Star.
London, England, 1816-05-28 00:00:00

JERLIAXENTARr PROCEE,

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HOUSE OF LORDS, MAY 27.
Mr. V i OGDI N and others, from the Commons tired& up
the Criminal Lunatics; the Gaol Fees, and several Private Bills,
which were read the first time.
Upon the motion of the Earl of IAMERICK,-thisseissed read-
Mg of the Irith Farms Bill was Bled for Thursday next.
Lord FORTESCUE presented a Pention from 'be County of
Bedford, setting forth the extreme distress under wl.ich the
country laboured, and praying for relief by a reduction of the
Taxes,--Ordered to lie on the 'fable.
The Soap Duties Regulation, and the St. James Parisi' Poor-I
Bills were read the second time, and ordered to be committed.
C9RONEBe BILL,
Upon the Order tor the recommitment of the C0..1
roners' Bill,
Lord HOLLAND rose, and stated at length the
objections which he had before felt it his duty to Urge
against the Bill.
The Marquis of BUCKINGHAM observed, that
as it had been agreed by their Lordships that the'Bilt
should undergo a fair discussion in a Committee of
the whole House, it was incumbent on them to pro-
ceed with iraccordingly.
Lard KENYON objected to the Bill on the ground
of the inordinate allowance. which it Would mend to
-
the income of the Coroners.
The Earl of CARNARVON spoke on the same
side, and thought that there had not been sufficient
time given for the due consideration of the subject by
their Lordships.
The Marquis of BUCKINGHAM contended',
that there had been sufficient notice given two yeals
back at a Quarter Session of which he was Chair.
man ; it wds so well Understood, that he had then
received from the Chairm to of another Session a
contmtmication on the very subject.
The question being put for omitting the Preamble
previous to entering into the Committee, a division
took place, when the numbers were—For reading the
Preamble and proceeding in the Committee, 31—
Against it, 16—Majority. 15.
The Marquis of BUCKINGHAM moved, in the
Committer, that 40s. instead, of 30s. should stand
part of the clause to which it referred.
After several observations from the Earl of Denny,

the Earl of EaansioNr, and Lord KENYON, another
division took place, in which the clanse, as amended,
W2ll adopted by a majority of eight, the numbers be-
ing 31 to '2:l.
Lord ELLENBOROUGH moved, as an amend-
ment, the emission of the clause wttich entitled Coro•
ners to receive fees tot' attending the Sessions. The
amendment was agreed to without a division.
Lord AUCKLAND considered the Bill to have
been framed and drawn up in a very slovenly man-
ner. He could by no means approve of the cla►.%
which extended the Coroner's fee from 91 to 2s. 6J.
That he thought extravagant, and be knew that the
income of the Coroner for the County of Kent was

not less than se4oo a-year.
The Marquis of BUCKINGHAM remarked, that
the plain question before the House via,. vO:ether a
Public Officer, properly dischargiag his duty,.was or
was not entitled to a fit remuneration ?
Lord KENYON moved to amend the clane, by
substituting ls. 3d. in addition to the former 9.1.
A division on that question took place, in which
the Noble Lord's amendment was rejected by a ma-
jority of eight, the numbers being 25 against 17.
The Earl of EGREMONT then moved a clause,
that the Coroners lay copies or the depositions, as
well as the result of inquests, signed by themselves,
and not by their Clerks, before the-Magistrates.
Lord ELLENBO ROUGH opposed the clause,
but on the question being put, it was agreed to by
the Houle.
Atter a few observations from the Marquis of
LANSISOWNE• Earl HARROWBY, Earl STANHOPE., the
Earl'of LivauPont., and the Earl of EonesiohiT, the
Bill was ordered to be reported on Tuesday nest.

SINACURE PLACES. &C.
Earl GROSVENOR rose to Make the motion of
which he had given previous notice, relative to Sine-
'awe Places and Offices in Reversion. He felt muck
uneasiness and great diffidence, oppressed and embar-
rassed as he must be by the weight and magnitude of
the subject, and 'with the consciousness of his own in-
adequate ability. He should not, however, shrink
from his duty, but wpeld earnestly implore of their
Lordships to take into their consideration the unex-
ampled distresses of the country, manifested as they
were in every quarter by the murmurs and complaints'
of Landholders, Agricuhurists, Merchants, Mann-,
facturers, and all descriptions of People. Economy
was loudly called for, and had indeed been' urged at
the opening of the Session in the Royal Speech.—
The promise, however, held out in that Speech had
-by no means been fulfilled, and the Public were na-
'tura'lly disappointed and displeased. It was impos-
sible in the general distress not to look with solicitude
:and alarM to Ireland. Wherever Weir Lordships
would can their' view they 'must perceive the abso-
lute necessity Of bringing into active and effective
operation a system of economy. The season of Peace
V was the time for such measures, and it was peculiarly
pressing at the preient moment, becaise it was im-
possible to calculate' how' long the Peace might be
permitted to exist under tlfe, measures which were
going forward both underthe Trench and the Spanish
Governments. Instead of retrenchment and economy,
the termination Of the war had been attended, with an
augmeqtatiun of expense in almost every department,
Civil and Military. His Lordship concluded by
moving—" That a Committee be formed to inquire,
into 'the. present state of the Sinecure Offices and
Places held in teversien, and to devise means for the
abolition or correction of the same."
The Earl of LIVERPOOL shOuld not follow that
Nobly -Igli the Wide, and desultory scope in
Wl,bn the -question relative'
mud
.disposition of the publ4
properly before .the House, bit
defend the condo 't of. the Males
-
A TAnmittee had already been.

