The Sun.
London, England, 1819-06-04 00:00:00

PLAN OF FINANCE.

The CHANCFLLOR of the EXCHBRUER moved
the Order of the Day for the House going into a
Committee on the first Report of the Committee
on the Public Revenue and Expenditure, and that
sever.l documents should be referred to the std
Coo rnittee.

The motions were agreed to, and the House
rtsylved itself into the Committee.
The CHANCELLOR of the EXCHEQUER then read
the Resolutions which lie had announced it to be
his intention to 'bring forward. They were ►►s
follows:

Ist. That since the termination of the War, in 1615, the
Property Tax in Great Britain, and other Taxes in Great
Beitain and Ireland, which yielded a revenue of upwards of
18,000,0001. per annum, have expired or • Peen repealed, or
reduced.

r2d. That by an Act passed in the 56th Geo. 111. c. 98. the
rcrenucs of Great Britain and Ireland were consolidated front
the sth of January, 1817, and

That in the year preceding the said consolidation, the net
separate revenue of Ireland was 4,561,3531.. and the charge,
of the funded and unfunded debt of Ireland was ti„410,1231.
including therein the suns of 2,438,1241. as the Sinking Fund,
applicable to the reduction of the debt, and which charge
exceeded the whole net revenue, of Ireland, by the sum: of
1,885,4721., without affxding any provision for the Civil
List, and other permanent charges, or for the proportion of
,supplies to be defrayed by that part of the United Kingdom,
and

That no provision has been made by Parliament to supply
this deficiency.
3d. That the supplies to be voted by a Parliament for the
present year, may he stated at 20,500,0001.
4th. That the existing revenue, applicable to these supplies,
cannot be estimated at snore than 7,0@0,0001. leaving. the sum
of 53,500.0001. to be raised by loan, or other extraordinary

resources.

sth. That the Sin Ling Fund, applicable to the reduction
of the National Debt in the present year, may be estimated
at about 15,500,0001. exceeding the above sum, necessary
to, be raised for the service of the year, by about .2,000,yu0i,
only.

6th. That to provide for the exigencies of the public ser-
vice, to make such progressive reduction of the National Debt,
at, may adequately support public credit, and to afford to the
country a prospect of future relief from a part of its present
burthens, it is absolutely necessary that there should be a
clear surplus of the Income of the Country, beyond the ck-
penditure, of not less than 5,000,0001.; and
That with a view to the attainment of this important ob-
ject, it is expedient now to increase the Income of the Coun-
try by the imposition of Taxes, to the amount of three mil-
lions per
Mr. GRENFELL understood that to-morrow the
Chancellor of the Exchequer was to meet the
Gentlemen with whom be proposed to contract
for the Loan. Now as the Resolutions before the
House must be connected with the consideration
of the Loan, he would take it for granted that
the Chaucellor of tie Exchequer, at his inter-
view with the contractors, would not commit
himself in
,any way with respect to the Sinking
Fund, so as to ant:cipate the decision of that
House on Monday. He hoped the Right Hon.
Gentleman would be careful to leave it open to
the House to provide that the Loan to be raised
'in this or in any other year, should be raised iii
that way which to them might appear most for
the benefit of the country. He was anxious that
before Monday nothing should pass between the
Chancellor of the Exchequer and the Loan Con-
tractors that should fetter that House in any re•
spect, but especidly with respect to the applica-
tion of the Sinking Fund in diminution of the

The CHANCELLoR of the EXCHEQUER said, it
could not be his object to finer the judgment of
the house. The Contractors of the Loan, iu
g their bargain, well knew that all most de-
pend on the decision the House might think it
right to come to on the resolutions which he had
brought forward.
The resolutions were laid on the table. The
House then resumed, and the Chairman reported
progress.

- The Report of the Committee of Supply was
brought up and agreed to. ,

EAST INDIA AFFAIRS.
Mr. Hump, wished to ask the Chancellor of the
Exchequer if in his estimates for the present year
he had taken into account the large slims doe to
the East India Company for services performed at
Ceylon, and (or other transactions in the East.
lle believed the amotio doe 'to the Company to
be very considerable, and this must of course go
to increase tire deficiency in tire revenue.
The CHANCELLOR of the EXCHEQUER had no
hesitation in saying that no provision had been
made for the sums alluded to. He was not aware
in what way the account stood on both Wes, but
be belived the Court of Directors were not likely
to be very pressing on this subject.
DISTRESSED WEAVERS.
Mr. CURI-EN wished to ask the Noble Lord
(Lord Ctirlitle) whether any steps had I been
tdken to relieve the Carlisle weavers.' Their rou-
tine( bad been most exemplary, and now, wittiont

toniplaiiing, they ftnxionAly awaited the ilet.cr-
mina`tion on their Petition.

Lord CASTLEREAGH said, when the petition
came into his han.(l% i►e lost no time,.iu laying it
hoore the. Prince Regent, who immediately gave
dir.ections that it should be submitted to the First
Lot d of the Treasury, that it might' be taken into
consideration. He was not yet enabled to com-
municate any dedsion on it, but the Hon. Mem-
ber could not be surprised at this, as he most be
aware of the difficulties in the way of adopting
:+t► partial measure with a view to afford them