CHAPTER II Sir Robert Peel explains his great Scheme of propensed Veorra fir Sie Relaxation of Duties on the 27th of January-Es wie od zmprehensive Speech on that occasion-Reception of an Schiene, må comments of various Members upon it—Strong ignorzan s tes by some of the usual Supporters of the Gternet-Futur cussion is adjourned to the 9th of February—Mr. P. Mia mora Amendment that the House go into ComN SIZE M JE Months, which is seconded by Sir W. Endesa—Die carried on by repeated Adjournments for Ixer Via Members speak in favour of Free Traie, and FAH Protection-Speeches of Lord Sandon, Leri Za Inglis, Mr. Sidney Herbert. Mr. Safiri & Bar. Yo Suen Crawford, the Marquis of Granby. Letnin I Graham, Mr. Thomas Baring, Viscount Moroá II Fo The N the 27th of January, Sir wise pärs-dc prin in ne te curely and a price make the sacrifice, if it were one, of their protection to the common good. Of late years, the whole tariff had been submitted to the review of the House. In 1842 he had proposed, and in 1845 he had carried out, to a very large extent, a plan for remitting the duties on the raw materials constituting the elements of manufacture. There was, at this moment, scarcely a duty on the raw material imported from foreign countries which we had not abandoned. He had, therefore, a right to call on the manufacturer to relinquish the protection of which he was now in possession. The only two articles of raw material now subject to duty were tallow and timber. He intended to reduce the duty on tallow from 3s. 2d. to 1s. 6d. a cwt., and to make a gradual reduction on timber till it reached a point at which it would remain fixed, and which he would definitely describe on a future day. Having given the manufacturers free access to every raw material of manufacture, he called upon such of them as were engaged in making up the three articles, wool, linen, and cotton, which formed the clothing of the country, to give a proof of the sincerity of their con victions by relinquishing the protection which was a now given to the articles of their manufacture. He made this call upon them the more confidently, because it was the manufacturing, and not the agricultural interest, which first called on the Government for protecting duties. He then stated that he intended to relinquish all duties upon the importation of the coarser articles of manufactures in wool, linen, and cotton, and to reduce the duties on linen and woollen goods of a finer quality from 20 to 10 per cent. At present there population. In advising the continued application of those principles, which had produced such salutary results, and which had already been sanctioned by the House, he was not inclined to disregard the necessity of maintaining public credit unimpaired; and he was therefore prepared to act with forbearance, in order that he might not prejudice in any respect the permanent interests of the country. It was possible that, owing to the numerous and various interests which his present proposition would affect, an impression might arise that his scheme was a rash one, and ought to be discouraged. If such should be the opinion of the partisans of protection, nothing would be more easy for them than to meet him on an early night with a resolution that protection to domestic industry was in itself a good, and that the principle of it ought to be sanctioned by the House. It might, on the other hand, be the conclusion of the House-considering all the difficulties of this question, and the nature of the contest which had long existed, and would long continue to exist, if there were not a satisfactory adjustment of itthat his proposition, extensive as it was, ought to be accepted as whole, though there might be objections in detail to parts of it. If that should be the conclusion of the House, he should have confidence in his ultimate success; but, if not, the sooner its disapprobation was expressed, the better for all parties. The great principle of the relaxation of protective duties he was not going to apply to any one particular interest; on the contrary, he asked all the interests of the country-manufacturing, commercial, and agricultural-to was a duty on silk, which was from earn, he proposed an imme which constituted food as distinct for three years to this effect, that aca the ised aise the hers and ren to be ty to e la this I into plaint rices, g the 3. In re, the the s, and e good and to a law their hame. that en in n to a d ever y into he two turned inisters, appeal eople of the dis was a er pural quespublic justifi He te that he Miodium ople of them. e mak ost po population. In advising the continued application of those principles, which had produced such salutary results, and which had already been sanctioned by the House, he was not inclined to disregard the necessity of maintaining public credit unimpaired; and he was therefore prepared to act with forbearance, in order that he might not prejudice in any respect the permanent interests of the country. It was possible that, owing to the numerous and various interests which his present proposition would affect, an impression might arise that his scheme was a rash one, and ought to be discouraged. If such should be the opinion of the partisans of protection, nothing would be more easy for them than to meet him on an early night with a resolution that protection to domestic industry was in itself a good, and that the principle of it ought to be sanctioned by the House. It might, on the other hand, be the conclusion of the House-considering all the difficulties of this question, and the nature of the contest which had long