The British Press; or, Morning Literary Advertiser. — London, England, 1804-05-01 00:00:00

.1 C. 11 °reusing (Engiand) . (Ireland) . Irma eharzt, ErgTind an& Leland AA I England st,Leale charges T , -uhnete . . . 11 g, %I,:t Duty, - 0102, A - •••• /...IMI • • I lee Sas, V. C. IbK), 2G S. CIAO I L. ',No 1,5iy1,000 ischecnet &P. eeAoJ. IS:4. to re: - .l‘oed by 3 lone 2,730 , 1nt en Aids 1 f:fic Per a-t 49 Gan. 3, tap SS, pal of , 0 4,000,P00 I. Pat act 4.1 tile 3, cap. 147. H. Is Deets "4 J.J.r r.~..') S.'. v'. , :t 6 Two- svvenovrt,•h• ci t‘.• • ) 5t.72Pf1••,703.,,,0r‘ 4. • ' , ontr, in 4 Arik.l for Invlalmi 3•••••••• OT. of 1.'4,0,04j1 Mr C v. L.l, and enure* en ta••• •ter. 1 • se dated ful4, not re Ito S she kw:4v d.:Jt ~.i 4. - 1.. to state, that the article of foreign spirits may be also considesel as overcharged • but when a ll t h e • returns are made, I am confident all the deduc tions will not exceed 567,0001. and consequently I have alight to estimate the amount of the produce for the whole year, ending the sth April, at 8,200,0001. 1 am desirous now, Sir, to state the grounds upon which I calculate the future produce of the property tax. In the first place, then, I have the satisfaSion to state, that the assessments attach to 120,000,0001. instead tf to 80,000,0001. which latter was the amount of property to which they attached under the income tar ; that I r the assessments are double what they were under the income tax, and that the gross assess nts amount to 6,000,0001. Allowing, then, t losses and deduSions, I think I do not exalt ' "crate its probable produce in any future year, if I state it at 4,500,000 L Now, Sir, that being the case, I consider myself intitled to calculate the produce of the taxes, which I hoped would amount to 9,000,0001. touch higher, and I think, I shall not be disappointed if I estimate it for any future year at 13,000,0001. that is 8,200,0001. the amount of the customs and excise, and 4,800.0001. the amours; of the tax upon property. The result, Sir, df this statement, must be to inspire the highest confidence in the system which we are por sustw, and to affard the most 6444d - tory evidence ,if the extent vgiwower of our resources. In the last year, whet tile taxes were net to produtlive as at present. the encrease of the public debt was only 3,390,0001. as stock ; a debt redeemable with less than 2,000,0001. I was then represented as over sanguine in stating the probable amount of the war taxes at 4400,0001. It must, however, be admitted that great delays and difficulties intervened to interrupt the operation and diminish the aftual produce of the war taxes, and yet, the amount of the produce for half* year .vas only 112,0001. less than my estimate. Sir, an apprehension was expressed that this system would interfere with the produce of the permanent taxes. I admit that the system has not yet had a fair trial. As far, bowever, as it has been tried, it has afforded no ground for such a presumption, as we have seen a large sum raised within the half year. But still I admit that until the whole sum /it eolltti3ed, it is impossible to ascertain what Aka so large an addition of burthen may have upon the produee of the permanent taxes. Gen- Vuunan 6 however, will recalls& that last year was ip eet day unfavourable. Owing to the negocia tinn, an d otter circumstances, there was a great stagnadun la commerce ; and yet, notwitl.standing these dillculties and disadvantages, on referrirg to the accounts of the produce of the permanent u t es, upon th e ,first of January, 1801, and first of Ja nuary, letl4, I find that the amount of their pro i duce, on the former date, was 14200,0801., and on . th e litter, 0,430,0001., Using a surplus in favour of the l a t ter of 500,0001. And I am intitled to state this d lif usenera , because there was an over-payment for de tw h a d i s upon sugars paid out of the coilsolidated rfund for that year, to the amount of 450,000 L I find Olen, Sir, that the total amount of the permanent tare for the year ending the Sth of January, 14 - 403, is 118' . 1 %0001. ; and for the year er ding the sth of 4.. nuke . . ,14104. 10.676.0061. Peduaing then the duties imposed in 1801 and 1903, arnonnting in 1802 to 1,973,0^11. and in 18.i3 to 4,207,0001. the total will wand thus: total produce of the year 1802, '26,423,0001.; total produce of the year 1803. 