Treasury Warrants: June 1717, 1-5

Calendar of Treasury Books, Volume 31, 1717. Originally published by Her Majesty's Stationery Office, London, 1960.

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'Treasury Warrants: June 1717, 1-5', in Calendar of Treasury Books, Volume 31, 1717, (London, 1960) pp. 322-365. British History Online https://www.british-history.ac.uk/cal-treasury-books/vol31/pp322-365 [accessed 27 April 2024]

June 1717, 1–5

June 1. Interim report, dated Scotland Yard, from the Commissioners of the Equivalent (the Commissioners appointed pursuant to an Act of the present Parliament entituled an Act [1 Geo. I, St. 2, c. 27] for taking and stating the Debts due and growing due to Scotland by way of Equivalent in the terms of the Union).
The said report is signed by John Selwyn, Hen. Cartwright, S[tephen] Blisse, John Baird, Pat Campbell and John Forbes as Commissioners and attested by Daniel Campbell, [their] accomptant.
In answer to their precepts they have not yet obtained all the accounts required by reason of the difficulties thereof. The Commissioners set out the Agreements relating to the Equivalent as in clauses 6, 10, 11, 12, 13 and 15 of the Treaty of Union providing for the payment to Scotland of the sum of 398,085l. 10s. 0d. as the Equivalent to her at and before the Union for such parts of her Customs and Excise as will be applicable to the payments of the debts of England contracted before the Union; the said sum being calculated according to the proportion which the then “present” Customs of Scotland (being 30,000l. per an.) bear to the like Customs of England (being 1,341,559l. per an.) and the proportion which the Excise of Scotland (being 33,500l. per an.) bears to the like Excise of England (being 947,602l. per an.): and that after the Union an account be kept (as no estimate can be made thereof beforehand) in order to determine a proportionable Equivalent to Scotland under her liability to the same Customs and Excise as an Equivalent for such proportion of the increase of the Customs and Excise as shall be applicable to the payment of the debts of England: the said Equivalent to be answered to Scotland for seven years.
The Commissioners then enumerate the accounts (of revenue and debt as at 6 May 1706, and of Customs and Excise as at Mich. 1705, and the proportions or ratios thereof) as subjoined to the minutes of the Treaty of Union, see infra, pp. 345–9.
The Commissioners then subjoin accounts as follows to show what has happened since the Union.
(1) [of the Equivalent of 398,085l. 10s. 0d. how calculated and paid: on a three yearly average]:
CUSTOMS
England Scotland Equivalent paid
£ s. d. £ s. d.
New Subsidy, 1 Anne [the grant of Tonnage and Poundage for Queen Anne's life as by 1 Anne, c. 1] 253,514 0 0 not appropriated for debts 5,669 0 0
25 per cent. on French goods [as by 7–8 Wm. III, c. 20] 10,794 0 0 not appropriated for debts 241 9 4½
Coinage Duty for the Mint [as by 18 Car. II., c. 5, [continued by 12–13 Wm. III., c. 11] 7,350 0 0 not appropriated for debts 164 8 5½
4½ per cent. Duty 6,459 0 0 not appropriated for debts 144 9 9¾
Plantation Duty made perpetual [as by 25 Car. II., c. 7] 877 0 0 not appropriated for debts 19 12 4¼
Tonnage and Poundage 12 Car. II [c. 4 and continued by the two Deficiencies Acts of 8–9 Wm. III. and 1 Anne, c. 7, to 1 Aug. 1710]. 292,139 0 0 appropriated for payment of debts [up to] 1 Aug. 1710 6,532 15 4½ 47,506 0 0
Wine and Vinegar [as by 1 James II., c. 3, and continued as above] 113,918 0 0 appropriated for debts ut supra 2,547 8 4¼ 47,506 0 0
Tobacco [as by 1 James II, c. 4, and continued as above] 100,338 0 0 appropriated for debts ut supra 2,243 14 10¾ 47,506 0 0
East India goods [as by 2 Wm. and Mary, Sess. 2, c. 4, and continued as above] 150,889 0 0 appropriated for debts ut supra 3,374 7 7½ 47,506 0 0
Additional Impositions 1692–3 [as by 4–5 Wm. and Mary, c. 5, and continued as above] 38,548 0 0 appropriated for debts ut supra 862 0 1 47,506 0 0
Whale fins [as by 9 Wm. III., c. 45, and continued to 1 Aug. 1710 by the Deficiencies Act of 1 Anne, c. 7] 10,629 0 0 appropriated for debts ut supra 237 13 8 47,506 0 0
Coffee, new and additional, continued to 24 June 1710 [as by 3–4 Anne, c. 18] 116,475 0 0 appropriated for debts ut supra 2,605 0 0 7,577 0 0
Two Thirds additional Tonnage and Poundage 3 Anne, [3–4 Anne, c. 3], continued to 30 Sept. 1710 160,000 0 0 appropriated for debts ut supra 3,578 0 0 11,251 0 0
One Third Tonnage and Poundage 4 Anne, continued for 98 years [as granted by 2–3 Anne, c. 18, and continued by 4–5 Anne, c. 18, for 98 years] 79,619 0 0 appropriated for debts ut supra 1,780 0 0 27,145 0 0
estimated at 15¼ years' purchase.
EXCISE
England Scotland Equivalent paid
£ s. d. £ s. d.
Hereditary and Temporary except 3,700l. per week 269,837 0 0 not appropriated for debts 9,539 0 0
Surplus of 9d. Excise for the Bank [as by 5–6 Wm. and Mary, c. 20] 12,634 0 0 not appropriated for debts 446 11 4½
Surplus of 9d. for 99 years [as by 4 Wm. and Mary, c. 3] 17,673 0 0 not appropriated for debts 624 13 6½
Surplus of the Lottery 9d. [as by 5 Wm. and Mary, c. 7]. 55,274 6 0 not appropriated for debts 1,953 15 1
3,700l. per week [as by 12–13 Wm. III., c. 12] 192,400 0 0 appropriated for annuities 6,802 0 0 103,730 10 0
estimated at 15¼ years' purchase.
9d. Excise for 99 years from 25 Jan. 1692–3 [as by 4 Wm. and Mary, c. 3] 132,433 0 0 appropriated for annuities 4,415 0 0 71,003 15 0
at 15¼ years' purchase including 267l. for survivorships, being deemed equivalent to a term of 30 years.
9d. Excise in perpetuity for annuities [the Two Sevenths as by 5–6 Wm. and Mary, c. 20] 137,460 0 0 appropriated for annuities 4,860 0 0 70,865 10 0
estimated at 15¼ years' purchase for perpetuity, 12 years for 3 lives, 11 years for 2 lives.
the Lottery 9d.[as by 5 Wm. and Mary, c. 7] 104,623 14 0 appropriated for annuities 3,699 0 0 56,409 15 0
estimated at 15¼ years' purchase.
Low Wines [as by 12–13 Wm. III, c. 11], continued to 24 June 1710 [by 3–4 Anne, c. 18] 25,267 0 0 appropriated for annuities 893 0 0 2,597 0 0
estimated at 3¼ years' purchase.
Customs total 1,341,559 0 0 30,000 0 0 93,479 0 0
Excise total 947,602 0 0 33,500 0 0 304,606 10 0
—
total equivalent paid
£398,085 10 0
The Commissioners follow the above account by the accounts as follows of what Equivalents and Increase have become due to Scotland from the date of the Union to the 1st May 1714 according to the agreements contained in the said Treaty.
An account of public Funds granted and continued for satisfying the debts incurred for the service of the year 1707 and former Deficiencies from whence an Equivalent has grown due to Scotland.
5 Anne, c. 27, clause 12, for payment of 822,381l. 15s. 6¼d. and interest:
(a) Old Tonnage and Poundage from 1 Aug. 1710 to 1 Aug. 1712.
(b) Wine and Vinegar from 1 Aug. 1710 to 1 Aug. 1712.
(c) Tobacco from 1 Aug. 1710 to 1 Aug. 1712.
(d) 1690 Impositions from 1 Aug. 1710 to 1 Aug. 1712.
(e) 1692–3 Impositions from 1 Aug. 1710 to 1 Aug. 1712.
(f) Whale fins from 1 Aug. 1710 to 1 Aug. 1712.
6 Anne, c. 22, clause 4, for securing the moneys unsatisfied for the loans on 3–4 Anne [c. 3]:
(g) Two Thirds Subsidy from 8 March 1708–9 to 8 March 1711–12.
(h) Coffee, New and New Additional, from 23 June 1710 to 24 June 1714.
5 Anne, c. 19, for payment of an annuity of 72,187l. 10s. 0d. on Contribution money of 1,155,000l.:
(i) Low wines for 96 years from 23 June 1710.
(j) Surplus of the Lottery 9d. for 99 years.
(k) Surplus of the Bank 9d. and of the 9d. for 99 years to 29 Sept. 1710.
5 Anne, c. 13, for circulating 1,500,000l. Exchequer Bills:
(l) Duty on Houses continued, from 1 Aug. 1710 for ever.
(2) Value of the Customs of Scotland as proportioned to the Customs of England [the Equivalent due thereon corresponding to the above sub-heads and for the continuation periods respectively enumerated above].
(a) 13,065l. 10s. 9d.
(b) 5,094l. 16s. 8½d.
(c) 4,487l. 9s. 9½d.
(d) 6,748l. 15s. 3d.
(e) 1,724l. 0s. 2d.
(f) 475l. 7s. 4d.
(g) 5,146l. 8s. 9d.
(h) 10,034l. 12s. 0½d.
Memorandum: This account of the Equivalents due upon the above Branches of the Customs proceeds upon the supposition that the Customs had yielded annually 30,000l. which was not the case. For the reason hereof see under account p. 340 infra.
(3) The value of the parts of the Excise of Scotland as proportioned to the Branches of the Excise of England for the respective times of the continuance.
£ s. d.
Low Wines from 24 June 1710 to 1 May 1714 3,439 17 8¼
Surplus of the Lottery 9d. from 1 May 1707 to 1 May 1714 13,676 5 3½
Surplus of the Bank 9d. from 1 May 1707 to 1 May 1710 1,524 9 0¼
Surplus of the 99 years 9d. from 1 May 1707 to 29 Sept. 1710 2,132 9 2
The common interest which would have arisen upon the sums stated in this account at the 1 May 1714 according to the directions of the Act of 6 Anne [c. 51] (“for further directing the payment of the Equivalent money”) will amount to 3,906l. 17s. 9d.
Accounts of the application of the moneys levied in Great Britain in the several years since the Union distinguishing the parts which have been applied for payment of the debts of England incurred before the Union.
(4) Public Funds granted and continued for satisfying the debts incurred for the service of the year 1708.
6 Anne, c. 5, for repaying 640,000l. loans.
6 Anne, c. 11, for paying 1,280,000l.
6 Anne, c. 17, to raise 1,200,000l.
6 Anne, c. 19, for paying 729,067l. 15s. 6¾d.
Moneys levied and paid into the Exchequer for the service of the year 1708.
£ s. d.
on the eleventh 4s. Aid 1,902,942 13 3
on Malt 458,241 4 2
on Contributions for 40,000l. per an. 640,000 0 0
on Contributions for 80,000l. per an. 1,280,000 0 0
East India Co. united Stock payments 1,200,000 0 0
loans on Half Subsidy 729,067 15 6¾
—
total £6,210,251 12 11¾
Parts of the above Supply applied for the debts of England incurred before the Union.
£ s. d.
Deficiencies and unsatisfied loans on Malt 1706 transferred to Malt 1708 (principal and interest) 101,716 16 1
Extraordinary subsidy to the Duke of Savoy for Expedition to Toulon 1707 in part of an order for 100,000l. 54,092 13 1
for circulating old Exchequer Bills 3,052 6 4
interest on unsatisfied debentures on Irish Forfeitures 60,334 19 6¼
paid to the Landgrave of Hesse Cassel due 1707 22,957 2 0
charges of fortification of Gibraltar in 1706 12,284 19 8½
part of the Navy debt due before the Union chargeable on this year 848,028 10 6¼
part of the Ordnance Office debt charged upon this year 31,661 13 5
part of the Transport debt incurred before the Union [and charged] on this year 88,737 7 11½
—
£1,222,866 8 7½
The proportion of the moneys levied anno 1708 to the pre-Union debts of England paid thereout is one to five and a fraction.
(5) Public funds granted and continued for satisfying the debts incurred for the service of the year 1709.
7 Anne, c. 7, for circulating 2,500,000l. in Exchequer Bills.
7 Anne, c. 8, clause 6, for circulating 400,000l. in Exchequer Bills.
ditto clause 10 for paying principal and interest of 645,000l.
Moneys levied and paid into the Exchequer for the service of the year 1709.
£ s. d.
the twelfth 4s. Aid 1,808,499 0 3½
Malt 460,808 4 2¾
paid by the Bank upon the fund of their former stock 400,000 0 0
Exchequer Bills issued under the Bank Stock Enlarging Act 2,900,000 0 0
loans on the Act for Continuing several Impositions 645,000 0 0
—
£6,314,307 4 6½
The parts of the above Supply applied for the debts of England incurred before the Union.
£ s. d.
the Deficiency of the Land Tax in 1700, 1701 and 1703 (principal and interest) 32,124 4 5
the Deficiency of Malt 1707 transferred to Malt 1709 (principal and interest) 138,581 12 0
paid for Circulating old Exchequer Bills 2,955 6 6
paid the interest of unsatisfied Debentures on the Irish Forfeitures 49,310 4 10½
part of the Navy debts due before the Union chargeable on this year 848,028 10 6¼
part of the [pre-Union] Ordnance Office debt chargeable on this year 31,661 13 5
part of the Transport debt incurred before the Union [chargeable] on this year 82,676 19 4
—
£1,185,338 11 0¾
The proportion for this year is one to five and a fraction as to the year 1708.
Public Funds granted and continued for satisfying the debts incurred for the service of the year 1710.
items of Duties &c., detailed, in Act 8 Anne, c. 10, and for payment of an Annuity of 135,000l. per an. Lottery Contributions.
ditto in 8 Anne, c. 7 [c. 12 in Statutes of the Realm], for payment of an annuity of 81,000l. per an. for 900,000l. Contributions.
ditto in 8 Anne, c. 9 [c. 5 in Statutes of the Realm], for payment of 500,000l. ditto in 8 Anne, c. 13 [c. 14 in Statutes of the Realm], for payment of 1,296,552l. 9s. 11¾d.
