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reported thereon.-On the question being | render the king dependent upon the Parput, Mr. Manners Sutton took this opportuliament. Mr. F. did not object to the nity of referring to the revenues of his present motion; but he said, that, if the Royal Highness the Prince of Wales. He present application for aid to the civil list quoted law authorities to prove, that his was agreed to, and the concerns of his Royal Highness, as Duke of Cornwall, was, Royal Highness passed unnoticed, it would from the moment of his birth, fully entitled be neither just towards the Prince, hoto every thing belonging to that Dutchy. nourable to the House, nor creditable to Having established this point, he stated, the country. Mr. Pitt agreed that the that, the Ducal revenues, which arose dur- claims of his Royal Highness ought to be ing the minority of his Royal Highness, had put into a train of enquiry, and, whatever not been secured to him, but had been ap- opinions he might have entertained, foundplied by his Majesty, for the purposes of ed upon the knowledge, which the situa assisting to defray the expenses of the civil tion he formerly held enabled him to obst, the whole of which expenses, if such tain, no prejudice would remain in his plication had not taken place, must have mind, if the House should think proper been defrayed by the public, and, there- to enter on the subject. With respect to fore, his Royal Highness had now an un- the matter now before the House, he doubtedly just claim on the public for a re- agreed with Mr. Fox, that the granting of abursement of both the principal and the the civil list for life was the best mode that interest of the revenues so applied, the could be devised; but he could not agree, amount of which Mr. Sutton stated' thus: that the amount of it never ought to be augthe revenue from 1762 (the time of the mented, however necessary such augmentbirth of the Prince) to 1783, amounted to ation might be rendered by the peculiar £100,000, which, with the interest up to circumstances of the times.-The motion is time, would amount to nearly £900,000. was then agreed to, and a select committee Deducting, therefore, the sums advanced was appointed to examine into the papers is Royal Highness previous to the esta- and accounts laid before the House. blishment of a separate provision for him, which did not take place 'till 1781, and giving credit for every other allowance made his Royal Highness there would now remain due to him, from the public, from $600,000 to £700,000. Mr. Sutton next entered into a comparative statement of the allowances, which had, at different epochs, been made to the different heirs apparent, from which it appeared, that the expenses attending the establishment of his Royal Highness had not, when all circumstances were considered, been greater than those of the establishments of his predecessors. Mr. Sutton concluded by observing, that, Nowever great the expenses of his Royal Highness had necessarily been, they had been defrayed by himself, and that he was, in fact a creditor, and not a debtor to the publie.-M. For went over the same ground, with regard to the revenues and expenses of the Prince, to whom he expressed a most fervent attachment; but, as to the question before the House, he observed, that it had been the wise practice

TREATY WITH AMERICA.

The House having resolved itself into a committee to consider the American Treaty Act, Mr. Vansittart said, that there having been a duty imposed in America upon British shipping, it had been thought necesthis country, on American vessels. The sary to impose a countervailing duty, in United States of America had now, however, agreed to take off the duty on their part, if Great-Britain would, on the other hand, abolish the countervailing duty. As, however, the treaty containing this agreement might not arrive in time to allow of an Act of Parliament being passed for the express purpose of abolishing the duty, he thought it would be expedient that his Majesty should be empowered to take it off whenever the treaty did arrive. He therebe directed to move the House for leave fore moved, "That the chairman should "to bring in a bill to enable his Majesty, "for a time to be limited, to cause the «ping to cease."-The committee agreed "Countervailing duty on American ship of our ancestors, to fix the amount of the to the motion, and the House having recivit list, at the beginning of each succes-sumed, the report was ordered to be reme reign, and that such amount ought never to be liable to increase for two reacs, first, because such liability might' greatly influence the king in the choice of bas ministers, and, second, because it might

ceived to-morrow.*

"This is a master-stroke of policy, on the patt of the American Government, which, at a very early period, imitated other nations, in laying such duties

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Thursday, February 18.

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None but private business in the Lords; and, in the Commons, nothing occurred but mere matters of routine, except, that, upon the motion for bringing in a bill for removing the countervailing duties on Ame rican shipping, Gen. Gascoyne said, that he wished the bill not to be hurried through the House, as he wanted time to make some previous enquiry on the subject. Leave was given to bring in the bill, but, at the same time an order was moved for, and granted, to lay before the House, accounts relative to the shipping from America, for some years past.

PUBLIC PAPERS.

Madrid, January 12, 1802. Circular Letter to the Ministers of Finance, and the Directors of the Customs.

