?"

of wages afforded to the labouring population | was never more disappointed than he had been
a greater command over the comforts and upon this occasion by the speech of the hon.
necessaries of life than they possessed in the Member for Oldham. He had said that he
so-much-vaunted times of a depreciated cur- was particularly entitled to address the Honse
reucy Let such a return be made, and if it on this subject; that it was one to which he
were honest it would show that there had had particularly applied himself; that no man
been on the part of the labouring population who spoke upon the subject could say a word
a great increase of the powers of consumption. that was worth listening to that had not been
Why, then, was this inquiry called for? Were stolen from him (Mr. Cobbett), and that the
those who called for it agreed in their opinions noble Lord (the Chancellor of the Exchequer)
as to the course which should be adopted? had made a very good speech, but it had been
Let the House for a moment look to the all taken from his (Mr. Cobbett's) writings.
course which the present discussion had (A laugh). He could assure the honour-
taken. Not any two of the gentlemen who able Member for Oldham, that he might
had taken part in the debate in support of the entertain no such fears with regard to the
motion for the appointment of a committee speech which he had delivered on this
were agreed as to the course which should be occasion; he might not apprehend that he
adopted, not one of them but differed diame- would have any one to steal his ideas in that
trically from the other as to the remedy to instance; they were too original, too extraor
which it was desirable to resort, and was it, dinary, to tempt even the most unprincipled
he would put it to the common sense of the plunderer of such ware. Never indeed was
House, worth while, with such conflicting there a speech made that possessed more effi-
opinions as those gentlemen entertained on cient claims to an exclusive copyright. (A
this subject, to send them to inquire into the laugh). No one that heard him deliver it
state of the country, and to provide a remedy could, if he had not heard the previous de-
for it? (Hear, hear). The hon. Gentlemau bate, bring himself to imagine for a moment
who had spoken first (the hon. Member for that it was on the currency question. While
Whitehaven) had, as it had been remarked, the hon. Member was speaking, a young
wisely abstained from suggesting any parti- Member, who had just come into the House,
cular remedy. It was obvious, however, that and who sat behind him (Sir R. Peel) ad-
a depreciation of the currency was the object dressed him thus: "Is the currency debate
which he had in view. That hon. Member over? Ou the navy estimates, I suppose?
had said that our population bad increased, (A laugh). The fact was that the hon. Mem-
and that our produce had increased, but ber had delivered himself upon the currency
that notwithstanding all that we prevented question of his old notes on the navy esti-
our standard from being increased. The mates. The hon. Member told them that he
honourable Member might just as well have was for a gold standard, and that he preferred
said, "Roads have increased and new works the king's coin to cotton paper. All the re-
“have been discovered, and yet the yard andmedy that the honourable Member proposed
“mile remain the same." (Hear, hear, and a was, that we should cut down everything
laugh). To hear persons talk, as they had connected with our expenditure to the stand-
heard hon. Members in the course of this de-ard of 1792. The hon. Member to'd them
bate, of an antiquated standard," was just
as if they talked of metal being old. They
might just as well talk of the pound weight
having got old, or the weight of metal, as that
the standard of money had become antiquated.
(Hear). The hon. Member was greatly mis-
taken when he asserted that the present stand-
ard of our monetary system did not allow of
variations. Let not, then, the hou. Member
suppose that we had not a variable currency
because we had a fixed money standard of va-
lue. The two things were notfat all incompa-
tible, quite the contrary, as every day's expe-
rience of the commercial transactions of this
country fully proved. The hon. Member for
Whitehaven, as he had already said, had sug-
gested no remedy; he had only attempted to
show that our present mouetary system was
chargeable with every evil that afflicted this
country, and he wisely and prudently abstained
from indicating the remedy. He was followed
on his side of the question by the hon. Member
for Oldham, who said that he would vote for
the motion, and yet that he differed upon every
point with the hon. Member who had brought
it forward. (A laugh). He (Sir Robert Peel)

that it was proper that England should al-
ways assume a high tone; that poor Canning
made her do so till he was corrupted by the
Whigs (a laugh), that she should not allow
France to bave a navy, or Spain to have a
navy; that, in fact, she should insist upon
undisputed dominion upon the sea; and what
wa; the hon. Member's secret for effecting
this magnificent project? Simply to cut down
our expenditure to the standard of 1792.
(Hear, hear). He would ask the hon. Mem-
ber how he would propose to deal with the
Cape of Good Hope-with the Mauritius-
with Malta? (Hear). The hon. Member
said, that England had been engaged in a
great naval war, in which she had annihilated
the power of her enemies, and yet he was at a
loss to know why the number of our admirals
had been increased. (A laugh). The third
speaker in favour of the motion was the hon.
Member for Kuaresborough. He differed
essentially from the mover, and he com-
menced his speech by saying that the plan
recommended by the hon. Member for Old-
ham would lead to national plunder. The
remedy which he proposed was, that they

