Star. — London, England, 1818-05-02 00:00:00

- . ... . - 5. a a ___ ___. - , __,_%„,..: . ‘,l7s. .,,„ ‘ ______ . . Franc loans? He Plr. Tierneyl did not observe even a singu ' sin fkorti diem that they 11 1 : dl illir They thought it their rity a duty in 1797 to state •taa tit' that such drains when were going on, and then were afraid their concern shoul would be endangered. Ilad any such repiewntations inflot been made to the Right Hon. Gentleman ? H e had what said in June last year, that : he was confident they paid 4 would be able to resume their payntsnts in this July; woul; • and to judge from their manner they appeared to the tl agree with him. They must therefore have agreed the 13 I 1 with him, or have beet - , laughing at him in their the r sleeves, for the moi:attrtus nonsense he had talked— the s {Laughter). Laughter ). But how happened it that they could tiller not agree with him now? He was consulted on the the i - k N 'Foreign Loan, and he knew that that Loan would takin Ifi • , not have been taken if he had said he thought it made •• would prove prejudicial to the interests of the coun- they try ; then they agreed with the Chancellor of the whic l i . .. Exchequer, that every reliance ought to be placed not t on the payments in cash taking place in July. The an it House would now see that they were driven to in- stool quire, in consequence of this, whether they were meat e J,• 1 really laughing at him ? To talk of their experience derst and discretion might be very well in the preamble ; was. • but it Would be no where else extolled, or thought need worth any thing. From tiffs preamble he thought tify I ~ ~ he could make out a case, if there were nothing else, its v: ... to chew that the House must institute some inquiry, clain t i 1 to'see what were the real grounds for the Bill. But gave in the course of the night, he would affirm, that if 78/- I t any Bank Director should speak on the question, he his I , would abjure the monstrous proposition that this wool measure originated will the Bank ; and they must here admit that the only check to their payments was the Ant)! Chancellor of the Exchequer, by means of the Act sub which he had brought forward. But it might be gold asked, what he (Mr. Tierney) would have said of the who Committee, were it to be granted? and this led him shou - 4, to the question of the -Foreign Loans, on which the only ; ; Right Hon. Gentleman relied for the support of the then . , House, to enable him to carry this important mea- mad ,1 sues. It was the Right Hon. Gentleman's opinion, upon I that. certain Merchants had shewn an inordinate dis- pike . ' position to invest money in the foreign funds ; and inter the rise in the price of gold having alarmed him, he whet wished the House not to pause, but to say that the The 1 1 Bank Restriction Act really must be continued one supt ' year more. Now, supposing this to be the fact, there in tt i ' , were a number of points to be argued, which could air c , only be settled -by the examination of persons corn- rem; potent to afford information on them, such as those .in a who were examined by the Bu,Uion Committee, and 'lest - the first one was the high price of gold. He should pelli . t abstain from any thing like abstruse discussion, wen because in the first place he felt his own incompe, won tency ; and secondly, because he was convinced that issue the last place for entertaining such discussions was a be t • popular assembly; he should, therefore, only state it b what were the points that ought to be examined.— way . , Were the whole House thoroughly convinced that the) i all that emanated from that Bullion Committee like . ought to be set aside, and that issues of paper have side nothing to do with the price of gold ?—( Cries 9) was No, no.)-13ist though they were charged with bar- Wir ing relied too much on one principle, yet these was ter 1 hardly onsintelligent man who would not admit, disc that an inordinate issue of paper must operate on the hem . price of gold. Then the object was to see how it suet operated, and to ascertain what was the amount of mat price above the mint price, which difference must was ' certainly be attributed to the issue of paper. The war Bank was said to be in possession of a very - large the a nount of gold bullion, mach indeed beyond any der . thing they have had before, and on this they bottom Bar t'ssir ability to pay : but the question was, whether in c or not the amount subtracted must add to the price as t ; of what remains? He would say that the issue of Sion • paper operates on the price of gold. Another point nest was, the difference between the silver currency of it. the new coinage and the gold. He only desired in- in f • formation, and was not pretending to know more met than he really did know. Now the difference be- was • mem the former and present state of the silver and fort l gold was this: the silver was 15 and a fraction to Bar one; now it is 14 and ,a fraction to one : in other one • words, the difference was 51. 