The Statesman. — London, England, 1818-04-21 00:00:00

-- ws• • 7 • - - , - annihilate all Notes of Country Banks above 61. this plan must answer their purpose; for no man would he willing to repose inch confidence in a stig matised Bank, as to take any other Notes than those founded on the security prescribed by Par 7 liament. No man could fail to see that this plin had solely in view to forward the interests of the Beek of England, to which the *bole counteri was to be secrificed. He had heard of its having silver being 44. lehmelqe mime ttertuttrittes; heen eirmeseliare or other said, with respect to • pro. whole of the silver Vieidd ditsiiiireirlilies madders). posed plan, detailed _its the Newspapers, of Wang liatisatila was• - fie Stock. notes, that it was impossible for any man who silver currency. is general circhlatianW it vadrifent teflected a inofilfte 44 _the subject, to _countenance Mackin( towbar it ought to have been. The them in the smallest degree. The Noble Earl (if we coin id circehdies were positively so many coasters. Understood him correctly) *Waved, that ' this Plea II tie Bank Directrirs had really seriously conies,- would be infinitely preferable to subjecting Country •plited payment in cash, their conduct would have Bathers to this sort of indignity—to (Alin this Weis very different from what itreallf was. It wee stigma on them. There was no Stockholder who Impossible, under the present Mint Regulations, that chose to take out a licence, by paying thirty pounds, the Bank could make payments in cash. They could who would not prefer Steck-Dotes to the proposed not go on—they most 'top payment. This most be systeM of deposit, for on those Notes he would be evident from a condideration of the state of exchanges receiving interest from Government, and intervit ,between this and other countries down to the end of 'from the Public, and thus making double profit, December last. whereas in the other case, he could only receive He would take the exchanges with Paris, from from the Public; it was necessary to deposit 1601. in their being the most steady. Taking, then, the Stock to issue lOW. lit Notes. Much as hedisapproved number of grains of pure gold in the guinea, the of the present state of nor Currency, the remedy number of grains of pore silver in the silver issued now proposed by Government was of so suspicious a under the old, and the silver issued ender the new nature, that it was the imperious duty of their Lord. standard, and the number of grains of pure gold in ships to hesitate before giving it the sanction of their the coin issued under the late Regulations of the approbation. They ought not to make this great Mint, be had enquired what was the silver par of ex ebange in the cornsy of the country, without at change, end what was the sum in French gold cola least carefully enquiring before band into the subject. that contained accurately the same number of grits • Every One of their Lordships most know the result of pore gold that was contained in oar Sovereign. of the determination of the Hank of England to pay The result of this enquiry was, that he found the in cash all the 21. and 11. Notes issued before Jan., silver par of cubing', that is, the quantity Of , ' 1817. He would ask if the circelation of a canatry French coin that *obtained accurately the same nem could be said to be is a salutary s tat e , w hoa sipeee bet of grains of pere silver that was contained in the Notes were sold at a premium of two per reet.?— *mown of our new silver coin, which was equal to a 'Was that a situation of the Bank of England paper, Sovereign, was 23 francs 16 cents. On the other in which Parliament ought to refuse all enquiry 1— band the sum of French money that contained the How came it that these ;Notes wer e a t a prem i en o f same umber of grains that was contained in our So- Ittio per cent. ?—lt was from no-other other &cent- vereign was 25 francs 21 Cents. In December last "stance than this. that these Notes were payable hi the exchanges witb Paris stood at 24 francs 40 cents. gold on demand. For these Notes the Bank ad. and as the par of gold was 25 francs 21 cents, it was •venced two and a half millions in gold ; and whet evident that no person would take 24 francs. 40cents. had become of these two and a half millions ?