The Sun. — London, England, 1833-06-01 00:00:00

hd) L.) e eGoo • • A.„ eV. 01 ' ‘‘. • ell • • r ‘ 5 .•:! . , • fr, iff t": _ "`v ‘, 4 • ,' 2 , 1\ t • • fr-i - z , rir. 4 , 41111116- / 11 0 / sit , ,71! ,1 1 - 1 ill pal- -;•Ni LIFE ANNUITIES. -AL UNION OFFICE, W - Bridge, is open D Lily, from Ten till 1' r• and purchase of Annuities on single or forwarded, by poet, to all parts cf the OF FICE OF ORDNANCE, PALL-MALL, MAY 30, 1833. Val Officers of his Majesty's do hereby GIVE NOTICE, that they rive SEALED TENDERS at their on or before the 15th of June next, as may be willing to RENT GAT situated at Hilsea. within three miles the extremity of a handsome avenue of from ti -e turnpike road, with a small 412 ce. Possession of the whole will be next. The house, consisting of nu good proportions, well fitted up, and re ' good underground wine and beer cel i, servants' hall, and all other necessary offices, a double cotchhouse, excel tide, with harness room, and lofts over : on a lawn of upwards of an me, and gardens, and also the walk meadow house, consisting of about six acres. be addressed to the Secretary to the Board the annual rent to be eta • the length, house sod grounds, applir to be Palmer, Hilsea green. near Gatcomb. By Older of the Board, R. BYHANI, Secretary. INN AND TAVERN. TO BE LET, ENT ERt 'ED UPON IMMEDIATELY, ' ee llent INN and TAVERN, about fioni Bristol. The above Inn and Tavern ''onveniency ; has an excellent howling ' with bowers and shrubberies ; large tea "at capital stall stables, good brew. house, 4 C. A Field, also adjoining, may, if re "'fed with it. • bein g so tastefully laid out, and so near the Reneral resort of Families of respectability. 'Thin g to enter into the above line of busi this a most d es i ra bl e o pp or t un ity, th e h ouse se greatest travelling roads in the neigh. otistol. furniture, brewing utensils, stock, &c., R fair valuation. Coming-in between Six Indr e d Pounds. Particulars apply (if by letter, post paid) to Appraiser and Auctioneer, adjoining the .A.RLE FREEHOLD ESTATE, th e M anor o f Af ton , M ans i on -h ouse , an 578 Land, in the perish of Freshwater, in the Isle SOLD BY PRIVATE CONTRACT, ' the Trustees and Executors of the late Robert Hicks, E-q., deceased), ?-lANOR, or reputed MANOR of ,no s its ,withrights, members, and appor g s ubstantial well built STONE MANSION 11 'd AFTON HOUSE. calculated for the re reqteetable family, a Farm-house, with re aililings, several Cottages for Labourers, and ' u ' l % situated in the parish of Freshwater, in W ight, comprising, in the whole, about 578 "d productive arable, meadow, pasture, and WonalLnd, the whole within a ring fence. in a of cultivation, and now in the occupation 'hie, widow of the late proprietor. Crops, Farming Stocks, &c., may he 4,ltation, and immediate possession can be given. A considerable part of the purcbase Ei n on mortgage. Particulars, and to treat for the purchase, tt!r post paid) to Messrs. King and Moore, 'tnington, or Messrs. Sewell. Hearn, end Isle of Wi4ht, from whom, and of Mr. 't Yarmouth, Isle of Wight. tickets to view 3 use and premsses may be procured, and and particular of the Estate may be seen. ' 1 :8vo., New Edition, with an Abstract of s'np Return of 1831. and Maps, 18.., Ms. RGH GAZETEEIt, or COM -I.IS GEOG RAP HICA I. DICTIONARY; holy of Geogriphy, Physical, Politi and Commercial. an Accompaniment to the above, 'RAL ATLAS, by A. ARROWSMITH, Authorities; containing 54 Map.. Royal ind, 361. plain ; coloured, 21. 12s. 6d. Longman and Co. Edinburgh: A. and C. puhlishe4, with nearly Ten Thousand En on WOO.l, complete in One large Vol., 6v0., 141 6d. Parts I. to 111., to he continued Months, 10s. 6 , 1. each. Numbers I. to V., iniied Monthly, 24. 6d. each. NCYCLOPIEDIA of PLANTS; using every desirable particular respecting all i ndigenous, cultivated in, or introduced to by J. C. LOUDON, F.L.S., H.S., &c. Character, Sze., by John Lindley, F.R.S., S., &c. ; the Drawines by J. D. C. Sowerby, the Engravings by R. Branston. Lor ian, Rees. Orme, Brown, and Green. JNER'S CABINET CYCLOP2EDIA. !Illy Volumes, small Bvo. 6s. in cloth. 11 ' 1 'er', forming Vol. XLIII. of the above, ON ASTRONOMY k Y Sir JOHN F. W. HERSCHEL, F.R.S. L. and E. 51.R.1.A. F.R.A.S. F. G. S. &c. &c. 1 " 1 Will comprise a complete Library of Enter. Ins truction, and Reference. It is divided into Series, on Science, Art, History, &c. l mtnent p-rsons in Literature and Science, as ~,i.,countries as in vari.ius parts of Europe, are 'ontr , butors to the Work. 4 1 . v, • v OLUMES PUBLISHED :••••-• :--Scotland, 2, n , y Scott.—England, 3, I '•—ltalian Republics, 1, by Sismondi. — tit,' " Spain and Portugal, 5.--Franee, .• . -Switzerland, I.—Outlines of History, 1 . Lkio States,o • ~.-Maritime Discovery, 3.—The z t he Of g 0 ' T •ver' ri e tt) )f k d r ;or itbo"" 0( 01 : recO r bic h p il, a ty vor 'eA CTURES.—SiIk, I.—Metal, 2.—Porce tNt.,4",,, Baking, &c. 1. I ‘ '.--Preliminary Discourse on N aural Philo 111'17 , Herschel.—Hydrostatics and Pneumatics, 1, its — Mechanics, 1, by K arc anti Lardner.— 1 , by 11,rschel.—Optics, 1, by Brewster. I Gli r Y , I —H ea r, 1, by Lardner. Y.N 4PI-1 1 7 .—Naval Commanders, 3, by Southey. k 1, by R oscoe ,—St a t esme n, Vol. I, by AI tck 'it:'".4ll.l,t,iry Commander, 3, by Gleig. t)4 4 AIs ATION.—IeId, 2, by 111oore.—Dts seRoufactures,r by an C. Dupin.— T. Electricity, by 'tl i t s 4 "Rv, by C.tnyheare.—France from the Re- Macaulay.—Literary and Scientific Men, by t Montgomery, &c. &c. r `,;' .. : ... 'e Lo r r i ,glnan and Co., and John Taylor. INTERESTING WORKS, r 1101 pV ~ itt ' l 'd for H. COLBURN by R. BENTLEI, io !! A nd Sold by all B oo k sellers. P ai ,f ° r I. t ALHAMBRA, Or, NEW SKETCH-BOOK. 14 4 By GEOFFRY CRAYON. C heaper E.ition, in 2 vols. post Bvo. 16s. 11. 1 3 t1 3ePi/ o ' l l 1 1) ti ' Ll) SPORTS OF _,q. THE NORTH. qtrt be By L.. LLOYD, considerably improved and enlarged, and tr hed with 23 Plate.. In 2 vols. Svc,. e tbe individual valuable works ever given to the rting 1 ' 11 4 1 , 4 !I of individual adventure, often of them t ro "tjbe fr o f I 111. l ous kind."—Courier. 11 04 ' 4 1311 the the GREAT, or MEN and THINGS in the , 4 4 o ei r tqi,. B RITISH METROPOLIS. 'on, With Additions. In 2 vols. post Bvo. ISs. 0 1 ' of lv. be UN Iv. ONE, and other POEMS. tly the Hon. Mts. NORTON. 0,, A)N, Bvo. 7s. 6d. 0/2 YE4 S A TIONS OF V. LITERARY MEN AND it s STATESMEN. WALTER SAVAGE . LANDOR. tD e d‘ zmition, revised, with con,,itterable Additions. e; ‘ ,. In 3 vols.ls. 6d. V ° ' 41 1 , separately, to complete sets. B OOK VI. OF THE BOUDOIR. 5 hilP e te. c ,, a , By LADY MORGAN. . y oclin l Edition. In 2 vols. post Svo. 16s. Ar, ; „, VII. r i:r iec ' thkl6.. "".111JMOUS WORKS OF MRS. ANNE I C 4 ltip RADCLIFFE; oro I,thiA,^kalasston de Blondeville, a Romance; and St. ( 111 ,a Metrical T a l e , w i t h various P oe tic a l ' at e of the Authoress, and Extracts from %pals, In 4 v o l s . post I:Ivo. 11. 