The Express.
London, England, 1848-02-19 00:00:00

reign, and inheritors of the same glorious come—
s& members of the British empire. I believe that, if you
continue in this course, upholding the credit of the country,
you will be enabled in future years to give still further relief to
the people by a reduction of taxation. I regrett it is not in so
y
power honestly to propose such reduction a present ;but.
consistently with my duty to the country, I cannot do so. I
have taken, I am aware, that which is the odious part of
duty, but which being
m a duty I cannottion shrink
th
from. I
will conclude by stating y strong convic to be at, by
taking this course, you will in time see the commercial
credit of the ciuntry restored, you will preserve unimpaired
the public faith, and red no danger of seeing this great
empire insulted or injured by any power whatsoever.
(Cheers.)
The Chairmen (Mr BERNAL), having read the resolu-
tions embodying the helot(' lord's proposal,
Ler' J. RUSSELL rose again, and raid, I merely pro-
pose these resolutions now with the view
that
that they mayday
be
hefors the house. I shall propose Mon
se'nnight the house resolve itself into &committee of ways and
means, and I shall then take the sense of the house upon thi no.
Mr. HUME said he never rose to remark upon a budget
' with greater pain. The noble 1 rd and his colleagues seamed
to think that we were on the eve of • war, and that prepare-
tions must be made accordingly. If we were so, he believed
that but one teeling would exist in the country in reference
to the course that house might to pursue ; but as we were
not, he believed that the course proposed by the noble lord
I was calculated to interrept the peace which at present
existed, and to create strife with that country which of
all others it was the interest of this to be on
terms of amity with--he meant France. On that account,
if fur no other, he deplored the statement of the noble lord.
The ides that we were now in a time of peace keeping and
maintaining 300,000 men, including the militia, the ponce
force, and all paid adjuncts, was what .this country ought
not to bear. lithe noble lord had said that he would reduce
the winalowdex, or any other tax that pressed upon the
people, and that in lieu thereof he meet have 5,000,0001. or
10,000,000/. additional of income tax, he should have had Lis
(Mr. Hume's) ray support.
Mr. BANK ES believed that the country at large was net
prepared tor any such proposition as that of the noble lord
The noble lord had taken credit to himself for not hieing first
proposed his estimates and afterwards made his statement.
But they were not no forgetful of their duty in that house as
to have admitted the estimates until they had had the expla-
nation ; and having had that explanation, be must say that
it was not satisfactory The ratimates relating to
one nation.' naval defences were those which were
received with the least degree of jealousy ; but then there
was an employment of the naval Genic. going on at present,
which appeared to him and many others as unnecessary.
(Hear, hear.) By a different disposal of oar naval forces
some reduction, he thought, might be made in the national
expenditure. He alluded particularly to the squadron en-
gaged on tre coast of Africa, is a climate destructive of
human life, and for a purpose which had totally failed. He
conceived that the withdrawal of that squadron, and the
cessation of expenditure consequent thereon, would he
attended with no detriment to the public service or to the
interesets of thecountry. lie might allude also to the unhappy
expedition to the Tagus and the squadron stationed there,
keeping up a feeling of irritation in the mind of
a foreign nation. Wits regard to the army, without at the
present moment suggesting that any diminution of in
aggressive force might be proper after what bad fallen from
the noble lord, he (Mr. Baehr') might be permitted to state
that a different disposition of that forte might be made,
by which the saying of the additional large espen4iture of
witch the noble lona Ind spoken in reference to an increase
of the army might be effected. It was no doubt to be ad-
mitted, that for the ordnance service a longer term of train
ing was necessary than fir the infantry and other branches
of the service ; but as le lated to the infantry they might
reasonably look for a diminution, which might be turned to
the ordnance department without any increase of expense.
The noble lore's proposition with reference to the militia
was one which would be highly unpopular. The pro-
positien, in ha judgment, was peculiarly alarming and
wi II demrviug the consideration of those who would come
under the operation of the law, because the noble lord had
stated that the practice of finding substitutes had in former
times been found to be inconvenient, and that consequently
the persons wbo would be balloted would be obliged them-
selves to serve If so, tide would be a conscription in every
sense of the word as odious as that which existed in France
enter Napoleon. The noble lord need not 'Lind the French
newspapi es, hut might depend upon it, if the French
ce.ion should unhappily attempt to bully, threaten,
or insult this country, the same spirit would
rise up now as had in the time when the
spirit of aggression had prevailed under the domi-
nion of a tyrant and great conqueror. (Hear, hear.)
The noble lord admitted that the consequence of the
propositions be made would be to fix upon the coun-
try a considerable addition of charge, and this he proposed
to meet by an sedition to the income tax. The noble lord
stated that whew the inc. me tee was first proposed
in 1842, he voted against it,
taut the o
b nble lend I
not only voted but spoke against it, and that
speech was very memorable with regard to the par-
ticular point that now came under the consideration of the
committee, namely, with regard to the national defences.
