§ Mr. Tierneyobserved, that as there might be a long debate on the Habeas Corpus suspension bill, he should rather prefer moving his intended Resolutions on a future day; Tuesday, for instance. They were necessary in order to show the difference of his views from those of the chancellor of the exchequer. He should, therefore, simply move his resolutions with the view of adjourning the debate till Tuesday. He then moved the following Resolutions:
1. "That it appears to this House, by the 4th Report of the Committee of Finance, that the sum to be expended by the commissioners, for the redemption of the funded debt of Great Britain and Ireland, in the year 1817, may be estimated at | £.14,515,080 |
And that provision has been made for paying off navy and transport debt, within the same period to the amount of | 1,660,000 |
Making the sum applicable to the reduction of debt in the year 1817 | £.16,175,080 |
That it appears to this House, that the amount of the unfunded debt of Great Britain, in exchequer bills outstanding and unprovided for, has been increased, since the 5th of January 1817, by the sum of | 7,898,950 |
That a further issue of exchequer bills to the amount of 9,000,000l. and of treasury bills in Ireland 3,000,000l. has been voted for the service of the year 1817 | 12,600,000 |
Making an increase of debt in 1817 | £.20,498,950 |
And that, deducting the sum before stated, as applicable to the reduction of debt | 16,175,080 |
The debt of Great Britain and Ireland (exclusive of any deficiency which may arise in the income of and charge upon the consolidated fund) will be in- |
§ 2. "That, supposing the income of and charge upon the consolidated fund of Great Britain and Ireland to be the same in the year ending the 5th of January 1818, as in the year ended 5th of January 1817, they may be stated as follows:
INCOME:—Great Britain (after deducting 374,000l. arrears of property tax) | 38,709,551 | |
INCOME:—. Ireland: | 4,394,631 | |
Income of the year ending 5th January 1818 | £.43,104,182 | |
CHARGE:—Great Britain | 39,693,429 | |
CHARGE:— Ireland: | 6,985,953 | |
Charge of year ending 5th January 1818 | 46,625,382 | |
Deficiency of consolidated fund 5th January 1818 | £ 3,521,200 |
3. "That it appears to this House, that comparing the net produce of the customs and excise of Great Britain, in the first 22 weeks of 1816, with the first 22 weeks of 1817, there is a diminution of receipt, in the latter | £.1,430,593 |
§ 4. "That the unfunded debt of Great Britain and Ireland, unprovided for, may be stated as follows; viz.
Amount of exchequer bills in Great Britain, outstanding and unprovided for, 20th June 1817 | 52,362,200 |
Further amount of exchequer bill voted for the service of 1817 | 9,000,000 |
Amount of treasury bills(Ireland) unprovided for, on the 5th January 1817 | 5,304,992 |
Amount of treasury bills(Ireland) voted for the service of 1817 | 3,600,000 |
Amount of unfunded debt (exclusive of any deficiency in the income of and charge upon the consolidated fund to be provided for 5th January 1818 | 70,267,192 |
§ The first resolution being put, the farther debate thereon was adjourned till Tuesday next.