"His Majesty having ordered that in "the Royal Custom-House, Merchandizes, "being the manufacture of the North and "the Pas de Calais, shall not be acknow"ledged as such, unless accompanied by "an original certificate, signed by the Commissary of Foreign Commerce in the said Departments, or by the Under Com

66

missary, and sealed with the arms o "Spain; I have given the proper order "to the Directors of the Royal Customs "in conformity to these orders of his Ma "jesty, to prevent in future any other Merchan "dizes than those of France, from enjoying th "same advantages on their importation in " Spain.

You will give the greatest publicity t "this order, in order that such Merchan "dizes, on their arrival in Spain, shall no "experience any difficulty in their intr duction into the Kingdom, for want "being accompanied by the proper Ce "tificates.

(Signed) "Miguel Cayetano Soler."

This regulation, which has been adopted fro compulsion, will be extremely injurious to Spain but, it will be injurious to England also, and w essentially promote the interests, and gratify the m lice, of France. When the people of Norwic whose goods, even during the war, found their w to Spain; when these people were dragging abo the mail-coach which brought them the news of t peace, they little imagined, that that peace would productive of regulations such as are here announc to the world. While the war lasted, it was out the power of France to profit from the abje servitude of Spain, in this way. Belgium and t North of France were not in a state to invite the en ployment of capital in reviving their manufacture but now they are in that state; and therefore Fran extorts from Spain an exclusive right of supplyi her with those articles which Belgium and the Nor of France are capable of producing, and which, left to a fair and unrestrained competition, Engla would still supply, as she hitherto has done.

This is what was foretold at the moment of the pu lication of the ominous Preliminaries of Peace; we have, as yet, seen but a small part of those co mercial regulations, which France has prepared for t abject powers of Europe. From all the states of Ita she will exact the same, or similar, terms. S will prohibit the exportation of Spanish wool to E gland, and she will also prohibit the exportation raw-silk from Italy to England. She will draw chain round the Continent, from the Baltic to

therewith, as completely as she cuts us off from communication with one of her interior depa

as would discriminate between American and foreign tonnage. This measure tended to promote an increase in the shipping of America, which had not shipping at that time, adequate to the carrying of one half of her produce to the foreign market. Other nations, particularly Great Britain, feeling the fatal effects of the success of this regulation, enacted such countervailing laws, and imposed such duties on American tonnage, and on goods imparted in American bottoms, as effectually removed the evil. The shipping of America had, however, greatly increased, during peace, and, during the war, though new countervailing duties had been laid by Great Britain, the American ships, which were not subject to the high war-insurance, increased in an astonish-Gulph of Venice, and cut off our communicat. ing degree. America, having now no need of more shipping, and having, indeed, a superabundance of it, she perceives, that Great Britain (who will also -How want employment for a vast portion of her inThe consequence of these measures will be, creased tonnage) will be able to land American rapid decline in our manufactures of every sort. goods in Europe as cheap as herself, unless these is said, by men, who are too lazy to think, or t countervailing duties are taken off; she, therefore, cowardly to look danger in the faces that other now does away her discriminations, and calls upon tions will have our manufactures, some home or oth as to remove our countervailing duties, leaving the They will, indeed, have manufactures of the s avigation of the two countries to a rivalship in cheap-sort, and if the French cannot make them, Engh ness of freight, in which she is sure to surpass us. men and English capital will go to the dominions Never, from the day that our countervailing duties France for that purpose. cease, will there be a single shipment, from AmeBut, it will be asked, why did not France forme Fica to Europe, in a British bottom. The spirit, if injure us in this way? Simply, because she cou not the letter, of our treaty with America, (vide not; because she dared not; because the powers Porcupine's Works, vol. ii. p. 251) obliges us to pass the law now proposed; but, what becomes of Europe were independent; and because she wo have had to fight us, if she had attempted to the calculations of Sir Frederick M. Eden, respectingclude our goods from any port in Europe, except an increase of navigation to the American States?

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Report of the Secretary of the Treasury of the United States of America, laid before Congress, on the 24th of December, 1801.

without material error, be considered as the receipts of three distinct years, four years and a half distant from the other, viz.

