Star. — London, England, 1819-05-10 00:00:00

• • . • .4.•••••• *•• . - Jc /°':. - : •I + `.. . a • , •.• 14 a 4 ' ' " - ' ''''' . ••-•:; -, .16 - • ' '-' ' - . t op r• i . , '' 3. • ' I • .: 6 • ' 401 . ;• -,-4)0 , • ..7 -- ---alak • • , i 4 .....a, •• • -...., -a. ... .*- .. - , •••4 4 • V . ' ' . -4 - en . l's • ,10P , , .1 . . VA": _~ ._ :~. c I . • ~ i 0,047• EAST- TA Not toy 4, of . 1E COURT If DIRECTORS eme uNnuro , e liEtteNTS e EIVGLAPID, flo hertby girt 4; OBIiBRAL COURT of the said Company will be', 00 their House, is Leaslenhall-gFeet, on IVEDNAsDA3k ti ob •:..rstaat, at Eleven o'Clock is the Forenoon, at the die (itio, proprietors, agreeably to the following latter, vie: • 4 , ',mom:, the 24th April, 1819. a TO the Honourable the Court ofpan Directors of the Bast- at. Pidia Comy. tifonorablc Sits--re request the favour of your calling a Ceneral Court of Proprietors, for the purpose of taking odoideration the following proposition, viz. , That a Sum of Mor.ey equal to Sicca Rupees o one hundred 1 ,04 thousan d (160,000 Se. Its.) tie paid Mr. JAMAS' pos a t the exchange of 2s. 6d. per Slew Rupee, in can e , l osses sustained by him fr om the enactment of oce of the oppo i t • of Saltpetre by the Bengal Government in the Test We have the honour to be, Hon. Sirs, 0 Your ;nest obedient humble Scants, CIIARLEZ Fosses. C. ROSIIMOON. C. CoCeritru.. Joint Fosses. H. llowossa. Jove Ins*. A. Baowx. Joas Dsicos." Az.osew JOSEPH DART, Secretary. GAS L icirr AND CONE COMPANY. London, 7th May, 1819. I,OTICE is hereby given, That a Special Court of the Proprietors of this Company will be held it the Crown tabor Twerp, in the Strand, in the County of Middlesex, golty, the 31 st day of May instant, at Eleven o'Cloek in Forreoan, for the IiLECTION of THREE DIREC- Of this Company for four years, in the room of *three Di :•ort whq vacate, pursuant to .the Act of the 50th year of his :sor. 'll4sty. By order of the Coutt of Directors, J. PEDDER, Secietary. B. The Chair will be taken at Twelve o'Clock precisely, t h e B.:14;z will continue open from that time till four o'clock. lITIONAL MONUMENT IN SCOTLAND TO COM IEmOEATE THE GLORIOUS NAVAL AND MILI TARY ACHIEVEMENTS OFTHE LATE WAR. FESTIVAL is to be held in Free Masons' Ta• Tern, Great Queen.street, Lincoln's Inn Fields, on ah, Y, the :2d instant, which it is hoped will be attended by Yoblemen and Gentlemen connected with Scotland, now in London or the neighbourhood, and by thowl4listiss . c h ara cters belonging to other parts of the United KM.- who may be desirous, of co-operating in so laudable &Ines. Further particulars to be afterwards announced. Leaden, Bth May, 1819. MEDICAL DEPARTMENT OF TILE ME ANNUAL DINNER of the 80 I the BENEFIT of WIDOWS of Mill EDICAL DEPARTMENT of the ARICW, the Thatched Rouse Timm, St. Jameessatott ESDAY, the tOth Instant. Dr. WILLIAM vauritnslOte STICIVARDS. Dr. Junes Arthur, Dr. F• J. A. Campbell, Esq. Dr: 'Do George Dickson, En. gclvrar4 Dr. H. G. Emery, J. A. Dr. James Forbes, Di. W. G. J. Guthrie, Esq. Ds•:' Tirlyrts, One Guinea each, to be N itudilly, of THOMAS TM A.B. ?la Collection. . WANTEP. IN GOOD itEPAIR, A SMALL HOUSE, with a GARDEN, in any Market Town in England or Wales, not leas than 76 from London.