The Statesman. — London, England, 1820-05-27 00:00:00

- F Y i 'i' principles of national prosperity, in order to col lett it general views, g.nteral and just results o.e speculative persons hail indulged inter' cxtra • r4i..:.ry theories of late, upon the subject of mann -1..r! and a few had gone so far as to .ay, that the I asun lil lie nnort• prospeolms it it had nu piano • Irifin , Ut entering into the Ilisi'llS,4l , lll as to 1 I.a? p trsuita tended most to the happiness of he 'wild only say, that on that subject the t !,./.-; had now no choice. it is conu att.l I 11.4,:ilj4cturem, iaitl the Noble Marquis, that have made y• u :vita you arc, and by those you 1111 l st remain what you onght to be. It was a demonstrable propsition, r‘tlher au axiom in political ret , lionly, that a station . sticald grow what it could grow cheaper than import, unu import is bat it could receive more cheaply than fr this principle resulted the obvious policy eta fret- intercourse. No tuan could think of the ex union of manufactures in England, who hail the com mon sentiments of his nature, without feeling deeply for the population that must thereby be delivered up to irretrievable calamity and ruin. t hit of the tuelve ioiliivns of the population of the country, it there were tno millions who depended for their existence upon manufactures, they could not be destroyed even by slow decrees, will t the process of asmihilation, lob wry spun the other ten millions. The fat:• of every class was connected with that of ea. is utter;, and h r %%mild protest against all measures but such as were I.ticulated to protect all the interests aad resources tt hich had made Eugland an agricultural, a 11111 l ler chi'. and a manufacturing country. Tbs. great prin. rirlc which applied to all countries, was insure cape * •ail; applicable to this country—that it would be toways a gainer by a free interchange of its produc tions. What wax sublimely true of man a. an slush, was true also with respect to the intercourse be tween nat• ; the beautiful illustration of the poet 'eight be applied to it— **The generous sine by mutual Lintlneo; The strength it gains is from the einha see it gives." The Noble Marquis then procertle.l to observe, that in making any change, however necessaiv and salutarv, in lung estab;ished systems, it should be brought about with due caution, and even with some reference to existing prejudice. He said he remembered that I when Dr. Adam Smith wished Mr. Burke to take steps for removing at once, from the common law, the penal ties for forestalling, the impolicv of which Mr. Ilurke lia , l himself aektioscledged, the latter replied--" Yon, Pr. Smith, speak from your chair as a profef-sor of the pith. mathematics ; but statesmen. even when satisfied WM soundness of principles, must look to the con fliction of interests, and the confliction of prejwlires." In the present case there was touch of both in a nar row sense to be encountered. and even on a scale of great magnitude, there would appear to be something of the kind interwoven into the subject, which result ri from the long-continued artificial state of its reds dons. 1/wing to the events of the last thirty years, there had been an unusual excitement in almost all the tfatioas of the world, by whirl' itte;:ns almost all this*, nolo** were compelled ow induced to live on their ira pirais instead oilier ',avenues. This excitement had called into existence a numerous unproductive poionla- Coe. The result of a return and change from that Vate wis an impossibility to continue the rate of ex hlany nations were, like ourselves, eneunt b...red with an unproductive population, whose lowans to! support was removed by the cessation of the expend ed (aphid. There were more labourers than there Wl3 provision of labour, and more artisans than de u.and for manufactures. It so happened, that this country by its geographical situation,—by its habits arid government, had pat such a caidtal in circulat' , that it found no difficulty in feeding the unprodurtive classes while the excitement continued; but wheu it was removed, there remained the frnits is auguleuted taves. mortgaged revenues, and an encumbering class of articans. England felt the full force of the visita tion-which the extraordinary change produced, much moire than poorer countries, which could nut sup port those enterprises that produced an artificial prosperity. Here he adverted to the petition of the manufacturers of Birmingham, who asked why in ito the midst of so mach plenty as the couatry possessed, there should be such misery and distress? and said, that what he had just stated was an answer to that swollen. Ile next proceeded to say, that too remedy inteh . evils their Lordships' object