The Sun.
London, England, 1803-06-14 00:00:00

TONNA,GE,

'Which was the last a r tide, at : Taxat
1-I;!ati 4CUstettlS. - The Tonnage Duty
at 150,0001. making .in the Whole 2,
tcbliorecn;(l:9sllec,tl'rr-ilaivlitevoi7:l:l,l:oli::rpoibtor:noll.:':itvici.nlleecleitl'cbCClal;;esluteloofattflitspt)icn:r.t.tilbfrditut.afil4;:k".
po: i,000,0001.' - - ~.i
11-le next- Branch 0: the Revenue' from whicielic i
shouldpropose a . ver.
tarts AS suppl)-Ir.g tI , cp',),i,siii.iciv,r-xaihgl.ec„pcoy;t v,i.°,.1", `he
it-101i
w
. . , EXCISE. .
yose as :in object cif inctL;-aivi taxiii-0,, itny .01 'lit
Ist', nvFai
~loicire r: tah:rilst ie
scptil..teus:ipbos):l;:itiecldivi4:a,sfo;utuir.tisoh:s• iojsfrialn:.: ;set: :rie:Inn:::!0:::
he wr,uhl submit .to the et-tali-Mute 'the •eXve:e'l::;;I
of raising a large Revenne`doriri the eontinuttocz°-
the..lVat.: the first was the Larriele of
. •-, TEA;, i ,
a'nif he'woillid feed)* dcki:owie,igc that; cx-cirt ur'Pen
ilie ciroinstances of the-War, which w,a,5 aC,cOl,"
nied by the means of enabling
,us to interceprtll
comm-arlatiotts 'more .elfettualiv, the: 'efforillt
:iint:gglers, by
.isritieh the fair ,TraderVas inPr,"
and ttie Revenue defraiided, he 'shouhl not 'r` r..
im athiittorbilluty on thin.article ;• he ,liii it lin°:.
eve' ""'ler 11- ftill- perittitgion that further' tryT
in; the Collettion of the.Reveutie would be Pre:
'':v'eceiiir:::c"tct h;illeimißd:ltdai-Ln-
eolsut:tillitetirnfLlS:tchuragrgolitij:i.eglirc°;:l:litld- (t)ii:lexr
al tti,:rce:ol:
-(i.ulti -6: -seleacd :- he ahoula Frolloge in ,na
'llional is per Gent. -ed .valorsto on the Wderl aril
, r Vet- as but this. :1d
+c. per I. on Cheitigher, -)-' ' .'. 1 he
woulA not be, .more
.. than they were omit I. t !.:,i
~
Cotrunotation Ta::2—ihii he estitnated to produce • .
WINE,
Which he sl id ''the present ctr'
pose to charge with tin.ath'iitionTal Duty'
t:, '‘:v.eaus...ittt-riraT
_ iou educe-lye under• . .
~
cumstances, wasan article to which there was 00..-, ''.
11,3°41°°°I. The next article which
jedion for soma- additional duty. In the year.llsl
101. a ton was laid opt-I'n Wine,' and the consuor
tioo iota not _been in the lua“ degree dimhol,t,
the prohcz of the dutv had been augmented ini...;
greater proportion than the am.rutit ofth.dPlY „1
413)u1d tlieraore propose a chity equal to flirt w
a.-,,'
1795,
.a 'duty of tot, a ton, or sl.'a pipe an Wirrii
Something 'of the same ,consicteratiorl iv.lticil blici'ltiri
him to recommend to die Committee -to picilitis' •
hdditional duty.un Tea, hJd'lcaltitn aliq4a.4l?. ''
.°.''
der that . ,
, si,II3.ITS, . . ' n„,
May, order the present eircuinstnuces, be .tl' t
sitlered -, '`t an article of. fair Taxation. , A 5i11.1";'.
charge on- Home Spirits .as on Foreign Spirit-') ire
I
intended to propose ;- the amouot at, • die. Pr' ,4
4,l,t"Y'..'w" SS. ad. per . Galion on all 141:ireii;n sil,
Ilt)rne tr"dc• Spirits.- lie proposed an atiditi.w(itlt
to °Deka -of the present duty ; that was, if ':llitliele
worth',. so' per cent. on the present d;:ty, µ' `t ..
en am tea to- prolluce 1,500,000 i. The t''_
t, "r'
(tele en which he lead tO,rtoposc au alitfitiinal tilitY,
,Jihiu‘'icifiBs,:a'sln':°eruuneteny, .k.l.tt:t4:tilliollittlenliizfltelle:ll:t.ei
on:tuohesia:eit::“:l:l,enZlnlfic:liY:::ll:ll,li.l44ctii-e:):c!,
:.1.::::::".ir:',,:!
• . On*
I:l7::aduolt;o•ntoilidinkaliSmaidliu:itk'lleanOuti;tlhe
itsncno6l: !"'‘:;'!"l....' ti,.'e
fire-stnt'.eirZcOn3tanees, ah7tAiti. iron- reco,,,,,cll‘l,ig
to the Committee the .adoption of- mode of 1,3'
a
iiv hidl muttbe rroduttive of ecinsiderbte in;
On
cot-A, nic.oce in the- present Nt'ar,- beCaLlse it
taxi o► non The lower ranks ; bat wiro theY, felt :he if
cc4,.ity, ti,. most assuredly they did, he -wits colt
dent they WOuld-bear it. cheerluAy.- fie ica; ce)11,,,.
• 'Atilt that tl•e grearrnasi of the Comtuunity feR t'..
Caine. inwhielt we were ,engaged, ii,nd were thfr,..,
,'fore prepared to 10.4ke-effe4lual provisions for it, v_7.
making . very oonsidertthle sacrifices, for that vti:
thegreit triode By which' we were to support t,1',0
C,,nt6t, and which tliettf,ore he reaimmendea,;,_
rho attention of, the ttntift,tiAtee, •ai the leaji,l?g rtliat
slide ef this system : it wa3upon-rhar prineipld title
..
nite,prodosetil to impoie-o..aililitioital Duty..upoo-1„i
•-artielehe now alluded to.,—the article lie intantAv.
It would' have beDOW
Tirti it he. had .found it possible to' prol*s a- ~to
which . he.: h 0 'IOW:
- `.OO
great, ialisrf:lo2n to Ili.
been, a

