The Sun. — London, England, 1833-07-11 00:00:00

The European settlers ought to be encouraged by all possible means, and the agriculture of the country was beet provided for by the labour of Europeans. He did not object to allow the Government still to remain in the hands of the East India Company, but he thought it should be for a shorter period than twenty years. He thought that ten years would be sufficient. Mr. MACAULAY said, if the Company was a►lowed to continue its China trade, it was impossible that it should be able to advance any thing towards the expenses of the Indian Government. There was a long account between the Company as a trader, and the Company as a merchant, and it was impossible that that account should be settled, so difficult was it to distinguish be• tween the debts incurred in the two several characters. No one could truly say what were commercial and what were territorial assets, and yet it would be unjust to apply one set of assets to the payment of debts incurred upon another account. No lawyer could successfully assist in the arrangement. The common principles of the law of this country were not applicable to the gigantic Com pany, that was a Sovereign in one hemisphere and a subject in. another. Under these circumstances, as it was impossible that the case could be adjudicated, it became necessary that the matter should be compro mised. That the compromise had been fairly made between the country and the Company was evident from the fact, that it bad been equally censured as too favour able to the tertitorial, and as too favourable to the corn- mercial interest. If the prediction of the most violent partisans of the Company were verified, the Company would have 30,000,0001.,—if the predictions of their worst enemies were verified, they would not get one shil ling. As to the price of India stock having risen within a few days, the fact was, it bad only risen to the same amount at which it had stood four or five years ago, be fore the excitement had been created in the public mind by these discussions on the East India Company. It was not to be wondered at that now, when the whole matter was satisfactorily arranged, the price of stock should have recovere. If it were true, that they had given 100,0001. in a matter of 20,000,0001., still, if they gave the people. Good institutions, under which property could be secured and could accumulate, they would be conferring a cheaply 1p urc h a sed benefit on the country ; and if they did not give the country those institutiens, if they saved several hundred thousands, they would but be guilty of doing mischief. Then they came to the great question, whether it was desirable to retain the Company as an aid to the Government in administration of government in India. In resolving that question, they had endeavoured to give a good government to a people to whom it was impossible to give a free government. If the matter related to an European country, they could at once have answered the question of what Government they should institute, by setting up a representative Government. But they could not set up that in India, and therefore they were obliged to give such a Government as the people would bear. It was proposed to give to the Supreme Government the power of legislating for Europeans, in the same manner as it now possessed the power of legislating for Hindoos. the present state of the law in India left everything in the utmost confusion ; and there was no one acquainted with our oriental possessions who would not readily acknow ledge that tbe present was a most favourable moment for introducing into India a new and practical code, fitted to the wants and adapted to the genius of the people of that country—a country in which there at present prevailed— not law, but a sort of rude and capricious equity, which formed an insuperable barrier to tbe progress of civiliza tion. There was another part of the subject upon which he desired to state his sentiments most explicitly : it was that which had reference to the admission of Hindoos to office. He protested altogether against their exclusion. With a knowledge of British arts, the people of India might acquire a desire for British institutions, and he should never be a party to any thing that might avert or retard that happy consummation, come when it might. Let England seek only to establish that empire, which would be immortal--the empire of her morals, her lite rature, and her laws. Mr. C. W. WYNN agreed that all offices ought to b e open to the natives of India, and agreed also in some of the provisions of the Bill; but he regretted that it should have been brought forward at that late period of the session, for he thought it important that that part of the measure should be agreed to. He objected to the Council which it was propos d should assist the Board of Control, that the Di rectors of whom it was composed could neither be known nor responsible to the proprietary who elected them. Ex perience had shown that the numb r of Directors might be safely diminished. With respect to the revenue of India, he was afraid that there would be a deficiency next year. As to reduction, he thought that bad been carried as low already, both in the army and civil service, as it could with safety be carried. Mr. ANDREW JOHNS TONE called upon the Right Hon. Gentleman, the President of the Board of Control, to give the Presbyterian Church that prominence in India which it merited. Mr. O'CONNELL commenced by eulogizing the speech of the Hon. and Learned Member for Leeds, as being characterized by sound politics and humane sentiments. He now only rose to dissent from some of the details of the Bill. His first objection was to the 20 years' lea , e of India to the Company, which he considered as binding that country too long. His next objection was to the pecuniary bargain, which he considered too hard upon the people. Why, again, should 1874 be allowed to pas 4, before the country was allowed to disencumber itself of the burdens laid upon it by this Bill ? He regretted, too, that no declaration was made in the resolutions, that the mo nopoly of opium and salt should be abolished. Mr. 11. TODD made objections to some parts of the measure. He objected particularly to that clause which abolished slavery. An Hots. MEMBRA agreed with the Hon. Member for Dublin, that means should be taken to give security to landed proprietors, and encourage agriculture in India. Mr. WALLACE expressed his unqualified approbation of the measure. Mr. EWART agreed with the Hon. and Learned Mem ber for Dublin, that there were some symptoms in the measure of a wish on the part