The Sun. — London, England, 1845-04-26 00:00:00

IMPERIAL PARLIAMENT. ROUSE OF LORDS, April 25. The Loan CHANCELLOR took his seat on the Woolfack at r Me o'clock. MA YNOOTH. The Earl of CLANCAR i Y presented a number of yeti lions from Athlone, Kilmore, and several other places in Ire land, against the grant to Maynooth. Lord DACRE presented several petitions from Birmingham, Handsworth, and other places in the neighbourhood, to the same effect. Lord CAMPBELL said that, in the fulfilment of his public duty, he had felt obliged to present several petitions against the grant to Maynooth ; but he had now the pleasure of presenting .one from Porto Bello and the neighbourood, in favour of that grant. Petitions see presented against the grant, also, by Lord llonteagle, t.'ne Duke of Richmond, and by the Marquis of Breadalbar,e, from a great number of the congregations of the Free Church in Scotland to the same effect. Thy.; Bishop of DURHAAI presented various petitions from 11113 Archdeacon and clergymen in the different parishes in his diocese sxainst the grant to Maynooth. Lord KENYON presented petitions against the union of the secs of St. Asaph arid Bangor, and praying for returns of what the clergy received in those dioceses from 1835 to 1845. Lord NORMAN BY presented a petition from a parish in Wilts a;ain.st the grant to Mayncoth, and also a petition from Droitwich, in favour of the establishment of local courts for the arrangement of small debts. ECCLESIASTICAL COURTS. Lord COTTENHAM presented a Bill for the consolidation , of the Juriidietion of the Ecclesiastical Courts in England and Wales, in conformity with the reports of the Commissioners in Tne Bill was read a first time. INSOLVENCY ACT. Lord BROUGHAM presented a petition in favour of the revision of the Insolvency Act from the traders and merchants in London. At all events, there ought to be something done in the present sess ion of Parliament to relieve these tradesmen, and unless somebody else came forward to do it he should feel it to be his duty to apply the remedy. Ile would much rather, however, that the remedy should come from a recommendation of their Lordships' House. Lord COTTENHAM did not think there was any necessity to make any inquiry into the sul,ject, because it was suffi ciently plain that the operation of the 20/. clause-- Lord CAMPBELL had received numerous applications to bring the subject before their Lordships, and he was glad at what had fallen from his Noble and Learned Friend (Lord Brougham). Still it would be much more satisfactory to him, and, he thought, to the country, if the Government were to try to propose a remedy. The LORD CHANCELLOR said his N, We and Learned Friend's Bill was sanctioned by a Committeo of their Lordships' House, and he would suggest that the Bill itself should be re ferred back to that Committee for reconsideration. Lord ASHBURTON said, that in legislating upon this subject, the House had displayed a reckless want of considera tion for the chief sufferers under the law, viz., the unfortu nate creditors. He concurred that same remedy ought to be introduced, but was not desirous of returning to the old system of imprisonment for debt. Lord BROUGHAM was understood to give notice that on a future day he would move for a Committee to inquire into the operation of the law pasted last session. The LORD CHANCELLOR had no objection to the ap pointment of a Committee, and remarked that if it turned out that they had gone too far, it would be necessary for them to retrace their steps.—The subject then dropped. IMAYNOOTH. The Earl of WINCHILSEA presented petitions from Pat ton, and several other places in Northamptonshire, and from Spittlegate, in the county of Lincoln, against the grant to Maynoot h. The Marquis of LANSDOWNE presented a petition from St. Leonard's, in Wilts, against any provision for the education of the Catholic clergy. He also presented a petition to a directly cone, ary effect from a considerable number of Protes tant Dissenting ministers presiding over the Presbyterian con gregations within and without the cities of Lendun and West minster. The Duke of NORFOLK presented a petition from the Roman Catholics of London, Liverpool, Cheltenham, and iscveral other places in England, praying that the Legislature would pass the Bill for making the grant to 11laynouth, and thatiking the Government for the introduction of the Measure. Not having signed the petition himself, he would take that opportunity of thanking the Government for the consideration it had shown for the necessities of his Roman Catholic fellow-subjects in Ireland. The Marquis of L ANSDOWNE said that since the time:rhen be had the honour of introducing a measure for the relief ol his Roman Catholic fellow-subjects from all civil disabilities, same sixteen or seventeen years had elapsed. During that time the Roman Catholics had been admitted to seats in both Houses of Parhameat, and many other offices in the State, and that, dnring the whole of that time, not a shadow of blame or imputation had been brought against them. What he would ask was the reason for this ? for there was nothing in their peculiar education or social position which could have placeal them in the honourable position which they held in the country. It was their sense of duty alone that could have secured it, and he now, on the plea of this conduct, wished to extend the same advan tages to their co-religionists in Ireland. The great portion of the population of Ireland must look for religious instruction, and it was the interest of all that they should receive the best religious instruction possible. Having for many years been most anxious that a measure of this na'ure should be adopted by her Majesty's Cfovernmeiit, he was prepared—now that they had adopted it upon their own responsibility, and above all, when he perceived that by so adopting it, they had incurred a certain portion of odium and responsibility—he was prepared to say that he was ready to claim his full share of any such odium and any such responsibility.—( Hear, hear.) He not only agreed with the principles of this all, but he thoroughly and entirely approved of the particular provisions contained therein.— (Hear, hear.) He by no means under stood the objections of.those who were opposed to it on pecuniary grounds. He did not stand there for the purpose of saying that the Roman Catholic Establishment could never be matte subject to the State ; but he would say that the connexion of the maintenance of the Roman Catholic Church with the reduction of the Established Church would give rise to great inconvenience, inasmuch as any future want would give rise to a corresponding reduction on the other side, as it would then he considered the only fund from which it would be right to dray.. He considered that two objects would be attained by the Act, or at all events by the other Acts which would follow it, and he trusted there would be one for the intellectual im provement of the people of Ireland. In the first place, the Bill would be doing an act of kindness in a way that would be the most satisfactory to the Irish people; and in the next place, it would have the effect of greatly diminishing theological conflicts in both Houses of Parliament. The Jlarquis of LONDONDERRY presen'ed a petition from a parish in tl:e county of Durham, signed by the whole of its adult population, consisting of thirty-five persons in favour of the Bill, and two petitions from the county Down against it. The Noble Alarquis concluded by saying that, if her Majesty visited Ireland, she would meet with more cordiality than had been shown her in any conntry that she had vet visited. The Duke of WELLING I' ON—I will tell her so to-night. The Earl of SHREWSBURY expressed his concurrence with the measure, and his gratificati ,n with the manner in which it had been received.—The House then adjourned. HOUSE OF COMMONS, April 25. The SPEAKER. took the Chair at Four o'clock. The Paisley Gas Bill and the Foilmire lnelosure Bill were read a third time and pas , ed. BIRKENHEAD, MANCHESTER, AND CHESHIRE JUNCTION RAILWAY. Sir P. EGERTON moved that the Birkenhead, Manches ter, and Cheshire Junction Railway Bill be permitted to pro ceesi, the promoters being required to introduce clau•es pre venting them fi om taking the property of Mr. James Stanton, in the parish of Runcorn, without his consent, and from taking any property in the parish of Ince, for the purpose of con:truct ing the branch railway from Elton to Upton. Mr. EsICOURT said that the effect of this mot ion, if agreed to, vrt,u:d be to overturn tke decision of the standing orders of the Committee, and therefore felt bound to oppose it. A discussion then arose in which Messrs. Tollemtche, Milne Gibson, Verner, and Smith, took part. Lord GRANVILLE SOMERSET believed that it would be mischievous to allow such a precedent to be made, and he trusted the House would resist the measure. Mr. DUNCOMBE said that this was a case in which thy might allow some relaxation to take place. A GLIONBY thought that, a* the standing orders had not been complied with, they ought not now to proceed with the Bill without the means of inquiring into it, and they ought not to go into any general notion of what was good. The House then divided, when there appeared— For the motion . .. Against it Majority —ls On the motion of Mr. HAMILTON, the Dublin and Bel fast Junction Railway Bill was read a second time. On the motion of Lord BERNARD, the Cork and Bandon Railway was read a second time. Colonel PEEL presented a petition in favour of the London and York Railway. Mr. GROGAN presented a petition from the Right Hon. the Lord Mayor of Dublin in favour of the Pipe Water Bill. AGRICULTURAL AND COMMERCIAL BANK OF' IRELAND. Mr. GROGAN moved the second reading of the Agricul tural and Commercial Hank of Ireland 13111. Mr. WATSON opposed the second reading. He said that, in 184 ', the bank stopped payment. The managers then applied to Parhament for a Bill to enable them to n led up their affairs. They had takoa no satisfactory steps to carry out the object. and he did not think they had any claims to come be fore Parliament now. He concluded by moving that the Bill be read a second time that day six months. The SOLICITOR-GENERAL suppported the second reading of the Bill. The object of the 81l was to enable the Committee of Management to call upon individual share holders to contribute equitably to the liquidation of outstand ing liabilities of the concern. His Hon. and Learned Friend 11..1d that he objected to this because it was a partial measure, and that a general Bill for Ireland should be introduced on the subject. He (the Solicitor-General) admitted the validity of this argument, but as he did not understand that any inten tion existed to introduce such a general measure he sup ported the present Bill. The question before the House was whether the present measure was in itself desirable and just. He thought it was, and therefore he supported it. He put it to his Punnurable and Learned Friend whether, under the cir cum.stances, he was not prepared to let the Bill go into Com mittee, and if any person could then make out a case against it, an opportunity would be afforded to such persons for so doing. Mr. BARRY BALDWIN objected t o t h e second reading. P of the Bill, which, if it w ere p asse d, would afford to unrin ciiled persons an opportunity of ruining inn ocent parties. Strangers were then order d to withdraw, and the House divided, wh n there appeared— For the second reading of the Bill Against it Majority in favour of the second reading 11 GOOLE AND DONCA',TER RAILWAY. Mr. B. DENISON said that, on the 21st of April a pe tition had been presented, by the llon. Member for Berwick, against the Goole and Doncaster Railway. That Hon. Mem ber was ill, arid, in his absence, he moved that the petition be referred to the Committee of Selection on Standing Orders. —Agreed to. The HON. GENTLEMAN then presented several petitions in favour of the London and York Itailway. Sir J. TROLLOTE and another HoN. MElterx presented petitions in favour of the Lincoln and Cambrid4e Railway. Mr. BLEWITT presented a petition against the South ampton and Dorchester Railway. (in the motion of Mr. COLLETT, the Wexford and Carlow Railway Bill was read a second time. FOUL MIRE INCLOSURE. The Foulmire Inclesure Bill was read a third time and pared. CAMBRIDGE AND LINCOLN RAILWAY. The CHANCELLOR of the EXCHEQUER presented a petition from the Vice-Chancellor and Senate of the Univer sity of Cambridge in favour of the Cambridge and Lincoln Rail way Bill. NOTICES OF MOTION. Mr. MINTZ gave notice that, in the Committee on the Bilk 11c1,tr,iiiktinitittor practice of physic and surgery, he skoW anon `' of a clause making it imperative en „ ..