The British Press; or, Morning Literary Advertiser.
London, England, 1822-06-12 00:00:00

PRI C e id.

half of the leather tat, which all the leaden tonsiect.d with
it (levered would h• oo benefit at all.
Mr. C. HUTCHINSON supported the Peritiou.
S r I. cof FIN, la encisitler.tilon of don good *entice done
by the fishermen during the war, wan anxious that they
slii.uhl ant he burdened with the salt tan.

Mr. CUR WEN aupported the Petition, in coosideratioo
of the many iniesest• whrFts stoit!il Ia affietesl by Hoe to ri
Mr. W. SMITH •IBrated that the fisheries weir. a
cud tmodeni,onyeecureth.,•od oiiiild t,ear the heir
Aar. T. M ILSON said, that if they pee misted in reset ~,
'mai Ist shir another, he could nut see...here they over to
end. He WOO 111111•11• to hare th• CbillC f
in ouch a procedure Or hi.: el-outwit-lee.
Mr. V. FITZGERALD thonent Ow it out& be sier•
ovidtriastile to burden Irelatid oath any additional distil.* st
prment.
Sir R. FERGINION Milk a statement tespeetioe the
Scottish hefting ashieriesasiini *hull it,. a.gied Isar obv cent,
sonld ens ray tire expense of collecting Dom oil the
salt seed to that vhde.
Th. Petition rens mitered to he oriole&
The Liesiitatte Bell Wpm. %Dab let ought op, and ordered
to he recommitted to.issorinsi.
Mi. MANNING mearbeed a p.10....fr0m the Ke.Pe'• of
agitind the. P.isuii La..S. C1)11•011114i ;Oil S,;l.
Ordered so he printed.
Mr. HUM BOLD awei.enterla Petition Ginn persons eon-
crlsekto the, Diming Fisheries of Yarmouth agaiust vie
Se. @Mt —Ortlersd to be printed.
Mr. HUSIt. preseoted • mode( Petition fiont Bleachers
in the ci nosy of Montrose.
Mr. PH 11.1 lI'S asked why the Irish Mender should he
etnoted fruen lbe salt ea% in priference iu the Eujit.h or
Scotch

The P. tilion eas lii.l on ibe IWe.
Str A. DODD presenied !I P. fawn tram person* ir nor...reed
in the le4ilwi le .de in Kelso, Sent I•isrl,
.prayinu a terni.kwa.
a the whole 01 the le•shir ton on tic t^ble.
Alderman 8111 DO ES tursruirol • relit from the Coda
of Clink and MalchntAtra of Landau, sgsiust the W4te-
itometue hill.
Mr. THOMPSON snit Aldriman WOOD supported Ir e
Petition, which idler a relit winds from Mr. WALLIS was
laid on the tghle

Sa F. BUR I)ETT presesitud a Pelition from Bradon,
romplsiniug of Ihr Ji.tress to r4Henierre and arnealturrt or-
eassoneti by the alteration of the curt* acy.—Akdrsed to be
printed.
Mr. BIRCH r.esrntrJ a Pctiti•nt front the resident trades-
mimeo ur Nottfoighsta. ronsplesseine of the twerrsseofHswkrrst
Pediaos, and Mock Anctopas.—Ordtred to be pruned.

