Star. — London, England, 1818-04-21 00:00:00

gtock into Iris h ter, with prgc:ely the came lit- ; act.sacrifice o f one-seventh of the . ion inal capital. e w tac t, only making a SaaCri was much confirmed in his H p i n ion p i n ionby the favourable r esults that had occurred. i t bad been acted on to the amount of about half a pillion in the last autumn ; the Subscribers having o ly the option of being paid with . interest a Dublin d had of London, for the sacrifice they had ma hai e f . ie had thought, therefore, that a ree an a Sock would be acceptable in London. In the no ' given to the Bank it was only held . out, that the subse ib er s had the option of paying at certain pe riods, different from Those in the _ . former notice,_ for el pur pose of raising a part of the o . supply the rar ; t h er efore it was propos ed to give the parties the o ption of funding E xche q uer Bills to the extent If double the amount of the transfer of their Stock. ...To dsew bow favourably this plan had been re keyed, he could assure the Committee, that . in the first three days, 6,000,000/. had been subscribed ; that the opportunity was given them of increasing hequer mueßilhl s to their subscnptions , and ft,nding the amount of 27,000,0001. 1 his Exc was so ap proved of, that nearly the whole sum ,had been ' r aised. The effect would be, to create a three and a half per cent. Stock to the amount of 27,272,0001. and a three per cent. Stock given as a compensation for Exchequer Bills, to the amount of 34,900,000/. from which was to be deducted the amount of the Bills; so that the real amount of the three per cents. would be 7 or 8,000,0001. and the total sum funded three and a half. TO the three per cent. Stock . be extended the privilege of a transfer to the Ir' three and a half per cents. which he .believed wete now at about 93, being a full comparative propor tion to the English three per cent. The total amount, of the Stock to be c reated was 3i,999,000/. g R7;4'2,008 4 in the 31, per cents. and the remainder athe 3 per cents. 'use total amount of interest would be in the S per cents. 1,047,207/. the differ ence between the S and Si percents. would be136,3t6/. making, a total charge of interest oT 1,183,1354 — Toe combined rate of interest received by the pro rear would be on the whole operation of the Bills and subscriptions in mosey 91. 18s. 2id. a rate ex ece.r.gly low, compared with the magnitude of the treeaction. On the new 3 per cents. created, a Sink ing Fund arose, which was calculated, in the Act of 1513, of one per cent. and had a charge of 431,4121. The total charge on tie whole operation was 1,625,0001. so that, compared with many for mer transactions of this kind s the difference appeared striking indeed. It was about the same distance of, time atter the American war, that Mr. Pitt, in 1785, fanded the Exchequer Bills ; but he funded them in the 5 per cents. But the actual price of the three per cents. was then .56 or 67, and he only made a bargain for 10,000,0001. while we had actually con cluded one for 30,000,000/. at 78 or 79. We had adoebtedly been able to do this from the high opi um of the Sinking Pond. Its applica tin enabled Government tojrommand in a.great de- ET, the operations of the money market, and of which advantage he had already stated his hopes to the House. He was aware of one circumstance, btu it made no material erect en the transactioa. There ea an option left to the Subscribers whether they scald or not accept the offer of funding Exchequer Mils; but he believed this to be the most effectual mode, and he never recollected a loan being con tacted for, in which the contracting parties shrunk from doing their utmost to carry the arrangement ino effect, or concluding the optional part of it. It ey remained for him to state the means by which this additional charge remained to be defrayed. It 1 , weld be remembered, that when the plan of 1813' festive to the interest of the Sinking Fund was laid before the House, he 'mentioned the pro'. riety of keying a Reserved Fund of ninety millions for future interests, and of which about eighty-four millions had already been advertised in the Gazette—(hear.) Re