The Express.
London, England, 1847-12-04 00:00:00

I qPERIAL PARLIAMENT.

HOUSE OF LORDS.—FEIDAT, Bac. 3.
The Earl of Snarriescriv, as deputy-speaker, took his
mat at Ave o'clock.
BANKING COMMITTEE.
The Marquise( LANSDOWNE moved that the following
peen be nominated a ocestaltbse to Inquire into the causes of
thorniest commerciel Metres :—Duke of Richmond, Earl
Grey, Earl of Auckland, Marquis of Salisbury, Lord Ash-
banes, Lord Brougham, Earl if Ellenborough, Earl St.
Gerlllll6ll, Lord Glenelg, Lord Beaumont, Earl Grenville,
Earl of Billitos, Lord Kineaird, Lord Wharncliffe, Duke
of lustros', Marquis of Clanricerde, Lord Stanley, Lord
Montiegle, Lord Campbell, andl
AL (I RE LANDd) the Lord Presient.
COURTS-M ART.
The Duke of RICHMOND moved for a return of the
number of poisons who had been tried tn Ireland under the
3 and 4 Wen. IV., o. 4, a, 13. He mid that the ace of par.
Inman to which he alluded bad been in force for about
twelve months, and the object of it was to provide for the
difficulties occasioned by the timidity or corruption of juries.
He (lid not mean to say that such a difficulty existed at pre-
sent, but, in case it should arise, it was will the people el
Ireland should know that there were latent powers in the
law sufficient (or the emergency. He believed the ihot to
be that, the moment the act to which his motion
alluded was paned, and the people of Ireland found that
in case of any tampering with prim, oourts-martial
would be substituted, all such tampering ceased at once.
The hfuquis of LANSDOWNE had not the slightest ob-
jection to offer to the motion. He concurred to almost every.
thing that had fallen from the noble duke. The state of par-
ticular portions of Ireland was disgraceful not only to
Ireland, but to the United Kingdom, to government, and to
parliament. He had no hesitation in saying that if the
measures which were about being brought under their lord-
ship.' notice should not prove effectual, the government
would stop at no available means to restore peace and order
to the oostatay.—Motion agreed to.
Their lordships adjourned at half-past 5.

HOUSE OF COMMONS.—FRIDAY, Dec. 3.

-
The S took the chair at four o'clock, when some
members took the oaths.
On the motion of Yr. J. P , it was ordered that the
house at its rising do adjourn till Monday.
RAILWAY BILL.
The order of the day be the ethareittal of this bill having
been reed,
Col. SIBTHORP regithath math that the legislature had
eanctieami them meow asemspellee, and would prefer that
the bill druid ho posthemed, at wet hr the present.
The lram them with Len orrawithee, and clause. I and 2
IMO 1111. In willmenro lle the SM clause, which fixes
the p=temigaittes, the Obeweelthr of the Exchequer,
is anthog to a window *ma Mr. lioavoite, explained that he
nd had And two ea the limit, hosathe on consideration it
thew that tbe had hat would entheleat If, however, the
committee making
it two-and-a half or three years,
as he win bed& Rio own opinion, he must at the
same time my, was in Lvov of two years. (Hear, hear.)
The two years Halt was adopted and the clause passed, as
did clauses 4,5, and 6.
The CHANCELLOR of the EXCHEQUER proposed
to omit datum 7 milk and to introduce in their stead the
wing .* -
folirtotat winesser my were shell hem beir pawed b the rem
Neither" Itheolsalliag the taws Mien Irma eye Itheerom
Volittengrefewer ast war lethally bermodesk ral
moths. ea *am tho, mar thememothe el af
ar est,
ail mwtherememiliseemowthalen le le this tr Ho memeny
Ile the thane sr meepthe el, or sem games temestedAroz
leas lyna sr mei be Ilte=eth ends itherigker or
Mealththbf ~ld lif ••
Se mews el oath lee" t'
mime amps
imam Mr Os @dating dthege Of img=ined by szsh wawa
"Ira rlsilirmak. oblethe, MI the grawaliVat this Meths
AM net zwthgaise the dela elrperthis with whom agreemeats
ep•ar toty the atheamt whit lima be pilaw* for their prti-
bad bum ems* bat vibe aiii& Misr lalury by the
delay arbisittith eta wadi aim la tit lag up such property,
and pai the meaty an the peat of ale company.
