■i. (. IMAGE EVALUATION TEST TARGET (MT-3) 1.0 1.1 E 114 "^ : m 12.0 u IL25 MU is I 1.6 «•- 6" V "^Wj ScMices Carporation M (WIST MAIN STMIT WnSTII.N.Y. I4SM i71*)l7a-4S03 ^f^^'^^ VV^ ^ ^-. CrHM/ICMH Series. CIHM/ICMH Collection de microfiches. Canadian Instituta for Hiatorical Microraproductions / Inctitut Canadian da microraproductiona Itiatoriquaa Tachnical and Bibliographic NotM/NotM tachniquM at biMlographiquaa Tha Inatltuta liaa attamptad to obtain tlta baat original copy avaHabla for filming. Faaturaa of thia copy which may ba bibHographicaNy unlqua. which may altar any of tha imagaa in tha raproduction, or which may algnificantly changa tha uaual mathod of filming, ara chaclcad balow. D D D □ D D Colourad covara/ Couvartura da coulaur I I Covars damagad/ Couvartura andommagAa Covara raatorad ano/or laminatad/ Couvartura raatauria at/ou paliiculia r~~| Covar titia miaaing/ La titra da couvartura manqua I — I Colourad mapa/ Cartas giographiquas an coulaur Colourad inic (i.a. othar than blua or black)/ Encra da coulaur (i.a. autra qua blaua ou noira) j I Colourad plataa and/or illuatrationa/ Planchas at/ou illuatrationa an coulaur Bound with othar matarial/ Rail* avac d'autraa documents Tight binding may causa shadows or distortion along Intarior margin/ Laraliura sarrie p^ut causar da I'ombra ou da la diatortion la long da la marga inttriaura Blank l«>avas addad during rastoration may appaar within tha taxt. Whanavar possibia, thasa hava baan omittad from filming/ II aa paut qua cartainas pagas blanches ajoutias lors d'una rastauration apparaiaaant dana la taxta. mais, lorsqua cala ttait possibia, cas pagaa n'ont pas *t« filmtes. Additional comments:/ Commantairas supplAmantairas; L'Institut a microfilma la maillaur axamplaira qu'ii lui a At* poaaibia da aa procurer. Las details da eat axempleire qui sent peut-Atre uniques du point de vue bibliographique. qui peuvent modifier une image reproduite. ou qui peuvent exiger une modification dans la mAthodo normale de filmage aont indiquAs ci-daasous. r~n Coloured pagaa/ D This item is filmed at the reduction ratio checked beluw/ Ce document est f ilmA au taux de reduction indiquA ci-dessous. Pagee de couleur Pegea dameged/ Pagaa endommegies Pages restored and/oi Pages restauries et/ou pelliculAes Pages discolours i, stained or foxe« Pages dicolortes, tacheties ou pIquAes Pages detached/ Pages d4tach6es Showthroughy Transparence Quality of prir Qualiti inAgale de I'impression Includes supplementary materii Comprend du materiel supplAmentaire Only f dition available/ Seule Mition disponibie p~| Peges dsmeged/ I — I Pages restored and/or iaminated/ FT] Pages discolours i, stained or foxed/ r I Pages detached/ n7\ Showthrough/ ^71 Quality of print varies/ I I includes supplementary materiel/ r~n Only f dition available/ Pages wholly or partially obscured by errata slips, tissues, etc.. have been refilmed to ensure the best possible image/ Les pages totalement ou partieiiement obscurcies par un feuillet d'errata. une pelure. etc.. ont 6t6 filmAes A nouveau de fa^on A obtenir la meiileure image possible. 10X 14X 18X 22X 26X 30X n/ 12X lex aox 24X ■• 28X 32X tails du Ddifi*r un« mag« Th« copy fHm«d h&n Hm Immi r«prodiic«d ttiankt to tlw gMMToaitv of : Ubrjry of tho Public Archivos of Canada Tha imagaa appaaring hara ara tha bast quality possibia consMaring tha condition and laglblllty of tha original copy and In kaaping vtflth tha filming contract spacif Ications. Original copias In printad papar covars ara filmad baglnning with tha front covar and anding on tha last paga with a printad or illustratad impraa- sion, or tha back covar wlian appropriata. All othar original copias ara filmad baglnning on tha first paga with a printad or illustratad impras- sion, and anding on tha last paga with a printad or illustratad imprassion. L'axamplaira fNmA hit raproduit grioa A to gAnAroaltida: La blMiothAqua das Archive publlquas du Canada Las Imagas siiivantas ont 4tA roproduitas avac la plus gra*^J soin, compta tanu da la condition at da la nattat* da l'axamplaira film*, at mn conf ormM avac las conditions du bontrat da filmaga. Laa axamplairas originaux dont la couvartura an paplar aat imprimia sont filntAs an commandant par la pramiar plat at an tarmlnant soit par la darnlAra paga qui comporta una ampralnta d'Impraaaion ou d'illustration, soit par ia sacond plat, salon la cas. Tous las autras axamplairas originaux sont fllmAs an commandant par la pramlAra paga qui comporta una ampralnta d'Imprassion ou d'iilustt'atlon at an tarmlnant par la darnlAra paga qui coinporta una taila ampralnta. Tha last racordad iFrama on aach microficha shall contain tha symbol -^ (moaning "CON- TINUED"). or tha symbol V (moaning "END"), whichet^ar appiias. IMaps, platas, charts, ate, may ba filmad at diffarant raduction ratios. Thosa too larga to ba antlraly included in ona axpoaura ara filmad beginning in tha uppar iaft hand cornar, laft to right and top to bottom, as many framas as raquirad. Tha following diagrams illustrata tha mathod: Un das symbolas suivants apparattra sur ia darnlAra imaga da chaqua microficha, salon ia cas: ia symbola -^ signifia "A SUiVRE", la symbola ▼ signifia "FIN". Las cartas, pianchas, tableaux, ate, pauvant Atra flimAs A das taux da rAduction diff Arants. Lorsqua la document aat trop grand pour Atre reproduit en un soul clichA, II est filmA A partir da I'angia supArieur gauche, de gauche A droite, et de haut en bas, en prenant la nombre d'Images nAcessaire. Leo diagrammes suivants illustrent ia mAthoda. rata elure, A 3 ex 1 2 3 1 2 3 4 5 6 ivst iisio'^;^!^ to THE ^taU of tj^e jStAtion AT THE COMMENCEMENT OF THE YEAR 1822, AND ^HE DECLARATIONS AND CONDUCT OF misQ S2i^^wss&w3 mns^nQwwm^ FAIRLY CONSIDERED. fRO GREGE, LEGE, ET REGE« LONDON.- I^VBLISHED BY J. RIDGWAY, PICCADILLT. 1S22. Prite Thret SAi«»n|f . Printed by E. IIall,16, Clipstone Street, Fitzroy Square. PREFACE. y\.S a prelude to llie great political contest, comr mencing on the 5th of February, His Majesty's ministers have, with a taste, liberality, and capa- city, worthy of tiiemselves, put forth to the world a full exposition of their conduct and proceed- ings in the administration of the affairs of the nation, since the termination of the war in 1815, considered under the four departments of Tiic Finance, Foreign Relations, Home DryAUT- MENT, Colonies and Board of Trade ; and, as second edition is engrafted on the title-page, simultaneously with its first appearance, no stronger proof need be adduced of the great in- terest it has excited in the public mind, and the unqualified estimation in which His Majesty's IV r II E F A C E. iniiiislcrs are held by all llie discerning and well-disposed part of the community; but as the size tends, in some degree, to preclude the pamphlet from that general and extensive read- ing which it merits, all the matter-of-fact-part of tlie subject is here embodied, enlarged on, and illustrated, so as to render it a necessary appen- dage to the larger edition. ^ The reader will please to observe, that to preserve His Majesty's ministers' grace and taste entire, the extracts, from their pamphlet, are all enclosed within imerted commasi i^rt*^ft.**f*****rlk "So, t'"^' l/* '^* United Kingdom, for Pour Yeart, ending the 5th aiid Irel^om the Annual Finance Accounts laid before Parliamtnt. Years l- tlie 8g»'fffe NpiTUKE. „ of the United Kincdoni Customs " i'^''''^ lonal' iiebt' '".'.'.'.'.'... Siainps iC't U.S'' Irish TrPMiiry Bill. .Vul.iri(.s dfi tnd Unfunded Debt lluckitryt lloiediiut jiltiei-.V »nd) UiK'l.iiiiie^sr) Iin| rcsts.ensioDi Totiil of oaves Total ol I 'i'ou\I of i\ C'onsolidaled Fund . relund Tot.d -//c'llaiiufacures, &c. 'I'otal KsRvenue fiz. rants Revenue S Excise ' I Posi Post Oflice /In Af, '" funded 1." ' " 'jiiuikof".'. the Siiilci^^^ Yrar ending Jan. Mh. 1818. £. Y<-ar ending Jan. Mh. 1819. 1^9,106,085 28,873,638 X81.589| 277,699 1 4,657,559; 15,497,402 11,108,238 44,64«,7»9 1,815,9271 2,200,414 Yi*ar ending Jan. &th. 1820. Yrar rndtng Jan. Mh. 1821. i'J,Ti7 ft»9 274,39.1 16,455,967 £. 29,126,975 276,419 17.667,586 16,»67,999 47,070,1>2» 779,992 1,849,220 15,924,160 46,8 4 9, 15:> 1,028,0001 163,109 J 30,646 1 ^321,815 64,5i2 15,000 447.638 62,920 8,841 i;!.S,270 7'.'7,?11 1,028,000 208,167 129,627 1,365,749 67,967 15,000 457.678 60,158 29,676 135,135 7(;.'),014 385,282| 47,247,991148,92 0,148 983.000 857,780 198,056 204,231 129,988 1 32.081 1,311,044 03,157 15,000 472,234 58.755 6,541 372.833 I,l94,t)9» 9(S8,o20 65,188 18,800 327,066 56,948 2,849 224,897 330,046 M,000' 13,700 93,658 451,404 374,29? 387,111 14,000 18,700 _68,660 483;471 .S6!>.090 | 313,933 14,000 13,700 47,534 690,698 881,504 389,167 2.5'^4,00(i 2,703,580 1.155.476 0.47;j.002 2,424,800 2,696,798 1,400,116 1, 135,401 7.1)14,494 ',; .600,370 ll.05U,'i6o 6.521.714 1,407,807 7,2")5.61(3 1.261.398 y,'j:^j,85i ;cs,&''toi>ih''('oiinirics For Intcro ""^■'*'"''''Oc'Pui(>osis Cliargos oat Home Amount oFoiid Interest op Total Cha Manapoment) .... 1 to E. -India ('ompanj [repaid by them] And as it a the Fiini!lection Unfunded Debt, J Jan 181"— "-^ '""•>"■»= •• S Jan. i»*viijuary Establish- } •m. litnccsoiCoHeciii'n ^ , he ofthe Sinkinq Fiivu Instead Sinking t'| 33,2731 '42,585'" 2,281,000 2,9 19,728 1,101.824 35y,2i:{ 14,000 13,700 51,426 438,339 3,154,000 1,801,0(^6 1,132.713 6.39o,552l 6,;9i) 164,784 ■-M6(vl83 68,875,542 165,039 6S,710,,503 4.3)1,837 73'.Uti2.340 31,266,601 27,277,448 "<8.54 4,049 i4.518.'^9I f3.0l)^,340 1,722,9.56 897,935 2,620,891 1,595.207 260.741 1,855,948 49,129 2,324,65* 292,048 !' ,6 16,701 08,966,073 69,599.276 144,636 08,821,437 4.403 757 73,225,194 150,376 69,448,899 4,249,230 31,351,751 26,520,677 15,352.766 73,225,194 73,698,135 30,792,025 26,000,519 57.882,428 57,392,544 16,305,.59l 73,698,135 1,007,049 156,907 70,850.742 4.136,642 74,987.384 31,252,612 20,224,1 4 J 57,476,755 17.510.629 / 4,987, 384 No. I. — SUitement of the Actual Pevenu* of the United Kingdom of Great Britain and Irelan I ( Drawback* and liounliet of the Nature of Drawbuch, exchuied) for the Ytare IK 1 7 to 1820, bolli. incltuive, ending 5th of January, IH'il ; diiitingui$hing the several Heath of Inciitne,and Great Britain frnni Irelaml in each Y'^ear. II LADS OF INCOME. ruatoms 1817. 1818. £. t £ 13,206,870 12,^05,343 i;xcii.e 81,55S,»1« 24,7 la.MU 6,720,747 6,775,985 8,074.269 8,271,990 2,129,996 2,185,655 31,864 84,629 54,786 64,468 159.6:^0 144.579 5o,yj|,104 5 1,145,598 Siaiiips I .and II ml AHao'sed I'uxoa To t Oftice ^uliiriea and Pensions liuikiicy Coiu>u-.<) and Ilawkcrs lloicdiiury Revinue.i Tcttid Ordinary KevcnucH rropr^rty Tnx Arn-urs I.DtftM-y I 'nt-l.iiiiied l>ividoiidd Ini{>rcslji, <&c Toiid FMraordtnary Revenues Totul of Greiu Britain Totiil o( Ireland 'I'ulal of the United Kingdom, exclusive of Loans . Deduct Balances Tot.d Jlchtal Revenue of the United Kingdom . . . Total Expenditure, exclusive of the Sinking Fund. 1819. 2,i08,654 1S9,9:)8 2:{6,288 _JlJ9,0:^9 87163.929 058,338 211,225 832,918 328,931 17531,442 54,395,894'5j,977,039J1,8t<2,87l 5,822,550. 5, 956,00 6 5,576,592 60,2 1 7,944 67,933,645 (J0,459,463 2,507,851 £ 11,280,062 24,800,345 6,58l,85(i 8,279,930 2,211,679 30,523 50,094 148,192 58.418,681 Tm3,I34 079,130 237,513 331,893 1820. 10,547.579 ^8,055,314 6,038,890 8,855,322 2,122,928 80,811 56,989 132,967 55,840,806 1.484.190 57,042 175,1.55 283,810 343,903 859,911 56,700,718 4,933,352 61,684,070 2,265,7051 1,779,212 1,804,389 57,650,581)59.067,911 58.680,25 l|59,769,ti80 58,541,019,57,872,428 57,892,541 57,476,755 Vii. To!al Income, exclusive of Loans, for the 4 Years £235,768,408 Total E\i>enditurc, exclusive of Sinking Fund, in the 4 Years. . 231,285,776 Total NetSurplusof Revenue of thoUnited Kingdom, in the 4 Years £4.482,686 An Account of Interest paid in each Year to the Public for the Funded and Un- funded Dt bt of the United Kingdom, and for the Charge of Management at the 'Jiaiil: of England, for the 4 Years ending the bth of January, 1821 (exclusive of the Sinking Fund) as charged in the Annual Finance Accounts. For Interest paid on Funded Debt CiKir);es of Management Amount of Interest and Charges Inter est on Exchequer and Irish Treasury Bills . . Total Charge for the Funded and Unfunded Debt. . 1817. £. 29,100,085 284,589 29,450,674 1,815,927 81,266,601 1818. £. ^8,873,636 277,699 29,151,337 2,200,414 2 15 m appropriated I'und.s for I>oc'Pur[io.H's XII. Misccllaneoii." Services at Home Miscellancons Services Abroad Tolal Miscellaneous Espcnditurc (less Charges of Management) .... D'duct Sinking Fund of Ix)an to E.-India Companj [repaid by iheni] Expenditure in the Year ChargesofManagement.iS Collection of ihe Revenue Tolal Erpendilure in the Year For Interest on the Funded and Unfunded Debt, ) and Charges of Mar.ageineol — as follows : . . \ E.V[)fncea of lli<' Civil List, Military Establish-) n-.ents.CivilGovernni'& ExpencesotColleclii-n \ Amount qfKxpendUure, excluiive oflheSinkinrjFund Sinking Fund Auiouul of Expenditure, indudingthe Slaking Fund 163,169 130,646 1,821,815 64,5i2 15,000 447,638 62,920 8,841 133,870 727.211 1,028,0001 808,167 129,627| 983,000 198,056 189,988 £. 29,126,979 276,419 1 7,667,586 47,070,988 L849^0 48^20 ,148 857,780 204,831 1.S2.081 1,865,7 49 67^67 15,000 457,678 60,158 89,676 135,135 765,014 .S85,282 "830,046; 14,000 13,700 03.658 1,311,044 T137157 15,000 472,234 58,755 6,541 372,833 988.5201 1,194,098 65,188 13,800 387,066 56,948 8,849 884,897 451,404 2,.52 4,000 2,793,580 1,155,476 6.473.062 374,297 887,1 1 1 14,000 18,700 68,660 4831471 2,424,600 2,696,798 1,400,116 369,0901 313,933 14,000 18,700 47,534 690,698 381,504 889,167 1,435,401 7.014,494 2.600,370 1 1 ,050,265 6,521,714 1,407,807 7,255,016 1.261.,TO8 9,'J24,8j1 "33,2J^3| "42,585 2,301,699 164,784 'J ,460,483 68,875,542 165,03i> 68,966,073 69,599,276 68,710,503 4,S.)1,837 68,821,437 69,448,899 73.062,340 31,266,601 27.277,448 J8,o44,04'J 1 4.5 18.29 1 73.06 i;.340 206 "60^7[ | 1,722,956 897,935 8,281,000 2,949,728 1,164.824 859,2 i:i 14,000 13,700 51,426 438^39 3,154,000 1,801,0P6 1,132.71.1 6,395,5.^21 6,:Jt»7,(t)9 1,538,209 7,719,924 1,730,727 10,988,860 1,401..')85 7,941,513 984,911 10,328 ,009 t,2aO 53^01 2,620,891 1,595,207 260,741 1,855,948 49,129 2,324,653 292,048 2,616,701 144,636 150,376 717)07,649 156,907 4,403,757 73,225,194 81,351,751 26,520,677 57.882,428 15,352,766 73,225,194 4,249,236 78,698,185 30,792,025 26,600,519 57,392,544 16,305,591 73,698,135 70,850,742 4,136,642 74,987.384 31,858,612 26,884,148 57,476,755 17,510.629 /4,987,384 t i No. III.— S/iUrmpn To T«1M M pfT followin* SpMlficatlon. ^ ^ BALANCES in the hand* of roll.'cU)r» and Kcreivrrs nt the clone of tlio lear IMI'J ., EXCISE— MMt. Hops, Doer fJin, Rum, Hrundy T| Tea and Coffeo .. > , ^, ^ " "-4 Tol«cco and Snuff > ^^7 f«*'(/m*, •» Salt J Ireland.) » Winr, r,>der, and Sweet i Soap and Candles 5 licences .} Bills and Receipts ■% Fire Insurance Stage Coaches and Post Horses f ]Vewspapers and Advertisements Gold and Silver Plate Almanacks, Medicine, Cards, Dice, &c. POST OFFICE . Property Tax Arrears " Pensions and Salaries 11 Hackney Coaches and Hawkers 9 Lottery . . .-. I'nclaimed Dividends » Miscellaneous $ H '^i H 18 3i Total Receipi within the Year , Jf Received on Account of Loans ~i — r^ GRAND TOTAL OF INCOME .. 16 1 No. lll.-^StatemeiU of the Government Incomt and from the 5th of January Dr. To TaxM M per followliiic flpeclfleadoa. BALANCES in the hamii of Collectors and Receivers at the close of the year 1819 EXCISE— Malt, Hops, Beer Gin, Rum, Brandy Tea and Coffee .. > ,^ ^ , Tobacco and Snuff J (^e^ Custom,, Salt S trtland.) Wine, Cyder, and Sweets Soap and Candles I^icences Glass, Leather, Paper, and Prints . . . Auctions, Bricks Pepper, Starch, Vinegar, &c CUSTOMS— Sugar Silk, Cotton, Wool, &c Timber, Deals, &c Wiiies ($te Excite) SpiriU Ditto Seeds, Cheese, and Butter Spices 56014. Drugs 65740 Luxuries for the Palate Ditto of Fancy and Taste Unenumerated Articles Tonnage Inwards , Irish Duty on British Goods Ditto on Tea, Tobacco, &c On Exports— Coals 46650 Tonnage Outwards , Coals, Slate, and Stone Coastways . . , Quarantine Isle of Man, Plantations, &c Seizures Rents,&c. &c AMOUNT. ASSESSED TAXES— Und Windows Houses and Hearths Male Servants Carriages Horses and Licences 13295 Game Duty and Dogs Hair Powder and Armorials Composition To be added (see Appendix) STAMPS— Deeds, &c Legacies, Probates, &c Bills and Receipts Fire Insurance Stage Coaches and Post Horses Newspapers and Advertisements Gold and Silver Plate Almanacks, Medicine, Cards^ Dice, &c. POST OFFICE Property Tax Arrears Pensions and Salaries Hackney Coaches and Hawkers Lottery . . .-. Unclaimed Dividends Miscellaneous Total Receipt within the Year . . . Received on Account of Loans GRAND TOTAL OF INCOME £, 8,502,6S6 8 6) 6,5S7,804 8 II S,o30,389 11 i\ 2,98«,778 11 Oj \fi9ifi\A 17 6j 1,056,548 II 4 1,344,98S 4 m 901,977 S ll| 2,311,100 18 8 570,085 S 846,803 11 4 8,812,800 2,183,037 935,774 991.620 274,489 286,679 121,754 665,616 227,089 49,837 97,657 804 .673 560,563 1IU,9V8 67,108 1,076.320 17,562 46,750 51,870 82,517 1 6 14 9i l,203,7!i6 2,529,575 1,220.496 570.021 626, J 02 1,868,047 809,062 79,363 40 996 835.427 2.322,986 1,659,684 989.606 601.925 520,334 635,068 72.852 126.126 13 9^ 8 3J 5 41 15 51 17 10| 9 1 2 6i 6 9^ 45.123 27.030 65,734 175,154 283,810 563,592 lOJ 10 3 2 11 TOT A I REVENU £. 