Star. — London, England, 1811-06-28 00:00:00

II - - Because those who feared the Bill were in the habit of called upon to my, that in proposing tharmeasure, meeting together statedly; and the alarm flew thrimghl the Noble Earl could be actuated only by a sense of 1 them all like a shock of electricity I Th e faters 4h e 'public good, and that therefore, under all the 'likewise met statedly at every market-town in the rcumstances of the times, he thought the Noble kingdom ; and if they felt such injuries as he con- Earl entitled to the thanks of that House, and of every templated, the same spirit would be shown, and they well-wisher to the prosperity of the country, for hair would express strongly and boldly what they felt ling thus brought the subject forward for their Lord sevesely. He considered his remedy as easy as the evil , . ships' consideration. It was far from being a ques was alarming. He concluded by presenting his Bill. I don to which he would very readily assent, to make The Earl of LIVERPOOL gave the Noble Mover : a Bank Note a legal tender. The ordinary objec ample credit as to the purity and the correctness of i tions against it had much weight in his mind, such his motives in coming forward on the present occa-1 as—they were liable to be fictitious, Bcc. etc. ; but in sion. He agreed with him as to the great importance 1 other respects he did not conceive that such a case of the subject, which was one which merited the se- I as that adduced by the Noble Earl could of itself rious attention of the Legislature ; and the arguments be sufficient to authorise such an interference of the of the Noble Earl certainly carried great weight with ! Legislature. The case, however, in itself, called them. At the very late period of the Session, how- l for very serious consideration, though he had, in the ever, just on the eve of its closure, and under all the • good sense and patriotic spirit of the country, a suf. circumstances of the case, he thought it would not ficient guarantee that it would not be followed to any be adviseable to proceed any further with the measure extent. Besides, as the law already eoisred, he thought at present. When the great extent and magnitude that the property of the tenantry was sufficiently se of the subject were considered, and if the proposed cured, and it might be unwise to enact new laws or, remedies were considered, he thought their Lordships that head until circumstances absolutely called for must generally be of his opinion. He was ready at it. He was not fond of examining into the mu the same time to admit the probable efficacy of the tires of any man's conduct, but the conduct of thu remedies proposed, as far as they went. As to the Noble individual who had been alluded to, he could immediate necessity for their adoption, were it prin. not exactly ascribe with a Noble Lord (Lord I cipally tested on what was said, as to the intended derdale) to pure patriotism. If he ordered a coach act of a single individual, he could not subscribe to from his cnachmaker at £lOO, and afterwards paid the existence. of that necessity. Under the circum- hint that iBlOO in bank -notes, surely he could not stances, he cituld not believe that the intention would consider ices fair and liberal to require that the same be perseVered in, or if it were,that the example would ceachmaker, when he had £lOO to pay him for rent, be followed by any other person. For the evils con- should bring that sum in gold, and not in Bank notes. templated by the Noble Earl, - the proposed remedy, For surely it could not be considered as very fair in as far as he considered it, would be thought to be the any man, that he should pay his own debts in Bank most efficacious. By it, one great and material pb- notes, but then, when others had debts to pay nim, jection, that w hi c h referred to making notes a legal they should be paid in a different coin from Bank rat . . . . "-- Lender, was in a great measure obviate - a. Generally notes, or that he should be indemnified for the dif speaking, the subject in question was not proper for ference that might appear to exist between paper and Legislative interference, except in cases of positive gold at the moment of payment. At best, this was necessity, of which as yet he saw no proof. It would a sort of pure patriotism which he little understood, be preferable to rely upon the general principle of the and was little disposed to imitate, mutual confidence and good sense of the people at I Lord LAUDERDALE complained that he had large. Here he did not see a sufficent case made out been grossly misrepresented by the Noble and Learned to induce a departure from that principle. The pe- • Lord. When he said that such a determination might riod of the Session, when most of the Members had bave been resorted to by any individual, from mo . left town, and when such an important proposition tives of pure patriotism, his meaning was, that such could not be adequately discussed, was also a most ;an individual might run the risk of incurring od , ilrn serious objection. As to the particular case alluded and unpopularity for having adopted such a resolu to by.the Noble Earl, he understood it was nct only L i on, though he might have taken it up merely with _ . as was stated by him, but that the alternative of re- i a view to make Ministers feel the magnitude n$ the ceivingthe Bank paper only at