The Express.
London, England, 1855-08-03 00:00:00

(Stamped Id. Additional.) [TWOPENC E.

principles, some of which were very objectionable ; end he
therefore hoped that it would not be read a second time
without discussion.

Bir G. GREY thought that the hoa member's objections,
judging from the notices which stood in his name urn the
paper, were matters of detail, which might be disposed of in
aosinittse.

TIT lifiltAßLl thought it would not be advisabbs, with
an important measure like this, to take the second reading
without discussion.

The SOLICITOR-GENERAL said that the bill con-
tained nothing but certain detailed power,, which the cha-
rity commissioner, found absolutely necessary.
Mr. MALINS thought that at this late period of the ses-
sion, considering that tome datums of the bill were free
irons objection, it would be better to fall in with the pro-
posal of the Attorney General.
Mr. MASTERY AN ohjeeted to so important a bill being
advanced a step without consideration.
Lord PALMERSTON hoped that the house would assent
to the propos' of his boo. and learned friend, and read this
bill a ascend time without discussion. Its reel object was
merely to vest in the commissioner+ certain powers, which
would of eeeee the necessity of Chaneery suits in many
cases. Thine would be ample opportunity for discussing the
matter in committee.

After a few words from Sir W. Joi.urra,
The bill was mad a wooed time. _
__

TERMS FOR izAcx.

oagetog into committee of ways and means,
Major REED hoped that the house would allow him a
few moments, while he called the attention of hon. members
to that which appeared to Dim to be a matter of vast import-
sum He considered it sweaty that the house should
have an assurance that during the recess no terms of peace
should be finally concluded without parliament being pre-
viously called together, in order to have an opportunity to
discuss the matter. ntertaining this opinion he was now
about to move the following resolution : —" That this house,
participating in the national anxiety that no pacific arrange-
ment ihould be concluded with Russia which does not
appear best calculated to secure au honourable, just, and
lasting peace, wishes to impress upon her Majesty's govern-
ment bow great a satisfaction it would be to the house
and the country to reales an assurance that no
treaty or condition of peace would be finally settled
without having parliament previously called together."
Lord PALMERSTON said that, although he should not
agree to the motion, he concurred in one of the principles
lard down, that was to say that no peace should be concluded
which was not honourable to the country. All he could say
was, that if It e house did not place such confidence in the
government as to believe that it would occlude •
peace which did not accomplish the purposes and NISI the
conditions for which the war had been undertaken, he
thought that the motion of the hon. and gallant member
should have been differently worded. In matters of that
sort there was no middle term, but if the house distrusted
the government, and thought it was sacrificing the interests
of the country, the course would be at once to move for its
dismissal. It, on the other hand, parliament was willing to
leave to those who hold office the discretionary power which
by the constitution belonged to the responsible advisers of the
crown,sach • motion was one which the house would not be
likely to entertain. The power of making peace or concluding
treatise belonged to the government, and it was for parlia-
ment aft. r wards to judge of the manner in which they had per-
formed the duty. It was well known that parliament was
always prorogued for • very short period, and if in the
course of the autumn or early in the approaching winter
any circumstance should arise that required the summoning
of parliament, he could assure the hon. and gallant gentle-
man sad the house that government would be oily too glad
to bays the assistance of parliament. As the hon. and gal-
lant member had not expressed any distrust of the govern-
ment, bat seemed merely to wish to warn them against be-
traying the interests of the country, he (Lord Palmerdoo)
hoped that the hon. gentleman would content himself with
having given such warning, and consent to withdraw his
motion.

