Star. — London, England, 1823-03-01 00:00:00

laugh).—This was • Mouthing like the advice given to a Lady, that the best way toffsseaping tompta. Lion was to give way at once...gime? laughilig).-1 It was hecau , e his tlonourable Friend believed they bad not virtue enough to resist, that he wished them to give way at once, and not try whether they had it' or not. Bin feeling, as he did, that the finances of the • country were now, for the first time for a number of • years, in the hands of a Gentleinan likely to have the confidence of the House—(//ear)—and able to ex plain with soundness and eloquence its financial trans acti-ms, he did hope that they should find both virtue and firmness enough to support the Sinking Fund for its legitimate ohjects—( Hear, hear).—Let them look at the consequence of seducing seven niillions of taxes. If any deficit should take place in the Revenue for the next year, and they should be compelled to have recourse ao Loans, he should say also that the inking Fund was an advantage, for the reason which Toperated upon his Hon. Friend's mind for taking it • 'away. Circurr*tances might arise of sudden and yet :transitory em gency, which they could apply the 'Sicking Fun to with immense advantage. If the . surplus of P venue were kept up at five millions, that .en.ibled th to meet such temporarSr emergency without a dying to . the People for fresh contribu -.. ,- tions. T be imposing taxes one year, and taking . them off e next, was extremely injurious to all the 'interests cf the country ; and by applying the Sink ing Fund, when necessary, to this legitimate object, the injury was avoided. There was an example of this at the present moment in the case of France.— After the restoration they established a Sinking Fund upon the same principles as ours, to the amount of eighty millions of francs, about four millions sterling. It now happened that France felt herself called upon to make a military demonstration (he feared it would be more) against 'Spain. He was not at all speaking of the justice or of the merits of such proceedings— this was merely a question of Finance. The French Government had an excess of income amounting to forty millions of francs, and the remainder of the supplies she required was to be made up from the surplus. Thus her credit had been preserved under such trying circumstances, and by her having that surplus only. It. would be seen that all the other Governments of Europe were in the same state. If they looked to America—with whom this country must have its first serious war, she had a Sinking Fund, which had been applied to the redemption of her debt, and was ready to be applied to the support of war as its legitimate object. The Emperor of Russia, for the first time, had condescended to publish the finan cial state of his empire, and he had thirty millions of rubles for a Sinking Fund upon the same system. All the Powers of the world were prepared for any contin A encies which might arise ; and if this country were left without preparation, there would be no in dignity, no dependence she would not be reduccd to. It was the duty of the House to view the finances of the country as statesmen, and to'place them in that condition which a proper maintenance of the character and interests of the country required...— With regard to the view taken by the Honourable Member for Portarlington, he wished to know how, under his system, we' were to meet any sudden de mand made upon our exertions by foreign aggres sion ? It would not only take this power from us, but it would put the country into the state of unfor tunate Spain ; not to be able to raise upon its credit the necessary means of defence against foreign ene mies. Let them look at the internal advantages which arose from a maintenance of public credit. At pre sent the credit of the Government was much hater than that of any individual. All who had money to dispose of were anxious to deal with it, and to get Government security. The consequence was, that it got everything upon the best terms. The question was one not to be treated lightly, but as one •of the most momentous topics