Now,  bethought  ithad  been  proved,  that
<  taxation  was  not  the  cause  of  their  distress ;
.and  if  such  were  the  case,  remissien  of
taxation  could  not  be  a  remedy  for  it.  For
his  own  part,  he  looked  for  relief  only  to
a  cessation  of  that  violent  re-action  resolt-
Jing  from  the  extrease  exertion  during  the
•late  war  in  support  of  the  national  credit,
'and  d^iance  of  the  nationid  boaoiBri  by


whieh  onr  mt^mhad  beenfor  a  time  dis-
located. He  looked  with  ooi^Msnoe  to
•the  event,  sharing,  as  hedid,  the-opinioDfi
of  the  hoo.  member  for  Pottaeliogton  and
othen,  who  contended,  that  the  people  of
this  oouiktry  would  speedily  ema^  feom
that  condition  which  was  the  tsoDsequence
of  their  over^strained  exertmn.  He  waa
Gonvineed  that  we  possessed  the*e]emenls
of  prosperity  in  all  the  branches  of  our
agriculture,  commerce,  and  maaofacturea;
and  that  the  energies  of  the  country  would
be  soon  liberated,  and  manlfast  themselvea
in  every  direction.  If,  however,  at  the
present  moment,  parliament  had  not  the
.firmness  to  apply  our  resoarcsa  in  the  mode
•recommend^  by  hisnoble  friend^f  tliey
refused  to  secure  a  gradual  diminution  of
the  debt,  and  abandoned  tbemsehras  to
$he  despondency  wliioh  some  of  thehon*
•members  on  the  other  side  of  the  House
seemed  so  desirous  to  inGttlcatOi*-the  fate
ofthe^untry  would  indeed  behopelesa.
