The Sun. — London, England, 1816-03-07 00:00:00

I NIPERIAL PARLIAMENT. 1-10US4 OF LORDS, WEDNBSDAY, MARCII 6. ;,e flonqe met tit ten o'clock in the morning, and proceeded in Appeals. Earl AN - ALM:GRAVE took the oaths ami bis tent. 1,44 Barlow's Sbdicitor atteoded, and stilted he heard her Inlyship was at Edinburgh. Her Proctor t elm; oat of towa t be was ordertd to attend on Friday,to which day the matter stands over - ' " ' . . ,itespectiog a Petition of Appeal Precented by thr Hon. rallarton and another against certain Interlocutnrs - of 'be t*,;, urt of !cession, relative to a settlement of est Atei rested in Sir clew Dalrymple Hamilton, the .17.4 rl of Lan.lerdale pre srn,ed a Petition from Sir Hew, objecting t,. juriEdiction of the Honer in this instance, on the around of the settle ment haring hero made in pursuance of the directions of an Act of Parliament,--Ttefetred to the Coninntt ry of Al'1"I'• Mt . .. Johnson, from tt►e Office of the Chief Secretary for ire ,laud, presented the Public Accounts of Irelsint for the year, ending Jan. 5, 816,--Ordered to lie on the talale. The, Haul; Lo n ► Hill 'mord through a Cututuitte, * and wai reported, without amendment. Adjourned till to-murrow (this day). HOUSE OF COMMONS. The Shoft-lifting Bill went through a Conirnittoe, after nettle obserVations between Sir S. RotuillY nod Mr, LucLhart. Report to-morrow. 'l'llet.ltevtniite on the Cenvention with America was post roue(' to•tltis nay se'orright. Mr..101-INSON presented the Financial Accounts of Ire iand.—Orderid to lie un the table. Mr. Iledgion, from the Customs and Excise presented an Account of the number of Quarter. of Barley made into llalt during the bat yenr.—Ordered to lie on the table. Sir W. STEWART presented a Petition frost Wigton, pony ing for Itelief from the Distre‘nes tinder which Agriculture ht bowed, particularly front the heavy 'rases whicloffect&rl the Varmere. such as the Malt Duty, am.—ltead, and ordered to lir on tie table. PETITIONS AGAINSI"rHE PROPERTY TAX. • Mr. HARVEY presented a Petition from the Ale. Itonse-keepers and PublicanS of Norwich, pray. ing ,relief from the Excise Act r ot' last Session ; but.they did not wish such Act to be continued and the Property' Tax abandoned, because the . bitter was on those who were better able, to pay, and beeaminthe licence duties were severe. .As to the Property Tax, the Hon. Member said, be might approve of the measure if it Wrre made a Real 'Property, not on Income Tax ; but as to 'the pledge of Patliament, the whole nation did soppOse, tliot the Tax waft to he abandoned at. the coochtsion of the war. If such opinion. were er. roncons, it was an error that pervaded the whOle cation ; and under suet> circumstances, as wai the general observation, lie thought - the feeling ,- ; iff the country ought to be attended to.—lle isloodd not give any pledge to vote against the Property Tax—he Should wait to hear the modi. fieot ions of the Chancellor of the Exchequer—bot NV iihout it Was made a Property Tax only, with favourable trroditicationct-, he should not support the Bill.r-,Ttead, and ordered to lie on the table; Mr. MaTnUEN presented a Petition from, the Farmers of btycock, Wilbhire, against the Pro. • Merry Tax in particular, the prtitimaeis thinking in common will) the rust of hi 4 Majesiy's aitb. jectq, that Pailiantent plvi! .. getl 141 abandon the Tax at the end of the mar.—Read, and ordered 10 .lie on the takile. • Sir W. GSA/4Y presented a Petition . from Chat. bam, cou6lied in similar language. The 110 n. Baronet took the occasion to obserYe .that lie could no longer support 3 Melt*Ure Wilk/111M ne• ceikities of the war alone authorised. When he supported it there was'a heavy . war, and it ,would hAve , been impossible to raise the amount by loan, except tinder the gzeatest disadvantage; but as theAteressities of that crisis , nolonger csiited, he phoold do all in his power to resiht the cow itio:t tioti of the Property Tax. Read, and ordered to he on the table. Sir C. ,PDOLIC. presantea q retition from .Ply. tiintith, also against the Property Tax. !Wad, anti orclerei4 to lie on the talkie. Mr. SUGLIVAN presented Petition from Marl borough ,agajust the Property Tun; the peti. (loners viewing it as a war measure only. Read, orileietl to lie on the Sir G. CLARKE presented a Petition 4041 Mitt- IDthian against the Property ,Tax. Mr. ilortxua bore testimony to the respect rbility the