1,779,811 « 1( 89,619,S0S 1 11,974,572 10 8,182,619 11 6,828,884 19 8,068,061 14 1,150,44 6 11 61.603,298 19 17 292,544 16 £78895.843 16 :r-; fiT-." yemmenl Ineome and Expenditure of the UnitdKiiigdam of Great Britain and Ireland, rom the 5th of January, 1840, to the 5lh ofJcmary, 1821. 15 101 2 11 1 1 6] 5 2| TOTAL REVENUE. £. a. d. \, 719,911 10 89,619^03 1 9^ 11,974,572 10 S| 8,182,619 11 6} 6,828,884 19 2J 8,068,061 14 10 1,150,446 11 llj 61.603,298 19 7 17 292,544 16 6 £78895.843 16 1 Cr By BipradHare u per rollowlnc SpecUcation. AMOUNT. Inlereat on the UnicdeenKd Funded Debt Do. on Exchequer tmd Irish T. B. Do. on Imperial Debl Do. on Portuf;uf)ie do Charges of Maotgement CIVIL LIST Pensions, Royal Family, &c Salaries and Allowances Courta of Justice Mint fSaiary if the Matter) .... Boanlien (for Capture of Stavet) .. Russian Dutch l>oan . Irish Life Annuities Duke of Wellingion Holyhead Road ■ ■ Commission' for inquiring into Charities Similar lt;ms for Ireland Civil Government of Scotland Bounties on Linen. &c exported Pensions out of Post-Offic^ and Excue Militia and Deserters' Warrants Issues for Local Purposes (Ireland NAVY, Waijes to Officers and Men . . Ditto to Dock and Rope Yards .... Half-Pay Imprests, Salaiit's, Marines, Pensioners Ships and Stores Transport Victuals ORDNANCE £. «. 28,964,204 II 1,819,219 13 154,640 18 8.127 6 276.419 3 ARMY, Pay and Clothing Public Departments Half-Pay, &c ChelscH Hospital Disembodied Militia Barrack Department Commissariat Chaplains, Medicines, Fees, ^c. Exiraordioaries Ireland Miscellaneous Services at Home . . . . Ditto Abroad Collection of Customs . . ......... Excise , Stamps Assessed Taxes Post Office • . , . . Property .. ... Lottery Hac kney Coaches and Hawkers . . . Sundries Parchment and Paper for Stamps . . Quarantine and other (Charges Total Ejtpenditure exclusive of Sinking) Fund ) Balances in the bands of Collectors and I Receivers, 3th January, 1821 , f Sinking Fund (exclusive ol E.-I. Company Excess of Income GRAND TOTAL OF APPL1C.\TI0N.. d. 1 10 827,066 8 91 56,948 4 9 65,137 17 2^ I3,8U0 2,849 119.517 1 38,978 17 20,000 30,000 16.200 17 3 9 TOTAL EXPENDITURE. 381.503 19 132,080 11 859,212 15 27,700 51,426 6 lOi 49,128 18 526,000 874,000 901,000 1,153,000 1,5;{5,172 265,613 1,132,713 1 19 5 1 7 3,002,031 162,967 1,271,286 1,007,973 200,033 Ifie.OOO 516.594 80,330 966,737 1,493,699 19 10 11 14 8 6 1 51 2,324,652 292,047 16 9^ 12 6i 1,479,106 1,410,189 221,.«7 88l,t84 588.514 15,395 19,000 9,342 5,871 36,483 «. d. Sl,252 611 IS 7} 1,062,011 8 24 690,498 6 9{ 1,001,058 11 4} 6,387,799 5 8 1,401,585 5 11^ 8,927,658 5 SJ 2,616,700 9 3| 4,173,125 12 91 142,136 11 If 57,655,174 9 6^ 1,864;S89 8 7f 17,510,628 18 8| . ' 1.86.5,651 1 7| £78,895,843 161 r" II '■ PRO GRIiCn, LKOB, ET RBQI. The People, the Contlilution, and Ih* King. THE S)tate of tfte 0mw, S(c. Sfc, THE first four pages of the five-and-slxpenny edition, con- sist of a preface, in which it is stated, « That the ministers of a flee an ithin the year without the imposition of any new taxes, is somewhat like, what some people would call, blow- ing both hot and cold with the satne breath ; but, as the logic of His Majesty's ministers is proceeded in, it will, as well as their arithmetic, be better understood — that ii, in a negative sense ; for, in a positive sense, it will be seen to be totally impossible to understand either; the common-place under- standings of the day for instance, would suppose, that, by raising the whole supply of the year without the imposition of any new taxes, the old taxes had produced a revenue equal to the expenditure, and that twenty-seven millions was the actual amount of that revenue and expenditure : such is the deduction which the disciples of Playfair,. Roid, and Stewart would draw from the logical representations of II in Majesty's ministers ; but it will be seen by the following arithmetical statement deduced from the volume of Finance Accounts laid before parliament, that, for the year 1816, th« amount of taxes raised, £. s. d. In Great Britain was 62,42ti,505 19 9 Ditto, ditto raised in Ireland ........ 5,817,287 19 10 A nd that there remained of the Loan con tracted for in 1815, to be paid in And that the Bank of England advanced 3,000,000 Making, instead of twenty-seven mil. j ^^-^J^"^^ lions, a total supply, or uiccme, et . . ) . con- ) • • • 7 939,802 16 3 i i i / 01. tl iV;i nciii.il ."vi-.ont'it'uv iUy thf s«nio year, as before slated, was, jf;nff.."..">.;.T17 ('V. 'Ill : or an excess of expenditure oviT int'oirr. of .l;i'J,.'.'T(). I 10. lOv. \(i. But then it is the rcconcilin."' ol" smh rji;n\^io\)s and rnormous discordances in nunu'iital roj)re;^ini:uii>ns, -/:. thjit of nuikin'T 27 niillion.s mean M?) millions, aii^l lai-in^f the supplies within the year, whilvt the cxpiudiiinc vxcteds the supply by nearly ^2^ mil- lions, tliat cunstituits the peculiar characteristic and un- rivalled reaiur(> of Hritish financial lef«;ihlation : it is the jjcculiar charm which His !\1aje.-.ty's ministers possess to make the PythajTorcan scale of numbers, the scale, which tliat lofT-jor-heatled old lioobv Sam. Johnson said, was at once discovered to be perlect, to operate in a diauiclrically adverse ratio to their innate power. Pag<»s IS and If) of the llveand-sixpenny edition, proceed to state, that in 1817, the army and navy underwent a fur- ther reduction, and that the supplies were reduced accord- ingly ; and, as respects the ways and means, it is stated at paL^e ^0, " it may lie sullicitnt, without enterin,.j()0. oC') jurcrnt. stock, in nothing compared with the novel and delightful complexity of a 34 percent, stock. At page2G, it is slated, as a further distin- guishing feature in the finance of this year, that, though eigh- teen millionshad been added to the unfunded i\An,tifiy nnlWom liad been paid oft' the *' «a/iowa/ " debt in the course of three years!!! Thus, up to the close of the year 1818, that is ir^ the three years 1816, 1817, and 1818, although, accord- ing to the accounts annually kid before parliament, the acr tual expenditure exceeded the actual > €• «• d. income in 181C, by {22,370,140 10 4 And the same, in 1817, by , 15,441,268 t* IJ Being a deficiency, In two years of. .. . 37,811,408 15 5^- Notwithstanding which deficiency His \ Majesty's ministers state to have paid ?■ 27,000,000 Q off the '^unfunded'' debt in 1817 . > And of the « national " debt as above . 50,000,000 Making a sum total of no less than . , 1 14,81 1,408 15 5|> effected solely by the amazing power of [lis Majesty's minis- ters' method of applying numbers, and by only again increas- ing the unfunded debt eighteen millions ! ! ! Had Majesty before ever such ministers ? No. Now, just by way of com- parison, let it be seen how the matter would stand on old Cocker* s method of applying numbers ; the deficiency of supply in 1816 and 1817, he would say, was made up by Exchequer bills, and, as appears, by the volumes of accounts annually laid before parliament, he, that is Old Cochvy would Hell ^yow, that in 1818, for those very Exchequer bills, £S4,S95,3(>0. capital was created; and, tliat an in- I I 15 nnm. in stock, i» exily of r clistin- rrh cigh- inilliona of three hat is in accorcl- the acr s. (I. 10 4 r. 15 1* p»t Q 15 5| 's minis- increas- Majesty of com- , on old icncy of le up by accounts Cochvy tchcquer ,t an iur i I ciT.isrd charge of ,£1jG,S(>0. per annum, was also created for the 3 millions rccciyed as a bonus for creating the S\ per cent, stock, out of the 3 per cent, stock, equivalent to a further capital of £«4,545,.'33S. 6s. Sd,; and a capital of £3,000,000. Mas created in 18IG, for the £3,000,000. received from th« Bunk, so that whilst £50,000,000. of the national debt wag paid ofTon one side, £42,440,693. was ailded on the other side, and the luifundcd debt increased £18,000,000. so, that in fact, according to Old Cocker's method of applying numbers, the operations ofthc three years, 18k5, 1817, and 1818, would re- solve themselves into the following position: — v/2.That,to raise supplies equal to the expenditure, the national debt and un- funded debt together, were increased £60,440,693. and re- duced only £50,000,000. leaving a balance of increase burthen of capital of £ 10,440,693. after giving full credit for the advan- tageous bargain with the Bank of England. Instead of the effect of £1 14,811,408. as previously deduced from His Ma- jesty's ministers' five-and-sixpenny edition of their pamphlet, such is the ditfeience between the old method, and His Ma- jesty's ministers' method, of applying numbers. The advantageous bargain with the Bank of England in 1816, also requires not to be passed over without further illustration, and this will be best done, perhaps, by just giving a brief sketch of the rise and progress of that establishment. In 1694 then, the Establishment of the Bank of England was formed by a subscription of £1,200,000. in shares of £100. eacli, and the money lent to government at the rate of 8 per cent, per annum; and, in 1709, out of the profits made by the transactions with His Majesty's ministers, of that time, tjie Bank was generous enough to lend the government J^4OO,0OO. more, without any interest at all afler the first two years ; and from that period up to 1746, by the mittual 1i till i \:Ji^ u »nd rrciprocal intercourse of Hia IVfnjesty'rf niinislors, ofilmsft clays, with the gentlemen of the nmik of Enj'land, the latter MTcre generouH enou^rh to extend their kindnen:) aiul accuiii* modation, to His Majesty's ministers, by lending on interest, to the extent in the aggregate of £* 1 1 ,680,000. The inte- rest on which has been gradually reduced to 3 per cent, jvr antutm^ that is 3 per cent, on the £ 1 1 ,080,000. ; but, nevonhe- losB, aff<)rding an interest of about 29 per cent, on the original aC 1,200,000. ; and i? 1,200,000. it must be remembered, is all that the proprietors of the Bank of England have ever advanced up to this day, in the fair and legitinuite sense of tliat term, every shilling beyond that sum resolves itself into a mere permission on the part of the Bank of England, toallow HisMajesty's mini- sters to make use of the ])ro(its which they have been the means of placing in the hands of the gentlemen of the Bank; and, in return for this kind permission, in June, 1799, His Majesty's ministers conferred a bonus on the gentlemen, liolders of the £11,086,000, or rather on £11,042,400. of the amount, of 10 per cent, being £1,104,240. subscribed into a 5 per cent. stock, denominated 5 per cent. 1797; and, in May 1801, another bonus of 5 per cent, or £582,120. subscribed into the Navy 5 per cent. ; and, in November 1802, another bo- nus of 2| per cent, or £291,000. subscribed into the same stock ; and, in October of each of the years 1804, 5, and 0, £582,120. or £1,740,300. in the aggregate, was generously distributed amongst them as bonusses, in money. Other col- lateral advantages, which the gentlemen of the Bank have de- rived from their monopoly, and their amicable intercourse with His Majesty's ministers, will develope themselves as the de- tails of the advantageous bargain of 1816 are proceeded in. 63" Know then, that after His Majesty's ministers had, from the commencement of the war in 1793, paid to the Bank of 1 I 15 I i Kngland a sum, approximating to 7 millions, or on an av«» rajTo abont £'2M,i)00. per annum, for their trouble in payin;{ dividends, under the liead of Charges of Management of the National Debt: in 1807, the charge was i(?297,7j7. 16*. Hd. reduced in the following year to X'i? 10,549. ^2s. Id. but pro- gressively increased again to X'ii^^ljSSO. \\s. \\\d. in 1817. C Vide vols, of Finance Accounts fur the respective years.) A Her this, and a iiuther amount paid to them, approximating to one million for nceiving of Loans and management of Jjotteries; and an amount, approximating to 3 millions more, for discount on prompt payment of the loans : from 1799 to 18 19, both inclusive, the amount was £3,501,272. (exclusiveof about 3 millions less paid in on the other side of the accoinU, than stock was created for, according to the letter of the respec- tive contracts;) and government have fretpiently paid thelirst half-yearly dividend, on the said loans, befor« three-tenths of the loan was paid in, being equivalent to 3 to 5 millions more, and, the Bank further making a profit indirectly, of a siun, ap- proximating to 15 uiillions,or about half a million per annum^ by the a))plication of the lodgement, or balance, resting with them, in conse([uence of the whole national revenue passing through their hands, being equivalent to a perpetual ])a« lance of not less than 10 millions, and a fluctuating ba- lance to a unich larger amount. After, all this, and paying the Bank — what with the 3 per cent, interest on the capital of .:^1 1, ()8(),000.— dividend of 5 per cents. 1797, and 5 per cents. Navy — interest on about 20 millions of Exolu'tjuer bills, which they kindly held for His Majesty'* minislers, togetlier, with the belbre-mentioned sums, amount- ing in the aggreg:»ieio about 2 nullions;;rr «;?w«/w, after all this at the terminaiioii of the war in 1815. After many pros, and (ons. between the >)entleuien of the Bank of England and 16 Hig Majesty's ministers on the TJ"^ of May, 1816, the advan^ tageous barjjain in question was concluded, aiui it was as follows, viz. That in return for the Bank of England kindly condescending to manage His Majesty's ministers' money concerns on the same terms as during the war, that is to re* ceive about jg275,000. jnr annum, for paying the di- vidends, which every one of the private banking-houses would be desirous to do without any charge — for obvious reasons, because the money which passes through their liands^ would yield a profit of about half a million per annum, by Mraply discounting ostensible bills out of the amount, which resolves itself into a perpetual balance; Such being the conditions, the Bank of England again permit His Majesty's ministers, to make use of 3 million* out of the 7, t(/ 12 millions of the balance of which the Hank had regularly held for them, and with which they had been in the habit of making 3 per cent, per annum, by lending it to the merchants, or the government on Exchequer bills. It was in this manner, that the Bank kindly condescended, good-i.'atured souls, that His Majesty's ministers should make use of 3 millions of the public balance, paying only j(^90,000. per annum for it, that is, paying the Bank ^^90,000. j)er annum more than before, for making use of what, as trus- te,800. received 7 per cent, per (irnunif axclusive of the bonuses detailed at page 14; and, ti-om 1807, they have received 10 per cent, in addition to tlie dividends on the stock, created a^: bonuses In 1799 and 1801. In consequence of which, each £100. of the £11,686,800. as far as the holders amongst whom the three millions in 1816 were j^^/oportioi nbly divided, are disposed to sellj they get £220. io ,.?2!70. according to the caprice and price of the day. On the 10th of May, 1816, thirteen days p*-ior to the acuantageovs bargiiia being concluded, £i00 of he £11,686,800. commanded £262. but after the three i /till ions were added, so condescending were the pro- prieto;;? thai they orfered, ar.d, in soir.e few instances, ac- tually took }\i very 'educed price of £21.5. lor v.hat in reality ccsnt theni nothing;, and nominally only £100. ; but from 1817 to 1819, agivin they were able to obtain no less than £![;3j. to ;3270. making the nominal capital of £14,686,800. (il.e result of an actual capital of only, £1,200,000. in V6d\) equivalent io about 40 miUions in 1822; and tJie r?sidt vvoi Id excite pride and satisfaction, rather than regret, wevT it net for the melancholy reflection, that in the rneon tiw, abcut 5 to 10 times as many famiUes as the £H,6S0,800. is divided amongst, have, as a consequent (though not directly })crccptible) ellect, been driven to the ■workiiouses of their respective })arisae3. It is nuich to be regretted, that t)ie principles of nntiunvl fmance, are not so' far understood, as to enrble the Bank of England to pro- mote in, its due relation, ihc best interest of society, which would prove its own I>est intensi ; wiihout its exciting, as at present, the bitter und j.oignant fc<'linrts of His Majesty's ministers' «lill further to iliininish the expenditure, are expatiated on with all Hi>< Majesty's ministers' usual power of volubility and grace. But, at page 31, comes a moreover, " There were, moreover," says the 5s. 6d. edition of Flis Majesty's ministers* Pamphlet, " two special demands belonging to the year 1819; the one for 5 millions in re-paymeni to the Bank of 5 of 10 ftiillions owing to that establishment ; and the other, also, for 5 millions in discharge of Exchequer bills." How un- gen'Tous after making such an advantageous bargain with the Bank of England in 1816, and paying ort' '^7 r "ions of the unfunded debt in 1817, to (piibble aboiit 10 millions, in 1819. But, the 5*. 