The British Press; or, Morning Literary Advertiser. — London, England, 1826-02-14 00:00:00

/': d e • No. 7,231. CONTRACT FOR BIRCH BROOMS. NAVY-OFFICE, Feh. 9. 1111 1 5. T "R Qffierrs and Commissioners of his Ma juty's Nary do hereby ere Notice, that on THURSDAY, she Om Much nest. at One o'Clock, they will be ready to treat woh sue: Persons as may he willing to Contract for supplying his lisierq's Dock yards a BIRC H Deptford an )W oolwich with BROs. ratter's of the Brooms, and a form of the Tender may be men at chi. (Krt. of treaty, No Tender will be received after one o'clock on the day Dor sny noticed, unless the party or an agent for Mm attends. Every Tender must be accompanied by a letter addressed to the Ntry floard, and signed by a responsible person, engaging to be. come bound, with the person tendering, in the sum of 2001. for the due performance of the Contract. EXCISE OFFICE, LONDON. Awry 6, 18241. TO BE SOLD BY AUCTION, .13V (vier of the lionorretble the Consmissinners of hie Majesty . ; EMU RC:rnme, in n spacious Room, at be Excise Office, Old Broad-street, on TUIDWA I 21m, WED NESDAY 22d, THURSDAY 23d, and FRIDAY 24th of Fr !ovary, ittii. at °nese/dock eachday, the following Goat in Lots, cited to various purchasers . Pape? Wine Carve cin Tea Raw Spirits Cocoa r Vinegar Pelops 111 misses Soap Sugars Candko Coppers Olass Stills Printed Calico Lead Handkerchiefs Pewter foreign Brandy Iron Bum Casks, raid 'Acta Uten. t Ours sib'. Inkem.e a quantity of Leaf, and British and Foreign Mania looturoi Tobacco, Seger., and Snuff. Ssaiplo of the Spirits, Tea, Coffee, and Tobacco, and the 'lsmaili to be seen at the IVareliouse, Old Broad.strett, from February 14th, to the 20th, from 10 till 2 o'clock, and on the morsUlcs of bale, from 10 tilt 12 o'clock, where Catalogues may be Lad at Q. each. To sail from Gravesend on the Ist of May, VOR BOMBAY, a regular Trailer, the fast-sailing Teak-bullt SHIP RECOVERY, burden 600 Tons, ENItY C. CEA PeIAN, Commander. Ilas a Poop, and very superior Accommodation for Passengers, and carries a Surgeon. Lying in the East India Docks. For Freight or Passage apply to the Commander, at the Jeru salem Coffee-house, Corn ill ; or to Mesas. JOHN CHAPMAN and Co. Loadeoltall-street. ATOTICE is hereby given. that JOSEPH BRIN'D ./N LEY and THOMAS BRINDLEV, of Frinabary, in the county of Kent. and of the Coaimereial Sale Rooms, Mincing. lane, lonJon, Ship-builders, did, nn the nth day of January now last, convey all their Estate and Effects unto Trustees for the Be nefit of their Creditors all Persona haring any claim against the said Joseph Grindley and Thomas Grindley, or either of them, are requested forthwith to send an account thereof to Mr. Robert Oarratt„ of New Broad-stres-court, London or to Alr. Jame* Stminona. Solicitor. Boley.hill, Rochester, Kent.—Dated this 13th day of February, lit 26. FOREION LIFE INSURANCE. _ _ ....... Person. trarelliug boyoud the limier of Europe, either far short pen.d% or to reritle, may obtain Assurances on their Lives, at veer r,,a.erate rates of premium. from the ASYLUM COMPANY, To, CORNIIILL. DIRECTOAS. SIR JAM} MACINTOSH, M.P. President. THOMAS PHAN LA ND LEWIS. Esq. M.P. Vice-President. And Fourteen other threitore. The following extnet from the Tables of Premiums for the East Ind.es will show hew much the dangers of that Climate have hitherto been over.vated, and may sena as an example of the mo. tler.t tan ut the chargesnerally. EAST I NDIA CIVIL SERVICE. Annual Premium joraesuAnglilll4.feVeleveo Ye;ts, sad •hole Tenn of Life. Until Embarkation. two Yeers.l Lifed AdditioNal Preseirm from Zwiekslion to Retails. eves lime. Whole Life. XII 0 9 it 19 9 I IR 8 2 1 2 2 4 7 2 711 2 16 2 2 19 9 Age. I li gio 18, 5 I .C 1 13 le c :;0 1 4 6 23 II c 4 0 112 4 1 219 4 1 t o t 88 2 4 7 i 4 4 1 ~ Insurances mar be effected without delay, as a Medical Officer wen& at the Office at Three o'clock daily. A Prospectus, containing full particulars. may he obtained by pe7.nnal application, or by letter addressed to the Resident Director at :he Company's House. 'TRANCE RS' IFRIEND SOCIETY, instituted in the i./ Yen? I7sl. roe Visiting and Relieving the Sick and Distressed Pax at their Own habitations, . During the last year 7,284 cues, chiefly families, were visited and relieved, and amongst them the sum of 3,717/. Gs. sd. distri buted. At the present time there are upwards of 700 ease. on the books. The Committee hoped that ere now this number wnuld have been very much diminished • but the pecuniary embarrass ments at this nose generally prevailing have suddenly thrown many artisans, with their families, out of employment; and a considera ble nuniber of new and very distressed cases have consequently been presented to the notice of the Society. The fnllowir.g Subscriptions and Dona ions are thankfully ac knowledged : ?drum Boddington and Diva 10 10 Ssmut4 Boddington, Esq. 5 5 B. sharp. Esq. h A Friend 0 John Sabb, Esq. . 2 0 Sir Wm. Asbburnham, Bart. a 2 2 Lady Asbburnham 1 I D. C. boarvopenny Post 5 0 A. B. by Mr. W. Cooper 111 0 Mrs. Venable. . 5 0 T. E. Venable., Esq. 4 0 Miss Dawkins :t 3 11Irs. B. Currey . 2 2 Blra. Hobert Potts . 1 1 James Putman. Esq. 2 2 A. E. by Mr. Clarke 2 2 Frederick Stephenson, Esq. - 2 2 B. D., by post to Mr. Clarke 20 0 Mn. Alderson - 5 0 Sirs. Tabu:, - 2 0 Lady PepTs . • 8 A l'aptain V. aymouth 2 0 Sitr.lVaymouth - 2 0 31r (:Irate & Jilin - bun - las of Cholmon. (44,1 5 5 At .leun. Butterworth and E. s. At Messrs. Hoare's. Drummond. Li. 10 10 E. J. Sidebottom, Lsq. 2 2 Mrs. Jane /Mills - 1 1 J. 11. IL 2 0 hard Barham . 10 0 Hobert Barclay, Bs+ 5 0 J. 11. S. 2 2 F. C. Ilinrkes, Esq. per Messrs. Drummond 10 0 James Tillard, Esq. 50 0 A.%. 10 A Lady, by Rev. J. Clarke 2 0 Francis Windsor, Esq. 2 2 John Moore, Esq. • 5 I ) R. P. 1 0 .1 Traveller 5 0 Wm. Gibson, Esq. 1 1 At Messrs. II ammenley's. Nub —, Esq. . SO 0 W. Wilberforce, Esq. 10 10 J. Baring, Esq. . 10 0 George Hantmersley, Esq. it 5 Lady H. E. fr. - IS U C. D. 1 0 At Sisson. Whitmore, Wells, and iti'hitroore's. Mrs. Radcliffe - 1 1 Mr. W. Rockford • 2 2 11'. Hutchison, Esq. is It Mrs. Edword Whitmore 2 0 il. C. Servants of Ed ward Whit. _ 20 0 more, Esq. . 1 0 An humble Acknow. La Rouchere, E'q. 10 0 ledgement for Mercies Mrs. Elizabeth Parker 20 0 enjoyed in the /Bidet At Messrs. liarchard and Saes. of Distressing Times SO 0 (1. W. t 1 3. Alaberly, Esq. . SSM.M. H. - JO 0 F. D. Whalley. Esq. 2 2 31 i s Harkey - 3 • Mrs Brackenbury 3 0 Christina 1 0' With several other Donations of the smaller amounts, which will appear in the Annual Report. Subscriptions and Donations are received by W. Marriott. Esq. Treasurer. 77, Broad -street, Royal Exchange; Mr. H. Clarke, 52, New Bond -street; Mr. W. Cooper, 8, Queen.street, Cheap side; and Mr. H. R. Griffiths, York-place, Camberwell, Secre taries; Mmes. Owen and Elliott. 