The Sun. — London, England, 1811-07-09 00:00:00

4 :' ,4 . 11kk !In o,4ir „ f'.. `_ ' ~~. ~. •~' .Y' ~~ iy ''l: ..1:. , i ..,,. . y 1:, , IF I} , a! f :'. ~ s ~' .•~ .~' ,: 4 ts 7 rnni.. tie felt ' afterwards that it teal not tiece4r- , t city, and he regtetted the share had in its con thmince. ...11,t; the. same nine they must contend, 1 that the whole argument was erroneous, winch prd ceetteil upon the wind* Ont . the present system rested upon the flleaimre of., the year 1707. ,That ilia' wire was cont Meed only to ihe.ctid tat the:then W a r......... Wit tO-1411L.1 4, ..az wt44.F.Q41:140,.. th . tajecessit . L .4 .. : f.",'r the' restri&-ln.ce,ised, in the eyes even 01 - t rose v whir had .supported it even ' to thnntid-ine tie , ar. Arrimporiant .change -then took , place, vial. respal to.ptablie titiance, public credit, the exchange, cm. retie) , and price o( bullion i, and it became not only poislble,,but tacile to put a period to the reistriClion. It , . tir4 continuance , wa corrip,rat'vely H Short. A new war aiter wards broke out, and rt was psoposrd to continue - .t h e restriction to the enil' ot the War.,. I;very argunient be .could Sat gilt Si, wet i,11,; , !(.1 by him ag.inist subjecting . the country to bitch a state of .calni.iiy-7a . state . which at . all others., tended to enkehle our tneaus of carry attg"on•llie war. This Was a principle that ivould api,li to evtry future war. The Noble Lord kept vut pi view the dniereticc bet , v eel' , the" situation of the country ,in 1797, and the last war, ancl its ac- '. mil circianstances . in the present war. I o the for mer pet iod, a pette4t.belief ,obtained, t no dif- . lercuee intild arise at the time bet wveu 'the value ot (ill), and o:the paper currency ; 'tt was then so squill, and.. so it aoually, continued , dosing a part td, the present war. lie firmly, believed that the • fatal cost.setiotences they now &lepton:a, would riot 104 . re occurred, vt eat it not for the system of devour ing waste, which it - was tilt boast and ' glory of 'the ' present Ministers to hive adopted, and to their per. a,.Veratice in ii, many of the evils of the country are to be attrinuttd. It he were asked for . .1117. re- . ineciy; he w, , tild say, depart fromiliat - system. Lte lett to SWIM system, by woiett, m some . degiee, the exertions et ill? country-may be Measured by Its inesins. Make the intoests of tbe l countlY thie go vt't wog .imix.to ei its policy. , 'Milieu( 1 his every other remedy must beinntlectual. ' Let not the ex ertions of the country utterly exceed its meall,--- ' VW Nubi': and Learned Lord raid, that there were no otittr tneattit for , supplying these , exertions, than the sistem now in pradiee. This he not only ich,ott. , d, 'but anhOUtmed to the country that it woutl aggravate them : an Inntdted told. 131st, as he )had ' sato, theie was an ouvion., remedy. Eiantine the Ill , i4ittrdi Which iiiclui.ed the distress step by step,. blid lettace them step by step. 'There may be situ ations of calamity which may not admit ot a sudden and s itrunechate reinetly ; but were 01.01 ,to go on in a opurse of error, so . AS to pluninlis.lond the possibi lity (.(h,trieviug it I Let 1110 M exacnine the Simi,- t ' lorl (;t the con airy delioerstely, iind bee what v as p;,issible.io be done lit occite.s . 1,,, replace n init,,for 7 tn - •r siti.la i ion. 'I nese Weie hie' sincere and. hohett 01 initYis ; he 1)30 t):t o.'o delivered them, and at the eGinoiern ciir. 0 t t - if the was, he stood alrno.t ntotie iu 049`41 1 0 4 11 to the i4eastite which had induced the resettt ( 1, 0 ,4 , Wtili,reftpeCt to 4 41.'41.1hp:1 , T; ye and Litariied Load said ot site pending ; hardships of the dirterent cl ,, s+es of debtors usual crt.tiorii—he was so tat Instil cantina( itl; it, that his wonld say these hkrd siiii,s o.olc equaly AppliJabie tO.cvery Other th:,,Criill lion ot I 1:;,sto 4,0 Il.th, I.l.A.WVeti shall and man. The way in which liaLt case was, pot with res, eCt to distrait). 