The National Register.
London, England, 1823-02-24 00:00:00

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62

( Parlsement miaowed draw, pale 69. ),
demur to be as clear as possible ; lie should not designedly
involve his stateint tits in obscurity ; in the first place, he should.
advert to the state of the Revenue and Car espi'nditure of the
last year; bet the paper from whieli he sli old state his figures
bat atreedy been submitted to the House. The Revenue was
64 millioue odd, the expenditure 49,400,0d01.; leaving a !stir
plus of 4,900,0001. For the nest year he ealeu :tied on 3 Re-
venue of 67,000,0001. ; the expenditure 49,000,0004—the
Revenue would be increased by pay from the Commissioners of
lialf pay. Hailing detailed theiteine of eapenditure, amounting
to 49 minims, be ststedtlist 33 millions arose from permanent
eliarges for the debt, cud millions odd for the current ex-
peneee. Ile calculated on a surplus of 7 millions, which it was
desirable should be maintained ; 5 millions towards paying off
the debt, sad upwards of millions for relief from mare.—
(Hear.)—The taitea to be relieved were 'milieus oldie Assessed
Taxes.—(Hear, beer.)-11e thonght he should show that the
language of the King's speech was justified. The House would
be aware that the reduetion of expenditure ought to precede
that of income. Last year relief bad been afford.al by convert-
lug the fives into fours, the reduction of the malt tears ; but
reduction of macs was hardly contemporaneous with the se-
duction of expenditure ; the saving of expence could not be
iminediaiely effected. So that the revenue snotained a loss by
such operetions to the amount of 1,73140001. But for sorb
•itect /here would have been a surplus of above 9,000,0031.,
be, however, did not reAlet the reduction of taxes ; nn the
contrary, he thought such reduction ought to be carried fur-
ther.—(Hear.)--As to the produce of the present year, lie cal-
valated that the Reverter would amount, outwit. standing the
reduction, to u much as that of lest year Customs 10,500,0001.
deducting the teenage duty. That bad been repealed. The
Eseisalast year was 27.203,0001. The reduction of last
year would affect this branch—but still he calculated with the
full operation of the reductions, he expected 26.000,0001.;
Stamps 6,000,0001. • Post-horse L 400,0004, Assessed Taxes
rad Land Tax last year were 7,2179671. The Hearth Tex
had been reduced. The Land Tat he ealoalated at 1,200,0001.
Ito took the probable receipt of the Revenue for this year at
62,000,0004 deducting what would be obtained from the Peti-
oles Commissioners. The receipts of last year were great,.
sad he believed those of the current year would be equal ; for
oar Maio, relieved from the antiquated trammels, would be
still Mere benefitted. Ealended markets were opening to us
is all .parts of the world, and they were gradual' and secure.
Other ports of the world oould not be benefitted without im-
profit% oar noodition. "A. wide and uoboonded prospect.'
opened upon the country, and he thought that " shads-Iwo,
clouds, and Witness," no where rested uprin it. He felt fully
assured of the prospect respecting the prodbee of the Revenue ;
and that imeresse Ives .proof of the additional comfort of the
peoples in g I. On all the essential articles, beer, bricks,
•tobasteo..Hritish spirits, tea, &c. there was an increase, as
• compared with the average of the preceding three years. That
Shot also warranted him in thinking there would he no reduc-.
tiocs. There were agitations and ,editions before, but now
there war order. They beheld tranquillity, peace, and internal
comfort, and they proved All improved condition in the people.
The Saving Banks were further proof of it ; those might put
money ie them who ought not ; hut the majnrity of the depts.
%Hors consisted of the humbler cl re-
spect to the expence of collecting the Revenue be ealculated
on considerable reduction.-e(Hear, bear.)--Many bad already
taken place. In 11121 they were loos than preceding years,
affording proof of the exertions of ministers, The collection of
the Customs had been 1,300,0001.; they had beets reduced to
one million. The redactions might be extended to Ireland
with great effect and advantage ;—(heari—and he appealed to
the reports of the Irish Commission. The Government had not
bees backward to carry into effect the recommendations ; and
there would be a reelection of patronage as well as of expence.
He Mien detailed the items of the present year's expenditure,
aruountieg to 49,71)0,0001. and Ise thought the Government
bad .effected all the reductions that were possible. But ell
Administrations were charged with extravagance and prolli.
Ivey ; yet all .charges ought not to be considered as well
founded. Notwithstanding the increase oldie Navy, there was
in the Army, Navy, and Ordnance, a diminution of 470,0001.
Tile tight hon. gentleman then described the mode in which re-
lief from taxes, to the extent of two millions, was to be effected.
The reductions would be in the Assessed Taxes. It was pro- •
posed to take off 50 per cent, or one-half of the Window Tax ;
and to take off entirely the assessed taxes oc servants and ore •
essiocal gardeners, small horses, &c. Suet. reductions, it was
calculated, would afford considerable relief to agriculture.
'fbe Howse Tax was to remain. He also stated, dint the as-
sessed taxes in Ireland, which produced a very man ponies •
of revenue, were to be reduced ; and it was in contemplation
to afford some relief to the distilleries in Ireland.
Mr. MABERLY said, that instead of giving relief to the
extent of two minions, relief to the amount of five millions might
be afforded, and that would be accomplished by doing away
with the Sinking Fund, towards which the surplus of five mil-
lions had been set apart. He embodied these opiuious in a
long Resolutiim.
Mr. BARING did not agree with the proposition to do away
with the Sinking Fund. Its principle was good.
The CHANCELLOR of the EXCHEQUER said that at no
distant day lie should have to ',mouse a plan fur simplyliing the
Sinking Fund.--{}fear.)
Mr. 31,1 BERLY's Resolution was not pressed, so that the
original pro forma Reaulutiou ass agreed to.—Report oo
hlonday.
The remaining Orders having been disposed of, the Home
adjourued at Eleven o'clock to Monday.

• .71. T.V.I Z