Star. — London, England, 1802-06-15 00:00:00

I By the report of the Finance Committee it ap• reared that In t 786 the remainder was lefs than .ouo,,x)ol. and in 17yr that it was only 6,g00 5 0001. A great etwreale of charge would now be felt, in dependently of an encreafed eltablilhment from the encreafed expence of keeping up an equal one. But there would he three millions applicable to, this encreale. He trusted, that our revenue would improve, but allowing it to remain ftationary, Rill we h4tl nothing to fear. It s.as indeed gratifying that at the end of a war in which fo much treafure had been (pent. we (hould be able to raife a large loan on (Itch favourable terms; we fhould clear col charges incurred in former years ; that we ihottld fill have a conliderable furplus, and that we should fee nothing around us but profperity and happinefs. The Right Hon. Gentleman concluded by mov ing, that towards railing the fupply granted to his Majefty, the fum of 5,000,0001. be raifed by loan on Exchequer Bills to be charged on the brit aids granted next ISeffion of Parliament. IRISH BUDGET. Mr. CORRY next rofe to bring forward the Ways and Means necer ...try to covcr the fervices for Ire- i land for the remainder of the year. It was not ! his intention to Ito into any minute detail on a fubjed which in itfelf was fo dry and uninviting; but he should hold himfelf prepared and ready to I give every information to filch Gentlemen as might tall for it, on every article which, from its rot-; nutenefs, or from other reafons, he might. forbear v.) touch upon. But previous to his recapitulating , the different heads of charges, he mull beg leave to remind the Committee that there remained fe'eral Cervices of the laft year. for which no provifion had yet been made. Thefe princi. pally confided of inftalments of the compenfation ' not yet made good. Purfuant to the Cotnpenfa tion Ad, Treafury Bills had been ilrued for the payment of there inftalments, and there remained of them unpaid to the amount of 406,0001. Thel Right Honourable Gentleman now proceeded to i Rate the feparate and joint charges for Ireland.—, The feparate charges under the heads of treafury Mils, for compenfation payments, inland naviga tion, &c. he made to amount to fomewbat more than 3,300,0001. The joint charges under the heads of grants, civil lift, military efiablifbment, &c. to 4,1 04,0001. As to the military eftablifli ment, the Right Honourable Gentleman wilted it to be recolleded, that as far as it regarded the feparate charge, and the feparate fervice of Ireland, it would' loon be confiderably diminifh ed, but the increafe now arofe from the joint part which Ireland had to pay as her contribu tion towards the fervice of the Plantations, Colo. niec,'&c. which could not be fo quickly diminifhed. This fervice alone made an addition to the joint expence of 360,0001. The total, therefore, of the two Cervices, feparate and joint, amounted to about 7,428,0001. The next objet to which he had to dired the attention of the Committee were the Ways and Means already provided. Thefe, under the heads of Loans, Lottery, Revenues, amounted to above 7.592,0001. which left a fur plus of about 164,0001. The Committee would recoiled that, in order to follow the Accounts re ceived from Ireland, he Rated thefe furns in Irifh currency, which he fliould take the liberty of doing throughout the whole of the fums he timid have to Rate. In dating thek items of the Ways and Mean s, the Right Honourable Gentleman obferved, that the Committee might be furprifed at his *raving taken the Revenues at fo high a rate as three millions, while they produced lift year not more than two millions four hundred thoufand Founds. This furprife.however, would vanifh when Lie Committee took into confederation how much the revenue muff be 1 ffeded in a country that was agitated fo long by the horrors of a rebellion, which were followed by a fcarcity, and that this fcarcity occafioned the fufpenfion of the Diftille ries, and gave rife to many other canfes which ne cell:it-By produced a great Ilia nation in the revenue. Here the Right Hon. Gentleman took a Purvey of the five principal articles which conititute the re venue of Ireland, viz. Foreign fpirits, home-made fpirits, fugar, wine, and malt, and adduced a va riety of reafons and calculations to (hew how much the revenue mud have been affeded by the above canfes, with refped to each of thefe articles. But the face of the country began now materially to alter in every refped; and from the accounts that had been made up to the xrd of May, of this year, the lateft that he was in poireffien of, the moll favourable change appeared in the date of the revenue, fo much fo, indeed, that, for the prefent year, he calculated the net gain in the re. venue at above floo,oool. In this calculation he might, perhaps, be thought too fanguine; but his eitimate was corroborated and confirmed by the moll experienced Officen belonging to the revenue in Ireland, who all