Star. — London, England, 1811-07-05 00:00:00

have Ito.ettresivety good effect. The restriction of the Bank of England issues might not prevent the ex- ee ssive issues of papersby private banks, and the evil might still go on increasing. There was, he believed, remedy but payments in cash. As to the asset-• Lion, that those who thought with him were the irists, and that the opinions of practisal men were against them, he had to observe, that their opinions were to be estimated by the circumstances tinder which they were given. Mole the restriction, the opit.ion of Mr. Giles, tie. late Bank Director, and other eminent practical men, were clearly convinces! of the neces sity of cash payments—but when it became the in terest of practical men to hold a contrary opinion, they changed accordingly. His Lordship proceeded to state, diet when the measure of Bank Restriction was first agreed to, all men joined in rei'retting it.— Ile was surprised, however, to observe, the Minis ters of the present day did not concur with Mr. Pitt, in regarding this as calamitous in an extreme degree, but as a circumstance which had enabled the country to make the exertions she had made. If so, would it not be- consi&red as an argument rjeally strong, that if the issues of Bank Paper were continued in an increased degree, thet the coun-. try would thereby be enabled to make still greater exertions. Noble Lords on the other side considered this to be the system on which the salvation of the country mainly depended. There were persons emeng the Administration, whose opinions as this subject he was particularly anxious to hear. The opinion of the Noble Secretary, for instance (Wellesley), who, f n a former oceasi n, in such glowing colours, contrasted the compulsory state of the paper currency of France with the unrestrained cerrency of this country.he was extremely desirous of hearing, hoping that the ex treme difference between the two measures would be made apparent. He had also been given to under stand, that the idea that Bank-mites should be con vertible into money was the offspring of barbarous times. He was anxious to know how this could be made out ; and he was therefore desirous that Minis ters should have an opportunity of bringing out the present Bill in the most perfect way they could de vise. He conceived this to be a most important mea sure. When originally proposed by his Noble Friend (Earl Stanhope), Ministers were pleased to represent it as one wholly ennecessary, and it was only from what had fellowed, coming from the side of the Mouse on which he sat, that Ministers had thought the measure either necessary, or at all worthy of their support. What opinion was this holding mu to the country of themselves ? Was it not to sey. " We Have no opinion as to what is good or bad for the coun try, and can form it only from what you say on the subje:cir That the country should, at such a mo ment as the present, be reduced to such a state from the want of all mind in its Ministers, he could ,not consider but as truly deplorable. Th,t Ministers should now support a measure which they derrn?d wholly unnece.sary, merely because it met with the disagprobation of those who were in general oppos ed to them, he confessed himself utterly at a loss to reconcile to any principle either of utility or of sound policy. He was decidedly of opinion, from .hat he could collect from the experience of ever y other part of the globe, that the only remedy which remaThed was the resioring of payments by cash.— He hoped, therefore, that Ministers would still pon der hvfore they gave effect to a measure ‘014:11, as had already been found in France, could not he resorted to without the danger of ruin. Ii they pet severed in the present measure, he should esteem himself called on to resist it more than any other which could be devised, conceiving it to be most pregnant with mischief. Lord ROSS, alluding to what had fallen from the l'elOble Earl on a former night, said, if the notes of the Bank of England were depreciated, and those of the Bank of Scotland were not, how did it happen /hat the rate of elellatigC was not turned against England, which was not the case ? It was agreed, that if the notes of the Bonk of England alone were taken into consideration, there was no depreciation ; and that the depreciation' only a'rose front the Coun try Bank-notes. It was, therefore, at any time in the power of the House to apply a remedy, by limiting the issue of Country