Mr. Pitt obferved, that the office of firft lord of the admiralty was one to which men afpired with a patrietic ambition, and whofe fortune rendered the confideration of a falary as little elfe than fecondary. Thefe and the other fundry votes for the different heads of expences in the naval departments, being read, were agreed to. The fecretary at war next rose to move the extraordinaries of the army. On these estimates he had little more to offer than what might appear from the mere recital of them. The committee, however, might be defirous to learn the general comparison between the eiti mates of this year and those of preceding years; they would have the fatisfaction, therefore, of finding that the number of men to be voted this year was lefs by 32,000 than that voted last year. This dimiaution would fall upon the lefs difpofable force, the militia, for example, and the fencible cavalry. Notwithstanding this diminution, the regular army would be increased by 48,000 men. The whole a mount of the number he propofed to be voted was 192,000 men, which was 32,000 lefs than that of laft year, and lefs than what had been voted for the three preceding years. The expence in fome articles would be found to have increased, but that increase would be counterbalanced by a diminution of expence in other articles. Some reduction had been made in the military staff, which would have amounted to 20,000l. were it not found neceffary to in Mr. Wallace now moved for the feveral refolutions in their fucceffion, viz. For repairs, wear and tear, &c. £. 656.515 1,300,000 500.000 90,000 creafe the medical staff by an addition of 9,000! There were fome new heads of expence, fuch as a corps of waggoners and of pioneers, which had proved of infinite fervice in the late expedition; these, therefore, it was thought proper to retain. The whole to be voted was, as he had already stated, 192,000 men; to provide for which he would now move that there be granted to his majesty the fum of 8,854,700l. After a few observations from Mr. W. Smith, that refolution, and feveral others connected with the army extraordinaries, were moved and agreed to, and the report of the committee ordered to be received on the morrow. The chancellor of the exchequer on the 17th of February moved the order of the day, that the house do refolve itfelf into a committee of fapply; which the houfe having done accordingly, the chairman proceeded to read a meffage from his majesty relative to aa aid to be granted to the emperor, and to the elector of Bavaria. After it was read the chancellor of the exchequer rofe, and faid that he did not think it neceffary to fay much in order to convince the houfe of the propriety of adopting the meafu.es recom ended in his majesty's most gracious communication. A great majority of the houfe had already pledged pledged themselves to a vigorous profecution of the war; and thofe who thought with him that it was acting wifely and prudently to decline entering into negotiation under the circumftances in which it was propofed, could not well refufe their affent to the adoption of every means that appeared likely to infure the fame advantages to the common caufe which attended it the whole of the last campaign. He could now only glance at a general ftatement, and he thought that the Army extraordinaries for the year 1800 Ditto New Brunswick Ditto Ifland of St. Jolin's, America Ditto Cape Breton Ditto Newfoundland Ditto Bahama Iflands Ditto Bermuda Ditto Dominica To make good the like fum pursuant to addreffes, and not yet made good Relief of fuffering clergy of France and American loyalifts The houfe refumed, the report was brought up, and ordered to be received on Monday. pecuniary affiftance that the empe ror, &c. might stand in need of might amount in the courfe of the year to 2,500,000l. He would at prefent only move for an advance of 500,ocol. On the 24th of February, the order of the day was read for going into a committee of ways and means; and the house went into a committee accordingly, Mr. Bragge in the chair. After a very long debate the queftion for grantinga fubidy to the emperor was carried.-Ayes 162 -Noes 19. The chancellor of the exchequer on the 21st of February moved the army extraordinaries in the hape of refolutions, as follows: The chancellor of the exchequer rofe, and faid, he fhould not detain the committee with any preface to Ditto New South Wales Bills drawn on the lords of the treasury for New South Wales, and not yet come to hand Charge for fuperintending aliens Convicts at home £. 