Star.
London, England, 1822-05-04 00:00:00

HOUSE OF COMMONS.

Mr. CURTEIS presented a Petition from the Owners and
Occupiers of Land in the Eastern part of the County of Sussex,
complaining of the great and unparalleled distress by which the
Agricultural Interest was weighed down. He gave a descrip-
tion of the deplorable condition of that class, and said that the
Petitioners regarded with regret and disappointment the unpro-
mising Report which emanated from the Agricultural Committee.
The sufferings of the country could no longer be called distress
and misery, but absolute ruin and desolation. He thought that,
as the Ministers were not divosed to give any relief by reduc-
tion of taxes, and as they had entirely deserted the interest of
the Land-owners, it was high time the Landed Interests in that
House should desert them.--The Petition was then read, and
ordered to be printed.
Sir R. SHAW postponed to Thursday, the 30th instant, his
motion for the repeal of the Irish Window Tax.
Mr. BLACKBURN presented a Petition from the Direc•ors
of the Chamber of Commerce and Manufactures of Manchester,
complaining of the restrictions imposetron trade by the iMpolitid
Acts relating to the East India Company's Charter.
After some conversation, in which Mr. GLADSTOII2, Mr.
MAILAYAST, Lord STANLEY, General GASCOYNS, Sir ISAAC COP.
rue, and another Member, took a part, the Petition was ordered
to be printed.
Mr. GLADSTONR presented a Petition front the Ship-
owners of the Port of Greenock, in Scotland, complaining of the
dull and unprofitable employment of Ships, and of the heavy
duty for Light-houses in St. George's Channel.—The Petition
was laid on the table.

311... LOCK II ART presented two Petitions from different
Owners and Occupiers of Laml in the County of Westmoreland,
complaining of ctistress, and praying for high protecting duties.
—Laid on the table.

Lord F. OSBORNE presented a similar Petition from the
Farmers, Freeholders, i:lergy, and Gentry, of the County of
Cambridge, voted at a Public Meeting convened by the High
Sheriff. The Noble Lord observed, that he was not At the
Meeting himself; but, from the information he received,, he had
every reason to believe it was numerous and respectable. The
Peridoners said they were reduced to absolute distress, which
was not to be ascribed to the causes assigned by Ministers, but
to the excess of taxation, %Lich would not have been imposed
by the real Representatives of the People. They complained of
the extravagant expenditure of the public money, in Pensions
and Sinecures, and in supporting a Standing Army, and prayed,
as a cure for all those evils an effective Reform in the Commons
house of Parliament, and reduction of Taxation. •
_ _

The Marquis of TAVISTOCK supported the Petition, and
bore testimony to the respectability of the Meeting.—The Peti-
tion was then read, and ordered to be printed.
Mr. 110131IOUSE said, he had a Petition to present to the
Home complaining of the practice in the Court of Chancery,
which was entitled to its serious consideration. It was from a
respectable Citizen of London (Julius Adolphus Schroeder), who
stated, that on the sth of March last be presented a Bill, which
had been duly drawn up, engrossed, and signed by the Comm&
sinner., to be signed by the Six Clerks, which was refused -be.
cause it had not received the signatures of Counsel. The Pesi.
tioner complained to the Lord Chancellor of the refusal of.the
Six Clerks to sign the bill, when ids Lordship confirmed
had been done by them. The Petitioner referred to several,
dent Statutes, to thew that, according to the common law.
person could be precluded from pleading his own cause.
(Mr. Hobbouse) knew that It w.O the practice of the Coen
Chancery to receive no Petitions unless they were signed
Counsel. He hoped that the lion. Member fm Durham (1
M. A. Taylor), who had given notice of a motion for correcting

nt what
rem/ a.-
saw, no
se.. -Hp
Caen of
i
r 0 ed:ii
un (Mr.
meeting
... •
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I.

