The Sun. — London, England, 1832-09-28 00:00:00

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J....b,5.._ *„ 1 __ri r .16 ,‘, ✓ 20' ..1 0 • .7": - JF: .ntageS to the merchants in the e FA which the pri, ate b inks do not ; for e?‘1:1'. issue their notes wilhoutcharging cum r Akt5,4:14 5:13 4 1 profits of the privwe country bankeis,ili-Atitiaj-LL. places are mainly derived from commissiopubtipjj! still there is such an advantage to a merchant in a country town in keeping his account with the pri vate banker, who knows h;s property and his trans actions, and to whom he can apply for the loans at the time when he may not have his means in hand to offer as security, with the certainty of obtaining the assistance, that I do not think there is airy chance of the branch branks interfering materially with them under their present mode of business. Does not the existence of the branch bank relieve the country banker for communicating with you for the purpose of getting down either specie or any other assistance he may require in his business ? In a great degree it does; a great part of the specie required by the country banks is transmitted through the branch banks, in the districts where they are established. NEW SPORTING WORK. Jut ready, in 2 vnls. Svo. ,ith nom, ouq Plateq, WILD SPORTS OF THE WEST. By the Author of Stories of Waterloo." Richard Bentley, New Burlington-street. (Late Colburn and Bentley.) FOR EDINBURGH. THE Splendid New STEAv4-SHIPS, the I ROYAL ADELAIDE. Captain HILL, and ROYAL WILLIAM, Captain CH A.PLIN, each 200 horse power, will start from St. Katharine Dock Stearn-wharf, near the Tower, as follow : ROYAL ADELAIDE, on Saturday Evening, Sept. 29, at Ten. ROYAL WILLIAM, en Saturday Evening, Oct. 6, at Ten. ROYAL A DELA IDE, on Wednesday Evening, Oct. 10, atTen ROYAL WILLIAM, on Wednesday Evening, Oct. 17, at Ten. These Vessels will be found of -he very first class in point of speed and accommodations, and are the only ones that afford to passengers the advantage of embarking at the commodious Steam-wharf, London, and landing i❑ the Harbour at Leith. Horses and carriages can thus be shipped and landed with the greatest ease and safety. Fares, including provisions, Chief Cabin, 41. 4s. ; Second Cabin, 2/. 10s. The accommodations in the Second Ca bins are very superior, wi.h separate apartments for females. Information obtained, berths secured, and goods re ceived for shipment, at Leith and Glasgow Wharf. Also, by T. Robertson, 164, Strand ; H. Underwood, 56, Hiymarket ; M. Sanderson, Boar and Castle Inn, Ox ford -street ; Mr. Slarke, Old White Horse Cellar, Pic cadilly; and Mr. Gilbert, Blossoms Inn, Lawrence lane, Cheapside, where light goods are received, and for. warded to the Wharf till Five o'clock on the days o: starting. JOSEPH ADAMS, Agent. Leith and Glasgow Wharf A Spacious Sail Loft to Let. 00. 12,496.) LONDON, FRIDAY EVENING, SEPTEMBER 28, 1832. ( PRICE 7D.) SIR WALTER SCOTT, BART. Now ready, APORTRAIT of the A - UTHOR of" WA VERLEY," ecc. engraved in the best line man ner, by James Horsburgh, after the splendid Picture painted by John Watson Gordon, Esq., 1830; being the LAST PORTRAIT the Author sat for. A limited number of Proof Impressions only for sale, on India paper, price is. 6d. and the size will suit any Edition of the Author's "Prose or Poetical Works." same power might revoke it, if proved to be for the public good. Did the public receive any valual le consideration for granting that privilege ?—I suppose that was a matter of bargain at the time. You have said that the superior power of the Bank, in consequence of paying the dividends, and other circumstances, would operate as a salutary check, if there were other banks; but does not that suppose that the Bank directors would always do that which is exactly right ?—We must argue some times upon the supposition that people in public stations will do their duty in the situations in which they are placed. Da you think that an agreement amongst the pri vate bankers of the metropolis, in the case of a new joint stock bank being established, to accept in pay ment between themselves the notes of that new joint stock bank, would give to the notes of that joint stock bank a part of the circulation of the metropolis ? --Decidedly it would, if the private bankers gene rally agreed to do so. Notwithstanding the preference which the Bank of England would possess of paying the dividends, and having its notes receivable in revenue ?—De cidedly; the business of the private bankers, by its extent, would enable them to circulate these notes largely. In the system of joint stock banks in Scotland, they are supposed to be prevented from forcing their notes in excess by the system of exchanging one with another; do you think that that is effectual for the purpose ?-4 do not know much of that sr. tern, but, from what I have occasionally seen I should say that it h as no t a lt oge th er ac t e d as a suf ficient check. As each bank would naturally endeavour to issue as many notes of its own as it could, and as each bank would send in the notes of its neighbour, might nor a system of that kind give greater steadiness to the circulation than when it should be left under the guidance of one single party, whose judgment may be at times supposed to be inaccurate ?—That is a question upon which I am scarcely prepared to give an answer; but, for London, I should incline de cidedly to prefer the Government of the single party. When you said that you think there occasionally has been an over-anxiety upon the part of the Bank of England to increase their issues, to what do you ascribe that anxiety—do you ascribe it to a desire of profit upon the part of the Bank, or to a desire to relieve the embarrassment of the commercial world ? —The time to which I alluded was not one of great pressure in the commercial world; the years 1824 and the early part of 1825 were both of them periods in which the general commercial body was particularly well off. Should you say that previous to that, in 1820, the Batik had issued notes upon the kind of se curities you had mentioned on Government and other securities, beside the discount of bills do not remember. You have stated, that you thought sometimes the country bank circulation did not diminish or increase COMMITTEE ON THE BANK OF ENG- LAND CHARTER. I and country notes, will not the country notes also become dearer and be of exactly the same value at all timas as the Bank of England note ?