The British Press; or, Morning Literary Advertiser. — London, England, 1822-05-04 00:00:00

W I 3 v ~'.~i~. - ; ..4 _ Stature generations ; now they came to borrow the price of stocks, by keeping up the opinion floot , money to enable them to charge posterity Aith • the sinking fund• was sacred. That object, how- pertiou of the debt they were bound to pay them- : ever, having been 'Gard, the Chancellor of the selves. How were th es e propesitiuns to be town- Exchequer yielded to the genteel desire of the filed ? Besides, what contractor could * found to woantry, affected to be convinced by their aegis_ forego the use of his property for sixteen years be- metes, and now came downy/ids • motion of his owls fete a single shilling would return to hint ; and if der a reduction of mess. The gout of 2.200,0001. such a one could be found, mast not the public lose was not much, it was true, but it was no had begiu. • ell that he would gain t He thought much more eiirg for the Right Honourable Gentleman, and adrissible to trest with the Commissioners of the he hoped to derive considerable Geier a d van t age Sinking Fund for the payment of this contract, from that nest-egg. The question, however, was, hoe who would lay out the money to more advantage Net redaction could be moat economicallyeffected, MI it than in working the money at compound end whether it would not he much more so by 111hterest. lie concluded by moving an anieudinent taking the animate ut mice from the snaking thud, which ;would 'eve the Resolution thus;.. i than be the phin which the 'tight flonourable h That It is the epiehe t of this Committee that the Cos. Gentleman proposed. The Honourable Member ralbeiaaata of his mosirity'es Treasury should va•trart with he 'London (Mr. I'. Wilson) defended the plait, iter roisamissioaers for the Iteilesoptiou of the National Debt on the ground of the high tate of the stocks. and ter des ores which say be required." Mr. Climes thought the Noble Marquis was the possible chaise, of a war and other etteititgen cies ; and he would insure by this plan a prime doing a great benefit to the country by adhering so the original principle of the Pinking fund, which bent keeping up of the stocks to their present wee got that it should be limited to any particular price, fur the purpose of enabling the Governmeut aura, but that it should carry with it the benefit of to raise on advantageous terms any loan which the accuinuheing interest. The proposition of citcumstaiices might renier it necespery to 'argo t* preseitt Plan appeared to him to be as pieta seism. Res if that were an 'advantage, why was it isoisi simple as any thing could be. The Ho- trot tarried farther ? For the some ressen it would aaa,.bl Member foe Portarltngton (Mr. iticsrdn'i he advantageous to contract s loan ot present.-- mid it was en stuck on the sulkiest fund. He Stocks are high at those moment; suppose they were woold admit that it operated against the principle I° imwr°w 4 tti ooo ,°ool. and apply 'hem Itri" 1 " 1 1 of that fond—(Hear, hear) —inasmuch as for Use to any beneficial purposie, that of a sinking fond, i4'er term of 45 yeses we shall not be in so Moue for instance—they would this hare all the allvan. turtling • state sub regard to the debt. as we should boge of hissing raised a loan when the stocks were if it erre I. f to it. ordinary coarse. But it Ned hies, which. on the reasoning of she Hun. Member, 7as far preferable to the chance of bring obliged to en slang been urged from the other Ade that ins make • loin wh en th e y m i g ht he l o wer. B u t oninedtate reduction of taxation was oetessitry. sod that the country was so oppressed tiott lad they no unfunded debt ? Steely they had, ' it could not go on without it. If that post- to the amount of $0,000.000/. Why did they toot) were trite, as regarded the stite of the not fund it sore, since it could be done et such country, it was most material to endeavour to an advantage ?—'To take the anemia of teem, effect that relief ; awl if by this plan relief to the which it was proposed to reduce by the pre eatesst of 1,800,0001. could be given, if it would sent plan, at once from the siuking fund, would yo to reduce the whole of the leather tee. and part be a mode of saving to themselves all the profit ' which the c on t rac t or , wor ld t a ke bona them. Who etthe salt tax, and the house anal window tax, 'Only the country would be extremely obliged to were the parties that would be be off eft by this the House for agreeiug to it.