Abbildungen der Seite
PDF
EPUB

were two other causes, which powerfully ministers for the time being : they must add contributed towards that loss, namely, the to or diminish the quantity of their paper, money drawn from Ireland to Englard by not according to the orders of the ministers, non-resident landlords and others, and the but according to the demands, which, by interest of the Irish loan; payable in Eng: loans or taxes, those ministers create ; and, land. The former of these he estimated it were weil if the Irish members would reat three millions annually; the latter at collect, that, when they are voting for one million and a half, and, these four loans and taxes, they are voting, absolutely millions and a half, he observed, must be voting, for a further issue, and consequently set against any balance of trade which there a further depreciation, of bank paper ; might be annually, in favour of Ireland. -- which depreciation, as

we have before These two co-operating causes were very seen, is, in part at least, the cause of the fairly stated. . The transmission of so much loss, which, while residents in England, money to non-residents must necessarily they experience from tlre difference of exproduce great effect on the course of es change. The evil they complain of is not change ; and, as to the interest on the to be attributed to the hunk directors so loans, the Irish gentlemen, who have sup much as to the ministers; not to the ministers posted, and who do support, Mr. Pill's so much as to the national debi; not to the system, ought not to complain on account national debt simply, so much as to the

any loss they thereby sustain. But, still, funding system generally. Mr. Forster ina considerable share of the lo s must arise timated his intention to move for an inquiry from the depreciation of Irish bank paper. into the stale of the currency and the Here in England the paper has undergone banking affairs of lieland. Such an inquiry a virtual depreciation; but, in Ireland, the will be of service, because it must bring depreciation has actually and openly taken forth additional proofs of the total vielessplace, and people advertise for guineas at ness of all partial remedies. --In the a premiuin of twelye and a half, and, in course of the conversation in the Houie of soine instances, of fourteen per centum. Commons, a fact of considerable importThe Irish are an odd people; they do not ance came out. Lord Archibald Hamilton regard “ guineas an useless and expensive stated, with many apologies, the neces6 incumbrance"! What idiots they are ! sity of which was by no means evident, --Irish bank notes are a legal tender, that, while the difference of the exin the same way that English bank notes change between the two countries was : 0 are : they are, in fact, the only money great as 18 or 19 per centum, the Lords of which a landlord can demand froin his te the Treasury of Ireland received their sa. nant; and, as they have, from Callies laries at par; to which Mr. Corry replied, which are evident enough, sunk titer than that, not only the Lords of the Irish TreaEnglish bank notes, the landlord cannot sury, but all the officers of the Irish goexpect to have an equal amount of English vernment, whose official dutici called theni bank notes in exchange for them, especie to England, did certainly receive their saally while there is so much inore money laries at par! This is neither more nor to be sent from Ireland to England than less than making an addition to those salafrom England to Ireland --The gentle. ries without consent of Parliament ; and, men who have complained of this evil, this if it be not regularly and fully inquired very material deduction from their incomes, into, adieu to all thai' guardianship of the seem to attribute too great a part of the public purse, of which we have frequently blame to the Irish bank directors and their licard so much talk. There are many mia company, asserting that, while the paper is litary officers, upon the Irish establishinent, daily falling lowerand lower, the bank direc whose (!uty calls them to England. Memtors and their a isociates are sharing greater ber; of Parliament themselves are, by their dividends than ever ; and, it is alleged even duty, called to England. Does the governthat the capital of the bankers bear but ment make to all these gentlemen a coma a very slighi proportion to the amount of pensation for what they love by the differthe paper that they have allvat. But, do ence of exchange? But, as it is impossible not these complainants mistake the instru to suppose that this matter will not undergo ment by wbich ihey are wounded for the a Parliamentary inquiry, , no more necd be hand, by which thai instrumeni is wielded ? said on it at present. Or, do they think it more prudent to 11 Buitish FINA ces. The readers of veigh against the former than it is to in the Register will recolect the several instan. veigh aginst the latter? The bank direc Cts, in which I bare foretold, that there tors an..-bank company of Ireland are no would appear, at the close of :1803, a very more than the instruments in ihe lands of the serious-defalcation in the revenur.