18s. per cent. This thei Must enhance the price of gold ; for until silver on I ' . attain the price of ss. 6d. per ounce,.,it cannot be won 1i 1 5 expected; and therefore gold must take its place._ deli Something, therefore, most be attributed to the oil- thei ver. Thus, if all there three cases have operated cliff • • . 1 , on the price of gold, then would come the question in t r of what was the effect of the foreign loan ? for if it :lot mould appear that of that excess a large portion has 'loll nothing to do with the foreign loan, then it would met not be so frightful if it should appear that the said He loan only raised the price of gold ‘2s as if it had raised con ;) ; -it 4s- or ss. A great deal had been said with respect sure 1 to this ',ran. *The Right Hon. Gentleman spoke of it Cor i !‘i as if it was formidable because it was a loan ;—hut be t ff he had heard six months ago, that a., great number the: of merchants had thought proper to purchase into bou l - the Sareign funds, would he have come to the House met 4 , and have asked for the Restriction Act ? But if the• the remittances abroad were for the purpose of putt. the chasing into the Foreign Funds, we knew that our the: Government had interfered to protect the persons cur who had sem. their money abroad, so to invest it. It wit was precisely the same thing, whether the money was _the 1. • , for a loan, or fondle purchase of foreign stock. The tha alarm, therefore, was in a great measure of the Right Let - Hon. Gentleman's own creation. 11 he had raised Wa' the Stocks, aid lowered the interest of money. NVhat, lint 0 . therefore, could any man do better than to invest.his the 4 capital where he could get the most interest for it.— on • 11e had done so-himself, and had been a gainer hy it. C P" ! . Another question was, when was all this to end ?AR- wit b The Right Hon. Gentleman asked the House only to me pass this Act for another year, and then the payments ing i would certainly take place. But there was a mate- the -- - • rial distinction between a loan in this country aid in Pei •••• • ' France. Here the money was borrowed first, and cos • the amount sups prceeided for by Parliament. In 'ma France it wit directly the reverse. There they opi placed at the •Bispotal of the Minister of Finance a lea i • 5 certain portion of the renter, which he may sell at his Ht • 11 ..• ni c o nvenience. In Prance, if a million were to be ab: a raised, we should place a perpetual annuity of fifty me thousand pounds it the -Minister's hands, and leave pre r• . him to , get the million hose he could ; an d for his own yet es! • part, he doubted whether the French mode was not an r•.. the best. We were not to believe that in France the if i-., • payments were to be-made immediately : they were res `• , :.:', ]opt Auk as long as possible. Yet in the present the state of things, every thing seemed to Sourish in the 1 'Or . • . „ .. . 'ranee as far as related to finance ; and yet it was ingular that, while we talked of nothing but pro.pe isy at home, the Stocks should rise, and in krance, there they so loudly complained of advers ty, they should fall. But as to the French loan having any influence on our payments, how could this be? while `nit appeared in the shape of a loan would not be d for eight or nine months to come and then would come the Chancellor of the Exchequer, with third edition of his preamble, and say, he was sure Bank wanted still farther time. But what was real amount of these loans ? If he understood subject, the loan of this year for France might be called' ten millions sterling, and a further sum, for he indemnity of individuals, of about 20 millions, taking the value of the Stocks at about 63. This made the whole amount of the foreign loans altoge .her 30 millions. There was a very material point oes which he wished for information. Was he or was ha • to understand what might' liquidate the claim of individual by compelling him to accept French :k to the amount of his debt ? From the state• ment which had appeared in the Papers he did not un derstand whether it was so or not, but he thought it was. If in this he was right, the French Governineot need give the claimant no money. They might sa - Ins claim by giving what they chose to consider value in Stock. But supposing a man to have a im on the French Government for 1001. and they , e him 100/. in Stock, which might be valued at . and so :such beside as should enable him to sell I Stock for 1001. sterling, in that case the man would have the money to which he was entitled, and I here would arise one of the counteractions of the loan. Another question of great importance arose on this ")ject, as to whether the loan would he advanced in Id or in goods ? It was to be expected that those advanced it would remit it in such a manner as should be most convenient to themselves. It was only under certain circumstances that it could silt them to send gold. If such large remittances were made as the Chancellor of the Exchequer calculated upon, what would be the const-quence ? Why the nice of bullion would rise, and then it would he the merest of the parties to send goods, and thus the heel would go round, and the evil correct itself.