The Express.
London, England, 1853-07-23 00:00:00

NOTTINGHAM
_RACES.7-FRIDAY.

PORTLAND Ha:emcee, of 2 son. each, with 50 added by
the ladies of Nottingham ; for all ages. One mile. (II
subs.)
Lord Chesterfield's Humphrey, by Cotherstone,
aged, 7st (A•hm.ll) 1
Mr. Gulliver's Chilton, 3 yes, Est 71b ..(S Steggles) 2
Mr. T. Dawson's The Italian, 8 yrs, 7st (Alderoft) 3
Mr. Gibbs's Thirkleby (h b). 5 yrs, Est 71b (Wills) 4
The following also ran :—R' d Lion, Alfred the Great,
Puritan, Friendless, Ann Eliza, Determination, Angelo.
FOREST STAKES, of 5 soya. each, with 25 added; for
3-yr.olde and upwards. Optional selling weights. One
mile and a quarter. (5 subs.)
Mr. Gibbs 's Nancy Martinson by Sleight of Hand,
4 yrs (201.), 7st 21b (Wells) 1
Mr. Shelmerdine'e Evening Star, 3 yes (200,
Est I llb (carried sst 121 h) (Kendall) 2
Mr. J. Osborne's Equal, 4 yea (201.), Est 131 b
(Cerro]) 3
BENNET PARK STAKES Of 10 SOTS. each, 5 ft, with 50
added, for 2-yr-olds ; colts, Sat 71h; fillies, Bst 31h. Cer-
tain penalties and allowances. T.Y.C. (19 subs.)
Mr. J. Scott's Meteors, by Melbourne, 8.4 (car.
Bst 11b) (Marlow) 1
Baron Rothschild's Twinkle, by Harkaway, 7st 121 b
(Charlts n) 2
Mr. C. Roberts's Diane, 7st 101 b (0. Sharpe) 3
Mr.W. T. Park's Moun,ain Maid, 7st Lib (Aldcroft) 4
The following also ran: Ludwig, Constancy, c by .Ratan
—Miss Martin, Vestige, Village Lase, Antonia, Brown
Brandy.
HIM MAJESTY'S PLATE Of 100 guineas, for horses of all
ages; 3 yrieeld, 7st 711) ; four, 9it ; five, list tiib ; six and
aged, 9st 91b. Two miles.
Lord W. Powlett's Sharavogue, by Feeney, 4 yrs,
(Ropers 1
Mr. Williams's Chief Justice, 6 yrs (T. Lye 2
Mr. 'l'. Fryer's Nestor, 3 yes (Barker 3
Mr. Wildman's Birthday, 6 yes (E. Doyle 4
GRAND STAND STAKES of 50 VAIL, added to a Sweep-
stakes of 5 sore. each, tor all ages. Optional seling weights.

T.T.C. (9 subs )
Mr. Philips's La June, by Faugh•a-Ballach (h 13),
3 yrs (200 Get 3lb (Kendall) 1
THIS DAY.—Two o'CLocx. Mr. Armstrong's Mary, 2 yrs QM.) sst lib (carried
The English funds have been a shade better to- bat 71b) , _ (Wells) 2
Capt. Little '8 Miss Lucy mare, 6 yrs 000 Sat 61b
day, although there is no news bearing on politics;
also ran:—Margaret of Anjou, Nancy
(Charlton ) 3
and generally throughout the Stock Exchange the The following
tendency is upward, checked, however, by the ab- ManinFon, Nightcap, and Incense.
IPATONFILLD HANDICAP Of 16 AM eacb 1
on, 0 ft, and 5
sense of business. Consols have been bought at 98
OOP if. declared. Certain winners extra.
b f by XX out of
e mile and a
for the account, but have since returned to yester- half (23 subs., 11 of whom declared.)
day's rate of 98! to 1 both tbr money and the 11th Mr. J. Saxon's Calot, by Touchstone, 4 yrs, 6st 71b
August. The Three per Cents. Reduced mark 99,1, to (Clement) 1
(Marto
,:
1 • the Three-and-a-Quarter per Cents., 1011 to 1 ; Mr. Parr Candlewick, 6 yrs, 7si .. (Scans/ay) 2
M r
Mr.. CI
,i.
eRi
koibaenretss'Es
Mr. T.'s Pride, 3 yrs, Sat 71b (Naeilll 3
ischcquer Bills, par to 3s. prem.
vilm viAlliwn7t fi n e yen,6
77 et
4 81
b. 1.
.7.1' h.
( A l
nuFdo.repiugunisehtocarekslooarkeifinrmg
up., however,andThoSarbdaringiaaina,s,Pera
The weathsr was showery and the attAtOilice umpire,
ule very limited. Spank& Old Tkrees mark 471; lively scanty. The bpurt, however, was 9.4 satisfactory.

r'. 's

.