—They she rot Sovereign could get 254'francs 21 cents.— bad vanished from circulation—and he believed there The difference made a pendant u 0 31. 41. sd. on the was not one of their Lordships who did not in his con- exportation of our gold coin. On the other hand science believe that they hadoot also vanished from the there was a still greater profit on the importation in. country. The Noble Lord opposite (Liverpool) and to this country of silver. Twenty-three francs 16 himself, were both agreed that in • salutary state of cents. were sufficient to get all the silver in the pound the circulation of ta country, paper should go to the sterling, instead of 24 francs 40 cents. The premium whole event that paper would voluntarily go, car- on importing silver amounted therefore to 51. 3s. 3d. • need by th 6 circumstance of being liable to be paid sterling per cent. The whole profit, therefore, to on demand. What was the nature of the paper cir. be received in taking gold out of the country, and culotion, which it was intended that we should have ? importingsilver into the country, was in all 81.71.8 d. ft was inteded that we should , have four descriptions per cent. To this doctrine he knew it might be ob. hf paper. A Bonk of England Paper, for which the jested, that he had overlooked ell the criminal laws Directors of the Bank hail made themselves liable to prohibiting the eaportatiou of the coin of the realm, pay cash on demand. A Bank of England Paper, and. the importation of money as the coin of the . not liable to be paid on demand. A paper circulating realm, which was not in reality such. Bet where, On the security of deposits of Stock and &de- the interest of mankind was concerned it was ridia quer Bills: • and a paper circulating without any coleus to take into consideration the o ption of the' security. Such a circulation as this it was re- law, particelarly in cases where detection was almost served for the Noble Lord and his colleagues impossible. There was hardly any thing which could to invent: It was obvious that a paper of four dif- be more like than the silver coin manufactured on the ferent descriptions of character, must differ also in other side of the wirer was to the silver coin of our Wee. Bet there was no man who knew any thing own Mint. Till such time as we corrected our moue of she subject that did not know that a paper of four tart' system, this state of things would go no, The dif f erent qualities and four different values, could conduct of the Bank proved to him that therfnever bbl circulate together in the same country. If any seriously meant to pay in cash, because there were east doUbted the troth of this proposition, the facts among the Bank Directors men too well acquainted Stated iu the work of the father of the Noble Lord with affairs of this nature, not to know what would apposite would remove his doubts. But the Noble be the effect of a return to cash payments under the Earl opposite, instead of proposing a paper circula- present system. If they really had contemplated a don as corrected by. liability to he paid in cash, had return to cash payment', they would have come iistroduced a paper circulation hf a description en- forward and have demanded a repeal,of the existing tirely new, and had adopted a system of manage law with respect to our coinage. If our sliver for. svhith would resider a return to cash payments ins- merle, from being 4d. in value above the guinea, dies possible. The Noble Lord had carried on his coin. appeased from circulation, how was it possible that age, not on the old system, bet en an entirely new phi of 104 d. in value above silver should remain in system of his own—a system entirely in opposition rirc .irirson ?He (lid not desire them to believe these to the opinions of Locke, Hurls, end every aloha. things on his authority ; he desired them to reflect en illy of credit. He took the liberty of telling the the authorities which he had cited ; to reflect on the Noble Lord some time ago that the system on which situation of the country. The Noble Lord opposite he Ins proceeding was wrong from the foundation, hail acknowledged that a paper circulation was in a and teat as long as two metals were allowed to to a salutary state when its value was fixed by being pay standard, we