The British Press; or, Morning Literary Advertiser.
London, England, 1809-04-19 00:00:00

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strongly tiro the doing away the, name es 7
etchangerand putting an end to its Calculation, by'
roped:ling the milk* of acconut, and monies of
ettokilatifois in both countries, and the fixing the fu-
ture interchange by hills at a stated dumber of dam
adequate to defray the expense of remitting at all
times, so as fully to adopt the same practice which
prevails between Edinhorgh and 1./niches, and be-
tween Liverpool owl .;oinatittee
further soy" Before your Coinniittee quit the VA
jret of Exchange, they w.sh to observe, that if their
inquiries have failed in enabling then) to proir.ate
any effectaal remedy, still a remedy ought to he
sought for, by the wisdom of the 4i mac, for that a
great country, now placed as Iraland is, limier the
Caine legislature with England ; 'forming a consti-
tuent part of the United Empire Novelly as Eng-
land, or any county in Esogluiorl doe', its metro-
polis, not so far distant from Londo), mouthy part of
Scotland ; Newcastle, Carlisle, or I /stripe!), shatild
Meow in its pecuniary intercourse with England,
yonder a constant varying exchange, which the others
are free from, is a position so strange, that your
ninittee catmint believe it to be founded in the
tit Weals nature of things.. But the strongest
illastratiou of the policy of an RS'4111111!0011, is
what passed when the Union of England and
Scotland to ok abice. At that Limo there existed
a difference , it, the currencies of those coon-
• tries, exaetly similar to the 'lnference in the Eire,-
Leh and Irish tei:reacies ; the Eughsli shilling am.
current in Scotland fur 13 Scotch pence, and ex-
change was eleven to twelve per cent against Scot-
land. The getting rid of this difference, and of
this exchange, was held to laa en object of so snitch
coolowerieoice, that a specific article of the Act of
Union was introduced for the purpose. The 16th
Article runs tlitts" that front mid after the
Vision, the coin shall be of the seine stall-aril
and value throughout the United Kilogolou,
as now is England. Measures were taken
accordingly ; and it is stated in Horror's His-
tory. that no. eon of inconvenience attended the
alteration, but that, on the contrary, the site of
exchange, which before was eleven or twelve per
Cent. to the rlisadvnetage of Scotland, immediately
came to par. The Honourable Member next
proceeded to state the place by which he proposed
to carry the assimilation of the currenciet into
effect. Until the reign of William 111. the cnr-
renciee were the same, but upon the issuing of the
new silver coinage in his reign, a proclamation was
published ordering the English chilling to be cur-
remit for 13d. The guinea of Et,, lene( war cur-,
rent in Ireland till .1736 for 235.: to that year it
was reduced to 21s. 9d. so as to correspoud in
value with the shilling at 13d. This value of the
shilling is the only difference between the two cur-
rencies, and that being the case, it is plain that
the way to get rid of it is to make the English
shillings use for 12.1. The Report of the Com-
mittee of 1804 points "out this plan ; it stater,
that the equalization of the currency may be ac-
complished, by reeking the copper penny, half-
penny, and &tilting, of England, equally current
in Ireland as the silver shilling and gulden guinea ;
and the Committee recommend this to he done in
preference to issuing a new copper coinage of a
'roam', device or description fur helmet. Yet
the Privy Cvuneil did rut think proper to attend
to this recommendation, but the year following ad-
vised His Majesty to is•lie a copper coinage of a
separate description for Ireland, which advice was
followed. The Hon. Nleraber said. that it had beet,
suggestedtohim, that the assimilation coulJ be.very
easily accomplished by the King's toroclamatiou
being issued. to declare that lad. of this costs, now
current in Ireland, should be equivalent to Is. It
was certainly true, that such a measure would do
the business; but he was averse to any measure
which wonki he liable to the itnpntation of unfair-
ness, and of diminishing the value of private pro-
perty. He should therefore not propose it, but
take up the recommendation of the Committee, to
snake the English copper penny, halfpenny, and
fasthing, current in Ireland. This he would pro-
prroe to do, becauie 12,1. of this coin NHS exuaaly
equal in intrinsic value to 13.1. of the !Psi' coin ; it
having been made, in 18115, with this difference in
valueo-and because a prorlarnattoo, orderitte
shilling to be current for led. it it would not be
unfair, or injure any mati'•J property. In order to
carry this measure ititn re:li, it would be necessary
to cull in the oroppet-voiti now current in Ireland.