should not recommend materially to reduce the Stock in the hands of the Commissioners ; but he only wished to shew that we were not driven to the necessity of imposing any new burdens on the people, for meeting the charge of the present year. This yds, however, an anticipation of the question that heel been put to him as to the mode in which the charge was to be provided for ; and he had answered it by pointing out the source from which it would be &ma. The following summary would give a clear ides of the comparative amount of the Supplies and ways and Means of the present, as congested with thee of the last year, to all the items of which he had alluded in the course of his b • o servattons Canted for SUPPLIES—taIe. s,sts,srs Army, exclusive of Troops in France 21t.,470,000 ;594322 Np.,y - . 6,4..46,600 4 70 , 6 96 Ordnance - 1;245,600 1 , 7 95,000 Illsceilancoas - . zo,ooo 1 t0,074,091 Total SuTpllea - - 2 „ . Inutrvt on FachequerßillaXZ,ooo,ooo Sinking Tund on ditto 560,000 18,392,400 2,160,000 22,3".4,091 20,952,400 EXTRAORDTNARY PAYMENTS. Fortifications lo the Ne therlands - A 725,681 11 3 (No provision is intended to be made for this sum, sebicla is to be defray. 4 out of the pecuniary Indemnities payable by France.] =llTreaty - - ene) , of Ways and Means, 1817 259,06 be eaten three ant now at a toll to tt of the St the 3 would I* race Ig' rul i ng The com ram* and subs t ea!".. - 41 trusac erg Fury. 1513, 431,11'21 was 1,6'4 rev Liar striking time atti fended t tbe 5 pe 1 per mg ▪ bargain • chided endoebi • eni • tin ens th • ;he Ho; • k made vas an rrald • ; mode, tame front ; km el r tits ad scald tie& keom L-ving inner t lad 21 rle Ile sh Stock S ys wen It for n Lal wu bad b Ist i charg at it by so deny! ar- idea ons war ion hoe sac- I h a d nce Gr a y ar.) u tre je,l ten 2,s itch 1,7 iple per 2 ,2 Per rery sr.lll ee,3 rice, ten ; aS Pe r ent •12 at arm Line e ar is 0!. ,000 ng 1 • tsv ' co the !A s t upp ' tb 3 / • 1. 1 1 • e 5 ' • 659,586 By repayment of unfunded Debt 15,932,062 617,544,148 WATS An) MEANS. 15 403,000 Annual Duties - - 4E3,000,000 3,500,000 250,000 250,000 Excise Duties, continued - - - t 30,000 Lottery 400 ,000 Old Stores I A O AO Arrears of Property Tax received and not appropriated, or to be received before the sth April, 1819 - Nicaey remaining at the disposition of Parliament, in respect of sums paid into the Exchequer, by the Com missioners for the Management of Commercial Exchequer Bills Snb•:ription Loin - 3,000,000 E.:chequer funded C 1,272,700 7,271,44$ 30,47,'100 A ,544.14$ ght Ilon. Gentl e m a n the n proc ee d e d 37 to con- Mate the Home on the very graciiyin improve -4)4 L; the principal bra:l4es of the revalue. It would be seen, when the accounts should be produ ced of the different branches of the Excises in the last year, as compared with the present, that in a revenue of 4,800,0001. there had been in the last quarter an improveinent of 515,0001. or More than ten per cent. on the whole amount of the Excise. A great improvement had taken place in the Excise I.3uties. In the present quarter there was an excess of 121,000/. over the corresponding quarter of the last year. This alone he considered sufficient to cover the difference between the suns received for War duties in the last year, and that which he calculated upon as their produce in this. One circumstance he might refer to, from which a fair judgment might be formed of the improvement likely to take place in this branch of the revenue. A bonus had been offer ed to those who paid the duties on Sugar before the .sth January, 1818, and a considerable sum was paid into the Exchequer by the time specified. Notwith standing this, the produce of the present quarter ex ceeded that of the corresponding quarter, in 1817, by five or 600,0001. When this increase in the Cus toms was found to have taken place under such cir cumstances, it would be seen the improvement in the present quarter would have been very considerable, if the duties had not been anticipated. Looking for ward to the produce of the present year, he could not but calculate that the revenue arising from its navigation and internal industry would be such