Moneys levied and paid into the Exchequer for the service of the year 1710.
£ s. d.
on the thirteenth 4s. Aid [as by 8 Anne, c. 1] 1,986,401 7 2
on Malt [as by 8 Anne, c. 2] 505,138 14 9¼
Contributions on the Lottery 1710 [as by 8 Anne, c. 10] 1,500,000 0 0
Contributions for Annuities at 9 per cent. [8 Anne, c. 12] 899,975 0 1
Loans on Candles [8 Anne, c. 5] 500,000 0 0
The loans on the Act [8 Anne, c. 14] for continuing several Impositions from 31 July 1716 to 1 Aug. 1720 amounting to 1,296,552l. 9s. 11¾d. were afterwards made part of the South Sea Stock and the sum of 1,001,426l. 11s. 1d. of the principal having been subscribed to the South Sea Company the remainder comes to the account of the supplies of this year 295,125 18 10¾
—
£5,686,641 0 11
The parts of the above Supply applied for the Debts of England incurred before the Union are as follows.
£ s. d.
paid the Trustees for Circulating old Exchequer Bills 1,906 2 0
paid interest of unsatisfied Debentures on Irish Forfeitures 49,357 17 2
part of the Debt of the Navy incurred before the Union, chargeable on this year 848,028 10 6¼
part of the debt of the Office of Ordnance chargeable on this year 31,661 13 5
paid in this year of the Transport debt, incurred before the Union 126,860 11 10
—
£1,057,814 14 11¼
The proportion between the moneys levied for the service of this year and the debts of England paid out of the same is one to five and a fraction, the yield of the above Funds in Scotland during their continuance is to be reckoned four fifths for payment of the debts of [Great] Britain [since the Union] and one fifth for payment of the debts of England [before the Union].
Public Funds granted and continued for satisfying the debts incurred for the service of the year 1711.
Items of Duties &c, detailed, in 9 Anne, c. 6, for 135,000l. annuity for Contribution money by way of a Lottery.
ditto in 9 Anne, c. 11 [c. 16 in Statutes of the Realm], for 186,670l. annuity by way of the Class Lottery Contribution money.
ditto in 9 Anne, c. 12 [c. 13 in Statutes of the Realm], for payment of 180,000l. ditto in 9 Anne, c. 21 [c. 15 in Statutes of the Realm], for payment of 9,471,325l. being the South Sea Stock, including 500,000l. added this year and 1,296,552l. 9l. 11¾d. borrowed in 1710 (including Duty on Clerks and Apprentices continued as by 8 Anne, c. 21, § 7 [c. 5 in Statutes of the Realm]).
Moneys levied and paid into the Exchequer for the service of the year 1711.
£ s. d.
on the fourteenth 4s. Aid [as by the Act 9 Anne, c. 1] 1,905,796 14 6
on Malt [continued by 9 Anne, c. 2]. 503,116 17 5¼
Contributions on the Lottery [as by the Act 9 Anne, c. 6] 1,500,000 0 0
Contributions on another Act for a Lottery [as by the Act 9 Anne, c. 16] 2,000,000 0 0
loans on Hop Duty [as by the Act 9 Anne, c 13] 180,000 0 0
—
£6,088,913 11 11¼
Memorandum: the 500,000l. added to the Stock of the South Sea Company for the service of this year comes in with the account of that debt.
The parts of the above Supply applied for the debts of England incurred before the Union are as follows:
£ s. d.
paid on Deficiencies of Land Taxes 1706 and 1707 principal and interest 104,725 6 3
part of the debt of the Navy incurred before the Union chargeable on this year 848,028 10 6¼
—
£952,753 16 9¼
£ s. d.
[out] of the arrears [in the Exchequer] of Funds [leviable] between 1693 and 1701 paid to Mr. Bridges for the [Army] service of this year 710 0 0
[applied] in aid of the interest of the Half Subsidy [as by the Act 6 Anne, c. 73] and [the Fourth General] mortgage 1708 1,793 1 3
—
£2,503 1 3
The proportion between the moneys levied for the service of this year and the debts of England paid out of the same is one to six and a fraction. What any of the above funds have yielded or shall yield in Scotland during their continuance is to be reckoned five sixths for payment of the debts of [Great] Britain [since the Union] and one sixth for payment of the debts of England [before the Union].
Public Funds granted and continued for satisfying the debts incurred for the service of the year 1712.
Items of Duties &c., detailed, in 10 Anne, c. 19 [c. 18 in the Statutes of the Realm], for 168,003l. per an. for a Lottery Contribution.
ditto by 10 Anne, c. 26, for 168,003l. per an. for a Class Lottery Contribution [c. 19 in the Statutes of the Realm].
Moneys levied and paid into the Exchequer for the service of the year 1712.
£ s. d.
on the fifteenth 4s. Aid [as by the Act 10 Anne, c. 1] 1,895,943 4 5
on Malt [as by the Act 10 Anne, c. 7] 561,089 16 9
Contributions for a Lottery [as by the Act 10 Anne, c. 18] 1,800,000 0 0
Contributions for a Class Lottery [as by the Act 10 Anne, c. 19] 1,800,000 0 0
—
£6,057,033 1 2
£ s. d.
Out of the Supplies of this year paid one year's interest to Xmas 1712 to the South Sea Company 546,342 12 9
and a part of the South Sea debts, being English debt incurred before the Union, makes the interest chargeable upon the supplies of this year [as for Great Britain] [blank]
£ s. d.
Payments made out of several arrears [now come into the Exchequer] due in the year 1707 and before.
in aid of the 40,000l. annuities anno 1708 [as by the Act 6 Anne, c. 39]		 940 13 3
in aid of the 80,000l. annuities anno 1708 [as by the Act 6 Anne, c. 48] 5,168 6 9½
to the Treasurer of the Ordnance in aid of the supplies of “this year” [1712] 231 9 4
[to same] more in aid of the 40,000l. annuities anno 1708 791 16 11¾
—
£7,132 6 4¼
Public Funds granted and continued for satisfying the debts incurred for the service of the year 1713.
items of Duties &c., detailed, in 12 Anne, c. 11, for circulating 1,200,000l. in Exchequer Bills.
Moneys levied and paid into the Exchequer for the service of the year 1713.
£ s. d.
on the third 2s. Aid [as by the Act 12 Anne, c. 1] 960,947 10 9½
on Malt [as by the Act 12 Anne, c. 2] 451,417 6 6½
Exchequer Bills made forth for the service of this year 1,200,000 0 0
—
£2,612,364 17 4
£ s. d.
Out of the Supplies of this year there was issued for interest to the South Sea Company to midsummer 1713 286,639 15 0
of which a part being English debt [incurred before the Union] makes the [joint or Great Britain] interest chargeable upon the Supplies of this year to be [left blank]
Public Funds granted and continued for satisfying the debts incurred for the service of the year 1714.
items of Duties &c., detailed, in 12 Anne, c. 9 [13 Anne, c. 18, in Statutes of the Realm], for 116,573l. 12s. 0d. per an. for a Lottery Contribution.
ditto in 12 Anne, c. 11, for 35,000l. per an. for a Lottery Contribution.
Moneys levied and paid into the Exchequer for the service of the year 1714.
£ s. d.
on the fourth 2s. Aid [as by the Act 13 Anne, c. 1] 965,402 18 4¾
on Malt [as by the Act 13 Anne, c. 2] 580,170 18 2
Contributions on a Lottery [as by the Act 13 Anne, c. 18] 1,400,000 0 0
—
£2,945,573 16 6¾
Memorandum: The Civil List Lottery of 500,000l. [as by the Act 12 Anne, c. 11] is left out because it does not appear to have any immediate concern with the present case.
£ s. d.
Paid out of the Supplies of this year [viz. 1714, as in repayment] of loans registered on the Two Thirds Subsidy anno 1705 [as by the Act 3–4 Anne, c. 3]: principal and interest 77,336 9 10½
the Debt of the Transport Office incurred before Xmas 1707 paid out of the Supplies of this year 539 9 11
the [purely English as distinct from the Great Britain part or] proportion of interest of the South Sea Stock paid this year is [blank]
£ s. d.
Out of the arrears [in the Exchequer arising on funds granted for Supply of the year] 1707 and preceding years there was distributed in this year [1714] to the Treasurer of the Navy and [Paymaster of the] Ordnance and in aid of Deficiencies [grown due before but provided for] since the Union 1,880 17 1¾
leaving in the Exchequer at Michaelmas 1714 the sum of 612l. 12s. 1½d. of these arrears.
[Summary] account of moneys levied for the service [of Great Britain] and moneys paid for the debts of England incurred before the Union and of the proportion thereof.
Levied Paid for the Pre-Union debts of England The proportion they bear to one another
£ s. d. £ s. d.
1708 6,210,251 12 11¾ 1,222,866 8 7½ 59/12 to 1
1709 6,314,307 4 6¼ 1,185,338 11 0¾ 53/11 to 1
1710 5,686,641 0 11 1,057,814 14 11¼ 53/10 to 1
1711 6,088,913 11 11¼ 952,753 16 9¼ 637/96 to 1
the whole debt Part thereof incurred before the Union
South Sea Debt 9,177,967 15 4 1,341,941 16 0½ 6112/134 to 1
Memorandum: in stating the above accounts of moneys levied for the service of the years 1708 to 1714 the nett produce (receipts in the Exchequer) of the Land Tax is taken after deducting 6½ pence per £ allowed for collection. The Malt receipts were taken as returned by the Excise Commissioners. All other Supplies are taken from the sum mentioned in the several Acts of Parliament without regarding or deducting the sums allowed in some cases to be reserved in the Exchequer for payment of intermediate interest till the funds took place, or the allowances in other cases for borrowing money or issuing [Exchequer] Bills for payment of intermediate interest, premiums or discounts: though it would have been more equitable to state the precise nett sums arising and applicable if the accounts had permitted: because such interest, premiums or discounts cannot contribute towards the service of the year nor for payment of old debts.
A State of the Debt of the Navy as it stood on the 31 Dec. 1707 with the manner after which it was satisfied:
Debt principal and interest Satisfied out of Supplies preceding 25 March 1711 Transferred to South Sea Stock Standing out and incurred before 1 Jan. 1707–8
£ s. d. £ s. d. £ s. d. £ s. d.
Due on [Navy] bills in the Second Book 16,217 16 5
Wear and Tear 1,018,510 3 0 967,497 1 5 51,013 1 7
Yards and Rope Yards 273,813 0 0 273,813 0 0
Seamen's Wages (ships paid off) 194,259 11 1 161,913 10 11 32,346 0 2
Seamen's Wages (ships in pay) 1,280,217 0 0 1,280,217 0 0
bills for pilotage &c. 25,531 5 2 25,531 5 2
Victualling 1,134,650 5 7 1,041,469 9 0½ 59,901 3 10½ 35,279 12 8
due for Sick and Wounded the 30 Sept. 1707 47,360 0 0
— — — —
3,990,559 1 3 3,750,441 6 6½ 108,914 5 5½ 67,625 12 10
Out of the payments made out of the supplies of the years 1708–1711 there is to be deducted the sum of 358,327l. 4s. 5d., being the money and tallies remaining in the Navy Treasurer's hands on the 31 Dec. 1707.
Thus the net sum of the Navy Debts due before the Union but paid out out of the Supplies of the years 1708–1711 amounted to 3,392,114l. 2s. 1½d.
Note: this sum of 3,392,114l. 2s. 1½d. cannot (from any accounts hitherto obtained by the Commissioners) be distinguished into the different years when it was paid, it is proportioned equally amongst the four years 1708–11, making annually 848,028l. 10s. 6¼d.
The State of the Transport Debt:
The total Transport services incurred before the Union and provided for by Supply after the Union was:
£ s. d.
anno 1703 1,589 11 4
anno 1704 8,439 4 5
anno 1705 8,477 19 3
anno 1706 98,553 7 11
anno 1707 184,416 17 0½
—
total £301,477 0 0½
This sum was provided for out of the Supplies of the years 1708–1711 and 1714 as follows:
£ s. d.
issued out of the Exchequer in 1708 88,737 7 11½
issued out of the Exchequer in 1709 82,676 19 4
issued out of the Exchequer in 1710 126,860 11 10
issued out of the Exchequer in 1711 2,662 11 0
issued out of the Exchequer in 1714 539 9 11
—
£301,477 0 0½
Of the debts for Transport Service due 29 Sept. 1710 and which were provided for by the South Sea Act 9 Anne, c. 15, the sum of 62,468l. 3s. 3d. was incurred before Xmas 1707.
The State of the Debt of the Office of Ordnance:
(according to accounts from the said Office dated 17 Sept. 1716 and 22 Nov. 1716)
£ s. d.
Debt incurred before 31 Dec. 1707 276,342 9 6¾
whereof paid out of Supplies before that date 181,357 9 4
—
debt accrued before the Union £94,985 0 2¾
This seems to have been paid before Michaelmas 1710 so that it seems most equal to divide it upon the years 1708, 1709 and 1710 which will make it 31,661l. 13s. 5d. yearly.
An account of the South Sea Debt:
containing the particulars which on or before the 25 Dec. 1713 were taken or admitted in the said Joint Stock so far as they appear in the Books transmitted by the Directors of the South Sea Company to the Auditors of the Exchequer to have been Debts contracted before the Union.
The whole South Sea Debt taken and admitted before Xmas 1713 did amount to 9 177.967l. 15s. 4d.
