574 PolitkiU Affairs in June 



due on the bills isB'uea foV (lie eixiocution of 



public works iu the present vifir. In tlie 

 whole they aniounterl to 20,()ls,'>001., aud 

 left, as he had already showri, a small ex- 

 ■cess on the side of the ways and iu'eaii». 

 The income and expeuditnro of Great Bri- 

 tain for the year ending- the 5th of January, 

 1820, were as follow: — For that year, the 

 total net revenue of Great Britain andlre- 

 Jand, including' arrears of property tn>, 

 and war duty on malt, was 54,022,7141. ; to 

 which were to be added for lotteries^ 

 156,1241. ; for old stores 26:i,8201. ; for re- 

 payment cf Exchequer bills issued for pnb- 

 lie works, 198,0001. niakinsf a total of 

 64,640,6581. The charg,-es on the consoli- 

 dated fund were 48,5t-/,1571., and the in- 

 terest on the sinking fund was 2,300,2191., 

 forming- a total of 50,897,37<)1. of chitrgss 

 ■exclusiveof the army and navy expenditure 

 for the year. The latter, when added to 

 the foreg-oing charg-cs, made a total for 

 the service of that year of 71,199,8541., 

 from which, if they deducted the previous 

 amount of 04,640,6581., there would remain 

 a balance of 16,559,1961. To meet this, 

 an-angemcnts had been made to take 

 17,oOS»,7731.out of the sinking fund, which, 

 ^vheu done, left a surplus over and above 

 the charge for which it was provided, of 

 950,5971. The total amount for the whole 

 services of the present year would be 

 58,221,0001. Deducting, therefore, the as- 

 sumed amount of the revenue and the pay- 

 ments which he had enumei-ated, there 

 would appear an expenditure of 1 3,209,8001 . 

 over and above the income of the year. 

 As the sinking fund fcr this year amounted 

 to 16,800,0001., the actual amount of the 

 reduction of debt already eftected would 

 be 3,500,0001 ; so that they might fairly 

 expect this year to show an excess of in- 

 come over their expenditure of little less 

 than four millions. The right hon. gentle- 

 man then moved, "That it is the opinion of 

 this committee that a sum, not exceeding 

 13,000,0001. be raised by annuities on the 

 sinking fund, 12,500,0001. for Great Bri- 

 tain, and 500,0001. for Ireland, for the ser- 

 vice of the year 1821 ;" which, after some 

 observations from Messrs. Maberly, Ca!- 

 craft, Ricardo, Hume, Lockhart, &c., was 

 carried by 123 to 65. 

 TheYollowiug is a tabular summary : 



SUPPLY. 



1820. 1821. 



f P,443,243 Array . . £8,750,000 



,. 6,586,695 Navy . • 6,176,700 



. 1,199,650 Ordnance . 1,195,100 



T 2>444,10.0 JVlJ^c.^laRCOUS . 1,900,000 



- £l9,67ai689i .-,' :-i ,,' ■ , £18,021,800 



•.3feu-u„„ f^^-^ Interest on Ex- 

 1-0 £ioD»" ' ? chequer bills 1,000,000 

 ■'JL^.r- 410,000 Sinking fund OH do. 290,000 



(July 1, 



[By reduction of unfuD^cil 

 debt, viz., r^'i^ ylri ■ 



n onn ftriA ' l""'"'' Treas. ■.'•>' OflT 



9,000,000, ^_.„^ 500,000:: 



I Bills forpiib- 



L V.i- wci-kd 206,400 



-, 706,400 



£30,083,r,f<8 ^20,018,200 



WAYS AXD Itr.AXS. ^' 



Granted for 1820. Estimate for 1821. 



3,000,000 Annual taxes . 4,000,000 

 2,500,000 (Exc. dutic;.) tea do: 1,500,000 

 240,000 Lottery . . 200,000 

 260,000 Old stores . 16.3,400 



Surplus of pecnninry indem- 

 nity payable by the Frouch 

 government . 500,000 

 iqs 000 > l^'^'^l^enuer bills for 



Surplus ways and 

 meaus, 1820 . 81,630 



. ,..,., £6,570,030 

 Sinking fund loan,yiz., , ,, 

 (Great Bri- , 1 i 

 12,000,0004 lain 12,500,000>-13,000,OCO 

 f Ireland 500,000) 

 Ba-ik of Ire- 

 luriJ increase 

 oi capital 500,000 Irish 

 Currency being in 

 British currency '461,539 



1" 000 000^^'""^'"""^°''". 



^ -'""*''"""-' 7.000,000 Funding EX- 



-f ohequL-r bills- 



£30,198,000 ' £20,031,569 



UNFUNDED DEBT. 



1820. 

 Exchequer bills, 



1 Geo. 4.20,000,000 

 Irish Treasury bills, 



lGeo.4. 1,-500,000 

 Exchequer bills 



for public 



works, &c. 200,400 



1821. 

 Exehetiuer 

 bills 29,000,000 

 Irish Treasuiy 

 WUb . 1,000,000 

 £30,000,000 

 By reduction of un- 

 funded debt 706,400 



■if21,683,«8« 



£19,311,800 



£30,706,400 £30,706,400 



Ou tiie Stli a grant was proposed of 

 an addifional 6C00I. a year to the 

 Duke of Clarence, with arrears for 

 three years. Mr. Hume proposed an 

 amendment of 35001. but without suc- 

 cess ; and another amendment of the 

 grant, without the arrears, was negativ- 

 cubyll9to43. Suchagrantat the time 

 that money isdfiily increasing in value, 

 has filled (lie nation with great surprise. 

 We regret that the bill for ameli- 

 orating tlie criminal laws, on which 

 Sir James Mackintosh and others 

 have devoted several years, after pas- 

 sing (he third reading by 117 to Hi, 

 wii,s unexpectedly rejected on the 

 question (hat it. do now pass by 120 to, 

 114. This boon to the spirit of the 



age 