should be to create elemand, and that demand was only to be (treated by opening, without distinction, all the resources of fo reign trade . At present, however all measures which heti hat object in view were to be, in some respects, ' elmtgoiled by imperative circumstauces. But still never constraint was to be adopted it should be made Ole' exception, and liberty the general rule, and nut constraint the general rule, and liberty the exception. Ups the subject of protecting duties he should ob serve, that be had DO objection to them when they were each as to admit the possibility of a fair compe tition. The next point which he should submit to *sir Lordships' consideration was of a more practical • inahere, as it regarded the principle of British Naviga- Ilse in which the whole mercantile hotly were so deeply interested. It was quite certain that many commercial men, whose interests might be sepposed ho be affected by it, were desirous of seeing the principle of forther extension adopted. It did not create any apprehensions in the minds of ship-owners, that ves sels should he *Mowed to sail from the ports of Europe with other prodnre than that of the particular country which they left (being, however, British vessels), a li berty, which by the existing regulations was denied. A Alp now sailing from the roast of France could Mot touch at any Flemish port for the purpose of taking on board the produce of the country, aid the same' prihtiple held good with respect to the pasta of all other nations. He only desired that this principle. shodld be limited in its operation. It world, at the saute time, be right to except colonial prodet.t.., fur if there wasno restriction, other countries might Jake the trade to the colonies tont of the Land of . British ship-owners, with whom they could he enabled tai 'enter into prejudicial competition. The third point to be considered was, the entire freedom of the tioaltittirade. with which the bonding system was constietted. It was of the greatest importance that on should be hekl out to indaee foreign firing into this country the prodnee of wished to see England the grand mart pro lace of the tvorlol, one to which the *WI - tomppyi es onerthabtile• b theif K s, . : TILE. STATI reas..ls of the .dilb-rent. nations might ninon with their cargoes. and dud a ready and advantageoua market. Ile was aware, that in sii2gesting the expedience of acting upon this principle, he was trenching on eon siolerations of great and peculiar interest, and among those branches of emittnerre which required pattienlar I protection, there seas. one whirl' ought to he guarded with jealous attention. The linen trade of Ireland uas that branch ; vet he thought that sonic modifica tion ought to he made in the transit ditty with regard to it, which ihiring the war was so high as fifteen per cent. A relaxation of this duty would 1w productive of very great advantage ; and it was a fact, that the linen trade of Ireland had been in a more 'imperious state frefore it was imposed. Though it was necessary in time Of war, when British merchants were prevented from going on the continent to make up their assort ments, it could ha; e no beneficial effect now that the tuitions of Europe were at peace. and when the British Ina on factitrer w,Y l.t ilrlleeeli tot iermany or i 101 l a nil, u :id make up his assortments without any interrnption. Indeed it appeared to bins, that so far from its pro daring any good effect, it must tend, on the contrary, to drive our own manufacturers out of the country. This was a subject to which he beg,fed earwstly to rail their I.l)rdsluip4 . attention, with the view of ;loves- Hinting all the vire lances ronnected with it. He now emote to a ..is!.jert upon which the greate..t dif ference and difficulty existed—the duties on imports fr the tvortlio rn r miorivs of Europe. Whets ad verting to the high slaty on timber, it was impossible for him not to remind their Lordships that it had not been adopted as part of a permanent system of colonial or shipping poliry. NII pledge of that natter bad been given, either to the colooiies or the ship-owners. It hail been adopted only from temporary consiolera- Mons of iiicreasing the revenue, and iijA ,lt i oljeCt to Icayr been revised in March but. 1 he Earl of HARM/WHY here said—Mareh omit. 