The British Press; or, Morning Literary Advertiser.
London, England, 1826-02-04 00:00:00

BANK Or ENGLAND.

A General Court of Proprietote riot held yesterday at the
0 England, pursuant to notice, fitt die eonsiderthion of
affairs. The Court was extremely crowded. At twelve
the %Yellin?, Deputy Governor; dod Directem entered the ro..—
The Goieareog informed the CoOrt that the sublect upon
which they were that day assembled was one of the eflepest Imo
penance, and he entreated their most animus amender whfle elk
correspondence which had taken place beteteen his Majetty .
Ministers and the Court of Directors was read to Them, in order
that they *night be enabled folly to comprehend the Metter which
was to come under their consideration. To avoid any thins Bite
misconc ption, he proposed to read the correspondence In thE order
In which it lid occurred.
The drat paper read by the Governor was a letter iddressed tit
himself and the Directors of the Bank, by the First LA of the
Treasury and the Chancellor of the Exchequer, dated the 13th
of January, leen, and was to the following purport_
It first alluded to the recent etnbarrassmentt of the cofintrf,
and then observed, that as the panic hid subsided, and as the
commercial coneerni of the country had reverted to their cute
ternary order, it was incumbent Upon the Government to adopt
such measures a might bate the effect of preveirting the recur-
rence of evils so deplorable. Those evils, it Was argued, haft
been die result of a rash spirit of speculation, combined with an
unrestrained istue of country bank paper. The remedy was to b'e
found in a recurrence to a Metallic circulation, and in a limitation
of the period allowed by Att of Parlldthent for the circulation
of (country bank) one and two pound notes. It was proposed
that that period should not exceed two or three years from the
present time. Such measures could not fail to check the spirit
F of speculation which was complained of, because, If dithreisses were
likely to timer, their pressure would be sooner experienced, which,
of course, would produce an earlier application of a remedf.
That this measure, however, would not, of itself, be sufficient,
was proved by the fact, that in 1793, when there were no one
or two pound notes in circulation, 9 convulsion mffeli mere ex-
tensive had taken place than that which hsd reclntly agitated the
country. Needy one hundred banks had given way, and Gisfern.
ment were forced to issue a large Hamlin'. Of rechequer Bills ta
prevent still more disastrous consequences. During that period
there was in Scotland a currency carried on through the Medium cf
the banks. They had a country circulation of It. and 2f. notes,
but it essentially differed frown the circulation in the comuly parts
of England, because it rested upon a solid fdiindition. 'flit
charter of the Bank of England might have been fully adequate to
the exigencies of the country at the time it wet first granted ; loft
since that Teri' 1 the increase of commerce was so great. that the
existence of the charter in its full pin Hide must prove detri-
mental to the country. The great number of country banks thdt
had been established wwa a sufficient proof of this ttositior: The
existence of these banks, however, was not a circumstance to ble
regretted, but it was indeed to be deplored that they existed upon
an infirm foundation. There were two modes in which It was pad.
posed to improve the circulation of the country. One was the este:
bliehreent of branches of the Bank of England throughout the
country; the other, that the Bank of England should give up its
exclusive privileges beyond a certain distance from the metropolis.
The Bank, it was presumed, could not establish sufficient branches Its
answer the demandsof the country, and were therefore called upon
to give up that portion of their privileges which li-nited the number
of partners in any banking establishment. In adopting this latter
alternative they had a safe guide in the example of Scotland, which
example proved that respectable banks might be established through.
out this country upon principles similar to those which had there
been for years in operation. In England there were eight or nine
hundred banks, a great numbet of which were not ebnducted upoh
that principle ich could alone insure the safety of the public. In
Scotland there were only thirty, and these had stood firm through
periods of the greatest distress. This proved that the effect of the
exclusive privileges of the Bank was to encourage every system of
banking except that which was solid. It was for the proprietors to
reflect on the dangers attending the late derangement in the banking
systim throughout the country, and to consider whether, for their
own security at d profit, it 9/.14 not desirable that some alteration
should take place. They might perhaps propose, as they had done
before, as the price of their concession to the proposition cif his 31a-
jesty's 311 listens, that an extension should be granted to them of
their exclusive privileges for a term of ten years beyond the
expiration of their present charter, with respect to the metro-
polis. This would he catch to be regretted, because it could
not be complied wi.h. The Bank, it wet prefumed, could not
sutler by the proposed arrangement, for, while it gained an addi-
tional degree of safety, it could not be injured by any interference
with the citculation of their notes, it being notorious that the Bank
