The British Press; or, Morning Literary Advertiser. — London, England, 1807-02-17 00:00:00

e r not• -• Ile believed , that the exhtk same tares • r yiaht he kept up to the exalt same amount ; hut, , 5uW",.6,11t that any of them were not pert telly year lakle, where was the difficulty of trying some ye w ones in the pl ice of any that did not prove prndenive ? The very cessation of taxation, af fords an ad litional power to impose others. The War Taxes were defrayed by ten per c ent upon the whole; but as that was pro posed to he reduced, he apprehended that therefore i t was desirable to have a lug. sinking fund in the rst instance, as it makes a security in bargaining with the Stockholder. He agreed with the Right Hen. Gentleman, that there was too peat a (Fyn siy„rt t o state the sinking fund as being purely b r the Stockholder's advantage. It was for no such t hing. It was a gratuitous gilt given by a Right lannnimble Gentleman now no more (Mr. Pitt) en new Loan was to be raised ; but it was never intended to be Weir for the advantage of ere Stockholder. but for the benefit of the country. k never did, nor could agree, that that was not , areument. as to the Sinking Fund; hut, at t -..a7ne time, the r-pinion had obtained ground so • e. that tle neatest poscihle delicacy ought to be erred in regard to t:ie taking any step the mi l: .ry way. To proceed upon the two Sinking Funds. drienly in the teeth of Mr. Pires penjeels. would 'be attended with great inconvenience. He thought that the plan of his Noble Friend (Lord Petty) tended to strike off every insonweisience. I. was never meant to bend Parliament, so tha , they could not alter try system they have adopted ; and it was surely advantageous in the present instance, that Ministe- s could 'hew to tile world, that 32 millions could be raised without any additional burdens of taxation. That was all that was at present ct eteeded frr, a.,cl a great thine it was. it must create astonishment from one end of Europe to the other. Al though we sh-ulsl afterwards want more, what dues that arg u e? Can we not raise a Loan in addi tion ? Ac to subsidies, wnich had been tratched upon, he never knew that they were c!,arges, that were urapt up in disguise ; they arose out of the Bridget ; and the difierence of the Total Supply, and the ready Ways and Means, were always raised in the way of a Loan. He -.mild see no ntjeltion so the proposed plan, proceeding upon the basil, of thirty•two nsillionr, bring sufficient. It it be not, then w'ty ant try thirty-four millions? The principal differenee that seemed to exist, -as as to the mode of raising the 32 millions now pro. posed ; but he could not see any reason for enter taining any doubt upon the subjett. As to the deptLciAtion of money, he confessed that he did not understand the objeaion. Ile should think that if any thing could prevent the depreciation of money. it wnu:d be the non-imprwition of new taxation. He was not aware of any further ohj Elions ; but. at all event he could see no reason for not going is the Committee in order to die. use the Resolu tions. FINANCIkI. RESOLUTIONS. Tha H s.a wet.t lam, a C-nninittee of the whole Haase. on the Financial Resclutions, which had lieen. on a former night, submitted to the House, by Lord Henry Petty ; Mr. Hn snoun in the Chair. Oa the Resn'winos heirta read, Mr. GEOR- ROSE — observed, that he was well aware of the numerous difficulties which at. tended the discussion of the subje&. which this evening engaged the attention of the Committee. For his own part, though he could not agree in sen timent with the Noble Lord who had moved the Resolutions, nor with thuso of his friends who con• curred with, and supported the plan of Floance which they contained; yet he e'uld not help ap proving, in very warm terms, the open and candi,i manner in which they were originany introduced. as well as the uniform can.i our, which the Noble Lord had discovered, in meeting every objec tion, which had, from time to time, been made to the Resolutions ther4selves. For his own part, he confessed, that very strong objeitiotis existed in his mind to the system of finance they inculcated. It was not only novel and un precedented in its nature; but, it anually carried into effeft, would establish a plan of financial ar rangement, which might be attended