The History of England in Three Volumes, Vol.III. / From the Accession of George III. to the Twenty-Third Year of the Reign of Queen Victoria, Volume 2 Papyras Classics

← The History of England in Three Volumes, Vol.III. / From the Accession of George III. to the Twenty-Third Year of the Reign of Queen Victoria, Volume 2

Chapter 367

Financial Statements

The budget was introduced on the 31st of March. The supplies demanded were £72,000,000 out of which England and Scotland were to furnish £8,500,000. This was a larger amount than had been voted in any preceding year, but as the American war promised to be expensive, and as it was generally felt that we should put forth all our strength in order to finish the contest in Spain, and prolong our aid to Russia, &c., all the estimates were voted by large majorities. Among the ways and means were taxes to the amount of £21,000,000; a fresh loan to the same amount and a vote of credit for £6,000,000.