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to_o your_o lordship_n by_o sir_n robert_n howard_n the_o 21_o of_o june_n 1673._o which_o be_v two_o day_n after_o you_o enter_v upon_o your_o office_n wherein_o have_v state_v the_o income_n of_o the_o ordinary_a revenue_n and_o the_o expense_n for_o that_o year_n by_o way_n of_o debtor_n and_o creditor_n he_o find_v the_o expense_n will_v exceed_v the_o income_n by_o the_o sum_n of_o 1163400_o l._n and_o there_o be_v no_o doubt_n but_o sir_n robert_n howard_n who_o be_v furnish_v with_o all_o the_o mean_n of_o make_v a_o true_a calculation_n do_v take_v care_n to_o do_v so_o and_o that_o in_o my_o humble_a opinion_n my_o lord_n will_v be_v of_o considerable_a use_n to_o your_o lordship_n to_o show_v the_o mistake_n of_o this_o examiner_n i_o beg_v your_o lordship_n pardon_n for_o this_o long_a trouble_n and_o be_o my_o lord_n your_o lordship_n most_o obedient_a and_o most_o humble_a servant_n philloyd_n have_v peruse_v the_o say_a state_n of_o the_o revenue_n mention_v in_o sir_n 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say_v it_o be_v direct_v to_o sir_n robert_n howard_n than_o secretary_n to_o the_o treasury_n whereas_o mr._n bartie_n be_v then_o my_o secretary_n and_o not_o sir_n robert_n howard_n the_o examiner_n close_v his_o report_n concern_v the_o treasury_n page_n 14_o and_o 15_o wherein_o he_o pretend_v to_o show_v first_o that_o the_o revenue_n be_v leave_v charge_v with_o less_o than_o three_o hundred_o thousand_o pound_n advance_v money_n except_v at_o the_o time_n of_o my_o lord_n clifford_n leave_v his_o place_n second_o that_o there_o be_v nine_o hundred_o forty_o two_o thousand_o five_o hundred_o pound_n then_o leave_v in_o money_n and_o three_o that_o the_o say_a revenue_n be_v compute_v to_o be_v leave_v charge_v with_o one_o million_o four_o hundred_o eighty_o five_o thousand_o five_o hundred_o and_o seventy_o pound_n sixteen_o shilling_n and_o four_o penny_n at_o lady-day_n 1672._o i_o suppose_v he_o mean_v 1679._o when_o i_o be_v remove_v from_o the_o treasury_n although_o i_o 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estimate_v that_o for_o the_o say_a year_n of_o 1673_o there_o can_v not_o be_v expect_v for_o the_o service_n of_o that_o year_n from_o the_o aforesaid_a three_o great_a branch_n any_o more_o than_o seven_o hundred_o forty_o six_o thousand_o six_o hundred_o twenty_o nine_o pound_n and_o the_o establishment_n of_o the_o constant_a yearly_a expense_n beside_o the_o great_a sum_n owe_v at_o that_o time_n to_o the_o fleet_n and_o army_n then_o in_o be_v for_o the_o say_a year_n amount_v to_o above_o one_o million_o three_o hundred_o thousand_o pound_n per_fw-la ann_n and_o here_o i_o must_v have_v leave_n to_o observe_v that_o have_v it_o not_o be_v for_o that_o chargeable_a war_n against_o the_o dutch_a it_o must_v have_v be_v strange_a that_o any_o considerable_a charge_n shall_v have_v remain_v on_o the_o revenue_n in_o the_o begin_n of_o the_o year_n 73._o which_o be_v so_o soon_o after_o a_o total_a postponing_a of_o the_o king_n debt_n and_o when_o the_o credit_n be_v so_o break_v that_o through_o the_o whole_a year_n of_o 72_o i_o believe_v there_o be_v not_o twenty_o thousand_o pound_n borrow_v on_o the_o credit_n of_o the_o revenue_n from_o the_o same_o copy_n of_o what_o he_o call_v sir_n philip_n floyd_n paper_n and_o his_o sure_a proof_n of_o all_o be_v make_v his_o next_o calculation_n that_o there_o be_v nine_o hundred_o forty_o two_o thousand_o five_o hundred_o pound_n leave_v in_o money_n viz._n  _fw-fr li._n by_o the_o last_o 3_o quarter_n of_o the_o tax_n 600000_o from_o the_o advance_n of_o the_o excise_n 150000_o from_o the_o french_a money_n 112500_o upon_o the_o 3_o quarter_n of_o the_o subsidy_n 080000_o in_o all_o 942500_o as_o to_o the_o first_o of_o these_o sum_n as_o i_o have_v say_v already_o the_o say_v last_v three_o quarter_n bring_v in_o clear_a to_o his_o majesty_n use_n but_o about_o five_o hundred_o sixty_o five_o thousand_o four_o hundred_o ninety_o eight_o pound_n which_o be_v about_o the_o sum_n of_o one_o hundred_o eighty_o 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do_v to_o that_o in_o pag._n 6._o wherein_o he_o say_v that_o the_o rebellion_n in_o virginia_n cease_v quick_o and_o while_o both_o that_o rebellion_n and_o the_o war_n with_o algiers_n happen_v if_o there_o have_v be_v a_o considerable_a fleet_n for_o summer_n and_o winter_n guard_v keep_v out_o beside_o it_o have_v be_v a_o matter_n of_o some_o consideration_n so_o that_o where_o he_o can_v possible_o deny_v the_o fact_n he_o endeavour_v