ALIEN BILL.
24r: C. rIUTCHINSON 'said, that having seen 'the Hon.
Under Secretary of State for the Home Department in his place,
he would request him to postpone his motion on the Alien Bill.
It wits'well known that the 13111 would meet strong opposition
leen! misty Pion. 'Gentlemen, and it would be fair to give them
tine for ianniderati on.
Mr: DAWSON consented to postpone his motion to Tuesday,
the List: inst. and it was postponed accordingly.
SCOTCH BURGHS.
Lord A. HAMILTON presented a Petition from Perth
against the Lord Advocates Bill, which, after a few words
-from the Lents ADVOCATE, Mr. KENNEDY, and Mr. J. P. °SAN;
KU laid on the table, arid ordered to be printed.
• • Lord A. II A MILTON presented a similar Petition from the
Free and 'lncorporated Trades of Dundee, in Scotland.
The Petition was supported by Mr. J. P. GRANT, and after
a d•atiussion between the 1.4110 ADVOCATI, Sir Groacz CLIME,
Mr. Hume, Mr. Driemmown, and Mi. BENNET, the Petition
was ordered to lie upon the table and be printed.
AGRICULTURAL DISTRESS COMMITTEE.
Mr. BROUGHAM ',aid the Noble Lord must be aware that
the Chancellor of the Exchequer had declared his intention of
bringing under the consideration of the House the Report on the
.i. 5,000,000 for the payment of the Naval and Military Pensions'
agreed to by the Committee on Wednesday last. As the House
had not yet come to that measure, and as several Gentlemen
. had still Petitions to present, he suggested to the Noble Mar-
quis the propriety of putting off the Resolutions on the Agricul-
tural question till Monday night.
The M.rquis of LONDONDERRY woul put
d ut off the Re-
solutions till Monday next, rather than keep t House in a
state of uncertainty regarding them. It must, however, be upon
a clear understanding that no private business should interfere
to prevent them from hying taken into consideration before an
ether business.
Mr. BROCG HA M.—Every Gentleman who wished well t
the question must wish it not to be unnecessarily postponed.--.'
Was it, therefore, to be considered as peremptorily find for
IMond v ?
The irqui; of LONDONDERRY.—Yes; let it be mkt.
stand that it comes ou the very first thing on Monday next.
Mr. 'COKE objected to the Resolution of the Noble Mani*
which permitted the gi-inding of foreign flour. He added, that
if he were present on Monday next, he should object to all the
Resolutions proposed by the Noble Marquis.
The order of the day for the further consideration of the Re-
port of the Agricultural Distress Committee was then read, in
order to he postponed till Monday next.
OFFICE OF POSTMASTER-GENERAL.
The Marquis of LON DON D F.lt RY appeared at the bar, and
delivered the following annunciation from his Majesty to the
Address voted last night by the llouse, respecting the office of
Joint Postmaster-General :
" The King having been attended with the Address of the
House of Commons o yesterday, acquaints the House that he
will give directions that the Salary of one of the Postmasters-
General shall forthwith be discontinued.
0 His Majesty only postpones the abolition of the office of one
of the Postmasters-General, until he shall have had the oppor-
tunity of considering what permanent arrangement may be ad-
visable for the conduct of the :business of that department." -

AGRICULTURAL DISTRESS.
Mr. WESTERN presented a Petition from certain Owners
of Laud in the county of Kent, complaining of Agricultural
Distress, and praying for relief.—Laid on the table and ordered
to be printed.
Mr. COKE presented two Petitions on the same subject,
from two different hundreds in Norfolk. They both prayed
for Reduction of Taxation and Reform in Parliament.—Ordered
to be printed.
Sir K HARVEY presented a Petition from the Parish of
Bradley, in Essex, complaining of Agricultural Di,tress, and
praying for relief.
Air. WESTERN supported the prayer of the Petition.
After a few words from Mr. N. CALVERT, Mr. RICARDO,
Mr. Pintales, and Sir W. Da CILESPIGET, the Petition was
•rdered to be printed.