—Yes, I think they would, if not otherwise depreciated. Does it not necessarily follow, that if the value of the Bank of England note increases, the value of the country bank-note must increase with it ?—lt will not invariably follow. You have mentioned that the establishment of joint stock banks in London would tend to the in jury of the public, by diminishing the accommoda tion that the private bankers now give; would not that effect be produced in a considerable degree if the Bank of England itself were to increase its faci lities for transacting private business?—Certainly. In proportion as they increased those facilities, would they not diminish the means of the private hankers ?—Certainly, as they have already done to some extent. Examination of GEO. CARR GLYNN, Esq. continued You mentioned that if there were a number of chartered banks in addition to or in substitution for the Bank of England, you would be obliged to keep the notes of each of those banks ?—I stated that as a great probable inconvenience. You are aware that the Bank of England has, in virtue of the Act of 1816, the privilege of having its notes received in revenue ?—Yes, I am. Supposing that the other chartered banks con templated had the same privilege, in consequence of a similar act, of lending capital to Government; do you conceive that ill effect you apprehend from having a variety of notes circulating in Lond on , with every sort of which you must provide your selves, would be in any degree obviateid ?—Deci dedly not ; it would not give us any security against the caprice of persons who might claim payment in such notes, because we had a right of paying them away to Government. DJ not you apprehend that such a note would be taken by any person ?—lt might be taken, but it would be entirely optional. Supposing an arrangement were made, that although there were other chartered banks in the me tropolis, the notes only of one of those banks should be received in payment of the revenue, would that re medy the inconvenience P—lt would give those notes a preference in some cases, but still it would be in the power of any proprietor of any one of the other banks to require from us payment of any bill or cheque in the notes of that particular bank which he might wish to favour. Did you ever hear of any country banks being called upon to pay their liabilities in any thing but gold, or Bank of England, or their own paper ?—I am not aware of the fact. For what reason do you suppose that the London bankers would be called upon to pay in any other piper than Bank of England, or gold P—l was urging the practical inconvenience which would arise from the establishment of several large banking companies in London, with a very numerous body of influential proprietors. It naturally would be the object of those proprietors to make the circulation of the notes of their own particular banks as general as possible ; that inducement would make them desi rous, when they came with any demand upon a pri vate banker, to force that body by these means into the necessity of using or locking up their notes. Then your opinion is not founded upon any thing that you ever heard took place, but only what you contemplate might be the case under those circum stances ?—Probably there never has been an in stance, in any country town, which could at all come into comparison with what would occur in London under such circumstances ; the business of London is so different from what occurs elsewhere, even in Edinburgh, that I think it would be almost impossible to reason upon a comparison of the two cases. London : Published by Moon, Boys, and Graves, Pal mall ; Charles Tilt, Fleet street ; and sold by all respec able Printsellers in town or country. Then what they are apprehensive of is, that they may take away some of their good customers ? Exactly. TO RE CONTINUED. THE MONTHLY MAGAZINE for OCTOBER contains—Counsel for tbs Clergy—Spe cimens of the Pathetic in Croydon Churchyard—The Wreckers of St. Agnes—lntroductory Stanzas of a Poem to Mrs. Hemans—The French and the King of the French —Actual Value of English Nobility—Confessions of a Music-hater—Lives of the Polish Heroes—The Currency Duul—" To be continued"—Europe and her Despots, No. ll.—The Chateau, a Paper of my Uncle's—Murat on America—Solitude— iar To Richmond—The Spanish Succe sion—A Visit to the Illinois—A Lost Art, or the Potter of Pompeia—Military Topography of Oporto—The Speculations of a Hungry Man, &c. &c. Price 2s. 6d. THE LIVERY OF LONDON. .NCORRODIBLE ARTIFICIAL TEETH FIXED WITHOUT WIRES OR OTHER LIGATURES, AND FILLING DECAYED TEETH WITH MI NERAL SUCCEDANEUM. ONSIEUR MALLAN and SONS, Sur -2- 'eon Dentists, No. 9, HALF MOON-STREET, PICCADILLY, and 32, GREAT RUSSELL-STREET, BLOOMSBURY, grateful for the high and EXTENSIVE PATRONAGE which has so eminently distinguished their pr .ifessional exertions since their arrival in the British Me tropolis, beg leave to announce to their Friends and the Public in general, that they still CONTINUE to RE- S f ORE DECAYED TEETH,with their CELEBRATED MINERAL SUCCEDANEUM, so universally recom mended by the Faculty of London and Paris. The Ope ration is PERFORMED IN A FEW SECONDS, with out the SLIGHTEST PAIN, HEAT, or Pressure, and allays the most EXCRUCIATING PAIN, and lasting for many years; they also FASTEN LOOSE TEETH, WHETHER ARISING from AGE, NEGLECT, or DISEASE in the GUMS. INCORRODIBLE MI NERAL and NATURAL TEETH, from one to a COM PLETE Set, which are INCAPABLE of DISCO LOURATION or CORROSION, and fixed without the incumbrance of Wires or any other LIGAI URES, and answer every PURPOSE of ARTICULATION and MAST ICATION.