The British Press; or, Morning Literary Advertiser.
London, England, 1822-03-13 00:00:00

LONLiOi4, **Abliiitelate MAROg 13, 1822.

lid* he set at rest' ai to *lf equitible legilitrof
dilegting the meitiare. fteEreiold come whir to the
Made of calling upon' pas '4ft to stelae their due.
#o4,t, end it they did udt signify such dissent they
Weil to be cotteidered as 'omitting! This tpiestion
dill'it be corisideredin two POillio of view : ririst,
alt's it'egitilibte ; and seetiiith, was it eipeilient.
rid' it wife equitable he hid nn doubt. &erre'
iambi:Wei might he found of thelike nature ors the
Ststute Mot. Previous to the ConSitlidetitin Net
their Lordships kiwi, that particular r.wa were op-
propriated to the dischatge of paiticular pams of
the debt. That Att, if it did mit reduce, effected
an electrifies' in the security, mid might have had
sin effect on the value of i1,..05, some of the politic
ceediton hod a I,rn on Nods which might' .be con.
reived • better security thin Otheii, pt on.that
occlusion the principle of diaieitt w 4 acted upon.
The eh thing occurred in IllOwitsg.the'Act refs..
041'01 dlir litgiiiiteities, itaCifie nagett iirliteiPle
Wit idapti tholigh itt,gbei 94 iLmoght hoie
been' a qiiiiitioa whether t Istrageurry sliteitied was
as good as the one given ep. Hut Wheie
every individual attiog for himself could have
TM difficulty ire making hit election, he thought
. 0
teen- a shorter petted than that •lowed by the Bill
witilltt have been'enfficient. Theiaceniessience and
length of thee that it's:Mild take for 70,000 poisons
to signify' their aWent was sufficiently obvious.? tied
dieting that trine sfockjobbing and ipecelatiop
wbuldtave the wideit,fieldthat couldthectinceive
Ile had rioryet feretulinly person who did no; agiew
that stifficieist tinte'being given to fowe a jedgarient,,
the shortest period iitiwticable was the beet. Re
now dam! tie the 'abject of the foreign policy. oldie
Country. lire hid lest Mgt& stated, in answeir'to
a Nkibte Lord; addle would now distinctly repeat
What hel,sil itieffAildi he knew of no alterations to
the alEsirs of EiissPle •whisl would inilticelint to
advise his' Majesty otherwise than to say now die
same thing as on the opening the Session of Perlis..
meld. But he would not rest there I he had no
hesitation' in saing; that if aifi gegoeistione weie
going ots whieb ware likely th hal to a war in
which this Coentef would beedgegedy this were •
proceedin'g not proper to be adopted. Without .
prephecying evil, or holding out any minectatios of
What might heOpeu in out year, se even in mix
months, but confining Wessel, to the preeent time,
he Would say that he never Ittieein' Jitnied mace 18111
when there wait se lade likelihoefef thii country
'being involved in leistilities. Any disturbance of
the peace of Europe, at whatever point, must be
ierteveshog to tits cattail, beelike wheat hontllrties
Isom began, it wors'impoetiblet6 say vithere.or *hell
:they who'd terminate. But if this measure were not
liar undertakeh, kr wallet aloes to know when it could
be gone into; firetheiegh he meant* torso, that cir-
iestmtirmica might at aces, toolfect minty secq-
- radicle; yet in a politicit' piiiit elf view iterliotik sM
44 --Pined attire' fiiireetialile duiiithilpiii... 'rime
measure' war to effect a saving of 1.300,000 L • yeti,
. without a violation of any engsgensent, mid wetrunee
which every Minister had estielently been lookhlirto
as a meets of allevieriat the butdens- of ttie ptisple.
He had the wariest-non also to slate, that tint" in.
crease of the reitime which hid been sunouneed in
the Speech lieu) the Throne, bad gone on, and erns
ins state of progressive tuerease. The measure pea.
posed weir one of tilt' gteutest advantage to the pa'b.
