Star.
London, England, 1806-03-29 00:00:00

Total Supplies
Dedudt for Ireland a spas of
43.669A00 -
Alfo a• t 7ths for CbU Lilt and
other charges

5•117411
260,w0

5.147.000
411,9z6,0c0

5497.558

Remake, es menet ofEesleed 43t618,472
WAYS AND MEANS.
The Ways sod Means are u ofold--The Mak sod Parana) /Mate
Duties W. 750•000
Grants frees Proceeds of Ships captured peter to
the War
Tle Lotter?, witch kit year produced 314,c001.
end ',bleb Ma pike
of tier eneibldsted Pond kit Year, efti-
Mead at Iker 611111aes, bat which did not pro.
• does C. wadi Mere Is reafoo to believe, how-
IMAM re keeNfed Produce of the loft guar-
lIFOst !way baikly taken for
War MINI. saw s 4 Millions, but wttleit it la my
Inmeles lio prepare to inmate, as afterwards
maks& to 1 p,soo,coo
But, MOP* se bat may be outftand-
ing k Apil. do; usoopoo
Loam

100,030
330000

s tOOO,OOO
1 Bpoopoo

Total - 43,630p00
The Loan I have Bated at eighteen millions for
England and two for Ireland. It will be obferved,
however, that of arrears and deficiency; of the laß
year, there comes into the Ways and Means of the
prefent a turn of 3,800,0001. fo that the loan of this
year, for its own ellimated expence, amounts only to
twelve millions for England.
One part of the arrears of laß year, that which
occurs in the head of foreign fubfidies, it is difficult to
eftimate with precifion. Confidering the manner in.
which the treaties of fubfidy were negociated, and the
balls on which they are founded, it is not eafy to fay
how much other parties may claim, or we ought jualy
to pay. On this head, however, I (hall, on the its.
perk& data we havy, Bata not lets than I,oogioool.
Having pointed nut thefe circumftances to the
Committee, I now come to explain the addition to
the war taxes already alluded to. I have already
pointed at the documents which (hew the rife and
progrcfs of the war taxes. The principles which Brit
led the Houfe to adopt them ; that of making every
effort to maintain the public credit and to prevent
the accumulation of our debts, I have no doubt, will
Rill continue to operate, becanfe it remains equally
powerful. That [Oen; began with tripling the af-
felled taxes when it was deemed expedient by the
Houfe to raife a confiderable part of the fupplies
within the year. That example of dire& taxation
being introduced, the Income Tax was afterwards
reforted to, and at daft the Property Tax now ella-
blifhed. The advantages derived from this mods of
calling upon the financial exertions of the country, .
will heft be teen from the effc& produced upon the
public debt, and from thence the Committee will be
able to judge of the utility of perfeverin in that
fyflem, and following up thole efforts. the accu-
mulation of debt from 1793 to 1803 was at the rate
0123 millions annually, the unredeemed debt in t 793
being 230 millions, and in 1803, being 480 millions.
—Now the unredeemed debt is 317,000,0001. fn that
the accumulation, inficad of being as millions a
year, is only at the rare of 12 millions a year. This
fa& mull demon (Irate the advantages obtained by
that fyllem which they have approved, and what be-
nefit our Ilrength and refources mug derive from a
perfeverance in it. It is unneceffary for me, therefore, I
to (late any opinion of my own upon a point on
which the Houk have already decided. Whatever
my own views of the Property Tax in Tome refpefis
may be, and whether the moll fair and equal in its
operation, yet I have no hefitation in fayinic, that a►
sow laid, sad as modified by experience, it is free ,