a depreciated state, was evils,' which, by a false and fatal measure, they had made a positive condition t That the rents should be • inflicted on the country ; which evils, there was paid either in British or Foreign Coin, or in depraci. every reason to dread, would every day become more aced Bank paper ! But he should repeat his firm aggrav ited. In this view of the question, whoever belief, that such an intention, even it acted upon, i acted upon such motives, might flirty he said to would induce no other person so to act ; the example I have been influenced by pure p itriotism in taking of . . . it . . would not be followed. He was aware of the injus. such a resolution ; and was in that view only tice of such a procedure under the circumstances, but the case, in which he conceived that such conduct he had no apprehension as to the prevalence of such might have been suggested by such motives, an example, and on the grounds he had already scat-' As to the case of the coachmaker, it was pretty well ed, no necessity existing—no adequate case was made understood that tradesmen now acted with reference out, to call such an important act of legislative inter- to the present circumstances of Bank Paper, and that position. He felt it his duty, should the Noble Earl when they gave in a Bill they would keep that cir. move for the second reading of the Bill, to move T hat ' cumstance in their eye; and perhaps in the case of it be read a second time on this day three months. the coach maker, the bill would have been £l2O, in. The Earl of LAUDERDALE disapproved of the stead of £lOO, adding £2O per cent. to his bill, hi —__ _ . of consequence of the present supposed depreciation . Bank paper. Why then was not a landlord to look on his side for ao indemnity against any such supposed loss? The LORD CHANCELLOR, in explanation, supposed, that in 1801 he had contracted with his coachmaker to furnish him with a coach in 1811, for /C.v.) ; perhaps in 1801, sold was to be had for XS. 16s. and in 1611 the price was raised to Je4. 16s. The coachmaker would, no doubt, have adverted to this circumstance, and justly, had he (the Lord Chan cellor) requested gold in payment for rent due, the very d iy after die coachmaker had been paid his bill in Bank notes. This he observed, to shew the unfair ness and injustice of requiring a debt due to a land lord to be paid in gold coin, while the landlord would pay his own debts, perhaps to the very same trade man, in Bank notes only. Lord LAUDICADALS and the Loan Cuveckidca again severally explained es to-thrtniffuung attached by them to Aurepetrfotina, in the manner they had employed the term:* Lord STANHOPE, in reply, thanked both sides of the Nouse for the fair interpretation which they had put upon his motion, and upon the motives which had induced him to bring it forward. He could as sure them that they had dune him no more than jus tice. His only wish was to give an opportunity to his Majesty's Government of providing against a feel ing, the evil consequences of which he most seriously dreaded. Th. present alarm respecting the depre ciation o f Bank paper arose, hke most :among, from false fears and ungrounded prejudices. There might soon, perhaps, be no gold in the country ; and he would say, so much the better. All the mischief of the present moment arose from falsely consider ing gold as the proper or only circulating me, chum. On this subject, he much admired an obser vation or Sir George Saville's, an observatic:n mist just and philosophical. In a conversation on the üb ject of a circulating medium, he recollected that p:nod and wise man to have observed, that the circulating medium was the measure of the relative value of things. For example, that £lO notes would pur chase to that amount a certain number of guineas, a certain number of loaves, or of Opera rickets, or the travelling a certain number of miles ; and, that thus the price of every necessary, or enjoyment, might be regulated by the value of a Bank note. Ti the same rule did not existnow, it was from prejudice and idle fears—and he would again repeat that it was to be wished there were no gold in the country. As to the measure he had the honour of prrposing, it was simple and intelligible, and applicable to the circum stances of the moment, and if it were not adopted by Ministers, on diem would lie the responsibility for the consequences. He would content himself with moving, That the Bill be now received, read, and that it be printed. The question was then put, and the Bill was read a first time. Some conversation here arose between the Noble Mover and Lord Liverpool, respecting the day to be appointed for the second reading of the Bill. Lord Liverpool wished it to be read a second time to-mor row; as he then intended moving, as anAmendment, That the Bill be read a second time that day two months. Lord Lauderdale objected to so early a day, and proposed Monday. r ^44 sTANHOPE rose and mid i that Atte_rs Pr - s FOREIGN INTELLIGENCE. CONSTANTINOPLE, APRIL 24. The Porte has hitherto published nothing reaped ing the catastrophe by which the Pacha of Egypt ex terminated, by a single blow, all the Mamelucs ; al that we know upon this comes through private lei bli In an ed T. se w sh to bi el hi ti ti a r Ft P 1 • +' P4RLIAMENTARr PROCEEDINGS. HOUSE or.LoaDs, JUNE 27. : The Irish Bog Drainage Bill pilled through a Committee, nisi l 1 was reported. I pea- The Insolvent Debtors Bill, and the Irish Insolvent Debtors ' ex- Bill, were returned from the Commons, by Mr. Horner and other ill Members, with amendments. Some other Bills were also re. let- turned, agreed to, by Mr. Lusbington and other Members. 