98] ANNUAL REGISTER, 1819. 



The way in which he proposed 

 to meet this charge, enormous as 

 it appeared to be, was as follows. 



The annual duties were taken 

 as usual, at 3,000,000/,; the sur- 

 plus of the consolidated fund, 

 estimated on grounds which 

 he should presently explain, 

 3,600,000/. ; the war taxes, which 

 he should also explain, might, 

 including the property tax, be 

 taken at 20,400,000/. ; the lottery 

 300,000/. ; the loan in the 5 per 

 contributed by the 

 exchequer bills in 

 the present year, 

 6,789^025/.; exchequer bills in- 

 tended to be issued on the vote of 

 credit, 3,000,000/. ; and he should 

 observe, that this last sum would 

 make no addition to the unfunded 

 debt, an equal sum granted on the 

 rote of credit of the last year, 

 having been funded and not re- 

 placed by any fresh issue ; the old 

 naval stores, which since the re- 

 commendation of the committee 

 on public expenditure, had been 

 carried to the public account,^ 

 would produce 441,218/. 



The next item would be the 



cent, annuities, 

 subscribers of 

 the spring of 



surplus of ways and means, of last 

 year, amounting to 2,209,626/. ;. 

 but it would be necessary for him 

 shortly to explain in what manner 

 this surplus arose. Considerable 

 sums had been granted in the 

 year 1811 in exchequer bills 

 charged upon the aids of that 

 year. Of these, together with other 

 exchequer bills, about 5,500,000/, 

 had been funded in the spring, 

 and a part of the aids of the year 

 which had been appropri- 

 to the repayment of these 

 had been thus set free and 

 was applicable to the service of 

 the present j^ear, amounting, af- 

 ter the deduction 

 ficiency of ways 



1811, 



ated 

 bills. 



of a 

 and 



small de- 

 means of 



1811, which existed previously 

 to such funding, as stated in the 

 disposition paper before the house, 

 to the sum he had mentioned, of 

 2,209,626/. 



The only article of ways and 

 means, which it remained for him 

 to enumerate, was the loan con- 

 tracted on the preceding day of 

 15,650,000/. 



The various items would, there-- 

 fore, stand as follows : 



WAYS AND MEANS. 



f. 



Annual duties 3,000,000 



Surplus consolidated fund 3,600,000 



War taxes ^ 20,400,000 



Lottery 300,000 



Loan by subscribers of exchequer bills 



funded 6,789,625 



Vote of credit 3,000,000 



Naval stores 441,218 



Surplus ways and means 1811, created by 

 funding part of the exchequer bills 



charged on the aids of that year 2,209,626 



Loan 15,650,000 



55,390,469 



The 



