The Sun. — London, England, 1811-07-03 00:00:00

heads. First, as to:his own individual enntlua n ., And ,seconilly upon the subjett on public grounds and principtes., And to the first, the reasons ,w inch iotl .tart httn at length - to drake the stand he now to d iii iftedell.-rice of his Owd property againfil the etle..is of any further depreciation or that medium" by whit it haq long breff rated. He 11214 to lea. son to heliev.! oir INspe. - 1 toy alteration or delta! ture t t om oat irkitions alys , olo. It .titiemeti -to be the intetition ut Gnvermnein, that no altetation, wi It respert to the il.lttlr; ) !iltould pliw., but that that muttons stoem, ti loch inid retailed tor more than fourteen years, willed be will persevered in. • saw 000llieralternative, but to make the staid he ha I done, or to abide the conitequences of a' sy, , etn which have so intikit to the pleasure and di•cretiort of the !lank.. He bad remedy but %%h it the laws - of his country alforded hint. It had been exultingly held out as,a species tlf tlefi ince, It was demounted 'ti Itethei any person conid be tound who would sen tine' to refuic 13414: notes in payment i He would hill thou who he'd such hot uige, that he, tot one, laid ventuicd to do ; and was priTart - d .to meet any one upon the groundpithe legally or the JOS , flee otitis conduct. He had proce , lied U,A)II the bload altd piaiti principle, that he had a right to re ceive the full value h , r his property, actordin to ooittraii, and toe V dile of the curve ey .41 the lime such contrail watt math, and on this prim:if le he re , unholy outtlits , l his tietermlnation to his tenants. [tiere the Nohle 1.,01d read, as a part of his speech, the letter he had cnculated among his teuants, which apptareu in 7he Sun y, stet - day.] Ti , e %slink, he said, proceeded rot so broad and so plate principle, Its was equally hitt Iligibse and' inconir , o verrible. In order to,estahlish those ptinciples, the is:Oble Lord Wiled into a Variety of Petalled argu ment.. His principal argittlient be drew front the Aarying and increased price Of. builtoti;' Irotti the years los (wand 1802, up to the year his increase was, genera ty speaking, Irvin 31.12 x. to 41. 14s. Tio rise on ibis arkle might be eoltipared with that of., oilier tatters, amid of these again w ith the price oh doe of those articles. He W (Arid take wheat as the chief produeton of the land. Now, during the period he .ralluded to, the pricemf varien very tnuch also i the quarter was seldom be low 5Vh. The price ot this article din ing 'hese clif. (event )ears was vorlatua b . and to a,certain the value -of plink tioies, it siaiold be se zu how malty boshids of wheat, at the cuirentittice, it would require to buy a pound of gold. This would give the relative value of laittle.alid form A cr)terion how it killould be paid. It the wattle of' paper had when cam pared st ith gold, then Lind should be paid for in gold, ot it in, paper, in, the pr , 'portion to the depte. inattOn oh that paper, when compared with .bultion. J. t o a n y reflections that might hitZartleZl Ott hitt 'private conduct, lie 0,; led t hem not it t hey' , pro ceetted from a lair consideration of the principles I,y whii:h , that C 01131.1,1 +AO* regulated, It iiioceed ect on u just interpretation ot the 141, of the land, and on a careful vie ut what was pasiong b, tore him, and what was likely *l4l to hal.i.en. It to him it tmpealed alines( a certainty that think paper mem. ettperietiCe snit greater depre. i,tttun, how should he t justified if he did not resort to the inethaire which Ito it3tl PoW P(ift.l4et.,o Might it obi.' be Sant, you saw that tiara: notes' were Orpikeiated in 1810, anti yet you continued' to •reeetve tfh in at pia' Cot . tour . sent y o u t now thist, tit,t Nave sod', Tad :I gre:ner tienreetattou, you rquire goo, or to be pied in rho tlopreci.tted pat er with ennuteinnity tor that d e pie. Cinttbni tie should not OX1:04t; 114116r11 to 11. it ob. jatiort,. 