Star.
London, England, 1828-06-20 00:00:00

.•-• • •••••,-3,:i .1 "3 2. •
4' 00. ••• • •

•v, •
.

hub arsisinimill=. nes a r t Inirane of I_kblibtrolon.
.11=dthe *lame.
27.1.011* VE &Mi.' Vault objectienahle. Ao long
se operations misted wp 11104141 Wry to support theirsiehmand
irlirgigiiPTOlfoppote4.the slam. He thoseht there Met.
bielr-no merrosade soot against Amami Magistrates.. and plea
it coeld be Assets that they bad hitherto. abused the formers'
latrustred ter shun. he thought no ellactudk should- be ditowil
VAS lbWit. -
y 1: MOStif seppronsiebe chile.
0. BANKS 3 .was decidedly opposed to the clause, and
therefore would want to the Hon. Member for Oxford the ex.
Whitey of reducing the sunder of blaghtrates from eta id four.
Mr. C, WOOD explained.
lord SAN DON was opposed to the chose.
Camedttee dim %lidded— •
Arts . . 44
Noes • • . • ss
Majority spinet the clause •
„, •
legual annemiments, verbal sad othervehe. were then agreed
to. emoopt which was the omission of the woids 1- Cinque Porte,".
thus etebsdieg- that doss cif paces from the eperatiot of die fill.
Oa the clause being proposed relative to she hours during which.
pobik4sepes should be kept epee us Sundays,
.111r.ESTCOUST said► the original thaw wars to the effect that
public louses should be closed during the hours of morningetter not
and.
afttrnoon's divine setvice4 but be thesigln•it wouldbeb
topeasit publicaucto allow Arial,' or tippilog rso their premises
dip akeribs usual house( the coodueleo of morn* service (one
ethnic)._ , • , •
Xemben partici-
•Aftw-a tonvenation..is Which several Hoe.
pated. tins dams was wreettw •
olloweralabeemionstolhavilig bondwoman ma mooed to, the
Home renundlisbe Repose was hemstiat ay. oodoiod to An taken
inseiteesbeeesiddeentieseakilwidermat. and ?dna&
• - ••• linesimer taws;
.111r.Terid01160111.-monal-the arnasod reading of the Usury
Loma Wass'ltl._
. Mi. DIVIMMKT slid he attuld oppose the Bin,
ns'ise considered it to bts'higidy itojniiou* teeth to;thel
Laded and cantrueseial interests. ilretkitheit when
they:how esoicgaged-theit propettyi knew that as long
as they paid their five per cent. limited interest they
were all sate: hut if this Bill. were passed there would
be no enJ to thveitortinis practised upon them. There
del* how.thanY nietchaitts who had risen to ologeoti
twin nothing but upon borrowed mimes, for which
tbey paid no mote -than five per cent. U--money bad
is their days been made n merchandise, as it was now
prospoted.to be made, these meschams 41stild never
hare attained the situation they at pretest filled. This
plan of making money iserchendite wet tried in France
by the National Conventiou. in 1793. but the-extortion
became so general and so great, that the, very same
National. Assembly wee obliged to- revoltethiS.decree
within 23 days. The Hon. Member moved an amend•
meat, that the Bill be read a second time that day three
Months.
The ganders on the Ansechnent having been pit, • -
Mr. R. IRVING, ire supportongthe BilLespressed his
regret that his Majesty's Government had out brought
'thyroid some specific measure on this important subject.
Ile was anxious to confine the operations of the Bill to
simple contracts. and to leave the laws referring to teal
estates as they now stood.
The CHANCELLOR of the EXCHEQUER tot
gested the psopri. ty of 'postponing this 801 l until the
next Session ot Parliament. He made this suggestion
from no unfriendly feeling towards the Bill, but merely
because this was' not, he conceived, the most convenient
time to consider it. The subject ought ;o be fully con•
sidered, with a view to get. rid ot evils that existed,
without interfering with long continued prejudices. It
the discussion were postponed, he would give the subject
the best attention in his power—(Hear).