—Rest must be nadir San. Address, with particulars, post paid, A. ft No. 81, Paradise. anhe3, near London. WARW ICKSHIRE. ILEG.kNT MANSION, IN THE GOTHIC STYLE; , EXCELLENT OFFICES, ATTACHED AND DE TACHED, KITCHEN GARDEN WELL STOCKED; FARM HOUSES and OUTBVILDINGS; and THREE HONORED and FIFTY ACRES Of RICH MEADOW GEAZINGand ARABLE LAND. TO BE SOLD BY PRIVATE CONTRACT BY Mr. ROBINS, AVALUABLE FREEHOLD ESTATE, adap ted for the Residence of a Family of the first distinction, comprising an elegant substantial structure in the Gothic Style, seated on a Lawn, upon a pleasing Elevation; commanding teuttiful and interesting Views over a fine varied Country, craamented by a fine Stream of Water. The House contains somerous well arranged Apartments, excellent Domestic Ml as, Out-offices, good Garden, a CAPITAL FARM HOUSE hint- a Gentleman's Residence, with Garden and OutAmilall* z:. another Farm-house and Buildings, wi t h THREE HUN NEB and FIFTY ACRFS of rich Meadow, Grazing and Ai ble Land, with a fine Stream of Water stored with VW. 'robe viewed by Tickeu, which with Particulars may barked si Mr. Robins, Warwick -street, Golden -square. TO-MORROW, The 11th of this Month, (Mg), VW. STATE LOTTERY BEGINS DIIAWING, On which Day the First Prize drawn will receive £20,000 more in Money ! The Second Prize drawn will receive £20,000 more in Stock ! Tickets and Shares are Selling by TBISH, Stock Broker, 4, Coraill ; and 9,Cha-: • ring -Crow, London ; sad by his Agents in the Country.- ltewell known that Bras (Aces are almost invariably pro- Intnent fin god luck, and therefore needless to specify any pie ta:du instance ; suffice it to say, that in the last Lottery ( as USUAL) 1^ sold a gr ea t er number of Capitaltthan any other Office-keeper, Saving Shared and Sold 14 Capitals, including one Prize of ?NM, and 12 other Capitals, also one of the Grand Prizes of akets, by which three individuals afterwards obtained large Capitals ; and in the preceding Lottery, he sold one of £30,000 tel various other Capitals, &c. and it is a well-ascertained fact, tau th,:ze is scarcely a Town or Village in the United Kingdom, 14 't has sot obtained, at different periods, parts of the immense 4: of Caritals he has divided ; and though BISH mentions the Vera where his great Prizes axe sent to, he never, in any in mare, nanica the fortunate individuals who obtain the Capitals, as that 'night be uopleas ant. The .£20,000 Prize was distributed as follows : A Quarter to itcreford An Eighth to Sa:7rott W.iiden A Sixteenth to Edinburgh As Eighth h Umouth A Sixteenth to Haissworth ♦ Sixteenth to Bideford Ps Sixteenth to Mildon A Sixteenth to Bridlington A Sixteenth to Northampton A Sixteenth to Dartanyufh A Sixteenth not reafttered. The present Lottery consists of only A'14:1,000 Tickets, yet con tain:, 1., Money aid Consols, FOUR rßizEs OF .tito,ooo !!! &c. &c. &c. • . M .-3.40;46.:41F" • k . r` - • ilalliift i MOTIONS. •. ~.,. • . 4. iir"-v. 10.4) c. 1/100.414104, MAY.Bs I'6.* ..,.., ' Thu Ist isiiilbobistar . is* Pot goloshes Boyd 111.1 for din i Prints Shwa itia been oleam‘ .t ibbli ttr that 1119'.11/# Ditindine of. that floglatant: shall hasoefOrs - wird, So edited tie istilmoilion. width, k Battalion the id ilanbßllls Ist Regiment of 'Drapes %Mils, Lieutenant Aries r O'Hara Dickens, front the balfisay of the 14th Foot; to be Lieutenant, vice- Robert Toots) , Hawley, who exchingto, re. ceiving the difference. 'l3th Regiment of Light Dragoons, Major John Floyd thttereen, from the t2d Light Dragoons, to be Major, vise Lawrence; who exchanges ; Captain William Browse, from the 18th Light pra g oons, vice Moray, .who exchanges; aad Richard Brunton, from half-pay of the ebth Foot, doe James Consi dine, who exchanges, receiving the differssico between a AR pay troop and full pay company ; to be Colman' of troops. ' 34th Ditto, Lieutenant James Ormsby, from bilf.pay of the f•d Rrapoor. Guards, to be Lieutenant, vice James Churning, who exchanges. 