to_o blemish_v they_o by_o something_o else_o but_o in_o this_o instance_n that_o will_v not_o serve_v his_o turn_n the_o summer_n and_o winter_n guard_v have_v be_v as_o great_a as_o the_o need_n be_v then_o for_o they_o and_o the_o merchant_n will_v be_v the_o best_a judge_n how_o their_o trade_n be_v then_o secure_v as_o well_o as_o how_o that_o war_n be_v support_v against_o the_o algerines_n with_o this_o state_n of_o the_o revenue_n at_o lady-day_n 79._o viz._n that_o the_o debt_n then_o upon_o it_o amount_v to_o one_o million_o four_o 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opinion_n that_o the_o king_n condition_n be_v in_o great_a strait_n for_o money_n in_o the_o first_o six_o month_n after_o my_o be_v treasurer_n yet_o that_o be_v not_o only_o true_a but_o be_v testify_v to_o be_v so_o by_o that_o state_n of_o the_o revenue_n draw_v up_o by_o sir_n robert_n howard_n the_o 21_o of_o june_n 73_o which_o be_v mention_v in_o sir_n philip_n floyd_n letter_n for_o he_o thereby_o make_v appear_v as_o have_v be_v say_v already_o that_o the_o expense_n of_o that_o year_n which_o in_o the_o establishment_n be_v always_o account_v to_o commence_v in_o january_n do_v exceed_v the_o income_n of_o the_o say_a year_n by_o the_o sum_n of_o one_o million_o one_o hundred_o sixty_o three_o thousand_o four_o hundred_o pound_n now_o beside_o that_o state_n of_o sir_n robert_n howard_n my_o then_o secretary_n i_o be_o confident_a the_o king_n and_o his_o royal_a highness_n will_v both_o remember_v the_o strait_n of_o the_o treasury_n to_o be_v then_o such_o and_o the_o difficulty_n so_o great_a to_o get_v money_n for_o pay_v off_o the_o fleet_n at_o the_o end_n of_o the_o war_n that_o it_o be_v doubt_v whether_o some_o ship_n must_v not_o have_v be_v send_v out_o of_o the_o river_n to_o sea_n again_o only_o for_o want_v of_o money_n to_o pay_v they_o and_o although_o mean_n be_v use_v to_o discharge_v the_o seaman_n of_o that_o fleet_n without_o ticket_n yet_o most_o of_o the_o money_n be_v borrow_v which_o be_v raise_v for_o that_o purpose_n and_o not_o without_o great_a hardship_n as_o the_o credit_n of_o the_o exchequer_n stand_v at_o that_o time_n i_o know_v his_o majesty_n will_v also_o remember_v that_o in_o march_n 1675_o a_o state_n of_o his_o revenue_n be_v deliver_v to_o himself_o from_o sir_n robert_n howard_n which_o state_n be_v remain_v in_o my_o custody_n a_o copy_n whereof_o be_v hereunto_o annex_v wherein_o sir_n robert_n set_v forth_o to_o his_o majesty_n that_o his_o revenue_n be_v then_o in_o so_o ill_a a_o condition_n that_o it_o can_v afford_v he_o clear_v but_o six_o hundred_o fifty_o six_o thousand_o one_o hundred_o seventy_o two_o pound_n that_o year_n insomuch_o that_o it_o be_v thereupon_o propose_v by_o he_o to_o help_v his_o majesty_n to_o eight_o thousand_o pound_n a_o week_n in_o aid_n of_o his_o revenue_n for_o his_o subsistence_n and_o upon_o a_o condition_n to_o have_v all_o the_o three_o great_a branch_n put_v into_o the_o hand_n of_o such_o undertaker_n as_o shall_v be_v name_v to_o his_o majesty_n in_o so_o strait_a a_o condition_n be_v the_o exchequer_n understand_v to_o be_v so_o many_o year_n ago_o by_o those_o who_o certain_o ought_v to_o know_v the_o condition_n of_o it_o much_o better_a than_o the_o examiner_n and_o therefore_o it_o puzzle_v no_o body_n but_o himself_o to_o name_v person_n who_o be_v of_o that_o opinion_n a_o copy_n of_o the_o paper_n deliver_v to_o his_o majesty_n from_o sir_n robert_n howard_n the_o 5_o of_o march_n 1675._o  _fw-fr li._n s._n d._n ob_fw-la the_o sum_n that_o seem_v the_o foundation_n and_o measure_n from_o whence_o the_o suspention_n be_v make_v be_v 1351968_o 00_o 00_o  _fw-fr the_o sum_n remain_v after_o the_o suspension_n make_v be_v 1175315_o 00_o 06_o  _fw-fr the_o sum_n suspend_v be_v 0176653_o 00_o 06_o  _fw-fr the_n last_v year_n expense_n amount_v to_o 1841931_o 18_o 02_o  _fw-fr out_a of_o which_o the_o navy_n have_v 0599320_o 04_o 11_o ½_n spend_v the_o last_o year_n beside_o what_o the_o navy_n have_v 1242611_o 13_o 02_o ½_n the_o sum_n of_o expense_n after_o the_o suspention_n make_v for_o a_o follow_a year_n be_v 1175315_o 01_o 06_o  _fw-fr the_o income_n for_o the_o follow_a year_n to_o discharge_v the_o expense_n of_o 1175315_o l._n 1_o s._n 6_o d._n may_v arise_v from_o these_o branch_n  _fw-fr li._n charge_n li._n custom_n 600000_o  _fw-fr 100000_o charge_v 100000_o the_o rest_n of_o the_o excise_n be_v charge_v excise_n by_o the_o moiety_n of_o pention_n 050000_o  _fw-fr  _fw-fr first_o fruit_n &_o 10th_n 016000_o 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