The British Press; or, Morning Literary Advertiser.
London, England, 1819-05-26 00:00:00

yin rrywrie. If 910Irrrir Itlin itt•lt he felt
Itiroself roinewliert to 04. e on this rnitj.rt from
I I.m. Fr;and (11r. Tierra-.q. fir whose
4.1,11,j,iii Igo every entertained lie since...
p.' rorem, lint entered thr Committee with
I'l, r 01,1110,1 of froarftv•rillg the In 11111). if
hr wa• now it.t..,toiortt to ',pp...f1ip...0h or that
• with .inerrity and eindonr. Ile Leinetstril
• nireme'y that when an opportunity hail presontril
itielf in IS for the 'ovine resninnti•os of cash
pairmontii, the Governmont of the country were so
tierent to the interrato of the cominsinity as not
to rtk. 'Armitage of it. The country had then
Lnoe thrivigh the iireilnitionary difficulties which
most he enpected to Introitl an pent nit alteration in
the eterteral ny•tem of it. internal economy, and the
emeiiiiiiieoce of having oinitteil !hit favourable op.
nortnticy would lie again felt in a similir 'atritggle.
hole-d nett the turn. Meinher far Portarlington
! Sir. It eiedo) was much mi.l:iketi in aiippoiing
01,11 its, 1,15111%1r would not here to encounter anvil
as werw irriterally atonreltentl•il. (le
oven sittererly loye that the lino. Mead,. r's
op mow. smith' prove correct ; but even should those
?illicit/ties and ilistre,ses he greater than the most
11,-ti hilq mind mold Diethre. the country might
Cv i'oroit-ter them rather than enntiime the prestot system.
was ft measure which, in point of fact, was as loves-
•lrti for the political :solvatitaire eowtslry as for the
r3o4sui, of its moral rharaclirr. In polio( of fart, the
rr-ditor had !well for several years arriving less than
st•s• Ins .1,4 e. Morli hail hip,. said nhmtt the 'wows which,
not it.tolk were likely to rootaili from the re•rnaldishifient
.4. a meliOie r9rmory ; but nothinr was said shoot the
ltss•• of 111(15^ who hash for Pa onsity years been silently

• . .
under the paper nvatein.— (//tar, /tear, /Ow )
Tll, t...% hoircrer. he Invited, had nnw arrived wh.o the
. rik int fnnu *loch a oyorni wont.' lie triminatc,l for
. err, for he felt 11 confidence that thY experience whirls hag
L. 1.19 el/ClVefi 6111,1 pain ."I'efltg *mild p 1 Parliament in
si•t% (*Wine lime from deriatiug from the safe principle of a
m• lathe standard

