| Fr. money. | Sterl. ditto. | |
| livres. | l. | |
| For 1756 | 121 000 000 | 5 377 778 |
| For 1757 | 136 000 000 | 6 044 444 |
| For 1758 | 135 000 000 | 6 000 000 |
| For 1759 | 194 690 786 | 8 652 924 |
| For 1760 | 251 694 687 | 11 186 431 |
| For 1761 | 120 690 787 | 5 364 034 |
| For 1762 | 159 230 787 | 7 076 924 |
| Total | 1 118 307 047 | 49 702 535 |
[35]. The Sterling money, in this recapitulation, is reduced to the nearest integer, neglecting fractions of a pound.
Having gathered together, from the best information I can, the amount of all the extraordinary supplies raised in France, for the service of the last war, let us suppose, that at the peace, no part of any capitals borrowed had been paid off, according to the plan laid down for that purpose at the time of contracting. Let us suppose, I say, that all the lottery funds and life-annuities, as well as those annuities which were intended to be paid off by way of lottery, stood at their full extent, without diminution, at the peace, and then calculate what sum of debt should have remained upon France in consequence of the war.
As for the sums raised, either upon renewing the farms of the revenue, the amount of new taxes imposed, or such branches of them as were sold at once for a sum of money, they remain no debt upon the King; and are therefore to be considered (as they really were) extraordinary resources drawn from the people, without any recourse to credit or borrowing.
| Fr. money. | Sterling ditto. | ||||
| livres. | l. | s. | d. | ||
| These sums collected from the above supplies, and laid together, amount to | 520 926 948 | 23 152 308 | 16 | — | |
| Let us then state the whole of the supplies as above | 1 118 307 047 | 49 702 535 | — | — | |
| And from thence deduct the extraordinary resources drawn from the people, as above, to wit | 520 926 947 | 23 152 308 | 16 | — | |
| There will remain a capital of borrowed money | } | 597 380 100 | 26 550 226 | 4 | — |
| Of this the life-annuities (charged upon the ordinary revenue) form a capital of | 217 000 000 | 9 644 444 | 8 | 10½ | |
| The lotteries form a capital of | 108 000 000 | 4 800 000 | — | — | |
| And the perpetual annuities, a capital of | 272 380 100 | 12 105 781 | 15 | 6½ | |
| In all, as above | 597 380 100 | 26 550 226 | 4 | 5 | |
Let us next see the amount of annual payments for discharging either the capital or the interest.
| Fr. money. | Sterling ditto. | ||||
| livres. | l. | s. | d. | ||
| For the life-annuities until extinguished, paid out of the ordinary revenue | 16 200 000 | 720 000 | — | — | |
| To discharge the lottery fund, in 12 years at most | 11 600 000 | 515 555 | 11 | 1¼ | |
| Suppose the perpetual annuities all at 5 per cent.; inde | 13 619 000 | 605 288 | 17 | 9¼ | |
| Annual sum of interest | 41 419 000 | 1 840 844 | 8 | 10½ | |
Let me now draw up a state of the taxes raised for defraying the expences of this war. In that I shall only comprehend such articles as existed at the peace, unsold: as for the other, we may consider them only as expedients for raising money for the current service; but which, in time to come, may serve to augment the revenue.
Third general branch.
| Fr. money. | Sterling ditto. | ||||
| livres. | l. | s. | d. | ||
| 1. The 2d twentieth, never alienated | 35 000 000 | 1 555 555 | 11 | 1¼ | |
| 2. The 3d twentieth, imposed for the years 1762 and 1763, not alienated | 30 000 000 | 1 333 333 | 6 | 8 | |
| 3. The free gift of the cities, towns, &c. never alienated | 3 690 786 | 164 034 | 18 | 8 | |
| 68 690 787 | 3 052 923 | 16 | 5¼ | ||