Star. — London, England, 1810-05-17 00:00:00

HOUSE OF LORDS, MAY 16. tiorCommittee of Privileges on the Roxb urg h P eerage was )inted for to-morrow. The further hearing of the appeal, Kennedy v. Locke, was appointed for Friday. Lord HOLLAND brought up the Report of the West Mid dlesex Water-works Bill without amendment. The Bishop of London proposed a clause to be inserted, for the purpose of re serving to the Grand Jauction Canal Company the exclusive right of supplying water within certain parishes and parts adja cent to the Canal, provided they took measures for supplying it within six months. The clause was opposed by Lord Holland, the Earl of Rosslyn, Lord Redesdale, and the Lord Chancellor, and supported by the Earl of Bridgwater and Earl Spencer. The House divided on the question that the clause be inserted. ....Contents 15—Not Contents 25—Majority 10. CAMPAIGN IN SPAIN. The Marquis of LANSDOWNE, in consequence of the indis position of a Noble Marquis, who was thereby prevented from attending, postponed his motion relative to the Campaign in Spain, till to-morrow se'nnight, for which day the Lords were ordered to be summoned. Adjourned till to-morrow (this day). 1 1 41tLLIM.E1V7.4.Rr PROCEEDINGS. HOUSE OF SOMMONS. On the motion of Mr. BASTARD, the consideration of the In.ikeepers Petitions was postponed till Tuesday next. SPANISII CAMPAIGN. Mr. SHERIDAN postponed his Motion on the subject if the Campaign in Spain, till Friday the Ist of June. He also stated, that a Bill had come into his hands, entitled a Bin for regulating the Poor of the Parish of Lambeth, by which powers were given to the persons to whom the regulation was entrusted, such as he had never seen bestowed by any former Bill. He intimated therefore, that be should submit some Mo tion on the subject of that Bill. POOR LAWS. Mr. WHITBREAD obtained leave to bring in a Bill to ex pisin an& amend the Acts for the Removal of the Poor, so far as /elated to the Regulation of Workhouses. On the Motion of Mr. DAVIES GIDDY, the Overseers Ac- counts Bill went through' a Committee ; the Report was receiv ed, and ordered to be taken into farther consideration on Tues day next. On the motion of Mr. DUNDAS, there were ordered to be lard before the House, Copies of certain Letters from the Pre sidency of Fort St. George, in the East Indies, to the Committee of the East India Company. The House went through a Committee on Foreign Gloves.— Report to-morrow. Mr. M. FITZGERALD gave notice that he should to-morrow clove for leave to bring in a Bill to amend the Laws for the en couragement of Planting Timber Trees in Ireland. The Poor Settlement BM was read a second time, aad ordered to be committed on Tuesday. The Mouse went into a Committee on the Irish Gaols Bi D, when the Report was received and ordered to be taken into far ther consideration on a future day, and to be printed. CRIMINAL LAW. On the Motion 'of Sir S. ROMILLY, the Bill for preventing Robbery In Navigable Canals went through a Committee, and was ordered to be reported this day se'nnight, on which day the Solicitor-General stated it to be his intention to oppose the Bill. Sir J. NEWPORT moved for the amount of Sums granted from the Votes of Credit of Ireland 1806 and 7, on account of Lottery Office Commissioners.—Ordered. Mr. WHARTON brought up certain Accounts of Revenue for 1809-10. Mr. FOSTER postponed his motion respecting the Irish Flax Seed Bill, till Tuesday. He also postponed his motion relative to Howth Harbour till Monday. 'Sir JOHN NEWPORT postponed his motion respecting Sir George Shee, till to-morrow ( t this day) se'nnight. Mr. A. COGPER brought up the Report of the Foreign Salt Bill, which Was received, and the Bill ordered to be read a third time to-morrow. He also brought up the Report of the Irish Strong Beer Bounty Committee ; when a Bill was ordered to be brought in pursuant to their Resolution. The Hawkers and Pedlars Bill was ordered to be read a third time to-morrow. DROITS OF ADMIRALTY. DUKE of BRUNSWICK'S ANNUITY. Ur. TIERNEY wished to know if the Right Honourable Gentleman would consent to postpone the question on the third reading of the Bill, granting the annuity to the Duke of Bruns wick, from to-morrow for one fortnight ; as if he would consent to do se, he (Mr. Tierney) would defer his motion respecting the Prolts of Admiralty, for that period. Mr. PERCEVAL dissenting to do so, Mr. TIERNEY gave notice, that he would to-morrow take the sense of the House upon the subject. • The Hawkers and Pedlars Bill was ordered to be read a thi time to-morrow. • DROITS OF ADMIRALTY. DUKE OF BRUNSWICK'S ANNUITY. • Mr. TIERNEY wished to know if the Right Honoural Gentleman would consent to postpone the question on the t) reading of the Bill, granting the annuity to the Duke of Bill , wick, from to-morrow for one fortnight ; as if be would const to do se, he (Mr. Tierney) would defer his motion respecting Profits of Admiralty, for that period. Mr. PERCEVAL dissenting to do so, Mr. TIERNEY gave notice, that he would to-morrow to the sense of the House upon the subject. • THE BUDGET. The House having resolved itself into the sa Committee, The