16- e; oh Itos pl , t of I#mulordsc was tie , thought, ra tin r niiutious. lie would ask whether that hew was wit:6W, it exchkeively , foi di'. , benefit of the l•.oo,ortia ? W.is it not al'7o t r the Welk of the 'ten ,ro.. ? .11 titoy tralsidered the present law in th , s reidtct onyis or ittiorioi.s, why not repo tl it at cox? Tile ( - bit:, ii latch the ;measure weot o, mill, ap plied to eyr.r3 , other clts3 as weil as landlords and t,. mints. 1 - 1 (.1 art' the, cr . ditor an iOdisputatilertht 'to be pad in i:nat coin sir money be had stipulaieo to reenve ? floist 'stood the lawi of the Comitry its ..,. that reSpectr? The Crown Lawyers v ere cempelied to rectirlo w.solete siat , ites to prosecute under laws diused for tAnitUrits, and that which the Judges'of the land unanamuusly - deelared to be the law on the subject, he had a tight * to aStilitue'w,zi4 the I iv, and se to aigne it. Bank [latex; therefore, were no tuure than the enga4ettlent4 oh a private CoMpany, 111.'60 associmen ey- 4t of eathament, but they . la td no otiter vvight. Such OW were their tokens ; thew wai no obligation tor their acixptaiice, and he Was - lad it wal so. With others, he regarded ' the Bank at England as the main 'pillar ,el our credit. said i , ur con - its:mice ; but this alone, as long . As it to tuained comp:tely indelit ndent of \ the Government of the couwiy. Soo, also was the principle which preVaded with respect to foritign Banks. Toose at .Franee , atad Austria, being under d spottc Govern wenn, w ere coo pelled to mix with the concerns of titter Governments, iiild suck 4 sptersi preyed their downhill. A 'contrary system ple‘aillng :here was the reasotr'why our No iondl Bank so long flourish ed t but ho'regrettett row to ree the endeavours of the Government to identity itself with the Bank,: 'and ti-ore so, so see thosre clibits countanancgdyby . the Governors of the Bank Itself. Thus was it cony• reed by Goverionent ' iota 'an .engine far sopoorting a syStetr) of piofusion. It was nearly, avowed that the system of the Government could not' be carried tart wlttiont snob piotuse issues. This; however, was not ail ; they did nut omi t ) at paper tokens; they nand have money tokens; isott tier; %Vial! flow,abo,3 l to be issued, elf a compe sition of metal otie•fittli leas than Itb 11011Jilial rldh.li!. topri%ate Coltip4tiy, 110V1t et IllpeCtikble in num beta,' are ettittioitot'd to circulate a depreciated spe. . cies ot coin. Bill lie bai,v in the Papers [bat iiiii was asserted. to be clone uthler the sanction of Partite, men , ; l'arliann us, with its,:eycs open; to•satiction [ruche bp 11 , itte, ttistead .ot the standard coin of the rano), Which was 'require‘t to be of a certain fine ness and quicily —ittseitil of this,' a species-tit 'cur rency Wit 4 to be united of tr full-tifth less hi its real I Lin in its notfunel value. Tins be could. not re. t , , ,,i , d as less than a 'gross fraud—a rbbbery of all those to whorti payMelitS in the legal coin of the realm was joSt by dile:101s was OW all; the 131101' /401.144; proper to resolve, what, of Parliament had thonght its I ifx,t, sirnotmted to at declaration, flint the notes of toe Bank are in equal estimation with the chin Di the realm. -it ibis be tine, it followed of neceitity, ftras it toot be indifferent Jo a holder of, both winch of Op.: t , ,itql he paid away ; bat the rent fact and the pratt:Ce`of !milli lialit vas the best,test of the truth. What his Noels! Friend and Relative (Earl gum . hope) had argued on -a tot tutr eveoing, respecting the prices - ot Builhin; was also applicable , to every other article ot commerce; the balance between the suwatnat.of tire demand and the difficulty ot the sup. r. .....