Star.
London, England, 1821-06-02 00:00:00

ILL TREATMENT Or HORSES BILL.

The-House resolved itself into a Committee at the
11l Treatment of Horses Bill.
Mr. N. W. R. COLBURNE opposed the Bill. He
thought it unjust that servants should be punished for
the ill treatment of horses or oxen, while the owners
were totally exempted from any such punishment..
Mr. R. MARTIN coincided with what had falls
from the Hon. Member, and hoped that be (Mr.Col-
hurtle) would propose a clause, making masters or
owners of animals also punishable. •
Mr. Alderman C. SMITH thought the measure a
beneficial one, but he hoped that cruelty to asses
would also be made punishable by this Act. Be
therefore moved, that after the word " horses," the
word " asses" he inserted—( Lankier).
The CHAIRMAN put the question, that the word
" Asses" be inserted—( Loud laughter).
Mr. MONCK thought the Bill unnecessary. If
one Gentleman legislated to prevent cruelty to horses,
another had undoubtedly a right to protect asses also
laugh)—and a Gentleman fond of dogs might
bring in a Bill to punish cruelty to dogs---[A Moan:
"or cats"j—(A laugh). A Gentleman said "or cats,"
and undoubtedly they might be led to that extent.
But it would be difficult to define what cruelty to
animals was. That which one person considered
cruelty, might, by another, be considered only a jsit
and necessary severity.
Mr. Alderman WOOD thought that the live.
Gentleman was entitled to the thanki of the Hotta
for bringing forward such a Bill ; and, as to its prac-
ticability, the law already in existence for punishing
persons guilty of cruelty to the animals they drove
to market, was a sufficient proof that it could beta`
tied into effect. _

Lord BINNING suggested that the owner d dtt
animal should also be included hi tie the Ha
Mr. SCARLETT objected to the principle of thl
Bill ; if it was adopted it must be extended to de
horrible cruelty of hunting the hare, and to that tv
fined cruelty of horse-racing.
Mr. J. SMITH supported the Bill, as necessary $0
restrain the cruelty of carmen and others, hariag the
are of horses, so frequently seen in our streets. He
was certain the Hon. Chairman (Mr. Brogden)agrami
with him in opinion on this subject ; for his Hum
Friend had sliewn his opinion on this subject, by
thrashing a brutal carman in the street, for clucky
to his hurEe, on the spot on which the cruelty was.
exercised. The surrounding populace 'hewed the or
Dion they had on the subject, by the applause ihich
they bestowed on his Hon. friend—(!leer, Ater).
alter Wine Ob644Yitli.nsb Irons Mr. MARTO, Mr.

Coonaws, and Mr. Moma, the Amendment pro-
lei ta. Lord BINNING was adopted.
Mr A;(1, man C. SMITH then moved as an
Amendment that the words " mare or gelding, mule,
or a 5..." be in.erred.
This Amendment, after some observations from
Mx. W. SMITH, and others, was adopted.
Mr. ELLICE opposed the Bill ; and gave notice
that he should propose, on the question for receiving
the Report, that it boreceived this Jay six months.
The other clauses having been agreed to, the House
resumed.
Mr. BROGDEN moved, that the Report be re-
ceived on Tuesday.
Mr. ELLICE moveJ, as an Amendment, that the
Report be received this day six months.
Mi. RICARDO supported the Amendment.
Mr. BERN AL opposed it, and supported the Bill.
Mr. SCARLET!' argued strongly in support of
the Amendment.
The ATTORNEY-GENERAL also supported the
Amendment.
Mr. Alderman WOOD opposed it. Two great
Learned Gentlemen had objected to this Bill, as enact-
ing summary punishment. He was not surprised at it.
It was somewhat singular, however, that great Lawyers
generally condemned all laws which gave the power
of summary punishment to Magistrates.
Mr. MARTIN spoke against the Amendment.
The House then divided—
For the Amendment - - 51
For the original Motion - . 54
Majority in favour of the Dill - —3
The other Orders were then disposed of, and the Haase ad-
'perned at Two o'Clock till Monday.

THE EVENING STAR.

LONDON,

gyp The
be Acceptable.
SATURDAY, JUNE 2, 1821.

of W. 1.1. from time to time, will

THE FUNDS.

The anxiety of the Public was so great this morn-
ing, after reading the Budget of the CHANCELLOR of
the &cascara', that the court leading to the Stock
Exchange was crowded, long before the opening of
the House, by persons all anxious to obtain the price
on the first opening of the Funds. The moment the
doors were opened a great bustle took place, and
immediately £lO,OOO was sold at 76k, and the price
fell to 76t. The day before yesterday Consols were
at 78k, so that there is a fall of 2 per cent. The
Jews were the first sellers on the opening of the House.
ELavzN o'CLocK.—Consols are now 761 for the
Account, and the market appears more steady.—
Several jobbers who hadsold on the first opening of
the market have turned buyers.
CURRENT PRICES AT ONE O'CLOCK:

S per Cent. Reduced 75 74% 75%
per Cent. Cons. 75 ji $1 763/4
4 per Cent. 94% 3/4-5 per Cent. shut
Long Anns. 19 1/4 3.l6—lndia Stock 237 238
Bonds 465. 40s. pr.—Exch. Bills2s.dis.2s. pr. 3s. dis
Cons. for Acct. 76 th 'A 77 76% 7714

We ate now enabled to state, on authority on
which we place perfect reliance. that our gracious
Sovereign dots go to Ireland this summer. All the'
great Officers and other distinguished personages
who are to attend his MAJESTY, have received offi-
cial orders to be in readiness at a moment's notice.—
His MAJZSTY goes before the Coronation, and will
therefore set out soon after the Prorogation of Par-
liament.

