The Sun.
London, England, 1847-05-05 00:00:00

.LTha Earl of ELLENBOROUGH was glad to hear
:i4t the Government entertained the intention of assem-
' 11)11_13g two squadrons in the course of the summer; but
e considered that the carrying out of this inten-
; .4eti materially depended upon the ships at pre-
rilt
fasteat Lisbon. Thus the navy of this country,
b mode being practised in the arts of war and in the
thest of defending their own country, would have
eir time uselessly wasted in the service of a foreign
4311rItry, because he feared much that the practice which
.keeY would be enabled to obtain by the assembling of
I,` 89uadron would be lost by the absence of those ships
L
n Lisbon. No doubt the Noble Earl (Earl
;',_ Auckland) now sincerely regretted having
74 induced by the Foreign Office to send
the ps t? Portugal. Had any good been done by sending
r ships there ? On the contrary, they had every
-re.aeon to believe that the presence of the squadron at
alsbion had postponed the settlement of Portuguese
bers by leading the Government of that country to
'eye that they could still longer postpone that settle-
baent with safety to themselves. He deprecated the
• Interference of the English Government in this way,
and considered that no good would result from it.
pize did think this question was a subject of grave im-
etance. Nearly two-thirds of the disposable fleet of
the"nri tyttand was at 'Lisbon. He felt deeply in regardeQ to
4,,nlish navy. It was not sufficient to afford them
The Marquis of LANSDOWNE did not feel it
iordpel; to
.interrupt the Noble Earl, but there could
IhBt
have been a speechlistened to. ade more out- of place than
t which they had j
ro",ba Earl of ELLENBOROUGH here said he had a
°tie% to put, and gave it to the Clerk.
The Marquis of LANSDOWNE said, if the motion
448, of the same character as the speech, it was most
h." of place and very irregular, as notice ought to
sere been given of his intention to move
would not enter upon the speech of the Noble Earl;
would
now would be delicate and ill timed. But
British interests were just those that formed the object
th '"e interference the Noble Earl referred to, and when
• 4t"lne came to explain fully the reasons that had placed
b et where it was, it would be seen that British interestsd
afor dictated silence on this occasion. But he claimed
llielself as much interest in the British navy as a
th2l, exhibited by the Noble Earl, and he was happy to
t 0.7 the effect of the disposition of the forces had been
\• inspire their own merchants with security and
• n ers With respect for this nation.
▪ to:urd BROUGHAM agreed that the subject was far
grave for discussion without notice.
,t- ,
4 The subject then dropped.
•
BANK OF ENGLAND.
WIIARNCLIFFE asked whether any applica-
▪ ~,eaa had been made to the Bank of England by the
uovernment for advances from the former beyond the
Banal amount required upon deficiency bills for the
en
rrent public service during the latter half of the yea
1846, and down to the present period ; and if so, whether
there would be any objection to producing the corres-
pondence, or written communication connected there- With ?

The Marquis of LANSDOWNE said, in the first
Place, he had to state that, far from complaining of the
question having been put, he thought that at the present
tmmoment it was a natural and fit question to put. With
ePeet to the question itself, he could say distinctly that
7ond the mere formal and constant correspondence on
ths Subjects usually discussed between the Bank and the
ellevernment, and which formed part of the usual ma•
delnery of Government, there had been no correspon-
ti "ce whatever on the subject of the Noble Lord's gees-
?_ll but it was true that the Chancellor of the Ex-
e.."_equer had had, from time to time during the last
'Planer,
aUbj e personal communications with the Bank on this
ct, but none of them taking the shape of written
—LreaPondence, and in the courso of these communica-
zetitsthe Bank has been constantly apprised of the de-
vd:uus---not much exceeding the demands of common
icra---that the Government would have to make upon
acierit Of the excess of securities in the Bank, of which
ezernuch had been said, ho might observe, that the
sen-nerisa4ad been much more an excess of private
On the than an excess of Govern.m.ent. securities.
we 9th
of January the private securities in the Bank
4rat4,400,0001., and they had risen on the 14th of
1018;627,00a; and at the moment when the ad-
111ces of the Bank to the Government had been the
the Bth of April, namely, the amount of pri-
_te3securities was 18,136,0001., being many millions in-
Zre_ar e beyond what it was at the commencement of the
,•7„21L. If there was anything to lament at this moment
,a4B
the regard to the monetary affairs of the eountry, it
L., pressure to which the Noble Lord had referred;
,11 considering the variety of causes which had occurred
calculated to give rise to that pressure—considering the
t
raordinary state of the country, the great demand for
llrimportation of food, instead of being surprised that
Btich pressure should have come upon the Bank, his
Y surprise was that it had not been felt much sooner.
"'ad precautions been taken at an earlier period the
Pressure would have been less severe: he trusted, how-
neer, that it would soon be overcome, and he could con-
qvci ntly state that it was the anxious desire of the Go-
ofnment and the Treasury not to add to the difficulties
the country by any interference with the management
the Bank, but to leave that body a sole control over
Its own affairs.
,Lord BROUGHAM was of opinion, that considering
itue very extraordinary circumstances that had occurred,
:.„ was not in the power either of the Bank or the Go-
Ili/nem to have prevented the crisis that had hap-
r`tntLed, which might fairly be traced to the failure of the
i,P7t,t° Crop, to the vast importation of foreign corn, and
ihle continual drain on the money-market for supply-
- hni capital to the carrying on of railways, which
uounted in less than six weeks to a sum of 3,000 0001.;
these Were circumstances which must necessarily lead to
deranged state of the exchanges.
• Mere the subject dropped.
SANATORY BILL.
The Marquis of LANSDOWNE presented a petition
from the mayor and burgesses of Cork, praying that the
provisions of the present Sanatory Bill for England be
extended to Ireland.

