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

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it was very likely that he should be found in a small minnrity in.
deed in that House; but out or It he was sure of a large majority,
who would think tat half a mintin of money, instead of being
added to the 1,000,0(701. already granted for building new Churches,
would be much more usefully empifled in inlilding
aefgoisr-
Wfth his Honourable Priend ( Mr. Calcraft) he perfectly.opamerid—
that the Salt Tat must, looking to the lolemn ~lllngliegg..o
ment had given, stiffer a natural death at its a
It would not be the least recommendation attaching to the repeat
of that tax, that the collection of so considerable a brand% of the
Revenue would be lopped off; and therefore the Revenue would'
be considerably benefited. Ile had no doubt that with the million
and a half on Aielt the Right-Honourable Gentleman had calm.
laced, and one or two millions taken from the Sinking Fund, the
reduction of taxation might yet be carried to a very considerable
extent, indeed, without interfering with the funds necessary for et:
/going the proposed commercial reforms. They might repeal not
only the Assessed Tays, but also those Duties which were co be
called' not merely a tax, but a cuing injustice and an iniquitous
burden on the most laborious and' oppressed class of the commu-
nity—namely, the Law Duties; stiNch, to the disgrade of this
age and nation, had been allowed' to remain in their present state,
at a time when all the great Wenches of commerce and re venue
were established on bettee and more enlightened princilies.—
These Taxes might be reconsidered; and the worst of the Assssed
eases; that on windows—might be remitted. The Hon. and
Learned Gentleman then alluded to the case of the Tea-cleties in
Me, and of the Coffee-duties-about eleven years ago as remark-
able instances of the consumption of an article increasing so much
under a reduced duty as to yield as increased revenue. Upon the
same principles he felt no manner of doubt that Ministers would.
find they could, (as in the duty on wine, the consumption of which
had decreased with the increase of_duty), by lowering duties, raise
the revenue, while they relieved the consumer, and then become
enabled to remit taxes, and lighten those burdens which now
pressed most heavily on the people.
Mr. HUME expressed his satisfaction at the state-
ment which had been made by the Right Honourable
the Chancellor of the Exchequer. He wished to knoW,
:however, why some relief had not been given to the
West India Interest—which he expected would have re-,
ceived a:remission of at least 7s. per cwt. off,the duty
on &gar? • Ile also thought that a reduction might
have been made of a million or ,a million and a half in.
the Dutieslrom beer, and that dive was no reason why
a poor;man should pay thitty-five shillings a barrel, for
what a rich man paid_twenty dye shillings. lie also
objected to the retention of itieSinking Fund,which was
only plausible as a support t-44 public credit. He also
argued in favour of diminishing the dittiei opt homel
and foreign spirits, and that on foreign wine, and tar-
ther insisted that the whole of the Assessed Takes ought
to be repealed, and the Sinking Fund approptiateJtn
,the public service. The Honourable Member next ad-
verted to the fax on Lsw proceedings, and orgeatly re
commended the Chancellor of the Eta! °quer to peruse
Mr. Bentham's arguments against that duty. He con-
cluded by opposing the rote of 500,0001. for the build-
ing of churches, as a partial measure..
Mr. ROBERTSON said, he cni.id not allow that an
increase ot consumption must necessarily follow a re-
duction of duties. It was by In i oct ease of commerce I
the Public 'Would be benefite.l, and therefore het bought'
the Chancellor of the Exchequer had chosen well in
those duties he selected for reduction.
Mr. BENNET said, that all the mischief which op-
pressed- the country arose from the alteration of the
currency. It was a measure of fraud. At one period
they robbed the public creditor, and it was now pros'
posed to rob the public debtor. This would have the
effect of bringing ruin on thousands. 'Tie country suf-:
feted these evils by no etror of their own, but by the
act of the Government and of the Parliament. Avi-
culture was not, he would admit, so depressed now as
in 1817 and 1818, but it washy no means in a flourish-
ing condition.. Any advantage the ct,untry noir en-
joyed was owing to the people themselves, totheir skill,
their indult% y, and talent. They Were, not indented for
it either to Parliament or to his Majesty's. Ministers. •It
was this very Parliament that supported measures di-
rectly opposite to those new proposed.
Mr.DAVIES GILBERT merely rcse to express hit
wish that the Salt Tax should be allowed to expire. If
free of duty salt would be extensively employed in
agticultute, and also in the coarser arts, such as pi*:
wry and I:nick-making, &c. • -
Mr. BROGDEN then proceeded to read the Hew
lotions. 04% corning to the second Resolution, . •
Mr. BARING rose to inquire by what means the
Right lion. the Chancellor Of the Exchequer proposed
to raise money to pay the dissentients? .
The CHANCELLOR ache EXCHEQUER said; the
means employed would_ ot course depend upon the
amount of the sum requited. Whether it would be by
a new loan (which of course could not be called an-ad-
dition to the debt) or by an issue of Exchequer Bills, he'
was n-.)t now prepared to-say.—The rest of the. Resoln-
tions_were theft read, and the House resumed, when the
!Levitt was ordered to be received to-morrow.