£ s. d.
the old Army and Transport Debentures (principal and interest to Xmas 1711) amounted to 1,123,258 7 9
tallies on coals [as by the Act 1 Anne, St. 2, c. 4, continued by 4–5 Anne, c. 18, and 8 Anne, c. 10] (principal and interest to same date) 12,757 9 5
Elector of Hanover and Duke of Zelle due anno 1697 9,375 0 0
old Navy bills taken out of the several Books of Subscriptions dated 1683, 1684, 1685, 1686 and 1687 14,300 11 2
one bill dated 14 Aug. 1706 in the Third Transport Subscription Book 493 3 10
of the Transport Office moneys subscribed into the South Sea Stock for the Public use there was applied for the service of the years 1704, 1706 and 1707 2,662 11 0
of the Navy Debts due at Xmas 1707 there was transferred to the South Sea Stock at Lady day 1711 the sum of 108,914l. 5s. 5½d., the interest whereof at 6 per cent. from Lady day 1711 to Xmas 1711 is 4,901l. 2s. 10d.: making together 113,815 8 3½
of the Debts stated due for Transport service at Michaelmas 1710 the part which accrued before Xmas 1707 was 62,468l. 3s. 3d.; whereon the interest at 6 per cent. from Lady day 1711 to Xmas 1711 is 2,811l. 1s. 4d.: making together 65,279 4 7
—
£1,341,941 16 0½
The Navy, Victualling and Transport bills made out for the debts mentioned in the last two items above are all of a later date than 1 Jan. 1707–8 but the proper officers have certified that these debts accrued before the 31 Dec. 1707, though in the course of business the bills were not made out till after that time.
Memorandum: The sum total of the South Sea Debt as above stated comprehends only 1,001,426l. 11s. 1d. of the principal sum lent upon the credit of the General Mortgage anno 1710, and therefore the remainder, viz., 295,125l. 18s. 10¾d. which appears not to have been taken and subscribed in the South Sea Books is stated in the accounts of the year 1710, supra, pp. 329–30, as a part of the Supplies of that year.
“ere the accounts from Public Offices transmitted to the Commissioners end: and the Commissioners are obliged not only to leave the accounts, already stated, at some uncertainty but to stop entirely at the year 1711 for the reasons following:
(1) because the accounts of the Debts due to the Sick and Wounded at Xmas 1707, what it amounted to and how, when, or out of what Funds the debts due to them at Michaelmas 1707 (as certified by the Commissioners of the Navy) was paid, does not appear to the Commissioners.
(2) the state of the debt due to the Marine Regiments, how much incurred in the year 1707, how much of that has been paid out of the Supplies anno 1708 or following years and what (if any) is still outstanding, the Commissioners could not learn.
(3) the pay of the Army Abroad and at home, what the subsistence, clearings, offreckonings &c. which grew due in the year and for the service of 1707 amounted to and how or when paid off or if any part of the debts then due or unprovided for are still standing out, the Commissioners cannot discover by any accounts hitherto transmitted to them, nor how to distinguish the extraordinary provisions for the war, [to wit] what part thereof was for the services before the Union and what after.
(4) the proportion between the Supplies of each year and the Debts due before the Union and paid out of these Supplies must vary from what they are now stated at when the aforementioned accounts (or any other payments which may have escaped the Commissioners' notice) are found out. And the receipts and issues of the Exchequer being transmitted to the Commissioners only so far down as Michaelmas 1711 put them under the necessity of stopping at that year, thinking themselves obliged to offer nothing but what they humbly conceive is well founded.”
The next Direction [to the Commissioners] is to state an account of all the public revenue of Scotland during the first seven years after the Union and of all the arrears [thereof] yet standing out and proper to the account of that time.
Nett Produce of the revenue of Scotland from the 1st May 1707 according to the several accounts from the proper officers of that Kingdom [reckoning the years from Michaelmas 1707]:
Property, Sheriff and Borough aeques and compositions of signatures (1708) 780l. 9s. 6½d., (1709) 780l. 9s. 6½d., (1710) 780l. 9s. 6½d., (1711) 1,215l. 3s. 10¼d., (1712) 1,959l. 11s. 7¾d., (1713) 2,098l. 8s. 2d., (1714) 1,170l. 4s. 4¾d.
Compositions on tacks of teinds at a medium of three years from 9 Feb. 1710–11 (1712) 399l. 11s. 7d., (1713) 399l. 11s. 7d., (1714) 399l. 11s. 7d.
Bishops' rents: computed from an account for one year (1708) 4,524l. 6s. 5¼d., (1709) 4,524l. 6s. 5¼d., (1710) 4,524l. 6s. 5¼d., (1711) 4,524l. 6s. 5¼d., (1712) 4,524l. 6s. 5¼d., (1713) 4,524l. 6s. 5¼d., (1714) 4,524l. 6s. 5¼d.
Post Office (from 11 Nov. 1707) (1708) 397l. 6s. 10d., (1709) 231l. 6s. 6d., (1710) 419l. 1s. 2d., (1711) 363l. 10s. 10d., (1712) 400l. 5s. 3d., (1713) 224l. 0s. 7d., (1714) 244l. 14s. 3d.
Land Tax (1708) 47,854l. 11s. 1d.. (1709) 47,853l. 16s. 1d., (1710) 47,853l. 17s. 7d., (1711) 47,853l. 18s. 8½d., (1712) 47,954l. 1s. 0d., (1713) 23,977l. 0s. 7d., (1714) 23,977l. 0s. 7d.
Customs subsisting at the time of the Union (1708) 23,745l. 7s. 9d., (1709) 7,488l. 14s. 0½d., (1710) 14,711l. 14s. 8½d., (1711) 35,086l. 9s. 5¾d., (1712) 21,702l. 16s. 1d., (1713) 23,235l. 14s. 3d., (1714) 20,365l. 8s. 9¼d.
New Duties of Customs (1708) 2,030l. 6s. 9½d., (1709) 21l. 13s. 9¼d., (1710) 63l. 19s. 7¼d., (1711) 1,538l. 17s. 7¾d., (1712) 875l. 15s. 10d., (1713) 740l. 0s. 4¾d., (1714) 485l. 4s. 0d.
Salt Duty (1708) 48l. 2s. 10d., (1709) 1,865l. 4s. 7¾d., (1710) 8,983l. 12s. 10¼d., (1711) 5,447l. 3s. 11¾d., (1712) 6,397l. 13s. 4¼d., (1713) 9,149l. 6s. 3½d., (1714) 3,396l. 4s. 4d.
Memorandum: The Salt Duties were not sufficient to discharge the allowances for exported fish and therefore by an Act 7 Anne, c. 11, all fish debentures are charged on Salt in Scotland or the Customs or Excise there. For the first three years after the Union there was little or no importation of foreign salt because of a great quantity imported before that time.
Excise (1708) 34,688l. 6s. 0½d., (1709) 41,242l. 7s. 3¼d., (1710) 37,653l. 15s. 4½d., (1711) 41,014l. 7s. 0½d., (1712) 46,195l. 1s. 9¾d., (1713) 48,201l. 17s. 0¼d., (1714) 19,757l. 7s. 7d.
Duty on Mum (1708) 46l. 8s. 1¼d., (1709) 16l. 3s. 9d., (1710) 32l. 3s. 2d., (1711) 21l. 13s. 7d., (1712) 9l. 14s. 10d.
New Duty of Excise [as by 8 Anne, c. 12] from 25 March 1710 (1710) 305l. 6s. 11d., (1711) 3,209l. 3s. 9¼d., (1712) 3,528l. 4s. 8d., (1713) 3,428l. 17s. 8¾d., (1714) 3,003l. 5s. 7¼d.
New Duty on Candles [as by 8 Anne, c. 5] from 1 May 1710 (1711) 2,395l. 12s. 3¼d., (1712) 1,844l. 4s. 4½d., (1713) 1,569l. 4s. 5¼d., (1714) 1,428l. 8s. 3½d.
Second Duty on Candles [as by 9 Anne, c. 6] from 25 March 1711 (1711) 152l. 7s. 8d., 1,850l. 5s. 2¼d., (1713) 1,569l. 13s. 10½d., (1714) 1,428l. 3s. 6½d.
First Duty on hides [as by 9 Anne, c. 12] from 24 June 1711 (1712) 2,956l. 2s. 8¼d., (1713) 2,087l. 6s. 4d., (1714) 1,874l. 1s. 5¾d.
Duty on soap, paper and calicoes [as by 10 Anne, c. 18] from June and July 1712 (1713) 3,196l. 9s. 0d., (1714) 1,318l. 3s. 1d.
Duty on gilt and silver wire, starch [as by 10 Anne, c. 19] and second Duty [as by the same Act 10 Anne, c. 19] on hides from 1 July 1712 (1713) 1,941l. 19s. 1¾d., (1714) 1,919l. 9s. 7d.
New Duty on Stamp paper &c. [as by 9 Anne, c. 16] from 1 Aug. 1711 (1712) 67l. 10s. 0d., (1713) 67l. 10s. 0d., (1714) 67l. 10s. 0d.
Stamp Duties of several kinds [as by 10 Anne, c. 18] from 1 Aug. 1712 (1713) 290l., (1714) 290l.
total revenue (including 59l. 8s. 7½d. for Duty on hops, being for stock in hand): part of 1707 and whole of 1708–1714 862,527l. 11s. 10¾d.
An account of the increase of the revenue of Excise of Scotland from the 1st of May 1707 to the 1st May 1714 (as compared with the 33,500l. taken as the Excise yield for the year preceding 1st May 1707):
£ s. d.
to 1st May 1708 1,188 0 6½
to 1st May 1709 7,742 7 3¼
to 1st May 1710 4,153 15 4½
to 1st May 1711 7,514 7 0½
to 1st May 1712 12,695 1 9¾
to 1st May 1713 14,701 17 0¼
—
£47,995 14 6¾
The legal interest for forbearance, reckoning the payments as directed by the Act of 6 Anne [c. 51] (“for further directing the payment of the Equivalent Money”) will amount to 7,784l. 13s. 6¼d.
Memorandum: The manner of making up the accounts of Excise in Scotland appears to be this: that the arrears of each year are carried forward to the following year so that all the arrears of the seven years after the Union are charged upon the year ended 1 May 1714 so that when a payment is to be made of the increase stated in the above account the sum of 13,742l. 12s. 5d. (the Excise coming so much short of 33,500l. in the year 1714) is to be deducted from the above total [of 47,995l. 14s. 6¾d.] and in consideration thereof all the arrears which were in the hands of collectors on account of Excise at 1 May 1714 (together with what may arise from claims and disputes before the Exchequer) and all moneys arising from unadjusted articles concerning the first seven years are due to Scotland by way of Equivalent and Increase, in the terms of the Union.
(Signed) John Selwyn.
Hen. Cartwright.
Sn. Bisse.
John Baird.
Pat. Campbell.
John Forbes.
An Estimate of the Equivalents due to Scotland upon continuing of several Duties which subsisted at the Union, and upon granting new Duties for the service of the years 1708–1711: taken from the proportion which the Debts incurred before the Union and paid out of the Supplies of those years, do bear to the said Supplies.
Customs subsisting at the Union:
Annual
Value		 [Estimated
Equivalent]
£ s. d. £ s. d.
Half Subsidy of Tonnage and Poundage [as by 6 Anne, c. 73] from 1 Aug. 1712 to 1 May 1714 after the rate of 3,266l. 7s. 8½d. per an. anno 1708 5,716 3 5¼ 1,143 4 8¼
the other Half Subsidy of Tonnage and Poundage [as by 6 Anne, c. 48], the Impositions on wine, vinegar, tobacco, East India goods, Additional Impositions and whale fins for same time after the rate of 12,531l. 12s. 3¾d. per an. anno 1708 21,930 6 6¾ 4,386 1 3¾
Subsidy continued for ever anno 1709 [as by 7 Anne, c. 30] the produce thereof from 7 March 1711–12 to 1 May 1714, after the rate of 3,578l. per an. 7,695 3 0 1,539 0 7¼
It appears by the accounts in the Exchequer that the 25 per cent. on French goods which stood unappropriated at the time of the Treaty [of Union] was to Lady day 1711 applied for payment of old debts. The Scots proportion from Xmas 1707 to Lady 1711 after the rate of 241l. 9s. 4d. per an. is 784 15 4 784 15 4
—
£7,853 1 11¼
Memorandum: This computation proceeds upon the supposition that the Customs had yielded after the rate of 30,000l. per an.: the reason whereof is this—the officers of that revenue in Scotland never making or keeping the accounts of the revenue in the terms of the Union, that is by dividing and proportioning the sum that arose after the manner the same was done at the time of the Treaty of Union, it is now become impracticable to make up the accounts after that manner: and to make them up upon the produce of the respective Branches is what the Commissioners apprehend they are not authorised to do by any Act of Parliament, the Act for the Union only mentioning an Equivalent to be answered to Scotland for such parts of the Customs and Excise chargeable upon that Kingdom upon the Union as will be applicable to the [pre-Union] debts of England according to the proportions which the [then] present Customs in Scotland do bear to the Customs in England.
By the words in the 15th article (of the Treaty) relating to the keeping an account of the Duties arising in Scotland in order to show what Equivalent should be answered to Scotland for such proportion of the increase as shall be applicable to the debts of England, it appears that it was then intended that the nett produce of the whole revenue should at the different periods of time be taken and divided after the manner that the 30,000l. was.
But though the manner in which the accounts of the Customs are now stated do not admit of a computation such as was made at the Treaty of Union, yet by finding the nett produce in seven years, and comparing that with the Equivalents which would have been due in case the Customs had arisen to 30,000l. per an., all injustice to either side may be avoided.
And here the Scots [members of the] Commissioners take the liberty by themselves with all submission to mention what occurs to them on the subject of the Deficiency of the Customs of Scotland [as follows].
It appears by the account of the nett produce of the Customs that they have fallen short of the sum of 30,000l. per an. during the course of these seven years in the sum of 57,430l. 0s. 4¾d., only that there is an arrear in the collectors' hands, belonging to that time, of 3,908l. 7s. 9½d. in money and 10,330l. 19s. 1d. in bonds. From this a question arising if an allowance should be given for such Deficiency and after what manner, the Commissioners for Scotland take the liberty to state the case without presuming to make any judgment thereupon [viz., as follows].
There does not appear either from the Articles of Union or Journals of the Treaty that the case of a Deficiency was ever under the consideration or in the view of the Commissioners for the Treaty on either side so that there is no positive provision either one way or other in that event.