IMPERIAL PARLIAMENT.

HOUSE OF LORDS.—FRIDAY, JULY 22.
The Luca Ca aticauma took his seat at 6 o'clock.

PETITIONS PRESENTED.

SUCLESSION DI:TT BILL.—By Lord BROUGHAM, from
Glasgow, in favour of.
ENTAIL (SCOTLAND) BILL.
On the motion of the Luny CIIANCELLuIt, this bill went
through cummit.re.
SUCCESSION DUTY BILL.

The Esrl oritiEiiiikEiiiNfil;rd;:iliave to move
the second reeding of • bill for imposing a duty on sneers-
gene. This bill has occupied the attention of the other house
of parliament for • considerable time past. It has under-
gone groat discussion, and has been minutely exandned in
all its part.; has been fully discussed, and finally i: hes been
lent up I your lordships by a large majority of the other
house. 1 his measure has come recommended to Ler Maks-
ty*s gavernmi ut by various considerations. In the first
place, it enables us to relieve the industry of the
country from burdens which materially aft et the em-
ployment of capital, and we have nu doubt that the
remiss! of those burdens will operate most beneficially
on the industry and welfare of the people. It has also
enabled the government 'o make provisien for that security
which we deems to obtain for the means of dispensing with
the income tax st the period which has been assigned for
that porpase. And is addition, it has enabled us, in a cep.
tain degree, to redeem that in-quality which has be.m com-
plained of in the imposition id the income tax. The noble
earl opposite, end his friends, complain of the inequality
arising from the imposition of that duty, without any
allowance being made for precarious incomes, or taking
Into necount incomes derived from the exercise of intelli-
gence and skill, and recommend the principle of differentia-
tion on the imposition of that tax. On the prestnt a-ce-
sium we have taxed property equally in all respects. without
looking to the sources from which it is derived, or heisting
hardly on the exercise of the skill and intelligence of the
various dames. Sly lords, this has been the recommenda-
tion of the measure to us ; but the greatest inducement
which we haws had to adopt this bill has been to remedy
an injustice long complained of, and which in fact was
gradually becoming intolerable to the country. The sense
of right and of justice was such that the inequality could
not have been much longer endured, and in a very short
time, it weuld have been impossible to avoid the abolition
of the evil complained of. My lords, we propose that
a duty shall be Imposed on every species of sucoession
arising in consequence of death, or rather to extend the
present legacy duty to every succession of this description.
Nu other mode of transfer of property is taken into se
count—it is simply in consequence of death. At present
real rroperty, whether settled or unsettled, as your lord-
*bine are aware, pays no succession duty, and settled perso-
nalty pays no legacy duty. Now, wo propose to redress
this inequality also, for there really seems no reasonable
cause whatever why settled personal property should not he
dealt with in the same manner as that which is unsettled.
We propose to apply the same rule to every species of
ascension to property. We propose to preserve the same
scale of consanguinity in measuring the amount of duty as
at present, with idle exception. At present, sons-in-law and
daughterminslaw are treated as strangers, and pay 10 per
cent. ; we propose to plate them in the position of sons and
dived's', and with that exception the state of consan-
guinity is to be preserved as at present. I know that then
N • great differeace of opinion on this subject, whether this
scale might nut be advantageously altered. But, on the
whole, as it has existed se long, and there being consider-
able doubt upon the subject, it has been thought better to
preserve it as it is, with this one exception. But in applying
this to land, it was thought, from various causes, desirable
to giro it as much consideration, a nd apply this tax as
