The Statesman.
London, England, 1821-06-23 00:00:00

“ The Anise for which HAMPDEN fell is the Field,

This day was published, in one lane Volume Octavo, with
• Portrait of the Author. price Its. In boards.
SRR MINS by the late Very Rev. W)I. PEARCE!,
D.D. F.R.S. Dean of Ely. Witmer of Jesus College,
Cambridge, and formerly Master of the Temple.
Published by his Son. Edward Serocold Pearce. Esq.
.t.M. Student of the Inner Temple.
Printed for T. Cadet!, in the Stroud ; and W. Blackwood.
Edinburgh.

This day was published, elegantly printed in Quarto. illus-
trated with numerous Engravings, by Artists of the first
Emilamee. Part I. price 31. 13s. 6d. in boards; a few Copies
on liege Paper, with Proof Impressions of the Plates on
InclisTaper, price 71. is. In boards.
TH HISTORY soil ANTIQUITIES of the
E TOWER of LONDON, with Biographical Anecdotes
of Royal and Distinguished Persons, deduced from Records.
State Papers. and Manuscripts, and from other Original and
Authentic Sources.

By JOIIN BAYLEY, Esq. F. %.S.
Of the Honourable Society of the Inner Temple. and
one of his Majesty's Sub-Commissioa-ri on the Public
Records.
Printed for T. Cadell, in the Strand: and W. Blackwood,
at Edinburrh.

s• 'The Second Part will be published earl) in the ensu-
ing Winter.

CIO It ONATIO N.—Thr HOARD of Ott EEN
lJ CLOT' haying. by Sperial Authority. (for the encou-
ragement of the New British latee)appointed 0. F. URLINO
and Co. manufacturers in ordinary to his Majesty, the
Patentees respectfully invite the attention of Connoisseurs
to an elegant assortment of RoMes, Frills. Lappetts. Veils.
Dresses, dr. in the real Point and Brussels Fabric, from the
most tasteful Designs. by the First A-tisk in Park. The
Article his already appeared at Court. ander the ganelion of
all the Royal Family. and can only he depended on. as
genuine, at 147, Strand, Somerset-house. Manufactory.
Itasfool. Notts.

N. It. Netts and Laces of every deseription on the Patent
Pritteilde.

I'D.XSI died on the Seiffeld."'

