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university of Dublin. The increase be educated in the principles of their of catholics at the university of Dub. religion, it was little matter whelin had been progressive, and at this ther they received that education in moment their number was twice as Ireland or in France. The jealousy great as it had ever been before. But hitherto entertained of catholicism, it was not in the university of Dublin was founded, not on the mere doce only, that the number of catholic trine, but on its foreign connections, students had increased. Great num. its foreign relations, its foreiga views. bers of the higher orders of that body But, now, the objection was changed. were to be found in the universities of No danger was apprehended of those England, and those of Glasgow and foreign relations and foreign views. Edinburgh. The enlargement of the The Roman-catbolic might go abroad. university of Dublin would be to no But, if kept at home, if educated purpose. Persons whose intention it in the bosom of his country, he was to instruct their flocks in certain would be dangerous. Was this the . articles of faith, and in the obser. doctrine ? If so, in order to be re. vance of certain religious ceremonies, 'futed, it needed only to be repeated, would never be induced or forced to And, if it was not, if foreign con. embrace a system ofeducation foreign nections and views were dangerous, from those intentions. The Roman. why promote those views, and catholics being in a great degree cut strengthen those connections, by off from foreign education; to restrict exiling the Roman-catholic for the them to the university of Dublin, purpose of educating him,—not at would be to restrict them to a state the expence and under the protection of ignorance. As to what had fallen of his majesty's government, but as from Mr. P. about the college of a pensioner on the bounty of the Maynooth being independent of all emperor of France ? visitorial inspection and power, the Lord Mahon observed, that the bearned gentleman would find it dis. influence of the catholic priests in tinctly specified by the statute, that Ireland had been too strongly ex. the lord chancellor and judges of the emplified by the events of the recountry shall be visitors of the mo. bellion. He therefore considered it rals and conduct of the seminary, as as an inestimable benefit, to have the connected with civil policy; wisely ab. care of their education committed to staining from all interference either in the government of the country. their religious doctrine or discipline. Mr. Wilberforce confessed that

Mr. Banks objected to the addi. he was not one of those men who tiotal grant now moved for, as it entertained the enlarged and liberal would double the number of students views on religious subjects, insisted for the catholic priesthood in Ireland, on with so much energy by Mr. and consequently make the £.5000. Grattan. He was not so much like annnal. A regular supply for the a certain ruler (Buonaparte), of catholic priesthood, like many other whom it had been very happily said, objects, might be accomplished by that he was an honorary member of private contributions.

all religions. He could not help say. Mr. Grattan was surprised to ing, that in his opinion, the institution bear from Mr. Perceval, that if the at Maynooth would cramp the Roman.catholics of Ireland were to growth of protestantism in Ireland.

It would be cruel and criminal to for their edacation in Lisbon, to oppress or restrain the catholic reli. to his college. He had offered there gior. But it was no oppression not not only education, but every tempto favour it to the detriment of the tation that he thought likely to with protestant establishment,

draw them from their king and Lord Howick observed, that as country. On a representation of the the principle of the institution had matter to the catholic bishops in Ire. been acquiesced in ever since 1795, land, they treated it as it deserved, it was strange that the present grant and denounced exclusion from the should be resisted. For, as the faith against any who might be weak house had acknowledged the princi. enough to fall into the snare laid ple, it followed that they could not for their allegiance. This threat had refuse such additionalgrants as times the desired effect. But we should and circumstances might render ne. not in future leave any description cessary. This was an argument in of his majesty's subjects exposed to favour of the grant, from their own the temptations of the enemy. Lord concession. But, in support of the Howick expressed, in the strongest argument, he could instance a fact, terms, an intention of making up, aj which, he was confident, would esa far as lay in his power, for the time tablish the necessity of encouraging which had been mispent with respect home education for the catholic to Ireland. And with respect to priesthood of the land.

the grant to the catholic college of sorry he had not the document Maynooth, if circumstances made it about bim, but the fact was, that necessary to have the grant made lon. doctor Walsh, a priest of talents, ger, he should most cordially support who was appointed head of the it. Of course he gave his full assent to college established in Paris for the the resolution now proposed. —'This education of catholic priests, had résolution and the others were then used all means in his power to induce severaly moved and carried. such of the Irish as tholios, as went

He was

CHA

C H A P. VI.

