The British Press; or, Morning Literary Advertiser.
London, England, 1807-09-11 00:00:00

mentation of the advantages derived from the ma-
nagement of their own appal, nor from that part
of their business which they transat as bankers to
individuals, (a part indeed at all times compara-
tively small in its amount) ; for although tlie turn.
tier of persons having accounts open with the Bank.
has been lately much increased, the floating ba-
lances on those accounts are known to be in general
very small, most of the accounts being kept open
only for the sake of the opportunity which they
afford of borrowing in the way of discount. The
ever:lion either of loans to G Aternment, or of dis-
counts to the mercha• ts, or of bo:h, is the necessary
effect of the augmentation of the Government de-
posits, and it is to the largeness of these deposits
that the i:,cressed profits ought to be referred.
The gain which the Bank have derived from the
issue f ene and two pound notes, amounr:ng to
+.2'47.9ti0l on the Ist of February last, may he
espeaed to cease whenever the paymeat of cash
shall have been resumed.

The next paint to he considered is whether any
nt the public balances may sst•ly admit of diminu-
tion ? Tlinae under the first bead, namely, the ba-
lances which are lodged in the Bank by officers in
the receipt of revenue, which make weekly payments
of their cash into the Exchequer, evidently admit
of no redunion.

Some few of the balances under the second heal,
which being to offices of large experditure, may
perhaps be diminished by the mote careful appli-
cation of an economical principle lately introduced,
that of occasionally furnishing to the heads of cer-
tain offices, Etchequer Bills instead of money. which
bills are sold in the market in the quantities, and at
the times which the immediate occasions of the
office require, and therefore diminish the necessity
of maintaining large balances in cash.
The balarces in the Bank, under the third head.
of Unclaimed Dividends, appear to your Com-
mittee to admit of ret:ation. The. balances have
been already represented as less by :33.7391. than
the gross amount at which they are given by the
Bank, because. in c-nsequence of the tilt passed in
1791, c 33, that sum remains in the possession of
the public, out of the 500.0.91. advanced neminally
by the bank, bit really taken out •.f the Unclaimed
Dividends, which were then, for the first time,
brought under the ,entice of Parliament and m ide
appl cable to the puntic service. It .et ni to have
bun an unintentional militants in Ira !sing that
statute, that no provi.ion was made for making up
si..ficiencies to the public, as well as to the Bank,
whenever the whole sum of such Unclaimed Divi-
dends, migA rise above, as well as whenever it
should fail below the stipulated amount of 6,10,0001.
and if it should be judged expedient to contii.ue
and patstte..tbe principle of that Aft, it should he
amended with a vi-w to this .onjeft ; and the usual
amount of Unclaimed Dividends being ascertained,
It may be At to apply to Use public service according
to the same revisions, whatever may probably be
the sn-pla• air teethe 100.0001. wh ch was intended
at all times to remain in the Bank The sum,
which. on the score of these dividends, may be rn.w
apg;ied to the pufstie service. is certainly not less
than 423.2611. to addition to the 9760391. making
in all, 1100,0001. Th• uneraim.d in the
hands rf Y.:. Bank. amounted at that period of the
a. which they were the lowest, nam ly,

tLe Bth July. to 986,5731. and at the lowest pe-
riod of same antecedent yedirs, they have not tallest
bel'iw 090.0001.

The following m ale of diminishing the cash ha-
laaces nod. r the fourth head (of ele
for the ReduElion of the National l)eht)osild under
the fifth bead (of Exchequer Money), has suggested
iteeli in your Committee.
A large part of the sum in the Exchequer des-
ti.ied to be paid on the four quarter days t, the
Commissioners for reducing the National Debt. for
Dividends on redeemed debt standing in their names.
and Inc Sinking Fund ; and the sum so received by
the Commi<siJners (amounting now to above two
millions gleaned,), is employed in the purchase of
strait In equal portions nn all the trensfrr days of
the succeeding quarter. It 'seeps eapediem, that to
a portion of this um an economical principle
ebnrld be applied.
It may be inferred from the paper inserted in the

Appeddig, and fram the innesed evidence, that by
the middle of each quarter a sum of more than one
milks,' is always nominally Mille Exchequer, and
ado illy in ;he Bank, which is applicable at the end
of the quarter to the purpose of paying the sum
Then due to the Commissioners for reditcmg the
National Debt. Vont Committee, thsretore,
re-
enmmendhat the sum of about one million should
be issued in the middle of the next, or of some sub-

