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stead of this, it bad produced an in- lation of trade and wealth. This was creased revenue of no less than 1,236,9071. intimately connected with the present He ought probably to take blame to subject, as it afforded the best hopes himself for having so greatly under-rated with respect to our future resources; the amount to be expected from these and proved, that, whatever might have regulations; but still be boped the been thrown out by persons of great auHouse would be happy that they had thority, there was no reason to apprebeen so productive. The difference be- hend that we were a falling Nation ; tween this expected sum of 106,7581. but that, whatever might bet he pressure and the actual amount of 1,236,9071. on particular branches of trade, greatly left a balance of 1,130,0001. What he as that was to be lamented, there was had to propose, therefore, to the House, no reason to apprehend any great calawas, not only that 970,0001. which mity, no cause for despondence. He would be wanted for the expenditure of concluded by proposing the Resolation, the present year, should be taken from that 12 millions be raised by way of anthis excess of a tax laid on by regulation nuity, &c. in the year 1808; but he also thought Mr. Huskisson thought the country that Parliament was justified in looking was in a state of progressive iosproveto this fund as affording a prospect of ment, which, in a country where prodefraying the interest of the Loan of the perty was so well protected, could only year. Indeed, he should feel himself be stopped by some convulsion. That not justified if he did not call on the it would be difficult to find new taxes House to look to this source. He should which would not be extremely ohjectionpropose to reserve 150,0001. for this able; that there was a limit to taxation; purpose, and then there would suillreinain and that we had nearly reached that 115,0781. as the balance of this one limit, was proved by the statement of Tax, after the interest of the Loan was his Learned friend, who must himself provided for. The Ilon. Gentleman have felt its force, before he could make then anticipated the objections which up his mind to propose the mode which might be made to this new motle of pro- he inte'n led to adopt to supply the means ceeding, and, passing to the Consolidated of the year. He wished to know, wheFund, adverted to the state of the Trade ther he thought it possible, for any of the country. In 1802, a year of great number of years, to continue adPeace, and of the greatest import and ding from a million to 1,200,0001. every export, the export of British Manufac- year to the public burthens ? whether tures amounted to 26,993,0001. Last he thought this would be sufficient on year it amounted to 35,000,0001. making the present plan, even if it could be proa difference of about eight millions. The cured? - and, whether he hoped that export of foreign goods was less last the War could be continued in this way? year; but the blouse would think this Hle maintained, that, without a reduce much more than compensated by the tion of the scale of our annual expendigrcat increase in the export of British ture, it would be impossible to carry on produce. The total export last year the War for any long time. Even in the had been to the amount of, in round event of Peace, they would not be withnumbers, 50 millions ; in 1809, 46 mil. out their difficulties, as it would be exlions, making a difference in favour of pected that a considerable share of the last year of about four millions. He public burthens should be reduced. lle next stated the export of British pro- advised the House to consider well the dnce, on the average of the years 1802-9, nature and extent, and applicability of amounting to 32,942,0001. and then their resources, with a view to Peace and took the highest average of any two War. It was impossible always to go ou former years, amounting to 31,623,0001. in this way, from expedient to expeAll this was sufficient to prove, that, in dient; satisfied with getting over the spite of the peculiar circumstances of difficulty of one year, without advertthe times, our foreign trade continued ing to the next. He begged the House to advance. Respecting the internal to consider to what, if they went on in state of the country, he had not the this way, they would come at last? He means of acquiring such accurate in here related an anecdote wbich was curformation ; but he was informed, that rent in France before the Revolution : the Cloth Trade of Yorkshire bad in some person asked the Minister of Fiereased a million and a half of yards. It nance how they were to go on for a was indeed impossible to look round, number of years? his answer was, that without seeing on all sides the symp the state of things, such as it was, toms of a general increase of trade and would last their time; and after them, wealth; great works, canals, ware no matter what became of the Finances. houses, docks, inclosures, &c. which In a few years after, came that borrible could only be carried on by an accumu

catastrophe,

ers, to.

