Star. — London, England, 1803-07-14 00:00:00

row CIRCS AIM Cl'Ant. DILL Bk. asaThol Weed the Wood readol et e gni for t h e b etter protedieg. Wilda* sod repairieg Chapels, Marched, ate for Mbillass. sod for providio. than* Yard. and Oilibele mixt cu. oldies to weever I aos:lout by or Dad. Mr. Hems (aid be fat great telethons to the principle old* LC, Is i tar as It affedked the what. code of lam a own by the Mow ale the Munnutio Ad, cod he was, th• ref .re, hopeful 'bat dor Haifa wield a encour,ge the adoption of fuel; a meafure th tett it amid be Itykel nothloz dr, than a total repeal of the Mortmais Ads, now in ealihrnel e m it trostW wanly defeat all der rakes of dude 'taws, and loarodeee sly the es:ta which the martinsin ads went to rausdy. Ile& were ens, be kid. which hadiset wish the approbation or the I awry for m eta than tour seatudes, soothe haw that be waa act Grtgabe la his opinion: be th tt egreuuskied with moving that the 11111 be read a featad time this lay three ono the. 1. 0 . r. Ammon explained more Mk the nature a the am, awl ob. brae! Wet there wait at frekut Mailtlite Itioplorn, het tyt:te pat inamtly in Imbed, as greet a numb r nF places of public tYorhlp The pro, atlas which be fated Ireland to be in need of was, no than too eintleher or dispels, and that there wet* 402 or Joe pains, to watt of pa:image hours.. He thought, CM the abandon wilt* had bees web is the bee, r let* to shwa inks within the 1.. w days, wale this NI the E w e Da ably It was Intended merely to reliant, M gees. the oisl low as it Rood for wary mars, from the latter sad of the ram of groat Miathe. h, to the yell of George 11. A law wanes wade to pre vent in parka heat bellowing tibia property to,. weiatiol Made 1 'leper.. I, and tii.rehy diatikating his hart armor Fibrin..., ankle hones 'rate) so port with the whole at the Wenn of that property *metre his Mic. leery one brew, that that ad wee a good loss: yet ..a ablating. /elks ageing it is I. he as la tends too such to temp the pawe which every was s tto has met his own prepay, as It was doe of the greaten err at ita The parent Aft Meta War power table .. mach as it, Malised the anent of heatelis by one perks towards charitable por,fee, less acres of laod. and mei at mosey. Mr. 11141.11.4 fold, that be had always found dasgream meta games to mile how peeetelaus of this fort. He therefore voted for the atesomloseet. Oe the Ho k dPrid rg thee.- appeared--For the kered read. by. At--•akin T' • I' 1•11* -ce edlogly reed a (mond time, sad ordered to be simantsleit !Adm. CITY OW LOllO.Oll VOT 111 L. The LAW. MAT Gist of LONDON meted Cue Want the Day for the tatt twang ty at Lowden ()zeta RID. Hie Lor,dtip f•l4. thw ocewitkettandlog the esewptiett which the City of Loa. d.. culotte from tit. petelleyee of their Chatty, the Whabiwats had .sootier. the r witlinfrock in eswelltote farther towards the Array of Ramey. by ratting se additional adlitaey Sorer foe the awe Apersik. peefeewisa of the war. wit areoeutagty read a iteemed time, aad ordered te be osawittsel tit-WiTemw. lIRTIIIIIIIII Of TII[ POOl RATIN,. Sr R barren peek:needs Report of the Catirnittee Maki g Ratio to of the Poor Raft% H se fat 1, that In rradhl over the Bill this day, be led perosived lane iswonattalcies which he wined yogi to have V a ttsect 'Jilted to know, bow much was paid fee the poet etaty, and how moat or ihnrch Stidt,; tar it would net Ippete de .e (run tl.e rotten* ordered by ihis Mr PIT 1 o:+lirred, thdt be thought this , was one of the aloft &lir Ho beikved, that every many world agree in this, that it wo id ba: di iheult to joke of the proprirr, y f any ma im e. without ',wing that degree of infurinetiot, which wet to be obtein d by this Gm. He few no realm' why Chi. lhuuld be de cayed by any arguimot agai n st it. Beeaute lush dal) , might pre vent the f fro! from rtmodying any Jewels is the &nation of the p..nr; and to rt.lktic the country in Come oaeefure of err, heavy borthche _ _ Thy Repot* wits accordingly reedy. the Amendments wer• agreed to, and the DIII with the Amin:Uncut% ordered to be read a di rd time to-morrow' and cogtuffed. •DD.TIOM•L FORCE. The Secretary at WAR moved for leave to bring in a bill, for rendering more effeetual the Aft paired in the prefent Sefton of Parliament, for the defence of the United Kingdom, or frr reetifying certain mea 1-iv-es therein propofed relative to Commitlioners.