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gain in the 3 per cents.; it had, however, been carried into effect, and the result would be, a decrease of charge and interest, to a very considerable amount. On a casual view of the subject, this would not appear to be the case, but a little consideration would prove, that an amount of nominal capital, of not less than 4,000,000l. would be saved, by taking part of the loan in the 5 per cent. The total amount of the loan was 24,000,000!. Of which 5,500,000l. was for the service of Ireland, leaving to Great Britain a sum of 18 millions and a half. For every 100l. in money the contractors would receive a capital of 30l. navy 5 per cent.; 8ol. 3 per cents. reduced; 231. 10s. 3 per cent. consuls. To avoid increasing the charge on the consolidated fund, they had for the first time, stipulated, that instead of paying interest for the six preceding months, it should only begin to run from July next in the navy 5 per cents., and from April last in the consols. This system would produce a reduction from the 5 percents. of 2,500,000l., and from the consols, of 1,500,000l. Calculating the loan on these terms, the interest would be found not to exceed 4l. 12s. 1d. per cent. The first dividend, being exempted from the property tax, formed a respectable bonus: and, as it was intended to meet the charge created by funding for the service of the present year, by cancelling redeemed stock in the manner provided for in the last session of parliament, the necessity of burdening the consolidated fund with any additional charge would thus be avoided. The

most remarkable circumstance connected with the present loan, and one which he believed had never before occurred, was the improvement which took place in the state of the funds, at a time when it was known that so large a sum of money was about to be borrowed. The actual biddings became, in consequence, so much more favourable, that almost a million of stock was saved to the public, which, if government had closed with the contractors on Wednesday last, must have been given to them. When the funds rose so high, at the period when a loan was pending, it proved the flourishing state of our public credit, and, at the same time, held out the most flattering hope, that they would continue, for the remainder of the year, equally elevated. The interest of 41. 125. id. to which were to be added the sinking fund charge, and the other incidental expenses, made a total of something more than 8 per cent. It was his intention to move a resolution for cancelling an amount of stock sufficient to bear this charge; and even when that was done, not less than 50,000,000l. of surplus stock would still remain applicable to the service of the country. The right hon. gentleman then moved, "That it is the opinion of this Committee, that, towards raising the supply to be granted to his Majesty, the sum of 24,000,000%. be raised by annuities; the charges of 18,500,000l. whereof shall be defrayed by Great Britain, and of 5,500,cool. by Ireland."

A conversation then followed between the Chancellor of the Exchequer and Mr. Grenfell, in

which the latter expressed his regret that the right hon. gentleman had not applied a part, at least, of the sinking fund in lowering the amount of the loan. He was surprized at the reason offered for this, which was, that they who came to bid for the loan were against such a proceeding; as if it were necessary to take the advice of those who were deeply interested in the amount of the loan. The right hon. gentleman admitted that one of the contractors was of a different opinion from the rest. He knew the person alluded

to, and believed that no man in the country had a greater practical knowledge of the subject than he had.

The Chancellor of the Exchequer, in reply, said that he had procured a much better bargain by agreeing to the terms offered by the contractors, than he could possibly have obtained by the system to which his hon. friend was so partial.

The resolution proposed was then agreed to, as were two others, relative to the terms of the loan.

CHAP

CHAPTER XIV.

Bill for the better Execution of the Laws in Ireland.-Discussion of the Treaty of Peace with France.-Prince Regent's Speech, and Prorogation of Parliament,

ON June 23d, Mr. Peel (chief rather than give information against

secretary for Ireland) rose in the House of Commons to submit a motion for a bill for the better execution of the laws in Ireland. He said, the state of that country had for some time past been such as to call for the adoption of additional measures for securing the public tranquillity, and he had been prepared at a much earlier period to propose them to the consideration of parliament, but the hope of some good effects from the general pacification of Europe had induced him to delay. Such hopes had, however, been frustrated, and he could not, consistently with his duty, protract any longer the production of his plan.

The disturbances, for which he was to propose a remedy, originated in different causes. The first he should mention was of a political nature, and arose from combinations of idle infatuated people, who were made the dupes of persons of superior information. Their object was to overthrow the existing government, and transfer the allegiance of the people to foreign powers; an intention which was proved by the tenor of an oath brought in evidence against several persons at the last assizes in Ireland, and which Mr. P. now read. It bound the taker to suffer death

his companions; to join the French on their landing, &c. A second class of combinations were those which were formed on the pretence of redressing local griev ances; and though the objects were various, the general mode of carrying them into effect was the same, namely, inflicting punishment upon the persons who disobeyed their orders. As a proof of the accuracy of this statement, Mr. P. referred to the proceedings at the last assizes of Roscommon, and to a letter from a magistrate who had been sent into Westmeath for the purpose of making enquiries. These combinations, he observed, were not only mischievous in their present effects, but were formidable from their accustoming the persons combining to habits of great caution and strict discipline, which might render them dangerous engines in the hands of designing men. Another unfortunate source of disturbance was religious animosity, and the pains that had been taken by means of the press and inflammatory speeches to induce the Irish Catholics to believe that the government was not disposed to administer the same justice to them as to their Protestant fellow-subjects. He hoped, however,