could not have • correct monetary sys. able on demand. But nothing could be done, while tem, as the value of the metals charged with respect our coinage remained on its present footing—while to each other. He had recommended to the Noble we had a gold coin without a Seigniorage, and a ail- Lord, that as silver was the standard which was ver coin with a Seigniorage, a gold coin 10fd. more Adopted_ in every country of Europe but this, silver valuable than the silver coin of real value; while we ought also to be adopted es a standard by us. But, had 'a silver toils at 6a. Bd. the ounce, and another at according to the Noble Lord, it was necessary that 71. 3d. the ounce; when, in short, every thing in we should have a more valuable standard, because nor monetary system was in a most aloodutary state, (though silver bight answer well enough for nations They had pledged themselves that the Bank should of which the transactions were more limited) it pay in cash in one year, and they hail broken this would not suit with the magnitude of the transactions solemn pledge. Surely, under such circumstances, oT this country. Bet the reasoniag of the Noble they isles hound to go into a full enquiry into Ibis Lord was not less absurd, than if he had said, that be- subject, which was of so match importonie to * c'ause we were the greatest manufacturing country interests of thp country. The Noble Eatl coucleded in bane), it was necessary that we should have • with moving the. uppelitesset ei 4 Coleleitter, yard 'Mended beyond ths(of StAter nations, in pro- eequire into Ws present state of the Metallicand portion to the . quantity of sanuf•ctures. Coin Paper Currency of , the United4(ingdoin. was advantageous to • censalry, as it acted as a The Earl of LIVERPOOL, swith all reasonable moistere of sable; and the cheaper the instrument deference faith* judgment of the Noble FAT!, oil a by which that purpose could be effected, the greater sibject to which he bad devoted so much labour, the idnatage to a country. Heioateoded that the oast still say, that he thought his reasonings far greater the riches of a country wee, the rnon undoes, froge•conclasive. He bad heard the Noble Earl be it ought to be to have "sir as a standard. I. Mies- , • It ie_with a mission of doubts, but follow up this • pace to gold. They would have a circulation ha the aratirse, with a speech as replete with dogmatism greatest state of perfection, when as much as posit- as any be had ever heard.—[Hear !]—He (Lord L.) hie of it was paper that was corrected is vales by a 'agreed filly with the Noble Earl, that the best curs Metallic Cerreucy—Whether that Metallic Currency many was apaper currency, payable on demand in w ee of a high orlowvaleedlnetal,the 'effect oaths pa. specie ; . add whatever iesinostions to the contrary per was the same, as they'eqeally gave a certainty to usi#t have fallen from the Noble Earl (certainly in the value of the paper. The greatest possible en- a forlibitenterY confidently, way) he asserted most touragegnent ought to be given to tiwit metal by which 'anti be soled appealto those who knew his opinions, the circulation citadel be asodected in the cheapest hi s inmost thoug hts On the subject, that no onslooked wanner possible. Was it sloe more troeblesosne to more enxioslythan himself to the resumption of Make payments iu•srleer theta in geld, and did not cash, mown; 'bat be agreed to dm measure of this Additional trouble give I g rea t er encouragement Restriction with a strong feeling of regret for its as. to' paper ? When they siw the 2,500,0001. issued its easily. He should not then enter into the question Sovereigns by, the Bank dinkiest from the coita of one standard metal, which the Noble Earl had of what advantage could it b e to dm People that the agitated in the coil's of. his speech • be (Lord L.) staedard was changed from a lo w e r . toa higher 'metal? had no reasons oto eller the opinion given by him on It appeared that four species of paper were to dna- the subject three yeses ago. Gold was at all times a • latoin the same period. It might be peeper to coos standard itt fact, sad was imperceptibly made , side! what we l l the situation of our Metallic Cur- s t an d ar d i n l aw . The one was as liable to escorts. rfncy. We had a gold coin entirely