CHANCELLOR of the EXCHEQUE began his statement by observing, that he thought necessary that these accounts which had been mov for, should be referred to the Committee ; and thought that they would be found highly interestii in their general results, and particularly applicable the subject to which it was his duty now to draw t attention of the Committee. He thought that thi would not only afford the best means of forming correct judgment how far the country was able support its present burthens, but that they would I the best answer to those who were accustomed to tal gloomy views of the financial situation of the con try. They would shew, that so far from there belt any reason to apprehend any thing like decay or fi sure in our finances, the more we looked at them, tl more reason would we have to be satisfied with the growing anprovement and prosperity. It would I highly satisfactory to know that such had been tl produce of our revenues in that very year ? when me • of great weight and authority in that House antic pated a failure, that instead of the deficit they appr headed, there had actually been a very considerab increase. Those points he should dwell on at mot • length in another part of his speech, as ntgre immi diately connected with the Ways and Aleans. Should, however, first state the supply for the preset year. For the supply of the year, there had been a rrady voted for the Navy R 19,258,000, and for th Army in Great Britain, including,the expenses pf th Commissariat Department, £13,903,060. For th army in Ireland, 82,992,057. When to those sun . were added £2,750,000 for army extraordinaries fc Great Britain, and R 200,000 for Ireland, and the fuJ Cher sum of £441,000 unprovided for in the last yea; would make the whole vote for the Army in the pre sent year 820,307,000. The Ordnance Estimate were £4,411,000, and the 'miscellaneous services a ready provided for, as well as those which remaine to be provided for, would altogether amount to abot two mi.lions. The Vote of Credit .Bill for the preset year would be, as it was last year, three millions, an the subsidies to foreign Powers £1,580,000. Thes sums, added together, made a total joint expence lc Great Britain and Ireland, of £50,660,000 for th year. To this was to be added, £1,650,000 for it terest of Exchequer Bills, and 418,500 :o Loyalt Loan Holders, making the gross total £52,185,00( From this was to be deducted the proportion of Ire land, which amounted to 0,106.000, leaying th whole sum which was to be provided for the separat lecouat of Greekt Britain 436,879,004.. ' THE BUDGET. The House having resolved itself into the said Committee, The CHANCELLOR of the EXCHEQUER began his statement by observing, that he thought it necessary that these accounts which had bean moved for, should be referred to the Committee ; and he thought that they would be found highly interesting in their general results, and particularly applicable to the subject to which it was his duty now to draw the attention of the Committee. He thought that they would not only afford the best means of forming a correct judgment how far the country was able to support its present burthens, but that they would be the best answer to those who were accustomed to take gloomy views of the financial situation of the coun try. They would shew, that so far from there being any reason to apprehend any thing like decay or fai lure in our finances, the more we looked at them, the snore reason would we have to be satisfied with their growing anproyement and prosperity. It would be highly satisfactory to know that such had been the produce of our revenues in that very year ? when men of great weight and authority in that House antici • pated a failure, that instead of the deficit they appre hended, there had actually been a very considerable increase. Those points he should dwell on at more length in another part of his speech, as more imme diately connected with the Ways and Means. He Should, however, first state the supply for the present year. For the supply of the year, there had been al ready voted for the Navy RI 9,258,000, and for the Army in Great Britain, including,the expellees pf the Commissariat Department, £13,903,060. For the army in Ireland, £2,992,057. When to those sums were added £2,750,000 for army extraordinaries for Great Britain, and imam() for Ireland, and the fur ther sum of £141,000 unprovided for in the last year, would make the whole vote for the Army in the pre sent year 820,307,000. The Ordnance Estimates were £4,411,000, and the 'miscellaneous services al ready provided for, as well as those which remained to be provided for, would altogether amount to about two mi.lions. The Vote of Credit Bill for the present year would be, as it was last year, three millions, and the subsidies to foreign Powers £1,580,000. These sums, added together, made a total joint expe nc e f or great Britain and Ireland, of £50,660,000 for the year. To this was to be added, £1,650,000 for in. I terest of Exchequer Bills, and 418,500 to Loyalty Loan Holders, making the gross total R 52,185,000 .1 From this was to be deducted the proportion of Ire- I land, which amounted to 4'6,106.000, leaeing the whole sum which was to be provided for the separate I iccoant of Gres; Britain £48,879,004. . . The followieris the general view of TIM SUPPLY. Ile Navy - - w it is,ssepoo 1 the Anny,lnduding Army tor Ireland and Zinser dinaries . 