The Sun.
London, England, 1839-07-06 00:00:00

;servatio non the obligation of honour, he had been rnetirr
1-
, the NobV.! Lord, who had stated it was impossible that con-
' tiderationq .11f private honour could ever be permitted to in-
terfere with pablic duty. They were asked for a pledge to
make good thegieficiency : was it the meaning of the resolu-
tion that they w•eve to impose a tax to supply it ? Suppose
there should be a deficiency in the Post office, but an ac-
tual increase in thc jt-oss revenue, would they be bound by
the pledge ?
The CHANCELLOR of the EXCHEQUER—No.
Sir R. PEEL—That wOuld be an additional reason for
Inot entering into a pledge so indefinite. When were they
to be called on to redeem- this pledge? At the end of one,
twa, or three years? He could not understand this pledge,
sand be did not believe that the Right flo.o. Gentleman
w*,uld find that Parliament, on the th July, would bind
it'd: by such a pledge. The thing was unexampled, and
.'. it was only intended to get rid of the difficulty of making
i up for a deficiency of revenue, by
i
imposition
of a new
the
tax. It was a mode of proceeding
discreditable to Pir-
• 1 Hal:tent, and dangerous to the public credit bystating
i that they expected a deficiency in the ' '
public revenue.
There had been a deficiency for thelast three years.
Considering the complicated state of all places in the
t world--considering the state of Canada—
wi' 1 might not
I be a permanent one ; yet, looking at the Jamajc' i
lookine• at the affairs 04 the East—looking at thee pa ffau-rg-ra-
.l
tions that had been tirade by France to meet- trhe.me --
1
I looking at the frontiers of India, which though the eEaT
I India Company might be expected to submit to for a time,t
1 might not continue to do so—what was the House called
upon to do? Th.: Right Hon. j;enticman, referring to
the opinions of Lord Ashburton, anJ anticipating a de-
! fiCieney of one million and a half, invited Par:L'inent to
I give a pledge that they would make goo.'l that defie!ency.
He was not prepared to run the risk of the proposition,
1
but if he were he would infinitely rather dor .it without a
pledge. If this country was to expect a taxation of
1,500,000 L, would it not be thought that every particular
$ _branch of manufacture, or every particular cOnniaociity
4 might be made the subject of taxation ?—( Hear, hear.)
''t But when was that pledge to be redeemed ? Was
11 it to be at the end of the first or second year,
1 or when? If they were to redeem the pledge at the ex-
piration of one year, then they were to be called upon at
that time to supply that deficiency; and there had not been
a reason alleged Ivily they would not have to be called
1
upon to supply those deficiencies. There would be just
the same reason for calling on the House to supply the de-
ficiencies that had arisen for the last three years, i as there
, would be to supply the deficiency that arose from the
if Post-office, and with one million short this year of the cxpen-
I diture, they were about to hazard losing 1,500. ,0001. next year,
t and to content themselves with a pledge to supply that which
was perfectly indefinite as to the amount, or as to what the
taxation was to be by which it was to be raised. He must
gm. rierramemeseansees.......--..................................