The Sun. — London, England, 1839-07-06 00:00:00

~- EVENING EDITION. ....---, arm.o.....ccr. -.-,...-- r -,,- --:-...------.....-...,„....,,,,... THE SUN, LONDON, SATURDAY JULY 6 1 183 9. I.i.:VTININ- EDITION' , A • .1.... - .........- -----•-..---- I the credit of the country being left on suc h a test sa y an exam p le more discreditable and more fas tal to the 1 calculati o n was t h e greater expedition with wh i ch the 1 there was no engagement on the part of the Bank to do other- ' The Report was then received an d th e Bill was or d er ed to 1 Sasebosr, the Bill was read a second time, and ordered to be ! hope remained, he would cling to the Bill, which he firmly Le a r I R et e te o r r .c t ai o r f ie t r h s e w c on o ld deli . ver their letters. By the 18th ' wise-there was no breach of the public faith, and had it acted be read a third time. ' i committed on Thursday. as the Rink of England now possessed.--(Hear.) character of public men ho never heard mmissio . ners of Revenue Inqniry, it in . apy other manner it would have been open to censure. This I raising of interest had been productive of benefit-it had put a Mr. P. '1 H N o L A A I N so D N W m A o R ve E d H th O e U s tI o r i re ß ad lL in L ; ; mmi ee on this of i believed was calculated to produce the best effects. i No Government ought to depend upon any private would believe that a measure of this sort svOu a l n d,be he ca n r e r to the importation of continental securities to be drawn Sir M. WOOD opposed the second reading of the Bill. ill. ' Committee the tl Ord Mr. WA 11BU RTON must repeat lii. couviction of the in. establishment. -( Hear, hear.) The Government of sg . til he had actually 3 ti the Royal Assent give nto the appeared that the average time of delivering franked letters : against this country ,the consequence was that the rate of Mr. ay being read for the House going into justice of the measure, and his determination to o ,pose an Bill lIY founded on similar prami i les to the ',nu intro tu • 1 by the lion. had funnel that such a system would never France ill. The pre s ent inceoeme'wasae-,85;3,000/.., and het Hon. was three seconds per letter, whilst that of delivering un- ! stop. bl d • d 1 • P. THOMSON( must re•s the second readin that Mr . 'll T ' ' t P - g .S. I 11 0 BRIEN put it to the Hon. and Learned Memb.a for Readme -' t Le' - Member for Kilkenny had expected a considers e re uc- pat etters was eighty seconds.-( Hear.) These results I Interest had become higher, and instead of f • • .t • ' n . h b ' ' oreign securi as ig t, ut would take the dicu+sion on going into Committee Member for work well ; they had no advances from the Bank of tion in tbe military penditure. Had the Han. Member were so striking, that he viewed with alarm any hesitation , Reading, whether, seeing the disinclination both The Bill was then ' ordered to be committed on Mnd y : being transmitted to England to be drawn against Exchequer when the details of the meas - ureva ' •euld be gone into. of the Government and the , House •to proceed with the mea- The Pleadings in t ourt (Indiaiell was committed. o' France, 1 but paid all their expenses out of the public compared the military e expenditure for 1837 with 1836. on the part of the Chancellor of the Exchequer as to the ts, they had been transmitted to the Continent. He trusted Mr. 11. HINDE could not allow the Bill to pass without op- sure, he would not save the opposers . of the Bill all further The Bankrupt Isialelny Bill eas read a third time and assed. P ' resources. It was highly improper for the House of If he bed, what reduction had he found to have , expediency of adopting the plan of pre.payrnent. An ob- i explanation would setisfy the House as to the conduct of position. He was anxious that the measure should be re- trouble for ti e i present Session by • , .NS Ithdrawin, the Bill The CHANCELOA. of the EXCHEQUER gave Commons to leave the management of the finances of taken lace? If he had not found a reduction to have 1 jection had p d been urged by Mr. llaculloch that the üblic ' the Bank. TI ' . P .e Hon. Member for Kilkenny hadalso (erred to a Select said Iles .said, it he found uin inquiry, that he 41,1111 to. • • ' notice, would be subject to great insecurity by means of stamps 1 that in the month of August last the Bank f E - the inorrow move for leave to bring in a Bill for the country On such a broken reed as the Bank of taken place, on what ground was it he entertained such an I HOPE many of the provisit•ns of the Bill that all the labour that had been sPent on this ti P ill b the rent:l, t e i tmsition of taxes ; also a 13111 for continu , s , tngtana.-krtear, hear.) He felt bound to protest expectation now ? The Hon. Member for Greenock paid in advance, but a system of registration was proposed, ; million and a half of bullion in its coffers, and he t a l , :zd os l N a i ere rn,;tob lj e O et t n h d at h h e ou m r ust protest against its being lost for the present Session, he certainly vvoti:d not must the tug the drawback : which would give greater security than under the present 1 Pens that such an enormous reduction had now taken placeln - i rea . ll a se i con t d time . at a against the plan of the Right Hon. Gentleman, because hereafter would say they had made an incomplete ' opponents of the Bill to any unnecessary trouble, but at the The nth r Ordersof soap. disposed ' the Day were then of, and the trial of his experiment-the trial had been too system. The Chancellor of the Exchequer had rather , the amount. c o h n e ( ye e r o zu h ld ad eul k t l i After a few wards from . P m Air. EASE, Mr. HUTT, and Lord : same time he begged to tell II n. Members, that as ton 'gas a House adjourned at One o'Cluck. he thought that it was fraught with danger, and he short-the people had not become habituated to snore prematurely introduced the subject of alarm amongst the te -_______......... _es__ ._...,. ........._. . ..._.... ' . would undertake, when the subject came properly on frequent communications, and therefore be should oppose paper manufacturers. But it was premature at present to - Placeinto this country to the value of seven millions sterling, I _ . .....-- for discussion before that House, to show that half ofdiscuss the details of the plan. Let the Government and ow was this to be paid for except in the precious metals? THE REVENUE FOB, THE ' . 41 I LAB, AND QUARTER L NDING JULY 5 1839. the misery that existed among the working classes was any _ further n o House Hon. that N t l h e e m t b r e r e w for a lo Kilkentiy d • of ' submitted • remedy advertise their desire having plans which , • The Hen. Member for Kik ' - • 3 in .. notion of the quantity of i enny was entirely mistaken his bullion in the Bank, and he hoped __-......---. s produced by the bad manner in which the pecuniary w th o e uld d t tell the by the introduction u of ta y xation, but • would prevent the dangers of forgery, and let them ! i he deficiency . was not would not continue to indulge in such wild arid vi • p ' sIODRT) No. 1.-An Abstract of the Net Produce of the Revenue of Great Britain in the Years and Quarters ended sth of July, 1838, and 6th of Jul}', 1839, shewing tho Increase adopt the plan best calculated - • • and no individual would hove to eflect that object, i statements as he hadHe had BtChneiODPYRIGHT BILL. matters of the country were managed. He thought it by the reduction of institutions ; and he would say thatmace. to apologise for occupy- or Decrease on each head thereof. was absolutely necessary that the House should he hadprophesied necessity ofreduction of the a They might either assign a pecuniary reward to the in- faith on the tofthe Bank YEAR II have some inquiry on this subject. He ob- military establishments. When the Right Hon. Gentle- par dividual who sent in the plan, leaving it to the paper been without giving it a contradiction. ---.............-....--„I ended 11 .., ended 1 jested to any addition being made to the debt of the man opposite was proposing that the House should pledge ees •fe maker to avail themselves of the plan, or they might give the w aypae-nenrey ont o eachv o t e . Mr. O'CONNISLL would not enter at all into what had just Oct. 10, Jan. 5, A p ril 5, 1 July 5, i July 5, I; Oct. 10, 1 Jan. 5, 1 April 5, July 5, ' July 5, I''' - '"'" n '" -----.-------- s` #-"'"'"-^"--------- --' country without the knowledge of Parliament ; and that itself to make good the deficiency, he (Sir R. P.) fully the manufacturer of the stamps the best plan :-Hewould 1 a p t a t r e t n e t . i t o l i s t to Nv i I t i h e l e i a q l u te e r s e ti d on th o e n p fallen o t ' s li t a i gel in to Sugar sugar D D . u t t y y a a i n ,p l i la ic c a a b t i l e e to C s o u r;l i i e d s a mt.! 1837 1838 1834 1 1834 i 1839 I 1 1838 1 1831 1 1839 183 . in , 1 increase. Decrease. " increase. Decrease, expected he would have intimated to the House in whatfrom the Hon. Member, as he ished to confine his . at sati.sfacto r r . fl . le ........._ had been done by the Chancellor of the Exchequer, now . come to the question of the pledge to be given b y Cii!..torns.-Consnlidated Dittle'4 3 , 9 : 11 4 1 -82 3, 11, •9,70b 3.151 i 07 3,453; , 52 • - 1 3,1.9. , ,W0 . 3,7..0,tra 3,1‘.7, , Z3 3,825,871 - -...............--........-....-............. ...................... - _ „,. who, during the last three years, had added 3,500,0001. f A ril Parliament He must admit that the Right Honourable heartily supported the resolution ' both • its branches. That ' Fund ''' . • , the great taxation was to consist by which the deficiency was to be met ; and if this had been the month_ o p , 3n308 I :311,"49 - - - 493;1.3 1, ,, 15,4 2 -•-- to the funded debt of the country, without the know- - d Gentle * . 9 opposite had argued this question with the most 11,505,034 893,570 605,395 ' ' 1,47:1,211 1,101,356 .10,423 and they had: been prepared to run the risk, prepared ,he thought would be one of he - - _ _ :: :: _ thee most valuable legislative. reliefs - --_ __- ledge of that House. It was not fit that the Govern-perfect . t n t l • to give the lower class the benefit of a facility o . n . ster. p ac fairness. As far as he could collect the arguments 1 that hacrever b . ••Total Customs been gisen to people of this countrysince he - • 5,436,116 4,52 ~ 278 4,061; 70 1 4,7041,400 ; 18,79 ,460 1 5,46.;271 4,834,38. 4 411 56) 4 , 7 :43 19 fo•4:`-il 4. 04 - . ment should he trafficking in Exchequer Bills, and themeans of additional they were in favour of Mr. Hill's plan, but the only difficulty i0,,9%3 ~ course, and the merchants the - ' ' ENrise... 3,103,4(1 3.59 0161 /,711.5,'5•11 2,437,1 2i I 1,4 -9,296 14i ,113,. 59 3; 27, i!10 1,44., .11 '2,5 .. '1 I s I-; ) 3 ' ',) / . 7i : t i n . : ). . funded debt of cite -About the k led s . c country, c know led ofGentleman Is toad •Wh • speculations if the Right Honourable ewas in the way of revenue. en he heard of this rate its importance It id s impossible to exagge- Stamps . letter lie 1 1,62 - ,:'52 1,544,1 . 0 1,64 ~ i 94 1A0,134 ' 6, -, 6,9 , :l I 1,15,476 1 1,521, `..3 1,.4 0,2543 1,647: 23 0, , 1i '275 '''' ' h7- 1.1•_.(1', 1:33.1 . ,9 Allwou be of immense importance to razes . . 44,111 2-,964 Parliament. He was as anxious as any man to pre- had taken * this course, then it would have been Plan of the pledge to be given by Parliament, he said he his own -• countrymen. parties in Ireland were agreed j eC o o s l t v O n it t i sa ce nds 418,1)06 376,000 369,00) 381,003 1,541, is; 410,000 365,000 39-4000 -36 - .1410 1 - 5:16:001 / must see the resolution before he assented to it , He upon the propriety and necessity of it, and 6 ~, 0 b 6, 09 65,' , 0 40, VI 40.000 40!On0 ' 1 ;c5,000 10,000 9,006 12,000 serve the credit of the country, and therefore it saw creditable to the Government, one which he might have they would be Miscellaneous....,.. wanted to know when it was that Parliament intended to surprised t fi d h •2,701 174 23,841 /0, 10 39,196 8,376 6,3.0 3.5,54.3 14,61 1 94,•• C 5'5,5 3 that lie thought the course Pursued by the Right Hon. induced the House to consent to; but with the sentiments - o n tat it was to be made a 4, :11 make good any contingent deficiency in the revenue ? Party qoestion of-that they were to be threatened into Gentleman was extremely culpable. of the public credit which he entertained, how could he Total •Ordinary Revenue... - -----.