'I lie Marquis of LANSDOIVIN proceeded. The till feretwe was immaterial, it did not in the slightest Jr. zit? affect the general question. It was to 1w admitted. that the owner' of the ships ressvet ing timber from Ca nada were interested in the routinuatace 41f the present duties, and it was very natural they should regard with jealousy any proposition fur modifying or abolishing them. '1 her tr se, he believed, o very respectable bully of men. and it was right that their interests shoold be attended to, too far as was compatible s.:tll the ge neral uelfare of the nation; nor should he in any measure of further extension desire to see those in atances lust sight of, in which there osag lit to be a departure f the general principle in favour of navigation in British vessels. It was one thing to pstrell.l.l. A valuable ronsideratitan, and an 1111:11' to runsent to the mote of pstrchasing it.—(l tear, hear') —The very worst of all duties was that at hich was intim/lesion tl:r raw material,and therefore he decidedly objeetesl tat the intp oft on timber. The grounds upon which ship-owners sought the continuance of this duty mere tit- most alt..i.rol imaginable. 1 hey demanded a monopoly. hecaase the tioilwr they imported was at a greater 'list:lller ;11111 11i a snitch inferior tpiality to that importer' trom the Nortls of Enrols..: and they did Nis in defiant. e to all eatablishell rules of com merce which las mired importation front that ettontry whirr the article was beet and cheapest, rather than' from that conotry whirl. was reunite, and where the article was dear anal la.l. Anil upon what article eras this tax impwied ": Not upon an artil'ie of luxury, which. perhaps, might be ,ulojected to it with Imes prejudice he the c,oontunity. but upon the raw material ,I of tea 11111104.5. suit Irridzes, and other structures, while I even the very ship-owners, whir called for the l'4lll - ti nstimr of it, must he att . ectell by its operation. If ! the aridaticla upon whieh this tuaimpoly was claimed I Were admitted, idey ros2lit trot a tax to he intros -II lon the importation of cotton front the East Indies, the voyage being three times as bong as that to Ante• riea? 't he ship-owtters said, that if they had been put in IIIHISPIS:1111 of the whole of the timber trade to the Baltic, it would amount to only one half of what was now imported from Cato ela. This, however, was to lose sight of every principle of economy for the porpose of maintaining a partiettlar interest. 'I he Habic tins ! her trade lead, 1w understood, been originally carried on its Russia and Prussia in British vessels, partieu lady in the latter country. If the article was not ins nwiliately paid for in British produce, it was after wards in articles of British manufacture, which were *old at the fair of Leipsie, and other fairs, where the purchasers of English goods were chiefly from the north of Europe. But he did not insist on the point, as to whether the article was paid for or not in the produce of the country, as it did not affect the merits of the ease. 'I hey hall entirely overlooked the con sideration, that thus certainty of procuring a cheaper and better material must necessarily excite increased temptation for the employment of British vessels. !'I here ought certainly t he a greater degree of free ! d than at present e.:istell, in order tam Isidore English i merchants to acquiesce in the measure, leaving at the same time to Canada to supply that species of timber which is peculiar to the co u ntry, and cannot be had with equal ails ;dotage from soy other, and to the eurtherit countries, to furnish that species which is. acknowledged to be of a superior qoali•y. The duty on timber impored front Canada in the coarse of the last year. *mounted to 5011,01111/., and the port of Low . slim alone paid 1110,1101./. for the nsonui oly.' There was another polio which he wished tat bring' ender consideration. It was with regard to the duty paid on French wines, which, in {mitt, a rated to 1431., while the duty un Spanish and Portstgoese wines was only 9sl. The produce of this duty fell off in the course of the last year 220,11004. and he thought that the French liovernment were not so indifferent to the interests of the people Id. that country as not to congest to some measure to. allowiog French wines to be export ed upon the same terms as those of other countries. Bat even if no such- arrangement took place, still while we imported wistea frout Fr.. twelve most neressarily increase our exports. Cuul,l there be any reduction of our ex ports by importing bullioa ': Certainly not, for the evil, if such it was consillered,.would correct itself. 