6^/. edition proceeds to state, " The whole sum to be raised for the ordinary and extraordiaary service of tlie year, was a small excess above 3<^ miilions. The ways and means of the year for raising this larg* amount, and for establishing public credit upon a solid basis, vrere distinguislied by two new measmes ; die one a cona- pliij.nce with the recommendation oftheFinance Committee, i:f IKi'OtlNe NEW TAXES TO TliC AMOUNT OFTURi^K MILLIONS; «0 the other — What? Why, a t.oan oftitelte MiTiLiONs/rowi the Sinking Fund! ! /" The reason and propriety of both tliese Veasnres is expatiated on at page 32, at the conclusion of ^•hich it is stated, that, " It is assure'dly not too mnch M •ay, that in the imposition of four out o£ five of the new taxes, THE Chancellor of the Exchequer made such ft selection of tlie suhject matter upon which they were im- posed, that the burthen of them is in practice so insensibly felt, that not one person out of five hundred can enumerate the subjects taxed: " Indeed," says the bs.Qd. edltior , *' so considerately, and with such just selection, were these new taxes imposed ; that, up to the present period, they are paid by the consumer, and almost by the dealer, '. ''hout the con* consciousness of any increp^e." A third measure in the History of the Finapcc of 1819, if expatiated on at page 33, " and which has not only received its due praise, because," says the bs. 6d. edition, *' like many other measures of His Majesty's ministers, the process of it has been less ostentatious than the eflect visible. The mea- sqre in question was, in the transfer of several articles, under the head of coffee, tea, cocoa, pepper, and tobacco, from the Customs to the Excise ; it would far t. ceed." The- 6.V. Gd. edition at the same page proceeds to state, " the pos- ■ible extent of this summary, to enumerate the many other examples of this mode of economy, in which so much, and with so little pretension, has been saved to the nation. With His Majesty's ministers, economy has been a business, and reduction a duty ; and they have felt it more to tluir honor to act than to talk ! ! !" Take the following as an example, in the Tolume of Finance Accounts for the year 181 J, fol. 217, under the head of money paid for miscellaneous services, is the following item, " in dcfiaying the extra charge for contin- gtacies of the officcii of the Three ?Jt^cieUties of State, and^ ft m SI »NS from 3th these ;lusion of much W the new ide such were im« isensibly numerate lor (( so lese new are paid the con* ' 1819, if received ike many cess of it Che mea- cs, under ;co, from I." The. ' the pos- 3ny other Itch, and ^. With less, and I'ir honor plo, in the 17, under !S, is the jr contin- itatCi and^ ^itto, ditto, messengers of ditto, tofjother jg4G,800." part of >vhich purports to be for the year 1814 ; for the years 181(5 and 1817, there appears no such items, but in 1818, fol. 303, there is a charge of ^28,200. for 1815 and 1818; and at fol. 303 in ISIH, is a charge for the like purposes, of £88,317. 9s. \\d. for IS 18 and 1819; and in 1821, fol. 175, there is a similar charge of £56,445. 10*. Id. for 1820, although for ISIfi and 1817, thero appears no such item as the above ; there is however the following charges, fol. 217, for the year 1816; it may be added, that these charges far exceed the same heads of charges during the war — so nuich for the consistency and economy of His Majesty's Cninisters, ! ! ! Towards defraying such expenccs of a civil nature as do not form a part of the ordinary charges of the Civil List, 1815 and 1816 JFolio 218— To replace to the Civil List eums become chargeable thereon is- sued thereout since 5th in respect of those services Jiereafter to be otherwise pro\ s. £. 378,150 18 d. t o the Civil List-x Die thereon is-/ January, 1816, > vices which artA } provided for. . J 185,000 So much for 1S16, And for 1817, Folio 309 — Is also towards dcfrayinn; such expences of a civil nature as do not i form a part of the ordinary char^^es of the Civil List 1816 and 1S17 JDitto — And to dell ay the charge of I lis x Majesty's Foreign and oilier Secret V jBwTvicei ISiaJ Sd much for li>l7. £563,150 18 2 602,154 IS 4 30,569 13 a i::.j':.7'24 9 lo li And for 1818, Folio 303 — In addition to the charge of £28,200. to defray the charge of Con- tingencies and Messtnigers' Bills in the Department of the Treasury, Three Secretaries of State, and the Lord Cham- berlain, is also towards defraying such £xpences of a civil natnrc as do not form a part of the ordinary charges of the civil List 1817 and 1818. And for Secret Servicej 1810 So much for 1818, And for 1819, , Folio 305 — In addition to the ^8,317. 9s. 1 Irf. to defray the charge of Corttin- igencies and Messengers' Bills in the de- partments of the Treasury, the Three Secretaries of State, and the Lord Chamberlain ; there is also again to de- fray such Charges of a Civil Nature as do not form the ordinary Charges of the Civil List 1819 J To make good Deficiency of Grant for do. | 1818 i To make good Deficiency of the Fee Fund, > 1819 > To make good Deficiency of Grant for do. i 1818 } For further defraying Expences of the ^ Court and Receipt of Exchequer . . . . S Folio 3(JG — To defray the Charge of His Majesty's ministers' Secret Ser 18 £. $. A > 383,r)76 13 61 41,141 10 £127,817 ;j 6f > 251,897 11 1.J 79,154 8 H 65,167 8 o| 18,449 4 C,538 18 4 <*- iiarge of His v Service . . . . > 1816—1819) 53,055 2 . So much for 1819, £474,2R'2 12 3 M r:sss«i $. 52 12 3 23 An56,445.- 10». 9d. to defray the charge ol Con- tiiigericits, &c. ^.c. as bf lore. There is again also, to defray such charges of a ^ 347,898 12 1 j Civil natiirt; as do not form a part of the Ordinary Charges of the (^ivil List, 1819 and 1820-^ Towards making good to the Civil Con- > tiiigcncits 1819 | To make good Deficiency of Fee Funds, ^ 1819 and 1820 \ Expences of the Court and Receipt of the ) Exchequer 3 Towards satisfying certain Aiuiuitics, Pen- sions, and other Payments upon the| Consolidated Fund or Civil Li»t . . . To defray the Charge of His Majesty's ( Ministers' Secret Service, 1819 and 1820 j So much for 1820, Being an increase, in 1817, of £98,013 7^ And, in 1818, of £203,020 6 10| Afe r which, who slmll say that His Majesty's ministers have not felt it more to their honor to act than to talk ! ! ! But, perhaps, the progressive reduction, under the head of Civil List and otlier Cliarges on the Consolidated Fund, will place the subject in a somewhat different point of view, let us see then how the matter stands. On the 5th of January 1817, the two Exchequers of Great Britain and Ireland, were imited, for which years, the civil list charge was X^2. 303,662 2 911 and for Civil /- 130,646 3 4 andfor 1818 2,370,079 13 0^ J. Government oJ 129,027 3 41 andfor 1819 2,538,666 3 8 3 Scotland. L 129,998 5 5| And under the head of miscellaneous, for the year 1817 th» charge was £2,509,068 9 O AiidforlbiO £2,616,700 9 3| 21,563 3 loi 71,803 17 H 4,061 7 132,063 i 53,347 10 e630,737 10 H 1 24 by which it is seen, that look which way we will, it is very obvious, that His Majesty's ministers have felt it not only more to their honor, but to their interest also, to act than to talk ! ! !" and as expressed, at page 31, of'ihe 5*. (id. edition of their pamphlet, " If they could reconcile it to their per- sonal feelings, to produce a claim to the public gratitude with as much frequency of pertinacity, as their opponent! can deem it consistent with ca'idour to repeat day after day the same exploded charges, if in acts of duty as in acts of grace, this commemoralio heneficiorum was not quasi ex- probatio in ingtatam patriam ; if it were as much a matter of course to repeat one's own deserts, as it appears to be to repeat popular calumnies, it would be easy for His Majesty's ministers, or their advocates, to produce a long account of services of this nature, and to vindicate their claim to mn uniform course of economy in everj/ branch of the publie service.''^ After this who can deny that His Majesty's minis- ters have not felt it more to their honor to act than to talk ; and yet, there are persons, vicious and perverse enough to say, that His Majesty's ministers rather talk of economy than practice it. But to proceed, at the same page 34, "a fourth and prominent feature in the finances of the year 1819, was, " the bs. 6d. edition states, " the Bill, now popularly denominated Mr. Peel's Bill, in which His Majesty's mi- nisters firstacted upon their re*o/«/e purpose to restore the cur- rency to its original state;" and His Majesty's ministers' dis- play of logic on this knotty subject, for knotty it must still be c nsidered, is inimitable. "It was not one of those measures," say they, " into which they were pushed, either by party contest or popular clamour. But with the simpli- §ityj and it is not too much to add, with the sinccritt/ and 'm \:'' t m T It is very not only ;t thun to (. edition heir per- gratitude pponcMits after day n acts of a matter to be to Vlajcsty's icount of ;laim to he publie ''s minis- to talk; jh to say, my than a fourth ar 1819, >opuIarly sty's mi- the car- ters' dis- lust still of thoss d, either e simpli' mly and *:•' $5 dtrcrlnexs^ which have alwoT/a distinguished the acts of Hit Majesty's present niinistors, thoy resolved upon a real ami not a nominal oxtcution of what they deemed a piil)lic ser* vice." And, say they, at pn^e .%, " When time shall have cleared away the political prejudices of the day, and public ineasures shall be regarded accordlnjj to their real character, it will become the Ions; praise of His Majesty's ministers, that they held this steady confidence in tlie resources of the country, and the firmness of the public mind." The per- sonal difficulties, with which they had to contend with the gentlemen of the Bank of England; kind-hearted souls! is expatiated on with great feeling and delicacy. " In a word," say His Majesty's ministers, at page S7, "they had to make sacrifices from their own interests, and to demand ■acrifices from a public body, which, in its due relations, had n/a'fly* concurred with His Majesty's ministers in assisting the public service;" and that, in the process of the operation, *' the merit is theirs, of not having given too much weight to opinions, merely specftfnfhr ! ! /" On this part of the subject, His Majesty's ministers state, that, " It is certain, that upon the commencement of this bill in operation, the prices of agricultural produce and of general merchandize Were much depressed; but, it is now certain," say they, " that this depression of prices was rather a concurrent in- cidcnt than a consequent effect.'" And, from hence, they jiro- cced to demonstrate the position, with reasons as powcrfi 1 ut the inani- 03 the cxposi- •r utleinpt of Llioiis ;" Hii same general that su much sfundoffxir- Uowing page, id been made lion had been jf the pubHc tration of the for the lioiue " By the in- a new form J tliat of the asses had ba- rely to annoy ! the country I, to apply to protection." 1 at jiage 40, 1 addition for )llo\vs an cx- lals of treach- f gentlemen, ities of which iiilitaiy force I's of i)ailia- ' IS enough in ^' f «7 parliament, to reprobate the mmsure of «uch increase of liirce — What ingniiiudf? — Mut mark with what forbtftranca His MajrHty'H ministers met the rebuke; ond st-e with what exijuisite pathos and delicacy they exjiress themselves on th« lubject. " A loose rein," say they, "must undoubtedly be given to political conflict. Hut surely there are such things as gentlemanly hr)nor and Hnr dealing ! ! !" From hence His Majesty's ministers proceed to state, that, " under these circumstances," thnt is the increase in 1820, of the military force, " that it is their no small praiSe, that in those new perils, anil in the unf!)rescon necessity of augment- ing the home military estai)lishment, the total of the annual supplies of IS'iO, exceeded by so snudlan amount, the supplies for 1810." The result of the details will appear by-and-bye, in the general summary of the G years. At page 4'i of their 5*. 6V/. edition, Ilis Majesty's minister^ state, that, " in the year 1821, they persevered so far as the new circumstances of the country would allow, in their efforts to reduce the national burthens. In the jireceding year,'* say they, " they had been much embarrasBcd and counter-' acted in their attempts, by the interruption of the tranquility of the kingdom, from the practices of incendiary writers and speakers." Which practices. His Majesty's ministers state, " had rendered the security of the public peace paramount, even to the great object of national economy." It was in vain, His Majesty's ministers contend, in a strain as bold as con- cise, and concise as bold, " It was in vain to reduce the pub* lie expenditure, unless we first defended the common safety. In the great conflict with the common enemy abroad, we had come out glorious and unimpaired. It was a more perilous contest with that portion of the community, who were de- luded by the seditiouB writers and orators of the day." •8 St. Srba-tian, l*iim]>al\ina, U(r;;on-op-7,<)om, rould he fnrcd) but wliat wiiH to V illi^tand llic power of ihr IIoiihc tlmt Jiuk built, uiul llif Ni'w Yfiir's (iiCt trnu'r!4, «u|)')ortcil by (JonoriiU VVaddini^ton, iloMc/and (*urlisle. Hut, at ]Mi'ation by any foct or argiunent," say His Majesty's ministers, " it would be amply suiiicient to recall to public recollection, that the Six Acts, as tliey were termc'ation by " it would 1, that the pose, were inouH con-" ) inalif the articularly D obvious- zy deemed ir own de« i stated, at ospect fox !, they re- ;ted upon of 45, are iges 46 to iction and from 1816 result :— ^ and eX" nterest of tfu nallonul dtht ami the charges of the consolidated fund) was fiir I8U) 27,000,000 ami lor IHI7 'i.V)(K),(KH) do. IN 18 '2(l,«)fM),(K)() do. IH|t) V?0, 100,000 do. IS>0 20,700,(K»0 do. IS'JI 21,000,000 nndldly.that l)i(> t>Ml of llioonl nary > iDrMiivH.tmn yi'jri wjs 2I,HS7,000 ♦if),0(K),(H)0 '"•*''; IS, .S^u small cxccsa ■liinrf > 1 S, \'C. 18,000,000 bi'iiii», us will be seen, a total su})ply in the six years of I3i niillloiis, and a total cxpcniliturr iu the same period of about 1 IH millions, or an excess of supply over expontliture of 14 millions, anil a proirressive reduction of expenditure from 2.5 to IS millions jxraninnn, the increase in 1819 being accounted lor *' nntler the two new circumstances of the expected corona- tion, and the interruption of the public tranmiillily by the practices of incendiary v.riters and speakers." Pages 18 and 49 are occn])ied in shewing that the reductions have not been partial, army, navy, orduatJce, miscellaneous, have all, all (except the Iri/ling items (f the civil list, and other charges QU tl:.^ consolidated fund) experienced their due share of re- duction ; and at page 30, it is stated, that " during these re- ductions more than 16 millions of annual taxes were remov- ed, and 10 niillions of the Bank debt paid." And lastly, that " by these uniform ellorts for reduction on the one part, and for the sup})ort of public credit on the other, the national cinrency was re-established, and cash payments finally re- stored in the present year." The conclusion of page 50 to 51, comprise a sort of perora- tion or logical summing up of the subject of retrenchment ^nd economy, supply and expenditure, in which it is stated, that " It is surely not too much to say, that the amount of 30 !■ A ,?5'!i f 'i; >< i i! f'il ■'f''i reduction exceeds what could liave been anticipated by the warmest friends of cconuniy ;" and, with a tcndoniess, whicli no human being, except His Majesty's ministers, can hardly be suj)posed susceptible of feeling;, it is expressed, that " it is another question, perhaps, whether in the degree of these retrenchments ''is Majesty's ministers have not ;Mr 1,435,401 1818. K^timate. Jrtiuil Hxpenttil. 1819. Eitimatr, IJ,9M 7G8 14,9ii,9ft7 r>,494,W90 l,ifi7,<.)99 ll,il0,099 '^ 7,i55 6«fi 0,53 Kilt i,4n-;,s()o 14,3«2,5S1 Actual Exptitriit. 1820. Ettimate. 7,719,984 6,hOT,4Gr> 6,335,553 l,fiW,i09 Actu'il excfsiol' J (■X|)i'nditur{'iii ' 4_'( t eH;:..v...ro,or. £971,189. V £875,068. .J\ 15,G5J,6S5 -V ' 6,691,345 Actual Ejcpenitit 7,941,513 6,387,799 1,401,585 14,879,81,1 llS,730,<>97 £1,331,094. ^ £852,084. And the payments in 1820 exceeded those of 1817 by X- 807,940. And the total actual expenditure and income for the years 1815 to 20, both inchisive, were as follows : — viz. Years. 1815 1816 1817 1818 1819 IH^^O Tot:il (expenditure. £127,508,380 4 7^ , . 99, >jJ,747 G 2 . 7i^091,S.r7 10 9| . 7-J,250\.%8 10[ . 7J,812,;.99 11 11' Total liicoin?. X78,.']t5,.^.04 15 S| G 8,243,793 19 7 57,().50,579 5 8^ . 59,GG7,941 4 8 58,()24,597 G 4 59,821,087 9 7 75,022,540 5 G 1821 M ill not be laid before parliament till the end of May or June 1S22. By the above it is seen, that from 181G to 1820, inclusive, that insieiid of tiie income exceeding the expenditure, and leaving a burpius to juiy olf 27 millions of the un- 52 '^ I : I ' ;i fimded debt in 1817, and to reduce the national debt PiO lii'iU lions in three years, from 181(i to 1S18, as stated at pi»j^e 1^ of this edition ; and, subsequently, 10 milHons of the amount due to the Bank, that the expenditure in the five years, 18 1 (J to 1820, has actually exceeded the income, by no less than ^^90,726,113. 9*. 7{, and that instead of there being a rechic- tion of upwards of 70 millions in the expenditure of 1816 over 1815, that the actual reduction was only jf 27,754,G'32. 18s. ^irf, (see page 7) and that up to the close of the year 1820, the total reduction is only jC*52,28a,389. 