268 
Statistics^ 
portion to the quarter ending 5th Januarjr, 1811, (when the duty 
first had full effect) would amount to 71,600/.— -These various 
sums, added together, would give 1,617,600/. The committee 
would, however, be aware that these duties were of course subject 
to such diminution as might be occasioned by the discouragement 
of the articles on which they were imposed, as they were intended 
to produce. This diminution would probably not be very conside- 
rable for some period ; but he had no doubt, and, indeed, sincere- 
ly trusted, that they would ultimately be very much diminished, 
as in proportion to that diminution would the encouragement to 
English articles increase. These duties he proposed to go in ac- 
cumulation of the war taxes, and he conceived, that in giving 
866,600/. to the war taxes he should not be unjustifiable in taking 
from them 465,403/. which sum, added to the produce of the two 
duties on spirits, viz. 751,000/. would give him the 1,215,819/. 
which he required. Then, however, there would be a balance of 
300,000/. of the war taxes unappropriated and applicable to the 
ways and means of the year, and also 600,000/. of surplus of the 
consolidated fund. The committee must recollect, that these new 
taxes had been voted at an advanced period of the year, one quar- 
ter having nearly elapsed, and a consequent deficiency of one- 
fourth ensuing ; it would therefore be expedient to meet this defi- 
ciency out of the surplus of the consolidated fund, and 250,000/. 
must be deducted from the 600,000/. on that account. 
He had now to submit to the committee a very important con- 
sideration, to which he should call their most serious attention. As 
soon as the present subject was finished, his right honourable friend 
(Mr. Foster) would proceed to lay before them the situation of the 
finances of Ireland. His right honourable friend would have to 
state that he had borrowed for the service of Ireland 2,500,000/. 
that country, and that he had borrowed 4,500,000/. in England for 
the same service. To meet the expenses of the loan raised in Ire- 
land, his right honourable friend was ready to propose the neces- 
sary taxes; but he (the chancellor of the exchequer) had no hesi- 
tation in saying that he trusted the committee would agree with 
him in thinking that, in the present distressed state of the Irish 
nuances, it would not be wise or expedient to call on his right ho- 
nourable friend to lay taxes on that country for the purpose of 
meeting the expenses of the loan of 4,500,000/. raised in England. 
It v/as therefore his intention to propose to the English members 
and to the Irish members of the house of commons, that the ex- 
pense‘s '' that part of the loan raised for the service of Ireland 