to that end w4s in progress in

another House, and it the N.,hte Earl • iyeen in
his place on a late occasion when th" que,tion of the
Bank Restriction was discussed, a good deal of what
Ile hid advanced that night would have been I( uid
by him superfluous. On the subject of the abolition
of sinecure places, he would 'maintain the opinion
whieh'he had often expressed and always entertained,
that such a measure was not only unnecessary, un-
wise, and inefficient, but must necessarily, in the
event, defeat the very object for which it was sag.
gested, and produce, instead of economy, additional
expense to the country. There was no country in
urope, or perhaps in the world, where the public
establishments mere more economically arranged than
they were in Great Britain. The Noble Earl con-
cruded by moving the previous question.
The Marquis of LANSDOWNE was by no mew
satisfied with the arguments of the Noble Earl oppo.
site ;and in a speech of great argument, eloquence,
and ingennity, supported the motion of his Noble
;Friend near him.

Earl HARROWBY supported the motion of his
Noble Friend for the previous question, and thought
that as his Majesty's Ministers had already Aiken
measures to inquire into the general state and Ma-
nagement of the finances, they ought to be allowed
to proceed before any farther steps shonld.be tageb
by Parliament.
The Marquis of BUCKINGHAM disclaimed an
acquiescence ins doctrine so unconstitutional as that
which bad then for the first time, in his eats, been
broached in Parliament ; that Parliament, in niatters
of economy and finance, were not to stir. until Minis-
ters had grven them the signal for entering on their
duties.
Lord CALTHORPE, without any doubt. of the
zeal, activity, and integrity of his Majesty's
sters, yet thought it was becoming that House to en-
ter, by its own authority and efficiency, into the in-
quiry recommended by the original motion.
Earl GROSVENOR replied at considerible
length, when a division took place on the previous
question, which was carried by a majority of S 8;
the numbers being—For the previous question, 61--
Against it, 24.—The original motion, c f course, was
lost.—Adjourned.

HOUSE OF COMMONS.
Petitions were presents-4 from the innkeepers a Portsmouth
against the increased Letenee I)uties, from the Town add Bo-
rough of Du :carton. praying f..r a bounty on Ash ; front the C.r-
po.ation and 'Mayor n? Dublin, in favour of Denleary Harbour
Bill ; and front the Barkers and Merchants of Dublin, to the
same purse.
• General THORNTON gave notice, that he would on Thurs-
day se' ht, move for a Committee to take into consideration
the number of forged Bank of England Notes refused to be paid
by the Batik, and co report on the hest mean, to t•revent forgery.
The House divided on the passing of the Montrose liathAur
Bill, when the numbers were—For the Lill, 21—Against It, 25..
Majoritii, 4.
The Goal Fees Aholitirn Bill was read a third tim: and pawed.
On the third reading of _the Argyleddre Road I:id, 1.0r4
Co Si 0:4 rroposed an ,atr.entlment, when the e
and the numbers were—For tie Am:wit:tent, 73—Agatust
65.--hiajortty for the Ananirnect,
Ant,:her Antendme!!t was ntoved, :chile strangers were ex-
eluded, a•hi another dori,ioa took pi.ce, whet: the numbers
were—For the Amendment, 63—Against it, 135-111ajorit, fOn
the Amt.:l:lino». lit.

