The Sun. — London, England, 1823-03-01 00:00:00

• • .• 413;7&0,0001. At the end of the see en• • years, what became . off .t Sinking Fund ? Where could theYitnd its attributes of cer litinty and permanence ? It wa* true the flon.,:hleinber looked forward to the resources which 'would follow remission of l easei fur seven pure. Such an effect ihr follow, but was it that species of certainty on which the pl go-ef Naimoli Wits seeured ? The Honotirable Gentleman, by adopting what he was pleased to call his substitute, would send them, at the ma of the seven years, fishing in the great ocean of revenue, heat whether to catch*. whaleOr .41, herring, ,he could not possi .DlY ascertain.--(A :laugh, and hear, hear !)= 7 -/f, therefore, the proposition of the. Honourable Member was from the very 'na ture of its operation the very reverse of his assumption, there was an end of the two concluding resolutions. But even were the assumption. well founded, he (the Chancellor elf the' Exchequer) had great doubts as to die propriety of its adOption. The Hon. Member had argued that by affording greater fatal tin to purchasers the reluctance that existed would be obviated —that the lethergy which accompanied the operation of the present Act arose from the onerous conditions which it impoeed on those who bought. If the House looked bac k to the state of circumstances under which that measure was tint proposed, it would find the very, reverse of the situation in which we no w stood. We were in the middle of a very expensive war, coin iled to raise annually, but necessary loans on very ruinous terms. The plan was broughtforward ? not with the view of relievingany particular class of the community, but for the ptirpone of counter acting those causes- which were producing and had produced a very considerable depression of the public funds. It was an effort wide to.raise their price in order to enable the public to borrow more advantageously. It washoped that such en arrangement Would give a progressive improvement. The 3 per cents. were then at 44—they were now at 73. • The mere statement of the diffetent circumstances of the two periods accounted for that re luctance, and that lethargy which latterly accompanid its opera tion. They demonstrated the absence of all those motives which could induce fundholders to become_porchesers,—(llear !) The lion. Member, however, conceived that I ,dl the obstacle* to it-s ?pick progress arose from the reetiictions.imposed by the Actor Mr. Pitt, and he thereforeeuggested that those restrictions should be done away. 'Mt n° first place, it merit on that prestimption, be admitted that whatever advantages were comprehended witbe in these restrictions,' would be lost to the public. he placed; ice great stress on that part; as Oions of greater weight presented: themselves to the manner in w hich it was intended the plan should be brought into operation. The first option of purchase was to proprietor of theland ; should he not be able, or not feel inclined to redeem, he has the disagreeable alternative euspended over his head, of-a stranger, an individual unknown in his district. or cennty, without any local connection, some perion, perhaps, from 'Change A Iley;'poesessing a clam on his estate. Now that the Land Tax was made perpetual, he could. not but.coneider that such as power, even without additional advantages given to a stranger over the estate of a person who.would not or could not 4Cquiene in the terms of repurchase, a very great hardship on the landed proptieton—illear, hear bee-The Hon. Member would, M order to create inducemente to purchasers, put the stranger on a better footing than he was placed by the Act of Mr. Pitt— [No-.-from Mr. Maberly, on the name tooting—five per cent. in the event of repurchase.l—But was there not an extension of qualifications, independent of the five per cene—qualifications, which appeared to him most objeetionable ? Hon. Member w hilted to male:his proposition so palatable as to induce strangers, large bulks, and public companies to dabble in the specule tion. He would place a mere stranger, on the ground of such' A transfer of stock, on the same footing with the Magistracy of the Counties of England. lie would allow to any casual pur chaser the., same rights in qualifying for a seat in Parliament, as the resident landholder possessed. From considerations of v. much more elevated nature than those of finance--that was a ding! in the construction of society in this country, and to most ajectionable, and which he could k not sanction by his support. 'Thinking the alterations most objectionable, having, heerusted, proved that the beide of the Resolutions was at va riance with thdeubstitute proposed; be should feel it his duty to move the previous question on the first eleven, and giv a decided negative to the twelfth. - -(Hear!) Captain MAliklllLY had come down to the House, in the expectation ofd-bearing something like argurnente from the Right lion. Gentleman, against the practicability of the melt. attro i proposed;by his Hon. Relative, But he was eurprised to tind. diet the teliservations of that Right Hon. Gente had chiefly been t.onfinede , to the objects of Mr. Pitt's Act. The lion. Member gave tedescrintive outline of Mr. Pitt's plan, and . then vent on to contepil that the country would be equally able to steeply revenue at the end of die seven years under his Finn. , F.4etivehi plan. as under that of the Sinking Fund of five eelliireva All that was asked was, to give lip thie revenue for seven yeas, and by those meanseo get rid of the bickeringe and ttetterellinge, and confusion betwixt landlord and tenant, grow mg cut of the extreme distress which ufflicted both parties.— 'aere was no intention whatever of affecting the principle et' uho Sinking Bond. The plan of his Hon. Relative had, to him, many recemmendations ; and amongst them it was not the leest elute It would prevent the Minieters from layingliands upon tee leisiking Fund for the period of seven' yeare at least. ft had elready beer. seized three tunes, and' an obsequious Parliament scull; al ways •be too ready to grant money of this kind where teere was not it necessity of making fresh impose~ on the people. itie objection was not to a Sinking Fund in principle, but he gjecteel, twit bemuse it was impossible to tie it up.—(Hear.)