44. , r ik of Ad° o'. dop y vo 11$ 01 riti 3rl :o ,be r e i e to • , e a d to g LII ROYA The • orlon riugP, ) by (I ° ' o lb leant and puto r oro T.ahles {env; proPe kmgdorn. Y wal o °l o ' irtutla•-_e ()Friel :tied 11:00 e wady 10%0rdnance do debtor '' e dY to r e b'lo' Jul 4 1 cel ,ins le .. w -mall, 0 ses•e 4 p prafins D r's f ii ,% ! ' ‘: . 4 II °USE , it' It „_ .7 at the ty wittfos L'oo lards fro dle ? " llbe i' t th e e re gt 4trance, re ra re ' 0 "Oistnntner d ?W'ets nt ao ifr.re ith t _ good e nde e r m tre k !tu ei, g ( ofot andltchm, ae la 4 -14 detached %nre r tS "L e 4411 vable btalFo l Y vri m ooef'ota 'i e °`l k teta tta e on prof/ u P g h at e t oo e It ta t L et to e et The' o tt d t , 4 he add ,resei' t 1,41 r • c e , and th o f it‘ )j t tao r d Sat 0 0 to si ew , at am) , to J o n g the hu proP er ; o l, Palrn e Itm:v., Jr , 0 0 By I %tette' is v ,,, co INN o fir 41 ) A ,NTERE yotYeelient sit therr "t nile fin, / leret of ~,,t )4Y cony ' el pe r ,_. o 010 iitZ'ntinded I to•• wit 'som e nrd " R ' c I, he tits , & c. 6°lo° i*nt el with ive o t , t'tden • voUld $,, th, bt lng iisbales:ol4 general r roig'.' t n wi?‘hing aPde°' a t ,"d this a u If the grez 0404 •, kho nl tin3'ehold fern ird C h° Lk‘ , ,, 't 4 , fair ,roa 1 0 d , r h un d red P as ,ile t "" Par tictil e with 1:0 7 Appr; rip g rin pre 41:-ITATFCE- tt,,,i'4g the Mano 1 W):4 1 Land, in I Jo s ttle, SOLD s THE o , the Truf!, sls 4 qt thd , THE ANc v „;, 1 0 N, wit D' 411bitarr 33. 4 of call, d AFT •I n ga °ll l ei , I :,"Pectal tot , uildin gi e Frev, tf . 114, sits e t rL Y o ge ir sf t . Wight et .Vee and b prod (ember, WondLnO a co° e t 'te of n u ] 036 Qr 11 . e, wir .10 9 v• tt,.4wine Crn Joboj e i titiati nn nd ,s ' i ttittr e .: A y s e 'r•pr: f t11 0 1 , Y ,410..i n on •r i o v f (i4;"er particu I s e ar ' Y, letter pos klot'Ytning ton Siett, r . 41 i ite r, !r esi t, 11 +4,i 1 41 7 , e , , ,u Yar 0 111. 1 0e ai bit.syoo, t1k;••„7",,...!_r1, part trt ° f .„ i f • tP ► Vo1.1;;;" Gra" the „t 4 t • .11 4 inn tie!' f ,t)4BURGI • toe;, 11 01.1 S G: e . 10" I. k • c omph.t e h fti t i o , • al. and C N W, foa 4, an A ccc c I 0 0 c.NERAL ttte st Anal() • i t ' l bound, 36, L a ti6 . ‘a ' o f un g rn ar r fog d, ! l 'ess publish .1)ir" pa" ' ,ds, "'fp,6' on W 141 6d • Netv c a t 0 Month s , their entinu.-el bit thei r tota tNCYG ll t4t prisi ng ev f s the ,0 0, I itidigenot i e rsl' by J. C. C 0 3 '0; q 44 & hat ' s et V ; Fre r ig V ; and the E n Long ma s v e f :1 0 , 1 4441 6 N E R pti :Mthly V o l 3 _ " l3e v ;yol tt hqltmhed, ft ij Nettler) t ig l jt Sir JO . Sebe 11,, P. P. R. S 4 k 'S L will CC 660' 1 ;41 4:n.,trUCti,lll I‘fetr rol 4 l : . , Ser 6 ,1 p ije t e b te e 14 P e e?(!nrit No. 12, BANK OF ENGLAND, hIAY SI , 1833. THE COURT of DIRECTORS of the GOVERNOR and COMPANY of the BANK of ENGLAND uive Notice,—That the GENERAL COURT held at the. Bank this d ly, is Adjourned till WEDNESDAY next, the sth of June, at Twelve o'clock precisely. JOHN KNIGHT, Secretary. MRS. TROLLOPE'S NEW YORK. This day was published, in 3 vols., post Svo., Sls. 6d. T " E A BBES S. A ROMANCE. By the Author of " The Domestic Manners of the Americans." Whittaker, Treacher, and Co., Ave Maria-lane. On Tuesday next, in 2 vols. Svo., with fine Portrait engraved by Dean, from an original Picture, MRS. INCHBALD'S MEMOIRS and CORRESPONDENCE. By JAMES BOADEN, Esq. Richard Bentley, New Burlington-street. (Successor to Henry Coburn.) VRASER'S MAGAZINE' .i: No. XLII. for JUNE, 1833. Price 20. 6d. Contains :—Ancient Country Gentlemen of England— The Poets of tr e Day, Batch the First—Mr. Thornhurn's MS., the origin .1" Lawrie Todrl"—Speech•a delivered in Banco Regina, MitaLeau v. Dumont—Gallery of Literary Giaracterw, No. XXXVIL, with a full-length Portrait of omss Ca , lyle, Esti. --The Commission for Pernetu icing Factory In f x Weeks on the Loire—Miserrimus —The Thelluson J ,b—The Early Days of Edmund Kean —A Wind-up for our Seventh Volume—lndex. James Fraser, 215. Regent-street, and every Book seller, Stationer, and Newsman in the Kingdom. THE JUNE NUNHIER OF THE NEW MONTHLY MAGAZINE, Edited by E. L. BULWER, Esq., Author of " Prlh4tn," " Eugene Aram," &c., Cotains, among other interesting Articles :—The Poli tician —Parliamentary Mismanagement of Time—Late Westminster Election—Sir Robert Heron's proposed Mo tion—the National Convention—Modrrn Novelists, and Recent Novels—Lady Blessington's Journal—Jean Paul Richter—Annihilation—A New Gallery of Pictures— Changes is the Value of Money—Forest Worship, by the Author of " Corn Law R'lmes"—Four Views of Lon don—On the Progress of Music from the CommenceiNent of the present Century—Monthly Commentary on Alen and Things—the Lion's Mouth, &c., &c. Published for H. Colburn by R. Bentley, New Burling ton street. ARMY AND NAVY. THE UNITED SERVICE JOURNAL, AND NAVAL AND MILITARY MAGAZINE, for JUNE, 1833, contains, among other interesting PApPrs : ON THE OVERLAND INVASION OF INDIA. Revised Movements of the Ca valry. Narrative of Captain Ross'sFirst Ascent of the Peter BotteMoun. tam, in the Mauritius, by Lt. A. J. Taylor, R.N. The Romarang. Correspondence from the Prin cipal Ports and Stations. General Correspor.dence:—The Antidote for the Decay in Timber called Dry Rot ; Sir J...hn Moore; British Cavalry in the Peninsula ; King's Packets ; Captains Scott and Chamier, &c. The Royal Naval School—An nals of the Fleet—Stations of the Army—Promotions, Ap pointments, &c. •n by R. Bentley, New Bur- Voyage of Discovery, by an Officer employed. Military Establishments of Ger- many. On Steam Navigation. Narrative of the Capture of the Diamond Rock, effected by Sir S. Hood in the Centaur : by Captain Boswall, R.N. Comparative Pay and Allow ances of King's Officers in India and England. Publi-hed fur H. Colbur lington- street. COURT CIRCULAR. Prince TALLEYRASD and M. VAN DE WEYER, the Beleian Minister, had interviews with Viscount PALMER.. s-rox yesterday at the Foreign-otEce. Viscount EBRINGTON, Viscount PALMERSTON, and the Right Hon. CHARLES GRANT, had interviews with Earl GREY yesterday at the Treasury. UNIVERSITY INTELLIGENCE. OXFORD, Juisz I.