The Sun.
London, England, 1822-05-25 00:00:00

PARLrAMENTA-R-'Y PAPER-.

PROPOSED RESOLUTIONS REGARDING THE PAT"
•
MENT OF MILFrARY AND NAVAL PENSIONS.
1. That it is the opinion of this Chihroittee, That, for the
purpose of apportioning, conformably to the Resolutions of tills
House of the 3d day -ofll4s i2squit, month of May, the burthett ,
occasioned'by Pensions; it is expetlien,
that an equal annual annuity of 2,800,0001., terminable at the
end of forty-five years, should; from the sth day of April, 1822/
be vested in Trustees to be named by Parliament;_ and that
the said annuity should be charged upon the Consolidated Furl('
of the United KingdoM of Great Britain and Ireland.
2. That is the opinion of this Committee; That the Pia
Trustees should pay into the Exchequer the several anneal
sums hereinafter mentioned, by four equal, quarterly instal-
ments, on or before the 15th January, the 15th April;the 1561
„.
July, and the 20th October ; the first payment thereof to ve
made on the 20th October, 1822 :-
Ist Year, ending 15th July 1823 X 4,900,000.
2d - • - N 24 4,700,0°' •
3d - . - - 1825 - - - 4,540,000
4th - 1826 - - 4,410,0°1
sth - - 4 - 827 - 4,290,t;
6th - • . 1828 - - 4,110,0„u,
7th - - 1829 - - - 4,000,0(1,1
Bth - 1830 ' . 3,860,00:1
9th - 1831 - 3,720,0°' _
10th ' - - - 1832 - - 3 590,000
11th - 1833 - 3,141500
12th - - - 1834 _ 3,30,000
13th - - - - 1835 - 3,180,00°,
14th - - - - 1836 - - 3;950,01'
15th - - - -1837 - - 2,910,07,
16th - - - 1833 - - 2,790,0°„i,
17th - - - 1839 • - - - 2,660,0(7,
18th - - - 1840 - - '2,530,0e„."
19th - - 1841 - - 2,410,001;
20th - - 1842 = - - 2,290,t,
21st - - 1843 - - 2,170,r,'
22d - 1844 - - - 060,v1a7
23d - - - - 1845 - - I,9aute„,,"
24th - - - - 1846 - - -
25th .4 - - 1847 - - - 1.730/(75
26th - - - 1848 - - 1,630,01
27th - - 1849 - - - 1,530,M
28th - - • - - 1850 - - 1,430,er„a
29th - - 1851 - 1,340,e"
30th - - - 1852 - - - 1,250,00°.
31st - - - 01'
- 1853 - - 1,17
32d - - - 1854 - I,080,(,°0
33d - - - - 1855 - - 1,009,k,
34th - • - 1856 - - -920,0 V,
35th - - - 1857 - - 860,„„°("6
36th - - 1858 - - 700.00o37th - - - 1859 - - 720,05;1
38th - - 1860 -
39th - - 1861 - - 600,„,,nu""
40th ,- - 1862 - , .
41st - - 1863 ' - - 490,tw0
42d - - 1864 - - •440,01}01)
43d - . 1865 _ 39t1,00
00
44th - - - 1866 - -
45th - - - 1867 - - - 300:"
And that the said several sums, or such part thereof as may
necessary, shall be appropriated and applied conformably t°
the said Resolutions.
3. That it is the opinion of this Committee, That for the
purpose of enabling the said Trustees to make the several PaY;
ments hereinbefore mentioned, at the Exchequer, at the sever
periods aforesaid, they should be empowered, from time te,
time, to sell and dispose of so much of the said Annuity as rinl4
be necessary for that purpose, but so as that no greater anrue',
of Annuity should be sold or disposed of, in any one Y,e,t;
than would be sufficient to raise the sums necessary to corrIP";;"
the whole of the payments to be made within the year, 0.1,%`,
discharge and pay off the principal and interest of arq -r) h
chequer Bills which may have been issued on account or sae
payments.
4. That it is the opinion of this Committee, That for the p, u
,e
pose of enabling the said Trustees the more readily to prost,'.'st
the means necessary for Making the said payments, in the rilt4
_f la
convenient and economical manner, the Commissioners u
sail
Majesty's Treasury should be empowered to issue to the
'Trustees, Exchequer Bills to an amount not exceeding the OP:,
necessary for completing from time to time the said payinen,t"
which Exchequer Bills, together with the interest, thereuP'"ii;
should from time to time be discharged and satisfied by *aid
said rustees out of the monies to arise by the sale of the 5-61
Annuities, or out of the dividends thereof;—and that, 13.1!,,,
such payment, the interest accruing on such Exchequer
may be paid out of any supplies voted by
Parliament.
May 24, 1822.