catastrophe, the French Revolution. included in the produee of the ConsoliThe course his Right Hon. Friend had dated Fund, to which it properly betaken would create the necessity of longed; and a new tax imposed to defray adding another million to next year's the interest of the loan. But the Right loan; so that it was only shifting the Hon. Gentleman broke a wisely estaground; he might as well have placed blished principle, merely to make a the charge upon the war taxes.

fetch at popularity, by a shew of deMr. Rose, in reply to the last speaker, clining new taxes. This, however, all remarked, that we hall made such ar thinking men must feel to be inere derangements for the benefit of those who lusion. For the sum thus taken from were to come after us, that no less than the Consolidated Fund must be again 10 millions per anUM were set apart supplied by new taxes; and if the Right to relieve them from debt, which sum Hon. Gentleman should go on from year was more than the whole revenue of the to year, appropriating a part of the surcountry when he first entered into plus of the Consolidated Fund to pay public life. How the resources of the the interest of his loans, it was obvious country had been so prosperous as the the publick could not ultimately be gain, statement of his Right Ilon. Friend dis The Resolutions were then agreed played, be declared himself unable to account. But somehow it appeared, that, from the industry and ingenuity of House of LORDS, May 17. our inerchants, every prohibitory mea After a short discussion, in which Earls sure of Buonaparte's lad utterly failed Grosvenor and Grey supported the seof their object. lu fact, instead of li cond reading of the Reversion Bill, and miting our trade, it had rather extend were opposed by the Lord Chancellor, ed, in spite of the hostile proceedings of Lords Sidmouthi, Melville, and Redesthe Enemy.

dule, the Earls of Liverpool and CarysMr. T'ierney thought it necessary that fort, the motion was negatived; and some inquiry should be instituted as to the Bill itself, on a subsequent motion the cause of the present state of our re. ly the Lord Chancellor, rejected. Dur. sources, in order to ascertain whether ing the discussion, it was remarked by that cause was likely to be permanent,

Lord Melville, that the Finance Comor merely of a temporary nature. This mittee of the House of Commons, after inquiry appeared the more necessary, as three years investigation, had produced even an old Meinber of the Board of this single measure as the sole result of Trade professed himself unable to ac their labours. count for that prosperity upon which the llouse bad been congratulated. As In the Commons, the same day, Mr. to retrenchincnt, he heard no proposal Whitbread's Bill for amending the Act of it - he could see no sign of it-not for the removal of the Poor, so far as withstanding all the professions that had relates to the regulation of Workhouses, been made. He saw a Vote of Credit was read the first time. equal to that of the last year, when we The House having, upon the motion had Austria and Sweden to subsidize; of Mr. Martin, gone into a Committee and this vote too in addition to that al upon the Third Report of the Finance really granted to Portugal. What then Comunittee, the second Resolution was could be the object of this Vote? It read; when Mr. Bankos observed, tbit certainly required explanation. As to many Gentlemen were of opinion, that the rise in the price of 3 per cent. Stock, Sinecure Ofices ought not to be abohe thought it owing to artificial causes, lished, until some other fund should be by no means indicative of national pro- created, from which his Majesty might sperity, although enabling the Right be enabled to make that provision for Hon. Gentleman to conclude the Loan long services which those occasions af. upon such advantageous terms. But forded; he should, therefore, propose the Right Hon. Gentleman seemed to an amendment, coupling the abolition have a great deal of good luck to help of sinecurts with the substitution of such bim out. In the first year of his finan

a fund. cial duties, the Loan was provided by Blessrs. Martin, Bastard, Whitbread, his predecessors; in the second year, and Cunning, supported the amendbetween 3 and 400,0001. of Annuities fell in; and now a surplus produce of Lord Althorp thought 'the existence Taxes offered, which, however, he of sinecures unsuitable, for two reasops thought the Right Hon. Gentleman was first, because, when the meritorious grossly misapplying, in setting apart to service should recur which called for re pay the interest of the Loan. This sur ward, it was improbable that a sinecure plus ought rather, in his judgment, to be office would be vacant; and secondly

because

nient,

because it was improbable that the Ireland should be referred to a Commitoffice would be a fit reward for service. tee of the whole House."