----- -- -' 318 11,152,0.4 U 4 ~-43,992 1,811,931 --( Hear, hear, hear.) When the plan had under- a division upon it, and that this day week, wasthe day '' ' -,000 39,a i 7 5%711 Mr. W ALL ACE would not follow the course his now run the risk of losing 1,500,0001. ? Notwithstanding on which I upon gone a fair trial, if there should be a deficiency, he should they were to have the struggle.-(Cries of ': No, no.'') The mutest arid other Moneys 36, 7 ,3 97,708 3%019 ft 20,159 490,.75 20,4 4 let, , Co 31 85 t 30 1,. 25 406,'-6/ 3,313 19,:33 Hon. Friend the Member for Kilkenny had taken, but the joke of the Hon. Member for Kilkenny, of resting ~ House ought not to shrink from it Re-payments of Advances . 164,798 90,4"3 88, •62 1..1,660 470,4.,2 1 194, ..24 1943,116 12 ,186 'A ~ 462 716,489 etc,o46 be ready to adopt any new tax, but he agreed with taclt was impossible to deny 74,..02 a reed, he did hope that the commercial class of society that that was intended, • and that all the ; .--___e. he would apply himself to that subject with which he Honourable Member for Greenock, that the present teret; petit.ons of the people Total Income 11,693,165 11,501,932 8,12t,714 I 11,347,962 42,9'72,773 112,3,9,0;5 , 1 2,349,263 8,091,0'47 11 654: 13; - 4 . , „ 4 3,0 , 1,432 2,6'17,97, would consider, looking at the state of the Savings Banks, were to be frit 11,319 ;3•40.19 away into a question of how many Memb a 75,544 wag more conversant as Chairman of the Committee on lan couid not receive a fair trial in twelve months. er - The Amount - which had been so deservedly eulo,gised, there was no cause P., did could be whipped up on each side of the House I -applied to the • Comsol. 1 .------- - Postage. He thought the Chancellor of the Exchequer He not want to raise . t would have dated Fund 8,102,692 9,9:70,262 6,481,149 6,750,952 30,915,055 1 9,641,134 6,5; )6 , 103 6,00 q 6 6(2 Deduct Deduct for despondency arising from the public credit. The _ . any, but he trusted been different if there had been a proposition House. . ,031 , , ,‘ , 24 31,849,392 Deer..ase. had brought forward this question with a deeree of fair- that Parliament, when it was called upon to i m pose the - • .to separate Ditto, as Advances, and to pay off E Decrease. Right Hon. Gentleman anticipated a deficiency at the end e resolution by dividing it into two-inio that part which re- cellequer Bills, issued as Ads x .inces lO 000 31,080 3,20) 78,150 122,430 126,000 50,44) 4:1,677 112,4 i '0 770,07; 11,119 ...... 75,944 news to all parties, avid although what the Right Hon. of the • in ' new taxes, would • d whether it * • year of about 911 000/ • but order to get at that ju ge g or duce i d d the postage, and that which (rave the pledge. That Ditto, as part of the Ways and Means ' Gentleman stated was true with regard to the Report - * * * ' ' f the re Proper to impose them or not. Could anybody gainsay would have been the better way for ' Honourable Members to es the Year 2,980,413 2,790,590 1,645,365 4,548,9F0 11,915,28 S 2,591,941 2,102,860 2,964, , 840 91 49 4, ~ 3 P 2,429,963 tn crease on Increase or: s • . - of a 3 the maximum, he had calculated an increase o , - i that, 'f they have proceeded who had any objection to this • I • of the i.,omlnlttee being in favour of it twopenny res. • -cvenue over the present year to the extent of 29a,000‘. • got a surplus revenue from other sources, they resolution at all, Total 11, , 93,165 11,801,932 8,129,714 111,347,962 42,972,7;3 i; 1 ; 4349,07 , , . ~. . -------- the Year. 4? 3 i 9,, I 3 8,69_ 1 ,957 1 i,65t- , ,107 143,049,432 2,+ 7 ,, the Quarter , postage, yet he hoped he might be excused for stating, Then his estimated surplus would be 141,000/ ; but were to make new taxes for the purpose of keeping up that because then it would have been seen that both ' e sides had been - 308,175 in fa ledge. He would take the case of the advertisement dut your of the reduction. That had not been done but. the No. H.-Income and Charge of the Consolidated Fund, in the Quarters ended the sth July, 1838, and the b that, although the evidence taken before the Coni- then it would be necessary to provide for the expenses P y' whole wasth July, 1839. When that was reduced from 3s. 6d. to Is. d to be oosed. LetHonnlembers look at the advantage - - m:ttee was in favour of a penny rate, yet the Meinbers of Canada to the amount of 1,530,0001., making the max- o course `hat this calculated tafford. t. was o Gould any Quarters ended July S. -......-..............••••••••••• w................ of the Committee, alter voting for a uniform rate imum 913,0001. In case, however, the revenue of next considerable reduction took place in the revenue, but man considerthe P ...................1.01, Quarters ended July S. of postage, did not feel themselves authorised Year should equal the leat year, the deficiency would be it had been improving ever since, and in the course s l h e o e u s IT ira have e nd not agree was to be indemnified ' CHARGE. required against the expenee P Ms - 7 -- 7 .- ""ze N of four years, it had reached upwardsof 75 per cen. of its ori -1,205,000/. ; and under these circumstances he (Sir R. of the Post-office. Na if Nay, the postage on letters was not safes. Cu toms•-. Consolidated Duties 3,453,052 3,825,670 Permanent i Debt. .-___--__,.___ to vote for the penny rate.-(Cries of " llear.") *mai amount Under such circumstances, would it be right in cient for that, Government ought to make a sacrifice - rue 4 • Saga • appl.cable to the Terminable Annuities 8,113,097 8100,271 With regard to the pledge that had been required, he Peel) was called upon this day to e . ensent to a resolution i'erliament to ut the bli Co r nsolidated Fund 1 l'r 149 1 145 411 Interest '7 9,104 738,214 ~ purpose of faeilitatine communication. It ought not to be ~ ~. , , , on Exchequer Bins issued to meet the charge on the Consolidated Fund which, according to the prophesy of one of the warmest new taxes put P on them until the measure had been fairly tried bu th I•• •'' -- Sinking Fund 19,211 15,162 must say, looking at the vast number of petitions which ficienc of He r enet with a single farthing more than defraying its ex- Total Customs 4,709,100 4,571,333 The Civil List promoters of the plan, might involve a de __ y which he considered could not be done under three years - - hai come before that House, that he was sure so nume-e It had however, been , , made a source of revenue and Other charges on the Consolidateu Fund 4 All the teat • f,s h enoo/. The . Right Hon. Gentleman sa,..- A g . believed that in that time a revenue equal to the present Pen % s. roux and respectable a class would not send represents- inion h ) & .on communication be- t xcise 44 t . orit! - es were in favour of it but a more decide -1 0 , ,p i e found to result from the adoption of the new plan. He thought twee 1,6,2,134 1,847022 7 Srlai 172,400 n the poor : a tax light upon the , e rich, but heave u the " amps tives to that Hous , ! who would not be willing to redeem against it could not be found than was expressed by Col- the Government were entitled to the of the thanks country for poor-arid that was the s •stem on whichparty • • on le e axes neo ',5 , 04 1,639,3'72 Total Charge politics was now Post Office any pledge that might be given to attain so desirable an Maberlev. He considered whole R - , the course they had adopted, and he hoped the public would to be called forth, ) •th, for the purpose of kee p in g in • up this country Crown Lands 40,0 0 11 The Surplus 1,830,301 2,124,034 object. With regard to what had been said regarding land Hill as impracticable; as utterly unsupported by facts, properly appreciate what they had d0ne.10,701 14,611 a system lf l which burthened the poor, interfered with all the Miscellaneousre petitions, he was inclined to agree in the opinion that 4 and as resting on assun ption. He stated that every ex- Mr. W. ATTWOOD said, if the Right Hon. Gentleman socia e . e ings of life prevented parents from hearing from Re P ia •m and ri other Moni6 - s 320,734 301,6' 5 • 11,368,1-3 11,925.1 meant by the resolution that Members were bound t led .o pge 1 y e tof Advances 127,160 2 2,462 23 ••••••,/,............ considerable degree of agitation existed on the subject, riment of the Post-office afforded conviction against it, andtheir children, and husbands from the' I- 1 -, their wives. He die not themselves to accept any tax they might choose to psopose to charge this on the Hon. M be e arge n cl . for the Quarter ended A 'l5 1839 and he must say that when this great commercial capi- if the postage were to be reduced to a penny the revenue 3 e i m e r, who had no doubt been ins- 11,358,163 11,03,123 and paid off out of the growing . ' produce of that Fund for the Quarter ended July a, 1-39 pri , , muke up the defliciency, he thought he would have some posed upon. That Hon . . ' The Amount issued in the Quarter 5,137,095 tat had come forward in the manner in which the Lon- would not recover it for 40 or 50 years. But that was difficultv on getting Hon. Members on that side of the H • mber charged the Bank of Ene- To r, Cash brought to this Account dated Fund for Supply Services ended July 5, 1839, in part of the stints:granted by Rzliament out of the Consoli don Postage Committee had come forward last year, the period perhaps at which Parliament was to expect to give him that pledge. With respect House land with having broken faith with the commercial übli b e to the state- The Bank of England, towards the expiration ofeach 11 . from Ireland, to be applied to pay The Surplus of the Consolidated Fund, Quarter ended July 5, lIM it was no n - ondee that the sympathy of their countrymen Chancellor of the had been in the habit of making advances laughter.) He did not say that this opinion was entirely Exchequer relative to the n finances c by of theeon bills of e The probable amount of Exchequer Bills required to meet the charge on the Consolidated Fund, Quarter ---*----- was excited to jolt: with them in asking for this boon. „,n,..hy inwhiph hp,,fpri, e t ou b n ,, ty . ,lo .. u , li:l i n .. ot change. This acted beneficially, as it tended to equalize t x lie 1 1 ,368,15i3 11,5e5,153 I July 5, 16.3:4 - - •• say an example more discreditable and more fatal to the character of public men ho never heard, and he never would believe that a measure of this sort would 7.be carried 'anti' he had actually seen the Royal Assent give n to the Bill. The present income was 47,853,000/., and the Hon. Member for Kilkenny had expected a considerable reduc tion in the military expenditure. Had the Ken. Member compared the military expenditure for 1837 with 1838 ? If he had, what reduction bed he found to have taken place ? If he had not found a reduction to have taken place, on what ground was It he entertained such an expectation now ? The Hon. Member for Greenock hereafter would say they had made an incomplete trial of his experiment—the trial had been too short—the people had not become habituated to snore frequent communications, and therefore be should oppose any further taxation. The Hon. Member for ,Kilkenny would no doubt tell the House that the true way to remedy the deficiency was not by the introduction of taxation, but by the reduction of institutions ; and he would say that he had prophesied a necessity of a reduction of the military establishments. When the Right Hon. Gentle man opposite was proposing that the House should pledge itself to make good the deficiency, he ( Sir R. P.) fully expected he would have intimated to the House in what the great taxation was to consist by which the deficiency was to be met ; and if this had been the month of April, and they had: been prepared to run the risk, and prepared to give the lower class the benefit of a facility of inter course, and the merchants the means of additional speculations, if the Right Honourable Gentleman had taken this course, then it would have been creditable to the Government, one which he might have induced the House to consent to ; but with the sentiments of the public credit which he entertained, how could he now run the risk of losing 1,500,000/. ? Notwithstanding the joke of the Hon. Member for Kilkenny, of resting upon a reed, he did hope that the commercial class of society would consider, looking at the state of the Savings Banks, which had been so deservedly eulogised, there was no cause for despondency arising from the public credit. The Right Hon. Gentleman anticipated a deficiency at the end of the year of about 913,000/. ; but, in order to get at that as the maximum, he had calculated an increase of the re venue over the present year to the extent of 295,000/. Then hi estimated surplus would be 141,0001 ; but then it would be necessary to provide for the expenses of Canada to the amount of 1,530,0001., making the max imum 913,0001. In case, however, the revenue of next year should equal the lest year, the deficiency would be 1,e05,000/. ; and under these circumstances he ( Sir R. Peel) was called upon this day to consent to a resolution which, according to the prophesy of One of the warmest promoters of the plan, might involve a deficiency of 1.300,0001. The Right Hon. Gentleman sa,'!" l All the great authorities were in favour of it, but a more deciries'i opinion against it could not be found than was expressed by Col. Maberlev. He considered the whole scheme of Mr. Rowe. • land Hill as impracticable; as utterly unsupported by facts, and as resting on assun ption. He stated that every ex riment of the Post-office afforded conviction against it, and if the postage were to be reduced to a penny the revenue would not recover it for 40 or 50 years. But that was the period perhaps at which Parliament was to expect to be called upon to redeem its pledge.