The British Press; or, Morning Literary Advertiser. — London, England, 1809-04-19 00:00:00

l I tl ti; If, It 41 . t it t‘• .r: • strongly tiro the doing away the, name es 7 etchangerand putting an end to its Calculation, by' roped:ling the milk* of acconut, and monies of ettokilatifois in both countries, and the fixing the fu ture interchange by hills at a stated dumber of dam adequate to defray the expense of remitting at all times, so as fully to adopt the same practice which prevails between Edinhorgh and 1./niches, and be tween Liverpool owl .;oinatittee further soy" Before your Coinniittee quit the VA jret of Exchange, they w.sh to observe, that if their inquiries have failed in enabling then) to proir.ate any effectaal remedy, still a remedy ought to he sought for, by the wisdom of the 4i mac, for that a great country, now placed as Iraland is, limier the Caine legislature with England ; 'forming a consti tuent part of the United Empire Novelly as Eng land, or any county in Esogluiorl doe', its metro polis, not so far distant from Londo), mouthy part of Scotland ; Newcastle, Carlisle, or I /stripe!), shatild Meow in its pecuniary intercourse with England, yonder a constant varying exchange, which the others are free from, is a position so strange, that your ninittee catmint believe it to be founded in the tit Weals nature of things.. But the strongest illastratiou of the policy of an RS'4111111!0011, is what passed when the Union of England and Scotland to ok abice. At that Limo there existed a difference , it, the currencies of those coon • tries, exaetly similar to the 'lnference in the Eire,- Leh and Irish tei:reacies ; the Eughsli shilling am. current in Scotland fur 13 Scotch pence, and ex change was eleven to twelve per cent against Scot land. The getting rid of this difference, and of this exchange, was held to laa en object of so snitch coolowerieoice, that a specific article of the Act of Union was introduced for the purpose. The 16th Article runs tlitts" that front mid after the Vision, the coin shall be of the seine stall-aril and value throughout the United Kilogolou, as now is England. Measures were taken accordingly ; and it is stated in Horror's His tory. that no. eon of inconvenience attended the alteration, but that, on the contrary, the site of exchange, which before was eleven or twelve per Cent. to the rlisadvnetage of Scotland, immediately came to par. The Honourable Member next proceeded to state the place by which he proposed to carry the assimilation of the currenciet into effect. Until the reign of William 111. the cnr renciee were the same, but upon the issuing of the new silver coinage in his reig n, a proclamation was published ordering the English chilling to be cur remit for 13d. The guinea of Et,, lene( war cur-, rent in Ireland till .1736 for 235.: to that year it was reduced to 21s. 9d. so as to correspoud in value with the shilling at 13d. This value of the shilling is the only difference between the two cur rencies, and that being the case, it is plain that the way to get rid of it is to make the English shillings use for 12.1. The Report of the Com mittee of 1804 points "out this plan ; it stater, that the equalization of the currency may be ac complished, by reeking the copper penny, half penny, and &tilting, of England, equally current in Ireland as the silver shilling and gulden guinea ; and the Committee recommend this to he done in preference to issuing a new copper coinage of a 'roam', device or description fur helmet. Yet the Privy Cvuneil did rut think proper to attend to this recommendation, but the year following ad vised His Majesty to is•lie a copper coinage of a separate description for Ireland, which advice was followed. The Hon. Nleraber said. that it had beet, suggestedtohim, that the assimilation coulJ be.very easily accomplished by the King's toroclamatiou being issued. to declare that lad. of this costs, now current in Ireland, should be equivalent to Is. It was certainly true, that such a measure would do the business; but he was averse to any measure which wonki he liable to the itnpntation of unfair ness, and of diminishing the value of private pro perty. He should therefore not propose it, but take up the recommendation of the Committee, to snake the English copper penny, halfpenny, and fasthing, current in Ireland. This he would pro prroe to do, becauie 12,1. of this coin NHS exuaaly equal in intrinsic value to 13.1. of the !Psi' coin ; it having been made, in 18115, with this difference in value o -and because a prorlarnattoo, orderitte shilling to be current for led. it it would not be unfair, or injure any mati'•J property. In order to carry this measure ititn re:li, it would be necessary to cull in the oroppet-voiti now current in Ireland. There would certainly be some bass to the receiver on this transaction. As, however, it had been for more than its value, that loss would be confined te the expense of making it, and to the weight lost 'ay the wear of it. The expense of making it was 431. per ton for the penny pieces, and 4:41. per tote for the halfpenny and farthing pieces; and M. per tow for the freight, kr. There were made 153 tons 01 - pennies, and 448 tons of helfpentiies and farthings; on which, at the above rates, the expense was 41,3361. But, a great part of this lose would be made good by the profit that would attend the issuing of 600 tons of new coin, if it could be made upon the seine terms mew, se its 1805, the profit on issuing the present coinage being upwards oflo,oool. But even if a loss does attend the transaction, it will he very trifling in comparison with the public benefit that will acrue from it. The Ilou. Member next adverted to the silver cur rerrev of Ireland: if that had continued to be coin posed 'f English Miet coin to this day, as it did till Mot, there would he no difficulty on this head. As, h r , there was no mint silver now in Ire land, but in its place batik tokens of 6s. 2s. 6d. tod. and ed. value, it became necessary to con sake whet was to be mine with them. Those for us. have been issued by the Bank of Ireland on their own account, and cent token is a Spanish dollar newly stamped ; as the dollar is now current in Ireland for 4‘. Inn. each token passes for 14d. above its value. There pre in circulation of them 133,3511. The other tokens have been issued by the Bank, on account of Government. under 45 and as • George 111. By these Acts the token) for sd. is to contain 1-13th part of a Spanish dollar; for 10d. it-I:Mks; and for 30d. 6-13ths ; thus giving to the Spanish dollar the value of ss. 5.1. or 7d. more than its value. These tokens are a legal ten der only in payment of the taxes. The value of them in circulation is 748,4041. Nothing could be more at variance with the recommendate n of the Committee to equallite the currencies than the plan on which these tokens have been issued, the sums of 3d. 104. and 30d. Irish not corresponding - V with any intr.:teal slims in English currency. Had they bete' issued few. hid. 13d. mid 2s. 81t1. they wo.ild . have citenlated, after the ecLitaliottion, fur ers. N.!. and 30. As, however. titty Were 111A11Cfi to serve u temporary purpote, and to atone an op portunity for makii.g a new silver comage ; and as they are, to every respect, so bad a des: Anion of coin, sad ten a leeal tend er, exeryt true case, lie would !unwire that they eked', he called in, and that a new silver coinage should be made com mon for hotis countries. Ile said for both coun ter., because it was undoubtedly tete that Eng land *moil in need of such a eteillag.. Mr. Mails -field had given it in evidence behire the.< 'ouleittiet. • of 1804 flout silver was so scarce then in beetlimill as to bear a preiniutn of per cent.; and it had become so scarce last year in the manufacter. nig countite. of England, that paper for had been cireuleted ; it was, in fact, easily ob servable.by every one, that the state of the silver cote caniert be much worse. All that has been proposed so far, the litmourable Meinher mild be accomplished by the Executive Go vernment, it would be necessary, however, to have recourse to Parliament ; in the first place, to secure the faithful perforniaitee of all controcte, and guard all piervons a l atinst injury by the alteration in the eterrrencie.. He should propose to declare by Act of Perhament, that all contracts inatle previous to the day, 011 which His Majesty should order, by his proclamation, the its lotion to tlikt: place, should be coastrited to be for studs of Irish curren cy toeless otherwise expressed in the contract ; And that all contracts made eubseqnent to eon day, should be for .11144 of British currency, uuless are otherwise expressed. lie should oleo propose, that the several banks in Ireland should be prohibited from issuing paper after that day, for sums of Irish currency. And that Batik of England paper should be made a legal tender in Ireland, equally as Batik of Ireland now is. These were the several meet surer which he thought requisite for accemplishing the assimilation of the currencies, and if adopted, he trusted, that they would be productive of great public advantage. He then proceeded to consider what the opinion of the assimilation would lie in respect to payments of motley in Ire land. hi regard to the money of account, or the way in which accounts were stated, it would lie optional to selbere to the mode of stating them ill Irish currency or not. It certainly would be more conveuient to state theta iu the currency which corresponded with the circulating money.