—(Hear.)—As to what plan I--Those persons who were now brine, and ha heen said of the limited number of those who who• would have to pay taxes during the first °PAOLI be disposed to embark hi the viweulation, sixteen years of its operation. And who were the end the consequent necessity of offering an parties, that would suffer from the arrooternent ? Those who should live mid have to pay eases after. the affair, there was uo doubt et the fact that 'bete wards. It was a plan to borrow—to en sat borrow oere pantie' ready at that niorsent hamster into ing for sixteen years, and to pay whist was en bor. ' Ile cootroct without the smallest expectation of any rowed., with interest and premium afterwards.— eutesoutinery prolit. (Hest; hear —The ouly difference between this Ale. . eviesceinee thnnght t h„i ee , mo o o f t h e and all ordinary loans Will. that on 1111.3 1 11101 they proposition by the lion. Member for Aberdeen paid the interest from the commeirceinentoshereall wee attieet. and that the trammel of relief wh ic h in this case the osyment of the interest Mae de. isms.. Wended to produce to thecoestry coold b e /erred ; they would pay no interest during the first mornmeamemically brought about in the manner siltteeti years, but would have to ;lay all. both whits -he proposed, and be should therefore sup- interest and principal, in the subsequent petted port hit anseodment, of the term. Now what would be she effect of . _,.., Mr. J. MAIITIX SRA it appeared to him utterly totting the monist from the oinking fund ?- 1111116meible to reconcile with •aior notion of consist. Who were the parties that suffered by the *biking ' ,„„,,,, th e con d uct of the Chancellor of th e E x . hied ?—Those who, were living mid paid the taxes 'tempter in . bringing forward the proposition now during the first interval of sixteen year*. Asid rho before the House. which was in fact nothing more mere the persons that were relieved by the operation ttmot a scheme for purchasing anuuitiee at au extra. of the sinking fund ?—Thiele who should live after ',agent premium, while it was notorious that the Mardi. The Noble Loot (Londonderry) proposed Mehl lion. Gentleman, under the power given that the sinking fund of 5.000,0001. should be left him' by a former Act of Parlamenti, was at this very ' untouched, to go on accumulating at composuiel time granting ansouitits on woos so low, that none interest, so that at the end of Ito years it would of the annoity offices could compete with the Go• amount to 8,000,0001. During that period no taxes vernnsent.—((lear.) were he remitted, that is to say. the interest of Mr. ['meats° said, he believed they ell agreed that fund was not to be given to the public in the online one point. that it was desirable to relieve the shape of relief from taxes ; but as the cad of the ceuntry horn taxation as far as it could be done. ten years the interest of the 8,000,0001. was to be /Tie subject for their inquiry therefore wee, what applied year after year to the reduction of taxes. would be the mint ecooomical mode of obtaining Now the plan which he (Mr. Brougham) and his that end. It had been sheen that the contract us.- MA. Friends propokid was, that the whole country der catisideratioa, could not possibly be made on being under the pressure of calamity and disteers, very arleentagemes terms; aid whatever bonus until it could better afford to sustain the ("harp might be necessary to induce persons to come into thee it can at present, no such sinking fund shoed Inc contract, would be so much fuss to the country, be kept up ; that is to say, that it should not be Comparing she simians. of the country at the aid left to accumulate at coinpoud interest, but 'should of 45 years, supposing the plan to be Wowed, he applied to the redactions (sleazes. until we could with what that situation, would be it' the proposed afford to return to the principle of enaspouud into relief were given. by taking the alumna from the rest, and the legitimate operation of the sinking *whim' rued, lie would assert that the country rued. But, it being admitted that • sinking fund would be placed iii a better situation by