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dEtnpm'al 38arltammt
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Banlmtpte, &*?
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Detnpm'al 38arltammt
dEtnpm ' al 38 arltammt
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The following report -was published by us in a late Edition on Saiurday last : — The Budget is at length out . We give below at great length , the speech of Sir Robert Pee . He is a bold man . He tells the country plainly that he will not redtice the public expenditure ; he admits hone 3 tly that the poor are robbed already as much & 3 they well can be ; and he proposes to take , directly , from the pockets of the Honejocracy the Bum cf £ 3 , 755 . 000 for meeting the deficit of the revenue , in the shape of an Income Tax . In this measure he says , that his colleagues
unanimously concur . We shall see what effect this proposal will produce upon the monied classes . There , will be a precious stir ! we calculate upon having Chartists springing up like mushrooms ! Let Dot the people however be fooled by all this . Whoever pays the Three Millions directly , tbet will hate it all to pat ih the long bto . Sir -Robert will mate no reductions . The whole dead weight must still hang upon our necks , and wiil do so while we consent to carry it . It is not in faction to relieve the people honestly ! .
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HOUSE OF COMMONS , Friday , March 11 th . In answer to a qnrsiioa from Mr . J . S Wortley , the fearful accounts from India were confirmed by Sir R . Feel . Some other business of le ? 3 conscqnence transpired , after which the lUgbt Hon . ban . brought forward hi 3
BUDGET . The Order of the Dav fir the House resolving itself into a Committee of Waj " 3 and lleana having been read , and the Speaker having left the chair , - Sir ROBERT PEEL rose , and addressed the House as foll « ws : —Sir , —As the House has consented to vote those estimates which her Majesty ' s Government have considered i % their dnty to propose for the chief military establishments of the country , I rise for the purpose of > adeeming the pledge which I gave , that 1 would avail myself of the earliest possible opportunity , consiitecily with Pirhamentary usage and public interest , to develope the views of her Majesty ? Government in reference to the financial and commercial poiicv of the country .
Sir , no man can feel more deeu . j than I do the magnitude and extent of the duties tbbt devolve upon Be—no man can feel more conscious than I do , how disproportionate are icy intellectual powers to the propar performance of these duties . Bat I should be ur . worihy of the trusi committed to me—I shouid be nnfit io attend in this place , in which Ministers of the British Crown have = rtood , if I could feel disheartened or disturbed—if 1 could abate anyth : ns of that composure and contenteduess of mind , or of that buoyancy of spirit , which oujfni to sustain everji public man when he enters on ' . he fearless and faithful discharge of a great public duty , and when he is conscious that he is actuated by no motives that are not honourable and worthy , and when he feels a
deep and intimate conviction , according to the best calculations which h ; 3 imperfect and iallisle judgment can enable him to form , that that whu * h he is abont Jo propose 13 conducive to the welfare—he might almost say essential to the well-beinjc of this grtat country . Sir , from seme of the embarrassments which accompany an official stateisest I am relieved . It is sometimes necessary to maintain great reserve—to speak with great caution ; a due regard for the pubiie interests rosy require—may impose on you the duty of matorg partial disclosures of important facts ; bar , Sir , I am embarrassed by no fetter * whatever—( cheers ) I mean to lay before you ihe truth , the unexaj ; - geraled tru ' . h ; and I do this brcaus-e I think that iu
great financial c-fik-ul'ies the first step towards improvement is to look them boldly in the face-r ( hear , hear . ) What is true of individuals—is irao oi cations—( hear , hear , hear ) There is no hope of improTemeni or recovery , if ence you consent to conceal from yourself the real difficulties with which you have to c-nter-d . Sir , I have another motive for making a fnU and unreserved disclosure . "It is my intention , o a u = e p 3 rt oi her Majesty ' s Government , to undertake the responsibility of proposing that which we think essenml to the interests of the country . " With you will rest the responsibility of adopting or rpjee'iniC-the measures which we propose ; sna it is therefore fitting , in order that yon may be able to discharge that duty , that you -hcnld have before vou
every information—every element which is neces .-ary to enable you to torn a fullar . d impartial judgment . Sir , 1 hive two requests to laake to the House . The first is , that you vrili bear in nshid that from the period whpn I bring forward ih : s staicmenf , I ara left undtr comparative disadvantagss ^—( hear . ) -1 speak particularly with ' reference io the estimates which 1 have formed from the probable revenue ' ¦? the country . 1 have deemed it ray tiir j ho : to delay the voting of the supplies urt : l the financial accounts of the year shall be ciostd . If , after my ts'ima ' . ehave been formed , with every cf sire that they sh-juid be j ; iit and arcarnt ? , I should prove to beav .-taken , I trust the House wili b :-ar in mind tha : I larsour under disadvantages with which oilers hav- not bjd to ff to
to contend . The oher r ; qu ' : S 5 I hax ^ er the House is , that you would nave the goodmi-s . to pc-.-:-pone yoar judgment nnril 1 have laid before you my whole f lan , and that you will not jarge ha ? n : y , by a partial development of my views , cor cenoiinee me as proposing something unreasorabis an < i in 5 ift to ihe people . I earnestly hope tb 3 t every mir , givi : ig to the consideration oi thi * question a full * ense o £ the real , but not insuperable d ; fi-: uiuss , wili postpone his jurgmem until he has before him the ¦ whole of ihe plav . s of tho Government—Chear , he&r , heaj-. y 1 5 hall sots- proceed , Sir , in tbe ordinary manner , to state the fac ^ s with respect to the finances and expenditure of the counry , and I wili , in the first inst 3 nc ? , refer to the csimatf- which
was formed by the R gbi Hon . Gentleman the late Chancellor of the Exchequer with respect to the probable revenue and expenditure of the country , on the 5 : h of Apr : ] , 1842 Events have proved tha ' that Ri ^ ht Hon . Gentleman ' s estimate was as nearly correct as it la possible for an estimate to be . ( Hear , hear ) I think the R'ghi Hon . Gentleman calculated that the income <> f the country rn ' uht be expected to realise the sum of £ 43310 <> 00 . Ht calculated the expenditure for the tame pound , that is . for the year ending the 5 th cf April , JS 42 , at £ 50 , 731 . 000 ! There were soma slight variations in the votes which , of coarse , the H'Sai Hon . Gentle--mt-n ccsld not foresee at tbc lizr . e when he was speaking . There Vfl ? , 1 thi-k , a vote for the Ordi
nance . Estimate ? , which was made in . : bs firs ! session of tha present Vail' -amen * , and anovhr-r foi the Caledonian Canal , which were omitted in hi : calculation ; but the amount wa = so .-. mi " , t . ha ? it . wa ? hardly worth mentioning . Tho deSrir was £ 2 . 467 , 000 Of course it is impossible to say whether the Kigh ! Hon . Gentleman ' s estimate wer ^ pprfrcrly acrurati or EOt , because the proportion for cue quarter is no given . The actual oroduce , however , of the Revenue from 5-. h April . 1841 , to the 2 oth of Fcbrpary , 184 * 2 was £ 43 . 733 . 000 . If you estimate that the receip for the current quarter of the vresent year will b equal to the receipt cf the current- qusrier of the las yrar , yon must add to the actual rtceipf " , tbe sum o £ 4 . 323 O 0 U ; consequeLtlv ihe revenue would amour
