The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1843-02-21 00:00:00

It would

sound and substantial bas

facility afforded for c

produce

country o

had to contend with the barrier's reared uVagainSt our Pro-
ductions in all the countries which formerly dealt with us.
(Hear, bear.) These causes operated powerfully in pro-
lucing the present distress. It appeared to him that the
iresent debate had no other object than to let out the fixed
it which had been pent up during the recess. (" Hear,"
1 It had no practical tendency, and was, in
) more than the dim shadowing forth of a cor❑
Id understand the motion if it were for
s, but in its present shape it appeared
the house have somethine snhAtantint

his opi

cne country be misled by such a beating of the
the present distress was not owing to the high price of
, aut to want of employment for the people; and yet it
was proposed to sacrifice great permanent interests for a pros-
-I benefits from America and Poland. of which

pect of conjectura

toe nouse could have no assurance (hear, hear) ; and thereby
run the risk of adding to the commercial distress one equally
great in the depression of agricultural interests. Did not
every manufacturer feel that every country town in the king-
dom offered a lessening market for his produce, and how much
more would the decrease be if the notions of the hon, gentle-
men opposite were carried out ? Lle was perfectly convinced
that we should sacrifice more by opening up our agriculture
to a competition with every new soil, than we could possibly
gain by the speculative projects of those who contended for

such a course

Mr. MUNTZ said he did not approve of the motion. It was
not straightforward and English enough for him, but as it
bore upon its face a proposal for inquiring into the distress
of the country, he felt it his duty to state why he should give
it his support. The foreign markets could not stand an in-
crease of even two and a half per cent. on British manufac-
tures ; and, under such circumstances, was it possible for the
manalacturers to raise the wages of their labours? It must
at last come to this—that they must adopt either of two
courses—they must either repeal the corn laws or reduce the
value of the silver coinage.

Sir J. HANMER said be was of opinion that the existing
distress might be remedied by legislative measures, and it
might also be remedied by administrative measures—namely,
by effecting foreign commercial treaties, the importance of
which latter object he strongly pressed upon the government.
Ile also avowed himself, though all the property he had was
invested in land, a decided advocate for a moderate fixed duty ;
and said that this country should look to the whole world,
with a view to comprise every nation in the list of its cus-
tomers, for without foreign markets for the extension of tl
commerce of this

commercial country, the home market
would prove insufficient to save our manufacturers from ruin.
They must abandon the fallacy of protection and embark fear-

on the sea of commerce, if they hoped for general pros-

Mr. P. M. STEWART said that every interest in the coun-
try was in a state of depression and distress, and he could
not therefore see with what propriety they could vote against
the motion of Lord Howick. It was neither natural nor
right that the people should be famishing in the midst of
plenty, and if they rejected this motion they must not be
surprised if they should be told, on their return to their dis-
. .

as the madness of many for the gain

Mr. COLQUIIOUN said he approved of the most liberal
policy in trade that could be adopted consistent with the in-
terests of this country. Our manufactures were struck at by
hostile foreign tariffs, which it was hopeless to get repea!ed

had heard used in France during a recent visit was this—" It
is very well for England to propose the adoption of principles
)f free trade amongst all nations, because her manufactures

I at such a pitch of perfection that, together with
enormous capital, and her mines of coal and iron, they give
facility of producing so cheaply that no other country
her ; but with us the case is very different,
wain our manufactures by the principle of
unlikely, therefore, thit underany course
iberal, foreign countries would

have ar

nd we can on

bt pursue, boweve.r.l

follow our example. The evils of the country, he contended,
were mainly attributable to overproduction, fictitious capital,

and derangement in roreign mar
not attempt to remedy all this by destroying the bdme mar-

hey wou

Ket aiso, ny witnarawing all the protection v
turies had been given to the landed interest.
Mr. BARING said that he presumed Sir James Graham
had been started by his party on the previous evening be-
cause they were dissatisfied with the defence made for them
by Mr. Gladstone, and they therefore got the right hon.
baronet upon his legs to make what was technically called
" a stout speech," in the_course of which speech he had

ur cen-

made some most extraordinary observations. The right
bon. gentleman then contended that Lord Howick's motion
was justified by precedent, and that it was not necessary for
him to state what remedy he proposed for the evils he corn-
plained off—it was not necessary for him to enter into any
details—and his noble friend had done quite as much as he
was called upon to do, in stating his belief that a mitigation

commercia

mneficia

The right hon. gentleman then attacked the Government for
unsettling the sugar trade, by holding out an expectation
that the prohibition of foreign sugars would he repealed, and
now announcing that they had no intention to do anything.
The corn laws were also unsettled—so unsettled that be
would have no objection to place the members of the Go-