Star.
London, England, 1815-04-20 00:00:00

PROFITS 07 TILE RANK.

Mr. GRENFELL having moved and obtained,
that the •I•lith and 49th Acts of his Majtsty shuu'.•l
be entered as read, threw .himself on the indulgence
of the 11•:use, convinced that the importance of the
subject which he was about to discuss, would make
amends for the imperfect manner in which he sht.uld
treat it. He wished to thaw the attention of Pat ha-
meat to certain transactions carried on between the
Government and the Bank of England, in. which t..e
public had a direct intere:t. Wita the private con.
terns of the Bank, he was ready to acknowledge, the
House had nothing to d•r but in transactions in which
the public might be considered as one pa. ty. and the
Bank the other, he thought Parliament was not only
competent to interfere, but that it was its duty to
enter into all proper investigations. These were
transactions of this nature. Tue first branch arose
out of the monies placed in the hands of the tank of
England, aztitig as the Bankt:rs of Goeernmeat.—.
The House were aware of the existing practice by
which a considerable portion of the revenue was
placed in the Bank of En eland on account of several
public services, to be afterwards drawn out of the
Bank on the drafts of the persons at tire heed of the
departments to which those services were attached.
This did not go beyond the nature of a simple bank-
ing concern. The Bank was neither exposod to any
greater risk than in its transactions with individuals,
nor'subjected to any additional expense in providing
clerks or buildings for transacting this business. The
Papers he should move for on this subject would be
a continuation of those, eight in number, produced
by the Bank in 1807 to a Select Committee of this
House. They would exhibit the daff.•rtent balancts
in the hands of the Bank under diErent circum-
stances, and would enable the House to :olive at a
correct statement of the whole of the puidlic money
lying totally unpro•.ructive to the public, but yield•ng
such profit to the Bank, that it gained annually a
sum equal to the whole capital of the sum vested.
From the Papers produced at the time to which he
had alluded, it appeared that, in 1807, the amount
of the balance in the hands of the Batik rose to the
inimen,e sum of eleven millions sterling, which pro.
duca•d 4 yearly interest of upards of ktisto,ooo. lie
thought himself entitle,l to consider this as a sum
p lid by the public to the Bark tn.:rely for the troulde
of keeping the in mey placed in its II Ands. The only
light thrown on th • state ot this balance at a later
period, was c anta•ned in a letter of the Cli incellor of
the Exchtqt.et, written to the Bank, in which he
mt It:toned, th it in 1808, the b dance was undimi.
tiished. Since that time it must have iacreased in
propnition IL) the augmentation of ou, to.penditute.
Oae ot the pi incip tl objects of his m+•tio I would be
to chew wl.at alteration had t. ken place in the
•amount of the balances since 1807, aed what it was
at present, in order that truth and f acts should lead
the abuse to an accurate judgment on this subject.
—ln 180(1, the Bink welt: pleased to advance, as it
was styled, a loan of three millions during the war,
on condition that the public should pay an interest of
three per cent. This loan expired in the month of
December last, and the interest due upon it amount-
ed to 4700,0,10. In 1808, another Loan to the
Same amount had been procured, and in December
last the Chancellor of the :Exchequer had stated that

I"7 " -•••,• --
4* lank aerecd to prolong that loan, without inte-
Vst, moil the sth TA April next, on condition that no
elevetien shottlel take place in the manner in which
the Oneness was cerired on, and that the balances
should remain in the ionds of the Bank. He did
not Liv!biuter th:lt cr,e.esacte in (-Hier as an advance in
tot aeconimmletiee, out merely as a libeler given to
the piihlie to use its own money. Reis millions hail
then boe (hewn out ot the Bank, five still remained,
and Nit!) this :441,1136°m tee public paid a sum of
ninety thousand pounds per annum, and in all, a
o
sum of not less then seven hundred thousand p rands.
