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the actual amount of debt existing before the war to 180,344,7921. and the annuities to 1,247,843/.

2. That the total amount of stock created since the 1st Feb. 1793 (including the amount created by sums borrowed in the present session of parliament, and after deducting 20,493,0037. purchased by the commissioners for redeeming the national debt) on the 1st Feb. 1802, is 338,138,360l.; of which sum the interest on 7,502,6331. is payable by the emperor of Germany; and the interest on 22,548,000l. is payable by Ireland: And that annuities have been granted since the 1st Feb. 1793 to the amount of 550,460l. of which 9,791. is payable by Ireland, and 230,000l. by the emperor of Germany.

3. That the total amount of the public funded debt (including the amount created by the sums borrowed in the present session, and after deducting 60,375,3117. purchased by the commissioners, and 18,801,148/. transferred to them on account of land tax redeemed) was on the 1st Feb. 1802, 518,483,152l.; of which sum 29,064,2267. is on account of Ireland and the emperor of Germany; leaving a funded debt charged on Great Britain of 489,418,926l.: And that the amount of annuities charged on Great Britain (after deducting what have fallen

in) was, on the 1st Feb. 1802, in short annuities, and for lives, 543,300l.; and in long annuities, 1,015,410/.

4. That, under the heads of treasury, army, ordnance, barracks, and advances from Civil list (after deducting the surplus of ways and means of 1801) outstanding demands, as far as the same can be made up, remained to be provided for, on the 5th Jan. 1802, to the amount of 3,264,2357.: That the unfunded debt in exchequer bills, unprovided for, or provided for out of funds which have proved insufficient, was, on the 5th Jan. 1802, 13,744,443: That the debt of the navy remaining to be provided for, was, on the 5th Jan. 1802, 9,073,070/.; and, that the total amount of demands outstanding, navy debt and exchequer bills unprovided for, or provided for out of insufficient funds, was, on the 5th Jan. 1802, 26,081,748; of which sum 11,771,8367. has since been made good out of the supplies of the present session, leaving an unfunded debt of 14,309,9127. to which 5,000,000l. of exchequer bills, voted in the present session, being added, makes a total of unfunded debt hereafter to be provided for, of 19,309,9127.

5. That the total debt may be stated as follows; viz.

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Of this sum, Ireland and the Emperor of Germany are chargeable with
the Interest on

19,309,912

563,178,314

29,064,226

Leaving a Total Debt charged on Great Britain exclusive of
549,000l. Short Annuities, and any farther sums necessary for 534,114,088
winding up the expenses of the War of

6. That the sum applicable to the reduction of the total funded debt was, on the 1st Feb. 1793, 1,427,143/., and, on the 1st Feb. 1802, 5,809,330l. to which must be added 26,390., being 1 per cent on part of the loan of the present year; making a total of 5,835,7201. of which sum 5,587,3991. is applicable to the reduction of the debt charged on Great Britain, and, being appropriated by act of parliament to accumulate at compound interest, will redeem a sum equal to the amount of debt created since the 1st Jan. 1800, in about 16 years, supposing all stocks to be purchased at par, and in about 12 years, supposing the 3 per cents to be purchased at 75. 7. That the annual charge incurred by the permanent debt, on the 5th Jan. 1793, was 10,325,866., including 1,000,000l., applicable to the reduction of the debt:-That the annual charge incurred by the permanent debt created since the 5th Jan. 1793 (exclusive of interest payable by Ireland, and including the charge incurred by the loan of the present session, but exclusive of 48,000l. interest on deferred stock) is 13,557,600., of which sum 2,462,1007. is the 1 per cent sinking fund on

.....

the capital of the said debt, applicable to the reduction thereof; and that a farther charge of 497,7351. per annum is guaranteed by parliament in default of payment of the interest of certain loans by his majesty the emperor of Germany,

8. That the nett produce of the permanent taxes, existing previous to the war, was, on the 5th Jan. 1793, 14,284,000; and on the 5th Jan. 1802, 13,221,682/.: That the nett produce of the permanent taxes imposed since the 5th Jan. 1793 was, on the 5th Jan. 1802, 9,187,288/.: And, that the total amount of the permanent taxes was, on the 5th Jan. 1802, 22,408,970l.

