Star. — London, England, 1829-06-05 00:00:00

the circulation of 51. notes. This advantage to the far riser being lost, had added materially t' the distress of the country; and that distress was more immediately felt at the present moment, when the rents were to be pAid, and when the accommodation formerly received from the bankers could not be obtained. Mi. WAITHMAN said, it was universally acknow• ledged that the greatest distress prevailed throughout the country, however men might differ as to the cause, and upon this point a variety of opinions did exist.— Some attributed it to over production, others to over speculation ; but one thing was clear, that the public expenditure was not lessened. The foreign trade of this country had been diminishing to a vast extent within the last thirty years. This act could be proved by the most incontestable evidence—by evidence no less than the documents of the House of Commons. He did not wish to undervalue the export trade of the country.' but he would Contend that it was not of much ant-' portance as to its home trade, and that home trade was confessedly in a state of ruin No longer ago than 1824 the then Chancellor of the Exchequer had declared every thing to be in a state of great prosperity; but the case was even then very different, and how utterly dif fel ent was it now! To the distress of the country might also be attributed the great increase of crime, and in the number of commitments both in England and Ireland, and also the vast number of bankruptcies which had of late years taken place. Mr. WHITMORE was astonished to hear that the foreign trade of the country had declined in the extra ordinary manner stated by the Honourable Alderman. In opposition to that statement, he believed that although the articles exported might have decreased in value, there was a great increase in our foreign trade. In sup port of his opinion, he would refer to authentic docu ments, by which it appeared that from 1797 to 1807 the amount of exports was seventeen millions; from 1807 to 1810, twenty-seven millions; from 1810 to 1820, thirty-six millions; from 1821 to 1826, forty-five ; in 1827, fifty-one millions; and in 1828 fifty two millions. Such was the alleged decrease in the exports of the country. He was surprised to hear Ho ignitable Gentlemen take such extravagant views of the state of the trade of the empire. He did not think the testoa ation of one pound notes under limitation would effect the objects desired by the Honour able Alderman. He thought that it would produce no benefit whatever. It must be admitted that the change in the currency had been productive of inconvenience— incouvenience that must always arise when the circa -1 oing medium is tampered with; but he did not agree with those who believed that an approaching crisis was to be contemplated. He contended that the country could not safely have remained in its former condition. The value of propetty was fluctuating sod uncertain. and the doubtful state of affairs would have led to emi gration and the removal of vpital. The enormous power of production which at present existed, and ttle impedi ments to the profitable investment of capital, naturally tended to create difficultiea ; the proper remedy for which, he conceived, lay in adopting measnres the very opposite of those recommended by the Honourable Al der man. He was petsuaded that the only chance of re lief f. oat na.ional difficulty rested in entirely telexing our conimetcial code. The great question of ibeopets trig of the trade is ith India would come under the con siderati-n of the House nes , Session, and i,e petceived a filo& nt getting riJ of embarrassment if that question v.. 15 tieate I riglaiy. The E ist Indies would resent • ' field fot the employment of so peruhundAnt capital, and an open trade with it would remedy the existing evil to a vast extent. With respect to the arguments of Honourab e G n lemen who attributed all tie commer cial dorress to the present state of the currency, he would sty that, granting their validity, it followed that the count., mu t have peen must prosperous when the currency was most depreciated. But Hon. Members would remember that 1800 and 1810, periods of that description, were marked by great distre.s, by a de- Mine in the amount of export., and an increase in the . number of bankruptcies. Mr. H. GURNEY said that, with reference to what had been stated regarding the relief to be afforded by lessen ing the taxes, he thought that, in the present situation of the country, any great reduction of taxation would b • nothing less than an acceleration of bankruptcy. He considtted the currency as the main