The Statesman. — London, England, 1819-02-03 00:00:00

1110:11 awed as to the propriety ■ot{tta for a Committee of lovestigatioe. fastead, however, of &nig any credit to Government for their valise. D oss to asset a substantial investigation, and orating tie Committee with fall powers to carry the lavasti. gation folly into •Aert, be bad confined his bluer's. does to a general invective sgriest the Treasury, kith respect to the render* of which be could with confidence chilies/A the instals? spirit of the Right Iloacerable Gentleman, so loos as he coo lifted himself to facts. It was tree, be coold not iff that the resemption of rash payments, however . . desirable, could take place at present: bet this he could cenidently assert, that ■s far as respected the wedeinpiiun of National Debt, this Polslie Debt had Been mote reduced within the th►ee last years, than had occurred prerinasly shire the HeroNilo° iii France, doting which, not leis than from 25 to 30 millions of the fended debt had been rained ; be. sides which. • considerable diminution had taken place in the taus fur the leer. This statement he la i ...de for the purpose of showing merely how toon•letinn there misted for the invective of sh s t Med Hue, Centlemon ss to the krishnes and tete, seat of mottos, nn the part of his Majesty's Ministers, as well as epee the charge of imbecility in thek transactions during that period. He would hare •Polted, for the sake of the Hens@ and the reentry, tiley had game Into the enquiry with sees of form and preperatioe, as well as less seriewsey discossloe Its privacy. Yet be still hoped little p.bllc ansiety would b. *Hailed, •nd less of obsti. ..el of sentiment or prejadico would be incited in Ole Mods of lb. Members of abet Hoene by what alrsady fallen from tits Right Hon. Gentleman. Tbe test gentles before the Hesse was, whither the entioiry were or were not noresslry ; epos this• . . . subject all Ittf, of ea. rsiud. Upon the openiug of gisrliseent; It had been his imitation to propose a further sespeneles of soils payment., without repre senting to the Meese say *messily for 'squiring into the state of the Bank of E9land. In the last Ses sion it had been sa.d, that irvestlgatlna meat nears-, eerily he the result if a continueser of the Sequa- Mon should be determined upon. Ile had, however, iptagined, that some matters concocted with ibis 'object had attained so great a degree of wirteriely, that Parliament teneld base dispeased with mere pot lifolar infortnetion on the subject, prior to mitering fetes resolution of this temporary *stare, agreeing to tether aspersion for a short time of cash pay ments. Amongst others he should seetion the pro. fraction of the French loau, es pregnant with ie ._ portant conreqyoures to this registry. This promise. "Wu originated in over estinisting the upshilities at trance, tun Itabdity of which depended women her iredit abroad then on hot monied interest at home. He then bad liesened, that wen the enquiry pear. pored to another Session, the monied doraagemeat ?f the Eatopme Powers would have had time to ad jest thestelees, and thing' be redwood to their Weer level, as previously to die war. To this ordleary taste whiter Austria, Prussia, the Haberleads, *or ym the Government of Russia, nor seem that of Ase. • and yet returned. All these comities wens etrogeling with the same dillieulties in point of wo oled resources- la this_sliapositioa he remains till -ab0t.....t0e sw.siww out rho littgler Nosieorelde Gee. ' Milan. Ss Slot leases,. Hs was shortly after waited os by the Bank Hepatitis', who Mated to his, that even a detailed enquiry into their con cores wield be preferable to an extension for so ah.rt a period—filmy, hear, hear! frees the Op poioieel Avoid the espectatioo be reined, It week' be preferable it Amid no (eager be 'n etted without a probability of its