land were brought in, reads first, and ordered to be read
a second time le-morrow.
FINANCE.
lo a Committee of Ways and Mean., the CHAN-
est.Loa of Else EXCHEQUER moved a Resolution to
provide for the interest of the Loans taken from
the Sinking rood for the service of the present year.
31r. ELLIIUE could not allow the present Rest,ln-
tion to pain without calling the attention of the Com-
mittee to the conspEcated state of the financial con-
cerns of t country. At present a sum was set
apart for Commissioners of the National Debt,
amount* ' 17,000,9001., from which the Chan-
cellor Exchequer took 13,000,000/. for the Der-
lrie# of the'
rantyear, leaving as lie calculates a
clear Sink Fend of 4,000,01501., likely to be made
fli
applicable the redemption of debt for the present
year. bet as be fe.tred nut more than two or three
millions. p objected to this complicated mode ilf
arranging Ike concerns°, the eonatry—to taking cre-
dit fur a blkte Sinking Fend~,—burrowing from that,
tad then canting to Parliament to provide for the in.
Serest of the Loan ao obtained. On a former eveninLr
the Chancellor of Me Exchequer bad stared that the
Repeal of tile Agricultural Horse Tax would make no
difference it the financial arrangements of the present
year. l'e 'Fished to know if it should he necessary
to pay the seas doe to the East India Compane is the
present year, whether that would be dore with the
money appropriated to the redemption of the Public'
Debt, or whether the Commissioners would purchase
stuck at itllyresent enormous price. Ile objected to
the course Mich the Right Honourable Gentleman
hail purse in the course of the present year, and
hoped that . would mist be drawn into a preeedent.
The CH TELLOR of the EXCIIEse*EIt said,
et
if the lloosi‘ should think it proper to nis: 'tint a (*uni-
t:sitter to irslinire into the tissnageno.nt of the N:,.
tion;tl Itelei and the State of the Sit& ig Fond, in
another Sessltin, he dill not know that he 5h,011,1 bay,
any ohjectioa to make to it, as the inquiries of a l'om-
mittee would remove touch misapprehension which
existed on that subject. Ile then proceeded to ex-
plain his riots wills r aspect to the Sinking Fund and
the question started by the Ilonouralsle Gentleman ;
hut his ohiprvalions were nearly inautlibie in th •
gallery.
Mr. ELLICE thought the Right Honourable Gen-
tleman calculated on a larger Sinking Fund than he
would find at his command, diminished as itt a:house
must be by the repeal of the Agricultural Horst Tax,
and proba by various claims that would be mail.
4uukt n the course of the year. The toes-
tion nor; was, whether such claims would be met by
dimitti•hing Le Sinking Fund, or by suffering the
Consolidated Fund to get more into arrear. lie
thought it uould be better to diminish the amount . f
the Sinking Fund applicable to the debt than to suffer
the Consolidated Fund to get more into
Mr. M.%BERLPT was glad the Right Honourably
Gentleman was disposed to sanction the appointment
of a Committee in another Se•sion of Parliament, to
iequire into Gar manner in whirl) the accounts of t!...
Public Debt were kept, and with the Sinking Fin I.
as he called it, hut whirls, be thought might, slat
more propriety, he denominated the fall 'choirs Fond
It was said that i7,11M1,000/. was paid to the Coils-
missioners of the National Debt annually, but in polar
of fret no such sum was at the command of the Go-
vernment, anti it could only be lira .e op by burrow-
ing from the Rank, ur by issues of E‘.•liequer Rill.
If thi• •sib;ect were referred to a Co sonittee, he
4,0.0.1 yen tare to say, the result would be a revo.o.
inensla,ion on their vat, that tear boas sisi.old Is. e,
;.ended to reduce the robeic Wirt, bat tl.•t wlstelt
ntight remain to its as surplus revenue—as all "It-
C. at of income user eapeusliture. The ex.n-ss in the
present year, he was sorry to say, was li:,ely to Is,
very small. Risen the Right Honottral.le lientl -mai.
caleulated on a dear Sinking Food of f oar millions
stetting, he forgot that there was ii deficiency its
ihe Consolidated Fund to the amount of 51;.4;11,‘
ile forort the th fit Alms to the Eon India C. 1.111) .si.
—and he had forgotten another thing—hut no, ;,s•
had nut forguuttes the Agricultural horse Tax, for
that ha I tr..ets taken away from bins by the .lunge.
Ile Loped the present system of borron lug sti.ary with
one Ilan.: to psy us debt with the other, wuuid out lac
continue'!.
31r. GRENFELL thought a Sinking Fund of great
importance, but considered the present Sinking Futm
a complete failacy, Our Sinking Fund was said to
amount to 17,11011,00 W. but the utmost limit to
which the Cl. sncellor of the Excleetrer could carry
his hopes of an e!CCtfli alsove expt•niliture was
.I,lloo,i'llod. He was afraid that our clear Sinking
Fund for the pres-nt year would fall short of tlia•
assiou:st. What lie waired was, that the thancAlur
iii the Exchequer should get rid of ail the machinery
5 unnected a ith the I 3,00ti,10111. whirls the Right
Honourable Gentleman knew would be at his disposal.
and only to retain what was applizalile to the
4,11.•0,1100!. expected surplus. Wisa•ever lioems
p.w*'a tricks the Rig;st honourable Gentleman ssii-tht
resort to, it was quite certain that after all we timid
.iave no real Sinking Fund hut that whicir might
he f,-niched by exc. sa of income over expendi :Ire.
The CHANCELLOR of the EXCIIr.t4CEIt war
stwlerstoml to say, that lie expected the operation of
:he Sinking Fund for the present year tvould
~ustify
Isis pr. riot's calculation.
Mr. CALCRAFT, 11r. RICARDO, Mr. 111.11 C.
and another IlonJurabie Cren.lemau, rose at the Amite
moment.