Mt. HEATHCOTE approved of the suggestion of
the Right Hon. Gentleman, and wished the discussion
ontbequestion to be postponed till the next Session of
• ,
Parliament.
W. G. PHILLIPS said. if the Right Hon. -Gentle-
man would pledge himself. or the Government, to bring
foe gird some sash measure as that now before the
Reuse, he (felr.ThiUips) would give his vote for stn ad.
joiteinliana at the resent moment, but if no such pledge
were given, he should recommend the Hon. Member
for phew to persevere in his--course. If landed pro-
prietors iterired that monied men should receive only
5 yet •toPt moot for advance' be thought it would be
but eqsitabirs St them to declaCe that they would never
erotism- He amid nut -Set why landed proprietoss
shwa eejay advantages denied to the possessors of
Frowsty of a. different nature; .why s man should re-
c its lirge than d par cent. On lansidn the
stlltcof trust. and ;OW it to tho proprietor of money
in-the-forns of interest? He was quite convinced that
the -proposed measure would be productive of great
bessetttihe reducing ill things ter a
ilr. IL DOUGLAS said sought to be recolletted.
thwart-tar back as the year ISIS a Cement/is of that ,
noose 'hod recommeodell a measure os. the subject
under diveavtioe. which went even Suit* glad that
wow before the Hasse; still ire 'crituld'irOblnit to the
ThanoUrabie Member for Dover. whether •lirmild not
be better to act on the suggestion at the Right Himont.
-able Gentleman (the Chancellor of the 431,ciletitter)—
namely. to withdraw the Bill for the priest, in tre
hope that the Right Honourable Gentle/pan. having
given the subject his consideration in the Uncivil, would
us the nest Session ot Parliament feel. it his duty to
tieing in a Bill with a' similar object... lie thought,
considering the s viatica in which the qiiancaiwot the
Exchequer was at present places it *lnt *IA Unreason-
Ale to segues! the Honootlble 'Atm* fin-Paver not
to ems* his question this year—(ltea; r
the second reading, the fait ter proceedings oil the Bill
might be postponed to next Session of Parliament. -
Mr. SIMPER rose to oppose. the 1141,- although
WAS convinced, from_it lohg and intimatelusowkdge of
the gelation of the Unity- LXID that not could be
*tore *wiser to the comnitte4l body thsulieir exis-
tence. It was VOMIT tree that, by etasions of those
laws, iandayreprietors securea otriendees consideribly
11)0144 than the legal interest ; inditOrolo sole lustencet„
sotigh Its tedittini Qr fifteen per the
loan of Mond? by way of annuity. 'Another Objeltion
to the "tiding law* was, that persons iiosentl), Oth.
oth say blame *as attlibotable co .taiyprotoblbiiil
Lee twist lb netociriog loans, bebittne unto4:-
tionoßy liable to the penahicsof atrsnry. White,
onff.to ddpretated thositavesi. he felt *mod to' Wait
that they were beurfitial in some portiere t 4
leadbd Ittieresus4Hear)—{'Hear) Which re jinn hi was *-
lowed to the proposed thetatien of • ily• the Bill
bey House; bnt his' it was '1011Sci•
becang it did for reconnriebt stepedl oar tin.
dificetion, but an evasionsOf the misting laws—(Heat).
ttol3ilksOV rpposted tire Bill. Honoutable
itemisers hid op epfed it,. MI the ground that it %would
be itijeriens tot landifinterests, but he was quite
convinced thacfil:hdrekl i s of undoubted pro-
ref :Would seta e our any difficulty in obtain-
. ilmsl (Prin.!? .ve per cent. even • were Vie
se the Usury Levis septaled. The trading-classes
"odd be.notit aiketod, and he thought beneficially
jaketi.% by qe repeal of those laws. For he saw no,
efspean' why (Milities should not be afforded teens to
.eade aref loam, of which, for the purposes of their
hosinerseedtbr slight, staid in heed, without being un-
der the filltasaity of evading. the it*. He . would,
•firtiftbariteasisittlecomattuding tie his Honourable

