The Sun.
London, England, 1844-03-19 00:00:00

FOREIG

IMPERIAL PARLIAMENT'

HOUSE OF LORDS, March 13'
Their Lordships met at Five o'Clo. k. peti'
The Bishop of BANGOR, presenie 1 sererts
tions against the union of the sees of St. Aglr
Bangor.

SLAVERY IN AMERICA. CO
Lord DENMAN rose to bring under t?
eb
sideration of their Lordships a subject whit sod
peared to him to be of immense in tall
Nob e their
importance. A few nights ago, his
Learned Friend (Lord Brougham) had stated, t? josh
Lordships the fact, that in the state of Louis,
in the United States, capital conviction hadaE
obtained against a person for promoting the eVrj,.
a slave. When this subject was brought an or
notice of his Noble and Learned Friend, it Wale 0
rally believed that the sentence
carried into effect. It was thought. ,the
the law having once been declared, denounellsso,
heaviest punishment against persons who ab°o
the
tempt to rescue a slave, that the punisholea' not be
particular case to which he had alluded wouldesk
carried into effect. Unfortunately since that titn_,koti
would nolo
cument had reached this country, bearing the 0121_4,0
authenticity, from which it appeared that on tbstbence
of April a fellow-creature would undergo the
of death for having promoted the escape ett. amiser
Now nobody could be more sensible than "e lois;
the duty which was enforced on all States of
down rules for regulating the conduct of its 001
dents, and he was aware how very jealous be sit.
State must be if any interference were t°, the
tempted by other powers with respect lated.
execution of the law such State had endefoli
This country was remarkable as being one oft,..ena
to modify the sanguinary system of pools'''. of
which prevailed, and Mr. Livingstone .Irftbeo
a code of laws for this purpose, which nalkeot,
adopted in several countries on . the Con
iirioa
and the result showed that this In°"`trOes
tended to diminish crime. He did not in fo tril
this question as an individual one, but merely
abstract, with the view of seeing how far the Pt
meat in this case was proportioned to the crintia.
was aware that many persons were of eriTi
that by giving expression to any sentin3e tte
this kind, they were likely to lnerearde of
irritation which existed at the other ty
the Atlantic, and render more difficulttri
carrying out of the negotiations between this
,rtip trigle;
and America for the suppression of the slave-'
but from all that he had been able to learn he ;
dered that by the expression of those sentinleao
was possible that some benefit might arise fr°ooek
and it was impossible for any injury to be P
Indeed, he felt assured that in no el'be
State could any individual be found who would
_l.
duced to carry such a law into effect after sane
expression of feeling. Hie object in bringlilLoe,
ward this measure was the hope that the or; ot
of the opinion of that House would meet the Sid
those who had the power to mitigate this sentelin tilt
that while they carried out all the other 104,1- 00
country, they still would never allow tn-io
to be put to death, for, by so doing, they oitp
throwing back the cause of civilisation, hil7fectif
and Christianity, for centuries. He felt
aware that it was not for the constitutea e
sponsible authorities of this country to ine,ioo
this matter ; still he thought that the exPr',„
public opinion in this matter would be likely
vent the perpetration of this sentence. LATNIJI"
THREE-AND-A-HALF PER CENT.

