WAR RESOLVED ON; FINANCIAL MEASURES.

The question of peace or war was discussed at the latter end of May in consequence of a message from the throne. In the lords Earl Grey urged the necessity of a pacific policy, while Lord Grenville advocated war. In the commons Mr. Grattan came forward, and with vehement and eloquent indignation declaimed against the despoiler of Europe, and advocated the most energetic measures to hurl him from his usurped throne. War was resolved on by both lords and commons, and the latter granted the necessary supplies. And this they did munificently; no less a sum than £90,000,000 was voted for the public service. Out of this sum £9,000,000 was to be paid in subsidies to our allies, they still requiring the gold of England to urge them onwards to action. In order to meet the expenditure the unjust and inquisitorial income-tax was continued, and £42,000,000 were obtained by loan. The Irish proportion of the supplies was £9,760,814; the rest was furnished from the inexhaustible sources of Great Britain.

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