' The Bill' watt then read a third thr.e, and the Houee Ca
its passing, when the taintbers were—far the bill, PSl—Against
it, 53—Majority, 48. •
A Message front the Lesedi Infeirmed the House, that their
Lordshiip: hid az,reed to several. Public and Private Bills withoitt
a:neediness t.
Mr. I; ao lIGli AM gave notice, that he .vould, on Friday next
in the Agrscultnral Committee, ne,ve a Resolution tor the encou-
ragement of the Cultivation of l's:bacco in this ossuary.
Mr. LEsLIE Foa l'Elt thought is !•ecessary to mention snme
memorials from. the Irish Court of Chancery. ha' hr bad en
a former occasion said. had been said of another alike than that
to which is had been attributed in suite Nerrapapers, and much
had been generalized which had been said with great ipsaifiearjam.
So far as the Masters and six Clerks had been conecrned, be
had not said that their charges had resulted from them, but bad
proceeded from gradual and great accumulations. He had only
add 'hat he had not made airy accusation, and had said nothing
but what was necessary for the purpose of currecting great abuses.
"I he s PEAKER wished to know whelber the Honourable
Member wished to make any motion respecting any Breach of
the Reties of the House ?
Mr. L. FOSTF.R said, he had no such intention at present.
Mr. HORNER wished to have some information respecting
the Spaniards. One person in particular was, he believed, still
confined In a dungeon at Ceuta, after application had been made
by Government for his liberatina.
Lord CASTLititEAGH had said some short time ago, that
Government had nude every interferenZe in their power, and he
had to Interns the House, that since that dine the person own,
dined bysthe Honourable Member had been liberated.
Mr. BROUGHAN: moved for vuious Papers, relative to the
Exchequer.—Ordered. • • .
Mr LUSHINGTON brought up Accounts from the kale.
quer by order of the Horse.—Laid on the table.
A person-from the Exchequer brought up various accounts et
`monks in the receipt of the• Exchequer.-1 aid tin the rade, sprg
ordered to be referred to the t ommittee of Ways 'anti Meslos.'•; •
.Mr. LUSHINGTON brought up the Reptirt of the, tioilanh..
tee Of Surpfy. The Resulutions were agieed to, and the Ittlie or-
, dered accordingly.
BUDGET. - .

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On the Motion of the CI;ANCELLOR of therkens.
QUER, the House then went into a C0n:1644 of
Ways and Means. -
The CHANCELLOR of the EXCHEZJE-r,,
thought that iu a question of such importance
Might easily be imagined that he had given h'S at-
tention to the subjects which it would embrace, so a:
to be enabled to lay before the House such it state-
ment for the sertices of the Country as was consistent
with the public funde -and such an arrangement (.t
the finances as would deem his sincere deire to d:4
every thing for toe purpose: of revenue that szili:,ht
be necessary and proper. He' came now proio:e
such an arrangement as might be thought neeeslay;
as °a duty, knowing that nothing could have bevu,
tarther from his thoughts than to have delayed iz
from any other reason, than that it was almost
postibk to make it complete in the middle cf t!:.
Session, and that it would be better to de iti it ti;
he should make it more at length, when be knew it
woad be called for. 'lie hoped it wool.f be stet:,
and he feWthat it would be 'acknotileilged, that bit.
thing had been done on his part towards the ,
that could prove injurious, except so far as was al).
,solutely required at him for the advAncenit 0: of
revenue. Me thought it now necessary to call t. 14

. ,~

,10.. b. .418 4•1/.41.6. •
let the hisoiheo.beuse, this gib day of Mirth, ists4 Noble Earl through the
(Sigast4 ITHJIW WOOD. Mayor. Wilds he had ranged.
Coons and CO. an 4001111/10111 dsU bf la mato of .to the management an
m Timis* tW Ei;bt, sod allot the went* a those
been totteregorry treeted.4;-Atkiee truth so*Tualdst, nuance• sbould come
asdereadar Mambo. Sod Twelve ebbs t. . -should be ready to defer
'wa fliaintatlabrlOWN b1e44141/411140*.isarlit. `t7l/I.ooVlTUtlitlit:* A'l
Grarkldriat WightJaMiir PaSsilis° itXMCdj and an inquiry
Has coasilassisa. ,