-- There was another point of view in which the plan was most dreirable to be adopted. lie was aware he was about to allude te a delicate topic, but he would briefly, say, that whatever f;:reign negocietions we were carrying on could not fail to have increased in weight, if supported by showing to those Govern :r-ents; that independented a Sinking Fund opperating the re duction of our National Debt, we had a surplus revenue of seven minter* At our dieposal. The flimourable Member con elewhe!. by repeating that he hail heard •no argument against • tile proposition of his Honourable Relative, excepting what he NI refined, rentl he trusted that the House would give it their a. oft. r. RICARDO said, that he aggreed with the Right no, ;Amebic tiehtleman opposite, that the plan now proposed to the House witth quite different in principle from the Resolutione Aver! in 18111. But although this difference existed, that Wee rte. a ground for rejecting the proposition, because it reeteht have merits of its own that deserved attention. If it were Oopoeed that the Tax redeemed should be paid and cancelled, tteetnite, then the object of his lion. Friend would be acme. felfod. But' If there were to be receivers ape tinted, and the motel watt to be handed into the Bank, then it was in reality only n trensfer from the Three per Cents. int a new Stock-. which the transaction itself would create. If the imminent wee: to be left in the same condition as a mertgagee, without tee ietervention of the Government, then there would he no rib. jectien whatever to the ohm. The Right If enottrahle Chan. edict, of"the Exchequer had talked about t;,e .baniship yf a Stranger coming npret the state of the proprietor and claiming en interest. For ' ins own part he did nut nee the. great hardship ortLin, and the Right lionourehlUGentleine» seemed entirely v forget that there was, meler the present :.ystem, a claimant 14 ate shape •,6f a tax-gatherer, who was net always the most pieseant and agreeable eistitor, that could be received.—(A level-44—Tc the pioc were . put upon proper grounds, it would i.ft..-et the tc%inintniee of the -national debt, mid effect it by the reverie he better! inuelt at inert, !timely, a _contribution of pro eesey. The ' proposed'. intiaeure was certeittly not a substitute ter t.te stinking thud, fot- it was nething,likr twee!) respect to the sinking fund, he was prepared to vote foe the remission of taxes to its amount; but he could not vote fur die redumine oaf 7 millions„.because. he could not vote for mere than he conecientionidybelieved the amount of the Sink ina fond to hi. 'The. Right lion: time Chancellor of the Ex cieeetier .had.indeadesteted, tits sterplas revenue to tie' seven mi,hotis • but if , • .04.6i - eI:RA' :that canilOar which,gererati rt:arpttehertilzhim, muemle that two:millions of that stun. !Rein horrowed fry - t .tine public , hy the measure which related e payment or i,he 'Petteleilee lend deed' weight. - He could net veto fer rekold thine as sha • y 00°a q -because he eliel .not,eiiOtt, thateseven eenk,l lit! reduced ; but.if hie Hon. Friend would Ater the amopnt te five riiilliorra he should haVe his decided hieoport.-e( Hear; beni; hear It-elf - the lloitee:wtaild 4,11 aw him, lie evoold eeplain his views, tie to what he, thought to. he an uniting.-Fund,,S An efficient . Sinking' rued, in the opihiori of 'runny Honoutatilh Frhindteareuild hint could` not ettist;•'While•yaia inc eased the debt. Now, Ise did not egtee to, this doetrine.. Pitt in. his financia l :operations, c ar 411 ho'incr*ed the debt, bad an efficient Sink ing Fund. Whenever he raised it loan, hi provided a fund tor its rstinction. This Olin could not, however, be sustained; be caug.t thelo:.tns for carrying voile ,war , eecesseeily beca»ie so greet- If the country had beat nt 'peace within a reasonable Alma, tail theloahs which Mr. Pitt contracted would have been ~provided,for! white was the fact wide regard to the.,Sitili. leg Fund that had Inter! provided ? The Chancellor orate Ex obequer eatee down p, the. Hew, mei took away eight milllotig of it at once:-(liekir, hear !reeand then he told them that mere' would'hc exthignisiteikby a'guall. Sinking. fond than by. die iarge . eitc,,whicit he pail teken away.--.(4 laugh.)—But this eess nothing le what he afterwards perforined. At a :eUbSettuent period 'he tame to ilie-COrnmissioncrs and saidel.k My accounte „leave ene fifteen millions deficient," and then seized. uppn their fUlui to melee up the ciefickney... Now het, !avid self wiiether , a Chenceller of this Exchequer Won lit hide- dared to leen thii ficieney ih his iceoun th,lfth is flhelhei;teet been , exitetattee;audl it th; re hidetot been puticrvitur .I ) 44fewi to N,PPitrt This t eal lee; eiNhetion etefeiiipking g 40.., Ile wee convinced 'that if one tui fleihrthVititiMler 'at the ritiftetpter would oatitt ! , &Attu herafter,#44.:drogowit be fund eepetly its 11114PuBi dei*nhitOils 4.oc4lo4. t rte lioncurable Member then put a ciesaof en indiViduel th show mere clearly, the dangers his "optitchenderribirtritid wiistem• establishing Sinking Funds, and then destroying them in ~:the !mintier he had described. He supposed a private Gen elemin to have an estate , of one thousand pounds a-year, iurn which there was u mortgage of SUU us then came to . . theresolution of paying into the hands Of his steward 608/. a- present notninal sinking fend, tee declared by lava In 1819, year to- pay the interest, an to extinguish the principal of however, Ministers had changedtheir fermerplan, and declared the mortgage. The first year Would' reduce it 1061. and each that a sinking fund of five millions was sufficient, and was ne snecceding one would increase the reduction, supposing him to ,cessary to support public cretliL -, .Still the real question was, receive only - the 400/. a year him his estate.. This went on could the country bear this? The question of the sinking fund, until the mortgage was- reduced to .350/. And then if the was to be decided upon theequeStion ofavhat the. country. could, steward, witiniut his consent, or isle managed to persuade him an d' what it c ould - not neer, for his own part, he conscien into consent, for the pur 'of fnrthering, some favourite ob. tiously believed that more good: would he done to public credit ject, should go and raise 7,0001. upon the estate, what would . ' by a remission of taxes-Le the remount of film millions, for seven become of his Sinking Fund'? Why instead of the 10,0001. - years,. thate by the keeping up o f t h e sinking fund, as'propoeed which heat first he would find himielf 12,0001. in debt; hy the Right - Honotirable Gentleman opposite. if, good were owed, by If the lion. Member thought proper to reduce the proposed not to be done in this respect, the remission of taxation, why reduction from seven millions to five, , heithotild support his re. . did the Chancellor otthe Exchequer proposeto givenip the two ablutions. That was the true amount of surplus which the , millions? The whole seven millions of Surplus belonged to Revenue now afforded. He should really like to heat...the' the fundbolder as much as the proposed five millions. The dife Right Hon. Chancellor of the Exchequer state his opinion* fereztee between himself and the Right lion, Gentleman open_ upon the measure of last year relative to the pensions. He site was merely in degree ; for the principle urn which they believed th e n iti ht non. Gentleman was. no . party to that both proceeded wits admitted to be the same.. The Right Hon. .g , , , transaction, and he nopeu that he would come down to the Gentleman said, in substanc, " I give you up two millions !louse end repeal it.