as to give a considerable surplus on the Consolidated Fund. For the charges thrown on the Consolidated Fund this year, he should propose no new taxes. lit would at All events abstain from doing so till next year, and in the interim he hoped the circumstances of the year, or the consequences of the great measure now, submitted to the House, would furnish the means of providing for them in a manner the most satisfactory to the Public. He then moved his first Resolution. Mr. BROUGHAM had several observations to offer on the plan of the Right Honourable Gentle. man, though now having heard it for the first time, from the multiplicity of its details, he could not pre tend to follow the Chanceller of the Exchequer through the whole of his statement. It appeared to him that. the Right Honourable Gentleman had, in many instances, attempted to conceal from the Com mittee the real substance of his plan, which he (and the Right Honourable Gentleman would correct him if he were wrong) took to be this : There was, it should seem, a aear deficit in the revenue to the amount of 14,000,0001. which was to be made up in some way or other, by borrowing—by raising new loans. In this way, by creating a new stock of 3i per Cent. or Three per Cent. no matter what, the 14,000,000/. wanted was to be obtained, and the ijk• terest on this sum was to become a charge on the Sinking Fund. Such was the result or the upshot, of the whole. Now this was the measure so be're. sorted to two or three years after the conclusion of a Peace, and this was expected to call forth their con gratulations, but he, for his pul l could not see that there was any thing very flattering in it. The Right Ilonoura'ile Gentleman hoped the situation of the country would improve in another year; and this hope seemed to be founded on the excess of revenue which had occurred in one single quarter. Whether ; or not this was likely to take place, when it was seen, that after three years of peace we were still so far from being able to make our revenue meet our ex penditure, that there was a deficit of 14,000,0001. which was to be met by the old war means, namely, a loan, the charge of which tnuld not be met by the old war means, as these were dried up, but was to be thrown on the Sinking Fund ; he, for one, till he heard something I 1 t 1 ;, ,, on the subject, deemed it wise and prudent to withhold his congratulations on the present flourishing state of the country.— With the same feeling he must withhold his felicita tions on the advantages calculated upon from the new fund to be established of . , per :tent. sLut.ic Anis ne considered as a sort of half-way house, preparatory to the red uc ti on'of the interest on the four and five per Cent. Stock. What the advantages might be which were hence to be derived, he could not easily con ceive. If a man had stock, on w hich he received five per cent. he should conceive that if lie were to make an exchange he would rather receive four per cent. than Si per cent. but the Right Honourable Gentle , man was of a different opinion, and declared a man thus circumstanced would give the preference to the 1 4 per Cent. Stock, because he would have a sort of confidence that that would go no lower, while he I might apprehend the four per Cents. would be re duced. The argument might be a sound one ; but for himself, if he had had the good fortune to possess any five per Cent. Stock, and had been asked whether he would exchange it for the four per Cents. in the 3i per. Cent Stock, he thought the Right HOn. Gentle-1 man's reasoning would be a great deal too metaphy- 1 sisal for him ; and if he apprehended any reduction of interest were to ta4place, he should prefer holding the four per Cents. to the Si per Cents. in the mean time, and, doing this, he should consider that he gained a half per cent..in every year that might pass before the Lontemplated change took place.