may ot
take to proiide for the charge of the abovementioued pensions
and allowances, or any part thereof, in either. of the above
modes; and who shall give adequate Newrity for the perform-
ance of such undertaking."
The first four Resolutions were agreed to without.
any observation. The fifth having been put,
Mi. HUME rose. He said he did not object to
the preceding Resolutions, because he eonshiered that'
they had nothing to do with the question immediately
before the House ;- the fifth .embraced all that really
merited attention. To that he objected, and)htended
to conclude with moving an Amendment to that Re-
solution: The' Ministeri had contended for the ne-
cessity of sustaining a Sinking Fund of T. 5,000,000:
they had induced the House to be of the same opinion+.
and they accordingly taxed the People for the main-
tenance of such amount of Sinking Fund. Others
had thought, and he was of that opinion, that it would
have been better to reduce four or five millions of
the taxes. That would have been a more effectual
mode of relieving the People, than taxing them for
the purpose of having a Sinking Fund. A proposition
to that effect had been made on a former occasion,
but it was,.rejected. They had been told by the
Ministers, and particularly by a Noble Marquis, thati
they must do something to meet the debt, and there-
fore a Sinking Fund of five millions was to be main-
tained. After that determination, he was certainly,
somewhat surprised at the present proposition : for if
he understood what was now proposed, its tendency
was to'clefeat those objects, to accomplish which the
Sinking Fund was supported. The plan was to
lessen present charges at the expense of the future.
Thus they would have in operation two principles
that were opposed to each other. He could hardly
think the present plan had been soberly considered;,
if it had, and if the interests of the country bad been I
duly considered, he apprehended that there would
not have been submitted to them so complex a scheme.
For years their financial schemes had consisted of
shifts and expedients ; they were not marked by clear
and distinct principles : but he had hoped that they
might at least expect something like simplicity in the
plans proposed to relieve the financial difficulties of
the country. Such expectations, however, were vain.
They had now submitted to them a financial opera-1
tion that was to spread over a period of forty-five
years, and which was of a character still more to
confuse the finances of the country. The sum to be
borrowed--£2,200,000, or whatever was the amount
—was so large, that he thought there would be dif-
ficulty in procuring persons 'to contract for it; he
was of that opinion from the peculiarity of the trans-
action. According to the calculation, the parties who
took the contract vioul.i have to make advances for
sixteen years, before they would be in a situation to
derive any profits. Where would they find parties in
a situation, or disposed to make advances under such
circumstances? And if parties were found to con-
tract for the loan, it would be on terms greatly ad-
vantageous; so that the success of the scheme would
doubtless produce much loss to the Public. But why
was not a simple plan proposed? Why had they
submitted to them so complex a scheme? As proof
that it was a complex scheme, he had only to men-
tion that many Honourable Members, like the gallant
General (Gascoyne), had much misunderstood it.
Why, instead of the scheme now suggested,' had not
the Ministers proposed that the contract should be
made with the Commissioners for managing the
Sinking Fund? That would have been a measure.
simple in its character, and easy of execution. That
would be making good use of the public money; and'
it would save many expenses, particularly that of a
bonus at certain stages of the transaction. He could
not see what objection there could be to the adoption
of this plan now. It was the plan that formed the
groundwork of his Amendment; by its adoption they
would be making the best use of that surplus revenue
which constituted the Sinking Fund. He concluded
with moving, as an Amendment, that all the words
after t‘ treat and contract" be left out, and these words
substituted, is with the Commissioners for the redemp-
tion of the National Debt for the sums required." '
Mr. CRIPPS expressed his surprise at the amend-
ment, as the Hon. Member's labours had been di-
rected to diminish or relieve the existing burdens of
the peoples The plan now before the House would
have that effect, and yet it was opposed. The amend-
ment he could not approve; he would not give his'
sanction to any proposition that went to encroach on
the Sinking Fund. As to the plan, he could not
conceive how the Hon. Member, with all his know-
ledge of calculations, could call it complex—when
the plan was clearly understood then it ceased to be
complex !—(Hear, and a laugh).—lt had been said
that this plan attacked the Sinking Fund. He admit-
ted.that it would operate, to a certain extent, in op-
position to that Fund ; but by the plan being carried
into execution, great advantage would result to the
country. The Ministers had been attacked for doing
nothing to relieve agriculture. He was ft iendly to
the principle of maintaining a Sinking Fund to the
present amount; but at the same time he contended
that the distresses of the country, especially those of
agriculture, required immediate reliel'. The best in-
terests of the country could not go on without that
relief. By the operation of this plan, the Ministers
would be enabled to make a reduction in the taxes
to the amount of 1,800,0001. That would afford a
good deal of relief ; portions of the Leather, Salt, and
Assesses Taxes, could be given up, which would
prove to the country that they were disposed to afford
all the relief that was to be obtained from a.climiner-
tion of taxation. There might be reductions of the
expenses of the GovernMent which would afford the
opportunity to make still :further reductions in the
taxes ; he should be glad if such further.advantages
were gained for the country. In 'the meantime, he
was satisfied that this plan would operate beneficially
for the country, without injuriously interfering with
the.interests and objects of the Sinking Fund. He
doubted•not that parties enough would be found to
contract for the loan ; indeed he understood that many
were -ready at the present moment to treat:with the

