by L. Rosebery
For this Appendix, and much besides, I am indebted to my friend Mr. E. W. Hamilton of the Treasury. Mr. Pitt's income derived from official sources is generally stated to have been about £ 10,000 a year. It maybe interesting to show how these emoluments, somewhat understated, can be arrived at: 1. First Lord of the Treasury (1) Salary as a Lord of the Treasury, charged on Civil List £
1600*
(2) Salary as First Lord, likewise charged on Civil List £ 4022**
So as to bring total receipts of First Lord to £ 5000
** Cf. Fifteenth Report from Select Committee on Finance, ordered to be printed 19th July 1797, etc. 2. Chancellor of the Exchequer for Great Britain (1) Salary as Chancellor of the Exchequer
charged on Civil List £ 1800***
(2) Exchequer fees, amounting to about £ 800
3. Warden of the Cinque Ports (or Constable of Dover Castle). (1) Salary as Warden, charged on Civil List £ 4100
(2) Further salary, charged on Army Votes, amounting to (about)
£ 280****
4. Summary of Pitt's Emoluments (1) First Lord of the Treasury £ 5000
****Cf. Appendix to Report on Select Committee of Finance, ordered to be printed 19th July 1797. Note. Prior to 1797, the First Lord and Chancellor of the Exchequer had a share in (what was called) "New Year's Gifts," of varying but trifling amounts, which may be put at about £ 40 and £ 80 a year respectively. ***** These casual receipts were abolished that year by Mr. Pitt himself, on the recommendation of a Select Committee. While Pitt held the Wardenship of the Cinque Ports there were also occasional receipts, which, arising from lost anchors, cables, and other droits, were attached to the office, but which must have been of insignificant as well as uncertain amount.
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