The Works of the Right Honourable Edmund Burke, Vol. 01 (of 12)Burke, Edmund
Philosophy
The Works of the Right Honourable Edmund Burke, Vol. 01 (of 12)
Burke, Edmund
Great Britain -- Politics and government -- 1760-1820; Political science -- Early works to 1800
[56] "The navy bills are not due till six months after they have been
issued; six months also of the seamen's wages by act of Parliament must
be, and in consequence of the rules prescribed by that act, twelve
months' wages generally, and often much more are retained; and there has
been besides at all times a large arrear of pay, which, though kept in
the account, could never be claimed, the persons to whom it was due
having left neither assignees nor representatives. The precise amount of
such sums cannot be ascertained; but they can hardly be reckoned less
than thirteen or fourteen hundred thousand pounds. On 31st Dec, 1754,
when the navy debt was reduced nearly as low as it could be, it still
amounted to 1,296,567_l._ 18_s._ 11-3/4_d._ consisting chiefly of
articles which could not then be discharged; such articles will be
larger now, in proportion to the increase of the establishment; and an
allowance must always be made for them in judging of the state of the
navy debt, though they are not distinguishable in the account. In
providing for that which is payable, the principal object of the
legislature is always to discharge the bills, for they are the greatest
article; they bear an interest of 4 per cent; and, when the quantity of
them is large, they are a heavy incumbrance upon all money transactions"
[57]
Navy L1,450,900
Army 1,268,500
Ordnance 174,600
The four American governments 19,200
General surveys in America 1,600
Foundling Hospital 38,000
To the African committee 13,000
For the civil establishment on the coast of Africa 5,500
Militia 100,000
Deficiency of land and malt 300,000
Deficiency of funds 202,400
Extraordinaries of the army and navy 35,000
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Total L3,609,700
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