The British Press; or, Morning Literary Advertiser.
London, England, 1822-05-04 00:00:00

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Stature generations ; now they came to borrow the price of stocks, by keeping up the opinion floot ,
money to enable them to charge posterity Aith • the sinking fund• was sacred. That object, how-
pertiou of the debt they were bound to pay them- : ever, having been 'Gard, the Chancellor of the
selves. How were these propesitiuns to be town- Exchequer yielded to the genteel desire of the
filed ? Besides, what contractor could * found to woantry, affected to be convinced by their aegis_
forego the use of his property for sixteen years be- metes, and now came downy/ids • motion of his owls
fete a single shilling would return to hint ; and if der a reduction of mess. The gout of 2.200,0001.
such a one could be found, mast not the public lose was not much, it was true, but it was no had begiu. •
ell that he would gain t He thought much more eiirg for the Right Honourable Gentleman, and
adrissible to trest with the Commissioners of the he hoped to derive considerable Geier advantage
Sinking Fund for the payment of this contract, from that nest-egg. The question, however, was, hoe
who would lay out the money to more advantage Net redaction could be moat economicallyeffected,
MI it than in working the money at compound end whether it would not he much more so by
111hterest. lie concluded by moving an anieudinent taking the animate ut mice from the snaking thud,
which ;would 'eve the Resolution thus;.. i than be the phin which the 'tight flonourable
h That It is the epiehet of this Committee that the Cos. Gentleman proposed. The Honourable Member
ralbeiaaata of his mosirity'es Treasury should va•trart with he 'London (Mr. I'. Wilson) defended the plait,
iter roisamissioaers for the Iteilesoptiou of the National Debt on the ground of the high tate of the stocks. and
ter des ores which say be required."
Mr. Climes thought the Noble Marquis was the possible chaise, of a war and other etteititgen-
cies ; and he would insure by this plan a prime-
doing a great benefit to the country by adhering
so the original principle of the Pinking fund, which bent keeping up of the stocks to their present
wee got that it should be limited to any particular price, fur the purpose of enabling the Governmeut
aura, but that it should carry with it the benefit of to raise on advantageous terms any loan which
the accuinuheing interest. The proposition of citcumstaiices might renier it necespery to 'argo-
t* preseitt Plan appeared to him to be as pieta seism. Res if that were an 'advantage, why was it
isoisi simple as any thing could be. The Ho- trot tarried farther ? For the some ressen it would
aaa,.bl Member foe Portarltngton (Mr. iticsrdn'i he advantageous to contract s loan ot present.--
mid it was en stuck on the sulkiest fund. He Stocks are high at those moment; suppose they were
woold admit that it operated against the principle I° imwr°w 4ttiooo,°ool. and apply 'hem Itri"1"11
of that fond—(Hear, hear) —inasmuch as for Use to any beneficial purposie, that of a sinking fond,
i4'er term of 45 yeses we shall not be in so Moue for instance—they would this hare all the allvan.
turtling • state sub regard to the debt. as we should boge of hissing raised a loan when the stocks were
if it erre I. f to it. ordinary coarse. But it Ned hies, which. on the reasoning of she Hun. Member,
7as far preferable to the chance of bring obliged to
en slang been urged from the other Ade that ins
make • loin when they might he lower. But
oninedtate reduction of taxation was oetessitry.
sod that the country was so oppressed tiott lad they no unfunded debt ? Steely they had, '
it could not go on without it. If that post- to the amount of $0,000.000/. Why did they
toot) were trite, as regarded the stite of the not fund it sore, since it could be done et such
country, it was most material to endeavour to an advantage ?—'To take the anemia of teem,
effect that relief ; awl if by this plan relief to the which it was proposed to reduce by the pre-
eatesst of 1,800,0001. could be given, if it would sent plan, at once from the siuking fund, would
yo to reduce the whole of the leather tee. and part be a mode of saving to themselves all the profit '
which the contractor, world take bona them. Who
etthe salt tax, and the house anal window tax,
'Only the country would be extremely obliged to were the parties that would be be off eft by this
the House for agreeiug to it.—(Hear.)—As to what plan I--Those persons who were now brine, and
ha heen said of the limited number of those who who• would have to pay taxes during the first
°PAOLI be disposed to embark hi the viweulation, sixteen years of its operation. And who were the
end the consequent necessity of offering an parties, that would suffer from the arrooternent ?
Those who should live mid have to pay eases after.
the affair, there was uo doubt et the fact that 'bete wards. It was a plan to borrow—to en sat borrow-
oere pantie' ready at that niorsent hamster into ing for sixteen years, and to pay whist was en bor. '
Ile cootroct without the smallest expectation of any rowed., with interest and premium afterwards.—
eutesoutinery prolit. (Hest; hear —The ouly difference between this
Ale.. eviesceinee thnnght th„iee, moo of the and all ordinary loans Will. that on 1111.3111101 they
proposition by the lion. Member for Aberdeen paid the interest from the commeirceinentoshereall
wee attieet. and that the trammel of relief which in this case the osyment of the interest Mae de.
isms.. Wended to produce to thecoestry coold be /erred ; they would pay no interest during the first
mornmeamemically brought about in the manner siltteeti years, but would have to ;lay all. both
whits -he proposed, and be should therefore sup- interest and principal, in the subsequent petted
port hit anseodment, of the term. Now what would be she effect of
. _,..,
Mr. J. MAIITIX SRA it appeared to him utterly totting the monist from the oinking fund ?-
1111116meible to reconcile with •aior notion of consist. Who were the parties that suffered by the *biking '
,„„,,,, the conduct of the Chancellor of the Ex. hied ?—Those who, were living mid paid the taxes
'tempter in . bringing forward the proposition now during the first interval of sixteen year*. Asid rho
before the House. which was in fact nothing more mere the persons that were relieved by the operation
ttmot a scheme for purchasing anuuitiee at au extra. of the sinking fund ?—Thiele who should live after-
',agent premium, while it was notorious that the Mardi. The Noble Loot (Londonderry) proposed
Mehl lion. Gentleman, under the power given that the sinking fund of 5.000,0001. should be left
him' by a former Act of Parlamenti, was at this very ' untouched, to go on accumulating at composuiel
