Star. — London, England, 1829-05-09 00:00:00

against the Cern Laws.—Beth Petitions were ordered to be laid ea she table. Mr. PEEL, in answer to a question from Lord Althea?, relative to the disconisa of the Small Debt Bill, said that it was with great rehtetutee that the consideration of that Bill was postponed. It was a question of great importance to the public ; but it was neer,. suy. heftve it came before the House to be discussed, to ascertain the compensation of persons bolding patent offices. The question was at present under the consideration of the Commissioners ; and as soon as their Report should be obtained. the matter would be brought before the house for discussion. After a few words from Mr. Bastes and Mr. Pus. Mr. BRANSBY COOPER presented a ?Aldan from the Council of the Royal College of Surgeons in London. against cut. tale clauses of the Dissection Bill, and praying that for the present it might not pass into a law. Mr. WA it BURTON believed that the Padden was not against the principle of the Bill, but rather against some of its details. He was inclined to think so from the circumstance of the petition being signed by some names, which were also appended to the petition ho (Mr. Warburton) had had the honour of presenting to the Hosea a few days ago in f of the Mr. Secretary PEEL thought that a very reasonable request bad been made; it was but proper that the very eminent body from whom the petition had come should have time to be made acquainted with all the details of the Bill, which bad only been printed that morning. Lord MILTON said a few words across the table. Mr. Secretary PEEL asked if the Noble Lord was aware of the evils that the present Bill was meant to prevent ? The Petition was ordered to be laid on the table. COMMITTIZ Or WAYS AND MEANS —SUDGIT. On the motion of the CHANCIILLOR of the Exenacesa the House resolved Joel( him a Committee of Ways and Means. The CHANCELLOR of the EXCHEQUER then rose. and spoke to the fallowing effect—Sir, is rising to address you upon a subject of such vast importance as that of the income and expenditure of this country— a talc confided to me by the First Lord of the Treasury —I do so under feelings of a varied and conflicting nature. I feel conscious, on the one hand, th it the statement which I am about to submit to the Com mittee, as to the revenue and expenditure of the coun try. cannot but be satisfactory to those best qualified to estimate its value; and I feel equally conscious that there ate incumbrances on the present condition of the country which, in some degree, throw a cloud over its prosperity. and a partial gloom upon its future pros spec's. But I feel conscious, also, that the revenue of the country is not only fully adequate to meet the charges imposed u t •on it for the public service, but also to the increase of that fund, which. at the recommen dation of Parliament, has been set apart for the reduc tion of the public debt. This, I r-peat, is a satisfactory consciousness ; but. on the other hand, I am not insen sible to the present less pleasing circumstances of the country. In common with a neighbouring State, Eng land has suffered from the failure of the late harvest. With that nation she shares also in common that de pression of trade, and commerce, and manufactures, which, after seasons of more than ordinary extension of operations, will occur. We labour in some branches of our manufactures. under an extent of distress which has been frequently brought before Parliament, in ono shape or other, during the Session. and in other branches a partial depression is exist ienced, which may alway► be expected occasionally to occur without roving that our trade itself is materially or injuriously affected. It does Dot eater into the duty I have to perform on the present occasion that I should inquire jab the ceases of those (which. I trust, nay, am confitleut, will prove only temporary) distresses. Honourable Gentlemen will ascribe that disttess to various causes, according to the extent and nature of their information. Some will attribute it principally to the defic•ency of the late har vest; others,to those measures respecting our currency which have been some time in progress. and which are now brought to a conclusion which. I trust, will be found to have placed that currency upon a firm and solid ba sis, and prevent that fluctuation which has been pro ductive of so much mischief ; others still will find the origin of that distress in that spirit of over trading and speculation which has in some meanie prevailed throughout the country, and which were conse quent upon the improved knowledge of mankind, and the consequently increasing extension of machinery, by which the power of production of our manufactures was pushed beyond the actual demand and consump tion, and which tended to produce repletion, and con sequently languor. But whether the existing embar rassments of the country are ascribable to one or all of these circumstances, I think l shall be able to satisfy the House that there is nothing in the present state of things to warrant despondency respecting our re• sources or prospects. think the House will agree with me, that that unpleasant state of things Is one which. in order to terminate, requires patient forbear ance of those suffering, rather than active interference of Parliament. With these feelings, and with these •iews, my duty on the present occasion lies within a very narrow compass. I can conceive no course more objectionable, than on an occasion like this to enter upon the consideration of questions capable of affecting the public securities sr revenue of the country, and. therefore, all which devolves on me at present is to present a distinct statement of the financial cir cumstances of the country—to lay before the House at as early a period as possible what has been the financial situation of the country during the year that has passed, and the estimates of our probable receipts and expenditure for the year on which we have entered. 