The British Press; or, Morning Literary Advertiser.
London, England, 1822-04-19 00:00:00

to etwellest, and lies beaotifolly. It is timbered with elm,
•J, staple, ban, ash, ate. It is waierect by a great somber
stet she end small brooks.
4tl—Proceeded dowa the west breath of the river
Ilrage, arose' a Aso country, sad so t►e lib arrived at
/*Volt

It will be perceived that a very small portion of the ter-
ritory has bees, explored by the party. Cireneassataers over
arlitiell they hit no control, preveoted their examimg the
leAtialhasajag esiglaapp
on smattanajpiasaslL
AM cad rivei /ff. Jotarai iii iiaysioTre-
remanded, by them who have eorenrily examined them, as
egistif: ettl, IlAttelioe, to any in the Wallet Tle most fa-
bler Met land wltich 16e Pirty passed -Pier: tiri
/War gho geispaent, and extern& Nearly des whole length of
Xlip;dere. The Med oleo ea and Near the Titabawama,
Mid Banns of Sagaits, is generally of an excellent
1104.3 i 044 will roe, olsoold the ouskration to this teed.
f ,ry enatinse, be transformed iota beantifist, healthy, and
Pr.Y:bniqltrfinattx SpeakiNg mendly, from what the party
t trem, 4"A Ilk information they have derived from
' t. , litatrerftk Itpty be safely sa3de respectiow die penin.
M veal a prnpoction co( Rood lead, aid LS
liw *minim, say tract of algal talent in western Mmes.

IMPERIAL PARLIAMENT.
HOOKE OF LORDS, TII6ItaDAT, APRIL 18.
Their Leklab'pa met at lifting minutes before Ger
e'elurk.
Ms. rpmlse, from the.Trastees of the Liverpool Decks
sad UghlAcme, prematrd a return of their fteceipts and
piebarweseatalrom the 24th pecembse., 1820, le the same
lierissl is the year 1821 —Read sod laid on the table.
Tbc Earl of LAUDERDALE moved fur a series of Fi-
beasioill Aetuunla to be laid us limit. Lordships' table, but
tisealie Ms by of voice the Nollit Earl spoke is, we are
eut,lthlor to periientarise them. He .183 moved fur a return
•f Ib, camber of Euelmore Bill. dial bad been passed by the
VstrOtaisee, Gem the year 1791.16 kbe year 1811, bulb iucla-
kre I'. •
the 110:11 ttf LIMERICK pyralt itedire that he unsold, on
illeaday melt, Move that their Lordships stioald resolve
traemselpee isms a Committee on Dore, Divorce Bill.
Mr. Ralloolt, from the Tr I, presested muiley papers
acoprding to Aria of Parliament, sod others by the orders of
their Lordships' llunee.— Laid en the table.
Tie lankcepers Rates Bill was reed • second tie'.
the anima of the Earl of SHAFTESBURY their
le:iiships adjourned to Mood ay nest.
•
OF COMMONS, TallllBlaor •
Thellatieet was not opened mall Imltraet fear o'4sk,
is•duabeeptedeb, of a ballot fur in election committee 19 le-
ete4tv-iiititiisil.Peiltlou from the litiei6eN of West Lot.
The fullopiiii Committee :were I:printed :
.
rap Russell 11,9. e. IV Saordoa
Veni: Stuart I Mr. J. B•istard

