The British Press; or, Morning Literary Advertiser.
London, England, 1808-02-11 00:00:00

FOB THE TEETH AND (VNS.

THE arc respect folly cautioned araiast
Imitations of the or*aftL and PEARL
R. . .

DFN CI FRIOE,. hivom.hl by the late

t, Dentk;t-

to the Queen isn't, the' Prinie of Wales, which bare bees
L 7, by long experience, to be infinitely more efficacious
1.11 Teeth andGmes than any thiag yet discovered.
They conthat to he s;ld, wholesale and retail, by doyley
sod Mew, 5, Coooll rir-st:et.t, lau.don, price ...a. gd. each,
inclosed in a ''tatno, in aLttL the fdlowing words are *A-
rrayed, " 1. Bent, sod Blew, Cockspur-stftet;"
the forgery whereof is felony —Sold altsii by Mail, by T.
Seartatan (late }Weer and SUCCASCUI to Mr. Fleakt), George-
street, Haartver-eqmare.
Na.. The Enema is particularly recnmuiended to pircots
and permits who bun the care of children, all the greatest
preservative airmail sad tender teeth

rw .1

(PRICE SIXPRTA,E.

BOOKSELLOH.
IXT.ANTED, a YOUNG MAN, who nee heed
V some ycsreln the Illookaelling nasals is Lowdoe,, •
and whn Would take an active part in the asatiageuteet of
Ceprotry'llueinees. A liberal Salary will be glees.
r_Arrny at No. 39, Paternoster-row; or, (by letter), to
Num. Rees And Curtis, Plystoutb, •

TM* May iipublished, hi rallies, }rice se.
E PORT of the PROCEEDINt :S before the .
_ILL SELECT COMMITTEE of the HOUSE of COM-
MONS, ar,ointed the nth January, Our, to theme of a
Double Reruns the the Beneath of Horsham, Is the musty
of SCOWL By JOHN S. COPLEY, of Littools% las, Esq.
Barrister at Las.
Louden : Mated for J. Butterworth, poet-street; nal
J. Cooke, Orotostetway,
This day 4 pablidied, price toe. fol. la best*,
4 SI'A'fFIIENT of the EVIDENCE awl
ARGCM ENTS of COUNSEL, befell* the, CON'
MELT OA if the HOUSE a CO MK° N 11. the COIL,
1110VERTED ELECTION fqr jai Nellint'
• ^rah allow Aiwa •
by SAMUEL CARPENTER, Est.
Of the laser Tempe, Barrirtermt-Law.
Latailoo: Printed fur W. Recd, Law ;loulettellists Bag-
yard. Temple-Bar;. Bar wad Reeds and Ctiratis, Plymouth
Thin day are pubbabed. the Fututh•Eilitius, peir eras. d 6
13UNSWEit AT lONS /111 the CAUSES, Uti.
V .lECTS, sod CONSEQUENCES of the Prawn
WAR ; and um the Espedtectoy or the Mugu of a Prate
with France.
lir WILLIAM ROSCOE, Es*
Eriate.sl.for 'f. Catlett sad W. Das ics..s.
Next wed; will,* petite/m.4,
4 SKETCH, of the CAUSER 5,4 CON/Iha.
L. QtaiNci.s of the late EMIGRATION to the
BRAZtI.6. )3) RALPH ItYLANCE.
P.-isted for Luogrusu, Hurst, keen, and Orlin, Tata-
seetturow.
la the purl, tinJl earls io Mrrch wlll be published , elepaMy
mints I, 114 two v,4. footrest, iwo.
pOE.N:S. By Mies TREFUSIS, of Trefusirk
Is Central.
Irkited fur. 4.lneei Tipper, LeMirdien-elitet.

Thy eV M paheisled, price ts. tat
E 1N OCA 110 N; a Parody • ad3retateel
1. t. tie MO* How. Spades Paddy!, CbLuteUse of tbet
Emit/quer, vs Ws silence dated" sis debate ea. Hatillajma;
SO fiftieth, im 41ae How of Cumulous, Them*, ha. 81, .
101116.
Prieted for Samuel Tipper, I eadenhell-atreet.
PEVIEW OF THE FINE ARTS.
Oa the first day of Mardi wile be pablisiscd, pries •z.B.
Number I. of
AQU.
R kRTERLY E V lEW of PLTBLICA.-
TIONS of MIT to amid of - -
we.. am thew importst IleAsso
dory appear, of the Arts of Pales
Aschitectase, sad Osaka ea ad
The FboapeesamiLe=
s. Time, 37,
mai be oda*
,ef▪ The Crake% geed* If.

