That the debt of the navy remaining to be provided for was, on the 5th of January, 1801, 8,705,886. And that the total amount of demands outstanding, navy debt, and exchequer bills, unprovided for, or provided for out of funds which have proved insufficient, was, on the 5th of January, 1801, 27,846,3721. of which sum 6,900,4861. has been since made good out of the supplies of the present session; leaving an unfunded debt hereafter to be provided for of 20,945,8867. and exceeding by 12,020,000l. the amount outstanding in 1793. That the sum applicable to the reduction of the national debt was, on the 1st of February, 1793, 1,427,1437. and on the 1st of February, 1801, 4,989,8187. That the annual charge incurred by the permanent debt, on the 5th of January, 1793, was 10,325,8667, including 1,000,000l. applicable to the reduction of the debt. That the annual charge incurred by the permanent debt created since the 5th of January, 1793 (exclusive of interest payable by Ireland, and including the charge incurred by the loan of the present session), is 10,375,0781. of which sum 2,350,1621. is applicable to the reduction of debt; and that a further charge of 497,7351. per annum is guarantied by parliament in default of payment of the interest of certain loans by his majesty the emperor of Germany. That the net produce of the permanent taxes existing previous to the war, was, on the 5th of January, 1793, 14,284,000l. and on the 5th of January, 1801, 14,194,5397. That the net produce of the permanent taxes imposed since the 5th of January, 1793, was, on the 5th of January, 1801, 8,079,0761. And, that the total amount of the permanent taxes was, on the 5th of January, 1801, 22,273,6157. That the total official value of all imports into Great-Britain, in the year ending the 5th of January, 1793, was 19,659,3581. and on an average of six years, ending the 5th of January, 1793, was 18,685,390%. That the total official value of all imports, in the year ending the 5th of January, 1801, supposing the imports from the East Indies, of which no account has been made up, to be the same as in the preceding year, was 29,925,8581. and on an average of six years, ending the 5th of January, 1801, was 25,259,890. That the total official value of British produce and manufactures exported, in the year ending the 5th of January, 1793, was 18,336,8511. and on an average of six years, ending the 5th of January, 1793, was 14,771,0497. That the total official value of British produce and manufactures exported, in the year ending the 5th of January, 1801, was 21,411,0671. and on an average of six years, ending the 5th of January, 1801, was 20,085,1987. That the total official value of foreign merchandise exported from GreatBritain, in the year ending the 5th of January, 1793, was 6,568,346l. and on an average of six years, ending the 5th of January, 1793, was 5,469,0147. That the total official value of foreign merchandise exported in the year ending the 5th of January 1801, was 17,166,1451. and on an average of six years, ending the 5th of January 1801, was 12,868,0437. That the total sum to be raised in Great Britain in the be estimated as follows, viz. Interest of the public funded debt, charges of .......... Interest, &c. to be incurred and paid between ...... Charges of collecting income tax, as per esti mate.... Proportion to be defrayed by Great-Britain, according to the articles of union, of the supplies voted for 1801 for Great-Britain and Ireland, amounting in the whole to 43,686,7151.) Advance to Ireland...... Interest payable for loans of emperor of Germany Making in the whole the sum of......... That the additional charge incurred by debt, That the additional charge to be incurred for standing is.... 1801. year 1801 may £. 20,144,586 1,812,816 766,480 1,376,470 635,549 1,699,225 152,620 39,338,489 2,500,000 497,735 68,923,970 16,816,985 10,395,078 212,100 Brought forward £. 27,424,163 That the additional charge to be incurred for 285,000 370,000 200,000 That the additional charge to be incurred for 351,000 170,000 130,000 49,500 28,979,663 That the net produce of the tax on income for the year ending the 5th of April 1801 (exclusive of voluntary contributions) did not exceed the sum of 5,590,530l. That the amount of three per cent. stock (of which the interest is to be defrayed, and the principal to be redeemed by the tax on income) is 56,445,000l. That supposing the war to end with the present year, the net annual produce of the tax on income to be 5,600,000l. and the three per cents. to be, on an average, at 80, the sum of 56,445,000l., together with the interest thereon, would not be redeemed until the end of the year 1811; and that the probable annual expenditure during the first ten years of peace (exclusive of any charges to be incurred for sums to be paid on winding up the expences of the war, or any increase in the naval or military establishments beyond the last peace) cannot be estimated at less than 34,500,000l. Counter-Resolutions moved by the Right Hon, the Chancellor of the Exchequer, Monday, June 22. 1. That the amount of the public funded debt, on the 1st of February 1793, was 238,231,2481." exclusive of long and short annuities for lives, to the amount of 1,373,550 of which sums stock to the amount of of 10,242,1001. had been purchased by the commissioners for redeeming the national debt; and annuities to the amount of 79,8801. had fallen in, and been carried to their account, reducing the actual amount of the debt, on the 1st of February 1793, to 227,989,1481. and the annuities to 1,293,670l. and that, on the 1st of February 1801, stock to the amount of 36,099,5621. had been purchased by the commissioners, and stock to the amount of 16,083,8021. had been transferred to them, on account of land-tax redeemed; and annuities to the amount of 123,4771, had fallen in; reducing, on the 1st of February 1801, the actual amount of debt existing before the war to 186,047,8847. and the annuities to 1,250,0731. 