liielpt Alen. W. C. Plunkett I Mc B. arenie
Mc /61 Preodiagss Mr. Keith Douglas
%h:. F. W. Giant ll'.r. W. M. Pitt
Mr. Frederick Robinson Mr. R. Flereal
Vildmau Mr. bevies Gilbert.
LONDON WATER WORKS.
On lb. station of Sir W. CURTIS, the second reading of
the Leann Bridge Water Works BSI ass postponed till la.
oussrow senitight.
Upon the motion of Mr. KENNEDY,' riires, reeding
or the Scolds Commissary Cabal BIN • pad lig the
MI Wow, : Ind i • ••iti • • •
PUBLIC ACCOUMTIL .
The CUANCItLLO& of g*CHEQUEII• *lts in
Perous lice of • notice he hail given, to Weir fur ••
LegtComtnittee to investigate the puhhc accounts;
but-from the smile that prevailed in the House, avid
the very low tone in which the Right Honourable
Qiiitlerbsiii spoke, we could merely catch the sub.
isfaßee ot¢is mullion, nnmely-...
6. That a Select Committee be appointed to consider she
brat mode of simplifyitie the atcouali laid ornisilly brfurr
ibe Hymn of Louts and Common., laeletline the rational
taste, the national expenditure, sad the trade and navlgatien
of the kingdom.
iaIABItILT did not ripe to give any opposi-
tion to the motion proposed by the Chancethir'ol,
the Exchequer, fur he ref' that the errors main-
.-nocsiencies which had been discovered in the pub..
Ic accounts during the present year loudly called
for some touch measure. List year H balance sheet
lieeu propooed by the Right Lion. Gentle Min
opposite, to which he imsgined the House web in-
debted fur the present motion; and he thooglst if
the public Recounts were rendered consistent smth
that bulance ehett, the country would •derlire con
orderable benefit, for it would enable the countiy:
gentlemen to understand the public expenditure
uithout wading through such a melee of uninieili.
Orly figures as were at peusent presented to them.
It would be well if the course pursued by the
Committee erre to put' the accounts iu a mcreonr
tits shiiiye rather thou any other. • .
the CNA IiCILLOR of vise EXCHEQUER explain.
r 4. lie said the {louse would see that the errors
-complained of arose from the mode in which thy
were d,rrcted to be kept by Act of Parliament.
Sir Hussy .Priagits. did' got mean to oppose,
the motto!, fur a Committee, but be wished to isle
press upon the mind of the Chancellor of the Ex-
chequer that he had not gone far enough ; fur it
was not a simplification of the public accouuts only
presented' to Parliament that was necessary, but of
the entire system. Ile held in his hand 811 extract
Irons a statement made by Mr. Stedman. the Ac-
countant-General, iu 1810, which stated that R sum
of fourteen millions a nnually passed through his
office, slid he had no hesitation in saying', that if u
proper system were adopted, the accounts of that
office might be kept Enoch more clearly mid regu-
larly. There were besides, various omissions in the
pubic accounts. For instance, no account was
gives) of the supplies grained. which would enable
the Muse to see whether a balance remained on
hoods. or whether the entire was disposed of. He
tart-, fore thought the present measure would be
rendered much more s Morin if it extended to the
entire system. He could see no objection to this
Proposition, ft.r it would not materially increase the
labours of the Committee.

Mr. Naga Moons expressed a hope that one
general accuuut would in future he laid before the
fluose of all the deprodei.cies of Gest Britons.—
They well enough knew the sums that were diniU-
ally voted to Maintain them ; hut they were altoge-
ther ignorant of the resources derived fro•.+ them.—
He. therefore. hoped. these resources would be
carefully examined and explained. and that the
public accounts would nut only he put iu an
tulellt-
xihle shape. but placed. before the House at a pe-
riud vuffiriently early to be rendered useful.
kir. LuminaTom said, the object of the Ho-
uourable Geutleluan who had just sat down would
he fully accouiplimhed by the motion of his Hight
Horouroble Friend, the Chancellor of the Excite-
suer; end there was ors doubt the public accounts
would be placed iu the bands of Members at the
tircemari time.
Air. Ewen could not concur with his Honour.

