The Sun. — London, England, 1825-06-08 00:00:00

Tll E. LONDON. JOUItNALS. 'DAILY g,xtruct9from the Morning Papers, June 8, 1825. NEW TIM es.] We rejoice to announce that the second read. ing , the' Fartoes A.ents',-Bill was last nighrcarried in the Ho - use - of Lords nem. con,- The-strOtion to that effect was prefaced by a lu- TrtisiO:us speech from Lord Liverpool, which anti- Cipited and answered every objection that might have-been made -to the measure. His Lordship -plaCts4d the subject on the plain ground of natural equity, aS• applicable to the existing state of com merce. A large part of this trade, as well as of othir countries, is necessarily transacted through the medium of factors or agents,whom it is often impossible to distinguish from real owners; or if they are known not to be such, still the extent of their agency power is unknown : they may have-authority to sell, or they may'hot..,,lf an individual deals with them bona fide in the com mon course of trade; advancing his money to them, on the security of property, or the symbols of property, it seems hard that he should not be protected. It may be, that a loss must fall some where; It is to fall on the original owner, who might have chosen an honest factor, and then would have been safe? Or is it to fall on the third party, who had nothing to do with the choice and appointment of the factor, and per haps.did not even know him to be such ? 'ln is the loss, under such circumstances, to fall on the principal, or on the Pledgee? We cannot conceive that there can be a moment's doubt on this point. It is indisputably clear, that on the grounds of natural equity, the former mdst be the sufferer.—We alluded yesterdy to the- fact; -Which was mentioned yesterday by Lord Liverpool, that the opinions of some of the Judges were adverse to the Pledgee ; but, even among legal opinions, there are many of the high est rank which coincide with the proposed Bill. Lord'Chief Justice Gibbs, one of the greatest Lawyers that ever existed, declared that the • rule of making the Pledgee liable, was an ano maly- in our law. Lord Kenyon, in 1794, en deavoured to qualify the principle,and nonsuited a Plaintiff, who demanded his goods from a Pledgee, without tendering at least what he him self was indebted to the Factor. Lord Eldon, when Chief Justice of the Common Pleas, de .cided in the case of Pulteney v. Kymer, that the Plaintiff could not take the goods out of the hands of the Defendants without tendering to them the whole amount of the advances and ac ceptances given. Lord Ellenborough, in Martini v. Coles, regretted the rule established . by a se. ries of decisions since 1742, (but unknown till that time) adverse to the Pledgee ; and said, " perhaps it would have been as well, if it had been originally decided, that, where it was equi vocal, whether a person was authorised to act as principal or factor, a pledge made by such a person, free from any circumstances of fraud, was 'valid ;" and, in the same case, the late Mr. Justice Le Blanc intimated a doubt," whether it Might not originally have better answered the purposes_.of commerce to have considered a per son, having the apparent symbol of property, as the true owner, in respect of that person who deals with him under an ignorance of his real character." Such being the weight of legal au thority, -in favour of the principle of Lord Liver pool's Bill, arid that Bill beingsne which is loud- ITcalled for by the mercantile interest,and which will tend to assimilate our commercial legisla tion with that of all .the other civilized nations a Europe, we cannot be surprised that the se cond reading passed the House of Lords with .oat a singe dissentient voice. [BR !TIM PRESS.] An important Bill was last night brought in by Mr, Secretary Peel, -to prevent the practice of suing out frivolous Writs of Error. This was slated by the Right Honourable Secretary to be aue of the first fruits of the intended improve. 