264 
Statistics. 
was 9,727,213/. ; but he thought it better to take the average of the 
three last years. Four hundred thousand pounds remained due 
from the East India company. These sums, added together, made 
9,696,805/. The nett produce of the assessment of the property 
tax for the year ending April 5, 181 1, was estimated at 1 1,800,000/. 
This was 400,000/. more than the sum calculated upon as the pro- 
bable produce, though less than the produce of the preceding year, 
on account of the great amount of arrears received in that year. 
The amount of the outstanding arrears of the property tax from 
1804 to 1810, was 2,246,644/. Of this sum, it v/as expected that 
a part would be returned by schedules, and part might not be re- 
coverable ; he would suppose one-fourth, or 560,000/. Deducting 
this, the amount, therefore, of outstanding arrears that might be 
expected to be received, was 1,686,644/. Of the estimated produce 
of the duty for the year ending the 5th of April, 1811 (namely 
1 1,800,000/.) 4,864,267/. had been received, 6,935,732/. therefore 
remained to be received. This added to the 1,686,644/. expected 
to be received of the arrears of former years, made 8,622,000/. ; 
which, with the estimated nett produce of the assessment of the 
present year, which he would take at the same as the last, namely, 
11,800,000/. gave 20,422,000/. From this, however, must be de- 
ducted the sum of 7,524,000/. remaining to complete the grant of 
1810, leaving a balance of 12,898,000/. to be received on account 
of the property tax. Let this be added to the estimate of the war 
taxes, 9,696,805/. and the result would be 22,594,805/. There v/ere 
war taxes, however, to the amount of 2,240,000/. already pledged 
for the interest of the debt, and which must therefore be deducted, 
leaving the balance to be received 20,354,805/. He would however, 
take it at 20,000,000/. 
He now came to the consideration of the loan, and of the ways 
and means in aid of the revenue to meet the expenses of the year. 
He had already explained to the committee the state of the loan 
made in the 5 per cent, stock, and the exchequer bills funded in 
the present session. These amounted altogether to 12,000,000/. 
by which a capital was created in the 5 per centum stock of 
12,444,711/. The interest on this capital was 622,235/. The 
sinking fund 124,447/. The charges of management 3,733/. 
making a total of 750,416/. to be annually provided for, for the 
loan in the 5 per cent. By the loan of 7,500,000/. for which he 
had that morning contracted, a total charge vmuld be incurred of 
465,403/. 105. The capita! created was 7,500,000/, in the three per 
