The British Press; or, Morning Literary Advertiser. — London, England, 1826-02-10 00:00:00

PARLIAMENTARY INTELLIGENCE. HOUSE OF LORDS. TIMISDAT, Pri. 9. INDIA HOUSE. Mr. Ilsaon, from theindus House. presented the usual mnnthly &erotism and papaw respecting salines, pensions, and annuities granted by the Fast India Company. The Earl of SHAFFESBURI presented a petition from New Sarum, praying for the Abolition of Slavery. BANK RETI'RNS. Mr. Best, from the Bank of England, presented an account of advances to the tioveniment on Elchequer Bills. and of the sums suspended by the Commissioners fur the reduction of the National Debt. EAST INDIA SUGAR. lard FITZWILLIAM presented a petition from tankers, mer. Maros sad other inhabitants of the town of Leeds, prayirg their Lordeliips to withdraw the bounty on the Exportation of Sumer, and to equalise the duties on East and West India Sugars. The Marquis of LA NSDOWN rose to make his promised motion upon the currency of the country, bat be wished first to call the attention of their Lordships to the Report of the r.ommittes of the House on the State of Ireland, laid on thair Lordships table last Session. lie would therefore ask the Noble Earl opposite (Lord Liverpool) to explain to the , Hose what had been done, and what was intended to be done upon that Report. Some valuable suggestione had been made in that Report, but there was one which deserved particular attention. The subject of education was pantcularly amerving of consideration, and he wished to direct the attention of the Noble Earl to it. The Noble Marquis felt strong objections to the in. terra/nee of Government In the education of the people, but thoegh there were general reasons against such interference. there were circumstances connected with that country which, made it pe. cit lady useful, and particularly necessary that Government shouldioterfere. It Ira& impossible for any private fiKliVithllll to extend the benefits of education in that country as It might be done in this cod other countries by individual exertion. The prejudices of the iliffeeent factions in Ireland gauged a distrust in each oilier, and sa assurance of impsniality could receive confidence only when .oriiiag from the Government. It was for these reasons that kw' wohed to know the intentions of his Majesty's Ministers tow Mlla iliportant subject. 'the Earl of LIVERPOOL valid give every information in big power, as he had no wish nor reason to keep from their Lord ships the intentions of Government. His Lordship did not know how he could better reply to the inquiries of the Noble Marquis than by reeding the suggestions of the Committee on the Stale of Ireland, and by stating as he went along what was done, and what was intended respecting each suggestion. The first he would come to was the proposed alterations in the laws of landlord and tenant. That subject bad been for some time under the consideration of the law officers of the Crown, and a Bill had been prepared by uiera, but many difficulties occurred to his Majesty's Ministers, and it was determined to reserve the entire subject for the contider. anon of Parliament. The law officers of the Crown had attended to the subject with all possible assiduity, and although lonia of the Impediments had been removed, there still remained others which would require the wisdom and power of Parliament to remove. On the subject of Grand Jury Presentments his Lordship re gretted that he had not a satisfactory answer to give. lie was not prepared to say whether it would be prudent or practicable to Inter. fie or legislate beneficially on this complicated system, but every consideration would be given to devise a remedy the the evils of tee system. It had been suggested in the Henan of the Com mittee that the Civil and Criminal bushiest, of the Quarter Sew. %inns should be separated. A Bill had heen prepared. and would shortly be submitted to Parliament. The manner in which canto. ilium writs were executed, and the inconvenience of the meant pro. ens system, was at that time undergoing attentive consideration. With regard to the office of Sheriff and Sub-Sheriff, it had been suggested to make the appointment of the latter subject to the J edge of Anise. This was considered attentively, and a report would be made to Parliament by the Commissioners appointed to esquire into the entire duties of Sherif. Another topic was the mmicisteation of justice by Magistrates in corpotate towns. The present remedy in case of any abuse is by an application to the Conn of Kings Bench,which wry considered too expensive and too tedious a process. There were certain difficulties interfering with this subject, but a Bill had been prepared, which his Lordship honed might answer the purpose. A suggeetion hail been made revelling the elective franchise, and the noun's which were prac tised under the Forty Shilling Freehold Hill ; but upon this head nothing wax as yet determined, but it was under consideration. The extension of public works and of the titherini the improvement of lunatic enteritis and houses of industry ; the regulation of manor Mutts; the constitution and powers of vestries; and the adminis tration of justice in subonlinate departments were considered, and some are now in • state of considerable improvement. Hi, hoed snip felt great satisfaction in being able to state that the alteration to Ent tithe system had worked most successfully upon this head. Ife could give their Lordships moat satisfactory information ; but Le hoped an a few days to add to the pleasing information which he hat open that head, both from public and private quarters. At pre. sect he was in possession of returns t'ront all the dioceses in Ireland but two, and these were expected daily. It appeared by the returns reready made that the late alteration was adopted in mire than cee-dourth of the parishes of Ireland, and the good effects of the few was tot confined to those parishes in which it was adopted, as private arrangements were entered into in many places, which were a. meth benefited as if the 13,w had beec actually Introduced 'lei t: w. place.. Not only these observations apply to the North of Ireland, but to the southern and western chorine, and he dioded paratcularly to the county of Cork, where its advantages were gene, rally felt M*_yoy_d not propose any alteration fur the present, he It fidget roMed Mu cus , vetch they were all anxious to aught. Henault' wipe. upon the authdleftlelleelittorney.tieneral forltedasd, that tre• tithe cases at present trlbill-lbr the assistant banisters were reduced to halt the usual number. MM.' his Lordship coukl not speak as fatter' to be expected that name measure education, but the very strong pre' Land on both aides, threw great missions's, who were instructed the plan recommended in the rept bare been made, but difficult tt e completion of teat experiment. 