from many of the objedions to which the tripling of
the filleted Taxes and the Income Tax were liable.
Compared with there, the Piorerty Tax is the molt
praticahle, fair, and efficient plan which had been
attempted for railing a confiderable fum within the
year. That the meafure is enabliffied, however, is of
itfelf a great deal ; and k mutt be the &fire of the
Houle, by which its principle has been fanftioned, to
render it as effeaual as potlible in its operation. It is
now let agoing, experience has foggefted the ufeful
improvements, and fmorithed the difficulties by which
it was oppofed in plat ice. Being now better on-
derftood, it is calculated to be both more produaive
in its amount, and left grievous in its execution
than at fire. Feeling it needlefs, therefore, to fay
any thing farther as to the propriety of adhe ing to the
&nem of War Taxes, it is my intention to propore
that the duty on property be railed to ten per cent.
It may feem paradoxical ro fay, that this mode of
increafe is preferable to one more gradual and lere
alarming to the public. Such, however, is my opi.
Dion. A gradual rife would have led to the fuppo-,
tits° that this was a fund to be drawn upon to an
indefinite extent, but being railed at once to its ea•
tural limit, there will be left fufpicion of future aug-
mentation. Betides the addition to the rate, I am
perfuaded that confiderable addition may he made
to the produce by judicious regulation. That there
have been fraud and evafion in the payment cannot
be doubted, and the mode of exemption has furnifhed
the greaten facility to the attempt. But stomach.
(Landing the diminution of the produce through that
cattle, I thould have been forty to have deprived 'of
exemption thofe who have a fair claim to it. But
Rill exemption and relief will be extended to thole
who molt [land in need of it, while the means of
evalion will be taken away. The dares molt wor-
thy of being confidered, with a view to relief, are
(mall tradefmen and (mall annuitants, in whole fa-
vour fome provifion will be made. It is propored
that ten per cent. (tall be paid on all property *bon
soh a year, but on produ6ion of the will or deed
conflitutiug the annuity and demonfrating tbt
claim to exemption, the Tax Office will be authorifed
to make repayment. The farther regulation of that
part of the plan will come afterwards to be con&
dered, but the objed is to referee the benefit to that
claire. I have mentioned. The fmall tradefmen
doubtedly are the lealt objeas of taxation, becauft
they have not the means of adding property to Is.
bout, which thofe polreffing property cant and tit.
principle will be to reach, as far as poffible, all theta
who have property. There will be rouse regulation
rerpating hofpitals and charitable innitutions. As
one 'mode of rendering the tax more produaive, I
am happy to nate, that the Governors and Direaors
of the Bank have agreed to receive the duty on the '
dividends at the Bank. Regulations will be adopted
to facilitate the afleffment, and to cafe the labours of
the Commiffioners. For this purpofe itis propofed to
empower the Committioners to make an affeffment of
houres and land for two years, which will (aye them
fame trouble, and it is probable that loch a mode
will be trolly fatisfadory to all. The fum which
this addition will produce is eftimated at five millions.
Another million is expelled from the Cuttoms and
Excite ; and this fource will be the more agreeable,
that it is derived chiefly front the enjoyments of the
higher darns. It is prepared, with certain modifi-
- tions and exceptions, to raife the war duties of the
allows frame one fourth to one third. Tobacco
will be taxed under the Excife. Certain woods corn-
Ing under this branch are to be exempted. An addition
will be made to the duty on Sugar of 3s. additional
per cwt. As this tax has continued progreffively to
inereafe, and the objea of it, from its bulk and Nab-
able nature cannot be eafily fmuggled, there is little
doubt that with the addition it will be produaive.—
The Cultoms then I take at yoo,oool. Under the
Excife an additional duty on Tobacco, and in the
prefent circumfances, and diftribution of ouenavy,
frnuggling being left prafticable, it will continue pro-
dative. This will be 300,0001.
Total—Cotton's and Excite
Property Tax

50:00,000
6 000,ono
Next follows the Loan contraßed for this day,
which, I am happy to fay, is not only upon terms ad-
vantageous to the public, but from what I haft heard
is beneficial to the Contractors. The terms are,
For every tong advanced, too Three per Cant.
Oughts. at 6of 6o 7 6
66 Three per Cents. Reduced sq. 39 3 9

