The National Register. — London, England, 1818-05-04 00:00:00

MAY 4. Church, prieutonninificence ns well us public bounty ; an it therefore, right to bold out the inducement of patron_ age, lie had int ohjectiou, however, to a restrietiou of the power of preseutntion to two turns. But ho thought it , o vital to the !till, that if the Committee, which was now Oil:, shonld reject it, het:11001d submit it to the mature considera tion of the House. :1 short debate ensued when on a division of the Vense the clause was rejected by majority of .;:). Alter several other Alotioui of minor importance, the Limbo adjourned. Ft:IOAR. BANK RESTRICTION.-CURRF.NCY OF TIIE Mr. Ts rit N ea rose to call the attentien• of the House to the state of the Currency of the Country. He bad at present to slate them in round munbers, a f led debt of eighteen hone Bred millions, and this, it should be -considered, was the debt in the third year of peace ; and if the floatisig or unfunded delft were sailed, the whole of the debt might be taken at titO eniilions, which certainly was a most appalling emustanee, omisideeing that we v ere tor three years. at tame. with the world. Thell, amido eonflicting views the great question was, whether our ei edit Avoid he bottomed on a paper cur rency immediately conyertahle into cash, or on one which was only the representative of itself. That our credit should rest loam the tinnier,. he believed there wag no man,. however iguorant of the matter,. would be prepared to deny. Lut then hew did it happen that in the third year of pram it restriction of cash payment) should be lotted necessary ? was one subject which should lead to the discussion, and which required a must• minute inquiry. The contiutiance of the bank re a triction Yee: the result of a complication of dealings between the Right Hun.. Deutlemau and :he Directors, which collid not be expressed by any one word, in the English language. W ;mu Mr. Pitt brought in his Bill, lie stated the reasons, and p erful ones, for the restriction; why was nut the example imitated upon the present occasion? Were the Bank Direct ors consulted upon the present occasion.? Did they declare, see they had dime on the formeroeciusion, that they were ready to pay If they did, be cointisee no reasuit why they should riot support his motion. If they saiihtliat they were twaready at prssatit, he would ask, with what face could they now oome to got another year to do that which two years ago they declared themselves ready and willing to perform? Had they, he would ask, represented the danger which they thought likely to arise to them from foreign loans? The Chancellor of the Eaeliegner himself could not have been ig norant of them, tor his Hon. Friuli, (Mr. Baring), who was a principal coutractor in one of them, would nut have entered into such a speculation. without consulting with his Majesty's Ministers, or it he uaderstood from them, that such loans mould be likely to be prejudicial to the country. With re.. spect to the high price of gold, be would ask, was the llouse ready to set aside every thing which had been said upon the subject by the BullioraCominittee, and say that the issue of paper had nothing to do with• the price of gold ? The Bank had in their posessiim a great quantity of gold and it was on that they bottinuine their ability to re. slime cash payments. sow, it was clear, that if, from any commodity Su the mai ket e a large poi tiou was subtracted, and a demand was made fur the remainder,. die price of the remaining portion must be iacreased. These were consider. atious which should be eliquireil into before tho Hoiae refused the Cohunittee. It was also plain the lending money to the French Govemment was jam the saute as investing it in the French Fund:. But it did Dot appear that French loans for this year were at an cad, lie would explain ihis to the House. The mode of rais ing loans in England aud France were quite different. If, for in. stance, a lour ot on. million were to be raised. here, it would be first contracted for, and Parliament would be afterwards called upon to provide the means of paying the 50,000 L interest of it. But in Ittawee, if the sum were required, a perpetual annuity of a certain reboil of unites would be placed at the disposal of the Minister of k finance, and he would be left to provide the million iii the best man ner. There was another point on which he differed widely from the view which the Chancellor of the Exeholuer seined to take of the seket of the lien. lie had assumed, that all the money a hick the French GiKerninent were to receive was to be sent from Us in gold. Tnis was a very erroneous opinion, and quite inconsistent with the prat dee. But if gold were sent out, what should prevent its return ? 