'meets growing out of the increase of the .salary of the Judges. No greater evil has existed in the administration of the law than, the delay gained - bar - vexatious suitors in consequence of obtaining these Writs. It appears that in three years— .lfl.l7, 1818, and 1819, the number of them sued out in the Court of King's Bench alone, in cases herein judgment had been givun, amounted to `1 4 197. In 158 of these cases no further .pro cofdings were taken beyond the attainment of the Writ ; in 702 cases the judgment was affirm ed ; in 336 the proceedings were abandoned by the party applying; and, out of the whole, there wgte.butmine cases in which.the Writs had been sue 4 ,out to ans.valid purpose, and only one. in which the judgment was set aside. The. Bill to correct this evil will require the appellant,.in fu tare, to sue out his Writ.of Error at his own pe ril, and give bail to prosecute the suit. This -is one of the most valuable amendments of 'the Jaw that has at any time been introduced intoParlia- meat. We congratulate the country on the sub stantial benefits it will receive from this measure, and also on the disposition thus' further evinced !4n.the part of his Majesty's Ministers, to carrp jig° effect every practicable and desirable ini-1 l agovw-pent which- circumstances may admit or! miquire.—Mr. Sykes's motion for the Repeal of the- Duties -on Candles and .Soft Soap, and the .Reduction of the Duty on Hard Soap to one half . AaLitif Present- amouUt, was negatived without ••.cdivision: The arguments, such as they .were,' Vitt were urged by Ike' Tilin.,Member, were ably, and satisfactorily refuted by the Chancellor of the Exchequer, in a- ,witt,,and cogent speech: J [THE TI M ES.] By - the Prince Regent, arrived at; Deal,. letters and papers from Calcutta to the .19th of Febru .ry were .received . •. yesterday. The papers add .little of importance to .the inteili4ence previousky .reiteivel4r,and the letters' are-filled with gloomy 4/nrmp4ttings with respectrto the war with the „.13usmese. AnOther,caMpaign at least was con eretliinevitable; it being scarcely possible for erenerulAlorrison's.division to get beyond Ar rcan on account of - the lateness' of 'the season, nor was it at all likely that the Rangoon army weld make any material advance. The press of Calcutta is charged in the letter with lending' its assistance to a system of misrepresentation, in which the official dispatches participate, on the events of the war, in which it is evident, from the positions of the different divisions of the invading force, that no real progress has been made. Of course the letters from the merchants, who are so deeply interested in the issue of the invasion . , are loud in their complaints of the ad ministration of Lord Amherst. India could not have worn the appearance of greater peace and stability than it did on his Lordship's taking the helm of its affairs, and it may be many years, owing to this fatal error, before the country can be brought back to the same tranquil state. [MORNING POST.] We have received Letters and Papers from Demerara to the 12th of April, the former of which contain the Proclamation of Sir B. D'Ur ban, fixing the rate of the taxation of that Colony for 1825. The Poll Tax on each slave, whether infants or adults, is fixed at four guilders, except on persons either proprietors, renters, or occu piers of any plantation cultivating Sugar, Rum, Molasses, Coffee; or Cotton, and all others who pay the Income Tax derived from the labour of those Slaves. The Income Tax of 1824 is con tinned, and the duty on Wine is fixed at 66 guil ders per pipe of one hundred and ten gallons if in wood, or two guilders per dozen if in bottle, with the exception of,Port Wine, which remains at one guilder per dozen. The duty on Spirits is fixed at one guilder per gallon, and a draw back of fifty guilders is allowed per pipe on all wine exported-from the Colony, which has first paid the import duty. All transient traders not residing in the Colony, arriving after the 17th March last, with goods or merchandize of any description, were subject to a Colonial tax of five per cent. ad valorem on the same, but this duty was not to extend to the cargoes from the United States, which were already liable to very heavy duties, nor to vessels arriving from the Co lonies of British North America which are exempt from the tax. Various other taxes on local productions, carriages and horses,&c., are declared in the same proclamation. A second proclamation, of March 15, states, that the Lieutenant-Gover nor had determined to levy the capitation tax for 1823, at the rate of three guilders ten stivers, re spectively, for each working male or female slave above twelve years of age, and one guilder for all children, from three to twelve years. House slaves are taxed at a higher rate; all persons possessing three or mare, being assessed at six guilders each ; those possessing four, ten guil ders ; five, fifteen guilders; six, twenty guilders; seven, twenty-five guilders: eight, thirty guil ders ; and nine and upwards, forty guilders.