The imposition of such a ten, the noble lord had observed,
would produce the conviction that this country bed no other
security, but was obliged to resort to it at, if' the nation was
making a struggle fur its actual existence, and therefore that
the country was unprepared for war. Such had been the
xpreesed opinion of the noble lord, and yet now
the noble lord said the oh). et was to assure all the
world that Engl and was afraid of none of them, espe-
cially those powerful states who might be supposed to look
at this country with the greateet jealousy. 'Under all these
impressions be had heard with great regret the pro-
pagations of the noble lord; he wished for a different
application of the existing forces of the country,
upon whom the unhappy lot of an addition to
the income hex ought to he spared. (Hear, hear.)
Mr. B. OSBORNE said, that of all the financial state-
ments which it had been the duty of a minister of the crown
to submit to the house, he though the house would agree
that few had been made with greater fairness and candour
than that they had just heard; but at the same time he
thought the manner in which it would be viewed by the
country would be one of great alarm and consternation. He
confessed he thought test if there had been any regular
organised opposition in the house, such a statement wou'd
never have been m tie by any government, for it would have
signed the death warrant of any ministry. (Hear, hear.)
On the whole, the noble lord had shown that the
present was not the retrenching and economising govern-
ment which the people of this country had expected 0a
Monday week, when the question came on, he (Mr. B.
Osborne) should ee prepared to enter fully into it. In the
antime he called upon the noble lord to reflect, and not
be led away by the admiration of a militia force ee-
-1 roma by Lord Chatham.
The Marquis of GRAN BY reminded those hon. members
who had supported the free-trade measures of 1842 and 1846
of the results which the present budget exhibited of their
policy. Tne noble lord at the head of the government had
attributed the deficiency of the revenue to the panic which
had prvadeil tis untry, and to the want of employment
in thee manufacthurincog districts, and, therefore, he (the Mar-
quis of Granby) was sorry to think that the noble lord had
not sdopted,the previous treeing, the precautions calculated
to prevent a recurrence of such a panic disturbing the com-
merce and industry of tee couutry by the adop-
tion of the resolution proposed by his (the Mer-
man of Granby's) right honourable friend, and
colleague (Mr. Mercies). the noble lord had admitted that
it would take some time before the country could recover
from the panic which had pervaded it, and the misery into
which it had fallen, but he destroyed the chance sf recovery
by proposing an increased income tax for two years, and the
continuance of the present tax for five years 1 nger. lie
therefore thought the noble lord showed that he had
great confidence in the free-trade measures which he had
supported in 1842, and again in 1846. Much as he re-
gretted part of the noble lord's speech, he had received
much gratification from that part of it in which the noble
lord declared his determination to maintain the independ-
ence of the country. He rejoiced to have beard the noble
lord state that while he was an advocate for peace, he
thought the best way to secure it was to be prepared for
war. (Hear, hear.)
Sir B. HALL said that, in cemmon with the hon. mem.
ber for Montrose (Mr. Hume h), e had heard with sincere
pain and deep regret the announcement which had to-night
been made by the noble lord at the bead of the government.
Though the noble lord who bad just sat down bad approved
of the proposition of the government in reference to the
maintenance of the independence of this country—in which
he (Sir
e. Hall) coneurred—still be thought that, looking to
the presat position of foreign affairs, the government and
legislature could well aft ird to look at the state and condi-
tion et the population at home. He did not think there was
anything to apprehend from foreign invasion ; and, there-
f -re, looking at the distress which prevailed throughout
the country, he was of opinion that the present was
not the time for increasing the expenditure,
rantoquently the burdens on the people. In taxation a single
reduction was promised, except the miserable reduction in
the tea on copper, about which nobody cared anything. It
was a fallacy to suppose that the additional income tax
would only continue for the time specified—two years • be-
cause when it felt in another government would be enabled to
make a further increase for a further period. He would
not no enter into details, but when the proposition came
before the house, he should give it the same opposition es
when he had joined the noble lord in eating against the tax
• when originally brought forward ; and if it was carried, he
should propose that the impost should be extended in its
operation to the sister kingdom. (liear, hear.)
Mr. 0. &ROBINSON observed that it was manifest from
the statement of the noble lord at the head of the govern-
ment, that the people of this country had no hope of obtain-
ing any reduction in the national expenditure, and must be
prepared to hear additional tuition to make up the existing
deficiency. Nothing could be more unsatisfactory than the
statement of to night. True there had been since the
Peace a considerable remission of taxation, but meanwhile
the condition of the people had retrograded in a greater and
more rapid degree than the reduction of their burdens. Hence
he contended that protection was essential to the prosperity of
the commerce and industry of the land.