1 ewe that these impediments wool cot abandoned, and every **taw tiles of the committee on that SW I more explicit upon this $ d with the necessity of not Lunt ELLENBOROUGH a do foe what had been done, but thi t'•ese wag no explanation. There j presentments by the Noble Er abuses existed. There were not and the present mode of repairiny part of a road was first repaired a er tire line was gone over tine first t sieney expended was lost to the were ever so anxious to do their itit relief of the poor ; but that he he did not think it would be lie should like to have a of interfering on a future occasion cation of the poor in Ireland. - perinsent which was attempted, principally by the Noble Earl a' fused.the admission of the Catlin_ testae! fellowaubjects, sad if that always look with distrust upon to them. Lord CItIFDEN thought the ▪ r.nola of jobbing, and requirin; The better order of farmers were Mix should be applied. , The Earl of LIVERPOOL very difficult to correct certain obi the Grand Jury system. He was , it was a subject which occupied the swims consideration of the Irish Government, and though all were agreed as to the exist en e of the evil, no two agreed in the remedy to be applied ; every person hail a operate remedy upon the subject, and the danger Wl , that the intended improvement might be a greater evil than dist which it attempted tucorrect. There were many reasons why the administration of juin°, was more defective in C•rinwations thin in the county districts, but the difficulty was in Interfering with chartered rights, which could not well be regulated by a Reseal law. Although some neglected the performance of their duty, others did not. The only remedy that occurred to his Lordship was to direct the attention of the crown to the affording facilities In Colons of Law to individual% who _were sufraing irjastice. As to the subject of affording relief to the poor, he differed with the Noble Lord Ellenborough). He was most anxious to devise snore beneficent plan for that purpose, but nothing had as yet been suggested that would induce him to hang the measure before Parliament this Session. In tact he did not see his way sufficiently dear to adopt any such course. Lord ELLENBOROUGH said a few words In explanation. We understood the Noble Lard to my that in repairing or making seeds the entire should be surveyed before any preenitmeut was rantiel. Lard DARNLEY was willing to admit that the Noble Earl opposite bad done • great deal towards the improvement of Ireland, and more perhaps than was expected ; but it was Impossible his nsten,ures could produce any permanent benefit in that country as long an the Catholics were excluded ?min equal rights with their Protestant felines-sulneets ; in fact, until the question of Catholic emancipation was settled, he despaired of any wild or permanent improvement then. They might as well attempt to construct a prefect building upon a had foundation, as introduce any measure into Ireland . without first granting emancipation. The best oppertunity fu r passing that measure that ever occurred was that of No year. It was rinniitied to pass, and he much *miner, whetli e the like would offer again. There was a growing Cordiality between the Protestants and Catholics at that time, and preoidtces were wearing away. If that state of things is now altered it ie owing to the tone sad feeling manifested by the Noble Kiri last year, when he put an extinguisher upon the hopes of the Coth.ilics. The country was now tranquil. bus let not the Noble Earl flatter himself with the hope its continuing so, unless there wits an equality of civil rights established in that country. Ile did not think the tntroductiost of the poor laws there dedrable, lie would again revert to thin subject, which could not be too often before the'a Lordships. CURRENCY. flu Ilse order of the day being read, The Marquis of [ANSI/OWN was not aware that any opeoution was intended to be Omit to his 0411411)11, but he was 'cr. .tin e subject of Ides radon of the deficiency of specie people were ht - as fa Se he wished- Is was ney in abundance. Now when such was mire wool be desisesi to promote no doubt that the fact of excessive circulati , Preisitlices which lwessilcsi l'i Ire. Ile regretted that the cur:ailments which t t obstichdllk. the ws of the Com- thought it requisite to adopt in the begin Li hy his Maissit'si , • shim ( 1 7 .not originated at an earlier period. II is r :port. An experim ' ' - issues of the - Bank of England for three ye .ulties occurred whieN. , • the observations which had fallen from t nt. Ills Lordship- h. '. ' • (Lord Liverpool), that co obction or ohm would be overcome. 1, on'the patrol the Bank. With respect t etention was paid to , - requiring of security from the country ban subject, It was not to teceivelny information on the point, sultjectconsistently wi • 'tented great doubt of the propriety of the t entering upon a prematigt. i ... ,4„ , principle to which he thought the el e t ~,,,, • a p should be directed was, to promo was willing to give 'llliniste;X - . ' lie was anxious, if the matter s . •iliv t there were %mug points upon wh -, , of ' th e banking concerns show sere was nothis. said about great. a • -or a (nurse seemed preferable to : Earl, and ender that head ninny • . 1--- / ,.. j i itsk up the funds of the esu not too few but too many toads, an ' • ash which he wished to mi ring them was very defective ; one Inept As oust of the respective not it ) and then another, and when the tb would be the more judicious p' NI part slain& state of ruin, and the philalslivat The Iselin' ces at which the) he public, even if the grand jury first instance. asst •-• a rter r duty. There was no allusion to tance, it w rive 'to we did nor regret ;be was glad of it, u cat i ons whir us were wise in Government to interiere. sores which a posed his Bla ledge that there was an intention to b r i ng f or consequence occdsion with respect to the edu- would be to bri y•back to the d. As to the failure of the ex- the time of Ale. . lie saw no I ed, he must say that was caused condition of aft' • I, result wool and such of his colleagues as re- could not brit ghi o think that the holies to equal rights with their Pro- bearing, the taxation" Int ed.; but if sue that exclusion continued they would be more manly and 'prod' to disclose it any system of education proposed station to tepose in the at titiciel I tious supposition would i he most he whole of the Grand Jury system NO that no man could be sloe sta ring the interference of Parliament. might rise in the morning w3en, am . de sufferers by It, and some reuse- might leave him pennyle ss - g m. 1 the country from such a se parent IL assured the Noble Lord it was b ut of real mischief. If nta objecnoos which might be made to be plainly stated, so that 'ff. was quite satisfied that evils existed ; any dangero us t w ee t f r om t eo f triied the futieus eansideratinn of --- -__n_.__ ... . _ . ..•.. ... aexiona, in tatroduchig to their Lordships so important a subject Lf. that of the currency, to make • few observations on die distress which, had prevailed, and which, he was sorry to say, was Still pre v.iiiing in the country. He did not presume to offer a remedy. It was a peculiarity in the nature of these evils, that they must work their own cure—that they must work their remedy. His object was to get as much information as possible before their Lordships at. tempted to legislate upon the resolutions of the Noble Earl. He was tar from feeling or intending to express any hostility to the principles of the measure which it was in the contemplation of 11l misters to propose, if in the interval every thing would be done which was necessary to facilitate the acquisition of such informa tion as was requisite to form a correct judgment. With respect to the issue of small notes, he thought it would have been much better for the King's Ministers to state candidly the grounds which had originally caused them to be introduced to tpe community. By this means Minister' would retrace their steps with some advantage to the public, end in some degree redeem that ill-advised measure. ' 'While-he expressed these sentiments, however, lie did not mean to deny that he himself ought to take a full share of die blame which the Parliament deserved for so readily yielding to the recommenda tion of Ministers in this respect. But the period had arrived when any one, even the person least conversant with the details of financial affaim, might perceive, by reference to the papers for which he in. tended to call, that the exportation of gold from this country has been produced by the small note bill. l'he matter which he now introduced had been already very ably attended to by a Learned Gentleman (Mr. Tooke), who. with the accomplishments of a finished scholar combined great practical knowledge. This gentleman had very dolly shown that it was the nature of small notes to increase the artificial capital of the country ; and if this fictitious produce be employed in speculations, it will acquire a further tendency to augment artificial property, and thus to extend the evil to Its extreme point. It had surprised him (the Noble Olarquln) that in the statements which had been made with respect to the payment of small notes, the certainty of this consequence had not been contemplated; but front the nature of the process to which he had already adverted, it must require a longer time before the excess of the evil attendant on this distribution of artificial property can be fully known. When this capital is forced into circulation, a reduction of interest is the first consequence. To this succeeds an increase of prices, after which the metallic currency vsnhhes out of the country la the purchase of commodities. The glut thereby occasioned produces proportionate ruin and destrue : tom, as from the wants end 'idles of the various competitors, sales must be effected at reduced prices. It would be unfortunate if this ruinous system should be permitted to hold until 1833. It was the duty of Parliament to check the evil as soon as possible. He had heard with great surprise. and within the last twenty-four bouts, of a step taken by his Majesty's Government, which to him appeared unconstitutional and exceeding the law. He did not know why a vote of the Privy Council snould be allowed to form a precedent fro dispensing with the law. The matter to which he adverted was the stoppage of stamping the small notes, so as to prevent any further issue. The policy of the measure may be good or may be bad, but the precedent would be mischievous. Though he dirt not disagree with the principle of the proposal in the con. temptation of Minister., to ameliorate the condition of the country, •heby no means approved of the adjunct. lie thought there should have been a proposition submitted on the subject to both Houses of Parliament. In fact, his Majesty's Ministers ought to provide a bill of indemnity for their conduct in this respect. With to the measure itself, he knew it was the opinion of some r il e f:t r n d . hers of that House, and of some persons outside, that the country stands in need of it to renovate its energies. It had his full and entire approbatior. But their Lordships should consider the na. ture of the accommodation meant to be afforded, for he did not think it advantageous to apply the same principles to real capital as to capital raked on an artificial system. Ile knew of no system which could cause an artificial rise of prices without a revolution, fixed as that of the plenets round the sun. He did not think the consideration of any expense which might be Incurred by the [adoption of .. metallic currency deserving of notice. The attains , dens which might ari,e in a metallic or paper currency would be productive of leas injury in the former than in the latter case. If the deviation of paper currency were to be taken from 100 to 114, and of the metallic from SOO su s fist, and that gold were to be sent out of the country, the reaction of the excess would be productive of greater ruin in the former instance. lie had formerly said, on a 1 discussion iffeettng the state of real and fictitious capital, and he row repeated the assertion, that it appeared absurd that the most 1 wealthy country in the world could not command a sufficient supply of precious mash. Ile knew the contrary to be the tact ; and he was convinced, thorn documents lying on the table, and from other causes, that when gold was wanted it was always brought here from the Continent. • He knew that in the course of two years the Bank of Englatall hrldrraised the amount of sovereigns in their cot*. fen from three. millions to fourteen millions, thus making a dif. Terence In that shrwtperiod of eleven millions. This was a proof that the gold woold - return to suit the emergencies of the country. He was deNirotta if expressing his approval of the conduct of the Bank of England lowly, whether it would turn out to gocd or to bad purpose. In the recent transactions between the Bank of Eng. land and the Government concerning the cession of the privileges enjoyed by that astablialiment for the purpose of forming country bankil ' the Bank certainly deserved great credit. It readily stepped forward to'arresit the progress of calamity by the issue of small notary. Bort it wascmly candid to express his opinion that the issues myteioutiy epistle had considerably aggravated the evils of increased otsov table, From the papers on the and those presented to a would arß appear of England that circulated a eviery Fed u great ad c t i li t t o ion in was 3, a alt: lnoteslo ll theouse t o t f th bej particularly to 1824. Such proceedings were injudicious and injurious at these periods, and the remedy proposed to be effected came too late to rectify the mischief. In the inquiries connected with the Bullion Report and the Bullion Committee, when sonic ill the most resuectable and intelligent men were examined on the ,übjeo, it was their opinion that the exportation of the precious inetsle resulted front the excessive circulation, as at the very time hawking about paper mo res the case there could be don was the baleful cause. _ the Bank of England had beginning of last autumn had 'I is motion would include the years, and he hopal, after i the Noble Lord opposite obstruction would be offered cet to snother measure, —the hanks—he should be happy fur at present he enter proposed security. The ..,e chief attention of the Le promote as much publicity as latter were feasible, that public should be given at stated pc- Ile to the mode of acquiring a establishments. There was r make in respect to the psi :Kites to the holders. He AS plan to make all the notes they had been issued in the • where, from the dis ' apply. The obser founded on the mese .ejesty's Ministers meant ienee of such proceedings n theotate in which it was at co cause to decide, from the would prove pernicious. He the country was incapable of such were the fact, it would e it, and not to allow the I prosperity. S .eh a ficti it detrimental fluctuations, stability of his affair. lie and sonic sudden revolution It would he well to rescue qtly increasing prosperity. its cannot be kept up let it Ile did not however tear :the Noble Earl, while he' was animists that the stability elle country should be notorious. There may exist some local circumstances to oppose the extension of the principles to Scotland and Ireland. Ile should like to know if this were the roe, but at all events he hoped that these countries would not be lost sight of. The principal object which he was auxiuua to effect was, that when false and wild speculation should pane abortite, the distress - which would be likely to ensue might be corrected. In that expsetation he 'timid propose the follow resolutions : " For an Acenunt of the nomber of Note, issued by thlibank of England In It'brtutry, May. Aogust, and November, from 18110 to 1524, distinguishing the Notts antler 111. and Bank Yost Bills, and the same for Scotland and Ireland. . „.. " Also art Account of all noes issued by Country Banks for the same period; and the same for Scotland sod Ireland. " Also an Account of all Bunk Expenses from 13111 to the pm. sent time, with copies of all Matters granting privileges to Bank ing !louses." Lord LIVERPOOL did not mean to oppose the principle of the resolutions, but he wished to say a few words on th e mo d e . When the Datil of England was under restriction it was the duty of Parliament to inquire into the issues ; but the restriction having expired, he did not think