From that equity and equality aimed at in these agreements it's highly probable that if Scotland was to make up the Deficiency of any branch of their revenue there must have likewise been a provision regulating the charges of management, otherwise there might have been a Deficiency in the nett produce at the same time that the revenue might have arisen very high. And it's very likely when the Commissioners for Scotland made an estimate of what might be the value of their Customs after the Union they had in their eye that which they knew to be the common charge of management of that revenue in Scotland which was generally about 5,000l. per an. and never exceeded 6,000l.: and by the accounts of the Customs in the General State of the Revenue the case appears to be far otherways.
Again there is no provision or benefit stipulated for Scotland after the seven years in the event that the Customs had arisen or hereafter shall arise to four times the estimated value and thereby contributed four times more towards payment of the debts of Britain than was expected: which shows that making up a Deficiency was not so much as imagined.
Again suppose the Deficiencies to be made up, it's probable it must be under the following limitations and conditions:
(1) all the branches of the Customs of England (except the One Third Subsidy) which were appropriated for the Debts of England were to cease and determine in July, August and Sept. 1710. The Equivalent paid for the parts of the revenue of the Customs of Scotland applicable to the Debts of England was 68,931l., so that all the Deficiency to be made up is only to the year 1710 and for repayment of that sum 68,931l. and to keep up the part intended for the One Third Subsidy, viz., 1,780l. per an.
(2) the effect of a Deficiency in the Customs, Excise, Land Tax &c. of England beneath the computed value at the Treaty of Union has been either to continue these Duties longer than otherwise would have been necessary, or [the] granting new Duties which affect the United Kingdom [in order] to make up such Deficiencies. And therefore it would seem equitable to proportion the Deficiencies of both and nothing to be reckoned a Deficiency but what should result from such a comparison: which [method] in the present case would reduce that Deficiency of 57,430l. 0s. 4¾d. to a very small matter, for the Customs and Excise of England have fallen beneath their computed value in the first seven years after the Union [by] the sum of 1,571,816l., the Customs of Scotland [have fallen] in the sum of 57,430l. 0s. 4¾d. The proportion between these two revenues as computed at the Union was as 1l. to 36l. 0s. 11¾d. and the proportion between the Deficiencies is 1l. to 27l. 7s. 5¾d. which brings the real Deficiency to the difference between 27 and 36, that is about a fourth part or 14,357l. 11s. 0d.; and the moneys and bonds in the Collectors' hands belonging to that period of time amounts to 14,239l. 6s. 10½d., Which reduces the [Scotch net] Deficiency to 118l. 4s. 1½d.
Both Customs and Excise of Scotland have been kept lower than other ways they would have been by the exemptions claimed because of private rights, which private rights have been called in question and have lain, and some of them do still lie, undetermined by the Barons of the Exchequer.
Now in case either of determining against these private rights or that the term to which they are claimed is near expired it were hard to oblige [Scotland] to make up the Deficiency occasioned thereby during the seven years and take the benefit always for the future.
The Scots Commissioners leave the subject of the Deficiency of the Customs of Scotland with this remark, that having stated what Equivalents would have been due to Scotland in case the Customs had arisen to 30,000l. per an. it appears that the net produce of the Customs together with that claim upon them by way of Equivalent will make up all the Deficiency which in any event could be demanded: and any demand on the head of Customs is left open until a Rule is given for making up that account.
£ s. d.
The nett produce of the Customs for seven years from 1 May 1707 to 1 May 1714, supra, p. 338, is 152,569 19 7¼
The Equivalent due out of the Customs amounts to, supra, p. 327 46,777 0 9½
the Equivalent due out of ditto, pp. 339–40, amounts on the 1 May 1714 to 7,853 1 11¼
There is cash in the hands of the Collectors of the revenue belonging to this period of time besides rents 3,908 7 9½
—
£211,108 10 1½
The Customs of Scotland valued at 30,000l. per an. should have yielded from 1 May 1707 to 1 May 1714 £210,000 0 0
(Signed) John Baird.
Pat. Campbell.
John Forbes.
The case of the New Duties granted since the Union are conceived by the [whole body of] Commissioners to be very different from that of the Duties whereupon the agreements were made at the Treaty. The Commissioners have therefore stated them after the manner they are returned by the management of those Duties respectively.
An Estimate of the Equivalents due out of the New Duties granted since the Union to 1 May 1714:
Net produce
in Scotland to 1 May 1714		 Proportion
due by way of Equivalent
£ s. d. £ s. d.
for the service of the year 1708:
new Duty on French prize wine [as by 6 Anne, c. 73] from 15 March 1708		 2,078 9 3¾ 415 13 10¼
for the service of 1710:
new Duty on pepper, raisins, &c. [as by 8 Anne, c. 12] from 6 Feb. 1709–10 (266l. 17s. 3¾d.); new Duty on Candles from 1 May 1710 [as by the Act 8 Anne, c. 5], (under the Customs 7l. 16s. 10½d.: under the Excise 7,237l. 9s. 4½d.); new Duty of 3d. per barrel Excise [as by the Act 8 Anne, c. 12] from 25 March 1710 (13,474l. 18s. 8¼d.); new Duty on coals [as by the Act 8 Anne, c. 10] from 29 Sept. 1710 (432l. 7s. 11¾d.)		 21,419 10 2¾ 4,283 18 0½
for service of the year 1711:
additional Duty on coals [as by the Act 9 Anne, c. 6] and Subsidy outwards [as by the same Act] from 8 March 1710–11 (1,759l. 5s. 6¾d.); additional Duty on Candles [as by the same Act] from 25 March 1711 (5,000l. 10s. 3¼d.); new Duty on hides [as by the Act 9 Anne, c. 12] from 24 June 1711 (under the Customs 536l. 5s. 11¼d.; under the Excise 6,640l. 4s. 3½d.); new Duty on Stamped paper, parchment &c. [as by the Act 9 Anne, c. 16] from 1 Aug. 1711 (185l. 12s. 6d.); new Duty on hops [as by the Act 9 Anne, c. 13] from 1 June 1711 (under the Customs 125l. 19s. 5d.: under the Excise 59l. 8s. 7½d.)		 14,307 6 7¼ 2,384 11 1¼
—
£7,084 3 0
The Duties granted for the service of the year 1712 are not brought into this account because the Commissioners have not been able hitherto to carry the accounts of the receipts and issues of the Exchequer any further than the year 1711.
The next direction in the Act of Parliament [1 Geo. I, St. 2, c. 27] is to make out an account of the public money due and payable for the service of the year 1707, or before that time, which has been since paid or is still standing out; and of the Civil and Military Establishment for that year: and in like manner, of what moneys have been advanced and paid out of the Treasury of England towards making up the actual expense which should have been provided for by the Parliament of Scotland.
An account of the Revenue and Supplies of Scotland for the year 1707; with the sums brought in belonging to any former years and a note of the arrears still standing out:
£ s. d.
Land Tax for the year 1707 by an Act of the Parliament of Scotland (exclusive of the allowance for mortified land) 47,978 17 9½
the Tack Duty or the annual farmed revenue of Excise for four months before 1 May 1707 11,166 13 4
the Tack Duty or the annual farmed revenue of the Customs and Coinage [Duty] for the same four months 10,000 0 0
Crown Rents, Compositions and Signatures &c. which were due and paid for the service of the year 1707 or before that time 10,433 13 2½
the Tack Duty or the annual farmed revenue of the Post Office for the year 1707 belongs properly to this account and is 1,194 0 0
the nett produce of the Customs of Scotland from 1 May 1707 to Xmas 1707 being 6,233l. 14s. 6¼d., the proportion thereof applicable to the Civil Government [of Scotland] after the rate of 5,669l. per an. is for that time 1,177 19 3¾
the nett produce of the Excise of Scotland from 1 May 1707 to Xmas 1707 being 20,143l. 2s. 10¾d., the proportion thereof applicable to the Civil Government [of Scotland] upon the rate of 9,539l. per an. is for that time 5,735 13 8¾
—
£87,686 17 4½
The arrears outstanding in the above time is 14,535l. 3s. 5d. Memorandum: There being no returns made to the [our] precept requiring an account of the Coinage Duty in Scotland before 1 May 1707 and of the Tack Duty of the Post* Office before 11 Nov. 1707 (when it appears to have come under the management of the Governors of the Post Office at London), both these articles are stated according to their estimated value; to be rectified when the precepts are answered.
The Land Tax of Scotland for the service of the year 1707 was charged with arrears due to the Army [of Scotland] from the 1st Oct. 1705 to the 1st Oct. 1706. Whether these arrears were paid out of that Fond or what they amounted to, the Commissioners have not as yet learned: but whatever payments were made pursuant to that appropriation ought to be deducted from the sum of the provisions for that year.
Memorandum: the Supplies granted for the service of the year 1707 and arrears of preceding years did not come in during the currency of that year: and this account contains not only what was paid in that year but all that has been since paid which belonged to that or any preceding year.
An account of the Civil and Military Establishments of Scotland for the year 1707: or the actual expense which should have been provided for by the Parliament of Scotland:
£ s. d.
Due to the Forces, Frigates and Birlings in Scotland for the service of the year 1707 as per the Commissaries of the Army their account 75,437 17 2
due to the Civil List and for Pensions, Fees &c. for Whitsunday term 1707 for which precepts were issued by the Lords of the Treasury of Scotland as by the list of Mr. Bowles, Deputy Remembrancer [of Scotland] 11,679 15 10½
another half year by a like computation 11,679 15 10½
—
£98,797 8 102/3
The moneys hitherto appearing to have been issued out of the Treasury of England towards satisfying the actual expenses which should have been provided for by the Parliament of Scotland.
to Mr. Elliott out of Mr. Howe's Office [Paymaster of Guards and Garrisons]		 9,808 8 8
to Sir David Nairn, out of the Queen's Civil List money for subsistence of the Troops in Scotland 30,800 0 0
—
£40,608 8 8
Memorandum: There are several payments made out of the Civil List money for services relating to Scotland in the accounts from the Exchequer but without distinguishing how much was in aid of the Deficiencies of the Supplies of Scotland for the year 1707: and the Commissioners have not hitherto found out any means for making that distinction.
A state of the Revenue and Public Income of Great Britain as computed at the time of the Treaty of Union.
6 May 1706. The Revenue of England taken from the account which (by order of the Commissioners for the Treaty) was annexed to the Minutes or Journal [of the Treaty Commissioners] is as followeth:
the Revenue appropriated for the Crown:
£
the Excise of 2s. 6d. per barrel [the Hereditary and Temporary Excise] and according to a medium of three years last past (exclusive of the 3,700l. per week) 286,178
the Further Subsidy of Tonnage and Poundage or New Subsidy: from a like medium 256,841
the General Letter Office revenue by a like medium 101,101
the produce of Fines in the Alienation Office including the charges of the Court of Chancery: by a medium 4,804
the Post Fines, by a reserved rent on a grant thereof in being 2,276
the produce of the revenue arising by Wine Licences:
by a medium		 6,314
sheriffs' proffers communibus annis: about 1,040
Compositions in the Exchequer by a medium of three years 13
seizures of uncustomed and prohibited goods 13,005
the revenue of the Duchy of Cornwall, about 9,869
the revenue of the Principality of Wales, about 6,857
other revenues arising by Rents of Lands and Fines of Leases &c. by a medium of the last three years 2,906
—
total revenues of the Crown: by a medium and including the charges of raising the same £691,204
£ s. d.
The other Public Revenues:
Customs (including charges of management and excluding drawbacks by debentures):
by a medium of three years		 345,704 0 0
Impositions on wine and vinegar &c, excluding drawbacks by debentures and allowances for damaged goods: by a like medium 373,485 0 0
Additional Impositions on goods and merchandises, excluding drawbacks and allowances:
by a like medium		 39,645 0 0
Duties on coal, culm and cynders by a like medium 113,688 0 0
the 15 per cent. on muslins and the Duty on coffee, tea &c. with the Additional Duties lately [i.e. in 1704 by 3–4 Anne, c. 18] imposed thereon and upon calicoes &c.: the former Duties by a medium of the last three years (excluding drawbacks and allowances for damaged goods) produced 42,475l.: and the new Duties are estimated at 74,000l. per an 116,475 0 0
The 25 per cent. Duty on French goods by the like medium, excluding allowances for damaged goods 10,794 0 0
the 5s. per ton on French shipping by the like medium 81 0 0
Plantation Duties on goods carried from one Plantation to another: by the like medium 877 0 0
Four and a Half per cent. Duty in specie in Barbados and the Leeward Islands by the like medium 6,459 0 0
Coinage Duty (10s. per ton on wines imported) by a like medium (excluding drawbacks and allowances for damaged wines) about 7,350 0 0
Duties on whale fins and Scots linen by a like medium (exclusive of drawbacks and allowances for damages) 10,939 0 0
One Third Additional Tonnage and Poundage, the produce thereof in the year ended at Xmas last [1705] (exclusive of drawbacks and allowances for damaged goods) 81,746 0 0
Two Thirds Additional Tonnage and Poundage: estimated at 160,000 0 0
the 3,700l. per week out of the Excise 192,400 0 0
9d. per barrel on beer: by a medium of the last three years 4,828 0 0
another 9d. per barrel Excise by a like medium will produce 155,000 0 0
another 9d. the like 155,000 0 0
Duties on Low Wines by a like medium 25,267 0 0
Malt Duties continued from year to year, computed at 650,000 0 0
12 pence per bushel on salt (exclusive of drawbacks for salt and fish exported):
estimated by the produce of last year [1705]		 54,621 0 0
28 pence per bushel on salt: by a like computation 128,038 0 0
4l. Rent of 700 Hackney Coaches 2,800 0 0
Licences to Hawkers and Pedlars by a medium of three years 6,460 0 0
Stamp Duties by a like medium, excluding drawbacks for prompt payment 89,110 0 0
Duties on Windows: about 112,069 0 0
4s. Aid for the present year [1706–7]:
estimated at		 1,997,763 3 4½
—
5,000,599 3 4½
Crown Revenues 691,204 0 0
—
total £5,691,803 3 4½
The Revenue and Public Income of Scotland:
Estimated
to the yield after the Union		 Production
before the Union
£ £
The Excise (2d. sterling per Scots pint on ale and beer) 50,000 33,500
Customs 50,000 30,000
Crown Rents communibus annis 5,500 —
Casualty of Superiorities and Compositions at the Exchequer 3,000 —
Post Office 2,000 1,194
Impositions for Coinage 1,500 —
the Land Tax 48,000 36,000
— —
£160,000 £100,694
Observations on the above accounts of the revenue of England and Scotland.