Lord Miiton shortly spoke; as did Sir J. Hippisley seconded the motion, Messrs. Long, Perceval, and Wharton, and vindicated the Creed of the Cathoin reply.

lics. The debate was then adjourned. Mr. P. Moore opposed the motion, because it did not go far enough; he was

May 21. for the abolition of every sinecure office. In thc Coumittee of Supply, 13,7?31.

The House then divided on, Mr. was granted, for purchasing, and annexBankes's amendment: Aves 93, Noes 99. ing to the British Museum, Mr. Gre

Mr. Martin then agreed that his Re ville's collection of Minerals. (See vol. solutions on the same subject should be LXXX. p. 584.) negatived, and those of Mr. Perceval Gen. Tarleton presented a Petition agreed to, on an understanding that from the inhabitants of Liverpool, in the latter should be discussed, on bring- favour of Parliamputary Reform. ing up the Report.

A similar Petition from Canterbury

was presented by Mr. Wardle. HOUSE OF LORDS, Nay 18,

Mr. Brund, in a lengthened and apThe Royal Assent was notified by propriate speech, subnitted bis motion Commission to 73 Public and Private on the subject of Parliamentary Reform. Bills.

Tlie Hon. Gentleman observed, that the

first and greatest evil that existed was, In the Commons, the same day, a that so many Members of that House Bill for allowing the Trustees of Drury were nominated by individuals, the prolane Theatre to, rebuild the same, was prietors of decayed boroughs. It was read the first time.

well known to have been the practice of In the Committee of Supply, the sum old to relieve, on their application, parof six millions was granted to pay off ticular boroughs from the onus of sendExcbequer Bills.

ing Representatives to Parliament. The In the Committee of Ways and same principle would authorise the disMeans, six millioris by Exchequer Bills franchisement of such boroughs, and was voted for the service of the vear. transfer the right of returning Members

The Committee of Privileges, appoint to that House to more opulent and poed to consider the notices of action sent pulous places. He denied the right of by Sir F. Burdett, presented their re the proprietors of such boroughs to port. It consists solely of a citation of claim remuneration ; yet, he thought, law anthorities and cases, where the that in feeling and equity it ought to privilege in question had been exerciscal, be granted. That property and populaand acquiesced in.

tion formed the basis of Representation, Mr. Whithread obscrved, that the he collected from the spirit of the Conreport was overrun with erasures, made stitution. It was a principle recognized by the pen, the pencil, and the per- by our ancestors, and be found it perknife. The extracts cited from Sir J. vading every one of their measures reE. Wilunot's posthumous papers were specting the constitution of Parliament. given as if they had been taken from The elective franchise for counties had judginents artually delivered by him; very wisely been given to the freeholiers whereas the fact was, that the opinions of such comties. He should not think quoted bad rever been delivered liy him, of altering that arrangement; but was but merely presumed to be delivered. of opinion, that the copybolders should Eleven precedents were also cited as the also be allowed to vote. This was the iinmoveable rorks of their privileges: only alteration be proposed in the riyht but of those pleven rocks it appeared of voting in counties, except in a few of that sccond thoughts had swept away the Northern couuties and in Scotland. four by erasures. Aftet some further In the Metropolis, and other populous discussion, the report was ordered to be places, he should propose, that the re-commited.

right of voting should be given to all Lord A. Hamilton's mo:ion for ex householders paying parochial and other pungins certain resolutions relating to taxes. In the Northern counties of the sale of seats, from the Journals of England, and in Scotland, be could not that House, was negatived without a see any reason why the right of voting division.