— Granted. The SECRETARY at WAR rote and faid,he felt him (elf Lnder the nAtffity of poilponing the motion he intended to make to-morrow. relative to the plan he had to propofe to the Houfe for railing a further ad ditional force for the defence of the country. Mr. PITT ohferved, as to what had fallen from the Right Hon. Gentleman, that he, for one, fitould not think of urging on thofemeafttres, which were about to be propofed, did he not feel the abfolute necessity of adopting them with the frail delay poffible. He laid that nothing but the expedition and hope he , entertained, from day to day, of filch a mea fare being propofed by Government, had reltrAin ed him from fubmitting hi; impeded thoughts on that fulied. He faid he was fenr.ble of his inabi lity to fiiggeft any thing of material weight or ad vantage towards the accomplahment of that objed. He was, however, defirousthat Inch a measure lhould originate as it ought to do, in point of duty, from his kindly's Executive Government. He was f e n- Cable of the great variety of omens, of. the multi tude of important matters which w , re apt to ciiitrad the attention of thole at tl e head of public affair-, it. Inch arduous and dangerous, times ; but lie alto knew that there were times in whit the public had region to exped that every individoal in fuck hiAh fituarion Ihould rife to a level with the ezi'encics of the. flak There was now, he might fay, a double. call upon tin exertions of all thnfe placed at the head of public affairs. He could not have a better witnefs than the Right Hon. Gentleman himfelf ; and he therefore thought that he flood excufed to Houle. Country, in not laying his fentiments berme the Houle. He Rill en tertained a hope of being able to do Co; fit. he well knew the energy and ahivity Which had been on many mations evinced by the Right Hon. Gentle. man, and thole with whom he hood connected iii the management of public affairs. He wilted that the Right Hon. Gentleman would not think that he find mire on this matter than the occafion called for.- I.re mull be no delay, no interval, no paufe, in the adivi - y and eaertioh which mull be ufed by Govern ment on (itch an occafion as this, when ambition and refentment are combined againil this country, as mos tires to inßigate our exertions. In hut. opinion, both power and adivity were abfolutely necefary, in order to accnmplifh the f bjeds we had in view, and he doubted if we could be reckoned sufficiently fafe, if thefe meafures were not inilantly put in execution. The Cnaucti.t.nt of the EXClitk.ilL Laid, that 'here could not poffibly exia in any quarter, a more deep-rooted convidion of the neeeffity of expedition and promptitude in the prefent critical fituatinn of public affairs, than that which was entertained by every itteli(iJitio of his Majelty's Government. He c• uhf, with confidence, afute the Houk, that the delay, even of a tingle day, was fincerely regretted by every onrof them, and by none more fo than by his Right Honourable Friend, who was entrulled with the charge of bringing forward the motion.— Every exertion was at prefent made its every De partment, for the purpofe of bringing not only the minds of the inhabitants, but even the means of the country into exertion; and he too had no'hefitation in raying, that every exertion, however great, was ahfidutely necefary, in order to create a coal - clients fecurity in the mind of every individual in the coun try. He however begged that Gentlemen would nest titmice, that the tneafures which were in enntem. LL tit n, rare not (Itch as required mature and deli °crate inveßigation. He could Afore the Houle, that the marine about to be adopted, were not fuck AS ought to be imprudently planned, or inconfide• rarely propokteto the Hnnfe. The plan which was intended by his Right Hon. Friend to be fulanitted to their toutideration, was, he mull own, one which appeared gigantic in its extent; but it was not one which, in his opinion, could in any refpeod be Rdl greater, or which would bear more feverely on the pubile, than the exigencies of the country loudly call foe. It was his belief, that the delay which was thought neeettery on the prefent occaßon, would not be prndo&ive of dangerous confequences. In his opinion, if it be in the power of his Right Honoura ble Ft iend as produce the meafure in queflion, on Monday r.tx', fomewhat more complete in its detail, and more pet