The British Press; or, Morning Literary Advertiser.
London, England, 1821-04-10 00:00:00

IRISH UNION DUTIES.

Adjourned at Seven o'Ckck.

a

The E4ll of Was LKY isti.ved that there be 'ail
before the !louse a copy of the Memorial presei.trd
to the Lords of his Mojesty's Trramry by tti-
lank of lrrlstid and othris. pre)irig fur s Modal.
cation of the Union Doti.' renewed io pis tint
Session of Parliament ; together with all other WV-
arorials relative thereto.

After • few
sobsetrutions from the Earl of LI-
111411Clt and the Earl of CAINCII,SO2I. the mutitai
woo agreed to.

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far

ire -ti Pepsi of
Wakeman the
Ulf lost. be ...Id se;besit _ •es the costa* is British
' lodis, of widows Wean theinselyea so the loiters! pike of
sheittigaboads.
Mr. TRIMAYKE pessessed Isar relitloss tents Oars:
wail esegplaßsiog of iealtseat .4irstress. —Refined to
lb. Consesittensgs AigionNore.
Chesil worm. priiptufra • Pelltieteirolli Ilexasder
-11OHAir; .fallikkaldy.ogilsel shy altleridos 'df tint duties on
-Ilehitallogingl.—Onlered to be psioSid.
H.. BL AIR yripentsal • %tidos from the Beek., of
Sdisburdig relies; so be lewd by Counsel •
agitinxt she Scotch Court of Eieseioo NlL—Ordered to hi
rioted. •
alt. MUM presroted a Petition Ohba the Cora•Mstr-•
holdirra of bonded pain, of Dieglie, *guest NW
wiligration of the Curs Laws which might Warty to iteisir
the averap. As far as his animism west, he wield hint lid
• üblietion in the remain Bill, so fir as she promotion it
• Valid west, het hersd that he eoohl set bedirrellhai the
meld hit sselil or in asy way desirable.
• Mr. CM poesentid• o eliHtt Mello Alt
. - Norobiseis used Cora Ifeetors.lesportere sod
Foreign Cars, Is the City is ........—Rd.cosome,
the foregoing. loth* Agrienhosal Coolsoittee.- • ded,
.• IV. T. WILSON proWittell alretkies • set th 4
-ea Puerto Wool, fro. the Cluthiees, Wool •
ideolsonersaro, of she Owl( 1/16110111. 'Mb Heft 1114111110
ISM% MOW statements le she. the yinliciens insdnil.llo
the. Wool Tax ult the Welleo Illasalictsrtrs. . „di rf
Mr. BARING ssiA, that if she Howse did poi
tie fictitious ou the subject of be Wool Tax, the • '
Woe eery likNy to line the Woolley hlnaufaetiore
tier.
Mr. HUSKISSON said .bat theta: wes not Wasingii Ma
she Wool!.,, Mauefaeturer..
Mr. 'BARING said a few words, and the tikßkinissii •
laid oit the table.
NEWINGTON VESTRY BILL. •4
•
Mr. H. BOHN Fit moved fur the re.spouiatineot
Vuosisitise us the Newisgtos
A- shah disesesies anise us the googlies' .wholigletb WM-
the COMlliillee
.1111111114 be iingsediately allowed 110.0101111,
.Mite dais ware *Wield be gives. In this di
.17 Delimit, Mr. Dettitos, R. Wilgus', Sir arrevapt.
Mr. II: Sonisei,. sad lei-malt Wild, took' pore.
. The BYBACER roesuitiseuded shut, soder all His AS.
coseggasees Coessnittew should sit its Weastioday;