taking must of necessity he kept up, what was the prefer. K f rom t h e staking farad—(Hear, h ear , h ear )— able mode of derising benefit from its operation ? rod the relief would be precisely the same. Which was the preferable sinking fond. that of the lie confessed himself en enemy to all complicated Noble Lord, or that which lie (Mr. Brosoglootin) pro. ecnemes, and whenever thew was • plaits sod direct Posed? He had already stated what the Noble Lord's coarse that would lead to • desired object, be did sinking fund was. Their 1.1011 (that of Mr. IL rod nut sec why a crooked pasts should be chosen. The his friends) was, that instead of leaving the sink: plao of the Right Host. Getaileman was more stir- mg fund of 5,000,0001. to accumulate at coma as pound interest. the simple i n terest being 250,000/. esitems, hat led ultrnietely to the same thing, in...direct takiog of (lie 2,400,000/. hum the souk- • year, should be applied in the reduction of ,rig rued, taxes to tied amount mnially. So that. at the Mr. 'l'. WILSON said it was impossible for the end of len years. they would leave remitted tames Hess Member for Portarlingtou (Mr. Ricardo) to to the amount of 2,500,000/. During the smith quake its, calculations as to the difference of effect ten years, they would hare remitted a like amount Of (*leo plans on the situation of the country a t no taxes also; so that their sinking Mud at the end die end of 45 )•ears, sealers he could say what would of twenty years would have motive." 5,000,0001. lee the price at which stock would be purchased of Faxes. That of the Noble Lord, commeate. no the mean time by the Commissioners for the re- , ing only with the reduction of 400,0001. at the domino' of the Notional Debt, The breaking nut end of ten years, would, et the end of twe n ty of • ear. .or any other occurrence that operated a i veers. have remitted 4,000,0001. of taxes only, fall Wl* feuds, would greatly change the fete of The Noble Lord then sacrificed relief to the pre the contract. as in that case the contractors would sent ,generation, wholly ea far es regarded thos e lose greatly by their undertaking. If the House who paid taxes in the first ten years, and partially, oohed to support the finance_ of the country, an d as tegurded those who would have to pay the motes, these measures which would best lead to economy kin the second men years. The Noble Lord'a plea sed 'edictal' of taxation, it should be cautious of world overtake his (Mr. B.'s) about six years after moletiOg the principle of' the seakitig fund. He wards; and after that time—after the first 26 years, looked forward to such a thing as a futei e .the plan of the Noble Lord would relieve posterity operation for the redoetion of the four per Sleets. to a greater extent shuts In., because his (Mr. B.'s). which could not however be done without the would have applied itself partly to the relief of the insintenanceof the .inking fund. He was as de- present time. That plan of the Noble Lord's re. woos as others could be that the Country should soectiog the sinking fund was perfectly intelligible ow relieved as much as possible from taw and coosioeut with itself: the Noble Lord sacri e tom ; but lie was sore that Bey method of effecting ticed the relief of the present period to that of ot which would trod to Juke the public credit, or the future generation. But how far was that coo.' a loosen the public faith in the stability of the .instant with the plan now brought forward ?—(Hear,) fondle would do snore barns to the country, mud It oat whr.lly opposed to it.—(Fiesr.)—lt was to the agricultural ioterests ill particular. taking 2,200,000/. for the relief •uf the present, Mr. Baouonan said, hr could see no way out- period, cud casting the burden on those who cents of the dalenstua sit which the eb e ervatio u of time afterward*. 