The revenue of England being 5,691,803l. 3s. 4½d. at a medium of three years and including the charges of management was applicable as follows:
£ s. d.
for the Civil Government 691,204 0 0
for the Plantations in the West Indies and the Mint 13,809 0 0
for the annual service 2,662,315 3 4½
appropriated for debts 2,324,475 0 0
—
£5,691,803 3 4½
£ s. d.
The nett Revenue of Scotland, viz., 100,694l. as taken from the Tack Duties (exclusive of the charges of management) and the Land Tax from a medium of 11 years was applicable as follows:
for the Civil Government		 31,194 0 0
for the annual service 69,500 0 0
—
£100,694 0 0
Memorandum: the Crown and Bishops' lands, Tacks of Teinds &c. are left out here because not included in the subsequent seven years' accounts, and [by reason] that the accounts of the Crown Revenues do not appear absolutely necessary in the present question.
£ s. d. £
Second observation:
The Customs and Excise of England, part of the aforesaid Revenue of 5,691,803l. 3s. 4½d., did yield net, exclusive of the charges of management		 2,289,161
and were appropriated thus:
One Third Subsidy, 3,700l. per week Excise, and the three ninepences, were appropriated for upwards of 90 years for payment of the Debts of England. The annual value of these branches is		 646,535 14 0
Old Tonnage and Poundage, the General Mortgage, New Duty on Coffee, Two Thirds Subsidy and Low Wines Duties were to have determined in June, August and September 1710. The annual value of these branches is 523,351 0 0
The Surplus of Excise and other Duties unappropriated as to any debts were of the annual value of 1,119,274 6 0
— £2,289,161
The Customs and Excise of Scotland, part of the aforesaid annual Revenue of 100,694l., did yield 63,500
By the Agreements in the Treaty of Union this was proportioned and applicable in the manner following, viz.
towards payment of the Debts of England of upwards of 99 years' continuance annually		 21,823 0 0
towards payment of these Debts which by estimate in Parliament were to have been satisfied in June, August and September 1710: per an. 22,874 0 0
a sum proportioned to the unappropriated surpluses and Duties annually 3,595 0 0
for the Civil Government 15,208 0 0
— £63,500
£ s. d.
Note: The Equivalent paid for the Excises and One Third Subsidy applicable for a long term of years as above after the rate of 15¼ years' purchase amounted to 329,154 10 0
the Equivalents paid for the Customs and Low Wine Duties of short continuance were estimated in present money to 68,931 0 0
—
total Equivalent or purchase money paid £398,085 10 0
Nota: The proportion which the Customs and Excise of Scotland (being 63,500l. per an.) did bear to the Customs and Excise of England (being 2,289,161l.) is as 1l. to 36l. 0s. 11¾d.
A State of the Revenue of Great Britain anno 1708:
Land Tax (eleventh 4s. Aid for one year from 25 March 1708): England (gross) 1,995,882l. 0s. 5½d., England (nett) 1,902,942l. 13s. 3d.; Scotland (gross) 47,954l. 16s. 0d., Scotland (nett) 47,854l. 11s. 1d.
Customs subsisting [before or] at the Union (viz., Customs: New Subsidies; One Third Subsidy; Two Thirds Subsidy; Wines; Tobacco; Poundage goods; Additional Impositions; whale fins; Coffee &c.; Additional Coffee; Second 25 per cent.; 25l. per ton Coinage; 15 per cent. on muslins: from Xmas 1707 to Xmas 1708): England (gross) 2,164,553l. 10s. 7½d., ditto (Customs; New Subsidies; One Third Subsidy; Two Thirds Subsidy: Wines; Tobacco; 1690 Impositions; 1692–3 Impositions; whale fins; Coffee &c.; additional Coffee; second 25 per cent., coinage, fines and seizures) England (nett) 1,234,571l. 12s. 2¾d.; Scotland (gross) 44,262l. 16s. 0½d., Scotland (nett) 23,745l. 7s. 9d.
Customs granted since the Union:
25l. per ton on French prize wines: England (gross) 4,355l. 6s. 10½d, England (nett) 4,322l. 16s. 10½d.; Scotland (gross) 2,450l., Scotland (nett) 2,030l. 6s. 9½d. 5s. per chaldron on coals: England (gross) 130,005l. 5s. 6¼d., England (nett) 127,061l. 1s. 10¾d. Excise:
Hereditary and Temporary Excise, Lottery 9d., Bank 9d., ninetynine years' 9d., Low Wines, fines for same year from Xmas 1707 to Xmas 1708: England (gross) 1,070,397l. 8s. 9¾d., England (nett) 956,893l. 11s. 1½d.; ditto from 1 May 1707 to 1 May 1708, Scotland (gross) 44,614l. 4s. 10½d. Scotland (nett) 34,688l. 6s. O½d.
Excise on Salt Inwards and Outwards from Xmas 1707 to Xmas 1708: Scotland (gross) 86l. 14s. 10d., Scotland (nett) 48l. 2s. 10d.
12 pence per bushel on salt and 2s. on foreign salt from Lady day 1708 to Lady day 1709: England (gross) 113,803l. 10s. 6½d., England (nett) 49,429l. 18s. 2d.
2s. 4d. per bushel on salt and 4s. 8d. on foreign salt for same year: England (gross) 265,541l. 11s. 3½d., England (nett) 115,017l. 18s. 9d.
General Letter Office from Xmas 1707 to Lady day 1709: England (gross) 214,286l. 12s. 10d., England (nett) 78,147l. 15s. 2d.; Letter Office in Scotland 11 Nov. 1707 to 25 March 1709, Scotland (gross) 3,916l. 13s. 10d., Scotland (nett) 628l. 13s. 4d.
Hackney Coaches and Chairs, Midsummer 1707 to Midsummer 1708: England (gross) 2,852l. 15s. 0d. England (nett) 1,700l.
Hawkers and Pedlars, Xmas 1707 to Xmas 1708: England (gross) 10,321l. 2s. 0d., England (nett) 8,079l. 6s. 5d.
Window Duties, Lady day 1707 to Lady day 1708: England (gross) 124,409l., England (nett) 116,199l. Stamp Duties, 1 Aug. 1707 to 1 Aug. 1708 by a medium of eight years: England (gross) 117,737l. 11s. 0d., England (nett) 85,151l. 17s. 2½d.
Duty on Malt, mum, cyder and perry, 24 June 1707 to 24 June 1708: England (gross) 616,880l. 1s. 8¾d., England (nett) 551,955l. 12s. 2¾d.; Duty on mum, 1 May 1707 to 1 May 1708, Scotland (gross) 50l. 3s. 3½d., Scotland (nett) 46l. 8s. 1¼d.
Total for 1708: England (gross) 6,831,025l. 16s. 8¼d., England (nett) 5,231,473l. 3s. 3¾d.; Scotland (gross) 143,335l. 8s. 10½d., Scotland (nett) 109,041l. 15s. 11¼d.
A State of the Revenue of Great Britain anno 1709:
Land Tax (twelfth 4s. Aid) for one year from 25 March 1709: England (gross) 1,995,851l. 0s. 5½d., England (nett) 1,908,499l. 0s. 3½d.: Scotland (gross) 47,954l. 1s. 0d., Scotland (nett) 47,853l. 16s. 1d.
Customs Subsisting at the Union (as above, p. 345): England (gross) 2,156,635l. 1s. 2¼d., England (nett) 1,188,370l. 11s. 3¼d.: Scotland (gross) 33,905l. 17s. 0¾d., Scotland (nett) 7,488l. 14s. 0½d.
Customs granted since the Union, 25l. per ton on Prize wine, 5s. per ton on French ships: England (gross) 11,451l. 19s. 9¾d., England (nett) 11,411l 19s. 9¾d.: Scotland (gross) 87l. 10s. 0d., Scotland (nett) 21l. 13s. 9¼d.
5s. per chaldron on coals: England (gross) 139,174l. 14s. 3d., England (nett) 138,844l. 19s. 7½d.
Excise, ut supra, from 24 June 1708 to 24 June 1709: England gross) 1,001,392l. 18s. 4¼d., England (nett) 999,743l. 15s. 1d.; from 1 May 1708 to 1 May 1709, Scotland (gross) 54,592l. 0s. 0¾d., Scotland (nett) 41,242l. 7s. 3¼d.
12d. per bushel on salt from Lady day 1709 to Lady day 1710: England (gross) 119,702l. 2s. 0¾d., England (nett) 51,833l. 18s. 4d.
2s. 4d. per bushel on salt for same time: England (gross) 279,304l. 18s. 2d., England (nett) 120,484l.; Salt Inwards and Outwards from Xmas 1708 to Xmas 1709: Scotland (gross) 1,895l. 5s. 7¾d.
(nett) 1,865l. 4s. 7¾d.
Post Office from 25 March 1709 to 25 March 1710: England (gross) 172,036l. 7s. 1111., England (nett) 66,403l. 16s. 33d., Scotland (gross) 3,490l. 13s. 5d., Scotland (nett) 419l. 1s. 2d.
Hackney Coaches and Chairs, Midsummer 1708 to Midsummer 1709: England (gross) 3,143l. 2s. 11d., England (nett) 1,767l. 5s. 2d.
Hawkers and Pedlars, Xmas 1708 to Xmas 1709: England (gross) 9,936l. 15s. 0d., England (nett) 7,660l. 19s. 41d.
Duty on Houses for Windows from Lady day 1708 to Lady day 1709: England (gross) 123,325l., England (nett) 114,209l.
Stamps 1 Aug. 1708 to 1 Aug. 1709: England (gross) 117,737l. 11s. 0d., England (nett) 85,151l. 17s. 2½d.
Malt, mum, cyder and perry, 24 June 1708 to 24 June 1709: England (gross) 540,760l. 4s. 8d., England (nett) 458,241l. 4s. 2d.; Mum from 1 May 1708 to 1 May 1709: Scotland (gross) 17l. 10s. 0d., Scotlandt (nett) 16l. 3s. 9d.
Total for 1709: England (gross) 6,670,451l. 15s. 9½d., England (nett) 5,036,310l. 19s. 8½d.; Scotland (gross) 141,942l. 17s. 2¼d., Scotland (nett) 98,907l. 0s. 8¾d. A State of the Revenue of Great Britain anno 1710:
Land Tax (thirteenth 4s. Aid for one year from 25 March 1710): England (gross) 1,995,851l. 0s. 5½d., England (nett) 1,896,401l. 7s. 2d.: Scotland (gross) 47,954l. 1s. 0d., Scotland (nett) 47,853l. 17s. 7d.
Customs Subsisting at the Union, at supra, p. 349, from 25 Dec. 1709 to 25 Dec. 1710: England (gross) 1,807,806l. 10s. 7½d., England (nett) 1,043,701l. 3s. 9¾d.; Scotland (gross) 32,628l. 2s. 1½d., Scotland (nett) 14,711l. 14s. 8½d.
Customs granted since the Union, 25l. per ton on prize wine; grocery; candles; 3s. on coals for same time: England (gross) 37,455l. 10s. 0¼d., England (nett) 36,015l. 10s. 1¼d.; Scotland (gross) 73l. 12s. 8¾d., Scotland (nett) 63l. 19s. 7¼d.
5s. per chaldron on coals for same time: England (gross) 100,639l. 1s. 2¾d., England (nett) 97,032l. 1s. 4¾d.
Excise, ut supra, p. 350, from 24 June 1709 to 24 June 1710: England (gross) 979,430l. 12s. 7¼d., England (nett) 866,460l. 5s. 9¾d.; from 1 May 1708 to 1 May 1709: Scotland (gross) 51,558l. 13s. 11¼d., Scotland (nett) 37,653l. 15s. 4½d.
12 pence per bushel on Salt from Lady day 1710 to Lady day 1711: England (gross) 121,839l. 4s. 5¾d., England (nett) 54,519l. 9s. 5d.
2s. 4d. per bushel on Salt for same time: England (gross) 284,291l. 10s. 5.½ d., England (nett) 126,661l. 1s. 4d.; Salt inwards and outwards from Xmas 1709 to Xmas 1710: Scotland (gross) 9,007l. 9s. 3¼d., Scotland (nett) 8,983l. 12s. 10¼d.
Post Office from 25 March 1710 to 25 March 1711: England (gross) 172,259l. 1s. 0d., England (nett) 63,533l. 4s. 9d.; Scotland (gross) 3,946l. 1s. 0d., Scotland (nett) 363l. 10s. 10d.
Hackney Coaches, 24 June 1709 to 24 June 1710: England (gross) 3,040l. 15s. 0d., England (nett) 1,667l. 19s. 2d.
Hawkers and Pedlars, Xmas 1709 to Xmas 1710: England (gross) 9,430l. 11s. 0d., England (nett) 6,939l. 18s. 3½d.
Houses for windows, Lady day 1709 to Lady day 1710: England (gross) 121,871l., England (nett) 113,748l.
Stamps, 1 Aug. 1709 to 1 Aug. 1710: England (gross) 117,737l. 11s. 0d., England (nett) 85,151l. 17s. 2½d.
Malt, mum, cyder and perry, 24 June 1709 to 24 June 1710: England (gross) 520,891l. 15s. 3¾d., England (nett) 460,808l. 4s. 2¾d.; 1 May 1709 to 1 May 1710: Scotland (gross) 35l. 0s. 11¼d., Scotland (nett) 32l. 3s. of 2d.
New Duty of 3d. per barrel Excise, 25 March 1710 to 24 June 1710: England (gross) 15,287l. 6s. 8d., England (nett) 13,524l. 0s. 11½d.; Scotland (gross) 803l. 10s. 7½d., Scotland (nett) 799l. 3s. 10¾d.
Total for 1710: England (gross) 6,287,831l. 9s. 10d., England (nett) 4,866,164l. 3s. 7¾d.; Scotland (gross) 146,006l. 11s. 8d., Scotland (nett) 110,461l. 18s. 0¼d.