being realised at the period neat assigned. He should have ittouiht sett cleanest it he had not availed himself of the ad vice of preens so competent to give it. He regret. ted the motion of the Right Honourable Geodesists went to facade iite greyed. open which he bad pro. prised an esaininatien on this subject, the express and primary object of his motion being the ineestiga Hon tato the state of the Bank, whilst the Right Honourable Gentleman referred to the effects pre dated ore the foreign eacboinges, end the state of. the circetating medial's. What sort then of liittiittioa would this be to the Costallts, wide. is this ease would be restricted solely to report ma 'easier releasing cash payments arising from the rates of foreign eachasies 3—[/leer, hear !]—Here, Hoes, so proper subjects of lovestigeeiots had bass pointed sit to the Committers. Time fiat object of their en quiry shook! be into the present state of the Bank of England, with a view to ascertain if it were in a ailistion to resume its cash pyrites's, in which *a estivation nosey ether topics of a collateral estate would be included. So far then his notice had been sanctioned by former precedents, as other Commit tee, appointed to enquire into the sate of the Bank bad been secret. Iles object is this cam was, to ob. tain from the Committee a Report, as to how far the Hook iris hbio to moose their cash payments within the tame limi ad by law. He could not help torsi. defies the idea estrebsely singular of dividing these two topics so inseparably concreted, as though they ought to be the oppropriate business of two distinct and separate Committees. If the research of the Ileum were divided iota two distinct Committees, the onse bad better have preceded the other, as they would be waitsally deprived of the information defiled by each enormities in their separate Chambers, until their It.ports came oat, most probably simaltagooogialy. In every instance of extension of time, the possible periods of a renewal of cosh payments had hem so arranged that they should comer within the period ordinarily preactibed for the Sitting of Parliament, lest any unforeseen inconvenience should arise from their isinlity to remise cash payments at the time appoisted: which, If It should occur when the Par hapset ware not Miles, might be productive of east 1Y extensile and series Inconvenience, mid gm doubt creates great fernseut is the country. To refer to IL. 'objects appr• piste to be referred to the In. radiation of this Committee, the mond world be to consider the espeollenry of such resumption of es‘h payments by the B•ith on the 5 it of July neat. it Owed eppear intapeoliepo, the thins object ws old be to obtain from them a Report of the causes operating so as to render it necessary to defrr 'loch ersomption. A fourth would be a detailed Report of rite number of Book-notes now in chcalstion, in It. self very important, as intimately connected with that resouoptisto. Tree fifth would consist of a Re. pat of lb, esters sod eperalien of the feeeign mow elfictiog et present ear uneitentile reltitlesio, eolith* Htlichslptes ow ewe tradileetiwee with dereige natter& IThia 'weld aptlg inclasde the cnosideeation of the iffeet of our late ware with foreign States, together wail the immense loyertatioe of grain into this coon try, anti also the cooaidersble daily investments of Btltish capital id Isketgat clithates. 'To bring eb en. glary of rich en impethisalsowdestensini ',afore t • a setcessfel result, noildeg, was ewes• weeessory, not even the combination of intelligence of every de. seription in the Comm i ittae,,then a principle of scion in the great object, which would only be preserved by divesting their milldiVf ill private or party feel log with any thing litemplicietssrminatlen tosoptejedice on each respective topic..