should not be assimilated to the pracMir, Gratiron then submitted his pro tice in this country, and left in the nised uintion on the sul ject of Catholic counties to the resident freeholders and Emancipation; and concluded an im- copyholders; and in the boroughs, to pressive and eloquent speech by moving, householders paying parochial and 1. That the Petition of the Catholics of 'other taxes. Norrb of Oxford-street,

there was a population of above 400,000 siness to be competent to his duties in inhabitants, who were at present not that House. He, for his part, would be represented at all. In the West of Eng. inclined to take a middle course between Jand, on the contrary, maay places re the extremes of annual and septennial turned Members to Parliament without Parliaments, and to recommend trienhaving any population deserving of no nial Parliaments; which, without the tice. What claim, he would ask, could evils of either, would possess all the adGatton, Old Sarum, or the sub-marine vantages of both. On the subject of inhabitants of St. Mawes, have to the voting, he thought that the Sheriffs right of sending Representatives to Par-, ought to collect the votes throughout liament? The right of election, in his the different districts, witbout subjecting opinion, should be transferred froin the candidate to the expence of bringing these and such places to Manchester, up the freeholders from the extremities Birmingham, and other populous towns, of the ovanty to the place of the election. and the niost populous counties. With There was another point to which he respect to Scotland, he could not feel it wished to call the attention of the so easy to point out a remedy, as he did House; and that was, to the number of with respect to bis own country. . He persons holding places and seats in that was not sufficiently informed upon the House. His remedy would be, that perstate of Scotland ; but he should sup sons holding places without responsibipose, that there could be no objection lity should not be suffered to have seats to assimilate the election laws of that in that House. After expressing his country to the laws of England. He conviction, that the country must have was not aware that there was any tbing either Reform or a Military Governin the contract for the Union of tbe ment, the Hon. Gentleman concluded, two countries that would preclude such “ That a Coinnittee be appointed, to inan arrangement. As to the state of the quire into the state of the RepresentaRepresentation in Ireland, he was not tion of the People in that House, to disposed to propose any change. He consider of the most effectual means of should, however, bring that subject reforming it, and to report the same, under the consideration of the Commit. with their opinions thereon to the tee, if his motion should be agreed to. House." There were, he bad no doubt, boroughs Messrs. Giddy, S. Bourne, and can in that country, as well as in this, which ring, Lord Milton, and Sir J. Pulteney, were entirely in the noinination of some spoke against the motion; and Messrs. Members of the Aristocracy.--He had Whitbread, Ponsonby, Tierney, W. thus given a general outline of his plan, Smith, C. Wynne, and Noel, and Sir J. which would go to obviate the two prin- Newport, in its favour. cipal objections to the present state of Mr. Wardle quoted the plan of Reform the representation. There was, huw- suggested by Sir F. Burdett last Session ever, another objection of importance, as preferable: respecting the duration of Parliament: On a division, there appeared, for Annual Parliainents would leave the Re the motion 115, against iż 234-Majepresentative too little accustomed to bu- rity 119.

ACCOUNT OF THE ENCENIA AT OXFORD, Monday, July 2. The University was ment, were opened at nine o'clock. In never known to be so full of company a few minutes, the Theatre was completeas it has been on this occasion. Great ly filled; the number of ladies who wishdifficulty was experienced in procuring ed to obtain admission was so very great, horses on the road. This evening the that nearly half of them were disapHigh-street was much crowded with poiuted. Many went intw the neighpeople waiting for the arrival of Lord bouring houses, and others remained in Grenville, the Chancellor His Lord

the street to see the procession. The ship did not enter Oxford till between Noblemen, Heads of Blouses, Doctors, nine and ten. He alighted at Balliol, and Proctors, dressed in their robes, as the college of the Vice-chancellor, where, sembled at Balliol college about ten according to custom, the Chancellor re o'clock, where they were introduced to sides during this celebrity,

the Chancellor; anal at eleven they ac. T'uesday, July 3. Early this morn companied his Lordship and the Viceing a great nuinber or carriages, with chancellor, in procession, . preceded ladies full dressed, and a large concourse by the bedels, to the Theatre. As soon of ladies and gentlemen on foot, began as those who formed the procession bad to assemble at the doors of the Theatre, taken their seats, his Lordship opened which, according to a previous arrange the Convocation, by briefly stating the