Lori eXaTLenextrltti said, be hail ahntained from offering
liimself to the attention of the Howe at an earlier period
f she deflate, from a desire to hear OH that could be said
on the •titijert. that he 'night reculate his obecreations re-
corifincle, prevent wee, in mind, one of the moat
imp... taut stilijects on which Parli.:inent otter 11s111 to deride,
and merited their undivided attention. He was extremely
sorry, that S decree of alarm seemed So prevail, which he AWN
110 fillost to justify; lint it was not surprising that mods
anxiety sl 'd 1 felt on a question as. vitally interesting to the
en 1111 l ry. A very abort time, however, would, 1w trusteilfhe suf.
firient to firing the public mind to take a concert view of the
subject. The I.IIIIIIIP rontil not be sort ll is ld at the • ppearanre
of a great anxiety in the public, worn it sas cooridered what
eelenseve permaiary arrangements bail loco male in astir,.
patios, of the Ileaticinl measnees whirl. it might be thottcht
pi whir, 1,, adopt. This eii twosome,. would ,endive it tat.
p. alive open his Hon. Friend (the Chancellor of the Ea-
elo gun ) to rest lit to the Horne and the country in P• short
a lime as possible their true B,IIIIICIIII C11011111011.(1/ertr.)
lint let 110 the Honer or the conutry tousziiit that any cheek
I, 4.1 !wen elven to the prosperity of time conatry.—(llenr )--
'No al a enenrier should he taken reap. chug the lower,
if at the pr. rent some partial eroltarrsestonsts were felt.—
The meat's of wealth so re only standing still entil the public
roo!,11 name, trio liou nil y m!Chi with most safety apply their
elide, sod resource. in future. This w sold mile filmic,'
1111 114141itiOSAI incentive to this Howe to coine 0.4111 lAI4IIOIII
and film es.. which ever eltstiagnislied a Belli. Is P Ail-
ment, to a full and manly view of the casitney Null finances
of tlic comiti y. Then, he doubled lint. lb, y *wild sire Slit
iodn..try, and re (-es, an.l rapital of the country lake n
w aaring, and restore that •zrrilerni which now
vra. for • moment only • nepetolcd. He trusted he elionid
Le i
pule to chew that no praUical canoe of alarm mold he drawn
(min the posporeil plait. In the view of the subject,
Ilse fort eireionstance that present..l itself to his mind was
the seeking conformity bets ern the general principles of
all who spoke on either side of the questima. They all
seem, ii to arrive by ditterenfmt ails at the same result. For
liiitiself, he had seri r argeted thir portion on any tattier
ri lot ii*lr than that of arkisow {edging the Restriction Act
to 1., a :rest departnee Gum the correct monetary system,
one. dust it wan defensible only as it involved a priuciple
• • fah ;ice. To Oil+ principle he still adhered, although
rim Id nevi r Srt,44le,lee that the paper eon enry had
t, Jrprrr, it" at to t. 14. extent that had been represented.
le *yield indeed har soar, d a deprecial %Oh reference
0, told, but its real valor ought to he estimated by Ft fr rents.
to iii Ism maul or e.eamoititie, mud ith..ue. litre he Mall
',mit al. arts Corn the evides.ce of ‘lr Ricardo, to she that
was the mode of ascertainin: the actual drpri filllloll of
paper pursued by that Gentleman, soil i.e dirtier, cusicluiled,
that es a Kink stoic retain. the swine relative valise in
the home market after the rests kilo., which it did
pervious to that measure, there was 1111 iinpiopriety
in the Resolution proposed by his Richt I!uu Faison!
Ilw l hancellor of the Exchequer, namely, that a. pintail
note and a shall,/ were equal to a gfii lieu. la returning
to sl. it systriii, whirls he felt to he the kcitimate mum t iry
bpi ein of thy country, he could not stiller Slim a mignon
should he thrown on that which they were I. seise, and 4613
Ihr rouse of 116•1111111.111 they had 140 10112 pursued. Dol the
believe that if the Batik result-lion had nut heels
ail ed, the rotatory could have obtamed loans so extensive
and so advautageous an it had June titanic the war, Or
that it could have raccessfully encountered ties dangers
that susrMind. II it Let root those measure' to which
In their, diettess they wire so mach indebted, now
:miff, its public estimation, one 1,1 the character of these
who recommended each measures his tarnished. He
rued nut allow for a 131411111.111, that it the Irwin* of
that elisions period, the flank, intrusted as they were
itt the adiosoietrati .... of such • socastore, had miscall.
,el, el thentselv, a. It was lalgtlly 'lll 1411 114/111,1Ur 01 the
Hank, ill it, thrt:wn out hf their tonlined duty as
lkiniceir, they enlarged their views to Hie gmeeral inter-
i.ll, or the courmaintly, and never withheld, its 010111t411111
of Vllllrgeocy, birch reset, arisi.itance AS ',mkt lalruls mid
their experience iitcceeled Si. he iseire,snry. a retrouiuz
thvii lu the legitimate state of the monetary system of the
rotritry, the Clouse should never ftitaet the rut and
cllivieut services of that body. The Roble Lord then
ot.ot st/1 the proposed plan, atilt r, marked Hod the
11140/2C in the .).tent ought to be elieet,4l as gradually,
awl corny /m-1411y as 111161414Sibly ns possible. It war walla.
wfaly to think, Host in the year 114151, Si 6 sums after 'the
war. llor ortrtionstlances of Sbe couistry ail of the fora ign
rx, hang, r a. re in sio It a slate as might, in the opinion of
mime persons, hare toshleit the Habk Ili resume cash pay-
wants will. sal*. 4.. rico, taken of thir sallject by his
Mojesly's Nlinist. is MSS, that the pre SrPSIOII should
he passed over all bout tumidity this Torii 111 l and that roily
in the next year it *timid, it neciesary, be taken up al its
blondest pound's. They telt that curtain events were 101
4orriir of operst 1111 l oil the Continent, whirls by the early
port 01 Hie iient S. esUisi might bare se. ui ilt.'tn,d‘r=-; but
tl ..n, this course Airy weir diverted by sarions circituodainces,
1111.1 • utters by tin' subject having Ii nu ads. rii il to lay
the Ili. Hon. Gentlern we oppoote.--(surrie edaggiep.,—The
Nob:, Lord still I 'ceded In examine the qicesliow. rod tlo.
1 4att%hing mereitrid.-7-' bumf cries of " 0,4 r! order ."`)
—lle felt that die mescal was a subject of which 11w de-
tails offered within:: to reward the patient &Realities of the
Haase • be ilierefore, bastes to • reuelusiou. He
armlike d Il.sl Om principles expressed by the Rank on this
siehjert were usesupported heffoctsaud•awatroated by theory.
It ass w reprom h lss the lisitt to differ from the Governs
went wpm, the present oeciesime; bet he trusted the Hoeft
would see the at cessity of al length 6xiog the currency of
Situ' ministry upon the permamesit basis of a Metallic cur.
retie, --.(Hrete.;—Resieles, the Rank iras wily called upon
top •r tinder a pion eliaa price to a given period. Ciro whit
p. iireiph, ilarrrhwe, ilia the politic, or soy portion if the
111,14 r, fall two any panic so wild as to imagitee there
oriole be soy comiderabk reiloctio• in the Bask imam?—
' • hear. aroer from an unworthy delasion.
lie &tiled that any rapid repayment of the advances or le
by the but oh was iatcarkd. Tiny looked to Ike ant taw