'fire increte4e of our 'mtger coctita ion 'w the real.ttell-e of its tteprectation, aiid of 'he im mense addis notless hair ritteen watch two &twee o tie s now added In ittc t;ational pentiouta, r.,vet y omn tono feel I oa,, ;w t e , it sUttnt increase. And tow ts now proyos t 1 to be rt . , littedicn l Wity, make t tliat deptvel , ated ,iyer a legal tender, to ' roductt,a t •rcttlf luttery, w !deb, if unfortunately o dopied, wt,tild, lie did mit besi late to say, bring do, t n - tt, oh the Dai,k paper tot Alrexe realms the W.tilly late that betel the as , ogitns ill Vejoce. That waS toying all In otie 1 / 4 4 ord.. The only difference wotpd last bin tei be degree ot depreetilitrin.: AL: fr alipu the adop ion at art l im p a tneasute; the Ni , biv Loy , ' 41)Irclicct ty cat force 'to the,i.pioionsof Mr,.Pilt, and (Alio 4.lwiiiiLiiitind oto h or i t i,it:atoong top most. fmanc , ers. It w.as:. not only the ex.,ioople .Vr:tote by w hi c h we s ho u ld. Watitt'di We thigtic - ako hiols iu the presi linati-• con dit!on of Attli and there ai;al , l we sokitild! see the ini-tflnet crewed. try the fot c ,-„ ; rence of G o .. vernntetits Its such min o.. t s, A note 'kat pi , sse d there some time Usti, lor five ' titilitts, 'now that their Goveitintent - had f otert,r, i l f ur the ,flppoit out tileir piper, pus it only fur one florin, I-le trustcd auctother ,:t vkain t iles, would 'h s ‘ e d ile we ight ; anti that they *mild d r i e r M'insters fl oin tilt l ion.dinti of them. 1,1 not, tw stltiddcaca at ti dooskrt. EMI H Iti jto,r was by no means t lhipu,ed t o fit„, Inch the N btu Loid rltrotqli all his statinn:i•ts and c;ilettl,v inns, the more so np he, could not coi , ectre h ow the n 4 nation ot the ginattion, oitiie'r all' tiler t:tt« ctirthritnot! , 01 ille protein tuottler4, could tui , ,,,tfe f id. tart w;tti .st); Out sotaehievuus-tuttxequ twos, linked such a 111,,t1 -be dis:l.l‘ atturgeons to 4 fit; coittrounity at large, Wtile it iniglit prove . hilly in« Burton' to the Stale. tv.ts nit a it , tie, curioits that shosor now itoittlged its rat+ ti lailteldatiott; ) titer the ad to of OW Batik piper, a nd w h o ~48 0 4,+. Ito impute blame I a o the ce,let•A in atti.to pt; , Intl smite ,relueny evrre4t, tb!vt r t 'atc'e tin trims whilit.,ttoy Aloe io pp Art . , of de rvoieLly tor that rt. 'Yes the titt ca.ist• • ed, their time, awl alluwed 104161 14 4 e node: their ei't n.. Were 114 IV go lobo VatititiS on the argo ot the Noble Lord, )131)4 lie sitrtitrftt twit fio rd t !Witt tri ho al woys or tti.o the pr •4`,Cte.tt of Ilt.o 1:o44 would alfogv. Ow/ ( ~,rd 4 its them. croon t loser cxa noi , a ti o u. i t itt,tt,t rlltpear Ina the .iNonle,Loir.,l loud n o t O m. reetly 'dated the pike of" btikuti at different I itru-4, 11th two he was outwits& d .its: the aletirrtitrii that itittk VIVO' had LUAIIOt thlY t:alleff in proportj4;;ri t o t h e firrater uttoutt'y ait its eirkalfstroir. IttAt as 1,0 do preciveti the oi.icusAint of the ttit.j.-et at the pr i„ era It at he should ; forbear Item etiteliteg more tilt. int tly i;,to tt. 1,,,c4 t.,..A‘p could hot agece with the 'N o bl e Eitri ho in the htllv that' It4LI t a ft e l i tr 4411 hrot. r. , :oble gat (r.OreTutv,i thst.:(l. titoo lt-tt;(i.t h;2.dif,',l(it.,llll:tgeotti to the con • i. to t ality stud it,jutiow. to the State;. %Ciro. Nob.4;-, Earl ti riU tuat OUflii liiV 14t4 41thtilatstta. Bon, no attempt tad been made to prevent or to re medy the deptooiltiHn of ILlnk 9411V4. In the 'first plier s he conk not nyce that the k omieueity ?rhoulti be lett iii tht: clad, telmeBtling w hat might io tt►ate rially them. Toey, sheold litoOW the worst. And in the second place; .What surt.ofargoittent was it in f•tty tliat Sticit deft ti,slollB