existed, and would long continue to exist, if there were not a satisfactory adjustment of it that his proposition, extensive as it was, ought to be accepted as a whole, though there might be objections in detail to parts of it. If that should be the conclusion of the House, he should have confidence in his ultimate success; but, if not, the sooner its disapprobation was expressed, the better for all parties. The great principle of the relaxation of protective duties he was not going to apply to any one particular interest; on the contrary, he asked all the interests of the country-manufacturing, commercial, and agricultural-to make the sacrifice, if it were one, of their protection to the common good. Of late years, the whole tariff had been submitted to the review of the House. In 1842 he had proposed, and in 1845 he had carried out, to a very large extent, a plan for remitting the duties on the raw materials constituting the elements of manufacture. There was, at this moment, scarcely a duty on the raw material imported from foreign countries which we had not abandoned. He had, therefore, a right to call on the manufacturer to relinquish the protection of which he was now in possession. The only two articles of raw material now subject to duty were tallow and timber. He intended to reduce the duty on tallow from 3s. 2d. to 1s. 6d. a cwt., and to make a gradual reduction on timber till it reached a point at which it would remain fixed, and which he would definitely describe on a future day. Having given the manufacturers free access to every raw material of manufacture, he called upon such of them as were engaged in making up the three articles, wool, linen, and cotton, which formed the clothing of the country, to give a proof of the sincerity of their con victions by relinquishing the protection which was now given to the articles of their manufacture. He made this call upon them the more confidently, because it was the manufacturing, and not the agricultural interest, which first called on the Government for protecting duties. He then stated that he intended to relinquish all duties upon the importation of the coarser articles of manufactures in wool, linen, and cotton, and to reduce the duties on linen and woollen goods of a finer quality from 20 to 10 per cent. At present there was a duty on silk, which was called 30 per cent., but which was often higher. He proposed to adopt a new principle in the levying of that duty, which was now an encouragement to the smuggler, and not to the British manufacturer, and to impose a duty of 15 per cent., instead of 30, for every 1007. value of silk. The right honourable Baronet then described at great length the reduction of duties which he intended to make upon the importation of paper-hangings, manufactured metals, dressed hides, boots, shoes, hats, straw-plat, carriages, candles, soap, brandy, geneva, sugar, and various other articles; and then proceeded to review the articles connected with agriculture on which import duties were levied. He proposed to reduce the duty on all seeds to 5s. per cwt. Indian corn or maize, which was of such importance in the fattening of cattle, he proposed in future to introduce duty free. In removing that duty he was not depriving agriculture of any protection, but absolutely conferring a benefit upon it. He also proposed that buckwheat, and maize, and buckwheat flour, should be admitted duty free. If any gentleman would ascertain the price which had been recently paid by farmers for linseed-cake and rapecake, they would agree with him that the removal of the duty on maize was not a disservice to the agricultural interest. The right honourable Baronet then described the reduction of duty which he intended to propose on the importation of foreign butter, cheese, hops, and cured fish, stating that in each case the duty would be reduced to half its present amount. On all articles of agricultural produce which constituted food as distinct from corn, he proposed an immediate repeal of duty. Every kind of vegetable and animal food would be admitted at once free of duty. All animals from foreign countries would also be introduced on the same terms. He then proceeded to describe the nature of his proposal with respect to the importation of foreign corn: he had already stated that he intended to exempt some articles now included in the Corn Laws, as maize, from duty altogether. It might, therefore, be as well for him to inform the House at once, that though he did not intend to propose the immediate repeal of the Corn Laws, yet, in the hope of making a final adjustment of the question, and for the sake of giving time for ad justment to the agricultural interest, he did intend to propose that their continuance should only be temporary. The bill which he should, therefore, introduce on this subject would contain an enactment that, after a certain date, grain of all kinds should come in duty free. He proposed, however, that a considerable reduction should be made at once in the existing amount of duty, and that the duty so reduced should be limited in its continuance to three years. His bill would contain a provision that at that period, when the change would be least felt-namely, on the 1st of February, 1849-oats, barley, rye, and wheat, should be only liable to that mere nominal duty which he intended to apply to maize, for the purpose of procuring statistical returns of the quantity imported. The main question, then, for the House to consider was this what is to be the intermediate state of the law? He proposed that there should be an enactment for three years to this effect, that |