'I here : was no di:fere:ice whatevero.whether we exported our maaaLetures in the first instance and imported bullion, and then exported that in payment for the wines we received, for in either eater bur exports could nut be I effected. He thought, however, that in yeeking to re l(lure the duty on French whirs, the consent of Porta gal would be uncesaary. If a redo:floss wavelreete, . ... point ;Le. tistronsequente would be an increase of revenue anti The country symild not settle down till the of !Preach wines. In the treaty which had been re- mind wa. set at rot upon this subject. With re a r s c c t newest with Portugal in 1,10, the former duty was to this particular consideration, the first continued for the present nn wines anal woollens, being decided was, wit!. regar.l to the state of our int-rnal the principal articles of trade between the two coon. trad e , in order to a .certain whether the distress tries. It was necessary, in order to meet the rom peti- w hi c h prevailed resulted from any diminution in th. Lion of other nations, that snore change should be made I consamption of the rountr:., or from a fallin e w r in the existing system. What he had s a id of wines ;in our fareicii trade. It appeared quite certain al i .,. would equally apply to silks imported from France, j the distress now existing uas not the consequent,. ie: and he should eViggvit a large Parliamentary grant as i diminished eonsnillit!io.ll i'l th. principal arti c l es i, : a remuneration fur any loss that a poor I'm meritorious our donsesti wide. As :,n instance of the Get. L. class of persons might sustain by a measure of great . %Wahl mention wine, an article noticed h e the 'Vil e , national advatsta;te. Ile had now roue through the . Marquis, and should consider it rather it; re' 1i,,,, i whole of the leading circumstanres connected with our 4111110 y that; to villas , : the standard of esimparis ~; Buropean policy, and while he considered time shipping which Ise should make also with regard to other a,ti• in all its relations, it WiV , impossiiile for him not j cies, and from which it would he seen that no decrease i s i s - s s i . ;:t ri l t B h , t a h - e it a h v t r h rl e :e t r rae i' : to observe that tie were ex..!aulinl from one of the whatever had taken place. Ile had now to submit 4 ronsumption in each year. largest portions or th - glob- by impolitic regulations. speci fi cation of al i i:fe m r a r .% n ie t tsr as aie r 7 t t.. ii at • The British titerellant wes ;Inmost totally shut omit for th e last four years, comparing the average price I: from Asia anti the numerous i s lan_als ‘ e .e o r n y a l ec lu t a ri n l o s i c t it a l t i l i e t r . p tl r ie ic t e h i r i t i n• l y m e l a t r o s, Th . life found himself excluded from the he thudded Cape Horn—not f rom t h e ru d e o r forbid- for the three years mentioned, was 21,630,1; w., ding aspect 40f nature, for there were bays, ports, awl l and the consumption, from the sth of April, I'l4 harbours in abundance, anal mod of them e,,,mmolions ito the fith of April. I s2ll, s:•;n 2. 2,332,11 y. . ilie .... no t {rims any indisposition to trade on the par' of average cuitsmtomption of civree to th e t h ree ,-,,,,, a 7l ,: l u s : i m i s t i: t l i e t. r., b i l l : :a i m::: i, :i3e . the from any fault of the seasons, fair there were monsoons hog a small diminution. The average consumption o:: and other winds whirls nature seemed to have drstined to promote the an Tess of commerce. Nu, Ise was ex. year 11,175,x17/.. leavinc chided only by restiirtive s t a tutes, w hich w • re most In malt, the ;aura re eimstaiiiptien for three V A' s prejudicial in their i tl e; .ts : No d h e tn un d th a t h e ci old amounted to 21, IZlO,'27to.—last year, 23,971,3;ai., not proceed without liein; pram ideal with a Greece. showing an i•n•resise of I. From the tea trade he was entirely prolsilsited, add be average consumption for three years was 5,1;3,;5.1,. found himself einatits sl within the circle of the Fsst In- Mast year, 4.5tt1.9:17/., showing a decrease vi di.' F patty's Charter. Ir weans not the siV.:litest 340,000/., which, loos.. err, Wl{ MA h e up by there disrespect to that revertible Corporation, foe it was baring been a grea'er consumption of foreign -pitir; very natural th .t t• apolists should be .created by last year. The nest c deuiation was with 'sopa t principles of prejudice and jealousy, w ith r eg a rd to to the Kookier of ar ieles of intrenal !rade. 'the those who might wish. to _participate in the s: • ad- produce of our exports in ISI .. WAS 4.01134 - 03/._i ii vantages. Yet he did not-think it corrret in the East le ism, 37,939,5014.,51c5wing a falling olfofl1"0,001 , .. India Company to prevent others from doing that which In the year !Mist, however. e‘traorilinary e ff or •, they dial not do themselve a. Time first consideration bad been made, and many specula:kr sii dertaken. Th e with them was the size of the ships; aml all smaller !average amount of volltve 1,, - three years y ea , vessels were entirely excluded. They might be bellow 45.161,7561.; in the last year there lead been a Mie r emploved upon adventures to regent'. anal unfrequented lof of 11.2911,1111 N. lie should :111W