The British Press; or, Morning Literary Advertiser.
London, England, 1819-06-16 00:00:00

was of cousideraltlit importance to the health,
morals, 'and comfort of the people of that
country, lie hoped it would obtain the fullest
consideration from his Majytit}'s Ministers. Bless-
ed as lielaild was by 'mime with many great
advatages, it att+ cat her mitifortuise not to be en-
tabled fu'ily to enjoy thrift. To what calms this
should h attributed it was at that moment lint fur
him to inquire, hut it could not be Concealed, that
one of the greatest calamities that •-unlit he sustain-
ed by the people of Ireland, was the extraorthipiry
love the greater portion of that people hail far spi-
rituous liquors iii preference to malt. 'Fite evil
coutiequences of such indulgent e required un üb-
sera icon ; limit lie thought that no epportitnity
tlitould be suffered to pats without Inakh., some
exertion to counteract this evil propenstiy. instead
of withholding the tax from Irish spires, and put-
ting it on malt, iii his mind the MORI prudent course
would be to revers.. Ili a int.-mem altogether.
The Eat! of Livrapoot. gave notice, that he
wool,' move the seciiiiif reading of the Bank Cash
l'atnients Bill on Friday next.
The Marquis of I.x:vsnoms gave notice that lie
would, nu Ow Same evening, mote the set owl mint-
ing of the Bill for regulating Madhouses.

_ prepaird o .
disabilities under which Raman Cutbulica bOti red ;
Ire 'hewed this Bill to a Right Hon. Friend of hie,
who also was unhappily now no more, the lute Mr.
For, and pointed out that the title of the Bill was
tt , fur further atteuritie the Protestant religion
against Roman Cattoilies"—(4 /ungli—iii the
belief that the Bill might, limier such a
title, better escape the itiquiriug rye of ii use who
might he inclined to oppose it. The title of the
14th Geo. 111. C. 42,'svati it 14i -better preventing
the importation of light gold and silver volt) into
Great Britein viol Ireland ;" and then the dense',
went on to reatrain tic• tender thereof by tale be-
yoed a certain auuninit. This Act then left the
law untouched with respect to the tender of silver
to oily amount under 251., a•al if 'aver that it
should he received by weight. A statute, was
pissed in the same Stl.llloll, 14 Gen. 111. C. 92, by
which the officers of the Alia were commanded to
furnish weights for the silver soil gold coos, and to
uppoitit permits* to distributte Rein. A invelausa-
-11011 was itubsequentty published. appointing some
person its Fleet-street to sell them, and stating the
weight of each piece of money. Thence it was appa-
rent that it was the wish of the Lee's; it ure that coo
should he taken by weight, and not by tale. The
Noble Lord then argued front other statutes, which
he enumerated, that silver coin wits not a legal ten-
der by tale. —The second qiie -bon 0:tiell he should
propose to the Learned Judges, %14`... (ie of more
importance, belt on this he shoot,' ten twig itctain
the House, as it lay in a narrow compass. Ile be-
lieved the Noble Lord opposite, its correspontleucc
with the• plan stated to Parliament, of milking gold
the sole measirr of settle country, ineatit by
the Act of the 56th of the King, c. Gs, loud by the
vubsequent- PrOclanatans, that the geld culla
should be mode the standard. But whatever were
the intentions, 'it was now next-nary to ascertain
wii-ther gold or silver were actually the legal stan-
dard of value. The 56i Is of the Kaig, provsdtd
that no greater sum *batik' ILe given fur gold rani
thin that which its legal desiontiviation required.
A vast difference had, however, latch et'', veal be-
tween the valor of silver and gold. Nettle Loads
must be aware, that previous to the sGth of the
King, gold and silver circulated, or were marmoset'
to coculate, in this country, at a proportion of one
in gold to fifteen one-liftetaith in silver. If an
inquity had been instituted when this propoition
was about to be altered, it would have been found
that gold haul beconte proportionably more
valuable than silver. The. proportion maintained
in the French mint was one in gold to fifteen one-
half in silver, and from this no greater deviation
had ever taken place, than the very trifling one of
en eighth per mine. Since the recent alteration in
the original proportion between the coins of this
country, it was. question whether the value of the
silver was raised, or that of the gold diminished.
Noble Lords must know that either must take
place for the equalization of the coins, for if a dif-
le-fence existed between the yard of Scotland, and
die yard of England, one being longer than the
other by an inch, sett if it were found
necessary to equalize both, this must be elTerted
sillier by adding au inch to Our, or taking it i ii
the other. Ile was aware that it was the intention
•of Government to raise the silver, and it was ar-
gued, that as the quantity of silver is; circulation
depended altogether upon the Govettiment, it was
tOmpetent for them to reserve the silver in their
• own hands, and thereby create such a scarcity as
would necessarily increase its value. It was, how-
ever, declared by procleinatiole that the gold coin
should not pass at a greater value in illver than was
expressed its the proclaulation, and ii any one took
more than 20 shillings for a sovereign, he should
suffer a certain punialneut. On the tat of July,
whets the gold was thrown into circulation, a pro-
demonic) was issued in which the value of the se-
veral pieces was assigned, sail it was " ordained,
declared, and comaiandeddhat gold should be the
current and lewful money of the rental;" and that
the gold piece should be called 14 a sovereign or
20 shilling --* was
this

