The Statesman.
London, England, 1822-04-03 00:00:00

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is the imposition oft duty upon all foreign earn, when
"vvr spun *ruing oar pees it should be aintissible fir
home consumption. The occupier of the land woulA
thus Amis. in proportios to the amount of such dem
a protection, which is withheld from him under the es-
iming law; but in retain for aseit protection, it is no
more than reasonable towards the consutuer that the im-
port price should he fitted at a price some,hat lower
than Mes., because the new duty •mnld otherwise not
only check the sudden and overwhelming amount of it. •
port, bet slio enhance the price beyond that which it
..light resell tender the present system ; nor must it he
lost sight of in any future regulation, that owing to the
' great alteration in our currency, 80.. may and do now
represent a different and eonsiderahly higher value than
in 1815, as measured by the price of.all articles of con-
gumption.
Should Parliament decide to legislate during the pre-
sent Session, your Committee wnnld recommend, that
after our wheat shall hare reached 8011., whenever cir-
cumstance' , not now to be foreseen, way have effected,
so great a change, a lover price may be assumed fur the
future import, subject to a duty.
When the importers know that their grain can in no
case come into the market without paying a certalo such
is duty, besides the carges of importation, warehous-1
ng, and ot her incidehntal exp eeeee , they will be less
ready to adveotnre rashly than touter se entirely free
trade; they will also withdraw their corn which may
be lodged an warehouses gradually, and with more dr-
' cumspection than they do at present, and will naturally
'endeavour to feed the market rather than inundate it.
It is now their interest to take their whole stock, ins-
eam as it may he, at once from under the King's lock;
but when they most pay duty for ever! quarter which is
removed, they will prudently calculate the time that any
large stock may rennin on band before they can dis; use
Olt to advantage.
The foundation of any future Bill should lie the prin.
Idple of m far mollifying the operation of the existing
law as to obviate, as far as may he, by the imposition
of reasonable duties upon the admission of foreign grain
fey home consumption, the sudden and irregular 1,
manner in which such. foreign grain may now be intro-
Owed upon the opening of the ports antler einem-
totems incousistent with the spirit and intemions of
di. law.
For carrying this purpose into (Sect, it would be ex-
pedient, after the ports shall have opened at 80s. (subject
Ilia scale of duty hereafter to he fixed) to preserve the
principle of an import price at a rate somewhat lower
than the existing import price of 90s. and your Commit'
tee are of opinion, that 70s. would not be an improper
limit to surge to that price :
That a duty from 12s. to 15s. should be imposed upon
foreign wheat for home consumption, when the price is
from 70s. to 801.
Also, that a duty of Si. should he imposed upon such Also,
wheat. when the price is from tith. to 855.; after which
'the duty sheet(' he fettered to Is.
Anal that a farther additional duty of se. should he
Imsed upon wheat importer' or taken out of warehouse
for home consumption fur the first three months after the
ports open, and when the price is from 70.. to Kis.
And, for the purpose of rectifying the scale which p-
een's the import, the g 1 proportiou which the prior
of oats bears to the price of wheat, appearing to exceed
the proportion which was assumed to exist, then
was fixed as the import price of
,oats, your Committee
suggest, that it would be expedient to increase that price,
so as to bear a more accurate proportion to the price of
wheat.
The scale at which barley is estimated appearing to
he MOM correct than that of oats, the same proportion
which it now bears to wheat appears fit to continue, en-
der any future alteration of the import prices.
The 6th, 7th., fhb, and 9th clauses of the Act, which
regulates the importation of corn, make provision for
lailtnittiog corn, wetter flour, being the growth, produce,
'or manufacture of any British Colony or plantation in
North America, fur borne consumption, when British
wheat is at a lower price than SOs.; with regard to
which Colonies, it will be consistent with good faith
I and sound oliry to preserre the same relative prefer-
ence above p foreign corn, in the event of any future al-
tenths° being applied to the scale of prices or of dudes.'
lo compliance with an application made to them by
I of the owners of the foreign grain now stored is
warehouses, your Committee have already receinmend-
ed, that permission may be granted, antler sufficient
and adequate regulations, to convert it into flour, and
export it in that shape, by which mean' some portion of
ibis large stock will he carried out of the kingdom, and
remove all apprehension that the quantities so ground
down can ever enter into competition with our home
produce; brit in the event of a large portion not being
then disprised of, and still remaining in store, it appears
practicable to a !opt a method which may render this
remainder also advantagenus, rather than detrimental in
its effect upon the value of British corn, whenever the
average price of our wheat shall have risen to 701 and
finctuate between 7415. and SO' ; for if it be then a
ed to be taken oat for home consumption, subjectllow-
to a
duty of 17s. per quarter for the first three months, and
afterwards to a duty of I2s. the interest of the proprie-
tors of this grain will he brought strictly in unison with
that of the British agrienlturist,end into direct hostility
to that of all other importers of foreign gain : so thAt
every endeavour will be resorted to, on t::eir part, to ad-
vance the price to 70s. that they may liberate their own
stock; but to keep it below 80s. Boit they may exclude
all fo:eign competitors. The equitable claim which the
holders of the grain, already deposited under the Act of
the 55th of the late King, uppsar to possess, will thus
be beneficially preserved to them, and the danger of an
immense influx of foreign pi oduce sill be mitigated aotl
deferred, if not wholly prevented.
It most of course be left optional to the proprietors in
question, to avail themselves of this permission, or to
abide by the conditions of the existieg law, under which
they im n
ported ; hut in the first case, the payment of a
moderate duty will enable them, at an earlier period, to
enter a market over which they may exercise some con-
trod conjointly with all the dealers in British corn;
while, in the other, they can hardly expect to stem the
torrent of foreign produce poured in upon our existing
supply, and the itninediate depression of value *hick
must unavoidably accompany it.
If the circumstances of this country should hereafter
allow the trat..: in corn to be permanently settled upon a
footing constantly open to all the world, but subject to
such a fixed and uniform duty as might compel.sate to
the British grower the difference of expense at which
his corn can be raised and brought to market, together
with the fair rate of profit 11p011 the capital t usployed,
compared with the expense of production, and other
charges attending corn grown and imported from
abroad, such a system would in many respects
he preferable to any modification of regulations
depending upon average
prices, with an amending and
descending scale
of duties; because it would p t
the effects of combination and speculation, in endeavour-
ing to raise or depress those averages, and render im-
material those inaccuracies which, from management or
negligence, have occasionally produced, and may again
produce, such mischievous effects upon our mar4A ; hut
your Committee rather look forward to inch a system as
fit to be kept in view for the ultimate tendency of our
law, than as practicable within any short or dennite pe-
riod. A protecting duty, which might at this day lw
hardly sufficient to guard our home market from the
most overwhelming competition, might, when the ex-
cessive abundance on the continent shall have been ab-
lsorbed, operate against the real wants of this hitigtlotit,
land subject die gro i
sere as well as the ;mousers to the

