HC Deb 14 March 1806 vol 6 cc448-9
Mr. Vansittart

said, he meant to propose a resolution for liquidating the exchequer bills, the accounts of which had been referred to the committee. There was a sum of 8 million consisting of an issue of 5 million, and an issue of 3 million in the year 1804. There was another sum of 2½million issued in 1804, and replaced by a fresh issue last year. It was now proposed to pay these bills off, but whether by fresh exchequer bills, or by other means, he was not prepared to say, till the Ways and Means should be considered; though he believed it would be found more desirable to pay them off by exchequer bills. There was a further sum to be provided for, to the:amount of 1,500,000l. being part of 3 million advanced by the bank, in 1798, one half of which had been since paid, and this other half had been renewed, and remained to be provided for now.—The following Resolutions were then agreed to: 1. "That 8 millions be granted to his majesty, for paying off and discharging the exchequer bills Made out by virtue of an act, passed in the last session of parliament, for raising the sum of 8 millions, by loans or exchequer bills, for the service of Great Britain, for 1805, outstanding and unprovided for; 2. That 2½ millions be granted to his majesty, for paving off and discharging the exchequer bills made out by virtue of an act, passed in the last session of parliament, for raising the sum of 2½ millions, by loans ,or exchequer bills, for the service of Great Britain, for 1805, outstanding and unprovided for; 3. That 1½ million be granted to his majesty, for paying off and discharging the exchequer bills made out by virtue of an act, passed in the last session of parliament, for raising the sum of 1½ million by loans or exchequer bills, for the service of Great Britain, for 1805, outstanding and unprovided for."