2,500,000 447,000 150,000 } 26,203 242, 98 7,574 7,950 5.540 4,460 1,900 1,840 1,640 4,100 $80 боо 630,916 24,074 6369 32,535 the account of the fupplies which bad been already granted, or remained to be granted, for the fervice of the current year, and of the ways and means for defraying the fame; but he thould proceed directly to flate generally the fums under the feveral heads of which thofe accounts confifted. There had been granted, and there remained to grant, under the head of SUPPLY. [Thefe laft include the plantation fervice, which had been voted that day, and the other ufual mifcellaneous articles. Thefe are the chief heads of the fupply already voted. He should include all these fums in his account of fupply, that the committee might have before them the whole at one view, though the whole was not yet voted.] Intereft paid for fums raifed by exchequer bills; difcount for prompt payment; and fums paid to the bank for receiv- į Deficiencies of the grants of 1799, Ditto. In like manner exchequer bills were iffued on the credit of the aid and contribution act of 1798, and which exceeded the produce, making a charge which must be provided for of Ditto. In like manner a vote of credit was given last year] for 3,000,000l. to be provided for in the ways and means of the prefent year. It was his intention to vote for a like fum to be charged on the ways and means of the year 1801; but in the mean time he must include it as an article of fupply, Exchequer bills.-In confequence of the tax upon income,] credit was taken in the ways and means of last year for 1 10,000,000l. under this head; but in the estimate made [ of its probable produce, after the modifications which were made of the tax, he reckoned upon no more than 2,500,000 7,500,000l. According to the paper on the table, the amount of it was likely to be 6,200,000l. From the number of exchequer bills iffued on the credit of this tax, there would be paid off about Subaidies. Mr. Pitt could not yet afcertain the amount of the fubfidies which Great Britain might have to pay to foreign ftates for their cooperation in the war. When applied to by those who bid for the loan, he fold them that the probable So that he should take the whole of the fubfidies at £. 12,619,000 $9,000 I1,370,000 1,695,000 750,000 816,000 447,000 350,000 1,075,000 amount would be 2,500,000l. ; but this was exclufive of the fum to be paid for the maintenance of the Ruffian troops now in the British dominions, which might be about 500,000l. 3,000,000 £. 3,000,000 Thefe These were all the fpecific fums which he could ftate, unlefs the annual grant towards the fund for paying off the national debt, And these together amounted to the fum of 37,728,000!. ; but there was still left the amount of the extraordinary services, to which we might be fubje&t, and of which he could not as yet form any accurate estimate, but he would fay about This would make the total of the supply for the year 1800, about WAYS AND MEANS. Mr. Pitt then proceeded to ftate the ways and means Exports and imports, Tax on income.-Here, Mr. Pitt faid he fhould propose such regulations as, he was informed on the subject, would render the tax on income a much larger production than it had been in 1799. Suppofe, however, that, with the regulations which would be introduced, it fhould produce only the fum of 7,000,000l. from this fum, he had to deduct the intereft to be paid on the loans for which this fund is, in the firft inftance, to be appropriated, viz.-it ftands charged with the interest on a loan of 8,000,000l. which is And he propofed to charge it with 13,500,cool. of the prefent loan, "Gentlemen will obferve, faid Mr. Pitt, "that, in order to the} Leaving a furplus on the 5th of April, applicable to the £. 200,000 Making together the fum of 1,703,000 Which, deducted from 7,000,000l. leaves, as a fum appli-} 5,300,000 cable for the fervice of the year, about · 1,800,000 39,500,000 2,750,000 200,000 1,250,000 480,000 588,000 635,000 2,174,000 1,280,000 894,000 } 23,791,000 300,000 Making the amount of the permanent taxes for the year ending the 5th of January 1800, Now, the amount of the intereft upon our national debt was Leaving an applicable furplus of To which might be added a fum which we might expect to receive under the title of impreft monies, and of the payment of monies granted to the colonies of Grenada and St. Vincent, without reference to the indulgence now under difcuffion, Making a total of The intereft on the impérial loan, } Add to this the furplus balance which was to come from the Bank charter. This fum was to be received from the bank without intereft for the renewal of their charter, Loan of the year (exclufive of that for Ireland), } The total of the ways and means for the year then amounted to hen} Upon the fubject of the loan he fhould only fay, that it was the ftrongeft proof and confirmation of the propriety and wifdom of the new fyftem of finance which had been adopted, and of the folid refources of the empire. The terms were, for every 100l. in money, 110l. of 3 per cents. confols, at 61, 47. ditto reduced, at 617. 155. The discount for prompt payment, according to the rate previously agreed on, muft be added to this, in fairness, and it was calculated to amount to So that for every 100l. in money it was agreed to take I. 24,091,000 19,725,000 4,365,000 750,000 5,115,000 497,000 4,618,000 894,000 39,500,000 the contractor was to have rol of 5,512,000 3,000,000 3,000,000 18,500,000 £.67 2 O 29 O 4 2 16 7 £.98 18 11 In this view of the contract, it the flocks rofe to 62, and in that was furely a most advantageous bar view of the market the terms would gain; but in the courfe of the day ftand thus:110l. of 3 per cents. confols at 62 would be 471. ditto reduced, at 627. 155. Difcount, Making £.68 4.2 29 9 10 2 16 7 £.100 10 5 So |
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