-(ilear, hear !) - unsolicited ; but if you ofrer to tenth my five millions, I say tbat _ you Will be attacking public c re di t ." What tit 2 Right lion. Mr. BARING was not distinctly audible in the few first sen Gent. wanted was surplus, and, not Sinking Fnntl. Ile (Mr. T.)' knew very Well that a surplus of 7,000,0001. was an excellent tences he addressed to the He expressed his surprise thin g,bu tone Of 10,000,0001. was b e tte r . Yetstill,aga in and agai n that his Hon. Friend (Mr. Maberly,) after such a number of years of experience and attention to matters of Finance, a ehould the questien would be, quid the countey bear it. They o ug ht not to bind themselves tb a resol ut i on ' from which they could have Buffered himself to comedown to the . house with a bubble not afterwards depart with prop r i e ty. The present, he consi like .this-.the lightest bubble that was ever blown within its walls. He was desirous of offering a few remarks upon the goes dered, as a most favourable moment for remitaion. ' What could be more mischievous than to r e t a i n thi s sur pl us tinder the name tion, and upon the observations of his lion. Friend, the Mem. her for Portarlington t and he must say, that he could not have of a Sinking Fund, and probably, i n t h e event o f war, to mud) it ? Yet if there should be a war this might be very .easily . imagined an illustrat i on worse chosen, than that of the manege n proposed, and public credit would th eu b e a ff ecte d b eyon d al l trona of the embarrassed estate of a priv a te gentleman, when question. His definition of publi c cre di t was , "an tionciurable. the question to beillustrated was the' Sinking Fund of it great ctinetry like this, A Gentleman's Steward had 'only performance of your engsgements." . If a war were to take adace, the principle of winch was good, there could be nu doubt to make his arrangethents, and they would Operate indepen i e . dendy of ;any contingencies. But - ene offairs of a State mtgi t blight be wb an y. that taxes necessary to maintain .it. would be voted by the demand from ear to year such exertions as ribose,' and deeertußy paid by the people. But the Horn incompeeible veldt former regulations, , %he. propoaition of his . Alember for Taunten (51r. Bitin n ) had told the House, with Hon. Friend had been sufficiently exposed by the Right Hon. regard t the motion of-his Hen. Friend, that we were past the' - Exchequer, and brltir .Ilon. Friend the O age of conjuring. lie deprecated ee n j u rin g ,i n d y et h e h o d him -31 enther for Portarlington ; so that it was unnecessary for him self put the cope tend,balls on th e ta bl e . - -(l . l aug h.)-11 i n d ee d to crater. into it.. Hut the ealculatiebs might ..heejUdgeti of at the Chandelier of the Excliequer would treat tide 7,000,0001.n5' first sight, when they saw it was proposed that the same which matter of surplus e and not ail iaSiulting Fund, *.great partd. seven millions a year foe seven years would destroy, 'should be en objec .. non would he taken aWaYal The total amount of by twelve Millions. ,The time was past when the "T. ,taken away would riot he a total amount lost.' The remission Finances Of this country were to. be . manttged by conjuring-, watildgelieve the landed interest, and better enable it to bear (Hear, hear !)-and he really should walleye .been more slur. future burthens. -Even if the whoa eeven 'millions were taken prised if his Hon. Friend had come - down to the House and off, they would: soon see the benefit of the repeal. This he told them he was going to etg into a quart bottle-(A laugh) spoke with confidence, though no doubt th e y must all evieh • tie than when he said that 0001 , 120. was equiValent to seven see a surplus every. year. Ile was for public, credit as much as millions of Revenue.--(!!cart hear a-But the fact was, that any Man; but when he knew 'and observed the:diet:tett w hi c h his' iron. Friend would leaye the country at the end of seven had . overtaken many .noble families in consequence of die pres years without any Sinking Fund at all. • He forgot also, that • sure of the - war e he watt not for strutting abo u t n p on e surp l us Revenue, in consequence,of the redemption of d there must be this diminutian of 1,200,0001. a that ear u n am o unt the of of. seven millions. .What little he had in the world .w as o f a nature rather to be benefited than otherwise by a' Sinking Land Tax.-:-(No, no, • froM Mr.' Alaberly.)-lf it was not so,g Fund; but when he recollected the- distresses to which lie had to his Hon. Friend would have an opportunity of replying his just alluded ; when he recollected the number of those whetted observations. Ile wished to say one word upon the observe- but little interests in their estats, and those burthened with tions of his Honourable Friend, the itlember for Portaeling.. jointures anti portions to younger. children, in-Wati impossible ton, as to the Sinking Fund. It was a question of the very for him not to desire to relieve them by as great a remission of greatest moment, in hie judgment, whether the country taxation as was possible. Ministers .admltted ,this in ,part, but they imagined they had. just hit the bmnidary between was to ,be left without , a surplus revenue or not. The ob. nervations of his lion. Friend were most contradictory. He dis. rentieston of taxation, and preservation .of public credit. fie liked the' Sinking -Fund, because Mr. Pitt's for a time was thought his Hon. Friand the Member for Abingdon (Mr. Ma for the emergencies of the, berly) had been hardly d ea lt by on the discussion of this sues. observed, and then taken • away country. His present objection was, that he was quite ;tore tion. 'Whether his plan would p r od uce a ll t h e go od which he some Minister would come down hereafter, and take this anticipated .from it, was another question. Ile was confident it could do no' harm. Th e li on . M em b er for Taunton hail said, .away also-and therefore he was for preventing him' : by taking it away hinuelf• - (A l auh4nn T his w " : ‘ 9lnetl W that the plan would th roug h awa y 1,200001. of income; butlike the advice given to a lady, that the best way of he had forgotten dint the pressure occasioned toproduce that escaping temptation was to give way at once.