cause of all the revulsions that had occurred. Unless there was a cert• fain portion of circulating credit, the business of the natl. n could not go on. Of that credit a part was formed of five pound and one pound notes; but a far greater past was composed of bills of exchange. It was probable that a revival of trade would bring a certain degree of relief, and with it a larger circulation; but he suspected that Government would have to step in eventually and supply some sort of paper issue. He expressed his hope, however, that a paper currency would never again be allowed to be issued upon the re• sponsibility of private banks. The Petition was brought up, and, on the Seesaws putting the question that the petition be now read, Mr. ATTWOOD said he would trouble the House with a few observations. The Hun. Member proceeded to say that the Petitioners had not denied the existence of over-trading, but they denied the conclusions which had been drawn firm the fact. He entertained the same conviction now that he did in 1820, which was, Volt tiie criestion of the currency would farce itself upon the attention of the Muse, and that it was in vain to thick of escaping from the consideration of it. The debt had been contracted in one species if currency, and the taxes were collected in another, and inquiry could net be evaded. The proper test of depreciation ap peared to him to be the general rate of prices. In 1811 Mi. Horner. no bad authority, pronounced bullion not so good a test as corn, and at that time the depre ciation was .50 per cent. This proved that there wa n thing extravagant in the views of the Petitioners. Many causes had been assigned for the existing cala mity, but in his opinion it had arisen from mistaken and erroneous legisla.ioo. A great public meeting of one of the most important towns in England also asctibed it to mistaken and erroneous legislation. An individual who should attempt to collect the causes of the general calamity from the dismssions in that House, would be strangely at a loss how to determine.At one rime hewould hear that over-trading was the cause; at another time under-trading. It appeared that commercial men could not trade to the satisfaction of the House of Commons. Sotretimes - the origin of the evil was said to li e i n a re . dtordatat population, and too little capital; and again it was stated to arise in an overflow of capital. For his own p art be deri.ed satisfaction from the plain and consistent explanation of a great body of practical men. A Noble Lord, for whom, in common with others, he • ett tained the respect due to him, bad declared in a prstl:er place, that his Majesty's Government was ready t receive suggestions from every quarter on the st ite of the minty, and to grmnt them all fitting attention; now, he conceived that t'ie suggestions of the 8,000 perstnt who had signed the Petition were worthy 01 the Irma glare consideration, and in that light be would recommend the Petition and its argumeots to the atm. lion of Government. Mr. Secretary PEEL said that, if the Hon. Gentle man could propose any plan to remedy what he called the calamities of the country, he should have proposed it earlier, instead of complaining, as of late, of existing grievances. It appeared to him, thatotter the derange ment of the currency in 1797. and the imposition of the bank testriction, any attempt to restore a healthful state of the currency must inevitably be accompanied by great distress. With respect to the changes which had been made at the time they were effected, they had at rived at a point when they were forced to consider the subject. and were left no alternative but to leave matters as they were, or to adopt measures calculated to pro duce stability. Two measures were open for adoption in 1819, and he could not conceive any other course than the selection of one of them. These were either to depreciate the standard, or to make the currency of the country payable in gold. An equitable adjustment bad been proposed, but it never appeared to him pos. sible to compass such an adjustment. and he had never heard of any scheme by which it could be carried into effect. It was proposed that a plan should be devised, by which those who bad lent money in a proper cur rency should, in return, receive payment in gold with a deduction. But the first objection to this scheme was, that the bank restriction was only continued from year to year, being considered as altogether tempos ary, and that the money was advanced under a positive as surance that the metallic currency would be testes, ed,and the debt repaid in gold. Then, with regard to the trans fer, he apprehended that all