isi. s..
OA pit, nOtr- bf ..th:ir u
s'tibniit to the ' Comm. it ter, -without creating. 16
`SVVIGTI.! . 3 r rOitstire on 'l,k • ltriwitl,.2,- Trade ot I'l
Cen-1417Y1 and. without aifolding an orpattinitY 0
makipg an opsarr4ntable addition (',ll the c°nsunlel
The prescnr profits of tile 'Brewer the
k allcift
to 11Z vel y considerable indeed, but he wai re' till
to allb%i. that daring a long period it was very la fro
•

he:,ng the case, and that during a considerable period.
the Traee was attended with a loss. Heltart therefore
to propose to the Committee such a duty on Malt,.
as would give to the Public nearly, the whole amount,,
leaving to the Brewer the possession of those ad.
vantages which he now enjoys,. and which, if in.
vestigated, would be found to afford him aiarge
and liberal profit. The additional Duty on Malt,
he should propose to be two shillings per bushel,
which he estimated would produce, 2,700,0001.---
There wauld be a surplus of r3d per Batrd, which
will be to be divided between the Maltster and the
Brewer, between theniltster and the privateßrewer,
hut that for reasons he should hereafter state, would
he reduced to 8.1 per Brrrel, which wbuld not be a
c:inpensation to the Wewer for his necessary ad.
vance of capiiai, if it were not for the very con.
:siderable profit, to say the least, of which
now possessed. He would not propose a Tax on the
'common beverage of t!ie people of this Country,
'without also proposing a Tax on the beverage of
The higher orders ;'it was 'for that reason he had
Proposed an additional duty on Wine and Spirits.—
Let It be recolletied that during the last forty
Years, the additional Duty on Beer had been very
moderate, and that it will not exceed 44 per
cent. now in the year 1763, a Tax was
laid on of one halfpenny per pot, .and during the
whole of that period the addition made -to the duty
of Out common -Beverage of. the.Vountry had been
41) more after all thanAi per cent.
_; while the lid.
dition made to the duty on the beverage of the
Vigher classes bad been much. higher indeed, and
•the dattal addition on Wine during that p.--riod will
have amounted to no less 200 percent. Now at the
time the consumption ('f that article is very much
hit7easit,g, it could not be imPuted to Parliament
that its Ailvtittrrs were spariog themselves or any
Pirt of the higher orders of tie community.---The.
ullole of this duty under the Excise would be