able Friends in 'the expectations they entertAti
ed of the great benefit t i be derived from Ibis CuOisy
snittee. lie did hope, from whet hid passed lint
year, that a Committee would have been appointedi
to inquire into the accounts generally; and lie
thrust/14 it extremely advisable that they should
report at different period, the progress they had
- -
-our U P. Ithicb the lanai on
ttiale tittle directed Mould. lie 'die
best mode of managing the sinking find; for by
the form which was elm on at preserit, it wini,
in fact, only paying [gooey from one pocket iota
the other. And he understood an alteration was
about to be made its the sinking fund, which would
probably form a part of The Chancellor of the
chequer's budget, and which would alter 11111
essential feature. lie alluded to the Alen for coo-
ing to multiply the compound interest upon
the triokiag fund. If that were to be done,
and the sinking fund were to be limited to
five millions. Would it not be better et once to
strike off that amount Irmo the national debt, and
get rid of the enormous sums pan.' to clerks tar the
management of it ? They had heard numerous
statements of the great increase of trade, and the
exports of last year exceeding by so much those of
twiner years; but, so far from that, they were con-
siderably diminished. He well knew the principles
upon which these calculations were made, and if
those principles which were acted upon during the
war were found erroneous the ecioney they were
departed float the better. 'These were the objects
to which, in his opinion, the attention of the Cum.
mittee should be directed. One good, however,
would be done—the Committee would be appoint-
ed; and he hoped the Cliaccellor of the Becher:per
would give so a'surance, that. at the end of the
Session, the Committer would report the progress
they had mode, sod be re-appointed at the corn-
mencemetit of the next Session.
Mr. J. MARTIN thought the Committee had
been appointed rather la,te ie the Seseiou to etrible
them to complete their duties, and he therefore
hoped they would be revived.
Sir Jotte Neweouw was of opinion that the
Committee should proceed scriufkm, and repurt
from time to time.
The Csiaiscitu.oit or the EICHEQURIL objected
to partial reports being mode by a Committee
intrusted with an eatetelite inquiry, es it must
necessarily lead to great iiieohvenience.
Mc. caararet.t., adveruug top recemme.odation
which he had before wade to the Muse to abolish
the present method of working the sinking fund,
and reduce the fund awd isfaihinery of 17 Millions
ennyally to the real einoant-Ol'thyee or five nril
whichever i,t wee, rrialnd to know if the Bight
Hots. Gentleman Ilro4 tiny inteution of subjecting
that question to the Committee. He had been
given to uudenitand diet there would be no objec-
tion to send title enblic.to;the Cpruittee for coo-
eridetatiert;' •
Tin CAIAWCII.S.Pie of the EJLENEQPiII repeated
what he had stated before, that it might he useful
for the Committee to inquire how far it would be
practicable to new model the law a; pertaining to
tho emerations of .01; *inking fund ; but he had
ittrer ItsitA out 'toy initimanun of any intent op the
tart of Gamut:Wag as to a recoustiuctiou of the
seeking feed.
watt then "grey to.
The tfreisiitac a.h t,r lesddinaritMents
wereordered to re4rred to the said Committee.
The Seditious Meeting. Amendment Bill was
read a second time.

One of

Mr. DENISON mowed for the Committee on
this Bill for this day fortnight, when be proposed
that it sLould pass the Committee profornia, and
the debate be taken. after the circulation of the
Bill among the grotlemen of the country on the
bringing up of the Report.
The Conamittee was fized for this day fort-
night.
The Report of the Irish Malt Duties Repeat
Rill was brought ep; and afters short ctinverratiO4'
between Mr. 'S.. IRICi, the CI,IAIKI/1.L4 or the
Exciiieviik .60 §ir J. DrimbigT. on the
latices to distillers isrlsicha. as far as we could
leans from the low tone amok...in which the Right
Non. Gettileman answered questions prot to
his, were to be Id. tier quari,q 'EN Report Tits
°Meted to be taken into cousideratiou on Wednas-
neat.
4.31 r. BERNAL gave notice that he would to-ntot.
row move for accounts of fees charged by Brttleh
Consuls Genenti.
• The oilier Orders of the Day were dispels' ed of,
and the Room adjourned. .1

•r~ -IYi3 r.n fl'i

FOREIGN INTELLIGENCE.

MADRID AND LISBON PAPERS.