time granting ansouitits on woos so low, that none interest, so that at the end of Ito years it would
of the annoity offices could compete with the Go• amount to 8,000,0001. During that period no taxes
vernnsent.—((lear.) were he remitted, that is to say. the interest of
Mr. ['meats° said, he believed they ell agreed that fund was not to be given to the public in the
online one point. that it was desirable to relieve the shape of relief from taxes ; but as the cad of the
ceuntry horn taxation as far as it could be done. ten years the interest of the 8,000,0001. was to be
/Tie subject for their inquiry therefore wee, what applied year after year to the reduction of taxes.
would be the mint ecooomical mode of obtaining Now the plan which he (Mr. Brougham) and his
that end. It had been sheen that the contract us.- MA. Friends propokid was, that the whole country
der catisideratioa, could not possibly be made on being under the pressure of calamity and disteers,
very arleentagemes terms; aid whatever bonus until it could better afford to sustain the ("harp
might be necessary to induce persons to come into thee it can at present, no such sinking fund shoed
Inc contract, would be so much fuss to the country, be kept up ; that is to say, that it should not be
Comparing she simians. of the country at the aid left to accumulate at coinpoud interest, but 'should
of 45 years, supposing the plan to be Wowed, he applied to the redactions (sleazes. until we could
with what that situation, would be it' the proposed afford to return to the principle of enaspouud into-
relief were given. by taking the alumna from the rest, and the legitimate operation of the sinking
*whim' rued, lie would assert that the country rued. But, it being admitted that • sinking fund
would be placed iii a better situation by taking must of necessity he kept up, what was the prefer.
K from the staking farad—(Hear, hear, hear)— able mode of derising benefit from its operation ?
rod the relief would be precisely the same. Which was the preferable sinking fond. that of the
lie confessed himself en enemy to all complicated Noble Lord, or that which lie (Mr. Brosoglootin) pro.
ecnemes, and whenever thew was • plaits sod direct Posed? He had already stated what the Noble Lord's
coarse that would lead to • desired object, be did sinking fund was. Their 1.1011 (that of Mr. IL rod
nut sec why a crooked pasts should be chosen. The his friends) was, that instead of leaving the sink:
plao of the Right Host. Getaileman was more stir- mg fund of 5,000,0001. to accumulate at coma
as pound interest. the simple interest being 250,000/.
esitems, hat led ultrnietely to the same thing,
in...direct takiog of (lie 2,400,000/. hum the souk- • year, should be applied in the reduction of
,rig rued, taxes to tied amount mnially. So that. at the
Mr. 'l'. WILSON said it was impossible for the end of len years. they would leave remitted tames
Hess Member for Portarlingtou (Mr. Ricardo) to to the amount of 2,500,000/. During the smith
quake its, calculations as to the difference of effect ten years, they would hare remitted a like amount
Of
(*leo plans on the situation of the country at no taxes also; so that their sinking Mud at the end
die end of 45 )•ears, sealers he could say what would of twenty years would have motive." 5,000,0001.
lee the price at which stock would be purchased of Faxes. That of the Noble Lord, commeate.
no
the mean time by the Commissioners for the re- , ing only with the reduction of 400,0001. at the
domino' of the Notional Debt, The breaking nut end of ten years, would, et the end of twenty
of • ear. .or any other occurrence that operated a i veers. have remitted 4,000,0001. of taxes only,
fall Wl* feuds, would greatly change the fete of The Noble Lord then sacrificed relief to the pre-
the contract. as in that case the contractors would sent ,generation, wholly ea far es regarded those
lose greatly by their undertaking. If the House who paid taxes in the first ten years, and partially,
oohed to support the finance_ of the country, and as tegurded those who would have to pay the motes,
these measures which would best lead to economy kin the second men years. The Noble Lord'a plea-
sed 'edictal' of taxation, it should be cautious of world overtake his (Mr. B.'s) about six years after-
moletiOg the principle of' the seakitig fund. He wards; and after that time—after the first 26 years,
looked forward to such a thing as a futeie
.the plan of the Noble Lord would relieve posterity
operation for the redoetion of the four per Sleets. to a greater extent shuts In., because his (Mr. B.'s).
which could not however be done without the would have applied itself partly to the relief of the
insintenanceof the .inking fund. He was as de- present time. That plan of the Noble Lord's re.
woos as others could be that the Country should soectiog the sinking fund was perfectly intelligible
ow relieved as much as possible from taw and coosioeut with itself: the Noble Lord sacrie
tom ; but lie was sore that Bey method of effecting ticed the relief of the present period to that of
ot which would trod to Juke the public credit, or the future generation. But how far was that coo.'
a loosen the public faith in the stability of the .instant with the plan now brought forward ?—(Hear,)
fondle would do snore barns to the country, mud It oat whr.lly opposed to it.—(Fiesr.)—lt was
to the agricultural ioterests ill particular. taking 2,200,000/. for the relief •uf the present,
Mr. Baouonan said, hr could see no way out- period, cud casting the burden on those who cents
of the dalenstua sit which the ebeervatiou of time afterward*. 16 years hence. By this plan we were.
Non. Member tor Tewkesbury (Mr. J. Martin) to pay 2.e00,0001. a year, during the whole term
placed the Chancellor of the Exchequer. At the of forty-tive years. That was less than we should'
browsing of the Seseiute when be (Mr. Brougham) otherwise have to pay in annual charge during
ord those out his side called night after night for the first sixteen years; then it because equal ;
.
a deduction of taxes, they were told it was tonpos. and utter that it would be • `teat deal • more
„Or. because the 1,,,,,,„e rate of taxation „ new than would otherwise have been to he pied.
eopeney. in noje, to keep up the ~,,knig haw. Coosermeetly It waive relief to the I'S years.
Rhode. t 16
Moe. hoeseier, they were told that they could re. purchased at the expense of an ethlitional burden
dlobee t,000,0001. of times; and that the former reit): 10 those that were to come oiler. ft was Snaking.
✓otswes way to answer a taelparary purpose, and that these who lived in the subsequent term pay more
redo the negoutsoion 'seas going meter the reduc- thou they otherwise 'mold, that we fur 16 years to
I. .anise A per ceistnie ere Pei:wary to keep op cause IMO joy lass, 'rboothe Noble Lord's two