lightly, as could reasonably be desired. We have, there-
fore, proposed to 1./Amato all successions to land according
to the life interest of the person who succeeds. There are
various modes of estimating that life interest, and upon that
only, or even less than a life interest, it there should be
less than a life interest—the person so succeeding would
only pay upon that, whatever might be its amount. It is
proposed to levy this tax by eight half-yearly payments,
antfirst of those will commence at the end of the fleet
year, so that four years and a half will be afforded for
dis-
charging the obligation. That appears to me as lenient an
application of the imposition of the tax as could be devised.
(Hear, hear.) Now, to show your lordships the operation
of this toll, let us take a awe in which • person succeeds to
a landed estate of the value of 10,000/. This capital value
of 10,0001. would afford a rental of about 3001. a year. We
take the average age of succession at 35 years, which I
believe is a fair estimate, and is borne out by what has been
useertaiiied by taking the average age of succession in this
house--36 years is about that period, and 35 years would
give 15 years sod • half purchue, taking the duration of
We at 60 yews and • half. The sum, therefore, on which
duty would be charged would be somewhat less than half
the capital value—that is 4,6501. The duty payable in four
rims and a half on that sum, for a life interest, would
be 461. 10s.; and if the party were to make isuisedMte
payment, there would be a dheomet of 41. 13e. • eons*.
gamily, the whole amount of daty payable en that sue-
erasion would be 411. 17s. That is how the duty would
operate on • succession to 10,0001., on the average age of 36
years. Generally speaking a sooseesion may be estimated
at about 30 yeah. The prOduee of this tax, my leis, is
estimated at about two millions sterling. I know it boo bean
supposed by some that the amount will be higher, art I
think the noble earl opposite some time age
an opinion himself. I can only say that. as
the best calculations I have had any moss to, that dens sot
appear to be the case ; and that, Wombs, he sons uncer-
tainty, which there must be, it appease that about 2,000.0001.
would le the fair amount, taking. the whole amount
of income payable under the income tax, which
is levied on 250,000,0001. Now, my lords, I
know it has been said in this house and else-
where, that this measure has been conceived in
&spirit of hostility to the land. I utterly deny that sack is
the ease. We have endeavoured to redress inequality, cer-
tainly ; and in so doing we have imposed burdens from
'which the land ham hitherto been exempt. But that has
been done consistently with the c'aims of jostles and expe-
diency ; and I, Meows, will never maintain that it is any
advantage that land should be placed on a different
footing from the rest of the property of the country. (Hear,
hear.) It has been said in • hasty limner, that we have
resolved to lay a tax of 2,000,0001. on the land, totally neg-
lecting the nature of the tax itself, and the manner in
which it was proposed to be levied. Now the fact is, that
baud of 2,000,0001. being imposed on the land, according
to every calculation that can be made, the utmost that is
derived, or expected to be derived, strictly spealdn, from
the land is only 400,0001., not • a - fourth part
of the amount proposed to be raised. That
N exclusive of houses and leaseholds ; the land,
strictly speaking, will not contribute more than 400,0004.
He had now stated the objects of the bill, and the principle
on which it rested. He would now make • few observa-
tions as to the OWN which he understood noble lords op •
posits intoolod to take. He quite unoentood that if they
Deceived boa the ether house • tax bill, which was so op-
poseive in to nature and unjust in its principle' their lord-
ships might reasonably refuses eaterrtain suchs, bill. But