♦ERA CRUZ, JANUARY 2.
The reinforcement of 400 men from the Havan-
na!' for the garrison of the Castle of San Juan de
caused by its arrival a fermentation in the
nods' of the inhabitauts of this city, who flattered
themselves with the hope of being speedily delivered
from the (frigu►anfe/ yoke which promises nothing
but anarchy and tonal,. As the Servile' united
fur a moment with the Coryphei of independence
to overthrow the Constitution, the farmer having at-
tained this object cannot agree with the latter re-
specting the system to be Adopted ; and tlius every
thing threatens an awful explosion tit the new empire.
Numerous libels sod inflatunistoiy papers are in
circulation to get rid of the third guarantee, " the
uniox of the Estropeant and Americans," because
they are eager to get possession of our property,
and the insolence of such writers has got, to such a
height that it has attracted the seituus attention of
Ituthide, who has denuuncrA the abuses of the
press to the Regency, and the latter to the Supreme
Junto, that the must energetic measures may be
immediately taken against these abuses, which may
involve the country in anarchy.

MADRID, APRIL 3.
An express has been received to.day from Pam-
peltins, bnitging extremely agreeable information,
which fully confutes the futal predictions and au.
damns inculpations which attempted to raise a
doubt of the patriotism of the people of Pampeluna.
The decree of the Curies for the dissenting the vrp.
luniary militia had been carried into effect by the
pendent conduct of the Polama! Chief, and the
other Authorities, with the greatest order, and with.
out oily opi.osition whatever, The inquiry into the

dist 'Rhona; of the 19th 11 'prOieetliggtrif ocis.'
Papers, 4.1 ApriL) ‘41%
• moor. mimeo se.
TO THE PROVISIONAL JUNTA Or GOVERNMENT
Al PERNAMBUCO.
There having been laid before the King the Note (A) of
Mr. E. Ward, (large d'Affaires of his Britannic Majesty in
this Court of the Ist into aceogzattiot he the lelltt Mgt
fre General* ofilte same nation at -Brazil, of the 28th
Febrsary latht feinting to tit, Finish* of Roe TarliTegnstondli
in 'hal kingdom, fur the 'valuation of the British mansfse.
terra, sod the order (1)) of the Soorreigo Coostreeii-iis this
respect ; his Majesty /milers, by the Begretary of Mate for the
Affairs of Finance, that the PruirisiosatJlola of the Prowiuce
of Pernambuco shall immediatelyistaith! peeeesary orders
to the Director of the Customs, *tot other competent autheni.
ties, In proceed without tom of time to The reform of the said
Tariff, cunfoint.bly tu the 15th Article of the Trelly ofCinsii
',free concludrd betwers this Crown sod bin Britannic Ms.
jesty, and to remit the result through the 4v:wary 4110
same department to he presented to the lovereiro Cuogreni.
Circa at the Palace of Quebec this 11th of March, 1822.
JOSE IGNACIO DA COSTA.
A similar order has been addressed to the Pro.
visional Juntas of the Provinces of gio de Janeiro,
Alaranham, Para, Paraiba, St. Paulo, Caere, lint
Grourk de S. Pedro du Sad, Santa Catbanie, and
Alagoas.
Besides the above circular to the Junta of Brazil,
'pother has beep addressed to them reprobating- the
arbitrary proceedings which hare been complained
of by the British Government, of exacting, besides
the regular duties on Britisb manufactures, an ad.
ditional endinibitrary win to cover the increase of
the duty whit* may arise from the new or future
Tura, a practice highly lamentable, and contrary to
the treaties •hoppily subsisting between the inn;
nations.
• An official report has been received from the
Captain of his Majesty'. Irigate Lo Pavia, an-
nouncing that lee has beets ha fortunate a. to rupture
the Buenos Arrea corvette the Herniae.—(Lisbon
Papers, March i 9.

PARIS PAPERS.

