Star.
London, England, 1822-07-02 00:00:00

THE BUDGET.

The Order of the Day being read for the House to
resolve itself into a Committee of Ways and Means, •
The CHANCELLOR of the EXCHEQUER rose,
and began by observing, that he might be thought to
requite an apology, for submitting to the Committee
a general statement of the finances of the country, be-
fore all the Supplies for the service of the year were
voted. It had lathe' to been th.ught desirable that
all the Supplies, or neatly all, should be voted be-
fore it came to his turn to move for the last Commit-.
.tee of Ways and Means, in which he was to submit
a general statement of the financial operations of the
year. At present, however, he was obliged to de-
viate from that course, in consequence of the un-
usually late period to which the public business had
been delayed—a delay with which Gentlemen on
either side had charged each other, but the cause of
which he would not now stop to inquire into. He
hoped, however, that the House would feel that,- at
least for the remainder of the Session, it was ex-
tremely desirable that they should proceed without
further interruption—(Hear, hear !).—ln the first
place, it would be more convenient that the general
statement should be presented before that period
when many Member:: were, front various causes,
!caving the /Metropolis; and it would tend more to
the furtherance 01 public business, that the several
accdunts should be presented before July. The House
was aware, that ever since the year 1818, which was
the first year in which a Sinking Fund Loan had been
'voted, :Itch Loan had been constantly voted, from
the sth of July in one year to the sth of July in ano-
thel-. The Sinking Fund, then, for the year 1821,
would errire on the sth of July next; and unless, be-
fore that expiration, a vote to revive the application
of the Loan to the service of 1822 was passed, it
Would be impossible, without great irregularity, and
without giving some interruption to the public se:-
vice, to apply the produce cf the Sinking Fund pur-
suant to the provisions of several Acts of Pailiament,
without the loss of a quarter ; fin no vote for the
appropriation of the Sinking Fund could pass before
the Commissioners would have applied three or four
millions to the purchase of Stock, thus depriving the
service of the year of that portion of its Ways and
Means, and producing an irregular operation upon
the ma: ket, by a premature purchase of stock. He
would now go on to state the amount of the sums re.
(pined for the service of the year ; confining himself,
in cases ~here the Supplies had been already voted,
to the Estimates belote the House; and, in instances
where the Supplies had not been sanctioned, taking
care that the items should not exceed what the ser-
vice demanded. He had no wish that any sum should
be misappropriated which might be open to abuse,
or create any jealousy of the Crown. Therefore, in
his project of ‘Vays and Means, he should reserve a
sum large enough to cover the Supplies not yet voted,
limiting himseit to the exact amount. Having stated
thus much, he had now to bring under the consi-
deration of the House the particular items in regular
detail. The Estimates already voted for the Military
Set vice for Great Britain and Ireland amounted to
the sum of 6,530,000/. but the whole expense of
the Army was 7,925,0001. so that there remained
1,393,0001. yet to be voted. The whole expense
of the Navy was 5,480,0001. all of which had
been voted. The Ordnance wasi,2oo,oool. of which
only a very small pal t remained to be made good.—
The Miscellaneous Expenses amounted to 1,700,0001.
of which 761,0001. had been voted for the service of
Great Britain, and 150,0001. for Ireland-, making
together 911,0001. which, deducted from 1,700,0001.
left a balance of 786,0001. to be yet provided for in
this department. Besides the - Ireland,
ss as to be observed, that 100,(
in a Committee of Supply for
country (Hear). '1 he n.xt item •
Out-pensioners of Greenwich 1
of which was 310,0001. Then
Exchequer Bills, amounting to
total for the Naval and Militat7
and the Unfunded Debt, of 1,
the House had already voted 15,
quently there remained to be v'

e item for Ireland, ,it • i
,0001. had been voted
ir the servicabof that
I was the charge for the
I I
Hospital, the amount 1, ,
I came the interest on ill
)
' 1,200,00 a making i 1
ry Services of the year,
17,815,0001. of which 1 .
5,315,0001. and conse- II
1 )
voted 2,500,000 L H.
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