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schemes went 'its aurn;dete etititradierren one to
the other.—(Haar, beer, hear.)—lle wished to
loot it to the House in another way. The que—
tion *is, IVlnst terms were they likely to have?
Li the first place,. the novelty o 4 the plan
'mild raise the market sgeiost it. In order to iii.
Gore men to take a species of b groin never heard of
before, they must be Indies{ by • hate booms, which
must be paid by the country. In the case of •
proposal for a loan in the ordinary Ivey. the mo-
nied man was ready fora trifling advantege to make
his advance.. because he knew that hie profit was to
begin almost immediately upon paying down his ma-
Hey. But it was quite stliffereitt case when a person
was only to begin to receive hi, peat, at the end of
sixteen years from Ihr COnCIUIIIOII of the coutrect.—
Ile entreated the [louse to consider whet must
follow. There was no &file:illy in treating for
a loan on ordmary occasions, because every one
knew how it monster!, that the profit began as
soon so the money was p:1111, and that he should
have no difficulty in disposing of his tuaniesn
in the market, if he grew tired of it. He by '
no means intended to assert that the Right Ho. i
noontide Gentleman would not find purchasers
for hi. loans in this inotance ; he believed he woold,
but the number must oecessatily be greatly dinii-
ntstied. There might be a few large camtellos,
who were at • lots fur the moment how to employ
their capital, who would be svilliug to engage in the
speculation. Of private iudtviduala, very fen would
do it. Every body knit,- in the case of tontines
how tlifficolt it was to puff them into any degree of
credit. Those persons who wished iu provide fur
•n increasing family,' by laying out a sum at the
birth of a child, to lie by and form an increase of
income for the period of some years to come, ought
perhaps be inclined to do it in 'hie way, but there
were very few person. indeed that would du it.
The market, therefore, would be much re,tiicted,
and the Right Hon. Gentleman must pay fur that
restriction. Ile mast bribe persons to take it. He
cared not how it 'mold br done; whether by ex-
tending the term beyond the period at first pro-
posed, or by making the annuity greater; either
way some advantage must and will be given ;
and who was to dray foe it?—the country. The
country would have to pay whatever bonus the
unknown and solicited-of nature of the loan would
render necessary to tempt the contractor into the
engagement. The simple and obvious way to
avoid The expense of an extravagant premium, was
to take the sum required from the sinking fund
year alter year. The country would then have all
the advantages which most otherwise be given to
the contractors. He could not help again suggest.
ing the absurdity of the twofold scheme of the pre-
sent plan and the existing sinking fund, and the
misrule- th.t most hereafter attach to the House
if it 'auctioned it. It was pinching ourselves
to risible tie to lend money ; and at the same
time borrowing in such a manner as would oblige
us to pay an extravagant premium for the
loan. It was lending money at an advantage to
the borrowers, end at the came moment borrow-
ing with advantage to the lenders. Thee we always
contrived that the advantages in be gained in every
operation. should accrue not to ourselves but to
the contractors. If any private individual were
to apply such an operation to the management of
his own private of acre, lie (lfr. Brougham) 'should
say that, instead of going to Ins own family re-
sidence, le ought to he transferred a. speedily as
possible to Bethlem Hospital. On these grounds lie
should support the amendment of his Hon. Friend
the MeMber for Aberdeen, to compel the Right
Holioureble Gentleman to take the sum from the
sinking fund.
, Time CHANCELLOR of the EXCHEQUER said it
eras one great advantage of the preeept proposition
Ithat it had for its object to gain a great advarnage,
ihich both sides of the House united in consider-
ing as most desirable td he obtained, though sonic
difference of opium's had arisen as to the brat mode
of effecting that object. In the opening of the
Session. both sides of the House took a decided line
of conduct alto one of the means which were pro.
posed with a view to the attainment of this purpose.
The Honourable and Learned Gentleman con-
tended for relief from taxation. and that the
amount of the proposed relief should be taken
from the sinking fund. He (the Chancellor of the
exchequer) contended for the inviolability of the
sinking fund, at necessary to the maintenance of
the psblic credit, and the faith of the country in
the Goon-int attentions of the Government. The
Hun* had sinctioned those principle., end had
thereby secured the easy performance of one of
the greatest financial operations, that had ever
siistinguirdied any age or any notion, whereby
the country had been relieved from 1,500,000/.
of taxes; an operation which could only have been
earcuted lit the most perfect confidence of the pub-
lie in the inviolable adherence of the Government
to those principles by which public credit was main-
tained. In order to give additional relief to the
country at a time when it seemed to be labouring
under its greatest pressure, the present plan was
proposed', whereby, instead of waiting for the result
of dm slow diminution of a charge of 5,000.000/.
ottlse4oso of about 150,000/. a year, a remission
might immediately be obtaineduf about 2,500,0001.
The Hon. and Learned Gentleman mid, it would
be relieving ourselves et the expense of posterity ;
and that at the end of 45 years we should be more
in debt than we should have been if this charge had
beets left to work its own gradual extinction. and the
amount now proposed to be remitted hod been taken
at once from the sinking fund.—[Mr. Brougham.
across the table, " I said you will nave paid more."]
As an arithmetical calculation. it was undoubtedly
tree that we should ultimately pay more. bat we
406111 Its*. a more equal division of the burden
over she whoie term of years. It was also true that
the first 16 years was relieved at the expense of t be
litter period of the term. because the latter
would be charged with the interest of the sums
borrowed in the former period, and of that pos-
terity would have but little right to complain.
after the great exertions mid sacrifices of the
present gmeration to secure to them the pos..
session of the advantages which we had derived
from our late exertion's. The Honourable end
Learned Gentleman, had entered into • calculation
of. the operation of his own eitiking fond, and op-
posed it to the operation of the Government sinking
fund. The Hou. and Learned Gentleman had but.
hide right 10 complain. either of the protracted
operation of the sitskitig fund of GOVerinneille or