•~

• •
Fr. as uo t;
ractioalsbarflt *O k toil-result
ael fra raookree o;
s.
his Bill at presen popArak Vote lat
LISLIBIOSUK sold, it would
thoreply of the Honourable Member for Doveei .
ap_peal.that had been made to him, whether or.
(Mr. Foster) shouldectupy the attention of the :finite-,
!bra:single moment. •
Mr. P. THOMSON' Celt it necessary that he should
learn the sentiments of a Noble Lord. and 'mend Hon.'
Members, who had evinced a disposition to addremthe
Howe, before he made up his mind either to press or
postpone the .Bill.
Mr. L. FOSTER thought that, betweetitheiotal re.
Teal, or the continued existence of the Usury Laws.'in
their present shape, st'middle tonne might be steered.,
Of the Bid before the Route he thuught that,ssiglor the,
guise of a simple enactment, it covered' one of•the
greatest illusions ever held lilt to Parriantent er thO
country, foi he was convinced that• it itetwild effect as,
ciimple e and as practical' a repeal of the 'thoty Laws
as could he proposed. It became necesseey, therefore.
to consider the prob ble • opeiation of that l'eneal upon
All the great interests 44. the
.c.itintry. The Bill /night,
give relief to few, but uould bring injury to' matiY.--
Mr. Piescett had said in his 'etidence, that not mine
than one-fourth of the landed prnperty of England was'
, mortgaged ; then, taking the value of the entite property
to land to be 800,000,0001. no more thin 200,000,0001
was mortgaged. This Bill then, by giehig relief td the
ptoprittois of 1300,C00 0001, woold go lb *injure the
holders.of t 00,000,0001: The Bill wOUldi. It passed into
an Act; be I greeiance to the landed it Mat, as the
creditors would then call in their money it they could
not get more than five per cent. .The evil 'would be
considerable in England, but much more so ittiteltreali
white title" were less,eleor and incombrances
He would be glad to give
.his attention to the; tobject.
hut could.not content to sacrifice the interest it tbie
Country gentlitinen to that of the annuitants.
Lord .PALMERSTON thought the. House indebted
to pe I.(onnur*ble Memberl4.Dover let bringing in
the Bill...,plobody now held these lowa useful or effec-
tive; they were passed in ancient times; when the Le-
giolatnie interfered in every. minute affair, such. as the
regulation If wages. The Parliiment ought to. leave
the 'subjects to regulate the value of money .as of other
-commercial articles as they pleased, according c; their
Own opinion of their interest. The alteration .of the
law. he did out think likely to be injurious to the lantilid.
interest. for that interest was not prevented even now
1y ir, from giving more than five per cent. for moo,
beriovied. . It might be possible to form a Bill etter
thin tr at of the Honourable Member ; bet his Bill was
better than the present iaw, and as such he shoold.e.sits:,
for it. • •
Mr. D. W. HARVEt would. not trouble thi Omni'
at length on the subject, but he thought it possibtle ftsr
a person opposed to restrictions on the rate of intent
yet to oppose-thir Bill. It was a strange feature ;of the,
discussion on it that its &distrait* argued to show all,
the advantages it woald cooler on ..its opponemil-Abe
Goaded interest. It was n' t correct,that, in die-the,