Col. SIBTHORP said, whatever pain he might have felt
in listening to the statement of the noble lord, he had
experienced no surprise ,• nor should he be surprised at any
amount of hypocrisy and tergiversation on the partof cabinet
ministers and leaders of this house. (A laugh.) When the
right hon. baronet the member for Tamworth, after pro-
fessing so much anxiety for the protection of agriculture, and
so much regard for the church, and avowing his fixed deter-
mination to maintain the interests of both, had displayed
such tergiversation and such unmindfulness of those inter-
est,—what surprise could be felt at the course now taken by
the noble lord the member for the City of London?
IHe believed the invasion-panic was groundless but the
jealousy of foreigners must be excited by oar lammed pro-

parations for defence, especially at
distrast.ime.gotim:efonthntetjt,tace. nb_l:haithalwi
wotuloedumllydan proclaiming
h.h. o
(criL a
eudgi
ht eta
e, , irin.
u)aebsit
il iv,:
ny. hear:tro: it,he t
:mi.:
jait::: '
1
taxation. (" Question," " question.") When he had does. !
under existing eb,:,
(Laughter.) lie never had been put down in that home:
coteallueldlne htdr:yeonvu:trgal,th:e was confident that, in emx months, the
bmealf:litro.fionvr..t.tsh.iechßinxispetßhetlaNdiocibiee:f
imaduaydheeg,ahnfaeodr:ilhliik.n fdhe:fobiiiieng.likeitmamais_
statement with considerable pain, not on account of the
tch,eni.nuohnlee,.
,lord,
ai t t i wax
Oct,
regreeareettvedaenreithat,
hear) —but he deeply
woe obliged to state to the house a caneidaralja
deficiency, that he felt it his duty to t
the estimates, and consequently to impose &Mir
taxation. Ore at part of the excess of expenditure, he go,
Oer.tmel, had already taken place ; and the noble lord wee
felt it his deify in tertaia prriat+,to add to the establivb
of the country. Be was not one who thought we mom
\
entirely rely on the good feeling of foreign countries, at
omit to place ourselves in a state of adequate pro • -
He should therefore be prepared to support that put of the
proposition, if it were necessary for the security end deft 4"
of the c ntry. But while doing so, he should feel s
I ei
duty, end he trusted the house would do the same, tol ett
e*
carefully to the amount oft xpenditurepreposed, with mild,
more reference to economy than had been practised it
former moire. There was at present about two aud aMR
millions of actual deficiency, without any increase weetmor.
As to the mode of meeting it now proposed
he regretted he could not concur in it. lie had oppaesee
the income tax on its introduction, when the right
hon, baronet the member for Tamworth had mud
that it might last for five yeas, but that he would take it f,
three years first. When, at the end of the three years, it
was proposed to continuo it, be (Mr. Baring) had stated
that, though he entertaiued all his objections to it, ye,, es it
bad been originally proposed for five yearn, and no there me
a delittiency of revenue to meet, he was not prepared to
throw any difficulty in the way. Had the noble bed now
come down and proposed its centinuation, without any adde
ten, he Mould ti ive had difficulty in termite any b!,jectio,
to it; for, much as lo• h id always objected to it, he thought
a deficient revenue worse than any tax. (Heir, hen.)
But the noble lord, not content with the income tax es
it Ntood, sought to raise it from three to fiat percestm
he 'Mad for the original tax for five year., and the wire
tional tax for two, though it was almost a J.ke on the loom
to speak of its cant ioualice for so abort a time. (Hear, hear)
The truth M 51,1, the three per cent. earl pertnement, and me
five pa cent, en all probability, we should never get ?elm
(.. Hear," and laughter. I This was a new propos:tin; be
could not Concur in making the income tax part of the pm
manent taxation of the country, and therefore he couldn't
vote for this addition of two per cent. (Hear, hear.) k
times of great difficulty or war it might be very wed, is
laying on a tax for two or three years, not to be very aisa
as to whether its pressure was equal on all classes. Bet
when the income tax was raised to five per ant., and
made part of the permanent mstem of taxation, they was
bound to make it more equal and fair. (Hear, hear.) lb
alluded, of course, to the different way in which the tsa
presaed upon income derived from property arid that derived
from the exertions of individuals. (Cheers.) This emit
nut long stand the test of fair reasoning ; if the tax wen
raised to five per cent. the public opisiou would be 'trolley
excited egairet it.