petitioners, and was assured that they really laboured under' great distress. Sir G. (:11AllKg admitted the CarreCtileSS Of this represgutation, hut deemed it right tomb!, that rrom the best consideration whicli he had been enabled to give to the subject, he was of opinion pat the :Is:( ought to be continued ; that it was the best resource which could be resorted to un iler the existtr u necei,sities of the country. #ead, Awl or(lcrad to lie on the table. --, Mr. voiTotst presented a Petition, from Dar , Pam, lie stated that the Petition wasfrota those called climorous by the Noble Lord (Cas►lereagh), An d being in a most economical mood, and critic. ing on ignorant impatience of the burdens of taxa tion, they humbly prayed a discontinuance of the Property 'fax. Read, and ordered to lie on the table. Lord W. RUSSELL presenterl a r etition frp - ru litAllorcl, against the renewal of the'Property Tit)f tul a i, o . y form. Read, and ordered to Lie on tae General V?tuatrsorr preseuted a Petition from Ile town of Uysart against the Property Tax, ;14 once impolitic and oppressive. item!, awl or, ilerefl to lie On the table. Mr. W. 111.1,toTT presented a Petititm from P.:. ferboroligh against the Property Tar. Read, Awl ordered to lie on the table. Mr, CALenoT presented a Petition from Wart. lino, with a similar prayer. Read, and ordered to lie on the table. liord NUGIVNT presented a Petition from Ayles bury against the Property Tax,, ante setting forth other grievances. His Lordship stated, that he entirely:agreed in the principle of his constituents' petition, as well as its prayer; with them, he kid that .it was most sminst, unconstitutional, sad _inquisitorial; and that, from the large mili. eery estshlishments now proposed to be retained, there would be no occasion for the Income and Property Tax. Read, and ordered to lie on the table. Lord NWGelils presented another Petition from the same part of the country, namely, the parish 91 Aston-Abbots, against the Property' and In come Tax, and the Peace Bstablisliment. Read, end ordered to lie on the table._ ~..Sig' G. Hnkrucore presented a Petition from the Esrruers, Uraziers, StOn the County of Lint! land,.compiaining'generally of agricultural dio. tress, and praying relief from heavy taxatian..-• lie attrilmted the late high prices of corn - to the great issues of money—issues which had now ne cess rily - heen con - tailed, thereby occasioning much of the distress experienced by fariners..These tlis tresses would he aggravated by continued heavy taxation ; _taxation only requited to keep up large military establishments, which, however improper uot....e.Jacith the .retition ers, proceeded from alleliberate-design to over throw the Constitution. Heitkewise condenined the language of a Noble Lord (Castlereagh) on a former evening, it tending not only to Chortle- Cerise the> e W.h6 presented Petitions as fact `oils and seditious., but to destroy petitioning Ethnic titer, Mr. SWAN said this, Petition resulted front a few : landholders,. not from a comity' meet ing, and that signatures were obtained by mt belief that it Was to obtain relief front all taxation. Mr. yrNL,,yobi&ved, that he could not con ceive why the Government should desire to keep up the funds; which was the assigned reason for not resorting to a lotti, when it was the interest of Government that they should be low, that the nathMal debt might be more easily pelt, off He thought it wommld be more advisable to raise 6,000,0001. by loan, r a th er Oar, by a tax on pro perty. • Sir C. Mostcx said, the Petition slid Not par port to come from the county—it was shoed to be the Petition only of the undersigned persons; Sir G. Nom. thought it was the duty or the tionce. to rutin thg.._PtAtticm, . although it m'ght not come from the county. They had only to res snit what was. very foolish or improperly °bumbl ed. The Petition did not particularly name the Property Tax; but"he thought, at all'events, that eonsitlerabie modification of the tax was absolutely necessary. Lord RANCLMPR (we believe) said there might. bysiome very cogent reason for this Petition not having resulted from a Comity Meeting, as in many initauc.es time most abominable inflocitee had been exerted to prevents meetings for the purpose of voting Petitions. against the Property Tax Such was the •fact in the case of the Mayor of Leieester, he having reloSed to call a. Meeting upon a Requisition, because