-iir will wow essirsherml to hope the Iti s lit *wild mot ph. ject to the motion pa psodelledly him, merely be cause it had not militated with himself, as he felt that he was bound by a sees* or public ditty, as well as private feeling of conviction, after the most pia.' tare coesideretioe of tki 'subject, not to abandon the opinions of himself tid his colleagues for the sate , purpose or 'media' to a motion less perfect than that which he bad subsequently submitted to ' th eir consi deration. The Rigtft Hon. Gentleman then con. chided, and proposed en amendment, that that part of the original qatetion iftet the word `:appointed" *obit! be omitted, and the following elbeWeted " To esquire asss the state of the Hook of Knit will re- Ibeesioa to ire eifirede• or, .f the Remllipliell •1 at the period Said by taw, sod into wick ether Inausess os etee connected therewith, sad In report trills Rims thereepope as he as the ',oldie •afety *Weld permit." A MEMBER, Whose 'same we could sot learn, said, that the must qoestion was one of sects mag• eked', that tbe very assistance of the country de pended on it. A few iadisiduals only knew what the restorers of the country were; sod ell that °the , . knew was, that we had en ennimoes circulating me- Idless• Th• Minister Itimnif 510011 forward, and la id Alit he didliet errderstand the circemstances of the je•Setry.—[fleer, bear :11-111e hoped that every Weal* of that Horse who was interested in the Mathes of the nation, troold testify his lore for his country, by supporting the Itir4ht Hun. crentlesen who had first brought (inward the matiern.w-[Hear, hear!] tinevel Members then claimed the Mitoticn of the Hesse, and reference brit.' mode to the chii4, the Speaker said that Mr. /rani:laud I4SM Mel ins caught hi. eye. Mr. Ir. LEWIS. like . elery other Member in the Hone had listened with adanirstioe to the essence ch spee ' of his Right . llnu. Friend, bstltH his ergs. Wet% however eiefiriiitsa- had Lew been ISSOrthrearn4y ei•eireteurre uttered by thelltAanceilet &Se Excheqeer tiffirillntebee was ato heltnooledg.. Illeet4hat the Hoek woes *ogles prepared to recce their trash payments, and a•eotroaty thaltarlsameat would appeiut a Cometitteele loiter igete slid lea aid to assist them. Before he timid ceineel Ist thk call ea the pact of the Bask, he mast see the Beak maki some attempt oo thetptst. Tins stiey ritith2 by reducing, to aslant ot, their t4br i ci lion, sod we what they were able to do. Ile wish, say to them, es Jr for is represented to have milt to the weggooet whecalled on hies to eitaitrin Ott deg his wafgeo oat of a slough, ss Wit fillerihrt4 - din to the sheet, sod exert your awn toreogill, tied then, if you call goo me, I will help yea" ' Hoe. Geodesists straggly reprobate , ' the present sty ' tem of fictitious capital and riches, which fed i .videals into speculation., which ended in their roles Re implored the /ilea to return as fast as possiblat p I to the good told English kettles, et pay meet with as latch, he satid,,alene would seep the country. Lord CRSTLItitEACII could not but consider tbe present geebtine ea s)ing in a very Darrow cola• shin, wrier alt parties are's.ner egreed so goirstiale las great, important, and extensive eoqoity : debug% k Most ley, that be bad .`feed in °piston with his Itiabt lieu. Friend, that lite lotions on cash ferments might, epos' obvious re sons, bale been eiutlueed for a short period, witlieet • farther see quire. With suspect to the Rank, he was in justice tfsend to say, that they had acted as hossiserabi.. meat add as good Mittens. The Directors had mated that they were peptised to resume cash payanitits at the time appointed, If they might be allowed to'condect the straits of the Rank only with a view to the in terest of the Bank, and to shot their ears to ail the wants and supplications of the Puhtic. They said, we (the (lank) can take care of