--- , 14 --if' all practitioners to writr their prescriptions in plain English— ( A laugh)—and on all druggists and agotheearie3 to label their bottles, &c., in plain English—(Renew - ed laughter)—from and after the Ist of Ja-uAry. 184 i. Mr. Sergeant MURPHY gave notice that on Thursday, the Ist of May neat, he should move that the House do resolve itselt into a Committee of :he whole House, to take into con sideration the subject of mini>ters' money in Ireland. ADJOURNMENT OF THE HOUSE. On the motion of the CHANCELLOR or the EXCHE QUER, it was ordered that the House, at its rising, do adjourn to Monday neat. IRISH AND SCOTCH BANKING. Sir R. PEEL moved that the order of the day be read for the House resolving itself into Committee (et' the whole House, on the subject of Irish and Scotch Banking. Oa the order of the day being read, Sir ROBERT PEEL said, Sir, I am about to propose the temporary postponement of the further stages of the discussion of a measure which has now been under the consideration of the House fur several nights past, anal during which time it has excited a great deal of interest—in order to bring under the consideration of the House the proposal cf another measure, which can boast of the possession of no matter of interest, from its connexion with such measures as lent an interest to the other measure to which I have alluded. My present proposition is one which can only be decided by the weight and authority of the arguments which may be brought to bear in favour of it. It is upon one ac count, and upon one account only, that I would presume to make this interposition—and that is, the occasion of the other debate, which I have mentioned, hav ing occupied the attention of the House for so many nights to the total displacement of other business possessing equal importance, and, therefore, if it should be supposed that I may not be able to do justice to this measure during the short period I shall occupy the attention of the House, I beg to say that I would not have presumed to have brought it on now, but that I see so many of the Hon. Members, the representatives of Scotland, in the House.—( Hear, hear.) But I do hope the House will bear in mind the position in which we have been placed for several nights past—( Hear, hear)—and if my explanation of this measure should be deemed to be less perfect than It ought, I trust at least the House will hear me with for bearance—( Hear, hear)—and allow me to refer shortly to the different clauses of the measure which I propose to submit to their consideration.—(Hear, hear.) rho House will bear in mind that in the last session of Parliament, the subject of banking in this country occupied its attention for a considerable period. That measures of great importance were then adopted with reference to the circulation of the notes of the Bank of England, and of the different joint-stock banks and country banks in this part of the United Kingdom ; that the House will allow me to refer slightly to the different enact ments which, under the sanction of the Legislature, were passed in order to regulate the circulation of the Batik of England and other banks. With regard to the Bank of England, permission was given to that establishment to tune paper to the extent of 14,000,('00/. The bank was permitted to issue promissory notes on fourteen millions, but with respect to the further issue, that was only to take place in specie, the public being entitled . to de mand notes in exchange for specie, or coin in exchange for notes, and the free circulation of the Bank of England being determined by the free action of the public de manding either notes or gold as they might require. With respect to the issue of the other banking establishments provi sion was made at the same time, that in respect to every private bank of issue, or joint-stack bank of issue, the average amount of the circulation of each was taken for the twelve weeks preceding the `27th April, 1844, and these banks were required to confine their future issue of their own paper within that limit. No proposition has been made that the increase of promissory notes should be extended beyond the prescribed limits—the issue should be Bank of England paper, that Bank of England being founded upon gold. I apprehend that the House sanctioned this measure upon the following assumption— that the standard of value in this country is a certain quantity of gold defined both in point of weight and in point of fineness. That a promissory note undertaking to pay so much undertook neither more nor less than to deliver to the holder of that note a definite quantity of gold of defined quality. The House assumed that the issue of that promissory paper must in fairness be subjected to the regulations to which other forms of paper credit are not necessarily subjected. That the issue of promissory nett s representing gold, and actin as a sub stitute for gold, differ in their character and extent from other forms of paper currency. That those who issued them were in possession of a valuable privilege— valuable to themselves and important to the country—arid the House would have a perfect right at any time to subject the issue of that paper to such restrictions as might be deemed ex pedient for the public weal. The House acted upon another assumption—that with a perfectly unlimited and un regulated competition in the issue of paper, there was, of necessity, no guarantee for the permanent convertiblity of that paper, or, I should rather say, that the House considered no guarantee existed where the competi tion was perfectly unrestricted and unlimited; and that, consequently, there was no safeguard against the sudden and violent contraction of the circulation, thus deranging the monetary transactions of the country, and shaking confidence in public and even in private life. On these general assumptions, this House and the other House of Parliament sanctioned the measure proposed by me, as the organ of the Government, for imposing a certain limit on the issue of promissory notes. lam quite aware that the interval has been short since that measure has been in operation.— ( Hear, hear.) lam as well aware as any one can be, of the necessity of being cautious in drawing inferences as to the effect of that measure on the circulation and public credit of the country, from so short an experience. But I must say, as far as we can judge from that experience, we have a perfect right to be satisfied with the measure passed last year. Admitting that experience to be short, as far as it has gone it has been decidedly in favour of the policy and justice of the measure sanctioned by this house in the course of the last session of Parliament. Sir, since that measure was adopted, we have had a period of extra ordinary activity. We have had a great demand for the ap plication of new capital to manufactures, and other branches of industry. We have had an extraordinary, at least an unusual degree of speculation in projects connected with the internal improvement of the country--I refer more particularly to the extension of locomotion by means of railways, and I find that the restriction imposed last year has not in the least degree cramped or fettered the commercial enterprise of the country.—( Hear. ) I cannot find that there has been the slightest check on the ap plication of capital, or the slightest ground for any complaint that prices have been unduly affected, or that the increased demands of the country could net be met on account of the restricted circulation.—( Hear, hear.) I find at this present time the amount of specie in the Bank of England, in gold coin and gold bullion. I find there is of both kinds in the Bank of England about 13,580,000/. That the Bank is in possession, at the present time, in silver bullion, of 273,00( ; in silver coin, 1,886,0001., making a total in the Bank of England in silver hellion, gold bullion, and gold coin, of about 15,4'42,000/. I do not find amongst many who op pose this measure a disposition to admit that there has been decreased confidence in the monetary transactions of the country. I do find a disposition also to admit that, if during the recent speculations there had been an unlimited power of creating new banks of issee—that if there might have been new banks of issue, those new banks of issue, with an unlimited right of issue, acting and bring reacted upon by this speculation mania, this fever of speculation which prevailed throughout the country, I do find, I say, an impression amongst many who opposes] the measure of last, year, that the state of our credit and of our paper circulation would, pro bably, have been much less satisfactory than at present. Sir, I have not heard that there have been any complaints on the part of the bankers as to the effect of those restrictions. have not heard that any such complaints have been made. Complaints may, indeed, have been made in soma few in stances, but, at all events, they have rarely reached that department with which I am connected. I have heard but few complaints of the effect of restriction even from the rural districts. I have heard of many bankers, in consequence of this restriction of issue, who have been obliged to provide for their increased issues by providing Bank of England paper, hut they all agree in opinion that the slight expense which they in consequence have been oblged to incur i s b u t a sma ll countervailing evil, as compar e d with the increased stability and security which has thereby been obtained from the hanks gene rally throughout the country. Sir, I say that I believe that the joint-stock banks and the country bankers generally have acted fairly and honourably in the execution of their duty. We have occasionally heard of attempts at evading the law. In some districts of the country new forms of paper currency have been issued for this purpose ; but these attempts have been discountenanced by the country banks and the joint-stock banks. They have shown no favour whatever to these attempts at inf. action of the law, and although I should be perfectly prepared, as I said last session, if those attempts prevailed, to apply to Parliament for in creased means to meet these attempts at infrac tions of the law, yet I must say that, up to the present time, it does not appear to me that Any necessity has arisen for the interference of Parliament. The law has worked in such a way as to give general satisfaction, and the Government has met with the cordial co-operation of those whose circulation has been restricted, but who have yielded a willing, a general, and a cheerful obedience to the law. Sir, the enactments to which I refer apply ex clusively to this part of the United Kingdom. One of the measures of last sessien imposed restrictions on the circulation of the Bank of England and of the issues of the joint-stock and private banks. Another enact ment, passed simultaneously, imposed equal restrictions on the issues of all English banks, and prevented the establishment in any part of the United Kingdom of new banks of issue, restricting the privilege of issue to those banks which were entitled to exercise that privilege in the month of May, 1844. The consequence of this has been that the existing banks of Ireland and Scotland, although their circulation has not in any respect been interfered with, had yet been protected against competition by this other enactment, and erjey the monopoly which that enactment is calculated to secure for them. The question now is, whether we shall repeal these prospective advantages by submitting them to the general enactments of the law which was passed by this House, whether we shall ap ply that law to those parts of the United Kingdom.