it desired the Meet ing for the porpose of voting a Petition against time Tax ; but the difficulties to the men which induced this proceeding Might bc solved, tt hen, he st.ited that such Mayor was the receiver for • time County. Mr. PtcxeNsotkr, to show the severity of the existing inceleiif levyinc. the Tax, instanced the Case of a Mr. Taylor, who 4tateil Iry setter to the Ctidunissioners of Taxes, his inability to pay the 'Tax at the time desired, requesting suspension of the flitch:ever process with which he was 'threat-. By, time Crimmioioners lie was referred to the Chancellor of Excimeqii,,:r, Who, After an swering one letter, referred Taylor back to the CommissiOners, The Commissioners replied, 1 that they Ohl not feel authorised by tbe.Act of Parliatnent to grant the relief prayed for. lie then applied to the Chancellor of the Excheqoer, who referred hint to the Commissioners at the Taxes , lie wrote. a second time to the Right lion. Gentleman from whom . no farther answer bad:been received. The'Cnaticsumx of the.ExCiisaoatt stated, in justification of the Commissioners, who had al ways fulfilled their duty with impart hutity and jus tice, shut the circumstances described by the lion. Person, respectiug the estate, did not come with in the - prOeisions of the Act. The lion. Gentle man bad then, a **and time, epplied to 143, siring further information ; to this, be confessed be had not thongh(bimself bound to answer, as his first letter hats! appeared in a Morning Papte: Ile sioitild now advert to what the Member for Olasgow had stated respecting the Property Tax. That ilomt. Gentleman . had taken rather a narrow view of the Origin of that Tax. It was not in ord e r• to raise Loins on betty rterms, ,that Mr, Pitt, Loril Sidmontb, and Lord LIMIdOW.IIe .bad recant , ' 4nended the adoption of that meaiure„bnt 'beelike they thonght Oita the acenrimmlatiOn':of'debt nu repeated lontii, woitid, at, lait,,Wear,out the resourees of the country, and they wished to make : the country pros*, yearly for itir'own 'eXpendk nad:not that .111SaStire been carried into execution, the,l7o: millions which it had produced in the concse.of the tear, would be united to the public debt, anti an additional Permanent Ttoia.' Lion of eight or ten millions -would he impusid the , Before the Sinking Fond and • the krop, rty all .the Taxes bad no But hour did the country stand now, compared with the mipdgthe tinnier peace? Le vu at thi Dit , incnt thp,(;9usolitlated Fund yielded a larger surplus than It possessed u hen the COO iniftee of 17p t : had made their report. We bad then a Sin! ing Fund of one million Only. We bed unw one : , of 2,600,060 A., anti nother ha. proving Sinking Fond of I l ;000,0001. Yet the 001130 were told that the prolperity of the mein% try %yea to decay the that and of ftitariiy; lie did not pretend to knowany:thing, but he was Only certain that t i p to the 2d of March; there had been no diminution of .the public rarenue.--;, Hu ~also of opfniOtt ' that of all impost s , t h a t Which kid the least tendency to decrease the value of thecircutating medium, was the Property Tax. Mr. 11AlliNGT0N vindicated the Mayor of rester from the charge brought against him. 1-Ic I lied consulted witbhis brother Magistrates, hefOre he had refused the first requisition presented to ihn, anti the grOutitl . On which he had'refrised • it was, that. it required a meeting to condemn, not to iorestiFete the measure. He had replied, that be.felt it 111COIiiStetit with his pOblic duty to call a me e ti ng , t o: embody the feelings Of one class of men only.. Another requisition, properlTworded, had then heed sent to that very Mayor, who had thencalled u wetting, and the .subject had been discussed. lie thought it -would be . better for Oentitmen if they did giot canvass the conduct Of persons in the country, wttkoat first inquiring into tilt corrects-legs at reports, and the reality of facts. m r . BEAM tbod, notwithstanding the explana• tion given by his Hon, Friend, thought that the objection made by the Kayor to the firs: requiw sition, was rather a sort of special pleading, to delay if not to defeat. the abject. He should al lude to soother CitSC, nut uosjulilac. it Inett-takca place in n city, which, though it contained up- wards of 100,000 inhabitants, had no representa tivein that House. He meant the city of Man chester.. A requisition, signed by one hundred of the most respeetable