The Sun. — London, England, 1817-02-08 00:00:00

if it the 0114 hoar si,les of ltutte,e Slqould have no llis port, to hy. any coaces. 'efore,,' Prevent it, He should by instal ou the eppointineut of .ballot, if that Mode . were I,onex tiintieesssary, and, at this ,pet.ient division of senti ulntmllig his motion -to the e list of names of the per propgse Nienthersof the 'xplain the mode in which re.should be composed. ay that it should only I with either side of that lie sloittltl. teel rs 'who 'had not (Hear, hear, `e that would 'tielity ; but 'Mena -were (Ilear,i wuS,f than; 'ant' l) pt. •seit, saere the Sti drawing felt the g, by the Not. llti should, , it he did not by the highest late, but he was %Viten lie said late• waited too long 1 01) that matter, for Highness's ili4positioi, given- twelve months 131 then pursued the course suing,•inost of those tlit:coe mat 10 various pelts 01 the c, now existing. As to.the recto, of the principal Officers at the Lord had apokett in so-low a tout was doubtful -whether he. had In headed him. He (Mr.:l'.) had oft, propii:ty of such no•asures upon the, It not st range, that with such means c. popularity and ,tlte- confidence. of the their hamis, they•shoold have waited distress, so. that all that should be got ecolli to have been extorted front them ?. Let the •of the notional representation tie what it ant, tprovidett the. House continued, to give such pri tieal,answers,.to reformers, it need not fear re form, and it would be didipult to persuade the people that the snit eof the feprest lot-idiot WAS I ..einTtipt. lie then defeinled his Honourable and is LearitC(l Friend (Mr. Brougham) for . having adopted the saitie.emirse as *Mr. Sheridan, in order who to dcutonstrate the inutility of a ballot. Ile then defended the Committee of 'lefo7, and contended vince tc athitt.two many subjects Were to be referred to the Conirnitt one HOW proposed to enable it to•clo any eifeetnal ready stet. It was nal sufficient to have only One mittes 'fos• tanninittee'; the-re otight to be a Separate Coin- branch' of ti mittee for each blanch of -the public service. By the investigat, acceding to the Noble Lord's proposition, tyre Accmding to tit House %could do no more than draw a cud 11051 be- tnittees stead o tweet) the cooni ry and the.ixperolittlre. As to the the. Right Hon.'(.., nomination of the Committee, the:Noble Lord snit!, in office cm:hided; t hAt the best proof he coal give of. the sincerity of different opinion. 11. Government in this business donld be, to take an, the celdnitti service, , equal uumber,of GeOtlettien front the t uvositles of the as in the. exeminatiotab t House.--13iit thin, at the same tinte,,,..the Noble to the finances, to c Lord treat'etithe neutrals rather too roughly i for -thren, who being conve althotigh he did not admit them into his Commit- related to dic stlitiCrt, trust tot:, yet he seenool to intimate thathe lonely that informatiou,willio,. wc,re not , likely to dd tooeb•gitOil. NaWhe t (Mr.y Tierney), form no cot rect Mid W(l.(,titl say, that it else neutrals were good for ally defcisionnintite. But of Ina u Nthisble P entt, thiug, it was fdr-"stick a Committee es this.— o the tori (betighter.) —fie had soinetimes been reproached ,tothe•instroctions to- the Comthitte with 'being a pally man e hut whatever opinion come before the House; and as there' w some persona might entertain on this snbject, tehetter Oppottimity for diScussiog; enuld only say that he gloried in being ii party no more at pre.setit, wtitildh t, man. Certainly this wit not the cars with tt good very few words with referenon ce o the' t many Members of that House, but there were gtntentents Of the Right ti...Gentlemat even different parties among the neutrals entleavonr tothe set hitt: tight its one or't wo ,amed party of whont hail maintained "a sort, of . t !'fasts!'fastw griteioos coMmunicatioss oto fe neutrality, which ended in their joining the Bel- Royal High eennessdelie eh .14tinto tßhce eg,Heent,use whthroieh ngl, ligervitts, and es soon.as they had done so, every T thiS night bvered one of, theta was put upon the staff.— (tAutr,l,- his Noble Ft lend, the Right Hou. (entleinait had, t. ter.)