keg in its principle, it would be attend ed with more b.neficial confequences, and he was fenfible, that the Houk weenid then be more able to give it ev,iy aceetEary attention. He was lorry to detain the Hoare fo king , a •his matter, for he knew that no aped. g.' meld wel be offered for delaying fueh a meaftwe, when it es .4 foloue.lf c. lkd for, with a view to the safety oldie cc owe y. He was certain that from the eiperienee which the Houle had had on former oceafinos of the adivity of his Idelly's Government, that they would join with him. that no imputation, in the prefent inlLence, could with pro potty attach to throe at the head of affairs. lie ,country knew that gnat exertions were already made, and were now putting into execution for the defence of the realm, and he had no doubt but the country at large were thoroughly convinced, that no opportunity would be 101 l in bringing forward a meafure, which the emergencies of the State teemed to render oeceffary. in addition to the plans already adopted. He had no doubt, but that the prudent cautions of Government would greatly add to gl ee fecurity of the country. He could pofitively afhire the Houle. that fo far from any delay being occa. fioned onneceffarily in regard to the adoption of the prefent mature. it was one which principally occupied the attention of Government for the hail ten days. It was one. however. which required filch great attention, that it was found impnffible to being it forward founer. There were other avoca tion* of great importane:, which alit contributed to the delay, and fusia too as could not admit of beinlefiponed. Upon the uplink, ilierelbre, 'he hoped JIM the Houfe would be convinced that the detAy propofed would not at all tend to retard the accomplithment of the meafure but on the contrary, %%mold contribute t o Its being brought forwatd iu a lt3te of great perfection and maturity. _1 rARLMMEIVIAK r PIiuCiiEDIAGS, HOUSE OF LUIVIS, WEDNESDAY, JULY 13. The Royal ALI, In 1114% given by Comniiffion to The Exchequer 1.3.11 NIL the Irith L‘pnrt and Import Duty Bill, the Militia St:bakenn spectra hill, and to fercral private Bills. The Coot manner, were, the lord Chancellor, the Earl of Raf lyn, and Lord Willingham. WOOLLEN WANVIACTONIIII.IIILL Mr. Rom!Ily and Mr. R. Jwitfoo were heard age !aft this BM. and Mr. Hader, partly, in favour of it, who being ordered to withdraw, The La D CHAN OtLLOIL left the Woolfack, and faid.that thousli ths wt the w. IA-311 very inaccur. tidy framed. and he had great doubts in hi. own mind refpecting the real policy of repealing many of the Ads. either in the whole or in part, yet be thought the queftinn was rn very important that the Bill mould have a fe void readies, and then go into a Committee. where it would re- I quire their I.ordfitipe molt attentive conlitleratioo, and molt ma. Lure delibemtion. after hearing evidence, to try whether it might ' not be fo modified and fafhioned as to render it proper to go before eh public as a Legifiative Aft He then went into a very acute enticifin on the feeeral leading defecßs in the *title and Preamble, as well as fame of the Clinics, for the purpofe of dirt:ding their I.ordr.ips' attention to thele defeefts, which be honed might be removed, hat which could not be fo without the utmoit care. At all events, the going into a Committee on the Bill would convince all the parties interelted, that their Lotdthips bad atm, every thing in their pow, r both Air the public karma. and for that of indivi duals. If their Lordatips were of the fame opinion with him, be moved move that the Bill be read a fecund time, and then be com mitted rut a future day. The Earl of Rout.rts raid, that fo long as be bad been in Par- Uamei t, had never feu , a Bill fent front the Commons in fo us parliamentary a nape. He pointed mot fevers' Itriking defects, both in the title, preanthle, aid claufee. particularly that. though the Counties of York and Lai:caller were ant mentioned in the title, there were fume of the chivies in which they were ineotion ed, and yet the drawer of the Bill lad not in thole cl Mu men tioued Chefter, which Was always taken Into all At% which legif ht.d for their two Counties in relation is the Woollen Trade— lie thought the meafute was of loch high Importance, that it was :natter of the derpeft regret with him it bad not come to :bat Honfc in as earlier period of the futon. He bad no doubt