House Of Commons, Monday,...
The Times, 1824-02-24T00:00:00

cu..eayIuiig ior UieO Tepeal Or ttIVesROutIeS were pr"enlted from thwfollowig platces `-frsm Cornwall,by Sir M7. LEEo-r - from o ners of lintds iii SufFolk, by Sr W. Rowttr frni (fa- mnorgan, by Sir C. Cbtzi; from t{vtle, in K-ent, b' Mr rnAiuO IBA-zx;s; fropn a jasisb in Lincolinshire,by Sit9;V ItLnw frbnm Andover, b . WT 'W. R Potir.t fromt 'Carmarthen, byl}t. RIC; f-.Barns lpei by-Sir Fk'A';'C1S ORMAIN:NEY fron. SRIc; byMr. W. -L 'S;four petitiors froi ' severad .atnshies in DevonshXire by Sir TROMAS Acx.i'D;, -from pswicb, by, Ailr. LE.NiAnb ; frdni Itidport,by Ir.-Po1tT1mA from Bury St.Bdmtt-d's, btyLord ob F ZBO fromn Oil nliasfi, *by Mr. WoDE}rousz -_.Tmm- Kent, by Sir EDfWATtD KNATCMBtRLML from tl,ie inhabitattas of the-*aid of Queenhithe, by Alderman WOOD.-411 otderedit lie on-the tible. Alderman'WOOD'presented, a petition; Aignedby bettveen 3,000 and 4,000 inhlabita ts tfthecit ofLi6ufdon iigiist the uneqtal and unjust tax gpon coils. Elc had already. ssidi'so totdh Upon the sub- -let, that he lshou,d now onlv observe, thnt if-these duties-wbre nOt in the nutunbe of those wlhich the ChatReilor of th4e Behequer mneant to give upt, he (Alderman 'WNoed should 'think it his duty to ghiVn6tfceifor a committee oh the subject, when he aritidpated the iuppoit of those mezlbers:who hadalteady pfesentedpetitions against the tax. MIr. BARING liid; that when the worthy AlGermani moved for the coni'mittee, be hoped it would bE witfi-a-vie;v of inquiring into the whble 'subject, as w-1l1 the tax which was paid to the King-as thetmaugreiinataon oftheprice of coals which re&ulted from dty ma- nagement, and which, frosn the-debates In tbe City'Common Council, lie was led to believe amo0nted (by the charge of metage and the dela"s of meters) to between 4s. andbs. a chaldron. Mr. IITTLETON said, that when the time should come that this tax should be proposd' tbr iepeal, it would meet with his most decided opposition, unless itwereatepealof the most-gradual nature. On the question that the petion be read, AldernMan zW03 %said the hon. mcmber for Tauniton had swel3ed the charge of metage,' which was but 4d., to between 4s. and os. Tothe 118 meters already a ppointed the corporation of London had appointed 40 tn0re toifacilitate the i livet- of coils, for which there svould rot be snv additiorl of ebargeto the public. , r. BAR1ING explained. Dfr. GRENFELL said it wa.s-a little to- much, when petitions were pouring in from all parts of the'count-y against these duties, that the honourable member for Staffordshire bould rise and declare his -opposition, because it would interfere with the interests of his Iconstituehts ss if the interests ofthe collieri'es of Staffordsbire and nothing. .., Mr. I,lTT'LETON explained. Sif MATTHE IW WEHT9 RIDLEVsaid it was importantthat the whole subject should be inquired into, embracing the mode of delivery, both at Newcastle and london. Mnch blame had been thrown on the coal-owners'in the North,.but on therr part he would deny that they merited it. It was stated that the supply was stinted and kept lower than the demand; but feom returns which he had perused fer the last six months, it would be scen that every market dav ltere was 120'or 130 slins at matkcf, and only d0or 60 sold. 'Ihe petition was then reid, and ordered to lie on the table Sir HENRY HAtRDINGE presented a petition from Sunder- land, against the coal duties. .LEATHEIR DUTIBS. Petitions were presented againat thesa duties from-the following places-from the currietsandishoemakersof Wellingboriough, by MIr. CARTWRIGHT * from the tanners and curriers of the borough of Stafford, by Mr. LITTLETONM fromnthecirriers of Northamap- ton, by Sir GEORGE RoBprxsow; from the tanners of Liverpool, by Air. HIssxissow. General GASCOYNB said, he hada "petition te present, which ho believed was different-from all others; tnd to which heantipipated tife supnort of the Chanie11orof theExchequer, asit *asfor the conti. rl-anctdfatak. It was from the tannerst curriers,&cof Liverpool, and - they.stated-that the public had-no 'beriefit from that part of the eather tax hit h-had been taken off, but the whole. advantage of the reduction had gone intothepockets of individuals and that if the remoainder of the duty were taken off the public wou2d receive as lit. tle benefit.- - After a feiv words from Mr. M1AiTIU, the petition was read, and ordered to lie on the table. Sir WM. INGILBY Presented apetiAiu from Kingaborough, againet the duties on Bxcise licenses. - -- FRF,COVBRY -OF SMALL DEBTS. Lord A lJTHORlP broughtup the bill for the more easy recovery .of smdl debts. - - r. HOBHIOUSE suggested t)iat1the.cluse Umiting the rtcovtery of debts fo two years should be - altered, so as to extend the term on the creditor'-t fifing anidifidavit of debt FThe billewas then read the, fst tioe, ad ordered to be read a steonid tlme onthis dayse'nni-ght. - -. AIFB LAWS. '- --Sr. STUART WORTLEY brought upabill to amnd the laws relative to the preseration ofiganme~ which was read 'the first tiite. and ordered to be read.the ceorid time on this day. fortnight. WOOL PUTIES.. - -' Mr. STUART WORTLEY,.presen'ted petitions from the mer. chants and -woolstaples; of *York. aidi Huddtrsfield, praying forthe Frepeal oftbeuty on feteign ivooi.-- Bedi&.rlot thinr it recessary to-go into the.siihject at-thepresent mbment- 'biut if the matter was 'net notited -bthe Chancellor eV tdie}Exchequer, he (AMr. S. Wort. ley) shonld fedl it- to- be hisdutv. to-bringjit before the house. The petitions were ren.reid, ana ordeedtolej on the table. - .' Sir TROMAS-LETH'BRIDGE pres'eAted g petitionfromn at pa*ish in8Suersetahire, against theloolauty_ Also a-petition-from the ihabitants of Bath, pr fotng.or the #peatLof the- remainder of the a ssessed taxes, -Asickuld not bejn inm tha?t,t prayera-or al1 the petitioners-for, the rlpealof -tas;es '-cold-. ke i aSknlled to, he- eEoreaed is bonethast4ia last *woAil be the yinning r oise.' iitr.[;lOBW USt:p:esented a 'Ititio. .fteil, the jourpeymen haters,; vi for, the tepeal of the .comqinatgoa lawss Ar. RUJ 'Al presented a petition :from ownet:,of lartdi4J WestmorJaud,cfmtlpzinsgof.th eintWltolion of foreign,iides , A.; a petition ngainst the duty on shepherds' dogs ;,also a petitio. froin' eertJiA fir&naq, corr$laining of aclause in the -at for regulating the salnioi.fi:shery; also a pe ttion from'Sligo,forvn act for the Mort erasy eto18erv of small debts; - and a petitiotr ftomn Mr. Flarana p ra.tigthe house to investigate his cae. The wbole of the p*ttisQs wereezad,and ordered to lie on the table. I\lr.-1iUMtE brDught up the,zeport fTomn the artisans contnite-- -:-ad- n ithe,table. -, . *3Ir. BUSKISSON p nspiiiioA f&oithe: h1 of LiQerpobiqribyjpy forthiriepeal :oteghoueduty(.rdeied to lie cnWthe toble. - . . .: . ,I: ... - On tbe'motion of .tle GH-ANCELLOR: ofrthe!iXCHEQUER a comumittee o 'te 4' peircent ncts.' Tn the- [ninittee the, righi hoP. geuUena preasd his ,satisfaction at being-2ible, t.aso corly.a perisd ofithessiop to 'open a,genel view Xf tHie financial ~irditai'on of theroutiit'r I n thtne of ar,? a' ptoeeed.. ~ng'okvtbis kind.waa~obsviousIy ...o.'pr..ici*; sisce it. was qgite- ekar-that it wasfin"ible, at s early aperio4 of Atses. oaf Pkrliarpeine -W state with atny degrer offpreigson the -extent of'the -'efrt.*ivtigli ~tlarament Anlght bei qzle'ioP s.ivrike, under ;irtum; stanceof a OslWe nature,, t'n iiie_of pewe,e holever, ;4o ju(c diflicultyexisted; and: the coiniittee woo1ds-g;cth aimi the vety- g-5cat- imrortikce o-"havit n'attsfiiept'f tuls'it,y?e *-aetO;i'lzient as'early in' the 'essioij <a,poUsb'1e h ' course enabled te lse tDath m.o,re vi cewth xagre jQalousy...(sn saeh vigiance'-asn jeableaty ht:veeild :be! 4xe lnst iian to ,t'sue or -d snoureernnyvotie whsier the qoern- mient might unk:prpper' to'!smibpit toJ%em' ''T v t4iti'em. et art' optottntinty.tof omorrttentsveiandt.detabd, etniatzonoig gre~tbranthe& mif!rielp't and ciexneitu.'ti wVlctEj icb'l id tei,t0oe pfgtte-, coissry. de. snd" ie, fel thtsr'ef ,e tb&'. 'f tl6*in tbee our,ehe haeta'tns the icitat y.ear;h-q p.I tt92piutue at luit-i hnf6rwiadons lb b ^iotj he itnatio il,rwbs x hC wId, FOCi3-; I rt 'phaee tO sat*? tO1i grtttZ ',.,h,er,er'en'u,s ;xpd-;,ndsurls b,,,,.Xhe, last "ye4<ar a& their to mlshenimiriathe best estimateh Lsclld form, of the erceipe, 'lftQY,and urpltis,f;'theYnsnnihn yeara 3?iW -ode tbis as pathter, a1*itX, 5i 0 ,s1x d n,ext ca th.e aRtten.ton 'ofth ;f hou'so ,io?ltsose Ooseevdtsons 'which Appeared !tohint togrow out 0. ibis 3st4tan, ez,it of, etrfiinanetplstteat;'n, a; sle tthe ms ewhtch,it was his inten:tion, to propose!..Fromm a dosgiuten,t ,which d, ,ed,'izaidonnthte taWe'ofthe'lAoeue,stbe committee cwre-aaware 4bthiupleit oif ast ye,ar4,t1r4Rb' 6,710,.851jOs,:5idl, It-was, bowever,: necessary b1deduct .fromi thlis thc C af5 '0 .00 ,JeSithepbrtidn dppro tiated-by an act'of tlle 1astaession,. fpr duaf'diniitution of ,t'ne. .Wonae.bt. . The surplus ;therefore,;of {he last year, garhiA- abie.for pi,bli prposas on thiaoccnsion, was 1',710;?85}.' ~The est,- -mate whir6 hehadto present tet Aeo ous&of therevenu, exrendi ure,-and'surp'lus forthe presen1t year, w-as follows:_ ', '. INiCODE: - . :-E. -CRustoms..'..-'. '. 5.. 1,50, Xxcise ... -..2605,000 Stahips... . . . . . ff,800,00Q Assegsed taxes, &c'. .5,l0Q,OOQ Postwoffice . ,. .1,460,00 - fiscellaneous items, whedhit": asnot necessary to recapitulate.730000 ' DIa'i7,n? . ; . . . ?1,265,00M -To tlixl he must add, thnc.portion of the money re- paii by Austria, an'd which had come into the Exche- er . . 1,500,000 - And the sum paid by' the trustees of half-7pay and p?usions . . . .. . . . . 4,620,000 lMaking a gross total of . .. ?57,385,00j QCONSOMlDATEDYFUND. Tbeeipdi * t xeoFR104 *aA&foJ1o*CiW-,, Firsti theIthaton'o consolidated fnd permanent ewensee not dependin ot annual votes of te heouse; i terest and management oFthe public debt . . '27,973,19 Initereston Bxchequier.bifs issued 'upder an act of 'Pariliament passeadsnme utysr go 'meet the gradual apeumulatitin of-the consolidated fund, onaccount of the halftpay. and pensions . _. . . 100,00 , Annual and permanent charges an the consolidated ' . fund,; 'lit &C. . . ;v. . . .c2,050,000 Half,pay aniuities. . . . . . . 2,800,000 Sinking fund..,l34,46 *Malddfg . SUPPLY. :Intecest of Exchequer bills . .1,050,0 The anny estimates, including extrmordinaries 7,490,946 The navy estimates. 5,762,893 Ordnance . .1,410,044 DIfscelianeous . .2,611,388 Making a total of .56,8332,929 Deducting this frem a revenue of 57,385,000L, ofwhich he had pre. viously yiven the estimate; there would remain a surplus at the end of_the year (after applying 6,134,4581. to the reduction of the debt) of-l,053,0711.,malringasurplis'on the two years of 2,r73,01. Having troubled the committee with this mere detail of figure *ithout any obseryation,'be would now proceed to state what it ap. peared to him essential that Parliartent should take into considera. tion when looking at tbese retutns.. In the first piace, they were called onto examine the actual receipt of revealuein 1823, as com. pared writh the estima'e which hebadlaidbefore the house in the last session.. Ife bad at tbat time calculated chat the amount of customs would be 10,500,0001. He-did not think that he took a sanguineo overstrained view of the capabilities of the country, in ratdng the customs at that sum: he did not mean to lay before Parliament an estimate wbich -he had not every reason to believe would. be fairly arid truly reilized to its -utmost estesit. Btit, so far from over-Tating the probable. amount of the cu'stoms, he had really under.rated thaq branch of. our resources. In fact, such had been th.eincrease of oui foreigni cnmertce-such had been the immense advantages der.ved from that free system of tiade, of which:he haa alwaYs been the humble advocate, and which Government had manifested the ut- 'most-vnxiety to adopt as fast as circumstances would permit- (hear)-and owing alio to the increased facilities of conaumptiol .w.hichwere known toprevai in tty-pai fthe co6untrb, that he - liS-n'tTlbshili~fa"toRotating thst the revenue of 'mnStOD1 di really produce in the lost yerT not less than 11,498,7621., being nearly 1,00,0001. 'more than he had anticipated. (Hear.) Thit statement, he flattered himself, would be most gratifying to all wbc heard him and -he would take the liberty, by and by, to state wbai bis views for the future were. The house would thus have an op. portunity of examining that course of. policy which, he conceived. the Governmnent and the country had abundant reasons for conti. nuing: -(Heir, hear.) The excise did not exhibit exactly the same tesult; but he should have no difficulty whatever in sa- tisfying. the committee, that though the actual receipt -of ex- cise, in the last year, had fallen short of the estimate laid be. fore Parliament, yet that the diminution could be clearly and fairly accounted for. It could, irdeed, be proved,'by' a reference to docu. ments, that with respect to articles charged with excise duties, so far frora there being any deficiency in their consumption duiing the last year, there had really been a yery considerible increase. When he last.year estimated the e3wise dutiesit 26,00.0001, he had count. ed items which ought to kave been omitted. The actual receipt was 25,342,8281. This 'difference between his estimate and the Amount really received, arose from some ircumstances wbich he did not advert to when he formed that estimate. Heomitted,in'the first place, to attend to the fact, that a considerable sum remained .to be paid on the stock in hand when theinaltiutywastliminished in 1822. One payment of 1,700,0001. wasthentobe de,andcous'- queiistly tbat branch of the revenue must be greater then, than it coaldbein thepast year. In addition t6 that circumstance, it would be remembered, that oiwing to the distress which prevailed in those places where hop.cultivation was carried oi, Government thought'it fitto see how far a liostponement of thc payment of-the hopAduees would relieve that pressure. Tfe Oeqtequence ofthis was, that instead of z 6op-duty' of 320,0001. being received in 1823, en arrear of only 47,000L was paid into -the excise. Besides those causes of depreciition in the ammnunt of excise -duties, a very consi. derable diminution was effected by another measute which pasted that house in the, course of last year. - Re had. witnessed the pre. gress4 of that tneasure with 4ery' great ifaction, hecause he tbought it vwould ultmately produce gdod effects-he maeant the act of Parliament which related to'the distllteries 6f. Ireland'and Scotland. ' (Ekar1 hear.) When that Itcrition waa contemplaied last' yar, oe had stated that'it would produce a;condiderable-limi. nuition of th spirit duty, 'alth6ugh he. coi*d nsot say precistly whit the nawe and extent of that reducbibn would'be, Th'refotelie had a'oided making any ealculation of the probable .loss thpt wounld take place in thic department of the revenue,.'when the ne niiea. sure vas carriedeinto'eiFect. It jwas, howev-r; db6iot Witiossibld 1t6 mltieachatgeof this nature' inso large4nd extensivea branch'of tbevreSue,as lh'c dbity oF spirits undoubtedly was,. *ithouf -ausing B :eosiderable reductiont 'in' the imountm collect6d.,' 4 'disinutioa Df duty bad:beenr-1 followed a b 'ncer -timn binr tion bf revenfie.% ThAt'- dihiinution- was -not. so- great'- n Ire labnr and Scotlaind. sasul L pji.'