The Statesman. — London, England, 1821-02-09 00:00:00

r vs ,i. •ra air :•11 borne their distresses witho-t complain', and who wee co r w irtmors for their lov.bv, might obtain suck alien C o ls to their silaltiost as wotshi tend to relieve them from their present emharrammen , .. —(Hear, hear.)—He cots- Vatted by sworibethat the petition be Drought up. Mr. ILAWLEY thong:it it his duty to recommend the prayer of the petitioners to the most serious atten tion of the House. lie conceived that it was entitled mirth's* coasideratlon, nut merely from the neabet and respectability of the petitioners, though that itself would be a fair grolnd, bat front the importance of the statements it c.mtaltte‘l—. atetnents which involved the most serious interests of the Empire •—(Hear.)-- It was far from his intention to give any contradiction to what had been stated by his Majesty's Minister. Upon the improvements which hail taken place in rtanv parts of our trade ; but if he were to rest his opi• ttiun npan what he knew of the state of the trade of Birmingham, it was nut such as would bear out those statements which had given Is m so much satisfaction. Mr. LITTLETON observes!, that if similar inquiries to those made in Birmingham had been instituted in the south-west of the county of Sutford, the sauce re sults would bare been fount.--(Herr, hear.)--iie believed, thosgb the petitioners only fabled at it, that if a committee should h • appointed, it would be found that a great part of the distress oomplaised of would be fogad to have resnited from what had been. tie would admit, very properly done by his Majesty's tioveramaut trial respect to the metallic carroacy.and we un ,l u essesod the Hon. Member) the lissitatirn of lanes from the kiosks. He had. however, every reason to hope that conflaence would so IJU he restored in this respect. Ihe petitioners, it appeared, did not attribute the dis treea of which they complained to the cessation of the legman(' for the articles in their trade, at the termina tion of the war; but when he considered the very great extent to which the trade. in articles of military hirni haul been carried on in Birmingham, he could not hut conclude that it would require many years to fill op the chasm rinsed by the cessation of snch a demand. The petitioners admitted that the committee of foreign mete was a boon ; hut that that alone would not be effectual. Some improvements should be effected in their house trade. He believed that there was sin article of domestic manufacture of which there was so large a • onsumption as our hardware. Looking . at the great I,,aies which had been sustained by the agriculturists. he 11.0 sin difficultly in discovering one cause of the depres cion of the iron manufactures. lie considered it, there fore, of importance that soutethiug should be done to a list the agrienlttirists, as that would no doubt effect a material improvement in the business of the manufactu rer,. The firmer dill not now get more for two bushels that he slid some time bark for one of corn ; and he was paying iu taxes the price of two bushels where be fore the price of one would have been sufficient. This was to support the payment of Isis interest with the fund liukietP, who, as he conceived, paid by no means in the same proportion. He was aware that it valid he very unpopular to propose the imposition of any new tax : inuieril, the proposition would be idle at present, for the country was not able to bear it; but it was his opinion, that if a tax, not an income, but bearing equally on ftsstsled and landed property, were levied, it would be a great relief to the farmer, as well as to the nsannfactn rer. He gave this, not as considering that it would be the wish of the petitioners, but as his own individual suggestion. Mr, CritiPEN, haring been requested to support the Flyer of this petition, could Out saw-It to pass without a few observations. The iron trade Wall a twit important branch of our manufactures; and from the skill and capital engaged in it, it was, he believed, Its likely than most others to he interfered with by t,•r..ign competition ; therefore, when he heard rom• ' 'lands of the depression under which they who were engaged in that trade laboured, he thought it a proof ut the great distress in whielt the country was involv rd. Some kind of cheering hope haul bergs held out, that an improvement had taken place in some branches. It was believed that the increase in our cotton-mann tactureA w.is a proof of this growing improvement. lf, htiweyer, that were to he looked upon as an improve vent, the workmen would, as on other occasions, line turned round and &mended an increase of w tzes ; but surely that hail not been the case. Ile Lisikeil upon that increase as the result of a specula from whila no general benefit to the country ‘i . tothl be derived. It was his fear that government 1,3,1 tint tak.ai the pains to make themselves acquainted uith the real state of the rountry. lie believed that great relict might be given to trade, sad he was mar- Ihised that any member should be of opinioa that the pr.