-(Laughing.n., he wished the re was, because It income would tie remov e d. If th ere was any f u lly i n t h e virtue e,s Honourable l'nend believed , they had not scheme, it was Mr. PUN folly.; for his object originally Vas, l:nitwit tO .hiss , that* m to give way at to relieve the stock. market. •• What e v er a d vunta might be Once, and not try whether they had it or not. , But feellug, as ge given by ethe plitnein 'the' Way of retitission of taxation ; the he did, that the finances of the country' were now, for the first Steekholder received, an egoivaleot in return. Something, time foe a number of years, in. the handa of a gentleman however, had been said about raising' the . Price'. Of the likely.' to, have the confidence of the liousee-(llear !)-atui Stocks. 'He hind ulwmtys been tateinet this meddling with able to explain with soundless and elonirgee its financial Stocks ; arid particularly, against a Minister nieddling transactions, lie :did 'hope... that.. they should' find ..both. virtue . the With 'them, forcing a tinipritetry s -' an artificial rise, , and then and firmness enough to .support the Sinking Fund for Its legitimate objects.-(Hear, itear ! a-Let them ' look at the coming down to the House and sewing " the Stinks, you amsecineuce of reducmg seven milions duxes. If any tien see, are two per cent. 'higher."' Front what he hail seen of the Right Ilon, .Gentleman opposite, he was quite satisfied ficit should take place in. the revenue for the next year. th e y should be compelled to have recourse to loani, be should say the. Right libnourable Gentleman would never condescend also that the Sinking Fund was an advantage. for the reason to 'Wept such a spoon As to the difference •of system pro. which operated. upon his. Hon. Friend's mmd, for taking it a nosed. by the Hon. Member for Portarlington (Mr. Ricardo), ie. (Mr. Tierney) did not profereteta .understand it ,exuctly ; away. Circemetances might arise of sudden and yet transitoryi though he believed it was something Which. would ' th ud the emergency, which they could apply the Sinking Fund to with purchaser Of the bold Tax a power to receive-it of the pro-4 immense advantage. If the surplus of Revenue were kept up truster in of receiving it at the Bank. This if he had et five millions, that enabled them to meet such temporary thus Understood it correctly, lie cnnsitiered hiohly-ob i jeetionable. emergency, without applying to the people for fresh contribu- lie well 'recollected that, When the Redemption plan wits origin dons. l'o be imposing taxes one year, and taking them of rally proposed, he had resbeed it, and obtained a vote against the next, was extremely' njurious to ail the interests of the it &inn rk certain Country Gentleman (who was at first about t cOuntry; and by applying the sinking Fund, when necessary, vote for it) in rather an odd manner. The Country Gentleman' to this, legitimate object, the injury was avoided. There was asked him ( Mr. Tierney) " what was die , rneaning of - theplau?'!-' en eizample of this at the present moment in the case of France. . to which he (Mr. T.) replied; " why it is, to gave any mock. the Restoration they established a Sinking Fund upon Inthiee the power of coming doeni and o:mo4:himself on your' the same principles as ours, to the amount of eighty millions estate to pick up the 1 tittull'ax;": This frightened the Country of francs, about four millions twing. It now happened that 'Gentleman, and he (Mr. T 4) got- hie vete. Ile cerutinly theught • France felt hereelf called upon ake a military demonetra. his Hon. Friend, the Mover, had trodden in Mr. Pitts foot- . tion Om feared it would be mere) against Spain. He was not. ens is ; and he thought the proposed Resolutions would, in the at all Speaking of the justice or of the merits of such proceed- end 'relieve the stockholders. But, to beer Hon. Members inge--this was merely a question of Finance. The french talk' on this subject, one really would think, that if taxes were to fort now tak en off they could never he laid on again. He repeated, Government had an excess of income amounting millitns of ,francs, and the remainder of the supplies she re- that . if a bona fide necessity for war were now to ,be *hewn, taxes to any necessary amoun t wou ld b e vote d an d rea dil y pa id . quired was to be made up from the. Suiphts. Thus he r fie did not say that, pine of the ReSolutions of' his honourable had hem preserved under such trying circumstances, and Friend might not beimproved in . detail. Ile agreed, however, by her having that surplus only. ' It would he seen that all the other Governments of Europe were in the same state. If they with them in principle, though he was alwaye for having some looked to America-with whom this country must have its first surplus. In conclueton, ,he could nut but eay that the stock. holder ought to be forward in: nailing saerifice,i,. beset as he serious war ; she had a Sinking Fund, which bed been applied Le time redemption of her debt, and was ready to be applied to .certainly was with difficulty, hie ought to show that lie had no theempport of war as its legitimate' object:- The Emperor of desire to . profit by the distress of his pliow4ubjects (whether . ocfasioned by the currency, or any other cause) no &Sire to Russia, for the first time,. heti condescended to publish the, . financial .state of his empire, and he haul . thirty millione of take money out Of the potkets of the laodholder, to put it into rubles, foe • a Sinking' Fund upon the same system. - All the, itisnitini. Such a voluntary sacrifice, while •it would not reduce his own security, would conteibote to the relief of all classee..a. powers of the world were tints prepared tneertny contingencies which Might arise e end if this countr .were left without, there would be no indignity, no dependence' which she would ntithe (Hear, hear,' hear !) • . . . • reduced to. It was the duty of the House to view die finances , Mr. iIL . TSKISSO L N observed,' that the debate bed become of the country as' Statesmen, and to place them in that condition extentitd into' matter which would come more conveniently a n. which a proper maintenance of the character and interests of the der discussion on Monday,a when his Right Hon. Friend, the country required.: With regard to the view taken by the Chancellor of thea.;x che f guer would bring forward his pm. 0 the Shiling Fund in the shape lion. Slember for Pintarlington, he wished to know how, posal on the subject , . , . . , under his system, we were to meet any sudden demand made of a Bill. lie did not, however, . complain of this eaten. upon our exertions by , foreign aggression. It would not only take eion of the debate ; and he was sure he had no reason