There would certainly be some bass to the receiver
on this transaction. As, however, it had been
for more than its value, that loss would be
confined te the expense of making it, and to the
weight lost 'ay the wear of it. The expense of
making it was 431. per ton for the penny pieces,
and 4:41. per tote for the halfpenny and farthing
pieces; and M. per tow for the freight, kr. There
were made 153 tons 01-pennies, and 448 tons of
helfpentiies and farthings; on which, at the above
rates, the expense was 41,3361. But, a great part
of this lose would be made good by the profit that
would attend the issuing of 600 tons of new coin,
if it could be made upon the seine terms mew, se its
1805, the profit on issuing the present coinage being
upwards oflo,oool. But even if a loss does attend
the transaction, it will he very trifling in comparison
with the public benefit that will acrue from it. The
Ilou. Member next adverted to the silver cur-
rerrev of Ireland: if that had continued to be coin-
posed 'f English Miet coin to this day, as it did
till Mot, there would he no difficulty on this head.
As, h r, there was no mint silver now in Ire-
land, but in its place batik tokens of 6s. 2s. 6d.
tod. and ed. value, it became necessary to con-
sake whet was to be mine with them. Those for
us. have been issued by the Bank of Ireland on
their own account, and cent token is a Spanish
dollar newly stamped ; as the dollar is now current
in Ireland for 4‘. Inn. each token passes for 14d.
above its value. There pre in circulation of them
133,3511. The other tokens have been issued by
the Bank, on account of Government. under 45
and as • George 111. By these Acts the token) for
sd. is to contain 1-13th part of a Spanish dollar;
for 10d. it-I:Mks; and for 30d. 6-13ths ; thus giving
to the Spanish dollar the value of ss. 5.1. or 7d.
more than its value. These tokens are a legal ten-
der only in payment of the taxes. The value of
them in circulation is 748,4041. Nothing could be
more at variance with the recommendate n of the
Committee to equallite the currencies than the
plan on which these tokens have been issued, the
sums of 3d. 104. and 30d. Irish not corresponding

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with any intr.:teal slims in English currency. Had
they bete' issued few. hid. 13d. mid 2s. 81t1. they
wo.ild. have citenlated, after the ecLitaliottion, fur
ers. N.!. and 30. As, however. titty Were 111A11Cfi
to serve u temporary purpote, and to atone an op-
portunity for makii.g a new silver comage ; and as
they are, to every respect, so bad a des: Anion of
coin, sad ten a leeal tender, exeryt true case,
lie would !unwire that they eked', he called in,
and that a new silver coinage should be made com-
mon for hotis countries. Ile said for both coun-
ter., because it was undoubtedly tete that Eng-
land *moil in need of such a eteillag.. Mr. Mails-
-field had given it in evidence behire the.< 'ouleittiet.
• of 1804 flout silver was so scarce then in beetlimill
as to bear a preiniutn of per cent.; and it had
become so scarce last year in the manufacter.
nig countite. of England, that paper for
had been cireuleted ; it was, in fact, easily ob-
servable.by every one, that the state of the silver
cote caniert be much worse. All that has been
proposed so far, the litmourable Meinher
mild be accomplished by the Executive Go-
vernment, it would be necessary, however, to
have recourse to Parliament ; in the first place, to
secure the faithful perforniaitee of all controcte, and
guard all piervons alatinst injury by the alteration in
the eterrrencie.. He should propose to declare by
Act of Perhament, that all contracts inatle previous
to the day, 011 which His Majesty should order, by
his proclamation, the its lotion to tlikt: place,
should be coastrited to be for studs of Irish curren-
cy toeless otherwise expressed in the contract ; And
that all contracts made eubseqnent to eon day,
should be for .11144 of British currency, uuless are
otherwise expressed. lie should oleo propose, that
the several banks in Ireland should be prohibited
from issuing paper after that day, for sums of Irish
currency. And that Batik of England paper should
be made a legal tender in Ireland, equally as Batik
of Ireland now is. These were the several meet-
surer which he thought requisite for accemplishing
the assimilation of the currencies, and if adopted,
he trusted, that they would be productive of
great public advantage. He then proceeded to
consider what the opinion of the assimilation
would lie in respect to payments of motley in Ire-
land. hi regard to the money of account, or the
way in which accounts were stated, it would lie
optional to selbere to the mode of stating them
ill Irish currency or not. It certainly would be
more conveuient to state theta iu the currency
which corresponded with the circulating money.—
As to payment made with guineas, &initiates, or
Bank paper, for so emit), guineas, the operation of
making them will let exactly the same, a. it hitterto
has beeu. The guiues will pay IN. 9d. Irish cur-
rency, and he worth 225. 9d. Irish currency, jitst
as usual ; and so the shilling will pay 13d. anti be
worth 13d. Irish currency. A person therefore re-
ceiving or p tyieg his rout or interest money with
them, will receive and pay just as 1111101 and 110
more, isi.th nominally, and wally thaa he has heels
accustomed to do. Payments made with Bank
notes for pounds, or in copper coin, will be. differs.
