The British Press; or, Morning Literary Advertiser.
London, England, 1824-04-29 00:00:00

HERTZ )fuSrni:i:.

FREEHOLD ESTATE, LAND TAX REDEMII:D, BE-
TWEEN HATFIELD AND lIEItTFiI O; BEAUTI-
Ell. RESIDENCE, OF} ICES, PLEASURE ROUNDS,
',Asps, WOODS, &c.; ABOUT SEVENTr-FOUlt
ACRES.
By W I NSTA 100 l St/NS,
t DELIGHTFUL Flt EE1101,4 ESTATE, Lantl-
IV Tax Redeemed, called Itl It!rt; 1.1..15'E, in the parvh of
Essendon, a very picturesqtL• part of the county. A substantial
brick-built residence, planned for the ascot niusiation of a I i mule-
man's family, placed oa a Ivautiful clt ration, in a paddock of about
1i acres of rich meadow land, sloping towards the South. with
shrubberies, thriving plantar ions, dry gravel wall,s; and onm:tient/ad
with noble oak and other :revs; to. sth,r itth a roost pleasant
wooed of about 10 acres, laid out with •-de,,sive szravel walks, ste.
formed witli taste, and stored with loPy ;Me 0... ks :tad coppie„,, and
surrounded by seven convenient ii.,•lomtcs of meadow land.,
making together about .11 arras: and th. whole emate about
seventy-time acres, ail compact. The Ileusc etiatains a I...mstime
portico front, and a omservatory, a lofty etc nince-dall. excellent
dining. roma, anti.reatil, drawl 7.1,r00m, arid 'them y. all handsomely
fitted up; lobby and water-cdi,...t, a principal staircase, nod two
secondary staircases to the lird ',tory, which contains five excellent
bed.chanibent, two dressing-rooms, bi.th-rodni and water-eh-sin ;
over the shove are two roomy pleasant lied-c:tambers, one Messing-
room (which apartments, a ith adioinim; bed-room, are :Mit maid v
calculated tit a governess or nursery est ibitshment), six servants'
bed-rooms and store-room ; the UrtICC4 comprise a butler's pa itry,
excellent kitchen, scullery, Littler, servivits'-hall, hotiseketTer.
coon. four good bed-chandlers and store-room. dry roomy cellmivg
under the house. and mein r offiAs; detached is a capital
house, wasldtouse and Lot dry, good dairy, senility. baked
knife and shoe room, wood mid poultry houses,strible-yaril, tionblc
cont-litittw, three 'dahlia for It) horses. w oh lofts over ; farm and
stack-yantl, cattle and cart sheds.loose
and out-buildings; a capital productive turli n, walled round and
planted with tie fruit tr.ms. mil u, gromal„ Ac.; the whole well
supplied with water ; distant tr0.,1 laintbot shout 1:1 miles, l from
Hatfield, and 5 from lferttOrd, in a most tespecvable nvighlout-
hood, and good roads in all dine:V.)l:s, and in the immediate vicinity
offox-hounds. The whole in complete repair. and immediate pos-
session may be had. The household furniture, old wines, and
effects, may be taken at a valuation.
To he viewed by tickets only, ivhich, with podealsrs, may be
had of Winstanley and Sovi, l'atcpiotttrrow.

. ,
• • AlTTrica Or Tor.f.'4Trt rya?.
The intent excited by the 'undo: relative to the relniffta;....
meet of the nate per (tents, which fame on for diecusilon teefint,
attracted a vast ear.eounie, and the:rails-ries reserved tbr Pali. Am.
beasedoes, the Coined of Stet*, and fernier Depotleil' tittle
crowded.'...
' if ).
M.; DC LA kto US bow VATIC twe to oppose the Leh rip ' ..