—Saturday being the !set dsy of Easter Term, the followine Degrees were conferred:— II AC HELOR AND DOCTOR IN DIVINITY, BY ACCUMULATION. Rev. Thomas Parfitt, Balliol College. BACHELOR IN DIVINITY. Rev. Renn Dickson Hampden, Principal of St. Mary hall, Grand Compounder. MASTERS OF ARTS. The Rev. John Lawson, St. Alban hall; Richard Bassett Wilson, University ; Henry Summer Dyer, Worcester; John Richardson, Taberdar of Queen's ; the Rev. William Wilcox Clarke, Wadham ; Charles Manners Forster, Oriel ; Walter Kerr Hamilton, Fellow of Merton; Rev. Thomas Maurice, Merton; Rey. Edward Acton Davies, St. John's. BACHELORS OF ARTS. William Thorold, New Inn hall, Grand Compounder ; Robert Williams, Oriel, Grand Compounder ; Louis Evans, Oriel ; Thomas Price Jones, New Inn hall; Thomas Forster Barrow, St. Alban hall; George Woods, George Stephen Woodgate, Robert Lowe, Charles F. Fisher, John Burdon, and George Young Bo ton, University ; Henry William Weston, All Souls'; Henry George Liddell, Student of Christ Church; Kay Macdowall Erskine, Geo. S. Stanley, and Savile Craven Henry Ogle, Christ Church; Samuel Stephen Bankart and John Maxwell Steele, Brasenose ; Charles Geo. Dick, Henry Boys, Richard Joseph Luscombe, William Henry Johnson, John Chas. Napleton, and Henry Hilton, Worcester ; John Inglis, Louis Davison de Visme, and Binsteed Gaselee, Balliol ; Robert Cave Wood Collins, John Crosse, Archibald Smith, and Wm. Upton Richards, Exeter; Miles Atkinson, James Boustead, and William Butler, Queen's; George Ayscoghe Chaplin and Thomas Harris, Demies of Mag. dalen ; Francis Hastings Stuart Menteath, Magdalen hall ; WilliarnM.Musters, Corpus; Henry J. Buller and E. R. Strick land, Trinity ; Rich. Griffith, Jesus ; John Lloyd, Jesus ; Chas. Browne Dalton, Scholar of Wadham; John Grant Law. ford, Wm. Marsden, John Gibbons Longueville, Henry Dam pier Phelps, and Humphrey John Hare Wadhain. In a Convocation, holden on Wednesday, the Rev. John William Hughes, M. A. of Trinity college, the Rev. Peter Hinsell, M. A. Fellow of University, and the Rev. Wil liam M. A. Fellow of Wadham, were nominated Masters of the Schools, for the year ensuing. Thursday the following D-erees were conferred : MASTERS OF ARTS. Geo. Henry Somerset, St. Mary Hall; Rev. Henry Simon Chas. Crook and Rev. Richard Hardy Blanchard, Lincoln ; Rev. Griffith Williams, Jesus ; Henry Champion Partridge and Richard Edmund Tyrwhitt, Brasenose ; Rev. Henry Xing Collinson and Rev. Fletcher Woodhouse, Queen's ; Rev. William Warde and Rev. Edward Charles Harrington, Worcester; Hon. Charles John Murray, Christ Church; Rev. William Cureton, Chaplain of Christ Church ; James Frederick Crouch, Scholar of Corpus; Rev. William Gould, Balliol; Rev. Archibald Allen Cameron, Scholar of Pembroke; Rev. Clement Le Hardy and Rev. Jas. Hall Talbot, Pembroke; Rev. Henry Pruen and Rev. Frederick Robert Neve, Oriel; Rev. James Corall Roberts and Rev. William Roche, Trinity ; Rev. Edwin Hotham, New College. BACHELORS OF ARTS. Francis Geary, and G. Thomas Balner, Christ Church, Grand Compounders; Howell Jones Phillips, Worcester, Grand Compounder ; William Edw. Jelf and Robert Scott, Students of Christ Church ; Henry Halford Vaughan, Joshua Bennet, John Garrett, George Campion Courthorpe, John Thos. Henry Peter, and the Hon. Frederick Smyth Moncton, Christ Church ; Samuel Bradshaw, Brasenose ; John Leigh Spencer, Henry Octavius Coxe, and James Roper Hoare, Worcester ; Henry Bennet Pierrepont, New College ; Daniel Ward Goddard, Jos. Duncan Cork, Edward Hinxman, Henry Nele Loring, and John Graves, Exeter; Charles Maxwell, Balliol ; John Holbeche Short, Postmaster of Merton ; George Henry Chandler, Richard George Stevens, Charles Lai.gford Guyon, and Andrew Foster, Wadham ; Edward Fursdon, Oriel ; Charles Maxwell Provand, 1 homas Ridley, and Thomas Eyre Poole, Magdalen Hall ; Henry Peter Guillemarde and John Thomas, Scholars of Trinity ; Wm. Alder Strange, Scholar of Pembroke ; Henry Knapp, St. John's. sccLEsraSTIC•L rttEFEHMENTS. The Rev. Joseph Carter, B.D. of St. John's College, and Vicar of St. Giles's, in this city, has been presented by the President and Fellows to the Rectory of Baynton, Yorkshire, void by the death of the Rev John Bell, D.D. The Rev. J. T. E. West, B A., late of Christ College, Cambridge, has been presented to the perpetual Curacy of Stoke, near Chester. Patron, Sir Henry Edward Bunbury, Bart. The Rev. George Hill Clifton, 8.A., Fellow of Wor cester College, in Iva University, has been collated by the Lord Bishop of Worcester, to the Vicarage of Snitter field, Warwickshire, void by the decease of the Rev. Joseph Taylor. LONDON, SATURDAY EVENING, JUNE 1, 1833. IMPERIAL PARLIAMENT. HOUSE OF LORDS, MAY 31. The Marquis of WESTMINSTER presented several petitions, for the total abolition of slavery, from Cheshire. The Duke of WELLINGTON presented a petition from Birmingham, against the Game Act. The peti tioners stated that poaching had increased threefold since the passing of the Act. He himself knew it to be the fact. He hid kept up his preserves because he did not wish to discharge servants, who could get no employment elsewhere. The Marquis of WESTMINSTER had no doubt that where preserves had been kept to a considerable extent, poaching had increased, and it was a temptation to idle persons, but for himself, in that part of the country with which he was connected, poaching had decreased. The Earl of NIALMESBURY said that he agreed with the Noble Duke that the Act had been productive of evil. It had affected the gun-making trade, and deprived gentlemen of their innocent and praiseworthy sport, and given rise to the further extension of poaching. 'What ever alteration might be made in the Act, he must be un derstood as not wishing to return to the former state of things. Lord SEAGRAVE said, that as long as the present liw remained in force, it would be impossible not only to check poaching, but to preserve a single head of game, un'e.s upon the largest estates. The Duke si RICHMOND defended the Act, and said that he did not bell, ve that poaching had increased, and the principal intention of the Bill was to erase from our statute book laws of great injustice, as the former laws were, which allowed only the Nobility to enjoy the plea sure of eating pheasants, hares, &c. As to the distress which it was said the gun-makers were undergoing from the Act, he thought it was unfair, but if they com plained of not being able to sell their guns, let them lower their present exorbitant prices. the first and main principle is the convertibility of the paper circulation issued by the Bank. It is only nn this principle that there is any value in paper as a medium of circulation ; and every departure from this principle of convertibility must have the worst effects on every interest, whether commercial, ma. nufacturing, or agricultural. In the consideration, there fore, of the present subject, this principle the Hous e must keep constantly in view. Sir, the next point is to secure the solvency of the Bank, which issues this cir culating medium. The importance, I apprehend, of these two points, Sir, will not require from me any armament. The great majority of this House are impressed with the importance of the convertibility of a paper circulation, and no one can doubt the great necessity, also, that there is, that the solvency of the Bank should be secured. But there is another part of this question which is scarcely of 1-es importance to the interests of and prosperity of the country than the solvency of the B ,nk, and that is the se curity which should be taken against undue fluctuations in the amount of that currency, because, although the ruin is immediate and inevitable, arising from the insolvency of the Bank, the ruin is scarcely less inevitable, which would take place from the undue fluctu ations in the amount of its currency. It destroys all corn, menial confidence, and although it may encourage great speculation, its only effect would be to bring destruction on those who engage in it.