-sp'rity of commerce and agricillttwe would not be benefited by the same means. Tile remedy which he thought would be an effectual one was this—a decrease ! of the interest to the fontlholtler. He said this was! the only remedy, and the present was the time when the questimi could be fairly met. The cheapness of toll was not u1411.r present eircomstanres a blessing to the country, fir it lessened the value of landed pro perty. He called then upon the Noble Lord, nut fur a committee chic' would surgest a partial moieties but a moray which should be found generally clrectael. He grotintred this upon the resluctioa which rash payon.nts would make in the value 4 landed property. lint he had also astotlior ground, enor:utnas amount of the poor-rates. Why, he would ask, when the value of !anti was thus swallowed J). taxation and poor.rates, might not the landholder as well give up his property altogether ?—(Hear.) Feder such circumstances he asked, had not the Laded propriet •r a ri ht to call upon the govnament tio that noief which ..you1:1 arise from an equallization o f the intrden ? What was the real property of the kiliftiont ? Mr. Uitt used to to ,k upon it as $6,000.00 4 01. a year, lint lie might now say it was not worth more t b 2 e 20,000,000/. At that time the pour-rates were lady 3 ,000,900/., they were now 0,1100,0001. Was 't this. then, a case which called for some legisia• t.Cr interference?—{Hear, bear,)—He had considered his iiuty to call the attention of the house to this ' l 9 Tortant select. If the Noble Lord (lListlereagh) 1041 ro ve th a t h e was in error in any of the state leett: be had made, he would how, and be happy to tii.d cleat tl:e case Was not so bad : but again he asked whelkr the intereat of the fnnholder, which was now twice the amount of t:.e value of tae land, shoithl not he eallrd to bear a fair pruportiou of the public bur `l' °' , • , and whether the v the (the lamnioliters) hail not 4 . right tc. expect a cutinuitte; to inquire into the snh- When he heard an Hon. Member propose al propeety-tax, he wished to that that the Cilia i' was it ' . 4 "tilltiatt to hear • ne, brit he asked the gentfensen - ! ".Issued property u seas their present situatius nut' "'act to rentv. Ile would mate how he himself 1 "" rieenwintasseed in this reapers lie 'had bre* fat of years engaged in agricultural pursuits. 4:1 !te ' tu n& 1 4v might say of himself, that he had :. never been comitidered a hard landlord: hut, rust with .4anding, he had almost all his Cum-lands offered to br given np to him. When very marry of leis tenants askod for a relltirtionof not less than 25 per cent, in the amount of their rents, he thought such an amount as that unreasonable, but he toll them to wait till holy next, and that then he would consent to let the lands he valued, and that they might take them for what they should he worth. Dill not this circnon stlnce prove the state in which I ondlords were placed, and the danger there was of the f.ir:neis of the country beitigobliged to throw back the farms on their hands I Prom such a state it might be seen how well able the country was to meet the prop ;shim of a pro perty tax. - kr. LITTLETON begged to explain that he had not reconintended a property tax. Mr. CURWEN proceeded.—lf not, his observa tions were only rendered the stronger by the admitted inapplicability of a property tax, and hr could there fore, with greater force, call upon the Noble Lord to say, whether, as one of his colleagoes had said, things would mend by mere enolurattee, and that " sufficient fur the day was the evil thereof."--(!dear.)—lle wont ask whether things were not obviously getting worse every day ?—(Hear, hear !)