The British Press; or, Morning Literary Advertiser.
London, England, 1804-06-08 00:00:00

FROM LLOYD's LIST.

Gearatann, June —Passed by the Yieung Hendrick,
Bren, from Memel; Legate, Fenderry, from Catwyck ; Prince
Frederick, Nickulson. from Dram ; Emanuel, Vounten ; Sr.
Thomas, Cornelius; Vrow Elisabeth, and Anna Card i-
nan. —, from Embdan. Sailed the King George, Turner ;
Prince of Wales, I laiiwell, and the Ceres, Ramsay, for Hid.
Kav ; Juno, i 4.11, for Varells ; Wilhelmina, Overland
Lerwick, Ram.; Vrow Cathanna, and Unilerweening,
for Enibdrn.

TOL FOLLOWING AIR THE PROCEEDINGS CON-
NECTED WITH THE LETTER OF THE LORD AD-
VOCATE OT SCOTLAND, WHICH FORMED THE
SUBJECT O► MR. WHITBREAD'S MOTION IN THE
HOUSE Or COMMONS :_AST ►IGHT.

(COPY.)
' Memorial for Robert (Arrow, r,,eate Volunteer in Capt Jehn
Maclean's Company, of the 2d &million of Ban shire
Vo:unter.s.
" That the memorialist was regularly engaged to
serve .lames Morison, farmer, in Whyntte, for
the half year commencing at 'Whitsunday last, at
Six Cif ineas of fee; and the memorialist accordingly
entered home to Mr. Morison's service, in terms of
his agreement at that term.
" That some time thereafter, the memorialist en-
rolled himself a Volunteer in the said company,
without havinr pretstoid.,lo obtained the consent of his
iaid never
.Pr dome so. and continued to attend
pundually at drill with the company, after his ordi.
narf work was finished, in the evenings, until the
13th Oetober last, when, to his great surprise, Mr.
Morison discharged him from his se: vice, because
the memorialist had gone to Cullen on the day
Isreceding, withoist lei mailer's pernsission,' to Mend in
is place, at the inspelion of the company, by
Major General the Marquis of Huntly ; and that
although the memorialist, be fore he set oaf to join his
essalease, and also when he was dismissed as afore-
said, offered to make ample reconapence to Mr.
Morison, in work or in money, for the loss of his
labour during his neces..ary absence on duty in His
Majesty's service, at the inspection of said battalion.
Qw.s.—Will the memorialist, under the above
mentioned circumstances, be well founded in an ac-
tion against Mr. MoriAn, of his said stipulated fee,
and for wages besides, since the said 13th day of
Oftober. when he was dismissed from his service as

afotesai until Martinmas last: or would Counsel
rather advise the memorialist to restrid his claim
against Mr. Morison to payment of his work from
the said term of Whitsund.ty Last to the .aid I lth
Ottober t In short, the memorialist is desirous to
know if or not he has any claim against his said
=aster, and to what extent ?"

EXTRACT
!NM MINUTES OF EVIDENCE

Taktn hcfnre the Committee appointed to enquire into the
State of Ireland, as to its Circulating Paper ; its Specie and
Current Coin; and, the Exchange between that part of the
Viiited Kingdom and Great Britain.
The Right Hon. JOHN FOSTER, in the Chair.
[stcOnD RtPORT.]

Continued from our P.pn of Thursday.
JOHN IRVING, Esq. Merchant of London,
Examined.

Do you deal with Ireland ?—1 do ; I know the
exchange has been high.
Has there been a depreciation of circulating paper
in Ireland ?—I have heatd so.

Is it your opinion that it has been depreciated ?
It is not.

Have you heard that guineas have been pur-
chased for a premium there ?—I have, and I be-
lieve it.

Do you think, of course, that paper is depreciated
when guineas are bought at a premium ?—I do
not.

Explain your reasons ?—I am of opinion that a
bank, managed with prudence, would only issue its
notes in proportion to the demand which may be
made for those notes, in exchange for good and
convertible securities, such as mercantile bills of
exchange payable at specific periods, of undoubted
' respeaability, founded upon real mercantile tran-
sadions, upon government securities, such as exche-
quer bills, in the purchase of Spanish dollars,
or other bullion ; and the circumstance of the
Bank Notes of Ireland being demanded for such
good and convertible securities, I am of opinion, is a
proof that they are not too large in amount, and
that their value has not depreciated. A country,
such as I consider the present situation of Ireland to
be, threatened by foreign invasion, or internal
commotions, naturally creates a disposition in its
inhabitants to hoard or conceal the precious metals,
whether in the shat t of the current coin, or manu-
LlElured plate; to this disposition, I attribute the
premium which, I have heard, is paid on guineas,
May not notes be depreciated in the value of their
currency, although they are in no way depredated
in the opinion of their security ?--I think not, be.
cause, trom a parity of reasoning, it might be said
that a guinea is also depreciated; because in corn-
p-iring the quantity of gold which is contained in
guinea, according to its mint price, it would
yield, according to the present market price of that
cornmrdity, a premium.