— consequence of the state of things which he had posed, Gould be, that gold must return or remain' . this country, unless there was something in the of England that made it impossible for gold to rain in this country. In that which was urged as . argument in favour of the renewal of the 4ank Ilestnction Act, he could see good grounds for com pelling the Bank to. resume cash payments. If it were likely that gold in the present situation of things would be sent out of the country, let a large sum be issued from their coffers, and the effect of this would •to alter the exchanges. The Bank might then buy bad; again. There would be ne difbculty in the iy of their doing this, though the price at which ley must purchase it would he higher than they hiked to pay. But he called upon the House to con sider which of the two supposed inconveniencies -it vas for them in the discharge of their duty to prefer. 'as it better that England should lose her charac for good faith, or that the Bank Company should isgorge a part of their enormous gains ?—(Cries of ir, ham, hear).—Ought the country to submit to :h a disgrace to save a company of traders from making a sacrifice of part of their profits, when it was known that Company had never yet come for ward in one instance to do any thing for the good of country? He repeated it, the circumstances un which the House was called upon to renew the Bank Restriction Act, were such as to justify them • calling on the Bank to return to cash payments, the only loss that would be sustained on the occa sion must fall upon them, and they in common ho nesty ought to be ready to come forward to endure Supposing the Bank to have tea millions in gold .1 their coffers, and that by returning to cash pay ments they should sustain a loss of 1,000,0001. what was there in this that should induce the House to forbear to call upon them to pay in specie ? The Bank had gained, it was to be remembered, twenty one millions from the country by the circulation of their paper, yet the country was to be set -at nought the present occasion, because the Bank Directors would not lend themselves to any thing that would detract in the smallest degree from their profits. On these topics so many opinions were entertained by different individuals, that no man saw them exactly in the same light ; yet, on a question so intricate, the :louse were called upon to decide without any in -iry, and to pass the Bill before them on the state ments made by eh/Chancellor of the Exchequer.— thought it must be seen, that to take such a course would be most improper. Before the mea ture before them was decided upon, he hoped a mimittee would be granted, and whatever might the result of their inquiries, he was sure of this, )yr could not fail to do good. If through their la bours the Bank were compelled to resume cash pay ments, a great good would be accomplished, and if 'y should decide that it would be better to continue .e. restriction, the House might take his word for it, they would gain such an insight into the state of the. currency of the country, and every thing connected' -ith it, as would leave them no cause for regret that .4e inquiry-had been undertaken. He did not say that the Bank Company ought now to pay in cash. Let no man think, in voting for the motion which he vas about to make, that he would vote for compel g them to do so. All he contended for was, that sere were just grounds for going into a Committee . the subject, even on the Chancellor of the Excise- Tier's own she'ving. If the prescnt Bill were renewed without a previous inquiry, those who voted for it lust make up their minds to the Bank's net resum- ing cash payments at all. The measure cow before the House, though it was not proposed• to make it permanent, if passed year after year As a matter of course, would hereafter be annually brought in as a natter of course. He was the more led to form this )pinion from an answer which had been given to a learned and deeply lamented Friend of his (Mr. tiorner), whose loss he must always regret—whose absence he never more severely felt than at that :to :lent, When, in 1816, that Gentleman, on its being proposed to renew the Bank Restriction Act for two years, wished a shorter period to be named, he was answered—" No; if we say two years, it will look as we were in earnest, but if you say the Bade shall resume cash payments in one, nobody, will believe that you mean what you say." Now he begged of the House t , ) recollect the words of the Right lion. Gentleman, when he called upon them to renew it but for one year. If it were now passed-without in quiry, who could expect that in the next year there would be the same disposition In the 18319 Honor able Gentleman, in the Bank, or elsewhere, Ow cont 'nue that from which they derived so much profit? If they decided that the Bank should have another year allowed them to prepare for the resumption of cash payments, he hoped the Restriction Act would be renewed in a way that it had never been renewed in before—(Hear, hear, hear!) He hoped something would be done to make the Bank believe that they were in earnest. This had never been done yet, andi that was the truth of it. Make the Bank believe that they were in earnest, and though the return to cash payments were deferred to another year infinite good would result from the course pursued. He knew that. some persons were much alarmed at the idea of the Bank returning to cash payments.