1820. Dec r. 25.

Rid Yourselves of Ultramaria

Introduction

' 6 Table IV

IV. Table IV I style Spanish Revenue and

Expenditure Table n

o.

1819. In this you may, in the first place, see the

particulars of the revenue of that year, as translated in

our Morning chronicle of the 12th. of August 1820, from such documents of yours as

had, at that time, come to hand.

(Translator! make the requisite corrections.)

In the next place, comes the expenditure of

that same year. But, of this, all that the document exhibits, is the sum total.

(Translator! Add particulars if obtainable)

Meantime, for the purpose of the present argument, the sum total is quite sufficient: nor would incorrectness, to

the utmost probable extent, suffice to render it otherwise. The expenditure more than

double the receipt, and, for the four preceding years, the same proportion kept up -

a state of the finances such as this will hardly be regarded us being together

suitable to any such purpose as that of making distant conquests: no, nor so much as

to the keeping up, on the most peaceable footing, the means of Government, though it

were confined to the Peninsula (a)

Note (a)

As to the proportion thus expressed, how it can, for any such length

of time, have had existence, is more than I can figure to myself: I give it as I find

it. Upon the face of it, what is stated is a self-contradiction in terms. By money,

to the amount in question borrowed, possibility might have

been given to it. But, by the extreme difficulty that, but t'other day, attended the

borrowing of Reals vellon 200,000,000, pounds sterling about 2,000,000, it seems to

me sufficiently evident, that no loans to any such amounts if to any amounts, can, in

the interval in question, have had place.

Non-payment of money due on the score of official pay - non-payment of money due for goods ordered and received -

if, under the head of expenditure, non-payment, in both or

either of these forms, was meant to be included - and, to the extent in question,

expenditure and such non-payment, one or other or both, had place, - on this

supposition, indeed, howsoever incorrect in the expression, the statement is correct

in substance. Still the difficulty remains how it is, that under such circumstances,

the

members