Star.
London, England, 1803-06-11 00:00:00

THE LOAN.

Yetlerday we laid before our Renders Tome parti.
culars refpating the New Loan. We now prefent
them with a more ample detail :
About noon, yefterday, the different Gentlemen
concerned in Lifts for the bidding, had a meeting
with the Minifter at his houfe in Downing-flreet,
which was alfo attended by the Governor and Deputy
Governor of the Bank, and Mr. VANSITTART.
Mr. ADDINGTON Rated, that the turn be thould
want would be Twelve Millions, viz. nine millions for
England, and three for Ireland. He was in hopes,
he Paid, that he fhould have been able to have done
with lets, and flattered himfelf that, next year, that
would be the cafe; but, in the prefent inftance, the
taxes he meant to propefe could not be collated in
time to anfwer the exigencies of the Rate. He, at.
the fame time, thought it proper to Rate, that it was
his intention to propofe to Parliament to raife a very
large Turn within the year by ftrong taxes; and, he
trufted, every Gentleman prefent would think it ad-
vifablc fo to do. It was alto proper for him to Rate
what were his intentions refpating Exchequer Bills.
There were, he Paid, five millions voted in the fpring
of laft year,4,ozo,ooo about,Chriftmas, and 5,000,000
ct is fpring; bat they had not all been iffued. His in-
-1 .
tentson was to pay off the firft five millions, to let the
other Rand over, to ia'ue five millions more, to take
la vote of credit for 2,500,0001. and, in cafe the Bank
thould not think it right to continue the r,500,0001.
which they held, he fhould in that cafe be obliged,
perhaps, to iffue 1,500,0001. in lieu of them, which
would, in other words, be borrowing nine millions
on Exchequer Bills, and paying off ten millions.
He propofed to raife his Loan of twelve millions,
if agreeable, by giving for every tool.-701. Confols,
701. Reduced ; and to take the Bidding on the leaft
fum in Deferred Stock, and to allow 5 per Cent. for
prompt payment.

An objeltion was fluted to Deferred Stock making
a part, as it was already a heavy and uafaleable Stock
in the market.

Mr. ADDINOTON then, with the confent of all par-
ties, agreed that the Loan (hould be raifed in the fol-
lowing manner: For every tool. fubfcribed, the Sub-
fcriber to have
os. od. Coarse, Sol. os. od. Redeced,
And thole who would take the leak fum of Long
Annuity to be the purchafer. The Intereit of the
Confols to commence from sth of July, 1803, and that
of the Reduced and Annuities from the sth of April,
t 803 ; 5 per Cent. for prompt payment, which, from
the t 7th of June (the day of the fira deport) to the
a3d of December, the day of the laft payment) makes
21. 6s. 7d. per cent. being 187 days. The payments
to be made as follow

17 'Wes DePelt to per Cent.
22 July to
is Amok 13
26 September - 1.2
ss Otober - 20
to November -
as DC0:0111141r IS
/00
The Public Bodies to have their ulual proportion
out of the twelve millions, which is as under:—

Rank of England - • C•300.0c0
India Company - - 300,000
Royal &Amp • 200,003
Loada• Adam= - - acoozoo
Sou* Sea Canspacy - - 200000
Trinity Hook - mop*,
Dank or lialaod - - soopoo
—.—.—.. L. 1 mo,ooo

The Minifier raid, the Taxes would be heavy. and
that he should mire them within the year, chiefly on
E xcife and Caftans; on Landed Property', teal and
Perfonal Property, and Income arifing from whatever
fource ; but that from labour not to pay equal to
that arifing from property.
He was a&rd, whether the Funded Property was
to be taxed? He replied, Certainly; and that it was
propofed to be is. in the pound on all the Dividends;
but the Stockholder might either have it flopped out
of his Dividend Warrant, or go before Commercial
Commiffioners, and there declare his property. and
pay the Tax altogether. On Land, he raid, it was
his intention that the owner mould pay is. in the
pound, if lett ; and the occupier in England to pay
gd. and in Scotland only 6d. in the pound ; as the
lands were lett in Scotland at a higher rate, and were
not fo produaive as thofe in England. He produced
the Journals of the Hook of Commons, to thew that
in 5705, and for feveral years, a (under mode of
taxation was adopted.
The Governor and Deputy Governer of the Bank
were Aced, Whether the Bank would take in the Om.
alum, the fame as 411 year ? They anlwered, it had
not been cuflomary for the Bank to commit itfelf on
fuch cccafions. All they could fay was, that the ba-
liners had not yet ever been mentioned within the
Bank ; but Would there appear any difpofition not to
grant the indulgence, they Would deem it their duty
to give the earlielt notice poffible.
A great deal of converfation followed, at the COG-
clufion of which the Minifier deGred the Gentlemen
to come on Monday at ten o'clock precifely, to bid for
the Lean, informing them at the fame time, that no
lift delivered in after that time would be attended to.
The prefent lifts are—.
therms Saurus.
iZ and Ocri.osaito.
fiIDAILIt Ind SIIISWaLL.
Sir F. Bantus rad Anoserritss.
STOCK Eielllllll

