Star. — London, England, 1826-02-03 00:00:00

i r fi - • - • ;0" . , • i / PerC ~.. - $ ' o ' . / r • • . :- . - r - ....,- •-, s " •4.. • , I top Pit ' ' '* . b :.4• l / 4 4 (. ' I t 1 - , 7 • A F te L - ~,q 4 ~..:6:._ .. . ...; . f , 7 V .%. ' _ , r • • • W/ . f 6* - At, ::,,, •_ ip - - • • • . ' :.,:. :. .- • • • - -I , • , e ' ... .. . ......... .._ . , Ir l 4 ll •.• •••.--. •- • . '''' ' . .e • -- .. • ,- . ~- - •' ;, ",.. . ~. • • : - .:•• - , . . . .. •s"#‘ , 4 -, -' .\ .... (ct i r - I •:1 ...le .• :• 4 207"L'4 11 4 1 , 01166z...A0' . . air- • .... • , , ' t . Ilki li F ar .-- ".5. ,.,._ ••.' . •. _ 1 4;4 .• , 7 ...•_ , - J - FRIDAY, FEBRUARY 3, 1826. 1.2,1v7.] [PRICE SEVEN PENCE. : . . . rirrthaLaG OFFICE, seat Jentutry,lB26. THE COMMISSIONKRS for V lel'U ALLING his 31AJZITTI prem.& do hereby jive notice, • PARLIAMENTARY PROCEEDING. 110USR OF LORDS, Folumav 2. That on Wcoittsuar, the eth .of February seat. they will be nriv to receive Tenders In writing (Waled up) and west for the supply of Two Modred and Fifty Thousand good Grey Stock BRICKS, sinnin to a Sample which may be seen at this Office, to be delivired into kis Majesty's Victualling Stores, at Dept ford, Fifty Thousand by the *Stb of February, ad the remainder by the Slit of March next. The Ciindltlons'of the Contract may be seen at Ms Office. Each Tender must specify the price in words at length, and be dclivered before One °Thick on the day appointed ; and the Person ho makes the Tender. og some Person on his behalf. must atts2d to answer when called ftw. • IL win:LER . CLIFTON: SAST !VDU MUSA Amory $5, Ulae• COURr of Diliaterelts ellis UNITED 11 COMPAAr 3411ROUNT Sof JVCIAND, trading re Me EAST INDISS, de hereby give Notice, Thai i SPECIAL GENERAL COURT of the said COM PANY will beheld, by•adjoernment, at their House in Leaden ball street, on Wastuzsime, the nth of February next, at Eleven o'Clock in the Forenoon, for the purport stated in the following Letts; viz. "To the Chairman, Deputy Chairman, and the Honourable Court of Directors. " Decepber 2I 1825. " We, the undersigned Proprietors of East India Stock, duly qualified, request tint you will be pleased to caU a GENERAL " COURT, upon an early convenient day, for the purpose of taking "into soosideration the OXIDE PAPERS, published by the Vote " of the General Coert of Proprietors. DOUGLAS KINNAIRD, " C. J. DOYLE, 44 W. MAXFIELD, " JOHN BORTH WICK GILCHRIST. JOSEPH HUME. 1 ‘ WILLIAM THORNTON, " JAMES PATERSON. " J. DOYLE, " J. ADDINELL." JOSZPN DART, Saredery. GREEK AND ENGLISH LEXICON. This day Was pub shed, in t large vol. Svo. price 14s. 6d. boards, 4,,ZCHREVELIUS . GREEK LEXICON. Translated U into Englhb. With numerous Corrections, and with many new Words added. For the Use of Schools. gy. The present Edition of Schrevelius' Lexicon, which has for so long a period facilitated the labours and promoted the knowledge of Greekstudents,comes recommended to the notice of the juvenile readeibi having: the explanations in our own tongue. The plan of introducing into School Books plain English for bald Latin, in the interpretations of Greek words, has within these few years been suctioned by many most respectable teachers of youth ; and we trust that i plan so founded iu cominon sense, useful alike to the iaitruttor and the pupil, will be universally adopted. London: Printed by A. J. Valpy, for Baldwin, Crudock, and Joy, Paternoster-row. By whom also are published. I. A DICTIONARY of LATIN PtIBASF.S; comprehend ing a Methodical Digest of the *Moos Phrases frees the beg Authors, which hare been Collected in all Phraseological larks hitherto published; for the more speedy progress of Students in Latin Composition. By W. ROBERTSON, A.M. of Curnhridp. A New Edition, with considerable Additions and Corrections. In s very thick volume, royal 12mo. 1.55. bound. ANALECTA LATINA MASORA ; containing selections item the best Latin Prose Authors. with English Notes, atc...; %MIT on the plan of Dalsell's Analecti Grnea.avo.pricelOs.64l.l34l. 5. CARDS of EUCLID; containing the ENUNCIATIONS tad FIGURES belonging to the Propositions in the first six and C.cventh Books of Euclid's Elements. which are usually read in the Universities. Prepared for the use of Students in Geometry st the Universities and Schools. By the Rev. J. BRASSE, late &dew of Trio. Cofl. Camb. Price Ss. 6d. in a ease. 4. The WU io a BOOK, for the Use of Tutors. Price 4s. 6d, JOSEPH COOPER and SON, N 0.93, Bi.hopsgate street Within. AUCTIONEERS, APPRAISERS, HOUSE AGENTS, and UPHOLDERS. beg to inform their Friends, and the Public generally, they continue to REGISTER ESTATES and HOUSES for SALE, in any part of the Kingdom, and trust that few Concerns in the Metropolis, arising from their long esta blishmeot, possess more extensive connections for the disposal of Property. Household Furniture purchased at liberal Prices, or reurroted to convenient situations for