- TIe reaior of:t;thiswax dNatthse l+hglish; diebr$.beint dpbistfa of th ecft of tie' r meiscre' didrifot 1ike:to 5pcGUlateS .le.beievei -oneof_ibehrd effects& ei- pe ted fro 'tb measur. ils,- -the jtal destruction ofillicidsstilla. unitie(h.eafl, anId hexar'omion that, hereafter, the losssmtwills CoJQemplated- would? be iless5tbani'tliathi cliaJrid beenWte;i the' p'aAttcar~ becaus;ehe"thougbt4tllwould b- tiwC '* 4ot that the ~oans~uiritiorA of ?pits'.W&?d be-increased, tth4h was by noi meanS a-desirable obje'$(hear, he'r) ' but tb.t thosie .spirit3 wnich would- irifdtnrebieen'sumed. its. .Ireland sledScotl.5B1 w9ould pay the xm. 'gid 'duty. ( 'eAr.) 'And'if: that were the e,-t e: was TO groun& for sipuposinj thalaixhe rvcpu'e w ;c ly sufihi' any' loss. bereafter, although thee rwas a duminutipn last year. fL4l'eltitto be satter jif 'prudence 'to"adbete to tdie measare. which..hash occa.; aionaRtheioE6towhic~hiie Wj;ad dved, which lIssa wascon- iinced. Vodldbe.-fuilly nsade up at nio distant perio3 It~ was owIisn to.thsese thr ercumstanbcs;that the xexdse revcuena9 p .st year dilL; doiej4e to; 4'c amount. which; he had conf6dentlransipated.':-It: :,would we, ve'te seen'that t'e dii,htitibo wias occisioned by The' cclrernitaneshchsad sucxnctly pointetd o ut,' and noV by iii ddieaofeonsutipci-ors. Hcoui,d'trulystat, that of- all thosear_ tides wl'ich .paid xcrcie''dpty, -4iercwrej literI1y- dfcre,, v4r . few maeed, be-q4antitiysd whia e Sih.d,f not ffcee the av1ee b! precdiig yes;. With the Axcqptloa, of-one qr'bo Ar I h'e .us,njty' of eciseble eOsinlbditicsi'eontumed l .!':Year. cosifcg>i th&"0 'ui&t1tjl e6iifim;edz hi6'c 'pr b6ding ,ye4W. Witl rTespect. -to uctts, c:,rii HDOid k;&E 'th?e had been i ..toni .i4M e ol ex,ci;, ,s*;, . ' llitre Wsis,t'on*hop, which. Wi 2glb'! e iicnphsiso ?eq t& N in thst A?ti0co4.?.le,a,ei0e*'jdes. uIst,Wenwass ve I I!3 ___,,,, , ,d g,n ,mfor-e ver great. TActetew, in1icentss W stAlltdi3.s4b0t 8>OoO ; "'. * > f fi.rt t .j$4i* 1 #g sueab&netta; h a'4h k e< ?1t-'|ict, of ansi n ore o b *n e 1aeiS'g' rt-i4'uiity.-f w.a1tc . ued, e(~*a bear amala.ugh@er . te,btieytarose . 9m!th6iferJi1t,peods atShilthe.pe zrer i~dd.-in ad.. idpito' whi,ic,h 1 ,it 4 is;ril knn haeittTe (biirileh not he9 ;oyeuctis.ye,1antbtAe epucr etora si, Fy ,1Mvi as it .oiild.otherwsse hrhle heen. 'Thre tsdxrawticg ig2^:ertain1y have ti'&decf !'thiing. apartial 'anrnnti6N 3n 152iepezt. i1en_,t of thee,xcxs. htil, $ow1ever, !tpj, ,tn,sider. ibhly above what it a. I;b,eat. anigi piflsqr,.0-,e, yews*, Th.c kinount',of exciseon peoperj ad -onrnt4t,dsa ;lsroved 'O.n$t,; t'eee;8s aaeii lde g m e 4 p a iid star,ch had alo produscKji icreae of ,r,eve,nutae.LaeriX5 bein'. tlecrease on; Eztash4spinsta and: i increaseclni:fo r 'i'iiu O tea tobacco, 'snuWan'sto,i oottlsts,bere wis<A ssd&2*t~ble in- ,crease. So tha.ot, fdsln,;bt'ee U N iatd that presented 3 darnroton, wlbil6op *tU1: QtyptWocreus h'ad een iery, considelab'lt It wa'noh it sib*s1 'b obsebed, ait 'a'icliental increaste of t.he ha.t y aNve'r- e yii bi f4ieit3zn fin_ crease ever tlsyaar :aaspecde tb %; w BijS year7 -ne ,ould remind-tbe houae; w soW.proidx6ide thattbtvichif jt irmihediatfely tbllowed.-fr was. ia fact, a gradue} aned b~sive in- *crease ef reYenue, ocsioBed' bye r ulyt moross? oi5nptson,i (hear,.hear),. and proved mri,t. deCided}y thelttnthsof hi~rt was stated to tbt house in the speech frozt t'neehi rt4ne zthat the toreto.assert that it : s,as i.a~ ,state.of ywianil,e,,d,;,pzgstrity s(itr. Smps had produced 6,801,9.501b 7i'es, un4erdhe ma. nageinent eF ihe- Commissioners, of 'Ties. 1iil b~,1 eleidated to p oduce 7;l00,000L' but 'the actulal amouh't ,,?f..tbii lSt ysr was 6,202,9901., whzich was occsioned by .the 4psiX -i4.ef,'.' e4aure which ha byno mneans gi-taged, atnd whic,h had glveargreieaWsurc both tol the house and the coiir,ftr -,e su egea, , l t jtltorx which had bee a de in the assessed .,e Wise aleznx miscel- laneou,s receipts, tnoaeisatttrof anualse n..e',.exeeeded the eatstiihte.wliiclaha hat laid ,befor ethe hoase lar't yei.-'PiS'l suppUes -of iheKlearxreE, w.ref66 G4. . ads~t arnt'eAteas itrloars. T,rawsa-subaect oa .wniich wih. ed tO, adzieg&dwv',evobser,atons -to thazonXmst*-t~lBelieed, whben the qnestioko,ftbit'loan *as dscosaed';on fostmer Obiaio7e, therewbre very few persdna:who ip ed-thdt thsa ,otn*r~y wrouSl evrrciedy~pdrtion6fthelQiganmtned tothe Einpero6tofAur. ttii (hear;) sand it.wadhirt)oI7 to.sna, that t.t-a aaetbiectof by no . means-easy a utmu,Fta - b,ec,ause, !though in tct Jisnper ju,esty had received the Dibneyftomn hiacounmryj and those who lent ithe er f -Autigh d ta hi con g 7tlo rhich wourrd sindue thixntou . b$ng* hed quetihongh7 tolD asfory adustyent at0uthe eaesteiu iTyi nw AthtTiw therad topeal 4-tc a over fren whe, -wajtevtbfte*hadben saidofhim-.f-andh.) h,iad-heJsmay- rsh oeebnieratiois. aeoelietngine that vous e ,i,s tsh at 3u ind nor tbe sI oz h asuld evr ebited There w as nti the dut tIheasEmp,or virf ous oriap o red otbir h b eing In biseeaee. Hehadi the misfortune tobriognein countor wdkef rtho ernmat eit wats o thatdescsripion th Xi r the tteyoinad ab,olute. the per. formreda r ats, rof the it refl ntiutop une h nh observeandomns u a ed whcohis-peopeivetb , thist mgheitt ap t cansiure reor nr bu hierevsted;,re ofies al0 b oeto t e o conerned h mo nr va orahonor,e d honr. e ,beiun d netces.. `yto ehde the butne 'thei country". There !cuthe -oose d towas arranmentip were vtery detor ited te.' the per- nomdancx fo iitheryr ntr of Auti ol ithe ndoerto tutss under~' v-i er whihverned,anoumle,wichOAed b hi-whichle.vdr gliewrmfigbt ipear larensume a pof atmoney w bhut imoen onl ;theptisqestonp ote lobu can toeet tha obwect. un arivate hou rs irodrt,hezefore the -uetond f lte ountr cey .t woand s othisttiri noft . a n uiffinc4 ed and thoseewho had to make good the necessary. lum ptTde-noe enter Pciinto al three trulo :Thsa Austoriaths nice fedlin'gs of honour which Ied 'the>Empetor of' ben&quto'adopttheplan hich had bien a r'ieds ifto efec. Be thought thewproceeding was highy. creeitable.ioj.rh.edi,s:t eror of Austria, asedhe coiisdniothelpconssdering ctedsumetovhe edp aGodA send!.(Laughter. ) Hehased now explainedto th'ehogseall thatappa-ed tohiantoboenecesasry; asarisingoutof~ttevlt, of t,h flita,ndsof tl4 last -ear; and he would next ask of the house-to acibr.nfhm while he made-a rew obsel'iations waith respect to the finante of the present year. Hetook the customis at Ii,6Sl),90l;-'.being OfdOOL. no -mohnst-ne,sy;nipcfS lat2a.SNdei,eisu' 40,8001., because, if he erred, he ishedto err on the, right sie ,, hedidsnotthink itpre Udenthto betOefom ngtine; nD,mA lond':the who nious-changes which bad tsaken p?ace mn the depirtfinrienthi heas cu toms, from the consolidation of the customs- i three past of the oislvd, they 'n ight,he thought, safely anticipate a savWg-of:t0aOl., a year-in that part of the expeuse of colSec,tion which aros6 out op the division of different ports. Much prniie was duet~o Xs gen_ tlemen whEo hawd th'e charge of that moat efflcient ceinm,,s~ion by which the consolidation of the customs was' effctted: (heer, bear) which commission he meant to. ask' of the fouse 'ofi)omons tv prolong. (Her, h,ear). The duty they: had to. g rfomsio was at very diflicult one, and they had executedi, it aon'eritoriesly, so honesDtly, so beneficially, that he should e aora- :if thentontre were deprived of their services. (Hear, ilear). The excise he estimated at 26,62d.,000t. This was not actually snore than the produce of, las year, considering .the stoCt of alt in hand, and that the alss which .was then 'ccaszoned by tle postponerent of thu soprdtty worald not ocb r in b I-te pre. sent year. tem iould not give any verg mninutecaiKculveon at the-present moment, but yould content himitedf, wzithott orHraprng thefinances of the country, to stafe whatth xpectstii oin beh fortn_ ed,-andhich he flattered himself would proV;lvecortect, ef the pero duce of the dift'erentldepasttents; He took, theo,tthe customs at c11jS0,0001.; the exdive at 2a,n2S,WOI.' stsnp 6,itees.; taxes under- the emanragemoent of the commissionIer,sxf taxe | ,1uO,OO0. He Omade this estimate ,on the calculation thXat the assessedr taxes; togethver ith the lad t,axit-i:virett Britath , in 182a nlid 1821, -prior to. any reduatx 'of, tthse, tases having targen plau amotnted to 7,510imposi, sra4 soinc that period t4cre had been a reduction of 2,6bj ,0ct. S hic',an prTpiken fromu 7,t10,000, lefl 4,814,0001. as the ptrobable annualoatoint of tlje easseaed ad land heo &eA h e, howaeve roo tokhe une o 'f ,-ea rt nther more, lelause there wep certaiourrearshto-the aieo idt of o00,0001. Theh there.perethcproceeds frothly. iebPst-ofce, eio6tLuntinr to 1,46&0,uOl,,.and,the iniseellaneousi , no,atift *o 70,000I4 which -did a otnppeah to hrn to reqluire farPyepSIagtlnu Thien there waas l,ast,8110 on ahcout ofnte A*strian loan, thehous 62e,-to . fronm the trustees of balt.pay, so that thhe tott-prod or the e&r would he57,88WQ00l whirc wouldteave u s tsarpt1s DVe, r'is e SPentODur for th-e tbae Shw1: npacgosue a s,tep o-0tir,.bforheaueittohae stedto the w IsIedto ther Te.ight of thc t fpefiditu he wslAs' to th'o. ti,rs pomlst o.f, rldth itp"'n oistedh timnel ,.te,ab.gt eon tlie cobsolva.terd ,fufi,d,it- *a 1i6t nec. anary-toirjtm to.m, .rnretha tj1b,i,; amb-unted,:pb~7,6541l, spliesd, he nas not. awhue tl, lt t' was c t a*n s itrleo sary hayorhii, tbead pa ott b y the hmopus, o nf ce thoih h se orutg antc hedfivo Mofd sibe itt tor t. ct w as' -st ,:iidst1f'lrim to; kno.w,tbat!guppljblbr3f'r,t,be ,aripy p svya &V 'sbedaR ,ctxosir1 boiiniy pcpgplloaitl;.anthe ctOUldr ot aipe W-odTtt ,d+-'rs obew- tlerne wowho ior cothe obaet o that mos ?ricirithcti5Lsl n iebd of his wou)d~ dloypipoposcf01 ; tIem,1an'cdt'>deptn tirHe be, liev hbt e cozimnittee }iondI hh4t ue,at *SaiitEohtiO bja h maewhich tecou4nsoidat 6WlU56fthevtm ' efthtfl&ne qhel,ba r) difeen~tddCSb1O' - liu"f6non the vrlng (Ha, er. TheT ' duytc:hat wsS ;djfcat n 'nd tey acl xected- it-so'erA ia rurhe foerttaP llanonbesei4fcV et h. e oiudit etoipl4 t-if: therlto conr etstiemdat at t 2 001. Or Thi not t r e tia icnandandces Oadut wt4h -lioss Which , Wias thsen' '0=6e e hD t4 otoeeto h o-axy ol:ntocrU pored sentyea. H wol& nt gve ny ery iinte wolulsdina trefaryje-Ws of th. ou try to stae whata4iaf rd iua frm 4eds-affwichhe flattered himsel o uld roe correc, 0,o ro occurrenc e, bi d e hsesiae-o-6 calculaeen t-4 bact the aneet *Itajiotn' bee- fd-t.be.f, r*utf at - hit irit~huc un_ :,]> a -oe m a i-ltai atil-Tohw"&itttee ablin-gcvrta cog umxs5io- t;eepqb '8pl%L e- 'eh,3Rc nion;Y-Ati-hC-erectli bb-e 34etJeI . '*~Jjft such an objaect sa,ae r i t ho mar 3lid church Featbli?pthaeof 8he' yuri uuiidUp tqP? tdti$t-thej vote by hcx.}h *it3w i ai. ittthe inca' aure.ivxnat^'inEe ''r ,'t iWt i2erff&, was - le".7ibgtZ wnAbf9 $iiAiZ13& doubt. ,TFaatthiten>o of o Dnley btliPt-tijnroe baofi;7 ad vrt~eir'oi'IL'et F.to 'f'1aet b inXno oseroBper,Y.~k?' ~ ~ hd~ tou taeUalge i1li$ fi.- ttf -Xf, uri ne,),ssofi -turcr who-had a larke strtIke,n hiaidh ,foref?e righbt lion. gerst. decided ispozi a He-tustY au e anlce to a large clibs dfiri vidua1. lie ws60d itist h tations. of the partiep inter-estead IN. MIABERLYV thought ih&ibis ho'n'.frierid;, tlif- Tiuntoi). (Mi. Bain had nia&6uta veiigoodcase he Wawilling to 4dmst that the Chianeilor of the Excheqeift~ been e'rtreiniely-fair anil candid throuiou hisstteen -Chanceflbr ofI the ExchequeryL'baa tnut even stnt6ienPt& a-i conlceived, evr esn-hd ih to evenactciate..w.amely, chese rev.enule, arising fromn the riduction of tr;tr6.tq3M!l righ h.getean couild emnploy the p~tgsno aohr ofthe kingdom as profitably as the Xon-o f.rantberi enIprYed, iche revenue wouldth utedly . Gh a ciDeitaili" mented. - He diLd nlot think tht-t btsedlcttoa coiit etim ' '. mart o ut Th hequerm posed to Mnake wvere t e best that, could~ b mede bu hagred with him in -the prncine whinclih ha- douepci ngcmmece, which, he believe would h4 tebc benefiial reults.He didi not think Wh eihr 4t~ heen?quic so sklful a-he m'ight have bena ohe.je~s ducigcaxrion He-wishd th rigt hon. gent, had- adopted t4e pun hic he Mr.Maberly) hiaa s,ggeWtd 2lat yea.r f`clt, theber~a mal dui.aes. If ghe-u 'wor -tak-en whollyoen~ inseaof ber 2iO,i03la ea mgh-be, 39*dt6the~Ablic he t inthemxhs~~~,o?'it.uldk be remened.:d thehesrs ltauarb sixth on te poor thno-rerc;T eson. meamer tlse !,~. verted to.-the plan-whc the Chrich'. r Thi'e:lin,r~eeqrter Propouinded on a fomrYear for the P11Y3MV11t-ef' -pe which he -strongly c enue, obserying thtthecoetry6t ot Million and a lhalf by tha baxgain.- A MEStBRER, whose name we could not leaTil, Use~tk!CA~ ~cllor of-thie Excheqtuei *hai~was'thie amolrni oif 'th duc wicho~ ,roposed should be-mad -on inland coal ? He, aiso iogstb, mocther part of then rgt hon. gentlemanssaein e~.rdep~ iauion, The Chancelolor of the E_xcheub se~he ep )ay off'a third of the 4per cents, in Octoe.HwOeregth vent. to explain how he intended, to secthhle%ornehrdo -he.4 per cents. - The CHANCALLOR of ithe EXCHQ E st, tha could answer thO different quslions as wlase owALd tand'in b wirer in which they had beins proposed. In, anslwer to wha 'alien from the hon. inember for Coventry-(rl1e)- ,h& time when the reduction of the -duty, u-n s.lkt wts We. ,is (the Chancellor of -the E,Zcheqtierai's&de*aa, t4lfiatj~lufij hbould.cominmence on the8r 5h'of July gAlt 1e 'co"nc o 1sat th toterval between thie vresent time ~arid .th perioddWm~ aim. 'fnllntealetmp osihhad large stoeb~p ssdte h dposofiem At the sametime hefeli it necessaryt .ate ththe h&dntcon sid er hi mnelfbo und to comnmence the Teduction at that )articular time, if from the repreisentationsof thepartiesi,-terested i. ;heuld app ear to himn to be desairable t6 po stpone thim redulcti6n to I Ater -perod.- --His chidf desire-wai; to, establishi theiprinic$jle of the -eduction of the tax, and it madEi little- diffleeenee7bsther it Were :arricd, into full effeact sooner or later. He wdiuld' here observ ia -eference to what had fllUen from the honoumable;member fot raunton, that it.was certainly true that 'the-, surplus which t4 sad calculated upon wouldl not 'be' establislhed. uanless the sayment had been made on accoinsi of' thi-i Au'strian. loan-, sut then it should be recollected that. an increase of expendi. unra had been proposed in consequenc-e of the rceceipt ofthat mnoney. IThere were some inicidental charges this year of a -Faiscellaneog4 laturce, which would not occur another. -It would not be expecre. hat he should particularize all these cbarges -which -were intritable;, one 01 them, however, was occasioned by the boperationi of eaxcharog. ng the Irish tokens for the regular coin of -the reahia, qnd amouutle4 o 100,0001. Another charge arose out of certain cliai's oni thept of the United States of America, respecting some slave ships. Wn espect to the duty on inland coals, his idea was that it hi1dibeilad ;er ton. -But he wished it to be understood that he sias' not pledg4d o that particularwsm, if, upon more mature consideiiiiod, it should .ppear to him to-be, either too large ot too small. - A6 wisahed tO -stablish the principle, that inland coals should not be-subjected tq higher duty than they could fairly bear. Sir I. COFFIN expressed his pleasure at finding that the countr~ vould soon be relieved altogether fztom the burden of -the salt tax Mlr. E. ELLICE said he was haippy to find that-the right hoe.