The enquirer. [volume] (Richmond, Va.) 1804-1815, 1811-05-10

L. diiu ECHnlbueu the E1OuSe tina
ne mad originally objected to the forma,io
OF the Committee. upon the ground that
was likely to have TOO large a portion of feel
ing He wished that the Report upon th
other Exchequer Bills had been receive,
oetore TINS motion was made and alludet
10 me representation of the flourishin,
state of trade in the Kings speech of las
session - '''
The Chancellor Ct the Excheouer said
that he agreed in one thing with the Hon.
Ientiemau who hadjust sat down. and tha,
was the observation that the Circumstance
OF tne measure having been brought into
the House should not prevent him. or a1y
one from voting against it. if upon a further
we" it appeared 70 be beneficial With
! respect to the Hon Gentleman's assertion.
that he CNe Chancellor of The Excheauerl
mad yielded to opportunity instead of being
convert to the measure, he would own tn at
ne mad not the same sauguine hope as in the
| year 1873, but still he tho't that it afforded
favorable chalce of relief which ought to be
tried. Although the most favorable circum-
stance IN theother case was not in this, still
there were many favorable circumstances
In this case which were not in the other -
he marke was not now open as it was
then, but in 1898 there was a great fall in
the stocks. the three per cents fell from
near 100 down TOTO which produced a total
loss OF capital which could not be relieved
bY the measure. A Right Hon. Bart. had
stated what would in his opiaion be the ope-
ration of it upon general credit. 1t was
true that in the former instance, the writ of
extentwas unlimited, but It might be limi
.eo now IT deemed eXpedient. The effect
Woula produce, he thought must be TO
"eaKe ene frieSds of the party more cautious
vi coming torward, unless he could give
S SuiiiCieht security IN available property
here were now in the warehouses double
the Quantity OF articles that were lodged in
them the year before, and these were not
merely applicable to the foreign market
but to the home one also. He differed in n
pinion from those who thought that by re
moving the Orders in Council they would
give a market on the Continent. It was not
owing to the Orders in Council that the
markets were closed, but to the DEGREES of
the enemy. He contended, that the Orders
In Council. so far from being Objectionable.
had answered the purpose for which they
we're intended. by driving the Tyrant Of
the Continent to such an Extremity as to
burn all British COMMODITIES, an act by
which he destroyed more Il the property OK
his own subjects than of die British mes-
chants.--lhey had driver him 20 such an
act as might afford chance of Kidding phe
"SA'A vi 10 OPPISSSuIs bC dkIGGQ with the
Hon. Gentleman (Mr. Eurwen} that is he
found he had been wrong, it would net be
undignihed TO change his conduct; bat ne
would beg OF that lion. Gentleman tc keep
his mind open whel he should come to the
question, and be csltious of adopting it as a
Certainty, that theFePeal of the Orders in
Noanch was all tht Americans wanted.--
He was glad the House was inclined TO a.
gree TO the represent stage and declared his
intention to chang his conduct. if in the
progress of the messurc he saw any ground
for so doing.
:, Or ]ohn HewPoit, Mr.. PonscnbS end Mr.
Hose severally EXPLAINED.
Mr Whitbread said that the Right Hon.
gentleman had made some imprudent insi-
nuatioNs with regard to America, which he
hoped would not Ihut Gentlemer's minds to
the case when it asbefore them; he hoped
that America id make any other &c
mand than those which were generally I'M.
derstood, the Right Non. Gentleman would
nave no objection to accede to his motion
for papers.
The ChancelioF OF tbe Excbeouer said.
that he would agree tbGis motion if he bro'i
lt forward at tive whep, consistently with
the advantages of the country. they could he
granted. he had 30 objection to repeat a
gam what he thought Eeither improper nor
nnoaAdid; that Gentlemen should not run
away With thc impression that the repeal of
the Orders in Council was all that was re
CURED by America. He did not go on to saw
that thsre was no hope of accommodating
these differences, for he had every reason to
hope the Contrary.
Mr. Whtbread said he was relieved from
the impression made upon him at first, by
the different tone and manner Of the Right
Lon Gentleman; now therefore he should
con'ent himself with repeating his former
Questions, as TO the objects in dispute be-
tween the two Governments.
Inc Chancellor of the Excheuuer said,
that ne had stated nothing which shodId
Ulef way vi
Mr. Canning said few words, but il, so
10Y tone as not to be audible in the gal.
ieH' After some farther conversation
between Mr. Ponsonby and Mr.. Rose,
the the Resolution was agreed to without oppo-
LoNDoE, March %.