MI

;was ultimately decided es., , .
CONWAY
.paiDGE BILL
• Mr. CANNING utioied the Order of the Day tor
Nouse resolving itself filo * Committee ire the Coin?*
•Nridge BilL—The Howie neat Wks Committee. •
Mr. T. COURTENAY pot the "meatiest lier grand*
40.1001. out of the Conoulidaled Pond. - • .
Sir. WA RRE and Mr. HARING required meow cepa,.
nation os the sidled lefore they would vote such • WM.
Mr. CANNING selek Out the treasure had arisen
Ilbretbadons of two Committers, and that 11* Nikkit w
be Amassed to meet advantage after briagiag op the R..
!•
Mr. GRENFELL said, that nothing „sae more witaW
:or enfold be more desirable than the proposed bridge. ; •
• Some further eonviesaike ince on the importaere of t*&
Misasare, is whist' Mr. Baring, Mr. J. Smith, Mr: G. Besistabk,
Mr. Cannieg, Mr.. Aberercimby, Mr. Muskissoa, entralle.
F. Campbell,. took part.
Mr. HUME eorild not colons* to allow the money owls/
'the ConsoTsfated Fund, as the House were not likely eves
'to one the rtecousit of it afferviards. Ile. preferred' that as
• ,
allowance I. aid by Rethequer Bills should be made 11) the
parties mod isteresied.
Mr. HUSKISSON said, that the account was alms* kw-
44ore the Almost, not Daly of the wart itself, but of the
• :means by which the. money advanced would .be *Olen. d to _
`sari Government; adth as increased pestered letters on
Abed reed. • • •'
'Mr. HU hi Road, that Vibe work were of public import.
sacs the citerge ought to be more gearral.
My. CANNING said, that there was already a road Ws-
. 'Tlie bridge was ail iodispessable improvement to
▪ the posting and coortysores spun that road.
• $ Mr. BARING said few words.
• Sir H. PARNELL explained the usefulness of the pro.
;'gasses work, wi.l respect to the Irish correspondence.
• Alderman WOODsaid, that the Governiaerit had refused
the smallest assistance fee the improvement of London
Bridge, which ceoldireartily be deemed:of lets public int-
pirtanci thoti a Wide, over the Conway.
• Me. CANNING admitted that there was a differeace be.
'ewers the pores. The 'twinned bridge would facilitate the
conomonleattins of several thousand letters sod packages
Oleg between Euglaod lied Ireland, and thereby prove ad-
vantageous to both countries. He did sot apprehend that
'the worthy Aldermen would be able to prove soy increase of
tamlities for conamoniest ions from either side of the water
. aft the improvement of Loadoto Bridge, thirogh Ins (Mr.
Canotag) was ready to admit that llondoe Bridge was
iety Much to want ref improvement.—The resulutioo was
eagitted to. •
Mr. CANNING moved, that an additional charge oa
letters sad pareel• to sod from Ireland *told be made, to
consist of Id. en sloe* letters, and so upwards.
Tie Resulutious were agreed to by the Committee; and the
Report was brought up and ordered to be received to-
inorrob.
Me. Alderman WOOD presented • Petition from the hi.
habitants of Chippenham, Wilts, evilest the Holies on
fOrpign Wool.—Urdered to be printed.
,Mr. G. BENN ETF gave notice for the 17th May, that be
Wobld submit a
deuce of Parliament. He said his measure would be better.
browns by the title • Place Bill •
The further consideration of the Report on the Coast?
Coatis Bill was pat off till to-imerro•.
'l'be furthereoesidersi,on of the Scotch Court of Session
11111 was positioned till Friday.
AFRICAN COM PA N ICS SERVANTS COIIPENSATION''
KILL. • .
The House reso!veil itself limo Committee on this Bill.
Mr. H. G. BEN N LTT objected to the clause fur grawieg
wrinkles as • etraspemaattou to persons holding °Mims in
the Forts in Africa, which might be reduced. In support
of Lia. ultjection the lloaourable Member read an extract
from • Report of • Committee, which, in remarking upon
tishjelet of coanpensatiene to persons holding ullkvs, on
sited. redaction, stated, that such offices barring been fungi-
*Ey instituted fur the public benefit aid service, sad set
ib,,flyff the eta donseirt of tire irobriduals, the holders of them,
vilienerer the public service should requite their tliscontimu-
trace, could Late Ito thorn to may reoreueratiou for the lose
of their einoirriment on their reduction.
Mr. GOV LBURN supported the great, • and contended
thin • great barrio' would still be effected by the &bonitos
of fuse offices. He thought the principle of the Ilosoara-
ideUeuileiaati's oppssittoo rather singular. These pinions
144 Per a eerie. of years been discharging the ditties of
ofilkei f•V the pahlie benefit, as awed by the Hoisosinsble
- Gentleman* and now wises ilreir esertioati were no loner
acquired for the public Sas/Vitt'e be week& have them loped
whirl at seer, witinart soy further rellill•efilijUll for *soft
'Siete they lave reidered, probably ea the risk of their Jilin,
• 'awaits the twin ether constitutional in au iabespfiabli cli-
rt
mate.
Mr. RUNE said, Ms ilaseaaabti Primes west

