The Statesman. — London, England, 1821-04-10 00:00:00

i?)% . • • . • 's Ott w• ..‘ PA-Ouxv - • 4 •• • A A . I \,._ I l b ) I V takrstaan4 • "..11111b - • • . - • • ,y .. .... LONDON, TUESDAY, At'RIL.IO, 1821, till 15043. RANT 1 ND:A 1101 SE. Jun. 24, IS2 I. THE noir/ of off it United ennwany of ilerekasts •11 I;;•jtagd.fratling Lu Ike East ladies di• hereby mire Nti( r, That a General rwirt c.f :ilia Company will be held nt their House In 1,-,41,•nt.-11-s•.reet, nit ‘Vrelneidey the I Ith o Ail next, from um. ti'cloc l / 4 in Ow morning until six in Vl f . e p ve r ning, fur the n e•lecli.,n a Six Directors of the said 4 ornpatly fur four yusts. JOsEPII DIRT, Ferretary. TO Tun PROPRIETORS OF E IST INDIA STOCK. lAntes AY, Y . THg gi.guTH), N, ix DIRECTORS of the VAST INDIA f'0%11) %NY being appointed for Wollneiclny, the 11th April next. the favour of your Vote and interest is requested for the following Gentlemen, size— JOIIN 871:11. F:sq. JAMES It IVI ELL. Eifi. Hoc W. F. ELPIIINGSONE. JOHN INtll.lB. J AIWA PATTISON, Esq. Which will much oblige, I.3tlies and Gentlemen. Your most humble servants, viteuxt.s. li vo stn mxs, fi. A. Routssos, Wu. 'Fsv Lon , THOM AI REID. Jon% MORRIS, JORIAS DUPRE A LESANDER, EDWARD PARR). WILLIAM AZTELL. RD. CittcgsLav Ptowo:-.t, .1 sena BOSANQVET. CHAN. ELTON P:tiacl-I 1 - , Ilnernv Csurnet.L. Groitue Ratites. WM. STANLEY CLARKE, J. G. It trestt Jusertt COTTon. IiEORRE SVITII. NAIL BENJ. EDMONSTONS, Jugs TitOlt %HILL, Cl/ARLES OR VAT, SM Est Toot:, Jogs t. DLESTUN, WILLIAM Wlc+RAw, Illatt LI%DSAT, East Intlla House, March 51, 1521. - • TO THE PROPRIETORS OF EAST 1\ DIA STOCK. [Antes AND UENTLEDIAN, lIAVINO the honour of being recommended to you by the Directors Drib, East India Company, a; CANDIDATE fur the DIRFAMIO , 4 to be chosen this sear, we take the 11!!erty of regorging the favour of your on the day of Election, Wednesday. the 11th April nest. We are. Ladles sod Gentlemen. Year most bansble servants, JOON PERIL J 111 ES D W!1.1.1111 I.IJ LLARTON ELPIIINSTONE, JOIIN JAMES P errisos. East India !louse, :11Rrela 2S, IRV. - - - --- TO THM PROPRIETORS OF EAST INDIA taut K. LADIES awl UENTLY.I.F.%. UPON the near approach of the Election to supply the Vacancy in the conrt of Director+. I felt it my fluty to submit a Report of the result of my ram P.i to a nu- Eterous body of my Friends this day assembled, who have unanimously passe.' a ite.olution thereon, E o which I beg leave recpeelfully to milli your attention. Allow me in the most earnest manner to entreat that you still, by giving me your Sutlragev at the Ballot on Wednes day next, realise those flattering hopes of success which the very extensive promise% of sepport I have received induce tne to form. to he. Ladles and Orntlenteln, 1 our obliged and devoted servant. London Tavern, April 9, Ibt I. A. WE1.1.%N!). A . , a M EETI Nt: of the Mr. IV ELLA N D's C O3l- M ITTEE, held at the Old London Tavern, Bishops gate-street, on Monday, the 9111 April. MI, DEORUE PALMER. Esq. In the Chair; It wes moved by GEORGE WARD, Esq. seconded by JOHN DARBY, Esq. and unanimously resolved, That the report of the progress which Mr. Welland has made in his Cant ass, affords to this Meeting the utmost gratification. and gives the fairest hopes of his succeeding to the secant scat in the Direction of East India affairs ; the early atte:l,l - therefore. of Mr. Wetland's friends is most earrie,tl) entreated at the ballot, on Wednesday the I Ith instant. GEORGE PAPA' ER. The Chairman having quitted the Chair, the thanks of the Meeting were moved by WILLIAM C.AMAC, Esq. s , een ed by ROBERT DOWNIE, Esq. M. P. and unanianuuNiy voted to him for his able kid therein. LOOKING GLASSES. SEVERAL large SECOND-HAND PLATE S, suitable for C;l;:iinevs. Piers. and Chewsls. are now on sale, on reasoon!tle Terms, at Coortn, EI.LIOT rod Couertes, 93. Ili.hopscate-street Wthin. Some of Ike larger sires are admirably adapted for large dining-rooms and elegant drauing-rooms. Large Glasses lent on hire. exchanged. or warehoused for sale. Plate Glass for windows fitted in at a greater relative ad vantage than Crown Glass. AU in ON DAY, 17th of May. Guar REPITCrION OF MR pall's FOR THAT DAY. Whole Ticket. l4 Guineas only Siatemtlys 4t) Shillings only 4and J. sirEw RIGHT are happy to state the • !words of the Treasury have !lights - approved Emir plan for reducing the Prices is their new Scheme, with TW0.... Prizes 0f.....