ently made, not really so, but temsinally ; for though
of the copper coin will pay what 13d. of the
present coin pays, as 11.1. of the new coin will he
worth, intrinsically, 13.1. of the present coin, saki
therefore the difference will not be 3 real one; sw
the pound time for 204. though it will pay what the
present pined note, with Is. ed. pray s, a. the poised
note will be worth twenty of these 12-.. once,, so it
will pay us much as the present pound note with
Is. ed. and the difference will not be a real one ;
and thus, if a landlord receives 1081. 6.. B'l. of Iris
rents, as stated in Irish currency by a note for loud.
he will receive the full valee of his reins, because
he will be able to command with that 1001. as
much gold, silver, or copper-coin, as is intrinsically
worth Wail. tie. rid. or to speak snore scientifically
ant: accurately, he will be able to purchase as mite()
commodities with this 1001. as ho could with 1081.
6s. ed. Irish currency, and for this self-evident
reason, that the alteration in the value 'of a cur-
rency can produce no alteration in the real value
artily commodity ; the real value of all commo-
dities being dependent upon the proportion which
the supply of ,them heals to the &wand, and not
in any degree upon the value of the money with
which they are bought. Mr. Parnell said, that if
he was not fully convinced of the accuracy of this
reatiotiitig, and that the assimilation would pro-
duces no injurious effects of any kind what-
.ever, he would never have proposed it. That
if landlords wore to be injured by it, he had
, inducement to oppose such a measure, and
that he hoped that he would have credit given te,
him for not being a prison in any ways anxious to
take advantage of his tenantry by any sinister mea-
sure. In regard to the time of adopting this plan,
he could conceive none so fit as the present. If it
ought to have been adopted when the I.Tnion took
place, it cannot now be premature, wheu eight
years are gone be, since it did take place. The
exchange was in every respect favourable to the
undertaking. The want of a silver coinage for
both countries was a reason for adopting it now ;
and the eiremustance of the copper coinage of this
country heiug so recently issued, reudered it easy
to extend it to Ireland.—The exchange might be-
come a great obstacle is the way of the measure if
postponed, and such variations might take place in
the price of copper as to make it iinerracticable to
issue a sufficietit quantity of coin like the English .
coin. for Ireland, without ...mut loss. Mr. Parivell
concluded, by saying, that he felt unable to guess
at what urguntents mold be used in npeosing his
motion. lie had acted upon the authority of this
House.. lie had so framed the plan which he pro-
posed, as to render it liable to no objection, as going
to injureany roan's property,and he trusted the douse
would give it their support. If the House should
think proper to resolve itself into a Committee, then
he should submit to the Committee. the following
Resolution : That it is expedient that the coin
of the United Kingdom should be the same stand-
ard and value, as the coin now is in England."