Bank-notes. Supposing, there fore, that the Bank Restriction Act had never taken ;lace, the Country might still have been in the same situation from the excess of Country Bank-notes. The Earl of LA'IJDERDALE rose to put him self right with the House. He contended that he was accurate as to what he had said relative to Scotland, and that there the banks were liable to pay in specie, in the same manner as they were previous to the year 1796. So much as to matter of fact, there being no clause in the Bank Restriction Bill, which could be construed •to extend to the Bank of Scotland. AS to the question, how it was to be accounted for, that no depreciation, of the rate of exchange had thus been produced against England, lie could only suppose this to have proceeded treat the circumstance, ',hat no landlord had made a derae.nd of payment in gOld till this year. He himself had long seen that it was in the power of any man, if he chose it, to make all the . Banks in Scotland stop payment. He had known SOO guineas received in one payment, from a Dank in Scotland, within a short period. The House then went into a Committee, when the original Clauses in are Bill were agreed to, with some technical amendments. • The Eail of LIV E ItPOOL said lie was satisfied that in framing the Act of the year 1797, an omission had occurred, purely from inadvertency, in the clause protecting persons from arrest where a tender of the debt was made in notes of the Bank of England. He 'had no doubt it was fully meant that this should ex tend to distresses for rent also. As the law now stood, though no arrest could take place where a tender of the debt was made in Bank-notes, still the. party might refuse to accept of it, and might proceed in his action. This he meant now to extend to cases of distress for rent; and to provide that, though where, in such cir cumstances, the summary process must stop where a tender in Bank-notes wasmade,still the landlord might go on with his legal remedy, ifhe chose it, till he should see how far that would avail him. The clause being put, was agreed to. The Marquis of LANSDOWNE thought that ',owe limit should be put to the issues of parer by the rank. He therefore proposed - a clause limiting the future issues of the Bank to the sum to which they should be found to amount on the Ist of July, 1811. . The Earl of LIVERPOOL saw no evidence of any excessive issue s and thought that to specify a limit, might produce inemenience. The issues of the' Bank had been increased last year, in consequence of die failure of a number of ce•.intry Banks ; when the evils thereby felt, however, were dune away, the issues of the Bank were reduced, and in February of the , present year were under their necessar y amount. Tu make she extent of the prdsent issue, therefore, a cri-, terion from which to judge of what inight be the proper amount, would be by no means expedient.— For the purpose of guarding the ptiblic, however, as much as possible, he should propose a clause, limit ing the endurance of the present Bill to the 25th of March, 1812, so that, if it be renewed, it mightat an early period become subject to Parliamentary enquiry. EaTlSTANHOPEsubmitted that smuelimit should be put, even though it should•extend to one, two, or three millions beyond the present amount. Lord HOLLANDconceived that theclause should at least be introduced into the Bill, to allow the House to judge of it as well as of the other provisions of the Bill, when it should be printed in its amended state. Earl LIVERPOOL said, he should move that the Bill be recommitted, that it be printed as amended, and that a day be then appointed for taking it into consideration. Lord HOLLAND still submitted that this clause was as well entitled to full consideration as any other clause that might be introduced into the Bill could be. The question on this clause was put and negatived. Lord LIVERPOOL moved` a clause, limiting the endurance of the Bill to the '2sth March 1812, which was agreed to, after a few words from The LORD CHANCELLOR, who thought that if the Act of the year 1797 was to be continued, it would be an oppression on the subject of this country not to give him the relief proposed by the present Bill. A conversation took place between Lords Stan hope, Redesdale and Livtrpool, as to the wording of the preamble of the Bill, when is was at length agreed to, and the Report was ordered to be received to-morrow. Adjourned. PROTEST. The following Protest was last night entered on the