—Charges as in Paris. All Operations performed on the Teeth. N.B. One of the above firm may be consulted for a short period at No. 1, Pulteney-buildings, Weymouth. Is there any thing in the present charter of the Bank of England to prevent their carrying those fa cilities to a much greater extent ?—Not that I am aware of. Or to prevent the Bank of England establishing branches or shops in every street in London ?—I am not aware of any thing to prevent it. If they were to do that, might they not accom plish all the evil in that respect which you think the joint stock banks would accomplish ?—No; for the Bank would not possess one point which the joint stock banks would, for the Bank of England would only have its present number of partners, but we anticipate a great addition and increase in the number of partners in the joint stock banks, and consequent diminution, through then, of the depo sits of the private bankers. Do you not think that the large deposits now in the hands of the Bank of England would be more nseful to the commercial world if they were in the hands of the private bankers ?—Decidedly they would. W. Lerrer, Monthl . } , Magazine Office, 4, Wellington. street, Strand. TO IMPROVE THE COMPLEXION. MRS. VINCENT'S GOWLAND'S LO TION is the most delighful, pleasant, and effec tual remedy for the removal of all Eruptions from the Face and Skin, and improving the most delicate eom plexion. It is adopted, continued, and recommended to be used by most ladies of fashion ; it acts by gently and kindly opening the pores of the skin, extracting and dul cifying the morbid virus lurking in it. The most delicate lady or child may at all times use it with the greatest safety. It stands as a discovery without its equal ; it is powerfully efficacious in rend,ring the skin delightfully cool and re freshing; nothing was ever invented equal to its effects and excellence. Mrs. Vincent is continually receiving tributes of applause from the most exalted ranks in Europe. Sold by Sanger, 150, Oxford-street ; Newberys, 45, and Edwards, 67, St. Paul's ; Butler, 4, Cheapside ; Barclays, 95, Farringdon-street ; Sutton, Bow Church ; Savory and Moore, 136, New Bond-street, and 220, Regent-street ; and all the most respectable Perfumers and Dealers in Genuine Medicines in Europe, in Quarts, price Bs. 6d. ; Pints, ss. 6d. ; Half-pints, 2s. 9d. '* To prevent the numerous Counterfeits, see M. E. Vincent, upon all that is genuine. And therefore if that system were extended, would be a very serious evil to the public ?—A very serious evil to the commerce of London. Are you aware of the fact, that the consideration mentioned in the last question has mainly induced the Bank of England not to afford those facilities? —I have heard that stated. Does not the Bank of England now afford al most every facility that the private bankers do ? As far as opening accounts; but they do not, I be lieve, ever make advances with the same facility which the private bankers do. Does not the private banker frequently allow in terest on deposits ?—Never in London. And the Bank of England does not ?—The Bank of England does not. And therefore the public can have no reason for placing deposits with the Bank of England, except the feeling of additional security ?-14To. Are you aware of the system of exchange pur sued by the country bankers relative to their owa notes ?—I believe, in general, they exchange in London. Do you know at what date they generally ex change in London ?—lt varies, sometimes twenty one days, sometimes ten days or one week, but ge nerally at sight. Have you not many instances of country bankers that exchange their notes by draughts on the Bank of England at sight ?—I have. Have you not many instances both of paying ba lances and of receiving balances, on account of their correspondents, in cash at sight ?—Yes, in cash at sight. BRITISH COLLEGE OF HEALTH, KING'S CROSS, NEW-ROAD, LONDON. MoRISON'S UNIVERSAL VEGETABLE MEDICINE. TO MR. S. T. PROBETT, DERBY BRANCH, BRITISH COLLEGE OF HEALTH. l‘ly case is as follows—the effects of a bad cold got by standing in cold spring water, which brought on the cramp and bowel complaint. For the last four years and a half I have not been able to work for my family. I was under the first of the faculty at Pontefract, Dr. A. ; he told me it was an inflammation in my bowel, ; he bled me and gave me opening medicine, which made the cramp worse. I then went into the dispensary of that place. I the❑ got to Dr. 8., of Brigg, and Dr. R. ; they told rne I bad got the cholera morhuß. Dr. A., of Brigg, told me it was the over-growing of my gall ; he salivated me. I only got temporary relief. Then I got to Dr. R. of Doncaster; he told me it was a complaint in my kid ney. Then I got to Dr. 8., of Leeds ;he told me that my liver was over-weighted with blood. I then went under Dr. F., of Leeds; he told me it was the liver complaint. I then got into the infirmary, and only got temporary relief. I then got to Hull, under Dr. T. got but temporary relief; he advised me to go into Hull infirmary ; I came out worse than when I went in. From there I went to Cowthrope, under Dr. J., of Louth; there I only get temporary relief. Then I got into Louth dispensary, and Dr. 0. told me I was an impostor. The doctors always treated me with opening medicines, which always brought on the cramp. I was then so bad that if I drank one pint of ale it brought on the bowel complaint. I went on this way despairing of ever getting any real benefit from any one, till I came to Louth, and met with Mr. Probett, your general agent for Derby. He kindly gave me his advice. I began with four pills, and increased ontil I got to thirty pills night and morning. I continued th em for three months, and I am happy to