• he, though .tintfouthetlty attended with some sacri-
Ikea to individuals; but he believed that it was
. highly satisfectory le the public at large, sod per-
. ticularly to the Interest connected with the Inside.
•Notwithstendifig the abortive atleMpts ' whh:ll half
'been matte to eirite a feeling against it, it wee seen
'le' he• Measure which could be adopted with good
!faith, and was one pbich the exigencies of the
country fairly called fur. Under these circa*.
'stances he trusted dietsoLuitiships would rood the
'MN a second time..
The LORD LilawcaLLosseid, in consequence of
the intimaters given by • Noble Earl has night,
that he should call for the opinion of the person on
their Lordihips' Woiliack, he was induced to rise
thus early. His opining was, that this part of the
debt was redeemable by law • he did riot meow by
laws to be enacted, hut by the km as it stood at pre-
sent. Although lie had ',Veto- respect for the' inti-
mation given by the Noble Esrl last night, yet be
had a still higher motive fur declaring his opiaion
early. It was his dusty, hod he thought the koi
doubt well fountledkto hive put • stop, us much as
an individual 'conic); Wail thither proceeding on the
Bill ; but be most filirly• state to their Lordships
that it was a greet surprise to him that any doubt
should prevail upon the Act of Parliament ; he
•heliered that no- twin voter-twined the doubt till
very lately, which war proved by the fact al-
' laded to by the'Noble. Earl who had just set down,
'that every perserilad been acting nu the support.
Inns that the stock was redeemable, or when the three
per cents. were at 78 the tire per cent.. wool(' hate
been consideeddt higherthan they were. Another
&runlet:intik' lib ' wohlit notice: iii the Court of
' Chasicery iliiy titre so much in the habit of rconsi-
,,cletitig the Slier cents. as likely to be reduced, that
•ifthere war any looney standing in it (she property
of weeds of that ersisti), trulAs it was specifically
Heed by the testator; they always took the liberty
or conreriiegtilem into 3 per cents. in order to put
the property its estate not likely to be altered. He
had understood flintiest light a moon far whom,
though not persomittl ecquiloted. le edtiettaittid
the'lngfiese retired, had doubts, because'theyeSi's
notice wait not given to the holders of 3 per rest'.
It appeared to bin that holders of the 3 per cents.
might be paid off, the individuals might waive the
coorlitious. The holders of S per cents, might cry,
" You hove not given the notice to the holders of the
3 per cents., and by that omission we have not lad
eufficieut. ',once ;" but he could not find in any
ipart of the 24th dew. 111. that they were entitled to
such notice. The eoudittort was, that they'shotild
I not be paid off till twenty-five :Milian. of the pliblic
debt wire uncharged, and if • year or any other
uotiip were required, it would have heed mentioned
iuthe Act. Itut if the holders of .3 per °tett, Nolte
their right, what had the bolder, of 5 per cents. to

do wilt i t..,16'' t 1 It then conies to the question, hove
iltilletifillioes bees paid off, where. 26 gailltogs lief'
'bein pond. and SO millions been borrowed t He
would admit that there wits a great deal of difficulty
. ~ •
in Dist argument. though it was inconceivable that
the Le'giolature could overlook the extremely Poo-
rible case that debt Might be paid with one hand
and crested with die other.. If he were obliged to
.prououtice sit opinion, he eltoold as, that the coodiw
thin had been performed. Of this he was quite saris
that persons dealing in the money 'betties so wader-
Mood it —(He. sr. heir, heal—red the understand.
jog
of one party to a contract was, pro loofa, evidence
of time understandtn: of the other. Oil the questions
of or dingle', or our foreign paltry, he would
not trouble their Lordships with a Niggle word; and
concluded by egoist assuring the Noble Earl (Grey)
that unless he was extremely mistaken in his own
motives, nothing but respect for the intidistion
Arrest by that Noble Earl could have induced him to
Jtoest.cleinted the attention of the Howse at that
pe'ri'od of the debate.
