The British Press; or, Morning Literary Advertiser. — London, England, 1818-04-30 00:00:00

* haps amine* way of remedying the evil—a semen ing mune often did more harm than (Hewe.)—All agreed that the edifice was ill con- Streeter!, and the only question was New it sheold be pulled down.—(Hen..) Mr. PAnuet.t., in allusion to the soma expend* in inakieg reads, theoght that where then improve inputs were wanted, the levying of unary to carry them isle effect was a long adissotage, and items. thately ',paid the original ek Wi th er. He awe curved in the pas pnety ' ' tom and effiretivey in the pfilivell* Mr. asseullons 45,111d e ll i t ia • AT *hat had Mien Tons the Member fee Northumbm e g o estl ass (5 04 45. • Mestet), whin he stated his wish, that ON live &emblem fee Ireland eheeld be by die Home net le mere local queolieue, but that Itiey should is all cane be framed in the some spirit, and with the same poineiple, which pervaded the laws of Greet Britain. He could net, however. agree with him in his ge %end remarks, with respect to the powers which had for as many years been vested io Grand Juries, of local t*xaties for county purposes-Ain matey se levied returned to the districts hens whence it had beep received, and the works divided by the Grand Juries, by affording labour end occupation to the poor, contributed greatly to their benefit and support. He was not mere of at discontent existing iii those counties wish which be was imam. diatelyiegesinted, by the esimilloorthese powers, whirls he tressed might be se reasialed sod guard. oaf by the issarpasal Bill of Mellen. Friend, as to be in every respect umejectionehin After a 'few words ist • low tone of voice from General Ham leave win given to bring in the Bill. DR. 111R11101 LIREART. Mr. Benzes postponed eel Monday nest his tonne for the purchase of Dr. Berney's Library. • WIWI OF 'Mile JotillNALe- Osivhe notion of Mr. BATHURST, a Committee was appointed to consider of the imperfect state of the Genial Index of the Journals of the House, and also to state an opinion of the expense of such an inquiry. PARISH VESTRIES BILL • i _ Mr. C. CALTILST presented a Petition from the Parishioners of Sh Horsleydown, against. the Parish Vestries Bill.—This Petition was had on the table. ANFORIII. Lord Srtufatir presented a Petition from cer taiu persons at Oldham, in Laucashire, praying for a radical Refocus in Perliainent.—This Petition was laid on the table. LOAN BILL. The Cnekcat.r.oe of the Excnaeuse moved the Order of the Day roe the House to resolve itself into a Committee oh the Loon Bill. On the question being pot from the Chair— Mr. Ottektiati. rose, and said, that essentially es he objected to the hole financial scheme set on foot by tht Right Honourable Geutkman oppo site, yet on the present occasion he would confine here 'tido to that clause in the Bill, which al lowed the dank to receive a fee of iod. per 100/. on the 9,000,000/. Loon, and 10d. per 1001. np the 17.000,0001. Exchequer Bills to be funded. Tle Mould move in the Committee that that clause be altogether expunged, as no adequate service was to be performed by the Bonk in return for etch a thole. It was certainly his wish that every transaction between the Bank and the country eould be considered by a Committee of that Rimini and that the Finance Committee up stairs should make ao secutide investigation into the pre med state of the at:soden between these parties ; but r it appeared fn. *het pasted in the House the otherzijght that each ievedigation was not to he expec for some time, be was obliged to ot. tack the subject piece -meal, as opportunities might present themselves—accordingly, when the House was in Committee, he should propose to have that claws altogether expunged. Mr. J. P. GRANT could not lose that, the only opportunity he could embrace, not only to state his objections to the plan of the Right Honourable Gentleman, but to express his surprise that the Right Honourable Gentleman should now, in the third year of peace, come down with a proposition for a loan of fourteen millions—while the House would not fail to recollect that the income for the year amounted to but six millions three or four hundred thousand pounds. Three millions were to be raised by the enema taxes, three more by the excise duties—while the lottery—/Hew)—and a few minor heads. would afford about three or four hundred thousand. The Right Hou. Gentleman had not thought proper to produce any permanent plea for raising the necessary supplies. or to sug gest soy mode of reducing our establishments, and bringing down our expenditure to our revenue. His