18th Dkto, Brevet Major William Monty; from dm lith Uglit Dragoons, to be Captain of a 'stoop , i 4 ea Drowse, who ow atoms. rid Dish, Major GeergslAwriese. dew die Li* Light Drs. goo., tube Major, vice Paterson, telilloelliges. 3d Reghnont of Foot Ottarda, Captain MIMI Robert DhiW; from half pa 115th Foot, to be linutart Mid Copal*, okie AllOander Feed, who enchants, receiving the dillbeisse. 4th Regimeat of root, Captain lion. Dewy Francis De Mont morency, from half -p ly tut Foot, to be Captain Of 1 Com• pany, vice Willi: at „Ashton Wood, who exchanges. Bth Ditto, Lieutenant Marshall M'Dermott., from half-pay 34th Foot, to be Paymaster, vice Hodgson, deceased. 28th Ditto, Surgeon Samtiel'Crosier Roe, from the 55th Foot, to be Surgeon, vice William Byrtt, who retires upon half.pay ' 71st Foot. 31st Ditto, Lieutenant Francis John Ryan to be Captain *Ell Company, without purchase, vice Cinnming, detained ; Eustis William Augustusliardeastle to be Lieutenant, wWwit-par chase, vice Ryan ; and Gentleniaa Cadet Harry advert, from the Royal Military Whit, to be Ensign, -without purchase, vice Hardcastie. 43d Ditto, Lieutenant John Echlin Matthews , from italitay of the re gimen, to be Linatanant, vice John Crawford, who exchanges, receiving the digit :ewe. 45th Ditto, Lieutenant TlMinsm Parr to be Captain of a Corn. pony, without purchase, vice Given, deceased. Ensign F. T. hart to be Lieutenant, vice Parr; hod Arthur Alexander Dal.. ' tell, Gent. to be Ensign, vice FAhart. 45th Ditto, Surgeon Edward O'Reilly, M. 1). from half-pay 71st Foot, to be Surgeon, vice Roe,appointed to the 28th Foot. 117th Ditto, 'Gentleman Cadet William Gossip, from the Royal Military College, to be &Sign, withoUt purchase, vice Carroll, promoted. Royal York Rangers, Serjeant Major Sunman, from the 10th Light Dragoons, to be Ensign, 'Admit minkam, vim Win took, deceased. I Royal West India Ransil% Lieutenant Hon. George Cathcart, from the Mir Dragoon' Guards, to be Captain of si Comp without porch use, vice Anwein ..)... - - York Claitemis,Vssi pitreitaie;vice Mem let b liddd. fain • . ' ,vk gd • ' . L haff-piy i votirem. 4 ileinpley, . 'e to be • and ' B+~t+ ~ vice . &Mama' rt - rrr s. $ teelien, 111111, ODOM, MOOS Issernik ,10404315ee-19, at ten, iitl, .. W. Hainpsos, Mdloserretratot, maanesseter ; m • Illt Cancery.lane. JAM ?raw% lAl!essidne liminvesiger, May 12, 13, MK Wet eleven, at * 'White Heene Inn, Preston. Mink*, Mei' lillio, Chanotyplasse, Laden; or Mr. Green- Pe11911% • ,_•• Fors AIMPPROPrioneII, drape! ! KIT IS, at four, 24 , en, at the Mew of Maseru. Thy and Devres, Adtz ;such; and June 19, at eleven, at ate Whits Hart •48-Zoach. Anomie., Idemrs.; Lang and Austen, E 7-4 lan ; or Meters. DOW and Deems. Ashby-de-la-Zoe& William Jackson, Melksham, Wilts, grocer, May U, 11, imiJane 19, at doves at the Castle and . Ball, Bath. Actor- Rim, Mr. Hannam , Coveht.garden ; or Mr. Ralson, Bath. .nes Ball, Poole, ghearnaleer, May 45. 0 tour, 98, tad June 19, at ten, at the London Tiveen, Poole. emcee 14.8 Alexander and Holm, New Inn, Lmsdoni dr 74n. Pan, Poole, Dorset. Moses Shepherd, Fareham, Southampton,. dealer In Iteipsoll4 91, at one, 49, at eleven, and June 19, at age at the India, Arms Inn, Gosport .. Attacks, Mr. Crukluank, Gosport k. ' or Messrs. Alesander and Haim, New ban; London. r.oma* Rhoades, jun. Qneen.stteet, Houton , = lass-mounter, , ' Kay 16, 1121 and Joon 19, at twelve, 0 GuildhalL' Attorney, Mr. Bennett, Token-house - yard. feerge Lowe and Bernard Cohens, late of Manchester, fustian manufacturers, May Si, at two, June 1, * nine, 19, at two, at the Spread Kagje Inn, Manchester. Attornies, Mr. Law. ler, St. Ann's.square, Manchester ; or Messrs. Hurd and Johnson, King's Bench,wallts, Inner Temple. Benjamin Foot, Half-Moen Tavern, Gracechurcb.atreet, ta vernAeepeo, Kay 15. 