which could require the•at , tention and the decision of Parliament. It involved. one of these two results—whether we should be placed in a situation like other countries, to meet and repel aggression from without, and to maintain.public ere : . dit and public faith at home—or whether we- should be left unprepared and defenceless against any dan gers which may arise, be they ever so exigent, He should trouble the House with one more observa tion upon the plans of his Honourable Friend (the Member for Portarlington), in conjunction with some statements of the Honourable Member tor Abeadeen ”-a.name he never mentioned -without -feeling how much. the country was indebted• to his• services— (lear, hear).—His Honourable Friend was .conti nually reverting to a plan of;an eqUitible adjustment . and contribution upon all debts and upon-all property. Now this he was convinced was totallyimpracticable. With respect to the statement of the Mt: Member .Or Aberdeen, it would be Toting' a most interesting QV to those Gentlemen who took the • trouble- .of . iavestigating such subjects. It sheaved—and. no doubt the calculation was arithmetically: correct , — that if the House had come to the resolution of levying six milliOns of taxes annually, airing .the war, beyond the amount which the People did• pay, there would hgve been no increase of the debt:— This might be quitetruein figures; but looking, to' the state in which this country - had been, and the tre mendous exertions which she had been compelled to' make, who would say that a direct increase of taxes,' from sixteen millions to'iwenty-two, could haVeheen pmposed and adopted without creatinganarcby.Mtd evolution ? Suclt a calculation might, therefore,..bel Iritknetically correct, -but the measure itself would have been impracticable—(Hear, hear).—There was no-doubt that there was a great abuse of the funding system during the war, but it was in the Addington Administration, which he by no means generally ad--; , mired, that those masses of taxes were laid on, which enabled the country to prosecute the war wish vigour , and success. But as to the additional taxation , pro! posed by the one Hon. Member. and she adjusement of property suggested by the other, be must assert', that however specious in theory, or valid I 4Listract Sslculation. they were totally inaßplicgble to any practical object—(Hear, hear). • • . .. Mr. TIERNEY commenced by observing that the : tluestion" was of so impOrtant a nature, 'that he "was' ture the House would pardon .him if htee paste.* few observations upon it;, he could assure.hliHon..F . iiend, (Mr. Baring) that he did not .view th eiehjecFlsell .. 1 . but attached as much weight and,copsi;derfki!,t..s 4 ! t. as the Hon. Member himsejf could posii4lYo* . , (Hear, hear).—He was -convinced clear be was as deeply impressed with a sense,of the interest and ex tent of the question as any man who meddled with , ... r. - . . - . • ~ financial subjects. But what wet the eellAlltslie*? ' He knee/it was nothing elsethin . Whether MOD . WO. ft• . 1 were to be taken from the tiles of the comitrornet . I —(Hear, hear).--life believed such an .indutevient had been offered to the Rouse as, et leak would3n ! dine it to listen whether a Sinking tend of 4,00.0004. was to be supported, or a reductinn'ilif limes to that • amount. He (Mr. Tierney) could say; sailboat fear lofcontradittion ft om the oldest Memberi orthe House, that no one had been a more consistent friend to the plan of Mr. Pitt's Sinking Fund than himself ; . but he ' had often warned the House of the lavish expense of that Minister, under which no plan of 'a Sinking/ond could be carried into beneficial effect -(firat, hittr). ' —Though he supported the original principle of the Sinking Fund, be did not think that the present situ ation of the country was such as to bear a Sinking • Fund of 5,000,0001. That situation was such, that it requited at least a remiisinn of testes 'to that amount, to ease the mind of :the people-:—(Herti).4w : He had outlived the real Sinking Fund—(ffedr)ifor, of that established by Mr. Pitt, not a•trace was now !• remaining !