1 he Learued Gentleman bete proceeded to state what to him ate pTarcd to be the cause. and strongly reprobated what he conceived ie he a breach. of goon faith to the public, and a fundamental princi ple. It would be much better to say at once that the Bank would -:at pay at all in cash, theta by veal:ming the Restriction from year to year, to affbrd so littleh room for speculation during the sir months that the public were ignorant whether the Act would be renewed or Sot. Much alarm had been cached upon the subject cf Bank pay - teg in cash, but no violent concussion would arise, provided the 'tank would gresluelly and cautiously apply itself to the resumption of cash payments. Should the Howse think tit to support We plum of the Minister, there would be no security for property. 'Twenty years ago, the present state of things could not have been believerh—i :Item Conanittee eid nothing more it would rescue the diameter of the country. The Right lima Gent.concluded by moving, first a Select Committee be appointed to take into consideration what re striction, if any, should be imposed upon the resumption of cash pay ments. and the state of the paper and the metallic currency, and to report the same to the !louse. rhe Our:es:teem of the F.xCItF.QV ER had listened with much attention to the long undulde speech of the Right flonourable Gent' however much he differed frota him in his couclusion. Much cam tarot had been made upon the recommendation to continue the selepensem of cash payments. What he had formerly stated as a probability on the cubic tof foreign loans, he could then state as a niet. He could see ho ground the the appointment of a Coi mittee. as its labours would in all probability be unsatisfactory, and would leave the question in the same uneertaioty es before. The Right ilonouralae Gentleman, (Mr. Tierney) laul stated, that a large in meow of liankosotes in die csierai el' part of the last year. but he had not ate. to tke great alteration that had taken place in the internal state of the country,which haul been greatly improved within (bat period. - 11 w foreign trade had inerea-sed six miltiona and the internal trade touch mere. The Government paper had not Mere:wed. It had been stated the price of gold had been affected by the isllt! of Hank-notes, but that sate:neat wes erroneous. The quantity of paper taken from the awoken, by the Dada was stated by the Right t Mnourable Gentleman. to have citadel the pike: of gold. But what was the fact ? In the month of Jaawary, tests, the number of Bank notes in circulation had been twenty three indlitins and one timusand, and the price of gold was then 51. per MICR. lu 1815 the euraber had increased to 26 millions, whik a( (hoc same time in di rect opposition to die argument of the Right Honourable Gentleman gold had fallen 11.4 a. the mince. To what beneficial purpose could eiquiry tend at present u. rune of the thing was well known. a Committee could communieite no useful infonaation upon it, and tileir Labours would lasidee be quite unnecessary. As to the circum stance that might arise after the lapse of that time to render a further consideration neciesaiye it was not in the power of airy Committee to foresee tram. Great blouse was imputed to hits (the Chancellor of the Exchequer) for the rise whieli had taken place in the Fends. It was sAid t.) have lawn done for the purteae of lowering the interest of trainee, and that greatcaintalists ulone were the persons who prolitred he it, and tunast•il huge fortunes. But did small dnalers derive no *deist:tag • from thee fir: 1-114 they not v.* their proportionate share THE NATIONALRPGIsTrn. of profits ? The consequence of this rise in the funds was • general improvement throughout the country, an increase of confidence, and a rapid advance m every branch of trade. After three y%•arti peace, and after a war of such unprecedent sl duration. they might still witn truth 40, that there was no country whose Finances had su greatly improva. No other country had yet made even any ap t:row-do towards the payiueuts of her debts—while they had ths- Charged to die amount of 50,000,0001. deducting 13,000.0001. of unfunded debt raised within the period alluded to. In nu other country were the taxes diminished in cone, of the peace, America alone exrepted. The ground upon which a continuation of the Bank Resuiction was proposed resolved itself simply into this, that foreign loans had been, or were negotiating which must nom