Mr. DISRAELI said that a wiser speech, amore practical
speech, or one more justificatory of the opinions of hon. am
tlemen on his aide of the house be had never Mod the
that which had been deliver) by the right hon. mutleass,
He could not deny himself the feeling of congratulating hi
hon. friends around him upon the moral drawn by the right
bon, gentleman from the present position of the coaalre
(Hear, hear.) In 1842 there was a deficiency et 3,000,ega,
which produced the fall of noble lords and right hon. pm
Hewett opposite. He did not wish that the present deficit
might be ominous of a similar result, but that they might he
able to contend succasfully with the almost insuperable dif-
ficulties they had to encounter. And they bad
this advantage, that there was not a party reedy
to take the government of the country on pro-
ciples avowedly opposed to theirs, and who professed to
raise lie country frnm its low position by a process which ha
would net then designate. It was enough that that petal
was sufficient, that the deficit was mode to disappear, lad
that a large surplus remained. But the 5,000.0001. raised
I by the income tax disappeared during a time of peace, sad
then they were in the eame position. (Hear, bear.) Wee
I there no moral to be drawn from that result? (Hear, kw,)
Without floating in the atmosphere of theory, had theynet
the experience of seven years to guide them, and that
experience was condemnatory of the new system. (Hear.)
They had been told that, with the imposition of the income
tax, there would be a simultaneous relaxation in the prima.
pies of their commercial system, which, before the period fee
which it was paned elapsed, would produce benefits whirl
would relieve them from their difficulties. Where wets
they (Hear, hear.) Where were the profits which they
hid received in consequence of the abrogation of a single
duty ? (Hear, hear.) Where was the 100,000,0001. which
it was steed in eke evidence of late Seermary of the Board
of Trade before the Import Duties Committee, sad
which was the basis of the legislation of the thin
minister of the crown, they were to receive from
the abolition of the corn laws ? (Hear, hear.) Since
Seen a new lease of the income tax had been takea,
and with the incumbrance of a great fine is addition. (Hear,
heir.) And the deficiency had been amplified into MOB.
0tr01.115 dimensions. Where wax the 2.5,000,0001. which the
more modest member for Bolton proposed ? It was not to be
found Not one shilling in the pound had been received,
but they had to pay a shilling in the pout d. not only to
support the credit of the country, but to maintain its inter-
'
penitence in consequence of this new economical policy.
He wanted to know what the principle of the income tax
was, and whether it was to Ire eerpetual. The right
honourable gentleman, the Chancellor of the Exchequer,
by his cheer, intimated that it mot The noble
lord at the head of the government ought to speak
out his mind on that point, because it was one of the
remarkable circumstances of the income cox that, while one
principle was alleged to that house, for its imposition, Sa•
other was given out of the house. The right hoe. bare (the
member fur Temetorth) told the house, with his scout
plished plausibility, that the income tax was a
temporary sacrifice for great national p irposts; bat,
thertly after parliament was prorogued, a letter
appeared from the some minister, coutainiag a rem
son fur the tax totally discordant and tefally different;
and which remained up to that moment unexplained, MI
he believed inexplicable. (Cheers.) if a majority of that house
believed that the additional tax would continue* for only
two year:, that assembly was composed, he woul. I not say of
most gullible materials—(lauohter)—hut was one to whose f
sympathies the minister might apps I with mere confidinie
than any that ever existed, Was it more likely that*,
noble lord would take it off than the right hon. gentile.
man ? The noble lord, with regard to the relation in whites
this country stood towards other countrim, expressed a
hope which amounted to an opinion that there was no mem
pent of the peace of Europe being dis. urbed ; vet the noble
lord came forward to propose a war vote. (Hear, hear)
The noble lord declared that the armaments of England
were by no means in that sorry plieht that they were repre
rented to be, in, and that they kid been increased; and all
this notwithstanding the vigilance of the Nestor of finance
(Mr. Hume). If this were so, where were all the advantage.
of a reform in parliament, which was to produce cheap go-
vernment, and re Auction in the military establishments of
the country ? The army was cut down, and the navy at
down, and the Runs spiked, but after the hubbub was over,
and the dust laid, a reaction took place—sou the reformers)
and your c tnetituente were gulled, and the armaments of the
country were increased while ynu were looking on. So
meals for economy, and for attempting. to produce eflate
which it eueht in be known were impossible. But it
seemed the age of petty criticism had posed away, and that
they would is,, longer tolerate that gentlemen should get op
with that indomitable perseverance, which h fledwaysadmiry) in the hen member for Montrose, me ii as it mu
with a naivete: that was charming-Mlaughter) —and criticiee
the conduct of government with respect to the expendituze
of the country. A new era was at hand. Armaments
would no longer be required—ships no longer necesseefm
English regiments would be as obsolete to the E.
legions, be ause there was a new principle of gravers-
meat in action throughout the world—the Mille
nium, so often dreamed of and antieipated in seek
different shame was at length arrive). It appeared, how'
ever, that this new principle, which inflicted 5 per cent. s•
come tax upon them, was a costly compensation as a weal
QQ
for the blessing. of perpetual Reece. (Laughter and cheats.