t t 4:

gibed " For the lba
et every Itexhaelier

w
'..11.. completili, dedicated, by pertninime, tieafiiiigteti
inmeditte man roo. of /14 Kitatety, sad Mt lord Hig.
efts the Prince of Wales, Hit Ituyal Hlghoom iht Hof
York, the Hr. Court of Oitcctors„ •stol the BM IMO
Coropany, de.—Tbet lompipicyester: Wait, ado,
of Naha, fby Cooptaite WILLI A3L.WIN tool
HOWETT',., e.::11111•Otior • ttoool mti cuts.
of ilia
of id Or etioribrbia,-fbi to Illeirifitai
2111. L.k;ll. 'filly be had a Were, oe .osusg.
Publisbri; ti ,Eke. °Mt, iteml.otoort, the emote ot Ilemir,
infect —.
•
. ,
GALANit IlkiFols IT 0 EtV OF lIV )1.4 'I Lid/Lill Nii.
On Starry, •:..a. c, i•i:Cim, was publisivd, Norber 1. a
per roditieli. tll,b• cocaina:lra rctnirly, in Weekly Nom-
riPtear nir Aerial and comprehensive Work,
E Liit.: it L(11'..11.1 )1A NLO DINENSIS;
1.41 e, Uotromal D:etioiroo_ of Ads, &Meer, sad L:te-
Taira : By J‘.qiN *ILK CA
J. Millind•Llinie, is the county of Sumo, Soli. maimed
by rimiest Scholars Of the Eti;lleila • and Scott% Vaiverai-
-1,1. I,,:adrr protect en of 14:s :113.iesty's /toyed Licerise
• sin! Authority.—Priers r foliow :
On common paper, wad the titres plata, clikfairence
rich Nowiber. (hi ditto, with the piatm &roved, four-
tecn-peoce. Oa time tchuin paper, with Cie plates plain,
one sbillinc. Oa ditto, with the plates ompetisty coloured,
one shilliiig and ampere.
Every Subscriber will be entitled to bare Ilia Family Cost
uf Arms engraved ,and explained us the copper-plates,
idaptcd to the article of Herakiryt is interlining, as bee
law, tpo.t paid), the impressiou of his Deal, or a correct
drawing of the same.
,/„., The Eighth Volmne was poblisbed, complete, is
Noiember last • and may be had of J. White, Horace*.
Head, Iket-street; Chaupanec and Whitrow, Ablgate; at
tbe Encycloprrdia-OGr, No. 17, Ave-Alerlir Imes, St.
Paul's ; awl of all Beieborllen in lawn cad countr".
-1.4.1- Sitbacribers It !rear with the fume_, Editants, aro
particularly regretted to complete their sets. ,

This day are published, elegantly virisastis_ Pocket
Volume, on • fine Paper, Pnae, Bair% U.
SSA ?'+ and THOUGHTS, on VARIOUS
.11CA sti [nix TS, and fr an rarique hollows, &c. together
with Nine Papers from the OHM Ptair4a, and Poem:

111) the.H.abt Rev Lortur HORNS,D.D.
I ...te Lord Mihail of Norwich.
Printed for P. C. wad J. Itieirsgton, No. 64, St. Prinrs
Church-yard ; said Ilse by J. 'hatband, 19u, Piccadilly.
Of whom nay he had, try the same Author, neatly printed
is a Pocket Volume, a.... r
CONSIDER A TION h on the LIFT. and DFATTI of ST
JOHN the BAPTIST, and a f w rerunning C,ipani of The
LIFE of BISHOP HOWIE. By the ter. IY. JO:1M
Price in BanalkOs.

la tbe Mane ef seat mouth (March),' trill be puStishati, ta
it rub. Dem, and lio-jotOctivo,
ITVIE Wtiltliti of JOIE% !)IVIDEN ; with
s Life of the Author, and Nutt• critical and 'Ma-
ry WALTER SCOTT, Fog,
Prink,' for William Miller, Albemarle-street.
II is • eiroanstatter neither hoorturable to oar tirae nor to
(Tr nation: (Mine, Oyu an hundred years litre elayscd
core the &sib of Dryden tune of the Al names be
.Feetnl, without hash's foto • eatitpistu ESA-
tutu of hie Work:. lu 'ha either part ai the lam Maury,
it is possible, that the ;mere: and outxranded admirotion of
Pope, and the school of Poetry *Rich be illinutitd, directed
tie üblic attention from a weltcr, infteltie In bete, though
eecelli-q hin in stains; defacmat eurnscheiss, though far
superior le enter of thenight Net &dist. Dot ait ii tong
since the public have imbed bark nob favoinvtae eye tot
the weeks of the rocket and puare.rel pot is of the nevce-
tooth eentary. it Is pinstun,d, that a caw:Acts I:duets of
Dryillese• it rattles, totopiet radial hi. ratfi.n.d Works or
*sag deotttptan, must nos ist considered ea falba' op a du-
ventral Week to this Me:state of England.
The 1 eat iu the intended patthadavi shell lan gives se-
etwateli tat: i the best tdesue-t. Ibe AOll.l tad Ilaustralar
MI seat ss bean dietatei try the Eitionv deep sane .1
ibt Mapartesce di tin leek.