that Parliament was entitled to do so. There was another way however--by referring to the Stamp.olfice ; and though it might no be so complete in some min u t e res p ects . i t would fully answer the purpose intended. In regard to the other point —the directions given to the Stainp.otfice to prevent further stamp. ing—this measure was not adopted until notim of an alteration had been given in another place. It was done to obviate any obstruction to the measure under the consideration of Parliament. Those banks in the neighbourhood of the metropolis would °thaw's. receive , partiality, as they might in the interim have access to the Stamp Office, and thus defeat the proposal measure. The Earl of LAUDERDALE, though he could not find fault with the resolutions of his Noble Friend near hint (the Marquis of Lanelown) did not think that the Noble Lord opposite (Lord Li verpool) could claim much praise for his consistency on the occasion. Ile had predicted last Swaim that the present evils would ensue, and it was then his duty to the country to propose those measures which be had deferred to the present hue period. '!'he Noble Lord (Lord Liverpool) had forgotten that he had made to the prediction, and yet he afterwards traced the evils (instaul of the speculative rage) to the state of the currency. The Noble Earl then proceeded to di‘cuss some other parts of the measure, and eulogised the principle of the Scotch batiks. The Earl of CAIINARVON said that he thought much evil arose from the present formation of bai,king companies. Ile wished that the property of emu iudivolual who was concerned in a bank. ing establishment, s h oo d be male liable for the debts of the com pany. This would give touch greater security to those banks, mad ••• THE BRITISH PRESS. prevent irresponsible speculation in such concerns that should be merchant bankers. He thought that the objections taken to the circulation of small notes were without ground, futile, and, to contract the issue of those notes inefficient to produce the results anticipated from such a measure. If the issue of small notes had such a bad tendency, he would inquire why the issue of large notes would not have a similar effect. If the issue of the former was pro. duetive of distress (so justly and so loudly complained of ). He could not imagine by what analogy of reasoning it could be con cluded that the issue of large notes could not be attended with the least Injury. Whatever might be the cause of the present coin. mercial distress, lie was quite sure it could not be attributed to the issue of small notes. If he wanted any arguments he had been furnished *ith them by the Noble Lord opposite. He stated that • return to cash payments would not be sufficient to remove all the difficulties that had arisen. It would at least be pro. ductive °teems good, but for his part he thought they should strike at the root of the evil. lie knew that the arguments of the Noble Lord would have more weight with the Hotta, than any he could offer to their consideration. It was notwithstanding extraordinary, that in the year 1793, when much commercial embarrassment pre. vailed,and when • violent convulsion took place in the money trans. actions of the country, when a want of confidence in the stability of banks was in every respect as great as was the case a short time since, and when not leas than one hundred country banks stopped payment, the Government issued exchequer bilis to meet the eel gentles of those bankers, and to cure ttte commercial evils of the country. In that case cub payments were not thought the best re medy for the distress, which was quite as general and alarming as the present. In Scotland the circulation of small notes was not found to produce such evil. That country IN 11.1 exclusively exempted from the distress which had visited the commercial interests of this country, and that exemption was greatly attributable to the ex. tenslve circulation of small notes, which was encouraged in that country. Ile would never consent to any measures which would contract the issue of those notes. From the effect of these issues in Scotland he had every confidence In the benefit to be expected from continuing their circulation In this country. That country had been for thirty-five years free from any prominent commercial diffi. culties. He would listen to the lessons of practical experience in preference to any theories, however specious, and he confessed he looked with much diffidence at this measure which came out of the hands of those who were deeply interested in its success. He did not know upon what grounds they could surmise that the circu lation of one and two pound notes was the cause of the present difficulties. At various peritals such difficulties had taken place. When the South Sea scheme was in full operation, he would ask, was there no convulsion—was there no difficulty experienced by men of business, and yet no one or two pound notes were then in circulation, and very few country banks were then established. The currency in 17112 and 1793 was changed without pro ducing arty dangerous consequences. Immediately after the war the Bank gave notice of their intention to return to stash pay ments ; but this was far from giving stability to the commercial interests of the country there were numerous failures. The issues of the Bank of England were at that time contracted; to remedy the distress that prevailed, it was not thought advisable to revert to cash payments, but to extend the circulation of the paper currency. After the shock which the commerce of the country had experienced in all its branches, no danger of too great enterprise was to be ap prehended; there was now no very buoyant spirit of speculation. and no far of ovvr.tracfing could be reasonably entertained. He meld not in any view of the case justify the measure which was proposed fat adoption; he thought, that instead of contracting their lames they should extend them. The evil was not that there was a deficiency of gold in circulation, but that there was no elect'. tion at all. We were told that care should be taken that the in. tercet of money shoold not be too great in an imperfect stare of so ciety and where commerce has made but little progress, the inter. rest of money is proportionably high, but when commerce flourishes the interest then becomes low. Should they now, with the enor mous burden of the national debt pressing upon them, return to cash payments, they would entail much distress upon the country. At present they could not revert to cash payments without increas. Mg the value of gold. (llear.) Before twelve months had elapsed they would discover the consequences to he most injurious and per nicious, if this measure is carried into effect. they met next year they might consider themselves very fortunate indeed, If the Government of the country could tell them that the taxes had been sufficient to defray the expenses of the year. (flew.) In addition to the motion which had been made by his Noble Friend, he would move that " a return should be made of the number of notes issued since the year 1790." Ile wished to obtain all the information pus. s!ble on this subject, and his chief object was to have as enlarged a view of the subject as he could collect from every source that was open to him, and to place the whole question before the House. lie thought that contracting the fumes of pneer currency would be very detrimental to the agricultural interests. it was the paper currency that fostered agricultural prosperity. By the returns he now moved for it would appear how far the principles laid down in sup port of this measure would be strengthened by the experience of the years 1793, 1795, and 1796, when much commercial distress pre vailed. He was confident that the country could not bear a return to cash payments. The Marquis of LANSDOWN explained. Ile said that he would not press his motions on the House, if any opposition was offered to them on the _part of Ministers or the Bank. The Earl of LIVERPOOL said that he had no objection what ever to assent to the motions of the Noble Marquis, and he would undertake to say that no opposition would be offered on the part of the Bank.