The British Press; or, Morning Literary Advertiser.
London, England, 1806-03-29 00:00:00


•
(PRIG! SUN ti.:+t.).

-Iv-
yea and the Ways and Means which the Count!),
possesses to meet it. I feel it a duty extomely
&iota, and one, in the performance of v. hick I will.
require your whole inilnigence In snbmitting ther,
statement to you, which I Pm row called npon test'
make, by the office ,retch I have the honour to fin, -
I propose to go into no length of observations a;
out of the rna-ter in question, much less to indulges
in specula:iota upon proh.,ble results and conse-k.
To-vices, and to this course I am inclined, not incr.7
by an unwillingness to delay the House; and give
th.-m unnecessary trouble, as by a sense of the lit-
tlentss of any speculations amine, conspired with
the weight and importance of fag;; but feri,
the very same motive which has induced me to
atlopt this line, and to abstain from all latitudes r
of observation, I shall wish to he extremely soh.
ple and explicit in the statement of the fau9s.tiitir
to lay before you an entire and complete onse...-.•
With this view, I shall encleavous, in the first in..
stance, to fix the attention of lb, House upon thee-
state of the country, in respect of its finances, in m.
comparison between the past and the present rinses
and, 1 request, t'u-y will carry the result of MC
comparative statement in their minds. to assist their
ju4ment when they come to form a conclusion upon
the measures which I shall have the honour to sub-
mit to them. As the principle. indeed, the great,
leading, and charactelittic, feature .of the fh a.
business w..ich I am called upon to submit to you
this day, I shall state the amount of the nsitional
debt, fuodeds and unfonJed, and the means which
the country possesses to meet it ; hut, as I have al-
ready premised, 1 shall first state the amount of the
public debt on the fiista-if Fe' vary. I Su4, compared
with the amount on the Ist of February. 1905.
The publit :wide.) debt was, 1::1 the Ist of February,
1804, 493,127,0601. ; amount of yearly interest
for the same, 18,000,0701 The unfolded debt.
at the same date, was 110,797,0001. end the amonnt.
of yearly interest for the same, 6.39-44001, m .It•ng
together an annual chat ge c f 24,039 4701. ' IT7 the
course of the year 1806, a sum of 34 riplO,.n. was
added to the N ttional Debt, carrying an ara.ual •
charge of 1.467,0091 There was, besides, on ac-
count of Loyalty Loan, and other heads cf xreaces,
2,827.0001. usakmg in the whole, a sum of
36,827,0001. for the year 1803, from which, if you
dedutl 12,679.0001. the Mount of the Nnionl Debt
on the lit of January 1801 i, will be, 517,280,0f:01."
He then proceeded to a minute detail of the Un-
funded Debt of 1805, amounting to 20,000,0001
and of that for 1806, making a total of 23 millions.
being an addition of three millions. Havmg stated
the tress of the Unfunded Debt fir 1805, he rest
took a review of the revenue and expenditure of that
year. The produce ofthepermanent taxes amonnted
to 32,539,9711. and the interest to 495,6301. making
a !Mil t.f 33,035,11011..; ti.e *hole charge ageism
which was only 29,738,0001., leaving an excess of
3,177,5001. which we have a right to take, to the
extent of that sum, in favour of the present
year. He next proceeded to state the opera.
ticu of the sicking fund, upon which he con-
sidered it unnecessary to pronounce an eulogium.
41 he were to venture any opinion upon it, he should
say, that if it were not for this fund, the country
would he at this moment charged with the foil
amount, which it has paid of, exclusive of the
sum necessary to create it ; and, therefore, inde-
pendent of all the considerations of honour and good
faith, and other motives of that kind, which ought
to induce us to cling to it, we have the farthu-r re-
commendation of its praßical and tried nudity.
Having stated the Ways and Means for 180% he
next proceeded to detail the expenditure for t 5 e
same year, as follows ;
Navy ..... . . 1.•14,496,91113
Ded..tl Navy Debt, due on the 31,1 Dec. isoc 5,10..0 on,
Add on Account of D•fic.aucies . 5,1.11,515
Total Nal
Army Ter..l 17,153.694
Totil 4,49111,116
Civil Li-t, soil other changes upon the Censoli-
d lied Fowl
Civil Government of Scott:all
Payment out of E' chequer Bill Receipts .
Interest on Exchequer hills . . .
And other Ite.7ls,_niatiog a total expenditure

. 1,704,1114
04,914
0416.0( 0
1,4714,416

for the yeas 1461, of . . • . . 49,669,1100
" Having thus stated," continued the Right Hon.
blemte:r, " the anx,rusit of the public debt, and the
expenditure of the last year, I hope, that I have, as
fur as lays in me, put the House in possession of
the state in which the Cou try stands with respell to
its finances. I come now to state the supplies for
the piewut year.
SUPPLIES.
s' It is proposed to vote for the service of the Navy,
exclusive of ordrance and sea service. 15,281,0031. ;
for the army (or England and Ireland, 18,50.0001.1
and here, Sir, though I have not the maid:4l6*n to
state the precise amount of the army estimates, I
can, from the current estimates, and the knowledge
which I have of the plan that will be probably
adopted by rarliametit. with sufficient precision,
slate them at the above sum. Sh,,fild there be any
excess, the deficiency of supply will be made good
from nt! er branches of the revenue,
oreorme• or I.ogt.tild, inch,dtug Sea 1:11:01i L 3.911,000
I) ito f..r I•eland- 1107.0na
Total thdnance . . . . 1,719,CC0
Mt.cellans.4.t.a Service. t Englal d . . I,Vlu,t.i •
I /lit.) Aar Ireland C0.C1145
Total MilKelltrlciAlt 2,1;t:,101.
"In stating the rri.cellaneras services at this
amount. I am to ohsvrve, that they contain two.
very large advances; I clean, the advance to the
family of the late Viscount Nelson ; and, secontclll.,
for atlording compensations and rewards to she
g illant seamen of the filet which so eminently dic-
tinguished itself under his cerrin:and. Ihese will sa-
tisfactorily explain the high amount of this bead at
expence. The next sum which I propose to vote, i..
C'-flit for England, . . . L ,400,9110
IN. and . . . . . Lth),AW
nt charge fur E. gland •nd :,011,1"1 of 9.100, CO
Ape..., of Subs.d.v4 . • . 1 00t 090

n.ak.tig a j..int clum' for 2r sla..d

_ -
r 'JAM _of • • • " • 4/3•149•000
" 1 hare cow to d;,t;tguish the separate elsayges