The British Press; or, Morning Literary Advertiser.
London, England, 1822-02-12 00:00:00

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•ilth the NAM.. Lord oppntlte sepriALle, must of them
stemts dt.141.11/1 iv hear any vioolvey *kirk could be offered
Twr ool.at evvol.i not It. joatulle.l, and some of them partners
la ollicr. and sharing w t 1... grin. of .the system with
tots illeuiselves—so 11141 he took tire si•lieors,vtio of that
Committee se rovrocrions; mintioisiont relowtsoily Reed
t those, all 'whose iuteresta and rossioul would oppose
thr"' r•"Y "flirt, W.I.
.....o,4l.earitgliParliekl.9 eXVCW.
i! tore . Mow Is wag a timinevltable far; Ono nrite trati4-
‘413, sad iter•orleu.ses• whielo these largesse's Mal beet)
•pplicil to the public service. The Use. soul Learreedliimet,
lite« tittided••••••••MA.em.=

tee ot 1817, staling that they had learned that in whatever
Amu Idioms •.11.1 repairs had been tinilivtiakeil or tate is led at hew
hod abroad, the nubile had bees, 111 ey little protected legalese
one e in the irli.sree requited for the saute—that sometimes
they had been commenced without any general plan buying
Imes made out pc. *mealy. and ainueormes on the rteuse-
tnes.larm.ir. or reports of anlitury offirent. Nu clove ON
eltirneszistice, said Mr. Pruagh.ini, ON general estimate *Os'
• milted and scruiiiimerlbeforeleand—hut sit expense adep4r
hoe itself to the opeotog
.viewo, soot of the 4auvertintapis
ot of the I'veliamero, but of toe disiumffestrd minis of
the very 'reroute e:larged with the ciec•tiost of the works,
mud desiring the greatest prtvale advantaxe horn their (Ter,-
Voir, Mid the magnitude of Hine chile.—(Hear, hear ) - He
fiveu instanced so CUlettll:SelliiON of SINS uporion the mode of
erecting the lines at Chatham and the fortresses at Colon'.
tar. Thi• .1/dente:it coiling Troia that Votutnittec was a
more spiking, awful lemma of warning to the house Mau
tf a man spoke fur half a century, areeed with the powers of
no morel. Here were the •ppiouteen nod frimsda of the
Vintsters thrmoives recording their open.n of the little
attention to economy, ofahe 1111141 Staid of pleeriution
in this branch of the outgoings of the Stale, coriong
back and migniatiming the system waidr hail hero perm•
vnced Is, fir a quarter of a oratory f. mid from the obule of
their deetaratiou the linage was to.d.aw tins siractical in.
ferrence—bemme how rat. persist Ws the ronme which has
kieeo heretofore s;.iMurol! IT the whole .spies calculated to
be required fur ally of obese smoke bad tWoire .p.eviously sob-
milted to the House, it vomlil bane lied ap upportuoil_y of
going tutu the exvinioation of three Important putehy:
First, as to the aceurity to be afiitirerl iv
them work, in frontal: second, Wbeibei tlipaillettirr
works its question were of the nature tbey proteestell to be :
thirdly, As to the value ter ohjeetscippluireir wig' the
r:usotiiy of moue, they coat, and lathe eg,rota Aio,e4otrivatitits'
the prolishility of their ever ht.s% bWinibl 11410.8.411
e•gilellet of any glaciation attic enemy. The eiatersa hthlXs& '
the effect of keeping the House in %vtsl tiomeararreistiftimtmal
charge of these works, sod is sotroeliVitifers in iiecepotof
it bad not been kept vim. as Hoe 111;trd,sif Otaltosoce.to
Alt. 11rue:bison then proceeded ike cite.frofq thenteaftrotew
ea., wherein the Committee .;pre theta chielicsber
a is; &retire, of the carrot soy ought In he reeled neen•Oh.olt 167.
f mtificationa raised by art, as on the parrielhor and Nose of
the people. Tim remit of all the atateinenta of Me Committee
on this Lead he contend: d was, " these worts ;cocci:dirt on
r• *moire principle none Such ought to have bees allowed,
but if any were, they ought not to have been of this kind;
site. trieojSle Nas.bad, but the execution worse;' suit
came the wattling: "If you, the House of Coromotor,
hod done your dirty, if at the time these buthloigi were
prommed, you had insisted on aretag the esteroatra b. foie
*olio( the money of the people, .as men of prudence,
as mew of houtsty would have &of; then never would the
public money have been wasted to such en extent." For tow,
es the authority of the Committnet be might use that lam.
Armee. The mew taken from the pockets of the people dar-
ing the three years he had alreadymeatiooed, almost dried
imagination. When Mr. Pitt established the fiinkiug Food,
the national debt was only two hundred and forty mitl.ons, or
*ore correctly, two hundred mod thirty-eight ; so that the
tomer of the country during those yeata was au vast, that
'With it low could pay off the o hole of the 'immoral di hi at the
esmovescemeht of the rear with France.—Peace came oirhap.
pity. Hr meant to contend au, inasmuch as it came without
le lusting its imam' concomitant, a reduction of (elation.
