The National Register. — London, England, 1811-07-21 00:00:00

• request Majesty, what shall be the fate of - the cargo of the ship Sophia, about which inquiry has been made by those whom it concerns. " 2d. To inquire into the wishes of those Captains whose eargocs are yet on board, how far they wish to keep them, or if they will discharge them, and lay them under guard ; in which respect the Magietrate is required to order the Crown servant, Burgomaster Kull, to do every thing in this respect in bis power. 44 3d. To communicate to all those Captains whose cargoes have either been discharged, or sti.dl be so, the most firm reso,- hrion of his Majesty to let them go to whatever place the!) , think fit, as far as the laws permit ; anti in this case those Lap tain6 shall directly have their s;211.; :Lod rudders re:,..oreki to them, as well as their ship's papers, if they inquire for them at the Committee." (Signed) " A. F. FIAIIANSON." List of the Ships, the cargoes of which are condemned ;-- Gostarva ' Capt. N. Peterson. Goode V.rvachting, Capt. C. ' Carl and Andreas, Capt. D. J. De Vries. Brulen. Augusta, Capt. J. M. Kunsh. Die Tugend, Capt. J. C. Pen- Amelia, Capt. J. A. Will son. cher. Fortuna, Capt. J. Rallis. Minerva, Capt. C. H. Lutke. F)rtuna, Capt. J. Stroiving. Provideutia, Capt. P. Aschen- Three Gebroeders, Capt. J. J. dvrif. D.intzer. IMPERIAL PAI? LI A MENT. HOUSE OF LORDS. MONDAY, JULY 15. Their Lordships met at three o'clock, NNhen Counsel being Leard in an Appeal Cause, tle House adjournt'd. TUFSDAY, JULY IG. . . CIRCULATING :•,'II'.I)IUM. Earl STAN ROPE moved the Older of th )ay for resuming the . adjourned debate on his Resolutions releoe to a proposed Cir cluing Medium. His Lordship was vertectly aware that the _Bill which fiad passed that House, ss ould not of itself be sufF.ci eta :.id that it that Bill passed into a law, there Would be a ne ces.ity, as the law would then stand, for further measures, with the view of establishing a fit and proper Circulating Medium. He admitted that that Lill was only a cc..:.t for a humpy; and that it was adapted to a distorted state of tl,i;:gs. He hail brought it forward as an immediate remedy fur a pressing evil, but with out hiving any idea, that that atone would he sufficient. lly that Bid, under the clause very properly added to it by the Noble Lords on the other side, land'ords insisting upon their rent in gold, could not distrian upon their tenantt—so far was undoubt edly proper. But then other remedies were still left to them, a tandlord insisting upon his rent in gold, might say to his tenant who urged the imposikibility of procuring gold 66 then rite must turn out." The twain might urge his compliance with al! the terms of his coveni.nts, and Lis-having laid out a large sum of money on his landlord'i , property, but still the landlord might say--" If hou do not pay me in gold, you must turn out." tie did not know ow far a Court of Equity might in:erfere in such a case. To think g circulating medium of gold neeessory was only showing that we were just at the commencement of civilization, or rather on the verge of bai barism. A Noble Friend of his on a former night had found it dificult to conceive the abstract idea of a pound sterling. He however (Lord Stanhope) could see no difficulty in fixing a standard, which should not be liable, like gold, to variation and. fluctuation. To make Bank Notes a legal temler he had a deci-• ded objection, from the impossibility, in transactions between in-• dividuals, of knowing whether they were forged or not. A man aftat accepting a I3an k-note for a debt, might, on taking it to the Ban lie told that it was forged—they would keep, the note. ...ad he would get nothier , for his debt. l'he security of the public creditor was, that he was certain the Bank-notes he received. *ere* not forged, because he received them ap the Bank of Eng land. Under the, system he proposed a similar security v..ould • exist, as every person wanting to maice a tender must deposit his Bank-notes, at one of the branches of the Bank, where it would. •-b immediately discovered whether they were forged or not, ond where he would have credit given him for the Sum deposit-. which eatry of credit he fright transfer to an o th e r, and which 'r, because there would be no read a letter he had received, already practised by a coun ming that tile Resolutions be ~ .. 450 TITE NATION. Dee- confiscated, as belonging to Prussian or Danish subjects' of which, the condemnation act shall be delivered to those who request it. It willdepend, however, on the resolution of his might be safely made a legal tender, because thcre would be 111 possibility okfurzery. His elArdship read n letter he had received to sho•,,,,_..rittgatti s em was alrezdf practised by a coon ,r4 - )• -% - . - ~, try ' 4.. , ,,: • - 4 4 ''• ' by molting that the Resolutions bl pri , N 'AIL ~. "-poticie z .,.... 