Sivut kuvina


penditure would be 56,001,8421., law-stamp duty. The assessed including 5,486,6541., for the sink- and land taxes would not be less, ing fund, which would leave a upon an accurate calculation, than clear surplus of 448,528l. Such 4,875,0001. The Post-office might was the general result, at which be calculated at 1,500,0001., being he arrived from the following de- 20,000l. less than last year: The tails. The Customs for 1825, he miscellaneous, including 100,0001., took at 11,350,000l. ; which was due under treaty from the Dutch an excess above the actual nett government, would be 750,000l. ; produce of the former year; for to and lastly, there would be received that year's receipt, taken as the from the trustees of half pay and basis of the present estimate, there pensions, 4,470,370l. The whole were to be added 50,0001., which would stand as follows :: would be saved by the progressive Customs

£11,350,000 diminution of bounties upon fish


26,400,000 and linen; and 460,0001. being


7,100,000 the amount of the repayment on


4,875,000 Post-office

1,500,000 the stock in hand of silk, which


750,000 was merely a casual loss. These Trustees of Half Pay.. 4,470,370 sums stood as follows:

£56,445,370 Receipts of 1825 £11,327,000 Diminution of bounties 50,000 As to the expenditure of the year Stock of silk in hand 460,000 1825, one class of items constituted

the permanent charge upon the £11,837,000

consolidated fund. The other class Deducting from this, 410,0001. arose from the annual supplies for the full operation of the re- voted by parliament. The two duction of duties last year, there together comprehended the ensuwould remain 11,427,000l.; so ing items: that in fixing the estimate for this Consolidated Fund. branch at 11,350,0001., elbow- Interest of Debt ...... £27,233,670 room was left to the amount of Do. of Exchequer, Bills 40,000 77,0001.

Civil List, &c....... 2,050,000 The estimate for the Excise was

Half Pay Annuity

2,800,000 Sinking Fund*

5,486,654 stated at 26,400,0001.; the produce of last year was 26,768,0001.

£37,610,324 from which was to be deducted 200,000l., on account of the entire * The increase of the sinking fund cessation of the salt duty, and beyond last year arose, in a great mea37,000l. on account of the further sure, from the course adopted respect

ing the dissentient holders of 4 per effect of last year's diminution of cents. The stock standing in their the duty on rum, so that the


names amounted to about 6,000,0001. ; bable produce of 1825 would be and as they were to be paid off by an 26,531,000l. ; but it would be be subsequently discharged out of the

issue of Exchequer bills, which were to prudent to take it at 26,400,000l. sinking fund, the amount of their stock The stamps, would, in all proba- was transferred, at an interest of 31 per bility, produce 7,100,0001., after cent, from their names to those of the allowing for a diminution of commissioners for the reduction of the 150,000l. on account of the fur- stock so transferred became an addition

national debt, and the interest of the ther effect of the repeal of the to the sinking fund,

[ocr errors]


thought it desirable to fix the duty Interest of Exchequer Bills 820,000 permanently at 278.; and modifyArmy

7,911,751 Navy

5,983,126 ing the drawback accordingly, this Ordnance

1,376,641 change of system would save to Miscellaneous

2,300,000 the revenue 38. per cwt. in the

drawback, and might be taken in £56,001,842

1827 (the first year in which the A portion of the increased charge modification would be in operaof the army arose from the expense tion) as a total saving of about to be incurred by training the 300,0001. English and Scotch militia: and It thus appeared that the surplus the miscellaneous charge was aug- of the years ending with 1827 mented by the necessity of pay- would be as follows: ing no less than 250,000l. to

Surplus of 1824

£1,437,744 the United States of America for


443,528 certain Negroes who left their


864,676 masters and attached themselves


1,254,676 to our forces during the late war.

Total .... By the treaty of Ghent we were

.......... £4,000,624 bound to pay for such Negroes; In applying this surplus to the and the award of the emperor

diminution of the public burthens, of Russia, under the provisions of Mr. Robinson stated that he had that treaty, had fixed the price at three main objects in view :-1st, that sum.