9. That the total official value of all imports into Great Britain, in the year ending the 5th Jan. 1799, was 19,659,358: and, on an average of six years, ending the 5th Jan. 1793, was 18,685,390l.: -That the total official value of all imports, in the year ending the 5th Jan. 1802 (supposing the imports from the East Indies, of which no account has been made up, to be the same as in the preceding year) was 32,317,0321.; and, on an average of six years, ending the 5th Jan. 1802, was

from Great Britain, in the year ending the 5th Jan. 1795, was 6,568,3461.; and, on anaverage of six years, euding the 5th Jan. 1793, was 5,469,014/.:-That the total official value of foreign merchandize, exported in the year ending the 5th Jan. 1802, was 16,523,4801.; and, on an average of six years, ending the 5th Jan. 1802, was 14,104,700l.

26,964,0361.:—That the total official value of British produce and manufactures, exported in the year ending the 5th Jan. 1793, was 18,336,851; and, on an average of six years, ending the 5th Jan. 1793, was 14,771,049l. :— That the total official value of British produce and manufactures, exported in the year ending the 5th Jan. 1802, was 25,719,979.; and, on an average of six years, ending the 5th Jan. 1802, was 21,681,050/.:-That the total official value of foreign merchandize, exported

10. That the total sum to be raised in Great Britain, in the year 1802, may be estimated as follows; viz.

...

Interest of the Public Funded Debt, Charges of Management, and sinking Fund,
on the 5th Jan. 1802, after deducting interest payable by Ireland
Interest, &c. to be incurred, and paid, between the 5th Jan. 1802 and the 5th Jan.
1803, on stock created by loans of the present Session, to the amount of
30,351,375/...
Interest on Exchequer Bills, estimated to be the same as paid in the year ending
5th Jan. 1802

....

.....

22,444,564

665,422

1,121,890

1,376,888

Proportion to be defrayed by Great Britain, according to the Articles of Union, of the Civil List, and other Charges on the Consolidated Funds of Great Britain and Ireland, amounting together to 1,560,4727. ·

Civil Government of Scotland, Pensions on Revenue, Militia and Deserters' War-
rants, Bounties for promoting Fisheries, &c. &c. estimated at
Charges of Management of Revenue, estimated to be the same as in the year
ended 5th Jan. 1802

1,000,000

1,871,861

Supplies voted for 1802, on Account of Great Britain exclusively.... £.8,409,473
Proportion to be defrayed by Great Britain, according to the Articles
of Union, of the Supplies voted for Great Britain and Ireland
(amounting in the whole to 31,259,2091.)

.....

.....

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Total Amount of Supplies for 1802, to be defrayed by Great Britain ...

Interest payable for Loans to Emperor of Germany

Making in the whole the sum of........... • £.66,648,896 11. That the Interest of the Public Funded Debt, Charges of Management, and Sinking Fund, after deducting Interest payable by Ireland, is That the Interest on Exchequer Bills, exclusive of three millions not at present bearing Interest, cannot be estimated at less than

23,520,003

27,261,063

35,670,536

2,000,000

497,735

450,000

That the Interest on Navy Debt cannot be estimated at less than

150,000

That of the present Charges on the Consolidated Funds of Great Britain and Ire-
land, the Proportion to be defrayed by Great Britain, is
That of the Miscellaneous Charges of Great Britain and Ireland, the Proportion
to be defrayed by Great Britain cannot be estimated at less than
That the Charges of the Militia of Great Britain cannot be estimated at less than
That of the Charges of Chelsea and Kilmainham Hospitals, and Widows' Pensions
in Great Britain and Ireland, the proportion to be defrayed by Great Britain
cannot be estimated at less than ...

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That of the Half Pay of the Army of Great Britain and Ireland, the proportion to be defrayed by Great Britain cannot be estimated at less than

400,000

26,776,899

That of the Charge of the Navy (supposing the number of seamen employed to be reduced from 70,000, their present amount, to 30,000, for the year 1805) the proportion to be defrayed by Great Britain cannot be estimated at less than 3,514,613

£.30,291,512

12. That, supposing the produce of the old permanent taxes to be the same as in the year ending the 5th Jan. 1800, being, their highest amount, and the new permanent taxes to produce the sum for which they were laid, the income applicable to the peace establishment of Great Britain may be estimated as follows; viz.

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Estimated profit on Lottery

360,000

33,053,246

Which sum, being so raised, after deducting certain estimated charges to the amount of......

....

£30,291,512

would leave towards the charge of the Army Ordnance, and contingencies, a surplus of.......

2,761,734

13. That the actual charge of the Army and Ordnance for Great Britain and Ireland, for six months, ending the 5th Jan. 1803 (exclusive of Army Extraordinaries, Militia, Halfpay, Chelsea, &c.) to be defrayed by Great Britain, is 2,414,876/, being after the rate of 4,829,7501. per annum.