Finances of the Country.-Supplies.-Ways and Means.-Plan of

Finance, with its Object, proposed by Lord Henry Petiy.- Eleven Resolutions relating to his Plan luid on the Table for the consider. ction of the House of Commons.-Objections to the Plun by Mr. Johnstone,- and by Lord Castlereagh.-Resolutions relating to a Plan of Finance, submitted to the

House by Lord Castlereugh, in place of that of Lord H. P.-Objections to Lord H. P.'} Plan by Mr. Long. -Lord H. P.'s Plan defended by Mr. Tier. rey,—and by Lord H. P. himself.-Farther Reasoning against Lord H. P.'s Plan by Lord Castlereagh.- Fundamental Error in Lord C.'s Plan of Finance pointed out by Mr. Giles.- Lord H. P.'s Plan defended by Mr. Davie Giddy.-Resolutions on Lord H. P.'s Plan reported and agreed to.- Plan of Finance by Sir James Pulteney.- Lord P.'s Plan defended, and Lord C.'s attacked by Mr. H. Thornton.-Ways and Meuns.- Progress of the Commission of Military Inquiry.- Abuses in the Barrack Department.– Fraudu. lert Dealings of Mr. Alexander Darison.- Proceedings of the Treasury with regard to Davison.-Motion by Mr. Robson for the Appnoitment of a Committee of Inquiry into useless Places, and sinecure Offices.-Slightly amended by Lord H. Petty, and agreed 10.-Reflections on the Proceedings in Parliament relating to Finance.-On the Nature of Money, and its great and still increasing Influr.-Bad Effects of this.-Observations on the Funding System.-And on the Sinking Fund for paying off the National Debt.

THE

THE estimates for the service of acts relating to the redemption of

the current year having been the public debt, and also the sereral approved, it became the next and acts for granting to his majesty cermost important duty of the house of tain duties for a limited time, after commons, to devise in what manner the ratification of a definitive treaty the free revenue of the country of peace, be referred to the com. might be rendered sufficient for den mittee. The house having resolved fraying so enormous expences. itself into the said committee, Mr.

Thursday, January 29, in the Hobhouse in the chair ; house of commons, lord Henry Lord Henry Petty, after a proce. Petty moved the order of the day, mium relating to the arduous nature for the house to resolve itself into a of the task he had to perform, and committee of the whole house, to requesting the patient and unwearied take into consideration the finances attention of the house, proceeded of the country ; also, that the several to state as the foundation of what

he

Duty on malt, pet: } £2,750,000 cation our resources in future

wind

he should have afterwards to submit Lord H. Petty having thus fully sta to the house, the supplies, and ways ted the supplies, and ways and means and means for the present year, as for the year, said, that in ordinary far as they could then be estimated. times, he might be justified in confi. Nearly the whole of the supplies had ning his views to the exigencies of the already been voted by the house. moment; that he might here close his He came now to state the supplies statement, dismissing the subject for wanted: the total amount of which, the present year, and relieving himfor Great Britain and Ireland, as self from the necessity of trespassing a joint charge, was 43,811,340L farther on the patience of the house. Ils. 8d.

But in the present crisis of the his. Of this aggregate sum, the portion tory of the world, it was their duty, to be furnished by Great Britain, if they could, to anticipate the dan. was 40,527,0651. ils. 8d; that to he gers it contained, and to provide defrayed by Ireland, £.5,314,275.* against those evils which it threatened.

