The Sun.
London, England, 1842-04-06 00:00:00

IMPERIAL PARLIAMENT.
'::!.,,'
iIIOUSE OF COMMONS, APRIL 5.
4ne Rouse met at the usual hour.
he e Clerk of the Crown attended to amend the return
Itrn borough of Weymouth and Melcombe Regis.
,tityo;', HERNAt. and Mr. CHRISTIE took the oaths and
seats for the borough 1 Weymouth and Melcombe
-, i... 5... •
: --TRATARK IMPROVEMENT (N0.."2) BILL.
kt
JOHN lIANNERS.movect that the Report on
h"LI
_liilthe received.
R. PALMER hoped the Noble Lord would
I,..7zegit to let the consideration of the Report stand
until the Report on the Southwark Improvement
titnAt )13ill, should be brought up, in order that justice
k 4, oe done to certain parties whose interest was
yved in the measure.
Wilft...,P4 tA.RRINGTON, as. a Member of the
Com-
e° (tattle Bill (No. 1), thought the postponement of
Report desirable.
titirclrAl- J. MANNERS thought he should not be acting
eix),; by the Committee if he acceded to the Hon.
man',
,fit..t request.
lipid After a few words from Mr. LAMBTON, the House
:-.., ed,,,,when there appeared-
-,' or the motion - 5
6. . }nor the amendment 3f,
Majority for the postponement —3l
'_,p -Earl of MARCH presented petitions against the
rtation of cattle and live stock under the projected
i A.
tett!. WALKER-presented four petitions for a repeal
.11:e orn-law. .
ti‘imi 1-1. VANE presented a petition against the pro-
duty4 of 4s. on coals.
o T. DLTNCOMBE presented a petition from 260
Nrilers against imprisonment for debt.
!ii, „ II- DOUGLAS presented petitions from the
toe,4."e cork-cutters, the leather-cutters, and other per-
so Liverpool, against theaaroposed reduction of duty
1;::,"°4e branches. of trade. -
Air ~ - MAYNOOTH COLLEGE.
itilii,, 15AYLEY COCHRANE presented a petition
~;tanridport, against.-the grant to Maynooth College.
Pts,,Ptltin PECHELL presented a p etition against tbe
•,,,,r.",'ed scale of duties with respect to boots and shoes.
the
1-,, CORN-LAWS.
the'-r ERRAND presented upetition from some place,
thk,eonnty of Kent, prayine'that the present protec-
ku., British agriculture might not be interfered with.
lab.,,r• VILLIERS presented a petition from 3,160 in-
liiil'`ants of Darlington, stating that they considered the
kw lsterial proposition for the alteration of the Corn-
ktott mere mockery, and praying for their immediate
tal repeal. Also petitions,, with a similar praYer,
the working-men of Barnard Castle, from Tu
n-
tt,r Wells, from Blackley in Lancashire, and from
ral other places. •
% , SCIENTIFIC INSTITUTIONS.
Ns h.EMBLE presented petitions froni several per-
tlin e ccted with scientific • institutions praying that
.4,-
onne
,4). institutions might be exempted fro the payment
"tea and taxes.
lifr'THE TARIFF.
ittALDAM presented a petition from Leeds against
4it?ration in the duties on leather.
knit(' WORSLEY presented a petition, agreed to at a
tieliCe.„'neeting, in Lincoln, against the Corn Importa-
latit:"'ill, and the proposed Tariff, -stating that the
1114knera regard . with extreme - alarm, the redue•
ilel °f duty on corn arid other articles, and espe-
Athat articles at present prohibited were to
dmitted at a low rate of duty. The Noble
14. moved that the petition be printed, and gave notice
l-Ze should, to. morrow, draw the attention of the
kr ttee to what occurred at that meeting.