those who purchased into the funds after that transfer, would have the greatest right to complain, if it had been attempted to pay off the debt in 1801 in currency subject to deduction. A man who bought 1001. stock in the funds at 961. would have had a fair right to complain, if they visited on him the deduction which might equitably, though not legally, be claimed from the original party. who had perhaps advanced but 601. Under these circumstances he could never see how it was possible to produce a satisfactory scheme of an equitable adjustment. The question at present to be considered was, whether or nit it was expedient to unsettle the currency ? He con ceived that there was a great difference of opinion ex tant as to the standard of depreciation. It was the opinion of the late Mr. Ricardo, enforced by able argu ments, that the little demand for gold in the English market proved that the nominal difference between the market Ara mint price of gold was not the standard. In so far he conceived that Mr.lticardo was right. With respect to the subject generally, he must say, that the more he considered it, he was the more impressed with the conviction that the interests of the country required adherence to the plan which had been adopted, and he hoped he should never see the time when they would be obliged to return to bank restriction. He would ask the Gentlemen of Birmingham if the currency were increased in its amount by an issue of paper, what would they propose to do with the exchanges? Would they or would they not propose to leave the Bank to pay its notes in gold? He was ready to admit that Geis vernmeett might for a time give a factitious stimulus to the trade of the country. The principle was fully ex plained in the Essays of Mr. Hume. An increase in the amount of the circulating medium would produce a gradual increase in the price of every commodity. but after the artificial impetus had been given, the period of excitement would pass away, languor alone would remain, and it would be found that they bad only postponed the evil day. If they looked at the state s f rl►e exchanges now, and the state of them three months back, they would perceive that the increase of paper currency was :smiling else than encouraging the departure of gold from the country—(Hear, bear). It was certain that unless it stele proposed to teliese the ll.nk Irian the obligation or paying in gold by another restriction, the desiied ch..nge would leave it subject to a'l demands, and would end in exhausting its treasure. The Bank had a right to that relief if the plan recom mended by the Gentlemen of Birmingham were fol lowed. He would not admit the piemises ot the Hon. Gentleman. He would deny that the restoration of the standard had produced the existing distress. He did not believe in those doctrines. The Hon. Gentleman said that the cause could not be traced to over produc tion. Now, in that doctrine he could not agree; for if there had been over production there would have been a depreciation of the article. He denied those premises altogether. It they looked at the exports, if they looked at the imports, if they looked at the consumption of ex cisable article., curing the period that has elapsed since 1819, the House would find that an increase in all time points had t kin place, which would appear the more important, b-cau e in many cases the aniciunt of taxa tion had been reduced. Now, if the Mir. Gentleman contended that there had been an increased consump tion, and admitted, as he must, an increased receipt of excise duty. how was he to reconcile these f sets? He had bad himself an impres►ion that the increased elasti city of trai:e in Manchester, as respected silk in parti cular, had had an effect upon that ea Spitalfields and Macclesfield. and he had thetelore taken measures to ascertain the present sta . * of trade in Manchester as compared with former periods. Now, if there be th 4 universal degradation which the Honourable Gen tleman had asserted, Manchester must have home its proportion. But what were the facts? From the statement which he held in his hand with tefe fence "to the state r f the cotton trade ar the several periods of 1820. 