§ Order for Second Reading read.
§ MR. HAYTERhoped the House would consent to his proposal, that this Bill should be read a second time and committed pro formâ, so that he might have an opportunity of introducing a number of Amendments into it. When this was done, the Bill should be reprinted.
§ MR. MULLINGSobserved that this Bill proposed to make a vast variety of alterations. They had been told that the Bill would make a considerable reduction in the stamp duties; but he was satisfied that it would lead to a great increase. He was satisfied, instead of its leading to a reduction of 300,000l. in the revenue of the stamps, it would produce an increase of a million.
§ MR. HAYTERshould be happy to receive any suggestions from the hon. Gentleman as to what he considered the objectionable parts of the Bill, and he could as-as-sure him they should receive every attention.
MR. MOFFATTwished to know what was the nature of the Amendments which were now proposed. He thought it only reasonable that the House should have some explanation on the subject. One of the chief objections to the Bill was, that it proposed to place a stamp duty on many transactions where it had never been charged before.
§ MR. HAYTERsaid, it was intended by the general principle of the Bill not to touch any property but that which was now subject to a stamp duty.
§ Bill read, and committed 2°, for Tomorrow.
§ The House adjourned at One o'clock.