—( Hear, hear, and laughter.) He did not say that this opinion was entirely to his own satisfaction.—( Hear, hear, from the Ministerial benches. He did not wish to say a word upon it one way or th other, because he declined to enter upon the consideration of the subject at present. He knew that if he were to speak in favour of it, that that would be a much more popular course. He knew he had presented petitions from his own constituents in favour of it. The Right Hon. Gentleman, by his sarcastic cheers, would have the House believe that he (Sir R Peel) was afraid of popularity. Why, if he wanted to curry popularity, he should assent to the proposition. He should say—don't be alarmed about the public revenue, it was a commodity of elasticity, and it would yet yield to the exigency of the case. He would not say so, but if he thought he was committing himself upon the abstract merits of this resolution—it he stood alone and voted alone he should oppose it, and would refuse to be a party to such a resolution, brought forward for the first time this night, with the House before ignorant of its con tents—( Hear, hear)—and it was only because he con sidered the resolution to be the foundation of a Bill that he did not at once oppose it, but reluctantly gave his assent to the bringing in of a Bill, because he con sidered that to be a more constitutional mode of proceed• ir,g. The Right Hon. Gentleman bad directed the at tention of the House to the Corn-laws and to the state of the Savings Banks—and observed that an inference might be drawn from them well worthy of consideration. But if that were so it was to be observed that the export of British bullion had had no tendency to diminish the increase of the export of British commodities. But he wished particularly to refer to the Hor,. Gentleman's statement as to the Savings Banks, because he said, notwithstanding the high price of corn, so far as the comfort and social con dition of the people could be inferred from the Savings Banks, the inference was exceedingly satisfactory, and he quoted a paper which showed the amount of the deposits and of the withdrawals in and from the Savings Banks for years. Now he ( Sir R. Peel) would refer to that, not as conclusive in regard to the Corn-laws, but as affording a source of consolation, and the House would find that during the last year the total amount of deposits was, 1,495,0001., and the withdrawals 463,000/. So that in the course of last year, with a deficient harvest, there was a much larger deposit than ever was known in former years, and a much smaller withdrawal. As the Right Hon. Gentleman had thought proper to refer to this for one purpose, he ( Sir R. P. ) also begged to refer to it, though he did not desire to draw from it any unfair advantage in support of his own views upon the Corn-laws. The general state of finance of the country had been so much exhausted by his Right I Honourable Friend near him, that it was not his intention 'ain to travel over the same ground. He trusted the pti g ;, - ! Honourable Gentleman would name a day—no very early day--on which to bring up the Report upon this resolution, an Ott which the House should have an oppor tunity of fully ~ensidering these two questions; first, whether in the presen: state of the credit of the country, it would be proper to ha:ard a revenue of 1,500.000/. ; douse would be prepared to and, secondly, whether the 1 1 ". 1 adopt an example of fettering Par:ement by a pledge, to impose some future pledge, in respect which at present there was no indication by Government, to make up an uncertain deficiency. Mr. WARBURTON rejoiced that her Majesty's Go vernment was determined on this occasion to proceed by Bill and not by Resolution, because it was a plan of such magnitude as certainly ought to be submitted to the deli berate consideration of Parliament, so that if there could be anything in reference to this proceeding to be ob jected to, it must be the proceeding by a resolution only. Parliament ought to pronounce a definite opinion upon whether it would adopt the plan or not, and if it did not adopt it, it would be for the Government to approve or disapprove of the conclusion. The House had to consider the position in which this question really stood. They had, from the returns before them, and from the body of evidence before the Committee, the fact established, that whether they looked to the revenue of England, Scotland, or Ireland, they found the Post-office revenue had been stationary. and occasionally re trograding. Were there any facts to afford a like lihood that this stationary condition would be altered? He would take upon himself the responsibility of showing, from the investigations which would be found in an Ap pendix to ti,e Report of the Committee, that a reduction upon the charge of each letter by the Post-office might in the result be met as from 1,000 to 14,000 per cent.—that is to say, upon the cost of transmitting the letters. When the Post-office authorities stated that the present state of things could not be permanent, were they to leave matters in the state in which they found them, because there was rather a deficiency than a surplus in the revenue. The Chancellor of the Exchequer said there was a disposition in the House to run into extravagance. But were they, because one branch of the revenue was in the state in which the Post-office revenue was, to delay applying the proper remedy to that branch ? If this disposition to ex. travagance existed, and they were to wait until that dispo sition was altered, they might wait for 30 or 40 years.— ( Hear, hear.) The circumstance of there being this de ficiency was no reason why a remedy should not be applied to this branch of the revenue, which was in a most disgraceful state. Colonel Maberley stated that the present rates of postage were too high for the interests of the public, and too high for the interests of the revenue—that a reduction would be advan• I the credit of the country being left on such a test ! as the Bank of England now possessed.—(Hear.) i No Government ought to depend upon any private establishment.—( Hear, hear.) The GoVernment of France had found that such a system would never work well ; they had no advances from the Bank of France, but paid all their expenses out of the public resources. It was highly improper for the House of Commons to leave the management of the finances of ' the country on such a broken reed as the Bank of England.—(Hear, hear.) He felt bound to protest against the plan of the Rig ht Hon. Gentleman, because he thought that it was fraught with danger, and he would undertake, when the subject came properly on for discussion before that House, to show that half of the misery that existed among the working classes was produced by the bad manner in which the pecuniary matters of the country were managed. He thought it was absolutely necessary that the House should have some inquiry on this subject. He ob jected to any addition being made to the debt of the country without the knowledge of Parliament ; and that had been done by the Chancellor of the Exchequer, who, during the last three years, had added 3,500,0001. to the funded debt of the country, without the know ledge of that House. It was not fit that the Govern ment should he trafficking in Exchequer Bills, and the funded debt of the country, without the knowledge of Parliament. He was as anxious as any man to pre serve the credit of the country, and therefere it saw that he thought the course pursued by the Right Hon. Gentleman was extremely culpable. Mr. W ALL ACE would not follow the course his Hon. Friend the Member for Kilkenny had taken, but he would apply himself to that subject with which he was more conversant as Chairman of the Committee on Postage. He thought the Chancellor of the Exchequer had brought forward this question with a degree of fair ness to all parties, acid although what the Right Hon. Gentleman stated was true with regard to the Report of the Committee being in favour of a twopenny rate of postage, yet he hoped he might be excused for stating, that, although the evidence taken before the Coni m:ttee was in favour of a penny rate, yet the Members of the Committee, after voting for a uniform rate of postage, did not feel ! themselves authorised to vote for the penny rate.—(Cries of " llear.") With regard to the pledge that had been required, he must say, looking at the vast number of petitions which had come before that House, that he was sure so nume rous anti respectable a class would not send representa tives to that House who would not be willing to redeem anypledge that might be given to attain so desirable an object. With regard to what had been said regarding petitioliss he was inclined to agree in the opinion that d considerable degree of agitation existed on the subject, and he must say that when this great commercial capi tat h a d come forward in the manner in which the Lon don Postage Committee had come forward last year, it was no n - ondee that the sympathy of their countrymen was excited to jolt: with them in asking for this boon. With regard to the lose to the revenue, he thought that during the first year there would be a short-coming—that during the second year there might also be some degree of defalcation, but that such an increase would take place in the third year as would ...Hake up the deficiency of the former two. Phis was his sinoere and honest conviction. With regard ' to the resolution of the Chancellor of the Exchequer, it e'as admitted on all hanels that it was necessary to give eff e oe ,to this plan. It was quite true that the Treasury and the' .Postmaster-General had the power to reduce the rates of pootage—it was quite true that during the last Session a ci.ause in a Bill had been passed to enable the Treasury anel the Postmaster-General to insist on the post see b,.i„ g pa id in advance. It was also necessary to give that power to the. Chancellor of the Exchequer willed he F stated he rcquired, and he hoped the House would sanc tion the passing of the resolution which had been brought before them, so that do'? country might be enabled to take the lead in conferring one' of the greatest boosts that could he conferred on the human race before other court -1 tries. Other countries v..'ve making anxious in quiries on the subject. "i'.'ie Postmaster-General t of France and the Government of that country had been t meting inquiries on that subject with I view to adopting 1 in that country a similar plan to the one proposed by Mr. Rowland Hill, and Le knew that the Government of the I United States of America were in active correspondence l with certain parties in this country, with a view to the adoption of the same plan ; and other contirier:el nations ~- were instituting similar inquiries with the same or,ject in view, and be did consider it would be blameworthy in II this country, for the sake of five or six hundred thousand i pounds, not to have the honour of initiating a plan which I rag so essential to the comfort of the human race. He • would