how ever but late as it wan, their Lardihips would give it the fullut confideratlon ; and u ht thought evidence °mold be hot d betas the Cvnuaittce, la Duke that the auterlsl fads might be afrer t he toned their I.ordfitlps would the dully agree to an earl y attendance. The Duke of CisAll INC, agreed In opinion with the two Noble and Le:wiled Lords, both as to the importance of t"e BBL and to the my of affording to It the moft ample confederation in a Committee. . CNA ' , mattes left the WootLk. In crnfrquasse what had ta11,., ft an Earl Raskin on the rbbjcil Of tisidearl% anaidanee. and laid, that eve h the lateerft of the Son might afford legere to tome of the Protegees/ Members et that Houk. it oappeeed that the butinefs of that Caen in which be prelkled pr Tel meg (evenly, In duty, therefore, to himfelf, ant in kg. tie to the leper of &sato:tn. It would be i peg It for him to give an early attendance; and be therefore would re atom "d a Committee ahrne Stain The gin was then read a record time. T.. Lose CSANCI4.Oa Atte:march mond, th.t it consent. EN to Cot , tors Stairs, which was agreed to, and axed far Friday oat...ll.diaunied 1111 ',I-morrow. Aim= OF COMMONS. Mr. Pumas pretested a Petition from the Wham emdatd I. the Omelet Hettrord, raying relit. which paid= was coda ed Mli a the I able. Ile Deputy Iliser of the Rack Rod attended at the Dar. and dellred the attendance of the Speaker and Member' at the Dm of the Had of Lard., to hear thr Royals/km given by cantendbon M Certain DIU , . The Speaker twesedingly attended, and AM... aegis Wormed the Houle. that the itoyal acne bud been siren by erasendion to the Fist Minima Mehemet. Bills lid the WA Fs. pat and Import Mt, /Akron V London lespreventrnt aig, and the Ilegllth Militia Pay and tMatteug sta A sew writ was ordmd to he Wed fee theDiedriee of • Mtflß. Dm far Great Orlmfor be the ream et A. Doscheftt. t.fq. who has *roped of the Mrs, rdlldp of alat liendretis et Bat! Huodred in the C. um, of Bucla ahem. The Iris M4aisd Dthillery Dill was reed a third time and Pare A d needle from the Fseife Ogee pretested an account of the of howw-ende !pints permitted from the Diftillere, from LIN TA Jane S. 13th jsly, lattp—Ord: red to Me on the tilde. On the Motion of Mr. aswesits Shower, the commitment of the IMI taelneweving the Highlands et Scotism. was ',unposed to *May swat. The Thames Pollee Dill was read a fotood date, and ordered to Is cannikttel tomorrow. Tkk jai reading of ye Got racy Corn ND was peepomil all to- A - knullasa from chef We acquainted the Haute tint their Lord. air hod Agree to the Ea* Ir.dia Dock BilL Sir FIBASICIUI 84l l/10,...t. that there be hid before the Hoak a List of all Penile.' granted. and now payable to natives sod lereliners. from the eft January, ISDN to the prefent Ham— Mr. •aaat pr forted a Bill for rendering joßkes of the late I. iret ad abare We Lt tbe execution of their dsty —Read a Brft ties. sod ordered 10 ►e read a (mood time to-saertow. :ETA of Jose On the M. the MI taring *May Nom The Theme canotitted TM gel rem lIIINTOW. A MOW fl Aim nem Sir Flamm." Houk a List a and toteignen. Ordeal Mr. 'Oa', lre ad awe. till; sad aide Ms beams providing. boil mod aid* Milkier Mr. Moan Lll,MAtaral MOW of tire OA tb Hook wool Fir th lie. Marianas Aeltl Ilse °Weds of t mortinein Deb I Won with ti • twaterieoe therefore time tilt day tb Swavon ...-, that the tarn 24ar kaki The was, no 1 , 1% ths 4 IN' JOB par *ft the *lurid slur& gabs apiary It wm k dead Ow mat likobe. h. to di mot my warn Mabee 1 orpo,s, ankh; Itootor ra Maim, ...wins good sow yct snuck to Wiwi hb owe pewit dieltry. The pi toollood the en, gar,fes. tn 3 II ilblllllll.l *KOMI to ode voted he the A Oa tit. Ho G i ms , s T , • r loa* sualsidal as I The Lila* lkd the the twin. fad. that oat* don. cadmic! In had rinrefire tl Amoy of Iltekr9 saw *Atilt I din ..a. 411111111Ated Ural 11r . It mehi g Reno ea hit. H bad polooloed re "Mtge "Al PROPIIkTY BILL. The CMANCeLLOR of the EXCH IsgyElL moved the Order of the Day for the Houle taking in , n fur,her conlideration the Report of the Bill for tailing a Con tribution on Property. Mr. W. SMITH oppofed the motion. He cornlain• ed much of the inequality of the tax, and c.f • t he in. quilitorial power it went to eftablifh. of extorting a difclofure of the private affairs of individuals. That power would not be exalted once, but• the people would be fubjat