Star. — London, England, 1826-02-08 00:00:00

I . -tor, a•_teJ in every► particular with all the respect 4 : to the laws and his - NIAJESEY, to whom they have 2 ys shewn themselves fitithful and loyal subjects. _ Frankfort Papers to the 2d instant reached us this f-!cnoon. The following are the only articles they c,-;•lin.worth quoting : W (SBA DEN, JAKOAST '29. official Journal of our Dually announces that, at the end of last year, the candidate H. (a young (siergyrn.n, wirhout preferment), a native of Wi►badrn, WAS condemned ro ten years' rntpri.onment in a for• tresi, f having been engaged in relations tainted wits treason. In al,,;!:er column we hii%e inserted Copies of the cmTesrondence of the Earl of Ltvintroot. and the Cigar:L*l.ton of the Esc:nut:am with the Governor of the Bank of England, on the proposed alteration of the privileges enjoyed by . that body. It will be read with ititerest and advsntage, previous to the discussion of the measure which takes place oil Frithy next, in Parliament. THE Alt Al Y. Orders have been issued fur disbanding the 6cl Royal Veteran Company, at the Isle of Man, on the 24th instant. The di.issnd rient is to he superintended by Major hlact.asn, of the Sikh Foot, who is stationed there in command of the Depot of that Regiment. The 66th (Berkshire) Regiment of InfanTry, and the 56th (West rases) Regiment of 'Foot, have completed their augmentation Evatsli‘hment. _ • _ _ _ _ _ A Deachment belonging to the East India Company's Service eniliatkrd, yesterday afternoon, at Billingsgate, for Gravesend, on to Chatham. Detachments belonging to the 13th,14tb,30th, !4th, nd 69th Regiments of Foot marched, yestgrday morning, f-•trtt Westminster fur Chatham. Detachments belonging to the `.:Oth, :.Bth 41st, and 48th Regiments of Infantry marched, • esterday mi.rning, from Wesilnit.ster for Canterbut y. tach : rots lit-longing to several Regiments of Infantry arrived in town, riday, from Coventry, on route to join their respective Cot ps ••:P Dists, at Chatham and Canterbury. 'on. signed by the Lord Lieutenant of the County of Essex. Sir Thomas Ormsby, Bart. John Fletcher Mills, F.sq. Charles Ilaselfoot, lloratio Vachell, Esq. and John hl'Lachlan, Zig to be Deputy Lieutenants. Commission signed by the Lord Lieutenant of the County of Middlesex. floislyn, Esq to be Deputy Lieutenant. NAVAL INTELLIGENCE. .~_. The Clio, Kaaintov, from Seville to Liverpool, is lost near vi*xtorel. The rincinnatus, Buss, from New York to London, is embayed ri a small bay, near Penzance. .1 boat belonging to his Majesty's ship Snamitoex, with the ;''o'er and four men, was upset in a squall in Dartmouth harbour, rn the 6th hest. but were providentially saved by a pilot boat, when r sinking. FACNIOUTII, Fes. 6.—Wind S.W. strong gales, with Wavy *snails.-- Arrived the Dute of Kent packet, front Li.bon. Poteramoorn, Frs. 7. 7 -Wind West.—The William Ilarris transport, from Malta, has been released front quarantine, and is vette into harbour. Sailed Isis Majesty's ship Timis, for Plymouth. Dvst., F. 7. 7 -Wind W. fine weather.—Arrived and remain, the Hiram, Guist.; Fanny, • BONAII ; and Mary, Dauer, from Nle.sina ;* Mary, Bowers, from Jamaica; and the Sophia, Dainty, front St. john's (N. 8.) Came down from the River, and remain, ose Company's ship Tlacqueen, for India; Sappho, Noaers, fur •:iiityrna; Retrench. atoms., for Teneriffe ; and Henry Cox, &st raits?, for :latiraicae Arrived the Catherina Ilendrica, Boom, from Amsterdam fur The Company's ship Durdra,•for hinr, turned away to the westward. Livettroot. Fru. W.S.W.—Arrived the Bachelor, Ttioalson, t St. Andrew's (N.l3.).—sailed the 9tb of January; Mansfield, Mairis, from Trieste ; Lady H. AP Kenzie, Lzas. front Meishia; Thomas, Huaxer, from St. Andrew's (N.B); Man. c*lntr, Lax, from New York—sailed 16th January; Margaret Attu, Qt'II.LIER, from Alexandria; Severn, Purrs, from Naples; James, Baciwri, from Palermo ; Dispatch, Blown, front Bles.ksa ; Flora,, Ilitoww, from Adra ; Albion, Townsmen, from Malaga; COULTHAILD, from Messina; and the Brothers, Jams, itom Seville. FASHION A BLE AIOVEMENTS. DEIPARTERIM—Yesterday, the Marquis and Marchioness of I ..mien, for their st.at, Wilderness, Kent. The Earl of Darnley, for his seat, Cobham Hall, Kent. The Kiri of Egrement, for Newmarket. Captain Byng, from St. James's-square, for Yorkshire. • AItRIVALS.-.