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In consequence of the difficulties that will naturally arise from
The Nos. are published in sufficiently rapid suecession to allow
THE RIGHT HONORABLE
THE CHANCELLOR OF THE EXCHEQUER
THE FINANCE RESOLUTIONS FOR THE YEAR 1819.
The House having resolved itself into a Committee on the Reports of the Finance Committee, the ChanCELLOR of the EXCHEQUER rose and observed, that when the financial arrangements of the year were brought before the House, it was usual to enter into some general statement of the situation of the country with respect to its revenue and resources; but that in the present session, of which so great a part had been occupied in most important investigations connected with these subjects, he thought it would be desirable to take a more extended view of them. He had endeavoured in the Finance Resolutions, which on a former night he had introduced, for the purpose of being printed, to lay the subject before them in a short and perspicuous manner, avoiding altogether those technical expressions which might interfere with a clear understanding of the general result. He had avoided any particular reference to the Consolidated Fund and other appropriations of the revenue, as the great and leading question was, whether the public Income, considered in a collected view, was answerable to the Expenditure. The Finance Committee, whose labors the House must highly appreciate, had addressed themselves to the question in the same conprehensive view; and it was on their Reports these Resolutions, which he had the honor to propose, were fouņded. The first Resolution stated, that since the termination of the war in 1815, Taxes in Great Britain and Ireland, which yielded a revenue of upwards of