Star. — London, England, 1807-01-30 00:00:00

there would be no tweet)? foe SW Mee. Suppoing even that at the end of ten yeartthe war Ihould be pro. traded for ten years longer, even then, although the supplementary Loans mull of cantle ;novae, yet Rill at the end of that period the new Taxes could not. meted 3,459,0001. This was taking almofk as nth towable a view of the cafe as could - be had, when he o w pofed the war to UR for twenty years. Such would be the refult of transferring the intereft of the Loan to the War Taxes. He fhould now pro. geed to what he had Gated as the other balls of the sneafures that he intended to propofe. When the new Sinking Fund was ellablifhed, Mr. Pitt forefaw t h e inconvenience and the mifchief which might arife from the extinguithing at once a very large portion of the National Debt. If the two Sinking Funds bedlam allowed to accumulate to their full extent, ibbinifcbief 'retold have followed, that at one and -nate fame time an immure capital would have been d e ganyefi s t, In fait, by returning all their capitals iO^the. holders of Rock, capital Wolf would ceafe to hireivalue, and the nation might be nearly ruined, bytbat which at fira fight might appear a great ad vantage- However paradoxical it might found, he confidered that the fudden extinaion of the national deka would be an evil almoß amounting to a national barsteuliscy. It was not merely that the Rockhold. era would find themfelves materially dißreffed by having . all their capital returned to them at once, at a time when no employment could be found for fuch an immenfe capital, bat all thole who were engaged in trade would feel the mifchief of it. Their fair and reafonable profits would be deftroyed, and all their advantages rendered of no avail, if loch an im rnenfe capital were all at once thrown upon the mar ker, and they were expofed to fucha competition that would not allow them either to buy their goods at the fame price that they formerly eiti, nor to enjoy the fame profits; for the Rockholders, in Inch a cafe, not knowing how to employ their capital to better advantage, would be molt formidable competitors. It was for thefe rearms that he Rated that the fudden satiation of the national debt would not only be a moil lesions injury to the Rockholders, but to the trading part of the community, and that it would produce the greatell and moll extenfive mifchief and calamity. It was in the contemplation of there confequences that Mr. Pitt had propofed that, when the Sinking Fund Otould exceed 4.000m001. the furplus fhould be at the difpofal of Parliament. In the Ad, however, which was paffed in 1802, for confolidating the two Sink ing Funds, there was no provifo of that fort made. On this account a Rrong and forcible objation was made to the Bill ; but that oblation met with an anfwer, which was fufficiently obvious, namely, that parliament would have it in its power, whenever the period fhould arrive that the Sinking Fund ex. ended its proper limits, to apply the excefs of it to whatever purpofes they might think proper.— The period appeared to be fall advancing. when the Sinking Fund would arrive at thole limits, and then the excelfes of it might he applied to the pay ment of the interefl of thole fupplemental loans, which it might be neceffary to raife. In the courle of twenty years the turn of pcsoco,oool. money value, which was nearly the whole amount of the prefent debt, would be paid off, and every future debt would, according to the new fyftern, be re deemed in 14 years. By the fyßem he had then the honour to propofe, the fubfilling debt would be paid • off at WI five years before the time that it would have been paid off by the old fyflem. The Sinking Fund of one per cent. was calculated to dellroy the debt in 45 years. When combined with the original Sinking Fund, it would have proceeded (after, but fill the prefent fyftem would go on with much greater fafety. He Humid again repeat that it was on this new difpofition of the Sinking Fund, and on the War Taxes that the fy Rem would reit ; and he Mould again repeat that the Property Tax fhould by no means be fettered, after the war, with the mortgage on the War Taxes. That could eerily be transferred to the War Taxes of another defcription. We had already War Taxes on Cuttoms and Excife to the amount of nine millions and a half, and this would give an ample fecurity for the expenses of (even years war, providing alto for the redemption of the loans which might be to be railed. He had therm that for three years there would be no neceflity for uew taxes, and if about that period peace fhould be con cluded,Parliament might then confider how the