[The History of England in Three Volumes, Vol.II. by Tobias Smollett]@TWC D-Link book
The History of England in Three Volumes, Vol.II.

CHAPTER VI
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Another supply was voted for the payment and reduction of the army, including half-pay to such commission officers as were natural born subjects of England.

They granted one million four hundred thousand pounds, to make good deficiencies.

They resolved, That the sum of two millions three hundred and forty-eight thousand one hundred and two pounds, was necessary to pay off arrears, subsistence, contingencies, general-officers, guards, and garrisons; of which sum eight hundred and fifty-five thousand five hundred and two pounds, remained in the hands of the pay-master.

Then they took into consideration the subsidies due to foreign powers, and the sums owing to contractors for bread and forage.

Examining further the debts of the nation, they found the general debt of the navy amounted to one million three hundred and ninety-two thousand seven hundred and forty-two pounds.


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