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Commitsre/ttentsiee, evorlime •441tissoolnielieetts Om
Coosolfdosi ad, who* ter 41elleieney of that bind arm*
amootted toX100.1M•f; Ile cowl/ rat ersomet tri OW
clime 'also se smarodmeat were ierredeeea that Ola eosin'
sateen& of the pawn" te reersivefeompoloado• Avails
laid before the Noose.
Mr. GORDON meoported lire views of * Has. Nemberis
forlbrerrsbery and Alitedrei.
Aber • few weeds from Mr. GOVISMiIik lad Mr.'
IMYTHIL-- 4 ai4., '
Mr. H. G. BENNOTr mom*, masentralMviot Slabs
clam" the "rowels seam shall lir esibsillarardeellsiallpt
sad onsalissivety slimed tuttiittero doll leme bre, Salt
Isla bilbtb l'srlisieterititad a 'is doswareadlw.
bl r. IVIDON dissisaid, fortssh 5
IsMistlelelbblif
establidief for pronmittaw civilisation elorielloluity tor.
AMU; let Impel wiins the arowtraliontra• *We ettool throbs
thasnwalliersoatiessaa moat/ My lisforotba Nooses *Me
mint ef.Obrowarroas made* that easeediesg:
Ile. bol3l.llUltil mid, arsaftropeapp:sexptitalsk
' if the Sisrlisiaes OW isisdnielim.
• Mr. HAL 11111*4111.111 astrai, by weefiirdsd;;lews'
foe slorGoierameratef lirere.Lessieweverwareettb?
, Ile, GOULIIIIRII,reotted, *Miro as. sioreial Aeteaf Pao.
lissiesf tbe Guyanese and Conseil were vested with sanctity
to wake loins for die regntlatisia of the oeuleemout;
• Hr. 111-. eV liflt Wad It skald he .Jell imoilerlltood that
theoneat vireo sat provision *old be made he tie porous-
. tionot the Meer Thee.
Ile several eleellee were OMB word as. sad- the Repeal
itas'ordleed to be brow& up to. 11•3410 W. .
. ...
• BM. Clint PitilllENTlLati. ;
• The Order of the Day for the Howse. samielligt
itself into a CotsiMitee on the Beek Cosh Pay 4
mesas Bill was read- •
On the motion for the SPitaltiler leaving the
"'Chair:—
'Ms. Shame raw.- and aid he hire Na ose"
intended ter mows* inereardeis tvi An Ceissesitteo.
' tiViettaider what-eirerotiow it . slight be peeper to
bake in the presisiessa of thi Act of the ogtit
. Geo; 111f.•eape 49; with a view to relieving the
' penesure whit% had hewn produced ht the attempt
YartiArry them into effect; hot it tumid, oeetareed in
)Stir that a Committee- of'she whole House 'wee iN
' Waisted for each aw iotptiry, it improved to his se
be a better memo irr mere Hie appwintentont wf di
, Select Committee-. fee** "pnrpseeeof reetieeiderivet
the whole gaieties • difkiht -clorrester sit stairs.
Haring on a ranee eventing stilted his alpinism an
this @tibiae st nsuolvisiorlv, he shisekl! owstctietelth
Abe' Hoene, 4onsr.ien • Ike preset* eeeesissili"Olt
elkeseillselbe AP sensed/4 the poets' haw bid Mill
tOpplead—tipitir Looking• thromereatt the eti
kilideas, so class of moiety timid be felted at
Imitit distress in a rester or less degree af-
Seder! ell ; hut it. was pressing with "mealier
severity ut this moment eon 'the orkstatella
interest, to which taw peesibi Oil, of oversee,' appeared
M yet to be foreseen, het ite some rte ewe which
ihdillit rise the price of produce herbed what the
other interests of the cornirretrity meld afford. The
main cause of these distresses appeared lo him to
be in the liberalists of the rerreney. His Hon.
Friewd behind hire (Mr. Ricardo) these* the dif.
fereuee was one not worth consickratiowi—set more
than five or rig per cetit.,; to him, haweyet, it ap-
-reiNed to be really bryend that manned, and to
MI fin le short of 39 or 33 per cent. lifOristlemen
-thought that the difficulties in the tray of the ope-
ration of the
,Act of 59 Geo. 111. were of* nature
easily to he overcome—if they ',weight the collies
of the present difficulties were not deep-tooted. bet
would shortly work their own cure, he could not
expect them to yield-easily to his tuotiosSe for he
most admit tbatit was most important to touch this
• subject us tenderly as passible. Parliament had
solar years arvi adopted a resatletion that the cur-
Miley had suffered no depreciation. but it. 1818 it
discovered that revolution to have beets founded on
an erroneous principle, and adopted a measure for
restoring the currency to ifs former standard, the
-operation of which upon 'these who hod reed upon
the faith of the previous rdinduttosi. wag se reduce
them to a most perilous slots, nearly otipttsching
to ruin. There was hardly a rowdy ire England in
which were not to be seen farmers pressed to the
ground by the wes.glit of controcra, which the al-
't
-talon in the currency rendered, them) unable to
keep. If this had been the result of overtrodintg on
the part of the farmer. be should here thought
it n 4 tittle entitled to relief as overinding of tiny
other kind; hut if, as appeared to hint to he the
case, it had , bees. produced by reliance en the cc.
solution and the sabsequent Act of the Pinhanient,
he could not but think they had • claim mews the
Legislature for relief. There were venous rouses
%shad' might °cession II variation in the price of com-
modities ; but when they found that a corresponding
lisle or fell took place iii the pi ice of all articles with-
gait exception, it was a proof of air altemilon iu the
AtirOadard by Ithichrbey Wife humoured. The present
low 'nice of corn was a grievance to the farmer; but
corn, as compered with all other commodities, such
as leather. Irmo. ate. was nearly in the same slate as
toeless;; therefore the verierel depression was to be
attributed to the 'thermion of the currency. Gen-
tlemen might' say, ' All this is very true i' but
then there is uo remedy but a retina to the
depreciried elate of the .cu Remy." He, however,
thought otherwise. Tile currency having fee a
long comb, el )ears been • in a depseciated Mate,
dating skid) contracts of every kind were moored
jute, and rogsgenients made, whenever say alter.
anon• was nude with a view of restoring she ear-
rency to its ancient standard, justice required stud
the rite of each commie's .ebuttld be ma stapileted
as to conform to what Irma berm • in the. 111.114.- a •
-Ilse par liar el this nose wisest they were atones Per
to 1797, gold sod oideer iosorly funned the stied.-
aril .of this tourney ; , void at the rate 'if I
31. 17;. Witt. and, sits**. at ss. ltd. per a ...i
Child now -reoriented at 'the soma rate, bet the • ,
Ter rorrencutspel been reduced Is 4s. 110140
a sidereacr of shout 7 pct.cent. He gook ..