be eanklMit understand how their lordships could refuse
OMB sestet to a bill, the OW* of which had bean
generally admitted, and wbidi bad been passed by the
either Mum of yerliamost_ hugs majorities. (Hear,
bear.) Re odd sot midossisad bow their lordships could
alter weans to eater soma a esndderation of the details of
the measure, and a be assenting to the principle of the
measure, adept a course the practicalconsequences
of which their lordships must be well aware of. (Hear.)
If the measure was wirelfestly unjust, he would admit the
expediency of resisting it at the outset ; but when it be-
came • question as to whether timber was to be taxed one
way or emether, and whether it was to be taxed at all, he
thought their lerriehigo split not to adopt • course the
practical sossognsomm of 'Mak meat be apparent, should
their lordoblyelo onsemand is making any alteration in
the provisions of the mammas. He had however sues im-
plicit madams Is the goad SWIM ad moderation which
lid always bees a:Whited by the house ea oecasions like
t, shot be was sure they wadi not Magi a ammo
wbisi bad boos very rarely practised on ash ,amens.
(Heen, hear.) He now begged leave to move the second
rending of the bill.
The Hari of DERBY said that though he thought the
noble awl had exhibited his veered piudsmskt
from astsging into the diesomioa of theaolnaills ad
aim of has measure and in akin bat a very meagre WI
Ofttmptet and dhot of the WO, he could not think he ex-
sge sea mina in repeating on this omission,
• whidt he bad es shin Isms on former ocemions, the
tam of oadmarlinsay soll4ndation of his government is
thazimaselluki sum= adtriumphant merits of the
edeeste of the ChemeaLlor of the Exche nee. He
lisoght the tine wee • dowel's ems for ektioiag sash
• Mandel triumph, whoa Wens hatredesiog • meow
tibia was obviously the bard of Ids whole Inasekill policy
• measurewhich he has hesitated to c bat
width be (Lord Derbi) would take the liberty of
are their lordships. Hear, hear.) He gaits admitted the
anseolansate ability isplajud in the protest min by the
Ace ssibe of the Embsgusr, upon whom almost the whale
Modes of maducting thepablic badman fa the other house
ot putiment devolved, and in the gnat shill and dex-
terity which that right he.. gentlemen exhibited in in-
ducing that house to Mot to bis imonsial propositions.
But whoa he claimed mat fee the wonderful seesaw
of them miosaggs, the sato mil men pima !dm', sumind
him that Om Isemslid atoosons of the girvermisat ipow
sistog of tete gaithsna—one was the attempted emasudea
of the Thinly: Cents., which, though at first claimed by
the noble earl oggsaitoas an instmos of triamphast sow
sees, yet was sew admrMsd M he &signal and minis*
failure. (Chown) The semeibkr was the budget, of
which this bill was the ossasi.otess and bundation, and
without which it would be impssiblo to any tato effect the
ether financial abeam of the gogasmilia. The pound en
which be defiwebi Obi ialboisslionM Maisons was Assti
that it ambled rho goommort to istogisso a minimise of
taxation whisk boos ors the sgokg:at isimsby, and as a
kind of eampsusatios Was at ths Immo tax;
mad, in the second prom, to mime the Algid bpi
which existed, as be mid, la tlig sues of Muslim between
reel s.d paesml Moray.
_Bolt Obassellos of the Ss-
&epee was. arise -asmiggliad to oily he *ma sgmbstoss
of Wallin on the islogis of the Ft mossong. lab
by the allevalty in whisk the lea. guidon= was
plass., whoa he nosilsoled shortly beim resift
egg" the Er hisszer.ddeleme laid it down SS SE SWIM
that no of the Exchequer was worthy
rietterso wise did ost provide for • surplus of at least
• wherein he slosh of his financial schema
wWI this, that he remlllsoll M MU out to the Hesse of Ccoo
nedesa%tide MON of 100,0001., providedireve him
gbo . while was to be derived from this bill. Now
A son by the merits of this bill, by its junk*, by its policy,
elpialleability, and by its expediency, that the Ansa-
Ili of the prowl admiaistrattos were to be Judged.