of the East India Company, to drive too hard a bargain ; and he regretted that he had heard nothing said of the abolition of the monopolies of salt and opium. His constituents hat, three years ago, exported 340,000 tons of salt, which showed how great the East Indies must suffer by the monopoly. Mr. C. GRANT would only say a few sentences in answer to the suggestions made by the House. The Right Hon. Gentleman, after eulogising the speech of the Hon. and Learned Member for Leeds, exprested his satisfaction, and the satisfaction of his Majesty's Government, that the measure had met with the approbation of the House. He would not enter into the details of the measure at present, as ample opportunity would be afforded in the after stages to discuss them. The main principle which recommended this measure, he had no doubt, was, that they were legis lating for the good of India ; and that, throwing aside all ideas of wealth and commerce, they were bound to egislate for the countless millions of that empire which Providence bad placed under our control in India. He thought that be could make out to the satisfaction of the House, that when the a-sets were realized, there would he a surplus of between three and four hundred thousand pounds. There were two main features of the Bill ; the one was the annexing of a fourth Presidency in the Upper Pro vinces, and the other, the arming of the Governor- General with extraordinary powers of legislation. Neither of these features contained new principles. From 1808 there were documents to show that the Company's servants were of opinion that there should be some control over the Western Provinces, for they were distant from the other provinces, and required peculiar protection. The state of those provinces was disgraceful to the Government, and the evils that prevailed among them were justly ascribed to the want of peculiar inspection into them. The circumstance of admitting Europeans w ith greater facility into India was connected with this part of the measure. Those piovinces were far better adapted than others, on account of their soil and climate, for the development of European skill and capital ; and, unless the Government in those Upper Provinces were strong, for the protection of the natives, it would n ot be right or possible to admit Europeans into them. In reference to the Government of Bengal, Lord W. Bentinck two )ears ago suggested similar principles. With respect to the additional powers proposed to be given to the Governor General, the only difficulty started was, that unity of control over the provinces might cause uniformity of sys tem. That was the great objection; but he did not see that unity necessarily involved the uniformity dreaded. The uniformity required was one of discipline and regula tion, which would be consistent with the difference of castes and regions. When additional power was granted to the Governor General, at the same time he should be enabled to wield that power ; and, as there was not sufficient talent now to enable him to wield that power, it was proposed to augment th e n um b er o f t h e Supreme Council. Though be was aware of the advantages that would arise frem the admissi on o f Europeans with greater facility into India, still he would never consent to this admission unless the natives had equal protection afforded to them. Let the doors of that magnificent empire be thrown open—let Europeans go thither, not as enemies but as auxiliaries to the natives, and then he doubted not but mutual blessing would be heaped on the two countries. Mr. C. FERGUSSON said be was perfectly unfettered as to his vote on certain details of the measure. He should DUKES. Cumberland Beaufort Newcastle Northumberland Wellington Buckingham MARQUISSES. Salisbury Abercorn Bute Cholmondeley EARLS. Westmoreland Sandwich Doncaster (Duke of Buccleuch) Abingdon Morton Leven and Melville Selkirk Orkney Dartmouth Delawarr Bathurst Digby Beverley Mansfield Wicklow Belmore Caledon DUKES. Leeds Manchester Dorset MARQUISES. Exeter Aylesbury Camden Thomond EARLS. Pembroke Winchilsea Plymouth Poulett Home Airlie Macclesfield t9raham (Duke of Montrose) Warwick Mount Edgcumbe DUKES. H R. H. the Duke of Sussex Somerset Richmond St. Alban's Devonshire Cleveland MARQUISES. Lansdowne Westminster EARLS. Suffolk Thanet Albemarle Radnor Hillsborough (Mar quis of Downshire), Clarendon Cadogan Charlemont Craven Gosford Rosse Grey Morley Camperdown Lichfield Ripon VISCOUNTS. Dunmore (Earl of Dunmore) DUKE. Norfolk Bedford Portland Sutherland MARQUESS. NVinchester Anglesea not object to the establishing of a fourth presidency ; but he thought there was danger in granting furthkr power to the Governor General, and the danger was,it miPlit weaken other presidencies. The Bill was then read a second time, and ordered to be committed on Friday morning next. BURGLARY BILL. Mr. EWART moved the second reading of this Bill. The SOLICITOR -GENERAL thought it would be better to allow further time, in order to complete the mea sure, and define more properly the crime of grand burglary. He therefore objected to the second reading of the Bill, and hoped that it would be allowed to stand over until the next session, when he promised his co—operation to perfect the measure. A short conversation took place as to the propriety of deferring the measure until the next session. Mr. AGLIONBY suggested that the Bill should be allowed to be read a second time, and afterwards referred to a Select Committee. Mr. EWART consented to the suggestion. The Bill was then read a second time, and ordered to be referred to a Select Committee. The Committee was appointed. IMPRISONMENT FOR DEBT BILL. The SOLICITOR-GENERAL said, that in conse quence of what had recently occurred in another place, he did not feel himself in a situation to press this Bill to Committee, because the Judges under the Local Courts Bill, were to have carried the provisions of his Bill into effect. But he hoped that he should be enabled to make an arrangement, by which the Commissioners of bankrupts might enforce the provisions of his Bill. Under these circumstances he would move that the Committee on the Bill be postponed till Wednesday next. The other orders of the day were then disposed of, and the House adjourned at a quarter to two o'clock. LOCAL COURTS BILL. MAJORITY PRESENT. EARLS. Rosslyn Limerick Charleville Lonsdale Harrowby Harewood Verulam Brownlow Beauchamp Glengall Eldon Falmouth Vane ( Marquess of Londonderry) I Cawdor VISCOUNTS. Sidmouth Gordon (Earl of Aberdeen) Beresford BARONS. Willoughby ~le Broke Saltoun Colville Hay (Earl of Kin. noul) Boston Southampton Rodney