War Sinking Fund fhould be applied. At prefent he should not propofe any new burthens, but merely the continuance of the exitling burthens for tome time longer. He fhould content bimfelf with recapitulating the different points he had already Rated, in order to put them in as clear and perfpicuous a point of view as poffibte. If the war Jailed but three years longer, there would be no neceffity for any new tax. If, after that period, it Mould be protrateti (even years longer, even then, at the end of ten years, the increafe would only be 290,0001. annually. Even fhould the war extend twenty years, the new taxes to be railed need not then exceed two millions. If thofe refults Mould be accomplifhed, nothing would be more ad mirable than the vail exertions of this country, its pru dence and its forefight, which, under the preffure of heavy burdens, hill arrived at a fyftem which eta blifhed and confirmed that profperity which this coun try enjoys, not only above anynation whichnow but which has ever exilled. We were now indeed in a proud and enviable fituation. We had the means of maintaining a jail war for any period to which the am bition of the enemy might pleafe to protract it. We were able not only to defend our country and its poll fe lions, but to acquire more, if the enemy fbould force us to the continuance of the war; but while the country had jult reafon to be proud of its known and proved refources and ability to maintain the war, yet the people and the Government would remain unaliena bly attached to thofe principles which tended to the peace and happinefs of this country and of the world. If it could not fubdue the dangers which threatened the telt of the world, it could at all events furvive thofe dangers. We were able to bear a war pro. traded to any length ; and, if that devouring flame which has defolated fo many countries. and the Urea regions of the Globe, fimuld Rill be allowed to fpread its baneful influence farther, blatting, as it now does, every thing it can reach, and threaten- ing every thing it can approach, even then, by the goodnefs of Paoviesseca, this country at kali may walk unhurt amidlt the general conflagration. It would hill be able firmly to &cure its •?wn liberty to 1 its pofterity, and perhaps for other nations. It will be able to hand down to them the Mott important of - treats ; to bequeath to thou the noble& of !egad% namely, the inheritance of thofe rights and liberties which they received from their anceftors, and which the ambition and malice of their enemies will never be able to deprive them of. Not only the profperity of this country will be perpetually increafing, but the pure t pdAmbtemiihed faith and honour which has ever marked this nation, will Rill adhere to it, and be dircowed in all its tranfa9ions. The charater of the Britifh people, and the Britifh name, would continue in undiminifhed 'afire, and its renown among the nations would long continue unimpaired. His Lordlltip concluded by recapitulating the different points which he had before Rated; and Paid, he would not call on the Houfe to go into an immediate con federation of the Refolutions he had now to offer, but propofed to move the adjournment of them for a fort night, or perhaps to Wednefday fe'nnight. Mr. ROSE find, that after the very candid manner in which the Noble Lord had brought forward hi; Refolutions, he certainly would not make any obfer rations on them at that time. He would only /ilk the Noble Lord if he did not know that the annuities of which he had Ipoken were actually fixed to the Sinking Fund, and therefore could not be applied in the manner he had propofed. The CHANCELLOR of the EXCHEQUER re plied, that certainly thofe annuities had been made applicable, as Rated by the Right Hon. Gentleman, according to the arrangement in 1786, but that they had been detached by the fubfequent arrangement of 1792. Mr. JOHNSTONE thought the Noble Lord's plan held out hopes to the people of being relieved from taxation, which he feared would never be realized. It had been held out by Lord Sidmouth, in 1802, ' that we might carry on war for many years without any additional taxes, and yet our debt had been al ready increafed to fifty millions, on account of Eng land, and feventeen millions on account of Ireland. Befides, the Noble Lord had net taken Ireland into his account, which was loaded with a debt of nearly five millions ; the interelt of which fhe could not pay, and which mutt ultimately be borne by England. He therefore thought that the Noble Lord was far too fanguitie in hi- tepee atit.ns and in hiscalculations. The CHANCELLOR of the EXCHEQUER raid the Finances of Ireland were