winW.l'l;w i npri o ns tp the State It by State was 'meant the Admintaita• tion at the time bring; no ,doutit stiO discussions might rot be very 'palatable to them ; 'tor the erd, might" bi traced to their . own mis government. Equally tailor were they hi then :milliadVerSiMlS the coi.dea 'be Friend (Lord King). %Vita , had. his Nichle Friend done Lair act in eititt conto - taity'with the laws of the realm ? ' it, in sq acting, he should at tor the benefit of his own fcmily and his private affairs, was that to be imputed as a taut ? It tiny fault lay any wlcere, surely it wrs to be bound iii those laws w hit+. were so framed, that by coniometi4 to' them, they were said to itt• jive time Government which ithy were intended to support and protect. There the evil was to hr. found, and, notiti the cotidua of h s Notice ,Friomid, - which was influenced by t orte but the tatreattrith ciplcs and motives. But tbe'Noble P.arl aisct eltarg : ed the tale Administration with taking no nl asist e to cornea the eiil of the• &pia i3l 101 l 01' 111 ,, 1i pa per, 'which do og Ora Administrit wit was liable to the same dccl tr.: as at pits 'ut, It should he con sidered tor how sk.ort a time that Adininisttanott waY in power' and even short as' it ass; did they not allumvi to negudoe a peace ? had it suceee.ted, would have eitLe4eo ttte deprretatoo of Bank notes, or ratht r brongat them backlo Or. But were ilk. Noble' Liads op t a , sne to hint prepared to say that 'he inesure now I►lopc,s.(.l would pi eve a r . merty ? Si) far prom ml, tir.o such 0 reMetty “oold rattier induce tLw ey'l, ogara'que, It 1 , 1 the extreme. He wishc'd they 'a ould a. tend ott . this subject to the observations of 'Mr. Barie, when lallOng of the ;misignatti in Fiat,ee, and tre•meeris which strove . theta into deprediri, a. Hovra , 'ium• rably would they there dns comrtaied the policy ut Iles comely at !oat time, anti the reaseas witch upheld the v mlue of-our Bank . eons, with tht 1)-14 i-urshed by France, alitt the rect.ints which stuck the a , signais 41 , 0 disc,eilit and depreciatioa. His. Nimble .letiend would no c4ctlict agree with him respeetiug a tea Sim which b.. hhuille ever cherish, nanaecy, that till Governments were 1113.te for the ..t.)Vetorti, ' and not the governed tor the Governments. At , d-tt was 'C1.160011 eoolleii ru absefie, that the arst book, wbith acknowlrdged that Maxitti, and which ‘s as the work of a cerebra ed Jesuit, was irtatett on a subject's 'aular to the pietotri. It Watt the wtotni,,,t the eproimmilv as large wh ich io be consulted, not the eon, eniene tiro* wit() ruled o , er this be added the authorities of Mr, I..il;ke and Mr. but ke. The tatter:great mita writ ola_serv• ett, *kit% 0 . 1 the ass , gnats, that those who crara, hulttred toot paper, teWt Moo govern t e country uho scdfered them to militia • t hat trade. The tattle otitja utiw bar justly sail of th B.titk.• GOVerittlivOt was no loo6cr compoSed of King, Lords, and enoiction ! , but id the Directoromt .he Batik, wh- oetiiixt emmho , ts Weal h Ifuto It 0 prehettt talatw w i , t the eouttiq. We had pith to look '0 Ili ..totoittli ottio• divotends pant to the Kttilt. Ploy ictot h t r ttio n i on which •in tourea4t4 tho.e Jed I aid then the tem source Qt .11 ,- n e :flint loom)/ oittreßn4 'tie coutifiy ti,11;114 be 'aceou ted tor. 