The Sun. — London, England, 1802-12-13 00:00:00

FINANCES'. THE statements which have appeared in the Pub . lie Prints, of Mr. AUDINGTOWS Speech on Friday last, having been erroneous in several respefts, from mistakes in the Figures, we are induced to lay before the Public the following Abstrad of the Ac. counts, ti 4 accuracy of which may be depended • 'Upon. The CHANCELLOR of the EXCHEQUER first ob served, that he was induced to bring forward the IViotion, of which he had give notice, for granting to firs MAJESTY a Sum on the growing Produce of the Consolidated Fund, at a Season of the year earlier than usuala a by the very satisfadory circumstance of the extraotalinary produce of the Revenue during the Last half year. It would be recolleded, that four Mil lions and a Half had been voted on the Credit of the • 'Consolidated Fund, for one year to the sth of April' next. Of that sum , no l ess t han Three Millions Eight }lundred Thousand Pounds had been 'realised on the loth of Odober, last, and- there was little doubt that on the conclusion of the ensuing Quarter, on „,the sth of January, she Surplus of the Consolidated • F und would exceed the Seven Hundred Thousand Founds necessary to complete the Sum which ,had • be en voted. The Committee therefore would be aware, that unless a power were given to His Ma "estY's Government to apply such further surplus as might accrue, to the Public Service, a consider :4,l'le Sum might remain dead and useless in the Ex i"ecluer, while Money must be raised by other means k ° defray the necessary expences. He then shortly ii , ea llitulated the principal measures of Finance in • leYea r iSoz, and_ observed, that the Unfunded Dept in Exchequer Bills and Navy Debt, which, in November, zBor,, had amounted to upwards of th irty-seven m illions three hundred thousand pounds, had been reduced to about nineteen millions and a half ; making a redudion of near eighteen millions, 'which in the' course of the year had been either • funded or paid off. Of the remaining sum of nine. teen millions and' a half, three millions, which had been advanced by the Bank as a conside ration for the *renewal of their Chatter, bore no interest, and was not payable till 0306, • and 900,0001. were charged on the Annual TaxeS of the present year, the arrears of which Would be sufficient to discharge them. Deduding these sums, and 4,500,0001. of Navy Debt, the remaining,Exchequer Bills'scarcely exceeded eleven „That in order to effed this redudion, to • provide for b the current services of the year on that extensive scale which the circumstances of the State - a liad required, and to relieve the Country from the pressure of the Income Taxi it bad been necessary to make provision for ninety-seven ' millions of 'unded Debt, of Which eleven millions arose from the funding o f E xc h equer Bi lls, fifty-six ,millions and a half from the Stock charged upon the Income 'Tax, and about thirty millions from the Loan of the present year. That the charge accruing from so large an addition to the Funded Debt amounted to above three millions one hundred thousand pounds, for which Taxes were provided, which were esti mated at f our millions, but which in the first quar ter in whi c h t h ey had become produdive had brought into the Exchequer about nine hundred and twenty tiousand pounds, aithough scarcely any thing had been received on the additional Assessed Taxes, which were estimated at one million. Adding, therefore, one-fourth of this sum to that which had been realiz ed, it would appear that the produce of the Taxes of Soz, in 'the quarter, ended the toth of Odober in that year, might be estimated at no less than had h un d re d a nd seventy thousand pounds. He 'ad the satisfadion to state, that so far as a judgment c ould yet be formed, the services of the year would • be defrayed by the . Grants of 'Parliament, with the singleA exception of the Extraordinaries 'of the Army. Gentlemen would recoiled that he had ex pressed his apprehensions in the spring that a con siderable excess. would arise on chat service, and a large addition of expence had undoubtedly been oc • casioned