--( Cheers from the Oppaeition benches . ). It was truly mid by his,Hon,Friend behind him, who had treated the subject With great 'perspicuity, 'that repeated invasions had been made on - the original • Sinking Fund. He (Mr.TierneY) had witnessed those • invasions, and had opposed every one of them.. But' now the mask was thrown aside, for while-the lasi• declined that there was a Sinking Fund of .10 Wk . ' .lions, the House was now called upon to declare that there should be a Sinking Fund of but five millions —(Hear ! and a laugh).—But it was said oft the op - polite side, that the public credit depended on a Sinking Fund of five millions. But if we adhered to the principle of public faith, we should have a Sink ing Fund of 17 millions—(Hear, hear).—This was established bylavic, but in the year 1819 the Ministers changed their plan ; they wished a Resolution of the House, stating that there should be a Sinking Fund of five millions, which should be binding upon the country, and whoever denied it was an -enemy to pub. lic credit. He (Mr. Tierney) understood public credit to be nothing' else than a faithful anerenceto public engagements. But the Ministers asset ted that public . , credit was to maintain more than we wanted by five millions—(Hear, hear).—Now, he wanted to knosel whether it was convenient to the country to hive five' millions of Sinking Fund under the present State of : things ; for they were not now to consider the state, - of the law, but the state of the c o untry? (Hear, hear): ; He could assure his . Hon. Ftiend-(Mr. Baring) thav> the country would receive . more substantial, istuefit from the proposed remission of *as in, teeth - soars than from the support of the Sinking 'Fund. 'itroly, the Right Hon. Gentlentan (the -Chaittellei.ialille• Exchequer) seemed .to be. convinced of -I)ds teeth: though be had, not sufficient resoNtion to carry ink into complete effect. He had seven - inilliomi t 6 be'. applied to the riductiOn'Of die'debt, and *why did he ' give up two millioniii it to alto:l63lkb of *taxation? He (Mr. Tierney) believed be bad done so wisely. The seven, millions .belonged tp the ftmdbolders as well as the Ave ;nations,. and w:by. ,had 'the giOt Hon. Gentleman given up the two milliottitslikeies convinced he had done so most wisely; its *tit hal he not gone further? It was,. howevei,cleir that bi had gone far enough to skew, that'he (the Clareelloa of the Exchequer) . and his. opponents' only differed in the degree, while they -agreed in the principle— ' (Loud cheers).—the *felt Horieuratile 'Oentleniars was willing to gieenpThie seven millions of Sin* ing Fund, and to sutsstittite one 'of' five millions; and at the same - time he Was .determined to . hold up every one who was for reducing that five - mil. linos as an enemy to public credit—(Hear, hear) No one appeared to strike more closely at the prsiv. cipte of the Sinking Fund than his Hon: Friendl•bnt. he wanted a surplus of five millions—a surplus which wis• to . be a security to the public creclitorat the same time that he allowed it was to be applicable to certain exigencies which might arise, as in the case-of war. lt was certainly an excellent thing to have a 'surplus revenue of Ave Millions ; and heAvonlit even admit that it was much better to have a stirphts 'of ten millions—(Hear, and laughter).—But the question was s whether the condition of the country was such as to allow a Sinking Fund to be applied to that es tenttHe thought not. He contended that The House' might not to bind itself 'down to any specifiC retain.: don, which could not be got rid of without ail lava sionofipnblic credit. The time to get rid of the'prb. sent*ukins Fund was during a term of peace, as there Mad sic 4i a more favourable moment for en.: terraitillig a project for thereinisSion of taxes—.(Hear): For what could . be more odschieirons than theprin !ciple -of a Sinking Fund which 'was to be appliedto the reduction of the debt, and of course was so far a security of the public creditor, and which was also to be apprqpriated in . ceitain eigencies, such as those of war, to defray the expenses of theaatide--(Hear). If the fund were the nieans'Of . iupperting-poblic • credit, why were they tototold that in case of a war, Or in unforeseen exigency, chit 'fund was to be diverted from its original` destiriationthat is, that when public credit mast wanted' support, it was ' then to be invaded ?..,-iCheiri).