Its object had been te gedneeinteren neon money, ti. put ,4: d
to speculation,. and carry a dde of capital into the chainels een.
metre and semolina'', be would have eeffe'd?' rr°Prz.4" ire OOP"
tion ; but when he saw the uneven of this brie& feiufichadhillen
operations diamenieally apposed to the result sntielpatedA)rheo,
inmate! of waiting fee dm reduction of interest upon mode be
firmly estiblished by the fens of thing., it was sought Its cloy
the hereof haws; when. Indeed of raking attar ofglepc :i
prim of nodes, and the little sharer which it to sfikall. -s
to satisfy their cupidity, that timidity was stimulated tryittic pla-
sma' of a profit ef 23 per cent: ippon the new loan ; • *We matt.:'
violence was offend* dm meditate of the State in inettrim the: .
4tel
accept a reduction of interest, which mold not op Olt of
leaving their capital dead for ail Indite time; wO. 4
loan created for hoiden a evils! 93 pit cent. team con •'"
than that which theepaid into the Treasury, be (the Hee:flee?.
mart) could not.oenceme what benefit meld accrue to the MKS /V.l •
a measure which was at once injurious to niefrateptidunice, and
well.tiedentood interests of.Abette who. en the Od.
hurdle* The Hon. Deputy Abair Vellasplai di the I„ e'.
which Mloistan bad left the Chem*: rebid* to the treaty eel -
eluded with the capitalism, who hat undertaken_ to etenkagnt .
operation, and the silence of the Commission in that +eyelet. Ifflk,
could the Commission propose the adoption ore lad of which it i
ignoiant? The law project merely announced the meant of meet •, •
tion, without stating what thostrreens were, and could the tita:.• -
bar, by adopting the project, leave the execution to the arbitri.•...!
will of Alintsters? The ivalor then examined whether the emir.:
lien wsajust with regard merely to the reduction of the inters'.
upon money. Its injustice, he said, was evident, spite pried .
transactions and Treasury bills still bore 3 or fi per tent; an,
upon 'Change, reports were done at from lit to 94 per Cent. lf
what moved more fully than argument the injuniee of drentoutL
was, the new mode of loan adopted. Irby, if the 'interest
money was at 4 per cent., was not the new loan propmW at tr.
price ? It would then, ecconling to the Ministerial systetti; ft ..blen possible at 'future period to have rrauced the interrib nt lee:
public debt another filth. It was admitted that the loan could :...
hare been effected at that Ivies, nod such slues:slop tilovad t!'•
the intense of Money Lad rot rally fallen to 4 per ant., I.( •
pretcoded. It was said that the new loon was tan:mimed at t'•.
rate.-since $ per cent. given upon 75f. was the same thief; as 4 T.
rent. paid upon the footing of Ingt: le dais contrect thcre env..
' be a conceal( d virtue, an occult merit, the secret of which rapitatist•
kept to themselves. This secret was speculation, which the nrojtct
I if it passed into a law, would tend to, cherish for a ling pang:
Tte next point alluded to by the Hopourable Deputy Was ::.
public burdens, which, he maintained, would tot be alleviated i
the meseure -proposed. If, said he, the hope of esplialats I.
realised, the Sinking Fund, beieg.nkligisd by the areatienef (I
new loan to redeem 3 pet aftits. rijeola above
.76f., and fir t;
price of its sacrifices obtaining Only stock at 3 poi ant, trainee, •
eerily requires greater number of years to extinguish timerralree..
debt than it would bare done before. Theorem, nent-sreuesr: •
shew that the measure would be of no Mimetic* to agneulture a..:
commerce, as it ocoild not occasion the catal Invested in the foot .
to flow into those "amine's. in the .first place it *al net ill wee
of capital that mausedeviculitiza 00,ennneggeetet langu ,b .
the want of consumgra, lend thetlbhi*r of qqatuniess would ant • ,
augmented by depriting a tertaln dess of the 'cominunity '. ask:
millions of income. The measure would min the a . ' •
without profiting. land-owner. Stockholders might be v` sr.',.
two eluses--thase who Mal upon their interest,. and ;homy pee.