(21,000 AND TWO....Prizr. of.. ./20.100 AS ENDED: The two first ore certain to be drawn 17th May, and Chanel of the Two la.t on the oth of June will also be gained by the first 100 Numbers drawn that day :—The Scheme to be' drawn 17th May. contains 2 ..Prize. 0f... 421.000 Consols £42.000 2 4 OM Consols 3 I IMO Consols Ii . . 31.0 Consols 10 Id • 220 Consols II ... ItXl Consols 10. . 110 Mm:ey 17 . 00 Money 10 lO Money ......... 1.000 3:411i ln Money 'nn r : " 1 - 4 awn Tickrts. nn the 1714 of May will each have a new Chance for all the Prizes in the following Scheme, which is all to be drawn on th..*(lth June. 2 ...Prizes 0f...2211,1100 Consols £ 40.400 ....... ..........: .1100 .u1164,1* 2 .......... . 1030 Consols 311.1 Consols 10 llO Consols lA. ............ ... inn Money si 1 1100 SW 10-104. Money .. 30,870 --_ 70t111 Prize% in both Schemes. .t 160,070 Every Limner i ;sued before the 17th of Miy, will be de 6"d " thht d;1, bnt the Brat 10;) Numbers drawn will rash he entille:l t o a new Chance for the Oth June : and with "these unprecedented advantages, the Price of each ennoce tot that Day is only. fur a L I A Ctr• •• •Zl4 11, 0 I QT.; M1TER...13 1 7 0 7 13 0 1 nic writ._ 1 1 4 15 SIITBICNTII TWENTY autt.t.rxos ONLY J. aad J. SirtINIMINT. the Contraeters, regoost as ear Co ollut " not their old Conant* Mom A 7. C•febi 6 . sod 311, ilarnarkot; or to Oak APHIS , T .ry 4 s e .& J. RIVafaItIONT sold to a' ?sweat i.otterr. too,o M AV. I htn duo. a n i n Oftr.o!-4od tbr ,r) Liter ) , tu.53, (Class B) £,.11,0:10! " The Cause for which HAMPDEN fell in Me Field, and srp.vEr died on the See*ld!" HATDO N'ti PICTURE of cititisrs AGONY, IS NOW OPEN. at I,:e Gallery next door to the British instituticr. Pfitl-Mail. with his Pleuras of Solomon, Macbeth, Dentnt.l4. Romeo and Juliet, studies from Elgin Marbles, and from Nature, and the brasrings of his Pupils from the CARTOON s. Admission IL—Catalogue Nl.—Open from Ten till Do*. IMPERIAL PARLIAMENT. HOUSE OF COMMONS.-NIONDAY, APRIL 0. Mr. R. SJIiTII moved that the short-hand writer on the Committee appointetl to try the merits of the iledon Election Peti•iu;l, hale leoce to give evi lens)l at the Middlesex Sessionb on &ii indictment fur perjurft —Leave given. CORNWALL PETITION. Sir W. LEMON presented a Petition from the -I holders and Inhabitants of the County of Corm The first prayer of the Petition was, that the Hove) would take measures to restore her lajestv to litt I Itights.—(Near.)—The Petition also complained yt the actual distress which existed, especially anion!: the agricultural classes. The house had appointed a Committee to consider that subject, and Cie utmost gratitude was due to the Orntlemen who daily ware their attention to that subject, but he could not help concurring in opinion with the Petiti mere, et.tt there was no prospect of relief from taxes, mot consequently from distress, unless the I adopted the motion of the honourable 31ember I.tr Durham, for a Pat liamen tary !Z. form. Mr. TREM.IYNT, roocnrre I with the Petitioners in their pr.tyers f r economy, and for the re st ora ti,m of the queen to her Itizlits, but he was opposed to any meastve for citanzintr the C011 .4 t t t fi , f !barna went—The Petiti•.n tt a. laid on the Table. AsTI.F.Y presented rota Petitions from 11elk sham, 'frowbriAge, lir.sdfnr a.ll a nother soinof.le. turing place in Wilts, raring for a Itepral of the Wool Tax. 11r. F. BUXTON ga‘c no n ce, th-it on Wednesday the l'sth, he shoal(' call the attsotion of the Ilon-e to the Papers which bad kern presentrol to it respecting the bitraing of Widows on the Fluieral Piles of their Husbands in India. Mr. TREMAYNE presented four Petitions from the County of Cornwall, 'join!! of A i zricultural Distress. Capt. WE MYS presented a Petition from Kirkulay, against the Ditties iiti Nut way Timber. Mr. 11. BLAIR presented a Petition from the So ciety of Solicitors against the Court of Session Bill. CoRN AVER