by the detention of our Troops upon Fo ,. -reign Stati ons l onge r than had been 'expected. He i'• liad reason to believe that the excess, beyond the SLIM °forte - Million six hundred thousand pounds pro vided byP:-.'irli a ment, would exceed one million ; '' but he had the consolation of being able to state to The Committee, that the total expence of the Extra. Ordinaries of the Army in .18oz would not exceed One half of its amount in the preceding year. It was also satisfaffory ro reflect, that the economical management of the Naval Service had effeCted a re , ",,,,ou6tion o f no l ess t h an f our millions and a h a lf o f f or' Debt. He next stated the Supplies prOposed xot the year iSo '3, and the Ways and Means by Which they were, to be defrayed as follows : SUPPLIES. :%ra v • ••Y, 50,000 Men, at 71. per Man, per Month, - 4,150,000 Ordinary and Extraordinary, 1,218,238 Buildings, &c. 901,140 Army, xtraordinaries (including Sur. plus• E xtraordinaries issued in 4802,),. - 5,500,0 a 2,000,00 6,669,378 ordnance,, - - - - .., . 787,947 ,C Om Bounties, - - - - 5 2 4673 4Y43l Fellaneous—Englarld, ? - - Ditto, Ireland, 5 4000,00 ? 3 6 39339 Irish P ermanent Grants, - - 16 , 8 45) 2 37 Amount of joint Charge *, ENGLAND's SEPAAATE CHARGES. 7 0 pay off Exchequer Bills on Aids 1801 2.,781,000 L'itt° , Ditto, on Aids, 1 8 03 , (B an k) 1 , 500 , 000 epayrnent to' India Company - 1,000,000 merest on Exchequer Bills and Discount, q?ce. - - - 600,000 iteciudicn of National Debt .- - 100,000 -----_---, 5,98t,000 T wo -seventeenths f i t he - it wo-seventeentbs the abo p ve plies sum of 6,845,2,371. are to be contributed by Ireland ' - - - 1,98 L 179 41( tcl for Ireland two-seventeenths of Yizoopotl. for Civil List, and other Charges on the Consolidated Fund, not relating to the Public Debt Ou,Account of Ireland 14 1 , 22 3 On:Account of England zz,8z6,237 L and and M a l t Srplus x.c ConsoHated Fund il e , itiet Bills on Aids 1804 ottery WAYS AND MEANS. .. • - Estimate of Exehequer Biro outstanding on the 31st December, 18oz - - 14,180,0015 To be funded - - 7,0e0,000 To be paid off - - 4,t81,000' , • 11,281,000 Proposed to be issued on Aids IEO4 2,899,000 11,000200 13,899,000 He next proceeded to consider the Supplies of the year as distinguished between permanent Services and such as were only occasional. Under the for mer head, he observed, might be included the Navy, the Army (except that sum which might be voted to make good the excess of the Extraordinaries of the present year, which he estimated at one the Ordnance, the Miscellaneogs Services of Great Britain and Ireland, and the Interest on Exchequer Bills, although on all those Serviies* it was possible that reduEtions might hereafter take place., The total amount of those charges was about sixteen millions, of which the British proportion would somewhat exceed fourteen millions one hundred thousand pounds. In the latter class might be placed the Corn Bounties, the excess of the Army Extraor dinaries of 18oz, the. Re -payment of Exchequer Bills, and of the Advances of the Bank and East India Company, amounting in the whole to six millions eight hundred thousand pounds. He was strongly impressed with the convklion, that whatever our necessary permanent expences might be, they ought to be provided for by a permanent Revenue equal to the charge; and he trusted, that in this opinion he was sup ported by a general concurrence of the House, and of the Country. That we must not attempt to accommodate Our Expenditure to our Revenue, but must resolutely determine to raise our Revenue to a level with the Expenditure. He did not, however, at present, feel it necessary to recommend to the Committee any such effort. The only operation of Finance which he had at present in contemplation, was at some late period of- the Session, to propose that from six to eight Millions of Exchequer Bills should be funded, in order to prevent any inconve nient accumulation in the market. The Committee would be aware that unless a bargain could be con cluded with the Holders of those Bills, on terms advantageous to the Public, it might be necessary to raise a Loan