say, through the Divine blessing, I am perfectly cured, and am aide to fol low my employment again. You are at liberty to make an y use of this you may think proper, and I am ready to answe r to any questions that any one may put to me. I am, Sir, your humble servant, JOHN SNOWDEN. Cawthorpe, near Louth, Lincolnshire. August 15th, 1832. GARNETT'S PITRE BALSAM OF CAPIVI PILLS. THESE PILLS consist of the pure Capivi Balsam in a consolidated state, and contain all its volatile and active principles, which are totally destroyed by every other mode of preparing it. The efficacy of this Balsam in sexual diseases of the urinary passages has been long known, and its superiority above all other medicines generally admitted. Hitherto the impossibility of admi nistering it in pills and in a palatable form, or without disagreeing with the stomach, has deterred many from its use, as well as led to the employment of various substitutes of much less efficacy. The Pills now recommended have been employed in many thousand cases with uniform suc cess ; and in a large proportion of these cases, after all other remedies had failed, particularly the spurious imita tion called Balsamic Pills. In gonorrlicea, gleets, strictures, weakness, pains of the loins, irritation of the urethra, and gravel, in fluor albus, or whites, and in cases of debility, these Pills will remove the disease in a few days, as well as chronic affections of the urinary bladder and kidneys, especially those accom panied by mucous and purulent secretions in the urine. In all diseases in which this Balsam has been prescribed by physicians and surgeons, these Pills will be found be neficial ; and the more especially as they are the most effi cacious and most agreeable mode of administering this valuable medicine. . with the diminution or increase of the notes of the Bank of England, but you thought that occasionally they went in an inverse proportion; can you state in what period you have noticed that operation ?—I stated the period to which I alluded to be about July and August, 1825, as far as my re collection serves me. Do you think that the circumstance of having a competition of joint stock banks in the metropolis would have a tendency to prevent fluctuations in the circulation ?—No, I do not. Do not you think that if any one bank issued more than its due proportion of paper, it would imme diately be thrown back upon it by the other bankers? —lt probably would in a short time. Would not that prevent any one bank issuing more than its due proportion ?—lt would be a check in a certain degree. Would that check operate immediately upon the Bank ?—I am not prepared to say that it would immediately, but it would act as a check within a short period. Sold in boxes at 2s. 9d. and 4s. 6d. each, by the in ventor, G. H. Garnett, chemi,t, Welbeck-street, Caven dish-square; also by Barclay and Sons, 95, Farringdon street ; Sanger, 150, Oxford-street; Sandell, 29, Poultry; Wilkinson, 215, Strand ; Shepherd, 176, Fleet-street; Sutton and Co., Bow Church-yard ; Butler, Cheapside ; Sellers, 3, Broad-street, Bloomsbury ; Hannay and Co., 63, Oxford-street; Rea, 14, Upper York -street, Baker-street; Odling, 26, Oxford -street; Vines, 75, Aldersgate-street; Chappell, Royal Exchange; Mawhood, South-street, Liver pool; and W. B. Herron, Lower Sackville-street, Dublin. Ask for Girnett's - Have you any idea that some years since the Bank of England refused to discount good paper for any respectable merchant that called upon them ?—I do not recollect any instance of the Bank of England having refused to discount paper which a private banker would think it proper to discount ; the Bank has refused to discount paper drawn for accommo dation purposes, or to keep up the price of a parti cular commodity : such instances have come to my knowledge, and which have been made the subject of unfair complaint against the Bank. And is it not your general impression, upon the whole, that with respect to advances made by dis count, the Bank of England exercise a very wise discretion ?—A very wise and liberal discretion. Was there any large quantity of gold in circula tion in the country prior to 1822, in anticipation of the withdrawal of 11. notes ?—Yes, I believe there was. WOuld it prevent all the banks issuing their fair proportions one to another, increasing the circula tion of the metropolis more than was required ? No, it would not prevent it. You are aware that the Bank of England have by act of Parliament a right to pay the di v id en d s to the public ?—I am aware that by all the acts raising the different stocks, the Bank has a right to pay the dividends thereon. COURT OF BANKRUPTCY -SEPT. 27. The Court met to day, pursuant to the determi nation announced by his Honour the Chief Judge at the sittings after last term. His Honour Sir John Cross took the seat on the right hand of the Chief, formerly occupied by the late Sir Albert Pell, whilst his Honour Sir George Rose took that vacated by Sir John Cross. St. John's, N. B. June 30, 1832. We, the undersigned residents and householders in the city of St. John, New Brunswick, North America, do not hesitate to give our most unqualified approbation in favou r of Morison's Vegetable Universal Medicine. By the use of less than a box the most benefical effects in al most all cases have resulted. We could refer to several severe cases, were it necessary, to show the superior ex cellence of this Medicine (a few of which have appeared in the public prints), and which, if taken according to the directions accompanying them, will revive and establish the desired healthy habits, and restore to the pallid coun tenance the natural glow of health and good spirits. Mr. William Anderson, Agent for the above Medicines, is about leaving this place for Britain, at an early day, and we cheerfully sign this certificate i❑ testimony of our hay ing used the above Medicine with the most happy success. CHARLES HARRIS