- tent. was willing to grant the persons interested in the silk ;nanu. acture time toi make those arrangements whichi the pioDposed reduc. ion of the duty rendered necessarv. An hon. member had ask-ed, iow the Chancellor of the Exchequer proposed to pay off a third if he 4p.r.cent-. inOctober? lie (MNr. lilice) thoughtt- bthtthe right ion. go-t. had very dearly stated -how that operation would be per. ormed. There was to be no selection, but each person was to ha and eff pro roata. - He conceived - that the -tatemeat which the. Jhancellor of the Exchequer had made that night would impede the petration which he had in view. If therightbon. grit. hiad only sai'4 atall those holders of 4 per cents, w-ho had not come into his am. -angement should he paid off, and then had waited to see what vould be effect of his declaration all would have been well. But eyving said that he would pay offa third only, 'the -holders would .now that he must give further notice with respect to the remainin wo.thirdsi and un ess Parliament were called togethear in October, hey would continue to hold their 4 per cents, till rnext session. Mr. JOHN SMITH (who commnenced his apeech in so lowsa one of ;voice as to be for some time inaudible in the gallenry) had no .oubt that the right hon. gentleman hadmwell considered every part- f the extensive subject upon which he had addpessed the house 'ut, amnong the miany propositions it involved, he was sorry- to ob4- erve that onew. omi:tted, -The-rirht7bor( gentleman had said not~ ,word about thie tax which'~as at preserit-levied-uo a rce. ~gs thatwas-a utice.tdear,. heal) A variety ei ircunistances, whta ouich it wasi unnecesary to mfention with more p~ cularity to the house, had induced himn (Af. Smith) to pf onsiderable attention lately to this most opprmress burden nd he suspected that hon. ge~ntlemen around hamn were not iasare l ie ruinous effects of such a tax uo the- pence, the morals and t1W ap~ l t ag.iness of the peopeatlrc NlKoaman could c6mmence an actia i hingland for a sum of 311. or 41. without incurring-for stamps aa4 the chrge anexens of31.or 1.more. I There wer ra gaint alne pevened hem rom en ng;(hear) s ht ret, s thy wee usble o pa 31.or 4. inthe first in8taacii -atlegsltur deerine tht thy wrevery proper persona tob, rquredo ay 1. r4. fr te ost. Ihabeep hisown misfortus ot agreat many years ago, in a case of b-ankxupltcy,to be called upo answer a bill in Chanicery- aba 3 feet high (a laugh), andre Lining' uswardis of 7,000 folios. ( la. e would not, howey~ 'eary tliehouse by, going Ito any detail of the unflsir, oppressig nd vexatious chargeswhIch were impos6ed uon,all common a nd equity proceedings. A friend ofhis had informed him, thit )ine time since a case occurred in the Couirt of- Chancery, entitlMd Roe v. Giidgean,", in which Roe called upon Gudgeon to fuimirSh !train accounts. rhe defendant, in his -reply sbmtetoh )rdship, that he hoped he shiould not be called on by the Court-ti irnish such accounts: for that if he did, it would be an expenset im of 29,0001. (Hear.) Was it fitting that the subjects of thu ingdo should be thus taxed, wvhile seeking in that whicht shouM etie mout sacred of all courts of justice-their own riglits ? (Hears) La would appeal to the right hon. gent. himnself wiseter it was oitt tting and tight, that at the verymnoment we had done with taxaticEi, it were, or wore in the happy state of repealiag taxes, jnsti lould be administered much mote cheaply ? A celebnrai Lathor., who had written most admirably uopo this subject, had de. ned justice to be" tmat security, which the government of a con4r ave to individuals for all that they held most dear-thei proPer#,, stir character,thieir honour, and their lives." No man,o cqmin~I ruse would wish to go to lair, under the p reseat weight of law 4a es but sometimes he wouldl be compelledrto do so for the ureter. anon of his property, or the vindication Of his charaicter. Yet 1. ,as a well-known fact, that atnong the laboaringc*ssea of society, o iman was ever unlucky enough to get inito a law-suit, withd4l a being predicated by all his friends ancti neigbbours that hr 'as rett sure to to gaol before it was termininttdV RHe (MD mith) when heecaled th.enotice of the right hons. en.-eothe-crylk vhs o2such a system of oppressive tsxation .as &hie iust be' iC nested him to examine whether or no hia stateineats wC-e re ve-ce mured or exaggerated ? -le was very sure lha'hs-i~y wouild dclai ic right hon. genitleman's attentli6u, aitb6isijbim-le bad to('o 014 ad occasion to regret that affairs of office seejned-to -prevenit offldW intlemertsometimies(wrhether Inm notion~ offalsi dignity ordeli. icy) from giving as much of their 'consitleratijuri. to, these r6at' inas they should do. Ic h Ad, -indeca, been saLid, 0ial 'law became cheaper, litigation would grow snore common, for that se whole country would become exceeduingly litigiolus, and tyYY Ian, pon he sightet prtext, wo ld eringing his action agaistt sothr.- He(M. 8mthyhld~a~ ~e,untWould -prove -no st ing.Perhps, wre tese lw duieso taxes diminishbed, tbso iigt, t frs, b soe icraseof auss but this evil would sot suapearbefoe te failiy wih wichwrongs woul-d be then 1E~_ Dove the age of 30, who had not at so etieooheofhis lil istained somie injury in hi propert1', which hie. had sorortedlO ie law in order to remedy, from a tear of usinni hsfos-t;W. ill greater inijury by such ain application (Harum.h; asralt 'constant, bayof every-day oceuxrenceI aiohpee oir If but Lifcwvdays ago. (Hear, hear.) Teewrsm o.grtt ien, whom bhe did not now ace iiithei lcs~woeogt i ast he suspected as much from thelaggetyhtat A cpenses were very good end useful thnsad hrtnit as,, that no iman, for instance,oghtocnradbt it constanit forerunner Of legal --chags for d h t dbt as -he bane qf -all private anti pbi happine~s id credit the ruin of ihose to vrhom it was givn u iue h he. !ntlemndn knew libtutWhat was tht statebof iocist in England; they acw not thai credit Was'the_ ba'sis of our prosperts, and the foIDse Ltion Of all the-property in the country. And wit1U~ detainingthi 5,use witi; fuitber instances, ho wouLdt only mentfon that be~ knee- country sbop-,keeper who haiAl, at one timne, 2001. owing to hilll om some labourers residing in the neighbourhood. They Witt nable to~pay the individual- that season ; buit the -whole gtmountd as punctujally repaid at the subsequent 'harveat...-so untu ait ;a maxim, that credit ruined those to whom it was gvn A u)w came to another iointon which lie wishedl to say swor afore he sat down. Hehad heard with the utmnosttpsil lents anl this applitanon ef money,even if be4hould stand in tli Ouse alone. (;heers from, .the -oPpostiion.' When so lago portion-indeed the largest poftionfof- 'tbe - peoDple of tho ingdoins possessid not the meap& necemssry to enable them iQ. ay for the expenses of justice, he -woul&-saintabn that it wa. terfley e-and ht?hsd-aW6ioa aadh a y ntsrbr.term... ti a je t. n U03d0f,Ol. tb,' ilf - tllfp btt-lihhsic a6e._ Iet it rineinberecl" thaf -meni4ywisa-be~ttr th'an z e.'?(a K-feari he*r'. ,etithetn--have snnie mercy pou t thi r-gcountikits- And"i nea., bile,'h be - cud nbthkfbi,-fr6sih 6 nkiv tmch-aps'~iibO HWso t-Ibis. tBat-th&IdLa aswniehinl" Qosai ---xats- hole~ t}*~~~~~~~~~~~~~~~~~~~~~~tf '(atr 8 .het.) Revertingtt wh-h isdared ai-ae 'Wbulai vote it wlfh p1egstfA. wisensijerit shoidid fal to his lot, to Pro. nose it (Hqur, licr.) The~a ipie ojt'Q~il ein- t tnded'thatpartof the money recetly obtaiiibfei-om AuatriMthOild be kuplied-he alludea,to the repairs of Wndsor Calstle .tlrit. noble iia. ancient iesidence of the KIings of Engiand: l ie was conwinced Stiat th'epeople of Engzland, with' thelr.attachmenrt to cOnstitutional mottatchy; ancl with that proper pride which they.have always felt, in ebaferring on their monarctes every thing which cani add' to their real dignity, wouald noit deem it either inconsistent with their -fieel- ings orinjurious to their character, to vote the application of part of ith is money to the repairs of that noble and vener-able structurm He would mit hawathe committee suppos for a moment that eithier his Majesty or.himnself had any wish to throw the puLblic mioney away oait. (Cries of "No, no," and&a laugha, on the dpposition b'enched.) He did not k-now 'he mneaning of cries which hie had just heard, Hre wou1d, however, tell those who. had raised them first of all, thAt Windssor CpMtle requirird considerable repair and ther'efore thit some6 expense must at any' rate be incur'red. That being the case, it appeared- to hils Majesty's Ministers- that some alteration erught be conveM~ently effected at the same time In some of the biiildirig6 belonging to it, and also that some additions might bye readdid 'o the'domasni encircling it. So f'4r, however, was any body frosts haying a desire that the money- sholuld be icily or use. leasly expendled, as certain honourable members seemed to ap- prehend,. that it was the I expres desire of his AMajesty that the ex*editure of it should not bie controlleA by himself or by 'any ohe'branch cf the 'Government. The Government was also auxious that the money should be vested7in a commission appointed for that purpose. (Hear, hear.) Hle was not at that mome nt pie- vaared to name the persons who were to form that commjssion Ut lie could assure.the committee that the selection of them wouldI he resde without any reference to the political parties by which that irouse was divided, and that the whole duties of it would he dis. dirargted with as mruch ability, integrity, and utility to the nation ais had ever been dislyd yaycomsio htver. Thetoral sum -whiclR he shourd kint ?or this object would be 300,0001. ;but h6 intended to take onlyr. 150,0001. this year, and to throw the re- siraining 150,0001. oyer the next two years. .(Hear, hear.) There was% another object to which the attention of the committee ought to be directed, and which was placedl within the scope ot the same p,rin. cinle which he had already laid down withi regard to the application* of part of thase unexpected resources. In the last session of Par, Jiarnent, in thediscussion which rook place on the muinificent gif't of thae.Ring's library, and on tire building to which it was to be aporo- priated, he thiought that there prevailed i very general Feeling in the irons'-, that in the present situation ot the count-ry, it didi not becomne Parliament, as tOm representative of the nattion, to act a njiggard's 'sart in the promotion of the fine arts. As a mere matter of money "ge would niot pretend to stiy that some objections might not beure igainst the Fant which hie was now going to recomimend ;but taking iny a broaaer and nobler point of view-looking at the connexion of tie arts with the glory land dignity of the nattion, nnd indeed, with jeery thiing that cdigniifies al ennobles map in his individual 'caps- ty-he deemed it consistent with the principles which a great as. ion ought to adopt, to stand forward as the patron of the arts, and togive much and largelyto their promiotion.anrt support. (Cheers.) As an unexpected chance had thrown into the handst of Parliament a fendc upon which it had a right to draw, his MajestY's Mtinistersfelt that-w'hen alargee&itction ofvaluablepictures wasofferedtotlrem for sale, there- were many motives of liberal policy, inviting them to lay the foundation of a nat ional gallery. In consequence, thiey entered into a tiLegotiastien with the representatives of Mr. Angerstein to puir- rhasrs- his pictures, atnd concludled it by purchasing therm for 57,0001. He hadti ow stated the principles on whichi he advocated this grant. He erougt tht itwoud beprodctiv ofgreat ~advantage to the ounry; re new hatif terehad eena national gallery, the ibealiy o indvidalswoud hae frnihedit long since with sOtie o th noles spcimns f. rt n existence. HJe was spea-k- ingof iremstnce wihinhisownknowledge; for at this very momet is -kew tat terewas colection of pictures, which, -through th generosity of their owner, would soon find *their *ay'It this nat,oDal gallery. (Hear, hear.) He thought -that the -e-xample of this public-spirited individuial would be fa.1lowed., by many others ; and if the result of it were a col. lection of all the treasures of art now in the country, with what- feelings 6f pride would elvery Englishman gaze uponi them, wkhe he recollected that they, were the free gifts of his high. minded aiduntryrmen-not the rified plunder of pillagedi palaces, or the blood-stained spoils of violated altars. (Cheers). Thie sum which he wanted for the accomplishment of this object was 60,0001. (Hear, hear). He had now informed the houscof the three items for which h is MNajesty's g0overnment thought fit to ask the corn. riutee to giv a pcal vote out of the special resources which had coeunder its disposal (flear, hear.) If the committe should thinpzoer o sncton tis xpeditre,there would be a surplus of revene abve ependturefor te yers 123 ad 184, o 2,76.0611., ariingfror he urpusin 829of ,70,951. ad from the surpus i 182 of ,05,076. Beore,howeer,he stated the moe in hich tat suplus wuld b madeavailable to the public service, he felti eesr t o bring urrder the consLideration of the honourbegntmn the subject upon which they had professedly entere th o te. The committee miipt be aware, that the state of public credit was at the present mo- mnent so flouristiing as to have reduced considerably the interest of money, ntd the Government had, int consequence, upon looking at the situation ef this country, and iis relations with foreign Powers, andl upon finding that there was no visible, and,he might almost add, no nviibl grund fr anticipating any interruption of tranquillity, felt it to be matter of duty- to avail itself of that generatlrdcino interest to effect a reduction of the interest on that prionox h public debt on which a higher rate of interest was paid than could now be obtainedI from any body of private rndividuale. The committee would be aware, -hat he was now alluding to the 4 prtens The aount of this stock was abogt 75,000,0001., and thie cosurse wheicahmhe intended to tak-e regarding it wras of a very short and simple nature. Before he proceeded to describe it, he ought to mention to the commnittee howv the law stood with regard to this stockt, because it differed in some very important particulars from th_- law regulating the 5 per cents. WVith regard to that stock, there was sio obligation upon th Government to give any notice to the holdlers of therr intention to pay it off. The consequence was, that the house haLd an undoubted right to take the course *hich it had taken twro sessions ago, and to give notice, that every person who id ot,at he xpirtio offou wcks,dissent from the pro. posl o reeivng pe cet, nstad f Spercent., should be con. sideed a asentig toIt.In tat cse,dissent was required, and ot a~ea; an evry bdy new the succesful result whic hadattededthatmeasre. With regard, however, ut the 4 per cents, te law wvas different. The acet of Par- liarrint by which they- were regulated, required Government togye six months' notice of itsintent~ion to pay them off. The con- sequence was, that no individual holder could be paid off without such notice; and therefore, if the Government applied the same prin- ciple of dissent toi them, as it had formnerly applied to the five pe.r cents., six months must elapse before it could ascertain what sum of money would he requisite to pay them off. Now what he pro. pisel to 'do at present was this.