Mr. M. CHAMBERS wu of opinion that under present
circumstances some intimation should be given that parlia-
ment would be celled again together somewhat before the
usual period. (Hear, bear.) The feeling of the country
was decidedly in favour of an early resumption of their sit-
tinge. He could not, however, concur in the motion, but
hoped that the bon. and gallant member would be induced
to withdraw it.
Major REED uprooted his intention of dividing unless
be got some more satisfactory assurance from the noble lord.
Lord PALMERSTON said, that although it was not con-
sistent with the duty of a minister of the Crown to give any
pledge respecting what might be done under any given cir-
cumstances, yet undoubtedly if any occasion should arise
which, in the opinion of ministers, rendered the assistance
of parliament necessary, A would not only be his duty but
his pleasure to have the assistance of parliament. (" Hear,"
and a laugh.)
Mr. DISRAELI hoped that the hon. and gallant member
would not call for a division. He feared that the hon. and
gallant member was intoxicated with too much success,
having already carried a motion which pledged the
government to pnlismentary reform. That was
certainly enough for one session, without insisting
that parliament should be prematurely called together. The
hon. and gallant member now acknowledged that the go-
vernment was human, and not many weeks ago be described
them as demoniac, and bad addressed the noble lord as a
fallen env I, saying, " Awake, arise, sr be for ever fallen."
If the hon. and gallant member pressed his motion to a
division, he (Mr. Disraeli) should find himself in the dis-
agreeable position of supporting her Majesty's ministers on a
question of confidence.
Major REED withdrew his motion.
WAYS AND MEANS.
The CHANCELLOR of the EXCHEQUER, is moving
that the house resolve itself into a committee of ways and
means, apologised for troubling the house at that late hour
with a statement, to the ground that the following day
was to be appropriated to another purpose, and if ways and
means were not brought forward until Monday the session
would be prolonged for severs! days. In the estimate which
be had submitted in the previous April, he set down the pub-
lic revenue for the year ending in April next at 86,339,0001.,
and up to the present time that estimate bed held good, with
the exception of 200,0001. expected from stamp. on
bankers' cheques, but which had been since abandoned,
leaving the amount 86339,0001. The expenditure,
including the loan to Sardinia and the repayment of
the advances onEzebequer-bille.had amounted t 081,1399,0001.
which, deducted from the receipts,left a margin of 4,240,0001.
The estimate for civil service had been 6.600,0001.; the actual
vote lately agreed to was 6,606,000 L, agreeing almost
saintly with the estimate. But with respect to the military
intimates, the case was different. Here a considerable in-
crease was necessary, the reasons for which had been ex-
plained to the house. It was an ancient observation that
war did not consume according to rule and measure, and so
thou. estimates whieb had been prepared at the beginning
of the year were now, after four months' experience, found
to be insufficient. He would now state shortly what had
been the original estimate for military purposes ; then the
supplemental estimate; and lastly, what had been the
actual expenditure during the four months that bad elapsed
since the beginning ..f the financial year. The original esti-
mates for the three heads, army, commissariat, and
militia, were 16.221,0001, duce which a supplemental com-
missariat estimate had been taken of 2.668,0001, making
the total for the three heads 18,789,0001. Now the actual
. . . -

expenditure since the beginning of the financial year under
these three heads for four months had been 4,8.50,0001.,
which multiplied by three would give a total for the year
of 14,650,0001. There was therefore reason to hope that here
the original estimate would exceed rather than fall short of
the actual expenditure. The original estimate for the navy
and transport service was 16,633,0001. ; the supplemental
estimate, 2,725,0001. ; making together, 19,379,000/. ; while
the actual expenditure for four months had been 7.649,0001.
This multiplied by three would give nearly 23,000,0001.,
a sum exceeding considerably the original estimate ;
but it was hoped that the expenditure of the four
months was not to be taken as a criterion for the
year. The original estimate for the Ordnance was
7,803,0001. ; end the supplemental one, 841.000/ ; mak-
ing together, 8,644,0001. The expenditure for four
months had been 2,812,0301., which multiplied by
three would give 8,438,0001. The total results were these.
Original estimates 43 677,0001, oupplemental, 6.136,0001.,
total 49,812,0001. The total expenditure for military pur-
pose during the last four months had been '16.612,0001,
which multiplied by three would give 49.537,0001, thus
carrying the total close up to the estimate. He had formerly
stated that be intended to propose an additional vote of
3,000,0001 Exchequer Bills; he now proposed to increase that
sum to 7,000,0001., taking at the same time the option of
raining some portion by means of Exchequer Bond. instead
ols. The margin of expenditure which he had allowed
in his previous estimate was 4,240,0001 ; but that was on
the understanding that only three millions Exchequer Bills
were to be raised ; now witk seven millions,the margin would
be 8,240,0001. Deducting from this ezoess of revenue over
expenditure the additional estimate of 6,135,0001., there
would then be an unappropriated excess of 2,105,0001. He
expected that this would be aufficient, because they had
had four months' experience of actual warfare, and could
therefore make an *proximate calculation for the rest of
the year. Re ought here to state that of the two mil-
lion' margin 1,700,0001. had been disposed of in ways and
means bills after the beginning of the financial year, and
would absorb the greater portion of their ostensible
margin. He was happy to say—and this would justify
his not seeking a large margin—that the returns
of the we had been satisfactory, and that there was
every reason to believe that the original estimate would be
justified by the event. With respect to the amount of
Exchequer bills now outstanding. he would trouble the coen-
mitts* with ashen statement. He proposed to issue seven
millions, while the amount outstanding at the 31st of July
was 17,099,4001., in addition to which there wee 8,000,0004
Exchequer bonds payable in '67, '6B, '69. Now, although