consider chat I r a , regions thau larger ones, which would subje:•t the I the state of our trade before the last war, anal titi ; owners to luau oreat a risk of arapitaL with•ast a smith- ! that p riod of it when our rominerce was in the asu, dint prospect of profit. Ti-, population in the various, doucishing initialition. In the ye .7 170-E_ when we ha .I Eastern Islaaals a 00000 noted to 7tt,lllio,tleo of inha- I the largest exports of aiv ve ir before the uar, the Nonni, yet in rimsei l uen,v of the syste m of exclu- value of them w a s Otott:t...iert. : and in 1:416, the vi siuti, there was scarcely any commerce whatever I Ise was 2 5 t 1; •27 ,1 , 04),111111/.; in I 5..11t10,0410/.; in Itsot•. with these people. [lle Norisle 3laripti . i here rend an . 26.000.1Mi5t. ; in 1510, 35,01'0.00(f1.; and in Ist I. extract fr the work of Mr. Crawfor•l, respecting I 34,939,11100 f. ;so that last year. Omagh there was a dilai. the islands in the Lilian Archipelatru, which elesribed i nntion of I 1.21111.11110/. vet there IV:LA an increase as arr. them a* Isig:i ly favourable to trade, from their abundant ; pared with toe official value in tit • year when oar exports resources, th •u...th they were less known by the halal& I were the ereatest flotillg a time of !owe. In the year tarts of the neighbouring cuatiacnt. than if the, bad I Ism Ls. the amount of rotten export ol was 2,43`2.11110 .: been in a dill . ..relit climate.) Lie uest adverted to the in the last year. it was little more than 1,000,01 m. opinions ally mecca upon t h e same stibjert ley Sir Seam Ile should mmuw state the other articles its which there ford Rattles, in hi- i;i•eintut at Sen t at;a, and remanded bad been adi ttt illation. In the European trade in re• that an intercourse with those distant regions ought to fined sugars there had been, as compared with eme he promoted. lit ri-Icr mee to the iirineiple of ett- I three preceding years, a falling off of 1,20 4 1,000/. ; bat couraging the spirit of free trade, he in-tato - es' a stary the great dimitsuti in was in the trade with the United tiv Hr. Franklin, whose wife having sent a cap to the !States of America. In cutlery and hardware, the dimagleter of a ship-owner, from their resi-Inure at May a verage amount of exports, fir the last three 1e rs, Tomo, in America, causal a general demand fair such - was t 434,000/. ; in the fait t • ar, 436,91*:. T. e raps aiming all the young girls in that part of the overage amount of ?spars in Iv ...A r y ls to th a t c „an. United States, who sent their mittens for sale to Phi- !try. fur three years, was 3.1011,01111'.; in the Ist Lialelphis, in order to purchase them. The Noble ; year, 1,703,0011 f., showing a falling off in the total 3131-yetis. after some further observations, which he ',aware of the ditf. rent artis les of 3,000,n00/. The urged in detail, concluded a long and luati tttttt s speech i Noble Earl then prorreioled to sh or, that distlau with sulimittiug his motiosi to t .s• consideration ad the was not confined to England only, hilt also prelai , ed M ose. Ito a great degree in America, which was the natural Ti;.- Earl of LIVEII POOL maw rose. Ile said he ' consequence of the extraordinary efforts she bud haul peculiar satisfaction in eking after time able and ; made during the late European war; e forts that had candid speech, in which the Noble M urill o, w h o haul ' raised her to an stotostural state of pros.erity, whi.b just down hall introduced his motion. He felt thorough ended in her present glair-1116es. He deprecated the gratitisration its being able to ag r..e in the general i lea of imputing the embarrassments of the country se principle upon whirls that motion was funneled, though tithes, taxation, or the Poor Laws, instead of asraibr he slid not attach the saute importance to some of , ing them to the long and portentous war in which sr the eirennistance:: urged in support of it as the Noble I hail been entered, and whieh had so &terminal as 31uriptis. lie was not, however, dispeaeml by any elfeet upon our finances. With respect to the Cars means to oppose it, I* 'tad as it very properly was Bill, he observed, that he had supported it in l'ils, to the sole consideration of our foreign trade. lie when it was introduced, and lie did so under the coa ti ght the Noble 31arquis hall acted most jutlivionslY riction that the agricultural interest mile:red term iu !savings° limited it, for had hr d on , ot h e r w is e , and I legislative protectioss. It was necessary at the time extended it to general relations of eunisseeree, it would. that the larlianweit should mole to an express law from its comprehensive character. include too wide a u s inatiou with re g a rd to it, and if, contrarf to kit range of ronfiirting interests, anal the advantage of the opinion, they had refused to accede to the amain century would e ither he neg l ec t e d a lt oge th e r for the till after the experience of two or three yeses, present, or postponed to a distant and doubtful period. as hal been proposed, he should have said do: Yet at the same time, while he gave the Noble Marquis they ought to de ide npon not granting ka t all.