Star.
London, England, 1807-01-30 00:00:00

WAYS AND Kravis.

The Ways and Means to meet there expences were
—firli, the Malt and Penfion Duties, amounting to
2,7so,ccol.—next, the Surplus of the Confolidated
Fund, which, he was happy to fay, was as fully pro-
clutlive as he had calculated, and juflified him in
taking it again this year at 3,503.0001. The next
Article was the War Taxes, which he took at
tg 800,cocl. which (urn even would not cumprife the
a hole of what might be expo ted to be received from
them during the prefent year. He was happy to fay,
that the meafure adopted laft Seffion had been pro.
du&ive far beycnd his mat fanttuine expeetations.—
By the different mode of affeilinent now praftifed,
the Property Tax, which was only taken at ten mil-
lions five hundred thoufand ilounds, aetually produ-
ced ii,5c0,0001. The other duties on Cultoms and
Excite, which were taken laft year at 9,000e0001.
"ow produced nearer I o,occ,cocl. and might be made
Rill mote produaive by loom changes of regulation,
rather than of increafed taxation. He therefore fop.
poled the whole of the war taxes, which were taken
At 1941-'O,OOUL would really produce z hooomool.
For the Lottery he fhould calculate 450,0001. He
alto proptSed an Mee of Exchequer Bills, to the
amount of 2,400,0001. which the prefent !late of the
market would well bear. The loan to be railed this
year was twelve millions, which the Committee
would perceive was much leis than had been railed
in any preceding year of war (the loan of the lad.
;year was eighteen millions.) This would give, as
the total of the Ways and Means, 44,100,0001, which
was an excefs of 4 or 500,0001. over what had been
calculated as the expences of the prefent year. He
thought it neceffary, however, to carry the Ways
and Means fa far beyond the Supply, as to guard
againi. any poffihle deficiency.
He felt that he was addreffing the Committee on
an occafion, where it would not be fufficient to take
a narrow and confined view of the exigencies of the
prefent moment, and merely occupy himfelf with
providing for them ; but he fhould take a general
view of the financial fituation of the country at the
prefent time. In the afloat fituation of Europe,
while the elements of dilcord were abroad, he hoped
the Committee would agree with him, that it was ne-
ceflary to look at the future profpcds of the country,
as well as at its prefent fituation. 1 t was neceffary to
look at what has taken place, and what may be ex-
pea ;41 in future. It was impollible to avoid feeling
gratitude for onr pall deliverance ; but at the fame
time we muff look with awe and caution at that dark'
cloud which now overhangs Europe ; and although
no human eye could penetrate it, yet the times were
filch as called fur all that human forefight, caution,
and prudence could do, to guard againti all poffible
future dangers. And, fira, we mull look to the
gteatefl of all evils, the prutraaion of that dreadful
vifiration of war, which may be extended for a time-
almuft indefinite. Even in Inch a cafe, he trulled.
the country had the means nut only of maintaining
it as it had been maintained, but, if poffible, with
increafed vigour.
He %fluid then proceed to take a general view of
the financial (late of the country. He did not think
that there would be any occafion for him to conceal
any part of his opinions on the lubjea of the finances
of the country, whether they were favourable or un-
favourable. He Should begin with a view that might
appear in tonic degree unfavourable. Inflead of.
Skating that new taxes could always be found to meet
the exigencies of the times, his furprife was, that the
fyllem of taxation had been able to go fo far as it
had. In 1784 the permanent taxes amounted to only
ten millions annually, and then that great flatefman
(Mr. Pitt) who was then at the head of the Admi.
nifhation found it very difficult to find out new
taxes' and was obliged fometimes to abandon thole
that he had firil oholen. Such however had been the
growing pt.( fperity of the country, that the produce
of the permanent taxes at the conclution of the fall
war was 28 millions, and now amounted tc near 32
millio s. It was impoflible not to feel the moll lively
fatistaftion at finding that the profpetity of the
country in every refpeel had kept pace with the
increafe of its burdens. Although every Minifler who
held the fituation he had then the honour to fill, had
imiformly expreftel the difficulties they felt in adding
to the burthefis of the country, yet he by no means
meant to fay, that new taxes could not be found to
meet the intereft not on] yof the Loan for next year, li
but for; many years.' There was nothing in the pre.
rent eirennollances of the country which rendered it
immediately neceffary to abandon the old fyflem of
laying hat taxes to cover thcannual loans, although
'thole taxer' mull produce fume hardfhips and addi-
tionalpreffure to individuals. _

In l;oking forward to the future- procpeils of this

. . .