only plan consisted, not in providing for the exposers of the year by taxes or by the application of the morphia of the Consolidated Fund, as was the practice is Other times but in creating new debts, and applying the pr oceeds of the Sinking Fund to pay of their interest—in constantly heaping up debts, year after. and defraying the interest on them from the Sinking Feud. Thus no hope ap peared, no expedient for eqoalising our income and expenditure—little hope could there be, when, in point fact, we were obliged every year to bor row as mach es we paid. If an individual were to borrow 10,0001. every year, to pay off so much prior incuntlininces, and were afterwards to boast to bid friends, that he was clearing his estate, what would be said, but that the emu was insane ? The only difference would be. that he would be loading himself with the additional interest of so much. He was far front meaning to speak with disrespect of the Right Hon. Gentleman—but he must be al lowed to declare, that his plan seemed to him to be one intricate and perplexed in the extreme. Alto gether he wanted to borrow fourteen millions, to make good the deficiency of the actual income of the year—three of these, he told us. were to be raised by subscriptions in cash, but how he was to procure the remaining eleven millions he had not told tic It was to be presumed it was by fund. ing Exchequer Bills. The plan then coina to this—the sum exceeding the actual incoming Ways and Moms of the year, waste be supplied by money paid on a transfer of a certain sum front one stork into another by roadie; Exchequer 13 . 11 . and issuing oat others. The only eject he could see in the plan was, to thee, • veil ever the eyes of the country as to the red stets of our linsucel, him with easkiog • not increase so the unfunded debt in the mode of the lest three years. With' teepee to that remark he Inuit obserye, that had Outs: (the PrOpetty Tax) he rectienmended in the first of them part been ageopil to 'by the Noose, that charge could est N be Merin ve* his ; but, en the re jeete of that phoebe the Hesse, he was compelled to add to the tiolneded debt ' • for he knew bet two way* of raisiits.moiey—either by taxes, or borrowing I and foe many resume, he bed preferred an intreeme of the noturided, rather this of the fended debt. But let Oeptlemen see what wit the attisal;operaties of the idea then taken up, sad sow so much cavilled at. t was this, that if it had Sided eighteen milli4ol.:to the unfunded debt, it had minced the funded by tweet, mallow, a sum etteirralent to forty millions in Exchequer Bills. He had compared his plan et chat of a pri vate gentleman borrowing ten thousand • year to pay ten thousand a year. But if that gentleman could she., that at the end of three years he had been iu that way enabled to pay off 60,000/. there woald be little reason to call him inane. He had occasion to explain before, . that by the tipekation of the Bill now node the consider-. atiori of the House, a great deal of floating capital bald be taken out of the market.— The resell of it at the end of the year would be, that while nothing would he edited to the funded. debt, it would have diminished the unfunded by a sum of near fifteen million.. The Hon. Gentle man hod been rather unhappy in his former antici pations of his (Mr. Vansittart i s) plans, and be should not be discouraged by latch anticipations from proceeding. The . House having resolved into a eensmittee on the Bill—on the clause being reed, allowing the Bank a sum of 510•1. per 100/. or 000/. per million on the three millions to be raised by cash sith-erip titers, and 10d. per 100/. or 400/. per million on the 27 Onllions to be raised by futidlug Exchequer Bills, for charge of management--; Mr. GRIINTELL said, he was *Volved to divide the House on that clause. lii order to explain the ground of his opposition, it would be necessary to go into a history of the service for which this enormous charge was required. lit fact, there was nothing of service. It was simply this-a-the had seen it himself for many years past)—the Bank re ceived from the subscribers to loans, the loans when they were to be paid—when the interest on the stock became due they paid it, taking a receipt from the holder, and entering the payment Under the tame of the person giving the receipt. When persons found it convenient to anticipate the regolar time of payment, the Bank calculated the discount to be subducted, and paid the difference. This consti tuted the whole of their trouble, and for this they were paid at the rate of 10d. per 100/. When Gentlemen considered the