The

year 180-2

“6 An ac

state of the surplus of the Consolidated Fund Net produce of permanent taxes in the has not yet been laid before Parliament, and,

27,531,358 therefore, upon that particular topic I shall

Add corn bounties paid at the custom-
house in the year 1902

1,633,587 not, at present, enter ; bui, an account of the produce of the taxes has been laid

29,164,945 before l'arliament, and, it is with respect Net produce of permanent to the facts and symptoms which that

taxes in the year 18113..30,710,747

Deduct for new taxes .... 2,907,219 Piper exb bits, that I beg leave to re

27,743,528 quest the attention of all those who wish to see the country duly prepared for the Defalcation in the year 1803........ £.1,421,419 crisis which is approaching. The paper, to which I refer, is enuiled,

This is the Doctor's " improvement " of « count of ihe net produce of che perma

the revenue ! A falling off of 1,421,4191. in Dent taxes of Great Britain, in the years the year 1803, is here clearly proved to have “ ending 5th of January, 1803, and 5th

taken place. There was more money ac. st of January, 1804 respectively, distin

Tually collected in the year 1803 than in " guishing each year." Why these annual 1802; but, there was, in the former year, accounts are made up to the 5th day of Ja the sum of 2,967,2191. added io new taxes, puary, except for the express purpose of

whereas the addition to the produce of the confusion, it would be hard to say ; but so it yer was only 1,545,8021.--To this sum of is, and therefore, io speaking of the year

defalcation we must atd, 100, half a million, endiog 5th January, 1803, we will call at least, for the depreciation of money. The it the year 1802, aid in speaking of the principle upon which this is done was stated year ending the 5th of January 1801,

in Vol. IV. p. 857 and 858, to which I beg we will call it the year 1803.--Having

the reader to refer ; and, if he agree with thus swept this Exchequer rubbish out me as to that principle, he will also agree of the way, I proceed to observe, chat, with me, that, during the last year, the according to this account, the taxes produced

Doctor's “ improvement” of the revenue bas in the year 1802, amount to 27,531,35$).

been exhibited in a falling of of two nillions and ihose produced in 1803, amounted to sterling -We will now look at this matter 30.710 7471. Besides this latter sum, there in another point of view. Hithertó we is the amount of the war-taxes, collected in

have compared year against year, and we 1803 ;' - but, as these are entirely separate, 1

should have contented ourselves with finding shall speak of them separately.--Froin a

that there was no falling off; no decrease in cursory view of the two sums above men. the produce of any of the taxes ; but, we tioned, it would appear, that a very con must now compare the result of the year's siderable increase had !aken place in the

experience with the flattering promises of taxes ; or, to use the words which the mi the Doctor, and with ihe " magnificent repisters put into lis Viajesty's last speech, thit ceipts anticipated by Lord Auckland. The revenue had been greatly “ improved."

Estimate of Lord Auckland, of the amount of the But, let it be observed, that, in the year

net revenue for 1803, including lotiury, and land tax, and malt tax

34,810,40 1802, there was paid, in corn bounties, the

Actual produce of the year sum of 1.633,5871. These corn bounties

1803, according to the are paid at the custom-house, out of the

above account

30,710.7,47

Deduct new taxes imposed proceeds of the taxes collected there, and,

since the date of Lord of course, the taxes paid into the exchequer

Auckland's estimate.... 139,436 are so much less on that aocount. Therefore, as there have been no corn bounties paid in

30,571,311 the year 1803, we must, in making a coin. And lan i tis and lottery 1,750,217

32,521,5:8 parison between the net produce of the tivo

Defilcation in Lord Auckland's years, add this 1,633,5871. to the com pail

mazaifont ieceipts

2,518,936 into the excheqcer in 1802 Then, we must remenuber, that, in the year 1903, I have observed, that the war.taxes were there were new 13xes, which iaxes were not included in ihe above. The public will inposed in 1802, but did not come into the recoileci, and, by and by, they will feel, receipt of iltat year, to the amount of that, in June last, the Doctor imposed what 2.627,7831. And also other new i3x5 im he called war-laxes, to the annusi estimated posed and collected in the year 1803 to the amount of 12,500,000! Bui, it must be amount of 159,4361., both u hich sums munt, allowe!, Idat he did not count upon so large in this comparative view, bed ducted from

a sum being raised fun this source during the she total nei produce of ibe year 1903. year 1803.