.
country, there was no iatirnal man who could 01..1
olive upon the return of peace; at all evente„it
~
would be neceffary to look to the poffibility of a long 1
protrafted war. It was therefore neceffary to confi•
der what means and refources we poffefs for filch i
comet.. He conceived that it was an object of the
firft consequence to relieve the fublefta of this cower-
tfi from accumulating burdens of frerTaxes, and
therefore he thought it was deferable that the 'rema-
nent Taxes should not be increased beyond what they
were at prefent. It would be therefore extremely
deferable that the public expenditure thould be pro-
vided tor, without either anticipating the refources
of future years (a principle which appeared to him
unjufi) or without facrificing any of those principles,
which have been (ant:tinned by the opinion of the
nation, on which the public faith and the fecurity of
the public creditor depend. Much as he wished to
`relieve the public from freth taxation, yet he would
not do it at the facrifice of any principle cf national
. faith. The reboot cc: of the country were sufficient
to uphold its honour as it had hitherto been upheld.
Its profperity had increafed in a moll unexampled
manner, and that profperity had not been own% to
1 fortune, or to any of thofe cafualties, which fometimes
givea,nation advantage, but it was the regular and
gradual rank of forefight, of courage, and of pru•
dence. It was from an increafed and increafing spirit
of indliary, and from the progrefs of liberality and
kinitivledge.
. ' The Watt Taxes and the Sinking Fund, were the
two bales upon which alone he meant to Tell, in the
*plan that lie fhould have the honour of fubmitting to
aha Committee. It would therefore be neceffary for
him to Rate the origin and progrefs of thofe which
he canfidered to be the two great and prominent lea.
tures of the political and financial fituation of the
country. The Sinking Fund was created by Mr.
Pitt in the year 1786, and in mentioning the author
of it, he felt peculiar fatisfadion in expreffing his
entire approbation of that meafure ; and it gave him
Ipleafure to acknowledge that this meafure of that
great Statefman was one of the 'non valuable and
important which had ever been adopted in this
country. It was a matter of pleasing recolleetion to
him, that this was a meafure fully approved of by a
Right Hon. Friend, (Mr. Fox) whole lofs they had
more recently to regret. Thole two great and dif-
tin„,anifhed Statefmen died within' the fame year ;
and, although their opinions on many fubjeCts dif-
fered widely, and Tome would naturally prefer the
one, and Tome the other, yet now they were dead,
all would agree that they were truly great and emi.
dent men, the ornaments of the Country, and of the
times in which they lived (loud crier of bear, bear ! from
allpartr of the Houfe). The origin of the Sinking Fund
was mat Iced by the molt puled union Ofall parties
in approbation of the meafure. It came recom•
mended by Mr. Pitt, and fupported by all the ad•
ditional weight that the concurrence and authority
of Mr. Fox could give. The meat-tire, introduced to
Parliament under fuch auspices, has continued_ ever-
fince to receive the approbation of that Houle, and
of the Country. When the Sinking Fund was firft
adopted, the national debt was 238,321,2481. The
annual million, which was the &It finking fund, bout
to the debt the proportion of Ito 238. In the year
1792, an additional fom of 400,0001. was iddeiltil this
hind from the furplus of the produce of cettain.taxes.