to this power trout us e but it would put the country into the st a te regret it, since It had called . loath the able' and convincing of unfortunate Spain ; not to be able to raise upon its credit, the remarks of the honourable Member for Taunton, whose neceeeary.ineans of defence against foreign encodes. Let them extensive knowledge and experience on thi s subject, must' look at the internal advantages which arose from a maintenance always give weight to his opinions. Ile thought the Right. of the politic credit. At present die credit of the Government Memorable' Gentleman who had just sat down, had rather • was better than that of any individual. All who had money to replied to. the Hon. Member fur Portarlington ; anti that the dispose of were anxious to deal with it, and to get Government Right Hon. Gentleman himself had changed his opinions ge. security. The consequence was, that it got every thing upon the nerally as to the sinking fund ; for to hint (Mr. II.), it did un best terms. The question was one not to be treated lightly, but doubteilly appear that there was not one of his arguments i as one of the most momentous.. topics, which could, require against it that night which might not have been applied to the the attention and the decision of Pa r li ament . I t i nvo l ve d original measure in the year 1780, w h en th e Ri g h t lio n . Gent. ' one of 'these two results-whether we should be placed iii himself warmly supported die .principle of the sinking . fund.,.. a situation like other countries, to ttioet anti repel agree,. The objections of the Right lion. Gentleman were trite, and sion from without, and to maintain public credit and public were applicable at all tittles to the sinking fund: ' kle (Mr. faith at home, .or whether we should be left unp re p are d an d II.) f ree ly admitted that the 'fixing ; the available surplus defenceless a g ainst any dangers Which 'M . ay arise, be they ever at five millions appeared to !lit rather an arbitrary measure;' so exigent, lie should trouble rier n liouae with one more ob e butt it must be axed at some 'tun, and the present had long servation upon the plans of his lien, eFeiend (the Member been considered as the best. lie ' could not but: admire the for Portarlington), in conjunction. withsorne Statements of the Clear statement of the lion. Menther for .portarliogtoo ; but he lion. Member for Aberdeen-a 'name' lie entree MentiOned thought his reasoning was not s us t a i ne d by hie illustration.-a witnout feeling how much' the cnuntny . .wae n indebted te. his, The lion. Member had put the cas t e of a Man with i,OOOl. a-year Oaken-(lm, heat!)-..11ia Hon. Friend, was continually. income, : and 5001. a-year to ptiy met vf it for interest of dein,- reverting to a platnof 'an equitable and contribu- and Who. raised a sinking fund Invent reduction.of-the debt....,, utioo all debts and upon all, propov,. 'Now this he WWI But as the :lion, Gentleneau had concluded his illustration by ; cOnVinced was totally impracticable / With respete to the making his owner borrow in ,erder to prdserve the estate, he , Statempt •of the 'llim Member !fpr Alierdeen, it would be had completely shown the good of a Sinking Fund, said the il found is inost. interesting one tq thOtie Gentlemen who took the. Nitration c.ontreverted rather than sustained.. the argument.--- 'trouble of investigatihg Nadi - 244 )0 'ft ifieWell,-and no The Right lion-Gentleman, too, who had just sat doW1), '44 7, doubt the calculation was arithmetically correct,.tliat it' die :nutted sOmething towards the close : of his - speech, Which' tip, House liatt , Cothe tothe resolution of 'levying six millions of peered Very much like an answer to the .previous part of it,-, tares annually, during the war, beyond time amount which the tie hail admitted that some surplus , was necesSary to maintain people did pay, there would !levee been no „increase of the public credit; but the Itight.,Hon. Gentleman Would not call it debt.; ' This might be quite true in figures ; but looking to the Sinking Fund. The Rt. Hon. Gentleman witsperfectly welcome stato,ln 'which this country had : h e en, t and the tremendous exer. to call u Surplus if he would, rattle!' than Sinkinglund ; but dons'Which she had.been - compelledeo make, who would say if taxes were to be taken off to the amount, or near the amo u nt that direct increase of taxes,f r o in s i x te en millirem to twenty. of the Surplus, and we shouiel in ie following year be visited • two.could have been proposed and adopted without creating leyhad harvests or any other difficulty, which should raise the anarchy and revolution, Such a calculation mi A ht, therefore, price of provisions,. anti cause a deficiency of revenue, w e be arithmetically correct, but the meatiore. itself ad would have ahe , cetutinly be'obliged - again to borrow. - As to the Reso. been impracticable. The lion. Member concluded by begging( lotion of liild e whether it was wise or unwise it was adopted pardon of the House for detaining them He long, and by ex. by a Largemajority of the ribose; and what would be- said pressing his intention to vote against the resolutions-...(Cheers.) over all gurope, If we were no w to say . we had not the Sue '' Mr. TIERNEY was desirous of offering.' n few words to the Pl l l4' WC pl'ol3oSetl . to have ?-:-(The Right lion, Gentleman here 110ii . se upon this que s tion; a nd he w ou ld assure his Hen. referred to the Resolution of 189, which declar e rti o Surplus gr(m& who bakinst sat down, that he should not view. it lightly; Revenue of five milli ons a s necessary for the protection of nor consider it es one of trifling tnotnent. :On the centrally he lublieeretlit.)-Uni e s s , therefore, they desired to impair pub. thattglit this was a time when the,managament of the finances lie credit, they would, not depart front the resolution without of the. country. required till time talent and all time firmness time most overruling necessity: 7 The Right lion. Gentlemansaid whieb could be obtained, to carry it throeigh a period of so much this wits merely a question of .degree. Admit that it was; and i ' diffieultY and danger. lie tack time quogtion now b e fore: the . h e wo uld as k the Right Han. Gent. to look at other countries. 11444 t axp o . be, whether five millions of te should be reduced or , ;acted -by a N at i ona l peht, all - of which,. h a d adopted dm If : i t , wits atiMittell,,o4 all itinuls, ,thitt 1 hoto No onellael, Oflaten been a enorenintertnined opposer of ,princiPleof our Sinking . Fund, and many of Which had iiur.: Ml t .ltt's Syinenythin lie had; Ile had often, stated, and had passed in the degree.' *m i le Ninieters, that ite -, fildsnot thirib'llie country was in a, tinge ;must, be surplus, how . , p cottltl it better be emPlaye& ititadtvott,tn.bear a Sin;;iti.z ynn&pf ilvarnAllosts. . Ile thoughe. ,thatt in ilib' redticthel 'of liebt. ' • riukusPlue*as, 'Merely one :of„ • eataJniseion eik,,taxar s .i.,nr peeteranla,in ever!. point of view: As - , words. e Opt the jt eso l oi l one ,now, i neppotied had professia .to for Ole shill fu dl,' intlied,"lie Inifilit'lrtily tidy he had Ant- give. a substhute for nginith)g vyrut - ; The gave avers thltig ,Vitied ; it. 