'foe only r ttkoosi an i elfemoal eineLly to ho tv'sottct.l to, imp.' to Pppiieti The et it would not titOp ist4 I - ng its the restnettotfo( tl.e cash pa) tOcntii 01 the .B itik contiotteth •Isilese 4tie` B.ths 'be called ttp.uthe wittiout 41t - Ity. .Every ~outer rent , lay would be hound ult. _ _ 1., , nd Ross 4rnird that tl)e papeir of the Bank ha, rcahy iiUtlered any klopieci,ith,l ., . Ti.,t .0(1 of Iron] two CAM'S ; ovi.er 1.1 cooti .eiicc in flit 1331tk. or ,troiii a gre•iti "t paper rt cino.tic tor the .titis tit toe t ountry. Were any L,t it Lortlithips prepared to 6.iy, I hit the Batik It sd 100 the contitelue id the country ? tkoul , t they ihat th,l6 Wits ati er. i auc ut l tulc paper 4,l v ni e d ; tun the entlttitry, It et 4.tintiy.tequired all the pipet in circa-, ; eommerro, its !tumid act urei, ,‘N ere lteld wive tits . l 4 orint-d by th.it supply. of their detminds; ,ind to COntra , :i nostic,„ would be to. crony .o , tl s.hotiy, the Joust useful enertes tlit p c ,„ „ * „„„.,y, if„ the discouragement •tit our .ti;l- 'moat iodu•liy. The word drineciatioti was throe-. lore only .4 ' ^I.3C he 1)4C111‘01Iiii p e r. N unti . no W altviipted! ,, otritch lo the pave! co onatioil ut the c3int ry ; sse ben, it 1 igrilly couittleird, as it wds by thal greattitsancial St..aeshiao, Mt. Put, I I Nv• Ai ld be sound It) h ave 4 e0 , 1 1 1, e ,uoree lair perity,; the roil &uorce of those etiergele ttion4y whieh me . hate 'Wen vnill)he'l *1 lung in 11:0111eint agavo the e:0h5.431 lower ritjt'iaiit.e. .The,prorgetti Bill onght not Owlet . 'le Jo be trcated too ; the.ptiootple thigot he found good.otte, and per.- hapi it unit; no well to.sniferit nitwit Corn , tlitllec, that it Onght reeeive all-the ititprobeinent of 'winch it wai st,nwieptibie. . : , t lard . LAUDfiIiDAMi %%VIA into a warm tletettce(lf the principle 4 nod otandurt ot. birf Noble Frietiki (Lord K . ng), and argued ‘tr.•ng!y against !be Bill, whiz!' tried tO be i .rup.,4,,d in consequence of 11, 4 1 colidwt. iilry tt trirlitt to ;iron:la:the tenantry of the 4, ountly,by that hill If so,..the intention of (tie tin.aoaie tvould be tins sally dittappontirth A Noble 1,.trl had sulk. cl trtuelr,of the adyantagectle riyud. troll) a Illvral,eirctilicliii,!l 01 Wok (WIC* ; cording to that Noble i. ii, it webthe prOper „mod, ail out pro , perty chiefly arose front it. LH aountion, howel,ocr, no proof had been otfiged p , tor-lie.oLlicyeLl there With ilvitg. In« lilted, it thilt Loidahipii looked for 'proof or argit- Int:woo. tit.- proem oexa,ion front Llititstetii, y ss Quid dis4tover thiti yet eutite irolu.thesti ; but .they. were forward enough to btnue4dherss—,to !Ito late Adtui tittit.}4lloll at 'not attending ,to the Sittl3tlolt ut the !Ludt. Hai he knew, and woul,t tell tlft.lil f that it ea, 4 fint ic iA which 1110 Nnble Fornd (I.oid Gren .; idle) Ilan anxiously 'attended to, and it, tittle bsd bred 311,0 , ivid ssu t ild base On thi,utits oit-111.0, bohjett• but \va t that 0 1 9 i excelled *for his huccei,ior.? What I...nzu they done since return ? ot 1 . .1411Cr, Wtia diet they du when in plate betore, to pieveitt or 'coned the evil now c0mp1i1110... 4 1 oh -I.Tor .would led them that Bank-paper, was then tinder ti de.,,.recia tion-«*a iiubject which hehad fully owed in a traa wWch be *rote nt that time, which was eaticu'e itcdee 1, ar3 vistonory ; ,but which unfortunately was felt to be too true.. 'Du. Noble Lord then read from ieverd trains, aome eat' wr,lteti at the dos , of the last nentltr, nod ..po the v err uccalitm of the subject now under their t Ol'dsliil)4 l co' Slit,-ration. toti, litrre was a' depreciatirm of the Batik parer, and what ‘ilt . ; theretnerly proposed i not, It larger kit,ir, but a wadnal dutiinution Of that paper th a t will nuky' ,also lie found the only ettl-e!tual re-' tnedy. To that remedy we must have recourse; 811(1, if we. “trtailed issue: tult-ontesOte would be t•attent to sutf,l - the seeredt vuoislitnent wow!' it may be in the. power of man to itatid, it these non-s w7)uld not be won again at par. ,Lord n 40,0,0,1 plied itt cousiderahle length to the last Spells r. atnimaintaittecl that 'he tigiki, 1-nikd tor wotoil in I'w-.t be a great wrong. The At Of 1797 , ‘ , ..1r wspect to in xei and public creditors, had wade notes ;limn. I'he 'question al present %ai not whethei PArli.iment did welt or ill in 1797, but wlv was now proper