The Sun.
London, England, 1853-07-20 00:00:00

LAND.

The Marquis of CLANRICARDE laid on the table a
bill on this subject, and briefly stated its provisions. He
said the subject had excited much interest in Ireland. The
draft of the bill he now submitted was prepared by Sir W.
Somerville, assisted by other gentlemen, in the winter of
1351 ; but circumstances had prevented its being laid
before Parliament. It was based on the soundest princi-
ples; it violated no rights, and introduced some important
amendments into the law. It was meant to deal with the
whole subject. There were already four or five bills before
that and the other house on the same subject ; and it was
most important that the question should be dealt with
generally. His bill contained fewer clauses than were
contained in the Leasing Powers Bill, now on their
lordships' table. It was a merit of his bill that it con-
tained no novel or original principle. The great princi-
ple embodied in it was, that the rights of both parties
should rest on contract, that those rights should be in-
violable, and that easy remedies should be provided.
The details. were divided into five heads—relating to
leasing powers, rights of tenants, rights of landlords,
compensation for improvements, and the procedure by
which these rights a,nd compacts were to be enforced.
All questions would be referred to the decision of a
single tribunal, the assistant-barrister, with power of
appeal. He hoped their lordships would compare this
with the other bills before them. The subject was so
important that a single false step would be fatal to
the rights of property in Ireland. (Hear, hear.) In
the two bills on their lordships' table, there were
enactments which they would be astonished to find
there. One was a provision making landlords liable
for improvements made by tenants without their con-
currence. In the Leasing Powers Bill there was a pro-
vision by which a tenant for life might wholly defeat all
the provisions of the settlement. This showed the ne-
cessity of closely looking into the details of these mea-
sures. He made no complaint about the lateness of the
session—he was ready to sit on till winter if necessary ;
but it was important that they should not pass bills on
this subject without examining them most minutely.
They must show the people of Ireland that they were
under the same law as the people of England. (Hear.)
The Earl of DON OUGHMORE hoped that the Go-
vernment would allow all the bills to go before a select
committee, so that a properly considered and carefully
weighed measure might be produced.
The bill was then read a first time.
SUCCESSION DUTY BILL.
The Earl of ABERDEEN moved the first reading o
this bill, which had been brought up from the Commons,
Agreed to.

The noble earl fixed the second reading of the bill for
Friday next.
The house adjourned at a few minutes after 7 o'clock.

RAILWAY SHARE MARKETS.

LIVERPOOL, JULY 19.
STOCK EXCHANGE.—Considerable improvement has been
exhibited in the share market to-day, and quotations re-
mained firm to the close, and the closing prices have been
reported as follows :—Aberdeen, 133 ; Chester and Birken-
head, 20ic. ; Caledonian, 34$ ; Lancashire and York-
shire, 77i ; London and North-Western (i shares), 3 p. ;
Midland, 718 ; Shrewsbury and Hereford, 1 d. ; South-
Eastern and Dover, 24, ; York and North Midland, 29.