The National Register. — London, England, 1808-05-22 00:00:00

MAY 7" DAIDAKELLES. t • • - Mi. Ter ton then, in a speech of some length, but delivered in a very low tone, proceeded to descant on the Papers relating to the Expedition to the Dardanelles, on which he founded several revolutions, which gave rise to a debate, in which Mr. Thomas Grenville, and several other Members, spoke. After which Mr. Taylor rose in reply. The question WWI then ne gatived without a division. OFFICIAL PAPER. EDECTION OF THE NATIONAL DEBT, By Exchange of 3 per Cent. Bank Annuities fur Life Annuities. Veneris, 13° die Mail, 1808. 1. That it would tend to a more speedy and efficient reduction of the National Debt, and would at the same time be of material accommodation and convenience to the Public, if every pro prietor of 3 per cent. Consolidated or Reduced Bank Annuities . were at liberty to exchange, with the Commissioners for the Reduction of the National Debt, such Bank Annuities for a Life ' Annuity during the continuance of a single life, to he named by such proprietor, or for a life annuity during the continuance of the lives of two persons, to be named by such proprietor, and of the life of the longer liver of such two nominees. 2. That, in older to give effect to the aforegoing Resolution, every proprietor of 3 per cent. Consolidated or Reduced Bank Aunaities, who shall be desirous of exchanging any such Bank Annuities fur a Life Annuity on the continuance of a single life , shall, by transferring to the - Commissioners for the Reduction of the National Debt any such Bank Annuities, he entitled, during. the continuance of his or her life, or of the life of some other person to be named by him or her, to receive (under such re gulations as Parliament may deem it expedient to adopt) for every 1001. of such Bank Annuities, and so in proportion for • any greater sum than 1001. of such Annultih, transferred to the said Commissioners, a Life Annuity of such annual amount, according to the age of the nominee, and the average price of such Bank Annuities on the nearest open day preceding the day of the transfer thereof. 3. That, in order to give further effect to the aforegoing Reso lution, every proprietor nf 3 per cent. Consolidated or Reduced Bank Annnities, who shall be desirous of exchanging any such Bank Annuities for a Life Annuity, in the continuance of the lives of two persons, to be named by such proprietor (of whom such proprietor may be one), and the life of the longer liver of them, shall, on transferring to the Commissioners for the Re duction of the National Debt any such Bank Annuities. be en titled, during the continuance of such two lives, and of the life of the longer liver of them, to receive (under such regulations as Parliament may deem it expedient to adopt) for every 1001 of such Rank Annuities, and so in proportion for any greater sum than 1001. of such Annuities, transferred to the said Com missioners, a Life Annuity of such annual amount, according to the respective ages of such two nominees, and the average price of such Bank Annuities on the neared open day preceding the day of the transfer thereof. 4. That no person shall be admitted to be a nominee, either for the grant of an annuity for the continuance of a single life, or for the grant of an annuity for the continuance of two lives, and of the life of the longer liver of them, who shall be under the age of thirty-five years. 5. That the dividends payable in respect of the Bank Annul tie, which shall be transferred to the Commissioners fur the Reduction of the National Debt, in exchange for Life Annuities, shall be received by the said Commissioners, and shall consti tute a part of the funds applicable to the Reduction of the Na tional Debt; and that out of the said funds applicable to the Reduction of the National Debt the said Commissioners shall pay the respective Life Annuities granted in exchange for such Bank Annuities during the continuance of the respective lives for which the same shall be payable; and that the said respec tive Life Annuities shall be payable half-yearly at the Bank of England, on the same days on which the Dividends on the Stock, transferred for the purchase thereof may be payable in every year; and the first payment of every Annuity shall commence on the same day on which the first Dividend on the Bank An nuities so transferred shall be payable to the said Commissioners; and that upon the death of any single nominee, or of the survi vor of any two joint nominees, a sum equal to one fourth part of the Annuity dependant upon his or her life shall be paid to the persons entitled to such Annuity, or his or her Executors or Administrators as the case may be, provided the same shall be claimed within two years after the death of such single or sure _ • _ ~~ . r^sH' `*~ Vie: 'AL REM' Atkins Dansisee ; and that the annual sum payable for every ouch Life Annuity so ceasing as aforesaid, ihall fbencefirrth *revert to and constitute part of the funds applicable to the Reduction of the National Debt. 6. That for the purpose of ascertaining the alect of the mea sure proposed in the aforegoing Resolutions, with reference to the redemption of the Public Debt, a separate account shall he kept half-yearly, by the Commissioners for the Reduction of the National Debt, of all Bank Annuities which shall have been transferred to them for the purchase (deny Life Annuities, and of the Dividends receivable by them in respect thereof, up to the period of such account ; distinguishing therein so much of the said Bank Annuities as shall have been transferred in the course of the next immediately preceding half year. Abb, a half-yearly account of the amount of all the Life An nuities granted by them up to the period of such account, dis tinguishing therein the amount of the Life Annuities which shall have been granted in the course of the next immediately pre ceding half year ; and also of the amount of all the annual sums which * tip to the period of the said account, shall by reason v.? the deaths of nominees have reverted to the funds applicable to the Reduction of the National Debt, distinguishing therein the amount of such annual sums as shall have so reverted in the course of the next immediately preceding half year, together with an account of the amoilta of Life Annuities then payable ; and that in every such account shall be specified the excess in the whole amount of all the Life Annuities then before granted, above.the amount of the Dividends receivable in respect of all the Bank Annuities then before transferred for the purchase of Life Annuities; and' also the excess (if any) in the amount of the Life Annuities then payable above the amount of such Dividends. And that a separate Account shall also b: kept half-yearly of the Capital Stock. which, up to the period of such account, Abell have been redeemed by the application of the annual sums which shall from time to time have so reverted to tho said funds by reason of the deaths of nominees, and by the ap plication of the accumulated Dividends of the Capital Stock re-. deemed thereby. Also, an Account of the whole Amount of 3 per cent. Capital Stock, which up to the period of such account would have been redeemed by the excesses in the amount of the Life Annuities from time to time payable by the said Cummissioners above the amount of the Dividends from time to time receivable by them in respect of the Bank Annuities transferred for the purchase of such Life Annuities, in case such excesses had been interme diately applied in the redemption of 3 per cent, Stock, in the • manner prescribed by the Laws now in force for the Reduction of the National Debt. IRELAND. LORD GLENTWORTH'S MARRIAGE DERLINIs, MAY 14.—This morning, in the Court of Chancery;. the Attorney-General (Mr. Saarin).moved the Court on the part • of the Earl of Limerick, for an attachment agaiust Mr. William Beaumont, of Sackvilie-street, an eminent Solicitor of that Court, and against his wife. Mrs. Beaumont, on the ground that they had advised and procured the marriage of Miss Edwards, Mrs. &anatomies daughter, by a former husbancl,with_the - Noble Earl's eldest son, Lora Wentworth, who is a minor of only nineteen years of age, although a prohibitory order had issued • from that Court, cautioning them against such proceeding, and that the same would be considered as altigkeontempt. Mr. and Mrs. Beaumont's affidavits were afterwards read, in order to op po-e this application. Mr. B. admitted he was well aware of the intimacy that prevailed between Lord Wentworth and his daughter-in-law, but declared, that he ha I carefully abstained • from taking any step to further it.—Mrs. Beaumont admitted she was made very uneasy by the continuance of that intimacy, which had become the topic of public of public conversation; that she had, in consequence, consulted with some female frientU, ho thought the business would he best settled by a marriage, and that an intimation to that effect was some way or other, though not strictly from Mrs. Beaumont, conveyed to time young couple, who, it was admitted, were since married at Gretna Green. The cause shewn against the attachment was ;Ilion ed ar to Mr. Beaumont, and Mrs. Beaumont was ordered to ;Import , turtner personal interrogatorie4, the attachment not ID issue iR tile mean time. Miss Edwards, now Lady Wentworth, is It beautiful girl of 17 years of age, and is 'lieu to Sir Jonah Bar rinvon. The Clain was am izingly crowd'd. The Duchess Richmond was accommodated with a seat on the Bench, a near her were arranged all the fashion, rank, and beauty Dub . , • • • !I l iei T I~~i