The British Press; or, Morning Literary Advertiser.
London, England, 1822-02-27 00:00:00

*was gneilsly isles from% Ilan in the employabeat Lam
lON, Rog el liwoaltltitl.—(Noyo Coesstitslion.)
. •
(Strtroet of a letter from Kilbeevon.) •
On flatterday eight taw, the 16th instant, • Sith-ebnimittee
• • of Mihhoomen, or .0 they denominate themselves," Ktittrists
• of fit. Patrick," held a Special Mishit; in a bowie in tkin
town, for the Porpnae, it aroma; of receiving Into the Ific 14 ty
wohiouriets sloury, who 'lately lurived fro. -Arun. ill.
:.• igroihtinrotncles tripled credential from the Greed toeyr,
in dist tot tit', Was just is the set of brine read to • ba
Commits hy the Secretary, when • party of Maier O'Cm.
noeline's 'Wire appeared, and, after a alphi meanie, eye.
seeded in ohlmlaisc poeseeeits• of the doeitmept, and la ern-
riling fog, of *lto Knights" to the guard-hoer (is fifth
KW_ off in eh• roislressina), from •heace they bars Also boo,
ifitnintitted to dot coostafrot. . I
THE BRITISH PRE SS. -!

• " • -
LONDON,
•
WEDNESDAY, FiIITIMM SO, 111114.
•
• The Earl of LittestPont, in perettance pf his
:previous notice,. drew the attention of the House
of Lords last night to the general state of the coupe..
'try. • The Noble Lord exerted himself open thii
occasioat to draw a picture of the internal estfitiati•
theinipire as &twain/ as his iiiienssity 'could
*rise, and with_ the immense exception of theavi.:'
eeltural interest', it must be admitted thst the-
Viable Lurd did not tax his ingenuity in vain. The
Imposition was in its principal features the same M.
%it,' which the Marquis of Lon DON nicest. had sub-
. axiittett to the House of Commons. Upon the sub-
ject of the agricultural distress, Lord Urgers:tot.
Still adheres to his original opinion, that this distress
he. Oren solely from a superabundance of preduo.
*a.; and in support of the convenient principle
'which the Ministers incessantly title, that the
• 'amount of taxation has no reference to this point,
the Noble Lord sheered that a like distress prevails
ha ether'countries where taxation does not press eti
Messily as it does in England. The price of an
article must certainly be affected by the amount of
the supply, bat if the affairs of the country were not
strained violently from their natural state, the abun-
dance of quantity would compensate for such dimi.
station of price as might flow from this casual ex-
cies of production. Lord Lteeeroot's argu-
=int. founded upon such a presumption,
Must be incorrect. The bounties of Provi-
dence cannot prove the source of namel evil.,
the farmer cannot be ruined by the fertility of his
fields and the very success of his exertions. The
doctrine rests upon a paradox which is abhorrent to
every principle of reason and of religion. A more
pleasing part of the Noble Lord's exposition is that
which chews an increase in the revenue, the forei,v,n
trade, both of export and of import, and in the
population of the empire. We are not afraid to
-enumerate the increasing population of the empire
among those points which offer the best hopes of
future improvement. Our people have increased
with a wonderful rapidity during the last to years,
and yet, notwithstanding the ingenious fancies of
those who can estimate the happiuess or misery of
•empires by the comparative results of progressions,
arithmetical sod gruinetriral, it does appear that
the prodoctive powers of the earth have increased
finite rapidly evil than the necessities of the human
min-ice, and that our present distresses float rather
(rem an abundance of produce than an excels of
pupulstion. Lord LivearooL was followed by
the Marquis of LANIDOWN and several other
Lords. who submitted to Parliament their views of
the state of public • affairs. The proceedings were
a:together highly interesting, and well deserve the
attention of the public.

