It is perfectly true, that this island is but a small portion of the globe, yet its interests are extended over all the world, and must be maintained, though at a great expense. Now the expense necessary for the maintenance of the honour and interests of this country (and over that alone have we any control), is at present only 12,000,000 l. of money; for there has been a decrease, in the present and last sessions of Parliament of not less than 2,000,000 l. on this part of the expenditure; and your Lordships must know that there are other portions of the national expenditure, which cannot be touched at all. With respect to that part which cannot be touched, his Majesty's Government have effected all that they possibly could. Having said this, I must claim for myself and my colleagues in office, credit for an anxious desire to do everything in our power to diminish the expenditure. With respect to the amount of expenses incurred on account of our Colonies, I believe that the number of troops in the old colonies and places occupied by a military force previously to 1792, is now reduced lower than it was in that year. This country, however, in the course of the last war, made very considerable conquests; those conquests require for their maintenance large bodies of men, and, consequently, create a great additional expense. They require for their protection very nearly as many troops as the old colonies. Before the war we were not masters of the Cape of Good Hope, of the Mauritius, or of Ceylon. In the Mediterranean, we had no station, unless Gibraltar can be deemed one, which is not the case now. My Lords, it is obvious, that all the new stations which we have acquired, demand a larger force for their protection. These things considered, it appears to me, that the military establishment has been reduced as far as it can be reduced, a proper regard being had to the interests of the empire.

_March 4, 1830._

_Difficulty of Legislating on the Poor Laws._

It should be recollected that some of the greatest men that ever lived in England--including Mr. Pitt and Mr. Whitbread--attempted to deal with the difficult subject of the poor laws, and failed. It is a subject equally important, difficult, and complicated. The system, as far as local practice and arrangements go, varies in almost every parish of England more or less; and, I repeat, it is almost impossible to deal with it successfully. We ought not to enter into the subject of the poor laws hastily, or at an inopportune period like the present. It will be better to wait till the country is restored to a state of complete prosperity, and then investigate the subject with a proper degree of attention.

_March 18, 1830._

_The Home Market is the best._

The greatest difficulty is experienced by our manufacturers in exporting their manufactures. In some countries there is a total prohibition of them; in others there is an extremely high duty; and in all there is much compet.i.tion and jealousy. The Government, in every one of those foreign countries, seems to do everything in its power to prevent the sale of British manufactures. I am convinced, if we went to the Continent, and purchased all the corn in Poland, not an additional article should we be able to force into France, Germany, Prussia, or Russia, If the merchants of this country were allowed freely to purchase grain, foreign subjects would get as much for their corn as they possibly could; but their rulers would not allow a single article of our manufactures to be imported in consequence of our being obliged to buy, or in return for our buying the grain of those countries. There is, undoubtedly, a certain quant.i.ty of manufactures in this country more than the population itself can consume, which it would be very desirable to get rid of. But, my Lords, is it exactly true, that taking foreign corn would have the effect of enabling other countries to purchase them?

And even if such were the case, what are we to do with our own corn?

Now, my Lords, if the buying corn of the Pole, the Russian, or the Prussian, enable them to give high prices for our manufactures, why do not you give the same advantages to those nearer home? For my own part, I believe, after all, that the home market is our best resource, and that there we dispose of the greatest proportion of our manufactured articles. It has, and I think with truth, been stated, that two-thirds of the whole quant.i.ty of our manufactures are disposed of in this country. The whole of our woollen and the whole of our silk manufactures are consumed here; and of iron and other manufactures, a very considerable portion. I ask, then, if such profits are to be derived from an exchange with a foreign market, why do you not cultivate the home, which is admitted to be decidedly the best market of all. I think the more this matter is discussed, the more will the country see that the interests of one cla.s.s of the community involve the interests of all. We are not to look merely to the interests of the cotton manufacturers, or of the iron manufacturers. That which we are bound to consider is the benefit of all; and, in my opinion, the common good will be most effectually secured, by getting the greatest quant.i.ty of provisions for the whole community,--by giving a proper remuneration to those who produce such provisions,--and thus encouraging them to do that which is most beneficial to the community at large.

_March 29, 1830._

_How far the principle of Equitable Adjustment should be carried._

The n.o.ble Lord (Viscount G.o.derich), speaking with his usual candour on the subject of the equitable adjustment, admitted the existence of an increase of price during some years of the war generally, and consequently of public expense and of debt, to the amount of 20 per cent, in consequence of the depreciation of the currency; and he has made a calculation of a supposed equitable adjustment, founded upon his estimate of the expense of the war for some years, and of the debt created by the excess of price. It is true that there was a very large increase of prices in England during the war; that this increase of prices increased the expense of the war; and the amount of debt successively raised. But it is not true that the excess of prices was occasioned solely by the paper currency. Many other circ.u.mstances occasioned it; and in my opinion, my n.o.ble friend has admitted too much in admitting that the annual payment on account of the debt has been increased to the amount of 3,500,000 l. in consequence of the paper money circulated during the war.