— From this increased rate of head money, all Planters residing on their estates are exempted. The Lieutenant-Governor, to the number of 20 slaves, and all persons in the public employ, to the number of four slaves, are likewise ex empted. [MORNING CHRONICLE.] The motion of Sir Francis Burdett for the pro-, duction of the evidence taken under the Chan cery Commission was flatly refused. It is to be given when Parliament meets again; though there seems no good reason why it should not be put into circulation without delay. The general feel. ing among the Lawyers of the House is, that the Lord Chancellor himself has added much to the evils of the system, by his tardines in judging. We cannot, however, enter into this debate at present. Mr. Littleton has entitled himself to the thanks of the country, for having fairly set about remedying the crying evil of Committees on Private Bills. Ile moved last night for a Select Committee, to consider the constitution of these Committees ; and it was his intention, he said, to submit to the attention of the House a measure, which he thought would place the private busi ness on a footing favourable to the character of the House itself, and advantageous to the inte rests of the country. We can conceive no objec tion to any measure calculated to meet this evil, for we are sure the Power which Members now possess, must often subject them to very unplea sant alternatives. The country, from one end to the other, is loud against the abuses in the Com mittees, and the system could not possibly be con tinued.—(Thid.) tMORNIND .HERAI.D.3 Some of the Newspapers give reasons for the non-fulfilment of Mons. de Villele's expectations respecting the conversation of the French 5 per cents into 44 and 3 per cents. We have observed several letters from Paris attributing the failure to a variety of causes. That, however, which appears to us to be the cause, is the great fall in bur own funds, and the yet further fall expected in them, or, at all events, there being no opinion entertained that they will rise. Our funds have been down lately to 89. Now is- there an English holder of. French Rentes that would agree to con vert his Rentes into 3 per cent, stock at the rate 0f75, when he could go into his• own funds at 89; or when he could go into:the English 31 per .cents..at the price of 97 or 98 ? - This .is one rea son, and probably a principal one, why the French Ministry have not been able to carry through their scheme—for 'we should - think 'that - a very large part of the French Rentes are held by En glish people. As to the French holdersiit is said that `in general it is not their interest to - agree to the Mi nister's acheine,beoltu.se,interest is higheilhan 5 per -cent. in France. • It is but a-short time since that rthe French live:per cents. were under 50, and then every body was frightened lest the should -fall still lower.• But money, or medium, :what •ever'it may be called, .has -altered lately- in a most- extraordinary degree; and-it would appear •that our funds fall in- proportion to the scarcity .of that which goes under the name of. :ma_ nil , . All things appetrr to have their limits:— Gold may become too dear in comnarisen with other things, and then-it-falls. We remember when guineas were thirty shillings, and-then-most people kept them, and would :not sill• them ; but the tide turned, and !Tian?' who would , not sell their guineas - for 30s. tank them tO-theqold smith's, and sold them as light weight, and did not get 2,15. But money does not appear to be scarce in England and France alone ; the scar city has even reached the United States, as our readers would perceive by an article from Bos ton, which we inserted yesterday. The Ex changes also between the United States and England are falling. rTHE PUBLIC LEDGER.] We learn from the New York Papers, which have readied us to the Bth ult. that, according to the last advices from Peru, the whole of that country, including the Upper Province, had de clared for the independent side. These advices are dated Lima, Jan. 29, and refer to a dispatch from Gen. Sucre, the hero of Ayacucho, in which the latter, ,announces the unqualified submis sion of. General Olaneta. The single fort of Callao still displayed the royalist flag; but, that it has been torn down long before this, is extremely probable. It is downright obstinacy in General Lodil to attempt to defend the place; and he should therefore be only considered and treated as a military desperado. His single arm and head, or the efforts of any other individual, cannot restore the fortunes of Spain in that part of the world ; and as he is guilty of a useless effusion of blood,-no doubt he will be rendered responsible for it. Were the cause he supports as good as it is notoriously .bad, his conduct would be equally indefensible. Thank Heaven ! that cause is now as desperate as it. is bad ; and the reptiles of a foreign Court will never again fatten at the expence of millions of Americans. Whatever the latter sow, they will hence forth reap ; and they may enjoy in perfect se curity the fruits of their industry. LIST OF THE MAJORITY AND MINORITY Against the Grant of 6,0001. to the Duke of Cumberland.