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PRICF. A 'VAN-I'ENCE.

the some Manner hie Majesty's i.y
;Ina gold to silver, reurtered silver 'lir alteii.ir
measure or valup. ‘t, hat IVets the we 1,1 11.0.41
of Pirdisineht which rrpre7iitra wold 4. 41 1..

floe ..1 one time, 3/. 19.. 6.1 °wafter, 'HA
17s. 10/4. at N thtr l ? Dud ot.ot the u-e of rods
forms of expression imply an ackolooleAgiii• its Iliot
od not gold WIN the itfiNialliril of vnthe. in 4
einopecpseritly the legal standar4l4 ll serail4l
Itiestiou, therufwe, winch lie oi 14 trioi,r.e to tl.e
rar.,606,•
illiigiiidtahrie
it lasebteAlcutetovt
prtuchirel.,3ll6Znii:.
. site silver coin elEptoliseid with gold, by riiinesg
silver_ to the rtlNp. of eta, or boy lowertog gong to,
• v.iltie of silver " 'On these- posints lie Iwok
ma to hear" the opinions or the Lesriii-d Judge.,
whatever may be their answers to his question.,
.; should bow implicitly to their isiatliotity. The
Noble Earl cow:Ward by nioviiig that the JarlgeS
he summoned to attend this House on Tunisia)?
nest.