vast profit accruing to the Bauk for years peat, from usually holding from nine to twelve millions of the public money in their bands, the great rate at which they had been paid for management, and that every loan created a per immune charge against the country, it was not too much of there to expect that the charge should be reduced, if sot altogether given up. The Cons miner were not aware of the immeuse, sums re ceived by the Bank from the country. He held in his band an account, not of the amount of them during the war, but for the last seventeen years— and the Committee would be surprised when he ' stated from that' that the nutrient of this charge of tod. per lent during that period was no less a sum than 324,0001.-A-(Heer, Aeor, Aear.).-IHe stated this in the presence of an Honourable Friend opposite, • Batik Director, who might cor rect him if he was in error. The way in which the clause was worded furnished an additional reason against consenting to the charge of 8001. per million. That set forth that the charge was for clerk.. It was probable that the origin or it was ; that at first the loans being small, this charge of management was granted to the clerks for their additional trouble, as a sort of bonus, something like • Christmas-box to a clerk in a private 'concern • but that afterwards, :is the sum arising thus be came considerable, the Bank appropriated it to themselves. He was borne out in this opi nion by the conclusion of the clause 6' That the said charge shall be to the use of the Governor and Company of the Bank of England." He had wished the matter should be investigated by a Committee of the House. He need not state that iu two former Sessions he had endeavoured to bring about an inquiry there. He had neglected it ibis Session, on account of the oppointinent of the Committee of Finance. tie had been of opioion that they would examine every part of our ex pesditure, an opinion he had been justilicd in forming by derlonitiosair made a considerable time beck by Gentlemen in the Howie, that the charges on which lie was animadverting would come under the eye of that Committee—and it was with surprise he had heard the other day from authority that that course was at present in. convenient. He (Mr. G.) had then given notice that he would oppose this clause. It was out to he supposed that the Bonk had suffered the profit of 324,000/. to go to the recount of their I kilts.— Their profits ou the transaction now under discus sion, would, if the clause come to I 3,i00/. He ta remained, almost forgot to add. that taus was the first instance of any charge by the Bank for fund. Mg Exchequer Bills ; and he could not divine the reason of its being made now, unless it well lu sbew their triumph over him. He would move, that the entire clause be expunged. The question having been put, 66 That the clause stand part of the Bar— The Cuancitr.oa of the EXCHEOULR thought there could not be a more tit subject for the con sideration of the Finance Conn iiiii ee than the charges made by the Bonk against the public. But he certainly did say a few nights ago, that for the present it would be more romvenirgit to defer that consideration. There was no limn more anxious than himself to have due inqiiiry mode nit° the profits accruing to the Bank from manag ing the public business. 112werer, the charge ob. tins Wm., Amami the Sic , I, *of every mon to .is himiteir Meow it wide. He Id thought it rigid to throw out these few re• Meets, bemuse be saw the plan persisted in from grid to year of going on liewrowing, and mein not the least prospect of an escape from it, he felt tiabowl to eater his protest egoism it. the CUANCILLOR of the EiCIIIQUER said, that the Hon. Gentlemen who hod sat down had taxed jected to had been senetioned sainemishi . coshes from the time of the Revelation. 'IAMB never was an instates of • loots where • eimiber charge was Not made. The Hon. Gentleman had slut very accurately stated the services fir which the Rank claimed this payment. The Bank were not merely receivers of the sem sulaserilead. bet, alerever, had to jullge of the accuracy of the whole transaction. and incur the responsibility of it. He should not have felt himself justified in redwing the charge. H. would new advert to the statement that this was the first imamate of a charge for fading Exchequer Bills. It leg true, that the Book had never be. fore received may allowance on the operation, be. cause they had 'little or no concern in it.