IN lower trig Prices tishistlismows.... ._ _
how indiseed by: the; admen, they have vaPrri•
diet in• the mitre of messiy., to* withhold their
eitelift•nntil the 'lamina! ifikmiut of the prices shall '
lb. reduced to a kali correepouding with That ad- .
mese.. Altheugh - more
Yfale°l4ll ti toast Gentlemen in• the ostset, -his-
belie of the difticeltiee.in the way of a return to.
the ancient studied; ye he was .110•0 eoaviuced
diet 'Tile had staidly *ursekrvalued them ; he ma
' momittorl indeed Oat it maid suit he effected with-
mat "stating the rattail injostiee in its effects
esirro pro-reistiog comiaels, He, therefore, felt
in impressed •viltb tficeeteasity of re-eaainiii-
rdit I. gletaiith hi ell' Pe bearings, and no time
i esmlkpn Skil be litt4foi-ihe re-examination as the
pretest; 'became. if •theT waited another year,
the iniostiost *said be still greeter in its oddi-
timid steels Span oil contracts entered into in
. the mean time. The Chauceltor of the lixclieguer
might' congratulate Nosed" on the stability of thgi,
! 'crease, but if be thought his present system or
' anewe mold he ioniatained under a eeriation
11iN carreney, be Could assure that Right
' Osestlensan he as reetly mistaken. He
defiled by moving—
,i
0 That'll DPhil' Committee be appointed formatter do
provisions of the aet of by fleeces 111. car. 49. set. I*
report their opiates, whether say sad what alteratiew sighs
ha *whit he them, with a view to &Deviating thiltreantre
which they have rathaseg faint are still prodeeirig.".
Mr., Anwason mended iho motion. lie caid
the Hews could iset be ignomet of the wit
change that hos oaken place in the country,
knew of no other come to which that could bit
towed, sinless the circulating medium: amid the
standard of value which we oarselves have intro-
doted. Verities *Osamu have been entertained as to
the extent of the depreeiation ; but it has affected
the whole country—sericulture manufactures,
tied commerce, have bees all affected; and it was
abased to attribute it to some eaissos.to which it
has beenascribed, namely, a superabundant harvest,
and the inspiselosion from Ireland. •It therefore
became the duty of the Home to euter into an
entire iuvestigatiess pf the case, and, to dispel that
obscurity and ibiordity in- which it. firs been
eloweinped.—(Cries of leHear, hear, hear.")—
It would not be considered that he meant any dis-
respect to the Giantesses who mosposed the Com-
mittee in 1819, when he said that much had bees
left undone by them, and it therefore bemose the
duty of the House is do it now. The standard of
-value has been slimed of late in every wafter—
one time it is raised, another time lowered. In
fact. there were no means by which it could be
varied, left undone, or at least unattesnoted ; end
wheishas it bees that Government naderstoed the
importance of the measures they undertook. when
they tempered with the standard of money ?-.
They gave ns a standard of one day to meet
the engagensems of another. To this cause
the disirtases of the farmer, merchant. and nos-
nofectoret, may till be traced—to this 'bikini they
are all determinable...../Hear, hear.)—lt has bests
staled that the reduction of circulation has been
occasioned by the fall of prices. This is not the
.ease, for the reduction of circulation mast always
eversion the fall of prices. This, in fact, was so
411111-evideatt that he was ashamed to occopy the
*Me of the House on it. He would, however,
trod a passage from a celebrated author, Mr.
foodie.—[The Hon. Member theu read on extract
•isina .Locke, which stated that the removal of
oesitey from any country must always occasion u fall
,_
_llliPtites.]—This is precisely whet this country has
littperiesiced. Have we not witnessed a proposition
this House to hand over • part of the laud to the
landholder, and du we not also know there is a dupe-
maim, in the runner to take/ liberties with the fund-
lbaklrr ? Stich a state of things cannot exist ; it is a
'Most dangerous thing to set one part of the people
Amaiost the other. Let the Government give back
to the country that standard of value in which the
AMA has bees. contracted, the taxes imposed, the
hordes.. of the country and all the ey eirgage-
')lterits hive been founded, and a ditirrailerailrie por-
oil of the distresses of the country will be re.
moved.— ( Heur, hear.)
44' The CHANCELLOR of the EXCHEQUER said, he
I,b/4 been reproached from year to year for having
Heihrhiked the return to cash payment., and persever-
ing in a system which hail beeta represented as re-
juitous to the commercial interests, and fatal to
•itre prosperity of the country; and that eight be
was called upon to pursue a different course, and
,igtetticipally to accommodate the standard of value
i.dtsi that times in winch engagements had been en-
tired into; Now he shooks be very glad to know
/Ibitru the advocates of this course what standard
lAioty would propose? Was it the wandard of
1797 they preferred ? Surely then, as there were
many private debts (for he would not now speak
diof the public debt) contracted before 1797, still
juppaid, secluding to their own vrinciples the adop.
lion of that standard would be a most flagrant act
elk injustice. There's., so period when engage-
.rognita were not entered into, subject to the return
Utlessla payments. The ultimate return was loudly
Allanianded by every statesman in the country, al-
.sheasigit some difference of opinion might exist alt to
eh, people period fur so doing. The Act of 1819
is -riow a year in operation, and to recede and Venice
our steps would, in his opinion, be not only child-
ish, but au act of injustice to every engagement
that has been entered into. He saw no other course
taw pursue but that which has been pointed out by
*Parliament. The Hoh.illember for Tsunton (Mr.
41204) has not prelim* to•pledge the Parliament
. opt esteesitre, betook% a •tiosederable degree