on the 5 th of Apri ! to £ 48 , 053 , 000 , bfins ! : > : ? tha : the amount estimated by the R ght Hosuurabli Gen-. leman by igl ' ji ^ OOO . " ' On the other hand , tht expsn-iivare ¦ will eoi pTobabiy be so j : r ? = at as he es timated . The acruai amount of fJeSi'it mav" pro bably be taken at £ ~ 2 324 , 000 . As I sa : d " beforf however , 1 speak to the estimates , independent o the last quarter , i am giviag the best estimate which I cst ! form . I now proceed to es'imat .- thincome for the year endinj : the 5 : h of Apnl , 1 S 43 The Customs for th ? ensuing vcar 1 est-aaie a £ 22 . 500 . W » 0- The Excise , en account of : b « un favourable season for malting Ieal ^ ulate a * £ 13 45 'i . < 0 '
Of course , as a favourable harvest has a tc-niecc ] to increase the excise revenue . 't also has at ndrh ' . 'i to diminish the amount of revenua from th- la portation' of foreign corn . On the other h-.-nd if there be an unfavourable hnrves-, an ^ i yor . r E- ; ci ? e r ^ renn ^ is in ron ? eqv , encs cimin -hed in -rccr . t then the - e s some corn ] e ~ s -ti : r . to he exre te : iron the lee-re wh -h is r ' erivel from the im ? "it ¦ f--Teign corn . I -h > 1- thea take the Cusf ^ s f or thi ye ^ r , ead ; nc the 5 th f Aprii . 18-13 . .-it £ 22 . ' 0 ( V-00 iixc-se , £ 13 , 450 , ! -OU ; Sf > zt ? F ,- £ iKW ) , < ' < - > V ; Fort offirc ' jJoL-OOOO ; Crown Lsn ^ f , ^ l . vlJ'H'J ; 53 i = cel lacejns it ; ins of re ~ ezve i . " 2 o'M . ' 0 ' » , mai-r . ? a t ' -ta e > t : m :-iei reTenne for the ve ; ir e id ins the 5 th' o
Apri ! , i 8 i 3 , of £ 43350 . 0 W 1—( hei-. ) 'jfce exiendi tur ? . r , 0 T 7 thst the H- - -u : e has = ar . rtvnei thf \« te for thj Army and ^ S&tj can be e tm : ied wit ] gTe ? ter accuracy . The i : t « r ? : t on the - "e't will I-£ 24 G 27 , 0 U 0 : terminab e anLii ti--s , £ 4 , 07 < i , 0 i : 0 ; m tsr £ --t oa Exchequer Bill- - £ 722 , OuO ; m ' ik : nj ; tr . t -til charge on accouot- ( f th = c = bt £ 2 P 425 000 . Th charges on tbe ConsohcEtsd iund , including th Civil L \ .-t , I til- e st £ 350 , 0 u 0 . 1 he : te - ^ s under thi head are sanuirerous thit , I suppose , the Holism wil not require me to go through the .-n s il . I shall thei take the whole of th-m at £ 2 . 3 * J 8 . 0 GO , mobne » tota th
charge on ; Consolidstrd ' Fund of £ 31 . 795 , 001 ) The v . t ? sfor the Arnsy if ultinu-t 2 y saF . itiontd . notamouBttnmore : haii £ 6 . G 1700 U ; n 3 vy , £ 6 639 , 000 ordnance , £ 2 . 084 , 000 ; miscellanies cliaratubie uj oi the annual grant of ParliauieEt , £ 2 8 >< 0 , 0 G 0 . Thi rote for Canada , includinj ; cl » : hi = K for volnntetrs and other parncalars , 2108 000 . it was foTmerh understood that a corresponding amount would bi expended en foniacations in that country . Thi expenditure for China 1 take ai £ 675 , 000 for thi present ysar . The T . jtj foi- Chiui consists of twi parts , ^ 175 , 000 to defray tse jit . ais of exoenditun for the present P-r . The other vote is £ 500 . 000 , U
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meet the charges which are necessary to provide for the actual expence during the year ending the 5 th of April , 1843 . The total amount of the estimated expencea of the oountry will thereby be £ 50 , 819 , 000 . The general expenditure of the country , for tbe year -ending the 5 th of April , 1843 , I take to be £ 50 . 819 , 000 , the income at £ 48 350 , 000 , and the probablti deficiency £ 2 , 569 , 000 ; but this deficiency is on the vote for the year , and the expenditure which it will be necessary to provide within the year . To thai deficiency ought to be added the charge which may be unavoidably incurred on account of Chinese hos-iliues . Irio cot contem plate any necessity to provide within tho year for more than £ 506 , 000 ; but hf would form a very inadequate estimate , indeed , of
ih ? probable cost of the expedition , who should think that the whole expence would be limited to £ 500 , 000 —( hear . ) Sir , the ex pence of our expedition to China stands thu 3 : — 1 he arrears of sums due to the East ' India Company , to April 30 , 1841 , amounted to £ 708 , 000 . A grant was made in the session of 1840 vf £ 172 000 . This left the arrears of former years to De provided for in 1841 , £ 535 000 . The estimate of the ' expenditure to the In April , 1842 , was £ 658 000 , making tne toal charge to April , 1842 , nearly £ 1 . 200 000 , or exactly £ 1 , 119 000 . There , was appl . ed to that charge a grant oi Parliament in the Ses-ion of 1841 , amounting to £ 400 . 000 , and there was al ^ o appiitd ia India mnn oy out of the ransom of Canton amounting to £ -618 , 000 - You therefore have
to settle for the cost of 18 * 1 thus : to be entered 3 ga u 5 t the charge of £ 1 . 193 , 000 , a sot-off of actual payment of the amouut of - £ 1 , 018 000 , and the arreais now amount to £ 175 000 . Looking to the ex : ei . " t of the preparations which have b ? en made r or the continuance , 1 trust for the completion , cf the Chinese war , I think you cannot safely estimate the cost for tht > year ending 5 h April , 1843 , at much less than £ 1 . 400 , 000 . We mako provision in the pr-seiit year for £ 500 000 ; but let us take the cost at £ 13 % 000 , which is tho lowest at which it can be fairiy taken , there will be a deficiency some time t oiher io be provided for of not less than £ 800 , 000 . Therefore to my es ; inn ted deficiency on the vote of £ 257 , 000 , you must not lose
sight of a probable demand of £ 700 000 , or £ 800 , 000 . Tiiere may be votes in addition to these—there may i > o ¦ v .-tes on account of A ^ tralia , and other Colonies , . which are i ; oi included in the sums I tave already >; ated . I do not take into account a charge which it will not probably be necessary for us to incur—it is no : exactly a charge ; but there are engagements into which it is necessary we should * nter n aid of the creriis of Cauada for a loan to that colony of £ 1 , 500 . 000 . But that , I apprehend , will be indepenatnt of any actual charge , and the grant will merely be pa . -i .-ed on the part of the country in aid of the credit of Canada . At the same time it is fitting that the whole si \ ie of our financial affairs should be fairly brought before th- House . Now , in addition
to all this , those facs of which we havo recently become coiinizmt , which have taken place in Aff ^ hank-tan , may as far as I can form a judgment , imposed , upon her Majss'y ' s Government the necessity of calling upon Parliament to s \ nc . ion perhaps a considerable increise to the Army Estimates for the present year . I do not think it advisable that we should come to any hc-ty decision upon that subject , in the absence of oScial information ; bit I have already recuiv . d deci-ive proofs that this House , the repreje . 'aire of a mat people , will be ready to make every tff > rt which can ba ftiown to ba necessary for the purple oi repairing occasional or partial disasters , an-i vinoi-.-aiing the authority of her Majesty in Iv . dii . Bear in mind , that in addition to any
estimate of an actual deficiency of £ 2 , 570 . 100 , in adiiui m to niy estiuia : e of tiie deficiency w ^ ich must some time or ano her be provided for on account of the po .-si ' ule expenses in China , you must add that prtbib : e demand which 1 may have to make for an increase of the military or naval establishments of this country , in consequence of tho state of our affairs in lnuia . Sir , for the purpose , as I said before of br : n * dng before the House a full and complete , view of cur financial position , I feel it my duty to refer ? o a » ubject which ras oflate occupied little of tae aitention of the Honse , but which , 1 ihink , might wiih greai adTania ^ e , have attracted more of lheir c-jii .-ivicration . 1 refer to tbe state of our Indian -Saance , & Mibject which , in former days , used to be
ih-jught not unworthy of tho consideration of Parliament . Sir , I am quite aware that there may appear io be no direct and immediate connection between the nuances of Inuiaand the fiuancesof ihis country ; but that would be a superficial vie ; v of the = tat 3 of our relations w th India . Depend upon it , if the crcd t of India snould become disordered— if some great txennn should become ncve-sary on the part of the Indian Governmrrt — 'heu the credit of England will be made to s-if . r , and t ' - ^ e collateral and indirect effect of disorder in Indian finances will be instantly felt in ihi-5 country I am sorry to say that the Indian 5 i = a :-C ' -s cfi ' -r i ; o favourable prcfp . ° < t : £ t the present tioirf- ; t , for tbe * t a 13 < . f t " : e finances of this cuntry .