of Englet d notes had no circulation beyond the limits of the me-
tropolis, accept in Lancashire alone. It therefore became a question
whether, on the pound of security and profit to themselves, they
would not consent to the improveinent of the circulation of the
country. With regard to the extension of the charter, Parliament
titter would consent to it. Exclusive privileges were out of fresh'
but the Bank would, even at the expiration of their Charter, I
remain a c nporate body and the bankers of the State ; and, as 1 rg
as they conducted themselves well, they would no doubt continue
to be the cmtre of circulation and commerce. So long as country
banks continued upon their present footing, difficulties of greater
or less extent must accrue ut on the exchanges turning against this
el untry. The consequence to the Bank must be a diminution of
tli&r profits in the accumulated treasures which it would always be
found necessary to keep in their coffers. In conclusion, it expressed
a hope that tie proprietors would feel no difficulty In agreeing to
the proposal of his Majesty's Government, when assured that such
an arrangement would prove highly advantageous to the country,
and that his Majesty's Ministers were anxious to obtain their dept.
awn prior to the opening of Parliament.
The GOvERNOS sad that upon this communication a very
pretracted debate bad taken place before die Directors. the result of
which was, that a reply, dated January 20, to the following effect,
was retained to the letter:—
" That the Governor and Directors of the Bank of England
(however they might differ from the First hold of the Treasury and
the Chanceller of the Exchequer) refrained from offering any
opinion of their own upon the subject proposed for their coneideta.
Lion; but still thought that it was not inconsistent to state upon
their part that they were far from considering public confidence as
restored, or that the late panic had given way to the full re-esta-
blishment of public credit ; that it was possible that the country
circulation might be remedied by fresh exertions, and all reasonable
sacrifices on the part of the Bank, end that they could not recent.
mend to the proprietors any concession of those privileges which
had been sanctioned and confirmed by so many Acts of the
Legislature."
Three days subsequently the Bank received a second coMmuni.
cation, in which the First Lord of the Treasury regretted that they
could not reply to his letter, in which he had so fully stated the ob-
ject of his Blijeety'l Ministers that he had nothing further to add
upon the subject. The simple question was, whether they would
relirquish certain privileges, by which relinquishment they could
suffer no loss, and for which, therefore, they could have no claim
for compensation. If there were any conditions which the pro.
prietors might conceive necessary as accompaniments to the pro-
posed cone salon, it would be for the Bank to state them.
To this the Bank returned the following reply :
" That the Governor and Ditectots, finding that the Treasury
Committee were determined to persevere in the proposition, and
that Parliament would not be likely to agree to any extension of
their charter, proposed as the basis of their concession, that die
Bank of England should be placed upon the same footing as the
Bank of Deland, by die Act of 6 Geo. IV, cap. 42, with this die-
tinctioe that fie miles instead of 30 should be the distance to which
the exclusive privileges of the Bank of England were to extend
from the metropolis, waving, however, the five years extent of
charter granted by that Act to the Bank of Ireland."
In reply to this, a leter was soon after received, dated from Fite
House, to the following effect :
" The First Lord of the Treasury, and the Chancellor of the
Exchequer, concur in the conditions proposed by the Governor
and Directors of the Bank, that clauses similar to those of the Act
of last Session should be inserted in the Act for the partial repeal
of the charter of the Bank. In the paper dated the 13th of Jan.
reasons had been stated to show that the formation of branch esta-
blishments of the Bank would not be of itself sufficient to effect the
desired object ; but still the adoption of such a measure could not
I fail to be highly advantageous to the Bank, as well as to the
public."
This was the last document which had been received, but as the
correspondence had not closed until Tuesday, it was not in the
power of the Directors to call a General Court of Proprietors at any
earlier period. The object of his Majesty's Ministers was to elect
the withdrawal of country small notes from circulation, and to sub-
stitute a metallic currency in their room ; and alto to limit the pri.
vileges of the Bank to the metropolls, and to a circuit of country
115 miles beyond it. The effect of this would be tl.at, beyond that
circuit, banks might be established with more than six proprietors,
which was in direct opposition to the charter of the Bank ; and, in
consideration of such a concession on the part of the Bane, Parlla.
ment would not consent to any extension of their charter as regarded
the district in which it was still exclusively to exist. The Court of
Directors had. however, given the subject the most anxious eonsi.
iteration ; it had undergone a very extended discussion, and the
result was that they had come to a resolution to the following
effect o