-.-Supposing; the balance to have been as in 18o7•.
eleven millions, the Bank now lent the
coup try three,
and retained eight, the annual interest of which was
.four hundred thousand pounds. 'Phis eves an object
on which he invited and urged his Right Honourable
iend (the Chancellor of the Exchequer) to con-
sider. whether in the eircumoances and difficulties
in which the Nation was placed, it would be just
that the public should eery so v.rst a sum for a sacri-
fice on the part ot the Bank, so circumscribed in its
operation. The next branch to which be should call
the attention of the House would be the commission
granted to the Benk on the account of the National
Debt. In 1786, Mr. Pitt fixed the rate of the corn-
mission at £430 on every million, and there had been
no alteration till 1808, a period of twenty-two years.
At that time the debt of the country having become
enceinte's, the produce of the commission had pro-
pertionebly increased. It was consequently agreed
it should be reduced one-third, or from BEISO to £3OO
per million. No man knew better than be the satis-
factory m inner in which this service was perfinmed.
He acknowledged that the Bank were exposed by it
to some losses, and compelled to incur considerable
expense in buildings and in establishments of clerks
to transact the business, but when he looked at the
papers, and saw the amount of the remuneration
which had been paid last year, £67,000, he thought
the public had a right to look at the Bank for a
considerable deduction. The Bank of the United
States paid the dividend without making any charge
to the State. He was far from comparing it in im-
portance with ours, but it must be recollvcted,
th it
on one side there was 1267,000, and on the other
nothing. He should also move for Papers to shew
what increase had occurred in the issues on the Bank
in conseqiienee of the Restriction Act of 1797e;---
The issues of Bank Paper had not amounted to less
annually than 6:xteen or eighteen millions, and the
profits on them to between seven and £800,000.--
When is was recollected that the Bank owed these
profits to an act of tie Legislature, he thought the
public entitled to be treated with the utmost liberality.
Although I,e anticipated the pbjections which his
Right Hoanorable Friend (the Chancellor of the
Lecher:peer) would probabiy melte to his motion, he
wits sure that if it were rossible to look into his heart
he would be found conscious of its propriety. After
exoressing the high respect which he enterteineoi for
the Bank of England and the persons at its head, he
alluded to the immense profits which they had-made
• durino the last eighteen years. They had been able
to divide sum of seven et eight millions, besides
their ordieary clividerd rt seven per cent. These
gains were chit fly occeshined by the system of re-
sttiction,, and the imblic had a right to be admitted
to a larger partie;pation in them, er at least to expect
that time thoieess transscted by the Batik would be
done et less e xpense. He cenclioled by tnevine for
an account of the balances in cash in the hands
of
the Bank on the Ist and 15:a of every month, from
the Ist February, 1607, to April Ist, 1815, resulting
from the payments the Customs and all other
branches of public avenue, and stating the average
balance of cash in each year.
The mother having been sect:ll3cl by Mr. PON-
SONBY—
The CHANCELLOR of the EXCHEQUER
ohjected to it as contrary to the enoagements lately
taken by the House. When, not three months ago,
an advance of three millions for one year without in.
terest had been accepted, the subject should have
been taken into consideration, and those arguments
adduced. Whatever might appear in future to be
the ci urse which should be adopted, until the expi.
rsti n of this transaction on the sth of Aptil, 1816,
the House could not open a bargain which had
been sanctioned. Instead of ceiling upon the House
be!ore that period to form its judgment, as the docu-
ments would be voluminous, and would require
touch consideration, o ere u:d be sufficient time
next Sessiiin of Perliament to ask, and procure maw-
matinn on this subject, which must then come into
coneiderati, n. Tee Honourable Gentleman had
given a false colouring to the balances. Their chief
hulk arose out of the sums paid on the consolidated
fund, ajed this could not be altered without a breach
of the compact entered into with the public creditors.
'Flare stere also eruisiderable funds to answer the
dem:lll,li of the different departments, and they
rniorht be presumed to have increased with our ex-
penditure. Mach depended, however, on the heads
of those departments, whether they left large ba-
lances which certainly were unprofitable to the
public. Bin these arose in general from Acts of
reiliament, over which the house had no controul,
as such interference would derange the whole system
of public credit. In 1806, the sank had ad eanced
a loan of three millions, at an interest of three per
ceet. it was true, but the House ought to consider
tl.c differeese of that rate of interest with that of
money at the time. Such a loan could not have
bole obtained in a defferetit quarter under loss than
five per cent. Perliement was not called upon to
discue; tee piofi:s that might arise from the system
of restrictions. Those restrictions had not been im.
resod for tee advantage et the Bank, but on grounds
t. g.rieral policy. He concluded by moving the
prey', us question.