1‘• I Itt!,
Spir;tA,

1,3000p00
514000,
1,5oc)k000
2,7;o,000

In
the whole,
Custotwt,

Coooiooo
2",ocoi000

et Excise anti CuStoni,;, SiODO,OO6
In addition to
.this let-leased Duty, he had to.
submit to the Committee a meatnre very eaten.
' sive in its operatien, trusted if adopted, it
would'oe_obutolatit in its produce ; it was founded
on the principle of the Income Fax, a tax however
condemeed .ind reprobated byoirone persons (for he
dot
.not coneeive it. ICC have been either condemned
or reprobated by general opinion of the 'people.)
he slitad ever contend was the instrtueent by which
see had carried ourselves through our difficulties;
and this he said was not mere matter of opinion,
bin of i: disputable proof now on the Table ; "riat
tidy all those who supported that measure admitted
it was liable to _objation, but he might say the
sante thiog ofethe present measures, every one of
them ; it was impossible to produce: any measure
• that was considerable in its extent to which nitaitY
objeftions'" might not beostarted, but the questiOn
was. whethet it was not .the best that could; undel
all circumstances, be adopted I The priecipei; ob-
ieftion to thelncome 'fasowas,
‘thauof its disclosing
"the circumstances of individuals, an inconvenience
which it was impossible.wholly, to a void ; but it should
bconade as little liable to that inoonvenience as possie
hie, consistently with the PrOduct,andseCurity of
the Revenue. The principle he had to submit to
the consideration of the Committee wgv this, to
make adistinetion between.that species of property,
the value of which does not depend on the skill and
industry of the owner, and that species of property
*bleb does clepepd on the skill, industry, and 4x.
ertion of the Otvlier.- Under the first head was
Land, and the interest of Money in the Funds, dec.
or Money belonging to' corporations, and various
other descriptions of Property, which kwas not'
now necessary he-t;houltl pitritcula"tize : if the Coin-
'mince would hear io mind the Alistiottion; that
Would he suflicieto fOr his present purpose, for they
were to besubjc6 to different yosseo,ors
of 'the one 'description of property would be
relieved from the neceSsityo of disclosure ; 'but
other pivot ity, comprelit ndieg Tr';ide anti the
Various piefessions, and their incomes 'from their
talents and rtoooti :its, most . necessarily be.
brought under the Ck)ohider,itiyil of Commissioners,
and as far as the weteconeerned, the obiation,.
he feared, woeld not be obviated, but suclu'powero
would be gitcn to the Commissioners, as would
dom milt t objett ion, though it would not.
I"ve the effea of• rainy logo it " altogether.—
The Tax he sliouet ',repose on-the 'Rent of, Land.
%vould be a ':':ix on the net Rent, as far “s it could
be anemone& He hoped to suggest a mode by
which, he mooed, the too Rent of Land might be
4'ee-rtaitltd, without vexation or trouble.
w""hrl propose a '1%,,x of One the Pound,
tl"tged on the 10-oerietor, and Ninepence. on the
TiOiant or Occupier in England, where the Tenant:
,Paid the Poor Rates, almost without exception ;
uat in Scotlanl, where the Rent was compdrativdy
higher, because the Poor Rates were not paid by
the Tenant, he proposed th4.the.Tenant should be
vharged at the rate of siXpence in the pound.
Ile had endeavoured toobtain from various sources,
the beat -means of fOrming an estimate, of that part
of the Antmil 'Revenue arising from the Capital of
the Country, the improvement of which did not
,in
airy degree depend upoothe personal industry of the
""essor. He knew that . any calculations upon
!Ili4 sullied, must
.be in a great degree coojedural,
I'm greet information had been- derived upon this
tiiabied from the Income Tax ; he should' imagine
taat he would not' be very far from the,truth, or
Nrifiefrom the point, in, estimating the Annual Rey.
I/ePte to which he had adverted, at go
That
part of it' w hich would be assessed under this,
measure, would be somewhere between. 60- an 4 70
!4illions. He cideulated the,Revenue arising from
er.d
&C. at about zS Ntillivtis , !train
Houses and Buildings itot emloyed in purposet cif
.Agriculture, eto but ye it was.r.bbable
'914 riot a.bovi three-fifths would be chatVa'ilonkr,
this measure, -he would.- take it, at six,. insteino of
Ti4is was fur England o-fatSeotlan.d
he estimated it at,3500,6001. The propertruise.
(),"g: from Government Securities, .Bank, ~last India
`l°eic, Corporations, and other Dividends of Char.
14r" Property, lie estimate! at.; Itcoo)"Qh