-to gcive not:ce to all the holdersi of four per cents, that they, wo~uld be paidt off, exc-ept they as. sented within the space of six weeks to receive 1001. in the three andl half per centu, for 1001. in the presnt four per cents. ; and the proportion which he intended to) pay off in the n3ext October, -which would be the earliest period at whichi the reduction could take place, would he one-third, supposing that cither aull or none of them dissented. Ile would illustrate what he meant by an instance. Supposing one-third of the holders to assent, then there would remain 50 mririons to be paid oT, and of this sum he should propose that one-third slioiild he paid oil' in the next October. If none assented, there would be 75 mil- liens to be paid o ff, and in that case hie should pay off a third of the whole, or 25 mIllions ; whereas, if one third assented, he shouild then pay off one thirdl of the 50 millions which would be left, or a sum amounting to between 16 and 17 millions. The option which he should give to the holders oyf this stock, would be to be paid off' at that rime, or to receive 1001. ins the 3,~ per cents., upon an under- standing, that that stock should not be lia-ble to be paid off for five years-namnely till October, 1829 ; thus pglacing upon the samne fotn te alerls of the old and of thenew 3J per cents. The comi- m~itteewould see, that when the Government enteredl upon a trans. action of this great: extent,it couldahardly beje,pected that thcyshould Ire- able to accomplish it, without holdixg out some advantages to ghose who came Gito their views. On that account it would be ne- cessarto offer them eitherabonus in money,oran extension in time. Now hie conceived it to be better to offer them an extension in time than a bonuas in money ; because a bonus in money was calculated to intercept the operation of the sinkIng fund, and to impede the other finiancial pl50af Governmenut. Hehadbe'fore8tateld thetime which he would allow, perons for their assent, and he would now agd, that people out 'of the kingdom would be allowed a similar extinsion of ti'me to that whi h had been allowed in the case of the 5 per cents The resuilt of this mesre would be an annual saving of 375,0001., or a saving of balf per cet. on the interest of' 75M,00,001. Such was the measure which he bad to propose to Parliament upon this stubject; and if Parliament should saincton it with its approbation, he shouild ask of the committee to accompany him in his views he. yon,d the present year, in ordler that they might see the situation in whrch thecountTy was'likely to stand, supposing thattbe peaceshould cotne hich lee really believed that it would, at the end of the year182. H wihedto,car-v theasttention of tlse committee to tha pont-ot hathepreteniled to speak vith any degre of pro. plrticinsirtio. bt hat he thought that if the counitry remained at eac til he ndof heyear 1827, under all the advantages whih i deive frm te enevolence of Providence, and the en- perntiesngcae f Parliament in checking and controliing its ex- penitue. t wuldbe evident to all that there would be a progres- siv Inrese f rveue fonudled upon thle incre'asing prosperity of the country; rr, in case of war, wliich lie for one djidnot anlticipate, such an increasel4 capability of meeting it us would render us formni- dable to every nation in Europe. In the latter case some alteration wouldi undoutedly be ntmcesarr in the arran eents which he was now contctnplating ; andI Par lament woulg, in all probability, be compelledI to makce what &t had hitherto never made in vain...an appeal to the public spirit of the nation in support of its honour and in vindication of its dignity. 'Fhe view which he intended to plae bfor th comittee would enable the country to discern theproer olcy hic itouht o prse, and might perhaps pre. yantit romtakig sme f thse ashand lhasty resolutions, which, &n~uiou asthe alayswer topriate individuals, were doubly to~ bli comuniies Heshould assume the statement madeof te reenueforthe ear 1824 as the basis of tiis f~esrxre calcultione; and he thoug t ta oojcncudb wade to it. as he haci not given an overchargei pseture et the pre- cent situation of the country. He hardly knew whether he osght to sestrt,ne to trouble the committee with the dry detail of firres rhich he had then before him, relative to this subject (Ioudcnres of lh ear); but with their permission, he would state some of theieading' items In the year 1825, he calculated that the customs would pro. educe 11,700,0001. ; the excise, 25,475,0001. ; stamnps, 6,800,0001. ; taxes, 4,800,0001.; the post-office, 1,460,0001. ; and the miscelin. ueous, 730,OOOL, taking them nearly at the same rate with that at wInch they were at present. In 1827, he calculated that the-customs suild amount to 11,760,0OL which wasabout 250000L above their producetbisyear.- Hemustnow explain tothecommitteehow hearriv. -dat this conclusion with reference to ihe_presentyear. He calculated on an increase of 50 0001. in the'tourse oft'he present year when cer- tain xeasures, wbici were now in contemplation,sliould be comDleted. Thete were items of charge which had a tendency to intercept .* pa*t of the revenue in 'its progress to the Exchequer. These .,opsisted of. certain' .utics, which during a great number of year$' iad ben, iesiewed, ar' Plarliaharent from time to time- hadl iht.th'eir conti'nuancCCeissrY. 0 orrivate ihterests hadurged * ik-m"J e.parlair1@ailludtd, for istance, to a boanty Dn the wbale * X te,- which 'esnuid of itself i' the present year. He had looke,4 * 'ntsp heqiub.ietwithil b.est attehtitbd -haVibg the assistancewoNfi of the Dbiaad of' Trade, and they.botb, * i i:thf u 4r1 qlei 'seeirg the imaintire cost and out- gt xtX istSic2 ite 9liale " ',catried';onf to;chati ttEe r' : 'bOoritw of. iSflO; ffbicli was too-cdrom. r13 tve thej sligthrtest possible effect-':usor &ui :Cde"'Tff1s bouinty;' cheteforeJ oil-he wvhal'e fshipgX bg' poleX td""t'e'ndt#" enrie 'ehe'd 'asw d iwith e'ihn'e .w t-vcrwc1I4 v'nety yea*~ ago, whejatlie Englih hern% fisbc?Ywa WbehintdhSfld, but- lthe ratter stood now upon a very. di er tisgOur' e rt valled'our anii ent'competitois, thi Jiitch, . in ), the:m.Aelet4 of, Euirope. *Mid this tebi~es - h ousirlkht rely ilo t was,eilik tirely independeift of 7the boanty, and owing nmetey to ithe dealer's having found ithlainterest to adoptthatW0. OcUtfl8 wichfetched: the highest price from the consunier. The herring botmty *assno loll ernecessaryt it bAdbeen givenwe.o,wedlyonlyfe3ralusmltedpteod; and'bygettui ngd ofit,the country would anunllysave7dOOoOl.There was stl~l another ciassof bounties,ofwhiich he hadlonigbeeng atisfied as to the impolicy,althoueh1for various reasons he hadfelt inclined to touch them with avery aeheate hand-he alltuied iothe bounties on linen exported.. He knew how strong a feeling there existed-in Ireland upon the subject; and he knew how importanit it was to do evr tig that reason couldI dictate to promote that manuf'acture, and every other manufacture Its which Ireland was enFraged. -There was no mai wio could feel more strongly upon the point than he did himself;' because he was consvinced-thnt thLe great cause of the pre- sent lamnentable condition of' Ireland was'a want of employ-ment, and a consequent want of that general good understandinge which al- was existed, more or less, in an industrious and occupied populationi; and tberefore it was that lie had forborne the d'uties so long, although he was convincel internally of thieir inutility ; and that he par- ticularly wished gentlemen connected with Ireland to rersneinber, that it' England gave a bounty upon the export of any manufactured ar- -icle, exceeding thie amounit of duty levied on the raw rnaterial, she positively invb.ed other countries to tax that raw material in exact proportion to the bounity which we gave upon it marnufactured. So that, in fact, we taxed ourselves to till the coffers of other countries, who would be just as niuchi alive to theic interests as we could he to ours, and nio way hehindhiand with us as to the measures by which thos,e interests could be promioted. Looking, therefore,at the bounity, undler'such-circumstances,ws armischief rather than en adViantage, ht wa'sdisposed to takesteps forgradually getting iil of it; and his recoin- ~nenldation wts , that the bounty upon inferior linens-those at about 7.-should he given up inmmeaiately; and that that upont the, hiighet ljnen-ishould be reduced ten per ccent iii each year until'the whole, by this course, shiould be entirely abolished. In thsway the reve. flue would be increasied 100,0001. a.year, anid the trade really beuie- tfitted, rather than iaMi'ired by the operation. The itetus of exciss and sitamp reurd n'o partcular explanation except that generall lie shouldstate that he did not calculate, for the next three years, ori any, specilid incrbaae ftom an in6ceased consumption. 4n increase, no doubt,' would tak-e plaece; but in a maattr of sutch consequepce he would proceed only upon certa~inty. W ith respect to the expenditure, however, of those years, hie should take the liberty of ma king a few obser-iatiou?s. Ills ealinmafes were. so framed,*as to be secur`e against presenting too sanguine a view to the house. it had been often said, that with pen and paper, .the C~haticeUo of fh Ecquer of the Ehrchequer could produce any results he thought tie- but he, for hinisell;, thiought that policy a mristaken one, and did'not' mean to pursue it. T'herefore he haLd calculated the expense of the country', for the years 3.8~f, 1826, 18271, at the same charge, except as 'to the rmiscellaneous estimiate, as the current expenfe of thre prisent year, abating farther only that decrement which *rstd naturaly'arise. upon the two falling items-of pensions and half-pay ; and bhe rtsult of-this calculation was,. that there wonl be a surpluts to the follow- ing extent ':-Yor the,year 183; a iurplus, of 4;710,9851. ; for the year 1824, a 'a`uuplus i' lf,052,07d1.-; for 125,ii surplus of 372,3451. tfor 1826,a siurplus of 447,3461., and for 1827, asssrplup of52~46l; Ehe general total giving a surplus at thp expiration of the y&irl1l27, of 4,1.35,0091.; and thiLssurplus being obtained, thernext quesuo6n was, whattodo *jth It? (Checersandlnaughter.)He thouglthetha eiihd agreat dealof good withi it ; and hewas sure, if we could, weought ; endi lie dou-bted pot that he shiould find support f'rom thep bouse as to the modein which het propoDsed to execute sodesirable a purpose, TIhe most 'obvious Mhd immnediate mode of dealing with our surplus, no doubt, would be to apply. it in.reduction.of our debt. This would be thie most imimediate mode of dealing with it, and at the first bluslv- might seem to be the best ; 'but aLt the same ;ime, no manl could look- at the smtatit0 our reyenue, and at the consequences which bad 'accrued from Ithe accumglation of our imroeense taxa- tion, without feeling' that' it mnust clearly he 'the policy of the housw to Ureview that system of taxation at every fair oppor- tunity, and to endeavour -to adopt some principle rorplacingthe in- dustry and revenue of' the country in a contlition, duritig its state of peace, to resist thei possible surprise of rar;' (Hear, hear.) And he thdrefoie did pro se, uknder the-sanction of the house, to apply the surplus to at lteast coipimencing asystem of alteration in the fiscal'atid comnierrial regulations of the ountry-a system which he believed, in its outset, would be atteni ded with great benefit, and would leave us, at the end of four years, if wisely followed up and pereveed n, n afar more fourishing conditioin then wfe were at thepreentmomnt.(Chers) Te frstartcle, then, upon which he popoed aredctin waan rtice wichalready, tos c ertain ae- gree ha atraced he ntic ofthe oue : he did not pro. mis tht h cold o agret dal pon th subject; hut he would recollect, that at an earlier periooftessinwh bha piroposed a vote with respect to certanana uis nfrinsi rits, a question had been asked with regr otedte nrm and the honourable memnber t3r Bristol swl stehnual member for Aberdeen, had urged himn vrstogy to reduce the duty on that article ; the honourable mebrfrAberdeen, mn- deed,sutcgesrn aamndment,when the report was broughtup,upon thesubect He haadenot fel-t himself at liberty at the time when that question was asked, to state what, in terms, wa s his view upon the question ; and he thought, indeed, that Ehe better mode of re- ducing the duty on rum weuld be to reduce not the annual but the permianent duty. He mneant to propose such a reductioji of the lpermanent duty on run, as would relieve: it from onie peculiar diffculy uner hichit ow lboued.No one would think it right or ossbleto edue te dty owe thn evel with thp duty paid uponBriishsp ita 'Bereoeehe ean totak,eoff at first one abll- lin an treehalpece galo duy uonrum, which would wamte theduy o tat rtclean Brtih sirtsnominally the same: he kne tht terewer dif~rnce inthemod oflevingthe two du- ditie preisel to he sme pint;but hosewho ere ffected, as to popety,in he uestors wold ecolect that the British spirits wereliale o te dty n mlt;and radngall the circumstances int cosidraton,th tw inerets,hethought, would ap, peer to be very equitabl balne.ledid not know whlat eafct the measure might hiave upon the dealing in rum but he believed that it was sound in principle; and his object shiould always he to abide by a soundr principle, even although it did not, at first s-ight, promise the most of' practical convenience and benefir. (Hear, hear.) This advaitafe, therefore,.which lie proposed togive, the africulturist of the colonies-the advantage whith, upon general1 prncpls ad no~ less upon his pressing wants, he was entitlcd to in the= maktof England -this advantage would cost the revenue about 150,0001. And the next article which he came to, was. one upon whiceh agreat deal batd been said, especially by- the hon. member for the city of Londoia, who felt warmnly, no doubt, for the interest of his const'ituents-the article which he alluded to was the duty on coals. Now it would be necessasy for him to go fully into an xplnaton f hs vew ponthi sbject, because he supposed tha, a th veymetin o tochig te dtyon coals, persons would concudetha hewaspreare torepal hattax atogether. That,I howver wa no hi inenton t peset and he would explain why t ws nt hs inenton t peset. The house had heard fromthe onouablemembr fo Staforshire the ob,jectiozn which was felt in that counitry to any diminution of.the duty on gtea-borne coal ; and, if he could not go quite so far as to join in the feeling expressed by that henourable member, yet it did happen in the long continuance of particular duties, that fnrerests sprang up absolutely out of those duties, and dependent upon them; and though it could not be argued that any given duty should ~ass untouiched for the sake of any given interest, yet it was ineqrnC tn upnu to take zare, in selecting new tatxes, that we chose suchi as woiu'ld ot lead us into the same dilemm agi. lie lioped that such a course would be found possible; butthe difficlIty was one which we had f'elt for miore than a century ; the Particular duty in question-tuse duty Qn coal-was a tax of very long staniding, and the consequences of reppeakintg it could not all at once be dealt with. Although this tax, hoiwever, could not be dispensed with, it might he modified and reduced. As it stood, it pressed un- equally upon different p arts of the kIdngdom ; and with peculiar severity upon the etty and neigbbourboo of London. tecause the duty on) sea-born*e coal delivered in the country was six shillings, awhlein London it was nin.g shillings and fourpeRce ; anad, although he felt a decided difficulty as to dealing with the whole subject, yet. he felt no difficulty in relieving the pecuiliar grievance of the city of London. He thierefore proposed to reduce the town duty of iline shillings and fotirpence and leave the daity generally standing at six shillings ; anti this measure, coupled' witn another which he shiould shortly state to the house, would, he doubted not effect considerable benefit, if not all that might be desired. Honourable members would be aware, that wh,ile, on the one band, sea-borne, coal was charged in E~on340n with this duty of, 9s. 