Star.
London, England, 1830-02-10 00:00:00

the financial cendkion of the country, aid to what extent the China
trade was profitable, and what was the atm of the dillkeenee in dm
qualityand value of tea with regard to consume!, in this eountry.Un-
circumstancea,he felt apprehensive that the right •
gentleman would find the Committee had so much to do that they
would move very slowly. If the, did their duty to every past, they
could make but littlerogrees with such an immense business, sad,
at the end of one session, he feared it would be found they had but
got together an unmanageable mass of matter, the consideration of
which they mast resume in the next. With respect to the appoint.
meat of the committee, he would only my, that one thing which
appeared to him clear beyond all doubt was, that there had been no
selection for any particular purpose, but that it had been left as free
as it possibly could.
Mr. BRIGHT said, it appeared to him that the government
ought to have determined on some definite line of conduct, and to
have brought a measure down to that house, and called on them to
confirm it; and then, if doubt had been expressed, to request to
refer it to a committee. That would have been a more agreeable mode
of proceeding. He thought the time the committee sld be en.
gaged on this subject ought to be limited. He would give them
two or three years to report upon it.
Mr. P. TH ODIPSON wished to make a few observations on
what had fallen from the honourable member who had just sat down.
During the whole of the last Session that honourable member was
loud in calling for a Committee of that house, yet now be reproach-
ed the ministers for not corning to the house prepared with a mea-
sure, and then asking concurrence with it. As far as his (Mr. P.
T.'s) opportunity of judging went, he would take on himself to say
that there was nothing move unfounded than the observation, that the
people of this country and of India would not be satisfied with this
inquiry. In the appointment of a Committee of Inquiry, he
thought the government had acted most wisely ; and the only doubt
he felt was, whether two committees would not be necessary, in
order to divide between them the consideration of so important a
subject ? One committee might, he thought, be employed in con.
sidering the relations of this country with China, and another upon
the general state of India ; or perhaps the financial state of India and
the trade of China might constitute the subject of inquiry for one
committee, while the judicial administration in India might be sub-
witted to the other.

Mr. BRIGHT, in explanation, said he was a filend to inquiry,
but he thought the ministers might have directed it to one specific
point.
The question fur the appointment of a committee was then put
and carried.

Mr. PEEL did not see how it would be possible to separate the
financial and commercial concerns of the Company, u had been
suggested ; but if, in the course of the inquiry, the committee
should think that any portion of the great subject could be silvans
tageonsly esamined by a special body, the proposition might be laid
before the Louse.

The SPEAKER was about to read the names of the members
proposed to belong to the commtitee, when
Mr. HUSKISSON thought that the list of names he had seen
included some who would seldom attend, and when they
did attend, who would not be very efficient. (Hear, hear, hear.)
Among the omissions, however, he found one honourable gentle-
man who possessed most extensive knowledge of the corn-
mercial interests and resources of the country, and who had
most advantageously and very recently displayed that know.
ledge at a meeting held at Leeds. He alluded to Mr. Marshall,
who was one of the representatives of a great manufacturing county.
On the other hand, amongst the insertions he was surprised to see
so many merely country gentlemen ; and, as an instance, he might
mention that he was not aware that the honourable member for the
county in which he (Mr. Huakisson) resided had displayed any pe-
culiar qualifications, or was very likely to be assiduous In his at.
tenciance.

Mr. PEEL was not aware that the hon. member for Sussex (Mr.
W. Burrell) would be unable to attend. He had been selected as a
representative of a county 'mainly interested in the growth of wool.
Sir it. Vivian might be considered a country gentleman, but he was
one of the representatives for a very important county. Admitting
most freely the right of Yorkshire to have a voice on the committee,
It would be observed that on this account the name of Lord Milton
would be found in the list.

General GASCOYNE was understood to give notice that on an
early day lie would move an insttuctn to the committee, to take
into considetation the trade with China.
The names of the committee were then read.
Mr. IIUDIE sugge4ted that Mr. Stewart, from his extensive
and local knowledge, would be a most valuable addition to the
number.

