Star. — London, England, 1816-05-02 00:00:00

A _ ins * Wog issued 01110110r' ay, alone payment of the e ' cre ditor, and in the other great transactions of p a m e at. Still, be contended , t hat th e re had ' Go ao Gm a buse on the parr of the Bank in the amount Ea irl 7, the paper put into circulation. In fact, it was im liosiiete that the Governors of the Bank could mis lone o t this respect without injuring themselves, afire t han any other elass of the community. With licorice to the question before the House, he main -vsined that nothing could be more calculated to im mge the return to cash paymenti, than any pledge' 6de by Parliament on the subject. As for the de. of opinion recommended by the Honour chration s bk Gentleman who had just sp oken, that was sl ogy to be found in the Bill now in progress. Lord FOLKSTONE supported the motion, and op ressed hit firm persuasion, that.if the Bill passed, to p might as well enact a perpetual suspension of :ta b payments. The Bank had hitherto taken no itcp) to fulfil the expectations of the country, and doe was no reason expect they would, unless they we forced, by a vo to te of that House.. Mr. HUSKISSON declared, that be was for re. tern icg to cash payments as soon as it would be con oleo with the public interest. Until the paper cir caution of this country became convettible at plea so into coin, that circulation would not be in a satisfactory state. He admitted also, that the sus pension of cash payments, and the consequent issue e t paper, had occasioned much mischief, by the en- 1 coaragement they afforded to inordinate speculation. l l lit than, on the other hand, if cash payments had boa renewed at a former period, the country would s ot have been able to make those exertions which had o w than counterbalanced every inconvenience.— Adverting to the proposition made by the Honour-, age and Learned Gentleman, he maintained 'that it would be unvise for Parliament to take the direction of the matter into their own hands ; but that it was essential that they should declare to the Bank and to t he country, that they expected that cash payments should be resumed, and that they were aware that toe was no safety to the property of the country bat in a recurrence to the ancient system of our cur rency, He hoped, therefore, than when the House went into a Committee on the Bill, his Right Hon. Friend would propose the introduction in the pre amble Of 2 declaration, that the time allowed to the Bank was to enable them to prepare for a return to 'calltpayments. Mr. THOMPSON expressed his confident hope, that in the course of the year specie would be circu lating in great abundance in this country ; founding this opinion on the fact of the great rise of the ex change, within the last four months. He hoped the time tea; not far distant, when, as had been said by a Right Honourable Gentleman opposite, on a former occasion, every man would have a guinea in his pocket ; and it would then be seen what little anxiety there would be for bank notes. He concluded by expressing a hope, that Ministers would promote the productive labour of the country, in which, more than gold, its real wealth consisted. Mr. HORNER, in reply, declared, that in any thing which be bad advanced on this question, he had meant no personal disrespect to the Directors of the Bank, or to their organs in the House. He had spoken of them merely collectively as a Corporatioa, and considering them in that capacity, he had no hesitation in repeating that he put no confidence in their declarations, when they expressed an anxiety for the resumption of cash payments, — He would not take up much of the time of the House at that late hour, and therefore, would forego the tempting opportunity of exposing the inconsistency' of the arguments which had been urged in support of restriction, by the Right Honourable Gentleman opposite, (Mr. Huskisson) who though he admitted the sound policy of a speedy resumption of cash payments, seemed by his speech to leave that clues lion in the same state which it had been in for some, years past. As to what hid been said on the subject by the Noble Lord (Castlereagh), he (Mr. Horner) expresse.! his ignorance of the precise tendency. He would therefore, from inability, abstain from fAlow. ing him. The Noble Lord had thrown out such a mass of language and ideas, and had made such a novel combination of twisted expressions —(dear, hear) —that it was difficult, in the many theories he urged, to understand tNiat one which applied to the resumption of cash piy meats, or the manner in which they might be most speedily effected Mixtymsue genus, prolesque blformis— Hie !abor, ille domus, et inextricabilis error, ipse tio . o= tecri ambage3que resolvit, CL:a regros file ve , ,rigia." It *as passible that the Noble Lord had a thread which would guide him through the labyrinth of theory an?. phraseology into which he had gone, but as that eruead was not visible to him (Mr. Horner) he would not rise an entrance—(llear, hear.) The Hon. and Learned Wrnlnr then took a view .of ar guments w!.ich ha,: been urged on the other side of the ILluse in fivoUr of restriction, and observed, that if the expediency of the