26,369,0001. ; being an increase on last year of 143,0001. To this! might also add a consi derable sum on account of outstanding duties, and consequently I am entitled to say, that the produce of the permanent taxes is increasing, and that they ;tare not suffered from the pressure of the war. Be sides this, you have also the inference which the experience of the last war enables you to draw in fa. your of the produce of the taxes under the present. If their produce increased in that war, we have no ' reason to presume that they must decrease in this. Sir, I have sated these preliminaries for the purpose of justifying the system adopted last session, and of encouraging, cxhotting, and imploring the House to adhere pertinaciously to that system, as the ground of producing a confidence at home, and a conYillion abroad, that our finances are not to be exhausted, and that we are to mamtrin the contest as long as the interests and safety of the country shall require. This is all that I feel necessary to say upon this part of the subject. I shall, therefore, now dismiss st, and state the particulars of the Supply, and of the Ways and Means, for the ear. I shall begin with stating the Supply : SUPPLIF.S Navy, ex. !noire of: 1 21,0001. Oiduanee Sea Cery:re )1,715,000 Army (Eolt.lnd ..... . I 1,,1156,L00 a..d) ...... 11,.67,004) ----------19,143,000 3.691,GJJ 969.003 4.ef2,C:lt Vote credit (inel..iinr smoom few 15e.4..4/ . af,J4O,OCO tv Ife.laneous fE. and • i , •eudadly 617.000 40,0001 fur tv:ten.-«, not wet eot.d Ditto (le'ands t p•cleds..g Noo4ol. 164,000 toles-l:'4 fu: caul eunta.gooues I aft P./menet!! Grants Ot&I,0"1 400,000 34, i 03,000 t.2,2,p0n Total serrtics 44vess,o^k, Deduct en account of Ifehod, ac be!..w . . 4,71 :.h '.Y Con •-coont of Er f fatd f,5.:?3,149 WAYS AND MEANS " I come now to state the W-ys and Mrans for raising the supply voted. The \Lilt Duly alrea,l+ voted Duty PCIISI4IIA, OfFC , S, ACC Silt VI I i Ways uil Mr4.l:, 1803. L 750,000 2,0ti0,00n 1,970.009 lc Then the War Taxes, to the sth Apia, 1805, consisting of additional Customs and Excise, esti mated at 8;200,0001. The Property Tax was c.ti mated at 4,801,0001. which in two yeats would yield 9,000,0001. but a small proportion of this has been yet received for the present year ; ,deduEting then from the produce of the two years, ending sth Apt il, ISOS, the probable arrears at 2,000,0001. and de du aing what has been already received, I am led to calculate on the produce, up to the above period, at 7,237,0001. however, I choose rather to take the average amount, at 7,000,0001. not doubting but that the future produce if the tax will at least equal what I have stated. This, added to the addi tional Customs and Excise, will give for the produce of the present year, 15,200,0001. But I will not take credit for the whole of that sum ; I will allow the deduaion wanting to complete the grant of 1803, 760,0001. then, at all events, the probable amount on the sth of April. 1805, will be 14,440,0001. If the House feel, as I trust they do, the extreme importance of supporting this system, I hope they will not be disinclined to invigorate it by an addition to the war tax. The House may recol let'l, that in the last Session I proposed an additional duty of 201. a pipe on wine; but in consequence of circumstances of peculiar temporary pressure on the merchants, the additional duty was charsed at 121. per ton. The charge on the individual did not bear a fair proportion to the amount of the tax, which should have been four-pence a bottle, supposing the additional duty to have been 201. per pipe ; but in point of fat - 4 this charge had been made although only 121. per pipe was imposed. I propose now to make this additional duty 19 guineas, making an additional duty of 200,0001. the additional duty of 12 1-half per cent. on imports, with the exception of tea, wine, cotton-wool, and a double duty on raisins, will yield an addition of 800,0001. making additional war taxes 1,000,0001. adding then to these, the 14,460,0001., the amount may be fairly taken, on the sth of April, 1805, at 15,440,0001.—. Besides this, Sir, I estimate the amount of the surplus of the consolidated fund, to sth of April, 1805, 5,000,0001. I shall state the rea son for nor proposing this surplus at so large a sum, as it was taken at last year. The produce of the consolidated fund last year was taken at 6.500,0001.; but, in fio, it only realised 6,100,0001. in fin quarters, which was. doubtless, a consider ab'e defalcation. I could shew, however, that this deficiency did not arise out of any failing a of the permanent revenue, but from a suspension of a part of certain duties, and the increased amount of the draaback. B: adding these, the sum total of the consolidated fund would be raised above my estimate. I take it, however, for the ensuing year at five millions. To this I add, lottery, 250,0001.; vote of credit for the United King dom, 1,700,0001 t loan, 10,000,0001.; making in all, for the United Kingdom, 56,510,0001. " I come now, Sir, to state the terms on which have this d.iy proposed an agreement with same respetlable and monied