The Sun.
London, England, 1811-03-12 00:00:00

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T ti E S I) A Mmten

1111PERLIL P.,e/RIL LIMEY/.

ROUSE OF PE.F.,BS:
MONDAY, MARCH 11.

MISCELL-ANE-OM

In h Committee of Privika-es, :their Lirdships
foul*, heard: Counsel and evidence. respe6l ng the
iletrae. .The further consideration •of
case oyas adjourned until the first Thursday after
the'E'4er.,tleeess.
The -Report of. the British Population HRH wai
preSr.-904, and the Amrodments atEfed to 'by 't
-he
Ildnse jas were some ft!! her ,verbat 'Amendments
in the Ain, on the motioct of Lorilltedesdale. -, •

on, trot? the .Iristv Secretary Of State's-
preitented an account, of the Funded and
I)ebt of Irelaud, and Akte` Accounts di.
retied to hetil.!:l annually hefote Parl:antintt.
~lr_ Owen
.pit:rte. flied eernin At-,,cuttnti front the
Direaors of the East India CompanY.,-pursuatit to
their Lord hips' order of the Stly of Jane, fast. •
1 Mr. Farrell, from the FA•it ituli3 Docks Coin
pany, presented an Account of the. Reccipt4 and
DlO)utseinents of that Cogiciratiort for the -last
year. •

These documents were severally ordered to Ite on
table, • '.• r-.
- The AncuIIISEIOP of CANTERVITRY moved, That
the Lord Bishop • of I,itcheld and toient ry be ti!:.
sired to preach before their Loidghips on Wednes-
diy, the oth instant, at the Colbliate Church of
St. retet, We,stiivinSter, beitv4 the •day appointed
for a General Fast by the Proelama;i•in of his Royal
Highnes:s the Prince ftrgent.—Ordereth
Adjourned till to.itiorrOw...

HOUSE OF COMMONS.

MONDAY, MARCH U.

A D.Tecsage from the House of horde recinchted
communication iaf, a Copy of the Report of the
Sdee'..l Committee of the use. of Commons on the
Stle.:,of, Commercial Cred:t, which was scot by
r.. Litldlingt(lll.
tht't' motion uf Mr. W. PoLO,- a Copy of ?lin
Eleventh Report of t he- Commissioners of Schools
in Ireland, was .ordered to be laid before the
Bowe. .

A Person from the Office of the Chief S,.crctrary
for ! ii1)10(.1i;ttelly presented the abose,-whirat
W;l4 Oftbled to ire prkited.
Oe.the motion' of Mr, W: Pont:, RI Address was
erdpr,d I,e pres'edted TT) hiq RoVAI Hiliness the
,N;elit, that 1, wrmid Ittt
catt.et4., lie, thtl.l4.otise Cop* of„ 111
Papers sl.ewintt titt, procvedinss- of- hk t,'ilajet.ry's •
111,4 ejtincit in Ittfiftlat'oi. the-,
repteik.utetit.,rts to them by'ille Cotton and
Wonlleo ILLtmtradonprs of tbat kingdom ; Cops
of all. Corresroncience bet weed the Lord u tvtrant
and the Chief Seeretar)::on the subjert ; and.COpios .
of all Comtutrnications msdelo the GGerninet.l of
Ireland hy the Cottiittissi.mers
_appointed for the
Relief of the said. Manutattorers.

A Pason from the. East India flowe ptegen in* a
Copy of the Prceedings. of t! c Conti of Direaors
ott declaring a Dividend of Teo and a Half pa Cent.
Ordered to lie on the table.

'Several other Public Documents were presented,
but the inaudible manner in which their titles were
,rend by the Clerk, rendered it impossible in the
Gollery to ascertain their destriptioo.

ROAD 'ACT REPEAL BILL.
Sir E. KN ATCIIIIOLL moved tho second rending of
he Bill for Repeating the Shoreham Road. At of
ast Session.

COlonet Ducxerx moved ae-,, ismeiiiimeat,
,Thai be Bill be read a second time that day six
months. -

A long discussion, , entirely of a personal nature,
ensued, in /which Sir E.,KNATcuuuLt., Mr. SWAUN,
Mt. CAT.:CRAFT, S'T W. STIRLING,
Mr...?. Sam', Mr. P.,.Mouttu.,. und Sir If. Bulk/.
DETT,,paticiratccl. • -

.o‘l a division,. thete appedred,
-For the'Amentlment
' Against. it. ,
Majority . .
The 414 was then road a second titxie, and orde.
ed-t 6 bt~ conirnit.ted.

