The British Press; or, Morning Literary Advertiser. — London, England, 1820-06-10 00:00:00

i 1 1 s. I „ ~v ,~, his onlieee. *hien sad grown tote left every jOiti, atilt' 'fever arrived at its whole growth at . laste , -• ilihrStlfer.)—lt did not appear very clear ‘ to him that this did not snmewhalresemble a job. Now he had mule an opporitsun speech, he would eutleavrsur la say sninethi I sg onliWillfser side of the question.— The Hon. Baronet was very expert at these sub jects,. and he was OA to Ott taro of Ilia calibre eis looted in Mori.' Tit?, were 10,411110 t. visored for is petite" of convicts in Sheerness Doeisliird. which was snistethiug distinct from the I.:proses of brains 'ma stocks. lie suppissed this expense was treces. s.ry. It way unporsilde to comprise ewer). oorseco .r 'it the rfilintostes ; bet he irk sure. 1i.,. Sjustst.trollrr was eorscril. ist ecouonii.t of the pnt). lit u ttttt ty. The tesesiiries fu* the House Well merely the emg)loynseot ..I..rwirwts instead- of houtut la- Wl:rives. Wireu hewer them the other day. &mu c,ore a tlss a l a .lla g :0,111664re till llut cmt uertiutto rogegeti ;)tievr nautical persons were grotleruen with a a beelli.strow restl Picsde each— Ottughieri—asul to put on convicts instead of oral. It sounded mighty well to give the prefer cove. for-the saiie of economy. to those worihy gentry, alto had finfeited their lives. - liberty, Wild character for the brut fit of their courory ;recount of the niisclitef they tool done.— Hist the effect would be, if pursued to ouy farther extent, that the honest oleo engaged would become anxious to turn convicts into rise bArgaitt.---(Langloier.)—They had already been as,ssing %hat they could do to cause a petition to he forwarded to the Admiralty, to implore their I.nrrlships to put them on the same footing us the convicts. But it was to no purpose. He might past as well ask to lie appoiirted a maid of honour. —( binghter.)—The fact was, he wished to put a cotillion to the Hon. the Comptroller of the Navy. Ali immense suns was incurred yearly by preparing ornilenliartee, hulk., and other such establish ments. hut if there could be on more profitable use made of the labour of convicts, they might all • well be sent to Bottom House Bay in the 'Vest li.dies." Then these Convicts were treated deliel3Cy, ►catcrly could one of them move o•at on a dull day. but Mr. Cap. Per was after them. • For God's sake. Sir ! duu't stir out, there'll a cloud over the sr a."—(Laughler).—No g.iitleinste could hire hie health and conienietiee more seclulouvly watched. He begged pardon for wasting the time ov the Sir M. W. IoinLEY said a few words. Sir B. Man Tim wished to shone his gallant etiend that the wharf at Gibraltar would very boon make its appearance above water. With re spect to the convicts employed st Sheerness. it was found that this occupation of their minds served to .leter them float their usual wicked puromits, end .great good effects had been produced by it. In stead of waitiag up, as they were accuatorned to do before, and practising all the iniquity in their I,,,wer when they returned on board, they imme diately turned in, and nothing of the old tunses and di-turfman.s were now heard among them after bight. In the mesa time they were allowed three pence a day, which ran up and formed a Pam suf. b :lent st the end of their servitude. to secure them shelter, and enable them to reset to some homiest course of life. Mr. Hums would not detain the Home long.— He cuulilikuilielp remarking. that on an average et the lamas's* ears, there did not appear to be any saving at all is the estimates; or if there were any, as the Hun. Baronet .had stated, he (Mr. Hume) di I nut know where it could be found.— He would content himself with chewing that it was sot to be roved stnnug the half-pay superennos tons and salsifies. 1/vitinless there were excesses an die two latter cias.; but the increase of .15,000/. 011 the tiro. was rather more thou filial t. , it. By no calculation could the saving be • portended to exceed two thousand pounds.