The Statesman.
London, England, 1822-07-04 00:00:00

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" of a petition presented to the House, praying for a
". reduction of the interest of the National Debt. Ile
" was net surprised at inch petitions. although ke
" residue: agree in the prayer., because if Parliament
" °ace broke faith rite the public errditor, there
" would be no end to the violation of contracts. He,
" however, agreed that the bicolor of the landholder
" was iacreasiag. while terry othr r ipterest ICIls de-
" creasing. la 1814 the public creditor's property,
" the three per cents , were sold for 531. per cent. and
" geld was 51. per ounce. At present the three percents.
" were 811., and gold 3/.175. NH. per ounce. The Fend.
" holder's property was disabled. while the farmer's
"bad decreased is the same proportion, or rather on-
-6 nihilated by the .mirconduct of Parliament. The
•• House ought to look into that state of things with a
" el, re to redact the National Debt 6y some fair moo-
" tribetios. . When the landholder's property doubled
" while the farmer's was entirely destroyed, he was
" sot surprised to hear the latter petitioning for re-
" duciag the income of the former, anti at the sane
"time bisecting their owe burdens. A relief ought
" to be granted in the remission of taxation to the ex-
" tent of the surplus of the revenue beyond the, ex-
. 6 peediture."
He had heard of a petition ! If be had been in his
place when it was presented, he might have shown,
if he could, that the prayer of it was not what it ought
to have been, which would have been mach better
them to say that he could not agree with it, bad to
charge it with proposing a breach of faith with the
public creditor, as has now done. Reimer, let as
bear what be says shout the matter. Let es boar his
arguments against this Kentish petition. He tells us
that the immune of the fundholders is lattreasinz,
while that of all ether cl is decreasing. He puz•
ales his Vain' about the price of stocks which has
nothiag4o 49 with the matter; but he says, traly
'nogg* that the property of the landholder is
doubled, while that of the farmer has decreased in the
Same 'tie's, or, rather, says he, has been mainly,
sleet Ile says this very plainly, and yet he eta-
toi
'or
not • the prayer of the Kentish petition, and
cbargp ik with aiming at a breach of faith. This
would've)* strange enough even if we stopped here ;
for cam it be a breach of faitl4.4o put things to
rights, when the farmer is deetenyed by paying the
fundholder the doable of what be unzbt t.s pay him?
.6 Figure to yourself," said Mr. CO!CETT, once in a
letter to his son JAMES, written just after the Coventry
election ; '6 figure to yourself," said be, " a great fate
faced boy of forty;" but where is the great fat-faced
boy of forty that would call it a 6reaelkief faith, to re-
duce the interest of a party, wh.seeinte'rest Ind been ha-
adverteetly doubled by law. while the pa y payiee. the
Interest had, •• by the miseoaduct anwat,"(for
those are his very words), been d is the same
proportion, or rather, tuseihilsted ? • Where is, welay,
the great fee-faced boy of forty, who world attempt
to maintain a proposidoe like this ?
Bet this is not all; for Mr. &MCI himself is for a
1 redaction of the National Debt ! This House, he
, says. 0"1.1s. took Into this statitof things. and with a
;.. ....... reduce the Natiocal Debt by sprat rein win:-
1, gsties." Well, and on what ground, then, de roadie-
approvenf the Kentish petition ? 1110}1lial you disap-
prove of its prayer? Come, discuss, as Pistol say;
discuss; give us the why and the wherefore. What
was the prayer of the Kentish petition? Why; it was
fur a " jest reduction of the interest of the National
'6 Debt." The very words were these: "and year
" petitioners farther most humbly pray, that oar
" Honourable Hoese will be pleased to a
" jest reduction of the interest of the sal
" Debt." And what do you want? Why,'" to
reduce the National Debt by some fair
con-
tribution." So, that all the difference is, you
have the word fuir, instead of the word jest, which
latter is by far the beter word of the two; because
it is not figurative, admits not of alley possible miscon-
struction; eonveys a simple and fausiliar idea; and
was, In fact, the word of sit words. to use epos the
occasion, though Mr. Hem:a:tau thought proper to
cavil at the petition, and to call this part of it "crude."
Crude, as it was, it has stood all the csneassiegs and
eavillines of those who effected to dislike it ; and it
places the County of Kent upon an eminence in the
Dyes of the whole nation. That public spirited
County; that Coenty so complimented by Lord
CAS, 11, and others; so coaxed sad so wheedled
with a view of turning it from its purpose, has :et an
example to the country, which the country most fol-
low, and that speedily, too, or the total ruin of farmers
and landlords is at band. Every time that County
shall hear of schemes for redneing the interest of the
Debt, so often will it have reason to congratulate it-
self on its contact on the 11th of June. Join
SMITH the Banker has Isis seseme for reducing the
interest of the Debt. Vou hate your scheme for re-
doeitsz the interest of the Debt. Hot root any of TOG
invest a scheme better than that prayed for by the
County of Kent; namely, 6' a jest reduction of the
interest of the Delo."

Yesterday the Marques* of Londonder►v, Viscount
Mel►ille, and the Marqu-ss of Hertford had audiences
of the Kier, when the latter delivered to his Jlajesty
the Order of the (tarter worn by the late Marquess of
Hrrit...rJ, his fllher.

Soule of the Ministetill papers labsnr anxiously to
414Ve it helicved, Litt the advice of the
Royal Physi, ions, Lad pretentrt! the King's intended
visit to Scotland. Various ruition 9, however, aro
stated to be afloat with respect to his Mjesty's sod-
denly ailiindoning his intention, after the tortual cow-
moniestion to the Lord Provost of PAttlhorzit• It it,
said that his Majesty, whose own inclinations sroold
hare induced him rather to visit the Cos:inept. having
agreed to visit Scotlar•l, resented the ripitilty with
Which the intelligence ut his determination was mo-
seyed to that country.
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morning paper which had steed the illness of
the Duke of Itedforil to be occasioned by a paralytic
attach, observes to day, that t I..lvolralaie feral v •
copied f the Exeter paper :testerday, was at vali-
ance with the accounts received by his Grace's Mends
in town. The •Vpaiinit Chronicle. of this day states.
that by the arocients which were roc:iced yesterday
from Devonshire, it WAS nio that the Du:te
was much the same, but ❑ut worse. His youngest
sons left tows yesterday to juin the family. The Mar-
quess of Tariatock, and Lord W. Russell bad previ.
.naly set off with the sawn view.