_ .
sequent quirsier, to the Commissioners, to be applied
by them to the objet of buying up stock M the
course of some succeeding months, in addition to
the regular and accustomed pit; arse.. The means
of carrying on the regular purci,:tqrs will be fur-
nished b issuing to the Commissioners, on the
quarter day subsequent to the issue of the million, a
sum less by one million than that which would have
been paid to them according to the accustomed
course, anJ by issuing a further million sir we"
after that q'rarter•day, by which time the Exche-
quer will be Able to supply it. Assuming that the
some mode ot issuing all sums due to the Commis-
sioners at half quarter!y, instead of gnarte•ly pe-
riods, may continue, the effear4 the prop,,sc d mea-
sure will be to give, in the ; ..r i:-: ..:.:,is it is to take
',lace, a clear million sterling to the Sinking Fund.
by the application of which, in that year. annuities
amounting to nearly 50,0001. per annum may be
bought up, the other ile..-ctiuns ^f ele Ssokt;:g Fund
continuing precisely as before. hi consequence of
the application of this extra ”•:11k • to the exttnaion
ot debt, there must be a redation ot one million in
all the future balances of the Exchequer money in
the Bank, during the last six weeks of every quar-
ter, and a rimier redudion in the future balances of
the Commissioners for till re !,:dMrt of the Naional
Debt lodged in the Bank during the first .:1 weeks
of every quaver. A redutlien to this extent is prac-
ticable at r.: ....to, and a furrier redo/lion may, on
similar priociples, ►e made at aay future period,
svi,et, the increased amount of the Sinking Fond,
and of the balances of cash in the hands of the Corn-
naissitosers, s!.all afford similar reasons for repeating
the same operation. By this anticipation. the Ex-
chequer ninney destined to pay the sum dLe, to the
Commissioners of the Staking Fund. would not be
diverted from its original purpose, but a poi tion of
it would tie sakes' sconestbat earlier to that very

Obje/t, and in addition to the original sum, and the
public creditor must unquestionably be benefite4 by
such an augmentation of the Sinking Fund.
If the preceding proposition should be deviled
liable to objection on account of the preference, so
far as respects one million, which is proposed to be
given to the Commissioners for the Sinking Fund,
over the general body of Stockholders, the oltjedtion
niav be removed, by giving to the Stockholders a
preference to which they are not now entitled, as a
compensation, empowering them to receive on the
quarter-day the whole of their dividends on stock,
antecedently to the issue of any dividends on the
stock of t! e Commissioners.

Such being the general state of the conneaios
between the public and the Bank. it becomes an ob.
jea of consideration. in the la.t place. what have
been the transaaion. between Lileal since the year
I 756 ? these are, first, the statute of 1791; secondly.
the renewal of the Charter in 1800; and thirdly, the
agreement for tl.e loan of 3,000,0001. io 180 b.

First, The Ad of 1791, e. 33, authorised the
Bank to advance 500,0001. without interest, for the
service of the public, which came in tad, as has been
already explained, out of the Unclaimed Dividends,
but in consequence of the second cltuse for re-pay-
ment, in case of a deficiency, the sum remaining in
the hands of the public, is not more than 376,7391.
there being no provision for increasing it after she
diminution had once taken place.
It was a further enadmen't of this statute, that
the allowance for managing the debt should conti-
nue At the rate of 4531. per million ; and is is ob-
servable, that this is the only statute which codtains
any distinct stipulation upon that point.
Ti!e Committee on Finance, in 1797, distin-
guished the debt created subsequent to 1791. from
that tvitich is within the obligation of this Aa, re-
mtr king expressly, that •' Since that year the case
is different. and no such stipulations exist. All the
subsequent Loan Acts, and those for funding Ex-
chequer, Navy, and Vidualling bills, hive kit the
contract open, reserving a power to the Cri asury to
make any such compensation asshiiuld be reasonable."
Secondly, h 7 the ,Et 40 Geo. 111. c. 28. the
Bank Chatter was continued until Ist August 1833,
on condition of three millions being advanced for the
public service, without interest, for six years ending
itie April IWO : the sole right of banking as a Cot -
pot :ate Bady, and ti'e ottiA- privileges, are fully re-
cited and confirmed ; but nothing is expressly sti-
pulated with regard to the rate of allowance for ma-
naging the debt. The following, however, is the
clause relating to this part of the subjeA :