t 1 .t ll*.present anion was s otroini snick 'oil
tKe sitikin4 fowl, %she', he bid himaeff larelw"l'd
to do •wor with the eitiknog fund altogether. Toe
lion. and,. Learned Gen't Irma Ws own progression,
however, shelved that within the period of the ope-
I anon of the p-eartit fblson, lite sinking fund of the
Government mould brcome more elglelnliVrly In its
operaben of relief from than his own. But
what would be the effect of the Ilion. and Learned
Gentlentsio's preolit proposal of taking the amount
of relief to he given how) the sinking fond ?
They had now a sinking fowl of 5,000,000/. appli-
cable to the redemption of a debt of 800,000.000/.
That sinking fund, by the proposition of the. Hon.
and Learned Grottlemun, would be dinlionalwA to
half of its present mount. They hod also in the
charge, which was the immediate stillject or their
comideratiou at present. a diltiom portion
of debt otuoutiting to 3.000.000. which would
gradually extinguish itself in forty-five years.
If by the present filen% they could hike 9,500,000/.
Isom the present burden of this dead exotisre, and
pay it in the latter period of the term ; they would
have that debt equally extingtoianel ; but they
would also have the sinking fond of 3,000,000/. to-
creased by the aceunsulation of c p I interest
for ten years to 8;000,0001. instead of being
rhluced to 4,500,000/., and they would also
hare it operating more eztentively in the rt-
Auction of taxation than the sinking fund of
the Honourable and Learned Gentleman.' By his
(kir. Brougham's) plau the amount of reduction
effected at the end of ten years would be 4,800,000 f ,
at the end of twenty years. 5,000,000/., and the
end of thirty years 10,000,000/. By the plan
of his Noble Friend, the same sinking fund of
5.000,000/. would he accumulated ,or the first It'll
years, at which period it would astioutot to 8,000,0001.
and then commencing the operation of reduc-
tion, it would at the roil of thirty }ears have
reduced 14,000,000/. of lagers belng 2,0010,000/.
snore than that of the Hon. and Learned Grote-
man in the same period ; and it would exceed the
amount of the reduction effected by his plau
1,500,000/. in every succeeding ten years after that
period. But the Hiottourable awl Learned
Gentleman lied omitted to notice the amount of the
taxes that had already been reduced. By a paper
on the table of the Houar, it would be semi that
there hod been remitted since the conclusion of the
peace, tales to the extent of 20,000.000/. He
had only to add, that there was not the smallest
reason to suppose that there would he any omit of
persons to antsbark in this speculatum ; un the
contrary, it was to be expected that there would
be a full and liberal competition of adventurers.
' Mr. BROUGHAM said, in explanation, that the
Right Hon. Gentleman woe mistaken iss supposiug
him to have proposed a violent and final destruc-
tion of the sinking food. Ile only wished its ope-
ration to be suspended during the distress mid suf-
fering of the coJutry, mud to be resumed when-
ever the country should be restored to a soffici-
, citify flourishing condition.
Mr. J.- P. GRANT professed himself quite unable.
notwithstendiaig the discussion it had undergone,
and the explanation of the Right ?Inn. Gentleman,
tocoinpieliend the details of his plan. Whatever dif-
, ferenceuf opinion might tint as to the expediency
or shendonitig the princtple of the sinking fun/ alto-
gether, it could nut certainly he questioned. that
the remission of taxes was ao object which it was
esseutial to obtain ; sad the only question was
whether it would be best effected by taking the
amount from the stoking fund, or by keeping up
the sinking fund to operate at compound iuttrest
on the one hood, and 'granting annuities at com-
pound interest on the other. And he confessed he
was itsclined to give the preference to the former.
Mr. JONES mid, the impression on Installed, after
all he had [lewd upon the subject of the plea from
the nue side sod the other, was, that it was a sort of
riddle, the secret of which every body seemed to
understand, but had not the power to communicate
to others. He hoped if the country were to lime
the benefit of a remission of taxes, it would be
by the remission of a tax io the whole, by which
they would get rid not only of the burden of the
tax, but of the expense of its machinery.
Mr. Innis Known& supported the proposition
of die Chancellor of the Exchequer.
Mr. H: G. BI NNETT contended that the public
had a right to relief from taxation to the amootit of
the nuking fetid.
The House Awn divided

For the Amendment
Against it
Msjority
CATHOLIC PEEN!,

On our return to the gallery we found Mr. CAW.
Nino moving the second reading .if the Roman
Catholic Peers Bill, which was fixed for Friday next.
The Warrant of Attorneys Bill went through •
Committee, and aftrr some discussion, is which
Lord Stanley, Mr. Setjeanst Onalow. Mr. J. Smith,
Mr. Sykes, and Mr. B. Wilbraham took part, the
Report was agreed to. The House then resumed.
GRAND JURY PRESENTMENTS—(IRELAND).
Un the motion of Sir J. N est' roar, a COROPitteo
was appointed to consider of proper regulations for
the Grand Jury Presentments in Ireland. in order
to make • more equal application of the rates col-
lected, and the Reports of the 41st of May and
lOtli of Jour,. 1216, were ordered to be rekrred to
them.

SANK CHARTER,
Mr. GIIIENTILL moved for the correspondence
which had iis•sed between the BAC k of England and
his Majebty's Goren' wrist On the subject of renewing
the Bank Charter, which, after a kw observations
from Mr. LIJSHINOTo , Mr. J. SMITH. and Mr,
W. Sutra. ems ordered.