*ilis M. MILNES presented a petition signed by
loti",, lla of one hundred of his constituents at Pontefract,
Itifist the reduction of duty on liquorice, in the sew
tkke The petitions stated that this reduction would
s„ their entire and immediate ruin. They had a
tl e eiveniitril embarked in. the cultivation of liquorice ;
ttlration occupied three years, so that they could
at once withdraw that capital, while it employed a
number of the population. They, therefore, „hil-
°4 this
l the House not to permit so large a change in the
il't4
article. •
~NOTICES OF MOTION.—GREECE.
to ki'-I.OMLINE gave notice that on Tuesday, the 19th,
11;111d move that there be laid before the House cer-
SrPers, re'ating to their diplomatic intercourse with
Ndom of Greece.
citi, , TEIE INCOME TAX.
lifi' wILLIAMS gave notice that when the Report
4",1 'veelll6ine tax resolution was brought up he should
i,tii4eertaiii anandinents, to the effect that a tax should
464 Posed on all..payments out of the public revenue
NI, 'h certain sum, on the principle of the sliding scale,
'litie;at real roerty. in,descending to heirs should pay
. to the amenmount as personal property.
fit.
„, - • . LEAVE OF ABSENCE.
NC )v• S. O'BRIEN moved for and obtained leave of
‘.l.4e° for a fortnight fur the O'Connor Don.
t.' '
, ki TURNPIKE TRUSTS.
914 )4. SUTTON rose to move for leaVe to bring in
ft-- to continue for a limited term Local Turnpike
44'440(1 to provide for the better regulation of Turnpike
ant'il Eng'and and Wales. Considering the great
:1/41, i; of wealth—a sum exceeding 7,ooo,oooL—that
i'lieri:en invested in this kind of property ; eon-
't ,S the nature of . the securities on which
'hadal been advanced, and the state in
LI% %any of those trusts were now placed,
44- tithe effect the great increase of railways
,71114,,,a(1, and would have, in the traffic on those
"ktiv'' 'rota which traffic the revenue of the trusts was.
4?is;(I, he was sure the blouse would see that it was
kis,,lpedient to enact sonic measure that should im-
kNl tile securities of the mortgagees, should maintain
hirepair the roads, and, if possible. guarantee the
tstti4l,Yet ceitain repayment of the monies advanced.
111.154-•lle explaine 1 the provisions of the Bill he pro-
kt,s,,,.L° introduce. he wished to say that it was not his
''.'N"'°n to extend its operation to those roads which
tr 110 t under the management of trustees, or to those
,k 1“
)itl; the maintenance, and repair of which were pro-
Nit' for by special Acts; neither did he intend to in-
-1,14i: iin the provisions of the Bill those trusts to which
tail, 'lad been advanced by the Exchequer Bills Loan
tlimlnbissioners inasmuch as theSe loans were aecompa-
Mtiet Y Peculiar privileges and responsibilities with
tli, ,n he did
not wish to deal under the present state of
441'e" The trustees, under general local Acts, were
sillakirngt necessity, when those Acts expired,. of
°tit that a4Pnlication to Parliament for their renewal,
tense aearroeation was usually attended with Much ex-
r°Yeis,,„,l42onvenience. He believed that a great im-
;!_eonti,;'' Would be effected if the Legislature consented
f Pre, tie those Acts for a certain and specified time.
'„,,."'' 4 kfr!'s,ed, therefore, that they should be continued
r'la,cily, I,(ki of forty-one years ; and he proposed, se-
t4teli.l.° alter that provision of the present law
the 7},1.1-1011?ered a single mortgagee to take possession
b
Piiyihr_ c tolls and revenues nominally, for the purpose
;tt th„"6:-. himself and the other mortagagees. He believed
llti "'Power was liable to great abuse, and might tend
Itt h ine . ,,1 . • :illy led to a dimi-
,stic,„ on vemence ; anu tout it practic,
.!llT''' 2the security of the general body of mortgagees.
qt iteration in the existing law would confer
' -t is_unefit upon the land, because when the
ne""eanle insolvent, by common law the main-
nee of of the trust fell upon the land. He (Mr.
htity".) proposed, in order to increase the se-
titilof the mortgagee, to divest the trustees of the
ter
NI 4'144 they. at present possessed of incurring
,%14;iburdens, and negotiating fresh loans—not to
Ne,ein!lt power entirely, but to prevent them unduly
••Ntit 'l.lg it, by placing a controlling power in the Exe-
Nill Government. Under the existing law, it was
ul in-
Sti,i'l b t on the general body of trustees to hold a general
r; ' Lite eeting,at which annual meeting the accounts of
fltienue and expenditure of the trust should
Diti,,,,down for the purpose of examination, and to
tad. He proposed that .it should be inCum-
N:° the trust itself to appoint a Finance Com-
N4' not exceeding seven in number, and not less
i4tstv,,ttiii'°, whose duty was to he to call half-yearly meet-
'''r the purpose of auditing the accounts of the
it4Pe and expenditure of the frust, as well in the esti-
lit
tr. C-- of the- expenses to be incurred by such
tieei,n the following half-year; and these accounts
'',,•' "se estimates to be transmitted by them to
!'ecretary of State, to be approved of by him.