-- Bat this was est merely a funding of Exchequer Bills, but sousethiag mere; it was a complex ope ration. In carrying it on. the Bank performed a great deal of what was before managed in the Ex einem Office; and there was, besides. an increase of responsibility. They incurred all the respeasi. bility of an ordinary Imo, with much more trouble. The mere creation of • new species of stock entailed a heavy expense so the Bank—au increase of officers, of clerks. and other annual charges. He trusted the House would not consider the charge of four hundred pounds per million too large for that part of the management; the other liad been sanctioned by immemorial usage. Sir J. NawroaT said, that the Hight Honnur. able Gentlema n a llowed that th e count-Ty had been now loaded with an additimmil charge never incurred before. He had accounted for it on the ground of complexity in the transawdon. 11111' own opinion was, that such was siwaZa the effect of complexity, and that betides it discouraged competition. and left the country at the mercy of stock-jobbers. He could not see why the funding might not be performed by the Exchequer Office, but the ad dition of expense to the public had so far diminish ed the value of the transaction. 'llse Hight Hon. Gentleman had been continually changing his plan from its first publication. Indeed. for the last three years he lad been constantly on the watch it the Stock Exchange, and his fluctuations had loaded the country with a great addition of expense. The CHANCELLOR of the EXCHEQUER said, the Hon. Baronet had complained that his plan had thrown the country en the mercy of the Stack Exchange ; but he would insist, that if ever there was one that delivered it from their machinations * this was it. The variations had not produced a charge of au additional shilling on the public ; but, on the contrary, had saved it much. Mr. J. P. GRANT said, that the Bonk had re ceived as much on the landing the twenty-seven millions as if that sum had been au ordinary loan. The CHANCELLOR of the EXCHEQUER said, it would be impossible to raise a loot' in soy ordinary way, without i►tcurring much addition of charge; it was wrong to suppone,that the Bank bad an al lowance on the whole sum to be btu-totted. lir. Gassirsta. replied. dust the only defence made by the Right Hon. Gentleman fur the clause was immemorial usage. But that was the very reason of his objecting to it. It was tno &truce— it would be a reason for continuing any old abuse. But in point of fact it was not entitled teen to that. for considerable diminutions at dif ferent times hod Imes made from the allowance* originally fronted is she Bonk. If it was founded in equity and justice, let it remaiu; if not. is. God's name I blot it out. The Right Hon. Gentleman had talked of the necessity of a new office, and new clerkfi he bad his doubts on these points ; but od witting it to be so, had Cie Brisk nothing to ream. nerate them ? Could the Committee forget the rest increase of charge proceeding from the ere*. lion of 34 millions of stock ? There was puthiug said on the subject drit did nut serve to satisfy him of the usireasouableness of the charge, and that it was roundest on that spirit of ►al►rcity used the expression of Isis lamented friend, Mr. Ilurne►) that characterised all the transactions or the Bank. The Ctrs /mutton of the EXCHEQUE:II made some remarks, which were inaudible ill WI. Mr. GRENVELL 144.1, dirt not a farthing was charged on the conversion of the one stock into the other. Hot did he (Mr. Vansitturt) net fund i 7 mil lions of Exchegner Hills, and would not the Hank receive 4001. pe► million on the t►anaiction,muking • total of .bore tett thoirsatid pounds ? The CH A CE I. 11.0 R or th► En:HES/I) ER was rather inclined to confess he had ben► under an error. Mr. BA ritEll thought that the Committee or Finance wa► not competent to enter into the con sideration of the matter. The Ilouse then divided on the que►tion, when there appeared— ... Fur the disuse ♦.... 40 Apiiist it Majority _ . On returning to the gallery. we found Mr. Gattnru.t, anoving di A the Chairman du leave the chair. sod on a division there appeared— Foe the motion Ss Aphid it .. . 44 Illajority against the motion .. After some cooverestiou between Mr. GRENFRLL end the CHANCELLOR of the EXCHRQUER. the rem: • •og chimes were reed, the SPEAKER resumed the Chair, uud the Report was ordered for to morrow. dir. BROUGHAM moved that there be laid before the I I Iblige— " An Account .f the number of Commissions for Clio ritab,e Uses, appointed risder the Art of the 43J of Elia*• both, previews to the year 1716, and since ;" Alan, " An Account of the number of Petition* presented to the Clitincellsw and Vice-Chancellur, complaining of shears he Charitable Isisditistions," Also, " Of all Charitable Institstlona, to which dims lions of a certain description hare here made "—Ordered. Mr. Pitt. moved for leave to bring in a " Bill to alter and amend an Act of his prevent Majesty fur making further regulations in the building and repairing of Court-Houses and Session-l-linms."