not only with injurious, but, he would venture to say. ruinous con sequences to the country. The first ohji-aion which must naturally occur to every one who cont. mplated it, was, that it was proposed to burrow money at compound interest. To this, very obvious objefticns naturally presented themselves. The adoption of such a measure could alone 'Ase vin _heated by the most imperious necessity ; and it was well known, that those who had recourse to such a mode of rais ing money, were made to feel it severely in the end. lint it also had a dirett tendency to diminish the Sinking Fund, from which the country had de !tvedto very essential advantages ; and which, were it allowed to go on in its ordinary mode of operation, would accomplish all which its most sanguine admir ers bad expeZted. By diminishing the Sinking Fund, the plan proposed would necessarily increase the National Debt, and this was an effct which ought to be deprecated hp every friend of his country. He would, nevertheless, frankly acknowledge. that though the areas had been very ben-facial, yet there were certain bounds to which this fund ought in be confined ; because, whenever these wets ties i!aerd, its operation would be injurious instead of 43::mg ad,vantageoes to the country. He could not ptelp calling the Attention of the Committee to a cir cumstance which attended the adoption of the Iteso ;ntions just now read, and which he was persuaded was neprecedented in the History of Parliament. The *stands of Parliament would thereby be tied up for twenty years. It might perhaps be urged, that this was not really the case t and in a certain sense this wasnot, nor could possibly be the case ; because. pn the next Session of Parliament, a Bill might be introduced, repealing what is enalltd in this ; but r still though!. that front the prospeftive view which the resolutions took, it could not be tleniral, that it look, o 1 as it it were intended to con fine Parliament in its operations. Mr. Addington kid adopted autikther, a.id he thought a far superior method. In a manly way he raised what was ne cessary. by ways and sneaes for cite ) ear. The Re solutions, he observed, were founded on the War Taxes. The propti-ty LS this he could not per. cave. It was impossible that any Member of she . immitree could be of opinion that all the taxes ot Excise and Customs could with propristi be 60$ am to ;In eke He ing ii.- t" .1. tinned. There were many of those taxes 'which and seal of those who bad the superiittendance of ought to be abolislaed, and . bef ore he sat down he the Excise and Customs. He tin-ight it of import would take the liberty of po i nt ing out a few of them. ance to make it mere worthy of the attention of The Reselutions carry the system of taxation to an officers, to suppress smuggling, by giving them a alarming extent; J 2,000,0001. he would allow may greater interest :n the destruffion of vessels. Re. be borrowed for one year, but he was afraid that gulations, with regard to registering of ships, names this c' uld not be repeated so frequently as perhaps of owners, &c. would also do good. A large peace the necessity of the case would require. The ave. establishment must, in the present situation of Lu rsge of the Extranrdinaries, for the last twelve rope, be looked for. The Property Tax was not to years, may be safely estimated at 2,500,0001. per be at once repealed; but wit •n Peace came, means annum Mr. Rose then went into a detail of con- would exist that would render that tax unnecessaty. siderable length, and mentioned a variety of fiscal The mode of raising the money had been objelled exeftions, which he conceived operated injuriously, to, es it was by compound interest. It is so, but it and consequently rendered the Revenue lower than is accompanied with a cempooad be•iefit ;it gives it would be, were a different rate of taxation adopted. rest to the country. His Lneiship then entered The duty on tea, for example, was at present 95!. into an examinat•ou of the Resolutions proposed per cent. on the value. Wl.en the Commutation by Lord Castlereagh, and combated the plan he Bill passed through the House of Commons, which had recommender. He pointed out the fallacy of ti in ferred certain duties on tea to window-lights, his objeaions, and shewed that they were no: ap the del was 851. per