Revenue Stamp - History

History

The use of revenue stamps goes back further than that of postage stamps (first used in 1840); the stamps of the Stamp Acts of the 18th century were revenues. Their use became widespread in the 19th century, partly inspired by the success of the postage stamp, and partly motivated by the desire to streamline government operations, the presence of a revenue stamp being an indication that the item in question had already paid the necessary fees. Revenue stamps have become less commonly seen in the 21st century, with the rise of computerization and the ability to use numbers to track payments accurately.

There are a great many kinds of revenue stamps in the world, and it is likely that many are still unrecorded. Both national and local entities have issued them. In certain periods government have combined the uses of postage and revenue stamps, calling them "postal fiscals" or inscribing them "Postage and Revenue".

Read more about this topic:  Revenue Stamp

Famous quotes containing the word history:

    The history of philosophy is to a great extent that of a certain clash of human temperaments.
    William James (1842–1910)

    There are two great unknown forces to-day, electricity and woman, but men can reckon much better on electricity than they can on woman.
    Josephine K. Henry, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 15, by Susan B. Anthony and Ida Husted Harper (1902)

    Regarding History as the slaughter-bench at which the happiness of peoples, the wisdom of States, and the virtue of individuals have been victimized—the question involuntarily arises—to what principle, to what final aim these enormous sacrifices have been offered.
    Georg Wilhelm Friedrich Hegel (1770–1831)