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

.. • -
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. ands 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 7,84.5,0001. and he therefore could 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 yearst
'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

;1'9421 Z.11,5952c00
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