1823, 1826, and 1828, the re sults woulJ prove satisfactory to the House on the que s tion. Now, to begin with► 1820, the year following that in which the alteration e.f the currency had bee.. deter mined on, and in which, of course. the effect of such alteration would have been begun to have been telt, he found that these were fifty-four manufac ones in Manchester, and which were assessed for the r oor rates at a value of 16,8061. In 1823 there were fifty six manufactories, whose annual rate of assessment was 18,2931. In 1826 the fifty fur manufactories of 1820 had increased to seventy two, and the annual assessed value to 20,0341.; and in IS2S (last year), the yea► before the annihilation of the small note system, and notwithstanding other causes of depressed trade, he found that the factories amounted in number to s e . vent y-three. and their annual assessed value to 25.2401. —(Hear. beat, hear). Al the same he felt it only tail to say, that several of those factories were at the present moment untenanted; but making allowance for these, when he found that iii the year 1828 twelve more factories were employed than in 1823, and that conse quently a greater proportion of capital was engaged io that trade during the last year than at the former period, how were those facts teconcileable with the assertion of the Huneurable Gentleman that distress had become general? Th-►e were the facts as applied to Manchester itself, and they were bi roe out by that which respected its suburbs, Charlton tow and Salford, where an increase in the number of t ictories had taken place, and the increased annual assessment of which was up- wards of I.IOQI. 111 Salford, in 1820, bete bad been but seven factories, the annual assessor•yt of which had' been only 1,6151. In 1823 there were twelve factorie s in Salford, the annual asseantent of which was 2 .5 024 So far. therefore, as cotton manufacture was concerned, and particularly so far as Manchester was concerned, he could see no mound for the allegations of the Hon. Gentleman. Now with respect to the silk trade. f which the House had heard for the last year so much, (more, indeed, than any other braoch of manufactite,) will] :elect to it, he shoo' ask, was it not pos.ib'e that an increase in that branch also had taken place in Manchester? In 1823 there were two thousand five hundred looms employed in the silk manufacture at Manchester. and 3,000 in the manufacture of goods mixed of silk vitton, worsted, or linen thread. In 1828 what had been the result at Manche-tot ? The 2 5: 1 0 silk looms of 1823 had increased to no less than 8 000; and those employed in the manufacture of nosed snoods bad increase) from 3,000 to nearly 4 000.—(Tire Right Hon. Gentleman here proceeded to read an extract of a letter from Manchester, dated Ist June, which stated that trade there was in great activity. and that every good silk weaver might have full employment). He contended. therefore, that increased amount of si k ma• nufacture in Manchester accounted in some me twee for its depreciation elsewhere. How, then, could the Hon. Gentleman make those accounts co , respond with the alleged " general distress of the country. ai ising out of the altered state of the currency ?" He (Mr. Sectet iry Peel) believed and regretted the fact, that there was. unfortunately,* stagnation of trade felt iii the c.iiiiitry but such a circumstance was by no means extram dinar y, particularly when the extensive combinations that un happily prevailed amongst the eperative CiA4WS erre taken into consideration. He believed, !marvel. that there were in add.tron other car.ses for that stains son. l and these were over production and the bad harvest of the last season—an event which al.says depressed fail• nufactures. The operation. too, of the A in..ticaii Tat iff had had an unftvouriole eff.ct upon our trade; but he was quite sure that that effect could re.t be lasting. as the Americans would, like the people of all other nations, have recourse t., smuggling to supply their mai ket w ir ls articles that were over taxed; for he believed it would not be denied that restrictive duties w. tod he always found to produce eves ywhere the same 'freers. In ad 'aim' to these he might further add that the war in South America, the war in the Levai.t, and the state rot Por tugal, bad also contributed to produce that stagnation. He thought, therefore, that there being nothing errs ordinary or peculiar in the present depression tat trade. that, a, at former periods, it would be bete- to suffer the vessel to right herself. than to make efforts f r that purpose which might prove unsuccessful. Many other Causes might be referred to as having contributed to pr o• duce the present depreciated state of trade, or as tending to aggravate it, and among these might be went' the system of extending factories. Firmed), when hard labour was generalry used in Manchester, stagna tion occurred, so.i.etimes occasioned by over produc tion, which evil was obviated by temp tary suspension of work. At present. when most of the niaoutactures are produced by machinery, no such remedy cast be ap• plied, as, ow ing to the Lteat expense of the ma.hiner y, no pause can be allossee.. Ul that many instances cruld oe adduced. Merry indivi. nal, had preferred sustain ing a loss of ten per cent. rather than cease to manufac ture, and thereby leave to others the possible "p i (rim. city of entering into the same trade. The gie..t ia.