—The (.;entle•siteit on the other side of tile, ade some olFervations svhich, in terms not had House Seenied tilways to find fault with the elicit-. • biguttits, imptoed blame to leis Majesty's ,Alinisiera Ft, trals ; .but those on his. side only tlicl,so• whet'. for ilicir tardiness not is advising thiS they fongtit under.false colours, and kept a double measure, and lie seemed to.go - far as to say, , „, set Of colont's their liold.—'(Lateellter;)—But that it was now so Lite that little good. was to 1.) Dan, the iptestion wa; notch more serious as to,the ad- expected fro B th it. ut surely the Right flots.. nntinn mission of , men in •Offiee, into such It COMMitiVe. Jende atleuttart etian would allow, th n at t it cc Seldss.noton have been 500;000 it, He %you'll ask if the Neble Lord wits in eernest marler th d Kr libmit abolition !if: offices, When- he put into it .Were still said that it might leive been done even in, this Coon, lions 'of Excite, this Coimnittee the holders -of offices ? Noble before this Session, be' would beg the litiuse • hue hee„ however, said, that without the assistance consider:the eittratinn in, which his I.toptl office, l td nt phieed with respect -to his income., increve of .the ot infice, Committee set to decide upon tiess,had hen the necessity. of maintaining or cutting a certain :od wha was considered be wOttla.ask 110%,v the decrease of the offices, would tatolge set to decide ti much eerlier than the present tittle his ev;-s t -no. appear that t cause without .cotitisel or witnesses. In answer to ness wriS enabled tie ascertain or compute what total Debt of the Ulf, would vvish to have reduction he could Make in his expenditure tor coin: oti this he would juistsay, that le tre„.otti, not of stock L as cowl- pared with 11,s revenues. pree!Olit,to the arrant,el the 33SIStellIC.! Or these Cieutlemen merely thought it necessary to say , of the last year. This sel or witnesses, but in no other captteity. As ment Made' (luring the last yar, the, Qivil LiSt rittli solid grounds` of linpe Member of the,Cainunittee, he would wish to have been unable to support itself withoet- the. true these Gentlemen heoffice before. him, and not 1!- mice of ad(l,itional 'grants from-1.4' ; there- take oil toly oufavom.Abl, side ; and If we wet eto have the honour of fore any attempt to give tip any part of it ivtitild greet) of the ilitoit non. present, as many onpOrtutnithe. being ais of the Committee, he would have been a mete mockery, twit, Ivpuld he no more would not occupy more of the t thee be in Any other cortipany.—(llear, hear !)-- than teking sum whielt this house would have at been afterwards .tibliged to make tip. Butt when He defended Lord Petry's Committee in 1806 ; more'into detail, and of lily, atril'said, if the inesent Committee were comptised duritig the last Session,' Parlieuieut hail liberally, uhp,se expitniations on of men whoie immediate antlpersottal interests or and; as he thought, wisely, pat the Civil List on a, heat., hear • , feelin trl I not even be suspected of a leaning different footing, and heel rmole aritiageetent, es tOt Mr. OiteNFeLL asked Whether It ital. Witter an thin like etttrael nor • - • t on sufficient for thelpurposes of the State, it_ hail done the towards 'the preSei vation of ally particular.offites, Which, iV y g ge, %tat lit course of the It et yeartot, Natinnat Debt 1V (iiilct be paid Off, an then the •House might expect from it a report which it might Het (hiring the present Ses§iou ; ,hht that which enah,ed Hoye' Highness in the pre- titer• it was honed that the income would if the Connnittee were not So composed, it would sent times of difficult y, to take the lend ineitsures , the eepetteitne, ? be a mockery to expect any substantial good of economy and .relTei.lellttient in his owit..exnene The CkiANCCLLOR of the ExettiOtron- roprK from its labours, „e any thing that could lead .to ,liter e, and of liherKluy towards diet more that he cerieinly confidently expected that ton beneficial arfangenient (hiring the Pie Sent year. tressed• poet of his sithjects, Upon what )feted- sidei%thie vett of our debt would be paidi off dor a ' He therefo're hOped that. some Member- would 'tally concerned the members of his. majcsly's GO- 'mg