the principal of which would be of exchequer bills of 2,230,000l. discharged in the course of the On winding up the accounts bepresent year. This item, though tween the English and Irish exlarge, the committee would look chequers an advance had been upon with satisfaction, when they found necessary in order to clear considered how much the im- up all demands on the consolidated proved state of public credit less- fund of Ireland to the 5th of Jaened the charge thus incurred in nuary last, from which period they providing for the ways and means had started on a new account. This of the year. A proper idea of this had caused a grant to be called might be formed, when it was for (in order to make good the considered, that what cost the permanent charges of Ireland up country almost 2,200,000l. for to that time), of 246,5081. Tothe service of 1816, would in the wards the reduction of the navy present year create but a charge and transport debt, a supply was of 1,900,0001. upon an amount of demanded of 1,660,0001. There principal considerably increased; was thus, it would be seen, a new and when it was further borne in total of 4,136,508l. to provide for mind, that a few years ago the the charges of unfunded debt, or same operation would have occa- to make good previously existing sioned an expense of 2,500,000l. deficiencies, which formed no part The sinking fund on the money of the supply necessary for the thus kept foating as unfunded service of the year. The different debt would amount to 330,000l. items and the grand total were as making a total charge on amount follows : SUPPLIES £9,080,000 Army (including 1,500,0001. for extra ordinaries, and exclusive of troops in France...... tion of navy debt), 6,000,000 Total supply for the service of the year £18,001,300 charges of Ireland to Jan.5, 246,508 1,660,000 4,136,508 lie had now to call the atten. 2,005,4081., and it was estimated Lavf the committee to the man that before the 5th of April 1818 wuch he proposed to meet they would produce the further Te demands. The first ar- sum of 1,300,0001. for which, 2.* *ts.ch he should notice was therefore, he should take credit * unul duties on malt, sugar, as the next item in the ways and Ly, and some other articles means of the present year. aud been taken at the usual He should in the next place the hell of 300,0001. The com- advert to the amount of the conå were aware that those du- solidated fund remaining at the ways produced considerably disposal of parliament on the 5th 2 lan ile suin of 300,0001. of April last. In this case also a sed upon them, and that the surplus had been produced by the 15 was carried into the con- recent proceedings of parliament. used fund. A considerable deficiency had aclie meus proposed to avail him- crued in the produce of the con of the ways and means for solidated fund on the 5th of Ja...3 and 1816 exceeding the a- nuary, but that deficiency having 1 of the supplies which re- been made good by subsequent -rd to be paid out of them. votes of the House, and all grants son for the former year was affecting the consolidated fund :44. and fur the latter having been cancelled by act of ***.. These sums formed parliament, its surplus produce on in the language of the ex- ihe 5th of April remained dism'ct, was called surplus of posable for the service of the pre 214 means. He did not, sent year. The sums now remain: 43CF, men to take credit for ing in the exchequer of Great <= as a genuine surplus, as in Britain and Ireland, and which he 2. they became disposable should propose to vote on this acIL Conseyuence of parliament count, amounted to 1,225,9761.or since they were granted, in round oubers 1,226,0001. a different provision for The lottery was taken con part of the supplies charged 250,0001, and though this might * U11 ; whereby they became appear a larger sum than that of tonie to the service of the last year, yet, when the whole ae*-*t year, instead of those for count was compared, it would be ty were originally pro- found that the lottery was re I be *hole, after retaining dued 50,0001. instead of bee - 23. sum to pay the sup- ing so much higher, as one third marsed on them, amounted of the profit of the lottery had last 1.965,3591. arising in great year been reserved for Irelaod, * fin the temporary excise according to the practice which m. wyra which 9,500,0001. haud prevailed ever since the unin, milele krated in 1816, but of whereas this year the whole est sam only 1,494,5921. had mated profit was carried to one Spon tained on the 5th of April account. I be whole arlxrint was I were remained, therefore, therefore taken at 31), l. in to be retired on that day 1816, and at only 250,00*. the the principal of which would be of exchequer bills of 2,230,0001. discharged in the course of the On winding up the accounts bepresent year. This item, though tween the English and Irish exlarge, the committee would look chequers an advance had been upon with satisfaction, when they found necessary in order to clear considered how much the im- up all demands on the consolidated proved state of public credit less. fund of Ireland to the 5th of Juened the charge thus incurred in nuary last, from which period they providing for the ways and means had started on a new account. This of the year. A proper idea of this had caused a grant to be called might be formed, when it was for (in order to make good the considered, that what cost the permanent charges of Ireland up country almost 2,200,000!. for to that time), of 246,5081. Too the service of 1816, would in the wards the reduction of the navy present year create but a charge and transport