— every credit fur the manner in which he brought this Ile thonalit the Prisssiples of the laws were not to be subject before their Lordships, he coal., not still think it possible that it multi be fairly discussed with- . departed from, to accommodate every change of el • comsat:Antos. It was a means of aggravatimg themii oat some reference to our internal and domestic re- tresses of the country thus continnally lations. For, however important the interest of i the questions affecting the avrieultemni isterests. be our foreign trade certainly was, h e would still say ithe tenant and landlord--let time buyer anti weer House were' adjust their relations ithe I At Aral way they Could, drat that he should be only deceiving the 14to be agitatiet he to adattit that it was in any respect the must' the country should be taught to look upaa the Prt'• ' important interest to the coun try. When b e l o oked at ripte of the law as undeviating.. Demos he leekle the numerous petitions whirls we e p.maing in front all upon the Corn Bill as calculated to recogshe lh" . quarters, and from all classes of those who were cos- , principles In a more fixed way, he gave it his Ml!' nected with the agriculture and mannfacturers of the ! an d its aimless' by Parliament had not mods hia a•ountry, he could not hat feel it ha lir his duty to state 1 i d ijuge hi s w a d as t o th e ex t en t of its iaiIIPWW_I the reasons why , iu the present instance , he was not in 1 working that effect. He always looked apaa that P: favour of aware extended inquiry. lle entirely agreed :as equital•le in principle,thougb an °Nerd its was HIP ; ._ with the Noble M minis, that there wns no opinion t.. i t , as too re fi ne d. it s 0 4,..e,. if b e ratkostoel it Ist' -unfortunate as that there existed in the nation r ;glitly, w a s . toprutect the agricultural iatereslift distinct interests, and that these distinct interests , the low pri -es of grain at which the faraser essare_; were to he set at variance with each other. was a most erneeteuna as well as flange - oes opinion, ' the public nes slow market when prides sheals . 77 and he agreed with the Noble Alanquis that the agri- , But hr asked what could be the e ff ect of abe 'cultural, the manufacturing, anti the commercial in- . tecting minty ? If the duty was small, it woald serve. 7. 1: terra. were enmpletely blended ; the strength of the no protection at all. If large, its efleet , a s towa tt e 'saw was the strength of time other, and the weakness a bu t ., wou ld b e mu d prejudicial in times of dear l of the one was the weak lier , of the o th e r . They ought s he House would recollect that the pr ice, in the I therefore, never to be represented as distinct . A gri- I T Bill, was fixed at KM.; this the oppeuents of the tif culture, which he considered the basis of o ur national mmatended wunid be the miaimisto, but he (Lard 1 4 sr_ strength, would wit be what it was, nor would those the supporters of the Bill, argued that It wesehltif who made fortnves by it hare amassed inmownse wealth, I isse,efm. , os prier. In rreurring to the retntus oftio.F .P .,.___, had it not been for commerce and imumfactures, which o f w h eat i n th e years between the .itle of Jaw of Isstered and supported it. Therefore he should say, fitia of Jan. 1t419, it would be bowie that ~.,0 'that• neither could be sensed by the exclusion of the not average more than pts.3•l a qeart^e t ,o: 0 , 5 other. The first point to he considered was, what the did nut average more thatt_T r . eelnixeratn._ .Now t ~s , actual state of our foreign and internal trade was, front antketttic documents. Next, to nutting. minutely the ; funds l 77 rommittedbl o t r h . s . , torts. rm ,.. r 7 _,.....-, h a t ' , d to t t e he tenportal us io u n of irate:if and liv, w it W hi r igv., .. causes 'of ear distress, and see if any, or what remedy : pr ese nt laws. if ii ir t s ri pot is f o rte, were sal e eats-be applied to' that distress. But there was one, ea elect theme fetta. without liaeimg Y r.."' we Wrtieular its which he also agreed with the Noble ; Oise , 'tech,' net shish tia • present p ze mess a le ‘equis, namely, - that it Was m or e material t o derider ragesahaued ita.elepasSedisli°4l,c3 d it ,-_. ~ ' they would not do than what they woad du. [suppose, that leasing out the As ISO r