— June 6. MAJORITY. Abercromby,Hn. G Fremantle, Rt.Hn. Nicholl, Rt. Hon. A'Court, E. H. W. Sir J. Ashburnham, Hon. Fleming, J. O'Grady, Standish P. Fox, G. Lane Ommanney, Sir F. Beresford, M. Grant, Rt. Hon. C. Onslow, Serjeant Berestord, Lord G. Grant, A. Oxmantown, Lord Browne, J. Graves, Lord Paget, Hon. B. Brudenell, Lord Graham, Marq. Palk, Sir L. Brogden, J. Gilbert, D. G. Palmer, Robert Berresford, Sir J. Goulburn,Rtflnfl. Peel, Rt. Hon. R. Bentinck, Lord F. Hardinge, Sir H. Peel, W. Brydges, Sir J. Hulse, Sir C. Percy, Hon. NV. H. Binning, Lord Holmes, W. Phillimore, J. Bourne, Rt. Hon. Hodson; J. Phipps, Hon. E. W. S. Hill, Rt. Hn. Sir G. Plumer, John Buchanan, John Huskisson,Rt Hon. Porcher, H. Buxton, J. W. Pollen, Sir John Blair, S. Herries, J. C. Ryder, Rt. Hon. R. Bankes, Henry Holford, G. P. Ross, C. Burgh, Sir U. Hope, Sir W. Robinson,RtHn.F. Bonham, H. Hart, 0. V. Rice, Hon. G. euffe, J. Horton, R. W. Rose, Sir G. Canning, Rt.Hn.G. Hudson, H. Rae, Rt. Hn. SirW. Cockburn, Sir G. Jolliffe, H. Sotheron, F. Courtenay, T. P. Innes, Sir H. Shifter, Sir G. Courtenay, W. Inglis, Sir R. Somerset, Lord G. Congreve, Sir W. Irving, John Somerset, Lord E. Campbell, A. Kingsborough, Ld Stuart, Hon. J. Cooper, R. B. Knox, Hon. T. Trench, F. W. Cooper, Colonel Leader, W. Thompson, J. L. Chichester, Sir A. Legge, Hon. H. Tindall, N. C. Cast, Colon el Lewis, T. F. Townshend, Hn. H . Collett, E. J. Lindsay, Hon. H. Trant, NV. H. Coote, Sir C. Lindsay, James Thynne, Lord J. Clements, Hon. J. Littleton, G. Ure, M. Curteis, E. J. Lockhart, J. J. Vivian, Sir R. Croker, J. 'W. Long, RtHn.SirC. Worcester, Marg. of Calvert, J. Lovaine, Lord 'Wynn, Right Hon. Copley, Sir J. S. Lowther, Vise. C. W. Clark, Hon. C. B. Lushington, S. R. Wellesley, R. Dalrymple, A. Lygon, Hon. H. Warren, C. Dawkins, H. M'Naghten, E. A. Wall, C. B. Divett, J. Manners, Lord C. Wigram, W. Dundas,Rt.Hn.W. Man:.ers, Lord R. Wilson, T. Dunlop, J. Manning, W. Warrender, Sir G. Douglas, J. Mansfield, J. Wetherell, Sir C. Douglas, W. K. Marjoribanks,SirJ. Wodehouse, Ed. Drummond, H. Martin, Sir T. B. East, Sir H. Maxwell, 13. TELLERS. Farquhar, Sir R. Mountcharleg, Earl Clerk, Sir G. Farquhar, J. Musgrave, Sir P. Palmerston, Visc. Forbes, Sir C. Murray, Sir G. MINORITY. Abercromby,Hn.J. Fitiroy, Lord J. Palmer:, C. F. Acland, Sir T. D. Foley, J. 11. H. Phillips, G. Allen, J. H. Frankland, R. Phillips, G. H. Baring, A. Gaskell, Beni. Pelham, J. C. Bernal, R. Glenarchy, Visc. Poyntz, W. S. Birch, J. Grant, J. P. Parnell, Sir H. Brougham, Henry Grattan, J. Pryse, P. Burdett, Sir F. Griffith, J. W. Pym, F. Benett, J. Guise, Sir W. Rice, T. S. Blake, Sir F. Gordon, R. Robarts, A. W. Buxton, T. F. Hamilton, Lord A. Rowley, Sir W. Bright, H. Heron, Sir R. Rumbold, C. Bernard, T. Hobhouse, J. C. Bickford, W. Chetwynd, G. Hume, J. Sumner, G. H. Corbett, Panton Hurst, R. Scarlett, J. Calcraft, J. James, W. Scott, J. Calcraft, J. H. Johnstone, Col. Sefton, Earl of Calvert, C. lngilby, Sir W. Smith, S. Chaloner, Robert, King, .Hon. H. Smith, Hon. R. Coffin, Sir I. Knatehbull, Sir E. Smith, W. Coke, T. W. Knight, Robert Sykes, 1). Coke, T. W. jun. Lester, B. L. Tremayne, J. 11. Colborne, N. R. Lamb, Hon. G. Tavistock, Marq. Creevey, T. Leycester, Ralph Tierney, Rt. Hn.G. Crompton, S. Lloyd, Sir E. Townshend, Ld. C. Davenport, D. Lushington, S. Tennyson, C. Drake, W. T. Langston, J. H. Whitmore, T. Drake, T. T. Mahon, Hon. S. Western, C. C. Davies, T. Macdonald, J. Wharton, J. Denison, W. J. Marjoribanks, S. Whitbread, S. C. Denman, T. Martin, J. Williams, J. Dundas, Charles Maule, Hon.W. R. Williams, W. Dundas, Hon. T. Maxwell, J. Williams, Sir R. Ellison, C. Monck, J. B. Wrottesley, Sir J. Evans, William Mostyn, Sir T. Wood, Alderman Ebrington ' Visct. Newman, R. W. Ellice, Ed. Normanby. Visc. TELLERS. Fane, John Ord, Wm.. Duncannon, Visct. , Fergusson, Sir R. Osborne, Lord F. Sebright, Sir J. MAJORITY Who voted for the Saconcile;dltli.of the St. Olave (Hart street) Tithes Bill. . Buxton, T. F. Gaskell, Ben. Phillips, G.:R. Brougham, Henry Gilbert, D. Pelham, J. C. Baring, A. Grenfell, Pascoe Parnell, Sir H. Baring, H. Gordon, - Plummer, John Bridges, G. .Hume. J. .Robinson,. Sir Geo. Curtets,E. J. James, W. Rice, T. S. Crompton, S. "King, Hon. H. Robarts, A. W. Coke, T. W. jun. Kemp, T. R. Scott, James Campbell, A. Leader, W. Sefton, Earl of Colborne, N. R. Lamb, Hon. G. Smith, Hon. R. Chaloner, R. Moberly, J. Thompsim, Ald. Calcraft, J. H. 