gentlemen. The amount of the present Loan for the united service of Great Britain and Ireland is 14 millions and a half. For the sepa-ate service of Great Britain the amount is 10 millions. ,4 It was propoled then that the contrail should he in the 3 per cent. consol., when the agreement was this made: 14.1' three per Celle. Redact-1 fre. 1001 none ; 821 three per Coat. Coloots. making a capital in the Reduced 10 millions, and in the Consols 8,200,0001. with the usual bonus of 5 per cent. discount for prompt payment. T hope, Sir, that the terms of this agreement will prove satisfa3ory to the House, whilst the readiness with which Gentlemen who have great stake in the country have conic forward, and the facility with which the bargain has been made, will evince that the credit of this country stands hitch, and holds out with the fair prospect of its continuing so to do The amount of the interest to be provided for will be 530,0901; to this add for the charge of ma nagement 01,0101. and the one per cent. stock created for the redemption, 106,1001. requiring in the whole provision to be made for an interest of 736,1901. I nowrproceed to state to the Committee the mode proposed for raising the sum requisite for discharging this interest. In the course of the last Session arrangements were made for consolidating some of the leading branches of the pteslio revenue in the Excise, Customs, and Assessed Taxes ; but it was found impossible at that time to apply them to the article of Stamps. Vrom this source, therefore, I hope that without any considerable pressore being felt. a prevision may be made to obtain a sum suf ficiently large to answer the new deman2s on the public pulse. I propose. then, to impose addi tional duties epos stamps, already chargeable on legal proceedings, and on the transfer of property. Great inconveuience has already been felt from the variety of stamps already in use; their number is stated to exceed 300. and owing to this multiplicity, the mode of applying them is not well understood. It is proposed. :hen. to reduce and class them in about thirty, whilst, by giving facility to proceed ings in the Courts of Justice. by certain arrange ments, I hope to be able, in a great measure, to countervail any pressure that may be produced by an addition of taxes. It is of importance not to propose any considerable addition o f (duty ; for what ever can alleviate the expences incurred in COlltti of Justice, must be a matter of great public advantage, and therefore, to stamps of this description, I do not propose any considerable addition. With re sped to stamps for the security and transfer of pro perty, I am of opinion that a considerable aagenem tation of revenue may be derived. At proem the stamps are comparatively high on the transfer of property rf small amount; but the instrument ought to bear some relation to the value of the pro petty. My hope is, that all the intricacies which at present prevail this branch of public revenue may be oswiated, and at the same time an additional reveaue of x'o.oool. may be obtained. This, then, appears to he in itself a fit sulsjeCt for taxation, v:hilst it will cover the interest and contingent ex per.ces of the present Iran ; and I would tard ie r state to the Commute, after the most attentive con sideraiion which has been given to this stair& by able men, I feel confident that a very considerable addition to the revenue may be obtained, with the concomitant advantage of affording great facility to the public. I would now only farther trespass upon the time and attention of the Committee by re,-api rillatige tint amount of the supplies which have bven voted: Navy, e%iiisive of 523,000, Ordnance Sea St•rriCe Army (Cr B Jain) . . (IrviaNd . . . . 3.587,000 ---- 19,149,000 (.IrJiance (Grmt . (Ireland) • . . 9'7,9 Ow *,044,000 Vote acre lit (including 800,0001 fur In.-and) . ti,500,40 Miscellaneous !England) including ei7.000 40,0001. for services not yet T-4 d Ditto Ireland, including t., 2.6,000 be voted for Civil Contingencies " _ _ Irish permanent Grants ee5,000 400,1,00 Joint charge (or Great Britain and Ireland 38,703,000 Add separate charges for England Toutonne Ships fErticience sof Ma't Duty, 18.rY . 115,000 American Aw.ir4s . . • . 41'1,010 Exchequer Bads, 1803 . . . . i,suu,ouo Doduft as account of baling 2,294,00; Total Supplies 40,99:i,000 . . . . 4,711,659 Leaving on account of Great Bekaa' . . . . 5ii,183,348 WAYS AND MEANS. Malt Duty Duty on Pensions, Offices, &c. Surplus of Ways and Means, 1803 War 'Loses . . . . . . • • • • • . 15,440,000 Surplus Consolidated Fund so kb April,ilBos . 