The Carl of LtrrnrooL acknowledged it to he
an important point of the privily es their flimsy,
that their' Lordshitta could call upon the sages or
the law to give than their opiniom, upon arey fault.
je:.t of legal difficulty; but be donlard oat ttoft
he would receive the sanction of ;he House when lin
said that it wus wither fitting nor more to requite
the attendance of those learned persons, whose rains
Will 1.11 WHO occupied with the multi;olicity of their
businesa, toilet's a very suffiereut cause were made
out to justify Nadi a requiortion. The if/W.llolr
thin was, whether the Noble Earl had mode out
such a c•,se ; mid for hit own part, he did trot see
how the uttendaace of the Judges, and the heioiott
of their airswert to the Noble Load's questiona, could
facilitate i., any degree the proveedings of the I liaise.
He would not enter into the quest jut, whether the
56th of the king, mid the stilaaefinent
were prep:teed in a 'corky...a/dike Mariner, but sure
he was that the purpose of them 1,4,1 been exee.
elated—sure he was, that not a merchant in Lot..
don, nor in the whole mercantile world, waiving his
possible views of the policy that might have dictated
omit a measure, could hesitate about the mcatiiiirs
of the Act actl the proclant nitro, and he nail:lvrea
much how it per.oli of the Noble Lord's usual
acuteness and iat:-lli;;'elive could eigPrtaill a doubt
witetl.er gold were q:r were mat lice measure of value
in this coutary. Tice Noble Lord had div•ilcil hie
remarks into two hearta—the state of the law pre.
bone to 1797. end the %nor of the law wader the
Act of the Stith of that K•lig. He (Lord Livers
pool) would not ;nitride their Lordshipsat any
on the first put it. His opt ~ ;,, respe.ving it was
different from that of the ?Coale Lord; for althotorli
it was illegal to ditninedi the weight of the COM.
yet if by fair wear the silver coin was reduced 20
or 30 per cent. it was still a legal lender. 'rite
House were aware that until the recent alit.rit.
tion, silver was the *bambini of value. This was
limited .by the Act of 1774 to sums below
2.5/. but this law was subsequently repealed its
1783. and consequently the common law then ree
aired, by which silver was a legal leader to auy
amouitt. But whatever weight might be affixed to
this point, it formed but one ingredient in Ms
view of the whole lintartion, and true on which
he had never rested. If it were contended that sil-
ver, under the ;tomtit restrictions, could force gold
out of the country, why did not the taking a large
seignursge from copper exercise the same etfet oat
both o,lver and gold, and dries both front thu
country
The more material point, however, was, the state
of the law under time 56111 of the Kinz. The No-
ble Earl opposite had endeavoured to draw an iii.
frretice with respect to the coinage of dos cottony
from the practice of France, lint could the Nolihs
Lon, skew any cnun:ry where such a liNslrtio WDa
pursued as had been adopted antler our late regu.
latious?-111ear, he4r,..frono Lord Lauderdale. I—.
In other countries Due metal had indeed liven
haislied as a standard of value. but ether -metals
at the same that* permitted to circulate concur-
rently, and it was to obviate the titradvaiitages
thence arising that the 11Gth of the king was
enacted. The Noble Lord always argued this
question as if it had never before been the subject
of discussion, and as if his argument,' bore the
weight of novelty. No one could dirty that if gold
and silver were equally legal teiuler, if the. Mint
were open here as in France to every iodi.idual.
and that all persons were permitted to obtain as
much coin as lie had bullioor if in such a case a
favour were given to one ntetol, that metal fat.
favoured would undoubtedly drive out the oilier.
But one of the great ativartaaeo or our present sy•-
tem was, that by it the country was riot exposed to
frequent fluctuations in the value of gold said sit.
ver, tow driving out the other as the pro/tortoni be.
tweet them might chance to vary. +hitter was now
as if it were never coined, it was as if so mai y coun-
ters were issued at a certain value, but sin ill effects
could nrise from their circulatuoi, as the supply
of theta must depend on the Governorrot. Hr
would not enter into the question whether lbe
proclumation were drawn up in a wutictiviiilike
manner. That proclamation Will prepared by
ine highest legal authorities is •the country, and
he believed that the manner in *lnds a *NO
limas) up could have no effect. He wan arkett,
if the silver coin were likely to drive out the
g01d,4 bow it happened that it Jul net
pre-
v•s.t the gold front returning ? It was tritely
high as 41. 3s. and now, if he were not aststakett,
gold might be bought at St. 19.. The supply of
gold mart depend altogether on the state of the
foreign
•Whether this were loth.
elated by executive issues of paper, by purchase
of Cara- - ' 1111111Jerell.