The CHASCSLLOI 4:,f the Excvaosaa thee gave
notice, that be wifind totes tech Gentlemen as vele

delirons of contrattiog for the Lottery, on Thurfd.ty
nckt, in order to confer upon the bitfinef3, and pro-
poled that the bidding fhould take place on the fol-
lowing day,
At the average price of the Funds, yeflerday, the
propofed Loan would be nearly as follows:

go Coat,lst 574
So Reduccd, 575

46
46
...-92

About to.. Long Annuities, at 17 zoo 10
years purchale, - • -

Dlfcount,

- 3 10
L. 104 c

Before difmilling this fubjeet, we think it proper to
correct a mikoneeption which has arifen in the minds
of forne from the anfwer made by the Minifier to the
queftion, whether fueded property was to pay ?—ln
laying a tax on Income, which Mr. ADDINGTON'S
plan amounts to, it would have been impoffible to e t-
empt the Income from the Funds ; but this is a very
different thing from a dire& tax, in the ltri t fenfe of
the word, on that fpecics of property. A dire& tax
on any particular article, is one which does net at-
tach on another. A five per cent. tax on Income, in
general, is one of a very different nature. It is in,
faft Mr. Prrx's Income Tax, reduced to one half.

Jua as this Paper was going to Prefs, we received
French Journals of the Bth. A letter from Conitanti-
nople, in the Gazette de France Rates, that Gen. BRUN a
having demanded Come explanation in regard to the
conduit the Porte means to purfue in the prefent
circumnances, the Council of State has declared,
that the Ottoman Government means to obferve the
fir iete ft neutrality.

A letter from the Hague, dated June 2, in the
fame Journal, fays—Two days ago we received in-
telligence through an extraordinary channel, that the
mediation of Ruffle has been accepted by England.
" We know alfo," adds the Writer, "that the 'aft dif.
patches brought from England by Captain STUART
in a flag of truce, make no mention of the recal of
Mr. LISTON.

This morning a Courier was fent off for Peterf-
burgh, and Adjutant RA IN IL has been fent with a
flag of truce to London."
A letter from Bruffels, dated tha sth, Pays—" Ac-
cording to different letters arrived here from Holland,
the greater part of the French army is concentrated
in the county of Bentheim, and an engagement was
every moment expetted, as the French troops were
in fight of the Hanoverian Army colleaed on the
frontiers of Ofnaburgh, where they were bufily em-
ployed in throwing up entrenchment,.
The 'auras! de Paris fags, the number of Englifh
detained prifoners in France; amounts to 7500.
A letter from Bourdeaux announces, that the
(hip la Julie, of Havre, going from the Capc to Port-
on-Prince was taken by boats manned with rebellions
Negroes, who, Peeing another 'del coming up to
affil} IA Julie, murdered the crew, and then Pet the
(hip on fire.

Yellerday morning, loon after eight o'clock, his
MA) I ITT let off to Windfor. Her MA) STY and the
Panic asses went loon after to o'clock.
General DUNDAS has received order'to form an
encampment at Co:heath, inßead of Chatham. The
Middlefex militia are ordered to march to encamp
there on Monday nest.
Colonel Fain ea, Chief Royal Engineer of Ireland,
left Dublin on the 6th inR. to infpea the defences of
the cox* and the armaments lately ordered in the
fouthern diftria—But more than all thefe, (to bor-
row a tentiment of Lord Boaainooom en a relent
debate) the exertions of Goverr.ment jot. defence of
the country, are feconded by the public feeling.
SOUTHWARK ELICTI4II, FOURTH DATA •
At the Clofe of this day's Poll the *umbers were—
For the Right lica.G.T:
Fee Ott Taoism' T
p"erkT• 1436
The entire Works of Lady Mat! wiroa LT MOSTA-
Qv a, which were fo antioully expeaed, have at length
made their appearance i and we learn with pleafnre,
as a faa creditable to the public tab, that the Edi-
tion was difpofed of by thePubliller within eight and
forty hours.
Yeßerday the LORD Marna held a Wardmote at
Fifhaiongers'-hall, for the' purpofe of eleftiag an Al-
derman for the Ward of Bridge, in the room of G.
HIDDIRT. Efq. tefiKned. His Lordllsip opened the
bulimia of the Meeting with an impreffive fpeeeh,
felting forth the necefary qualifications the objea bf
their choice ought to poffefs. Deputy Wanes was
put in nomination by Mr. TILL; but he begged leave
to decline, for feveral reafons which he affigned. Sir
Marro sw BLOXASI was next put in nomination; and
the thew of hands being in his favour, he was declared
by the LORD MAYOR duly delta.
This mornintwas married at St. Paul's, Covent.
Garden, Joni. COVIIIT Efq. of Nea•Honfe, Hants,
to Mite Woootar, of Clariihasurch, fame County.
The Duebefs of Maateoeours x gave laft night one
of the grandea Routes this feafon at her houfe is
Pall Mall.
We are forty to announce the death of kiwi
Rienaanson, Efq. He was at an Inn in the neigh.
bourhood of Bagnsot Heath, and was fuddenly
taken ill on Wednefday night. Medical affittance was
Moon procured, but in vain—be died on Tburfday af-
ternoon. Mr. Racirasoson was in the forty-feveath
year of his age. He had, within the lai three or
four years, I-offered revere (hocks by the rupture of
a blood veffel, but it was hoped that the natural
goer of his eonflitution would have triumphed.
Mr. RICHARDSON was Proprietor of a fourth part
of Drury-Lase Theatre. He has left an amiable
widow, and four charming daughters, to lament the
las of an afferftionate and enli ,htened Proteflor.—
DT. Coosa!, and liticmato itson, Efq. of Lin-
colothire, we underitand, are hi. executors: The
management of a delicate property, and the care of
an orphan family, weld not hart been Lounged to
. Nam kosonrable hands.