—( Hear, hear.) I was requested the other night by the Noble Lord, the Member for Sunderland, to postpone the consi deration of this measure for another session.—( Hear, hear.) I felt it to he my duty to resist the suggestion made by the Noble Lord, because I thought that if it were right to consider the question at all, the sooner it were done the better.—( Loud cheers.) I conceive that there is nothing more calculated to have an injurious effect ira a matter of this important and peculiar character, than to give notice that at a certain time a question of so gene rally important a nature would be brought forward, that a state ment of the intentions of the Government should bo matte, and afterwards to disappoint the expectations which have been raised by this notiee.—( [fear.) And there can be no measure en which it can be more incumbent on Government to announce their intentions, and to submit them to the consi deration of Parliament, than in a measure affecting thereenpt therefore, eruaist United tehd s enactment,wt h twith t tht Kingdomhee management ai ( nwo i su l hg e s Hear, and nh a shallnteld the monetary circulation of a considerable part of o otpticedahnekec public i oo d r nsfe. this o ) fi whether h l e affairs t is u fi s t te t sh i hh n o:a e sles: been must alreadyadt e b na l ctm ap en o t i , ed l ha d t ra if w l n iho N ug o h w t , that the general principle •f the proposed Government measure could not • to Ireland and Scotland without a risk of injury to those parts of th e country, I wouldr venelastbe the to propose, eith er tleoretiCally, o practically, any measure which could by p ro b a bili ty endanger the prospe rity of those countries.--(Cheers.) I think it i s p er f ect l y f i tting that the State should exercise a salutary restraint en the cur rency of the country, provided they do not hazard or derange long-established usages, or hurt the feelings of the commer cial population of the country.—(hear.) I wish to recure the willing and cordial co-operation of that part of my coun trymen to whom this measure particularly refers ; but I do feel that we may apply to joint-stock banks, and to those coun tries, the general principles of that measure which was I E adopted last session by this House. I repeat we may adopt that measure without in the slightest degree affecting in juriously the commercial interests of those countries.— ( Hear, bear.) The position of Ireland and of Scotland is in some respects the came ; and I shall just state the position of Ireland, in repect to its banking establish ments, before I enter upon the general question. I will point out the difference which exists in respect of the bank ing establishments in the two countries. In Ireland ycu have what you have not in Scotland, a National Bank. In Ireland you have a bank holding a charter, r which is eiermin able upon six months' notice. The sernment have the _.en with the Beek of Ireland: c if . its n h e at bank the eatlut i eie pri jri it now enjoys, ht Ireland you have, p a v n o il d: : r ev i o t ‘ f h o d d , r i , a s w so i l n v g ing " . ;ne whole, eight banks of ies'tie. There arc no private banks of issue in that esseentry. There is the Bank of Ireland and seven other banks at issue. There are joint-stock companies, There are, in addition to the Bank of Ireland, the Provincial Bank, the National Bank, three joint-stock banks of issue at Belfast, and two others, making, on the whole, seven banks of issue, being joint•stock companies. independent of the Bank of Ireland. Now, in Inland the general law of banking requires deep consideration. There are statutes of the Irish Parlament still in force in that country —or, at least, which are doubtful whether they are in force or not—which place joint-stock banks, and the partners in them, on a different footing from that in which they are placed in this country. These enactments come into con flict with that Act which passed some years since. in the Imperial Parliament, and under which joint-stock banks in Ireland are regulated. Her 31ajesty's Government intend to consi.fer the hearing of those several enactments, and at a more leisure moment to take steps to amend and consolidate them into a general law. But I will not, on the present occasion, divert the House by any detailsirom the main subject, upon which I am now addressing them. I am perfectly aware that the general law in Ireland is in an imperfect and compli cated state. The Bank of Ireland acts as the banker of the Government, and. conducts the general payment of the dividends ; has the management of the debt, and conducts the general business of the country. The capital of the Bank of Ireland is 2,769,000/. The debt from the Government to the bank is a rather smaller amount, being '2,630,0001.; and we pay the back interest of 31 per cent. The Bank of Ireland has certain exclusive privileges. The privileges of the bank are that so joint-stock bank in Ireland can have a house or place of busi ness in Dublin, or within sixty-four English miles of Dublin No joint-stock banks can issue bills or promissory notes in Dublin, or within sixty-four miles of that city ; and no joint stock bank being within the limit of eixty-four miles could issue a promissory note for a less sum than fifty pounds. Now, I am bound to say, that these are a description of exclusive privileges which have been very much complained of in Ireland.—( Hear.) There are in that country other banks of great respectability, which con duct their business in a manner that has hitherto given very general satisfaction. In those joint-stock banks, which are limited to seven in number, the whole extent of joint-stock banks in Ireland with which we have to deal, there are 4,000 share holders, and the number of customers carrying on business with those hanks exceed the number of shareholders by many thousands. Now it must be admitted that the city of Dublin is a place of resort to many of those who had shares in those joint-stock banks which are compelled to be situated at so great a distance from that city. Dublin was the seat of the vice-regal court—it was the seat of the courts of law, and a great emporium fur the Irish people in many other respects. Besides this, it was a great inconveni ence to many persons, strangers and others arriving in Dublin, to find that if they have drafts or demands of any other descrip. tion upon any of those joint-stock banks in the country, they are told that there are no branches of those banks in Dublin. Now, I must own that in my opinion, provided you give good security against an excess of issue, it would be of great advan tage to the Irish people to withdraw those exclusive privileges; to establish joint-stock banks within 64 miles of Dublin, and in fact to confer upon them all those advantages that the Bank of Ireland now possessed without limitation.—( Hear, hear.) I am bound to say that nothing can be more liberal than the manner in which the Bank of Ireland has acted in reference to the subject. The governors and directors of that establish ment have intimated to me that they were perfectly ready to consent to the relinquishment of those privileges, provided that the joint -stock banks should be subjected to the same limitations that controlled them ; and if so, they then saw no reason why other banks should be prevented from establishing themselves in and near Dublin. lf, then, this House confined the limitation of the issue of those banks in the man ner suggested by the Bank of Ireland, and which appeared to the Government to be but just, we can see no sufficient reason w hy those principles should not be removed.— ( Hear.) 1 am bound also to to say that the establishment of the Bank of Ire'and, consisting, fir the most part, of persons prreessing the Protestant religion, the governors and directors have intimated to me their desire that that portion of the oath taken by those entering into their service, which could not conscientiously be taken by Roman Catholics, should be abo lished—( Cheers)—and they have further intimated to me, that it is their wish that there should be no form of oath dis qualifying a Roman Catholic from becoming a gover nor or a director of that establishment.—(Cheers.) I would confine it simply to the oath which is to be adminis tered to ascertain the amount of property, and I would do away with the peculiar privilege of the different oath which is administered to a Roman Catholic and to a Protestant director of the Bank of Ireland. When a Roman Catholic director is appointed for the Bank of Ireland he is sent into another room to have a different oath administered to him. By this Bill I propose to do away with the distinction which is thus drawn between a Roman Catholic and a Pro testant director. I hope the lion. Gentleman opposite (Mr. Fox Mule) will not disapprove of that arrangement.—( Hear.) With respect to the custom which has hitherto prevailed, I propose that the Bank of Ireland should still remain the banker of the Government, and I propose that the money which has hitherto been owing to the Bank by the Government should still continue at the same rate of interest as has hitherto been paid for it. In con formity with that prinicple, I intend that the credit shall still continue the same, and that the rate of interest shall be three and a half per cent. per annum for ten years to come, and that the same rate of interest should be paid on any excess of expenditure over receipts on the part of the Government. I am thus giving my support to the same principles which I considered it necessary to allow when 1 last year introduced my measure with respect to the Bank of England. I conceive that this is due - in consideration of the willingness of the Bank of Ireland to relinquish their exclusive privileges, and I propose that the debt should continue as I have said, at the same rate of interest for ten years longer—l propose to introduce into the proceedings of the Batik of Ireland the same rule which has been applied to other banking establishments, and I intend to subject the Bank of Ireland to the same weekly return which is made by the Bank of England. 