The apos.le of that new principle he had never spoken
with disrespect in that house, and be ventured to admire
his genius whi n he was not supported by prime midden
(Hear, hear.) But the principle now profound. dby the
bon member for the West Riding (Mr. Cobden) was not et
original ae that oil, r principle which he promulgated—
the prirciole of buying in the cheaper matimts and sellieg
in the deareat. This principle, which was not new to the
minds of men —it Mfrs not confin' ri to enthusiasts or
preach. m upon tubs, or solitary monks—Mt it had before
now influenced men of action as it had influenced
cabinet.. It bad been considered in cabinets and public em
semblie a, and he need not remind the house of what had been
the barren results of thaw aspirations. A century ands
half elapsed since it influenced public councils, and they had
during that period the bloodiest war that ever existed.
The Abbe St Pierre's argument wee, that Europe el'
a confederation, and that none of the testes which coat
posed it could have an interest in going to ware beau" war
was opposed to their interests. It was, therefore, Demean
that every power should disband its army; hut when it was
put to him—" Supposing any power did not consent to the
new eystem?" he replied, that it was incumbent on the °Mel
to enforce those peaceable principles of which he was Me
great promulgator. (Laughter.) So that it
aetaMd
wax was the essential elemeat of his pee.'
The fallacy of St, Pierre was the fallacy of the hon. gentle-
man. it was true that it was not the interest of th
was ose as
lions which were constituted to go to war. WWaxs
proluend by powers that were satisfied, hot, as in society,
disturbance wan created by an individual, who did not find
himself in that position which he thoueht his talents entitled
him tn. (Loud cries of "hear, hear" from the cainitteroi
1 benches.) So was war always produced by nations, races, or
princes, who agitated fora position. To reason in favour
of peace from existing circumstances, wee to reason on eater;
finial grounds. The hon. gentleman took an easy view of
M.
whole continent; and he bad a right to do so, because be the
been every where well received. He (Mr. Disraedi) gas
glad of that reception, though perhaps be might be
duped
to think that the continent did a great deal for hint, beaus
he did a great deal for the continent. (Protectionist cheers)
He did not thine that the argument derived from i?'
creased commercial intercourse was a sound one. Look-
tog to the oommenial relations which existed was
France in 1787, when Mr. Eden WAS sent
°l.t,
to ni mitiate a treaty he was not surprised that Mr. Pitt lhoere
te
have indulged in the expectations to which the nob.e lo

e
e
they
had—referred.
it::: 1 "ab
internecine thatecr.rrrtut ;:eht tam t h°1::
ease of
✓ • a
that by —e aid ine
e • he
never mere
times w"114 gradually
on a
evf?nradeanntat"uercial relatio
oi
introducedmm: n
c.ridtnt tni Are-
eoh abnbv -Bet; rt icht not
etz
therise
we
y
e
w a
o
ly
cy
whoet increase
ror e?lip pte iont,cmft et
t:!:
oteem theriT
neti
rt,"
•
itunea' s to Is
stitution wit
s
w.rua
epinot
itrple o opfE.preparedg.o n?pt.i....nt o
prof.
tt
prevented from haw.;.
did not think that the o
in its swaddling cloth, ,t
The hon. gentlemsa
he promulgated his fa
hmade at Rout .1
verPsec orthyof the purple e
in its palmiest days -
England. That gent,.
and terminated{` sp
fraternity." hy
fueled ? (Chre,s.)
in before ? Not
Some men were for t
but as for trate, ail) it
was this, that he alo .)1
who wishtd to get, r
always prepared to pi
laughter and cheer,: z.
munication, bTN) ut it u
" 11.04.11%
and the right hon. r.n
(Mr. Gibson) inspired'
coarse inspired by
and told them this we
was not to preserve ,
do more—that it bait
ante—remove the .
and cenainly if you ,nf
would be the result. 1
debate. he (Mr. Hemel
the government. (I
supporters h.,d kep• t
• (Renewed cheers.) Bt
them to do ? The ,hp
franchise to one elev., a
upon another. cc,
them take care that th
(Renewed cheers.) TI
spirit of a crass whose f
to the perminence of
of that prosperity
it was impossible to K 2
curing their power If
even for a moment, sti
independence of the
to the defence of toe
thought nothing oe a
cite themselve4 et .0
theFuutrsn becedo.upse:rtLyW:eu"rdeb,c: ti..heesor:
"withititohnecsehe,prri:leitalt•vs,l
inquire what werr th
vited to adopt, and he
ancient and the vi ner
cheering.)