GROOCOCK, M.D. ROBERT HAY., Air. SCOTT, C.l'. WM. SCANNELL. H. HODGKINS. G. ANDERSON, J. P. G. MARCHALL. R. W. NOWLAN. JOHN NEIL. G. LOVETT. J. JOSEPH SCANIMEA. CURES OF CHOLERA IN SHEFFIELD. Mr. Drew, Hygeian Agent, the) —I have a ga i n to return you my sincere thanks for Cure of my wif e , w h o was restored to health in two d a y s, by th e t i me l y use of Alorison ' s Vegetable Universal ./Medicine, of which I am in the regular habit of provid log a box for the use of my family, to be ready in case of tecessity, as having myself formerly received much benefit by the use of the same Medicine ; and I can assure you, Sir, that I have recommended them to several of my ac quaintance, who have likewise acknowledged their useful- Nos, and would recommend their use to every individual. Last week my wife was taken very ill in her bowels, at tended with violent purging and vomiting, with her body n early double with the cramps and spasms, and could not stand upright; but by timely use of the pills, she is now Perfectly recovered, for which I desire to return my thanks t° Almighty God, and to express my gratitude for your Iliclefatigable exertions, and wish your Medicines were better known that they might meet with, more ex temYive circulation. Your's respectfully, IVAL FORD, Yolk-street, Sheffield. July 24, 1832. thelhe " Vegetable Universal Medicines" are to be had at College, New-road, King's-cross, London ;at the Surrey Branch, 96, Great Surrey street, Blackfriars; at Mr. Field's 16, Airstreet, Quadrant; Mr. Chappel's, Rytooydal Excll'ange ; Mr. Walker's, Lamb's Conduit-passage s o-square ; Mr. J. Lofts, 10, Mile End-road; Mr. BennLett's, Covent_de-lis-courts Nort ognarden-rnarket ; Mr. Haydon's, Fleur- Falgate ; Mr. Haslett's, cliffe-highway ; Messrs. Norbury's, Brentford ; Mrs. 118, Rat- Stepping 's, Clare-market; Messrs. Salmon's, Little Bell alley Beech Miss Varral's, 24, Lucas -street, Commercial-road ; Illrs. 's, 7, Sloane-square, late of Sloane -street, C am, 4, ; Mr. Chapple, Royal Library, Pall-mall ; Mr. Kirtlam, 4, Bolingbroke -roar Walworth ; Mr. Pain, , yn- str eet; M r . W ood, Hair-dresser, Richmond; Mr. 61 JermMeyar, 3, Ara y 'a- buildings, Bl ac k h eath ; Mr. Griffiths, Wood Wharf, Greenwich; Mr. B. Pitt, 1, Cornwall-road, Lambeth; Mr. J. Dobson, 35, Craven-street, Strand ; Mr. Oliver, Bridge- StStreet, Vauxhall; Mr. J. Monk, Bexley Heath; Mr. T. okes, 1 2, St. Roman's, Dartford ; Mr. Cowell, 22, rrace, Pimlico ; Mr. Parfitt, 96, Edgware-road ; Miss C. Atkinson, 19, Trinity Grounds, Deptford; Mr. Taylor, I hulwell ; M r. Coverley, Bow-bridge, Stratford ; Mrs. J. Moore, Wonlwieh ; and at one Agent's in every principal town in Great Britain, the Islands of Guernsey and Malta, and throughout the whole of the United States of America. s. 13.—The College will not be answerable for the con sequences of a ny M ed i cines sold by any Chemist or Drug gist, as none such are allowed to sell the " Universal Medi cines;" which can only be had genuine at the Bri tish College of Health, and of, tbeEregnlarly registered 'tents in town and country. IN RE GILES. In July last the bankrupt petitioned the Court for a supersedeas; and, as the petitioning creditor was out of the country, obtained an order, making the service of the petition for the supersedas on his so licitor good service. In the result, the petition was dismissed with costs. Mr. SWANSTON now moved that the minutes of the order of the Court should be amended. The COURT acceded to the motion as prayed. The COURT did not rise till nearly six o'clock. It was occupied for the two last hours in hearing the argument of counsel upon a question on which the Court forbore to give any opinion at present. 'ARD OF BISHOPSGATE WITHIN REFORM FESTIVAL. The freemen inhabitants of the ward of Bishops gate 'Within met yesterday to the number of 300, at the City of London Tavern, Bishopsgate-street, for the purpose of celebrating the triumph of the measure for a reformed representatio n in the House of Commons. Mr. Alderman Copeland, the Alder man of the ward, was invited to the festival, but he sent a laconic refusal to the invitation, alleging that it would be inconsistent with the vote he gave in the Common Council if he accepted the invitation, and stating that he should not be in England when the dinner took place. Mr. W. STEPHENS was called upon to discharge the duties of the Chair. When the cloth was with drawn, it was announced from the Chair that a medal, commemorative of the glorious achievement of Reform, had been procured, through the instru mentality of Mr. Gibson of the ward, which would be distributed gratuitously to the company. The stewards, accordingly, came forward, and presented to each gentleman assembled a handsome bronze medal. The CHAIRMAN after the usual loyal toasts gave " A reformed Parliament, and may it prove the terror and scourge of delinquents, and the protection of the public purse." The Chairman cautioned the meeting not to be deluded by the present machina tions of the Tories, who were now hard at work all over the country, endeavouring to destroy the good effects which the Reformers had obtained. He trusted no true Reformer would weaken the glorious cause by starting against another reformer, and thus, by dividing their interest, allow the enemy of the people to prevail. What he, and what, he conceived, the country expected from a reformed Parliament was, that places and pensions would be rigidly scru tinized, that taxation would be more equally distri buted, and especially that church reform would be brought about.