That, supposing a reduction to take place to the amount of 20,000 men,
with a proportionate reduction in the Barracks and Ordnance depart-
ments, the total charge to be defrayed by Great Britain for the army
and Ordnance (exclusive of Army Extraordinaries, Militia, Half-pay,
Chelsea, &c.) may be estimated for the year 1803, at
And that upon such an establishment, the charge of Army extraordina-
ries to be defrayed by Great Britain cannot be estimated at less than..

L

3,812,960

600,000

Making (exclusive of contingent charges, and of 497,000l. Interest due by the Emperor of Germany, and guaranteed by parliament) a sum of 4,412,960 Which, after applying the estimated surplus of taxes

would leave a deficiency to be provided for, of

The first Resolution being read, the debate thereupon was adjourned to the

25th.

June 25. The adjourned debate on Mr. Tierney's Finance Resolutions being resumed, Mr. Tierney entered into a defence of them, and, after a short conversation, the previous question was moved upon them by the chancellor of the exchequer, and carried.

Mr. Chancellor Addington's Finance Resolutions.] The following Resolutions were then moved by Mr. Chancellor Addington, and agreed to:

FINANCE RESOLUTIONS.

1. That the amount of the public funded debt was, on the 5th Jan. 1786, 238,231,248/. exclusive of long and short annuities, and annuities for lives to the amount of 1,373,550l.; that, on the 1st Feb. 1703, stock to the amount of 10,242,100l. had been purchased by the commissioners for redeeming the national debt, and annuities to the amount of 79,880, had fallen in, and had been carried to their account; reducing the actual amount of the debt on the 5th Jan. 1793 to 227,989,148/. and the annuities to 1,293,670l.: and that, on the 1st Feb. 1802, stock to the amount of 39,885,3087. had been purchased by the commissioners for redeeming the national debt, and annuities to the amount of 125,7071. had fallen in, and been carried to their account, and stock to the amount of 18,001,148l. had been transferred to them on account of land tax redeemed; reducing the actual amount of debt existing before the war on the

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2,761,734

1,651,226:

1st Feb. 1802, to 180,344,7927. and the annuities to 1,247,8437.

2. That the capital of the public funded debt created since the 1st Feb. 1793, as the same stood on the 1st Feb. 1802, together with the capital to be created by sums borrowed in the present session of parliament, and exclusive of 7,502,6331. 3 per cent stock, created by advances to the Emperor of Germany, is 351,125,730. That the amount of long annuities, created during the same period is 320,4617. per annum, exclusive of 230,000l. annuity created by advances to the Emperor of Germany, which will expire in the year 1820. That of these sums, 22,348,000l. capital, and 9,7917. long annuities, are on account of Ireland, leaving a permanent debt, of 328,777,7301. charged on Great Britain. And that on the 1st Feb. 1802, 19,703,5967. had been purchased by the commissioners for redeeming the national debt: reducing the said permanent debt, created since 5th Jan. 1793, to 309,074, 134/. exclusive of long annuities to the amount of 310,670l. per annum.

3. That the total amount of the permanent funded debt charged on Great Britain, after deducting the sum of 59,588,9041. redeemed by and the annuities fallen in to the commissioners, and 18,001,148/. transferred to them on account of land-tax redeemed, was, on the 1st Feb. 1802, 439,418,926l. together with short annuities to the amount of 543,1037. and long annuities to the amount of 1,015,410l.

4. That the sum annually applicable to the reduction of the national debt of Great Britain, in pursuance of the act passed in 1786, was 1,000,000l. being about 1-238th part of the capital of the permanent debt then existing; and for 1793, was 1,427,1431. being about 1-160th part of the permanent debt existing in 1793, and may, for the year 1802, be

estimated at 5,800,000!. being about 1-84th part of the permanent debt existing in 1802; which sum of 5,800,000l, is appropriated by act of parliament to accumulate at compound interest, until the whole of the existing debt is discharged; which, supposing all the stocks to be purchased at par, and no further sums to be transferred for redemption of land tax cannot be later than the close of the year 1813.

5. That the annual charge incurred on account of the permanent debt on the 5th Jan. 1786, was 9,297,000l. before any fund was created applicable to the reduction of the debt, and, on the 5th of Jan. 1793, was 10,325,000l. including 1,000,000/. applicable thereto; in which sum of 10,325,000l. was included, on the 5th Jan. 1793, the interest of 10,242,100l. capital stock redeemed, and the amount of annuities fallen in or unclaimed which had been transferred to the commissioners, making together the sum of 387,143/.; and that the said sum of 10,325,000l. was reduced on the 5th Jan. 1802, by reason of stock transferred for redemption of land tax, and by diminution in the charges of management, on account of sums redeemed by the commissioners, to 9,771,169.; in which sum is included the interest on 39,885,3081. capital stock redeemed, and the amount of annuities fallen in or unclaimed, and transferred to the commissioners, making together the sum of 1,334,1867.