1 The Spirits Drawback Suspension Bill was read a third time. ters, according to which the Pacha was forced to The Earl of LAUDERDALE moved a clause to extend to adept this terrible measure in consequence of the con- Ireland the provisions respecting Distilleries entered for exports. 1 tinual mutinies of the Mamelucs. The carnage last- tim, which was negatived, and the Bill passed. ed six hours. Those who escaped the first massacre r j e be cti E n ar A l of e bUl;E: atsn O ti L e K li g o a u v s e e n o o f ti Lords, ce for and on m da o y ve o d that f ani at "i the °n were sought after with great care, drawn from their Lo rds p be g sun p i p moned.—Ordered. hiding.places, dragged into the streets and mas- I Mr. Kinmer, from the Court of Chancery, presented an An. sacred : their wives and children were sold as slaves. count of the business in that Court, from 1755 to 1799; which was , ordered to lie on the Tablz.. —The number of Mamelucs who perished in this was Order of the Day was read on the Amendments on Love. bloody execution exceeded 1200. This formidable den's Divorce Bill. militia reigned a long time in Egypt; where it formed The LORD CHANCEI.LOR called their Lordships attention an aristocratic government. to the petition presented by the party claiming the relief. His I p .o ns r t d p s e h n i!t th h e ou f ght h t e h r e co be n t s te id r er w au ay on of .t After the conquest of Egypt by Selim I. they ceas- e pr oceedi n ga.c.dn-mbsytinlllotllvaintgchtioy . ed to reign, but not to trouble the tranquillity of it. six weeks. l'he question was put, and carried sees. diu. The Beys, who were drawn from their body, have DEPRECIATION OF BANK NOTES, &C. frequently reduced the Pacha, who is the Governor Earl STANHOPE rose to make the motion of sent by the Porte, to be but the instrument of their which he had given notice. The subject he conceived will, or the passive witness of their exactibes and to be of the most important nature, as it regarded mutinies. the particular interests of a most usetul and deserving It was right and proper that this state of things class of the community, and as it affected the general should cease ; but we must agree that the means adop. interests of the nation. The selling of guineas, and ted to effect these were violent in the extreme, and the depreciation of bank-notes, were productive of make all those who read the details shudder. great disadvantages, and if no timely remedy were ._, ~. applied, might go . on till they involved the ruin of VIENNA, MAY 23. '' the country. Their Lordships ought to take the alarm Baden will become the rendezvous of the gyearno. i in go_ _0 d time, and do what lay in their power to pre bility — th ey are actively employed in making it a . ven t the enormous probable evils. They should re :harming abode ; Councillor Count Gleispach is char- I collect what experience might teach them on the sub ged with watching over its embellishments. _ elect of a depreciated currency. Let them look at - • Fri •• The clergy have possessions in Baden, and several ;louses. It is said they are to be sold, and no doubt they will be much sought after. It is now asserted that the Court intends to buy some of them and spend part of the summer, after having made the requisite preparations, in Baden. His Serene Highness the Archduke Palatine is still at Vienna ; and his departure is not mentioned, which negatives the reports invented by the stock-job bers, that the situation of Hungary required his pre sence. That kingdom is perfectly tranquil. ZURICH, MAY 27. • the cases as they occurred in America and in France. In America the depreciation went on till it amounted to 98 per can. In France, previous to the overthrow of the assignats, the depreciation was infinitely greater and quite beyond the conception of any persons who suggested or continued the use of the assignats. It was almost impossible to conceive a greater evil.— When recent c►rcurpstances first came to his knote ledge, he felt it to be his humble but active duty to enquire into them. He had learned that a person of landed property (he should not mention the name or county) had issued a notice, that on next quarter-day he should expect to receive, and would only receive The Gazette of Cave contains two letters publish e 1 by the infant Council of the Grisons: one is writ ten in the name of the Catholic 'part of that Canton, and signed by the Landamann of Latour. The Ca tholics acknowledge, " that it was entirely owing to the extraordinary exertions, tt the unexampled efforts and extreme activity of the Reformists, that the pro - - ,:dpa) ie :peg -• _ from his tenants, the payment of their rents in gold, or in Bank-notes, caking the twenty-shilling notes at a depreciation, at only sixteen shillings. Could they conceive any thing more dreadful than the imitation of this by other landed proprietors, small and great ? It must be evident, that the most alarming conse quences must in that case follow, and the injury to gress of the fire was arrested, and the Episcdpal Pa lace saved from total destruction." They express their lively gratitude, in assuring