The Sun.
London, England, 1850-11-15 00:00:00

N°.18,142.]

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[PRICE SD.

ion of 1794.5, on the motion of Sir John Sin.

rr.cnote :he itnprovenutnt•of th-, oast- and un-

cultivated laud, tithe country, a, a most e,septial public
advantage." Now, suppos9 a larpted
,proprietor', with an
'state of tt-rt thousand z-year. to have encumbranees on
''nount of five thousand. His rent, we may
'suppose, eiloulated on tho comparatively m.wiernte price
of wheat, at' 604. a quarter; but prices 'deelieircg,. he re-
duces. his rent 25 per cent., and ree-ives 7.5001. instead
cf 10,000. His fixed pa.) ment, however, of 5,000/. re-
mailing, his income is rrduced one halt; and thus ha
finds that'the murtgaae with which, tie encun3berad his
land to "promote a moat-essential, public advantage."
issues in a severe private loss.—(Bear, hear.) Now, take
the case with respect to the farmer. I hold, in nay land
an important document, compiled by the Writers at Bir-
mingham, who, under the signature of " Gemini," have
so ably and perseveringly endeavoured to Eli ligfiteir
fellow •countrymen on the subject' or ki
the currcy. This
document is beaded " Corn, Taxaden, and Rent," and
by it it appears that the amount of tax,,, in the most
expensive year of the war (1815). being 72,210,512/,
estimk.ted in wheat, at the give: age e c f
_thee) ear.
viz., 655. 7d. a quarter, amounts to 22.020,994 quarters,
while the amount of taxes for the year 1849. being
52,951,7491., estimated in wheat Sr the aver wee price
of the year, v's., 445. 3d., m quals 23,932 993.
It app- are, therefore, that the pt..q.atire of
taxation on the farmer during the last year was wester
than that in the most s-xpilistve year of the war._

(Hear) At a meeting mt.!, ntly held of the h••p•growera
of Kent and tiushex. to peti, ion fur a reflection ei the
hop duty, and at which Mr. Hodges, MAP. for Sussex,
presided, it was stated- that the duty wan augmented
during the war on account of the so-calleddepretiation
of the paper currency. The Bill of 1819 wa, said at Abe
time by its asipporte,t. to Effect an elterati ai2,of Duly
3 per cent. in the value of money, but theteltve.,tion •
has_aince been edmiltd lo_extenn so between 3b istut 50
per cent. With a bigh duty thus increased in value atid
with low prices, and Inswing • to compete with all the
world in the sale of their commodity, can. it be matter of-
surprise that!the hop-growers of that district • complain
that they shall all be rained?—(Hear, hear.) The same -
cause which affects the farmer zlf.cts the trains:Tiel in-
tercets of alt 04S:4es of the comtnunity, and will be felt .
by them whenever the contraction cf the . circulation
cotaequent on the exportation of the }melons metals „
primis the possibility of their' obtaining a villanelle- •
tive_price. The remedy is to befound—lst, In ollow-
iug gold to be sokl.ati its market.ptice.. "It is neces•
eery," ssys Locke, " that your gold should be coined,
and have the Kvg's ataup upim it. in older to Sccure
men in receiving it- that there is so 6110 h gi li in,fsch,
piece; but it is not accessary that it•sbould nave a",fixed • •
value put upon it- by-public authority." With this it
will be.nccessary to provke an adequate paper- eurreocy, •
based either on the system so philoeophieally proposed
by Mr. John Taylor or en-some-other,' by means of which
the paper circulation may be made as safe as gold itself.
And, now, gentlemen, if nave at all eucceeded,in mak
ing myself underetood, you will see • why it is that I so
earnestly press the subject of monetary ieform upon
your attention. It is because I believe Most firmly,-
that the physical, social, end moral improvement of the
country is deeply involved in this question. The prin.
ciple of seeking the welfare of the people at large is,
I am thankful to say, admitted moat tally by modern
statesmen. The wisest, the best, anctmost disinterested
men in the nation have, by various means, laboured for
this purpose. But, gentlemen, in every association or
institution, having for its object the amelioration or the

