ward his
family, they had merely to consider the fact, whether he had devoted his
talents to the public service to the detriment of his private interests.
On a division the grant was confirmed by a large majority. Both in the
house indeed, and throughout the country, it was felt that this grant
was only an act of justice, as Mr. Canning had spent not only his life,
but his fortune, in the public service. On this subject it has been well
remarked:--"It should be known, in justice to those who held the higher
offices under the crown, that their salaries fall short of the expenses
to which they are subjected, by the manners of the country and a
mischievous convention. This gorgeous scale of living has the double
effect of giving an example and impulse to extravagance through every
department of the public service; and of securing, perhaps by design, to
private wealth, a monopoly of administration. A man vigilantly prudent
might perhaps have lived within his income in Mr. Canning's situation,
and it is known that he had no prodigal or expensive tastes; but it is
also known that he had that utter carelessness of money through which
fortune is not less effectually dissipated."
FINANCIAL STATEMENTS.
The budget was opened by the chancellor of the exchequer on the 11th of
July; and it was opened with a clearness and simplicity that disarmed
even the opposition of Mr. Hume, disposed as he was at all times to
cavil about figures. The total ordinary net revenue of the year 1827 was
L49,581,576; but to this were added L4,245,000 received from the Bank
on account of the dead-weight, and the sum of L660,081 under the head of
extraordinary and miscellaneous, making a total revenue of L54,486.657.
The chancellor of the exchequer said, that the total ordinary revenue
for the year 1828 might be considered as amounting ta L50,381,530, to
which must be added L3,082,500, to be received from the trustees of
military and naval pensions, together with miscellaneous payments
of L438,000, making a grand total of L53,902,030. The expenditure he
calculated as L50,104,522, which, being deducted from the revenue, left
a surplus of L3,797,508 From this, however, was to be taken the advances
to public works, L708,000, so that the clear surplus was only L3,088,708
instead of L5,000,000 to be applied as a sinking-fund. It was considered
impossible in the present circumstances of the country, to supply this
deficiency of the sinking-fund by addit
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