ALIENS.
On the motion of Sir K. WlLsou, ■ return of
the number of Aliens in England was ordered.
The other ().der* of the Day were then disposed
of. and the House adjourned at s Quarter to Ele-
veii o'Clock.

In the published accounts of the Treasurer for
the county or Leicester, a statement appears of the
profits arising from the employment of prisoners in
the mill et the new House of Correction he one
year, which is stated at 9061. Ills. 9ii. Theprofits
are a mere nntlinig compered with the tirtres of the
treading null. which he. at length become the dread
dr the idle sud dissolute. •

S 1

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MAJonirr
01 LORD ISOTIoq FOR R !IMMO C't
ivtrigarraiosmizam. WITH • s•L•IY 0I 51.30,4
YIN* —.NAY S.

Mimi, J. H. rained, R. Phillips. G.
A tthurp, Vise. Fellowee. W. H. Poen r. R.
Asiiiiii, Hoe. G. Guise, Sir W Pootret, Han w
Amami. Si, Goo. Groa►rsor, Hos. R. Priitie, Hoe. F.
Artnid, sir T. Graham, S. P. yee, Pry..
Arehilall, Geo. Grant, J. P. Plumber, Joha
Au try, Sir .1. Grattan, J. Polltri, Sir J
Illutelt. Mr Thos. Greer. 1., P. Robiosos, Sr 6
Barnard, Vise. Griffith, J. W. Reandes, J. C.
Barrett, S. U. Gamey, H. Railway, Sir A.
Beasimusi, T. W. Gipps. G. Rice, I'. 11.
Becher, W. W. Gaskell, B. Ricardo, D.
&Iciest., Vise. Hetehinsitu, Hos. Iltirklard, Iv.
Bennett, Nos. 11.0. CH. Ridley, Sir 11 W
Beige., B. liiimilion, Lord A. Roblin, A. W.
Bernal, R. Haldissiawl, W. Reinhold, C.
Birk, J. Heatheote G. J. Rineettaard 1,
Brig. it, H. linos, Sir R. Rusiall,4. U.
Beechey, Sir J. F. Hobbouse. J. C. Rowley, Sir W.
Burden, Sir F. Herlihy, E Roger*, E.
Barr, Vise. Fische', W. L. Ramoinaiem. Lba
Brig. Geo. Hume, J. Stanley, Lent
Bagwell, Rt. Hs.W, Ham, R. Searlett, J.
Butterworth, J. Handby, H. &tut, .1.
Illeir, J. Harvey, Sir B. Seudamors, R.
tialikes, H. Ficiiheat. Lord Smith, R.
B•nrtt, J. James, W. Swink, Wm.
Blake, Sir F. Johissia, Colossi Smith, G.
tiooglitoo, Sir C. R. Jer►oiae, G. P. Stewari,W.(Tyrose)
Bastard, C. P. Reseed', T. F. Stow, Lard J.
Cliamberlayae, W. Illsmiebbeil, Sir E. Sykes, D.
Calves t, C. Keck, G. A. L. Scossaald, W.
Carew, R. 8. Latooche, K. Sehricht, Sir J.
Carter, Jobs Lamb, Hos. G. tawlley, Sir J.
Cavendish, Lord G. Laskin's, J. G. Sutheroa, F. F.
Cavendish, H. Lascstose, J. H. Ta►istest, Melba
Cavendish, C. Lemma, Sir W. Taylor, C.
Coalfield, Him. H. Lloyd, Sir E. Taylor, M. A.
Chaloser, R. Lessard, T. B. Ttersey, Rt. Ha. G.
Chin" Vise. Lushimpon, 8. Tye'', C.
Cyan, Sir I. Leycester, Ralph Talk, C. A.
Coke, T. W. Lockhart, W. E. Talbot, R. W,
Coffilarse, N. FL Lucy, G. Tremoyee, J. H.
Csavasaris, L. Leiser, B. L. TioctilielJ, ling.
Ceissapiam, Sala. Lasky, F. Whitbread, dL.
Cee►►ey, Time. Lethbridge, Sir T. Wane, J. A.

•
, ehllplhi Chu. Illabetly,-Jultio Wane, 6.
Cheiwysil, G. Moberly, W. L. Western, C. C,
Crowley, Sae. Macdonald, James Wallows°.
Caltkorpe, Nos. F. Mackintosh. Sir J. Williams, T. P.
Gown, IL B. M mahout, Admiral Williams, W.
Corbett, P. Mai had. William., John
Cole, Sir C. Mink, Hon. W. Wilson, Si, H.
Corona, J. B. Mazirell, J. W. Winoinztoo, .S.r t
Dr Creepily'', SirW.Milliank. M. Wood, Aldet Alia
Dairies, T H. Nowt, J B. wpm, M.
Denman, T. Moore, Prier Wilberforce, W.
Ibuidos, Hos. T. Morjoribiniks, S. Wortley, T. S.
Deoison, W. J. !Norval., .1. Whitmore, T.
Downie, D.A. Mahon, Row. S. Whiostur,'r W.
Danoporl, D. Newman, R. W. Wod•liwiter. 1.
Dowries, G. Neville, Hon. R. Wilmot, J. C.
RioringWis, Vise. Newport, Rt. Hos. Wells. Julio
Ellin, Ed. Sir John
Ellis, Roo. G. A. Nugent, Lord TILLSIIII.
Evans, W. OVailnins, J. D on, 1.,11r.
Farquharson, A. Ord, W. Norniaohy, Vac.
Ferviusim, Sir R. C. (hboroe, Lord F.
Fitzroy, Lord C. thog6tos, Lord PAIRSO ore.
Fitzroy, Lord Joh. U'B,ies, Air E. Wile, Lake
Fokv, T. Palmer, Coloucl Willuss, Walla,
Folkesione, Vise. Palmer. C. F. %Lessens, &IL X
•
Praukland, R. Pam, Thus. Ellison, C.
French, Anion Peine, H. Dada, C.
Forbes, C. Pelham, Hon. C.A. Cornett, J. C.
Fain, John Phillips, G. R. Ahareroinhy,Thi.J.