applft Sinxin Fund,
and therefore approved of the amenaraliiii, carry-
ing the plan into execution by such means, if there]
were any advantage, it would be gained by the Pub.;
lic. With respect to the Sinking Fund, be had sup-,
ported it, because .the negociations respecting the
Five per Cents. were proceeding at the time. That;
object had been accomplished, and he 'therefore saw
no reason for not now directing the Commissioners
for the Redemption of the National Debt to treat and
contract for the sum; required. It was the duty of
the House to afford all possible relief from taxation
to the country, and he therefore was ad of the ame-
lioration that would result from the Minister's plan:
he Was at the same time of opinion that it ought to
be carried into effect with all possible savings, and
for that reason be should support the amendment.
Mr. J. MARTIN begged to know if the office
were still open for the sale of Government Annuities?
He asked this question, because he wished to know
if the Chancellor of the Exchequer meant that it was
light for the country, at a time like this, to sell An-
nuities at the cheapest, and buy them at the dearest
rate ?—( Hear, hear.)
Mr. RICA RDO said, that all now concurred in
one point, that the nation ought to be relieved; for
this reason, those who sat on the Opposition side had,
not the slightest objection to the plan for the assist-
ance of the distressed by the diminution of taxation.'
The only question was as to the most economical
mode of doing so. The proposition of the Honour-
able Member for Montrose was the same as that of
Ministers, only he wished the contract to be made on.
the most advantageous terms. Whatever bonus the
private contractor obtained, would be a clear loss to
the country, with the accumulation of compound in-'
teiest. There could be no doubt that if the sum re-
quiied were now taken from the Sinking Fund, at
the end of forty-five years the country would be in a
better financial situation than if the money were bor-
rowed of individuals, who would, of course, make a
profit of the public wants. He was an enemy to all
complicated schemes, and was for avoiding a crooked
path when, there was a straight one before them lead-,
ing to the same end. The clear and obvious 'course'
was to take the sum from the Sinking Fund; and if I
Ministers did tot do it, it was only because they had'
so short a time since so repeatedly and successfully
called upon the House to support the Sinking Fund.
He did not think his Honourable Friend (Mr. Whit-
more) quite consistent in voting for the amendment,
havingo earlier in the Session voted for maintaining
the principle of the Sinking Fund inviolate.
Mr. T. WILSON contended, that at the present
moment, while the Three per Cents. were at 78 or
79, Ministers could make a more advantageous bar-
gain than at a subsequent period when they were
lower. Besides, they would thus avoid the contin-
gencies of war. It was just as proper now to sup-
port the Sinking Fund as in the beginning of the
Session, because the period might not be far distant,
and .he hoped it was not, when Ministers would be
prepared to pay off the Four. per Cents. The pre-
sent amendment was an attack upon the Sinking
Fund by. a side wind. Though relief from taxation
was very desirable, it was even more important to
keep faith with the public creditor.; . and if that faith
were not kept, the Agricultural Interest might suffer
even more severely than at the present moment.
The SPEAKIER having put the question, it was or-
dered that strangers should withdraw for a'clivision..
Mr. BROUGHAM was of opinion chat some an-
swer ought to be given-to the cogent arguments
which had been advanced by his Honourable Friends.
He congratulated the Chancellor of-the Exchequer
on his having at length consented to reduce•tazation.
He had begun well ; for two millions was a good
deal for a man who a short time since said that he
coukl-not give up a farthing; and it should not be
his fault if he did not reduce several millions more.
It an advantage were effected in the contract from
the probable failing of the Funds, as bid been stated
by the lion. Member for the City of London, why
not contract for a loan of twenty millions, and ap-
ply that sum to a Sinking Fund, or any other useful
purpose? There was also thirty millions of unfunded
debt, and why not fund that debt if such advantages
were to be derived from it'? It was quite obvious
that the taking the money from the Sinking Fund
would be the mode most consistent with economy ;
for by doing so we should retain to ourselves the
profit which must go to the contractors, be they who
they may. It necessarily followed from this plan
that we borrowed, and that payment was deferred to
our posterity. As to the Noble Lord's plan of the
Sinking Fund, to let the five millions go on accumu-
lating at compound interest fur ten years, until it
amounted to eight millions ; during that period no
taxes could be taken away, but after its expiration,
the fund would be applied year after year to the re-I
duction of taxes ; while the country was in its present
lamentable state of distress, he contended that we had
better have no such Sinking Fund at all. The five
millions ought to be taken for the repeal of taxes, to
be laid on again when the country was sufficiently re-
cruited to bear it. But then came the question, since
they were to have a Sinking Fund, what were the
best means cf employing it Now he had a plan
which he would state to the House, and which he con-
sidered to be of much more value to the country than
the Noble Lord's. He would take the five millions
and let it operate by simple interest only, which
would give C. 2.30,000 a year, to be repealed in, taxes
immediately. In the ten years this would reduce
0,500000 of taxes, in twenty years five millions. By
the Noble Lozd's plan, in twenty years they should
have remitted four millions of taxes. At twenty-six
years the Noble Lord's plan would overtake his, and
after that it would have the advantage. flow, he
would ask, did this correspond with the Annuity
el,O The one made the expense fall upon the
future generation, and the other took it off. The
two plans were directly opposed to each other.—
With regard •to the Chaiteellor of the' ExCliequer's
plan, i!..s novelty Would raise the Nvairket against