IGK,. Mr. RARING presented a Petition from the Proprie tors of Hooded Coro at Ihindee, against the 'orsolve rages Bill. He was liiinself inclined to agree with the opinion of the toe •ssioners; and when they Pe- s titious faumailliosets-of Ibe-cowntry• col • that the Bill pending in the House would pro lute a loner average than th it taken under the present law, and con. seiptrutly of raising the real price at which importation would commence. he wondered that the Right Hon. Pre sident of the lloari of Trade should persist in repre senting his Kill as one intenileil solely to prevent fraud. The Petition was laid on the Table. Mr. WILSON presented a similar Petition from the Merchants an.l Corn Factor., being Proprietors or Con signees of Foreign Corn. The Petitioners nrgeil, that if it was derne.l advisable by Parliament to introduce a new tootle of milting up the Averages by lentil.. in Irish Corn into the computation. it should not be allow ed to affect the a.lit.it.sion into the Market of Corn li.nl b.., •t imported in bond under the faith of the The Petition was laid on the Table. '3lol'l I.SON presented A Petition from the Merchants of London, praying for the Repeal of the Wool Tax. The Petitioners nrged the well known reasons against this Tax. The Hon. Member stated, that many facts had come to his knowledge, corroborating the assertion that the Bill had a most injurious effect capon our manu factures. Ile knew an instance in which 250 bags of wool, n bid' had been imported to na inufacture-s in this country. were found, when they were bronght here, un able to heir the duty, and were shipped to the United States. In another ease, an annual order of some thou sands from America, for line and ordinary cloths and stuffs, was withdrawn and transferred to the Continent of Europe, in consequence of this Tax. We were, by this impost, which amounted on the ordinary wools of 2s. or 2s. lid. per lb. to 1 2 0 or per emit.. forting the Americans to become tnanufartorers. 'file {louse should not, for 190,0001. a year, endanger the woollen =un fitctnre. Mr. BARING said, that it was his thorough convic tion, that, if the House did not attend to the prayers of the Petitioners, and repeal this Tax, this country would be in ilanzer of losing its woollen usitnufactitre. Mr. Iit73KISSIIN sail, the proper time would come for discussing this Tax on the motion of the No ble. Lord (Lord Milton) for repealing the Tax. Mean time, he shoald remark, that the fact that the Tax pro duced 120,000/. last year, proved that the 'fax did not repress MU manufacture. Mr. BARING obserseil, that this fart proved nothing laugh). The Petition was laid on the Table, and ordered to be printe N I. EWINGTON SELECT VESTRY BILL 31;. 11. SUMNER moved the revivol of the Netrinit tots .I,•et Vestry Bill Committee. Ile knew the 'louse t. a< mrvilling to !scar any details on the subject, and he n illingly abstained from entering into any ; aml should make his motion simply, hoping that the COUP miner would enter up in the business with the honest intention of considering the merits of the c Ise. N 1... BENNETT praised the conciliatory wanner in, 1 whirls the Hon. Member fur Surrey had wade the tour, lion, to which he willingly assented. A converts* juts took ploce as to the day on which the Cuttni;tee skoold begin to sit, whether to-utorrovr or on Fri , lsy, between Mr.. 11. Sumner. Mr. Denison, Sir It. Wilson, bit W. De Crespigny, and Hr. Alderman Wood ; it moss finally agreed that the Committee shonid sit on Wednesday. CONWAY FERRY. In a Committee of the whole House, Mr. CANNING rose to more a c-ant to th.fray the expense of erecting' ft B. ifige .ovcr Coutroy Ferry. hI should then More I,th..t an alidiftonA penny be paid mphe postage of sit letters ; est-Aie.l over it, an.l Oa sum Buts rtilsed, wilth 1 ~,,,,, 00 , „,,„ht be on it, wuiall iiiettaA lesatte, t • 0 1 . 