31. (Mutter-lane, Cheapaide ; Joseph Butterworth. El. and Son, 43. Fleet-street ; Messrs. /non, Jones. and Co. 1112, Fleet.streot ; ce Messer. Powley. and Clarke, New Bood.street Mr. Allan, Frederick's-Pla* () Id Jewry 4 Mr. Haslope, 3, Copthall•bulklings ; Mr. Joseph Brown, 25, Lawrence Pountney-/ane. Cannon-street ; by each Member of the Committee; Air. Jarrett. 27, Providence.row, Finsbury-square, Collector; Messrs. Hatchard and Son, Piccadilly ; Aletors. morn. Wells, and Whitmore, Bankers, 21. Lombard-street ; llessrs. Moon, Banke-s, Fleet.street ; and Messrs. Hammersly, Backers, Pall-mnll. Son's. HOUSE OF COMMONS. 1N reply to an Honourable Member's question, last a Thursday, why Lotteries were continued after an Act of Par. liwnent for that abolition, The CHANCELLOR of the EX -1 III:QUER observed. that the Act authorized but Two more Dosing*, when Lotteries would end for ever. The Public are now remioded, from the Highest Authority, tint there wild bone mare opportunities to gain a princely nide• pendence fur • few Pounds after those Drawings. As Porous is generally kind in a last effort. and anybody may now obtain her favours, everybody should try to participate in the B . I X TWENTY THOUSANDS, & c. &c . which must all be dr tided KfiXT WF4DNEbDAY WEEK, lei of Mardi. L. 1. f. 2 .1. • ) • • .4(;; ;' -f • / ez-eleree t+ , 0,1 ).); .4 . 41 A —IV Clair ) • • LONDON, TUESDAY, FE'BriVAR,Y 14, 1826. BALES BY AUCTION. LIBRARY OF WELL SELECTED BOOKS By WINSTANLEY and SONS, At the Mart. THIS DAY. at 11, by order of the Executors. glitE LIBRARY of the late THOMAS COTTON, Ascl, consisting of the Works of Johnson. Fielding, Dryden ' Swift, Hume, Corneille, Pindar, Sterne, Pope. Mts. singer,, Cook's Voyages, Bruce's ' Ilawkesworth's. and Hanway's Travels, Cartwright's Journal, Cox's Spain, Gibbon** Rome, Plutarch's Lives, Robertson's America, Scotland and Charles the sth, Johnson*sland Steeveoa's Shakspeare, Campbell's Lives of the Admirals, Daniers Rural Sports, Annual Register, from 1738 to 1814, !Xi vols. and other Works by esteemed authors. To be viewed. Catalogues may be had at the Mart, and of Winstanley and Sons, Paternoster-row. OENUINE SMALL PRIVATE CELLAR OF WINES. AND CURIOUS ORIENTAL AND GORDON'S SHERRY. By Mr. CH RI9TI E, At his Orem Rooms. in King-street, St. James's-square, on WEDNESDAY, the 22d inst. at I. precisely. rr HECONTENTS of a SMALL PRI VATRCELLAR of WINES, the Genuine property of • Gentian= retiring to th e country. consisting of Port of 1813, now seven years in bottle, and Port of 1820'; a small quantity of very choice West India Madeira, Sherry, Hock of great age, and Claret in pints, totticit twin be delivered to the purchasers from the cellar of the proprietor. Also about 0 dozens of very curious Oriental Sherry in quarts. and 20 dozens in pints, and 70 ti,:zen of Sir W. Gordon's Sherry of the tinept quality. Bmq:tea the above may he had on paying for the same, by ap plication at Mr. Christie's office, King -street, St. James's-square. BON )IBS. By Mr. WILLIAMS, At the Auction Mart. Bartholomew-lane, TO-MORROW, Feb. 15, and Three following Days, at 12 o'clock precisely, on ac count of the number of Lots, A Valuable and Extensive COLLECTION of BOOKS, 1 - 1.. in elegant Binding.; among which will be found the Musk Francsise, grand folio, 5 vols.: Antiquities of Herculaneum, folio, 9 vols. ; the Florence, Houghton, and Stafford Galleries ; Boy dell's Shakapeare, if rola. folio, with large and small plates; Chal mer's Poets, 2i volt ; the Encyclopedia Britannic*, 20 rola. ; Pinkerton's Voyages and Travels, 17 vols. ; Beauties of England and Wales, 2tl vole. ; Hunter's Lasater, 5 vole. ; Lord Orford's Works, S vole.. &e. &e.; also malt of the I'opular Authors. To be viewed this day and on the mornings of Sale, and Cata logues had of Mr. Williams, Throgmorton.street. Fashionable Stock of Upholstery and Cabinet Furniture, large Glasses; Brussels, kiddertuinater, and other Carpets; and Cabinet Pianofortes. By Mr. JOSEPIf WALKER, On . the Premises, 27, Soho-square, THIS and following DAIS, at 12, without reserve, THE remaining Part of the valuable STOCK in TRADE of John Davis, Vpholder, declining the retail bu siness on account of ill health ; comprising an unusually choice assemblage of Household Furniture, embracing every item adapted to the drawing room, boudoir, library, dining room, and breakfast parlour, fashionable in design, made of the finest seasoned mate rials, In zebra, Amboyna, rosewood, Cormiandel, and other choice woods, and finished in the-best manner. The Chamber Furniture, which is excellent, includes numerous four-post, canopy, sofa, and cottage bedsteads, with chints, moreen. and damask hangings, in the immediate taste, with goose feather beds, mattresses, and bed ding; mahogany plain and winged wardrobes, secretaires, book cases, chests of drawers, chi tonirn, and toilet-stands cheval and other glasses, fire-screens, Brussels, Turkey, and Kidderminster carpets and hearth rugs, two capital upright pianofortes, &c. Nay be viewed, anti catalogues had on the pieiniset, and of the auctioneer, 99, Regent-quadrant. LIBRARY BOOKCASES, WINO WARDROBES, LARGE CARPETS. DININ G- TABLES. - BEDSTEADS, ..- ....-....-....--..._ _.....-- AND FURNITURES, PRIME BEDDING. By Mr. SIMON DAVIS, THIS and FOUR FOLLOWING DAYS, at 11, on the Pre mises, 486, Strand, opposite Northumherland-house, THE very valuable - and extensive STOCK in TRADE of a CABINET-MAKER and UPHOLDER, by order of the Proprietor, comprising - an unusual assemblage of HOUSE HOLD FUR NITURE, adapted to the drawing.mnm, boudoir, library, dining-room, and breakfast.parlour, fashionable in de sign, made of the finest seamiell materials, in zebra. Amboyna, rosewood, Coromandel. and other choice woods, and finished in the best manner. The chamber furniture, which is excellent, includes numerous four-post, canopy, sofa, and cottage bedsteads, with chintz, mtween, and dsmaak hangingt, in the immediate taste, with goose feather beds, mattrcssts, &e. mahogany plain and wing ward robes, secretaries , bookcases, cheats olldrawers, ehiffinteers, and toilet Italids. ebeval . and other glasses, flre.sereens, Brussels. Tur key, and Kidderminster carpets and hearth-nigs, an eight-day clock, &c. &c. _ _ _ May be viewed and Catalogues had on the premises, and of the Auctioneer, Carlton.street, Regent-street. PARLIAMENTARY INTELLIGENCE. HOUSE OF LORDS, 31o:cDAY, FEBRUARY 13. hirers to compete with foreigners, who got op Niel, goods ander far more favourable circumstance, to the production of cheap articles. The petitioners also complained of the burdens imposed on the country by the tithe system, which had likewise so influence in increasing the price of food. Eight mil lions were collected annually under the operation of that system, which the petitioners thought a grievous weight upon the country, inasmuch as it increased the value of egriculturid produce to a high rate. The Honourable Gentleman gave notice that he would on Wednesday next make a motion relative to those laws.