Mi. NKES thought it was a matter of indiffe-
rence wh.ti the ill-m.l6:m moved for should he
laid immediately bei,-.re the House or no, provided it
should he pradticed in time 40 give an opportunity
for consideration. The pi.blic had received
an injaiy, arid had not enjoyed that participation in
the profits tlerived by the Corporation of the Batik,
which it had a right to expect. The only specific
obligation to winch the Chancellor of the Exchequer
laid bound the public was, that the business should
be curried on in the same manner, arid that none of
those balances should be mithdrawn. But did he
think the House was also bound not to suggest any
economical mode of lessening those balances If

they could he reduced from eleven to seven' or eight
millions, would he consider such a reduction as a
breach of faith ? And did he conceive himself en-
eaged to keep the same, or nearly the same amount
of balance ? Due economy on the part of the coun-
try, he was convinced,
.had not been observed, and
he did not think that the bargains of 154)7 and 1808
ha I been as favourable as they ought to have been.
The CHANCELLOR 01 the EXCHEOUER
expleined that le: did not consider himself at liberty
to withdraw the balance, nor to vary the manner in
which the business was carried on. But he had no
objection to adopt any suggestion calculated to lessen
the balance. Oa the conuary, every means had al-
ready been adopted to effect that purpose.
-Mr. I'ONSONBY was not sine that he understood
the Chancellor of the Exchequer. Did he merely
object to the production of the accounts on this day,
or at any poi hi of the peseta Session ? It he only
wished to fix aleither day, thin he should have no
ohjcctiou to agree to his proposal. But it he should
intend to pistpone it to another Session, then he
should think it his duty to offer a few observation.
He then real the clause uhich engegiel that no alte-
ration should take place in the mode of transacting
the business, and that the balances should not be
withdrawn. There was no other testrictive clause to
prevent Parliament from exercising its OWII judg-
ment on that subject. Undeehtedly, for a fixed pe-
riod, it had no right to interfere with the existing ar-,
rengements, neither was it the intention of his Hon.
Friend, nor his own, nor that of any person in the
House, to go in opposition to the pledge given. One
of the objections to the ptoduction of the accounts at
this period, was their being voluminous, and that it
would require much time to make up one's mind on
the subject. If the Right Hon. Gentleman had
spoken in favour of the motion, he could not have
used a stronger tegument ; as, since the papers were
voluminous, and would require much time for congi-
deration, the sooner they should be produced, the
greater would be the opportunity for investigation.
The Right Hon. Gentleman had not pointed out any
inconvenience likely to result either to the public ser-
vice or to the Bank of England from acquiescing
with the motion. He did not. consider Parliament
precluded from making more economical arrange-
ments, but these would be more easily effected when
the information should be laid before the House.—
Was it net its duty at this period to endeavour to
save 3 or £400,000 to the public ?
Mr. TIERNEY -thought that it would he proper
for some of the Gentlemen present belonging to the
Bank to state their objections to his Hon. FriLnd's
motion.
Mr. MAR RYATT was convinced the Papers
would shoe that 'an undue consideration had been
paid by the Public to the Bank Icr the bitsiness which
WAS dune. Private Bankers made no charge, and
were satisfied with the benefit which they derived
from the money being placed in their hands. Even
with that the Bank would be remunerated. Ihe
profits, of the *Pellets el the Exchequer had been
found to increase enormously with the augmentetion
of the public expenditure, and had been properly cur-
tailed. The Bank stood exactly in the same sitia-
tion, and the same remedy should be applied. It tile
papers were voluminous, the sooner they should be
produced the better.
The house then divld:d. For the previous ques-
tion, lit—Against it, 75—Majority for l'&nistets, I
03 being reeadmitted ieto tie! Galhey, ‘ve
that by agreenteet of the Flothe, the first tivt.
motions wete'negativcd, the sixth was agreed to, and
the rest withdrawn to be btoughi forward to-reutz-ow.