not go into details, but he differed from the Chan i cellor of the Exchequer as to the method to be pursued in 1 the adoption of the plan. He believed that stamped paper of all kinds sight be brought into use without giving a monopoly to any party. He was of opinion that loose stamps, like French wafers, might be ad vantageously used, those wafers had been presented to the Treasury, and td the public offices, and looking to the evidence of Nr. .1. Wood and the ether gentlemen connected with ti. , Stamp Office before the Committee, there could be no i e ..mr of the revenue suffering from forgery, in consequence of the adoption of sue plan. There was one other subject to which the ' Right Hon. Gentleman had not adverted. It aTPellred ' from the nkidence of Lord Ashburton and other lea:ling men, that rue diminishing the rate of postage would be r , very effectual in increasing other branches of the revenue, in consequence of the increased facility of communication, and he thought that the increase derivable from this source would more than compensate for any deficiency that might happen in the Post-office revenue. It was proved that I 80,000,000 letters passed annually through the Post-office, / and he believed that there was twice that number which did not, and which could not do so, in consequence of the adoption of this plan. It would also be ! of importance to the Colonies, and he believed ! I that many of the heartburnin,gs under which the i colonies now suffered would never have been felt, had the 1 colonists had a cheap mode of communicating with their friends in this country. The progress of the question had been immense. ft was proposed at the beginning of the last Session. and 320 petitions had been presented in fa vour of it—from 144 towns and cities, from 73 town councils, and from 19 chambers of commerce. This year the number of petitions had increased to leAOO, showing au increase of fivefold. The Report, too, of the Select Committee was absolutely not now to be procured, being out of print. He believed the plan would not benefit the i higher classes of the community, so much as those who were now, from the great rate of postage, absolutely de barred front intercommunication. It would also power i fully assist emigration, by enabling emigrants to communi cate with their friends iu this country; and it would also f alleviate the hardship; of those who, in consequence of the Poor-law Act (of which, however, he approved) were ll shut up in workhouses, to be able to communicate with t = their friends without, at the low rate of one penny. H e i had ;frequent communications with Mr. Rowland Hill, : to whom belonged the glory of discovering this plan, and he had found him a man of honest and ingenious mind, ii totally above misleading any person, and anxious that all his representations should be based upon the truth alone. He had always found him every thing that was honest and .!, praiseworthy, tied he was satisfied that he was entitled to the lasting irratimie of his country.—( Ch eers . ) 1 Sir ROBERT PEEL would acknowledge that, notwithstanding a defleient state of the public reve -1 = slue, if he saw a plan proposed which, although it would decrease the postage revenue, would compensate for this by the advantages which result from the establishing a tree communication by letter, he . might be induced to consent to it. But such was not the ~ proposition of the Chancellor of the Exchequer. Now cn the oth July he wishes to pledge the house to make ! good any deficiency which might result in consequence of the adoption of _that plan. He called upon the House to give a vague pledge to this effect. It was highly im , probabb. that he (Sir R. Peel) should have advised i this risk, but bad be done so he would much rather our, the risk without the pledge than with it. The i R,.eht Hon. Gentleman asked them to give their ho • no th 's to fulfil this pledge, but when his Right Hon. F s s ess ,l the Member for Pembroke had made some ub- there was no engagement on the part of the Bank to do other- , The Report was then received, and the Bill was ordered to wise—there was no breach of the public faith, and had it acted be read a third time. in any other manner it would have been open to censure. This INLAND WAREHOUSING BILL. raising of interest had be e n productive of benefit—it had put a Mr. P. THOMSON moved the second reading of this Bill. sten to the importation of continental securities to be drawn I Sir M. WOOD opposed the second reading of the Bill. against this country ; the consequence was that the rate of Mr. P. THONISON must press the second reading that Interest had become higher, and instead of foreign securities s night, but would take the discussion on going into Committee, being transmitted to England to be drawn against Exchequer i when the details of the measure would be gone into. Bills, they had been transmitted to the Continent. He trusted ! Mr. H. HINDE could not allow the Bill to pass without op this explanation would satisfy the House as to the conduct of position. He was anxious that the measure should be re the Bank. The Hon. Member for Kilkenny had also said ferred to a Select Committee. that in the month of August last the Bank of England had nine Mr. HOPE considered many of the proyisiens of the Bill million and a half of bullion in its coffers, and he asks how it hap- ! most objectionable, and he must protest against its being pens that su c h an enormous re d uct i on h a d now taken place in , read a se con d ti me at t h at h our. the amount. Th e Chancellor of the Exchequer could explain i After a few words from Mr. PEASE, Mr. HUTT, and Lord that satisfactory. This year an importation of corn had taken place into this country to the value of seven millions sterling, and how was this to be paid for except in the precious metals? The Hen. Member for Kilkenny. was entirely mistaken in his notion of the quantity of bullion in the Bank, and he hoped he would not continue to indulge in such wild and visionary statements as he had made. He had to apologise for occupy ing the time of the House, but he could not allow a breach of faith on the part of the Bank to be so broadly asserted as it had been without giving it a contradiction. Mr. O'CONN ieLL would not enter at all into what had just fallen from the Hon. Member, as he wished to confine• his attention to the question on which they were to vote. He heartily supported the resolution in both its branches. That part of it which altered the postage to a penny on each letter he thought would be one of the most valuable legislative• reliefs that had ever been given to the people of this country since he had had a seat in Parliament. It was impossible to exagge rate its importance. It would be of immense importance to his own countrymen. All parties in Ireland were agreed upon the propriety and necessity of it, and they would be surprised to find that it was to be made a party qoestion of—that they were to be threatened into a division upon it, and that this day week, was the day on whicli they were to have the struggle.--(Cries of 't No, rn') The House ought not to shrink from it. It was impossible to deny that that was intended, and that all the petitions of the people were to be frittered away into a question of how many Members could be whipped up on each side of the House. It would have been different if there had been a proposition made to separate the resolution by dividing it into two—in.o that part which re duced the postage, and that which ' crave the pled g e. That would have been the better way for Honourable Members to have proceeded who had any objection to this resolution at all, because then it would have been seen that both sides had been in favour of the reduction. That had not been done but the whole was to be opposed. LetHonnlembers look at the advantage that thi3 was calculated to afford. Could any man considerthe question and not agree with him that all the Government should have required was to be indemnified against the expence of the Post-offiee. Nay, if the postage on letters was not softie cient for that, Government ought to make a sacrifice for purpose of facilitating communication. It ought not to be burthened with a single farthing more than defraying its ex pences. It had, however, been made a source of revenue, and how ? By almost laying a prohibition on communication be tween the poor : a tax light upon the rich, but heavy upon the poor—and that was the system on which party politics was now to be called forth, for the purpose of keeping up in this country a system which burthened the poor, interfered with all the social feelings of life prevented parents from hearing from their children, and husbands from their wives. He did not charge this on the Hon. Member, who had no doubt been im posed upon. That Hon. Member charged the Bank of Eng land with having broken faith with the commercial public. The Bank of England, towards the expiration of each quarter, had been in the habit of making advances on bills of ex change. This acted beneficially, as it tended to equalize the circulation. Early in June the Bank had given the usual notice He thought it was bad enough to make Canada a party question —bad enough to make Jamaica a party question ; the Poor law had been made a party question, and many Members, be believed, had come into that House by raising a cry against the Poo. law ; but this, which was such a burthen to the poorer classes, ought surely to be exempt from party feeling. Now, there were a great loony of his countrymen in London who might wish to write to their friends in Ireland, One thing was well known of them, and that was their universal desire to save a little money to send over to their poor friends in Ireland, and, for his own part, he wished he had forty franks a day, because he was sure he could dispose of them, in assisting his poor fellow countrymen in that manner, to the best possible advantage. If, for this purpose, the poor man paid the postage of his letter, he paid more than two days wages in London. If he did not pay the postage of it, it cost a weeks wages to the party who received it in Ireland in postage ; that was one fiftieth of the income of the party who received it. If the higher classes in this country.—lf the gentleman he was now addressing, were so taxed as that— they could not receive a letter from their sons without paying a fiftieth of their annual income for it, he did not know what the extent of indignation would be that would not be expressed by them. —( Hear, hear.) It was inquired what th e d e fi c i ency was to be raised from. Was it to be put upon salt, malt, or corn ? That was part of the tactics of the gentlemen opposite. He wished the Ministers to fix , upon some tax that peradven ture there might be some objection to it. And all this was thrown out before it was certain there would be any loss at all. He wished Hon. Members to look at the effect of railroads. Upon the only railroad in Ireland a redaction of a penny upon 9d. had in creased the numbers of passengers going by the carriages 27 per cent in four months, and in that way of looking at it in all probability in a very short time any immediate decrease would be fully made up. Who could estimate the immense increased quantity of letters that would be written in consequence of this reduction. He thought the probability was, that instead of the revenue being diminished, it would be considerably increased, and were they to have a party trial under such circumstances, Were they disposed to confirm the vote for reducing the rate of postage? If they were, why then should they refuse to pledge the House that the deficiency should be made up ? Why they must make it up—( Hear, hear)—and were they to oppose the most useful of all measures because it was incumbered with a superfluous pledge ?