1 ri . , wish to enter now into th , •-I) r • i x •• , . r4to by the Vqble Earl but w(:ul4 7 ,.. 1111 4• o l .., ' ' ' :7 ! 4,r'-1.. Or*.l . -te ......y 1.%).:: ... • N c M . ! V S AL REGISTER. only generally observe, that he had always considered it a safet and a better course to derive principles from experience than to lay down speculative principles to act upon, and to try whether those principles woulc: operate to produce the good expected from them. With respect to this second child offered by the Noble Earl for adoption, he should merely now say that he did not ob j ct to the printing of the Resolutions, but at the same time he wished expressly to guard himself from the supposition that he thereby approved of them. The Far! of LAUDERDALE said it was highly satisfactory to him to hei+ r the Noble Earl on the other side decline to .adopt this second child of his Noble Friend, but he still thought that to vote the printing of these Resolutions would be giving a sanction to them which the House ought to pause long before they agreed to. lie co;ild bring evidence to prove at their Lordships bar, if the subject was gone into, that three per Cent. Consuls had been bought at fifty •seven for gold, and at sixty-four for paper.—ft was als3 notorious, that there were shops in this Metropolis where two prices were regularly noted in gold and in paper. He was old-fashioned enough to believe that gold was necessary to a sound and healthy circulation; and he thought the House ought not to give currefic.v to the loctrines contained in the Resolu tions of his Noble Friend, by ordering them to he printed. The Resoltitions were ordered to be printed.—Adjourned till Thursday. THURSDAY, MI 18. Their Lordships met early, and beard an Appeal from Scot land, Lieut.-Colonel Alexander M'Donald v. Captain George Elder. Sir Samuel Romilly was heard f,,r the appellant, Mr. Grant and Mr. Drougham for the respondent, and Sir Samuel Roulilly again in reply. After which, further proceedmgs were postpOncd till to-morrow. _ In the Irish Areal, Dobbyn v. the Irish Attorney-General, the decree of the Irish Clianc-ny, after some observations from the LORD CHAN cELLoit, was armed. In tbg cause of a Wrif of Error, Hill v. Meeson, the judgment of the Court below was affirmed with costs, 1331. NIL Smith, from the Directors of Qreeiwich Hospital, pre sented an Account of the Prize Money paid since the Ist of January 1809, pursuant to an Order of tbeir Lordships. It was, on the niotion•of the Earl of LAUDERDALE, ordered that an Account of the Out-standing Notes of the Bank, refer ring with distinction to those above and below SI. be laid befost their Lordships.—Adjourned. FRIDAY, JULY 19. No business of any importance occurred this day. SATIIIDAT, JULY 20. Mr. Wit A %TON and a Deputation from the Commons brought up the Bank Note and Gold Coin Bill, with several amend ments made by the Commons; which, upon the Motion of Lord LIViR P 001" were ordered to be taken into consideration on lionday next (to..morrow), abd their Lordships summoned thereon. _ _ _ Th.! Interchanje Bill was ordered to be read a third time on Altruslay.—.Adjourned bo Monday. HOUSE OF COMMONS. MONDAY, JULY 15. GOLD COIN AND PAPER CURRENCY. On the motion from the Chair, that the Gold Coin,lMO* read a second time, . Mr. EDY.N arose. lle felt himself somewhat embarrassed on la subject otsuch importance, and which had been so very ably discussi.d by both Houses; _nor :would he have troubled the House -iwitir his opinion, had he not deemed it . his duty to make opposition to a measure, to which he could neither accede in prnicipie nor feeling, and Which was totally inadequate to perform the main object of its constitution. Ile would not cc nsidur what were the opinions of his Majesty's Ministers upon the subject, nor even what were the opinions Of the .Publie tt sYlf; but, by • every estimate and calculation which could .be made, it sp;peared that the paper money was, depreciated. The measure adopted to heill that want proposed nothing. There was a maximum required to give stabtlity to any legislative mea sure. The Restriction MU of 1797 was hurtful in its establish ment, and injurious in its ?continuance; . and the measure ie• tendtAl to remedy the evils which it had created, only tended to make them more lasting. it was only a patch-work. where nevi regulation Was required, extending itself not into Ireland, which was considered us a part Of Great Britain. jj id his Ma jesty's Ministers avow their desire of making Bank-notes. a legal tender ? Assuredly they hinted at it, but they had not the firmness to make the e xperiment. To constitute a real cur rency from Bank-notes might exist awhile in tte Journals of .. • -A