— (Cheers.) Similar petitions were presented from the silk manufacturers of Gloucester, by Mr. Alderman Wood. and free Mansteed by Mr. Denman. DOVER ENLARGEMENT DILL. Mr. BUTTERWORTH brought in a Rill for the Enlarge. ment of Dover, for the purpose of establialtleg a larger ruarket in that town. • , stamped in 1144 were double of those stamped in 1222, but this ad mits of eta easy explanation. These 'mull notes are employed in the wed distribution of the necessaries of life; all mercantile transactions ere carried en with bills of exchange; but the small notes, representingprovisions, Increase as the price of the latter flees. The circumstance which moved this proposition was, that the price of awn and cattle was doubled from MU to 11195, and the increa•o iof small notes was the necessary result of such a change. He; would ball the attention of the !louse to the large amount stamped since October Iset, yet it auttld be found on examination, that the amount of 51. notes bad decreased with the increase it 11. TIMM so that the total amount of paper iesues had on the Whole dimi nished. therefore the alteration wrought more air venience than den. I , gee. Another topic cf importance bad been touched on. to the ere. I judice of the bankers, and there had been arrayed against them, ! our eympathire with the humble sail industrious agriculturists. Ile himself felt deep sympetfites with the lowest cla.s, and dis eased all who did not ; but then let it be considered that the labour ing man who is represented as the chief sufferer by the failure of a country bank, is not obliged to take their notes. and it be wishes 1 to accumulate the fruits of his industry, be resorts to the savings. I bank, where he receives Government security, he was not obliged to keep the bankers' notes; and as for heedlesaaess and folly, it was not for the legislating to prevent it. But when the small notes are withdrawn from circulation, what will be the substitute? The first effect of the measure will hem throw great numbers out of employ. mein; it will be crushing the capital that mete our industry in mo tion. There might be perhaps a branch hank from the flank of England newish/died in Lancashire or l'6rk, but these would be insufficient for the country, and as to joint-stock companies insti. tuting banks without charters, nothing could be more visionary, unless indeed they had no property, which would be an aggrava. Lion of our misfortunes. M id' respect to personal attacks on' the country bankers, he would not condescend to reply; they originated in ignorance, or an jiptereeted attachment to certain measures, and were sufficiently anwered by the, unsolicited declarations f the towns which beat knew those banker,. The Hon. Gentle an con eluded by hoping that he would find such support froM hl friends as to stop those pmeeeilinge in limier, and declaring that although ' he might be unsuccessful, he was conscious of doing his duty to the best his power. Ilr. Alderman THO3IPSON began by remarking on the im. portance of this question, which involved all pmperty, He usually voted with 'uneaten and seconded their views. In this instance too he agreed with them* to the principle of the measure, butentirely dissented from them as to the period of its operation ; the commer. cial distresses did not arise whol/y front over.issues nor front speculation, but from both combined. There was no doubt that' the issues of notes in the years 1823-24-25 had very much increase I the country banker at last began to accommodate the money mer. chant; and when he fauna him suddenly oinprovided, there was a general suspension of confidence. Then a bank failed In the north, ' and another in the west, and then followed a universal panic. But, with respect to the proposed measure, it would diminish too se riously the capital of the country ; that had been reduced , by ex • portetion of gold and distress, by six millions at least, and now it was proposed to withdraw another four millions—in'all tell millions. Thin vacuum the Right lion. Gentleanap says he will supply with gold ; but where will he procure the gold ? We have at present no exportation ; business of every kind is stagnant ; and, 115.1 week, tete or no bills were negotiated. The superiority of paper as a cir. . culating medium most be acknowledged by all mammal mn. Ile (.11r. Alderman Thompson) knew a munufecturing district, the expenditure a which was 2110,6001. pee month, and the bank which supplied this circulation remained unshaken. The more narrowly the nature of tomatercial transactions were investigated, the more difficult would it appear to dispense with a paper circulation ; but, at the present crisis, such a measure would convulse the whole country. As to throwing open the Bank charter for the admission of joint-stock companies, lie did not conceive it would avail any thing. It WWI not the number of the partners, but their prudenu, .Licit gate character to a back ; prudence, indeed, was more to be considered titan capital. He hoped the Bank of England would ,he induced to establish branch banks; but, in the mean time, he begged the House not to diminish the currency by adopting the proposed measure. It amounted to a prohibition of sinafrnotes to limit them to a three years' circulation, and on this ground he would oppose the measure. r. LEYCESTER. ennsidered the privilege of issuing small notes, possessed by country bankers, to be a mischievous anomaly. By occasioning a redundancy of paper 'lleum it raised the price of corn, and forced up the Three per tents, to ifS ; and this privilege, clashing with the convertibility of notes into gold, produced that convulsion and alarm the sound of which was still ringing in our ears. He thought that the powers of issuing paper tnoney ought to be confined to one body, one officina, which might watch and regu late the rates of exchange and the quantity of money in circulation, a neces.ory care to which the chaos of wormy banks was adverse and inarlequatr. Such was theconsequenee of the state of affairs to which he had adverted. He should therefore cordially concur to the full extent in the proposition of the Bight Hun. Gentleman (the Chan , cellist of the Exchequer). So fully did be feel the propriety of die principle of the resolution, that the only regret be experienced was, thaw die-subject had not been introduced at ao earlier period, and been confined initeoperation. Hewes every dim is did imp, so far as to include fif. notes, which he thought might very fairly be brought within its scope. Thepreceding remarks had Linen from him in reference to those parts of the subject which had been left undone