attuentioti of tholletlise to the various resolutions before
thel•adOsto Ofibera Wise out of a proposition from
the auk. Orr the 13th of June, 1781, a ploposK
don been laid before a Committee, y which a
renswal 9/ their-Chaster was
,stipulated for, and in
180D:a erctOotition Was received and laid be-
fore 0." Committee;' by which it was required that
their capital should booxtended. A farther aunt was
. at present required in Exchequer Bill', and there-
fore, frum.variouscossiderations, he thought it most
expedient to worm of the proposition, and take
from the Bank an advance of £3,000,000 at 3 per
eta. in consideration of a permission for the exten-
sion of their capital, and on the stipulation that
dining the contract Goivrn-rcpt should accept their
notes, and all payments made in them should be con-'
sidered as giWd. This was no more than a permis._
sion to the Bank to divide ‘3,1:01,00p of their own
money, and it was in his opinion, beyond aliquesdoos
the best and least exceptionable way of employing
the sum.' The only question on this was, whether
there was any thing which made this advance in the
least degree improper ? The augmentation of the
Bank's capital might he objected to, and this, as he
thought, was, he must say, a most unexceptionable
measure. Since the Charter had been given, by which
she capital was increased to 811,500,000 the paper
circulation had very materially increased; and it
might be thought proper that such an augmentation'
should be made in their capital as would become a
. 'emit), for the payment of their circulation. It was
necessary and p: oiler that the extent of their trans-
actions should be met by a proportionate extent of
capital. It was evidently both honourable and de-
sirable, that such an augmentation should take place,
and if it was desirable to make an increase, neither
• Government nor the House had any reason or any
right to object to the mode in which the Bank Pro-
prietors might think proper to employ it ; and if they
had a considerable sum of undivided profits; they
could not, he was sure, employ it in a more honour-
able way than-by an advance for public, purposes on
moderate securities. The only remaining part of the
question to be considered was, that the notes of the
Bank should be received by Governmeot as payment
in cash. The only objection that he could find to
that at present was, that minor collectors might pro-
cure cash as if it were absolutely required, and trans-
mit their collections to the Receivers-General in notes.
But this be believed might in part be avoided. For
many years previous to the Restrictions being laid on,
Government received the notes of the Bank, and the
practice, it was evident, would continue without it.
Every thing by the means he was advising, would be
done to avoid danger in case of a resumption of pay-
ments, for when that should take place, it was of the
greatest importance, he considered, that a great run
should be guarded against. Much advantage, there-
fore, it would be perceived, would result from this
measure to both parties, and very little inconvenience
to either. When there was such a variation of ex-
change as would make bullion above the Mint price,
there might arise the species of traffic he had men-
tioned, with petty collectors. Such a thing might
happen, but he was not aware that it would, though
they would find means to avoid it. In c.ise of a re-
sumption, he thought every thing that was necessary,
might be done to provide for such an event; in the
mean time Government had all the benefits of the
advance, arid he thought it would be as well if it
should be continued for the 16 years during the ex-
istence of the Charter which the Bank at present
.held. In case Government should thus lend assist-
-awe to the circulation, it followed that they might
easily revert to their former sitlation when they found
it necessary. The proposition was, he considered, as
free from objection as any that could be devised ; by
it a loan of three millions was procured with as little
RS possible pressure upon• the money-market. The
interest would be. about £60,000. To the Bank
there would be both convenience and security, besides
honour by the transaction; and however the profits i
of the Bank might increase, the Proprietors were
evidently legally entitled to them, and they would;
and ought always to be divided amongst them. He
stow came to the more general statement of the
nap ply' for the present year. The Right Honourable
Gentleman then detailed the Supply as follows:
Pier the* Atilitary Services 80,165,000
From which was to be deducted . 734,000
Which would leave 5,431,000
For Ireland, included in the above 3,600,000
Ayr the Storekeeper General 80,000
Which latter sum with other items, which were enu-
merated, amounted in the whole to li,lss,eoo
Making in Total 10,544,000
For the Navy 10,114,000
From which deduct the sum received hsr the sale of
Old Naval Stores 690,000
%Which would leave • - 9,434,0411
Tor Ordnance 1,843,000
From which subtracting what would be paid by
France, there would be left - - 1,696,000
want of time and from pressure of business he
had been unable to bate a detailed account of the
IL iscellaritons estimates made out ; but considering
that there were some considerable items, he should
reckon them altogether at R 2,500,000, or some sum
nearly similar. For the sake of argumeut, at resent
be proposed to assume that as the sum. The "debt
due to the East India Company, for expenses which
ebey bad incurred for Government, was £94.5,000.
'They had made an application for a repayment of
this sum as speedily as possible.- The greater part
of it bad been incurred in the very valmeble part of
die East Indies, known by the name of Dutch Colo.
pies. •-+ The debt due to that Company had been
C2,/00,000. Some little resumptions, however, bad
st different times been made Ivy them, and the UM
of 41,500,000 was what was due, he belieied, up to
lleastary last. To meet the exigencies a provision
istsd been made by last year's vote of credit, and it
sOold be seta that 4945,000 was nos the sum re-
quired by theCompatiy. It would be evident to the
lipase, if reference was made to' the accounts which
had been and would be presented, ia what manner
die Company. had been paid, or the debt incurred.—
The total amount of.tbe sums be bad detailed would
403,150,000. To this were to be, ed&l what
'were called the separate charges; which: he- should
accordingly proceed
_yo consider. There • 111114Srsts
the repayment of whit were called the Loyalty Five
per Cent. .Loans, to dee amount of se9799ooa—CAo'
Honourable Member on the other side meadow'
smother stun.]—The sum mentioned by the Ham.l,
Member was to be paid on the sth April, but
was a farther repaytneat to be made by October of
0211,080. There was iben to he provided 4807.000

} •.

