The British Press; or, Morning Literary Advertiser.
London, England, 1826-04-15 00:00:00

stock banking mammies were in the habit of discounting bills In
London.
The CHANCELLOR of the EXCHEQUER never under.
eisal diet joint.smek conieanies could employ agents to discount
1.,e; in ',melon. (lid reit wadi to he the 'nestled introducing
Bill into Parliament sliteli would collude any clause or ex-
17as 4'ion to rul;ifl, ee wine of the Me Bill.
" Mr. PEARCE suegr.eal the prorriety of reporting progress,
aiiart uskire lease to sat
p. ;It ENFELL hoped some clause would be Introduced
gre full effect to the let!.
Toe CHANCELLOR of the EXCHEQUER said it would
0-.4 cause delay to repart progress. Ile would move that the
alleuse.in ef this clause be postponed. If it were true that the
..,„!•• pay" rendered nateettery the other clauses of the Bill, he
ce.:bl willingly adopt the chinee of the Irish Bill. or any other
eir!.reeei 311 that eoulat attain the desired Maier. fly postponing
r,ri.ression e
lan clouse the House night make some progress
ee! tile others.
claese was then postpened.
A clause wan then proposed anti agreed to. which enacted that
ee,iae eel. bank should begin to bean any, bills or noiee, an recount
sooeii be -nude out by the Secretary, or other officer, verified by
rail:. tr. which slioaa:al he set forth the name of the firm, and also
tat none, and plats of abode of all the members of such corpoese
rice, or ae ell the partners concerned in it, as they should appear
on the book, of the company. and the name of every bank este-
blislted br such company, and also the names and places of abode
two ~,oime members of such hank, who should be resident in
filet/tea, each of whom should be coneidereat as a public offieer of
such cotipane ; and the title of office, or other description, of every
such individeal, in the name of any of whom such caupartnerahip
should see and be sued ; and also the name of every town and
!dice where any of the bills of such company should be iseuel ;
and that such account should be delivered at the Stamp Offke,
where the same should be tiled, and registered in a bo tk to he kept
far that purpose, and which book auy person should have liberty to
search, on payment of one shilling.
On the following dam being pronosed, enacting that a cer-
tified copy of such return should be sufficient proof of the appoint-
ment and authority of the pollee officers named in such account or
mod t and akin of thetket that WA persons named in such accounts
or return, and also of the fact that all petnons named therein as
members of such corporation or co.partnership were members
thereof at the deer of such return,
31r. BRIGHT objected to it.
Mr. HUNIE exist haul been obrerved, as a recommendation of'
this Bill, that it was the copy of a late flesh Act. It was, indeed,
so full of ahsairaiities and contradictions that he could easily be.
here it. Here had been the whole strength of the Administration
employed for ten weeks in preparing and bringing forward this
measure, and yet not on of them were able to explain it sons for
the Committee to understand a single clause. If the Right lion.
Secretary or the A ttorney-lieneral should ever hereafter find fault
with any thing that should prcceed from him, lie would refer them
to this notable bill; anal if any of the Hon. Gentlemen opposite
should he able to point out any thing half so monstrous in any
proposition that he should make, then, said the Hon. Member,
.• let them set me flown a fool." (Laughter.)
Mr. DEN MAN thought the clause could not stand as it was at
pruseat worded.
The ArfORNEV-GENERA seid it was not his fault that
Genilenien on the other side did rot understand the clause, if they
sould not take the trouble to read it all through, but contented
themselves with stopping at the end of the first six lines. This
clause was mined exactly terhetion from the Irish Act (a laugh)
which hstl been in lance several months, and no objection had been
made against it. The lion, and ',earned Gentleman then read the
clause, and observed that he apprehentltd it to be perfectly intel-
ligible, if Gentlemen would use the ordinary means of understand-
ing it.
51r. BRIGHT thought that the certified copy of the list of'
mines should not be conelnsiva evidence against persons Whose
names might appear in it; because it might happen that the Secre-
tary might insert the names of individuals who either never had any
connexion with the concern, or who had withdrawn from it before the
Batik failed; and judgment might issue against such persons with-
out their being aware that any action had ever been brought against
them.
The ATTORNEY-GENERAL said such was the liability of
every person at present. if he did not think proper to come forward
and disprove his liability.
Mr. DE. lAN—Nat so ; for by this Bill the party would not
he sued hiniselt, but an officer would be sued ; and yet all the
liability would attach to the individual whose name appeared in
the return. By the common law every person against whom an
'vino was brought had notice in a variety of ways before he could
be fixed by a judgment; but in the csseabefore the Committee,
judgment might be signed without a single notice being given to
the party ageing whom it was executed.
The A'I"I'ORNEY-GENERAI, said a variety of Acts of Pare
temitnt had a clause precisely similar to this, which did not
original: in the Irish Bill, to which so much allusion had been
made. _ _ .

