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Gazette Of The United States & Evening Advertiser
Philadelphia, Philadelphia County, Pennsylvania
What is this article about?
Mr. Pitt's speech on British budget estimates for the second year of the war (1793), detailing troop numbers (250,000 total), naval and army augmentations, and financial provisions totaling nearly 20 million pounds, funded by taxes, loans, and exchequer bills.
Merged-components note: Tables and text are all parts of the same article detailing Mr. Pitt's budget estimates and war expenses for Britain; merged and relabeled tables to foreign_news.
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| General service of the navy, Ordinaries, Extraordinaries, | 4,420,000 558,000 547,000 |
| Total amount of the navy, | 5,525,900 |
| A R M Y. General service, Foreign troops, Extraordinaries for 1793, | 4,362,000 1,169,000 808,000 |
| ORD NANCE. | |
| Ordinaries, | 324,000 |
| Extraordinaries, | 377,000 |
| Debt incurred last year, & unfunded | 643,000 |
| Total of the Ordinance. | 1,245,000 |
| Total amount of Navy, Army, and Ordnance, | 13,209,000 |
| Miscellaneous Services | 206,000 |
| Deficiencies in Grants | 474,000 |
| Ditto in Land and Malt tax | 350,000 |
| Additional sum to the commissioners for discharging the National debt | 200,000 |
| Exchequer bills | 5,500,000 |
From Mr. Pitt, the British Minister's speech at opening the Budget or estimates of supplies of men and money for the service of the current year—it appears, that out of 85,000 seamen voted for the second year of the war, 75,000 of that number have been raised and mustered. The augmentation of the land forces amounts to 30,000 men—30,000 more are to be raised—the total vote makes the troops of that country, including fencibles and militia to amount to 140,000 men—the foreign troops in the British service amount to between 30 and 40 thousand.
The whole force by land and sea, to be employed in the prosecution of the war amounts to 250,000 men—here follow the estimates.
Total amount of the army estimate 6,339,000
Total amount to be provided for 19,939,000
19,947,000
The produce of the taxes for the year, ending the 5th January, 1794, amounts to 13,941,000l. this is something less than the produce of the year 1792, which was a year of extraordinary prosperity, and after a continuance of peace for nine years. But, for his calculation for the present year, Mr. Pitt takes, as upon a former occasion, an average of four years, by which it appears that the amount of the taxes for the next year, or the growing produce of
The Sinking Fund, amounts to: 13,914,000
Charges on funded debt ..11,391,000
Interest and charges, on the loan . v :. for Spanish armament. : ',-- 250,000
Taxes which were laid on account : : of this armament; and will soon ji .. .expire 156,000
Tot. charge on consolidated fund 11,797,000
Which left the growing produce, . from 19th April 1793, to 5th : z .: April 1794 ..: : 2,197,000
He then proceeds to state the extraordinary expenses of the present year above the peace establishment:
Excess in the navy 3,520,000
Ditto army 4,592,000
Ditto ordnance : 170,000
Ditto miscellanies. : 970,000
Extraordinaries ,2,000,000
11,252,000
| WAYS AND MEANS. | |
| Malt tax | 2,750,000 |
| Exchequer bills | 3,500,000 |
| Growing produce of taxes, after answering charges of consoli- dated fund | 2,197,000 |
| From the East India Company Loan | 500,000 |
| 11,000,000 |
What sub-type of article is it?
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Where did it happen?
Foreign News Details
Primary Location
Britain
Event Date
1793
Key Persons
Outcome
total force by land and sea: 250,000 men; total amount to be provided for: 19,947,000; funded by taxes producing 13,941,000l. ending 5th january 1794, loans, and exchequer bills.
Event Details
Mr. Pitt's speech details estimates for the second year of the war: 75,000 of 85,000 seamen raised; land forces augmented by 30,000 with 30,000 more to raise, totaling 140,000 including fencibles and militia; 30-40,000 foreign troops; navy estimates 5,525,900; army 6,339,000; ordnance 1,245,000; miscellaneous and deficiencies adding to total provisions of 19,947,000; ways and means include malt tax 2,750,000, exchequer bills 3,500,000, growing produce 2,197,000, East India loan 500,000.