2. That the total amount of stock created since the 1st of February 1793 (including the amount created by sums borrowed in the present session of parliament, and after deducting 16,182,0941. purchased by the commissioners for redeeming the national debt), on the 1st of February 1801, is 298,317,590l.; of which sum the interest on 7,502,6331. is payable by the emperor of Germany; and the interest on 19,708,750l. is payable by Ireland: And that annuities have been granted, since the 1st of February 1793, to the amount of 542,6641.: of which 9,7911. is payable by Ireland, and 230,000l. by the emperor of Germany. 3. That the total amount of the public funded debt (including the amount created by the sums borrowed in the present session, and after deducting 52,281,6561. purchased by the commissioners, and 16,083,8027. transferred to them on account of land tax redeemed) was, on the 1st of February 1801, 484,365,4741.; of which sum 27,211,3831. is on account of Ireland and the emperor of Germany; leaving a funded debt charged on Great-Britain of 457,154,0917. including 56,445,000l. the interest of which is to be defrayed and the capital redeemed by the tax on income: and that the amount of annuities charged on Great-Britain (after deducting what have fallen in) was, on the 1st of February 1801, in short annuities, and for lives, about 540,000l. and in long annuities 1,007,000l. 4. That, under the heads of treasury, army, ordnance, barracks, advances from civil list, and re-payments to be made for services not voted, but paid out of grants for 1800 (after deducting the surplus of ways and means of that year), outstanding demands, as far as the same can be made up, remained to be provided for, on the 5th of January 1801, to the amount of 1,550,4861. That, exclusive of anticipations of the receipt of certain taxes and payments on loans to the amount of 8,489,800l. the unfunded debt in exchequer-bills unprovided for, or provided for out of funds which have proved insufficient, was, on the 5th of January 1801, 17,590,300l. That the debt of the navy remaining to be provided for was, on the 5th of January 1801, 8,705,8861. And that the total amount of demands outstanding, navy debt, and exchequer-bills unprovided for, or provided for out of funds which have proved insufficient, was, on the 5th of January 1801, 27,346,6721.; of which sum 6,900,4861. has been since made good out of the supplies of the present session, leaving an unfunded debt, hereafter to be provided for, of 20,946,1861. and exceeding by 12,020,0001, the amount outstand ing in 1793. (N 2) 5. That 5. That the sum applicable to the reduction of the national debt was, on the 1st of February 1793, 1,427,1437.; and on the 1st of February 1801, 4.989,818. 6. That the annual charge incurred by the permanent debt, on the 5th of January 1793, was 10,325,8661. including 1,000,000l. applicable to the reduction of the debt. That the annual charge incurred by the permanent debt, created from the 5th of January, 1793 (exclusive of interest payable by Ireland, and including the charge incurred by the loan of the present session), is 10,375,0781.; of which sum 2,360,1621, is applicable to the reduction of debt; and that a further charge of 497,735 per ann. is guarantied by parliament, in default of payment of the interest of certain loans by his majesty the emperor of Germany. 7. That the net produce of the permanent taxes, existing previous to the war, was, on the 5th of January 1793, 14,284,000l. and on the 5th of January 1801, 14,194,5397. That the net produce of the permanent taxes, imposed since the 5th of January 1793, was, on the 5th of January 1801, 8,079,0761. And that the total amount of the permanent taxes was, on the 5th of January 1801, 22,273,6151. 8. That the total official value of all imports into Great-Britain, in the year ending the 5th of January 1793, was 19,659,3581.; and on an average of six years, ending the 5th of January 1793, was 18,685,3901. That the total official value of all imports, in the year ending the 5th of January 1801 (supposing the imports from the East-Indies, of which no account has been made up, to be the same as in the preceding year), was 29,925,8581.; and on an average of six years, ending the 5th of January 1801, was 25,259,8901. That the total official value of British produce and manufactures exported, in the year ending the 5th of January 1793, was 18,336,8511.; and on an average of six years, ending the 5th of January 1793, was 14,771,0491. That the total official value of British produce and manufactures exported, in the year ending the 5th of January 1801, was 24,411,0671.; and on an average of six years, ending the 5th of January 1801, was 20,085,1981. That the total official value of foreign merchandise exported from Great-Britain, in the year ending the 5th of January 1793, was 6,568,3461.; and on an average of six years, ending the 5th of January 1793, was 5,469,014l. A That the total official value of foreign merchandise exported, in the year ending the 5th of January 1801, was 17,166,1451, and on an average of six years, ending the 5th of January 1801, was 12,868,0431. 9. That the total sum to be raised in Great-Britain in the year 1801 may be estimated as follows, viz. Interest of the public funded debt, charges of £. 20,144,586 Interest, |