Star. — London, England, 1828-07-12 00:00:00

IMPERIAL PARLIAMENT. HOUSE OF LORDS, JULY 11. 141MAOR ?ROM THE COMMONS. Sir H. PARNELL, Sir W. FREMANTLE, Mr. LAWLTT, Sir J., GRAHAM, and other Members, brought up the Sale of Game Bill. the Insolvent Debtor" (India) Bill, the Criminal Justice (India) Bill, the Holyhead Bill, the Disembodied Militia Bill, the Corpora tion Fut•ds Bill, and eight private Bills, which were severally read a first time. The Duke of GLoucEsTra prerented a Petition from Mon trose, for the gradual Abolition of Slavery. The Charing-cross Improvement Bill was read a second time. Lord W H A RNCLI FFE gave notice, that he should move the second reading of the Sale of Game Bill on Tuesday next, if it should then he printed. The Constabulary Acts (Ireland) Amendment Bill, was read a third time and passed. ' The 'Nlarquis of CLEVELAND presented a Petition from the Shipwrights of Kingston upon-Null, praying for a reconsiieration of the Navgatlon Laws. The Noble Marquis observed, that there were many parts of the Petition in..which he could not concur. SCOTCH SMALL NOTTS. Earl GREY presented a Petition from Berwick-upon-Tweed, stating the unfavourable effect which would be produced upon the interests of the inhabitants of that town, by the Scotch Small Notes Bill. and praying that the town of Berwick-upon-Tweed might be exempted from its operation. He thought this request perfectly reasonable. and regretted that the Petition was now too late. It had been placed in his hands only this day. Lord BERF.SFORD had received an application to .a similar effect from certain inhabitants of the town of Berwick, but not 'until after the Bill in question bad passed that House. The Earl of ROSSLYN presented a Petition from the town of Wellingborough, in the County of Northampton, for the abolition of Slavery in the West Indies. Lord W H Alt NCLIFFF, after a few observations, moved an alteration of the Standing Orders, with a view to enable individual Proprietors of any Joint Stock CoMpany to petition that House, and to be heard by Counsel against any Bill giving to such Com pany powers out of the purview of the. original Act, although such Bill be applied for by the majority of the Company. He would now only lay his Resolutions before the House, with a view to their bring printed, intending to postpone the consideration of the subject until next Session.--The Resolutions were accordingly or dered to be printed. Lord CALTHORPE presented Petitions from the Inhabitants of the City of Coventry, of the City of Cork, of the Town of Gravesend, and of Stroud, in the County of Kent, for the early Abolition of Slavery. Lord WHARNCLIFFE had intended to aak some questions of the Noble Duke at the head of his Majesty's Government, re specting the Wool Trade; but as he understood this would not be a convenient time, he vow gave notice that he would ask' those questions on Tuesday next. The Earl of ABERDEEN presented Petitions from the City and County of Aberdeen, praying for the Abolition of Negro Slavery. !LAST INDIA SUGAR. The Marquis of LANSDOWN presented Petitions for the Equalisation of Duties upon East India and %Vest India Sugar. The bloble Marquis observed, that this was not the proper mo ment to enter fully into the discussion of the subject, but it in looked a great variety of consideratioos of the utmost importance. The interests of the East Indies, of the West Indies, and the in terests also of the population of this country, who were the con sinners, were all involved in the question; and it would demand INS StsirßtS attention of their Lordships before the time arrived to consider of the renewal of the East India Company's Charter. By rendering trade in this article more free, and the supply more' abandon, they would greatly increase the consumption, as a proof ' s .of which he would adduce the fact that the inhabitants of New Hoillatatirs-onsunted upon the average, individually, twice as much as. the inhabitants of this country. The Petitions, which were frons the Merchants and Inhabitants of Calcutta, and from several Parishes in the County of Derby, were then read. Viscount CLIFDEN supported the prayer of the Petitions. He hatine doubt, if the two peat mooopolies of tea and sugar were abolished, that the consumption of those necessaries of life would by doitbled,. and that the duty might be reduced one half without loss to the revenue. He hoped those monopolies would 'be put deem; hut in doing this the liable Duke would have to wrestle -with. two giants, the &Net India Company, and the Proprietors of the esont-art land* its the West Indies. The British