Having frequently heard of an equitable adjustment, which, however, is absolutely impracticable as a measure to be applied solely to the national creditor, it has always appeared to me, that such an arrangement could be calculated only on the foundation of the difference between the currency, or the market price of gold, and the mint price of gold, at the period at which the Bank restriction was repealed, or in the year 1812. That difference was at that period about 4 per cent; or the difference between 3l. 17s. 10-1/2d., and 4l. 1s. The annual payment on account of the debt at that time, amounted to about 30,000,000 l.

sterling; upon which what is called an equitable adjustment might, at that time, have been made to the amount of 5 per cent., or 1,200,000 l.

In making this supposed equitable adjustment, we should have betrayed the honour of the country; we should have destroyed its credit and reputation for fair dealing, justice, and honesty; and, for this paltry diminution of the annual expense of the debt in 1819, we should have lost the advantages since acquired, as detailed to the House by my n.o.ble friend, amounting to a diminution of the annual charge of the debt, not of 1,200,000 l., but nearly of 5,500,000 l. or the interest of 150,000,000 l. of capital at 3 per cent. This is a fair calculation of the comparative advantage of what has been done, and what might have been done, by a supposed equitable adjustment.

_May 6th, 1830._

_The Shipping Interest has not been Neglected._

These reciprocity treaties were adopted with a view to decrease the price of freight in this country to our merchants, and with a view to their taking in abroad, and bringing home, their commodities at a cheaper cost of transit. These treaties were, my Lords, framed with a foresight of the state of commerce which was likely to ensue in the world in future times which were then immediately before us. We were, therefore, to diminish the expense of shipping to meet the new contingencies; and to enable those engaged in commerce to carry on their trade under all the difficulties of a new situation; and the object of those laws was to lower the price of commodities for that purpose. What was the result?--profits upon specific articles became reduced; but since the year 1814 the trade in them has nearly doubled. What the shipping interest then lost in the reduced amount of freight per tonnage, they regained in the greater number of voyages which commerce opened to them.

_May 13th, 1830._

_Eulogium on George IV._

My lords, our late Sovereign received the best education which this country affords. He had, also, the singular advantage of having pa.s.sed all the earlier period of his life, and the greater part of his manhood, under the superintendence of the King, his father, and subsequently in the society of the most eminent men whom this country possessed; and he likewise enjoyed the society of the most distinguished foreigners who resorted to this country. His Majesty's manners accordingly received a polish, his understanding acquired a degree of cultivation, almost unknown in any other individual. My Lords, he carried those advantages to the Government to which he was afterwards called, first as a Regent, and afterwards as reigning sovereign. During the whole course of his government no man ever approached him without having evidence of his dignity, his condescension, his affability, and his fitness for the exalted station which he occupied. But these advantages, which shewed so conspicuously the polish of manner which he possessed, were not only observed by persons immediately around him, for I appeal to many of your Lordships who have transacted the business of the country which required an interview with the sovereign, whether his Majesty did not upon every occasion display a degree of knowledge and talent not to be expected of an individual holding his high station, and a profound acquaintance with public business even in its most minute details. But this is not all, he was a most munificent patron of the arts in this country and the whole world. He possessed a larger collection of the eminent productions of his own country's artists, than any individual, and it is as an individual, of him I here speak. The taste and judgment he displayed in these collections have never been excelled by any sovereign.

I would also beg to call to your Lordships' recollection the situation in which he found England and Europe in the year 1810, when he became Regent, and the situation in which he has left Europe and this country.

If your Lordships look upon the great and stirring events of his reign, under what circ.u.mstances it commenced and terminated, I think you will agree with me in the sentiment, that we have reason to feel proud of such a sovereign.

_June 29th, 1830_

_Principle of advances of Money for Public Works._

A n.o.ble Lord has cited an opinion of mine with respect to the advance of money for public works; to the principle laid down in the letter to which he alludes, I still adhere,--that no money should be advanced as a grant, for works of that description, even though they may be very useful; but, my Lords, I repeat, that there is a great distinction between on advance of money and a loan. The application of the proprietors of the Thames Tunnel, was for an advance of money, and not a loan; the parties, there, were not in a condition to pay the interest even of the money to be advanced, and therefore the application was refused, but my Lords, in the present case the money is advanced on the security of the tolls payable on a ca.n.a.l; yet even on that ground it would not be advanced, unless it were shown that the work will be of advantage not only to the province, but to the empire at large.

_July 2nd, 1830_

_Declaration against Parliamentary Reform._

I now come to another point touched upon in his Majesty's speech, from which, as well as the allusions to it to-night, I have experienced considerable pain; I allude to the state of the public mind in Kent.