ourselves, if yon at. take eat.. of the Peblic, which we cannot undertake to de. This honourable declaration. on the part of the Bank, bad shown the necessity of a farther cos tioaatiee of the Rettrictious ; Old stew an !itself', ores about to take pleas, prienterely, as be ellOr doted, as leformation mere satlirseto Public would bate been obtained, by deteng equity till neat Seuion. The [tight floneure Gentleman bed conceded the two Condit , f' sow enderstood that the Right lionotitable' man was content to have one Committee. VIA, heel the Right floe. Gentleman, it most be an i Committee. He bad no objection lb an open ait elitist, except that the Hosea woe' noir about to make a prisateniqeiry into the affairs of the Bank; and be thought they were bound to guard opium partial and prbled automata, and for this reason, he opposed a Public Committee. Did he understand the Right Ron. Gentleman to give up the Public Committee ? Then all the differeece now between them was, whe ther the Committee should be appointed by ballot or otherwise. - [pear, hear, Aear!]-11614 was Out fast point to which a discomfited party could retreat. It appeared from this, that tha Right lioo. Geolleesee was Completely nested. Government gave Sim en quit, ; they conceded to him a Committee, and now the Right Hon. Geetlernen, who was the ablest Alf wisher, esti the best hand at covering a rarest, of soy General su the Howse, at., drivels to he list re source, a ballot.—[User, Ae;sr!J 'lle could not, hemmer, 'troop this to the KWH (100. Gentleman. No treated the Right Hen. Graders's and himself should go together loin this Committee, and 'eon, eat again, as obey Lail dont, on former occasirma, with better opinions of the Cesiblllee, and of each Cher. than they had en toning lt.—[ifeer, Liar, Lear !]- 7 11, agreed wish lb; Rib' Gentleman is to the importance of 'lsis questlen.llt was, indeed, l one of vital importaisee-it eat one in which the Bank was only as a Ifypi.a spent." The qssestian was, whe•l.ei, by a pleitiVute opeiti..g of the Basil; and resat:ova in cif cash rimenta, commerce "head be reined, and the contactual teeth! lititfalktit IMAN: thane taut ctiefeetten. thil Noble T,Orti 'thehltiot melded 10 contend, that tan resiennition of ewes pets eters, in the. present...kr of ibises changes, ,wosaid entail an our pencapiest ell°, of ." l''se 7 ./ 44 " cent, and tern the Bunk into en exchange for kyokpm and jobbers; s. oar ineimiacterers afield ha vornayll• pets with gold V2l. 1%. et per °GAM; VOMIT:, op was new' Me rele,lolloll..te , Wirth' edit WWI" 41.45. and sot a Woof OA rare gm nesse , all country, bet. with that : lersegarmit. Ilejteinedgel the Bank,from the odiggewhich bad beeD/114 421 9 epee it, of temente proAt,e : The lists kof gland made nii, greeter profitlein the suspension of cash paymentetheri ntherbentere did in propertieri 1 e elk* clean'-•1 Orr carer... He bed name siiiresed any ihkeested eintim which bed operated ow the j)irproreof the Bank domfrain from wish payments wireerer the stets of thy exchanges was tech .as word admit of their, resuming such payment's in a manner beneficial to the Public. For therthstitss he bad stated, be was if egiblen cash peyartents could wee at ,present be rearmed. The Right liar Gar time. had talked to the nor Mentors str• i 11 •41 1 499 they owed to their eowstiteents- lie hoped lila ari Members would recolleet Obit their duties wet msi perform them, even theiVll, by se dreg, tltali•pit soot' Interest out et dooreedglit tow allecerlilly IWII Podia witkle the wails el. for Memo. la beil-Int- Esei.ly been the park. with the Right lipe..Ors a, wines be could not convince the Ha I to sour to frighten It. But be trusted tie ht fl i Hoe. Geitleaten would find, by the divislieW t 't L With'. et be had done' on Near acclaims% liit &I bad failed in both objects.