HISTORY OF EUROPE. [Ill 



but the assignment of 1,700,000/. 

 out of the income-tax to the pay- 

 ment of a part of the interest, ren- 

 dered 313,000/. sufficient for the 

 remainder. This last demand was 

 answered by a new duty of 5 per 

 cent, on all kinds of tea sold at 

 2*. 6d. each pound, and by a small 

 augmentation of the duties on rum 

 and brandy. The whole of the 

 ways and means for raising the 

 supplies, are stated below.* 



Mr. Pitt concluded his financial 

 estimates by saying, that he needed 

 not to add any thing to a statement 

 so highly satisfactory ; which proved 



* Malt, sugar, and tobacco 

 Exports and imports 

 Lottery 

 Tax on income 



Renewal of die cliarter of the Bank 

 Vote of Credit 



Surplus of the consolidated fund 

 Loan 



to the committee, and would prove 

 to the public, the growing prospe- 

 rity of the kingdom : and, by shew- 

 ing the resources we had for war, 

 would be a means of enabling us to 

 persevere in the struggle, until we 

 could obtain a peace ; until we 

 could obtain a solid and permanent 

 peace. — The financial resolutions, 

 proposed by Mr. Pitt, after a va- 

 riety of strictures by Mr. Tierney, 

 and a reply by the minister, were 

 put and agreed to, and afterwards 

 through the usual forms passed into 

 laws. 



^.2,750,000 

 1,250,000 

 200,000 

 5,300,000 

 3,000,000 

 3,000,000 

 5,500,000 

 18,500,000 



^.39,500,000 