natiep, hoW ever, would be with hint. Lord CA LTIKYR PR raid, that the mores the subject was exa mined the more clearly would it appear that the proposed Altera 'tion-vaould, so far front being injurious, prove beneficial to the West Indies. The above Petitions were severally ordered . to lie upon the table. The Bonn then adiourned until Monday. HOUSE OF COMMONS. Mr. Mason, from the East India House, presented the annual EMUlotions of the East India Company. It PARNELL brought up the Report of the Liverpool and Bolybuiad Road Bill. Mr. LAW LEY presented. a Petition from Birmingham, pray lag the abolition of Negro Slavery. Mr. LEN NARD presented a similar Petition from Malden. Lord R. MANNERS presented similar Petitions from Lough borourgb, and another place in Leicestershire. Mr. BRNETT presented a similar Petition from Malmesbery. The Petitions were severally ordered to be printed. Mr. LAW LEY presented a Petition from Leamington against be Small Note Act. Mr. S. LU M LEY presented a Petition from the Burgesses of 'Bast•Resford, praying that their franchise should not be emended to the neighbouring flundreds.—Ordered to be printed. Mr. A. DAWSON presented a Petition from Rochdale, praying the House to adopt a minimum e,f wages.—Ordered to be primed. Mr. BROW N LOW. brought is a Bill for the Drainage of Poop in Ireland. It .wes read' a first time, and ordered to be read a second time this daythree months.. Mr. SUG DEN brought in a Bill to prevent Illusory Appoint • meats. It was read a kat time, and ordered to be mad a second time thisday three months. Mr. BRIG LIT presented a Petition from the Executors of a Mr. 'Rearms, of Bristol, complaining that they had not been paid the ailment of certain claims on the French Government. ACLAND presented a similar Petition from certain 'Persons in the county of Devon. After a few wards from Mr. IL Davis and the Csraxe act.oa of the asicrmbura, the Petitions were ordered trb t b42 primed. *plagues. from the Oirsce of the Commieri.xiers for Building New t Chisrebes, presented ay Accoant or their Receipts and Dia btirsenaents.—Ordered to be printed. The-Naturalization Bill was read a third time and passed. Ma. LITTLETON pave titmice that, early its the nest Saurian, he.wyykl moor Resolutions ton prevent Payment of Fortson the remittal of Tuanitke i3ilir-{Heat ). 14k. J; WWI) presented a . Petition from Dewsbury, against the AdditionalCbtimies Dill,—Ordered to be 'printed. bk. CI 10 L NION ORLEY presented a Petition from a place in the nagpitg,vif. thearke, praying** luitivar protection for the growth Mi. R. GORDON. presented a. Petition from a person of the name of .tiattlett, praying that debts contracted for the neces• sarirf noi.be. recoverable at law. The result would basolapt.the wage* of .the lower orders would not be taken from tlmsakt : lfllialswierkly, instalments, nor wnuMehey have to pay such Mph ramp as was now imposed upon theni.-ThePetitioa was or dwell mbb printed. • Sk' BUI1110:1/. presented a Petisino frets certain flock ' atyirrn in.Sumex, relative tm the duty on Wool. • The CIIANCEX.LOR of the EXCHEQUE4 moved the Or. der of the Daji foethe House resolving itself into a Committee of &WY. bk. STEWART aatiod if auy thing was intended to be dope as to.theetansikais Tiirdn CliA WCF$l.l.Og. of . the EX,CIIEcaI ELI said that no doubt the 'now attention would be given to the subject. THE BUDGET. The CHANCELLOR of vie EXCHEQUER ob. served, that the tithe had now arrived when it was his duty to make the annual statement f the Finances of 'the country. Hi could not forget that during the last year it was brought forward by a Right Hon:-Gentle snia.now no.miee—and that in doing so he graced a dry and detailed statement with all the brilliancy of his genius. He hoped, h. - At/ever, that the licithe would .grunt him their iutention. He meant to conceal no thing—to state every thing fairly. He would state things as they were, and would trust to the good sense , of'eatliament for the future regulation of our finances. If Itt, some. instances he had a difficult duty to dis .ou-the other, the labours of the Finance Corn matte woulst :supply a degtee of information which Would renaer lengthened detail from him unnecessary:. In fulfilling hilluty, he would call the attention of the House.ect our income and expenditure for the last and current yeas.; in doing 0. he would itroiateuaung .un. necessary hopes, or, ou the other hand s of twit% tor,g4., sion for the slightest species of despondency. It W. 14 usual, in presenting such a statement its the present, to refer to former years, and from Thence to deduce the eiiimates; bot that was a practice whiCh he was not inclined to follow. The vicissitedes for the last four or five years were great, and the fluctomtions in the re. venue, and the variations in the clpandttort, made such a reference ut.fit for formi g a ground op labia to build a correct estimate. And at preient, therrfort, he would confine bimseli, ift the first instance, to Aim the amount of the revenue and ezpenditutc for 1827: xrvtwur. The total Ordinary Revenue (at the gross) for 1827, was • • • . • • • . £49,581,576 Received from the Bank for Naval and Military Ser. vices . . ..... . 