In the year :793, on the breaking out of die war with
France, another finking fund was eflablifhe.d, to be
formed of an addition of one per cent. to the interett
of every loan ; but Mr. Pitt ferefeeing that the ef-
feels of fuch a finking fond might be too rapid, pro-
poled that after it fhould have increafed to four mil-
lions a year annually, that the furplus (hoof& be at
the difpofal of Parliament. No alteration had been
made in this Bill until the dote of the war, and then
a new arrangement took place, which pronrifed to
difeharge the debt in a shorter time. In the year t Boa,
Mr. Addington, who was then at the head. of the
financial department, and of the Adminißration of
the country, propofed that there two feparate finking
funds Mould be cunfolidated, and from that confoli-
dation they would, by %Cling together, produce the
cleared circa in a thorter time.

In the month ofFebruary, 1803, at the commence.
meat of the prefent war, the amount of the public
debt was 480,572,4701. The linking fond for the
reddlion of that debt was 6,311,6261. fo that, inflead
of the proportion oft to 238, with which it began,
it was then in the proportion oft to 77 cf the debt
that was to be reduced. The proportion of the
Sinking Fund to the debt was, however, greater now
than at any former yeriod. The total amount of the
funded debt at prefent was 530,351,6891. now ,
unredeemed. The Sinking Fund, which was to be
applied to the reds Linn of this debt, was now
8,331,7091. being in the proportion of 1 to 63 ; but
if the debt was calculated, not at its nominal value,
but at the real money value of about 601. for 3 per
cent. then it would appear that the aanal proportion
that the Sin's; 4., Fund now bore to the whole debt
was as t to 42.
As it was on the new mode of application of the
War Taxea and of the Sinking Fund that the plan
which he had now to propofe would fell, it would be
necetfary for him alto to Rate the origin and progrefs
of the War Taxes. It was in 1797 that the fytlem
•firlt began. The mode in which it was firli attempted
appeared to him to be molt unfair and unjull. The
principle of it was a very great increafe on the Af-
felled Taxes. This mode of taking the expenses As
the abliolute criterion of property, appeared to him
to be extremely unfair ; and although this increafe
on the Atfelfed Taxes was firft propofed merely as
a War Tax, yet, fhortly after, a large portion of
the interefi of the Loan was charged upon thofe At-
felred Taxes ; and when the Income Tax was adopt-
ed in lieu of the increafe of the Aftefted Taxes, this
debt was transferred over to .the Income Tax, and,
by this means, the Income Tax became pledged be-
yond the peliod of the war. This was certainly a
facrifice of the principle upon which it was Tailed,
which was, that it fh.kuld merely be a War Tax. In
the year 180: this tax war charged with no left a
fum than 56,000,0001. It was, therefore, to have
fublitted, not only until it had redeemed-Otte fifty.
fix !trillions, but all., until it had paid the annual In.
.terett of that fum, amounting to I,7ob,dool.4ilituallir.
In the year 1801, however, there was no farther loan,
charged upon the Income Tax ; and Mr. Addinguar4'
who was then Minilter, looking wifely at the fylient,
and cnnfidering in 'the &ft place the relief orthe
country from 'the prefture of this tax, and, fetoudly;
to free its ufoutceS, 4.42. as that it. &staid be better

able to Tupport another coateß, didmoil wifely asf
providently refolve to tiske the bold eheafure of repeat.
ing the income Tax, and of firatintin one year new
Taxes fufficient to pay the intereft-of'ttll the funoi cot
which it was pledged. This was effeeted in noe year,
and by one blow, and the country by that means
gained additional refnurces to maintain the prefect
war. At the commencement of the prefent war, inaeaa
of an Income Tax,ilteTax upon Property was retorted
to, and Bill continned. Be did not pretend why
that the Property Tax Uie)setfealy ecleal in Atop,.
ration. This was a thing not to he expeided in any
human inflitution. It waitnorgily impollible. The
fame thing would apply tolaw as to taxation. The
wifeli laws that ever were framed could not be exAdly
equal in their operation: If from the' fentenee
criminal law any corporal punament was ordered us
be intlided, from the difference of conftitutiont
temperaments, the fame plinilhment would, tint. aget
all perfons equally. He therefore could Ma pretfat
to deny but that the ?toper ty Tax, like every other
gencralmeafare, mull, in fame particular cafes,_be,,'
hard upon fume individuals. It was, however, as- be
conceived, much better than the old Income Tai, f;
got rid of many vexations, and particularlt of eft
inquilitotial power that was fo much complained al. •
It was to this tax that the attention of the Houle war.,
principally called in the lalt fellion. The expenfes of
the country had increafed about fevcn millions, whit
the revenue had only increafed ore millinn. It wit
therefore the duty of Government to propofeacod.'.