- ply', constituterifte Wre'renCe. — Tbia -- iti)Se t !Jai, (3 f7 l . 4 iciri: ".7l TlT;;TiTC l7 : 77l777 a l W-Ifor s ,r _ the natter : * of„; ings v -acui rl a, resvlAgioo of &idler . Were on l blished; tOre .voriltl be no probability of Rouse 0( Par-lt tent , ‘ouh not ajel - ke fact„ A. our being, placed itl a similar situation with' France.. Resolutionei . tre Co nit Vcould ro kitalier the ir‘ - *hen she was deluged with forged :Assigoats. Of f ket i*„i a!,ces at ~ ' mar etjjv the cOatll4. The mita.- ' vailiCh, by, the bye, whether truly or not he could sure now befolethern v.out; b ) [too - I:leans o:erate as: not siy-, our Mmi'stry had the - cridit.' His NOnle it realedy.t it wank,' go to compel a man not to teike ~i?riend flail talked much of tl.e Cahowtous situation . .less %aloe for a note than Its amount lor to give of the country ; and..he went further-he Calked of ........„,...........,....... „- yi .400....- , ... ~ ~... ',....,.,..,r15/Tr ''' '° : ".*:, •i ' -,---d-4-- - - More titan twenty-one mailings Lou a gonce,a , II 11,,, eux ).. But what wras-frirriemedy-i----W-11 Lai would kn quietly to accumulate aind to aggritvileabe, told it tows, aftel-ita•ppreothesis as long a-i his 'arm, ten evil it tit!'kcted to reatiove, and eventoallyto resr.eCting the Noble Lord on the' .. Woulsack-i---that producesioular effects :o those at one time so well it was to re;race 'OUr' steps, to revert back . ..o-4i;ii* limo~ ii to France', and t'. it there, with t:.e k'tiole what ?, that he did not tt:ll us I b't he eiliii t ht. roan:, system of terror to support them, ~ :13ch- f loaticifil ape- some old system—perhaps I hat befotti 17'0. - tie" - (flews' 'tail , d'of their eituct: A oiriog others, the idea.: desired us to retrace back our -,t. vs, hut in what way sure would operate injoriousl y this way; every man . we :ire at a loss td`know, 1,k.: the matt tv hoseliouse would at' rmai Lei have two prices, the rate of the was hurtled, and who, its, a realer y, directed the coin and 'rlle owes were t ei,PcCtlvely fixed by tl.e firem:n to 'Play on the adjoinin.; house. !- , Bevcrt.-. Bill, but could it prevent a moo from svitiovor a ing Flied. to 'the ingurneitts of those Nouje Loris, l‘s‘er sum. in 'gitineas, that w Rich' he Would ask a' who asserted, that if the , payments of the.. Bank greater sum tbr to Balk` woes ? l'hey were tint pre- may, and ought to be 'made in gal, and such they hatred, he believeil, to pass a' law fir p'i'Veniing had expressed in their Protest, lie slid he-.was glad such practices, as such titigh't be on the ptineii le ()I • to perceit- 'herd was one point .upo,) which these, maxintnin, „a . 'praeess v h-ch etitaili'd such , dreadful Noble Loids.agreed, Engli .stanea and Seotstriett.antl calamiti e s ca 3 iiill, - waing countq. . The calann all, ,All for ming itt gold. But where was the tieS tt filch twist resin lorn the measure ito,r, pro- adequate 'quantity lb tat' procuted ? Isvelity iioi posud, 11.. ii 'from cireenistaiices had perhaps Inore7 liotos' were said t , , be Likely s , ao to be hail, but it reason to be aware of than 'most other persons. 7— eo,ild not without our. sending something for itt. They must i'irepari- to bear patiently the evils which Et-en that-sum; however, wooed go hal ahi tie, wq. 'would tie, itably result should the Bill before Wein A'Noble Earl , lately 4ititl i one hots; alone li.;(1 five, pass into a law. - . millions 'in dally eircuktion. 