The discussion in Parliament upon the plan for
'transferring the 5 per cents. into the new 4 per
cent. stock, was by no mesas so general or so ex-
tended as, from the importance and difficulties of
the subject, might have been expected. The few
ohjectjami that were made to the scheme referred
sparely 40 .the most minute of its details ; they
evaded the mote important points, and settled with

little force or effect upon those of the least interest-
ing nature. With the present plan the public, we
think. ha►e little cease to be satisfied. In point of
efficacy towards relieving the country from any
portion of its burdens, it by no means will endure
a caparison with Mr. Per.ti•W's scheme in 1749
but pt the same time we cannot think that 31"r',
ELLAct was warranted. in the remotest degree, in
designating it as • plan " marked throughout
with.crookertness, trick, and device." The pri-

angry. sad, as it ought to be, the fatal objection
to the measure, is the great increase that it causes
in the amount of the ostionst debt. This point,
we had expected, would have been strongly urged
by the Opposition io Parliament—not undoubtedly
.for the purpose alluded to by the CHANCELLOR of
the EiCHEQUER, of needlessly emba ing the
zueseures of Government, but for the purpose of

nosing the country the pe►manent load of seven
•snatiorso of debt,. and of compelling the Ministers
'So petiole t►re same object by another and a lem ob.
jecrtibnable eoarse. It was judicious in the CMIII.
cAILLoo of the Elcilesitiza. in the'opening of his
speech, to allude in harsh terino to the opposition
which was offered 116 1749 to Mr. Pu.naat's plan,
both in and eat of Parliament, and to appeal to
the patriotism of the present Opposition in Podia-
meat not to frustrate a scheme which in bus opinion
tended to the general good. We will not preterid
to determine what effect thin appeal May have pro-

duced, or whether it silenced a siogle tongue that
would otherwise are been raised to note the errors
in the present plan.; bat it is observable that the
principal opposition experienced by Mr. Psulau
iu proposed arrougement• proceeded from the
three great chartered companies of that day—the
Bank of England, the East ludic Company, and
the South Sea Company. Mr. ['misses strength
must hove been very great, and :his resources no
loubted, when he could struggle against the COll3-;
binatiosi of sackitaerests, which in our days of
ADiaisterial expedients and financial irresolution
"mild be thought fatal to the Ministers themselves.
.The right of Parliament to psy off the five per
-emits. at par etnnot be questioned, and the ad.
vantage of reducing by fair means the rate of in-
terest on the debt is equally free from doubt. To.
the principle therefore of the present measure, so
farm these two points extend, no objection can be
taken upon the ground of any supported breach of
faith ileith the holders of the navy five per cent*. ;
but if beyond these an objection be urged to the
leading circumstances of the plan, no imputation
iught to be uttered, as if they who made It were
let honestly desirous to' see .the interests of the
qtateem fairly promoted. It• was admitted by the
eaatlast.Los of the Excutteutit himself, that
-ether means did exist of effecting a considerable
sating iu the int of the capital forming the
3 per cents. without incurring any increase of
xtack, ;lamely, by creating a Dew stock at 44. per
tent. The saving -therehf effected would amount
to 700,0001. a year, and. it becainosufair ques-
tions whether it were not better to forego the
farther reduction of 400,0001. a year, rather
thim increase the debt to the amount or. teem

million■ ► It might also he submitted to Par-
liament whether it would not be more ad-
visable to direct the whole force of the sinking
feud of ere million* annually against the fiver per
cents, and to cancel, them at they were redeemed"
rather than create the new stock and enlarge the
debt ? This qnestion is. of the mare importance,
us it is avowed by the Ministers that they mean to:.
pursue this principle as • favourable opportunities
may arise, by striking is soon •as possible at the
fear per cents, and transferring them into stock of
a lower denomination. Such measures may •
create the 'nominal capital of the debt to'an inter.
minable extent, which would baffle all the power
of the sinking fund, and settle it as a.dead weight
for ever upon the fortunes of the empire. We are
arrived at a period when we ought to took seriously
to the gradual removal of the debt ; . but the prin. •
eiple upon which the Ministers act in this instance,
and which they fay down as their guide in future,
seems to costeuiplate the eternity of the debt in
its capitol, and to hold up the payMent of the
interest as the only matter that merited public at-
tention.

The Paris Papers of the 43d and t4th initant
have been received, the latter by ExPacts. They
contain no news of any importance. They quote
the Five per Cent. Consols on Friday at 90 1. 60 c.,
but that is nut the latest price of the day. Sales
were subsequently made at 91 f.

