94] 
should take such previous measures 
as may be necessary for defraying 
any expences which may arise, in 
consequence of such possible remo~ 
val of live and dead stock as I have 
supposed, as well as of any particu 
lar losses which may eventually be 
occasioned thereby. 
Although this circumstance is 
such as must obviate every possible 
objection to the measure, I am 
nevertheless confident, that all those 
whom it may concern would, ex- 
clusively of every personal conside- 
ration or motive, join with the utes 
most alacrity in the execution of a 
measure which has for ity object 
the general safety of the country, 
I have the honour to be, &c. 
PortLanp, 
Copy of a letter from the chancellor 
of the exchequer to the lord 
mayore . 
Downing- street, 1st Dec. 
My Lord, 
I TAKE the liberty of transmit- 
ting to your lordship a copy of a 
letter which I have thought it my 
duty to write to the governor and 
deputy governor of the bank, and 
of the memorandum therein refer- 
red to, which it is their intention 
to lay before a court of proprietors 
this day, Ihave the satisfaction of 
thinking that the plan therein 
suggested is likely to receive the 
greatest countenance from many 
- great mercantile bodies and respec 
table houses in the metropolis. 
The repeated proofs which the 
citizens of London have given of 
their zeal and public spirit, leave 
me no doubt, that, if it appears 
likely to promote the interests of 
the country at thisimportant crisis, 
it will receiye their cheerful sup- 
ANNUAL REGISTER, 
1796. 
port in their individual capacity, 
as well as that of the corporate bo- 
dy, and of the different public com 
panies. Jt is wnnecessary for me to © 
State the effect which such an ex- — 
ample would produce throughout 
the kingdom. With this view [ 
would request your lordship, if you 
see no impropriety in the measure, 
to take as speedily as possible such 
stéps as you may think most advisee 
able for bringing the subject under 
the consideration of the common 
council, and of the different public 
companies, and for ascertaining 
to what extent they may be ine 
clined to contribute to the success 
of the plan, in the event of its re~ 
ceiving the approbation of parliae 
ment. 
I have the honour, &c. 
W.. Pity, 
Copy of the chancellor of the ex. 
chequer’s letter read at the Bank. 
THAT under the present. cir- 
cumstances it seemed peculiarly 
necessary that provision should be 
made for the services of the ensu= 
ing year, without having recourse 
to the accustomed way of raising 
money by a loan, at the present 
price of the funds. It was there- 
fore in contemplation to propose 
to parliament that one-fourth of 
the income of individuals of a 
certain class should be applied to 
that purpose, to be repaid accord- 
ing to the terms. specified in the 
inclosed memorandum. There 
were strong reasons to believe that 
many gentlemen would voluntarily 
subscribe a larger proportion than 
what might be required of them, 
but the extent of contribution 
greatly depended cn the examples 
that might be given, particularly 
OR 
