The British Press; or, Morning Literary Advertiser.
London, England, 1821-11-07 00:00:00

off

tie the object %of a 'origiality alga expensive pre. 'tea
:vestige service. In the wean time the absence of vions
Beitiab direct and indirect taxes and public bar- mily.
dine, make a very avandlcent bounty to the foreign able
:verve., depreciating &ilia% capital sod still, '
-wad promoting that of tan k° coking**. Sorely

out oubortoctinl
operation; •od

'le 'spot froasti of
If we too afford exeasp-

•sckely. Fikbef it Pfecraiglilnrst* IYII. ?"1.
told Iliat Si" net tiperneg use pert w ch now horns
e.. Dantxie wheat TO the foremost on the list at
ores daily. • -.4,:isriiwe ietttiiiie. a 11*e-quid ante.
sfrered echirission Of-fisrelge pain would be sound
Artier." We art told thitt every protecting duty
it' relabel' to. commerce* 'We are told that We
alieukl onsisdon- Ourselves In the employment 'of;
stipplying the wllide world with usseufetteres.--'
Art, whim' sve•lbek • to the elfecrlif the duty re.
.ceotly imposed on foreign wool, as a protection to
.he agriculturist, end which we were told must be
ruinous, we find, by the Leeds Mercury, that the
woollen tr.& Defer war, in the memory of tionob so
and as now I And when we read the accounts of
German fairy, we find that British manufactures
vantiot be sold, even in our present confined sys-
tem of manttfacture. A free trade is an object to
he desired by an experienced and wealthy people;
but it must have the consent of the fundholtler to.
be adopted inuttedietely in the British Isles. But at
all events it is esireasonable to ask the landowner,

old his /roan( *Meiji 'WON N devote their for.
trues -to the illuttration of theories ; or, while ma.
unfactuees rentlies• shrouded in duties equivalent
to' prohibition, to offer themselves for a lonely
reperiment in political economy, the failure of
whiett would be followed by the erosion of their
patcmony aid their capital to fuudholders, mot,.
wagers, and Polish serfs. Situated se we are,
apprehension might be felt in acceding to
the principles •of a free trade thin iu districts
turely !stable, from the torture of our security from
competition iivalinoat all the most vsluabfe, as well
the most bnlky articles of oar husbandry. Yet
When I contemplate the situation of remote agricul.
send districts, and the poor upon them, to the ex-
terit they are in England, and the fioincial condi-
t init of the empire. I would nut concur in any peti-
tion for a free trade at present. A duty not so high
tis to be a p ohibitton, unless taxes can be ahewu to
en/Su:wise it tie be of that height, which I know can-
tle)t be the case, and merely such as would put the
Ibi+ish landed interest upon a par in point of oh-
"mules A. 411 I,tir prices with its foreign competitor,
to my opinion, would he not only just, but, in our
pi...twill electrovalence*, politic. I conceive that the
lenient steel I.lndlord mutt suffer the depreciation of
nearly thirty per cent. on their respective properties,
Notirif *lt other interests have ondergone by the re-
sumption of cash Tonyinents. I should wish to see
omen on this subject between the grower sod the
vuesumer, And I am most anxious to see such a
trade sti•will give back some of those comforts to
our operativeeend merchantr, to which I fear the
majority of them have been long strangers. I leave
teen told that by calling your aiteution to this topic
should make myself unpopular, and do no service
to any party, nett I sin fully erosible that I have
*sword myself to the suspicion of selfishness, mid
that I have advocated the ancient and unfashionable
practice of this nation, in opposition to the writings
of the ablest theorists of the age. But I have hopes
/list those Gentlemen whom I have the honour to
Antim..., and my countrymen of every rank, will be-
lieve the to have acted Ilion a sense of public duty,
and that toy sentiments are grounded on a convic-
tion that the interest of one is the interest of all,
and that Providence suffers no class of society to
rem, lien/trowel advantage in the depression of its
fellow'.
Provost CARLILIt staid it was with the greatest
rEffitlence he rose to 'give his opinion on this very
rinportant subject, especially after the able and
powerful speech orfhe Hon. Member. There were
;'S tills country two classes, which were called
the landed and manufacturing interests, and by a
concateicition of events they were both on the de-
• tine. Since 1810 hooded property had sunk in
value nue-fourth, mid the tame might be said of '
rt ititificturing property. 'rite), all knew bow this
lad occurred. Before the late war the value of
laud vr.is moderate, when compared with what it
rose to doting the war. At that time the labourers
were all etneloyed, and well paid, end every thin
went on smoothly and happily. The nominal value
of property had now fallen about SO per cent.; and
since the peace we had lost that commercial mono-
roly we had formerly enjoyed. The nations have
all concurred in the (rammer system too much—
, hey are all so deeply involved to it that it would
tie very difficult to return to a free trade. Such
were the industry and skill of our workmen, the in-
genuity and ereerprise of our merchants, and the
lierrection of our machinery, that this country had
• tithing to fear from a free trade. There was one
ireat bar in die way of a free trade, however, and
tiai was a natioual debt of eight heredred millious,
t`ie interest of which was thirty millions, and other
twenty millions were annually requited to inert the
vieencie• of the State. There are may two ways-
ri ..hitch this gre4 burden can be lessened. 'rite
iii•l is by economy, anti lie was gird that principles
tect hero adopted at the red of last Session of Per-
i 11114.1 tie trusted the Mististers at the begin-
s t next Sessiou would commence retrenchment
• ,•11(11 a literal scale as to produce a blessing to
t!:t. country. Besides the agricultural mid com-
mercial interests, there is another interest composed
cf rich Jews and greet 'nen—there is a mottled
st in the country more powerful than them
loth. The Jews had 800 millions of money im the
fiends, fur the interest of which there was a great
pert of the land iii mortgage. Money was never
pientier that) at present; Bank interest was re-
duced to 3 and 31 per cent. and it would he gene-
rous in the fundholders to conic forward with a re-
duction of I per cent. on the dividends, which would
be equivalent to sweeping off a fifth part of the
taiinnal debt.—(Applause.)—Since the alteration
t the value of the currency, be could not agree
with those who considered that such a reduction
would be a breach of the national faith. It might
give the Jews great alarm, but they could now
procure provisions, and purchare manufactures at a
very low rate. He was happy to say, that from the
I beapitess of the markets the poor were better off
than they have been for a long time; but still
it required care Mid economy, and if a poet mra