- provement of machinery bad Necessarily produced as great an effect upon those who had previously depended upon the labour of their hands. All the inquiries he had made convinced him that. within the last ten years, an increase had taken place of nearly one tenth in the' amount of manufactures produced. There was alio her, circumstance to which Sufficient attention had not been given, namely, the importation of manufacturing labour from Ireland. The moment the slightest in crease of wages of manual labour took place in this country beyond what was pail in Ireland, that moment these Was an immense imporiati.oi of la' , ur from Ireland. At the plebe, t monierit there were great numbers of Irish out of employment in Maitehes- ter, who wrre necrs.arily a bu then upon the prim rate., but the inhabitants frrling that in better linnet tli.ise poor people had conttibutrd to the prosperity 't the town, it could not be fair to send theM back, and the: e fore they continued to give them the means of support. The number of Irish poor nose receiving tel.el in Man chester was, he repeated, very considesahle ; and the effect of the importation of Irish labour upon English lab..ur was much preater than lion. Members believed. It must al:u have its effect upon any measures to be taken with respect to the making a proviion in Ireland , for t;.e support of ;he poor• population. He r. Vetted having been obliged to trouble the House at such len g th; but he felt that the observations he had made ought to have some effect b. fore recourse • AS had to rhea-ore, that would go to derange tha• settlement which Padua. ment had already deemed assential to the public in. ret est. He was averse at all times lons giving pledges. I but he tilt bound to say, as a Minister of the Clown, that, looking at what had taken plate, and at wh t might come to pass at a future time, he w as cons lased that no measure mote prejudicial to the public interests could be adopted than this attempt to derast i 4e and un- settle the system of the cur envy of the country. ►Mr. BARING admitted that stagnation in some branches of out trade unfot innately prevailed at the ptesent moment; but Sct could see nothing in it beyond the octutrence of nation, to which trade had been ever uccassonalty liable. Mmeoiret, stagnation in track was nt►t pecultal to England at the present moment; for it wi , uld be found to esist in Lyons (a city engaged principally in the silk tract., the same manufacture of the distress to which the House had braid so much.), in Rouen. and in all the Logy malinfactuling distiLts on the banks of die Seine. and, indeed, thens.ghnu• lye, fur ow. did not, thatfore, regret that the subject then beim e the H•iuse had ant been brought forward at an earlier pet sod. agreeing as he did with the Right Hon o urable Gentleman, that it would be better to leave the vessel to herself, a evinced that in good time she would recover het equilibt inns. The clostri.es of the country had been attributed to various causes—to °manacling, to the suppression of the small note , , and to the sinking fund, which, by the way, was not so exten sive as the world had been led to believe. The altered state of the currency had, however, been relied on as the principal cause, but he was sure the House would agree with him that the great principle upon which a currency ought to be established was steadiness—a principle which ought to be held inviolable. It had been urged that, owing to the altetation of c•ur currency, difficulty was experienced in raising money for the purposes of trade; but, as had been stated by a Right Hon;•seeable Gentleman on a former evening, no man entitled to credit experienced difficulty in raising the capital ne cessary for his business. In Liverpool and Manchester the withdrawal of one pound notes Irons circulation could have produced none of the distress that prevailed there, fur they had never circulated in those towns. In Paisley and Glasgow, on the other hand, they continued in circulation,aod yet distress was felt in both those places. It would be no easy task, thetefore, fur Hon. Gentlemen to prove that the mating distress had .arisen out of the suppressed circulation of small notes, and that•such ecies cf currency would relieve distress. f, " &m Ats. certainly, distress prevailed, but it w as only kcal, and iii.t