Star.
London, England, 1829-05-09 00:00:00

.0

dilleaty is understanding what he meant, bet hereto he SAW
he ideally understood him to mean that the actual surplus was tem
millioos and a half. He did sot agree with its policy et &Wk.
Exchequer Bills. It was evidently a loos to the cowry more thaw
3h per cent. The Hon. Gentleman thew went into • long state-
ment to prove that such a toes must be the Inevitable result of the
late Mandel measure. There was forty millions of mosey in the
3 poi Cents. standing' the name of the Accountant Getteral.—
Now be would say that this large tom ought to be invested is Rs-
chequer Bilis. It was a subject that called for inquiry. He would
soak what prudent man would lowest atmtey in a giunbliog stock.
when be was aware that mosey alight be soddenly called for.--
Every merchant and beaker would purchase Exchequer MI,
which bore a steady interest. sad' e was sure that ought to be the
security in which the Court of Chancery ought to fewest their fends,
or he would propose that Government should take the mosey—
keep a regular account—end pay the miters three gee coat. or, if
circumstances admitted of it. three and a half or four per met. He
would not advise the whole forty millions to be sold out at mace, as
that might have a most lejutioos effect upon the market ; but cer.
Wolf all mosey that might hereafter cone lots the Court should
disputed idiot this sumer. The public were ha ignorance as IS
the real state of the immense fund io the Court of Chancery. sad
it was necessary they should have their eyes opened—they did ant
understand, any thing about the unclaimed &valetas arising from
this fund: He believed the salary of the Irks Chancellor was paid
out of it.. but be was convinced a great deal mere than that might.
be done. If the whole were under the animal of Goveraimeat,asid
not frit to the lawyers to dispose of it.
• Mr. Al A BERRY miff the, Bight Hon. the Chancellor of the
Exchequer had clearly provW that the Sahli' Fend was a ems.
plate fallacy; heolsere, hoped it would bedew away with.—
The poontey was is that.state of distress. that there must be a re.
ductless of iazatien. and the gong Laws must be abolished. What
could prove same the impossibility of employing capital to advantage
thee the feet of to atillions being subscribed this day for the three
IniWoos of Exchequer Balls Government intended to fund; the rate
et &tamest was not high. but it clearly shows there was no ether

swans et estmloyisl money .
Mr. SUGHICN old. he herd be should never live to see the
day when Government would take remission of the funds of miters
is the Conti of Chancery. He could assure the HMSO that the
lawyer had whiny to do with this fund ; but even if they had, it
would be in quite as good bands as in dime of *pentad's 0111 T.

ebants—(A Hugh). -
Mr. BARING explattied—He did oat mean any thing offensive,
when he said its fund aught net to be at the disposal of lawyers,
salt sweat it might be mem advantageously appropriated than it
was at resent.
Mr. ATTWOOD took madam to observe, that it was abso-
lutely emissary to begin to goad earliest a system of redectien ;
the Hen. Member *ben dilated at etinsiderabk length on the ex-
ports of Ireland la ltl9 fl, which were so great as to be almost sops-
Fancied at any other period, and yet in the midst of this the inha-
bitants were in a stew of famine and impending death.
Mr. HUSICISbON could not help being a little surprised at
the digression of the Hoonerable Member who bad test sat
down ; scarcely a point le bin speech but would have well applied
to the debate of last night when the pauperism and poor laws
of Ireland were. wader discussion in the Haste—(Hear, isear).
71st HosioUrable Member, if bad looked properly into the
question, would base seen nothing very wonderful in the carets
of Ireland at the period he alluded to; there will always be pe-
riodical returns of distress where capital is not permanent.--
At the wore time, thew was no greater proof of the country ring
en well, than when her coostemption was increasing. With
respect 'rube Silk Made, and the disturbances at Spitallields, and
elsewhere. if Honourable Members would be pleased to look at the
Inmerif Register. article.* Riot," they would And that disturbances
twisted at all periods there, and in a much greater degree, than in
any other plate, and that, be would venture to say, would always
be the case.
Mr. It. W. H AMOR! linerved, that Session after Seaton
promises of a reduction loins* had been made, without a single
step to that dedratile end being obtained. He should propose a
redaction orates gonerally, sod a property as of from forty to
fifty per cwt .{Graz Imsehter). Honourable Winkle might
laugh. well %sowing thy that would, sever take place, becalm they
bad it in their pewei to prevent It : be was saddled of its success,
however and if snowdrift were not speedily dose, he was canals
sbat the doors of assOlouse would bobcat by Petitioner, craving
a diminution it sews. mil as alteration of their charter—(Hear).
Alderman-11%'412.1131AN rose amidst loud aids of question.
The lion Aldionsairoblested to the motion.
Mr. HUMIt aisid that the present was not the proper time for
the funding of Raelitquer Bills
Mr. GHRDON also objected, and protested against the transfer.
Alta: rime obiervatious front Mr. Meanie, Mr. Arnow, Mr.
Huse, and Mr. Hearne, the Resolution was agreed so.
The several Resolutions were agreed to.
The House wormed. Report on Monday.
The Bilk Trade Bill was read a third time, and passed.
The other Orders of the Day were disposed of, and the House
adjourned at Hat .ease Two otiose.