IMPERIAL PARIJAM&TT.

HOUSE OF L--ORDS, Nan. le"
-4. .
Mr. Mitford presented at the Use the anneal accounts Me,
tire to the South Sea FisberimOssed the Beauties granted
sopa supplying with Fisu the cities of Lades and West-
minster. fitedored to he on ilia 2idiamsadjoetrued.
MOUSE OF COMMONS.
s•-..- •-# ." '
Owe of the deb of She Privy Council presented ell.
enpptof the enseent of fees sad passings pont into thee
sea by or on of perspus who Rave obtaieed H.
aims, to navigate the sega Ore the par-
t:tads, iog soy lows to the contrary,
thezist of hostilities to May, lih)3. to the
plate of Ordered to lie on the tattle, sad to
keiAlll4 . .
rt.. A new nedentil to be head for the election of •
Allevt=tt Pt Orlad, in the mom of bird
ted the wince of Juiut Muster-
seer. in
Hit T MAS I'UIITON gave entice, that upon Mon-
day, the 91st of War.h, be inteaticd to 190 Te Ct,tAill Reio-
lotions fur the aibptioa of the House, as to the Cartssaic
=Noma( (Ms luig preview' satire, a be thought
Woe of • auntli might be omens:ray, m order to
jlhboLteteni. t2ibli? sisal
:tarihrers wi,
to be weret
wpua when,
terws
4 OkatimiSTiervinte .
mom iota "committee "pool the Brasil
beTille
ppm ressinsieg, the Krpuit was 9 idered to e
!Mir thasorrow.
CAPTCRES.
Sir FRANCIS BURDET r rose, he said, for
the - .of raskiog - - • which, - - the
-.uuolao--t

the
laid
made
di4osal of
arising
:11EQUER
`o give
no

Neal-
to it,
grant-
;lit pro-
to-inor-
would
• Inc

that he
1 of the

should
con.ider
• duce-

I Mr.
IDAN,

of the
:r which
ordered to

dent of :he
Brickewator
• 7th of
• con-

.4ewport.
Etcheqner,
motion. on
awed.
smerally
, the no-
accutmly
should,
• corn-
, this
•eizinq
Copen-

to-rneve-
' Pc'st"