diftina from thole of this C untry. Ireland had na war taxes, and could not, therefore, be taken into the prefent propo- WOO& As to the Finances of Ireland, they were not a (Ojai then before the Houfe. Mr. H. ADDINGTON laid, that,confidering the impreflion that man have been made on the Houfe, after the admirable fpeech and liatement of his Noble Friend near him, he lhould on no account have ob. truded himfelf, but for what dropped from the Ho. nour..ble Gentleman who had fpoke IA but one. He thanked him for the handfome manner in which he had fpoken of the meafures of his Noble Relation, but fhould have been more grateful, had not thofe expreffions of approbation been accompanied by a mitiatement, not now made for the fir time, and not for the firft time contradicted by him. The Honourable Gentleman had Rated, that his Noble Relation had declared, at the beginning of the War, that he could carry on the War without any addition to the National Debt. This was not true. That Noble Lord had merely Paid, that fuppofing, but not at all expecting, that the expences of the War could be carried on for twenty-fix millions annually, which had been an average of our expellee for a given number of years, that then no additional Debt would be incurred but what the produce of the Sinking Fund would connterbalancz. In fa&, a much-larger provilion had been actually made by him. He little expected to hear this obvious mifiate meat repeated, and from the fame quarter. Mr. PARNELL (in the abfence of Sir John New. port, who left the Houle through indifpofition) vin dicated the financial charafter of Ireland, and Brewed that its means-were increafing every year. Mr. CORRY advifed the Hon. Gentleman (Mr. Johnflone) to be more guarded in his Ratements refpating Ireland, which, he contended, polfeffed refources fully adequate to defray her there of the public burthens. Mr. JOHNSTONE, in explanation, declared that he did not mean to caR the ftnallefl reflation on Ire land, but fhonld Dill be of opinion, that as that country had no furplus applicable to naval or military expences, England would have to pay thole charges. Mr. CORRY laid, that the furplus of her civil eltablifhment was applicable to thole ourpores. After a few words from Mr. VANSITTAR To in fup ' port of Lord H. Petty's flatement, Mr. HOIMOVIS reported progrefs, and anted leave to fit again. The Houfe being refuelled, it was ordered that the Committee fit again on Wednefday fe'nnight ; to which day the debate on the Refolutions wan ad. journed. On the application of Lord Howie K I Mr. Placa vat. confented to pottpone his motion refpating the Order of Council, from Tuefday to Wednefday next. The hint Cultoms Bill was read a third time and paffed. The SPIAICIR informed the Houfe that the Clerk had made out the annual EaR India Judicature Lill, which was ordered to be laid on the table. Adjourned to Monday next. THE EVENING STAR. LONDON. Balta . :row...hi the report of Lord Hovnen's Speech. fn Weidner. day's STAR, for 7000 men raffed by Mr. Pitt, read 700. FRIDAY, JANUARY 30. Mils CIA II Lt s'slists It T T IWO 'cm—Holiday it all t h e Public Mei. The public will be rejoiced to find from the detail Lord Hamar navvy laid before the Houfe of Com mons laa night on the Ways and Means, that we that be able to continue our prefent expenditure, not only for the prefent year, but for the two next to come, without impofing any new taxes. Should the war continue (even years after, lefs than sochoool. of new taxes l► all that would be required in each of thefe (even years to meet the expenditure ; and then, ac cording to his Lordiltip's fiatement, the war may be carried on for ten years more, that is to the end of twenty years from this time, without any additional tazet—ths Sinking Fund improving all that tune. tt was currently reunited lan night that in a late battle between the Ruffians and French, the latter loft no Ws than nineteen Generals, and from (even to ten thoufand men. It was even afrerted, that a Moniteur, containing the 49th and loth Bulletins of the French army, containing loch a fiatement, was at:Wally in Town. We are forry to fay we have net been able to afcertain that any fuch jlurnal has ar rived. If the French loft nineteen Generals in any battle, they mull have loft a much greater number of men than to,ooo—either the number of the one is over rated, or that of the other under-rated, if any fuch battle has taken place. Various letters were yeflerday received from Hol land. Their contents were generally fimilar to the accounts given in our Taft. One letter, received by a Foreign Mininer from a Minitler at the Hague, Rates, that the French Embaffy there had received accounts from Holland that there had been very Cc vere fighting ; that BONAPARTE, for the firfi time, had been unable to derive the ctoeCted advantage from his vietories ; and that' the French had loft an uncommon number of officers. We have this day received the follnwing account : a DEAL., JANUARY 29. • An American fchooner, which arrived here this morning, left Rotterdam two days Juice, where it wa' reported that the Ruffian. had pined a eonfiderable Vidtory over the French, near the river Bug, in which the French loft 6opoo Men and 90 Pieces of Can• flO l l.