'Moberly, W. L. Williams, J. Calvert, C. 'Macdonald, J. Whitbread, S. C. I Creevey, Thos. 'Maule, Hon. MV. Wall, B. . Denison, W. J. • •Martin, .J. Wil e son• .T homas , Denman, T. Newport, Sir J. Wilson, ,Sir. R., Forbes, Sir C. Nugent, 'Lord - ' - TEtLERS. Fergusson, Sir R. NOrmanby, Visc. Gaicraft, J. 1 Griffiths, J. W. Ord, W. Smith, W. MINORITY' On Mr. Hume's Motion for the Production:of Copies of the Appointm= of the Rev. Mr. Bryce, a Presbyterian Cler gyman,.,aiarChaplain to. the East India Company acCal. cutta, to the Office of Clerk to the Committee of Stationary • in.Rengal. . Allen, J. A. Lushington, ])r. illenett, , •, Mettle, Hon. W. Bright, Hprylc, M. Brotighant, - H. - "Miran; 'J. - rn4rde4._ Sir , m a glpnala,. Jas. Thomas ramer, C. T. ;; • .Palmer,. P. Grant, J. P. ..RiCkfortr, Hurst, R. Sykes, D. James, W. Smith, Abel Tulk, C. A. :frant, W. H. Wrottesley, Sir J. 'Western, C.C. Wood, M. .- TELTARS. Hume, 'JOieph Monck, J. B. lIOUSE OF LORDS, TUESDAY, JUNE 7. COUNTY •COURTS' BILL, The Duke of RUTLAND presented a petition from an in dividual of the county of Leicester, praying for compensation in the event of the County Courts' Bill passing into a Law. Laid on the table. A similar petition was presented from the town and neigh bourhood of Falmouth, from Penzance and St. Austin's, in the county of Cornwall, by the Earl of FALMOUTH. A petition to the same effect was presented by Lord DACRE, from the town of Bishops Stortford, in the county of Hereford. Laid On the table. • Mr. BROODEN•, Sir G. 1-11t.r.., and other Members of the House of Commons, brought up the General Warehousing Bill, the Colonial Postage Bill, the Scotch Prisoners' Ali ment Bill, and several Private Bills, which were read a first time. The Van Dieman's Land Judges' Bill was read a third time and passed. The Irish Joint-Stock Company Bill was also read a third time and passed. GENERAL WAREHOUSING BILL. On the motion of the Earl of LIVERPOOL, the General Warehousing Bill was read a first time, and ordered to be printed and read a second time this day se'nnight. LAW OF MERCHANTS AND FACTORS. The Earl of LIVERPOOL in rising to move the second reading of the Bill for amending the law of Merchant and Factor, directed their Lordships' attention to the petition which he had presented from the Merchants of London some time since upon this subject. That petition was signed, he would not say by all the most respectable merchants of this great Metropolis, but certainly by more than half of them—by East India and West India Merchants—by Spanish and Portu guese Merchants—by Russian, German, Dutch—and, in fact, by Merchants trading with all nations. • Never had more unanimity been shewn than on this occasion. The subject, he confessed, was somewhat abstruse in its nature, he would endeavour, however, to state the - general grounds on which the proposed alteration in the law were grounded. In the present state of the trade of this country, it was not wonderful that circumstances should arise which had not taken place or attracted attention at an earlier period. He should not call upon their Lordships, however, to consent to a mea sure which was not founded upon those principles of , equity which ought to govern all commercial transactions. If the question related merely to Principal and Factor it would be one of no difficulty as there was no doubt that the Factor, ought to abide by the directions of his Principal. But the system was grown far more complicated, in consequence of, the extent of our trade, and of the distance at which it was carried on. This rendered consignments necessary, and the Principal was obliged to confide books to the Factor; to leave him to judge of the time anti circumstances under which the merchandize ought to be brought to market, and if neither time nor circumstances permitted, a favourable sale, to authorise him to raise money on the goods de posited in his hands, in order to carry the objects of his em ployer into effect. There was no doubt that in all these things the factor was bound