The British Press; or, Morning Literary Advertiser.
London, England, 1818-01-17 00:00:00

Tu TIIE EDITOR OF THE COURIER.

Sul—Agreeably to tow proiiiit.e, I 'tow offer a
4.,tent. at of the 12,1160 and Eitpetalitore of the
yew 11417.1119 d au &tits§ de for Id l 9 ; h•id ton
been as. collllolllllCative with re•lwct to the Revenue
of Ireland (which I understand Iha• fallen mucti
ttr-
low the Estioritt) av veto have barn with re.iwet to
that of Eiighind. 1 cook! have rooted it. instead of
taking it at three million*, which I have now done.

The Minister's Estimate was thus for the expen-
diture of 1817:
Charge on Consolidated Fund L. 43,910,433
Army L. i 5,004,000
Navy 0 000,000
Ordossitre
311ser11.1nrous
Interest on Uutuaisk d Drbt 1,900,000
Sinking Fund ow ditto
Permanent Charge on Ireland
Reduction of Navy and Transport
Rill,

22,137,808

Total Eareditart fur 1611 L.68,076,960

The fetal Receipt fur 1817 by been L.47,4177,450
Supposed to be forthcoming (ruin Ireland 3.000.000

L. 50,217,450
Difference between Expenditure end Receipt
of 1817 ...... 17,800,810

L. 68,078,210
The Minister estimated. that what leas produced
50,i77,450/. would produce 63.940,451/. via.
lie produce of the Cousolidated Food 1..48,940,452
Annual Duties 3,000,008

Excise Dillies codisised .. 3,500,000
Arrears of Properly Ts: received or to be
received, bewail Sek April, 1117, and bib
April, 1010 ... 1,500,000

L. 53,180,452
Consequently, 5,663,002/. remains now to be pro-
vided fur 1817.
In making as Estimate for 1918, which the 111i-
flirter must produce shortly, I will take the reduced
Expenditure of the year agree:*hly to the Finance
Committee's statements, viz. 63416,6751.; and I
will take the Revenue at two millions less than
their estimate, becauie it has fallen as much short
as that this year, notwithstanding the arrears of
Property Tax have been included id the whole re-
ceipt of Revenue this year, which was not included
in their Estimate. The account for 1818 will stand
thus;

Total Expenditure Z. 113.2111,875
Total Rrveuue

L. 14,711,311
AdJ lu 16is the dekieney of 1817, viz.

It will make the whok mat to be provided...—. 18,374,313
The Fissure Committee reportol the probable

II ficiency of UM, at 15.312,398
Of 1818, at
_ _

Wbwrais it will hewn that the actual deficiency fur 1817
has bees 3,113,0021., wed the probable deficiency fur ISIS,
will be scar 15,000,00U1.
These statements will turn out very nearly cor-
rect, or sufficiently so to guide the public in their
judgment of the actual state of the finance of the
country. Now, Sir, L will candidly ask you, wife-
ther your Treasury hirsute hail not bitter put the
facts before the public, instead of puffing unfairly
or untruly ? It is your mistatements that aid
speculation, and do your cause injury. The peo-
ple like the mall. They do not expect that the
Minister can create a reVraille, but they expect all
possible retrenchment, and nu mistatement. If 15
or 40 millions of the 70 millions of Exchequer Bills
'lily in the market be. funded, and a provision be
made by loan fur the deficiency of revenue of 1817
and 1810, 1 think it is pretty clear that 40 milioua
of stock must be created, or neatly 00 millions Of
Exchequer 11,1:s must be in the market.
any Minister venture to leave on the market such we
emormows sari, particularly when the Bank of Eng-
land is about to resume its cash payments, and
must, of course, withdraw a large portion of notes
now in circulation, by which money must become
extremely scarce in two or three months; and. add-
ed to this, there can be DO doubt that our forces,
as well as those of-our Allies. are likely to be with-
draws' by October or November, by which measure
Europe will again be left at the mercy of the rest-
less spirit of Frenchmen, mid confidence shaken
to its very foundation throughout the globe.
1 am, Sir, )ours, &c. &c.
V£ Al.
January 16, 1818.

THE BRITISH PRESS.

LONDON.
SATURDAY. JANUARY 17, 181 S.

We do not recollect a period at 611101 the stret.4s
of this metropolis exhibited so much misery as
within the last few week% IVe fear mraislicie,y and
vagrancy hare made no less progress in the (Amory,
Ou Alonslay last the Quarter Sessions of Ate Peace
fur the County of Essex cot sssss enced yt Clo
fond (whore au unusually full Hew..ll of !Orgill.
trAtes. Time number of UNICA* tentered WAS sips
wards of thirty, the traverser* were four, and the
nutnber of pi ',watts charged mien various petty