44, and June 19„ at twelve, at Guild hall. Attendee, Masers. Ramada and Davis, Corbett.court, Gescedisreb.streett • Isaiah Beckett and James Roberts, &her-street, Wood-eta& BbekweibitaiLfacspas, May 15, 90, anre 19, at ** Gaildhall. Attorney, Mr. Butler, ca Henry Willhun Vander Kieft, late of. Narrow-will, LandWA. and High Holborn, oil-merchant, May 15, 22, and June 11/, at twelve, at Guildhall. ;litanies, Messrs. Bourdillon and Hewitt, Bread-street, Cheapside. Joh* Thoin, Joiner-eyed, Southwark , victualler , M it, and Tene n l9, at ten, at Guildhallf Attorney, Mr. Harpermet, Ken -rte.' • • Stark Daniel Martin. %Winton Arcade, FlgenclillY, jeweller, May 15, 92, and June 19, at twelve, at Guildhall . &lOC ales, Mew. Cardale and Young . Hol boai-court, Gray's Ina. Thomas Bevis, late of Oxfordstreet, coach-maker, May. 15, _ 99, and June 19; at twelve, at Guildhall. Attorney, Mr. Clarion, High-street Mary4bonse. • . Mary Firth, Zooper-beidge, Yorkshire, lisse-bumer, May 9901 ' 21, at six, and June 19, at ten, at the White Horse Huddersfield. Attendee, Mr. Bettye,. Chaece77-bew ; sr Mr. Peace, Huddersfield. . William and Adam Tifttletesi Preini m asHowd ley, Worce the ster, shire, grocers, Jane I,Leh. ..ip f eleven, at at Wheat Sheaf Inn, Bewdley. Mews. Pardo and Nicholas, Bewdley ; or Meisra. lisres4/ and Alban, Un cap's Inn. Edward SmithyTothill-striet, cbirdsmimh May 19, as, and Jane 19, at *knee, at Guildhall. iiiisakh , Sews. Ales ander autA Wine, New IM :'u n. • Jibs A ' lighigard Bingstnemliabifulle , May 14, 19, and Juno 19, at eleven, at the Deg lee Tavern, Meg aratengdw-HulL Imeigapre.. • Jaime Orstrnx, M Mat 144 ON -and inns 0, at sieves, at ,Atearides, Idiom -Mot adtl apwamn, DroadmtecOvaikilapd Reba Hes Mord, of lAttle • Toikerriari vivo*** 15,'9J 1 optifflkl9o6l: AA i am b & . .36,40kittsr• •Ilk loc"."-.• f ' . • fde ,dib ilk. ' .1 John da4 • • and les, Mead!. Loudon.. Loudon• sort, victual- Igo. at ten. et Guild- Lasso sad Hine, Char er, to turtelder June to ; Woa wich. Attor ich ; yid Messrs. Tit: *squire, Lando*. ..I{T.i., ........,... tr y v p•--- 1 7 : - ..7.: ._— T ._ REPORT OF. THE SWEET COMMITTEE t , ,*.e, , ON MB tau O F THE BANK or ltNalittlfD. ----- • The following is the historical recapitulation ;with • which ibis Report commences, but fer which we had not roaai in our Paper of 'Saturday : - r Your COManigtoe will preface the observations they have to ' make Was the matters immediately referred to them by the /I , 42 . 01,= e href rompltalation of the laws which imposed and she "atrial= trim Payments in Cash by the .. t a 1640satt. - , It is not amnesty to advert to the eirCUOLIZIKII wader which that ag_80411,9 wee eeigtoally imposed by Order in CAnuidl in the I AMR; obibleifismitube 'Oita of lIIVININIsi%v 11 'eh, (lairs. pada* teethe pasting 01 the Act. by which th• Re ark** was tionlintoed and continued. ltsdaration Waefilld l 4a by the first 714 t, which received the Royal Aauu MEOW 14 OU May, 1797,• to the 940 i June following. Rim do rialkiL was continued until one month after the consmelleatilent di din succeeding Session ; and again, by the first Act of that Sessiclasl, until one month after the conclusion of the War, by a definitive Treaty of Peace. In 1802, the provisions of the Acts above referred to were sontinued is operation until the Ist March of the following year ; they were further coatinued =Visit works after the commence ment of the then next Session of