• .
,NaVigatioot, Tolls, :TuftVikes, .tc,'.bad been esti:.
mated at between five and ten.-MillionS, he Woeld.
,take -it at 7,500,6001. He begged, thCommittee
to understand, that he did not attach any verygteat
degree,of accuracy to theSe calculations; -bet - they
were the best he was .enabled to form. These
wetdd .altogether fOrm ,'e'suni• 0f•67, 500,006. acid
this at one shilling in the pound, or 1.20 th, -would
.produce 3,375,0001. To this he conceived an ad-
dition might be made of .20-Millions .for Tenants'
:Rents, which at the rate of- Duty he had before
-stated, would produce 500,0001. • It would be ex.
tremely difficult to estimate the property arising
from .Salaries and Professiens ;- he supposed however
it might be taken. at, four IVlillions, which at one
shilling in the round, would produce 2p0,Q001.
With regard persons in Trade, theseme difficulty
would subsist in making' an. accurate Estimate,
because much must depend' upon regulations ; but
making allowance for the &dation in all cases, of
this description, which defended upon the skill
,and industry of the individual, he should estimate
the produce under- this head. at one shilling in -the
polled, (With a positive exemption of all cases un.
. der 601. e year, and a proportionate scale between
that and t5Ol. a year), at 62.;,0001, Ti;ese sums
all together would, it his calculations were coned,
prodece a Revenue of +,700,0001. which however
he would only take .at 4,500,0001. , With regatd
to that species of property arising from Govern.
• Ment Securities, he knew perfectly evell the delicacy
A'vhich -had always been felt upon this subjed, -but
he. was sore that it could not be expeeted, at the
present time, that that kind of property should not
be called upon to bear its share jn the general con-
tribUtion, when every other specks was called
upon to contribute so heavily. The question now
was, not what species of property should be cx.
emitted, but in what proportion each species should
contribute ? • It certainly ,was intended that. this
kind of property should be made contributory,
though 'it. was' not' in every instance. He. meant
however now to propose, that all persons possess.
log property in ' the Funds should "lie required to
make returns to Commissioners by whom
was to be carried into execution.. .These Commis.
sioners would not be all of them resident in' Lon.
don, as under the.ltscome.Bill, but they would be
appointed in different :Farts of the Country. They
were to have the 'same powers for certain purposes
as the Commercial. Commissioners. Ail penises
having property
,in the Funds were to lay their Ac.
debits before.these. Commissioners ; and if they did
not do it before a Cett;iin day, they should, he held
to have trade their election, in which ceseporvision
was. made that they should be charged be another
way. It .would he end.e-stood that no person could
be charged except accerdlog to the first provisions
to which he had alluded,' Unless it was by his own
cheice. If the persons dtd: not make their returns
to the Commissioperi at a proper time,,thcie and
in that case wily, the •previsioes were to he exe.
,• 'cured at the, Bank. All agetsts for Foreigeerse and
persons-not being British subjeets; having proprtty
in the Funds, should he exempted :, the Commit..
tee would feel time they could not with justice 'be
included in this impost. When he said Foteignets,
he meant these' opt resident' in England. The,
dot its, therefore, which he meant to propose to cod-
' tinue during the. War, were Customs, 2,000,0061.
Excise, 60000,0001. and the 'Tax on Trol-ttY
I
4400,0001. The Committee, however, 'would be
aware, -that thong!! Parr:wet:or might determine to
raise so large a part .of 'the supplies 'for the. service
of 'the year, .yet it 'must be ObviouS, that a very
