Star.
London, England, 1818-05-27 00:00:00

THE EVENING STAR.

LONDON.

WEDNESDAY, MAY 27, 1818.

THE FUNDS.
rime Of STOCKS THIS DAY AT TWELVE O'CLOCK :
Reduced 78 781 Consols 78{ 79—for Acc. 79H
5.i per Cents. 881-1 per Cent. 96:11
linty Anns.lo7li—lndia Bonds 93 95 pr.
Lich. Bills 16 20 pr.—Omnium par.

The answer of the CHANCELLOR of the EXCHEQUER
to a question put to him by Mr. SMITH last night
via be read with considerable interest. He stated,
fat he considered it almost impossible that the Go-
nnunent could be under the necessity of resorting
to Funding or to a Loan in the present or even in
Se next year. The sum of three millions due to the
lank, it appears, is to be continued as a Loan, but
t a low rate of interest ; and the six millions which
he CHANCELLOR of the EXCHEQUER some weeks ago
a:.nounced it to be the intention of Ministers to pay
off, we Are now assured, will be gradually liquidated
e such periods as may be most convenient to both
parties ; provision being made that no sudden dimi-
Intim of the circulating medicin shall take place, to
abject the Public to those inconveniencies, which
from better experience within the last two or three
years, are now pretty well under stood.
In the nature of things the circumstances of the
Country must improve by the continuance of Peace.
it always takes some time, after a war, for the Capi-
nl of the Country to find a full flow in channels
adapted to the changed condition of the community.
but in pro Portion as it thus finds objects, the demand
fn: labour increases, money circulates as wages, is
upended for articles of necessity paying duties, and
LI improvement in the receipts of the Revenue fol-
lows. Iris has been operating to an extent equal to
tee time that has passed since the Peace—and with
an accelerating ratio; and the consequence has been,
that for some time past each succeeding quarter of
the public receipt has been found to exceed that of
corresponding quarter in the year preceding._

Lt to give full efficacy to the capital and industry
the community, the system of economy should be
svcringly continued.

It will be seer, from the proceedings of the Meets
held yesterday at the Mansion House, that the
anittee appointed to consider of the best means

obtaining an equalization of the Duty on Coals,
flitch presses so heavy on London, and on every
of the country that obtains this necessary ar-
Je by water carriage, has been assiduous in its la-
bors, and that there is now some prospect of the
Doty being equalized throughout-the kingdom.
The LIRD MAYOR, who ptasided on this occasion,
:ally observed, that there was no measure in which
ze po,T rem more concerned than the one proposed :
to the heavy duty at present imposed on Coals
riht to London is often most sevefely felt by the
~:;asses, and indeed extends its inconvenience
rr less through all ranks of society. The
iitti..es addressed to the Meeting set the injustice
sf :4 presant unequal taxation in the strongest
azi that of Mr. JACKS, in particular, was re-
ltt ith very curious and intcmsting information.
s tier.lronan proved by calculation, that whilst
)1 every man, woman, and child on
e paid annually to this duty the sum of
the average in some parts of the
ctm vas only '2s. in :omc Is. 2d. in some 2d. in

la Of If
Reduced,
5.i per Ce
Navy Ann
Lich. Bill
The 2115.W1
to a questio
via be read
tat he coal
lenmerit c
t. Funding
ie next ye
• sank, it a
tt a low n
:he CHatic
a:.nounced
off, we Are
at :uch per
paties ; pr
ration of tl
abject the
from better
years, are
In then
Coantry mt
. ft always
!al of the (
arltpted to
hnt m prdp
ft: labour
T upended f
improve
lows. T:ti
the time dt
as accelen
tiat for so:
the public
tie ccrresi
Lt to giv
Of the con
?trsevcrin
e.
It will
.
. ,g held
Commits
for obtait
alfich pr
ro • past ti
'
fide by v.
re
. Lours, an
Duty beir
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ally obsi
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