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pation of certain duties annually voted, was 4,514,351: that the surplus of ways and means for the year 1801 was 114,000l.; and 99,8861. remained unpaid and applicable to the public service on the grant to the queen of Portugal; reducing the amount of demands unprovided for to 4,300,4651.; of which 4,018,4201. has been provided for in the present session.

9. That the unfunded debt, exclusive of the anticipation in the usual form of certain duties annually voted, amounted, on the 5th Jan. 1793, to 8,925,4227. and on the 5th Jan. 1802, to 21,179,170l.; exclusive of the anticipation of the loan of 1802, and of 3,000,000l. advanced by the Bank without interest for the renewal of their charter, to be repaid in 1806; of which sum of 21,179,170l. 10,113,1937. has been paid off or provided for in the course of the present session.

10. That the nett produce of the permanent taxes existing on the 5th Jan. 1784, then amounted to 10,194,259.; and that taxes were afterwards imposed to defray the expenses of the war ending in 1783, amounting in 1786 to 928,000l.: making together 11,132,000l.

11. That the nett produce of the permanent taxes existing previous to the year 1784, adding thereto about 938,000l. imposed as above stated in 1784 and 1785, and 137,000l. arising from the consolidation act, and from duties imposed in 1789, was, in the year ending 6. That the annual charge incurred on ac- the 5th Jan. 1793, 14,284,000l.; on the 5th count of the permanent debt of Great Britain, Jan. 1794, 13,941,000l.; on the 5th Jan. 1795 created since the 5th Jan. 1793, including 13,858,000l.; on the 5th Jan. 1796, 924,1991. permanent interest and charge 18,557,000/,; on the 5th January 1797, on loan of the present session, of which 14,292,000/.; on the 5th January 1798, 48,761. 17s. will not become payable till after 18,332,000l.; on the 5th January 1799, the 5th Jan. 1806, amounts to 13,597,594/. 14,275,000; on the 5th January 1800, per annum; of which 10,544,$831. is for in- 15,743,109.; on the 5th January 1801, terest, annuity and charges of management of 14,194,589/.; and on the 5th January 1802, such part of the said debt as was unre- (including 1,275,544/. the amount of bounties deemed on the 1st Feb. 1802; and 3,053,2117. paid on corn and rice imported, 14,497,226l.; arises from 1 per cent sinking fund on the ca- which last sum, after deducting the duties pital of part of the said debt and interest arising from the consolidation act, and those of stock redeemed, and is applicable to the re-imposed in 1789, exceeds the nett produce of duction thereof; and that a further charge of 497,7351. per annum is guaranteed by parliament, in default of payment of the interest of certain loans by his majesty the emperor of Germany.

7. That the annual charge on account of the permanent debt of Great Britain, on the 1st Feb. 1802 (including 924,199/. for interest | and charges of the loan of the present session and 200,000l. now permanently added to the sinking fund) amounts to 23,568,7631, whereof 5,587,3977. is applicable to the reduction of the national debt. And that a further charge of 497,7351. per annum is guaranteed by parliament, in default of payments of the interest of certain loans by his majesty the emperor of Germany.

the permanent taxes on the 5th Jan. 1784, together with that of the taxes imposed in 1784 and 1785, by 3,228,2261.

12. That the actual nett produce of the taxes imposed since the 5th Jan. 1793, amounted in the year ending the 5th. January 1802, to 9,187,2887.: and that the total nett produce of the permanent taxes in the year ended the 5th Jan. 1802, amounted to 23,684,5147. (including 1,275,544/. paid for bounties on corn and rice imported).

13. That the total gross receipt within the year (deducting repayments, discounts, and drawbacks, and also deducting all loans and monies paid to government) was, in the year 1797, 23,076,1791.; in the year 1798, 30,176,3037.; in the year 1799, 34,750,9761.; 8. That the amount of the outstanding de- in the year 1800, 33,535,016/.; and in the mands unprovided for on the 5th Jan. 1802, year 1801, 35,368,8761. being an increase comexclusive of unfunded debt, and of the anticipared with 1797, of 12,292,1971.; compared

with 1798, of, 5,192,073.; compared with 1799, of 617,400l.; and compared with 1800, of 1,833,360l.

with the average to 5th January 1793, of 6,860,000l.:—and that the real value of British manufactures exported in the year 1801, may be estimated at 41,770,000l.