considerable part, of this-sum could not be rats.
:ell within the present :year.. He would therefore
only calculate upon the to be, produced by
these taxes io this year, at 4,500,0001. there would.
then remain, x 0,000,0001. to be provided fur the
service of the present year ; this suns must be raised
by way of Loan, and he had this•day entered int*
an.agreement with some respettable Bankers
,of
the City of London, for a Loafs :far ;2,000,0001.
10,000,0001, of which was for England, on the
following, terms every tool._ Sol. .3 per
cent consols, which at 58-1 the price of Saturd.iy,
skOold'be tee, ode---80 reduced at the same
• Ogee, 4.61. 1.4.4. oiL .The bi(%,ling was upon the
lepoteAmmi ties ; thiy were taken at 6s. sd. which
ar 1.7 years and a half purchase, svas 51. 12s. 34:-:•-•
The discount was .21. 6s. which made the whole
atnoeot doll. 6s. 6d. The bonus to the Con.„
frit-tors as therefore 11. 64. 6d. and the interest
per
to be paid by the Public, '5l. as. 3d. r eeet. lie
had to. congratulate the Country, thateunder such
circumstances as the present such a. loan could be
obtained. -Ifeentertained-a sanguine hope that it
.Woulti,prm're a beneficial one to the Ceraraztors,
end he eves sure the Committee would'pattkipAte
in that wish, because although they would wish
that it should be benefiCial to the Public, yet they
would lea that it was essential to the interests of
the Public, that eublie spirited men of thii descrip.
.tion should Oot:sitf,..r by their patriotic euxtions,
Tht *Sent bareetin fur the LouNn was mule bi.ulefi...
clot for the Public than any fortner.goe, with the
exception,, only of the Loans teeo ;led ;Soo, •
but they were made ender circumstances peculiarly.
advantageous, because et that time measures were
adopted fer raising large part of the Supplies
Within the year ; in the further ease, by .-the
for increasing the Assessed,Taies, and in the latter,
by the Inconiel3ill. By the.,effeets of the systeM
1 which wads then adopted, we were furnished with
the best criterion t.,1 the real prosperity and
growing wealth of this Country, because it
was upors the adoptiois et those salutary and vigorous.
measures of Finance, that the two LoanS to which
he had alluded, which were so beneficial to the
COUrary, were contraded. 'I hese fads ought to'
afford to the House a lesson, ;in indoceitett,' .4eel an
eecouragemeet to recur to the same rt. which wal:
adopted at that period; in'the hope of deriving
milar success. He had !sow to suite to the Corn.,
mitteel.the Ways and Means for providing the
• serest of the Loan for 'whielt -would
mike' r 6 Millions of 3 Pet Cent. Stock, the
el:merest would amount to 4.80,-0001., the Long
Atinuitice to 32eeiie together with -the,
Charles of Manage:incur, aed the Oise per Cent. fob
the !Siokitie noide together 676,5801, ; to
meet this Cherge there was file i;n Revenue`
on dos Ceosolid:ltioti of the Customs, tso,ootel. ;
the CensglideL•ioio und :the

•
.rneritation of the Aisessed 'Taxes; 2:14.3501g - The
mode in *filch he should propose tit make up the
remainder was by the .adoption of a meiisure
which had often been recommended, and which
had frequently been under consideration, tic
meant a change in the mode of collecting the.
Tax on Receipts. He would propose that in
all instances where money was to be paid, that
it should be competent to the person by whom the
money was, paid, to demand a Stamped Rec;:ipt. and
that the Amount of the Tax on Receipts
no instance be less than td. or more than 5 Thisßegulation.
Regulation. he supposeo .woald produce zzo,oool.
which, with the two'fortner sums of ,tio,oool. and
250,09b1. (Aqui !cf intke together 6r.0001. and the
Interest vf the Loan was oujy 670,0001.
He would now, with the pen-Inuit'', of the Com.
mittee, recspitulate the different heads of Supply,
and Ways and Means: