The British Press; or, Morning Literary Advertiser.
London, England, 1819-05-21 00:00:00

I

LONDON,
FRIDAY, MAY 21, !sig.

0i.41.

promise which be formally ante to Dentuask ut
1807, to compeliwite her fur her losses in
rydruce of her attachment to itiirria, appear; to
have displayed in the negociatimis mov petioliog
very lively zeal for the iiitererts of D.-mit:ilk.
" There negociations already began to torclipr the
tit tention of the political *cold, when circumrtativer
which ate altogether foreigoi to this Ktfair ttuve ppeea-
sin') to v, ry hazardous conjeeture•. The %num;
Police Gustavus was seen to receive mask. of
favour from his uncle, the Emperor or 1t0..., awl
to prepare far a jouriley to England. iiiiner 1111'1!..
fist!), the ',resumptive heir to the Crown of Siselleil,
was seen, during his tour iu Germany, to !mite
hittirelf in 'personal friendship with the family of
Vas. A Princess of this House was reels to 'mite
bersr If with the presumptive heir of the (;rand
I),.rhy of Baden. Oil the Wier side, rumours were
lit ard alliaoces proposed mad refitted, I reports
the inta4 ei.tramitamry were et...vitiated ; among
othp-r4, that Swrplrn, not heing aide to pUppOrt the
of the debts of Norway, would content to
tide Notwar to the young Gr urd Duke of Olden-
b .Ig, Pon of the late Quern of ‘Virtertiburg, tarter
of the Emperor Alexander.
" The advaidage of a better equilibrium in the North
would recompense I)mmarit for her pecuniary 'Ke-
tt-Is...imps; but the establishment of a laranch of the
Horse of Ilulturits Oldenburg in Norway would
naturally lead to the re-ertablisliment of the Moire
of Ilnlstein Vara in Sweden, and one might eerily
imagine the formation of a family compact in tile
North, which would procure for Russia an immense
iii-violopentent of her marine, and would give to
Uruntark and Sweden the advantage of her intr.
tectotti and the tirsurairce of peace."
The letter, after tome further obrervatiour, cm].
eludes by asserting the falsity of the several rumours
its circulation respecting a preiporal raid to have
het is made to Charier John to abdicate the throne
of Sweden.

BfilTlSll CATHOLIC BOARD,

NO. 2, sTOICE.OUILDINGS,
LINCOLN.s-INN.

The Board will meet on Monday next, the 24th
instant, at Two o'Clock ; his Grace the Duke of
Noarol.K in the Chair.
EDWARD JERNINCHAM, sec.

B ; ?..1` S' i. .PRE SS S.

bile of the first f'rui►s of the late victory of Mi-
nisters is their ungracious. (may we add ungrateful 1)
Pbsi:dmittient of The Courier. The CliaNcEt.t.ou
the Exctituusa, who is by nu means a rash
Man, last night disclaimed its advocacy. When
iVAr. CALLAGHAN, the Member fur Dundalk,
pressed for au explanation of a paragraph in last
cis ht's 'C.:wirier, which stated, that the repay.
saga of the ten Indim* due to the Bank was
to be paid before February, 18'20, and pressed for
upon the known understanding of the cordi-
ality between the Miiiisters and The Courier, the
UHANCEI.LOR of the EXCHEQCLR, %rill' an eneigy
iii:ll promptitude not akiii to the meekness of his
nature, made use of these remarkable words—"
4 forbear saying, that much has of lute appeared
in that Paper—(ff/sot ! The Courier')—on this
question, of which I entirely disapprove!" IVllat
the " ministerial organ" of the public press
ray to the CHANCELLOR of the F.XCIK,CIUER, when
he thus exclasuis—" Save use from my friends, I
can protect myself against my esirmies ?" Thus is
►eally very ungrateful treatment fur The Courier,
that stood by th• Right Honourable Gentleman
throughout all hi* difficulties. This is at least
quite clear, that either the Government be not sin-
Cr re, or The Courier has lust it- cotilideoce. There
is no escaping this dilemma. Between the parties
he the issue. In the humane language of our law,
•' God siel.d them a good deliverance :"