without a Seig. tiou es thoother, with only this difference—that oil eiersee—Wsliver coin for the first time for centuries ' ver was exported in bullies. and gold in coin. No with a Seigniorage. We had till the sth July a silver one timid feel, or should feel, more respect than him currency at 6s. Bd. the ounce; and we bad in Ireland self, for theAutbority of that respectable person (the a silver currency at 7s. 3(1. ass ounce. Oar currency ' lati Lord Lirertool), sad be knew it to have been his THE STATFSMAN. therefore consisted of paper of four descriptions, - of three different species of silver, with a Seigniorage, and of gold without .).Se3gwiosage. -The - Afferent*, hetsienn twO itssereigtlis Snd silvet of lbw snmk sioailnil issOunr, io the ne* colt Ige, 'Was ten.' pent l'athi.sig. Sir illaaVt gat,* it as hirWpit °ion, that from the relation which the sew slim opinion, that so far from ramoiing Mint regelatians, They were abselotely necessary, for the porpose of pre l itettivi viatrat shooks to 't eir Pipet currency.— He *Gold next observe, that the' ejrsteis of Country BaillEr;"41. for poroe 'rare ,post, c.WW loiWy for riformition. There wee a (61 which do. isandod isperstivei the att•ntioo of !Olio' 101:41.01.111% ( 11 :, f."*:,'..YeersAbY,,isiti.. hundred had bees eiresdy sweptTrois tie face of the country. The coneeteeot z• - eraisTerrilti4oeil wieleFattiff infellff - trardiffrefitii: • Ihllliettleft‘bittlillnil,itottitteei, bf such a great pro , nildstot evil, it was satisfactoty to - knew Mat tbestitir source of plight break retaliate' stable and impala luted. It was necessary then, that the prettl system of Country Banks should be conside ;,, Their ruin sits likely to bring ruin on thotio sands if a change war not effected. He referred to tin; 'Condition of Seethed with respect tallish.; and dwelt open the system which penned the* with much commendation. He could not lee the force of the Noble :Lord's objections againathe pee.. posed resolution of country paper currency. Upon what principle was seek currency established at all I Why were Baok:ootes taken, because a credit.was entertained of thew who booed Ahem / Would not the Banker, then, who bad previously deposited a se curity for bid engagements, stand upon higher credit than he who deposited nowt ? Ue had yet to state,' for the consideration of their Lordships, that is the great commercial Comity of Lancaster, there was not one Country Bank-Rote to be found in circula tion. The interest of the county was far from being diminished thereby ; oo the contrary, its prosperity was a proof that the seine system. adopted throogh , out the wintry, would be attended with favourable results. He reverted to the present condition of the National Bank, and dwelt on a few observations that had fallen from the Noble Lord. Ho would repeat that he knew nothing in the foreign relations of this country, or in its internal state, that induced liim to take the part be did in the question before their Lordships. He was enabled to stale, that the Bank might have reamed its payments last year, even though the advances 'to Government had been as great as they were in the present year. He con tended that the issue of two millions sterling within the last six months was an inadequate reason for the unfavourable change that had occurred in exchanges. Until the French financial operations had taken of. few, the exchanges were in favour of this courier', ,The reduction of paper currency, in his view, wee not likely to be instrumental in reversing the preload condition of the exchanges. Although an advocate `for the resumption of cask payments by the Bank, he woukd lay, that the present ells sot the moment for its execution. It was because he was somanclooe for cash payments, that he woeld wish it lobe done at a proper occasion. Their Lordship, however, here. after, would he better informed on the 'object, when the intended Bill came under the vonaideratioa of the House. His Lordship concluded by opposing the motion. • The Marquis of LANSDOWNE sopported theme. lion. The Noble Earl had referred to two parts of the Financial projects—the Bank Restriction and the Country Banks Security. The arguments he had urged, in favour of the Restriction, were in them selves so many inducements to enquiry. Loans write only to be considered in the nature of investments, and could not prevent a country fromearrying on its own circulation, if otherwise in a state to do so.