Speculated in-the funds. Tlie ft.:enter, who bad need ofilicie,,ennn:.•
brow:, would not buy land. and would not have std illianst wen. .
deuce in other investments to withdraw their capital from she puL.i.
funds. They would have suffered too much by the reelection u:
their interest to hazard *rusher reduction by investiagtheiicep
in landed property. As to specniatom, the, counsel to them to boy
land would bete attempt to convert ptwsters, Those who bee
their fortune in theirPocket.books would not change flair lioness:.
I'lle regularity of payment, and the facility 'of transacting the ' -
&Rides without heartng'of taxes or inspeetons, had too mine 1e lc -
tions for a clam denoted to ease and pieasure, for evens reduce ~,
of income to leciff tbem in speculations brae ail . rani t..
themselves and titer ramifies. Then one pf tog nem:
occur neither the whole to of stock weield be- fe4 ' ' ' ye
.:.
would not, imd then the ' tion would fall. Thus the More a,
capital .fitagestnattire could not be allectid without . Vnn,
catastrophe. The power of choosing_ between*. sir..• redunisa of interest the Honourable Depot, end' to 'be
altogether Beira', it was fictitious, beguiles, if all 'the pull..
creditors respired reinthareement, it would be impoisablie to pi.-
them ; it wits also Beth:Mao borsuse the Government khertlatik •
impossibility of employing so immense a hide. Or eittitai4V pr.;.'
MT, would mall/ force stockholders to prefer 'reduction of Senn"
to the entire mustiest of their income. Besides, the reimburst
ment of 9,004,000,000 francs of capital, which 'won 'wrath 11.
cent. yesterday sad only per cent. to-day, truth" relmbursemet
a only faqir-hit* of ecepttal—for it was not the quanti•y
capital, which .ftestitined wealth, but the product% If all il.
raistell In Frames were at this moment to be doubled in vabge, with .
oat their produce augmenting, the proprietors would not be riders
" Thus," added the orator. ' let not the abettors of the projnt
say that the meditate have • right to require a reimbureement, 1d
that an integral 'Melba/sealant—they can neither do the mina, e,
other. They are at your mercy—they are absolutely dependent nee .
you, bemuse they sand alone, and fear ip Icen for some month.
the interest cf their capiteL If they coalesce, have an ondersturdiee.
and demand their mitersbureement, the .Minister Would tremble v
his turn, and the project would miscany. May (Jed, the protects
of France, inspire them with this resolution.; and the throne of a
Louis may yet once more 'scup* a crisis, the consequences •
which no.one can calculate. (Strong sensation in the Chaintwr.,-
The ureter next examined whether the iwimbrnoemeret vas Wi-a•.
Two diaerent legislatioes Fowl:lied the interuits of mittens in the
internal concert*. The cavil law which regulated the rigfits •
individuals, determined the form aid move of their contracts, a:-
sanctioned ea annulled the conditions therets ciprered; and -CI.
political law, which fixed the duties and relations of subj(eti n
wards then sovereign and determined by laws on finance the a:1t••,,...
of the sacrifices necessary to secure the dirtily of the tionno:ost:-.
the maintenance of public order, and the defence of the Stier. a.•
confound these two Imialationa, so distinct io themselves, and t •
seek to regulate the rights of citizens by minciples .‘t• political Is
or to subject the Sovereign atni fix the extent of his power by tt :
provisions of civil law, would be to introduce confusion into ...‘-.•
Government and disorder into society. To place the creditor llikk7
the operations of political and civil law, strordirg to citron,-
stances—to strip him by injostire and ries:erre; as nett i:. :he tlay..
of prosperity as in tin•es of adversity---werukl he n vevatitia a 11,0 .
tired tinma worse than the exactions of Turiath Pa. h:ta, who-e ei. .
lent and arbitrary system was never known to be taraiiroblz ..
credit. Such an abuse of poser had sometimes bean sancii.o•ed i •
law, and niii,-ht accord with an unrefeeting c;lannistration in nor
porno! possession of the power, but could never hi avowed lie ti• •
legitimate Sovereign. It was not in an age when acts of meth...it ..
were judged, that Royalty, shaken by thirty years of reaolaiin...