— Leave having been given. the Bill ants brought read a lira time, and ordered for t second reading On the motion or Mr. BIiPM Err, the Hun•e re• solved noel( into a Committee on the Conviction of Otlenders' Rewards Bill. In the C mittee. the lion. Gentleman moved !several verbal amendments, and two new clauses, which were agreed to. The House resumed, the Report was received, I ca a \ C • • FOREIGN INTELLIGENCE. FRENCH PAPERS. PARIS, APRIL 26 ) . CHAMBER OF DEPUTIES. SITTING OF TIM gSTH OF APRIL. mid or d erei to be tikro.iuto consideration an Mon day next. The Pardons under the Gicat Sell Bill was read the third time, awl peastd. . . Mr. Afdermain Wooer rose for the purpose of postponing the second raging of the frith Partner ships' Rocooragetaent Bill. Mr. PLEI. was anxious that those persons in Ire. land. whom this Rill particularly concerned, should have an opportunity of making theineelves acquaint ed with it. He therefore suggested the propriety of postponing second reading to it, diigant day. Mr. Al WOOD then put u the second reeding to this day fortnight. Mr. flncimonn brought up tlie t. lieport off ' the Cotton Factories Labour ltegulishost Bill, which was agreed to. and the Rill was °Ailed to be read lilt third time to-morrow. The Report of the lAi 10 tirerb' Wages Regulation Bill was agreed to.—Tiiird reading tu-morroN. The House then adjourned. At one o'clock the Sitting commenced. The Duke of Richelieu, the Keeper of the Seal% sold the other _Ministers ore intredneed. The Duke of Itichelieu-- ,, At the commence ment of your Session the King enured us to apprise you of the hopes he entertained of disninishitig the charges that press upon ou► country, and of effect ing the evacuation of tier territory. 4 4 We now present osrrw•wcs. by his orders, to com muilicate to you the result of certain negociations already terminated, and to denuilid of you the anvils of concluding tho-e which will take place, we dare flatter ourselves, before you again assem ble in this Chamber. " lit signing the Treaty of the 30th May, 1814, the Contracting Powers reciprocally renounced the whole of the sums due to them, bat iu tasking; this surrender of their own rights theGoverisments' were bound to cor►seCrate dime of individuals. Particular Articles declared their guarantee. France formally engaged to liquidate and pay the suous flue by her out of Iwr own territory, to individuals or foreign establishments, in virtue of contracts or formal engagenients. Measures neces sary for the accomplishment of WO Obl►gattola which France had imposed ulnas herself were in course of adoption when the melancholy events of )615. came to destroy all the hopes of repose and prosperity winch had been previously conceived. " I shall riot, Gentlemen, retrace to yon those sad rerne►nhrances. still too present to your memo ries, but let me be permitted to say, the idea alone of mitigating them has sustained is. in the painful task which it, perhaps, at that rime required some courage and some devotrou to undertake. •• After the dioartroos epoch to which I h.ve re ferred, France friend 10-Nrlf wider the weight of two sorts of charge's. One fouttited on the Treaty of the 30th Nlay, 11114. relating to the debts coo traded at different periods towards the sulijecto of foreign Goren's-news ; the other, created by the Timely of the gOth November, gave us the Covent awed. themselves for creditors. " The former, those which have heeti the ob ject of the tiegociati 111 l which has frets terminated, have had for their object, as you are aware, not as some people affect to believe, u► procure in demnities to the inlntbitsiits of the countries crag. ed by the war, and still less to grant any to the Governments of those countries ; but to aseurrthe payment of debts coistnicted by virtue of positive acts of the Government and legal otiligations. Po licy may change the relations of different countries, Intl individuals might not to softer by these changes; obligations consecrated towards them ought to be guaranteed and maintained. The credits of which tlu• Convention of the , 2011. of November has ;ore seribed the liquidation, ate not sights moil tides created _against Fra►dee. That hiss fur its object only to give security to those which existed pre viously, independently of every treaty. " In couteinplating Ilse affairs under this point of view, which is the only just, as it is the only true one, vou will judge that the iickiimiledgment of our debts towards individuals and 111 'vote establtsh ►nent• out of our territory, is derivril Irmo a princi ple of civil right, independent of every political convention. Su was it, without difficulty, admitted by the Treaty of the 30th May, 181 4—the two Conventions of the tight November. 