--(Hear, hear.) It is impossible, however, in any circulating paper medium, ►hat it should he altogether free from fluctuation. only reasonable object which every Government can think to obtain in regulating the circulating medium, is to consider the means of having that circulation to fluctuate as little as possible. The want of circulation must depend on the demands of the country ; but in case of any in crease in the circulat ng medium, so as to produce a de pression of it, the only sure remedy that can be ap plied to that, is the effect of the foreign exchange on the country.--(Hear, hear.) As long as you have complete convertibility into bullion, the foreign exchange will always rectify any excess in the calculation. It is most de•irahle that in any arrangement that should take place, little inrerruption should be given to the effect of the for.ign exchange on the currency of the country. Any endeavour to interfere with the export of bullion from the country can only have a mischievous ten dency.—(Hear, hear.) Now, the quotation which the House will . have to decide will tie, in what manner, for the future, the source which supplies the paper currency shall be regulated? At present it is perfectly well known that the Bank of England, possessing at it does the monopoly of the circulation, is the body on which the whole of the circulation of the country must turn. Whenever the foreign exchange has lien effected so as to make it the interest of persons to send bullion abroad, the circulation here has always been effected. The first question, then, for the House to decide will be, whether it is most desirable that the management of the circulating medium of the country should he conducted by a single body of b inhere, or whether it shall be by a competition of different b inkers ? It ap pears to me, in looking at this question, that there are advantages undoubtedly to be derived in favour of both systems, and we must consider what is the case as relates to both systems. In the competition of different hankers it must be the interest of the bankers, assuming their security as to solvency, to issue as much paper circulation as is passible. They o ill circulate check upon check ; and I imagine it to be perfectly clear, that no one of those bankers will be able to issue more than their due proportion, and if there be a state of things in which competition exists, and if there be a great demand, it will be in the power of each to increase the circulation, so as that each individual franker shall have not more than his due proportion. When, in consequence of the depreciation of the currency, a fall of credit takes place by a failure in the exchanges, this company, looking to their ow❑ interests as compared with the other hanks, will be obliged to contract their issues. This is the point we ought to guard against, for there would be considerable danger in such a competition. Another point, OR which a B ink, having the control of a large part of the circulation of the country, is of advan. tage, is the assurance, that in times of distress it can give relief to the commerce of the country. On those occasions the exchanges turn in favour of this country. There is no objection in those case+ for the Bank to in crease their circulation, but if you have several banks, none of them would dare to come forward in competition with their rivals. In all I have said, I have assumed that the principles on which a single hank is conducted are sound and good principles ; that the single bank does not make undue profits, but looks to foreign exchanges, and does not keep down the circulation by artificial means, but looks to circumstances and the state of the country for the purpose of regulating the amount of its issues. The inte rest of a single bank must be to keep as large an amount of notes in circulation as it can do, and therefore it was undoubtedly placing a great power in one body of indivi duals, having an interest certainly to abuse that power ; it was placing in a particular body of individuals a very great power. Ido not state that either the competition of different banks, or intrusting the power to a single bank, are utterly unobjectionable, but we must look at the comparison of objections and die comparison of ad vantages on one side and on the other, and if we can find such a check on a single bank a+ I have stated, I think it is of advantage that you should confine the power to a single bank rather than to a great many. Very diff,rent modes have been taken into consideration, to endeavour to effact this check and control over a single bank. I have spoken of one bank of istiu. without saying whether it should be under the control of Government or not. It certainly is a ques ion, whether it should be put under a body not legally responsible, or whether it should be under the control of Government; and, on the other hand, whether the profits should be held by Government, or by a private company.—(Bear, hear, hear.) The only advantage I have been able to discover in a Government bank is, that instead of the profits going io the one case to a private company, they would go to the public revenue.—(Hear, hear, Lear.) But I think these advantages are mole than counter balanced by the praetic a evils of the measure.—(Hear.) The attempt, Sir, on the part of the Government, would he attended with impracticability and extreme impolicy. If that assistance hitherto given by means of the Bank of England was once in the power of the Govern ment, if, in periods of distress and difficulty, such enormous power was given to the Guyer nment, it would be almost destructive to the institutions of the country. 1 think, Sir. we ought to throw aside any question of establishing a Government Bank. Then, Sir, another check has been men tioned, and has been very touch urged on some occasion•, thatnet is, that private corporations should he the bank ing companies that ought to have the management of these thing, and that the Government should have a control over the management of their affairs. That, Sir, would not be a vets , effectual mode of proceeding, as it would he liable to objections to a certain extent ; and I don't know the advantage that would result in having the opinion of his M .jesty's Ministers on such matters. Then I must say, if we look to the best expetience which we have of the case in which the Bank have been supposed to have mismanaged their property, if we look to the year , 1797, 1822, and 1825—without now meaning to give any opinion whatever• as to the conduct of the Bank—whether they have acted right or wrong—there is no doubt that great objections have been made to their conduct on those occasions; but think, Sir, no mm should be prepared to say, that a those instances the Government were not cognizant of heir conduct, and were as much to blame as the Bank. —(Hear, hear, hear.) Sir, I don't think that the control of the Government over the Bank would be productive of such advantage as to make it desirable to tastitwe such provisions. The only check, Sir, to which the attention of the public has been directed, and the only one in my opinion likely to be efficient, is the publication of the accounts of the Bank. Such a check ,sou d, as appears to roe, be productive of the best conse quences.