Amount of Dirconnt on prompt pa ymcnt

99 £1 3
3 zo 0

103 t 3

So that theintereft paid by the public Is under 5 per
Cent. being £4 19 7
To cover the intereli, one per cent. linking fund,
charges, acc. on this loan, a fum of 1,136,0001. is to
be provided; which I propole to do in the following
manr.er •
propok to render the Wine Duty, already milling and made
permanent, applicable towards the Interoft of
the Loan. which will give us
A Duty on Pig Iron of aoL per ton. Thin Tax was
formerly in contemplation, and as the oWeet is
DOW greatly extended In life, and as soo,ooo tons
was the quantity then manefaCtured, I apprehend
that the quantity may be ealmated at zsopco
tons, which at ans. will be
Upon this head there will be Countervailing Duties
on Foreign Iron, and a fair drawback will be al-
lowed. This Tax will be under the lixcife.
The third oiled Is, a Regulation of the Dudes on
Tea. Formerly it was intended, for the relief of
the lower claff,s, that no tea fuppored to be ufed
by them (bout,' tall under the tax. But the fad
is, either that the lower elates, preferring a better
article, do not buy the Inferior kind, or the yen-
den mix it, fo defrauding both Government and
their Cußomers, the Inferior tea Is not fold. The
Equalisation of the Duties on lea is expeCted to
produce
Next I prat:wife, that, as there is a conftderable Tax
on Auctions, there ihould be a Tax on Appraife.
ments • both there modes bring adopted to give
the hiihett value that can be procured to obJeCts
(old. I eftimate this Tax at
one half the Duty on Auftions

ioo,coo

66,000

Total t,t36,000
Befnre ( fit down I wish to explain a circumllance
ref-peeling the E.limate of the Civil Lid, in which
these isa deficiency of tgk,oool. from the Eilimate
being exceeded. To make good this his Majelty has
been advised to apply a farther sum from the captured
(hips, In that the burden may not fall upon the pub-
lic. 1 moil add, however, that it is defirable not
only to rave any additional burden to the public, but
to take effeCtual measures to prevent loch deficiencies
for the future.