Bill should pass, the landed proprietors., would be,
obliged to give a higher rate of interests on ortgages,
.for it was known that much money was lett by wills,
and deeds of trust,.to be laid °atilt mortgages on land.
`there were few simple estates charged with annuities.
Any real proprietor of land in perpetuity could ea ily
ytet five per cent. on a mortgage by producing his titles,
but it was on property mortgaged already to the
amount of 75 per cent. that it was difficult to raise
money on the legal rate; nor was it w4ndarfill that the
proprietor of an e t.te, three-toutths -of which ,wera
mortgaged. should.hod it difficult, and be obliged to
resort to annuities. The compulsory clause in die Bill
made it inoperative—tor, a man borrowing on doubt-
ful property or personal security at the rate of tea
per cent. was obliged to insure hislife, and Intermit
this custom and annuities the real amount paid was little.
more than sit per cent. As to the security of the law on'
annuity creditors, the Jury, if allowed .to decide on the
law and the fact, according to the circum.tances of the
ewe, would be enabled. to =keg ate very much the .teee-
rity of the pewit laws Infect, t tilt was a cant BM for
legalizing usury. He would' rot allow Money to be
'Alt with another articles r f commerce. Tbehlause
of the Bill that allowed the lender to get as much io-
, tesest as be toutd Wis. and as the bortower would'
eo., was nothing le.. than vmptation to fraud by
paners in trade. It exonerated the panniers of a Mani
ding
money at m ,re thin fire per.. cent., ham ,
onwanwetices of the.act. A paitaer nay lend 40.000 f.,
bills it twenty per cent." and renew the bike whets',
titer they became dire, and so gia on recpving twenty
nen cent. interest. Then it the bank shonhi break to
consequence of debts contracted by the.e tiansactions,
that partner would not be liable to the debts of ihe firm.
For these and other reasons he should oppo.e t ie Bill.
Mr. BRIGHT was opposed to the Bill. Money wits
not to be treated as other articles of commerce... It a
man wanted any other commodity he might get. openly
into the market for it ; if he wanted any money he was
induced not in expose his wants, but went peaceably tr
work. and w4s.expihed, by the urgency of distress, to
,the fraudulent impositions of the moneylender. Ab.
,stract rhitosoptil fell short of such piactical.ca4s. He
*mild wish to see the penalties released, but would still
insist on a Bill for regulating the terms on a "honey
waste/ be lmat.. The present Dill stfutded,itacilitiet cu
.money lenders, and ti.ok away piotection ttoenithe bar-
towers. Theetithniity.of Mr. Rothsaild, who was no
landed proptiato4 'lowed, in the Reportatthe
deuce, that if tbirT.uty Laws were repealed the Mosley
lenders would tate edvantage ot the landed interest. •
Mr. P. THWRION lei:lied, and said, thahnotwith-
stending what had fallen from thy Hon. Memher, he
wdald still 'nese his Bill to a second reading ; but in
*event of its being read a seconatime,lii would con-
Zeit talet withdrawal. in t howeier, and 'upon
kle:4oer t ,ntling. Vitt would consider the
*lOlO of Ms-Bill, and. otisiniiti *woe measure early in
got , • • t
.1114,11441 is alwa • d IltesNetatue e
ropi,