1 shall endeavour carefully to coafine myself to this course, and with the greater degree of readiness, be. cause the mote I consider: the matter. the more am 1 convinced that whatever of embarrassment now affects, the country is not likely to endure. In4isef►arging this duty, I shall. in the filet place. bring before the House the whole state of our revenue and expenditure for 1828. I shall then proceed to lay before the House what I calculate will be the income and ex, enditwe of the country during the year 1829; and I -hall then take an opportunity of explaining to the House the manner in which his Majesty's Government has telt it their duty, in compliance with their pledge to Parlia ment daring the last Session. to apply the surplus that has occurred in discharge of the public debt. In point of strictness, perhaps the latter part of the subject ought not to be included is my present undertaking; but it appears to me so intimately connected with that of our income and expenditure, that it is preferable to uni•e it with them, in order that the motion for a Committee rem. , ting the Sinking Fund. which stands fir this vigil, may be included in the consideration of the statement I am about to make to the House—(Heat). It will h recollected by many Hon. Members, that . when I brought forward the Budget in the moi;th of July last year I estimated the revenue of the coo , tr, for that yeat tift2Bl at something near 54,000.0001. that is. at 53,900.0001.—that at the same time I esti mated the expenditine of the year at 50,100,0001. wad • that I stated to the House the probabti ty that at the expiration of that year there would appear to be a re dundaecy of 3,797.0001. applicable to the reduction of the public debt. I then took occasion to state to the House that, is making those calculations, I had endea voured te keep within the bounds of probability, and not to form as exaggerated expectation. The result Wowed. that there was so necessity for that caution ; for, when d Wend receipts of the revenue of the r e ,r 18211•411 be taken, sad compared with the espeadis tore, they will be found much more advantage ous than I had originally contemplated ; a result which einem fail to prove highly satisfactory to the country. 1 bad calculated upon'a revenue of 54,000,0001. and it tamed out to be 55.1870001. ; and, On the Other fiend, I an ticipated an expenditute of 50.100,0001. bur it amounted only to 49356,0001. The result is, therefore, that, at the expiration of the year 1828, we had a stupid. be yond what I had rrcknnei upon of 2,052,0001. which, added to the surplus I t,ad anticipated, made a gross surplus of 5,8500001. applicable to the purposes of the sinkir►g fund. An examination • f the causes or sources of this income w►ll. I think, be not less satisfactory to the House than the fac of the increase itself; for it ap pears that, with the exception of about 150 0001 they occurred in the two grrat bran-hes of our reroute, the customs and the excise. T..e House sill recollect that I had estimated the customs for that year (1828) at 17,600 0001. They sili be found to have amounted only to 17,200.0001. but the H use must not consider from that apparent decrease that an actual diminution did occur. The contrary is the fact. That apparent decrease arose out of an arrangement agreed to he car ried into effect in the last Session of Parliament, by which the tea duties in Ireland, which were previously paid into the excise, should be transferred to the customs of England. A diminutito consequently occurred in one branch. which went to smell the other. 1 had estima•ed '' also the decrease of excise at 800.0001. of which 600,0001. was by the transfer if the duties on tea; and on the other hind I had estimated the countervailing increase of the customs at 600,0001. whereas, in point of fact, it exceeds 7000001. With respect to the excise, which I had estimated at 19200.0001. 