—I f the Noble Lord would go fairly into the inquiry, he would get his (Mr. Carwen's) cordial support. In the dreadful Situation of the country, it was the duty of every member, in mitst neimetty of all potty feelings, to support any !liens her, and to co-operate in uny tueasit:es, where any prospect of relief was presented.—(llear!) --Some members were afraid of Parliatortatary Itetorm—some of Catholic Bolancipx:ion t he was afraid only of the period when the great majority of the people would have nothing to do, and theretUre nothing to fear.— (Hear !)—What the most desperate only could roil. template in other cirearostaltcvs, moat moderate would look to, if things went on a at present, as the only resource. As ass agrien!thrist he asked nothing but what vottlil be founded sits thi: p r i nc ipl e —th a t what was done for agriculture shoahl Is i metit th e whole country.—(Bear!)—What he il.ired was not a par : tial relief. but such attention to the general situation of the (mmunity as should once ot.tre restore the Ecountry to that happy ntate whirls existed before the late ruinous wars.—(Near!)--:le had heard that great s t a t e s tna n, Mr. F o x, (root year to year, warn the HODS, 4 the pernicious tetoicticy of their course, and pre dict the ruin which- be (Mr. Carwen) feared was now At hand.—{!dear !) Air. W. PEEL said he believed that the trade of Bir mingham was in a most drplorraVe situation. KEA that a gnat number who lamd formerly lived in prosperity were 'suable to live without tote ail of parochial relief. —(Hear.) Mr. V. ROBINSON said, that however animas the supporters of the petiron might feel, he hoped the House would par.lon him for no: entering at length into the subjects intrthloterol on this nerasiots. He f-lt the more satisfied that it would heimproper for him to enter at length into the olkcotssion, when he fistful that one' of the mesas proposed by the petitioners, as calculated to revive the trade and mannttetnres of tlw coontrv. Wall the repeal of a tite.iNaire (tior rramtoption of the 1: 4 ;d8 Pavusests) which heal peen paoril only . two years ago.l Th . at measure lor had been Ica Agree.4o,le Malt kat shoa l 'he load 11%4-now alVer.var,l4. rpoto the follest enquiry and considera t i tttt he had beco•ne a mover to the stir.', anti he ron1:1 now sec no reano6;6 6.r ifety in ulna rating it.—(llear, hear.) —The re , soi!rrett which had heen alluded to by the lion. Cieillenria opposite was one of fearful consi.lrration.—(clear. hear.)—lt might be palatable to many. hut it would he pregnont with the utmost danger, forcibly, by an act of legislation, to reduce the rate of interrst .611 the National D e bt.— (Hear, Irear.)—Sort an emin,lictit uti2tt give truiporarc relict*, hunt it would create more evil ?loan could be rat. rotated. When they thought of the infi n ite e v il% o f breaking faith with the !intone creditor--(bear,)—they cool.' not view stick a prvi..i.t bait is itli Ow utmost pos sible alartn.—(llea:.)-11 the Ho., tili..r bron :: 1 1 1 farwar6l any motion tor l'etiliont.ot, without doing injury to Mini. C1.1.44V4. h.. (Mr. It.) Was most willing to give it his bre:* 3,ft.;‘,joil. Mr. A. HAKIM; concurred entirely in the observa tions of the Bight Ilea. lientleman respecting the sacred nature of puidie fait!). lie cool,' see no hones's or honour in u mea..ttre that would (..tint not a frond on the public creditor as the means of reliel.—(llear, hear.)—He did not impute to the lion Alember for Cumberland any intention, on dn. r-tieetion, of Fro posing such a measure. Butt nut only would such a measure be nwiust, hut it nits perfectly clear that it would not, after all, produce the betietit contemplated. —(Hear, curl, etnergow one principle of property coldd not be tatielt..d n itholit rutting every kind of property in hazard ; and therefore, if the Hon. Member for Cumberland could cirri- slid) a rtseasnre into effect, hr would ask hint what conld then he the velde of the parchment of his deeds i—(licar, hear.)—lf, then, the point of honour were renounce:t,l the measure would be resisted by the meaner au I oar-, rower principles of interest. Mr. CURWEN begged pardon for interrnpting his Hos. Friend, but he had quire mistaken He h a d I never suggested that public faith should be violated; if the country could, by possibility, keep faith with public credit.—(Bear, hear.) Mr. DAMN° proceeded. An Honourable member of the Honse (Mr. Ricardo) who hail paid great at tention to this snhject. lia.l proposed a rameral sarri fice of property a-. a means of relief t ) the rottn:r. Such projects he regarded as visionary, berause, how - seer plausible they might appear in theory, they seemed to him utterly impraetieable.