a 
A ae ee eee ee a i oo 
492 
gioomy views of the financial situation of the 
country. It would be highly satisfactory 
to know that such had been the produce of 
Our revenues in that very year, when men of 
great weight and authority in that house an- 
ticipated a failure, that instead of the deficit 
they apprehended, there had actually been a 
very considerable increase. 
‘The following is the general view of 
THE SUPPLY: 
The navy - - £19,258,000 
The army, including army for 
Ireland, and extraordinaries - 20,307,000 
‘The ordnance - 4,411,000 
Miscellaneous services - 2,000,000 
The vote of credit ° 300,900 
Trish vote of credit © -- 200,009 
Subsidy to Sicily - - 400,000 
Ditto to Portugal ° - 980,000 
‘Total joint charge for the year 50,566,200 
Interest of exchequer bills 1,600,000 
Compensation to loyalty loan- 
holders 2 = 18,000 
Total ~ = _ 52,185,000 
Deduct proportion for Ireland 6,106,000 
Total for Great Britain = £46,079,000 
He next proceeded to the ways and means 
for meeting this supply. 
WAYS AND MEANS: 
Annual duty on malt, offices, and 
pensions 
Surplus already voted for the con- 
3,000,000 
solidated fund of 1809 - 2,661,602 
Surplus for the present year 4,400,000 
War taxes - = 19,560,000 
Lottery - - 350,000 
Exchequer bills funded - 8,511,600 
Vote ofcredit. - = 7 3,000,000 
Loan - * 8,000,000 
Making a tota! of * £46, 225,202 
which exceeded the supply by £144,202. 
Having stated to the house the total amount 
of the grants, he made some observations on 
the different items. As to the war taxes, 
they had last year produced 29,707,000/. 
The produce of the tax upon property actu- 
ally paid into the treasury in the last year 
was 13,751,233/. of which sum the assessment 
had only been 11,400,000/. The excess of 
the receipts above the assessment of the year 
was 2,351,233l. It would not, however, 
be reasonable to calculate upon so large a re- 
ceipt in the present year, as the excess of the 
receipts above the assessment, consisted of 
arrears which had been collected with great 
activity and success. There +vas-no arrears 
due now of a later date than 1807, and the 
‘arrears which now appeared to be due were 
as follow:—+For i807, the arrears were 
409,9231.; for 1808, 530,368/.; for 1809, 
4,540,750/.; and for the present year, 
6,241,405/ This last sum, however, could 
State of Public Affairs in May. 
~ 
[June i, 
7 
not be properly called arrears, as the assess= 
ment for 1810 was to the 5th of April, which 
was only last month, and which sum is now 
in the regular course of collection. Since 
1804 there had béen granted, on account of 
the, property tax, 115,830,000/. of which 
there had been received 107,441,478/. leaving 
a total arrear of 8,437,522/. There could be 
no reason to think that the receipts of the 
property tax in the present year, could fail 
Short of 11,400,000/. and when he should 
add to them the estimated amount of the other 
War taxes, he thought he might fairly reckon 
on the whole amount of the war taxes for 
the year, at 19,400,000/7. The average pro- 
duce of the war taxes on customs during the 
last three years had been 2,050,080/. that 
should be taken at their produce in the pre- 
sent year, added to the 11,400,000/, it would 
form a total of above twenty millions. 
He now came to the assessed taxes. The 
produce of these taxes the last year was 
6,459,000/. The amount of arrears last year, 
in the assessed taxes, was not less than 
600,000/. but the whole amount of such are 
rears, at present outstanding, did not exceed 
300,000/. Making allowance for the arrears 
collected within the last year, he should take 
credit, on account of the assessed taxes, for 
5,860,000/. 
The accounts on the table would shew the 
committee, that the receipts under the head of 
stamps, had amounted last vear to 5,193,000/, 
which was an increase above the receipts of 
the preceding year of the sum of 1,256,907/, 
This increase was, in some degree, owing as 
well to the collection of arrears, as arising 
subsequent to, and out of certain regulationg 
which have been adopted on his own suggese 
tion in the year 1803, in the act for ccnsoli- 
dating the duties on stamps. ‘ 
It might here be material for the satisfac- 
tion of the committee, to look to the state of 
the trade, manufactures, and commerce of 
the country. The official value of imports 
last year was 36,255,209/. The prosperous 
year of peace (1802), was only 31,442,518/, 
being an increase last year of nearly 5,000,000/, 
above the most prosperous year of peace. 
The exports of British manufactures last 
year amounted to 35,107,000/. in 1802 they 
were only 26,993,199,being a difference of bee 
tween 8 and 9,000,000/. in favour of last year. 
After a few words from Mr. Huskisson, 
Mr. Rose, and Mr. Tierney, the usual reso» 
lutions were agreed to. 
The parties who had prepared lists for the 
loan waited upon the Chancellor or the Exs 
chequer on thei6th. Mr. Perceval had pro- 
posed to give forevery 100/. sterling 130/. in 
the reduced Sper cents, the rest in 3 per cent. 
consols. and the party willing to take the 
smallest quantity of that stock to have the 
loan. The sum wanted is eight millions for 
England, and four for Ireland.—Two of the 
lists, Goldsmid and Co. and Baring and Co. 
“having made a similar offer, were declared 
te 