41

0o the motion at Mr. CVRwitN, ACCOPMS, were
or.dk red to be laid before tlit: House of the Barley
itiopprted idto Great from i 9 no to 1810,
speeifying,the.quantity biought frutn,Foteign Ports,
and. tite iy brOught froili- Ireland.
kbaclliNSON postponed, until nn early
periOd alter the meet's his Motion. (which stood
for to-morrotv)' for thetepeal 'of the Convention
4cti

Mr. WIIITBRE4D postponed from to-mcirrokV,
nun!, Wednesday. , March his Motion relative to
a Provision for the Recurrence of -any Suspension
in -the ,Executive. qzwernment.
COMMERCIM. CREDIT.
The Order at the Dtsy.having been read, on the
motion of"the CtiANCELEIIII.O.I,the EXCIIEGiutiI the
kLinsefesolved emninittee; to consider
of the Repot t of the Selat Committee on COMltiliat-
cial Credit.. . • .
The CatA,NcEt.t.ott. Of the Esc:lnfant:a. that
in rising to submit to the coosider,ttion dft be.Corn-
ntifteo of the—whole House the result of the in.
tikli 111,4 of the Sole 4 Committee appointed to invewi-
gate Ifx present state- of Commercial Credtt,.aud
etitattaintog the intention of proposing to the Com-
tinitee to adopt the tneasUre recommended by the
S'elda: Committee, be thought it necessary t‘.) stsje
that he shuUld -express hi* opinion with groatlUtlance, 'and not till atm serious considera.,
tions.• He admitted that P.lll;ament ought not, to be
called. upon; nay, he
.I...titntillett that l'iotiateeni
(night not to be called upolt to interfere for the pur-
T 01 osepruvtuutt; tui*tin tunes to filth