that amount of unfunded debt might seem eq. siderable,
it was by no means large as compared wi.l3 the latter
years of the last war, or the first of the solweq.ient peace.
la 1812 the amount of Exchequer Bills was 41 millions,
in 1813, 43 millions, in 1814, 45 millions, and in 1815 57
millions. In 1818 the amount of Exchequer Bills
amounted to 66 millions, in 1819 to 43 millions, sod down
to 1849 they were never lies than 24 milllone. Therefore.
if the house now agreed to an advance of seven millions to
meet the exigencies of the public service, they would not
dill reach the amounts that had been in circula•ion since
the termination of the war. Under these circumstances,
and looking at the good price of Exchequer Bills in the
market, he hoped the committee would see that there was
scarcely soy option left to the government for raising the
additional ways and means but that which he had submitted
to them. The right hen. gentleman concluded by moving
the following resolutions:
" That towards making good the supply granted to her
Majesty, the Cenemneioners of her Majesty's T r y be
authorised to rristo any sum of money not exceeding
7,000,0001 sterling by the issue of Exchequer hills.
" That in ease the said Exchequer bills be not issued for
the full sum of 7,000,0001., then the Commissioners of her
Majesty's Treasury be authorised to issue Eacbequer bonds,
bearing interest at any rate not exceeding 4/. per centum
per annum, to much an amount as, with the total amount for
which Exchequer bills shall be issued, will make up the
whole anus of 7,000,0001. authorised to be raised by these
resolutions.

" That such Exchequer bonds, if issued, shall he paid off
at par at the expiration of any period nut exceeding six
years from the date of such bonds.
" That the interest of all such Exchequer bonds shall be
payable half-yearly, and shall be charged upon ■nd issued
out of the Consolidated Fund of the United Kingdom, or
the growing produce thereof."
Mr. GLADSTONE saw nothing in the statement of the
right honourable gentleman to which be telt himself
bound to object. The difference between the mi-
litary expenses and the estimate was contieerable,
but that perhaps was to have been expected.
It was necessary that the house should bear in mind that this
description of security was now subject to great competition
in the market from securities which, at the time of the last
war, were not in existence. At the same time be did not
believe that any great inconvenience would follow from in-
creasing the unloaded debt to the amount that hie right
honourable friend proposed, end especially he did not be-
lieve—and this, after all, was the great question—that he
could adopt any other mode of providing fur the present
exigency, which, under the cireumstancea of the moment,
would be more advisable. There wee, howevcrone point
to which his sight honourable friend had not adverted, and
one on which he felt some anxiety, though ht did not
intend to make any proposal to the house on the subject;
but it was a point which he felt ought not to he passed
over Malefic,. Ills right honourable friend found it expe-
dient to ask for an increase of four millions in the provi-
sion he had to make for theexpenditure of the country, and he
had proposed, almost as a matter of course, that they should
provide that four millions almost entirely by an increase of
the debt, and without any increase of tax►tiue. Now it was
material to bear this in mind, because the house set out on
this war with a full determination to make greet efforts to
supply the expenditure of the year by additional taxation.
It was impossible to carry that principle to extremes, bat
at the time of the budget they had in view, under the state-
trent of his right hon. friend, a certain proportion between
that part of the expenditure of the year which was to be
raised by loans and that portion which way to he raised from
taxation. At that time his right hon. friend asked the
house to enable him to impose taxes to the amount, if he
recollected aright, of about five millions, and that they
should invest him with burrowing powers to the maximum
amount of 19 millions. Three months had elapsed, and
they had had serious disturbances of that plan. In the tint
plate, as regarded the proportion to be raised from taxation,
from that there were certain deductions to be made. His
right hon. friend found himself obliged to abandon the pro-
posal of raising 100,0001. from bankers' cheque a. Ile had
also repealed the compulsory stamp on news g
The CHANCELLOR of the EXCHEQUER—That was
before.