9 !limat4y the. public would . ' be pail the 'multi .I v Sir •it u+• now proposed to advance. He' toured that a grant, not exceeding 40,0001. should be made out of the Consolidated Fund to defray the expruce of erecting-a Bridge over Conway Ferry. A c.mversation of some length followed, in which Mr. Smith, Mr. Bennet, Mr. Abercromby, Mr. Hnskisson, Mr. Baring., Sir H. Parnell, Mr. Alder wan Wood, and Mr. F. Campbell, took a part, after which the Resolution was agreed to ; as was one for imposing an additional charge on the postage of let ters passing over the Bridge. The House then resumed, and the fteport of the Committee was orde..ed to be received to-morrow. Mr. Aid, ;man WOOD presented a Petition from the Manufacturers of the town of Chippinirharts, in Wilt- Aire, against Foreign %Po:A.—Ordered to lie on the • Las mr airreENNET gave notice, that on the 17th of 'May, he would move for leave to bring in A Bill fur better securing the independence of Parliament, by excluding Placemen from seats in that House. Mr. I.AMIITOS Fesented a Petition from persons enzazed in collieries in the vicinity of Sunderland, praying far an inquiry with respect to the state of the collierira.—Ordered to he printed. The further consideration of the Report upon the County Courts Bill was postponed until to.ntorrow. Farther proceeding in the Scotland Quarter Sesiions Rill was, upon the motion of the LORD .11/111:2.1..1 E. postponed until Friday. AFRICAN COMP 1N Y. On the motion or Mr. liot:LuruN the Mouse went into a Committee on the .Ifrican Company Bill. Mr. BENNET objected to the chase for giving compensation to the Officers of the C3inpany. The pr letice of giving competi3Oiott hail become nose s o g.eneral, that it ought to lie opl• Ist d. Mr. 601 . 1.111 - ItN 'kremlid the proposed compen itatioo, maitraining that, according .0 every priitc;ric of jitstice, IndlYull4ll t ghoul I not be allooeil to suffer by arran : ;eitients made for the public wt.' ice,especialiy where a great saving would result to the p u blic fruili inch arratigement•, which would be the case in the present instance Mr. III:31F, maintained it Wag lint the wish of hi. lion. Friend that these individuate go w ithout compensation, but that to whiii he 11.1.1 objec;e.l w..s the giving of llot eminent a discretionary power to cutnpensate lie wisheil the pensions granted to be brought before the Muse. Ilis objections to the clause, as it st I, wi re such, that he intended to di- Oar the House on it. GORDON did not approve of the coarse taken by his lion. Friend, which went to molt the rlause for compensating the o,svers of the African Company, without proposing any other mode of remunerating r them. — e` No no. fr om Mr, Ilmut ata_Mr. limpsea.) —lf his Hon.irientis only wished to obtain a cheek upon Ministers, he had no objection to the course they were taking. Mr. uorulunx offered some farther explana tions of the clause, and said, it was not proposed that the compensation sh Auld extend to those who bad but receirly !roue out to the coast of Africa. After some remarks from Mr. lit ME and Mr. Mr. RENNET moved, that an addition should be tux.le to the clanse, declaring that the allowance now pr posed slyialti not he considered to be finally anti ronelusivi lv granted till the subject had been brought again under the consideration of Par li.ttrent.--1 Isis am-mimeo was agreed to. .1 he remainder of !lie Bill was gone through nit!), and a el 'use hating been agreed to, placiesZ the p•irts now in the possession of the African Company, Rioter the .:toie laws as Sierra Leone, the noose re stunerl, and the Iteprt was ordered to be received to morrow. BANK CASH PAYMENTS. The CILINCELIAIR of the EXCIIEW:EII. moved .he reading of the order of the day for the House resolving itself into a committee upon the flank Cash Payments lii l ; which toeing read, the Right lion. Gentleman mos ad that the Speaker do now leave the Chair. Mr. BARING rose to offer an amendment. original intention was to move that it be an instruc tion to this Committee to re-consider the former Act of 1619, in order to see whether some provision could nut be made to lessen the existing evils under which the public interests laboured. But that mode of moving, by way of an instruction, he afterwards thought to he a very inefficient one in the the first place ; and se condly, such an instruction might seem to iutply an opinion on the part of the House, as to this sul•jeet, before it was examined : therefore he had route to the conclusion, that the most proper mode of all would be to move for the appointment of a Select Committee to reconsider the whole sobject. The in are be considered this question, the more he felt it to be one not only of the utmost importance, but as " 111 E" one in which were involved all the distresses experienced by the country and their remelt-.