—He knew the horror Which some felt of the bare idea; what these would say—Are you aware of the conseqUences of that which you would ask ? Do you wish that we should never get our rents? Do you wish to create universal contusion and alarm, and pluneeThe nation in general bankruptcy ?—(hear, hear I) these alarms , wore natural, but he did not think them well foun ded. The. present system was in itself replete with evil: it encouraged all sorts of speculations—nothing was secure or solid—changes were continually taking place, and no man knew what was to come next.— While the Bank Restriction Act was thus likely to be ann many renewed, there would always be rumours afloat at the end of every.six months, that it would be renewed, or that it would not, and thus specula tion would be constantly kept alive. He considered the Chancellor of the Exeliequer himself to be a spe culator (he did not mean to use the word in an offen sive sense), but he lived on the system, all his dreams isvere of it, and on It must all hie financial arrange ments depend. 'At present the Bank note could not be converted intu cash, and thus the only true crite rion of the excess of paper thrown into circulation was last. The Bank Directors; however, could not believe a word of this. Their idea of this was, that all was right so lotig as they issued money on bills, and notes on good Exchequer hills. They had, in fact, a most confused notion of what a good cur rency was. They contended there was no fear of their acting improperly, since in all former times their conduct had been correct. The answer to this was, that till of law years they had had no opportu nity of acting improperly, while their notes were con vertible into cash at pleasure. This was the reason the public had no cause for complaint ; and that ar gument reminded him of the French Gentleman, who, wishing to know what was prose and what was verse, was astonished at finding he had been talking. prose all his life without knowing it.. It be seen what the discretion of the Bank Directors was, when it was known,. that, called ciri to prepare for the resumption of cash xay,melits, they had, in tht last year increased their issues of paper to 2,00,0061. - over and above what it had preiiousty been. Would any man be found in that House 'who cotild say the, Bank ought nut to be called onto accomit.frir thig' In reply to Mr. Horner, the Chancellor of the Fflf. chequer stated his criterion of the extent to which Bank notes should he issued. He had said-Las. The' . . circulation of a country ought to bear proportion tes its trade, revenue, and expenchttire.",--(Hear, hear.) This was his criterion in }Bll, And it•was.also that of the House since they had adopted-Ilse:VAlat Hon. Gentleman's Resolution. His object ACIS was to shew that Bank Notes were not depressed by the in,. creased issue which had taken place since 1797, and this the Right.Hon.fientleirran had undertaken to shew from the increase of trade arid sif!eVenue which had taken place betwestwihat year awl the year 1811. He (Mr. Tiernseyr would now make the statement founded enlis - own criterion, by compa ring the revenue and the issues of Bank Notes in the years ending January 5, 1817, and January 5, 1818. In the year 1816 (ending January 5, 1818) the ex ports and imports amounted to 81,000,0001. and some odd thousands. In the following year the amount was 87,000,6001. and odd. There was in. increase in the' latter year over the former of 5,747,0001. In 1816, the revenue was 57,00%0001. in 1817, 47,000,000/. some odd thousands. The Budget was, in 1816, 25,000,0001.; in 1817, it was 22,000,00 N. The Budget and revenue of the former year, together amounted to 82,000,0001 that of the latter year to 6$,000,(K)01. The Bank Notes out st..inding in the year 1816 amounted to 26,500,000/. In the following year they amounted to 28,200,0001. From this it appeared, that while there was a dimi nished demand for money, there was an increased issue of paper exceeding 2,000,0001. The Country Banks were then to be taken into consideration.