After an enumeration of the va. First of all, it became their duty to rious articles of ways and means, make sach arrangements as should he stated, that in addition to the enable us, if the war should be proseveral sums for which those pro. tracted, to maintain the dreadful vided, there remained to be raised conflict, with the firmness we had by loan £.12,200,000. The whole hitherto shewn in its support, and, of the means were then to be stated if possible, with increased energy thus :

and exertion. It was of great im.

portance to consider of what appli. sions, tobacco, &c. Surplus of consoli.

admit, and, if possible, to combine dated fund,

3,500,000

with a provision for the vigorous War taxes,

19,800,000 support of the contest in which we Lottery,

450,000 are engaged, some relief from the Exchequer bills on a

prospect of increasing burthens.rote of credit,

2,400,000 This was the object of the plan of Loan,

12,200,000 finance he had to propose. He pro.

ceeded to state the plan of necessity, TOTAL, £41,100,000 at very great length, in detail, to It should be observed, that the total gether with the arguments on which of the supplies being 40,527,0651. it was founded. The spirit or firs 118, 8d. while that of the ways principle of the plan, appears to and means was £.41,100,000, there have been to render the operation o would remain an excess of 572,9341. the sinking fund more equal in it 85. 4d. an excess which it might be progress; to increase its presen desirable to provide, with an eye to powers, and to diffuse over a grea those circumstances in the state of number of years those extensive the world, which might occasion an effects, which would, according to unavoidable fluctuation in that part the present system, be confined to of our revenue which arose from the the latest period of its operation trade and commerce of the country. and to keep up the price of stock * For a detailed account of the supplies, see Appendix to the Chronicle.

by

a} 2,400,000

by the application of a larger sinking the sinking fund, those inconveni. fand to the redemption of the pre. ences would be avoided, which would sent debt, until the period to its necessari'y arise from the too great final extinction, than would have influx of money into the market been made during the same period, during the latter years of its opera. by the effect of the present system. tion. It was true, indeed, that a

Lord Petty, in recapitulating the part of the war taxes would be beads of his system, sfated, that we pledged beyond the war, but, he should in the first place, by this had already shewn that the property plan, be enabled to provide for tax might, under any circumstances, an extraordinary expenditure of be released at the end of six months £.$2,000,000. --Should any farther from the ratification of the definitive. charge arise, that charge must, under And, by the application of the exthis, as under any other system of cesses, as they should arise, of the inance, be productive of additional sinking funds of the present war. burthens.—But (unforeseen charges debts, as they should arise, the re. apart) we should be enabled to pro. lease of the other war taxes would be vide for £.32,000,000 without any considerably accelerated. additional burthen on the public for Important, lord H. Petty ob. the next three years, and, should served, as the advantages of this plan the war continue so long, for the were, both in respect of the present seven years subsequent to that relief which it afforded, and the pre. period, with the comparatively vention of those future evils, which trifling addition to the taxes of the unlimited operation of the sink. 4.293,000 annually. But, should ing fund must ultimately occasion, the war be still farther protracted, its principal benefit consisted in the should it even continue for ten years impression which it must make both beyond these two periods, we should in this country and out of it: have the means of providing for an where it would be seen, that without expenditure of £.32,000 withoutim. any farther material pressure on the posing on the public any additional resources of the country, and by a berthen at all. And this relief would perseverance only in the wonted exbe obtained without the least injury ertions, parliament now found itself to the interest of the stock-holder. enabled to meet with confidence all On the contrary, an addition would the exigencies of the present war, be made to the sinkiog fund even in to whatever period its continuance the present year. An amount equal might be necessary for maintaining to the present unredeemed debt the honour and independence of the would be more speedily redeemed. empire.- He concluded with laying The proportion which the sinking eleven resolutions relating to his fond bore to the upredeemed debt, plan, on the table : and proposed and on which the period of the du. that the consideration of them should ration of that debt depended, would be adjourned till Wednesday se'n. he increased. And, by a more night.* equal distribution of the powers of Mr. Johnstone, though he agreed

• These resolutions will be found in the Appendix to the Chronicle. See also, in the Appendix to the Chronicle, this plan of Finance, as described by the miLister, and published in an official Paper.

to

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