PROXIES. EARLS. Norwich (Duke of Gordon) Fortescue Longford Enniskillen Lucan O'Niel Wilton Clancarty Powis Orford I St. Germain's Bradford VISCOUNTS. Arbuthnot Sidney Doneraile Lorton Gort Exmouth MINORITY. PRESENT. PRESENT. VISCOUNT. St. Vincent BARONS. Audley Willoughby d'Eresby Dacre Stourton Paget (Uxbridge) Howard ofEffinghare Say and Sele Stafford Byron Gower Elphinstone Holland Vernon Sundridge (Duke of Fo A t r y gyll) Suffield Auckland Lyttleton Dundas I Lilford Dunally Alvanley Monteagle (Sligo) Granard (Earl of Granard) Melbourne (Viscount Minster (Conyng. ham) Gardner Glenlyon PROXIES. EARLS. Granville Leinster (Duke of BARONS. Howard de Walden Grey of Groby Petre Clifton (Earl of Darnley) Dormer Clifford Pons onby (Earl of Besborough) Montfort Sherborne Dorchester Mendip (Viscount Clifden) Yarborough BARONS. Montagu Kenyon Saltersford (Earl of Courtoun) De Dunstanville Rolle North wick Carbery Dufferin Redesdale Ellenborough Arden Sheffield (Earl of) Manners Prudhoe Colchester Clanbrassil (Earl of Roden) Maryborough Ravensworth Forrester Penshurst (Viscount Strangford) Wharncliffe Feversham Lyndhurst Melross (Earl of Had. dington) Cowley Stuart de Rothsay Wallace Wynford BARONS. De Roos Clinton Forbes Sinclair Monson Grantley Tyrone (Marquis of Waterford) Carrington Hopetown (Earl of) Churchill Harris Kerr (Marq.Lothian) Oriel (Viscount Fer rard) Delamere Downes Wigan (Earl of Bal. carras) Heytesbury Clanwilliam (Earl of Clanwilliam) EARLS. Essex --- Carlisle Ferrers Tankery il le Cowper Buckinghamshire Fitzwilliam llchester Spencer Durham Present Proxies -134 THE LORDS' DIVISIONS YESTERDAY. — The following is a copy of the entry on the minutes of the proceedings of the House of Lords, respecting the divisions, yesterday morning, on the Local Courts' Ju risdiction Bill, brought in by the LORD CHANCELLOR Local Jurisdiction Bill.—Order of the day for 3a, and the Lords summoned, read. Moved, that the Bill be now read 3a ; objected to ; and an amendment made to leave out (' now') and insert (` this day six months'). After long debate, of fence being taken at some words spoken in the debate, moved that the Standing Order No. 15 be read ; and the same was read accordingly. Then the question was put, that (` now') stand part of the motion. It was resolved in the negative. Then the question was put, whether the words (`this day six months') shall be there inserted? Contents 76; Not Contents, GS. A question arising, whether some Lords had come into the House after the question was put, not having heard the question put, the tellers were heard ; and certain Lords declared that they had so come in by mistake; and the numbers were reduced accordingly ; Contents 73 ; Not Contents, 68. It was resolved in the affirmative; and the Bill ordered to be read 3a on this day six months." [lt is curious that in this entry the numbers of the first division do not appear.) In preparing the Act of Parliament for the new Charter of the Bank of England, a deviation has taken place from the spirit of Lord A LTHORP'S proposi tions to the Directors, which is a subject of serious com plaint with a portion of the moneyed interest. By the first draught of the proposed Act it is not permitted even to establish joint banks of deposit within 65 miles of London, which is affirmed to be a perfectly gratuitous exclusion by the Government against the interests of the public. The Bank Directors in their correspondence only stipulate that banks with more t h an s i x partners s h a ll not b e a ll owe d t o circulate notes within that circle. The following is the number of country towns having banking firms within 65 miles of London :- 6 towns, 60 to 65 miles from London 9 banks. 17 50 to 60 ditto ditto 32 8 40 to 50 ditto ditto 8 16 25 to 40 ditto ditto 20 13 under 25 ditto ditto 13 60 towns, having 82 Lord ALTHORY'S original proposition was to confine the exclusive rights of the Back to within 25 miles of London, which would have affected only 13 towns with 13 country banks, whereas he now proposes to exclude 60 towns with 62 banks. it is said that the Right Reverend turtle d oves , who went away in pairs, are five in numb er . Verily the Bishops are an un-English race; and as they have dis played this new doctrine of secret voting, they will of course advocate the Vote by Ballot when a Bill for that puri)ose shall come to the Upper House. The English Spiritual Peers unluckily cannot be cashiered or rusticated ; hutwe think that what the Crown cannot do to relitve them of their legislative duties, the people soon will. LONDON, THURSDAY EVENING, JULY 11, 1833. We have heard, from what may be considered good authority, that the French Government have made a communication to our Ministry of great importance, in the present state of Por tuguese affairs. So long as England deemed it expedient to withhold her recognition of Donna MARIA, France refrained from doing so, in deference to our Government, and a sincere disposition to act in concert with England. But a circumstance has occurred within the last few days which compels France, however reluctantly, to act on her own account. The fact of Marshal BOURMONT, a Carlist General, having entered into the service of Don MIGUEL, renders it impossible for the French Government to look on the war in Portugal with unconcern, the more so, as there is great suspicion that the affair is connected with Car list plots in France. Louis PHILIP has, there fore, intimated to our Government that what was hitherto a matter of expediency with him, has, at length, become one of necessity, and that he intends at once to recognise Donna MARIA Queen of Portugal, de facto as well as de jztre. In this determination he trusts that England will join ; but whether she will or not, France has no longer any alternative. This prompt decision on the part of France will settle the pretensions of the Usurper ; and we do hope that England will see the necessity of acting in the same spirit. Indeed the wonder is that the monster MIGUEL should have been suffered to outrage humanity so long. Lord BROUGHAM, in the course of his magnificent speech on the Local Courts Biil on Tuesday, told the House of Lords that " he was not there to flatter them—he neither gave nor would he take flattery ; he would neither be its victim nor its dispenser ; he would state the plain truth, which, less palatable though it were, was much fairer, and he told them plainly that if this Bill were thrown out, it would in no way whatever relax any efforts of his in the cause of Law Reform ; and whoever expected that it would damp or discourage him in the prosecution of measures for the good of the