On this page
-
Text (2)
-
1176 THE LEADER. [Saturday,
-
THE HUDOKT RESOLUTIONS. Tin; following a...
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
-
-
Transcript
-
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.
The Pabliamekt O$ The Week. Thj0 Flbench...
Mr . Locke expressed a strong opinion against the centralising system , of which the proposed arrangement formed a beginning . After much discussion , the vote was agreed to . A vote of 80 , 000 / . was then asked for the expenses for the Duke of Wellington's funeral . i Mr . Hume objected to the vote , on the ground that no account of the expenditure had been furnished . Lord D . Sttjaki took the same side , at great length .
After some observations , in reply , by Lord J . Mahners , Mr . Samuel CaTitek rose , and was greeted by a perfect storm of yells and groans , delivered in volleys . After vainly trying to be heard , he moved that progress be reported , and Mr . Hume seconded the motion . The House was acting in a most disorderly way , and if the Government would not keep their friends in better order , it would be quite impossible to proceed with business . ( Oh , oh . ) Mr . G . Hudson then rose , but his remarks Were nearly drowned amidst loud cries of
" Oh , oh ! " and the most discordant noises . We understood him to express his regret at the course taken by the honourable member for Montrose , and his hope that the resolution would have been agreed to without a dissentient voice . ( " Oh , oh , " and laughter . ) Mr . Hume said he had no objection to the honourable member giving a cheque for the amount out of his own pocket , but as a trustee for the public , he , Mr . Hume , could not consent to the course now pursued . ( Oh , oh . )
Mr . Hudson : The honourable member talks about giving a cheque . I will g ive a cheque for as much as he will . ( Roars of laughter . ) This undignified banter was put an end to by the clearing of the House for a division , which did not take place . Mr . Caster was finally allowed to speak , and he protested against the enormous expense of the funeral , which he said had been incurred in breach of faith . Why had the Duke's obsequies cost five times those of Lord Nelson ? The vote was at length agreed to ; the Chairman reported progress , and obtained leave to sit again .
LIMITED LIABILITY IN PAKTNERSHIPS . Matters come up somewhat strangely in the House of Commons and get discussed . On Tuesday , Mr . Bit OWN moved for papers relating to a certain application made by the London , Liverpool , and North American Screw Steam-ship Company to the Board of Trade , for a charter containing a clause enabling the capital to be raised upon the principle of limited liability . Mr . Brown , and his seconder , Mr . Clay , both thought that limited liability was a violation of unrestricted competition , dangerous to credit , an exclusive privilege , and involving the adoption of the French system of partnerships en commandite . The principle attacked found an able defender in Mr . Robert Lowe .-
—"He must say lie thought it rather too muni , when gentlemen came to the J louse und asked ( hern to interfere with the important duties of a department of Government , in order to prevent a competitor being introduced into the field of enterprise—it was too much , ho said , to colour such a motion with the niirno of unrestricted competition . It whs precisely the reverse ! . The law , aw it stood at present ----the law of unlimited liability—was a restraint on competition . If then ! was no law of unlimited liability , then ; would be much more competition in the different tmde . s than then ! now was , and many art ides would he cheapened to t , ho consumer . Hut it hud been the law of lOnglnnd for sixty years that if any person entered Into competition in
any branch of trade , he must do so under the very highest penalty , and that if he wen ; unsuccessful , Ik ; must , lose ; his last shilling and his last acre . Thin was the law which encouraged the compel it ion of capital , which told t bo capitalist that whatever he did with his capital , lie must do under the very highest penalty—under the penalty of jiruun-unire ¦ -- a total lows of his floods and all this to deter him from embarking his capital in trade ! That ; was the present , restrictive Hlnte of the law ; and when they were asked to bring their financial policy into unison with their commercial policy , und adopt the principle of unrestricted competition , they would do wisely if they followed up the muni ) principle with respect- to the legal policy , and swept away all those institutions and laws which tended as this law
manifestly did to rest rain , emharrtisN , and hinder the compel it ion of capital in dilfcrcnt trades and employments . What ; was the right , lion , tfcnl Icuiaii the I ' rosidcul of the Hoard of Trade empowered by Act of Parliament , to dor What Ik ! was empowered to do was , pro ( unto , us often as he should see that a case was made out , to hrenli down the present fettering law , and give the capitalist power to compete with other capitalists , taking care that ho should do so without , the penalty which t | ie law of unlimited liabilit y attached to such a course . And this power was now
attacked . It was i ; aid it was opposed to tree Irado . What hud ' heen its results , ho wotdd anli P 11 ad they been untruitfiil P What was it that had covered our land with ruilrondH and our Mean with nteam-Hhipn and mercantile Meets , except Mm power of suspending and annihilating the law ot unlimited liability ? Hut , it was Haid that such a state ol things was injurioiiM to credit . That was the concern ot thoic who entered into it . If any one , should think , upon con-uderution , that the , credit which unlimited liability gave w « s butler worth having than tho credit which limited i ability oilorod , lie wiw uL liberty to luuko luu election . Hut ,
on the other hand , if he preferred the credit which limited liability offered , he had a right to do so . It was for the public to decide how much credit they would give in either case . It was no part of our laws to settle people's private affairs . But what was done with advantage in the United States of America , ought , he thought , to be done- with advantage in this country also . " He trusted the day would soon come when those who wished to combine' their capital tor any enterprise would be able to do so without going to any Government . A good deal was said about the principle of limited liability , but , on the ground that the charter was pending adjudication , the House generally seemed to feel the impropriety of asking for the papers required .