disposal, if Sales °R the Pre - Mises Are objected to. It It the principal feature of their Establishment, to settle all Sal: accounts generally within three days after the Sales Is4ve been dircted, and to make no charge for Registering Property intended to be disposed of by Private Contract, unless absolutely Sold through their Agency. ESTATES SURVEYED and VALUED. ItECEIPT of RENTS SECURITIES, sod all descriptions of Propcny managed with promptitude and dispatch, whether Wks eat or otherwise, and ample Security given where required CP d, Csand Son have extensive dry Store-rooms for ware housing furniture of all descriptions, on moderate charges. . FOR PRESERVING THE TEETH ANI) GUMS. urLER'S VEGETABLE TOOTH-POWDER has so long been in general use, that it is almost unnecessary. to offer any further recommendation of it. Composed of Vegetables without the admixture of any Mineral or pernicious ingredient whatever, it is free from the usual objection against the use of ether Dentrifices. Its detersive power is just sufacient to annihi late those destructive particles which adhere to the Gums and the Interstices of the Teeth ; healing injuries in the former, and pris e:king a new Enamel (where it has been injured or corroded) on t 4 , ,: latter. It likewise imparts a firmness and healthy redness to the Gums; and if used regularly will preserve the Teeth in a st)eni state to old age. • Sold in Boxes, at 2s. 9d. by Butlers, Chemists, 4, Cheapskte, ne7 of St. Paul's; and 54, Sackeille-street, Dublin ; Savory and Cr , . 11 , 3, New Bond-street. and 220, Regent-street ; •and by the principal Perfumers and Medicine Venders throughout the 1 : 1 1O , :ki Kingdom. Of whom may be .had, Bnvi.zas' superior ttt.vta Wizen Toot* Bananas, ls. each; and Benzes vey fragrant LAVENDIti Wovaa, in half-pints, at 3s. 61. IrT lk careful to ask for Burt.lea' Vermont.; Tears Powuxa A MOST VALUABLE AND CERTAIN MEDICINE FOR EITHER SEX._ _ _ _ _ DR. BOERHAANE'SREDFILL, No. 2, famous thronghont Europe, for the Cure of every Stage and Symp tom of a certain Complaint. . 'These Pills are mild and powerful, and speedily efficacious in t:czat as well as the most obstinate cases. The directions are fall explicit, being rendered easy to every capacity, by which all 1 ': 7 •014, of either sex, are enabled to cure themselves with safety 4 " 1 L.:ace) , in a few days, without confinement or hindrance of 1 4.4ess. Where an early application is made for the cure of a t'-':sin disorder, frequently contracted in a moment of inebriety, eL2 eradication is generally completed in a few days • and In the I :•ete advanced and inveterate stages of Venereal In fection, eke rot:trite.' by a variety of painful and distressing symptoms, a pot kr:ranee in these Pills (without restraint in Diet or ),ard' i'.sere to the Patient a permanent and radical cure. Toe much ` l :r' ot be said in praise of this medicine • suffice it to say, that its ;4 1 :zin1 sale is a certain criteria! of Its immense 011ar — Many 1:, , nand persons of both sexes hiving beta perfectly cured. after k • :rr and injurious methods had been persevered in to ne purpose. • inpply is just.received„ and for Salo by Mr. R. Johnston, No. CornitiU; Mr. Sanger, 150, Oxford-Atc‘t Mr. Na id * 11°1- " t . &radling. Hopi Exchange ; and all Medicine Yen -4;. Irice 41. bd. per boa, warranted genuine. A Wile after two o'clock. the Earls of atasowar, Wasessoa. LAND SNANTEN.SUNT, and Lord GUMMI% took their mato on the Woolsack as his Majesty's Commissioners. Mr. Quaan the Deputy Usher of the Black Rod, was then ordered by Lord Girroan, on the part of the Commissismen, to summon the Howe of Commons to their Lordships Bar. The Deputy Usher Living retired, the folding doors opposite the 'throne were thrown optu, and be shortly after returned with the SPRAICIIR, fullowed by a large number of Members of the House of Commons. After the Commission had been read, Lard Genoa* proceeded to read his Majesty's Speech, which we gave in yesterday's Sims The Commons then withdrew, and their Lordships adjourned during pleasure. At a quarter to free o'clock their Lordships resumed." The Earl of LI VERPOOL aursod the first reading of the Se lect Vestries' THE ADDRESS. His Mokony's Speech having been read again by Lord Gwent (tom the WOOLISCii, Ind bythe Oat ladle table; Lord VERULAM rose to move On Adtftesr to hi, Majesty. In doing this, he did not conceive that lit , undertook a very difficult task, for there was no great, national and irremediable calamity to deplore, no widely extended warfare to lament. Generally speak ing, he had, on the contrary, to congratulate their Lordships on the fortunate situation of the country, but man was burn to trouble as the sparks fly up. wards ; hence had his Majesty been compelle., to allude in his Speech to some circumstances which had pro duced temporary injury. The first was that extraordi nary and unlooked for panic