The Sun.
London, England, 1832-07-28 00:00:00

we understood the Noble Lord) so few countries in Europe
unvisited by it, and there has been but little security
found in restrictions upon trade. The Right Hon. Thro•
net says that I lay too mut h stress upon the contraction
of the currency. Certainly Ido think that it has had a
great effect upon the trade of the country.—(Hear, hear.)
But, he says, that if I thought so, I ought to take
care that the Committee upon the Bank Charter
should terminate its labours before the end of the Session.
Re says I ought to state the opinion of the Government.
But, Sir, I think it would he extremely inexpedient for
the Government to give its opinions on a question which
the House of Commons had referred to the consideration
of a Committee.—(Hear. hear, hear.) He says, the ef-
fect of the Uncertainty will he to cause a contraction of the
currency. But I cannot think so. I believe, if the af-
fairs of the Bank be properly conducted, the extent of the
currency must depend principally upon the state of the
foreign exchanges. He says, Parliament never separated
before in so much uncertainty respecting the state of our
foreign relations. But surely, Sir, the Right Hon. Gen-
tleman is aware, that the cause of the uncertainty is, the
negociations are not concluded ; and, whilst they are pend-
ing, the Government Would not be justified in making any
disclostirtA.. tilt this much I am ready to say, I hope
40. d trust there is nothing in those negociations to make
us despair of an amicable conclusion.—(Hear, hear.) As
far as I can see, there is no reason to be apprehensive of
war. On the contrary, I think there is every hope the
pending negociation will come to a favourable conclusion.
—(Hear.) Those were, I believe, the principal topics on
which it is necessary for me to make any observation in
reply; and I can now only express the satisfaction which
I feel, that the House has generally admitted that I made
my statement fairly, and that I have not dealt in any ex-
aggeration.—(Hear, hear )
Mr. IRVING contended that the Government ought to
be prepared to bring forward some measure respecting the
tank before the end of the Session.—(Hear.) With re-
spect to the Colsnial policy of the present Government,
he must say, that It was fraught with the greatest perils.
The effeCt *as such, that there was one Colony, St. Lucie,
from which not one hogshead of sugar had been this year
imported.—( Hear.) The conduct of the Government
Was past endurance.
Mr. K. DOUGLAS said, that as the Noble Lord the
Chancellor of the Exchequer had made the adoption of the
Orders in Council a condition of the fiscal relief, he was
bound to controvert the assertion that they were imprac-
ti"Wes by laying before the House some documents, to
*how that they had been adopted and carried into effect in
some one of the colonies.---(Hear.)
Lord ALTHORP said that the present was not the fit
time for going into the discussion. When the question
came regularly before the House, he should be ready to
give the fullest information.
The motion was then agreed to.
8,450.0004 were voted to make good the Supplies
granted to his Majesty for the year 1832.
1,411,3334 were voted from the surplus of Ways and
Means for former years for the same purpose.
13,896,600/. were voted for the Service of the year,
to he raised by Exchequer Bills.
The House resumed ; and the Resolutions were ordered
to be reported on Monday next.
MAYNOOTH COLLEGE.
Mr. • RICE moved the order of the day to take into
consideration the postponed grant to Maynooth College.
After some discussion, the House divided--
For the Resolution
Against it 8
Mory-
The otheraj
Orditers of the Day were then disposed' of, and
the House adjourned at Half-past Two o'Clock.

The following
If fr points in the financial state-
ment of Lord ALTHOST are worthy of consideration :
om the total expenditure of the yeir be deducted the
interest of the funded and unfunded debt, and the dead-
weight expenditure of army, navy, ordnance, and civil
e
establishments, the balance, which is the sum on which
eonnmical reductions can be made, does not much excerd
12,000,000/, The positive reductions made in the esti-
mite. of the year arr 2 162,051/.,--a soul greater thin
could well have been anticipated. In salaries the Duke of
WELLINGTON'S Government, which was an economical
"el made the following reduction :-
1828 .£1851,941
1829
IWO

Total for three years 340,f 89
In the year 1831 .he present Government reduced under
the same heads 231,353/. But further measures have
been since taken, which will increase that sum by at least
100 000/. ; and thus in a year and a half the reductions of
salaries effected by the present Government will be equal
to the reduction of the three years preceding. The excess
of the income of the year above the expenditure of the year
will exceed 700,0001.—Tunes.
The CHANCELLOR of the EXCHEQUER
made his financial statement yesterday, a statement emi-
nently characterised by that candour which is universally
admitted as a distinguishing trait in the Noble Lord's cha-
racter. He did not in any degree attempt to conceal or
palliate the depressed condition of the finances, and in his
prospective view showed no disposition to raise any fa-
vourable expectations in others, or to indulge in them
himself. On the contrary, such was his evident desire
not to overrate the resources of the country or the chances
of improvement, that we are inclined to think the result
Will prove him to have made his calculations with too
much diffidence. His anticipations, as announced yester-
day, may be summarily recapitulated thus:—The de-
ficiency on the year 1831 was 1,200,000/. For the year
1832 he calculates on a surplus of 700,000/., and the
deficiency therefore on the two years combined is esti-
mated at 400,000/. The Noble Lord, after giving full
credit to the late Government for effecting great redue-
tions of expenditure, proceeded to state that still further re-
ductions had been effected by the present, and that all
their exertions would be directed to this point ; but that
if, after completing every possible retrenchment, the na-
tional income should still he found inadequate to the expen.
diture, he would reluctantly be compelled to apply to Par-
liament for the purpose of strengthening " the sources of
revenue," or, in other words, the laying on new taxes. It
is obvious that this would ultimately be the only efficient
method of meeting the emergencies of the State should
no improvement take place, but we trust that in this re-
spect the expectations of the CHANCELLOR of the Exciir-
QuEit may be agreeably disappointed.—Morning Post.
SIR GEORGE BINGHAM.—By what autho-
rity the gallant Major-General presumed to assail a re•
apectable a gentleman as himself, without provocation, on
the King's highway, on Saturday last, and call him a
"a rebel," at the same time directing his Lancers "t.,
cut him down," we are at a loss to know. Mr. Hons Err
was riding quietly and unaccompanied, when Sir
GEORGE BINGHAM 1101100 d, " Here's the head of the re-
bels--cut him down !" The gentleman was driven into a
ditch, and his horse speared by a dragoon, and he was
Marched, a prisoner, for a considerable distance, though no
informations had, been sworn, and no warrant issued to
authorise his arrest ! This trampling upon the laws of the
land, by a Major-General, smells strongly of a concerted
Plan to force the people into active resistance—passive re-
sistance being found too efficacious a means of overthrow-
ing tyean,:it and injustice—and too strong to be crushed
by artillery and bayonets. Mr. llonfizTT has, however,
adopted the wise course. He has tendered information
for an assault of the most gross and unjustifiable nature
against Sir GEORGE BINGHAM : he ought also to take an
action of defamatfbn against that offier for calling him the
loader of a rebel band. We are strongly tempted to think
with Mr. HODNETT, that Sir GEORGE'S loyalty is not, at
l events, slackened by his pay. To him loyalty is by no
to events,
an unprofitable profession. The rank of Major-
General---not a " barren elevation" either—the hope of
fpreferineut, and the full pay of the third military com-
mander in Ireland, are no mean stimulants to a man's na-
tural predilection for the maintenance of the existing order
of things.—Dublin Freeman's Journal.
LEGENDS OF THE RHINE.---We arc re-
ques.ed to state that this new work by the author of
Highways and By-ways,.. (Mr. GRATTAN ) will be
ready for publication in a few days, Ordersi there-
forb given izninediatuelEyr,toaenniußr.eitAearr y copies. Agents
Scotland, Messrs.
and for Ireland, Mr. JOIIN CUMMING, ,DEOuTEIL, Edinburgh;be a ~1
to h
also at all the respectable libraries in the king d,
Yesterday afternoon, the Lake Tourist coach
Ns upset on the road between Keswick and Cockermouth,
about a mile and half floin the latter place. We repel
to state that Miss SKELTON, a lady of respectability, had
her leg fractured at the ancle, and the limb dreadfully
lactrated, so as to render immediate amputation necessary.
Two gentlemen had each a leg fractured, besides being
very much bruised. Another passenger had his arm
broken. These were all outside passengers, and we have
not heard that any, of the inside p,ssengers sustained serious
injury. The coachman lid his ancle dislocated, and is
Very seriously bruised. The accident arose from the reins
‘if the leading horses breaking, by which they became un-
manageable lvbile going down a hill; the coach was run
qf the road and upset with a tremendous crash. As soon
!ti the intelligence of the accident arrived at Cockermouth,
Alr. Pvncs, of the Globe, one of the proprietors of the
'pact), despatched carriages for the conveyance of the suf-
Z4lf•res, and showed the most humane solicitude in their be-
-• ifllitehaven Herald.