resumption of cash payment at the end of two years, which had been admitted, ilros put into the Bill—if it were made part of the 111 that the Bank should'resume its payments in that t'me, and that the intermediate period should be spent is making preparatory arrangements for that pur- Pow, he should withdraw his motion, and lend his aid to the forwarding of such arrangements. But, Ile added, that this was riot the intention of Ministers, and that by the present Bill they left the time of pay ment' as undefined as it was in 1797. The Bank Di rectors had once expressed themselves anxious to at tend to the directions of the House ; it therefore now becatoe the House, if they sincerely wished for the /gumption of cash payments, to give such directions s would most speedily conduce to that object—Hear. ! t ie had as k e d o f t h e Gentlemen opposite what were tiose. fortunate circumstances under which cash pay ments would be more easy than at present To this question no answer had been given. No one efficient reason had been given why those payments should not now be resumed. Under those circumstances then he put it to those Members who were present, whether after all they had heard they did not con scientiously believe that an inquiry was necessary ? If after what had passed they did not vote for in q uir y , tile,' should stand to the. consequences. The Hon. and Learned Member concluded his reply, by stating, that if the Committee on the Bill were pressed that nights he should move some clauses in consequence of what had fallen from the Noble Lord (Castlereagh). tlinerafient end Kt HORNER explained ; and the }tot se then divided, when' Aire appiateci—tot For the motion, tS—Against, 148—Majority, 79. A LIM *l4. On *tering . the Gallery, we found Sir SAMUEL ROMILLY apologishsg for bringing forward at tint' late hour the motion of which he had given notice, and stating that he bad beet obliged so to do, in con sequence of the precipitation with which the Alien Bill was pressed through the Hons. by Ministers; al. though no satisfactory reason had been assigned why this power, extraordinaryin time of peace, should be invested its them. It had been said that the Act at present in forte Would expire on the 12th of May : but that could be no argument for the Bill, as there are now no foreigners in the country; whose presence ought to be considered dangerous. What he wished to gain by his motion was, to know the number of fo reigners who had been sent out of this country at the instance of any Foreign Minister under the several Alien Acts. This would chew to the House the man ner in which this power, which was now sought to be renewed, had hitherto been exercised, and whe ther it had been in any instances abused ? This information, he contended, was 'necessary, as the House should know, before they granted any such power, whether it would be likely to be abused; and they could only judge of this by seeing how it had hitherto been exercised. The House should also re-• collect, before they passed this Bill, what were the circumstances under which the Alien Bill was first introduced, and compare those with those of the pre sent time. France was at that period in a state of revolution, when the most dangerous notions of liberty were entertained, and when she was in the habit of sending delegates, who spread those notions to other countries. But the same dangers did not now exist. There were now no persons coming from France, whose presence or opinions could be considered inju. rious to this country, and therefore there was not the same necessity for the existence of such a law as the Alien Act: The Hon. and Learned Member then con tended against the policy of a measure which would exclude foreign friends from our shores, for we had now no enemies abroad, and therefore all persons , coming to the country should be considered as friends, and should be encouraged, as they had been ever since the Magna Charta to the present Act. (Hear.) He mentioned the high opinions which had ever been entertained by foreigners of the liberty and indepen dence of English law, and particularly those of Mon tesquieu, and contrasted them with those entertained at the present day, when the arbitrary expulsion of an Englishman from a foreign country was attempted to be justified by precedents drawn from English practice. (Hear.) --He further observed, that if this systent of banishing strangers out of the country was founded on that alliance which had been formed of ruling against the will of the people, it was proper that the House should be informed of it, and of the grounds of its necessity here. He also objected to the Bill, as unjust towards all persons coming to the country whom it presumed to be Aliens, and left it to then; to prove that they were not subject to its operation. If they failed to do this, they became liable to be banished at the will of Ministers. He concluded by moving for an account of the number . of Aliens sent out of this country, under the Acts re lative to Aliens, on the application of any foreign Minister, distinguishing the number in each year. i Lord CASTLEREAGH was not surprized that the Honourable and Learned Gentleman should be now an enemy to the Allien Bill : he had been so even when the measure was first introduced. A Peace Alien Bill was passed after the Treaty of Amiens, I another was passed in 1611; and he would prove, in the proper stage of the Bill, that the reasons for it had augmented since 1814. He had no hesitation in saying, that the Noble Lord at the head of the de- 1 partment never exercised the powers entrusted to Go vernment under the Alien Act, in deference to the, representations of any foreign Minister; he was au thorized to say, that he had never made jt an instru ment of foreign policy. It might br very inconve nient to disclose any representatioot from foreign Mi. 