concurred in opinion with him refpeding the probable cncreafe to which be i looked, and which emboldened him to date the :.mount of it at no lefs than three millions. This encreafe he expefled upon five ankles only; others lee did not think it neceffary to enumerate; and his expedations, fanguine as they might appear, were in his mind confiderably fireng, chested by the immenfe pains that had lately been taken in the col. ltdion of the revenue. Indeed, upon the whole, be 'naed that experience would confirm his calcula tion. For the five months, of which accounts were ct•livered in, the encreafe beyond the loft year was 531 aiool. and if the expeded arrivals frosn the Weft Was, and many other taufes that mud contribute 'oiled! the revenue for the remaining (even months, rote taken into account, he Curtly was not too ex travagant when he eepi tired a hope to fee the reve. ant of this year furpats that of the lad by flocnoool. 'When, however, he fo readily indulged this plea- , ing hope, it no doubt would be well underitood that he forefaw no new fitfpenfions of the diftille nr% no new "ideation" of fcarcity, or no recur .tnct of lore diflurbanees and convulfions that ".ad always prove to ruinous to the revenue and -a trade of a country. How much difturban• ‘--. of this nature affedcd the trade of Ireland in •Socs, fad expetience has (hewn. The importation ! Ireland was then immend, the exportation ‘ Ail the reverfe. The exports of Ireland chiefly .'sited of tIolf: three articles ) Lucas Pr°vlll"s' and milt The %ten tticit bt treiabd btu &tint that period confiderably ditninithed ; Ireland in that article Was then tinderfold at Hamburgh ; but now a different profpea arofe, and if the /lax harveft proved productive, It Might fairly be ex petted that the linen trade would - flourith as it did in t 795. The provifion trade of Ireland was alto much injured d / the melancholy period to which he had b, alluded. For the articles o this trade there !much demand, not only from the Welt-Indies, Alt from different parts of Eu rope, from France, from Spain, and Portugal.— The war demand for there articles had already much diminithed, even before the war was con cluded, nor has the peace demand had as yet time to make itfelf fenfible. The war demand of IA year did not exceed floo,oool. but when the operation of peace would now replace the market on its former footing, he did not entertain a doubt but that the exports of thefe articles would rife . to aso,oool. in addition to thofe of laft year.— Now as to corn, the export of this article in former years amounted to 60c,0001. in later years to only 360,0001. ; laft year, inftead of exporting, Ireland was obliged to import corn to the amount of 260,0001. but with the return of many other fa-' vourible pp nities; it may reafonably be ex pelled thit MI will he rettored to her former ituation in this refpea ; the may again look to the means of confiderable exportation of corn, but of there for many reafons the cannot immediately avail herfelf. Upon the three articles abovementioned, he however looked for a very large increafe in the export, and he nutted that the period was not re mote when Ireland, repairing the injuries the had fultained from her late convulfions, and now enjoy ing the fruits of Union, and the bleffings of peace and tranquility, would not only fecure the happi nefs and profperity of her own people, but lend effeaual aid and of iftance to the reft of the Em pire. But perhaps he trefpaffed too long on the patience of the Committee, in dwelling upon a fubje& fo dry and uninterefling : he s h ould, there fore, proceed as briefly as he could, to Rate the Ways and Means that were to be provided to pay the remaining interefis of the loan of the year.— Some further taxes mutt neceffarily be impofed to meet this remaining demand, though he fondly expelled that the revenue would prove fully equal to it. Satisfied that this expeaation was not vainly entertained, it was not his intention to pro pole taxes to the full amount of what was wanted; and what he had to propofe would be confined to two diftina taxes—one on exports of a nature fimi lar to that propofed for Great Britain h and another on imports upon nearly the fame plan. The only difference would contift in the exception of a few articles. There exceptions would be regulated upon the Compatt of Union, and on the fpirit that guided the framing of that Compaa. Indeed be would take the liberty of obferving here, that the Compaa of Union was not as complete in matters of finance as might be expelled, or rather as might be wafted for. The Exchequer and Taxes of Ire land were as yet necelarily diftina, while the charges were made joint by a proportionate contri bution; and the abilities of the two countries were as different as their ,chequer and Taxes were dittina. But in applying taxes to either country, the peculiar intereasof the one thoula not be Wok ed to; that would lie R narrow and confined policy. A more liberal arld enlightened wifdom would fuggeft, that the mutual and general interefts of both should be conftilted : in this light he nutted that what he had to propofe would - be viewed.