itIMENT
,EQUER
Ways and
rations be-
Mikity's
before
‘n one

lie did
,A of the
agreed to
of three
interest,
-stand-
lie and
ieettstouted

whether the
under-
ce any
sk and
width
letter,
that he
of loa-

.other, lie
intention to
business
Now
t'bstn-
Won-

"F.l:
• Rank

%P the

Apr::
present star,
the printing,
.:ted iu Inc
'— *watts

....ste at this
-4 "rapped ta the
Bask 4 the Ba-
cke 'Ae-
olian be

He did this for the
.purpose of bringing the
whole anWer into precise teems, mai to submit
ittonkeAaultie ft ahaptthat would euulde them
,tomyea,or no tothg phoposition. There was un
taltar tap AD-Mimi:plane in the .iusinese of the
Ban and the Exchequer, nor any alteration in
Ilisirealr da °l-41416441 out the accounts. It war de-
'there t s meld be setae asstual tlianinu-
tionnitt money in the hands of the Bank, but
*
it einti Mater proposed dud that Amok' be effected
by breaking at all Upon -the good faith of the par-
ties. llaviug mid thiaimuoli upon that particular
branch of the transaction, he rhould non timer,
" That the Henise do go into a Committee of
Ways and .Harare," iii water thatlie might lay be-
fote them the whole Cominunicatiom
The House accordingly went into the Cosa-
mittee 1;, 4ivluin
Tice CHANCELLOR of the EXCHEQUER
rose, end addressed the Chitinutia. Ile mid be
was %bout to draw the attetitioa of the Contutittee
to it proceeding so aide intigroas to the public,
that he tlinught tilt House cottld not possibly ea-
tertuia any objection to it, nor feel any difficulty.
in ultimately approving of it. The paners that
had been lately find before the House relative to
• this business, contained so much details of 'matter
of arrangement, that it would be only necesary for
hint to rewind their of the leading features of the
transaction itoelf, and the course wliteli Lk veruinent
had taken. Darin.; the last rimainn of Parliament,
the Committee of ii'hiance then appointed eliode
their last report ueon those braucher of the piddle
expenditure, which included the connexion of
the Bank with the piddle expense, and in
that report they recommended to the House
three distinct sthjects of coosideration. -The
flirt was, the allowance made to the Bank for the
management of the p Odic debt ; the second the
amount of the. public helances in the bands of the
Bank ; and the ad, that species of bulatice called
unclaimed dividends. On all the* poiuta they had
represented the advantages that would tailor to the
public by adopting the Own whielt they propose:l.
In consequence of such reeoinin •itidation the agree-
tint that had been e need into 'tietween the Bank
and himself, sithiete to the revisit and approbation
of Parliament, had been arran;ed under the three;
following hea s :
' tit- rightist :Meld:set.
re. Allowance foe Vuorer of managing the Pahlie Deist.
ad. Public Balances kept et the IttWc.
He had proposed : i st, That t h.:Hook shall now advance,
oat of the Uttelaimei: lhaidoods • 4 their bands, tie sum of
500,0001. for the use of tl e Pub ,e, is addition to the sum
already advanced out of ti st In 4, perstiant to tL, Act at
Geo. ill. leap. 33, mad tro.er et utter evriatitioos ; prai.thal
array, that the ainouat of ,uch Dividooda remaioloy in the
Bask shall nut be r,alurcd la k.w inu,onel.
:illy, rsat for she in inag.tueat of the public debt, the
' Dank *l%ll henrefirwani be allotted as folio*, .
31.izatillien keit. auesin,, u poll the wltule of the nor:-
debt, olaartever it may antismog to sou mahout,
sad am eaceed 6uo minium..
3041. per toilllon ore amain arm, Me whole mama of
oar emus of debt aaredonoed abate tin' ottliolis ; the
acid On sentoaseientinaing in each case hi be ma-
naged at the afortend rate of oerl. per asthma pet oil-
ow.
rind. pee minion per asses, neon the whets a:a-deemed
ask, whatever it may C:...Cce4 ace rushers, and out
Monet to too millions.
Awl that with resrert to the rate of allecraser which it
easy be proper to fix for the inanagctitent of any debt I,•ss
then 300 millions, it lias berm docanot ottriselite to defer the
consideration ',that salarct mall the ether! diteleweloa of,
the debt may be inch es to 'quire suite detvratutatien ea it.
Now upon this second head of the alteration end
management alaue, the Cnurn;ttee would see that
the public der ye a Iseiseficial envie; of between
6J,0001. and 65,000'. There could be no doubt
that whatever might be the advautage offered to the
public upon any view of the transaction, the pub-
tic and the House of Coin•nous could never Wilk
they could be justi.itel io attempting to elstato theft
benefit by any this ; intended at all to break down
any existing met net. lie should, however, lib.
stain from stating ady more of that part of the case,
until he elionlel h-ar any objection stated as to the
policy or justice of the traustetiou. The next part
of the agreetneot which lie rhould Illittle to, was
thst which related to the a lean of three millions
of money, advance 1 by the Puede tit the public ~in
conrideration of the Ina v.:fit 'and advaittatte the Bank
had derived from ths mana,eemetit of the public
concerns, and the great aineutit of balances uatelairu-
ad remaining in their lir nils. The overage amount of
the balance in the hands of the Bank is stated
to be between eleven mid twelve millions but
in the calculation they had introduced one item,
which could not be considered as a public balance ;
be meant the Mina of 4,500,0001. belonging to per-
sons in the United States Of America, which they
themselves might have the power of disputing of
to advantage. • Deducting, therefore, that sum
from the amount of these balances, there would re-
main a total of ten millions and a half. It would
appear, that from the eennomical utteitiiiiii that had
been paid to the awe of the public balance, thee
was more reason to suppose that that balance
would not inerease during the continuance of the
war. The Committee had been led to form this
etpeettdoti front the grent anthority of Mr. Pitt,
in his communications with the Governor of the
Bank, eetablielting the general principle of antici-
pation of those profits as acing from their est lasive
privilege of retainiag pubic: matey in their hands.
Having now stated to the !louse what be coneeived
to be the amount of these hiatiturea, he efliould next
proceettn state what wee the present situation in
which the public stool as to she Peek. By the
advance of three millions and a half, formerly
mairlii -by the. Bank at •hree per cent interest,
the 14oese. must feel that a great advantage
world hl' likely to arise from its being nutlet the
legal rote of interest. The public had the benefit
of whatever might be the *amnia of the ter•-
tsitwi which the difference of these noes of
inter at would elf td. He reckoned this saving
to ammint to I;7oll,afth pnilfwis• This W 34 a
nagociet'am wfilefi had been en contemplation at
the time. of Mr. Pitelerigneiiiioes with the Rank.
Ile had now to trader to thh'Uottse au armee...-
meet which had lwen arseitted its by the Book, to
;:;11. to the pobite e3.50t11,01W/. duriiie the con-
tinuance of the war. Tal3qli into co.eideretion.
therefore, the arretteemegt abiiii time Noble Lord
opposite fLnnl H. Petty) hail merle feet year. the
public wonted have mere than a moiety of that
which seas to be their fair proportion of the habuive
of isaidalincd dividends : on that the eornin'ittee
*ogler see ilint the promerition that had been ten-
dered by Ciovernn.sut to the Bank, was one that