30th March, 1797 30th Sept. 1801

The permanent revenues of the United States, according to the laws now in force, For the year ending 30th Sept. 1792 Lonsist of:-ist, Duties on merchandize and tonnage. 2d. Internal duties on stills ad domestic distilled spirits, refined sugar, Renses to retailers, sales at auction, and pleasurable carriages. 3d. Proceeds of the sales of public lands. 4th. Duties on postc. 5th. Dividends on shares in the bank the United States. 6th. Incidental, ising from fees, fine and penalties, repay meats in the treasury, and sales of public property other than lands.

Duties on Merchandize and Tonnage. The receipts in the Treasury, arising from that source, amounted, for the ending on the 30th September, 1801, to dollars 10,126,213,92; but, calculating up

year

ca a considerable diminution in the prodice of the imports, in consequence of the European peace, the Secretary makes his calculations upon averages drawn from the produce of former years. He divides the preceding nine years into two distinct pehods; the first, from the first day of Jan. 1790, on the 31st day of Dec. 1792, inclades the three years which immediately preceded the European maritime war; the cond includes the six first years of that war, ziz: from the commencement of 1795, to the close of 1798. In order to obtain a distinct view, for each of these two periods, of the annual average revenue which at the rate of the present duties, would have accrued thereon, he shews that the nett annual revenue, which would, at the present rate of daties, have accrued during each of those two periods, amounts to an average, for the years 1790 to 1792, to 6,163,000 Collars: and for the years 1793 to 1798, to &,350,000 dollars. These sums constitute, ot the receipts in the Treasury, but the revenue which would have accrued during the respective years to which they refer. The first may be considered as the revenue xruing during the year 1791; the last as that accruing during the year, ending 30th June, 1796; and as on account of the creat given for the payment of duties, the revenue accruing during one year, constitutes nearly the receipts of the year ending Line months later, those two sums, and the receipts of the year ending on the 30th 0: September, 1801, as above stated, may,

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The ratio of increase during the whole period of nine years, exceeds seventy per cent. whilst that of population, during the same time, was hardly more than thirty per cent.

The ratio of increase during the first period of four years and a half, is near 351 per cent. and during the last more than 25 per cent.; whilst that of population, for each period, was only at the rate of 14 per cent. The greater ratio of increase during the first, than during the last period of four years and a half, is owing to the comparison, in the first, being between a period of European peace, and a period of European war, and the last, between two periods of European war.

The ratio of increase of population, being ascertained by the census to be at the rate of 34 per cent. for ten years; if the increase of consumption shall be supported to he hereafter precisely the same as that of po. pulation, the annual receipts of the eight years, 1802-1809, may be estimated as nearly fifty per cent. greater than those of the years 1790-1792, or at a sum of near 9,250,000 dollars, it that period be assumed as the basis on which to predicate the estimate. But if the calculation shall be grounded on the revenue of the years 1793-1798, the annual receipts of the years 1802-1809 should be estimated as about 30 per cent. greater than those of that period, or at about 10,900,000 dollars.

It seems that those two respective sums may reasonably be considered as the two extremes, which the average annual receipts of the eight ensuing years will not exceed. The first calculation of 9,250,000 dollars, appears to be below the probable result, since, being predicated on the consumption of the three years preceding the European maritime war, without any other addition than that resulting from the ascertained increase of population, it rests on the supposition, that the permanent wealth of the United States has not, during that war, increased in any greater proportion than their population; and that the whole of the external commerce acquired daring the

same period, must necessarily be lost by the return of peace amongst foreign na

tions.

Although, therefore, it be presumable that the receipts of some of these years will, from temporary causes, fall below that sun, it is believed that, taking the whole period of eight years, the duties on merchandize and tonnage may safely be averaged at a sum not less than 9,500,000 dollars.

Permanent Internal Duties.

The annual statement prepared by the commissioner of the revenue, and which will be completed in a few days, precludes the necessity of exhibiting here all the details pertaining to this branch of revenue

The statement [M] is an abstract of its amount for the year 1800, during which the duties on spirits and stills, refined sugars, licenses to retailers, sales at auction, and pleasurable carriages, produced a nett sum of 576,881 dollars and 80 cents. The duties on stamps, which, as under the existing laws they will cease after the 4th day of March, 1803, are not included amongst the permanent revenues, amounted for the same year to 209,853 dollars and 32 cents; both together constitute an item of dollars 786,742 12-100ths.

The receipts in the Treasury from all the internal revenues, have amounted for the year ending on the 30th September, 1801, to 919,719 dollars and 16 cents: deducting from this sum, 65,000 dollars, being the estimated amount of drawbacks, paid during that year, out of the proceeds of the external revenues, on the exportation of domestic distilled spirits and refined sugar, leaves a net sum of about 854,000 dollars, and an increase of near 70,000 dollars beyond the revenue of 1800.