•
Mm mustk always be bribed tato such tratinc.
therrdid not understand from experience.--
market into which the Right Honourable Gen-
tleman would glyttittst necessarily be confined. lie
eitreated the House to consider what mug needs fol.
low such an nrrangentent. There was no difficulty
negotiating a loan, because personshaving money
'Pare "Odd 'MN& it hi that, knowing that their
were immediate. Btu in this' case the bid.
must necessarily be contracted, and cunfired
irge capitalists. That private individuals, there.
shotild embark property hi it Was not to be be.
hewed, when they saw the very few persons who el.
tered into tontine concerns, note ithstanding the mear
taken to puff thew. A few, who wished to provid,t
for their children, by advancing sums at their birth,
to be receivsd when they became of age, Migiit
chase in this Fund; lint the naturally limited chat-Jr..
ter Of the market rendered. it certain that persr,n.:
must be•bribed, in order to induce them to cotitmcz.
In any case en advantage must be given, and he in-
treated the House to think whd was to pay to it:
them only look at the ridicule which would attach to
their committing such an absurdity. At the seer,:
time, when they were locking up 5,000,0001. in a
chest, and lending money to great disadvantage,they
were tei go.into the market and .borrow money at a
great loss. Thus,. whether they were borrowers (.r
lenders, the profit always went to the contractor,
Any Gentleman in private life who pursued a simi-
lar course, instead of being sen: to his own mathant,
would be taken to Bethlem Hospital. The Honour.
able and Learned Member then put the case of a vi-
vate individual borrowing mom.), at di,advantage,
when he had the means of paying the debt in his own
hands. He saw no reason to shift from the ground,
upon which he first heard and understood it, and upna
these grounds he should vote for the amendment.
The CHANCELLOR of the EXCHEQUER said,
it was the good fortune of this roposition to rectiv2
the support of both sides of the nouse, only th st son .e
desired its modification. The other siJe wisheJ t•,
support it by breaking down the Sinking Fund, LL iii:!
they, on the c:.nurai y, thought the preservation (
the Sinking Fund .necessary to its being carried int,
effect. At the commencement of the Session. the
Hon. and Learned Gentleman pi oposed the leini,Lbm
of taxes to the amount of the Sinking Ftoid.
they thought the honour, and the • iguity, and ti•c
public faith of the country, could only be maintah:ei
by making the Sinking Fund in.iolable. Upon
strength of this determination they had been eitahko,
to execute a financial operation, Ls hich had net beea
equalled in importance of late years And now, ;Iv
the confidence of the high public credit whic:l..n,•v
had established, this other proposition was veliztl.ci
upon. Ely it, £2,000,000 would be given to a IN %'?
the existing distress. The Hon. and Learned G.:..
tleman said that it uould re•is upon posterity; ;;;;%
be contended; it would do so in a tair and kis Li:-
gree. He thought the Hon. and Learned Gentleniar.
ha fallen into the error of many otbels, who a-s• net
that at the end of forty-five years we should bin:
more debt than we should hare had without the
Baou6nist—" I said we .hart ha. e