A State of the Revenue of Great Britain anno 1711:
Land Tax (fourteenth 4s. Aid for one year from 25 March 1711): England (gross) 1,995,851l. 0s. 5½d., England (nett) 1,905,796l. 14s. 6d.; Scotland (gross) 47,954l. 1s. 0d., Scotland (nett) 47,853l. 18s. 8½d.
Customs subsisting at the Union, ut supra, p. 349, from Xmas 1710 to Xmas 1711: England (gross) 2,063,563l. 1s. 5d., England (nett) 1,023,306l. 15s. 8d.; Scotland (gross) 52,990l. 3s. 8d., Scotland (nett) 35,086l. 9s. 5¾d.
Customs granted since the Union being, ut supra, together with Hides, Hops, Rock Salt, for same time: England (gross) 185,039l. 3s. 6¼d., England (nett) 179,116l. 17s. 9½d.; Scotland (gross) 1,726l. 0s. 4¼d., Scotland (nett) 1,538l. 17s. 7¾d.
5s. per chaldron on coals: for same time: England (gross) 139l. 8s. 3¼d., England (nett) 31l. 5s. 3¾d.
Excise, ut supra, p. 350, 24 June 1710 to 24 June 1711: England (gross) 958,450l. 18s. 5¼d., England (nett) 848,361l. 8s. 5¼d.; from 1 May 1710 to 1 May 1711: Scotland (gross) 54,189l. 4s. 9½d., Scotland (nett) 41.014l. 7s. 0½d.
12d. per bushel on Salt, Lady day 1711 to Lady day 1712: England (gross) 111,938l. 4s. 1d., England (nett) 45,533l. 9s. 3½d.
2s. 4d. per bushel on Salt: for same time: England (gross) 261,189l., England (nett) 105,587l. 10s. 5¼d.; Salt inwards and outwards from Xmas 1710 to Xmas 1711: Scotland (gross) 5,635l. 14s. 10d., Scotland (nett) 5,447l. 3s. 11¾d.
Post Office, 25 March 1711 to 25 March 1712: England (gross) 194,721l. 18s. 0d., England (nett) 86,125l. 9s. 9d.; Scotland (gross) 3,011l. 17s. 10d., Scotland (nett) 400l. 5s. 3d. Hackney Coaches, 24 June 1710 to 24 June 1711: England (gross) 3,036l. 10s. 0d., England (nett) 1,696l. 15s. 3d.
Hawkers and Pedlars, Xmas 1710 to Xmas 1711: England (gross) 9,069l. 13s. 0d., England (nett) 6,756l. 0s. 9d.
Houses, Lady day 1710 to Lady day 1711: England (gross) 115,956l., England (nett) 105,950l.
Stamps, 1 Aug. 1710 to 1 Aug. 1711: England (gross) 107,391l. 17s. 3½d., England (nett) 81,622l. 12s. 3¼d.
Malt, mum, cyder and perry, 24 June 1710 to 24 June 1711: England (gross) 586,604l. 10s. 0¾d., England (nett) 505,135l. 14s. 9¼l.; mum 1 May 1710 to 1 May 1711: Scotland (gross) 2,389l., Scotland (nett) 20l. 13s. 7d.
3d. per barrel Excise same time: England (gross) 59,686l. 6s. 8¼d., England (nett) 52,830l. 12s. 11½d.; Scotland (gross) 3,214l. 2s. 6½d., Scotland (nett) 3,196l. 15s. 6¾d.
New Duty on Candles, 1 May 1710 to 1 May 1711: England (gross) 67,420l. 7s. 1½d., England (nett) 58,317l. 10s. 4½d.; Scotland (gross) 2,589l. 13s. 5¼d., Scotland (nett) 2,395l. 12s. 3¾d.
Clerks and Apprentices same time: England (gross) 3,774l. 16s. 10¼d., England (nett) 3,160l. 2s. 5¾d.
New House Duties, Michaelmas 1710 to Lady day 1711: England (gross) 21,305l., England (nett) 20,372l.: Scotland (gross) 32l. 9s. 7d., Scotland (nett) nil.
Total for 1711: England (gross) 6,745,137l. 17s. 2¾d., England (nett) 5,029,704l. 0s. 3½d.; Scotland (gross) 171,366l. 16s. 6¾d., Scotland (nett) 136,955l. 3s. 6¼d.
State of the Revenue of Great Britain anno 1712:
Land Tax (the fifteenth 4s. Aid for one year from 25 March 1712): England (gross) 1,994,644l. 8s. 4d., England (nett) 1,895,943l. 4s. 5d.; Scotland (gross) 47,954l. 1s. 0d., Scotland (nett) 47,954l. 1s. 0d.
Customs subsisting at the Union, ut supra, p. 349, from 25 Dec. 1711 to 25 Dec. 1712: England (gross) 1,964,588l. 6s. 5¼d., England (nett) 1,178,644l. 8s. 11d.; Scotland (gross) 43,680l. 11s. 7¾d., Scotland (nett) 21,702l. 16s. 1d.
Customs granted since the Union, ut supra, for same year: England (gross) 225,798l. 6s. 4¼d., England (nett) 216,306l. 2s. 0¼d.; Scotland (gross) 2,023l. 14s. 6½d., Scotland (nett) 875l. 15s. 10d.
Excise, ut supra, p. 350, from 24 June 1711 to 24 June 1712: England (gross) 970,851l. 3s. 9½d., England (nett) 859,338l. 8s. 11¼d.; Excise from 1 May 1711 to 1 May 1712: Scotland (gross) 60,071l. 19s. 0¼d., Scotland (nett) 46,195l. 1s. 9¾d.
12d. per bushel on Salt from Lady day 1712 to Lady day 1713: England (gross) 110,160l. 7s. 11d., England (nett) 43,770l. 4s. 9d.
2s. 4d. per bushel on Salt for same time: England (gross) 257,040l. 18s. 5d., England (nett) 101,698l. 3s. 11d.; Excise on Salt inwards and outwards from Xmas 1711 to Xmas 1712: Scotland (gross) 6,697l. 13s. 5¼d., Scotland (nett) 6,397l. 13s. 4¼d.
Post Office from 25 March 1712 to 25 March 1713: England (gross) 190,305l. 15s. 5d., England (nett) 94,311l. 6s. 11d.; Scotland (gross) 2,954l. 0s. 7d., Scotland (nett) 224l. 0s. 7d.
Hackney Coaches and Chairs from 24 June 1711 to 24 June 1712: England (gross) 3,169l. 10s. 0d., England (nett) 1,773l. 12s. 8d.
Hawkers and Pedlars for same time: England (gross) 8,842l. 3s. 0d. England (nett) 6,599l. 10s. 5d.
Houses for windows from Lady day 1711 to Lady day 1712: England (gross) 112,820l., England (nett) 103,107l.
Stamps from 1 Aug. 1711 to 1 Aug. 1712: England (gross) 107,391l. 17s. 3½d., England (nett) 81,622l. 12s. 3¼d.
Malt, mum, cyder and perry from 24 June 1711 to 24 June 1712: England (gross) 592,683l. 10s. 1¾d., England (nett) 502,816l. 17s. 5¼d.: Duty on mum from 1 May 1711 to 1 May 1712: Scotland (gross) 10l. 10s. 7½d., Scotland (nett) 9l. 14s. 10d.
New Duty of 3d. per barrel Excise from 24 June 1711 to 24 June 1712: England (gross) 59,285l. 0s. 1½d., England (nett) 52,475l. 7s. 2½d.; Scotland (gross) 3,214l. 2s. 6½d., Scotland (nett) 3,196l. 15s. 6¾d.
New Duty on Candles from 25 March 1711 to 25 March 1712: England (gross) 58,037l. 13s. 7d., England (nett) 49,961l. 18s. 6¾d.; from 1 May 1711 to 1 May 1712: Scotland (gross) 2,002l. 15s. 0¼d., Scotland (nett) 1,844l. 4s. 4½d.
Clerks and Apprentices from 1 May 1711 to 1 May 1712: England (gross) 3,699l. 0s. 10¼d., England (nett) 3,160l. 2s. 5¾d.; Scotland (gross) 108l. 4s. 9d., Scotland (nett) nil.
New Duties on Houses from Lady day 1711 to Lady day 1712: England (gross) 41,071l., England (nett) 39,546l.
Additional Duty on Candles from the commencement thereof on 25 March 1711 to 25 March 1712: England (gross) 60,104l. 13s. 5¼d., England (nett) 53,645l. 7s. 11¾d.; Scotland (gross) 1,762l. 8s. 8¼d., Scotland (nett) 1,541l. 1s. 10¾d.
Duty on Hops from the commencement thereof on 1 June 1711 to 24 June 1712: England (gross) 50,184l. 10s. 11½d., England (nett) 46,435l. 18s. 0½d.; for stock in hand 1 June 1711: Scotland (gross) 63l. 4s. 11¼d., Scotland (nett) 59l. 8s. 7½d.
Duty on Hides and Skins from its commencement on 24 June 1711 to 24 June 1712: England (gross) 115,758l. 2s. 8½d., England (nett) 85,245l. 19s. 6½d.; Scotland (gross) 4,614l. 0s. 2¾d., Scotland (nett) 2,956l. 2s. 8¼d.
New Duty on Stamps from its commencement 1 Aug. 1711 to 1 Aug. 1712: England (gross) 12,775l. 3s. 5¾d., England (nett) 8,989l. 1s. 9d.; Scotland (gross) 234l. 14s. 2d., Scotland (nett) 67l. 10s. 0d.
Total for 1712: England (gross) 6,939,211l. 12s. 3d., England (nett) 5,425,389l. 8s. 2¾d.; Scotland (gross) 175,392l. 1s. 2¼d., Scotland (nett) 133,024l. 6s. 7¾d.
State of the Revenue of Great Britain anno 1713:
Land Tax (the third 2s. Aid for one year from 25 March 1713): England (gross) 997,322l. 4s. 2d., England (nett) 960,947l. 10s. 9½d.; Scotland (gross) 23,977l. 0s. 7d., Scotland (nett) 23,977l. 0s. 7d.
Customs subsisting at the Union, ut supra, p. 349, from Xmas 1712 to Xmas 1713: England (gross) 2,164,603l. 7s. 6½d., England (nett) 1,110,111l. 2s. 0¾d.; Scotland (gross) 48,499l. 9s. 3d., Scotland (nett) 23,235l. 14s. 3d.
Excise from 24 June 1712 to 24 June 1713: England (gross) 995,347l. 10s. 6¾d., England (nett) 885,910l. 10s. 2¾d.; Excise from 1 May 1712 to 1 May 1713: Scotland (gross) 62,204l. 15s. 11¼d., Scotland (nett) 48,201l. 17s. 0¾d.
12d., per bushel on Salt from Lady day 1713 to Lady day 1714: England (gross) 144,429l. 11s. 2¾d., England (nett) 41,413l. 19s. 8d.
2s. 4d. per bushel on Salt for same time: England (gross) 337,002l. 6s. 2½d., England (nett) 96,455l. 0s. 1½d.; Excise on Salt inwards and outwards from Xmas 1712 to Xmas 1713: Scotland (gross) 9,415l. 19s. 2¼d., Scotland (nett) 9,149l. 6s. 3½d.
Post Office from 25 March 1713 to 25 March 1714: England (gross) 189,200l. 18s. 10d., England (nett) 85,718l. 13s. 6d.; Scotland (gross) 2,855l. 14s. 2d., Scotland (nett) 244l. 14s. 3d.
Hackney Coaches and Chairs from 24 June 1712 to 24 June 1713: England (gross) 3,211l. 10s. 0d., England (nett) 1,852l. 16s. 2½d.;
Hawkers and Pedlars from Xmas 1712 to Xmas 1713: England (gross) 8,436l. 10s. 0d., England (nett) 6,128l. 11s. 9½d.
Duty on Houses for windows from Lady day 1712 to Lady day 1713: England (gross) 112,531l., England (nett) 102,629l.
Stamps from 1 Aug. 1712 to 1 Aug. 1713: England (gross) 107,391l. 17s. 3½d., England (nett) 81,622l. 12s. 3¼d.
Malt, mum, cyder and perry from 24 June 1712 to 24 June 1713: England (gross) 661,033l. 16s. 3¼d., England (nett) 561,089l. 16s. 9d.
New Duty of 3d. per barrel Excise from 24 June 1712 to 24 June 1713: England (gross) 60,888l. 10s. 6½d., England (nett) 54,193l. 18s. 5¼d.; Scotland (gross) 3,214l. 2s. 6½d., Scotland (nett) 3,196l. 15s. 6¾d.
New Duty on Candles from 25 March 1712 to 24 June 1713: England (gross) 67,304l. 3s. 0¼d., England (nett) 58,236l. 13s. 7¼d.; from 1 May 1712 to 24 June 1713: Scotland (gross) 2,118l. 10s. 8d., Scotland (nett) 1,854l. 0s. 3¾l.
Clerks and Apprentices from 1 May 1712 to 1 May 1713: England (gross) 3,744l. 1s. 0¾d., England (nett) 3,160l. 2s. 5¾d.; Scotland (gross) 63l. 4s. 6d., Scotland (nett) nil.
New Duty on Houses from Lady day 1712 to Lady day 1713: England (gross) 41,120l., England (nett) 39,591l.
Additional Duties on Candles from 25 March 1712 to 24 June 1713: England (gross) 67,304l. 3s. 0d., England (nett) 58,247l. 10s. 5¼d.; Scotland (gross) 2,203l. 0s. 10¼d., Scotland (nett) 1,926l. 7s. 4½d.
Duty on Hops from 24 June 1712 to 24 June 1713: England (gross) 30,278l. 16s. 0¼d., England (nett) 26,635l. 6s. 6¼d.
Hides and Skins for same time: England (gross) 100,779l. 14s. 6l., England (nett) 71,520l. 15s. 9¼d.; Scotland (gross) 3,389l. 1s. 10¾d., Scotland (nett) 2,089l. 6s. 4d.
New Stamp Duties from 1 Aug. 1712 to 1 Aug. 1713: England (gross) 12,775l. 3s. 5¾d., England (nett) 8,989l. 1s. 9d.; Scotland (gross) 234l. 14s. 2d., Scotland (nett) 67l. 10s. 0d.
