A. D. 1794. 301 



and the remainder at the regular flated periods without any apparent 

 difficulty or diftrefs. With the exception of two only, who became 

 bankrupts, the parties aflifted were ultimately folvent, and in many in- 

 ilances pofTefTed of great property. 



The advantages of this well-timed meafure were evinced by a fpeedy 

 refloration of confidence in mercantile tranfadions, which produced a 

 facility in raifing money, that was prefently felt, not only in the me- 

 tropolis, but through the whole extent of Great Britain. The difficul- 

 ties, in which many commercial houfes were involved, were thus re- 

 moved, and the fatal effects of thofe difficulties in other houfes, who 

 were dependent on them, were prevented. Nor was the operation of 

 the ad lefs beneficial with refped to fome eminent manufadurers in 

 various parts of the kingdom, who, having in a great degree fufpended 

 their works, were enabled to refume them, and to afford employment 

 to a number of work-people, who muft otherways have been thrown on 

 the public for fupport. 



The delicacy, fo elFentially necefTary in matters of private credit, was 

 fo pundually obferved throughout the whole of the bufinefs, that none 

 of the names of thofe who had occafion to avail themfelves of the public 

 relief were ever mentioned. It may not, however, be improper to ftate 

 in what proportion the bills were diftributed in the various parts of the 

 kingdom, though the account does not comprehend the whole *. 



In Glasgow - i€3 19,730 

 Pasley - 31,000 



Leith - 25,750 



In London - - g£'98C),700 



Manchester - 24t),500 



Liverpool - 137,020 



Bristol - 41,500 



''tgla'^nr^ ^"}_3ia000 

 ^1,129,180 



Dundee - 16,000 



Edinburgh - 4,000 



Perth - - 4,000 



Bamf - 4,000 



^404,480 



When Mr. Dundas, as prefident of the board of controul, brought 

 forward, what is uiually called, the Eaft-India budget in the houfe of 

 commons, he fhowed from the refult of the accounts, that the com- 

 pany's affairs in India were improved 



by the decrease of debts and the increase of assets since last year to tlie") _ ^2 344 130 



amount of - - - - - j 



The balance in favour of the company in China and S". Helena exceeded? _ 274 q2Q 



that of last year - - - - ^ - / >J 



At home the debts were diminished ... ^598,129 



and the assets were increased ... . 6jO,60'3 



the improvement at home in the course of the year being - - 1,257,792 



Of the sum total of the increase ..... 3,8/0^857 



there proceeded 



from the creation of new capital stock ... ^^2,000,000 



and from cargoes arrived from India since making up the stock accounts - 207,108 



2,207,10s 



So there remained a net improvement in the company's affairs since last "? a£\ OOQ "4Q 



year of . . - - - - J ' J>/ V 



* For this account I am indebted to Mr. Chal- of the country the principal relief was granted. 

 iners, who gives it as only fhowing to vyhat parts \_EJlimale, p. Ivji, ed. 1794. J 