Mr. PEEL consented immediately to that honourable member's
appointment.
The appointment of a committer, with the usual powers, was
then agreed to.
EXPORTS AND IMPORTS.
Mr. Alderman WAITH lAN then rose to make the motion cif
which he had given notice, for a coMparative account of the cleansed
and official value of various exports and imports since 1798. The
hon. member proceeded to show in nearly the same manner as upon
the occasion of a similar motion last session that the present mode of
estimating our exports and their official value was extremely tree.
neat% and calculated to mislead the public as to the real condition
of our foreign trade. From 1798 to 1814 the real value of the
exports had always exceeded the official value, and the gross
amount of the excess in those years amounted to the enar.
mous sum of £240,000,000. From 1814 to 1819, the real value
began to fall below the official, but still the official value
was continued. From 18111 to 1828, the offiiad value rose above t to
teal, from 38,000,000 L to 52,000,0004 The excess of the offic.al
above the real. in those years, amounted to 80,000,0001. being adif.
ference of 8,000,0001. per annum. Under the operation of the present
system our export trade, as he could prove, had been long falling off
at the rate of eight millions and a half annually. This
enormous deficiency had now actually existed for years upon
years, notwithstanding the sacrifices which had been made so
uw.crupulously by peril ement to the interests of that trade.
Shipowners were injured, other parties were injured with a
new to its increase and austainnient ; Pet all to nu purpose.
Suca was his assertion, and he would not flinch from inquiry into
vie facts upon which It was founded. If wrong, of exeurse ire
would be open to correction. The hon. alderman here quoted the
opinion of Sir John , Barnard in support of the general principle in
favour of which he had been contending. With respect to the con-
sequences of overtrading and inconsiderate enterprise, it was auffi.
civility evident that every year that was so distinguished had always
produced a corresponding depressiun. and goods were eventually
sold at a considerable sacrifice. Whenever there was a great ex
pertation, it was not unfrequently followed by disaster and distress.
An excess of export trade was, therefore, by no means to be taken
ee, an evidence of public prosperity. lie deprecated the flourish..
ing opeeettes about national prosperity, too often Put forth hY
(.11,,ncelluts of the Exchequer, which invariably created this
spirit of ova-trading throughout the country. When povate lad
bankruptcy, the natural consequence, arrived, those very official
boasters were the fiat w turn round and laugh at the deluded vic-
tims of their own frothy declamation. IN raying this,. however, be
did not mean to cast a reflection on the right hon. gentleman at pre.
mu in office. The atatements he alluded to were moteprottrioeudY
visible in 1820, after which a panic, with all its calamitous results
had ensued, t.nd brought numrs to beggary and ruin. Tbe ban,
meniber proceeded to eulogise the Bela of England for the efficient
rind praiseworthy manner in which its affairs had been generally
conducted. To the Bank of England, in his opinion, was the
country indebted tor its salvation in 1797. It was strange that
,:rtain right ion. gentlemen, with such a a fact heft's, their eyes,
si ould now appear disposed to turn round and reproof* lii masa.
:ors with evils over which they could by no possibility have control.
Thut dive watt something faulty in the present state of our mind.
Pistralol he thought might be Inferred front the solitary fact
that there was an Increase of from 4,000 to 18,000 criminal corn.
nn:nientm during the hat 30 year's and this, notwithstanding
Lee ,pread of our civil and charitable institations, notwithatanC.
1:4; .• the stimolmuster has been abroad' in every direction. He
ea:y demanded to be put on his trial to prove site truth a ill
via: tie had represented, and he most readily would do It. He
::-lided to move separately for accounts concerning memo and printed
pods, because those articles paid dirty as before, although they had
slid:Ted so martial a depreciation in their prices. Is was his wish
rr,4i II:iI16tLIS should cut down taxation in every department where
rs,ifily could, and yet even by so doing lie leered that titre
would still be unable adequately to meet the Alamo of the papule.' ,
tam. If they would only deal is all respects candidly and frankly
velth the country, be, for one, would be trilling to make noes al-
harems for past theoretical errors,, and terse some. cooldnere In
their ability and integrity few the Wend. But be weld arks the ben), to remind them of certain lines in 11 udibras, which seemed'
seuewhat &reliable to themselves :

" lie whet beep Os kopeks out broins,
The tievers to it if be feigns."

gcnernment, however, had Already said .that they .eciudid do ofollkihll
toalleviate the public calamities. • It ea, 'Web a gireWninteor was
Jtve than tireless, and retolationaty oonWqueoews would besrou
!killable. lie then pwceeded to move aur
.1n account of the expArta of /Wash maattfikegeW and pro.
do* from the year 1;98 inelowlve, to the fir* Janutaf.
and Mit specifying the otkcial and reel value, lIIW !he Wereak
decrease in tacit ye* dr the take way be, of di. real as cow-
ford with the °desk *gine,. wad the gins mishants.
A like acecianfit theeaperta, from lbw. yeew 1114 behulve,
46th ot Junior'', IMO. • • • • •
ke mow* of the erfporte at 4•1111163 And
Like akoank of the inspea.o &mil Ireland.
Like accounts. of the %worse for theme, pods&
An ateourifelthe alpobteit MIMIC gloideibeiwdho yaw 11114
elusive, to the 6th Jaw Mel Adelkyeeethe lacrosse
lea(kse of the real as coca with the °Gelid vales.

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