ihnk
*pedal
clott

" That the Court of Directors were of opinion that it was ad.
visable to accede to the proposition contained in the correspondence
which had been read, with the approbation of the Court of Pro-
prit tors."
lle wished to state, that in a correspondence which had taken
place in April 1322, Mr. Vansittart had made the same proposition
o the Directors; first limiting the Charter of the Bank to tine
miles round the metropolis, which was afterwards altered to siati-
tivz. Upon that occasion his Majesty's Ministers offered a renewal
of the charter of the Bank for a period of ten years beyond that of
its expiration. -as a compensation foe the required concession ; hut
it was subserptcntiy stated by Mr. Vansittart that he could net
bring such a proposition before Parliament
Mr. ASTELL said that he felt the greatest satisfaction at per.
ceiving so numerous an attendance of Proprietors. The queeti,st
for their consideration was one of deep importance; being no less
than a p-oposal to them to surrender a portion of that charter which
had been granted to them, not for their tienetit, hut to promote
the welfare of the country. He had heard The Rank eulogized in
the House of Commons for its liberality upon all occasion', and,
indeed one gentleman had remarked, that if all those eulogies were
merited, it was rather a strange way to reward the pmprietore
by calling upon them to abandon their privileges. Still it *se a
question whether the Bank or the country were in the ante re.
lathe position as formerly. There were many subjects in the
correspondence which he did not think it necessary to discuss.;..
the immediate question for consideration was, whether the time
had ems arrived when the Proprietors ought to yield to the heed
of power. In his opinion the Court oaght to yield, for the pub.

tic hid an interest inseparable from that of the 'Bank. and pet-
Laos the latter, in its own defence, was bound to lend itself to
our measure which could remove the present, or prevent the re-
tuttrrtcs of future panics. One consequence of the Chantr of the
Bank had been, that paper had been circulated by parties who had
no pretensions to capital or to credit, and it might be advis-
able to try the experiment of allowing a co-partnership exceeding
sic persons in banking establishments. Banking houses of great
respectability had nothing to fear from such an arrangement. It
was only where ephemeral banks (if he might use the expression)
had :inn into consequence that such a measure could be viewed
with appreheagiOn. With the good or evil consenuences of 'such a
nlollslllt, the Bank, however, had nothing to dui. Their conces-
sion would Lc only a dedication on their part that they were wil-
lan; to dual) in their power to contribute to the welfare of the
e.Nu•.try, even to die sacrifice of their own interests. l'here was
v-ly one coterie therefore to pursue.—charters were not held now
in ouch estimation, and he thought the concession so far. judicious
thin he should move a resolution to the effect that the Court of
Proprietors recommend thi.t the resolution submitted to them be
carrell into effect.
_