Mr. GALCII.IFT haring caught the Speaker's rye,
said, in point of fact the couatry had no Sinking
Fund. That which hail been so callal 41as, in fact,
but an accumulatiaa of money, which the Minister
had always a: value period or other laid his hands on,
ant appropriated to meet the comets& expeaces of the
'ear, and this Was the result of the burdens impased un
the people to diminish the National Debt. Fur the
present year, we should nut hive half the Sinking
Vnnd, ou which the Right lion. Gentleman had ralcu•
fated. This was tl,e situation in the c.,untry
nas pl aced, and that tact, after to s ;d been imposed

PRIOR SZVItt4 PEIVCR

in 1819 to the amount of 3.000,0001., in older to ob•
tain the clear Sinking Fund of 5,000,0001 After the
taxes to which he had referred had been imposed for
three years, the Chancellor of the Exchequer calen-
lated on a nominal Sinking Pond of 4,000,0001. He
would shew that he could not look forward to half that
sum in tho present year. The Right Hon. Gentleman
had been brought by one or the East India Direction
to acknowledge a debt teithe Etat India Company,
which nobody thought maid be of any great import-
ance to the amount of 14400,000/. This taken from
the expected Silo Mug Feed of 1,000,000/. reduced it
to 2,600,0001. The Agricultural Horse Tax was
then to be deducted, and allowing 500,0001. it retie-
et-4 the Sinking Fund to 2,100,000/. An additional
charge of 300,0604 on utmost of Greenwich Hospi-
tal was then to be taken into the account, and this
reduced the 2,100,006/. to 1,800,0001. Stich
was our prospect of a Sinking Food after new taxes
had been imposed to the amount of 3,000,0001. to
bring it up to 5,0410,000 L And how was that Sink-
ing Fund of 1,500,0110/. made up? It was made up
in part of 500,0100/. received from France. We should
receive no more money from that quarter, and that
:•00,000/. deducted reduced the solid Sinking Fund of
the country to 1.300,01'0/.; and to calculate on that they
must enterain the sanguine supposition, that the rer--
nue would keep ep (which he hopetl would be the
camie) Sc its present amount. Time claims which had
been alluded to on the part of the East I n‘:is Com-
pany, had, as it appeared to hint, better he satisfied now
the funds were so high. To the Sinking Fond, as it
im mml hitherto exited, he objected altogether. It only
had the effect of making the Minister extravagant. by
placing large sums within his pitch, which he r.poi I
appropriate at his pleasure to the current servi.-e 'if
the country. The only good effect that he could trace
to it was this—that it had enabled the country to brr-
row during the war on more favourable terms than it
could othern;ae have ohtained.

MC.IIIIII/ considered it to hare been rlearl7
%hewn by his !loft. Friend that the Sinking Fond of
the vontitry conid nut be taken at more than I,3iteXt'll/.
in the present year. Ile was a frie:•tl to a Sin:,i:►4
Fund, if a real Sinking rand lle c. nid wish to ►ee
so►ue great effort wade to diminish the public debt at
once, as he was convinced that a Sinking► Pond, sn.'!►
as ne had hitherto had, crag of no 115 P. TO prove
he WOIII/1 call •'n the !loose to look at our present debt,
and canto:ire it u itls the debt foor years ago. It
world then he seen that it was diminished bat by Wit-
millions ■nd some odd handreils of thonsands. The
veal fact the efore was, that we had a Sinking Fool
of not more than 1,0011,000/. a year. lie wds
to ti ad that the C..ancellor of the Exchequer n•as tv:-
ling to refer the whole subject to a Com►uittee in the
next iession of Parliament.