19*. Id. although upwards of 300,000. coldiers and sailors were disembodied and discharged from the public service prior to the session of parliament in- 1817, and 40 cats, at the different store-houses, since put on. board-wages, at a ^aving ofSd. per head per week, and thaty instead of any reduction since 1817, the actual total ependi-* ture has, since that period, every year increased. It requires, however, to be understood, that the abov6 stated income, is exclusive of loans and issues of Exchequer bills, but of those only, and the sum total brought into the accounts annually laid before parliament^ for the years 18 1 G to 1820, inclusive, is, (including jf 5,930,802. 16.?. 3d. of the loanf of 1815, not paid in till 1816,) .4.^S0,57j<,S35. 3s. h/. so that, instead of any of the unfunded delH being paid oiij botli unfunded and funded debt are acliui/f//. und in reality, several millions greater in 1S22, than in IS if) : aiid so far from the resources of tlie country, as at ))>esent admir. 3s. hf. ng paid oilj i in loality, (J ; and so •nt admir.is- \ts annually KK). oftiew is previnuslj onsi do lately, sent period, )■ the dealer, nthstondjng, ■X # 3.1 v'.K^ r<«\»nno of 1890. ^vas, in reallu/^ and aduaUij as A,t fls coiisunijuion was concenied, :f5li?,281'. 4.v. 7rf. less than that of 1818, as will ho seen to be manifest from the follow* inji; representation: vi". — The flrf^wfl^'eveniie of the United Kingdom (()r 1818, after leaving balances and bills in th« hands of the several collectors and receivers general of the several depaitinents, to ihe amotmt of i?'?,2(i3,70t. \3<<.i\(h \xni\ resevving £ !-'^-'^-7"Jfi. JGv. 2|^. for charges of management was, £.>0,fiG7.7n. is. SJ. whilst, fijr 1820, leaving only X '-SUv'^O. ()>. 7\(!. balances, and reserving only ,:('4,15(>, ()4I. 139, 155,.0()7.O,v. 1 ^,for 1820,or as beforestated, £5 1 2,28 l.is.ld. less than in 1818, and although His Majesty's ministers have, through t'- medium of the diurnal press, announced that the revenue of the ITnited Kingdom fb" 1821, exceeds that of 1820 by vC1,0J0,475. in the proportion of i?.597,g29. for CJroat Ihitain, and ('4^13,251. for Irelantl; it will most pro* Ivably be seen, when the accounts are laid before parliament in May or June, that tliis increase has been the elll-ct of "con- curr> Mt inc'dents, antl not of coiisetpient ellects," as so hnp- pily expressed by His Majesty's min ors, at page 25 of ihi* e ^'tion, and when the subject comes to bo fairly anaK-ed.afoM" P ■ v ,i.;>- tor several " concurrent incidents" in favour of 1821 ; it vv '' : -( ve. that, as tar as tin; question of revenue is cou- cen\ed \u- an index of increasing ccmsuinption or jn'osperity of the country, that is, in the ir.eans of the people to consume, the revenue of 182 1, as well as that of 1820, will j)rove con- siderably les* than that tor 1818, notwithiilunding the im- w i-iiift!: 5 '-i '■ m f>08iuon of ne\r taxes in 1819, at tlie rate of X"3,lf)0,000. per annum^ so that, in faci, and actually, the condition in which the United Kingdom stands, aggregately considered, at the commencement of the year 1822, six years and a half after tlie conclusion of a war, out of which we came so glorious and unimpniredf is this, progressively decreasing revenue, and progressively incroiusing expenditure. Proceeding now to the 2d position, " for considering the sources of th'^ country," says the 5.v. G J. edition, " the most obvious order appears to be, to take the funds of production^ the heads of these funds are," the 5s. Gd. j)amphlet says, " th« con.merce, t' -^ navigation, the manufactures, the external trade, and the . i.al consumption." And, " under i;* lead of commerce, the first point is— the comparative state of imports through the successive years, from 1817 downwards." — "Now," the 5*. 673 1,477,876 2,030,862 1815 633,040 621,777 1,03 1,2.') 5 3,375,664 1817 818,383 388,676 693,256 4,161,824 1818 844,273 561,342 1,2.56,731 5,767,547 1819 79.5,877 403,101 966,823 4,871,513 1820 763,283 355,732 1,384,112 4,957,057 From the above, it would seem, that so far from any in- crease, the two first articles indicate a decrease ; the third, too irregular to afford any fair criterion ; and cotton, goingr back to 1814, appears more flattering than His Majesty's ministers have represented it ; but it must be remem- bered, that the years 1814 ajid 1815, were effected by the % Ij ^1 III .',-JI\"i 96 total cpssaiion of intcrcoiir'-o wiili ilu> chh f fund of prndnr- //ow of that article, and, if %\C' govern ouirolvcd by tlie yc.ir 1818, even that article indicates tlecreasln^ quantity : but, for a clear and comprehensive ex{;()sit ion relating to cotton, we must aj)])ly to the g(7ill(i)ttn collon biohcrs oi' Liver- pool, who assume to tliemselves a capability of makinor up as gootl a report as His ^lajcsty's ministers; and, to do them justice, they do, most of them, tell their story in a very strait forward kind of way, verifyini»', as Mr. Colton has said in his entertaining Lacon, make Aveldlnjr of iron the theme, and a blacksmith will be elocpicnt. I 'or the year just ended the gentlemen of Liverpool inform us, that the imj)or- tation of cotton for 182 J, has been less than that of 1820, by 75,890 bags, being only 4C0,(ilG in 1821, against 506,537 in 18'i0, and that the quantity delivered for con- sumption and honie use, was 491,000 bags in 1821, against 486,750 in 1820, and the quantity consumed is estimated to have beea in the proportion of 491.000 bags in 1821, against 466,000 in 1820, or an increase in 1821, of 25,000 bags or about 480 /}fr week; and, in the agregate, the consumption exceeding the imjjortation, whereby some apprehension may be entertained that our maniifrtctDries will be obliged to stand still for want of rav/ material to work upon. Sq prodigious is the energy of the people under the wise administration of His Majesty's ministers, that they seem not only likely to work down J'rench, Germans, Swiss, and the enervated natives of India, but to exhaust the power of production — what a pity the la- borer is not thcuglit worthy of his hire ; and })hysical, intel- lectual, and moral power the reward, instead of enervation, poverty, degradation, and crime, wliich the workhouses and gaols, throughout the kingdom, attest as having increased iu a greater ratio than His IMajesly'b mii;isters' representation of the increase of in;puru. m 57 the Yc;ir Ity : but, to cotton, of fjivcr- f nuikinjT id, to do 'in a very I has said lie theme, J St ended e inipor- \ that of I, atjainst J. for con- 1, against timatod to 1 \ , against !0 bags or nsuniption nsion may iA to stand jdiiiious is tion of His work down s of India, )ity the la- iical, iulel- onervation, houses and icreased in entation of TTo'.vr-vrr. to nllny present alarm, nnt'.viihstnndinjr 401,000 Im^j;'* were tUhveved for home u^e, in lS'il,and .01,000 more, j»ist t()kieptheFrench,(iennansan(iSwiss,inoj)erati(m,.'J.51314' baff verc irft o\\ bniui on New Year's Day last, so that there is (I liope ihat ihc ujiplv may hoUl outa litih' lonf^er; and, on a move minute ir.V( ttiiiation of the matter, it will porluij)s, be found that obviouo causes may, be adduced to account for tlie diminution of st!|)}!ly since I8bS, in which year 2ol,000 bafi;s were imported iiom Briiish lu 609,247 61s. ll]rf. •,' 584,182 47s. 6|(/. ^ 697,085 47s 8rf. f 711,185 49». lljrf. 525,219 418. Sid. ^' 679,581 S3*, ^d. ii •all these I increase ic ;" it is om three tation of strain of increase ; arly dou- ised from [is Majes- inore co- )m official represents nto Great id cohimn d reduced f refined ; n a refin- I prices of No. 4. 88s. 6d. 438. bid. 46s. lOJ. 36s. 5^rf. 42s. 0|r/. 68s. l|rf. 73.S. 4^rf. 61s. 11 ^rf. 47s. Old. 47s 8d. 49». n\d. 418. Sid. 33i. ^Id. nts having b€c» SO Instrad of the above fttatement vcrlfyln;; His Majesty's mi- nisters' siHsertion, that the import had encreased from 3\ mil- lions of ricls. to 4, it is seen that tlie minimum of importa- ti«m, f?)r 13 years, is 3,7(32,540 cwt.; the aggregate quantity exported appears, since 1817, to have been pretty equal, but the proportioiiof refined exported is obviously greater than during the war, the just inference to be deduced from which circumstance is, that wliilst the inimitable policy of His Ma- jesty's ministers, so kindly and condescendingly refines the sugar for exportation, that the refuse of the same, and the inferior kinds are left to supply the internal demand, M'hich in- ference is confirmed by the fact, that in London in 1818, there Were 3.50 pans employed in refining, and in 1821 only 170. There is no official account before the public yet, relating to the import and exjiort of 1821 ; but, by documents quite as authentic as those of His majesty's ministers, it appears that the import is 8 or 10,000 casks more in 1821 than in 1820, but, that the quality has been generally worse and weak, so that the refiners have been obliged to use a greater quantity to produce the requisite supply of refined for exportation, proving again, tliat the internal consumption has not increased ; and, as regards the value to the importer, the average of 1821 leaves off at 30s. 8r/. being 10 per reft. less than in 1820, about 25 per cent, less than 1819, 40 percent, less than 1818, and more than one-half less than in 1815, and about 145 per cent, less than 1814. If the ave- rage prices of tea had declined in a corresponding ratio to sti- gar, where would His Majesty's ministers be then ? They have said, as will be shewn by-and-bye, "that prices and pro" fits do not necessarily constitute the prosperity of trade, and jwsuredly do not compose the prosperity of a nation." How ! !i n 1 >* i,;i ■ '!(, 40 i*^ it ll)on that l/^.toiiofwliiih Mr. Ifouquii,iMr.Wlianij)(iu,rn(l otlicrs ill ('anion, arc euiiier to sell (<)i- !//». of cotton, worth in London, only .V. per //■. und, in fiicl, they give "J or 'J hs. of Boinc ofiheir lias }i)r a lb, ortotion. Mow is it? U-t it bo solv- ed, that the |i('Oj)lc ol'Eni^liind areoblij^c'd to pay tlu* price ot* t20llis. of sucli foLlon l()r l/h. oi'tea, and, in some cases, .'J0//». ol' cotton for Ml), oi'tea: hut, periiap/S, the gentlenien directors oi' the Hon. E:ist India (\Miii)any, like the gentlfnieii directors of the Bank of Eni>land, are ever S(»licitons '^ to concur with His Majesty's ministers in arHisting the pidilic service," or, that His Majesty's ministers i()rii()t, perhaps, wlieii ihey said " that prices and great j)ro!ils do not necessarily constitute the prosperity of trade, and, assuredly, do not compose the j)rorperiLy of a nsition," ihey forgot, no doubt, that on a sin- gle article, costing, in Canton, only about l'{jlOO,()00. the Hon. East India Comjiany, in lA>ndoii, made a profit, iii lSi-0, of upwarvlsof (, %V.(]0,()0{). andthat HisMajesty's minis- ters thensselves furtlier deprived X^'j,j.'il?,ll<7. 17.v. duty Iromihe same article. A\'hat a ])ity the slave })ro])rietorpof theWest do not iinderstand as well, how to concur with His Majesty's minister" in assisting the pul)!ic service, as the gentlemen of the East India Company and of the l?aid^ of England, tlie nvernge jirice of sugar would not then be at oOs. Sd. per cui. atid rum at \s. od. per gallon. With respect to the latter article, n/m, His Majesty's ministers' assertion is true, as re- gards the increased importation, the suj^ply has greatly in- creased in the last four years; the cause is obvious, the United Slates of America used to take 5 to 10,()U0 ptmcheons of rum annually, direct from the West India Islands, in retiaii for staves. Hour, etc. ; but, by a stroke of His Majesty's minis- ters' policy, declared to be -wise and ))olitic, in the bs. ()(/. pamphlet the WVst India j)lonters ha\e lost a customer on tlip spot for one-third out of their production of rum, and \feV it p()a,rrul vorth ill lihs. of 1)1' S(ilv- j)nc'i' oi' :'A)/h. ol' •ilors ol' liivctors cur with ncc," or, lu'V said oiistitute I pose the on a sin- 000. the )rofit, iii rs minis- iVom the the W(>st Mnjosty's Jeincii of Uind, tlie . per cict. ho latter lie, as re- eat ly in- c United tisofrum 'turn tor ?'s niiiiis- le 5s. ()(/. onicr on rum, and '.^■^ 4> llioy now send the whuh> to Rutland, not from (hj)ic<* or in- ducement, b»it from necessity, thongli, in many cases, tlu-y \vouhl be (jainei-s by U'ttin<; it run away, or feed honrs with tlie syni|) from winch it is distilled, as onb half of the ntin, when in Enjfland, has not realized the value of the cask uml expense of freight. AVith respt'ct to tobacco, the last article which His Ma- jftstys minister's adduce as havinfj preatly increased in im* port. The following is a correctre])resentation, taken from the [feturns of the tobacco warehouses of London and Liverpool. Yenr*. Tlie qunntit; importfd. Del lT«ipd for home uso. Exportation. 1818 3y,4SH 8,700 15,400 1819 18,800 8,450 16,000 1820 22,150 8,200 11,263 1821 13,200 7,800 13,000 Tobacco, it may be remembered, is one of the articles on which the duty was raised in 1819, from 3s. 2(f. to 4^. per Ih. with such jiist selection, ns hardly to be felt either by deah:^ or consumer, in contradistinction to which-, the Liveipool gentlemen (who, from their contiguity, are somewhat more interested in the question than the dealers in London, and Cfnite as nmch so as His Majesty's ministers ;) after relating the d(>crease in the quantitv delivered l()r home use, say, that *' fn Leland, sinCt? the duty was raised to 4*. per lb. the re- gular trade is reduced almost to nothing." From sugar, rum, ifa, tobncco, at page 58 of the 5s. Gd. pain])hlet, His MajestyV ministers proceed to state, that " Of imports, entirely consmned by ourselves, and consistinir "flf iin infinite number of smtdl articles, the general result >vill be be-t calculated by the gradual increase in the Customs and Excise upon these imports, sufhce it to obser\e," say His Majesty's ministei-s, " that, throughout all these articles, tUera has been an increase of at least two millions upon ol- * ! '} H'% m I f' I! f si. '^'I 412 tnost any year of ilie war!!!" His Mnjosty's niinwlcr!* jl» not cnUrinto any ruitlicr iletail on this pait of tlu-ir subject; it itt thertlbrciin})ossiblc to say how lUr their roiiiul iiuinberetl asserlioti is true or not, but evo>-y man ofc »>erienceiuKl j>rac- tical knowledge may draw his inferences fioni the incorrect- ncHs of the statements relative to tobacco, sugar, and the ar- ticles of the fii-at class of the funds of production^ here be- fore jjriven. From imports, in the same page aS, Ills Majesty's minis- ters proceed to exports, " The principal of which connected with the Hources of our national prosperity," they say, " art our cotton, woollen, linen, and silk manufactures ; our iroit and steel work ; our tin, pewter, and plated goods ; glass, and refined siigar ; to which may be added, our colonial ex- ports of coffee, rum, sugar, indigo, Hud India piece goods." And " under all these heads," say they, " it will be seen, that our funds of commerce and industry exist in the same vigor and inlegritf/ a.i during the war. From 1817 to 1821, the Value," say they " ol* our cotton manufactures exporteii, rose from 16 millions to 21 millions. But in no year of the war had the valufle of these exports exceeded 18 millions ;'* and when the accoimts shall be made up," say they, " for the year last past, namely, to January 1822, the value of our cot- ton exports will be found to exceed 23 millions : such, at/ least, is the promise of the last quarter. Under this head, therefore," it is with proud exultation enforced, " that the resources of the country are not only entire but exceed, by nearly one-fourth, the average of the last three years of the war." And here it would a»surcdly be unjust to His Majesty's mi- nisters, and to His Majesty's sul>jects also (whom the question ^illbe ieenmorft nearly and dearly to cowccrn) not to illustrate- "•^ M if:, .ij.'i. ■ "!:- i ,'5-'!! IHtcr;* jlo subject; uiiibercd iml j)rac- Mcoirect- (1 the ai" here be- 4 ' ' :i a minis- ; ' ounccted • ny, " art? '•!*• our iroJt ■<# s; glass, ouial ex- w goods." m seen, that m iine vigor 1821, the 1 exporteil, 'ar of the nillions ;'* « for the four cot- : such, at this head, ' that the xceod, by ars of th« csty's mi- / i> question » iiluiitrute' 43 fcioip ( Ip.ivly t^an it hrt«» ovrr yf^* hocn don«», thr cfTect nnA cnnsoi|ucmv of «hi- ••xultin^ increase in our cotton inanufiic- turt's. The [()ll<>\vin«j iluu is a correct stntfniont of ihr cv- j)oit thereof from IHI 1 lo IS2(), both iialiisivo, deduced fioin the accounts annually laid btfijrc paHianieiU :— lirfr, Kl.i.inrc Acriunt", cudhiir iih .Inn. I'llS, Arrnrillni? to HI* Jlrcnrrtlm *" •'•* |)|). V'lS iikI ,:ii^. Mi,i«-M)°4 LiiiiiiHti'ii, Mcrcli:ui(i>iiriluctAf- PI(tn ilittu .'illi Jiin. IS2I, |ip. I >H mill I I '. or jffli l.il talui'. i-il v^liir. In 181 i, the value ex portid, wui £\GX)QO^m £\7,:i9.i,lQn And ill IK 1 5, do. 