SL A V I.: Tit ADE.
Mr. BARIIAM brought in a Bill for prohibiiine
British subjects from embal i i!-,g in the Slave Trade,
under foreign colours, or employing -capital in the
same.

GENt'
Sir JAMES MACK INTOSH gave notice, that
he wculd on Thutsday next move an Address to the
Prince Regent, fur copies of the several Rapers re-
specting our transactions with Genoa, embracing in-
structions to Lord Wiiliam llttitiuek, his Addresses
to the people of Ge►r,a, exciting them to recover their
independence, &spate:Vs from Lord Wm. Bentinck,
dispatches to officers in the Mediterranean, &c.

_ .
PROPERTY .TAX. ;
The CHANCELLOR of the EXCHEQUER :
having moved the reieling of the order of the day '
for the House resolving its: It into the Committe,e
movei that the diff,-rent Acts respecting the property
tax should be entered as read.
Mr. W UITI3READ said, that it must he in the
recollection of the House that their table had been
covered, not long since, with petitiumi from all parts
of the country, against the property tax. The Chan-
cellor of the Exchequer had, however, then come
forward, and bad forestalled the more-general ex-
pression of the public epiaion, by declaring that it
was not his intention to resort again to that tax, un-
less in the event of war, which at that time appeared
very improbable. He had, however, in consequence
of his statement that 19 millions would be necessary
for a peace exrenditure, proposed a number of other
taxes in lieu of the property tix ; all of which, with
the exception of the assessed taxes, he now turd.rstood
him to have abandoned.• This either proved that he
WAS a most unskilful financier, and understood very
little about the mode of devising taxes, or cite it
spewed that the ordinary system of taxation had com-
elettly failed, and that it was not possible to raise
any more money by it. lie had suggested the pos-
sibility of the tax being revived iri case of a war. He
wished, therefore, now to know what was the situa-
tion of the country, whether it was to be considered
as in a state of war or peace ? He wished that the
Noble Lord (Lord Castlereagh) would inform the
House, whether it was true that a treaty had lately
been signed at Vienna, by any Ministers either au-
• , thorised by this Government or unauthorised ? It
• appeared that we had now come to times, when Mi.
: niters, without any authority, would venture to com-
reit the country by their acts. The House might be
I told that whatever the Duke of Wellington :night
i have done would be fully justified upon some future
, occasion : but he thought that they had a right now
: to learn whether the Government of skis country was
in fact committed to a war with France. He under-
stood that such a treaty had, been signed ; that it
. was founded upon the Treaty of Chaumont ; but
that there was this additional engagement, that un-
der nocircumstances would they treat with the present
Ruler of Dance. Ile also wished to be informed,

whether it was trite that there had hem reCeraly at I
engagement in Italy between the Austrien and '
politan troops, and to the disadvantage of the former?
He was also anxious to know whether the leleble
Lord meant to disavow those letters to him, and pm-
porting to come helm him, which were now daily
coming forward in the public papers ? He bed no
idea how these letters came before the pnblic. It
would appear as if there was a great rent in the
-Lord's portfolio, or a hole in his travelling trunk, for
there were daily letters puhlieed, which nobody
could doubt were written by him. Indeed his Lord-
ship was now so completely before the public as a
writer, that, however unintelligible and ambiguous
his letters were, the stile could not be mistak n. It
would be for the consideration of the Houses Nhether
they would afford the means to Ministers to ',hinge
this country in another war, the issue of whiLli was
extremely doubtful, and the objects of which ap.
peered unjustifiable?
Lord CASTLEREAGH conceived that the ques-
tions for the consideration of the House were, as the
Hen. Gentleman had put !hem, of a two-foid nature
—either that the proposition of his R ight I f onoorable
Fri4nd should be voted, or that the Hon .e were to
discuss the propriety of rejecting the call lOr x vote.
His Right Hon. Fticnd bad stated at the time he in-
timated to the House that he should not taqtfte a
continuance of the tax on t);•erty, that the sittetti.,n
of the country would justii) him in coming to that
resolution. It, therefore, now became a qiiestei,
whether the general relations of the cou:try
wete
such as to make out a case for calling upon Parlia-
ment to sanction the measure ? He deprecated the
idea of tugging as the Hon. Member bad argued,
that all the resources of the country were dried up.
