The National Register.
London, England, 1822-05-06 00:00:00

HOUSE OF' COMMONS—(SATCROAY.)
annuitants, subject to bUfh regulation tz us are :ApitlicLble in
encb
B..—That it is the opinion of this committee, that the
pmount of this ettaige h.llO hi en rnrrerted, principally
▪ the long timid and I xtendeti exertiolit 4.f the late
• from the rum of about 6:10,0J01. to the said sum of
5,1 90 000.
4. it is the opinion of this committee, that under
thi• great accumulation o' annual charge, and is the present
state of the country, it is expedient to make provision for
uppiati.diing this titirthe n so 11, to ensure its lin& t ittinction,
either to an equal annual annuity, leinonnble within 45
years, or by permanesit untio.tiev, with such pins ifitUll fair
She repay meta thereof us is requited by the Act S 2 Geo. 1 H.
C. 55.
/10.—That ii is the opinion of this committee that the eons
missioners of hi• 51 jst Trea•ury should crest and contract
(WhieCi to 1134 approbation of Path: meat) with sigh bodies
sailitir aid corporate, or other persons, as may Neil iiiing to
issidertake to provielv for the charge of the above-mentioned
petisiotis nod ttiluwa. ccc, ur any trait the' col, in either of
she above modes; and who ',hal give adequate security for
the performance of such undertaking.
Colonel DA VIES declared that the scheme was out
comprehensible.
Sir J. Is EWPOIIT also, observed, that he could hardly
say he understood the resolutions, for as far as be cotnpre-
bolded them, he could not declare he approved the plan.—
lle del nut see why the soloing of the pl,in into dieet
e.itild nut lie con,igoeil to the viiminis%ioners fur dimiiii,•hiug I
the 13,i,ofial debt ; it all, all%alli.kee bete to he derived train.'
the operation of the lie lwetie, he thought the public must Cll•
Uulyd to the
- -

After ii..tnrofirii;;atititis from several menthert,
Lord LONDON OfOf RV entered into a defence of the
plait proposed to he trimmed fur paying the pensionti and
lidlfiitiny of the army and navy, and comrade,: that it war a
plait fiat-041er! in relieve tl.e country to a eel tain extent at
pt. sent, as t at the same time, that by set ving a sinking fund
5,1.00,c0(11. at compound interest, we should pi eserve
politic faint, alal still keep iu view the good of our posterity.
Mr. GILL N FELL considered this measure as not at all
affecting the bi liking fund. As to the other merits of the
pl.. a, lie a mild malt till the hills Ott the subject acre
brought to before lie eithi r gave support ur censure to the
plait.
Lord ERRING-TON considered this measure was an attack
Oa the sinking fond, but it would gip to relieve the people
from n portion of taxation, and therefore he hoped it would
be r+•rried still further next session.- . . .

51i. ABERLLY wished to see the sinking fund I..ken
nt mice is tvitio ti. a ut t.ttation instead of pout.% this new
armhole in motion at a vet y considerable expellee.
Mr. WILLIAMS conticunned in lute um tinatict systtm,
and evecitilly the me;:stme of paying on' the ft per cents., Its
%Judi 1,000,, 001. h I
-ce.. lidded In the public debt, Ml 4
the pin Imo plupused %until hose the sliest of increasing
it sti'l further.

Artier SOM. observations from other members, the re,oltt•
Sion, of the CliaLeellor of toe Est:higher a ere agreed to.
The other or dr IN here them disposed of, turd the flume
labour ued.
TIIVIISDAY, MAY 2.
Mr. NI ARRYAT presented a petition from certain inerrilants
of London, against a bill now before the house for lacilitating
the intercourse between the West India Islands and N. America.
—Ordered to he nn the table, after some remarks trom Mr.
Bright, Mr. Ricardo, &c.