which had seized on the monied interest of the country—the more extraordi nary and unlooked for as the quantity of money on hand last spring was greater than he had ever known it to be. This, in fact, was one of the causes of the evil, for the difficulty of obtaining adequate interest had induced those wild speculations, that madness after the employment of capital, which had ultimately been attended by enormous losses. The speculators being obliged to draw upon bankers to fulfil their other engagements, the distress fell upon the latter. But although e . .e run upon banks had produced the ruin of individuals, he hoped that he was entitled not to call those cases of ruin a national and irremediable cala. mitt'. Though Parliament could not legislate to pre vent men from speculating, s tmething might be done to check the danger of speculations. this subject was recommended to the serious consideration of the Legis- lature, and he hoped that it would not be in vain. 1. also wished to call the attention of the flquse to the Manly way in which the late embarrassnients had been, met. When they recollected the .enormous . sacrifices" made by Merchants, Bankers, the Government, and individuals, to sustain public credit, they would find in them matter for congratulati:m. Those sacrifices would keep the national credit in a better state than it„ipai before, whilst the experience of past calaiiiity would teach- speculators better wisdom and greasier ton. The other subject to which it had been . his - kto jesty's duty regrettingly to allude, was the coutinuance of the war in India. But this was a war which had. not been entered into for extended empire, bat to maintain the preeminence of onr national character, without which it would be imposs . ble that our domi nion and government in the East should exist. Ho trusted that the continuation of those exertions which bad already been crowned with so much success, would hang the war to an honourable end, and would serve to consolidate our empire. . The Noble_Lord then hav ing turned entirely towards the Woolsack, became almost inaudible below the Bar. He was understood, however, to join in his Majesty's congratulations sea' specting the improvement which had taken place and the tranquillity which prevailed in Ireland. With re spect to the Treaties and Conventions which his Ma. jesty had directed to be laid before the House, they could not fail to meet with their Lordships coacar. same. as the object of the negotiations had been to carry into Wert those very measures which they bad sanctioned last year. Feeling, therefore, that it was un usry for him to enter into fur ther explanations on this point he should conclude in the words of i the last paragraph of his Majesty's Speech, by expressing his eon:, Aden hope that " the temporary check which consineens and ma nufactures at this moment experience, will, under the Nosing of Paornisstcs, neither impair the great rowan of the country, tier impede the coarse of national prosperity."—The Noble Lord then moved an Address to his Majesty, which was, as usual, an echo of the Speech. Lord SHEFFIELD seconded the Address, •in a speech spoken with a tone of di ffi dence which Bowed little more than fragments of sentences to be heard below the Bar. The Noble Lord were understood to express his satisfaction that measures should be-in con templation to remove pecuniary distress, and place the prosperity of the country on a mote solid basis. With respect to the war in India. it was well known that the plan for earrylog it on accorded with the views of the highest mili tary authority in this .sentry. The a cs of Ireland had deeply engaged the attention of the House last siets, and it was in con sequence of the measures adopted for its improvement, and par. ticularly of a more benalkest system of education, that it now so. joyed general tranquillity. , With so many motives for taking cheering view of the situation of the c un ry, he amid ant refrain , from heartily secondiag the Address new e the Moses. Lord KING doubted whether eithey the Mover or the Seconder had stated the real causes of the existing embarrassments, which in his opinion With partly owing to Government, to Banks in general, and to the Bank of England, its monopoly, and to prolonging the exist.; ence of the one and two-pound notes. The Ministry had passed a law for it, and, as the alarm commenced w th the holders of these notes, so far Government was the cause. All its efforts bad tended to lower the rate . of interest; for that purpose, sae-pound notes bad been issued, and the interest on the Exchequer bills reduced. They would all remember the memorable words of an ex-Chancellor of the Exchequer, who said, that, if a man were to rise in the morning and find a guinea in his • pocket, it would be of no use; but that if he awoke and found the interest of money reduced: that would be ' of more