The National Register. — London, England, 1811-07-21 00:00:00

TIIE NATIONAL RECNISTER. • Mr. BROVOTIAM expressed a wish to be allowed to bring for ward, in the first instance, his Resolutions on the subject. The CU A NCELLOR of the EXCHEQUER observed, that ha un fit it bad been settled, that the Hon. Gentleman was to sliscus , i these Resolutions in the debate on the third reading of the Bill. After the Bill was disposed of, the Hon. Gentivnn.n, if he thought proper, might take the sense of the House on Ins Res&titions, and enter them on the Journals. Mr. BROUGHA m acquiescing in this arrangement, The CHANCELLOR of the EXCHEQUER moved, 44 That the Bill be now read a third time." Mr. G. Jo a N SJ N opposed the Bill at considerable length. Mr. PAT VISO N supported the Bill. Mr. WESTERN entered his solemn protest arinst the Bill. T. Ir. Rose contended, that it had been the policy of the coun try for centuries, to prevent the coin of the realm being sold. T.le Lill, therefore, far trom infringing the right , . of the sithject, did but enact what had long been understood to be the law, and what, if not the law, had been intended to he the law. "With respect to what had been said of its protecting the debtor alainst the creditor, he observed it was only intended to protect tne tenttnt against charges which might be made, but could not he equitably made. The tenant, it should be remembered, if he charged a higher price for the produce of his lands, was obliged to pay a higher price for every article he consumed, and therefore it was doing no more than was ri,;ht, when they pro tected him against such charges. It was too much to say, that the example of Lord King would be followed by no one else whose motives ware less honourable than were these of ilia Lordship. The advance in the price of whert was, in a great measure; to be ascribed to our Corn Laws, which had laid on it three or fovr and thirty per cent. within the last fifteen years.— It was the duty of Parliament to protect the tenani, not against Lord King, but against the merciless landlord who might dis tress him to gratify a mercenary disposition. For his part he heartily concurred in the measure. Mr. WIIARERYORGE thought, that in the situation in which the country was placed, some measure became inditTensibly necessary, and this appeared to be that which most naturally suggested itself, under such circumstances. He could hardly have supposed that any man would adopt that line of conduct which had been adopted by the Noble Lord who was the came of this measure being introduced, and still less ccu!d he have supposed it would be resorted to by a person of Lord King's rani: and dr:meter. Lord CuenitANc said no docking of the branches could cure the evil eeisting at the root. Every vessel that conveyed goads 'to Portugal, Spain, or Sicily, to his knowledge sold every arti cle for less than its original value, and the meechant was only supported in this traffic by the depreciated state of our currency. lie then proceeded to speak of the general conduct of the war, and asserted, that if Spain and Portugal were left to themselves, our miliotry force might he so applied as soon to lessen the pub lic burdens. He was convinced that if Government made use of the information they had in a proper manner, with one half of the navy and one-tenth of our army (he would assert it with out fear of its being disproved, however it might be contradict ed) " they might lay the whole coast of Buonai.erte in ruins, and reduce the enemy to a peace in less than tweive Months." He was confident, from what he had read, and from what he had seen, that an army of 10,C0C1. men, properly disposed of, would keep the whole disposable force of France engaged.—[Here the Noble Lord was interrupted by cries of " Question, question !" Chair, chair!"] The SPEAKER requested the Noble Lord to confine himself to She question. Lord COCHRAN r. repeated, that if 10,C00 men was employed in the manner he could wish on the coast, the whole disposeable force of the enemy would he kept engaged, and the expence would not be any thing like so great as that incurred by our pie sent operations in Portugal. He thought the statements he hod made were necessary for the good of toe nation. He was actu ated by no motive but the desire of benefiting the country. He declared upon his honour, and before God, he did not want to be employed in any way, and he hoped that Ministeis would not think that he did. The depreciation of the currency, he con tended, was caused by the profligate manner in which the war was carried on , and he then gave notice that it 'was his inten tion to call the attention of Patliament to that subject early in the ensuing Session. Mr. W. TAY I.OR supported the Bill. l\lr. P. MOORE said he should detain the House hut for a short while upon some points which did not appear to him to have been touched upon before, and if, when he came to these points, the House disapproved of his proceeding, he would sit down, In bis opinion this question should have been left un touched by the House ' whether the paper was depre k iated or not, while the public did not murmur. He reerazed much that his Right Hon. Friend next him (Mr. Sheridan) did not take up the subject, as he would much rather have attended to *"i3 himthan