gave the public a fair and Complete participation
of throe potits, to the halt exten► of what
'ratc^-been retierfaably expected by ittesq tri• had,
framed the original 'ropdre 'Co this. two points
liela I to add the loan which the Batik iwur within!, •
to advance on or before the sth April nest, for the,
public service in the present yew, .oniouuttug to
three millions, without interest. That principal
was to be secured by Exchequer Bills, to be de-
posited in the hands of the Bank, payable at the
expiration of ale months after the ratification of
.a
general peace. Some misunderstanding bad arisen
at to the unclaimed dividends. What he had sub-
mitted upon that point was not with the approval
of the Bank ; hut he. begged the Couiimtthe to
advert to this, that what he had proposed could be
done without the consent of the Bank. The dis-
cussion upon this point had originated from the
rummer the propositions-were stated in the repot t.
lie had referred the Bank to the statement of nu-
claimed dividends given in the Act of 1791, when as
the Bank gave a different construction. Upon
this footing, the Bank said, that they were entitled
to take another mode of arrangement; and that
they had the consent of their proprietors for with-
holding their consent from what had been proposed.
by Gorerunse.n. He apprehended, therefore, Par-
liament could have no difficulty in acquiescing
in the reason and the legality of the measure
adopted by Government, and in seeing that it
was an arratigeineui. SallilltilkKeol4o to the public,
by diminishing the public burdens. He should he
extremely glad to bear any observations that could
be made ia opposition to any part of the case. He
was perfectly satisfied the more it was examined,
the snore it would appear that there could not
possibly he any just gromids of complaint on the '
part of the Bank, or that Government had not
acted fairly upon the sobject. It was material that
the House should nut think that there had been any
eadearoors, on the part of the public, to take an
unfair advantage, or to make en undoe profit of
the Bank. It was important for those who had not
followed him in the course of his arrangement, to
be informed that it was perfectly competent to Go-
veriiment to make use of its own money ; and that,
in point of fact, what they had seen in the public
prints upon this subject, was not a fair representa-
tion of the case. It bad been represented that the
Bank bad been leudii.g. to Goteromein those savings
which ought to hare be en divided as u espitul amotigbt
its proprietors. That was not the true character
of the transaction. It was not money arising from
theiesavings, hut it was looney arising out of our
own deposit., which, when in their hands, WI
prove.' an advantage to them. The Right lloti.
Gentleman then vonclialed with moving,
" That out of the uattaitactl dividends a sun of 500,0001.
shall he in:ranted fOr the seethe of the pertain year, wader
silailsr provislot.s to those 'intuit:ell in the Act of 1791,
cm,. 33, and in *Manua to the sum of 376,791. already
advanced epos that account; but so as to stelae that (Le
mount of sae% dividends remaisiag in the lank shill saver
be his than "Oo,onol."