Such a mode of arguing did not become a man of
wisdom. But, however, without dilating upon that
subject, he would put it to the House t isay whether his
Right Hon. Friend had nut avoided precluding him-
self from recurring to the tax whenever an emer-
gency occurred? With respect to the papers to which
the Hon. Gentleman had referred, he would give an
answer when the transactions to which they attached
came in a proper state tor discussion. He should not
then be apprehensive of the clay of trial ; b'.t it the
lion. Gentleman expected, that with a veztv to his
own (Lord Castlereagh's) joavitication, he should sa-
crifice die interests of the by throwing loose
.411 the public ehecuments (a dam and cubic!: he be-
lieved wits never made beiere) he was ;reatly• mit-
taken. (Hear, hear.) It had never been contended
by Mr. lox, the friend of tl:c Hon. Gen! lernan, that
Parliament were bound to rive histeectioes to the
Public Servants. Ti give all the pilots rtiative to
the procedirgs at Congress, tr.AAy for ht, rurpo.e
of assiAing the incvena.ty o! the 11,)0. Gcraieman in
sliewiiw: where the instrticti(,ns had taiicd, before
those poceedings were finally closed, was mere than
could fe expected. No time would be lost by Ilia.
Majesty's Government to nive the required later-nee.
tiou ; hut until the proper season he shield
be gut of a dereliction of his pnllic duty, were he
to died :se any infty mation of an insulated natute.
Mr. I'ONSONBY s iid, t.nt as the Noble I.crd
had ailudt.d to that (Vr. Fox) wh-se
mosy he int,a revelLd ar.f 1,,d, he non: say, t';at
the Nibble 1. nel kid not 41e.ilt I tidy by him. Mr.
Fox heal n asktd qnestlens such a. lied Lan
asked te-eight, and he often l) ref he/tt, :t axis the
n'eht, tiiitits.vr:etl. Why cottl,l is t tft.
any of case qnt-stions to•night
was there in tinestions whic:: it
o'l. to ? lie A-as glad how, v. r t:.) tr
the i'l, ',le 1. rd declare 04 it Clete was no ; 5:,21)
take t by the; eolietry it, vet. Put ‘s ht ebj kitten
feel he to tare seta titer the lute that bed arpeere,l
one of papers Lf this d,ty was genitive or not
His silence however was sufliciezit: It spoke as fully
As words could 4.10.
Lord CAsTI.I.REAGH and Mr. WHITBREAD seve-
rally explained.
Sir MATTHEW W. RI I)LEY toAs this early
opportunity of enterirg his protest against this oh-
noxious measure. He Always considered that this Tax
had been laid on for the defence of tee country. We
were not now at war, though from the Noble Lord's ex-
pressions he bad room to tear that it was determined we
should not be lung without it. However We were yet
at peace, and while we were, he did not see wiry we
should have this oppressive measure. The Empeior
of France had proposed terms fur the continuance of
peace; and if those terns wt_ie fair and honourable
to us, ha could nut think that the country ought to
be oppressed with thi:i unequal and inquisitorial Tee
merely for the purpose of forcing the Bout bons on
the throne of Fiance. Ile certainly thought it tit
that the country bliould be always placed irs a state
of security, but a strict and rigid economy was the
best way to place her in this state. He concluded
by most strongly prote.ting against the Tax.
Sir FREDERICK FLOOD said he had heard
that the It ish Chancellor of the Exchequer meant to
propose this Tax for Ireland. Ile had this day re-
ceived many letters from Ireland about it, and they
expressed the general alarm entertained in that coun-
tprtyesoennt thtoebsue,bn.jeacnt.y
frlershelr
bduwtdaesnvs,eraynabaldielyziabtleed at
if
this load was added to her other hardships, that she
could no longer support her lot.
Mr. FITZGEItALI) did not feel himself called
Duttwlaitifinancial measutes he intea..lcd to
opropose
.s 7 t;tEftte
for Ireland.
K FLOOD explained.