by the Right Hun. Gentleman—to that portion of the web which was All unwoven. But by the effect of the measure in con. temptation , the Bank of England will be cognizant of the quantity of paper in circulation throughout the country ; they will tints be aware of the over-issues when - her they shall occur. By a comna rlson of these matters with the rate of exchange, the Bank would be enabled and would take care to regulate in such manner, that die country should not endure the calamities with which it had been recently visited. As to joint-stock companies, he thought they were liable to.some peculiar objections. As respected the limitation of the numbers of partners, he was of opinion that when they were less in amount the liminess was more strictly attended to. When bankruptcies should occur in an cstablialicnent composed of a great number, the dividends were always proportionably diminished. Substantial men would not choose to enter into banking concerns where the partners were numerous, on account of an apprehension of trifling profits and of implication. [lnsubstantial mien will have an objection to become partners in them, because they are unwil. ling to have the paucity of their resources submitted to the public. Numbers do not constawte a proper criterion of a great quantity of capital. It is more likely that in a flock of twenty sheep there should be one black than in a smaller number. Joint-stock. com- ' panics of such numerical amount ss he had stated before, when-the vestiges of the late panic shall have been obliterated, would be again tempted to over-issue. They would naturally take occasion. from every plausible opportunity which presented itself', to extend their bogies, and thus the country would be once more subject to the repetition of distress and calamities under which it had been suffering so severely. It had been triumphantly objected by the tulwocates of jnint.stock companies, that the cases where the ex periment had been tried fully justified their adoption, and the sue. cess of the Scotch banks, founded on the principle, had been ad. duced. But if the Honourable Gentleman examined matters strictly, they might twid attune other causes (which were in applicable here) to account for the effects which had been observed to accompany their operation in Scotland. Perhaps it would be discovered in such an investigation that the success of the Scotch banks might be attributed to the national characteristics of prudence and caution. In Scotland persons were extreme.y circumspect in lending and borrowing. No wild spirit of specu. lation prevailed there, and the capital of the country was commen surate with the demand. But this country presented a strong con. trust. Here the greatestavidity for gain was evinced by all classes. If a speculation of the slightest semblance of speciousness were proposed, there was no want of money to be advanced to carry it on. In facti people were so anxious to lend, that they did not in. quire into the plausibility or impracticability of the schemes which were suggested. On the other hand people were found as ready to borrow as the others were to lend. Thus they proceeded, and rushed forward with correspondent steps, `• some to do, and some to be undone." He did not think, therefore, that the principle was applicable to this country. ASSESSED TAXES. _ ..... Mr. Tierney, from the Tax-office, proented copies of all eases decided by the Judges under the Asses.' Acts. COUNTRY BANKS. _ _ _ Crayford. from the Treasrry, presented the return of amps issued to country bankers., as ordered by the House on the 9th February. CORN WS. Lord KENYON presented a petition, signed by upwards of 10,000 persons. bankers. merchants, and tradesmen, inhabitants of the town of Bolton, in Lancashire, praying for an alteration in the Corn Laws. SLAVERY. Petitions against Negro Slavery were presented from the follow. in g places:—from Colchester, by Lord Colchester; from Chipping Wycombe in Buckinghamshire. by Lord Carrington; from Frown; in Somersetshire, by the Earl of Cork ; from Thrapston in North amptonshire, by Earl Spencer; and front Leominster in Ilerefotd shire, be the Earl of Essex. The Marquis of LAN.D4)WN said he had petitions to pre test on the same important subject. Feeling the great difficulties connected with the West India interests, the Noble Marquis would not then enter into any diseussion of these topics, but would rely on their Lordships to take the subject into their most serious con sideration. The Noble Marquis then presented the following Pe titions:—from Fathaut in Wiltshire ; from Lewes; from Calne in Wiltshire, praying the abolition of Negro Slavery. The Earl of LAUDERDALE moved for certain returns con nected with the issues of stamps to country bankers in the year 1790. The Earl of LIVERPOOL moved the first reading of a Bill to amend the 49th George 111. and gave notice of the second reading for Friday. The Noble Earl also moved that their Lordships be summoned fur that day. Toe Earl of LAUDERDALE hoped their Lordships would be put in possession of every information connected with this sub ject before they were called upon to legislate. His Lordship 4160 hoped the returns moved for would be prepared before that dine. The Earl of LIVERPOOL expressed his willingness to expe dite the returns, and to give every information. Their Lordships then adjourned. HOUSE OF COMMONS, MONDAY, Faa. 13. Mr. T. WILSON thought it was very clear that the introduc. two of the measure proved the distress of the country. But while this Act was too apparent, he could not perceive that the proposed remedy would answer the purpose which was contemplated. lie could not see that it would confer any benefit or alleviation. The misery which was now introduced might be traced to the pro ceedings of the Bank of England. They have produced events of gnat public calamity. From them has resulted the present alarm ing state of the country. He spoke as the representative of the City of London. He had unfortunately every day occasion to wit ness the mliery which pervaded the streets of this metropolis. It was really of a mutt deplorable character. While on thee subject, he should rake occasion to return thanks to the lion. Member for Taunton (Mr. Baring) for the exertions which he had used to miti gate the calamity—he alluded to the meeting of merchants which was held some tune ago in the City of London, and to the Resolu tions which were then passed. These Resolutions might be deemed ridiculous by some persons, but they appeared to him (Mr. Wilms) in a very different light. T hey were must salutary and of the greatite importance. Their object was to promote conhdence in the Oita totality as to the state of credit, and in this respect they WI accomplished a great deal of benefit. Their tendency was to da' that which the Right Hon. r