'But if Ids plan . were The LORD CHANCLI:LOik, in explanation, oh- adopted, it Would , i...;uily little whether the pay se: veil, that the regulation was wt,., Wisicli me- r)tifis w e re in gb!it (4, not, this Bill was the fo'e (wired Noble Lirds to adder- s . the If mie t .,, generally, runner of that system ;so thought: the Noble Eirl instead of addrelsitig themsdves to todo.idital Peers, of Nilthumberland, It 4.4,,'as meant 'as a toreiumwr as.it - preclu led the liecessity Of answering rui t wit iit kJ' it, and with the dissenters-at his. right hand, ti.e what proceeded from clear intsrepri sensation. lits tamers on his let , , intd the stuckhoiderrat his back,, .. _ Lorch , hip then argued; that ; rn eir of at Ceti front . ' tlftl Nuble Baron, respedini:: the legal view he - id taken of the AtteSi ion, I:toCeedeLt 'at least from mis. cOnception. tie hardly thought; tiowe‘ er, tt e.ould 'conieinfecl agaMat I! • any' man had a ii•;111 . to go tO hitt tenant, tu'Al to say, tie. omit . pa) one hUndred pounds in such if way' as that. he could 'af- . terwards pay that auto to kis 'tradesmen, and at the rate of 0 ie nundrec; aod t Wen ty pounds ; and sits 'Would be the consequence, 'xvOre it not 'preVcnicti by rht Bill before them': Would any wan' oay, such. a horrible, injthtice.ought to tie endur,d? LAI I STA NatlP B .akt, th tt in ‘ottiv. points,' Horn the Course; and statute of siti:,!tt*hentt . his Noble Relation Mos , iave als oti.in.r.i,vst.)it what h , - had advanced Fiubjea. Ih his VieW . e u ft .on which the. slitretences. ot valor, de pended, .he gruneous.' woUldlort.'a case' iv.hich.seen applied to, the qtiestion : So...pose there' . Were two edition. df tt . hurt' tor ktter the'. same, only printed - in ditfewto s ;. One may bea st arce - edu ioo, the other riot so. some I ills may toake'a clitf;aence.° anti the One o Id' he !he 'more ,Ought Aer;conseytent,y more ditli,7ult.io obtain; . but to hint who wan tad 0ie,..•1y to 'read Are - hook,. tt woud make very little diff..!ence. Il i fact it was nothing but a kind of a sqnabbe, re.pectitsg,the - im ,purl Or the wore's, value; and prices. But he must protest against any pr , p:•sittOrt • NO OILS. tlieVonc, one ‘i would g t Srthe payment of the tio , I,,MAI creditor in a Ocpreciated otedium; and the hind owner in cue wittch Would* tdt more itiluahle. As !bilit;s' stood, the nates'sveic in effect a legal ien, • tier to the ual bowl creditor in the'paynient:ol, iris divi . .• dends. It his Noble - 'Friend" t bought held it otherwise, let burr say so. What came, femn orie who once head SO hit a' situation in the Admint 7 stration of Government`, and who may 'again hold if :high situation therein, newt come %sills great ssfight, It was trio Much for his N o ble Relation to say; that sueli a regulation as that he referred to, would be a I;ro.ft fratulacd a robbery. This was 111 conseopient of his nut having gene to the botio)n - of a, subject, twargned very ingenionslv as far as s he did s 3. - lama again contend, that in effect the legal value of pounds Sad gniireas were the sante, as would. clearly appear in tltit..itistance he 'loti 'more !halt once cited'. Let him, o cilVe ,a separate account - for twcnty pounds and twerity' guineas .. t•vith a banker, and he A 01314 'evi9ce opinion of theii• relative values, by givtag a proportionate credit for each in his books. So with the axiom. Things that are equal are equal to one anal her ! But what: was the :iclimgwledged cornmencenient of a' system which led to wnat W % as called fraud and robbery ?, Did not the restriction otigivally take place while his Nolth, Friend was n Mitlistem ? Did he Kopo , c , any illeiliare to avert those consequences, and was . he not, therefore, yplicated in them I A great deal of -what was advaneed in the way of argon - tent against the 13111, originated from the miierable idea that the vane of guineas in paynfent arose from that of the material, or their weight ; which was one of. : the most 'miserable ideas that ever entlred into the mind Of man ! Of this the laws Againist melting or 'exporting tile coin of the realm were a proof. Even .Boilion could net be exported unless, the