ft 
182) 
ed, his bag or budget. The sum total 
of the supply required for the year 
1797,digested under the heads of 
the army, the. navy, miscellaneous 
services,* diminution of . the nati- 
onal debt, ordnance, and deficiency 
of taxes, amounted. to27,647,000/, 
The ways and means, proposed by 
the chancellor of the exchequer, 
for raising this supply, amounted to 
27,945,000I. : so that there was an 
excess of Ways and means, over the 
ANNUAL REGISTER, 1797. 
amount of the supply, of 298,000/.4 
new taxes were to belaid for raising 
the interest of former debts to be 
liquidated, and sums now borrow- 
ed or anticipated t to the amount 
of 2,110,000/.. The interest on 
the loan was calculated at 6/. 15s. 
per cent. : 
The new taxes for raising the in- 
terest on public expences, contract- 
ed or tobe contracted, being stated, § 
Mr. Pitt said, that these were dif- 
fused 
* Under the head of miscellaneous servéces were comprehended, besides the various 
sums usually voted for such services, the sums given for Bie provision of the emigrant - 
French priests, amounting to - 
For the diminution of the national debt 
Ordnance - .- 
Defraying of land and malt taxes 
Deficiency of other taxes, after deducting the surplus of grants for 
1796, which amounted to 420,000/. 
#£. 378,000 
200,000 
1,623,000 
350,000 
1,023,000 
A vote of credit, which he intended to move for, and which he ae ce 3 fers ica 
: . ? 006 
afterwards explain. ? 
+ The ways and means proposed, were, 
Land and malt tex - - - - 2,750,000 
Produce of the consolidated fund - - - 1,075,000 
Surplus of grants of 1796 - - - - 420,000 
Surplus ofthe lottery, after deducting the sum due upon it to the loyalists 200,000 
A voluntary loan - - - ~ 18,000,000 
Exchequer-bills to be issued - - - 5,000,000 
‘Total of ways and means - - - 27,945,000 
‘Total of supplies demanded - - - - 27,647 
Surplus of ways aud means - - - 298,000 
Y For the interest of 13,000,0001. of loan - - 1,215,000 
For interest on 5,000,0001. of exchequer-bills - - 275,000 
For interest on excess of navy debt, beyond the estimate of 1796, be- d161000 
ing 8,250,0001. ‘ 
For interest of future excess of navy debt, calculated at 5,702,000l. * 277,000 
Substitute for abandoning the collateral bill - - * 140,000 
2,222,000 
foan of 200,0001, by the East-India company, therefore the sum of taxes 
From this was to be deducted the interest to the subscription to the 
2,110,00@ 
to be provided for would be 
§ The new taxes were as follow. 
a Al, ; EXCISE. 2! 
Ten per cent. on teas . 2 ad _- 42,0008; 
_'Ten per'cent- on coffee ; - - - 30,000 
‘Additional duty on sales by auction, 24 in the pound on estates, andd 
and 3d,.on goods. § } 40,000; 
ba On 
7 o- 