the pvv•••uut veer. He bad atentiontaithe mint .move, that the second instraction ro tile Cult)- Verwi)etit, lie was intik anxious that the sacrifi*ce paid otf last year, even wile!, thertewas' tletidell tnittee its the Noble Lord's Motion-shoo:Id be left which hey meant tontake might not be construed ey in the revenne;With the view of thewinee what telt,' for the,-pnrpose of subistituttogohat whirl& as in any way athUittitig, a prineiple.as tint; 1V,11) s: i.te be hoped for during this The fol. rod expect- Lit taXatt p 'on uon office N't hat the had done was w ; the eiremustantes of the contitry, y inielit be assittrted as to -.what, witidd .ere: •lc ions of the people required. ilia object was • merely voluntary, Anti he had uo doubt Out th carried to the char.Te of the Unfunde d Debt for, have been.ahle, at once, to lit:Ony, not *Orel -1 / 2 11er the estimates were moderate in themselves, but whether they Were such as the conntry could al lard. lie the went through his former state ment, to prove that even after every proposed re duction, there would still bb.a deficiency of sere , rat millions in the reventic . to •meet the expendi tore of the year. The Noble Lord, to be sure„ might add somethiOg more on this side Of the account, or on that, lie was acquainted with the extraordinary means , ‘ thilst he (Mr. 'l.) -only knew the ordimury ones. It was possible that the estimate of the Consolidated Fond in 1816,`shotIR differ from that of 117, hut he did not believe that there could increase in the produce of taxes. It was . more . li‘tely there would be, a diminution ; things standing as they now were. lie should pass by the savings of the next year 1,070,0001. out Of 18,3113,0001: no.e would be even then - A deficiency of two millions, unless a redaction of three Millions should be effected on the Whole. — fact, unless the whole of the SinkingYund should be set apart, there would be no saving whntevir at- the end itt the year, and- 911 that could be done would be to make both ends meet. was clad, however, to hear that-the Slaking' Fund would not be touched. - Even in liii days of hostility to Mr. Pitt,' he bad always .done•hha the fullest justice for the establisloneut of that mostim portant Fond. No wan, even the Noble Lord flint •self, held that pledge given to public credit more sacred. Nothing but the most absolute danger to the State should ever induce him to consent to drawing oot Of that source. Next to this, he felt the greatest satisfaction at the statement made by the Noble Lord respecting an elevated quarter. lie should, indeed, be a most•extraordinary man, it he did not rejoice at the proceeding adopted by the highest authority in the land. It had come late, but he was glad that it had conic at all %Viten he said late, he meant that Ministers had waited too long to advise the Prince Regent on that matter, for he 'weer doubted his Koval •Ilighness's di4position. • Had the advice been given- twelve months back.; -bad the Noble Lord their pursued the course which he was now yur suing,nnost of those discontents which had Woken. mit its various wilts of the country, won'd not be. now existing. As tii.the reduction ot tie sall;ries of the principal Officers of the C r own, the Noble Lord hail spoken in steloW a toue.of voice, that, he was doubtful -whether he- had perfectly compre hended him. lie (Mr,,T.) had often. pressed the propti:ty of such rat tasures upon them,., :Bat was it out st range, that with sods : means of, acquiring popularity and ,the - confidence. of the nation itt their hamii, Ilkey•shoold have waited till a time of distress, so. that all that should be got would seem to have been extorted front them ?. Let the state 'of the national representation:be what it might, tprovidcd the llouse coutioned, to give such prae tical,answers,.to reformers, it need not • fear re form, and it would be dtilipult to persuade the people that the state of the represt nu-idiot was :et-11%0. lie then deleuded his Honourable and Learited . Friend (Mr. Brougham) for haying adopted the Sallie.cqurse as *Mr. Sheridan, in order to demonstrate the inutility of ballot. lie then deletided the Committee of 'l:fo7, and contended athiit . two many subjects Were t'ci be referred to the one now proposed to enable it to-do any elfeetnal It war unit Sufficient to Lave only One rti Committee'; there • oitght to but a Separate Com mittee for each -branch of •the public service. By acceding to the Noble Lord's proposition, the House would do no more than draw a curtain be tween the country and theeicpenditnre, As to the nomination oft he Committee, the. Noble Loyd said, t hat the best proof he could . give of. the sincerity of Government in this business dould be, to take an equal number,of Gent Joliet) from the wosidesot the House.