— Another demarlment, which seemed to him este*. . sore. was, die expei.se of building, re-building. and repairing. Lars year this charge amounted tb I ;144,000/i and odd pounds. This year the cheep was 1,145,000/. so that there was no saving ow this •iosisch. Another branch to which he objected was, the expense of the Navy Pary.office. By the re ports on the table it appeared thus the expense of Atilt office was iss.great. now, 'when the stipend/tore lot the Navy was ii,006 ; 0001. as in those years tabell the eependitore exceeded 42.000,0110/. The seeing sou this head was almost .uothiug; further mimic tum might have been reasonably expected ; a few clerks u$ 601. or 701. 1 year had been discharged, ♦,ut the Report of this Commissioners sr Newel In quiry proatd-thet much more trouble had been IWall to find oat if outs ur two petty clerkships cuuld he spared, then had been laid oat on all the higher brooches of the department. The Report or the muse Commissioners recommended awl the comber of Nara Consmisaioners showld-suol be kept up, which recommendation hid *sly hero owed op by discharging the Demsay . Cotyptrol- Still however there erre one Comptroller, Care Surveyor.. end be was not sate that three t:osinousosioniere had net been added. If so, their isalarics west have overrun the redaction effected by diocharging the Deputy Comptroller. It would be a question for the House. whether they would allow the revel expenses for managing the accounts for 13,000 seamen, as wire before allowed for 1417000? This was not consistent with his views eel economy. There was out department to which die bad called the attention of she Hiram before. De bed moved ume months ago for accounts of she expenses for building and repairing shipe foe W. Majesty's navy. incurred during the years 1!117, 1818. 1819, dual al.ri during 1792, 179:1. 1794. These probers Itafl ouly been pill upon the table lesterday, sit 1 ilivit hail been uu time In examine them. ft appeared, however. that the expenses for the phut Judi passed lied been very great. fi r begged particular atteutioa to one fact. The Allard to which he had 'Boded stated, that the Wild unionist of sill the ships in all the navies of the world am about 169 mil. The tiamber of British dap* •Aoat was :44. In 1819 there were 601 soil. 4 ,f which S 4 were not included among 6th rater. This year there Irene 68 sail of the same kind : so that thesh:ps of war maser iiiii g were 534. it sissy three times as large a. aii the other miles in the world. Out of 51. e he admitted that 112 only were it sea. The etpanser of building arid repairs were roar. mous, arid withis 100,000 f. oat of 1,100,0091. of the sae sleet, Me had predicted oa a forayer occasion. The mid etipeuditsre is. 1791 war 415.0•01.—is 1793, 381,8i0/. ; which was lammed by debt in 1793 to 190,000/. Dui what were these to At cx penilitute of the last four )rasa ? The number of ships hail been reducer!. some of them lied beau too much shattered after the long coutismance of the war to be worth kerimig or rriseiritsg. New ships had been paid sill within the beet four yeais, cumpseril with fluor Ito which he had before referred. lu 1792 liPrt. were 111) ohm. ; its 1800, 14 1 34 ' , hips; in 1019. 1.001; in 1817. 747 ; 6.1819, 4190; in 1810, 594. The expesiseti wrse for 1817, 1,199 ten!, liar budding. 11-building, Anil repair. ing its the Kiog's Yard.. mild 'hoar of tlw India Uotiopany art Bombay. The tome exteenses for rsig , were 1,(230,9901.; for 11119, 1,145,4301 ; fur 1820, 1,142 500/. litsnit the whole, there app.