" And for Ilse encouragement of the said Governs and
Company the Bank of England and their Succ•s•ws, to ex-
change aid circulate itt a said Excites's', Nils, in the ernotf
and dorrog Use Lore heretu ...dine mentioned, and to tire
en:l that toe said Governor and Company, and their Succes-
s:Rs, may hare a eu•np-tent rerompence and corivideratinn fir
at, doing, it is hereby declared and enacted, 'that such part .1
the said recarwl pro•bnnt contained in the said eel made in the
twenty-first lem or the reign of tin pr:•ten( Majesty, as relates
to the almeeniining the said fund of tree hundred thou-
sand poon%ls per amount, ►nd the said Corporatrea of the
Governor anti Company of the bank of Eddiatots urn," the
notice and payments therein nientautied,shall be and Is hereby
repealed and made void; and emit Sim said Governor 'and
Company of the Sauk of England, and their socvessws der
ever, shad remain, cantinue, an.l Do one body corporate and
points:, by the manee atutevaid, and shall for ever have, re.
any., and ern .7 the said entire ready fund of one hundred
thousand pounds, out of the said vents and duties of excise,
roar thee with a pe.pelual siccs•-eton arid prrs 'lege of exclusive
banking, as hermetic( is raentioned, and ad other abilities,
Cipscitios, p•iwerS, allthOfit OS, ffaiiellises,
rob:a, emoluments, twetrits, and
advantages whatever, •hich the governor A:lel company or the
►ank of Loglend tossolon and enjoy, or whr 'mom they are,
or before ilia making of this MS Wan emitted by tee
smd aaa or the seventh and twelfth years of the reign of
Her lit': Majesty Queen Anne, and the said acts of trip
teenth year.: tire reign of His late MAcste Clue Cowes the
Second, and of the fourth arid twen•r-first years of the
rig•: of Ills me.:ent Majesty, or and of them, or by any
other act or alts of pasliament, grants, or charters whatsoevet,
lino in fore,•, of by Vidisouf any emptoyment by or on behalf
of the peddle; all which are by rhea ,r rat•hed and cmilirinerl
to the and g mernot and cuinpenr, sod their successors, heed
an.l drechaigett of and Ifolll the saes pow.) ■nd conditions: lit
rmien.jamii, hereby repeaMd, W our/tided to be repealed as
stu.e•ate arid all other provisoes, portent, acts, matter., and
shrug. w.•.rnnerer heretofore had, root:, done, re committed,
lot terkermorgolciermlnitig, or making •00l the said Carpo.a.
tires, or the sari seamy fund of one hundred tlunrsand pounds,
and the yard p.i•rlege of exclusive banking, and all other their
abilities, cap mitre., powers, authorities, (ranch's-11, inernum.
I ties, exemptions, pArileges, profits, ewddumen•,, ht.-heists,
end advantage., sir ally in them, t•hjecr, nevertheless, to such
•re.tnrtirnna, rul?g, nod dr.:U.4ls, ales to Such other agree-
' merit.. Midgets, and things, as in the sad Acts and Ch uteri,
or any cite rn rrnl• in lure', are :.maimed Of pielefilltd, and
a:,o subject to the power and cr oilitsno of redemption
bsrsui-
aft-r its this Act LOW/Oiled m tin. behall."

The circumstances attending this negociation are
related in the evidence of Mr. Thornton, who was
at that time Governor of the Bank, and limn whom
the suggestion of renewing the. charter originally
came. He states, that the various sources from
which the bank derive profit, in consequence of their
exclusive privilege, and of their connexion with Go-
vernment, were enumerated by Mr. Pitt, who made
a claim on the part of the public for a direct parti-
cipation in the profits, according to a fixed propor-
tion ; and that the chirn, though not admitted in
its full extent by hiifiself on the part of the Company,
was ultimately agreed to; that a calculation was
formed upon the basis of such participation, and
that the interest of three millions, for six years, was
given to the public as the lair result.
Tne authority therefore of Mr. Pitt, and the con.
sent ca the then Governor of the Bank, established
a general principle of participation in those profits
of the sank, which arise from their exclusive privi-
lege, and from the balances of public money in their
hands, and whether the participation be supposed to
be in the fixed proportion of 1-4 1.3 Cr 1-2, it can-
not fail to be extremely considerable.
In one of the conversations upon this subjeft, it
Appears to have been distindtly. assumed on one side,
and to have been admitted on the other, that the Go-
vernment Balances in the Bank which were drawn
from the Exchequer (estimated then by Mr. Pitt, as
they nearly were, at two millions and a half on an
average,) and the growing balances of the Commis-
sioners for.tiw Sinking Fund, were prisduttive of
profit, and an expectation is said to have been given,
that they should not be withdrawn from the flank
without compensation. The produdive quality of
some of the Government Balances being admitted,
it is not easy to conceive that the Bank have any me-
thod, except that of increasing their cash and but-
' lion, of preventing the prodative quality of the
sane balances when enlarged to the extent that they
now are, or of other balances which have been added.
The citcnautance of the Bank gaining a profit by