'id. per chaldron,' there was a restricuion imposed uspen the bringing in of inland coal, eithier by canal or by the Thames. No coal could be brought from inland to London by the Thames, under a duty of 10s. per ton or chtvleron, he did not kniow exactly which but it amounted to a prohiibition; and the coal which camne (inland$ by the Girand Junction Canal, was aaddled with a tax of 7s. fis per toii, which was equal to the s. 4d. a chaldron ; with this farther restrictioft (which i udpp'rrenlytwerwaetilyq. necessary),thatonl l COtnanu)y should, under any circum- stances, be imnportet 'hs eayse.ltbamostabsurdarnlpre- postereus duty. ltwas higaso thntecoinuiodityQat; farponly a very small part othpemtd 0,Cl tons ever was imported; and hp couald not se n esnframmxt ogrcniun t It might be necessar hl h olonrad lesi-we h carried 'coa-s to Lhninwssdle ihteeoros uyo 9s. 4d. per chaldron-it might be necesayune chn;rqg. ment, to protect them against the compeiino nadca;bti the coal-proprietors of the north were lo haveareutoinht town dgty of one-third, it was 'but reasonable that the consumer should be relievetd from these absurd as.4 useless laws, and have the inland coal, if he chose to buy it, su~jjx,t to a fair and moderate dutK. And Ibis, too, would p'ut an end t I th oe which hadbee s~ataee to exist of'lisgenoious'contriiances to en,iance the price of coalsinIno bodthr natural' value, -by gdtle, men limiting the supy s hr q at suited 'their 'owii in'.. terests than the wat ftecnige. ' ca-ownier was en- titled to take thatadatg ifh'hu;'n blame 'attachled to his maldng th'bs fhsmre'"u ten it wa riht] that the consu'mer shouldbeprotectedagainst sucha practice)bylsa.vj ingthe opportunitygiyen bin, of purchasing elsewhere at , 3eyeonabli, rate. He would, coclude, therefore, upon the point, by.sayitlijtbe meant to reduce the duty in London upon coals. He believet thmt the measure would increase the consumption both of the sea-borne coal and' the inland. He was not disposed to calculate the probable loss to therevepue at exactly what would arise upon. the diminu- tion of the dut'.' he reduction of that duty, he believed, would mak.about$,OOL diWference-the actual leass wouldbe perhps 1,000 In the first ebservitions which he had th,e hono,ur to addr,e,ssto the hpuse, he bed alluded to .-hut part of his subject Upop whIch he would now exp~lgin himself more 'at large-the propriety of entering upon measures of more free and liberal policy ,in ,m, ercistile relations. Tb ere were various brancehs of our trade ,'hic~h it had b,een thoug,ht necessary to incusmber vwith high duties i respect tO'.,UOportaOD tnd again, jn the opposite direction, ,t incumber the relative' ar- I.ers of exportation with correspondig restrcion and pro- hlbitlons. Among these articles, the first' which presented itself in point of' importance was the trade in. w;ooL As the laws now stood with respect. to ihe ,teveiRue, the -duty o, foreign, ~woo, wichw~ ut of. recent eatabl 'llhmht *ag 6per lb..hav.' img be 'oiigiftally l. 'T ,'e rie se& d,t w.as imjw o lb.. av , 'ot as hd'idbeen'inost dfroneously asserted bya part of those in;' fitretteidS tl ough their con'strulctiont10 entpe IIsy dis.o,w,ed by; sixiaself u&other. officers .of the. Q o,ttomeutvYad no by jsrohihition, hut.toe the Vinepfil 6f`ti ie/Tti bl ihoQ*Wl Were in're&td,d *re' Al'ayi. told,: ""tr cghhhvelson4itW bbjebh -to'ihW;dutys6lOonk Wyou tequire se:ptdtictof.'.rhih.woolIo e .cooftedatthe.bonsuiptioa oti. eoptrt" . l . .,m the , Be?tWfil lir 'j6u'i ret .repeal ofthe9ai .j iod QI fow3 wV9W Thsilt,rQosQ1eai4-Ayre lyl1; reasna ere~ehid br the--chief- &Tower's 554 manufa41*ur6t eouslder le~ dtffr.,isctteof opin.:ionsom Jeld Ahatb wle re.e Somewee oroinionthbatap~ alteration. could ilflect 6lino:fi!t at i~U. Buadeedn~ajoility weteofopinioi,- that it wvould b6bd~ne ficil toaccee toa cn pdtie.to cons _to.a-reduction ofi tbi duywith the pr is.on of *a -feie. e poitatiois.' He owned' ththe could not se any one rewsnable . bjection whirls ioualdt be urged. by any-1pgty to that' odification. He propsed, therefore, -to reduce the piresent dt ofsixpenec on fi4reign wool to Id. as it ttood before, and -to allow the fireei exportatiiDn of' Briti'sh wool- at Id. also, and thus they wouild be enabled to swcep awa ealet sttuts ad rstrctins,nowkept u w-ith oMitta and cer~uoics ad Have knwswha, nneof whici did any good, buthadonl aied n pevetin, te bject whichi thcy were about, toatain'-naelyhato putinghe ool.radon the best possible, fooingbot fo tA mnufctuer nd rowr.Th6 apprehensiorns whih wre ntetaied ad o raso tospottem. WVhy should they -persist in tyin commerce down tote earth? 'He lle. lieved that, insta Jof os, the alteration would lead tona greater ex- tent of consumptioni the articles of-the woollen trade, Which ~yould then be borne to every iquarterof the world i'and he could anticipate n6think but the most happy and prosperous results from such an en- larged supply beingreyuged from the industry of the 13ritish people. He could sec n6thing, he repeated it, jn! the Ponseqiiencfa, but aso. lute good and he hoped for the siwp*it o?'the houise to his proposi. dion. fChecers.) The l6os upon this to the rgvenue he estimiated at 350,000l -The next item to_.eonsider wia one of great impor- tance, -as-it was a branch of trade whtich was peculiar:ly regulated by, restrictions and prokibitions.-hc alluded to the silk trAde. (Hear, hear.). The subject divided itself intotwo branches.-the high dlu- do.son thie ra~r nJte"il, and thq 1tter prohibition of the use of fo. reigir WAnvdfactisres. )He would take the lait df these 6nsiEderations- first. If&Wponulak, wbeeer ettps d .vantnge,s to ]sri, tish eommerce to fr.A,pIdT oTn the prohlblto.rysystein t Look at fioreigh nations, an] - ~ - weltl pninwihte mitst have of our policy in respect to tui' iT9tCilQflf our domes. tic manuflaetures. 'For som,- years past tfie ablest siaiesiieei,, and the ffibst iaute 'Writers upon subjeits of piationul economy,, hlad &r- rived at a conviction that to maintaiii si2nulkcturis by ai system of prohibitions was exceedinigly imp litie.. T Ihe Government had made some Progress piiremoving tboA whicts fettered. our own afikirs. Bu wredis-t topshorrwberM they w'ere ? Cduld thesasf foreign states'oftksfr 'nceitcy by what they had already aonie; or would not forrign stiaiiathoponclude that they were notverymuich in earnest_-thajt they dleadled that liberality of commercial inter-- coDurse in their heart, which they were s o frequently known to pro~ feat', It was almOst imp~ossible for'tliem not to doubt the sinicerity of those profesiotii. WIhat was die fact ? No sooner did the jmi. nisters of.- any -foxeig state lay on - high duty upon any article of 'British e on riobet, but, as vwas well known to his right honourable fi~'h~ presicled at the Board of Trade, letters and petitionsi eameiin -fromi the leading merchants in tthe par- ticular commodifidesg, alling, upon the Government to -inakte -rp- .7,monst'rances with a train of losing' ahda adverse con eeburiea predicted in case those - remonstrances shoald .be e in ai. ,Ihen the anibassadors abroad were directed to state to the govemnments at which they were resident, the injurious efFects whichi wroufd accruectoBritish-conimerce if the newdulies should be enforced. Wihat was the-general answer? W hy, they were continually m&t by the charaWtr of tho policy -at home:-." It is impossible for us to let in your articlesrwhile yau persist Minnot receiving any ofours into your portsi." It was-as impqssible fora British amhassadofrtoljnda su$ficoert angwer to oppose to ihis.argumnednzrn ad Iiomineern-it was in vain to Attempt to elude a osition of so plain and jpt;ta nature. They mut coclue tht w ~ no belief in the soundness, practi. cally~, of. that which we professed with so mucht warmth in the ab-. sn-act. He believed that the praptical good inproportion as they might have courage to try it, wouila be founa. tp c.)ceed the abstract s,umrmary. Whly not now emancipate the commerce 6f Great Bri. taln Whily not cut the cords' that tied her down to tdie earth, and let her sipring. aloft, to convey the produce of our industry to every quarter of the world ? (Cheats.) Wbat period could be more auspiciousr ? 'Evey thing prospered with us--the fi. nanices 'exhibited lexcess, traide ' was flourishing, and capital was ActutuAy floatuig about, seeking for employment. It waLs tMe very beat opportun4ity hich could be desired, to cut the bobds of ancient prejudieg which shackled the nation's energies, and spring forward with a new starp in the poursuit of national wealth. These, had hie no others to offer, wese gro4nds stefficient for his propositdons. But were there no othier argumnents which might be ad uceed, inde- pe1ndent of every considleration merely of a commercial nature? Was it not k-nown that this prohibitory systemn was the ground and foundation of Another system, which stood in opposition to the laws, and the civil order of tie s!tap ? It was only ina the course of the last session, that the honourable member for Aberdeen had, in his p lce in Parliament, shown an exarijiple ot' tlpfance to those laws (h-e'ar and laughter) by producing from his pickete'an ample Ban- dana sijk handkerciiei, and having sinfurledt before the house that unequivocal Standard of smuggling, boasted that it was impossible to pevet te liporatin ofsimlargoos (lauighter) : then, having compacetly low hisno~ in t (oudlaughter), he very delibe' ratlyreurnd t o hs ocet,~Ipa.)The honourable miember knew ery wll tht evey genlema inte hop.se was- at liberty to havetakn i awy frm hm, ecase e avowed it to be con- traban. Butcouldthat e deeed anadequate restraint, or rather could it after -that be spoe that the restric- tions couid ever be made of suffcen vail ? It was no great myptery to diyine, to say how these things found their way into the country. Those who happened to have, been upon the coast must frequently have obaervpil wjith what an uncom- fortable corpulencv the fair women of England generaly returned home, and how speedily after being delivered of their burdens, their figi re wea seen to resume their former graceful limits. (Laugliter) Where was no tntl to the devices which were pr4ctised in this waty. But ther-e w"s something behind-there wras fraud... there w#s perjury-there was the probable result of every species ofI turpitude. Crime ibegets crime...na.-mqre, i~. went on in ans,accele- I rated tzatio ;it ws a-parent conthiin,iXy bearing rq~ownis vitivs06eOcs. Smuglig, t iis sVntur~ wuldbe ikely tooead to ofletces of a deeer harcte a anthe tie-nnwrepentefuitU tur-pissimus. A man oul bej~ iithsmuglin ina pece of silk, to present to a fenile rien-anobjet nt ony nt imoral,but actually laudable.A But hey ade ra cime.Onesteptake aganst he lws,the,e I wasles reucaoe inallth ret: her wIFl,yadb,en diffi- culty in going a little farther, and taking a aleotfrthproseI of conceanlnent; the act then becomes familirt h idvda,'h all ts rai oflonoralconequnce: te advantages perhaps would be geat li woli~.exendhispratics5 nd upon a larger scale in- trodce love, sdhs,sils, ad al oter rtices:perhaps he would I mike mney-hs avaice wuld b excigd-hewould embark, in the ost espeate nderakins raher han onsnt to the failure of I lii frbddn taic Watwasth ralcosebquec? Ships were fitted out, mann, and armed- navyanbslt n,- Vy was re- quired to kep~ugigin check; ithdbeen ailvereeA to an aI previous evrigatoswere foughit-and to all the other crimesI were addedtehroso battle, and mnirder, and death. And all this simply to uphol the.interest of tite British silk maniufactures! 1 WVhen Lord bless me, Sir," (continued the right lion, gentle. man,) "1british manufattured silks are thought so well of in. floreig markets, we have only to remove these prohibitions, and they wouid obtain the p referece over the cammodities of every other country." fie hoped that thebtsise would think it high time to throw down the gildetd idol of prejadice from the foundation which it had so impro. elyusu , and to establish in its place the statue of commercialI eiberty. (bers.) Before heproceeded to deal with the duty on raw sik mportd frm theEastInde.h would address a word or twvo to te cmmerialaffiicsof tat xtesive portion of the empire. Everybodykoewthe avantges hichGreat Britain derived fromn her cmmerc withthe Est Inies, nd evry boy wasaware- of the pculir cicunisanee whih atendedthatcommrce.In gene- ralthecotonsof hos contrep eredisplaced by the cottons of Engls mauatr tog,from h ndut o hi manu- fature tke finenes ofthi fabrics, tecepeso labour, ad therooted prejudices of h natives frtepoueadinstitu.. dions of their own tereitory, sch a rslcodnthaebeen expected. This, which was very beneficial'to us, must be very pre. I judicial to them. But itmust not be reckoned as altogether bonef.. Cial -.-tmhtb-~ and it was injuriousin some points of view, mins- mchI as whateve?r ternded to prevent the people of the East Indies frmu has for ou m anfatures with products of their own, mustI be prejudicial-to our CountrY bY lesseintg the resources which the East India Company had to draw upon among the. natives for the I1 means of defence, and throwing. so muchi as was deficient uponI our own resouArces. Every consideriation of just sadl useful -policy I 'was -in favouir of admitting their goods to the home mnarket. He I rposdt rdc the auty on* raw silk imported from the East Mie frurfs.,asit now stood, to 3d. a poand ; the duty on, raw silk iorefomChina and ltaly from fis. 6id. to 6d. a pound; the I duty o'n Brazilian raw silk from 14s. 10d. to 7s. fid. per pound. All prohibition4 on mnanufactured articles should be done away ; and in. stead of them)t4'proo toami lain silk goods in thepIee at 3s. per poani 4,igured silks at: 20s. per pound, all other USis ate30 per cent. id;taffircne; and upon shoes, gloves Tibanls, laces, and1 hefA~gs..*iehcould not be kept ouit, maice the laws as severe aiiiywli201rfr i aOt dt-Vo oeo these last akrticlet, hse 'AOtsotypepared to say that the policy now Proposed sihopild bej-iernvi&itei ail -tn no respect alterable; he would rather leave it' totiuste~:tfiough he felt sure that there would not he any I speedY applieati6n for the renewal of any of the prohibitions. He had cailculated th~:i 'the loss upon these commodities would be 4,00.The iot*) loss on these seVeral duties must therefore be ~tdius ._ . . Silk.02,000 Grand otal . . 