---
Mr. J. P. GRANT objected to the clause, and suggested that
it should be postponed, for further consideration.
Mr. Secretary PELL should like to know what interest the Se-
crcary of the Bank could have in making a false return or the
names of the partnership. By doing so he would not only subject
himself to immediate dismissal from office. bat to all the penalties
of perjury. Any man in the emptvinity was liable to be charged
upon • f dim oath, before any liragistrate hi the kingdom and for
any crime; they had no protection against that liability but the
penalties annexed to pe•jury. But it the Secretary should falsely
return any indivilual's name and •judgment should issue, that
judgment would not be final. On an attempt being made to exe-
cute it, the party would have to prove that it. was not a member of
the co-partnership at the time the company failed, in order effectually
to resist any executicn against Lim. lf, however, the lion. Gen-
Ueman opposite could st.ggret any other mode by which to protect
the public irons this imaginary danger, he had no objection to adopt
it; but as, the course enacted by this clause was the law pursued
both in Ireland and Scotland, it did appear to him that white lie
admitted the poasibibility of danger, it was so improbable that the
Committee might with safety reject it from their consideration.
Alf. Bit II 'l' still wishid the clause to be postponed.

..... - _
ili.llE said the Bank established in Edinburgh consisted
of 1200 painters; every individual of whom either signed the part.
airship steed or a power of attorney for the Secretary to enter his
nave. The difficulty was how such a list should be sent to the
Starup.olfiee. Alight it not be competent for the Secretary to make
a correct list from the deed and send it to the Commissioners ?

:lir. Seen:tam PEEL--%Vould not the best way be to require
the publication of the names bi the Gazateil Then, if any one had
hie name inserted improperly, he would immediately know it, and
bare an opportunity of correcting it.
.Me. LT 31E would answer that suggestion by stating, that the
names of almost every gentleman in London had been published in
all the newspapers, as being Directors of different Companion, a_d
yet. on irquirv, they none of them knew anything about it.
Mr. IRV'S% objected to the clause.
TheATTORNEV GENERAL thought, if the word " suf.
ficient'' were left out of the clause, it 'add meet the objection
or the Hon. Member tOr Bristol (Mr. Bright); he theretiire
moved, that the word " smith:at," preceding the word " evi.
(knee." should be struck oat; which being done, the clause
was agreed to.
The several other clauses were then gone through and agreed to.
The Hoare then resumed, and the report wis ordered to be
brocciit up on Friday neat.
The other orders of the day were, then disposed of, and the
House adjourned at ()Ng' °Tuna.

The name of Sir George Staunton vu inserted by mistake
in the blaiorioy on tile Tow he 11,941. to the President of the
Bond of Trade.

PRICE, OP BRITISH
Blot Stock WV.,
lAtt.) Aect.
per Cent. Red. MI I
per Cent. Cont. 711 I * i
Mao Met. 710 1 I
Ilk pee Cent. 87
14 per Lent. Red. 83
New I per Cent. Vbe A SO

ITOCKS YESTERDAY.
Long Ann. litt A
India Stock 226
lAtto Acct. 22S
India Bunch 6 pm
Ea. Bills WOW. 7 9 ro
1 Ditto Wet
, Ditto Small
Lottery Ticitett 211.11 t.