to be done in the prt.keot btu of the country. With regard to silver, ti:e rii had been taken Flo low for coinage.; gold had bt.'en Liken at the toarket price. It :tity person had a to lix what %like he pleased upon I; ink» tortes, it would inevitably lead to the gieotegi aibie depreciation, as this lutist be ineasuicd by the exit nom* of the . ,1. Adam Snii:b had compared, the 13 nk of England to a pond, 'here w;ts a.eonstaot nide!, lite 1 / 4 1 / 4 iiK l from 1 / 4 yhtelt suPpli,d by tributary ril a. It 'talk tint ,4 soere depreaiird, the nut natural butartiticial, and therefore could not thl pet • niatient., , . Lord GatsAfrtt.t.tt declared,, that since his - first trante into political 'lite, he hadnet cr known the Government of toe s country placed in such a dis • graceful sithaltytt as that in which it theft shald. , He consideto the present sulject as .thie which ought pe . euttarly , tcl occupy the ,attention of Mininistra *inn', yet Ititio some unaccountably Cause, only one Nonle Lord , , who twin, d .a part of Kuper to 'say a word upon the question. 14,.liticw Inc ptbj-ct had be n agitatedin another House, Hod that cer ant resolutions wt•re there pAsted, or t he e x s tiog sysi e rn, I f defi,itice. ut sw.li rcso4t. ttuh%, money w ill always hod n .t -it was hot in the power at any Legislator,. to pr.-vent it front doing so. Wit,n his No te Fiend was attaciti'd for his private coodact, con. si .4er, d such au-attack as excrvnie-y untatr, as that cohduct had nothing st7do with his legishtivo cap eft Should this practice .be con t ihued, it. b e s ub erg %0 4,1 t .114 laws of Ehgland. Tilv Will nab a t his.maj,.,sl)'s.lNimistt,o3.6o this subject Might Weil _ tt , or owned for, by ilw consi !oration th.ti his N 9. ble Friend had aped in direct appo.iiion to their vpshes bbt it ought to be yegollected that bis Frien'd had nut sat a prectdent, but had marl) followed the pria(ce which had obtained in Ireland otany.yearo. it *O4 now his duty to Bute what he had lung apprehended, that a period was pregnant with edits, which, 1w believed, few duly c441.41.....ted. The woo paintot day at his life was II" oh wihcbi a* It Member of Mr. fiat's . _ suasion,. he was conwriled to give his sinctiou to the alere teniporasy suspension of call) payment:tat' 'the Bank. When lie vonctirred in that measure, there Was tut' the least exiJeciation of its becoin.lig • lierrnanent; otherwise he never would hive tp.p ported it. It must be in the recoiled* of tpttoy of their Lordships that he soon after voted fur, the resornption of payment. in specie by the &wk. The • system w Lich lie pursued when he - becattie part Adinini,timion must .also be in their recollection, lie entered on (Alice in FAroary, and until November his ~great wish w. s, obtain. a s,ile and honsiurobie, peace. litiLl'ltg that unatta;it,bie, his next obje:l was, to rod,.a . VOW' to prevent ll.)V-i . flout henig.indde a .slib stittne for the cuireni tom of the realm.. fie had al tvays declared 'so ; 'heeauste •he considered the con tinuation of the restriction on tin! Bi l k as'pregnant . with the most tatal evils to Or country, and he theititure wished to wet eat the Ploprietors ut stock front cleriViog the entuunou, pl 4 .tit4 which they 1i:44 done, conserii4ence Of . the tintoritinate situation. of the country. He lamented to say, that while the. public ;Ind one per cent. to suppoyi the ekponces ut the exisiiug waifire, they paid Iwo per cent. to support the exi.iting curteney. Our present annual expeoditure amounted to unnii;lion, sterling, Such an enorinOtt, expence could not tong be continued ; a, the conniry ba i l no h icAus of sitp-. plying fit. Ir was 1)0W demonstrable that gold was inure ;Valtiibie than paper; :tor •04,10,111er was of . perittinttmt value, wink the Dotter proleilted to :fur •• 1114 h (hitt which itt reality it did not furnish. A pi o ntiAe once broken would not soon be again relieCt WI; : mod people would. intiuralty.