•-••T-

more I"3—The CHANCELLOR of the EXCHF.QuEit
willing to allow that we shall have paid mos.. ti.i ohe
period when we had paid less for another. He did say
that nothing could be more just and equitable than
such a distribution of time for the payment. Time
was a great difference between paying 3.000.0001.
a-year for a number of years, and 5,000,0001. now.
He did not say that.we were in that extreme Liiarea
which Some Hon. Members.believed ; but if we we:e
in that extreme distress, the eiffeience in the payment
of these sums was still more considerable. Gentle.
men on the other. side had all 'become exceedingly
jealous of
.tbe_intetest of the Sinking Fund, and sai:i
that this plan was an encroachment upon it. A short
illustration would show the error of this suppodtion.
The existing fund of 5,0e0,000/., was applied to tlx
extinction of 800,000,0001. of debt. It they tor:
away 2,000,000/. of -that Sinking. Fund, they would
• destroy the operation-of that amount upon the National
Debt. But if they took 2,000,0001. 4' this plan
from the dead expense, it would have noiliag to da
'ski) the interest-upon the National Debt,'because it
was a new kind of debt, and which would expire at
the termination of a certain number of yearsashether
the contract was Made or not. Although it was na
ee-
croachment upon the Sinking Fund, it was quite po„-
sible that the money might be taken out of the mark.:.
—But so it might in the contract for a canal, or lc!
'foreignloans. This was a possible evil to which sec.'
transactions were ail liable in common. The Hon. ( lett:.
had also made a calculation as to the Sinking Fund.
He proposed that it should operate at comman
rest only, and that it would thereby give 2,500,000.
of taxes to be repealed in the first ten years; in twenty
years 5,000,0001. and in thirty years 10,000,tx41.
Now the measure of his Noble Friend would proviic
for the reduction of 1'2,000,000/. at the expiratior
thirty years; and upon every succeeding ten years
would give an excess of saving over his of 1.500,0001.
With regard to the taxes to be reduced by the opera-
tion of the general plan, it would not be expediet::a
come to any determination upon that point :it
sent. Nothing could be more unwise than to fix t,•‘!::
any particular tax arprezent : it would tend to ea:-
barrass the course of trade, and be very injurious t'
general interests :. thc effect of the plan would be :0
place at the disposal of Parliament 1,800,00 e!. ei
taxes, to be remitted either this Session or in the
ginning of the next. While they wci e upon the sn'a•
ject of taxes, it might be as well to look at wh-ir
had already been done in the way of remission since.
the peace. The amount of taxes taken off was twe.as
millions; and if the remission of taxes was that gte'
panacea for distress which it was represented to
to what a degree were the country indebted to Par-
liament for this very extensive r emission. With lc'
gard to the terms of the negoeiation, he was net so
young as. to submit null a measure to the Eh e
without some prospect of being able to effect it. II
had the satisfaction to state, that it was not likely t'
be confined to one person, hut that it would be or'
to public competition. Were they going to make 3
wise or an improvident use of the money to be raisc-:
by this annuity ? It was to be applied to the redo`"
tion of taxation ; and if Honourable .Gentleinen wet-.
not satisfied with that; they had better' suggest set'
other use fot• it. He eßtiiely disagreed with the rg-'
posed amendment.
„
BROUGHAM, in explanatian, said that
had never expressed a wish fur the final and ohin!3.-

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about icofo,ooot4tbo saW auna'nf 4,,, ' u..44.......A5...
~,i. they would iontraiwith tart' entsi,rf The mar
attention 0- ' "4. Thatit is shaopioloa, of '
N ..1 .._
um pitiketZtor onion this the practice or the Oeltrt , ablict the rOte thlitOt &men
s tp 40 ptiblie si‘ eistreates
of Chancery was Independent of the coMmon laws. .. meat at:cum-illation of soma Sante
ooing it would be
After a few words from Mr. Hosuovsx, the Petition was or.' the countryl it ianspedlant to nuke ,114
this burden io as to insure its final • . • • , *her by an equal terests to throw any obstacles in •the\isiiy 0 !bete low iltie
dered to be printed. •
annual annuity, telleninable within "pearo,tit to, permanent an- financial plans of -the Minister. .. • 'in negoc
Mr. J. P. GRANT moved for certain Accounts, she n- g
n- the .nulties, with such provision for the remotest thereof to is re- Mr. WHITMORE agreed in what had fallen from to-spare
eum that had been expended on the Sinking Fund from the year
oiled by the Act 34 Geo. 111. e. 16.
2193 to the Tetrleirt ' also the sum of Stock purchased there-the Hon.ouiable Member for Montrose (Mr. flume): returns i
4 ~ 5. That it is the opinion of this Catmint*, that the Com-
with by the. Comntisakncrs of the National Debt ; also the total that'Honourahle Mernber's views on this subject he deft mti
MiIIiOUCTS of his Majesty's Treasury should treat and contract
• . 'amount of the Unredeemed Three and Four per Cents. &C.— (subject to the approbation of Parliament) with suck bodies po- considered to be decidedly cgorect. Are- thought it to large
Ordered. 11? and c_o_rp_,Ao_rartl, o.krft.hue.r.p.e.rs:ll,thapsxmh...ay be.....nwtiinilin.i.gaton:no‘dinen% I _ _
would be much better to apply to the Sinking Fund, fore' sly
-...i..-‘;.: o ______ .• - '_ .