try • .. _
all the dimmers of the country. How from the tow
prices'. This he admitted in a great' measure wits
the case, but it was : not couliiied to thii country.
Look to America and various other countries.
•Thereforeit could Doe be attributed to the mea-
sure of 1819. or any other measures of this country.
There 'num be mme more extensive cause fur this
general evil. He thoughtdist the sudden cessation
of war contributed nasinly,to produce this effect,
, end he imagined there was not OP much stress as
there should be laid upon the two greet superabund-
ant harvests; foe, of course, the greater the prodacel.
the lower the prices must be. These, however,
only affected colliterally the immediate question
before the House. The' question for the House
now to consider was, whether we were regain to re-
• trace our steps, and throw ourselveir,
.aniong the
troubled end stormy waves of a fl actuating curreney ? ,
t if we were now to do so, there would he no respect '
I paid to our proceedings ; an Act of Parliament
would have no authority. This Act is now two
i years in operation, all the effects cuntemplated have
been produced, and ishould we now du it away, the
consequence must be to alienate the confidence of
. the people from the proceedings of that House.—
, (Hear, hear.)
Mr. PAccoa Gagovatt. said, he must take the
liberty of saying, that the motion of his Hon.
Friend (Mr. Boring) was aathiog more nor leer
than a complete subversion of the 89th of the late
King, and of all the principles laid down by the
Committee appointed by that House. On a sub-
ject which had been so repeatedly rud 'so ably die-
cursed, be would not then occupy the time of the
House, and he trusted the question rested on too
firm a basis to be affected either by the motion of
the Hon. Member fur Taunton (Mr. Baring), or
any other attack that might he made on it. He
had not only to allude to what had fallen trout that
Hou. Gentleman to-uight, but oleo his sentiments
on former occasions, and he really could not help
feeling some surprise at the contradictions that sp.
peered between his principles and his-practice. He
told us one former occasiou that he considered any
deviation in the currency. a great national evil, and
that great distress had been brought upon the country
in consequence of tampering with the currency of the
country. These sentiments he (Mr. Greefell) heard
with delight ; but it would seem bit opintoes are
now quite differout. he wishes to have the entire
question referred to a Committee, to set the whole
metier once more afloat to disturb the prieciples
that hare been settled, and to replange the enuntry
into all the misfortunes from which the la endeavour-
ing tu extricate herself.—(fleue, hear).—lle mould
net occupy the House longer, but be thought the
opinions of the lion. Gentleman quitetaconstettut.
—(Herr, hear.)
Mr. Morece thought the present distress* s of
the country might all be referred to an artificial
. system ; they Now directly from Acts of Parlia-
ment, and in the bands of Parliament was the re-
medy to be fossod.• It might, in fact. be summed
up is a kw words—it is ail occasioned by an in-
tolerable and excessive taxation, and a sudden re-
turn from an artificial to a sound and perumerait
enrrency.—(Hear, • hear.)—Of all the measures
that affect the interests of the country, none cer-
taiuly can be of more impoitance than the prtseut. '
He conceived it Imagine the imperative duty of
the House to taro their attention to the gorse
lion, for nothing could be more absurd than the
arguments advanced by the Government. About •
' ten years ago they induced the House to come to
that disgraceful resolution, that the pound ia paper
end the pound in gold should be of precisely
the saute value; and they made it highly penal to
take AI guinea at a higher value than the paper
pound. Yet it was most extraordinary that ut this
very period guineas were stlhug in the open market
' for DO. ; and what was still more surprising.
1 Minisiels themselves actually purchased some of
these guineas at Via. iu send abroad to the Peninsula;
so that to this cam the law makers were the law
breakers. Ile was ready to prove the charge if it
was dewed, for he hail a conversation with a person '
within these three days who hail hero actually rut- '
ployed by theM. The House could nut be
' of the alarming extent of the distresses of the
people. Depreciation in • country always first af-
fects the commodities before it affects the•gold and
silver. When a large issue of paper in any country
' takes place; it 'drives away the gold to foreign '
markets;. and he much feared the operation
of this depreciation iti the paper curie:icy has
I been carried to a serious extent. He would
take France, for instance, a country rich iu every
thing ; rich in the talents, the industry, and
the ingenuity of its inhabitauts—bs, above all,
rich in a sound metallic currency. which is gene-
rally estimated at about • ty millions ; he would
suppose that it* some evil hour they had imitated
our example, the consequence must be that the
money would be drained out of the cousory, and in
all the snag kets of Europe u colisidera)le deprecia-
tion must take place. This was the theme, on '
which he founded his argument, and he consider-
ed it quite conformable tu practice. Nothing could
•`be more fallacious than the arguments that were
;raced against it, particularly those of the Hon.
her tor Portarliugton (Mr. Ricardo), whose
sentinionts he always ' listened • to with the
' greatest satisfaction. But he only viewed one side
of the question. He seemed to fall into the sante
'error as the Bank Director, who leaves all the
country books out of bis consideration. But ally
one at all acquainted with the state of country
I batiks moat know that if the price of corn falls
*their circulation must be diminished, and he
would state a ' most marvellous case to illus-