consequence. This Chancellor of the Exchequer had found very able coadjutors to assist him lu the pre sent Ministers, for they had taken the guinea oat of men's pockets, and had left them only the scrip or the receipt 1 for thew. AU this had been occasioned by the Bank. He would ask whether there was any state of disordered currency in which the Bank was not to blame? Me .Bank of England bad always .increa,ed the disorder ' 'and. distress. If they would look at the conititotion of the - Bank of England. they would . find _it.but a paltry' machine. If they wished for a machine 'for the pur- mada4.l l pose of creating misclier, ihey had first to remove all fear of rivalry; and secondly, (to construct it the better for mischief) to order that the Directors should have no interest in the profit and loss, but merely in the mismanagement of the Bloke The lJ'rectors bad no share, owing to some foolish idea of impartiality.— Nothing could be more beneficial to the management of the Bank than that the Directors should have an in tense interest in the profits of the Establishment, on the same plan as all other Banks were conducted. The machine of the Bank of England was too vast to be conducted upon such principles, and he hoped that they would put an end to th it monopoly. The Bank of &glut.' had increased their issues At the end of the year 1824, and the beginning of 1825, as could be proved upon the auth airy of one of the irst merchants, which their Lordships might • see by perus ng a most excellent hook .on that sub ject, written by a Gentleman of the name of Tooke. , According to that Gentl-mao, the issues of the B ink iat April, 1829, were eighteen Millions, in 1824, they were increased to nineteea millions, and in the year 1825 were still further increased to twenty millions eitrht hundred thousand. He (Lord King) knew that the Mi nisters would willingly contt oul the issues of one and two pound Bink-notev, but the CJusits y Banks and Gentle men were too strong for thetit.' lie wished to ask the Noble E ori (Liver t rool) one question relative to the Corn Laws. He understo d that there was to be a revision of the Corn Laws. [The Earl of LivarteooL said, he sh hufd answer by and b) el—The Noble Lotd much feared that no - revision would take place. This brought to his mind the disgraceful Canada Corn Bill of last year, 'and he feared that tie disgrace of that Bill would I not be easily wiped away. That was a measure of Go -1 rernment which had passed the other House. On reaching their Lordships it was opposed by a Noble Earl. What was the conduct of his Majesty's Minis ters? 44 Will you all.iw the Bill to pass for two years? they said—No. Will you allow k for one and a bait ? No. Will you allow it for one year? Yes;" and the Minister took it for that period. He was much afraid there would be no Corn Bill, and the existing Corn Law wa s'a most gigantic job. He doubted whether the avarice of those who proposed it, or the impudence o f those who said it was for the public good was the greater of the. two. What was the West India job, which only Feuded to keip up the price of sugar, and the Eist India job, to this ? A mere nothing.— We heard nothing at one time but complaints against theStluitous in Spain, for having granted the mono .poly of hides in Buenos Ayres, and the whole trade of Meticoeci one company. This was called a shameful ml nopoly,biat it was nothing in comparison to the monopoly .of tile foull of a whole country. This was the job that the Aristnertrey determined to, carry into effect, but it was rimpoixtb:le for it to continue. Ile was 'true that the 'presept august - issembly. *as the only one in Europe Witigl4equiredit to heasplained, that cheap bread was e . blealiss. Hi knew *A - ,their LOrdships, on some occasieus, were sharp-sighted. They were very severe about breaking nachines. Why was the breaker to be put dow.n?—oecause machinery' saved labour, and therefore was productive of cheap goods. But when Jig' game ta Corn Law-, they changed their opinion , t h y or., if cheap labour Was necessary, ought not cheap food to be necessary also ? We were told that the Agricultural Interest required protection, and the dif ference between the duty and the puke of corn on the Continent was so gieat, that entire ruin would follow .. wit hout protection. If then ,so great a difference existed, -itwas evident, that in proportion to their gain, would be the loss of the consumers. It the measure of coin was but two shillings at Odessa, in prop, rtion would be their injustice in keeping it here at ten shillings. That ,celebrated traveller, Lemuel Gulliver, when t elating his 'travels in ~gland to the king of . Brvbdignag, amongst other things mentioned the proceedings of the present assembly, how they were occupied in adminis tering justice and framing laws to protect Agriculture. The King of 33robdignag said, that he thought that they were the most con teiriptible race of men that ever infested the face of the earth. He now might have added. that their Hukra were the most *IBA. As there wail an urgent necessity for a revision of the Corn Laws, be begged kave to move an amendment of the Address to his klajesty-:-" That as the best means of extending the g eneral pros. parity of togiknd, this House will proceed, without delay, to revise the Corn Laws on trite principles of justice and policy." 