ページの画像
PDF
ePub
[graphic]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]

21 Mar

[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]
[blocks in formation]
[blocks in formation]
[subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][merged small][subsumed][subsumed][merged small][merged small][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][ocr errors][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed]
[subsumed][subsumed][subsumed][subsumed][ocr errors]
[ocr errors]
[blocks in formation]
[blocks in formation]

7 Apri

[blocks in formation]
[graphic][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][merged small][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][ocr errors][merged small][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed]
[merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][ocr errors][merged small][ocr errors][merged small][merged small][ocr errors][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][ocr errors]
[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]

REPORT FROM THE SELECT COMMITTEE

UPON THE ELEVENTH NAVAL REPORT,

one hand, and the balance which may then remain unexhausted of the sum granted for

&c. Ordered to be printed 24th June 1805. the naval supplies of that year, on the other

hand; and the comptroller of the navy, at the end of that month, communicates the particulars and result of this comparison to the treasury; in order, in case such balance should appear to fall short of the necessary or expected disbursements, that means may be used for making good the deficiency.About this period of the year 1800, it ap

the grants for naval services for that year, amounted only to 3,433,0231.; and it was computed that the demands outstanding, or to accrue before the end of the year, would

The Select Committee to whom the Eleventh Report of the commissioners of Naval Enquiry respecting, The issue of navy bills for the purpose of raising money; loss arising from the mode of paying the interest on navy and transport bills; and money imprested by the navy board for secret naval services (except so far as the same re-peared that the sums remaining unapplied of lates to circumstances connected with the issue of 100,000l. for secret naval services) was referred ;-have agreed upon the following report. YOUR committee have taken into consid-probably amount to an excess beyond that eration the matters in the eleventh report of the commissioners of naval enquiry, referred to them, in the order in which they are stated in the report; and have called for and examined such persons and documen's, as they thought necessary for the elucidation of the transactions, concerning which it was their duty to report to the house. They insert in the minutes and appendix hereunto annexed, the whole of the parole evidence given before them, including, both the questions put to the persons examined, and their answers, and also, copies of such written documents laid before them, as seemed material for the consideration of the house. In submitting this body of evidence to the house, it seems to them that they discharge, in the most effectual and satisfactory manner, the most essential part of their duty; but they have also thought it proper to introduce that evi. dence with the following statement, relative to the three heads of investigation contained in the said report of the commissioners of naval enquiry.

66

--

I. With regard to the first head, intituled in the eleventh report, issue of navy bills for the purpose of raising money:" It appears that the supplies granted by parliament for the service of the navy in the beginning of the year 1800, founded on the usual estimates, amounted to the sum of 13,256,5791. 138. Id. and in the beginning of 101 to the sum of 16,429,5371. os. 2d.—It is the custom of the navy board to collect, from the different departments to which the expenditure for naval services belongs, about the month of September in each year, materials for the purpose of enabling them, by accounts of the outstanding demands, and computations of the farther expences likely to be incurred during the remaining part of the year, to form a comparison between the aggregate amount of such outstanding demands, and of those likely to accrue, on the

sum, of 2,500,000l. The excess, in fact, did amount to 1,522,5891. 6s. 10.-A considerable part of the outstanding demands of course consisted of navy bills, which, under the law as it now stands, are made payable ninety-days after their date. Of the accruing demands, many were such as must be paid for in ready money. If the remaining balance of the naval supplies of the year had been applied to pay off the navy bills then becoming due, there would not have been cash left for the necessary payments in readymoney.-Parliament was not then sitting. It had been prorogued on the 29th of July to the 7th of October, and on that day to the 11th of November, when it met for the dispatch of business.-If application had, then been made to the house of commons for a new grant in aid of the deficiency in question, the money could only have been obtained by a loan, or by the issue of exchequer bills une der a vote of credit.-It appears that the regulation established under the act of the 37th Geo. III. c. 26. limiting the term of payment of navy bills to ninety days*, had been adopted with a view to remedy the great disadvantage which had accrued to the public during the later period of the time, when their term of payment was fifteen months, i under the previous act of 43 Geo. III. c. 21.; for at that period, owing to the great augmentation of our naval expenditure, those bills having been issued to a very large extent, had been depreciated so much that they could not be discounted, or converted into cash, without a loss sometimes of 14. per cent. or more. The fifteen-months bills bore an interest of only 41, per cent.-This evil ·

*Note: The limit in the act is three calendar months; but, probably for he sake of uniformity, the hills have always been made payable at ninety days.

[ocr errors]
« 前へ次へ »