The Express.
London, England, 1857-06-23 00:00:00

SUPPLY.

Tho bonze then went into committee of supply.
A long conversation took place on the subject of the new
hones of parliament, in the course of which it appeared that
Sir Charles Bury had exceeded the estimate he gave in 18.14
for the completion of the fabric by 15,000 t. or 20,0001.
Sir HENRY WILLOUGHBY moved to reduce the esti-
mate by that NUM, but his amendment was negatived on
e.
division by a majority of 175 to 65.
Mr. CAIRO raised a discussion upon the management of
the royal forests, and contended that under proper rare these
fumes would pay the whole of her Majesty's Civil Let,
whereas, instead of that, the expenees of managemeut were
every year increasing. lie moved that the estimate foe this
year be cut down to the amount of last year ; but on Mr.
Wilson undertaking that the whole establiMment should re-
ceive a careful revision, Mr. Caine! withdrew his motion.
Mr. WILLIAMS divided the committee on a proposition
to cut off the sum voted for Queen's Plates in Ireland, het
his motion was rejected by a umijority of 202 to 66.
A great many other odes were gone through, and at 12
o'clock the house rimmed.
REFORMATORY SCHOOLS BILL.
Sir G. GREY moved the second reading of this till.
Mr. ALCOCK objected to proceeding with the bill at -o
late an hour.
Sir G. GREY thought that there was no objection to thi.
measure. It differed considerably from the bill which Lad
been before the house on a former occasion, and its main
provision was to give certain powers to eiagtrates fur the
purposes of aiding in the establishment of reformatory schwas
!here was a measure before the other house which clued
over until this measure should come before that house. It
was, therefore, desirable that no unnecessary delay shield
take place.
Mr. MILES trusted that this bill would be allowed to
pas. He did not mean to say that he agreed with all the
proviskeis of the Jimmie, but he thought that the princi-
ple was No well admitted that the second reading might be
allowed to go.
Mr. ALCOCK again ran; but was met with cries at
" order," sad "'poke."
Mr. O'BRlENhoped that the hon. gentleman would per-
sist in hie opposition.
The house divided—
Foe the second reading 164
Against O-11S
INSURANCE ON LIVES CONTINUANCE BILL.
This bill passed through committee.
SITES FOR WORKHOUSES BILL.
This bill was read a seco time.
PUBLIC nd
CHARITIES.
' On the motion of Mr. HAIUIC.II,TLE, leave wi gi.,
to bring in • biIIJOINT STOC for the incorpoK
BANKS. ration of public chatith
Mr. LOWE moved that the Speaker leave the elide. in
order to move tor leave to bring in a bill to amend tie. law
relating to joint stock banks. He should detain the house
at that late hour but a few seconds in explaining the
object of his bill. The present state of the law relutieg to
joint stock banks wae most objectionable. In order to
forma hank the parties had to petition the crown for the
purgee of obtaining the grant of a charter. After great delay
and comiderable expense the charter was obtained. When
obtained it gave no privileges, and amounted in fact to little
more than a mere license to trade. If things went on well, then
the bank traded, as all other corporations; but if otherwise,
the difficulties of ite position were increased ter-fold by the
law. It might be wound up in Chancery, or in Bankruptcy, an
in both, while every shareholder rrmeiuod liable to the
common-law jurieliction. The remedy for this afore
of things was extremely simple. It consisted, in fact,
merely of repealing KOMIICIIOI the Joint Stock Compenies Act
of lost you as carted that banking rompanies should not
come within its operation. By so doing, that act became
applicable to banking companies, and its proyisione, which
were familiar to all, and which provided a register of share-
holders, and one means far winding up would relate to banks
in the eame way as they now related to all other companies.
When he added that it was not proposed to extend the prin-
t-Lipka of limited liability to banking companios, but, on the
contrary, to leave the liability of sharehuldera unlimited--
(hou, hear)—he thought he had stated everything that aas
necessary to be stated on the subject.
The house then went into committee.
Mr. Melina, Mr. Roebuck, and Sir John Shell.. etiongly
urged upon the government the propriety of introducing iutu
thf• bill tare the principle of limited liability.
Mr. HENLEY contended that there act much to be said
on the other side, as the principle of unlimited liability was
strictly enforced against private bankers.
After POW farther observations from other members, the
bill was introduced.
ECCLESIASTICAL CORPORATIONS AND Fe(11:

SIASTICAL COMMISSIONS.
On the motion of the Marquis of IRANDrostn, the
following were nominated the select emanate° :—Lord John
Russell, Sir George Grey, Marquis of landlord, Sir James
Graham, Mr. Walpole, Lord Robert Grosvenor, Sir 301111
Pshington, Mr. Ingham, and Mr. Muwbray : three do be the

quorum.
The house then adjourned at 25 minute.. pant I o'clorl.