lb. PILES also meted the proposed &sage in the bill
on the sense groan&
Mr. }MOWN admilath that the alteration lad born
so math by limool4 bat net with the view of depriving
La of *dr NM rigbia
Tho CRAWCW.LOR et the EXCHEQUER said that

tiau sd les raw ideas. wu ths rune ee that
wide\ Mestat the bIL It wu never intastbil to
= led pas Se these whose claims bad already buow
Mr. AIIILICNET#I/ not agree with the Clutaaellor of
the lizehlquer drills sleet s(the prorated obtuse was the
Esse Is lie lth dime M Ms MIL
The ATTOZNIT.OINIZAL thought the sainUttse
bad bear eddy spa thslides4is of compeustisa—that
wsa, wheisall be tallied would then be may to draw
up
a eines la oesiniones with dds vbrw.
Mt . ornarrr obsousd it was salts ea mew to sap-
pus that Or astallbsted chew bad beta adopted an the
tellislthm albs iheassubis agabegesideedyeleal Thy
fast Ms emseilasat el dm Amass bad bass
sod delmedmed__sgsa bobs
el the hew. Rmises) nee hurl of
f. eigestioa
Kr. warms wield segars of as eushasat that did
not protest hubwass.,
After kheglitmeskibeamica,
Tim Cl.ll. ef Me EXCHEQUER consented
to withdrew be* chasm end bring up ass the sopa
whith woad same elbstully obviate the sreMtsst ape
poled della( faxamism
Clam 7 mid 8 Imre o.dinly palpated. Chem 9
basing bees segstived, the prsamUs of the MI was agreed
ts, dye beam mmused. sad the bill wasp asated with
amsedmewlla
Mr. A. STAMM gam settee that in the next stags of
the MD he shes Mal the attsstios of the lows to the in-
tim*. of a dam rafinfely stand by lids maessre—he
set the essillisa el Or labrabg dams employed
on railways.
CIVIL

..-....... r MINT OF MILITARY OFFICERS
IN IRELAND.
An Hee. almia rid he bad • gee ds. to put to the
right hog. bereast the Seerstery lOW Daring. the
last year a umber of rail/eery allure boa beta rated
to suroperinteadast the raid memos eland by
with to head. Keay
_et Ana, d 'gel
pats their ratan env, ball ben mesa
el pa-4w aim We and to haw whether=
beta Awe with the emeat el a ateasearatibisf sal
of the Mesenanerat of the Baines*.
ter W. soil NTILLI regal tat the appeirasele ,
allude& le WIN aura nerperry, asil bed bees with
the sprawl of the Dabs- et Wangles, ea shed As
Mentorllesend of the Weenie.
COMMICIAL DISTREES—ADIOMMEED DEBATE!.