greaw-st ireonreniettrea. TWO of dearth nuty at..sit,
make it indispenall,le to hare ISTOSTII• to foreign pen_
dare for a part of our supply, although it, sea.sos ,t
ot,linary plenty it may be hurl that our own Agri. ,i'.
tura has been in improved and extended, aa to ...ea .
ibis kingdom from a state of dependence upon nae,
and eveataally hostile, territories fur the sul•sistence .1
its population.
Your Committee have felt it their fluty, fur chri,,ot
reasons, to lay without further richly before the How,,,
the result of their deliberations; but they would con.
*Wye that they hail omitted a must material part of I.
task imposed upon them, if they neglected to itut.ite
into the present systems upon wild. h foreign l'arr, ~
tvarehossed. Your Committee are now engaged in t.,r•.
fully investigating this important subject, and ti,ry A.
not fail to report the result to the House as elf ij 11141 C
cloture of their inquiry will permit.
April I, 1622.
...._ s

SUROPSHIRI: AGItICULTUR.IL PETIT.os.

To the Honourable the Cousisions of the Ceited
dons of Great Britain and Ireland, in Parliament tri•
ambled.
The humble Petitios of the Nohitity, Gentry. Clergy,
Freeholders and Occupiers of Land, in the Comity of
Salop ;
Su ZWITH,—Tlist your Petitioner* are suffering midi
the most intense and noparallehrd Distress. 1•tor pe•
titioners submit to cone Honour Me Rouse that antis
adequate and immediate Relief be afforded, they caseot
hut contemplate the total destruction of their pr.vr.ies;
and they most express their deep regret and disappoint-
ment at the inadequacy of the measures proposed by his
Majesty's Ministers for their relief, iaaswerrls as the
priees,frogn whatever earse it way be, have fetes het9a
the rate at which prodore rile red a retire is tLe
Trues*r while he reaatims limbic to throe charges rhi,
were imposed wide* the cable of money war etfe,e,.,
mad wise* Prices were at their hi,;heat. Your petitioners
do conceive that a fir greater reduction of Tatat;uri
than that hitherto proposed. by Ministers might be at-
cousplisbed by enforcing the most strict and rigid giro-
nomy in every department of the state, and by Ileitis:
the establishments of the country to their former rate of
expenditure in times of Peace.
'l* he Meeting (called by .I:a.,istrates) took place at
Shrewahnry on the 2.5 d) Marc:.