general e r extraordin .ry. Tainket lug s I oaever. all the circumstances into our consi. des •tion. lie theme - it it ex•r• melt doolit:eel that this runny could continue to exist ste a }Feat „ tiering country while such a d•sproportion should con. tonne to exist bet wee n the remunetarti-n of labour am, the pees of food. When the Right H Gentleman said that a change had taken place in the seats of o ur sulk manufacture, he said only that which was true,and which had taken place respecting other aricles besides ; t ur we ought to takocate th..t it did n.;t 'hist itself from Engl ind to Germany; and such would. in all human pro's ebility, be the case if the same advantages weir not affordod to the Brutish manufacturers which were enjoyed by their Cohtinental comi.etltors. The comparative prices of labi.ur and of fond involved a problem which ought to be solved; it was one r n which the welfare of the country in a great measure dei,ended, namely, whether England. with the rice et uh,at at could compete with (i-rraystsy st lieu Ilse t rice i.f wheat was in-ly SO.. It e• its a mistake to attempt to estimate the tail in the value of in ney by the difference between ttie value est guld and p per. The real a•tetatiog in the value or or:.ney —of that Is use which meass•red all commodities—was c• ught for in its increa,ed City. During the war great part e f Etro:e depreci ate ,' the value of specie by tt•e- issue of paper, wli cis had the same effect orsi , ta the yo.d sh...is in inc mat het that 'he discovery •f a new mine w• IlAve r. He was • Ile arming nts yes %f -t. after Ili= Mat, ‘' e ' e c ( mb'sl.rd by some of the c• , iitinesit Govern/news a. ts a hat c• lose ought to be taken—eh diet IthcAh% hi to be tad rt. COtit to to abolish ll.e Jae:vice he ices tedis,,„ and passe., or *bestir, thissg, , hould he let alone? Th.,,,e consulted n.et at Pik and dos uss• d the solject belt , fully. Paper. as compared with specie. es aS &pita ited t'nee and three quavers to •se e. The question what was 'he wise add proper th ng fir ti:e (ivsvertsmert Ito do wleeie piper was seedeprecia•e,!? A I ier stilly dig. cimiog the matter, those cn e,ul ed ti tight .t as much injustice would be C trimmed in endeavouring to get back from three and three and threeloartets tie one, as had been sulf•red in• going f ont the one to these and three-gleaners. The consequence was, thit no attempt was ;made in Austria to get back paper 'to the standard 0 bullion. For the same masons he thought those in this coon° ry who had spoken of an equitable adjustmeist had been treated with mote ind.gnity than ts•ey deterred. It had always ,seared tie him that the restoration of a metallic cue. re cy would not effect the yo. id that was predicted of I it , and certainly to that was to be a.trihutei the relent fill in the price of comets° ides. The l.rice it corn, taken for a number of tears together, he thnispht the best genet al measute or she rake of irosi.ey they c uhf have. Lcolcints to th t the' y sti old find tie ellf•rtrice, Is near as might be, bet*. en s' e value of money now and during the Wait. T e s iffelence between the average price of coin of late yeas and during the war was as the differenc • between sixty and ninety; and that was also, he should say, the difference in the value of money now and then. A fall in about the same pre portion would be found to have taken place since the war in other commodities besides corn. All woollen— all silk— all cotton Manufactures. had fallen in equal or greater proportions. As Ite had alluded to the !mice of woollen manufactures, he could not avo d saying a wood in passing on the wan: fce ninon sense in th•le who wax ted to impose a tax on wool—(Hear, !Tar). %Vas it not plain, if the manufactures cssulJ stow lamely keep hi, ground, that it his raw material were taxed Ire most give up the manufacture altogether, or go with his capital to some country where bread and wool were cheap? As the Right Ho s. Gentleman bad mentioned the American tariff as one of the operating causes of the present distress, he mud beg to add, that the distress it had now caused was much greater by comparison, fur in anticipation of its effect the usual exportation to America had been much increased. In else five years previous to 111411 our exports to the United States had. upon an average, amounted to 6,000,0001. and in 18241 they rose to 8,..:00,0001. There were other causes, however, now at work besides the tariff to exclude us from the North American market. The population was thiekviling there. and home nianufactutes were of course rising It behoved us. therefore. to raise other markets. enlist. in Coloniee. which