exporter, Tirade oath that it never was a part Of the coin of the realm. In the framing of west: laws he never had any band. Hi; had spent nine years of his• litre in one of those places, which had since been ii %9llow. ett tip by Fiance. lie meant the little; bat learned, virtuous and respet;:table republic :.of Ggheva,,, In this State,• thy - principal gold colt:s. its cir. culation were Spanio pienples and , French Louis. d'ors. To the former, the Magistrates seemed par ticularly attaclod. It. once happened that a scarcity. of the metal induced the watch Makers to melt number of them tor the purposes of vvatch-cases. In order to cot:nutted this predict:, the Magistrates caused a little 'merry to be added to the metal, which tendered it so hard that it could not he melt• ed fur the watch eases ; of coarse theft: was in those pieces of coin a minus quantity of gold, but which atfeeted not their circuiatton as cults. But at length a chemist found- means to: extract the emery, which pilt an end to that expedient. The'scarcity of builioo was owing to very different causes to what certain Noble Lords attributed., If- Buonapatte were to quarrel with Russia; it may eventually be the' means of altering the prices to our favour; but while the Continent was shut against us—..while the la'alance of payinents was against this country, we could nut rithonally expea a 141 , 00001 u change in that tespeet.. - Our. debts must of necessity be paid with quid, as we cannot pay Them withmanufaci Ores. Th e y . had no f i g ht, therefore, tO say our national• paper was dttertsiated: nothing , Was more untrue. Wet fite - Syinern +6- had. eurninurticated to the Lord Chancellor acted upon - , it would obviate itf once alt the apprehended evils. No danger then he we carry all betore'llitn. m: ' . .. ' E met Gator - rose to. order. 1-le.rliti Oct conceive the Noble Earl, io re:erring to what he, had. said, i . was exaroly correct. li, lia.l.riserlsircbexprossiens, . but v. it h eertativOrmlificattn.av, as rendered I lte.sense very: different ftrin!what, WaS , rtipr , sewed; and tlroso I lie Nonle. Earl brim By 'explained. . .. ~ . ,.. Id I Sr. ornintgAaid, 1114 ,Noble, liriend kid, pi,.,,,, !eel ly explaineft=hiwaLfing,on a jm.1i1g,i 11 04:44 1 9w,r1, rdhrtn.to•proeeedi be woyild have, 191,mod i s,,,al i i was his ()pink& oV his . Nubleflermend's. septkikkents i .; hin j tme most •cow end that .thet,national,el,qtlitvr4 was co-,. tit eel- to be , considered,even ;preler-Ay -to oily rzilie,r. 'V hey ,-should. te4ol44:t"t t hik, thyir ,tivitaktr4opied that , tat An L wltiels" wes engogeil int, tis ll:tyt>> uty rindl- ‘ tire). could not right ftfliy rereivtith9ir refits,tt:Alf 1114 6 - editor wa, Satigtied wjth reSpe;fl,..to hi, tinereit. -To . prose th.:;•tlirttiet, tr.ll , trfts'e a * . !".vliktrig e)tri.etli-r li,id, ny his 1.16n0r acennittl tted, !is .9rtip.,b . funded piopor , ty as yrchled. hip) tool. wyZifir, (: ,. 4.444pmy' ntlo eit- . ' : fferethe id ea that s u ch an iticonie,,sltould tc dt pre- . citir . erl so ••low poss•bly even, as lea potiods a -year,• whimert he landed fmroPrietor ot perhaps tweicty „thou sand a year re , .eived his rents to ,the toil Y Fof:bid ii !Ilia: , c ! fie. stood as Nu m_lly tbe atheca . tc of 'both;, anti tor %vim! ? bet fro:n.his love of . jiw ice., Ile was the . tiriend Lind aco. °Cate of the oppressed Atl:r -eam, because of Jtisticee—of the ; Dissenters, beaLlit: of juoice,-,7-01 the taritiers, .bec,use of list c. 41 and at Ihe stock holdas on the sante prineioe. ; 47;1104 in rtes the conservation ot all their.inteiests i' and thauvery evening a Noble Evert bad iOld him thai he -t as t hensa+, lour of I he landed interest. . Lord liradAtio. observed, tout in the Committee • so many aiterat:moas li,.d been made in the Bill, and ail of Oil t3Nrescences