Mr. Forma said, that tl gh he agreed with the
Hon. Gentletnan as to the eligibility of doing away
the exchange between the two couutries, yet he
could not subscribe to the measure which he pro-
posed, as h. did not consider it celettlated to pro-
duce the viol ; even if it were; lie did not know
by what legislative measure they could enforce the
adoption of it. Heinittances, however Riede, twat
be made in money, ~ertoth Wilts were tied up
n* from issuing a gai nd a cettafta '

•
thought it impossilile to put down 6e.llml:sue
altogether—perhigh the most that torM expect
was to prevent the filictuntions is which it was now
subject. The I lon. t ;.•fitfornan recommended that
the hauls of Eqglatod paper .liould he a kgal ten-
der iu !rebind—hut he (11r. sould ask, was
the bank of Ireland paper legal tender here? And
he would warn the House how it would adopt any
mevsure, the coiherpseuces of which might be so
injortotis to the country, as the tosimst of hank
paper a legal tender iu asii part of the kisigdom,
lie must oppose the motion for soing into a Coin-
inittee, all goad could result from it, and reach
injury milliti:o44ibly emus, in the present state of
it the. atttinpt were made without success.
Ahura four years ago, there was scarcely any• cur-
rrin•y in Ireland, but awe to ni there was a suffi-
ciency of silver to aivover all her domestic purposes,
she was also in complete possession of a copper
currency much better than that of Eagfand ; the
amount of her silver currency was ahoi it 1,200.00td.
it 04,000 of chi<ll wee issued by the Bask of Ire-
land In Bank tokens ; there was no halt of the
Irish currency aliquot parts of the English deno-
mination. The lion. Gentleman proposed to call
hi and rearm all this money ; but he had mit stated
what was to be done iu the mean time, or how the
inconvenience of waiting it was recoiniql, was
to obviated. Ike Mr. F.) was aguiust Molding
up to the expoetataosts of the country what was im-
practicable, and therefore lie would oppose the mo-
tion for going Tutu a Cinotnitue.

Mr. o'Hstx said, that the e time of the exchanize
between the two couittnes ...11. that one was iu
debt to the other, ilierincla case, the exchange was
always its favour of that which was the creditor.
Ireland was mach in debt to England.
Mr. Titoaatits said, that he sue a member of
the Committee to Which the Hon. Gentleman had
referred, but when the Committee recommended
the weusures he hail quuled. they had is clew to an`
antecedent measure, which did nut take place.
Mr. Porisosav said, that though he rate'tained
the greatest re:yeet fen• every thing that fell from
his Hon. Friend, who had, upon that occasion, dis-
played great ability and knowledge ; still he was of '
opinion. that his plan would be attended with con-
siderable difficulty, slit was not altogether imprac-
ticable. While the restriotion with respect to the is-
suing of money from the Banks existed, he thought
there was a great ohs:tack to it; 'uor did he think that
the equalization of she coin would produce so great
an effect upon the exchange as the Hon. Gentle-.
man seemed to think. A BM which had been
brought forward by an Hen. Friend of his, the
plusher for Waterford. permitting the export of
con' from Ireland into England. had done snore to
equalise the exchange than all the other cisoss s put
together. Looking forward with hope to she time
when it would be snore praeticable than at present,
he would. if he might presume to advise his lion.
Friend, recommend thut lie would not press the
House to a division upon the question.
M►. D.Gtriov allowed that it weuld be a desir-
able object to assiini!ate the course of exchange,
hut did not think the rseasuie ta:fore thee► calcu-
lated to effect It.
Mr. PAP
self

114 A theille *Wished to set him-
. right in the conception of the House. ni a few
parts of his statement, in which he had beeu
mis-
apprehended. He was always aware that bank
Asper was not II legal tender, and he thought he had
Kneeled againat the appearance of any intention of
making it wee his words were " as legal a truder in
Irelaud as in England," not simply a legal tender.
As to what the Hon. Gentleman opposite ;Mr.
Foster) had said, his whole argument ass founded on
a misconeeption. When he proposed to call in
the coin, he did not intend that it should be done
until new coin was prepared to supply its place.
As to what had been objected against the anima.-
tion of the coin, Ste. as imadequate to keep down the
exchange, they would find that it had succeeded in
Scotlaud; and with respect to the objection of
time, the present state of exclienge, as be had said
before. rendered it peculiarly appropriate.
The motion was negatived without a division.
Mr. Pc eta MOORE, adverting to soineaccutints
from the Office of the Secretary' ut War, and which
he said, appeared to have been passed, without
undergoing the cheque tumid with all ether pnMic
accounts, that of being rogolarly accredited, mov-
ed, that those accounts 'timid be printed, w!lich
was agreed tn.