74F.7r7f

His Lordthe then proceeded en recapitulate the
different items of Supply end Ways and Means as ' '
above flared.—l with I could fay that the burdens i
which I have now felt it my duty to propofe arm
light ; but, as I do not think fo, I will not In repre-
fent them. At the fame time, I fhould think ill of
myfelf by thinking meanly of my country, if I
could entertain a doubt thit they will be fupported
with that conllancy and fortitude which are the moa-
dill ingu tiled feature* in the character of any country,
but which I may venture to fay are prominent in this.
I feel myffilf jultitied in dating. that if the people of
this country would have borne theft burdens with
cheerfulnefs formerly.. they have now additional mo•
tires to do fo—now that we are placed in a coif,' of
our affairs—now that by the failure of our hopes
from the tco•operation of Allies on the Continent,
we are left to our own refuurctss, and to our own
exertions. In loch a moment, the people of this coUtt•
try will call forth all their energy, and Mew themfclves
equal to any difficulties with which they may have to
contend. As they feel too that they will be called.
upon to bear thole burdens only fo long as the War
is necaffary, fo they mull know that, if it is necelfary,
the contell involves in it every thing they hold
dear as individuals and as a nation. They will bear
thefe burdens the more cheerfully too, feeling a con-
fidence that what they contribute will be anftly ap.
plied and economically adminiaered to the purpofes
for which it lashes. They know that if any let of
men ever were pledged for economical Government it
is the precept Mettler', and if they foram from that
pledge they mall retire from Offices carrying with
them their own condemnation and difgracc. The
Public. however, feel this confidence, both from the
character of the preffint Minifters and from the be-
nefits lately derived from inquiry, particularly from
the labours of the Naval Commiffioners. 'fhefe thing',
infufe confidence into the people, and they rapport
Minifters in the ceconomy they with to pradife- In
the office I have the honour to fill, I have already
experienced thofe advantages, and from tbe Corn-
miffion of Military Inquiry, emulating the condo&
of the other Commillion, I truft that farther benefits
will be obtained. Confident I am that Miniflas will
be defirous to follow up the plans and improvements
which thefe inquiries may fuggea. In the mean time
I am happy to fay that Reps are taken to recover the
(urns 101 l to the public by nalverfations in the Wei
Indies, and meal-tires are adopted to put a flop to
thole (cents of fraud, perjury, and pectilation, which
have too long prevailed. Minifters are doing, and
will do every thing to purify the adminiarsten, by
the means • with which they are entrußed ; ands
feeing this, the people will be flat farther difpofed to
bear their burdens with chearfulnefs, and to exert
that fortitude and courage they have fo often dif-
played. If there be any thing in the alinements I
have made, in which I feel pride. it is that there is
no concealment in them. The notoriety and publi-
city of our public accounts and financial tranfatlions
is one great carafe of the public credit* That publi-
city it (hall be my endeavour, as far as my humble
efforts can go, to promote. It is recorded of an old
Roman moralift. that he wiffied to build his houre in i
fuch a manner that it Gould be open to the view of
all, and that his conduct might be liable to the ift-
fpettion and cenfure of his fellow citizens. Tito pia-
ci* of this with I am deftrous to fee rated upon in
our fyftem of finance $ and to extend the familiar
acquaintance of the public with fubjeas of that fort
'ball be one of the points I atoll keep moll Readily in
view, convinced that this publicity is the circumaance
moll calculated to remedy that conßitutional evil
which has been thought molt incident to the increafe
of our public burdens. He concluded with moving
his firft refulution.
Mr. FRANCIS obferved, that the great labour
which the Noble Lord appeared to have bellowed oa
his fubjett, and the ability with which he had opened
it. did him high credit. fie expetted this, however,
but the Noble Lord had certainly exceeded the hopes
of many. There were two points to which he willed
&only to advert : The fira was of a fatisfattory na-
ture ; the fecond was rather matter of regret: The
fatisfattory one was, that the Noble Lord- had been
enabled to perfuade the Governor and Company ot
the Bank, to deduct the amount of the Property Tax 1
from the income arifing from the fund'. He congra-
tulated the country on this head, and the rather, be.
caufe the fame thing had been refilled on a former
occafion, though it was admitted to be a proper and
kilt thing. The matter for regret was the great en-
creole on the Property Tax. He was not fatisfied
with the reafons which the Noble Lord had given for
this, and certainly it would be received thrunghotit
the country with a feeling of the keenett diarels and
diffatisfaCtion. He Rated, that it would be an objec-
tion to the tax that it thupld be impefid gradually s
and that therefore it was better to raffle it to to per
cent. at once. The remedy was worfe than the dif-
cale. He (Mr. Francis) for one, would have liked
better if the Noble Lord had founded this on the nes
ceffity of the cafe; and he did not welienderttand
how doubling a tax at once, was a les bravy burden
than railing it gradually. But in ;KIM& to this,
after the burden was doubled, where was the feeurity
that it world not Rill be gradually augmented
The CHANCELLOR. of the EXCHEQUER
Rated, that the Bank had been induced to undertake
the receiving of the tax 'wiling from funded property,
from having obferved the inconvenience attending
the other mode of collecting it. As to the other point,
what he hated might be erroneous, but he could only
repeat that he thought it better that the Property
Tax Arnold be railed to an amount at which it was
likely to continue for force time, than that it fhould
be gradually railed.
Mr. ROSE would not follow the exempt,. of the
Hon. Gentleman oppofite, by oppofing any of the
taxes. He had no intention of tiling at all, had it not
been fur what the Noble Lord had fail towards the
clofe of his fpeech. If he had confined himfelf to
eulogiums upon himfelf and hi, friends, he would have
(aid nothing, but he had proceeded to cenlvire the
former Adminifiration for the frauds and perjuries
committed in the Welt Indies. He himltlf (Mr.
Role) was the perfon who had detected thefe frauds.
and the remedy which he propofed wit., that Commit--
(loners should be appointed, and fent to the Well
Indies, with a view to examine into them—they went,
and did their duty. Their proceedings had been
referred to the Crown Lawyerr, and they would be
able to :late why it was impolfible to bring the der
linguini' to juftice. It was but jolt. however, that
1 the Emmet Administration fbould be allowed the I
. I