chequer) proposed to do. It dence in such a period of alarm contraty, it was an exceedingly of this difficulty arose from a er was the fact ? Was the count. quire the resources of the nation , famine or pestilence, or any of that exert its influence In these We the shocks, and might be reconciled there was no obvious cause, and t' be comprehended by the mass them to pay only twenty millions. ter was inexplicable. it has i ciliation prevailed to a great ex, not the lint time that this had this period btUught rain on tt• to beware of Its recurrence. confidante. A i llear, hear.) extremely di 'Cult to instil repugnant to it, and would ' ~~: . _,~ 3r,• O'2l • . (wPriee ' adoption by being n told that they usigkkto estiertilts it 2 TM"lnsist be led and persuaded, and norfoosed en theism :Seim!. Hunlog jitould prove more effective than consolidate*. Wtth respect to the elate of tne currency : he than k,ed the limn Membee for Tatintau (Mr. Baring) for'theexppsitioh Which Whorl lentontly ;Orono* Hee *abject. The idea of a mixed currency *Kett that Hore. °tette- Men had explained to the House. sippented . to be euth as should meet approbation. It wet said to be More natural, more consblent. and less liable to fluctuations than the one in present fashion. Silver wet moat readily procured from South America and ether places, to the full extent of what would be requisite to stoney any ethergency which might occur. if the mixed system were adopted, this country would be exempted from the expense to ,which it is now subject byThe process for procuring gold from France. There would be A saving in this respect of li per cent.. which is now paid for the purpose. Several persons are In the habit of bringing deer money in this manner, and in return getting bdls of exchange drawn fot it. This certainly may prmtiote the Bank circuit. lion, but the system was productive of greet distress in its conse quence' to the century, and should she terminated as soon as possible. Ile should add a few minim with respect to the gins - , anxiety evinced for a return to specie. The Chancellor of the Exchequer has said that this is the time for the ope ration of it measure affecting that topic. because the contr. try is in a state of prosperity. 'Without exactly agreeing that the country was lit that state of prosperity, he (111 r. Wilson) did noc think, if it were so, that the fact would afford sufficient cause •for the onnemplated change. It tat his maxim to 6• let well airmen' land bethought it would prove the safer course. But he would n, c ' be unnerttoutl to agree to the statement that the country was wen. ' On the contrary, he thought it was in a very precaSiotta situation, In such awkward circumstances that it would hie exceedingly delve rout to tamper with it by the proposed expetimanta. He had ' viewed the measures which tare tlroposed to the Hittite in thieve ispect Ile had devoted Mine& with great attention to the slab. , . • nem, and front the best consideration which he wigs enabled to rbestow on it, he arrived at the conclusion that the bete mode which ebuld beidepted to prevent it reentrance of the diadem which had been experienced, was that fnf the anfount of all the country meet of 11. the bankers issuing them should give seeuritr of Rime kind, Ile did not mean to confine the nature of the acciwity to any pare. cuter description of property. It might be reel or rersonal, flee. hold or leasehold, exchequer hills, or in fkct any kind of avatlabla security. He saw no teasenable tlifFculty to prevent any Orton who commenced banking from giving some sort of securityws a protection to the public. By such a proceeding thine banker, who dealt in the heavy nines, and who have hitherto often mitered in a saloon degree from the facilities rashly afforded by the small note establishments, would also be protected from those alternalionsand fluctuations which originated in the minor brinks. He shrildior elude by natirg it is lilt decided opinion that the Right Pon. Gen tleman (the Chancellor of the Exchequer) had not stiggented tine remedy for the mischief which existed. All he hal proposed Cal the subject would be toned on trial utterly ineffectual Mr. JOHN StIITII proceeded to address the Howe, but in the course of his observation,' frequently dropped his voice so low as to be inaudible in the gnllery. We understood the Hon:Gen tleman to say, that after all the arguments which hail been tinged. in the House during the night, his opinion was not altered An the subject. Ile had listened attentively to all that hart been adduced by those lion. Gentlemen who were adverse to the meaaurepra potted by thsChancellm of the Exchequer, but he did not feel him self convinced. lie %lipoid therefore adhere to the course which he hail originally prescribe. to himself, and vote with Govetninent. Olean hear.) He should endeavour to compress in a small com pass the few remarks which he intended to make. Penmen the great cause ef the distress which prevailed was to be found in tha splint of speculation Which had diffused itself so widely through the community. It proceeded from the nterchanie to the ineoufac turers, and from them it descended •to the mechanies ih their em ployment. With some' persons it was not optional whether td ac cept or to refuse the notes of banks, of the solvency of Wltichohey mrght have entertained wrilnhunded doubts. In- illustratioen itt' this fact, he would assnre the House that he had been irtirmed by a very intelligent anti reepectable gentleman, who was himself a banker, of some curious circumstances connected with the ennuis dart of one and two pound notes. It had been said that !Anthers and artisans might take these notes to the remeetive banks in the country, and receive on demand 'an equivalent in coin. Bet he knew that they could not, and dared not do so on env:Mist of the state of subjection in•which they west placed. If they were to at tempt to act in euch a manner, they would do so probably it the risk, if not the certainty, of being deprived of their employment. What labouring man in a Country town would have thenninlihoott ,to provoke, By such a course, the enmity of a banker. who might have It in his powet to retaliate in various ways on the offender ? No man arthe description would dare to dun except in a time of Patric, when the individual would be lost in the mass of appli. cant., but when the application would be made too late for soy benefit. He was of opinion that the speculations that prevsilen were productive of great injury to the poor. For what was the no. tore of the proceeding? Any person who pleased was competent to issue one pound notes; the consequenee was, as he knew, alad as the Government was well aware, that many persona beeolne tinkers solely for the purpose of paying their own workmen./ If bigotry Were inatitoted into the Woes of