— As to payment made with guineas, &initiates, or Bank paper, for so emit) , guineas, the operation of making them will let exactly the same, a. it hitterto has beeu. The guiues will pay IN. 9d. Irish cur rency, and he worth 225. 9d. Irish currency, jitst as usual ; and so the shilling will pay 13d. anti be worth 13d. Irish currency. A person therefore re ceiving or p tyieg his rout or interest money with them, will receive and pay just as 1111101 and 110 more, isi . th nominally, and wally thaa he has heels accustomed to do. Payments made with Bank notes for pounds, or in copper coin, will be. differs. ently made, not really so, but temsinally ; for though of the copper coin will pay what 13d. of the present coin pays, as 11.1. of the new coin will he worth, intrinsically, 13.1. of the present coin, saki therefore the difference will not be 3 real one; sw the pound time for 204. though it will pay what the present pined note, with Is. ed. pray s, a. the poised note will be worth twenty of these 12-.. onc e ,, so it will pay us much as the present pound note with Is. ed. and the difference will not be a real one ; and thus, if a landlord receives 1081. 6.. B'l. of Iris rents, as stated in Irish currency by a note for loud. he will receive the full valee of his reins, because he will be able to command with that 1001. as much gold, silver, or copper-coin, as is intrinsically worth Wail. tie. rid. or to speak snore scientifically ant: accurately, he will be able to purchase as mite() commodities with this 1001. as ho could with 1081. 6s. ed. Irish currency, and for this self-evident reason, that the alteration in the value 'of a cur rency can produce no alteration in the real value artily commodity ; the real value of all commo dities being dependent upon the proportion which the supply of ,them heals to the &wand, and not in any degree upon the value of the money with which they are bought. Mr. Parnell said, that if he was not fully convinced of the accuracy of this reatiotiitig, and that the assimilation would pro duces no injurious effects of any kind what .ever, he would never have proposed it. That if landlords wore to be injured by it, he had , inducement to oppose such a measure, and that he hoped that he would have credit given te, him for not being a prison in any ways anxious to take advantage of his tenantry by any sinister mea sure. In regard to the time of adopting this plan, he could conceive none so fit as the present. If it ought to have been adopted when the I.Tnion took place, it cannot now be premature, wheu eight years are gone be, since it did take place. The exchange was in every respect favourable to the undertaking. The want of a silver coinage for both countries was a reason for adopting it now ; and the eiremustance of the copper coinage of this country heiug so recently issued, reudered it easy to extend it to Ireland.—The exchange might be come a great obstacle is the way of the measure if postponed, and such variations might take place in the price of copper as to make it iinerracticable to issue a sufficietit quantity of coin like the English . coin. for Ireland, without ...mut loss. Mr. Parivell concluded, by saying, that he felt unable to guess at what urguntents mold be used in npeosing his motion. lie had acted upon the authority of this House.. lie had so framed the plan which he pro posed, as to render it liable to no objection, as going to injureany roan ' s property,and he trusted the douse would give it their support. If the House should think proper to resolve itself into a Committee, then he should submit to the Committee. the following Resolution : That it is expedient that the coin of the United Kingdom should be the same stand ard and value, as the coin now is in England." Mr. Forma said, that tl gh he agreed with the Hon. Gentletnan as to the eligibility of doing away the exchange between the two couutries, yet he could not subscribe to the measure which he pro posed, as h. did not consider it celettlated to pro duce the viol ; even if it were; lie did not know by what legislative measure they could enforce the adoption of it. Heinittances, however Riede, twat be made in money, ~e rto th Wilts were tied up n* from issuing a gai nd a cettafta ' • thought it impossilile to put down 6e.llml:sue altogether—perhigh the most that torM expect was to prevent the filictuntions is which it was now subject. The I lon. t ;.