'nil . 4 'mt4tivadins:;uptaisa:.lol;lloo numerbas; he. wor ts substitute,. 'fiat apposed them all; originally they were indirect, but _the plug, while they took the surplus 'Nell - awaYg-nie redempe lot .thogpapt i t t fi l =ll l :,,necess!ty _ of „a aur- . meek WAS taken Oil', and while tinge was actuallyan unre. tion of the debt, *at -Presentaiby 000010 of tnt .I.aod Tax,. pealed law in favour of a sinking fund of 17 millions, another would be nothing but the t r ensfer at a part o • the Revenue t' law was proposed in favour of one of five millions. The and if all time Land Tax were redeemed to.morrow, nothing House should recollect that 17 millions was the,amount of the would be gained by it but a reduction in the charge of ma. . - nagement. But as every Loin - Wes considered as a new Debts the inttrest of which was to be met by particular taxes, no thing. would be inore easy than (in the serer ,way as was now proposed with respect to the hand Tax) to write off one debt, by placing this tax e eigainst it., anti another debt. by placing that tax... , ageintt 'if, and we shoelti then be out of debt, with this slight inconvenience, that we should have'to pay exactly .the . tanit sum as before. The objeceef Mr. Pitt's plan was to f r e efieVe the pressure. In the time of - War ive were sellers of Stoat. In that of peace, we, of curse, eußbt to be PT' chasers of Stock ; but he should not liktplio facilitate the sale of the'Lanel. Tax, for instance, at theammii time that we were .purchasers, He thought the plan'of the Hon. Member alto gether a delusion so far as it professed to find a substitute for the Sinking Fund. Many satisfactory reasons Could be given to account for the circumstance of the Land Tax not having been bought up. lie had no objection to simplify the different Acts on the sub4eet ; but that was not at present a rarliamen tary subject. 'he . Right Hon. Gentleman apologized for ad ,dressing the Mouse;. but assured them he should not have done so, had not the principle of the Sinking Fund been di rectly attacked.--( Hear !) Mr. CALCRAFT denied the ;tustice' of -the charge of in consistency brought.by the last Right Honourable Gentleman against his Right Hop. Friend' (111 e; - Tierney.) It was true that his Right lion. Friend had approved of the original plan of the Sinking Fund in the year 178 d ;' - hut an important change had since taken place in our own situation. He (Mr. C - e) thought the difference between the lion. Gentleman opposite and his !lon. Friend was not very great.: lie evopoied a sur plus of two milions, while.they 'PrOresetionel , f five millio ns-- The lion. Member for Taunton-had-treated -the question quite abstraetedly, and, apparently, without suffeeing the distress of the people to enter into his consideration ; and there ems no doubt that in the Mode in which that Hon. Member treated, it he wes.perfectly correct. But the true tpiestion was whether the remission of the additiOnelehreamilliona would not increase .our resources. Tie (Mr. C.) confeesed :he Aid. not view the Resolutions altogether as a substitute for.the Sinking Fund ; but he thought a surplus of two millionaquite sufficient tomeet eny•possible deficiency of -revenue . In a following year; a de ficiency which was by no means to he anticipated. lie thought ton that the people would be in a better !qua:in to bear new taxes in temper, al well as in pocket ; and that in every point .a view, the remission Of their was Trefenibli to a continuance Of the present system. • • . Mr. MABERLY shortly replied. The lion. Member fOr Taunton had called hie plan a bubble ; , butif it was so, it was Mr. Pitt's bubble, and not his. (The Hon. Gentleman here re ferred to a speech of Mr. Pitt on the sinking.fund,, stating that the object of it was to absorb stock,) He (Mr. 31aberly) was -not the projector of the plan ' • it was founded on previous Acts of Parliament. The 'ion . Member for Taunton had also com pared. the plan to his (Mr. 141,alierly's) attempting to get into a quart bottle ; but he .really thitughf the Hon. Gentleman's owe opinions on the subject rendered such a Comparison much more apt than' his. The adoption of the plan would not pre . elude the House from imposing additional Taxes, should they be necessary ; and they could be paid by the people with less difficulty, after such a remission as was proposed. He thought -the objection of the Hon. Member for Portarlington was most 'extraordinary ; for the Ilon. Gentleman was for having no Sinking Fund at all, merely because it had been mismanaged, 'He (Mr. M.) offered his plan as a substitute for the Sinking Fund, and should take the sense of the House upon the motion. The House then divided on the first Resolution, when there appeared— For the Resolution • • • 72 ' • Against it • • - 157 Majority —B5 The other Resolutions were then negatived without a division. The other Order, of' the Day being disposed of, the Ilouee adjourned. . . IMP,,TILE SUN. FOR THE BENEFIT OF THE'REVENUE. • ". • EDiTOß—The.fOrication of Witte hi car ried. on to su c h an extent that the. Duty on six teen thousand two hundied and fifty Pipes of Port Wino at - 55/. per pipe, is treater than the Re venue arising from the importation of all kinds of Wine, Though 25,000 pipes of Port Wine are an. nuttily imported. That it has been the custom to fabricate Wines, the following will prove. Some years ago, a Wine merchant in London, who sold only Port Wine, entered into an agree ment with his foreman, that' if he would keep the secret, this Port Wine merchant would give him five per cent. on all the Port Wine he This \Vine merchant having ,made a comfortable fortune, left off busineis ; but refused to 'fulfil his agreement with his foreman: who brought an action, against him in a cowl of Law. The de. fence set up by the Wipe merchant was, that he had not. sold a drop of- Pori. :Wine 7 the whole ' Court were indignant, and the Jury' without re tiring from their box, gave a verdict in favour of the foreman. In. the Cydei counties, there is not kdrOo of pure Foreign Wine to' be got at alit . - vent or inn. C'y'clei.' enters into the composition of Sherry and Piwy, into that of Bucelle, with sweet wort, &c. The composition 'of Port and Madeira are published. The object of . this Letter is to proposC