- Yesterday, the Karl of Powis, i■ Berkeley-square. Lord and Lady Clive, at their house in Grafton-street. L. J. Littleton, Esq. M.P. aihis house in Portman-square. Sir William and Lady Jane Houston, at their house in York s:rect. I'a.coe Grenfell, Esq. M.P. and family, at their house in Charles- LI yet. Lord Itawarden, in town, from a tour. George ltice Trevor, Esq. M.l'. and - Mrs. Trevor, at their ilo Szrattuti-strret. Sir 1 homas and Lady Letinard, in town. LENT ASSIZES-MIDLAND CIRCUIT. Before Lord Chief Justice Rim and Mr. Justice Ltrrazoaae. Nonhampton.liire—Saturday, Feb. l i. at Northampton. llotlandshire— , Friday, March Z, at ()Allan,. Lincolnshire—Saturday March 4, at Lincoln. Citi of Lincoln—Same sky, at the City of Ditto. .osttiiiglian, :hire—Friday, March 10, at Nottingham. lower of Nottingham—Sane day, at the Town of Ditto. Derbyshire—Wednesday, March 15, at Derby. Leicestershire— Monday, March '2IJ, at Leial ter. Borough of Leicester--S.ime day, at the Borough of Ditto. City of Coventry—Saturday, March 25, at the City of I..)aventry. Warwickshire—Same day, at %Varwick. NORFOLK CIRCUIT. I3efore I.urd Chief Justice Au.TT and Mr. Justice Houton,. rackitighanisliite—lKetinestlay, March 1, at Aylesbury. l'ahlfordshire—Tuesday, March 7, at Bedford. 7 !untingdonshire--Saturday, March 11, at I luntingdon. rambridgeshire—Tuesday, March 14, at Cambridge. `;orfolk—Saturday, March 18, at Thetford. liaffulk—Saturday, March 23, at Bury St. Elaiund's. WINDS-it FEB. 7. Yetteraisv evening the Duke of wes.ussirv,i arrived at the Royal Lod_ge on a visit to his Masan. Shortly after his Grace's arrival, the KING gave him an audience; ater which he dined and passed the evening with his Nlasitsvi. THE Lonr CH* xcet.t.t.n.—Tlie Answers given this were--" Ills Lordship continued to get better, but was very M R. COBBETT . III NIZETING.—A meeting was this day boa 2. the Freemasons' Tavern, for the purpose of procuring the ',turn ot Nlr. Cubism. to Parliament. The room not being suffi ciently large, the meeting adjourned to the Gate-street cornet of I r'sicoln's•inn Fields, where the Chair was taken in a coal waggon, I , ', Sir Titustaa Beim* Mr. COMESTT harangued the Meet-, .1 at great length, against the Curti Laws, alterations in the ! Nts, Trade, the proposed arrangement with the Bank of England, C. Sic. on w h ich he was expatiating when our paper went to ;ao.s.—The crowd was immense). Yesterday atteritoon, at two o'clock, a Cabinet Coon r• was held at the Foreign Office, Downing-street, agreeable to 'Autumn, which was attended by the Earl of liaaaowar, the Rarl ••• Imetarocti, the Earl or WESTMORLAND, and Earl HASHURST; t r Juke of Wrt.t.tacron, the tHASZELLOIL of the Exam:man, 'lt. Secretary PELL, Mr. Secretary CANNING, Mr. Illusitnioat, Nlaiviiis, Lord Basics% and Mr. Writs. The Council ot close delliteration till past tour o'clock. Yesterday, At halt-p.st four oclock, the Duke of I. osi, as Commander-in , Chief, held a Levee at his Office In the which occupied his Royal illighness's attention hour. 7. h.. billowing were among those present—Gene -174r1 CA OCANT, Earl of :;oar Lord Fonazi, Sir Muss Ntetti Wait I.L, I I RT, Store; Lieutenant-Generale Sir T. !Iwo?, h r J. Lanese, 6. Mit.; Major—General STEVENSON, Lord wruva, and ahnut thirty othets. sterdav, the P.o tuguese Ambassador transacted I .. , u!'ess at the Foreign Offtt-e. It is •tai..l that Sit (it.: •fiGit MvattA tr. C'nnm .oiler of I . le F A r ees wilt he succeeded for t hwi t h by Cltoteral Sit faunas 41101... E, and that Sir ClEollit is to be appointed Adjiitatir Gana: in X , ilansl.--Lorisrick Ct eriAst CORRESPONDENCE WITH Tl-II BANK OF ENGLAND. • - -,--06—. COPIES OF CONIIIUNICATIONS between the rim Lord of the Treasury and the Chancellor of the Exchequer, and the Governor and Deputy Governor of the Bank of England, relating to an Alteration its the exclusive Privileges enjoyed by the Bank of England. Fife Douse, 15th January, MS. GtNTLIRMEW—We have the honour of transmitting to you here: 2 l with a paper, containing our views upon. the present state of the Banking System of this Country, with our suggestions thereupon; which we request you will lay before the Court of Directors of the Bank of England for their consideration. We have the honour to be, Gentlemen, your obedient humble servants, (Signed) LIVERPOOL. FREDERICK JOHN ROBINSON. The Governor and Deputy Governor of the Bank of England. 