•
' for debentures in Prime. The neat sum required
was one which tifspoitAtthe =coinage 90114 savOr
of the country: The say able explanation, which
would bosun& on this sebject by the Right Nom
Gentleman at the head of the department _which in.
eluded that Subject, would enter more fully upon it
than he could tic expected to do. He could only
state, that it was at prebent scarcely possible to find
data on which to, proceed in a calculation of the
expense which would be incurred by such a transac-
tion. It had long been a question is his mind, Whe=
ther the silver coinage belonged to the stock of the
United Kingdoms, or to Great Britain only ; but as
the coinage took place long before the Union, he was
convinced that it belonged to Great Britain only,
and it would be improper and unjust to call upon
Ireland to bear any part of the expense. He should
.propose £500,000, as it was not intended to recoin
any part of the current money except such as .als.
peared to have originally proceeded from the Royal
Mint, and the House would be well aware that that
part of the coinage which bore any stamp was, con`
partitively, very small. The next of the separate
charges was £1,.500,000, far Exchequer Bills, to the
Bank, anted by Parliament in February last. There
was then a sum of £2,260,000 for Exchequer Bills
outstanding and unprovided for, and for the interest
of Exchequer Bills. There was also part of a sum
due to the tank in 1800, the half of which had been
repaid, and the other half :Ince renewed. The total
of thew charges amounted to £5,284,000, which,
when added to the other sums enumerated, would
make 830,425,000, and taking off the Civil List
and a sum which Ireland provided, there would be
kit £27,279,295, the amount of that provided by
Ireland being £3,141,000. To meet these supplies,
be should propose the following Ways and-hleans.—
Tbe ordinary annual Taxes were not diminished,
and those he should reckon as no inconsiderable
portion. From the Consolidated Fund he had about
£1,000,000 to receive, and another sum, which,
however, he should reserve for future consideration.
In the Customs, it was for the Gentlemen opposi.e
to st.ew how far they would be diminished since the
last year; but the account he had to lay befote the
House of them, up to the sth of April last, was, he
believed, very satisfactory. The Customs, up to this
day, had been nearly £5,000,000. They were about
£4,998,000. To these were•to be added the War
'l': sex, which were to become permanent, about
A 3008,000. There were then--.

hs Stamps
The Post Waco

1E6029,000
7,600,400
Small Branches - - - 124,000
Pensions, Miscellaneous, ice. 46,000
Tontine Money - - 113,UC0
The Excise had been considered as war duties, but

bad lately been continued for five years. Last year
they produced £8,688,000: He therefore assumed
that they would produce this year 03,500,000. He
did not know why the same might not be expected
from them which they bad formerly produced, ex-
cept they were diminished by the allowance to brewers
before the sth of July, on account of the disconti-
nuance of the Malt Tax, though the Excise Board
bad informed him that they should be able to make
up their accounts by the end of the quarter. If that
should be the caw, he might expect that the amount
of the Excise would exceed what he bad stated. He
should next reckon the Bank advance of six million
pounds, and then the Lottery, which he believed
would raise about two hundred thousand pounds,.
He was not entirely certain of that sum, hot he
thought that something near it might be produced.
The amount a the moat satisfactory part of the
Ways and Means, in every respect, he alluded to
the surplus of grants nnapplied in 1815, was
45,663,000. A statement of these grants had been
laid before the House. The amount which remained
was.no less than ie11,120,000. It had not been
known how much there was a likelihood of having
over and ab9ve„ and how much wound be necessary