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The estimates of appropriations for the ensuing year, amounting to 3,448,147 do lars 18 cents, include all the expenses government, other than those in relatio to the public debt, with the exception those incident to the intercourse with th Barbary powers, estimated after the e suing year, by the Secretary of State, 70,000 dollars; of those which may be curred for the purchase of arms, estimate by the Secretary of War at 55,000 dollars and of a part of the Indian annuities, mounting to 11,000 dollars: these ite having been omitted in the estimates the ensuing year, because the balances unexpended appropriations have been co sidered as suflicient for those objects the Secretaries of State and War, respe tively. On the other hand, a sum of bout 70,000 dollars, in relation to t census and quarantine laws, which is i cluded in those estimates, is a temporal expense.

The particular sums which, under e isting laws, seem necessary to defray eas particular authorized expense, being d tailed in the annual estimates, will not

repeated here; and it appears sufficiented, on the first January, 18or, to 80, 161,207 to recapitulate. the gross amount of the dollars and 60 cents. general heads of expenditure, viz:

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This sum, deducted from the estimated revenue of ten millions and six hundred agusand dollars, leaves a sum of seven milions and one hundred thousand dollars, anually applicable to the payment of inrest, and redemption of the principal of the public debt..

It must be further observed, that the wims assigned to each head of expenditare, being deduced from the estimates of appropriations necessary for the ensuing year; and these have been calculated bere the re-establishment of peace in Europe was known, they are predicated for every Nem which relates to supplies on the then existing prices. A considerable redaction will take place in every item which depends on the price of provisions, freight, transportation, and even wages. Although the saving thence, arising cannot yet be correctly ascertained, it may not be estimated at less than 200,000 dollars annually. It is therefore believed, that after defrayng every expense necessary to support every civil, military, or naval establishment, to the extent now authorized by hw; the annual surplus applicable to the debt, may be confidently estimated at seven millions and three hundred thousand

dollars.

From another statement it appears that the unredeemed principal will, on the 1st January, 1802, amount to 77,381.890 dollars and 29 cents; the difference of 2,279,317 dollars and 31 cents being the amount of principal paid during the year 1801. 1

During the same year 1801, more than eight hundred thousand dollars shall have been remitted to Holland, in part of the interest and instalments on the Dutch debt, falling due next year, which sum is not included in the amount of principal, thus stated to have been paid during the present year. The sums which, on the 1st Janu ary, 1801, had been remitted to Holland, in part of the interest and instalments due in the course of this year, and which were not deducted from the amount of publiè debt on the 1st January, 1801, did not exceed five hundred thousand dollars. The amount of debt actually paid, or for the payment of which provision shall have bech made during the present year, will not therefore be less than two millions five hundred thousand dollars. And it is believed, though it cannot at present be precisely ascertained, that the balance of specie in the treasury, which, on the 1st January, 1801, was 2,557,895 dollars and 38 cents, will not be diminished on the rst January, 1802.

the 30th day of September last, the amount The treasury accounts being settled: to of public debt paid during the half year, commencing on the first of April, and ending on the 30th September, Son, well the commencement, and end of that period, as the comparative view of the treasury at may be precisely stated.

He next exhibits the amount of the unredeemed principal of the public debt as it The payments in part of the principal will be on the first of January, next, and of of the debt, made during those six months, the annual interest and charges payable exclusively of certain parts of the unfundthereon, including the annual reimburse-ed debt, which have been reimbursed, have

ment on the six per cent. and deferred stocks. By the printed statements of recepts and expenditures for the year 1800, transmitted to Congress the first week of the present session, it appears, that the enredeemed principal of the public debt exclusively of the sums passed to the credit of the commissioners of the sinking fand, which are only a nominal debt due by the United States to themselves and after deducting the reimbursemnnt of the principal of the six per cent. stock, operat ed by the annual payment of 8 per cent, on the nominal amount of that stock) amount

been.

1st. To the commissioners of the Dol. Cents. sinking fund, and to be by them applied, on the first of January, next, to the reimbursement of the six per cent. stock

2d. To the bank of the United States, on account of the principák of sundry temporary loans, formerly obtained from that institution

3d. For remittances to Holland, on

account of the Dutch debt, 782,665 dollars and 79 cents'; from which deducting 243,980 dollars and 50 cents being the " interest and commissions for one

129,048.83

500,000

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