1815—relative the one to ttir subjects of the Continental Powers. the other to those of Great Britain, could only de termine with more precision the applications of this principle, sod regulate the forms of the liquidation, it► applying to the payment of debts of this nature e capital of seven ►uilliutts of retoes. These Con ventions stipulated. that in case of Noy deficiency. the French. Government sill be bound to provide fur it. " It was in pur.uaner of this that dor law of the -23 d of December, 1515. created a supplement of two millions of realer. The importance of this re serve could not hr maprevinted at that period, in as much tl II the sum total of the credits was not then capable or an approximate valuation ; nut to prin ciple it was difficult to contest it, and is fact its amount was altogether unknown. " A year, reckoning from the date of exchanging the notificatiims, haul been granted for the presets.. tattoo' of chitin'. If expired on the 2ttth of Fe-. !treaty, 1817. It was not until after the expiration of this term, and when the whole amount of the elating had been ascertained, that the French Go. vestment could discover that they formed each a muss, that in applying strictly to their liquidation, the rules prescribed by the Convention of the 40th of Novenolier, the amnuut would far exceed the capital as,igised for their reitnbunlentent, and that a considerable deficit would still remain to be covered. Tins deficit would have formed an immense debt. if it had been imposeible to calculate it, and to refuse before hand to satisfy it, it was a duty to represent it as evidently exceeding the provision of the Treaty of 1815, and the strength of France. " This duty the king's Ministers hasten to per. form, by apprising foreign Courts of the unezpect. ed mutts which had been thus revealed. A sago. *% . 1 citation was opened for representing to foreign vernments the situation in which France was placed by this stipulation, made in goad faith, mid in the interest of every people. The King spoke to thens in the language of confidence and frankness ; he addressed himself to Sovereigns worthy of hearing " I would it were possible, Gentlemen, to apprize you of all the difficulties inseparable from such a negociation, unexampled, perhaps, in the initials of politics. It was necessary to combat unt agaiva general views, not against political combination., hut against the prejudices, frequently exaggerates!, of a multitude of t•reditors solemnly invited to make good their claims, and who from every part of Eu rope pressed the Government, and denied, as I may say, the right of disputing their claims. " These obstacles, of a natnre hitherto unknown, would have been perhaps insurmountable, were It not for the sentituents of equity which animated the Ministers rhsrged to examine and 111111111 dill the interests of the people, and the impartiality and moderation of the illustrious mediator whom the confidence of Europe had invited to preside over this important negociation. It has been at length terminated. New Conventions with 311 the Slates which bad taken in that of the inth of November, 1815, have definitively regulated the debts of France towards their subjects, and the means of liberation. , . " His Majesty has commanded us to coramoni elite to you the result, until he can lay before you the Acts themselves, when they shall have obtained the necessary sanction to permit their publication. " One of these Acts concerns the Continental Powers. The amount which Frossiee•lias to loutish for liquidating her debt toward. their subjects., is definitively fixed at 12,040,000 fr. " By a particular arrimgement with Spain, one million id specialll set apart for what is due to that Power, by virtue of an ,additional article of the Treaty couchtded with her in 1814; but as this article is reciprocal, and applicable to the French ereditoni of Spitio as well as to the Spanish creditors of Feistier, it has been stipulated that the funds to defray Mitt portion of our debts should remain in deposit, until' the Spanish Government shall hare,• according to the bases and . prindiples-uf the