-errd a rrtducru.o of 3,000 f. Ile vv•ii ow judge of the number of 61110 urce..ary ; bar t h e Report 'er the Comisiisviimert informed the Honer, that •oltli.olgli they did slot ill - rtetttl to judge whist finer was precisely necessary, they submitted that not ships alone,- not warlike stores, could secure the c..untry ; but finance+ recruited. and resources nu proved by ecosiamy during price. Ile ausicipsted reduction., • which he hoped to see made, of 500 to 600,800/. in repairs and budding. Ile woe Mare, that nut of the number damn, which he had mentioned, those of t h e line at present employed. were no mute thao 164. There was another ilea to which lie would call attentiou. the rnormoni , expense of buildings mid alterations its dock yard,. He thought that to ia itein • was too reel, even compared with the otWl- large ones contishred in the evtimoie. This expense ass for the year I Reo, 451.9001., which atom was over and above the eapeuses of ship-building and repairs. He did tot think it wise to continue the expenditure on itio prevelit prate. A Meinher, whose name we cookd not learn, spoke in favour of the estimates. Ssr B 'MARTIN revlittl to the observations of the Hon. Gent. opposite, (Me. Home). The reduction of ships iu (fit' last foot years had been I 1 broken op, and 550 sold. The Govern: newt had in fact been too hasty in reducing the number. The quertion was not what wes to be considered merely I. an effective force fur preterit circumstance.. A sufficielit number ought to be, and were kept in readiness to go to •ea at the shortest notice, in case of exigency, and all of them ',towed care marl • expel ve to prevent the effects of decoy. -Hr re minded ,the Honourable 31ember, that the three years which he had chosen to 'Arm, 1792, 1793, and 1794, were preceded by five years, in which the most extraordinary exertions had been made to put the navy in • condition of strength. The people io the dock ! prds worked three or fame hour. out of each twenty-four, in addition to their usual day's labour. The expenses of thew greet and costly preparations were paid by issues of miry bills, which were afterwards funded. The pikes of materials were doodle Jurist; the period which the Hon. Member hod chose., fur hie last average, conspored with those of she 1494. The • price of oak timber, which w as ti eo 390. Per foot, was now ye.; hemp. which war 451. Per ton. was now 471. lit 1791 a debt had been created of 3,000,964/. Iu 1818 the debt was only 364,000/. Latterly every thing bad been referred first of all to Parliament, and the repeaters were confined strictly to the grants of that House. He justified therudeo yours which had been made to ecooomise, and by which 68 clerks, lied been reduced to the Navy Office.and 68 in the Navy Pay-Office. lu keep ing op the number of Naval Commissioners, the Board had acted in cossfansity with the opiaion of the Commissioners of Naval Revision. Mr. Hoot explaisied. Sir F. OnsiAnx Re spoke in favour of the esti mate.. Sir I. Covets wished to make a Ministerial speech on the occasion. He did ant think tort tea' affairs of the navy could be messaged better. ale .4lset more economy could possibly be iutroduced *About injuring the service. Mr. To SPIV eV hoped that the opposition speech of the Baronet opposite (Sir J. Yorke). would fawn more effect Boa the opposition speeches which Jure spoke., from his side of the House.--He hoped alio that the Baronet would afivitellect to his speech • by giving sit oppwatiou vote.—(Lareghter.)—lle mentioned it to the Hoununable Admiral, becruee he recollected something shoot ea opposition speech which the gallant Admiral had made before no a similar occasion, but when he gut oat in the lobby he forgot himself and voted contrary to late speech. lie (Mr. Tierney) for once, would make a miniete rial speech. He had had a Petition put lute his hand about a month ego of a moat interesting nature. It came from two women of a family once highly re spectable in Cornwall. Their father lied served the office of Sheliti. He hail ohm Children. Six of Them served in the 'wry, and one in the army. The tie who were in the navy. died is the service of the country. The father died iinnsedissa7 ; a4pr of broken heart. Soon after the you. *au who was in the army. end belonged to the Aotillery, died at Gibraltar. He hpd latterly bees+ their only stay. , The father bad expended all that he could 'pore in educating his sons fur the service. and the daughters were in cousequeoce left without any provision. An application was made to the Duke of York, who behaved to them in the most generous way. but suggested, that as six of the brothers had died in the navy, the moat proper