.
blight net a greater quantity of notes being in
circulation thin the country requires, cause their
deprecia•ion ?—Yes ; I have already stated that
Rank Notes cao only maintain their value when
they are dem Hided in exchange for good and con-
vertible securities.

Woolf they not continue to be so demanded, sup-
posing there was too great a quantity of them in
circulation, and no gold ?—Certainly, and upon
the same principle, that any commodity of mer-
chandise diminishes in value, when there is more
than is required to supply the demand.
Would not, in such case, the value of such Notes
diminish, there being more of them than is neces-
sary to supply the demand ?—Certainly.
Mast not, of course, more of them be given for
any convertible security ?—Certainly.
Do you call a bill of exchange on London a eon-
ve.tible seturityi—Yes, because it can be sold, and
because, at the period of its maturity, it is paid.
Does it not follow then, is such cgs', that a
greater quantity of those Notes must be given for
the bill of exchange ?—Yes ; upon the hypothesis,
that there are too great a number in circulation.

Supposing a fcrced issue of paper, would not the
surplus return to the issuers, and being redeemed,
would not the remainder be supported without any
depreciation ; and would such redemption by Bank
of Ireland paper prevent any depredation ?—1 think
it would, because the Bank of Ireland, arriving at
the knowledge clf their paper in circulation being
more than would be adequate to supply the demand
for it, would cease to lend upon the securities such
as I have stated.

May not an excessive iscne of paper take place
from private Banks, although the issues' from the
national Banks of either country be not excessive ?
Certainly, but the same rule of prudence, which
would govern the Direaors of the two national
Banks, would probably govern the condua of the
Direetors of private Banks.
Do you think that the same confidence which may
be placed in the prudence of the Lhireilors of the
national Banks, can be safely placed in the prudence
of prix ate bankers, while it is competent for every
in.lividual, without establishment of any fixed eri•
tenon of property as securi:y to the public, to issue
Bank Notes for any thing that he may choose to
consider an adequate value for them ?--The private
banker is governed by ►is own interest ; the Di-
reaors of a public Bank are governed by their pub-
lic duty.
Have there been great finauations in the ex-
change ?—There have.
Have those fluauations been caused by any cir-
cumstances not immediately affeding trade 1--I
think the high exchange has been occasioned by
other causes than those affeaing trade; but the
Ruda ition, I think, has principally arisen from the
greater or less demand for bills.
t:;ere any particular cause which will occasion
that demand to be more at one season than the
other ?—1 think there is, particularly in that season
when money is demanded in order to supply the
purchasers of salted provisions ; the linen markets,
at specific periods ; and those periods when it is
known that the Treasury must draw upon England.
Suppose the Treasury left the power of drawing
to the Bank of Ireland upon the Bank of England,
at their discretion, would that fluauation be any
way likely to be remedied thereby ?—I think a fund
being invested in London, upon which the Bank of
Ireland might at all times have it in their power to
operate, would glee them the ability of correaing
fluaations of exchange.

[To he continued.)

EDINEVRGII, SONZ 4.

This being the anuiversary of the birth-day of
His MAJESTY (who completes his 66th year), it was
observed here with the usual marks of loyalty and
attachment. At twelve o'clock a royal salute was
fired from the Castle. Early in the forenoon, the
different regular, militia, and volunteer forces in
Edinburgh, Leith. and Piershill barracks, paraded
in the Newel'own, in the same order t'ley did on the
Queen's last birth-day. When the different corps
had passed the Commander in Li:tel. they pro-
ceeded to Lei:h Valk, and dress up in line, the in-
fantry three deep, when the artillery tired a royal
salute, and the infantry three vollies, by battalions,
seven guns being fired before each volley.
The firing was followed by three hut/as. after
which the troops returned to their quarters and
homes.

'The Lord Provost and Magistrates, the Judges,
and other persons of official distinaion, dined with
the Commander in Chief. At seven o'clock the)
proceeded to the Parliament-honse. where the prin-
cipal inhabitants ai.ernbled as usual. by the invita-
tion of the Lord Provost and Mat;istrates, to drink
the health of the day. The evening concluded
with an assembly.