Treaty, satisfied the just claims of the French. " A Separate Convention, which has been con cluded with England., to assure the execution of the additional article Of the Treaty of the :30th ef May, 1814, and of the Special Convention of the 90th November, 1815, hxes at 3,000,000 fr. of realer the definitive completion of the funds, of which the payment has been stipulated in the 4th article of the Couvention, relative to the tiou of the debts due to the subjects ef his I.li non. nic Majest:y. a Thus, Gentlerhen; the arrangements t;l%t have been concluded, impose on us the oblizatioa. of creating 16,040,000 fr. of renter. I lis 11;.jest has co aaaaa lutitled ut to preseht the law fur inser:lmig them upou the great book. " By this, Gentlemen, will be finally closed that abyw of which, in 1815, it was iiiip..ssible to utea- M the depth. and which threatened to swallow up the public fortune. " It is doubtless distressing to us to present rift with a charge so burdensome as a great consola tion. More than once in the coarse of' our eff have we been penetrated with a profound grief, iu considering that a burden our country would to beer, even when we should have obtained all that we demanded. But now we have the consola tion of thinking, that we have neglected 'nulling to diminish it, and theuce has arisen our resoltition its bear the responsibility of submitting the Treaty El the consent of the King. " To appreciate the result of our efforts, it is necessary calmly to draw jour attention toward , the pest, and to consider all the consequences of the disastrous system which had tteettnoulattBl out France charges so exorbitant. The mass of claims presented mounted to one milliard six iiiiiidred millions: of this wars about 180,000,000 have been transferred to the fund of credit, created by the law of the teth of April, 1815. About 30,000,000 have been declared inadmissible, and there remained one thousand three hundred mil lions to be liquidated. " Of whatever reduction this sum might be con sidered susceptible by a liquidation, conformable to the regulations traced in the Convention of the 20th of November, it is impossible to believe that it would have remained at the amount of the capital represented by the rode of 16,0.40,000 fr. which we now require you to create. " To secure the exact payment of the sums lit!S• tined to acquit our debts, it has been deterniii.ed that the liquidation should be continued by the Powers themselves towards their own subjects. Prance will no further interfere in this labour than in giving the means proper for facilitating it." "The epoch is now arrived in which France is to receive the pike of ber courageous resignation. Holding these Treaties, of which she has fulfilled themosit rigorous conditions, she will not demand in vain, from Europe, to fulfil in its turn those which are favourable to her. "The Treaty of the 40th November contains these words :--• Tire military occupation of France may terminate at the end of three years.'—This term approaches, and every French bean , beats with the hope of no looter seeing on the soil of the country any other bunters floating - than French banners.— The Stuvereigns are going to assemble to pronoutwe upon this great question which contains the demi ines of Europe. These are no longer those confe rences of Kings which history has so often traced as a melancholy of the concert of atreng.it against weakness. Prel ' a ri is august union will oprit under other auspices. Justice will preside throe. The sentiments already manifested by the rulers of nations proclaim before baud their decision. They will yield to the wish of the King, to that wish. which, after the example of his august fainnly, all France repeats every day with an noontime* voice. They have already heard it s and know that the conditions, of which you are going to vote the accomplishment, are not the only ones which we have fulfilled with a scrupulous exactness. " In fact. the most perfect tranquillity reigns throughout France; our instifutions develope them selves; they increase is strength with so moot the more rapidity, as, at epochs so active as our.. days possess the importance of years. The Charter, open to all parties, receives them not to be usurped, but that they may unite, and lose themselves in its l to SV L►w, Chas in th the S Stnte it ill AN ealirl May, 181 b, ad by Writ MU{ Marc meet Art credil the G gram] sum. 1 14 , 111 wish AA et wi Artie) NI, cowl the 11 'hall It re' meet projr 'I I day on fl Gene 'lie ( it gocia TI Barn vonfi lencj Lap the I Til BYlol Accts 11 ~-- TI, arrive restiii der u respel aseeri Free,