Lord CASTIMICAGII moved, that the House re-
solve itself into a Committee of the whole House
on the Militia Complete:it' Bill.
Load AacetaaLe Ilmatteox objected to the
measure altogether, on the ground he had formerly
stated, that a pledge had been held out, Lc the
former bill, that no further ballot should be es-
forced until the year lel°.
Lord CitirLEREACH denied, as be had likewise
before done. that any such pledge either was or
could be given.
The SPEACIIII interrupted the conversation by
reminding them that the question before them
was, that lie should now wet the Chair
The cpsestion was seconlinely put and carried,
and the House resolved itself into the Committee.
The clause enforcing a fresh levy of men, to the
amount of one-half the number of such regiment
of militia, according to its uriginal establishment,
in order tiemake good the deficiencies occasioned
by the present volunteering into the hue, was op-
posed by MeGiles, lord Archiliald Hamilton,
and Mr. Windham, on the ground that as the bill
professed to recruit the drain, supposed to be occa-
sioned by the volnnteeting into die line, coil as
some regiments might not afford any Or but few
recruits for that purpme, it was unfair, and contrary
to the professions of the Bill to adopt the measure
of the increase of one-half indiscriminately, by
which some counties might he raddled with the
support of the whole addition to be raised, where
none were wafithig.
Lord CASTLERISACH, Mr. PEICCYAL, and COI.
WOOD defended the Clause as a measure of m-
eanie,' on a case which might merely possibly
happen. but which, from the spirit with which the
recruiting was goiug on, WM% not at all likely to
happen. The Clause was ultimately agreed to.
Mr. Guts also objected to the elauie enforcing
the men by ballot, in the event of ea failure in the
raising them by the recruiting service before Jan.
fele ; upon the ground that the certainty of the
ballot would have the effect of defeating the re.

4111111‘. ''.
cruiting twice trader the certainty of • kigl4or
bounty being then to he got.
Lord CASTLEISAGEI said, if he were degree Irs
ahaadera either mode of raising men, tit should he 1
that of recruiting, as be should out venture to Vow..
sight of that Constitutional mode of providing for
the militia by ballot, but conceited that tire one
did not interfere w;tii the other.
Mr. M'iNUNAM, considerini the stiole of the
measure as funky, thought it of little consequence
how it was effected; b-ut still contended for the
principle, that the prospect of a ballot ',torpid
servirto injure and pervert the effect of raising the
nom by the recruiting service.
Mr. Gat.y.s, persisting its his determination of
opposing the measure of a ballot, whenever pro•
posed in any shape whatever ;
The Gallery aae cleared for the purpose of
di-
viding on the clause, but it was ultimately agreed
to without a division.
Upon this clause, as to the ballot, the Committee
when the numbers were—
For it
Against it
'Majority
Another division took Ogre upon the elerme tn.
Aietuig pi.ialttits Of 201. per watt. ulwu the count lei
leiliug to raise their proportional nuinbci of
the numbers were—
For it
Agaiost it
Majority
The other clauses were then agreed to.
• Mr. Bloou LPN proposed a clause, that Peers of
the Realm should root, on account of their rant. be
exempted front the effect of the Bill. The-Cosa.
:Mare dei.olcd upon this clause, when there ap-
peared
Alta
I\ 111, 17
MajilritY,
The Report wee then brought up anti orderer! to
be taken into consider:olot' ou Thboredor 139,1a4
Adjourned at one rict.ocit.
OFFICIAL COItKESPOYDSNCgt:

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fDETWEEN GENLEtAI. MOOll.ll AND MIL FRZRZ.I
The following is the letter bit ly alln,;ed to In
the House of Lords by Lord Aticklso.l, which was
sent by ,Jr. Frere to General Nome by a FreacA-•
Dan
" Talavera de is Persia, Dee. a, tees.
" thee', rit which I did sot wish to pre-sapposr,
of your continuing in the determination already annoviiimill
to me, of retiring with the army under your cisinniand, I
have to requeot that the bearer of this, whose. iutelligeoc•
Ins been already retried to, miry he previrrusty exxittincd
Wore a CowanCosa ii of W sr. I have the bosom. to be, Sow
(Sigma) J. H. FitERE."