FOREIGN IN lIILLIGENCE.

PARIS PAPERS.

PARIS. APRIL 30.
A prints letter states that the Auitriau Cabinet.
received on the 41st instant from Conatentinople
dispatches of a bature so important, that they were
immediately laid before the Emperor. M. de Met-.
ternich immediately sent off special me.rengrra to
Paris, Loudon, and Berlin, and the report was cir-
culated at Vienna that every thing was finished
with the Ottomans; that is to say. that hostilities
were about to commelice.—(Cmatirvrionsel.) •
A letter from Frankfurt. of the 46. h instant.
states that intelligence had been received of the ar-
rival of the Emperor of Rus.is at Minsk, where
the Imperial guards were stationed.—(ldes.)
Baron Pasquier has set out fur Italy on a mi.-
sion.—(ldem.)
Letters from Montauban (Tarn et Garonoe) of
the 23d instant say. 44 After a long drout,eht,• mild
and penetrating rain has watered the country, and
revivified vegetation, which had languished under
as ardent sun. The appreheusions that had been
entertained respecting the harvest have been dissi-
pated by this fortunate change of weather, and if uo
disastrous event happens, we may hope fur an
ahuudance of the principal fruits of the earth.
The meadows have moot suffered from the drought,
and will produce little hay this pur; the pulse sad
trait-trees had also suffered, but appear now to
promise sufficiently. It is expected also that these
will be a sufficient supply of wine."
Faaacat Fox oc—Five per Cest. Coevals. greed f.
80 c.; lowest, 87 f. 50 c.; close, 87 f. 80 c.
Exestaanx or LONDON..-00e Month. IV.; Timm
Numbs, e 4 r. c.,--(Corrs Autherseirse.)

THE BRITISH PRESS.

LONDON,
SATURDAY. MAT 4 MC

A Message from the Crown was communicated
last night to the House of Commons, in which lips
MAJUTY was graciously pleased to acquaint the
House that he will give directions that the seldry
of one of the Postmasters-General shall forthwith

be discontinued. The present officers OM 11,e
Marquis of SALIIIIVILY •nd the Earl of Cut-
CMESTSIL.

But hie arIIAJESTY postpones the sctosl ebotition
of the office until he shall have the opportunity Si
considering what permanent arrangement msy be
advisable for conducting the business of that do
pertinent.
- •

If we could rightly catch the feelings of the
House of Commons upon this subject, we should
say that the House in voting the Address to the
Crown-did not cootentplate the necessi.y or expe-
diency of. alteriog the existing arrangement for
condactiog the affairs of the t'ost•ofice bayou

%/1101.11Mr, r.
0.011610 a, Lurd PAIRSO Oft.
ba Willies, Sir E. Mite, Lake
Palmer, G.ilooel Wilkins, Mawr
Palmer. C. F. Western, Ron. S.
Peres, Thus. Ellison, C.
Penile, H. Rued's, C.
Pelham, Hon. C. A. Comets, J. C.
Phillips, G. R. Aborcrointiy, lin. J.
- -•-
IGN IN IIiLLIGENCE.
PARIS PAPERS. •
PARIS. APRIL 30.
'tier states that the Austrian Cabinet.
he 21st instant from Conotootinuple
a swore so important, that they were
aid before the Emperor. M. de Met-.
liatrly sent off special meoengers AO
s, and Berlin, and the report woe cir-
'wigs that every thing was finished
mans; that is to say. tl•at hostilities
conamelice.—(Coasfihrtioitart) •
rim Frankfurt. of the 26. h instant.
elligence had been received of the ar-
!Anperor of Russia at Minsk, where
(ward' were stationed.—( Meng.)
luier has set out for Italy on a ans-
.)
m Montauban (Tarn et Garonoe) of
it say. " After a long drought,• mild
rag rain bra watered the country, sod
etatiou, which had languished under •
i. The appreheusions that had been
specting the harvest have been dorsi-
fortunate change of weather, and if uo
tnt happens, we may hope fur sn
the principal fruits of the earth.
have moat suffered from the drought,
ice little hay this par; the pulse sod
d also suffered, but appear now to
iently. It is expected also that their
cient supply of wine."
is —Five went. Controls. ginned at f.
I. 50c.; close, S 7 r. SO c.
05 Lontios.—Ore Month. OF; Timm
Annentiqpie.)
IRITI S H PRE S S.
-; -
LONDON,
7URDAY. MAT 4. 111112.
• from the Crown was communicated
the House of Commons, in which hat
graciously pleased to acquaiot the
le will give directions that the salary
Postmasters-General shall forthwith
led. The present officer' are, the
SALIUVST and the Earl of Cut-
-I.IISTT postpones the actual obotirioa
nail he shall hare the opportunity Si
hat permanent errangemeot may be
conductiug the business of that '
d rightly catch the feelings of tier
onions upon this subject, we should s'
House in voting the Address to the
of cootemplate the tieceirm.y or nye-
leriog the existing arrangement far -
be affairs of the Post-office beyond
••

the mere ventoval of one of the Postmastiri-
General, and that the business should proceed
according to the present system, sobjett to the
control of only one Master instead of two. It will
be recollected that when the House of Commons
resolved to strike off two of the Junior Lords of
the Admiralty, the Ministers angered that the
'venire, instead of proving economical, would, in
sleet, increase the public espenditure. We can.
not doubt the power of the Ministers to verify their
own prophecies in this particular, but we cannot
believe that, io a spirit of displeasure at the success
of the country party, they would ever stoop to the
exercise of such a power. The same remarks will
pplr equally to the case of the abolition of the
r!uphcste office of Pwtwaster•General. It is
possible, however, that alterations may be inju-
diciously made in the existing system, which, with
reference to economy, would produce a very in-
jurious result ; and it will become the wisdom
of Parliament to prevent every project which
may seem to have such a tendency. An intention,
we believe, prevails among the Ministers of forming
a Board for the supervision of the affoirs of the
Post-office. This Board will probably consist of
four o► •Ave *embers, and as pretences will un-
doubtedly be foetid at various times to increase the
salaries of these Commissioners, the country will
erenisally End itself saddled with four or five in-
gest, of two Puatmasters-General. The labours.
of the office are not so very heavy as to require the
utestion of more than one person. The whole of
the duty is, in point of fact, performed by Mr.
FRILLING ; he is virtually the Postmaster-General,