—( Hear, hear.) Were they to oppose it because the Chancellor of the Exchequer, as an honest man, had thought he was bound to require this security, that the public should not sustain any loss by it? He thought the House would pause before it agreed to a suggestion so absurd. Ile never supported a motion with greater pleasure. _than he did the present. -- Mr. H. HINDE regretted that the Right Hon- Gentleman opposite had not brought forward a proposition to reduce the duty on post horses. He did not in this accuse the Right lion. Gentleman of a breach of faith, but he thought the post horse masters would consider it very unsatisfactory to be told by the Chancellor of the Exchequer that he refused to reduce that duty, but that he would give them a reduction in the Post office. In reference to the Post-office, he was of opinion that the House and the country ought to have time to consider the nature of the pledge that was now submitted to them. Mr. DARBY complained of the Hon. and Learned Member for Dublin having accused Gentlemen on his side of the House of attempting to bring forward a party spirit to the considera tion of this question, simply because they wished to have time to consider the effect of the proposition made to them by the Right Honourable Gentleman opposite. If a tax were to be placed on steam boats to raise the anticipated de ficiency, he was sure the Honourable Member for Greenock would complain of that. if it were to be placed on Malt, he himself would complain of it ; and if it were to be placed on salt all the public would complain of it. It was unfair also in the Hon. Member for Dublin to complain that those on the opposite side of the House had not separated the resolutions. Why did he n_t address that to the Chancellor of the Exche quer, who had pledged himself either to carry the whole reso lution or to withdraw it? Sir JOHN R. REID was surprised that the Ho sntoituureanbtlse ofa b 'Member rea fo ch r o K i ilk t e r n us n t. Kilkenny ..e re had u accgurseetdtedhitshateohne was not in the House at the tine the o b servat i on was made, otherwise he ( Sir John R. Reid) might have b een di spose d to have taken the Hon. Member up shorter than he was then disposed to do.—( Hear, hear, hear, and laughter.) The con duct which the Hon Member pursued in reference to the Bank was a regular endeavour to talk it down, and his examp l e was followed by s evera l newspapers—(Laughter)—hos vever , as to the course which was pursued, he was perfectly satisfied they acted rightly and conscientiously. Mr HUME could assure his Hon. Friend opposite that he mean no offence to him when he said that the Government of the Bank of England was entrusted to a reed. He was perfectly aware that the Directors of the Bank were all very sharp. But what would the Honourable Gentleman opposite take him up upon? He had not condescended to state. The Honourable 'Member for the City of London had said that he (Mr. H.) had made an unfounded attack on the Bank. Now he had taken every pains to have the subject fully and fairly discussed ; but if, when he brought the subject forward, the Chancellor of the Exchequer took the Members out of that House, or if Members found their way out of the House without any inter ference on the part of the Chancellor of the Exchequer, so as to occasion the House to be counted out, that was no fault of his. Everything lie had said or would say was and should be on documents connected with the Bank. He only wished the Bank to produce their documents. Let them produce them and he would show that they were calculated to create a false impression on the public. The matter had now been began— let it go on to he thoroughly discussed, and he should be :atis tied, because he did not wish any Director to stand up, and state that he said any thing not consistent with facts. One word in explanation as to the remark of the Chancellor of the Exchequer, There was Leman in the House more anxious to support public credit than he (Mr. II.) had always been, because he considered that it would be one of the grossest acts of injustice to break faith with the public creditor. Mr. Alderman THOMPSON wished to put the Hon. Member for Kilkenny right, by telling him that the notice of the 20th May had no reverence to Exchequer Bills, and that the Bank for years had net been in the habit of advancing money on them.—(Hear, hear, ), Mr. H UME said the worthy Alderman knew nothing about Loud laughter.) He had a coil of the order, and the Hon Member was altogether wrong —(Cries of " Read," from the Tory side of the House.) The first notice on the 2Sth November was to make advances on Bills of Exchange, Ex chequer Bills, India:Bonds, and others, at Three-and-a-Half per Cent. On the 28th of February the same notice was again given, and repeated on the 30th May, varying the rate of interest. The notice of the 20th June, which raised the in terest to 5 1 / 2 per cent., excluded Exchequer Bills. This was an instance of the way in which their affairs were managed. The CHANCELLOR of the EXCHEQUER said there seemed to be a discrepancy between the notices; but this was the effect of the then existing law, and not of any arbitrary lft was open to the House to de cision on the pa r t o f t h e Ban k . discuss whether it was prudent on the part of the Bank to ' raise the rate of interest, but to every gentleman who considered it prud ent, i t fol l owe d as a necessary consequence of the bad s t ate of the law respect i ng usury to be no fault of the bank. H e m i ght take this o pportunity of saying in the pre sence of the G overnor of the Ban k that he knew nothing of the alteratio n unt i l the very day on w hich it had taken place. Sir JOHN RAE REID bore testimony to the correctness of the remark of the Chancellor of the Excheqner that the Bank had had no communication with the Right Hon. Gentleman as to the course to be adopted. With respect to the remark of the Hon. Member for Kilkenny, the securities to which he had alluded were excluded in consequence of its being out of their power legally to pass them. He thanked the Chancellor of the Ex chequer for the course which he had adopted in the introduction of the Bill, and was satisfied that it would be received with thanks by the community at large.—( Hear. ) Mr SCHOLERELD said, that one Hon. Member had re marked, that no tax could be proposed but some objection would be made to it. There was one tax which he trusted would meet with no opposition, and that was a property-tax.— (Hear, hear.) The way to relieve the poor was for the rich to take the burden on their own shoulders.---Hear, hear. ) The resolution was then agreed to. BILLS of EXCHANGE BILL. Mr. BERNAL brou g ht up t h e Report of the Committee on the Bills of Exchange Bill. Sir R. INGLIS said the H o use ought not to adopt this Bill without more discussion th an h a d yet been given to it. The Bill repealed the Usury L aws i n a ll cases where the contract was above 101., and he should move that the words be omitted. The CHANCELLOR of the EXCHEQUER tion of the Hon. Baro net wou ld re duce the Bill to the stat e ec said the oh j o f uncertainty in which it h a d b ee n left by the Lewis. He was in favour of the enti re repea l o f the Usury Laws, and it was only on the ground of expediency that he had introduced the exemption. Mr. DARBY thought the words injurious to many interest s i n t h e coun t r y. The House then divided, w h en t h ere appeared— For the Amend ment in the Bill would be very II Against it ............................. 92 Majority against the Amendment —Bl calculation was the greater expedition with which the letter-carriers would deliver their letters, By the 18th Report of the Commissioners of Revenue Inquiry, it appeared that the average time of delivering franked letters was three seconds per letter, whilst that of delivering un paid letters was eighty seconds.—( Hear.) These results were so striking, that he viewed with alarm any hesitation on the part of the Chancellor of the Exchequer as to the expediency of adopting the plan of pre. payment. An ob. jection had been urged by Mr. llaculloch that the public would be subject to great insecurity by means of stamps paid in advance, but a system of registration was proposed, which would give greater security than under the present system. The Chancellor of the Exchequer had rather prematurely introduced the subject of alarm amongst the paper manufacturers. But it was premature at present to discuss the details of the plan. Let the Government advertise their desire of having plans submitted which would prevent the dangers of forgery, and let them adopt the plan best calculated to effect that object, and no individual would have any right to complain. They might either assign a pecuniary reward to the in dividual who sent in the plan, leaving it to the paper maker to avail themselves of the plan, or they might give the manufacturer of the stamps the best plan :—He would now come to the question of the pledge to be given by Parliament. He must admit that the Right Honourable Gentlemen opposite bad argued this question with the most perfect fairness. As far as he could collect the arguments they were in favour of Mr. Hill's plan, but the only difficulty he had was in the way of revenue. When he heard of this plan of the pledge to be given by Parliament, lie said he must see the resolution before he assented to it. He wanted to know when it was that Parliament intended to make good any contingent deficiency in the revenue? Hear, hear, hear.) When the plan had under gone a fair trial, if there should be a deficiency, he should be ready to adopt any new tax, but he agreed with the Honourable Member for Greenock, that the present plan could not receive a fair trial in twelve months. He did not want to raise any, but he trusted that Parliament, when it was called upon to impose new taxes, would judge whether it was right or proper to impose them or not. Could any body gainsay that, if they got a surplus revenue from other sources, they were to make new taxes for the purpose of keeping up that pledge. He would take the case of the advertisement duty. When that was reduced from 3s. 6d. to Is. 6d., of course a considerable reduction took place in the revenue, but it had been improving ever since, and in the course of four years, it had reached upwardsof 75 per cen. of its ori ginal amount. Under such circumstances, would it be right in Parliament to put the public to the icconvenience of having new taxes put on them until th e measure h a d b een f a i r l y tr i e d , ' which he considered could not be done under three years ? He believed that in that time a revenue equal to the present would be found to result from the adoption of the new plan. He thought the Government were entitled to the thanks of the country for the course they had adopted, and he hoped the public would properly appreciate what they had done. Mr. W. ATTWOOD said, if the Right Hon. Gentleman meant by the resolution that Members were bound to pledge themselves to accept any tax they might choose to fropose to muke up the defficiency, he thought he would have some difficulty on getting Hon. Members on that side of the House to give him that pledge. With respect to the state ments that had been made by the Chancellor of the Exchequer relative to the finances of the county, he could not let that part pass by, in which he stated that he anticipated an improving remedy in the present year. Now, he must ask the Chancellor of the Exchequer upon what ground he made that statement. For his own part, he thought it was much more probable that the revenue in the present year would be less in stead of greater than last. Were not commercial affairs full of doubt and danger? and was not the bullion or the coffers of the Bank reduced to the lowest possible ebb. What, therefore, was to be expected but a decrease in the revenue. If there was a deficiency, was the Chancellor of the Exchequer prepared to meet the difficulties it would throw the country into. He trusted, when an opportunity was afforded for discussing the arrangements necessary to provide for the deficiency that the House would take the question totally into its consideration. The CHANCELLOR of the EXCHEQUER could as sure the Right Honourable Gentleman opposite that he was most motions to have the proposition for a penny post discussed in the House fairly.