iikSiZ.- the existing law in every instance the
',was not
of the interest on mortgage was by a lien ; but
not sufficient, for it was not a sufficient security
1/110111ortgagee, not from the inability of the trustees
'iga'athille money, but from their applying this money
'cr's -' "r purposes. He (Mr. Sutton) proposed not
4, that certain half-yearly .payments should be
4t t.,(3 the mortgagee upon a lien upon the
"t
t' but he proposed that it should be incti,_
k
~, the treasurer of such trust to retain in his
Ziki 84,01 part of the revenue of the trust as
411.7.• " sufficient to satisfy the creditors,
%._-"•p,.. ''' be applied to no other purpose whatever.
Ot clkhsed that the mortgagees should receive five per
`'::l:ite,s." annum. Having improved the security, lie did
'' "Pose that this sum of live per cent. should be
1 ~ el Iti the nature of interest, but that it should be
'lptt.i
kkiltl4hPartly in the payment of interest, and partly in
AN, '3'knent of the principal. lie conceived that,
'144 Atiii'innroved the interest in the way proposed by
the interest could not fairly be calculated
:444-;.. than four per cent., whilst the remaining
tCsnt. should be considered as a first payment of
ie„ 1!::Tal of the debt. It had been ascertained by
tt
ItittliWaLtions of an eminent actuary, that the pay-
, Y'otDne Pc; Pent. per annum at the expiration of ,
• , 'brti, yearaaveeld fairly and. honestly repay the
s , `-' Subsequently to this payment of five
.'-I,'-Pi9r Itnnuin he proposed• that the second hen
ttt.
hiliti74l ahoull. lit for their MOPterWlee 64 rep
t
air.
‘ etti he:
he iit.4 row expinined to the House the
, `t,, 4.. had ill view, anti fio wayht therefore move
'"vc' be given to bring in the Biii.-s(HeaFf bear.)
'islt4 sl.''ff4Poil having been put,
/il;4
'(l...tatt '''„_.,4•,f•J",-PPIORI.)E said that the distress of tbe
-1' '4glirt-''' f,'o•te. t.f..e pti,,nfounded system of railways.—
Plaf- i.-er.) li I ad- 1 •is foretold %hat would be the
°= the esteabilishamrit 4 yailti.fays throughout the
lity,
`
'8 II,
' .6!'l b ''filiNEß said that the effect of this Bill
aCiai, i 6: that 1,-„,,,,,,,,i,- Wit
,pgp for more gum 5 per cent.
,ltiit'llinutiediately witiirewn•
'*s h.• SUTTON said that that contr.! not be done
:' tie,, Is till
, . tsve •
' ')Y:tt.,`,fa-,l'en given to bring in the Bill.
' ~„,„ .v-i cfotipiEs (IRELAND).
'llt-Nei'''''.4oT . fiitivs4 key leave to bring in a Bill for
:Lkki,,L ' AI 4413:.0,r3,..es ii 1.re114
.id,.. The measure which he
,N; 'lts a" ilittoihme 6ticil y.,,t Aiger es:pi:Wally from that
N sit, _; ' i,„ ' '.-en proposed 171 Ink Roble prede-
4t‘ • eve •.., -^,-, ..acquainted with the sub,,iyel
.tte
,T 1 lceo rY gentlen... ' qtate of the law on
Nakje-tt wledge that the preset,., -',..41 amend-
+44- lit•Stib‘',...as most unsatisfactory, and requ... -.-
I`lltat'"it th; 'eing the case, he should abstain front cits-
ntii ,ttl,„._ . merits of the question, unless the' House
ill„'"lpleularly desire that he should do so, until the
-*".'4VQ Is 7. L° before 'the House.
ftS
then given to bring in the Bill.