The Sun. — London, England, 1819-02-03 00:00:00

t 1:(0 !le dr rain 're ( I ' 6 , ,:oe - " • (0 by, !Pe " ' ty/Jo 0 • r J or" ro,- it i"' . ‘c. 4 ' ib f i',l~ N ~ 1!~ „ t ic” I , s leor' the° Jfk ;l I ' 6 l jec' t ic th e • i" fi let' t') aet'ellt 61r. Il e 11f ) d 11it rea to let I,i.'" and tU tollo , :: with liii tnikiotr; 'in f tet , I , e ltal cdrvreti ~•e r,; !hiit!: that he 'cohld 0 tft'r ' i'le'le hi'n-s-if he Chose, 'he was free to take his ‘‘(tirl.,,T;lelleY's) place, and he (yould tak e that of tlle,;,slg"' i-lonourable Gentletuan.—(A Lai:lo).j— -thn't; (lie laugh raised by some (ientlemen, it tt-in't se e laugh that they were disposed, trotn what j ar 1311 itlSt said, to view him Its a person hunting, 4 -4 lace. if sucla were his object, s he ptirsued in 4 va.... i . 1, , ,i 7.. y OW! way. H e w; l s sure tiler he was oiii'etig Wh at must prove h i m vet y unfit ...for any 14 „ und er the present system, and especially S‘lloll4` 'if the E Cha nce ll or o f the xelie(l"er. 7 T 4 YI N a site vion, h'y the by e , no man_ witty his 1,114,4 the questiou now before th e House wit. 4 tak e ? cleared tip, entild be at all dispoted to litiii i Thuu g h the night lion. Getvleinan now 11 1 ; 3 'e wished for inquiry, t h e Ilo use would ta ke i fart them, that at first he hail Wisher . asy , 4 iluiry. lie had not intended to propose hcatwhen one morning he received a•corninn ilat 1 , ° 1 4 from the Bank Directors, telling h i m . rim C'ev wklied for an inquiry. ['lion this, tqll:Y because it was required by the Directors l isil )e;ll4ult, the Chancellor of the. E , celtequer Iti(lB,4'``."--" Then let there be an 11"1"irY•.'7 th e ' lr 't he (Nit. Tierney) a right to speak of 111 ,,l c it t : n i fi " , et of the Right Honourable Gentle -I'e el,"e`liati done after"t hat ? l',l!enheeos:l; , Iv ili a:''eellOr of the Exchequer conic 1 !‘tirk -Pro pusiti o ,, for inquiry, he suspected some l lp ti,:tliti":.l. eo„ti,•vatmei is h e. I s ne . ty 'that in truth l 'itaii • In'u'e stomach for toq.niy than he . 11ad t ( I , ( tr ' 4 l" , 4 . t ° give him his litre. lie looked to c i t.h:t iii.,'t,',ln which the Chancellor of the ExcllF ft•kv 4ySed:to get the object which he had 111 a 11.. . ..A). ‘ ! . . P: ' ° llly , ' 111 9 ill' lie (Mr. Tierney) rjOllld move ••I tit ' t i ten t to inq u i re into. the affaits of the rynit''-‘1 a ref erence to the resumption of cash 1'14411 l ''ut then carne the Right lion. Gen )ll4t, (..natil'tilll iliS antenth:rent, and to iti . r t i . ;:ire ,.. l , i: , ( e ) C(II e rs -as were 'connected there‘A iI.. 11 N , ", 'l' , 1 itrovy) was at: aid of the Right H en. l' l . . ra tan .... - 11,: 1 tl„: , ''Y extending the . inquiry _ in 1 , 4 . 4 t ei 1` !'e would make it nugatory, and r itt 'Y It• lie teas disposed to refer . such a tape Yt't 4I • s ' • • osslble to Nit, Pect suoterts to it that it was Imp cow_ . hav n ' I *" . ul could result from such a . l'e..l : l‘3e ' . he Eichequer had 4 ii i i ' s -td b Cl ' a "' lien of 1 whether he in t.,() t(1 in Yan Hon. Gentleman,,for regidati„g es"tit)li, Propos e a n y measure the . present 111.'111 ' ' ' e tik Paper in the course of this tl i ,:, 'lie kii4ht fj".S.irntlentan I ad r(Plied liit.:4lll.‘‘.'is a subject very fit to be re k ter , r i ed ia t s o t I,! h t ‘/llttet 'Th en lie had been as e . , 'qi ( l; 4 llie s i o . , I qIL Of t h e ' l, 1 relative to the .a b p a e l a a r r e tc d es w i a n s a tl T i l e ., le.„ . ' (If t i e !.). - 11 . )1, ; and this it p tn,,''l h, rite ` h an k which would i tae properly re to t 1 . N e Co Mmittee for which te. propose ddiffere nce tii ltl f ,.'ea t i,'`" it there were no essential , 11 -4: l : 4 4ti, t ' i t ,' , " , he would . cheerfully consent tha . t should graft his li e '', 1),, tit,4 of th e Exchequer ike.so te,,':)lll;iv,.t whi c h h e was about 1. , I r., 'x ~ ,i'llit!he obj ect of his motio t t ° r, i t i lat of_oh ''' - 11 1- '1 t • - 1 I . tinet answers to cer t'un,.ttio "(IntrY, ant 'is 1 1;, ,:` , lt tt "', he should be sat i sfie d . , ;1 ) ' i le l w ere ' a li3Ointed as the