—But thin, at the sante titne,the Noble Lord treated'the moitrals rather too roughly ; for althongli he did not admit theme ilttO his Commit tee, yet he seemed to intimate that they were not likely to dui oitich•LtitOil. Nis** (Mi'. Tieruey), wgold say, that it the neutrals were good for any think, it was fOr — sitch a Committee as thus.--- (Laughter.}--Ile had sometimes been reproached with 'being a patty mao but whatever opinion some persons might entertain on this subject, lie aould only say that he gloried in being a party man. Certainly this ti's; not the case with a good . many Members of that !louse, but there were even ditlerent parties among the neutrals, out party of whoni hall maintained - a sort of armed neutrality, which ended in their joining the Bel ligerents, and as sooo.as they had done so, every one of, theta was put upon the sta.-04.1,!, Gentlesneti on the other side of the • Ilanse 'seented ailwayS to' find fault with Ore .itett trals; but those_.nit his. side t a lly did , so• when duty fonOt under false colours, and kept a double set of col Ours in their the question waS Much more serious as to,the ad mission of ,men in •office into such ,a .Committee. li e would ask if the Noble Lord was in earliest Oink the abolition of offices, When he put' ;too this CoMmittte the holders•of offices ? The Noble Lortl, however, said, that withoto the assistance id Merl in office, a C.ononittec set to decide upon the necessity of maintaining or cutting oil certain Helices, *Mild n Judge set to decide a cause without .counsel or witnesses. In answer to this lie would jest. say, that le would wish to have assistane.t of these Geutlemen merely as cOtio irl or witnesses, bud in no other capacity. As a Member, pf theCtinunittee, lie would wish to have these Gentlemen iirpflice before him, and not be side him; and if ise %Tele to have the honour of being a 'Member of the Committee, he would!)--if ;a tiler be in any other company.—(llear, hear Ile defended Laird hI. Petey's Committee in 1806 ; and'strid,:if the present ComMittee were composed of men whose immediate and personal interests or feelings conill um even be suspected of a leaning towards 'the preset ration of ally particular:offiCes , then tbe•House might expect from it a report on which it might act during the present Session; ,butt if 'the Committee were not so composed, it would ld be a - mockery to expect an y substantial go ' front its labours, or any thing that could' lead to a beneficial arrangement during the pietent year. lie theretrire hoped that . some Member would move, that the second instruction ro the Com mittee in the Noble. Lord's Motion-shoo:Id be left out,' for theintrpose of subistittitfogohat which. tla eiremustances of the country, ions of the people required. Ills tbject WAS rind.the expect slot only the lavlog Of ti.ie public money, bat to •redur , e the juilileace • 9, - the Crown. lie could veri, easily explain bow he would haVe this done. J.%`,;* instance, if the Committee should report that tlIC!, two paymasterships of the forces Ought to be con solidated, 'although the one would then have salary equal to the nmount Of time salary o f the other I wo, still he would rejoice ht such an alter ation,' because there would then be one placentan less, altimoogh there Was no actual and immediate saving of the public money. It was thus that lie %vomit(' have the ihtluence of time Crown reduced. Was this Committee, on the Noble Lord's 'plan, to have the power of calling for docuMent-s, pa pers, add records, and of examining witnesses'? He understood that it was ; but he would he glad to hear it more distinctly stated, and it