purpose

purpose for which it was assembled; stitnted the Clinical Lecture, and first after which he proposed that the hono gave the Annual Prizes for Latin Verse rary degree of Doctor in Civil Law be and English Prose compositions. This coriferred on the following Nobleinen last benefaction, he said, was greater and Gentlemen, who were afterwards than it appeared to be; since it encouseverally presented by Dr. Phillimore, raged a laudable emulation among the the Regius Professor of Civil Law, and young students, and gave rise to niany were admitted to their degrees by the yearly productions, which shewed much Chancellor : - Duke of Somerset, Mar- ingenuity and diligence. This he afquisses of Buckingham, Downshire, and firmed from a personal knowledge of the Ely : Earls of Essex, Abingilon, Jersey, fact for any years. (The Orator is Carysfort, Fortescue, and Temple; Vis one of the judges to determine the counts Bulkeley and Carleton; Lords Prizes.) Having gone through the list Braybrook, Cawdor, and Carrington ; of benefactors, he exhorted the students Right. Hon. Williain Wickham, Right to reflect that their acts of munificence Hon. G. Tierney, Right Hon. W. Elliot, were all calculated to extend the fame Right Hon. Sir Wm. Drummond, K.C. and glory of the University, much more Right Hon. Sir J. Newport, bart. Right than to adorn or enrich it ; and thereHon. Sir J. Anstruther, bart. and Mr. fore he trusted that they would cooperate Fagel, late Greffier of the United Pro towards such a noble end. The concluvinces.

sion of the speech was addressed to the After this ceremony was concluded, Chancellvi, to this effect :--" I bave the Creweian Oration was delivered not hesitated to celebrate the munifiby the Rev. William Crowe, LL.B. cence of these Chancellors in your preof New College, the Public Orator. sence ; for I am not apprehensive that The animated inanner in which this my speech can be misinierpreted so far very elegant Latin composition was de as that any should think I have a design livered, as well as the topics it con to stimulate you to acts of bounty, by tained, called forth great and deserved this recital of the bounty of others. applause. The following analysis, we Your good-will to the University is alfear, will give but a faint idea of the ready well known; and she has proofs of original. The public benefactors to the your liberality, for instance, in the new University being too numerous to be annual Priz. Other acts I could will. comprised in a single oration, it has been ingly mention, but this is not the scausual for the Orator to divide them into son. Envy is too often the attendant elasses, and to take for his subject some upon Virtue, and Death alone can exone most suitable to the occasion. He tinguish it. It is not till then that Virtherefore, for the day, chose to celebrate tue has her clue reward. The age to those Chancellors of the University who come will not fail to give you a more had been its benefactors; but first he ample praise. But may you long live said something of the airtiquity and to preside over us; and may that day be dignity of the office. The Chancellor- far vistant, when your praises will be ship of Oxford 'was always highly ho- beared without envy! This is the wish Hourable, because it was conferred by of all who wish wel to our University." the free suffrages of the members, An Some little indications of discontent at tiently, the person elected was some the opening of the Convocation contriespincnt man resident within the Uni buted to make the conclusion the more versity, who executed the office himself. appropriate. An Galice so laborious was not held for The Prize Compositions were then relife. Buring tbis period, the Ortor no cited in the following order: ticed two Chancellors; Bishop Swyth,

THE CHANCELLOR'S IRIZES. the founder of Brasenose college; and The Latin Verses, " Pyranides ÆgypArchbishop Warham, whom he desired tiacæ,” by Mr. John Taylor Coleridge's leave particularly to name (being him Scholar of Corpus Christi College. self 2 W; kelamist, in the glory of the The English Essay;

" What are the Wykebamists in his age, the great be Arts in the cultivation of which the nefactor of learned men, and particu- Moderns have been less successful than Jarly of Erasmus. The Chancellors the Antients?" by Mr. Richard Whately, whom the speech celebrated were Laud, B.A. of Oric college. This Essay showed the founder of the Arabic Lecture, and a considerable degree of research, and a great benefactor to the Bodleian Li- good habits of analyzation and coinbrary, by the gift of Oriental MSS. &c.; parison. Cvendon, to whose inmortal llistory, The Latin Essay, “ In Philosophiâ, the University ox na her Printing-housi quæ de Vita et Moribus cst, illustranda, Sledo:1, the musicent founder of the qurnain præcipuè Sermonum Socratiun cutri', auté Lin Liibficlel, wlio in corum fuit excellentia ?” by Mr. John

Miller,

;

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