—(Hear, hear.) He would either take that discussion on the bringing up of the Report on the resolution, or the second reading of the Bill founded upon it, whichever way was most convenient to the Right Hon. Gentleman. Perhaps the Right Hon. Gontleman would have the goodness to state the course he wofild rather have adopted. Sir R. PEEL thought that the best course to pursue. would be to discuss the question on the Report, and take the sense of the House upon that stage. He was not desirous of offering any vexatious opposition to the measure. The CHANCELLOR of the EXCHEQUER said he would fix the report on the resolution for Friday, with the under standing that the discussion would be taken then. He felt bound to return his sincere thanks to the Right Honourable Gentleman the Member for Cambridge, for the manner in which he had discussed the question. The Honourable Mem ber for Tamworth had said that he could not pledge himself to agree to new taxation, unless he could hope to see in the country a surplus revenue of 1,500,000, and he had declared his opinion to be adverse to the measure, unless such a result could be produced. That was, in his opinion, treating with great lightness the deliberate pledge of the House of Commons. He considered, notwithstanding the statements of the Hon. Mem ber for Kilkenny, that there was no analogy between the reso lution and a pledge given in which the public credit was can cerned. If the doctrine that a Parliamentary pledge as to a matter of revenue was to be treated as a matter of slight im portance, he should like to know on what security the public creditor rested. The pledge that he asked was not a party pledge—not a pledge to the Government of the day— not a pledge to their constituents—(Hear, hear)—but a pledge to the public creditor, that if, by means of any act of their danger should arise of any deficiency in the revenue, on which his dividends depended, they would hold themselves in dividually and collectively pledged to provide a remedy to meet that danger. The pledge that he asked was of a different nature from a pledge on political questions, reference had been made to what had fallen ft om his Noble Friend the Secretary at War, in reference to the Reform Bill, every one must know that political aspects were constantly varying, but by a pledge to pay the dividend to the public creditors they must abide, as long as they hope to maintain their faith before the world. The probable amount of Exchequer Bills required to meet the charge on the Consolidated Fund July 5, 163,) , Quarter ended i ,P 91,954 FROM LAST NIGHT'S GAZETTE GENi , 'RAL DEFENCE FUND. TO THE PEOPLE OF THE UNITED KINGDOM. AT a MEETING of the CONVENTION on THURSDAY, July 4, Dr. FLETCHER, Delegate for Bury, in the Chair, the following resolutions, being part of a Report from a Select Committee previously appointed, were unanimously adopted : ' Ist. That we recommend to the public the establishment of a " General Defence Fund," as well as a Select Committee and Treasurers for managing such Fund, in order that efficient legal assistance and support be rendered to such Chartists as have been or may be prosecuted, and who in the opinions of that Committee may appear worthy of such assistance and support. on a fitting occasion, if the rapidity with which events are likely to succeed each other will permit us, boldly state our own opinion of the transaction. We will now merely say, because authority, law, and success may be on one side, we do not jump. to the conclusion that guilt must necessarily be on the other. DOWNING-STREET, JULY 3, 1839. The Queen has been pleased to appoint Somerville William Harcourt Ramsbottora, Esq. to be Provost Marshal General of the Island of Grenada. CROWN-OFFICE, JULY 5, 1839. Days and Places appointed for holding the Summer Assizes, 1839, viz.- HOME CIRCUIT. The Right Hon. Txt.;;;loanD;:;aiAN, Lord Chief Jus tice; the Ri ht H. n. Sir NICHOLAS CoNYNGHANI TINDAL, Knt., Lord Chief Justice. Hertfordshire—Thursday, July 11, at Hertford. Es sex—Monday, July 15, at Chelmsford. Kent—Monday, July 22, at Maidstone. Sussex—Monday, July 29, at Lewes. Surrey—Monday, August 5, at Croydon. MIDLAND CIRCUIT. The Right Hon. JAMES Logs ABINGER, Lord Chief Baron; Mr. Justice LITTLEDALE. Northamptonshire —Monday, July 8, at Northampton. Rutlandshire—Friday, July 12, at Oakham. Lincolnshire—Saturday, July 13, at the Castle of Lincoln. City of Lincoln—The same day at the City of Lincoln. , Nottinghamshire—Thursday, July 13, at Nottingham, Town of Nottingham—The same day, at the Town of Notting ham. Derbyshire— Saturday, July 20, at Derby. Leicestershire—Wednesday, July 24, at the Castle of Leicester. Borough of Leicester—The same day, at the Borough of Lei cester. City of Coventry—Saturday, July 27, at the City of Coventry. Warwickshire—The someday, at Warwick. NORFOEK CIRCUIT. The Right Hon. Sir JOHN VAUGHAN ; the Right Hon. Sir JOHN BERNARD BOSANQUET. Buckinghamshire —Monday, July 15, at Buckingham. Bedfordshire—Thursday, July 18, at Bedford. Huntingdonshire —Monday, July 22, at Huntingdon. Cambridgeshire—Wednesday, July 24, at Cambridge. NorLlk—Monday, July 29, at the Castle of Norwich. City of Norwich—The same day, at the Guildhall of the said City of Norwich. Suffolk—Saturday, August 3, at Ipswich. OXFORD CIRCUIT. _ _ _ Crowded as are our columns, we have ample space for all the news of interest contained in the Paris Journals of Thursday, and the Madrid Papers of the 27th ult., received this morning. With the exception of an uninteresting Report of the proceedings before the Court of Peers, they contain nothing but dull tepiti; lions of .‘ thrice-told tales." Advires of an old date from Constantinople and Alexandria, apprising, the public of possible occurrences in the East. Senor XIMENES, Spanish Minister of Finance ad interim, has formally accepted that now (as regards money. handling) sinecure office. 2d. That the necessary funds be paid in to such Select Corn rdttee, and that all persons needing legal assistance and sup port communicate to them through their Secretary, in order that each case may be fairly examined into, and assistance ren dered, or refused, according to the respective merits of each. 3d. That Local Committees be appointed in various parts of the country for the purpose of raising funds, and to co-operate with the Select Committee to carry out the above object. 4th. That the following delegates form a Select Committee (pro. tern. ), viz., Messrs. Hartwell Cardu, Hussy, Noir, J. Taylor, Pitkeithly, Itl'Douall, and Lovett. L. PITKEITHLEY, Treasurer. R. HART WELL, Secretary. All subscriptions or communications to be directed to the Se cretary, Mr. Hartwell, at Dr. Johnson's Tavern, Bolt-court, Fleet •street, London. OUSE OF COMMONS. (THIS DAY.) The SPEAKER took the Chair at Twelve o'Clock. The House went into Committee on the Factories Bill. Lord A s 'HAY complained that he had only received copies of the proposed amendments at ten o'clock this morning. Mr• F. Mau LE explained. On clause 18, relating to education, being read, some dim 23- si n ensued. The clause, as amended by Sir J. Graham, was ultimately agreed to. [We will give the conclusion in a Second Edition.l Mr. Baron ALDERSON ; Mr. Justice Witumsis. Berkshire-Monday, July 8, at Abingdon. Oxfordshire-Wednesday, July 10, at Oxford. Worees.teeshire-Saturday, July 13, at Worcester. City of Worcester-The same day, at the City of Worcester. Staffordshire-Thursday, July 18, at Stafford. Shropshire-Wednesday, July 24, at Shrewsbury. Herefordshire-Saturday, July 27, at Hereford. Monmouthshire-Wednesday, July 31, at 'Monmouth. Gl9ucestershire-Saturday, August 3, at Gloucester. City of Gloucester-The same day. at the City of Gloucester. WESTERN CIRCUIT. Mr. Justice COLERIDGE; the Right Hon. THOMAS ERSKINE. Southampton-Wednesday, July 10, at the Castle of Winchester. Wiltshire-Tuesday, July 16, at Devizes. Dorsetshire-Saturday, July 20, at Dorchester. Devonshire-Thursday, July 25, at the Castle of Exeter. City of Exeter-The same day, at the Guildhall of the said City of Exeter. Cornwall-Thursday, August 1, at Bodmin. Somersetshire-Thunday, August 8, at Bridgewater. City of Bristol-Wednesday, August 14, at the Guildhall of the said City of Bristol. NORTHERN CIRCUIT. Mr. Justice COLTMAN ; Mr. Baron MAU LE. Yorkshire-Thursday, July 11, at the Castle of York. City of York--The same day, at the Guildhall of the said City of York. Durham-Wednesday, July 24, at Durham. Northumberland-'aturday, July 27, at the Castle of New castle- upon- Tyne. Town of Newcastle-upon-Tyne-The same day, at the Guild hall of Newcastle-upon-Tyne. Cumberland-Thursday, August 1, at Carlisle. Westmorland-Tuesday, August 6, at Appleby. Lancashire-Thursday, August 8, at Lancaster. Lancashire-Tuesday, August 13, at Liverpool. CIRCUIT OF THE PRINCIPALITY OF WALES AND COUNTY PALATINE OF CHESTER. Mr. Justice PATTESON ; Mr. Baron GURNEY. Giamorganshire-Tuesday, July 9, at Cardiff. Carmarthenshire-Saturday, July 13, at Carmarthen. Borough of Carmarthen-The same day, at the Borough of Carmanhen. Pembrokeshire-Monday, July 22, at Haverfordwest. Town of Haverfordwest-The same day, at the Town of Ha verfordwest. Cardiganshire-Monday, July 29, at Cardigan. Brecknockshire-Thursday, August 1, at Brecon. Radnorshire-Tuesday, August 6, at Presteign. Montgomeryshire-Saturday, July 13, at Welch Pool. Merionethshire-Tuesday, July 23. at Dolgellv. Carnarvonshire-Saturday. July '27, at Carnarvon. Anglesey-Wednesday, July 31, at Beaumaris. Denbighshire-Saturday, August 3, at Ruthin. Flintshire-Wednesday, August 7, at Mold. Cheshire-Saturday, August 10, at the Castle of Chester. He was sure, if he had introduced this resolution without providing for this emergency, although he would not have met with this opposition from the Hon. Gentleman whose faith was so strong on the penny postage, if he knew any thing of that House, it would net have been possible to ori ginate this Bill without such a pledge—without raising an outcry, it would be used out of doors to alarm and terrify, and would create more dangers and difficulty in respect to this mea sure than the hostility of Hon. Gentlemen opposite, he there fore called all those who are favourable to the measurenot to speak slightingly of the pledge. He had been asked by the Right lion. Gentleman opposite if there should be a deficiency of the Post-of fice revenue, and a large surplus of the other branches, if they would be called into fulfil the pledge, he would answer, No— because this measure purported only to do good in respect to the Post-office, but to be of important service to the general revenue of the country, in consequence of the increased com munication which it would occasion. Suppose the Post office should lose 500,0001. a-year, but the other branches of the revenue should increase one million, the public faith would not be endangered, and the pledge would remain in abeyance until such a contingency should occur the Hon. Gentleman had said that the House was not pledged by this resolution to any particular tax, and that he might be beaten upon every tax he might propose, he could not anticipate such an event, as he thought lie should be dealt with in good faith; but he believed that if the House of Commons had pledged itself, although the Chancellor of the Exchequer might be beaten upon some particular tax, the House of Com mons would feel itself bound to see the public faith upheld. He should not be justified in carrying on this proposition unless he had such an assurance. Witkregard to what had fallen from the lion. Member for Kilkenny on the subject of the Bank affairs, he did not think that he ha acted fairly by the Bank in that dis cussion, he thought sueh a discussion inconsiderate arid incau tious, and that it ought to be avoided. No much evil might, but no good could possibly result from such a discussion, and before bringing forward the question, he wished the Hon. Member would consult with his friends on the subject, who would acquaint him with the real facts of the case, and show him how much he had been misled with regard to the subject. Mr. GILLON said that the discussion had been directed al ternately to the consideration of the affairs of the Post-office, and to the explanation of the general financial state of the country. It was very inconvenient that such subjects should be brought forward at such a late period, anti he agreed with the Hon. Member for Kilkenny, that it would be advisable to resort to the old practice of finishing the financial year on sth January, but at this period of the Session, Hon. Members were paring off and leaving the affairs of the country to look after them selves. It was impossible to give this subject the consideration it required. He rejoiced to see that the Chancellor of the Exchequer had applied to the principle of the shilling taxation, and wished he had taken up the subject on a larger scale. so as to lighten those burdens which press more particularly on the industrious classes of the community. He was disap pointed that the Post-office was the only subject on which a remission of taxation was to take place. He had hoped that there would have been a remission of duties which press so unequally on the internal communication of the country, and mere particularly so as the Chancellor of the Exchequer had, at an early period of the Session, given him a specific pledge that he would remedy this most unequal systern • of.