--(Henr, hew!) 11.1 A/ Mr. COWPER eapreassid his surprise, awl! Member, that the first object on wilt* tilt was to be disided sherd be one on wisicbil&7l, agreed, namely, that cash payments sbeeid hen re. NOW es soon as possible 'l%e ottlyelltiferrtelf dn lbe penult marks seemed to him em arise on a pone of etiquette as tesdise buret fen e whir' Abe motion bad originated.. Far his part, ke.ohord vote for the motion ef the Chancellor of the Es chegeer, because he considered it more precistend generate— [flew. Hest! debWomse iumghldt.]' Mr. MABERLY, a sew Member, enteral at leech ire' review of the pretest state of the Feaded and Unfunded Debt of the country : the : letter of which. be contended, bad beep allowed to inane far bgyond what it ought to beet dune. Be contend. ed, tout the resumption of cash payments wdi neces sary lathe Ike" step towards which would be twigged ear Iderfooodest Debt, the 'leak reduce our Nice two, sod 4e resume cash payments at once, aril set partially, sod then the exchanges would soon rotors to their original state. He was aware it sig ht be said, tstatioo cord not be reduced. He was refit It cord net he done; bet' be was perseaded, by an renew el tines, deer utilises right be plied. lie esselcl. popes' to tegnal the ventioes Amend Tau % Ihick berdened the tradesmen and middling climes, t d serroleded their houses with Taa-ga. Mersin,. • , and Informers, and substkete fey ies them4Property Tax.-w[ffetar, hear !)—lfe ea., peeve/ - this cry; berbtourreed• teak Monti repeal 94 illweased Teen, wldaleiwasiweed. &beet sit all. lions et. vendee. taxes, aid aebstitate not an In come, beta Properly Tea, which should be paid by the ritii, the miser, an.l the abseotee, which weakd predlitri at belt 10 asiflitreet '• Mr. BERNAL coniertmediryi anslielog his pre teesleas to • Wile sonsessenews, sad he hoped to e nig! nen of bosesiy sad indeprodAnce. He had eeterd...lbe Ilyeeswithogt any prepothelsiron on the subject, end hid 'latent with attention and impar. VIM ib erayliord, b biltht ultimo say to every tett*, which bedtime epoblo Mit eight eoncerulog it. The Nobles. Load •bed mid thee se beware of taking. • lair step; but be *said say, teat they nab' 'ether lo.beirere of continuing io those already taken.— Ellette„ hear 13 . —Tisere were a set of pseudo Merchants, who Ifki ley eintsiiii round the oak, sop lh'elgour.—(ffear y beer !]-16 coed not con ceive tilers Coolowittue by ballot ten the peeper way of electing one, and he thought that tier Members *sold shoe their independence by voting In favour of the motion of the Right Iliowyttrable Geatirmen. -[this speech eras P.:lazed by e load call of Question Il Mr. CANNING thought the tire fee dimesedeg, the propriety of resuming cash payments hod Mot yet arrived. That question word arise on the Report of the Committee, and fir that period be would re. serve himself. Ile was one of those who bad always Maskiered the soapensio• of cysts payments as • de. panne from the Constitution of the country; sad Ins; with these who at near him, eintoes to renew, eines es possible, to the old eistatituttesal mode; and err as late as the mouth of October kst, kis Majesty's Government confidently anticipated the inemptidh of cash payments at the appointed tire. ThiPitititi, heariseer, found Ittwould be Impossible, and It wee antiesispisied to propose a contlesetion till 1111, ebb a foil determisrelien, however, am to prop•seipuy further prolongation of the period, If sub should - he fiend necessary, without the (sliest previous enquiry. In this stare of things, the Right lion. Gentleman gave his notice, and subsequeat to that intik* the (lank' mode such a communicates to the Gbanciellor ter the Neetwqrser, as determined him now to propose as 'agony. This communication, sod not the notice of the [tight Howourable Gende rs°, had determined his Majesty's Government to change Its