1,062,000 Multplyng his wn y tree,to omeat the loss for the years ~25,l~,l82, comined,and ading alf fr theloss of -theb curentyea 184,tat ota los wuldhe ,71,001. Deduct this I sum rpmtbot~il srpls o thedutes sthyno stod,4,135,0001. it oul leve difernceat he nd f te yar 827 infavour of I tbe re'ertue, of 418,OOOL Theae were the reducdons contemplated. I There ras one itre circumstance to wbigh he would advert, which respected tlhe trade in salt. It seemed to be a prevalent opinion that there' coald be -rio adequ'ate benefit in 'retaining the last two sllin]qgs of duty' upon it. It was impossible that the Weight of sushi. * diaty could. operate prejudicially even on per- sons his thpae a "est eircumitances. T'here was therefore no steong and bindiing resob} in'hUe nature of the impost to g ve*their I consideration to g; .ill the faith of Government was p1edged to reduce it, and that as in itelf reasoin e4oigh, (Cleers.) When- ever, the subject came on, . if the house should be of opinion as to the weight of it, they might agree upon retaining i and cutting oiF sone' other tax more eligible for reduction. It could not bnt be highly gratifying to them al to observe the state of the public accounts, although in three years last past there bad.been a Wductioi of no less than 8,000,0001., and to knqw tiat they might o-nabh jlook forwaid to the rerission of more tax& Whether'those reductions-which-he now proposed would meet with theconairenbecof.the house, he.could not say. He trust- ed that theywou'A be,ppffoved, as he ventatred to. assure the. house j that tbey hadhbej seected aggcedinf to .the best ability of himself ar;d'his riht bonifrablecolleigues, ns th6se wvhich werdinost likeily. 'to mieet ith-ibe geneallwiahesof-tbepeople. 4t was-indeed most 9VAd6irg,tPp.obwe, -tbe Atate j.of. the .on ty,whi, -with gOeCt i,m ey tet rapcb 4? its coprmerce kbdj an ifncreawringxeve- ., nue with a Aid ce expeMidire, d a diieibl sctuilW d&'eeiing....to. beet:hktW' Werblsing&il3-in ve'atthi iripow&,- und.ininffuencc._ -tion~.-poFtr5*h >as.xt rabu?seed pr.divoereid to puposesalof. I 'delfili imbitiomand-,1grandizensen,. iithough probpt tt? riiamitan uid~ righjtnkS1d 9 itcif idus id iYlu' n?w]-lkh:*sn Iwirely thiXmo -of 1,. u?tr.ibfsteiing's.neacdie,-1ut ttl.xit ul yU?tj' -veW.hiic:}he peple of-otgher .tinhasl- imLthe.-; 'TIio ineilhlie' efrect cotbdievn httu tiloi po*Wti 7;Prwiw w anI sjsl . id,wite~a & bright be s-ls1. rd7. 16t E' :'iffi tim ip andii' ri ulh - ~ O r b rto knd g: the xn tie.o having brou Osh t rhe rivalry, he 'bJh s-i9 'isie m a n y p a t e m e l iqacnw h m u tt,a lri gg tt(t4eetheir shir i ftii te 4 c idedi of the.e rioult, *he l orin 4Tv ifor:ividud1s,but forPaiLilament (hear, heir).tha calmniated aud vilified Parliament (cbeers thalh taywrt old;. h county WasIsboring with itx distress, th-t it was utterly, incapable Qibrngig te cuntry any relief, ana that it was so far gone in eoruplon~nd rro, tat it Wall necessary to overtuirn'i ltofpjy. turvy beibe an goodcould be expected. (Hear, hear.) hat did' tey nowbeJj~o? They loole bod,adte state of th'e country, olTe thle most complete reuaino hs aumnies, for auch'. he anust ever call themn. arimnhalhegratifyin. view con. all handis of smilinlg plenty..e unetitdaiation of industry-contentmtent andl prosperity, Peaceand oriter, jie ad in-handi isihuipg front the portals o an andent and cntttoa mnonaeelby, to dispense their inestimable bles( a upon the country, a~nd to7enhiven the heanis of a-hbappy, uanited,'and ,(let us never fo4ett it) a gratefulp 'IO I- (Loud and continued cheers) - "m.A I6 in rising.to' olier soone Observations- upon'ti iubject~co2 not buAt in the ~rst Place confess that h5e hapd netvetr heard, and he believed tliere`ncyer had been madIe of late yeas, so gratifyingrq 5t4t~melit as that 'which the house had ~ttst heard fri6ri the righit boa. ge,ntleman. Thie facts upon' which that statement was fhanded' a't"od,at ben okt matutrely' considered, and without a iufflcient opportunity for examining the several parti- culars hof'which it was composed, It would be very presunmptuous in any man to give a hasty opiniioni upon a topic whichrY-%s in every point of view go tmuly fmpOewnt..' liq (Mlr. Baring) mnpst, howevEr, at the same, time th at he clieeffllybore testimnony to the satisfac. tory tenoutr of thie rigsht hoDn. gentlerhan',i speech, ancd of the inten; tio~ o th G~'enmet wiqs i e,ppssed, aval himiself Of this op- ~~~~~,Vxteea of the q,negrions which the speech Ste arlylthat whichi had been last treated of,reir ed tloieidesteatrh6st Attention tbat could -be bestowed upon it. There we.re tine.or two points, the prormnentrnature of which struck him very forciA, n to which he should niow proceed to caU the. attention of tecommi,ttee. In the first place, the right hon. gontlenman's p lan of fldiance'seenmed to him to wanit that certanyi h eut which it yasso p,se would attend it, withb. whcnpa fiaceouie be relic. upon, or ought to be e'ntertaind 'ehdndoubt that the inttnroitb of the jIah was to prt-sreth cdiofhe nation in the beat possible mannier. It mnight beta'temtplcy of its detatils, rather than any want cof clearnesi hm a p.revented hiim-from accurately comprehending tevhl fishaig -bfst as far as he hacl been able to unner-standt tsee httesp posed increase was h5sdlv to be calculatduo rm'h rud proposed by theYlghibdin. 4ntleman.. Inhiesmteo ewas and Menwxs for thti and the tyast e, the righthn etea a stated' there was a surplus revenue to' the anutofl7,91.i the formner, and I' 520,0761. in thie latter, 'Prun hi clcltion, lhe had supposedl tbat ini the year 18,25 -the Nurpu w6lamut to 372,3461.; in 182l1; to 477,34,61.; and in 1827, to 522,3461. ; and lie concluded, therefoire, that' in the year last mentioned t1)e suirplus of the revenu? woiuld ainleurit to 4,135,0991. Upon this statement he jaliediipdn the house to make a prescnt sacrifice, in the way of re- pealing taxes, and adoptin crtai regulations in trade, tothe amount of 1,052;0001. lie (Mr. B seting) toght that the advantages had been too highly calcuae, n ha h reauction wase too rahly. mnade. For examp, thngt oorble genitleman had pro ae to reduce the duty oncaslon20,01 o100001., and hadcl culate-d upon the Inrae cnupin t utfy so large a reduc-. tion. Dut even lfie hul unot htti was coDrrect, it was obvious that the cl o eelo ae was not made ujona fair es- tiniate of the annulic e,btha the additios oftesm to be received for the Autinla a een taken into the account. His (Mr. Barin's) objectionto te calculation TChe'refore was,. maily tatthereustipuf1,52001.was intended to be in per; petuicy, while t e inraeoth evenue by which it was proposedI tob me, ws t deendupon circumstances, the success of which no oe cold orese. e thiought there was no foundation whatever for he ssued urpus,and' therefore that there Was nothing to jusifyth reuctonto the amount which was proposed. WVith re. spect to the reduction which the right hon. gentlemian proposed in the 4 percents., it mitat he remenibered, that the measure would be examined out of doors with the most scrupulous accuracy. As it appeared to hiim (Air. Baring) at present, he thought it was a greater reduction thani the mieans o. thie country warranted. There was, moreover, a very considerable mistake in the cal- I culation. The right lion, gentleman stated, that he wvas by lawI compelletl to give six mionths' notice of his initention to pay off that deseni~tlon of stock ; he proposed, therefore, in compliance with this law, to give notice that the 75 millions of 4 pr cents should be paid off in October rext, uinless within sixwes from that time the persons entitled to it would consent to take the amount of their respective stock at par in the 3-i per cents. The right hon. g-entle. man, in adopting this plan, sho'uld, however, be aware, that unles he previously effccted a fedluction in the miterest;of Excheq'uer bils thete would be in the market a fund which wouldi be hoeld agis him by, the persons entitled to be paid off; because, as soon as the1 notice should be gven,all the persons holding 4,per cent. stockwouldt preferto receive thtemarket price of their etoc-k a.udE,xehequerbhils. bearinigan interest of 4 per cent., but not being worthnmore iii the mnarket than at the rate of 3 per cent., they would invest their money in that kind of' security: he (Mii. Baritg) coulda not., there. obre, see what aeavanctage the right hon. gentleman thought to gain by c hiis measure. If the right hen. gentlemian had reduced, as still lie t rni,ght, the interest of the Exchiequer bills, then he would reduce the valne of that foind, the comnpetition of which with his proposed tcheme would be so mniscIievoiss to the latter, lie (Mr. Baring) eliihed, hnqwcvtvri particularly that it should be explained in the com- nittee uApon ,.'hat grounds it wvas that the right hon. gentleman madet mrt that the annual reduction' of 5"0,0001. would enable hini to re.t buce the taxation to the amount of. 1,059,0001. There was one very :mportant %pestion which hadl beeni touched upon-he meantt be introduction of ftoreign7 manbfactures. To the principle if this lie had no objection; but it would have be~enc pitch=mr satislkptory, if thie right hon. gent. had at the satme-I in,stte whether any conmumucationa l,..t b"n biaA on' t5 oub-' 's 'ect' with dther countries, and whether the advanitages which the a emience of inch countries was to derive from this was to be-re- taid by any reciprocal concessions on their parts. He (Mr. Baring) 'id nut say, that eve n with such reciprocY, ' Ity it would, he expedientt onadopt the measure at present ; jitwobud require great care ' andc ittention, before it could be entered upon as rapidly as the right a looi, genit. propoed, lest great Injury shiould bi- done to snany valna..t Aecbranchesof our'manufactures. In the first place, the3sik--trade could becoperated upon by this regulation, and he (Alr. Barig) hould not he surprised if very serious consequences were to result i rein it. Setting aside the alteration which it would make in comuier- C 'ial speculations generally, a still eater inconvenience, he appre- a iended, would result to the isilk-manufacturers. Tihis con- f ideration he did net say should pr~'vent the house from legislat. ngupon thesubject iftheythought fit; but itmightlbewell urged ass r easonw-fhy rery great precautiqus should be takcen before it was t1 inally resolved upo'n. Not only would the taking off a duty of 30 t, 4cr cent. upon the raw material have a considerable effect upon the t nanufacturers, but the preference which was always given to French 'v tatterns, and the- superiority of that nation in the art of dyinjir, might a eally, do serious inj urv to this branch of our trade. W hile he re. a weated, that hI& object in rising had been merely to obtain a -fuller 8 :xplanation of the means by which the right hon. gentlemran thought " hat the certain reductions which he had stated could be effected c irom the hazardous surplus upon wlhich he c-alculated, he l4 nust, however, say, that tlit statement of the right hor.ourable E Ientleman was highily satisfactory, because it would convince h .he moat incredulous of the advantages of the systerr by which Ii hoe improvenlent had, be.en effiected, and by which thke pub. bi ictroditliad beenp reserved. oven those who had objected to that I ystein (he believed thore were none such now, and that the.y had ft kever been any other than the senseless populace, w;hore huzaitng at a nublic meetings proceeded rather fromr ignorance than from a iii- s5 ioiial disapprobation of it) would at length see that the reduc- ion of the Just debt of the country, had beeni brouightabout by the fi only honest mueans which could ever have effected it, and that it never -ould have been othigrwise done, but biy shaking at the samne time t he credit of the nation, and by the sacrifice of principles which a ought never to be lost sight of. The country gentlemnen, too, of 6 ehoin, to do them justice, he had never hieard one advocate the v ibsurd projects to which he had just alluded, would he gs- ifled to see that their firmness anda consistency had enabe n hem, not only to effect the reduction of the national burdens; nut to relieve themselves from those oppressive circumstances a ebiceh had weighed so heavily upon thiem. For liiinselfl he S ooked upon it as a subject of national pride sand exultation, e hiat, recovering from a long and expensi've war, we were enabled to U ff'ct such immotvements in the finances of the country, without the l, 'iolation of- Lity honousrable principle, or of those moral obligationa ti )y *hi6h society was held together. He did not, however, chink Ii hat, flourishing as the financia condition of the country was, this g irosperity could in anyway justify the eystem which had bees pur- c ned throuighout. th ,e late war, anti particularly the measures relat, ti ng to the paper currency. The recovery, gratifying as it was, had ii 'ten effected,it should be reinembered,at the expense of the fortunes ti if thonusnds of persong, who 'had been utterly ruined, and by the Ireidful depredaiaon of the agriculture by wwhich re-sectable men -a tad been reduced to beggary, and to breaLeing stones upon tb e roads. In tI Co countryr, perhaprs, beibre ha~d so complete a revolution of property 0 teen effected by such means; and it would for ever remnain an x c d xaple of the miserable consequences of tampering.with the cur-d ency and a warning againsqt it in all future emergencies a The CHANCELLOR of the EXCHEQUER explained. He a hought that he had already explained fully the plan by which he ti neanat to effect the reduction he had proposed ; but as it appeared.the s, ion. gent. had not comprehended him entirely, he niuet have failedl o n that intention. It would be observed, that in the calculation lie 5' kad made of the produce of the last year, although he had taken the II urplus at its actual amount, lie had not estimated any increase of' t evenue on account Of the reduction. in the customns, also, he had e: aisuraedinoGatidition on account of thec progressive increase shich miglht be reaonably expectied. Nor haid he, with ti egpect to the assessed taixes, talcolated upon any improve, a neust in those which remiained. He had madle no such pros. 5 lective calculation, nor hiad nie, on the other hand, aloetiivdfor any --rese f exenitrefortee- un - our years trstn that thef k lecrement wbich might be expeated to occur 'i that n eiod. If by I hi Lny accident notnow- to be foreseen, that event should happen which a vold necessarily overturn all calculations-he meant a war, the Go- nerument tlcn'umust rely upon the public spirit of the country to u nable them to meet thb oxptezses which it would bring with it. If, a owever, thle tranquillity *which at nrc'sent prevailed should continue, a he calcolations which he had made would be found, he trusted, n lnice correct; and at the end of the time to which they reached,the b Parllainent would be enabled to judgcof the opcration of this im- p iroved system.' If any deficiency were then found, it would be the tt line to supply it, but he thought in the interim he ws entitled to P Lusime (notwithstanding-the apprehensions of the hon. gent.) that b io such deficiency would be found. Alr. -BARING said, he had not at all nisunderstood the right t0 son. gentleman. He'tlhought that tbe country would be placed in n i very dangerous situation if a war were to break out previous to Ih Dctober, and it werc then caUled upon to pay 25,000,0001. "Instead a )f keeping up 'a large floating debt as the right hon. gentleman k iroposed to do, it would be better to employ the money as a s, inking p aiid to purchase the 3 per cents. above 901 ' a Mr. E.2EILICE rose to ask the rieht hon..gent. opposieWa net. i6nritefeinK to ap:atitslsar subject, in which he3{lr.D ieV), trom - isitia,i9ms as. the represimta iye. ofoheo the greatestt Alk man. -I 'acturing towns' in the .kingdom,. felt - peculiarly .interes&tL Y 9beziighthon.' Ientlen*# bhad stited, *sathe'intended to' redue . hie '4ty: on 's'tske; ifhintdiatelyA,. lie'H a afrjid; chit if the right i/ son. gent, erned hsis iesolutXsni into effecc, it .oald occa)on the fr ret:eatncoin7venience and dist1tst amongst the sik inanuflictui -t inygreae'and sudden . redyctio ,wbrehi.