* : 'COncerning pub lic credit, he believed it to cOnsiatiniliutittestl and h,om:nirable adherence to national engkrinett .w. ,such an adherence was our best resource the'prosecution of a war, and he was convinced that itOttr public engagements were faithfully disehargertihaf .2 war • ,prorify undertaken o nui in Con;ohaticiirldt -the feel% leis of the peoPle,.would'be ernply-pioVlded for'lq, 'the tames voted in that Heise, indirofild be rribu, cheerfully Supported by_ the corisiirt-6 Mir, heir). The' Hun. Member had Ipiikeit Of . . the 4i = itetaious .9r hiefrisioese4,-put told us chit thitterini a ehipinew4, past, 'While he' ;kis biabielf .ed.iioni W.- = I. fe . es balls on'ille tatilk , ggiel"favisiter): ' add: the ' HOuse vole fer:tneetidtiLlibreAtletalkiseeP the : real disposable serpleuk-? -It D1 , 644..4 21 0 ,Ativaii. 4 , great part of Isis Objection if the ~ u*,, !whatever it : .risightVe,"vras iroteilpietely*as a tiWitnbt ; a to the rerisissiog:of.kaaee from doseto:tiijobVerwit: aut if siaw passed, Wag the 44 ai Ai ert!idialSifi !..eully for- she -xedectiorr of!-tbe DebrOltsse-dislor , br 1 likaPecatiOtrithettrileitutrat Most preiedleitl.t: i. - • AO' tjfe' ,remission ofiliii; chola fay .Plid.eg . itoptilit i the- amount tekuii•tivity . tepittd..lse Alsesesottnt-liriSt 1 He was of at different opinion... , ifilieueigiesion weitld help to restore the Revenue, and be believeduthetWit• fao tlxrep,fition tif Ore Chiuttellor it th*Evihnire* ! i r:Wlifn 14 p ropos e d,' that ofVie 'lleireti7inillteds'il were to diamtain the PuLlic eiedit, tieligilpre should be appliedto the ramie:imp of tales: ' nteiv - • Ai.. 111_ 4 , path) life annuities, and rnortgegacengiged for unirervir cumstances very different froth the present. - He was sure, - from the statement of the ,Chancellor of the Exchequer, that their only relief was.in the reJuc tient of taxation.. On this point he . (Mr. Tierney) thought they had been all agreed:. but now this ofri! happy Resolution-was put forward, and: as he under; ttocsd, to be embodied into a law on Monday next, that five millions represented the public tredit. He thought his HnnourableFrierid the Member for.Abing r don Mr. Alaberryyhad been hardly . desk fly on the discpssion of this question. Whethe r hi s pl an wo uld !produce all the good which he anticipated from it, was another question i he was confident it could do, no harm. The Honourable Member. for. Taunton ! had said that the plan would throw away 1,2°0,0" ' of income; but he had forgotten that the pressure oF4 casioned to produce that income would be removidi If there was any folly in scheme, it was Mr. Mal folly ; for his oect originally was to 'relieve the Stock market. Whatever advantage might be given r by the - plan in the way of remission of taxation, the Stockholder received an equivalent in return. Some thing, however, had been said about raising the price of the Stocks. He had always been against this Med dling with the Stocks; and, particularly against a Mi. nister meddling with them, forcing a temporary, an ,artificial ise, and then. coming dawn to the House and saying, e, The Socithyou see, are two per cent. higher." Froth Whit.be a tod soeu 'of, the Right Hon. Gentlelnatt oppesite L •hewai!suite satisfied the. Right . .flitusitirable„Geotleapto, wptild nesigr coodeicend to Ladopt And) a:slit - fin. 'As to tliediiereitea of system „proposed by the HonourabliMeMber Tor Portarlingr frstn,(Mr. Ricardo), int (Mr. Tierney) _aid: Ant profess ,-to , lunderstand it, exactly; tbongh be believed, *it was- something- which would' give theltnribiset .of •the Land Tax- a power to receive it 4.:.'0f proprietor, instead of receiving it at the • Baiks:-6- This,' if he bad thus understood iteoirectli - Oie eon : . aidered highly objectionable. 