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the principal of which would be of exchequer bills of 2,230,000l. discharged in the course of the On winding up the accounts bepresent year. This item, though tween the English and Irish exlarge, the committee would look. chequers an advance had been upon with satisfaction, when they found necessary in order to clear considered how much the im- up all demands on the consolidated proved state of public credit less- fund of Ireland to the 5th of Jaened the charge thus incurred in nuary last, from which period they providing for the ways and means had started on a new account. This of the year. A proper idea of this had caused a grant to be called might be formed, when it was for (in order to make good the considered, that what cost the permanent charges of Ireland up country almost 2,200,000l. for to that time), of 246,5081. Tothe service of 1816, would in the wards the reduction of the navy present year create but à charge and transport debt, a supply was of 1,900,0001. upon an amount of demanded of 1,660,0001. There principal considerably increased; was thus, it would be seen, a new and when it was further borne in total of 4,136,508l. to provide for mind, that a few years ago the the charges of unfunded debt, or same operation would have occa to make good previously existing sioned an expense of 2,500,000l. deficiencies, which formed no part The sinking fund on the money of the supply necessary for the thus kept floating as unfunded service of the year. The different debt would amount to 330,000l. items and the grand total were as making a total charge on amount follows :

SUPPLIES,

€9,080,000

Army (including 1,500,0001. for extra

ordinaries, and exclusive of troops in

France....
Navy (exclusive of grant for the reduc-

tion of navy debt).
Ordnance..
Miscellaneous

6,000,000
1,221,300
1,700,000

Total supply for the service of the year
1817..

£18,001,300
Interest on exchequer bills... 1,900,000
Sinking fund on ditto.... 330,000
To make good the permanent

charges of Ireland to Jan.5,
1917..

246,508
Towards reduction of navy and
transport debt

1,660,000

4,136,508

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Hie bed now to call the atten- 2,005,4081., and it was estimated

vf the committee to the man- that before the 5th of April 1818 a *uch he proposed to meet they would produce the further

se demands. The first ar- sum of 1,300,0001. for which, ** #taich he should notice was therefore, he should take credit menul duties on malt, sugar, as the next item in the ways and er, and some other articles means of the present year. nad been taken at the usual He should in the next place

The of 300,0001. The cum- advert to the amount of the con. äre were aware that those du- solidated fund remaining at the

axass produced considerably disposal of parliament on the 5th than the sum of 300,0001. of April last. In this case also a

e upon them, and that the surplus had been produced by the - I$ was carried into the con- recent proceedings of parliament. . de fund.

A considerable deficiency had aclie nel proposed to avail him- crued in the produce of the con* of the ways and means for solidated fund on the 5th of Ja..:) aru 1816 exceeding the a- nuary, but that deficiency having ideas of the supplies which re- been made good by subsequent 2. xd to be paid out of them. votes of the House, and all grants : surn for the former year was affecting the consolidated fund 1:46. and for the latter having been cancelled by act of

These sums formed parliament, its surplus produce on in the language of the ex ihe 5th of April remained dis**r, er, was called surplus of posable for the service of the pre

11 204 means. He did not, sent year. The sums now remain: rurs, grew to take credit for ing in the exchequer of Great er as a genuine surplus, as in Britain and Ireland, and which he

* they became disposable should propose to vote on this acPita consequence of parliament count, amounted to 1,295,9761.or

3. since they were granted, in round ouibers 1,226,0001. Las a different provision for The lottery was taken at

- part of the supplies charged 950,000!. and though this might AO 1-10; whereby they became appear a larger sum than that of una inable w the service of the last year, yet, when the whole ac. ;**st year, instead of those for count was compared, it would be

1:"y were originally pro- found that the lottery was reto homem lhe whole, after retaining dued 50,0001. instead of be. 1 r. exit eum to pay the sup- ing so much higher, as one third fasema: J on them, amounted of the profit of the lottery had last Bio 100,3591. arising in great year been reserved for Irelaod, postat train the temporary excise according to the practice white bafm, woa which 3,500,0001. had prevailed ever since the unisa, i les granted in 1816, but of whereas this year the whole est

loom only 1,494,5921. had mated profit was carried to one tenpened on the 5ih of April account. The whole ar runt was

IbTe remained, therefore, therefore taken at 3000wi. in ** be raerred on that day 1816, and at only 2500,0. In

the

the principal of which would be of exchequer bills of 2,230,0001. discharged in the course of the On winding up the accounts bepresent year. This item, though tween the English and Irish exlarge, the committee would look chequers an advance had been upon with satisfaction, when they found necessary in order to clear considered how much the im- up all demands on the consolidated proved state of public credit less- fund of Ireland to the 5th of Jaened the charge thus incurred in nuary last, from which period they providing for the ways and means had started on a new account. This of the year. A proper idea of this had caused a grant to be called might be formed, when it was for (in order to make good the considered, that what cost the permanent charges of Ireland up country almost 2,200,0001. for to that time), of 246,5081. To. the service of 1816, would in the wards the reduction of the navy present year create but a charge and transport debt, a supply was of 1,900,0001. upon an amount of demanded of 1,660,0001. There principal considerably increased; was thus, it would be seen, a new and when it was further borde in total of 4,136,5081. to provide for mind, that a few years ago the the charges of unfunded debi, or saine operation would have occa- to make good previously existing sioned an expense of 2,500,0001. deficiencies, which formed no part The sinking fund on the money of the supply necessary for the thus kepe floating as unfunded service of the year. The diferent debt would amount to 390,0001. items and the grand total were as making a total charge on amount follows:

SUPPLIES.