5,000,000 Lottery 250,000 Loan Making in all 36,5 I u.OOO • " The amount of the d e bt accumu l ate d during• the present year is less than four millions. I have adapted the provisions to what I conceive may be taken as the average amount of the expences of the war, excluding such char as I considered to be of a temporary nature. It - the charges should con tinue to be at their present amount, and even if the war should last for three years longer; yet, by a firm adherence to the system laid down, and the addition of the sum in the bands of the Commis sioners for Liquidating the National Debt, you will ere long arrive at that period when the debt will be diminished even under the continuance of war. But, Sir, I entertain sanguine erpeCtations that some di minution may take place, particularly in the articles of Ordnance, Barracks, and Volunteers ; of the last head there is a sum of 770,9301. and on the head of Barracks, an excess of 1,600,0001. a very consider able proportion of which arises from causes which :annot be of a permanent nature. The expences of building barracks is of this temporary nature, so that a considerable diminution of ezpence must take place. I have, however, made prevision with re spell to what I consider the probable expences of the war ; and by making an addition of the war taxes, it wiit be found, that within five years, the period will arrive, when the debt, instead of increasing, will continue to diminish, and that, without any reduc tion of our national establiahments. And bares Sir, I cannot but congratulate the House on the ample proofs which are afforded, of the sufficiency of the country to contend with its prevent enemies ; proofs, which, one would think, must be sufficient to im press them with the conviction, that the present situation of the country affords ample testimony of its public spirt, freedom, opulence, and power. We may then, without any despondency, rely en the sufficiency of our means ; and that we can, in a just cause, maintain a contest "single-handed,' and, I trust, successfully resist the eforts of insatiable ambition, and implacable fury, on the part of our threatening enemy. ' Mr. ADDINGTON then concluded with mov. ing that towards raisins the supply granted to His %Irajesty, it is the opinion of this Committee, that 14000,0001. be raised by way of Annuities, of which 10 minions to be ch.irged on the part of Great Britain, and 4,500,0001. on the part of Ire land. The Resolution was put and carried : after which the several other Resolutions, agreeably to the foregoing statement, were put and carried, WM • C 0,7. The How being resumed ; Mr. FOX then said, that it was not for the pur pose of making any opposition to the financial state ment of the Right Honourable Gentleman that he now rose. What be wished to advert to respeaed the motion which he had given notice to bring before the House on Wednesday next. He said he had learnt from persons who were well skilled in the state of the palilic concerns, that this Was not the most proper time for discussing the affairs of the country ; and he had just understood that an import ant motion to that effeft, which was to have come on in another place that same evening, had been put off, in consequence of a suggestion from a Noble Lord in office. The reasons for such a postpone ment must, undouotedly, be well known to His Majesty's Ministers . • what he wished now, there fore, to Irnaw was, whether the same reasons existed agaiost his bringing forward the motion of which he had given notice for Wednesday next ? This he asked, not so much as a matter of convenience to himself to he resolved upon; but he thought that it was also a matter of importance for the House to know whether there was the same intention on the part of His Mxj:•:•.;', Ilirtistees of postponing cussioas of that nature for any number us days ? Mr. ADDINGTON said, be hoped il:.at the Hon. Gentleman would sot be unwilling to abstain troth bringing forward any motion of the nature alluded to, under present circumstances; assurinf him, that it was the intention of His Majesty s Government to postpone bringing forward any such mission at present. He trusted, therefore, that the Hon. Gentleman would not be unwilling to adapt a similar line of conduit. Mr. FOX said, that be hoped the delay which was proposed on the part of the Kiel Ron. Gentleman would not exist for any long time; but if it should, be should in that case certainly bring forward the minion, which, after what had passed, he was willing for the preszn: to postpone. On the motion of Mr. Secretary YORKE, the consideration of the Lords' amendniar to the Vo lunteers BiU was put of till Wed:.esday next, and the third reading of the Army of Reserve Suspension dill wan postponed till this day senaigl.t. irw•awag '.l. ; *. s i- . 1 vs, :, • ....