Yesterday being Ascension Day. the Lords,
who are scrupulously observant of the church
holidays. did nut meet in Parliament.
The Report of the Lords' Committees on the
affairs of the Batik of England and the general
currency of the country, will this night be takrn
Soto consideration. The Resolutions which will he
peoposeA iOr the adoption of the liouse. by the
Earl of HARROWBY, as ChilliMall of the Com-
mitter, were, as we have already appri.ril our
readers, laid oil their Lordships' table on Monday
vitell. and the substance of than was correctly pub-
halwd the following matting in this Paper. 'runs
night also wovoriginallT appointed for the Illa(1111.
*KM of the some ,abject in the Hasse of Cum-
MOW; but the debase has been there postponed
till Alottday, probably from a feeling of the
inconvenience and disadvantage which would re-
Solt flow both Hooter being rowed in the
issue discussion oil the same night. The Resolu-
tions which Mr. PEEL, as Chairtnaie of the Com-
mune Committer, purposes to moor, were laid ou
the table on Wednesday night, soil appear this slay
be our Paper. 1:1:•iog founded on simile, view.: of
the sulsject, the Resolutions its both lionises are, of
course, riandar in principle. aid only differ so much
to expression as the forma prescsrheel by usage to
either House inure retidereci necessary. Thus while
Lord Ilseeowav's Resolutions are merely 'Arms.
tory of the grorral principles recognized in the
Report, as thus which should govern Pailiswent,
in prescribing to the Hank the easiest and lea- dim-
arrant mode of resuming cash payments, those pre-
faired by Mr. Ptm, are more express and definite;
they imertlitill WWI greater precision the preliminary
reps to tr adopted, the gin:Nations of the Rank
iu Its pros fry% towards iityMritt, Mid the perthd
hen this great object of our desires shall be finally
occioni,;:sord. I;y she forms of the Constitution,
retry ittea,ute, having Walton to pecuuiary matter',

mug ori7sintite in the Ilon.e of Commons. and
therefore it would lie nugatory in the other liout.e
of Parli..rtient to form an early oinnion on such
topics when it could proceed to no practical result.
The greatest difference between the two sets of
Resolutions arises from this circomstauce, and con-
sists in the recommendation contained in the Res°.
lutimis before the House of Commons, that a
repi}ment to the uninusit of ten millions
should be made ill the Bmk of the sums dote to
that body by the GOVerlllll,ot ; but the necessity of
this measure is slim Tv:twit...y(l iu the Report of the
Lords' Committees.