(Hear, hear.) And it we. upon the passing of this bill
that the whole financial scheme of the government roust
stand or fall. (Ile-sr, hear.) If the bill, however, was
essentially unjust, it it was oppressive and impracticable,
if it led to interminable evasions and constant vexation, it
it altered the whole character of property in this country,
and retrospectively imposes • heavy burden on former set-
re al. it's, then he sai!, that whatever sleight be the preu-
ni ery advantages, whatever advantages mieht be derived
by other classes of the community—they would be pur-
chased by the introduction of a measure of such oppression
and injustice as this was, that he did not envy the govern-
ment which brought forward such • measure, and claimed
the applause of the country for relieving other classes of
the esmmunity by the instrumentality of this bill. (hear.)
They had at length a worthy successor to Mr. Pitt, a Phenix
Chancellor of the Exchequer—n Chancellor of the Exche-
quer who alone has arisen out of the ashes of Mr. Pitt
with redoubled lustre, and the only one who had ventured
to attempt that which Mr. Pitt tailed to effect. (Hear.)
He would leave the house and the country to judge whether
if this measure was one of such manifest advantage, if it
was so just and fair, some other minister would not be
found since Mr. Pitt's time to avail himself of such a re-
source. (lieu, ;hear) Ho would ask whether such en
attempt did not rather indicate • rashness in reviving what
had been defeated before than a marvelious skill ii attempt.
ing somethieg new. (Hear, hear.) After urging argu-
ments illestrative of what he believed to be the injustice of
the measure, the noble earl said—and in passing, he might
remark that the Chancellor of the Exchequer had, for the
first time in public affairs, resorted to the system which
1 every one condemned as most uneconomical in private life
1 —the raising of mon: y by means of post obit bonds; for on
the part of the public the Chancellor of the Exchequer,
in order to raise money for the present time, was
authorised to anticipate the payments upon revenions,and to
make persona so paying in advance an allowance calculated
upon the basis of the time which would elapse before the
sums would otherwise become payable. Certainly that was
• new mode of raising money, and he cou d not help think-
ing that the right ban. gentleman must have had some
doubts as to the continuance of this bill, and had, therefore,
thought it wise to take what he could get as speedily as
possible, for there did not appear to be any provision for
refunding these payments made in advance should the bill
after becoming law, be repealed. lie (the Earl of Derby)
would next pass to the machinery by which it was proposed
to secure the payment of the duty, a point from which he
had been diverted by the consiatrution of these payments
in advance. Having discuased the bill in this aspect, the
noble earl concluded—he hail now stated to their
lordships the principal objection which he had to this bill.
Ile had endeavoured to show that there was no reason to
impose any additional tax upon the land ; that with regard
to settled property, it would lead to little else but fraud and
erasion, and that it would plunge the country from one
end to the other in litigation. lie hod also shown that the
bill, for the first time, put an end to the distinction
which had always existed between settled and
devised property, and in doing so, by is
retrospective operation, subjected the owners of all settled
property to a most grievous oppression and annoyance, for
which no corresponding pecuniary advantage would be
gained; that to carry the measure into effect, their lord-
ships mast sanction most inquisitorial powers in the tom-
missioasse—powere laying bare the most private transac-
tions; tag from time to time they would be free from
that MR unpleasant of positions—that of an un-
disc debtor to the crown. He had shown
that the bill would fall with the greatest weight
upon the poorer class and he felt justified
is that, ere long, if this bill became law, their table
MW lie MeMined with petitions from those classes, can-
plidais of Ma amts. This was not • bill temporary in its
mare la • Immanent measure, upon which the whole
finanaleilliala etas Chancellor of the Exchequer rested.
Notwitialeibg alb be and hie friends, from a desire not
to enthental the illegniel questions of the government,
would an diens the laws magi the second reading of this
bill, barn Vali IMO 1111111 MI with saying " non.content."
At the ease MEI they wait set amennt to allow the bill
to pass in he esselitisa mad he mild not ea
that he am Mi from the mom wait be proposed
to tan by eassidention of :Aavilles• of the other
hews etpediswent. If their I iesemaable, how-
ever unjust might be the course by the House of
Commons, Mao aught to alter that coarse, it would be
better for them to give up their functions altogether, and
net p thesesk the awe et having money bills sent
We tom et ea. ant he trusted that the
of amtmems =old not push matters to
amt en extent, as to endanger in any degree the public
amiss. He would, therefore, not hesitate to submit to
Mei laiships upon going into committee upon the bill,
taleefinewis upon some of the clauses. The first amend-
mentermal be upon the second clause of the bill, in which
M nand propose to leave oat the words, .. past or," by
whisk the es poefacto character of the measure would be
take away, and the bill be rendered entirely prospective in
lie ifplication. He did not say that there might not be
ISM toe other amendments which he might feel it
his lay to submit to the house. There was one
sear melnaly upon which he should ask the judgment
et ask Iniships, and though he was not yet prepared to
gift la what shape it would be in its effect it would ask