I be ieve fie Inaian accourt ^ ? ra made up one mo ; th 1 . t 2 r than fie accourt ? in this cauitry . W . th re ^ trd to t ' ae accom-t , I have ev ..-ry reason t-o look on it as a correct aceouLt cf the portion of the revenue of India . This account gives a jU- . ement of tie jjross revenue in India , tbe charges paid ; and there are t . vo columns ccr . tlining an 3-soai . t of t ! ie surplus . In the year ending April , 1326 . tQkJe wjls a surplus amoui tin ; t > £ 1 . 550 , 000 in the yejr ending otn of April , i 837 , to ^ re was a surplus of £ I , 100 , ' : 00 On Vw 5 th Apnl . 1833 , it was reouccd to £ < J 50 , " 00 O . > i the 5 th of April , 18 ^ 9 , there was a surplus of £ -: 80 , 000 , and on the 5 th April , 1840 , so fir from there b ; -: ! i < j ^ ny surplc s . there was a deS-iency of £ 2 . 414 0 ( 0 . I caunot calculate the
'itfioirncy for the yt-ar 1841 at much less than £ 2 340 , 000 . The House , then , will bear in mind that in the : ulfilm ? nt of the duty which 1 have underlain , ! prtsent to them a dtiicit in the finance of this country lor the curruit year to the amount of £ 2 570 ^ 0 . How shall that deficiency be supplied 1 isiiail we persevc-re in the system which we have act . d upon for the last twenty-five years ? Shall we . in t ^ me of peace , have resort to continual loans ? Snail we try the issuing of Exchequer-bills ! Shall we revert to the caving ^ ' banks ? Shall we have re ¦ course to any of xhese expedients "which ( call them wiiareYer you please ) are ji- more nor less than a oermaaent addition to the deb' of the country ?—( ' hear , " acd cheers . ) Here we have a deficiency oi nearly £ 5 001 ' , 1 ' iil ) in two years ; and now I will a ? k what urospeci we have of a reduction in our exponoiture I Di you calculate , looking , without entering into details , locking at the condition of the whole of
our ex . « iiaed eiupire , and the demands which are nride upon us for the protection of trade , and bear-! E ^ in mind also the intelligence which has lately readied us ; k-oking , 1 say , at all these things , do you calculate that , with regard to the due honour a . ; a :-afv r > i < f the Crown and the country , that there is any pr ^ -.-pect , of a reduction in cur expenditure I 1 am bound to say I cannot . I 3 this the c-cea . - ; on of a casual deficiency iu the revenue ! Is : t a cuficiLiifij 3 ii « inj ; out of extraordinary circuni-^ t- ^ iiceo I Is ii a deficiency for the lisi two years ? Sir , it is no such thing . It is a deficiency which has been paining on us for the last seven or eight , fears . The deficiency in the revenue on the 5 h April , 18-18 , was £ 1 , 428 , 000 5 : ! i Apr . ) , 183 H , £ 430 , 000 oh April , 1 E 40 , £ 1 45 f > , 000 oh Apnl , 1841 , £ 1 , 851 , 080 5 : n April , 1842 , £ 2 334 , 000
T . - . u = fhnw ; ng a deficiency in these four year 3 of £ 7 . 502 ( jf-O . In addition to this there was the antitipii-d dcSden ^ . y of the year 1 J 543 , which ho es'ijriared at £ 2 , 570 , 000 ; thu 3 , adding this to the de-? . ei-ncy aiitady mentioned , there was a total c < : R .: e ; , ey for the six years , in raund cambers , of , t" 10 . .. 70 0 L * 0- ( hcar , hear . ) I havo here mada a full and « r . it ~ ervtd statement to the extent of the de'lcJcr : ciL-5 v . i . ' ch Pariiament h 3 S to meet . I do so , in yrd-r -has tr : s Hou-e maybe made srq-ninted w-iiVi : he exact siate which the coumry is in , and in the full cor . Sdsnce that the resources of ihis great communi-y are equal to the demand to be made upon inetj , and in the belief that the energy a : id wisdom of P : iriiamenj will be ready to direct these resources
in \ t mav . ner suiiable to the occasion —( hear , hear . ) Wei , vriih this proof of the dc-ficitn ^ . y bofore you , , wiii you have recourse to the miserable expedient 1 o : a loan 1 1 certainly shall not be a party to sach a c .-ur .-e . ( hear , hear ) With these facts before my ey s , I wo ! i ! i not disgrace the tituation which I have ii ; - . cuoar to occupy by such expcdieiits ; and 1 iiur . y ; h : nk that Parliament vri ! l adopt a-course vyhxh i- so eiinmely objectionable ! ( hear . ) I hardly v . r- \ : ti ; 2 t you , who have reduced the charges ccn-! :. - 1 : j -. v ; : h the postage of the country , and who have ¦ in the preamble of the bill in relationto that subject , !¦!• yjicJ yourselves to redtem any loss arising from : tne reduction wbtch has taken place iu consequence o ; thit reduction—yon will r . ot havo recourse to the ejs- c ich you bavc iLVt-ii , aiid which 1 warced you not ro give , ~
U . -ar , hear ); bv . i V aving given it , 1 C 3 ll on you now to ¦ rcdetni it . H . huwever , you nru ret bound by the ' pieces of _\ cur piece -e £ ? ors , you are bound at all eytiits by the eugagemeit- ? you have mac " e ; for aliLO-t the fir . t vote you gave ait ^ r your edition : was tho auo t on of a resc ' ution t > the etie t t- t 't was : " mpo-sib ! e aiy longer to perm t : hi : itate 0 : things which exi' -ted , nnd v ^ hirh pre-1 seuted nothing bs t a cr ¦ i . tiuual deScieiicy of the ! rcTenre , sud thit you would apply your . ' elves ' Viithout delay to the consideration of tbe h ' nan-! cial state of th = j couitry , with the view ofadojtj ing fome means for equalising its revenue and exi pcnditu . e—( uear , hear ) . I apprdieud , therefore , ¦ thst with the universal consent of this Housp , and of the country gentrally , I may abandon tbe consi-! deration of any echi-me > hat would propose to snpply ! tlie deficiency by any such miserable devices , ( chetra . )
J If 1 mu-1 have recour .-e to taxation , shall I then levy i it on what ie called ai tides of ^ u ^ tJDance—on those ; aincle :-which may apj ear tosomo a ^ supeiflu ties , i but which are known to comt'tut * aitic ' ci ot neccs-: -ary coiisumj-fon ? Kojformypait 1 cannot con-! st ' j-t t- > a ! -yit : m of taxation which c ^ n possibly hav .: | tni- efl ' ett ; and I say . moreover , that I think I have i given you conclasive proof that we have already ar-
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rived at the utmos-t lim t ? of this . description of t ± xation—CchcerE ) . 1 am speaking here of articles of luxury , vfhich appear not to con ^ t tute the a'tiolea of consumption amongst the labouring olaeses— ( hear . ) The Right Hon . Gentleman opposite attempred to redeem the pledge which had been given by Parliament to repair the deficiency in the revenue caused by the defalcation in the Post Office ; and he accordingly proposed , in the year 1840 , that five per cent , daty should be levied on artistes of customs and excise , and ten per cent , on the assessed taxes . The nett produce of the customs and excise , ending the 5 th of January , 1840 , was £ 37 , 911 , 000 . I wish now to carry y ur judgments with me , for I am about to show you that the means are exhausted by which men *
think they could possibly find a remedy for the deficiencies that exi&t . ( Hear , hear . ) Now the estimated produce of the increase of 5 per cent , on articles of consumption was £ 3 , 872 , 000 ; the actual increase was £ 38 , 182 , 000 ; the actual addition estimated to be gained by such 5 per cent , was £ 1 , 833 , 000 : instead of that sum the actual increase was £ 262 , 000 ( hear , hear ;) that is , instead of producing 5 per cent , additional , it has been little more than a \ per cent . —( hear , hear . ) On . the other hand , the estimated result of the-increase of the ten percent , on the Assessed Taxes has been fully roalised . Making an abatement for the depression of trade , I think none can resist the conclusion that the five per cent , upon Customs and Exciae will end in nothing
but failure—( hear , hear . ) I will then discard the notion of supplying the deficiency by incurring fresh debt ; and I have attempted to carry your conviction with me that we cannot look to increased taxation on articles of consumption . It is possible to resort to another mean ? . Shall I reviveold taxes that have been long abolished I Shall I look to the Post-office as a possible mode of increasing the revenue ! I will not say that the Post-office ought not to be a source of revenue ; but I will say that the . measure has not had complete and fair trial . I am so sensible of the many advantages that result from that measure , that I should not consider nyself justified in recommending any change for tho present year—( hear , and cheers . )
Shall I , then , revive the taxes that were laid upon the great articles of consumption , and which were very productive ? Shall 1 revive the taxes upon salt , upon leather , aiid upon wool ? Ldou't know that with respect to some—as regards leather , for instance—I don ' t know that the reduction took place with fairness —( cheers . ) Sir , I am very much afnud that the full amouut of the benefit in that direction was not carried to the account of the consumer—( cheers . ) I believe that you omitted to adopt tho measure which you ought to have adopted contemporaneously Witfi the reduction of the duty upon ieaiher , namely , the reduction of the duty upon the import of foreign hides —( hear . ) Sir , I fear yon reduced , the duty but to promote a monopoly at
