The British Press; or, Morning Literary Advertiser.
London, England, 1819-02-09 00:00:00

monisy should find tileir way into attn. Fle lal
the greatest confidence in the means and etorgies of
the country, Roil was fully of minium, that wadi a
CA itlid, plain, 141111 open dealing srstrin of finance,
her difficulties would he !Willi pin 11110 11 trail) of fair
adjuatment. lint lie aas Hp' illy cerium, that if the
C ancellor of the Exchequer w. ni on with Ins sclieine
of borrowing money to rltiNr the I.llll(b,and creating
an over quantity of paper to LTlve an spite:waiter Of
temporary prielperity. the sulieine must soon have
au end. There was this year all excrss 4•I over two
ruillitrous and it half, but it W 11• ileee,olry to hairow
etrial to twelve millions to meet the Sn,kiug Fund,
soil give it fair play. It was kiln' that Ministers
timst borrow Exchequer Bills to pity off
what they borrowed three years ago. To the conti.
nuance of such a system he would offer the strongest
opposition of which hr was caprble.—((fear, hear.)
Air. linoTti ERO7. wits of opinion that the financial
system of the country should undergo revision and
ai•eration. The commercial system of the country
had of late years sustained a great alteration—m-
stead of being, as heretofore, steady and cautious,
it let ut a 'lumber of hold and adventurous specu-
lations, from the highest to the lowest. [low far
these speculations were directly induced by the faci-
lity of credit which the paper circulatiou %Binder',
he would not noidertoke at once to say, but it cer-
tainly had a tendency to bring about the evil of
which so many complained. Ile almost shuddered
at the future consequences of persevering io the
present system of finance. Ile perfectly agreed
with the lion. Member who spoke last, that the
energies of the country were flint and strong, slid
would work on to the liquidation of its debt, tinder
the fostering hand of peace, unless injured and
checked by the course of au improper financial
system__ _ . _

Mr. MACDONALD said. that after the incompar-
able speech of his Right Hon. Friend, little re-
mained for any body else to say iu reprobat of
the financial schemes of Ministers. But•the Right
lion. Gentleman opposite (the Chancellor of the
Exchequer) had charged him with being the vi-
gorous friend of taxatiou. If he had said the vi-
gorous friend of reduction, then indeed the.ttight
Hou. Gentleman would have said what was right—
/lear, hear)—but he rather thought he would
nit then avow his anxiety to concur with him.
The Finance Committee had certainly not done
nothing, but they had not dour what the public
had a right to expect from their (:'hours and the
scope of their inquiry. They should have looked
closely at the expenses of collecting the revenue,
where it has been said a saving little short of two
millions might be effected. To appoint a Coin-
'suttee merely to echo back the sentiments of Mi-
nisters, was, instead of being an advantage, a public
detriment.—/Hour.)
Mr. HART DAVIS admitted the operation of the
difference lir the interest of motley upon the com-
merce of the country, and defended the labours
of the last Committee.

The 111011111 for the appointment of a Finance
Committee was then agreed to, aild the. Members
*hose name+ we have already mentioned were or-
dered to compose it.