Journals of the House of Lords, against the Bill for fixing the value of the current coin and Bank notes at their actual denomination—that is, for fixing a Guinea at twenty-one shillings, and no more, and a Bank. note at twenty shillings, and no less: DIE ./dARTIS, 2D JULY, 1811. DISSENTIENT—because We think it the duty of this House to klaik in the first instance with the most decided reprobation, a hill, whirls in our judgment manifestly leads to the introduc7 non of la a s, inipostng upon the country the compulsory circula tion of a Paper Currency ; a measure fraught with ihjhstice, de structive of all confidence in the legal security of contract?., and as invariable experience has 'hewn, necessarily productive of the roost fa:al calamities - GRENVILLE LANSDOIVNZ ESSEX COWPER JERSEY I KING Gael LAUDERDALE. For the reason assigned on the other ►ide, and because the r”. read of the law fur suspending Bank Paymet:ts in Cash is in my jud, 2 ,ment the only measure which can cure the Ineouvenit (11 already felt, and avert the yet greater calamities 'a :itch are im pending front the Present state of the circulation of the country. VASSALL HULL AT:D. 'l l lllf, EVENING STAIt. LONDON. FRIDAY, JULY 5.. PRICE OF STOCK'S THIS DAY AT ONE O'CLOCK. Coos. fur opg. 61!--3 per Cu 1.. Reduced L'2l: 4 per Cent. IA —Bonds 205. tits. lath:juin. Omniunt I dis.—Excheti. bills par is. rem. No additional intelligence respecting the move ments of the Armies of Lord WELLINGTON and SOCLT has reached us to-day. In the mean time, a letter from an Officer, dated Elvas, 12th June, states that the siege of Bad•ijoz was raised on the 10th. The place had been battered for eight or ten days, without much effect, little or no breach having been made. The blockade, however, still continued, and a strn.•h forge was left in the trenches.—lt was rumoured that SOULT intended, to blockade Elvas. The French accounts of the s►tccessrul operations of General Sucurr against Tarragona, I,:hich we gave a few days ago, are but too well founded. Let ters Ate in town nom that place, dated the 22a May, stating that the enemy had penetrated in great force to the very walls, and had cut off the supply of water. The enemy had resorted to the inhuman practice of compelling their unfortunate Spanish prisoners to work in the trenches, which had paralyzed the efforts of the besieged to demolish them. A British 74, which was entirely employed in the Bay, .has done wonders in annoying the besiegers. _ The Francis - Freeling and the Princess Amelia packets have arrived at 'Falmouth, from Jamaica, in five and six weeks passage. They bring, no intelli gence of importance.—The Lord Hobart, from the West Indies, was also hourly expectca at Falmouth, having been seen in the bay. Dispatches have at length Ueen received at the Ad miralty, from Admiral SAWYER, on the Amaican station, inclosing Captain BINGHAM'S account of the late action between the LITTLE BELT and the Par stnr.NT.—The following, we believe, will be found to be a Correct sketch of the information received upon this subject : • I " Upon seeing the frigate with an American broad pendant, which we were convinced wanted to speak us, Captain Biro- ' unit, with bis Officers, thought it would be better to speak her before dark—shortened sail, hove to, some considerable time be fore sun-set. The frigate immediately shortened sail and came i down'to us very slowly. We hoisted the ensign and pendant to let her know who we were, and on heaving to, hoisted them again, and kept them up. When the frigate was coming down to us, we distinctly saw the white stars in her broad pendant. " When Captain Biel:meat judged the frigate within hail, he I hailed her twice very loudly, but received no answer; about four or five minutes after (S h. 15 m. p. when a little closer, he hailed. Ship a-boy," was then repeated from the frigate, Captain B. then haiLd, " What ship Is that ?" which was also again repeated. The frigate then immediately commenced firing her broadside and muskets, from her tops at;cl gangways: The action continued with great vigour for 45 minutes, when the frigate ceased firing, mil we then did the aims. *be ap- pabized, when she erased firing, to Le on fire at tke main hatch way. We were then asked *what ship is that r and immediately ' answered by Captain B. who Immediately aPkeel• ' what slip is thitt ?' was Immediately answered ' the UoitedStates frigate Pre- , 'Went.' The President then asked ' have you struck your co burs r t aptaln B. bravely answered • No,' and said to Ids Of- I freers that were near him—that he did not Intend to strike hls colours. " Next morning, at day-light, observed the frigate about six or eight miles to windward, and shortly after she bore up, and came down to us under easy Pail, quite prepared for battle again —passed under our stern, hailed tie, and said,' I will send a boat on board, if you please:' Captain B.