them that the sentiments which they feel on the occasion will never be effaced from their hearts, but that they will transmit them as an inheritance to their children, and by them to their descendants. The Reformists have replied to this letter in a manner which does them as much honour as the first did the Catholics. BREST, MAY 29. the tenantry. especially the farmers, would beshock ing. He wished to stand forward as the farmer's friend. He had thought on the subject, and the cir cumstances of the times, and conceived the remedy he should propose to be for the present the best he could devise—his wish being, that the farmer should, as far as possible, be protected Against injury and op pression by law. It a landed proprietor took his rents in gold, and paid his expellees to his tradesmen, &c. 4... bank-notes, he would be making untair gains.— Three ships of the line, one corvette, and two cut- Having tremed his remedy , he had endeavoured to 'emends on which the Noble Secretary of State ob.. ters, retook their stations, on the MI instant, near take the best advice he could up o n the subject ; there- jetted to the Bill. The evils consequent on the de- Glenins. • fore he had consulted those persons whom he thought preciaunn of paper might proceed, step by step, to' . FRANKFOIIT, JUNE 3. it would be fittest to consult on such an occasion. H e affect the income of the landholder to a most serious! His Excellency the Duke of Vizenea passed yester. had accordingly gone to some principal B.trikers and extent. He instanced the case of a lady in France,' day thlough this town, on his return to Paris. eminent Lawyers. They bad told him, particularly who was reduced to destruction, with an unforfeited AUGSBURGH, JUNE 5. the Bankers, that his proposed remedy,.was the best estate of £7OOO a-year, and was relieved by charity. He alluded to statements before made by Th e lun g and Queen of Bavaria propose making hey could think of, and might soon become abso. should be hi m, re- , specting the demands of rents in gold, in Ireland, and lutely necessary. Something, theref ore , a joiirney to Baden in tie course of the present month: repeated the circumstance of 100 guineas being pla ther Majesties will be accompanied by their children. done speedily, lest the evil shou ld encrease to an ced in a house, in the town where the rents of , large His Serene Highness the Duke Charles will alone ae.. alarming height during the adjournment. He did were to be received ; and as gold only was to main at Munich. not wish to take up their Lordships' time by entering estate at length into the general questions which were con- be taken, the matter was so managed, that the mo- A Jew merchant from Frankfort, at whose house net t e d with this matter, and which must soon come nay went backwards and forwards between the house a large quantity of English merchandise was found, b e f ore and the agents, and the tenants were in that ma - Hoer was, on the Ist instant, put in prison. compelled to buy the guineas to pay their rents with. minded instead of paper in parts of Ireland, and the We have seen past through this town several mer same might soon happen here pretty generally. A It might become the duty of the landed interests to chars from Leipeic, whom the pens d'Arntes were, man might insist on gold for rent, and only pay his take care of itself, if the depreciation went on. That conducting to Frante. . coechmaker in' bank -notes, and so take to himself subject must come under their deliberations soon.— ; • AMSTERDAM, TUNE E. enormous profits, to the injury of others. As to the The Noble Earl, after various other statements, said, he was not then disposed to press his Noble Friend's Qp the celebration of the baptism of the King of Bank paying in gold, he had always thought it ? was Rome the & cop i es at R otter d am rece i ve d t h e game enough to say, where is the Bank to get it . In motion. Rome,The Earl of LIMERICK declared, that in thous! of Port Napoleon, and the Haringvliet that of the his view of the circumstances of the country, and the parts of Ireland he was best acquainted with, the Port of the King of Rome. The arce d t, at the present state and uses of the Bank, he must say, if he might use a figurative mode of expression, that practices alluded to by the Noble Earl who paid Nagee was, on the same occasion, named Cour Na such attention to the affairs of Ireland, did not exist. poleon—the Tyreiberg, Cour de l'lmperatrice—and the Bank was one of the great bottom planks of the the Paradeplein, Piece de Roi de Rome, or Square ship of Lrigland, and it behoved their Lordships to In the South of Ireland, he could certainly say it of the !Lug of Rome. . take care that it was not bored through, and the water was not so. let in through the hole, which might speedily cause 1 ELSINEUR, JUNE 11. ' The Earl of CLANCARTY corroborated whit the whole vessel of the State to go to the bottom, fell from Lord Limerick, and stated certain peculiar; Her Royal Highness the Crown Princess of Swe- What he meant to propose, was to make it illegal for circumstances in the north of Ireland, which had long den has passed through Fredericsburg, on her journeyprevailed there, and which unquestionably occasioned 1 any body to give more money for to the Bath of Pyrmont. guineas,half-guineas, am than the value they lawfully bear, and to make . a strong preference for receiving