—The motions were then agreed to. The Earl of LIVERPOOL gave notice that he would bring in • Bill for the renewal of the Bank Charter on 3londay next, which would be then read a first time ; and that the House would be summoned for Friday sennight. The House then adjourned to to-morrow. MOUSE OF COMMONS, Tu U RBDAT, Frs. 9. There were laid on the table the Account of Allowances and Compensations granted to Officers of the East India Company ; Returns of the number and value of country bank notes in circula tion during last year; and Copies of the Communications which passed between the First Lord of the Tritium, the Chancellor of the Exchequer, and the Governor and Company of the Bank of England. LIVE RPOOL AND MANCHESTER RAILWAY. General GASCOYNE presented the Report of the Committee on the petition for a Liverpool and Alanchester Railway.—Leave given to bring in a Bill. General GASCOYNE presented a petition for buildings French Church in LiretpooL The Rill for Improving and lighting Liverpool was read • second time. BIRMINGHAM AND LIVERPOOL CANAL. Lord CLlVEiresented a petition for making a navigable Canal between Birmin gh am and Liverpool. Mr. S. IVOR LEY, on presenting a private Bill, made some 'interim on Committees. We understood him to say, that It was the duty of Committees to examine whether the standing orders of the House were complied with, but not to investigate the facts which involved the merits of the petition t and the lion. Member concluded with moving, that a Committee be appointed, whose duty it should be to inquire in what circumstances the standing orders of the House might be dispensed with, and to report the satne.—Agreed to. NEW CORN EXCHANGE. —„ .... ..... The Bill for erecting a new Corn Exchange in Mark-lane was read a second time. ABOLITION OF NEG RO SLAVERY. - Sir C. presented apiTtiCi;nftomti7eu;;rn of New port, praying fur the abolition of slavery in our West Indian Colonies. Mr. WINDHAM presented s petition from New ;;.rum, to the same diet. IMPORTATION OF FRENCH SILKS. Slr C. DUNDAS presented a petition from a town in Berkshire, against the importation of French Silks. , MUTINY AT BARRACKPORE.—COUNTRY BANKS. Mr. HUME begged leave to postpone his motion relative to the Mutiny at Rarrackpore, which was fixed for the 23t1 February, to Thursday, 21st March. There was another measure which he would lay before the House, which, from its general interest and importance, would meet, he was sure, with universal acquiescence. He would move for a Return of all the light-houses in the hands of individuals held by lease, or grant from the Crown, together with names, rents, and periods of tenure, distinguishing those which were regulated by Act of Parliament, and 'gating the amount of tonnage duty levied on shipping by the proprietors of those light houses. The lion. Oentletnan, while on his legs, would also move for a return of all the Banks in England established, or carrying on business, since the month ofJanuary, 1818, which had since failed, stating the places in which they were established, the names l and number of the partner., and the amount of debt claimed in each instance. Ile was sure no objection could be made to a pro. position which had for its object merely to show to what extent the public had suffered. This measure seemed st necessary prelimi. nary to the discussion which was shortly about to take place. The loss which the community had sustained in the late distresses could not properly become an element in the calculation of new immures until the actual amount of that loss were previously asce•tained. Mr. OR EN FELL approved of the Hon. Gentleman's motion, and wished to know whether he had any objection to include Scot land in its terms. He (Mr. Grenfell) believed that the returns from that country would surprise the House, by exhibiting the great comparative stability of its banking establishments. Mr. HUME had no objection to accede to the suggestion of the Hon. Gentleman, and to include Scotland in the terms of his motion. Mr. MABERI.Y rose, in ordn to ask the Hon. Gentleman who brought forward this motion, how, or were, he Imagined that Get vernment could find the documents he wished. It was not coulee. tent for the House to enter into the investigation of private con cerns, that house had no cognizance of debts ; and would it not be a most dangerous precedent, if they were to proceed, at the insti gation of any .Member to ransack and expose the private affairs of obnoxious individuals. Ile hoped the Right Hon. Gentleman op. polite would not concede anything to a proposition equally dan gerous and informal. No one could be more anxious than himself to improve the commercial system of the country, or to check the evil arising from unlimited credit ; but he was decidedly adverse to any measures that pressed upon the unfortunate, lead to unneces. sary exposures, and deviated so far from the ordinaty course. Mr. J. SMITH observed that It ought not Ito be forgotten, that however severe such a measure might appear to individuals it had for its object the in terest o f soc i ety , an d on t h at account he would lend the motion his aid, as far as it went. He was sure it could do no harm, but would furnish valuable materials to the future deli. ()nation' of the House. There was another subject on which he wished to make a remark to the Right Honourable Gentleman (the Chancellor of the Exchequer). It was only that morning that lie read the correspondence which lately taok place between the First ( 1 4 m o r T el ey o n f o t r h o e f Tg e as ü ß r a y n , k t 4 h tc wool surprised to find the finvernment uniformly avowed and 'neut. e cated the opinion that the country hanks had all encouraged and England C hancellor, a n o d f in th e that E t-i ch tr el rea f u i e o r n . cle and nce t I h i e e fostered that miachievous spirit of unbounded speculation, to which Ministers ascribed all the subsequent commercial embarrassment. This declaration was equally dangerous and untenable. It was a censure levelled at many persons, end wanting any proof to support it. Did the Right Honourable Gentleman suppose that all the country bankers of the kingdom were devoid of prudence, honour, and integrity? He was sure of the contrary. Ile knew many of that body who were men of eminent abilities, and superior to any imputation. He wondered bow the Right Honourable Gentleman could have wandered into so wide and sweeping an assertion, and what evidence he could adduce to laupport it. He was therefore glad that an opportunity was now presented to the Right Honour able Gentlemen of explaining himself, and of retracting the asper sion so inconsiderately cast abroad, or at least of stating his reasons for directing the public odium on the whole body of country bankers. The CHANCELLOR of the EXCHEQUER had no objection to the motion of the lion. Gentleman (Dlr. Hume), and hoped that it might be rendered effectual without containing anything to offend those who were jealous of inquiry. Such a motion could not con vey any imputation on those who had nut failed, and as to the rest, he was sure the Hon. Gentleman would consent to alter the words of his motion so as to consult the feelings of the parties whom it affected. He conceived that the place might be omitted ; and per haps some other circumstances, which mtght prove prejudicial to individuals, without materially serving the public object of the 611. Lion. With respect to