3h. Yount) said that before that question was put he should
strongly recommend that the papers should be printed and circu-
lated amongst the Proprietors, and that the Court should be con-
yentd ten days from that day, to take them into consideration.—
tCries of "Ni, no, no r) •
31r. RANDLE JACKSON said thnt two of the conditional
triansel of the Act of Parliament alluded to his Majesty's Govern.
treat were disposed to concede; but even then, unless he greatly
misunderstood one portion of the correspondence, the Bank of
Ireland would possess an extension of their charter for five years
libel the charter of the Bank of England had expired. This would
be a great advantage beyond what the Bank of England would re-
ceive by the proposed Clauses. It might be of great service to the
public to have branch banks established throughout the country ;
but how much more beneficial would it be to all banks if Minister,
would conform in these points to the charier of the Irish Bank
Perhaps the Court of Directors mig'it not be induced to venture
upon the establishment of branches of the Bank of England with
no further prolongation of their privilege than the continuance of
their charter. Government ought, he contended, to prolong their
charter, if only to give time for the operation of that measure
which it was presumed would prove so beneficial. It had been said
in one of the papers that "charters were out of fashion." Ile
could only say that such was not the case with our ancestors. That
charter which had been conceded by William bad been renewed by
Anne. Were some symptoms of impatience on the part of the
sneering prevented our hearing the Learned Gentleman's next ob-
aervattun—when it subsided he proceeded.) Ile should beg leave
to lay down a proposition with regard to chartered law, which be
thought would be admitted :—.l charter might be revoked for mel.
venation, in which case compensation raced not be offered ; but if
there was no malversation chargeable, and if the public good was
to be the only ground of revocation, then he would say that such
revocation ought to be accompanieed with a reasonable compen-
acioo. It was true that on a former occasion die extension of the
charter had barn proposed ; but an Hon. Fliend of his whom he
Lad them in his eye, had kicked up such a dust in the House of
Comnio.la upon the subject, that Mr. l'ansittart wat absolutely
(righted from his Intention of bringing it before the House.
(Laughter.) He thought, as the extent of charter had been granted
to the Bank of Ireland, it could not injustice and equity be with.
held from the Bank of England.
The Govxxxox assured the learned gentleman that he bad
himself pressed that point upon the consideration of his Majesty's
Ministers, grounding his arguments upon the former proposal
made by Mr. Vansivart and the First Lord of the Treasury. lie
wished also to assure the Proprietors that it was strongly urged
upon the Government that, if an extension of charter was not
granted to the Bank of England, the Bank of Ireland would con-
tinue in the enjoyment of their privileges for live years after the
chirter of the former had expired.
Mr. Asir LL. in explanation, said.tbat he had only quoted the
words rat the Earl of Liverpool when he said that charters were out
of fashion. It had been said that it would not be worth while to
estedish branch banks. as the charter of the Company was to ex-
pire in sere) years. It should, however, be remembered that they
might remain as a corporate body even to time end of time.
Mr. liter !co said that the Proprietors must allow that no ex-
ertions haul been spared on the part of the Governor and Directors
to procure an extension of the duration of their charter. All that
could have been done it was evident had been done by them; and,
concurringashedid in the motion before the Court, he begged leave
to second it. He was of opinion that the Bank of England must
always continue to be an important corporation, conducting the
great affairs connected with the State. which were of the most
arduous dtsaiption that could fall to the lot of any body of men
to transact. In the recent panic they displayed the greatest
anxiety to relieve the public pressure; and he, for one, accorded to
the Directors his most heartfelt approbation. The Corporation of
the Bank of England would exist long after its charter had ex-
pired. and where then was the validity of the objection to the
establishment ot branch banks on the ground of time? He thought
fiLsras wonderful that in the late pressures a greater number of
biuse- had not given way. altfiough he believed that many of
these alio had gone had assets to the full amount of the demands
against them.
. . . . . .