King's subjects, reckoned without his host." The declaration which follows that sentence, stating his chief motive in taking office to have been the hope of effecting the reforms in the law on which his mind had so long dwelt, must now be read with melancholy by all who have sympathized with him in his philanthropic feel ings for the victims of the law's delay, and who now drink with him the bitter cup of disap pointment which the party spirit of the Tory Lords have forced upon him. Nevertheless, true to the declaration he made on Tuesday, his Lordship, mortified but not discouraged, defeated but not repulsed, still borne along by his unquenchable ardour in the cause of the people, last night gave notice that he should this day move the second reading of the Chancery Regulation Bill, the proposed alterations in it being com pleted. We wonder if the noble Conerva tives, who threw out the Local Courts Bill, having about as much knowledge of the subject as their coachmen (who, indeed, have pro bably more knowledge upon it from hav ing, possibly, been sufferers by the present system) will also throw out this Bill. Perhaps not, because they themselves suffer by Chancery abuses; whereas, it was the poor only who suffered by their rejection of the Local Courts Bill. What will my Lords ELDON and LYNDHURST say to the new Bill ? The first for five and twenty years reigned in the Court of Chancery with uncontrolled power. His smallest motion for reforming its abuses would have been at once complied with, but he preferred to see grow around him abuses which have at length made the name of what was miscalled a Court of Equity, a by-word, expressive of injustice and ruin. That atrocious monument of his wavering imbecility—of his guilty negligence in not insisting upon the abolition of the practices against which all men cried shaine,theSuitors'Fund kept growing under his eye without an attempt on his part to stop the vexatious delays, the justice denied, the ruin of fortunes, which, year after year, added to the pile, till at his retirement it showed the enormous sum of nearly 40 ,000,0001. Forty millions ! What a mass of wrongs are sum med up in those two words. Lord LYNDHURST did show a disposition to cleanse the Augean stable in whose filth his predecessor had wallowed ; but his attempts had about as much chance of ultimately attaining a useful result, as Captain PARRY would have had of finding a north-w es t p assage by me lting the Polar i ce i n pint-pots. They have both the good fortune— or, perhaps, looking to their feelings, we should say, ill fortune—to have lived long enough to see a man take their place, who, instead of lamenting the evils by which he is surrounded with the tears of dotage, or checking them with an infant's feeble touch, grasps them with the hand of a giant, and promises, if not to uproot, so to shake them as to render future vegetation impossible. It remains to be seen whether the feelings which actuated the two Noble and Learned Lords in getting up a party opposition to the Local Courts Bill, will carry them so far as to refuse the CHANCELLOR the power of putting an end to some of the abuses they so long tolerated—if they did not sanction. We have reason to believe that there is no truth in the report of MiGum.'s fleet being at sea. It is true that the persons on board the City of Waterford did see some vessels in shore of them ; but the distance was too great and the weather too hazy for them to discern exactly the character of the vessels. We beg to ask his Grace of WELLINGTON, the Noble Earl of ABERDEEN, my Lord BE RESFORD, and other Lords of the same stamp, on what night they propose to bring forward a motion complaining of the conduct of his Ma jesty's Ministers, in permitting Mr. SAMPAYO and other individuals, agents of the tyrant of Portugal, to purchase steamers, enlist officers and seamen, and make shipments of stores and every materiel de guerre for the account of their master, Don MIGUEL ? The seamen crimped into the service at Ply mouth and Portsmouth, left the steamer, George the Fourth, on the eve of her departure, with Marshal de BoultmoNT on board, swearing they were deceived, and would never fight against the Infant QUEEN and Portuguese liberty ; and we have no doubt the two hundred men who have been procured under similar false pretences in the river, to be embarked on board the United Kingdom in the course of this week, will follow the noble example set them in the western parts, and equally dis appoint Mr. or Lieutenant ELLIOTT, alias JONES—as well as the Portuguese Consul- General—or whoever else may be the principal agent in this degrading business, for degrading it is that any British subject should be found capable of carrying arms against a State fighting for her liberty—her constitutional charter—and against a Tyrant, pronounced even by his greatest Tory friends to be every thing that is vile and despicable. We have seen letters from Lisbon of a recent date, which state that in consequence of the Constitutional movement in the Algarves, and the general improvement in the prospects of Don PEDRO, orders had been sent by the Usurper to the commandant of Elvas to prepare for a reinforcement of the garrison, and arrange ments had been made for supplying that im portant fortress with every thing necessary for a continued occupation. Several chests, said to contain valuables belonging to Don MIGUEL, had already arrived there, and others were ex pected. It appears to be the intention of the Usurper, in the event of his losing possession of the capital, to retire to Elvas, and make it the seat of his government. As this fortress is close to Spain, he would have oppor tunities of communicating with the Spanish authorities, or those influential persons in Spain who are interested in support ing him, and it is not improbable that in such case, Don CARLOS would accompany him, as he would then be at hand to take advantage of any demonstration by his partisans in Spain. Situated as Elvas is, MlGutsr, would be en abled to defy the power of the Constitutionalists, unless foreign interference should be used to dis lodge him. The inhabitants are nearly all Miguelites, as was proved by the various at tempts which they made to overpower the garri son during the rebellion of CHAVES. We cannot suppose, however, that our Government, having once recognised the Government of Donna MARIA, will permit the Usurper to re main in Portugal for the purpose of keeping up civil war in that country. It is a fact that the agents of the usurper of Portugal have purchased the steamers George Me Fourth and United Kingdom, and reports were yesterday