Merit of having done their duty. As to the publicity of
the financial Ratements, this was owing to that great
man, the lofs of whom the country had In much
reafon to deplore. He had probed the fubjett to the
bottom, and it was impoffible to make the accounts
more pedal than he had made them. He did not
• with to enter now upon the tares particularly, but he
mutt obferve that fome of them would require a great
deal of confideration.
The CHANCELLOR of the EXCHEQUER
denied that he had charged the late Adminiltration
with the frauds and perjuries committed in the Weft
Indies. He had only Rated a matter of tad, namely,
that fuch frauds had exifted, and did cult, and that
neither had they been prevented, nor had the offen-
ders been brought to jullice. As to an eulogium on
himfelf, he had only Rated the neceffity of economy,
and the refolution of the prefent Government to ad-
here to it.
Mr. ROSE referred the Noble Lord to the Ad of
Parliament, ro fee what had been done to check the
abates complained of.
I'he CHANCELLOR of the EXCHEQUER re-
plied, that the objet of the Aft had not been attained.
Mr. PERCIVAL faid, that the charge, if not di. I
redly made, it certainly appeared to be infinu net],
from the manner in which the thing had been men-
tioned by the Noble Lord. He would find the proceed-
ings on this burin& in his office. Voluminous reports
had been laid before him, (hewing clearly that frauds
exited ; but there appeared to him no legal evidence
to convil the offenders. The fault, therefore, if any,
lay at his door, and the doors of thofe who examined
the Reports on that occafion. He concurred with the
Hon. Gentleman on the other fide (Francis), that the
Basement of the finances was clear, luminous, and
fatisfaaory. There were circutnftances, however,
which mutt be afterwards conlidered ; but he could
not forbear at prefent hinting at what had been
blamed by hit Right Honourable Friend (Mr. Rofe).
namely, the propofing of Ways and Meant beyond
the extent of the fupplies voted. This was the great
blemifh in this day's proceedings. The Noble Lord
might have had the fupplies voted left week,hnd have
made the bilkers fomewhat correct. His (Lord
Henry Petty's) Right Honourable Friend on hie right
hand (Mr. Fox) would agree with him that there
was fometbing objectionable in the prefent proceed.
ling. He may have mifunderftood the Noble Lord,
but he certainly thought that his proceeding was
liable to this objettion As to the general fpirit of
the Budget he thought it deferving of the higheß
praife ; but the produce of tome of the taxes would
by no means, in his opinion, anfwer his expectations.
As to the property tax, it would be found no eafy
matter to manage the exemptions and deductions in
the manner propofed by the Noble Lord. However,
be approved of it on the whole, and the more as it
was brought nearer to its original Rate, as he had
prepared it under the adminiftration of a Noble Lord
(Sid/Routh) now in the other Houle. It would be
extremely difficult, he thought, to coital the tax on
appraifements, and this he Paid from the experience
he had of the difficulties attending the collation of
the tax on autti••ns. He concluded by again ex-
preffing his approbation of the budget on the whole.
The CHANCELLOR of the EXCHEQUER. in
order to thew that the Supplies voted exceeded the
Ways and Means, again Rated the amount of each.
The Supplies were about so millions, the Ways and
Means nearly xe millions, fo that the ears of the
Supplies was about (even millions. The exemp-
tions, he thought, would not be fo difficult to be
managed as might perhaps be imagined. The pro-
duttion of the deeds and wilts would Phew their title

to the repayment. The appraife.ncutc wool.: be the
fubjeft of future confideration ; and he would be
- happy to receive any alliflance that the Right Hon.
Gentleman might be difpofed to offer.
' Mr. PERCIVAL obferved, that the Noble Lord,
in his flatement of the Supplies, took in the Pcrma
nent War Taxes which were not granted by Aeh
paged in every-year, but by one aft which provided
for their continuance during the war, whereas the
Ways and Means ought to be limited to the Supplies
. voted within the year. The Tax on Exchequer
• Bills had been found not to be produftive, but with
. a view to make them Cohe referred to the Noble Lord,
whether it ought not to be received at the Bank in
-the fame manner as the Tax on Fulded Property, or
whether it ought not to be dropp altogether ;in
'which cafe they would bear a higher price in the
market, and the public would ha►e the benefit in
. that Way.
The CHANCELLOR of the EXCHEQUER ad-
• flitted that there was a permanent Aft for the War
Tares, but particular votes refpeding them were
palled from year to year.
Mr. Secretary FOX admitted that the Ways and
Means ought not to exceed the Supply, but contended
that the objeft was to prevent Government from
railing money by Ways and Means till the Houfe
bad an opportunity of recognizing the neceffity of
the Supply. The War Taxes, as had been Rated
by the Noble Lord. were regularly voted for the
((nice of the year. The furplus, if any, might be
properly applied to different fervices ; for inttance,
to the Sinking Fund. But his Noble Friend would
take care that the Ways and Means fhnuld not ,ex••
ceed the Supplies to be voted. He admitted, however,
that there was confiderable inconvenience in bringing
forward the Ways and Means before the Eflimates
for the Army were regularly before the Houle, and
it was one which ought at much as poflible to be
avoided. But the fame fort of inconvenience was