tindyrtaken the task himself. After taking a review of all the measures adopted by Parliament on this heal, iron the year 1797, which professed to be temporary, but Avt.Tc, in point of fact, of 14 years standing, he went into several cal:•u lations for the purpose of showing that the Bank was rot in want of cash, being at least in the possession of 35 which only rt quired proper measures to bring them into circu lation. lie remembered an expression of his Right Hon. Freud, with respect to the Bank of England, after all the spit ndid boasts it had made, that " Brag was a good dog, but Holdfast was better." The best course, in his opinion, under all the circum stances, would be to let the matter rat, and he hoped the Bill would lie over to another Session. _ _ Mr. SHERIDAN said, lie should certainly trespass but for a few minutes on the attention of the House, at the same time he should not enter into any contract for accepting a d Hal, vocal or other wise, as a warnine by which he should be hound. His i-lon. Friend had recollected a foolish j Ace of ',is, without recollecting at the same time the application. The occasion upon which he (Mr. S.) had made use of it was, when Mr. Pitt, after r n investie,ation by a Committee into the state of the Bank, for the purp-se of ascer tainiiig whether they were able to pay, applauded and exulted in t he proof of their ability, but alleg , d at the same time that there were poliiieel reaq.,ns against the ad vtion of the principle. It was on this inconistency that he had vc:.tured to remind them of the homely but significant adage that "Brag was a good dog, but Hold fast was a better." Ile begged it to be uuderstood that he had never meant to opplaud the conducts f ll°ld-fast.—(el LortAh ) His Hun. Friend had expressed a wish that he (Mr. S.) had saved him the trouble of coming forward; but as his speech did not ap pear deficient either in argument or decoration, he could not see upon what ground such a wish could be expressed. Ile had another reason beside this for being rather surprised at it, aiiti this reason was, that he entirely differed front his Hon. Friend in his view of the question.—(A Undoubtedly it was a proof of the disinterested feelings that guided Ms Hon. Friend. Fur his own part, he was anxious, Indere the P,ank was called npon for cast payments, to understand that it was not the state • long as to call upon the House to give up the contest in wh:ch it was engaged.—( Hear.) Nothing could be more unjust than whi!e they restricted the Bank of England front cash payments, to itieve the tenant at the mercy of die lanultolders. '1 de country :ethics, he concluded, weuld certainly he ruined, and he left it t • them sAves to conceive it what manner that mieht title ct the. comme, - clal interests of the country. lie ridiculed the prophecies of bank ruptcy, &c. appealing to the state of the country, as it proof that the enormous income with which she supplied the Goverent nt, was not wrung from her distresses. He held it to be extraineti nary, that upon either side of such a question as this, there should be such a conviction that the other side was wrong, as to encou rage any ferocious party spirit —(Hear, hear ! )—The question did not admit of such peremptory decision. He did not think he should even agree to make Bank-notes a legal tender, bat hoped that they would be able to come back to the old system, without resorting to such a step. To him it was no mortifying reflection, that the gold which was essential to the existence of other countries should he so easily dispensed with in this. It was a proof of our credit and resources, and Nvhato,rer dis, - dvanteg,es might he supposed to follow from ir, he would ask what other nition could du the same. He did not wish to risk the edven tages we possessed, or to do any thing rashly or prematurely. After some further Observations from Sir F. Burdett, Mr. Baring, Sir Samuel Rom,' y, and Nlr. Tierney, the House di vided. For the third reading, Ayes 95; Noes ; Majority 75. On our entering the gallery, Mr. PROUGUA 111 was 1 )1'01)0511:g the first of his Resolutions, which went to state, that a person had a right to sell his property for what he deems its value, or w give it away if he likes it, or to retain it. After a few words front Mr. BARING and Sir F. Eutiorerr, the CHANCELLOR of the EXCHEQUER moved the previous ques tion, which was agreed to. Mr. BROUGHAM then proposed four other Resolutions, em bodying his opinion on the subject, on the first of which the previous question was moved and carried ; tke remaindo. - wcie negatived without a division. At half past one o'clock the House adjourned to Tuesday. _ _ A Heligoland Mail arrived on Friday—The crew of the boat that carried over eie King of SWEDEN have been permitted to return to Heligo land. They landed him near Tonningen. " Heligoland, June 9. " This day the boat and crew, which conveyed the late Kiog of SWEDEN to the Danish coast, returned, having landed his Majesty near Tonninyen, on the evening of the day which they left this. Capt. HAWTAYN E, of the Quebec frigate, is to take the command of this station , and the Horatio frigate, Lord GEORGE SI UART, will sail the first fair wind, in oikier to join our flw.:t off Flushing." umeat.,:i...rrWMiaMlll. • 7.: ,~i,trufL .