16 years hence. By this plan we were. Non. Member tor Tewkesbury (Mr. J. Martin) to pay 2.e00,0001. a year, during the whole term placed the Chancellor of the Exchequer. A t th e of forty-tive years. That was less than we should' browsing of the Seseiute when be (Mr. Brougham) otherwise have to pay in annual charge during ord those out his side called night after night for the first sixteen years; then it because equal ; . a deduction of t a xes, they were told it was tonpos. and utter that it wo u ld b e • `teat deal • more „Or. because t h e 1 ,,,,,,„ e rate of taxation „ new than would otherwise have been to he pied. eopeney. in n oj e , to keep up t h e ~,,kn ig h a w . Coosermeetly It waive relief to the I'S years. Rhode. t 16 Moe. hoeseier, they were told that they could re. purchased at the expense of an ethlitional burden dlobee t,000,0001. of times; and t h at the former reit): 10 those that were to come oiler. ft was S n ak i ng. ✓otswes way to answer a taelparary purpose, and that these who lived in the subsequent term pay more redo the negoutsoion 'seas going meter the reduc- thou they otherwise 'mold, that we fur 16 years to I. .anise A per ceistnie ere Pei:wary to keep op cause IMO joy lass, 'rboothe Noble Lord's two ~. ~ (. , schemes went 'its aurn ; dete etititradierren one to the other.—(Haar, beer, hear.)—lle wished to loot it to the House in another way. The que— tion *is, IVlnst terms were they likely to have? Li the first place,. the novelty o 4 the plan 'mild raise the market sgeiost it. In order to iii. Gore men to take a species of b groin never heard of before, they must be Indies{ by • hate booms, which must be paid by the country. In the case of • proposal for a loan in the ordinary Ivey. the mo nied man was ready fora trifling advantege to make his advance.. because he knew that hie profit was to begin almost immediately upon paying down his ma- Hey. But it was quite stliffereitt case when a person was only to begin to receive hi, peat, at the end of sixteen years from Ihr COnCIUIIIOII of the coutrect.— Ile entreate d the [louse to consider whet must follow. There was no &file:illy in treating for a loan on ordmary occasions, because every one knew how it monster!, that the profit began as soon so the money was p:1111, and that he should have no difficulty in disposing of his tuaniesn in the market, if he grew tired of it. He by ' no means intended to assert that the Right Ho. i noontide Gentleman would not find purchasers for hi. loans in this inotance ; he believed he woold, but the number must oecessatily be greatly dinii ntstied. There might be a few large camtellos, who were at • lots fur the moment how to employ their capital, who would be svilliug to engage in the speculation. Of private iudtviduala, very fen would do it. Every body knit, - in the case of tontines how tlifficolt it was to puff them into any degree of credit. Those persons who wished iu provide fur •n increasing family,' by laying out a sum at the birth of a child, to lie by and form an increase of income for the period of some years to come, ought perhaps be inclined to do it in 'hie way, but there were very few person. indeed that would du it. The market, therefore, would be much re,tiicted, and the Right Hon. Gentleman must pay fur that restriction. Ile mast bribe persons to take it. He cared not how it 'mold br done; whether by ex tending the term beyond the period at first pro posed, or by making the annuity greater; either way some advantage must and will be given ; and who was to dray foe it?—the country. The country would have to pay whatever bonus the unknown and solicited-of nature of the loan would render necessary to tempt the contractor into the engagement. The simple and obvious way to avoid The expense of an extravagant premium, was to take the sum required from the sinking fund year alter year. The country would then have all the advantages which most otherwise be given to the contractors. He could not help again suggest. ing the absurdity of the twofold scheme of the pre sent plan and the existing sinking fund, and the misrule - th.t most hereafter attach to the House if it 'auctioned it. It was pinching ourselves to risible tie to lend money ; and at the same time borrowing in such a manner as would oblige us to pay an extravagant premium for the loan. It was lending money at an advantage to the borrowers, end at the came moment borrow ing with advantage to the lenders. Thee we always contrived that the advantages in be gained in every operation. should accrue not to ourselves but to the contractors. If any private individual were to apply such an operation to the management of his own private of acre, lie (lfr. Brougham) 'should say that, instead of going to Ins own family re sidence, le ought to he transferred a. speedily as possible to Bethlem