home . Eut , Sir , the question is not now whether we shall reduce the existing duties—tha question is , whether we shall revive a duty that has been aboiu-hed , and upon the faith of the abolition of which various contracts and commercial and manufacturing arrangements have been made . I do not think I need ar ^ uo against the revival of the duty upon salt , leather , or v .-oo ) . Sir , shall I , then , resort to locomotion—( a laugh ) ?—shall I increase the tax tipou railway ;;? I confess that nothing but hard necessity should induce me to derive revenue from them . Well , then , S : r , I hava gas —( laughter . ) I should be also most unwilling to place a tax upon ga ? , and therefore I range tho taxes upon locomotion and upon gis light . in the same category as the taxe 3 upon salt
and leather . Shall I hope for an increase ot revenue frvm diminished taxation— ( loud cheer .- ) ? Before 1 apply myself to this , let mo remind you of the extent of your difficulties . I havo confirmed confidence that there is a buoyancy in the consumptive power of this country to realise ultimately au increased revenue from decreased taxation ; but it requires a long process before that end can bo attained . 1 have the firmest belief that any such plan as that proposed by the late Government , or any other plan tor raising the revenue by diminishing taxation , will not ntford any immediate relief for the supply of any nresent deficiency . I have- looked with considerable
attention to the effect produced by tho redaction ot taxation on articles of great consumption . I do not fiud in many cases that elasticity which gives you , after a lapse of time , increased revenue ; but 1 do find in almoi-t every case , if not in every case without exception , that the interval of time which elapses before the same amount of revenue is received , is very considerable . On that ground , then , Sir , 1 am led to believe that with the present duSciency , -. vhich it is necessary to provide for , you cannot look to supply that deficiency by a mere reduction on articles of consumption , if you resort to that as the only means of supplying it— ( iiear , hear . )
THE NEW TAXES . I will now state what is the measure which I propose , —( bear , hear , )—which I propose under tho . sense of public duty and under a deep conviction that it is necessary for the public good . I shall make an earnest appeal to the possessors of property . (!_" heers . ) Sir , I propose for a time , and I never had occasion to make a proposition wiih a wore thorough - convict-Ion that it is one which the public interests of tho country rt quire—I propose that , for a time to be limited , the Income of this country should be called upon to contribute a n rtain sum for the purpose of remedying these mighty and growing evils . I propose that the income of this country should bear a charge not exceeding 7 d .
in the pound , —( near , )—not amounting to 8 per cent ., bving a charge of £ 2 \ Ui 4 d . per £ 100 , for the purpose of li'jt ouiy supplying the deficiency in the revenue , but of enabling o 0 with confidence and satisfaction to propose great commercial reforms , vr hich will afford a reasonable hopo of reviving our commerce , and making that improvement . inJour manufactures , which will soon react upon every other iutcre-tin the country ; and which , in apecuniarypomt of view , will , by the diminished cost of articles . consumption , and by tho diminislird cost of . living , be a compensation almost 10 every one for the pecuniary charge , but which by relieving you from the contii . nance of th /' s . mighty evil will more than compensate you for tho ainour .-t . 1 propose that the
Jand occupied by tenants shall be estimaed and taxed at half the rent . I also propose , for 1 see no reason wny it should b 8 otherwise , that all funded property , whether it bo the property of natives ot the country or of foreigners , bhould participate iu the chargt 1 , and be subject to tho same burden . This is tho nituro of the proposition which it is my int : i tton to make ; which 1 tnako with the fuil , the unanimous concurrence of niy colleagues— ( hear)—and w . th the deepi . 't convitt on ou ttieir minds , as on mine , that it is wise and necessary to impose t ' iiistiix . [ Vhe H ' . ght Hon . Uarontt . hero et tered ii . to a long h > t oi calculit : ons as to the intimated amoui t of this tax , which ho gave at about £ 3 , 775 , 000 , and which he thought t-hou d coi . tiuue
for five years ; but he would for tW presei . t limit the duration so as to { jivo Parliamei t tie opportunity to tanction the fuit . ier " coi . t ' -nuauvn ot t '\ 0 tax , ct the end of tiree years . He ft-it some difficulty in applying th ; s tixt ) Ireland , because there existed in tint country no machinery for its colliction . He thought , however , that Ireland t-houid pay her quota ; but . if ether means of raising it could be devised , he s ' . ould prefer them ] 1 propote , therefore , t » levy a di . ty of l- \ a gallon upon Iri .-h spir . t-i , and I firmly believe tint t * Irish u ^ tii . ' crs , and to Inland it-. i-lf , considerable revenue may te df-rived , net only w thoiit inconvenience , but wit 1 positive advantage . 1 hope to realise from tins £ 250 000 . Tbe ct u-r sources l ' n , m which 1 wish to
derive some incrrns , making wit a tlie former an equivaltiit for thut I might havo hoped to have received f . om a property tix , are perfectly legitioist ; , and their tlfvct in operation Will fali npou propeity . 1 propose , in respect tt the greet tna ? s ui ' articles , particularly in respect 11 ail those connected ' . w . tii pr . > periy , to equalise tli « siuuip duti'sin Ireland w th t ; oso iu this couutry . I expect £ 160 , 0130 on siocouit of t ie equalisation of tt imp duties . And this t ; trie £ 250 , 000 to be derived from spirits , and I obt « infn > m Ireland £ 410 , 000 , and 1 have the . mo .-t perfect ' conviction th ^ t this were bettsr , under existing circumttances , than if 1 had ad 7 ised a new duty , and imposed a direct tax upon property . Then with respict to the Absentees—( hear , hear , heai ) , I
propose that they should contribuu ; t-j uie property dity . By rtturahig 10 tio ' ir nat . ve cjuuiry , ai ;" i spending their incomes upon their csiatts , . tJiey may es ape th 9 levy whi ' .-h I nnan to propose ; but by residing in this cum . try , without any call oi public du ; y , I think tht-j uught-tj be surjee ! u ; a tax—( cheeis ) Sir , there is one other < iuty which 1 propcFe io impose . At present -there ia a duty imposed by the law of 4-. pjr ton on c ^ ul exported in foreign Anys . At the time that was . imposed the policy of the law was of course to require' revenue ; but thero is no duty imposed upoa coal exported in British t '/ . ips . Tne operation cf the reciprocity treaty lias " beeE to exempt foreign ships lnjruum payment , of t !\ e duly , whkh vra . s oviginnlly
eunleinplated to be levied upon the export of coal ; aud 1 must S 3 y , that I cannot ; co :: C £ iye tJ . at there is an \ more legitimate object cu which to impose a duty than upca coal exported to foreign couniries— -ihesr , hear . ) 1 speak of a i \ asonut-le impost j a . ; d i ' . p >;; an article } reduced in thn cou ; t-y , the eiemeat of icarsufaciures , necessary for the in : am'aotur « vc . ojrtrirbut . iig by its expo ? t to excite Ci ' . Uipctitton M-: t i the home market . If 1 can raise a . rci-. spnable a ' . aom ; t of duty froai a tax upon British coal exported toforeign countries , I think it a legitimata source of revenue . The sum derivable from it may be estimated as amouutifg to about £ 200 , 000 ; an . amount ' which will .
bo no inconsiderable iucreato to the revenue , and which will operate as few tsxes ( io , to the enccuragemt-ni of native industry aud domestic manufacture . Now havirg stated to the iicu-e ail the taxe 3 I mean to propose , perhaps it may be convenient that I should show the total amount which I expect to derive from them . I speak of the produce ol themfrcm the 5 ih of x ^ pril , 1842 . Iproposo that the new taxes -hould haye operation from the 5-h of April , 1042 . I calculate-en . obtaining from these souscts a total ainountcf £ 4 , 310 , 000—( hire an observation was made by Lord Juhn llusscll , which dd int leach the gallery . ) Yes , that will ' bo . altogether
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£ 480 , 000 . 1 deduct bow from that sum of £ 4 , 380 , 000 the estimated doficiehcy foir which I must provide . That , deficiency is £ 2 , 570 , 000 , which will leave a surplus of £ 1 , 800 , 000 . The House must recollect that the deficiency was on the votes of the year . I have to add to thit th ® excess '¦ pf the expeif dnure mXIhina . an exceBswhioh cannot be estimated at leas , than £ 800 , 000 . The expenditure that will probably arise from the position of our affaira in india , ma jr be calculated to require also a Very considerable deduction to be inade from our estimate of surplus ; bu t reserving these matters , I ca l culate on a tur plus of £ 1 , 800 , 000 . The question then , is , how am I to deal with that surplus in a manner which I consider the most conducive to the interests of the community , tho most consonant to publio feeling , » nd the best calculated to . effect a great improyeuient iu our commercial relations—thjsar . ) " .