Chancello.r. its Nill,itt-ei.tr::: prop l Oseir that it should be ; it i t iiin„ t ',q i , It) b e extended' to so many ‘ . .a . tiotts l' " (ii e d o . i I n ot he likely to ga l a any Is eti 41 • "`e w 9 - ! • nce that the ler ii) '6ll It Je vv.old pledge hi, "isle , • - ti II; %lil prove nrect) bit 't loads u, Illet e:b i e f,ir c( "f „ Il It t , ) , ' ll of.a Report, f r on t which no ._ ( ; ; , e i, r ) i i - 1 1 4 " le t i ll be able to •forin a distinct ii lihiv'qat„,ol-'"ter, in question. l'hi s wo n ti l ltl ! be Itlii:ell, a aelei 'et of adopting his plano,btuaninees(sl: htiti:ll, it )??Ili'cr result ''''''e to ebteti.,tit [Jo han) 4 1 'ile q 1 : 41 bcen rionou red t to t r y for, 42n 1"...t lit!ttl4ll-1 was well disposed . March. • 18 0 1, for ilit'.......Tl:!Nbstitute March, - i „ 9 lie ft),! 11 4 ~I'. Perhaps, might be lattemptet , . Atria li' ' '' thtte- would be some of Mr. Craw -I,li'ttin:t)(i' about the Committee- Whatever (li i r is , tb;: ! ) ( ,, l ' e It l<ht lion. Gentleman might le a ve ilit,jie -", it the House did but stand by 11.,i,".04ti,:n"Y), fli,!, would s^. e the Chancellor of 4 71 "le '''' gke way. He mentioned this now 1 1 15 di ( ' wer e many new Members in the House, , di: 1 111 ,0) as ti() t know - the Right Honourable . Get i l i; 1 . . ' t he ' "le- Aletuhers of the old Parhame 4 4 ) 44 '4 iI Y 'night suppose that it they . on ‘ , o t t i e li t s l 141:14,411:e Chancellor of the Excheque r NI) tf 1 thi (Pustiou that be would resign. tr, t .at g. II- ' - -e begged of them not to be afraid 41):;''it. tt 'T . • ' ) b l'ii i )4 lti t , ivy decided for his (Mr. let ney s 'l , l4l , s eP " ' i t . )e , ) " . ""ltl pledge himself that they II P`" 't il' ` " i ght Hot) Gentlenian get up and i 4f l • Wit! • i i ilt. 11, 1 , 1 1 very good grace. They might 4 ' In 4 1 of IVellington's military skill, I} t 4l .. l 'ilti re k t _ i. at' tile Chancellor of tire Exchequer' (,\I;Nt of , a huudr e d to one. What had been 114'„jlit ~. an li unotrrable Friend of his ? He tt o . :' 111 'I t 'll) had Token of t h e b a l ances i n the t 'ilt ilu lt, o r " 11. 40 k tor y ears ; h e had been called t 1 4 tt:,vltle, obstinate, and lie knew not what, ti 4cl. the Ith-ht Hon 'Gentleman turned l tl411l ad ' 1 J t , ‘1,1) Inntec, what he Am. tl l , 41t tha t he had proposed was just, pod IliCt)reii man that would an it. Thus the Pr lin °I. of the Exchequer cleverly mounted 0 4 -ti n „ Iv ch ...rahle Friend's horse just as he ap th e t II" Q,. (lie winniug-post, and then came it th . }I R ki) ey g col, onrs exAlitning, " See what a I 1 , ,` , • ',lr a , Iti . ' 'The Right Honourable Gentle- Olttie,tt,i -rosed to renew the Property Tax. Re was utt , I, aft that propo,sition, and then in a short t 'it e r he came down to the House to tell ,9io bo r , , ~,,m,,, -11 iiad been grawed to the people, by t t 'oo c` i , them from Taxes to the amount of I ,t ti t . "iOOl. I . ... ' • • l i, i ii sin in tne saute spoil. he had defended 11t t, Div sine I n which at last he had been cou lilts t e '4). Last year he proposed certain lo e : ditiereut Nlembers of the Royal Family. t ,4 4,114 e refused, and the ItiOlt lion Gentle -I,,)Nilit his Colleages had no difficolty in redne -6.1 Proposed votes greatly below what had t 4144. 4ii'allY moved. Tliey would shape their 4 1 1141 i•v caec°r (iiiig to the spirit displayed by the i„ ,e1 11, ; atttl •I bus it ‘tis in the power of their ),!t1„1) 'Jo their dutv without any fear of fore lit.? ;I,ttut of their situations —two very neves : ,;(,11•:- 'ra.ttinis. in. that Howe. 