— What confidence, however, could be placed in the three and a half per Cents. more than in the 4 per cents. The latter could not be lowered unless the price of Stocks should rise so high as to make it an object of importance to pay them off ; and, in this case, might not a holder of S and a half per Ca st. Stock ' expect to share the same fate? He could not see what should induce a nee to be given to , the 3 and a half per Cent. 114tock, nor what were the great benefits to be derived from its invention. There was one part of the statement of the Right Hon. Gentle man which hecould not suffer to pass without entering the earliest protest againseit : he alluded to the cir cumstance of his intending again to have recourse to a Lottery, to raise a paltry and contemptible sum. The Right Hon. Gentleman, when hard pressed on this subject by an Honourable Gentleman (the Mem ber for ~lWyorcestershire), had been unable to reply' to the arguments used against him, and had at length clung to the only subterfuge which remained, by ad mitting, that the Lottery was liable to the objections which lead been urged against it : he could not deny its immorality i he confessed that it had a pernicious tendency, but he added, he could not afford to give it up. It should thus seem the Government could not afford to do what their consciences told them they ought to do for the morals of the people.— Yet in the Budget now before them, while this prin ciple was still acted updo, it would be seen that 400,0001. was sacrificed in the cause of; justice and humanity abroad, while at home modality and con- 150,000 23,4411 science were trampled. under foot. bid be object to the sacrifice to which he had alluded ? No—the Chancellor of the Exchequer knew that he stood by him in this, and had defended the grant to abolish the Spanish Slave Trade, as a proper one, against Gen tlemen on that (the Opposition) side of the House, who had objected to it. That sum had been so ap propriated on higher grounds, than on those of Finance; but, on the.same principle that he approved of that, he felt himself calle3 upon to oppose the proposition for a new Lottery. There was gross in consistency in the conduct of those who approved of .both. He could not help offering these desuhory observations on the present occasion. Others would enforce the same arguments with more effect ; but he had wished that the first that spoke should oppose a new Lottery. Mr. GRENFELL disapprOved of the bargain made by the Chancellor of the Exchequer, (and this be had taken an opportunity of previously stating to the Right Honourable Gentleman) as extravagant and injurious to the country. The Right Honour able Gentleman had raised a loan at an interest of 4* per cent. when he might have procured one on more favourable terms. He had raised 3,000,000 1 . for 'Which he gave an annuity which cost the contractors but 661. and he funded his Exchequer Bilk at 791. — The Right Hon. Gentleman thus made a sacrifice of 131. on 661 which was nearly at the rate of 20 per cent. and thus on the three millions there was a loss advantage] 4 might of 690,0001. He objected , to this, as the expected from it was only contingent, and never be realized. The plan of the Exchequer seemei to be founded on the prospective, and surely he might say the doubtful prospect, of being able, at the end of ten years, to induce the holding of the 3i per cent. stock, to take 3 per cent. for their money. '1 hi; could nut be effected unless the price of Stocks should sise very high. The option given to the.arties with whom this bargain had been Made to fund Exche quer Bills now, or to 'wait to do so till the `lci of * May, he thought imprenridently conceded. The ad; vantages thus given to them were incalculable. If Socks should rise, they would then fund their Ex chequer Bills ; but if they should fall to 79, for in stance, they would then make their bow, and have Clothing to do with his Exchequer Bills or with him. The Right Honout able Gentleman had said, that he never knew an instance of the parties to such a bar gain drawing back when the time arrived for making it good ; but he (Mr.Grenfell) contended there would be nothing dishonourable in their doing so, when the option was thus formally secured to them. Mr. MABERLY considered The bargain to to highly advantageous to the public, and disadvanta geous to the contractors. He admitted that Excite- Auer Bills were funded at 79, and that the parties, availing