THE EVENING STAR.

LON I H

SATURDAY. MAY 9. 1829
PRICE OP STOCKS AT FOUR O'CLOCK.
Moak Stock Indio Bond. 44 SO 51
II per Cest.ltetl.lllll T OW Annuities
Spar et. Coos. 1176 II New Ditto
56 per Cent. ISIS. • £lOOO Keekei. DM SS S
SiperCeol.Ked. !SI I I ANA Ditto 65 S
4 per Ct. Neor.lolll i .11100 and 4100 Ditto 63 6
4 per Cent:l6lM. 1016 i Commercial
Loa Aon.llll A-16 Inas for Acct.
Lulls Stock SSG Consuls for Asti 611 I 11
FORIMIN vilme)s. TWO 41'Cl.tit*IL
Amulet' goods S p. Ct9Tind l Kuts.ll.ls. I SIM. 5p Ct. S 6
11. rodeo 141... 5 p (k. Fr.ltentee. A pC. tOri 106
De Aso 531 &clangs *Sr SIX
111tITIt1U AND FOREIGN SHARKS, TWU ircLocK.

wafts. rain.
Brazilian SS 20
Mt* National SS S ei •
toknobion Ho SO 4i i 1
tl.oprd *akar: 40 IV $
Prosiiiicial &OS of Inland 100 SS 211

The CHANCELLOR of the EXCHIQUER brought for-
ward the Budget last night, and put an end to all chose
dreams of gigantic financial measures in which some
people had indulged. The Right Hon. Gentleman's
statement was perfectly clear. and, upon the whole, sa-
tisfactory. lie admitted the present distresses of the
country. and the effect which they would have in sus-
pending the increase of the Revenue; but he treated
them as being of a transitory nature, and expressed the
111014 entire confisence in the stability of the resources
of the United Kingdom. Touching, however, but
slightly on these topics, the CHANCELLOR of the Es-,
emactuan confined his statement ptincipally to three
points—the Revenue end Expenditure for the year
1828; the estimated Revenue and' Expenditure fqr
18.19; and the Ways and Means by which the necessary
sum for the service of the present year is to be raised.
With regard to the Revenue of the kingdom for
1828, it appears that it amounted to £55 187,000,
wbile the expenditure war. £49,336•000. thus leaving a
salting of £6.851,000. But the Right Honourable
Gentleman did nut calculate on such a surplus in the
pre,ent year. In the first place, the apparent amount
of Revolve would be decreased by the *mount of the
seas beretotore received from the Bank on account of
thefkad Weight. namely. about £1,900,000 t and, se-
condly, 6y the falling off of £250,000 in the customs,
cud 000,000 in the &cease, which he caleulated would
take plate in the present year. In the itther braitches
lievenve he did ant estimate that there would be
any diminution, and therefore on the whole he assumed