Hospital. On these grounds lie should support the amendment of his Hon. Friend the MeMber for Aberdeen, to compel the Right Holioureble Gentleman to take the sum from the sinking fund. , Time CHANCELLOR of the EXCHEQUER said it eras one great advantage of the preeept proposition Ithat it had for its object to gain a great advarnage, ihich both sides of the House united in consider ing as most desirable td he obtained, though sonic difference of opium's had arisen as to the brat mode of effecting that object. In the opening of the Session. both sides of the House took a decided line of conduct alto one of the means which were pro. posed with a view to the attainment of this purpose. The Honourable and Learned Gentleman con tended for relief from taxation. and that the amount of the proposed relief should be taken from the sinking fund. He (the Chancellor of the exchequer) contended for the inviolability of the sinking fund, at necessary to the maintenance of the psblic credit, and the faith of the country in the Goon-int attentions of the Government. The Hun* had sinctioned those principle., end had thereby secured the easy performance of one of the greatest financial operations, that had ever siistinguirdied any age or any notion, whereby the country had been relieved from 1,500,000/. of taxes; an operation which could only have been earcuted lit the most perfect confidence of the pub lie in the inviolable adherence of the Government to those principles by which public credit was main tained. In order to give additional relief to the country at a time when it seemed to be labouring under its greatest pressure, the present plan was proposed', whereby, instead of waiting for the result of dm slow diminution of a charge of 5,000.000/. ottlse4oso of about 150,000/. a year, a remission might immediately be obtaineduf about 2,500,0001. The Hon. and Learned Gentleman mid, it would be relieving ourselves et the expense of posterity ; and that at the end of 45 years we should be more in debt than we should have been if this charge had beets left to work its own gradual extinction. and the amount now proposed to be remitted hod been taken at once from the sinking fund.—[Mr. Brougham. across the table, " I said you will nave paid more."] As an arithmetical calculation. it was undoubtedly tree that we should ultimately pay more. bat we 406111 Its*. a more equal division of the burden over she whoie term of years. It was also true that the first 16 years was relieved at the expense of t be litter period of the term. because the latter would be charged with the interest of the sums borrowed in the former period, and of that pos terity would have but little right to complain. after the great exertions mid sacrifices of the present gmeration to secure to them the pos.. session of the advantages which we had derived from our late exertion's. The Honourable end Learned Gentleman, had entered into • calculation of. the operation of his own eitiking fond, and op posed it to the operation of the Government sinking fund. The Hou. and Learned Gentleman had but. hide right 10 complain. either of the protracted operation of the sitskitig fund of GOVerinneill e or t 1 .t ll* . present anion was s otroini snick 'oil tKe sitikin4 fowl, %she', he bid himaeff larelw"l'd to do •wor with the eitiknog fund altogether. Toe lion. and,. Learned Gen't Irma Ws own progression, however, shelved that within the period of the ope- I anon of the p-eartit fblson, lite sinking fund of the Government mould brcome more elglelnliVrly In its operaben of relief from than his own. But what would be the effect of the Ilion. and Learned Gentlentsio's preolit proposal of taking the amount of relief to he given how) the sinking fond ? They had now a sinking fowl of 5,000,000/. appli cable to the redemption of a debt of 800,000.000/. That sinking fund, by the proposition of the . Ho n . and Learned Grottlemun, would be dinlionalwA to half of its present mount. They hod also in the charge, which was the immediate stillject or their comideratiou at present. a diltiom portion of debt otuoutiting to 3. 000 . 