—(Hear, hear, and cheers.) Toe principles on which the Bank have manag, d their concerns for the last five or six years have been stated fairly to the public. The grounds on which they have adopted that management have been spin oved, and f believe in reason may be fairly so, vis., the keeping of one third of bullion in comparison with their liabilities, the non-enforcement of a circulation by artificial means, and, as the bullion was taken out of the country, the withdrawing of their circulating medium, and increasing it as the bullion returned.—(Hear.) By this means we shall prevent sudden changes from at once affecting the circulation, and when circum stances which cannot be prevented unavoidably occur, they will be made to act upon the country gradually. We have experience also of what has been the effect of this mode of management on the part of the Bank, during a period of considerable difiSeulty, for the lions; ( PRICE 713.) is aware that the exchanges were against this ceun ry from August, 1830, till the beginning of 1832. I)urit g the whole of that time there was a drain of gold going 0,, from the country amounting on the whole 1070,000.0001. I do not mean to say that this period was notone of considerable pressure and distresi—a pressure produced in a great degree by that drain, but still there was no such con vulsion as we have witnessed in former times. By allotikenz the effect of a drain of gold to act gradu.dly on the country; instead of endeavouring to counteract it, we shall he able to avert any sudden .bock, till th. exchanges turn in our favour—(Hear) — when the circulation is again increased, as in the beginning of 1832, and Cu accumulated in th- Bank. The publicity which we propose to give to the accounts at the Bank will enable the public to judge whether the Rink will continue to act on this principle, or not. It may be said that the Bank Directors are not legally responsible for their conduct, and that there is no punishment which can be inflicted on them, in case of their departure from the principle I have deseribed —(Hear, • hear.) But all must, ►n the present day, admit that the responsibility of all men to public opinion is so great, as tc exercise a considerable control over their actions.--(Hear, hear, heir.) And certainly the Bank Ditectors, moving in the rank they do, will be subject to the influence of this responsibility to a greater extent than they would be made responsible by any provision we could devise. I am, therefore, prepared to propose the continuation of a single Balk of issue in the metropolis, subject to the control I have stated. Even if we were for the first time instituting a b mking system, I should think this the most advan tageous phn we emild adopt ; hat under existing circum .tanees, it ha. an additional and known advantage, and that is, th st it effects the least change that c,sn be adopted, and unless we can see a great benefit to result from mak ing a change in our monetary system, nothing could be , more foolish than making such a change. —(Hear. hear, hear.) My proposition is, then, that the Bank , of England should continue to have the monopoly of the circulation of the metropolis, and I propose to con tinue it in that monopoly by the same means as have been hitherto employed,that is, not allowing any banking comp fly having more than six partners, to issue paper at less than 65 miles from the metropolis. Ido not place much stress on the distance, but as the Bank Directors have a strong desire that the distance should remain as at present fixed, and as I do not think the public will lose by it, I ant ready to yield to that desire. The next point to which I intend to call the attention of the C mmittee, is the duration of the new Charter to be granted to the Bank I certainly think it desirable that the Government of the country should not be tied up to this plan for too long a period ; but, at the same time, I am aware that the question should not be un - la:Tess:6ly set afloat at too early a period. I propose, therefore, that the Charter shall be continued to the Bank of Engl old for twenty-one years, subject, how ever, to this condition, that if, at the end of ten years, it shall seem fit to Government to give notice to the Bank of England to that effect, the charter may expire at the end of one year from that notice. I have already attended to the next point, which is the publication of the accounts. I propose, that the Bank should transmit, every week to the Treasury, an account of the bullion and securities it holds on the one band, and of the paper and deposits on the other. At the end of every quarter, an average of the amount of each alma be struck and published in the Gazette in the succeeding quarter. I do not propose a publication of the accounts rendered weekly to the Treasury, because a temporary drain upon the Bank will give a false impression to the public of what the state of the Bank accounts is. The quarterly averages, however, will afford a proof to the public, that the Bank continues the system of management it ought. I come now to a point upon which I feel there will be some, and perhaps considerable, difference of opinion in the House. I have stated that it is most desirable that no interference should take place to prevent a drain of gold out of the country, when the exchanges are against us. This is necessary, in order that the currency may lie left to regulate itself in a proper manner. But an internal dr .in on the Bank for specie stands on a different footing. I think it any thing but desirable to give any encouragement or unnecessary facility to an internal drain for gold. I have said that the convertibility of the paper of the Bank of England into bullion is essential to a sound principle—(Hear)—but hav ing secured the publicity of the Bank accounts, and given every security to the public which can be de vised—if others can be found I shall be happy to consider of them—l do not think there is any danger in giving to the Bank of England paper every advantage consistent with the principle I have mentioned. It is, therefore, my intention to propose that Bank of England paper should be a legal tender except to the Bank and its branches.—(Hear.) Gentlemen may fear that this will produce a depreciation of the Bank paper ; but as far as I have been able to consider the subject, looking to the rapid means of communication which exist in the country, and how easy it would be to send in the paper to the Bank, I do not think that such an effect can take place.