Rate-Paying Clauses . —Sir de Lacy Evans ' s Bill to amend these clauses , so that the voter might have a bond fide six months for the payment of rates and taxes , was lost on Wednesday by a majority of 103 to 67 against tlie second reading-. Texant-Kig-ht . —After a long discussion on Tuesday it was agreed on all sides that the Government measures relating to the law of landlord and tenant , and the improvement of the land , and the bill known as Mr . Sharman Crawford ' s Tenant-Eight Bill should bo referred to a select committee . The Irish members are in no way satisfied with Mr . Napier's measures .
Parliamentary Papers . —A select committee has been appointed , on the motion of Mr . Tufnell , to inquire into the expediency of distributing , " gratis , under certain regulations , a selection from the reports and returns printed by order of the House of Commons among the literary and scientific institutions and mechanics' institutes throughout the United Kingdom . Mr . Disraeli rather warmly approved of the object of the committee ; and , generally , the motion was well supported . Sugar Duties . —Mr . Wilson made a long speech on Thursday , to show that Free-trade in sugar had not injured the West Indian interest . He entered at length that
' into the statistics of the question , and pointed out , since the act of 1846 , the West Indies had produced an average excess of 20 , 000 tons of sugar in the last five years over the produce of the five years preceding 1846 ; that while the increase of slave-grown sugar had been eighteen per cent ., the increase in the British colonies had been thirty-eight per cent ., and that the revenue had recovered itself within 50 O , O 0 OZ . The cost of production had diminished in the West India colonies , and he contended that , if those colonies were not highly prosperous , they were more prosperous than before the change , which had not retarded their prosperity . After discussing the proposal for refining sugar in bond , Mr . Wilson concluded by moving for certain reports and returns .
Sir John Pakington , in reply , contended that the facts did not justify the boasted legislation of the last six years ; and that the value of property had been enormously depreciated ; that the consumer had been benefited at the expense of the planter . At the same time , ho admitted that improvements had taken place which he never anticipated , and he ascribed thorn solely to the energies of the planters . He would not retract the censure ho had passed on the legislation of 181 ( 5 ; but ho agreed that , at the present moment , no Government would be justified in meddling with the existing law . Mr . Wilson ' s only object was to obtain some reports , ¦ which were agreed to .
Kailway Amalgamation . —Mr . Henley has obtained the appointment of an important committee to inquire especially into the railway amalgamation , projects , and generally into the principles of railway legislation . . Newspaper Stamp . '—The Attornkv-GknkuaIj has brought in a bill to amend the definition of a newspaper ; to prevent litigation ; and to exclude periodicals published at intervals of not less than twenty-six days from the operation of the stamp duties .
1176 The Leader. [Saturday,
1176 THE LEADER . [ Saturday ,
The Hudokt Resolutions. Tin; Following A...
THE HUDOKT RESOLUTIONS . Tin ; following are the resolutions laid by Mr . Disraeli on the table of the 1 louse : — TNIIAMTHI ) HOITSN DUTIES . That , from and after the 5 th day of April , 1853 , the duties granted and made payable by the Act 14 th and 16 th Viet ., e . IW ) , upon inhabited ' dwelling-houses in Great Uritain , according to Mm annual value thereof , shall cease and determine , and in lieu thereof there shall be grunted and made payable upon all such dwelling houses the following duties ( that is to say ) --For every inhabited dwelling-houso which , with the household and other ofliciiH , yards , and gardens therewith occupied and charged , is or nhall be worth the rent of ten pounds or upwards by tho yo .
ir---Where any such dwelling-house shall bo occupied by liny person in trade , who shall expose- to sale and sell any floods , wares , or merchandise in any shop or warehouse , l ^ ein ^ purl of the same dwelling-house , und in the front , ami on the ground or haw'tnnnl story thereof ; And also where any such dwelling-bouse shall bo occup ied by any person who shall be duly licensed by the laws m force to . sell therein by retail beer , ale , wine , or other liquors , all-hough tho room or rooms thereof in which any Much liquors shall bo exposed to sale , sold , drunk , or consumed , shall not be such shop or warehouse as aforesaid ; And also where juiy such dwelling-house shall be a farmhouse occupied by a tenant or farm serrant , and Itonajido used for tho purposes of husbandry only : Theru shall bo charged for every twenty shillings of such annual value of any such dwollin ^ -hoi-iso tho sum of one shilling .
And where any such ( Iwelling-houso ' shull not , be occupied and itHi'd for any midli purpose and in manner aforesaid , there nhull bo charged for vviiry twenty shillings ol uch annuul value thereof the tmm of ono shilling and wixuonco .