course. The Hight Honnerable Gmithigasa then proceeded to defend the election - of • Cenmeittee by beldrembielsilat contended was by far the fairest way of sleeting a Coneseitme. The Right Horn. Gentleman then enterekinto a hemostats see, scriptien of the arertioas which were invarisbly ' throws oat I N the Oppi4ition 'tenches, of the le nience exert eld ih lb. appointment of Committees, sod terioned 1116 young Member, not to be sur prised if they sherd Neer meie•Honourable Gen. ' limns, sitting esrthe bench iminviclietely behind the Right neenerible Gentleman, offer, if the Speaker would ellne l him to wager who would be the iudi.i -1 duals that would kris the Committee; and proceed to read overoll the cases, ,This might at first sar i prise all them who were not in the secret ; but their , antesemeet wield mdse. *hell they were told that ibis carnets; 4/MN reed all Itis skill sea prophet to the ! cierimeseete of having prosiest'', obtained a list from some nue on t he other side of the House. —. , ( Ihor,lleer! with a tough )-•-ilo had had the biome 1 i of a Iliatia the um. fur sole years; be bissr ins ' 9_ SIG int, ilhallerjolos plaid .W. It wee Indira eh Ad joke totthroHaelso% bat. It oroold swim the poih, peer fed lih) atilr iffilsohorr. • Wish trope, to' t kit portent enfleatlitopi hip dlisoeht 41 °Wit ti coloring IN thief/64,MM% who hod 141 sots Off sell', pert lb the dittos /low *A this limo:tent tiohjort ; he ohoold estorklef I tlftralntotistre at *AO ;Atavisms if ship Right Iloh. geothroseh woo oot inirowbor of li. Hits IMM` ettelleyto eroded thoCoontsiotre oho stormiest leo/4 tihrtleiermtoltiteie lingillryllese the mere bag Mein doderethilith a Dori 'ffigbt lei 'peinplslete 1141 eerlbehrordthefoN•seo oinvltorhpropor plies for Ms 1 diteolielffis Stein the oppitlee ostroore. to 4.10101 i the torittilffoff time leseepbeesive. be wee wersete, tied Sett , le •M 4Sedueitteec end sleety arch Id Mot Hem; 11100detlee wee libel, to be net it rem On eSillelseetedee,•*bee malice Wolf envld wet sealer Illablifs 'bleu; be obrosk from the tent AP melds*. the. Bight Hones ,OM tiMNAwrried emiolileseitlect: Blot be ▪ beirbaltiOM/ Meal ties !bit Mem tali rid, •se Wit eredliglitell *died to bore setillessumal Mid he now , beMbotoppettenity of gwilieti wier-strol• Wier midis briar sAbsies the Hembruideabodst• reedy* holt taadicb.atti bosserable nroon.4 Aeolis. greet point *it leMato be "spouted le 40, tofigllsoinee• wbt the rililet b sbe.'biettels twee. memento twelld bee. set Kea' emilmasio. • Mt delta Miat , billit Secret CiMillitso leas stmetstsdi-aaribabstortbo Bald ow a pilled, sir monist Grips* I barisocastiolt waseimpeatele Ipiessisfrokia• sibtebtato of tbdilliAt withoieNek.eitiguthe teetotalism. tel-tionsen elbeA In. 19411Wasellepintmlist walk ems eltimelllnelooll deelnedeba Neel tersassollibias awe" NM atmaltiat If thrills* felled ga tbatwoMellestanbil atelb Vete% eted.4olll•ll.hibalidd plk oil the eoentepVas 'steaming their heels, balling the line-pertial roprested of cash phyments 1M tuft- Vie *abet to 'dept.— He aessined.hig sreetOnt until wee ielhemetion siereM hid Melon the and lisseilebnonidielaiet Ibis itiesilk I passible est* mess.- • 'llse. me& Osis l / 4 , watt ei middle, sad mid; of all dim debaters ot .atiat se, mow, sod sees to Aber Akar at astabismoat ; bat. like the two rival theatres le the country, that run liamt 14 night eflpei right •egelemittMeto. ethempead at lost one of them bit on the expedient of adverdslegille tragedy of llernim, milk the peat of 1 4aistei left set; so, perhaps, * Right Hom Castleman notelet 4t last iodate ohms to go to MIA Settirtalement *bete the part of Ike Bank was left eat. Mr. MANNINO said, this tele • great nalloned 'epsilon, with ebb* the Brink had ***Meg to dd. 1* Me course of a very short time there bad Mee a As tiesties-imabe Awe of Bask-tam, of ma