1 The panic in the money market having subsided, and the pecuniary transactions of the Country having re verted to their accustomed course, it becomes important 'to lose no time in considering whether any measures can be adopted to prevent the recurrence in future of such evils as we have recently experienced? However much the recent distress may have b •en incidental aggravated, in t h e j u d gment o f some, h_y circumstances and particular measures, there can be no doubt that the principal source of it is to be found in the rash spirit of speculation which has pervaded the country for some time, supported, fostered, and encouraged by the Country Batiks. The remedy, therefore, for this evil in future, must be found in an inipmvement in the circulation of country paper ; and the first measure which has suggested itself to most of those whe have considered the subject, is a recurrence to a g-ld citculation, throughout the country AS well as in the metropolis and its neighbour hood, by a repeal of the Act which permits country banks to issue one and two pound notes until the year 1833 ; and by the immediate enactment of a • probibi:ion of any such issues, at the capitation of two or three years from the present pet iod. It appears to us to be quite clear that such a mea sure would be productive of much good; that it would operate as some check upon the spirit of speculation, and upon the issues of country banks; and whilst, on the one hand, it would diminish the pressure upon the Bank and the metropolis, incident to an unfavourable state of the exchanges, by spreading it over a wider surface ; on the other hand, it ss 'bold cause such pressure to be earlier felt, and thereby insure an earlier and more general adoption of the precautionary measures necessary for counteracting the inconveniences incident to an export of the precious metal. But though a recurrence to a gold circulation in the country, for the reasons already stated, might be productive of some good, it would by no means go to true root of the evil. - We have abundant proof of the truth of this position, in the events which took place in the spring of 1793, I when a convulsion occurred in the motley transactions and circulation of the country, more extensive than that which we have recptuly experienced. At that period, nearly a hundred ountry banks were obliged to stop payment, and Parlirnent was induced to grant an issue of Exchequer Bills to relieve the distress. Yet, in the year 1793, there were no one or two pound notes in cir culation in England, either by country banks or by the Burk of England. We have a further proof of the truth of what hks been lolvanced, in the experience of Scotland, which ' escaped all the convulsi.ats which hare occurred in the money market of England for the last thirty-five years, though Scotland, during the whole of that time, has had a circulation of one pound notes.; and the small pecuniary transactions of that part of the United King dom, have-been carried on exclusively by the means of sue+ note 3. The issue of small notes, though it be an aggrava tion, cannt.t therein: e, be the sole, or even the main cause of the evil in England. The failures which hale occurred in England, unac companied as they have been by the same occurrences in Scotland, tend to prove that there must have been an unsolid and delusive system of banking in one part of Great Britain, and a solid and substantial one in the other. It would be entirely at variance with our deliberate opinion not to do lull justice to the Bank of England, as the great centre of citeulatinn and commercial credit. We believe that much of the prosperity of the country for the last century, is to be ascribed to the general wisdom, justice, and fairness of the dealings of the Bank ; and we limber think, that during 'a great part of that time it may have been, in itself and by itself fully equal to all the important du ies and operations confided to it. But the progress of the country during the last thirty or forty years, in ever branch of industry in agricultdie, manufactures,commerce, and navigation, has been so rapid and extensive, as to make it no reflection upon the Bank of England to say, that the instrument, which, by itself, was fully adequate to former transactions, is no longer sufficient, without