-regard with jealonsy a system by which ,they. were continually deceived.— Nothing could be nior dcstitictive than . to mske Batik not a legal tender. "As long a s there wail Jaw ita - .Venice, ' petinitidryi engagements ought to .be paid in .money, and to decree .that they shohltt not. be An, would be' " to shake -the foundations of the Settati." — To adopt a ,system of Colitpukoly P 3 Per currency, .wonld be 10 subv“ert` the ordcr. of society, , to introduce inconveniences of the Int Lit perplesing and rat.' nature, and to lea've to dicidtt;il security tor his 'possys,iutts. But il this 'Ctiroptlsion- were to be permitted- to eXist in any band's, the, worst hands' that could he.selccted for that Purpose wonld I„;l3lbpse of the Batl. I. 03. guarded himself auainSt . the aetusation of ilirowing out any intputatioos on the Diretiors ut. the Binh, but he as distinctly declared that they, were tiot e ,compettitit in any point of to the due exe cution of such. a trust 14i that WlllOl lie had been contemplating. They were bound to takti cilte of the interests ut their constituents, and noiltiog else $ mid they were peculiarly unfit for the supetiltleo dance of that which tequired - the mom elikirged views of human policy. What .was the 11.. ink linty about .0 I do ; To 'issue a tlebtiStai Litt:o,l,4oW) of t isi sit o r t i coin ; to issue. tokens, at three shilliogg which were 1 . 1 e * o il l:t 11 .-. Y nt wu w r i t t il it, b a ut ) t ;il o lui s e tl d ill 'i i ) 1 ;:p gs tir a , na tli t e ut 1.111 7 1; l o c e e:. coinpailied it with a debased Metallic currency. To the principle of such an issue he obj,4.ttd ; but it 6) be done at all, . ny was it mot done by. Gpvertimeriti Why was oot tkeilteblie Li ) hate the benerit of the profit 1 :Why was the It ink of to enjoy exelniive4y 'ti:e advantage ut •1.41+. ttripistiliabie proceeding 1 Whateyer t► fight o the folio,. c thismi 4,1*. LA, the country, he felt 'Oat was impossible bu Could cradure his sit= 01 thesis .i. heads. First, as, to:his own individual enntlttel, non, 'wallet-opt linzl hoen made to prevent or to re. which he' Wrote nt that lime, which was Orlice'e 1, A„d ‘,„..e„t„ny epnrt the subject on public grounds medy the depteciation of Wink 'soles. In the first --indeed, as vissonory ;,.but which unfortunately w,ts and priticiptes., And to the host, the reasons-winch pliers he could. not tiv.ree that the kominunity slioniti kit to be 10,, true. _'llw Nuhie Lor.i then teats from •Itid .eed btu) at length- to tti'ake the squid he now be lets lie I ht-: dm I, ta2lie,ttitig ‘k !La 10011 b 4) Male' severit trails, 3till)'4 tat them written at the tilt)!- of to ,ki,: ill ihedela.-nee of his Own property against the rially'atrett theist. Toey ki14411,1 lit'i)W the Va"l. the lust century „ and ..00 tile vert,eccasion of the: 'fleas sit any further thveciwun, ut that thedtutif And in the second place; what tort.ofargoittent was subject now wider then- 1 ordship4lce! site-ration. by whidi it itact long breo rAted. He ban to t'ea' it to f•ay that sus.ls dissmsions wottlifiN inprietts to . Then, tone there was a depreciation of the Batik son to believ,' sir Il►,otpek~l toy alteration oidepaitere ' the State i It loy yk as meant tbe A.timnistta. paper, and what tilt; t!te reined)• propo,ed i not a 11(00 that icklikosts . tsyssetn. It imitated 'tit be the lion at the l!rild bcing; no doutat tiut;:it discesstons larger ksoe, but a g'adiial diminution Of that paper; ,te,„n,u sit c„,,,,,.