• f itfornan recommended that the hauls of Eqglatod paper .liould he a kgal ten der iu !rebind—hut he (11r. sould ask, was the bank of Ireland paper legal tender here? And he would warn the House how it would adopt any mevsure, the coiherpseuces of which might be so injortotis to the country, as the tosimst of hank paper a legal tender iu asii part of the kisigdom, lie must oppose the motion for s oing into a Coin inittee, all goad could result from it, and reach injury milliti:o44ibly emus, in the present state of it the. atttinpt were made without success. Ahura four years ago, there was scarcely any• cur rrin•y in Ireland, but awe to ni there was a suffi ciency of silver to aivover all her domestic purposes, she was also in complete possession of a copper currency much better than that of Eagfand ; the amount of her silver currency was ahoi it 1,200.00td. it 04,000 of chi<ll wee issued by the Bask of Ire land In Bank tokens ; there was no halt of the Irish currency aliquot parts of the English deno mination. The lion. Gentleman proposed to call hi and rearm all this money ; but he had mit stated what was to be done iu the mean time, or how the inconvenience of waiting it was recoiniql, was to obviated. Ike Mr. F.) was aguiust Molding up to the expoetataosts of the country what was im practicable, and therefore lie would oppose the mo tion for going Tutu a Cinotnitue. Mr. o'Hstx said, that the e time of the exchanize between the two couittnes ...11. that one was iu debt to the other, ilierincla case, the exchange was always its favour of that which was the creditor. Ireland was mach in debt to England. Mr. Titoaatits said, that he sue a member of the Committee to Which the Hon. Gentleman had referred, but when the Committee recommended the weusures he hail quuled. they had is clew to an` antecedent measure, which did nut take place. Mr. Porisosav said, that though he rate'tained the greatest re:yeet fen• every thing that fell from his Hon. Friend, who had, upon that occasion, dis played great ability and knowledge ; still he was of ' opinion. that his plan would be attended with con siderable difficulty, slit was not altogether imprac ticable. While the restriotion with respect to the is suing of money from the Banks existed, he thought there was a great ohs:tack to it; 'uor did he think that the equalization of she coin would produce so great an effect upon the exchange as the Hon. Gentle-. man seemed to think. A BM which had been brought forward by an Hen. Friend of his, the plusher for Waterford. permitting the export of con' from Ireland into England. had done snore to equalise the exchange than all the other cisoss s put together. Looking forward with hope to she time when it would be snore praeticable than at present, he would. if he might presume to advise his lion. Friend, recommend thut lie would not press the House to a division upon the question. M►. D.Gtriov allowed that it weuld be a desir able object to assiini!ate the course of exchange, hut did not think the rseasuie ta:fore thee► calcu lated to effect It. Mr. PAP self 114 A theille *Wished to set him . right in the conception of the House. ni a few parts of his statement, in which he had beeu mis apprehended. He was always aware that bank Asper was not II legal tender, and he thought he had Kneeled againat the appearance of any intention of making it wee his words were " as legal a truder in Irelaud as in England," not simply a legal tender. As to what the Hon. Gentleman opposite ;Mr. Foster) had said, his whole argument ass founded on a misconeeption. When he proposed to call in the coin, he did not intend that it should be done until new coin was prepared to supply its place. As to what had been objected against the anima.