1 find that it reached 20,759,0001. but {sum which is to be deducted the sum I have already mentioned as the amount of the Irish tea duties; the net sum received will then be found to be 20.250,0001 giving an excess above that I had reckoned on of about 1,000,0001. That income has more or lees arisen on all articles of consumption, but the great body of it on those of malt and spirits, and on malt in a proportion very lir beyond that which I had estimated. in the year IS2B I calculated upon an increase of 600,0001 but I was carpi i , ed at the end of the year to find that the increase which had taken place within that year amounted to 1.3(X),0001. This fact speaks in the strongest terms the increased comforts of the country, as the revenue (rum this department is only capahle of being raised by general consumption, Moreover, although there was a considerable increase on spirits, yet the increase alio'. malt was far greater, an observation at which I am sure the House will feel satisfaction, because the cticlmstance must be viewed (such is my own full conviction) as growing out of a great improvement in the habits ot the people. I come now, Sir, to the other point of difference in the estimates I had the honour last year to submit to the House, namely, in the article of expeaditure. Th.e suns ex pended last year was 767,0001. less than that of the year piecedia.t. I will not pretend to say that the difference rose entisely nut of saving in the expel se. Part of it was o. casioned by the post ponement of tee tain payments; that • f our naval force in the Mediterranean, for ex ample, which, had they been made within the year, would naturally be charged, and which must be paid sooner or later. Part of that sum, I will say, bow. ever, loose out of the economical administration of, the funds provided by Parliament, and must be viewed. therefore, as an actual saving. In making this statement I claim no merit, for I feel that it is the duty of every individual holding the situation I have the honour to fill, to administer the public money with economy. The full sense of that duty I entertain. The performance of it was recommended, indeed enfo►ced, by the commands of Parliament, and it has been carried into effect as fat as possible, consis tent with the public service. I repeat. that I arrogate not merit to myself, or to his Majesty's Government, for this statement which I make, merely because it has been said that, in•tead of economizing, the disposition of his Majesty's Government was to lavish expenditure, And consequently to misapply the funds entrusted to, them by Parliament. To this statement. therefore. 1 invite the attention of those who entertain ►uch opinions of, or who attribute such a disposition to, his Majesty's Government, convinced as I am that the mode in which the public funds are applied will beat the severest sera tiny. Sir, I can sincerely state, and what is more, if necessary, prove, that the principle which led to this part of the reduction of our expenditure has been ex tended to every possible point, and particularly to the expense of the collection of the revenue. In following up that principle the patronage of Government has been necessarily circum.cribed, and in a degree which may equally surprise and satisfy the licuse—in those supe rior offices.Consinissionerships, to an extent which those who recommended reduct ion could not have anticipated. There are now either actually reduced, or in the course of reduction, no le-s than eighteen Commissioners of different Boards—(Hear)—the salaries of whom were considerable. and the discontinuance of which must have its effect in reducing the estitnate-. The result then of this exposition of ti e Revenue and Expenditure of 1828 is to show in the House that there has been a larger sum applic able to the :edited .n of the public debt, within the year 1828 than had been available for that pur pose during any year some 1822—a surplus arising huml the revenue of the country ; for, in order to make the ealculationjust. we must strike out of the int rease those sums received from the bank on account of that which was known as the dead weight and the money (not a small sum) received on account of the Austti.ii loan.— repeat, then, that, if examined, it mill be found that there war during last ye.r an actual boats Ede 'topless greater than that of any yea► since 1822. 1 say, there foie, that if we take into view the fi 'attend slate of the country during the year just ended, it cannot fail to prove satisfactory—satisfactory as not only fulfilling the recomisendation of the Finance Committee, but sa tisfactory also (looking into the details) of the general improved prosperity of the country during that year. If it be considered with reference to our foreign trade' and exports, it will be found to exceed that of the pre ceding year, and it will not only give satisfaction as to what took place in the time past, but acme well founded l hopes of the future. It appears, Sir, that, in the exports, of the country during the year 1828, tin one article ex-1 cepted, has there been a seroible dimintui••n; and when I speak of that as satisfactory, it is became I had to com pate the custom duties of 1828 wi.h those of 1829, a year which, compared with all the preceditig years, was not merely of unusually large, but of extravagant importa tion. And yet, 1 repeat, in no r tie ait;cle of our exports was there last year a sensible diminution.— The export of linen in 1823 exceeded by nine million yards that of 1827, which had amounted to forty-five million yards, or nearly one-fifth. On wtonlens. hard ware, and other articles—indeed on almost every other article, cottons only excepted—there was no diminution, and this comparison, the House will bear in mind, is with a year of extravagant expontation. In these facts, also, we find evidence of the improved state of the cotto ny, which, added to the evidence I. have adduced from the Customs, and the consequem extension of our con, met ce. furnishes in my mind ample von d fit co. gi a tulating this House and the country. 