debt, a supply was of 1,900,0001. upon an amount of demanded of 1,660,0001. There principal considerably increased; was thus, it would be seen, a new and when it was further borne in total of 4,136,508l. to provide for mind, that a few years ago the the charges of unfunded debi, or saine operation would have occa- to make good previously existing sioned an expense of 2,500,0001. deficiencies, which formed no past The sinking fund on the money of the supply necessary for the thus kept floating as unfunded service of the year. The ditferent debt would amount to 330,0001. items and the grand total were as making a total charge on amount follows: SUPPLIES. Army (including 1,500,0001. for extra. ordinaries, and exclusive of troops in £9,060,000 6,000,00) 1,2!1,300 1,700,000 *18,011,300 charges of Ireland to Jan. 5, 946,505 1,660,000) 4,136,508 He had now to call the atten- 2,005,4081., and it was estimated tion of the committee to the man- that before the 5th of April 1818 ner in which he proposed to meet they would produce the further the above demands. The first ar- sum of 1,300,000l. for which, ticle which he should notice was therefore, he should take credit the annual duties on malt, sugar, as the next item in the ways and tobacco, and some other articles means of the present year. which had been taken at the usual He should in the next place amount of 300,0001. The cum- advert to the amount of the conmittee were aware that those du- solidated fund remaining at the ties always produced considerably disposal of parliament on the 5th more than the sum of 300,0001. of April last. In this case also a charged upon them, and that the surplus had been produced by the surplus was carried into the con- recent proceedings of parliament. solidated fund. A considerable deficiency had acHe next proposed to avail him- crued in the produce of the conself of the ways and means for solidated fund on the 5th of Ja1815 and 1816 exceeding the a- nuary, but that deficiency having mount of the supplies which re- been made good by subsequent mained to be paid out of them. votes of the House, and all grants The sum for the former year was affecting the consolidated fund 15,7491. and for and for the latter having been cancelled by act of 1,849,8101. These sums formed parliament, its surplus produce on what, in the language of the ex- the 5th of April remained dischequer, was called surplus of posable for the service of the preways and means. He did not, sent year. The sums now remainhowever, mean to take credit for ing in the excliequer of Great them as a genuine surplus, as in Britain and Ireland, and which he in fact they became disposable should propose to vote on this aconly in consequence of parliament count, amounted to 1,225,9781. or having, since they were granted, in round numbers 1,226,0001. made a different provision for The lottery taken at great part of the supplies charged 250,0001. and though this might upon them; whereby they became appear a larger sum than that of applicable to the service of the last year, yet, when the whole acpresent year, instead of those for count was compared, it would be which they were originally pro- found that the lottery was vided. The whole, after retaining duced 50,0001. instead of bea sufficient sum to pay the sup- ing so much higher, as one third plies charged on them, amounted of the profit of the lottery had last to 1,865,5591. arising in great year been reserved for Ireland, part from the temporary excise according to the practice which duties, upon which 3,500,0001. had prevailed ever since the union, had been granted in 1916, but of whereas this year the whole estiwhich som only 1,494,5921. had mated profit was carried to one been received on the 5th of April account. The whole amount was last. There remained, therefore, therefore taken at 300,0001. in to be received on that day 1816, and at only 250,000l. in the was re the present year. The next item on the 5th of April 1818, was he had to state to the committee 1,500,0001. These several items was that arising from the sale of of ways and means amounted alold naval stores, the amount of together to 9,541,5371. ; so that which he estimated for the last there was required to make good year at 400,000l. There was one the supply 12,600,0001. This he item more he had to include in proposed to raised by Irish treathe ways and means for the year. sury bills to the amount of It was the arrears of the property 3,600,0001., and a new issue of tax, of which a considerable sum 900,0001. of exchequer bills. Havwas due on the 5th of April last. ing concluded these statements, The whole arrear estimated likely he would now recapitulate the difto be received in the year ending ferent items of the WAYS AND MEANS. £3,000,000~Annual Duties . £3,000,000 Disposable 1815 15,749 Ways and Means 1816. 1,849,810 1,865,559 (after satisfying the grant thereon for 1,300,000 parliament of the consolidated fund 1,225,978 250,000 Old stores 400,000 be received betwećn the 5th of April, Irish treasury bills 9,541,537 12,600,000 22,141,537 3 The first total of the ways and expenditure. It was therefore means which he had stated, name- clear, that the above balance of ly, the 9,541,5371. might be re- 12,600,000l. was necessary to garded as the ready money ac- equalize the ways and means and tually in the exchequer, or which the supply; and he was convinced would be received in the course that that sum could not be raised of the year; but that was the in a way more advantageous to whole which the ordinary re- the country than that which he sources offered for covering the had proposed. He should, in the |