s subject, I proceed to the next.
Taking the present current expenses at seven millions and an half, which
is the least amount they are now at, there will remain (after the sum of
one million and an half be taken for the new current expenses and four
millions for the before-mentioned service) the sum of two millions; part
of which to be applied as follows:
Though fleets and armies, by an alliance with France, will, in a great
measure, become useless, yet the persons who have devoted themselves to
those services, and have thereby unfitted themselves for other lines of
life, are not to be sufferers by the means that make others happy. They
are a different description of men from those who form or hang about a
court.
A part of the army will remain, at least for some years, and also of the
navy, for which a provision is already made in the former part of this
plan of one million, which is almost half a million more than the peace
establishment of the army and navy in the prodigal times of Charles the
Second.
Suppose, then, fifteen thousand soldiers to be disbanded, and that an
allowance be made to each of three shillings a week during life, clear
of all deductions, to be paid in the same manner as the Chelsea College
pensioners are paid, and for them to return to their trades and their
friends; and also that an addition of fifteen thousand sixpences per
week be made to the pay of the soldiers who shall remain; the annual
expenses will be:
To the pay of fifteen thousand disbanded soldiers
at three shillings per week L117,000
Additional pay to the remaining soldiers 19,500
Suppose that the pay to the officers of the
disbanded corps be the same amount as sum allowed
to the men 117,000
-------- L253,500
To prevent bulky estimations, admit the same sum
to the disbanded navy as to the army,
and the same increase of pay 253,500
--------
Total L507,000
Every year some part of this sum of half a million (I omit the odd seven
thousand pounds for the purpose of keeping the account unembarrassed)
will fall in, and the whole of it in time, as it is on the groun
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