000 . which would gradually extinguish itself in forty-five years. If by the present filen % they could hike 9,500,000/. Isom the present burden of this dead exotisre, and pay it in the latter period of the term ; they would have that debt equally extingtoianel ; but they would also have the sinking fond of 3,000,000/. to creased by the aceunsulation of c p I interest for ten years to 8;000,0001. instead of being rhluced to 4,500,000/., and they would also hare it operating more eztentively in the rt- Auction of taxation than the sinking fund of the Honourable and Learned Gentleman.' By his (kir. Brougham's) plau the amount of reduction effected at the end of ten years would be 4,800,000 f , at the end of twenty years. 5,000,000/., and the end of thirty years 10,000,000/. By the plan of his Noble Friend, the same sinking fund of 5.000,000/. would he accumulated , o r the first It'll years, at which period it would astioutot to 8,000,0001. and then commencing the operation of reduc tion, it would at the roil of thirty }ears have reduced 14,000,000/. of lager s belng 2,0010,000/. snore than that of the Hon. and Learned Grote man in the same period ; and it would exceed the amount of the reduction effected by his plau 1,500,000/. in every succeeding ten years after that period. But the Hiottourable awl Learned Gentleman lied omitted to notice the amount of the taxes that had already been reduced. By a paper on the table of the Houar, it would be semi that there hod been remitted since the conclusion of the peace, tales to the extent of 20,000.000/. He had only to add, that there was not the smallest reason to suppose that there would he any omit of persons to antsbark in this speculatum ; un the contrary, it was to be expected that there would be a full and liberal competition of adventurers. ' Mr. BROUGHAM said, in explanation, that the Right Hon. Gentleman woe mistaken iss supposiug him to have proposed a violent and final destruc tion of the sinking food. Ile only wished its ope ration to be suspended during the distress mid suf fering of the coJutry, mud to be resumed when ever the country should be restored to a soffici , citify flourishing condition. Mr. J. - P. GRANT professed himself quite unable. notwithstendiaig the discussion it had undergone, and the explanation of the Right ?Inn. Gentleman, tocoinpieliend the details of his plan. Whatever dif , ferenceuf opinion might tint as to the expediency or shendonitig the princtple of the sinking fun/ alto gether, it could nut certainly he questioned . that the remission of taxes was ao object which it was esseutial to obtain ; sad the only question was whether it would be best effected by taking the amount from the stoking fund, or by keeping up the sinking fund to operate at compound iuttrest on the one hood, and 'granting annuities at com pound interest on the other. And he confessed he was itsclined to give the preference to the former. Mr. JONES mid, the impression on Installed, after all he had [lewd upon the subject of the plea from the nue side sod the other, was, that it was a sort of riddle, the secret of which every body seemed to understand, but had not the power to communicate to others. He hoped if the country were to lime the benefit of a remission of taxes, it would be by the remission of a tax io the whole, by which they would get rid not only of the burden of the tax, but of the expense of its machinery. Mr. Innis Known& supported the proposition of die Chancellor of the Exchequer. Mr. H: G. BI NNETT contended that the public had a right to relief from taxation to the amootit of the nuking fetid. The House Awn divided For the Amendment Against it Msjority CATHOLIC PEEN!, On our return to the gallery we found Mr. CAW. Nino moving the second reading .if the Roman Catholic Peers Bill, which was fixed for Friday next. The Warrant of Attorneys Bill went through • Committee, and aftrr some discussion, is which Lord Stanley, Mr. Setjeanst Onalow. Mr. J. Smith, Mr. Sykes, and Mr. B. Wilbraham took part, the Report was agreed to. The House then resumed. GRAND JURY PRESENTMENTS—(IRELAND). Un the motion of Sir J. N est' roar, a COROPitteo was appointed to consider of proper regulations for the Grand Jury Presentments in Ireland. in order to make • more equal application of the rat e s col lected, and the Reports of the 41st of May and lOtli of Jour,. 