Parliament, before which pe riod war having again broken out, they were continued until sit months after the ratification of a definitive Treaty of Peace. An Act which passed in the year 1814, continued the metric doa until the 25th March of the following year, when by an Act which reeked in the preamble, " that it was highly de- Arable, that the Bank of England shoul4 as soon as possible re tarn to the payment of its notes in cash , ' the further suspeusicin of cash payments was directed until the sth of July, 1816. In 1816 it was again continued till the stle July, 1818, the preamble of the Act reciting, " that it is highly desirable that the /Unit of England should, as soon as possible return to the payment of its notes in cash, but it is expedient possible„ the privi aims of the Acts imposing the result-don shall be further conti-' tined, in 1 amid' - -- - the Bank ' make such may appear . menu in cash period, and P ' . - ton sh The ,a 9 P pt efre f oth the pretipg . ReertielikeßOVlSliithe •61- tbli ;Walt of their tr.. Veld& was very liercittethimi obtheilthit if *war, there . peace to bore hoes a greased bereave train the "moth of Jul) 1813, tothe month of Octobers in the year 1817. During the intiteval between July, 18 HI, and Jay,.1817, the market price of ) gold did toot exceed N. 19si per 06 • The Exchanges with *1 Condense, for a very terleiderehle portion of that period, were ill favour of this empire; end the Bank took advantage of those sirentristances, * and mad/ grout Width to the amount of the j preelortsmetals in their !moo. The purchases metie by the Bank appear to have had no un. • favoueshie elletit on the price of Gold ; and there is reason •to believe, that it would have fallen to the Mint price had mit , tile Bank fixed the rate, at which they were willing to pur ' chase, It £5. Ille. id. per os. Hr. Golds:laid informed the. Committee, that " at that period there were no other buyers in, the market, at the price which was given by the Barth ; had„ ette there boa, they wodld have been supplied on the sane; if they. had wanted Gold." Being asked, whether, if thq had not been purchasers at £5. 18s. 6d. he believed * of Gold would have fallen to the Mint price, he aneireth-.- " I think it might after some time; but that is m atter of opi nion only." • in the year .1827, the Bank had a much larger amount of Cab and Bunion in their coffers, than they had been in poi.: session of at any former period since their eteigigter Treat the commencement of the year 1618, the e lke* eqy progranivell diminished. The diminutidn has taken place lit tionsequenee of engagements into which the Bank entered (in coeforinity with the power reserved to them by the original Restriction Act) in the months of November 1816, and April and September of the following year. to pay in the first and second instance Cash for an Notes issued prior to the 2st Ja.. unary, 1812, and tat January, 1816; and in the latter, to pay Cash for their Notes of ever, denomiuseion, dated,prior to the tst January, 181? . The total quantity of Gold Coin issued from the Bank, ist, consequence of the engagements thus entered into, and the coil eithance of the fractional payments under live pounds, anew by accounts before the House, to have amounted, betwerisitle list January, 1817, and the Ist January, 1819, to the sem of 21,596,236 in guineas and half guineas, trod In sovereigns and half sevethigns as it4 l / 2 459,725. • . Your Committee have ascertained, that subsequently to Vet January there bas been a further demand on the Bank fan Gold to the extent of about 1100,910. The total sum, there.: fore, whisk