-

t4llllll, APRIL 15.
The Austrian Government py4hslies absolutely
nothing respecting the 'affairs of the East. The
Alwiriest Mangler Mtn ems OW. Private letters
pay. that 81. sic Lolsow lassoes imen treated of late
by the Ministers of the Porte`with the respect due
to him,
Pe
both,
tilt as orprpTojitiv,, or the Court of Vi-
eq2. 4id (44 tiltrlePel eilirTfcief•
Merased Diet will:mama its sittings on the
111th instant. It is still believed that an important
communication will be made to that Auembly iu
the name of Austria, relative to the present situa-
tion of Turkey.—(JoaTisal.de Pau, April IS.)
The, ietlete hags Madrid (sap Tie Ceststituti-
oauteki, received by the post to-day, contain nothing
important. The Cortes do not sit during tise.baT
tiFpvit of Passlon Week:
Thgbanker, Rothschild, has set off for London
for the purpose, it is confidently said, of negociating
a loan for Austria in that capital.—(Joansol de
Park).
FRENCH FUND.. APRIL 15.—Five per Ceti'.
Consols opened at 86 f. 50c.; closed at 86f. 110 c.
Actions of 14cl:14111/4.1,580f. 1,677 f. 60 c.—(Coare
Aldhenlipe, April 15.)
PETERSBURGH, MARCH 20.
The new caroms tariff for the Russian empire
is in the press, acid will appear in a few days. The
greatest activity reigns hi the War Department,
and couriers are daily dispatched to the army. It
is now a fortnight since Count de Wittgenstein,
General-in-Chief of two carps of the Russian
army, left his head•quarters to inspect the troops
under his orders. It is informed from this that hos-
tilities will soon commence. We have this instant
learned that orders have been received by all the
Post-maateritd retain their horses in readiness fur
the' journey of a great personage ; it is thought
that it is for the Emperor himsllf.
• I,IIAILIFORT, APRIL 9.
It is affirmed that the Ritiglf England and the
Arcbduehesa Maria Lonisii, Duchess of Parma, are
expected at yirona tilwardie the end of the mouth of
May of this year. ••
News hid been ieceived at Odessa, that the
TurVedri G ove,insetst ja iusiil iujt Const•iinnople.
.ll4otat 10,000 men Irx:ettlyloYed on these works,
which are thrown up in great haste.
The most contradictory accounts are circulated
respecting the Greek and Turkish fleets. Some
letters stilt continue to affirm that there has been a
nova; action, iu which the Greeks were victor" t•
others assert that hothleg is yet decided; lastly,
there are letters which pretend that the Turkish
fleet hus returned to the Archipelago. We expect
with impatience the, new. from St. Priersburgli;
it is supposed that Alairifesto of Russia will
soma appear. • 1. 1
FRANKFORT, APRIL 10.
The following is communicated from Hamburgh,
under date the 6111 instant:L.

The news which now ptevails is, that transactions
of the highest political importance, and tiegooiltions
of great interest, tete on foot between Great Britain
and Denmark. Private letters which have reschtil
ns, both from CoperihaFen mid London, concur in
their details on this subject. The pOlicy of Eng-
land, it is said, is opposed, with all possible energy,
to a war, *lnch would have for its object the ex-
pulsion of the Turks from Europe, and the occu-
pation of the
.Siraiis of the Bosphorus and Dar-
danelles by the Russians. It is affirmed, that in
case all efforts to prevent the invasion of Turkey
by Russia should prove mistime...fill, the English
Government has it in view to execute the long-
merlitsted project of taking possession, by coment
of Denmark, of the Danish Isles, in order to have
dominion of the Sound and the two Belts.
This mimeo re ll.tfrctually close all egress from
the Baltic Sea into the ocean, and subject the
mr-
►ititne commerce soot intercourse of Rus•ia and
Prussia to art collie dependence upon the Court of
London. At first, wily the cession of the fort of
Elsineur, which commands the presage of the
Sound, was spoke.. of; but now more extensive
plans are concerting. Prince Christian of Deu-
mark, presumptive heir to the Throne, an intelligent
Prince, *ho has trserlled much, and who was au
ocular witness of the revolution at Naples, is at this
moment in Pero., where he has recently arrived
from London. During his stay to the latter caw,
till, he had frequent eouferesices with the Marquis
of Londooderry.
It is known that had not the Princes. Charlotte
died, Great Britain would have bees: in dread of

LOND,ON.
FRIDAY, APRIL 19, 1822.