'Mr. Yo WIG said that he was desirous of offering a few observe-
thick He was sorry that there seemed to exist a wish to come to a
haste determination upon a subject calculated 10 deeply to affect
the interests of the Company. The public also might lose the be.
refit which it had been in the habit of receiving from the Company.
and he contended that IT the Bank had not been in its plenitude et
power eluting the recent disasters in the commercial world, tbac
was no termeeing the enter.: to which the panic might not hone
proceeded. A new power was now, however, to be created, and
what the consequence of such an experiment upon the country
might he, he could not venture to predict ; but surely it would be
time decorous fur that Court to take time to consider the COM.
'pendent,: before coming to a hasty decision upon a question of such
importan-t. Theoretzcal principles were the cause of the distress
which hail recently agitated the country, and new theories of bank-
ing system.: might lead to an artificial trading equally destructive.
It that Company are not to be relied upon in emergencies, surely
no confidence could be placed in that public which had dissipated
fourteen millions of property within* last eighteen months. The
public did not seem sufficiently to weigh the consequences of those
theories, and therefore the Bank ought to pause before they se-
corded a hasty moot to the proposition. It was rot because the
Directors could not get the Government to consent to the extension
of their charter, that they might not yet succeed in doing so, when
bodied by the Court a Proprietors. (Hear, hear.) Ile depre-
eyed the establishment of *re-stock companies in this country.
In Scotland' men knew each other, and were enabled to guard
against mils which in England would be unavoidable. In the lat-
ter country men of straw would become proprietors of such esta-
blishments• and deluge the country with payee, until it would be
compelled to recur to that Company for protection. They were
called upon not merely to give up their charter, hut to give it up to
others; and with regard to their continuance as a corporate body,
they bait only a promise to that effect. At all events he felt that
'lie had discharged his duty by stating his opinion thus openly be.
lore the Propeictors. (Hear, hear.)
The Gov [se on said that the Bank must continue as a core°•
rate body an long as the national debt remained unpaid.
Mr. :RANDLE JACKSON was well satisfied. from all that he had
lizard, that the Governor and Directors had fought the good tight—
indeed no person could read the correepentlence without being con-
onced of that; but still success was not impossible, He recol-
lected la a treaty with the East India Company, when the, charter
was renewed, that halls million per annum certain was required as
she cone.deration foe its renewal, and the Directors of the Company
failed in their negotiations foe rendering that sum a contingency
upon the amount of proEts. The Govetument, however, conceded
the point to the Proprietors, and the consequence was that the
Company in Leadenhall-street were richer by 12,000,0001. He
thought the Governinen, cs bound in equity to extend to the
Bank of. England the same privileges they had already conceded to
that of Ireland.
The Coyne trot said that it was true that the Bank of Ireland
tad gained an mansion of their charter for the term of five
additional years; but as a consideration for that extension of time,
they had given the sum of .500,0001. If tire Court thought proper
to purchase • 'boiler extent of duration, he was of upiuion that a
meet larger sum would be requited from them.
!dr. WEIDIXO wished to be informed whether the Directors
It'd considered their own power sufficient to carry on the circula.
Lon of the country, aided by the banks now in existence. They
were called upon to give up a privileg4 and before doing so he
aought they ought to consider it in all its bearings. When he
heard that the distresses of the country had been br.sught on by rash
speculations, what, he would oak, could check those speculations
after the charter of the Bank should be dune away with ? What
had hitherto been the remedy for all pasii? Bank of England
Notes. (Hear, Mara Why then open an opportunity for persons
6.smiles from London to play all sorts of pranks with the currency?
lie thought, also, that if those joint-stock banks should prove to
be advantageous, the citisens of London might have reason to
complain of the exclusive advantages given to the country.
The Gowan If circulation
OR thought the of the country was not
a question within the province of the Bank to decide upon. Their
only duty was, to endeavour that legislation regarding it should be
as little injurious to their interests as possible. lie wished also to
state that the question of branch banks had been under the cone
seferanon of the Directors, and had been viewed with a favour-
able eye, but it required considerable consideration respecting its
which they had not as vet been able to afford it.
HAX►Ty observed that he coincided in the opinion which
hid been expressed as to tee exertions of the Directors. They had
made a proper stand, but all was not done, notwithstanding, which
might be done. The Governor and Directors were but one doh.
won of the army, and the main body had not yet been called into
action. He was of opinton that a (indite efl'ort should be made tu
gem their dilater extended fur as long a period, at all events, as
that which lied been granted to the Bank of Ireland. He regretted
41 at the Proprietors were called epee to surrender their charter, and
telt it was a matter of regret was evident from the fact that the
Directors had felt it necessary to contend with Government for its
protection. If it was of sufficient importance to occasion a struggle
upon their part, surely "anything still should be done to maintain
that struggle. It was also to be observed, that they knew not to
what eaten of profits the Rank of England might realise at their
expense after th,er charter should hate expired.
Lb. BEVAN' said he had hoped that time would have been
afforded for a fuller and more extended discussion of such an
important measure. He bad heard very little as yet advanced,
adept what favoured a disposition to accede to the proposition
of has Majesty's Government. In his opinion discussion at that
moment was premature and unwise. Ile bad not had time to go
through the debuts of the previous evening, end lie could there-
fore Torn no opinion as to the probable consequences of the
ineurart. Modiste( and Liverpool bad a circulation altogether

supplied by Rank of England notes, and the foiling off of the
Broth circulation in those places might have a very injurious ten-
s (holey. TMtse batiks were not the firmest that were supported by
landed property, but those which were conducted with wisdom and
I and prudence.. FOI instance, in Yorkshire, when Chaloner and
Wentworth' became bankers, their names were considered us a
tower of strength, anti yet they were nut. 34 experience had proved,
so firmly fixed as others where no landed ptoperty existed. At
all events, there had hcea tin length of time sufficient for con.
sideration of the subject. It had bmistated that lu the present
state of affairs butchers, and bakets, and tailors, might sum up a
batik, but he would contend that such a result must inevitably
follow the repeal of the charter. In order to prove the itecesAty
for consideration, he would allude to what Lord Liverpool had said
is to the country batik eirculatim havin doubled itself during
the last four years. Now, it should be recollected that during those
very years the Noble Bari himself had stated that the country
I enjoyed unexampled prosperity, although he advanced the argu-
ment of the increased circulation to prove that ;t was speculation
j which led to the recent distresses. Ile thought, alter all, that the
number of banks which had failed was small under the circuno
stances. The lion. Member then moved as an amendment that
the Court should be adjourned until that day fortnight, and that in
the interim the correspondence should be printed and distributed
amongst the Proprietors.
A Pnoputzeori said that tbtre were present but a sdiall pro-
' portion of tht holders of Bank Stock, and they had no right to vote
I away the property of those who had no opportunity of appearing
to protect their own interests. His decision might ultituately coin-
cide with that of the Governor, but he was anxious that nothing
should be done rashly. Let the documents be laid before the
public, and let the Proprietors be enabled to conic to a grave de-
cision, end not call upon them to consent at a moment's notice to a
rapid change of pro;serty, whatever might be their opinions that
I they would agree to the amendment.
alt. PAY X E eulogised the conduct of the Governor and Direr-
tors of the Bank during the recent disasters, and said that greater
energy had rester been displayed by any public body than by them
on that occasion. lie was of opinion that that Court would do itself
honour by acquiescing with the proposition of the Government, and
was not apprehensive that joint-stock companies could be carried
on with greater facility than heretofore in consequence of that
concession.