— The examples of Genoa, of Holland, and of England herself, in former periods of her history, were proofs of this fact. They all afforded large loans to other nations, without experiencing that want of coin cit.. dilation which the Noble Earl wield represent as the consequence of such undertakings. Even the removal of great families out of the country, whether for par. poses of business, of pleasure, or of luxury, could Dot have the least effect on the monetary 'memo The me of Ireland was an example. Though the number of her absentees was great, yet even at its greatest height the quantity of specie In the country was considerable. He would ask, had not the Bank extended its issues, was the( with a view to the resumption? It had been said, but he could not pledge himself to the fact, that the Bank had, with a laudable anxiety to aecom. plish this object, purchased gold from the Continent to the amount of 15 millions, and lodged it in their coffers. Both these operations were injudicious. By increasing the issee of paper they caused it to over flow, and by withdrawing the precious metals from the Continent, they created a demand in that direc gen. His Lordship proceeded at some length to no tice the great increase of forgeries since the passing of the Restriction Act, and recommended strongly an attention to some improvement in the manofectere 'of Notes, which might render their imitation more difficult. lie concluded with expressing Ms deter. mination, if the present system was persevered in, to introduce some measure imposing es the Bank the necessity of taking such a precaution. The Earl of HARROWBY opposed the motion Chiefly on the ground that Government did not In. Seed to make the present system permanent. Lord SI DMOUTH, after alluding to that part of 'the speech of the Noble Marquis (Lansdown) which referred to the executions. for forgery, read a state. • ment to the Hoare, from which it appeared that the ' whole number of persons executed last year on the 'Prosecution of the Bank of England and the Coon *" Banks, amounted to seven; that in the 12 years which preceded the Bank Restriction Act, four per sons were prosecuted for forgery by the Bank of England, and 808 for coining; and that in the 21 years since the Restriction, 3099 were prosecuted for coining, and 998 for forgeries. The Marquis of LANSDOWN wished to know whether the Act included persona tried for having in their possession forged Notes, knowing them to be forged ? Lord SIDMOUTH replied, that it included all persons charged with forging, uttering, and possess ing. The Motion wee negatived without a division, affair which the House adjourned. HOUSE OF COMMONS. An Account was lamented of the Sovereigns and Half Soy.- reit,' hoed nom .i:e Mini. General THORNTON rive nailer of it Molina for an An- ' 1 eosin af the several Grams to the British Museum, mad of t..eir ay&liration. r. Alderman WOOD presented is Petitio., from Bishops irde na m oo,r the Poor and Parish tilesitle-' Bilk. Odes pie‘eir a hope, chat ttt , least tbc City of Lunduo would be eic•ptcti from these —of which world be Litre , pi UV i4' /I b le. A Peiiiiiin against the Nit/lie: 801 l was preso ted k ara Sepale.ire's. • • air N. COLT HU RST pretested i Petition Ave th e : holden of ior City of (Grk lbg Illi nil the Wit d ue 'fa,. Mr. GURNEY ',resented a Peti—iii from x 4r. pi A _ against the claims rof Elevee Copies of ..e.-rs Work by th,C, err-itila. ar. ('moral HART prevented a Petition fora Comnotitisi T the - from Donegnl.—Ordered to Ikon she Ahle rf Mr. MARSH powspoised kis imusion eel icing io i h,. N ehai — Areut, to toe tit it 111.1ffill. P.AlLlJULViactiummailzentu-,. . . ..,_ ....t. oxiiniUTT7l - 1111 - 1111.R11 ;11./1.,../ithas ib.• . 11..dorbolders of S. Leonard's. Stm,e4iteii nabs., ',— Laws' Bill, mud I tie Para Vestries' EV; „Li m . . i .....__ 1 •r Aor iis lib tiplailia, "gra 4 - .714-iii.ess to ilia st si I Is. i - - --.-''lp l e il... .411 a Bill 4 10 Me ippon meat oft erosisaeol Cliairtgu rs sg - '" B 'r lowlag.