Star.
London, England, 1808-05-06 00:00:00

withstanding the. known and unleniatite fact, that 4,,
=sion.hati commented three.months lietc,rethme
Were issued. He himself, as an advqeate.j.ro
the defence of those orders, could not admit them 2,
the cause of such depression, but. on. the contrarss;.
contended that our commene had considerably,
creased under their Operation. He denied that the
alledged,depression of trade would drive commercii
•men to place their capitals in the funds,. Avintsmas
the case with America under the lateembargo ? Th,t;
measure caused a severe depression of trade.; yet k
did not appear that American funds. were.higher, fnr.
they were very much roduced, .
Mr. BARING denied that the American Funds
had fallen, although they eGst.not rise. But it was
the apprehension of being involved'in,:a war thatker
' the American merchants from purchasing in the hunk
Sir JOHN NEWPORT supported the opir.ion
tti
Mr. Baring, and said, that in proof that the depres.
sion. of trade in a country might have the effect a
considerably raising the price of stock, we need only
look to the case of Flanders, where at the time whea
trade was totally stopt, the funds w higher ow;
in any other part of Europe. But independently ,j
.the transfer of commercial capital in England. to this
funds, in consequence of the depression of trade, a
very large share of British capital, eniPloYed in car,
rying on trade in Russia and Portugal, was hronsta
!ionic, in cbdsequence of the stoppage of all British
trade in those countries ; and it was, naturalry
enough,, placed in tlie.public funds, where the owner.;
could alway.cpmmand it when wanted, rather tl.ati
vested •in ,the -.purchase of lands, where proptletsns
could not always withdraw it at pleasure ; aad this
accounted for the present high price sa stuck.
After some liirther discussion the Coninottee went
.through the bill, and the Chairman was ordered ta
report: to-norrow. ,

M AVNOOT.II COLLEGE.
RTON ithen brought up the Report of
the grant -tp. the Catholic College of Mayriooth.
• On the nio;ion, that this Report be read A second
time,

• Sir J. NEWPORT rose, and went owl- the•
riot's arrninieuts which -hehad formerly: adduced in
support the g`rantbeing the same this year ac it had
been the preceding. He contended, that the proposed
diminution from £13,000 to 89000. discovered
principle of- intolcra ace and proscription towards •th:-
Catholies of Ireland, and concluded with. Moving.
that the Report be re-committed, fur farther. cons.- •
dcration. -

Sir A. WF.LI.ESLEY- replied to the•-p-:.zuntentt
of the HOnourahle Baronet, going civet the .
I
vounds that had been stated on the firmer deliatc
on this. sullicet. lie observed, that. it , hail heel .
Liken for granted, that the bestowal of. the, funds
for the support of the College, would give :the Go. .
vernment a degrei.! of influence over those who . cot-
ducted it. This, however; had not pr(;ved to be'the
case, fbran instance had come to his lifnewledge, in
which a student had been expelled froth the Institu-
tion, and the Government had recesntnended,,on •
account of several circumstanoes, that lie. should he .
restored. This was accordingly done, 1 u 1 the teaChers
of the Institution had 'at the same time • declared to
that person that he should never receive priest's orders •
.frorn.theen.. This spewed the slight influence which
Gm-eminent enjoyed. * • •
CoIonet:MAVIIIEW supported the amendment
wide great warmth. He. had been at Maynooth-tiot '
more than ten day; • ago, and could jay, that -the ••1
. buildings now -standing were in
.such an unfinished
state; that they would, fall, if an addition 'was not
made .to the grant. He contended, that if the system
pursued by the Chancellor of the Exchequer; who had
constituted himself the Defender General of the Pro-
testant Faith, was followed up, the safety of Ireland
coold not be answered for. The EMeerer Napoleon ,
had offered to re-establish all ,
the beau: for the edu-
cation of Irish Priests in France that existed. before
the revolution ; but the heads of the Catholic Clergy.
in Ireland had refused to avail themselves of this •
offer, and this.patriotism was entitled to some return.
Indeedshe had heard that the majority of the present
Ministers were inclined to accede to- the continuance
of last year's .giant, but that th* wishes were over
by that overpowering jar 'nee. behind the
Throne, which- was paramount to Ministers diem-
selves. He had heard that Ministers were obliged,
on this -occasion, to go to St. James's in a body,
where they were closeted for an hour with a certain
Royal Duke, who was Chancellor of the College of
Dublin, and yet seemed . hostile to the diffusion of
knowledge, and that in conrequence of this, they
found themtelves obliged to propose' the diminution
of the grant. (This speech, especially the latter part
of its excited cries of hear, hear !)
Mr. WILLIAMS WYNN regretted exceed,
ingly the prevalence of that power, greater than the
Cabinet, which had already produced the rejection
qfithe Reversion Bill, and which was likely to deny
The. former grant to the Catholics in Ireland. He
deprecated the present grant,' which, he wasconvince4
would only.have the effect of holding up the present
AchninistratiOn as the friends of religious bigotry, and
as hostile to the religion of the great body of the peo-
ple of Ireland.;
The CHANCELLOR of the EXCHEQUER
said,..that.no „man had a rntire rooted aversion to any
thing like intolerance than he had, though he cer-
tainly ‘Vra* one of those who were alive to the feelings
of preference of one form of religion tq another ;
and certainly-it could tiot with any justice be said,-
that theproviding of a certain sum for the education
'of priests who did not belong to the established
'Church,—was any proof of intolerance towards those
dissenters from the establishment, but rather the con-
. trary. Those, therefore, who excited. such a cry
about intolerance, raised it upon a false foundation,
and he would ask them.to look back into the history
of past times, and see whether intolerance had not
assumed a very different aspect from the measure
which was now proposed?"; It had been repeatedly
stated this night, that this measure was not the wish
of Ministers, but that they' had received their lesson
! on-the subject from a Prince of the. Blood Royal.—
Now, upon the word andJumour of a man, he would
state, that neither he, nor as far as he knek, any one
of his Majesty's. Ministers had anted under any such
influence. He utterly denied the assertion.
LOrd H. PETTY replied with great force and ani.
maim. The grant, he. observed, was trifling in it-
self, but most important when viewed with regard to
the policy by which it was dictated, and the view
which would be coati:tined of it by the Catholics