current, on the Royal Exchange, that they were in treaty for a third, to convey not only various stores and ammunition, but also seamen and officers, for MIGUEL's fleet. Now as we are not sufficiently learned on the subject of the law, we beg to ask, whether these vessels, actu ally and bona fide purchased, nay paid for, or security given for the payment, can legally leave their country under British colours ; and whe ther, if met with at sea, by the fleet or cruisers of Don PEDRO, they may not be legally cap tured ? It may be the case, that in the sale of the vessels, it is conditioned to deliver them in Portugal, or at some fixed point ; but as this is a mere colourable part of the transaction, we confess our opinion is in favour of the legality of the captures, should it take place. The comparative uselessness of the Bank of England to productive industry is as little known as the operation of its power of expanding and contracting the currency which is again to be conferred upon it, or the consequences of making bank notes a legal tender in the way proposed by the Bill brought in by the CHANCELLOR of the EXCHEQUER. The average amount of Bills on hand dis counted by the Bank last year, appears, from an account furnished by itself, to have been only 1,588,6001., with a circulation then amounting to about 18,000,0001. Now we know there are few country bankers whose circulation amounts to 1,800,0001., and yet there are some of them whose average discounts on hand exceed 18,000,0001.--that is, country bankers, with an issue ten times less than the issue of the Bank o f England, assist productive industry ten times more than this over-issuing establishment. We know further, that the total amount of bills constantly on hand, discounted by country hankers, is not less, perhaps, than 300,000,0001., while the whole circulation of all the country bankers is less than one half of the circulation of the Bank of England—that is, with a circu lation less than one-half of the circulation of the Bank of England, country bankers do ten times more for productive industry than this monopolizing Corporation. The discounts of the Bank of England have diminished since the year 1810, when their ave rage amount on hand was 20,070,6001. The Bank avoids discounting, because notes to au amount equal to the bills discounted come back upon it, as these bills become due. But it delights to purchase exchequer bills, and to make such like investments, because the notes so issued do not come back upon the Bank, but go into deposit with bankers in the metropolis, who thus have an interest in the over-issues of the Bank, because an increase of its issues in creases their deposits, while the interests of the Bank and of metropolitan bankers are thus op posed to the interests of the country at large. The Ministry of the present day have ven tured upon a perilous experiment. When the country shall again suffer, as it has suffered, through the over-issues of the bank of England, it will call to mind that, in the year 1826, the late Lord LIVERPOOL and the present Lord RIPON thus wrote to the Directors of the Bank :—" With respect to the extension " of the term of their exclusive privileges in " the metropolis and its neighbourhood, it is " obvious from what passed before, that Parlia " ment will never agree to it. Such privileges " are out of fashion, and what expectation can " the Bank, under present circumstances, enter " tam that theirs will be renewed. But there is " no reason why the Bank should look to this " consequence with dismay. They will remain " a chartered corporation for carrying on the " business of banking. In that character, they " will, we trust, always continue to be the sole " Banker of the State ; and with these advan " tages, so long as they conduct their affairs " wisely and prudently, they always must be " the great centre of banking and circulation." The intimation thus given to the Bank by the Ministry of 1826, the present Ministry have set at nought. They not only proposed to continue the exclusive privileges of the Bank in the metro polis and its neighbourhood, but to extend these privileges all over England, and they would have succeeded if the country bankers had not roused the good sense of the country in support of its interests. We repeat, the present Ministry have ventured upon a perilous experiment. Public opi nion, in the long run, never fails to come right. It was ❑ot to have been expected that any Mini-- try, after the declaration of the Ministry of 1826, would have supported any monopoly ; but, least of all, was it to have been expected from the pre sent Ministers, that they would not only sup port, but extend, the most mischievous monopoly that ever existed. When public opinion shall become right, of what avail will be the support of the Bank of England, or of metropolitan bankers ? The Ministry will then find it of less use to them, than the Bank of England is now to productive industry. Mr. O'CONNELL has postponed, until Tues day next, his motion in the House of Com mons, that it is expedient to establish Courts of Local Jurisdiction. This postponement is to the day after the second reading of the Irish Church Bill in the House of Lords. We perceive by a Parliamentary return made to the House of Commons, on the motion of Mr. BALFOUR, that 40,4341. remain due by about 100 Irish distillers under the Act 4 Geo. IV. cap. 94., and about 1,8231. for sums due under the Ist Will. IV. cap. 49 ; whilst it ap pears, by a similar return from Scotland, that the distillers of that country have paid up all demandable of them under the two above men tioned Acts. This must put these Scotch dis tillers in an unfair position ; but we trust that it is not the result of greater severity being practised towards them than towards the Irish distillers, or of improper indulgence being shown to the latter. The same measure of justice should be dealt out to both parties. The Journal des Debats, of Monday, con tains an article which appears to have produced some sensation in the political circles at Paris, and which hints that the French Government is disposed to treat as an act of invasion, any attempt made by Austrian or Prussian troops to occupy any of the minor States of the Con federation, and appeals to the treaty of Vienna for the maintenance of the independence of each State. FRENCH FUNDS.—PARIS, Aux 9. Five per Cents., 10If. 25c. 30c. 20c. Four per Cents., 941. 