—(Great applause.) " His Majesty's Ministers," " the Lord Mayor," and several other healths and patriotic toasts were drunk, and the company separated at a late hour. Las t week, at Yowls of Old Montrose, a single seed of corn, having nine stems, was pulled, which produced the large number of 857 seeds ! It is to be ob served, however, that this prodigy was found in a field of peas.._ Caledonian Mercury. Do not you think it probable that, continuing to possess that privilege, which they would have, whe ther more joint stock companies were formed or not, they would pay those dividends very much in their own notes as now they do P—Probably they would. And that so long as they possessed that privilege, their preponderance and importance would very much continue P—Certainly, in a considerabl e degree. Would it not give them a vast advantage over other establishments P—As far as the amount of notes they would have in circulation, and in general business. Then it is your opinion that if other joint stock banks were established in the metropolis, the circu lation of the Bank of England notes would still con tinue to be the chief circulation ?—They would con stitute a very principal part of the circulation, pro vided the same right of paying the dividends remain to the Bank as now held by it. If the same right of paying the dividends remained to them, and they had, as they have now, the right of paying in their notes to the revenue, do you think that that would continue to them the mono poly of the circulation of the metropolis ?—Not the monopoly, it might continue to them a great propor tion of the circulation of the metropolis. Would it continue to them such a proportion of the circulation of the metropolis that they would have a control over the circulation so as to prevent any undue fluctuations ?—Not altogether so as to prevent any undue fluctuations, but it would give the Bank of England a very salutary check over other banks. Then why do you think that the establishment of joint stock banks in the metropolis would producefluc tuations in the currency of the metropolis ?—I con ceive that, taking the circulation of London in notes at about 20,000,0001. or any given sum, the pro bable amount of gold locked up between the banks i would be on e -fif t h o f t h e w h o l e amount of notes n circulation ; a variety of causes might occur, without any over-issue of notes on the part of any of the banks, to create adverse exchanges and an export of gold, which would throw the notes of the joint stock banks back upon themselves for gold; and each hav ing a much smaller proportion in gold by it than was necessary for the withdrawal of their notes, the whole portion in the hands of the different banks being only one-fifth of the whole circulation out, they would immediately begin to contract their is sues, and not only to limit arid stop all accommodr don to their customers, but further to call in their loans for the purpose of possessing themselves of the notes of the other banks, with the intention of ob taining from them that supply of gold which other wise they would not h ave to meet their own en- gagements. The answer you have given applies to the case of the exchanges turning against the country without any previous over-issue of notes; do you think that occurrence likely to take place ?—lt is an occur rence that has very frequently taken place, from foreign loans, and large i mports, w i t h out any pre vious over-issue of notes. Have you know n i nstances of it ?—I have. When you sp ea k o f t h e right of the Bank of Eng land to pay the dividends, do you conceive that is any thing of a vested right, which cannot be taken away by Parliament ?—I am scarcely prepared to answer that question. It is a right granted by Parliament for particular uses ; but I conceive the Can you state any particular fact from which you think the Bank of England circulation increased at that period ?—lt could be shown that we paid more notes of the country banks at that time. When you pay notes for country banks, is not that operation somewhat similar to the country banks paying them themselves P—lt indicates that there has been a large amount of them issued pre viously, and that they were then returned. Therefore the conclusion you draw is, that in July and August the country banknotes were being paid off P—That the amount of their issues in the previous months were thus coming up to London for discharge. Therefore in July and August that fact would rather show that a contraction was then taking place of the previous issue ?—Yes, provided the country banker did not continue to keep up his circulation by fresh issues. Would your books show at what period that issue had taken place ?—We should only be able to judge of it by the remittances we received, and it is a fact to which I have not recently turned my attention Can you state how long that large payment of country bank-notes continued in London, which in dicated an excessive issue in the country ?—I have not recently referred to it, but I should not wish to limit it io the two months I have mentioned. Did it continue beyond that period ?—I think it did. Did not that indicate a considerable disposition, during that time, upon the part of the country banks to put out more notes than the circulation of their neighbourhood could fairly carry ?—lf this payment of country notes in London was kept up for any length of time, it would prove that fact most clearly. Have you not observed that occasionally the issue of country bank paper depends somewhat upon large fairs and sales of cattle; have you ever heard, for example, of very large issues of notes at such pe riods ?—Very often it depends upon local causes, and it varies in different parts of the country in that way at different seasons. If the notes brought to your house for payment in large amounts in July and August, 1825, had been issued by the country bankers a short time pre viously to July and August, 1825, would not that tenet to show that it would not lie in the power of the country bankers to increase the issues of their notes during a period when notes were reduced by the Bank of England ?