The Statesman.
London, England, 1820-05-09 00:00:00

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pies so ably lab! .I.ovit by .1.1.1111 Smlti, leer,. a, !en.lit
SO well reeeited, rut! likely, -miner or lat•r,
upon. It might be said that the pre•ent svorm of
commerce was ne,•••,sary towards kee!lec np the puldle
revenue; but to this be wont!! lobsrrve, that it wits /lin
more neer/miry to enable men 1.. pay revenne,Sn i that oh.
ket wonlil be best obtained ht atror.liittt ereatEr famit;e,
to those who were engaged in c. mo'u'e. He ark/bow.
leaed that a chance in our commercial system w.,.0hl
be attended at first with some diffienities. and, 1
speedily adored, with considerable loss to individuals.
Ile particularly alluded to those who had vested in.
terests, and who had embarked large ea.oi.pla in cots,
inertial speculations. It would therefor,. be unjust .0
do minty one present system all at encl.; tin; . shionl/1
be taken for WI consideration, atol tlectli;amie,suhaurh
be gra was introduced. It as alo.baek.
to correct the present system; and if i••:ltueld
thought necessary to establish a free !rade, notice
ought to be given that, after a re*!zitin
change would begin to he carried into effect; and that
a better evstem was to he reverted to. He was pleas.-
to find, that e tof the opittime: given bv the Ri •ht
Ilion. Gentlemen opposite (Mr. Hel dos n) weed wit!,
his own. II Hi regard to the corn-trade, be croureired
that it rested on the s •me grontels with other Cid, ~/.
commerce; Mr if the growers of corn I..hoared utt.hr
any peculiar Iturthetss. it would he grope: to e
them compoto:ation and pr ttectif.n. But he wishe.:
to know Whither agriculturists ilbd laltaur coho sat},
peculiar burthees? and if so, whearte tpse..r rtr
were? It could not he said that the tax ton wait
leather came under that description; firr Kt se taxes
fell equally alike on all parts of the comorni!r. It
might he said that the poor laws w
then on agricultnre; if Ow were the rim, he would
have no objection to a ruuntcryslin^ duty an tioe
portatiom of foreign Cr.% ife %%TS, hole y. r, far from
thinking that the poor-rates fell much heaviir
on farmers than on the other parts of Coe •
Nome portion of event might indeed fall as a peculiar
burthen on the land ; hut then there were pc, aliarbto-
them on other descriptions of people. iftt oueliawrereklt.:
go ronnd among persons of various array:lids!, aril
fintl that almost al! of thin had 'heir m
thesis, he could see no reason why aoy sprciiit m„„ne
should he Stleoptedi in CI von ut Ai:dhows only.
Stil', if a greater hurtfu!. in proportion, fell wpm
them, h.• then thong ke limper hi lay Si ewe
tax On tit • importation of corn. TO', s sere cer-
tainly it Imi-qt.:, upon agriculture, and that clown-
stance 'night entitle Oil ni to he protertt.l hy &coaster-
railing ditty.
L•rd MILTON spoke in extdanation.
Mr. ELLICE observed, that the ht•nters were al-
reatly profeeted by the I'orit Hill, and They were the
only persons who were prptected. retard to the
present petition, he rortliallywconetwed in all the ob-
jects it proposed to cit./ t tut, tirtor:unately, the
present state of the peldic debt,, fwd of the finances,
must render all attention that naight r. w be pid to
alterations in our commercial system, completely use-
less. If the whole of our public debt remeinfilillet as
it MIT was, that Howse. would ionic be ileceifiae the
country, if they held not Motes to the people that any
benefit could accrue to t!,em from such a preceding
as was now rerom eeee ,nded. There were ct rtainh tivive
vexations regulations in urn coutnteree, which nicht
he done away. It toieht r !•;•r to allow sill arti-
des to he warehoused ; but, as the bonding system
now st.iiitl, that could not be don,' ; because it was ne-
cessary to give bonds on exciseahle articles, that
were now warehoused. Whenever the 'GOO lien.
Gentleman oitposite uel•re.l any prarti.•al FUrgeStiOr.
he (Mr. Ellice) would give his leot assistanre, in en-
deavouring to carry it into effect. He hoped that
Hon. Gentlemen who took a tart to this /moth I,
would apply all their attention to it, and that a wise
and beneficial system would at !ength he at:optetl.
tI r. MAR II YA7 T corweivsal that our owe produce
might he injured by the free iuu.ortation of foreip n
prod ore • and that to allow co:•lit to he conveyed in‘
foreign vessels. would he injarkas to cur shipping in-
terests. lie hoped that his Majesty's Mitibters would
pay particular attention to this sutject.
Mr. WILSON agreed, that in the rresent ststr of
our taxation, it would be itunossible to take up the
subject then before the Ilitasie, with a Tie,/ to the at-
tainment of any real benefit for the et untry. lie was
glad, however, to find that the subject ha•l been taken
up / and in order that it might lie better andersteed.
he titou•fht that lientletuen ought to bring forwaol
particular grievances.
Mr. HARING spoke in reply. He said he must
differ from his Hon. Friend in what he said reviser:-
ing the currency. A pound sterling at this time 411-
dfeurreitiligrotnhseidwearar.islyTibne vdaillrueerenftr,teimwaas pound t
fist3ertlpeinf
cent. in favour of the existing rtirrerey. A chaster
in the value of commodities did tint immediately fel-
low this coance in the circulating medium ses or- -
count of the fluctuations whili took place is the
prices. The burthen at present on the country was
taken"il blYiidepralaceinatthgmeeisnsuted eoflily the alteration
ankparr.liewwbiucholsa4r,
that it was an honourable and liberal set to limit the ,
currency, but he was not certain whether the Bark
would be able to perform all that was prosniseL W. 4,
were now a oleclinine country in poiut of trade and I
revenue ; and the question was, whether mom bail I
been promised than could ever be performed. tkr
great difficulty at present was a large fiebt, and
we
should not give the public creditor utorsAultle erg gee: •
humid to do by our strict contract; Inst
that we placed ourselves in a situatiMarof atie•kr•
and gave the public creditor ton great WI atlitteAsee
by recurring to parwwts in gold, and Irlablabilliss;
silver, which was the old standard coin di 010 Mb&
lie should rather have made it a perpetual ylrs
and made it optional in the Dank to par in Bold or
in silver. Nest Session he should bring forward a
'proposition to this !abet.
Mr. RICARDO tpoks in explanation.
The petitio-t wan thee(
Mr. BAR/NO ebetts
ft m the Chatnber'of
Mr. Riesinx), in
-Raring, as 'to having
"mei, that site ebeepest
IBS Mrstedliblelt.
Vt. SARIN() ide,
mink Om Mi.

oks in explanatton.
bordered to lie on else tahle.
As presented a stadten- pd..
Coonnerce it Edialpqrdblet
n reply to what
two standards of credrarkb 'b-
ra WWI rpeged alutspe he the
the fitl y go“ abei.
"i.