cent. The quantity of tea plicable, and that it was a mistake to suppose teat consumed in this country was about 4,000,000 Ihs. Lord Castlereagh's Resolutions, were they adopt- He stated what the tonnage employed in the trade I ed, would be attended with so be:, , ltieiai come with China was. At the rime referred tn, the ten- quences as he had attempted to pr••ve. He spoke nage was 5,000, now it amounted to 80,000 The in strong terms of the it:justice of tipernpriatiag duty on rum before the Consolidation Ad, amounted part of the Sinking Fund, and stated tee diff ence to 6s. per gallon ;at present it was Ds. and Ss. 6d. s•f the circumstances hew, from those in werch the of a war they. He Also mimed the duties on brandy stockholder formerly stood. In short, by Lred and British spirits; but, on the last of thaw, he was Castlereagh', plan, in the year 1824, there wiped not disposed to comment, as he believed the dirties be no less a sum than 9,0e0.0001. short. After payable on British spirits were less exceptionable chewing that the view which le-d Castlereagh had titan any he had mentioned. He also &netted to given, particularly in Nos. 3,4, 5, of his Resolu any de• bring paid by goods in warehouse. Sugar tient, was unfelt-, because he stated the sum of the in p ticuler new pail 321 per cent. and this the debt, but did not give credit for the increased opera . lA. ter could not pay As to cotton goods, he titin of the Sinking Fund ;• he entered into a calcts would not ley much, as the raw material WAS im- letiorenewing the superiority ot his own It-solutions. ported Wine is not a war duty. being made per- The Noble Lord then proce••ded to compare tne petual last year He was perfealy astonished, when different modes of borrowing the Loan in the pre he learned chat a du y on goods in shipping were in- • sent and the new system ; and observed, that look elude .in the Resolutions. It is a tea not to be dis- Leg forward to the year 1826, the amount of the puted, that Prussia and Germa y undersell us in Debt incurred would be, according to the present cnttm., cl ne, and linen, in the West 1 ties, ar,u in I plan, 273,560,0001. with a Sinking Fund of only other plec-s. We export about 1,000.0001. value 8.000.0001. ; whereas, by the new system, though of foreign manufaeluie. lie was co•indent, how- f we would incur a debt of 304.888,4821. yet we ever, that in consequence of the imensitien of such should have at that time a Sinking Fund of • a duty, we were in greet danger of foreignits taking i 19,:363 ,cool. which was mot e than double the away the carrying trade from us. He p trticedarly I Sinking Fund on the present Plan of Finance. adverted to t'.e x en' to which the praare •of smug- H. nce, in taking a prospea of the probable state gling was ceiried ; and affirmed, char the calls- was of the country at that period, we must be much to he traced to the .tubes being too high. He thee better off, since we should possess double the entered into a short his- iricai account of the differ- means of reducing the Debt, though the Debt ent duti• s which had been imposed on malt from itself would be very little increased. This plan time t ttime. A Noble Lord (11.Fetty) had informed the Noble Lord would find amply stated in the the li•iuse, nn a former night. teat the Income Tex Season No 9. The Noble Lord had, in laying s e a m cease with the wAr. howev e r, wasdvei.led- down his priticiple of Taxation, totally departed ly of opinion, that, with cettain mndificatrons, it from that which he had conceived it his duty to ought rather to continue, than that malt should adhere to, an.i had proposed to levy additional be se very heavily assessed. He advised the. the Taxes to the amount of 11,000,0001. each year, Income Tax s .ntild ne mortgaged. Alter coat- without any view to increase the Sinking Fund or menting on this pert of his stenea, he hoped the liquidate the Debt. The Debt would of comae (enter Lord wiiteJ take time, and not carry his remen the sitn,•, which was all the beanie Lord's plan to the extent which the Resolutions seem eJ to plan pi mused ; thus, while he deprived us of the intimate. Some seat ta;ei certai •limiget continue moon of increasing the Sinking Fund, the yearly when peace should be made, and he thought it ad- expend.rure wcralit be centin.eilly increasing, and