goldanstead of pa- KONINGSBURG, JUNE la. it also illegal to take Bank of England notes at a de- per. But that was entirely different from what was At present there appears to be no prospect that co. predated value; at any thing, in short, less than what stated that night, of some proprietor having issued they purported to be equal to. Having stated the such . a notice as that, which might proceed from a lonia' produce will be allowed to enter the ' P russian ports, and it is by no means advisable to allo w any kind of remedy he wished to see applied, he might ! black malignity of heart, in order to push such a loaded vessels, except with salt and coals, to proceed follow an usual custom in declaring his motion for question to the greatest extent, under the idea of what us such ports. ' doing so, and clearing t h e groun d on w hi c h mg i h e m i g ht was called a depreciation of Bank-notes, which, in personally stand. He spoke without any private, fact, did not exist. According to all appearances, it is not to be expec- tad that a rupture will occur this year between F r an ce personal, or party feeling or view, but merely under , The Earl of LAUDERDALE strenuously con and Russia ; and it is believed, chiefly on account of the impression of his duty to his country. It was his - tended, that no such charge as that which he had , ;he g lorious success our brave countrymen have met fortune to be charged unjustly, and to be attacked heard could, in this instance, be justly made. In with in Spain, which prevents Bonaparte from detach - by malicious falsehoods, which tended to misrepre- fact, he was convinced that such conduct might spring! ing an army of sufficient force to conquer that coun- sent his character; but he had never heeded such from motives of the purest patriotism. After Mini-I try. Dentzic is now fortifying, and will be rendered ! things greatly.. It might be said that he had private sters had before them, in various shapes, the real state almost impregnable. , views even in his motion, as he had been charged by ' of the case, and the prospect of the evils that three- An increase of duties has been laid on all colonial some persons with strange intentions. It had been tened the country, a person might think it right, when produce at present in the duchies of Sleswic and Hot. said he was one hundred thousand pounds in debt ; he saw no arguments could convince them, to put the stein, and all future importation of such goods is to- yet the fact was, that he owed nothing to any body; question to a clear and unquestionable test. He should tally prohibited. l and that he was about to set off to America with not name the particular part of Ireland he had allu OUTTENBURDI - 1, JUNE 17. 1 £BO,OOO worth, from his family estates and property. ded to, but it was not exactly the north. After he Our account to-day corroborates what a 'cars in Such things were even countenanced by a person who first mentioned the circumstance there, he had re. i the newspapers, viz. a ruptu re between Russia and re ought h to be the last of all persons to counten ance d ceived abundance of anonymous letters, stating to Prunes. Add to these letters the f a c t of the D anish suc c h arges. They were a l l most f a l se and ri icu- him facts of that nature. I army having been ordered to hold i t self in readiness loos. He wished to do all the good he could to his The Earls of LIMERICK and CLANCARTY , to march ; and the circumstance o f so lar g e a p d- own native country. Hesaw no way by which a de- spoke in explanation : the latter Noble Earl proles-' lion of the French and Rhenish tr oo p s mourn to . preciated paper currency could be raised again: no sed, that, at all events, he could not see, in the con-1 g wards the frontiers of Poland. Ad d also the circum. experience proved it. Recollect what contusion duct alluded to, any evidence of the pure patriotism, , ;once rat so many of th e French Generals havin g been might happen. The other day only, they saw the the Noble Lord imagined. c floor of the nouse actually covered with petitions Earl GROSVENOR was of opinion, the subject th dere,l to Paris--Massena, Monier, J unot, Ne y , and from all quarters, in consequence of a bill brought merited the serious attention of the House. He p r ers —Generals who would have been kept i n S p ain if their services had not been wanted elsewhere. *To in by a Noble Viscouet, who usually sat on the cross thought, however, in the proceedings on the present all these facts we retis; unite t he im p ortant omissions bench (Sidmouth),whom he believed to be a most occasion, they should be guided by circumstances, in Boneparte's Speech, the omission of all mention of respectable and we l l - intentione d man, and of who n, and not come to any final decision as to the Bill, until Russia, the rage he vents against us for endeavour- he had always entertained a good opinion ; but who they saw what course those would take. was so misled as to bran in a foolish and most elan- The LORD CHANCELLOR was not prepared ing to stimulate other Powers against France , and the n,....:.._... doubtful indecisive manner in which he speaks of the f iv erous Bill, which alarmed thousands of people. to give any opinion as to the expediency of adopting - -- c - 51n,....:.._...by were all these petitions so quickly before them ? the measure proposed by the Noble F o ul; but he felt