In reply to this Letter, Sir John Moore 'mikes
the following Observation
" 1 hate thylight it toy duty thus calmly to explain ti
you the reasons whirl Lave and do actuate my conduct, and
i.h anxiously as the Kleg's ilioistrr, to continue spars
the most confidential /sanity; sith yin • and I bops, va
it Or hut one interest, the public self:ire, though we say
occasioually see it in different aspects, that this will not
diatu.b the harmony that should subsist between vs Fully,
impressed as I am with throe sentiments, t shall abstain
from any remark upon the two kites -from yissi., delivered
to use last night and this morniag- --, or on the •
asesiaze which oceompaniiii them" •
And iu the same Letter, allnilina to some re.
marks which Mr. Frure had made upon his first
retreat, Sir John observes—
" With respect to the determination which I made on tire
teeming of the moth, upon receivinw fr.int Mr Stuart the aC.
count of Castano'e defeat, I should, had you beer w:tli me,
have communicated it to you, but should sewer have thought
of asking your advice or opinion, es that determination was
feuded on cireunistainces with which you could not be ac-
Isolated : and was, Ismides, a qui:attain merely military, of
which I should have thought myself the best Judge."
COOT OA A sense mow THE aleirk BOA. J. n. faro,
TO LIEUT.
lI.LO, 9T/1 DEC r HOE
Stu—After the representations whirl. have been made
to you from other quarters, I can hardly hope that a for.
thee remonstrance on my part can produce one effect, v berth
high military rank +ad authority, and the inductive .if per.
sow whom, I am told, you honour with yone private races,
have been found unavailing.
" The advantages which Mr. Stuart possesses in this on.
spent will,! hope, enable hien try nrge to you with ilia warmth
of pi-motel regard, what 1 may be allowed to slate at least
with iinpartnility and candour, towards a person with wisest
I am no otherwise acquainted thou by the honour which ha
has done me by Lis correspordiume ; I moan the lame .as
responsibility which you take upon yourself by adopting.
upon a supposed military necessity, a measure which must
be followed by the immedate, if sot the final ruiu of oar
ally, and by the indelible diegnicei to the country with whims
resu r you are entrusted.
" I mu unwilling to enlarge upon a subject io which tny
feeling must either be stifled or espremed at the risk of of.
fence, which, with such au interest at stake, I 'bosh! feel
unwilling ta drift : hit thus much I most way, that if the
British army had bees sent Miran,* for the express objert of
doing the utmost possible ouscnief to the cause of Spain,
(with the single exception of nut tiring a shOt against the
Spanish troogra;, they would, accordlug to the measerrii
now Renounced as about to he taken, knee Mast massmiiiikely
fulfilled their purpose.
That the defence of °officio should be abanioned,
mast appear incredible. I ass, Jae.
(Sigtbsd) " J. H. MERE"
GEILIM.V PAPERS. •
emus, tunas id.
All the horse cliassours of the Imperial Guard;
which were in Paris, left that city the (lay befote
yeseerrine. It is aid they are to go to Italy. The
other ditachusLats of the Gnard will tweak op int.
mediately. •
Vestereay morning Their Majesties volumed to
Paris from 11.uniliouillet, and took up their rtioa
Bence as before, in the Pollee of l'Ehsee.
Since the return of their Imperial Majesties hot*
IReunbouillet, the tri-coloured staudard is displayed
before the prlace of the; Thuilleries. The display
of this standard is a sign of the presence of tta.:
starch, in the capital.
His Excellency General Andreosti, French Am.
ba.seidor at Vienna, is arrived at Paris, ueeconipet.
meet by hie First Secretary of Irrigation, Hotline.
As soon or our Ambassador at Vienna, Geese:wed
Aiiilreossi, arrived, he repairer) to Haiiiibowille_r,
where he had a lung nuelianee of the Paiiperur ; he
afters aids went to his estate at Villeelas•ry, a hick
is oboist two short leeignes from Paris. It is now ,
derwtood, that the Material Gments which wire in
Spelt) will be ditisled iuto•two caps, 'she of which
will go to Grinell, and• the other to Italy.
Some equiprges of ills Nlrjesty have left tho
capital by different roods:
Orders hats been Ivrea, to keep 40 poll-hones

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A ,
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