Earl GaRT said, the Nolde Earl (LiverpOnl) et
Iliteepostionee d his speech bad alluded .so abortive at-
4Wititt, me 00 . Grey), keen of none.-{Lori Liverpool,
menla"ha Sables maids " Not herd')—be di.claimed &oust- '
litiiit. to niche soy feeNitc against 'the meriure, the only '
*Matt was to satellite Hawse that 'lsis whlitt would fill at
ha aboreetee if without duo toesiderailoa they proceeded to
peal • meaumetiof this more with haste, um called ter by lei
•117 ha.rmari_ llt•_. Heretented bits thinks to ski Noble mad
Leashed imed ea Ho Woolsack for the piss which be had
*keit. sii &Wiwi/ tbe'llooblelrhich be (Earl Grey) bad ex-
petribe'd . Mht Amid* ; - bat he'laisit sty, Shit ' pot witbetaed-
lachis rs4set for the very high ablisoritY of the Noble mad
lialle**4 Lad, sod netwisheseadiag, he bad so wish to oh.
onset * eseentre, but, se the coonsiy, wishing it Might he
siecesidul, yet it was hie duty, aa • Member a that aserensly,
If be cistertelised say &ibis, to ask theft Lordships ,fee
that ter ebeeitlerailob, and so give slam also far be iodied.
riests"whisof Werra. were at abbe, toelefeod theta, If *eta&
wry, alLebbirber. He would come wow to dieing diaewity.
,He Longwell the Nubile Earl opposite bid ewes &eleven
!must of the ganger is which the lee per,sseet. stork bed
bees created. It was agreed thit it was redeemable, bin's*
till nib WINO, of tie dub* aad four per cent. steal bad
be. pelt et. The qtaninels this was simply thlir; Maw
the tb million belle so paid sea disclaim:el as to jag*
their Lordships to demean of the holders to give op their
stuck, if they should deem it accessory, for the public is-
tercet? The Noble and Loosed Lord /meld admit dint
it most be- • Reid fife sad sot a coastruethre payiliall.
Tbb MAHON, iniurdfy sunested itself to the Noble tin
Learned Lard, that if twenty-ewe' millions were its.
01141011114 by the stoking food, yet • greaser debt Whig
centrieled, would that eolith pop to redeem the neck?
Ti. Nubia and Leirued Lord Isisoiliiiibst Hate
annetit of Meek had been Ilea' • Thla
winelketed hi two ways—Pine, thli" ef she
slakieg ford; antistrasodly; se ossabof the thee* per evera
that were extingenbed by the ale of tbe lasi ten. at
(liarl Grey)
.w old shortly gander. the?! two pp)els.
.174.0 the slaking road Ised,operned dursisgpee whole of
tin'ffreitett'veak yet the Mir wig iscreeted. He Would put
Ibis Asa UMW Noble toed Entitled Lord t Sappeoe' sit bin
(Earl arils) estate tame was se seeseabouses weaved bly
f dattriPate 414.4100L0ked be wish,/ itaborrow NMI. Imam
the same warily; lia applied Soo remote An Shot rah**
who was willing to feed him, bat imitated that be till pit
• lie'pei d oiti tilfs,oool.ofi he firm mongage Aid bees d l'ingeel.
1 solosnYis lee., end then bye *hit of arta motametio, he,
• OffeeloGrey) lodine that ii. weld slush' mouey at a' Mohr
follarall, herrows 10,0001. at 4 per cast pays off 6,8001. of tate
, first mortgage, and thee tells the weed mungsgree, either
14Se your weary or rase, the iuterest to 4 pet teal.
ouhr ilk' Noble aid Learned Lord be prepared to my
'fill the Colk where he presided that the (*edition was
.1•11111bd ? AS heat be would take tear foe eisitaiderethro,
et lend he would have reed the papers ; bht herr, as the
. Bill was sot primed till last eight, he (Earl Grey) had pet
beta able to do that, sod all that be SU. athed 4 their
' tolethlkie'si the part of the public was, that. thil Ailed
' hterlitle 10 cobaldier the ease well so all its beadrga.—
•He Helsel* there were cousWeesMe doubt is the sib-
„job, sad .was tither surprised to hear the Noble odd
i Leitrim; refer to public opine. It . was out ire ;be;
oploloa the shock-holden thetsiselem, but us the testa. pf, ,
' the min slat die Hods. meat decide. N;;W with tastetal
ti med
, *die kiln lex, be (Earl Grey) WO do'obtaratoriber this .1.