PROPOSED ¦ REDUCTI ONS , " Sir , I look to the tariff , and I find that it comprises not less than 200 different articles which are subject to various rates of duty ; and during the interval which 1 have been in office 1 I can onlv say , that each individual article of that tariff has ' beeri the subject of careful consideration by the Government—( hear , hear ;) In the c $ , se of- each article we have attempted , ae well aa we could ^ to determine what is the proportion borne by the duty in each case to the average price of the articles , for the purpose of asceriairiing to what extent it may be desirable to make reductions in the various duties—( hear , hear , h' ar . ) Sir , the measures yvhich we propose , will include in their general principles a
complete revision of the duties affecting those articles , and a general alteration of our commercial tariff—( cheers . ) The measures which we propose , will proceed upon those principles for the complete revision of our tariff , which upon manure cbnsjderatioB , we have thought necessary—( hear , hear . ) The general principle upon which we will proceed will be , first , the removal and the relaxa iou of duties of a prohibitory nature ( hear , hear , and loud cheers ); and secondly , a re'ductibn of the duties upon the raw materials for manufactures to a very considerable extent ( renewed cheering from the opposition )^ In some cases I propose to rotain merely a nominal duty , for the purpose ofaffording statistical information ; and in no ca 3 e , © r in scarcely any case , will we
propose to lay a duty upon raw mateijala for manu iactures exceeding 5 per cent ; and as I said before , in many cases the duty will be merely a nominal one ( hear ) , Wiih rorpept to the duty upon articles which are partly manufactured , I also propose a considerable reduction , in no case to exceed 12 per cent . I don ' t mean that this 12 per cenf . should be applied , but that is the general principle and » aximum of duty which I shall reserve , with th « exception of certain articles to which I shall call the attention of the house by and bye . N&w the course which-T shall pursue will be to have the whole of the tariff arranged under twenty diflWeht licads . For inttaiicp ^ under the ifirst head wo shall ; have included live animals and provibions of all kinds ; under , the second head , spices ; under the thitd all description of seeds ; under the 4 ' ih wood for furniture ; and under the 5 : h ores and minerals ; and in order to
relievo my ' stijf frotu the necessity of going through the whole mass , I will propose tha amended scheme of the tariff ( loud cheers and counter cheers ) , as clearly hs possible und-r twenty ; different headsj classing , as nearly as may bo ^ articles of iha same description and character . Each of these schedules will contain tivo-columns' Iu the first columu will be the name of the article ; inthe . second , the rate o * " duty ; in the third , thft amount of duty actually received ; in ' tho fourth , the proposud rate of duty to be levied on thu article on it ? vuftportation from foreign countries ; and in tho fifth , the proposed rate of duty 011 the imports from British colonial possessions . Now it appears that I cannot lay tho scheme before the lloitse iu any clearer way at present ; for to attempt to go through the whole at present would be only to add to the great labour of the duty 1 am discharging , and fatigue the House . But here is the whole . of- tho tariff under these
different heads , and on Monday morning next the gchedulo wiil bo laid upon tlie tablo for the information of the commercial world . Of 1 , 200 articles of consumption , I propose to reduce the duty on 750 of them . These latter articles liavfl relation to manufactured articles" . With respect to the 450 articles I do not propose to reduce the duty . I am influenced in this view of the matter in consequence of the very trifling difference between the duty and the ac . ual cost of tho article . But with respect to tho other 750 articles , I do propose to reduce the duty most . tnatprially . There are Eome important reductions which I intend to make iu these articlo ? , partly from coiisidieration in reference to . revbnue , aiid partly from this motivn
There were several treaties entered into by this country with other couutries , which are -still ponding . There wa * the treaty which had been entered into by tho Noble Lord opposite ( Lord Palmerdton ) , with Portugal , and which would have been completed but for the troubles whicli have taken place there . ¦ 'We have also opened a negociation with Spain , with respect to commercial matters , and we have strongly urged updii Spain the beneficial advantages that would result from such a treaty being carried out . All I can say . is , that the proposition has been most favourably received . 'Similar negociations were also pending with South America ,, and we have intimated to France that wo should be happy to resume negociations in relation to the
commercial treaty which , hid been proposed by the Noble Lord . I should be glad of the treaty being carried out , for it would . strengthen the ties of amity and of friendly consideration between this country and France . I believe that France would be a gainer , both morally and commercially , and the industry of both countries would be btnefitted , if those duties whicli inter / ere with trade were relaxed . This at all events wouU be the result , thai the benefit obtained by one comrauaity will react upon the other I say nothii'H of any probable period at which the treaty with France may bo signed . I can only say that it is my ultimate hope and conviction that- the public mind of ¦ France " - ' wtl-1 support the government , in sup . h a mcasurp ; Now whilo these treaties
are piniling , there arc several articles which would bo included in the ncgociations in respect of which it would be impossible to advise the . House- to make an immediate reduction . I thiiik when wt ! make relaxatior . s , we eught also to make the country to be benefitted by it grant to us 'correspondent advantages . I therefore , think ,, to . ensure this end , that it would not be wise to reduco the amount of duty on those articles which must form the basis of ne ^ ocia * lion . Thereforo I do not propose a reduction _ on the amount of duty on brandy and wine ,-cherishing ihe hope that thy duty may be relaxed when corresponding relaxations are made by foreign countries to bo bt-iii fitted by the relaxation . Again , with respect to tho various fruita on Which 1 am most
anxious t <> relax the duty , but which form the basis of ncgociaiion , I propose for that purpose to retain it ; not , I s ^ y , with reference to revenue , but simply to favUitjitc " uetiociation . I do not think tba < it 13 ntceshary for nio to specify the other articles which will appear in the schedule . " Now , these various reductions ; the removal of prohibitions , the revisal of prohibitory ' . ' -duties , the reduction of the du'tes on ai t'cles fcuciis a oils and ores , having a tendency to remove the burdens on commerce ; these various reductions may ., in my opinion , be the mode of conferring groat advantages on the n ; anufactures of this country , without incurring the . risk of greater loss to the revenuj than about £ 270 , 000 . Having thus spoken pf anick-8 used . 'ia-mnnH . iactures ^ I now apply
myself to ihe consideration of theieiiuciion of duiies on great articles of consumption . Tho chief articles of cunt-uniption to yvhich 1 shall advert are sugar , coffee , ' and . timber . With respect to sugar , I wish it werein my power to state that her Majesty's ministers deemed it coiiaistent with their duty to say that they coulii advise any ilterauon of thexluties 011 that article . [ The Wight IIoh .. Bavonet then went at length into the reasons of his Government for proposing iict to fti tub tj- existing dbty on sugar . } With Veptct to t-ttiVe , 1 an : sorry tj say th&t during the tet year ilieie has been a reduction in the consumption . Th-ro has bi . yu an increase iu tbe cousumptipu of su ; ar , but a decrease in th . % t of ci-ffee . I suppose I uocd scarcely inform th-u Houso what the present
ajiiount < 1 ( iiiiy oh c Ifee is . On foroign CL-ff .: o the t ; i < ber is IO . ' . a load , anil }\ ere a'so tho average duly may bo taken at 83 . cr 9 . i . a load . ( Hear . ) iu ilnvyetr ending April 1844 , I propose- 'that the duty un i . ' on igu tiinber should be reduced to 25 s . 1 piopo ^ e iJso , that in tlio year \ ending April , 1 ( 544 . ! ho du ' vy on deals should be reduced from 30 s ., which is the rr » p « sition , with regard to its immediate ypriLti- 'i ) , tliat . it bhould , be reduced to 20 j ., and in jike iiniiiut ' . r ; that on that year the duty o : i lath wood .: i . ty is iir .-. v I .-:. 3 d . per lb . ; on coiFeefrom the Bru ^ h eoiviuies J ! :., wvhilo on coffee impc-it ^ d fiom British } - -o .-sessions within the limits of the i ^ t India Cora ' iiany's Chauer the duty is 9 L ; the effect of this is , fat a coiisiflcrablo quantity c * f coffee ,-the -growth-of