'sisters to Government. Mr. PONSONIW begged leave to read the motion to the Noble Lord, in order that he might know the . purport of it ; for not one of the objections he had stated lay against that metien, as it did no: seek one ' of the objects which he supposed it to seek. He begged of the Noble Lord to think of some other reason against the motion, for the sake of his friends who were to vote with him. Mr. MILEY ADDINGTON said there might be two or three cases at the outside, in ,which applica tions had been made by foreign Ministers, but no person had ever been sent out of the country in con sequence of such application. He had been induced to make inquiries of a relation of his own in the of fice, in consequence of what fell the other night from the H o nourable Member for Taunton ( Mr. Baring). He had carried his inquiries still farther. He had desired the attendance at the Home Office of the first and second Clerk of the Alien Office, who were dis charged two or three weeks ago on retiring pensions, one of whom had been in the office since 1793, and , they had assured him, that they never knew of one instance of any person being sent out of the country on the representation of any foreign Minister.—lf ' the Honourable and Learned Gentleman persisted in his motion, the only return to it would be the mono syllable Nil. Mr. BARING really believed that the Right Ho. nourable Gentleman (Mr. H. Addington) with all his solemnity of expression, was totally unacquainted with what was passing in his own office. The case he had alluded to was that of two merchants of Hot land, men who never meddled with politics, and who had been here on business merely commercial: they had been ordered out of the country in a few hours. He had applied personally to Lord Sidmouth, and the answer was this, that the instructions had come to his office from the Secretary of State for the Fo reign Department : that he knew nothing of the mat ter himself; but that the insuuctions were so peremp tory that he durst not but obey. He happened to find out that they were sent out of the country in con sequence of the application of a Foreign Minister, and that the whole originated in ignorance and mis apprehension. Lord CASTLEREAGH explained. No indivi duals were sent out of the country for any other than obcts of British policy. Lord MILTON said this was the fact which the House wished to have cleared op. Mr B. BATHURST said, if there were any in- . . starlet t h 146 Intoive Foreign Migiteek, tact if theti were no instances, the motion was unnecessary. 31, Si ROMILLY wished to know what was meant by British policy ? It might be thoirght an object of British policy to oblige a Foreign Court.by sending perions disagreeable to it out of the country. He knew that individuals were sent off on grounds not at all connected frith danger to the country ap-1 prehended from them. A cause happened to he re ferred to his arbitration between two foreigners. — One of his Majesty's Ministers, (he would rather not mention his name as he was now dead) took a strong interest in one of them. In the course of the husinecs one of them was found to have misconducted himself. The Noble Lord to whom he had alluded, said that was a person who ought to be sent out of the country on the Alien Bill. He knew tint immorality had often been made a pretence for sending persons out of the country. The Noble Lord had characterised him as a general enemy to Alien Bills. This was the first time he had spoken on the subject, and lie bad deli vered no opinion with respect to the necessity in for mer times., But when the Noble described lilm as an enemy to it in 1793, he seemed quite to have for gotten himself; for that was thirteen years before he was a Menber of Parliament, This was exactly the fable of the Wolfe and the Lamb. It really was un - worthy of the Noble Lord to seek such a momentary triumph, as that which he could gain by assertions : like this. The House then divided—For the motion, 31-- Against it, 82—Majority, 51. Sir JOHN COX HIPPISLEY gave notice that he should move for the appointment of a Select Com mittee to examine and report upon the regulations prevailing in Foreign States, respecting the inter. mission of Papal Rescripts, and the intercourse of their Roman Catholic subjects with the See of Rome; and also epon the nomination, election, collation, or institution of the Episcopal Order of their Clergy nl the Roman Communion. The CHANCELLOR of the EXCHEQUER' postponed the commitment of the Bank Restriction Bill, after