1 propose that the Bank of Ireland shall publish a statement weekly of the whole of their affairs—of the amount of their issues the increase or decrease of their circulation, and of the amount of bullion at the time within their coffers. 1 propose, in fact, that the Bank of Ire land shall make a precisely similar return to that which' is made by the Bank of England, and which has given so much satisfaction to the whole of the trading and commercial community, and which has been a cause of such justifiable confidence to the country. The banks of Ireland will by this means be placed in some respects with he banks in England and Scotland. The position of the banks o iScotland is at present in some respects different to that of the banks in Ireland or in England. I prorose first to state what is the general position of the banks in Scotland, and in some respects they differed from other banking establish ments. I will then go into the circumstances of those backs. In Scotland there are altogether nineteen banks. In Scotland, as in Ireland, there is no controlling power. There are four teen companies which have the privilege of issuing notes. I do not know whether it would not be unfair to make comparisons between the two parts of the United Kingdom upon this sub ject. But I can say this, without the least wish to shock the feelings or the prejudices of Ireland, that I have no intention of injuring either. I mean what I say.—( Cheers. ) I will not attempt to f tter the discretion of Parliament—but allowing that privilege to exist in its present state, I will not propose any vexatious interference with it.. I do not propose to establish any proportion between notes above and below 51. I will leave to the banks of Ireland and Scotland the privilege which they' possess of issuing notes under 51., without any restriction as to the proportion which their notes bear to notes representing a higher value. The batiks of Ireland and Scotland will thus have two advantages—they will have the advantage of a monopoly of issue, by being protected from oppositi-.n ; and they will also retain the privilege which banks in this country were compelled to relinquish twenty years ago, the privilege of issuing notes of 5/. 1 will leave them in the possession of those privileges, proi osing to apply to them exactly the same principle which we applied to the joint-stook batiks of this country. I pro pose that we should ascertain the amount of circulation which has taken place for some past period, just as we did with re spect to the joint-stock banks, and not to impose any limita tion in the amount of the future issue of paper, but only requiring that for the issue beyond a given amount, that issue should take place in gold. I repeat, that is the principle which we have applied to joint-stack honks and private banks in this country. We ascertain the amount of issue for a certain period before the 27th of April, and we limit the future issue to that amount, permitting them to issue for the future the excess above that amount in promissory paper of the Bank of England, which Bank of England paper was issued upon gold. I do not wish to introduce into Scotland or Ireland any compulsory paper tender; we propose to clear the doubt as to whether the paper of the Bank of England is a legal tender. The most eminent legal authorities in Ireland are, I am told, of opinion that Rank of England paper is not now a legal tender for gold. I think it right that there should be no doubts en the subject, and that we should clear up and declare whether or no the Bank of England wales should be a legal tender. Therefore, I have every reason to believe that it would he more acceptable to the Banks in Scotland that, their excessive circulation should issue on specie, rather than on paper of the Bank of England. So far as the public are concerned, it is a matter of indifference to them whether it should be upon Bank of England paler, or on gold ; yet, still, as there would be an objection to the issue of that paper in Scotland, I propose that the excess of circulation in Scotland beyond the permitted amount shall be issued on specie, and not necessarily on the paper of the Bank of England. I believe it to be perfectly just to establish that principle also in Ireland. Let us bear in mind that we have a guarantee of the stability of our paper circulation in this part of the United Kingdom beyond what practically exists either in Ireland or Scotland. We have generally diffused over England and Wales a great specie circulation. The Bank of England can now issue no paper beyond 14.000,000/., except upon gold. We have not security for the equivalent of papt•r and gold, but we have this additional guarantee, that there is a great basis in specie for our circulation, on account of the almost universal diffusion of coin throughout every part of England and Wales. It might be difficult to estimate what is the amount of gold circulation current in this part of the kingdom. I do not know that it is necessarily connected with my subject, but it is a question of interest to determine what is the amount of our gold circulation. There has been issued in gold coin from June, 1816, to the month of June, 1842, about 60,116,000 sovereigns—since June, 1842, there have been issued from the Mint to the Bank 17,013,000 sovereigns ; since 1842 the Bank put into circula tion 11,000.000 out of those 17,000,030. Now, it is ex ceedingly difficult to form a satisfactory opinion as to the amount of gold circulation which remains in the kingdom. But, judging from the amount of light sovereigns which have been paid at different periods into the bank the proportion which they bear to the total amount of sovereigns taken in is as follows :—ln 1639, of the total amount of sovereigns paid into the Bank, 211 per cent. were rejected as below the legal weight ; in 1840, 28 per cent, were rejected; in 1841, 27 per cent. ; in 1842, 331 per cent. A proclamation was issued in June calling in those sovereigns; and from the 10th of June, 1842, to the 31st of December, 1843, the amount of light gold coin withdrawn from the circulation was 11,137,000/. Now, if we estimate this at the rate of 33/. per cent. upon the t_r_ niNti y ornw v i. a e r r i i e f:f r ge o u m i naereas thirtyeinal called droc circulation, i h pa i ot r in t o y total amount of the whole circulation, this will show that the total amount of gold circulation diffused through aut the coun bankers, at the period that th:issue of notes o Hear, hear. ) f permitted, which were in circulation thirty-five v a make e nEd m o il f l o t a h n n s e . m estimate(uamount below oc o. notes fthe ow t ae was below 51. issued by the Banle n' ngl a a t nd t , he ar t i i ii m l e ey th p a r t iv:e e I issue of small notes Waal prohibited, 1 do not believe that we should come to a very different conclusion. I admit that the data which we have furnished U 3 for the purpose of forming an olioion upon this subject are very vagud and uncertain, but I tsink we shall not be far wrong if We esiitasete the amount of grill in circulation at pre s e n t at thirl3 to thirty-five millons. I stn bound, howe ver , state that tie data on which this is founded are very imperfect. . out whatever sum may be, there can be a;siimate coubt but this general diffusion of a gold _..0-oration does give great stability to the piper, cOs e rency of this country', titsd . adde gltaraiit4 to that eecuritys trore. Olen taken in conjunction with the Aft of last sessi4n, which does not exist in Scotland or Ireland. Now I - impose with regent te the Scotch and Irish circulation to takethe average amount of issue of each bank at a certain deflate period; and I propose de I tlV s ,' to them the same erenera! p;iileipie which we applied to t!see tuglish banks in the last session. sleiToanded nodeposits by way of security—we required no amount of gold tomeet the issue then in circulation, but we did take security •o meet any increase in the issue. —(Hear, hear.) Now, I propose to apply the oiame principle te the Scotch and Irish banks. The emstion then arises, libm what period are these everegeS to he taken ?—( Hear, hear.) Now I peopcne, as regards both countries, Ireland and Scst land, to ascertain he average amount of circulation from the period which has eapsed since the first announcement of this measure—that is to say, since the 27th of April last. This ' , As a period of thirtees lunar months. Now 1 !snost that the variation in the amount of the issues of the Scotch banks is very areal at different periods.—( Hear, hear. ) In May and in November the amount of issue exceeds the issue at other periods. I believe that as far as Scotland is concerned it is a matter of indifference if the average is taken fur two years, or far one year, or for six months; for if we look at the two periods of extended issue it would be a matter of great indifferi nee to Scotland whether we take a period of one year or a period of six months for the calcula • tion of our average--the amount of circulation would in such case be nearly the same. I think it but just, as far as the public interest is concerned, to extend the average over the whole period, and nut to confine it within the limit of six months, because the two or the three last months will have a larger issue as compared with the former, or commencement of the period. I propose to take the average of 13 lunar months, commencing with the 2 . ‘ th April, 18.15. D ur i ng th a t p er i o d, according to my proposition, the amount of the issue, taken on the average, will regulate the circulation. To questions from lion. Members on the Opposition side, Sir H. PEEL said, the average shall extend over the whole time. Now it will make a material difference in Scot land whether we take the whole period in the manner now proposed, or give the return of the average amount of issue in the several days. .That might gi ve th e average amoun t of notes in England, but in Scotland the practice is very dif ferent. By the Act of 1841, a weekly re t urn o f th e no t es issued by each bank is required to be given in, made up to the last day of the week, became the system of restraint which has long prevailed in Scotland, by exchanging the notes which have been issued from each bank, prevents the danger of an excessive circulation, and gives at certain periods the different circulations of each bank. I propose that a return of the amount of notes issued from each bank, on the last day of business in the week, shall be taken, for it will make a material difference in the amount of Scottish circulation, whether yeti take the daily averages of notes, or whet her you take the return on the last day of circulation. And that is the reason. I apprehend, why the amount of circu lation appears in Scotland so low. The return if you entirely rely upon it, must be a fallacious one. It would appear from the return made on the last day of the week, that the amount of notes in circulation in Scotland, does not exceed the amount which might be taken at any other period. What we propose therefore is, after having defined the amount whirls each bank shall issue, you shall for the future require each bank to certify the amount of its weekly issue—or rather the amount of its issue as it appeared on the last day of the week. Thus, in Scotland, as in Ireland, you sill take the period of four weeks, and determine the average of that period of four weeks. If the average