• answered, ' very well:— An Officer came on hoard, who said' that Commmodore Rogers was very sorry such an accident had taken place, and that we bad fired the first shot.' Captain B. immediately contradicted 1 the Officer in the last statement, and said, ' he could brine the 1 whole of his Officers to their oaths, that the frigate fired the first ; and asked the Cffiier ' if he thought we should fire at a neutral frigate much more than double her force ?' The Officer appeared perfectly convinced of his being obliged to tell Captain B. an in fernal falsehood." COURT` MARTIAL: Horse (Wands, June 29, ISM The Court having duly and maturely weighed and considered the whole of the evidence adduced on the prom rution. as well as what has been offered In defence, are of opi•tion, fiat lA, utettarn , Colonel Johnstone is Leilty of thc Ac: of Muth4y as described in • the charge, and do therefore sentence hint to be caiderod. t aavto acquaint you, that, under all the circumstances of title case, his Royal Highness was pleased, in the name and tntthet baalf of his Majesty, to acquleste in the sentence oi he Court. I ant further r.ounnanded to acquaint you, that its passing a sentence so inadequate 'o the mono:. y of the crittiv of which the prisoner has been found guilty, the Court have apparently been actuated by a consideration for the circum•tances.uf itu:•ropsietv and oppression, which. by the evidence on the face , 1 the ore. ceedings, appear to have so stron'y mar Led the conduct 11-Go vernor Wiwi to :he admiiduretion ~t the high o(ce with which he was entrusted by his Majesty. Stts although the Prince Re. gent admits the pr4.•6ple under whirl, the Court have allowed i 1 this cotiaidisatiol: 1 , 1 14: in rmtation of the p. ni men' o ACh . the crime of tunth.y would nth, noise have stittge• et!, yet t., 03- cumstances whatever can be received by hi; itoya; lb t ltnese in. full J ectentiation of an assumption of power so subver-ive of every princluie of good order and discipline, as diet under which Liew. teratnoCo'.onel Johnstone has be.:ll cntivict,(l. ' • You wed acquaint me with the day urm which the sentence i is made known to the prisoner, Lt.:text:ant-Colo t 1 Jo' .:'sfone,aff from eat day he will cease to teceivt• u.ty in 11. Ni.,p Ay's service. (Signed) FRED! , RICK, Command r•ill-t.Ilaf. . , Adjutant-General of the Forte.. By communications tr..m the Arm). tin.l'r Lord „ WEL•UNC;TON, it is underrtood that the conduct of the 42.1, 71st, and 79th regiments niet so particu- i herly with his approbation, in the engagem.lits be tween the 'Allkd Armies and the French, on the 3d i and sth of May, that his I... , rdship, in v.stirtiony of his high sense of their gallant behaviour, has been , pleased to direct that a lierjeant horn each of those • corps should be recommended for Ensigiiciee,. which has been approved of by his Royal High:less the 1 Commander in Chief. 1 The transports with the cavalry which emb irked a • few days ago, at Plymouth, remained there when our last accounts came away. The wind has been n.r therly, which is lair for their sailing. The gallant Marshal Sir W. C. BEitssroan, was on ' Ft iday last, elected Member t..r the County of Watur ; ford, without opposition. He was pr , posed by the late Member Mr. Joist CLALILUS BnuLsrotto. A mail from Jamaica arrived in town this morn ing, with letters and papers to the 2Gth of May. By these we are infor.ned that another attempt has seen made to set tl.e town of Montego Bay on fire. Yesterday, the QUEEN and PRINCESSES took a ride to Frogmure. • Yesterday, at twelve o'clock, his MAJESTY came on the Terrace, at Windsor, accompanied by Dr. \Virus, and walked till half-past twelve. 