Let us hear his own words :

“ The committee, however, must be aware, All the correspondence should be read with " that, though Parliament way determine 10 attention. Ireland is now the interesting “ raise so 'arge a part of the supplies for the part

of the empire. in her fields, it is very "service of the year, yet it must be obvious, probable, that the fate of England will be " that a very considerable part of this sum decided. Lord Redesdale complains of his " cannot be raised within the present year. letters being publisbed. Why? Did be " I will, therefore, only calculate the sum imagine that this new book of homilies was "to be prod ced by hise axis in chis year, to be kept hidden from the world? What " at 4,500 KO'* Now, what is the re he regardrd as likely to be so useful to presult? What says th account, which has serve, the loyalty of Lord Fingal was surely ber o laid bfire Pailument, relative to These as likely to effect the same purpose amongst war-taxes? Why, ii says, that in the year the catholics at large. What! his lordship's 1803, the Doctor bas coilcied from ih se modesty would, then, have led him to bide taxes 1,874,0721. instead of 4.500,000 his candle under a bushel! He did not wish Here is a fact that ad.nits of no sabierfuge, us to know, that, in the other talen:s which no evasion, no shuffle. The Doctor toll the ender him “ a truly great character," he. House of Commons, “the guardians of the added that of being a polemic divine! But, public pusse," that he calculaird upon it is to be hoped, that this correspondeuce 4,500 000). froin this source; and, it bas will, at no very distant day, become the yielded him much less ihan halt that sum. subject of serious inquiry ; for, is it possiW niin ne old, perlaps, ihat the deficit ble, hat, while ilıree-fourths of the people is owing to the delay in collecting the in of Ireland are led to believe, that the percome-tax; but, let it be rrcollecied, that sons to whom his Majesty has committed the wh le year's income-lax was reckoned at the immediate power of ruling them, look only 4,500.000 1., and that, supposing it to upon them in ihe light, in which they are have bero postponed from some cause not regarded and described by Lord Redesdale;at all injurious o its future sucress, ihe sum is it possible, ibat, while this is the case, collected from the other war-taxes ought to

there can be any real criptent and tranquilo: have been about three millions, whereas it lity in that country? This is a question on actually is only about one million and four. ' which the fate of the British empire is Afths. In fact, who does not perceive, that deeply involved. these taxes will fail, that they will not yieli ARMY OF Reserve.-The raising men much above one half of the amount at which for this body is pretty nearly at a stand, they have been estimated, or, yielding more, ibough there are yet 15,000 wanted to comwill, in the same degree, impoverish ihe old plete the number specihed in the act of para taxes? Who does not perceive that other

liament. The source is dried up, as it was tages must be resoried io, or that we must foretold, long enough ago. Meu are not again have recourse to loans ? The Doctor to be had, neither for this bo ly nor for the boasted, really borsted, a little wbile ago, militia, until there are some released from that he had laid new taxe; upon the people The volunteer corps. A delightful situation to the amount of 17,000,000l. aonually! If we are reduced to ! The whole business of he could collect thein, it would not iben be recruiting is at a stand; and, of course, tho much to boast of; but, if he' ever collects army is daily upon the decrease! How long, 10 out of the '17 milliors, there will remain, good God! how long are we to remain in in my mind, no doubt of his having dealings This situation ? Are we to stand thus, till the with Salan. He may go on imposing taxes, enemy comes and puts the yoke round our for I see nothing to stop him. He may tax necks? The ministerial hirelings affect, with our eyes and limbi, our tingers and toes, and awkward grin, to despise ihe accjunts which all the hairs of our head, one by one ; but, the French papers give of our fears, our inunless he can collect, as well as impose, to decision, our stupor ; but, those accounts are what end are bis impositions ? - Want of perfectly true. “ England presents the pictime compels me to break off, or it was my

ture of a ship sailing through new seas, exe, intention to enquire, how long 'the Doctor's “ posed to the rage of storms, and conducted finances could possibly last. In my next the

“ by pilots without skill, unsteady in their subject shall be resumed."