-taxation, by which Government, without any fault of their' own, had been reduced from a state of prosperity to poverty, and on the faith of that pledge he had withdrawn a motion which he had brought forward on that subject; he had been blamed for this, but all persons connected with these interests had looked forward with confident hope that the Session would not pass over without the Chancellor of the Exchequer introducing some measure to remedy this evil. He would read an extact from a letter which he had that day received from the Secretary to the posting masters of the West of Scotland , He had not been altogether unprepared for this, because he had had an interview with the other C personshaneellorof interested Exchequerrestedin t t he e on m theatte matter, subject, andhe had understoodin company with from him that there was no hope of any measure being intro duced on H the subject this Session. e had communicated the result of this interview to the gentlemen, and he received an answer this moniing, expressing their regret and disappointment at this unexpected and extraordinary conduct on the part of the Chancellor of the Exchequer. In this opinion he fully agreed, and he should not be satisfied until he had taken the decision of the House on the subject. He should bring it forward on the motion of going into a Committee of Supply on some fnture night, and he trusted the Chancellor of the Exchequer would bring on the discussion at an early hour, so that the opinion of the House might be fully tested. The CHANCELLOR of the EXCHEQUER stated in reply that when lie gave that pledge the postages question was not under consideration. He had had the honour of receiving the Honourable Member and the Deputation on that subject, and he had told them frankly that having undertaken the consideration of the Post-office question, he could not consider any other question at that time. These Gentlemen express their regret, but so far from being disap pointed, they seem to acquiesce with him in opinion. He thought it necessary to make this explanation in reference to the personal charges which had been brought against him.— ( Cheers.) Mr. Alderman THOMPSON thought nothing was more de trimental than the shifting of taxation. He thought it would have better policy in the Chancellor of the Exchequer to have come boldly forward and proposed the funding to a considerable amount of r..xchequer Bills. He also witnessed w ith regret that he had departed from the van of former Chancellors of Exchequer, and not take care to keep his expenses within his means. With respect to the Bank of England he entirely concurred with what had fallen from the Chancellor of the Exchequer, as to the impolicy of bringing forward any discussion on the subject. If he did bring it forward he hoped he would come prepared with facts obtained from sources on which dependence could be placed. The statement hg had oracle was grossly exag gerated. The Bank had announced that until the 3d of July they would make advances at 5 per cent., at that period 5 per cent. was lower than the market value of money, arid it was ex pected that the export trade would be brisk, but this had not been the case, and foreign exchanges had become a shade lower —in co nsequence the Bank, in the proper discharge of its duty, was entitled to raise the rate of inte rest, it consequently raised it to 5% 'per cent. ; DECLARATIONS OF INSOLVENCY. THOMAS ROBINSON, tallow chandler, Hungerford street, Strand. THOMAS PAGE and JOHN PAGE, iron founders, Wickham, Southampton. BANKRUPTCY SUPERSEDED. WILLIAM FRANKLAND, coach proprietor, Liverpool. tagcous for both interests, but that it must be a question of time. But he (Mr. W.) contended that if taxation was - too high, the present was the time for making proper 1 , reforms, and the sooner the Tediedy was applied the sooner we should have a progressive revenue, and the'prospect of a surplus. The question then was what was the sort of remedy to be applied. The rate of taxation was from 1.000 to 1,400 per cent., the average cost of a letter being throe farthings, and the charge Vid. In France the cost of a letter on the average was the same, but the charge was 40., being five-fold and a fraction, instead of ten. He would now allude to the opinion of Mr. Cobden, of lanehester, a mercantile man of the highest character, who stated the post-office was a complete failure, as a com mercial establshment, as was proved by its being stationary in the amount of its profits and returns. He might quote a host of opinions in corroboration of this view, but would only allude to the opinion of Mr. Jones Lloyd, the value of which was known by every one.—( Hear, hear.) That Gentleman stated this to be an unfit subject for any taxa tion at all.—( Cheers.) The Chancellor of the Exchequer said, in the course of his speech, that during one particular quarter there had been an improvement in the Post-office revenue of 9 per cent. ; but when he considered there was in the course of several years only an improvement of IA per 1,000, he would not expect any favourable inferences to be drawn as to the prospect of any permanent improve ment.—( Hear, bear.) He believed that a moderate re. duction in the Post office charge would be a total loss to the revenue, and that there would be no chance but by making such a reduction as would give rise to large and new classes of correspondence. —( Hear.) The Committee came to the conclusion that a uniform rate of 2d. was better than no uniform rate at all. He (Mr. H.) proposed a charge of Id., but was outvoted, and then of lid., and was kgain o vo u t tv e o o te f d, and the rate of 2d: was carried by the casting that he ac o c f e a de 2 d d ,. b r e a c te au w s o e u a l l d l the ar gu t m be n C ts ha w ir ric a h n, were t e in equally apply to a Id. rate.—(Hear.) The changes that were necessary to remedy the evils that now existed were of two kinds; first, the reduction of the rate; and, secondly, such measures as were necessary for giving every facility to the Post-office c ommunications. He had already alluded to the reduction, and he n ow came to the measures neces . sary for giving the fa c ili t i es. Amongst the measures to give these facilities wa s t h at of payment in advance ; an d he thought the measure would be found to fail unless pre payment should be enforced.-" (Hear.) One of the argu ments in favour of pre-payment was, that if under the pre sent system they could not tell t o what extent collusion was carried amongst the deputy-postmasters, it would be impossible to do so when the number of letters was mul tiplied. It WAS quite clear, therefore, that in this view of the case, to secure the revenue, pre-payment was neces sary. Now, as to economy in the collection of the revenue, Mr. Hill had made a calculation that the cost of the col lection of the revenue by means of stamps, would be one sixth of the present system. One of the elements of this ;servatio non the obligation of honour, he had been rnetirr 1 - , the NobV.! Lord, who had stated it was i m p oss ibl e t h at con ' tiderationq .11f private honour could ever be permitted to in terfere with pablic duty. They were asked for a pledge to make good thegieficiency : was it the meaning of the resolu tion that they w•eve to impose a tax to supply it ? Suppose there should be a deficiency in the Post office, but an ac tual increase in thc jt - oss revenue, would they be bound by the pledge ? The CHANCELLOR of the EXCHEQUER—No. Sir R. PEEL—That wOuld be an additional reason for I not entering into a pledge so indefinite. When were they to be called on to redeem- this pledge? At the end of one, twa , or three years? He could not understand this pledge, s and be did not b e li eve that the Right flo.o. Gentleman w*,uld find that Parliament, on the th July, would bind it'd: by such a pledge. The thing was unexampled, and .'. it was only intended t o get rid of the difficulty of making i up for a deficiency of rev enue, by i imposition of a new the tax. It was a mode of proc ee di ng discreditable to Pir • 1 Hal:tent, and dangerous to the public credit bys tatin g i that they expected a deficiency in th e ' ' public revenue. There had been a de fi ciency for thelast three years. Considering the complicated state of all pla ces in the t world--considering the state of Canada— wi' 1 might not I be a permanent one ; yet, looking at the Ja ma j c ' i lookine• at the affairs 04 the East—looking at the e p a ffau-rg-ra .l tions that had been tirade by France to meet - t r h e. m e -- 1 I looking at the frontiers of India, which though the e E a T I India Company might be expected to submit to for a time , t 1 might not continue to do so—what was the House called upon to do? Th.: Right Hon. j;enticman, referring to the opinions of Lord Ashburton, anJ anticipating a de ! fiCieney of one million and a half, inv i ted Par:L'inent to I give a pledge that they would make goo.'l that defie!ency. He was not prepared to run the risk of the proposition, 1 but if he were he would infinitely rather dor .it without a pledge. If this country was to expect a taxation of 1,500,000 L, would it not be thought that every particular $ _branch of manufacture, or every particular cOnniaociity 4 might be made the subject of taxation ?—( He ar, hear. ) ''t But when was that pledge to be redeemed ? Was 1 1 it to be at the end of the first or second year, 1 or when? If they were to redeem the pledge at the ex piration of one year, then they were to be called upon at that time to supply that deficiency; and there had not been a reason alleged Ivily they would not have to be called 1 upon to supply those deficiencies. There would be just the same reason for callin g on the House to supp l y the de ficiencies that had arisen for the last three years , i as there , would be to supply the deficiency that arose from the i f Post-office, and with one million short this year of the cxpen- I diture, they were about to haz ar d l os i ng 1,500. ,0001. next year, t and to content themselves with a pledge to supply that which was perfectly indefinite as to the amount, or as to what the taxation was to be by which it was to be raised. He must gm . rierramemeseansees.......--.................................. BANKRUPTS. FREDERICK MANSELL, engraver, Myddleton-street, Clerkenwell, to surrender, July 12, at two, and Aug. 16, at one, at the Court of Bankruptcy. Belcher, King's Arms yard, official assignee; Selby, St. John -street-road. ROBERT ADAMS, engineer, Greek -street, Soho, July 12, at half-past two, and Aug 16, at twelve, at the Court of Bankruptcy. Abbott, official assignee ; Davies, Warwick street, Gulden-square. THOAIAS WESTBURY HALL, drysalter. Fen-ootirt, Fenehurch-street, July 12, at half-past twelve, and Aug. 16, at eleven, at the Court of Bankruptcy. Green, official assig nee, Aidermanbury ; Tauner, Pudding-lane. JOHN RAM SBO TEI OM, hackney-coach proprietor, Man chester, July 19 and Aug. 16, at ten,. at the Commissioners ' Lincoln's-inn-fields, fieds Rooms, Blanchester. Ar: London. Manchester ; Scott and Bennett, SAMUEL SHARROCKS and HENRY SHARROCKS, cotton-spinners, Chorlton-Upon-Medlock, Lancashhe, July 19, at twelve, and Aug. 16, at eleven, at the Commissioners' Rooms, Manchester. Cooper, Manchester ; Adlington, Gre gory, Faulkner, and Follett, Bedford-row, London. THOMAS STEPHENS, marine-store dealer, Liverpool, July 15 and Aug. 16, at eleven, at the Clarendon-rooms, Li verpool. Vincent and Sherwood, Temple, London; Little dale and Bardswell, Liverpool. BENJAMIN WOLFE FRANKLIN, merchant, Liver pool, July 15 and August 16, at twelve, at the Clarendon rooms, Liverpool. Holden and Clarke, Liverpool; Walmsley, Keightley, and Parkin, Chancery-lane, London. GEORGE WILLIAM DALMAINE, licensed victualler, Cannon-street, London, June 11, at twelve, and August 16, at two, at the Court of Bankruptcy. Lackington, official assignee, Coleman-street-buildings; sawyer, Bow-lane. RICHARD JACKSON, organ-builder, Great Bolton, Lancaster, July 17, at one, and August 16, at eleven, at the Commercial Inn, Great Bolton, Lancaster. Norris and Allen, Bartlett's-buildings, Holborn, London ; Jackson, Great Bolton. ANTHONY APCOY, marine-store dealer, Liverpool, July 20 and August 16, at two, at the Clarendon-rooms, Liverpool. Vincent and Sherwood, Temple, London ; Little dale and Bardswell, Liverpool. SAMUEL BIRD, plasterer, Leamington-priors, Warwick shire, July 20 and August 16, at two, at the Lansdown Hotel, Leamington-priors. Weeks and Gilbertson. Cook's-court, Serle-street, Lincoln's Inn, London; Carter, Son, and Kerr, Coventry. JONATHAN BECKETT, ironfounder, Liverpool, July 23 and August 16, at one, at the Clarendon-rooms, Liverpool. Neal, Castle-street, Liverpool. GEORGE SUTTON, draper, Harlington, Derbyshire, July 15 and August 16, at eleven, at the Rutland Arms Inn. Bakewell, Derbyshire. Fox, Ashborne ; Abbott and Arnot, Charlotte-street, London. JOHN BENTLEY and THOMAS BROWN, merchants, Manchester, July 25, and Au g . 