improvement o, the people in which I have been jute.
tested,l have found that nothing could be effected till
the tioances of that institution were placed in a good
coedivon. Now, as it is with a society or institution, so
it is with a nation. Take the important calms of educa-
tion. All parties agree that the people should be edu-
. cater!. But •the education question is like others, a
money question. The people of the state of Massa-
chusetts devote 120.000 guir.eas a year to the education
of their 'population of 800,000; we give about the same
to educate the 21,000,000 of England and Wales. Why,
is this ? It is because to every proposition that is made
for the improvement of the condition of the people, the
Chancellor of the Exch-quer is obliged .to • answer—
" Where are we to fed the means.?"—(Hear, sear.)
I wish to see the country not only willing but able to
educate the peeple, as well as to secure a fair remunera-
five price to the farmer aud every 'producer for his pro-
duce. and to give to every labourer and operative. a just •
price for the labour of his hands. I support a reforma-
tion of the currency because I wish to see the great body
of my fellow-countrymen better ted, better clothed, better -
lodged, better educated, and better paid.for their labour...
—(Cheers.) Who, gen,lomen, is to effect all ibis? Ijats.
plulapthruk;ists do it? Can charitable associations do it?-
Can Government do it? ..N.); the people of England
must do it for themselves. Ali I wish is, that every
thing may .be done to 'allow to the energy, to the, in-'
dustier. to the perseverance, to the enterprise, to the
telligence of the English people fair play—a fair field •
and no favour.—(Cheers.) You have given to the people
cheap fond, give them also cheap money to hue their
food.—(Hear, hear.). Give thetu cheap money and they,
will get their children educated, they will work for them- .
selves, and by their own industry, end the blessing- of . •
Providence, be better fed, butter clothed, and better
lodged than they are. The Creator of man. as Mr.
T. Attwood has wisely said, whe gave man a mouth to
eeesuree, gave him tyro bands to produce. R.-form the •
money laws by which tee pr •ductions of his hands are
rendered comearetively valueless, by
.forced cheapness,
..nd, ;Aiello the primal cruse will still be in farce, and
though liven will stiil here to eat bread by the swe: t of
his brow, yet h. will by labour obtain bread to eat, Not
the bitter bread peblic cha,ity. but the pl,aaant.blead
honest industry.—(fiear, h..sar, and cheers ). But, though
I wish, most sincerely wish welt s ,he pour man, weuld
Ito b-refit him .ittjure the rich? N.). certainly not."
When I .wy,that I eiin to pr,onote •he sv.lfare of my •
fellow-c .untr)meri, I mean all my fellovr• countrym, n.
Arid it is bt.caut.o I believe that all would ultimately
benefit, that the property of toe tich wonki be more •
secure, more utifitt,tuatitig that not only the farmers,
but the landlord, nut telly the operative, but the manu-
facturer and merch ant, uot only the peasant, but the
Prince would be benefited, teat ling., forward this ques-
tlen.--(e)neers.) I behove that. the man of income,
even, would eventually le. benefited. His property, let
it be what it, 'may, would be more secure, his taxes
would be reduced, his opportunities of providing for
his family would be increased. For it is a weak as well
as a selfish and wicked notion that any class of the com-
munity in a series of years redly benefit by the injury
of any other class —(Hear, h -tar.) It is the great evil
of our present system that it has placed the. different
classes of the community in opposition to each other—
that
it has taught the sgriculturist that his interest is
opposed to that of the manufacturer; that it hes taught
that the rich man's interest is oppt.ied to that of the poor
man; end now it is f.st teaching the tenant that his in-
terest is opposed to that of the landlord. But I believe
that a reformation -6fethe monetary system would do
more than anything else to allay discord, ti heal divi-
sions, and to promote the goodwill end right feeling be-
tween all classes. Poverty has banished affection !lora
many a house; poverty is the parent of many a crime.
This is epually true of a nation as of an individual. I
wish to advance the nation's prosperity, and thereby to
promote peace, concord, and moral improvement.—
(Hear, hear.) And therefore it is that I now call upon
you as Englishmen to promote, by a reformation of our
present most pernicious monetary system, the welfare of •
all classes of your fellow-countrymen; I call upon you
as men to support this cause, beieg assured that with
the where ef Great Britain is bound up the progress
aid welfare of the whole world; and as a minister of
teligion I call upon you as Christian men to promote
this cause, beeeuse I belies° in my conseieeee that it
involves not only the political and social, but the moral
and religious weliareof man —(Load cheers.) •
A vote of thanks was unanimously passed to Mr.
Twills for his very lucid and able speech, and the meet-
leg separated.