Soap, paper, calicoes &c. from their commencement on 10 June, 24 June and 20 July 1712 to 24 June 1713: England (gross) 150,030l. 3s. 3d., England (nett) 140,845l. 5s. 8½d.
Duties on wire, starch &c. from their commencement on 1 Aug. 1712 to 24 June 1713: England (gross) 17,502l. 16s. 9d., England (nett) 16,329l. 11s. 0½d.; Scotland (gross) 2,160l. 10s. 10d., Scotland (nett) 1,941l. 19s. 1¾d.
Additional Duties on Hides and Skins from their commencement on 1 Aug. 1712 to 24 June 1713: England (gross) 49,187l. 8s. 8d., England (nett) 37,608l. 8s. 5½d.
Stamp Duties and Policies from their commencement on 1 Aug. 1712 to 1 Aug. 1713: England (gross) 14,026l. 13s. 5¾d., England (nett) 10,448l. 1s. 6½d.; Scotland (gross) 720l. 4s. 2¼d., Scotland (nett) 290l.
Total for 1713: England (gross) 6,659,328l. 0s. ¼d., England (nett) 4,766,266l. 8s. 2½d.; Scotland (gross) 165,904l. 3s. 0½d., Scotland (nett) 120,109l. 0s. 6¼d.
State of the Revenue of Great Britain anno 1714.
Land Tax (being the fourth 2s. Aid for one year from 25 March 1714): England (gross) 996,611l. 15s. 11½d., England (nett) 965,402l. 18s. 4¾d.; Scotland (gross) 23,977l. 0s. 7d., Scotland (nett) 23,977l. 0s. 7d.
Customs subsisting at the Union: from Xmas 1713 to Xmas 1714: England (gross) 2,367,024l. 1s. 3d., England (nett) 1,437,292l. 3s. 0¾d.; Scotland (gross) 45,746l. 5s. 11¾d., Scotland (nett) 23,615l. 4s. 0½d.
Customs granted since the Union for same time: England (gross) 337,977l. 12s. 11¾d., England (nett) 317,034ll. 13s. 1¼d.; Scotland (gross) 1,612l. 13s. 9d., Scotland (nett) 1,188l.
Excise from 24 June 1713 to 24 June 1714: England (gross) 1,041,192l. 4s. 4d., England (nett) 932,034l. 3s. 5½d.; from 1 May 1713 to 1 May 1714: Scotland (gross) 53,893l. 13s. 9¼d., Scotland (nett) 29,888l. 1s. 0¼d.
12d. per bushel on salt from Lady day 1714 to Lady day 1715: England (gross) 162,842l. 12s. 7½d., England (nett) 42,881l. 6s. 2½d.; salt inwards and outwards from Xmas 1713 to Xmas 1714: Scotland (gross) 11,473l. 1s. 7d., Scotland (nett) 11,325l. 1s. 7d.
2s. 4d. per bushel on salt for same time: England (gross) 380,007l. 6s. 5¾d., England (nett) 100,024l. 13s. 1d.
Post Office from 25 March 1714 to 25 Dec. 1714: England (gross) 131,610l. 11s. 1d., England (nett) 71,053l. 10s. 4d.; Scotland (gross) 2,253l. 8s. 1d., Scotland (nett) 200l. 9s. 5d.
Hackney Coaches from 24 June 1713 to 24 June 1714: England (gross) 3,217l. 4s. 5d., England (nett) 1,926l. 0s. 0d.
Hawkers and Pedlars from Xmas 1713 to Xmas 1714: England (gross) 6,590l. 3s. 0d., England (nett) 4,486l. 4s. 3d.
Houses from Lady day 1713 to Lady day 1714: England (gross) 110,372l., England (nett) 100,398l.
Stamps from 1 Aug. 1713 to 1 Aug. 1714: England (gross) 107,391l. 17s. 3½d. England (nett) 81,622l. 12s. 3½d.
Malt, mum, cyder and perry from 24 June 1713 to 24 June 1714: England (gross) 536,754l. 11s. 8½d., England (nett) 451,417l. 6s. 6½d.
New Duty of 3d. per barrel Excise for same time: England (gross) 61,059l. 1s. 2½d., England (nett) 54,657l. 13s. 2½d.; Scotland (gross) 3,214l. 2s. 6½d., Scotland (nett) 3,196l. 15s. 6¾d.
New Duty on Candles for same time: England (gross) 62,290l. 8s. 5½d., England (nett) 55,284l. 7s. 4¼d.; Scotland (gross) 1,657l. 6s. 11½d., Scotland (nett) 1,428l. 8s. 3½d.
Clerks and Apprentices from 1 May 1713 to 1 May 1714: England (gross) 3,640l. 17s. 3¼d., England (nett) 3,160l. 2s. 5¾d.; Scotland (gross) 166l. 8s. 4d., Scotland (nett) nil.
New Duty on Houses for windows from Lady day 1713 to Lady day 1714: England (gross) 39,709l., England (nett) 37,929l.
Additional Duty on Candles from 24 June 1713 to 24 June 1714: England (gross) 62,290l. 8s. 5½d., England (nett) 55,288l. 6s. 8¼d.; Scotland (gross) 1,762l. 8s. 8¼d., Scotland (nett) 1,541l. 1s. 10¾d.
Duty on Hops for same time: England (gross) 23,018l. 12s. 1½d., England (nett) 17,829l. 17s. 5¼d.
Hides and Skins for same time: England (gross) 107,442l. 6s. 3¼d., England (nett) 81,231l. 13s. ¾d.; Scotland (gross) 2,948l. 8s. 6¾d., Scotland (nett) 1,874l. 1s. 5¾d.
New Duties on Stamped paper &c. from 1 Aug. 1713 to 1 Aug. 1714: England (gross) 12,775l. 3s. 5¾d., England (nett) 8,989l. 1s. 9d.; Scotland (gross) 234l. 14s. 2d., Scotland (nett) 67l. 10s. 0d.
New Duty on soap, paper and calicoes from 24 June 1713 to 24 June 1714: England (gross) 137,056l. 11s. 1¾d., England (nett) 124,407l. 6s. 0¼d.,; Scotland (gross) 1,418l. 13s. 7¾d., Scotland (nett) 1,318l. 3s. 1d.
Duty on wire and starch for same time: England (gross) 16,229l. 6s. 2¼d. England (nett) 14,177l. 1s. 1½d.; Scotland (gross) 2,295l. 15s. 4½d., Scotland (nett) 1,919l. 9s. 7d.
Additional Duty on hides and skins for same time: England (gross) 64,229l. 8s. 7½d., England (nett) 49,227l. 14s. 11¼d.
Stamp Duties and policies from 1 Aug. 1713 to 1 Aug. 1714: England (gross) 14,026l. 13s. 5¾d., England (nett) 10,448l. 1s. 6½d.; Scotland (gross) 720l. 4s. 2¼d., Scotland (nett) 290l. Total for 1714: England (gross) 6,785,359l. 17s. 10d., England (nett) 5,018,203l. 16s. 8¾d.; Scotland (gross) 153,374l. 6s. 2½d., Scotland (nett) 101,829l. 6s. 5d.
Observations on the preceding states of the Revenue of Great Britain.
1. Land Tax is stated according to the sum granted by Parliament and the nett produce remains after deduction of 6½d. per 100l. for charges of collection “and so much more as by the account from the Auditor of the Exchequer appears to have been received for the Deficiency of that year”.
2. The revenue of Customs subsisting at the Union are charged with legal allowances and charges of management incurred in each preceding year: but to balance that in 1714 there is charged [deducted] only the legal allowances and charges of management actually paid in that year.
3. Perceiving that the several Offices have different days of the year to which they make up and balance their annual accounts and that any accounts made up to other days were impeacheable, therefore the Commissioners have stated the annual accounts from the days to which they are brought and balanced in the several offices.
4. There is no more of the revenue of the Crown [the Civil List Revenue] brought into these accounts than what arises out of the Customs, Excise and Post Office. The other branches of the Crown Revenue are left out of the accounts of both nations, as not of any importance to the present question. They are, however, made up as they stood both before and after the Union in both nations so as they may be added if thought necessary.
5. The old Duties on stamped paper &c. are taken from a medium of eight years: the Clerks and Apprentices Duties from a medium of five years: the new Duties on stamps &c. of both nations and the second Duty on Candles in Scotland are taken from a medium of four years of their produce.
6. The Duty on Candles anno 1710 in England, Duty on Hops, Duties on soap, paper &c., Duties on Wire and Starch, Additional Duties on Hides in both parts of the United Kingdom and the first and second Duties on Candles in Scotland are all carried from the respective terms of their commencement to their annual balancing day under their management “so that all that the Commissioners could do was to take care that the same length and space of time should be in each annual account, though it cannot be brought to the same precise days”
Memorandum: There were some other Duties granted, of which there is no mention made in the foregoing state of the Revenue of Scotland, because the Commissioners have not hitherto obtained any account of the nett produce of those branches.
There were likewise other Duties granted which commenced in the months of May, August &c. 1714 and are not brought into the state of the revenue: because this [state] is only intended for seven years and at Xmas 1714 it determines.
Another direction in the Act of Parliament is [for us, the Commissioners herein] to take and state what proportion of the increase of the Customs and Excise of Scotland over and above the produce thereof as stated in the 15th article of Union are and will be (after the expiry of seven years mentioned in that article) applicable to the payment of the Debts of England contracted before the Union.
An account of the present appropriations of the Customs and Duties (on exports and imports) which took place in Scotland with the Union:
£ s. d.
The New Subsidy or Additional Subsidy of Tonnage and Poundage during his [William Ill's] Majesty's life: for the Civil Government 5,669 0 0
Coinage Duty: for the Mint 164 8 5½
Four and a Half per cent. Duty in Barbados 144 9 10
25 per cent. additional Duties on French goods 241 9 4
Plantation Duties 19 12 4½
The two last make part of the Aggregate Fund for the Bank since [after] the year 1715: so that all the four last mentioned Duties making 570l. are reckoned at present [as] for the public Service.
One half the old Tonnage and Poundage granted for 96 years for Annuities for the service of the year 1708: value 3,266l. 7s. 8¼d., whereof:
for the Debts of Britain		 2,613 2 2
for the Debts of England 653 5 6¼
The other half Tonnage and Poundage for the service of the year 1709: value 3,266l. 7s. 8¼d., whereof:
for the Debts of Britain		 2,613 2 2
for the Debts of England 653 5 6¼
Two Thirds Subsidy, New Duty [on Coffee] and New Additional Duty on Coffee for ever, for the service of the year 1709: value 6,183l., whereof:
for the Debts of Britain		 4,946 8 0
for the Debts of England 1,236 12 0
Impositions on Wine and Vinegar, tobacco, East India goods, Additional Impositions, whale fins, for ever: for the South Sea Company: value 9,265l. 4s. 7½d., whereof:
for the Debts of Britain		 7,721 0 6¼
for the Debts of England 1,544 4 1¼
Half Subsidy for the Debts of England: annual value 1,780 0 0
—
total of Customs, Scotland £30,000 0 0
Hereditary and Temporary Excise: [part of the total Excise] for the Civil Government 9,539 0 0
3,700l. per week of Excise for payment of Annuities [funded or sold] before the Union: value 6,802 0 0
[the 99 year] 9d. per barrel Excise for the Debts of England, part for Annuities, part for lives: value 4,682 0 0
the Bank 9d. per barrel Excise, part in perpetuity, part for 99 years and part for lives: for payment of the Debts of England: value 4,860 0 0
the [Lottery] 9d. per barrel Excise for Lottery tickets and afterwards for Annuities: for payment of the Debts of England: value 3,699 0 0
Duty on Low Wines: for upwards of 90 years: for [payment of the] Debts of England: value 893 0 0
The Surplus of the Lottery 9d.: for upwards of 90 years: for [payment of the] Debts of England: value 1,953 15 1
the Surplus of the Bank 9d. and the 99 years' [annuities] 9d. likewise for upwards of 90 years: [appropriated] for the service of the year 1708: whereof:
for the Debts of Britain		 856 19 11
for the Debts of England 214 5 0
—
total of Excise, Scotland £33,500 0 0
If 30,000l. Customs of Scotland as now appropriated contributes towards
£ s. d.
the Civil Government 5,669 0 0
the Mint and the Bank 570 0 0
the Debts of Britain 17,893 12 10¼
the Debts of England 5,867 7 1¾
— £30,000
then every 1,000l. of Increase [of the Scotch Customs revenue] will contribute towards:
£ s. d.
the Civil Government 188 19 4
the Mint and the Bank 19 0 0
the Debts of Britain 596 9 1
the Debts of England 195 11 7
— £1,000
If 33,500l. Excise revenue of Scotland as now appropriated contributes towards:
£ s. d.
the Civil Government 9,539 0 0
the Debts of England 23,104 0 1
the Debts of Britain 856 19 11
— £33,500
then every 1,000l. of Increase of Excise revenue in Scotland will contribute towards:
£ s. d.
the Civil Government 284 14 11
the Debts of England 689 13 5¼
the Debts of Britain 25 11 7¾
— £1,000
The next Direction in the Act of Parliament is to take an account of what parts of the Duties imposed since the Union are and will be applicable to the payment of the Debts of England incurred before the Union.
In answer to this the Commissioners beg leave to refer to the accounts of the Funds granted for raising supplies for the service of the years 1708, 1709, 1710 and 1711 set down above, pp. 349–353, and thereby it will appear what the funds are, the times and purposes for which they are granted and what proportion is and will be due by way of Equivalent after the 1st of May 1714. And what is due before that time is stated supra, pp. 347–9.
The Commissioners, by a clause in this Act for the relief of the Creditors of the public in Scotland and of the Commissioners of the Equivalent, are directed to bring into the accounts to be stated by them the sums to be advanced and paid to the Commissioners of the Equivalent for the purposes in that clause mentioned, chargeable upon any moneys that then were or thereafter should be found due to Scotland.
The Public Debts chargeable upon the Equivalent due and growing due to Scotland stand thus:
£ s. d.