Os the seedist of Lea J. Roseraz, the order of the
Say Re resesther the adjourned deists ea eseinercial di-
tress Magas Tea,
The Nati if GILINBTsaid, ken die war ha whisk
the Camas" of the libestreer bed spoken of the Beak
Charter at 411144, it skit be sorsa that that nate
had bees Is sham he bed • elesesey, and that it ha
pond Ina a neel neensed amen Bat ant
wee the het? Tat neenre - wee bents 1844 sada
the warsip of the arealle etammity sad the
beans 4 Lease ; it led lived br three short years ;
it bad base aegis& by the pemesi peemast, and yet in
1110 the (harper 4 the lizasper heel bees obliged to
dna hisellepa eihiL It was lasnale to gie a greater
lied 4 as sdairrees i.-.= of this sot dna was
slibeitut webbed theda
_thee* minsi, lb relessli
est aenlasa elf wan die eseetry. Lamm
as
'Pas the nonlaat of free lesieled id, eve to this
sway, Mad adi Isollse, big glossa la
whit the WWII aid waft elf the eseineeriligt:
- elhal te Wm a
onsionang wham heap Pam ttage. rogini as viand
sien
tor eadaahrathipes ease tina leer kenWe
se ant_a ape-
seete
diest Wane an hal seggensil *wade Annan
eabOSMg
zpie;edsagasenonmette dee the swasylken dee le-
vas le i en ist be untest milk brads(
• eel vane le~ost es Oil sem inneaste
to we enbeansi
thresh ilesis ea susefesteren. Let
add= Nana dee Merle to the saiseist of
15 or II edam hail setrage4 divas se sethiag atempred
to the aNISOIIi stead Intiallied ea the ineatry by as
ressinas is es . The we was feet pet I be
wee tell the eat el kik ash Ala bass an IT
wad seam Ile Masi esnadig.pgal be Ang. le .
ram the waft Maas isselles ellies en 411144. .
We. F. Minn sea the siesedweet bad beraula
int with ash Weal awl demon ; but
hes. never (Iffr. Wiles) bed a ade aro expernesse:
be add tan knows that d wee ast pea.
to litelahebr Inquiries by dad isitsestas.
esir, leter.) Is (Kg. l, Bring) bed awn. wig
atlesths Is as deer masa enteseni of ids
Mr be.. Mend the Obeender 4 the Ibeissavert eel.
the pant siniesse. bed la arid sempad is
ippon ef the area pima Zs
eseray, bet, enter a die diminseinea I tighten
and bed lad to thews leteresnosi theme bra • sat
adman to the set, awl ea the ether. a stale et dowse sod
dilisetty width it naked are abeam dna amp to
r
seeseasr. Metz,
bat bear.)that th He did not reps! that dia
&NI the led
estheity ey had bees Impeded to
Se It, mai he Om& they bei given it et Se pea
enissi thee.
(Her; herS) wiia it le b. daffy ist thet
he threw Mae ell wig Magi, if soy era sell be sin-
posed to be selsava in sea a gala ; sed be nog
at, at the two nee of all ethers was be dal& have
thosight the lea arity to be affrighted by light
.4 to e "%ere le the law If pessible, were his Mlle his
"lerealtawbeet the authority bet bees Pm.
they gave way be bit
'Alt ana er • nassatier wbillV
Ne a dangler this bean masa
..„4 way bad has pen abet is a
unary treesenien. The sallesits .
am it was tiled eir a ast tine, bad
enitainge lined is it. (Hear.) Cos-
, bathe may market ; but It wee
asealleeee is a monetary
se be as with either the or
missveared to want the widths of
4 Want ramie to either side of
-at as without l nieresse to his
from his wa say -
`s hive either is er the .
ig, be bail =tiara& it the dim
ihell—wideh lad ben my neek
t-.eres tea i by the entelet2oolll4ll
swam wall be checked,
eiregs dams ea evil east, or
/ alai the Beak was
. latiarsta id the
a hese Vim.)
Meng* basked maid" dean

of the bill, ia April last, had admitted that that part of the
bill had worked well, and expressed a wish that it should be
retained. (Hear, hear.) That was no small point
in the lestilts of the bill. Some said that specula-
tion hod been as rife under the bill as ever it
was bin. Bat it was most unreasonable to expect
M=of this kind from the bill. (Hear.) We bad
Illicofspeculations undoubtedly ; and on one point, in
winner to railways, he differed from his right hon. friend
the Chancellor of the Exchequer; and, therefore, though
Naves not at all insensible to the evils of over-speculation,
bed considerable doubt u to the expediency
std.