1007,000 The Ordnance • . 4,411,000 Miscellaneous Services The Vote of Credit 2,000,000 . 3 , 900 , 000 ....... ...... Irish Vote of Credit Subsidy to Sicily Ditto to Portugal • 400,000 980,000 Total joint charge for the year - £50,566,200 Interest of Exchequer Bills - 1,600,000 Conspensatieon to Loyalty Loan Holders - 16,800 Total - Deduct proportion for Ireland . .C 52,183,000 6,108,000 Total for Great Britain ... X 46,079,006, He should next proceed to the Ways and Means for meeting this supply • WAYS AND MANS. Annual Duty on Malt, Offices, and Pensions - .e 3,000,000 Surplus already voted for the Consolidated Fund of 1809 - Surplus for the present year War Taxes - Lottery - - Exchequer Bills handed Vote of Credit - Loan - 2,961,602 4,400,000 19,500,000 350,000 3,311,600 9,600,000 8,000,000 EE46,223,202 This total exceeded the supply by the sum of 8144,202. Having stated to the House the total amount of those grants, it became his duty to make some obser vations on the different items. As to the two fi:stl items of the ways and means, it did not occur to him that it was necessary to make any particular obser vations at present. But with respect to the war taxes, he felt that it would be incumbent upon him to state to the House those reasons which made him conceive himself to be warranted in taking them at the amount that he had stated. As to the war taxes, they had last year produced 822,707,000. The produce of the tax upon property actually paid into the Trea sury in the last year was 813,751,233, of which sum the assessment had only been 811,400,000. The ex cess of the receipts above the assessment of the• year was 82,351,233. It would not, however, be reasona ble to calculate upon so large a receipt in the present year, as the excess of the receipts above the assess ment consisted of arrears which had been collected with great activity and success. Such had been the activity used in the collection of the arrears, that there was none due now of a later date than the year 1807, and the arrears which now appeared to be due were as follow :—For the year 1807, the arrears were £409,923 ; for the year 1808, £530,368 ; for the year 180% 1,54.0,7501. and for the present year 6,241,4051. This last sum, however, could not properly be called arrears, as the assessment for the year 1310 was to the sth of April, which was only last month, and which sum is now in the regular course of collection. It was therefore hard to state whether there were any ar rears properly belonging to the year 1810. Since the year 1804 there had been granted on account of the property tax, 8115,880,000, of which there had been received 4107,441,478, leaving a total arrear of 88,437,522. There could be no reason to think that the receipts of the property tax in the present year, could fall short of 411,400,003, and when he should add to them the estimated amount of the other war taxes, he thought he might fairly reckon on the whole amount of the war taxes for the year, at 819,500,000. The average produce of ti.c war taxes on customs during the last three years had been 89,060,000, that should be taken as their produce in the present year, added to the 811,400,030, it I would form 'a total of above twenty millions. He would, however, be content to take it for the present , at nineteen millions and a half. With respect to ...lie Lottery, he knew an Honourable Gentleman oppo site him (Mr. Whitbread) was still positive in his in tention of opposing the raising of any sum of m nteyi whatever in that way. Whatever weight his oajec l . tions might ultimately have, he was sure the Honou-, rable Gentleman would be much gratified to find that many of the most serious evils which were for-1 merly attendant upon Lotteries had been, in a great measure, if not wholly, removed, by different sugges tions which he hina,self had made. The new plan ofJ having the whole Lottery drawn in one day cut up by the roots that system of insurance upon the draw. ing of the Lottery which produced such mischievous effects among many of the lower classes of the com munity. When the drawing of the Lottery conti nued many days, it was hardly possible to prevent illegal insurances ; and the great mischief attending them was, that the poor were often induced to risk all that they were worth, and expose themselves to absolute ruin, in the hope of recovering their first losses. The destruction of insurances had almost en tirely removed those evil consequences so much .:om plained of in former Lotteries. He did not think that giving up the Lottery altogether would by any means destroy the spirit of gaming among the lower orders. —He'thought, on the contrary, that it might drive many of them to modes of gambling which would be much more pernicious to them, as partaking of the evils attending insurances ; he meant the Little Goes, and things of that