50c. Three per Cents., 77f. 40c. 45c. 30c. Rente de Naples, 92f. Isc. 921. Roman Five per Cents., 91%. Rente d'Espagne, Five per Cents., 154 %. Rente d'Espagne, Three per Cents., 45% k Royal Spanish Loan, 8887%. Rente Perpet. d'Espagne, Five per Cents , 74 73 3 % % Belgic Loan, 1831, 944. EXCHANGE ON LONDON. One month, paper, 26f. 55c. ; money, 25f. 5 0 c. Three months, paper, 25f. 55c. ; money, 25f. 50c. —Cours Authentique. A letter has been received from a gentleman, who had been banished to Castro Marim, and liberated, with others, by the expedition under the Duke of TERCEIRA, stating that it was expected the Duke would enter Beja, the capital of Alemtejo, on the Ist of this month. The possession of this city would be equivalent to the command of the whole province. Yesterday forenoon there was a meeting of Opposition Lords, at the Duke of WELLINGTON'S house, Piccadilly, among whom were the Duke of BUCKINGHAM, some other Noble Lords, and two spiritual Peers, all of whom voted against the Local Courts Jurisdiction Bill. The party continued i❑ deliberation till past one o'clock, and separated a short time before the KING arrived in town from Windsor, to hold a levee at St. James's Palace. Much importance was attached to the meeting at Apsley house, and the general inference was that it related to the plan which it was roost advisable to pursue by the party, with respect to the Church Temporalities Bill. Yesterday an old gentleman, who had been receiving a considerable dividend at the Bank, and who had taken some pains to stow away carefully his roll of notes, thought, as he was leaving the office door, he would see whether his roll was perfectly safe. To his consternation he found his pocket empty; the poor old gentleman's heart began to flutter—an alarm of thieves the police officers came rushing round him—it was ascer tained no thieves had been in the office—the room was searched—and, after all, the old gentleman discovered the precious roll stuffed in between his waistband and slur', instead of into his pocket. In this port the ship-builders are at present very busy ; and in anticipation of the opening up of the East India monopoly, a couple of large vessels intended for the China trade, may just now be seen on the stocks. The timbers of one of these have been complettly laid; and it is expected she will, when finished, be as beautiful a vessel as ever left the Clyde.— Greenock Intelligencer. A paragraph in the Journal du Commerce of Sunday last, announces a very alarming circumstance respecting Mr. HOPE, the banker, of Amsterdam, who had for a long period resided in Paris. It appears that about ten days since he won at F R ASCATI'S, Rue Riche. lieu, a sum of 200,000 francs (8,0001.), with which he left for his residence at one o'clock in the morning, and has not since been heard of. IGNORANT IMPERTINENCE.—The Inde pendents have recently erected a new chapel at Cirencester. Earl Bathurst gave them the ground, and other church men presented donations of 501., 20/., &c. &c. This liberality excited the envy of a stupid bigot, in the shape and guise of a Parson, in the neighbourhood, who repre sented their liberality as " Treachery," " the sin of schism," and such worn-out stuff of the by-gone age. Alas,poor-fellow he is too late ! Fire and faggot is ❑o longer at the command of intolerant bigots. —Stamjin d News. I MPER IA I,I I A M A 'AM EN THIS DAY, THURSDAY, JULY 11. nvi r'ojitweg.(.' Secret.; °ocmif.demtosiii' Mould go ii considered. Mr. CH till the next Mr. D. B HOUSE OF COMMONS. Committee. The SPEAKER took his seat at a quarter past twelve, inspect the about sixty Members were present. the Bill. OBSERVANCE OF THE SABBATH. _„‘ Lord ON On the motion of Mr. PETER, the debate upon the da Sen igi; reading of the Bill for the better observance of the Sahrulf forciemxo ptmrrampoovpuiretrdbteieltsinehenatcl was resumed. Mr. A. JOHNSTONE rose to speak, but he was l e Committee, rupted by Mr. LITTLETON, who said that he understood the dly . ; et c li. o lae m rott,i m t..hei e te n tyl d atpihrp tl i, sion upon the Irish Grand Juries Bill was fixed for this "Jil a ses tnhd s a i t t , s id n ua . ypr T it ing, and therefore he would feel obliged to the Hon. Ble l , n t o o w nsm it i w tt o ee u , k if he would postpone the discussion on the Sabbath ObserVY h Pr e a a c r ti w ca h b a l t e h Bill. ri the Select C Mr. PETER consented to postpone it until next Tuen t w h i e th ap i po t ? intr, to which day it was adjourned. Mr. H. G IRISH GRAND JURIES BILL. On the motion of Mr. LITTLETON, the order of the the further consideration of the report on this Bill was and it was ordered to be re-committed to a Committee of v',lo fotit*hnsmeAtithorAe.plinore.:ol:bei whole House. The SPEAKER then put the question, that he do leave nlittee had chair. I, Pen the Major BEAUCLERK wished to put a question to the 1 4 of the Lord opposite (Duncannon) which he had been requested ,; He was not many of his constituents to put ; it was, whether the r o e. ► Lord would permit a more free passage for the public to' , use of delay James's Park by Story's Gate ; he meant that persons shy' pass through in hackney coaches and cabriolets, but of cel l° , he did not include carts and waggons ? Lord DUNCANNON said, he knew that from the gr:' Hon. Memb4 number of persons in that part of the metropolis, and 1 ' great intercourse with Pimlico, it was highly desirable that' Mr. GR A more free communication should be made by way of Birded l i s walk. He had taken his Majesty's pleasure respecting Mr, GT ( and his Majesty had been pleased to signify ci ; command that arrangements should be made to that object into effect.—(Hear, hear.) It was intended to erected from Story's gate, where the temporary wooden rad, un . r e ins as a now was, and to allow all carriages to pass that way. Fr°, d . Lord Du ] the narrowness of the road, however, waggons, carts, 0 01 : o ld not rep', buses, and stage coaches, would be excluded from We i " -PPesi te, it • that way. Colonel CONOLLY rose and expressed his hope, that an' gr. s erge. the strong desire manifested by the Irish M em b ers, and en the Bill b ' great portion of the Committee, his Majesty's Gover. for from ment would consent to postpone the Iri s h Grad : er 131 1b5a . _ Juries Bill to next session. —(Hear.) At p resen t it 1 " - P e ration o such a crude measure that if it were pressed forward, it we" tenants, ash. carry with it nothing but the inconveniences of change with: t _ l4 Hon. aor producing any benefit. He hoped his Majesty's Governe the would show some difference to an opinion so strongly 1: in : approve, pressed respecting the Bill, and would for the pres',L,C ri wh o with it and bring forward a well-digested mean Th e Grand next session. At present he believed the measu l j Jo e Prin,;, h to be utterly impracticable, was partial in its enactments,'" "oic ,e . did not go to the root of the evil. The Irish Members vi: 0 1 only desirous of forwarding the intentions of Ministers, / ..i: a "lnpr mi , 4 their opinion was entitled to some consideration. .