„„,eu5. that 'no ;therm son, wi,li might not be very Lpatitable to them ; fur the evil, that will . now': ~also he found the only etlectu,sl re, keel ti,the Ilaikk, should tae: p 143:..! but that that p. 5 tiai,K, might bye traced to their own Mit- needy. To that remedy we insist have recourse; 14 system, vi'lticli ta,id pre' ailed for Inc" that' 11°"311"'°nt• Equally unfair were they in then and, if we curtailed th,. issue .14 13 tult-notes, Lite years, wilti i.l be will pe„rvered in. , He antoradversions 'on the co duct of los N •Iye would be content to sutfkl- the st-Yerest Vuttisliment '‘eralsernativo, but to make theitaod he lan I 'Friend (laird King). %Vita,. hail. Ms Ntitile Woteh it may be in the power of man to inflict, it abide the conitequences of It' sys.ein Friend done to a(1 in 'bats( conto-otity'with the ti ..iese not•7l w•xild not be soon ,tgain at par.i , inutit to !lie pleasure and di•crctiott of , laws of the realm ? ' And -it; in so acting, lie Lord 1140Esoat.r. r, Oct! in cos,siderahle length to 'tad n.. remedy' but whit the !,!woof• should ael tor the benefit of his own fouily and his the last Spencer. anslapaitstaitied that the tight COD!. ,A him. It had been exuttingly private atlairs, was that to be imputed as a laud? 11 tTiiikki tor wothd in rata.. be a great wrong. The Ao . of dekttieta, It was demanded • any fault lay any Wtere, surely it wisto be found of 1797, wr II sespect to taxes and public creditors, loci be tound who would ten- an. those li,A.s Ittentsekt s, w hit+, were so trained, hail made notes money. The quest ton as present i. in payment i He would , that by conforming to' them, they were said It) at• as not whethea Roliament did well or ill in 1797, ilutge, that be, hit obit, jute the Government which ill:), were itrtelided to but whis, was now proper to be dove in the Iffcti.ciit Nas'pr,,,part-d .to fleet support and protect. ' There the evil was to by btu of the country. With regard to silver, II:e • legally or the itls, found, and, tiot:itt the cot aduof h s Nothe,Frielid, rat, had . h.eh taken too low fur coinage.; gold had race, deal u,on the which was influenced by i one but the tanesttrith beet( taken at the okarket price. `lt any person had `‘ad a right to re- ciplcs and tuotivcs. B the us „ I\l ohle P„arl aiso charge-a ii,,ltt to lix what %like he pleaCied upon B ink ', acLordiug to ed the late Administration with taking no to <issue notes, It w-adi inevitably lead to the gteategi los,- \i at the tune to carrell the toil of tlh. &pro. mai mit of 111,k p - .sible depreciation, as this niust be Ineastocd by the it le he re, VI, 'which du, tig ILIA Adilliiiilltilltiii was lidoli- to exit nem.. of the . MC1441111. Adana Sinilt had lettatits, the Sallie (led n as at pits 'tit, 'lt should. be con- ham.ily compared, the 13 uk of England to a Pond, ' speech, mitered tor how il.,ort a time that Adilliiiiiiiiililoll kt IletiCe there w—s o.e4POStatit ()islet, ihe %%ass e from aid was in power ; and even short as. it ...rot; did Ow; which Was suPpli, d by tributary rilni. It I3:irik and theref ore could not b e per.. 1"1,e not anoint'! to negotiate a peace ? Whit:ll.lllh Olit, :1111':ItrsalT::tearlitietiPeriea6l,iiiivd, ihtl d""I 'ri."'"" ."1" "tit 1, had it suceeeted, would have stately etiLc4co tate deprectaten of Bank notes, or ratiti r brottgat them matient. ' . ... ' .. ' l)kfcItlo p'ar. But Were tit, Noble. Gads upp-stie to , . Lord GaiNVtl.t.tt declared, that since Itis-first en.. .ii prepared so say. that lie u far now plopos. (1 tr(iiite kilo political .jile,.. lie n e naet et known the id Pleve a r.metly ? Si) far prom it, tirm such a Government of Inc country placed in such a (Is “001t1 rattier produce she eV 'I, Ind egarilvaie, graceful sits.ialon as that in which it theft tilwod., He ''xirellie. lie wish' (I they '""t" """ti Ott eonsideted the present sut,ject as one which ought 'to the observations of Ms. Bar 'to when peculiarly to occupy tie .lotendon of Ailininistra , ... , " 's ;,sslgnatti in r siti,ce, :Hid of t ' hme e i . ' • ~m non*, yes hoist NOttle tinaccnuntably Cause, 'only one 'tern Intl, dereclali, U. HUVra,lUi• Nook!, Lord.. who form, d.B part ot it hart thought • there tint contronts.l the policy ut proper to 'say it wotti 1.1114,11 the quest lon. 14.! knew I nine, anti the reasOfis w tkici, the ,p,rbj- et nod be it agitated'iii another House, aro tar 11.1:ik' notes, with the. p-lici , that cer inn resolutions were there pissed, tip,.t.,:ving ' the reit.tros winch sunk the cr the ex sroig r‘ysietn, Lk diffiCe. ,141 Of SW. II rcso!li. 