description. He trusted that when it came to be argued, the House would still be of opinion that this source of revenue should not be aban doned. As to the large sum of £8,311,000, in Ex chequer Bills funded, the Vote of Credit of the last yea: had been defrayed from these Exchequer Bills. And as to the Vote of Credit for the present year, he did not think it necessary for him to use any particu lar arguments to recommend •it. He trusted the House would perceive the necessity of the usual vote of Credit in the present state of the country, and the circumstances arid situation of the world in general. He came next to the consideration of the loan, con. sisting of eight millions for the service of reat Bri tain, and four millions for the service of Ireland ; and he had the satisfaction to inform the Committee, that he had contracted for the twelve millions that morn ing, on terms infinitely more favourable to the public than had ever been at any fotmer period known.— (Hear, hear, hear.) The terms he had proposed were) to give for every £lOO subscribed, Zl3O in the 3 per cent. reduced stock, and to take the bidding in the 3 per cent. Consols. ' The contract was finally com pleted upon an offer on the part of the contractors to take XlO 7s. 6d. in the Consols, in addition to the £1,30 reduced Annuities for every XlOO subscribed, making in the whole £l4O 7s. 6d. for e4pli ROO.— The amount of interest *upon the money borrowed was, **afore, but 4444.5 d. per dent.; ss *2 the loan of twelve millions for the service of Great Bri tain and Ireland, was thus borrowed at 15s. 70. per cent. below the rate of legal interest, (New, hear.) The total charge that would - arise to the public, in. chiding the sinking fund, and management upon the loan, would be but d 5 13s. per cent. The Commit tee would be enabled to appreciate the advantage de rived to the public upon this loan, by adverting to the terms upon which the loan of last year had been effected. Gentlemen would recollect, that the Loan for the service of the year 1809 had been pro cured at an interest of £4 12s. 10d. and that such terms were on that occasion looked upon as most fa vourable. It would be seen, therefore, with satisfac tion, that according to the statement he had just sub mitted, the Loan for the service of the present year had been obtained at the rate of Bs. 7d. per cent. less than last year, and it would be for the Committee to decide, whether, so far as the transaction was con nected with the situation of the country, it was to be regarded as a proof for the better or the worse.— (Hear, hear.) It would be in the recollection of the Committee, that at a former period of the . Session he bad submitted a proposition to the House for funding a certain proportion of the Exchequer Bills outstand ing in the .5 per cents. The stock created by that operation, added to what was created by the tran. l saction of the Loan, constituted the whole amount of the addition to the public debt. In consequence of the Loan there were created in the 3 per cents. re duced £10,400,000; in the 3 per cent. consols, , £B3o,ooo —making a total on account of the Loan of I £11,230,000. Now, if to this amount were to be added the stock created on account of the funded Exchequer Bills £8,581,727, it would give a total of addition to the public debt of Great Britain in the present, year of £19,811,727. The charge for in terest upon this addition to the public debt wason the Reduced Consols, £336,000; on the Exchequer Bills funded in the 5 per cents. 8429,086—forming a total annual charge of £765,986. To this charge, how ever, was to be added, an account of 1 per cent. Sinking Fund, £198,117, and charge of manage ment, £6735, which would make the whole of the, annual charge to be provided for, including the dif ferent rates of interest, and charges for the Sinking Fund, and of management 89705833. It now be came his duty to bring under the consideration of the Committee the means to meet so large a supply : but he had first to bring under the observation of the Committee the fact, that the charge upon The whole, inclusive of every expence, was but 85 19s. otd. per cent. The cause of its being even so high was obvi ously to be found in the transaction f9r funding the Exchequer Bills in the 5 per Cents. Thus he had stated in detail all the heads of the Ways and Means of the year, with the exception of the surplus of the Consolidated Fund. It remained for hint, therefore, to put the Committee in possession of the grounds of his entertaining a reasonable pro. spect as to the produce of that fund ; and also to shew why he did not propose to take the surplus ,for the present year at more than £4,400,000. The to. tal charge upon the Consolidated Fund for the year 1810 was £34,421,996, the total produce of that fund being £41,441,770, up to the sth orApril last. 1 The difference, therefore, between the charge and produce of that fund amounted to £7,019,774. When this difference was so large, it might be matt of surprise to the Committee that he did not estimate the surplus for the present year higher than he pro posed to do. But from that difference there