of the four weeks does n o t excee d the amount of the permitted issue in that case, no restraint whatever will be imposed on the bank. But if the issue for the four weeks exceed the permitted amount, in that case the excess, whatever it may be, shall be issued in specie. If, as I said before, the bank should issue within the limited amount, in that case no inquiry will be made. Of course we are bound to see that every bank, if it should issue more than tl e limited amount, is able to pay its notes in specie on demand. We do not propose in the slightest de gree to interfere with that obligation. A sense of their own security should and ought to im pose on the banks the obligation of keeping suffi cient funds, but provided they keep the issue within the average of the last thirteen months, we shall make no inquiry. We should trust to their own discretion, and we propene to apply the some rule as that which exists in Ireland. We estimate the average amount of issue of each bank in Ireland, including the Bank of Ireland, of the last thirteen months, and we permit each bank to continue its issue within - that period.'" But if they should be in excess we shall require thst excess to be founded on sufficient se curity. Now, we are willing to trust to the honour of the Scotch and Irish banks as to the retention of their powers. We propose that they shall return to the Government the amount of specie held by them, and we propose to give the Government the power of inquiry. I believe it has never been found necessary to exercise this in England, and I have every reason to hope that there will be just as little necessity for the exercise of it in Ire land as in Scotland. ( Hear, hear. ) We will require from each bank a return of the amount of the weekly issues, and also a return of each de scrip' ion of issue, distinguishing between the 51. notes and all those above 51. ; and also a return of the amount of gold held by each, but that, of course, shall he a confidential communication to the Government, who require it be cause they deem it absolutely necessary that they should be put in possession, of the fullest information of the actual po sition of each bank. The Government will also require the fullest information in reference to the position of all the partners of those banks, just as we do at present in this country. Of course, 03 I have already stated, the return of the amount of gold held by each bank will be a confidential communication for the use of the Government alone, and no pub lic use whatever will be made of it. But in case that any bank should issue beyond their limit, it will then be necessary to publish a statement to the effect that the Irish Bank has issued beyond the amount of specie which it holds, without at the same time stating to what amount, We will publish a statement to the effect that the bank has exceeded its issue, hut we will take care that it holds gold to the amount of that excess, and, of course, the usual monthly publication will be made from the Stamp-office. I do not know that I have omitted any point that I ought to have touched upon; but if there be any Hon. Member opposite who has any question to ask me, I shall be most happy to answer him. [Here an Hon. Member, whose name we could not learn, put a question to the Right lion. Baronet which was inaudible in the gallery.] Sir R. PEEL—The question put by the Hon. Member is, if in the event of a bank exceeding its issue, would it be re quired that the excess of specie should be exclusively in gold ; or, would it be equally satisfactory if part of it were in silver ? I la' g to say that 1 do think it would be of great advantage to permit silver to form part of the specie.—( Hear, hear.) Because, in the first place, silver will be a legal tender fo r an y suns to the amoun t o f I/ . ; an d , i n the next place, it will b e im p o ssible for any bank to procure silver without paying, the full value for it. It will grea tly facilitate the commerci al transactions of the country. Mr. COLLETT—As the Right Hon. Baronet has alluded to the issues of the Bank of Ireland, and as he is aware that the amount of the issues has a materi a l i n fl uence upon business of all kinds, I would wish to ask him w h at i s to b e the extent of these issues? Sir rßeregulations B. PEEL—lpropose to subject th e b an k s o f I re l an d to the am in this respect as th ose i mpose d b y t h e t m h e a a t su t r h e e of last debt of the Government s h ou ld cont i nue f or year on the Bank of England. 1 have stated ten years. That will With necessarily a porti on of the Z•apital of the bank. With respect t o ot h er portions o f that capital, I propose to p lace the Bank of Ireland precisely on the alms footi" a s other bank s . If t h ey i ssue beyond the prescribed a mount, I propose th at t h ey s h all o S TI O 2 1. ,000,000/., I would, and they posse ss only do it on the basis of the specie whi c h th e y hold in their coffers. Su pp ose, for instance, that the issue of Bankthe specie ie h their grant them the privileg e of ',sums to the ex t ent o f t h at spec i e, 1 would not permit th em to i s su e beyond the prescribed amount except upon sound grounds. N ow, I conceive that this principle yid be applicable to a n y ot h er b an k , as it will give increased se curit y to the country and tend to confirm the stability o f all bark ing concerns to which it i i r " coffersland should tothe be amount 3 00 0. : may be applied, an d I am satisfied that it will tend to promote the general prosperity of th e b an k s both of Scotland and Ireland—that it will in no way inter fere with their modes of conducting their business, or interfere with the pl in or order . of those b an k s , w hil e it will, at the same time, in no - way prevent them from giving the same amount of accommodation to their customers. Now some of the banks i n S co tl an d already hold considerab le amounts in sp ec i e . I believe that some of the banks in Scotland do not hold less. at the present moment, than . one-fourth o f th e i r w h o l e issue, and some not less than a fifth in specie. Now, let us see as hat will b e the effect of these new regulations on the whole amount of issu e o f the banks in Scotland. I hold in my hand a return of the cir culation in Scotland during 13 months ending in March 1845, and I find by that return, that on the 27th April, 1844, the amount was 2,714,00(11.; in the week ending May 25th of that year it was 3,041,000/. ; and in June it was 3,117,0001. ; and the highest amount which had been issued was returned for the week ending on the 7th of December, 1844. In the week which ended on the 12th of October, of the same year, the circulation was 2,937,0001., and in the week ending the 7th of December, in the same year, the amount was 3,486,000/., being an amount of excessive issue, in that week, of nearly 500,000/. I am aware that this appears an excessive issue from these banks, as compared with other banks ; but it is well known that at that period of the year the issues are larger than at any other time. And in consequence of the peculiar circumstances of this country, I believe it is a fact that the issue in November every year a moun t s t o near ly half a million more than it does at any other period of the year. The average circulati on o f th e Scotch banks , taking the total • amount of thirteen months, is 3,041,000/. That is the amount the Irish and Scotch banks are permitted to issue. S u pp ose th e y we re allowed toissue 500,0001. in excess of th a t amoun t. What they are required to do is, i merely to h o ld one • s i x th o f th e ir circulation n specie. If they hold the amount of 3.000,01'01. among them, they will be enabled t o i ssue 500,000/. above that sum. This is the principle upon which the banks of England aro regu lated, and i s it too much to ask them —retaining, as they , do, the privilege of issuing 1/. notes—that they should retain in their coffers such an amount of specie as that which we ask? Suppose the wants of the country should increase, and that the circulation should reach 4,000,000/. would it not be desirable to have such an amount of coin in the coff ers as wou ld secure sta bili t y and prevent a disastrous shock ?—( Hear, hear.) There is nothing so delusive as to think that this arrangement would cause inconvenience the trans ac ti on o f b us i ness. I will give you a good specimen of a bank conducted with due regard to this stability. A bank of the hi g h es t respecta bi l i ty, an d which is under no obligation to contract its circulation, whose members are men of the hi g h es t respecta bili t y, and whose business Is conducted i n a most unexceptionable manner_ I meals the Provincial Bank of 1 reland—that bank is, as I said before, a most prosperous concern, and attracts th e genera l confidence of t h e p u blic. I do not by this imply that other banks in Ireland are nut equally solvent and respectable ; but this is the only bank which has furnished me with an amount of its circulation. The amount of the issue of the Provincial Bank in Ireland, taking the circulation up to the first Saturday in March, for several suc cessive years, and comparing the amount of circulation with the amount o f spec i e i n g old and silver held by that bank, except an arranoement with the Bank of Ireland, is as full iws : —On the first Saturday it " in March , 1838, .had a circulation of 350,000/. ; on t h e same day it held a deposit mph! of 305,000!., and in silv er o f 40,000/., that is, 350,000 /.in /. n specie ; in 1840, on the same d ay , the notes issued amounted to 860,0001—the amount of gold laid by in the bank was 3,31,000/., and the amount of silver 62,000/. ; in 184 . 1, the amount of notes was 832,0001., an d the amount of silver so large an amount as 70,000/. being a deposit in specie of 391, , 00/. Thus the average am ount of specie retained in the coffers of the Provincial Bank of Ireland was nearly ono-half of its whole circulation, and this, be it reasembercd, entirely voluntary on the part of the Bank. On the first Saturday in March in the preterit year the amount of notes issued was 1.0-16,0001 t, and the amount of gold held by the Rants 30,0004, anil the eittotint Of siliet 20,0001., the total m ,unt l oeing 42d,0001., vo'untarily held by that banlc—a bank which, as he said before, had given the greatest sallsfacti n to its "proprietors Isnd to the public. In those cases there was no such e o rreApOnding amount . f . 3 cute to i sue but I require that 4 . 1 4' 're sh d l i be,. a ,*irtititt altoiint of speCie to support issue. Now I propose, in order to give ample time, that this shall not take effect until the month of January next, and I feel perfectly certain that in England and Ireland, without the least disarrangtment, the bankers. will be enahlisil to irialFe condecting 'ail - airs under the new regulations in that time. What will be the bearing of this in Ireland? In the case of all the Irish banks, there has been a rapid increase of circula tion since April last. In the case of the Bank of Ireland, the circulation of that bank increased from 3,600,0r0/., as it stood in April last; . to 3,90 . 