'Earl GROSVENOR was not disposed to go the same length - as his Noble Friend, or to assent to his Amend ment,*though he wished the question of the Corn Laws te& discussed. It was too important to be brought into premature consideration He regretted deeply the circumstance • of his. Majesty's not having been able to attend in - person this day to open Patlianient. He could not have b en deterred by the nature of his Spet ch from attending, for. it - did credit to those by whom it bad been suggested. *He had always thought it wrong tie introduce topics a congratulation into a Royal Speech when there was really no cause for congratula tion, and he gave credit to those who had abstained on this occasion from following such a practice. It was -said, that notwithstanding.the late commercial digresses, the Revenue had answered the expectations of -his Ma. jest y% Ministers. There had been a deficiency, however, but perhaps . they bad anticipated a greater one on ac count of the reducliont-of various duties.—This failure had been the effect of commercial embarrassments, and would force Minigers to come to that economical sys tem' which he had. for years recommended. Had a , large scale of retrenchment been adopted, instead of a sinking fund of five millions, it might have been eight, and not-only would that money have been paid off, but the interest would have arisen to the Sinking Fund. He had never heard a good reasons Oven why the army should not be largely reduced" the great popular Assembly at Manchester had been dispersed by a hand ful . of yeomanry, which :hewed. that there was no ne cessity whatever for maintaining so numerous an army.. gad it been done earlier what large sums would have ilium saved, and how. much greeter would not be the - , • for carrying on. that war, which, whatever glory bad procured, had occasioned such Loss co( Jiloco4, and for the be of which, whoever had , approved of ii, had much to answer -fourths of out army were kept Id Ireland: Under die prescit stake of this* be that country, it might be impossible s bee is should be otherwise ; bet If the measures cult-aimed to itunre ipialtbre. Isive place of that country wets adopted, an end might at once be ".ter an immense artoyoutkowimmense expenditure. The Noble -eluded* repeatleg that he wai not prepared to support , t of his Nible Friend. ' ' Lord TEYNHAM was understood to contend that the army had been reduced so far as the necessities of the Empire would allow. Had not the Government been comppl led to give up the Property Tax, the country would be in a better state at present than that in which it stood. 'the Noble Lord was also understood to express a hope that the Amendment would not be pressed. The Marquis of LANSDOWN did not consider that it would be just or decorous towards their Lord ships to enter into the important topics mentioned in his Majesty's Speech, without being in possession of the do cuments which it might be the wish or the intention of the Government to produce. Questions so large, so compl:cated, and connected with the whole theory of commerce, should not be discussed prematurely. It required deep consideration to ascertain bow far the cir-' culation of the country should be interfered with ; what departure sh uld be made from the established system, and how far monopoly had been productive of the ex isting evils. It wus forthe House also.to consider the possibility of administering a corrective to _thom mei* and what should be the 'nature of that remedy. It was the opinion of his Majesty's Gosernment that such' a corrective might be applied, and he did not wish to call upon the Noble Earl opposite at present to explain the ne tuie of this corrective or remedy, if he wished for delay. For. nfa conceiving that the Addiess, to which he was ready to give his full consent, tended to pledge the House to any particular course, he did not think such information necessary before he gave his vote. He admitted that the Corn Laws must, sooner or later, be come the object of due deliberation on . the pact of both Houses of Parliament, but he differed frosts his Noble Friend (Lord King) and was not disposed prematurely to pledge the House on the subject, or even to call for lan opinion, unassisted by the information which he had reason to believe Government endeavoured to procure. The state of the Currency was to be considered, as well os she Corn Laws and that of Trade, but the whole should be . bilked