OXFORD, Julia 2.

Mr. John Hilliard, of Worcester College, is ad-
mitted Bachelor in Law, The Rev. Fredel .c Berl.
don, of Trinity; Mr. Peter Gunning, .4 hle: ton ;
and the Rev, Thos. Collins, of MagOal,o, we! e !O-
mitted Masters of Arts. Messrs. Robt. (.01(Am. i,sac
Saunders, and J. Foottit, of St. Edmund-h dl ; Thos.
Dunne, and J. Rogers, of Baliol; H. hlitton, of
University; Edward Ravenshaw, of Brasenose;
John Owen, of Christchurch ; Edward Carless, of
Wadham; Sam. Harness, and Wm. John Chepmell,
of Pembroke; Chas. M. Mount, of Corpus; Wm.
Richardson, of Lincoln ; J.. 1. Hudson, of Magda-
len ; James Evans, Robert IVilliams, and John Da-
vies, of Jesus, are admitted Bachelors of Arts.—J.
T. Bigge, Esq. of Christ Church, is admitted Mas-
ter of Arts, Grand Compounder.

SRROPSHIRE REGIMENT or VOLUNTEERS,..-.TIIiS
fine body of men, in number nearly 2000, one of
the largest regiments in the united kingdom, was in-
spetted on Saturday last on their parade ground, by
Lieutenant-Colonel CHAYTOR, Inspeeting Field
Officer of Volunteers for the county of Salop, whose
attention to the duties of his station, we understand,
has been invariably unremitted. When the corps
had gone through the different marchings and ma-
nceuvres, the Colonel expressed hi. opinion of their
discipline and good conduft during their stay in that
town, to Colonel K Y N ASTON Pow►l.L.

MEETINGS OF CR EDI lOW'S, AT GUILDHALL.,
TO•01011110.1. M. N.
Fw •ns Tucker, St. Nicholas, Dedttird. tallow-chandler 3 10
Tuumas Cooper, Leatherticart, Snret, e ..si-chan.ller 310
LOll6 Simon, late of Gr..ni&ith street, Cold Bath fields,
watch-manotieturer . 3 NI
. .
Samuel Bradley, lielbens, siecialler • . . 3 10
Fleury Ashler bitable, Peckham.. Surrey sts-vewr 3 I
Francis Bateman Daahwood, late of G.:i n's-iilll, now
Hunt ng.lon, wo.sted-nsimufacturer . 10
Philip Jcurs Phillips, Deford•wreet, upholsterer . . 10
E'rick Anthony Ileori.:kr, Jeartessqtrare, nietsbatit 2 11
Richard Roberts, St. Paul's Church-yard, tict is ,l'er 1 10
Henry
d Bliggr,l3,l, idere-plaut, Sc. Gwirges-beld s itune,
ealer . 1 12
. . .
William Mot.k, late of the Strand, trust-maker • 1 10
Jones Pummel, a prisoner in the King's Beech pri.oo,,
stable. kestrel . 1 11
. .
John Bunting, Whale Fishery, Lillie Iltroruga.street„
Wapping. victasller . lO
.

. . ....
DIVIDE N DS.
William Drake, Ratcliffe highway, draper . . 10
Jo:.n Farquhar, Wincliirster-str.,st, merchant . 10
Samuel Jolm Gardener, Pitt sueet, Suutlawa. k, meal.
ratan lO
. .
John wart:, upper Timmes.wreet, sholerale gr,icer . 10
RachaniWe.tinasott the e-der, Mourn 4treet,St George,
Hanover s.iii ire, sculptor lO
. .
James Sornmerrail. Lierfrpeol, tancetter, me,rch rot . 10
James liarnilton and William Turkir.run, Finch lane,merchants . )0
. .
John Townsend, Ludgate. bill, lacernan 1
Alexander Nlorisan, Wallnorik, tnercti lnt 10
. .
CERTIFICATES.
Francis Hill, late of Middleton, Suffolk, merchant.
William Pugh, of Berwick-street Solso.sguare. tailor.
Thomas Perry Tuther' of Holborn-hill, linea-draper.
Ann Church, of New Band-street, milliner.
John Jeffryer of Chaphatu Road, Surrey, printselia.
Juhn Eden Deacon, of New Bond-street. I nen draper.
James Moore, late of Millen Hall, Suffolk, undwainer.

HIGH WATER AT LONDON BRIDGE THIS DAY,
SS sous. after 2