1 An alarm was excited on Wednesday evening in St. James's Palace, in consequence of a chimney in : the apartments of Lady C. Finch having caught tire. The, room appeared all in a blaze, but it was soon iextinguished by the activity of the.servants. Early yesterday morning was married, by special 1 licence, at St. George's Church, Hanover-square, the II - lon. WILLIAM FITZROY, to Lady ELIZABETH FITZ ROY, eldest daughter of the late Duke of GRAFTON. As soon as the ceremony was performed, the bridal pair set off for Fitzroy Farm, Highgate, to pass the remaioder of the week. CAMBRIDGE INSTALLATIOM LUCIEN BONAPARTE and family have left Ludlow fur his new residence at Thorngrove, near Worcester. Government are at this time shipping 60,000 load of timber, for masts, yards, &c. from Canada. Advices have been obtained from Malaga, of the date of the 29th of May. The Polish regiment which • has been so long in garrison there, had not been re moved to reinforce Souvr, and was about 1200 strong. A French force of 2800 infantry, and 7(X) cavalry, had bem-deteated by General FREYRE, and bad re treated upon Corp. The Spaniards, in consequence . lof this success, had entere dßaza. Auxiliary to the design of the march of the French army under MARMONT, t,) the South, we find that all the artillery in Z.iniora had been sent to Alva de: Turmes. From thence a part had taken the direc tion of l'idaverit dc la Reyna, and another had pro ceded towards the Dispinha Pirros. It seems to be the intention of the French to abandon Zamora, as I screnteen families, who had been attached to the ' French faction, fearful of remaining, had accompa nied the convoy. Deut - e - r (according, to the last accounts). had al ready joined Sow.T, at Llerena ; while MattstosT was ma: thing up In Merida, on the Guadiana, for the purpos:• of turming a .imilar junction. Sthlttld the enNny be enabled to collect the whole of their force, it is calculated that their army will amount to very nearly 60,000 men. The Archduke Charles, arrived in Dover roads from Lima, whence she sailed on the 16th January, with a valuable cargo, under convoy of his Majesty's brig Mutine, landed four officers, sent over on a poli tical mission. The principal is Don FRANCISCO DE SALAZAR, a Colonel in the Spanish army, charged with dispatches for the Spanish Minister in London, and accredited to the Cortes of Spain. There is Also a Secretary to the mission, and two officers holding the :.ink of Colonel in die native Peruvian army. All was cluiet in Peru when the Archduke Charles sailed. PLY'IOUTH, JULY s. _ • THURSDAY, JULY 4. Just after the express - had left Cambridge with my letter of yesterday, information was brought y et press, that Mr. Sadler had safely alighted in a field 1 near Standon, in Hertfordshire, distant - about thirty four miles from here. Scarcely was this intelligence received, when a post-chaise and four, about nin o'clock, drove. into the toivn with Mr. Sadler. 0 the top of the chaise was tied his car, the balloon wa in Immediately every one rapt out to Fleet hi sari eturn. He drove to Mr. Nicholson's, in '['rum pin g ton.street, opposite the gate' of Trinity College where he alighted amidst the filizzas of an immens , crowd of persons. Great numbers rushed up stair to congratulate him ; and to all the numerous in quiries as to the voyage he had taken, he answerer with a politeness and .Iffability which made a Brea' impression in his favour. Having satlsfied ;he Tie rists,'he proceeded•to Trinity Coib'ge, to pay his re spects to the Gentlemen, .and. was esc.ateii thithe. p o pulace, who' rent the air with their shoi.-is. by the The account which he gives of his voyage is this he ascended at fifteen minutes past two o'clock, an lost sight of Tiinity College entirely in three minute and a half, when he entered a mass of clouds, throng which the balloon continued ascending, and in si minutes more was clear of the clondS. Tie ,thse v.itions which he made upon the clouds, were, tha from the time occupied in breaking through their they must have been nearly ire mile in thickness.- The balloon still vontinued ascending, and in a fe minutes he observed its shadow on the clouds, d. balloon was then moving with great velocity, in direction nearly east, still rising till abont tea rn.nuti past three o'clock. The bar meter at this time wr 13. the thermometer 28°. Froin the direction en velocity of the wind, at the only time there was a opportunity of obseiving the progress of the bailout Mr. Sadler was apprehensive that he should he ca ried to the sea coast ; in consequence of this he b. gan to evaporate the gas, to find cut at what pa of the country he was in, and ilescen&il r: pill but finding that the barometer fell, he threw of some ballast to moderate the descent, tl-is occas'oi ed the ascent for a short time, and shortly after M Samna descended. Mr. S. then