• asmshir afirioes its provisoes', t ets.gesi - 1 - ilk. ;irlssitille at Seleet lfestrie..thkter th.. kr eair ,',...l ii,k"l kg happen. that a slag% perms miglit lane ilk 4, 1 % voles of die parish.. Is it paiish of Me Metros ' sham. one great firewhoese, a bee, woad knee a did deZ" majority at voted. As tea the other Mi. be ' owl degre, 1 5,.. dilkokies aimed be get ever, se Sisal telly Wiwi.* of t Me horde* of the faits on Sac owner. *admit iv she of booties , whicts had ti,esi sverissfallteturesisolli s SI, Birmaigliiis 6 es sell os lathes (Lieu-. tehle*li ore is 6i i " she power of taking away issid sloop•itlasg of eliiig roui6l 6 - 4 li e pureon applied compile lea relid. 'The Pearl' was or4red to be *a the table. The Report of the Riti•ogil Cenuaiiteli was Maggio ah 1 , Mr. P: NI oo a b., aid ordered t Ale prilled. - r•f • A Resorts was_ promoted or the loonies efthe Loyal Dth,. P-e7soter. MctiNvNictiedNafirr°Cllel64.lldierl'itrilli.ikearegilialiDdilariaailnUilleTelkuififiGi4 Basik.-oriteeed. The ATTORNEY-GENERA L sae* mike et a pa h peel the Law of Trinib% iktile.-01• ern a, WAYS AND fiIEANs. • The CHANCELLOR of die EXCHEQUER h•ivism od the Order of she Day. f o r a Commute' /4 Way, anti g om ."- Lord STANLEY took occasion to observe, nits 'chu b; tones Regulation VIII. is duty of lb , . Or cral. *as i , pit all goods ex .oriad. Ile wished to loom whether aassgri.-r -thm was mot to Ithaimide is ea VOW of CiP too v. , thhoi • The CHA NC LOR ..f the LECH Elati I.R 14%4. em , flute were sande to the 4.11, or that to t...s said ..II area, ,14 previsasly were not undeet to the dins A Ado be es. wow Sir H. PEEL wasted, that en Merida) Neat die Woe. me t * at 11114‘111 111.1 r ever epees the retold/retie' et tee ,Com is Fano*. Labou r Bill. BUDGET. The Speaker having kit the Chair.— The CHANCELLOR of the e ay Pu th. blic c an u cl id iLls thl id i esfs e , EXCIIEQWOI I after a few prefatory observations on the istportsage rit his b fi r n in a g n i c n ia g i p o l l , a a be ith iw es ee t n d l e h l l a. Mhoa , twat the tertiary( the heroin had .here fogy arranged, and nearly completed. Between' 7"still 800,0001. were all that remained to he &towline!. But the measure being in seek a staters( foraatth ess , he thought It was not emproperinlim to tali apneas House that day for their approbation of i i.os esat h e .Ilel offered. The House might expose ftearlibt 11111111 kind of general 5 tate.", 'of the l eem i l it operations of the year; its dolog-erfilch, hum mer ! ) was sensible be lay under some disadvantages, as conspired with what be might 'have been etrabkd* state at a later date. But other occasions mein course occur, when he tristed that Gentlemen OmM have opportunities for observations or corrections al any ststemonte much better tl,ao could he practicable at present. Almost all the principal branches of the public service had been already voted; therefore ip felt himself abbe to give a statement of the littaacell generally. 'tir,ith a - feet exceptions. The 11.. use hall 'voted the Estimates for the Navy sad for the Arai, wscepting for the Birettas, which Mood in the Amy •Estimates extraordinary. The Ordnance Estimate too hid been voted, and a considerable progress bal been made in the branch of Miscellaneous Servim. .The rum intended for the Army Extreordineries ime 1,900,0001., the total amount for the - ?troy being 5,9700001. The sum voted for the Navy sup. plies last year was 7,506,0001. This year the sem was 6,456,0001. Toe sem voted for the Ordnance, including votes 'of parts of the Ord. ounce supplies among door Navy supplies, was, this year, 1,24'6,0001. Lait yeedi was 1,150,0001. The Miscellaneous Services of this year were 1,720.0001., not including, however, the sums required for hail& k ing New Churches, which would be provided for Ni their own grounds, but including 100;7951. for ii r creasing small livingi. The total supplies for dip year were 18,392,0001.; last year the total supplits ware 20,374,0001. In addition to this, there were 2,000,0001. on Excheqeer Bibs to be provided fes and 560,0001. for the Commissioners of the Siekiel Fund. In consequence , the total Mosel lobe prd. vided for was 20,953,0()01. 