was to be deducte dthe deficiency of the preceding year, amount ing to £358,712, and also £2,000,000, which had already been voted in the present Session as the pro. duce of that fund above the estimated surplus of last year. These deductions would reduce the difference to little more than the sum at which he proposed to estimate the surplus of the fund for the present year. He next proceeded to acquaint the Committee with the grounds on which he calculated that its produce would be nearly the same in the current year. The Consolidated Customs in the year ending the sth, April, 1810, had exceeded their produce in the ante cedent year. This branch of the revenue had produ ced in the last year £5,251,449, whereas in the pre ceding year it had produced but £3,719,000. He was aware, however, that it would not be either rea sonable or just to assume, that the receipt of the Con solidated Customs would in the present be the same as in the last year. He should take the average of the two years, which, the sum of both being £8,970,449, would be £1,485,224. The amount of the revenue of Consolidated Excise, he proposed to take at what it had produced last year, £16,880,625. The total amount of Excise revenue durinii the last year, allowing for the duties on tea postponed, and the sugar duties transferred from the Customs to the Excise, amounted to upwards of £24,000,000. The Excise revenue, in 1808, had produced £23,000,000, but in the accounts for the Nisi year, there was a blank left for the duties on sugar in the last quarter, which had not been received, but which, estimated according to the receipts of the preceding quarters, would raise the receipts of the last year to above £24,000,000, or £24,476,009. So that the receipts of that year would be to those of 1808, nearly as 24 to 22, and to those of 1807, as 24 to 2$ ; and if the receipts should continue during the remaining quar ters to exceed the receipts of the last year, in the same proportion as the first quarter's receipts had exceeded the receipts of the corresponding quarter of last year, he had a certainty of a very considerable increase. It would, he had no doubt, be a satisfaction to learn that the malt duty, in which there had been some Falling off, was now beginning to recover ; and that there had been an increase of from forty to fifty thousand pounds in the last quarter. He now came to the Assessed Taxes. rile produce of th ese taxes thelast year was £6,459,000 ; but upon comparing the receipts with the actual assessments, be found that the receipts were considerably more than the assessments, an increase which could only arise from the exertions made to collect the - arrears. The amount of arrears last year, in the assessed taxes, was not less thati £600,000, whereas he had the satisfaction to inform the Committee, that the whole amount of such arrears, at present outstanding, did not exceed £300,000 ; a state of progress in the effectual collectiop of those taxes, width must prove to the House and the country that no neglect at least had taken place in that department. Making allow ance for the arreaff collected within the last year, he should take credit, on account of the Assessed Taxes, for 05,860,000. Th, produce of the :temp ()Wei he propo se d 14 tab, at the amount of their produce h ot year, 85,198,000. There were various other mi me b rant g of revenue arising from pensions, land tar, and i m _ prest monies, which, added to the various loor ces revenue he had before enumerated, would carry the receipts of the Consolidated Fund to 1194,357,000 The SUMS which had heels transferred to tho C.o riso l lidated Fund from the war taxes rnt accounr s h e loans of 1807 and 1809, amounted to £2,210,000 nually ; so that the whole receipts of the Consory a . ted Fund were £37,597,000. The total amount off' charge upon the Consolidated Fund, exclusive s i Ireland, and an allowance of £lOO,OOO to charm 'which might be thrown upon it in the course of 14 year, (a sum of £160, 000 having been so app ropt aced in the course o f last year), did not exceQ £31,960,000, which sum, deducted from the receipt; would leave a surplus of 45,637,000. It was natural for the Committee to ask why, when the surplus ac. cording to his own statement was so great, he should propose to take it only at the amount of £4, ,o' 4 ' The reason of his sal doin so he was prepared to state to the Committee, whie ji would necessarily leid him to an explanation of the means by which he pro. posed to cover the supply required for the charge o( the loan, &c. The accounts on the table would shew the Com mittee, that the receipts under the head of fps had amounted last year to 4"5,198,000 , which wa s an increase above the receipts of the precedin g - year of the sum of £1,296,907. This s. - ip ereas . wag i n some degree, owing as well to th e co ll eet i en of Certain -ar -- rears, as arising subsequent to, and out o f • re gulations which had been adopted on his own sag. gestion in the year 1608, in the Mt for eonsolidatiii; the two sled of the duties on stamps. The charge te be provided in that year amounted to £781,000, Of this 5e624,11te had been