16. That the official value of foreign mer

14. That the official value of all imports into Great Britain, in the year ending the 5th Jan. 1784, was 13,122,235.; and on an ave-chandise exported from Great Britain in the rage of six years ending 5th Jan. 1784, was 11,690,829%. :--that the official value of all imports into Great Britain in the year ending the 5th Jan. 1793 was 19,659,3581.; and on an average of six years, ending the 5th Jan. 1793, was 18,685,390/:-that the official value of all imports into Great Britain, in the year ending the 5th Jan. 1802 (supposing the imports from the East Indies of which no account has yet been made up, to be the same as in the preceding year) was 32,317,032l.; making an increase as compared with 1783, of 19,194,7977 and with 1792, of 12,657,674l.; and on an average of six years ending 5th Jan. 1802, was 26,964,0387.; making an increase, as compared with the average of the 5th Jan. 1784, of 15,273,209l.; and with the average to the 5th Jan. 1793, of 8,278,6487.: -and that the real value of imports in the year ending the 5th Jan. 1802, supposing the imports from the East Indies to be the same as in the preceding year, may be estimated at about 58,800,000l.

15. That the official value of British manu factures, exported from Great Britain in the year ending the 5th January 1784, was 10,409,7137.; and on an average of six years, ending 5th Jan. 1784, was 8,616,6601.:-that the official value of British manufactures exported from Great Britain in the year ending 5th Jan. 1793, was 18,336,851l.; and on an average of six years, ending the 5th Jan. 1793, was 14,771,049:-that the official value of British manufactures exported from Great Britain in the year ending 5th Jan. 1802, was 25,719,979/. making an increase, as compared with 1783, of 15,310,2667. and with 1792, of 7,383,128/.; and on an average of six years, ending the 5th Jan. 1802, was 21,631,050. making an increase, as compared with the average to 5th Jan. 1784, of 13,014,S90/.; and

year ending the 5th Jan. 1784, was 4,332,909!. and on an average of six years ending the 5th Jan. 1784, was 4,263,930l. :-that the official value of foreign merchandise exported from Great Britain in the year ending the 5th Jan. 1793, was 6,568,3481.; and on an average of six years ending the 5th Jan. 1793, was 5,468,014/. :-that the official value of foreign merchandise exported from Great Britain in the year ending the 5th January 1802, was 16,523,480l. making an increase as compared with 1783, of 12,190,5717. and with 1792, of 9,955,1321.; and on an average of six years, ending 5th Jan. 1802, was 14,104,700/. making an increase as compared with the average to Jan. 5th 1784, of 9,840,770l. and with the average to Jan. 5th 1793, of 8,636,6861. :—and that the real value of foreign merchandise exported in the year ending the 5th January 1802; may be estimated at about 15,750,000l.

17. That the number of registered vessels belonging to the British dominions, and employed in trade in the year 1789, being the first year in which the register act had taken full effect, was 14,310; their tonnage 1,395,172, and the number of seamen navigating the same 108,962. In the year 1792, the number of vessels was 16,070; their tonnage 1,540,145; and the number of seamen navigating the same 118,286; and in the year 1801, the number of vessels was 19,772; their tonnage 2,037,317, and the number of men 143,987;-being an increase of 5,462 ships, of 642,145 tons, and of 35,025 men, compared with 1789; and of 3,693 ships, of 497,172 tons, and of 25,701 men, compared with 1792.

18. That the total sum to be raised in Great Britain in the year 1802, may be esti mated as follows:-viz.

.......

Interest of Public Funded Debt, Charges of Management, and Sinking Fund, on
the 5th of January 1802, after deducting interest payable by Ireland
Interest, &c. to be incurred and paid between 5th January 1802 and 5th January
1803, on stock created by loans in the present session

22,141,561

665,422

Interest on Exchequer Bills

750,000

Proportion to be defrayed by Great Britain, according to the Articles of Union, of

the Civil List, and other Charges on the Consolidated Funds of Great Britain and Ireland, amounting together to 1,537,739.

1,356,828

Civil Government of Scotland estimated as before.

Pensions on Hereditary Revenue, ditto

Militia and Deserters Warrants, ditto...

1,000,000

Bounties for promoting Fisheries, Linen Manufactures, &c. including Excess of
Corn Bounties beyond 1,643,000l. re-paid by Parliament

Charges of Management of the Revenue the same as last year

2,024,697

Making the total Permanent Charges to be defrayed out of the Gross Receipt of
Permanent Revenue..

28,241,511

Proportion to be defrayed by Great Britain, according to the Articles of Union, of the supplies voted for 1802 for Great Britain and Ireland, amounting in

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