— Their paper in circulation bad in 1816 been larger than it was for many years. Last year it had been very much increased, so that altogether it might be assumed there had been not less than 8,000,0001. thrown into the circulation of the country. Under stu.h circumstances, would any man say that inqUiry was not necessary? He then proceeded to notice the wand financial measure brought forward by the Chancellor of the Exchequer, which, though he had been induced to postpone, it appeared he was not disposed to abandon. He alluded to the Bill for re gulatir.q Country Bankers. This measure he strongly censured. and maintained that the inference drawn of the number of failures which had taken 'place from the number of licenses withdrawn was unfair. If sixty Country Bankers had failed since 1814, this was not astonishing at the close of so extraordinary a war; and he had no doubt thi.t in Landon the fai lures might be proVed to have been in the same pro- . portion—( Hear, hear.)--The measure intended to re strict the issue of small notes, he held to be intended merely to pave the way for a more extended circula tion of Government paper—(Hear, hear.)--Notes stamped as these were to be, would only be looked at to ascertain that they had the Government stamp. The idea of Ministers seemed to be, that since they had circulated so many notes for others, it might be as well that they should at lan circulate some for themselves. At present any. person who paid 301. for a license, might circulate Bank paper, provided he had the means of getting people to take it, and he (Mr. Tierney) was not prepared to say that a man should be prohibited from using his credit iti any i *ay he pleased. If the Bank would cordially lee 4 itself to prepare - for a gradual resumption of pay ' m;ents in sash, he did not believe those fatal elects , woutd telatit frOni the pi oposed change which sonic. anticipated. Here he (Mr. Tierney ground for apycinting a Committee line which the Bank ought to purse the public from inconvenience. P a Committee could be better empi quirks connected with this suhicc , raising the Funds so as to change tl into Three and a Half Stock, he übi, to the Stockholder. He thought i the Stocks by artificial means, tn,stu to rise through the general prosper lie complained of the Stocks ha' from '25 to 30 per cent. in the me months, to benefit, not the people, pitalists, who had money at cent vantage of the fluctuations of the the present system, he sheaved the bled to obtain great benefits, from trious and unsttspecting were exclu who had property to lose—every m: act on the principle of at. Engiid ciple of fair dealing, was bound u rid of the present system: The Act, it should be remembered, ha, passed on the plea of necessity, an, could still be made out, it ought D newed. The character of the coot for the attention of all Europe was finance, in ordiir to improve their peace. This wet the only country had not made one step towards theas--(Heer, hear.)--The course 1 suing, by putting off the evil day affected the honour of threountry, had dealings with it feel they had u who might never be able to pay wi currency of the country should be wished to make the - tresint systc passing the present BilT the end w attained. But this would be mcst was the 'restless state of man, that to be constantly preparing for w find us while yet our payments in sumed, it was not advancing too m was that day an end of the Briti hear, hear). Frar.ce, though said to 'seen rising in the storm: while our Exchequer was seen coming to Pat he confessed to be a complicated I a miserable 8,000,000/. and they w renew the Bank Restriction Act. Committee on this subject would t most important services. He did meddle with the iaternal affairs rd consider h , w they could most con cash payments, and when, and to portion of the foreign loans would country in gold, and how much and what would be the eiect of ti gold that might be sent out of the the expense of bringing it back. to -be inquired into, before they dispose of the present He col fqr a Select Committee to examine ipy, and what. necessity, for con ' 'Restriction Act • • The tHANCELiOR of the to state . bit re m oras foi . diestaniag lie Was ghed so ltud that * itigD hl4 rate Ont.)* ease on broad than dn'atithmetical caleulat circurnstiqest fek saueactionAlzat.since the Rig!' had given noticeii his motion, he ledge or - those transactions whirl %tut matters olcu§ecture ject of the Commmee. for.;whicl Gentleman so .would be to in. bible ell* of 41e.for}tip loans of in this country, and leo Tar .the 'Of golst Esc attributable 'so the. 4 kit*. The inbours- of such a Col • - aeePtCluetplicable as the tesul ansiilsfaitoty, and rather ere.rtis of doubts—Orear, hear, from the (ti The Bullibn Committee came to ingenious as tifeirinTtdry was, it I . result. The Right Ben. Gentle that because there was an excess last half year, there had been an I expense. He also tool the arm, and expenditure, as they appeare, counts already fur nished—thear Beucheq—but he omitted to inch tiun the internal and productive try—(hear, hear, h•arb. The country had within the last year six millions, and nothing was mot the