By an Act 12 Anne entituled an “Act to acquit and discharge the Commissioners of the Equivalent,” &c. the public debts of Scotland then unsatisfied which were adjusted and certified pursuant to several Acts of Parliament therein recited on the 24th June 1714 amounted to 230,308 9 105/6
Nota: This sum by the above Act bears interest at 5 per cent. per an. after the said 24 June 1714.
By an Act of 1 Geo. I entituled an Act for relieving William Paterson, Esq., out of the Equivalent Money for what is due to him there is a further sum chargeable upon this [Equivalent] Fund of		 18,241 10 102/3
—
£248,550 0 9½
This bears interest at 5 per cent. after 24 June 1715.
The sum authorised to be advanced by the aforesaid clause is 15,822l. 8s. 7¾d., to be applied for payment of one year's interest of the first mentioned Debts of 230,308l. 9s. 105/6 from 24 June 1714 to 24 June 1715, and the remainder for the fees, salaries and incidents of the Commissioners of the Equivalent and their servants for that time: and this sum of 15,822l. 8s. 7¾d. is to be charged upon any part of the Equivalent stated due to Scotland.
The Commissioners will not presume to make at this time any full state of the Equivalent due and growing due to Scotland in the terms of the Union, because in the several cases mentioned in this Report difficulties arise which they cannot take upon themselves to determine. And upon the whole matter for the reasons offered, supra, p. 357. they are far from apprehending that this can be a decisive state of the accounts arising upon the agreements in the Treaty of Union. Neither dare they affirm that in examining and stating the numerous accounts which now lie before them there are not errors and mistakes, the time having been so short since receiving answers to their precepts.
The Commissioners humbly offer their report to his Majesty and both Houses of Parliament, praying liberty of altering and amending as shall appear just and equitable upon coming to a more full and exact knowledge of this matter.
Scotland Yard. Jno. Selwyn.
1 June 1717. Hen. Cartwright.
Sn. Bisse.
Jno. Baird.
Pat Campbell.
Jno. Forbes.
This is a true copy.
Danl. Campbell, Accomptant
[to the said Commissioners.] (fn. 1)
T 64/236.
June 1. Treasury reference to the Secretary at War of the petition of the Mayor &c. of Oxford shewing that during the time that Col. Handasyde's Regiment quartered there (which was from the 3rd November 1715 to the 23 July 1716) the City of Oxford by the particular direction of the Commanding Officers laid out and expended for the use of the Guards 31l. 16s. 4d. for sea coals, 12l. 6s. 11d. for candles, faggots &c. and 9s. 0d. for a Guard Room for the Officers. Therefore pray repayment. Reference Book IX, p. 329.
Treasury warrant to the Board of Works to perform works as follows about the water engine at Windsor.
Prefixing: report by Sir Christopher Wren et al. dated May 22 on the state and condition of the engine at Windsor and how the same may best be re-edified as by the order of reference of May 1, supra, p. 288.
We have viewed the engine and the situation and channel by which the water is conveyed to the Mill from the Thames and find the particulars to be as represented by Sir John Vanbrugh in his memorial.
(1) The forcing engine in all its parts must be [made] entirely new.
(2) The house for the engine and the keeper thereof and the sluices, mill frame and great water wheel must be all rebuilt.
(3) The channel that brings the water from the river to drive the mill being 3,050 feet in length and 30 feet broad must be cleansed and deepened.
(4) The channel which should carry off the floods and backwaters want clearing and two new bridges to be made over the same for the passage of the barge horses.
(5) The jetty or pier head which is placed in the river to throw the water into the mill channel is quite ruined by floods and length of time and must be all made good.
(6) The ground about the engine house, mill frame and sluices must be raised higher to defend the mill and works from the floods and ice in winter.
The above works are necessary to make the engine serviceable, without which the castle is left in a manner destitute, of water. We estimate the cost to be 1,600l. including making dams, pumping water and other incidents. Warrants not Relating to Money XXIV, p. 112.
June 3. Money warrant for 1,000l. to Anthony Cracherode as imprest for Crown law charges. (Money order dated June 4 hereon.) (Letter of direction dated June 13 hereon.) Money Book XXV, p. 320. Order Book IX, p. 413. Disposition Book XXIII, p. 298.
C. Stanhope to Mr. Thos. Jenkin. I have read to my Lords your petition for leave to go to St. Malo to attend the execution of a commission out of the Exchequer Court for examining witnesses relating to a parcel of coffee seized by you and some other officers of the Customs. My Lords grant you leave accordingly. Out Letters (General) XXII, p. 193.
Treasury reference to the Comptrollers of Army Accounts of the petition of Gilbert More shewing that by virtue of a commission from Major General Whetham and continued by the Duke of Argyll he provided dry forage, coals, candles and straw for tents &c. for his Majesty's Forces encamped at Stirling during the late Rebellion: therefore praying payment of the balance of his account amounting to 2,177l. 3s. 11¾d. (Re-referred 10 Oct. 1717.) Reference Book IX, p. 328.
Treasury warrant to the Salt Commissioners to cause John Rutherford to be enlarged from his imprisonment in Durham gaol on a debt of 382l. for Salt Duties for which be became bound on the account of Capt. Philip Bickerstaff.
Prefixing report by said Commissioners dated Salt Office 26 Aug. 1715 on the said Rutherford's petition. Petitioner became bound to the King in 1694, 1695 and 1696 together with Valentine Rilston, Christopher Frankling and Andrew Johnson and for many years nothing could be recovered of them. But about six years since the Commissioners were informed that petitioner was possessed of corn and other goods of a considerable value and an extent was taken out and 144l. 11s. 0d. was levied thereon and he was taken up by virtue of the said extent and has lain in Durham gaol ever since. We cannot hear of any further effects he has and have no objection to his enlargement since the judgment against him will still continue in full force for the remainder of his-debt. Warrants not Relating to Money XXIV, p. 207.
June 4. Money warrant for 53l. 15s. 5d. to John Livesay for the surplusage on his account as Sheriff of Co. Beds for the year ended 1716 Sept. 29. (Money order dated July 3 hereon.) (Letter of direction dated June 15 hereon.) Money Book XXV, p. 313. Order Book IX, p. 414. Disposition Book XXIII p. 298.
Money order for 100l. each to the Judges of Wales for Easter term 1717 on their allowance of 400l. per an. payable termly, viz., to
William Jessop as Chief Justice of Carnarvon, Merioneth and Anglesea.
Roger Cumberbache as Second Justice there.
William Wright as Chief Justice of Glamorgan, Brecon and Radnor.
Edward Whitaker as Second Justice there.
Richard Vaughan as Chief Justice of Carmarthen, Pembroke and Cardigan.
Henry Beeston as Second Justice there. Order Book IX, p. 416.
June 4. Money order for 25l. to Sir William Sympson, Fifth Baron of the Exchequer, on his allowance of 100l. per an. in Augmentation of the profits of his office: and is for Easter term 1717. Ibid., p. 409.
Same for 100l. to Count Gyllenborg, the Swedish Envoy, for one month to the 1st inst. on the allowance of 100l. per month “which his Majesty is pleased to make him during his continuance under arrest at his Majesty's Castle of Plymouth”. Ibid., p. 412.
Same for 50l. to Daniel Smith for the quarter ended June 2 on his allowance as Lieutenant Governor of Nevis. Ibid., p. 474.
William Lowndes to the Taxes Commissioners. My Lords have read your representation of the 1st inst. about Mr. Baugham's arrears as Receiver General of Taxes for Co. Hereford. You are to enquire as to the ability of him and his securities to answer the said arrears and to give my Lords your opinion whether it is advisable to continue him as Receiver. Out Letters (General) XXII, p. 193.
Same to the Surveyor General [of Crown Lands]. It is the King's pleasure to grant to the Rt. Honourable James Stanhope a lease of a house now in his possession in Whitehall, in consideration of what he has expended thereon in improvements. Please lay before my Lords a value of the premises. Ibid., p. 194.
Same to the Barons of the Exchequer in Scotland to report on the inclosed petition [missing] of Robert Arbuthnot and John Philps, late Auditors of the Revenue in Scotland, representing many facts relating to their employment and praying to be restored. You are to let my Lords know how and by whom the said office is now executed. Ibid.
R. Powys to Mr. Sedgwick. A warrant has been brought to the Treasury for two new candlesticks for the King's chapel. The Treasury Lords direct you to attend them here tomorrow morning at 11 of the clock with an account of the weight of that candlestick that is remaining in the Chapel and also of the quantity of silver that is to be added for making the other. Ibid.
C. Stanhope to the Customs Commissioners. By the King's command the Earl of Sunderland has sent to my Lords the enclosed memorial of Monsieur Van Borsele, Envoy from the States General, concerning the ship Mary laden with coffee which is seized by some officers of the Customs. My Lords direct you to report to them thereon. Ibid., p. 195.
June 5. William Lowndes to same to report on the enclosed replication [missing] which Crewe Offley, Esq., and Richard Perry have made to your report on the case of John Offley (about Mr. Offley's debt). Ibid.
June 5. Treasury reference to the Comptrollers of Army Accounts of the petition of John Conduitt shewing that it appears by the annexed vouchers [missing] that between 7 April and 3 May 1713 pursuant to orders of the Governor of Gibraltar petitioner bought several quantities of provisions for the immediate preservation of that place amounting to 1,110l. 9s. 9d., which is still unpaid, to his great detriment, the merchants demanding 5 per cent. interest from the time his bills became due. Therefore petitioner prays payment out of the 1,900l. stopped from Mr. Missing for provisions delivered to him [Missing] by the petitioner. Reference Book IX, p. 329.
Royal warrant dated St. James's to the Keeper of the seal appointed to be kept in lieu of the Great Seal of Scotland and to the Barons of the Exchequer in Scotland to. stop “until our further pleasure be known therein” the execution of the royal warrant of April 9 last, supra, p. 248, which directed a grant to John Ewin of Craytoun of the office of Chamberlain and Collector of the rents &c. payable to the Crown out of the estates of Orkney and Zetland held by James, Earl of Morton, his heirs and assigns. Out Letters (North Britain) IV. p. 83.

Footnotes

  • 1. The above Interim Report from the Commissioners of the Equivalent should or ought to be of great value for the history of the financial relations between England and Scotland during the early days of the Union. But in the form in which it is conceived and in the manner in which it is drawn it entirely fails of such purpose. The main idea underlying the Equivalent is that the Union should not entail on Scotland any liability for the purely English pre-Union public or national debt. This idea was expressed and provided for with perfect fidelity in the Treaty of Union. It was recognised that after the consolidation of the financial systems of England and Scotland the contributions which Scotland would make to the common purse would supply or yield a pro rata contribution annually to the service of such English public debt as had been created before the Union and remained still unliquidated. The then present values in 1707 of the prospective amount or extent of this Scotch post-Union contribution to English pre-Union debt was calculated actuarially and the figure arrived was styled the Equivalent—the sum which England ought to pay to Scotland as the immediate or present value of Scotland's future contribution to purely English pre-Union debt. The calculations as appended to the Treaty of Union are complete, exhaustive and reliable. They are the products of a master mind in national finance. The English pre-Union debt is calculated and its service and its amortization. Then the taxation capacity of England separately and of Scotland separately is calculated on the basis of the yield of the Customs and Excise of the two countries separately before the Union. Then the ratio of this tax yield is taken as the basis of the calculation of the purely Scotch contribution to the future service and amortization of purely English pre-Union debt from the moment of the consolidation of the two financial systems. The actuarial calculation of the present value of this future contribution by Scotland yielded a sum of 398,085l. 10s. 0d., which was accepted on both sides as the Equivalent and which England paid to Scotland in full within a few months of the Treaty of Union.This was eminently fair and the whole procedure was a model of financial skill and correctness and rectitude.But the matter did not rest there. Provision was made by the Treaty that the operation of the Union on the financial fortunes of Scotland should be watched for a trial period of seven years, so that if it was found at the end of that trial period that the ratio of tax yield had changed in Scotland's disfavour, if the scales had been tilted against her by any change in financial capacities or conditions as between the two countries, then Scotland should be entitled to a second or further Equivalent, to be calculated on the same principles of comparative yield of Customs and Excise. It is this calculation which forms the substance of the Interim Report here printed.In every way, as a Report, as a financial document, as a contribution to the subject in hand, this Interim Report is hopeless. The figures are incomplete, they are unreliable; the procedure and presentation of the subject is confused in itself and baffling to the point of exasperation. It arrives at no clear cut conclusion, and part of it is confessedly of the nature of a recalcitrant minority report. It could have formed no true guide or instruction to the House of Commons in the understanding of the subject or in the preparation of a remedial bill. In the first place, the statement of revenue receipts during the seven year period 1707–14 is incomplete and unreliable. Guesses are made from averages, and blanks are left where actual figures were unattainable. This defect was due to the accounting system of time and is forgivable. To-day the actual figures of revenue receipts under all heads, whether of direct or indirect taxes, are available in the tables of Revenue and Expenditure printed in the Introductions to the successive volumes of this Calendar. So that this particular defect is reparable. The exact account of comparative tax yield of Scotland as against England can be constructed to-day with certainty, whereas in 1717 it could only be guessed at or imperfectly arrived at only by averages.In the second place, and this is a more serious defect, the nature of the public debt was misconceived so far as concerned the floating Departmental debt. Take, for instance, the statement of the Navy debt on p. 328. From that statement the inference might be drawn that the Navy debt outstanding at June 1707 was practically wiped out by 1711. It would take much more space than can be spared for a footnote to expose this elemental misconception. Every spending Department was financed on a yearly credit plan, by loans re-paid as for each past year and re-borrowed as for each current year. The more permanent or standing part of the Department's debt lay beneath the surface of this yearly credit cycle. To provide for the one did not by any means imply a providing for the other. Both items were floating Departmental Debt, but they did not rank equally or pari passu for liquidation.Finally, although the wording of Clause 15 of the Act of Union is vague in its expression as to future liabilities and contingencies, it is indisputable that all Parliamentary debt created after the Union was regarded as jointly British, not as separately English or separately Scotch. So that the only excuse for reopening the figures of debt totals was the possibility of error in the original figures of the 1707 Equivalent and the consequent necessity of an adjustment.
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