The Sun.
London, England, 1802-06-23 00:00:00

FINANCE.

The CHANCELLOR of the EXCHEQUER said,
he rose in pursuance of the notice he had given on a
former day, to submit several Resolutions on the
subject of Finance, 'on which it was his intention
to "move that the Debate should he adjourned to
Thursday, with an understanding that the Resolu-
tions should he printgd and ready for delieery to-
morrow. He then submitted the following Reso-
lutions :
1. That the,amount of the Public Funded Debt was, on the
sth of lantary, 1756, 238,231,2481. exclusive of Long and
, Short Annuities, and Annuities for Lives, to the amount of
' 1,373,5501. That on the Ist of February 1793, Stock to
the atnuurd of 10,242,101. had been purchased by the
Cominissic.ozrs for redeeming the National Debt; and An-
nuities to the amount of 79,8301 had fallen in, and had
4)cen carried' to their account; reducing the acitial amount
(i);- the Deb;,,, on the stli of lanuary x 793, to t 27,939,1431.
and the 4:4lluitiel: to 1,293,6701.: And that, qn the Ist of
Fetustu,q-y Stork to the amount of 36,885,3081. had
been pßteltased by the Commissioners for redeeming the
Na.ion4 Vebt, and Annuities to the amount of 125,7071.
had fallen 111 and been carried to their account ; and Stoc,h
to the arrsiint 05 tts,oot, T4SI. had been transferred to them,
on account of Laud Tax redeemed ;. reducing the actual
amount of Debt existing before the War, on the tat of
February 1202, to 180,344,7921. and the Annuities to
1,247,8431. • "
2. That the Capital of the Public Funded Debt, created
since the ist of February 1793, as the same stood on the
tst of February 1302, together with the Catsital to be
created by sums borrowed in the present Session of Parlia-
ment, and exelusive of 7,5'0z,6331. Three per Cent. Stock
created by Advances to the Emperor of Germany, is
351025,7301. That the amount of Long Annuities created
durnr„; tie same period, is 220,4611. per annum, exclusive
of 230,0031. Annuity, created by Advances to the Emperor
of Germany, which will expire in the year 1802: That
of these sums 22,348,0001. Capital, and 9,7911. Long An..
ninties, are oft Account of Ireland ; • and leaving a Perman-
ent Debt of 328,77f,73e1. charged on Great Britain; and
that on the Ist of February 1802,19,703,5961. had been pur-
chased by the Commissioners Or redeeming the National
Debt, reducing the said Permanent Debt created since sth
January 1793, to 369,074,1341. per annum exclusive of Long
Annuities to the amount of 310,6701.

3. That the total amount of the Permanent Funded Debt
' charged on Great Britain,. after .dedutting the sum ,ot
59,588,9,41.• redeemed by, aild ,the Annuities fallen in to,
me Commis"toners, and 18,00r,1481. transferred to them,
on account of Land Tax redeemed, was, on the Ist of Feb-
ruary 1802, 419,418,9261. together with Short Annuities,
to the amount of 5430.031. and Long Annuities to the
amount of 1,015,4101., after deducting the Annuities pro-
vided for by Ireland.

4. That the sum annually applicable to the Reduaion of the
National Debt of
,Grcat Britain, in pursuance of the Ad
passed in 1786, was i,0i,0,c001, being about r-238th part of
the Capital of the Permanent Debt then existing; and for
1793, Was 1,427,1431. belng'about 1-16oth part of the Per-

Ma-iient Debt existing in 1793, and may ter the year 18oz be
estimated,at 5,800,0001. being about 1-24th part of the Per-
manent Debt existing in iSoz, which sum of 5,500,00e1..is
appropriated by'A Ct. of Parliament to accumulate at Com-
pound Interest', until the whole of the existing Debt is
discharged, which, supposing all the Stocks to be pur-
chased at Par, and no further sums to be tr::nslerred for the
Redemption of the Land Tax, cannot be later than the
close of the year 1343. •