that

that the means which had been taken to convince them of the determination of government to treat all offenders against the public peace with perfect impartiality, had not been without effect. Having pointed out these principal features of the tumults in Ireland, the right honourable gentleman observed, that one of the greatest obstacles to the administration of the law in that country arose from the difficulty of procuring persons to give information to government, and evidence in case of violations of the peace. This was partly owing to a kind of romantic feeling, and partly to a system of intimidation, which was carried to great lengths, and often produced scenes of atrocious barbarity. Having, from various documents, given proof that the ordinary powers of the civil magistrates were not sufficient to maintain the public tranquillity in Ireland, he said, that in his opinion it would be much better to invest the civil powers with additional authority, than to call in the aid of the military; and he proceeded to .state the provisions of the bill which he was about to move for. They were, to enable the lord lieutenant, when disturbances existed in a district, to proclaim it to be in a disturbed state, and to appoint a superintending magistrate with a salary, and special constables with salaries. The magistrate to have a house and office, but not to be invested with extraordinary powers; to be reponsible immediately to the government, and removable at pleasure, and to be called upon for those exertions which could not be expected from the ordinary magistrates. The special constables to be select

ed from farmers' sons, and persons of that class, and to keep watch and ward in the district under the control of the superintending magistrate. The expenses for this establishment to be borne by the district. After some further explanations, he moved "That leave be given to bring in a bill to provide for the better execution of the laws in Ireland, by appointing superintending magistrates and additional constables in counties in certain cases."

In the conversation which followed, there was a general concurrence in the principle of the bill, and approbation of its mildness; and leave was given to bring in the bill.

After the bill had been twie read and committed, Mr. Peel, n July 8th, rose, he said, with cosiderable regret, to propose an a iditional measure for the preserv 1tion of the public peace in I eland. When he brought forward the bill now in progress, he had reserved to himself the rght, should circumstances require it, of bringing in another of a mere effective nature. Since he last addressed the house, he had endeavoured to collect information from every quarter of the state of the country, and he was sorry to say, that in those parts of Ireland where the laws had been administered with the greates; severity, and where the greates number of convictions had take place, the terror of those convic.ons had scarcely survived the caus while W combinations of a more extensive and dangerous kind had been formed, which defied the operations of the law as it now existed. It was therefore become necessary to entrust the Irish government

with a power to be exercised in case of emergency of a nature more decisive than that of which it was already possessed; and the proposition he should make for this purpose was the revival of a measure which had received the sanction of parliament in 1807. It was contained in a clause of the Insurrection Act, providing, that in case any part of the country should be disturbed, or in danger of being so, two justices of the peace should be empowered to summon an extraordinary sessions of the county, which should consist of seven magistrates, who were to make a report to the lord-lieutenant that the district was in a state of disturbance, and that the ordinary law was inadequate to the preservation of the peace: the lord-lieutenant, by the advice of his privy-council, was thereupon empowered to issue a proclamation, commanding all residents within the said district to keep within their houses from sunset to sun-sise, and that no persons should be suffered to be drinking in a public-house after nine o'clock at night; and further, if any should be detected out of their houses at the prohibited times without being able to shew good cause, they should be liable to transportation for the term of seven years. It was also required that the lord-lieutenant should order a special sessions of the peace to be held, at which these persons should be tried, and, if necessary, that trial by jury should be dispensed with. Other provisions sanctioned the employment of the military on occasion, enabled the magistrates to pay domiciliary visits, and break open doors if denied admission, &c. The VOL. LVI.

right honourable gentleman allowed these measures to be evils, but the house was to decide upon comparative evils. It was by no means the intention of government to have recourse to this act, if it should pass, on ordinary occasions, but only when all other means of quelling disturbance should fail. He then referred to the information that had been received of the outrages that were going on in different parts. In Queen's county the Caravats were levying contributions from the little farmers every night, and seizing arms and ammunition whereever they could be found. A set of savages, called Carders, were active in the county of Westmeath, and kept the poor inhabitants in constant dread of assassination, or of having their cabins burnt over their heads. These men derived their name from the operation of applying wool cards, with which they tore the flesh from the bones of the objects of their inhumanity, whose offence was perhaps no more than giving a higher rent to their landlords than others, or refusing to join their lawless bands. These atrocities were not practised by one sect against another, but Catholics and Protestants were alike exposed to them. Mr. P., in conclusion, moved, "That leave be given to bring in a bill to provide for the preserving and restoring of peace in such parts of Ireland as may at any time be disturbed by seditious. persons entering into unlawful combinations or conspiracies."

Mr. Abercromby said, he was far from accusing the Irish government of a desire to grasp at too much power, but he thought the present application had not been made in a parliamentary manner. [M]

The

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