*oulssilkrislly iffeeL the k unnui dtl ~tix;ieyu thK of th:,sppearl, he would Ike luiptaat -'lri ALORAFT fii inUch obblgediojbi;hoaountble nritd vIoiJ. hi just ant down, for what he bi did onthe subject ofthisse ]XIAsek Thit w et of a chzatthe moat odious-ind oppresi - 5iV%x7eremonghreyfimrect ifeaIttifon, which the people Of this1hntry hba i 'ght to ncit wte:d he now done away with. Bunttsparticularlr wished to aulAbheright hon. gentleman what w*x Ieted ita be donse about the repeal Mf the presenat du'ty on sil? A{lle*.) The right hon. gentleman had said nothingnpon tbispoint I ihat1as very direct, but merelythcsw out an observation or two up- -5~ othe iisere*}ng amount ot the duty. At the same time the pledge, thesolsicsn engagement that Parliament was under to the peoPle, W55 ot towbe Ab :a-moment forgotten. That was-that on te 6th1 of Janusrt, I825 this tax .Ws to terminate; and he (Mgr. Calraft) was still di opinibn that Parliament ought to redeem itr pledite by taking espeelal care thait at the appointed time the duty should be holly remitted, (Hear.) Some individuals he knew, did find their wvayto the right hon. gentleman, who would be well pleased to see this tax increased *and while such a nest-egg was suffereto re- main, he thought: would not long remain eyen az the reduccd rate a,twhich, hbppily, it now tod. These, however, were interested ndividuals- and not the consmrs. We should call on the right ho- gentleman to redeem his pledge, being well satisfied that no re- peaeOf s tax would be so gratefiul cr. useful to the people as the com- lete-rep,e4lotthettduty.Vith regoectto the rerlongandluminous speech oPtbeight hon.gnt., he would say that hehadheen very much di"Opolinted with it. With repect to the wool tax, he had no iort ofobjection to its repeal; but as to the condition attached to it, that,he thoughtewould create agreatdeal of dissatisfaction among the manufacturems As to the coasltax, he considered that the Chan. cedlorof the Exclequerhad acted very judiciously in entertaining the proposition ke had broughtforward. It was a partial unfair, an Oppressive tax, partictlarlv as it bore uon the manu?Saturers and Inhabitants ofthe metropolis and the adjacent counties. He was not so -fully disposed to concur with the right hon. gent. about the silk duties; for he thought that the eompetition to which our silk manu- facierers were now about to be exposed, would be attended with ru- sous consequences. The case might be different, if tn principle of redprodttyf unon which we professed to' act were observed towards -us by otherrations. The repeal, indeed, of the tax on he raw ma- teqat was a judicious and preferablemeasure; for it was giving an energy to thc manufacture which it never while oppres:ned with the Wesent enormous duties, could exercise. 'ihe views embraced in the right bon. genneman's statemensL extended up to the year 1827; so that beyend the amount which he had mernnioned, the country for four years to come was to expect no further relief from taxation. To him (Mr. Caleraft) this neemed a most ditcou- aging prospect indeea. All that the right bonourable gentle- rnan expected of surplus, as of the growing produce of the re- venue in that pernod,he had applied to certain distinct and defi. nite purposes; but the plan did not lembTace the further teduc- tion of taxes. With regard to the sOe.oooi. for building newr churches, unquestionably no man would oppose such a arant *ho *aw the necessity fox it: but if they looked at what had been the -effect of the enormous appronriadlon already madet the dsm o,WJct 0,000,0001.), he did not think they would find that the demand for buildings of this kind hadi so much increased as to jaugnf the fur. tbser a pphlcton of 500,0001.a sum which, both on mom atnd reh c nious grounds, might be much better disposed of (hear),-to the relief, for ecample, of the burdens of the people. The hon. gent., atter expressing his concurretce in the proposluton mr respect of the repair, &c7 for Windsor Castle, concuded by Tecommending the utmost possible cxtent of reduction of taxes, as due to the spirit and energy thaet had been displatyedl by the people. The CHANCELLOR of the EXCHEQUER. ssid that no per- son was mnore convincedt of the last assertion made by the honourable gentleman, or had more freauently urged the jsme consideration on the house. As to the ditterent items which he had selected in his statement, as proper for the purposes of improvement or reduction, it was possible he might haye made, out ef the number to l-e considered, a wrong choice. It might seem strangc, but expetience proved that there was as much diflicultv to be encountered in determining what taxes ought to be taken A, as there was in ascertaining what might be put oni, with the least pos- sible injury to the public interest. He begged to assure hon. gen. tlemen that it was matter of much difficulty to weigh the reasons for repesling one tax, against those which might be urged fof the repeal ofanother; atnd the prindple upon which he had acted in the selection he had made was, that the result of his plan would ena- ble Parliament to provide the means of effecting, at a fature time, a further reduction of taxation; whereas he conce-yed that the repeal of those other duties and taxes that had been adverted to, if eftkcted,would not leave to Parliament the means offuture reduction. He begged to assure the hon. member for Alidhurst (Mr. Smith) that the subject he had addressed the committee upon, had not escaped his observation. He was quite aware that there was a deFree of oppression about the operation of the duties in question. In balancing, however, one duty against another, he (the Chancellor of the Exchequer) bad been led to think it would be more advantageous to begin by endeavouring to efhect the other objects to which he had called the atten. tion of the committee, than bv attempting the attainment of other end,5 which, however desirable they might be, would not enable Parilament to repeal other taxes in future. The course he had that night recommended he stil considered to be that which would prove mostbeneficial to the public. (Hear.) MIr. BROUGHAiSi concurrel with his hon. friend the member for Wareham, in feeling considerable disappointment at the project wbich had been that night laid before the committee. (Hear.) In so saying, let it not be fer a moment supposed that he wished to treat with the slightest disrespect those very sound and enlightened principles of commercial policy which the Chancellor of the Exche. quer had so clearly and broadly recognized. He gave that right hon. gentleman entire credit for them (hear); but thoagh much was to be said in favour of some of the objects to which they bhd been applied, yet after such a statement it became impossible that a per. son should pledge himselfto support any of the particular. views that 'thad taken, withoutmuchfurtherexauminationandinquiry. He hid - ioticcelmy:polnst.uon 7w fiC3,kaxsatteenobesrved bythernemb~er, for Tauznton (iU1r. Baring), it was not to be supposed that hon. gentlemen could come to any decided opinion without previous deli. beration. He, for one, was indeedprempared to approve generally of those measures of change in our commercial policy which the statement alluded to. And first, in respect to the repeal of boun- ties; be did not imaine there could be two opinions upon all that the right honourable gentleman had said on this subject; the effect of which was, that upon the herring fishery and linen trade there would be saved about 170,0001. A saving, thus considerable In itself, was rendered still more valua4le, hy the reflectioni, that it was recovered upon principles which the hous2 on all sides seemed disposed to adopt as those which should govern our commercial transactions; and upon the assurance that such gret advantage was at the same time zecured to the present trade, as to render the bounties unnecessary. (Hear.) Generally sPaking, he could not but approve of the relief which was proposed to be given by the right hon. gent. to the silk trade, or the partial repeal of the silk duties. But much of the benefit of this mneasure must depend on the time at which it might be carried into effect-bhe sort of notice to be given to parties-and (he would add) the inclination of the right hon. gent.'s ows mind in respect of the various representations that would be made to him by persons who might have large stocks on hand. How these circumstances might operate, he (Milr. Brougham) coutld not predict; but he thouglt that this question would not find its way to the pub. Iic, without exciting considerable alarms, upon its being known that extensive claims in the way of indemnities would be made by individuals upon the Government. And he did contend, that Parliament ought to hold a very tight hand, indeed, over any issues of public rmoney that it might be proposed to make for such indemnides. It must be confessed that this in. convenicnce existed a good deal in the nature of things. It was impoAsible, almost, ever to effect any great alterations- improve. ments, though they might be--in local and commrercial property, without much present injury. (Uear.) It was impossible for them to trace back their steps from the exercise of wrong prise. dple to right principles, without Workbig injury or mischief to ,ome exteCnL It had beer. well said, that one of the maiseries of a bad systaLnof government or rommeree wvs, that they could not find their way back through former errorn, without, during some in. tervals, doing still gzeatcr injury than would have been worked iu . the same space f time had the oldsystem continued. But if aiews of conmercial improvement, founded upon such principles as the right honourable gentletras had been stating, could be carried into eftect, conEistently with the good of the whole natiou(that depodit which was intrusted to the care of Parliament),_.it would he the duty ofthelegislaturcatoutly and manfully to support the Government in effecting them. (llear.) R"Cerving hisopinion,however, of the pro- posed rmeasures in their details, he wished to be understood as at present expressing his approbation of their principles only. His great objectioa to the project which had been opened to the house was- not as to the repeal of the fisRery and linen bounties, for of that he 3must approve-not as to that sepeal of duties which was to be effect. ed On sik by the taking of the duty on the raw mnaterial, and thereby giving to our manufactsrer the full benefit of the repeal- not as to the relief of the coal duty, which was called for by so large a proportion of the people, and capeciglly by tbose of this meeropo_ iis and the adjoining counties-not as to the repeal of the duty on wool0accompanied by a prohibition to export the raw material_.but Is ebjection, at present, was to ene or two points, on which he woula offer a fWle observatioh s to .tle house. H e understood, then, that on the items specfied tbe rightlhpn.-AWIlomau reckoned that there would be a growivng surplus for the present year of jibout 500,0001., and. about double that ILM O ut wits to be calculated on possle other branches of the revenue. Now tvtis being the statement of the srptlus which -saz to he Av,4igble to the right hon , gentle. min, what were the efftect tbat to fo t l upon tbe execution, of his plan? The only&advnt&agv#W he (Mr. Bropgh* m) could undrtndasa-d5arising fwm it itwaistlra tc h an lik would be chsper; wool wvould not be much affected . ~-W _ r-ije jktenWg t,he duty on ols ails a very good raeasure, and *oli }# ensiv felft hv tho poor. But the ulter4tiou f th-e Soiafblea such g eraenl relic . Th cn as to p m ; i!i e p ropq.edpgMon of dut w as not even suggested to be fo r. the Jef o-thea etoniierj but only of the producer; and as tb any -me*i re W lsch wo a have a. tenqency to re der-ardeqnt spv i W.sfe. .h.. h tlir thitartitle thiai "' ,or b1~hr._~t~te*be t howevei :aoiiond tlhe>peitsplei r ,spnwi'so oths phit iue~thaii~a b~sp~*n~'of iP;notuczds toa would -bzrjih the naso uueai nrte eif The-re was ye', one mode of obtiigfr h-epe relief Aen.he taxed thatt mnost heavily prese pntes wh ihwa not noticed in thte statement of the righ hngetma,btmgtbe most advarn- tageously rewased toh en,teaporainof somne part of the sinking fuind. (Hear.) Nwasnigfd,ea-peciall*v withi compound interest (a laugh,hetktobinef those err6rs that were observed to be dlaily upo th e. A very flew y1ears, per.. haps months, wouldl not pas away before areturnl to the~ trueC policy wouldsweep away this anomaly ,and his 3Majesty's mainisters would grant-(grant he would not say,for itwould be theirdut~ toextend)- not to the praLyers of the people (for it would ke their right). the full benefit of those ust and sound princisses, and that compre- hensive policy, the vaue and necessity of whiche had'been preached so long to them from that side of the house, and had been pressed upon them from out of doors., day after day, by the discunstonis of better educated, and better informed, and moare enlightened persons thant themsselve's. (A laugb, and criea of "lsbeaen" Another topi on which he had to remark was the manner in which part of Etha suim of 2 millions and a half, tsat were to be repaid us by a foreig.n power' was proposed to be applied. Ile could not hielp adverting to wh.t the right hoctourable genitleman had said with respect to the conduct of the Emperor of that country. He had no verY accurate recolleerion of the words, butt he did not remember to have ever heard any thing mu,eh more severe than what had fallen from the right hon. gentlemaLn at the close of his panegyria-... pat. negyric to wbich.he was little prepared to hear such a peroration. 'The right lion. gentleman's observation amounted to this--so highly honourable was this illustrious soveteign-~so -remarkably emcr,t in his pecuniary dealings.