new aids, to meet the demands of the present tries. We have, to a considerable degree, the proof of thi, position, in the very establishment of so many country banks. Within the memory of many living, and even of some of those ' now engaged in public affairs, there were no country banks, except in a few of the great commercial towns. The money transactions of d►e country were carried on by sup plies of coin and bank notes from London. The extent of the busin_Ss of the country, and the improvement ma•ie omen time to time in the mode of conducting our increased commercial transactioni, foundei on pecuniary creJit, tendered such a system au longer adequate, and country hanks must have arisen as in fact they diJ arise, from t!,e increased wealth and *en , wants of the country. The mattes of regret is n rt that country banks have been suffered to exist without cnntroul or linii ration, or without the adoption of provisicns calculated j to counteract he evils resulting from their iutprovi• dente or eases. would be vain to suppose th.►t we could now, by any act of the I.egislato , e, extinguish the existing Country Banks, ev •it if it were desirable; but it may be w.th u our power, gradually at least, to establish a sound sys►ern of Banking thioughout the Country; and if such a system can be twined, the e can be little doubt that it would ultimately extinguish and absorb all that is objectionable and d ingewus in the present B Inking establishments.. 'Thereoppear to be two modes of attaining this object:— First—That the Bank ut England should establish branches of its own beily in different parts ut the Country. Secondly—That the Dank of fingland should give up its eaclu sive privilege u to the number of partners engaged its banking, cues within a certain distance from the mettupults. It nas always ap h - e 're,' to ui, than it wt. u ld ha v e b eet , very drivable that the 13,ink sh,.uld brut ttieJ the firvi •of these plan+ ; that tol edalwitaling branch baulks, upon d litnittd se •le; but we ate not when i.) the difli• CUltieS sehidi would have si,tenJeJ vu.leata experiment, •anti we are quite bAtiAieJ that it would be un , ositble tut • • . 'the Bank, under pr . e:ent *iiiiintranees, fo ka - tit'irt4 6' execution such a system. to the extent necessary for providing for the wants rit fhe country: There remiinc, therefore, only the other plin, the surrender by the Bank of their exclusive privilege, as to the number of partnzri, beyond a certain distance from the metropolis. The effect of such a nikasure would be the gradual establishment of extensive and resp-ctahle banks in different parts of the cduntry ; some, perhaps, with charters from the Crown, under certain qualifications, and s' me without. Here we have again the iidiantage of the etperience of Scotland. In England theae are said to be between eight and nine hunched country banks ; and it is po exaggeration to suppose that a great proportion of them have not been conducted with a due attention to those precau tions which are necessary far the safety' of all banking, establishments, even where their property is most ample. When such banks stip, their creditors may ultimately bet paid the whole of their demand, but the delay and sh ck to credit may, in the meantime, in volve them in the same difficulty, and it is always at tended with the greatest injury and suffering in the dis triers where such stoppages occur. If this be the case ‘s here the City of the bank is unquestionable, what must it be alien (as too oaten happens) they rest on no, solid foundation? Ii Scotland there are not more than thirty banks, and these banks have stood firm amidst all the convul sions in the money mar ket in England, and amidst all the distresses to which the manufacturing and agricul tural interests in Scotland, as well as in England, have occasionally been subject. Banks of this description must necessarily be con ducted upon the general understood and approved principles of banking. Individuals are, horn the nature of the institutions, precluded from speculating in the manner in which per s•rns engaged in country, and even in London Banks, sp ciliate in England. If the concerns of the country be carried on without any other Bank than the &ink of England, there might be some reason for not interfering with their exclusive privilege; but the effect of the law, at