The Sun.
London, England, 1824-03-09 00:00:00

!nide, and to 'go into every shot; with a view of finding what
lla medium price was would he endless and impracticable. He
had now stated the means by which his Right Honourable
Friend thought he should benefit thoso.engaged in the trade,
as well as the public at large ; and in his views upon that sub-
• iect he (Mr. Buskieson) most cordially concurred. He would
I}.losverencay s a few words. as e ration of this measu with -
e to the throwingto ofth silk.ope The effects of that sre ystemre of
1110nopoly to which we had hitherto adhered, were in that respect
'most injutious. It was the cause of our inferiority, both with
references to the silk itself, and to the machinery which we used.
Btit now that system of equality was, about to be adopted,
he had no doubt that the result would be a considerable lin-
Provement in the throwing, weaving, and all the other branches
of the manufacture. There had been, he was aware, a strong
e,eling excited as to the danger of
_competition; and he, Mr.
rouskieson, was equally well aware that this danger had been
greatly exaggerated. His Majesty's Government was, how.
ever, willing to give every fair consideration, even to feel-
tugs of danger, which they were convinced was imaginary,
consistent with the duty, which they owed to themselves
and to the nation at large. Instead therefore of making
the termination of the prohibitory duties on the impor-
tation of silk manufactures contemporaneous with the ter-
!inflation of the duties themselves, his Right Honourable
Friend proposed that the prohibitions should not determine until
the'
26th of July 1826, a period of nearly two years and a half.
Hear t)---In thus announcing the determination to which
his Bight Hon. Friend (the Chancellor of the Exchequer) had
come, he (Mr.. Huskisson) could not say that it had met his
unqualified approbation. Indeed lie thought such a procras-
tination of the measure as perfectly unnecessary, and he would
have preferred that its operation should commence immediately,
antl be tried for one year, when he was convinced that its resuls
would prove the great advantages to he derived from such a
lYstern. Butthere was something, he owned, due to the feel-
tags of individuals ; and the great point being to establish certain
teat principles, it was a matter of comparative indifference
whether their application took place immediately or was deferred
jor a year or two. The period which his /tight Hon. Friend
bfixed wits less than many of the persons leterested required;
ut he had thought it better to extend it, in order to give an
Pportunity to those who, from honest but mistaken views, had
expressed their opposition to the measure, to re-consider the
Stieetion; and avail themselves of the interval to make such
nnProvements as would conduce to their prosperity under the
new System. He (Mi. repeated his conviction that the re-
sults of the measure would be found highly beneficial both
With reference to the extension and improvement of the trade.
These were theprincipal measures which he was authorized to
Y before the Committee, and if he had succeeded in making
himself intelligible, he trusted the mode of carrying those
?Measures into execution would be found to give satisfaction--
1e had omitted one regulation with respect to manufactured
goods intended for exportation which was, that all who were
I:sasessed of such goods might deposit them in warehouses, and
nen ready for exportation should receive a drawback, propor-
s:io;florteo the. duties paid. Haying stated this, he did not
;Pik he had omitted any thing else. He should conclude
with saying, that if he gave his unqualified approval
-te'ate,,hu measures of his Right Hon. Friend, he did not do so
esonhanY overweening attachment to any particular system of
f, economy.—(Hear, hear I )—He had seen too much of
eal,„-grullfdicated nature of commercial affairs to become an en-
in any system ; but he gave his approbation to the
suer ass
of his Right lion. Friend, because he felt convinced
were founded upon sound principles, and that their
©reign'
with reference to the prosperity of our commerce, both
villetwraeri,sgn and 'loth estie • would prove most beneficial.—(Hear,
bear I)—lf' he 'was accused of entertaining over liberal
btiUpon the subject, he must plead guilty to the charge;
was the 11:i:est sure
t he
that the liberality which lie advocated
system which
as, while it removed jealousy in rival
nations, it procured the highest advantages for our own.—
ersed; in a mere commercial point of view, he was sure
at the which was mostliberal and most enlightened,
would be ultimately found to be most beneficial; and if he
r• Huskissona was liberal to other countries, it was be-
"use he felt satisfied that by adoptihg that course he best
eoe.sulted the interests of his own.—(Cheers.)—The Right Hon.
lieettleman then proposed the following Resolution :
" That it is the opinion of this Committee, that from and
after the 25th day oflalerch, 124, the several duties and draw-
hacks on the importation and 8
exportation of the several sorts
of. silk herein after mentioned shall cease and determine ; and
also that from and after the sth day of July, 1826, the pro-
hibitions on the importation of Silk Manufactures shall cease
and determine; and that the following duties shall be paid
in lieu thereof ; that is to say, on silk fiom and after the sth
April, 1824, viz. : •
" On Raw Silk, or Knobs or Husks of Silk, or Waste or
Floss Silk, thepound, 3d.
"On Thrown-Silk, not dyed, do. 7s. 01
" On Manufactured Silk, from and after the sth day of July
1826—For every 100/. of the value thereof, 30/.