having been removed, that tit tle remained of its 06041 form.. iii the present shoe of it he was'prepared tea contend . that it, wa s a dangerous Bill, ".because ir 'went to make a complete alteration of the 1.0. es of the land on :he subjcv., A ,Noble: and Learned Lord lea,i stated that ir would be b expedient to,tooke a declaratory law ...all respvct to the fir' , liege of .huptig the curler)! coin of the realm.: It any ilecla !story law was to, 5: introdueed; it should have his. cordial sni.port ; : b.t in the .pro - positioo at the Note atid Le...mined Lird he could not mmvoid Tema, king tt .sort of disponion to give to Abe : Learned Jodges of the :land a sop oil the Inc e, for they had very lately, declared upon . the Bench, that the Very reverse of the toet winch had 'been re-, lied, on, Oz .1 that it waS.a, crone to buy or self gui-, netts, was the law of the land, ~'li'lie,present Bill ire' considered, and mint ; assume to be,, a great altera tion of the laws, because it was not A. dechratory law. The Noble Lord then argued in stipport f:lthe propositions et his Noble ~Frrer, d , Willi rm:sp-ct to the depreciation of the paper Currency, ci,iteramtilt, Allot as depreciation 'evidently, ,meant all, *ti )1 merely of the value of the paper currency; bill of time article which it purchased, so' it niu,st - be takcn, in that case; as not egnivAient ,to the', same ~n O - . mina! token, either .irt ,gold, or silver, Or pro-; visions.--With respect to the asert4rair'';`,l his. Noble ifrienfl, that if, a man toot In* tlieii'lle liat'id twenty guineas iii : gold, and 'in : Vu. other twenty-, 'one pound in notes, the banker; to viimomii he 'ten detect t lar'Af sums to. be'placed, to his' credit, would only giie the credit for twenty - one pl.itiiid4, it was must mine, lint the short answer ..which' he ithould, give to this assertion was, that 'no' mari - woUld go to the bankers with guitilias ; thY,would he calr'LPl itnitlt'di,siely to the JeWs ; for if he took 1110) to the bankers and not to the Jews,' they woufti foie one-' filth of their value: With refer,eace to the'rear va lue of the 13ank / smote, he was inclined to believe with the credulou s fellow recoided in 11lartimius Scribletivis, that though he might be . a Lord Mayor without his stretch, without his uninsion-hoiimme, with uut his robes, and, 111 short, without his other in signia Of belies, yet ,he was a bird Mayor. He, would goearther, and say,. t h a t if he sa w him With mit his 005 e,.. his hands,.anclhis leo, that he was to hejaken as the abstract of a Lord Mayor. Sc), in c fl o lo o : e n i c v .s e e d tt ufe n f l i t sc,several Noble Lords expressed th 6 11103 t anxious 'solicitude for the note system`; and the illingw filch in its real value was nothing, was to be taken abStractedly as every, thing —therefore the Bank note, which like Marimus's Lord Mayor, abstractedly was 'nothiog ;. yet, accord dig to some Noble Louis, was to be ranked as the cut rent coin of the tr3iin. To this doctrine he could nor subscribe. In whatever way the depreciation watt to be examined, the only remedy to be Sought atter, was the mode in' which that • depreci ation could be . removed. In order to do this, the cause of the evil must be discovered, and, that cause in his opiilio9 was prirry.rily and chiefly the non-, pityment of cash for their notes by the Governor and Company of the-Bank of England. It was dernonstrable, that when the circulation of papq vats iacreased, which cnculation Was 'not convertible r 1777.ciilrTiliin 7 d etki ane e a , ~... ft4;!‘lA(P.vtl.n.'it fn' stating I ‘, , , la lt t o ji l l e g Olfiltils;e....Bll6.atiltilidnori:il liv.le.n4llll,ll"be di, rn , ini4/Td, but. this Jle ~was convinced 01, thai "IPogh, perhaps gold (at silver could not he rid la the wh ole. the Sank.notes in c.rcolation;yet if t o liolders ; co,llJ upon dcol40;1 reeeive.holllon fa Iligi claims, tt,e,effeci e,ould.cease . Fie thought tilitt to Votale_ Friend.