present, is to permit every description of banking, except that which is solid and secure. Let the Bank of England reflect on the dangers to which it has been recently subject, and let its Directors and Proprietors then say, whether, for their own in terest, such an improvement as is suggested in the bank ing system, is not desirable, and even necessary ? The Bank of England may perhaps propose, as they did upon a former occasion, the extension of- the term of their exclusive rrivileAe, as to the Metropolis arid its neighbourhood, beyond the year 1833, as the price of this concession. It would be Itery much to be regretted that they should require any such condition. It is clear that in point of security they woulj gain by the coi:cesion proposed to them, inasmuch as their , own safeti . h now necessarily endangered by all such convulsions in the country circulation, as we have lately and formerly witnessed. In Point of profit, would they lose anything by it, for which they are entitled to demand compensation? It is notorious, th it at the present time their notes circulate in no part of England beyond the metropolis and its neighbourhood, excepi in liincashiie ; and per haps fur that district some special provision might be made. • Bat as it is the interest, so it has been and ever will be the endeavour, of the country bankers to keep the Bank of England note.: out of circulation in those parts of the kingdom where their own circulation plevaill. In this they must always be successful, whilst public creslit continues in its ordinary state, and the exchanges not unfavourable to this country. The consequences are, that in such times, the Bank of England becomes in a manner the sole depository for gold ; and, in times of an opposite tendency the sole resort for obtaining it : that at one period. their legitimate profit is curtailed by an accumulation of treasure beyond what would be required by a due attention to their own private salty as a banking establishment; and at an ther period, they are expi.sed to demands which endanger that safety, and baffle all the ordinary calculations of foresight and prudence. _ If, then, the Bank of England has no country circu lation except in the county above named, the only question for them to consider is, whether, on the ground of profit, as well as security to themselves, the existing country circulation shall or shall not he improved ? With :expect to the extension of the term of their exclusive privileges in the metropo'is and its neigh bourhood, it is obvious, from what passed before, that Patli.iment will never agree to it. Such privileges are out of fashion ; and what expec tation can the Bank, under present circumstances, entertain, that theirs will be renewed ? But there is no reason why the Bank of England should liok at this consequence with dismay. They will remain a char. tered Corporation for carrying on t►le business of bank• log. In that character they will, we trust, always continue to be the sole Bankers of the State, and with these advantages, so long as they conduct their affairs wisely and prudently, they always must be the great centre of banking and circulation. Theirs Is the only establishment at which the dividends due to the public creditor can by law be paid It is to be hoped, therefore, that the Bank will make n, rutty In giving up their exclusive privileges, in respect to the number of partners engaged in banking, as to any district miles from the metropolis. Should the Bank be disposed to consent to a measure of this nature, in tine to enable the Government to announce such a con cession at.the opening of Pailiament, it would afford great facilities to the arrangement which they may have to propose for ensuring the stability of private credit, it, which the support of public credit, and the maintenance of public prosperity are so materially and closely involved. No. 11. At a Court of Directors at the Bank, January 20, 1126 ; This Court havi g 'taken into consideration the im portant paper, received from the First Lord of the Trea bury and the Chancel lot of the Exaequer, have resolved, That, however essentialty they may differ on certain views and sentiments therein laid d and expressed, •t is not f.r the Gott at the pre ent moment to offer any opinions of their own, the paper appealing to be intruded is declaratory of the y r,unds on which his Majesty's Ministers have coat to the determination to iequise the 13a Ilc to give up its err lit ive privilege as to the number of parties engaged in banking, except within A ceitain distance lioni the metropolis. It cannot. however, he considered incon•iwnt with this forbearance, to s'.tte the apprehensions of the Court .rf Detectors, that confidence is not so restored as Lord Liverpool and the Ctiancellur'of the Excheg set •eem to im rg ne. * -.