The Sun.
London, England, 1819-06-08 00:00:00

FINANCE-NEW TAXES.

The CHANCELLOR of the EXCHEQUER moved
the Order of the al for a Committee on the Fi-
nance Report.
The motioh was agreed to, Rod the Ilott,e re-
ithell into the Conswittte.

-The CnaeceeLott of the ExcHttatien said, that
after the Report which had been presented on
the State of the Finances, the Uoilse would na-
turally expect that previously to any statement of
the arraogetneota which had been made with a
view to meet the supplies for the current year,
same discussion should take place ou the matters
contained in that Report. It was oatural to ex•
pect, not' only that the general financial state of
-the country should be brought under the consi-
aeration of the House, but also that some expla-
nation should be given as to the-tneasures which
his Majesty's Government intended to propose to
Varliament in the present state of the Fioances,
and as tnost suited to the situation it) which the
country now stood. To titake such an explana-
tion the more clear, and to separate it from the
more minute technical details which it involved,
he had suggested the mode of embodying, in the
form of resolutions, the more general proposi-
tions as to our financial situation, toinicionbered
by the particular details, which would afterwards
come to be considered. He therefore hoped that
the noose would find it better first to enter into
toe discussion of those leading features of our si-
tuation which were traced in the resolutions
which he had laid before the Howie, Ia these
resolutions he bad endeavoured, in as siiort nod
simple a manner as possible, to bring the most
material facts into view, as\ separated from
the details. No reference was made to the
distinct appropriations ; because, in whatever
way these might.,be arranged, and to whatever
degree they might be multiplied, the great ques-
tion mutt always come to be, as to the
proportion which the income of the nation bole
to its expendi tire. It v'as to this general ques-
tion that the Finance Committee had principally
directed t heir attention ; and, with the same view,
he would now take the liberty of recapitulating
shortly the main facts embodied it; the resolutions.
The fit st resolution stated the amonnt of the taxes
of which the country bad been relieved, since the
termination of the war in 1815, to be 18,000,0001.
per annum. Of the particulars of these taxes, an
account bad been just -ilowlaid upon the table of
the House (by Loshington), which collected
the various brandies of the revenue from which
this reduction bad taken place. These accounts
brought together, for the first time, a statement
of these various branel.es, and the proportions of
each. From them it appeared tliat the amount
of these taxes, on an average of the ttvo last-
' years, was 18,700,0001. The second resolution,
stated the effect produced by the consolidation of
the Treasuries of Great Britain and Ireland. Br
that measuie, the whole amount of the Irish Na-
tiottal Debt was thrown into the general mass of
the Debt of Great Britain. Nod .e'e he wished
distinctly to state, that_ he did not mean to say
that Ireland had not, according to her
borne her full proportion of the burden which
was cast upon the country by the %var. At the
time of the Union between the two kingdoms, no
Mail could have thought, that for fourteen years,
in an uninterrupted extent, there should have
been a continuance of the greatest war in which
the country had ever been engaged. Any man
who could then have known it must have beer;
astonished at the amount of the burdens which it
%Todd o:casiou—burdeils of such Inavitmle, Cott