The British Press; or, Morning Literary Advertiser.
London, England, 1803-05-04 00:00:00

invent t'banks to the Noble Lcrd orposite to bim,
hat provoked it. He had listened with iii•eat
*atertion to the arguments so ably stated by Ibis
Noble Friend who 11.1;(1 just sat down, and he cles-red
to be understood as coinciding perfealy in every
ra.e of them. He had received corsilerable informa-
•-in upon the subjea from his Noble Friend, and
with that information co-operating with his own
lnowledge, he had no doubt but the conduit of the
Directors of the Bank had been uniformly correct.
\Vtth regard to the institution of the Bank of Ire-
land, as a measure of his own, he ranst be per-
mitted to say he was highly gratified in hearing
front his Noble Friend, that it had fully an-
swered the object he had in view, and had
roved a source of general benefit to the mercan-
de and political interests of Ireland ; but there was
one point in his Noble Friend's speech, which he
must take the liberty of setting him right in. His
7'.'ohle Friend had admitted that the paper of the
13 .nk of Ireland had undergone a depreciation.
This was not conealy the fait. The notes of the
Rank of Ireland, literally considered, had under-
gone no depreciation in Ireland ; it had indeed un-
dergone a depreciation in respect to payments made
out of Ireland, which could only he made in gold.
His Lordship quoted Lord King's words, " That
the Dire, tors bad been guilty of a gross abuse of the
discretionary powers with which they were entnist-
ed." This was a severe imputation, but fortunately
for the Dire tors, it was immediately proved, by the
arguments of his Noble Friend, that it was wholly
undeserved. He said he would add one more ob-
servation, and that was his wish, that the proprie-
tors of the private banks in Ireland were put under
some regulation. Ile remembered to have heard
in that t louse from a venerable and respcaable Yeer,
now absent from indisposition (Lord Liverpool),
that he thought it would be a salutary measure, if
the country bankers in this country (where the spi-
rit of adventure, and sometimes of fraudulent in-
tention, induced men of no property to set up banks,
merely to prev upon the credulous), were obliged,
by Aft of Parliament, to render once a year to sonic
oilice or officer, appointed Om the purpose, in each
county or province in which private banks were in-
stituted, an authentic account of the security of
their bank, and of their being
.able to answer the
full amount of all their notes in circulation. His
Lordship said, when he heard this from the Noble
Farl, he thought it a wise and judicious suggestion ;
and he had not the smallest doubt but it would
prove aa extremely beneficial measure both to Lng-
land and Ireland. His Lordship finally pronounced
the Bill before the House a necessary and useful

Lot..? LIMERICK rose merely to notice an oh-
servatien which had fallen from his Noble Friend,

who had just :,at down, vie. relative to the depre-
ciation of the notes of the Bank of Ireland. He

said he had merely intended to allude to the pay-
ments made from Ireland to other countries, in
which the exchange of the notes of Ireland for gold
required a discount to be paid upon them.
Lord KING maintained, that so long as a pre-
mium was paid for guineas, in exchange for notes
of the Bank of Ireland, he was warranted in as-
serting, that the notes of the Bank of Ireland had
undergone a degree of depreciation.
The Marquis of SLIGO rose to do justice to the
Diredors of the Bank of Ireland, whose conduct
had been hitherto unimpeached. His Lordship said
that, stric.'ily speaking, the paper of the Bank of
Ireland had undergone uo depreciation ; yet, in one
sense. paradoxical ks it might appear, they might
be said to have suffered a depreciation, viz, in the
exchange of them for g(3.1, when payments were
to be made from Ireland to other countries. His

Lordship added a few other observations at once
pertinent to the subje(a, and patriotic as a native
and laniholder of I: viand.

The Bi:i, upon the question being put, was read
a second time, and ordered to be committed to a
Commiace of the whole House on Thursday.

tiT DFATORS' BILL

Lord RAWDON (1:4r1 of Moira) said, he had
'some observations to offer rcspeeting this Bill; but
S C. saw their Lordships had been sufficiently long
detained, he would defer making them till the next
stage of the Rill ; when any other NoWe Lord,
who wished to give an opinion upon it, might have
an opportunity of delivering his sentiments resped-
ing it. He would Theretbre move, that it be read a
ecnnd time.
roe Bill was read accordingly, and committed
for Friday.—Adjourned at seven o'clock.

HOUSE OF COMMONS.
TUESDAY, MAY S.

A STesiage from the lords announced their assent
to the Bill for the continuance of certain Ash
Parliament, for securing the Revenues of Ireland
from fraud, to the 2:ah -November, lwr3 ; also, to
the Sugir and Coffoe Exportation Bill, the Inn-
keepers' Allowance Bill, and several Private Bilk
NOTTINGIIAM RILL.

Mr. HAWKINS BROWNE moved the order
of the day for the third reading of the Nottingham
Bill.
Mr. FOX said, that aticr what had been already
said upon this question, be should not now tr.)uble
the House, but that he considered it one of those
measures calculated for the future undermining of
t'.c laws of this country, by throwing an additional
p .wcr into the hands oldie Executive. After wh.at
ras.ed in debate, he should not expea to hear
• .rd lenity again made use of; for it was no
• y enforce a measure injurious to the cha-
r..:,-rs those concerned. But did the magistrates
.t. Nottingham sue f•'r lenity They say we
challenge you to try to ; we know we are inns cent,
and that the laws of the country will protea us
from punishment. l'he resolution rtatcs that no one
cant deny that shameful slots had taken place; it
also states that no exertions had been made to sup-
press them ; 'but it leaves us in doubt whether the
magimates were in fault or not. Was it then too
rouch for them to asl," Are we innocent or guilty ?'
The preamble implies no guilt ; the resolution is
similar; he must therefore argue that they are in-
nocent. He wished to know whether the Bill was
formed tinder the supposition of guilt or innocence,
If not guilty, there was no occasion /sr parliamentary
interference.; and if the proposition imputes guilt,
die literi were -sefficient for their punishinulf. If the
magistrates in the execution of thew duty could not
suppress such riots, the proper remedy would be
to enlarge their powers, by adding to Their .num-
hers. =analog to the constitution of that 'body 4