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=:••=e=2—ttegisirsPrereltunliimensw 'ilb.
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LONDON, WEDNESDAY, MiiiE 16. 1819.
--vgio..----
IMP,EKIAL PARLIAMAA T. —4olllr-----
i this selsjii4 "yew the Lttio of George litt chap. 71. , In the
the PRINCE _ --, A new giallotitit.e was st that time entileinfilisted, .
awl the . le of this statute r..c..0.41.* that the mem,
HOUSE OF LORDS, TIMDAY, June 15. gold culasekees not inotrClrd. lortAkat the silver Acts(
Y, June 16, •
. .
Maticoonorlle, etomage_ yeeEttrutected .4 . the 9*,411 lUth .of i n, vd,
referri
tit. aurpriatne Mr. Brogtirn, and WWI'S fr. 411.010 noose of COMINORts I Wilfiiinii ilk very shine provisitelia ten which I 3/. 17
I were Aerie" in ilw 9th anti In l r 411- II nor 5A91,1 the il brought top the Cali 141 Na-woo 8011, sad tile Antratli Illoorzh 10th 0— —1..44/11. IN 1 forms
ups. iiiiiiito. a Accounts Bill, to winch they desired Weir Lothian's' cell- .iiisruet ft die ..!...._ . • 4 • , . -
silver moue. were entict"d ill Silver
,ra ilengler. temente, . tiviser et IS. gold ciainoge in .Ifie Act of I courts
NEV TAXER.,
min at Eight The Earl of Thpet.wit le-agaeleave to call die I
year. 131 b Ike following I oittrati
t4hiegTlreigilln wiLeLiu clituello4,se. the Ail .l olgi
&trillion of the 'loose to a sulieet which ha mat- of the 14th Cleo. 111. c. 42, was , and .1w , Ceo.
of JACO ceiveil to he of the utmost impatience. Ile cols
wet not morprhied'llutt of t1i1.4 Act' ' inlet's- 1 s. the
fti1,01,., ime leered front the votreof tlw House of Consatous. ifit be enterti•
mod. 1
'that the Chancellor of the E kchtquor neter,tjednot ass)." ritl.w— ‘ ---'---44•101t c .wil'a not I silver_
sal - Map Jmin,ifiwillilie.hith lair diversity. the v
:;rottpo, No.lc Atifitt,•itti to lielonal C dew 4VI Pp eVidit. api
erAetween tile title of a Ball and the unsure • maim
04111401 Wm in extend the i!sitte Mit to Oust poi of the
.of the proalsinhe contained it was not viyy novel.— and w
*'——'"" United kingdom. For Irelatod he hail ever felt
_1,...2 r
tile deepest interest,iiiiil as this point was one which
is 1 1 IHe remembered a Noble Friend of Isis, rno he slit
,
'.CRADOCK. I war of entasitleralole intio iiiiiT, who had pretsite
ntance to the health. i d a Bill fr certain ! Nohli
. reperiling
.. . .

40 shilling piece." It was impossible to ulider-
stand this proclamation, unless by coupling it with
•the 01Ith of the King, and it then v:tailtt appear
Ow whatever may be the value's& time silver coinage.
lust more than 40 shillings should he given far a
sovereign under pain of iminisoument. Had the
iworlemation been differently expresved, and if.
when the silver coin was is,siesl,. each shilling was
&Claret, to be is Mite 1-Mhpart of a sovereign
it. doubt could be entertaitiesl of
„it, and instead of
basing the sovereigns drawn down, the'value of the
*leer *staid have been raised. Such a mode of
proceeding world hare bee% a mor morkesonlike
modes& doing the butinies than that which had •
been pursued. By thus referring the value of
-g hid to silver, was it Ilot evident that sibrerwast
-thus made the %%Pelisse standard ? Supposing the
Legislature Were to react that one particular quart
to iw kept in the Tower were to be the measure few
regulating the capacity .ofall othe?lnarie. bat saw
Probing that * proclamation were siabotequeutty to be
issued that thaws as t in the Tower should not coition)
more than some other quart. tu the country. was it
out evident that this other 'quart was thereby ren-
dered ;he ulterior stendard fair regulating measure?

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Pe Cent
k Ail S.,
* AreSeo
•
• .111,
svc. euia • •
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of corn, or by foreign Imo*. it !NA If iberejk•
eery then to inquire. but the coustry had peen
sold going out, and were now sowing .it su
act vt. trtatuing, lie couplet mu ire how the it..
'formation required Of the Nubie Lord (mead be of
shy was towards cisabling thew to deterioioe o:,
this point. ?bug had bad opitijals ranch more
isrefiel—those of merchant* and wets of the world,
front erbich the practice! effects of the 113C1111t1 re could

siMINM