The Sun.
London, England, 1822-05-02 00:00:00

PARLIAMENTARY PAPERS.

MILITARY PENSIONS.

Resolutions proposed and agreed to last night in the Committee
on Provision for future Payments of Naval, Military, and

other Pensions.
(Mr. CHANCELLOR of the EXCHEQUER.)

1. Resolved—That it is the opinion of this Committee, that
the amount of the Military and Naval Pensions, and Civil
Superannuations, may be estimated at about 5,000,0001.
2. That it is the opinion of this Committee, that this sum,
calculated as an annuity guaranteed by Parliament, may be
considered as a burden, forming a charge upon the public in-
come of the country, for the lives of the annuitants, subject to
such regulations as are applicable in each case.

3. That it is the opinion of this Committee, that the amount
of this charge has been increased, principally by the long du.
ration and extended exertions of the late war, from the sum of
about 650,0001. to the said sum of 5,000,0001.
4. That it is the opinion of this Committee, that under this
great accumulation of annual charge, and in the present state
of the country, it is expedient to make provision for appor-
tioning this burden so as to ensure its final extinction, either
by an equal annual annuity, terminable within 45 years, or by
permanent annuities, with such provision for the repayment
thereof as is required by the Act 32 Geo. 111. c. 55.

5. That it is the opinion of this Committee, that the Com-
missioners of his Majesty's Treasury should treat and con-
tract (subject to the approbation of Parliament) with such
bodies politic and corporate, or other persons, as may be will-
ing to undertake to provide for the charge of the above-men-
tioned pensions and allowances, or any part thereof, in either
of the above modes, and who shall give adequate security for
the performance of such undertaking.
If the Pensions are now Five Millions a year, they will, at
the end of each one of the ensuing 45 years, be of the follow-
ing magnitude:—

£5,000,000
After the year 1, 4,855,856
2, 4,711,708
3, 4,567,559
4, 4,425,561
5, 4,283,563
6, 4,141,565
7, 4,001,749
8, 3,861,932
9, 3,722,116
10, 3,585,494
11, 3,448,872
12, 3,312,250
13, 3,179,476
14, 3,046,703
15, 2,913,930
16, 2,786,136
17, 2,658,343
18, 2.530,550
19, 2,410,392
20, 2,290,239
21, 2,170,077
22, 2,058,439

After the year 23, £1,946,801
24, 1,835,163
25, 1,732,433
26, 1,629,803
27, 1,527,124
28, 1,433,929
29, 1,340,734
30, 1,247,540
31, 1,164,113
32, 1,080,6
33, 997,2
34, 926,47
35, 855,687
36, 784,900
37, 722,536
38, 660,172

. ,
39, 597,807
40, 544,487
41, 491,167
42, 437,847
43, 392,302
44, 348,757
45, 306,679

PROPOSED RESOLUTIONS FOR REGULATION OF
THE CORN TRADE, APRIL 29.
(mt. nusxissom.)

1. That the ports of the United Kingdom were shut against
the importation of foreign wheat, for home consumption, in
the month of February, 1819, the average price being then 78s
7d. a quarter, and that they have remained closed ever since ;
the average price of the year 1820 having been 655. 7d.—of the
year 1821, 545. sd.—and of the three first months of 1822, 475.
9d. a quarter.

2. That in the year 1819, the quantity of British wheat im-
ported into the port of London was 300,416 quarters ; in 1820,
399,009 quarters; and in 1821, 494,828 quarters; and that
during the whole of this period of three years, the supply, in all
the principal markets of the United Kingdom, appears uni-
formly to have exceeded the demand, notwithstanding the
wants of an increasing population, and other circumstances,
which have probably produced an increased annual consumption

3. That this excess of the supply above the demand mus
have arisen either from an extent of corn tillage more than
commensurate to the average consumption of the country ; or
from a succession of abundant harvests upon the same extent
of tillage ; or from the coincident effect of both these causes.

4. That in the fluctuation of seasons, the effect of the present
corn law must be to expose, sometim;;s the grower of corn to
the losses incident to an over redundant produce, and at other
times the consumer to the pressure inseparable from dearth ;
that the free importation of foreign corn, (the remedy provided
by the law for the latter evil), if wanted to a great amount,
must be precarious in proportion as the demand is unusual ;
and that against the former evil the law affords to the grower
no relief whatever.

5. That the alternate evils of redundancy and scarcity cannot
fail to be aggravated by the alternate excitement and depression
to which the agriculture of the United Kingdom must be ex-
posed, under the present system of our corn laws.
6. That another evil effect of this system is, to convert farm-
ing into a hazardous and gambling speculation, which, however
prudently managed, must occasionally involve great losses to
the capitals engaged in agriculture.
7. That a free trade in foreign corn, subject to certain du-
ties on the importation thereof for home consumption, was
at all times permitted, prior to the Act of the .55th George
111. c. 26. ,

8; That since the passing of that Act, by which such im-
portatiOn is prohibited until the average price of wheat shall
have reached or exceeded, for a certain time, 80s. a quarter,
and other grain in proportion, a great accumulation of foreign
corn has taken place in the warehouses of this country, and of
the continent.

9. That to obviate the prejudicial effects of that Act, and to
ensure a regular supply of grain, at prices as much as possible
steady and moderate, it is expedient to provide for the repeal of
so much of the said Act as prohibits, under certain prices, the
importation of foreign grain for home consumption.
10. That in order to render this repeal safe to the grower of
British corn, and gradual in its operation, under the present
accumulation of foreign grain in the warehouses of this country
and in the ports of the Continent, it is expedient to provide
that the foreign wheat now under bond in the united kingdom
may be taken out for home consumption, upon the payment of
a duty of 15s. per quarter, as soon as the average price of
wheat, ascertained in the usual mode, shall exceed 70s. a quar-
ter; and that at the expiration of three months from the date
of such admission of warehoused wheat into home consump-
tion, or so much sooner as the average price shall exceed 80s.
a quarter, wheat from abroad may be admitted, upon the pay-
ment of the like duty.
11. That the trade in foreign corn shall thenceforth be per-
manently free; but subject to the following duties upon im-
portation, or when taken out of warehouse for home consump-
tion :—wheat, .15s. a quarter, when the price shall not exceed
80s. iand when above that price, ss. ; and above 85s. one
shilling;—rye, peas, and beans, 9s. 6d. a quarter, when the
price shall not exceed 535.; and when above 535. one shilling ;
—barley, bear, or bigg, 7s. 6d. a quarter, up to 40s. ; and
when above that price, one shilling ;—oats, ss. a quarter, up
to 43. L and wheb above that price, one shilling.