to this extent, for the purpose of discharging them. In either case, he trusted, that the means of defraying the charge which would be brought upon the Public, might be found witlout any very material addition to the buftliens of the People. _ _ He next proceeded to state to the Committee, that it might be observed that he had proposed to vote no more than four millions as the :produce of the Consolidated Fund, although he had stated his expeaation of a sum of six millions and a half in the general account of the Ways and Means of the year. He had proposed a Vote so moderate, be cause it would be sufficient for the immediate pur pose, and would avoid any, inconvenience to the Public Service in case the hopes which he thought himself well warranted in entertaining, should not be realized by the experience of the two next quar ters. He had,, howercr, to state the produce of the three preceding quarters in support of his ex. peaations. The aaual amount of the Surplus of the Consolidated Fund in three quarters of a year ending the loth of Oftober i Soz, amounted to 5,508,0671. To this was to be added the Bounties paid on Corn within that period,and not yet repaid by Parliament, being 43 1,7291. and s the sum which might be expefted from' the-produce of the Taxes of the present year, which had not taken place in the two first Quarters of that period. The total would be 7,939,7961. From which, deduaing the whole of the sums received on account of the Income Tax, amounting to 2,054,8931. the total produce of the three Quarters would appear to be 5,884,9031. If the ensuing year proved equally produaive, the Surplus, in four Ouarters, would be no less . than 7,8 4 . 5 , 000 1. an d h e t herefore co u ld not consider himself over sanguine in expeCting a clear SurplUs of 6, , 500,0001 . . It was also satisfaftory to observe, that the aboite sum of 7,845,0001. was little less than double the Surplus of the Consolidated Fund in -any ' , former year; as the largest produce ever known, which was in the year ending the sth Of January 110, a time of great ,and acknowledged prosperity; amounted , '.to 4.'300,0001. In comparing the produce or'the , Taxes, it 'would be found that a progressive in crease had taken place, not indeed in every year, but in every period of a certain number of years t 'compared with periods preceding it. This was of itself an undeniable proof of the prosperity of the Country, and a satisfaaory indication , of its in creasing resources. Supposing the produce of the Re venue to continue equal 'to what it had been of late, which he was far from venturing to predia with con. fidence, it would afford the means of providing for the defence of the Country in a. very ample man. ner. In confirmation of which, he stated the Sup ply and Ways and Means as follows : The Naval Service, in its different Branches, Might bt estimated at about 4,230,0001. a sum ea - gable of supporting an Establishment nearly double that which had been maintained in any former. Peace. The Army (allowing 5o o 0001. for Extraordi.; naries, and supposing a reduction of one million below the present Estimates,) would amount to 5 ,200,000. For the Ordnance he should allow 800,0001. ; and for, the miscellaneous services of the United Kingdom 1,300,0001. The total joint contribution would be 11,5'30,0001. Adding soo,oooi, for the separate charges of Britain, to the British proportion of the above sum, the total to he provided by Great Britain would be 10,533,0001. To meet this expence, we might estimate . , .. Land and Malt Tax - - Surplus Consolidated Fund, estimated ac cording to the produce of the Three last quarters - - - Lottery - - - - Contribution of the East India Company . Tl, £•2,750,000 7,845,000 sc,so,oco , , soo,ooo ;1' 9 421 Z.11, 59 5 2 c00 a sum which would leave, a clear surplus of upwards of a million. But there were other indications not less satis fadory, and decisive, of the increasing prosperity of the Country. It was not possible, till the conclu sion of the year, that the Accounts of the COrn nierce of the Country should be completely made up. But from the best AcCQUIIt which at present