The Statesman.
London, England, 1821-03-06 00:00:00

4.

~~

Cations made in the House were true. was t 'd
things would find their own level—yes; but :h at
son
of level would it be ? It would he the level which rtes
ocean found after a violent storm, a stormh
commit devastations on every thing which 11,64
that campy/4k
its reach. He was convinced that nothing , torild be
worse than to remain in the state in wait* tio.
Sir C. BURRELL explained. . *etc
Mr. URENFELL referred to the general dame
the Loan/has, by which it was provided that mists.;
dtynubinitshtoeittilwdhlseethienr7ousendde stock;ornsitircahnscrierrscutosfstaoc m
h
position of such a tax would not be a manifest Inlet%
go
oefapiniblr itcbefailtibo?n—:
mHeetnair,,erhe:ri..)ll,ll
tc.
inctoontheeivanwesi
it
The CHANCELLOR of the EXCHEQUER titoot
tiun at large. it would be more candid of —--
ft mu,
draw the present motion. At presentite was
pared to say that a substitute might not foga fat
the tax in question, though he held out no lopis
that kind. He c.mplained that this propmbhm eel
brought forward without notice.
Colonel DAVIES expressed his surprise at 0,40 t.
trine of the lion. Member for Oxford, respeeti" the
imposition of a duty on transfers. lie
would be an open breach of public faith. He yams.
tunished that, in all the arguments he had heard spit
this subject, he bad beard nu one talk of 'ret
merit, lie was prepared to say,thatowf
thheenotuhr:j.lienes,
Estimates should come before the House •he wow 1,,
able to thew that double the amount Otitis tat aliglit
be saved by retrenching in that part
tabllshment al. it ..—(Hear, hear.)
Mr. MONCh concurred in thinking that theuert
effectual means of relieving the distress which pressed
on the country would be retrenchment of expellee mkt
reduction of taxation.
Mr. HUSK ISSUS argued that the most ronveniest
mode fur the lion. Gentleman to proceed would bs
take an opportunity of moving. for the repeal of tie
duty altogether. The instruction width the MIL
Member had moved would he inconsistent with tie
object of the Committee.
Mr. BENNET supported the motion.
Mr. LUSHINOTON pointed out the ahcurditrof
sending an instruction to the Cvmmittee, Ir:iirb pro-
posed the repeal of a smaller, while it left the larger
tax in operation.
After a few words from Mr. BRIGHT, sad Sir M.*.
DLKT, M r. CHIMER explained, and the Housediritletl,
For the instruction - - - chi
Against it - - -
Majority against the instruction —57
The House then went into a I ornmitter.:eml the Re.
solutions for the continuance of the duty overt agreed
to. The Report to be received to-noorr..w.
The Report of the Committee on Irish Cones of
Jnstice was received, and ordered to he re:et-14Ni
Committee cf the whole House on Fritl.ty.
On the motion for postponing the Committee of
Supply till Wednesday,
Mr. BENNET wished to know, whether it was in-
tended to bring on the discus‘ion of the Army Esti-
mates on Friday ? The Estimates Oct:Iv11i were
hardly in the hands of Members; and the papers
which had been moved ter, and nhich were necessary
to illustrate those Estimates, were not produced. i's.
less they were presented, he should oppose the dis-
cussion of the Estimates on Wedbesday.
After a few words from Mr. LUSIIINGTON,
rhich
were nut audible in the Gallery,
Mr. HUME observed, that the Chancellor of the
Exchequer, at the °potting of the Session, Lid stated.
that there would be a reduction on the c..p..mhture of
the present year of a million. Itut it iv :1111 lie sees.
on taking the Estimates of the re.y, 'i!scy, and
Ordnance, which had been presented to the !loose.
that th.s reduction was not e than 201%00,
Those Estimates were, in fact, hither than the Esti-
mates of Itfl9. They tiere a little lower than those of
Isql, which the !louse knew had exceeded tilim
1 bill by a million. It was necessary, that before the
House discussed the Estimate s, they shon:d have be-
fore them the Accounts u bleb had been moved fur of
the Yeomanry and Volunteers.
The CHANCELLOR of the EXCHE'YER said it
would he necessary that the Army Estimates siouold
proceeded with on Wednesday. lie looped the papers
moved fur would be produced before that thy.
'nue Committee of Supply was line,' for WrdursdsT.
The Irish Chancery Court Bill w..at throagls
Committee. 'the Report was received :owl ordered to
he taken into further consideration on ,lomlsty.
The Report of the Lunatics Stuck Tra:tsf. r Bill was
agreed tu.

TR INSFER OF STOCK.
Mr. CI:ILW EN said, lie liver roar with more
pa r
fat feeling's than he now did, accused as he was of
@hewing in Pile motion, which it was a dee to make,
little regard to private property and public ere-lit.
however, did not admit the justice of the charge, bet
it was fair to avow, that in 1111 l ring Sor an accusal at
the Stuck transferred at the Bark of England, in tie
last ten years, his direct purpo'se was to point it eat as
an object of taxation. The first Loan Art which
passed itt.2.4e mils of William and Marv, contained a
choose in which it was said, that the anuoity paid 10
itxkliehlic creditor should be exempt f•uta ail lout bens.
.1111 this, Pte aoutttell whether Parliament 1.311 not ex-
' corded its powe'r, fur there was an inherent ce:tessity in
:the nate re of all Government, that property should far
for the protection at it. .He contended that ever
.If there had been no instance in whirl, a tax had beet.
imposed on it, it could not claim an exenytion, batik
fact was, it had been subjected to the Property TO,
and was non- subjected to the begeec Do v. There
were grare authorities which supporte,l dm in sal
ing that it should take its share of the bur:hens of at
country. lit the rase of Clerkenwell, is the reign et
George I. the Judges declared, Got properly in
ll'' the
funds might be made available to do ef
pour. And in a case from Norwich, I.‘od Ellenb. -
rough distinguished motet- in the (tends Iron lenst et
this' 6,l.mo:inert, Oat it con,
bond ; and stated, that it would be chargeable ,
poor rates, but (ruin 11
nut be shewn in any instance to be visible propettY•
arising within a particular parish. These tied; -
rations which 'hewed that tile Clods were. i
1:
principle, chargeable, shewetl that they were farl.•
chargeable with Taxes. But if the Fumlboldei•
could plead an exemption, they should be the Ow
class to forego it, as it was so much their interest to
encourage the payment of
h e
Taxes from which
detived lunch. It was sail, it
buds,woul be s
safair 1,
tax the Fund holder to a certain degree,
t
so