— It was far, befides, from being a burthenfometax, or one that was likely to affea the more indigent dales of the nation it would rather fall almott entirely on the richer clates—on thole who could not feel its preffure. It would likewife prove more acceptable to Ireland, as in relating the obj ects of taxation, the fame were fi xed upon for both coun tries, and now what should there taxes be fuppofed to produce? The total value of foreign goods im ported into Irelan I amounted to about 4,450,0001. and the value of goods exported, to 3,304,0001. Several articles he wilted to exempt, fuch as allies, (melts, hemp, 'tow, and falt, imported; and alto corn exported, which would not indeed produce much if taxed. A tax of one half per cent. would produce fomewhat more than 99,0001. which was more than fufficient for the purpofe he had in view. He omitted alto to propofe any tax upon tonnage. The Ira tonnage was very inconfider able indeed, and a tar on it would not produce 70001. betides, it would dial a defcription of per lons not many in number, and not affluent in cir cumitances. He was fore it was equally the with of the Committee, as it was his, to propofe fuch taxes as did not fall heavily upon the more indi gent clalfes of the community ; what he had now to propofe, he trufted, 'was of that nature, and it was his opinion that every effort thould be made to keep off heavier burthens from the country, un til the ;author: of peace, and the revival of in diary, had obliterated the ravages and the mi (cries which Ireland had &tiered for thefe three or four years, and until returning wealth and prof perky enabled her to contribute more largely and effectually—the Right Hon. Gentleman then con cluded by moving, that feveral new duties be im pofed towards ratting the fum of mom& The quetlion being put from the Chair, Mr. FOST E R rofe,and animadverted on the lead ing topics of the Right Hon. Gentleman's Ipeech. —He profeffed himielf altogether at a lots to con ceive what were the data on which the additional produce of the taxes of Ireland was expected for the next year. The diftillery, which had been' mentioned as the grand fource of this additional revenue had never, he contended, produced arum equal to that which was now eftimated to be its amount. How far, fuppoting that to large a fur as had been mentioned could be raifed from it, it would be confiftent with public morals, he would not then dikes, but (peaking alit merely as a fi n a nc i er, he did not fee that it would be nearly as produaive as had been Rated. Indeed he was wholly unable to fee what circumftances could warrant the idea, that the taxes generally would be more pro:waive. Ireland was not at prefent a country riling in imports or exports, in agricul ture, or commercial fpeculation. Her fituation relented nothing which, in a financial point of view,enenerageti any tingtine expeCtations. Frotrt the experience of the tern lel years there was much more ground for defpondenty than room for hope. In many taxes there had been a 'very large defi ciency, and the proportion of the furplus cf the revenue above the expenditure had fuffered an alarming diminution: The collation of the reve nue was relied on as A Means of rendering the taxes more pi °dative, but an examination of the actual expence of this colleßion was far froth juftifying any fuch expatatiori: This expence, in every de partment of the revenneahad been much encreafed, and in Come inftances the encreafe was to a degree which could not fail to excite aftonifhMent. In &titration of thefe pofitions, the Right Honourable Member produced a number of calculations of the amount of the revenue in the two laft years, and pointed nut the articles in which a large de." falcation had taken place. In all this there was nothing to encourage the flattering profpeaswhich had been held forth to the Committee. Nor while the revenue was declining did there appear any plan of reducing the amount of the expenditure. Penfions which at the beginning of thefe two years had amounted to 34,0001. had been unaccountably augmented to 5 t,oool. being an addition oft 7,0001. to the burdens of a people whofe revenue was gra dually experiencing fume decay. When he loo sed to the Rate of the exports and imports of Ireland, there was Rill lefs room for indulging any hopes of the encreafed produitivenefs of the Irifh reve nues. The exports had fallen one half below their former flandard, and in the imports the balance of trade was very much againft Ireland. Within the period he had already alluded to, the linen trade, that grand ftaple manufature of Ireland, had fuftained a rapid declenfion. The quantity exported was extremely reduced and its vice in the foreign market had been greatly lowered. The unfavourable courfe of the exchange was another very difcouraging circumftance ' contemplating the 'financial fi tuation of Ireland. But there was ano ther caufe which, more than any yet mentioned, forbade him to hope that the anticipated increafe of revenue would atually be experienced. This was the fyftem of not providing the fupplies within the year by contraaing loans in England, and thus draining Ireland of money to cover the intereft. It was a circumftance which could not fail to give rife to anxiety, that fince the year 1797 loans, the intereft of which amounted to t,200,0001. had been contra ted for in Great Britain for the fervice cf Ireland. To fupply demands to fo large an amount, a more than ordinary balance of trade in favour of Ireland would be neceffary, and it was at fuch a time that the balance of trade was peculiarly difadvantageous. might be Paid, that with all thefe difadvantages the fervice of Ireland Rill went on from year to year, and no apparent in conveniency was felt. This was admitted, becaufe the period when thefe difadvantages would operate molt powerfully had not yet arrived. Let the re. mittances from England once be withdrawn, and let Ireland (land unfupported, and then the effeas of this fyftem, which he reprobated, would be ap parent. He begged Gentlemen to confider the difference in the financial fituation of Ireland and this part of the United Kingdom. In the courfe of the prefent year 96 millions of debt had been funded, and taxes amounting to four millions had been impofed. Yet fuch was the admirable eflab lifhment of the finking fund, that though it was originally only a 240tb,-it was now encreafed to an Soul part of the whole debt. How differently was the Rate of the finking fund in Ireland.— Originally it was a feventh, and now it was a ninth of the debt which it was defined to extinguifh.— So fad a reverie augured very little in favour of its ultimate fuccefs. The Right Hon. Member i eferred to the fituation in which Ireland would be placed, when at the end of 18 years the was to pay an equal [hare of taxes, and defcribed the ef leas of fuch an arrangement as peculiarly difad vantageous. England would enter into the new financial affociation with burdens alleviated, and a fair profpat of increafing refources, while the burdens of Ireland would be accumulated, and her financial embarraffments augmented. He concluded with exprefling his conviction that the fyftem of railing the Supplies within the year, was the only one which could put the Ira finances into a train of improvement, and under fuch an impreffion, he &mid certainly fupport the pro poled tax. He fuggefted the propriety, however, of exempting the linen manufaurer from the ope ration of the tax on Exports, fuch an exception was made in favour of the cotton manufaCturers of this country, and he thought no arguments could apply to the one which would not be equally applicable to the other. Mr. WICKHAM replied, and at fome length de fended the plans adopted in Ireland, by his pre. deceffor (Mr. Abbot,) to introduce economy into every branch of the collation of the revenue; Rated that the fame plans were now going for ward, and might be expeCted to produce the hap pieft confequences. He was followed by Mr. CORRY ' who argued that the deficiencies in the taxes alluded to were the effat of temporary caufes ; but that the returns already made fully jullified the hope of an encreafe in the revenue, even beyond what he had anticipated. He vindi cated the conduit he had purfued with regard to making provifion far the intereft of loans by taxes impored within the year.—He maintained that he had ever aged on this fyflem as far as circum (lances would allow, and had gone much beyond what his predeceffors had purfued. He (hewed that to contrat for the Irifh Loan in this country was a matter of neceffity, by adverting to the ex perience of the few tail years. He concluded by Rating_ that, as all the raw mate , ials of the Linen a Mntifsteture were to be erenWted from duty, the tax on the export was compalatively trifling, and was neceffary to prevent very inconvenient ef fats. The converfation was farther carried on at fome length betwixt Mr. Tierney,.Mr. Vanfittart, Mr. Boyd, Lord Caltlereagh, Mr. Archdall, Mr. raf ter, and Mr. Wickham ; when The Refolutions were put and agreed to, the Houfe refumed, and the Report was ordered for tomorrow. Adjourned at Twelve o'clock. Lblvl)bM Jtaik z s. I"KICE MI STOCKS TVIS ',At AT oin Curtain, for July ,7411.--; 4 Per Colt S7l—Neiv 5 per Cent. 103i-- 1 0thuilin i 1 43 dif. PRICE OP STOCKS VLSTERIs 'l. 3 per trim ked. 72 i Imp. 3 19,TC,.:-...: if 7 0 1 i 4 Per Ccnt. 874; I Eerily!. Milt par Ir. dd. S Per Ccrit. 