The National Register. — London, England, 1811-05-26 00:00:00

confirmed by very • cial means of the empire, •presented in thei exposit . lion of the Ways and Means of the year. It is a proud cousideration for the British empire, that, • whilst-its armies are prosecuting a career of triumph over the hitherto victorious legions of the enemy, =• Its internal resources, in spite of all the tyrannic • measures resorted to by BUO:SAPA TE to cripple its • external commerce, exhibit undeniable evidence of undiminished energy and progresiveimprovement.• If ever the Tyrant of France could have had.any plausible ground for flattering himself with the idea of a successful issue from his Continental System, it was after the Report of the Bullion Committee had awakened the fears of the timorous, and • cited the doubts of -even the most considerate • amongst ourselves, and when the . extent of our • commercial disasters, last autumn, -in the Baltic, consternatior amongst. our merchants, and r i i. d .. e2l' • M~jt' .. , ...~„ . s I :. ~,, ;='' ~. . '`‘ , OP • fo• •••-• of expiring power TI :d . vigour which the increased expenditure of the war is met iiithout•any addition to internal burthens; nay Pwith a reduction of internal taxes, will open the eyes of European Nations to the .real contrast be tween the pretended extent of French means and the actual stability of British finances. But it is not the circumstanceof an increased ex penditure being met without any new taxes, that constitutes the real ground for self-gratulation and triumph in. the statement of the CHANCELLOR of the EXCHEQUER ; it is the demonstration of the inczeis ing 'population and wealth of the country, deducible" from the augmented consumption of all the great . ' articles, which are the great objects of taxation. Not only have the duties of customs and excise been p ro ressive in their amount, tat the'clitaiseitiei of tea, . 41 bwine, tobacco, tallow, &G. .etnitu*ed;lave of late:.d -increased , beyond ffsfwer.exolnpie , . This it would, ordinary perlutph be in ;•.: 1 - , • -.: • 4 )f, , ... • , .. , • 4 4 f.. .. .' : ' Tie .k , ..- *.O .l ."' •-• . ' , • •, , R b 4.. . ". .. ' . ' 1 ' ... 1 firriOXAL, ItE6I4S . _. TE - • - ~.. •,‘ . : ....,,,,,..,,..-..,,,....-- ... . . , . .. • . .. , , .„..., ......... .• ~, , 'Out iittnyhttiot ... ttutitni, trittilotis: -' . - - ... #•- t . , 4t -. . 4.7 - _ „, ; 4. , . _ ,YIMAY .4 6 I t -4;;:,.._.:,..,....—.,.,....:--,----.—: %, • „. _ __--.._ i 0 ff _. t .„..,. ( t ' , - ~, ' -,; If S , tn % "' - **.!• Pmell - 1 il'' -, ..... ~ , .- 4 3 0LITICAL lIISQUISITIOX sadly, thets - y- must he , ,:be diseppointei4 fintil• 11144 ' . .. . .. - , ..t. . ~ • .t -- - - so far fromsteing ruined, our firsancer - iikopoTer- •• • -, No. 164. cos ; and so far • Irons being inawrially 3604, -....00.-. our commerce has been progreisively,improved. .. . • TIC BUDGET. r 1 It is in this view, that we regard thesability to : .......... carry on this expensive war, without any new taxes, th . e solid and . unqueitionable proof; of the ex- ' : 3ent anditibility 4 :-British resources, developed in except those of regulation and protection for our the financial. statement of the Csiascauoa cf the colonies and native shipping, for another year, as in the last degite auspicious and important. At a • ' Excites:Alta, on opening the Budget for the present time when his own means have more than begun *ear, afford the best practical answer to the rove= . - to fail, 'and when he - was daily flattering himself ries of those who have. shown ,so muc h diligence fin with the destruction of our finances, it wet he , a - *nd anxiety to establish,. n °linot only a depreciation of . ; g mortification to BuoNaphimn. 03' , Observe the elating medium, but a consequent decline A our,resotirces not only steady but improving., whilst df the revenue, and the imminent danger of na- his Own means are every day becoming more limit • ' •;,.. 4 tional bankruptcy, unless the evil should be averted j ed, and every effort to repair them must have the by f.t speedy recur,rence to cash payments and metal inevitable effect of precipitating their further de. : "-- lie circulation. After the teilious and painful sus- predation. The contrast, too, cannot be lost pense in whic i the public mild:law been kept, from upon Europe. The- tnisrep4sentatious a 4ise the first asitatit3n of - thi 8u11'. . -question to the ul- tin3ate decisiot .0f.P.414014 - ,00 I Oilii Import of Ft ‘ fich ?Pe " had impressej, u p m eve " P irt q f the Cotftinent,. a conviction, .that the sun of liti- tbo. Baiikmeetvsiiftfie: - it ii it - sottice of unmixed • ,-• . • ~.- gratificat i on t o find; that , no sooner , are our fore ; tish greatness had set with the extinction 4 British intercourse with the nations of Europe, and that dispelled by that deoistbiit -limn Our confidence is its present exertions were only the last ' agonies confirmed by the very favourable vie w of the finan- nf exnirine power. The unimpaired vigour with . Spread consternation aniongst. our tnercnants, anu : .- ---,,,-- -- - . i , • gave new vigour to his - hopes. Either of these -increased, beyond' all fry exatt44. This sin-s- events would have been sufficient to warrant a ple fact wou ld , in. ordin ar y times perk. be in _ , -. - , very sanguine confidence on his part, that the a great degree ascribable to a-proportionate augmen- loundation of British resources was shaken "; but tation of population; bot during war it can only arise ' . begh conjoined were calculated to divest con- from an increased. consunvotion v4 - 4ich can solely be fidtece of all that is doubtful in srxpectatio a the consequence of ap increase ofvealth and afilu- - , -7, . • ; . -,.,. And xp give his hopes the stamp o f certainty. _ 'llis gaff/nate, founded *Pon the tluall titile. .s traltr..C4.4l;lll -'. r # 0 '' .".* .*...,.!,„ •-+limmb-- . . -• . ~. ..'" ',lt , ,-:. . .. • ~. ~! .~ , ik+l4 . - ' •:,~. ~~. 4,