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BUSINESS OF PARLIAMENT. THE lobby of the House of Commons, the gal- lery, all the adjacent, passages, and even the neighbouring streets, were crowded at an early hour in the afternoon of Monday, by persons in- terested in the Sugar and Silk Trades. Dming the earlier part of the evening a great number of Petitions, upon various subjects, were presented but those relating to the Silk Trade constituted the majority. One from the working' silk weavers,bearing twenty three thousand signa- tures, was presented by Mr. Buxton. hi consequence of the absence of the Chancel- lor of the Exchequer, through indisposition, JIuskisson undertook to move theresollltions in the Committee of Ways and Means. The Right lIon. Gentleman confined himself in the place, to sim- ply moving for the Committee when Mr. Hume rose to move, as an amendment, that the duties on sugar should be reduced to twenty shilling per hundred weight, which he afterwards with- drew. Mr. Huskisson then proceeded to move the re- solutions relative to the Silk Trade, which he introduced by an able and highly elaborate speech. He commenced with a repetition of all the usual arguments in favour of the utmost freedom of commerce, and then proceeded to draw an analogy as to what the British Siik Trade might be, from what the British Cotton Tiade hadbecome. The exports of manufactured cotton had, he said, mul- tiplied since 1780 in the prodigious ratio of forty to one, though this might be called in exotic iiia- nufacture, while the export of Woollen—our na- tive manufacture, had in the same period, en- creased only one third. He disclaimed any impa- tience to put in practice the doctrines of political economy which he entertained but he explained that the present condition of the world offered opportunities to secure the Silk Trade which might never return. The question of time, he said, had given him much un easiness, as every period upon which he could fix must affect in- juriously, one interest or another; he had how- ever, finally come to the determination, that as respected the reduction of the import duties on raw silk the earliest period would be the best, and he should therefore propose, that that measure should come into operation upon the 25th inst. instead of the 5th of July, as at first intended by the Chancellor of the Exchequer. The removal of the prohibitory duties upon foreign manufactur- ed silks might, he thought, be advantageously postponed and he should therefore fix for the re- moval of those duties, the 5th of July, 1826. The resolution was agreed to without a division.

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