Mr. COBDEN
said, that I shall haw
gination into which
relinquish the h.tnot
would have place.' m,)
he hu followed me r
must yet pardon me
to refer to on staa r
sition laughter.)
surprise the dis.aorom
our finances. II in but
sheets of all the indui
has astonished a t is,
and mercantile mi
year, instead of I
instesd of attempt
keeping the expendit
he seems to have butt
receipts equal to an it
I must say that I has
the defalcation of z;
in which the ne
alluded to. I
but I do not bell .va
Minister in this hoe
chiefs to this cot at
What is that hat
cries of " No," toll)
is that but a three'
(Renewed cries
to hear these t del
the represents ice
disclaiming an) sot
noble lord's spc,
that we have
cannot be too coo
me ask, what is th
Where is the in• t
hostilities desert.
We were told, -a
at amity with .v
we asked thi. ti
convey the tru, .?
night c.divey tie
danger to con o I
against us? st e
is said that the Fri
(Hear, hear.) Y
the house I shall
in the French
British navy h.,
increase of the
the noble lord aim
was double flit sit
then going to "
strength of Ott rel
alarmed at the id
are the people eh
them better p, ,ti
present in the hi
tuency in the eq
of people—an.
town in the ‘k
not been h. .d
protection, at I
and militar)
there are th,r )
to say that ni•
ment that the yr
posed to you. I
these facts iv. h
forth to Fr_.,. ••
•
address.
let me ask at el
(Great cheer
at any time . I
me for sayin. ti
tify such a rro
heard to-nigl t
proposal. it,
petted cheer
arm the coup
It is true • b
in 1792, and' at
bad had th, i
and the lust, ue
we have note,
plunged us i.,tc
aristocracy a.id
the aristtier.,cy
the debt vh
calling on t
How diffm .t
France has
five she now hi
orders—no
position)-7
and she has 41
tivehosFrat eel
the Ministe- at
the danger, el
(erred to Me.
best proof
required, at d
We are soh:
there is a ..t.d
how very WI
of France
matter. h
stinacyor t
men had b. •
stilt would -a
have turns
the prime i ,it
probability
probability '
some degr,
loaded and
you are tie I
such rot as rt
of all our
that we ot el
(Reputed
ruble =undo
make the or
that eonst-te
(Mr. Wart. )-
our mono) ti
thee than it
ways and wit
experience it
reply, /*That
navy, is apt ei
of those mil,
who k flows
all be cast-

at
the
he
y
had
Geese
cr
ght
peah,
d
n
n
hat
t{er
an
of
aid
opa'arec
11. isiLediti rectally
eehne:egehl dvygt
neht
excess
(Laughter.)
distress,
"question"
rif.:gMhoo' tnYmne'd,ent.
expenditure,
frt
hoiont
,t Rear
when
eh t "1:14s di
ea
yes:4l 621.1 b
increasetbn erth:
e d'
the
art
h::ecme.
wereiciturshltu ner
wise
raid
imbitothat, in six months, they militia
f cl
re
f
anypgainn,er:lotinontheachceo"uirciti. Olfbody —tleg .
,agrmeattdede, ftotra,t,likueadi v,rerev.thing. sever Moro rococo ;he
tenses would gradually I
U
felt it his
duty taettlitteeirsu.
t,)altusertfnoequeplielntanheetelr;ofahWrioftlitmh.epoithl iot-
a C3llll beamr;:negetilatr:h•linttrdtechndeo on
trot',
ftr
would continue to be
alai to war. But it wee
introduced by the new
peiato,to add to the establith only tendency vs hieb he
ee not one who thought we sway the increase of their tat
iga countries,
in a state of adequate protection,
prepared to support that part oldie
ocessary for the security end det
bile doing sir, he should feel it
leer
o
people of Europe paid,
lih°t•ltbajwinvf:he.thuerlit:ori°: :pc °iliani:liel.lluiranleol:evamrcilltedeta;:".ih.st°:poteomadthw(rtivarletne.l.l.';.:3:
did not think that the •
of meeting it new proposed
it
a
p
a half
not concur in it. lie had opposed in its swaddling cloth, ,
soophoticonyia. „
thanawres.4:
without e'tiehipndb
about
uip arid name,
uco,pidtwith
d itt :11,41e. wwwp,
was
e :in.
noir
rpt
et
opdi.
pogf. preparedrhin than
e b.