1216, were ordered to be rekrred to them. SANK CHARTER, Mr. GIIIENTILL moved for the correspondence which had iis•sed between the BAC k of England and his Majebty's Goren' wrist On the subject of renewing the Bank Charter, which, after a kw observations from Mr. LIJSHINOTo , Mr. J. SMITH. and Mr, W. Sutra. ems ordered. ALIENS. On the motion of Sir K. WlLsou, ■ return of the number of Aliens in England was ordered. The other ().der* of the Day were then disposed of. and the House adjourned at s Quarter to Ele veii o'Clock. In the published accounts of the Treasurer for the county or Leicester, a statement appears of the profits arising from the employment of prisoners in the mill et the new House of Correction he one year, which is stated at 9061. Ills. 9ii. Theprofits are a mere nntlinig compered with the tirtres of the treading null. which he. at length become the dread dr the idle sud dissolute. • S 1 ..,.. V , v% MAJonirr 01 LORD ISOTIoq FOR R !IMMO C't ivtrigarraiosmizam. WITH • s•L•IY 0I 51.30, 4 YIN* —.NAY S. Mimi, J. H. rained, R. Phillips. G. A tthurp, Vise. Fellowee. W. H. Poen r. R. Asiiiiii, Hoe. G. Guise, Sir W Pootret, Han w Amami. Si, Goo. Groa►rsor, Hos. R. Priitie, Hoe. F. Artnid, sir T. Graham, S. P. yee, Pry.. Arehilall, Geo. Grant, J. P. Plumber, Joha Au try, Sir .1. Grattan, J. Polltri, Sir J Illutelt. Mr Thos. Greer. 1., P. Robiosos, Sr 6 Barnard, Vise. Griffith, J. W. Reandes, J. C. Barrett, S. U. Gamey, H. Railway, Sir A. Beasimusi, T. W. Gipps. G. Rice, I'. 11. Becher, W. W. Gaskell, B. Ricardo, D. &Iciest., Vise. Hetehinsitu, Hos. Iltirklard, Iv. Bennett, Nos. 11.0. CH. Ridley, Sir 11 W Beige., B. liiimilion, Lord A. Roblin, A. W. Bernal, R. Haldissiawl, W. Reinhold, C. Birk, J. Heatheote G. J. Rineettaard 1, Brig. it, H. linos, Sir R. Rusiall,4. U. Beechey, Sir J. F. Hobbouse. J. C. Rowley, Sir W. Burden, Sir F. Herlihy, E Roger*, E. Barr, Vise. Fische', W. L. Ramoinaiem. Lba Brig. Geo. Hume, J. Stanley, Lent Bagwell, Rt. Hs.W, Ham, R. Searlett, J. Butterworth, J. Handby, H. &tut, .1. Illeir, J. Harvey, Sir B. Seudamors, R. tialikes, H. Ficiiheat. Lord Smith, R. B•nrtt, J. James, W. Swink, Wm. Blake, Sir F. Johissia, Colossi Smith, G. tiooglitoo, Sir C. R. Jer►oiae, G. P. Stewari,W.(Tyrose) Bastard, C. P. Reseed', T. F. Stow, Lard J. Cliamberlayae, W. Illsmiebbeil, Sir E. Sykes, D. Calves t, C. Keck, G. A. L. Scossaald, W. Carew, R. 8. Latooche, K. Sehricht, Sir J. Carter, Jobs Lamb, Hos. G. tawlley, Sir J. Cavendish, Lord G. Laskin's, J. G. Sutheroa, F. F. Cavendish, H. Lascstose, J. H. Ta►istest, Melba Cavendish, C. Lemma, Sir W. Taylor, C. Coalfield, Him. H. Lloyd, Sir E. Taylor, M. A. Chaloser, R. Lessard, T. B. Ttersey, Rt. Ha. G. Chin" Vise. Lushimpon, 8. Tye'', C. Cyan, Sir I. Leycester, Ralph Talk, C. A. Coke, T. W. Lockhart, W. E. Talbot, R. W, Coffilarse, N. FL Lucy, G. Tremoyee, J. H. Csavasaris, L. Leiser, B. L. TioctilielJ, ling. Ceissapiam, Sala. Lasky, F. Whitbread, dL. Cee►►ey, Time. Lethbridge, Sir T. Wane, J. A. • , ehllplhi Chu. Illabetly, - Jultio Wane, 6. Cheiwysil, G. Moberly, W. L. Western, C. C, Crowley, Sae. Macdonald, James Wallows°. Caltkorpe, Nos. F. Mackintosh. Sir J. Williams, T. P. Gown, IL B. M mahout, Admiral Williams, W. Corbett, P. Mai had. William., John Cole, Sir C. Mink, Hon. W. Wilson, Si, H. Corona, J. B. Mazirell, J. W. Winoinztoo, .S.r t Dr Creepily'', SirW.Milliank. M. Wood, Aldet Alia Dairies, T H. Nowt, J B. wpm, M. Denman, T. Moore, Prier Wilberforce, W. Ibuidos, Hos. T. Morjoribiniks, S. Wortley, T. S. Deoison, W. J. !Norval., .1. Whitmore, T. Downie, D.A. Mahon, Row. S. Whiostur,'r W. Danoporl, D. Newman, R. W. Wod•liwiter. 1. Dowries, G. Neville, Hon. R. Wilmot, J. C. RioringWis, Vise. Newport, Rt. Hos. Wells. Julio Ellin, Ed. Sir John Ellis, Roo. G. A. Nugent, Lord TILLSIIII. Evans, W. OVailnins, J. D on, 1 . ,11r. Farquharson, A. Ord, W. Norniaohy, Vac. Ferviusim, Sir R. C. (hboroe, Lord F. Fitzroy, Lord C. thog6tos, Lord PAIRSO ore. Fitzroy, Lord Joh. U'B,ies, Air E. Wile, Lake Fokv, T. Palmer, Coloucl Willuss, Walla , Folkesione, Vise. Palmer. C. F. %Lessens, &IL X • Praukland, R. Pam, Thus. Ellison, C. French, Anion Peine, H. Dada, C. Forbes, C. Pelham, Hon. C.A. Cornett, J. C. Fain, John Phillips, G. R. Ahareroinhy,Thi.J. FOREIGN IN lIILLIGENCE. PARIS PAPERS. PARIS. APRIL 30. A prints letter states that the Auitriau Cabinet. received on the 41st instant from Conatentinople dispatches of a bature so important, that they were immediately laid before the Emperor. M. de Met-. ternich immediately sent off special me.rengrra to Paris, Loudon, and Berlin, and the report was cir culated at Vienna that every thing was finished with the Ottomans; that is to say. that hostilities were about to commelice.