derable addition tO the war tan; ; and in difchayse-
of that duty he had in the Safi; feffion pro'pofed that-
increafe. Although it was a confiderable inmate to
the burdens of the country, yet, as he felt it to be
his duty, he did not Ihrink from it. The Property
Tax had confiderably increafed in its prbduce, not fo-
much from increafed burdens, as from the removing
thofe evafions which had fortherly taken place. The
great and permanent foundations for -providing for
the increated expences, and againft the accumnlatica
of debt, were firfi, the Sinking Fund which now pro.
duced 8,300,0001. and the War Taxes which amount.
ed tO 2 r.ccathccol. It was therefore a fubjed of na.
tional exultation and pride that we now• paffeffees
clear income of near 30,000,0001. The great gad
tion then in finance was, how thofe meant were tote.
made molt applicable to the neceffary expenditure of
the country. Although Tome farther increafe in our
expences might be made neiellity• either by the is
creafed price of naval acres, or by future fubfidies to
. foreign powers, yet with fuch a free income war might
be carried on (if neceffary) for an alma indefinite
period without the neceffity of large loans.
The.expence of the country for the next year he
had dated at 40437,0651. The Ways and Means
would exceed that fum by about 500,0001. From the
expence, however, of the prefent year, in calculating
our annual expence, there thould be dedufted one
million and a half for fubfidies, 358,0001. of payment
on account of the Loyalty Loan, which was a
circomaance that would not again occur, and tbis
would reduce it to 38,677,0001.
The Loan, which he fhould Rate for this year it
ta,oco,cool. was to be charged on the laurel! of the
War Taxes ; and the Loans which were to be railed
in the fucceeding periods of the war, would beat
charged on different portions of the War Taxes. It
was propofed for every Loan to take a proportion at
the War Taxes, amounting to to per cent. on the-
Loan and that one.half of this Should be applied u
a Sinking Fund to the reduaion of the debt So'
charged upon the War Taxes, and to let them free.
Fourteen years would be fufficient to redeem aq
Loans to be made in future.

He thought it would be the bell way to confider
what would be the effect of this meafure, as applied
to the Loan of the prefect year. The Loan being
,aoo,oool. would be detached from the
Wait Taxes, in order to meet it, and to form a Sink-
ing Fund or its redemption. This Sinking Fund
would, in the mule of fourteen years, redeem the
Loan of the prefent year, and in the fame manner
the Loan of every preceding year would alfo be re-
deemed in the cootie of the next fourteen years. If
he were to look to a period of.fourteen years of war,
the loans might in the lad ten years of the period
increafe from twelve to flatten millions ; but as at the
end of the fourteen years the loan of the prefent year
would be redeemed, and .as every fueceeding year
would alfo redeem the loan of one year, it would
follow, that even a war of fuch duration would not
exhault the refources of the country, but that they
would be perpetually renovating 'and unimpaired.
Although thefe loans fhould be charged upon the
War Taxes generally, yet it could eafily be arranged
in filch a manner that the Property Tax fhould not
be fettered a moment.after the peace. The tax ought
to be invariably applied, according to its original
inflitution, as a tax during war. For the purpofe of
carrying this fyftem into execution, it would be De.
ceffary to have a (mall Supplementary Loan every
year equal to that part of the War Taxes which
fhould be detached tc meet the intereft of the loan.

For the prefent year this fupplementary loan would
be very (mall, only aoo,oool. • . • .