lorei ^ h counirios , cymes into competition wi < h our 0 ^ 11 1 ro ducr , exempt from 1 he umy-of 1 s . 3 d , It is skih t ' rjm Brazil and . HayHi to the Cape of Good II-ipe ; and the mtre fact of its having been there , inr inks it to coaio in at tha duty of flj . —< h > ar , hear ) . it may cost them Id . per lb . for Tr . 0 i ^ ht , &c ., but eveiv tlioii it conies into competition with tlie produce of our own . colonies , at a duty of lOd . { propose to reciuce tho duty on cotf % -o the produce of Biitisli possessions to 4 d . per pound , and on coffee the produce of all foreign countries to 8 d . Assuming tliat there will porio increase in the consumption , the lors from this reduction may be ta \ en at £ 237 , 000 ;
but , assuming an increase in the consumption to the am <; untpf trn per c ? nt ., the lbj-s , in such case , would then be £ 171 , 000 . Now add this amoant to the loss which I have already estimated , the total amount will be i . 270 , 000 . I now comb to the duty on timber . In respect to tins question we are embarrassed With the consideration of the 1 tate of the interests of our Canadian colonies . The present rate of duty on foreign timber it 003 . a load ; but the duty on timber is uuff levied in a coruplicated and unfair waiy . And in takiug the .. average amount of duty on foreign tiiaber , inclufiing the duty on deals , staves ; and laths ; tak . ng the while together , the aggregate amount will uot exceed 4 ls . a load . Tho duty on colecial
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Bhould be reduced to 20 a . I propose _ that the duty upon colonial timber should be reduced to Is . a load ; that the duty upon deals should be to reduced 2 s a load ; and that the duty on lath timber shair be reduced to 33 . a load . I estimate the total Ios 3 in this resptct at riot leas than £ 600 , 000 a-year . I propose to remit altoaether the duties on tho export of British manufactures ( "heat , heat" anS cheers ) , vrhicli I find will incur a loss to the revenue of £ 102 , 0001 . a-yoar . I will call ' 3 r 0 . Br attention to the duty upon stage coaches ; and in dealing with this question you must coBSiderthe amount of competition which the proprietors of these stage coaches have to contend against , especially oil those lines of road where railways . 'have ' "been established . I propose , with
regard to stage coaches , an uniform mileage ot 1 Jd ., and to take off altogether th ^ assessed taxes ^ - ( cheers . ) This proposition , if assented to by ihe House * will lead to a loss of revenue amounting to £ 61 ^ 000 ; but it is a loss which I feel can be vindicated on the ground of strict anil impartial justice —•( cheers ;) I also propose to take off the duty imposed upon persons who are in the habit of letting job carriages , and which wiil lead to a loss in the revenue of £ 9 , 000 , making a total "loss in this department of the revenue of £ 70 ; 000 . And now I will shortly review , at this stage of my statements , the whelo of the financial arrangements . I calculate that the deficiency iu the revenue up
to the Sthof Aprilj 1843 , will be £ 2 , 570 , 000 . The reduction on articles of tariff will not entail a loss of more than £ 270 , 000 . The loss on cotton £ 170 , 000 , the loss on timber £ 600 , 000 , thelossarisingfrom the repeal of the . export duty on British manufactures £ 100 , 008 , aiid the loss from stage coaches £ 70 , 000 . The total loss to the community in consequence of the reductions which I propose will be £ 3 , 708 , 000 . Against this I ha ^ e to place the amount of the increased revenue which I expect to receive from the new taxation which is calculated at £ 4 , 800 , 000 . There will , therefore , be a surplus in favour of the country of , £ 52 p , ( jOO , ' to meet the increased charges of the _ country , arising from the state of our relations in China , and in consequence of what may arise out of
our still pending commercial treaties with other countries . I ' -have now laid before you , without reserve , the whole of the plan pf her Majesty ' s . Government . I have given you a full and explicit , but I believo an unexaggerated , statement of the financial difficulties of the country . We have thought it our dmy to give our couiisel to the Legislature , freely and unreservedly—to give the best advice we could , leaving with the legislature the responsibility of adopting or refusing the advice wo thus give . I , on the part of the Government , have now performed that duty—( hear , hear . ) I , with the weight and authority of the Government , have brought forward what we deem requisite \ -for the present state of our finances- ^ ( hear , hear . ) And I now conclude ^ devolving on
the Parliament the duty of maturing our plans if they approve of them ; at all eventB the responsibility of adopting or rejecting them . You will bear in mind that this is no ordinary period . You will bear in mihd that there aro indications among all the upper classes of society of int-rcased comfort and . enjoyment ; of increased prosperity and wealth ; aud that , concurrently with these indications ,. ' there-exists a mighty evil that has been growing for many years—( loud cheers . ) . You are 110 W called on to relieve that evil . If you have fortitude and constancy , as I firmly believe you have , you will net consent , with folded arms , to allow the annual growth of this great evil . You will not reconcile ii to your consciences to hope for relief from a diminution of taxation . You will not permit thi . 3 evil to gain nich gigantic strength that it will be far
beyond your power to check its progress . If you do not take this course ; if you do permit the evil to continue , you must cxpeet severe , but just judgment . My confident hope and belief is , that when I devolve the responsibility upon you , you will prove yourselves worthy of your mission—of the mission and functions of the representatives of a mighty people ; that you . will not tarnish the name that it is your duty to cherish as your glorious iaheri . 'ance ; that you will not impair the character-for fortitude , for good faith , which , in proportion as the ompiro of opinion supersedes and preponderates over / the empire of physical force , constitutes a freo people , but , above all J the people of England , and . gives Uiem the power of reputation an < i character . That will mako the country powerful , bo as to repel hostile aggression , and maiitiin an extended empire .
( Tho Right Hon . Baronet sat down amidtt loud and long-coi t : nued applause . ) Saiurday , March 12 i The Speaker , took the chair at twelve o ' clock . Mr . Gkeenk brought up the report of the Gomiiuttee ¦ of Ways mid Means , containing the following resolutions : — ' . ; ..-1 . Resolved , That , towards raising the supply granted to her Majesty , there shall bo charged , lsvied , collected , and paid upon every gallon of spirits of the strength of hydrometer proof , which sha . il ., ' on or after the 11 th day of March , 1842 , be distilled iu Ireland , or be in the st < ck , custody , or possession of . any distiller in Irelami , or which , bavin ? been distilled in Ireland or Scotland , shall on or after that duy be in wa . ehouse in Ireland , and be taken out of warehouse for consumption in Ireland , or ynith having been taken out of warehouse in Scotland for removal to Ireland , shall on or after that day be brought iuto Ircsland , au additional duty of 1 $ .
2 . lteBolved , That the malt allowance now payable on every gailen of spirits distilled , in Ireland from malted corn only , n » t being niixad with auy unnialttd corn or grain , shall cease and determine . 3 , Kesolved , Tbat , towards making good the supply granted to her Majesty , the sum of £ 8 , 0 u 0 , 000 be granted out pf the Consolidated Fund of the United Kingdom of Great Br . tain aud Ireland . The report was agreed to , and leave given to bring in bills conformably with the resolutions .
Mr . Greene brought up the report , pf the Committee on tlie Exchequer Bill Loan Act . The Committee had resolved " That her Majesty be enabled to direct istu ? s to bdiiiade out of the Consolidated Fund of the Umtud Kingdom * f Ureat Britain and Ireland , to an amouut not exceeding £ 300 , 000 per annum , to Commissioners , to be by them adva ced towards the completion of wprks of a public nature ,-.-for the encouragement of tha fisheries , or tho employment of tbe poor , p n due security being given for the repayment of the sum so advancei' . '' '
The repoit was agreed to , and leave was gives to bring in a bill in conformity Witti the resolution . Mr . Greexe brought up the report of - the . Queen's Prisun BUI , which was agreed to , and the bill ordered to be read a third time ou Monday , if then engrossed . On the motion of Lord Eliot , the Newgate Gaol ( Dublin ) Bill was read a third time and passei . The House then adjourned .