his correspondence witliplie Bank, he bad no objection to satisfy all who felt concerned at the language he had employed; and he assured the lion. Gentleman, that reline he con. demned the general practices of the: country banks, be did not in. tend to convey any personal imputation. He believed, if the lion. Gentleman would recal to his memory what lie had said a few evenings before, with respect to the means resorted to by country banks to increase the circulation of their paper, he might easily conjecture, to what practices of the country banks, he (the Chan cello,. of the Exchequer) objected, practices, which however objec tionable, appeared absolutely requisite to carry on their business. He objected to the system of country banks, not to the persons en gaged in them, and that system he must continue to denounce, whatever respect he might entertain for the individuals connected with it. Ile intended no reflection on their honour or integrity, nor did he mean to upbraid them in a peculiar degry;e, as authors or promotors of die late pernicious speculations. But yet specula. non was inseparable from the business of a banker ; every one who gives credit exposes himself to a risk, and is necessarily to some' de. gees a speculator. Ile meant them to censure a system that carried with it so bad a tendency, and exposed us to all the dangers of uncircumseribed credit, but all personal imputations were far from his mind, he should be ashamed of himself, if he had uttered them and assurred the House all condemnatory expressions he had u sed were to be applied solely to the banking system. Mr. CA lAIR A F'f was most happy to hear the explanation of the Right Hon. Gentleman, but at the same time, when he heard him deplore so seriously the rash spirit of speculation, he could not con. ceive how the bankers, whom the Right Hon. Gentleman con sidered as the most important accessories to it, if not its authors, could stand so high in his esteem. But, however plausible the Right lion. Gentleman's opinions might be, he (Sir. Calends!) denied the fact on which it rested for support. How could the House s u ppose that the appetite of speculation was fed by the country banks. Could they have supplied the 17 millions celled forth by the recent speculations, the renter part of which had been paid in town. Every one knew, that as soon as the paper of country banks appeared in town it must be cashed, or the batik at which it is offered is dishonoured. It was therefore impossible that the recent speculations should have been aided to any extent by the country banks, although, some of them' perhaps might have pushed their spreulatious too far ; nor was there much to be apprehended( tom the imprudence of bankers. There is hardly a neighbourhood in England where there are not two or three banks. Their own interest obliged them to seek good security, but if they lent or discounted with too little circumspection, their rashness could not escape the vigilant eye of the public, who in the multi tude of banks could easily transfer their accounts where they bad reliance. Thus the ills of flocculation could not be traced to the couittry banks, nor yet did he mean to say that the bankers were incapable of any thing that was wrong. Ile did not believe that they were all honest or riptide men, but he thought they were as little liable to imputation as any other description of men. With respect to the terms of the motion, the Hon. Gentleman observed that the return of names and places could not materially hurt those whose names and residences had already appeared in the Cavite. He concluded with lamenting that the Right Hon. Gentleman should himself contribute so much to the evils of paper credit by the quantity of his accommodation paper which he kept in the, market. The Exchequer Bills issued by the Right Hon. Gentle man wrought more mischief than the paper currency of country banks, and these bills were issued now by the Right Hon. Gentle. man, while he flattered himself with the delusive idea that the commercial distress was now completely blown over. Sir J. WROTTESLEY wished to say a few words in 'indica. tlon of country bankers. He considered this discussion as in some measure an anticipation. The motion of the Chancellor of the Ex chequer to-morrow would allow an ampler opportunity for all par. dry to explain. lie would at present only say that he considered the country bankers rather as th.. victims than as the authors of the speculative mania. Mr. R. H. GURNEY was inaudible for sometime in the gallery. As soon as we could hear the Honourable Gentleman, we under- stood him to say that the Scotch Banks, which had been so much commended in that House, bad lent as much assistance to epeeist'. tion as those of England. lie contended that the proposed mea sure of his Majesty's Ministers would go to cause an increase of bankruptcy, not among the bankers, but among the dealers. Bankers were compelled to administer to the exigencies of the times ; they were then required to curtail their issues, and thereby increase the difficulty under which the country laboured. It was allowed on all hands, that In the year 1812 there was a deprecia tion of 35 per cent. which had remained a dead weight on the country ever since. Sometimes this depreciation had been felt on currency, and sometimes on assets measured in currency, and he (Mr. Gurney) contende a that unless something was done to alleviate the evil, the affairs of the country would be stuck fast, so that nothing could move them. It was impossible, and, indeed, the fact was admitted on all hands that it was impossible, but that there must be a paper circulation In some shape or other, or the trade of the country would be ruined ; that fact was sufficiently proved by the state of the smithy In the years 1816, 1821, and 1822 ; and yet the state of affairs then was nothing in comparison with what it was at this moment. The depreciation of 35 per cent, must be pro. Tided for in some shape mother, or it would take effect in a fall of prices, whether of those of commerce or agricultucre, he (Mr. Gur ney) would not take upon himself to say. Mr. ROBERTSON rose in order to make a few observations, in consequence of what had fallen from the Honourable 51ember (Mr. Gurney) in respect to Scotch Banks. He (Mr. Robertson) denied that the Scotch Banks afforded so great a field for speculation as those of England. The advantage to banks arose from the assist ance they were enabled to afford to commerce, and therefore that Resistance might be fairly said to be lent to the country. The Scotch Banks had been the means of raising Scotland to that state of prosperity which she now enjoyed. If his Majesty's Ministers withdrew one and twopound notes from circulation, they would aggravate the evil tenfold, and therefore it was that he called on his Majesty's Ministers to pause in creating further evil; it was folly to pursue such conduct, and then to come down to that House for the purpose of adopting measures for relief. The difficulty all arose from the commercial system pursued by his Majesty's Go. vemment. The landed interest, according to the valuation of Mr. Colquhoun, possessed property to the amount of forty millionthwhile that of commerce and manutactures was three hundred and thirty millions. He (11r. Robertson) thought the landed interest con sidered themselves secure ; he would advise them, however, not to be too sanguine; it was useless to carry on discussions in that House, when not a man stood up to stop the exigency which existed' out of doors; every body was calling for a delay in the carrying further, at present, the extension of laws respecting commerce, while In that house nothing was done to stay the evil in question. Mr. TIERNEY begged to ask the Right Honourable Gentle. man (the Chancellor of the Exchequer) at