'lie s well recollected that, when the Redemption Plan was originally pro. posed, be had resisted it, and obtained a vote against. nit from a certain Country Gentleman' (who was,- sit first, - about to vote for it) in rather, Sui odd manner. . --,The Country Gentleman jekid-hins (Mr. Tierney) 0 What was the meaning of the plan?' ; - tis which he... Mr:Tierney) replied, ft.why, it is toriiisfka4y'snoci 'ilifir Oli Pow. se, -at coming devil - Amiigiam:: ! on YotargsPitte:to-piek up the La nd Tax. " TM's frightened,,hho:Vountry, Gentleman, and .be (Mr,' Tierney) got his' tota—(Loud loaghier).-}le ,eer'-' taint,* thought :hi, H. Pjetid 4.(the .. Moyer) :had ,trodden in Sir. Pitt's footsteps ; .l and he,thOoght the proposed Resolutions Woofs', in ' thilitia. i lrertive.the stockholders. But, to bear HOO:Metiberi'filk on this subject, one .really would think that, if taxes -were now taken off they could never be laid on again. Hie repeated .that,..ita. /Petrol* .necessity for war were now to be shown,, tales to so pecessary amount be voted and rea d ily pat s . ! He' did not say that some of the Resoltaiiins Of his Iliin Friend might not be improved in detail. He agreed,, however , with. them in principle, though he was always for having some surplus. In 'conclusion,, be copid ode bat say, that the Stockholderought to be fOrward in making sacrifices, beset as he certainly was with. dif. kulty. He ought to chew that he had no desire to profit by the distresses of his fellow-subjects (whether occasioned by the curreacy, or any other cause),. no tlesire to take money out of the pockets of the Land holder, to put it into his Own: Such a volUritary ,iieVifice, while it would not reduce his own security would contribute to the relief of all classes(ficar).. Mr. HUSKISSON apologised to the House for ad.. dressing them after the very able planner. inwhich the subject had,been discussed by his Right Hon. Friend 'the Chancellor of the Exchequer, and the ion. Mem ber fbr Taunton. The House would'at' once perteive that the-present was an anticipation of the discussion that would take place more regularly on Monday next, when his, Right flop, Friend had signified his intention, of bringing the whole queition respecting that most important part of our'financial system, the Sinking Fund,-under theiicOnsideratimi. ' He would hot , complain of it, but/ the Right Hon. Gentleman who had just spoken had introduced.the subject ra ther prematurely in his observations on the speech of the Hon. Member for Taunton—a speech which he `01i: iiiisk4sOn) 'bad heard With thelleatest satisfae ,ifin*-exhibiting, as it did, 'the Most statesmati-like :and jastelews with regard. to the great importance ft( retainiog it surplus teirtnue, add: teoployiss : . i kin tite fiopidatiop of thedebt. Coming. as thatopenion '44; from itt itidiiidual of the Hononiable 'Gentle: - Matti knOwifirgi i k'nd • eiperiente; '14(15'1 . r. -- Biltftis-' son} ivas Peisuidecrthitit wciaKi ' have•thoie 'weight iiiiibe*fiuntryi - and tend' More to the wraintenance, ,of the public credit, than*ii,it had proceeded from most an .other person in'the House lllett e i.,, 2 kar).• e(MI-:Hoikision) was 'Ord Of thote ii eigretted Alit dePirture'from 4 thi - drigitivt. isitteltnii:lll - the filittking -Fiintl... -Pe widietlih*thiger:OOP4 l ,o;44l!_• Apeockeld inviebthtei, •AdvirtOg to till tort Via „lice, Hito.'M ins* !&r - Poriarlintotti grqlollldid MA! siipleissect iiie - OT iii - iiidfiledal - W4O Wafidli'ilf*iale' worth 10,0001. with aii - iniumbrant** - tedol24:t' 'ilia fell `farad Ilts i leiblditateinirldwhiti'fifiling Arraf foit•the - licitildadoei - nt his *debt t-- hi ishieWed that 'thik-Flos. Otatlethat had tragoiltiethititi'ihe• . . -., cir Oro nation there ittight be a - •••• - Siti-TdeliiiSfa Weekettiftg sti iIW .- - - ' " '• • .1' 'inaklitiklivittittlbe fttSitrart 'rale Whitit the Hap.' ' Vitittilettnin had 04 the . suppoWid-bsdivkiesk Would ' haver been ultioWtly . iiii detst otilL I Ockli t latter of; 11,0001.'fIntffons: G 4. ... 7 (4 MditYatPiriEett.. . . ... .