visahlp that this should be kept in view. He depre. we would be eventually left totally destitute of caw(' the ilea of net examining into our situation means, at the emir we were men In need of on all sides. He thought (Led Henry Petty had teem. If this was all the Noble Lord we'd pro stated the permanent taxes somewhat too low at muse by the adoption of his plan, he hcped he 13.500 0001 ; pettier. they miget be stated at would not take it. amiss, that he, with (ne bleed) 35,0000001. Ihe total expenee amounted to many well informed pert stet on the subjea of Fr -43,000.0001. consequently there was a deficiaMey names. sshoold still continue einehenged in their of 8.000 !ink. Mr. Rose observed. that the plan opinion of the superiority of the system he had t.ie which had now been proposed, was what had been honour to propose. Toe Noble Lord had, he ob proposed by that illustrious man, Mr. Put. Atter served, fallen into the most extraordinary error in a panegyric on the Gentleman, Arid contrasting ei. on: part of his calculation. where he calculated on measures with those of tee present Administration the consequences of I) mble Loans. and exemplified and giving the preference to the former, he con his doetroe by a particular instance. Here having eluded by again n•essing a delay. The sunken he taken a specific sum, and calculated on the result. said, was not gene: Ally understood ;he had con- 'le has! most unaccountably edited double, though v rse 1 with very intelligent men upon the subj.& it was evreent that the one Loan was made for the and they had d eared that they did not :nay un- purpose of paying off the other. He that cone derstand it. And he thought that merchan•s, ship. elided with stating to the House, that there were holders, manutaeturers. E sit end West Insea met- twe points in which he wes of opinion this system chants, ate. who were so deeply interested, ought to would most materially benefit the Country : the be eonsid, red. first was, the probable rise re the Funds during Lord HENRY PETTY then rose and said, that tee operation of this I slas ; for should they fell dur when the qeestien was agitated, whether the iog the continuance of the war. this System would, Speaker should leave use Chair and the House re as ead already been %hewn, ult•rnetely restore them. solve itself into a Committee, he felt reluiant to Of this being the fate, ne could, he said, speak trespass on the time of the House, as he was well from positive evidence; fun within the I ist fortnight, aware that it would be necessary for him to enter at since the promulgation of his proposed plan, it mad consider able length into the subjea. He was happy, nasally raised the value of the Funds in the eses however, that he had heard the Right Host. Gentle. of the money-lenders, a set of men eminent for man, as it enabled him to obviate any impression their acuteness and penetration; the next was, that which might have teren produced by it. He could this plan, by moderating the system of Taxation, assure him, that as to the proposition of delay, was eminently calculated to keep down the high could he perceive arty good consequences which price of all articles of general eonsnmption, whe would ensue from it, it should meet with his hearty Our for the service of the Government of the Couto concurrence. It he could 'oppose, for a moment, try, or chest of individnels. that the R nolutions which had been read, in Lord CASTLEItEAGH correfted the statement any one respea hound. or, as it had been of the Noble Lord, and said, that the utmost he called, tied op the hands of Perlianteet ; was bad yet advanced, was, that Parliament should not it at all likely to involve the country in ruin. precipitately legislate on the principle proposed, or he would he the last man to take any part in the he hastily bound over to the nest system. lie ob business. It hat been objeCted, that the plan looks served, that any thing injurious to the circulating prospeftively forward, but does not vete certainty. medium, must inevitably depreciew the Sinking It was impossible for him, or any man. to do any Feud , and t hat as his p lan would necessar ily eiwer thing else. He did not pretend to prediet, with . the value of money, it woeld depress the Sinking perfeft accuracy, what should inevitably happen ; • Fund , which w ou