'il,099,.5O5 19,l'24;O0l 1S16, do. 16,335,t«J 13,072,758 1817, do, 20,;J57,147 14,178,021 1818, do. 21,G'27,'J39 16,643,579 1819; do. l(),S76,'-206 12,388.833 18^0, do. 20,701,599 13,813,569 1821, do. 23,000,000 14,(XX)/100 The merchants' value, for 1821, is assumed, as the ofiicial nccounts are not laid before parliament before tli end of May or June; but the above representation will be interesting in more points of view than one, to see with what delightful g.ailation the merchants' value decreases as His Majesty'* ministers' value increases, is delectable — Oh! that tea would but recede in like proportion ; how delightful it would be, it would be then fit to compare witli carrying cotton from London to China, or coals to Newcastlp, creating a clmrge of £l36y'3iy0. per annum, for no stock, instead of £[12,500. for «tock, or increasing the debt CO millions to reduce it 30 ; but as there will be occasion to refer to this subject again, in the general summary, it shall not now be longer dwelt upon. From cotton exports, II is Majesty's ministers, at page 39, proceed to woollen ones, and because tlte woollen manufac- turers do not happen to be such speculating adventurers as tkc cutton manufacturci*s, His Majesty's mluisteis tieat the 44 IB •.»■ ir r'f\p:i pubject lightly, but say sometliiiig about ihu fuieif^n wool tax tjiiat has no meaning ; *'«« truth is, both as regards olhcial value and declared value, the exportation of woollen inunur ikcturev indicate a decreaije, an4 the inanultitturers will not, like the cotton fraternity, give their goods awt^y >Nithout something approaching to value, merely to swell His Ma- jesty's ministers' list of exports ; for that reason, and that only, His Majesty's ministers treat the subject lightly ; thoy, therefore, at th> same page, proceed to linen and silk, " the export of the former," say they," has risen between 1817 and 1821, from 1| millions to & millions; and our ex{)orts in silk, though as to exports only an incipient manufacture, have gradully become in annual real value half a million," in comparison of which round numbered assertion, the follow- ing statements are exhibited. The expartalion of linen was fts follows : — Yean. per Official Talu^. per Real value. la 1814 ^l,566,3'2l jC' 1,732,69 1 1813 1,616,6S0 l,828,()yr> 1816 1,574,348 1,476,151 1817 1,962,361 1,729,898 1818 2,174,594 1,971,608 1819 1,560,668 1,408,005 1820 1,953,705 1,678,198 And the exportation of Silk Manufactures, as follows :— r Yean. In 1S14 1815 1816 1817 1818 1810 }820 Total «o all parts of the World per ofBaial ralue. 219,398 257,427 191,837 188,380 213,480 178,168 161,703 To .11 parta. except Irela.nd, per declar- ' «i or real value. 630,018^ 622,118 480,522 408,523 499,175 376,798 ?71,113 IncludiiifrlreUnil per declared ur leal value. 624,749 692,958 538,bJ5 482,831 589,585 464,370 463,72fi 4.5 wool tax s oiHctal 11 iiumur will not, NNithout lis Ma- Lind that y ; tlic-y, Ik, " ihe 1817 and fCfKJrts in lufacturc, Uion," ill le tbllow- linen was rlrfUM larud ur alue. ,749 ,958 ,bJ5 ,8.1 1 ,585 . 370 7'iS It way be doomed almost superfluonn to oflfer a single ob- nei'valion on the preceding statement, in comparison with (liii Majesty's ministers' round numbered assertions ; it may liovvevcr, be worth while, to point to tlie mean dexterity of shifling their position, from their official value, to the mer- chants' or real value ; in speaking of the incipient export of silk manufactures, the '• real value of which," say they, *' amounts annually to half a million," because their own valuation shews a deciT-asi of one-third since 1815, and a total of only £161,703. instead of half a million ; a similar illustration of all the other a»ticles enumerated by His 3?a- jeaty's ministers, would expose equally with &.f pr-iceding, the veracity and wisdom of their policy. The exports,^' under the head of hardwares, for instance, has gradually decreased from £871,218. ulVicial value in 1815, to £100,235. in 1820; and, in real value, from £%3\9,66'2. to £949,52(). Refined sugars would exhibit just such another nice spccios of gradation as the cotton manufactures; in 1814, the official value was £1,600,632. ar\d the real value £3,260,445. whilst in 1820, the official value wa?, £ 1 ,973,973. and the real value only £1,881,116.; and, with this dilfe- rcnce, that in 1814, the merchant could realize a living pro- fit,either on reftned sugu',orcotton fabrics, whilst, at present, whether exported to the East, West, North, or South, if the exporter is not fully paid his value beforo hi? commodity getg out of his possession, ho most assuredly will never get it. One of the Hon. Members, for Preston, can tell, whether the cost was not more readily realized, when he sold certain fabrics at 45*. per pitccy than now, when he offeri the same fabrics; that is, fabrics of the same substance aid quality {or 145. to 12s. ! and more than a thousand merchants can tell> f -4 It ' ^' ' 4 ■lih 46 tvheiher or not corresponding results do not follow their wliole operations. The manufacturers of the beautiful fabrics of Manchester, Glasgow, and Paisley, would wish no better customers, than that 3 or 3 years' receipt of His Majesty's mi- nisters' deficiency of fee funds and contingencies in the de- partments of the Treasury, Three Secreturies of State, and Lord Chamberlain, should be exi>endecl in those fabrics at one- third of the price they readily obtained for them froii) 1810 to 1815. From the subject of exports, at page 62 of thp 5s. 6d. pam^ phlet. His Majesty's ministers proceed to an exposition of th^ shipping of the empire ; '^ and," say they, '^ under the hea4 of navigation,, the entirety of our reswirces may be very briefly exhibited in its four usual divisiona — Of vewsela built, vessels registered, outward tonnage, and inward ton- nage ; of vessels annually built," say they, " the average of the three last years of the war, was 760 vessels, the average of the years, since the peace, has been 1000. Of the total tonnage of vessels registered, the average, during the war, ^as two millions, and less than a half," so it is expre^sedji *' the average of peace very nearly reaches 2| millions. The average outward tonnage of vessels was, dviring the war, about li millions, the same average during the last three years, has exceeded 2 millions. The average of inward tonnage was, during the war, about 1 ,800,000. tons ; the same average during the last three years, has exceeded fi| millions; such," say His Majesty's ministers, "is the brief exposition of the state of our nalionr.l resources as regards our navigation." In further illustration of these assertions the following statements are exhibited :-«• an4 47 Statement of tlie number »nd tonnUge of Shipjiir^ built and rcfTistered in the Briii^h Empire, from 1814 to 1820^ both incluHive, deduced from the accounts annually laid b«' lure parliament. . ■ . > Vessels built. Total registered. Years. No. Tonnafce. No. Toaazge. 1814 1816 1816 1817 1818 1819 1820 864 1183 1274 948 1059 1125 805 97,949 128,640 117,401 95,820 104,366 112,173 77,989 24,418 24,860 25,801 25,346 25,607 25,482 25,374 2,616,966 2,681,276 2,783,940 2,664,986 2,674,468 2,666,396 2,648,693 Statement of the tonnage of s]iij>}jing that cleared out* wards, and entered inwards, from the United Kingdom, to, and from, all parts of the world, exeluHive of die intercourse between Great Britain and Ireland, for the like period. Ot'TWARDS. INWARDS. Years. BiitUh. Foreign. 002,941 British. FureigD. 1814 1,271,952 4,280,248 69»,287 1815 1,381,031 751,377 1,372,408 7 502 1816 1,310,277 399,160 1,415,723, 37!' !'i5 1817 1,558,336 110.622 1,525,121 445,011 1818 1,715,.5G6 734,.571 1,885,394 762,457 1819 l,5G'2.h0'2 .fjaG.Oll 1,809,128 542,084 1820 UrilQ-.^OR 433.3'2S 1 ,0r)8,OGO 447,011 The increase of the tonnage inwards, in the years 1818 and ly, was occasioned by the great importation of grain, in con- sequence of the extensive, and jdiinmioiy, ruinous specula-, tion to which ihe uiilavoruble harvc.-t of 1817 gave rise; th« tonnage ouLuurda, it will be ecen, does not exhibit an u^ 43 ■I •feast in proportion, tothat Inwards, the reason is, a nteiit ox-* tent of tonnage had been in the habit offindinfr profitable em- ployment when out, but, all such employment having ceased to exist, 1 to 200,000 tons of shipping, have returned liome to lay by and rot, or wait the the issue of some concurrent inci' dent in their favor; abstracted from the concurrent incident }u9>t mentioned (His Majesty's ministers' own term, remember) and thecxcess of importation of grain in 1818 and 1819, the shipping interest, in common with every other interest, of the •mpire, save and except that of Ilis Majesty's ministers, in- dicates an honorable striiggle, but a melancholy aspect: the aggregate condition of the country, may be compared to a cat, which, a number of thoughtless, conceited, profligate boys have thrown into a pit, with a brick about its neck, not suf- ficiently heavy to sink it at once, but sufliciently so to coun- teract its buoyancy, enabling it just to keep its head above "water, but which, if not speedily removed, must cause the poor animal to sink, to rise no more. Such is the precise condition into which a number of conceited, self-suflicient, and ■peculativc woidd-be-statesmen,have involved the aggregated interests of a great empire; with all her honors thick upon her nhe is thrown into the gulph of complicated difliculties, clogged with weights of different kinds, sinking funds, consolidated funds, money markets, lotteries, restrictions and hocus pocusses of various kinds, all tending to sink the country speedily into irretrievable ruin; expedient may succeed expedient^ and every transition may, as it will, excite •> hope of recovering the the goal of permanent relief, but, unless the fetters are com- pletely loosed, and entirely broken, she will, with difliculty survive the ebb ; unless the fetters be broken, and the cords of mystification and collusion be rent asunder, she will not again regain the goal of honor antl of safety. .% T ^1' ■^^ reat ex-' ble cm- r ceased lome to nt inri' /f»/just lembor) 819, the ?t, of the iters, in- ect: tl>e red to a ate Ijoys not siif- to coutl- id above ause the e precise ;ient, and ■gregatcd upon her I, clogged solidated pocusse3 !dily into ind every ring the are com- ditliculty he cords will not 49 And who, '^hall n-arK ;:>ly and (l.t-rniinately enter the Vut§f rci^anllcss of the toil, and rend the cords of niysiificiition and deception asiindpr; certainly ruii those who occasioned ih9 mischief Braf^gartsui-e always cowanix, and pretenders always shallow^ and it will ret|uire minds m comprehensive, as earnest of pur))ose ; and those who caust^d iKe mitjchief., certainly {)osse»s, neither coniprehenHion of mind nor eamestneis of purpose; btii whilst there ih life, let us not abandon theho|)c, that some will yet be found, suflicient lor the task, and, guided by the experience of the past, that, by properly employing the almost unlimited resourct»of the country, we may yet at- tain the goal of genuine prosperity; a progressive increase of physical, intellectual, and moral |M)wer, and for ever extinguish lotteries, money marketus and sinking funds. But, to proceed — at the conclusion of the subject of naviga- tion, at pai;fe 62, of their hs. (id. pamphlet, His Majef^iy's ministers state, that " before quitting this »>"rt of theiv subject, it is but just to remind the country, that, under no Ibrmer administration, has so much been conceded to the commer- c ial interest of the empire. A nd, " say they ''If ministers hav« not gone the full length of those gentlemen, who inpamphlets^ and reviews, out of parliament, and in speeches and essays within it (very commendable from their length and labor) have recommended the general adoption of all the theories of Smith and Turgot, they must not be denied, in the first instance, the praise of having listened to those speeches, with a pa- tience as commendable as the industry of the speakers, and, ini the next, of having supported and personally attended, the appointment of the parliamentary committees, for which they have asked;'* respecting which, the pamphlet of a near ob- server, offers some useful information, but say, flis Majes- ty's ministers, ^< If these committees have, in most instance^ m ■f ■ i 60 fiad no other termination, than in the publication of a loug report, the cause is doubtless, to be sought in the difiicuhy of the subject, and in the wide difference bcmecn theory, and practice; between diafrrams of navigation upon dryland, and practical courses rendered necessary by sea and winds." A declaration S)r its silliness, and proof of incapacity, and a de- duction for its fiippery and show of conceit; none but His Ma- jesty's ministers, under the like circumstances, would have made or drawn ; but they proceed, that, "It is not requisite for them to be informed, that the first and best principles of coninierce, would be a perfect freedom of trade; the same text books, and common-places," say they, " were open for thec), AS ibr their political adversaries ; it was as easy for tliem, upon a petition from Manchester or Birmingham to give a laborious summary of the three volumes of the Wealth 4)f Nations. It was as easy for them, " say they, " to refer all national principles to the language of the exchange, and the bullio.t market ; but having been educated in another school, they have learned," as ministers to His Majesty, that they have other interests to attend to, than petitions from Manches- ter or Dirmingham ; " they have learned " say they, " that the first interest of the empire is in its national defence and in the mainteimnce, in their full integrUj/ of those funds of greataesfi and rctrnue, under which they have attained their actual condition ! ! ! " And they afterwards ask, at the con- clusion of page 65, ** Will the political economists themselves, refuse praise to His Majesty's ministers, upon their own principles, when it shall be brought to their recollection, that in a time of much ditliculty, they bought up the monopoly of the South Sea Company ! ! '." — on terms as advantageous as they are buying up the national debt — What a pity, they can- T.ol buy up the monopoly of tea. After dwelling with ex- m ^''i >f a lor** difliculty pory, and tmd, and ids." A and a de- L His Ma- ul d have requisite nciples of same text open for s easy for mham to e Wealth o refer all ?, and the ler school, that they Manches- ey, "that ice and in funds of ined their It the con- bemselves, their own ction, that )nopoly of tageous as , they can- ' with cx- 51 iiltmion nnthoiracliipvement, of hiiylnfrup the monopoly of the Sotuh Sea (Jtmipany, and Jlinging at the laborious lawyer* of their adversaries' party, they .-ay again, rt pajije C(), "As- Bunully the nie chaiUsand tiadei> - (Jreat Critian will not re- fuse their tribule of gratitude, to ^iis Majesty's ministere^ NVJjen ihey shall boronindrd ol' those twi) most beneficial sta- tutes, the .51 asid 51 of Geo. III. by which the ancient fis- tnl ri*ivc, that ia, in seven /ears, the exports of the four following articles, in the volumes of Finance Accounts, annually laid before parliament, are represented : — viz. Sefm yean from 181* to itHO. AccordiufT to IIU Majrkty's ■DinUten'or ollicial l»\w;. AccoVilingto tlemrrcli ants' ilfcl>r««l or real «ulue. f^ 10,553,488 4»942,647 3,742,290 3,203,563 Hardwares j^4,045,856 GlasM 1,436,709 Earthen Wares 669,772 Haberdashery 220,027 And the total exports for the like number of years, is re- presented as follows : — ( Vide page 253, volume of Finance Accounts^ the year ending 5th January ^ 1818, and page 123, for thet/ear ending blh January^ 1891.^ m*. Crttish produce and ma* nut'actureN per the mer- chaatt' declared or Kal values. In 1814 1815 1816 1817 1(^18 1819 1820 X^47,8.59,388 53,209,809 42,9i5,2A6 43,614,136 48,903,7f)l 37,939, 50S 38,019.897 per His Majettty'd ministcia or ollicial values. Britiuli iiroilucr Amanufactiin^ 36.120,73.'? 44,048,701 36,697,610 41,.^>CO,5lf; 41,.')64.044 3.'j,6,34,4 1 5 40,240,277 eolonial ami rori'itju preducf 20,503,496 '6.f.-i*«' m manner, fthnll be exhibited in parallel columriH ; the result will bf aa follows, taking the merchantn' ieclared ox real va« lue of the British produce and manufactures, and the offi» cml value of the foreign and colonial produce exported, the total will be (for the imports, see pages as in the preceding Table.) — vie. ToUl Aad tkclMport* froni M parti of the World. CicMiof Eip«rt •rer laport. 1814 £68,362,884 Jp36,559,788 ^31,708,098 1815 70,139,417 35,989,650 34,149.767 1816 67,501,220 30,105,56A 27,495,055 1817 55,148,754 33,971,025 21,177,727 1818 61,191,036 40,135.952 21,056,084 1810 49,217,583 33,652,741 15,591,842 1820 50,1 10,236 36,517,262 13,592,974 And taking tlis Maje)$ty*st ministers' or the official value of the nriti$«h produce and manufactures, instead of the real va- lue, the result will be, Total Imported. £36,559,788 35,989,650 30,105,565 33,971,025 40,135,962 33,652,741 36,517,262 The preceding statements will be seen to aftbrd the fullest scope for reflection — the inordinate disparity between the rati M\d official values; (being £11,TS8,655„ in 1814; £P,U)I,100. in 1815; £6,2j7,(kJ6. in 1816; about two mil- lions only ill 1817; and, in 1820, reversing the excess to the side of otlicial value to i,^l.(>20,380.) will doubtless excite enquiry. Wliich is most to be relied (m for its accuracy ? The excess of export too ; what equivalent do we get lor it ? Yeart. Total RspoiloL 1814 Jpo6,624,229 1815 60,978.309 1816 51,243,574 1817 52,625,132 1818 66,851,319 1819 46,912,492 1820 51,730,616 KiccN of Ciportt £20,064.441 24,988,659 21,138,009 18,654,107 16,715,367 13,286,751 15,2I:J,354 54 Mil iJV^ .: *l !'