could 2 1 12 3, 0 , 1 5 20,703,222 2.750)0"' 6,500,000 I 1,0C0,000 500,000 750, 'oo be prOctired, it appeared, that the real value of.the principle Articles of British Produce and Manufac.: tubes, exported in the year ended the loth Oct. 1802, , amounted to 27,900,0001. ; while, in the year, they were somewhat less than 24,500,0001. and that, supposing those Articles to . bear the same proportion to' the whole of the Ex ports, which they had done in former years; the. total value of British ManufaCtures exp4ted in the year 18.02, would not fall short of Fi Fr i" ML LLtorts. STERLING, being an Increase of Eight Millions above the year preceding, -- which was itself greater than any former year.. . The.account of the Shipping of the Country was; still more imperfea, as, sill the close of the year,: Returns were only made up flit; the Port of London: but it was not less satisfaOotroo far as it could be ascertained, particularly, ip , the important eir, cumstance of the increase . orßritish Shipping. In the year ending the loth October 1801, 1762 Bri. tish Ships, measuriog 418,631 tons, and manned with 23,096 men, ,had entered that Port, and 1331 Ships, measuring 350,.634 tons, and carrying 24,070 men, had cleared outwards. In the year 18oz, .the British Ships Which entered inwards were 2459, the tons 574,700, the men 33,743, — The British Ships -which -cleared outwards were 1933, the tons 419,067, the men 28, i 'Z.-- The diminution of Foreign Shipping was not less remarkable than the increase of British. In 1804, the number of Foreign Ships which enter ed inwards, was 3385, their tonnage 452,677, their men 26,388. The Foreign ships which cleared out-. wards were 3381, their tonnage 445,651, their men. 23,302. In the bear iBoz, the number of Fo reign ships entering inwards was "Seduced to ,1549, their tonnage 214,117, their men" 20 , 555. The Foreign Ships Which cleared outwards were 1868, their tonnage 262,0c6, their men 14,826. Such. were the proofs of the increasing Prosperity of Great Britain. But that of the other part, of the. United Kingdom was not less remarkable. The Revenue of Ireland had increased between the sth of January and the month of August last above 900,0001. compared with "the corresponding period of the preceding year. An increase which in proportion to the total amount of the Irish Re venue was even greater and more rapid than our own. He then took a view of the state of the Sinking ,Fund—a meakure which had originated, in the sa gacity and abilities of the late Minister, and had been established by the wisdom and firmness of Par liarnent. 'ln 17.87, the Sinking Fund bore a pro portion to the interest 4: the National Debt, of about one to ten:—it now had risen to the propor - non of one to three, and amounted to no less than six millions—a sum which, annually added to the produCtive l Capital of the, Nation, cannot fail to produce the most extensive and salutary effects. We think it unnecessary to add the concluding , part of this speech, not being aware that there were ang material inaccuracies or omissions in our former report of it. We understand from all quarters, that it was to a very great degree eloquent and im pressive, and produced an uncommon effeit on the House. It was a remarkable circumstance, that no part of the Statement was contradided, or even commented upon, and no explanation whatever re quired. CORN EXCHANGE, DEC. 13. WE have a very large importation of Wheat at Marker to-day ; prime Essex and Kent samples nearly keep their prices, but in general there is a re. daftion of is. and zs. per quarter; Barley and Malt are in plenty, and is. cheaper ; we see little alter ation in Beans or Pease, but they incline down_ wards ; there is short supply of Oats, and they fully keep our last prices ; Flour is nearly as before. Wheat 4 2s a 4 85 a 55 s od Tick Beans - 325. a 35s od Fine ditto -56 s a 575 6d Oats - - .17s a 2os 24s Barley - 245 a 285 od Poland ditto 25s a 26s od Malt - 4os a 45$ od I Rape Seed - - 321 a 351 Kyc - -35 s a ;Os od 1 Fine Flour - 455 a 49s White Pease - 325 a 375 od 1 Second do. -40 s a 45$ Beans - 34$ a 38s 642 ': A Letter from an Officer of the 73d Regiment, in . camp in the disirids lately ceded to the India Com pany, states, that in the course of the late excursion through Pollams, the flank companies of the 73d, some Sepoys, and a detachment of Cavalry, perform ed one of the longest marches ever known to have been done in India by Europeans.