Mr. BANK ES said, before he could admit that
an advantageous ba►gaio hid been made by the I
Right Honou:able the Chancellor of the Exche-
quer with the Bank, he felt it net-every to make a
few obsenatiotis. It was most reasaaabk, he
would admit, that the public should have the use
and advantage of this money, lit o reeled perfect secu-
rity existed to the pnopvietore. The balance of
those monies. net the builds of the Batik, it was
wisely provided, by au Act of Parliament made iu
1791, should never Le reduced to kiss than
100,0001. He was glad to perceive that tne Right
Honourable Gentleinea had kept within that pro-
vision. It did not follow, because the Bank bed
conic into this agreement, that it was the most ad-
vantage ous on that account. in 1786, when the
public burdens were very great, and very pressing,
the Bank, on being applied to, offered to do the
national buoiness on terms considerably more bene-
ficial to the country, than they have teen agreed to.
That the Bank should be allowed 3401. a minim
for too millions, wets an agreement he could riot
help thinking highly injurious and disadvantageous
to the public. tie recollected, in 1786, that
great Statestsuin, Mr. Pitt, had made arrange-
meats with the Directors for a loan with the Bank
on terms much more ndruntageous than the Right
Hon. the Chancellor of the Exchequer had procured
in the present instance: yet the Howie was of opi-
nion, that better terms might have been obtained.
It would he more desirahlc, he conceived, that a
larger rate of deduction should be made from our
National Debt, than that a loan should be had in
the present situation of the country, on terms so
manifestly diswelvantageous. He nould call upon
the Howie to reflect maturely upon this agreement
with the Bank, before they would give their sanc-
tion to it. It was very well known that the Bank
were in pornession of the current coils of the coun-
try; and that they could, without the smallest
inconvenience, hand it over to Government.
There could be no difficulty in this, as they had it
in their power to substitute paper currency. To
those convenient with the banking tnute, this he
wits convinced wontd appear perfectly clear. They,
the Bauk, might issue paper to any amount, with-
out, in truth, having advanced any thing real.
There was nothing to prevent them ; no trouble,
hut that of obtaining paper, engraving, &c. The
public, he was willing to acknowledge, had de-
rived considerable advantage from the conduct of
the Bank in many instances. He was not an ad-
vicate for any practice that had the tendency to
create an union between the Bank and the Govern-
ment. Ile wished to see them completely and to-
tally independent of each other. Difficulties and
disadvantages to the public, he feared, might
occur front too close is connexion. The agree-
ment proposed, and the exorbitant rate of allow-
ance made to the Bank, he considered radically
wrong. If the Right Honourable. the Chancellor
of the Exchequer had rtrom„-ly urged these reasons,
better and more advantageous terms might; in his
mind, have been obtained. He trusted this trade of
allowances to the Bank for tareliies advanced for the
public service, whet such advanee could be in no
manner inconvenient to the Bank, would be put
au end to. ►f, however, there was no alternative,
and flirt no better terms could he had from the
Bank, he would prefer taking the loan, with the
dioadra oitxtes, than not at all.
Mr. TIERNEY agreed that this important sub-
ject should be discussed with the utmost temper.
as its cowl:tie:libel nature rendered it difficult to be
apprehended with clearness. He of uertniol

feel it his duty to object to the %hole tratracttek
and was decidedly hostile to the ineasurts the
Chancellor of the Exchequer had entered into with
Mae Bank Directors. He admitted they were hound
.to sea the Bank Directors should not make LI
thing out of the ordinary course by the public, yet
they mere-also -bonnet to tree the public should not
make any thing by them. They acted, and wawa
always act, as were mercantile men, even on the
allkirs of the nation. They had in their eustotle
!large balances of money, from which they de.
rived an interest of 5 per cent. annually. Maw,
would say it was hnrd they should possess such Iste
balances, when the country cmitil for such not
supplies of money. This 1 admit ; but the mode
adopted by the Right Hon. Gentlemen was not
caleulated to benefit the country by The intended
loan. He had expected they should have untie,.
taken the onauagementof the public money gym,
nor was this unusual, since every banker in this
city would have done the same; or rather weei
they not have given a customer, who would de-
posit in their hands a million sterling, a
considerable bonus per annum, for the nee ofthe
mone;• in discounting private paper at considersi4
advantage ? especially when this, or great part alit,
was permanently placed in the bank-WS band,, by
the depositing of fresh instalments boos tine to
time. If the charges of management had cr. the
contrary been subductetl, it would assist in tittneit..
ing the National Debt. This was not a perish
above all others for Leaping unnecessary burdens
on the public. He did not ooriertoanti what the
Right Hon. Gentleman meant toy the nation pat.
tiapating in the profits of the Bank. If these
words were to be undeisbnadliterally, nothing tout,'
he more improper; it was an encroachment alga
their peculOur property. if he conceived it right!:.,
the Bank was undeservedly consuming the rt-
sourcing of the country. Ile wished to want
the Right Honourable Gentleman of the
feet thie might produce m riding the expecta-
tions and encouraging the designs of the enemy ;
it was evident that nothing ut present vem-so de-
sirable as that the resources of this country oficithi
be competent to the maintenance of the war to HUY
definite period. Ministers themselves bud vainstea
in that Blowie their sanguine hopes, nay, their con-
viction, that such were our resources. But how
would this uaviumre be interpreted by ties enemy,
when, in order to induce .the Bank to lend the
tattling sum of 3,000.0001. without interest, the
Ministers were obliged to bribe them into this con-
cession by an exorbitant allowance for the ma.
Garment of the public money ? Nor would it he
bur even to take the gnuit of the Batik, provided
it were not, encumbered with oklber inconvenient