should have an issue of paper money convert-view would be in progress. The question was ible into gold ingots. The hon. Member for not now as to depreciation or no depreciation, Wolverhampton was the next that followed in but the question was, whether a depreciation support of the motion, and he proposed that should be effected through the means of a the whole of the burdens of the country long and finterminable inquiry that no man should be thrown upou the landed interest. saw the end of. Depreciation was bad enough, The hon. Member for the northern division of but a depreciation so effected would be the Yorkshire, and the hon. Member for New-greatest of all curses. That the country was castle, had not proposed any particular plan; suffering at present under distress no one their plan was for a general and rapid rise of would deny. He believed that a good deal of prices, however it might be effected, through- that suffering was attributable to the effects of out the country. Another hon. Gentleman, the past political excitement, which were now the hon. Member for Birmingham, had not passing away; and besides, the suspension of spoken on this occasion, and he (Sir R. Peel) commercial dealings, which caused that distress did not know, therefore, whether he was was also attributable to the circumstance of inclined now to depart from the plan which those great questions of the Bank charter, and he had recommended as a remedy in 1817. the East Indies and the West Indies not yet That plan was for an unlimited depreciation being settled. If, in addition to the uncerof the standard. Suppose, now, without join-tainty thus produced, they were to throw in ing any of the opponents of the motion with doubts as to the maintenance of our present those seven gentlemen, they should send standard of value, they would only enhance those seven gentlemen to consider merely this the difficulties of the country, and the sufferquestion of the currency-he would ask was ings of the different cla-ses of the population there the slightest prospect of their discovering in it, whom it was their object to relieve, one or agreeing upon a practical remedy? (Hear, hundred-fold. (Hear). The preseut motion hear). Would it be wise when they found was, no doubt, mixed up with a plausible proa patient labouring under a severe disorder position for an inquiry into the distress of the to send for two physiciaus, differing so diame- country, but if they were convinced that its trically in opinion as the hon. Member for real object was a depreciation of the currency, Oldham and the hon.Member for Birmingham, he trusted that they would do their duty in reto send for Sangrado from Oldham, and forjecting it. Sure he was that their constitu Cuchuelo from Birmingham, to rid the poor ents would separate the real object of the mopatient of all his evils by putting an end to tion from the plausible pretence with which it his existence? (Much laughter). Were they had been connected, and that they would give to appoint a committee of such discordant them credit for a right and for a just decision. materials? Were they to send those seven They could address their_constituents in the or eight gentlemen together to consult words of that great man Edmund Burke,—of about a remedy with regard to which every that man who surpassed in all the highest inone of them was of an opposite opinion? tellectual attainments any mau that had exThe motion was for the appointment of isted either before or after him in this couna committee to inquire into the distress; try; who reviewed in his large and compre but if such a committee should be appointed, hensive mind the relations of the governed and the country would understand, from what had of government with clearer views than any man taken place in the course of the discussion, had displayed since the time of Lord Bacon. that the object of its appointment was a depre- (Cheers). He would read to them the docciation of the currency; and it would firmly tine of that most exalted man respecting believe that it had no other object in view. the duty of representatives towards their Now what would be the effect of such a notion, constituents. He says, in answer to those who if it got abroad, upon the commercial dealing called upon him to vote against bis consciof this country? Would not every man, cal-ence, or to resign his seat, "It is certainly not culating that the sovereign, in the course of pleasing to be put out of the public service. four months, would be worth 22s., endeavour But I wish to be a member of Parliament, to to get as many of them as he could? If he bave my share of doing good and resisting should institute an inquiry with such an ob- evil. It would, therefore, be absurd to reject, one effect of it would be the ruin of all bounce my objects, in order to obtain my debtors whose debts had been contracted dur-seat. 1 deceive myself indeed most grossly, ing the last 22 years in a gold currency and if I had not much rather pass the remainder who would be bound to pay them in it. All the of my life hidden in the recesses of the deepest depositors in the Bank of England would at obscurity, feeding my mind even with the once endeavour to get gold for their deposits. visions and imaginations of such things, Would any man, with such a depreciation in than to be placed on the most splendid throne prospect, engage to advance 20,0007. on mort-in the universe, tantalized with a denial of the gage, when he was sure to be paid for his sovereigns, so advanced, in paper twelve months hence? The truth was, that all the speculations of merchants, and all the commercial dealings in the country would be suspended, while such an inquiry with such an object in