'There were also several extraordinary services of the year. The first was a Grunt voted by the Haase for the fortifications of the Netherlands, in consequence of the Treaty to Ott effect. But oot supply that would burden the as lion was required for this purpose, and there wag no occasion to refer it to the Finances of the year, as it would be be provided for out of the Frog* contributions. The sum was 795,0001: There was, ' besides, the sum of 400,0001. voted in conseqeeoce of the Treaty with Spain for the abolitien •f the rilleve Trade. And the only other sum was a deb. dewy. which would be found by referring to o the lircounts on the table for the year 1817. Ate; Ii Sepplies of the year bad been voted, a sum' of ,300,0001. mas voted* It had been imp& togi Via. fewer's! Vote of Credit to Government rent .of dot and Tar; bet last-year it was , thesight better !het . . a. Vote of supply- should bib given rather than at psalm of .enticipstion ; het ibia.vote• man .given at too , . late a period for the Ways and Menus, and therefore a defiamtcy now 'Oka Of 259,0001. The total extraordinary services were 669,0001. The. complete service; Of the year requited i 21,611,0001. thus :-... - Arley i ' • • 5i1i.970.01 ) Navy . . 6.4.56.800 Ordisaure a . a .. 1.44000 Allorelioneons 1,751).0i# borne,' . a Kaaatiplar . Biii. . . 200900 . Aistkilig Foal . . 6513h41150 Stutaisb Treace . ? 401000 Helleiesicy of Ways tied Means last year 45%6W Total . 131A1:4 86 Now the Ways and Means by which those sod• plies would be provided, were those which he seer' about to detail to them, and to submit for their aP:: probation. The first was a sem of 3,000,000 1 . to be raised by assail tiler. Tole WM precirely`the tame so in former years, and required no illustration. The Si', mind part of the Ways and Means win, the goer g 3,500,0001. from the Excise Duties, which were '"' c.iriviet table, int h eti l ll elB:sleige Untie amounted o . By o trieferencetothe: the cco is toc ih e ts On , January last to 3,124,0001., but this year he alt -on fideut they would moment to 3,500,000 t. The third. was 250,0001. to bi raked by a Lottery. w ;7. f ( t il w e a d s r . 2 . su /se , a; x ! m f . r f o t at m. the , . .oippo ,ise edfitr ,.cti rr a .l ai O T : t: le tip"' r p t , h . Ilia yielded last year 400,0001., bet It was ais.life,t .... . . • . . , .... 1 . Bins; thliregalatio.io 4 Mhir h would be t..e ee 'r uut ica tile. Pitltell'tinhiiife:le":::4;ll74eAtitiC;llll;Wi, r14:17::::;:: Inure'., w - -nth i t. N. COLT HU RST pretense! a Petition flkoa th e ii ... . GUR NEY pelesmsed a Peti.,...1 from x %le iri, 4 _ Ito. Re. treat HART prevented a Perlman for n . from H.thegal.—Ordered to li e On 111C,i1 C 1 )4111.411611 4 ... . MARSH powarowd hi. motor' rel a Illti to*. 11i _., • , to tve %IL 111.1t11. w S it f N- r -h v i AL I - - ~ el fi.,.. _sOios 1 _ -.. riteldett of St. Leonard', Stos-eitite.l i eii i„,, tilted . ' Bill. sad Ow Pirsts Teortif OW,. „T ime rife m iplai on, - gra 4 - .714-iii.ow se ilea of al I la. pro," .1 ill 4 ho My uppoth meat ofperastawal Chairtawa 1 iota' r a uumosier et votes iu preportinto I etopell, , W Oleat Select Yestrie...Thuler ih..• Iferume,t 1111, .ii 11 " it. shut a stogie penis &On bleb ibe moio e * of the Pari.h. Ii a pami.ll of the Metro skim _ reat firewhi.ele, a high, woad ewe a tal dyer tore. At to th e other liiil. lm ' rot dist'. ‘ „ hiseaai4 e e get over, r e S h ut sow pristeiple o f I --' sties of the faits an the umber% mid out n•• the set. witted had tm,•eti .vareaully:cutrestardli e nu t , Wheat s so sell Ns tattoo itemise. sehielt emit, .per of lake* iwav d ew omio.,Joeg of elliild fte :'N_r•mir rents applied fut.pimm Mel Mid. od Pend' cat or4red to be on the table. Report of the Elko(' Cammistea *Mt boogie 4 •4 . NI uo a k., aid ordered i ' tee whited. tiara wmtiremeided of the known of the Royal be et. MANNING wowed ter ate areenni of 'she 14 41 r t up e•avieted for count/telt ithig Dollies aid Takao** —Oritee ed. ATTORNEY-GENISRALtaae ardiee of a even n , re Law if Tri,st us lictile.—LH. art] WAYS AND MEANS. CHANCELLOR of the EXCHEQUER h•tri0 4444 . 4 der of the Hay. f o r a CoMmltale of Wa)v ono * I STANLEY took occasion to observe, snot iatb i t„ 4o legislation VIII. a duty of lb , . Or eras, um below e ,„ gnu& ex oried. Ile weaned w ken, whether aamo t i,. m act to Ithaviide its ravage of CiP too e.,whm f CHA NC LOR ..f she LECH EQO I.R thi4, e p ee , Pere wade Ii the 4,11, or that co: tog said .41 rt..