rally and inevitably l: ad to such effects as to render the resumption of wish payment, highly impolitic and dangerous —Under such circttm stances, no man in his senses could propose a measure of the kind. The Bank had already - made the experiment of a partial and gradual reiumption, specie to a considerable amount had been issued, and the consequence was. that 2.00u,00u1. had been soon withdrawn from circulation to supply the demand ucca , ioned by rurtign loans. An inconvenience lie would admit the Bank Restriction to be, and one which he was as anxious as any other person to remove. It could not be permanently adhered to without injury to the country, but the lion tt, should nut risk a formidable danger on one side, to avoid an inconvenience or. the other.,which was Only proposed to contimx for a year, and was after all. in a great meadure, but visionary at.d Thu limits of our Paper will not allow unto give even a fair outline of the many able speeches made on both sides f tl.is intricate and important subject. Mr. Tr Lust r:e's speech along occupied two The House having divided on the Motion it was m:gatived by a Maority of orp. I t he Bank ltestriteion Dill was then read a 5...a): . .d time ard was ordered to be rouinutted on Monday next. The other Orders of the Day were then disposzd of, and the ilouso Atourned at three o'clock. AGRICULI REk'ORT. From the continuance of wet and unfavourable weather during the greater par, of last month„ :owing the Lent corn was necesJarily de kyed ; and even bean setting was scarcely finished upon the most for ward lands. Within the present month the greatest exertions have been made, the state of the lands having been much improved by the late drying winds. In some of the northern :sad backward districts, bean sowing is scarcely yet finished, and the spring Eeed season will be generally late ; upon forward lands it will net be so late as had been expected, and all the operation:: of the husbandry seem to be carried on in a spirited and eti . ective manner. The wheats have ben greatly injured by too much wet, high wiuds, sad the changeab!c tiess of the weathombut no where to that degrectc preclude it :prop mcnt, should a mild and genial season succeed. Rye grass, and clover, are a good plant, and coming forward amaze. Clover aud grass seeds plentiful and declining in price ; importations of clover seed having Inwle up for the shortness of our own crop, and badness of the sample. lisps rather advancing iu price. Hay and straw fodder in great Flenty, yet the cattle abroad in most parts have not done well, and will go to spring keep in rather a low condition. Tur nips, often in great requet at this season, have so abounded. as to 0:Caii011 the necessity Xgiving them away its order to clear the lands. In some parts, they LAI been drawn and spread upon grass land for future use. The country kiss been well supplied with live stock, for which good prices have teen obtained by the traders and dealers.— Wool still a I vancing on speculation of the short crop, from the great mortality which has taken place amongst the sheep and lambs, in consequence of the rot. Cows and calves dean. Horses of zilade scriptions at a high price, and nuddling cart horses more in reqaest than fur year; past. Prices generally satisfactory to the fariti,,r, and a fair prespict of improvement and plenty. inc desire for a com mutation of the salt duties, universal. THE N/iVI PLAN OF FINANCE.—The following fresh notification upon this subject was communicated with the usual formality to the Gentlemen of the Stock Ex change : " Treasury Chambers, April 28, 1819. " Lord Liverpool and the Chancellor 61 - the Exchequor Piave, upon the application of several of the Sis-ribers for converting 3 per Cent. Ansinitics into Annuities at the rate df 3/ pea Cent., consented to place persons who have sttbsetibee 2J WI. tts:4l less than 30,0001. 3 per Cent. Annuities, upon the same footiog :is persons who have subscribed above the latte. sum, in regard to the period fur making the transfer of d5l per Cent. upon. the sum subscribed. They have also consented to postpone the payment of the Instalment npun.tke Exchequerllills which may be subscribed to be footled at the fiallowing periods, vie.:- 15 per Cent. on or before the 14 of August,,lBlA. 10 per Cent. ou or before the 3d of September. 20 per Cent. 011 or before dm 16th of October. 10 der Cent. on or before the 27th of November. 10 per Cent. on or before the 11th of Qeeember. 