The Sun.
London, England, 1842-07-23 00:00:00

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Mernityrs. opposite tiii i tea venture 0) trench upon
it—
he referred to the reduction on p istege.—(Hear, hetes)
He de'rtietl, then, that the deficiency was so great
as to ittipose nom the Government the necessity of
having recourse to' the Income-tax. They (tilt
late Government) foul prnpired fast year measures,
which, without eniailing fresh burdens I,pin the
lemitittinity, but, on the contrary, by relieving the bur-
demi Of the people, would have opened fresh channels for
commerce--,weliki not only have supplied the deficiency
that then existed, bat also have prevented in a great de-
-1 tree that extent of distress, %thief, they were now de-
fThwing.—(Cheers.) Seeing this, he said that the defined
mode fdf the Income-tax, must break down.—(Hear.)
With regard theft te what the Right Hem Baronet had
said on another point, bet must say that he entirely
• agreed with the Right- gift: Baronet, that grievous
as the present state of the country was, afflicting, as
no doubt there was, much that was to be seen in
these manufacturiag districts, still he would net feel
desponding as to the ultimate fortunes of the country, for
he believed that they had still within them the re-
seetrcee sufficient to repair their disasters, and to afford
the means of increasing prosperity.—(Hear, hear.)
The Bight Hon. Baronet had, in touching upon
this point, treated of the progress and increasing
commerce of the country. The Right Hon. Baronet had
shown that during the period that. they (the late Go-
vernment) had held office—that during the• period of
their Administration there had been a great increase to
their trade—and that, as far as their actual exports
were concerned, there had been an increase from the
year 1831 to the year 1841, of from 37,000,0001. to
51,000,0001-; that there had been an increase during that
period of not less than 14,000,0001. Though he•did not
agree with the Right Hon. Baronet in his details as to
the increase of the consumption of sugar, which he
thought had rather fallen off, proportion to the increase
of the population, yet still he was quite ready to
admit that there,had been a great increase iu the, num-
ber of persons, an increase in the investment of
capital, an increase in commerce, an increase in ma-
nufactures--call proving that this country had vola-
tility, that it had the power of life, and that it only re-
quired due wisdom in the, Government to enable the
people and the country to go oil in a career of great and
• increasing prosperity.—(Cheers.) But then, he said, to
accomplish that purpose they must remove those ob-
structions which. now checki,d and contracted their
energies t for they could •not increase their commerce
with their present restrictive laws,—(Cheers.) As to
the address of his Ron. Friend, whatever might be the
technical objections to It on ordinary occasions, stil', in
the present peculiar crisis, he thought that there would
be no objection to it ; not, he Suit), as .binding the Go-
vernment—for the Government had nut by their expres-
sions shown the indisposition to r--consider the question—
not, he said, on their account,but on account of the country;
because it would afford a hope to those who were now de-
, spending;, and it might cheer the feelings of these who now
might regard their ease se hopelesS. Itwas an this account—
it was as, shoeing that the House felt for the distresses
of the country—it was on this account, he was disposed
to waive that objection which, on other occasions, he
might 'feel RS to the form of the motion, and agree to
the address which his Hon. Friertil proposed. But (con-
tinued the Nettle Lord) the Right Hun. Baronet says it
would he injurious in its consuquenctl, if this motion
was acceded to. How injurious The result of the
tariff must be to suspend the operations of trade and
commerce on Mani' articles which it touches. Did not
the Right Hon. Baronet. himself achnit, in the discussion
on that measure, that the postponement of the reducti, n
of the duty on timber must prevent a great deal of that
employment which would •he otherwise elven to the
people in buildings, and all those undertakings into
which timber so largely enters ? • Undoubtedly it
does. "Bat," says the flight Honourable Baronet,
"Parliament is to meet again in November," (though I
do not think my Hon. Friend contemplates so late a
meeting) I should. think October is the period which he
has fixed upon.—(Hear, hear, from Mr. Duncombe.)
Sir JAMES GRAHAM—And give less "pheasant
shooting ?"—(Loud cheers and laughter.)
Lord PALMERSTON—Yes, I really hope so. I
have sufficient experience in office to knew that
the members of the Goverment will have butt little
time for, pheasant shooting ; but I can assure the
Right Htmourable Baronet that we would cheerfully
sacrifice that pastime if the Government are prepared to
sacrifice the objectionable Corn-laws.—(Much cheering.)
But, says the. Right Hon. Baronet, " who would let out
the bonded corn ?" Why, I will tell him. The Govern-
meheyvill let it out.—(Cheers.) They told as much
themselves. In a former debate they let out the secret.
You told us if the distress lasted, it was. not in the legis-
lative power to remedy it, but.you announced that on
your own responsibility, like bold men as you are, you
would let out the bonded corn. Now, I venture to pre-
dict, if you do not meet Parliament before November, you
will have to let out the bonded corn.—(Loud cheers from
the Opposition.)
Lord STANLEY—Mind, you have predicted.
Viscount PALMERSTON—And yau hope from this
single change a remedy for the distress. That single
act of letting out the bonded corn you rely upon as a
means of meeting an emergency not caused by famine,
which does not exist, but by that want of employment
which has rendered thousands of your people unable to
buy corn because their wages do not enable them to pro-
cure it, or rather, 13.-cause they have not such wages as
in a different state of things they might c.iminand.—
(Cheers.) Sir, I invoke to my aid the principle laid down
distinctly (and '1 rejiticed to hear it), by the Vice-Presi-
dent of the Board of Trade. That Right Hon. Gentleman
(the House was thin at the time, and many could not
have heard him) last night recommended the measure
which he proposed=a small one to be surte•—a plan for ex-
changing a little flour fora little biscuit in bond, the ....hole
amount, I believe, not including more than 100,000
quarters of corn within the year —by the enunciation of a
principle, of which I beg the House to take notice, as
the Noble Member for North Lancashire has taken so
marked a notice of my prediction. Whether my pre-
diction is verified or not is of little moment. I hope it
will fail, because in such ease the distresS must diminish.
•But, I trust the principle I quote, under the sanction of
the Vice-President A* Ile, Board of 'l,:rade, will not fail.
And what is that principle ? The Right Honourable
Gentleman said : "I recommend the measure for this
reason—it will give additional employment to latiour—
it will give a fresh opening to commerce—it will give
your manufacturers the means of exchanging the pro-
duce of their labour for the productions of the labour
of corn-growing countries."—(clear, hear.) And he
added, " There is this partioular advantage in the
measure, that it is not of tempiritr v opera tien—t hatit is
not an isolated facility and monentary advantage given
to commerce, but It is a permanent measure ; one'
that lays the foundation of a steady, firm, and permanent
increase to our commerce, by the exchange of the pro-
duce of our manufacturing industry for the food grown
by other countries."—(Criesaif ". Hear, hear.") Now,
Sir, that, is the principle which we have it.! along con-
tended foe, not in opposition to " oratoric.d
but against silent am! unwilling helrer,—(Cneers)—
hearers, Sir, whom we have nit coavinetei—hearers
whom I am afraid we .never shall coevitice, but hearers
who may be convinced when the same doctrines are not
only broached by those whom they respect and follow,
but when measures founded on those doctrines, in their
largest and most comprehensive sense, shall be proposed
by their leaders to this Ho.tse, and when those leaders,
going out into the lobby,. followed by their nominal ad-
versaries, shal! triumph in the success of that principle
against their own supporters, and through the honour
able and independent support of those who had hitherto
opposed them.(Loud and continued cheering.)