inhabitants of thatatface,blid been presented to the - Borough-Reeves; who bad delayed their answer till a cOunter-requisitiOn was set about. They they 'dated, that having received two contradictory requisitions, although they did not say.hy—wiimui tite_ltat was—siguesl, ..they_were of opinion that it -teas not proper to call any Meeting w loiterer. Thins was one of the most con siderable cities in the kiegdom prevented f rom ex .. pressing its opinion 'ngeitist the Property Tax. Lard CASTE,KaKAOI - 1 peoteSted eganeit the sys tem adopted by the Hon. Gentleman, to canvass the conduct of persons in the country on slight .grounds„ The character of a. worthy, individual would have been most seriously it jered this even ing, b e d trot an I lon. . MeMber beeo'fOrintiattly possessed of such iiitormatic,n as proved the tharges union , nded. It would be a caution to tbe House not to give ear to the llon. Gentleman.— (Hear, bear, from .the Opposition.) If the sys tem of running down individuals in this manner, was adopted, it would intrethice art idea in the minds of the people, that Parliament was not dis- Posed to receive the petitions cif the subject with the respect to which they were entitled. He should now advert to what bed taken place at an earlier stage of the debate. - His Right Hon. Friend the Chancellor of the Exchequer bad last night stated., the principle of the modifications which he tiliould propose in the Property Tax, to relieve the pcopie—(llear, hear, and a laugh on the Opposition really kneW of no thing so ill received on the °thee side of the House, as the pro l anal of any indulgence to the public— (Hear, bear !),—They tee.eteed to vie* with regret every thing tvhieh tended to lighten the Tax— (Hear, hear!) —lle did trot consider it important ferthe winding rip of the exnences 'of the war, flier tie payments under the Propitly Tax shouhi bk. made dorieg•the two years that the impost was inlet retained. • Three, four,- or even five years Might he allowed for that. parpose, withont any imam vet - Oilier to the public service, as Eachetnier Rills 'Might be. issued to, he met by the produce I;ie TaN as it should. be collected. Much relief wo u ld h e extended to the subject in this manner, cis tia If as by some regulation in the issue of Ex ehetpier Processes. He thought it' his duty to fernase the Gentlemen opposite"of .any, import a nt • hot on whidt he intended to argue when the dis cns4ion on the 'Property Tax 'sloitild commence; that they Might look at it and prepare. any lreninents their 'ingenuity might suggest to con . - trovert it. The part of the question to which this feet, would apply, was that which' lied been . Ragtime(' with 33 much energy by it Rig ht Pon. Gen t lentaiconposite,:that to continue the Property Tax in peace, would be to commit a breech - b1 public faith, even if it were to wind up theet penses of the war.. He would shew that in at , tempting to clamotir down this Tax, - that Hon. Gentleman had only deprecated the conduct,othis own friends. He had thus volunteered against his political friends, and given him .(Lorct C ) ad vantage .which he did not seek, He shottid now proceed to'eatablish the filet, that in . passing and augmentieg the on Property as a War TeX, the Gentlemen opposite had not conceived them selves precluded in good faith to centinne it in time of peace. Iti the Table B, 2d ne . the Plan of Finance, brought forward by the Chancellor of the Exchequer auttler'llteAdministrafi4 u of Lard Grenville, , it would he seen that - Minister pro, ceeded.on the supposition, that thewouotry might be carried through the war at expenditure of thirty-two millions, per annum. The calculation was in itself so fee wrong, {bet since Ow period the expenditueenfabeemintrylead not, been under 52 millions. The Tonne tvl4clii would be nece ssar y Were to be mortgaged on the War 'I axe, not bit the Prnperty Tint aldee—(Hear, bear, 'front the Opposition), but on the War Texes'genCeally t ,. They were then eStiniateil et nearly 20 miilions; their amount being 19,800;0001. SUpposing that ein bad - been adapted; anti the, yeerly expefe:i. titre tO have been 32 millions , the velitale of til e War-Texts; including the Property-Tax, wotdd have been 'exhitusttld 'and nuartgaged in thc yelir 1819 ; anthlts, the- expenditure lad been annually 52 instead of 34 millions, :the whole ,of tirnie taxes - .would have been mortgaged in 1815. The