The proceedings before the Special Commission
at Cork, down to Friday night, are given in another
!mart or our Paper. On the evening of that day
sentence of death was pronounced on 35 unfortunate
wretches. It was intimated, however, from the Bench
that they would oot all suffer... The three men
found guilty of the hofrid affair at Churchlown were
ordered for execution on Monday.
At a meeting of Magistrates of the county of
Cork it was agreed to avid ■ memorial to the
Marquis lk.attistair, for the extension of the
Insurrection Act to the entire county. The city
Magistrates have agreed to make a like request for
the city.

•, •
Ay the Leeward Islend Mail, Antigua Papers to
the 16th January have been received. His Excel-
lency the Captain-Cieocral issued militia orders on
the 1711. December, proclaiming the Island ender
martial law, from the 93d of that month to the 29th ;
one order stales, that all slaves found with arms are
to be seized, and the arms to be deposited tit the
arsioal, tile persons claiming them are also to be
proceeded hgainat.
TFrom the M. John's (Minya.) Cartel, of tlStb Derenilier.]
A letter from St. Thomas's says, •• I have no du alit but yam
will be mirpr,ised by the Ventpueliao Goverunissit'prohibits
tog the rip/velum' of mutes w Amiga., ruder the penalty
of forfeiture of the vesitel,..aod the virtue of the cargo. This
law has been puled' in 'etinsequeare of tbe seizure wf Uwe
JYI Mata, at Antigua:"
[Prom the Demerara airaniele.]
The heavy rajas and high winds for these last twelve Of
fourteen days, have surprised wavy of the oldest plaster*.
Hilly forward canes are lodged or titrowa dowa is deists
ward parts of the Island,but little rough weather has aceerred
to windward.
(From the Demerara Da:ef Icl
The ship Loom, from Landon, has brought passengers,
Mr. President Wray, with his family; ose of 11. daughters
died on the passage. His Honour was sworn Into aim est
the 10th of December, as President of the Court of Grin&
ail swot Civil Justice, and also se sole Judge of the Csut
or Vice-Admiralty.

The Bank of the United Slates has declared •
dividend of two pet can. on its stuck fir the six
aienthiending December 31, Init.
The Ordnance &filtrates hove been printed. The
sum voted for 1821 vt,.. 1 095,000/.; to be voted
for 1822, I,2oo,oooL—ddieielice in favour of the
former year 103,1.100/.

The Commission^ of Customs in the last writ
dismissed from their employ the following persont :
JOMM VIDLER, Self.. .JOHN VIDLII, joo., SAMUEL
VIDLIA, SEEPUENS, SMALL, •Aci
Turf., who were officers in the service of the Re-
venue belonging to the port of Rye, on account of
that lieviog been in collusion with smugglers.

•I• •
44.2
FASHIONABLE' NOFENENTS.

The Countess of Darnley mid Lady Elizabeth Bligh sr-
rived yesterday at their house is Berkeley-square fur the
season, firm theie seat, Cobham Hall, Kent.
Mr. and Mrs Mitchell and family are arrived et their
hou-e in Berkeley-square from /hightail.
Arrivals at Hodgson's Hotel, Dover•strert :—Mr. and
Mta. Hawkins from their seat in Herta; Mr. and Mrs.
Carter riven %thither. Captain Lane, 15th lancers, has left
ditto fur Paris.
Chides Cheater. Esq. left town yesterday fur the Duke of
Rutland's sea., Belvoir Castle.
Sir Charles Aggitl, Bart. arrived is town yesterday from
General firma, seat in Suarez.
Lord Lilford and family are arrived at their house its
Grosvenor-place fiom their seat, Lilford House, Northam/.
ton•liire.
Sir dohs and Lady Pollee arrived is town yesterday from
Brighton.
Mr. and Mrs. Darnall, earl family lrft the St. James's
Hotel, Jermyn-street, yesterday, fur Worcester.
Arrivals at Wren's Hotel —lard Ardodell from War-
door Castle, Gegerat Morrie and suite from Paris, the Bev.
E.lw Kriasion and the Misses Kyaesiess, bum Suffolk, and
Prince Cariati from the toast.

/AM