to the service to which they were in part applied---
and it might he recollected, that he had stated to the
House very c3utionsly, as i.e' could not well calcu-
late the sum that might remain, that it might be
three millions. Since that thric there grants bad been
examined, and dee result was, Oat on the first ap-
pearance there was a surplus of .411,120,ta0. From
this was to be substracted a sum for Treasury Bills
for army services unpaid £1,550,000. A considera-
ble suns was then to be taken off for the Commissa-
riat in Spain and Portugal in 1814 and 1815, the
total amount of which, with the other sum, would be
£4,602,000. Against that was to be set the money
remaining in the military chests, the balance of
which, on December 31, was £1,865,000. There
was also an arrear of £2,737,000, and there was to
be substracted another sum of £1,720,000. There
teas a reduction of Some considerable part of the
Navy io January last, which left a sum of three mil-
lion six hundred thousand pounds. On the whole,
there was a sum of upwards of five millions to be
substracted, which left the sum of £5,663,000, which
he had already stated. The next subject with which,
he would shortly trouble the House was, the Un-
claimed Dividends. The House might remember
some "conversation that had taken place on this sub-
ject some time before Easter, when he stated, that he
would make some new arrangement. In consequence
la his having well considered the subject,. he had
come to the determination of submitting a Resoluticei
for 301 thousand pounds from that fund. 'That was
not all he should draw from that source, though he
should not trespass longer on the patience of the
House at present, than to say a few words on the,
subject. Mr. Pitt and Mr. Perceval bad Very thins
taken notions on these dividends. No regular view
had been taken of the amount of this fund- They
took it to have a certain fixed limit, so that however
the amount of the balances were augmented, there
would be no increase in the advantage to be obtained.
It appeased to him, that the Bank were in a double'
capacity and performed a double duty with respect:,
:to these dividends. They might be considered as:
agents, who. had in their hands money for which they
were answerable, but they did not seem to have any
right lb keep in their possession money never likely to
be thime4 which was an a mintner !med. It seemed
to him, therefore, proper, that whatever money re-
mained id the hands of the Bank under the head of
Unclaimed Dividends, should be, alter a certain pe-
riod, put into the hands of the Commissioners for the
reduction of the National Debt. Pursuing this plan,
he intended to make such regulations. that all stock
an which, no • claim Monist be made for ten years,
ibeild be placed in tbe bands of tt a Co"-

hers. Tlverp Vey other balances, ;however, nu-
Slaimed, oT which be might for a' Av. ort time avail
lam*. There were some grand nncafled for in the
Exchequer—of these he should only take at present
About 140 ttionsand phundx—the only remaining item
to be considered was' that of 5ir2,500,00Q. For that
sum he should Issue- Exehetper Nils: The total
amount of these ways and means, including the loan
of siz millions, the Bank advance of four
.and one million to make good debentures, would be
thirteeen millions. It might be expected that he
should give some explanation of his method of making
up for the chasm which the decision of the House
left in his calculations with respect to the Property
Tax. - The £2,500,000 Exchequer Bills would not
hive been proposed if that measure had been carried.
The unapplied grant's; it might be recollected, had
only been stated at three millions, but he had since
found that there were remaining upwards of five mil-
lions and a half—this made eight millions, and it
would be seen that he had made such arrangements
as to have every thing regulated as well as if the tax
had never been overthrown, though his plans might
not be so finally beneficial or so little injurious as the
Property Tax. The whole of the debt, then, for the
present year was eleven millions and a half. The
Sinking Fund, up to February last, was R 11,130,000,
and at the present time it might be estimated at eleven
millions and a half. The amount' of the debt to be
paid by Great Britain this year. including Exchequer
Bills, was three millions. Ireland was this year to
'raise one million seven hundred thousand pounds by
Exchequer Bills, and one million two hundred thou-
sand pounds more out of her Sinking Fund. There
was, upon the whole, a reduction of the debt of the
United Kingdom this year to tl,e amount of nearly
three millions. This was the first that occurred for
a long period, of any reduction of debt during the first
year atter the conclusion of a war. He saw nothing,
then, in the present state of the country that would
give rise to gloomy apprehensions ; on the contrary,
there was every reason to hope for better prospects,
and for a state of flourishing commerce and financial
prosperity. He had now stated all the points which
he conceived necessary for the information of the
House, and should be ready to satisfy any Gentleman
who should require farthet information—(lle2e,hear.)
—He should now point out the means by which the
charges upon the Loans were to be provided for. On
the first advance made by the Bank, there would be
a charge of three hundred thousand-pounds. On the
second advance ninety thousand pounds. To cover
these, the new Tax on Soap would produce two hun-
dred thousand pounds; the duties on the importation
of Butter and Chafe would amount to about fifty
thousand pounds • and in order to make up the re-
mainder. he should propose to lower the drawback on
the exportation cf Sugar. The Right Honourable
Gentleman then concluded with moving his first Re-
solution, which was, if. That the propmition lately
made from the Bank of England to the Government
be aps)roved of."
Mr. PONSONBY said, he should withhold the
cbscrvatiots he had to make, until he had heard the
statements of the Chancellor of the Exchequer for
Ireland.