it 'mss' not to have such power he should be glad to hear the reason. His wish was to probe to the bottom all that related to the expenditore under the Civil LiSt, unit all that related to the third class men tioned by the Noble Lord. Ile would he glad to k no w,-whetherthere was to be any Committee to regort on the necessity Of maintaitting tWo'Courts One at Windsor, and another at Carittio Homise i Il a •Coanturtee which had properly iuytired into this subject should report the 'maim eo Aimee of. Keith these %vas necessarV for the comfort of his Majesty, theo he would be the last man to dis agree from such a report. But, as to the in fluence of ot the_Crown, did the House Isom: , the. actual number 'ot placemeo who held situations under the Crown / He did not mean situations of i any kind 'under the CroWn, hat thole who held situations to which were attached salaries and emoluments trom which they might be removed a t thelleasnre of the Crown, anti who had seats in that House. Was ttke House aware that the num ber of its Members who held situations of that kind was not leiS than sixty Let that number be deducted front the aniOunt of the majorities on the divisions of the House, and i! would he found; that the real sense of kiarlianment was tint upon' the side of the apparent majority. Beerstise he said this, was he therefofe to be represented' as saving, that tho'se Members of the Conse Who held these situations gave their votes from corrupt 'Motives ? God turbid that ,he thoold suppose such a thing ! MI that he meant to say was, that in such it s ituati , n) the most conscientious Man could not act without bias. He wool( say, in the words used by Mt. Pox, when speaking of these Member., that he did not consider their official situations as a reason why they should vote nit a certain side, bat merely us a symptom of the, side on which 'they Would vote. Upon the whole, from the spirit - in which the Noble Lord had spokeo,Ame limped that he tvoti h h not persist in his mode of appOioting the CMllmittec. Let the No— Ide Lmirel ssetude Gentlemen in' office froth the• Committee, and then iii the' spirit in which he, spoke, he would be glad to bail this concession as a sore proof of sincerity, anti ohs disposition to act op to those professions which bad been so liberally made. The CtiANCELLoR of the ExenEssisaa-The' whole force of the argument of the .RiAht Gentleman Whip '.puke last, was turned to con vince the 'House, • that instead ot appointing one Conimittee tot 'the purposes which bed been IN ready stated,•thete ought to be different Cam mit tes 'fun. the Separate., iuvestiga.iem of eVet y branch' of the public servieeS, including one for, the. investigation of the Colonial establishments. Accardiog to this plen,.oete'would be fdor.Conr mittees 'instead of one; and from .three Of these the . . Right Hon: Gentlemen would have ail 'men iii office excluded.' On this he was of a totally different opinion. In, examining the detaili` of the service, the Iloh;e alight as much as in the . examination of any thing ssiating to the fiaances, to call for the assistance of those, who being conversant with all that related to the subjert, most be the best able ssepply that informatioo,wilhoet which theyecio!ii : form no cot rect lodgment, and come to noproper' decision. But as no this .point, the Other part of the modal of lilt Noble Prietol, width related ,to, the•inst munitions to the CorAnilltre, would soon emhe before the House; and as there' would then be abetter Oppot miry for diSeussing'it; he'woold say no more at pre „ semit, He wduld rather now say a very few words with reference to the financial Statements Of the Right Hon ,-Gentlemen, and endeavOur to set him tight its one or t wo instances. First; is to the gracious etimMunication front his Royal Highness the nice. Regent, which had thil night beert delivered, to the, House through his Noble Ft iend, the Right Ilium. Gentleman had 'made some observations which, in terms not am biguMms, imptoed Maine to leis Msjesty's era for their t a rdiness in :not Sooner advising t h i s mea sure, and he seemed t0.g4) . - so far as to stn.', that it was now so late that little good. was (S ) be :expected &mon it. But surely