to it every year. He had no ob• jettion whatever to the fupplies being railed within the year, but he had very ferious difficulties to fur. mount before he could agree to the bill, as one of the modes conducing to that end. Ile conceived that, in place of creating alacrity in the minds of men, which certainly ought not to be depteffed at Inch a period as the prefent, it would deprets and fink the true and genuine tint of the people. Not many years ago fuch a meafure would have been refin ed :—he did not mean to fay refLted by force of arm., but it would not have been endured by the people to have their private affairs fubjetled to the fcrutiny of a tai gatherer. Had it been attempted tome years fince, the people would have exptetred their abhorrence and detcita:ion of it in fuch terms as would have deterred any Miniller from again at tariptina at. He Paid that if a holy office of taxation was about to be ellablifhecl, lie withed to be excufed from being a familiar. AN•ough the tax would ha rats and torment the trading intereft, yet the borthen would by no means fall In heavy on that clefs as on others, becaufe they generally made the costumer pay the tax, by enhancing the value of the articles in which they dealt. Miniflers, he argued. had been unfuecefsful in obviating:natty difficulties under which the Bill Laboured, at the fame they were about to promulgate a law, which Taff numbers who were liable to it did not underhand; at leak that was the cafe with the left income. Having adverted to the opinions of Dr. Adam Smith and other writers, on the general policy of taxation, and particularly on taxes fuch as the prelim, he concluded by declaring his intention of taking the fcnfe of the Houle on the quctlion for the Speaker leaving the chair. Mr. PITT Paid, that he did not rife to follow the Hon. Gentleman through all his arguments. The oblations which he had hated, did not appear to him to (trite againh any thing particular or new in this Bill, which diffeicd fro:n the former income Tax.— He • thought, that the Hon. Gentleman could not poffiblv he (uccelsfnl in fupporting thofe oblations. On a toimer oecaGon, fuch objenians to the neceffity of the meafure were then controverted. He did not intend to red his fupport of this meafure upon the , groun.ls by which the former Bill was flipplried. The Hon. Gentleman even now expreffed his dnnbts very modeftly, whether he Ihould deliver his Senti ments as to the lattice of any former meatures adop ted try a former Parliament. In his opinion, however, theft doubts might be folved by confidering, that we owe much to the enemy with whom we had to con tend. The Hon. Gentleman had chofen to form his ohjetffions in theory, and to tell the Houle that there were feveral writers who have predicled, that a Tax upon Income would be attended with dangerous con. fequences. There were, no doubt, numerous writers, and none more refpalable than his name fake, whore opinionsmightnot,pethaps,befopopular aschat he had cited ; in his opinion, however, we need not have te• courfe to any of the departed (ages alluded to. Such a meafure was adopted when very great doubt and a ppre henfion exifted in the minds of the moll fOyal, when thole dangers and gloom were very much exagget at. ed by fome perfons. who at the fame time very much obfirueed the remedy. We law the credit and good fortune of the country revive. As far as related to the chara&er, drench, fame, and glory of Great Britain. he was not afraid of alking, if ever the e was a period in which we were to look more to the fortitude of the people, than in the three years in whit!. the Hon. Gentleman had Rated the estineion of public fpifit ? The Hon. Gentleman had mentioned the dreadful feverities of the inquifition, and ended with (eying, that though a burthen upon a certain clefs of individuals. they very chearfully fubmitted to it, notwithilanding the fevere machinery and en gines of torture which had been -Rated to be prepay ed. The era/ of all this was, according to his (ulr. Smith's) account, to fqueeze nut of them nothing. With all the authoi ities which the Honourable Gen tleman had given, he was at a lots to know, whe thee any of them would apply to fuels a point as this? It had been (aid, Coat this, tax would fall upon the confumer, and it had been alledged as a fa& confirmed by feveral authors. For his part he did not know whether the Honourable Gentleman