Mr. V. FITZGER ALD then rose to bring for.
ward the Ways and Means for Irelat.d. lie said,
the whole of the Supply requited for th it country was
A 10,251000. The first article he should mention
among the Ways and reins for making grod this
sum was the surplus of theConvilidated fund, which
amounted to £991,575. This sum, with the perma-
nent Taxes, amounting to upwards of six misli-ni,
and other sources which be should mention, *vol.!
produce £10,245,193. He had great hopes that
during the present year there would be a considerable
increase of the revenue, because au unusual degree of
suictness was hereafter intended to be observed in the
collection of the Taxes, and because great expecta-
tions were formed that the practice of illicit distilla-
tion would be considerably checked. Great expecta-
tions were also formed that the, revenue arising from
the Customs would experience a large increase ; anti
during the last quarter the produce of every branch
of the revenue was much greater thansit had been in'
corresponding quarters. Another of the Ways and
Means to make good the Supply fur this year would
be an issue of Treasury Bills to the amount of
£1,700,000. He did not mean to propose any new
Tates ; but in older to make good the farther sums '
that would be necessary for the supply of the year,
he should propose to cancel a certain portion of the
stock that had been bought up, and was now held by
the Commissioners for Liquidating the National
Debt in Ireland. The quantity of Stock now in the
bands of the Commissioners was 87,892,000. So
much therefore would be cancelled as produced a di.
vidend equal to 81,200,000, the sum required to
make good the supply. There would be no Loan or
new Taxes. Indeed the state of the finances in Ire-
land was such as rendered it inconvenient to liy on
new Taxes, and made it indispensable to anticipate
those resources which had been made applicable to
the payment of the public debt. The same practice
bad been observed for the last three years in Eng-
' land, where a great quantity of the purchased smelt•
had been cancelled. This was the only juititication
be could make for this step, and the whole of the ca.
pital cancelled was little more than five millions—
whereas in Great &Wan a sum of two hundred and
eighty millions of capital had been cancelled in the
course of three years, and thus taken out of the moans
for discharging the debt. In the present stated Ire.
land this was unavoidable. He then concluded with
mooing his first Resolution.
Mr. PONSONBY said lie now rose merely to cone
gratulate the majority of that House on the abolition
of the Income Tax; became it now appeared, from
the statement of the Finance Minister, that none of
the distress which had been so foully predicted in
case that tax did not take place. was now to be funndo
The House now had the testimony of the Chancellor
of the Exchequer in favour of the opposition an sun
Ceapily made to the Income Tax. there was ano-
ther subject for congratulation : the Opposition side
of the House had been accused of attempting to
strike at the stability of the Bank of England : now,
however, it appeared that this Company, 'which had
been reduced to a state of trepidation foe its credit
and character, was now able toadvance a sum of nine
millions to the Public, and waseleo able to add to its
capital its credit and went ides. This was an additional
source of satisfaciao, and proved the sohtrity Of our
reaourcen, poyided 6e7 wog well managed. Is Dow
spread Mg 1301 pot Nesied.aana in a awl