We believe we may also add, with certaiaty, that
it is his MAJESTY'S intention, in returning, to honour
his ancient kingdom of Scotland with a similar visit.

The CHANCELLOR •of the EXCHEQUER last night
opened his Budget of Ways and Means for the year.
We think it must be allowed to be, upon the whole,
satisfactory. Keeping out of view the charges for
all Debt incurred previous to the sth of January,
1881, the ready money produce of the year is ad-
ulated at £6,570,030. The current expenditure, how-
ever, will amount to £90,018,800, and to make up the
deficiency it is proposed to borrow £12,500,000fr0m
the British, and £500,000 from the Irish Sinking
Funds ; and to add to these sums the 1:500,000 to be
lent.ty the Bank of Ireland for the extension of their
Capital. What is called borrowing from the Sinking
Funds, is however, as our Readers are aware, only
taking out of one pocket to replenish the other ; and
the half million lent by the Bank of Ireland, is, in
fact, so much paid by way of fine, or bonus, for the
enlargement of their Charter ; so that in reality the
ready money produce of the year is equal, toithostt
any new tax, or any new loan, to the charges of the
year. •

Nor is this all the gmund for satisfaction which the
state of our finances presents. The sums borrowed
from the Sinking Funds of Great Britain and Ireland
di;not exhaust these funds, which will amount dur-
ing this year to £16,825,958, leaving a surplus, after
the sums lent or transferred, of £3,825,958. It is
this balance which forms our real Sinking Fund; for
in this, and no more, will we be in pocket after pay-
ing the expenses of the year, and able therewith to
pay off so much of our old debt.

But compared with the amount of that old deist,
what a trifle, after all, is this sum of £3,825,958?1
What a mite towards the reduction of the enormous

sum Of £778,317,655!—1t is the burden of this enor-
mous arrear which forms the only real financial oppres-
sions under which the country labours, and which
casts a damp on whatever pleasure the otherwise
thriving state of our resources is calculated to produce.
The annbal charge for the interest of this Debt
amounts to no less a sum than £48,328,78°, which
Ire pay over sod above the current expenses the

Government, swelling the grand total of our burdens
to the fearful sum of L 68,346,980, or, including the
surplus of the Sinking Funds, £72,172,938.

When the CHANCELLOR of the EXCHZQUER talks
of no country being cosparativdy so little in debt as
ours, it is difficult, with such facts before us, not to
feel somewhat provoked at the worthy Gentleman's
awkward attempt at consolation. What country is
there on the face of the earth, with which a com-
parison can be instituted on anything like fair
grounds? Was there ever, indeed, an example be-
fore, of a People owing a sum of such magnitude?
And is it possible that the industry:of a Nation can
be taxed with the interest of so vast a debt withou
being vitally and lastingly injured ?

The CHANCELLOR avows his confidence, moreover,
that the difficulties—that is, the Debt—which the late
wars have entailed on the country, will be " over•
come by the zeal and energies of the people, which
have already surmounted difficulties of yet greater
magnitude." It would have been an agreeable thing,
if the Honourable Gentleman bad told us of what
greater difficulties he was speaking; for it is to us
quite new, that the British people ever did anything
before in the financial way, equal to paying eff eight
hundred millions of Debt, except, indeed, it be the
incurring so unequalled an amount of debt.
The CHANCELLOR has acquired some notoriety for
his drops of consolation ; but it would be providing
a real cordial, could he authenticate the comfortable
precedent which he talks of so vauntingly, but, we
are almost sure, most unadvisedly and indiscreetly.
An observation was thrown out by Mr. LOCKHA RT,
on the subject of our burdens generally, which is de-
serving, we think, of particular attention, in regard
to the Debt of the Nation. He remarked most truly,
that if the reduced price of all commodities is consi-
dered, the seventy-two millions which we pay now
in taxes are equal to nearly double that sum at the
value some years back; so that we are now actually
paying more, and suffering more from taxation, than
at any period during the war. However singular
this may appva,, it is no more than the simple truth.

—When, therefore, we pay off this year three mil-
lions and a half of debt, we are paying at the rate of
twenty shillings in the pound, when we only received
at the rate of perhaps ten, or at all events not more
than fourteen shillings. The difference is a bonus which
the Public Creditor gains by the depression in the
value of all Agricultural and Manufacturing produce.
and the corresponding rise in the value of the money.
But is it right that the fundholder should be the only
person who gains and fattens by the general distress
of tike country? Would it not be better to give over
paying off any debt for the present, and instead of
raising £9,825,958 beyond what is required for the
current expenses of the year, remit taxes to that
amount—such taxes as press more immediately on
the operations of industry? The relief which such a
remisssion would give is incalculable; but it is, un-
fortunately, too opposed to the timid system pursued
by Ministers in their financial management, to allow
us to indulge the slightest hope of anything of the
kind being ever accomplished during their Admi-

nitration.

The Paris Papers of Wednesday arrived this fore-
noon. We subjoin some extracts. The French Five
per Cents. are quoted at 84f. 95c. but private ac-
counts gate, that at the close of the market on Tues-
day, they had advanced to 85f. 50c.