Chancellor. of the Exeltetiuer of the day had cer taiely said, that if the war lasted only seven .years the Property Tex would not be mortgaged ; but 4hat was not saying ,it should tint in case the War should lest, and in fact it liadlasted !anger, On the contrary, it roust then have . been mortgaged with , the rest, and by this very plate the Noble Lord (the preseet Marquis trLansdtawne) TCCO ,, ;. tilsed that although the Act Was to expire with t h e war, yet if the war continued more than seven yeara, if must ihstre'the rate 'of the other taxes. This should he tlimenssed nn a future occasion (Hear, liene hear I frmn the Opposition). He wished the House. to go to the bottom of it, (Hear,' hear.l)•,-.4lad -that Noble Lord's plan been, adopted,- when An - 1819-all the War Taxes and the Property Tax should have been absorbed by mortgage, the country would have remained without any resource hut thesuiplus of the Con :siolicleted Vaud, Now, it not only en j oye d t h e 'surplus of the Ftind in an ireprovedstate, but it bad a revenue of six millions out of thoie very WaeTaXes that would have beenabsorbeil by the Measure. 'He - would argne'that never had te prin. ,ciple been more solemnly recognised-than that 'all war taxes, including the Property -Tax, would be mortgafed, and that there was no Parliamentary incapacity to effect ,that object. , Mr. Beat/9141i, in explanution, Said, that the apple of ditoord had been very ingeniously theaWn out by the Noble ! !) Mr. W;Witae Ng had dembtediiis own cars when be beard'the Noble Lord Speak of art Intention to Mortgage the Peoperty 'Pak ; Pertleularly as in t h e cable entitled to by time -Noble Lord, it was -expressly stated, - that no case could be'so bad as not to admit of the Property Tax being done i v/ 0y et the each of the war. In fact, that Ad ministratiop had always _intended that the Tax should cease at- the end of the war. In order to du away any idea of 'a mortgage, the War Taxes nn the Customs and Excise had, in the table, been changed into duties, in the conduct of that Ad opisttatinu treat !lei:11)m no inconsistency. He (NIrL W.) had, in time of war, voted for the sus• pension of the Habeas Corpus Act. Could be be accused of inconsistency, if he refused to give * similar vote in time of peace He begged leave to call upon the Chancellor of the Exchequer, who had been connected with that Administram tion, to explain their views upon the subject. The CHANCELLOR of the EXCHEQUER rose, in consequence of the appeal made to him. The _question of continuing the Property Tax in time of peace had been a question, -with the Noble Lords at the .hcad of that Adtilinistration, of ills - Cretilib 'and expediency, and not -of good 'faith'. The ProPerty"Tax must necessarily do 'away wat tasei, and if •it , were -applied to pay off•dihlol sinking fund equal to the interest of that' (At trust he established. The Right Hon. Gentlectltta reitt severel extracts from Table A'. it) cOriiibe4 ration ot his views. Mr. Poxsoser thought the Right lion' 66 : * detnan had been unhappy in his eiplanatien. Matt not been the opinion of thc-Nohle LOH "dt till head of the Administration of 1806, that'any Pi t of the,Propeny Tax might he mortgaged in din * of peace but the words of the table were,'that if any part of the Property- Tax4houid be mot.. gaged, the whole might be redeemed , in one Fe ar , of peace. Th e Ri g h t H on . G e ntleman then "": verted to big having been said to himself. from his friends, from not ItorittC" te( with them fur the Property !nal never! separated himself from his ft iends, and never r°- wben be incut. so high in his own estimation; as r he qnestio! red the censure of the Noble Lord. Was, as to the opinion of Parliament on this An t, ject, and as to the opinion of th e.rountry rove a The Noble Lord big the confine of Parliament. had spoken of a feature of clamour, expressicia he had not the good fortune to comprehend. o . Mr. DaaiNG thought the argument f 0_ the hie Lord had been comPletely refuted, and e, e , i Juiteweperateni tt if just, went to show that there had been a p la n of a war system for seven years, Without eneraatil ini t .; on the Property Tax. The , plan itself slmv", that fOr seven years, not t l io g was to b e plcilgo.o and that the Property Tax' could not be tooebedi might hare been continued. He Had:the 'tax actually been mortgaged, Piet' l a have beard at It meeting where he bail been 11 ', , e day, the manner in which the conduct Chancellor of the Exchequer h. id been h0° (1 . 