In the years 1807, i 808, and t 809, annuities would
fall in, which would make it abfolutely unneceffuf
to impofc any new tax, by way of covering the ince.
reft of thole fupplementary loans. In the year 1807
annuities would fall in to the amount 0f'13,0561. In
the year 1808, of 83,0001. and in the year 1809, to
the amount of 173,3431. which made a total, io the
three years, of 279,9991. which would be more than
fufficient for that purpofe. The furplus of this (urn
over the inter eft of the fupplementary loans of the
next three years might be fo sliftributed among the
ne-t (even years, that even if the war mould lilt for
ten years, the new taxes at the end of that period
could only amount to 385,5131. even if there were
no furplus to prevent that neceffity. If, however, on
the one fide, it was fuppofed that the expenses of fu-
lure years would be greater than thofe of the prefento
on account of the increafed price of naval limes, and
other articles, it mutt at the fame time be recolleard
that the produce of the Taxes would probably be
greater alto. It was a pleafing reflation to think
that the war might be carried oh with equal, if not
with greater vigour than it has hitherto been eon•
dulled; without requiring a new tax for the next thtee
years; and that if then we fhould not arrive at peace,
bur that the war was even to be protratted for fevers
years I..mger, the new taxes would then be mere!'
trifling, fuppofing the neceffity eailled of laying on
new taxes ; but that there was every reafon to oils'
E gine' that even in cafe the war fhould be protrarfledo

there would be no tweet)? foe SW Mee. Suppoing
even that at the end of ten yeartthe war Ihould be pro.
traded for ten years longer, even then, although the
supplementary Loans mull of cantle ;novae, yet Rill
at the end of that period the new Taxes could not.
meted 3,459,0001. This was taking almofk as nth-
towable a view of the cafe as could-be had, when he
owpofed the war to UR for twenty years.
Such would be the refult of transferring the intereft
of the Loan to the War Taxes. He fhould now pro.
geed to what he had Gated as the other balls of the
sneafures that he intended to propofe. When the
new Sinking Fund was ellablifhed, Mr. Pitt forefaw
the inconvenience and the mifchief which might arife
from the extinguithing at once a very large portion
of the National Debt. If the two Sinking Funds
bedlam allowed to accumulate to their full extent,
ibbinifcbief 'retold have followed, that at one and
-nate fame time an immure capital would have been
deganyefist, In fait, by returning all their capitals
iO^the. holders of Rock, capital Wolf would ceafe
to hireivalue, and the nation might be nearly ruined,
bytbat which at fira fight might appear a great ad-
vantage- However paradoxical it might found, he
confidered that the fudden extinaion of the national
deka would be an evil almoß amounting to a national
barsteuliscy. It was not merely that the Rockhold.
era would find themfelves materially dißreffed by
having. all their capital returned to them at once,
at a time when no employment could be found
for fuch an immenfe capital, bat all thole who were
engaged in trade would feel the mifchief of it. Their
fair and reafonable profits would be deftroyed, and all
their advantages rendered of no avail, if loch an im-
rnenfe capital were all at once thrown upon the mar-
ker, and they were expofed to fucha competition that
would not allow them either to buy their goods at the
fame price that they formerly eiti, nor to enjoy the
fame profits; for the Rockholders, in Inch a cafe,
not knowing how to employ their capital to better
advantage, would be molt formidable competitors.
It was for thefe rearms that he Rated that the fudden
satiation of the national debt would not only be a moil
lesions injury to the Rockholders, but to the trading
part of the community, and that it would produce the
greatell and moll extenfive mifchief and calamity. It
was in the contemplation of there confequences that
Mr. Pitt had propofed that, when the Sinking Fund
Otould exceed 4.000m001. the furplus fhould be at the
difpofal of Parliament. In the Ad, however, which
was paffed in 1802, for confolidating the two Sink-
ing Funds, there was no provifo of that fort made.