" That it is the opinion of this Committee, that from and
after the sth day of April 11324, the bounties on the exportation
or Silk manufacture shall cease and determine, save and except
on any of such mantefactures as shall have been duly shipped
for exportation, or shall have been warehoused for that purpose
on or before the said sth day of April 1824.
" That it is the opinion of this Committee that upon all Silk
imported, upon which the duties shall have been paid, and
which shall be warehoused on or before, and remain ware-
housed until after the 25th day of March, 1824, there shall
granted the following allowances, viz.:—
" On Raw Silk imported from any part except the British
territories in the East Indies, ss. 3d.
" On Silk thrown from Raw Silk so imported, ss. 10d.
" Oa Raw Silk imported from the British territories in the
Xast Indies, 3a. 9d.
" Oh Silk thrown from Raw Silk so imported, 4s. lid.
" On foreign thrown Silk imported not dyed, 7s. 2d."
Mr. BA RING put a question across the table to Mr. Hua-
i', "s°N, and a few words passed between them which we could
1)11:L1i; r. The Hon. Member then proceeded to say, that al-
the speech he had just heard evidently left a great im-
wiet;asion on the Committee, he had listened to every part of it,
great ut being convinced that the measure was not one of the
Leest clanger to the country. He was ready to allow the
.1-iernv :epent every credit for what they did. They took upon
ously acrtZgreat responsity, and he believed they conscienti-
coehh.e. „uon their best view of the real interests of the
Nay wojuldlee hoped
nothingabout
therefore, that he was to
considered in hostility to his Majesty's Govern-
'neat' He was of opinion that his Right Honourable Friend,
in pursuing the
had chosen a most trines to which he was so much a friend,
principlee. unfortunate subject for the exercise of his
manufactory the curse of a monopollky.d
Ilia eight Hon. Friend ta e about the silk
'What had they
res. discutsinb that night, but the monopoly of the West
ahoia trade e .1f they were to have free trade, let them have it ail over the world. But the Right Hon. Gentleman selected
.aiheinterest which was in a feeble state, while he dared not touch
.4;3 more powerful ones. It was admitted that this manufacture
.linferior to that of other countries, and the remedy proposed
.r_rn improving them was, to admit French silks to compete with
iuf_
and
our own market. He should like to known if our wool-
-o:tae• tcl)d cottons, and other manufactures had risen superior to
,nJrturs., e
scforeign countries, by having admitted them into our
praeltels • The Hon. Member proceeded to contend that
Franc The
insurmountable advantages over this country in her
littizisy".lip and in the superior fineness of her silk over that of
here was no demand for our goods abroad, excepting for
we_ Mixed with worsted or cotton, and for silk stockings, which
fottr_ , ode entirely of India silk. If our other manufactures
mous! their way into the foreign market, then there would he
theen,od for challenging a competition. But the only market
gez_ae und was in the home-consumption ; and the Right Hon.
eeauetth men proposed to let the French in and destroy them al-
'4ihillerh If treaty had been concluded with France, by
eacsibesen engaged to take other articles from us, then he would
'of tr,i, thel silk manufactories altogether. But this was freedom
ta 1 oil one side, and all against outselves. It was impos-
teauatn_h ahe hianufacturer of this country could work upon the
Per hout‘ht;ie rench. The throwing of silk cost here from 4to Bs.,
2 atki 'uu I in Italy the same process was performed for between
Tll, and then it was exported under the name of Organzine.
azid six Port duty which this article paid in England was seven
seep4treence, while in France it was admitted under a duty of
_Neaps • Yet the Right Hon. Gentleman told them that theme-
et
e urers of this country were to compete with those of France.
Loador°llo sequence of the measure must be that all the shops in
colours be filled with French silks; and the Ladies finding
tl:phoautit,teeile()Uviveerrsi better quality, and an article at a lower Price..
idie mode or;
think of buying any other. He firmly believed
bringing absolute ruin upon this numerous class.
•°, be kept 0 removing the duties would cause the labourers
thee woul 14111?'
alteration t of work during the whole time previous to the
ni,g lace. For the credit of Parliament he hoped
trladiscl, art :°°lt Into the question for themselves, so that they
some more to shew than a report of the House of
weelbulunit few years hence they found a large class of the
was ,peakitpirredueed to ruin by their measure. He knew lie
at en to little purpose Rs the feeling of the Committee
lair, gaged on • • •ed the other aide of the question. But he enter-
uPpoe, °rig feelings against the measure, and would firmly
AI
'LACE "'ICE, after remarking upon the importance of
elhnatee
tiereminded the House that no opposition bad been
s were measure, but from Members whose Constitu-
,l_l: aid aPprehensive of danger to their individual interests.
o ri,e„Het blame them for thing such a course. He had
ceiyehZ
Ito blame atly man' for defending what he coh-
egre Ice his o • l certain
sb_ e ,_ wrr interests ; but there was on y a
House
•ena b eaten to be attached to such opinions. The
wheerc:mtious departing from the principles of free
ese o.aheved. ver they had an opportunity of extending it.—
there must be something peculiar to this mono-