0,y09/., at whir it ,qtbl'l prefselit. The alggiikale circulation of the other banks increased from 2,357,000/. at which it stood in April la , t, to 3,105,0001., at which it stood at present. If lie compared the increase from August last year, to the 29th of March in the present year, the increase of circulation of the Irish . banks other than the Bank of Ireland has been from 1,974,000/. to J,105,000t. Now, I should object against taking the last three months in Ireland as a foundation by which to determine the fu ture amount of issues. —(Cries of " Hear, hear.") I said that in the case of Scotland that amount was matter of comparative unimportance, because I am bound to admit that there has been no excess of circulation in Seot . and ; but seeing the rapid increase of the circu lation in Ireland, I think that I am perfectly justified in extending the average over the whole year. At the same time I arr. not prepared to say that this increase has taken place for the purpose of obtaining any undue advantages. There has been a great increase; but I think it has principally arisen from this circumstance--namely, that the returns have been Made with greater accuracy of late than they used to be. The information which has been supplied to us within the last few years has been more accurate. A portion of this increase arises also from the gratifying fact that we have had a good har vest, and that we have had an increased demand for capital in Ireland. All these circumstances have increased the demand for circulation in Ireland, and augmented the issue of promis sory notes. Now. take the case of the Provin cial Bank of Ireland. This will nut operate on that establishment in the slightest degree. That bank has a reserved fund of 400,0001., which will afford a suf ficient security for an increased amount of issues, if such should be necessary. I believe, with regard to the Belfast bank, and with regard to the National Bank, that the same circumstances 'prevail. They have each a reserve of specie that will enable them satisfactorily to work this measure, with out deranging their circulation. The amount of the issue of the Bank of Ireland at present amounts to 3,706,0001. The amount of the circulation of the other banks of Ireland amounts to 2,565,0001. ; making the total issue of bank-notes for Ireland 6,272,0 0/. Now it is possible this question may arise—in England, in the case of the bankruptcy, or the with drawal from circulation of its notes by a provincial bank, it is permitted to the Bank of England to step in and supply the void. Now we take the permitted eir cu'at ion in Scotland at 3,441,0(V/. But suppose the case should arise of the bankruptcy, or withdrawal of one of the Scotch banks, how is the void to be supplied ? In Eng land, the Bank of England can supply the void on giving secu rity for two-thirds of the issues. But as the jurisdiction of the Bank of England does not extend to Scotland, I may be asked, if a void should occur in Scotland, how is it to be filled up ? I suppose that a bank fails, and that 200,000/. is withdrawn from circulation Now the issues of the other banks not being restricted, this would impose upon Scotland the necessity of providing an additional supply of gold. We can not in Scotland adopt the same means which we do in Eng land. Now I propose in Scotland, as we have r.o other establishments except joint-stock banks-1 pro pose in Scotland and in Ireland to permit the union and incorporation of tke two joint-stock banks. I repeat that I will permit in Scotland and in Ireland, too, joint-stock banks to he incorporated, and I am of opinion that this permission will give a more ample security for their sta bility.—( Hear, hear.) The permission for two joint-stock banks to be incorporated will, I am of opinion, provide an ample remedy against any derangement in their monetary cir eulatien.—(Hear, hear.) I am not aware that there is any, poiut connected with this question, which I have omitted to state to the House. I think it will be seen that I have accorded to Scotland and Ireland the principle which applies to joint-stock banks in England. I require no obligation from them. I ask for no interference further than this, that they do not exceed their limits, and that their issue be justified by the specie they can command. I propose nn limitation to their issue, provided always they have deposited a sufficient amount of specie to warrant that issue. It Parliament will sanction this measure they will do much towards the establishment of the circulation in the United States. A guarantee will be given for the amount of 'the banking circulation, nor will that certain amount be exceeded, excepting it be justified by the amount of specie at the disposal of the bank. You will be adding a guarantee that that circulation will be only limited on •secure principles, calculated to give prosperity to the countries to which the measure shall be extended. Some years ago, when the Bank of England made strenuous endeavours to substitute a gold currency for a paper circulation, I speak of 1836 and of 1839—and, if it be necessary, I shall be enabled to show that it is but just to im pose upon Ireland, and to impose upon Scotland, the same part of the burden—a burden, I admit, to be borne by them in very unequal proportions—of being prepared to meet the de mand which any sudden politioal panic or commercial struggle might cause. I think this might be done to a very great ex tent without interfering with any one interest in the State, and without diminishing to any extent the legitimate accommoda tions which have been heretofore granted, or can be expected by the agricultural or any other interest in Scotland or in Ire land ; and, I do hope that, upon reflection, you will permit the Bill to be printed, that its enactments may be known, and when we next come to its consideration, I expect that you Gentlemen of Scotland, end you Gentlemen of Ireland, will admit that the Bill gives security to our general circulation without, at the same time, affecting any of the interests which you naturally and justly cherish.—(Loud cheers.) The Bight Hon. Baronet sat down at twenty-eight minutes past seven o'clock. After Sir ROBERT PEEL moved the resolution, Mr. CHARLES WOOD said that he did not wish to enter into any discussion at present, but he merely wished to ask the Right Hon. Baronet a question which would make the position of the banks in Scotland quite clear. With reference to the 235. bank-notes, he wished to know whether the Right Hon. Gentleman intended to interfere with them, or to leave them as they were? Sir R. PEEL said that he did not wish to prevent their issues, without acquainting those who were interested in the matter. And though he thought it would be an improvement to sup press the issue of 255. bank-notes, he would reserve to himself the opportunity of acquainting the interested parties. Mr. CHARLES WOOD wished to ask the Right Hon. Gentleman whether his intention was to continue the returns of the Scotch banks as they at present were ; whether it was his intention to compare the monthly average with the yearly limit, or whether they were to be called upon to make a confidential return of the amount of specie which they held at all times, and if this monthly average was within the yeas's 1 imit it was to be considered satisfactory, but, on the other hand, if it was to exceed the yearly limit, it was to be considered unsatisfactory.—(Hear, hear.) The banks in Scotland generally held a quantity of specie, averaging from one-fourth to one-sixth, he might say one-fifth, of the specie which was in circulation. If he were right in that assumption, that one-fifth of the circulation was at present held by the banks in Scotland, he would ask whe ther they might extend their circulation one-fifth beyond the yearly limit? Sir R. PEEL said that that was the principle which prompted them in England to issue 800,0(30/. beyond the yearly limits, but if that were exceeded by 500,0001., then they were liable. It was precisely the same in Scotland. They dealt with Scotehrnen in the same way as they did with Englishmen—they required that they should be responsible fur the extent of issue. Mr. C. WOOD said that be did not wish to argue the question, but he wanted to know whether there should be a publication of the average of each four weeks' circulation, and whether that was all they were to have. Sir R. PEEL said that he had net entered into any engage ment with respect to the returns with any Scotch banker; he would reserve to himself that which he might think proper to inquire into. He would require from the Scotch banks the same returns as he required from the English ; all the neces sary information would be given, and the names of the parties concerned should be publi'hed.—' Hear, hear.) Mr. FOX MAULE rose to thank the Right Lion. Gentle man opposite for the very clear and distinct explanation which he had given of the measure which he intended to bring before them. He thought that it would be wrong in him to give any opinion under the circumstances ; but he could not help saying :that it was not so dangerous as they expected ; but he would wish the banks to remain as they were and that this matter would he settled upon amicable terms, and without interrupting that confidence which Scotland had, in its long-continued and unimpeached system.—( Hear, hear.) He came down to the House under the impression that it would be for the benefit of those who were interested in the measure, and that an explanation should go down to Scotland to that effect, without any ulterior steps being taken. With regard to that, his opinion was altered. He thought there could not be any objection to the Right Hon. Gentleman bringing in his Bill, and in its printed form they would be better able to judge of it. All he had to say on the present occasion was, that on assenting to the introduction of the Bill, he did not conceive they wore bound to any f the details contained in it. He said that it was not for him to enter into the particulars of the plan. He did not think, however, that it would in any way affect the currency in Scotland that it would not impose upon the banks of Scotland to hold one sovereign more than was necessary for their responsibility, and it would not add to the security of the banks. He thought from the way they were about to deal with those establish ments that in this country there would sooner or liter be one bank of issue for England, Scotland, and Ireland. He thought it was his duty, if the Right lion. Baronet at the head of her Majesty's Government harboured such an opinion, to refer him to a work of one of the ablest writers on currency— namely, the Secretary for the Horne Department, in which it is stated that nothing could be more dangerous than such an establishment. He would ask, before he sat down, post poning all freedom of discussion till the time they should have the Bill before them, whether considering the throe millions should be paid upon a capital of upwards of 100,00/. that that three millions, so limited in its amount, was perfectly sufficient for the security of the extensive trade of Scotland ? He would also ask if any bank should fall short of its monthly average, and another hank should exceed it, whether that should not be held as the test? He thought that there should be an aggregate average, and that if it did notexceed three millions, or whatever was the stated maximum, it should be a proof that there was no excess. He should say no more than that the Right Hon. Baronet, in his opinion, re deemed the pledge which he had made more in souls(' than in substance. Mr. COLQUHOUN wished 'to express his thanks to her Majesty's Government for the discretion they had used. If there was to be an interference it should he of a limited nature, and from what he gathered from the observations