--In one morning, they made 'a march of twelve miles over the sandy bed of a river, being the only road. On the after noon of the same day, they marched again, and continued marching, the whole of that night, till ten o'clock the next morning, when they arrived at their objeel, at the distance of 62 miles from the first ground they moved from. The Lascars carried on their shoulders guns and heavy scaling-laddets, over a road which wheeled carriages had never be fore gone. Many of those dropped dead beneath their load, and many Europeans and Sepoys fainted, and were left for dead on the roads. Two fellows, named. Woodham and Preest, were committed on Thursday to Worcester Gaol, charg ed with stealing sheep at Hallow. They are part of a desperate gang who have long infested that guar_ ter of the country. The Officer who had entleavottred to apprehend Preest, was much wounded, the Pri soner having struck him on the head with a ha'tchet. In Woodham's house were found several implements for house-breaking, a pair of pistols loaded with ball, , a pulley, with the carcase of a sheep, crow figs for poisoning dogs, sulphur, with a machine for burning-it under fowls at roost, and other articles used in effeoing,their infamous depredations. George Wilbraham, who hai been some time in custody in the County gaol of Surrey, on suspicion of hdise-stealing, was cn Friday brought to Union Hall for re-examination, when a Detainer was lodged against him, on `I.IIW oath of the Jailor of Chelmsford, who swore to. having, in consequence of a sentence of. transportation being passed u)on , him at the AssizeS for Essex in iBo t, conveyed him on board La Fortuna Hulk in Langstone Har bour, from whence he had made his escape,; and was consequently, when taken, at large in the / Country before the -expiration of arc.' -term:for which he WAS transported. THE OPERA. King's Theatre, THE, Opera of Vier . o,be Was _repeated to_an flowing and brilliant Audience on'Saturday. Mrs. Btt tt Natog gave her Songs, if possible, within: "Creased etfe'. We have always had occasion to re mark, that the evolutioni of : tll3 Machine of tins 'Theatre are so great, and so complicated, that we seldom can arrive at a sound judgment - of the etfett of a representation. till after the two or-thre.e.first nights'. The trutlt of this - observation was evinced by the performance.on , Saturday. The! Kachinist, Chortissesond generally the Accessoirer of the Theatre were more petit:6l,', and' consequently .the ensemble more striking and impressive. • GERI3 - NI, relieved .probably from the usual effea of a first appearance, gave her Aria with 'a fine round and full* tone, and great eff , l ::--she was much applanded, and, , even with Mrs....Bit. - erNGTOII as a point of costrast, •becom r ing a favourite. We think we may boltity prcinounce-that the - Dtio in the second Aa, betWeenArs.Bitt.lNGTON And Vic ArroN I, is one of the'finesi disPlays - _of xquisite Science,-thar ever we witnmed on those boards. — At the close of it, BiLLI . NCTO-N -;educed her tone to a Pianissimo, vhich, by its gradation, ap 7 feared to suspend even the_ breath of the Audience, for noihing but . the most pert - ea sileoce woutii have rendered'the notes ; 'bust as that silence was the result of attention,- the effzet was thereby mtich increased. We hear VIGANONI so well in this Duo, and, hearing,- find so mu 4 ,:11 to admire, that for the future we shall be inclined -to quarrel with him when we do - not hear him distinctly: • The Ballet of La F.:riit Eneha.ntle foll Owed— . judicious curt - ailments have been made in it since the first night, which improve the elle& of . the most prominent parts:—the Scenery, of which there is a great di , play, was correety managed, ex cept - in some trifling iocid!