Mr. MARTIN concurred with the Honourable
Baronet in his opinion of the inability of Ireland to
bearm rt.hißsAtl ic
Tax.
ES had, on a former occasion, stated
his opinion, that, under certain modifications, this
would be one of the fairest and properest taxes that
could be devised. He did not think that any other
equaUy productive tax could be thought of, which
would be so little oppresive, or so little unequal.
He therefore would not object to it, on account of
the principle of the measure. But he considered it
as the beginning of a new system of taxation ; and
he could not think of agreeing that a part of the
United Kingdom should be subject to it, while
anoth ebreepna
s(
own,
da)n
tul would be
ge n excluded.
era lop
i
Sir FR.I.NCIS BURDETI' said, that it hadal-
waysnion, that
this tax was only resorted to as a War measure. ila!
disagreed greatly with those who, notwithstanding,
were of opinion that it was a just and equal mode of
raisin money, believing it to he in principle fraught
with injustice; it set out with
with gross inequality

assuming income, net' ptoprrty, as t 1). hags ('f'.
teventte, and was, in fact, a Ili:* i<lll'o, tlie introdue.•
tin: ul which w-.1t1,1 new li iv;^ b•en to:etatei!, :;..•
tot the temporary linrAlit)ll which war a•-irsnecl toil',
Such a 'l'.4x s'aallt.l ut't'er I.)e tc•-eiv•...l v aliout t'..,-
previous cons..kr 41..41 4,7 .t t:• .11w...c.a.:. It wa-. in
(unit), nt upon tf..• c )..nary tae.: to look to it, ..!..i,.:,
that it was a •l'as winch, whi n oc O.! I.liCt ( 11, V,.
never t) he relie.ii.ll.i.ed--( Iliar,hem..)•-.1.. wl-.lr.v.
under encry eis ~..v.;;it••g•:, call.a.l tor liy Miiii..: 4-
svieitiet any esrlarati,n of the cau,v• wbici., 1.„..
:
dered :t tit•ccssary. On C..i, r....cessity the Mi:.;.•,•,
would say tusering—thel tner..:y stilt', if,,! I), ~,,t,._.
" et;re 1.5 yi;ur ryaicy, .0.,1 i.y 34.4 by w • win ..,p
you ,t l: •t Las 1n....n dime wi li a" (1.'.0r1.--1-1 • ‘,. -:
rase r first he it Int' ithi.,o /lona tl••• ..‘7•4 i;.e. L• 1,1, :.
await Hs u.t;aiate expi .11.111.4.0. .1a,..1e,,:., :::ai `, .
Persor.age had etiwrappe.! littiself. in s,. 1:v.1,y aril ;
guides, that it WaS kilitlCl.`lt in any 4.11:4;e,• to ('C'l.' ,
Lend wi!at he LA...lA—(ll:dr, hear.)-1!c t t'..., J
for instance, of ilw conn.t y being iii a mixed :!..tr:
what did O. i, trt.',l!' ?-:•\V/114; lit u ta. a im;re 7:1 -;)
way of I ro..' e.1.:.‘7, at ore,. to avi w CI it tli"y I:.' •
he involved in war --(11(.(r.). F. 1 I is 10...1i VIC, . r.
CcUld C tsily 1.)...e5v dirt thn . w, old be ti„ re-; • , i
this trlY)11.1.!:'l; Sil7Cl'.'.. f,f ceintile.,ce in sti :i n, a !al
such asi st.n. An arnattr.efit hal t).-• ii i .;!:...1 ! 1
to create an 111.in:A w 4r, :1' 1.1 an tnin•J .r. :IC. !..: ; '.,
ser+t,tl to for proilphig tip •1.•;;A: ln.A.li',. . : :••.
viv 1 ot this must chtit x wis ne:a;aire W t• • .t
decideci fLeling of the c•aoitry ; indeed the I.'.- , ~..i,
against it had poured in, 1,1.61 it %; AS !urinal!)
led that it. had been altog.tl,..r r,lattposti.,,t. 1,,
dons were, then+ ire, kept Lack ; bo.11.• of 1!. • • .
mained in his own posses•iul., Which les t'...i-i. .