On this account a Rrong and forcible objation was
made to the Bill ; but that oblation met with an
anfwer, which was fufficiently obvious, namely, that
parliament would have it in its power, whenever
the period fhould arrive that the Sinking Fund ex.
ended its proper limits, to apply the excefs of it
to whatever purpofes they might think proper.—
The period appeared to be fall advancing. when
the Sinking Fund would arrive at thole limits, and
then the excelfes of it might he applied to the pay-
ment of the interefl of thole fupplemental loans,
which it might be neceffary to raife. In the courle
of twenty years the turn of pcsoco,oool. money
value, which was nearly the whole amount of the
prefent debt, would be paid off, and every future
debt would, according to the new fyftern, be re-
deemed in 14 years. By the fyßem he had then the
honour to propofe, the fubfilling debt would be paid
• off at WI five years before the time that it would
have been paid off by the old fyflem. The Sinking
Fund of one per cent. was calculated to dellroy the
debt in 45 years. When combined with the original
Sinking Fund, it would have proceeded (after, but
fill the prefent fyftem would go on with much
greater fafety. He Humid again repeat that it was
on this new difpofition of the Sinking Fund, and on
the War Taxes that the fy Rem would reit ; and he
Mould again repeat that the Property Tax fhould by
no means be fettered, after the war, with the mortgage
on the War Taxes. That could eerily be transferred
to the War Taxes of another defcription. We had
already War Taxes on Cuttoms and Excife to the
amount of nine millions and a half, and this would
give an ample fecurity for the expenses of (even years
war, providing alto for the redemption of the loans
which might be to be railed. He had therm that for
three years there would be no neceflity for uew
taxes, and if about that period peace fhould be con-
cluded,Parliament might then confider how the War
Sinking Fund fhould be applied. At prefent he
should not propofe any new burthens, but merely the
continuance of the exitling burthens for tome time
longer. He fhould content bimfelf with recapitulating
the different points he had already Rated, in order to
put them in as clear and perfpicuous a point of view
as poffibte. If the war Jailed but three years longer,
there would be no neceffity for any new tax. If,
after that period, it Mould be protrateti (even years
longer, even then, at the end of ten years, the increafe
would only be 290,0001. annually. Even fhould the
war extend twenty years, the new taxes to be railed
need not then exceed two millions. If thofe refults
Mould be accomplifhed, nothing would be more ad-
mirable than the vail exertions of this country, its pru-
dence and its forefight, which, under the preffure of
heavy burdens, hill arrived at a fyftem which eta-
blifhed and confirmed that profperity which this coun-
try enjoys, not only above anynation whichnow
but which has ever exilled. We were now indeed in a
proud and enviable fituation. We had the means of
maintaining a jail war for any period to which the am-
bition of the enemy might pleafe to protract it. We
were able not only to defend our country and its poll
fe lions, but to acquire more, if the enemy fbould force
us to the continuance of the war; but while the country
had jult reafon to be proud of its known and proved
refources and ability to maintain the war, yet the
people and the Government would remain unaliena-
bly attached to thofe principles which tended to the
peace and happinefs of this country and of the world.
If it could not fubdue the dangers which threatened
the telt of the world, it could at all events furvive
thofe dangers. We were able to bear a war pro.
traded to any length ; and, if that devouring flame
which has defolated fo many countries. and the
Urea regions of the Globe, fimuld Rill be allowed
to fpread its baneful influence farther, blatting, as
it now does, every thing it can reach, and threaten-
ing every thing it can approach, even then, by the
goodnefs of Paoviesseca, this country at kali may
walk unhurt amidlt the general conflagration. It
would hill be able firmly to &cure its •?wn liberty to 1
its pofterity, and perhaps for other nations. It will
be able to hand down to them the Mott important of

-

treats ; to bequeath to thou the noble& of !egad%
namely, the inheritance of thofe rights and liberties
which they received from their anceftors, and which
the ambition and malice of their enemies will never
be able to deprive them of. Not only the profperity
of this country will be perpetually increafing, but the
pure tpdAmbtemiihed faith and honour which has
ever marked this nation, will Rill adhere to it, and
be dircowed in all its tranfa9ions. The charater
of the Britifh people, and the Britifh name, would
continue in undiminifhed 'afire, and its renown
among the nations would long continue unimpaired.
His Lordlltip concluded by recapitulating the different
points which he had before Rated; and Paid, he would
not call on the Houfe to go into an immediate con-
federation of the Refolutions he had now to offer, but
propofed to move the adjournment of them for a fort-
night, or perhaps to Wednefday fe'nnight.