application would be to the Admiralty. They applied accordingly, and the sourer (which JO . Tiertrey real. intimated that Lord• Melrslle had read the letter, and regretted that he conld afford no relief. He (Ads. I'.) regretted that the Noble Lord ahoald have been betrayed, as he must have been, into sacb en answer. Thy Petition Wes then put into his (Mr. T's.) hoods. He *optioned if the statemeuts were true in all respects, and found that they tad been shi continued, before the Duke of York had considered them. He thought it best, hoarser. to sheer the Petitiort. hebiee be brought it up, to the Richt Honourable Gen tle-alma opposite. who. with guest litinuinuv. undertook to procure the Horn Wire a pension troin the Civil Let. They ware not iu the remotest degree ccimected with loin, but their tope had struck him a. one of great hardship and miefeetoor. He had been told of the difficultly of providing for sisters, and of the considerable esteut to whites the proiriaion anus be applied to recoil:torsos the skiers of so many Olken, who had hero slain iu thy service. He could not help thinking that the claim fur such provision Vase. great its assay iostincen lot sisters es fir *rives. How wetly men educated • all their sous for the service, on the sap. positiou that one of Owen at least would sue. ereil and secure provision fur their sister., who-e tat/cation end u.rinta wete neglected up stinted to accomplish that object ? And when, by getterskcalempity. all the sum so *attests/a emoted. what a condition was that for respeet.itile women to fall Wu. their pineal' (wing oleo that it was bee that he bad succeeded. tlsTrott"th llw ho. mine inffuenre of the Right Hooottratae ("le murs, nit behalf the Lathes ist question,. Rut how few persona were in It COW/Homy to tlb tilt.? It was said that of all sisters of . officers were to be itrovitled (or, it would lead to* very gteSt expense. All he contended for was. that there alwnld be a hind disposable fist such purpootee--that it should he strictly watched sod examined, owl its Iseitrtits shoot() only be applied in caws which strongly rrsprirNt it. Brothers were frequently c.illed Lu take upoo themselves the charge of the family when bereaved of their fathers. He pot ►t to the I-6'l%e whearer some food ought not to be placed at the tliiposist of the Arlintrolty, to alleviate the misery of such cars Is, time whirl, her detailed.' fie hoped this proposition would be con:ea:ea by the Right Honourable Gentle "l" opposite. lle would, if the isessnee were I ghi forward. undertake to rho every thing in his power tu defend Ministers firms shy clamour Of obloq•ty which Might be urged against them on charge of profosi tttt in respect to any expense they might think fit to demos.' among the e►ti mtive. fat the furtherance of that object. The Cu•ncet.t.on of the EXCHEQUER frtt as the Right Honourable Gentleman 1 1 4 slate with moped so the particular care which hard been mentioned, and which had been recompensed by the immediate bounty of the Crown. At the sante time lie could not concur in the :propriety of estsblishiag any fund upon the 'Principle which bsti been proposed. Relief fur eases of peculiar adversisy would always be most readily rot - Wished by the homily of the Croon. belt ►t would be dangerous to open the door to sn Lug►e a body or new claiinants. as the measure proposed must la:1111111y call together. Botts its the navy and leerily there was a en ttttt iiseratitm fund, out of chicle allowances were mod. some es high as SOL a year. lie would not sliew oo lattle-respect ritt the recommendation of economy Which Sad been made . to the House by the Committee ,of Finsurr. is, to establish a fresh branch of regular expenditure. The mafiosi was then pot that . - . - - . I,9lo.rsmet. or 1 W. should he granted M Ms Majesty as part of the estimates for the services of the year. Sir M. W. MOLES.' proposer', as atioemetsrlanent, a sum lees by .t,OOO/. which was negatived, sad the original motion carried. Sir Giro. WA ERE?. DER neat proposed 1,591,001. should be Krauteil for looldisig, .relbstihrusc sod iewairs of ships of war, and other estimates. Mr. flume found fault with the establishments of th e te;inspurreervice. There / 1 1:111 011 e at raft*. 