goossurent or the house interfering to check the in-
let capital In any way. (Hear.) A committee of
;11.-----mikossi. to me which might We;y be allowed to go
thiteerk a= =tiara& to be 'topped. On • former oc-
asitealie bad opposed such a project, and he was still d the
rime oral= -At present, perhaps, no great harm woad
rash from throwing owl all the railway bills now waled
before parliament ; bat, the moment the house took upon
itself the duty of saying that they would only allow so mutt
capital to be invested in railways as they considered could be
fairly spared from the other purposes of trade, they would
undertake an almost imputable task. (Hear, hear.)
Another expectation which he had entertained from
the bill of 1844, and which had ales been ful-
filled, was this: he had witnessed the difficulties
of 1837 and 1839 ; after a season of prosperity, some
accident gave a turn to the exchanges, and mused an actor-
aal drain on the Bask for gold. The Bank attempted to
set the exchanges right, and with difficulty succeeded, and
succeeded at a time when the gold in hand was so small that
the slightest internal drain would, in all probability, have
led to a suspension of cash payments. That was a subject
of deep alarm at the time; and every one knew that, in
1839, the bullion in the bank sank tojust two millions. It
had been expected that, by the operation of the bill of 1841,
the exchanges might be set right, without the Bank being
left in that state of extreme weakness ; and no doubt that
expectation had been perfectly answered. (Hear, hear.)
On two points his anticipations from the act of 1844 had
been fulfilled; he wished he could say the same as to the
last. He had alluded to the responsibility which might
attach to raising unfounded expectations. Among other
expectation* was this: that, by compelling the hank to com-
mence its operation early, and to withdraw the notes
Mildly from circulation as the gold was withdrawn
the country, the commercial interest would
thus be gradually operated on, and those difficulties,
which could not be prevented, would be mitigated.
The Bank mistook the signs of the times, and ne-
glected to take precautions early enough, and when the diffi-
culty sod danger came it made a sort of convulsive effort
to save itself at any risk; and the expectation was that by
compelling the Bank under this restriction to take an early
step of precaution, the country would be saved from those
convulsive efforts which the Bank was accustomed to make,
and that these crises, although inevitable, would be
mitigated in their effects. He, however, admitted that such
expectation had entirely failed; but he must confess to the
house that be could not yet help thinking that the prin-
ciples upon which that expectation was founded were cor-
rect and true—(hear, hear)—and the more so, when be
looked at the operations of the Bank itself. Oa this point,
to make himself clear, he must trouble the house with
figures. He would first take Sept. the 12th, 1848, and
he found, taking the figures under the old system, the
bullion in both departments to be about 16,000,0001.,
hut on April the 17th, 1847, there was a diminution of bul-
lion to the extent of 7,000,0001. He would take the same
date" es to the notes, and he found that on the
12th el liipassaber, 1848, the circulation was 20,982,0001.
sail et Aril the lf th, 1847, there wes an increase of
246,011111. do =Et say that was a state of figures that he
awn dank osuld have been shown under the operation
of rho bd. H. irdi Mead to all the objectioes
' whisk bad be= arato by boa. gentlemen, and he thought
the sugeolty who had spelma had objected to the
bill, bat the gum& of the dgeniens were the most dis-
cordant. fa then nata tlet could be imagined.
He would go late the'„ of the act of 1844,
and endeavour to come to the uious whichtruth and
crosiers =slit point oat; but he could not sit down
whitest earasetly esamodsg the boom not to be led away by
=Sr wows/ dialhap—set to be induced to make a
ems way or towetbsa, but to deliberate, to im-
mobile's dm, mad sot to bis mond by the idea that it
I woe slimery to do somatbkg, whisk of all the errors of
do km= mind, was primp one of the worst, that of be-
limbs pm most do aotambloss without knowing what you
aught to do. They might es= to a wrong conclusion, for
=re but men, and liable to err; but if they decided
inquiry, they wend bar orunitted the greatest Cli•
anon oda this geodes. (Ileac bear.) Those who
bad bees la trade-41es who are as it were from
• ilk bed--meow fuel warmly end right speak warmly ; but
as the legislators of this tieuntry, if they permitted their
teensy tor= away with *misjudgment and refused inquiry,
dry would coma • gnat political crime ; and if that in-
spire, mosplod • araderable time, months wore of no con-
segienet essuegnmd with the of coming to a right
deeifigis slimed asalinet Cheers.)