'They w""id. ,;'',v;,l 'll,ltg short of a vote of censure and f,.'r k l it ' ,sdilier thi,n'givc it ) their places. Last 1,it,1''41% vC„lt'l",ce)litr of the 'Exchequer made his I . t , t e ilt p , l :, dgitinst an inquiry, now be would h ' 4 A tv 3t '' t c ) r if. li e (Nlr. Tietney) would er, believe that the House oil the pre. klent oceaSine, crat of crimpiinitnt to Lien, eo:fer the motion about (0 be sehmitted• to them to he altered, ie order to let in words that would rmake it less opt rative. He would not believe that they would act so rill he saw it. But then a question arose as to what Comatittee should be appointed —The Chancelior of the Exchequer propased a Secret Committee. He <Mr. Tierney) had no particular objection to a Secret Committee, but that if this were determined upon there would he a pretext for chooSing it by ballot, and to this he could never consent. There were Init two points on which secresy were necessary ; the amount of When in the Bauk, anti the amount of their dis counts. The accottrits given on both these sub jects, in 1797, were so furnished, that for any Thing connected with them the Committee might as well not have been a Secret Committee. If the Right Hon. Gentleman wished for a Com mittee to inquire into the affairs of the Bank of England, he had no - objection to it. He might have as much secresy as he.pleased, but then it would be proper to have two Committees. Be cause the affairs of the Bank might call tar some inquiry, he Would not consent to have the whole question on the resnmptiOu of wash payments re ferred to a Committee, to be - chosen by ballot. To this, he could never agree. - turd on this.ques lion, if it were pressed, be would take the sense of th e House; He was satisfitel that the best re solt.Would beObtained front confiding the inquiry to such a Committee as would ,obtain the most distinct and categorical answers to certain ques tions. If a proposition so fair were not acceded to, it fintSt be seen that Ministers opposed his, motion merely for the purpose of showing their power in the new Parliament. This its Memhers might be sure of, they never would have a finer opportunity of,shotving their attachment to Mi nisters. 'For the Right Hon. Gentleman and iris Colleagues, they could only resist the present mo tion, as they admitted that an enquiry was de sirable, to obtain a pitiful trittroph for one party aver the other —He concluded by moving, "That a Committee be appointed 'to enquire into the eh feet produced by the exchanges of foreign coun tries on the state of the eirculatiog medium, and also to enquire what inconveniences, if any, would result ,frritu the resumption of cash payments at the Bank, at the period now fixed *Ton by law." The CHANCELLOR of the EXCHE.QU . ER'reiIim ked, the language of the Right Hon, Gentleman was such as to prove that he had laid aside all idea of conciliation and unanimity, and begged the House to notice the course which he had thought it his duty to pursue. First of all, he (Mr. Tierney) had. begun by announcing motion for 'a Corn _mittee to inquire into the state of public credit, a Committee to which he himself saw such objec tions, that a few days after he had abandoned his design. But what had happened in the mean time ? WhY; lee (the Chancellor of the Exche quer) had given notice of the (notion which he had how to bring forward, and which, he would presently shove, called for an inquiry more exten sive and full - than that of tire Right Hon. Gentle man himself. This, however, instead of closing with the proposition, and adopting it, the Right Honourable Gentleman objected to ; and, as it appeared, from mere spirit o[-opposition, brought the present motion, which was less complete in its form, and less distinct in its operation, than that of which he had given notice. It was neces sary to compare time two motions; but as on the one great point they were egreed, he did not wish to extend the matter of contest between them, by going into those details to which the Right Hon. Gentleman had endeavoured to lead the attention of the House. On the charges which he pre ferred against that department to which he (the Chancellor of the Exchequer) had the honour to belong,. he would 'be happy tb meet bitn.My any occasion. He challenged him to make hiS assertions good. To what had been said of the imbecility of Ministers, Ire had to reply, he could show that since the peace more had been done to relieve the patine than bad ever been done within the same period after the couclusion of any former - peace. Up to Jan. 5, -1819, in three rars'after the termination of the war, taxes bad b ee n repealed which had relieved the public to the extent of 50,00.0,0001. within the period he had described. This relief he, however,. did not say he had thought could be safely afforded.