has been issued by the Bank since the cestrmenepf meat of the year 1817, has been about £6,756.000 ; and. -doubt can be eatertained that the coin thus drawsufrom .. Bank was demanded, not for the purposes of intereal a , line, but in order to realise a profit either on its sale as in this Country, or on its exportation. I Your Committee are confirmed in this conclusion, by tbs documents befogs the House ; from which it appears, that * sum issued-from the 9th of December, 1816, (when the Notes of the Bank became payable under the notice imbed in the pees ceding month, to July, 1817, amounted only to 438,020. Itlli though the Bank had become liable en the 2d of May of the latter year coley Cash for all their Notes of Xi and•re2 value, dated prior to the Ist of January, 1816. In July, 1817, the Foreign Exchanges became unfavourelne, mid have - continued so Since that period ; a profit has been 'realised em the exportation of Gold Coto, and the 'Batik liar' ' beet subject to a constant demand for Ceti in pelmet of ttsei► Notes.: - The fallowing mina from the evidence given by Mr. Ales. brig *midge purposee to Which a considerable portion of 'the Geld thus withdrawn from the avian of the Bat* hes been _.. - s—'.... Simintiikentr.bttiP Berert '44. the 51131`. ~~ " , 11 1 00111. - Tr - - SEvEN. h7NCF. ~ • , anneal of thiee.figeths' was ' in doer f. - oin this Country t. and this aeration ales onsdnned dating the prestnegiar, though the anrumf of the ingionudnu of this year has net been reported. 1 Yo ,Committee ere Satisfied that the Bank, in under- taking to their Notes in Cash, under the circumstances abovemsat d, acted from the best motives, and from a be lief that the measure Would wad to Iv:Witte the complete % resumption of Paymenti in Specie. Unfortunately k has had ; a contrary effect; the last of the three notices basing been eiveat..,-, at a period watts the Exchanges were unfavourable, when the price of Gold bad risen from Al. 18s. 6d. to £4.* per ounce; ( • and at a time when the Bank had not (according to the evidence given by Mr. Harman) that controul over their issues, which: might have enabled them tii counteract the effect of the unfa vourable Exchange, by a reduction of their Paper currency. • .; There was, in fact, the half year between July and Decem ber, 1817, a considerable increase in the amount of Not*: issued by till Bank. The average amount oetstandieg is the four half years; preceding, bad not exceeded Es 6,771,914. Th e.: this half year it was increased to X0;210,035, staving been in the previous half year, P 27,339,768. It appears by the Re tinae, that on the sth of July, 1817, immediately preceding the payments of the Dividends, the amount cutstanding was X25,d00,000 ; and an the 4th of October, being a few days before the payment of thepividentis of that quarter, the amount was see 41000•00 0 . a Time issue of soovvelgoabetween Joie end I)lWeletilit• 2817. - demoted to £1,240,492 ;so that had the sovereign. iessuiiied • tirctdatiob, there would, hare been an increase to .the cin . medihnt issued by the Balk of England in the • of that half year, compared with the average amount outstanding in the four half years preceding, to the -..xtent of 43.678,545. Year Committee cannot avoid expressing an opinion, that Whoteser might be the policy, and - Fovrever laudable the in tentions of the Bank, in engaging to make partial issues of Coin in payment of their Notes, yet when the- Exchanges be came unfavourable, and the price of Gold ruse above the Oat •• , the only mode by which they could have retained. the • in circulation would have been a