themselves of the option given to them, might draw back on the 2d of May, if the Funds should fall. This part of the bargain he thought bad. The Right. Hon. Gentleman had not told the House, in his state ment, what was the amount of the deficit in the Con solidated Fond in the present year. Ile could wish to know how that matter stood. The CHANCELLOR of the EXCHEQUER said, it was obvious, supposing the Exchequer Bills next year outstanding, did not amount to more than forty millions, the deficiency of two millions of last year would, in a great measure, be met by the resources . falling in. In respect of the 3i per Cent. Fund, it ap proached so near to the lowest rate of interest, that it was hardly possible to conceive it would be depre-, dated. As to the observation made respecting op - 1 tional engagements, he hardly ever knew one of that nature waived. Supposing a fall of the Funds, and '27 millions was convettcd into the S per Cent. he saw no grounds for alarm; for if the subscribers were to decline, he had plans in conlemplatiou which would remedy any inconvenience which might ensue. Mr. F. LEiVIS , did tit t see the bargain in that advantageous point of view in which Gove.nment viewed it. He thought the old mode of bor.-owing would have been the be't to adopt. The present Loan was certainly a close one; He would maintain that it was impossible .to reduce the 5 and 4 per Cents. to Si per Cent. until the 9 per Cents. were at the price of 90 in the Markets. It wat quite delusive to suppose so. With respect to the application of the Sinking Fund, if the Stock were diverted from its original destination, the operation on that Fundy would be greatly to its disadvantage. The interest of the three millions borrowed was at the rate of 41. 10s. ; and if a further sum were to be adtkl to the debt at the rate of 31. 10s. it was useless to talk of applying the Sinking Fund to the purposes for which it was intended: it would, in fact, be a mere nominal machine. Mr. HART DAVIS defended the plan of the Chancellor of the Exchequer. The 3i per Cents. had not yet found their relative value in the market, but he was of opinion the value would soon be found, and be seen to be advantageous. Mr. SHAW asked a question relating to the pur chases of the Commissioners for the Redemption of the National Debt, and the Stock in which their pur chases would hereafter be made. The CHANCELLOR of the EXCHEQUER could not answer this question without anticipating the sense of the Public as to the character of the new Stock to be created. All he could say was, it would be the duty of the Commissioners to pulchase in that Stock which should be the cheapest. Sir JOHN NEWPORT, as the three and a half, per cent. now to he created, was not to lie redeemed for ten years nor the interest reduced, wished to know it all the three and a half per Cents. to be thereafter created was to be secured in the same way. If this were not to be done, he desired to know where the lir.e was to be drawn, and whether one part of the three and a half per Cent. Stock were to be regulated one way, while the other parts of the same Stock were subjected to different rules. He thought there would be a marked distinction made between the Stock now to be created and that which was saleable at any hour; and he was of opinion it would be no easy task to brine it up to its full nominal value. Mr. HUSKISSON said, that during ten years one per cent. would be given towards the redemption ; but there was no pledge beyond the one per cent. The Right Honourable Gentleman could not coincide in the opinion of the Honourable Gentleman, that. the Loan was a close one, for it was open to every person who could command 2000/. He defended the arrangements made, as being beneficial to the Public. lie alwn,s was of opinion, that it was bet ter to borrow ib the Funds bearing a larger rate of Interest. The AMOdd Of the int`tv.iteci chA:ge Wet only 19,0001. a year by borrowing on this Fund.