103( 0 m Minn t i dif. I.ong Ann: 20 9 4 4 E,ngli4i Tirietg 171.. i. , Short Ann. el 13-161 Conf. for op; 741 i I i i • MI as this Papet wit going to PieB,we received Paris Journals of the t3th. The following is the only important article they prefent : TELEGRAPHIC DISPATCH. "THE MAaITIMt fREIECT 0? BREST TO THI Mt.; VISTRR OF THIs MARINI COLONIES. • "20 Prairial, year Ic, Jure 9. The brig le Curieuz has arrived from St: Do mingo, after a paffage of thirty days. with an Aid•de-Camp of Genera: LECLERC. He brings very good news. " Cinttsvortit has abandoned the party of TOtYiRAINT, and has joined the French army. Fonr days after TOUSSAINT and Dtssactmss fubmitted to thc Conquerors. The Magazine, Amthunitiori, and Artillery are all in our power. (Sign:d) " earracast.cv." The Blip la Marie has arrived froth Guadeloupe, after a paffage of 64 days. The colony was tran quil, but fymptoms of infurreaion appeared, which gave reafon to apprehend fatal confeq nences. —The Blacks teemed difpofed to refiilance in cafe Admiral Litotosse fhould refume the authority he had lA. A Decree has been palled• by the Coatils for the eftablilhment of a Council charged with the gene. ral and definitive liquidation of every part of the Public Debt. The French Funds are 55 f. 25 c. We have the happinefs to !late, that the Bata. vian Legiflature have adopted the projet of a law lately fribmitted to them, for permitting the im portation of Britifh Merchandize ; by virtue of which, all goods from Engl►nd are in future to be imported into Holland, on paying the fame duties as before the war. _ . _ .•~ ~ i Yelterday the IRISH CHANCELLOR of the Exc 11 olisa opened the Budget for that Country; for the portion of the public expence contributed by Ireland, and railed by Loan, the Intereft to be pro vided is to be derived from a tax on Imports and Exports, fimilar to that tax here, but with fuch re. gulations as the principles of the Aft of Union may require. The Financial Statement of the CHANCELLOR of the Exc it sky E it in the Houfe of Commons laft night is highly gratifying. The laving to the country in cenfequence of the Peace amounts already to little Ilion of . fixteen million: and a half, and as a further reduaion of our military ellabliffiment is in the courfe of a few months to take place, the Caving to the Public will thereby of cour'e be materially increafed. It appears by theMin;fter's (la tement, that the loan lately contrafted for covers the whole of what are termed the winding up ez pences of the war, with the addition only of five millions of Exchequer Bills, which, we under- Rand, are for the purpofe chiefly of covering the feveral aims that have recently been made. The frelli ilfue, therefore, will be of very fmall amount; and for the convenience of Government, and the public advantage, will be taken and held by the Bank until the regular time of payment. Mr. ADDINGTON Rill further affures us, that contrary to the reports which have been circulated upon the fubje&, " the 'produce of the Taxes for the laft quarter has been great beyond all expeetation," and that " when the arrangements now in con templation are completed, the revenue will not fall ihort of that of the year 1792, which has fo often been quoted as the year of our greateft commercial profperity."—" The eltimate of the Committee of 179: Rated thedifpofablefum, after the payment of intereft, at 6,590,0001. beyond which we have now a furplus fum of near 3,000,0001. applicable di our extraordinary expences?" and, " whenever we look around us in this country, (adds the Minifter), we fee nothing but indications of wealth and profpe. rity, while our refources are folid and fubftantial beyond all former example." Refpeaing the unhappy affair which took place at Aberdeen, on the 4th of June, as mentioned in yetterday's STAR, a precognition has been taken, and tranfmitted to the Public Profecutor at Edin. burg.h, where the trial will proceed. The Wasp (loop of war, Captain Bottle, ar. I rived at Portfmouth on Saturday, with difpatches from Martinico., We are forry to learn that the yellow fever rages on board of feveral of our (hips on that Ration.— The Sarttaii,AchniralTorry,loft r6o men,befides three petty officers, and a Lieutenant of Marines. The 'Nam, was expeted to fail from Barba. does for Martinico about the rft of April laft. In confequence of a difpute on board his Majef ty's (hip HINDOSTAN, at the Cape of Good Hope. between Lieut. RAE, of the Marines, and Mr. Bit 2- MAR, Purfer, both belonging to that (hip, they met in the ompany's Garden, on the morning of the 14th of March lA, when, after firing three rounds, Mr. B. received a wound in the body , of which he died the next morning. The feconds were Lieut. BEAumos:r, of the M.trives, who at tended Lieut. R. and Mr. MORGAN, Purfer of the Im premiss, Mr. B. both of whom, with Lieut. RAE, arrived at Portfmouth on Saturday. under arreft, in the bartlisusz, to he tried. Captains CAMPBELL Navy, are arrived which (hip left the The treaty het Company and hi finally concluded cember laft by thi t h y e o q f tli t s h vin e Gsolonmt 611IPBELL and ALEXANnee, of the red paffengers in the Ise r zsuto the Cape on the 6th of April. etween the Honourable Eaft Inas i his Highnefs the Nabob Vizier, was :d at Lucknow in the month of jje• :he Governor-Gcneral. The Mar• Soonamooky yacht, at the 'owl: in November La.