contraction of their is seen and unless the Bank at that period „possessed such a con- ~.; over the amount of those issues, as would have enabled , this to effect that object, your Committee must consider it to have been inexpedient, in the then state of the Exchanges, tone/intake an extensive, though partial issue of Coin, which subjected the Bank to considerable loss, and a great dram • • of treasure.. . . Under these impressions, and from a firm convictiell4oBB the continued issue of Coin from the Bank, by diminishing the ' •••• amount of their Treasure, would have the effect of popernipii . the period at which the termination of the liestrictiol MOW . place, without producing on the other hand any advice/Opt 1 whatever to the Country, Mato the Exchanges awl thelisilda Gold are in their present state, your Committee were badegeg., eli to recommend to the House, in their first Repast, th e diate enactment of a Law to suspend all payments is - • by the Bank, until your Committee might be enabliel to sent to the House their view of the whale subject which Ea been referred to their consideration. In - eamA,lllolMisOe Amonee of the Debt dtie by -. England, - 11, enters Creditors, which not having Man claimed, has bees .cndrawn fosse the Bank, and applied to the Public Service s under the provisions i g Acts of the Ifigialature•passed in the years 1791, 1108, and 1816. It is not therefore an advane• from the Funds of the Bank, but it is the property of tSe Pub lic Creditors, which has been made available for Pubic pro- poses, until demanded by them. It will be seen from the Account; that a peat pmportion of the Advances of the Bank are at present made under the two heads of " Exchequer Pills issued," and ." Exchequer Bills, purchased ;" and before the Cbmusittee point out the distinction between those heads of, the Account. they will shortly adpert to the Laws which have been, pegged aincp Abe institution of the Bank for the regulation of their advances to Government. , ()n the original establishment of the Bank bytke•Stb ausillth William and .Mary, a penalty is imposed upon the Directors, if • they purchase, on account of the Corporation, any Cronnlands, or if they advance to his Majesty any sum of money, by way of loan or anticipation on any branch of j the public revenue, miter than on such funds only on which a credit of loan is or Abe granted by Parliament. Suck credits have ever since %sten granted from time to time, and advances made upon them. The amount annually, from the year 1777 to 1792, extracted from the documents published in the Iteport of the CoUrmittee of Secrecy of 1797, will be found in the Appendix. In the year 1795 an Act was passed; protecting the Governor and-Company of the limit of England from - Any penaity,.on account of their basin advanced, or advancing In future, nay sums of money in payment of bills of exchange accepted by the Lords of the Treasury, and made payable at the Bank, blit nut charged on any branch of tin, revenue. The motives for pas sing this Act are fully detailed in the evidence given by Mr. Bo aanquet, then a Director of the Bank, to the Cionnsttee of Se crecy in the year 1797. He states; " that it bad been the cus tom of the Bank, time out of mind, to advance, for the amount of such Treasury Mils of Exchange 413 wen directed fer pay meat to the Back, undl tie amount varealmsat twenty Sc thirty ,themaind pounds, whew Me TreasUrriumalig ado orders for the amount of such adv:.nce ' to be set off ftem.che respective t.:- counts to-whlch the lulls properly be!onr;d: Iti . the . Auteric.:n war, they had been permitted to run to