clufion of the war, if the produce in future years should amount to 7,000,000l. the total annual expenditure may be eftimated at about 33,000,000l. including therein the faid fum of 7,000,000l. applicable annually (over and above all other fums in the hands of the commiffioners) to the reduction of debt. 21. That the amount of 3 per cent. ftock, created in the years 1798, 1799, and 1800, and of which the intereft is to be defrayed, and the principal to be redeemed by the tax on income, is 56,445,000l. 22. That, fuppofing the war to end with the year 1800, the 3 per cent. ftock to remain on an average of three years after peace at 801. and the tax on income to produce 7,000,000l. per annum, the capital ftock of 56,445,000l. together with the intereft payable thereon, would be redeemed in the year 1808. An Account of the total Produce of the Tax upon Income, for the Year ending the 5th of April, 1800, as far as the fame can be made up and eftimated; diftinguishing the Amount, in confequence of Assessments by the Commercial Commiffioners. Amount of Affeffments as far as the fame can be made up from complete Returns received, viz. By commiffioners for general purposes, and commiffioners of appeal By commercial commiffioners s. d. 4,426,047 4 10 1,175,577 14 6 5,601,624 19 4 The Amount of Affeffiments in Districts, from which complete Returns have not been received, may be estimated as follows, viz. By commiffioners for general purposes, and commiffioners of appeal, from 140,000l. to 150,000l. By commercial commiffioners, from 40,000l. to 50,000l. * By amount of voluntary contributions received between the 1ft of January, 1799, and the 1ft of January, 1800, about 255,000l. Office for Taxes, By order of the board, H. Parker. 20th February, 1800. An Account of the total nett Produce of the permanent Taxes for the Year ending the 5th of April, 1800. Totals of customs, excile, ftamps, and incidents, prior to the year 1793 165,042 s. d. 13,465,042 8 4 1,286,119 8 24 Proportionate part of duties on fugar now annually granted *This is the amount of fums actually received within the year; but there is reason to believe it does not include the whole of the amount subscribed. 12 Additional Dedu& Deficiency of the revenues from the territories, &c. Amount fales of imports Amount in which the charges incurred and the interest paid on the debts have exceeded the resources from the territorial revenues and from the fales of imports 1,149,311 542,951 606,400 Amount advanced for purchase of investments, payment of commercial charges, and in aid of China investments: Total of difference of charges and intereft, and of advances for investment 2,113,524 1,224,591 £6,196,733 2,507,594 368,366 9,072,693 4,157,553 2,739,230 1,450,476 8,347,259 725,432 100,920 624,514 915,687 Nett Nett deficiency from the territorial revenues £291,173 Deduct Eftimated amount, fales of imports, &c. 624,727 The difference is the amount eftimated to be applicable in the year 1799-1800 to the purchase of investments, payment of commercial charges, &c. 333,554 Amount of interest payable by the accounts of last year 758,135 915,687 Deduct Increase of affets from increase of debts, the state of the company's affairs in India is worse by 1,626,677 Receipts on the fales of the Company's goods, eftimated at 7,840,528 Actually amounted to 7,209,849 The balance was expected to be against the company at the Making the balance of cafh better than estimated Receipt for fales of company's goods ESTIMATES, 1800-1801. RESULT. In confequence of large payments on account of India and China, and of the intention of liquidating the whole of the debts due to the bank, reckoning only on the produce of fales, on a receipt from government in part of claims, and on the fale of the loyalty loan, the balance is expected to be against the company on the 1ft of March, 1801, DEBTS AT HOME. On the 1ft of March, 1799 565,983 403,322 969,310 6,201,000 368,013 7,103,762 5,830,222 Decrease 1,273,540 Affets at home and afloat on the 1ft of March, 1799 17,119,628 16,185,950 Decrease 933,678 Deducting |