A. D. 1784. 45 



The governor arid company of the bank of Scotland (ufually called 

 the old bank) were authorized to increafe their capital, with the fame 

 preference to the proprietors in the new fubfcription, and proportional 

 augmentations of the qualifications, as were direded by the ad 14 Geo^ 

 III, c. 32. [24 Geo. Ill,fejf. 2, c. 12.] 



' Whereas feveral duties and reftridlions, impofed by various ads of 

 ' parliament upon merchandize, are, by the alteration of the trade now 

 ' carried on between this kingdom and foreign ftates, in fome cafes be- 

 • come an unnecellary burthen upon commerce, without producing any 

 ' real advantage to the public revenue,' the duty called the petty cujloni, 

 and all other additional duties upon the goods of aliens, or flrangers- 

 born *, over and above the duties payable by natural-born fubjedls, 

 were abolifhed ; only that goods imported or exported in foreign vef- 

 fels continue to pay as before, and no alteration is made upon any du- 

 ties granted by charter to the city of London, A duty of one per cent 

 on all trade in the Mediterranean fea beyond Malaga was alfo repealed : 

 and the old fubfidy was allowed to be drawn back on European or Eaft- 

 Indian goods carried to the Britifh colonies in America. [24 Geo. HI, 

 fef. 2, c.\6.'] 



Additional duties of excife were laid upon paper, pafteboard, mill- 

 board, and fcaleboard, made in Great Britain or imported, to be rated 

 according to the fize and quality. [24 Geo. Ill, fejf. 2, c. 18.] 



The ad [12 Geo. Ill, c. 50] for allowing oak bark to be imported on 

 a low duty, when the price is ;^ 10 or more per load, which had been 

 continued in the year 1777, was now further continued for five years j 

 and feveral ads of parliament concerning manufadures of leather were 

 extended to Scotland.. [24 Geo. Ill, feJf. 2, c. 19.] 



In order to encourage the manufadure of hats, the exportation of the 

 fkins or wool of hares and conies was prohibited, and the importation 

 of Turkey goat's hair was permitted free of any duty. [24 Geo. Ill, 

 fejf.i, c. 21.] 



Auguft 13"" — ' For the better government and fecurity of the terri- 

 ' torial pofiefhons of this kingdom in the Eafl-Indies,' it was enaded 

 that his Majefty fhould be authorized to appoint one of the fecretaries 

 of fi:ate, the chancellor of the exchequer, and four other members of 

 the privy council, to be commifiioners, during pleafure, for the affairs 

 of India, and that they fliould have the fuperintendence and controul 

 over the civil and military government, and the revenues, of the terri- 

 torial pofieffions in the Eafl-Indies, and over the affairs of the Eafl-India 

 company, who, as fubjeded to their government and diredion, fhould 



'This d'ftinftion between the duties upon 'our own merchants an advar.tage both "n tlie 



' -aliens and thofe upon Englini merchants, which « home and in tiie foreign markef.' [Smith's /^f«A.V- 



' was begun from ignorance, has been continued of nations, V. iii, p. 346, td. 1793.] 

 ' from the fpirit of monopoly, or in order to <'ive 