'I depircialio.t• ilk' N"bl(i trolls, lteAv...r, money vain always find its or o .e -liec with II" re'4l)"'Aitrit gel, .nd it was not in the power of any i.egisiiiturc "wer cherl-11, nat oY. to pr.-vent it front doing so. Wit,o his No to to for the .iuseritett, Fiend was atiacki d for hit private cliidiiCt, he con. -ertinients. . At.dai Si 'et., d such art attack as exirctne y unfair, as that 31 the first book, ~,,,duil had nothttig !cr do v.fitli his legisl dive cepa -3iktl which ,A as eft... Should this practice .be continued, it. iv ih.ld '+ limo on a .be sob, etx to 'of the laws of England. The will tlish he good, "1 tit Its Mai,,sl,)'s'l\l.hisaters.oit this subject Might well alsolted, b'• ac. owned fur, by ilw consi eration that his Ny• awn), ble Friend had acted in dirett opposition to thvir -.eke w'shes; btrt it ought to be Tecollected that his 'Ka '3'• ble Friend had nut set a precedent, but had rnerc.l) folloWed the prAti(ce which had obtained in Ireland id* otanylears. lt Was now his ditty to state what ',, had lung apprehended, that a period was artivnig 'Mutt with edits, which, ins believed, few duly lered. The most painful day of his life was willichy as a Member of Mr. Pitt's Adtuitii he Watt crimpelled to give his snit:huh to 'mporaty suspension of cash paymetittat When he concurred in that tnetastire, lie least exi,eatarion of its becoin.tit • srw ise he 'lever would , have sip 'be in the reCollettion of ninny - ,it lie sewn after toted fer,.the in specie by the &wk.. The. .d when he "becallie part must .also be in their • °dice in FAroary, -eat wits vvi s, to, peace. Itindttig was,. to end,. a -I„.tnade,a s.:b -1... fie had Ithe con ‘regnant 'nil he At, t. toy rid 8,. -dared thOugh t. lie, he ha. si.rvico. '‘A, he stud Contri, uffective, that , itilten front a ashy Vinn;iderariun ut the L Notate Lurqs. talk or i,. the' thvtdotids • 111. cite'' 4..' _,., pla I was c05t,t11.0)1,e0100,,,1. ~...vll,l I I, /3 ,ring bad: •distittoVe"l`.l:tt.. tite Bullion' Clanton t‘...,,kvoi i tl ~. otileitei:urt.ltig,eitt requited. Ills ,t.'i'ile,ol:.l,‘A‘i lir V' A dirt thOr V"iit,bir I- but t,11.1 - the puhlit't;re ~4.0,;„(t0'N1 ..,, lijlt.l it. . ~\vi,lo,, be •;•' (Aid '!.,, 'was 11Oti,4:?14. viiiiweit ' - ~..it- , he thought that I. ',l, ot., f.lt t ip ,11,4 '4.1)4 'posed the: 001 "zit:: d,reelk iatioLl...l ,14 typal, in a glivii"e, ~,00,1 !.addiis to gift which tsitd.i.),,. arg - ....4 u l, LtY. t""' Cur WhiChfl,,:. '1,:.1 )1 Friends. - livi i• ' - •For tlx "''' .ati,jllll ii The 14,000. h,1;:d:/, I,,tia. 0.:11:1 ~ 36 .. .., - , • .0 -- . .. - -. : •-• .. 3 .1 141,j,:rit The"B n Y ...,' sod .1 e/.11 'hen reAreoeil 000 CCniittlitsti,:t;t t ' 4).,, jou 1:‘,.'(1 tin 1: .I.liSaSy. ill, i ;ii iL 11.1) ;1 o,.llliiilllolots. s ..................... . . .„. ' . 1101138 'Of C 0.31000, Ott TUSDAY, JULY dr:100 Inntioli u , 51, STF,FtigS, g" ri,VPIO-10 "Si tI 6, (I*-"dd 10 1) l' + t to Ito lo))001,. .... le !"irtoce ilegeot, itoyolg til:it be, ,i/V gur4"4"1,4 pitt.ed to. goo: du., c41,,i1s te to ) , 0 14,:,.()1 I.,iii iviak.sty'li bilintis 'old illoistiuo ',L), t.. 0 4 1 Ail, S,, 10 Lialiloinit I.itil Oil iSi-61 jt)er taliftii{ L" i 44 .101W1411114 AC;00015, e4e. t o t t. i t oot ( (I t? Lioy tie, *Lod Do toe t Die of _III° 101 l this HeN Se.isi,J cat lioltAtocO,vil. "itor 1 "1 I`JI;i1 R i co ut Sipier) to I1'"" 1;4,,, i MU" alli,l'e-tli) CO the latesl 1.0lible'll; oci aeetivat rat the ttitli titOttber ut Wiiiteo , ,