that Wit chinste must take place in the pre-
sent agent ury Laws; but ahnooph he admitted
ibis, be was disposed to draw a wide'distinction as to
the loodi i which they should be made t,i .affect some,
classes of the, community, and the inf.de in which they
wontd probably operate upon others. At the same.tinie,
he thought that it would be adiantageous tosthe people
at large if the Usury Laws were inetely.modified a•ad
nut completely changed. klebadauended closely to the
arguments brought forward by Mon. Members doting
the debate, and he must certainly say that be had heard
nothing urged which could induce him to alter his opt.
Dion's. As far as commerce was concerned; he thought
a modification. of tlose Taws ,would be attended With
most beneficial :mats. I,t would be most useful-to tepevi
'the heavy penalty. which they inflict. But, while Ise
admitted all this, he begged to be understi.od as giving
no pledge either on bit own part or on that of his Ma-
jesty's, (sovernment. A.mea►ite such :ss this should be
regarded only as founded upon expeLitepcy, and it
should be considered that the same coarse which was
now convenient angh; be inconvenient nest Session.—

Mader, he wapiti again tai, th*c he llegg-
considered** giving no esi4 Pledgees the Hon. blem.
ettesiftei to infer upon the part of. his Mitiest7's
~sdGoverearient broad the speech of his Right :Hon. Friend.
TM Gallery was then cleared, and the Mew divided, when
Ahem appeared fur the second reading.
sit
Ayes • • • .
t Noes • • . 40
Ilitsjsrity in favour of the second reading —.411
VoTalse nitoistiATion BILL.
Lord NUGEN'I' snowed the second reading of tbei
Voters! ltegistration Bill. and said that his object in car.
Tying it through the present stage oils, that the Bill
might be committed pa forme, for the purpose dime.:
ins eel t9in amendments introduced into it. It would,
then be printed with its amendmentst in order that the
House and the country might have the opportunity ell
considering its details between this arid the next Sessiois
of Pariiemer.t.
Sir It. WILSON moved as an amendment, that the,Bill nalghti
pee read a second time that day ids months.
• Mr. H. GU It Nh Y seconded the amendment.
Mr.
P.'THOMSON recommended the Noble Lord to wish:
draw the Bill until next Session.
• Mr. Hastnouve, Colonel Sternospe, Colonel Daum, and Mr.
G. Lassa, opposed the Bill. . .
Nt. LEN N ARO supported the Bill.
'told NUGENT, in accordance with the general wish of the
House, consented not to press the Bill during this Session.
' -The questions. was then put on the amendment, which was.
agreed en, and the Bill oaf ordered to be read a second time this
day. si e months.
saenon TISHILMIES TRINRIMATIIII4
On the motion et the CH A NCKILOH tlw F.XCIIRQUER
the House resolved itself into a Committee oo the Salmon FL:aerial
Pmeereation Bill. .
Mc. FlittG USON proposed the ineertionof a clause, exempt.irg
trion'the operation of the Bill the salmon fidieries In the River and'
My of Thurso, in the county of Caithness, which are the eulogy*.
.property of-Sir John Sinclair. ,
After some conversation the gallery was &tam'. and the Cons.
nutter divided. when the.clause was ktg•
The Bill having passed through the COMinittee, the Report was
ordered to be received this day.
The other Orders were then disposed of, send the House *4.
joarned at LiaLimrare Two o'CLoca.

to 1

'll-16 EVENING &MAK.

-LON 1)ON .

FRIDAY, JUNE 20, 1828.