or hintfelf had read the moll books, but he could fay that he had never met with fuch arguments. Any partial tax upon trade would undoubtedly lead to bad confequenees, if it brought to the trader more than the ordinary rate of profit, in comparifon with the other ways of la)ing out his money. One man likes a great deal if profit, with a great deal of induftry ; another with a went deal of rick ; while others are contented with snitch (mallet profit, attended with a great deal of icitenefs, and no rifle whatever. It mull appear, therefore, that men con• fader the ways they are to follow, in order to pro cure their livelihood, and it is at heir option to do fo; whether it be in the public funds, in landed property (which is certainly leaß precarious), or whether to rifle their property in trade, with (mall nr great profits. Such motives as theft would, no doubt, tend to decide a perfon on this lubjea, and no fort of competition would prevent there profits, without the interference of the Legillature. He, therefrre, doubted, whether the How Gentleman would find his Ratement to be corrat with regard to fuel, a tax being thrown upon the confumer. The tax was ge. octal, and gave a proportion of profit according to the trade the individual carried on, whether great or firma It was very fingular that fuch illuttratinns ffiould come from a Gentleman who formerly con. tended egoista the Shop Tax, who came with petition after petition, to thew that it was impuftible for the thrpkeeper to indemnify bimfelt by laying the tax on the confumer. It was as impoffiltle in the one cafe as in the other, fo that the condo& of the Hon. Gentle mast hintfclf is a fufficient &siva; to his oblation. • For his part. he was as =eh as ever a friend.to the principle of a us apt* income; but i . hail always ap peared to him to be a fundamental ingredient of that pinciple, that the tat upon income ihould be gener a l and equal. He thought that this prineple had been departed from in the prefent Dili, but he hoped we Ihoteld be able to reify the deice, and that the lioure would inflrut the Committee to let fuch inst. valities right. He did not object to a mitigation in layout of the lower claires.of income, ptovided it was not allowed to one in preference t., rallether this, however was not the cafe, in hi.- opinion, in. dat preient fehedule. The Right Hon. Gentleman split*. ved of a line of dillinftion being drawn between thee Hirt of property arifing from indollry, and that which did not. He, however, thought that it was the reverie. It was a fallacy to fuppofe that there ought to be a dißineinu between the income derived from induftry and that from capital without indtifiry.• thippore a man took his capital from the funds, and employed it in trade, he would thea have an increafed Moen& arifing from his induftry. With the poirdfion of fuch advantages, would it be a list , tifhip upon him to pay a tax proportioned to the amo .nt his income ? The Alf lays, that an exemption is to be made in favour of induftry, which exemption was not to be granted • to incomes not derived fr'.m induary. This was nothing more than a prert:um, or bounty, held out to people to enter into trade. No fuch temptation was necetrary ; and at this moment in particular it was not fit to make filch a dißiation. In a moment' of exigency like the proem, it was impoffible to fe. Inmate the interells of one fpecies of income from thofe of another: it was unfit to make a difference which went to give a premium, for no other purpofe thaii that of ditturbing the clablithed order of things, un der which the trade of this country had loog arrinsed r—nnder which its Commerce had en. cleated beyond all example :—and under which the collative Rrength of the Empire had rifen to a pitch of calculation, which far outdripped all the pedan try of law, and all the formality of pofitive um*. He would de, how the dittinftion was to 1* afted upon by the precast bill? In orderto give fome new encouragement to induftry, while y per cent. was laid upon one clefs of income, only t per cent wait* be laid on another clefs of income of t ;le fame amount. And in order to fatiafy this principle, it became ae cefiary for this Bill to make viaints of all who pol. felted incomes under tool. a year not detived from induftry. Was he to be told that the pooreft puffin* moll be feleeed for this moil unfavourable and inju rious dißineion ? that thole perfons having Arian pro. perties miring from land or Rock, were to be taxed in the fame proportion with thole who had large in comes ? This was fo pregnant with LbjeCtioss In unit* of principle, that he was funs it could not be meant to be perfifted in. It was contrary to every pin. ciple ofjutlice ; it was contrary to policy. Gentle men mutt be aware that there were vafi Lumbers of perfons who peened /mall incomes under ssd. and tool. a year, derived from the intereit of money it the funds; that there were many of think, whore age and fez left them no option, with regard to the man ner in which they were to difpofe of their capital—; many of them, who had only a life intereft in there annuities. Were thefe perfons to be feledted as that objects of this molt unfavontaL!e dull at on ? and were their reality incomes to become liable to fo fevers a tax ? Neither policy nor cbmpalfion had been elev. died in the feleCtinn of there defies. But there was one part of the Bill Rill more objectionable than any, he had noticed; and that was, the violation of the public compat entered into between the Government and the holders of flock. To trench upon the prbilit funds, fo as to deduct a certain portion of the ht.'. tereft payable to the firndholders, was firikii.g a 6r* blow at the credit of the country. In every Ad by which a loan was railed, it was always tyre/sly its. • palate& that the intereft upon it mould be paid witha out any deduftion whatever. If money, therefostswlta deduced at the time of paying the dividends at thi Bank, it was a violation of that fiipulation. Govern. ment bad no right to avail itfelf of the circumfianes of having borrowed money, any more than if the perfons lending that money had employed it ia other porpofes ; and if thole who bad lent their money to Government, knew that. loch a de 'oftion was to be made, might they not have converted it to other area But by this ex pej jade proceeding, by which the intereft was to be taxed, atter the faith of Parliament had been pledged for the payment of the whole of it, that implied coutrat which formed the foundation of public credit was direEtly broken. It made no dif ference with regard to the principle of this breadsef faith, whether the fun dedneed from the dividends was great or (mall. Let the furs be ever fo (mall, if once the thinwas done, the found at i on of pulite credit was b roken in upon. He was fare that this meafure was not intended, and that it could never be &fled upon. At this time, when fo much was closet* avoid the accumulation of any additional debt, at this very moment, alien we were paying fix millions a year towards the eetinefion of the capital debt of the country, at filch a moasent, to make the latereft of that debt a feparate (*jai of taxation, was iocontinent with jullice, policy, and with th e go ad faith of Par. liament. What, lie would alle, was the *ea of the Bill then before the Hoare ?It wag to as large a fun as prftible a i:hin the year, in order that pub. lie credit might not be hurt by additional loans. But at the very nil menu the Houle was about to pais a measure for the Ityport of public credit, it was, by attemptirg to gain paltry advantages. Gipping the foundations ot that great edifice of public credit, which had beat railed up by fo much labour. The Hnufe amid not, therefore, adopt this part of the Bill. It appeared, however, with refpat to the other parts of the Bill, that Come abatemeuts e which wen intended to be made on income derived /mar Mtg.' try, fhouhl be made in every other kind of 'income: whether ariiing from land, or from property in' the funds: and on that account, he thould move, before the queltii)n was di/pored ct, that it be an intimates to the Committee on the Bill, to receive a clack to that effect. Mr. W. SOUTH fpoke in explanaron. NN'hatever change, he laid, had taken place in lvs fentimcnts, he had not chAtigt..l his opinion with tefpeet to the wil• don) of the lad Adminieration. The A Trout set CFNEII•L Paid, it Was With OM greated deference he role to anftver any older ration coming from filch high authority, **that of his d•ght Hon. Friend. The °foie& of the prefent Bill was r. her to lay a rat on the inc-trne arifing from capital than' from manual labour. The Bill went on the MI I I a ti tl w ii 1 1 at tli fa lit bti fu th to 1:: uf th PT ab 1.14 eJ to tcr To nit (.1 a ( ete he inv thi tun Ina