4,345.000 Under the Head of Small Extraordinages . . 660,000 Dlakirg a total income of . . . . 54,486,657 axrtcwntrtras. The Expenditure for 18.27, including the Interest of the O.bt and Exchequer Bills, but exclusive of the Sinking Fund, was . . . . • . 28,239 000 Paid to the Trustees of Naval and Military Pensions 2,8°0,060 Other permanent Charges on the Consolidated Fund 2,300.000 Making a total of . . . . . . 35;339,000 Now then, if the total expenditure were deducted from the total Income, it would amount, in round numbers, to 1,800,0001. From which deduct difference het kra-en advances in public work', and sums received, 663,7931 there would appear a surplus of 1,136,2071. In malo:ig this calculation, he had taken the Naval and Military Pensions as part of the Revenue, and the money paid on account of them as part of Vie Expenditure. He need not conceal that which the House kneW perfectly well. namely, that this sum could not be called increase, for it was, more properly speaking, a loan—(Heat). But such w is the state of the lucerne and Expenditure, and so much the surplus applicable to the reduction of the Debt for the year 1827 ; and he would now at once proceed to state what they had reason to expect for the current year 1828: He anticipated, on a moderate computation, an increase over last year of 800,000/. and he would shortly state the grounds on which he assumed that so large an augmentation would take place. In order to do this, it would be necessary to look to the various branches of Revenue, and show how far he was justified in forming such an anticipation. The Revenue of Castoms was one great branch of the national re sources, and that had exceeded the revenue 41826 by a sum of 600,0001. but that increase ki , Li ty , t justify him in assuming that the same branch for 1828 would equal that of 1827, because, in consequence of the necessities of the country, large importations of foreign corn be cause necessary, and a heavy duty was imposed upon it, to the amount in 1827 alone, of 800,0001. Bet he could calculate on no such sum in the present year.— There was nothing in the present state of our crops to show that importation to a large extent would become • necessary, although to a limited amount it might be so ; and hence in making his calculations as to . the revenue for the year he omitted taking credit for any revenue to be derived from the duty on foreign corn. This sum of 800,0001. should be, therefore, de ducted from the amount of Customs Revenue to be cal culated on in this year; and to supply this deficiency he ✓elied upon other branches of the Revenue. The Cus tplits Revenue of last year was deficient in the articles of sugar, rum, and brandy; but he expected a great in crease for the.m• in this year, and also a considerable increase upon wine. The revenue in sugar fell off :300,0001. in 1827, compared with 1'826; but it should be remembered that last year there was a short crop, the price raised, consumption diminished, and he need not add, that a defalcation of ire Revenue must of ne cessity have ensued. This year, however, the reverse was the case; there was certainty of a good crop, the quantity would reduce tlfe price, an increased consump tion would follow, and the increase of Revenue arising therefrom he estimated at 200,000/. In referring to the Accounts of the Customs Res elute for the last half year, he found that the increase . had been owes the CorresPon diiitperiod in last year 180,0061. and .he had every reason to•expect that the half year to come would give an equal amount. The duty on rum fell off last year as compared with 1826 to the amount' of 400,0001. bin that was capable of sufficient explanation. In 1826 the heavy duties were removed; an inconsiderate consump tion and supply followed, but that could not be ex ptcted to continue in 1827, and the defalcation equalled the excess 0f'1826. In this year the Revenue would be grea.es than that of 1827; and taking a mean between the excess of 1826. and the defalcation of 1827, he ex pected an excess of Revenue equal to 100,0001. Oiii brandy also, which bore a proportion to the consump. tion ernes", he expected an increase of 50,0001: Wine , stood.ina different situation to either of these articles ; dm!. w as no diminution of its consumption; it was ra ther going ocmt•a.steady augmentation, and gave an excess of Reveaue in 1 027, as compared with 1828, of 200,0001. Altbgether, however. he would take the in creased duy on wine at 150,0001. for the year 1828; and the heads of increase would stanckhus— ou Sugar . • Ori Bum and Brandy • On Wine • • • . £500,000 • • . 