173 
The firt tax that he fhould propofe, 
was an additional duty upon Tea, above 
2s. 6d. per lb, of ro per cent. ad valorem, 
which he calculated would produce the 
fum of 300,000. 
The next tax he meant to propofe was 
on the article of Pager, the preient duty 
on which he would propofe to double ; 
providing an exception, however, in favour 
of paper-hangings, and glazed paper, uled 
in particular manufactures, and allowing 
a difcount to the-full amount of the duty 
upon all paper ufed in the publication of 
diurnal prints. “The produce of this tax 
he‘eftimated at 130,000l. 
He propofed, that the drawback upon 
‘the exportation of -Callicoes, be taken off, 
‘and thatthe prefent duty of two-pence- 
hilf-penny per yard, be advanced tu three- 
pence-half-penny; which would amount 
to 1§5,000]., making the total of the Ex- 
‘eile 586,0col. 
Upon Timber, Staves, and Deals, he 
“propoted to encreale one-third, which he 
eftimated at gs,oool. The export trade 
of Pepper, which was our own, he alfo 
confidered as a proper article of taxation. 
Upon all exports he fhould propote a tax 
of fix-pence per pound; this would pre- 
duce 104,0001.; and upon all confumed 
at home, a duty of three-pence; which -he 
‘eftimated atz5,000l., making together the 
"fam of 119,000!. ae, 
There were fome lefler -duties upon 
*Zead, Raifins, and other articles not ne- 
“eeflary to be here enumerated, the produce 
of which, added to the preceditic, would 
mzke the whole amount of the Cuftoms 
402,000l. 
The next tax he meant to propofe, was 
upon Horjes of every defcription, not ex- 
- eepting thofe employed in agriculture, 
thoneh the dufy upon the latter, would 
enly be to a {mall amount. 
Horfe employed in agriculture, he fhould 
propofe an additional duty of four-fhil- 
ings, which would produce the fum of 
x365,000l. Upon Pleafure horfes, where 
e only one was kept, an additional duty of 
sos. for each; which would produce the 
fum of 170,000) ; making the while pro- 
duce of the tax on horfes 306,000!. 
Upon all Bills and Notes at’ prefent 
taxed, an encreafe of one-haif of the ex- 
ifting fanp duty, he ~eftimated 
z12,0001. 'U 
‘in fhippmg tranfaGions, an encreafe of 
one-half- the prefent duty, © making 
z45,000]. Upon all Deeds of Conveyance 
; me oe s. 
~ Property; which bore at prelent a tax of 
State of Public Afairs in February, 1801. 
Upon every . 
at ' 
Upon all Policies’ of Infurance - 
~ 
sos. per fkin, he propofed to place an 
additional duty of three fhillines per fkin, 
which would produce 93,0001. | Total 
amount of lamps 350,000]. ~ 
The lait obje&t of taxation toe-which he 
wifhed to call the attention of the Com- 
mittee, was the Po/f-office. 
lations ‘were intended, with refpeét to dif- 
tance, &c. which, it was eftimated would 
produce a revenue of 80,000]. The 
Packets to Ireland, the Crofs-road Pofts, 
and Inclofures *n Foreign Letters, which 
had hitherto not been charged fo high as 
thofe on Enclith letters, would likewiie 
admit of an additional profit to the coun- 
try, tothe amount of 17,0001, 
He propofed, with refpeét to the Pexay- 
fo?, that the prefent rate be doubled ; or, 
in other wards, that inftead of a-penny, 
every letter fhould in future be charged 
two-pence. ‘The total amount of the re- 
venue to be drawn from the poft-office re- 
gulations, he eftimated at 150,000l.:, 
Recapitulation. _ 
Excife .« i ‘ £586,009 
Cuftams : 4 .492,000 
Horfes . 4 : 306,000 
Stamps 1% ai, ER 350,000 
Poft-office regulations 150,000: 
Total amount of taxes £1,794.,000 
On the 12th of February, Mr. Pite, at 
his houfe in Downing-ftreet, received the 
gentlemen who bid for the loan. . He Ja- 
mented that the fervice cailed for fo large 
afum; but, as near as he could’ judge 
from the eftimates made out, the fum 
wanted wouid be from twenty-feven to 
twenty-eight millions of money ; and he 
propofed to fund it in the three per cent. 
Conf. and three per cent. Reduced Stock. 
On the 16th of February, he agreed for 
the loan upon the following terms: 
125 ee at 70). +5 Lol. 
co—15 Reduc. val. 2gli gs. 
The payments of the loan are to be by 
the following infialments : 
Yee Rebs i205 deépofit.. 10 per cent. 
Apr. 275 2d inf io 
May 15, 3d..do. 740 
June 19, 4th do. 10 
July 17; sth do. 15: 
Aug. 21; 6th do., 10 
Sept. 18, 7th do. 10 4 
O&. 16, Sth do.) 15 She 
Dec. 115 gth dod: 916, jo2 yaig 
£ico 
ara 
Various regus 
ey 