l d proportionally decline. Fie bat from the date he had male the foundation of ventured to avow, that if the Noble Lord geed on Lis mien:ens, he had proved, that the system was the principle of compound interest,. he would be ul not a mere visionary speculation, but was comae - t imetel y deceived. Su:h a propmelon as the No tent to meet every emergency, at least wis as much ble Lord's would di grace us in the eyes of all so as ally thing of the hied could be, where conti- lien , e. Franc?, already warned by her own a gencies might occur, which man could neither foie- perienre. when M. Neckar introduced a similar see nor prevent. The measures propmesl had ori- sys orh, would foreere, that a Country eEting on a ginatcd from an earnest desire to give an year of principle of Compound Loan, must be its a senors rest to the country ;it had not derived its origin and accelerating progress to destruetion. The from a wish to cultivate popularity. The resources Noble Lord concluded a very long a nd arduous of the country are great, and ha bad no doubt tha t s p eech, in observing, that the plan o f the Neble they would become greater. Mr. Rose Lee corn- Lord (Henry Petty) would not bear any comperi. merited at great length on the War Duties. He son with the present mode, and could only tend to felt the diffealky himself. It was idle to talk of embarrass the Stockholder, and disturb the public plans, at pi esent e which should infallibly be adepted credit of the Chuntry s lining peace. It was the wisest plan in his opinion Mr. CALLS considered the statement of the to wait till that event should arrive, and then to do Noble Lord (Castlereagh) very erroneous in many as the case required. Thous', the tear Taxes were particulars, and was shout to enumerate them ; when pledgee, and Gentlemen had disapproved of the Lord CAsTLEREAGIi, m explanation, said measure, yet, he would beg leave to ask, what sub- he had merely , stated the result of the three papee • stitute 11 id they proposed ? they had proposed none — marked S. K. and C. in the Noble Lord's (Henry and if they were not pledged, it would be Petty's) statement. necessary that other permanent taxes should b e Mr. GILES replied, that if the Noble Lord had pledged. There was one suteca, noticed by the taken the paper L. he would end, the: in his 'Ow' Right Hon. Gentleman. (Mr. Rose), and to which plan, he had made an error of no less a sum th en he had direaed his attention very much of late, 144,000,0001. in the calculation upon the Supply, and that was smuggling. He did not look, with for 20 years. Upon a complete view of the wnole pate& confidence, to the complete correetion of subjea. he thought the Not,le Lord's (Castlereagh's) that abuse. He warmly commended the vigilance plan, extravagant in the highest dime. .1 !- XI Mr. GIDDY made several observation. nano .he comparative Systems, in the c.sitee which, he expressed his approbation of the Sinking Fatal, as a plan highly advantavotis to the Country, and which should be supported with energy until the return of peace. After some short explanation between Loid CAS ILE/MACH and ;41..GILES, the Resolu tions were put sod carried without a division. The Report was then ordered to he received, and again taken into cmsideraten on Wednesday next. The Linen Drawback Bill was committed, ani the Report ordered to be received to morrow. rif third reading of the chans:s Police Bill was appointed for Wedoesday. L :rd De Du vale's Indemnity Bill was read a third time an pa sed The other 0. de: • of •he Day were then disdoted of, and at Two Vr ck the House a lourned. FOREIGN INTELLIGENCE. HCStII6I MAILS. zoseisozs, JAN. it. The Duchess of Weimar an J suite arrived here oek the rastant. in company with his Excel' y the Count Anspeus, Ru. ian Ambassador to the Court of London. Ph y immediately embarked o 3 board His :It sjesty's gun-brig Path... • die wind being now nesily North. they may probau.y sail to morrow. The ac •rinnts they hung are most pleas i-,g. The Russia. s have completely beaten toe Fieneh, and it is thought there is sec a Frehetznan left on the Polish side of the Vistula. THORN. JA/. 