a plan to oblige every inn•aeeper and tavern-keeper, to paint upon a, board exposed to. view the name of the Wine Merchant of whom he buys his wine and spirits. Tlie truth 'of thii can be ascertained by a correspondence of the Excise Officers of the dif ferent places ; falsehood in this should deprive the Inn or Tavern-keeper of his license. Wine Merchants in the several counties must inform the -Excise Officers frOm whom they purchase their foreign wines, and the truth of this be ascer tained. Care should also be taken that the quantity of wines sent out of their cellars should' net, exceed what therreceiyed. The'same care .should be taken as to - Witte Merchants, at. the .several sea ports, who .import foreign wines and sell either by wholesale or retail, that the quan tity they dispose of 'does tiot'exceed the quantity imported.. This. plan Still. benefit the fair trad ing Wine Merchants, and also. the Revenue, by preVenting the adulteration and fabrication - of foreign wines, as well as every individual in kingdem,. 414) thinks foreign wines and pays the best price for them. The deleterious efFects or fahricated wanes have often been se verely feit by travellers, and some greater pa , nishment might b e adde:l the present to deter unprincipled' men from . defrauding' the Revenue in the article of,.foreign:wines. A CORRESPONDENT. . . , .3 ~ . . LORD ,POItTiMOUT - IiS - CM I! '" .'... . . . - . opinion,B, iO3nnations.ra.oblivion.). EXAMINATION in f ider the - KING'S COMMIS 4°N. _ . . .. „ . . F $tE Iyao:: if' HALL, FR/DAY . Fee. 16.-17 1\11 P4 Y * The Court opened at ten o'clock 04 npitnigt !pa a h t eper tti c l o,: t . t rez it iati pe iil d ve i c o oto t n e sean ly gtu. ;:o cian : li e ar . 6 o: nrio e ti d w..7,:in t ch : i,h. t .l3 3 c U b S na i ati t n i; eq : !o S ti i :fhtii V e ! .l.l `: ;! ; :., kr.. BAts i ts beg ged to addr4s a foC:illar,go' (0-. N . . . . . _ S e which rie n h j a t P e et a i i : ied i f l o e ith ba hi d s n r o c i lu tb es e t.. 6 , li:::::t ai i l d i ea vr tl ,a la n t a t i l t . m i.i r ut or t 4 i s con*dered that they intended to convey an ininustios tio th l t something had arisen in the course of the cross4olDi°, which had induced the Learned Serjeant arid his frleniistnwt ; r n t i„ lei th i nu d e ered w l.2 ing the nt raew ed y a.°l' h l: G u wP i d t hroc ul e a t i r e :: r e h in n t !f e w ro i' m r d utl e r n i e h la l ei 'la n as r d d° c ;l w o ° u A i n t ri l3 tt. t ill ss thu es Yft; l t ' ll' hie ci r r : w J d niAlrh t r h , dstiriv li etiakrte ed i uli' them. But if they had not such a right, then Le apj)rell i t t '!d. the Court only was competent to interfere. ' lie distinct yss; , that he did not for a moment believe any tithe + Intended t ° be CaSt upon hint. Had believehei the wort { 'T`j intended as a reflection upon himself, :he should have on upon the Learned Gentleman in a very different wsY thaw public Court of Justice. ell Mr. Serjeant PE i.L said he had hoped that I'll riilr e „l g ga I:lll h ajain have been Mentioned in this affair. Brit havti e at ttPon, he begged to say that even now he si?e,u . . jury answer the question. But he couldassure the laxly 0! tt'4,,',. that he had not the slightest coMplitint to make ap l l,l' at —All that.he naea.nt was, that eiouim extnessioo °. f , l „ ll , l° liina feeling had occasional) y been called forth, ' O , ~hez ! " i ' act, had been named. Whey Were the hotiOutsPle; feelings' en . ' - prejudicett of human - uiture.... He hiniself - could not bt o t i . g r . bark in the c.nnmott cause of humanity, ehettue . m ini „ 6 , ~,a. , Alder• had been so mingled up with these crueltie4 i' 13 1 ,,'", 0. 4tar4ilig it was a little ernbarias.' ' n glo cele w e. snag for a .. ..„ 1 boo m .. was-cross?ouestioning a *int.., to hear it wL 6 Pe"'",,„i l " err : of the Jury, '• that question ought'not to have } eelf t , - o e doing' . this question is carried tea far.'" There was s'‘"'" e deips, things--a thh t e o h n ltg e h ot ia} : latk vo idr i e ci— ht: a i nd a certain warner 1 1121 ° 1 ' . P ot eo rendered questio n s more tin pleasant. However, ther e in o bi.. - , one that.had a greater disperation than hiniselfto bur} 00.4 The Cum r Co st set sst the lag time he should havetrouble then) 16 ow On' • that had excited a little warmth of feeling, acre 11- n i llisd h .l4' i g t e e t l hl6 : l h P3 e edet°l3477lll4l:::);3° ' , A tb4.: : -. ADAM then resumed his summing • tea- l k jousr:to warmth. slid i antid those cases already noticed,tlPandfilttleelcr (I' !", l i u s t tp; : considerable mass of evidence. He noticed the delusa: ic ~, Lord P.'a mind, which the physicians had at tempt! v 4 citet i t o plain,. some in one way, and eome in another. lie I,tu. read les some of the eases decided by Lord Eiden, aou_.: ,t t1:11 Judgments upon them, on applications for commissiowthe tea nature. He invited the Jury to be only guide d b r o j,ip o/ of the case, and not the opunoits. He said they vo, .041, and.facts. the ne Pn that variousdileponder, d' were leases to before s a ia t f llomd:h deedsePtluewhether, T: i n w o hnji therl i P a h i i d s Y L '' 0 I ri t, I". " c I l i f T tl '; ; Vi N ew ob i le g I tl .A le r ailv4la tei r. V . s f r th d e m it in v d e:di t e in t w it ' w b r gnivoetneninoughyouthratohretlirodeso: :.17..oenteeti;, The Learned Counsel then adverted to the private cof - r , woe of his Lord s hip, an d conten d e d t h a t man y of his aro"-ix fah, `rational,- and such as showed a mind alive tO 4 S I C : *41 00 ' 7 ing and information. He was asked if he knew 0.,,,,, 0014 li: his rents in Ireland ? To which - he answered he itrit i l "` to let', was then asked if he knew whether ' they amoto oo re tits a year: He ens - veered, he should think it st: gu rt. , that; bethought they amounted w 6 or 'LIN!'" • 10:: ' ll3 asked, do you know the amount of the .0 no rien::' He replied, I do not ; since Corn" has been no ch t , e l s geonn t i ) of e s roh r l ste:ex a ti wil am l b : i i :l sa I l e d a killi tt i ncd o qt yciw ri t p tuo e it ; 4 os t r lnn i tee i a l r i l : n o e a diji,n too . w e tuP H o e rin r l y le o l i t f "p ro usdv:nleiedtnregellaire . more l w i ag a l tl d icklt c u t e e srth p o(ll::: :: ; ' : e ib:( " esl ,, ° l ll : l :: el"7lli %;‘ .l - 1 11 ,. a n t I tt le n co ,you nap i t n a te in n lredh d e.s to do with the throne? ' ll ;asse t th' .. , -' ceive my friends upon.