Oil (lase fiesolutions a great diversity of opinion
prevails both in Parliament and throughout the
country, but this arises, as we firmly believe, from
a nosstopreliension of the nature of the proposed
arrangements. There are, we are aware, some
persons who would not approve of any proposition
teniliii.; to the resumptim of cash payments by
the Bank of England, who are perfectly contented
with the present system, notwithstanding the fre-
Tient and sodden variations that result from it in
the table of all the property in the country—pos-
sibly because, trout the general confusion and the
calamitns of individuals, they, by their superior
dexterity and command of capital, ale enabled to
derice a considerable profit. To such persons
the Reports of the Committers present insu-
perable objections, because they seem to put
some limit to their present course of success-
ful There are others, however, who
adopt the opinions of tho e version!, without their
martyrs, and fancy that the Bank, heing under
the necessity of reducitig the amount of its issuer,
will he less able than before to afford accotamoda-
tom lii iiirrcbam►s, manufacturers, and othets, by
discounting their lolls; and thence they argue, that
the resumption of cash payments will, in the words
of Sir IttremeT Peet.'s Resolution, •• embarrass
trade in grortal, and injure public credit, agricul-
ture, manufactures, and commerce." It must,
however, be at the same time borne its mind, that a
very larue sum of money will he repaid by the Go-
vernittent to the Bank ; and according to the evi-
dence taken hetore the Committee•, the Bank will
Ire enabled to iiicrease its accommodation to the
public in the direct proportion of the sums of
sssss *ley so repaid. In such a case, the public, so
far from sustaining an injury, would probably de-
nse a considerable benefit from tilts traiisaction.—
Tte utmost reduction necessary, will, in the (Ti-
mor) of practical niers examined before the Com-
mittee, probably not amount to four millions;
witch, if taken Isom the ten millions repaid, will
still allow to the Bank a disposable capital of six
millions fur corituoring, cr rather inert asigig, its
Customary accommodation. How far the redut tion
of the Beek Issues will affect the foreign exchanges,
is a point on which Mere appears to be much diver-
sity of opinion among the witnesses examined; but
the balance of evidence dtettledlv intelines to the
►mpressioti we have ever entertained, tint?, exclusive
of the operation of extraordinary and temporary
tit co instances, the foreign exchanges must outlet go
au injurious toliurtice from a superabundant in-
crease ill the IA tz medium of the country, no
matter of what material that t•irculitiou may tie
composed. The Directors of the Bank, as may be
stria from their Resolutions, which we published
yesterday, replies's:lo opinion to the contra►y; but
if such were their actual sentisuristo, why do they
so earnestly demand the repayment of ten millions
by the Government, for the avowed purpose of
givitig them a control over their issues ? %Vhiy
should the • require a control over their issuee, if
the of those issues hid nu influence on the
!owe of gold or the foreign exchanges? There is
sonic ill this—and iu such a case,
from their actions, and not their words, are we to
collect the real opinion, of ,he Directors. The
principle that the price of gold depends on the
quantities of paper ins circulation, is virtually coa-
ceded, and the public therefore may well ask why
the restoration of a certain and fixed standard of
value should he postponed fur four years longer ?
The detetunatation of Parliament on this point is
looked for with lively anxiety. IVe du out re-
member any subject on which the ()pillions of die
public are MI much divided.

A Flanders Mail arrived last night, with Papers
of recent date.—The following are extracts

FIANOVbA, MAY 7.
On the lit of this month the county of Spueelhorg, cedrd
by the King of the Netherlands to the Prince Regent, fur the
Kingdom of Hanover, was shimmed to M. Numcyer, the
Hallo% I'6Bll Cumini,sioner, by M. De Hoffman, Commis-
sions r fur the Netts. t lauds. The county of Spugelbsug was
foi inert) an appanage of the House of Hanover. Thus the
report, that this domain had been ceded to Count Munster,
is *betty unfuuntled.

WATRUltell, MAT 11,
A courier has arrived at Lisbon, seat by the Aliiiister of
sPain "siding in the Hailed Mates of North America. He
is going to .1.811.1.1 with the Cotivenii )))) bttwaeu Spain and
the Vuited Mates, for the cession of "'kinds.

From the Paris Payroll of Monday last, which
have arrived at our Office, we have extracted part
ors !private Inter front Frankfurt respecting the state
or the nerzociations between Sweden and the other
Powers of Europe. The letter seems to come from
some official source, soul is worthy of attention.—
The writer affirms mast confidently. that tin at-
tempt has hero made by any horei;Jo Power to
distill h the security of NEU,: IDOTTE'S thione
I and that the noly crtestioto of dispute between
the Court of Stockholm and that of Sr. Peters.
burgh was, the propriety of Sweden's fultilhia that
part of the Treaty of Kit-I, by which bile hound
her-elf to pay the debts of Norway, on cos:-
dation of obtaining the cession of that country.
This qurrhou %V.OS I,ll6llllitell to the Congress of
Aix la-Chapelle, where the decision of the Suve.
reign, was 111 favour of Denmark, meal the Court
of Russia was !particularly charged with the tenni-
wino' of this affair. The Emperor ALEXANDER
is said to tattiest himself very much on behalf of
Denmark, and sunte notice which ha lately took of
his nephew, the young Prince Cusravus, secant]
to hate given o. csaion for much conjecture re-
specting the fate of CHARLES Jonti. This
Litter Prince, however, reposes on the faith of
Treaties, and his throve is supported, as it was
originally raised; by the generally concurrent benti-
lutists of the Swedish people.

fielien, CROSTENOIL
fright. iu favour or Mr.
Couunmee ou the State

paired off on Tow's)?
I TERN ET'S motion for a
of the Maim/.