§ Order of the Day for the Second Reading read.
§ Moved—That the Bill be now read a Second Time.
THE LORD CHANCELLORexplained that the Commissioners, who had made an elaborate inquiry into the whole subject, recommended the permanent establishment of what would be equivalent to an Incumbered Estates Court, but the jurisdiction of which would not be confined to incumbered estates only, but would extend to giving a Parliamentary title for sale to other estates as well. He had not yet had time to consider all the recommendations of the Committee; but it was advisable, by this Bill, to continue the existing Act for one year more; and he trusted that before the end of next Session the recommendations of the Commissioners, either entire, or else modified, as 796 might seem best, would have become the law of the land.
LORD BROUGHAMremarked, that the Incumbered Estates Act had proved of the greatest possible benefit to Ireland, and he wished that we had in England something—not precisely of the same kind, which was not needed in this country—but grounded on the same principles, to give better facilities for conveyance of estates, and of obtaining a good Parliamentary title, which would be a very great blessing to landowners and to the purchasers of estates.
§ Bill read 2a and committed to a Committee of the whole House To-morrow.
§ House adjourned till To-morrow.