10 per Cent. on or before the 1;411 of Antny, 1819. . . _ . Andtlie remainder on or before the 19tIt of reb.1919. ". In case Money should be paid in lieu of Exchequer Bills, in discharge olany of those Instalments, one per eent. on such Money Payment, and Intel cst At the rate of 2d per cent. per diem, from the Ist day of Angoist to the day of payment, must be paid according to the terms of the former notice." KALEIDOSCOPE.—A new optical itistritinent, called a Kaleidoscope, said to be the discovery and invention of Dr. Brewster of Edinburgh, is at present all the rage in the me tropolis. With the aid chiefly of two longitudinal darkened pieces of glass, placed at a certain angle' inside a circular tube, and song: common bits of coloured glass at the cad— optical allusions are produced by. reflection, ofthe most beau tiful colours, shape, and synsimtry, and in form ever vary,. I,:g. Such is the amusement with this simple instrument, that the Doctor'il . Patent is Outlet!, 1611116mm:it anti glass-ent. tees are in one universal requisition. The invention is likely t o h e o r g ccat milk to calico and printeis, by pre. t hem figures for patterns in satiety of form and beauty unparalleled. On Smithy, the 19th ult. off Cardin Point. about 14 miles from Cambletown, a larg e whale was discovered about Mid channel. Mr. Campbell, of Cardin, immediately got four boats maimed and armed with every offensive weapon they could muster. bituselfaccompanying the expedition. As !boy approached, the peaceful Arctic wanderer lay slumbering on the ocean, and aypearell to be in n weakened cniAtion, which created a belief that it would prove all easy ; but on coo ;; itt to close quarters. and probing it with their %visa poles, it evinced a vowel fill activity, Lustantly plunged, and made considerable play, playing the assailants in imminent danger. Notwithstanding the hazard, they continued the pursuit, and finally succeeded in towing it into Port Rea, at Cartlill. It tatililltell St feet in length, and G 6 in circumfer. Fence. Vexes tams .licit;' is a saying which s o me f o ll o w sera imlotis4 to the letter, heat we °need; I a Prince a fin thou: ht more sagely on these matters. s'flie Earl of Warrick risked Ilcory VI. us by it pleased his Iltujesty to go so mean ly attired ? Tin *iug wastaPred—" if Itt , llteiitS a &lig tOCXCEI liiisubje.tts in Virtue, out in Vesture." 139 2 From the LONDON GAZETTE, Tuesday, April, S. p BANKRUPTCY SUPERSEDE'S. -- • • • Witsom It. MAnctlester. innkeeper. - BAN K It N'TS. Waco J. Claines, Worcester, butcher. May n, .23. June 9. at Worcester. Mt. Mr. Bear, Devonihire-street, Quern's-square. PitliSTON T. sem :Macclesfield, Cheshire, victualler. lqa) 7. 13. June 9, at Nlacdesfield. Atts. Clarke anti co. Mowery-lane. IlAuttE it 11. Hradwell, Derby. lead merchant. May 13. 14, June 9. at sh e ifid a t, Att. Mr. Wilson, Creville—trect, 'Litton-garden. WILLIAMA .1. Shrewsbury, innlueper, May it, 11, June 9. at . Shrewsbury. Atts. Presland and Co. Brunswick-square. rowELL W. Britekbtuy, Hereford, fanner, May 13, 14, Jute 9,, at Hereford. At. Mt.l'evtrats, Cray's Inn. STANSI'II3.I) A. Holebtatom, York, fu.tian-rnautifacturer, May 9, June 19. at Guildhall. Att. Mr. lle.auctt, 'fokcahoust. yard. - BLl:nrOn J. OW Bond-street, mach-maker, Mav t. 16, Junc 9, 'it Guddltall. Att. Mr. Martin. Fitzray•btrect. Fa:coy-square. DIVIDENDS. J. Richardson, Kirkby-Kendal, Westmorland. house. carpentae. May 11. M. Sewell, Lincoln. wine-mercleant. May 21. • ^ W. Wilsoo. Coulee!), Lancaster. tanner, May 49. It. N. Roby. Beccles, stitflk. linen weaver. M A y Y 7. 8.. Leader, Bristol, earthenware dealer. May M,Calaum. Ittidlington-quay. Yark, master marinsr, May :g. B. Hawkins. Bath, ow:1111.14AV. May 2 5 - .1. Tenfold. boring, Sussex, tamer, Maygl. J. 'l'weedale, F.ecles, Lancast..r. esteem-s p inner, May 20. A. Milligan. IVellingtui., Shropshire, draper, May ti. li. 31unro. tipper Tham.:s-street. merchant, May Id. A. Itrvrksbauk and A. Moody, Bermondsey, tanners, May 30. T. Chamberlain, I.isson g rove, victualler. May 30. J. and .1. Nesbitt, arid E. Stewart, 3.ldermaubury. ruezehants.... May If.. J. rued, Canton-street, merchant, May 30. It. Linder, crutehed•friars, broker. May 30. S. Durham. Harlow, ElieX. innkeeper, May 30. A. Bails, Ilomeenl. iiinholder. May SO. J. T.Von Hein, Chamomile -street, merchant, May .18* C. Von Harten. Leadenhall-strect, merchant, May 43. It. W. Schnieder. Berchin-lahe, merchant, May 30. W. Deacon, Bermondsey, dealer, May 19. S. Halemw, Trills/gar-square, Stepney, mariner, May 19. E. Newman. Lambeth-marsh. brewer, May T. Holmes, J. Harris, and J.l). English, Leng-scre.coach-miecri, May 19. P. D. Abbott. Powis-place, Great Ormond-street. insuapstee-broke, May 5. J. Stone, Blackwater, tailor, May 19. G Stolworthy, Shoreditch, victualler, May 19. W. May, Crispin -meet. Spitaltields, Bonsbasin-weaver;9fay 3n. S. Beasley, l'arliament-street. Westminster, army-accoutrement.