—(Cmatirvrionsel.) • A letter from Frankfurt. of the 46. h instant. states that intelligence had been received of the ar rival of the Emperor of Rus.is at Minsk, where the Imperial guards were stationed.—( ldes.) Baron Pasquier has set out fur Italy on a mi.- sion.—(ldem.) Letters from Montauban (Tarn et Garonoe) of the 23d instant say. 44 After a long drout,eht,• mild and penetrating rain has watered the country, and revivified vegetation, which had languished under as ardent sun. The appreheusions that had been entertained respecting the harvest have been dissi pated by this fortunate change of weather, and if uo disastrous event happens, we may hope fur an ahuudance of the principal fruits of the earth. The meadows have moot suffered from the drought, and will produce little hay this pur; the pulse sad trait-trees had also suffered, but appear now to promise sufficiently. It is expected also that these will be a sufficient supply of wine." Faaacat Fox oc—Five per Cest. Coevals. greed f. 80 c.; lowest, 87 f. 50 c.; close, 87 f. 80 c. Exestaanx or LONDON..-00e Month. IV.; Timm Numbs, e 4 r. c.,--(Corrs Autherseirse.) THE BRITISH PRESS. LONDON, SATURDAY. MAT 4 MC A Message from the Crown was communicated last night to the House of Commons, in which lips MAJUTY was graciously pleased to acquaint the House that he will give directions that the seldry of one of the Postmasters-General shall forthwith be discontinued. The present officers OM 11,e Marquis of SALIIIIVILY •nd the Earl of Cut- CMESTSIL. But hie arIIAJESTY postpones the sctosl ebotition of the office until he shall have the opportunity Si considering what permanent arrangement msy be advisable for conducting the business of that do pertinent. - • If we could rightly catch the feelings of the House of Commons upon this subject, we should say that the House in voting the Address to the Crown - did not cootentplate the necessi.y or expe diency of . alteriog the existing arrangement for condactiog the affairs of the t'ost•ofice bayou %/1101.11Mr, r. 0.011610 a, Lurd PAIRSO Oft. ba Willies, Sir E. Mite, Lake Palmer, G.ilooel Wilkins, Mawr Palmer. C. F. Western, Ron. S. Peres, Thus. Ellison, C. Penile, H. Rued's, C. Pelham, Hon. C. A. Comets, J. C. Phillips, G. R. Aborcrointiy, lin. J. - -• - IGN IN IIiLLIGENCE. PARIS PAPERS. • PARIS. APRIL 30. 'tier states that the Austrian Cabinet. he 21st instant from Conotootinuple a swore so important, that they were aid before the Emperor. M. de Met-. liatrly sent off special meoengers AO s, and Berlin, and the report woe cir- 'wigs that every thing was finished mans; that is to say. tl•at hostilities conamelice.—(Coasfihrtioitart) • rim Frankfurt. of the 26. h instant. elligence had been received of the ar- !Anperor of Russia at Minsk, where (ward' were stationed.—( Meng.) luier has set out for Italy on a ans- .) m Montauban (Tarn et Garonoe) of it say. " After a long drought,• mild rag rain bra watered the country, sod etatiou, which had languished under • i. The appreheusions that had been specting the harvest have been dorsi- fortunate change of weather, and if uo tnt happens, we may hope fur sn the principal fruits of the earth. have moat suffered from the drought, ice little hay this par; the pulse sod d also suffered, but appear now to iently. It is expected also that their cient supply of wine." is —Five went. Controls. ginned at f. I. 50c.; close, S 7 r. SO c. 05 Lontios.—Ore Month. OF; Timm Annentiqpie.) IRITI S H PRE S S. -; - LONDON, 7URDAY. MAT 4. 111112. • from the Crown was communicated the House of Commons, in which hat graciously pleased to acquaiot the le will give directions that the salary Postmasters-General shall forthwith led. The present officer' are, the SALIUVST and the Earl of Cut- -I.IISTT postpones the actual obotirioa nail he shall hare the opportunity Si hat permanent errangemeot may be conductiug the business of that ' d rightly catch the feelings of tier onions upon this subject, we should s' House in voting the Address to the of cootemplate the tieceirm.y or nye- leriog the existing arrangement far - be affairs of the Post-office beyond •• ,