S, That the .Annual Charge incurred on account of the Per-
manent. Debt, on the sth of January 1786, was 9,297,0e01.
betbre any Fund was created applicable to the Reduction of
the Debt ; and on the sth 1 anuary• 1793, was 10,325,0001.
Djncluiling tooo,oool. applicable tp the . Reduttion of the
Debt ; in which sum of t 0.325,0001. was included, on the
. 'sth of lanuary 1793, the interest of i 0,242,1001. Capital
Stock redeemed ,• and the amount of Annuities fallen in,
or unclaimed, which had been transferred• to.the Comulis
sioners., making together the sum of 387,t431. and that the
said sum of 10,325,0001.-was. reduced on the sth of January
18,22, byireason of Stock transferred for the Redemption of
the Land Tax, and. by the Dirhinution in the charges of
'Management- on account of sums redeemed by the Com-

missioners, to 9,77 ,1691. in which stun 'is included the
liavrest on sq,SSs,3_Bi. Capital Stock redeemed, and the
anionnt of Annuities fallen in, or :unclaimed, and trans-
. _.

terrett to the Commissioners, maklng together the sum of
1,334,1861.
6. That the Annual Charge incurred on account of the Per-
manent Debt of Great Britain; created since the sth of
laimary 1793, (including 9740991. Permanent Interest,

