The Sun.
London, England, 1817-03-14 00:00:00

'-ummincirteci, authtf t porliori t,'-tli,illstects of
the maunfactntiug iutetest. The imptovemeut ttl
the exch:stage, too, wideit might he advantagnus
to lire clituuty, op, t :Ord agsiest the merely:int •who
expiated oisr cootmodities, and tended to ditnlitish
his trade. When the exchange wls high, the mer-
chant could afford to export articles, and sell them in
a foreign country fur a small, nt even for a less
price than he bought . them, and still be a gaiuer
by the profit on the exchange in •makiug his 're-
turns. Now, how touch must the exchange dis.
courage expo' ts, lustead of bring '23 or 30
per cent. against us, it wati.B per relit. the othet
way. Even with this disadvantage,, .011 r 1114101-
factures would, however, find their way to the
Notwilltstauding the obstructions
formerly thrum) in the way of a free intercuarse
with the Continent, Our manufactures and pro,
duce were exported fur the supply of nor neigh.
hours : and it could not be sopposed that greater
facilities of intercourse would diMinish this ten-
dency. When there was everystreason to hope for
a beneficial change in the circumstances of the
trailing and manufacturing interest, he einifil
not help expressing his disapprobation of any thing
that tended to iuspire.gloom-and distrust. No.
thing could he mote- mod thary_to add to the
pressure of distress torehading predictioes of its
continuanci., and to Nike away from s'elferieg the
prospect of amelioration. There might smut be
at detnawi for the lalpuir and industry of the (num.
try, as great neatly as lormerly. Wages n.onid
consequence rise ; but he did nut thiuk they
would rise so 'high -es formerly, nor did he
bet ere that sad) a rise would he desirable.—
The excessively high rate of wages, during
some of the flourishing periods of our soimu-
factoring industry, he was convinced neither mi.
tribmed to the morals, the health, or the 11111►pi-
lieS3 of the people. They were apt to engender
habits of exteavegance, to produce irregularity,
and to operate against temperance anal. economy.
if the present calamity did nothing.else but cor•
rest the dispo,ition thus losteted and 31rengtheh-
ed, it, would effect an ultimate benefit. He came
now to the questiim, whether the Resoletions
ought to be supported ; and here he cpueurred
cordially with his Right lion. Friend who had
moved the Amendment. The Hon'. and Learned
Gentleman seerneel desirous, from tit; tray in
it•lticb he introduced the subject, and the naiure
of the Resolutions with which he cmicluded Ills
speech, to leave his Majesty's 11iieisters no tither
alternative than to move the orders of the 'day.
The political hostility 'of the lion. nod Learned
Gentleman was so mixed tap with his commercial
propositions, that he could not expert from Mi..
nisters their concurrence in his Resolir hies. His
object scented to he to attack. Miaisters, and thus
to leave hini no other course but to'coecur in the
motion of its Right llon. Friend tor,passing to
the orders of the day, with whatever relattitnte
he did it, awl however willing he would have been
to have catered into the discussion of the coin-
mereial question bad it not been studiously nixed
op with politics.
Lord CoculiVtr rose amid loud cries of:Ques-
tion ; and made u few observations On. the.i:npos-
sibilit y of rakieg the wages of labourers without
hoposiug sucba•ltigh p'riee ou our manufactines
as to disable us front entering boo contrtition
with foreigners. The great cause of our .present
distresses and commercial difficithies was taxation.
If our taxes were reduced, the.peoele would nut
only he relieved their hoidens, het ire should be
enabled to undersell other nations. it had been
said that allslasses of the community had Seffo..
ed, and lie allowed this. proposition to its fullest
extent. The only class that did not -surfer was
that which lived upon the taxes, and'which pros,
pered in the exact ratio of 'the rewire of public
distress. The measure pursued for our relief Must
have no relation to the issuing of more paper, or
a change in the circulation. Ile did not think,
however, that there could be a retero to eash pay.
mews if the present system of taxes were conti-
nued : such it return to cash payments would ruin
the agricultural interest, and sprodace no effect
except that of enriching the funilhOlder... [Here
the cries of Question became so !wad,' that the
Noble Lord could be heard no longer.] •
Mr. Alderman ATKINS was unwilling to take
the course proposed by the Noble Lord. . When
all admitted the Situasioii of the country to,be.very
bad, he did not approve of their seenvng to come'
to the conclusion that no remedy conld be supplied
by the wisdom of rarliament. He thought it was
indispensibly necessary that the House should go
into a Committee on it matter of such intportance,
to inquire into the causes of the distress, and to
endeavour to discover the means by which it might
be removed. . .

Mr. BROUGHAM replica at some 16ngth, and
cont elided that his Resolutions involved the in-
quiry %vide!, severdl Honourable Gentlemen had
asserted to be necessary ; for, in callinglor a re-
vision of the present system, they of course Went
to refer the whcle bilhjeCt to ti Committee.
The. House then divided, when the numbers
were as follow :--
For procurdiog to the other Orders of the Day..., lit;
Fur the original
najnrity against Mr. nrotiglians'. Itestihttli?tis

,Sir J. MACKINTOSII gave notice that he woul►l
bring forward his 11106011 respecting the Oroits of
Atltniraity on the 24th April.
The other Orders of the Day were then dispos.
ed at, and the House adjourned at Half-past One
o'Clock this Morning.