„ixas .40;w' d....a. give seine ttplsoat.ol of what 'lm meant when -he charge) his N .I.A . Ftiend (I.Atrd King) with having used Aii ;:ibcollil ' bh' .llo, -'• rine; When .arguitig. (lial 1 le.conein coil) oe,i'lly debased,— He could -t.tai see any abotrinaol doetrite ; 1,-04 forth. All th at iiis',Noi;le, Friend- 114 . s t i t:: 'l ,: t! l -' l l in:t.i e u 'r i e ni, f.. t i li t i: 2 1 1 1 1 1d d I ndeed I' l ' l c: is 's iNwoebflo 1 I. °:' il b e 4 nr ‘ l ' ‘ j ` ie ' l ri!?,lit. wr it !, iew , c t t o riic reine,4 to t d'Hl'led ill cilcitit".the e'vil, he did' pot viiib 1 I'k:cc in tneiii, t he, , ottnrdl ate payment Of ca.& bill eArly i-t.,11!, , i; tion,,ho 'sOon its einiveoivany i'll ti, , _ state Ultiti Ogg it 'Coui..l be adopted... It Ipa bo states by -10 i Noble liti,fild that there. W 34 11 9 : C . i : e : ' (iLl'..F.h 'in the caun,ty, to, pa); the dematais.' i tot , t., he B.vok.ild ask, cdsit enough pr.vious to li .B•ilik. r‘tstril,:ticins' in I 797 ? . There c,rliptlY , dir titl' , nut, perhaps ,ernugh, tu • p-iy rill, out o:.stir , - , iicient io pay any d,'lnands for the, papeLl'.: 'i':I1'01, ant It s,iewed that -all ,he v 1 3 .4 t:J I/Irl'' l i , r, viz. that the holding ol papei converitt44i cash . at any rate; - was a weans of retaining P"'.: • c"illi:tlee, which, under Ii e pr. son co cii , ..rt''" was materially shiken. A gteat ilval 11 ,41 b'' ° ,; cll 4 tiOU!' oe ' ileCOStly of Cinititaiing 1110 It'S111'":' in oil er to *carry on the war ; to 110 d ''' f f i 'f , ' , ' lie shl'Ailli must chocrinlly sebieribe. fit , Ol t i ciiiile.:.tot,- honour, ot. faith, and of 11 01 . i. Y , it 4 , 11 ,1 - ii ,-10,4morieti • on , ES 1 ,, n 4 04 the. connirY c'''''r6. Hit' ita existence; but he cuald pot coalpic';;T ,why i he continuance of the war ‘4. , :ii to b e ; ' ci iii,r, pn, for the suspension of the li:ii,l;. paysuc l o'' ~,.si were fi . iily t ; o.' ways. for this proceed.4ll; 16;::-, eitheir in the otie. case the Government th i.it v. iel fr.;' del")3 in slit other the. Public t.reditin'(lol,v,,, rui-i:hint...! the satn-. , degree' of inj.tsex4. ,",-11 1,,i,d (twit took notice of the obiervinions t'''.l.o, ~t i :)l e ti., .s ..: t ):l , 6 l, :r o A . r.i . i t i lei cs . ,e: „ rO i inr r uint i: s . S i pi gi i 6 l a t‘ l t v , l " l " i cC h O tl, , iit lea t u n i t d i tic i go ti,t c il i l eti r l' il i f , , , l i do,:itirierr, - and ' con cluded with gulling iti;l di '.16-PrOcibge, .3el cOnfOrtilify. %•Villt it plall °sgit„iii ilitil,'.3.Ctitne. providing in effect, " f rb' ll 1t1 11 e ,',.4 • eheif el 1 4 1; t i : i7ii i i i iTe , ... l. : d i ri t ja-',"elll4lptt`i;:•;. Arid t'll•Cativvii...4.l'eP:l'ilirt:ict;efig) . I°l; i ct ; : 'L. butt'' f l 11'' I lick shall ieivrnolate as. a 'fund for; ile sa t "' '. - ----.- . • v the ,e . '. 'CiIe,EIr.I.OT E1.1t10..,,'.a? rlvlied, to to'.-- ii! 1 „. s ide° iiPtls WhICII had belt' iii 3 Ad Ott tii4 OW.' : Jo w o; , Flau , s , .., with ruspem t,i (he present Bi ll . co „dro ' ' It 0 , 0, 2 'NPUIe' Lord 4 who w ere the ineasure„.and.to find - Lnilt With the 6 ), 0 , 1 11 (30,, , ...rnment, to recoiled, t hat t he Bill ,tva:noviti a,....t . atjlic.:l‘7.llig'slYlirrisiera, till the act ° I I u . o. 1 1 sulTorOgor the Noble Lords in oi , l'° i ' l , ' l ot tr:; IVAiti , •"ity % ) XI iiiiiitOS ,1)34 ,'always -evinced 'l t 0 11,: indisposition • to entertain the. cinesti°P,sii„,,,Ny 'dispoSed I°. ' iell thereforeit les' ed - on the -arguinerni le ' x oto 'Alover principAlly..'' But viii it not 0 li 1 no c c 11 . dimity that tti cif 0 ppngn I ofthiolli 1 12. 