—Mew
~ \ •.
.. ‘ •
. .
etigetieliV:46lo ISIS llt t amount of
ty for emnstry banks -lamented to
in 1819. it was reduced to 1110.0001. ;
there was the enormous redaction to
sod surely when we now return to cash
there will be a greater demand for gold
there was at eery firmer posies& We-
the Bank of England circulates at
notes twenty-three millions; we will
country banks at fifteen, aud• Ireland
_otlaud at twelve, making in the whole
millions. if; tires, every. Bunk- note may
converted into gold, what most be the eater-.
' The Batik of 'Engliord, of Coarse, that
perhaps, its coMrs 'filled, Or well knows
to lied gold, will have uo difficulty in meet-
demands. But how are the country
menage, that have list, perhaps, one
_a pounds to gold ? He did not mesa to say
they were insolvent, but he knew the difficulties
they would be put to. They had no other way of
inueuring goldtbria by selling their Exchequer tells.
thew stock, and all other convertible cremnsodltier.
The cowry esice must be that stocks will immediately
fall, and gold must he orrehased eta great sacrifice.
\Vitae. then, would be the effect on prices ? England,
the dearest country in Europe, would then become
the cheapest, but will the highest taxed.--(Hear.)
—He had already spoken of the possible, new ha
would say a few words on the probable demand for
gold. 'Ehere were in the first Mosinee many. good
,people who longed to feast their eyes. ou.guld
guineas, who would, of course.. be almost to pro-
cure them. The great capitalists were nemeasore
numerous than now; they would look to their
own interest, for they all' know there is no kind of
commerce more profitable than dealing iii money..
But there was a still greater cause thou this. There
was a great degree of malevolence existed in this
country, and there were many who would de-
mised gold merely for the sake of doing mischief.
There was a great patty le the country actually at
war with the Home of Common., and who know
that the best way to effect their object is not by
smacking the Horse-Guards, but the Exchequer.
lie was aware that the measure of the Hon. Gentle-
man (Mr. Baring) could not give very exteneve re-
lief, still it should be adopted ; for so part were
the difficulties in which we were involved, that it
would require all the energies of the Country and
•
the Parliament to extricate them.—(Hear.)
Mr. RiceaDo said he never had stated that mo-
ney had varied only 3 per cent. He begged to re-
eel to the Hones what it was he had recommended
i .
.us 1819 ; it was a measure which, had the Bank
Directors followed leis advice, so far from buying'
gold, they would have sold, and had it been adopt-
ed then. the whole alteration its the value of inotiey
would hare been only 3 per rent. According to
the supposition of the Hun. Member for Reading,
if France substituted a paper currency for the go
millions metallic currency which she laid in cir-
culation. that metallic currency so forced out of
circulation would be absorbed by the rest of Eu.
rope, and operate a reduction in the price of gold,
and raise the price of all other commodities. He
agreed that would be the case ; but suppose that •
France were suddenly to revert to her metallic
currency, would she not again raise in the Eu.
ropetes market she value of gold ? and might
it not be said in this country that loans were
raised in currency of one value, and the in.
fewest paid in another? Indeed all the com-
plaint. which he had heard that evening were
against the vitiations in the metals themselves,
flrern which nothing could protect 1111111. Uln
delibiedly it was true, as the Hououmble Member
for Callitigton had stated, that when a resumption
it Mb payments was recommended, a fell of four
sf, five per cent, was effected on all commodities.—'
That undoubtedly was the ruse, and was-foreseeir
at the tone; yet the measure was recommended
as the brat that could be adopted under all the
. circumstances. The Hon. Member for Tomato° spoke
if the silver currency, es if the adoption of gold
for a standard was a modern measure, wherein, up
isr the period of 1798, both metals were a legal
tender. The Chancellor of the Exchequer wan
under a mistake when he stated that Liver was
a legal tender to the amount of 23/. It was is
' the degraded currency that ro greater sees them
that could he paid; but the Mint was Premed to
any one who choose to send silver to he corned,
and a debt of 100,0001. might hare been liquidated
is new silver coin. Undoubtedly, in practice, gold
was the metal in which payments were made, be-
muse it was the interest of debtors to carry gull to
Ilk Mini, and not silver; but a chinge its the relative
*fuer of the two metals took place in 1798. and then
a large quantity of silver was carried to the Mint,
and if Governmeut had not interfered u change
would have taken place in our currency, and net a
-genie* would have remained in eirculatiou. But
what did the Government then do ? Aware of the
degraded state of the silver curt-tile), sud the in-
Convenience resulting from having two qualities at
mice to circulation, an Order of Council wes issued
to prevent the coinage, and the bullion was ac-
tually returned front the Mint to those who had
rent it—my, he believed en Act of Parliament was
obtained to legalise the refusal. Now lie asked
whether in effect gold had not at that time become
the standard of the country ? This therefore was
not a new measure ; gold was then and is itow the
sturiderd. The Member for Taunton assumed that
gold had siren, but that was only an a.suniptioil.
fur when two commodities vary iii price, hew could
he say which bad risen nod which had hake ?
%%lieu that Hon. Member was examined before
the Bank Committee lie recommended one metal
for the staidard, and that metal to be gold.
[ Ehe Hon. Member here read an extract from the
printed minutes of Mr. Baring's eviderice.j...ln
that evidence he had stated that silver varied only
one per cent.; but he now came forward with a
propositiou grounded on the variation of the metals
themselves. and stated the difference at between
four and live per cent. Again, in that evideuce
the lion. Member had stated his objection to
silver, as beteg more subject to fluctuation in
value. from the increased quantity to be expected
' from the American mines. The Hoe. Member re-
poached hum as a theorist ; but lie also had theo-
ries, and changeable ones too; he also had bad
thoughts of putting the currency into that state
of perfection which be now disclaimed. He
was sorry that he had lost her support ; he now
stied the dangers arising from uncertainty in the
currency, and yet he came down again to agitate

