The Sun.
London, England, 1817-05-15 00:00:00

cussed ; lint he Was still of opinietn that it ntight
too to have been passed' the. Sctisimt.
The 'motion %vas then you, mud carried.
Mr. NrwM,itip.,slponed l,fs Miaitin 011 the Tii ,
T.,tinsing It n till Wediiesdiq nett. • •
Sir.T. Act.AiM presented a Petition frithn a part
Of Devonshire, in favour of Sa,vitig Bulks hill
1). GiLneer obtaintll leave ter bring in a
Bill to exempt waekons IHIII with:at:mitre and
other articles, from the payment cif 001.
Mr, ilucwr oblaitied leave to bring Pill to
enlar2e the 'tlifferent Acts of Parliament for ap-
pointing Clergymen to officiate in lads and Houses
,of Correction in England and Walcs.
poon EMPLOY Dux.
The cuANem.,,,on.4 the FACllCertall, in ram..
iii that the House should re•oli'e itself into
Committee; tools the opportunity of stating, that
teener the last discussion tiro (Ire subject,
been rnablefl to provide many amendment') to the
; hut it woicel spare iltc tithe of the flousc,.,
and promote the general conYenienee of Mem-
bers, if they allowed the Bill to be committed pro
forma, to have blanks tilled up, and, together
with the amendments, to be printed. It could
then be taken into consideration on a Watt! day
BanuGium said, he wished to-slate very
shortly what be considered to be the difficulties in
the princiPle of the measure, and which he feared
conlirnot he overcothe by any. of its details. In
tic drat place, he tclt a very strong constitutional
otijection to the hive Sting Pertain individuals with
tke disposal of a suit', amounting, to one million
and time quartets, upon the eve of art event,
hich they all knew woold shortly take place,
namely, a tirssidution of Parliament. lothe next
place, the osier to advance particular luans..to
dividuals, upon such security as GOVcrinaent in-
tended to require, would, lie apprehended', defeat
the whole measure. Not that ate thought it cal-
culated to produce those benefits 'which were an-
ticipated, even if it could be brought illto (tall
operatic.). The evils which were now felt., arose,
lint from the want of money, but from the want
of as demand for labour. There was no deficiency
of ecipial in the country } but there •Was:a gene-
ral Stagnation Of every thing which could employ
capital. Ile,ides, if there were really a deficiency
ot.crpital, he did not see how the present plan
was likely to ivniedy it. No additional capital
would, in point of tact, be thrown into the money
market by the issue ot those I..xchequer Bills.—
It was only an interpositiim of the credit of Go.
vernment, to enable individuals to borrow from
those who were inclined to lend upon that credit.
He was quite perbn4 led, however, that tt Go-
vernment intended to ev,tet the sort of security
as hich it was untierstoo,i they .would exact, no
person would resent to them for loans. lf, on the
Contrary, they meant'tO 11(1160: only the common
peisonal, or teal security, which a piivate lender
would demand, utter he admitted a very strong
OhjectiOn waned be reMoved.
Mr, ‘VESTE:ItbI said, he was not in the House
when the Right Hon. Gentleman opened his
; Ina from the fullest considerations which
he hid been enabled to give the subject, be could
out discern any advantages likely to accrue from
it. On the contrary, lie saw many objections to
the measure, which he thought was likely to be
productive of consiarable miseliicf., It would
place the opulent in a painfel situation with re•
spect to the poor,. who wooed be le:I to suppose
that relief was attainable, and was withheld only
becanke their rich neighbours would not come
forward with securities, Bat suppose the neees.;
sary,,svanajties were given? Then the poorprates
must be mortgaged, a system 'of procedure from
which he antieipatcd the most nikehievons con-
sequences. The occupiers of land would lie (long,.
-ing and mortgaging property which was not their
own, With -respect to' that part of the money
which was to be applied to the promotion of pub-
lic-vvoiks, he thought the arguments ot his Hoot
tunable and Learned Friend unanswerable. 'lt
awes hot a want of capital that they had to com-
plain of, but a OVCIeRSjIM iii our commerce, tnanti-
factures, and agriculture,- which lendered that Ca-
pital useless.

The Cit:titiontott of the ExCnto.ottrt confessed
that some of the objections of the llonourAle
and Learned CrentletnAn were of a :nature ttor
likely to be rt moved by any details in the progress
of the measure. As to the constitutional fears
which he had expressel, he did not tlikk they.
were of a very serious nature. They might cer7
tainly be removed by the, [louse paying a proper
attention to !lie nomination of inditiduals w 4 ho
were to have the management of the funds. With
respect to the question of personal wittily, he
could state that an alteration had betn ina•ie
the 13111 so as to dispense with that security which
was at first .conteinplated, ander certain iciretitil7
atancev, and to Stibstitute special seeuritiesof va-
rious kinds. In regard to parishes, so: !bitch
would dapend upon the delaili tti 6
the tuense,
when it came fully under the consideratirm.iit -the
Ilnuse, that he wished to defer all di,mission upon
it at present. He would mention, however, that
such checks and precautions were adopted is would
prevent general and indiscriminate applications
front parishes. It would only be in cases of-great
and urgent difficulty that any relief would be ex-
tended them under the operation of the 13111.
Mr. J. P. GRANT said, 'if he understood the
Right Hotionrahle Gentleman, he hail consider.
ably
,narrowell the measure compared to its origi.
nnl inteation,.atid that the henetiis expected. from
it,.,W;imid be circuttiscribed in proptirtion. He was
one of those, bon ever, who always thought that
the proposed plan little likely to be productive
of the. advantages that were ittieipated. The evil
that was felt, Originated neither iu want of capi.
tal, 'nor in *want of credit. There was capital
enopgh in the country, and they Who had sufficient
credit to entitle themselves to to Nan trout Govern.
mew, %%1'0144 feud wa diffienity, with the same
credit, in going into the money market and uh.,
Mining 'what they wanted. In no way, that he
saw, timid the plan be produttive of relief, ekea44,
indeed, the Right Honourable Uentiethan Uleant
to introduce his Exchequer Bills_ into thecuirency
of the country. Then sooty effect tvtiolil he. ac.
coniplislied, butt whether a beneficial oue or stot,
he did not intend to argue at that moinent. Al
the same time, be was perfectly ready to give the
Right Liotr. ticutlematt cted4 tor the i)eitevoleut