• thisvaiiie Pia, ribsided. &co:111;116th public and t atvatc, mantilla in a very •uticer air) and anxious s:a.e. . ~ - . -,.• z. That the country circolrion , is in many parts ex tremely defective, c annot be controverted; and the Bank-would eery reluctantly oppose itself to any mea 'ores tending to ameliorate it, but would be glad to promote that object, either by fresh exertions on their part, should such be found . practicable, or by any rea sonable sacrifice. Under the un4rtainly in which the court of •D -rectors find thems-lves with respect to ihe details of the plena of Government, and the effect which they may have on the interests of the Bank, this Court cannot feel themselves justified iu recommending to their Pro. prietors to give up the privilege which they.now enkry, filnctioned and confirmed ask is by the solemn Acts of the Legislature. No. TU. The First Lord of the Treasury and the Chancellor of the Exchequer have duly considered the Answer of the 20th instant. They cannot but regret that the Court of Directors s' , ould have declined to recommend to the Court of Proprietors the consideration-of the Paper aeliveled by the First Lord of the Treasury and the Chancellor of the Exchequer, to the Governor and Deputy Governor of the Bank, on the 13th instant. The statement contained in that paper appears to the Era Lord of the Treasury and the Chancellor of the Exchequer, so full and explicit on all the points to whch it relates, that they have nothing further to add, although they would have been, as they still ate, ready to answer, as far as possible, any .pecific questions which might be put, for the purpose of " removing the uncertainty in which the Court of Directors state themselves to be with respect to the details of the plan suggested in that paper." After all, the simple question for the Bank to con sider is, whether they are willing to relinquish their exclusive privilege as to the number of partners engaged in bankiog at a certain distance from the metropolis ? Toe First Lord of the Treasury and the Chancel,or of the Exchequer are satisfied that the profi:s of the Bank would in no de tee be affected by their consenting to such a proposal. Convinced of this, and that its adoption by the Bank is as important to their own security,as to that of the pubic, it does not appear that the Bank can be equitatily entitled to clams any compensation for the surrender of this privilege of their charter. Against any proposition for such compensation the First Lord of the Treasury and Chancellor of the Exchequer formally protest ; but if the Bank should be of opinion that this concession should be accompanied with other conditions, and that it ought not to be made without them, it i t for t h e Bank to bring forward such conditions. life House, January 23, 1826. No. IV. At a Court of Directors at the Bank, January 26, 1326; The Governor laid before the Court the following Minute of the Committee of Treasury, viz. Committee of Treasury, 25th January, 1826. The Committee of Treasury having taken into consideration the paper received from the First Lord of the Treasury and the Chan cellor of the Exchequer, dared 23sljanuary, 1826, and finding that his Majesty's Ministers persevere in their desire to propose to re. strict immediately the exclusive privilege of the Bank, as to the number of partners engaged in banking to a certain distance from the Metropolis and also continue to be of opinion, that Parliament would not consent to renew the privilege at the expiration of the period of their present Charter; finding also, thatthe proposal by the Bank, of establishing Branch Banks, is deemed by his Ma jesty's Ministers inadequate to the wants of the country, as of opinion, that it would be desirable for this Corporation to propose, as a bails, the Act of the 6th Oro. IV. e. 42, which states the conditions on'which the Bank of Ireland relinquished