e. , ar••. . ~ trill 4' .4 itt. 144 Vt 112.1. 444 . '44#ettixt .7 •~':r much greater will'. now, be the. difficulty of collecting this revenue, after you shall have opened - to British vessels all the ports of the Ealt, except those of China alone. • " The rate of duty. must, therefore, again be diminished whenever peace returns.. No wan questions it. But-it.is of great importance to remark, that the necessary amount of the reduction will very much depend on the system by which the trade is carried on.• Beyond a certain standard the price of this commodity cannot be. carried. If you exceed it, the advantage which .you give to contraband destroys the lawful trade, and undermines the revenue. Of that price the prime cost forms comparatively a small part, the commercial charges and, the duty constitute the remainder. In propor tion, therefore, as the one is augmented the other must be reduced. Import cheaper and you may levy a higher tax — increase the cost at which you receive the commodity, and you can add less to it in the form of duty. And if it be true is this case, as io every other, that'a trade of monopoly will he carried on less economically than a trade of competition. the reduction of duty must be greater, and Me defalcation of revenue must be made good, as it was before by .other and more bur thensome taxation.' Hence this is a - most important subject for consideration• It affects individuals and the public; and,- melancholy to state, makes their interests enter into conflict. That this ; ' should be the case, and at the motnent,when, agreeably to a public pledge, and when, in consequence of a general peace, the Property Tax is to be withdrawn, is to be deep lamented. It will, perhaps; induce a conviction of the imperfect character of our legislative provisions, and a necessity for a total revision. as 'well as an amendment. of those laws, the injurious enactments of which have so uniforaily missed the attention of the legislature, ifits OUR COMMERCIAL. PROSPECTS. i ra *kilt"! • Now that the mighty ocean will etas* to'he Ploughed. with thi hostile prow, and its bosom be whitened with the sails of commerce, the following glowing description ofour prospects will gratify our readers, who we think will be at a loss which to admire most in it, the splendour of its do-. quence, the wisdom of its sentiments, or the clnistian like purity of its morality. • " For the encouragement of such hopes no moment was ever yet more favourable, the barrier of prejudice is shaken : the spirit of monopoly is rapidly giving way to jester principles of trade; and the change in public opinion id seconded by the great revolutions °retie world. Why should we thee delay to grant to the British Merchant all for which lie now contends: all that the-exclusive char:er of the East India Company has hitherto closed against him: all and more than these resolutions propose to open to the people of this Empire ? A free trade with India, a free trade with • • • 3 - 66 are told that when the rsissinish discottartgalsrst tivircame. with labour and peril alatasalslallpeakable. vi t ios issigiu t y Range of mountains which divides the western from the Atlantic shores of South America, they stood fixed in silent admira tion, gazing on 'the vast expanse of the southern ocean which lay stretched before them in boundless prospect. They adored, even those hardened and sanguinary adventure's adored, the gracious Providence of Ileaven, which, after the lapse of so many centuries, bad opened to mankind so won derful a field of untried and unitnaginect enterprize. Tt:ey' anticipated in prophetic enthusiasm the glory of their native country, the future extent of it' sovereignty and power. and the noble prize presented to its ambition. But theirs was the glory of conquest, the ambition of war, the prize of unjttst , dominion. As vast as theit'i, but infinitely more honourable, for higher both in purpose and in recompence are the hopes with which the same prospect now elevates our hearts. Over countries yet unknown to science, and in tracts which Bt itish. navigation has never yet explored, we hope to carry the • tranquil arts, the social enjoyments, the ftiendly and benevolent intercourse of commerce. By the link of =gust.' ' ; interest, by the bond of reciprocal good-will, we hope to connect together the remotest regions of the earth,. humble and meek but not rejected instruments of that great purpose of our Creator, by which he has laid in tbe reciprocal itecesities both of individuals and nations 'the firtnest,gloond 'wolk oralt human society. Let thii be'our glory and *bat conqueror will not have reason to envy it."4--Loan GIIEN- ViLLE SPEECH ON INDIA BILL. • FOREIGN INTkLLIGENCE. ARREST OF GENERAL EXCE!..IIANk. Parts, Dsc. to.