150,000 . . 150,000 Makjng an increase fer 182 t over. 1821 el' 600,000 which, set against the amount of Corn Duty received in 1827, would still leave a deficit to be covered of 200,00 , 1. 'the duty on the Ctelotres in the last six inonths exceeded the same period of the preceding year by 300,000/. and it wouli be bat lair to consi 'er afar the coot!' ued, increase in the consumptiorvof these dif ferent at ticks would furnish a considerable additional' Revenue. The secoud great branch. of the Revenue was the Ruts , and that he would take at a higher rate li thaw it was in, the course of last year. In 1827; it fell off, as compared to 1826 ) in the sum of 700.000/. but that deficiency could give no alarm. to those persons who were eatrusted with' the dineetion of the public Revenue, inasmuch as the .dirseiency would be covered by the duty prows**. Lisi year these was a deficiency in the barley, sted- ! Ilps mobsters were alarmed at the segulations which wers'imposed upon their trade; but their, alarms was now removed,. and-there was every ground to inticipate'an augmentation of the Revenue in that particular branch. At present the duty received on that articlafeeThiayear was 300.0001. and there was besides a large quantity on which the duty had not been yet received, which, with the sum paid, would fully cover the deficiency .oftlast year. There was also a de liciency in the duty on beer, in 1827, of 170,0001. but on looking at the Return, lately, he found that the con sumption of that article was on the increase, and would continue to be so. With respect to other articl es h e could also say, that,. taking the ! , whole of the United Kingdom, there was a generaNnereaseof consumption. In hops them was a decrease, and also Upon auctions; bat the deficiency in the latter he regarded as a proof of that prosperity which existed in every blanch of trade. He would then take — The assumed increase in 111214.5 t • 5041 000 1 From which decker deficiency in the Ciati;sus 2000001 And thrsurpimi would be• over Ml' 550,4)0 • .In itdIPRS therr was 0 11 * imPF 9 yeamit. and he. cakola;cd..on a further-gradual increase; but-wbila on shirsubikathkentist lay ) thiit-much bflhAsinfreese should be attributed to the zeal and diligence ezeicised by the heads of .that department. Thos revenue from stamps he estitnitled at 200,0001. and in the assessed t a les tliette,wo also an ine Arne ovve,astsr of 81060/. but as that a at admitted of csiderable va cation, he would nor -estienal eitat a higher rate than 504001. ThePost' Office, and other smaller kerns of revenue, 'he would take at the estimate of last year, as he was not inclined, to make any improvident calculation of prozperoits events. He would rather feel disposed to underrate the amount of Revenue tan otherwise, because he knew the danger which must almost inevitably arise from t .i v i ng a too flattering account of the country's finances. The whole augmentations he would rake at 800,0001. last year it was 56.0001. more, but then deducting the corn duty paid last year he would only calculate upon the sum he had just stated. The Revenue of Great Britain alone presented an augmentation of 8.50,0001. and it gave him infinite pleasure to state, that the Re. venue of Ireland had increased in this year, as com pared with 1827, in the sum of 150,0001. There was every appearance of continued improvement. but he would not calculate upon any larger sum. The result then ri all this would be, for 18'28: Ordinary Revenue . . . . £50,381,000 Pensions from the Bank • 3,082,000 Extraordimeries and Minor Receipts . • • 458,000 Total Revenue . . . . C. 55,902,000 Expenditure for 1828 — Interest of Debt and Exchequer Bills . . 8E28,059,000 Naval and Military Pensiohs . • . . 1,692,000 Other Charges on the Consolidated Fund . . 2,200,000 Which viould make in round numbers about . 32,000,055 The vote* the Ainty, Navy, and Miscellaneous, being airifillo less than 1827 . . . . 