what period it was that the Bank of England had offered to establish branch banks ? The CHANCELLOR of the EXCHEQUER said there was Ito specific preposition to that effect; the only occasion on which there was a specific reference to it was when it was mentioned in the paper, signed by Lord Liverpool anti himself, where it was mentioned as one of the modes likely to afford relief, but there was no specific proposition to that effect. Mr. TIERNEY, after referring to thz documents, said that it certainly was stated by the Bank that there was a proposition made by them to his Majesty's Minister*, to the effect he hadstated, from the denial of the Right Honourable Gentleman ; he (Mr. Tierney) must therefore consider that the statement on the part of the Bank was erroneous. The CHANCELLOR of the EXCHEQUER said that the Bank did not come with any such proposition. Mr. HUME contended that the evil of the money system arose from the Bank dealing in that commodity in which alone the Sore reign ought to deal. His (Mr. Hume s) allegation was that the' people had suffered much by the failure of the Bankers that the House ought not to tear y class of the people subject to such misfortune ; and theref oiM was in order to 311 ow the real state of their affairs that he had submitted the present motion to the House. The CHANCELLOR of the EXCHEQUER wished to offer an observation in explanation of what he had said on a former occa sion. He had understood the Honourable Gentleman opposite (Mr. Calcnift) to have stated, In reference to what had &lien from him (the Chancellor of the Exchequer) on Thursday last, that he had thrown the whole blame of the late calamities on the country banks, but how the Hon. Gentleman (Mr. Calmat) could so have under stood him he could not tell, for if he at at all recollected what he had said on that occasion, it was that it was not possible to charge the distress upon the country beaks, or upon any particular class of persons: he (the Chancellor of the Exchequer)had represented them as arising out of special necessity, incident to all commercial com munities. Mr. LCRAFT said that he was perfectly ready to admit the explanation given by the Rtght Honourable Gentleman, and assured him there was no person in that House to whom he was more wil. ling to concede ; he multi only say in his own justification that the Hight Hon. Gentleman had been so understood by others as well as himself. The motion was then agree 4 to. NAVY ESTII4I::.TES. Sir GEORGE CLERK Lrought up the Navy Estimates, which were ordered to be printed. SILK TRADE. Sir THOMAS LETHBRIDGE presented a petition from car . • tsin silk manufacturers of the county of Somerset, against the ire. portation of French silks. On the motion that it should be brought up, Mr. ROBERTSON contended that if some steps were not tak e , ' to stay the proceedings about to be adopted by his Majesty's Mi. Miters, this most important trade, which had been gradually in. cressing for so many years, would be totally destmyed. The pro. tecting duty of thirty per cent. would have no avail, for if Presets silks were admitted, whatever prices were asked for them would be given in this country, because it mut lihtte told fashi,r, „,. brought them into the market. This It Imo that a0..;1 the advantages gained by our for, father; to So 111—,w: as , line between restriction and Carspetitym could net be dr. su • protection aewas proposed to bemire-W. 1' we: ovp Ni p with such a debt upon their aboolders they cold0)114.!. nation without any, upon the principlesid free usde. The petition was brought up, and ordered lo be printi.l. MR. RENNIE:We CASE. Mr. DENISON moved that s merage he pteszz:e lairds, requesting the attentisoce of Lord lUsldletoo dance on behalf of Mr. Kenrs:k. • k 1 11Tei:;1i:All.:Rrosetoo;:1M, end said the Rom Mcr,. . . • Denison) was premature in ids metion. se it "odd i''• I J C . , . to anticipate what evidence would be occulted** die dcl :., r , . ' Motion withdrawn. ' • '" SILK IRADE. Mr. BARING said that he had to present a *Oen -7.. , ea persons employed in the *ire trade. In the bowie& of Tele V against the Introduction of foreign silks. This was quest,,, .- .: would be brought before the House fn many shapek and e,. ~. .... tions, and was one in which not nee ereusend but nee e ld thousand of wretched individeal. were eesee.reed. Ile i •-!: ring) was sorry to find that his Rite.• '.I . . , 7 ...rtr.,:c Fr vet tee n ee sident of the Board of Trade was absent; he had hoped thee, would have been present on the occasion of these petitions being presented. There was only one way in which the question could be set at rest, and that was by trying whether the House would or would not support his Majesty's Ministers in the step they proj ect . ed by the alteration of the law it respect of this trade. It was its. possible, in the present state of things, for the manufactorers to give employment to their workmen, until they knew what their fate was to be. Whether their opposition was right or wrong, b e (Mr. Baring) would not say, but their opinion was, that If French goods were brought In, they had not a chance of selling a siesta yard of English manufacture. lie would not now move for a Com. mittee to inquire into this subject, because of the delay, and thus was another reason why he would not, because, it they were able to make out their case to the plainest undemanding, tie lose of the Bill was evident. His Honourable Friend (Mr. Calcraft) had said that the Stamp Office had refused to stamp country bankers totes; he (Mr. Baring) was anxious to get rid of small notes. but thought this to have been an unwarrantable proceeding, and ought not to have been adopted without coming down to that House. In the same manlier a law was passed that a protecting duty of 7s. lid. a pound should attach to , hrown silk, at which time the ihrowsters end if that law passed the manufacturers would be sacrificed. It wee however, mused, and lately his Majesty's 141thisters bail taken upon themselves to make a reduction of two or three shillings s pound in this protecting duty, as if the laws of the country woe entirely at the disposal of his Majesty's Alini.ters. They bad sent down an Order in Council to take five shillings instead of seven shillings and sixpence ; that was a very strong measure, and nothing but the greatest urgency could justify it. The Howe must be aware that at this time of great difficulty, as to this or that trade, it was impossible loran, man to koow what he was to do. Ile (Mr. Baring) wished to prep on his Majesty's Ministers tse early consideration of this question of the silk trade. but be should be surprised to hear from his Hon. Friend, the President of the Board of Trade, that it was possible for it to abide the cop. petition to which it would be subjected, lie had to mace one more observation on the petition, and that he felt to be necessary in consequence of what had fallen from an lion. Baronet ten Thomas Lethbridge) on a former occasion, when presenting a petition to the House, as to the feelings of the manufaceirets beteg favourable to the Corn Laws, and he (Mr. tiering) had been par. titularly directed to notice the point, that these ten thousand per. sons distinctly say, that the principles of free trade cannot exist in this country unless generally extended. Mr. HUSKISSON begged to Apologize fee his absence, and as. tutted his lion. Friend (31r. Baring) of his anxiety to have the fel. lest ineuiry into this subject. The fast was, he had been engaged up to the last moment on public business of great importance, and though tie tendered this as an explanation, he knew it was note justification pf his absence front the House. With respect to the observation that his Majesty's Al inisters had sent down an order to reduce the duty on thrown silks from