-..BONAPAILTI is Paid to have got back to Paris, and prohi bited any Papas Mug publittied." A DENMARK MAIL Arrived this morning. Many of the details it brings are very contradiOnry, but we have great pleafure in adding, that there now feems to be ilrong evidence of the French having actually fuftained a fevere de. feat in Poland. They are evidently employing every means to prevent the news from being known, and the very anxiety they thew on this point furnilhes thong, and, we hope, a corral prefumption, that THE RUSSIANS HAVE OBTAINED AN IMPORTANT AND DECISIVE VICTORY ! The following are the accounts that have reached us: PRIVATE LETTER. HAMMON, JAN. so. Letters have been received here from Koning (berg, Warfaw, and Riga, all of which concur in the Rate rnent of the Ruffians having gained a deci(ive vitiory over the French fmce their lace defeats, in Poland.— It was confidently reported on 'Change here ) •eßer. day, that Napoleon, in confequence of this revere check, had propofed an armillice toißuffia and Pruf fla ; one of the Riga letters particularly mentions that many wounded French officers had atrived in that city, as prifoners. The Edi:or of a periodical publication, printed in French, at Altona, alio received a letter, containing the full retails of the defeat of the French, and having (hewn the fame to the French Minifter here, he in filled upon its being fuppreffed as a falfehood. Field Marfhal KAMUISKOY, by a mafterly manceuvre with the centre and left wing of the Ruffian army, is Paid to have turned and furrounded three corps of the French army, namely, thole of Devours., Nay, and Sour.? ; to have killed upwards of forty thoufand, and taken twenty thoufand prifoners—among the latter is laid to be DAvousr himfelf—the French, in confequence, fell back to Warfaw ; and, had the Ruffians been able to purfue them, their head quarters would not have continued in that city, but would by this time have been at Polen ; the purfuit, however, was impra4licable, as neither army had provilions left fufficient to enable them to wait for ire& fupplics, and as the whole country between the Viftula, Bug, and Narew, where their armies have been Rationed, is an entire defart. All the letters which have reached this city from Warfaw, Form, Roninglberg, &c, are without date or Signature, as whoever circulates falfe political news is punifhed with death, as well as thole who fpeak or write again( the tyranny of the French. On the 4th inftant, the ftudents of Jena having, on the authority of letters from Pro& and Poland, intimated in public places, that the French had been beaten, the French Commandant immediately put up the following Proclamation : " Inhabitants of Jena, falfe reports are in circulation: it is every where ru moured with confidence that the French A►my has been defeated on the banks of the Viftula: truft not thefe rumours, the authors of them are your enemies. I declare, that I Ihall order every perfon convilted t f circulating them to be arrefted and delivered over to a military commiffion ; do you not know that Napo leon is there with his invincibles ? (Signed) . 4 FOCH/MO FROM THE HAMBUROH CORRESPONDENT OF THE TWENTY-FIRST JANUARY. BERLIN, JAN. 17.—..(Frem tie Telegrefr6.l Every one knows, that at the moment of the battle of Jena a report was circulated, with a view of ani• mating the Pruffian Troopsithat their army had made top= Freflehriconers of war. There ineonfidetate perfons carried this Nice news even to Bet lin, and re. prefented it as a brilliant vieory. If we would cre dit the authors of siaorious news cf this kind, who exert themfelves to publifb, two or three d..)3 after they have been received, the Gazettes from Dantzic. and Koningfberg, as well as letters from thole two ci ties, we thould be compelled to believe 'h.,: the F. eneh had been beaten, although it 4 certain, as we have already announced, that they have obtained brilliant advantages over the Ruffians at Golynim and Pul tufk ; and at Neidenburgh and Wirtemberg over the !Canty remains of the Pruflian army, commanded by General Leflocq ; but whether