practice of all which can make the greatest situation any other than the greatest curse." He called upon them in the same spirit fearlessly to do their duty. They were placed on the mountain-top, in order that they might take a more correct view of things than those

who were involved in the mists and obscurity
of the plain. They might depend upon it, if
they did their duty according to their consci-
eace and judgment, their constituents would
not call them to account; and if they did,
they could reply to them in the beautiful words
of Mr. Burke, which he bad just quoted. If
their constituents should call upon them to
sacrifice their seats for having done their duty,
it would redound to their eterual honour.
They might, in the words of the same great
orator, say" In every accident which may
happen through life, in pain, in sorrow, in de-
pression, and distress, I will call to mind this
accusation, and be comforted." The consti-
tuents of that great man called on him to re-
sign his seat, or sacrifice his principles. He
chose at once the former alternative, and now,
after the lapse of time that had occurred, what
was the contrast between their conduct and
between his? He (Sir R. Peel) called upon
the members of this the first reformed Parlia-
liament, in the same way to do their duty;
they might depend upon it that their consti-
tuents would do justice to their motives, that
they would look upon them as having acted
according to their honest judgment and con-
science, as having acted as representatives
who had faithfully fulfilled their duties to the
country, and who had proved themselves
worthy of being intrusted with the protection
of its interests. (The right hon. Baronet sat
down amidst loud cheers).

From the LONDON GAZETTE,
FRIDAY, APRIL 26, 1833.

INSOLVENTS.

COLEMAN, S. Tottenham, nursery-woman.
PELHAM, J. C., late of Shad-Thames,
Horslydown, wharfinger.

BANKRUPTCIES SUPERSEDED.
GREENLEY, D., jun., Goswell-street,
tualler.
LANCE, W., Lewisham, Kent, victualler.

BANKRUPTS.

NEWARK, H., and J. Toms, Wood-street,
Cheapside, riband manufacturers.
NEWELL, H., St. John's Wood-terrace,
land-town, jeweller.

TUESDAY, APRIL 30, 1833.

INSOLVENTS.

Port

CARTER, J., Cheshunt, Hertfordshire, water-
proof-manufacturer.

RANSFORD, T., Bristol, hat-mauufacturer.
SIMSON, J., Hertford, batter.
SMITH, F., Cheshunt, Hertfordshire, water-
proof-manufacturer.

BANKRUPTCY SUPERSEded.

SHORT, R., Dartmouth, Devonshire, sailmaker.

BANKRUPTS.

BADGER, W., Merthyr Tydvil, Glamorgan-
shire, general-shopkeeper.
BURTON, E,, and J. T. Winterbottam, Man-
chester, wine-merchants.

MARFLEET, D., Whitechapel-road, draper.
MILLINGTON, T. and W., York, curriers.
NORTON, A., Bulstrode-street, Manchester-
square, cabinet-maker.

ROBERTS, J. M., Villiers-street, Strand,
copper-plate-printer.

TAYLOR, J. F., Great St. Helen's, Bishopsgate-street, wine-merchant.

LONDON MARKETS.

MARK-LANE, CORN-EXCHANGE, April 29.The supplies from the home counties fresh up to this morning's market were only moderate. We had a tolerably good attendance of buyers, and fine samples of Wheat being scarce, 1s. per qr. more money was in a few instances realized, though generally speaking the better descriptions were only a shade dearer; secondary and inferior parcels sustained litvic-tle alteration, and a limited demand. Old Wheats maintained fully their former rates, and for bonded parcels some little inquiry still existed, but without any improvement in the offers.

ARBER, T., Horseferry-road, builder.
GILBERT, J., Colnbrook, Buckinghamshire,
farmer and innkeeper.
COURTHOPE, J. B., Regent-street, painter
and bouse-decorator.
CRAWLEY, J., Oxford-street, linen-draper.
DIGAUD, J. S., Goswell-street-road, jeweller
and goldsmith.

MILLINGEN, J., Wells-street, Hackney-
road, jeweller and wadding-manufacturer.

The vote in the House of Commons last Friday, as to the reduction of the Malt duty from 20s. 8d. to 10s., has thrown the trade into a very unsettled state. More money was to-day demanded for Malt, but purchasers having no positive grounds to act upon, refrained from buying, and business was therefore rendered quite stagnant. The same remarks will partially apply to Barley. The supply was very short, and higher terms required for the best parcels, without, however,

SMITHFIELD.—April 29.