The hon. gentleman s t
its introduction, when the right he promulgated his fi
.mbar for Tamworth had 'wed
years, but that he would take itspeech made et Itow
I worthy of the purple
a, at the end of the three years, it in its palmiest days--
mao it, be (Mr. Baring) had stated
England. That gent;:
Sued all his objections to it, ye., se it and terminated his sp c
.posed fur five years. and as there wee fraternity." Why
is to meet, he was not prepared to fueled ? (Cheers.)
the way. Had the noble bed now in before ? Not
cd its centio nation, without any adde Some meta were for b
tad difficulty in offerice soy eejectim but as for Irate, tat) t
h td always objected to it, he thought was this, that he al.
torso than any tax. (Heir, btu.) who wished to get,
not content with the income tax is always prepared to pe .1.
aloe it from three ti flee percest.• laughter and cheer,: 0.
sal tax for five year, and the a. munication, but it .
meth it was almost a joke oar Melons "The wieet
Luce for se abort • time. (Hear, hear.) and the right hon. Lien
•ee per cent. was prinanent, and the (Mr. Gibson) inspired
obability, we should never get tide( course insiered by f
:lei This was a new propos:tin; be and told them the'. w
inking the income tax part of the pm. was not to preserve
E country, and therefore he mule em do more—that it mu
If two per cent. (Hear, hear.) le ante—remove the .• in
ty or war it might be very well, is and certainly if you I,
oor three years, not to by very Mee would be the reside I
mum was equal on all classes. Bat debate. he (Mr. Dieree
was raised to five per cent., sad the government. (r rat
msneut system of taxation, they was supporters bed keg
re equal and fair. (Hear, hen.) M • (Renewed cheers.) B
o the different way in which the tss them to do ? The bj
lerived from property and that derived franchise to one elm.,
if individuals. (Cheers.) This eeeN upon another. (lir ar,
test of fair reasoning ; if the tax wee them take care that th
. the public opiaiou would be linen (Renewed cheers.) T
spirit of a emu whom p
Lid that a wiser speech, amore musical to the permenence of
ustifiestory of the opinions of hon. en,. of that prosperity
of the house he had never limed the it was impossible tie me
deliver.el by the right hon. geutleass, curing their power If
mself the feeling of congratulating hi even for a moment, sti
rim upon the moral drawn by the Meet independence of the c
the present position of the anetry, to the defence of the c
42 there was a deficiency of 3,000,00 a, thought nothing or a
'all of noble lords and right hon. get• rile themselves es
did not wish that the present deficit France. (Loud cheer
a similar result, but that they might he the house were, as
ufully with the almost insuperable die traded party," he ho
to encounter. And they bse with these prineteies
as not • party rallyposition cheers.) we
at there w
rumour of the country on pne. inquire what were th
mud to theirs, sod who professedvited to adopt, and be
m its low mosition by a process which)* ancient and the or ner
tnate. It was enough that that mean cheering.)
the deficit was made to disappear, sad Mr. COBDEN r
s remained. But the 5,000.0001. mimed said, that I shall hay
nation into which
sappeared during a time of pesos, and gi
uish the h.ino
same position. (Hear, hear.) Wes relinq
drawn from that result? (Hese, kw,) he
have places' in
he has followed me fr
the atmosphere of theory, had theynet
seven years to guide them, and that must yet pardon 1110
lemnatory of the new system. (Hsu.) to refer to on moo at
that, with the imposition of the income sition laughter.) I
a simultaneous relaxation ia the prime• surprise the dims, roe
vial system, which, before the period he our finances. II is hu
elapsed, would produce benefits whirl *" sheets of all the indu
1 from their difficulties. Where wets has agtonished a• is
..)
ce Where were the profits which they and mercantile m
erquen of the abrogation ot a sing insteed of attempt
le y
r.) Where was the 100,000,0301. whiek
evidence of late Secrmary of the Beard keeping the expendi
the Import Duties Committee, sad he seems to have but
454 of the legislation of the then receipts equal to an i
I must say that 1 ha
crown, they were to receive from
the defalcation of wit
he corn laws ? (Hear, hear) Sins
of the income tax had been take, alluded
which the ne
.hrance of a great fine in addition. (Rear, alluded to. I
ficiency had been amplitiod into MIME but Ido not bell ve
Where was the 25,000,0e01. which the Minister in this hen
4.1. for Bolton proposal ? it was not to be chiefs to this cot u
idling in the pound had been received, What is that but
cries of " No," toll
pay a chilling in the pow d. not only to
of the country, but to maintain isinde. is that but • threat
(Renewed cries if
equence of this now economical policy.
to hear these tie
e what the principle of the income tax
it wto be Perpetual. The right the repeeeenta eve
as
man, the Chancellor of the Exchequer, disclaiming any se
unmated that it was The noble noble lord's suer ch.
id of the government ought to speak that we have t d
that point, because it was one of the cannot be too
'stances of the income tux that, while one me ask, what is th
Where is the in, rice
;al to that house, for its imposition, LP
at of the house. The right hon. hart. (the hostilities deecremel
worth) told the house, with his ammo We were told, m t
lity, that the income tax was a at amity with me
ice for great national p
si,ees; bat, we asked this ores
iarliament was prorogue a letter convey the tru'
tree
?