— (Hear, hear,. hear !I—The. diminution of the Public Debt which bad been effected in the same thiTe years, he would undertake to prove, taking the horded and trufunded debt together, amount ed to trona 25 to 30,000,0001. of ✓ capital stock.— He would undertake to show, that_since the He. volution so great a reduction of the public debt had not been effected as had actuslly taken place within the last three years. These assertions !night appear extraordinary, but he called on those" who heard hint, if they had it in their power, to refute them. This was his answer to the charge of imbecility. The real, question be fore them to•night was this—" Is inquiry ne- cessary Now, as all parties were agree( that it was desirable, he should proceed to explain the course which Government had been disposed to take. It was u►idoubtedly true that he (the Chancellor of the Exchequer) had thought it might he irroper that a very short extension of the Bank Itesttiction Act should take place %t•iibout being . preceded by an inquiry. lie had thou ht so because since last Session cir- CuinstanceS so notorious and extraordinary had taken pla i ce as might justify a short extension of the Act till those extraordinary circumstances had passed by. He particularly alluded to the French Loan. This, though the Right Hot'. Gentleman did not view it in the same light, he held to be Of great importance in its effects on the circulat ing medium of this country. Having come to the conclusion that on these grounds a short ex- tension of the Bink Itemriiiiou Act would he justified, he had liven of opinion that the inkeinl e(l intioity might he posipone.d till another 34)11. He had thought it might then be entered anon with more advantage Cleat► at presen►, be- cause many it the circumstances arising out of the uans raised tor (he service (If other countries ti7onld then be done away with, Bin! a return ‘voidd be effected to that state which commerce %void(' naturally bring when not disturbed by the violent operations of the Governments of Foreign Nations. Not only in France 11841 a lonnbeen [aim!, but loans bad been obtained f . - , r Russia, Prnssia, . end.. the . Netherlands, and for Awe , Ilea, tire Banks of which were now strog- Ong Under the geeate'st difficulties. He. - had thought that it %roof(' be desirable tie ex tend the Bank Restriction Act,. on the grounds he had stated, to M..-trch, 1820. Subsequent lys a communication froth the Bank Directors made known their %visit, that an inquiry should precede the extension of the Act, to show the circumstances Which precluded them from return ing to cash payments. Under these circumstances, as inquiry seemed to be generally preferred, he had consented to it. Agreeing, then, with the Right Honourable GentieMin to his propositiOn for a general inquiry, he should ho - w nroceed to compare his meition with that of the Right flo=. noontide Gentleman. The latter, he she wed, was not so comprehensive as . his Ant, on the contrary, it excluded many subjects for inquiry which his embraced. The motion of the Right Honourable Gentleman went to inquite into the state of die exchanges in foreign countries and their 'operation on the .Bank of England, but into the affairs of the Bank of England it proposed no inquiry. The motion of the Right Hon. Gentleman was so in artificially, he might say so absurdly worded; that many subjects could not come nude: the conside ration of the Committee, which would be got at by-the motion which he intended to move as an anieoduteut to that now before the House. —A Committee appointed to inquire into the effect produced on our circulating medium might report-(whether it was "rue or false), that these had nothing, to do with the Bank Restricion Act. In various instances he showed the labours of such a Committee most he of no avail, and proved that