—Would it not be a vell, 1 „', 1 01 Ctr; whets l had been represented ? a bol ty r w n tr' i i n ng l lowlife -111ilfies- atitliatlae:dpc:lsefueticlffietninstil;P::tereiloltrrelii:*tbegodte::}litri:lll3'itteati:irlisuftthilisticLAisiltnifthlY:::Ptil'l)l°i'4:::lllse(siii:Vl:l4:lll:;ligifl'Alcith:lll(l:;teltil::. dieltan inu - fav The r oft... _JA , Tinti so u l , ir ‘ia .to tL: a nht n i eed_ wb le el l o t wets really called yretu u rn 'l ed ` o tri a insane. For should he be oltli °%, liifi llq .l 'i en• then d theytl,.e): brokeou nd thatdow down e t h e.: t b n a a e . e- r ber r d i ealderr betweenthe meaningsoln nigh 3 : \ 4 ,i 4 r i eV e r i iii,it _so we und pohl m ntsno ind wt s coi , iere an nte d tnhlepi o 1 ie t ne oedb d ie t the ings, or infomiano' n.- of the complission it.sedualceya.std.iitaint.inecairl d ifluitei o .rcisaii it girhy r vitilth.tedi t i o lcaithsp a vlrte,eveir t .d i wc.. : : : o o .su,, l o.;ni c iiortios a yt,,_barel 1 0 ) j,,,v,vbcarrotilussic t i440,.t ° ii),t tabl eii0610,,, . ,. strong gentlemanly labours were about heir, and conduct , whT js t y a nsactiou s ° dot society. / e mentioned his c a pabilitY ",.„ r ' t h e o ttention.lol' at find concluded with thanking the JurT , 4, , tat the dth.' n lad ot bestowed upon his exertions, and ` anic " . , „ . .a i lli., 1 , been intrusted into abler hands. .„, ,i he 5 :5"7, me . ' 31r. hhnself L in rising to reply , A r that the ao frog to a certain period of t l e, in order „,,,cet ink"". Your to concentrate and to enmpress the mass 0 e i o f t lio . - t i o t the y,,_ natl_.heard. Heshould rather applY th e fa t t il ben ' 4 ' .. ' l/ d in Te e law, than wade through the evidence. lt l a a ther i n ce . 00 1 tlt _rone and admitiistering of justice werek „ring of b't g the Noble Lord's mind by others, than the ° s r . h il t at 06 , 7 of --a g al ation. The evidence of Mr. Coombe sel t wo a 1 °,,,t,i,e( on the journey front Edinburgh the throne ilau o f Barrie tbo conversation. It had not its origin at that pal t Wi , 0 1$ symposiacs, which had been stated to be the to • hitil; be 0 dinner hour arrived, wine was not infused int°, J . : it ideit. ol : alone, and when the medical gentleman atten°`oolloll:tro Noble Lord was ready to receive him, and t° gate; I') all the notions he had of the throne, and the ioocgc; fe n tioh ofjustice upon it. The Learned Gotienisnnrcrlioritedre rime the nature of the inquiry front the Lord Chin flit, s ot`'' words. They were " the Ctimmisiion issue d , l ,„ ( l 0, en' of a writ 'de lunatico inquirendo.'" He then :- it oc l,ilino ::::t had been given ne iliirsathaitioos..„...,4l,nloi. sountinesiof mind; and itliotcy, occurred in 1 4 , t he I s t i l words " demens curtosus, at least tire centuries age. The first statute 1 1 1 ii, the i l oo l , was entitled " Prerogative Regis," and Passer 11°4 r r)t tk Henry II: The tern" Non aim os menus," er i tol f6r l TO, of mind, was the one used by Lord Coke', rd to, l' e ans we r the purpose of a Commission' in er ess.!O rt tO united with it. . There were two questions for t o t 10 1 , 0 1 11 of the Jury-.the first was, could' they doubt' tir .3 o Ot t no ef• st i litus, , , were not i l ie con sole ror ts; mouth was a num, of whom it must be "y!,'l" , rhe Pe',;e 0 mass of evidence, that lie wits of unsound nand • , I whst„ l ' s itr r don was, if he was of unsound mind, nay% ': jelosv:4o l3 ' ..I) no l t iil 'h in is e , Ti t eet he l N b o e b in l g e Lord's rd ? 'a l ': b i l l i a t d su b Cl e i n an -i,i,a s . s , , ttihoc !lr si i ,l i .-, : (ii• to pews- t.,1 :--- facts, tendered the ;assertion e..s s t . ..l•re? ili s ee-', atom." , At what . period would the Jury rot-°• 1 1 A 4 0 1 1 , 1 ' 'thatil snTtantiote upon wri sw mantling tbs.. Lordship thi were t e et a nah p e epn r r l ivo o gdy prudent it required e t a c: confidenceae u n ts ' dd i ido : on . ne C db which be ) ot i I r ti n , nn b d the te ir r o w y o e : re : r (‘, . ic, .4_ , i itii :to hyilt : ri. 07 antir: i t : t , ::: :.„ ni i -- ' , r ant c re it w appeared it of a h .aa ls i t ,o lee n n i : h ell iii n ,s ee , uts:aotinry,dnfiess)r a o tr:: :: ::;: .g ib ite : : . was called in to liovern - tind direct hun. Theo', v ' a ina , nn r th',o were better than opinions and conjecturce. „ ti t. a ,g tio', were opinions of several medical men, whi ell .,; so 1 106 t ills suPPoeition, that his Lordship wss;.in' s . - with 0 c- e as 1808. Ilis mother had kindly ;watched 1 1 , 1 . r hi d g,o e po l o f care but his malady bad most probably ~ . Ih at err,,, Ills g rowth," and strengthened with his streng":he e . 5, W I, ed uentlernan then proceeded to commen t ° P or ter , 1 .0 1 ', , Green, who had been called a Wealeyan c%.„11 l he Z i lii l „ l i j, how to manage his spiritual 'affairs ttg hO Pal aelP . ,clw ' he would does r*" when in the service of the Noble Lord, nurse po i }.l hints to advantage. Ile managed the Earl as snood i tot iv' ° ii t he could by little tricks and fancies prodne? r ,...g 0 frito ri ,l t , easily as a nurse satisfies a child by plus th it „ ll :ilit t t ,lol 4° ,oi be said of the evidence of the huge ttsTr 141 1 Yj o actO * 0 with his 50001. a year for rented proPe rt Y d tUdile dent nog Earl was permitted to exercise the high r ed t o 6 10 r , n o r' purchasing hay and corn. Ile was sufle r ot 0 00 41 ' the it , his waggon and make I bargain. F1e.w,.., 113 ta l e nts 'v t ,st,i, carter. It was contemptible to talk of ni''„,,, oats 1 4,50 v. ,„1t4 old ,faseetincatioearn poses of trade, But he wits permitted to ""i tit or c ow t o London, and When the honest tradesman w w i t i e h th o for o o his Lordship signed a draft.,:for the tonOol in pfletll,4o 01 5 ' fillet { up. • How tritling.such talents, an tti , hitbrn . 1 1 01 management_ of the tintelleat Concerns. ' e ll riti l t‘risik t eid of ' .eo ai very great to be - sure in ' the WA? -- make t, l ariat true .he Ime* a rope was Imilled to t he li n ,i;rli # should say nothing of it , l, blOriliC °l e ail t j OIA OF' of his shutting up' the ,WlndOint to t c ' ol dest ,- o is,4 of his - Improper, Indecent, irregultfoid. . !ILI' tom 'spected thejemale; thelitiquen.,4 4 at,scii og letig w " with. a few remarks his lAettswP j -' Ft:frau kATE ESCAPIi.--- Between ten and eleven o'clock yesterday afternoon a painter employed at the top of a four story ladder, in painting the upper window s o f one o f the new houses at the 'corner of Princes-street and Regent-street, had a most miraculous escape from death. A carter passing by the foot of the ladder (by which a wagon had passed a few minutes before without accident), drove against it and threw it down. The painter invOluntarily -threw his arm through -the. glass, and. there hung, at ~that tremendous height, the.ladder.falling fromunder him, till he waa released from Ins peril - Otis situation by a carpentilr fortimately`to be work. lag within. Wbartho poor fellow's feelings,were during the sulfnn between lif e and death may be better co ncetvet r than describea—for even the spectators of the accideut'ere torrifieti_to-agony by the horrors of his situation. 1'