A Flanders Mail arrived at is late hour last night
with Papers to the 16th instant. The fallowing
are extracts :

Btopel APRIL 15•

The official Jo rust multaiStiiise following ar-
ticle :—" We learn that qn the 3d of this mouth an
extraordinary courier set out from the Hague for
Rome, and that his departure, and the stay of his
lExcellency the Director-General of the affairs of
the Catholic worship for some weeks in that town.
make it imagined end hoped that a Concordat will
be shortly concluded between the two Courts : the ,
erection of I new Bishopricks in the kingdom
is even spoken of."

Our accounts from the frontiers of France say,
that the Marquis cit 4potillmte Intatinues to inspect
all tbe garrisons of the fortresses in his division.
He his every where found reason to praise the di.-
cipliotrandippd. spirit that distinguish the troops.
We are informed. that erniveeries have endeavoured
by oriptiaw4 ukancemvres to excite a fermentation
among some regiments, but they have completely
failed, there never was shown such strict vigilance
along the whole westheria frontier with respect to
strangers wins pans that way.
Captain Maskelvcoming from Cette, on board
the brig La kideliti. was stopped on the North
Sea by a pirate, who took •way his water, Ins
liquors, and the best part of the effects of the cap-
Lint and the pilot.
The Chevalier Deboussits, Governor ist the
Province, liss issued a proclamation, dated,
Mons, ..ddirteed to the Burgomasters end Mayors,
exhorting them to puy the greatest attention
to strmigers, lest any ill-designing persons should
enter and try to excite disorders, especially
meiiinging ix rsord us ry events or troubles pre-
tended to 'Mtn among our neighbors.—(Brussels
Aprkl6.)
The Austrian Observer. to the 6th of April in-
clusive, is still wholly silent with respect to Greece
and Turkey, rod tp the negociatious at Vienna.

Le!tem from 04essa to the 23d last state, that
the intercourse between that port and Constanti-
nople remains witboot interruption. We ne►er pre.
sumed to give a positive asapranee of the final re-
sult of the negociation between Turkey and ltustia,
and we flotter ourselves thet those of oar contests-
porariee, who, venturing beyond their depth, an-
nouuced war as actually commenced, bare Bo meson
to be proud of their speculation.

The Paris Papers of Monday last contain a very
srousiog spec..lation, purporting to be derived .from
flamburlfh, relative to • proposed exchange between.
the Kings of England and Derma'. by which the
kingdom of Hanover is to be cedrd w his Dollish
Majesty for the islands of Denmark sod the penin-
sula of Jutl.ud. This eveur, however, which is to
give to Wood the complete control of the Deltic
Sea, is nett we are told, to be 'Mogi], unless the
nations of the Mediating Powers should fail in ac.
commodstiug the differences now subsisting be-
tween Itus.is and the Porte. and preserving the
latter horn the ambitious designs of its great rival.
We cilium sufficiently express our surprise at the
fabrication of so ridiculous a ronsour, or our con.
tempt fur the understandings of those who could

fu i entertain a belief' is the Cloth et
such • statement.

The Coniiiiiitiootael contsimi Xi article which aft
recta to be an account of the Prbcedings in the
Tisrkiih Divan on the Beth Febrility, wises, it woe
resolved that the Porte should OW er.cn Mol•
davia and Wallachia. Not being 'wire of the sys;
tem of reporting that prevails in the Divan, we
most be excused if we do not credit the iiiithentleily
of this dokumeot. The totae has been.
known, and it matters little in what form ills quio:
lions for the deliberation of the Multi food the
Ulemas were proposed by the Grand Vizier. or in
what term. the gnawers may have been returned by
the lawyers and doctors.

Madrid Papers to the 4th instant, and Lisbon
Papers to the 29th of last month, have arrived
at our Office. The former give us the aistisfsc-
tory assurance that the city of l'ampeluils, where
the public tranquillity appears to have been not
long since seriously disturbed, again enjoys a state
of perfect repose. It cannot be doubted dist the
existence of 9 large French force upon the Nattier.
of Spain, exercised a very extensive and dangerous
influence upon the minds of the factinus, friends of
the old system of aibitrary power, in the north-eastern
provinces of Spain, and it is therefore not improbable
that in proportion as the Spanish Government exerts
sufficient energy to compel the Cabinet of the Tune.
ries to remove its sanitary cordon some distance
from the frontiers of Spain, the hops of the in.
"'genii will subside, and tranquillity aria visit
the distracted provinces.

