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The rule refpecting the criterion of eftimating the income of farms was the principal topic to which the attention of the Committee was directed, and it was agreed that the income should not be taken at less than one-half, or at more than two-thirds, where the rent was under 300l. nor at less than three-fifths, or at more than three-fourths, where it exceeded 300l.
When the 13th claufe came to be confidered, Mr. Chancellor Pitt, after a few words from Mr. Wigley, propofed, in confequence of the latenefs of the hour, that the Committee fhould defer the difcuffion, and report progrefs. The House being refumed, progrefs was accordingly reported, and it was ordered that the Committee fhould resume the farther confideration next day.
Mr. HUSKISSON brought up the bill for exempting certain volunteers from ferving in the militia. Read a first, and ordered to be read a second time next day.
After fome short obfervations from Mr. Chancellor Pitt, Mr. Wigley, and the Speaker, refpecting the printing of the report on the bill for a general tax upon income, and the confideration of it on Wednesday next, the House adjourned,
AN ACCOMPT of all ADDITIONS which have been made to the Annual Charge of the PUBLIC DEBT, by the Interest or Annuities of any LOAN that hath been made, or ANNUITIES created, subsequent to the paffing of an Act 27 Geo. III. Cap. 13; as required by the 72d Section of the faid Act: and alfo, of the Produce of the feveral DUTIES, granted for defraying the Charge incurred in refpect of the fame; in the Year ended the 10th Day of October 1798.
An ACCOMPT of all ADDITIONS which have been made to the Annual Charge of the PUBLIC DEBT, by the Interest or Annuities for or on Account of any LOAN which hath been made, or any ANNUITIES which have been created, fubfequent to the paffing of an Act of the 27th Year of the Reign of his prefent Majefty, intituled, "An Act for repealing the feveral "Duties of Cuftoms and Excife, and granting other Duties in "lieu thereof, and for applying the faid Duties, together with "other Duties compofing the Public Revenue; for permitting "the Importation of certain Goods, Wares, and Merchandize, "the Produce or Manufacture of the European Dominions of "the French King, into this Kingdom; and for applying cer"tain unclaimed Monies remaining in the Exchequer for the "Payment of Annuities on Lives, to the Reduction of the "National Debt."
By virtue of an act 29 Geo. III. the fum of 187,000l. was raifed by annuities, after the rate of 71. 9s. 9d. per cent. per annum, for the term of 18 years, from the 5th of April 1789, and then to ceafe; which annuities were directed by the faid act to be added to, and made one joint ftock with, certain annuities granted by two acts of the 18th and 19th years of the reign of his prefent Majefty, payable half-yearly at the Bank of England, and charged upon the confolidated fund; the amount whereof, with the charges of management for the fame, for the year ended the 10th of October 1798,
By virtue of one other act of the fame feffion, the fum of 1,002,500l. was directed to be raised by annuities on lives, with the benefit of furvivorship, diftributed into claffes, and to be paid at the Exchequer, and charged upon the cofolidated fund (but by certain perfons neg
lecting to complete their whole payments a deficiency was occafioned, whereby the fum on which the annuities were granted amounted to the fum of 1,002,0991.) part of which faid annuities, by an act of the 30th year of his faid Majefty's reign, were converted into annuities for a certain term of 691 years, from the 10th of October 1790, and were directed by the faid act to be added to, and made one joint ftock with, certain annuities granted by two acts of Parliament of the firft and fecond years of the reign of his prefent Majefty, and several subsequent acts, payable at the Bank of England, viz.
The charge for the annuities on lives,
Whereof has been referved at the Ex-
12,205 0 10
£. 8. d.
42,861 1 O
59,259 15 7
Surplus of this fund for the year ended the 10th of
An ACCOMPT of the Produce of the Duties impofed for the Purpose of defraying the increased Charge occafioned by the ANNUITIES granted in purfuance of the following Acts, viz. An Act of the 29th Year of the Reign of his prefent Majefty, intituled, "An Act for raising a certain Sum of Money by "Way of Annuities ;" and of one other Act of the fame Seffion of Parliament, intituled, "An Act for raifing a certain "Sum of Money by Way of Annuities, attended with the Be"nefit of Survivorship, in Claffes," Part of which Annuities were, by an Act 30 Geo. III. Cap. 45, converted into Annuities for an abfolute Term of Years, viz.
The produce of the additional duties on horfes, granted
Ditto of the duties on legacies or fhares of perfonal
Ditto of the duties on probates of wills, ditto
By Virtue of an A&t 33 Geo. III. the Sum of 4,500,000l. was borrowed for the Service of the Year 1793; the Contributors whereof were entitled, for every 721. contributed and paid, to 100l. Capital Stock, after the Rate of 31. per Centum per Annum, amounting to 6,250,000l., and to be added to, and made One Joint Stock with, the 31. per Centum Annuities, confolidated by Acts 25, 28, 29, 32, and 33 Geo. II., and several subsequent Acts, and to commence from the 5th of January 1793.
The charge in refpect of the fame, for one year's annuity £ s. d. and management, amounts to 190,312/10 In pursuance of an act 32 Geo. III. cap. 55. directing the one-hundredth part of any loan or capital ftock created after the paffing the faid act, there is fet apart at the Exchequer, in refpect of the faid capital of 6,250,000l., and iffued quarterly to the Bank of England, to be by them placed to the account of the Commiffioners for reducing the National Debt, the annual fum of
An ACCOMPT of the Produce of the DUTIES directed by an Act 33 Geo. III. to be applied in Aid of the Confolidated Fund, in refpect to the Charge thereupon by the Annuity and Management on 6,250,000l., payable out of the faid Fund,
The produce of the additional duties on British fpirits continued by the above-mentioned act, in the year ended the 10th of October 1798
Ditto of the additional duties on foreign fpirits, continued by ditto, for the fame time