course, disagreeing us to he line they LORD RED SDALE and his correspondence ought to pursue, and evidently of that class shall be the subject of some futere sheet. "s of pilots by whom ships are lost." Never The reader will food some valuable marier was there a truer picture drawn; and, when şelative to it in the former part of this sheet. the ministerial slaves express their wish, that

the people of France might view our “ an. Seç Register, Vol. III, p. 9

vied b. ppiness," they talk like guzzlers and

gorinandizers, like animals without senti- | or two*, will most probably be at the head ment, creatures whose views extend no fur of his corps, collected from Hannah More's ther than the covering of the back and the Sunday Schools in the Mendip Huds. Where fceding of the belly. Such creatures, if they the “ truly great characie," his brother, formed a vast majority of the nation, never may be, it is very hard to guess.--It will, long remained free, and never deserved so to however, become us, the people of these remain for one single moment.

kingdoms, to be prepared for fighting; for, MR. SHERIDAN.---This gentleman has, if the French invade us, we may rest assurwithia ihese few days, been appointed, by ed, that it will not be child's play. I greatly his Royal Highness ibe Prince of Wales, to fear, for iny part, that, for several months a place worth two thousand pounds a year. past, public spirit has been making a retro

The long silence of Mr. Sheridan gave gade motion; That it has been drooping again occasion to some one to co:npare him to a to the state in which it was in June last. No duck: " he is under water at present," it man has any contidence in the ministers. was said, " but you'll see hiin come up All is apprehension with respect to their " again, by and by. Exactly where no one measures. All is uncertainty, doubt, suspi“ knows; but up he'll come when he finds cion, and dre:d. If we are thus found by si a favourable opportunity." This predic the enemy, what must be our fate? tion is now partly fulfilled; but, the diver has undergone a change during his disappear

TO THE PUBLIC. ance. He went down a patriot, and is come The Public will recollect, that, in the up a placeman, We shall now hear no more month of August last, a most atrocious libel bartered jests about cheese-parings and can: was published against mne by Mr. Herior, dle-ends. Let Mr. Sheridan now look back formerly a player at the Royalty Theatre, to the speech from which my motto is taken, and now the proprietor of the True Briton and say how much he intends to give out of and Sun newspapers, under the patronage. his sinecure income towards " finuling bread and protection of Messrs. Rose and Long It “ for the labouring poor." The labouring will be remembered, that in consequence of poor want bread now, full as much as they my going to this man for information redid in 1797; nor has he any better right to specung the origin of the libel, he behaved keep his salary to himself than any other | in a most insolent manner, and that he atplaceman bas; and, he must, therefore, ex terwards pretended I assaulted him, and ac. cuse me if I trouble bim with one more let- tually had the impurence to cause a bill of ter, in order to inquire on what he founds indictment to be found against me and my his pretensions to two thousaud pounds a

friend at the Quarter Sessions, whence he year of the pablic money.

had the further assurance to reinove the inINVASION.–The reports of approaching dictment into the Court of Krug's Bench, invasion thicken again; and, seeing how we where the trial was expected to come on, are now situated, it would not be very sur before Lord Ellenborough, this weck. prizing if it were attempted. It is said, that So conscious was I of tbe goodness of my the French fleet is got out of Toulon. That cause, and so perfect was my reliance fleet may easily raise the blockade of Ferrol, on the discernment and justice of the and, thus reinforced, may reach Ireland; at | Court and Jury, that, notwithstanding he the same time that another attempt is made had engaged three Councellors, amongst upon England from Boulogne, and another whom were Messrs. Erskine and Garrow, I upon Scotland from Holland. There is least had resolved to make my own defence, and fear for Ireland, seeing that Lord Redesdale was in attendance accordingly, till the Judge is there. His lordship has only to discharge called up the cause, when, to my unter asio. a tirade of letters upon the enemy; and, if

nishment, Mr. Garrow rose, and, by his they should still advance, they will be in client's direction, withdrew the record!!! such a state of stupifaction, that they must There needs no comment on this at present. foil an easy prey to ihe loyal volunteers.-- I have, however, when occasion serves, some If these invasions should take place, we shall, facts to state and some documents to submit in boih countries, be in tke full enjoyment to the public, respecting this transaction, and of all the blessings to be derived from the others more or less connected with it. protecting influence of “ truly great charac" trrs." That" truly great character," Mr.

. See Mr. Plowden's account of 1. H. Adding

ton's snatching a lelter out of his hand and putting Colonel Jobo Hiley Addington, respecıing | it in the fire !!! Plowden's Postliminious Prewhom Mr. Plowden relates a pretty anecdote ' face, just published.