of his lion. Friend he :considered that her Majesty's Government had ex ercised a remarkably sound discretion on this measure, and also on that of the Scotch poor-laws. He thought that the ar rangement might act in some degree badly in agricultural dis tricts, yet that in towns the plan which was proposed was perfectly fair. He thought that at certain periods it would press sorely upon the commercial and agricultural interests. Mr. HUME would assure the Right lion. Baronet that he Caine down to the House expecting that he would do more, and that 'ne would do mischief, bat he was now convinced that he would be able to carry out all the proposals except that in point already referred to. It appeared by the evidence taken from two very intelligent men, that in two periods of the year, when parties came down to the Highlands for the purpose of trafficking, it was of the utmost importance that the issue would not be limited to what was proposed. The Jtight Hon. Baronet would find that in taking the averages they were not at all times equal. That was the objection -which he would make ; and as it was a mere matter of detail he was sure the Right Hon. Baronet would concede :to it. He defied the banks of Scotland to issue 10,000/. more than the wants of the people. The issue of Scotland would tosssain as it was, He thought that it was of great import= to 461 ind that there be no increased it•sne. Ireland would then come under the same system as Scotland, and he was per fectly satisfied that they would have none of those ir regularities which arose from the existence of monopolies. Mr. BARING way inclined to agree with the merits of the measure of the Right Hon. Baronet, but he should reserve his opinions upon the details until another stage of the Bill. Mr. SHEIL approved of the measure t o far as it related to Ireland. _ Mr. WARBURTON asked if banks making an excessive be afigwvd to pay their notes when 40s. in value in issue “ , silver? • would be no alteration in Sir R. PEEL replied that there .. the,present system of paying in gold. After a N..% wdrdi troth Mr. litrme and Mr. STEwi.7. l WORTLEY the resolution was agreed to. The House then resumed, when the report was received, and a Bill conforming with the terms of the resolution was or dertd to be brought in. MAYNOOTH. _ On .the order of the day being read for the House going into Cilttliiiittb€ Its vine the grant tti Maynooth, Mr. Fox Maule Mr. La*, girl gtoratt, Mr. Spooner, Mr. Hume, Mr. liright, Mr. B.nnerman, and eitfal other Hon. Members, presented petitions against the grant. On the question being put for the speaker leaving the chair, Sir R. PEEL rose to ask his Hon. Friend the Recorder fer the City of London, if he woo it coo tent to postpore mo tii.,n of -shich he had given notice until a later stage of the Bill? It was quite imfiossible, after hearing a lengthened address oil so fatiguing a question, that his Hon. Friend could secure the attention of the Houee then, and he therefore hoped his Hon. Friend would accede to the gen-ral wish of the House, and postpone his motion until they went into Committee on the Bill. Mr. LAW said he was prepared to accede to the request of the Right Hun. Baronet; but stated that, in Committee, he would give notice that, on the bringir•g up of the report, it was his intention to move that it be received that day six months. The House then went into Committee. On the question being put 0-At 30,00'.1 be voted to her Majesty, out of the Consolidated Fund, to defray the expense of purchasing lands, and erecting such buildings as might be required for the College of Maynooth, Alr. LAW gave notice that on the bringing up of the re port, he would move that it be received that day six months. The resolution was then agreed to, and the House having resumed, the Chairman reported progress, and the report was ordered to be received on Monday. SUPPLY. On the motion of the CHANCELLOR of the EXCHE QUER, the House went into a Committee of Ways and Means, and voted a grant of Exchequer Bills to the amount of 9,379,000/. The House then resumed, and the Chairman reported ac cordingly. The Physic and Surgery Bill was after a short discussion read a second time. . . . . The College of Surgeons and Phisicians Bill was also read a second time. The Infeftment (Scotland) Bill was read a third time and passed. The other orders of the day were then diAposed of, and the House adjourned at five minutes past Nine o'clock. RAILWAY CO3l ITTEES. (YESTER DA Y.) Group No. tl LEEDS AND MANCHESTER LINE. FRIDAY, FIFTH DAY. (Continued from our Afternoon Edition of yesterday.) The CHAIRMAN announced that the Committee had decided that they considered the preamble of the Bill of the Huddersfield and Manchester Company proved. When th is announcement was made, a long argument ensued u to which line should next be taken. The discussion occupied a considerable time, and the counsel of the differen 'projects kept up a constant cross fire of contradiction, which ended in The CHAIRMAN stating that the Committee had decided that the question now before them was one of so complex a nature, that they should take time to consider it, and consult some authority. In the meantime they would proceed to fill up the preamble of the Bill they had approved of. The clauses of the Bill were then read and agreed to, until clause 25 was read, which was relative to the charges to be made for tolls; but the further consideration of it was postponed owing to the House of Commons ha. ing, the night before, made a rule regulating the maximum sum at which toll charges should be made. Mr. TALBOT asked the Committee to go out of the order of the clauses, as he wished to examine Mr. Gisborne, M.P., as a witness to certain facts in reference to the contents of a forward clause re lating to a certain canal. . . Mr. Gisborne was then examined—Was a trustee to the Staley bridge and Duckentield Canal. All the sites on the banks of the Ashton Canal were taken up by steam mills; the reason of that is, that the Act contains clauses to enable mill owners to build them, and take water from the canal for condensing, and return it again to the canal, without charge; the Huddersfield Canal Com pany refused to allow a miller to take water from their canal even at a charge, and therefore the miller declined to build, as he would be at the Company's mercy, either as to their amount of charges, or the sum they would expect for passing pipes under the canal to the river. Cross-examined—A great number of the mill-owners have pur chased the right to take water trout the canal. Mr. BAINES said that the Canal Company did not seek for any new powers whatever; but the owner of the land, Lord Stamford, expected to be paid a fair sum for his ground. If the clause con tained some provision fixing the compensation which the Canal Company ought to receive, they wculd be satisfied ; but they con ceived they were in justice entitled to some compensation. Mr. TALBOT said he conceived it would be unjust to ire his clients to do now what had , never been asked before. The CHAIRMAN said the Committee could not go the length required by Mr. Talbot ; and, therefore, it would be well if so no amount could be agreed to. _ . The Committee suggested that 2s. 6d. would be a sufficient cosnpenqation. Mr. Sautes protested that it was not a fair offer. The CHAIRMAN said, perhaps, then, the Canal Company would not object to allow mill owners to pass pipes under the can si. Eventually, the Comtnittee left it to the counsel on both sides to settle the terms amongst themselves. Counsel, however, could not agree on the terms, and the matter was again referred back to the Committee The Committee dccided that the tax should be 51. on every horse power. The remaining clauses, with amendments, were then agreed to, and the Committee adjourned. Group T. SYSTON AND PETERBOROUGH RAILWAY. (Continued from cur Afternoon Edition of yesterday.) • • Mr. W. Babling's examination closed the evidence in support of Lord Harborough's petition, when after an address from Mr. WHATELEY, who had waited to speak after, instead of before the examination of his witnesses, and a brief reply from Mr. HILDVAItD, the room was clearel. On its being re-open* the CHAIRMAN intimated that the Corn. mittee considered the preamble proved, subject to a reconsideration, and that Lord Harborough be invited totall in with the views and plans of the Company. The Committee then adjourned till Mon day at Twelve o'clock. Sub-Committee (No. 3.) GLASGOW HARBOUR UNION RAILWAY. (Continue d from our Afternoon Edition of yesterday.) Mr. Gordon, the engineer of the projected line, underwent a lengthened cross.examination, to prove that the route of the rail way, as delineated on the plans and sections, did not correspond with the description given in the published notices. Mr. BURKE contended that the preamble of the Bill was quite consistent with their notice. It was true that they had abandoned a portion of their line, but the original notices were so diffuse in their description and detail, that the line set out and specified in the Bill was amply, if not minutely, described in them. The CHAIRMAN ordered the room to be cleared, and the Com mittee, after a short cot sultation, decided that the standing orders had not been complied with. Group D. BLACKBURN, DARWEN AND BOLTON RAILWAY (Continued from our Afternoon Edition.) Mr. Vignolks was then examined by Mr. CALVERT, and cross. examined by Mr. WEBTER— lie stated that he had surveyed the whole line, and was satisfied with it as at present laid out. No part of the line was proposed to be worked by assistant or sta. tionary engines, and no turnpike road was intended to be crossed on the level. The line leaves Blackburn near the centre of the town, and thence proceeds over the Leeds Canal, passing through the valley near Darwen, where there is a tunnel nearly a mile in length ; it then goes on to Little Bolton, where It joins the Manchester and Bolton Railway. The entire length of the lino is 136 miles, and the principal gradients are 1 in 72 and 1 in 75. Several embankments were necessary, each of which would form the side of a reservoir. The total cost of the line, including land, &c., would be 293,672/. 13s. 7d. The estimated expense of working was 40 per cent. on the capital. There were a million and a half yards in the embankments, which would cost in working told. a cubic yard. 