—(Heat.) N o t o nly wa s h e anxious to record on the j writals of the Mose his sense of the necessity of adopting a measure such as that he should propose; but, if he found any encou ragement, he should certainly divide the {louse upon it They all felt, no doubt, that the country dial at present stand in a very extraordinary situation. Af:er the ter. animation of a costly anal protracted war, and the in• . rervenuon of so re years of peace, it was indeed very strange that without any given aalequatr cause de rangement still existed, anal so extensively, that no class of society scarcely had escaped it. 'lbis evil, whatever were its character, and more particularly a: regarded the agriculturists,seetned to be one for which no sort of 1./needy could be fo u nd : because, on the one hand, there were those agriculturists demanding, as the only possible means of subsisting them, prices which they had no prospects of obtaining ; and. on the other hand, the other classes of the commonity, who affirmed that if the agriculturists did obtain those prices, the interest of all the other classes conloi not warily.. This was a condition Of things which made it necessary fur the House to see whether there was not ssaute:lti.ag bad and diseased at the very runt anal eviller of the existing system of finance—a *vs FawSwat. PEWS. tens which thus produced evils, for which so remedy could be come at. His opinion was that these evils, alarming as they were, were occasioned by the al teration in oar currency.—(Load cries of heat, hear.) —On a former occasion, he certainly had bad the misfortune to differ from his Hon. Friend (Mr. Ricardo) as to the extent of the alteration which bad been expe rienced in the value of money. His Hon. Friend seemed to estim.tte it, taking the average of commo dities and the price of labour in general, at from 5/. to a per cent., and not more. Now in his (Hr. airing's) view, it was infinitely greater. He rated it at not less than from 25/. to 33/. per cent. In some instances lie should say that it had risen . to a third, and even 501. per cent. To say what bad Iwo the difference in the valae of money between the period of its greatest depreciation and the present time, was a difficulty flirt he coal not hope immediately to cone to a very satisfactory solution of. But very few per sons nould consider, he thought, with his Hon. Friend (.Ir. Ricardo) that it had been only 5/. or 61. per cent; and for his own part, he thuu.;ht that if it were not of double or treble the amount at the least, he should now be taking up the time of the House very uselresly indeed, hr talking about the matt. r at all.— But being unfortunately, too firmly cot.♦ +iced of the contrary pus•tion, u hat lie wished to per,tiaile the llimse to do in this l'A.O was to appoint a Select Cum- motion would be, there- fore, "That a Sri. tt Cl/111111i, tee be appointed to roe sider the provision% of the 59th of lieorge 111., chap. 19, and to rep .11 the it opinion to the (louse, whether it would he cxredi-nt to make any alteration in such act, so as to alle7iate the pressure which its operation is producing, and is likely still to prlduce, o a the various ',ran hes 4.f public intlitstry. - -((leal.)—The more he had co , i‘idercrl this subject, the more firmly wa.: lie convioced thac the interest of Ote country it ou'A not w ill:, that Ow circulation of the country wonit not move, unless they did maturely and carefully re ronsider that imi.ortant act. 