„' would uubl* • a " Mr. RUTHVEN hoped the Noble Lord opposite would 0 , i t ni in an take the opinions of the Hon. and Gallant Officer as those oft' e P m e d and 4 , whole of the Irish Memberstrusted that the Bill would i proceeded with, so that any amendments which it was capable , s ' o lntsi t might be introduced. The present rotten system ought net' rn a L n a mend be suffered to continue any longer, for it was the greatest clay" h., a ces s. that Ireland had. Although some parts of the Bill were obi,e'r - s "" e influ x tionable, yet many portions of it were exceedingly benefici al ' r th, particularly that part which did away with the necessity 0- , - ' r • Ltpi i very useless and shameful oaths. o ° l3 n s e e rv ic t r ed th Lord DUNCANNON said he thought it would be highly 1 - S ee _ - .on proper in him to withdraw the Bill, after it had been Oi hat 'otary for long before the House. It was before the House last sessio * tw o , co uld and was then printed and sent to Ireland, and soon after it y et „rilain h i commencement of this session it was again introduced by b' Right Hon. Friend the now Colonial Secretary (Mr. Stanleihad cons this It had also been two months before the Committee, an d h • Mr lilted had as much discussion as any Bill that was ever intl . '', nn it " Glivy duced. He would detail a few of the alterations whi v th ee ' the Bill would effect ; it would associate those who paid t hi e Z ei ktittri taxes with the Judges of the Petty Sessions, and thereby /4,. er ,_a few them an interest in all works to be performed; it would, ino ort w4S,L the appointment of surveyors in each county in Ireland, g;ihi these those who paid the rates an assurance that the money raj Shape was not more than was required ; by compelling all puhP:Ji tr er som e works to be done by contract and open tender, it would a55 0 ,. 1 ). N the tax payer that such works were performed at the lovo': The r expense. One of the great complaints against the present si t ; I For th tern was, that all the business of the county w as d one by it ► Again Grand Jury, with closed doors, in th e i r room; b u t t h e prese t Bill would compel it to be done in future in open Court, a! w i in presence of the public. Th ere were ot h er very benefit alterations to which the Noble Lord alluded, and he though: they would effect a very great improvement on the presel il system. He did not say that some of the clauses might 11 01, I be capable of yet further improvement, and if so, such alter . ' I tions as might be necessary could be made in the C omm ittee• . An HON. MEMBER was of opinion that the subject could ne . be so considered in the present Session as to be made peril I nently effective. It had better be postponed until the nea 4 I Session, when the Committee might be re.appointed, an, then report generally. His opposition was neith er offere. with an intention of being vexatious or troublesome; but D e must persist in his opinion, and should move that the further consideration of the report be taken that day six months. Another HON. MEMBER considered that time enough bad already been afforded to the consideration of the subject. Mr. O'CONNELL said he should support the motion for postponement. It must be evident to the House, he said , that the opposition to the Bill did not arise from party-feelillgs • for those who differed most on other subjects, were united l e opinion upon that.—(Hear.) He first objected to the clause which levied a compensation per centage, bi which England would be blinded as to the amour , of that taxation levied in Ireland. By this clause, gran' juries would be obliged to pass the per centage upon oath, a l. though they did not agree with the necessity for its applicatio a, and had no power over its expenditure. The amount of al national expenditure would be concealed from the people, whil ° the grand jury, being the only visible machinery, would have to undergo the excited prejudice of the people, and bear the whol e onus of discontent. They would in fact, be looked upon a• oppressors.—(Hear, hear.) If public works were necessary they should be so carried on as not to tarnish the names O f character of the grand juries. It should be seen, too, 14 00 ' much of the cost of these works ought to be borne by the public purse, and how much by the agriculturists, for it wa s upon the latter body the expense would now be thrown ;an d whatever opinion might be entertained of the distress or PO; sperity of other interests, the Committee on Agriculture ha', had sufficient proofs of the distress of the agriculturists 0° Ireland —(Hear.) Part of the Bill contained an excelle d principle—that presentments should not be given to favourite ° of the Grand Jury. No one would be in favour of the Pr e* sent system, by which the favourites of the Grand Jury we fattened.—(Hear.) He, himself, knew two families who had made fortunes, and purchased estates out of their jobs in road-making.: He wished that the good principle of preventing the presentments being given to favourites of the Grand JOY , might be brought fairly into play, for which purpose ther e must be some modifications, and for that purpose he would al°2 support the postponement. He condemned the way in which • a great constitutional principle was treated—that of no Ma ° being taxed without his own consent—and that of no Ilia ° , being permitted to tax others without their co nsent. —(Hear4: Again, it was a complete delusion to say the tenant should nub pay the cess—that tenants from year to year should not Pal the cess. If they did not, what would be the consequence ? Why they would get notice to q - U it --(siear)—and thus this very Act of Parliament would be another that would operate to in crease the uncertainty of tenantry in Ireland, which was the great cause of all the evils and disturbances in Ireland. Faint lies could subsist only by having land, and the more the tenure and occupation was made uncertain, the more would a principl e be produced pregnant with mischief. The Secretary for Ire land would, no doubt, in the vacation, spend a great deal of hi e time in Ireland, and he would then, with the assistance of a Noble Lord (Duncannon), who, he understood, patronized th e Bill, and whose assistance to him would be invaluable, hav e the advantage of making himself master of all the facts ; b e would have the advantage of being ready by the next Se" sion with a Bill of more extent, and one more efficaciera• He certainly should not consider any Bill efficacious tha t did not separate the compulsory principle from the principl e of real taxation ; and, in the next place, that did not intro' duce, not by disguise—not in a kind of collateral view—hi lt directly, emphatically, and practically, the principle of repre; sentation going with taxation. On these grounds he should support the motion, by delaying the Bill. Mr. THOS. WALLACE thought the postponement for one year could do very little, if any harm at all. Mr. LITTLETON would not give any peremptory opinion upon the subject, but having been a Member of that House for several years, he must confess that he thought there was e necessity existing for the adoption of some new measure the subject. Looking at the present measure with an English ( eye, it appeared to him to be founded on principles worthy e recognition.