- • "!. •• 4fitinidettistanespecteideettldgiettilet., is those • overt ieloicing at the reueuttitiimtifee alone in the•Revenuefaud no taus luoretatneeteirte . joked at it than himself), whtstber t -if: the' etaudily were to be visited:with ..a bad - harvest, which would necessarily - tie. followed by a;- cobkiliarabie. chifPge in the price of all .the. intioleclof life.• and Alba .in those of comfortable subsistence, there would osathe *considerable ditaiautiow in the •Szverrue Erel o e? threspeetto the Resolotioas "bids hack beea; oxsYcd by the Hon. Member foe Abingslea,.,he.would flat &Ilia the House with triorethana few senteaces upon them. He- (%!r. Hnskisson) quite eirsiecriirith the lfioti.mbei. ftw Tauntcrn, that; iitheielt O diAtons were proposed as a .substitatefer-tkeiPtkini•Mini, • a ing could bedevised'lrst ilesirksaig tkirrece. The Hon.Gentlentan'ssecend Resnlittion deflatedAhat it had been agreed unani meetly by Oft House, the only Sinking Fund which could be eAcient war that which was caused by a surplus Of Wooer* , ever asp ndi tare. That was the groundwork of tie Htin.Meritller's plan ; and the way in-which he proceeded to carry sato execution.this declaratiotMg.thr w,p by proposing to do messy with any surplut whatever!-- e whole of the Hon. Menilier for Abirigettlirfplan was to transfer /.41,390,000-of Stock, km tile. pur chasers of the Land-tax, provided thewbole irece redeemed and purchased, for whittwas C 6 intifonly ailed the redemption oftheLentt-tax irersimplyithe iiimiftr of a portion of the debt from-one classof iedi viduals to another. Suppose the Hon. Gentleman found persons ready to.inorfow - morning to coricluderthe whole transaction, what would be the consequence The public 'charge. and the public intorno, would be equally diminisbed. concluded by begging pardon of the. House for Oar. • ,ing intruded so long on - their alto:talon. 'The 'Sink jog Fund having been attacked. by elicit high *Ali-, Titles, he F-111 it his duty. .te show bow inconsistent the arguments on *which tb.at attack was founded, were the deteiminition to which Parliament had already time on the ssubject;as well arwith the ge weal policy ..by which the onuatry, ought .to be ac ,toute4 with reference to its domestic coodition,aod to its relations to the rest of Eutoper—(_flear.;hear). :11Ir. LeitA FT said, he cotudderid the pvesetic queslitib ha rt, as it regarded the application of sulpha revenue, a nd a s reg s arded the doctrine qf a. igniting Fund . With, respect, to the ' urge of the Neither the Liverpciol againit iii titen Honour- . petite-ftiend (Mt: Tiekey), ise did nor thiiihteit therb.vgk ap r.plied,bgefure.the Internal sisto if the Country how le different from the state of the country in 1714. -Alter all, there iniftlot eo-grgat a ddreiaucr between the. two 'idea "(she Hawk. .The 9 l nticenerf. opposite . proposed .a . reductlo tt qf tay, a ti 9ll , s e , t he a&fiesi id twin hirnlOns, Waving a' Sinking' Fund ot fife mut tons. t They (the (idei)pdseda ferlbei.itthiethes - of this/41141- lions, aft( that thte•.siltPho.ritieilre.. untied x dinhias Fend,, of dye furnish's h should be reduced to two twillions. There urosto -.Gentleman in that Hosea dote larger:mission of taxes must 'teethe cetudes7 of an h°Foosnseht in tan,lt log-branelieeof die resent* ; thee' eishf of two eM. ill& we - 41eubtedly be mush isiorinnetint the sad .e ther year. The Honourable Gentlemu n lir AgushOssnoA l 2.o4 , llo*.iiie. dons ofl 111 9 *etc So nit that any breach or those wot il lr t a violation•of public lidthord'intattackhiessPiathe credit new what, be would ask s weld be more inrediths*alt thin the t Honourable Gentleman, 'Who, In ardor to set by to tisk ' don, - passed o'er the law:of the aonntrgt.Tha bights* sloartne on the Sinking Fund was beld.by hk lieeputable Primed ,(Mr. Baring), hie (Mr. Calcadt's) objection to thit Shictiine irac.that in dadincwitis the pettish stud& not bo earsied into e ff ect.; • If it were so be applied to an inanimate bilk* would he ;tardy wqii, bit ft seemed to liave Onto( cubsideratloo die Waists and &erns-- Masai of the pivots.... fahir (Mcasealaraftis) Mew of the we, the House, under the • present circa cei s ef the coustery. no t iit to remit bv e Milli on of tea , hear 1 ).