Peace came after the country was utterly exhausted—after it
wee drained of its tesources—after such MI unusual, auth au
earintioal quantity of expenditure as baffled all eaplanation
as to its course and results—after a monstrous derangement
stir sea currency, a large chapter which he did not yet touch.
After this period of war closed, it was moat naturally to be
**peeled that the hydrae of the country would be lightened;
bet it was astouislitnis, when they came a the Finance Re-
turns, hose little change was made is, this respect. In treat.
tag this part of ibe subject, be begged the House to recol-
lect that he did not now take into consideration the effect of
the change in owe currency. The whole 'barge fur the last
year, the sixth year of pence, was about seventy-five mil.
lions; that of the yeor 1806, when we were in the midst of
war, was seventy-Moe millions and a half, being a relief of
only four orillious and a half. If we compared it with 'that
of 1894, the second year of war, moll usually the most en-
prosier, we would find it wily severity-six millions, so
that the expenditure of the lag year was but one
ma-
lion les* Ohm at that period, eertaiuly the country
pewee was ill such circumstances before. After some oh-
embetious on the revenue of 'hie year, which escaped
oar atterliou, be observed that the increase nu the revenue
vf Ireland fur this year, held out by no messes so flatter-
ing a prospect as the Right Honourable Gentleman seemed
so shish. If we compared it wills the year 1820, it shooed arise
of about 500,0001. but then it was 500,0001.1ns this in 11400.
The revenue fur 1818, was four reillierne and a half; for 11121),
three millions and a half; and a 'Victim, above four milhuus
fur 1821. Adding the expenses of collecting and managing the
revenue—('` And of protecting," observed the Chancellor of
Eachequer)—tee, certainly,and of protecting the revenue.
The revenue this year was one mullion enure (supposing the
en- reney reactly the sane) than in 11406, and the reecho.
of the last year steady the same es in 1806. Su that in the
mmli year of peace we were reduced to the necessity of allow.
tog that there wits draioedfrom the pockets of the impoverish-
rd people more than was drawn from then, during the secured,
Hard, or fourtlayear of the • sr. This calculation, ii needed nut
'ao he ea/led • catiulition, it was a plait' fact, in no degree
depended on the currency, and 'he entreated the altruism'
of the House to that most important consideration. It was
• gross absurdity in argument, and a gross iirjastice to speak
of brimming back she currency to what it was in 1797 ; more
properly it shoold be said, aldit we might
departed from the original standard. The depreciation 'did
rot begin to be perceived for the first two or three years. It
oar only lii the year 1800 that it as plainly_ perceptible,
aid that• the effect of it on our morreacy, our exclurogr
dad our commerce, could be distinctly calculated. He
stioul.f not auvatece any celestial'', whist, was mot eon-
. Jimrsed by Hie authority of the two inliton Committees. In
;$llO tie Idiot mice of gold was 31. 18.. or soar. •ccuiately
.."11L Ifl l. per ounce. The market price was if. bs. which
Mlthied a depreciation of sloe per cent. Ruinous these de.
"priefittioas were; these last were so Omit in tore year sa so
'llierount to 30 per Cent. He said this, notwithstanding it
Mae iii she presence of lbe•Chancellor of the Exchequer,
also prevailed upon the House in 1811, to vote that a Rank
'nate was boa leas valuable limo sham it ever was, and that
'gold bad the same mistime to paper as at any time. H.
Mimi stating now otai no well regulating government ever
permitted to animist for one year, hut which some of us
lout a pride ill 'keeping up fur ten or eleven yeas. In the
pats 11111 and lift, the Inmate' price of gold •as4f. 19.. 21d.
midair', teethe average of the whole two year's, a &permit.
tints of 27 in Illeefiuudeed. Is Mae years the revenue was
711;590,000/ and if we worb to ascertain boa much I hat sum
ainnuisted to in. reel merlin' gold, fur she purpose of
neeertareing what .111 e people really paid, accordiog so
a certain smatters'. fur the 'impose of comparing thm•
Owls what they realty paM its Hie year 1821, it was uecee.'l
eery to diminish it in proportion of 'noisy-seven aud•
• half to oue hundred, sod to deduct so that extent
'them the whole. The result would sheer !bat is 1811.
or 1812, the people actually paid lers by seven or eight
mill than iu the last year. The autos to mow paying its
pounds, shilling., said pence, on an average between seven.
.and eight millions more than in ibe years 1611 and 1812.
'For his a.gumeus it would serve to take gold much cheaper,
awl aupposiug the market price of it to be 41. 19e.
that would induce a depreciation of 17 per caul. ; and the '
eveenty-three and a half millions beteg reduced in that ratio, I
wewuuhi sow have lo pay one million more of rroverelgue '
ter guinea • thee Ip those year* of the car. He ass cut
row 'penal of the lightest year of the war; on the cue. '
tray, during that he bad pitched upon, war was room
-Tower Nay pact Of ILairope ; the elitists Hass coital': them