the Right flot) .Jentleinan would alio w,that itcouldamot have beet) made at an earler period ot the Session.. And if it •were still said that it might hsve been doneeyen before this SessiOn, be' would beg the Otiose to cOnsiderilme situation in, Which his Royal High-, H ess had been placed with respect - to his income, - and wmen that was considered he' wOulA,esk how much earlier than the present time his llpyalfligh 'mess was enabled to• ascertain or compute what reduction he could Make in.his expentlitureaS pared with 11,s revenues. Previous so the arrange= meat Made' during-the last year, time List ronl been unable to s u pp ort itself Withoet- the atsSit , t• anCe ot additional grants front like' ; there fore ally attempt to give up any part or it wt uld have been a mete mockery, asit Ivpmild he no more than taking it sum Wttleh the Hollie would have been afterwards Obliged to make up. Butt when during she last Session,. Parliament hall and,' as he thought, wisely, pat the Civil List on a different footing, and had made an mattingoisent, ;aid ) , Withoot any timing like ettraragance, was sufficient for . the purposes of the State, it. had, done that which enabled his Rose' Highness in the pre sent times of difficulty', to take time lead in meimiures of economy and .retrenehttment in his own hpen diture, and of liberality towards time more, tress ed . part of his subjects , Up o n Whit riersti n ay Concerned the mantbers of his ithijesly's vernMent, lie was oniy aukinus that time sacrifice which they meant to make !night not be construed as in any way adtaittitfic sestet) a principle as that ot taxation upon °Mee. What they hid done wi+s merely voluotiry, And he burl no doubt that tb other G, ntlettgo who held offices tinder tlme Crowti would f;diow the ,•,,,,onh; wlii• w e Item from the highest varier, and would MR . ke the sa'cutficeS which the Illustriow Person at the head cat toe Go vernment had felt it his duty to make. As to' what bad fallen from the Right lionouralde (-Jen tieman on the subject of the Sinking ,Fend, it 'was with „teat pleasure that he heard troin him 'and the other Gentletuth nit that side of the House the sentit»tros which tool been expres•eil as to the steady and inviolable faith whiCh ought to be kept with the pablic creditor. Bin althotigh the aight Min. Gentleman rusts very wrong in his di ails with respect to the'Sinking Fund, it was much 'n i - ore important to notice an error which that Right Hon. Gentleman had made in summing tip account of the Income and Expi:. making up his account of the In'elonie, the Right lion. Gentleman stated only that of the tritish consolidated Fund, but in the char'ge heineladed the whole, of the expellee of a great n'art of that of. Ireland, to 'ibe amount of 3,000,0(;U1. Sc)' that the Right Hon. G(hitlethan'tvaa whong in no . 1:e;a a sem than this 3,000,000). _flist Correct 'the • erroneous impt . eiSlontvhich might be giveo by the View of the stale of our finances, Which hadheen taken by the Right Hon. Gentleman, he harts more dysirohs of, offering a few -observations to time House : Ist, on the balance between nut in come and expenditure ; 2dly, as to the debt which 'llad ; been Contracted and paid off .; rind, 3div, as to the View wh cim the Right Honourable Gentleman bad taken of the sit ustion n ! our • , resources and of the state' of Our fi nances Oa lug the last year, as compared' with that ,vnich was to• be expected trout the present. First, then, as to the balance 1, et ween One iticOttie and expenditure,' it was very satiStactio•y•ro think that during the last year, notwithstanding the heavy disadvantages, under which the tinauces of the country lithoured, the 'Navy Debt waa reduced to the ix st of 1,000.0001. 'while thtit of the Exchetpler ,was increased by exactiy the same ammtht. In the Consolidate - 11 Fund `there h..d certainly been a consider able delieienc 1 .. For tl , e lour latiartos ending sth January, 18 1 ..7, the total amount of the deficiency in the Cosoli dated Fund was about 970,0001 , or perlt ale 3 might be more accurately ,dated at . 