'I come now, Sr, to vie* ahe.aituation. or rather what is to be the situa tion of the country in the present year of 1829, and in dealing-with estimates instead of fact-. I trust 1 shall Satisfy the House with regard to the correctness of my anticipations. Having examined them with attention. and in every point of view, I am prepared t.i offer my statement to the House as one not merely satisfacteey. AS excreding . the honorable E.timates for 1828, but as one which, if compared with the actual receipts of IS2B its-If, would be satisfactory. 1 will net say that there will net be a yea redircom in the Revenue; it is impossible not t.• expect it. But, in the situation in which we are placed. or in any situation 01 the country, we mug look for alternations of prapetity Arid stagnation in trade. Blessings a.e not showered on individuals or on nations without corresponding inflic tions. With - nations as with men, pride and arrogance arising out of success, would la possess them merely," but for those wholesome checks— he offspring of at. versity. We are, and have been, blessed with prospe rity beyond any other nation in the world ; and, these f .va, we ought not to despond or to complain at thr temporary pressure of adversity—(Hear. hear). The reduction of our income within the present year, that to which I have just adverted, is a nec-ssary part of that system, and of those me‘sures of which the House recommended the enforcement last year—by the ab straction of the .som which for a few years previously had been received on account of naval and militai y pensions. and by which a diminution of nee, ly 2.000,0001. Or exactly 1,900,0000 would occur in the receipts for the year—(Hear, hear, heir). This is not, however, a point on which it is necessary to dwell ; it was anticipated, and the transaction to which it is peaty owing was recommended by a Committee of this House. Sir, with respect to what may be strictly mewed the revenue of the year, we must also be prepared for a corresponding reduction. But, if we were to estimate the probable reduced amount for the year by that deficiency which appeared in the accounts of the revenue for the quarter ending oo the sth of April last, we should make an oves-rated and exaggerated calculation of diminution. It appears from those retrains that the reduction of the revenue for that quarter, as compared with the !Off f'S ponding gorier • f 1828, amounted to about 513.0001. of which 2800001. arose on the customs, and the re mainder upon the excise. Now, it happens that that diminution is capable of explanation and of proof— that patt of it only arose out of a diminution if the revenue—and that a ',onion of it was only a postpone. meet of payments that will be made in subsequent quarters. Honourable Members know very well that the min revenue is collected and the returns made at intervals cf six weeks, and that it will occur in certain years that the Quitters will not he completed with the termination of one of those pet josh; and such was the case in the Quarter just 7,nded. Moreover, our Excise collection having been postponed for a certain period, in consequence of retaining to the Mondays as the days in which to commence, there was consequently a week's revenue less contained in the Qualm ending the sth of April, 1829, than in the corresponding Quarter of 1828. I have had accounts of the sums which would have been paid had the rounds taken place on the same day as in the preceding year, and they amount to no less than 205,0001 reducing, thereto , ., the declared deficiency to little more than 300,0001. With respect to the Customs also, owing to the bills from the outports being of shorter dates than formerly, they did not come within the Quarter. The amount of the sum that on that ac count ought to have been added is 85,0001 making a still further reduction of the deficiency, the whole of which would therefore be little. more than 200,000k — An explanation which, being founded on incontrover tible tact., I am sure will give satisfaction to the House. Bw, notwithstanding my anxiety to remove from the mind of the Bans any exaggerated apprehension of a deficiency in that quarter, 1 cannot conceal horn them that I Anticipate a reduction of 225 0001. in the Customs. I do not think I should be justified in stating it at a higher amount, as I have reason to think that that amount will cover the reductir.n. In the department of the Excise I expect a greater reduction than that i of last year. Indeed it is impossible after a deficient bar vest, that so large a quantity of malt should he made 1 this year as in the lest. I think it necessary to add,that up r to the present moment there is no deficiency worth notice, . when it is remembered that the amount of the malt duty falls in the late quarters of the year, namely, Otto her and Februa , y. The falling off in this point may be exp-cted to make a considerable diminution. Ido not look for any decrease in the amount of the smaller ar ticle, of consumption. Generally I have estimated the decrease on the