—lt does not follow from that that the country bankers were not keeping up their circulation in the country during the time that, those notes were coming to us. That would cause a further continuance of the large payments you made towards the end of 1825 ? Yes. Do not you think that towards the latter end of 1825, or rather in September and October, a great increase of country notes came to London for pay ment, in consequence of their being payable in Lon don only ?—lt was a cause which towards the end of 1825 operated very much, whether as early as October 1 am not aware; I think the first failure of country banks took place in November. You stated that in July and August, 1825, you paid an unusual quantity of country notes; do you recollect whether at that time, what is termed a write-off, of one country bank in favour of another, increased in the like proportion ?—I cannot answer that question satisfactorily from recollection. If they did increase iu that proportion, would it not be a c i rcumstance confirmatory of your opin i on, that th e country bankers were disposed to issue largely ?—lf the exchanges continued very largely between the country bankers, it would lead me to the conclusion that they had continued their issues of not es to a very considerable extent, but, not hav ing ref erred to the subject, I am act prepared to speak d ec id edly as to the fact. About August, 1825, the foreign exchanges were adverse to this country, were they not ?—I believe they were, but I cannot speak positively to the date. Was there not a contraction of bank-notes about that period 2---4 think in August and September, 1825, there was. Is not the effect of a contraction of bank -notes to render them dearer with relation to the price of oommodities ?—Yes, if there is no counteracting cause. Gold being the common measure of bank-notes Do you happen to know whether you received a large quantity of gold in the years 1823, 1824, and 1825 ?—I do not recollect the circumstance at this moment. Do you happen to know whether the alteration of the law which extended the period of the circulation of 11. notes for ten years, led to a very large issue of notes on the part of country bankers ?—That is a question which I must answer so much from indis tinct recollection that perhaps I should only mislead the Committee by replying to it. Is it your opinion that that would occasion a great increase of country paper ?—lt is very likely to doso. And have forced upon London the whole of the gold, or nearly so, that had been in circulation ? That would have been the probable consequence. May not that have occasioned the large stock of bullion which was in the hands of the Bank in the early part of 1824 7—That would be the probable operation. _ Supposing the stock of gold to have been unu sually large in London at that period, would it not take a longer time for the exchanges to be operated upon there, precisely in consequence of that mass of gold?—Yes, it would. - May not that have been one cause why the panic in 1825 was so very serious ?—Yes. At the present time, in the course of your busi ness, is the balance of gold in your favour or against you ?----At this moment it is in our favour. To any considerable extent ?--Not to any consi derable extent; a month ago it was in the reverse way. Had you any great demand for gold at that pe riod P—A very considerable demand ; a very large demand from Scotland. Do you consider the country banks at present in a state as safe and substantial as they have ever been ?—I should say they are in as healthy a state now as they ever have been within my recollection. Do you think that, generally speaking, they are more so since the suppression of 11. notes ?—I should say certainly. Do you think the establishment of the branch banks of the Bank of England has improved the country circulation or otherwise ?—I do not think it has improved it; I think, as they have been hi therto conducted, they have been a convenience, and perhaps a benefit, to country bankers, but if they extend their business so as to interfere with the pri vate banks in the different towns, I think they would bring about the same evil which we antici pate in London by the erection of joint stock banks. Among country bankers that you correspond with, what do you find to be their general feeling with respect to the branch banks ?—My opinion is founded upon the opinion of my correspondents, which is, that, as they are at present conducted, the branch banks are rather useful than otherwise to them; there has been no material interference as yet with the business of the private bankers. Do you think that opinion is well founded ?—As far as I can judge, I should think they area great convenience to a private banker, without being de trimental to his business. In what do you apprehend that a further exten sion of the system may become prejudicial to coun try bankers ?—At present they bold out some ad- A numerous meeting of the Liverymen of Lon. 'on took place last evening, at 6 o'clock, at the Guildhall Coffee-house, to adopt a report respecting the propriety of electing two citizens, not Aldermen, to be put in nomination for the office of Mayor on Michaelmas-day next. Mr. ‘VILLIAMS was voted into the Chair, and in stating the object of the meeting, said, every body present must be aware of the hostility lately dis played on several occasions by the Court of Alder men against the rights and privileges of the citizens of London. It was this vexatious hostility that led several citizens to inquire into the rights of the Court of Aldermen, and particularly into those by which they chose exclusively from their own body the Lord Mayor. The result of those inquiries was, that the gentlemen occupied in it had made the dis covery that the citizens of London had the right to choose a Lord Mayor from among themselves. Se veral Charters of the City of London assign dis tinctly this right to the commonalty—that is, to thc. citizens. The charters of King John and Henry 111. were precise upon this point: several decisions in the Law Courts would be found to support this right. Mr. FRANKS, the Secretary, lead