111.11111 4771. II year, another st Cowes. (iP4WWitt) 3Gsf. ulthnugh the only service douse was the cod. revolter atter) regimen's twice ina year. across to and room the Me of Wight. Ile thouglit the sta. floury accotauts for the several officer e xtravagant. lie wished to know in what mousier it was supplied ; if the term stationery included pens, ink. sod paper ? or if either of !hove items was to be roused under amtheriteint, as wise the old practice? Sir G. WARRENDER sold, the supply of ships' books mud victualling books. *rue included soder the head of stationery, nur.l antottuted to something considersble compered with the total sum chorged. Sir P I ANNAtiiNgy that on account of the .state of the wiud, it iniglet be .very des i rable, to , prevent how of time and bran expense, elms large Aryls of trausports wear collected, there should be an air.l at Cower as well as at thh*t olloitotk Illoam thought Air agent at Poiismosth might do all th e Isumiese, as there was not five days iss the year that the comniunication was oat open with the isle of Wight. Sir GEORGE WARRSNDER said, tite-las, arieing from demurrage would 1111.1 V thou counterbalance stay saving that could arise Irmo redact.% the esta blishment at Cowes: • Mir J. SIDNEY Vans!: w;olcil to be informed if Sir Whet t Seppings's all.iwance was fi nally fixed— ilsofwess. if he touched the cash ? Hr recollected , ohoervation wee made when It was =cottoned in the Noose some time ago, whirls hr did tent tbiuk very liberal. it was, that the Gentleman had only done his defy, whew, at the very time. Me. Harri son, one of the Secretaries of the Treasory. lied re ceived over and above his pension, a sum of 5,0004 in reels. Sir Ilv•et Mails bore testimony to the vales ble services of So• Robert Seppings, by which soil- Wise of the puhltc money would be saved, and he thoaglit the settlement of the allowance had been fors long A Member, whose same we could not learn, eiviseurvisd i n th e vi e w which the Comptroller of the Navy took of the valuable services of Sir Robert Seppings. Sir Gseaar Coc.iisumo No, that the allowance of Sir Robert Sewing* wail now iiettjed. and as it was moderators+, to bet muse agarealsle to that meri torious individual, a provi was, with the cosieur mime or the Right Hun. the Chancellor of the Ex chequer, *titled on his family. The CHANCELLOR of the EXCHEQUER said u few worsts, which, from the noise. in the gallery, were inaudible. The Report was then brought up. On the Order of the. 4)4g,fot Vet .11411M110r3lisd ing of the IRISH COVEur ortimicaitrais Sir JOHN tlirwoolitt'their, amu ea ten tion of the Hous e t o this Ball, winch Ito theteight 9f very great importance, as tee was ootWfied vise gullies mil/used by the stole en the • • there were three g as levied by the eineeellea the Courts to a latch this Bill related. The Bill woo then committed fur Fritl67' hest% Sir JOHN NEWPORT um* protwettilti to woke some finale, iiti. eilm i lfins , * he s ; r Mr. C. Gititter rose w deprecate tiny further aionsesion till the Bill libootd brio the eritettlittee. Sir Joint Niitrrolm stud be loud (kitty intended. I, y Ow "Iliquelliiimix which he had 'nude, to awaken the attention of the [louse to the subject, OS u was thot a cutnnion eterpuley topic. The Irish Exchequer Chninber Bill vral.llolll the third time cud paired. u , • On the motion of the CHANCELLOR Or th e El. I . 1 ■ ~° : 7 4= 'tA _ , I "%•,. I • ~~ 7 -7 t 10? r‘• I• ! - • ), CNEQVItit the House resolved 'Naar into a relit tante, a ways and Mranr. tete LOAN. .