an intimation from Mr. Ponsonby, that in consequence of the lateness of the hour, he would avail himself of every facility the Rules f the House afforded him, in moving adjournments. The other Orders of the Day were then proceeded in, after which the House adjourned at HALF•PAST TWO O'CLOOK. Ti4E EVENING STAR. LONDON. . THURSDAY, MAY 2, 1816. PRICE OP S COCKS THIS DAY AT IWELVE O'CLOCK Reduced 61—Cons. mu. 62i —for Acc. 621 i 4 per Cent. 7SI 76-5 per Cent. pa—Bonds ss. 61. pr. Onin.l9l—Exch. Bilb 3s. 6s. pr. Last night Mr. HORNER moved for a Select Com mittee to be appointed, to report on the necessity of renewing the B . ink Restriction Bill. We are sorry to see that the same delusion prevails against the' re turn tb cash payments, which has hitherto given to the Proprietors of Bank Stock an enormous profit at the expense of the rest of the community. It is a proposition so self-evident, that the Bank cannot gain any thing but what others must /are. that we wonder how any person cln have an understanding so obtuse as not to see it. Let such men look at the effccr pro. duced by the intimation of the bare possisility of cash payments being deferred, and their eyes might he opened. Bank Stock instantly rose between 17 and 18 per cent.—from which any one may easily calcu. late the quantum of anticipated gains to the Bank, which the Landholder, Merchant, and Manufacturer, is expected to pay. The utter ignorance of all the elements'of political arithnietic manifested by some men, even in Parlia- meat, is really lamentable. The diminished circu lation of paper is urged as a reason for deferring the return to cash payments ! nor can they *agree even about the cause of the diminished circulation.— Any common retail dealer may understand it. Lately corn was at half the price it would have brought a few years ago, and, of course, could require only half the amount of the paper medium to represent its value. Other commodities have also fallen in price, operating a similar reduction, and gold is new coming forth from its hoards still more to lessen the nominal amount of paper in circulation. Paper is always the representative of a real or supposed value of circulating capital : reduce the nominal value of the latter, and, by necessity, you reduce the former as a matter of course. Again.—.A time of diminished circulation of paper is of all others. that which is preferable for the re sumption of cash payments—because a less quantity of bullion will suffice =and because an increased cir . cola:ion can never take place till an enhancement Of the nominal value of the circulating capital has been effected. But along with this, if the present system is continued, you must have an increase in the nomi nal value of bullion ; or, in other words, another de preciation in the value of Bank-notes. Will such a time be preferable to the present for renewing cash payments No : the thing will then become next to impossible, if we judge from past experience; for every such depreciation puts the amount of the diffe rence into the pockets of the Bank Proprietors, who have never yet been compelled, as they ought to have beep, to lay by their surplus profits to meet the no minal rise of the price of bullion, but have hitherto been permitted to divide these unfair profits among themselves, from time to time, as lanues, besides in reasing th e amount of their dividends. 1•1•01........ Philadelphia Papers to the 20th Match arrived I this morning. Pros the National Intelfigencer, March Is.—The 'Gazette mentions that the extensive American pro perty confiscated by Christophe at St. Domingo, must claim the immediate attention of the Executive of the United States. Ten vessels had been seized — the estimated property 125,000 dollars. Pittga PAPaig . ...S.:" itere freeeited the PANS Pa*. Of tstortdet: They contain but little intelligence of ;Moat; lot Sunday affords but little matter of speeulation for the politicians of Paris. Monday last was eipeciecl to be a day of bustle in the Chamber of Peers* as n communication of importance from Ministers *as en that day expected. The Papers before us furnish us with no clue to lead us to any thing like a plausible conjectdre as to the nature of the communication iti Auestion. The KING has recovered from hit fit of Gina. COURIER EXTRAORDIFARY be MONDAY ston)ttxo. -There was a very 1-:riiliant Court yesterday at the Thuilleries. The Sp.:nith Ambassador, the Great Officers of the Crown, the Marshals, M;!:lsters. acid a great number of Members of both Holises, end Generals. Yesterday there was a Council of Ministers after Mass. Genet:►! Caml*tone *a§ set at li' , ,erty flints the prison of the Abbeye, on Saturday evening. Some individuals of the village of Chasse:lh i/tl•e , department of the Aisne, have been denounced the King's Procurator for having axed up, during the night of the 21st, a seditious placard. PAR'S, APRIL 29. There will he an extraordinary meeting of the Chamber of Petra to-morrow. The Ministers are ex pected to make some important communications to it. The King's Procurator, in the affair of General Cambrone, has appealed against his acquittal. Eberle, the turnkey, ! , as appealed against his sett. tence of