STATE OF THE CURRENCY. '
Mr. WESTERN rose, pursuant to notice, to Call She at-
Motion of the Whim to this subject, He fell that the ask
was &load his power—that he was so strostgly cocci red
that is. this sabket was comprised the main ranee of all the
calamities of the cuustry, that he could tot, fur soy consider.
atm., abdicate the duty which he had usirlertaltim. Haring
Neither eluqueure our wit to coatroom.' or captivate them, he
retied on the grist importance of the subject, and would
draw cuafideolly on their patience for their attention to the
result of in inirretigatioo which at least hid the 'nerd of
hsviog be,u lahoremes. The object of Isis mania was to
iihrestigaie the justice, policy, aud wadoia of causing the
corrency to revert from a low state of depreci•iiim to the old
standard. To the authors of that measure he was ready to
pay deference. He was out going to cementer it as the act of
Miniaters; is had been chiefly supported by the Opposition it;
both %looses. He could therefore have tau deals to armies, the
conduct of Government, our to impugn she stoners which
caused the measure to he brought forward. He was dispos-
es' so **VW the *elbows of it—but to his salad so lass ear
art of wren were to be cousidereel irfallible at all lingo—the
wisest were liable occasiousilly to the MOO eresiotio errors.
After the fullest deliberation be bad cum. to the most dis-
tiuct and positive conclusion, that there weer was a
greater blunder committed in the affairs of a people than
the passing of the Cash Payments Bill, and the actuate
couneeted with it before and after. AR the diScaltiesuf the
couistry were to be attributed to that one aseasore. There
were messy other eircoinstaisces which weight aemakessally
press heavily on the courts,. The extent of teas-
lion operated powerfully the defective state of the
tans to protect British agricolture—aad the poor nitre
system. But all these had brew in uudosta operative long
before. They were is • degree nejuritais, thus the coritstry
bad prospered its spite of them, until that fatal measure of
cash payinewts • the operatims of that Bill was preselsog de-
structively on ;II the productive and industrious classes. If
he did out make it clear that it was tojurtilllS alike to every
esteem' as to agricollum—from the highest to the lowest
pesaun halite State, exceptiog the fundholder, the annaitant,
sad the property of fixed ineumes—he would aitmit that all
his allegations were ssufunniltd, and that he was ensue in
his estimate of that measure. He believed, looked, that the
finidhulder and miaustaut bail their properly eudsagered lay
the ; for, from what source dad they derive the use
of it ? From the produce of industry. The charges for es-
tablishniewis of the Goverwentat, fur the mortgagee, for the
assuoitaut, all these were charger upon the taduetry of
the eountry, to the nature of • draft upou the proceeds
of labour, and the roistiossanee of all such properly.
mast depend apes the prosperous cambium of the in.
dostrioue classes. If he did not prove that all the dan-
gers emit distresses of the cavalry were altrihoiable to the
alteratiois of the currency, he was wrong, and would give up
the ground. He would fiat of all entreat the House to
consoler the difference in the moral sad political effects of
raising or lowering the value of the currency. In the latter
case, supposing a nag owed 5001. oat of an estate of 1,000/.
• year, and the currency to be suddenly lowered one-halt, .
the creditor contiosutue to receive the slaw ensomal amount
would only be able to command liclf the qoantity of commo-
dities, and would stand as lee 'mold have .lone with •250/.
is the former currency. Suppose the currency to rise ONE -
half, and the maw of 1,0001. a year to have mat charges
of 5001. the creditor would take away the whole ester,..
This was simple and obvious enough, sad yet it must
have escaped the authors of that aseasare, or else tt.e
House would nut now feel astonished hew sad in what
monster the distress of the commit/ had grow. so -
duasitiant. He would coolest himself with moving, in r.
cure to that dietress, that.there was nu ad. glove notiou eNs.l-
- of its 'anat. But the eeie which he had supposed Mat'
wis one who It existed is reality is mu thousaud iostawere.
He thought he had proved that lowering and raising the sue-
dsrd were, woorally speakiug,, suit of the same importance,
because in raising the standard you cut up all the resoi.res
upon which the paysnesst of the fonds, the charges of C:u
verament, and the capital of rommeree dep. sided. He dgt
nut coulee the idea of double charges us that case to tll-
- to the fatidliolder. It equally affected ill the tototto•,
title classes. The tradesman's capital seals by it to uue..les:f
'ir, value, and bin owls property thus became anothils!cd.—
All kinds of charges the payment of which was already moil
became doable is effect The labourer who had contracted
a 'debt for some idable purpose—to build a euttar• .
or buy a pitch of graded, or to raise Merin If from the .a::ic
which be held, foweid himself suddenly reduced from 1d..."
184. a week, part of which he appropriated to the paymeel.
to a pittance which was wholly absorlied in the paymeut. That
era■ the diferewee bevies% raising and lowering the value,.
eircninatauce which could Stever have Men cootene plena be
the advocates fur bringiug back the standard. In another paint
of view, the effect of altering the standard was now manifest.
What did it do su regard to the public burdens but add so the
weight Si the ratio of the iscreased value? Was that a
subject which should hsve escaped the authors of the vela.
awe, ? He was astonished that they could have missed is.
Was it smiting to add 10 per ram', as the themeelires
valued ii, its the emarnsoas besides of debt sad tazat tau copier
%bleb the country laboured Some had affected tit aliallikr