he ',erne minister, cautainieg a rem night convey
totally discordant and vaulty different; danger to con c
inert up to that moment unexplained, sad against us ? e
icable. (Cheers.) If a mejority of that begin is said that the F
additional tax would continue* for oily (Hear, hear.) Y
sembly was composed, he woul not say of the house I shall
terials—(laughter)bt was one to ekes in the French
Mister might appe with more confidelie British navy have
er exiited. Was it more likely that the increase of the
take it off than the right hon. gentthe the noble lord ai
e lord, with regard to the relation in whidi was double the si
col towards other countr expressed a then going to in
in
to an opinion that there was no roe strength of Or rs
of Europe being dirurbed ; vet the noble alarmed at the id
re to propose a war vote. (Hear, hest.) are the people m
relaree that the armaments of England them better pt
sin that sorry plieht that they were repro present in this h
in that they had been iecreased; sad all tuency in the e
tinsn the vigllance of Nestor of final* of people—an, I
s were so, where were all the advantage. town in the ‘k
element, which wao to produce cheap go not been h. d
Auction in the military esteblishments at protection, or 1
'he army was cut dewn, awl the envy oat and militate
tine spiked, but after the hubbub wee over, there are the r
, a reaction took place—you mile reformers) to say that nc n
trews were gulled, and the armaments of the e ment that th, v
ncreased while ynu were looking on. So posed to you. p
my, and for attempting. to produce effeete these facts w, h
forth to kir
to be known were impossible. But it .
address. An
of petty criticism had mimed away, and that • let me ask at w
nurser tolerate that gentlemen ehould get e? (Great cheer eg
niteble perseverance, which he always sal at any time t
n member for Montrose, mo )ified as it sem me for sayim t
hat was charming—(laughter) —and critic* tify such a i.ro
government with respect to the expenditure heard to-nig)
A new era was at hand. Armaments proposal. rte
or be required—ships no longer *tensile- patted cheer
cents would be as obsolete 10 the Rama arm the cow tr
se there was • new principle of mum It is true' b
ion throughout the world—the Milir in 1792, and at
on dreamed of and anticipated in end had had th, i
e was at length arrive). It appeared, hew' and the that, tic
new principle, which inflicted 5 per cent he we have now,
them, was a costly compen.atien as a plunged us i.,1
rs of perpetual Reece. (Leughter ander:al aristocracy and
that new principle he had never spoken the arist,ocr.,ey
.in that house, and be ventured to admire the debt vh
he was not supported by prme minutes calling on u . t
But the principle now promound, d by the How differr .t
'or the West Riding (Mr. Cobden) was not se France has a.,
at cell, r principle which he promulgated— five she now h
of buying in the cheaper mathme end selling orders—no ,
This principle, which was not new to the position)-1
1— it was not eonfin, (I to enthwiasu or and she has
tubs, or solitary monks—Mt it had before tivehnsFral ce
cd men of action as it had influenced the Ministm
sad been considered in cabinets and public st• the dangers w
be need not remind the house of what had been ferred to Mr.
'suite of those aspirations. A century ends best proof
nee it influenced public councils, and they had required, at d
period the bloodiest war that ever elated. We are tole t
Pierre's argument was, that Europe wit there is a eu
in, and that none of the mates which met how very n
l have an interest in going to war, because war of France
o their interests. It was, therefore, Deemer, matter. h
leer should disband its army; hut when it was atinacyor t e
' Supposing any power did not consent to the men bad b.
he replied, that it was incumbent on the others
one peaceable principles of which he was*
*tor. (Laughter.) So that it
alt
hav
oeseMd ha
the essential element of his roc
rirteSrrte, Pierree
.ht
it t
uwi
dut ws
ttheo not
gfallacy.o teto war,
interest f
rt , e
‘ohvfount
those
au I 1 e..
oat• probs
probabilityHepiwe
dieritbdomu.eilt
nity
ep
powers that were satisfied, hut, as in society! you are nis
of
ribl
tm•k
was created by an individual, who did not
such ca' r
et petition which he thoueht his talents entitled
nil cries of "hear, hear" from the monsterial that we or .if
o was war always produced by nations, Wei, or (Repeated
agitated fora
forcircumstances,position.a
1. The hon. gentleman took an may view of the that isonstot
rot; and he bad a right to do so, because he ban (Mr. war,.
rhere well received. He (Mr. Disraeli) Inn
.
the continent did a great deal for him, because ways and
reception, though perhaps be might be air... *lrthamthawineYi
.t deal for the continent. (Protectionist cheers)
aT otor. reasonw . ion. favoursop!t
t•
experience i
t thine that the argument derived from is- reply, pert,
mercial intercourse was a sound one. Look-
1777m,Inwerlihelan "Mlart.ionsEdewnhicwhaselisseted with
nt luelh7o re. nulosinwPs:'ol
a treaty he was not sir red that Mr. Pitt sheuia all be caw
141 in the expectations to which the noble lord