'I he cost of via. ducts, together with tunnels, would lse 193,41/91. Th greatest height of the principal viaduct, which would be erected over Bradshaw Brook, was 115 feet. There were three viaducts, which together would measure 555 yards. The largest viaduct was 140 yards in length. The cost of bridges, including viaducts, would amount together to 89,9301. The upper works and fences were calculated at 66,313/. No allowance in the estmated expenditure had been made for stations. The quantity of iron which would be required for the purposes of the railway amounted to ten tons, to be purchased at the rate of 701 per ton. The line would be worked by a heavy engine calculated for severe gradients. Mr. Dargon, the contractor, was then called, and said he was of opinion that the estimates for the line were correct, and he would most willingly undertake the work at the present estimates. Mr. Robinson proved the assents and dissents. Mr. Hutchinson said, that the value of land and buildings to be taken for the purposes of the line was reckoned at 27,0001., land the quantity of ground required would be 18.5 acres. After the examination of these witnesses, Mr. Merewether stated that his case was finished. Mr. Sergeant Weaeortam then rose and stated that it was his duty to state the reasons which he had to offer on behalf of the Accrington line in opposition to the proposed railway. He con. tended that a case had not been made out by the promoters to warrant the expenditure of so much capital, and that the result of the receipts would not afford a remunerating profit, and that the lines being competing, there was no fair expectation that there would be sufficient traffic to support them both. The CHAIRMAN here interrupted Mr. Sergeant Wrangham and said, the Committee were of opinion that the proposed railways could not be looked at in the light of competing lines, but were simply co-existent, and therefore Mr. Sergeant Wrangham, if he appeared to oppose the Blackburn and Darwen Railway as a competing line, was not competent to be heard. Mr. Sergeant WRANGIIAM, in reply, stated that it had been de cided by the Classification Committee that were the railways were included in the same group, it was allowable for counsel to offer evidence in opposition. He then recapitulated the grounds of his objection, and said if the proposed line were permitted to pass the public would be the sufferers. The CHAIRMAN theta requested Mr. Serge ant Wrentham to specify the particular points which he intended to oppose. Mr. Sergeant Wrtasicfram said that considerable injury would result to the Company for which he appeared, and that the traffic from Blackburn to Manchester, which his line intended to carry, would be materially interfered with by the Darwen line. On these grounds he took his locus slandi. The ,CHAiRMAN observed that the Learned GenCeman had better call his witnesses, which, however, after some hesitation, he declined doing, and said that, after what had fallen front the Committee, he thought it would be useless to pursue his opposition further, and he would at once throw rip his brief, as, in the exer. cite of his discretion, that would be the best means of sparing fur. thcr expense and much unnecessary trouble. The preamble was then admitted to have been proved, and Mr Sherwood, the agent, proceeded with the clauses, which were al admitted. _ . Mr. PAGET, at the close of the proceedings, made an application to the Committee for leave to oppose the .6th clause in the Accrington Bill, which had been passed yesterday in his absence. After considerable discussion it was decided that Mr. Paget's motion could not be entertained, as the clause had already re. ceived the Chairman's signature as having pass e d. A messenger from the Commons then entered, and announced that the speaker was at prayers. The Committee adjourned till Monday at halt past two o'clock. The title of the Accrington, Burnley, and Colon Railway has subsequently been altered to that of the East Lancashire. (Committee S.) The Committee re.assembled at two o'clock this day ; present Mr. Stuart Wortley, Chairman ; Mr, Swart, Mr. B. Hughes, Mr, Ainsworth, and lir, Wrightson, The Committee procetdcd with the Corporation ia•P clause in the Z't ir:ti IP:400n ASSM' THE MARQUIS OF BLANDFORD TO THE EDITOR OF THE " MORNING CHRONICLE:. (Copy.) Blenheim Palace, April 26, 184 of 5. c : 4 .—With reference to an article in your papa yesterday, re:,:,!'nz to the considerations which induce" me to res;gn my seat for Wocd,:l4,A. I feel it my dotY at once` to refute the unfounded and calOwnious insinuationrs therein set forth, that the Duke of Marlbo;"nugh used n t le menace or intitni , lation of any sort or kind to VP occasion of my vote in favour of the grant to ltlaYe®.; As I stated in my address to my constitu ents, that rei.b. nation was tit act of my own, induced by p rirate cost' do ations N 5 ith I conceive, neither y ou or the public hay.: the slightest right to interfere. I am, Sir, your obedient serva nt, (Signed) BLANDFORIh eith . _. _......____ S ' ) CHE FUNDS—(CLOSING PRI C o N r itiv- ' OE CLO S1 s ~B MUTES OF BRITISH FUNDS. O'CLOCK. 210 Bank Stock . , 2;214 210 98 3 per Cent. Reduced - , , 98 4 • 99 3 per Cent. Conscis New 3% per Cents 100 3 A 101% ' / 19; ~ Long Annuities to expireJan.lB6o 111 7 4 India Bondi, 1,0001.. Ditto under 1,0001.. - South Sea Stock 99. Ditto New Annuities ConsDls for Account.... 9 9 14 55 Exchequer 13111 s, 1,000/., 1 1 ,4d.1 60;58 PM" GO Ditto 5001. . ... 58 60 Pi n ' 58 DittoSinall 0,05 1 t ONE r ico l * PRICES OF FOREIGN FUNDS O'CLOCK. - S ..., Mexican, 5 per Cent. 1837 — 37 Ditto Account Ditto, Deferred Portuguese Bonds, 5 per Cent Ditto, Converted — ' • 66 Ditto, Account 6 6% . 114 Russian,Bonds . .. 117% ....- Spanish ! per Cent. 1840. Ditto, Passive Ditto 3 per Cent. .. 6 3 4,„ Dutch, 2% per Cent . Ditto, 4 per Cent., Certific 9 7 1 , 4A1% . suid PRICES OF PAID. A ONE O'CLOCK. gifesB. It LIILIVAY SHARES Aberdeen krinagh, Coleraine, and 2% Portru.:l _..1% __2,4 ............ ,35 Birmin and Gloucester. 100 - 133 ............. _ Jo. New i — ............... tlii Ditto 1 ,4 Shares Bri'ton, Lewes, & Hast. 10 - Bristol and Exeter Do. New . Bristol and Gloucester... 30 Caledonian Cambridge and Lincoln 11, Chester and Holyhead... 5 Cliurnet Valley Coventry, Bedworth, and Nuneaton Direct Northern Direct Norwich I 'ublin and Belfast June 2 1 ,4 l O 3 /4 ............ 4 Dublin and Galway 2 l / 2...... 4 1 / 2 1 4 ...... *" Dublin, Belfast, and 24 Coleraine Eastern Counties 25 ...... 19%1/4%Nig." Ditto Perpetual, 5 per 14 Cent, No. 1...5/. 13s. 4d l l / 2... ............ 04 Ditto ditto, N 0.2. l3s. 4d Ol/2 ............ __.l Eastern Union Ditto Extension Edinburgh and Glasgow 50 u, , ,N Ely and Bedford Great South. and West. 17 / (Ireland) Ditto Extension Great North of Scotland 52 2 11 i . 1137% 17......................... 134 5 %••••.. .. .. ..... , Great Western so ...... —......- ..... W e Ditto 1 / 2 Shares 5O lO 3 l /2 ••• ..... '" , Guildford, Fare'in,Ports. 214 ... 514 3 /-t ......... . ' Harwich Hull and Selby London and Birminghm (Stock) 234 ... ............ 5i Do. 1 4 Shares London and Blackwall. 161. 13s 4d 9 l / 24 8% ••,_;;Z ° London and Brighton... 50 ...63 62 3 / 4 631/2 6 4- Pi 17 : London and Croydon, 131. 15s. 9d. - 17 3 1 / 2 ••• ....... '. - --, .7 • Do. Guaranteed 5 per. Cent. London and Greenwich 12/ 15s 4d - ............... 0 , Do. Preference -.18/ 17s 2d 24% ............... 00 London and S. Western 4116 s 10d 80 ...... ... , ..... 144 Do. New London and York 2 l /2 - 4% 1 / 2 1. 4%'''''. . . 4 Londonderry and Ennis- - .. . • ' el killen 2 l /2 4 ........ ~„, . 57 . Lynn and Ely Manchester and Birmin. 40 Midland 100 Do. New Midland, Birm„Derby 100 ll5 .......... •••• • 414 Newark and SLetlield ... 1 1 / 2 5% 4 3 / 4 ...••••" 1 1 t • North British ..... ..... 10 Do. New North Kent North Wales Rugby, Worstr, & 'l'ring 1 Scottish Central - 3 z•cottish Midland l l / 2...... 346%...........• Shrews., IVolverhamp , .4 Dudley, and Birm 2 1, 1 2..... 4% 3 ..... . ........ a s.; South Devon... South Ea,tern & Dover:33/ 28 4d 4lv, 40 3 % ...... • . 9% Do~ N 0.2. Do~ No. 3 South \Vales 2%...... 5% .•......... 1 • Staines and Richmond 1 Trent Valley 2 West Cornwall ..... 114... .. ----1 3 8,3" .. .. ................ . .. .... 1 2 95 n 7 Yarmouth and Norwich. 20 Ditto, New York and North Midland 50 lO3 102......•..... ' 4 5 , Ditto Scarboro' Branch. 25 .. ON • Do. Selby Do. Extension FRENCH RAILWAYS. 1 0 ' Boulogne and Amiens.- 4 Bordeaux ar:d Toulouse 2 Great North. of France.. 4 Do. do. (Rosamel's) 2 Great Paris and Lyons 2 21% ......... ... 4, L .. ouvain and Jemeppe... 2 . .. Namur and Liege Orleans and Vierzon Orleans and Bordeaux._ .. 2 ...... 101/24,. ... •• " 3 ./ Paris & Lyons, Laflitte's '' Paris and Orleans Paris and Rouen Paris and Strasbourg ... 2 Royal North of Spain ... 2 Sambre and Meuse ..... 4 Tours and Nantes, Mac kenzie's 164 JOINT STOCK 131 22 1. 92 ; 81 / 2 1 1'.343 : 1:11 ....................... ........ :9'./N National of Ireland l 7 l /2 16 % 1/2...••••" '•. - LLOYD'S SHIPPING. IMPORTANT TO MARINERS - 10 .4 KINGsTowN, A cum 16.—A green buoy has been j't the on th,o wreck of a brig sunk on the inner ede J re d Victoria Bar, on the following bearings bu can buoy, W. S., by compass, and V. I. black nunroent N.W. by N by compass. Her maintopmast is 3t the tOr standing, and there are ten feet more water i° than on the wreck. CAUTION TO MARINERS BOUND GRENADA. uo ci° ' Extract of a letter received at Lloyd's from tb ° • dated March 25, 1845.—" The Commissioners harbour and Port of St. George's make known ° v . 's e . , ° as agent fur Lloyd's, th a t the red and blac k bu' i e'lbee° the Three-fathom Bank, eff Point Salines, ba vin° carried away, it is not the intention to replace t? EAST INDIA SHIPPING. Arrivals—A , usta Jessie, Harvey, tcfrom in the Downs, sailed Dec. 6, Cape, Feb. 10. we b, 2 1 Arrivals at Colombo, Ceylon—Alibi, Rhode s, ' h from Calcutta, and sailed 24th to Guile ; P u t c i . a e liO jj : Northumberland, Scott, 22d, from London • „" 1 - , t ittg,' Auld, from Calcutta, and sailed March 10 to ' k-d 3.- Palmyra, Daniell, 26th, from Bombay; Canaillns;tiort, ton, 27th, from Cochin to Liverpool; Colurabu', 50' pr March 2, from London to Bombay; Dove, Spret, from Madras, and to sail 18th; Bangalore, Smit,h', Galle; Constance, Martin, 6th, from Mauritit"roo sailed 14th to Cochin ; Emerald, Nichol, 9th. 1001' Moulmein; L , mnos, Russell, and Triad, Brow" , f r olP from Mauritius ; Champion, Helpman, 11 , h h ,; We," tern Australia to Bombay; Lady of 1 3k ,, Taggart, 11 th, from London; Skipton, Johnio'" t from ;Mauritius ; Duchess of Clarence, from ' I,olle Tut ucoran. Departures from Colombo—Cheber , Feb. 229 tolls don; Mermaid, to Calcutta; Lydia, March 3, I° TV and Moulmein; Thomas Jones, I 1 th, to Gtale. oli Sharp cleared at on Bombay —fo the 14th rDorosina London. from •-• r. 1% -err Arrivals 4 Flora, Muir, from the Clyde. Arrivals at Hong Kong—Royal Alice, Marrginnal 80; Hannah, from Liverpool ; Chusan, from the Mohawk, from London. b. ''')s ; 3 Arrivals at St. Helena—Lady Douglas, ejturot, Atlantic, Emanuel, Ann Maria Jane, Visitor, Ilarirquin, and Albion, '4th; lantb e ' J th oni! and Louisa Jane Agno, 25th; Phumix, Jessie (J4,""fro. and Troubadour, till from lehaboe ; Itusebea, Algoa Bay; Sussex, Comin, 26th, from Mak ritius- BlRT•nciel On the 24th inst., the Lady C harlotte Chet w -' , - daughter. Lai'll're' Oa the 23d inst., in Upper George - street , Por t-- - „ the wife of John C. Langinore, M. 8., of a son. , i e v, On the 23(1 inst., at Barnet, the lady of E . C. l 'Y " of a daughter. MARRIED. I, St• Ce' On the 24th inst., at the Roman Catholic chalw. ii ,, 1( 0 , - ter's, Joseph Sydney Wollett, Esq , of Lanark l' - ' i- i lli 3 ' mington Priors, to Jane Matilda, oilli• daughter of i ‘ v , 50 ° Francis Patterson, Esq., of Brunswick-house, is t town. , Col' DIE D. / held' h i tt , On the 14th inst., at Boppard, on the Rhine, oaroer,'- quhoun, the youngcnt daughter of Major Andrew J: of the Madras Army. e of Pr On the 22d inst...Thotnas Wright Wells, ESCI"I3t vonshire-street, Portland-place. .-- f - - o yo • 110 , 1. noon Pr .rated and Published hr MURI ) N 0. 1 , Of No. 112, Strand, Print4r, at The SU'l Of 6Ce ' 001 107 - Strand, in the Preciact of the Savo'. in tho Middlesex, Saturday, April 26, 1845. NAB n a t he TI a - -t or 31 It h as .., I " l3 hts oi ..ev rned with tilt 4 " who,coe.stin 4 „. Th e 13 , lIDAy: " th Lo ndo The 4.e (--- - 2 --- vel .'c Ea T° Gentl e en stru et z "I T , est OAri - e ta qty Ra te q 711.6. ro Lic. Prom ' l ottin i