!-",
,4 ) fitOun'air common, Senn, ill
---
, • ,
r 'Vile SPEAKER Web Hie Clair at the sat
: Ur. B. SISITH movid, that the Ilberl-h
s t im
I ' aterndod Abe on the Redo* • l=
to sigma the illiddlenesQoametriessiese
of Ribbons bass before dia 'Committee. he II
Vatidellerao a.Wiellorptdoey...-IAIIIWI
W. LEMON -.saute! a Petition In
Solders of.the Costal, ef teguiridi, pray* lb
' . Nan latoelid le Isar and tbd fits
•' i , ' "tW6S , lifilinii; ii
' I ilsMlClN'estioft eflb• Now TI
• slide poipokfer • Meduelllte at Time, and
' Reform of,Arliaemnt. ' t
We. TR .4)741C raiiiirae* Obi Petitleo,
' ordered to be ptlofed:
i . '•• • • • Mt.' saucy pritstilid^Pebiline fine( Ras
- - • NtrAltillaur, Mismievi ; . antibmelwidgei•Ciestiee
, ... ..
•,72 for% repeals! the duties as Pereira WIllli,•41
lr., swrit.
A: ' r: F. 1111.111tIN gmui • notice, that se Wi
li•L'f:. bah hut. he would sishatit• mothers os the anti
_.• '4. - India, of widows honks thasserrei es the Isis
thelthersheade.
'l',
Mr. TRIIIIAYPIE preeented Ater Petitions
wail complehd 4ag
.. Mvieslinral .41settem.
OW Consositen ea AmmeNore.
Chptall warns. 'relented • Petition***
. ,
-111111Akbilailtaldy.aggisel aliy ablivielea •If I
Ilioraratil•bera—Oniseral tis be. ps i Mid.
MI L_. H.. BLAIR petneu•sal a %lithos from tl
. torst ii Sdishurgii, restyle' to be lowed
li the Scotch Court of &seism Bill.-0
prilittd.
Ili. /'AWING preerated a Petition fittbs tb
"thailta, Ilioteeta et hooded grails, of Diedite,
utteraties of the Coro Laws which might WE
OW average, A. far as his opiaion "teat, he w,
• • Ask-lion in the remain 818, so fir as the p
. ' Valid wed; bet bored that he einikd NA WI
'Mill meld hi twill ut I. aey way detectible.
k ..... Mr. T. WI Miff prieenaod' a AMMO : Polll
. s Maggioulis •asil Cora Feetara.laspertere alai C
i Feelign Cato, la the City,( louden,—Refers
"mldithe foregoing. loth* Agriessitelal Commit
.• Mi. T. WILSON preeklES ireiltietsa&l
"fee
`so Petit,* l, from the Clushiees, Wee&so
ltrakplimiegmeit, sat she City if Lestalor. 'Fhb H
voile maw statement to she. the pernicious
slisityeel Tax eh the Wetlets Illsealictorets.
Mr. BARING wit, that if the Howse did I
•
t 'the Petitioas old the subject of the Wool Tax,
'leas 'my likely to lose the Woollen blassufat
Nor.
Mr. HUSKISSON said that theta: wee not
the Woollen Massefgetoreet.
Mr. 'BARING said a few words, and the
Laid oe the sable.
NEWINGTON VESTRY BILL
Mr. 11. SUMN Fit moved fur the re•appuise
;7 "arnsinistee us she Newitigies Yesityltill.
k Shea dummies armee us the googlies' Loh
.At Creimittee eless4 he immediately allowed
Ihree days soiree shield be gives. Is this dim
•ir. iletimeti, Mr. Vikings, It R. Wilma', Sir I
piggy; Mr. II Sosilei,. swill letiose Mogi, ii
~ I . Tbe IN EIMER reeoussisesded shut, slider
esotetagiees the Committee should sit iis Wean!
arras ultimately decided on. • „ ,
CONWAY BRIDGE BILL
Mr. CANNING tarred the • Order of this J
Mouse resolving itself Nile sr Coassaittee 64 1
/lariats Bilt.—Thr Heine "eel Me Comatittee.
Mr. T. COURTENAY not the goestion I
40. i OW. out of the Conaglidawel Food.
• ~.. - Air. WA RRE and. Mr. RARING required I
nation on the soiled heroic they weeld vote sus
. • Mr.. CANNING said that the tr/u.re lied'
At.
het °moraine's, sod that she al
" to meet advaategn after Wises,/
41704-
Mr. GRENFELL said, that nothing...owe m
• ;est uselsl be more desirable shah she proposed br
• .
• Some further fonvirsatios ince oh the itiport
11 Migaser., is sibieli Mr. Baring, Mr. J. Smith, Mr:
Mr. Castello& Mr.. Abeterumhy, Mr. Huskies
F. Campbell,. took pars.
Mr, HUME root, sot mascot to allow the m
, 'the CunioLaated Fund, as the House were *et
- •
0 'et See the IleCol.lll 1,11 it afterwards.. Me prefer
.
! , alloesere to aid by Exelatguer Bins sboold be 1
• parties mid istertsted.
1 Mr. HUsKIssoN said, that the account we.
-?ature lie Roost. out only of the wort itself.

r our. UV MA RIO, ISlMplialllW !MINTS "VOWS vt t) dollerettcr 01 stout 7 pet cent. He gesoeudod 1• to any Immure, bet 'With cous-ideroble degree of 1 would
I'-
•