• Motet oileestinetive fulfilment of the eagigenest. OW
. pimp* posfbarlogi the land talc rumpled themselves flab
affporsoodo Its Asters; but were the rotate !nudes, 'edema
bI is? He coafeseud be thought this sot a real but • emi•
shuttle folilaiest of the eugagement. Coming Bow le-
Hsi An- a tilth Charge 11. which die Noble bill Leuven.
Long sad A. Noble Rail (Liverpool) thought had no beano'
ow tits wetter of the 6 per ceiths4 bet be thought that
the do of Mb George 111. referred to the 24th Grasp 11.
and that prescribed a year's solace to be advertised in the
toisifon Oemffe. Till those condom,. were foltillitd, the
debt alleluia not be considered as ykid off andattiiihilated.
This mine a else for the grove coanderstion of Parliament,
• sod all that be requested was time. He int rely doubtful
,of his owe jedgmeot after the positive epitome of the Nub e
sod Learned Lard; but, as
.• seembcr pf that House, he
was' utit'prepirest to trey that the right of the public was so.
' deer am to enable bins to pass she measure without further
thee roe consideration. The Noble Earl (liverpeof) end
Then were shoodatice of 'Parliamentary precedents for sloi
assure; but be (Earl Grey) thought it would have heels
well if he had looked to the precedent most is point,
that of Mr. Pelltant's Act for reducing the foot per cent..
Bat he would ask the Noble Et)) if these wits any
precedeot where, fur the tepee of the poblie, -at
woo thought more desirable so require the dissent ra-
ther than the moral this was accompanied by say I••••Itre
altering the ponies' isserest to themock which they yomelwed ?
—(Hear, bear)—He desired td lummir if the •ouseric.al order
prolong off was Intended as a thiest or an inducement ? la
either ruse it was an wiliest petichedisrg, and unworthy the
kliaister of a greet rousse', sell own which the Moose ought
out its siiartion. There °saki be se right to plum the
holders of the stock either in • better or worse *nowise.
Would sot the r ffct of this be to make a change in the salue
of stock ? If ibe holder, %fief 'exp.essing dissent, wished
to dispose of his 'Hitt, he wilfatd sell ow worse terms thin
he who made ha election tater. This was meat memos,
an 4 towed of the name of dexterity, deserved an epithet
which he phould be sorry to apply•tri say measure of rasher
House of Parliament. Dexterity was not it praise. (ur
the Minister of a Crest country ; plain dealsom open.
waif, tar even slittplitity,' were his proper criarictecist tea.
This dexterity, like the maulteement of the palletised pen.
soot, was very likely whintasoly to recoil upon thief; sod
4 he thought tbe.Cheaceilor lef the Exchequer sniefitAind, at
the Stock Exchange same rellllllWell, though diffmise to re-
ligiosis principles, yet more perfect than himself at she
wrier of dexterity. If she country were in the prosperous
stave described by the Noble Nark Radnor but adroorlige
"told result from delay. The Noble Lord. NMI tallied
es( prephns of evil ; how far the Noble Barre prophe-
cies had been fulfilled be would got say, but, if sup mass
of the most gloomy imagisiation bad •predicsrt hat after
'the Minister, had gained every thine vdrith 'dui 'bed
•beea rootsodsag for to foreign war, and afire seven rant of
react the annoy sbnauld bis in the mate of weeeiliedoeso wad
misery chick it nowstas—if share bad beeoforod • ansiu t•
' • *taw such • prediction, bow moastres it it void have lia e
'thought! Ni 'me was yore ' faros i able to't pi.as r. fel paltry
f ass he (Earl Grey) war; yet when be looked so Evrope—ia