18,028,000 Sundry smaillenis . • • • • • 76,522 £50,104,52'2 Which deducted from the Income,leaves a surplus of X 3,797,508 Front chic, however, was to be Deducted the dif ference between the advances for I'ublic Works and the sums received from the Commissioners 100,000 Leaves a surplus of . . £3,088,708 From this statement, which was by no means over charged, the Committee would see the visible improve ment which the country had arrived at in 1828 ; it would give an increa%ed revenue over the year 1827 of more than 2,000,0001. Such then being the surplus of the Revenue, it must be obvious that if they were to provide for the annual payments under the Sinking Fund, some source must be looked to from whence to make it up. It they compared the positive surplus with the sum at which the Sinking Fund had been main tained, it would be found that a deficiency existed amounting to little short of 3,000,000/. If then they were to act in strict confar mil y with the law, it would appear from the statements he had made,that there were but two courses open for him to recommend, or for the Committee to adopt, with a view to making up that deficiency : either by imposing fresh burthens on the people, in order to raise the income of the country until it yielded the required surplus; or to follow the course which had been adopted in antecedent years, and supply the de ficiency by public loans, and the creation of additional funded or unfunded debt. With regard to the first al ternative, he did not think that any one in the country would be found to recommend it. He did not appre hend that there was at present any necessity for such a coutxe. He did not believe that any circumstances arising out of the present state of the public credit ren dered it necessary to make fUrther accessions to the taxation of the count - Ty, in order to give it stability, or 'to gain for it the public confidence. They had not to deal with this deficiency now for the first time. it was one of which Parliament had long been cognizant, and one which Parliament had so long permitted to exist, that it was not necessary to resort, under the present circumstances of the country, to this most inconvenient, and, indeed, impracticable course. The other mode, then, by which the deficiency could be supplied,•was the mode of borrowing. To that course he was free to say that he felt the strongest objection. He had long felt —and he was sure it was the strong and general feeling of all who'had given their attention to such subjects--; that to borrow money in time of peace for the discharge of debt, was a practice highly objectionable in prin ciple; one that was not defensible upon any grounds of reason; and calculated to create delusion while it produced tiro - substantial advantage—(Htar, hear). — 'He said triis without the fear of being supposed to im pugn the.principles upon which the Sinking Fund was first established. It was not established under the idea of borrowing money for Is support. Mr. Pitt contem plated the' application of surplus funds to its purposes'; and it' was in his anxiety to maintain that surplus that he displayed such unparalleled- energies, that he aban doned so much of hrs 'patronage, and sacrificed so much popularity. Mr. Pitt felt that to keep up a salutary Sinking Find, a real surplus was indispensable, because' a real surplus was the only means by which it was pos sible to effect a real liquidation of debt. In lending himself, therefore, to the objection against borrowing money in time of peace for the purpose•of keeping up a Sinking Fund, he was confident that lie was not act ing in opposition to the principles of Mr.. Pitt, or to the course which that great Statesman would have pursued. In the necessity of keeping up that war, which was as foreign to his'inclination as it was to his wishes and his hopes, Mr. Pitt was driven to the choice of two alterna tives ; he was obliged either to abandon the Sinking Fold altogether, or to support it by borrowing money pima a principle contrary to. that upon which he bad established it. He was convinced that Mr. Pitt would not have departed from his own Pt inciples but under the pressure of necessity, and lie felt bound to follow his ex ample.. He felt, however, that there was an additional objection, and which had been stated by the Finance Committee, against the system of borrowing money to keep up the amount of the Sinking Fund. At the pre sent moment he thought there would be peculiar dis advantages in making up the deficiency. by the issue of Exchequer Bills. He was not blind to the uses which had been made of that species of•money, nor to the.pros fit which the country had derived from them in the transactions