- tion of the coin, Ste. as imadequate to keep down the exchange, they would find that it had succeeded in Scotlaud; and with respect to the objection of time, the present state of exclienge, as be had said before. rendered it peculiarly appropriate. The motion was negatived without a division. Mr. Pc eta MOORE, adverting to soineaccutints from the Office of the Secretary' ut War, and which he said, appeared to have been passed, without undergoing the cheque tumid with all ether pnMic accounts, that of being rogolarly accredited, mov ed, that those accounts 'timid be printed, w!lich was agreed tn. Lord CASTIMICAGII moved, that the House re solve itself into a Committee of the whole House on the Militia Complete:it' Bill. Load AacetaaLe Ilmatteox objected to the measure altogether, on the ground he had formerly stated, that a pledge had been held out, Lc the former bill, that no further ballot should be es forced until the year lel°. Lord CitirLEREACH denied, as be had likewise before done. that any such pledge either was or could be given. The SPEACIIII interrupted the conversation by reminding them that the question before them was, that lie should now wet the Chair The cpsestion was seconlinely put and carried, and the House resolved itself into the Committee. The clause enforcing a fresh levy of men, to the amount of one-half the number of such regiment of militia, according to its uriginal establishment, in order tiemake good the deficiencies occasioned by the present volunteering into the hue, was op posed by MeGiles, lord Archiliald Hamilton, and Mr. Windham, on the ground that as the bill professed to recruit the drain, supposed to be occa sioned by the volnnteeting into die line, coil as some regiments might not afford any Or but few recruits for that purpme, it was unfair, and contrary to the professions of the Bill to adopt the measure of the increase of one-half indiscriminately, by which some counties might he raddled with the support of the whole addition to be raised, where none were wafithig. Lord CASTLERISACH, Mr. PEICCYAL, and COI. WOOD defended the Clause as a measure of m eanie,' on a case which might merely possibly happen. but which, from the spirit with which the recruiting was goiug on, WM% not at all likely to happen. The Clause was ultimately agreed to. Mr. Guts also objected to the elauie enforcing the men by ballot, in the event of ea failure in the raising them by the recruiting service before Jan. fele ; upon th e ground that the certainty of the ballot would have the effect of defeating the re. 4111111 ‘ . ''. cruiting twice trader the certainty of • kigl4or bounty being then to he got. Lord CASTLEISAGEI said, if he were degree Irs ahaadera either mode of raising men, tit should he 1 that of recruiting, a s be s hould out venture to Vow.. sight of that Constitutional mode of providing for the militia by ballot, but conceited that tire one did not interfere w;tii the other. Mr. M'iNUNAM, considerini the stiole of the measure as funky, thought it of little consequence how it was effected; b - ut still contended for the principle, that the prospect of a ballot ',torpid servirto injure and pervert the effect of raising the nom by the recruiting service. Mr. Gat.y.s, persisting its his determination of opposing the measure of a ballot, whenever pro• posed in any shape whatever ; The Gallery aae cleared for the purpose of di viding on the clause, but it was ultimately agreed to without a division. Upon this clause, as to the ballot, the Committee when the numbers were— For it Against it 'Majority Another division took Ogre upon the elerme tn. Aietuig pi.ialttits Of 201. per watt. ulwu the count lei leiliug to raise their proportional nuinbci of the numbers were— For it Agaiost it Majority The other clauses were then agreed to. • Mr. Bloou LPN proposed a clause, that Peers of the Realm should root, on account of their rant. be exempted front the effect of the Bill. The-Cosa. :Mare dei . olcd upon this clause, when there ap peared Alta I\ 111, 17 MajilritY, The Report wee then brought up anti orderer! to be taken into consider:olot' ou Thboredor 139,1a4 Adjourned at one rict.ocit. OFFICIAL COItKESPOYDSNCgt: • ' . , _}'~4 ` - .b fDETWEEN GENLEtAI. MOOll.ll AND MIL FRZRZ.I The following is the letter bit ly alln,;ed to In the House of Lords by Lord Aticklso.l, which was sent by ,Jr. Frere to General Nome by a FreacA-• Dan " Talavera de is Persia, Dee. a, tees. " thee', rit which I did sot wish to pre-sapposr, of your continuing in the determination already annoviiimill to me, of retiring with the army under