hate en Lean ofthe present Session) of which 0;7611.
17$. will not become payabie until after the salt or lanuar
1806, amounts to 13,597;5941. per annum, of which
andl c
4,3
o,s4Managemeln't sis foure;lipitaerrte sott„.,
tAh
en nsuaiitdy ,
Daeibi and a
sCharges
eo.r.
deemed on the rst of Febrnary 18oz, and 3,053,2111. arises,
from 11. per Cent. Sinking Fund On the Capital of part or
-the said Debt and Interest of Stock redeemed, and is applle.
cable to the Reduction thereof; and that a further Chargeel
497,7351. per Annum is guaranteed by Parliament, in de'
fault of Payment of the Interes't of certain Loans by His
, Majesty the Emper-of Germany.
7. That the amount of the Outstanding Demands unprovided
for on the sth of January 1802,-ekclusive of Unfunded Debt
and ofthe Anticipation of certain DutieS• Annually
.voted,
was 4,416,2201. -That the Surplus of Ways and Means for
the year 18oz, Reis 114,0001. and. 99,8861. remained. un-
paid, and applicable to the Public Service, on the Grant
to the Queen of Portugal, reducing the amount of Demands
unprovided for, to 4,202,3341. of which 3,920,28)1. has been
provided for in the present-Session.
8. That the unfunded Debt (exclusive of the anticipation in
the usual form on certain Duties annually voted, amounted
on the sth of January 1793, to 8,925,4221. and ou the sth
of January 1802, to 21,179;1701, exclusive of the anticipa-
tion of the Loan of 1802, and of 3,000,001. advanced by
the Bank, without interest, for the renewal of their Char-
ter, to be repaid in. 1806 ; of which sum of 2f, .19,1701.
10,113,4931. has been. paid oil, or provided for in the course s
. of the present Session. •
9. That the net produce, of the permanent Taxes existing on
the,sth 'January t,784, then amounted to to' 194,2591. ; and
that Taxes afvere afterwards imposed to derray the expellees
of the War ending in 1783, amounting in 1786 to 938,ec01,
Making together 11,132,0001. ,
to. That the net produce of the Permanent Taxes existing
previous to the year 1784, adding thereto about •938,0001•
imposed as above stated in 1784 and
,1785, and 137,0001•
arising from the ConsOlidation Ad,' and from Duties im-
posed in 1789, was, in the year ending the sth 'of January.
1793, 14,284,0ce1. ; uuthesthofJanuary 1794, 13,94 r-,00014.
en the sth of January 17951 11,858,0e01. ; on . the sth of
January 1796, 13,557,00 ; oh the sth of )anuary 1.797 v
14,292,0001. ; on the stli of January 1798. 13,332,0001. ;, 1111
the sthof January 1799, 14,275,0001. ; on the sth o f Janu-
ary 1800, 15,743,109 i. ; on the sth of January tßeit
14,194,5391. ; and on the sth of January 1802, including
1,275,5441. the aindunt ot 'Bounties paid On Corn and Rice
imported 14,497,2261. which -last sum, after deduatingthe
Duties arising from the Consolidation Aa, and those iln"
• posed in 1789, exceeds the net produce of the PermanePt
Taxes on sth Ian-nary 1784, together with that of the
Taxes imposed in 1.7.84a11d 1785, by 3,228,2261. .
•
11. That the actual net produce of the Taxes imposed since r,
the sth of January 1793, amounted, in the year ending the
sth of 'January 18oz, to 9,187,2881. : And that tile total net
produce of the permanent taxes, in the year ended the sth
of. 'January 1802, amounted to. 23,684,5141. including
1.,275,5441., paid for Bounties on Corn anti, Rice imported.
X. That the total gross receipt within the year (dedudingr,
ne - paalyi Tonantssand m
, discounts,
li,
s a drawbacks
cwboacvkernisi.i;acno li
nd al s.aost,ie i
ndu a -
g
the year 1799, 34.750,9-761. i in the year 1800;.33,535,01:11:
year i 797, .23,076,1791: ; in the year 1798, 30,175,303.1.
and in the year 180 i, 37,368,3761. being an increasceeelT
• pared with 1797, of 12,292,1971. and compared with 17984
of 5;192,431. compared with 1799, of 617,4001, and
. pared with 'Soo, of 1.,8n;3601.
13. That the nfticial value of all Imports into Great Britain,
in the year Luling the sth of J annary 1784, was 13,122,2351-
and on an average of six years, ending the sth of lan 174/
was 11,690,84.91. 'Mara& official value of all Imports
• into Great Britain, in the year ending the sth of fantiary
1793, was 19,659,3581. ; anti on an average of six years,
ending the sth of January 1793, was 18',685,,901.: That
the offi•cial value of all Imports into Great Britain in the
y.earending the sth of jamtiaryiBo2.(supposing the Imports
from the East Indies, of which no Accputir has been yet
made tip, to-be .the same as in the preceding year) t'Lls
32..31.71,0321. making an increase, as cornoared with 1784•
of 19,194,7971. and with 179 i; of 12,637,6741. ; and on art
average of six years, ending tile nth of January , Sea, was•
26,964,9381, making an increase, as compared with tric
average to sth Of Jiinnary 1734, of 15,273,2091. audwith the
average to • sth of January 1793, of 8,27 ; and that
the real value: of Imports in the, yea'r ended th,• sth or Ja-
nuary.:lBo2, supposing!the Imports from the Last 1 tioie.s
to be the same as in the preceding- year, May be estimated
at about 58,680,0c01. .• ' •
14. That the official value of British Manufadtires exported
from Great Britain, in the year ending the sth of January
ill7lgB4s,thWJaasniu°J;9l'77Bl43,t'•.avansd 08n,61161,-a66corl'.ig-e "(F4l.lsaitx tYlice'tro'iff'-cel'.‘l-1
. vathe of British itlanufaetures exporred'trom Great
Boraha
in the year ending the sth oiJanuary 1793, was 13,336,8511'
and on an average of six years, ending the 5111 Ounl?•1Y
1793, was 14,77t,0491.: That the official value of
Manufactures exported from Great Britain in the Yex
ending.srh January 1802, was 25,719,9791. ; making an in-crease, as'compare.d with 1783, of 15,310,2661' and %Oh
1792, of 7,383,1281. ; and pn an average of six years ending •
the sth of January 1802, was 21,631,0501. ir.aking an !In-
crease, as compared with the average to sth_
,January t7`lB4}of 13,014,3901. and witlethe average to jib January 1793'
of 6,860,00 tl and that the real value of British Manufae- •
• tures exported in the year 1801, may be estimated at,
41,770,c0c1.
IS. That the official value pf Foreign Merchandize exported
froth Great Britain, in the year-ended the sth January 1784.
was 4,332,909!. ; and on an average of six years, en,l
•
the sth January 1784, was 4,263,9301. That the official
value of Foreign Mereliandie exported itorn Great Bri-
tain, in the year ending the sth January 1793, was 6;561;
3481. ; and on an average of six years, ending the. 5t
a
nuary 1793, was 5,468,0141. : Thai the official value o',
Foreign Mcrehandize exported from Great Britain. in the
year ending the sth of January iSoz, was 16,523,48°1;
• making an inereaseoas compared with 1783, of 12,190,571!„"
and with 1792 of 9,955,1321. ; and on an average of
years; ending the sth of January )802, was /4,104,70°1;ei
making an increase, as compared wire the avetage
January 5011.1784, of 9,840,7701. ; and with the. average .7
January the sthe 1793,, 8,636,6861; ; and that the real
value of Foreign Merchandize exported in the year ender
the sth of lanuarx 1802, may estimated at abvll,
eee-,7sesecor •
16. That the number of Registered Vessels belonging to the
British Dominions, and employed. in Trade, 'in the veal
1789, being the first year in which the Register Ad Iv'
taken full effed, was 14,310 ; their Tonnage 1;395,172
and the number of. Seamen navigating the same 108,02.;
In the year 1792, the nurnber of Vessels was 16,079..
Tonnage 1,540,145, and the number of Seamen navigatingt,
the' same, 118,286 ; and in the year 180 r, the 'number °,,,
Vessels was 19,772, their Tonnage 2,037,317 and I.'h"
number of men 143,927; being. an increase or 5,462 ships,
• of 642,145 Tons; and of 35,025 Men, compared with
1788 ; and of 3,693 Ships, of 497,172 Tons, and of 25,7°
Men, compared with 1792. •
I the
17: That the total sum to be raised in Great Britain,' P t
year 1802, may be estimated as follows; viz,.
Interest olPublie Funded Debt, Charees of Ma,
nagement, and Sinking Fund, on-the stn Ja-
nuary Lk; after dedudirg interest payable by 64
Ireland - 22,444,5
64
&c. to be incurred and paid between. sth' .
January 1802 and ith January 1803, on Stock
created by. Loans in the present Session 655,424
-Interest on Excheque/ Bills - 750,p0,0-
Proportion to be defrayed by Great Britain, ac-
cording to the Articles of Union, of tlte,Civil :
List, and other Charges on the Consolidated
Funds of Great Britain, and I relande amounting • ^^S
together to 1,537,7391. - • - 1,35°'°-
Civil Government of Scotland, estimated I
as. before • - _
Pensiort§on Hereditary Revenue, Do.
Militia and Deserters Warrants, - Do. _
Bounties for promoting Fisheries, Linen 1
Manufadures, &c. including Excess of j _
Corn Bounties' beyond 1,643,0001_ repaid
by Parliament - _ .
Char es ttf Management of the Revenue the same _
_ .e.e.24,v9/
as last • year - . ,
Making the Total Perm-anent Charges to he , . •
defrayed out the Gross Receipt of Per-
manent Revenue
Proportion to he defrayed by Great Britain, accord-
ing to the Articles of Union, of the Supplies
voted fOr 1802, for Great Britain and. f refund,
amounting in the whole to 39,305,3441. inctud-
ing therein the separate Charges on Great Brie
tarn • - - • - - 35,5
63,773,88;