excise at 6000001. The amount of the customs and excise together I calculate at 37,150,0001. Making these allowances for the diminution of the re venue, to the amount of 800.0c.01. I am happy to be able to state that no greater dec: ease is likely to emir in the oth. r branches of the revenue. The duty on stamps is in sh.w but certain progress. The taxes are' not diminishing, and the revenue accruing from the poshotfice is quite equal to that of last year. In calcu. taring this estimate of the receipts . f the coming year I couceive I do not fall short of my anticipations of last ye Ir. The general result, therefore, of what I have :toed is, that the united amount of the customs and the, excise for the next year will amount to 37,150,0001.. This statement I make on two grounda—first, on a com- 1 parison with the receipts of the last year; and secondly, with the average amount of the revenue of the last is years. Three of these w ere years of large rec , ipt, and the' three latter of small revenue. namely. a reference to the receipts of the last year, and to the average receipt;ot the last six years. These data, taken together, have enabled me to make the estimate abich I have just stated. The revenue arising from stamps 1 estimate will amount t 07,100,0001. the taxes (taking them at the sum of last years to 4,850,0001. the post-office to 1,950,2001. The total amount of the revenue was 50,870,0001. about the usual sum. To this were to be added 60,0001. from the East India Company; 255,0001. impressed money. Among the extraordinary resources of revenue was the repayment of 100,0001. to; the silver coin which we had issued to I eland. It was, however, to be remarked, that this debt being once paid, the same source of revenue could not be expected to exist for future years. Then, there is ti.e price of the city canal, an item to be added to the consolidated food; 70,0001. proceeds from the fund of an office in the Court of Exchequer in ' , eland; added to these 55,4001.-311 making one collective sum of the revenue It r this year of 51 347,00 1. Having stated to the House the probable amount of revenue. I shall now proceed to the expenditure cf this year.— First, then, there is the charge on the debt of 47055,0801. the interest on Exchequer bills 8600001. funded 555,0001. bank annuities ch irgesl on the con solidated fund, 4100,0001. making the whole amount of the fixed permanent uebt, over which the Parlia ment bad no comma'. $0,688,7401. inc nex. point is the amount of the grant, %Inch se have made fir the year. For the army, iirclioling the mil Om, we have voted 7 769.1781 being less by 300 0001. than that of last yeas ; for the Navy 5.878,0001. s is 500.0001. less Ant the arnount of la , t , Pat . • ~ dims; for the Urdoence 1 738 tRIOI. being an we b% (4 170,0001. over that of last year. thnueh not arisiny any enlargement of the establishment ; 1 r the lemons m.tter52.067.9731. being less by 100.0001.th ‘i the amount of lwt year. The total of u e Army and Navy is 17 440,000/. that of last year having b en 17,776 00(11. We have thus saving nn the year 3 6 0001. and when it is rem• isheied that this %so ft , ha. been made without impairing the Ai kitty of nay est .bli‘hmes , t, and solely by all adherence to 'colloquies/ arrangements. 1 am sue that the Howe will see that et*. y rift), t has been made by the Government to t ee . down the expenditure for the service of the country -re a scale comi•tent with the returns of the revenue. U the House will take the double to compete theesp es da. :tire of this year with the gia ,ts of 1817, they will 6ed that the Estimates ate dieniaisnd by 1,500,0001.80 t t o , sides these ordinary grants we have to provide f ool , hundred thousand pounds for the unforeseen ezpes io resulting from the obligations of the treaty by "hid., were bound to pay the claim of Spanish subjects in cow sideration of the still larger claims of British anhian s on the Court of Spain. Then taking the vett e . 01 t he year at 48,533,5931. and the income at 51447 .0001.. th is will leave at the end of the year a surplus of 403 cm applicable to the reduction of the National Deb , . I so aware that it is espected as a mere smatter ottooro m at a person in my situation should calculate on a swylt e ..t at least three millions towards the eatinction t f a s Debt. But 1 contend that the resources of thecountty aye stitSeient to produce that amount, and that if Parham* I will firmly adhere to the recommendation of the Cle o trainee ta keeping up a reasonable amount of tastier, they will be able to supply such a surplus. We have had such a surplus this year, and I see o° season why we May not look for it in future years, or why, if we only awed to our expenditure, we may ant realise similar expects. tioas every year. I alb aware that some Gentlemen will object, that out of this sum of surplns..