„ ...v ;hkii . Mr. CALCkAFTaiid, the Volunteers was one which be hoped Gentleman would not Insist out bringing- I. at present. We understood Mr. Yong, to say aeon Table that he had no with upon the =lsis& Lord PORCHESTER postponed to fa se'nnight the Motion he had given notice of respaL ing ;he condud observed towards the French airs in india, before intelligence was received the" ts‘ the breaking out of the war. The Committee of Supply was pet of to Ife4 nesday neat. On the motion of Mr. CORRY, tie lima sue; solved itself into a Committee on the 11reD Mior resia : Dublin's Palace BiU ; an d th e H ouse b e i ng the report was brought up. The other orders of the day were postpaid & Mei the house adjourned at seven o'clock. This Day—Ss. Pet lIP and JA r ts--Holiday at the Pale- Offices. QCbe 18ritisb Press LONDON, TUESDAY, MAY 1. The Gentlemen who waited OH the Cossomum of the Excisions& on Wednesday last, to woe l mil die him for the amount of the Lo a n, die which it was to be made, attended yesterday, at tel' o'clock in the forenoon, by appointment. Mass SPROT, on behalf of the Stock Exchange and thy; Bankers, offered to accept it at the rate sf 1011‘1 Reduced 3 per Cent. and S 1& 15s. Couch S pm- Cent. for each 1001. sterling. Messrs. Basins and GuLDSMID, at the rate of 1001. Reduced 1 per Cents. and 821. Consol. 3 per Cents. far omit 1001. sterling, who were ii consequence 60 Blared the contra tors. The first price at tboatoral Exchange was 21 3 premium, and it fludtutted • ing the day from 21 to Si, and left of at fa 1. . terms upon which it was raised, awing for discount, reduced the price of 3 per Cants. tar 531 per cent. The CHANCELL O R o f th e Excnentrtit, in them*. 4 ing, brought out his Budget. Ter the Ways soill Means of the Year, he proposes to adds million m i l the War Taxes, to be rai s ed i n u se f o ll ow ' s . moms , aer :—The Duty of 121. per ton upon Vl*. last Session, he proposes to augment to NIL 1414, 1 he estimates will produce 200,0001. with= sillies • of 1211. on the Consolidated Customs, sosspdos Tea, Wine, and Cotton ; and a double tato ow Raisins, which he estimates will praises MAIL making, together, one million. Ha dm to roomolidoto the Stosop.Dorito w mat to Stamps for the Transfer of Property to tile in poop portion to the value of the property transferred, bat not to raise the duty upon stamps u s ed in l ega l pro. . ceedings. This constitutes the whole of his plan. Our readers may rely upon the accuracy of the' . figures in our report of it. The Marquis of STAY r oRD'sl Motion, apas the Defence of the Country, which stood for yesterday, j in the House of Lords, was postponed, at the r. quest of Lord HAWKCISUILY. The Noble Lord said, " he had reasons of the highest and most t weighty importance, which impelled him most for cibly to make this request; but of such a mtge, that he could not consistently with his duty rarest • them." This circumstance, combined with a great bustle in the morning among the Ministers, produced variety of reports. Some said, that a Regency is oa the tapirs others, that Mr. ADDiPiGTOM is making an arrangement for his immediate resignation others assigned other motives. We do not know v. hick of them deserves most credit ; but it appears :hat some important event is near at hand. Mr. Fox's motisn in the House of Commons, relative to the Hanoverian troJps, which stood for Wednesday, was also postponed upon the same ground. Yesterday H:. NlA.issry rode its the Qvgan's Riding-house. About twelve o'clock His MAJRITT gave= audiv ence to the Luke of Yolk. Yesterday, won after one o'clock. Her Mamtsr r and the four younger Paiticsasas, took an airing on the Surry Road. Yesterday the Duke of CAusittriot dined with Her MAJLST V. Sir LUCAS Pm: had an attditoce of Mr. An. DINGTOM• We leara that the embargo which has existed for five months past in the port of Osmond, has at length n taken off, and between 30 and 60 neutral veg.. sell have consequently sailed from thence. Such is the indefinable nature of the TIM Como." mea• sures, that it is scarcely possible to form any rational conjectures concerning them. Abe Resent' sloop of war, with 63 rag trader albs voy front Portsmouth, and Le F Admiral D.cara, with a fleet under cor.voy frau mouth. arrived at Barbadoes on the 21 st March. The Galilee frigate, which sailed from Cork en the 4th March. also arrived at Barbadess on the 21st March, with all the fleet. On Friday last, use Right Hon. Join, Commis Viscount Acrnoer was unanimously eleded Mem ber for the borough of Okrharnpton, in the mom of JANH STR•MIL, Esq. eta lately armee! the Chltern Hundreds . On Thursday last a Court Martial assembled at Marine Barracks, Pori.unouth. upon Lieut. .1-1•1 - NI AM, of the Royal Marines, on several chines made against him by Law. Col. Wisirsa, sad m a , turns still sitting. e