-so singularly distinguiished Among his brother sovereigns tor his exact sense of honour-that the right hon. gentleman could do no less tkan utter an enthusiastir pan~i for what he called a perfect "1God.send ;" seeing that this Em-. -peror had commoni hones,ty enougsh to pay us 2s. 6a. in the pound upon the moneyhe had boreowedof usso l'ong ago. Fromnhis (Mr. Brougham's) e~xperience'of commnon honesty (leut he would not go qutso far as the right hon. gent. had done in talking liberties with crwed heads) he was induced to thank God for the bouinty which we had receivee9 If he mighit go fqtrther, he would humolty hope, that the effect of the pausgcyric that hW been that night pronouncedl might be to obtain from the same individual-he would not say an. othier 2s. 64. iii the pound, for that woald be too much to hope for- but another 64. in the pound. Sixpence in the pound seemed, co he sure, a very little sum to talk about; but upon the large debt due to a multitude of despairing creditors, it would be a very considerable amont.As hehst ortof rattud, ithe mean time, that he could eyice ox he quny o Prvidnce hewould no morg vote that the mean to say that Parliament wouldoitduyfitngeedo provide. for the country's religiu intuton e t ermm bered, however, that P;&:lia t ahadaleady granted 1,000,0001. for building churches; andl grne t with singular unanimity. W'hat was stillmoeipratoth pesn consideration than the absence oopoiintthtrasws,hefact that the money -was taken fo th poetofheeplata time when they were suffering the greatestprsreoditssinh ya 181:7. (SeveraLl memnbers " No, xo."' ems ealoe oa he believed it was in 1Wi that 1,00,01o oe,frtepr pose in question, and without a mnurmr a adb h ain people otf this country. There was ntamru rmayo h clse fromf whom the money was raisedl-not even fo h isn ters; who, of necessity, were excluded from tak;ng anydairect benefit in the object of the grant. It would be a most ungracious return for the liberality of the dissenters and aectaries of aul denominations to say-that this "1God-send," as the right hon. gentleman called it, should be applied to the buildling of mnore churches, from which the whole of thei-r respectable, industrious, religiouis, and enlightened classes shiould be excluded : for if they were to be built upon the' same principle ast the other churches had lately been, these 2ects would virtually be shut out. On these grounds, he shouId oppose this vote and heartily he rejoiced fo find that he should not stand alone, tie 'would eirtainly press his~ oppositon; hea trusted the proicet would be equally oppoised out of doors; and that they who had acquiiredi equally with churchmen a right so to do, hynot? op. posing dhe first vote, wouild bring: their complaints before a Parlia. meant willing to redress them, as bearing in its iesind the liberal way in which the same parties had acted on a formner occasion. Then as to thedisosiionof hishal milio, i iti~huld be otherwise 1 appItd as i seeed t prsen quie i thewayof Ministers, he woul aug ges tht ter cold e n btte mensof getting rid of the money tlanthebuidingof chols. iththe1,000 0001. already sub. seAbd, ut ew hurheshadbee bult:to e sure, they were rathe magnifiet structures, and, inded hthing seemed to have beensmwa overdone altogether. utb'was very sure, that on the mos liberal scale, 2,50 col for the educationt of youth migh be built with the 500,0001. In thlat event there would not he a single pariah tn this country, 'which, if the sum wete judiciously dispoed of, would not have its school. The money Might be veste in commissioners; not to be paid, or to be paida only cin the event of the fuinds, after the erection of thie scho618, proving adequate to furnish the necessary compensation. Upon this proposition, it was very likely that he sheuld be found in a almaU minorlitY indee in that house ; bcmt out of it lie was astre of a large majority, who would think that half a million of Money instead of bring added to the 1,000 0001. already granted for b ding new churches, would be niuci more use. ful"mloyed in building schoolsi. With hisi hon. friendl (Mr. Caleraft) he perfectly- concurred-chat the salt tax must, looking toi the solemn pledge that Parliament had given, suffer a na. tural death at its aPpointed term. It would nor be the least re-. coimmendlation atcchifng to the repeAl of that tax, that the collection of tO conislclerable aibranijs of the rEvenue woulblopped 12w ff.4- and therefore the revenue would be considerablv benefite. e had nio doubt that writh the millon and a half on wfLich the right hon. gent. had cslculate&L and one or two millions taken from thesinking fund, the reductioni of taxation might yet be carried to a very considerable extent, indeed, without interfering with the funds necessary for effecting the yroposed commercial reforms. They might re- peal not only the assessed taxes, but alno those dutties which -were to be called not merely a tax, but a crying injustice and an iniquito%s burden on the most la%borious ~~nd o class of the communitv-namely, the law.du. ties, w Mch, to the disgrace of this age and nation, had been allowed to remain in their present state, at a time when all the great branches of comnmerce end revenue were establishied on better and niore en. lightened principles. These taxes might be reconsidered;, and the worst of the assessed taxes.-that on windows-might be remitted. The isonourable und learned gentleman then alluded to the case of the tea-duties in 1784, and of the coffee-duties about eleven YearS ago, as remarkable instances of the consumption of an ar- ticle increasing so miuch under a reduced ditty as eo yield an increased revenue. Upon the same principles he felt no manner: of doubt that ministers would find they could, (as in the duty of wine, the consumption of which had decreased with the inretase of duty,) by lowerinic duties, raise the revenue, while they reTteved the con. siumer, and then become enabled to remit taxes, and ligbten those burdens whichi now pressed mnost heavily on the people. Mlr. HUAME was glad to say, that he had felt very much relieved and pleased by the speech of the right hon. gent., which was a state- ment that he felt confident offered onlyan earnestof what he felthi.r. self bound end intended yet to do. The rightbhon. gentleman honestly haa expressed his surprisie that.some errors had been allowed by Government to exi8t so long and be (Mr. Hume) had hoped he would go on pursuting a pIla which he 'was sulre 'would answer the right hon. gentleman's purposes beyond his tuost:ainrutine ex- pectations. But the right hon. gentleman had stopped hall"way i had-not gone far enough on his own read. Jcr,Col ay. bea matter of congratulation to the public to know that our large mnili- tary esitablshmaent was to continuie without alteration for four years m -re ? (Hlear, hear.) Or that in that interval only I 000,0O01L or thereabouts, was tobethe aggrgate of actual saving? ~Whyhadlnot the right hon. gent. given s-ome relief to our Werst India islands ? WVhy not protect so Important abranch of our trade? He might have done so without any loss to the revenue. Thus one of the reductions proposed might liave been 7s. duty per cwt. on sugar; by whichi great relief would have been given to-the colonist, and the coinsump. tion would have increased in a snore than equal ratio. The same sort of reduiction of duty on spirits per galon, exported and imnport.. .ed, would have had the additional advantage of soon putting qown smuggling. The hon. gent. then proceeded to observe upon the -in- equaliaty of the bear duty. The rich man or the raan of competent. means, paid only 25i. per barrel, while die poor man paid 3is. lie tken insisted on the advantage of lowering the duties at the present time. H4e contended that the whole of the assessed taxes oughit to be taken off as vmb.ad the nieans by the urplus of tie sinking fuind. The Mansions of our meni of fortune would not then be deserted, and they would no longer have the inducement to expatriate themselves which at Pregent existed. This not only might be effected from the sink-ing -fUnd, bUt that MOSt iRiquitous of all taxes, the expenses of law proCeedings, which, as the hon. member for Midhurst j-ustly oh. served, was one of the first that ought to be repealed, as it bore with the gre-atest severityupon thepoor. -If the whole of the taxes which he had nientioned werereduceei,what a difference wouldit effect uo the country, and the house would not do its duty to thie publi fte did not press foy~ the reduction of cevr due of theni, instea fby ing UP stock at 20 per cent. loss.. W-ith respect to the Asra loan,1 we had paidi 22 milions, principle and intret, under all the circumnstances of difficulty in wvhich we had been inivolved ; and now 2j millorns only was to be repaid, which, instead of going to relieve thepeople,itwvasproposed t add to theunne-cessary numberofeliurches at an expense of halfa millioii. He was sure the Chancellor of the Exehecqaet could not look the house in the face and sayI that this was su prperto e soappied Itwascontrary to his own de- clard prncipes, or tis ws anexpeditre to benefit onte particti. larclas a th exene o th whle.Hetrusted that it would nmeq with decded ppostion notonlyinQtat os, but out of it. if the hous sactioed his xpeditue, e sould then say that it' had not eencalmnilad bu tht ijtuicdpagtial intc;cst8, and. noi VTMr. BOBERTS ibeggeato call theattenfion of the house to the Sinking Fund, which he considered as morecalculated to benefit the country than aU the taxes which had been repetled. The re- reaiof taxes bad net given that excitement to commerce which tbe iUnlg Fund had. Whatwax thee ects of it at the present mo- ment? It had caused tbemoney market to overflow, and liad reduced the rate of interest, and it would be the means of forcing capital into lIeland. He therefore thought the Chancelor 'of the Exchequer had chosen well, and trusted-he would go on In the same track. tL H. G. BENNET said, that he for one still continued - to think that the measure of the chang~e of. the ueur4ney"was one which was atteqded with a-greater extent of fraud thAiss Anv other legisla. tiYe measure wbich heresnemhered; for were there not tbousudi of persons ruined, net by any fault of then' vn_by no imprydincy of speculation, but by ani act of th_q qye)njtot andce' liament of the coulinry, which had de;rived themn of ther Tpro | rwa,s nd re nder ed th ~ci a bsol ute4l y Pa bu persi~ 4 w as clear the country was ettrof thn i l82~ndl8~, b~t.th~t nan must knoiw Ifttle' of the agricultural in ,eSwhlothoghit that itwasnow flourishg:| , pzt sopqrtiou, sti U n6 tht. lbourerss rcweved ish ' rtleft eibwhi ..5...b..L fding ONJ gamed D. uLETadhers nrly to xtesla DznO oif eafa stes: -sHlety 'srs'jte o pttierytsnield es ing iks for S nat the Xtie ie ofestaeing tht saltfitin tomhe houe,te duthe e'4erat otf,' far lter'u'adtiynot l bev thised.for eplirp4~oxethem*ituli- oae,kaowina wfor wany'other putyoses- ! oth arn.l, the o launiy wof bP ottery both.ve in lrzing bichknsof orabisin,i sighta clemursed wou a-lewo f soundriAtng thedbispos~iti.o h os,h Arib hard thoughlt iE hs d at d eos hsy to expr s hipinion up. it Atr. BARINn m inquired from whhat fund tae rigt t ltoenourioble gentleman proposed to pay off hiosefour per cent. stockholders who should exisstheir dissent. The CIANCELWOR of the EXCHEQUER said, that would very, iuch depend apon the amoUnt of money that would be required: it might eitherbe by loan or by, Exchequer bills, 2cco-rding to the state ofthe funds at the time. Resolutions, founded on the 4etikiscontained in the Chancellor of the Exchequer's speech, for reducing the ihterest on the 4 per cents., were then re4d and agreed to. The report to be received to.morrow. The touse then resumed. SUPPLY. The report of the committee of Suppl was brought up. Mr. WARRE wished to ask a question which regarded an item of great expense in the navy estimatsee The house were aware that a naval arsenal of great extent was constructed at Sheerness, and docks for the reception of firsetrate ships. He had been informed, that, in the principal dock (the one in which the Eart Howe was at present), for want of sufficlentbreadth there was considerable diffi. culty in caulking the ships, and in the Stone Dock at Chatham the samnefault was saidto exist. It was true the inconvenience could be partly obviated by anmode of raising the ships in the docks * butthat was a srtof expedient or patchbwork proceeding which 'was not contempated when the docki were built, Sir G. CLERK admitted that the-principal dock was too thort but by rem.oving the stones at one end, which might easily be done, it would then perfectly answer the purpose. The Earl Hoxe is the largest sluip in bis Majesty's navy, anq it was the peculiarity of her build that had occasioned the inconvenience. Mlr. HUAIE asked if it was the intention of Government to go on in expenjding the half nillion which:would be necessarr to complete these works. He remembered that t4o years ago, when'he wished an inqirry as to the expediency of these works, a gallant officcr, not nowv in h place, had said that tt w z an lrnnortant work; but that if the capacity of stesm.boatts to take ships of war up rivers had been nown sooner, it was a question vhrthetr any money would hare been expended there or not. The 4i1f1t,y oft getting the ships up and dowrn the river to and froniChathaatwts tjhe reason for under- taking the works at Sheerness; but as steam-boats coult effect that obj'ect2 he wod ask, therefore, whether. it asWA neoessarv to go on with tnese works, Sir BYAM MARTIN said the alteration in the dock could be made at a small expense. The works at Sheerness were stillneces- sary, as ships from Chatham could not go down the river with thueir guns and stores aboard. Mtr. BENNET put a question as to the repairs of the Sea WlaU. Sir G. CLERK replied (as we understood), that there was a sum of money appro,priated for the repair of the.old wall. Mr. IIOB OHUSE again putthe question which he had asked on' a formner night, as to the ineention of Gofernment to build a barrack in the Kior' s Aews. Lord FALMERSTONsaid the hon. gentleman was aware there was a barrack there already, and that works were going on, but it was a subject for future arrangement. hr. HUifE, on theresolution forgranting to his AIajesty a sup.I ply for the payment of 73,041 men, again urged his objection to rso iarge a uilitary force as 73,000 men being kept up in a time of pro. found peace. He referred to a speech. of Lord Castlereagh's on moving the estimates in 1817 when he asked for 7,000,0001.; but at the same time called upon tie house to throw out of their consi- deration above 4d millions, which never would occur again. We had certainly reduced the navy and ordnance, but stillU e had a larger establishment than in 1817. Such was the progress of reduction! There did, certainly, appear v disposition on the part of the present Ministers to act rightly* by the country, except on the point of the military establishment. He, hovwever, should not be doinm his duty, if he did not endeavour to prevail on the house to reduce the number of men. The hon. member concluded by moving,- an amendment (to reduce the vote to 63,000 men), in similar terms to the amend. ment proposed by him in the Committee. of Supply on Friday last. Lord PALMtRSTON said this question had been so fully. dis. cussed on a former night, that he should not trouble the house with re.arguing it. He rose for the purpose of setting right-an error in thc hornourable member's comparative estimate of the year 1817 and the present year. He seemed to think that the estimate of the former year was less thaa the present, when in fact we had, in 1817, 107,000 men, at an expense of, 6,664,0001., whilst in the present year the expense fell short of-4,000,0001 The house then divided- For the original resoludon, 52 1 For Mlr. Hume's amendment, 8 .Majority, 44 The other resolutions were theu read. Mr. HU3lE observed on the half pay, that there was little pro. bability of much reduction at the end of the four years which the right hon. gentleman had calculated u on The CHANCELLORofthe EXCHEQUERsaid he considered the estimate he had made as a very moderate one. Mlr. E?UMUE wished to ask the noble lord (Palmerston) to what cause the great increase of charge for the outpensioners was to be ascribed. in 1816, the charge was 720,000.L; in 1821, it rose to 940,0001.; and instead of stopping there, as might have been expect- ed, in 182 it was 966,0001.; in 1823, 1,224,0001.; and this year, 1,219,0001. Lord PALAbE?STON pncreasaithis ear wx-t. account- the wnho of the men were entitled7to pensaiong. 'Re thought it might now be supposed that the charge hid rbched its maxitnum, and in future a reduction might be expected. The report was then agreed to. On the motion of AMr. COURTZItAY, the bankruptcy laws' con- solidation bill was read a first time, and ordered to be read a second time on Wednesday next. The other orders of the day was then disposed of, and the house adjourned at TWELVF O'CLOCS_ - HOUSE OF fOmMONS. MclvrfN be'. ( i - ~ . ' ' COAL DUtES. '