seven shillings and sixpence to five shillings a pound; the fact was, that directions had bun given to take five shillings, and a bond for the remaining two and sixpence. His Majesty's 31inisters never thought of doing so irre. gular an act as interfering in the way described ; and it must be perfectly known to the Hon. .31eniber. that it was quite a usual course to take a bond for part of duties, lie (3lr. Huskisson) would not go into further discussion now. Ilia lion. Friend (Mr. Baring) had said a great deal of the deranged state of the counny as to its manufacturing interests. No one could deny the position ; and if his Hon. Friend (Mr. Baring) would give notice of emitter, then he would meet him on the subject of the silk trade, or sty other in which an alteration was proposed. There was nothing that he (Mr. Huskisson) had more at heart than to have a full and complete examination into these subjects by the House, in order to ascertain, and consider cveiy objection that could he urged oa the subject. Mr. DAVENPORT implored his Majesty's 'Ministers to pause ' in respect ro the extension of the laws in regard to the silk ends. He (Mr Hammon) had said two years ago what would happen, and it had happened, SW what was the consequence ? Thousand, of ladividu3ls were obliged to be supported by voluntary subscrip. thins; and this in a trade which had been growing up fur years, and spreading itself over the country. Sir T. LEl'll BRIDGE was quite agreed as to the importance of the object of the petition before the House ; and his object in rising now was to explain what he bad said on a former occasion. It was not on presenting a petition, es stated by the Hon. Member, but on the question of bringing up the Report on the Addnu. Ile (Sir T. Lethbridge) had said on that occasion, that the body of the manufacturers possessed a more chaste view on the subject of ' theaeorn question, then they did when it was before the Homes. He had it from several silk manufacturers of the metropolis, as well as others with whom he had had communication, that the people did not complain of present prices, but of the destruction of tbeir trade. He was quite prepared to justify the observations be hid made, and never could have intended to say that the manufacturers ' in the silk trade, or others, would not complain if out of employ. because it was evident that any price was dear when such was the ease. lie (Sir T. Lethbridge) contended, that if his Majesty's Mi. ' nisters were determined on extending the principles of free trade, the obvious anti more honourable course would have been teepee) the whole, and to have begun with the Corn Laws. (Hear, heir.) Under such circumstances, he (Sir 'f. Lethbridge), for one, would have approved of a free trade in corn. But the fact was, that while the national debt remained, so long would it be impassible to give a free trade in corn. He was prepared to say, that when the question of the alteration in the law respecting the silk trade should be brought to a discussion, and should it receive the countenance of his elajesty's Government, he should oppose it. Air. ELLICE rose, but front the noise in the gallery we caught his first observations but very indistinctly. We understood him, however, to say, that the Right lion. Gentleman (Mr. Iluskisson) might find himself called upon, in consequence of the system of free trade, which he had adopted to find the means of supporting 3 starving population. At all events, some decisive measure must be taken, for nothing could he so pernicious as leaving the minds et persons out of doors in a state of uncertainty, upon a subject so Important. lie did not mean to say that there was anything like Indecision in the intentions of the Right Hon. Gentleman, but there was a strong feeling entertained upon the subject by the great mass of the people which called for some Parliamentary decision upon that which affected them so nearly. It was his intention 10 present various petitions, similar to that which had just been pre. Rented to the House, on Monday next, and then to give notice ors motion to refer the consideration of them all to a select committee. to examine and report thereon to the House. Re thought the Bill of het session! regarding the importation of foreign silk had bean of great benefit, because since 'then additional light had been thrown upon the subject, which, but for that Bill, never would have been elicited. Front the information which bad been received within the last fourteen dart, he was morally satisfied that the system of free trade could not be carried into execution at present. Indeed it could not, lie repeated, be catried at present into eift.ct, without first reducing the price of corn, or else ruining the trae.e altogether. ‘Vhether he could rebuild that trade utter its destruc tion was a question which was perhaps worth the Right Hon. Gentleman's consideration. On Monday next, as he had already stated. he would present those petitions, and whether time Right Hun. Gentleman would then state what might be his intentions, or whether he would then produce his own Bill, was immaterial, but it was of the greatest importance that Parlia ment should come to some immediate decision upon the subject. Mr. BAKING explained. The Right Hen. ClegAirsse err site (Mr. Huskisson) hail epokee as If hie( Mr. B.) bedimr ied iu . .0 the measures relative to the silk tiode which had ben l.t the course of the last session. The fact, Ititewcrti, wee, digs tim. Dill, if it was pernicious, ought not to be laid shogetbet M tr... door of the Right Hose Gentleman ; ter very few ateemuse La ' ever passed that House which ball met with arch Lion within its wally.. (Hear.) Ile uielied its lekle peneed eft` heated Hon. Gentleman, which he laed there won be lim dith r e :plebe culty in answering. Ile had le and Inv , s gendenian was trate:: through the great nations of Europe who trade %hit this tour for the purpose of collecting' information mete the subject of • Corn Laws, and he now wished to be intormed whotber that ice tleman had made any teport of the rattle of his impious e Mr. HUSK ISSON observed that lie believed he Itas net W. taken in stating that he had the cordial support of his Hon. Frk (Mr. B.) in carrying through the House the usea....ure regiedleg -.;.. silk trade. In reply to the quatlon cf his Ilan. Erlead, be bad . difficulty in stating that a gentleman had been tient abeeadlo •'e Information respeeting the state of the sewn tuck. Maul turned recently, and had put into his (Mr. 1L1...0 halide a fee e ameitaing of 130 tolio pages, to which was added a very volnednte appendix. lie was sure that the LIM. Member, theviure, wt '. l ' not charge him with anything like renstainess, is not having therto devoted to them the attendee white tau native of id_ t jet demanded. He was quite reedy, if tequtred, to s.ste T was the nature of the instructious given to the gerr..tmart alh prepared i l l i o e w w e a y s er no s t tte of as labours. a tnet t h ere t state wu th n e othi a ng it in the report w ll h e it. tc° • h h ou ou uled g h ht not to be laid before the House. (Deur.) 1 The petition was then brought up, and ordered to be printed. HANK OF ENGLANI). Mr. ORENFELL said he was about to wove foe reunite as rir. Hailing of certain papers from the Bank of England, similar 10 th T ba tlt fo E lu li 1 4 3 an tits do tit tip wa wel lte /re th hi bu th fat TI B 1 UP a' pn ed Y ttt Nt ern Be int op W 3 Ti nit sth tilt Sft . the of ten im tu I dui • the a. foe. silt Th • tilt any lie no Ha woo • of Wit as ea wh Lie if' to I not the wen fou eon the wh the abc • stil it Bil 101 l • STK dia V. wo ba foe the I wb of i at tin we Yeg to I law bet bet bit in bu me Be • sttn 4 1 cul ,Ist OW -coY ins obj • au not A l eon • the I ap r,, CON obj , the Cat Vol Ste rit tsue sf " t.