Increased facility of consumption Deducting then the total charge at home, in conjunction with inof 56,001,8421. from the total re- creased extension of commerce venue of 56,445,3701., the nett abroad ; 2nd, The restriction of surplus would be, as before stated, smuggling; and 3rd, Some alle443,528l.; and, upon this basis, viation of the pressure of direct a surplus of 864,6761. might be taxation. expected for 1826, and of 1,254,6761. To accomplish these objects, for 1827. The increase of the after alluding to Mr. Huskisson's latter surplus beyond that of the plans for reducing the prohibitory year immediately preceding it, was duties, and recommending the duty to be expected from a proposed on iron to be lowered from 61. 10s. diminution in the bounty upon the to il. 10s. per ton, he proceeded exportation of refined sugar. By to specify the reduction which he the existing law, the duty upon meant to propose upon various raw sugar varies according to its articles of foreign produce, the price; when the average price is duties upon which, although not below 47s., the duty is 27s. per cwt., avowedly or really prohibitory, and the duty is liable to a graduated were nevertheless so high as to scale of increase, according as the impede the consumption, and to average price may reach certain press with considerable severity specified amounts: but the draw- upont hose who used them. The back upon the exportation of re- first of these articles was hemp, fined sugar is calculated upon

the from which he recommended a resupposition, that the duty upon duction of half the present duty, the muscovado is invariably paid at a loss to the revenue of about at the higher rate. Mr. Robinson 100,0001.


per lb.



8 8 6

The next article was coffee. The imported into England. The preexisting duties upon coffee were sent duty of 10s. 6d. per gallon on

all British spirits, he would reduce West India 1s.

to 58. per gallon on all spirits disEast India Is. 6d.

tilled from malt, and to 6s. on Foreign 2s, 6d.

those distilled from grain. He proposed to grant a reduc- the same principle, he would retion of 6d. in the lb. on the duty duce the duty on rum,

which was upon West Indian coffee to extend

at present 10s. 6d. per gallon, at the reduction to cocoa. Taking proof, to 8s.; and permit whiskey both articles together, the revenue to be made from grain in our colowould probably be diminished to nial possessions, and to be sent the amount of 150,000l.

here either for the


of being But the most important of all rectified, or of being sold as whisthe topics introduced by Mr. Ro- key. The loss to the revenue from binson, was the reduction of the these sources would be 750,0001. duties on wine. To explain the The duty on cider, which was at grounds on which he proceeded, present 30s. per hogshead, he he went back to the years 1801, would reduce to 10s., by which 1802, and 1803, when the duty the revenue would lose 20,000l. on wine was as follows, viz.

As to the direct taxes, Mr. Ro1801 88. 9d. per gallon. binson proposed to remove the French 1802


duty from four-wheeled carriages 1803 10

drawn by ponies, amounting to 180) Not 1802 6

8571.; the tax upon occasional French 1803

waiters, amounting to 1,343l.; on The

coachmakers' licenses, 354l. ; on average consumption was :

carriagessold by commission 3,391l.; Of French wine

274,000 on mules employed in carrying ore, Of all other wine 7,396,000 1371.; on houses, which were

At present, the duty on French vacated after the beginning of the wine was 11s. 5d{ per gallon: on year, 5,0001.; on untenanted wines not French, 7s. 7d: and the houses, 4,0001. ; on an additional consumption of 1824, after the window in dairies, 1,000l.; on lapse of more than twenty years, farm-houses, occupied by labourers, notwithstanding the great increase 1,000l. ; on husbandry servants, of our population and of our gene- occasionally employed as grooms, ral opulence, had been so far from 2,000l. ; on husbandry horses, let keeping pace with that increase, to hire, 4,0001.; on taxed carts, that it did not exceed 254,268 18,913l. ; on houses under 10l. gallons of French wine, and rent the whole of the inhabited 4,847,976 gallons of other wine. house duty; and the whole window His intention was, to reduce the duty on houses not having more duty on French wines to 6s. per than seven, 235,000l. The total gallon, and on wines not French, amount of these items would cost to 4s. The loss to the revenue the revenue only about 276,995l., from this change he estimated at but they were items of which, as 230,0001. In order to diminish they were exceedingly vexatious the temptations to smuggling, he in the collection, it was particuproposed to allow whiskey to be larly advisable to get rid.