havlog
of the
.bolievt
done
Right
Cheqll
einbin
Vie r
ac 4
year I
WO •

Itv.t.eTh
eot
ohNAtrhgairnii
bargain
b itt
lei
ell
jrn.
pliferable to what it. W3s when Opposition
i.A;
md4ll)aei:
able
Hoe
Gr
024.
eut tnsaAet ci:kvt
ns,
HolautiAnr:;":1:1) Leave
Baelk It had r;;;:k
,was Itt p iwer to have ro,,S
much better bargain when it was cn.,,„deteiztto
great advantage the Bank trrii.t derive tr,,;,) alit
tension of its capital. He certilala "!7e
the 3 per cent. interest, for YR 110 advaira:"t
be._ on the side of the Bank, which, would
powerof making all its advances in paper.
Mr. BARING thought the arrant,Tment
Rl'
with the Bank was the must suitable to all p 4
that could have been made. With respect to the
croachment made on the Sinking Fund al /ref
ayas different from that wi!icli had been pr iirL;
made in England, and the Chancellor f etr
stiieoefxdpelenszcash.t.l:'
r, the
crier for England was far from giving a satio,, ;••
statement respecting, the Ways and Hear;
year, for they did not arise out ,3f permanent te,-.T
Nine millions were taken from other swot: u
permanent revenue ; next year it [night be seta is
dtoucperdo v; i daenadn
couldequal
the Chancellor
i l nies
be certain that our taxes would be equally pa)auct,4
next year as they were at present ? He undeoz.
off t
that there was a fallinglll, anit;
might be a greater falling off next year. He did
r,;;
think the Right Hon. Gentleman had any cause thL
to exult in the financial slate of the country, fort!
was to he expected that there would have been
much larger surplus remaining out of thelatge
of the last year, when it was considered how skii;
the war had been put an end to last year.
The CHANCELLOR of the EXCHEQUEL
said, that the Honourable Bank Director had tea
founded the Estimates of the present year with;
permanent Peace Establishment, which no one cuslj
suppose was to be equal to the expenses of the fir:
year after the termination of war. It should be
collected, that besides other charges, the Goverame
had last year paid off in less than twenty minims
Excheqner Bills.
Mr. BARING explained, and said he only ailed!
to the amount of revenue, of which there was I
expectation of an increase. He understood that t:
silver from which the new coinage was Cu be mad
had been bought by Government at a great expeia
He understood a loss of Thirty per Ceuta would
,incurred.
Mr. TIERNEY said, the Right Hon. Gentlew
had stated, that this was about the fiftieth time
had mentioned that this was not the Peace Establit:
mcnt ; but it was also about the fiftieth time that.
had asked, what is the Peace EstaLlislarent?
firmly believed that the Right Hon. Gentleman
his colleagues had no interrion of b7ingiag down!,
peace establishment below 22 million pounds a.yet
The observations of his lionouri,ble Friend desert!!
the most serious consideration, and he was stirptii!:
that the R ght Hon. Gentleman should vat ere
tell them that this was a mere temporary surp!7.
In making that statement he was wiltalfy deco T':
the public, as he must know that t:-:cie were 14 th
lions and a half that could not arise agitio. He lid
icantrived to scrape tip all the odds and ends, tccha
the unclaimed dividends and other items cf a simile
loature ; hut it could not be concealed, that the prt,
meet of die country was mast frightful and alanniq
The Hight Hen. Gentleman, however, had ttid they
that they were in a rn:;•.t tiolrishing state; bin le
seas sine that the. Co Fatt4 would 'tun pre
duce any thin;! Ilke what was calculated far the pra
sent year. Did the. Chancellor 0: the Exchever
mean to state seriously and 'iobet.iy, that the War
Duties could be raised from year to year ? Thereat
fact was, that the revenue had been decitningoad
was at issue with she Right lion. Gentleman on that
point. The statement which he had given in, up ta
the sth of April, 1816, included a WASS of tarsier.
posed in 1815, and which ought to be exclutiesl.
The amount of the Consolidated Fund in 1815 ate
£35,734,000; in 1806 it t% as 4:39,4:19,000.
was an apparent increase, but arose from certain nee
tuxes, such as the stamps and the Post-office, alike
f armed a total af ,e 900,000. To this, however, nisi;
be added the amount nI the stamp duties, ending +;
OW sth r f April last, of which r.i account had bt
yet laid before the House. With respect to, the a t
ditties, on the sth of April, 1815, they amaiinied
419,939,000; on the sth of April last, they wee
it 9,491,000. This, he repeated, was an aprvirent al•
crease; but the total fallingaaff of the revenue in tie
last year amounted to no less a sum than .-1,31•8,01
Now, the Right Honourable Gentleman milli soy
what he pleased as to • the flourishing state of ear
finances ; but he (Mr. Tierney) possessed minima
sense on the subject, and he was certain that the re.
venue could not be kept utg. The war duties were
never designed to he continued in peace, and it W3t
delusion on the country to he saying, you have sna
a state of revenue that you CM .ovail yourselves ht
surplus of the Consolidated ['IPA amvunsing 1.1
.0.1.000,000. The Excise was tailing to a vny
'considerable -amount, and would continue to Lui
much lower. Could any body believe, when the
landed proprietor received no mats, and the merchuht
was unable to find a market for his goods, that tie
.revenue could go on ? The last war had been ctll.:1
a war of commercial adv.tutage ; but the
peace was the arrival of a moment of alai m. lie woo
surprised to Lear the Chancellor of the Exchequer (41
on them to v.)te that the country was in a fl.utri,hi,.;
state,aod that there wai nothing to make tlwm Javal.
When the Right Hollow ahle Gmttlernan said that tt:
ought not to despond, he agreed wisp him an the
neral principle; but it was impossible to 1, ok at the
situation of our affairs, and nqt feel the utmost
anxiety and alarm. The Right Honourable :;enikt
'man asked the House to rely on his wisdom to (ITC"
feet them against future difficulties; hut he did iat
believe that the Right Honourable Gentleman could
go through the next year. He had told them oat
he had borrowed nine millions of the Bank; but there
was so much hem twat in his statement, that the/
'Did he mean to say that his Honourable Frani was
could hardly tell what he had borrowed (Mar, guar.)
Wm% in stating, that not more than nine
could be applied to the public service next year ?
net this an alarming prospea for the country ? Was
'it not a melancholy consideration, teat is a titne of
peace se were to go on from year to ear without
decreasing our debt J He did not profess to hare ail
reti;edy foe this evil; but what he said *as, that the
!UNIX of Catagiolu bid slot dons its duty, by oaf

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