' x,000,000

28,141,514

Advance to Ireland - - 2,000,600 •
Inter* payable for I rnpctial Loans d 497,595 595
. . . . . z,49,
, ,• •
66,271,47"

....- . .
0. That the Cross '',:!ee't of the Perinancnt
Revenue, after cicduCting. Re-payments for Over
Lutries, Drawbacks, and Bounties in the na-
ture of Drawbacks, amounted, in the year ended
Sth January tS,iz, to -, - 25,220,536
Estimated Produce to the sth April 2803, of the
Taxes itnposezl in the present Session of Par-
Lament - - - - 2,400,000
That further Sums are applicable to the Ser-
b vice of the year 1.802, as follows :
"t-payments from Grenada, Imprests, and Lot.
tery - - - - E 62,000
And that the Remainder of the Supply for the
Year 1202 is provided for by a Loan, on account
A 2,000,0000 f Great Britain, of - - - 23,000,000
And
a Loan for I reland, of - - 2,00,000
And by Exchequer Bills to be charged on Sup-
plies 1803 - - - 5,000,000
And expected Additional Produce of Taxes that
Were detident in iSoi compared with t;99
Surplus of Ve ays and Mewls tEot, and Residue
of Grants to the Queen of Portugal - -
Interest on Land 'i'ax contracted to be paid fur by
Instalments - - .
Arrears of Income Tax -