—(Hear, hear.) The principle of taking the power° from the grand jury, which they now enjoyed, and th e conducting of the business in open court, was of such importance that he thought if expedient that the House should allow the Bill to go into Committee.—(Hear.) In h ie opinion the most important part of the Bill was that whieh s . would let in the light of d a y u p on th e p rocee dings °' Grand Juries—(Hear)—no course being, in his opinion, better than allowing their whole proceedings to be opened to th e public eye. The point which had been adverted to by tb i e Honourable Member for Dublin, that of allowing Oral' Juries to have some control, appeared to him to b e a principle to be well worthy of consideration at a future tin3e; He would not pledge the Government to any precise mode of proceeding upon that point, thinking that that was a branc h of the subject that ought to be disposed of separately. (Hear, hear.) In conclusion, the Right Hon. Gentleinan.l hoped that the House would not object to allowing the 1312, to go through a Committee, in order that its principles M i r be well understood. proceeded. d S e H d . EI L He ob r j e e s c i t s e t d ed t o t h t e h e ß p i r l i l n b ci ec pl a e u soen itw h w i a c s h n er o a t n f d ou ju o r d l : upon a broad principle. Lord DUNCANNON explained. Mr. FINN was quite sure that the Bill had been drawn uP with an intention to do good, but he would implore the O l c vernment to give time to the Irish Members to consult t he ! c on stituents, so that they might co me t o a proper and satis fau, tory conclusion. Lord EBRINGTON said it would be well that the Bill ple Hous BERNAL le Chairman L tQorrow litr. • BREI te,t2Estruc On th e L The uou : eport on th e Conte w ere a be read a . It being th LoN o( mdANftnza l r-e r, Sh, thy 151 ' 8 Whi Sessi ( wer tiqui nn d bar lav e 8 Will Th °C e e titre; ez pia 4t ei „ C ourt The7u Wl o,„ a act w , • ry to ho !ailey 4it Tulj :s easi _ori o g Mr, aotefi L I 'Ver z I T NNI Pris o PeCted Th e hitc aud r t ei b u r d ice 4 bY p i It o °U ght d Rethe r •.uriti eti : ' The L a n clo Pe,tha GOV ti, itt on tht u lide "; .itb„ Cier gy 0 usu rer t oi Z iae ou.nt i t e o ncen letjt lov_itot: ditto k tc , ant° Vice- Tre r ' °Witt Caatl: Th e w tdip le„ a ! e ri two ik ,/ t Jo 0 gr sk '" tee !teat a 14, i b clock, , E A ualtr a r Btu ß'b t e, ai t o be tha *rta itied, „ -ttr wavyri c h soowz kl of a PPre active e: ' r d. ar i d ,; i be ti me in App RE :t4l:e 11:re:e Al th tkel I i:l4 *Li ch g Vi s j„ Wae • "g the t b :, w hich „—rp cme qtluated, td, STBV l en int n 4v EN, t , at hi s c 41 the ; 1 1' whi t aY vent b t ''rY for t h ., Writ e Of the Lt ° f th e or e Hi, the "el 111 % had I W itit ! t l'e t4 cil • =r e di, BARON, ISomerhill (Marquis of Clanricarde) Fife (Earl of Fife) Plunket Rosebery Brougham Sefton Clements (Earl of Leitrim) Kenlis (Marquis of Headfort) Chaworth (Earl of Meath) Belhaven Howden Panmure Poltimore Wenlock Segrave Templemore Dinorben Godohpin Falkland Western Solway (Marquis of Queensberry) ARCHBISHOP. Dublin BISHOPS. Liandaff Chichester Hereford BARONS. Erskine Ranfurly (Earl of) Rivers Kilmarnock (Earl of Erroll) Fingall (Earl of) Rossie (Kinnaird) Dover Ludlow (Earl of) Mostyn Cloncurry De Saumarez Stanley 'ARCHBISHOP. York BISHOP. Norwich PRICES OF STOCKS THIS hank Stock 3 per Cent. Rect. 89%14 3 per Cent Cons. 89%8 3% pered Cent. 96 % 96% Ditto R New 314 per Cent. ...95N%%% 3 per Cent. Ann. 1726 4 per Cent. 1826 Bank Long Ann. to expire Jan. 5,:186. "17% 3-16 Oct. 10, 1859 Jan. 5, 1860 Jan. 5, 1880 Aprils, 1880 Jan. 5, 1870 PRICES OF FOREIGN FUNDS Austrian Bonds 96 Belgian Bonds 93% Ditto Account 936 Brazilian Bonds 68 % Ditto Account 6,9 %%% Buenos Ayres Bonds 22 Ditto Account 23 Chilian Bonds 25% 5 Ditto Account — Columbian Bonds 2IU Ditto Account Ditto Bonds, 1824 22N Ditto Account Z'A Danish Bona 74 Ditto Acco nt • . Greek 80nd5............ 32% Ditto Bonds, 1825 Ditto Account 39% Mexican Bonds, 5 per cent 30% Ditto Account Ditto, 6 per cent......... 37%.74 Ditto Account 37% ........... DAY AT oNe O'CLOCK. New 5 per Cent. India Stock Ditto Bonds 33 35 pm. South Sea Stock Old Annuities New Ditto 86% 3 per Cent. Ann. 1751 Ex. Bills, £l,OOO 56 58 pm. Ditto 500 56 53 pm. Ditto Small Ditto C0mmercia1......... prr. Ditto Advertised Bank for Account India for Account Cons. for Opening 9O %IA THIS DAY AT ONE 0 CLOCK. Peruvian Bonds Portuguese Bonds 6014 Ditto Account B Ol Regency Scrip -- „ Ditto Acc0unt......... dis, Prussian Bonds Ditto Bonds, 1822 ...... 1033; Russian Bonds, 1822 lO5 Ditto Account 104% New Loan 9Bi/, y. 4 Spanish Bonds, 1821 19 187 8 Ditto Account l9 In Ditto Bonds, 18Q3 163 , Ditto Account French Rentes, sp. o —f --c. Exchange —f --c. per cent. —f —c. H— Exchange —f —c. Dutch, 2 p. c. 49%14 % Ditto Account 44% 1 6% i Ditto, sp. c ....... Ditto Account 93% lA % Frfmch Scrip 4 54 pm. PRICES OF SHARES THIS DAT AT ONE O'CLOCY• Paid. Per Share. Anglo Mex. Min. Co. (iss. at Si. pm.) XlOO 12 Bolanos Mining Company ...£l5O 137 1 1 Brazilian Imp. Min. Co. (iss. at 51. pm ) £2O CO Ditto National ........ ........... 17)4 23% Ditto St. John Del Rey Ditto Cocaes 5 15g. British Iron Mining Company £5O 19 Columbian Milling Co. (iss. at 5/. pm.) 50)4 91' English Mining Company 12)6 26)2 General Mining Association l2 8 % Mexican Mining Co. £46 714 Real del Monte Mining C 0...., — 35 1 4 United Mex. Min. Co. (iss. at 2/. pm.) 40 11)4 Ditto New Scirip 5 1414% Alliance Fire Insurance Comp ... 10 10% Protector Insurance Comp. Australian Co. Canada Company l7 54!4 General Steam Navigation Co. National Provincial Bank of England 5 5% Provincial Bank of Ireland 25 351,4 THE QUARTERLY REVIEW, No. XCVIII. WAS PUBLISHED THIS DAY. Mir -a : 4 A it