—.. The race establishment, its respect to revenue, Wits nct yet perfectly settled, and therefore it was not correct to say 'the application of the Sinking Pond was of no avail. It would be available for all the purposes for which it was created When the peace establishment was complete. He wished it to be understood, thit if the terms were disadvantageous to the Public his Honour able Friend was not cone pellet' to abide by the regulations, because, as his Right Hopourable Friend had seated, he had, in case of necessity, other plans In view. Mr. J. I'. GRANT 'observed, that from the state• menu made, -it would appear that the Sinking Fend wasarge, in point of comparison with the debt created. The saving to the Sinking Fund was there• fore in proportion. In his opinion, no advantage could accrue from keeping down a nominal capital. He wished the Committee to look at the relative situation as between the Income and the Expendi.; tore; and observed. that the saving in the next year would not tore opt as the Right Honourable Gentle.. man was led to expect, because the Income was not competent to meet the Expeaditure. The House ought to dtsire of the Right Honourable Gentleman now to state those plans of which he talked. Mr. C.G R ANT defended the conduct of Ministers in the application of the Sinking Fttnd; and main tained, Ora the additional charge on the Public was not more than 600,0001. M. LYTTLETON said, he could not permit ;tie question to •go to the vete without remindirg the Right Hon. Gcetleman of one item in his budget ; namely, the Lottery--(lteer, Azar.) He could not retrain from saying a feat words as to the inconsis rene! of the Right Hon. Gentleman on this subject. It was very strange, that while • the Right Hoactur. able Gentleman was voting 1,000,0001. to build Churches, he should, by the Lottery sycent, belt' fact opening gaming houses all over the kingdotn.—(hPar, hear, hear.) The Right Hon. Gentleman had de. scribed hitt:self very grbud..l.aro , .:redly as a 4w-dead sinner= nun expression which could not have been app plied to him with decorum by any other persott ; but he could not heir thinking that the Right Hon. Gentleman would be more accurately described as a soft saint—(hear, heno —a mart who was • tate` thii%6 but a rigorous saint or moralist, and who bent his morality to the conveniences of his policy—(hear.)— The part of the plan to which he alluded•was tntary at variance with morality and religion—and if nu one more able came forward, he should feel itifs duty to submit a motion on the subject. Mr. GRENFELL wished to know, if the . S per cents. were at 80, and the Si per cents. at 91, whe ther the Right Ilonourable Gentleman, as a Com missioner, would think it more desirable to purchase in the former or latter stock? The CHANCELLOR of the EXCHEQUER 11161, he should certainly - advise them to purchase us the latter for this and the next year ; but not to convert the whole of the stock into that fund. GRENFELL noticed a charge of 20d, rwr 100/. made by the Bank for receiving deposits on the Loans, and asked& whether this charge was now to be persevered in ? • The C} L of the EXCHEQUER re plied in the affirmative. Mr. GRENFELL said he should oppose such charge. The Resolutions were agreed to, end the Report was' ordered to be received to-morrow. *Ni 11 1 , , 1 . 1 1 WSI I i '..f J...,.. \ - . - stl . t 1 . ! not i ' i „ 'und •,11; ! i • the • eat e ~ 1 •be 1 ' , i coin :on). ~ • 1 ' 1 ; his , . f case Ii , • ~ 4 t 1 . tat& • 1 ° I' tendl ' debt t:' I :1 sere. . t stage . -4 i 1 )ital. .. 1 is I 1 ative i Mdi.; -I 1. year . • ~ I .ntl& II ; l . . • I i I s not louse :man tit 0 l 4 • , ..i ( 1.,/ . . • isters i ,I k rein- : rt al 0 1 't . • , t Itis, O• 1 ). 1 g the 4.. if„;et ; • i r, , ~ ,t, / 4 1 1 I not ' . 4 1 „ oasis- I -I 1g I • bject. I i• • I 11.011f- build - I • I • n fact . , 1 3.. (hear, I de. :. . . , • dead N It ap. ' rsort ; lion. e• I i, d as a SU has .. nt• al7r if Ito I t. 1 it - Vii S per 1 , ti i whet. , ~ I Cont rchase ' • in the. ! • craven • 1 .. . 141. per • .m the now to • . i . Eli re.. t i . • , charge. - c Report '. I , 1 • 1 • ill, wits to • ~' ,!. 1 i,, : Parish . I : I .1 ~ giving if , i I vote in inhabi. I • I ' exempi :'. f :t to the il the Bill f ri .auses, in i t'• 1 .. ✓ED, &C. . made in i 4 1 ,1 , to be re. ,• . • :he Poor .• t 1 :he Meet- . 