16, at e l even, at t h e Court house, Bradford. Jacques, Bettye, and Edwards, Ely-place, London; Crossley, Bradford, BENJAMIN HOBSON, hosier, Liverpool, July 15, and Aug. 16,, at twelve, at the Clarendon-rooms, Liverpool. Lowe, Temple, London; Leigh and Sanders, Liverpool. JOHN FRASER, broker, Liverpool, July 17, and Aug. 16, at one, at the Clarendon-rooms, Li ver p oo l. Vneent and Sher wood, London; Littledale and Bardswoll, Liverpool. THOMAS and WILLIAM YA RROLL, tailors, Goswell street, July 13, at one, and August 16, at half-pas ose, tthe Court of 'Bankruptcy. Groom, Abchurch-lane, officio as signee; Alardon, Newgate-street. THE NEW NOVEL. Now ready at all the Librariei, 11;3vols. post Bvo., TEM P TAI'ION, or, A WIFE'S PERILS. Henry Colburn, Publisher, 13, Great Marlborough-street. THEATRE ROYAL, COVENT GARDEN. The Public is respectfully informed, that the PRESENT MANAGEMENT WILL TERMINATE • WITH THIS SEASON. THIS EVENING, JULY 6, Will be performed the Historical Play of KING HENILY V., From the Test of Shakspeare. King Henry the Fifth, Mr. .Macready. After which, THE QUAKER. To conclude with, CHAOS IS COME AGAIN. On Monday, King Henry V., with Fra Diavolo. ROYAL SURREY THEATRE. THIS EVENING, Jct. , - 6, NVill be repeated the New Mygtieal Drama, entitled THE PHANTOM SHIP. Philip Vanderdeeken, Mr. E. F. Saville ; Amine, Mrs. H, Vining After which, the New Comic Drama, called THE BREWER OF PRESTON. To conclude with, THE SEVEN CLERKS. ROYAL SURREY ZOOLOGICAL GARDENS. Under her MAJESTY'S IMMEDIATE PATRONAGE. GRAND PROMENADES MUSICALES ET CHAMPE TRES, and ERUPTION of HECLA COMBINED ! ! First Exhibition of the Extraordinary New Light, KONIAPHOSTIC ! On MONDAY, TUESDAY, and THURSDAY, Jut , / 8,9, and A GRAND INSTRUMENTAL CONCERT, By a splendid Band, composed of the most distinguished Instru mental Performers in the Metropolis, Selected and conducted by Mr. Godfrey. Commencing at Six o'clock. At Dusk will be introduced, for the first time, an extraordinary novelty, produced under the superintendance of Mr. H. Carter, ealled KONIAPHOSTIC, by which the Whole Gardens will be illumined in the most brilliant manner with One Central Light. To be followed by the ERUPTION of MOUNT HECLA. Admission One Shilling• Hour of Feeding the Carnivora, Five o'clock. TO CORRESPONDENTS. The Letter from Tamworth, and D. D., shall appear when we can find room for them. HII4I WATER AT LON1);)/%1 BRIDGE TO- \!ORROW. Morning "I'2 minutesafter 10.1 Eveninr , lO minutes atter 11. 44 1 -4 ' Zile ‘...iina. LONDON ; SATURDAY, JULY 6. 183% We have no space to refer to either of the in teresting debates which took place last night in the two Houses.• In the Lords the Archbishop of CANTERBURY brought forward his resolutions—a long and spirited discussion ensued, which lasted till nearly th ree o ' c l ock, and ended in a division. The numbers were —contents present 171, proxies 58 ; non contents present 80, prtx;es 38. total 229 and 118—majority for . Priestcraft, and again education, 111. . In the Commons Mr. Rtog.hrought forward his Budget, and moved a resolution for establishing a uniform penny postage, which was not opposed, though Sir IL PEEL declared he would oppose it if he stood alone. A discussion on the resolution, however, is to he taken next Friday. 'We add, that the returns of the revenue just made up show an increase on the quarter of 308,1751., and on the year of 2,076,659/. ; the principal increase being in the Customs and Ex cise. It is something satisfactory to find that the revenue increases, although the expenditure in creases in a greater ratio. Sir ROBERT PEEL the night before last, and the Times yesterday morning, pretended that the division would h ave turne d out more f a vourably for the Tories had it taken place at a later hour. We doubt their accuracy, particularly when we see the names of Lord ELIOT, Mr. PUSEY, and Sir C. COOTE in the division against them. Perhaps, had it taken place at a later period a much larger defection from Sir ROBERT PEEL'S corps of Ultras would have been made manifest. We know, for example, that Mr. BARING WALL paired off against him, and there must be amongst the Tories many gentlemen who are affronted by the rampant bigotry of the SHA WS and LEFROYS. We are happy to say that the most recent proceedings of their own party in Ireland, who have behaved with ' moderation, demonstrate that they nourish an ani mosity peculiarly their own, and go beyond th e i r friends in evincing hostility to their Catholic coun trymen. We gave in a Third Edition yesterday evening, and repeat this morning, all the particulars that have reached us of the proceedings at Birmingham. We only advert to them to guard ourselves against the supposition that we look on them either with indifference or approbation. On the contrary ; in us they excite deep and poignant regret, not un mingled with apprehension. Cautiously forbearing at present from saying one word as to the conduct of either party, we certainly shall in due time, and MONEY AND COMMERCIAL NEIV CITY, TWELVE O'CLOCk. LIVERPOOL COTTON MAREET, JULY s.—The market con tinues exceedingly flat. Our arrivals this morning are a French mail—no ship letters. THE FUNDS. Although the Quarter's Revenue is favourable, as well as the small deficieecy in the income, the Ministers' Budget last night has not had any effect on the British Funds this morning, no doubt owing to the bad state of the Foreign Exchanges. Consoll.•which closed- yesterday at 939 ~ for the Opening may be quoted this morning at 931 i, since which they have been done at 93} i, with little doing. Exchequer Bills, 2b 27 - India Ponds, 2t3 30 ; Bank Stock, 191 1 92 ; India Stock , . 255 257. In the Foreign Market, Spanish Active, 19i i ; Portuguese, 341 4 ; Three per Cents., 2li a ; Chili an B on d s i mproved to 37 39 ; Colotnbian, 33 9 ; Brazilian, 779: B e lgi an , 1021 ; Mexican, 21i ; Dutch Two and a -Half net Cents., 541 f; . Five per Cents., 1024 103. Pll ICES Ok STOCKS Tlll5 DAY AT 01+71'., O'CLOCK, Hank Stock l5l 21 India Stock .... .......... .... 250% 1 3 per Cent. Red. 3 3 per Cent Cons. 9 1 ,1( 21% ! South Sea 5t0ck . ................ .... .- per Cent.... —l Old Annuities. ...... .......... -...... Ditto Red. 9'ii ; New Ditto -- New 3%, per Cent .......11N li%; 3 per Cent. Annuities. 1751 --... New 5 per Cent. '.:B 26 pre. Jan. 5, 1860 14% 7-16 1 Ditto Small 27 29 pm- Oct. Id, 1859 --1 Ditto Commercial...-. .... pm.. Jan. 5, isCin. Ditto Advertised ..... -..— pm.. Jan. 5, IMO — Bank Stock for Account ... .----• April 5, 1880 --• India Stock for Account ... ' ---• Jan. 5. Inn . PRICES or FOREIGN FUN --1 Caner for A ccount 930 ;),i Brazi ian Bond s 7DS THIS Dia AT ONE O•LCICIit. '1 wo-and. s H a lf per , e; ts74i ;. 5 Bue4%; nos Ayres, Is ; R ussian. 113; Dutch Five per Cent, 103. A. etticEs OF SHARES THIS DAY AT ONE O'CLOCK. Paid. Per Share. Great Western Railway Company ........ 65 724 Brighton Railw,,, .... , . Anglo Mexican Mint BOURSE, PARIS, THURSDAY, JULY 4. 1 Ilret Highest Lowest Last. French 5 per Cents 3 per Cents 79 :0 ... .. 111 !..5 ~. 1 1 Co 79 30 Rank or trance pill .4705 .2705 Ealfitte Bar k I. o oof. M.- ... . 1050 ...;1155 .„1030 ...1055 5,00 ,, f :. , h 5lBl -.5190 ... 5180 ...5190 Belgian 5 per Cents 11)2 „. 102 ... in. 2 ... !02 __ Bank 772 50 ... 772 50 ~. 772 50 ... 772 59 Snaiii,h Ac ire ill' s ... 19% ... 19% ... 19%. Don Miguel "ea °hull 99 65 ... P 9 65 ... 99 65 .. 94 65 Roman . 1011 A ... 10114 ... 101 1 4 ... _41.14 ~ .HALPPAST ON alloipnrge.henTsihvee thhiagththperiacbroef The Foreign Markets are thLly attended, little busine bad been done during the morning. Money is rather more abun-: dant, aril may be obtained at 5 per cent. of private persons, gold at Hamburgh and the Exchange continuing lower will w e continue are cause a further exportation of the precious metals. To the present time the only effect which the late Bank measure has had, is the lowering of the Cotton market at Liver reantegooofddsiesecuourintyt pool. . Consols at present, 93 1 / 2 for the opening; Exchequer Mlle, 27 ; India Bonds, nothing done; Bank Stock, 191 192; , w a i l l t l ho n u o g t h Indian, 250 1 4 251. Spanish Actin, nothing do ne ; P ortuguese Three per CeWts, 21 I/ g ; Colombian, 33* a ; Brazilian, 77%; D utc h Two-aticl a-half per C e nts, 54% %; Five per Cents, 1031. No further arrivals nor any reports. THE MARKETS.-(THIS DAY. COVENT.GA RDEN. Supplies abundant, trade brisk, and prices en the decline. NEWGATE AND LEADENHALL. Ki!led Meat was in but short supply, trade tolerably brisk, st?) prices as before. Poultry was in good supply and demand; price mther higher. HUN.GERFORD MARKET. There was a good attendance of buyers, and the surplies were to , a fair and average extent ; prices continue steady. • COAL MATIKET.—juIy 5 Adalr's Ch •s•er Howard's Main l9 I , Elokwell ;Hain 2O I) Lcaze'e Main l7 to cant!, Hartley. ..... . ..... Townley lB 1 West Hartley Wiilingion Wylam. 29 3 I Walls End Browsi's l9 0 Walls End Heaton . ...... Walls End Hilda 2ll V, Walk End Hotspur ......., l9 9 Walls End Newrnarch 2O r Walls End Northumberland 21) 6 Walls Ead Peareth Walls End Riddell's 2O 6 zhips arrived since la 0. d; Walls End Todd' s Benshatn 19 6 Walls Endßraddyll'sHetton 23 3 Wa 14 End Haswell ..... 23 0 WM a '.• nd Hetion 23 I Walls End Stewart's 2.1 Walls End Lanibton .... Walls End Hartlepool 2s Walis End Kelloe 21 Hichard.on's Hartley ...... Walls. Et'd Adel-We 20 • Wall. End Barrett ...... Walls End Clarence Tees jg 3 Walls End Clarence Hetten 20 • W.lls End Preston 2O 0 Walls End Tees Hat" ls $ Walls End Tennant .... -1 g Blythe. ....................... Howard's Netherton Ban hl il ist market-d I, 5. The Bishop of Lichfield and Coventry, the re spectable Dr. Butler, has, we regret say, deparied this tife. A grave writer on the laws of England says that 44 when a jury of matrons is impanelted the foreman ought to be a woman of known and good repute. T. COX SAV Goldsmith, t 7 ornhill London (S even D oors from Gracechurch-street), infor ms th e Public, that h e offers DESSERT FRUIT KNIVES and FORKS, with p l ain ivory handles, silver ferrules, plated or steel blades, at Three Guineas per dozen pair, or with solid ilver blades, at Eight Guineas and a Half per dozen pair. N. B. Carved ivory , handles at 135. 6d. extra per dozes pair. SUPERIOR S HAVER WATCHES. A. B. SAVORY Bank of Engl an d), su b mit for selec thiiolnl, every yn large e osi the STOCK K of SILVER whoIe of w hi c h a re made and finished under the care f u l inspoc tion of ex p er ienced workmen on their o wn p rem i ses, and (each warranted for correct performance. Fine Vertical Watches , jewelled, w: 4 h doubl e -b ac k e d engine- turned cases, warranted ................ £4 4 0 LONDONTanodC SONS, MADE. Watchmakers, WATCHES, thus N o . 9, C orn - Fine Vertical Watches , jewelled, with seconds' hand, and double-backed cases, warranted ............... 5 5 0 Patent detached Lever Watches, capped, jew e ll e d i n four holes, with seconds' hand, and double backed cases, warranted Either of the above in silver hunting cases, 10s. 6d. extra. A large variety of second-ha. , .d Silver Watches, which hale been carefully examined, and can be warranted at a ts• each. N.B. Second-hand Watches purchased in exchange. London: Printed and Published by AIURDO YOUNG, 0 7 No. 112, Strand, at The Sun Office. No. 112, Sizaiati, the county of Middlesex.—Saturday, July 6; 1t•39