your cisinniand, I have to requeot that the bearer of this, whose. iutelligeoc• Ins been already retried to, miry he previrrusty exxittincd Wore a CowanCosa ii of W sr. I have the bosom. to be, Sow (Sigma) J. H. FitERE." In reply to this Letter, Sir John Moore 'mikes the following Observation " 1 hat e thylight it toy duty thus calmly to explain ti you the reasons whirl Lave and do actuate my conduct, and i.h anxiously as the Kleg's ilioistrr, to continue spars the most confidential /sanity; sith yin • and I bops, va it Or hut one interest, the public self:ire, though we say occasioually see it in different aspects, that this will not diatu.b the harmony that should subsist between vs Fully, impressed as I am with throe sentiments, t shall abstain from any remark upon the two kites -from yissi., delivered to use last night and this morniag- --, or on the • asesiaze which oceompaniiii them" • And iu the same Letter, allnilina to some re. marks which Mr. Frure had made upon his first retreat, Sir John observes— " With respect to the determination which I made on tire teeming of the moth, upon receivinw fr.int Mr Stuart the aC. count of Castano'e defeat, I should, had you beer w:tli me, have communicated it to you, but should sewer have thought of asking your advice or opinion, es that determination was feuded on cireunistainces with which you could not be ac- Isolated : and was, Ismides, a qui:attain merely military, of which I should have thought myself the best Judge." COOT OA A sense mow THE aleirk BOA. J. n. faro, TO LIEUT. lI.LO, 9T/1 DEC r HOE Stu—After the representations whirl. have been made to you from other quarters, I can hardly hope that a for. thee remonstrance on my part can produce one effect, v berth high military rank +ad authority, and the inductive .if per. sow whom, I am told, you honour with yone private races, have been found unavailing. " The advantages which Mr. Stuart possesses in this on. spent will,! hope, enable hien try nrge to you with ilia warmth of pi-motel regard, what 1 may be allowed to slate at least with iinpartnility and candour, towards a person with wisest I am no otherwise acquainted thou by the honour which ha has done me by Lis correspordiume ; I moan the lame .as responsibility which you take upon yourself by adopting. upon a supposed military necessity, a measure which must be followed by the immedate, if sot the final ruiu of oar ally, and by the indelible diegnicei to the country with whims resu r you are entrusted. " I mu unwilling to enlarge upon a subject io which tny feeling must either be stifled or espremed at the risk of of. fence, which, with such au interest at stake, I 'bosh! feel unwilling ta drift : hit thus much I most way, that if the British army had bees sent Miran,* for the express objert of doing the utmost possible ouscnief to the cause of Spain, (with the single exception of nut tiring a shOt against the Spanish troogra;, they would, accordlug to the measerrii now Renounced as about to he taken, knee Mast massmiiiikely fulfilled their purpose. That the defence of °officio should be abanioned, mast appear incredible. I ass, Jae. (Sigtbsd) " J. H. MERE" GEILIM.V PAPERS. • emus, tunas id. All the horse cliassours of the Imperial Guard; which were in Paris, left that city the (lay befote yeseerrine. It is aid they are to go to Italy. The other ditachusLats of the Gnard will tweak op int. mediately. • Vestereay morning Their Majesties volumed to Paris from 11.uniliouillet, and took up their rtioa Bence as before, in the Pollee of l'Ehsee. Since the return of their Imperial Majesties hot* IReunbouillet, the tri-coloured staudard is displayed before the prlace of the; Thuilleries. The display of this standard is a sign of the presence of tta.: starch, in the capital. His Excellency General Andreosti, French Am. ba.seidor at Vienna, is arrived at Paris, ueeconipet. meet by hie First Secretary of Irrigation, Hotline. As soon or our Ambassador at Vienna, Geese:wed Aiiilreossi, arrived, he repairer) to Haiiiibowille_r, where he had a lung nuelianee of the Paiiperur ; he afters aids went to his estate at Villeelas•ry, a hick is oboist two short leeignes from Paris. It is now , derwtood, that the Material Gments which wire in Spelt) will be ditisled iuto•two caps, 'she of which will go to Grinell, and • the other to Italy. Some equiprges of ills Nlrjesty have le ft tho capital by different roods: Orders hats been Ivrea, to keep 40 poll-hones 1 • A , -.