the inquiry which he should move for would be in every respect more . efficient. Had he re fused to consent to the inquiry being so extended as the Right Honourable Gentkman might have desired, he could then understand Its objecting to it, and suggesting other topics wiOch it ought to embrace ; hut, in the present instance, where the Committee he %visited to be appointed was at:- Nally one that would have more comprehensive powers than brat which the Right Hon. Gentle man had moved for, he could only consider that that which had been offered was rejected in a spirit of opposition. He would now explain his own motion. It first went to inquire into the situation of the Bank—into its preparation for resuming cash payments—its connexion nitir Government—and it would extend to any crilla teral matter that might reasonably be supposed to affect the resumption of cash payments. In floe, it entered into every thing' connected with the subject, and therefore he submitted it Was,more 'complete in its term, and would comprehend va rious inquiries, which the motion of the Right Hon. (.4ntlentan did not. The Right Hon. Gentleman argued against the appointment of a Secret Committee. Every Committee that had as yet sat on the affairs of the Bank had been a Committee of Secresy- The Right Hon. Gentle man had pointed Out two branches of the in quiry on which the information obtained could not with propriety be submitted to any hut a Secret Committee ; but there were Various • others which, though they might 'be investigated for the public good iu the way he had retommend ed, cupid not without hazard be brought before an open Committee. The Committee he wi,hed to have appointed he proposed should report to the House on the practicability of cash payments he inn resumed at the Bank, at the time now fixed upon by law for their doing so, and further to report on such matte's as could be disclosed with out injury to the public, with their observations thereon. 13tit the Right Hon Gentleman would have two Committees. Now if this suggestion were acted on,, either they must be formed of the, same Members,, in which rase they would oirly nominally he two Committees, or formed of dif ferent Members, the great objects of the inquiry would be lost, unless the information, given be fore one Committee wet e communicated to the other. He then proceeded to show, that it was very desirable, whenever cash payments were re stinted, that this should take place while Parliament was sitting, to avert any evil that might result' from the sodden change, and to avoid creating that alarm which would be excited if Parliament were to he soddenly called together for that express purpose. To show that the object of the in quiry which he proposed, after all the differences between him and the Right Hon. Gentleman, was the same with that which he had in view, he would run over the heads of what the Committee. would have to do, • It would first have to inquire into the safety or danger of resuming cash 'Hy— ments on the first of July—it would then inquire what had hitherto retarded, and what would be likely to facilitate their resumption. They would likewise enter into the foreign causes w+•hich af- tected the circulation of this countly—into the effects of the Corn Bill, and the lin- portations of coin Which had taken place under it ; and also into the consequences of the large .investments of British capi tal in Foreign Funds. Other topics would be pressed on their attention, and from these it would be for the Comn►ittee to select those of greatest interest, and snake their &liberate report accordingly. Nothing would ❑tore fatili :ate such an inquiry than the conduct of lion. Niembers, who, discarding prejudices, came to judge from the facts, such as they should appear, without reference to the theories which they had previously, formed. Ile hoped the Right . Holt. Gentleman opposite would act such apart, and thinking . the inquiry he had pioposed would be highly beneficial to the country, he could not abandon his own idehs and those of his Col leagues, and