1 1 1 II public- Ir. Et ta. tssle, Mr. I t JRST. It .l , t lice, that • a Bill to 1 . of Battle. i , 1 t •cl of, and 1 4 11 4R. . r te , ur Paper, he be Auk.. of . Paw ; such a gat house in . 1 '' 1 Rot St AP. f 1 ' eceive your ityle of vie. Ore of WcL , - t Lcr,l enn,.. l I will', my I 4, ito,errain of from your prejudko of rthy of bitch t :dune trio ' I IMICTA ?GU 4 i i Etilliajl 1 i' 3. Ire.est most Ile licro of lculoitsly Mr i i n.irti in hie f In of his re- , [awn to the • he Is eentir • • I pommies, . stet i till as nor ge44, Is 104 naives !t . '.. , e the prize. 1 is theme are i i whole being st lumituri in him . ..t, ~. ‘ . tbe * * ;,..c. ' ) MISCELLANIES. The Offenders' Rewards on Conviction Bill, wes postponed till Monday. The House went into a Committee on the Parish Vestries' Bill. M. Alderman WOOD opposed the clause giving a power to certain individuals to legislate and vote in vestry to the exclusion of the whole of the inhabi. tants. He wished the City of London to be exempt from the operation of this Bill. Mr. BOURNE said, the objection in respect to the cliuse, would operate to the extinctios. of the Bill altogether. Some conversation arose on the different clauses, in which Mr. ELLISON, Mr. SUMNER., Mr. THFED, took a palt, but no material alteration was made in any of the clauses. The Report was ordered to be re ceived to-morrow. The House went into a Committee on the Poor Laws Amendment Bill. Mr. gIISINEE moved an amendment, that the meet ings of Select Vestries should not be held in public, houses.—Tbis motion was supported by Mr. Et Lt. sox, Mr. BOVENE, Sir T. BARINO J Mr. F. LEWIS, Jr, THOMPSON &c. and opposed by Mr. BATHURST. It was carried. The Report was received. [ The ATTORNEY-GENERAL gave notice, that • te would shortly move for leave to bring in a Bill to repeal the ancient Law relative to the Wagerof Battle. The other Orders of the Day were disposed of; and I : the House adjourned at Eleven o'Clock. TO THE EDITOR OF THE STAR. shall feel obliged by your correcting an error in your Paper, whirls you state that the dinner given to his Grace the DLks: Wellington on St. Patrick's Day was at the Cadma.pfak: ; such statement must bare imen sent by the friends of that house order to injure the Proprietor of the Hotel Afewire, Myr a. tore, No. 32.3, and lime de iYwdli, No. 24, (and to deceive yot Readers) at hkh place it was actually served hi a style of el canoe that called forth the praises of his Grace the Duke of Ws lington. Hit Excellency the British Ambassador, Lent enft. ninzham, the President, fcc. in the name of the Society, errs therefore, Sir, on your known impartiality fur the insert.en the present article, as the former has been copied Irmo y et Paper taro several others, and may operate to the prejudic e 4 the only Hotel in Paris cap,ble of giving a dinner worthy of sue . an a: , iemblage of distinguished charaeti rs, and where alone trot English comfort and cleanliness are found. Paris, 13th April, tat9. Al IRISWAAM AND A srarta toe. BRIGHTON, OR VII STRYNR. 7 .—A Second Ediutit of this new Satirical Novel is just publjaied. This Tale Is chiefly a vehicle f r pourtraying the pres e nt m. conspicuous actors on the British Singe of !Me. The Ilero the book is a dissipated North r m. Nobleman, ridiculoUsly it tached to the frail part of stomata-kind, Ind unbounded in hie liberality to his countless favourites. The description of his - Untie, popularity, ambarraeuttetus and habits, is drawn to life in his frequelit Omni wto om Brighton, be Is con.. nually .orsulug a Lie nuns 'ha, who always eludes/his possession, and remains in myste bus and int r .ti, r a enlmet t till the baffled Nobleman, woo spares neither time, trouble, nor gold s i , wound up to :he utmost pitch of &patience, and almost reenivr to propose boniest - a:tic matrimony, in order to secure the viz ills Impatience, conjectures, and reflections upon this dime vastly dra,espeenlly as the Reader is aware of the whole belt a lima, merry contrived for the atoms:num tit the greet lurnit.or of Brighton and his purty. The Work almonds in het:, knowledge of the world, ail pi,u4io2.ly,aa4l'ezialica the Uabej to a pco 3vponorey ussranot un...iiris Novellas.