TEA DTJTIES . That , in lieu of the duties of Customs now payable on tea , the following duties shall form and to the respective days hereni mentioned bo charged on tea imported into the United Kingdom ; viz .:
—¦« # us * < sT tc . , > o _ > o _ to ta go « T oo « o QO tC ao nr ? To » . ~ t ^ . g . ~ » o Jan . 5 , » * ^ . g « o * ^ . | « f ^ . | « s"S f Fr si ifiifiiiilfss - sive . fl -a i-a-a i-s . « t « . g ¦ go So So S g ~ g * o ^ g ® Pm P = < Ph fi For every \ b . \ TlL ght im-i - d - S - d - s - d - s ' d - s - d ' d . portedinto " 110 18 16 14 12 10 the United Kingdom .. /
MALT . That from , and after the 10 th day of October , 1853 , the duties of Excise now payable under any act or acts in force on malt made in any part of the United Kingdom shall cease and determine ; and in lieu thereof there shall be granted and payable the following duties ( that is to say ) : For and upon all malt made in any part of the United Kingdom from corn , grain , or pulse of any kind whatever , the duty of one shilling and threepence halfpenny , and five per centum thereon , for every bushel imperial measure of such malt , and so in proportion for any greater or less quantity .
MALT DBAWBACKS AND ALLOWANCES . That , from and after the 10 th day of October , 1853 , all allowances and drawbacks of Excise granted by any act or acts now in force on beer exported from any part of the United Kingdom to foreign parts , and on spirits distilled in England , Scotland , and Ireland respectively , in respect of the malt used in the distillation of such spirits , shall respectivel y cease , determine , and be no longer payable ; and that in lieu thereof there shall be granted , allowed , and paid , the several drawbacks following , that is to say : — For and upon all beer brewed or made of the specific gravity hereinafter mentioned by any entered and licensed brewer of beer for sale , and duly exported from any partr of the United Kingdom to foreign parts as merchandise :
Where , in the brewing of such beer , the worts used before fermentation were of a specific gravity not less than 1 . 054 but less than 1 . 081 , The drawback of two shillings and sixpence , and five per centum thereon , for every barrel of 36 gallons , and so in proportion for any greater or less quantity of such beer . A _ nd where in the brewing of such beer the worts used before fermentation woro of tho specific gravity of 1 . 081 or upwards ,
Tho drawback of three shillings and ninepence , and five per centum thereon , for every such barrel , and so in proportion for any greater or less quantity of such beer . And for and upon all spirits distilled in England , Scot-Ian ^ , or Ireland , for exportation only , or for use as ships ' stores , from malted corn only , not being mixed with any unmaltcd corn or grain whatever , after the rate ot two gallons of such spirits for overy bushel of malt , Tho drawback of sevonpenco throe farthings , and five per centum thereon , for every gallon of such spirits of tho strength of hydrometer proof , and so in proportion for any greater or less quantity and strength respectively . And for and upon all British spirits distilkd or made from any other materials than malt only , on tho duo exportation thoreof , or shipment for ships' stores , The drawback of threo farthings for every gallon at proot of such spirits actually exported or shipped aa stores . MAT-T IMPORTATION DUTY . That , from and after tho 10 th day of October , 1853 , there shall bo granted and payable tho following duties ot Customs on malt imported into tho United Kingdom ( that i . s to say ) : — ., , For and upon every bushel imperial measure ol sucn malt imported , and so in proportion for any greater or less quantity , tho duty of ono shilling and eig htpence , ana live per centum thereon . HOPS . That , from and after tho 5 th day of July , 1858 , tho duties of excise now payablo under any act or "CIB force- on hops the growth of Urnat Britain shall no reduced , and uliall be payablo at and after the rate ol on penny , and five per contum thereon , for every poun weight avoirdupois of such hops . HOI'S . DV'VY ON IMPOUTATION . ' That , from and after the IOlh day of October , IBM , tho duties of Customs now payable on hop * unporu . u i the United Kingdom fll . all he reduced , and film I H » I » Vj able at and after the rate of two pounds five shilling , a ^ live , per centum thoroon , for overy hundrod-woign HUch hops , aud « so . in proportion for any greater or quantity . l'UQPKHTY AND INCOMIO TAX . That , from and after the 5 th day of April , }« ' * ' „ £ duties granted by tho Act 5 th and 6 th Viet ., c . - « ' »" , limited term , and conlinuod by several other ^ V ^ in that bohHlf , on profits arising from properly , J , ( i f , r a trades , and oflieefl , shall ho granted and <" ' . . / Ulttt further twin iu the manner hereinafter montiouoU I is to say ) , - - , ¦ i / lU / AX nnd Tho dulioH specified in the respeel . vo sehedul a » [«/ ^ ( C ) , contained in tho emid first-mentioned aci , granted and continued ftt tho rates mentioned in *"" » 8 oii * dulou rOflPQotivolj .
-
-
Citation
-
Leader (1850-1860), Dec. 11, 1852, page 4, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/cld_11121852/page/4/
-