This day's supply of Beasts, Sheep, and Lambs, was moderately good: the supply of Calves and Porkers rather limited. Trade was, with each kind of meat, as dull as, at a similar season of the year, with the weather favourable to slaughtering, was, perhaps, ever witnessed. With Beef and Veal at a depression of full 2d, Mutton full 4d, and Lamb full 6d per stone; with Pork at barely Friday's quotations.

R. FAITHFULL'S SPEECH.

MThis speech is now published, and

may be had at my Shop at Bolt-court. It should be read by every man in the Kingdom. The price is 7s. a hundred.

CHEAP CLOTHING!!

SWAIN AND CO., Tailors, &c.,
93, FLEET STREET,

(Near the new opening to St. Bride's Church),

Be the List of Prices which they charge

EG to present to the notice of the Public

for Gentlemen's Clothing.

FOR CASH ONLY.

£. s. d. 4 14 6 55.0 5 15 6 0 16 0

0 18

0 12

1 8 0 4 4

LADIES' HABITS AND PELISSES, and CHILDREN'S DRESSES, equally cheap; in the manufacture of which they are not surpassed at the West-end of the Town.

The beasts appeared to consist of about equal numbers of short-horns, Scots, and Norfolk home-breds, and Welsh runts, with a few Herefords, chiefly (say 1,800 of them) I recommend Messrs. Swain and Co. from Norfolk; with a few from Lincolnshire, as very good and punctual tradesmen, Leicestershire, our midland and western districts; and about 40 Sussex beasts; 100 whom I have long employed with great Town's-end Cows, a few Irish Beasts, Staf-satisfaction. fords, &c. from various quarters.

Full three-fourths of the Sheep were new Leicesters, in about equal proportions of the South Downs and white-faced crosses; about

WM. COBBETT.

Printed by William Cobbett, Johnson's-court: and published by him, at 11, Bolt-court, Fleet-street.

COBBETT'S WEEKLY POLITICAL REGISTER.

VOL. 80.-No. E.]

LONDON, SATURDAY, MAY 11TH, 1833.

STAMP DUTIES.

TO THE

PEOPLE OF OLDHAM.

Bolt-court, 8. May, 1833.

[Price, Is. 2d.

let me congratulate you on one very important achievement; namely, on the abolition of stamps on receipts of all sums under five pounds. This was proposed by the Minister himself, and was agreed to by the House last night. He is going to make other alterations also in these stamp duties; and, as the reporters seem, not, all of them, to have clearly understood what he said upon this occasion, justice to him demands from me, that I state to you precisely what he did say. He has it in contemplation to bring in a bill for what he calls consolidating the stamp duties. Why he makes use of the word consolidale, I cannot imagine; but he clearly MY FRIENDS, means to bring in a bill to alter the You have been informed before, that duties in some respect or other. I, unthis is a branch of taxation which, in-derstanding this to be the case, asked cluding the cost of collection, not to him, whether it was his intention to mention the enormous expenses attend- make freehold property liable to the ing prosecutions and applications to the legacy and probate duty, in like manner Stamp Office for redress of grievances; as personal property now is. His annot to mention these, you know that swer was: "I do not mean to make freethis is a branch of taxation, amounting" hold property liable to the legacy duty: to the enormous sum of eight millions "I mean to make an alteration in the of pounds sterling a year, falling, as scale of the probate-duty." Whereupon you will presently see, on the most I said, that I would bring in a bill for meritorious part of the industrious putting freehold property upon a level classes. In the month of February I with personal property with regard to first brought this subject forward, but legacies and probates. This was all was induced to postpone it until after that was said upon the subject by Lord the passing of the Irish Bill. From the Althorp; and, therefore, the statement accounts which I have given you of the which I have seen, in one of the papers mass of matter brought before the at least, about his declaring his intenHouse of Commons, and of the manner tion to make freehold property liable to of proceeding as to that matter, you the probate duty, is certainly not correct: will easily perceive what difficulty one it was a matter that I necessarily paid has to encounter in the bringing for- the strictest attention to; and I cannot ward of any subject whatsoever. After have made a mistake upon the point. being prevented from time to time from I shall now insert the whole of the renewing this subject, I saw no pros-resolution, as it was moved by me; pect of ever being able to do it, except and then I shall have to make some under circumstances, which, according remarks upon what passed upon the to the rules of the House, would pre-occasion. I shall not take up your vent me from having a reply. I am time with a report of my speech. The now about to give you an account of newspapers have done me great justice, I what took place on Friday, the 3. of as far as I have been able to look at May, when I brought forward my reso- them; and I am quite sure, that you lutions upon this subject. But, first will be ready to do mea great deal more G