..

betheenmanagement ofm:hade
vp.rabtedlic
tdots e; tb.
usrpetheartt to have
of the rate of allowance then subsisting did in".
come particularly under consideration. 'Dott
meats necessary to form a as ref opinion lion
compliCated concerns of this extensive bud flu
were probably not fully before either of the ot'a
parties at the time of this agreement; it is obein,,,.
that they cannot be colleted without consider.les:
and detailed investigation, nor digested without in
dustry and attention ; and the pressure of other
duties may well account for a want of leisure fo, %
laborious a research at the period of the renewal nr
the charter.
The other balances of public money do not an.
pear to have entered intc Mr. Pitt's cakulsti.,n, as
they were at that time of trilling amount, and the
probability of any such increase as has Meal!
taken place in the balances drawn from the Excite!
quer, in conseqttence of she great augmentation of
revenue (an increase from an average sum of ni
millions to an average sum of five or six million,)
was not adverted to, and can hardly be supposed
have been in contemplation.
Supposing all the suggestions which your
rhamt
rCopt.
m;ttee have made with a view of diminishing Cie
balances in the Bank to be adopted, the emetic of
balances still remai.iing will probably mnr
double the amount of those which existed in 1604.
or which could then be contemplated as likely to
• exist at this time ; and therefore, if the intention of
Mr. Pitt get to withdraw the balances of Exchequer
money, or those arising from the accummlatiou of
the then existing Sinking Fund, without compens4.
titan, should be adhered to, that intention will not
be frastrated ; the unexpeeted enlargement of the
same tsilances, end the addition of so many others,
forming much more than compensation in question.
Thirdly, The last agreement with ilia Bank
which it will be necessary to notice, was in 1806.
46 Geo. 111. c. 41. when the three million., which
ought to have been repaid on the sth April, were
continued as a loan to the public until Six months
after the ratiff ation of a definitive treaty of peace,
at an interest rd 51 per cent. which is to be coon-
dated as a gilt bf 60,0001. per annum, so long u
the war continues. Whether this bargain est con.
eluded upon an examination sufficiently compre.
hensive of the general situation of the bank, is not
new the question ; but the transition is most ma.
terial in another view, as it evinces that the agree.
meat made in 11100, was not considered either by
those who ailed upon the part of the public, nor by
the bank diretnrs themselves, as a bar against fut.
then participation, whenever the increase of their
profits derived from the public, and the eircums
staneesoof public affairs, might, upon similar prin.
ciples, make such a claim reasonable and expedient.
Mier' a summary recapitulation of the clean.
tapes which the bank derive from their charter, and
from their conneaion with the public, it will be prc-
per to enumerate the benefits which the public re-
ceive horn them in return.
I.t, A urge profit on the management of the public debt it
• nee e 4 .iy the batik ,• and, 24/y, the interest arising from tie.
user,' 11 and 12 m pious of Government balances lying :a
their hands. 9dly. They have whatever profit is to be deri‘e4
ft •oi their paper circulation. amounting to 16,6 V t,3!01. the
italic of which results from the exclusive powers given to them