—(ilear, hear, hear.)—He knew no other inability to prevent Lord ing faith with the creditor h•it the debtor Lavine paid all he had.--(Hear, heir, hear.)--!le had been so".i cited to attend to this petition ; but at the s tote time, he considered the Petition as bringing under the consisletation of the llonse the ge:tz•ral distress of the minter, more than the panic:liar ilist.ess of the town of Birmingham. The P.tition, he was sorry to ear, was applicable to the general state of the c.uu :- try; and certainly no part of the aonsumnity was more distressed than those engaged in agricalturc.— (Hear, lienr.)--1 his he knew fro:n v..refoil oheerva. lion, sad his 'lbsen ations were cwiti• meet by lii. men experience. It was Angular, that u r ii•;:re now in our sixth year of prate, without nue ..f the grra: in ter.-sts being in a tented state, a: d Wit),Clut an y thing like prosperity, except in the +i,,•4 . 411 fr..at the Throne.—(Hear.) —flow was it Ilia; thittes west us this s t a t e i ll the sixth •.‘ NIP of reace The etfeuts of the trisit4itia. from Wilt tn peace had snlisided yet every branch of trade. 34.1 litanilf4rtilre, and a zri ettlture was c.irrirsi uii At .6 1..115. a t•I mo ie tell 1 441 re thi state of tli;nis r.,:ald 7/7// / 'PAVAN. : • . -- .~. - , _ . Bat with every disposition to agree with his Honourable nude goat an equal depression. He seemed to tittle t friend (Mr. Corwen), in meoperetino with Ministers in that with a quarter of corn be could new purchase any inquiry or measure to relieve the distresses of the the same quantity of other cetnnitelities Which he country, he most routplain that the speech of the Right could have obtained with it when cern was at soe. t• . lionmeeehle *headman (11r. Robinson) had not given any alms of ipformation upon the subjert. He (Mr. and that the reduction of prices was therefore general Batioge had no hesitation in waking up his mind re- and equal. Now this *presentation, be (Mr. Ricardo) specifies a great part oldie difficulty and ilistress of the t apprehended was erroneous. He could not agree that countija A very considerable peril of the distress, lie' pri c es had ( a li e n g e nerally iu the same properties. • was contented, arose from the nature of the currency.— in corn had been severe 'lle be (Hear,hear.)—He did taut mean to soy that we oughts believed that the f .:1 thereore trereturn to unlimited yoisal measure, whilst there had been nd fall with ra. paper currency ; he only I wished to call attention to the danger of a depertere from gaol to many other articles, or at any rate no fall in a proper stanclard. That departure had randoulnecler pro- the least degree similar, or that could be readily traced duced extravagance in the public expenditure, for which .to a similar cense. if the prices of billion were re we were now suffering so severely, anal increased the i ferret' toot former periods, it would be seen that the turn to the right stimulant extremely pablic debt to an amount so enormous as to make a tr. t D e i c e of hadaltered 1 corn to t re amount of VS per cost. ditficult. Yet li e 1 I . le was surprised to find his Hon. Friend making 4 was of opinion that the produce of the soil was not of i statement from which, if correct, it must he inferred much ales* value now, n hen the ipterter of wheat was sole for &Wailes:es. than it had been when the price was that the distresses legan at the moment when the last 130. It was less islatively to nominal pound% sterling ; change in the currency took place. Now if 14 looked but a gustier of corn would now buy as much cloth, or bale( to the price of bullion in the donrishing year of a% mach iron, as when it sold for SUe.—(Hear, hear.)