—(Hear, hear.) Certainly the risk does not outweigh the advantages we shall derive from the arrangement. In ordinary times Ido not be lieve it will have any effect the one way or the other, but in case of a panic its advantages to tothe counterbalance plan .: thatm us t i t b w e considerable.tilait(leth erdri Anc veo' u h t e g r ol o d t . rjec i tin t o i,, perfectly well known, I grant, that paper and bullion of the same denomination cannot circulate together, but we do not propose to circulate notes of a lower denomination than Si., awl I do not think they will have the effect of driving out the sovereigns. Another objection, and I admit it would be a valid one, if well founded, is, that the measure will have the effect of making banks in the country less careful in the management of their haws, the effects of a run upon them being by this means rendered less detrimental. I cannot believe that such mill he the effect of the plan, and certainly the risk of it doer: not counterbalance the advantage of securing hanks against any other drains for specie than that produced by the effect of the foreign exchanges. I believe it is admitted, but it certainly must be the case, that at the period at which any bank expects to have a run made upon it, it Fovides itself with all the means of meeting such a run to the utmost extent its resources will admit of. Therefore, when a lon is going on, the country banker■ call upon the Bank of England, not merely for the amount of bullion which may be absolutely necessary to meet the run, but in order to guard themselves, they call upon t. em for a much larger amount. There fore, the effect of any one Bank bring established, is to make a much larger internal trade than is re quired ; if, therefore, we can secure the constant convertibility of the Bank of England paper, and by that means prevent its depression, I think the balance is very greatly in favour of the establishment of one body for the regulation of the circulating medium. Now, the next proposition of alteration which I shall have to submit to the Committee, will affect not merely the Bank of England, but all b inking establishments, and be, I think, most advantageous to the commerce of the country. It is most desirable that the B dik of England should, when they wish to diminish the amount of dia count, be able to check that by other means than tbey have at present. They have at present the means of raising the interest of discount, but the time is cot long past when the interest of discount being higher than the legal interest of money, there was no other means of the Bank checking it, than by refusing to discount. I propose, therefore, an alteration, to a certain extent, in the provisions of the usury laws. I propose that all bills not having more than three months to run should be exemptid from the usury laws.—(Lout cheers.) Gentlemen who have been long Members of this House know very well that I have never been a strong friend or supporter of the usury laws.—(Hear, bear.) I supported a motion of an Honourable Gentleman, not now a Member of this House, at one time, for the repeal of the objections, usury 'tw s not( laws— ( Hear )— but reasonable,but I bu k t no s w trong there aregrea to t objections the entire abolition of these laws. ( Hear, hear, hear.) I do not think the class of p ersons who make the greatest objection to the re p eal of the 'Hwy laws, feel objection so strongly with respect to bills of exchange.—(Hear, bear.) That portion of the capital of the country which is usually laid out upon mortgage, I believe, is not very likely to be employed in the discounting of bills, therefore I do not think it will materially inter fere with 'Loney usually so advanced. However it mty ultimately interfere, at the present time it can have no effect, inasmuch as the iatereet of money just now, is not more than half the amount of legal in terest.—(Hear, bear.) But it se very desirable. when it COURTS OF LOCAL JURISDICTION. The LORD CHANCELLOR, in answer to a question from the Earl of MA LMESBURY, said that he had from the beginning, though it appeared it was not known, ex• 'messed his determination to propose a clause in order to modify the 13th clause of the Local Courts Act, against which so mmy petitions hail been presented, so far as was consistent with the principle of the Bill, and to give to the present Courts of Requests and other such courts more protection than they asked for, and a more extensive jurisdiction. The Earl of hIALMESBURY presented a petition from the inhabitants of Carmarthen, praying that their court of requests might be exempted from the operation of the in tended The Marquis of LANSDOWNE presented a similar petition from a township in the county of Wilts. The Marquis of BUTE presented a petition from Mr. Robert Vigors, of the island of Jamaica, against the Mi nisterial plan for the abolition of slavery. The Bishop of DURHAM presented a petition against the Irish Church Bill, from the Archdeaconry and Clergy of Durham. The Earl of SUFFOLK asked how it was that the church property had become Protestant, if it was inalien able, as stated in the petition. The Bishop of EXEIER said that the observation of the Noble Earl extorted from him the remark that the Church was the same as ever, except that it had become more pure since Protestantism had been established. The Bishop of LONDON presented a petition from 110 master newsvenders, and their servants, of the City of London, against Sunday newspapers. Lord SEAGRAVE and the Bishop of WELLS presented petitions against the Beer Act. The LORD CHANCELLOR presented petitions from Halifax, praying for the abolition of the house and window taxes; from a place in Yorkshire, for a plan of general education; from Frome, praying for the better regulation of the law for the recovery of small debts ; and from other places against municipal corporations. The Savings' Banks Annuities Bill was read a second time, after which the House adjourned. HOUSE OF COMMONS, MAT 31. The House resumed at five o'clock. A mes-age from the Lardy communicated that their Lordships bad agreed to, and passed, several private Bills. Mr. HUME postponed his motion relative to the build ing of a new House, till the 22d of June. He also pre sented a report from the Committee appointed to classify petitions. Mr. GOULBURN presented a petition from the Uni versity of Cambridge, against the Irish Church Tempo ralities Bill. Sir R. VYVYAN moved for certain returns relative to slavery, and the communications that had passed be tween the deputations appointed by the several colonies and his Majesty's Governwent.