—e io d y. 3.150.0001. we have to pay the amount of the aanuitio hitherto charged on the consolidated fund ; and that die apnoea's tend to diminish the amount of our w e d urplus. Bat I say in answer to this, that thee:o a k en of Finance contemplated the annual surplus as a fed to be applied to the payment of annuities. However,' will allow that it is but just, as is provided in a Billow before the House, that the annuities should not he charged on the surplus revenue, but, like any other ins of expenditute, on the consolidated fund; and it is to le expected those who shall hereafter have the miteags• meet of the revenue will add that item to the debt lel the year, and release the surplus fund from it. Them is another point to which I should recommend the p t . son who may hereafter manage the financial Of 4iti 4 the country to amid. namely, the distinction bowie' the temporary and the permanent annuities. If ths HOuse will allow me I shall present it to them in the shape to which I allude. After 644,0001. are deducted three millions will remain to be applied to the anis. don of the permanent debt. The English annuities amount to 24,240,5481 the bids to 1.340,5481. r. these the Sinking Fund is applicable. Lore anaskin 'is million three hundred thousand pounds; bank Ire hundred and eighty-Eve thousand pounds ; life gala. tim e instituted by the 48th of the late King. 151,001. Waterloo seven thousand pounds—making a total sf 11.611,0841.; as amount of debt, which, after the Billet the table shall bay, come into operation, will begiste work out its own eitinction. And bere I request the/lets to forget that part oftbe increase of the espenditurewbid arises - from incorrect payments made to annuitants cods sinking fund. Now. in extinguishing tie personage tuitional debt, it would be unfair if we did not takeino account the expenses of the temporary debt, our nitro in reducing the permanent debt to a temporary best to obtain a clear surplus fund. This accounU for th sum of 645,3001. deducted from the surplus to coolie balance the expenses of the temporary annuities. he may be asked the grounds of this. Sir, there is a Oil on the table providing for the conversion of the per manent debt into temporary. It the Bill should pa% and the measure should be found to answer, weirs, be released from the necessity of providing a sinking fund of 5,000,0001. 1 am anxious to point out is the House that this sort of conversion of annuity isms temper try debt contains in itself the principle of igen. sinking fund. So much for the mode—a subject deept ' to be considered, of reducing annually the amount if the debt. Though I feel considerable satisfactioe contemplating the probability of being able to MB the expet.tation of the Committee in providing agrees applicable to the reduction of the debt, my satilfasion would be unmixed if I could predict a larger surples fer the coming year. To whatever it may amount it is tle duty of Parliament to consider whether it should a should not be applied to the reduction of taxes. As this last is not a use to which it is not resolved to apply lte conceive it to be the duty of tbeHoose not to trench on ten surplus fund, but rather to reserve it to provide pile any sudden defalcations that may arise from acciikaul circumstances • not that I apprehend the coming deaf such events. The next point to whicb.l shall advert' the mode of carrying icto effect the secommeadatio of the Committee relative to the application of thew plus to the extinction of the National Debt every you And here it must be remembered that the Hoag is decreed, by a Resolution, that no sums sboold bear plied to it bat a bona /de surplus. This coaches another point. It is not enough merely to April tie surplus to this object, but to establish cestaia !erg°. tions for an equable application of it. It bas km* jotted to the system hitherto practised, that the see applied to the reduction quatterly has been vatisbk and unequal, varying from one million to one kg dred thousand pounds. The object of theßill on theism is to render owe equable the sum applied every VIM to that purpose. It has been the custom at the Too sury to make up an account every quarter day el* expenditure and revenue. Now, my plan would b e that the accounts should be made up for ceding quarters. and that one-fourth amount of the four collective quarters plied to the reduction of the debt; difference ray still remain between the each in the several quarters, still, the would be more equable and more regular, which lam about to put into the bands; will merely go to the application of the reduction of the debt ; but the Bill on contain the principle, as also the the power, the surplus in the hands of the CommissionerL JemptiJn of the unfunded debt. And this levied& ler of a resolution 1 have to polio's. namely, for the lel bon of the unfunded debt by funding Exchequer the ter ms of which are, that every party who ,ball to; scribe 1001. shall receive 1011. 10.. payable ie The object of this being to unite this fund to _ treated in 1824. It may be nbj cred that this wi ll ~ ' F escue as arta ; but the addition will be but ti al l s - clef the preolum being but thirty 1001. By the la t adjustment cents. was given to the party In the pr •sent c se toll. 10.. on ni.iy be a ked, *by adopt any urea,) a hi 111 si I Dr the three of the s should be and thos', he amounts relative a It. The t of the Chair be surplus • In the table owe'', of a lianas to ohs w 7 paUlu --- el 10.. payable is 1110 lite this fund to OA tl j cted that this Willi' it will be bot wit* si y shilliuys for ewlf Il,il. in Ilse toe' fge subbctibing 100 L it given. Bjt . Dram e relative t o d