Mr. ROSE find, that after the very candid manner
in which the Noble Lord had brought forward hi;
Refolutions, he certainly would not make any obfer-
rations on them at that time. He would only /ilk
the Noble Lord if he did not know that the annuities
of which he had Ipoken were actually fixed to the
Sinking Fund, and therefore could not be applied in
the manner he had propofed.
The CHANCELLOR of the EXCHEQUER re-
plied, that certainly thofe annuities had been made
applicable, as Rated by the Right Hon. Gentleman,
according to the arrangement in 1786, but that they
had been detached by the fubfequent arrangement of
1792.
Mr. JOHNSTONE thought the Noble Lord's plan
held out hopes to the people of being relieved from
taxation, which he feared would never be realized.
It had been held out by Lord Sidmouth, in 1802,
' that we might carry on war for many years without
any additional taxes, and yet our debt had been al-
ready increafed to fifty millions, on account of Eng-
land, and feventeen millions on account of Ireland.
Befides, the Noble Lord had net taken Ireland into
his account, which was loaded with a debt of nearly
five millions ; the interelt of which fhe could not
pay, and which mutt ultimately be borne by England.
He therefore thought that the Noble Lord was far
too fanguitie in hi- tepee atit.ns and in hiscalculations.
The CHANCELLOR of the EXCHEQUER
raid the Finances of Ireland were diftina from thole
of this C untry. Ireland had na war taxes, and
could not, therefore, be taken into the prefent propo-
WOO& As to the Finances of Ireland, they were
not a (Ojai then before the Houfe.
Mr. H. ADDINGTON laid, that,confidering the
impreflion that man have been made on the Houfe,
after the admirable fpeech and liatement of his Noble
Friend near him, he lhould on no account have ob.
truded himfelf, but for what dropped from the Ho.
nour..ble Gentleman who had fpoke IA but one. He
thanked him for the handfome manner in which he
had fpoken of the meafures of his Noble Relation,
but fhould have been more grateful, had not thofe
expreffions of approbation been accompanied by a
mitiatement, not now made for the fir time, and
not for the firft time contradicted by him. The
Honourable Gentleman had Rated, that his Noble
Relation had declared, at the beginning of the War,
that he could carry on the War without any addition
to the National Debt. This was not true. That
Noble Lord had merely Paid, that fuppofing, but not
at all expecting, that the expences of the War
could be carried on for twenty-fix millions annually,
which had been an average of our expellee for a
given number of years, that then no additional
Debt would be incurred but what the produce of the
Sinking Fund would connterbalancz. In fa&, a
much-larger provilion had been actually made by
him. He little expected to hear this obvious mifiate-
meat repeated, and from the fame quarter.
Mr. PARNELL (in the abfence of Sir John New.
port, who left the Houle through indifpofition) vin-
dicated the financial charafter of Ireland, and Brewed
that its means-were increafing every year.
Mr. CORRY advifed the Hon. Gentleman (Mr.
Johnflone) to be more guarded in his Ratements
refpating Ireland, which, he contended, polfeffed
refources fully adequate to defray her there of the
public burthens.
Mr. JOHNSTONE, in explanation, declared that
he did not mean to caR the ftnallefl reflation on Ire-
land, but fhonld Dill be of opinion, that as that
country had no furplus applicable to naval or military
expences, England would have to pay thole charges.
Mr. CORRY laid, that the furplus of her civil
eltablifhment was applicable to thole ourpores.
After a few words from Mr. VANSITTAR To in fup-
' port of Lord H. Petty's flatement, Mr. HOIMOVIS
reported progrefs, and anted leave to fit again.
The Houfe being refuelled, it was ordered that the
Committee fit again on Wednefday fe'nnight ; to
which day the debate on the Refolutions wan ad.
journed.
On the application of Lord Howie KI Mr. Placa-
vat. confented to pottpone his motion refpating the
Order of Council, from Tuefday to Wednefday next.
The hint Cultoms Bill was read a third time and
paffed.
The SPIAICIR informed the Houfe that the Clerk
had made out the annual EaR India Judicature Lill,
which was ordered to be laid on the table.
Adjourned to Monday next.