by their charter. It may be remarked, however, that it ie a
ciiculaties of which they carefully limit the amount, said on
ammo( of • welt, as well as with a view to the *viva' de.
wands of the state, they are subject 4t the burden of ad...".
the roai..taining • large stock of cult and bullion, and in pi.
voting, except dosing the superman of payments in wh, a 1
the sold and silver used for the roinage of money.
• The advantages which Goverument. on the part of
sloe public, receives in return, are the following:
1.5..--The Capital (11,696,0001 ) ..f the leak u lent to
She public at the rate of 91. per cent. The benefit deriver' from
this 1.0. n, amouittoig at present to 23J.7601. is not staled ra
the annexed evegoee, as having been particulaily *Melted to
111 the conversat sns wiiicii took ;rime. bets, n lire cant and the
%amour or the batik, soi the occasion of the reumml of the
Chatter, out the CJ:161111.11101 of this bought to the public it
Wore' by Marna.
Ild....Aultarices are made to the extent Q 13,750,0001. upon
the wino.; Lull cod unit taxes, or trit duties sutastittitesl, at
an interest of 41 per cent. The established custom of lend.
Ing to this extent. at a moderate interest, mutt undoubtedly
be considered a.. an intended tompeneation in part for the be.
leolit which the Flank dense Crum the use of public nse.oey.
3.1.-1 sum of Ulm* million, was lout to Government, es
hos been already stated; without interest, for six years from
sane, as the pries of the reaewel of the batik auto, ; and it
was agreed in 1606 that the tame should West at 31 per cent.
during the continuance of the ear.
Another direa advantage derived to the public
conuts in the receipt at the Bank of the Property
Tax upon the dividends, and 'the prompt payment
of it into the Exchequer, without chatge, or extra
allowance ; by which means all delay is obviated is
the eolleaion of a large portion of the War Taxes,
end the expense of officers is saved. The stock trans-
ferred to the Commissioners for reducing the Nalitilla
al Debt, AO on account of the redemption of Land
lax, is not charged by the Bank with any allowance
for management, which two sums amount to about
134,u00.u001. exclusive of South-Sea Annuities.
The pradlice of making advances upon certain
instalments of the public loans. on the security of
the receipts, is a considerable accommodation to the
subscribers, and enables the Goveroment IA comma
for loans upon terms somewhat more advantageous
than could be done if that facility were not afford-
ed. The B nnk, hot , receive in return the legal
rate of intereit, as thil do also upon all transaaions
with the Governmiint. except those already stated.
The accommodation, derived by the public from its
tonnexien with the bank, have been carried, in some
to a very large amount; and it must always
considered as an objea of the greatest conse-
quence to maintain the permanence of an establish-
t ient of such opulence and credit, which, by t'.e
judicious condua of its own affairs, has contributed
so mate Tally to extend the commercial po'sperity•
and to maintain the public faith of the enuatry.
Your Committee cannot conclud.: their Hepott
without bearing testimony to the favourable diaper
sition so often manifested on the part of the bank to.
wards the public service; and they entertain no
doubt oldie same readiuess to accede to any equit-
able arrangement that may be proposed under the
present circumstances.