were our best, or in the States et South America, whose troubles it would be so advamgrous to our user. chants and manufacturers to have set at 'Ant Thaelung the Mew for the attention with which it had listened to bins, lie must con clude by saying that it was best to let ttungs alone—to stand still and not to meddle. Mr.WILIdOT;HORTON .aid the 11 , innarah's Gen. demon seemed to think that the true remedy for the distress of the country was tri leave things to themselves. The Resolutions he meant to propose he only wished to put on record for the future considerstiou ut the House. The Inc was, that a number of Ale bodied labourers were without employment, and many others ems plii)ed at istsuMcknt wages. The second was. that large slims were applied, directly and indirectly, to support those unemployed lo buuren. The neat Resolution was, that in this state of things no permanent improvement could tote place till the demand std supply of labour were regulated. Ia three parishes in Susses. it was ascertained th.t there were 114 abt., bodied labourers who were wholly unproductive; and he bad no doubt that many of the agricultural parishes in the kingdom were in the same stare. — The CUMetturner was, that the wages of labour generally mode. pressed. Some attributed all distress to the change in the cur. aunty ; hut how returning to entail notes could give employment to those work be was wholly at a Ins. to conceive. Others who did nut unit for a change of currency, thought a change in the Cora Laws would remove all our evils ; hut be thought no one could suppose that the Legislature would materially change the ezistieg Corn laws, and that tberetore some practical remedy should he sought or. His next resolution was, that a change in the prewot state of the labouring clones could only be produced by an 'nerve, in the funds lair the employment ot labour; or by diminishing the supply ot labour If productive employment could be found at home it would be done from motives or selfsiiiterest. He would he thefirst te increase employment at home if it were possible; but be was coos fident it would he bound necessary to resort to emigration, as the only effectual remedy.—[The Rt. Hon. Gentleman here read a leo ter irons Mr. Tooke, in lemur of emigration.]—Mr. Malthus was also a Wend to emigration. and so were the Gentlemen who filled the chairs of political economy in the Universities of London sad Olioni ; Col. Turrets, and Mr. Ricardo, bad also recorded their opinions in t ot emigration. The objection to emigration was, that the vacuum would be speedily filled up ; but be would appeal to Gentlemen conversant with the subject. whether the espener of emigration would nut be saved over and ever again before the filling up of the vacuum. He must now defend himself and the Emigration Commute, from the attacks of the Hon. Gentlemen opposite (Mr. Sadler), who stated that the mortality amongst the emigrants was greater than bad ever been known in any conntrre• that it amounted to one in fourteen, whereas it was not more tine one in forty, the mortality of Carlisle, the most healthful part if England. The Him. Gentleman founded his conclusion on the wv healthy year ot 1825, and even on that data Mr. Finlaysen, the Actuary, bad decided the deaths to be ors* in 21, and net we it fourteen. The emigrants were composed of throe children to 1 adults. and the mortality of children of the same ages animist she poor in England was one in twelve, being greater than the prark* ' tioa amongst the emigrants. Mr. Finlayson calculated that tberk! of mortality in 1118.3 amongst the emigrants was one in silty; 0 1 the average mortality was one in forty, equal to the heekbienel of Ragland. He thought emigration was supported both by he inty aud economy. ' A message from the Lords requested that the Home would arm' munieate to their Lordships the Report of the Committee Gs the Orphans' Fund. The SPEAKER replied that the Hoses would send as wow by messengers of its awn. ' Mr. SADLER said, the Right Honourable Gentl e. man (Mr. Wilmot-Horton) had, since he came ia:o the House. put documents into his hands which he had .it time • consider. He was charged by the Right Hoc. Gooks" I t , having selected the emigration of lOU prefareace laat 1823; but the Right Hopwarable Gentleman hid Uri.* g. rimed Lhe emigration of MISS as mast prase A sionA t li though changed from one in 14 to one in 111, was still a 'Borsht/ r out the most appalling nature. Any one oetrillalld With science o the jargo tality of tal and p greater th death• ter Yeate•, Charity CI ntin.ter (at Cathedra bum all pal erected for many thoui ve.it.irs. an , There were • full mem.