TIES BILL. the
The Earl of RIPON, in rising to proneeint.
cond reading of the Three-and-a-Half per i
nuities (1818) Bill, said he would detain the
,r OP
ships but a very short time. The object thou
they hld in view was to reduce the interest uP° oeu
annuities from three-and-a-half to three lit th;
He congratulated the House on the faet.„•abi„
state of the actual resources of the eountr.Yeile
them to make this important change, aiii.i,i7eites°'
public the benefit of this great saving, NY"- '
ing to the permanent debt of the country tioa te;
Lord BROUGHAM said that the ePerattecis
tified to all Europe the solidity of the res°
repots'
this country and its untouched credit-4,04000V
tion which they owed to their havingturSipol
abstained on this side of the 11, ....-et
was, the European English had abstained 00'
doing anything that might have a tendency'
shadow of a tendency, to impeach the rigroctill
creditor to be paid by his debtor. Instead °lv abli
this reduction of interest, by giving a bonus,, J
the capital of the public creditor would he ;Jue
an/ ifl
there had been a careful avoiding of mataug
crease to the capital of the debt.--(l3.eart iltns
ta sblel
Lord MONTEAGLE said the change:7os to
important one, and if he differed with the moue as
it had been carried into effect, it was bichir,
details only, .With the general mode in 110017/
proposaLhad-be&carried out he entirely e,,„ t;dt
•
The. tneasure -4,44ne of unexampled magnet teriti
,fecting in-in-Oise mass of capital, 9 114
had not been the slightest alarm eau' Orli
although there were no less then' tint:A
holders of stock whose dividends were gr'a
101. This was to be attributed to t"-notl,•
confide* flier- in the resources of theue pPre
anti 411 .20o9d.faitlo of the Government. I,lle iu° •
`Ea4lltAlg tiklillitt the arrangement was tegWof
satiifiioy,',litecaiite it was not made hy_nett° cY
tampering with the credit or curl.-- soari,
the country. It was effected an
and rational principles. If they •e° 0
large surplus revenue with which +AY ot
effect the reduction isc°
, the operation coil- de
considered unjust, when there was a great.,fi re
trp
in the interest of money throughout the e°"`""/ • r;ls
was not a question of choice, but
mount duty. The great reduction lied he°,
on money was not altogether an
n,
fit. Therefore, when the general hylvorerissAof
public suffered inconvenience from the I.° iNteri
interest they ought to be relieved from It fahtfo
than the reduced rate. The lowering of tm-e s',l4
money tended to increase speculation in tatters_2
ratio, and this had, on former occasions, he?-iu,isre'r
with great public • inconvenience On roole
There were some evils from which they we rip
what protected at present. Formerly theopitgaty
of interest induced people to invest their Veto
all kinds of foreign securities. But he be last
lOt y
experience of what had happened within thet the b
et„
years tended very much to guard aguir tcto
currence of that evil. If they lookeu,„t Fazio
occurred in the old and the new world t7o. ISPO
it would prove the importance of maintain_f_ Int
credit. If the American States ha'• ieotA
tained their credit, their territory
afford to us the best market for ourr7Bg,ftroo
the advantage would be reciprocal. in
was a great abundance of money, which f°l 1e
Friend
the same causes that induced his Nob oleo of
to reduce the interest in 1a92. That IA
by the subsequent over speculation and as 99,0
1825 and 1826. He believed that there wand tje
tendency to such exaggerated speculatiatnedt;.es
might be some danger of it in our recentlYl4- eas
ej the In tree
with China. He by no means attributed
coo nt
of 1825 to the reduction of 1822, which
in a satisfactory manner, and he ho
reduction, which effected a saving of I,2l'tce ine°Teta'
would enable the Government to take 0" he Cr° they
ment at the time promised. He thought t
vs,bieh thi.l
ment deserved thanks for the reducti°n,' hoPenl,bres
had effected in the customs' duties, and Lie e
th joyau" re,
would take an opportunity of showing
es, Tr tbe
the country had derived by those measar,gee in a
duction which had taken place since therkg he he
actual burthen of the national debt waswriters,3 A
what had been foreseen by those
redaceo'coi•
declared the burthen could not he, the n s
further reduction of four millions in ora
nal amount of the debt would °°t.ctheir ,
period of sixteen years, which many, ° hearito
ships might expect to live to see.—(ll°4o.reat,V ad;
great blessings of peace had enabled to bof, the oici
leviate the actual annual pressure 0,
without injustice or inconvenience to 'ft "Di ielit•
Ode 1. a t
considerable progress had bee" r,
iad
nishing the nominal amount of the requu-nto
If they calculated the value of tl-,e mound
three per cent. they would get cit the aettispitai °rola
reduction which would be made in the eineetr itelf
National Debt. The success of the exPerio WO°
the extent of the credit of this country to
~ tip au of
greater extent than if they had kept coreeld
mense amount of taxation for the
keeping up a sinking fund. If t", 6• 49,9•
,e t;tot
up a sinking fund of 5,000,0001. or • 1,.0 6,0 ip
year, they could not have operated suefinty. that
of reduction with the same eeJ:.°7„,etple. to
had hoped as a matter of tobeim gl!iite
a little additional notice would have ,A pot 7fieg
the holders of the stock. The Bin wouiin'unforg ope
and tile.: „could ,05(
the Royal assent until Thursday,
notice would expire on Saturday. • bed
rate as no practical grievance, he admiovf the huriPel'
it would not be for the interest of any t p
tha et,
ile
to give the notice, but still he thought
the
plc a longer period should have been ail°
cordially supported the measure. find ths de'
Noble Lord's
tails of the meazure. With regard to the for,
tho,tv'e 0
LEoarrdl'sofobjletcltPioOnNs wwearsegicaocinfitone-dn
_ttclic,7olf..thei
transaction, it had been a limited one
c! ,10 hleolt
that it might have been advisable t :have o.bot
a more extended notice ; but when
_2.lt;ndt irioj
with large questions it was itaP"' a pie es
the transaction should be closed id as earlythe roil!
as possible, and as no essential injury. t_t'onfess feel
interested could ensue, he must
.„`" not to
4-I a matter of principle he
.eur upoU )04
that the Government were calleuvriona the
give longer notice. His Noble „'robiet Wfo
alluded to the guarantee. Heradlidinncoo.nve,oe!toiries'
principle, that it was in gene
Government to tie itself up in this ma.nner )r

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