its.exclosive privilege ; this Corporation, waiving the question of a prolongation of time, although the Committee cannot agree iu the opinion of the First Lord of the Treasury and the Chancellor of the Exchequer, that they are not making a considerable sacrifice, adverting espe cially to the Bank of Ireland remaining its possession of that privi lege five years longer than the Bank of England. Resolved—That the foregoing recommendation of the Can = mittee of Treasury be agreed to; and that the Oovernor and Deputy Governor be requested to lay it before the First Lord of . the Treasury and the Chancellor of the Exchequer. No. Y. The First Lord of the Treasury and the Chancellor of the Ex. chequer have taken into cpnsisleration the paper delivered bx the Governor and Deputy Governor t♦f the Bank on the 27th instant. They think it right to lose no time in expressing their concurrence in the proposition which has been sanctioned by the Colin of Directors, as to the exclusive privilege of the Bank of England, and are willing to agree that the two clauses inserted in the high Act of last year, and referred to in the paper communicated by the Governor and Deputy Governor, on the 27th instant, shall be in. anted in the Bill which will be necessary to give effect to the new arrangement. The First Lord of the Treasury and the Chancellor of the Fa chequer cannot 'conclude without adverting to that part of the paper of the Bank which respects branches of the Britt of England. In their paper of the 13th of January, the First turd of the Trea sury and the Chancellor of the Exchequer have stated the reasons why they are or opinion that, under all the present circumstances, the establishment of branches of the Bank of England would not of itself be sufficient to meet all the exigencies of the country; but they are so far from wishing to discourage the establishment of such branches, that they are decidedly of opinion, that the forma tion of them, under proper regulations, will be highly advantageous both to the Bank and to the community. Fife House, 28th January, 1826. A letter from Pernambuco, of the 20th December, was received yesterday, which states the arrival of Sir CHARLES STUART at that place from Rro de Janeiro. An Invest was on Saturday held at Manchester, before Mr. MILNE, on the body of Mr. Price, fustian manufacturer, who was found murde:ed in his wale• house, and the premises on fire, the preceding day.— The only witness examined, was Mr. Cresswell, House Surgeon to the Infirmary. He found the face, the left at m, the legs, and the feet, much scorched, and the clothes nearly consumed. On examining the head, he found an ex • tensive laceration of the scalp beginning about to 0 inches behind the left ear and extending about five inches in length, nearly to the crown of the head. Corresponding in size with this laceration was a fracture of t;.e skull, several portions of whizn were driven deep into the substance of the brain. Just at the entrance, and in front of the right ear, was a wound about three quarters of an inch in diameter. and a corresponding fracture of the temporal bone. WitnTss was of opinion that the fracture on the left sic of the head had been the Cause of death. Witness said he thought that a blow from an axe, such as those carried by the tilemtn, might have catued the large fracture on the left side of the head. He Dad sent for one of the axes used by the Norwich firemen, and found the blade to ccrrespond exactly with the leng t 'of the w iund. Tim Manchester .Mercury however states, that Mr. Jordan, and nth. r surgeons, had since czamine I the wound, and they is ere at opinion that it was caused by some blunt instrument, and n't by an axe. The Inquest was adjourned to to morrow. Two pervins are in custody. James Evans, who was a warehouseman, and Mary P. ice, a woman employed in the warehouse. COltN EXCHANGE, MARE-I.ANE, Fellll/Alrf B. _ The arrivals are but mail, owing to the prevalence of contrary winds. 'l'here is very little doing in the Wheat trade to-day, an! prices remain the same a , ' ou Monday. There are very few boyers of either Barley, Beans, l'ers, ur. Oats at market, au than pawns remain nearly nominally as reported on Monday. in neon Nis all teratiun.—Arrivals:—h:ngliA Wheat, 930 qrs. Bark :y. y•,. Oats, 31 . 0 qrs. non*, OW mots. Irish Oats, 3,100 ft. Fur.% Barley, (40 qn. ..i I