* 4hi j k • wily wore net satinet la the dets A Add be ea. atom. 1. PEEL tromed, this on Moodav Neat she m. 0.. en * • rush hi.ar, rotor alma the cuasideroltha of tits N A N. ~ ie• Labs's; Bat BUDGET. • a Speaker having left the Chair— • • e CHANCELLOR of the EXCHEQWA It few prefatory observations on the istportsom inging on without delay the con+iderstae et . 4 . lanc i al p l an between the Public and individeds, '..:., that the termeof the heroin had -been folly red, and nearly completed. Between' 7"end , 001. were all that remained to he supplied. ~: se measure being in seek a stolen( fora *Mom, ; t. ' logbt It was not Obpreperitibito Weill dived. I that day for their approbation of ii.o.reiv e s h a ffered. Tato House might expect 6rinullfe L 4 kind of general statemeo . /of the faa a dat f lions of the year; iu doies - idilch, harassed) tensible be lay under some disadvantages, as " trod with what be might 'have been enabkd to it a later date. Bsit other occasions most I t s octet, when he trixted that Gentlemen estM ppportonities for observations or corrections al atemootil Mach better than could he practicable sent. Almost all the principal branches of this service had hems already voted; therefore le instal( alas to give a statement of the tinware illy,Wkith a - few exceptions. The 11. , nse had the Estimates for the Navy and for the Army, rag for the Birettas, which Mood in the Amy stet estraordinary. The Ordnance Estimate id been voted, and a considerable progress had node its the branch of Miscellaneous Se r rim. meintended for the Army liatraordloarres ow ) ,0001., the total amount for the - ?troy being ,0001. The sum voted for the Navy sup. last year was 7,5911,0001. This year the -• was 6,456,0001. The sem voted for the nce, including votes 'of 'parts of the Ord. supplies among the' Navy supplies, was, this 1,24'6,0001. Lait yearli was 1,2.50,0001. The !enemas Services of this year were 1,720.0001 1 '. :lading, however, the sums required for bail& , iw Churches, which would be provided tor ed 1.. lin grounds, but including 100;7951. for hi ! , ig small livingi. The total supplies for lbe rere 18,392,0001.; last year the total supplits 0,374,0001. In addition to this, there woe 0001. on Excheqeer Bills to be provided for t 0,0001. for the Commissioners of the Sinkiel In consequence, the tOllll snout to be pre. ror was 20,953,0001. 'There were also Until rdinary services of the year. The first was a !cited by the House for the fortifications of the lands, in consequence of the Treaty to Ott ‘, But oot supply that would burden the as- 4 .• as required for this purpose, and there war union to refer it to the Finances of the year, Poold be be provided for out of the Frock lotions. The sum was 795,0001: There was, the sole of 400,0001. voted in cousegseocs Treaty with Spain for the abolition of the ' 'rode. And the only other sum was a deb. ;' which would be found by referring to o the ' • its on the table for the year 1817. After Is is of the year bad been voted, a sum . .sf - 01.. was voted. It had been aseel - togiviA Vote of Credit to Government *et . of AS 'a:; bet last year it was , tbeeght better that., I of supply- should bi sleep rather than ,e. of .enticipation ; bet ibia.vote• wee .given at e a period for Ilse Ways and, Means, end re a defiaeocy now - 404w* of 259,0001. The truordinary services wire 664,0001. I. complete service; of the year requited ,0001. thus :•••• i ' • • ~NAP ' • • y• • 6.45600. 1,950.101 • • %, wore • • • c ✓eliant-am . . I,74u.nst• s , rew • a libeteseer Ban . 2. 4 4.11WAP. , ,iwg Fogad . . Woes , insi Treaty ? 400,000 cieticy of Ways aid Meats lam year 459.6b5; • • • „..._..—.. i . Total. •01,612.08 6 the Ways and Means by which those rof• . oold be provided, were those which he seal . D detail to them, and to submit for then sit; on. The first was a seer of 3,000,000 1 . to be y aeons! toilet. Tide was precisely' the tame as. 1 er years, and requited no illustration. l'he se., int of the Ways and Means wis, the suer of .. 1001. from the Excise Duties, which were ,°' ~ Ir e e, t l i al l h l sie lBi : ll .3. . i:i2 B lu y ; r iooli e pi fer s. e :u n bu ce outu to itedh t is he oy : ips c t e hr o e o his n ie t h s i4 o o : : , .•e__-- AL - I' L---W-... % 'VI... /..firth se nt as th 2 ey ° 50,011 1 2 d . litolikimilvintlato 5 ke 3 S W ba X t 111 .;7 .1"