• TheSTiCA=6a having left the Choirj- The CHANCKI.I,Oa of the EICIIEIII6It rose, and lead« that he wash! not trespass lung on ilts attrtl tsou or the :Tome now, as it was Ins mlruti.ae to give a general saw, detailed rwateusent o.i Vrtilay Neat: he sheratd'asear confine himself to staling to the House the terms of the hem which he had cum rlatistd that day, 041 which he could cinsgrataliste the House, es being one or the most advaistagroas bargains ever made fur the public: for front tier price of attacks that gay it would appelir that the loan was usie.lialf per cent. more favourable for the public thaw the lean of last year. The price of Colloids this morning was 701, including the 411:. Valenti ; deducting one and a half fur the rlividead, kit 69 as the aet owl price of the stocks, which. was precisely the saute price as last year. The loam of last year was at the rate of 1441. IN. stock ; that 01 tiny day was at '421. 44.; being a diff , rence of stuck, o r ..bust Los. money more in favour of the public than the luau of last year, and indeed might be considered as taken at the rental prier of the furies; hut he bolted that it would neverthe lest alged a fan profit to the cmitraetor. 'The Hight Hon. Gentleman concltwlrd by moving * Resolutions for raising frier Ikillions by way of Loan. Mr. Usts:NIFFI.r. drew(' the asseition of the Right lion, Ilse Chancellor of the Exchequer, that this was the moat advantageous loan ever coucl The. Csattest.t.on of the EICII6QUER had net said th e most sAratitagesous. but one of the most advantageous; and lie recollected sully one which was merle on better trrtnr. Mr. RICARDO concurred with the Right Hon. Gentleman it: the opinion he had espressed as to the favourable Immo of this loan, which he attributed to the circumstances of its being a small loan, end open to the fullest competition, mid regretted that in all climes it was not attended to. In a recent instencean ellowauce lied been made of fss. or Bs. us loss on Exchequer balls which had been paid for silver, as if in the price of flow silver ample allow. once had net been made to cover any loss on the Eichecrier bills. He wished the Right Honour. able Gentlemen would explain in what way the growing produce of the Consolidated Fund was to be made available to the public service. He knew that an Act had been passed for that perpose, but if after repaying the Baulk the advances nude duri n g the quarter, sin balance reiminied (which he affirm ed was the case, as the fiend itself was in debt), then lie could tot see how it could with truth be stated. as it was stated, that from April Ittl9, to April 1820,'2,600.3701. remained for the use of the public without interest ; but how the public could receive that advantage whets the fond itself was in debt, passed his comprehen►ion. The CHANCELLOR of the EXCHEQUER concurred with the Hun. Gentleman in the general principle, as to the advantage of conipetitimi, but at the smile time there might occur cases of exception to the general rule. In answer to the Huss. Gentlemen's question respecting the growing produce of the Consolidated Fund. he would refer him to the Act of the 59th Geo. 111. cap. 19, which would afford hint a better explanation than aay he could give ; but he would shortly attempt to satisfy him. In the year 1808, in consequence of a representation of the profits which the Bank derived from the use of the public money. au advance of three mil . liens, without interest, was made to.the Treasury during the administration or Mr. Peiceval. By the Act of last year (the Act empowering the luau of three millions without interest beviug expired), the Bank were empowered to lend six millions without interest, which was repaid at the end of each quarter. and renewed in the first part of the following quarter, and it operated as a saving of in terest on 2,700,0001. Mr. CRESWELL said, he could not see how the advantage mese which the Bight Hon. Gentlemon stated, although he laid carefully read ilie Act to which he (the Chancellor of the Exchequer) re ferred. f '1: 1 1 r te: A C l il d a e r ti m 6 E a o „ R y a : A t T 1 e E c said,i: st drat E s it s e h s e itl u a n ; ud: d r. stood it, the operation of the Act was. that the Consolidated Fund borrowed from the Bark right millions and upwards, stud lent thews two willows and upward.. Mr. Huns said, on referring to the quarters enchod the sth of April and the sth of July, 93 1 9. it would be perceived that the Coosi.lidatediFusid was right millions and upwards in isrrear, and