observing, hayir neared tte earth, that a small copse was at ham in the direction the ballon was taking, judged expedient to descend. The country round appeare and was beautifully laid out with corn fielJs; and ti balloon taking the ground at 50 minutes past thr; i.o'clock, at which time Mr. SADLItit had been an hot and 35 minutes traversing the air. The ballet took the ground in the midst of a barley field, r bounded completely over it, and, aftef draggir across a field, was for an instant arrested in its pi gress by a hedge. The shouts of the •people we distinctly heard by Mr. SADLE:t, when at a consids The PEAcocK sloop of war arrived last night from cruite off the coast of France. Also arrived the ElizAeth (I) tender, from Greenock, with impres.. , sed men ; and the ANTELOPE, of 50 guns, from Ports. mouth, last from Torbay. Admiral Sir J. TnamAs DUCKWORTH proCeeds in her from hence to resume his Government at Newfoundland. Went out of hark hour the INTELLIGENT gun brig. Sailed the ABER• CROUBIE, of 74 guns, for Basque Roads. PORTSMOUTH.T WM 4. _ Arrived his Maje,ty's ship ZePitylt with a convoy from the Downs.—Wind N.N.W. DEAL, JULY 4. _ _ _ Arrived the NAIAD frigate from a eruize, and the SEINE-frigate from Plymouth, with a convoy of coasters. HARWICH, JULY 4. s . 1 _ . Sailed the Lord Duncan packet, with the Anholt able height, previous to his descent. In a minute mail of the 2d inst. The Lark packet is hourly ex-• two after the descent, a man came up, and assisted petted trout Anholt with a 'natl.—Wind Nortu. endeavouring t 3 secure the balloon, -but the vi , leni It will appear by the following extracts that the r e of the wind soon disengaged the c a r, w hi c h w: i s d ra i ' 1 ged, with the man, to a great distance,'nntil sups,has been a gale off Rarnsgate. The letters from the other ports on the Coast of Kent, are silent on th e sby another hedge. The hoop th en got entang l e d ' a tree, the man h o ldi ng on all the whil e . A: t 1 subject : .. R amsgate , J uly 4 . i moment another man came up, an d s ly t l y atter ! ‘• The Maria, Ilatoos, of Yarmouth, from Cork, • was lolbwed by a vast num'air of people, by tebo was brought in here last night by the Deal bOats, ai‘istunce tire ballorn was secured, b ut ' not unt il having,suirervd severely in a gale cit the North Fore- : had received great damage. In the d escent M r . S A land. She has lost an anchor and cable, Se v e r . 4 , vessels have lost their anchors and cabl es ." Ice encountered a very severe sqa a ll. Whets Mr. Sadler was on hi s re t urn to C an ib r i c k , i A N 0111E1: LETTLE, SAME DA 11. n. —Arrived the Ma the post-chaise in xaich he was, passed th e carr i a ria, BitiGcs, with the loss of anchors and ca ble s , w hi c h she loot yesterday doting the gale." t of his Highness the Chancellor, who immediately p ceiving th‘..„'Aercnaut, sent on e o f hi s ser y ams al N.B. It is reported that several ves se l s • cut when the Maria did, and ran to the Westward. him, and Mr. Sadler directed the b , vs to turn rout I ot out of the c!taise, and p a id his respects 413 HAY'M ARKET TH EAT R E .—A new F arce , entitled fi Who The Outride Passenger, was brought out l ast n i g h t .— ighness, safe very The idea of the plan is good, and h as , i n many real him on his yage. very condescendingly. congratulat instances, produced whim s ic a l s ce n es o f h umour. A From the time the balloon wa s in p rog r ess , P . have trave ll ed upward , gentleman of fort une , an ou t s id e p assenger on a stage Sailer conceives he must t 90 fi rst taken a having c o urse at rst 4 due sou, coach is treated cont e mpt u o us ly by an ill-b re d wo- . miles,. 1 man who had an inside pl ac e. H e i s di scoverec 4 at . and then bcre round to the eastw ar d. w : length, to be a B aronet an d Sh er iff o f t h e canuty.— ; CORN IVI tit ltrT, MARL-LANS. JOLT s.—Tills day t y e BM in the mana gement th ere was ne i t h er wit norin- ' ket has some - tardier arrivals' of Wheit 'ens Wr cl --- cident to sustain the i n te r e s t, an d t h e au di ence ' pro . quantitia of the late f ore i gn , upwar d s of 410.40 suarir r • main in demand ; inferi o r, hovy ails—Barkiald.Mak in nounced jud g m en t, a s w e th ou ght i d ec i s i ve ly against supply, and eginewhat draree-=9/hltii Pea iWs !seism, oi its repetition ; yet we see .it is. annbianced for this ' sot , at, the last triotatlona—Oats•also In s i ert Ripl, llighte • ' • i . trade. quoted ratYu lialson—Flour so cowl 4110110