sad in the enjoyment of his power he exercises in
some instances a most extensive discretionary au-
thority. This Gentleman can discharge the labours
of his office without the auisialice of u Board; it
may therefore be hoped that those of the nominal
Postmaster will not be found too burdensome for
the shoslders of the noble possessor of that office.
The further consideration of the Report of the
Agricultural Committee, which had stood for last
night in the Commons, was fixed for Monday, with
so undeistanding Shot it is thou to be brought on

prremptorily.
Tbe scheme for farming out the annuities. pen-
aions, and half.pay, was made the subject of some
further discussion, hut the conditions of the pro.
posed contract were not stated to the House, as the
bargain is not yet completed. Mr. Hume pm.
posed, es an Amendment to the Retaliations of the
CIANCILLLOIL of the Eitchaquei. that the cod.
tract should be made by the Treasury, not with
private individuals or companies. but with the
Commisai.imers for liquidetiog the natiousl debt.
The expediency of such an arrangement is involved
to the circumstance. that whatever the public might
Mee by the contract it would pia is the es•
tioetioo of debt ; hut the proposition was op.
posed by the Ministers and rejected by the House.:
The numbers on the division were—for the amend-
ment 66—agaiust it 135—majority 79. The ori-
ginal Resolutions were then carried.
Upon the feasibility orate plan no doubt can be
reasonably entertained, but it seems no less certain
thst eventually the public will lose largely by the
proceeding. The Ministers must here satisfied
themselves of the probable terms upon which the
contract is likely to be made, before they ventured
to submit the scheme to the attention of Perlis-
meot. We may therefore conclude that the adop.
tuna of the plan will set free about two millions a
ear, to be taken from the present amount of the
tom. it was suggested in the course of the de-
bate last night that the salt and leather tuxes, with
a porticos of the window tax, will probably be se.
lected by Parliament ea those from which it would
be most mineable to relieve the country.

Mr. CAWIIIII4 brought in the Bill list night, u
prepared 'by the Committee, for repealing such
ports of the disabling statute of Cutatas ff. as
prevent Roman Catholic Peers from sitting and
voting in the House of Lord.. The Rill was read
first time, and the orcohrl reading was fixed for
nest Friday, the 10th of Miy.

The Par's/ Nen to the let inotant hart arrived.
Tlnir couteots are destitate of iutcrest.

We have received the Dublin Papers of Wed-
l'elday last. On Friday • Special Seaton was
?it'd in Cashel, for the porpwe of considering
the elide of the berody of Kilnemamigh. After
lung lilliellllololl tile motion for preaenting • me-
morial to the LORD Untrue tic to proclaim Inc
barony, was copied by a majority of 12 to
8—
the remaining part of the 28 Magistrates who
attended not voting. The Special Sessions for
the county of Cork commenced ita sittings at
Mallow. 011 Monday ire'untaht, bat op to Friday
last only titre conviction took place.

Mr. CALCRAITT and Mr. J. H. CA LCHAIPT were
presented intim/ with Lord NONNI•NIT by alarm-
ing Mime in their family.
Sir JOHN AVIARY, B4rL we. prevented voting
with Lord JOHN ItUSIIILL oo Reform from illness.
It is rumoured that the salt tea will he •taadoncd
by Ministers. should the measure of commuting the
half -pay allowances and pemiona smogegi.
TiH FONDS.—The market yesterday was steady.
CoYsols were 79i for money. and 79ii for the
; Redocrit 7skt ; Navy 5 per Cents. INK;
4 per Ceuta. $414 ; Long Annuities 191 13-16.
Foreign Stocks were ilso noun the glrM : ',popish
b3f es. div.; Dsaish 86 ; Promise 11111 nspa
"in 681 69; Columbia. SS. • ,t•

• .-t,g 4,inicH '..(4,1
eOlaw..--.5.:-. ek, ete.)"k
ROYAL AL'A DENY.
--...-

Yesterday the principal patrons of the Arts sad fries& sir
the Director" were admitted to a view of the Paistiags pre.
sided for the ensuing Exhibition ■t Somerset House. The
number of pieces sent is has been treater them la any p►e-
ceding year, and the labour of the flanging Committee ham
been great is the same proportion. Many works, we under.
stand, were returned, not so much on account of wait of
merit as went of room.

FASHIONARLS NOvEreNrs.

The Marquis of Lansdoorn arrived yesterday at Laos.
down Hoare, Berkeley square, from Parse. Her Ladyship
arrived on Tbuisday from her rest, Boomed Park, Wiles.
The Hon. Henry Fox left Holland House yesterday for
Oxford.
Sir Charles Saxton, Bart. left town yesterday for Wastage,
Berks.
The Hon. Thomas Grenville left lowa yesterday for Drop.
soon Lodsr, Burks.
The Rev. Dr. Borten his arrived in town from Oxford.
Arrivals 111 Blake's Hotel, Jerasyn•atreet :—Sie George
stall piy,Crewe from their seat is Derbyshire ; Mr. and
Mr a. Col•asib• from Ireland; James Clsykill, Esq. from
Sessesel; and James Bruer, Esq. irons a tour.
Mr. and Mrs. Briley have arrived at Hodpoes Hotel,
Dovev-mrees, from Salishary.__ _

Armsla at t►e Clareiattai Hata, Bond-rtreet :—Mr. and
Mrs. Derain sad family, yesterday, frau Manchester; and
JOG Denim, Esq. M.P. from Newmarket.