then wh they were satisfied to adopt this measure,
not es anew stgelting over any temporary difficulty, bat
as • pammeset means of raising the revenues of the
country. (Cheers.)
The Doke of ARGYLL having answered Lord Derby's
partimdar =helices, urged that they must consider the
mem= sea pietism of the aural scheme of finance.
He was quite alas', to spare the budget of the pre-
sent government with that of their predeesmon, for
he was certain the pressat would not suffer. In the
span et tear seethe than had been two great finan-
=l salmeents, bon =pens lege remissions, and im-
pedes sew tans. • pest Ilea of the tea duties was
=ltry both, swoe ma =gee= of the area of the
x, though le a Mk= form. Beyond these
plats et geseitea the mend= of the late govern-
ment wan stolen sheen to two artielse—malt
sad begs, emeenthig to abeam 1. If any new tax
whatever wee pepsin, the imentry was entitled to know
the esendly et it:- The read.= were wholly In favour
of the bah= et the post goverment. The two articles
of malt Gad lisp woe eetkely essented with as great
article of seeemeglien, mad ea se nide was thee a lee
call for a remake el tenets. The taxes en ell the
atticles of gewmplism—sere, lea, sad selles, ether
—had ha ease mental sr irien • and, as lislS
late:set of the atillOntat was esseenied, this Ime the
veil last tax they might to remit. The pro-
peen was made not is math in the inn=
et the wasvgase as of the pens=; bat the relief te the
lean kneed would hew base very • ' .ki Wein sod
a wend Inge asselled ups. non the simmes et the
her lino god the iewlig et that grins= bogies, the
hewn arr. The sew lea =gni& by the peewee gnaw
him as elate ills legacy duty
_MI = saesin snail y
le itis nese palish It was madlessi =
an n gawk Is make mins= of direst teas as to
to deal with and finally to dispense with the
=B. The noble earl had treated this
=peed with
embilleabie bat head made no masa at all that
woad how that itf. Theupk it was stew=
te way what might happen a MOD—the male ell
%tobe la eMes then—(a lano)—theigh they could not
parliament to abrade ae inane tax at any Gas
peeled, yet they plaided • Ma by news el this bill whisk
weld enable penmen le ile so it they wise
Oa =alai late cabs, the =son goverwain Ll=
the imams tax in awry awkward position; ad a
had lima made by the noble earl, which we mat
te threw a large Maim= burden ea reel 1.15-
Sasatteszted to 'stabile that ingerees of a
duty, bow mad the vale lied have prevented
its being multi further t Whim the pee= government
sate Wee power heed it weessery Is deal with the
teartaX. sad en round for a seilitute, they
send led awe mire than Man the legacy
thezeklab
to
duty se gassesisme le property. Far ye= there had
beta email maims to haw of such a tan, meekly re-
sisted by dna= Cheacenen of the Exchequer. Mr. Pitt
had originally peeped to Wade real property In his bill
of 1805; and the result of lb omission was that while
younger seas were subject to the tax, the Year essayed.
(Hear, hear.) After the distinct declarationi et the late
goverament, thrash their Chancellor of the Ex-
chequer, that the litisay duties were • system of
injustice, the =seat -government could use no
course more egerilmit with their pads, and
with right and jostles, the to extend the tax cm geseessions
to all property. It had bee correctly stated nail new had
set buss sigh ponies spina it. He Inked hewed to
a madam= of thee of remise= et ha= taxes
whisk had been of such signal bombs to the
seentry. He wee net ea who regarded the bee= tax as
• wee tax entirely. It had sever produced seek beastita
es axing the period WON ISti By passing the bill new
beim the house they wield, however, have as coppertfr
ally of getting rid of that tax is 1810. (Hear.)
The Earl of IIALMEBBURY said he could sot eased
to Mr. Ohba= =eh ananial experisan —laden,
the right ligasegable penes= klemen wield eel
lay dais le it ; bat he did nasals lo his
as everybody nest do, that high moral ebanarat whisk he
had slave maintained, bath by his exazaphi =I
If his boas were • tree impression of the dela lisaleg:X
lama's sated, and sestalagd • true dieurailien alb hidings,
the NW peat otiose le must haw le view mast be the ad-
weeemset and the easinseswg of • lick moral standard
ie all =tan iallasesed by pile e&in. Bat he had
=vernier founded all his lamelel Fella open offend&
goes engem of the worst peed= alma mien. His
mess= upwind ups he suiliege of kemin whin.
He pospessi ethane that Wadi an liaresaingiy Ware
then nie get le parliameat, but the Ahab et whin weeld
fall upon pent= not in a posit slashed 'hingeless. Ie
his loss fee the conversion of et= he baps by attempting
• =a people who had seep le the teas fate the
ides the conversion of the Three per Own wee aimed
• mann et esetainty ; whereas the meet digligelhed paw
tied lemegiel authorities living would have Mid Um that
gent es west was nearly =possible. Bat the eight hes.
palkeign% *en was Se week en the bed mine et ear
Men, sin spa es eptillin dein to sesenh to
gui
an we liessit • gemendea data we Bet likely to teeth
their isehhips thmmelves; hamlet of them, se well as the
=when sine ether been, had probably inherited as much'
se am mgeaed to get ; mad it was • most immoral thing
to sealle_pelenty with demands they ought to pay. them-'
selves. Me bed said this was a tax cowardly in its principle.
Its asthma is 1798, like the right hon. gentleman, thought
they ahead Gall have to face one man at a time. Each
erarmarst paid the tax, and then disappeared ; so that they
send awn get up any public feeling to bear upon the
ineiftr of the day. His (Lord Malmesburfa) anise et
• pied tax was that it should, year by year hies an Ilio
eremilag amen to the Exchequer. They might mid*
say that the amount derived from this impost Mall kb.
. seas, as the prosperity and the property of the linlo7