• v6=l% '..' -rvgtr!rmrwwgF-Tr--_--.------ --,--- -41opimpo
. .
.../•••.
.
- -
- . i•-A,,, •
, .
ea v • .
. . lai. */ • ' (wishes
lidullrair common, NM" Autalb. leas le al., • • . ' it, ; • ,4..e41. to sub • t -, - • itin .4
•--New• • ar -ii 4 • - . --.. • . I dli 101 * e 4 / .. 'V
--.. all I 6 , Hoe. : - amp duty
Nile STRAKER Web die ChM at tee seed bear. , tea yeas a 4r: • ' 10-
vi: .4" '4 . • -' . • x•i
'I - t I . t VII b '
• ,r,..„ isud i.. k ' ' 1 wishes to' I. . . • 1.160,0001. ;in
VIE. lt. SMITH swevid, West the Ibeet-bese Writer elm ends! ,: .-
.._1 • ''' '. -_ - • soma' • ' - -',. j t . 'the '.. • •• skip of drpr it lefich ' said in Into.
' atemeed the Comesialse es NMI Ha« an*., be affeared by des • ' - , '''' - . - .
__, ' ...•-• .
•es admit the Ilildhessuctesneriresisee willi lbw Milder hod Wm hot ' alb . i IIIIWI
- - doting the war. He thought it was 11-meet ruinous 84,0001. ;so
of Betimes team before tbe 'Clamminee. be lbe.auraise el esersleleVriald, dievetwo. me. • Amid gene is set • I forsedietely follow the sptees to mix op silver with the gold ear. poypente the
Wbeitic %clime!, twielferpedury..-demeripaneek_,- _ • tbrflowrialerwseseeleelle- • -- • talll.llllllkir , ors ortiwq; iiiini- -imieWitieFtti-mesifver- a tress tender;- Vert, than ever tb
Wr A. klallOW yeeesishd s Petition ben lhe Vrve• * tvhsve WV enema such '=dbe ass* 1* ur "piker edilobmblo .aidarliiii &tied. oftet it., Imam the par 1721 to 1764 or 176.3, ,tilver had will suppose
Islam et as Comely seesawed!, prey* Ibolbosso Jowled, awl to lam Avis was if abodlassiasee,
er Wooer* rake the cm ey say.iipeeke iitlebow been a ;evil tender to guy seno_unt.
_lt was then present iu r
• be reseed to ter sad thd fie Bo was swissasjutousibi •
.; , - - •
....koilii, wlgwai . .iaruiranirome. Inuriattopotiohubriteitt.coulltg, sr , lthlitlit to' 25. moms. Twe lion. Meister rot I take the co
**dee . 1111 b. Wellwvt Tim Palidilliate dlleballiva ale eleilllsiesSlV 'II Illeilii II sail by bin work in ihdld.6idii,did• wring wig row Tainitots (Mt. Boring) stated; that the .dpptiou of and Scotism
• able seiped-fee • Ilkellessbe of lime, smit a sempiersi• , or nosily lyserv,•le le • sibliete.- IliVemenustee' WWI to forty shillings -a week._ i midi or wages• silver would egret a relief of 7 per east. He filly: million'
• itelarso okgliourmo. , hmemo of the maseammoishal •lbsi. WON. OW hill'ests t *Melt certainly es mot kit-coderan increase in the wools, out mites • into. a mere fractions, considers- he converted
11i. fut Aims
.usaipiesaid She Midge, ebbe wag ears, vs. • esswisprima we, adt she after steals dime. ,ase orit ..
Sat the labourer cosset be.redee- ties, bat weed view bit •
iter general principles ; quelice ? TI
ordered so las ptlaled: tioisary power la do Cl•simpose. i AwAbog assead et ob., "'
• • Mt: ATM' pelistiaidrio•biiko hand Rodtitut. WOW; jetties 'witli fhb Wm. tier Sbedirgenne Ariel so i• ed-4.-te:etZt wages. become he besbeeu so long and he. believed it was universally admitted by has. perhaps
miskiaava. aosisvit.
aadvawipieri.o,46o,o6,,, 0,1,715 e ot the couseasomdlimit. loid aim. ii.d.bod gad • neigoinpodeti falba desk, idifirhe is gristly dieters*. all those who had ever turned their thoughts whore to find
few% repealed dee denim eie remise Wost--(tvesved so be mrprhe lbei iblreheiseseir'ellw the 111fichequer aelilli'lle sd. The • thstres• willea,..ill cease hits to hike to the question, that a standard at owe value itog the den
for led ihno.one oihniipta Mow mit to iria theough raw beset: a kin" dmi dosed be
,‘„„,wia &bast bi the was infinitely mesa adrontogeoas in any coon- banks to m
for• F• liktiritlN lion • "tic% that " W• 41.14.7 lINI 110' "Is driwilled4f 461". a. liikal. *4 billnigh".l necessities dr the ondatede,'' • -7--.---frois being . cautioned try • thee a env ate of mealy. It has beam stated thousand pun
isti km. he would submit • maim we threesome is British Commies'° fltai ereMee, merles edialtbewiellellewl es file
• boas,
of widows. bongos thsoossms so the &meat per, of coamagiosi-p,„4, wow, tdis arkdistiraithed.read di,,,,dd to lower his pekes tobiseustosams. who shall have all she distreseim of dm country. Sow from the tow thry were ins