Mr. BWMairldslidas t hon gentleman who had
...re
lest eildreesed the home of her Majesty's minis-
ters far not having brought under the consideration of the
rieZwith a view refer It to the committee, those parts
to
z soaks& vita wen mainly the cause of parliament
bag sena Isgsdisr. If that were all, the letters of the
miglit yet be sellersd to the committee, but
ralrall ° maim wrist with that. This could not be made
• pOrtmosliss, a= *ay right to have brought before
ft", sat lay what the greswateut did, but that which
rdil set troy yet, why they did 1_ (Hear, hear.)
....,bpcia: =al pa
taLtraawyoulptddo romor show
mall shoed lot= Or dale of the Beak at toree
a rig
In bisokle aril hail eposeb,;;lT7Qile was
adlosed as the UM ot Crilobse_ dot , dam was a part in
dr .air, aside t theark 16 ssorion lo take
1 smh aromas ea raider& sort perm to dispel it. It
millirem so if it was to dispel some saboadd opreltea.
is ; bat di adds pony who and draw was a pore dis-
ease dr slob of do Beak; did dry sot say that if the
=did ad harper, the Bonk weed have
lb di Bede plat essegparmsta in two dips with-
asksi =lib asmdtbs kis • monk whisk was not
to seselvo them ? (lles becTheris Ars is the
..ak . dist that of hada T • the metes the
081/11111tabg In alleallilla were wee in
theirdlog depsetorat WANK andthere 1,647,2701.1
dap= ; osi spin ad the war—privets depo-
sits ladilSOL, std pubis . The Iwo=
rift might km been t01d24 hour tbo Bask
might bor boss ashd h%WM dtheir photo &po-
dia, sad, dm they red have bsolomplar try hod sot the
men of reed= it—Psear, heas)-rsill dr only abriative
voldibove boss to go late the medial is whisk lbritegnar
las woo at a dismount ad the dodo wers law. (Bear,
arm) Ho did set mess to NW Owl= mai; net have
....a.5.6. sedllee, bed slot bar Wall ths
=la la do if the Book had gm kto the mar to sod
Mellweeaioldi.. :the I IbtltillikiflBl4l. (it *B. 1'41:
who had aboard this the bill wee prod
haly sesdired what botill dirt of the
2
iamb of.tbo bill
_, sad woo sot the disk=
Orr midi bad it that had art brial
E=l, (" Bear, bear," from &sod 0. fissiselc) Mr.
wry early said, " Iflesner, by the asses d
tisk, tow sloe of ball= in the Bask Ike be Reeser to a
level sea* anwrading with the meant d its sots in
creulatiss ha mess of the 14,000,011 d. hard on credit—
what ths loseemy of ths basking aspreasiat shall be a-
m Eddy in, a= hs ram et solvassy shill be
es de sib of its semollec deb =I set
id , will pour explebrat be eddy bled." (Ear,
Acre) But Mr. Tooke was Ewe osimmas la his What
Ake Irving =ld nearly what Yr. Talloslos dose.