5 6 6






The result of the reductions pro- ed. On the whole, however, the posed by the chancellor of the Ex- exposition of the chancellor of the chequer, was as follows:

Exchequer was highly pleasing to Reduction upon

all parties. They were satisfied Hemp


that he had granted as great an Coffee

150,000 alleviation of the public burthens Wine


was consistent with public BritishSpirit&Rum 750,000

credit, and that he had chosen, Cyder


with a comprehensive prudence, Assessed Taxes 276,000

the mode of applying the relief. £1,526,000 On the 3rd of March, Mr. Ma

berly moved for the repeal of the Of this it was calculated that there assessed taxes: but, out of 175 would be lost, during the present members who were present, he year, about 650,0001. ; so that the was supported by only 47. On total surplus of this and the two the 5th of May, a resolution, proensuing years, estimated at up- posed by the same member respectwards of 4,000,0001., would be ing the duties on beer, was negaamply sufficient to meet the dimi- tived by a majority of 88 to 23. nution.

Mr. Hobhouse on the 7th of May, Some were dissatisfied, because moved a resolution, by which the there was not a greater diminution House pledged itself to repeal the of direct taxation ; others, because window tax from April 1826: The greater relief was not given to the Ayes were 77, the Noes, 114. A West-India interest; and some motion for the repeal of the duties were particularly anxious that the on soap and candles was negatived duties on tobacco should be lower without a division.


Private Bills-Close of the Session of Parliament-King's Speech

Proclamation enforcing the Foreign Enlistment Act-Commercial Embarrassments-Failures - Panic in the Money-Market

EAST INDIES-Operations of Sir Archibald Campbell His advance towards Prome--Repulse of General Cotton at Donabew-Return of Sir A. Campbell to Donaben Capture of Donabew-Occupation of Prome - Subjugation of Assam and Arracan-Sir A. Campbell remains in Quarters at Prome Armistice with the Burmese Negotiations.

great satis

A of
MORE than ordinary share “My Lords and Gentlemen,

The business of the Session of the legislature was occupied being now brought to a concluduring the present session, in the sion, we are commanded by, his consideration of private bills. So Majesty to express

the great was the passion for Joint- faction which he feels in releasing stock companies, and so abundant you from your laborious attend the capital which was ready to ance in Parliament. seek employment in schemes of “ His Majesty returns you his local improvement, and in forming warmest acknowledgments for the new channels of internal commu- zeal and assiduity with which you nication by means of rivers, canals, have prosecuted the inquiries into and rail-roads, that four hundred the state of Ireland, which he reand thirty-eight petitions for pri- commended to you at the opening vate bills were presented, and two of the Session. hundred and eighty-six private acts

“It is a particular gratification were passed. The conduct of the to his Majesty, that the tranquilcommittees, to whom some of these lity and improved condition of that private bills was referred, was the part of the United Kingdom have subject of loud and well merited rendered the extraordinary powers complaint. Many members of the with which you had invested his House of Commons seemed, in the Majesty no longer necessary for exercise of this part of their func- the public safety. tions, frequently to forget that “His Majesty is happy to be they had any public trust or duty able to announce to you, that he to discharge, and gave their votes receives from all Foreign Powers for or against a scheme, entirely the strongest assurances of their as it coincided, or was inconsistent friendly disposition towards this with, any private interest of their country, and of their desire to own, or of their friends.

maintain the general peace. On the 6th of July, the session “ While his Majesty regrets the was termin ed by commission. On continuance of the war in the that occasion, the lord chancellor East Indies with the Burmese go. as one of the commissioners, deli- vernment, he trusts that the galvered the following Speech : lant exertions of the British and

« EdellinenJatka »