£9,060,000

Army (including 1,500,0001. for extra

ordinaries, and exclusive of troops in

France.....
Navy (exclusive of grant for the reduc-

tion of navy debt)....
Ordnance...
Miscellaneous

6,000,000
1,91,300
1,700,000

Total supply for the service of the year
1817......

... 418,001,300
Interest on exchequer bills... 1,900,000
Sinking fund on ditto...... 330,000
To make good the permanent

charges of Ireland to Jan.5,
1517...

246,305
Towards reduction of nasy and
transport debt ..

1,660,000)

4,136,508

22,137,608

He had now to call the atten- 2,005,4081., and it was estimated tion of the committee to the man that before the 5th of April 1818 ner in which he proposed to meet they would produce the further the above demands. The first ar sum of 1,300,0001. for which, ticle which he should notice was therefore, he should take credit the annual duties on malt, sugar, as the next item in the ways and tobaceo, and some other articles means of the present year. which had been taken at the usual He should in the next place amount of 300,0001. The cum- advert to the amount of the conmittee were aware that those du- solidated fund remaining at the ties always produced considerably disposal of parliament on the 5th more than the sum of 300,0001. of April last. In this case also a charged upon them, and that the surplus had been produced by the surplus was carried into the con recent proceedings of parliament. solidated fund.

A considerable deficiency had acHe next proposed to avail him- crued in the produce of the conself of the ways and means for solidated fund on the 5th of Ja1815 and 1816 exceeding the a nuary, but that deficiency having mount of the supplies which re been made good by subsequent mained to be paid out of them. votes of the House, and all grants The sum for the former year was affecting the consolidated fund 15,7491. and for the latter having been cancelled by act of 1,849,8101. These sums formed parliament, its surplus produce on what, in the language of the ex the 5th of April remained dischequer, was called surplus of posable for the service of the preways and means.

He did not,

sent year. The sums now remainhowever, mean to take credit for ing in the excliequer of Great them as a genuine surplus, as in Britain and Ireland, and which he in fact they became disposable should propose to vote on this aconly in consequence of parliament count, amounted to 1,225,9781. or having, since they were granted, in round numbers 1,226,0001. made a different provision for The lottery

taken at great part of the supplies charged 250,000l, and though this might upon them ; whereby they became

appear a larger sum than that of applicable to the service of the last year, yet, when the whole acpresent year, instead of those for

count was compared, it would be which they were originally pro found that the lottery was revided. The whole, after retaining duced 50,0001. instead of bea sufficient sum to pay the sup- ing so much higher, as one third plies charged on them, amounted of the profit of the lottery had last to 1,865,5591. arising in great year been reserved for Ireland, part from the temporary excise according to the practice which duties, upon which 3,500,0001. had prevailed ever since the union, had been granted in 1816, but of whereas this year the whole estiwhich som only 1,494,5921. had mated profit was carried to one been received on the 5th of April account. The whole amount was last. There remained, therefore, therefore taken at 300,0001. in to be received that day 1816, and at only 250,000l. in

the

was

on

the present year. The next item on the 5th of April 1818, was he had to state to the committee 1,500,0001. These several items was that arising from the sale of of ways and means amounted alold naval stores, the amount of together to 9,541,5371. ; so that which he estimated for the last there was required to make good year at 400,0001. There was one the supply 12,600,0001. This he item more he had to include in proposed to raised by Irish treathe ways and means for the year. sury bills to the amount of It was the arrears of the property 3,600,000b., and a new issue of tax, of which a considerable sum 900,000l. of exchequer bills. Havwas due on the 5th of April last. ing concluded these statements, The whole arrear estimated likely he would now recapitulate the difto be received in the year ending ferent items of the

WAYS AND MEANS.

£3,000,000_Annual Duties ... £3,000,000
Disposable 1815

15,749
Ways and Means 1816 ..... 1,849,810

1,865,559
3,500,000---Excise Duties continued

(after satisfying the grant thereon for
the year 1816).....

1,300,000
Money remaining at the disposal of

parliament of the consolidated fund
at April 5, 1817....

1,225,978
250 000-Lottery..

250,000 Old stores

400,000
Arrears of property tax received or to

be received betwećn the 5th of April,
1817, and 5th of April 1818.... 1,500,000

Irish treasury bills
Exchequer bills ...

9,541,537
3,600,000
9,000,000

12,600,000

22,141,537

The first total of the ways and expenditure. It was therefore means which he had stated, name clear, that the above balance of ly, the 9,541,5371. might be re 12,600,000l. was necessary to garded as the ready money ac equalize the ways and means and tually in the exchequer, or which the supply; and he was convinced would be received in the course that that sum could not be raised of the year ; but that was the in a way more advantageous to whole which the ordinary re the country than that which he sources offered for covering the had proposed. He should, in the

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