that the ordinary Income of the United Kingdom for the
year 1829 would amount to the tom of £50,807.000;
to which beiag added the receipts of an estraredinatri
nature, the total revenue would amount to 131,347,000•
The total Expenditure, according to the Votes passed,
he estimated would be £48,353,393. thus leaving
ions fie surplus of Income over Expenditure of
£3.018,407 applicable to the Reduction of Debt. The
Sinking Fend, therefore. contemplated last year of
0.010,000 will be fully maintained, but some modifies.
dons in its arrangements are to be made. The Life
Annuities, now charged on the Sinking Fund, are to be
transferred to the Consolidated Fund, which will re-
duce the apparent amount of the Sinking Fund, and
power is to be given to apply its amount to the reduc-
tion of the Unfunded as well as Fended Debt. The
amount to be expended in each Quarter to be regulated
by the actual surplus of the four preceding Quarters, as
ascertained to have truly existed.
The Ways and Means to meet the Votes of the
Tear

Sugar Duties Ar 3,000,000
Repayment of Poor Bills _ .. o. 120.000
Ran India Company and Impress Stamp. } 506,111
and Surplus Greats
Surplus Cussandated Fund ta.700.000

sel 11,326,2111

It is not intended to replace the £3,000,000 Exche-
quer Bills funded by issuing others. but gradually to
reduce the amount of the Funded Debt. _ _

The CDANCOLLOR of the.EZCIIEQUIR concluded by
expressing a confident hope that the cloud now bagging
over this country will speedily pass away. and that
Great Britain will present a picture of prosperity and
happiness. such as no other country has tier exceeded.
GOD grant that his prediction may be ye ifi4ll
We have confined ourselves to a simple staseinent of
the financial estimates and arrangements; butt from
want of space, most postpone some remarks which we
wish to offer to another day.

We received last night the Paris Papers of Wednes-
day, and the Gamete de France dated Thursday morn-
ing. They contain letters from Bt.Petersburgh. which
state that their Imperial Majesties will leave that capital
on the 7th May, and proceed to Warsaw, to he there
crowned. Lord HETTESISURT is to attend the Emperor.
Great naval armaments are making at Crons:adt, and
a new levy of seamen is spoken of.
The French reads remain hlgh.—Phe per Coots. 10K—Three
per Cease. 731.7 k.

We are Nippy-to state, that the mounts from the
manufacturi4 districts are more favourable. There bas
not been any renewal of the disturbances at Manchester
or other places is that part of the country.
In Spits!fields there is still considerable ferment, but
no flesh instance of outrage has come to our knowledge.

By the German Mail, which arrived this day, we re.
ceived the Algernon** Zeitung of the 2d May, in which
we find nothing worth extracting but the following:

VIENNA, Aran U.
Io our piper of WA Much, we mentioned las few weak ease
:earreocee to Candle, of which the Mowing letter glees the pr•

ticalats :

f• COMA, Pa. say len.

" Oa the ISM January. fourEgyytian aim of war, vise a corvette,
a large brig, and two schooner brigs, which had sailed from Alex.
sad& on the Ifth lest. arrived at Sada ; two other *tea of war
whkb were not ready to put to sea as the 15th were to follow
them. iced we have in fact learned from a Genoese Captain, who
sailed from Alexandria on the lath, that a frigate and a corvette
which were to )vin the above mentioned division, had met of Cape
Moro (on the east end of Candia) a Russian ship of the line, which
gave ebsce to them. The frigate being the best sailer bad taken
the eistvette in tow. Bet as the Russians gained on the two Turkish
vessels, the frigate slipped the towing line and left the corvette to
Its fate.y
" The division which arrived from Alexandria on the Mb of
January brought the news that the Viceroy of Egypt bad received
notice Item ♦dmiral ►lalcolm that the blockade of the bland of
Candle by the English and French (which bad Demuth contributed
to favour the Insurrection) bad been raised, and that the Viceroy
was therefore at liberty to take such measures as be should )edge
the most advisable for the pacification of the Island. The Viceroy
contmunicated this information to Suleiman Pasha, the Seraskier
of Candia. desiring him to call on the insurgents to submit, and to
promise them complete amnesty for all that bad passed t otherwise
they must blame themselves for the consequences that might ensue
from their protracted redstance. The Chiefs of the insurgents
(most of them strangers in the island. who had been sent thither to
maim the insurrection) required time to answer to this summons,
and declared in the end that they could not agree to anything, as
the messenger whom they bad sent to the President at Egina for
Instructions bad returned without answer. Their real object seem
to have been to gain time. to turn into money the oil which they
seised upon last autumn. The two sc►oener brigs which arrived
on the 10th of January. were therefore sent back to Alexandria to
inform the Viceroy. these of these brigs sailed en the lush, the
ether en the list of February. According to the report of an
lonian Captain who arrived at 'Suds a few days ago, it seems'
that the first of these brigs has been captured by the Russian
squadron. consisting of two ships of the line, two frigates. two cor.
vette.. and a foie, which is cruising off the coast of Candia.
" The French brig of war Alcyone has been for some days at
Soda. Captain Leblanc, who commands it, had an interview
with Baron Vim Reinetk, who directs the operations of the in.
surgents in this island. in order, it is said, to leave Candia.
as his protracted stay in she island could only bring down
new misfortunes on thee inhabitants. Mr. Von Reineek is
reported to have answered; that he had sent two of his Secretaries,
one of them only ten days ago, to the President for orders, without
whist' he could not leave the post assigned him. The Alcyouse goes
today to Candia, and thence to Egina, butting to Ind Admiral de
iligny there.