It will be teen by the Lisbon Papers that ■ seri-
ous complaint has been made to the Portuguese
Government. on behalf of the merchants of Greta
Britein, of a new Tariff and certain exactions to
which British commerce has been exposed jo the
Brazils. The complaint has received immedirneet-
tention. for we find that the King of PORTUGAL hes
addressed a circular dispatch to the several Govern-
ments in the Brazils, requiring them to reacted the
new Tariffs, and to make compensation fur the
exactions that may have hero hitherto extorted
from British traders. The only question 00* is.
whether the local Governments wall obey the com-
mends of the King?

A Select Committee was appointed yesterday
evening in the House of Commons, on the motion
of the CHANCELLOR of the EXCHEQUER, for the
purpose of considering the best mode of simplify-
ing the public accounts relating to the national
debt. the national expenditure, and the trade sad
navigation of the kingdom. The object proposed
to be attained by this Committee is not alone a
change in the mode of statiog receipts and dis-
bursement'', for the purpose of rendering the ac-
counts laid annually before Parliament more eanlv
intelligible. Were the labours of the Committee
confined even to this point, they would be very
profitably and advantageously employed; but we
collect from the CHANCILLOE of the Enos-
(MEWS answer to one of Mr. GRENVELL'S ques-
tions, that ihe Committee will have to inquire into
the expediency of reducing the tso►niaal sinking
fund of 17 millions to the actual oue 4, four or
five millions, or whatever it may amount to in
reality. Accounts have recently been ordered by
the House of Commons with reference to the inves-
ligation of this most important subject. These
accounts have been printed, and from them we col-
lect that the total capital of stock redeemed, as it
stood in the names of the Commissioners for the
liquidAtiog of the national debt on the sth Ja-
nua►y 1022, is 403,970,0951. To this is added
the capital contracted for by the sinking fund loan
of 1221, amounting 10 16►296,8751, making a
total of 420,266,970/. This capital includes
5,209,633/. redeemed on account of outstanding
Exchequer bills, but does not include the sum of
180,296/. Irish 5 per cents. redeemed in England.
The money in the hands of the Commissioner,
which ought to be available for the redemption of
more stock, amounts to about 17 millions, and if
suffered to operate as was originally designed,
would quickly relieve the country from its present
utinatuial burden. The necessities of the Govern-
input, however, have driven Parliament to in►ade
this sacred trust, and to defeat the hopes of the
country. Twelve millions of the sinking filed are
annually diverted from the payment of the debt to
the current expenses of the country, and alter al-
lowing for all charges and demands, it is hoped
that its the present year there will be an actual
sum of five millions available in the hands of the
Commissioners for the redemption of so mach c -
pital stock. There can he no doubt that if the
sum of 12 millions thus diverted from its Irvin/ate
use, be merely received with one hand by the
Commissioners for the purpose of its being trans-
ferred with the other on the instant to the CHAN-
CELLOR of the EXCHEQUER, it is so idle and au
expensive mode of transacting so much of the
public hinnies'. Circuits ought by all means to
be avoided, mid it will be a question for the Com-
mittee to consider whether it will nut be expedient
to demolish so much of the machinery of the
sinking fund. and to cancel so much of the re-
deemed stock standing in the names of the Com-
niisansisers, as will be equivalent to the anneal in-
terest of twelve millions. Such a measure would
not only tend directly to simplify the publicise-
comae, but it would alto save to the country all
the expense attending the mausgeotent of so much
capital. and the subsequent appropiiation of sit►
intereat.
Upon this subject soother topic is started fee
consideration. Admitting that it were expedite
to simplify the machinery and action of the siukbuic
fund by reducing the nominal to the soot