.boo, 000

213,886

Zi,ooo
w 2,500,0r.50

Making in the Whole, the Burn of . 66,821,412
19. That it appears, by a Report of a Committee of this
House, in 179 i, that the actual Expenditure (including the
Annual Million for the Redudion of the Public Debt) on
. an average of five years peace, ending the sth of January
179 t, and including sundry Extraordinary Expences for the
Armament of 1787, and for Payments to American Loya-
lists, and other Articles of a temporary nature, amounted
to 16,8'6,985.
But
the PeaLe-Establishment was estimated by the
said Committee, at - 1,969+178
[With which Estimate the actual Expence of
I the Year 1792 neatly agreed.]
4,n the above sum was included the Charge of the
Public Debt, amounting to :0,325,0001. from
which is to be deducted the Charge of Stock ex-
tinguished by the Redemption of Land-tax, on
the sth of January, ISvz

54°,°"

That the Additional Permanent Charge, incurred 15,429,178
by the Debt created since;l793,eiclusive of Inte—
That
rest
the Additi o payable by
nal IreChargland,e to be incurred for in. 137,594
0
creased Amount of Exchequer Bills outstanding,
is about - - - - -
Interest of Money tor satisfs-ing increased Navy
Debt, at 51. per cent. is about - - •
What the Additional Charge incurred on the Con.

5;0,000

270,00

,solidated Fund, is _
- -
-
l'hat the Additional Charge incurred for a sum ap—
propriated for the Redemption of the Public
Debt, is
And that the Increased Expences of the Peace
Estall,lishrnent (exclusive of any Charges to be
incurred by Interest on further Sums, to be paid
on windir.g up the Expences of the 1 ar ; and of
as.ny Augmentation which may take. place in the
'Naval or Military Establishments, but allowing
for Increase of Pay ar.dother Exvencva) may be
estimtud at - -
•

39°,°°')

2oft,coo

700,000

AM also exclusive of 497,ev01. Interest or. Loans, ,
due by the Emperor of Germany,and guaranteed,
~_ by Parliament, may be estimated at - . 3c3,7a,772.
". That adding to the Produce of the Permanent Taxes in
the Year ending the ith of January, rgoa, the sum of
1,2.75.5441. paid for Corn Bountiri;„ and the sum of
1.60e,e0e1. being the estimated deficiency of certain Duties
-
111
mtne ~:me Year, the Income applicable to the Peace
atablistient may be estimated 24 tUIIOW4:
0 t ,
ld Peraltioent Tags.. - 4. X. 14,07,3,26
w
s'''''P Pertna .. ncrit Taxes 9,1 0,238
curther Produce of Taxes that wrro deficient in
abet, compared with 17'9* • - 1,600,000
Further Produce of Taxes, iSet - -
?axes - 564,3t9
impesed in :Boa - , ..- - 4,000,000
Laud an: Malt, after &dueling Land' ax re- ,
4eenned . . • - - 3.c60,e00

32,208,833
AM that a further Sum of 454,3401. arising from Annuittes,
I'ltitch will expire at rho periods undermentioned, viz.
In 1805 .: - - 56.54
ao6 • - ii2,
igol - - 15,515
ISA * . . 374)119

• 454,340
‘OII flirt, also be applicable as well as such Sums as may
itntri time to time arise trom the savings on the Inteiest of
Stocks which may be reduced to a lower rate, and which,
Supposing the whole of the Stocks to be reduced to 3 per
clan, would amount to r,49 I ,ilpl. which Sums are exclu.
zive of any allowance tor Luc rot of a Lottery, or for any
participation of the Ter rltorial tltevenues of India.
Mr. TIERNEY said, if the Right lion. Gentle.
tan wished for a discussion on the Resolutions, he
Thought it would be better to postpone that discos.
lion till Friday.
The CHANCELLOR of the EX:REQUE R
he had no particular appetite for a discussion,
brit he was extremely anxious that Gentlemen should
have sufficient time to consider the Resolutions, in
case any discussion should take place. He had no
(111.itition to Friday, and therefore moved that the
debate should be adjourned to Friday—Agreed to.