Star.
London, England, 1804-04-19 00:00:00

►USL!C ACCOUNTS.

Mr. ROSE complained of foam inacettracies in
the public accounts of the LsR year laid before the
Houle, from which it was impoffible w draw aka
or corral conclufion, upon a companion of the IA
with the preceding year ; for by one fiatement it
would appear there had been a confiderable deficit
in the lan year, while by another it was Rated there
was a cnnfiderable exceeding.
Mr. VANSITTART Ed& he was convinced, if
the Right Hnn. Gentleman had accurately examined
the accounts laid upon the table, he would have
found there was no juR ground for the complaint he
Rated, a; every account whatever, relattie to the
year, was either laid upon the table, or ready to be
tubmiued to the Houle.

SILT,II.
The Houfe refolvedotrelf into * Committee of
Ways and Means, Mr. Alexander in the Chair,
The C H A NCELLOR oftheEXCHEQPER role,
and Rated, that, on a former day, he had apprised
the Houfe of his intention to move. in the Committne
oftrays and means, this day, a vole for eleven ma.
lions, to be railed by Examiner Bills, to discharge
the coin:lading Exchequer Bills not 'provided for,
and to replace thole which would, by fuch means, be
withdrawn from the market. Since that notice, a
conference had been held with perliass on the part of
the Bank ; it was propofed by the Bank to defer the
payment of a million and a half till next year, toward
the renewal of the Bank Charter, which had been
agreed tn, fo that it would be neceffory only to mile
nine millions and a half. This he would propofe to
do by two Bills : the one for railing eight millions.
and the other for a millioa and a half. He felt it
necessary, at the fame time, to date, that there was
no intention of funding any part of the ofaltanding
Exchequer Bills. and to fay all°, that there were no
Exchequer Bills now ostßandlng of an older date
than of the sth of April, aka. He chncladed by
moving two Rerilutions, agreeable to his ftatemeat-
Mr. JOHNSTONE thought the film propofed
was much greater than was nectfrary, as it appeared
from the papers on the table, that of the eighteen
millions of Exchequer Bills that had been iffued,only
1,400,n001. had been paid, which left a balance dill
e:tant of 16,600,0001. which, with Come other fume
he hated, made up the fum 24,600,0001. railed laft
year. Of the extant fum it was propofed to pay off
eleven millions; and now it was propofed to iffue
eight millions more, and leave a million and a half
in the flank. There were seven millions betides, ha
would admit, in the Bank, tinder dilierent ads, that
would not come into the market hat Rill, he con-
tended. there would be fixteen millions afloat, which
he confidered a great deal too mirth. Beides, it was
much too early in the Se lion to resort to this mode
of railing money, and contrary to the precedent of
Lit year. when the Right :lon. flewlernan did not
propnie his Exchequer Bill Loan till the 13th of July.
at which time it was only propore,l to iffue five mil-
linna was neceflary for the Houfe to be acquainted,
in the ISO infianre, with the hudget for the year, in
order ti judge whether the Ways and Means were
liLely to bear out the propriety c! the relent modulo.

for
MCC
Al
as

In
3P
3P
411
SP
IN

feq
cul
del
ow

Dc
int
Bu

tcl

Oil
ha,
Th

By *wag k large an blue fo eatly in tbt Set Gin, tbit
public would lofe a great flare of the advallages.l
which would otherwife ante upon the negotiation of
the loan, which he thought %hoed be much larger in
proportion than the Exchequer Bills, which ought to
be narrowed in their iffue. He owned he bad not
bad time to look accurately into the papers upon the
table, but thole were the obfervations which (truck
bis mind at the moment.
The CHANCELLOR of the EXCHEVER re-
plied, by obferving, that the Hon. Gentleman not
having accurately examined the papers, accounted
for the error ipto which he had fallen ' • for if he had
accurately examined them, he would have found,
that out of the whole outftanding fun, 10,663,6001.
was provided for upon the Malt tax of 1802, 1803,
and 18.04 ; the Property and Perlonal tax of 1803
and 1804 ; and the War taxes of the latter year ;
keying toarteen millions to account for ; of which,
three millions were locked up, in the Battik, provided
for upon the taxes of ;Soh, and thus leaving a refl.
Ngh due extant, of only eleven millions, of which one
ff‘e million and a half was to be bold back by the Bank
for another, as already Rated ; and confequently the
film to be 'aired was only nine millions and a half,
for that amount of Exchequer Bills actually afloat.
He mull entirely differ from the Hon. Gentleman's
argument, that the Loan thould be great, and the
.cider of Exchequer Bilk (mall I for the latter was i
very important refource to Government, and fo
pular at market u never to have been at a &count.
The true proportion Issue depend entirely upon the
quantity at market, and the preference the poblie
gave. This be conceived an anferee to the Hon.
Member i and with rape& to the period of the year
at which it was propofed to make the iffoe, he con-
ceived the Hon. Member equally in error, when he
alerted that it differed totally from the precedents of
former years, u on the sth of April silos, there were
two millions of Exchequer Bills more afloat than at
the prefent moment. This very day too the Bank
'had iffued yoo,oool. for the porpofe of dikbarging
outftanding Exchequer Bills of sso3; and it was
therefore, neceffary to keep up the fupply at market,
tipon a branch of the public fecurities fo much in the
public preference.
After a few words more from Mr. Vanfittart, Mr.
Rote, and Mr. JohnEtone, the refolutions peed.

7,C

Tbe PIANCELLOi at the zxctszczyzß moved two rw
kl-
Thee certain aboweitees mak to Ailjousts sod &Mikan
Mac Cl Mak, fir dm awes yea. be defrayed oat et the
Land Tax sod tbet thepep cal *aft of the Mikis be
defrayed oft of tbe Oafiiiead Ibd he trekod."...Agrea to,
sod ordered to be reported toasemmer. sod the Committee to k
tats ao Friday.
Mr. It 062 moved forfors retort of the mouse of ratebettaer
14th iffued from the stb AFL Ins, to the fame day la aoc, di&
awaking era year, mid the food woo what they was charm.
olde,•-enierL