aid, " This Wag the case, the aboetss woad set have a
mom= to Ism Uponla•
• doremand spa dreg, raise sashor
eiremor as= =dor b moor= oriMoblog
via do Iliersdies of deb moseve, they mar in dtdr
doer as all domes. we dissands. (Hear.) Ask redo
meek sliwarstereftit will operate with • domed vialesr
ea the dab de m= wbbk m it errs to re, titre pmt
ma bar so a= hies GE , hem.) BO= tre
oir tbrionsillossok orf
Bask notes rood be fotolbly extraohd,
do paws as do suer= of the Iradsal=kon wadi lio
atsrmr, dry web eall is deb losaa"— dis had or
i. yr.) "It would be within the
-o7—sy it affirdepraat °CIO re =at. wouldl
tassymor be , hear)--asi e 1
wide Ise mail to a sabot ; =dotal 1<
disabdal wheibra tithe Bask bo
k ovilleler Ira. (Her bear.) I.
atebba whin the
deperateat iftstiLl have 6 task=
litoettg departmest have so hallo stop
. besitt smot dm= a= dierboss thing,
I=l.—(bnirdruml cad imereer to be allow= to take its
dame ; ert de glimmrsirt treed be impoodively waled
area m dists ad park so loopooldio • ~
Ha iambi angled at smother time to go Into • Lstnel‘en-
rof the wends of the different thuds. whisk
ile aIpINIIIM at men on this subject—them of Mr.
Mr. Norm on the one side and Mr. ?odd=
st=a Cdr, ilfilsoa) who abed way *sly
bio dr • kw sights alar, a= ark • wry loth
:ailed iss de stathossLkesetsber. Tbs.
domovid as astava, bat as hold so
Zyto it. Ho would, bowers, oapise to the par
mal=gart wesdaek whether it ems sot horrible to
6ths ost et Mk mit now stood. Was don no op-
rsbeerios—wes them sot • rusibility, soy, was than not
a mobility of the Illearleol of a amine Muster to the
men la pared, sad esti= might not end so smidarorily ?
Lad wore they to leave the lassmatile wall with that
egrairdes end weight esaporkil as them ? (Hear,
Amer.) Ids, threibre.tbsogirthat bar lisketri remarasat
mom so bike um gigs pending the inquiry to provist the
menu= ef der birittikg dignities whisk wen lair
ram—for theywor set irobbstal---la the act ankh Bomm.
bed moss be sellsehd Oa do aillar—de bo ra-
Asa mists opkiess—the mars by ordiellog
suricaities on rie, subject, do use he wee MOM 111
ISM to the esesinsion, that the add 1644 was Assti in
. utak.. awry, and that it woe penicularly WM. is do
m,u !ion of the flank into two departssese, coed-bi as,
a limitation of the circulation to 14,000,0001, ((12
=..7 There Ina one point which he contemplated
more than common dread, and that was Ist ly the
failure of the act of 1844, men's minds would be horded gm
to =tar the bandation of the monetary system whisk MI
been h)ld b 1519. (Hear.) He should be sorry to re the
public =ad easing round to that polat—(bar, hear).4ol
be raid sot believe the kw would am= to =ego de
1 edratoge ot cash onsets= But, at remst, the bet rid
trot Sim they raid do =old be to mom the =pod
ussie fait MINNA t
he dismotion of the Bank, iambi
whoternsords t darned at maim,giving oak
be 0
_dskise aressidis yea by sewn* thee ameba-
slass =id de mast pads I= Id bib& (Cheers.)

itraVaiiime—i—• IbTraw 11 j
I be. iliab_W 1141111
Sir, lose.) Wiss lb
t t wee met a 11.1 dimes
compelled them to him ea
bility. But thie Odes ws
laws rmaladat ear ammetet
et the 5/11 of 1544, Art Is
grimily ellibled the abaft
,04 had boa robral b
1 a harder Irk to mine am
(Hest.)
or.) thiamisa. b.
14
1 I the bria=bretdew
the hm_bat
ma
lib =tit Uill—iGlisva
ill IA Ili 1
lbsigac Tbs bid
belblei b illomiss-
=sesualrible barballtry
sesions to Ms Iti I=lll
rbsetb=s:l4
•
• r
• - -
. _