- maker, May 16. J. Tripp and J. Dyer, Bristol. wine-mercbpsiti, May tg. 'f. Bullock, New Laith, Lancaster, cotton-spinner , May 19. CERTIFICATEe—'MaY 19. J. Hinde, 'Liverpool, money-scrivener—H. Aiinsworth and ter. Davies, ftolholt. Laneadaire, whitsters—T. sleeve and J. Leigh, 14ueklershury, warehousemeu.—J. liandev, Horr,sey-lane, dealer in drugs—J. Bryant, stn. Barnet. innholder—S. Joseph and W. liughes. Winchester-street, Broad-street, irerchants—l. Wai!di love, Llndon lerrAce, Haekney-road. sttineinason—C. Ilildehrant. cote watt street, picture-seller—G.ldon, Bonsai. [)etby, colour invittlactutc:—.F. lietener, Thorpe-within-the-SoVn. Essex, grueer Naish, liaverfordwest, liiiendraiicr—H. !iuglset, Liverisx4s joiner. A fc•v days since the butler of the Hon. Colonel Butler purchased at Reading on mince of salts, and some oxalic acid fur the ptirpou: of cleaning boot tops, both of w Inch lie mixed in water, and the next morning swallowed what lie thought to be the salts, and was immediately seised with the moat ex cruciating tocutre. Ile hastened directly to a chemist's tior relief; but scarcely had lie teached the shop, whim lie ex pired. He had heed many years in the family, and was •h respected. Lately, white two officers were conveying to Aberdeen .1.6 r 0 0 1, from Kincardineshire, accused of sheep stealing, and who was indicted for trial at the present circuit, he made *sudden spring from between them, and threw himself over. the parapet of the Bridge of Dee, where he fractured hi; and died ou the spot. An Inquest was lately held at Holland Fen, on the body of Hih, Li years of age, who in a pugilistic encounter with another boy, fell several times : the last time, he complained ofapain in his navel ( havingbeen troubled with a hernia). Soou after he carted on his road home ; but when he had got about half way, he laid down under a hedge, and continued t h ere th e . whole of a severe night ; and in the morning walked home, but died in two days. The Jury, who had the advice of a medical into, retnrned aVerdict— Died from the erect• of a Strangulated Rupture, brought ou by too great exertion. _ . en 11 eslnesday a fire broke out in the back premises ad joining the house of Mr. Price, plumber, Ness-cut, Lambeth., nearly opposite the Cohourg 'theatre, whirl, in the course o( halt an hour cumpletely destroyed the house, and set tire to the adjoining one, which is in the possession of an orange merchant; the latter house was danta, , eil but little. The fire commenced in the work-shop, irons a quantity of wobil having been put on the tire, which conimunieuted to some clothes which were on a line hanging to dry. Very little of t h e e m air l iee was saved. No lists were lust. Several Ilion , sands were assembled to witness the conflagration many were drawn to the spot believing the Cohniirg Theatre was on tire. Among such is unmet mos assemblage the thieves were very busy—one was detected eat lying away some lead ',clanging to Mr. Price; anuther was scetnzd by Gott and 114, taws, in picking a gentleman's pocket. The tide was out, or the greatest part of the premises would have been laved ; but water was 1101 to be got until the flames had ex. tended to the whole building. :11r. P. is not insui ed. m in, named Alford, furinerly in the capes-ity of gardener sad game-keeper to the late Countess DO A.sger of Chatham, at Barton Pyiisent, was al 2$ years sinee couvic tett at she S•1101.11 - S11 ASSiie'S Oh fOrgool4 two leeeipts, aniumitieg to some thing le , . than 101. Ilr was accordiegly senti need to death but great interest having been used in his favour, he was se nits 01, soil the sentenet roneunted to transportation for life, and lie was almost iminorlialely sent off to liotany-bay. hi consequence of his skill as a workman, he 'oceanic nsefol, and wit. employed us heiul gardener in the Governor's gar den, where he appeared to have merited the good opiniou of h is em ployers, and continued there until about 12 mouths since, when he pentioneillte G(,liovterrolirio,r,rt:oirillt!.a„viseeqttoienrec:isoift Ills I ll i a ea vi r n i g ial Co ve nd e l u ic u tn rY liiinself, as he expo essud it, " to his 'Mire satisfaction." granted his request; and oil :vilect.ty the 13th inst. he arrived at Corry Itivel, near I angport, ;slime Ins wife with part of his family lived, in an extremely feeble ...late, aged 81 yukrs; and their he clyitt.il on the 'llturatla tullownis.