of last year. But arrangements of this kind must' have their end. fle was aware that the use of En-hegira Bills-had its advantages; but on the other hand, he could not be unmindful of the chances of evil to which.they exposed the country. It was not in the present circumstances of the country that danger could be apprehended from the existence of Exchequer Bills. But who could say how long it might be before the necessity for fresh exertions should occur? Who could answer for what new circumstances of difficulty might arise ? And who could foresee what would then be the consequence of having the market encumbered with Exchequer Bills in a greater degree thamit was at pre• sent? He, therefore, was one who would not agree to raise the money to supply the deficiency on the Sinking Fund by an addition to our unfunded debt. He would rather take all favourable opportunities, as they arose, for its reduction. He did not wish to take any rash or • precipitate measure with regard to these securities; but be thtusght . the viewstsf Parliament and of the Govern (nein' ought ,rather to be directed to their reduction then, they were not , ;ban to duet ,augmentation. ito resort to additional taxation as a means of sup. plying other th hand, it was edeficiencyint ine heS x in p k ed in ie g rt toFund,and on the supply id by any increase of the funded or unfunded debt, it appeared to him, as it had appeared to the Finance Committee, that there was only one course kft for Parliament to take. That course was, to commence from the, present .period, and reduce the nominal amount of the Sinking Fund to its real produce as a surplus of income over expendiithe. In doing that he would not be suppose,t to entertain an idea of abandon. ing what he considered to be essentially due to the character of the country, and the maintenance of its best interests—the making a regular and consistent er. fort to redeem its debt, which indeed lie considered ab. solutely necessary to its present sa'ety, as well as to its fume strength. The measure he should propoft,could have no such effect. By reeu:ing the nominal amount of the Sinking Fund they shiu'd still be able to apply the same sum annually to the liquriation of debt et they had hitherto done, only with this difference —they should depend upon real resources, and forbear to bor. row. They had, it was true, for some time been under an obligation to apply 5,000.0001. annually to the re.. duction of debt, but no more than 3,000,0001. had been 'in reality so applied. In the course of the last five years, they had reduced 29,000,000/. but to effect that, different sums had been borrowed from time to time ; arid if they only applied to that object the sums omit which they had full power, he would say that thug should be acting equally for the benefit and security Cr: the public creditor, and for the advan:age of the coon try, while they si,ould not only,be diminishing expense, but at the stme time getting rid of that anomaly, and, in some degree, delusion, of borrowing on the one side to pay riff the debt on the other. Having now corri pared the general estimate of the Income and Expendi. ture, and having stated the manner in which it was pt.. po , ed to apply the surplus, it only remained for him to call the attention of the Committee to the Supplies and Ways and Means of the present year. For the present year the House had granted Supplies For the Army . . . • . . . ie8,049100* That being less than the antecedent year by . 145 009 For the Navy 6 ,0m,006 . . . . . . Being leis than the antecedent year by . • i:So f 000 For the Ordnance • • • • . • 1,600,000 Being a reduction from the last estimate of 50,009 For the Miscellaneous Services . . • . '2,220,000 Upon which there was a reduction from the amount in the preceding year of . . • . . 90,000 Making a total reduction upon the several Establish- 41S i elo 11,000,006 - meets of . . . . . . Which, added to the Vote of Credit taken lest year, reduced the amount by about . . Leaving what he proposed as the charge to be pro vided for, exclusive of Exchequer Bills . . 18,e6,090 He now came to the Ways and Means, by which that charge was to be met. Surplus of Ways and Means Grant from the East India Company . , Repayment of Exchequer Dills issued for Public Works . . • • • • • . .CZ:;3g000 80,0011 IMOCO 3;000,001 Annual Duties on Sugar . • . . . Trusters of Naval and Military Pensions for Half a Year to-sth July, 1827 2,1344111 Surplus of the Consolidated Fund • . . 