therefore. though 2,600,000/. might be lying iu Exchequer Bills not hearing interest, yet they were certainly paying interest un the eight millious and apwards, as there was nothing boat which the Bank could take it. Mr. GRENFELL. said the system was so comply~ rated and involved, that he doobted if the Hots. Gentleman himself understood it ; but at all events when his lion. Friends (Alderman Heygrte and Mr. Hume). who were accustomed to accounts sod calculotious, could nut understand them. it was a proof, if any were required, that they were not very dear. Ile considered the deficienty of the Conso lidated Fund ai h sort of blot io the annual finance eccouuls, end as the Bank was paid suterest for it, lie considered it would be more advantage•os, in a pecuniary point of view. to ivies a luau for that -deffcieney ; or owes to issue Exchequer bills. at 3 per mot, would lie better than ss it ut present stood. If hr could - hope to see it got rid of in the cou r se of two or three year., by may improvement in tier public revenue, he should be evident to give that time ; [Mt isotwithstandiug lees view of thr finances was not %o desponding as that of many others, yet, as Ire could not flatter Isinsiirlf that such would be the case, he would beg to saggitst to the Right lion. Gentleman the advantage of getiiiig rid of it iu some way or other. Cts.tmcer.Lort of the EXCREQ4IIIk and Mrs RICARIDO said a few words, after which the lierololi : bun was agreed to. On the question that the Itepork be 1641064 Monday • Air. ORIPIPLLL liassati cellor of the. ifisebegoso, iwbestsar. 4 .4.6l sine 66 better to , .6. ourrootaili alutt4Peuffe Wiz •. tiweibtipteti-itelti4 4 Adrilliti. 1 01 r od " drie4?". and !CM , du' the tvCrouttlf ) C94l/141iPaistit giOAsimoilielik, rind Io delude the remoter gentlemen smisbAlmsoko•upi slum being a stoking fund of strtutern millions, wheu iu WPM • \ il l A- - 2 '11 14, \ \ k ‘ T a d we hastfttle or no oinking And at oil should be receitlecteil that frets the sinking fund of Ave millions was In be takes) the interest and charges of the present lose ; of Iran he presumed mi. he had heart no mention made of any new tax•s to meet that itsw.ease of charge. Indeed he thought that it would have lwen tpeite so well to knee ap the *bole of the viiikinit feud to the pulili c s•-rvice, instead of having made this luau of live Mr. limas agreed with the non. Gentleman silo" spoke last. and spoke in favour of simplifyin g Nee-Mints IS touchor possible. iiie CraancELLoa of the Eacitiousa feared it would in some instances be foetid tint, simplictty red to confusion, and economy to wash-follies.. Mr. Alderman ['STOATS thought there w.lOl 11.1 delusion now existing on the selvjeet of the Siiikiii g Fund ; It was well known tlnst it was wit 17 mi t_ hone, but that live millions were now to In. I.i.J out by the Cosimiseioners.---- %Ir. GASH VELL=BOtrOgreii for the portion., . . - Mr. Aliteeinau HaTIZATx contmord, that whe ther borrowed .r not, that tuns was to be laid o t o, rod he could not agree in the wisdom and pru dence of the advice for oho/sailing the Siiiking Fund altogether. The patient loam be consideseil as elle. griller different in one respect from alt which had preceded it to tliia, that it was not to eirculate--it saes logo to the Bank : it might be said it world get into , circulation from that burly by means of Mlle doicownted ; but it was obvious ihnt-none would he discounted whilst Mac-taunt was at Iris per cent. k vim true the Bank might purchase gold or Esuchequer lti 11r, mud be should recomend the latter. as by tlsst mean. the Batik would be enabled 1", keep the eirctriering mediums steady and equable, and they *mirk/ Wiled lift inconveniency of the pre_ scut bunglibg spirit), by means or which y I. made very worry for thieve weeks at the east! of A quarter, wh, ,t Ho salacity at all is felt di/6w the other time. He thiamin that if the Bank had hero told that this loan, ley which the circulating must be di miuished,was to be the consequence of their demanding repaytneut of the ten millions owing to them, they would not have asked