bankMlenies eldeh eg egreed since the year 1014, several of the persons in The Ilit wduni be found to come under that character. He therefore attrinuted me misfortunes which had been endured to the want of sabattume in men who became barkers, and against which it was now-propostn to provide. It was painful to him in respect to sane connentons la advert to these topics : tut he could not allow it to he said ah:q. alarm does not exist, because it ought not. This was sn egvngitths, mistake. lie therefore differed conscientiously on this subject' fron, some friends, and felt th some measure undecided ho* tn act on the occasion. He trusted, however, that itieMajestv's nlieistert would not consider the matter slightly, - , but thin 'they would persevere as they ought In rescuing the country from those evils with which it was afflicted. (Hear, hear.) Titers was another point to which he was compelled be his duly to d;rcen the attention of the House. It was concerning the letter which had been recently directed by the Government to the Directors of the Bank. lie had thought much of that letter, and lie Was to &ratio indeed that he would 'peke a wager that the President of the rd of Trade did not compose the letter in question. That Iligtillear. Gentleman possessed too much intelligence and dinvintindiloin to insert some matters which had been introduced into il:• Tie second paragraph of that letter was particularly obnettlintrabla It lays the blame of all the ruin of the last year en the mutiny:hank, But did Government take into their cmisideration the docoMspecn. lotion? Were these promoted by the Alnitchestee end flvetwool banks ? No one present could deny that they were noes -in a plain meaning of the paragraph was, that tech with tf e case. But did the country banks discover a willingness to 'participate in the speculations which were carried on in the menu pont% ? The author of that letter has not toted the proper phfase °logy. The attack on the country backs is unfair, as they ha ..I not deserved the censure. If they had given all the facilities whin I were required, and which are ascribed to them, more of cotton an -A of' iron goods would have been purchmednand Moodie wilt Anita,. have been aggravated. Mr. Burke had warmly enlogited ut a t country banks, to the institution of which he attributed much of I: a commercial prosperity of the country. He ( Mr. Smith) thought would be the better course to sift the mantel. to the foundation, a. i to g° on a little forger, suppose for a month, as they were at passe nn (Hear, hear.) The measure should not be brought froward id 116,n a rapid manner us to alarm the country. lie hoped that Govern ment would proceed with the business, As he felt entailer's' she measure wqs radically right. Ile was anxious to speak on this question the first opportuninity whirh illness allowed hint. At the conclusion of the speech of the Right Hon. Gentleman (Hr. Ift a kinton) be could not understand why that Right Hon. Gentlentna wits so enamoured of the. gold currency. No nation but this .a satisfied without a gold and silver mixed currency. In fact, silver could be so easily procured, that it presents an obvious induectuer t. for its adoption as a standard. It may be said that country banns do not like silver, and that they are too fond of issuing their Own notes instead ; but Hon. Gentlemen should bear in mind the gset facility which is given to the circulation of counterfeit silver, inn the trifling punishment which awaits detection. He tecolleetied a i instance of the kind, in which certain individuals canted shout bal.. crown pieces in a car, oral were cirenlating them extentively through. out the country. At last information of the circumstance was giver, and on searching the car 2.100 pieces of that species of coin were discovered. The crime of the individasls concerned in that transac. lion was certainly one of a nefarious and dangerous description Ib a commercial country. The offenders were taken up, prosecuted, con victed, and sentenced to not more than twelve months' imprison ment for their heinous offence. Of this trifling check, which op proached to impunity, be did not approve. He would infortyntne Bight Hon. Gentleman of a fact which was important, but pro bably did not occur to his consideration. Part of the silver coin t• 0 this country consisted of five shilling pieces, and this was cestainly the best coin, for a reason which he would mention. lie haft never known that one of them was counterfeit, and the awn of their exemption from the counterfeit process was the difficulty of imitating their exec Lion. This difficulty was caused by thd tr. scriptlon, Which was made in raised letters on the outside of tt n tie. Ile stated the fact, and asked why it wrosthl not be proper t i adopt this safe phsrr of coinage, so free as he had mentioned it to lee from the power of forgery. He would also recommend that too tender In silver should be increased to 4412. or to AL This plan, Is calculated, . . . . . . or anent. - 1 - neir tendency was To co Gentleman (the Chancellor of the Ifix. calculated, would produce a great citeulatioe through the counter— . tir a circulation as was much required. A 4 . proof of its ncce f- armt wa no easy matter to restore ann. 1 he could mention the cane of a reanufauuting district whsre ngly difficult task. No trifling degree no sliver was to be procured In any degree pmportioned to the de_ aid panic as had occurred. Ella_ ma___ a consideration of the time. For what mend. In thla exigency the proprietors*, the establishm entpubinno,r. adopted the practice of paying their men by an otter on tire entry ,yin a state of war which would te. This wu a moat denseraltsing mode. and Abutter expedientime.2er stion to support its continuance f Did of those plagues whhh'idlletentinitlnd aidatabia alarm h as b een create d by the made while hes been ese to people would be premed for a MM. of the circuttiatences,should be checked as speedily as possible. Coo_ adopted be ()utensil**. Matters mite subsiding ice* . .. etonciied to their sufferings. HU*, comparatlie U1'11(01 1 112; although they •Ited not esthete .. ,..ies , : f and the occurrence could not thereat. m illi b o e n e ti n . ta l i r i i i tthht s ( t h a e te av e . f , a4ti or ts o l ver ha 4 tilet- oe. ended that .bs save of the community. War lied left J a nu a ry. since eta the w h e ft e d h o me I t itettfiely , _ m w on h es en ti t mo be u let of t or er oo t rh o i w betitneitity he * : ri beibest e.vimilev isd r 7 whadko w loir ria t :: airrimp oll munime the ina llnr saic.... t bathe t extent. Such was the fact ; but it wee a mbled, the t Illiti 'was nu Syniercloo"A tir n it ... a .._ had happened. Speculators had before B ate o r the Wen ' - which ie ha linen „„ ._.., saw thi r e ar: 1 the country, and he often 'stied them h o p e d that ..A M •re Noa h ••• is is., t. Now it was the duty of all to rektor* .limber , bet 1 y tioold *rem* ... ,____. sot as he had obterred Wire, St vie ini =rpm farnismits of Mt , ...... a 2, 1 confidence into the people. They sent' late . th e imendiatfily. • No 111 ,!