that three milliosa. Mr. GRENFELL coattail* that lb* Wis . sat of Beak-soles in circulation during the drat half-yam of ISM was greater than for MIAMI 'petted IWO, year since 1797. Mr. MANNIIO esplsined in a very,low tone. Mr. Milton". HEYG ATE mid, that be preferred se open Committee to a secret one, as mere limey es Ai peblic ailed, for coo4u sag es 'obesity, is )e melt of which the lietemets of oil Were se deeply gavels,--44 "moire Mteeded to set at OW peblic anxiety, sad to vindicate thp credit of wog et c . celatien not only at home, bet °ter Estop* - 1 [Rear, fiesrli Its did oat MOS/ agree Wide all sletsiedootimiem tee Report at the Sallies Conoolte tee. 110 wink' Wow that the eatteetietwhie matelot ties etching's wm,entirely 0w1 . % le the depreciative of oar internal ceireacy, nor could he without quill. &WOO ;Moil the remedy proposed. was of opinion till At - itchiness crieffaVkly be' tarned est fumbelitty sub.* fall le therMises of Wooer end b iodides ellmenekieseoe as *maid forte Apertetiste au WirSZPO‘S&MiIPd sets ip4pgps ; bpi when .hp considereA the evilt_ick this operation might b e s tee e d4;lie b'effille'rstritlto the policy eif bringing about ascii. state of thittp, end thought ih Mere tiemeebyty`eseemie.oo "web eittditleow would be dot* -liol..siagg J a m advaalsMa contemplated,. lle wee moakble If** Inconreeiencsi of At pig. Mgt ipteno of cerseecy, Its amelioration ■aoin th sh Vtfutlget as 'a b 4 -, Ms litelnlibleg fenny. tbey denirvol l it thee se tbt tasmaa*,. may Weil* WO* wisdom, pew deoco, aid Wheel/tam u+y.bas IMvem,M the Moe O R for titer fret, gears, orio l e* novel ass, taireordinar 1121165 e with whit tint wore invested. -thleirty *wood:, hit a ',MAU banking be:. alness,hicaPNl net tilfiaielfrtilltitillirf lathe fettling ef Om aeuMrylieirberevehtrieetteeSMOMOlß to vied le the way d imbliemenbewiwebb Tim Hawillembst cos. grstalateld the Heys At Ai premised *ovary; pod hoped that the Committee would ettgoist of Members arks *meld lay aside all petionataiid political anios. sit ; that they wield considk the select in ell its beerier Whit Oh Worts sad iMpailtlMhy, that by *it labour. the poblic 'Mad would be ealiginemed tat "sestinas that so !intimately concerned -the pabile has sageste that the extent of circulation would be de. termined, and en end pat to those rapid slid eaten. sive fluctuations, which, though beneficit I end pro. liable to some, were injurious and raleultnes to the great body of the People.--(llestr, tsar li—Bpo settling the questions with regard so the trope amount of oar circulating mediate, porghsweeldies able to knew the Aloe of their property for &fifths periods, contracts would be Were, aid the i'ablio scald not fool any of them alerts which they felt from the present @yelps and which distressed the greeter number for the ts:sells a few. Mr. TIERNEY replied.—lie did sot hoot what the Bank meant; for at One time it was lisaftet, sod at another a fly upon the wheel ; and all he could enderstand was, that , it could be ought 'toed be liked by the Clancellor of the Eschetper. He pet it to the Reuse, after all they had heatd, sahib probability the commis had of ever maims a _lslam of cash paymenis. In his opinion, tte basil of the boasted eaperisent of the Bank' le 18 . 16 awing to their issuing a much Rrgar %initial of paper, after hairiag fed A ape & 'Sett .five Sway of their old note,. He, ibeseferrt eteld net lowest', believe that the Musk rigid 'yelp:jowled is roseate cash payments. Ile tax. pot, leery with the Bahl berme it could not femme spine payments wittiest At assisteisci of ti IMMO, determined to stick by Ilse Bent •tfd *sin Antra the Committal twilit ml dillgetree„.insti **old AWNS Welk hip cli Miasnibleesavel Ahapotillese bli.ouselst bet he eostell e l tighgemitle ragAiladflieuMf , itosd lobo Asa/. `l)lst wbisTd - tbe Chancellor o ~ ~_ _ --"