strictly to obey the directions which lie received from his Principal ; but then there came in a third' Party. The Factor sold to, or raised money from another in dividual on the goods in his hands, and the question was whe ther that individual knew what the Factor was—whether Prin cipal, _Factor, the Owner, or the Consignee of goods, with limit ed or with unlimited powers ? All he could possibly know was the existence of the goods on the security of which the money was to be raised. Supposing then that a fraud were com mitted, or that without fraud a bankruptcy took place, on whom ought the loss to fall, on the Principal, or on the Pledgee, who had bought or advanced money on socurity which he had no possible reason to doubt? The rule laid down of late years had been, that if the Factor had only au thority to sell, be could not pledge the goods, and that the Pledgee must consequently suffer. But this doctrine was con trary to natural equity, to the highest authorities, and to the practice of every other nation in the world t:xcept the United States of America. It . was contrary to natural equity, be cause assuming that there was no fraud, the Pledgee had no means whatever of knowing more than that the goods -were in the possession of the individual to whom he advanced the mo ney. There was therefore no act of confidence on his part. But the principle appointed his own agent: he might qua lify his powers, direct and restrain him. He -could judge of his character, and thought he might have defrauded, yet he possessed more authority over his Agent than. the Pledgee. Therefore on every principle of natural equity, if there was no fraud, the loss ought to fall on the Principal. He knew that this involved the complicated questioauLposseision and title, but it would be impossible that trade;sheuldgo on if It were not admitted that possession was title. — let not their Lordships imagine that this was not a question of great portance, they might judge of it that the fact that the peti tioners represented all the great commercial interests of this country. For two thirds of the whole of our foreign trade was carried on through consignments to Factors. The pre sent.. measure was not only founded on sound principles of natural equity, but on analogy. For if any individual con signed .Exchequer Bills to a Banker, and the Banker dis posed of them to a third person, he, the Pledgee, according., to the existing law, hada right to the property. This was con-1 formable to what was now proposed, and he did not see why the same security should not be given to 'commercial deal ings, which it had been found indispensable to give to Bills of ixchange. It might be asked, why the law had not been altered before ? All .he could say was that the system had grown up gradually. The first decision on the subject had taken place in 1742, and it was on that decision that the present law was established. But it .was belieied that there had been some inaccuracy in the Report. Lord Chief Justice Gibbs had said on the • . subject, .that the rule had grown up from circumstances which lie could not well explain, and that in his opinion it was at variance with the best interests of trade, and ought not to be maintained. The decisions which had since occurred were not very numerous, and had taken place in ignorance - of what the law really was.— Lord Ellenborough and others had decided on precedents and decided justly, and the practice had gone on as if the law had been what it was proposed by the present measure to make it. The Noble Earl then read various opinions expressed by Lord Ellenhorough and Judge Le Blanc, to shew what they conceived the law ought to be. As it stood, at present, he had already observed, it was contrary to the law of every nation except that of the United States. .For all nations held, that where no fraud had been committed -the pledgee who had ad vanced money on the sight and faith .of the goods was to have them to repay himself, and the loss was to fall on the principal. Nay, this was the law of Scotland,and the : present practice was confined to. England and the United States shone. But even in those States, the subject had been taken up 'by Congress in its last Session with the view of making the changes which he now Proposed. Whether the Bill were made to rest on natural equity, on analogy, on commercial feeling, or on what was the state of the law in other countries, there were, therefore, ample grounds to support it. Having explained the general nature and principles of the measure, which - he was convinced would prove highly beneficial to the commercial world, it would. be for the Committee to examine whether the clauses were entitled to their Approbation. The Noble Earl concluded by moving, that the Ball be read a second time. The Bill was then read a second time, and ordered to be com mitted next-Friday. CANADIAN CORN BILL. The Report of the Committee on the Canadian Corn-Bill, was brought up,-and ordered to -be taken into further considera tion, with the amendments, on Tuesday next. The House•wont.into a Committee on the Police Magistrates' Bill, and the Report was.received. CAT BMA:. CLAIMS. • Lord GOSFORD presented a petition from-the Noblemen, Gentry, and Freeholders, of various religious persuasions ' of The county ()Mayan, in favour of the claims of .the Roman Ca. tholics.—Laid on the table. _EQUITABLE LOAN BILL. _ _ Tlie Earl of LAUDERDALE pre;entediaTetition from the' merchants, tradesmen, and other inhabitants - of the Borough and town of Liverpool, against the Eqt*able Loan Bill.—Laid on the.table. Lord DACR•E presented a petition in favour of the Equitable Loan Bill, from the necessitous householders and inhabitants of the Parishes Of St.'Mary, Whitechapel, and St. Mary, Botolph, —Laid on the table. On the - motion of Lord DAME, Counsel were called to .the Bar to -befurther heard in argument on the Equitable Loan Bill. Mr. Harrison was heard in continuation, and contended that the 'Bill was a 'measure Of great-public advantage. Mr. Adam followed on the same side,•and urged upon their Lordships the necessity Of hearing evidence to prove the utility of the measure. • On the conclusion•of •the argument, the. House decided that the evidershe cottlillnot, be received. After some cOnversation it was se . ttled_••that the •Council for the Company should, to•rnorrow at five o'clock, prove their deed.—Thu House the.L adjourned at limx-rAsT THE ARMY. The Coldstream Guards were inspected in Brigade yesterday in Hyde Park, by their Colonel, his Royal Highness the Duke of Cambridge, attended by his Staff. The Brigade received his Royal Highness with a general salute. The Brigade after wards wheeled back from the line into open column, and marched past in a slow and quick time, and at quarter distance. Major-General Woodford, who gave the word of command, then manoeuvred the Brigade, and put the battalions through a variety of evolutions and movements, which they executed with celerity and precision. Her Royal Highness the Duchess of Cambridge and suite appeared on the ground and seemed highly gratified by this imposing spectacle. There was a great assem blage of beauty and fashion, and several General and other Officers, on the ground. The Brigade fired 20 rounds of blank cartridge. Yesterday the Ist Regiment of Life Guards, under the com mand of the Earl of Uxbridge, left their barracks at Knights bridge, and proceeded to Wormwood Scrubs, where they had their last grand field-day, previous to the annual review, which is shortly to take place ; the evolutions and charges of this tine I body of men, particularly the charge in line, were the admira tion of all the military men on the ground- the latter for its velocity and precision. The finencsi of the day attracted-a nu merous assemblage. The regiment returned to their barracks at half-past one o'clock, headed by their splendid band, who. played some fine airs during their march. [FROM LAST NIGHT'S GAZETTE.] War Office, June 7, 1825. The undermentioned Officers to be appointed Aideg.de. , Camp to his Majesty, with the rank of Colonel in the Army, from the 27th May, 1825 : Lieutenant-Colonel Leonard Greenwell, of the 45th Foot ; Robert Henry Dick, of the 42d Foot; Neill Douglas, of the 76th Foot ; Henry Wyndham, of the 10th Light Dragoons. Commissions in the 2d Regiment of Royal Tower Hamlets' ilitia. Major Thomas Hawker to be Lieutenant-Colonel, vice Jack son, deceased ; Archibald Bennett Thomas to he Ensign, vice Hudson, promoted ; Thomas Slapp Leacock to be Ensign, vice' William Henry Leacock, resigned. Commissions in the Royal Western Regiment of 111iddlese3G Militia. Charles Francis Julian Duren, Esq. to be Captain ; Robed Harvey, Esq. to he ditto ; Francis Miles, Esq. to be ditto ;" Quartermaster John Douglas to be Lieutenant, by Brevet William Wheatley, Gent. to be Ensign. Front the LONDON GAZETTE of June 7. BA NK RUPCY ENLARGED. T. Lloyd, Grove, Shropshire, timber-merchant, from June 11 to July 14. BANKRUPTS. J. Miles, Old-street-road, oil and colourman, to surrender June 11, 13, July 19, at the