^ • ■■ui I r? How is it countoibalanct'cl ? A if also enquiries lliat \Vlll doubt- lts8 sugf^est theiuHt'lves to every sober mind ; surely, it will be saidj we get some equivalent fi)r it, if not, insolvenev, bankruptcy, and pauperism may be readily accounted for ; but, perhaps, it may be said, that the re|)resentations are not correct, that the amounts are mere noniinalitics to make a hhew on paper — be that as it may. His Majesty's ministeri have adduced, in evidence, of the prosperity of the nation, *' that in JHI^ and 13, our imports »Ud not reach .'JO niillions, and that the exports of those years did not exceed W mil- lions, whilst, in 182J," say they, " our imports exceeded 'j(){ millions, and our exports fell little short of.">i^ millions ;" and, as reoards the latter year, their statement, in this in- stance, will be seen to agree with that laid belnre parliament. The representation, however, merits further illustration— C^ Know then, that as regards the imports:, full ^18,000,000. of the amount annually, tor 10 to 13 years past, have been tlic produce of the lisheries, our West Imlia Islands, East Indies and China, against which £'18,000,000.; less than 8 millions annually have been exported : the bidk of that ]>roduce coming into the country in the character of the pro- tluclion of an estate rather than as mercliandi/e : and these portions of the exports an(lim])orts, suhstracted fiom the to- tal;-, will add full 10 millions more, per anniun, to the excess of the exj)orts, than either of the })receding statements re{)1'e- sent : that is, it will make- a value of ex})orts, in the seven years, according to the rc^al value of the British produce and numuiactures, of l'J:)j,b7\,i'2H. against only £hi0,fm,fl8.'i. vulue imported: and taking His Majesty's ministers' values, it will he like an exp jrt of i'320,97\,()7\. against only i(.^lI:^0,fX)l,?iS,'j. imported, or an excess of export over in)j)ort, iii the seven years, according to real value of X'2^1,7(j(),lij. .55 and accnntlng to oHitial value of jgL?nO,OG(),f)S8. It re- c{iiir(S iilso, to be t'liitlicr iiiuKrhtood, ilmt the preceding stdlemoiua of the tDtal exports and iin|jorls, incUule the ainoun(i> to and iiom Ireland, the proportiotiH of which, His Majesty's mini-^ters represent lor the hcven years, t)/z. 181 1 to I8i2(), hotli inclusive, to be as loUows : — Expu^t.per J p,,^,,oo,:.Sfi. F-'-'''-J } ^33.181,790. ollicial vuliio, ) value, ) And csporta at ofticial value. £2d,\ 17,019. })\n Ireland, unhaj)py Ireland, if it be possible to refer to that inieiestinj;, yet ill-liited and woe-striken portion of the j,d;jl)e, without its excitinj; a panii; to stun the inmost soul, Ireland makes up a stalcnicnl, in which she says she has ex- ported to Creiit Uiilain, in t;olid anil substantial produc- tions, graiuj becfj pork, bacon, butter, linen, Sic. tkc. in the 7 years jn question, to the value of no less than j£6.5,7()2,98C. according to the current sellinir prices of the several articles in lieland at the time of shipment ; whilst they admit to have received in return artificial productions oidy, to the value of J^33,0o3,238. and yet, Ireland is the country which His AJajesiy's ministers, at lines K), 17, page 117, of their trumjKiy and contemptible pamphlet, have had the temerity r*iid audacity to designate " A countuv covkudd with liKGGAHS — A COMl'LETE I'AUPEU WAIJUEN." It will bc seen, that as fiir as His Majesty^s ministers' valuations are concerned, in the pro])ortion of exports and imports to and iioni Ireland, that they do not materially elTect the result as deduced in the preceding P'lge ; the specification of the amounts to and from Ireland, may, therefore, be considered more interesting as regards Ireland, in an abstract point of view, than as an integral part of the U nited Kingdom, or as re- gards her quoto of impoiis »ind exports in the total thereof. I I . 56 m Among a Tariety of »ee-Raw causen, assigned at pafj^ 143, of the trumpery 5*. 6rf. pamphlet, Ibi the prcHcnt unhappy con- dition of Ireland, is the old hackneyed cause of '» supev abundance of population " Yet, II ih Majesty's miniHtei-s* policy draws from this very superabundance of population, to the value of about seven millions annually, in productions of the most solid and substantial kind, and of the first de- gree in the scale of subsistence ; from 5 to 700,000 quarters of grain, 6 to 800,000 firkins of bulter, 30 to 40,000 tierces of beef, 60 to 80,000 tierces and barrels of pork, 80 to 100,000 bales of bacon, and live stock innumerable ; and a- bout three millions value annually, in one to two million pieces of fine linen, are among the articles of tribute which, ** this country, covered with beggars — this complete pauper- warren — this super-abundant population *' — annually, year after year, pours into the lap of Great Britain ; in return for which. Great Britain gives her tea, the first cost of which may be about £30^000. ; tobacco jg35,000. ; sugar half-a-roillion ; coals half-a-million ; and other articles, the first cost of which may amount together, to about half-a-million more, making a total, real value, of about one and-a^half million ; and, with the expence of labour attending a certain amount of artificial productions, may make a fair commercial equivalent to the a* mount of about three and-a-half millions per annum. Under a system of policy which violates the reciprocal relations of society to such an inordinate degree, can it be wondered at, "t/iat systematic violations of the laxv have arisen f and still prevail in that unhappi/ country. " Oh ! all ye Countrj/ Gentlemen, ye guardians of the public weal, and representa- tives of the interest of the nation, how long shall such a sya» tern be carried on in that unfortunate countiy ? When shall » system of conciliation and clemency be adopted to ensuro r^7 |)chro a^il liajpincFS in lliiit cmintiy, vliicli has been dcslg* iKitfd one of ilic iiiosi iiUncsiin;; scclions of the fjlohe, form- \\\tt an iiiti'ijml part of the Uritisli Empire. How hing shall U kinj^doin, inlial)iteil hv a people proverbial for their jjencro- sity ui\tl naiirle of maimei-s, deserve iheepilhciS given by Ilia Maj<\sty's niinistiTs — "a country covered wiihbears past, belbre j)ai liament. There is no need of hyperbole here, tl.^ subject itself, is too full — too imjiortant — too in- terest i'i'>, lo be j)laced on a level with His Majesty's ministerii* (iniletKss, and asslJuifj/, and pmlous condition, when oppo- sed to the House that Jack built, and an old stockinji full of fcnnrumition. It is not the purpose, on this occasion, to enter into all that detail of illustration which the subject so imperiously de- mands, " A brief exposition of the rco/ state of the nation,'* in counteriiction to His Majesty's ministers' false and de- lusive representations contained in their av. OW. pamphlet, being more innnediately the present object ; the graver and more im})ortant circumstances must be deferred, for a futura occasion ; sutlice it therefore to say, on the present occasion only, that, as regards tlie cpiestion of Exports and Imports ; that whatever values His Majesty's ministers may assign, * r. ^i 't V'^P.. 11-, .*'> ■ IS*,.! livt.. M 58 either to one or tho other, and whatever ropresenta»i )ns their conceit and self-sulficioncy may induce thcin to make," either in pamphlets and revie.\ 3 out of parliament, and in speeches and essays within it," they are defied to point out a market, on the whole surface of the globe, where our artizans can send the surplus productions of their genius and labour, to obtain their fair equivalent in return ; restraints and regida- lions maintained in total disregard to the change of circum- stances, preclude all reciprocal, and consfquently, all ad- vantageous intercourse with all the nations of the world; except in conjunction with the Hon. East India Company from China : such is the result of the acute and nssiduoits policy of His majesty's ministers. It is well, and but too pain- fully known, that a number of die leading articles of import, although they cost umch to the consumer, do nol produce a single flirthing as a fair equivalent against the value of ex- ports. The timber, for i istance, imported, which may cost the consumer 2j millions per aninim, taken in the aggre- gate, does not produce a single fiirthing equivalent against the value of exports. His Majesty's ministers take upwards of ^900,000. of the amount um'er the head of duties, and the remainder does not pay the wear and tear, and ex])ences, of the shipping in carrying it. IJarilla also, it is well known, instead of j)roducing an etiuivalent against the value of exports, has not realized tlie cost A' freiglu and duty, so that, on the whole, although some articles ii.ay be undervalued, in Hi» Majesty's ministers' valuation of imports, the aggregate real value has not exceeded tlirir repr'se'itatioa. The most pro- minent article included in His IVuijesty's minlsteis' value of SG| millions in IS^O, is sugar, ,/.:),5ti.7,(;S 1 . whilst, ^ar 181(), [cscnt tlie totul value ('" ' ' " ley rep :iip andbugyr, for that year, Qb^WLMW. Now, it will be seen by refcniijg to the staiemcut of iiuga>' imported (page ^8 of this .59 ^ilition) that, in 1810, .?,7G2,j19 cu'ls. of sugar were import- ed avtM*a<;ing, in nv// value, 47s. (ji(/. prr ca/. producing an agf^regiite total real value of about f S,9jG,000. ; wliilst, in IS'iO, tlieciiiantity imported was 4,0(j'J,>ll aols. averaging, in real value, only J'.vv. ':i\(f. per cai. and producing an aggre- gate total real value of only about f (),T.'JS,SOO. or nearly one- fourth less than in 181G. A similar illustration of nun, bran- dy, wine, cottons, would all lead to corresponding results : a great portion of the rum, and wine, and several other articles, like timber and barilin, lenving no nctt proceeds; and prove that His Majesty's ministers' statements are all as fallacious and delusive, as they are themselves personally conceited and solf-suflicient ; and, as they will ultimately be proved to be, totally incompetent to the pKjpcr discharge of the du- ties that belong, to the high and important station, in which they have, so unhappily, and so unfortunately, for the interests of society, been placed. Proceeding now to the further consideration of Ilis Ma- jesty's ministers' 5.^. 6t/. exposition, at page ()8 they proceed to state ; " Such being the state of the question, as regards our general commerce, the internal trade of the country," say they, " exhibits an aspect equally promising." They then enter into a logical display of the comparative merits of foreign and home trade, which nobody can understand, be- cause there is no matter of fact nor meaning in it. At page 71 they repeat again, their specious representation of the in- creasing imjiortation of Hax, hemp, silk, and cotton ; as de- tailed in their edition at page 35. The increasing injporta- tion of silk, is, to His Majesty's ministers, a source of great exultation ; " it has so prodigiously advanced," say they, *' as to outstrip the manufactures in Lyons and Italy." And no baby with a wax doU with moving eyes, ever exulted 50 0vcr a baby with a wooden doll with a broken nose, mora heartily than His Majesty's ministers do, at liavin(r driven a part of the poor silk weavers iioin Spitaliiehls, to Maccles- field and Leek, to snhsist on oatmeal and water, savonred occasionally with a little of the (M()})pi:igs, and pkimminj^s of the sugar-pans, employed in refniing sugur for exporhilion ; His Majesty's ministers anticipate " that, as our cotton manufacture rose from snrr.U beginnings, to exclude tliat of nil the nations of the world, as the line muslins and cam* brics of Manchester, Glasgow, and Pnlsley, have driven those of France and Indi:*- nearly out of the market ;" they liope when the natives of EngUvnd have learnt tj eat oat- meal and water, with a kiutting-p;n, as the natives of China do boiled rice with a cho'.i-stick, that then they will have the feliciiy of driving the silks of France and Iiuiia out of the ma ket also ; but at page 73 of their bs. ()d. cxijosition, Jlis Majcsfy'a ministers proceed to state, th'it, "as regards our domestic consumption, cur ))rintcd goods," say they, '' are next in ''onseqnence ; here," exclaim they, " we get to the undoubted authority of official ilocuvicnts. and of those which can least be suspected, the accounts of money re-" ccived upon them al the excise. Here," they exclaim again, •' we have iudisjnitable proof of the vast increase of the manufacture ; within seven years only," they say, " from 1813 to 1821, the annual excise upon this manufacture, has risen from less than a million, to nearly a million and a half; ^nd it 19 scarcely necessary to observe," say they, and mark this, " that seven-tenths of this species of manufacture is consumed entirely at home." Now, here agijin, we have numerical data to work upon. The excise on our printed goods," say Jlis Majesty's minis- ters, " has increased to a million and a half, seven-tenths of m (I of of 61 wliicli, " fiay they, " is consumed vUhe.hj at home.'''' Now, scvon-tcnths of a million and a half, according to Otd Cocker's method of computation, is X'1,0.50,(K)0. What, then, is the fact ? By the volume of Fiijuncc Accounts for the year 1820, ending 5ih Januar f, 18*? 1, it is seen that the gross produce of the excise on our printed goods, that is, on printed calicoes t.nd stained paper, in the United Kingdom, for the year 18'iO, was, £1,602,^70. U.v. Qd: Beven-tenths of which amount, according to the before men- tioned method of computation, is r'l,121,r)S0. Oa'. 11//.; but, as tho drawbacks and allowances for overcharges out of the i?l,CC2,'i70. 14,9. 2r/. for 1820, were X90'6,158. llv. 9(f. it leaves only Co{)6,\3\. \9J. hi. as the actual amount of re- venue for that year, being little more than four-tenths in- stead of seven-tenths of the whole, as stated by [(is Ma- jesty's ministers : but it has recently been reported, tlujt His MiJJesty's ministers have established a compulation dt-puvl' went, and as they havo made 27 millions represent 99 mil- lions (see page 9) and 99,000 soldiers in 1816, to be the game thing as 46,000 in 1792, by their new method of computation, His Majesty's ministers will, doubtless, be able to prove that X6t)6,131. 19^. id. is seven-tenths of ^1,602,270. 14*. 2d. At page 71, of their 5*. 6mc wa^ cavrifd into cfToct, " fm tlip redemption of tlie land-tax," and the several acts that have since been ))ased re- latin«f to the liitbiect, occupy about 40 pages of the Statute Books ; at the nioinent, it cannot here be stated, what the produce of the hind-ta\ was, prior to the first act being car- ried into efllt'ct : 1)111, for the year 1800, the produce accord- iwf to the volume of Finance Accounts for that year, was, j£I.()lO,80c>, is. b^d. ; the object of the measure, it may be reiueiubered, was, to cffbct a reduction in what is called the national debt, in a ratio of oile-tenth or one-thirteenth (and not having the Statute Book at hand at the moment, it is not remembered which) i>;reater than the amount of land-tax reduced. However, in 1800, the produce of the land-tax^ as before stated, was, £ I, fi 10,803. Us. Old.-, but, in 1820, the produce was only X^l,lG3,i;82. 18* 5| had not been repealed ! ! I" so extraordinarily does that half mil- lion mar the whole operation. " If Mr. Pitt," say they, " in the year 1786, regarded a sinking finid of one million to be adequate to the redemj)iion of a debt of 210 millions, it h manliest that a sinking fund of live millions, woidd operate with nearly a two-fold p)()|);)rtlon upon a debt of 800 mil- lions. It would have the air of a paradox to assert," say His Majesty's ministers, " that a speedier redemption of the debt would not be desirable; but," that, " it may assuredly be staled, that, in the actiial condition of the country, a larger sjinkir.g fund can, in no deg cj, bo allbidtd. The im- 67 mediate conclnsion of a 1omj[j war," «ay tbry, " Is not tlie most favorable pciioil i'u: the rcdcuiptiou of a nutionul debt! ! !" A more aciHc spei iinen oflo^lc than ihc picceiling is hiiiilly to bo iiK't with, it is equal to the acute exploita detailed at page 10; the interest of the subject, howevei', might have been somewhat increased, if it had been stated in the pedantic oKl-liishioiud lonn of die Double Rule of Three ; soineihinglikethel()lKnvin I'd' .'■(■, i^l :■■' m When His Majrsty's ministers' triimprry .*),v fu!. jmnipMot first came unilor nolito, a l/rief (^xposiiioii of its more \}w minent foatuics, tlirojij/h the sevoial dej)arlments into wliich it is divided, was resolved upon ; and the fittest mode of iUustrafion deemed, was, afier tlie uiann(>r of the House that Jack Built, or the Slap at Sh)p ; and it has only been in deference to the dignity and interest of the sul/ject itselfj that the original plan has been deviated front, and after all, it has required no small degree of resolution, to resist the current of ridicule and contempt, which, in spite of every effort to the contrary, has occasionally burst forth, so exceedingly (ontemptible is the manner and tasle displayed throughout the whole of the. 5.9. 