— frontal If they supposed a men to hare had no &lit ISIS. and compared it with the prevent price, it ould , and to have be seen that the difference did not exceed 6or 7 per now an income of 611/. instead oft4o/.,be was in the sante re- „. - „„, e To this retreat other prices might have since Wive situation. But unfortenstely many farmers who,heve " tint small mow of capital bed been induced, by the rise been affected, anal be had no doubt, though without in the prices ef corn, totake farms un.lerenortgages f•r a the means of ascertaining the fact, that there had large pottliso of tire price. In consequence of having beep a considerable redaction 4 prices in other coun thus tasispereel filth the currency, cranny honest farmers tripe. tient lad fallen here, and so had cotton goods. r - had - not only lost all their property, bat were hut he believed that falbyas not more than equal so drat throned' in gaol. —eloond tries uf liez e l4epe,„l 444,1 ÷... _. eat parts of Swope. In the '1 ! ho bad thugs otewaiatial a serious oeiriecnte to 1 611 a malty the most meritorious class of persons in the ?ear ''''' the 'e t of gold was at 41. an ouece. la the constosalti. With all oar experience of the evils of an following year it *as 4 1 . and 6d. lo INIB bullion unliinke4 eurreerty, we should not be two rears engaged still did not rise above 41. Its. sad 41. 3s. and in the in war wlthout iecurriag to the tame system. It leas e Per 1810, when the plan which be had the howler tit therefore of the highest iuspnrtanee to consider well the recommend was adopted b y the House. it was at 4/. h. real causes of the evils to which it was new so ilitticalt Ti to apply 'remedy. The right Hnn. I ;entlent.an impose", was question then byline the House was, whether it was advisable to return to the old standard, or to take he meant the t bencetlor of the Rea hespier, seemed to he the existing market rate, weiell was then about 4 per very mach panted to reconcile the diminution of revenue with the(knereased rommseption of eeeisealsle articles. rent. alenve that shamble] as the measure of value in For his .Ir. Barinea) part, he saw no difficulty a t e ll future ; lint his Hun. Friend hail argued on this sat in tile. apparent contredirtion. -The landholder, and jilt as if bullion bad been at that time, as it formerly all woo had fixed incomes, footle that every 100/. would now go as fa: as 130/. formerly. lie (Mr. It aisle) was, at 3!. or 5/. 104. an onnee. If instead of beine at 41. le.. bullion had been much higher, lie idiot:l4 thought, therefore, that the inter-islet conniteption of exeiseahle articles was entirely on the part of those %Om not have proposed a recurrence to the Mint standard. hat fixed iuconees.—llear, hear ) In the rouse of tle i What lie was anxione about WAY not to restore the oil, last year the asse sses taxes hail increase Ito a certain ; but to petalled, a fixer! standard a fete however desirable aliment. This was to he accoandiel for on Cie sale. grin- 'it might be ton body of merelairets or bankers to itossess ciple. "Lowy who had kept only twat horses. fin. inverter, 1 the power of raisin, or lewerisig a 4th or sth the valise were now able to keep three Yet the r••+0,111: WI the of the currency, and to make 31. 17e. WO at one time excise department could not ii properly %eel to ,1..,.,1 5.1:1;.I. the l e inivatent to 5 ;anther/., at either it 1%11.: a power &strut:- hors increased to the amount tire of every engagement, anti finally ruinous to tur& sow texts Lail ramie into opereien within tee pel rim! alio:led ire--(lira. , T hear.) he weaile difference interest.—((lent, Itear,)-els lie had alreedy said, he • was 'bowfin* fully accounteal for he tee inere a sed p r i o , was net :waives to reetere the old standard 1 bat the in consequence of the new taxes, and the eicreesed eon. mail:et price of bullion being then only 4/. Is., he did *metiers on the part of those who heal tieei it-amines. (Ilene hear.)-1n order tu be tally a.•ievinced of the et not think it neressery to deviate from the afteieet orrectness of this view, they need wee look to Indeed. I idarul. What increas e d his surmise at the view r . 1% 1 4 :iell his lion. Friemi hail taken it tracing all There few spent fixed incomes. anal there the excise re venee hail decreased ; for in the rear reeling. Jetaitarv. our distress to a variation in the currency was, lien, it had been 1,7110,000 e In the y ear a - ti ei ng j a . i that when a few years back we had so weary, 1521, it was only 1.361,1N101. Ile meant not tu tench greater varielicies,eele lead an such distress. cast any odium on particular classes as drones in Mt- The Honourable Alcatel.* for Cumberland (Mr. Cur eiety ; he would only illustrate Isis argument. The en- wen), as well as the Honourable elenaber for Stafford.- joement of the drone in society had increased, while . . is, re ( Ilr I ittleteii) had talked of the extreme pees thing c ell with aericulture anal coin:niece 4 '-' ' - a ' sure of taxes on agriculture, as if they were retold in wasliminisliesi in solue.