•,;,w7 "`"' ' d not esbmit to be dregoonett into ill necess4 101 1 101fbffprffr".7r... . ..nr ... .. . ... 41,4, ... talliellillilligliMi ASSESSED TAXES. Mr. Tierney, from the Tax Office, brought up a return of the taxes.—Ordered to he on the table. UXBRIDGE; RO BILL. Sir CHARLES COCK ERELL brought m a Bill for Lighting and Watering the Road leading from T►burn Turnpike through Shepherd's Bush and Hanwell.heath to Uxbridge. Mr. GREEN moved for a new writ to elect a Member to serve In Parliament for Oxford, in the place of Mt. Eben, who has ac cepted of the Chiltern Hundreds. ABOLITION OF SLAVERY. . _ Petitions were presented, praying fo;Ttleatioliiion of slavery, by Mr. Littleton, from Dudley ; by Sir Charles Cockerel, front }sham; by 2ilr. Lindsay, from the Session of Dundee, anti signed Bethe Moderators by Mr. Sykes, from Collingham, and by Mr. nett, front Melkshain, in Wiltshire, praying also for an equaliz ation of the duty on East and West India Sugars. CORN LAMPS. Mr. Sergeant ONSLO%V presented a Petition from Notting ham, praying a revision of the Corn Laws. lie said that the state of the manufacturent by whom this petition was very Butner signed was in a moat deplorable condition ; the mechanics short dine ago were in that state of comfort to allow tbemsel , merely the necessaries of life, but to indulge in the er luxuries, were now obliged to work on the road for one day. The petitioners complained of the partial operation C,rrn Laws; they thought they were unfairly dealt with neighbours being allowed to import their manufactures country, while by the operation of the Corn Laws, the' , late were sold at too high a tau to enable them to compete manufacturers of foreign countries ' who could live at * °keeper rate than they could. I t had been stated by that House that the manufacturers had lately altered on those laws • but when they saw the petitions already presen ted, and those which he felt ward hereafter presented, against them lie was convinced Members would perceive that the opinion. of the. haring classes on their unfair indiums and tLfrl were still unchanged. The eff e ct if the to uphold theagrictiltural interests and to &pros lboos nun l eturers ;ihat would be productive of ippek d reerislt u s. be felt perfectly certain that if there was not *glen u 1 .41 1 .1 r adept .brovest next year, they should witnem the sorrosess d sad see the manufacturing classes in a worse situation than at My farmer period. He thought the Corn Laws ought to. be revised before they allowed foreign manufactures to be imported. The oppreeliee t og weight of the taxes rendered it impossible kW ry numerously obvious or necessary in these circumstances than that Govern. chanica who a ment should ruts an Act declaratory of the law. and maintain. themselves not ing Lord I:llenborough's decision; but instead of this. Govern. enjoyment of meat dial nothing; that was its rule of security. In like nuke- ne shilling per ner, the Attorney. General gave notice last Session of a Bill oration or the to prevent wild speculation, which Bill lay on the table daring with by their the whole Session, without Ministers deigning to take notice of it. sea into title So that the imputation of cherialting .speculistion presses! much i necessarleekof...inere severely on Ministers themselves than on the country bankers. spete with tire But why did not Ministers think of repealing the Act which gave a censiderably the Bunk of Englrnd its charter till the year 11C1.1? Ile would y Members of ask on what ground the Bank held its charter 7—an Act of Par. their opinions !lament. Aod on what ground did the country banks issue their a which were paper?—on Act of Pairilantent ; the fincupty to both uses was red would be equal. Then, why did Ministers feel . bound to keep faith in winced those one case and not in the other ? lf Mt et which enabled country the manufac— bankers to issue their notes was r how miel would, be the ft real operation situation ! 'ln 1822, when pressed r such a measure, they eitapt ru ~Laws was • all interference, and when an parttuilty haebeen given them to me of the ma. make a large issue, the) are au 4,2 earlid upon to retlet—littid. i ll lodge& aced be denly he would say. for altbo t a period wee notOntilly'llteri t and abundant sears. St "Ada really be but eighteen menthe. Is lies said list 'stress, sad see they bad 'planed Visetr.pewer by everdesaeb but bad not the Brink Ist any former of England done ;he ewe? had they nott,, altered tlse lulu by the revised before guinea to 275. and get It wise not dedimed just to deprive them on The oppressive that account a Alai ;Warier ; but thefatt , Ihtlf of' 44 over.issee glistunmak. idOtta of .dowoj. th a t -charier; Otadcm= lay that the gun poets IRISH DISTILLERIES., Mr. Alderman WOOD moved for a remre of an acrouot of the total amount of claims made by distillers its Ireland upon a draw. back of Is. per gallon on spirits exported (mar Ireland. MR. KENRICK. Mr. DENMAN said that as the discussion of this Gentleman's ease had been postponed, he was anxious that notice should be given that it would come on to-morrow; he meant it merely as a formal notice. TheSPEAK-ER said that he had better Wet it toe later period. BONDED CORN. Colonel DA VIES moved for a returnee !ha quantity of wheat bonded since 11;19. the year of closing Shemin'. TOBACCO AND SNUFF. Mr. HIPME moved for an account of the limy received in Lag. land, Ireland, and Wales on tobacco and.4ootr, *ince the year 1799, distinguishing the proportion of duty all each. Also for a re turn of the quantity of those articles which were seized by the Pro. ventive Service and otherwise. since the same period. EXPORTS. Mr. HUME then moved for an account of the quantity of rum, brandy, g eneva , wine, and tea, exported from England, Ireland, and Was, since the year I/105. Also for an account of the quan tity of rum which had been imported into England, and what re tained for home consumption, from 1790 to LONG ANNUITIES. Mr. HUME next moved fora return of-the number of persons insured annually, from thw first opening onbi Office to the 3112 of December 1823, distinguishing the numberof males and females; 2d, for a list of the ages of the annuitants; distinguishing then by intervals of five years ; 341, for the amount el the Three per Cents. transferred and bought in each year, and their value, at the *vases price of the year, and alto their value in s e aggregate ; 4thy for the amount of the annue) payment made 4 the annuitants, and also the aggregate amount ; Sth, the number of deaths of the an. nuitants