10,190,008 Ways and Means for 1827, to be applied to the Ser. vice of 1828 3,012;60 Of this last item it was necessary to give some expla nation to the Committee. In the financial statement of last year the Chancellor of the Exchequer proposed to take up the advances made by the Bank to that amount, and took that vote from the House. The three millions of debt, so created, were replaced by the issue of Ex chequer' Bills. Therefore the whole amoynt of Exche quer Bills, to be voted this year, would exceed the former amount by three millions, as contemplated by Mr. Canning. This funded debt was of no new creation, the amount having before been charged upon the Car solidated Fund, which was inadequate to meet it. The result of this statement was, that the Ways and Means of the present year afforded 18,869 0001. to meet an expenditure of 18,628,0001. Having, then, stated to the Committee what he conceived to be a justifiabk estimate ot.the income and expenditure of the country, an explanation, of the manner in which he proposed the surplus to be applied, and a statement of the sop. plies granted, and of the ways and means by which they were to be met, he was not aware that it would be necessary for him to trouble them with any funfair observations. He would forbear from indulging is any anticipations of what the resources or the wants of the country would be in future years; yet he could not deny himself the satisfaction of congratulating the • Comthittee. upon its general state and prospects.— If they looked to the state of trade, they would find it to be one in which our exports, during the last . year, gave a considerable excess over those of any it the preceding five—one which afforded every eo viuragement to the hope of permanent employment and prosperity to the manufacturers, shicli depen on the labour of so large a portion of the population. It they looked to the Shipping Ii terest, they t and welfare indicated by an augmentation of the q.antil of tonnage entering our ports, which showed an increaiie in.the amount of imports corresponding with that et hihited in our exports. He saw a smile hom some I lonourable Gentlemen, intimating that this had been a disputi-d point in a former night's discussion; .hut 'he appealed to the returns, which proved that there had been a considerable augmentation of imports, corres ponding with and producing that increase in the execute of the county by which British manufacturei were car ried to every part of the globe, in return for tine articles which we received from fireign nations. h they looked to the comforts and prosperity of the peo ple as indicated by the Excise Revenue, they tteti.ti find that in most articles of that Revenue there tc.r. s large increase over the produce of the preceding year. It they looked to those articles of internal constituent; which depended greatly upon the means of the humbler classes, they found a. generally increased consumplini• The auhMentation upon the last year's consilmrtibe was, in Candles . 4 per cent. I Printed Goods . per mot. Paper . . 20 Spirits . . 9 In short, upon all articles of Excise Revenue within the last half year, there hind been an augmeniation,varY4 from five to twenty-nine per cent. in the consumrec of the lower orders; and they found, too, that the.."" crease was not only in the favoured di,tricts 01 -E"g' land, but that it also extended, he was happy to sayeto the working classes of Ireland. Could he then, wlieg he saw this augmentation of our imports giving even' sion to the rewards of manufacturing enterprise—whe n , he saw the Excise Revenue giv ing t h e surest index ct increasing comfort amongst the people, and Affecong no less the prosperity of the higher orders, whi,:!l was further confirmed by the returns to the assessed tales-- could he then desist from congratulating the House upon this state of progressive improvement, no less " affording a satisfactory prospect for the Revenue, than, what he regnded with much more satisfaction, as being the sure.t hat binger t,f permanent wealth and prthpell to the empire?—(Cheers). The Right Hotiourabx Gentleman then moved the following Resolution.: " That it is the opinion of this COmmictee, that. towards•the supply 'for' the current year, a sum not exceeding 3,012,60 1 . b ( granted to his Majesty, 'ant bf the Ways and Weans remainita I of 30V ace :Ili, ' at ti .a, if e it I hei . its 1 • hi he, reti er nil . ris er hi 644 i. it gee ain OW 1 jet .01' as nd ..Owe ry w nd esp h l t .f tt o b l etfu e 4 n b ti •hi Oft ion ise oso Snti o u ntil PI , e 8 hat ith. stei .one fa, sit; w slnt • • pl, I e zes nki , all Mi ; lan mp th , sed rel to Per b ,-, sira %teti the 'l tail enti Sy .T...1t • it %Ai nti ti . , eni ca w • ' . *til f f !, k