SUPPLY.
The CHANCELLOR of the EXCHEQUER moved
that the Report of the Committee of Supply should
be brought up.
Mr. Warms asked a question respecting the new
Dock at Sheerness, which was satisfactorily answered
by Sir Geonot CLERK, who stated that a few-pounds
would render it perfectly applicable to all the purposes
for which it was intended.
On the vote of the Committee for increasing the Mi-
litary Force being read, -
4.
Mr. HUME decidedly objected to so large' an esta-
blishment. The Hon. Member' again contended that
the expense was more than the country ought to bear.
He read an extract horn the speech of a Noble Lord
(Castlereagh), delivered in 1817, where he called the at-
tention of the House to 7,000,0001. as an extravagant
vote, and the N ,bie Lord recommended not more than
six millions and a. 13.111. The general opinion was, that
the Estimate to which he had alluded ought to be re-
duced but this year the country was to support a larger
' establiJiment than in 1817. On the whole, there ap-
peareitto be a determination to make England a nsilitary
nation, which we ought not to be. There appeared, he
was ready to admit, on the part of the present Minis-
teri, a disposition to do tight for the country in all
matters with the exception of the military establish-
ment. The estimate of the number of men appeared
to him to be wrong. It it were reduced 10.000
they would do right. He considered it his duty to per-
suade
the House to-make that reduction from the pre-,
sent number. The House and the nation had nothing
but peace to look for. Mr. Hume concluded by re.
peating the motion he made iu the Committee for re-
ducing the Estimate.
Lord PALMERSTON said, this question had been se fully dis-
cussed on a for Mer evening, and the opinion of the Cbaunittes had
been so decided on the plot, that he should not trouble the Home
by arguing it again. We rose, therefore, only for the purpose et
correcting an error into which be Ileneurable Gentleman had fall
with respect te the Military Establishment, when he stated that k
was greater this year than in 1817. The ansabsr of men proposed
for the establishment of 1817 was 107,000, ax a charge of
while thb year the number prosiosed was only 76,000 men ad
64
104)14
charge was ,e2twoo ohm of 1,8,000"0.
The House-then
divided—
Fer the original vets - SI
For the amendment -
Majoeky against the amendment •

s

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*Ml.lr.lll

.y


LONDON.

Oh the vote for the. allowance tie Out put**ll of Chelsea Hos-
pital ben% read,
Mr. HUXIR obsterred, that hapaillgainiiilssid out of a very
considerable decrease in this othwitii-iiitialatk liatatetiet that it
had htcreased.
Lord PALMERSTON odd; tlat. Tar was
mini, /ma than had been Olculatod up*. Willi to the number of
Regiments which had returned from Teel, almost the only men in
which; as the Honourable Gentleman knew, were those who were
entitled to pensions for service; and it so happened that in most of
these cases the passions were of the highest elan. •
The remaining Resolutions of the Report were then agreed to.

•••••••••••••••••.....•
On the Motion of the Cuasociu.i.os df the Ruminative, the fur.
finer consideration of the Report oil the Ways and Means was post-
poned to Friday nest. •
On the Motion of Mr. Swim: Woartarv, the Wiwi bill was
read a'svcoad time, and for Friday nett.
The second reading of da hers in Wales Bill was poetpdned
to Friday neat.
On the Motioa of Mr. Ommumut, the Kings Bench (Ireland)
Regulation Bill was read a third time, and passed.
Mr. GOULBORN prevented certain Petitions relative th the
Public Institutions of Ireland.
Mr. W. COURTFNAY brought in ,a Bill to consolidate and
amend the Bankrupt Lasts, which was dad a first time, and mu
tiered to he read a woad time on Wednesday nett.
The other Orders of. the Day were then disposed of, and the
House adjournvd at Twelve o'Clock.

frLIE EVENING

TUESDAY, FEBRUARY 24, 1524. .; • ,
- • Sr. ALtxximes.--lioliday at the Bank. .
THE FUNDS. -
'STOCK EXCHANGE. TWELVE O'CLOCK. ,
Consols opend this morning at 91 te 3,3, at which price they
remain steady, with little doing. For the April Account 911, I.
Thursday being settling-day in Consols, most of the Brokers are
busy is making up their accounts.
The CuaNcal.eoa pf the Excumosa's Budget has le,
WOW, little,
effect on the Market, only 3 per cent. as Consols lelt OE yowl.
at 914. It-is expected that after the present Aceemii M 110 Ne they'
will get up.—This being a holiday at the Bank, sas: beams has
been done fur lloney.
FOREIGN FUNDS.
Wry little doing except in New Spinish, which is on the rise.—
Current Prices t —New Spanish 19 to 3, Old sae 1, Colombian
.63 471, Chiliau 803 to el,. Anstrian.93 10, New Prnanian 933,
Old 951, Russian 941, Mexican Loan 61, French Scrip 11 to a,
Nev poth.in 863 to 3, Mullett's Mexican Mines par, Anglo-Mexican
71 to e, Gretk a to 3.
AUSTRIAN FUNDS.
Vtassa, Fits. 11.—Metallieres 18.3-32. Bk. Sh. 9.50.