could dissatisfy without danger Illiti,faal faithful aubj,.ria, by 50,,..-
irr 100,000 *hen of families of their Minnie': Under r;reol .
stances when the Greeks could have rholly ente(hee, the pm. •Lr ~1 0
rival nation, Aristides said. ".Athenians, the Ille:reter Von-p.(46
to you is useful, but it is uniost." It was contorts. The utters: .
of the Minister of ratianco to 11117, when defending hie tten•tc: ii'.
a loan, should not be fore otten. lie said—" 1.11 f .r 4.11;!. ,r t
hooks In conditions do 1‘..:.h. s..ralt c•eseofirlfroo at 10',.: re x'.::-
/pigramt (pea payer dr slotp!rx (nit( eat, on it dovo frail l:.n• , . . .
ewe copilot." If the measure wera carried. all the t.;:,.r..s ty,,a(k
to support public credit, even by paying the debts of the li orate.:
Days, would have been in vain. Should the dating tat the itevol,
tion, the Rerublic, and the Empire have been neat rte it la:!, a.•.t
should the debts of Legitimacy, the debts which have men co, ~
the throne of the Bourbons. be partially paid? In enAt.: rarer.
the lion. Deputy mimesed his conviction that the Char. Arr nonld
nut sanction a project which would at once violate the faithi...rtigrA
anti ruin the the public ere ,hit--. 3 IA w which would ordain :", IL-.
th:Alan of the interest upon csnital, a . though it wee: by ors:er ts•
the SnveNi,tn, and not by the II ofetterred course of regaziaAtics IA
the public tif:cts that the rate of interest could be tiled.
31. litial.ViN, after alluding to the prAsturrus 'ace O
public finances, of which the intasure proposed was as
. .. . . . . _

..ot:.:l

proof, r
of, cat...sett his opinion that the State. t well care
individuals, had a right to deliver itself whenever it conh! ac-
complish it. Whilst approving the general principle 0.: the re-
sent measure. however, and supporting it by an iiale;;ittleat
he shoals) always be ready to oppose Ili:its:era whencver
swerved from t'• -se political- principles which he considered it his
duty to defend. legality of paying °if tie puii:ic crelllMT Ap-
peared front 1.911 th .it.tele of the re It. rfeht:v ..talcr-
.
stood ; arc! as to equity, the reimbursement ';cared to ato
holler n to:nlitler..bly greater than that which they lead m-
vest,,l. They t-3:1 Ida.r.isc for a king period received a higher rate
of Laetcst than teal., have been obtainial by any other ete.p.ot :went
of their capital. :a the same time that the public leurd
pressed less her vily upon th.,ni than upon 'her ei.,sees coal .
11111flity. The public cr.,!it-r, thervnire. had r, eau emit.
net aldaingli be tube Orator) admitted 41_ tient to ri-
enblir.e posses,al 01. ;0,-c nt. le I :! '•
use they had t0,0;.e of it. The crc nOt to
be taken ruatcarcs. Tire concealtn..nt of their
-nn they had the cer.aintv of being able to roes:' •e their,
was not at.:4-,g the frank:ie.. of a it 'pre-swat tee thiscr:nuent.
or of a trend, ti : • vast an t pi ration
ought rut to have been attempicd to !•.• car:iol LAO execution a:
once. It %cold have been wore advantagtas to botkputhe and
private interests to have effected it •,,,Tadually in s-..s owl year:. The
financial prosperity of tbe ctiontry WU evident, and what noomity
e,uld I:lere De Of carrying the capital of the &St to 4.1-100.44115.61111
francs, by neguciating the ti:ree per cents. et ;.'• franca. At 40-,.
don the Frtnch three p:r cotta. bah already been saki at Al Trifles.
It might he urged that, by prolonging the operation. the Sinkinl:
Fund would be a hirer. This was not probable; bat even it
were so, that loss would be preferable to the one which the tints: •
proposed by the .Mnhater involved. The details of the 37,00.1110e:.t.