THE EXPRESS, SATURDAY EVENING, JULY 23, 1853.

,increased ; but he thought that the effect
would turn out to be quite the contrary; for it
would depreciate the value of property, and pretest
the accumulation of wealth. But just look at the moral
i consequences that would ensue. Of course the Chancel-
' for of the Exchequer's only care was to get as much money,
I and as quietly as passible. To be sure his bill would make
all men Patriots ; for every man would die for itts country,
and his successor would " bleed" for its good. (Laughter.)
Of course if a man disinherited hit son, and left his pro-
, perty to his servant, he would be so much the more a
patriot, because then the country would get 10 per cent.,
instead of one. The bill would hardly square,
it was true, with recent legislation far promoting
the public health ; because it was obvious that
I those periodical mortalities, the recurrence of
which the appointment of the Board of Health had been
designed to check, would be a sort of harvest for the right
hon. gentleman. From these sickly seasons the right lion.
gentleman would have derived much additional profit, and
by that means would be enabled to present many more
brilliant budgets. (Laughter.) But only think what
would be the effect of the measure upon the Chanellor of
the Exchequer's social position. The Chaucellor of the
Exchequer was never a very popular character—(laughter)
—but inasmuch as • great deal of the taxation had hitherto
been indirect, and as even the direct taxation was not at all
to be compared for injustice and oppression to this—the
' right hon. gentleman, fur the time being, had been pretty
well received in society. (Renewed laughter). But what
would his position be now ? lie would be a sort of vulture
soaring over society and inviting for the harvest of death.
(Laughter.) Ile would be the heir of every man's pro-
perty ; and every man would hold his property under the
crown wl'o had formerly held it independently. (Hear,
hear.) Under such a state of things, be could hardly con-
ceive the right hon. gentleman approaching even his col-
leagues, and asking, even in the most coeventional manner,
after his health. (Great laughter.) He (Lord Mainzer
bury) was prehaps wroag in jesting upon a subject of such
importance. The proposal to base the calculation of a
man's life interest upon a set of tables was manifestly
absurd. It might indeed be fair if everybody were placed
in exactly the same circumstances—if everybody died at
70—if every one married at 25, and had a sun exactly
nine months after his wedding. (A laugh.) The chances
of life of a man 59 years of age might be
much greater than those of one at 21, but the latter would,
Unless, have to pay much more. They did not do so
at the insurance offices. If a noble lord wished to imam
his life a doctor would be called in to see him; his pulse
would be felt, a stethescope would be applied to his chest,
and inquiries would be made as to his former mode of life.
If there was any blot ho must pay for it; and if his
life was a bad one it would be refused altogether.
(Hear, hear.) The noble earl concluded by giving
notice that he should move amendments exempting
title deeds from production, and timber from taxation.
Take the case of a person inheriting timber from a tenth
cousin and paying ten per cent. It must be borne in mind
that this timber already paid an income tax of 3 per cent.,
making in all a tax of 13 per cent. Now the highest duty
on Baltic timber was only 9 per cent., while Canada
timber paid only • nominal duty of a shilling, and staves
were entirely free. The effect, then, of the bill would I e to
impose a tax upon the home-grown article greater than the
highest foreign duty, and in some cases five times as much.
Even as a financial (operation the proposal was not credit-
able. (Hear.) The bill was one of pains and penalties;
and it was ono that would keep open the ledger with the
government till thiejrave closed over the person in pos-
session. (Rear, hear.
Earl GRANVI said the noble earl had taken the
noble duke to task for having indulged in • disquisition
upon different budgets ; and then he went off in a compari-
son of the rival budgets of Mr. Gladstone and Mr. Disraeli.
The strongest possible epithets had been lavished on the
bill ; but he did not expect to hear the terms absurd and
cowardly applied to it. As to the objection which had