— ( Bear, —ltis main &o iled in makingehose observation, was to accertain our that respect to be prime*: ly ' burdens:line. The stock . °shies. The object for the house was 'Lyn:wider . the light= teleseleacriletd as. Laisee smistrarwldwardWP 44 s* -- dFtworthe et - Merry—(scar, hear)—to ronsicler these effects, lett it eadald - net be ilitereat.w spew that is !list it had been in former times, how it had increased all taxee tell upon the consumers of those commodities r the increase of our hardline, and how it had increased n, which they Were mewed; ; and if this were not the by Hie changes in the currency. He was nut one who %tenth! starve the great officers of government ; bait there rase, he did nut see what right the landowner had to was a great deal to retrench in the expenalitere ask fur protection. He could demonstrate, if it were of the country without reference to those reev e ., necessary, that taxes always raise , ' the price of that coon- The lionse would, he felt assured, enter on stela etahjects moiety on which they were laid, and therefore fell un the with temper and consideration ; tie was not apnrehen. consumer. lie would now offer a few remarks on what had sire film any measure would be rashly adopted by throat. been thrown out as to the restoration of two metals as a Holding to public faith, as he he l ical they wonld do, anal standard. it give him pain to liter any allusions made to to the cerrency, as he hoped they would beehle toil°, they the siteject of not paying the ;meth; creditor, and to find would devise such alleviations as the state of the roue- that they met with tlie reception which they did in try required, and the interests of all classes wie l lil e e• some quarters. If, inleee, the alividend was to be re - nut. lie tlionelit it right also here to remark, however Jawed, he trusted that it wonla be done openly, and that 1;11'114.34am the statement might be tn gentlemen of large H.) %teat:agent or ileluseo weed(' be practised. With re landed property, that the rents which had existed h e . I gar! to the plan of his tionintrable Friend, he seas sor fore could not be expected to exist longer. It was vain, ry that he could not approve of it, recesumenaling as it iii tats eto imagine that fanners couial possibly support did a different sem lard from that fixed in 1619. No those Teets ; anal it appeared also that the prices of eorn currency coultl In- oldie same talus perpetaally any more were at this satement as high as ever they hail been, c am . than other articles could always retell) the 'awe price.— pared with tee priers of other commodities. Ile would Dotal bullion, however, was the rotammtlity which to now very shortly advert to the measures which he slime.' be disposee to recommend in a committer. Ile would ' debtor tat tied the least ; heat it might wait the purpose of the . . t i s:t e doing , valu of tehcere two d i- . willingly give all that permanency to the currency eel tor would P s:i v st i a t ii l t 9 ; i l l o v s ' s r . ' m-m i l l i s i e tst re b L . now esta blished, air in a course of being es t a bli s hed, metals had tiered eitice that act of Parliament, but what which was requisite to the security of the phi* ere. 1 w eriea s the cause of that vtioli :'—lt —lt was this : the !lank ditor ; has his persuasion was, that ity per the had taleen alarm, and had made great and unnecessary system of the linnourable Member (Mr. Ricardo) with 1 purchases of gold, altiemeli they foaled by experience that a temparary relaxation, the present difficulty might b e Ino person applied to them for any. lie almost doubted meteriellv lessened ; and that another oho-hens me e l a o fl whether a single bar lied been demanded from them relief anal increased fecility would he to enable the Bank I since the coinmeneement o f the new l e en , th e en ti re ty to pay its notes either in severer gold, at its own option. ' agreell iwall that hail been said with regard to the re- : At present great uncertainty prevailed, particularly I tretichnient in our expenaliture being tin' great and prin- . among. the cametry hanhere, as to What was intended,' cipal, if nut the o.ale suave:• of relief. The Coamuitteo anal %% leather l'ei existing semen, was to be ma intained ' would, he olonitteal not, without any preconceived or to the lest. This uneertaintv was increased, anal great I particular views, inquire whether the present system of immediate inconvenience etistainee, by the state of the restrictions on trade was advatitaereens to the cointry.