Monday , March 14 , Mr . F . T . barjso gave notice of bis intention to inquire respecting the plan by which the G > jverument propose to collect the income-tax ; and Mr . Ciiahles Bui . LEU drew iroin the Si'EAliEU an opinion as tp wJ ; etber or not petitions could be presented against the tiX Acer tho resolu 5 it > n alfinning it had received tho sanction cf the House . The SPEAKEtt replied in tho negiitive ; but Sir Robert Pee-l- declarea his intention of proceeding with the resolution on Friday next Oa thu motion for going intp committee on th « Corn Importation Bill , Mr » Ward xo 3 e to bring , forward his motiou relative to the alleged peculiar burdens borne by the land of this country . Ho contended that no burdens were borne by the landed interests wfaick were not just and . equitiibie ; and liskod f tr : i committee of inquiry in order to set the nutter at rest . ¦¦ .- ¦ : ¦ . ¦'
Colonel Wool ; compared the amount of poor-ratts paid by tLe lauded iatertat with those levied on mauuf ictuiiuij property ; and complained of the mischief dono by throwing obstacles in the way of the progress if the Corn importation Bill , the delay of wnich was afftctirig the price if-corn and the state of trade . Mr . MiL . NER Gibson called on the representatives of the landed interests in the House , for their own sakes , to grarit the cemniittee of inquiry . Mr . Darby contended Mr . Ward had not stated the caseeituerfully or fairly , and repudiated the ideathat the House was not to liyisJate ou corn uctii ah inquiry bad been made into the peculiar burdens borne by the land .
Dr . BowRiNG was sure that Mr . Ward would willingly modify hia liionon , in order to meet Mr . Darby ' s viows for a , move extended inquiry . Tue suVj-ct was one of great and grave imp rtai . ee ; and , for the satisfaction of the public mind , an inquiry was-exceedingly < iesuable . Mr . Scarlett would resist the motion . Should the inquiry be made , it would turn out that the land bore , iu fact , all the burdens of the Stvte . Mr . Guilders thought Mr . Scarlstt had proved too much :. The landed , intereat had been always too powerful in the Legislature to permit peculiar burdens to be inipbsed on them ; tho land in this couiitry was not so lieavily taxed as the land c f some 'Continental Stifcs . . . '¦ '¦'¦ ¦ " -
Air . Pai . meu compared the fixed nature of the l ^ ndownti ' s c pital witn that c f the manufacturer , who was bit a bird of passage , and could carry : himself and his capital where he pleased . Whiie determined to hold ah income tax , he feared that the necessities of ttie country were too great for its being successfully raised ; or applied in the way proposed . Sir Kobert Peel called the atter . t-on of the House to tBe position in which it was placed . Was it wise to go oa with protracteii discussion , and impede the progress of a bill admittad to be a great improveniBnt
on tee existing law ? He censured Mr . Ward for ii ; - cpnsiatency , in not adhering to the exact terms pf his motipn . He called pn the House not to injuro every interest in' " the community by delating the Corn Bill until some three sessions hence , Mii Ward ' s Committee made its report . > . ¦ : ¦•' ¦ ' : Mr . Stbutt had never heard a debate in which so much of the argument lay all on one-side . Mr . Ward ' s motion was resisted by very opposite reasons : it was said to be too precise anil too vague ; but a ^ prima facie case had been made out for inquiry , and he should suppoit themotion .
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Mr . Corden suppoitsd and Lord Worsley resisted the motion , : ' . ¦ ' '' - ' : ' •' . '¦'¦ ¦"" ¦ ''' . ' ¦ - ' . - ¦ Mr . VrLLiERS had always heard these special burdens assigned a « a reason for the Corn Laws ^ why then refuse inquiry , if not afraid of the result ? Mr Yilliers read some statements of taxes which had been repealed in favour of the landed intere 8 t Bince 1816 , being nearly a million in amount . Lord Howick , while admitting that the inquiry waa a legitimate subject for parliamentary investigation , was yet of opinion that tue time was not properly chosen for the motion . ; - Mr . Wak let thought it -was the business of an opposition to give a perseverio ^ resistance to what they considered a bad measare . Sir Robert F « el might have offered a compromise , and offered a committee of inquiry on another occasion , and so pr « vented a
division . .... . - - . "• - : ' .. .. ' . - . ' ¦¦• ' ; ¦ .. •¦ : " :. - .. . :.. - . . - . . ¦ . - .. ¦" On a division , the '' . ' motion ' : was rtjected by 230 to rLB ' : :- - . - .. :-r , ¦ ¦ .:-. ¦ ¦ ¦ ¦ r . y ^ : ; . ¦; - ; ' ,,: ' ; . ; : / The House then went into committed . Sir-VAtEMiNE Blake kept the House in roars of laughter by oncbmiunis on the prolific yirtoes of the potato , and the adaptation of the soil of Ireland for its production He concluded with proposing an amendment , which was negatived without a division . Mr . Parker proposed a clause , allowing an importor to give bend for the payment ofa pajrticulsj rate of duty , Baould he import his corn within fonr months froni the time . His ol'ject was to give facilities for trade with distant ports . -J- J - '; ¦ ; / r Sir RoBiERT PEEL considered the amendment aa extravagantJone .- . ' : ;• ¦ ¦; 0 . ' . - ;; ¦ ' ¦; .-. ' ¦ : ' : [ " -. ¦ - , ¦ . - ¦ ' . ;¦ - . " ¦'¦ . ' "' . " After some obseryatipns from Lord Howick and Mr . HasUe ; . , ¦ ¦' ; ' - - '' ¦' . , •¦/ . ¦ . - . ' .. . . - -. : .. ' - . / .: ; . - ' , ¦ ' : . ' . . ¦ Sir : PaTiker withdrew his clause .
Mr . Pouletc Scroi'e proposed a clause of a somewhat similar kind , to allow the duty , should the importer desire it , to be rated at the amount which ruled when the cern left the foreign port « f shipment . The clause was resisted by ^ Sir R : Pjeel ' , and after a . conversation ,, shared by diflerent members , it waa withdrawn . - . . .. - ¦ ' . ¦ ' ¦ ¦• : ¦ - ¦; ' . , '¦ ' ; ' " '¦¦¦¦' ' . Some progress was made with tho Bill , the House resumed , and the Committee obtained leave to ait again on Tuesday . "¦¦¦ ¦ ' . ¦ . . . ; . ' ¦ - . '¦' . ¦ -. . ¦' . ¦ ¦' ' ¦ : " . - . ¦¦' . ' . J ' - The House adjourned at a quarter to one o ' clock .
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From the London Gazelle of Friday , March 11 . BANKRDPIS . John Perry Clarke and Osmund Lewis ; Crown Court , Threadneedlc street , newspaper amenta , to surrender March 18 , at eleven o ' clock , and April 22 , at twelve , at the Court of Bankruptcy , Basinghall-street Solicitor , Mr . Clarke , George-street , Mansion Houae ; officialaasigpee , Mr . Belcher . Ejuily Ann Birch , Bedford Place ., lodging-house keeper , March 18 , at two , and April 22 , at twelve , at the Qourt of Banki-uptcy , Hasinghall-street . Solicitor , Mr . Lloyd , Cheapside ; official assignee , Mr . Gibson , BasLnghull-street . ¦ .-..-. ' . . : : '
SamuelJackson and Thomas Frederick Jackson , Berraondsey-street , woplstaplers , March 22 , at eleven , and April 22 , at one , at the Court , of Bankruptcy , Basinghail-street . Solicitor , Mr . Watts , Berraondsey-atreet ; offlciaV assignee , Mr . Greenj AlJermanbury . Philip Woodrow Hart , Norwich , coach manufacturer , March 17 and April 22 / at ten , at the offices of Messrs Beckwith . Dye , and Kitton , Norwich . Soltcitprs , Messrs , CJiarkeand Medialfe , Lincoln ' s Inn Fields ; ahd Messrs , Beckwith , Dye ; andJKittpn . Norwich . ... Joseph HprneastlB , Giamford Briggs , Lincolnshire , seed merchant , March 21 and April 22 ; at eleven , at the Lion Hotel , ' Giamford . B ' riggs . ' ' - Solicitors ' , Mfissrs . Dyneley , Coyerdale , and Lee , Bedfprd Bow ; and ' Messrs , Nicholsonaud Hect , Brigg , Lincolnshire . ;
George Stanway , Stoke-upon-Trcrit , Staffordshire , confectioner , March' 24 and April 22 , at twelve , ( it the George Inn , Bursleiii . J-.-- { solicitors ; . Mr . Smith , Chancery Lane ; and Mr . Harding , Stoke-upph-Tfent . i Isaac Newton Wigney and Clement Wigney > Brlghtpn , Sussex , bankers , Miirch 28 and April 22 , at ten , at the Town Hall , Brishton . Sotieitois , Messrs . Palmer , France , and Pa ! taer , Bedfprd Row . " '' . ¦ _ . ; ; James County , Chelteuham , Gloucestershire , pitman , March 29 and April 22 , at one / at the Royal Hotel , Cheltenham . . Solicitors , Messrs . Miller"and Carr , Eastcheap . ¦ ¦;'¦ ' ¦'¦ ¦¦ ¦ ¦• . ' . ¦ ' ' ¦ '¦' : ¦ -: '¦ ¦" - ¦ : ¦ . - ¦ .:. ' ¦ . ¦ - . ' .. ' Edward Shirley Webster , Birmingham , draper , . March 31 and April 22 , at the Waterloo Rpoms , Birmingham . Solicitora , Messrs . Reed and Shaw , Friday-street ; ¦
Frederick Pratt , Stoke-upon-Trent , Staffordshire , miller . March 21 , at the Swan Inn . Stafford , and April 22 , at twelve , at the Castle Hotel , Newcastle . Solicitors , Mr . Wilson , Furnival ' s Inn ; and Mr . Stevenson , Stoke-upon-Trent / /¦ . : William Bury , Blackburn , connlealer , March 24 , at one , and April 22 , at eleven * at the Town Hail , Pfeston . Solicitors , Messri . Cuvelje . Skilbiick , and Hall , Southampton Buildings , chancery Lane ; and Messr ? . Lodge and Harrises , Preston . > ' : . ' .. '¦ ' . '¦ '¦ " ¦ ¦ ¦ ¦ ... Wiliiam . Robinson , Hulrne , Lancashire , glass-manufacturer , March 22 and April 22 , aV twelve ,-.. at .- the Commissioners' Rooms , Manchester . Solicitors , Messrs . Milne , Parry , Milne and Morris , Temple ; and . Messrs . Siater and Heelis , and Messrs . Bagshawe and Stevenson . Manchester . . " - ' - ;
Joseph E : neiy , Wells , Somersetshire , surgeon ^ April 6 acd . at eleven , at the Somerset Hotel ; Wells . Solicitor , Sir . Jay , Serjeant's Inn . "" . ;¦" " '" .