So. general was the anxiety yesterday afternoon td
hear the fitancial disclosurcof the CHANCELLOR of the'
Exclitouan, that the lobby and avenues of the Houle'
of Commons were crowded at an early hoist by care
I expectaffts, amongst whom were many eminent Cori.
talists and Members of the Stock Exchange. Nl* sae
their cut ioity disappointed.. The Right Honourable
Gentleman drew a most gratifying picture of the ni•
tional resources, invigorated as they have been by
die wise policy of his MaJesre's Government, both
,n regard to the foreign relations of the country,
and also' to the enlightened commercial principles'
which have been adopted on a mature. consideration
of their fitness to the present stale, of trade. So pro.'
sperous is the general course of our affairs,, that the
Government, whiehrolateltreduced the Five per Cents.
th Four, feels itself nos:, hI a situation to propose the
redaction of the old Fours to Three awl a Wolf Little
di no difficulty is to be anticipated in this operation.
'The Stock is not comparable in magnitude to the Old
Fives, which were convened into New fours, and are in
consequence irre2eemablz for some years to come ;and
the reduction of a..half per cent. on the interest is not
much more than, crwres?ondent to the present difference
of market price between the Old and New Fours. The
saving to the flublic, however, will be about 574,0001
per annum, the 'capital of the Stock to be reduced be-
tween 74 and 75 millions.
The surplus of our Income, our Readers have been
already apprised, amounts to no less than 6,710,98.51.
Of this rum, Five Millions are to be applied as a Sink-
ing Fund ; and the remainder enables Governmeht to
propose the remission of some of the more burdensome
taxes. It affords us peculiar pleasure to find, that
among the taxes to.be remitted, is a part of the Coal
'Nx, an impost of a most injurious arid unequal
nature. The West India Interest wiU be in some degree relieved
by a diminution of the Duty on Runt ; and the Manuactorlng
Interest will be greatly benefited by a remission of some pan of the
Taxes on foreign Wool and raw Silk.
For more ample details of this most satisfactory financial state.
tient, we tuna however refer to the speech of the Right Ho.
nourabk Gentleman himself; and we have only to add our coupe-
Wail ,On the pleasing respect w,hich is there held oat et a 'pia
greedy' improvement in the- national resources for several years
jet to come.

A Mail bas arrived from Malta and Gibtaltar. It briar so ad-
vice, respecting the outrageous Perfidy of the Dey of Menu, of a
later date than that of the dispatch of the Hoe. Captain Semite;
but the following further particulars of the occkirrences up to that
time are interesting :
His Majesty's ship CANZDROX ((which brought the .dispetches to
Paknouth), left Portsmouth with secret orders, a short time since,
and joined the NAIAD-frigate; HOD. Captain Sneeze, at Gibraltar.
They proceeded in company to Algiers, where they arrived on
the ,4th ultimo, to deniaod restititloo of write Christian cap-
tives. Tie Der refused to admit Captain Snorers to a private
conference, unless he would consent to come witliout 3L sword,
a condition to which that gailant (Meer would net submit. Having
made his propositions, • birgave the Dar till the 31st to consider
them, and In the meantime embarked the British Cased with his
and the Merchants, ore board Ms ship.. Whoa t►e thee car
pired, memo favourable mower having beets returned, the men of
war stood out to ,sea, ad at thus! e. at. (le sight of themes) feint,
with an Algeria corvette,of to veered 100 wee, steed* in fee the
bay. She was ordered to bring to, bet bribe refused cempliasscesa
fire was lmmediotely opened epos her, wild, she penytned, aid b s
abort dose Use Cumin= ron „hie M beitd, mot circled tier is
gallant style. Osi board het ire dealtd beventein lipailards (p*
eoests), who, with She Airtime Captain, wore tam one of her
Copts* Sesous than snlisro4 the rim to drift at sham, she *tog
too much thinsiged .to Meg away. The Conine= bed None MI
wounded is the action, but the particulars hose* yet ttionipies4,
The Niko period eonspeny tot Maks en the tat hot. anti she CASA.
Leave OW tailing at Glbrakar, sailed ftonithosee on the *h.
The Al !does "peer to have bees pretty successful ha cruising
agates' the Spa**. The Cartels pt a veaagl arrived at Cabral-

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