Speech of the Right Honourable William Pitt, in the House of Commons, Thursday, January 31, 1799 / On offering to the House the resolutions which he proposed as the basis of an union between Great Britain and Ireland: Fifth Edition.

by William Pitt

SEVENTH.

That for the like purpose it would be fit to propose, that the charge arising from the payment of the Interest or Sinking Fund for the reduction of the Principal of the Debt incurred in either Kingdom before the Union, shall continue to be separately defrayed by Great Britain and Ireland respectively. That for a number of Years to be limited, the future ordinary expences of the United Kingdom, in Peace or War, shall be defrayed by Great Britain and Ireland jointly, according to such proportions as shall be established by the respective Parliaments previous to the Union; and that after the expiration of the time to be so limited, the proportion shall not be liable to be varied, except according to such rates and principles as shall be in like manner agreed upon previous to the Union.