unixce•sary to have pr...•elit:il to 11w 11•;•ise I v
now, however, about to ne rein, .1,1, 5e,C.a.1,1 ~ ,
tinanci it I,!pott, and rn.T.:iy to suit the views ii: i
Govettinient in wii:cli ti , coe.tidein..• c0n...! tie ;lay..
tie w..uld, the:et:ire, iii di,zl..ege le, i.nt•y, if i.!
lost one moment in psi testihg .0...i.1i t a li.'. taa‘
which would arm those very Minis..• r.-:. wit:, U.,: nie..:a,
of entezing into an hue: tionablo war.
Mr. Iii..NNET I' cool i I:01 11..11) consltl-rie; t'...:
measure as a first step to a war, into) which li.• ~..;
Ministers endeavimi.ing to itiveile the cow:1:y. i •.
::ever could consent to a war in tat ,:•Ir o: ;It,. ....„,r.
tunate family who were lat.:ly on th ',...1w:e ,it
France ; tor, however he paie,: their, be ,:, •ii.,••
tiat this country should rot ba pltine,lio A trerr.-..
do.ats cci.nict ti r them. Tiie Noble I.oid r.iii e. ~.
..ve any informatiin, lie refused to tell s.het .-i ..e
i:ad been an engagement bet'... en C.),.. `.......i. .
,:-.
and it ustrian troops, whether Rome had 1....,,....:t )
by the King ef Naples, whether thee: was .1 ---....-I
rising in Italy against the ikustraois, or .uiy ;:•..,.:
subject which would lead to a ja.4•511...! ))1;•.•6101. v-,.:
01. peace was most likely, and yet lit.' ~•/111,1 .s.,cV.!
house agree to an odious and oppre.si,..• 1...0.
conclthled by en!ering ItO, protest ai.,,a,,•at 1,..•
Mr. J. I'. GR AN i' evress...l !..is •spiiiit a n; it i -
was net reco,sary now 1.) go i.a,) ll.e 411...51a,n
.idoplittir, 11.:s tax. It •• I- a t•tx t:,,,••t in• tia.,,•.:e ti, ',..'.
~t,°,•,• ai:d feelire:s el the c.aintiy, :111,1 .1.1 !.-
:,..ite,t en .:reticy cool! be made out for its r.-viv;),
Ca! Ixople 11....1 no tigtit to siii.init to it. illi min ~
• t IA ev•; , V.' !C agt:a.•:.l as to 111..: n.a-c,...y t:i A;•.' ' i'!!• 1.:
A •.;.:lt,! H. t!-'l..;.sis.: i I..p.ii it;. ii ; • but t!1-tigh 1 - '!;...±
'i'.-c:i his v• to for ibis parpose, ,-ii the M.C.tht ... !
tie ,`.•.,.iy Exttaoidlnati, s, '.1:• did n,:t. thine .aat 4
...as •I, -,.4. In.- n mad.t..• on, v i.:1.1 required t!:,.; r.Ve 't
t!-(Lis o'wovous tax. '0.,: qui.:ta,ii •••.t.,s, s'.;:( .t
.4
';'-;;!; to izr....ria as IL:r.g as l'.,;,...ipaite •_;t0,41,! co.i.i. 't
.*:1 til.: 111:,):'1 Oi FI.C.,C::; It ..iii t• co. tilc case, 1!..!
taw: 0! it`, •. - ,:III( a V 1)!•1,.1. 5 ' VIV t•LitisVAIA. V..
•,:(:I').aat '..;1;! t! at ;tl.l', a' r,,.•0:-.t., . 4,,:,....0. was:, •
-,,,,i• ,v.• 1) i 5 il, 0n... ~..it 0.....: 1;,, ',,1.; ......1; .1
• die 7 hir..l ', I+) p:0v,...1:.• a;,,, ..(h•.t aity i..1..ret.:,..-i'et.i.:,,
of ally part of the '1 real ; but ``'-:"' '4' t''
that bec.t..se B.a...pat to b.t, regata,cd ti.e ....