EDUCATION.
The Marquis of LANSDOWNE presented a petition
in favour of the Government scheme of education from
Nottinghamshire.
RELIEF (IRELAND) BILL.
The Marquis of LANSDO W NE presented a petition
from the Poor-law guardians of Limerick, praying that
the House would not sanction any laws which would im-
pose additional burdens upon the tenants.
POOR-LAW.
The Marquis of LANSDOWNE presented a petition
from Stepney in favour of an effective Poor law.
LANDED PROPERTY (IRELAND) BILL.
The Marquis of LANSDOWNE, on moving the order
of the day for their Lordships going into Committee on
this Bill, observed, that their Lordships having permitted
the Bill to be read a second time without any explana-
tion
of its provisions, he felt that it was but respectful
to their Lordships, although he did not anticipate any
objection to the measure, to state briefly its general pur-
teee and object. The Bill was founded, he need not
their
Lordships, upon the circumstances which were
Peculiar to the present state of Ireland; and after the
'various discussions which had taken place in Parliament
Pon the subject of the condition of the people and the
agricultural industry of that country, he believed there
there but few of their Lordships who had not arrived at
re opinion and conviction that vast improvements were
cultivation, thrired to be made in the agricultural management of
country; and that, upon an improved system of
skinvation, by an increased application of capital and
the future state of prosperity and even safety of
Irela
tb_, must mainly depend. It was in proportion to
Lordshipstt
c-',.°rrn, and to these undertakings, by the investment of
..41?ita.1 in the cultivation of the land, that they could an-
ticipate effecting any remedy for the present state of
llgs, or derive any collateral benefit from those other
:trmeasures which their Lordships were now engaged in
all carrying forward.—measures which it was admitted on
hands would require the cordial support of their
th
_rush ips, in order to their being rendered effectual to
deny
.:,promotion of the general interests of Ireland. After
" reflection which he had been able to give to this
putting aside every prejudice which he did not
,`,7.T137 entertaining in favour of that part of the United
Kingdom, he was deeply convinced that it was by the
agency of the landed proprietors only that the stimulus
Could be applied for introducing an extended system of
agricultural improvement in Ireland. If that improve-
tnent was not to be carried into effect by the proprietors
of the land, he knew not by what means that improve-
ment could be given to the condition of the population
of the country which was requisite for the purpose of
providing for their subsistence. Their Lordships could
hardly think that in the present state of agricultural
destitution in Ireland any improvements could be intro-
duced by the tenants of the land ; and as little did he
suppose that their Lordships thought it would he com-
petent to the Crown itself to undertake, even if autho-
rised by Parliament, a system of improvement to be
carried into effect by the Commissioners of Woods and
Fore•ts, whatever confidence their Lordships might feel
in the Administration, or however much they might
wish to see discharged the duties of applying machinery
to drainage, and to the making of improvements of
every kind for one great object, and under one authority.
The obvious solution, therefore, of the difficulty in which
their Lordships were placed was that of giving, under the
circumstances of great disadvantage which they at the
present time experienced, aid and assistance to the
landed proprietors, by which they might have additional
Motives for exerting themselves in the improvement of
their own estates. Their Lordships were well aware,
I°r it had been repeatedly urged in the course of the dis-
cussions on this subject, that the proprietors of Ireland
Were not in a condition, with respect to the possession of
capital, to command the means by which they could at
°n, ce, and at ono stroke, in one year, commence a system
of
Z.: improvement. If they were to attempt to do so, it
°111.:1 deprive them of their income, and in case of being
1.31 debt would deprive them of the means of paying the
Interest upon that debt ; in short, it would impose upon
hem duties which none but capitalists could undertake
to discharge even in this country. If such would be the
s-}lte) of things even in England generally, their Lord-
-I.IPs well knew that it was the case very peculiarly
1:1th respect to Ireland. Their Lordships knew that a
dery, large portion of the property in Ireland was very
deriving
mortgaged, so that it was impossible for persons
from Property
nothing but a life income, subject to charges,
devote Property which they only nominally possessed, to
a sufficient sum of money necessary to introduce
co change in the whole system of cultivation of the
_ iintry ; to substitute new modes for old ; new
i_lachinery for that which has been hitherto in
:le, and so to act upon the industry of the la-
bourers,e of the country as to effect a total revolution in
their habits and social condition. But their Lordships
entit
reallyus be convinced that nothing short of this would
improve Ireland, or would give satisfaction or se-
ythere; nothing short of this would prevent Ire-
bir_ for the future from being what it had unhappily
a in the past, a weight and an incubus upon the re-
SOUtces Of this country. It would be taking yery