15. Private Letters assert that Grandest: is block-dati by a considerable corps of French troops. It to thought that the siege of this place will soon combs mence ; a number of peasants work at thro..ving yip • tntrenchmen-s round our city. Thu French Cosa neral of Artillery. M. de Vaultrie, arrived the day before yesterday. On the 2J of this month it was signified to the inhabitants of the suburb of Pratte. that they were to prepare accommodations for 11,000 men ; and to those of Warsaw for 15.000- Field-Marshal Kamiensky, acreeding to letters fr..na Warsaw, o: ti.e 4th instant, has biped a bowe Iht Grecian, where he iirends to establish Mis Head quarters during the winter. Ca SCOW. JAN. 6. The organization of the Polish battaliuus con. tinues; the number of troops which can be raise." in the ptovitices„ occupied by the French. is esti. mated at 50 or 60,030 ; they eap.ct with impatiens* the arrival of their brothers from 1,31 y. SIOWONSIASTO. JA 1. 2. Marshal Augerean has had his headquarters here for some days. The cessation which the re. treat of the Russians bas procured us, affards us some rnpire from the continual fatigues we have sustained. Provisions are not only scarce no the banks of the Vi,tula. but .•-n those are procured with difficulty ; we see no white bread. nor is the black very abundant ; the common price of a potted ' I of beef is halt a crow.:. •IPMNA, JAS. 17. The report is again circulated, that Brannan will. I* given up sp the Austrians. in the course ot sbe present month ; aec , .rd.ng t, intem<.nce films Up. per Hungary, 50,EM0 inf.:!. , ry, an.; 2 , ,,000 cavalry. set out aids hast-, towards the beginning of this morah, for Gslimit. It is said, that General Andresisgy, Ambassud at our Court, is on the eve of setting out for the Grand Aimy ; and that the first Secretary of Em bassy will condulft the affairs during his abreact. This news requires confirmation. 'AMAY', JAIL Q. The French troops will now go, for ei me time, into winter quarters, which have been assigned m Frage, for 1'2,000 men, and here for 15,000. STRALSUND, JAN. 11. Since the Rd inst. there hat peen a great trove. rnent among the French treops, and almost earl day transports ot prov:. n s and clothirg, pa:, from Mulenhurg to Ar.:l im, along the PtiMe nian border. For several days past, all the wag gons in the last menrim ed town have been leaded, and orders hale been given to the troops, tote ready to hreak .1 moment's wa: Ning. General Monier had proceeded to Stettin, hi. , .1 the 6th loot. returned. The troops under his command have been augmented, so that their number may now be about 24,000 men.thotigh of these, several regimenu ats sr. tinkled more in the interior of Prussia. The garr i son of Anclam amounts now to 7000 m a, of which one regiment is every night on piquet, in case of an at tack from the Swedish side. All siege aitillery large calibre remains yet in Ma-lln and Neucloster. Te bloody lux rages very much among the ench troops, whereby many are cut if. For the it sick. Lazarettos are established in the Mecklenburg 'owns, it. Demmin and Darghuu—(Stocbleite Peat.) JAN. The French, yesterday, went over it boats at Gtezkow, and took possession of the Ferry at that place. Troilius, Captain of the royal Sinauda: dragoons, immediately :titer ' with a small troop ot dragoons on foot, retook the Ferry (ahicS now lays on the Swedish side) and without finng a gun. In the dark of the night the French returned, and passed the river by boats at 'h- same phice, when they fired, which was vehemently returned by the outpost ot dragoons, while they retreated : 0 ells behind ths hnes• at the Ferry ; but when the Commander, Lieu& ant Haurd. observed by the light that they were but a mill force, he drew to wards the river, when the French. under a surr g fire from both sides, threw themselves in the hems, and retreated. Lieut. Haurd meets that one or two of the French are woun.'ee,i.ut, in ennsequei.ca of their speedy retreat, and the darkness of the night, he is not certain.—(lia.) JAN!. 17. At Gutzkow there was a fresh attempt made on the 13th, to take possession of the Swedish Ferry, when several s' ot were ezcha-ged, and one of the French boats sunk in the river. On the 14th instant, we learned that General ‘lortier was soon to break up with his whole army *ront the Pomeranian burden fnr Poland, and just ow, as the Mail is go;ng of, accounts are received that the said General marched yesterday afternoon with his himalquarters to wiudsFriedliA4 , - , -(1k 1 I