been taken to the tables, of course it was impossible to
avoid eases of hardship ; but it should be remarked that, in
the case of personal property the tax was charged
upon the whole value. The proposal of the go-
vernment, therefore, was • mitigation of the
law. So with respect to the consanguinity tables,
the question was rather to proportion the amount of the
tax to the degree of expectancy ; and if they lowered the
10 per cent. they must increase the lower per eentsges.
With regard to natural children, their position
had been fixed by the law, and mild not be al-
tered in an incidental manner by a bill like this.
If the present bill were rejected, it would take away from
the government the power of giving the great relief to the
people at large, which the budget proposed to give. As to
the objection that there would be • difficulty in getting a
remission of duty where it might be properly claimed, he
contended it was only imaginary; and there need be no
unnecessary exposure, for those parts of the deeds which did
not refer to the particular question, might be sealed up
from the observation of the commissioners. Then with
regard to timber, if they admitted the principle that pro-
perty must pay a tax on succession, would any one contend
that timber was not property ? It was clearly property ;
and on no principle ofjustice could they exempt it from the
tax they levied on all other sorts of property. He hoped
the noble earl would lay on the table the amendments
which he intended to propose, as he was sure he did not
wish to take the government, or the house, by surprise.
Lord ST. LEONA/LDS did not wish to continue the
discussion, because he should have several amendments to
move in committee. He wished, however, to know whether
he was right in supposing the noble earl opposite to have
said that brothers-in-law and sisters-in-law were to be ex-
onerated ? He also wished to know whether there was to
be any alteration as to husband and wife?
The LORD CHANCELLOR said his noble friend did
not put it quite so high as he might have done. He stated
that by the present bill • son-in-law or daughter-in-law
would stand in the same position as a son or a daughter.
His noble friend might have put it higher; a brother-in-
law would stand in the same position as a brother, and a
sister-in-law as a sister. There would be no alteration as to
husband and wife ; they *d no duty on succession now.
The Earl of HARROWBY was opposed to the bill. If
the balance was fairly struck at the present moment, any
man who gave a fair and candid opinion would admit that
the land contributed more than its fair proportion to the
burdens of the country. One of the effects of the bill would
be to make • man a slave to his lawyer, and involve him in
greater expense than the tax itself. AU the difficulties they
were inflicting on the land would press more severely on
small proprietors than large ones ; and he really did think,
looking at all the evils which must arise from the measure,
that it had been most hastily undertaken. It wee a tax
against which no great slaues could remonstrate, end it
was much safer to tax classes that could remonstrate than
these that could not. He did not know whether he should
support any of the amendments to be proposed, but be
disapproved of the principle of the measure.
The Earl of DERBY said that in answer to the appeal
which had been made to him, it would be impossible for
him to lay on the table Nu speak amendments which he
might move on the or the bill through committee.
The bill bad rely besa7aYtmd that morning,and they had
had very little time te madder more than the main prin-
ciple. He could ast, theeseare, say that he would lay on the
ts• ineendemmte whisk might be found necessary, or not,
In the Meenrelin ef the theme; but he might state that
oar enaendrmnt whisk he should move would be on the se-
cond clams, ma the Whet of it would be to make the appli-
cation ef the bill eaving es the interests of all existing set-
tlements. He aboniddra move a clause for limiting the
operation of the MU to five years.
The bill was that read a second time.
The Land Revenues Bill wee read a third tints and
The The Colonial Church Regulation Bill was reported,
with amendments, and ordered to be read a third time on
Monday.
Their lordships adjourned at 20 minutes to 10 o'clock.

HOUSE OF COMMONS.—FaIDAT, JULY 22.

The SIMLA& took the chair shortly after 12 o'clock.