Mr. I nvixo said that the measures proposed could not brook
delay. His Majesty's Ministers were waiting for the decision of
the Bank before stating their financial arrangements fur the year.
Mr. Exxic E requested of 31r. Bevan that he would consider the
serious consequences likely to be entailed upon the country by the
proposed delay. Great caution was required in touching upon the
currency; but that subject was for the consideration of the Parlia-
ment, and not of the Bank Proprietors. Ile quite agreed with his
Hon. Friend, that in whatever way the subject was viewed it was
encompassed with difficulties, but he would recollect that it was
the intenlon of Government to grant no charters for the protection
of individuals; all copartners must be liable to the extent of their
whole property, and not merely to the extent of their advances. He
strongly deprecated the proposed adjournment, and he put it to
the Proprietors whether it was cons:stent with the liberal conduct
lately pursued by the Bank, to let it be said that they had refused
or withheld that which was of such immense importance to the
public.
A PROPRIETOR said that the Proprietors were not determined
as to the expediency of altering the currency of the kingdom, they
were only placing the power to do so in the hands of the Govern-
ment. For his own part he did not think the proposed alteration
could ever be carried into effect. He hoped, however, that if the
main question was agreed to, it would not go forth to the world
that the Bank had coincided in the reasons which had been assigned
for the distresses of the country, which, in his opinion, might with
greater propriety be attributed to the exportation oTgold and the
increase of the imports of the country.
Mr. Asvg Li. said that after the views which had been already
taken of the subject by the several gentlemen who had addressed
the Proprietors, he thought they had as touch Information upon
the subject as they could possibly acquire in fourteen days. The
financial arrangements of the country were kept waiting until they
had niadeup their minds, and he therefore hoped the lion. Pro.
picor would withdraw his amendment.
The amendment was then put and negatived by a large majority.
Mr. H. JACkrON next proposed that a paragraph should be
attached to the resolution, requesting that the same extent of charter
should be conceded to them as had been already done to the Bank
of Ireland.

3lr. J. DIXON rem-amended the Learned Gentleman to with-
draw the proposed addition.
.lr. I'. GIII:NFELL also wished that it should be withdrawn,
and assured hint that the consideration of 500.0001. would fall far
short of what Government would require front them for a similar
indulgence. If he tifas resolved to putsue his motion, it ought,
at all events, to be accoutpauied with an offer by way of con-
sideration.

Mr. Jackson's amendment was then put, and negatived by a
large majority ; atter which the original question was unanimously
agreed to.

-Dlr. PASCOE GRENFELL then proposed the following reso-
lution :

" That this Court desire to express the grateful sense they en-
tertain of the decision, liberality, and judgment whh.which their
Court of Directors came forward in support of public credit. in a
late crisis of unexampled pressure and commercial difficulty." •
This resolution was unanimously carried, and the Court was then
dissolved.

LAW NOTICES.

COURT OF CHANCgRY.
SITIODL Tale ♦ICI-CIIAIICILLOf TUTS DAY.

The remaining 'notions will be beard, after.whadi the following
Mal .1-•

Exceptions to be spoke to—Jones • Harrison
To be spoke to—Wall • Wail
Bankrupt petitions—Exparte Fitch
Further directions,
by order—Blandy v Lucas
Part baard—Jackson v Hankey—lilarouls of balisbury v Jackson
Marshall v Denney. Hanks r Hanks Attorney-General v
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