the Report of the Sub-Committee, to the following effect : " The Sub-Committee report, that they have taken every pains to ascertain from the Charters, Acts of Par liament, and other documents relating to the election of Lord Mayor, and are decidedly of opinion that the right is vested in the L ivory of London to elect the Mayor from the citizens; and that the claim assumed by the Court of Aldermen, that the Mayor should be chosen from their body exclusively, is not warranted either by law or the charters. " That the Court of Aldermen have manifested such bitter hostility to the citizens in the exercise of their char tered and prescriptive rights, and have given so many proofs of a reckless and profligate misapplication of the funds of the City, in shamefully squandering enormous sums of money wrung from the industry of their fellow-citizens, in attempts to deprive them of their rights, in direct vio lation of an Act of Parliament and of the Charters, it cannot, therefore, be doubted but they will use every effort to maintain their usurpations, and offer every opposition to the rightful claims of their fellow-citizens which can be suggested by the craft and trickery of well-paid law yers: the Sub Committee do, therefore, recommend, that as there has not been sufficient time to organise such plans and to make such arrangements as will render success in dubitable, not to contest this important right at the ensu ing election. " They further recommend, that the present meeting do form itself into a Committee, with power to add to its numbers, fur the purpose of adopting such measures shall ensure success in future elections, and use every effort to obtain a restoration of the ancient right of electing the Aldermen annually." Mr. 'WILKINSON rose to move that the report and the recommendation therein contained should be adopted and attended to. Mr. NICHOLSON observed, that the time of the election of the Civic Magistrate was so near at hand, that he was perfectly of opinion that the struggle for the right the citizens had to elect from their body a Lord Mayor ought to be deferred until the citizens were better prepared. He begged to offer his entire approbation of the report, and said that it was highly creditable to the gentlemen on (lie Sub-Committee who had drawn it up. Mr. BARRETT had but one objection to make, which was to the recommendation of delay. If the facts contained in the report were correct, he thought that the contest should not be deferred one instant ; that it should be commenced to-morrow. In all matters he agreed with the poet, that " procrastina tion was the thief of time." The Charters quoted in support of their rights could be as well acted upon now as two years hence. Mr. CONST agreed with Mr. Nicholson as to de ferring the time of the contest, and doubted their power of acting according to the Charters men tioned in the report. Mr. 'WILKINSON said that the Livery should not waste their time on trifling occasions, but preserve it fresh and concentrated, in order that it might be more effectual on the occasions when it would be absolutely necessary to put it forth. The CHAIRMAN begged to assure the meeting that he knew it to be a fact that Sir Peter had materially changed his way of thinking since last year. He was now inclined to listen attentively to the com plaints of his fellow-citizens, and would redeem the pledges he had lately made to them. His pledge of calling Common Halls when the citizens requested it, and of allowing Guildhall to be used by the electors at their meetings, was a useful concession on the part of Sir Peter, and he was sure that the pledge would be redeemed. Mr. CROUCIIER said it was well known that the Conservative party was at present very busy in the City; and if Sir Peter were allowed to pass the chair without a contest, it would be tacitly encour aging them. A man like him, who had treated the Livery with such contempt, should not come for- Nerd and hope to be supported by those who had been the objects of his gross and repeated insults. Mr.BARRETT said, that thotigl. tie had but a poor opinion of the Aldermen in genetal, he had a good one of Mr. Alderman Kelly. He would, therefore, move that he be put in nomination at the ensuing election. Mr. CONST said, that though he forgave Sir Pet* Laurie for the trouble he gave him last year, making him vote three different times, he did not entirely forget it; and should be happy, by way of retaliation, to give Sir Peter the same occasion for o da exercising his limbs that Sir Peter gave him last election. The meeting should bear in mind the number of votes a Lord Mayor could command i n the election of City Representatives. Th e next C mb i d v e i r c s the o e fr Chair wouldanybody b Parliament e gr eat was w h se a mostpoliticalnger i im havingp ort election a n im portant n o o f tnh Members opinions were opposed to those of the great body of citizens. He doubted Sir Peter Laurie--he doubted all Tories--they were bad in the flesh, blood, and tone—they were humble now that they were down; ney were not afraid, because they knew the for giving nature of the Reformers. Mr. MACKIN thought that Aldermen Key and Kelly should be put in nomination, and supported by the present meeting. Mr. DEATH, as a Common Concilman of the City of London, would give his cordial concurrence to the report. Mr. WILSON thought it would be the more pru dent course not to oppose any one to Sir Peter Laurie; for, in the event of a defeat, much injury .vould be done to the influence of this Committe. Mr. NICHOLSON said, as the public papers of to morrow would declare war against. the Court of Al ermen, the Livery and Citizens should prepare themselves, and be found ready for the fray. Mr. BARRETT, on consideration, thought it more prudent to withdraw his motion. The motion was accordingly withdrawn. Mr. CROUCIIER moved a vote of thanks to the Chairman, which was passed ; after which the meeting separated.