— Irish Bank, whose paper was now three per rent. above Ile should only ails!, wee respect to the rents of land, the par value. The whole subject would, he trustee, be that no interests could be more distinct than those of billy investigated in the committee, the owners and occupiers; yet it did li Appel that the latter m t , usEsTERN expressed h i s tr ee s that a Com- were persiteiled to Petitien t h at House fur regulations whirl: might hr beneficiel to one class but moist iujuri mime !should be appointed To incitere whether the ons to theinseives, allegations set forth in the petition could he proved. 11r. PEARSE said a few words which we could not Such an inquiry was indispensable, when it was stated di st i nct l y h ear i n t h e ;em ery. the consumption of articles of primary neerssity had Mr. Alderman IllelllATE denied that the distress fallen off to the extent of one-thirst. It was important to bear in mind that the years lel7 anal lel e, tee was confined to the grower , of corn. It was felt in the proalaction of all articles. et exten led toucher countries. last of our agricultural prosperity, were those in 1 1 b e lino Abler-mei alluded to the passing of Mr. - Peel's which a great improvement also took place its our Bill, which, he contencied, had produced all those evil mannfecturce. This would serve to prove the union effects, of which he, in conjunction with a few others. of all our great interests; and ;although be thonelit had forewarned the House. The lit et. the bill' iso that aerieultnre insist tem the lead, it was not per- "`'"tendril, °ll F ldt ' i I ' 4 " ; li r, ' " a . 1311 te) add ' 3 7 third to the national d e n t ; to awl. in t he mme proportion, to Steps or now a importance to inquire the precise origin of the impreneteent. With regard to what load been all fixed homilies ;and tie indarset an equal amount from all the resources of -owe:teem capital and industry."— mill am tee sueject of rents, he apprelrenaled that any A. to the noted; which leel +leen suggested by reds - tint session of th at kind could only affect the occupier and the interest on the ;able. deist, it appeared to hien ob. landhadaler, the innate:hate partieseand could sot puts- jectionable both in justice end police. Byrn while Pare allay extend its couseqnences to the general state of iminent should he &Moroi. g on such a meesare, an immense portion of capital now • vestedio the funds tee country. ' would be transferred to miller countries, never to return. Mr. RICARDO, after a pause occasioned by an ac- Still, however, es lie mielit ilimppreve of the I. to ace lie cident which at that moment happened to Heuer*) 51 Id pew* I drone he armed advise its eeposti..-The that if the bonne. petition was then bronght up, Pakeulieui, proceeded to observe, would inchilee bi le a fe w m i nn e e e, he shoul' be d e . Mr. BARIN4I, oe the question that it boreal), Melted Atoms toeitake one or two allusions to what had fallen I to refer very shortly to the observation% of his HAL #rista Isis Ifou. Friend below (Mr. Baring.) The great I te lr as ie p t o l l ary M (vriolitaieci:liei"sli.6) He attached no implertarete to joint to weicla his Hon. Frieue had addresmed himself ! The g rea t the valise of [kJ pretests' metal, ' aim* was iti:aa tagastlres were tekee !el WAS the origin ofthe prevailiog clistress. By some person.. toeing a paper circulation.. Vold wet flies drieen oee : this WAS aserieeal to taxation, by others to restrictive* . of the contort, and the ilepreeiation of peer av to r ,.,. , t on trade, sae het his Pon. Friend or an alteration in the' owl other commodities, seas toromponied by a dared careensw, which lie seemed indef., tc consider asalmoie tieleiliPeeelti ee "Veiled cOßlMlNlitlas abroad. 1 e op. the exclusive cause. With this Om he (Ur. Bethel litritAlas ler upon inquiry it evade be seen that tee 11411 hal entered In t o a cote pewee wax 'choral, that it exsendedeto rode. to wool. parison of the prices of earn ! of • to cotton, to la iralwere. This fact Was in smile degree at variont peried*, 41).1 he stattil the fall F.) toe Irs al itis 'eut ' srel by a eerier.: all eircuinstaneee, and by the balk about et/ to 6 et. inferring that other articles bad ' which people aeietiriad of paying the same saleriv, the ._ . - • z• r . P. 1 0 .!! . `,. J t.►. . k !..- 1 . . 1 0 0 , r-' I f , II 44.