two years imprhor.mcnt, for facilitating La valette's escape. Mademosille Garnerin yesterday ascended in her Balloon from the Thuilleties, and when at a very. great height cut away the Parachute, in which she descended safely, at the village of Boulogne. The Balloon took the direction of Montrouge. His Highness the Crown Prince of Wirtemberg, with the Grand Duchess Catherine his consort, ar. rived on the 28th in the evening at Warsaw from St. Petersburgh. They were received with all due ho. nours by the Grand Duke Constantine and the High Officers of State. His Highness the Grand Duke went several miles to meet his august sister. At the moment while this Paper is putting to press all is bustle and gaiety at the Court end of the town, and nothing occupies the general conversation but the Nuptials of the Heiress of the British Throne, with a descendant of one of the most ancient Pro. testant Houses in Europe. 'Ail are pressing, west. ward, in their best clothes, with as much tag. rness AS if they were to be admitted to the nuptials, and some as anxiously as if they were to be the parties. We have given ample particulars of the arrangements in the next page, and shall therefore in this place confine ourselves to the pedigree of the Pntecti, who, - Re hope, is destined to become the founder of a long line of British Soveteigns: German genealogists trace the origin of the present Saxon Ptinces to Arerncien, the celebrated Chief of the Saxons, who for thirty years contended against all the power of CnteLEMACNE, and who, after his final submission to that cnnqueror, still retained large tertiterial possessions, together with the Duc.q floe. From him were descended the Dukes of Saxony, of whom Br:At:ARO, in 1'212, was the fit st that was raised to the Electoral dignity. The Electorate was en joyed by the descendants of ti.ls Prince until 11'22, when, en the failure of his line, it W2S conferred on Fa:maim 66 the Warlike," Margrave cif Tr:u ittotA, also a deF:cedant of Werixlxo. Tte grandsons of 6;6 lAttcr were ERNEmT and AL ame, from whom are descended the Ernestine and Albertine branches cf the House of Saxony. The Ernestine. which was the elder branch, continued to enjoy the Electorate Pita 15 JOHN, " the magnanimous," was qepri7ed of shpt dignity by the Emperor CHARLES V. '.cho conferred it on Mnunic 66 the Patriarch" of the Albertine branch, to whits the present KING of SAXONY belongs. " The ?rotes. tant Religion," says a learned writer nt the present day, " has the greatest obligations to the Princes of the Ernestine line. FREDERICK, the el,'lst son r-f EnNEsr, was LUTHER'S first patron and defender. JOHN, the second son of ERNEST, was the chief pro moter of the Protestation against the Church of Rome, from which the Protestants have derived their appellation. This JOHN was surnamed "the constant." He was the father of . the above-mentioned JOHN, " the magnanimous," and grandfather of JOHN Faa. DEIUCK, the founder of the House of SAXHCOBOURG. Of this illustrious House the late head was the Duke of Saxe COBOURG, who commanded the Allied Armies at an early period of the French Revolution ; and Prince LEOPOLD, who is this day to be united to the Princess CHARLOTTE, is the third son of that eminent Commander. Yesterday a Court of Directors was held at the But India House, when the following Commanders took leave, previous to departing for their respective destination s—Captain Cress. well, of the Astell, for Ceylon and Bengal; Captain M'Dougald, of the Lady Carrington, for Madeira and Bengal; Capt. Mayne, of the Batavia, Captain Marquis, of the Lady Campbell, Ind Captain Bunn, of the Mangles, for Bengal; Captain Masan, of the Ann, and Captain .Cobb, of the Alexander, for Madeira a:4 Bombay. We regret to state the total loss of his Majesty's frigate Phenix, by a hurricane, in the Bay of Chisme in the Archipelago ; but we are happy to find, and it will be a consolation to the friends of those on board, that not a single soul was lest on this unfortunate Gamlen. Moante.—The body of Mr. Garza, of Rasharkirx, near Bel hist, was lately found murdered and dreadfully mangled in one of his own outhouses. A hatchet was lying beside the mangled corisse. It is lamentable to add, that two of the deceased's sons and a daughter are implicated in the murder of their lather, and have all been committed to Carrickfergus jail. NEWMARKET FIRST SPRING MEETING, MAY 1. Sweepstakes of sOp. each. D.M. • Mr. Wateein's filly, by Orville, 7st. Duke of Rutland's colt, by Sorcerer, est. 41b. - 2 Mr. Goddard's Non-Conductor 6 to 4 apt IVlr.Watson's to 4 apt D. of Rutland's c. Renewal of the Newmarket Stakes of frOgs. each, b. ft. colts, Sst. 71b. fillies, Set. 21b. D.M.—The owner of the second horse to receive 100 gs. out of the Stakes. Duke of Grafton's bay colt, Alien, by Dick Andrews Lord Stawelri colt, by Walton - , Duke of Rutland's black filly, by Sorcerer Sin started—Twenty pilil—:The Judge placed but three. 6to 4 apt Alien-7 to 4on Lord Stowers colt. Fifty Pounds by Subscription, for 3-yr.olds, 7st. 616•; 4-7x'. olds, 5.7 r-olds, tst. 41b. LC. Lord Jersey's bay horse Fugitive, 5-yrs old Mr. J. PerrenN boy colt Garus; S-yrs old 6 to 4 on Ciarer. 0 * . s •