Star.
London, England, 1824-02-24 00:00:00

7I: _ ,

for a number of yeafs 66stottel upon vatiotta
of our trade or manufactures, and which he ,
should be discontinued. The bounty on the
shery would expire in the present year. That
' he and the Members of the Board of Trade considered
and found to be useless, as it boie too small
tion to the capital employed, and the expenses
in such an extensive undersalsieig as the whale
produce the slightest effect upon it, and was _
fore an object o(any consequence to those engaged
it. fiere were other botintiei Which he should " -
dispose of in the same manner. These were
ties allowed to the persons engaged in the hei
other fisheries. These bounties might have
well at former periods when encouragement
sary ; but now—when our exportation of herri
foreign countries was so considerable, yet incrr
when we were not only able to compete wit'
drive out of foreign mat kets our enemies,
rather, the Dutch—these bounties had ceased
necessity ; and he therefore thought they ougl
suffered to die a natural death--T Heat, hem .
Another class of bounties, which, however inexpedient,:
they appeared to him, he felt the delicacy of apr
ing with a view to propose their continuance—knowi,
how strongly the feeling was in favour of them
land—he meant the bounties upon the export
linens. Knowing how desirable it was that
should do nothing calculated to prevent the application
of capital to manufactures in that country—knowinr
that the want of employment was a principal -
the disturbances in Ireland, yet he could not
eyes against the conviction that these bounties
longer necessary, and that they produced no
whatever—(Hear).--It was clear, that if
were paid upon the- exportation of any article
duce or manufacture to a foreign country,
duty which would otherwi,e be charged in
try on its importation, that it only enabled soch
State to impose an additional duty on the
such article, equal in amount to such bounty.
could be so blind to this natural consequence
the continuance or creation of such bounties—(
He was convinced, that so far from being ado-
be the manufacturer, bounties did harm;
therefore propose that the bounties on the ►
of coarse liiiens•shoold be discontinued, ank
duty on finer finens should be diminished
cent. yearly, until it should cease altogether.
continuance of those bounties would, produce
of 100,0001. altd would produce that advanta;
same time-that it would be Serviceable rathi
jurious to that branch of our manufacture.
spect to other articles of Excise, the Stamps,
laneous, &c. h %%bold not be prudent to encou,
!pope that they would increase; he should ther,
iitent on that head. On the expenditure of s-
kowever, he filt it his duty to offer some rema,
calculated the receipts would be the 'One
1824: and calculating that no other change wl
place, except in one item—the rewards and al
m pensions or half-pay to those who Pia&
wounds or other injuries in the service of the
resultpf these calculations, he said, wont
the savings Would amount, for the year
1,710,9851. for the year 1824, to 1,052.0761-
1825, to 372,3461. for the year 1826, t 0477,8461.
year 1827, to 522,3461. which amount altogether
4,135,0991. and which sum.we should have at
at the close of the year 1827—(Cheer[).. Then
question, «What will you do with it ?"—(A
His answer was, 14 can do a great deal of
it ;" and be had not the least dodbt that he
the House very ready to suppoit and eoable
fect that good—(Hear!)—Themost obvious
dealing with that surplus would be no doubt
to go towards the reduction of the debt ; but
could look at the state and amount of the revenue,
of the consequences that had resulted from
sive taxation, without feeling that it was the
the House to seize the earliest and every possit
tunity to revise that 'system of taxation--(Cheers
and to place the revenue in such a state that shout,'
arise,,our enemy should feel that it would
matter to grapple with us. He therefore
establish with that surplus a ground for
and fiscal regulations) which, he had not
doubt, would leive us at theexiiiration of foul
a more prosperous and flourishing state than
First he should notice an article of considerable
The Committee would perhaps recollect, th
the last Session of Parliament a vote was
certain annual duties upon foreign spit its, a qs
arisen respecting the propriety of reducing if,
upon rum. His Majesty's Ministers were pressed at
time by the Hon. Member for Bristol and the
Member for Aberdeen to propose such
the Hon. Member for Aberdeen specified a
sum, which he proposed as. an amendment
He (the Chancellor of the Exchequer) had
time made up his mind as to-the best mode ,
such redtiction; but he thought that it would
that the permanent duty should be reduced,
which was annual, and which was voted el
he had not, however, wished to propose it,
lore had prevailed uppnabe Honourable-Coe
withdraw it. He now proposed to reduce ,
rum, so as to relieve the West India produce from
of those heavy duties under which it at
boured—(Hear, hear.)—He felt, at the same
it would be unjust to reduce it below the
,upon the manufacture of British spirits, and
proposed' the reduction of Is. I id. per gallon
which would place it, with respect to duty,
equality with Biitish spirits. He 'knew th,
Lion would arise to that, proposed reduction,
of the difference in the strength of the two
the House would recollect, that the ditty
calculated upon the strength of the spirits,
tisli spirits also paid by-the duty on the mal
it is distilled. He considered the reduction p
the result tif a sound principle ; and he felt
due to the West India proprietors to give ,
tage which their pressing wants and the jnsth
case entitled them to demand of Parliament 4—(.
That reduction would cost the Revenue about
The next article of reduction which he Omni
was one which applied to a subject of whi,"
had lately heard a great deal in the course
sent Session of Parliameot, particularly from
Alderman (Wood), one of the Members for'.
ILondon : he (the Chancellor of the Exchequer
ho the Duty on Coals. It might, therefore,
sary for him to Calare his sentiments on
because it might be expected that, from his
the topic, the whole of the duty upon that o.
be repealed. He heard from the Honourable
for Staffordshire an objection even to the
the duty, but he was sure that because from.