results than those immediately eifteling the Beak
itself. It should be recolledted. the evraiment
of lending money without intent.* lad *On tried
in France, and peeved ensucoassd W. The Batik
which had the. eillveseed the money, had, in cote
sequence of its indiscretions failed. He did Het
Wish to discourage the Bank.viere they inclined to
step forward uteeitorionaly fisr' the public 'eerier.
It had been Mated, that the Bunk Directors bud
cordially arced in the principle on which they huh
advanced the lean of 3,000,0001. ; yet come part of
the papers would he fou& to contain sentuninge
rattier d;fricult to be streaked in support or
assertion. It was there stated that it would be
highly imprudent in the Bank to lend to Ginfere
went one-half of the presumable capital in bawds. •
The present conduct was a itilsont precedent. It
was an advance of a peculiar nature, and certainly
such as the public shonkl not secede to witheut
knowing the circumstances of the Bank. It IA
been rend they had made considerobk profit., La;
these they had ea rapidly spent. Since the yea
1799, they had advanced four millions in dividt uric
to the proprietors. They had also increaser: the
per ceetage front 7 to 10 per cent, and added ,ti.:
millions to the uuttonal debt. These were CCIIJI•
deratious of weight, which should keep the coun-
try from expectorg a large deposit as yet remain-
tug in their bands. It was then the first duty of
the Hattie to take off the restrictions under wilkii
Parliament had placed the Bank with respect to
the circulation of paper eitrr?ney. lam the present
case the Bank had lent the country three millions
which bud not cam them threepence. Astir 131
it referred to interest. he conceived it all perfectl)
fair, but i.e to the principle so which the lean was
made, he totally dissented from the Right Honour-
able Chancellor of the Exchequer. He thoilatt
too much had been given to the pAaprietera 10
entitle them to any ghat applause, or even to art
justly to the public. They had osteutatiotadv
acted on the capital they had formerly poi:seised,
sad the protite made by theta. They, like some
merchants who Mt up ibeir coaches on other ; cc-
ple's property, had expended sums of' money at
buildings, (perhaps :necessarily), and in raising the
numbers, and salaries of the clerks of the Beak ; :, • t
these they did not yet molder milcient, and "1i
this account the country and her concerns must lie
additionally timed and encumbered. if the niodi
of managing the public seem had been referred
to the Committee which hii se ably drawn ea
the Report, they certainly would be able to eiw
better advice than such as the Right Honeuml.!o
Gentleman had adopted. He conceived the Lciiii
might be raised much more effectually by Exch.:-
quer Bills not bearing interest fora certain perii ii.
This would meet the exigencies of the times, %tith-
ing infringing on the private property of the Ba. i..
He recollected, on a former cavemen, Mr. Pitt ly.l
come off second best, in a contest with the Lie.t
The Directors asserting it wen istimeaible tc ',ft--
eyed further under such large advances to the ei!,
vernment. These advances had been contirin rii,
increasing since, and %retold most uaturally be fi-
gural by the Bank as valid grounds to refuse fur-
ther loans without additional indacements. Mut
he could not see why such arpuitetits .could hare
uny weight on the thine:eller of t: c Exchequers
to induce hint, of till meu in :lie world, to accept
their terms, and, whet he most objected to.
to accept them in perpetuity. This was .t...!:
grand subject of' objection with Lin. If ',h.
business were referred, as- he teiggreded, to t!
financial committee, he was (1011V111:',4 it won',"
concur in the oi:inion, that there was not a stile
rieot ndrutitoge. given to the Bout in interest,
while the principal was utterly extravagant n'd
unpreeedeuted. lie thought the Bank lity tracer
a great weight of obligation to the Cietneellet of
the Eseliripter, oho had, lir hi; provident :41-i•