1,000,0001. "I he actual deficiency was 400,0001 , to whit to be added the arrear of the Property Tan Un appropriated, which made it op to the sum which lie stated. During the year'there had been a de ficiency'in most of the branches of the public re -venue, which on sonic' branches was more, , and un whets, might, on-the whole be tairly calculated at a 111 . 1111 " Mainn of 10 percent: 011 the whole revenue. In the CnitoMs it tuns' ae much as '2O per cent. lin , in the other branches it . MO thildh less, I niAing it on the wlitile Vilna he had stated it to he. Ile: would lsk whether, considerihg oil the ciretunstaisces at the last year, this defieieney w as to be wondered tit, when it wai'consideted that, in firmer years, there,bad been a deficiency of 10 per cent. occasioned merely. by a`bad lose, vest ? Any 'predictions - es to 'the future pre pects of our income were lo be made with cantion, The Committee, about. the appointment of which the question now was, would have an opportunity Of acquiring into the eorrectnesi of the data nn which he founded his ho;se, that it mink! con siderably increase. 'rite Righi 'Hon. ,Gentleutaia having stated a contrary opinion, induced Won to say this, and he said it with confidetice; though 'it was nn opinion Which experience ntust prove or overlie's. • With 'respect to the third 'branch, it bee great satisfaction' to the !louse, to know, that withstanding the diminution at the income, which had rendered it necessary, to anticipate the taxes by issuing Exehrquer Bills to a very eoosiderahle amount, yet treat prngresa, had been made tast year in the ditsainetiou of the piddle debt, a progress much griaitel than Unties all the circumstances of he cve conic; have beets expected, and certainly greater t h 1.4.1 i ad felt [druid!' las(stinmter warranted ia holding out to the House. The diminution of the Debt which had been effected, was larger titan had been matte in atiy former year. The Antonia of time ptrbiic debt paid off in this conntry was nineteen mil stock, atid its Ireland one million ' making toeet her 20,000 ;000 Stork, or a hoist 13,000,000 of Money. 'Under these 'circious..'aaces it Might lia torsilly be supposed that the Unfuntled'Debt mu t have heels greatly at,j;nwhied,, but he was happy to say that studs Was not the etise. 04 the fitli Ja'sultry, 'lBl6', the amount of outstanding chequer I>ilis was linty-one millions and a half, and on,the sth - ,lanoary, 1817, thirty-eight mil lions and a halt, be'ides six millions which the Hank held in consequence of an •ativenee WhiLli it Made ft') Goveraneut ; there was therefore tin iii crea.fe of about three millions in the , thtflinded Debt, but there was at the same , time a dimi nution ,of two nsillions of Navy Debt, and at 500;000 of Arnay Hills. So that in fact there was ho thrust! incre'ase of the Unfoudeil Debt in this Country. Jut Ireland the Unfunded Deht had been increased by the issue of Once Mil lions 'of Excheyier'lo,l4, so that deductint; the increa , .. of 'the Unfounded Debt its Ireland front the decrease of the Funded I)eht in England, it wianld appear that the ;lethal dimiuntion of the total Debt of the United Kingdom was oboist ten tot of stock but of money, in the counts of the last year. This statement ir o nic! afford solid grounds` of hope for the futtire, and he thought it necessary to say thus notels,"ht order to take ottiosy unfavourable impression made by the speech of the Right Hots. fientleman ; hast Ire would not 'occupy more of the dine of the Milne st present, es many OnpOrtuoilies would occur of going more into detail, and of laying before the House full explanations on the subject.—(Hear, hear, hear l) ' ' • :‘ Mr. OtteNFett.. asked whether It 'was probable that in the eourse of the preseut year any part of the National Debt would be paid off, mid .whe therit was hOpCd that the income would , equa l the expenditnre ? The CnANcru,ott of the EXCUillir*R - replied, that he certainly confidently expected that - a tort. siderabie pal t of our debt would be paid off dor irtg the pv t :,. , eitt year. lie had atentionedthe tinnt paid off last year, even when there:wits' a tittioleii•• ey in the reveonc;With the view of abewing ivbat WLis tit* hoped for during this year, The fah rovi•ing - iiiight be assitmed as to • what. wistdd be carried to the charge of the Unfunded Debt for,