'Hie circutticances that hall shown themselves in this case, ex hibilit:r the ni.ost decided symptoms of the evil. w: ich were known to exist in our s)•t. In, hail been, io the first place, tit • total ruin of a great class of pe. - sous, who, tritstiag to the then value of money, an not being aware (as in truth hardly a hundred persons, perhaps, in all the country were aware) of the general depreciation which was afterwards to take place : and having on their side, moreover, the sanction of Cott House, the opinion of Parliament, solemnly pledgitte itself that there was and would he no sue!' depreciation—'kear, hear,)--actint; on that ryi nion and that authority, this class of persoils now found themselves totally ruined. There was then Limit of ores4it, wild %ditties or billitinets tx;iting all over the clown ; and the consequence was that, among that extensive class, contracts had been entered into on e side and on the other which were now become totally inexecntable. lie (Mr. Baring) thonght it was totally impossible to relieve, though it might lie the cause of adding . to, the ex:sting distresses of the people, if they did not carefully mike. the wit de 44 this measure. It was :italic unnecessary fur hint here to allude more p t•- tii.ularlY to those lonolens, or to menti n what the 4t4 , .• of things in England. generally, at present was. F. ry gentleman who had been through any part of the country must Inow that the small farmers and yr.,- wanry in the country (a class of F emur. mo.•.t valitah'e and most rrspr Ode ill a community, hut at the same ti oh. the most likely to he duped on such q u e stions a s th-se ; because, though vet), intelligent men in this management of their own affairs, they were nut likely to know any thing at t the currency) ;he would see hundred-of these %trial' farmers and ye.tinanry br044,14t to the ground by reason of having made purchaie• under a state of value, as regarded the currenrv, re cognised as it oas by Parliament itself. Supposi 1:r a yeoman had expended It:, all, a stun perhaps of 4,0011/. in buying land, the present depreciation of prices left him in penury and &Lt. If lie (Mr. B was to be told that there had been an over-trading -t agriculture, as in almost every thing else, he shout I say why the effects of such over-trading, in whateve.• commodity, they (the House) could nor relieve. 8.11. if this mischief hail been dune, in some sort, by th , . House itself, it Was most material that the Him should relieve the rafferers.—(llear, hear, hear.)-- What he hoped was, that no gentleman would listen to any mere statement as to the amouut of de preciation; but be put it to every Hon. M-uulte: whether from his oast daily experience, he could druht of the extremely altered value of money ?And whether any antberity ronl convince him that that arose fete!' any other cause but the state of the currency ? His Hon. Friend (Mr. Ricardo) said, " look at the vain-- of the precious metals." Ile (Mr. Baring) rather said "look at the value of all the articles of life." It that value was affected in merely one or two artieltt, he was already aware, as it might be objected to him, that there might be such a variation sometimes, to tally unconnected with the state of the currency ; hut if he found that the value of all articles had moved in the smite way, that was an unanswerable proof, and the heat authority of an actual alteration in the value of that standard according to which the purchases had been mash.. Let them look at the variation of price), then, which was t xemplitied, as he repeated, in all the articles t.f life; and they would find that it was to the extent of one-fourth, one third, and in many cases one half. 'I al,e the price of corn, which was the great grievances of the .aritter. Althatigh, as against the punt: "wiling, it was itn,loubtrolly at a very low prier, vet he would say taat the price of corn, compared With that of auy other c 1111 l 'nudity, stool nut! pretty Dearly where it did before this alteration in the value of rob 'ley took place. With a quarter of corn, the same quantity of sugar, leather, salt, gold, or any other ar ticle, could be procured by a person as. he could 'get fur the save commodity some time ago. It was only dear as compared with that standard by which the price of all other commodities was regulatod. burdens of the farmer, again, bad been crev.scl by ;lie alteration in the nominal currency. There mighty some gentknien who would say that all this was. V. 44". 1.• ,•44a. ant• .0 rls*l I f. 11.