felt la( year in the vote with regard to the Sublidies,
the amount of which depended upon Treaties with
Foreign Power, which at that time wet e not in great
forwardnefq. But thooph he a,'rnittcrl the incon-
venience, b. denied that • hcre was any thing in this
proceeding which con. tt rat.l.:d any fired principlt.—
The inconvenience if tiLlaying the bringing forward
of the Budget till the Army Eallll4tCll could be regu-
larly produced, would, however, have been greater
than the one under which they at prefent laboured,
end Government had only the choice between the
two. Now with regard to the words of his Noble
Friend refpeCting the frauds and abates in the :Welt
Indies, he mull fay that he was taken up int* very
bally manner. He had heat d him perfeltly,but had
no idea that he had brought any charge ag nit the
late Adminittration. lie had, on the intrary,
praifed highly the fchc:ne of the Sinking und, in
which he cordially joined him. He had card no
charge againstthe late Adminifhatinn ;ht he con-
fidered it fordetvhat hard and unfair that cis Nablei

•

Friend Amid be prevented from raying that It war
the intenti-n of Government to adopt means for put-
ting an end to frauds and perjuries, merely left he
fhnuld be underftnod to bring a charge againß the
late Minillry. The remark was certainly not improper
in itfelf ; but how long was it finee thole abufes had
been deteeled ? ten years was it ! (r.o ! noI from* the
other fide) How long then? Only five year: ; very well.
On the firll view of the thing it might naturally enough
be thought that there was no neceffity for fuch a long
delay in bringing the offenders to jullice, or doing
fomething in the affair. But, however, he did not
mean to fay that the late Government had not made
exertions to put an end to the frauds and abufes to
which he had adverted. Now as to the Tax on Ap-
praifements, if the frauds in the 'Pax on Auffinns
could by this means be prevented, it would be a great
objett gained. It would be proper that this fhnuld be
confidered, and any alliance that might be given by
the Right Hon. and Learned Gentleman on the other
fide would he thankfully accepted. There were alto
difficulties on the claims to the exemptions, and this
point might, no doubr, require confideration. With
tepee/ to the Tax on Property, he concurred with his
Noble Friend, that it was better to taife it at once to
the amount at which it was likely to hold during the
war, than to advance it gradually. It might be laid,
and it hadheen raid by his Hon. Friend near him (Mr
Francis), that there was na fecurity againft its being
flill gradually railed. But then, he certainly thought
that the relent mode wa► preferable to advancing it
t per cent. in one year, and one and a half per cent:
in annther year, and fo on, which would at lafi lead to
a conflant gradual advance, which might in the end
annihilate all property. This he had slated on a'
former occafion to be his great.objection to fuch a
gradual advance. Gentlemen now, however, might
be at reit upon this head. It had been laid, that his
Noble Friend had praifed himfelf ; but what had
he laid ? He Rated that every means would be
adopted to check abufes, not in contradiftineti-n
to any thing that had been done by another Mini-
firy, but merely as a fadt, and the grounds on which
he Rated this refolution to reit were, the Reports of
the Commiffioners of Naval Inquiry, and the labours
of the Military Commiffion, which had certainly been
appointed by the late Adminiftration. Thefe were
the reafons which he had given for his expellation of
public confidence and fupport. He had given a noble
pledge, and he had no doubt he would adhere to it,
which relied upon the truell principle that could pot
fibly be Rated, and this was, that no exertion would
he (pared in attending to, and inveftigating abufes dud
their caufes, with a view to find out the means of
correcting them, and infpiring the public with a well
founded confidence that their money would be pro
perly expended, which was the only thing that could
induce them to bear with chverfulnefs the burdens
which it was neceffary to impofe upon them.
Mr. ROSE and Mr. FOX, mutually explained.
Sir VICARY GIBBS adverted to the proceedings
relative to the Well India abufes, and confirmed the
Raiment of his Right Hon. Friend (Mr. Percival),
that the want of legal evidence was the only caufe
why the offenders had not been brought to trial.
Sir WILLIAM YOUNG Paid that he had never
objeCted to a Colonial Tax, nor would he do it now.
ile nly role to let the Noble Lord right as to a fad.
lie had Paid that the prices of fngar at prefent bore
him nut in the conclulion that this article was a pa-
per fubjeCt of taxation. He could fay, from his per-
fonal knowledge, that the owners did not, fince the
year 1798, get more than two thirds of the price
which they had formerly received. As they had not
the home mat ket, he hoped that a proper drawback
would be allowed, that they might at lealt have the
advantage of the foreign market.
Mr. HUSKISSON alto thought that the lama re-
maining in the Treafury, unexpended in Jan. tBo6,
Arnold be conlidered as fully balancing the deficiency
of laft year. He begged, likewife, to remind the
Houle, that, in the left year, an increafe of more than
four millions had taken'place in the produce of the
Permanent and War Taxes. When to this it was ad-
ded, that the amount of the debt contrasted within
the fame period, had been only twelve millions, and
that the operation of the Sinking Fund was advancing
with fuch rapidity, be trulted there was reafon to ex-
pee, that, at no very diftant period, we fhould be able
to defray even war expences within the year. Vari•
ohs caufes required a greater Loan this year, than
that of the lett ; but he trolled that there caufes
would Coon cure to operate, and that future Loans
would not am-runt to more than twelve millio'ns. He
coofidered the Taxes propofed by the Noble Lnrd as
liable to as few objellion, as any others which could
be fuggeßed. The plopoled addition to the Property
Tax met with his warm approbation, particularly as
it (hewed that the Miniftry were determined to aft
upon that principle, which had been laid down by his!
late illuftrious Friend, namely, that of railing as much
of the Supplies as pollible within the year.
Mr. VANSITTART entered into a general an-
Ewer to the obfervatinns of the preceding Speaker ;
and took that opportunity of paying a compliment
to a Noble Friend of his, the late Chancellor of the
Exchequer, who had uniformly ailed on the principle
of raifing the Supplies slithin the year.
Mr. STURGES BOURNE related what had
been laid by Mr. Percival and Sir Vicary Gibbs, on
the tubjeCt of nhules in the Welt Indies. He trutled
it would appear to the Houk, from their fiatement,
that nothing had been left undone which could be
done for the prevention and correffinn of thole abufes;
and he was lorry that the Noble Lord had introduced
the fubjeCt in fuch a way as teemed to throw an
oblique, though unmerited, cenfure on the late Ad-
, miniffration.