FRP 'E OF STOCKS, AT ONE O'CLOCK, THIS D 11".
Rant Stock
3 per Cent. Red. .Shut Ditto on
—s. 61a. erii. 1 st.
3 per Ct. Cons ......M1 South Sea Stork
I per Cent south Sea Old Attu. ......
4 ;rrCents..
3 per Cts.olavylo3t 1001 103 ' 1000 L
S per Cent. ---WV. ...MAK pa
Lotip Ann. . . I
I Shut , ------Staga.. 4.75. au
mp. 111 per Cent .79E Con. for %en
Irish S eer Cent Lott. Tickets 147 is

0.• On aerostat of the greed increase of Ike eires'ia:on of
ra Srsr elmm v since the arrangement trial .11r. Cos-
Barr, U has been deemed expedient to remote the Oyer
to more Central and more Coarenient Pressioa.
Ne. 297. Strand; and Mot so delay in the Mines of
the Papers may be occasioned by /he middling clui4
Sale. farther oneenasres are be conlemplation.

,tit ttAtOntan.
Till •VRU, ITATIIIIAN" It INCMIPORATID Win" MI
VILTIIIIMAII."

LO DON.
IrIDNZIIDAT sTrtrca, arm 3, 1822.

STOCK EXCHANGE, TIVELV:: O'CLOCK.
A great deal of business has been doing this morn-
ing io the Market, bat, owing to report., the bads
have lowered. Consols opened at 791 for the Ac.
count, and are now 791 fur Account, aid 791 for
Money. It is rumoured •n 'Change, that a private
letter is in town, stating, that hostilities have erasv
menced between the Russians and Turks, bet we cas•
no', as yet, trace the report to any aathentic soma

FOREIGN b•OCIC.
All foreign securities are, this morning, rstlier
heavy, with but few buyers. This is attributed to the
non-anival of the French mail, due 'eat rasp
panlah. Bonds (old) OS
Privoiso ............. .•••
ffti
Danish
Neapolitan
rolumbian, (old) ............ .

THE GOLD GOING OFF!!!
Mr. MANNING, a Bank Dbector, said, in the Iloav,
the other night, that three hteld.ed thoosssi resets
bad very recentty, been sold out of oar Stocks sod eat
the amount bad been laid oat io freijaSioeks.—Vll
well !—Now. we hive It from what we dere inlets'
tionable au hority, that, on Monday last. there tort
entered at the Cubtom-bouse, for esportatioe to Calais,
the followi or :
400,000 Oen: es of Stltry•
40,000 Ditto Gold Coils.
12,000 Ditto Gold Hellion.
The amount of this at mint prices (reekoeing the sil-
ver at ss. an ounce, and the gold st Ns. 1%0 i‘• 4
arse
oar hasty colt ttlatioa be correct, 3G2,4751")"81
ling! But, this is only a part. The specie is pit:
hy smugglers, by passergers, and in all *asset II
ways. So that the paper must be further vatract,4
or Peel's Bill must be repeal,d. Prices, of corr.
must fall much /otter I.laN they nor arc; 1,4.114
the famtees on lease to attend to this. Let thou 30
bare, or can get, gold, keg) it safi..

PROCEEDING I.' PARLIAMENT.
LAS? NIGAT.
IN TNE LORDS noshing t0t.1.: place 'curl* 001'.

... .._ _
Ocular *other.
Ix Tug Comm.)Ns the subje.-'s w re Or II.0.(21
Pclition. Mail-cowl, pojec:, hwy., o;ficers 'ol°'
Sir ll'. .1t1.21,4*. Uni!viags.
In the ease of Mr. Ilt:vr, Sir Fa N :IS B!lglerr
oas to Late brought 11.. if is 7!3 a 04 /tie.; ; be!, 6'. li
Lit put it off owlish to the 2Lb when :bete is to WI
eall of the Hoare. I u.1,e,1 there spin-sr, to haw W 6
h ootirsl
only about sixty members pre, Cl. thorgll
bseu given of the worthy !Ismael's motion !
FaaNs Iv obss rve•!, that, •• whets be first co
coosisie4
the lulle:!, be dla jot, lg.. rodssol, ero