1 % g ns he respected the' private. character - of the it, k ig Boni. Gentl man.. • The attempt made by e the,f ble Lord at racrimination, could he no Justi" e 7,‘ tion of his own conduct, even-, bad it been • I "* . ', cessful, much less when it had wholly failed•"": 1 AdMitting 'that a case bad been made out, s" the Noble - Laird noght too have bowed to th e nimous 'voice 'of the country. - „ tt. 4 Mr.lATTLlrrote was of 0 • that potion Wag sorry tt tier of the Noble Lord of late had either been respectful in the highest degree to the -House , or he had shewn a sort of levity, which in a quesi i i l: of .otrensive, and ought to be resisted by such moment as the Property Tax, was He conceived the commercial classes of the coo" try to be sotfering . ahnost Ils . much as the agr,.` ° , l : turn! interest he had lately received a lefter one of the e;tizens of Ate city of Worcester, statue hilt that a requisition bad been sent to the 141 Y: i t r ; to eeil r a meeting oft the subject of the Tux, which would be. held next k wee k• Ott co'tnt of the severe indisposition of ona ii" l-r up, he Reproetitatives, and the absence of _ bad been requested 'to state this to the House• IW fell within his knOwledge 'that 'the City 'of "W"f: rester Wes at present 'suffering as grievously a. e nteret , any other pert kindom. -- He no‘i protesthis against the H ouse . passing defy lotions respecting .the 'Property Tax for tj'ef the country. weeks. The reason why the.city and :county 0 , Worcester hathnot met sooner to 'petition, that they never • conrci.ee l f t h e Tax would hays persisted, in after.such solempLprofessiSng were contained in" the Speech from the Dirac: but .fityliug.thernselves' it last delmfeci, they , n ; e ., r e t %Vitt) is little ttelay posiible. now about to express an npittion on th e kh!l Lord - Ckitt.tar*Ou denied that he had deeialned.the exertiOns of -the country; 'en d, he ever Shettrift leVity, wayonly in commentiog freely upon the condoet.of,the tientlentenliPP°4 site , : this was the only Course. he could puteul the.bes.t,mode otmeeting the reptoachei, l9 w _„" 4 they were too much 41, the habit of ituluigtOt;' , ._ • . Lord-MILTON replied to. the`ohservatious everani. of goble:Lord (Ca,ilercagh)., trld defeatle' ciple s acted on by the laie AdministratiOn.., Thortgli the - CbrionistiOirerS under the Pent t li r Tex-were; as Was stated by the 'Right t . ':Hun' Heinen, volunteer-a ge nt s , yet, if the tag-svgsonl i " e dotted, he would not loe.lik'ely to have.the .ttesis arte.of persons of this description. jrler 1"1,:e: thovity to say, .that. several.Gentlenren> Commissioners under the presetit.Aei,: halt dee" J ., ed their determination not _to act, under the °" • it it should be carried. ,„ • Mr. MAXIMA? declared his' fi xed _opinion that . the Property Tax ought not, nutler the P re ,: sent cjecumstances of the country, .to be con . t n . ti tined The .tax ought to be kept as a sort Of public must know, that in any , of . deMercation between war peace, as t it . TM/it be revived. He mast - say, that Minister'! were entitled to the gratieride of the country, o r ; the way in which they bad brought the wAr I `, such a - glorious conclusion, and `she trusfeti'fl would listen to the voice of their- friendi-atut:6. new alarm of W", eason, and abandon the tax, which toulif antoll" be most 9ppressively felt in, such a-time •of un c " erupted distress.- - : „,,,1 the Mr. CARTWRIGHT hail always oonst,t,-.-- Income 'fax as a war tax; but he .thought. it 11 " - h war"; and. from what he lied heard from the.: ~ Cessary now, for I.vindiag up th e eXpen C ces 'of a l n c eellor of the ' Exchequer of his intention of,fiTv!`'Se relief to the agOcultitral, interests, be reasl' f i.; l ; nion it would be much mine' ° beneficial t A . • - 1, We 1 , country titan raising the supplies by selostii woold'atfect the puhliccredit„by Mr. Thom ?sox. was of opiniOn , tl)4 -the .e 4) . t nuance of the Tax would be a--great oriproo ill .' the country r while a Loan,of live 01'.113k. tzt intend of:depressing, wnald_ raise the fottli'," ss support the • public. credit. The issue ' Of ItA qner Bills, on the contrary, would depre l3 - nt to , t v funds. It was the duty of the Governing bug ising the Ina, tare the country under its present di s tress t` the conduct of Alinisters raise d suspiciour