unfortunate depression of tra, active and effective revival of it year. The issues of country bark creased last year ; but tLe increas , any artificial measure, but to the trade, and the consequent stir in The Right Hon. Gentleman had large treasure was accumulated in purpose could it be accumulated the resumption of cash paymer manner could they have procure by the issue of their notes in :I: for the necessary purchases ? The fore, that the high price of gold over issue of paper, was most cc 'the manner in which the Light man attempted to enforce his p - certainly some plausibility in to the 6 per cent. difference bet"'ec old and new silver coinage. lative to the price of phi en.l: , was then notorious that some 0 sought for, and the fact of the to military operations on the (o:.' -some light ou the subject. In .1:: of Bank paper was Y 1,600 0 0 01 gold was 54 101. per ounce. tssues were 26,300,000/. that is mire than at the preceding periot% Of gold; so far from rising: in p' cess of paper, was 41 , :•65. rid.rer 1817, a loan had been negotiate' amount-et 8,000,000/.• sterlinF. stock. There were now require , arms of 16.000,000 E of fr. rf'd€ 4 . fr..rattes; .besidwiwnother sam. w a total of 30,000,000!. sterling : stock. That iris Asa a I'rubsi !Or rn e p tcluio . ,... '.. d .l'l i%rmy. u rars•ecou t .ul o c i nchfd corh:::toltierilo:areb,uu_atbc ....... wallsito, jiti.luhree;:wl6_ljutliiit s-. . ' ";"" ,h em ht e. He h ew net t _ Wit ' a employed that is is ill uhjees. The at is Plan fi s ...so rune the Five Dar v.... ha o bjec ted ~- •-'.ot. 711 2. . ... sA s s . 'ls nal* * b it u nfair to site mitaad of l eos i e .. l. _ L; g dth i s tl: o n sV i.ltyitlsolir t f y u ~.,:sit- the. __anad(imen5t,,d30,,.....2...t..:,.,....,. 's hav in g b e ,,,,l w Th rltrr • : 811 'c'Ple. but the,,,,....W1en &II command tot ;`, ell. thi 4 . the market take 1 4 dal d th e a .... fai ' Cads from . ashi c h t h e ' in . er ,l ' a * Excluded. Every -- ,„., -us. : n gery 6 :tr 'cli d :untr7teeh y ;Sr t n2nanr o t ddß:'l kn.arewudnaoerrlAri unlessn t t ith ies-i - ellii : e4e:".:3l7--:ait.L4 1 :::; : .....: . int Per be W it ix( f .: on fie ards removin g :. s . .. 6-.. ab: Par 'c -.1.. ir , Into, Ind m a d e ai i u c. we tier, ay what s h e owed. f c " , &II Id be settled. If a l l s n' em Permanen; b, alb hal mcst dangerous. ;4,4 Pit mil fon its in cash w er e oct pre wh 0 L ü ß A i ri d rt t . ren ish H d E er e m % Pi rl - = r q , 4l: :, tint said to be hu:..b'e n al pat ire our Chartell,,i . s t i e iris to Parliament with . z tior ated scheme for Cell hey were called um ; for. for. di t e did not wish die n s ; per o airs of the Bank, b ut s si wh. it conveniently retinal the aid to inquire what ? " abl , would be sent out die , con stitch of them in gera, .of the Bank it:pp:lag issu of the ccuntt-y, and That (M! No ck. These pohposeseught exii they could sat..facterily ape k concladea, be i y,..... 4 c os amine whether there ea r continuing the kg pis ha VI.) the ESCHEWER toss Of I 'mist %. from die motion. it, . itigat Hon. Gentleman bar read and general priai. cur, I eulations, applicable to atit?ethcari.—lie is) per Right Non Crinuemaa Tar Cis, on, he had actual bow- the which were p re eirs 2 sly eve its mind. Tlmirst Gb• tur which the Eight Hat ! pul to inquire into the per est 4 ems on the price ..Igud al sc • .the excess in the pore furl the. excess in th.: pipet cap a Committee would te, wh e tesnk was likely to tx Th. native than getting rid the Oppo , i:iaa Beskier) , Cap gen se to a concituicia—ket cou as, it led m no radial tha saitlemah lad mime'. wit :cess of paper Jaring tin of I a an aggre4ate etces..i soil amount ct the avenue assn ',eared in the rulaic ae v ac rear jiver the Oppoiria me clude in his cicala- Col :tire trade of the COI& le flr:.o e trade of ix Ear .(J year increased Sic se the s more rem it:able is the I trade in 11.16, and the del of it in the foilevii the banks had certair4 it os crease ..- as net ca` ; 0 fina the revival of gents' coo it in the money rarlat of, had %TOT :id. thet a Tra elmill the Bank : ler ...kat ten :lated brat IP / If/I ire &I to i ymer.t ?—a::•! 1:: -....hz But icured i:it eve,•:re bat are in ti:v form of nyment c- , :, ' The a,,::mptioc, thee- dut geld was ceased k 7 is thn It cert,irly na:r:.'o:e .1 reli igl.t Ho....n.ra'le ti....—• Ein 111 potion. rem %co lal in the allrs;0-. .r.r.e.e:• :.lc ev-ecn C.!f . V-7 Ilt el i: Itii . i)•:! :1:s :I. :;t:inent II rat err.ix'v failed him. I: r it: me other canoe must •' r , ii Coe fore;En leans and t t:le (,_ or..!ent, :right thrc i of In June. :sl'r. the int: tics PAPOI. ait.l fie price ci riot :e. In ISIS. the 13 ,..4 :: Rig ,at is itemly S.OOOAAr but Period, and* yet the r:::. inn, is Properties te Cie c cio, • per onacc. In theyr?; Cie cuite.l in France, tl . : I iing, or 1'2,000.J0U . Pm squired col* raised, zr 'rd r , .te.s. and 400 0 . 0 lUr, sat. which amid Tr - ov a , iing, or 41,000, 0001. , th e "4-üblian lox As w : fa: