The Sun.
London, England, 1850-05-11 00:00:00

MISCELLANEOUS ESTIMATES.

Colonel SIBTHORI? wished to know when the mis-
cellaneous estimates would be brought forward.

The CHANCELLOR of the EXCHEQUER would
bring forward three heads of the estimates mat day week
if the discussions on the earlier business permitted.
In reply to a question from Sir H. WILLOUGHBY,
The CHANCELLOR of the EXCHEQUER said the
Savings Banks Bill was an important measure, and Go-
vernment, therefore, intended to give ample time for its
consideration. It would not be brought forward until
atter Whitsuntide.
LORD-LIEUTENANCY OF IRELAND.
Lord J. RUSSELL mentioned that on Friday next, he
should introduce a Bill for the abolition of the office of
Lord-Lieutenant of Ireland.

Colonel SIBTHORP gave notice of his intention t 3
oppose any advances of money on account.
STAMP DUTIES.
The CHANCELLOR of the EXCHEQUER said,
with respect to the stamp duties, he would, with the per-
mission of the House, state more fully what he intended
by this measure. He hoped the House would first allow'
him to state what had happened, and the difficulty iu
which he was placed in his attempt to introduce the
measure. He would then proceed to state what it was
he now proposed to do. He might here state that he
never said on the first occasion that the measure was
one which was intended to confer a great boon on the
agricultural interest. The Hon. Member for Bucking-
hamshire had misunderstood what he did say, from not
being present at the time. The Lords Committee had
pointed out the injurious operation of the distinction be-
tween the charges on small and large conveyances, and
this had induced him to propose a remedy. His object
was, that the poorer tenant should not be exposed to
more hardship than his richer neighbour. Ho proposed
to put both on the same footing. So, therefore, the
measure could not be considered a measure calculated
exclusively for the benefit of a particular in-
terest. No doubt the agricultural interest would
be benefited by his proposal, but that interest
would not bo exclusively benefited. Ho also stated
what the amount of relief was which he proposed to
afford, and how far he was disposed to go in remitting
taxation. There was, in the first place, rather better
than 450,000/. by the repeal of the duty on bricks, and
rather less than 300,0004 by the stamp duties, making
together 750,0001. That was the extent of relief from
taxation to which he proposed to go this year. When
he made his statement, he stated fully what his objects
were. No opposition was then offered to what he pro-
posed, and no finding fault with his propositions was in-
dulged in. From the apparent general approval of his
proposals, he was not prepared for the opposition which
ultimately arose. He introduced a Bill on the subject of
his proposed alteration of the stamp duties, to which
ptions were proposed by
soebvjeecratilonhseadwse.rec tearktaeinn tehxaetmranged themselves under
the Bill. It was supposed that he had intended to
s.theNnownoh.ehad
proposenever
yonsucehquaintabildeeam. orwtgabgaet
nothing but the removal from the Bill of certain duties.
the Bill t k place
oo
Gen-
tleman opposite had called the second Stamp Bill was
At the time the discussion on
er entertained a
du t
a single the clauses, they were passed without
proposed to
amend-
ment. The Hon. Member for Cirencester
several objections were states; but, so far as regarded
agree to the wording
of those amendments. he acquiesced in the object
which
move several amendments; and although he (the Chan-
cellor of the Exchequer) could not
the Hon. Member had in view, and proposed to intro•
duce clauses for the purpose of carrying out his sugges.
tions, which certainly were most valuable. He believed
if the Committee had proceeded with the schedules, all
the minor objections would have been removed in the
same manner as the objections with respect to the clauses
had been met. By those schedule, nearly the whole of
the loss to the revenue would have arisen from the reduc-
tion on conveyances, and not on mortgages, because it
was considered more advantageous for the landowners to
sell than to mortgage their property.—(ilesr, hear.)
The proposal which he hal made was, to reduce the
duty (which, upon the lowest amount of mortgage was
2 per cent.) to per cent.,
but in consequence of repre-
sentations made to him, he reduced the duty to i per
cent., and was assured by parties connected with rail-
ways, who were more affected by the Bill than any other
class, that they would be satisfied with that duty. When
would Anily
the proposition came on for discussion the
Housey. took
a different view. His proportion was lor 53. per cent.
objectionca rriedunwifasormtalkyeunpt,hoart 2ths.e6da.cfaoler sums undereuldpress
5
on the holders of large property, and a proposal was