The Sun.
London, England, 1857-09-12 00:00:00

SERVICES SHOULD BE TAKEN.

The difficulty which has hitherto prevepted the ex-
tension, of the principles .of , account ex-el apprepriation
check applied to the naval and military accounts to the
accounts of expenditure for civil services, has arisen from
the delay which takes place in Parliament,in voting the
estimates, for civil services. These votes being passed
generally, late in the session, it has been considered im-
possible to adopt the principle applied to the naval and
military grants, of providing puly for the 'payments to
be; made in the financial year, Your committee; are of
opinion that this difficulty. may_ b overcome by taking
one aggregate vote, upon account, for such civil ser:
vices as have already been sanctioned. by Parliament id
the previous session ; and in order to facilitate this
practice, it is recomme -.ded that all salaries "or the last
q !tarter shall be payable on the 31st March in each year.
The amounts thus made applicable to each separate vote
for civil- services should be stated in a schedule, and
deducted from.the amunts to ha voted to complete the'
grants for the year.

A course
.. similar to this has been adopted in the present
year, except.
,that the votes have not been limited to the
provision required for meeting the payments to be made
in the year.

. .
Under this arrangement, the. sec :ants could be closed
soon"-after the termination .ef.. the year for aIL home ser-
. vices ; and as regards payments made abroad, imme-
diately on receipt of the accounts of payments made
to the 31st March, all unexpended balances should he
surrendered; and grants unapplied, but required for the.
censpletion of the services to which they had been isp-'
priated, should be revoted.
B.—THE ANNUAL ACCOUNTS OF INCOME AND EXPENDI-
TURE TO BE FOUNDED, ON ACTUAL - RECEIPTS AND
PAYMENTS.
his provided by the Act 1Q Geo. IV., c. 27, that, for
the purpoee of ascertaining the annual amount of surplus
revenue, the Treasury E hall cause t-, be prepared, after -
theexpiration of each qua:tr, au annual account, showing
the actual revenue and cxpenditure of the United King-
dom, in the four quarters for the whole year imme-
diately preceding such quarter-days respectively,
according to the actual receipt and issue of moneys
at the Exchequer ; and on the 24th section of the
Exchequer Act (4 Will. IV. c. 14) requires -that the
expenditure in such account, so far si it relates to Great
Britain, shall be made up from the
,credits granted to
the Exchfuer. Yourscommittee are satisfied from the
evidence taken befOre thew, that an account. of, Beebe
-
yak credits cannot represent a true account of expendi-
ture ; they therefore ' recommend that the basis of the
account 'should be the actual payment pf the several
payinasters to whoin tboSe credite are granted:
9.,--REGULATION 'OF THE TREASURY CIiEST FUND.
Full information as to the mature of this fund, and the
steps taken to t ring it under proper regulations will be
found in.the Appendix, No. 3, to the Report of the Com-
mittee, in 1846, pp, 589 to 61?. This fund was formerly
known as, "Army Extraordinaries," and subsequently as
the i" Commissariat „Chest Fund." The .object of the
fund is to previde the, means of carrying on the public
service abroad. Under existing regulations , a royal
warrant defines the, objects for which it is to be em-
ploye4, and prescribei that accounts shall be prepared
annually by the Cornmizsioners of Audit, showing the
sums paid in and out of the‘fund in the financial year,
and the assets and liabilities of the fund at tbe close of the
year. These accoants have been regularly laid before
the Rouse of Commons since the let April, 1846.
-Your committee concur in the propriety of the regula-
tiona under which this fund is administered and the
accounte,are.Trepared.; but they recommend that, in-
stead, og relying on the security of a royal-; warrant far
the maintenancee of thteee, regulations, -they. should
confirmed, by an Act of.,Pialiaroent. The objects to
which 'legislation ih'ould be directed in regard to this
lend are the followinie
Ist.. TO limit the amount of the balance' to be retained
at theecredit of the fund, and to provide that, if it shall
at any time 'exceed the' limit,' fixed by law, the surplus
shalt be paid to the antiablierated Fund:
_ _ _

2,1. To provide that no final expenditure eball be
charged -upon the fatuL! - '

31. 'Co provide that-the fund shall only be employed
for the legitimate. banking operations of the Treasury
cbeits, and for advances for public and colonial services,
repayable out of votes of Pailiarasnt, or other funds
applicable:thereto.
4th. To provide that accounts shall be laid before
Parliament every year, showing the cash operations of
the fund at home and abroad during the financial year,
and the assets and liabilities of the fund at the close of
such year. •

Your committee are aware that the important and ex-
tensive changes which they have suggested cannot all be
immediately earriedvinto effect ; but they believe .that
the continued attention of Parliament and of the Execu.
are Government to the subjeot will secure at no distant
dataall the objects embraced iu their recommendations.
August 18,.1857.

LOCAL: SHARE MARKS-Td.

LIVERPOOL, SErr. 11.

STOCK Ei(nrANar.-=-The transactions in this market
have been moderate, but an improvement in tone is maul-
fest,...and prices of all the leading stocks closed steady.
Eastern Counties, 11i -Caledonian, 41i—North British,-
12$-North -Union (4-219—Chester and Holyhead, 17/—
Lancashire and York-shire, 100V.-4idland, 82i 3
Lonclen and N(ith-WeSterns, 100 Oli—Xortli Eastern,
Btlrwicki 231--Birkenhead, Lancashire, and Cheshire, 661
—Great Western, of Canada,.: -- 21iSheffields, 41 a
Grand Trunk of Canada, 124—South Eastern, 2l

MANcIiESO4. SEPT. 11,
The market was rather inactive
to-dei, and `a, leSs amount of business doing ; prices lower,;
—Manthestei', Sheffield, 'and' Lincoln' 42----Dosers, 21 3-16 prefi, 22 11-16--,Eastern Counties, 14
Great Western, 55i--London and North Westerns, 100
East.Laricashire; .961 --Qratid •Trunk
,of Cauada, 121—
Lecds, 1.00. --SheTeM. Pref., 1184. • .

, .
4IIBg4rdIIAM SEPT. li. •
. STOCK EXCHANGE,. --, Thp ,market bias . been dull to-
day, And kicos-haio, been the turn lower. Midlands,-, 82
--touchin atilt inth.Western; 100 }-Shrewsbary and
Herefords, 8f —Eastern Counties, 11} 111---:,Sliropshire
lluionk.4o4.—Gruat •Westerns, .541 55—Birmingham. and'
Stour Talley, 8},i.., ; , ' • , - <