6(!. ej)istle, to say nothing of the palpa- ble falsehoods that disgrace every i)age in which any matter of fact is pretended. The length to which the subject of finance has ^^^oady been extended, and having to recur to it again as si .edat page ()6, it will preclude the entering, with any ampliHca« tion, into the several subjects of FoREiof Rf.lations, Home Department, Colonies, and Board of Trade ; and, in fact, as the whole are made up of stale conceits and hackneyed speculations, there is but little to amplify upon ; a few of the more prominent conceits only, shall therefore be selected, just by way of exhibiting a few more specimens of the taste which His Majesty's ministers pamphlet displays, and the opening of their chapter on Foreign Relations, shall be given verbntim. It is as follows : — " Without going into a detail of the new system upon which Eurojie was settled at the period of the treaties," say His Majesty's ministers, " it may be sufficient to state, that, the European Comnioinvcalth was re-constructed at this, period chiefly upon three princii)les.'* I CO *' Tlio fnf*! was, lluit tlirrc ^lumld bostuli a dislrihution * power amongst the sovoial iirnuipal >-latt's, as nii;;li I render oach sutlicirnt in it^*olf to maintain its in(U'|)on(liiice, and to wilh^taiul any posfeil)!^ iii(ursi(»n of Francj-, till the ^onc- rul confitlrraty of Europe could niovq up in dcfentti ol" the f:oininun trancptilliy/' " Secondly, but alxcmjs subservient to the first prineiph', the restoration of ancient powers to their former state of possession." " 'J'hirdly, where such restoration was manifestly impos- sible, or where it seemed expedient to iln'ego it, ii\ puiiiuit pf the more valuable ol>iect of renderin .ly Hia Majesty's ministers, at page 1C4, "• without the expression of the public obligation to the noble lord so long at thd head of th.;t department. It is surely not too much so say,'* sayllisMajesty's ministers, and See how liberally they canpraisc one another, " that in the execution of his arduous, and, it nuist be added, his hrcfdious functions, he has carried tha virti/cs of his private character into the performance of his public duties. In the history of the last ten years, his long ndministration of this dej)artment, will be characterised for its frnitf/, modirnliou, conciliation, and benevolence, most truly," exclaim His Majesty's ministers, "Lord Sidmouth'i ^'■oflieehas been no sinecure, ihost truly," they exclaim again^ *' it has had nothing nf that senaa quies, that oliam cum tlfirnilate, which every one must now wish hiiu to enjoy!!!'* To have participated in the dispensation of the ^88,317. 9s. lid. in 1818 and 1819, for continp;enci''S in the olFices of the Tira urt/, Three Secretaries of SUife 'uid Lord Clinm-* berldin, i,'\ii^2,11\. tV. 9.J.r/. to make good deficiencies of the? lue Fund, t'.K';,()j5. i?v. Or/, for aeeret services, andX'i^()3,lG0j J.v. llf/. for similar ])urposes in 1820. The Hangership of* liichmond Park, Commissionership of the affairs of India, m W;^:!'': m m 1 h -t vtv' U Rememljrance for Cliancellorsliip oftlic Exclioqnrr/i oin A ptii 1801, to July, 1 804, &c, &:c. &c. are all trilles, light as air, compared with the arduous and inviifioifs s(>rviccs of Lord Sidmonth !! J It may be said, perhaps, as His Majesty's mi"* listers have said, " of that ])orlion of the opjvoneiits of go- vernment, who may be termed the economists, &c. &c.' (sec pa<;e 25 of t/n's tdilinn) that His Majesty's ministers assign infinitely too nnich to their conceit and speculaticnj They carry to the account of their own vanity and conceit, ■What, to all but thenisolves, are but the manifest eftecls of the most common ctuises — the grand march of knowledge. But, as tho' His Majesty's ministers were aware that they had been rather too lavish of their praise, tbey say in conclusion, *' But if mercy must always take the seat of justice at the fide of royal power ; mercy, like justice, has still the stf^orrf for her emblem." The word hallir^ in the present case, substituted for that of sword, would make the metaphor in- finitely more com})lete. If the historian 6f Britain for the last ten years, executes his task with lideliiy, truth, and jus- lice, he will record a more rapid and fliglitfnl increase of poverty, puujKiism, and crime, than is to be found in the annals of any civilized country. And that mir.ister of the Home D( partnient who shall assuage poverty and wretched- ness, consotpieiuly /)/vtr ////wo- crime ; will be the minister to cliiim iheallcnliun and rcsiiect of future asres. It belongs to His Majesty's ministers, their depenilanis and suppliants in the present age, to adiaire and to prni-e such a minister as fjcrd Sidmouih, Such nu lit is exclusively their's. At |'a«e 1(>(>, of their ."vv. i)d. pamphlet, commrs' chajier of tho Cor.oMAL Dri'Aiir- •r.KNT, whicli dcp-u'tmcni is cut exceedingly short, and Lord Butluirbt't) nauie not once UK'niior.cd, nut even ulj!i(^uciy, i ■■• iio- «y wliotlier the cause of any resentment lowards Ills lordslnp, or whether he is not so haiulsoine and conciliatinii as Lord S. or whether he was forgotten in the liurry, to get to the vinsl in(el/igfnl i>r.'s\dv\\{ and vice-president of the Board of Trade at jw^^o 179, may afford scope for the art of divination. However, wiili a view of setting oiX the Colonial Department at page K)9, a comparison is drawn of the relative amount of duties drawn tl am the j)roduce of the colonies, and from the produce of the soil at home ; and " the gross receipt of the customs fur sirgar, an'.ounted," they say," in the year 1820, in round numlx rs, to live mdlions;" the actual gross receipt waa £3,812,820. If.v. 3lflviih'JppniclixNo.3, prefixed to this edition. 'J'he gross nciual receipt of the excise for all the malt duties, " in comparison with the amount of duties on sugar, was," the 5s. 6d. pamphlet states, " tbur-and-a-hajf millions." It was actually £5,240,327. 12s. hid. Vide Ap- pendix of a Scries of Documents, noxs publisfiing, which majf be hnd of the publisher of the pi'ftsent edition. " It is very far from our purpose, to depreciate, for a single moment," the os. (id. pamphlet states, at the same page, ai though conscious of the palpable misroj)rrsentation it was jnaking, " the due estimation of our landed jnterei-t, or to /detiact from the assertion of the agriculturists, that the land is the main, ^f not the almost sole supply, of the w ealth an(| revenue of the empire. The allegation is true," the 5s. Gd. pamphlet states, '^ if our colonies be conipreheaded in the argument. But, it is not true" says the bs. iid. pamphlet, *^ if our colonial possessions be omitted. In one article only," eay* again the 5s. Gd. pamphlet, '■' our sugar duties, the re» venue received from the colonies surpasses the revenue re-, ceived from malt." The gross duty received on sugar, and which, if npt m?iterially modified forthwith, its growth i»U|ft 7G mi . ;ti dlminiHli, for in numerous instancr-^, tlic article itsflf, is not paying the cxpenco of cultivation ; but tiie gross duty was, as before stated for l»20, 1%H\'2,H^0. ]\s. :)\(f. and on malt /^5,240,3'?7. 12.?,, bid- Sucb is Itlio effrontery and ve- racity of Hi«* Majesty's ministers. But, they proceed to state, at the same page, 1G9, that, " If the amount of the revenue on the colonial articles of rum, tobacco, and snutf, cocoa- nuts and coffee, pepper, indigo, spice=, and dj'ugs, be added to that of sugar, it will appear tlmt the customs and excise on our colonial produce, atford little less than j^8,200,0()0. to the revenue of Great Britain." Now, if tobacco and snufF were colonial productions, and the duty on tobacco included with the other articles etunnerated, tlie aggregate would exceed jt'8,200,000. ; but tobacco and snutf are not colonial productions to Great Britain, and have therefore nothing to do with the position in question. The gross pro- duce of the other articles cannot be stated with accuracy, inasmuch as the excise duty on rum is returned in the ac- counts laid before parliament with geneva and brandy, imder the head of foreign spirits ; but instead of jt^'i!^,200,()00. the gross duty on all the articles eaumcraied, excluding to- bacco and snuff", is not £7,000,000. " JVow, the total of a// the sums raised upon the land in Great Britain and Ireland, imdtT the several heads of beer, malt, hops, and land-tax, for the year 182J," says the bs. (id. pamphlet, " was, in gross receipt, about nine millions ; so just," say they, " is the claim of our sugar colonies." The actual re venae «n the articks enumerated in the year in question, was .1^9,791, .528. 7.T, 4rf. exclusive of land-tax to more than a .nillion pn- ari' tjum, sacrificed under die term of redenijition snice 1798. • Vide page 75. oj'lhis cdiiion. Now, if any further observa- lions were advanced on the preceding inisre]5resentations, 77 tlioy could only bo expressions of abhorrence and contempt \ falsehood, palpable falsehood, live meanest, if not the most atrocious of vices, is expdsed, and the exposure defies re- futation ; that is to a degree to at all affect the general cha- racter of its principle and propriety. The exposure is now belljre the public ; the bane and antidote, falsehood and truth, are fairly j)itted against each other ; let the taste and roruhict of the British nation be judged, by the decision which tlity shall draw, of the relative merits of those two opposite, c-ai(linal principles. From their })alpable misreprcscnlfition of the relative aanuunt of revenue drawn from colonial j)roductions, and ieom the produce of the soil at home, at page 171, the 5s. 6d. pun)j)hkt proceeds to the subject of Fkee Ports. " Th« next point for consideration," the 5.v. 6(J. pamphlet slates, '* arc the Free Po/'/.t, so a /sc/y established and enlarged in the Wt'Hi Indies, and })arlicularly tiiosein the Bermuda Islands ! ! !" It would be a waste of time to oiler a single observation on tiw« spise system ; it answers none of the objects proposed ; thepaities whom it was intended to interest, ii" llicy look at it at ill, look at it with contempt. 1'lie chapter of the Co Muil Dej)artmcni concludes at page 175, by an allusion to the Ionian Islands, which, to «'very honorable and feeling mittd, excites sens^titms as painful, ullowing tor the dille- rence in magnitude, as rcilctting on the state of Ireland. Jlis Majt-sty's minisiers stale, with respect to the loniau Islands, " that they have faithfully peifMrmed th«'i» dniieu as their protector!!!" and perhaps to those who know His JVJi'jesiy's mini:-' "cs, it is saying enough. At page 17j, of the bs. (id. pamphlet, commences the chapttrof the Board of Trade, a prominent object in which IBeems 'c be, to extol the mo^it proibund iiileUigciice of " ifrS 7« 1 !%'■'■' :V Will: imk most intclUgenl presid(nl and rkr-prnuhv! ,■' R(-»;iio Mca may be formed ofthc profoundness and iiitollii^onco o[ ti- must in* telligent president, from his having stated, in his plait- in par* liament, as member for the borough of Kipott, (the repieson- tation of which was doubtless, either conferred \ipon him for his inle.llip;ence or for his courtsey to Mian havyreme) that the calculations and figures, brought forward by the Hon, Member for Aberdeen, the first day of the session, " wcr?so complicated and so various, that it was difficult to pronounce any opinion of their accuracy" the calcidations and figures in question, are prefixed to this edition, numbered 1 and 2t It is not perhaps, that they are so complicate and so various that, the most inffl(is;ent president of the Board of Trade, (who is also industrious enough, as well as in- telligent enough to be treasurer of the navy) " that it is dif- fictdt to pronounce on their accuracy." For to my Lord Londonderry tliey were, " a motley group of figures and calculations, far beyond the comprehension of any man, r.t the instant," and that very profoimd, would-be-statesman, His Majesty's first commissioner of Woods and i'orests in England, and colonial agent for the island of Ceylon, in the ^Asiatic Ocean, and who fancies himself quite as intelli- gent, as the most intelligent president of the Board of Trade, stated point blank, " that he could neither /b//ot«) nor undcir stand the fimires of the Hv)n. Member for Aberdeen." Viu": Times and Morning Chronicle reports of the debates of the first dry of the session, liut it is not perhaps as said before, that the figures are either so numerous or so complicate, as to confuse the brain of this trio, of would-be-statesmen ; but it is perhaps the proof^ the unanswerable, and the in-» dubitable proof which they exhibit, of the ignorance and -speculative wantoonees of His Majesty's ministers. Th« .if*!' 1 ,*■ J ^ 79 r.t \\\vhich no contingent circumstances or concurrent incidents should everjustify its violation ; and parliament is therefore here put on its guard against lending itself to a |)r()jeet, such as the most intelligent preoideut and vi;^:e- president of the Board of Tiade propose; and if they do lend themselvei fn: ft3 ihercto, they will only talio anullu>r of those utep^', which the most intelliircnt prosiih'nt t'xpiPH«t'(l himself in parlia- ment so tenacious about retracinj^ ; but, to near again tc» the prindplc of reciprocity iuhI balance. Whenever a nation exports more than is necessary to obtain such supply of external productions, as the soil and art of the country ex» porting cannot sujiply, as linds pvolitable demand and con- Buniption ; the principle of rcci;)rocily ii> violated, and in propcntion as the violated piinciple is persevered in, dis- order and ruin, instead of order an;i prosperity, must ine- vitably ensue ; let then, the tommerciul part of the commti- nity, beibre they pursue another operation, and let all that sober and independant »>oriion of parliament, who feel sin- cerely solicito'.is for the advancement of the best interests of the country, let them also, aid in tlu; inquiry, to deter- mine, "jvliether or not the statements of His Majesty's mi- nisters, annually laid before parliament, relating to the ex- ternal commerce of the country be true, ov false and delu- sive ; when, it will be seen, as a matter of course, whether or not the exports of ili» country so far exceed the imports, as not merely to violate, but to totally destroy the means of obtaining an equilibrium or balance, and ( onseciuently ex- posing the rggrejtated Uercsts of tlie coir ry to the risk of inevitable ruin. From the subject of tlhe project to authon/e British ships to roam about, to make uji assorkd cargoes ; in iact to assimilate them to that class of British merchants, who pursue their avocp.tions under the licence and rpp )bation of ha wkei-j and pedlars, to the prejudice of all the . espectable shop- keepers in the country, the 5*. 6d. pamphlet proceeds, at page 180, to what it terms, " the subject next in order and importance^ the warehouseing system ;" respecting which, it "^ IMAGE EVALUATION TEST TARGET (MT-3) M A* ■*>/ "*«' •"^V ^^s ^ 1.0 I.I UilM 12.5 2.0 lis u 140 1.25 „ ,.4 ^ ^ 6/' ► Hiotographic Sdences Corporation 33 WIST MAIN STREiT WfVUW.N.Y. MSIO (/(«) •72-4503 4^ A' .^^ IH :• I '< I- V;: «4 is intimated, tliat some nezv measures nre also proposed in parliamprit under it ; for a more detiiiled view of which, the reader of the .'5.?. 6d. pamplilot, in a note at page 182, " is referred to the most able speech of tlie Ki^lit Hon. T. Wal- lace, vice-president of tlie Board of Trade," in the con- coction of wliich able speech, the most intelli^rent vice-pre- sident is supposed to have been aided, by thu very lu- minous, and truly %fl/. subject, tae ffx-Sheriff of Essex, Hi» Majesty's Ifauoverian Cvmtul-Gcwral, to whom the licm- ews" systeni, as well as the warehoaselng system, is a theme of j»eculiar interest. As regards tlie wareliouseing system, as long as the er- roneous policy in the ag:ircgate of tlie conunercial system of the country continue:;, the wavchouseing s;-stem is the least objectionable, in fact it may be considered a palliative or relief as (ar as it goes, to the consequences resttlting from the eiTor of the system in the aggregate; but establish the external relations of liic country, or its cojnmercial law on their }Mo}/er basis, and the warehouseing sjystem, as well as a thousanr ctihunniate its most sacred institutions " It may be asked here* who is it that defies the laws of the state, and calumniates its sacred insti- tutions? aisd if they are defied and calumniated, it maybe asked. Who is the cause of such miscondrct? It is not the just laws and sacred institutions of the state, that are defied and calumniate•' sobery " steadj/y victory over the most appalling dilFiculties, without *' the levity and vanity of a triumph ? Is it unreasonable to " express a confident assurance, that the future annallist, if *' not the^a^^wg" generation, will recognize the public ob'i- " gation, to the ministers of George the Fourth, and will "hereafter enumerate them among those wise and sub- " STANTIAL, but UNPRETENDING AND UNTALKING DENE- *' FACTORS, who, in times of great peril and diificulty — in *' times of much vaporing and frothincss — when every po- *' pular leader has his new measure, and all the infinite *' variety of political w[isdom is reduced into theories — when " every one assumes to be the builder of a system, and ever j ^7 ** fllone is markcJ with tlio biiiUU-r's nninr— when British ofR- " ceis follow in the tniiii of a mob airainst the jjoliceof the " country, and wi>5o men come from the East to shew how '• cheaply a nation can he froverned— is it too much to claim *' for his Majesty's minist(>r.s the praise of those, who, nihil " iion agenlcs quod reipuh/kcr mcessefuU, et sine ulla osien' " tatione a^cnli, deserve the more api)lause from other?, an " under the most unequivocal public services, they least as- *' sume it for themselves ! ! ! " A long latin sentence clenches the whole, which nothing but the extreme modesty of his Majesty's ministers could have prevented, from being turned into their vernacular tongue ; it implies that they are as rich as Crcesus, as munificent as Macrenas, as wise as Solon or So- lomon, as graceful as Ajjollo, as valarous as Itomans, as eloquent as Demosthenes or Cicero, and that they are, in fact, to say all in one word, the very pink and Hower of the age. Having thus fiir exhibited all the leading matter of fact part of the 5s. 6d. pamj)hlet, through all the deparlments into which it is divided, and so much of its verbosity as may serve to give the reader of this edition, a fair idea of its general grace and taste ; it is n(jw desirable, as soon as re- covered iiom the extatic sensation which the perusal of th« preceding }>eroration must necessarily excite, to carry the reader back to the luaiu text of the subject. " The state of the nation at the counnencement of the year 182^, as ex- hibited by Hia Majesty's ministers, and its real state in com- parison with its state at preceding periods, and before th« numerical elucidation is again entered upon, it may be as well, in the lirst place, to I'ludly dispose ol' His Majesty's iuinisters., t'rom souic cause or other, Mhich, on the moat sober tr »!"■ ■ 88 reflection, It seems difficult to account for ; with all tlieiV jrood sense and hi<»h niindeduess, the people of Kn^land had so long accustomed themselves to pay a lespectfiil ,v (ieing perverted, or lii a.iy way nusreprese.Ued, like the p(Mo.ation, it shall be Uansctbcd to the very h-uer and point of pu.ictuatiou. M m- ■■!• t)0 Know Uien, tliat tho pnininaplj in qiioMtlmi, fi)llu\\« \\w t\\cxV\i\uAy tlio conclusion (IsMwr., as inscrtod in \,-,M^ii M of tliis edition, " that iho resources ol' tlio internal trade of tile coiiniry, are not only uiiii'.n)ttired, but are all exi-iin«( in increased energy;" i( then lollows — " A very hriel' view ryf tlie quarters just terminated, will conCnni the above | ro- position, and conclude this division oFour subject. The first quarter of this year ended, if course, April 5tli ; now, for the sake of exhibiting a fair comparison of the two years, let Us for a moment assume the two financial years, )8i?0 and 1S21; to have teritiinated respectively on that day. The encrease of tlie revenue of the latter year, would then exhibit a sum of nearly two millions. The encrease on the excise alone, would appear to be two millions and-a-half; flnd this encrease attaching on articles of general consump- tion, on candles, colfec, hops, malt, pepper, printed goods, sidt, soap, British spirits, tea, tobacco and snulf. But if thia quarter were thus favorable, the October qiuuter now past, exhibits an augmentation of revenue without parallel. Under all the heads of the comoliduted fund^ the customs, excise, stamps, and asses^sed taxes, there was a large excess abovtf the corresponding quarter of the preceding year. In the total war taxes there is an excess of X''^0(),000. beyond the cor- responding quarter of last year ; and, in the total reveime, the (^xcess as compared with the same qtuirter,is between 8 and /i'DOOiOOO. Under the excise, all the great articles- of con- winiption have encreased, ami this augmentation has pir- vaded almost every head of the consolidated excise 'iiuties. The total was astonishing ! it exhibited an encrease over the Oc('jb(T quarter of 1818, ofa sum ofabove j^700,000. over the like ciuarter of 1819, of above ;C1,80(),000. and over the forrcspon(kini; quarter of 1820, of X'^^j 7,000." such is the 91 »e cor- b 8 and \>l' con- pir- luties. rer the ovor rcr llie Is the piirn^rn^)h to the cUuitlatiou of wliicli, the attention of the liiitioi) is now (lenuitulcil. The essence! of the paviigroph is its conclusion, \v]iich rojtrcsf'itrt nn encrcase in the rcveiuie ol' tlie cpmrtfi' ending October lOlh, 1S21, over that cndin*; October lOtli, 18IS, of no h'ss than X^'J,3.")7,0(X). such is the conchision oxihited in the 5.v. OW. parnpliUt ; an encroase of revenue of no less than X'^'v'>-> 7,000. in a quarter only ! and the statement, ao tar, not denied by Hi;* Maj(;sty*s niii»islerH. Now, to pre- vent a repetition here, the reader will pleui-c to turn back, to paj»e 3i!, wbere he \\i\\ see, that the total actual revenue of J820, was only X'l-J^^l^^^' i*' 11''- more dian that for 1818; and, had the balances in the hands of the collectors and re- ceivers, aiul bills not due, bee!\ tiie same at the close of the year 18i(), as at the close of the year 1818, the revenue o4' 1820 would have been £jI'J,'2S{. is. Id. less than that of 1818. The total amount of revenue for 1820, vill be found to dif- lf lie papers of the (bllov.in^ day, and now prefixed to tliLs edition ; the diiference in the amounts arises from their hav- ing been made up from di/lcrent accounts; and it must here be understood, that there are no two accounts relatinir to the same subject, comjiosi'd of several items, which His Ma- jesty's ministers have ever laiil before pmliament, that haw ever led precisely to the same conckision ; the diHereiice in the amouiUs in que>«tion, however, is not considerable, in a comparative sense to tho totals ; it arises tVom ,i'jJ,Cf;8. 10.?. 9\d. being included in the stivtenicnt of the revenue of Ireland, separately giveuj which is not iugludediu tht.' 5>late« 1 PS ■rtcnt of tlic account for the Ihiitrd Kin;T(l(im. The bjil;incr!"i, slso, arc lu vcr corrccllv brou'ilit forw n!. In flic accounts fur the ytnr ISlf), f(>r instance, rndhr^ "itli .Tuinuiry, iSi^O, the balances in the hands of collectors and rtceivrrs'-ijcneral, and bill.-i not due at the hitter tlate, are rt presented in ilie account of the revenue for the United Kini^doni, to be £1,779,211. 10.V. whilst i!> tlie account li)r IS^JO, endinf,' Oth January, J812I, jCl,771,1."iO. OV. 8.if/. only, is hVou<;hi for- ivard, with the exception of difli-renccs of this r;{ilure, vhicli arise from the several f tatenionlb having been niudeup, as said before, some from the accounts of Gteat Britain and Ireland separately, and some from the account of the United Kingdom — they defy refutt^'ion. It niiv be observed here, that in the statements of (xpendilure of the Hon. >' em- ber for Aberdeen, that one item of charge seems omiited, headed quarantine, and other charges ; the omission was doubtless occa;ioned by its being a deduction out of the gross revenue, instead of its appearing in the account of expenditure, but the amounts are not such as to at all clTec^ the character of the Hon. Member's statements for accuracy. The amounts, for tlie four years in question, are as follows :— m. for 1817 X29,218 4.9. 0(f. 1818 31,17i 2.9. 8^. 1819 I11,4G3 17i-. 7{(L 1820 142,136 ll.«. ]{d. making a total of P316,99'2. 15s bd. in the four veni'.«(. But, as the preceding paragrapli, from the bs. OVA pan)phlet, enumoratcs the great articles of consumption under the ex- cise, as having all cncreascd in productiveness of revenue, the revenue of the cu-toms and excise fcr the years 1818 and 1820. shall liere be given distiiict from all the other branelu"5. Tho customs anel cxclae cuixnot, with piopriety, be given Vi Rcparatelv.foriho iv.n-on. ns a;iiicnrs nt pni^o 20, of this edi- tion; and, ivincriil>or, as svi-ll in olucidaliun of tlie present position as iliutof fiie.Vv. fu/. pamphlet's staN^m-MitofcncTease of i?.'],. 'J j 7,000. in a single (juaiter ; that in xNoveniher, IHIfl, ndili(ional taxes were imposed on :naU, Hrili'^h spirits, tohacco, collee, coc(>a, tea, and pepper, on n cahMihuion to produce X^'^19-),000. prr (uniiim, t'ov Great Riitain only. The gro'-s receipt of revenne of ilio \ cmtonis 8: ex tisc (deducting d raw- f hacks, and bounties ofthc nature of^ dri whacks) for 18'i0, \v:is 7 And for 1818 £58,002,893 5 1 S(),977,ini l.'j rji Being an encrcase on tlic total Mim \ to he accounted for, of only ..... ' And the hulances in the-o two ^ hranthesof revenue alone, r. duced ) 1,025,101 jl 6§ 502,409 3 SI £1,122,992 7 10 given So, that wiili an encreased rate of \ taxation equal to X'.'j, 1 90,000. p^rf anruoii, the actual total encrcase is / «»'y ' } and the Irish and other branches of the revenue in the mean while tie- creased, so, as before saiil, to reduce the total of 1820, no less than i*.") 12,284. 4.V. 7d. below that of 1818: and how- ever incredible, and incredible it w ill doubtless seem, when comj)ared with His iNlajesty's ministers' statements ; it is re- j)eated again, that the above position delies refutation, as well as every other nmuerical positioji here introdiiced, and the following elucidation will sullice to disclose ^on>ewhat, the specious and decepiive ground, behind which Mis Ma- jesty's ministers shield their proHigacy and speculative wan- tonness from t!ic view of the public, and the sophisticated r 94 means, whoroby tliey presume to justify thnr p.ilpiibly Hilia- ciotis it'prertintiilions orcntrcusiii^; rcvt'inu- on ono f^ido, ami decrcasinnr fxpindituro on the otlii'r. To parlianu'iiuny gontb.'intn soitu? of tlu; rollowin*^ points of in(bi million may nj)pcar supedluous; but, tlmy will please lo remember, that the |)ubli(' at large, have nn interest in the Biibject, and that it is eqimlly desirable, the publie sliouM umler^land them also ; whilst it will be endeavoured to plaee the wholo in such a point of view, as the parliamentary gentlemen themselves, may see it somewhat less oblitjuoly than here- tofore. It will be noticed then, that the F)s. 6(t. pam})hlet\^ pa- ragrapli now more immediately mider cousiih'ration, staled *'that amongst tlu^ artieles, under all the lieads, of which there was such a large excess in the October quarter, is enu- merated, the consolidoted fund ;^^ a large excess on the conso- lidated fund, remember ; now it is important that the nature of this consolidated fund should be clearly and correctly un- derstood. Know then, that the whole of the dividends or in- terest on what is called ihc national debt, the sinking fund, and nllthe items of expence, (except the interest on Exchequer bills) Nos. I. to VI. in the statement, No. 2, hereunto prefixed, are chargeable on what is technically termed in parliament, the consolidated fund; that is, various acts, passed at different times, have been consolidated, (and when consolidated, have become inviolable;) that is, the charges never again como under the question or discussion of parliament ; and as the charges of this fund have increased, taxes proportionate there- to, have in like manner, from lime to time, been rendered permanent, under the technical apptllation of consolidated dtuies. There shall now be cxhibiicd, a statement of the total 5)5 Moro- total income and chjircjo of this part of t\w Matli)na1 account, rIucc the year ISK), coiiinuMicing the .'ith of .laiiuHiy 1817, vhen the two F.xchoqiiers oftiioat Hiiiain aiul hilaiul were muted. 'J'lic accounts of the two couniiie;:!, however, iihall be ijivcn separate. iVo. I. Stateuient of the charW a 4l.n.7V.i.n,'iU T («J FACvgs(^li.:{,y73,J(;'J 10 K 1 I.Jt.'JV.V.M -.111 4..;.i.-),10.) 7 No. 2. Statement of the same for Ireland, for tlie same period. lisls^ i ,>'ii.i)7H H lwl7. JMCt.mi' i, J,.;sM,u(i'.t 18 7>, ('ii;ir;;e ?.lM;.7vM II 7.' •>.:i\i>rri II 11', Kx(i's'.|iic.i.y7i,v8l 6 11-; u,u1o,lor, ic c; I.h.i7.'>7i i.i ii^i i.vi'.i.'ji.'j \c, hj IKHI. i^an. No, fi. Th<> two unitefl, or the same for the United Kingdom. \HW. IM7. __ _ I _ 1K|8. _ 1 ^ ];aV,H'i407r77,'.'(',sTi'";il!H'..7(.iH,|u7'''''r S-j 48.171.71)0 5 9,lJ48,9ii';.l(i.i I Z^ I'lcoiii.' 41.17(1. 181) H 7; ; |7,nV(i.t:i)H 14 i^l l.i.'.tTtJ.yti'J U 'JA|48.:{88.87 2 1 G H l)tli>. Inc. V.(ii)'^,r!88 ~i iTj^iV oi~Tn'?sriT~ ' j-j^'-'^. KVi 11 I r,nu:',.i 7 i>', I Now, it is seen by tlie above statement. No. 3, that the ■charge on the consolidated fund for the [Jnited Kingdom, lor the year 1820 was, ,(:'l8,90(i,IO(). is. 9\d. and as the expence of colleiticm of the revenue, amountin«>- to XH,13G,()42. and X^380,47.'>. more, payments out of the gross revenue, are also made without coming \mder the dii^eussion of parliament, it constitutes a total amount of expenditure, of no less than £5'J,()^23,i'2'J. left entirely o»it of view by His Majesty's minis- ters, in speaking of their estimates, supplies, and expenditure ; and this elucidaticm may serve to ex)>lain, what, to all unac- quainted with His Maje'^ty'i ministers system, must ap|^ar f5, 96 the irreconcilable disparities in llio amounts at \)t\rro.^ '^9 atul 31 of this edition; but this is the least importaiu (batiire of the subject. It will bo noticed, on loukiunr at the consoli- dated fund account for ( J reat liri ta in separately, that so far f loui any excess of income, there is a ddiciency in the 4 years in question, of lid less an amount than lMiicy and 1 rc- licli (uns, inual ns of th of Vpril in, ;re is the bnt Itcr- linia of tlielr servile diurnal paper«, tliat the income of the con« Kolidated fund, exceeds the charge by so much, when they must know that their finid in the ajifiroijate, is 8 to 10 milliond^ deficient, and every alternate quarter, getting still more and more deKciei.t ; bnt this, bad as it is, is by no incnns the worst feature of the subject. Take the following, as another order of illustration. The total actual expenditure of the United Kingdom for the 4 years in question, as stated at page 31, was — viz. 1817. 1818. 1819. 18S0. £73,091,857 10 9i 7a,256,3G8 lOJ 73,812,529 11 llj 75,022,540 5 6 "^Tfumras^per} 46,172,208 12 3} 46,708,107 4 3^48,474,796 5 9^^48,906,100 4 SJ >r«'ce(liiiir.Orcl- in"ro»Ki"X'4*Jer^ 26,91^^^^^ 6 26,548,260 16 7 25,337^03 6 2| 26,116,434 3^ Bill'ithHrgc of col lection, (%c. "'ManaleS!"^} 4.351,836 14 6 4,403,756 16 2J 4.249,936 H\ 4,136,64113 f>i 'Vir^s^e p^rse!'" I 22,567,752 4 22,244,504 4^ 21,088.51)7 5 5| 21,979,792 6 ioi Now, by the above order of illustration, if His Majesty's mi- nititers' representations were true, on their own illusive modft of stating them; the last amounts brought down in the above statement, should correspond with the amounts represent- ed in page 29, as the amount of ordinary expenditure for the years in question: — turn to the page. But, the positive and indubitable fact to which' the last; order of illustration leads, is this, that whilst the ordinary expenditure has decreased since 18lC,onlyj£'80S,Ii>k \'iis.*i{(L per annum, the charge on the consolidated fund which is kept out of view, has increased no less than jt:'2,7ci3,837. 1 1*. XQd. making an mcreaae, in the aggregate expenditure forth* If ds >■%■' 1%. ^ear 1820, over that of 1818, of X 1,950,682. \3s .1\r privations and difiiculties unknown in any fi)iu)er porio«l, and they apply this enormous amount, nearly oue-tliiid of the ao0 inclusive, there has been chargcil in the consolidated fund accouiU, towards the reduction of the national debt, no less than {^i)o,()H7 ,'27 7 . notwithstanding which, however ex- traordinary it may ajipear, it is no ntore srange than true, that although the direct resources -jf the state, have exceeded the legitimate demand, by upwards of I millions, ami the annu- nual charge of the debt dimini^hed uj)v*ard3 of X"iGO,000. by expiry of terminable annuities and odier causes, totally un- connected with the operation of the X't).'^5^i' out of place hero, and foreign to the purpose, to advance any propoi-itions of a prospective nature, and in llict, since almost every individual has tinned system-mon- ger on paper, like every other avocation, the trade is become over-haiuled and too common ; suHicc it therefore to say, that if a new t ..ifice is to be raided on the scite of the old one, the fust thing to be done is to clear away the rubbish, and the social edifice of Great Britain must be re-con- btructed; it will bear patching up no longer, the materials are at hand, and ample enough, nay more than sutlicient; but, His Majesty's ministers are superablc obstacles in the way, 102 •which must be removed ; and if not romovcd s))PC'dily, the edifice will tumble over the heads and smoth(M' half the na- tion in its ruing, and leave the remainder if not in a pitiable, in a most pitiful condition; and as said before, the edilice will no longer bear patcliing, the foundation boinjr bad, and the superstructure already encumbered with ten thousand excrescences, by wanton ra/75, applies only to England and Wau-;; all the other statements, except when other- ways expressed, apply to tlu; Uiiittd Kingdom. — Hi-s M; jetty's nii- iiirttLva are wekoiue to any advaulage tlicy can derive from the dit- ferenecs in the above slated instant-ei^ ; hut they will be foiiiul to cor- nspond with their own valuation of the aboli;:u:i of giueciivca. Ticfe, p;igi' I 1 . A xaritly of Stalcmenls ilhislrative of the confusion and disorder that prevail in all the departments of government , in making up the National Jccaunts, maj/ be had at the Puhlisher's.— rhe Statement, No. 3, hereunto prefixed^ will he found to contain the substance of the whole Volume of Finance Accounts laid annuallt/ before Parliament, with all the ddail that is necessary to give the enqidrer a fair idea of both Income and Expenditure. If the final expo. sition teas to be made up in such form, a correct conclusion tnii;ht be immediatelu drown; whilst the order of arran^^e* ment adopted bj/ His Maj