returned or known in each year, u to the 31st Dec. INS, distinguishing their wet by intervals of to years; 6th for the amount of the • - taxi which fallen in by those said 0 ant oi ... atm, payments ... deaths, and their aggregate -mount. Thelloo. Member . that in moving for thole returns he was anxious to possess as much in formation as possible, to guide him in the views he had taken re. lative to those matters. Ile was confident that those returns would bear him out in saying, that though the population of the country had greatly increased, and was still continuing to Increase, the taxes had most sensibly decreased. Those Annuities were received under the dilth Geo. 111, chap. IV!. Eighty years had elapsed since they came into operation, and nothing had been done to alle viate the weight with which they burdened the country. He was convinced that nothing could reticler suck essential service to the country as a redudion of the national duties. In the natural course of events, where the population increases, the consumption of all articles should increase proportionably ( but here, though the po pulation has increased, the consomptioe has diminished. There must be some cause for this; and in his opinion they must be very shortsighted who did not attribute it to excessive taxation. SILK TRADE. Mr. P. MOORE presented a petit'oa from the weavers and manufacturers of Coventry, against the introduction of French silk. COMMITTEE OF' SUPPLY. On Mr. HERMES moving the order of the day to bring up the Report of the Committee of Supply, Mr. SIARERLY rose, and said he took this opportunity of, telling the Right flonourable Gentlemen (the Chancellor of the Exchequer) thut it was his intention, in the Committee of Ways and Means, to call the attention of the House to the subject of, Exchequer Bills, and the connexion tied subsisted between the Bank and Government. He mentioned his intentions then, im order, in the first place, to give fair mtierl; and secondly,. that the Right Honourable Gentleman might tie an early day far die. emotion. Wednesday next, we believe. was thew fixed on. The Report was then read, in which it was resolved that the following s u ms be raised ; viz.— - Per payment of Exchequer Bilk dra So • . waxen° Public Works and New Churches . - • Mal For supplies of Service in the years 1823.24-25 . 3,00,1/00 The Report was laid on the table. BANK CHARTER AND PROMISSORY NOTE ACT. ' On the motion that the House should resolve itself into a Com mittee, to resume the discussion of this question, Sir JOHN WROTTESLEY rose, and begged leave to state the reasons which compelled him to take the sense of the House - en this motion. Objections had been mute to this course on Friday last, when the House were still unacquainted with the plans Of Government; but how much better founded would those ob jections appear now, when these plans were developed. All who had beard the proposed measures of Ministers disapproved of them; they were dangerous as a future provision, and fratlght with eft eumstances of present aggravation. This he believed to be the general feeling, and called for the support of all who acknove ledged it. That House was wont to listen with peculiar indul gence to those whoSe interests were involved in the discussion, but none were so sure of experiencing from it a kind and patient hear ing as those who Wee to vindicate their honour and Integrity. (Heir, hear.) On these grounds he solicited the indulgence of the House. But with whatever kindness he might be listened to, he still felt himself inadequate to the task he had undertaken— * task so difficult that nothing could hivecompellecl him to assume itbut an imperative sense of duty. He needed not to remind the House that the subject of debate was or the greatest int penance, both from its intrinsic merits and the striking diversity of opinions it gave rise to, relative to commercial eMbarrass. Menu. He would begin by remarking on the merit which Mi nisters assumed to themselves for making the recent diatresses a prominent part of his Majesty's Speech. Ile thought that • very dubious merit. If Mintotera had stated their beset that the corn. menial distress was of a temporary and transient nature, the hopes of a natural remedy might in Some measure have cleared up the general despondency, and the present melancholy state of things might have passed away, but, instead of that they announced die public misfortune and increased the gloom. Much mischief was done by this authorised statement of Ministers. To this must be added, that cruel letter (hear, hear), a letter so un worthy of its authors in style as well as feeling, that he was die posed to doubt the source from which it came; he thought it Might be'the production of sonic clerk, but it was ascribed to Ministers, and they unfortunately never conirsdicted the rumour. The first remarkable thing in this letter was the accusation levelled against country bankers, as eider* and abetter,' of rash speculations ; this charge was so far from beihg true; that it was the peculiar business of country bankers to watch the ceinduct of their customers, to want them against haaardoue speculations, and if not attended to, to withdraw their credit. This, therefore, was a most cruel and un founded assertion, not recommended even to the most superfid4l observer by any colouring of plausibility. The history of the late speculations would easily explain this; they commenced end mt. tended principally in those districts where local notes had no cited; lotion ; they began among the cotton dealers in Liverpool and Manchester; they next manifested themselves in the Stock Ex change in Loudon. But how could country bank note. affect:4l this How could they generate or nourish a rage for speculitiogetf far beyond the limits of their circulation ? The belief, therefor*. be the culpability of country banks during the late 'peculation* Into at variance with facts. But Ministers said they had warned ylke country of the danger of speculating. Could they tell what their warnings, or when they were uttered ? He would briefly . the House what share Government had in discouraging this The spirit of speculatloo began to make its appearance at the end of 1024. At the commencement of the next Session of Par liament a legislative measure to prevent bubbling was tinder cos sideration, but wise discountenanced by the majority of Ministers. After the South Sea bubble, the Government of the cohntry had enacted a law, and wisely he thought which rendered wild specu lation almost impossible. The provisions of this statute were red. dered effectual by a decision of Lord Ellenborough ; but last year the Lord Chancellor held forth a different opinion, so as to nullify the beneficial intentions of the statute. What then was more - circumstances ' Govern. - of ;‘;/' ••• • e i l • i 4, -