—Ordered. Colonel EVANS moved for certain returns connected with the Court of Requests in Westminster. Lord ALTHORP was then called upon, when Mr. HUME said, before entering upon the order of the day, be wished to ask him a question. He understood that the Captain of the Band of Gentlemen Pen sioners had lately died. He had also a list of ten individuals holding such situations that had died within the last two years, to whom successors had been appointed. He knew that the Noble Lord and the Go vernment were anxious to put an end to such places as were totally useless; therefore he hoped that as there was now an opportunity, they would put their principles in practic.. What he wished to know was, whether any order or orders had been made, or were to be made, to put an end to such places. If he was answered in the negative he shook; feel it his duty to bring the subject under the consideration of the House. Lord ALTHORP said the payment of the band alluded to was paid out of the civil list. He was not then pre pared to give a definite answer, but would be prepared to do so soon. BANK CHARTER. On the motion of Lord ALTHOHP, the House resolved itself into a Committee on the Bank Charter, Mr. BERNAL in the Chair. Lord AL I'IIORP then rose and said—Sir, I be lieve, on former occasions of the renewal of the Bank Charier, it has been the practice of the person holding the situation in which I now Island to rnove the resilutions on which the Bill is founded, in consequence of an applica tion from the Bank of England for the renewal of their Char ter. Sir, on all these occasions, although this has been tiie form in which the matter h.s originated in this House, I apprehend that then, as on the present occasion, such a propcsition has not been made to the H. , use without previous communication with the Direcrors of the Bank of England, aid without there being some negotiation with respect to it. Sir, on this occasion, I have telt that there are other interests besides those of the Bank of England directly concerned, and have not thought it nece-sary to make any communication with the Bank. Sir, the ques tion I have to bring for ward is one of very great importance to the commercial interests of the country. It is one in which the value of the property of every individual in the country is concerned, and not merely those engaged in commercial enterprise; therefore, in considering this sub ject, I have borne in mind the importance of it, and have endeavoured, to the utmost of my power, to bring forward such a proposition as will give general satisfaction and se curity to the monetary intr. est of the count, y. Sir, during the last session of Parliament, I thought it best, in prepara tion fur this proposition, to move fur the appointment of ri Select Committee. That Select Committee, as the Hesse is aware, sat for a considerable time ; and though they did not conclude the examination in a manner so us to enable them to make a lull report to the House, yet the information they gained, and the extent of the ingt:iries into which they entered, made me think the subject was sufficiently investigated, and I .lid not think it, at the be ginning of the pt esent session, desirable to move for the renewal of the committee. Sir, in the progress of that Committee, information was adduced which bad not previously been placed before the public—information with respect to the management of the Bank of England, and with respect to the state of their accounts, which I believe has most materially changed the views of many persons ; and I believe, at present, the public is inclined to look much mote favourably to the Bank; concern than on any former occa sion. Sir, I feel that I shall have to detain the House at considerable length in stating the propositions of Govern ment, and the principl e s on which they are founded ; and, therefore, I am sure that I shall consult the convenience of the House in immediately proceeding without prefatory observations to the substance of them. Sir, with respect to the principles on which the banking in this country and every where else, should be conducted, . ate sr ,to ' e a , 1 A the power of checking the amount nisei-Zoo bat `..1 will be just at times when th fit n i ainey s % a , rising, and the usurious laws gelf ("clohave their mischievous effect. This alteratio advan tazeous not only to the banking- tel:e * commercial interests of the countryl'benitiaq tea -- lieve no one can doubt that the consequence o bills not being to be discounted except at a certain iate of interest, does interfere very prejudicially with the mercantile interests of the eountry.—(Loud cheers.) Now, Sir, having stated these points, I come to that part of the question which applies to the actual situation of the Bank of England.—(Hear, hear.) The debt due to the Bank at present amount. to 14,600,000/. ; and it must he evident to every one who considers it, that it is not at all necessary that so large an amount of ountof givingc capital should be lock'd up for the purpose of securing th e B an k f rom i nso l vency . Th e fact is that this amount of capit a l was accumu l ate d, no t for the pur pose with itnheeodccafseieolnavl earydeve,cnu li ttle c r e it s y . to apl tp t r li n e heevne : ri a o n nw k isi b nc u o, t n: f .mo o p r poshi t hit h ,: e purpose of enabling it to accommodate the Government as essential to the security of the B ink ; and certainly' a considerable reduction. But we must take into cone eideration that although it was not contemplated for the purpose of giving security to the Bank establishment, yet credit is so very nice a thing and so susceptible —(Hear, hear, hear)—that it woold be most im prudent to do any thing which would, by possibility, be supposed to affect the credit of the Bank. Ido not, there fore, propose to make any reduction to a verb large amount. The effect of so vast an amount of capital being tied up is to render the expense to the Sc.ite very much greater than otherwise. The Bank Directors state that they lose at least one per cent. on the whole of t' eir capital ; and the consequence is, they claim that they should put this as part of the charge against the public, for which we are obliged to pay. An other point which I think ought to he taken into con. sideration is this, that the deduction which will now be made will not give the Company so great a ground of pre. ference as otherwise when this arrangement shall have terminated. I propose, therefore, that there should be reduction of 25 per cent. on this capital, whieh wil! leave the amount dire from the public to the Bank otidet 11,000,000/. Now, lam quite certain that no on.- will tieny that such an amount of capital. in addition to the 3,000,000/.0 of the other Bank capital will be quite sufficient to give security againet its issues. Now. it, this proposition I have maile a provision which must he considerably advantageous ro the proprietors of the Bank, and therefore I have ale.liaht I had a right to call on them to pay a sun. in consideration of the renewal of the Charter. I might have asked them to pay a large sum, but I am now to state that qa which the Directors have consented, and w t,id, will lie of advantage to the public. They will pay 120,0001. annual y, and that is to he deducted from the amount paid to the Bank by Government for the management of the public business.