Mr. GLADSTONE—WeII, that was so. Then the house
had made a further, though a slight alteration, in his right
hon. friend's arrangements since that time, by making it
necessary to propose a reduction in the duttee on atagc Car-
riages. So far, therefore, they had nut augmented, but
rather diminished, the proportion which wan to to derived
from taxes. And, although his right hon. friend had told
them that the receipts from the revenue were upon the
whole ratisfectory, yet, se far as he could venture to form
an opinion from the figures which were befrre the public,
he apprehended the case to be this— that the
receipts from those portions of the revenue which
consisted of direct tares were Patiefactory, and
that the receipts, especially of the income tax,
had continued progressively from i year to year to ex-
ceed the estimates; but so far as regarded tl,e other new
taxation, which proceeded from indirect taw levied on im-
ports and articles of subsistence, he was afraid the receipts
were not altogether satisfactory ; sod that on the contrary,
they might trace a disposition to decline in those branches
of the revenue, and they might already trace their effect in
the diminution of their trade. So far, then, as the revenue
to be derived from taxes was concerned the tendency was
downwards; and so far as regarded the money to be de-
rived from loans was concerned, the tendency was upward.
And now they were going to add four millions to the service
of the year, and they were not going to draw it from tares,
but by incrusting the debt. This illustra.ed the state of
things and the necessity of making resolute and strong
efforts if they really meant to make soy practical improve-
ment in the ►ystem of the late war. The last war began
with &system entirely improvident, making no provision by
taxation, but trusting entirely to loans, and increasing the
taxes only to pay the interest of those loans;
and yet when they bad carried on this eye-
tem for same time, they increased heir effort§
to raise the amount required from Vitiation. Now
they began pretty well in this respect, end he trusted they
would not ■ltogether forget those good intentions., and that
it would be the wish of the house that the expenditure of
the year, although it might not be altogether met from
taxation, yet that it should be so met as far as was reason-
ably possible. Before he eat down be would allude to the
trivial subject of taxation, he meant the extension of the
euceession duty to corporations. In 1853 that subject wu
postponed simply on account of the pressure of business,
and in 1854 it was spin postponed, because the working of
the law had not then advanced sufficientiy far to enable
them to judge whether amendments might be required in
other respects ; but be hoped that it would be in the
power of the government to extend this tax tt corporations
at any rate at the beeinning of neat session of parliament.
The CHANCELLOR of the EXCHEQUER said, with
regard to emending the succession tax to corporations, he
had not lost sight of the subject, but though it meta be
desirable on the ground of equity to extend the tax to corpo-
rations, it would not he reasonable to es pect any large amount
frem that source. In reference to the subject of taxation
he could only say that of COUttill the difference between
taxation and a loan had not escaped hie attention, but in
making this proposition he had to consider not only the ad-
visability of imposieg new taxes, but the impossibility of
realising them within a limited period. Wish mud to
certain taxes, no doubt they could be collected at the time
the resolution passed, but with regard to many ~there, the
collection was postponed for six months, and it was pro-
posed that this sum should be realised without delay.
With regard to what his right hon. friend said se to the
unproduotivenese of the import duties, be thought his ap-
prehensions were not altogether well founded. The pro-
duce of the customs during the last four months had been
7,599,000/. The estimated produce of the custom. revenue
which he submitted to the house in April was 22,400.000/.
and if the produce of the last four months were multiplied
by Sit would give the sum of 22,798,000/.
Mr. GLADSTONE said that his obaervation referred to
the Board of Inland Revenue as well as the Custom, and
as regarded the Customs, it must be remembered that
during the last fortnight or three weeks large quaot ties of
articles had been entered for duty in the expectation that
increased duties were contemplated.
The resolutions were ultimately carried unanimously,
and the house resumed, the report of the committee being
ordered to be brouebt up to-morrow (true dot).
LIMITED LIABILITY BILL.

The above bill was read a third time ar.d passed, a'ter a
mileellaneoue dimensaien.
The other orders of the day having been dirposed of, the
house adjourned at haltpatt two.

FORBES MACKENZIE'S ACT.—Sr. V PUBLIC
Martino lit Ohasnow.—A memorisl, si.u. d c y a large
number of the citizens of (it-meow having !nen cater pre-
sented to the lionuuratfe the Lord Provos', ailti ler him to
convene a public meeting of the inhabitants, to petition par-
meet for a full inquiry, by committee, Gomm or other-
wise, into the working of the late acts ta trgulvong and
enforcing " improsements" an the babi!e, rn,r4 K, and re-
creations of the people tf Scotland, his lordship complied
with the same, and accordingly the met tit g todc ;,lace on
Tuesday last. From the state of feeling en two.: 4dr of the
question the meeting -
tenet, and w'
rush filled t
The proceedings

meeting wen•,
amid the n•mt
the act carried
sumptuary and
people shall eat,
such acts do not
of social order,
spotie times, mad
praying for an in
minion, into the
maul law.

nesting wee looked forward to lei,. it orbit, in-
when the doors wpre open/
the apartment la - 4 • Aisw,-.oTritessr.
gs from the commenelbsnejaftittligAirillftpe
according to the itllipar.dp:4artilid en
• st uproar and contuaffb,.oeret tlitattp„,4o.o.of
resolutions by a Alpe tlikt.,
tot. tag
restrictive laws toree 111 t ieb
t, drink, dress, or res.r.a. tfo
it injurious's' affect thin ffidiews AP'
, as in spirit remnata otlecasitr.ti it 4 ter
od not to he tolerated in fie %ins elia
inquiry, by parliamentary ur &Ro-
be facts relating to the h ttl sl..,se