PARTNERSHIPS DISSOLVED . Asfeew and Stansfield , Manchester , cptton yam doublers . iVI . and H , Glover , Manchester , oil-cloth manufuctnrefs . R . and J . PickeraglU , Darlington and Leeds , carriers .
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From the Gazette of Tuesday , March 15 , BANKRU PTS * Charles Page , coach t ? re smith , N " ottingham Hews , Marylcbone , tp surreudc-r March 18 . at two o ' clock , and April 26 , at twelve , at the Court of Bankruptcy , BasinBhall-steet , Solicitor , Mr . Kell , Bedfprd Row ; Mr . Penned , pfficial assignee . ; ' , ¦ " .: ¦ " r ¦ \ . J ' Stephen Peake , builder , Rimsgate , March 24 ; at seven , and April 26 , at nine ,.: at the Albion Hotel , Rimsgate . SoUcitor , Mr . Smith , Barnard ' s Inn , London . John Jones , cordwainer , Liverpool , March 24 , and April 26 , at one , at the Clarendon Rooms . Liverpool . Solicitors , Mr . Cornthwaite , Dean ' s Court / Doctois ' Commons , Iiondon ; and . 'Mr- Corntowaite , Cable-street , Liverpool ; Joseph Page , jun ., porter-merchant , Gloucester , March 28 and April 26 , at twelve , at the office of Mr . ¦ C .. Smahridge , G : uucester . Solicitors , Messrs . Jonea and Blaxland , Crosby Squire , London ; Mr . Smallridge , Gloucester . ; . - : : ¦ : ' ¦ ' ¦ ¦;
Thomas Morris , grocer , Newtir ' nJge , Glambrganshire , March 26 and A ? ril 26 , at two , at the Commercial Rooms , Bfisto ) . Solicitors i Alessrs . White and Eyre , Bedford Row , London ; atid Mr . Short , Bristol . John : Alexander , brewer ^ PtndJeton , Lancashire , March 29 nnd April 26 , at eleven , at the Commissioners' Rooms , Manchester . Solicitors , Messrs . Milne , Parry , Milne , and M < - . rrU , Harcourt Buildings , Temple , London ; and Messrs . - Sinter and Heelis , Manchester . - . .. . ' •' : •' . , : ¦ ' .- . •''¦"•' ¦ ; ¦;¦ .-. - ' . ' : "; ;¦ Peter Boyd ; cotton-spinner , Ovenden , Tprfc , March 20 , at one , and April 2 ( 5 , at twelve ^ st the White Lion Inn , Halifax .. Spliciiois , Messw . Eirimet and Allen , BJ . vomsbury Square , ¦ ; Lyndon ; Mr . Aleximler , Halifax , and Messrs . Stocks and Macaulay , Halifax .
John Parbery , eaddler , Northampton , March 21 and April L 6 , at two , at the Stag ' s Head Inn , Abingdonstreet , Northampton . Solicitors , Mr . Hall , Northampton ; and Mr . Weller , King ' s Roar , Bedford Row * London . ¦ .. ¦ . : - ¦ ¦ ' ¦ ¦¦ " ¦ ; .. - ¦ -. - . .-.. ' : J ¦•'¦ ¦'¦¦ ¦ ¦ . - '¦' . John Davinson Bedford , brewer , Burton-u pop-Trent , Staffardshire , March . 30 and April 26 , at twelve , at tbe G ; orge HoteJ , Burton-upon-Trent ,, Solicitora , Mr . Richardson , Bmt . ' -upon-Trent ; and Messr ? . Hicks and Braikenridge , Baitlett ' a Buildings , Holbom , London ::. ; - -. '; " : ' ; ' ^ - ; ' -.. ¦ ; : - ''; : -. ¦ ' ' ¦;; ¦ ' ¦ , ¦ ¦ ¦ .:. . . ' . ¦"'¦' . ¦ , John Frankiand and Thomas Frankland , merchants , Liverpool ; March 29 and April 26 , at three , at the Commissioners * -. 'Rooms , ' Manchester . Solicitors , . ¦ Vlessre . Makinson arid Sanders ,: Elm Court , Middle Temple , London ; and Messrs . Atkinson and Saunders , Manchester . " ¦¦ ' ¦ . ' ¦¦ ¦ - . '¦¦ ¦ - '¦'¦ '¦¦ . '¦ ¦ ¦ : ¦• '¦ ' . ¦¦• ¦'¦'¦ - 'J-V- .
William Lloyd , wine-merchant , Liverpool , March 29 and June 26 , at the Clarendon Rooms , South . Johnstreet , LiverpooL Solicitors , Mr . Whitley , Highstreet , Liverpool and : Messrs . Low , Garey , and S < reething , Southampton Baildings , Chancery ; Lvie London , ' ., ; ¦ / , ¦ ¦ ' .. " - . ¦ ; ,.. •¦ ' . - "¦" . ¦ : : ' . -: . ' -Thomas' Finch Cczena , builder , Canterbury , March 2 * , at twelve , and April 26 , at one . at the Gui dhall , Canterbury . Solicitors ^ ilessrs . Piumiqer , and R . aud ft * Farley , Canterbury ; andMessra . Buttiraeldand France , Gray ' s Inn Square , London . ; ;
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Great Excitement , —The discovery of Old Parr ' s secret has caused great excitement among the members of the medical . profession ; , as it seems probable , ultimately , to excernmsate ^ a good deal of their contradintory nonsense . Many members of the profession have , however , honourably daclared their intebtion of using Parr's Life Pills , after witnessing their astonishing ; curative properties andre-invigorat' fi powers on the humaaframe .
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HOUSE OF LORDS .-M 6 ndaYj March 14 . Lord Brougham gave notice ; of his intention to move a series of resolutions respecting the proposed incometax . The purport cf these ' resolutions : which he read at length , is 'condemnatory pf the imposition of an incometxx , unless under very extraordinayy circumstancea , Rud also affirming cei tain principles respecting the appprtipnment of such a tax ; with r « latipn to the distribution of capital and income amongst the various classes of the British community . \ V Earl FiTzwiLLiAM made a few observations on , the subject ; and after the Lord Chancellor had laid on the table of the House a Bill for the amendment of the bankruptcy law , the House adjourned .
Banlmtpte, &*?
Banlmtpte , & *?
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6 - - .- THE ,- NORT-HER-- ] yv- ;^
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Northern Star (1837-1852), March 19, 1842, page 6, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/ns/issues/vm2-ncseproduct1153/page/6/
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