incautious adventurers
.titjght, have .expoSed theft-
seltre4 ; bettanse he conceived that, reasoning on ge-
netal such an rtnqualifed interference
would have a tendency, by relieving the appreheo-
Skins of individuals with tespeti to the commercial
speculations in which they might have tr:tgaged, tp
dithinish the caution so necessary on theSe bubjecls,
and which was the best elecic to rash and ill-advised
adventures.- But While- he stated this as a wnetal
principle, -he yet apprehended that there neight be
,great exceptious to the rule; and that the question
must alwaysbe as to the merits Of the particular case.
Of this he was ar least persuaded, that those :Hon,
Gentlemen who agreed
_with him that the similar
interference of l'arliatheitt in .1793 was wise and tie-
cessaiy, could not now.broadly deny in into the ex-'
pediency of such an diterferetu:e. They might agree
that though titling in 17433, the interference was not
fitting at present.,:- But they cotihi --not assert that
all i•interference was improper at' antritoe..',* The
question, tie repeated, be on thy tireinnstances
of the particular casei and he' coneehred tltst the
Report oftha Select -Connnitte'e afro/tied ''suffiiient
grounds for the motion with which be should ton-
elude. The consideration of tills importarnsubjed
divided itself into• three heads the nature
and extent of the evils Which the nivaeufaaeres and
commerce Of the-A:mint' y were enduring; -4econcl-
ly; tire causes. of those evils ;--Atitt lordly, the
measures by which the evils algid with the greli;,!st
probability be remesetl.-0-Witt,. rest.eet. to the tits(
of tlie‘e cousiderations, lie apii;cl:co.led -there
could' be' no difference of wiliteie,-,,,b6;
that the nature and extent of -tire distress, de,,
seribed in the. Report of the. Select Certithittee,.
rendered 'it advisable t hat •Parliainient should adopt
some tneasuie by which that evil might at.least
be diminished. It 'appcared distidellY by. the Re-
port, th;it, the distress, origuiating with the mer-
chant, and disat ling. him from paying the ma-
nutaeturer,' was felt. Most scvvrt-ly by -rho niartu-
ladtirer, and, those employed by hint. -All theiiidi-
cipal raititufatieters had "been,,ennipelled to. Con-
tract, nod softie w holly to suspend theif'works. It
appearcd-try •the Report, that there. was scarcely it
cotton nitinulatturer id the kingdom who had_ het
dirninished, by ono half, the number of persons
employed in his -mill; and that many °lthe smaller
tuanUtatAitrors had. (lit:charged their people 'alto.
timber. It appeared r also that those who were re-
tained by the first description of manufaahrers,
err to 'conned it a redileett rate of Wages, The con-
sequence's- must, necessarily-be, as they were repte-
serried to be ifi thtillepori of the Select Committee:,
" that the most calamitous distrestpreyailed in many
of ' the marinfarturing, districts. Ilia' Report alit
stated that- .the tnerchatits , who trtid-Al with the
V,)!esi3Or Wotkr.l.,Woeing able to liti4.l an .adequate
ntilAcet ior 'their ploditee, this tiretunstistice agsra-
Ystect the distress of the manufacturers; and the
,whole operating upon the other branches of trade,
although not immediately connected with those to
which be had referred,-produced a general want of
confideuct., and suspensi.,ri of credit, which requir-
ed the application of some adequate remedy. 'Su
Much for the extent of the evil. With
.resped-to
the becond consideration, namely, the causes, it a?-
neared pretty plainly that tire; whole had originated
fr(nl)(ll,,ra,oi‘cter, ,e xtensive speculation to the ports of South
A'
l'hese speculations failed in meeting a
ready 'market ; and in tnitny cases the Commodities
brought baLk in exchange c.otild.nut.be-disposedef,
owing to. the market being overstocked at home,
&left were the 'causes. of the evil.. came to htt
cons!dered
,whether the distress was of such an ex,-
tent,, and.,,was attributable to such causes,, as to
makelt wise and prudent, jar ;Parliament to afford
tiSsiptance„ It.snight be obaer*ed th,it the.origin of
tlve.etftsiirtg,,ilistresses—over-speculation, wat hot -a
good ground -for seen u measure. • He .would not
dwell minutely onl the demerit of that rash and in'.
considerate conduct which, had precipitated those
who .ptirsued it into misfortune ; but Gentlemen
would bear in mind that on the opening of the Sotith
American markets in the Brazils and elsewhere,. to
tile adv.entores of lithish merchants, it could scarce-
ly be cUtoplaitted 01 that they did not foresee the
exadt.result of their too exteosive specirlations. Bu:
whatever 'night bee. ,the inertfor demerit of those
individuals, the consequences or their ,eintdutl had
been, severely telt, by . Parliament,' even if
disposed •to be viodietive,tonld not withhold-froth
granting.rejief to those persons,. by the supposition
that.- they had not ,autrered sufficiently for their
errors._ Ku: ;it was not to them 'that the-proposed
relief-won/el extend. " They," to,nse the wilds
of one of the witnesses, whose evidence was con-
tained In the Report of Select Connnitte,
" had gtuut to bankruptcy, long att.)." It was -to
the evil endured by those upon whom the conduct
theOrigittal causers operated, that the.'scka. Cunt-
mitte.*stectramientled the application of a-recnedy.
It, only; remained therefore to. consider, .rtnrcily,
whet her the tyeasuth suggested _in t ieitot t 'was
calculated to remedy the evil, .1-le_hail 116 dittlettil
in'adrnitting. that there. were cit cutuidances ►ehitft
ma' ked considerably between the
sent case;rind that ,of 1793. In, i 793 the markets
were not: wholly shut ; they were only it t erropted.
The.:stagnation of. trade was then ptitely temporary.
Credit. had at that period received- a 'cheek ; but it
was a` check. which a halt", time would ictiture. At
present the markets froth which relief -rnight:be de-
riyed were twofold:, SouthArnerica for ilia disposal
-44 our matinfaaures; and European for that of our
•toteigit .prodtice. The markets in the. Western'
worw Itid beets „stepped by a glut. Agint;how!.
.ever„ was but a temporary suspension or. detnand.
'There was no dittcUlly in the access to those mar-
the only 'difficulty wet in finding purchasers
for !tie VoitiAl eXitulted thither Lot
hit fruited that at no very distauf
re inovi. O. \Volt Wipe C:1 to t1C.,11)4:
huts ill L.-:!iriyv, tltr y werh at die pto:ntir niorm.rit
ciotcl/41 ch by ctlitiAS of the itte4te,,i; t.ts.. or. hat