_.nts, and the general!in terest well sustained—Thy, enchanted Forest on Fire, and the subsequent _Scene of the Enchanted Fountain,- merit. atimiration.' 7 - / The CoßArAts are charming Dancers, and execute their Pas with pre cision and (1 Plomb.—PAarsoT is, as usual, elegant and striking in the Scene witli,theHarp Accompa niment.—The Pas deTrois between LAB 0R 1 PA- R XSOI4, and Madame CoRALLt; is highly finished., The movement of Pt. EEL gives a good opportu nity tdr the display of the excellence of the Solo In struments—the Flute, HautbOy, Horns, Bassoon, and Harp, by turns; succeed in pleasing, and in spewing the pre-eminence of this Orchestra. The House was crowded, and is much warmer than we remember any preceding Winter. , The PRINCE passed the whole evening in the DUKE of YORK'S Box, and both paid much attention to the Music of the evening-. The Boxes gave a general display of the best Fashion. THE THE A TRE.---ThC - Comedy of The Merry Wives of Windsor - was repeated on Saturday last a t Drury-lane Theatre, and STEPHEN ICEMIIbE took leave of the Antlienee in the character of Ft:loaf. He seemed anxious to leave a good impression upon the Public, and gave the whole of the charieter with judgment, humour and effel. He may now return to the country with the satisfaetion of hay ing had his merit in this Charaaer confirmed by the approving sandion of a London Audience, which has always been deservedly considered as the deposi tory of true critical taste and judgment. The House was very well attended, and Mr. KEMB LE received a very gratifying tribute of applause on his depar ture. BANNISTER shews so much comic versatility in his performance of Colonel Feignewell, that as he is now vested with Managerial authority, it is strange he did not chuse Brainworm rather than Bobeidil. PA LLI ER dOes not succeed so well as was expeded in Brainworm, and it is probable that his Bobadil would he vouch more eft - alive. We re commended this cast of the pails before the repre sentation of Every Man in his Humoar, and the re cent performance of that good'old Comedy confirm ed us in our opinion. The new Performer on rue Harp at the Opera, whose powers on that Instrument are so striking; is as young Professor from the ci-devint Austrian Netherlands—his namq Do z r. GLEE CLU E.—On Saturday the Glee Club held their first meeting this season at the Crown and Anchor Tavern. Mr. WR IGHT was President, the Chair being vacant by the death of the late much lamented Dr. ARNOLD. 'After the usual stock Glee, " Glorious Apollo," the much admired Elegy, of " Come Shepherds, we'll follow the Hearse," was called for from the Chair, to commemorate their much loved President, which very much affeaed every one present. In the course of the afternoon, to comme morate the same, an Elegy composed for the occasion by Mr. WEBB, was performed. A beautiful little ballad was sting by MPSICi SMITH, the words and. music by the Honourable JOHN Sr Eislc ER, who ac companied it on the grand piano forte. A Cast from the eelebrated Egyptian Slab,, pre- Sented by the Antiquarian SOciety to the' Univer sity of Cambridge, was last week placed in the Uni versity Library. It contains an inscription in Hieroglyhics, Coptic, and in Greek . ; commemo rating a donation . of one of the Ptolemies to the town of Rosetta. A Monument has lately been ereded in Univer sity College Chapel, Oxford, to the memory of the late Sir WILLIAM JONES, by his 'Lady. The de sign is 'well conceived, and is simple, grand, "and expressiVe : the whole is finished in statuary mar ble with great taste. The bas-relief represents Sir WILLIAM' forming the Digest and Translation of the Hindoo Laws, from the Sacred Books which the Bramins are reading before him. The bas-relief is supported by two trusses, ornamented with tigers' heads. On the top of the Monument is a Hindo-o Lyre,. a Grecian Lyre, and a Caduceus. Another Monument, to the memory of the same personage, has been erected in St. M cry's Church, by several Members of the Universities of Oxford and Cam bridge. A young man, confined for •‘debt in Norwich Castle, is rim-holder of a sixteenth share of a Prig of wool, drawn ht the course of IZiL week,,