it. lie considered that the sadist part of - the distress which the country hod berm subjected to, arose hots the repaymeoc of the ten millions to the Bank. He was if decided enemy to diinoiliahisig the circulating medium, and ar the market and Mint piices of gold weir now equal, any further meluction was "role Ism-ail ed for. He hoped the Hight Hon. Gersolemito would confider that lie had a debt of 900 ntilloi•., and fifly 'billion* or taxes, and It Vilif fur loop to soy how the circulating medium war to by krt." up, which lie (Mr. Alderman Halgate) thought most eiwientioly 'iv:rosary uuder the cticutststalicyr to which he had alluded. Mr. RSCARDO was glad thot the Hououreble Member ack siowledged the fact that gold and Book notes were new equal in value, and he thought that he might from thence have drawn some concha." to quiet his alarms reopecting the ininisetin which the circulating medium we* to be suaintaintil. believed that gehl had tallest it little below the Mmt prier, for citherwiw h e could 'hat account for whet he knew had occured, viz. private persons having carried gold thither to he coined, when it was well known that by the necessary in receiving it back again as coin, that saute 14.-• would accrue. He considered the Hon. Gentleman was in error as to the effect of a loam reducilig the quantity of circulating medium. The Bank would purely find employment foe all tltrir capnal —they had been repaid feu millions, and )et the reduction of their notes was poly two ititlftwn. The worthy Alderman had mistook the argurneet of his two Honoureblefrieuda (Nlr. (sresifell mid Mr. Hume); they had not raid any "long .guin.t 4 real bows/dc Sinking Fund, cunsiatilig ut a ~Wu* of revenue above expenditure, but it- was against a nominal and &homer Sinking Fund that they had spoken, and ite what they said he (11r. Ricardo) concurred; but of it was-die Right lion. Geutleman'• isitentiou to go into the business at .1 future day, he would not now impious 'toy fulthyl on the House. Mr. Hone referred the worthy Alderman to the large loan* which were ensile durum the war, winch were certainly not operative in rrducileg the clicu lacing Mr. Alderman IrISTMATR amid a few words, aft,- which the Report was oedema to lee brought op on Monday swat. The CHANCELLOR or rile EICTILQUIR moved that the Hilirevr, at it, rising, do I.4ljoures to Mobsel.ce next. .jr. HUME wished to soft the Right Hon. GYP tlenssab *leather the 1,344.5.1 i/. owing to the E balm Company. mos, to be provided for oat err dor present Ways end lttenas? The CMANCELLOR of the EXCHCQRSIt said he did not mean In provide fur it this Seonun. 111 1611 gave notice that hr should propose tio bert:cer mea.terea out Friday next. Mr. BARHAM moved an humble Address to hue Majesiy, rot an account of the numbers of At sssss • practioiog io the Court. of Greg! Sei.soisasu Wel, e, together with their names and 'doers of te•ielesici. The Soinog Bank. Bill wave read a would lisle, and committed for Monday. PIiIQI'ECTIND DVTIES ',IItVLANK , • °alio* Re curt being brought up me. tide 'Arial rredertaiug .Lleste•• BM Siro o Ht 4 Theer9l7 4se acid abr.:clod - to the dunes on *twee ; bet thought 0,-% moot el'efabacilii-as•desoopkte thicouragement ,c•s literatore; he weslitilherrfort recommend a c,cc dual ireduction of (hose duties, 1., give time fur ea. itividaWni 'withdrawn% capital. ve,f v.! iu !kit oporcstio of property. lie Objftrrd 4.n i.l the Pirultgrt , l terms to the duty on coals. *Well he • icec.ccirctiorea tes a tan indirectly on manerfaetseles.. ••• .1 serail% directly an the soinfiert atirrepueenc, oce ed . Mr. That se.-purt•. s'aelet Jrri been eel dialysed , therm tiara !ow. sittAi eret Wow if ttler.Oliincetier of 'hoped 'het laftin jAmOiiuliou if.the goie. ettrcted• " • %el disaffirm/4 of the whole sys• tacosof retrain dunes, se they wore callrsl, which he cumulated twilit toady of *rebind, as the 61 . '10 t , wart In conline 1184 iffiti 1011 1 / 4 40 musekrt (dust vies „ t1P111‘911144. .bat one out it t hitter market of I.:80mill. AN a prosit if the With mf his proposition, the lion. Bari/psi ' 't •