Lord TEMPLE prof-tiled, that he certainly could
have no with to throw blame on the eondua of the
la*' Chancellor of the Exchequer in this affair ; but
he felt it his duty to lime, that whatever Reps had
been taken to Correa the abufes complained of, fosse
of them exiled up to the prefent moment. He par-
ticularly fpecified that of the embezzlement of pre-
miums on Government Bilis of Exchange 'tom the
Weft Indies.

Mr. HUSKISSON Paid, that a profecution was at
this moment pending in the Exchequer, egoista a
perfon high in office us the Weil Indict, on this very
account.

Mr. ROSE laid, that had tbe Noble Lord taken
the trcuble to examine the records contained in his
(Ace, he would have found that Repsbad been taken
for correeting the evil in quailing.
Lord TastrLf explained.

Mr. PERCIVAL raid, that whatever Reps might
have been formerly taken for the removal of the evil,
yet new culprits might arife, whole cafes might re.
quite the applicachm c:f additional remedies.
Mr. FOX complained, that after the abufes had
been known to exill for five years, no general plan
had been deviled 14 preventing their recurrence, and
that matters had remained in precifely the fame Bate
as when they were firlt difcnvered.
Mr. LONG begged to know, how the fum of
go,oool payable as inteielt on the Loan from the
Bank, was to he provided for ?
The CHANCELLOR of the EXCHEQUER an.
fwered, by Exchequer Bills.
The feveral Ref lotions were then agreed to, and
the Report was ordered to be received to morrow.