France, Oat the di:fete:lee betty, ~11 i'.:e ;.• -
lishment now and in the time ut i!.e ''.e:i I.:' •,). •
great as to ten:lire the oitleience betv:cen ti;.4tt
lishment as it now stood, aud the aniteit.t ot i • •
coins Tax. it this w, re the case, Min s; •; • '
have a very high opinion ut the situ. lark ~i it..
try to suppose it cool,: bear such :ill e.yite....; .... •
Unless 11 were made to aipear that w... ': ~ .; •
Intely necessary, or that it must be 1 4).-...; ...: .
thst.o:t period, he cuu!d SVC rI,) rt.r.r.,lin 0 1 the : .1.:
6011 of the tax. But for his own pi• t ~;- • *•:• •
believe that war was u,ces•ary. It w.... -I `•t' • '
importance w!;ether the people o: Vl.* ii. l‘.l-- •
cent ot not—Bonaparte had ta..5.....,.:4_,1 :. e ,tit it.
Tiirone; and it we were to •••• to Wit ; t
~
pose of dethrmiing him, this v.-as A u'ali: •.•,, 1,. '•
oeptless, that in.less the (i..lll:i''ll,l, ri .11.'5.1 '‘.
cimvince Lim th :1 such wa. tiler i:ittr...,n, .10 FL
di%s„ tit tro(n the re.veac:::::n..t ot. a Lc.; w.,.,.: ••.,•
justified by :nly pluipect n'.,w b_loie. ti;e 12.,.:,...
the C 'lnlay.
Mr. C,l !.0 RAF I' 4 bsorved, that the rcte)
Bonaparte to I'racce, undoubtedly rei,,kici i. :..
sary to have the Peace evbli as.;nl,ait of tensl
e. •
higher than when we wcre iookia; to In c-• • -
molt of peace 11)r a scr.es (); yeais. 1.-: 1 •••• .
I happy time, it it bad ocztirre,.... 11? was 0.. yi;.: 1
a ft4J•lirie.l Proper :yr Tax v ould 11..ve !,.. 'I t .!• •
me: :: the exi,,,eneics of :11•• p.Tiod t',..to the T.v--
eiri:iLlitittl'.d:ll,rl,:i 'ezeonC, !•);Inuc•:-']ri..':.r. (-). tit' -t the
II::e \ ‘rit..eq• v.....e.1: ~
I :I; '• .
gi:t :na•ly i-atts of it to •.',:....,!, •
had evcr thotlg:lt it !Atli,: tae r.).'s• m•j-s., :. •1
andtdt :t i ligli3;irltel',l)3gutai:er;st: pot.'4tr:sietti o'o°ll:lteit'llhesqe" riL•till:it!.e)liF,'t.:l."' t:';''.iiici:::.• crl''.11;::.:1- :IIII1'..;• ::1‘.::: '''' : t"... ..
every man must know :hat the su.;'s th.......:.
sary cannot be produced eXCk•rt by 01,':13,01.,• •;"
On voting, however, for tha Speak ~r i• 'i'
Chair, lie should rot conceive hitn,eis b.0.:;:i1,t '
putt the measure as it had now bee., r, ..'••--
Mr. H. MARTIN s.ii,!, the PI i•;.;':(Y
been found so univer,a ~
:ly oppres,:iv, t: a ;.
t t'••
not a per;-,on to be found out of 01.4 t. I-1:•u.• ;•
cilipiiii,leteeri)
art,
ii:idii,oisilekb:dtrejeutediiytcteltif:eol:ti.trnirl)lixiti tos;,i revival
i:;
:. ;
Tal :it:.
It: :!ip:,•,t. ~,,_.ic 1,1, ,1. Act; . :.• ..
~
cellar ut the Ex:ll:titter was very iraie cil:r'''
not dealt filthy by the House .3- the pond,, II '•'.
been introducelscdteu ns'ilis
ificttnaoi';i:itilleili.jt:;:ei I'llt:yi'llent::l.rirneli) n;'l;:':.44ILI:111';;;;*:i.;11..:!:.''..:::''J
scour.
avoided. lie should not contt•iit. e
liinni' I't i
i3O :;vttr '%:.*:•,;
against the Tax as it wasnow plopow,i, bat in '.`

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