at In &siemens! connection. He had now said enough ,no preclude hineself. and he hoped the }hue*, from going at =i Mtn lbws important questions, and he invited the Noble f be so desirous, to delay to a future day his expla nation of is mature of the corrective which it was his inten dsa to prop* With respect to the state of Ireland, he should Übe issadaseappestamity at calling the attention of their Lordships to do Th i e s t g a s rl of LIVERPOOL also thought that it would not be doing justice to the House or to the sub ject, to enter at once into the consideration of those topics of his Majesty's Speech which involved such im portant questions, particiilarly that which related to commercial difficulies. After this statement, and the opinion expressed by the Noble Marquis and others, he felt that he was not called upon to engage in a full discus sion of those subjects. Yet they were ibt too mach public interest I.ir him to use anyi elm ve as to t 4 general nature of the remedies or correctives which his bl-jesty's Go vernment had in view. But before he stated it he wislOssloppiainianniallahlgpallanktentioll to, Con vulsions which had occurred. They bad aft been wholly unexpected, at least they had net been wholly unexpected by him : for, in the month of March last:he had taken, or rather he had created, an opportunity of pointing out what effects he conceived the spirit of rash speculation which had seize] upon the country would produce, and had given lair n )tice that if those conse quences arose which he expected sooner or later, the re-. medics which had been applied on former occasions would not be repeated, in order that the parties should know that if they rashly ruined themselves thez must abide by the results of their own acts, and anticipate no relief. He would not follow the N 'ble Baron in the various causes to which he had attributed the late diffi culties, though at a proper opportunity he would not decline entering into the discussion. But one cause was so obvious and so paramount, that even if he were dis posed to allow that it had be?n egg avated by others, it was completely sufficient to account for that general spirit of mad speculation which had pervaded the country for the. last two years. In noticing that spirit, he had stated last Session that it was not confined to the metropolis, but that it had extended itself to the country through the medium of the Country Banks. It was diificuk to procure an exact account of the issues of those Banks, but he was in possession of a document which contained the best attainable information on the subject. It was known that all country notes must be stamped ; now he held a Return of those which had been stamped for the last five years. By this Return it appeared that the number stamped in 1821, 18`22, and 1823, was four millions and one or two hundred thua sand, varying only between one and two hundred thoa sand,accor ding to the wants of the count, 7.10 1824,whea the mad spirit of speculation began, the number stamped was six millions, and in 1825, when it raged ac its height, eight millions; so .hat in the last year they doubled the amount of the three years 1821, 1822, and 1828. Was it not sufficient to state that fact to account for all the effects which over-trading and over-speCula tions had produced? He would n t deny that during the same period there had been some increase in the paper issues of the Bank of England, but it bore n,o.pro portion to that. He stated this as alone sufficient , to account fur all the results of the pecuniary transac tions of the last year. The Noble Baron had • charged his Majesty's Government with being a party to the creation of those embarrassments by its de- sire to lower the rate of interest. Had any forted measure been introduced by Government to ope rate on interest, it would certainly be liable to the charge. But the rise in the amount of capital and the lowering of interest were the consequences of the prosperity of the country,and the Government would have been highly blameable if it had not availed itself of that opportunity to reduce the public burthens. It was by doing so that it had been enabled, at one .time, to diminish the interest of the National Debt 1.400,0001. at another 300,0001. They would not have discharged their duty shad they acted otherwise, when, by following - the .na coral course of things, and not by.a. forced measure, it "IS in their power to attain such important ends He had said that he would point out the general nature of tbe:reniedy intended to be applied to the present evils ,For overtrading . and speculation no entire cure could be found in a legislative measure. - It could only pro- ceed from individuals being duly impressed with a sense of the danger whisk they incurred. Pailliatives; how over' might be applied, and the measures which Wet. is contrail , lation• rte not new. Bull of them,.on _a for-