Bankrupts' Court, Basinghall street. Solicitors, Messrs. Pownall and Papps, Old Jewry. J. Goldscheider, London-wall, merchant, June 18, 25, j t tlf 19, at the Bankrupts' Court, Basinghall-street. Solicitor, Mr , Wright, Little Alie-street, Goodman's-fields. DIVIDENDS. June 28, W. Johnson, Grange, Bermondsey, tanner—.Tuna' 28, 0. Newcomb, Holles-street, St. Pdary-le-bone, upholsterer —June 25, M. G. Neise, Parliament-street, Westminster, sc coutrement-maker—June 28, J. Dauncey, Conley-hills, Glou , . cestershirc, woollen-manufacturer—July 2, W. J. Worthing ton, Lower Thames-street, wine and spirit-dealer—July 6, S. Rawlinson, Manchester, merchant—June '29, J. Barlow, Shef field, manufacturer of razors—June 28, T. Dobson and 0. Thompson, Darlington, Durham, mercers—June '2B, J. and W. Lush, High Holborn, distillers—July 7, E. Todd, Chort ton,- Lancashire, cotton-spinner—June 30, W. Rowe,. Ply' mouth, jeweller--June 28, J. H. Stracey, Berners-street. banker—July 26, C. Croxford, jun., her, Buckinghamshire. collar-maker—June 21, R., G., an J. R. Wise, and E. Mate thews, Wood -street, merchants. CERTIFICATES, JUNE 28. W. Davy, Webber-street, Surrey, carpenter—E. J. Ma' lough, Belvedere-place, Walworth, merchant—J.. Pinck,, chester, linen-draper—E. Fox, Liverpool, surgeon—S. Davies.. Llandovery, Carmarthenshire, grocer. PARTNERSHIPS DISSOLVED. J. Hutchinson, jun., Halifax, and S. Dyson. Lees, Lay' cashire, cotton-spinners —J. and J. Butler, Plough-courti Fetter-lane, tortoiseshell and silver-workers—E. Sayers and S• Bailey, Portsmouth, waggon -masters—J. Dillon and E. R chardson, jun., Great Tower-street, wine and spirit.brokers --- J. Andrew, jun., J. S. Hitchen, and J. Wood, Congleton, Cheshire— B. Hirst and E. Bray . , Huddersfield, Cloth-dresSers --- • T. Parkinson and W. Hawkins, Preston, Lancashire, joiners J. Weeks and W. F. March, ship-owners. The Court of Chancery has been lately robbed of many valuable books. . . COURSE OF F.XCHANGE, June 7. AmStet dam i t: , ~ Ditto, at Sight ItottettlAtii Antwerp Hanthitrgh Altona Paris, 3 Day's sight Ditto Flom demix, ditto - Franklin t on the Main . Pete, sbnrgli • 7 0 . 151 Ex Morter Vienna Trieste Madrid :9:544 Etfreite Cadiz Bilboa Barcelona • 'Rffecii f f Gibraltar 3e Effectlie 851 t .... •• • 36 Leghorn Gel 1511 -Venice, Ital, Liv 47 Malta Palermo) sib Lisbon Oporto Rio.latteiro• Bal►ia . 50 Dublin .... 91 ........ CoPii 9l pet Cetit. BULLION • L.n 0 p pt' ()" :1 17 10i 3 0 0 Portugal Gold, i n Coin Foreign Gold, in B:u s New 1)ouldoons New Millars Silver Standard in Bars 0 4 iii FLUID EX TRACT OF 'SARSAPARILLA. •' IN this Preparation are concentrated all the to IN Medicinal Properties of the Sarsaparilla Boot, eve* , e .. a perfect Saturation of the Menstruum with which , t i s C o, pared. To such Persons, therefore, who, from. various co ml., would experience great inconvenience, or with whorls It ** ti f j be utterly impossible to prepare th e Decoction, the f' P ri o Extract, which possesses the advantages of portability , " i t of .keeping in any climate, will •he found-s most . .desir* mode of employing this much-esteemed Medicine.. , t i o k' The Diseases in which it has must ale 'those of the Skin, such as Seorbutii Affections, z r : 1 1 0.- five Diseases, Secondary Symptoms, &c arising from 's cir eased State of the System at large. It is taken in Vit it ren letiog it of the same strength as the Decoction. re . , Sold in Bottles, at 4s. 6d., 7s. 6d., and 20s..byButler:: -- 1 01: , mist, 4, Cheapside, St. Paul's; Savoryand Co. 136, New, _,1 5° , 0 $ street, London,; and by the principal Druggisti - throW" the United Kingdom. Of whom may be had BUTLER'S (=RATED Ntl i :d Preparation for rnal , ng -Saline Draughts, recornrnenu`;dest the . Profession for its convenience and certainty. In 1 3° '' at 21. 9d., 4a. 6d., Bs. 6d., and RM. I *** Ask for "Butler's Fluid Extract of Sarsapariltay MARRIED. 54311 On Tuesday, the lth inst., of Ilurnestori George, on 0 0. of Thomas Lloyd,.Esq., of Kingtborp, YOrkithirc, to. too Beth 'Henrietta, second daughter off' W. It. L. Serean Esq., of Camp-hill, in the same county, ~j DIED On - the Ist inst., at Havre, Ilumphrey.Sturt, En• ij s fr On Sunday morning,: in Cay.endiab.squate, W. Fowle t z rso° ings, only son of William Fowler Jones, Esq., jun., ag years. t he Yesterday, the 7th inst., in StyilitOn. : street, Caroti n the eldest daughter of Colonel and ',Lady Caroline WoJde In 22d.year_of her age. 'C ' Printed and Pnbh hed for the'Pnopytrvitons, .atjbe OFFICC, No. 112, Strand, by J. B. CAnsTAIRS' I ti