Star.
London, England, 1804-05-04 00:00:00

With refpea to the Property Tax it wonhi be re-
.4:Alec:led, that it had been originally flared so the
Houle as likely to produce (oar millions and a
half, from which ell:mate a million was after-
wards deduacd, is confequence of the alterations
which took 1-hoe in the Committee. It now appear-
e:l by the ace ital.: hid oiloo the table, that the net
produce rsr the Propetty Tax s as calculated, by
thoh: bell to litclte, at • i&oo,cool. ;lllow-
;n.; for all the ab..tvments which had taken place.—
ciimate v. as t,o-rneS upon a calculation, found•
ed ran the let n., already received, that the gra::
produce will be al,out fix millions. From this grofs
produce dedo,,noni arc allowed to the amount of
:•..v1; and if, in the progrefs of the o'oi-trent,
they thould turn out to be lefs than this allow-
ance, the net produce will proportionably exceed
4,n0...,,07'c1. It was very IciAaElory to obferve, that
this tar will be charged on a net annual revenue of
individuals, to the amount of at leaf 420,000,0001.,
while the total on which the Income Tax WAS charg-
ed, did not exceed fic..,ooc,cool.—and that the in-
ert:tie of affelfments on Commercial Profits, kept
pace with that- on Vifible Property ; as there were
in lames in which the profits returned for the whole
of conliderable tyiwns amounted to roore than'dou-
1' blc the returns to the Commercial Commillioners
under the Income Tax.

Tittle circumftances, he conlidered as warranting
Lint in alrumiug, th..t the net annual produce of
the prefent war t:txes would amount to betweeen
z,opo,qc:',l. and 13,0c0,c001. But in the current !
year. on account of the delay whkh has taken place,
in the coiled-doe' of the. property tax, it was probable
that theft= due upon the all-eft-mem of the year 1803,1
together u tilt at leattone half of the affeliment fur the
year would be paid into the Exchequer, mak.'
ing the receipt from that tax within the year, ending
the sth of Apt il, tBos, 7,0c0.00c1. intlead of only'
; and though be had been thought fan-
guine in ellimating the receipt of all the war taxes
to the sth of April, 1804, at 4,500,0001. yet the
whole deficiency had proved to be not more than
about ^oo,cocl. although on that day not much
more than 300,0001. had been received upon the pro-
perty tax : and it was evident that if even a moderate
proportion of that tax had been paid in, the eaimate
w0u1.51 have been greatly exceeded ; and that in point
of fae'l, on the day on which he was fpeaking, April
the 3oth, little more than too,cool. remained to be
made good.
He:next Rated to the Committee that, notwithfland•
ing the fyftem of war taxes could not be expelled to
take full effe.f within the firft year, yet the addition
aCtually made to the public debt in the year :805,
amounted to uo more than 3,590,0901. 3 per Cent.
Stock

He next proceeded to obferve, that great apple-
henfions had been exprelred of the effed which the
impofition of the war razes might have on the per-
manent revenue of the nation ; nor could fuch apple-
henfions be deemed wholly grouadlefs, efpecially
when combined with the embarraffments occafioned
to trade, by the continuance of a doubtful negotia-
, lion, and afterwards by the blockade the rivers of
Germany, and by the other circumfiances attending
the recommencement of the war. It was, however,
with the utmost plxafure that he was able to (late,
that thefe apprehenlions had not been realifed. By
the accounts on the table, it appeared that the net
produce of the permanent taxes trilling in 1792, was
' in the year ending the sth of January, 1803 (includ-
ing corn bountiesj t5,425,c001. in the year ending
the sth of January, 1804, it had been 14,984.r.001.—
But to this fum was to be added the amount of draw-
backs paid out of the revenue of the Cufloms for
fugars exported in the preceding year (Inch draw-
backs not being payable till a certi4cate of the land-
ing of the goods has been received from the Britifit
Conful at the port to which they are expo' ted) which
occafioned the payment to exceed what would have
been due upon the quantity aaually exported within
the year, by 4.16,cx01. making together 15,400,0001.
an amount nearly the fame as that of the preceding
year.
If instead of the old permanent revenue, exiling
previous to the late war, he ihould enter into a corn-
parifon of the produce of the whole of the perma-
nent duties, the refult would be (kill mine favourable.
The amount of all the permanent to in J inuary,
1533. Was 21409,-.,:cc,1.; ;It JAI, rhi ~ 3c,676,0001.
dedisaing, howt.ver, from both of thole toms the du-
ties of I 5.:`.2 and tet)3, which in the firil of rhofe
years did not exits, or we, e not in I till collcaion ;
the amount in the former year would Le aro
and in the latter, inch.::;:.; the film aliove men.
ri•o ed I t the diawfeeks on
It ii.ts that he fluitild alto
o'4, rye, that :it Ore : nil peiiiid the total amott-it
I t:,: pern;:.11:::t , f Ct,lloms and I....•:cife ctn.
w,t, 4 r %%W, at the latter it had
inci,..lfed to

ott (hue the Supply and Ways
an .1 i,L.ths of tlic pt dent ye.tt.

r.‘.-eir r) I 1,f;5,030

I ' C.JU

v),143,Cc0

"n. 1.0 l)

hr It- I ‘nd

a 3 x,^\)o