. .--
STOCK EXCHANGE., TWELVE OCLOt K.
We bays several arrivals tbls morning. viz. hie Majesty's WE
Tyriati, from Vera Craz, left the 30th of April, and the Ha.
'annals 14th. of May—she has on • board about three hundred
thousand dollars tor Merchants accounts but not one for the Go.
'eminent ; also two Lisbon Mails, and a Leeward Island Mail ;
bat the Letters by the Leeward Island* Mail are net yet received.
Thogloolny state of affairs in Portugal has caused a fall of two
ter cent. in Portuguese Stock this morning. The Coosa market
has also esperiesee4 a decline, sas Casuals left off yesterday -
11111 Lerma ea Mil, and base since receded to 914 to * for this
Arsatest, with bide doing at present. • • .
- . CITY, HALF-PAST ONE &CLOCK;
- esseoleleve bees fluctuating during the awning hawses
and 114 tee hs Accosts, and at present may be quoted. at ash. • •
1 An Reprisals** arrived from Paris,with theptices of the Ren=
at the 11th--Five per orsts. 104 f. 45c. Three per cents. 70f. 55e.
kb reported, in a private letter front Lisbon • this meriting, that
tm action has takes place sear Letida: the. Royalists were cm.
tressehed to a Convent, beaded by a number•of Priests, which was
tenth toy soils. and the Coosdtatioualists put every Priest to
dihsword. .
;*. num OP STOCKS AT TWO croLoca. ..
Salk Sends ate ._ teals Bonds
$ per CM. Red. 674 1 ji Smith Sea Stock
.per Cr. Cons. Shut Old Annikivslni
5
Se per Cent. IS • iittO Ei b 0 cheq. inns 64
$1 per Cern. Ited.96 4, MOO Ditto 65 6
4 per Ct. New, Shut 411110 and 42200 Ditto 63 7
4 per Cent. 1/116, 100 4 Advertieed -
Lao, Arm. 194 11.16 Bank for Acct.
-ladle Stock Consols for Acct. Site 1 II
FONRII)14 FIINDX. TWO trui.ips X.
linutillan !Ma Spec. 64 S. Greek 80nti.,1625. 5p CUT*
• Do Amt. 631 4 34 i Mez.Bds,lB2s,6pCt SS* 5 9 tlk
Roma Ayes, 110..6p C. 45 Do. Ace. IS* 74 94 111 9 S *,
lOW= Bond,. 0 per Ct. 274 Pones. Bds. 5pC. 594 i I
rt '.O Nato ISon.i.. 6 per CL, DoAcet 594 960 391 4 4
Dn. Bonds, i Rt 4.241 Russ:llds.lll94.s per Ct. SIS Ii
; Do. Aect.24* 44 * I Do. At, t. 911
Ihstirls IQ% I pa. OS 1 Spanish Ns 5p Ct. 101
pRITISH AND 'UREIC, re SHA lin, TWO O'CLOCK.
snake. Mo.
Redcoat 25
alto all
35
20
1
MIMI trove ' 50 45
UMW Alezices 40 7.4 .
Akestralian 100 16
Ton Dimes:a. Lauds Asec. 100 64
Piloted= worse receivid this'morning at the Foreign
Office Isom Sir F. LAWS, our Ambassador at Lisbon.
The di-patches are dated tbe 9th instant, at which time
,
Don a‘lsoues.. remained at Lisbon, and affAirs c(mtinued
much M. the same state as they have been for some.
w ens past. . .
Dispatches wete also received this morning St 410,
Foreign DSc*, from our Ambassador at Vienna. dated the 13th inst;
The latest &deices received in that city from the Russian anti), i
/ investing &allow, rt:poils that that fortress had not surrendered.
is - ' • • .
affOrded.

73
101
111
47}
Si

The late motion of General GASCOTNI has
another opporunity for the vindication of the policy
adopted by Government towards the Shipping Interest:
Not that any necessity existed for such a vindication'
•
from any circumstances that have occurred since tho,
celebrated speech of Mcd Hum, ssou last year, btts
the
declaration of. the firm adherence of the authorities-A

the- reciprocity stamp is cairJalated to give
to the commercial world.. The alleged
1,400 ships in the. aagister books of 1827, compared.
frith those of 18286 imesplainad by a enteappenikitO
the Returns, to be owing to the change of .method
introduced by the new Registry Act. This crite-
rion, however, is perfectly fallacious as an index of
the activity and employment of our commercial marine..
The true test is the number of ships entered at the Cos-
tom Houses on trading voyages ; and by reference to
this document it appears, that the tonnage of British
,yipping entered within the United Kingdom in 1825,
amounted to 2,143,000;. in 1826; to 1,920,0001- and
in 1827, to two millions eighty-six thousand. Here its
manifest increase over 1826—the year 1825 being
lowed on all sides to be au uprecedeated one. ..tif
we look to the number of British seamen ertiployed, the
increase is still greater ; ere Returns being, fbr• 1825,
162,614.; for 1826, 151,327 ; and for 1827,-.165,548
men. For particulars of the Outward and. Coastwise
Tonnage. and of the Baltic Trade, we need only refer
'to the Returns quoted in Mr.thtariffi'speech.. • ."
We do not see much season for the mirth which Mi.
COUUTENAY'S expressions have caused to some of our
Contemporaries. It surely can be no Iround for find-
ing rault,.that the new. President and fits-President of
the Board IA Trade should declare their de erminiticm
.to investigate strictly she ptiaciples and effects of.•the
caistiug NuvigAtiouLa* so lidd atOUlO, in the lic.itairne,