RI

the purpme of making a motion, which, uncut. the
" face of it, he .ought could tent be objected to, al-
though he bad not given such a previous notice as
fixed the partieular day for stating it to the
Home, tie should move, .• That there be laid
before the House :an account of all captures made
, • by the naval force of thiscountry, at the chipots' of
tie Crown. since 17:2, specifa tug the satin arising
from each capture aei to the present day?'
The CIIA.NCELLOIt of the EXCHEQUER
said, that the most regular mode would be, to give
• notiee of each a tnotiou. acid Cheri would be no
lour of time in doing so, its some Hotrourtable Mem-
'etre might, perhaps, think of objet tieg to it,
*though no real objection might exist to the grant-
ing it. If the Illouourable
,Ilaronet thought pro-
per to convert his motion into a notice for to-mor-
row, he (the Chsiteeilor of the Exclsowser; would
then be prepared to state, wh it should not be
griatel, or that the terms of it should he motii-
Olt-FLOW% BURDETT intimated, that he
bad no objeetiom to comply with the wishes of the
Right lion. Gentleman, and therefore should
withdraw his motion for the prestent, and consider
notion given for the production of such a docu-
ment to-ntorrow.
CURATES' sespExstoN BEPC.%L %ILL.
Mr. DICKINSON moved the second readin::
/Sato en
bjaet d
tdit. andindoi %ei that
so, took en enlargedid been
v 4
view
Mpg to it yesterday.
kitarodneetl.Lloqz coneernition, in which Mr.
toomeit tar, Mr. WHITSREAD. and 117. SHERIDAN,
eAte against the measure, and Mr. Lusatecrrott
Doctor LAWRERCE, and the CHAN IdiLLOR of tin
Eat :manes', tinned in favour of it ; after whits).
the ell was WWI a second time, and ordered tt
be coin maned to-morrow.
117tIDGEWITElt PETTTIOW.
' • Earl TEMPLE moved the postpone nest of ihi
day Reed for the coosideratiou of the nridgereate
!Election Petit:um, which stool for the 17th o
March, So the kith of April ;lit after some con
veriest:ion between Mr. Ashley, Sir John Newport
Mr. Roar, and the Chaneellnr of the Exchequet
the Nobie Earl agreed to withdraw his motion, re
sweat of the ohjectione that were therein mired
Earl Temple Lid !tr. Henry Martin several!,
gave notices fnr the oroluetion of Dupers, the na
• tare or substance of witted we could not accurioel
• collect.
Mr. SHEEI DAN Etre notice, that he shouk
on Monday, mo7e foethe production of anyanste
municatione or en:uteri:irk-nee between thi
• conutry and Stockholm, subsequent to the seizin
of the Danish sect and the surrender of Coper
hatim
The above notice was at fi-st given for to-ewe
, ,••• • -tow, but at the desire of Mr. Canning was post
paned till Monday.
itAnki seGitEFXrICT WITS. t3tIVERIVNIF.NI
The CHANCELLOR of the EXCIIE.QUEI
was rising to move for a Committee of Ways an
Means, is order is submit the comintinicutions
twee.'. the Bonk of England cud His Majesty
Government to their coasiderstMo; when
Lord 11. PETTY expensed a wish, that hero'
going into that Committer, he might have or
pant cleared up upon the sablect, which IT di
not well comprehend. In the liendetions of ti
Ilstuk Directors it appeared, that they agreed I
the last Resolution, namely, to the luau of thri
millions upon Exchequer Bale, without itttrtea
daring the war, meter the complete understanf
that all trausy•tions between the public ac
the Bank shouM be continued in the seedstouti
manner. Now he wished to know, whether ti
Right Hon. Gentleman had assented to that wade
standing ? If it never was totter/tied to wake at
:tu a:ter na in the tritiriartions tr.twee:i the Bank sr
the Excbellier, how arise that inconsistency whir
wars evident in some of the lettere? in one lette
that Right Hon. Gentleman bud stated, that I
should not be precluded front any excess of b
lanes above the three Mt; lions ; and in another, 1
had stated, the it never was his intention
elubhiltallejliehlteration in the course of busine
beton,. Ole Bonk end the Excherpier. No
be (LeitS if. Petty) tlid not know boa the Chit
caller of the Exchequer c. rid possibly avail his
self of any caeca *bore three incite:as.
The CHANCELiAtIt of the EXCHEZ'E
aaswered, that the last litter be serf,?- to the liar
•
was in order to avoid aty morierigor•it unstinde
Mending. The words of that Not.-, upna ti
point alluded to, were
" net the Cask shrit. on or hef we the sit, or Ar.
8114. SertißCß lie the public service as the prevent st 3
thootoont. by way of :wan, wittiest interest ; the priorir
lobo stwand by Excite/tier Esti% to be deposited in t
.fast of the talk, payabUt at the expiration of six *not
-OMR the ratileatioa a a Debuttire Treaty of
" Aud it ie understood that during the enetkeositte of ti
•_
einem by the Bank, altrretiort is to be propelled to t
piperst COWIN of banner, between the Beek e-t 4 the
b , IMP UTy reanletioa introdneed, by wh;rts the s
sew he law diverted t he kept al the Bout, shit
era *via theaee."
• •