Punted wy wx du Bayis, No. 78, Great Queen Street, and published by R. Bagshaw, Bow Street, Cove

Gardea, where former Numbers may be had; sold also by J. Budd, Crown and Mitre, Pall Mall,

Vol. V. No. 9.].

London, Saturday, 31 March, 1904.

[Price 10D

This grant measure (the Army of Reserve) turns out, at last, to be nothing more than a mere addi

* tion to the militia, with all the evils of that system, perverted and misapplied as it has been for « several years past. Now, in the whole of the United Kingdom, 138,000 men are to be raised by " ballot, with the privilege of exemption from personal service, on the condition of finding a sub" stirute. Does any man dicam, that, after this, it is possible for Great Britain to have an army? " The hope is u: terly childish. An army not recrui:cd must' waste away. In spite of all the hopes, " which some may indulge of transferring men, by new bounties, from the ballocted and substi.' tute force to the regulat army, the army must unavidably staald still for the preseni, and, one “ may veuture to say, that, under such a system, it is not likely to be again put in inution.". MR. WINDHAM's Speech, June 20, 1803. Register, Vol. III. p. 929. 289) -

[200 IRISH EXCHANGE.

fund is lessened by the deduction of these SIR.-I felt great pleasure in yoor having salaries at par, this profit is diininished, and adveried, in your last week's Summary of the Irish government defrauded. They are Politics, to the important fact, which came charged upon, and should be paid in, Ireout in the course of the debate on the Irish land, saddled as every other species of Irish Bank Restriction Bill, ou the 21st of Febru. income is, with the current rate of exary. Mr. Corry, I remember, on that occa. change. Were ibis the case, was the comsion, hinted, with considerable warmth, and, munity protected, as it ought to be, froin I dare say, with great sincerity, how much the discretionary proceedings of secretaries, better pleased he should have been if Lord commissioners, and clerks, there might be Archibald's inquiry had been made to bim some liope of a remedy being devised 10 in private, and not in the face of Parliament. check the present enormous, and, I am conPerhaps, had he reflected on the temper of 1 vinced, artificial excess of the exchange that Parliament, he would rather have pre against Ireland. Mr. Corry and the rest of ferred the latter mode. This extraordinary the gentleinen at par, would then sympaconfession was passed. by in total silence, not thize with the other proprietors of Ireland, a syllable was uttered in reply, and the many of whom, as well as they, are obliged House of Commons have thus given their to atiend in Parliament, and, on that ground, tacit sanction to a proceeding, as unjustifia have the same right, had they the same ble as ever was practised and avowed. Mr. means, of receiving iheir incomes free from Corry and his associates may now go on, at the burden of exchange, which Mr. Corry least, until a different spirit prevails, both may be assured they are as unwilling to in the government, and in the legislature, to | bear as he is. But, till Parliament, or the pay themselves in any way they please, and country, shall stamp this gross misconduct, from whatever fond. Should the exchange long clandestinely practised, and now unrise, as from these gentle wen being secur blushingly avowed, with the reprobation it ed from its effects it probably will, to 50 deserves, The Irish resident in England may per cent. against the proprietors of estates rest assured, bat he exchange will long rein Ireland, beir salaries will be undiminish. main a thorn in thir sides. Mere indife ed But though Parliament may consider ference to an evil which does not reach this abuse as beneath its dignity or above them would ri'nder the Irish ministers backits competency to inquire into, or redress, ward in redressing it, but I suspect they it iš fit that ihe public should understand have an interest in its continuance from their the enormity of it. How dare the officers connexion with the Dublin bankers, who of the Irish Treasury, with Mr. Corry at are accumulating imucose fortunes by the tbeir head, on their own authority, with unrestrained and arbitrary issue of paper. no usage, no precedent in their favour, thus This practise, ground-d upon the restriction put their hands into the public purse ? Mr. on payment in specie, no reflecting min can Corry admits that these salaries are taken doubt is the chief cause of the present high from a fand existing in England for the rate of exchange against Ireland. The sums service of Ireland. Upon the whole of this annually remitted thence to absentees, and fand the Irish government have a right to the inicrest on the Irish loans payable in draw. They, and they only are entitled to England, may aggravate the evil but it is the profit arising on the exchange between obvious, that in spite of thee, were guineas Eogland and Ireland, for the service of the now, as they were in 1796, the common public in Ireland. In proportion as this medium of circulation between boib coun

« ZurückWeiter »