Upon this point I cannot help agreeing in what fell from the n.o.ble Marquis, (Camden) the Lord Lieutenant of that county, who spoke early in the evening, namely,--that it is not to be exactly attributed to the distress prevailing there. It certainly does appear, from all I have heard, that the outrages are carried on by two different sets of people; one of which attack machinery, which they think interferes with their labour; and the other of which are engaged in burning and destroying property. What the immediate cause of these disturbances is, the government know no more than the magistrates and gentlemen of the county. We shall do all in our power in concert with these magistrates, and the Lord Lieutenant, to discover it; and, in the mean time, we shall afford them aid to put the law in force in order to prevent them.

This brings me to the recommendation which the n.o.ble Earl (Grey) has made, not only to put down these disturbances, but to put the country in a state to meet and overcome the dangers which are likely to result from the late transactions in France, namely,--the adoption of something in the nature of parliamentary reform. The n.o.ble Earl has stated that he is not prepared, himself, to come forward with any measure of the kind; and I will tell him that neither is the government. Nay, I will go farther, and say, that I have not heard of any measure, up to this moment, which could in any degree satisfy my mind, or by which the state of the representation could be improved or placed on a footing more satisfactory to the people of this country than it now is.

I will not now enter upon the discussion of this subject, as I dare say we shall have plenty of opportunities for doing so; but I will say, that I am thoroughly convinced that England possesses, at this moment, a legislature which answers all the good purposes of a legislature, in a higher degree than any scheme of government that ever has been found to answer in any country in the world;--that it possesses the confidence of the country--that it deservedly possesses that confidence--and that its decisions have justly the greatest weight and influence with the people.

Nay, my Lords, I will go yet farther and say, that if, at this moment, I had to form a legislature for any country, particularly for one like this, in possession of great property of various descriptions, although, perhaps, I should not form one precisely such as we have, I would endeavour to produce something which would give the same results--namely, a representation of the people, containing a large body of the property of the country, and in which the great landed proprietors have a preponderating influence.

In conclusion I beg to state, that not only is the government not prepared to bring forward any measure of this description, but that as far as I am concerned, whilst I have the honour to hold the situation I now do amongst his Majesty's councillors, I shall always feel it my duty to oppose any such measures when brought forward by others.

_November 2, 1830._

_Irish Absenteeism deprecated._

I can a.s.sure your Lordships that there is not any man, either there or here, who is more aware of the poverty of Ireland, and the dangers to the empire from the state of the lower orders, than he who has now the honour of addressing you. But I would have n.o.ble Lords to observe that it is not by coming here to talk of the poverty of that country that we can remove it. If n.o.ble Lords will endeavour to tranquilize the country, and persuade those who have the means to buy estates and settle there; by holding out to them a picture of industry and tranquility with its other advantages, they will soon find the country change its aspect, and complaints of the dangers arising from its poverty will no longer be heard. The influence of the presence and fortunes of the proprietors of land in Ireland spent in that country, would do more to serve it than any legislative enactment parliament have it in their power to pa.s.s.

_November 2, 1830._

_Repeal averted by Emanc.i.p.ation._

The repeal of the union is opposed by the n.o.ble Duke opposite (the Duke of Leinster) and all his friends in Ireland: it is opposed by all the proprietors in Ireland, by the great majority of the Roman Catholics, by nearly all the Protestants of Ireland, and with one exception by the unanimous voice of the other House of Parliament.

Such is the present state of this question, but how would it have stood had not that other to which he alluded been carried two years ago? And how did that one then stand? Why, the n.o.ble Duke and all his friends, and a large proportion of the Irish people, were anxious that that question should be carried. Such, also, do we know to a certainty was the desire of the majority of the other House of Parliament, whilst at the same time there was in this House a minority in its favour, daily acquiring greater strength; and at present, I presume, no one will deny that a large body of the best informed people of this country were also decidedly for conceding this point. We do not now stand on worse ground on the question of the repeal of the union than we should have done had not the Catholic question been carried. I do not see the advantage, therefore, of repeating reproaches against me for having given way on that occasion from fear. I gave way because I conceived the interests of the country would be best answered by doing so; I gave way on the grounds of policy and expediency, and upon those grounds I am at this moment ready to justify what I did. The n.o.ble Lord must forgive me for saying that the state of irritation which has continued to exist in Ireland since that question was carried must not be attributed to the King's Ministers: they have done every thing in their power to conciliate, and heal the divisions which distracted that country for so many years previously to the settlement of that question. It is not my duty, any more than my inclination, to cast imputation on any man; but this I will say, that if the King's Ministers had been supported as strongly as they have been opposed in their endeavours to heal those divisions, Ireland would have been in a very different state from what it now is.

_November 2, 1830._

_Magistrates should be appointed by Lords Lieutenant._

Lords Lieutenant of counties are generally chosen in consequence of their possessing large properties, and from their weight and consideration in the counties over which they preside. They must, therefore, be the most highly interested in selecting proper persons, and a proper number of persons, whom they know will do their duty well as magistrates.

In choosing magistrates, in my opinion, it is essentially necessary that local knowledge should operate. Before any man should venture to recommend another to be appointed to the commission, he should have knowledge of his character, and of other circ.u.mstances, which can only be discerned by local knowledge.