Manchester, [before 26 June 1852] 

Napoleon IL” is getting into more and more of a scrape. 
Apart from his other new taxes, the jackass has got caught up in 
the same snare as the provisional government,'‘—that is, by 
imposing a new tax on the peasants; an increase of 25% on the 
existing succession duty and the conveyance OF LANDED PROPERTY. He is 

4 at bottom - > Napoleon III, whom Marx ironically calls ‘the second’. 

moving quickly. True socialism is being achieved by a most fatuous 
acceptance, if not an intensification of, the old French financial 
- procedures...