—An strait of e-onsideinble iinf•rtaape has just kte• "carteel•at Paris, the details of.witiels, as tin". work She sipi;il,6o4 new Government, shou'd be made known to dirt English pithlic s. wit t lieugis the enslaved state *f the &roma- press in France has kept them cuus ceded 'from the obeirrnelon of the French people. • Lieut. General Excel/mins (on officer of distinction in the French service, and litsrector General of the Cavalry at Paris) whs sent for by General Doping, then Minister at War, in the beginnisig of the at/nth. The blinister 'animists . , to .1 ba t that a letter *Lich the General Lad written to the Kitt, of Naples IA 1111 found amotw the pape-s taken horn Lord Oxford ; that the King had seen the letter—that he blamed it ; Amt. that he alisjsyclingd 49 consider it only 114 too lively an espresiimt ot gratitude ftwysest fainting, and that he desired the Gs nem, would no ii ore ciretitus;secr 14 the future. This reprimand IPA), ihit Itliwiwer rot ens end to the conference. Marshal Stitilt beiatne Minister I.f Wars - soon after. • Within a day or two niter his appointment he lent fur General Excelmang, reptimundcd him severely for the letter, and terliade him to go to' ( 2siiitt. Some days afterwards the Manhal wrote fa (,eneral Fs. inforroiste Mtn that Ise was helical - oral on hall-pay. and ordering hint to repair to linr• sut•Ornaiii, the place of domicile. The Gel - send 'went to Ilse :1:i•I. islet's Hotel, remained three hours at his potter's, but was refined ad. • 'pittance. /le then wrote . him a letter, in which. alter kipressing regret, al he informed him, that he (the Genets° was demiciliet , d :tt Paris, but that out of respect to Ilse' orders of the king, he would hat st dcptrrtcd immediately, 'sad not his wife been on the point of I)issr and that his departure might effect her safety. lie, therefore, requested w delay. • Not having received any answer, and the Governor of Payie hav ing intimated to him his (inlets to three him to leave Ike town. General E wrote t• the Marini, to inforthisim that Ilitt.s(ormicibe wits at l'atis, and that being placed ea son edirire, he tad a 'Olt • depriv 'in of - se . Of this Empire ? A free trade with India, a lice trade with sT;;; Paris, .;:es:l 7lialbeitii;ectie.;t.o;a(-titLitg7 l ael;tl7.;::l:l i Chipa with the Eastern Islands, the latest acquisitions of to remain thcre, that the King vras too just to deprile.loin o?,:t ti g ht British valour •and throughthem the rids kingdoms , his own lin u se w a iting fur the orders .iir hi. Allsksty• g of S ou th A mer i ca , a country hi t h erto barred aainst us •as the emu, ti rimes Tresetstv(l 'Two days afterwards an officer of mach by the monopolies of its parent Government as by himself to Ocoerai• F. with an order froth Geuvral Grultdior 111 ai. our own, but now at last by the course of events no longer pretend him, and to keep him constantly watched. However, the • withi n the controul of man, opened, In every eat % I trust officer retired, and was rsplpiced by a norreommissioned officer, who . infalliblx, opened, to the commerse of the World. _.,),„ 4 . : .: . attel winds was rclitycd by a yds ate genii. d'art#, Who %vier left ttis. s .: ~ ..1.4v, it s i ' dour., t 4 '' • ; ~ •A. .I‘ 4.4.6 :-11....d3 otAtt.i.ti 1.41.1 - ~.E .lt .1.4) v.u.t) 644 . $ o .;„,:. t . 4.1 6 t 7ttoc i e 6 0 tr y. ; • !. t s A vg , : ::, it t a,,itis led W .. tilt Olt a11M446114 W. illiekt ••• • ' • • . . • . ' :. . . . ~ • .. . . • . ..,., . . . , . •.. .. . . r e ' . . . - . , , • •-: t •,:,• , . 4 14'. . •