Mr. It I?, recalled to the Right lion. Gentleman
rt hat hal fallen front hini in 1!119, when be bad cal-
culated ot. obtaining a Sinking Fond of 5,01141,001.
iu the course of 113211. lie (11r. Hume) bad then pre.
,licted that be wouhl hare nothing of the kind. In
the present year he did not think we could calculate
on a Sinking Fund of much more than a million.—
flie Sinking Fund now kept up was but a delusion :
it did not the Chancellor of the Exchequer, hut
it enabled him to delude the country. To obtain a
real ~inking Fund, it was neceseary to diminish our
expenditure.
The CIIA Xt' 1.13 MR orate EXCIIEQU ER thoitg!:t
it right to reined:, that ••1 Cie subject of referring.
the Sinking Fund to a Cointuittee, he lard only Asid
,hat it mitot remove many misapprehensions which at
~recant ex:steis.

.'lr. MAIIEIO.Y w:ain expressed* wish to see the
rrnnnts simpiitied—shewed the benefits that woald
have resnlted from the possession of a real instead of
a nomin. I Sinking Fund—predicted that the Chan-
cellor • f the Exchequer would find his present taint' •-
tions erroneous—an I enforcing the importance of ob-
taining a clear Sinking Fund by diminishing the
ottblic expenditure.
I he Resolution was then agreed to ; the house re-
-tamed, and the Report of the Committee was ordered
:o be received tosmorrow.

A Nlessa:Le from the Lords atwounced their Lori
ships' assent to the Irish Insolvent Debtor's Dill amt.
aud other Bills (for 1% hick see the Loa's.)
Mr. I:Litman.; (from the lily itemembrancer's Of-
fice) presented Hoorn' relative to Extents in Aid.—
Ordered to air on the table.

On the ►notion of Jr. W. SMITH the papers were
ordered to hr printed.
On a sssss !ion fur going into a Committee on the
(lover Seed Bill. a abort conversation took place.
in which Mr. Ilticanno, Mr. T. WlLioat, and Co-
lonel Davtis participated: which terminated in
tl►e Bill bru►g withdrawn 11 the last-mentioned Gen-
t

Air. 31AilE it Ll' moor I for certain Accounts 44 Ex-
cise Duties, and of E‘risequer Hills outstanding in (kik
cointry an a I rehn I.—Ordered.

rs OF JC:ITICE IN IRELAND.

Mr. S. hl. C mow d boat the Hone should resolve
into a Cu 11111 l on the Ninth Re;:ort of the Cotninis-
sioners app.:lot to inquire into the State of the Courts
of justice in Irel.tmi.
'roe motto', .r.ts :►erce Ito, and the Ilonse having re-
solved itself into the Coonnittee,
Mr. S. lilt:E, in cAlliit4 the attention of the Howse.
to the Ninth Report of the Commissioners, for in-
quirino into liik.stAte tithe Conrts of Jastice in Ireton!,
lose, with much to perform the task which
hail devolved op.on hint. He had many difficulties to
content with; first, front Ms being placed i■ a situa-
tion n hich rude it his duty to prefer
an inJiyidual ; and in the next place,
of the details into which be must enter,
appear trilling t the House, and all ,
must dy before the mention of six and
It was however to hr remembered, that
the iargest sums were male op, and
golden globes were formed of small fractions.
atitted, that of all men a .Intlge ought
innocent ; and All Ir.sh Jnilge, from
alien in which he was place I, ought

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.tr charges against
!, from the kature
ter. Theee might
notions of dignity
td eight-pence.—
fiat by small fees '
id Doctor Price's
11
kactions. Heht to be presumed
the peculiar situ-
to be treated with
mkiiiist-s
ar. 71111:--7.