a largerashowit, bet he believed they exceeded £150,000. • ithisbiatiectirred to Mgt, when Governor, whether the penalties of the itct of Wit- Ilamend Mary did not extend to this transaction; and for the putpart- of removing them, the Act of 1795 was introduced and *toed." It appeal; to have been originally proposed, tbat the DA titOuld be emposiered 40 advance, to a limited amount of aSl3OOO4e £100,000.; but the Act passed without any limi tation vits operation beinrof course confined tottdrances upon Treasury BIM of Eichange, on which species of ,security, how ever, no Vices appearto have been mane since the restriction. , - !If ad' which .passed were shortly 'Rev the .first Besuie inns& don Act, the Bonk Were prohibited fro*: iug etre loan or advance on account of the publiciservice, *tug the cantina ,,ance of the Itestriction ; but :. t the co at , of the fol lorving Seidel it was enacted, " :hat the maynake an WA-ante en f crecfit of /hides -.ln blislt, - ifigeterhaland l'uz iiri pot4ed.thiMi Sessism; and' any other advaneestibteit stay be 'outborined by any Other Acts whin' nay be posts! during the continuance of the restriction." .• i • . livilmost all the Acts arthorialng the • ion& of • Exchegtocr Bibs passed subsetnientin a •speill clauveLfics teen introduced, esispowerirg the Bank to idianze the Whole vw a portico of the ainouhl sptcif*liritlie Att. 'Pbejeturdi sedates any sum be finitl tliCauto4nt to'whkli tbey it+ figuittd Write several Acts nor base the bills issue/No them and the tills pluchited by . them, to-t•fhei• exciedeil that arosont. - . . ' • Thirliltbi3Orlbed dil 4 elgotten," tire those which passdifrectly ,' to dig i3auli fituithe ,Faclecluer tamlia Vecist vpiraub of order to afford time to the Directon of the Bank to ti preparations as to Abair discretion and, experience ar most expedient for ,IR•Pilt them to =Mime pay- cash without public leconvesience. and at the earliest td that a time should Bat flied at which tie said result- cease." . e of which passed La tip last Fees* so l d fter reciting that desirable that the Bab ' should as soon !intern to the payment of its non', hi. cash, and that peen citia:arnsicts which save .oaciarred since the 4 the lapt Act coldietthig , be r thegri fn , have raw edian that the' Wad; fpthmrtb t it eo n& at another period shnid itiOtbe tenniztatios directed that the suspension dritakt *main in force -0 by the Public to the Bank of *England, the Report enters into the following details The necessity of the repayment 'of a large portio n of that Debt has been to outwit/Ye insisted on by.dip and, tho volute and extent of the couulaion hewer* thg.Gpverrment and"the Bank, involves su many important caiWilions, Bin your Committee deem it incumbent upon dams& musk MO sons with ,respect tiK • ot a i tr iplar the advances made Y the Baal co the *EC the elect. they havfe. whin caw:WIN &bp ame i Thl 144 t tlet=es i l i te ;WA? continual tes, iS the etweenitnes. of . C Aorr• * iriceteit In the to the Report will be nd i of the Amount of 'Adiapees nsadieby theAgeok of to GoTtlrootet w EzOwtaet /141 P and c ir 844111 =1$ 1 ° the year 1792 to tie latest period to whici cat' toe . The first items* this Account, entitled; 4 4te Adenomas. of Sums issued for the pernent of Dividend*, row .saieugtioll to the sum of 41,0011,8KO.inght not, itt tkll-orbig‘tnt ei.yopr Committee, Mite Epatidered as any -opcoribe, Debt_clye by the Governmeato the Baal. It hum MOE/ mi&anf lodged by Government at the Bank for payment of Diitiende to Public Creditors, which not having been claimed, has bees - . 7 . -.. .w„-- :...-r a ti''~. 1 bA,‘,