provided by other means, anti 5t106,758 Stamps.only T remained ak o it i o d f i to ng b li c e kfra ave y ra ed ge ot years as the criterion of the produce of the stamp duties, the excess of the receipts of last year would give the amount derived from the regulations which he had recommended. This average was C 3,856,030 which, deducted from £5,193,000, the receipt of last year, would leave an excess of £1,236,970 applicable to the public service. He was aware that in making this statement he might be exposing himself to cen sure, for having maele so great a miscalculation of the effects of his measure ; but whatever might be thought of that, he was confident that the Committee would take advantage of this increase, and apply it to the service of the year. If the sum charged in 1808 on the Stamp Consolidated duties of .e 106,758 were deducted from the surplus receipts of last year, it would leave a ba'since of nearly £1,130,000 arising out of the additions and regulations made in the con solidation of the Stamp Duties in 1808. The propo sition then which he had to submit to the House, and he should beg of Gentlemen to tax and continent upon, and criticise it as they might think fit, was, that the charge of €970,839. 12s. ltd. incurred upon the Loan, and the funding of E Bills in the present year, should be taken out of i! r il eZess of the rovistoo t made in the regulation of theism" Duties in 1808. If the House could have matieireed such an excess firm I the measure then resorted to, he had no doubt but that they might have applied it lb the same manna as any other unpins of Ways ant biseas, le the relief of the burthen of that . year. Doc is entemittieg th is proposition to due C ommittee, he intreated tbsok not to consider it as ceitaiping any thief new.. Having granted these duties iniSt)B, the Nem was justified in appropriating them to the charge of the resent year on accounit4 the Loan. But it was not necessary to run the appropriation to the full length of the ex cess of theneeeipts over the £108,738 soquirect for the charge of 1808. He should propose to reserve a stun of £150,000 from that excess, which would leave a sum of £1,086,000, which, after coveting the charge for the current year, would afford a balance of above £115,000, applicable to the Consolidated Fund.— , He was aware that many persons might feel consis i derable objections to this proposition; but the more such objections should be examined, the more they would be found to contain nothing in comparison with the adeantwes that would result from its adopt tion. The first objection that perhaps would be started was, that the House would consider it a new Iprinciple to look to the actual receipt of former taut for defraying the accruing burdwos of the curry% year. It might too be stated, that in the year 11802, when a sum of £1,800,000 c;ily was wanted, Mr. Addington had laid on taxes to a much larger amount ; and yet in the following year, had pro ceeded to provide for its charges by new taxes.-- 3iit such objection he might meet, by asking whe ther his proposition was the same with that sub mined to the House in 1802 ? Besides, Gentlemen would recollect that Mr. Addington's measure hid been brought forward in a year of peace! and at a time too when he was making an alteration lathe whole system of the Sinking Fund. When such an alteration was in progress, it was natural to look ex some new arrangements to provide for the charge g , the yew . , rather than to go back to the produce arising I from the financial operations of a preceding year. If 1 some ccinsiderations of this description had not in fluenced the Ineastires resorted to on the occasion to which be had alluded, or if the idea was then gene ' rally entertained as at present, that an end ought I to be pit to the progress of taxation so long it amid be avoided, he was of opinion that t...-. Minister of that (ley should have resorted to tlii. ma in or old tares, rather than impose new ones.— , Though he could not, therefore, find any precedent ' for the measure he proposed in the instance to which be t had alluded, that could be no reason why, under the different cireumstancessofthe times,themeasure should not now be adopted on the grounds on which he felt it his duty to ecommend it. In considering this part of the question, he wished to bring to the recollection of the Committee the plan which had been brought forward in 1807. The principle upon which that plan was founded was, that it was desirable to sus pend the laying on of any new taxes for three years at least, in order to cherish the resources of the coun try. Consequently no new tax;; had been laid on in that year, and, though the principle had not bee* adhered to in 1808, no new taxes had been in, 444 in the year 1809. Thus the plan had been carried into effect only in two of the three years orginslly Fejit ed, but actually only in one, because the a4diolual taxes and produce of regulations adopted in the Inlet . • . more thus vening year, by producing above a m illion . S St If S. e of of K d. ts, al C. kt ,)! F. ld ps as ar r- g 8 ;Y d ip hi ch 30 1, of be xe it in ;8 rig so-