The Statesman.
London, England, 1821-06-25 00:00:00

IMPERIAL PARLIAMENT.

HOUSE Of LORDS.--SATuasmv, Joss !IL

?hit Amy the Lord Chancellor, Lord Melville, tad
t*d Shaftesbury, as the Commissioners of Ma Majesty,
OW the Royal Assent to sundry Public sod Private
amoog which were the South flea Ballast Rill,
ate Peer Relief Bill, the Rest India eisermtey's Prise
Mosey Bill, the Irish Insolvent Debtor's Bill, the Now
Loads' Cis• Company's Bill, &a
110L1311 OF COMMONS.

-- -
The SPEAKER took the Chair about twenty minutes
poet two o'clock.
The Heal Pees (Ireland) Bill, thrt &elfish Malt and
Scottish Distilleries Drawbacks were severally
read a third time, and passed. T&l;wirisonet Rescue
gill and the Coastiag Trade Bill were eamusittell—Re-
pveto ea MOaday. The Legal Duties on Spirits. Bill,
she Warehousing of Goods Hill, the Collectors of erm-
ined (Ireland) Bill, and Mohair &math* Bills, were
nod a ecenod time,
Mr. M. A. TAYLOR gave notice, that early nest Ses-
sion be would bring forward again his motion on tie
*abject of 'deters in the Court of Chancery, and the
Appellent Jurisdiction.
-The Customs' Duties Bill was reported, and the Reso-
lutions agreed to, after a few words between the Chan-
teller of the Exchequer, Mr. Home, Mt. Ricardo, Mr.
Malierly, and Mr. Trott, Upon the ptoptiety d putting
the West sad Bast India Colonies on the same footing
respecting the duties on cotton, so as to prevent either
from Saving an undue advantage over the other.
Qa the motion of Mr. HUME, accounts were ordered,
fro* the year 1814 down to the present time, of the total
expanse of the East India College at Haviesbory, toge-
ther with a Return of the Number of Writers sent out
to the East ladies and China, and the expences of their
education, he. After moving for these Returns, he said,
that it was his intention to have submitted a proposition
to the House this Session on the subject of educating in
the native languages the persons destined to bold mili-
tary situations in India, but he must now defer it until
the ensuing Session. In the interim, however, he be.
l'•-ved from the proper view taken of the subject by the
present Chairman and Deputy of the East India Com-
pane, that his motion would be rendered unnecessary.
,Corti BINNING entirely concurred in the pro-
priety of the Honourable hlember's view of this sub-

Similar Arcouo•a were ordered respecting the Ca-
dets of the Addiscombe College.
The Appropriation Bill was postponed until Friday
;text, and Mr. HUME gave notice to the Chancellor
sff the Exchequer tl:At on that day the subject would
be full♦ discussed.
An•Acconnt was ordered of the names of all Mem-
bers who held Places ender the Crown. from the
first Parliament of King William, down to the pre-
sent time, as far as such an account can he ascer-
tained. _ _

At a quarter past three o'clock, the Howse was sum-
moned in the usual form to the House of Lords, to
bear the Royal Assent given, by Commission, to seve-
ral Public and Private Rills.

Os the Speaker's return be named the several Rills
to which the Royal Assent bad been so given (for
%which see Lords' Report.) The House adjourned at
fear o'clock.

4 GRICULTUR.4L REPORT.

[Resumed /rout our testi

The object of this Report is to examine the causes
that bare combined to depress the peke of core, in
seder to aseertaiu how far their effects can be reuse-
died. In pursuit of this the Committee adopt the fol-
lowing reasoning, assuming first, that among those
causes most be reckoned " the general abundance and
good quality of the last harvest, in all articles of grain
and pulse, more particularly in Ireland, is which part
of the United Kingdom the preceding harvest of 1919,
was alto uncommonly productive. Several of the wit-
nesses examined have stated their belief that the prices
of grain have further been depressed, in the present
year, by the eery larte importations of foreign corn
hick took place before the ports were closed in the
month of February, 1819; but looking to the very
Ligh prices, and to the constant and brisk demand
which prevailed in onr markets so long as the ports
continued open in 1917 and 1818, it may be inferred
that the greatest part of those importations was neces-
sary, and was disposed of during those years, to supply
the daily wants of our consumption, and that it is
therefore only in a remote degree that the present
prices can be inthrenead by the occurrences of that
period.—lt can scarcely be rt.-emery for the Com-
mittee to remark, that the growth of wheat has been
greatly extended a:id improved of late years, in all
parts of the United Kingdom, but principally in Ire-
WO since the year 1807. • • • •
" Se far as the present depression in the markets
of Agricultural produce is tbsoffect of abundance from
oar own growth, the inconvenience arises (roma cause
which no legislative provision can alleviate; so far as
it is the result of the increased value of ear money, it
is one not peculiar to the farmer, bat which bait been
and still is experienced by away other classes of so-
ciety. That result, however, is the wore severely
felt by the tenant. in consequence of its coincidence
with stn overstocked market, especially if be he farm-
ing with a borrowed capital and under the engage-
ment of a lease ; and it has hitherto been further ag-
gravted hy the comparative shirtless with wbkb
prices generally, and particularly the price of labour,
aceommodats themselves to change In the value of

money.
From this circumstance, combined with other
causes, the departure from our ancient standard, in
proportion as it was prejudicial to all creditors of
money and perons dependent on fired incomes, was a
tenefit to the active capitals of the country ; and it
cannot be denied that the restoration of that standard
has, in its turn. been proportionally disadtantageout
to many individuals belonging to the productive
classes of the community, and especially to those who
had engared in speculative ad% comes, either of farm-
ing or trade.
That restoration must also he accompanied with
ertiba rrrrr tuent to the land owner, in proportion as his
estate is encumbered with mortgages or other fixed
payments, assigned upon it, during the period when
the lands and rerts were raised to an artificial %aloe,
in referents to the impaired value of the money in
which those encombrances were contracted.
'• Front ti .e eessation of public loans, the probabi-
lity of large ac'ecoiniations of capital, and the con- I
toast operation of such a Sinking- Fund, as in the pre-
.ograt state of our finances, mac henceforward, during
the cionsalece of peace, be segnlarly appropriated td