.: •
•
branches
111‘
e proposed
the whale
hat Lounty T
considered •
a pope!.
Es incurredi fa
e fishery to fe
not there. fo
engaged in• fa
uld with to' ip
e the boon- •
lei ling aril be
(hum very eo
was netes--
berrings to'
acreasing--; lot
tall, but to
;, or 'ink
ed t* be of
tight to be
ear, hear).-
inexpediene tot
approach. tat
!—knowing
hem in Ire. A i
rt of B:itish be
Parliament
application
•—knowing otiti
gal cause of wh
of shut his fat
ies were no At
'advantage
f a bounty .ds
icle of pro. tpa
beyond the to
such own- sal
uch foreign ey
import of 111
r. No man
e as to wish
es—(Hear). ifs
Ivantageous eat
he should ,to
exportation
od that the ill
I by 10 per
r. The dis. Ai
ice a saving
tage, at the td
ter than in- I
Widi re.
cps, Dliscel- It
courage the to
therefore be
those years, al
marks. Ile
as those of •
woutitaie
1 allowances
id- incurred
e country rI
meld be, that _v
r 1823, .to tl
for the year ti
A 441. for the
ther came to ti
our disposal Al
en came the
A laugh.)—
of good with
t should find
e. him to ef-
otrs mode of 11
st to allow it
but no man
revenue, and
such eaten- ,
the duty of
ssittle oppor- '1
-(Cheers)-- .1
t should war if
be uo light
proposed to
commercial
the smallest
:our years in,
Ln at present.
-able interest.
hat when in
proposed of
question had
that levied
ceased at that
id the Hon.
reduction—. •
a particular
to the vote.
id not at that
le of effecting
old be better
NI, than that
every year—
t, and there-
ientlentan to.
e the duty on
ce from some
at present lit-
tle time, that
the duty paid
and therefore
on upon ronli
, on an exact
.hat an objec-
n, on account
3 articles; but
y was always
, and that 810
at from which
proposed was
At it thelefore
that advan-
jt\stice of the
• Hear.)—
bout 150,0004-
lin& LI propose
ich the House
se of the pre-
own the worthy
For the City of
vrtuer) alluded
Ire, be necei.
n that subject,
'cis mentioning
article would.
rable Member
diminution of
Som. the long