—(Hear, hear.) Now, in former periods, the Bank has paid for a renewal of its charter by a loan to the Government at a lower rate of interest than usually was charged. There are two pro positions or plane which I might have taken advantage of. I might have made the public share the profits of the banking business of the country, or I might have adopted that plan which I have now laid before the house, consi dering it better that the public should receive a fixed pay ment, instead of a fluctuating one. The amount which was spread over a large surface, as I calculate, would amount to 2,500,000/.—( Hear, hear.) 1 have endeavoured as shortly as possible to point out the course which I think it better at the present moment to adopt, and which I propose to the House in the resolutions which are now before it.—(Cheers.) I now come to another part of the question—that is the part which relates to the other banking business of the country. Sir, I propose the establishment of joint stock companies—l propose that all banks, with more than six partners, should be considered as joint-stock bank,. I also propose that all joint-stock companies shall he established by charter. By this I do not wish to interfere in the management of those banks, but I think it desirable that there should h e i t s the Charter a power to regulate the manner in which they should carry on their business, which. by these se solutions, is to be conferred upon them. 80-, certainly, it is not my intention that there should, in the charters, be any conditions which should have the effect of changing, or in any way of crippling, those establishments. Sir, with respect to Irish Stock Banks, there are two classes, one which issues notes, and the other that has no issue. I propose, Sir, that those joint-stock banks which issue their own notes should net be established at a less distance than 65 milts from the metropolis, and I pro pose that they shall not draw bills for sums of less than 501., in order that there may not be competition between them and the Bank of England. Although I propose that the Charter shall be for twenty-one years, yet I reserve to Government the right of giving notice of one year at the expiration of ten years, for its con clusion at the expiration of the eleven. I propose, Sir, that those Joint Stock B inks which issue notes shall invest half their subscribed capital in Govern ment securities; and those that do not Issue notes to invest one-fourth of their subscribed capital. Sir, I propose also, that those Banks which issue notes shall be liable to unlimited responsibility, and that those who do not issue shall have their liabilities confined to the amount of their subscriptions, or shares which shall not be for lees than 100/. each ; and that in neither case shall these Joint Stock Banks be holders of their own shares as proprietors of stock. And I propose, Sir, that the issuing Joint Stuck Bank shall publish their accounts periodically, that the public may be satisfied of their good management. Sir, with respect to the capital of these Banks, it is not nes cessary that I should define their required amounts, as these must of necessity be left to the discretion of Go • vernment. It is not, Sir, my intention to interfere with the private banks of the country, beyond a trifling altera tion in the stamp duties they now pay to Government. Instead, therefore, of having the option, as they now have, of payment of the duties, they shall be compelled to pay a stamp duty of '7s. per cent., the same as the Bank o England. This, Sir, will enable the public to know what amount of paper they have in circulation ; and I think it will be desirable that that should be known, that the amount of country bank paper in circulation should be ascertained; and it is also desirable to know the general amount of assets to meet them. With this view, there fore, Sir, I propose—not that the affairs of any individual bank should be made public, because I am satisfied that, . . however right it may be in public banks that their affairs should be known, that principle will not hold good with respect to private ones, because many persons might be ruined by the adoption of such a course:— ( Hear.) What, therefore, I propose Sir, is, that a statement of the accounts of each should be sent up in a confidential paper, that those accounts shall net be pub lished separately, but all shall be added together and then published, showing the sum total in circulation and the available assets of the country bankers to meet Having now stated my propositions, I will merely lay the resolutions before the Chairman to be read, and will afterwards move that they be printed, in order that they may obtain a full consideration on a future day. I know that the tendency of my propositions would almost be to make but one bank of issue, but no man would propose that such should be the actual case. If a banking system were to be now established for the first time, that might perhaps be desirable, but I have made it the interest of joint stock banks not to issue their own paper, and, there fore the Bank of England issues may be increased. The Noble Lord then handed to the Chairman a series of resolutions, embodying ; the details of his speech. We give their substance as well as we could collect it, Br they were hastily read by the Chairman to the following effect: " That it was the opinion of the Committee that it was ex pedient to continue to the Bank of England for a limited period the enjoyment of certain privileges now vested by law in that Corporation, subject to provisions to be hereafter made. " That provided the Bank of England continued liable as at present to defray the current coin of the realm all its existing engagements, it was expedient that its promissory notes should be constituted a legal tender for sums of 51. and upwards. " That one-fourth part of the debt at present due by the public to the Bank be repaid during the present session of Parliament. " That the allowances to the Bank on the management of the national debt, and other public business, be continued, sub. ject to an annual deduction of 120,0001. from the remuneration at present assigned for that purpose. " That the laws restricting the interest of money to 5 per cent. be repealed, so far as concerned bills not having more than three months to run before they become due. " That it was expedient that Royal charters be granted for the establishment of joint stock banks within a certain distance from London. " That all banks should enter into a composition in lieu of stamp duties, at present chargeable at the rate of 7s. for every 1001. issued in notes. " That it was expedient that a Bill should be introduced into Parliament to regulate country banks, the provisions of which should be such as to encourage Joint ►tock banking companies in the country to issue the notes of the Bank of England." Tne resolutions having been read by the Chairman, Mr. BARING then rose, but was for some time in audible in consequence of the noise occasioned by Mem hers leaving the House. We understood him to give the Noble Lord (the Cbanc,elloe of` the Exchequer) every the matter as clear as such a subject could b f e or resolutions thought, of course, the would. be printed, and time, gives for the consideration of dosntaet.ingHe