4' 0 ,10 00!, during the long tertrt of fourteen Ye w a le ;' , 'l; was tiece4sary' to' disturb the title':'‘'"/5„ , o , '(' 'ic nio,) that ,it Was nOt expediL4t- tii tc''''',o o '4 s., as t;:c general onc'of ail his iga):.sty'g 44101.11,": W a4 0 0, iv however stirred,andeutoeleent' ot,t0•; of It; if . any Attached, must taitnpeti 'Oct 101 :.A• gEgatAigaLiiiliimkgrrapio on the -Llb.i' . : oo l,l 0/ 1 gal tenditr Q t noti . .. 5, ,ipt it • tilli Bill ° o de , :10011, of. nvaOng *Ling, notes a 11441: 0 sill ,°: . well retuemberea when *he. fieiitri'l itidero P•issed , a .fur %vas .rnstle by '` f.. by I t V • . ' C01'61)4.01'. th.it ii6rpose,.%vbieli maim' \N;ilbeiv, ,„dtietvsards blotigliti fur ',yard by ooolo' • Bird, 'and stippottA by Mr. F. 4, but `454(.101 rejected by i tic Alini.ner: of th , it tigY ,,, , t r oai". not neccss., ry t Iwo. The nece,sq 11°.i'Aent. fad s,..l64,gitentlyr transpired, viLis e' " o l eo then adverted tO the opiniOns state d ° `,. l c one' . ' sid e as . IQ the dcpteciavion of the P. tap' 'Phioli he contended was not depvcci'ltq,,ls; r ote r 11 . 4 yxee,s . must be admitted, that e%c" so i tVa,, i halm:teasing wealth .a. the connlrP, , ~ e teci Ih , Of to be attributed 'to any other ent l6 ' . e 0 , 39 , sirs di of eXCesS upon the exeitliaftgiot.„, of I''' rf3no 'and . Al3O l 'they fell, ttrougdhe°l-eei) r t oilli tAl o , had inc.rease,f train fourteen an rioe . ,t F lo m a "„mt eighteen millions. I - 10 then rea d ~v a s Ito' ' - 'l' ektiacts, tO'Sliew that in rao there ~., trico i 0 d'ereci .tion,4trid stated 'a compatlic0"00001, ; issues in 1.793,..,11,794, 8114.1 79, 5, k" .. i .' , ,nv v as e l' not the least datibs is entertained bY wit i l re q , credit`: of the 'Bank, of ,Englioith . 0 c irco' to ' the issoe-of aisiinats, th at `43-& ~,tition Which could not::be brought' 10 " ) h a dcyibliort lO°, 111 e issue or Rank paper ;. for Ile 1,g5 ; IVY , amount ot 114 is, stte,s, from 1.79.0riii: ;;tel 111.Ccl, 'i4o Ini I i 005.• - 1n (Innen WOO , _.) , /,5, tll _, tit() nollions, and iti.,the'oest yels'trissoe 0.1,p' , rmove I.36o..inil;ions. This iti,`"the fi etPl' iv° I I ' to bo'enntrouled.... Dot .thoign ~ aooiorret., which.shrutil: from tlic tout:o,l'9a:: otpted , , . • 4 t oat ,_ll tin 10 ti.y' , 4 , in: rttt.l . tided, Snodiiii":„. to et 3ll A good seit.e and ft-etini of itteociiorn,',. He _tl.ly,o , . Goveinment ,to wei.liner i ~r ison t o stro?,, e ' that the &lir,: (.0 France -1 1 4 a 'i t ' tul ip; of 5`, 1 . re e htit 111 r e• Atriu s capability of cy.(,01:10i, , ..,, ~,, 114 4 p it f , __., . and exertion fiS s he li'ld .‘iri'Llii, i .; toe cotiottr!, re ' also, “d there.tvai. trot kl 1 ! ) : . vir., , born tot ~ del .- would not Wei proud th 3 t i 7).tid toe h i ' 0 1 !von. 'rills opinion hit v.' .iie.„r0ce,1.113.1.10( not Withstanding the result or il colly.nced 1 _. ~ . . t-le svlls ' or the Pr Bullion uominittri. --- , :e „,.iry . 0 13111 of ilieNuti:e 1 , ',41 'was w doo ote:0) I, . ~t t irtit til l • t o te Its' Out) 'of time srol),te -i,. , d ilicre, . • t 1 16 ' lired il ia . . , , i ' not satisfied, ‘vith the ,ega. :er•ltlnt; 50,1-0 _,,Ptt'o . i t i n i a i i,v g je. l i t a t iei b is e , Esat i.l.llkipeopitil4Lat4.AttuitotsEtnit_na4uf,;s :,I;!c.ot,io!is ofrotei:e ' Lord, on the NVatilittcic , ty . l O ) 6 L by tlia:;Tolled - the triode of redrew; P.01111,•_,,..A. ,iev, _ vi 3 0 ,0 dress those materialty° s it . K f ': the ptl c i . ? to r lici titeint were 'adeptec. t ..,.:o"ii-;0,0- 4,1 he,...,Q1, , 0 0 question--410 t "be ."`"11;tlia 0 poolio.',:aing The elfeet of the 13iii would notwiihsin.utto i i, 4 Bank notes a legs te nter, hild s tated n e:o s ' the Noble sod Ix ~J o o f 0:411 04 0 0 3 0 II evrectawe f , or i, t h P 4 trary. .M IQ ' 004 0 0 l'''t . were i ll V I; fact WO9, that ►in.Seo. r6: . :isie j; i tiey' l to op P 'that country beit4 ael' 1.0.,.ati0n, trio° dear pg.& Oat' 11 ? 4 g. ' CAti VCr; )4 k :.-Y r: t L tlcl I Pi ~, ~ I fVii;,