theft Gazettes may have publifked accounts or not that the French were beaten ; whether their pretended defeat may have been celebrated at Koningfbe'g and Dint zic, i is ieverthelefs a laft that the French have triu-nphed in every action which has taken place The Ruffian army has been obliged to a • Jon Ofirolenika to the French, and to re fighti ‘0 ; the lesion has compelled the latter to go into s quarters, and the Emperor has returt.ed to Warfamr ever fume the tfl init. f►um whence intelligence i• daily received at Berlin even 1.. late as yellerday Since the entry of the F.enth into Oilrolersfita. r • thing remarkable has occurred. We cannot •cr %e every day from Warfaw details of intereiiin,{ ever ts, on account of there events not taking plAce. WARSAW, JANUARY R Worms is the rendezvous of feveral diploms iva ; the Außrian General, Vincent, is arrived, and the Pruflian General, M. de Zaflrow, is expelled ; it is laid that negotiations for peace are going to be re. newed ; the Emperor Napoleon has been here fonts days. _ BANKS OF THE ELBE, JAN. 19. It is raid that fence the events which have taken place on the Theatre of War, an armillice has been concluded between the French and Ruffian armies. VIENNA, JAN. 7. - • The Ruffian Amhatrador at our Court, M. Ravi mot: fig, has received intelligence of the Ruffians having taken the ifland of Curzola in the Adriatic, near the Coaff of Dalmatia, and placed a ffrong gar t iron in it. The college of war has alto received the unexpected news that the Servian infurgents have taken poffeffion of an ifland near Semlin, called Kiugs Infel (Nile de la Guerre). Orders have al ready been given to drive the Servians from the laid ifland, unlefs they quit it voluntarily ; it is thought that the Se: vians only occupied is in order to approach with more advantage the fortrefs of Belgrade. On the sth inflant, at mid day, a courier arrived here from the French head quarters, on his way to Conftantinople. He brought to General Andreoiry fome verbal intelligence of a bloody affair at Oar; • kofka, on the a6th December. STUTOARD, JAN. zo. Breflau has at lafl furrendered. The capitulation is publilhed at length in our Gazette—it capitolved on the sth init. and 3000 prifoners, t 3 pieces of can non, and about t zoo horfes, and one Ilandard, fell into the bands of the allied Bavarian and Wirtembe s troops. FRANKFORT ON THE MAIN, JAN. 13. An official account from Pultufk, of the 3oth of December, lays, Martha! Lafnes commanded in the battle of Paw& 18.000 men. He had so,ooo Ruffians oppofed to him. He defeated them—twelve thoufand were killed, and 3000 taken prifoners and wounded. blarffial Augereau commanded at Go— lynim. He had a horfe killed under him. The refult was alma equally fplendid. CONS TANTINOPLE, DECEMBER zo. _ _ On the 15th of November a courier from the French bead quarters at Pofen brought the Grand Signior the agreeable affurance that the Emperor and King, Napoleon, was determined to defend with his whole power the independence and integrity of the Porte. The French Ambaffador, Sebaniani, is treated here with the greatell diainaion, on every occafion. Yaasioorm, Jaw. 29.—Yellerday failed the Fan* alma gun brig, with the Psocars, a new built Hoop of war for the Nore. The ORESTIS loop of war has brought in a lugger privateer, taken by the Cava ER; the fell in with the privateer N. N. W. off Orford , nefs, and after a long dace, the Frenchmen ran her on Blankenberg beach, where her Captain and part of the crew got on fhore when taken poffeflion of by the boats of the CRUIZER the had only twenty-five men on board, was pierced for fourteen guns, but bad only two mounted, and feveral chells of (mall arms. The ORESTES has retaken the Ant of Newcafile, laden with (laves, hides,&c. bound toLon. don. The Carrier cutter recaptured two veffels,one which, laden with hemp, the was obliged to let fire to; the other is the Courier, of and for Hull, with linfeed ; they were part of convoy, which was feparated in a gale tof wind, and taken by the Revanche privateer (even miles of Flambro' Head. Arrived the ERN esr gun brig. CORN EXCHANGE, MARK LANE, JANUARY 300 — Wheat is here to-day in conliderable lupplies,and pre• fuming on a further reduelioa in price very few fates are effeeted, and thole at fonsewhat lets price!. The fupplies of Bailey are very abundant ; fecund and inferior qualities are cheaper—Malt at lefs, and ate falling articles—The few White Peas continue dear—Beans, of each fort, are rather lower—Theta art many frefh arrivals of Oats, and this trade is quoted cheaper.—FlJur is very heavy in fate at the patent prices. Elm Flow 6st to 70* Sam& 6a to 6.0 per Cod,.