FORE:Before this great measure had passed, Pitt had introduced his Budget. On the 30th of June he made his financial statement. He said that the resources of the country were in a very burthened and disordered state; but that was not his work, but the work of his predecessors. The outstanding arrears, owing to the late war, were already ascertained to amount at least to fourteen million pounds. These operated very injuriously on the public credit, being at a discount of from fifteen to twenty per cent.; and that without greatly[308] affecting the public securities, he should not be able to find more than six million six hundred thousand six hundred pounds of them at once. To meet the interest, he proposed to raise taxes to the amount of nine hundred thousand pounds a year. The impostssome entirely new, and some augmentedwere on hats, ribbons, gauzes, coals, saddle and pleasure horses, printed linens and calicoes, candles, paper, and hackney coaches; licences to deal in excisable commodities, bricks, and tiles; licences for shooting game.On the 14th of January, 1793, the members of the Convention met, amid a mob surrounding the House, and demanding, "Death to the tyrant! Death to him or to us!" Other crowds crammed the galleries. The debate, which had begun immediately after the king's speech, was renewed, and furious menaces and recriminations between the Girondists and the Mountain were uttered. At length the Convention reduced all the questions to these three: 1st. Is Louis Capet guilty of conspiring against the liberty of the nation and the safety of the State? 2nd. Shall the judgment, whatever it be, be referred to the sanction of the people? 3rd. What punishment shall be inflicted on him?
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