" liefore the appearance of the Russian mindful ha those seas,
the insurgents, who were acquainted with the resolution of the
Allied Powers respecting this island, openly declared that they
were willing to submit as soon as they should lave sold their
oil; but now that they imagine they have nothing more to fear
from Egypt, the Greeks, who were before the first to break
the armistice that had been concluded by the intervention of
the English, appear disposed to persevere in their revolt. This
has already led to new 'Waistlines, for the Turks make almost
daily sallies trim the fortresses (Candi*, Rettiino, and Canes), and
generally return, after sanguinary engagements, with booty and
prisoners.—Aistrion °fawns, 17.
Tuna, Amur 17.—Metalliques !7i—Bank Shares, 1,101.-
4figesseite &item. May I. •

t This Is the eervette that was tidies by the llesslans sod brought
hue Tees. 10th Ireb. en the wine day with the Turkish merchant►
matt Qum Rhodes to Candia, whisk was returned by order of
Admiral 115)ders.

CATT. TwitLys o'CLocs.

W. have to anivab this easing Worth the least node*.
At length the grand loasscial statement of the Qtrasecsuan of
eh . has appeared, which has 'ready surprised our City
spacobtors, who expected something wonderful in the Budget ; hot
they have he.. deceived. as no new measures. and no money is
required by the Ministry at peseta ; and. upon the whole. the
Budget is of a very favourable description. It appears that re-
trench:newt is the order of the davit, as to make up for the de-
kiwi in the revenue.
Consols opined this morning at ine f for the Amount. and $76
for Moan. at which price they remain steady at present. with
little doing.
Exchequer Bills may be quoted at as. to Ha. and new Scrip at
two premium.
Op to the present time the Foreign market is void ai the bast
intern'.
CITY. HALT-PAST ONE O'CLOCK.

The Indict las had but very little effect on Contras op to the
present boor. as Consols have been done 1174 and ll7f foe the Ac.
count. which I. a Auetuation of * per cent. but at pretest they
may be quoted at 117,i, alternately buyers and sellers. with little
Winer' doing.-- It is sow ezpsoted that Parliament will soon
break up.

~~

Pc 3 t.l_
• -
e4syn.
40,- 1 '
so 4:4474:4; . ••Aa..44lause ere the dear lad WO *W-
eil LN"."."1',„.., if the Rachemter. to that so fake
i" r. "-vas matbentatical.—it was figures as
•(oriwt.,,
grins sure. satisfactory to the House
" ' aa4rue, It was accompanied with sane
hid. ;1..,1L1 might equally become the Poet Laura*, as
the Chakellot • • -7 16richequer ; but it was yet comprehensible.
The Right Hon. Gentleman talked of 5A50.0001. and sewrsi other
sum's, as the surplus revenue of the country. At first he bad sem.
•••••1••• a...a.. Leaf Itr&brie ka &limbed