PASHIONADLR PARTIES.


Princess &larks:, gave a splendid rout yesterday even-
ing at Ckandos House, Covesidisla-aqoare, obicii was very
elegantly attended.
Tim Duke of Devonshire entertained a select party of dis-
tillation yesterday at 1) vonaloire House.
The Marquis of atolmosideley has Issued cards of
tioa far a 'tread eatertaionaeot us tin 14th animist at his
boost. is Piccadilly.

The Earl of Wraimorland will entertai• • distinguished
party on IM 9th instant at his hues* in Osusvetior.squase.
The Earl of Aberdeen entertained a distinguished party
yesterday at his house in ArgylLstrret.
The Earle Harrowlsyroteriansed the Ambassador of the
Netherlands and • distitignished party ea Thursday at his
beers ill
Csiontria Liewrii .dl have her weal fashietiable party les
'narrow evinsion, at her hones is Harley-street.
Laity Tees Stewart has isswed cards of invitation for her
Mat rout es the 19th instast, et her house in St. Josue&
suasive.
Sir Gore owl Lady Ousley have Issued cards of invited's.
for a party ea the ISt\ Ismaili at their Muss. in Bralets-
sheett Sigelle749oara
. Greets& Sees seeertaised a sekst party yesterday at his
been is ltettleet place.
The /mai Ambassador has Waned cards of limitation
Ilstr as depot eiseetanentsit on the 10th lost. at his reels
dime is Poetised-place.
Ilks.lblake hen hatted cards of invitation for a quadrille
hell se Abe 17th test. at her hoes* I. Pertised•plees.
THE DUKE OF DRVoysifIRES sidorra..
GRaND CONCERT.

The Dube of Demmehire rave Ida sgeolid graedlemerso
mm thiseriwy ~ohm at Dever/44m Hew. lie 'WM
Mated apartment, elever lie •amber, we►e these, sped,
which were illuminated with the same bedtime'? as at lba
Arai tuirmert. The company prevent exceeded 750 pebble,
of the Las diatinetirm and fashion. Anomie whom were—
Pelmets Larrlaria sad Cortitelli, Prince's' &redoes!, lhe
Daiwa of Welliosloo, Portland, Somerset, sod Newcastle.
Heehaws of Wel/Saloon. Richmond, Marlborowirk sod
Porte/ad, the Ambassador of the Netherlands, Marquis..
of Tavistock, Graham, and Camden, Merehionemn of
Salialewry, Tsvistock, Bath, Stafford, Waterford, and Cam-
den, Count Ladolf, Corsi sod Cousiem Maaster, Countess
Lite'', the Earl and CQUltitlll of De. by, the Earl arwl
Countess of Sefton and she ladies Molyiseenc, the Coontem
of Harrow/by and Lady Mary Ryder, the Earl mod Ovuolese
of Cloamel, Lord and Lady Grantham, Lord Lysellock,
the Archbishop of York, Earl of Bret-knock, Lady Hama.
atom, Lurd and Lady G. H. Cavebdiah, Lord sad Lady Plea•
mashy, the Earl and Countess of Darnley sad Lady Blithe
the Ladies Thynne, Earl of Clanwilliam, Sir Henry mi.!
Lady G. Wellesley, Viscount cad Yiscurnitese Clubhouse,
the Earl mad Counters of Morley, Earl of Wesionorlaud and
Lady G. Fame, Visconut sad Visemnitels Granville, Lord
and Lady Marpeth, Mr. cud Mrs. Ellice, be.

TO THE EDITOR OP THE BRITISH PRESS.

Plume, of soy t. cm pi unporal...
distress of the 1i pesisatry to dm outice of the public,
that Revers, Dlgnitsries of the Church, Metal/ere of Parlia-
ment, &nitres, Merchants, and other distisiguishod eharac.
rs of tbi. great metropolis, have voluntarily come forward
to offer their paironsee and support to so benevuleat so mi.
dertakine, and a ismaind, in consequence, is to be held at
lb. City of Loudw T , on Tuesday wry, at one o'clock,
when it is hoped that the liberality of a British public will
wheel the *aired,' of the cam.
May 3, Ili FRAS. FORTUNE.

Slll-11 is highly gratifyinit to ioy feelings Mit i• roe-
- *et to- !lovable 41seat pi to ioiroduce the 'Delta
Irish -

Aay communications on the subject will be thankfully
received at Nu. 29, Lombard street; or at the Gammatire,
City of Lundell Tavern.

Yesterday the Earl of Lavaitroot. hod an su-
dieuce of Abe Klan.
Yesterday phi. M&itaTY received visits from the
Duke of Yeax, the Duchess of GLoucerexa, and
the Princess SOPHIA.
The Duke and Duchess of GLOUCEITIR. the
Princess Soma, and the Princess SOPHIA MA-
TIED*, honomed the exhibition at Somerset House
with their presence yesterday at twelve o'clock,
previous to its being opened to the public. Mir
Royal Highnesses were received by Sir Thom Ail
LAWRINCS, the President of the Royal Academy,
and the other officers. who conducted the Roial
party through the different room., which continued
the exhibitions for the present season.

The Edinburgh Theatre has had • moat succeas-
N 1 orison, and tl.e Manager, pursuing • spirit of
liberality, is iiirengthening his company with all the
aid of talent and novelty.

A number of letters have bun received in town,
saved from the wreck of the American ship Albion.
We have authority to state, that Mr. C Ramona,
one of the sons of Sr Joan Curry/one, was not
on board the (:oofinnee at the tune of her melan-
choly louts—/kvening Piper.)
During a thunder storm on Tuesday, the 231
alt. a loge tree in the Earl of CARTIFOIST'II park
at Elton, was• struck try lightning, and a sheep
which was lying at the feet of it was tied by the
slectic Laid,
• ".!;