should therefore move that all the Tatter part of the originJl motion be omitted ior the purpose of inserting these words—" To con- _ . sides. of the state of the Bank with reivreoce ,to the resumption of cash p:iyn►ents at the period al►l)ointed by law, and.to indnire ,into such 0 her (patters connected therewith, as ma y be disclosed without injury to the public interest." Sir W. Da CRESPIGNY thought it was high time_ chat the Legislature should, he made t►c- painted wits► the resources of the BauL For a ong time the Batik Directors had been in the habit of throwing dust into the eyes of the Le gislature, but not gold-dust, Autl inquiry was 110 W absolutely necessary, The Directors ought so cow; for warJ, and support a motion for in- 906 , , and th'e first that be:m submitted to the House-, it appeared to him, best merited its approbation. Mr F. LEwts said, it appeared this inquiry was to be conceded, because the Bank wished to prove that they were not prepared to resmne c.ish payments, even with the prolongation of time allowed to them by the existing law. For the Public Debt, he could not bee that it had heeit tlintinished,,,as they were now told, it bad belt), by the Chaneellwr of the EXchequer. - The Fi nance Committee had been linable to find this out. No subste.utiVe . payMeza had been Wade that he knew or. Lord CASTLEREAGH thought the question lay in so !tar- . row a compas:, that there could he no great difference of opinion on it. All woubi agree to the motion of tLe Right . Hon. Gen:lei - Ilan opposite, but that the inquiry proposed by . the Chancellor of the Exchequer seemed to be more exten- I sive, and, under all the circumstances, more suitable. He joined with his Right Hon. Friend in thinking, in the first instance, that no inquiry was necessary to precede the short 'extension of the Tank Restriction Act which it Was intended to propose, and he would state in the course of his ,Flppeclt why he had thought such inquiry could have been nitre ad vantageously entered upon in a future Session. Since last Session circumstances had occurred which would bind went (suppoing it to be the 'same Pgrliainent) if it acted consistently, to &it:ermine that the Bank Restriction. Act should not cease before March, 1820. He agreed to the proposed inquiry, because all seemed to thin!c this desirable, and teutli . ng• to bring the country towards that era of resbuied cash pa)ments to which he looked forward, as anxiously as any one could, impatient to W.. 11 :Ir6S an event so intimately connected with the general industry', the hap piness, and the credit of the country. Circumstances he thought fully justified the conduct of the Bank Directors. They, as honest men, bad said " the Bank can keep opett and pay in cash, if we only look to the interests Of the Bank, and turn a deaf ear to the wants of the country." The state of the exchanges made it the duty of Ministers to consider what measures were necessary, not for the protection of the Bank, but for the protection of the coun try. The Hun. Gentleman who had just sat down, had con sidered What was said last year when this question was be fore the [louse to bind the Government down to see cask payments resumed its the ensuing July. He would ask if what was then said ought to be held to pledge them to op. pose the public interest. It W.ts not intendCd to argue in favour of the Bank ; nor was it for the credit of his Right Hon. Friend (high as it stood in matters of finance) that he spoke ; he contended'hut for that which was demanded by the best interests of the country.—(Hear, hear !)—lf he sup posed that he supported the motion of his Right HON. Friend on any other grounds, the Right Hon:Gentleman did not do justice to his principles. The Bunk had not c!aitned the interference of Ministers in their behalf. Their language had been--" We can take care of ourselves; du you and Par liament take care of the country." It was agreed on all hands that an inquiry, the most comprehensive to which the abilities of that House were equal, should take place.— The Right honourable Gentleman had proposed a mode of conducting this inquiry, winch he might have expected to bear suggested by one less experienced than hint, but could never have looked for from that Right Hunourabld Gentleman. Were two Committees appointed,' as he would recommend, one of them would necessarily be occupied is examining and giving opinions on subjects which Could not be understuod wit bout a reference to the information laid before the other. '1 he Right Hun. Gentlemati objected to a Com mittee of Secrecy. He contended that it was due to the Bank , •that they should guard egaio s t partial st a t emen t s ge tti ng to the public, on matters bieh they could not examine at all without doing theft some violence, which could only be justi fied by the consideration that it was demanded by the public good. The Right Hon. Gentleman could not deny that sel cresy was desirable, but this-only brought him into the ei lemma in which be had been with his two Committees. If he thought the Secret Committee would not, in the largest sense of the word, inquire most fully into all the circumstances con nected with the. great question under consideration, he would assure'the Right Honourable Gentleman that it should not on aity account have his rote. They agreed on the subject of the inquiry, but then it was objected that the Com mittee was to be appointed by ballot. This was the last iea the Right Honourable Gentleman had to stand upon. When. the Chancellor of the•Exclkequer agreed to the inquiry, anti consented to a Committee, then the Right lion. Gentleman, who ls:as as good at a retreat as any one he knew, took up his last defensive position, and , objected to the ballot. Those who were in the last Parliament had heard this question argued before, and an answer had been given to the objections of the Right Hon. Gent, to a ballot by an Hon. Member who did not always rote with Ministers—he meant the Member for Bram ber, which he thought the Right Hon. Gent. won'd not wish to hear repeated. He had also read the speech of an other Honourable Gentleman, made in 1;97, to protect him self from the same calumnious insinuations that were now common, which he considered an answer to all such objec tions as they were in the habit of hearing on occasions like the present. He never hoped to get into a Committee with out some difference with the Right Hon. Gentleman, but when they got into it (if he and the Right Honourable Gentleman shouldae Members of it), he hoped they should do better, and conse out of it with a better. opiriion of melt, other, and with a better opinion of such Committees on the part of the Right Honourable Gentleman. He would defy the Right Hon. Gentleman to put his finger on the Report of any Secret CoMmittee in the last. Parliament, with which the majority of those who usually voted with him (Mr. Tier ney) had not concurred. He hoped on this Committee the Right Hon. Gentleman would not do as he had done on the Finance Committee, when, because he could not prevail in. carrying a :notion on one partieu!ar occasion, when all who usually voted with hint were against hirn,, he left the Cow- :attire altogether. He hoped on this occasion that he would not turn tail on the second day of the Committees but trustvd. , he would go through witli' the inquiry.- The subject, was so immensely importa:it that he could not sit down. If asked to name that question respecting which one false step would. prove most injurious to the interests of mankind, this woulkt be that which he should narn. It was not as it affected the flank; the Bank was but a Hy on the wheel ; but as it af- fected the iminstry, peace, apt! happiness of . I\l..tions. Nothing could be more fatal to the interet , t of a country than a paper system, which carried the priory of a coßntry fonyartis, and produced all those phenomena which were known to result from a forced circulation of payee with which it had often been attempt ell to confound the BAnic paper of this country, which he contended had never been forcecl iuto circ;►lati%an. The Iti;;Ilt ilunourt4hte Gegalrunn