--ftemirting so mush, there world stfillemidu a sans dawn Millions.-,wokr ' Plus, tu his opinion. asul4F•furmistis.to w. any sudden iluSsY- Ohs*. The Minister, ir IM9- 4a a time of peaielaid on Id ditineat tater to the ambit& hi lime millions, and yet ft wits assumed that, If after that House had mmtned,talkes to the ut most farthing, 'a badden'oemision should mite, Eiesedhirale'l6- tensity of defend's" natarelonalhassomas.ifr Prosol d ass ;Nth ciples of libeny--.(11a-ptr. hears-sha4 _the r*, 9 iifigland Would murmur at dew' and fiesltisary burdens ; -14 hot be ' liersiros-ktsbe Glovernment;bY every lasinourable meads, rr illeve.the support pehe Goople, andvernlnent. the people. by cyan possible iiKaos t would t • -lit: 1114BEIRLY shortly .replied, ,710 tigaearape plainber for Taunton had called his plan a bubble if.it wow' etas lfr: Pint's bubbiik and not his.' The Henourable b referred : - to • • that. &trot dial, sets 'Mgt result froralee7 fore afforiabitAgainkiiiesivissaftwog do** bus equivkliet to- Oat- 5.7 r, P.41,1),* ; instance ertheid•tat4l6.wideft titet - existeitty Ouse _Ow : Rix/ adriguni t o t onmot lAstfkly riunktbkilip eirma4se-settlinteeistiteofileme Caton •SlidapPllllBoi- - Of inuehtitPitil,Peer, the - counifil 404 al The Right rfortooltiilts* forptareshoteleips be'rtmeh ritore' of nation - at. " 'sift:lined, and hi(figaii 't .) hailed ttstiedatta. than it could have been ••in ihe bandit of (0111 lion with great satisfeiesini;that y rt itoktili . lorploa re. isigrterf. to be 144 - iont,,fty Abe yeduction, of the venue • Wee' indlsiitilsalltipin '4ll4.llilit the •Detakfi v m um. up . Lime r ,4llopf).--.Very, cfrirt must public - credit 'On • aVelitheiiporary with that there was not only .a ittrplus or five. IDA ! emba swwiil resort- lions, butinilch more; but coati:any one l donbi'ibe itrs . to lotteieiliefillfthr oicisioo . a., dreadful issues of th e country since the. 'ioneliteion Vie, • at of the eats, sear? He requested that he should stet be 'Airoitsr - - *are sturphket in. asked t" stmt frs ll 4- stiatill)b as- onf %OW:bad ale4nitei neteiiity.?r, tutu , • - gained aomAthin j t, .when his : neatest exertions could moron that-alone; he twat eft: *ea *Rh'. she ;..;. scarcely *keep wh a t b e posset4:l---(tietfr; lionotmtble Gentle~inan. M inan.. Of ktg - int% -• • .'• The stOckholdT ought not to let it out Of his mincrthat that ileaa ift he Sinking Ftindieest aiiolfifi MAW ' men of hunithiptoperty wervplaced in the most Af: be trzitedienete have a Surplus of na'hitiih 4L9al Wei% ficult eircuatonces. Heise:Ted theatockhol der woold &re mtliirnta , tO meet ant.bctinionel . • not 4nd fan)* with- Ati Atecause 4.e eatende4 Gatopistee in the 'anitleinctifttle path y ,ta that ,class, who hail to pay off jeretures, life nnnnit7f.i_ . teptovideieinstimespecteddentange,idet. ban referred- to.; wpm& WM:. ;Pfta on ilso ill:Wm fond, g stating that the abject of* was to Omits &orb. He ( Mr. Ate. e billy) was not projector of :the plan; k vita toilisideflliti t i Lieu. Acts of Parliament.; 'The Hanpurabk, fpx ton had also compaped the plan to hlsf Mi. M att nt to get into a quart bottle but helhomali - tliiialit • i• entleman's-ovia aPirANII IDA* MO* $ l 4 f parisoa • more . apt.than gory tlif elan woidd pot e •ptielitie the Ham from &aid - sixes; liktuld'Utey boamoW7 land be Pei ll diffictilty, after inch a emispica !to s cqi e the objection of thellonoutable:Aoer r.lbsfaksitcie e atoweitriordinarmfor ' •- • ; a hark% no. Sinking Fund at all, mare y YaCia_aie Utt ; !!. kfannged. Hey /h. diet* fnif Xi' • . 1. a Sinkiqg Fiqd.l.la,die .Isiwyeasclecha r p _ S . :•.4; Auer had patted, that there Wea.a,Sinktng oi lm . at • • • a, e: 'and in . febrin le days ,afeer lordieitnnvpllirpriiii3PiCff t . hind 'be -created-A*4ld 4aabitieeeraeMief.4VAlo2_ Hundred Thoupnit rotiftch , for a p -writ e -Under' drsiamtasees, le Mi.laiblielt)Viertselitsibtl sett RatiatebeFideeet4"-ikillieftlaßeeiaolo* ',Mil! a !V*itweJ4t,lmale ttiv tlo, 421 4 t r 40 4 1 ,,..„ lite ingne'thM atOn* !aelBW e. /De 3.:t1it1 4 . 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