MART

Wednesday. Mt. 51isw—aed-,-;;144---no—Losisa /lint.

Ham wATi..t. THIS DAY, AT LONDON-411110(k -
Macs ....S) am. arm ..9 16v0n..4 min itt.

LONDON !;;.•Filisiied-WirIYAIIIDsOIt;
court, I%:w.otroot. Come-garden, sod pubhohod at the
(Km, N. 15, 'Wok of St. Clement's Church, Sttr,d, by
W.ST UCK, of No. 7, New hfliJn-otrest, Long-Acm 41-
Orden, &c. for Ulm Pawn, 144. t 1 tho Dice, (pose Pod'
will be duly atteuded 10.

—"7-Vll/".
gement of the public debt, eppeara to h e
ma deree adverted to ; but the pi .et",-
to of allowance then subsisting did 'ns;
rticularly under consideration, lhe dne '
fenny to form a to reet opinion upon th ,
tint concerns of this eatensive busitte.;
bably not fully before either of the too
the time of this agreement; it is °beim. Lint
cannot be colleted without considerablst: ri
led investigation, nor digested without in
rd attention ; and the pressure of other
iy well account for a want of leisure ho.
a research at the period of the renewal sc:}l SS
er.
her balances of public money do not ag,
ace entered inte Mr. Pitt's caltulath,n,
(otanants e
increase
t,aiesme
of
frorfodrinterin
greatga average
aemruanggumen
et
suns
Nis
and the Lori
:y of any such increase as has actually
ce in the balances drawn from the Exche.
Until
o an avenge sum of
it view
ownfisiv,
fwe
di: ctat
directed to, and can hardly be supposed s„
:nicnegi nmaalcontemplation.
hse.,tshu evs
in the Bank to be adopted, the amount of
still remaining will probably mire. than
e amount of those which existed in 1104,
could thou be contemplated as likely to Ttl
iis time ; and therefore, f the intention of
let to withdraw the balances of Exchequer
r those arising from the accummlatiou of
!living Sinking Fund, without compmn,. ri
ild be adhered to, that intention will not
ated ; the unexpeeted enlargement of the et
knees, end the addition of so many others, 61'
much more than compensation in question. son
r. The last agreement with tl.e flank si.
will be necessary to notice, was in 1.06. s,,
11. c. 41. when the three million., which
have been repaid on the sth Apsil, were "r,
as a loan to the public until six months 1
ratiff ation of a definitive treaty of peace,
!rest rd SI per cent. which is to be entni.
a gilt bf 60,0001. per annum, so long u
otitinues. Whether this bargain cat con. f
pon an examination sufficiently comm.
f the general situation of the bank, is not
luestion ; but the transaßion is most ma-
neither view, as it evinces that the agree.
le in ISO°, was not considered either by
3 sifted upon the part of the public, nor by
direftors themselves, as a bar against fut.
:icipation, whenever rie incrcaie of their
rived from the public, and the eircum.
public affairs, might, upon similar pro-
ske such a claim reasonable and expedient.
a summary recapitulation of the advert.
ch the bank derive from their charter, and
r conneetion with the public, it will be pre-
unterate the benefits which the public re•
n them in return.
rgi, profit on the management of the public debt is
the Rank ,• and, 24/y, the interest arising fmm be.
,:rnhiiinyxiouolrnuan:itinueno:nfol:nkai
nd 12 m lautts of Government balances lying as
. 9dly. They have whatever profit is to be dittoed
paper circulation, amnuntieg to 16,01,6901. the
Bch results from the exclusive powers given to them
titer. It may be remarked, however, that it r a
of which they carefully limit the amount, and on
' ninth, as wen as with a ricer to the *viva' de.
he state, they are subject t., the burden of sedne-
mning a large stock of mils and bullion, and .1 pl.
ept dining the superman of payments in cath,.:l
it silver used for the roinage of money.
Ivaritaxes which Government. on the part of
4 receives in return, are the following:
me Capital (11,69i,0001) ..f the leak u lent le
it the tate of 91. per cent. The foment deriver' fool
amountaig at present to 23.47301. is nit vtated
td evidtace, as having been permuted, adverted so
*mat •ns widen took p...ce bet., n Sir Pitt and she
t the Rank, rm .he occa.ion of the renewal of the
at the CJ:161111411101 of this bench' to the public is
the aft.
suite., are made to the extent M 3,750,0001. upon
land arid met taxes, or the duties stentitittea, at
of 41 pan cent. The established custom of lend.
extent, at a moderate interest, must undoubtedly
ed a. an intended tompeneation in part for tbe be.
the Rank derive from the use of public money.
urn of three million. MIS NUS to Government, at
ready stated; without interest, for six years Eros
e pries of the renewal of the bank aarte, ; and it
in 1606 that the lame should Went at 31 per cent.
continuance of the ear.
er (firth advantage derived to the public
n the receipt at the Bank of the Property
the dividends, and .the prompt payment
the Exchequer, without chatge, or extra
e ; by which means all delay is obviated in
Lion of a large portion of the War Taxes,
xpense of officers is saved. The stock trans-
the Commissioners for reducing the Nation-
.O on account of the redemption of Land
)t charged by the Bank with any allowance
gement, which two sums amount to about
VOL exclusive of South-Sea Annuities.
adlice of making advances upon certain
its of the public loans. on the security of
Its, is a considerable accommodation to the
rs, and enables the Government to contrail
upon terms somewhat more advantageous
d be done if that facility were not afford-
sl3 ink, hot • , receive in return the legal
.tere.t, as th:•y do also upon all transetions
Governm,nt. except those already stated.
mmodations derived by the public from its
s with the bank, have been carried, in some
a very Large amount; and it must always
lered as an objed of the greatest come-
s maintain the permanence of an establish-
such opulence and credit, which, by t'.e
condua of its awn affairs, has contributed
rally to extend the commercial pri.sperity•
aintain the public faith of the cc.uatry.
Committee cannot concludo their Hepott
tearing testimony to the favourable dispo•
often manifested on the part of the bank to•
is public service; and they entertain no
the same readiness to accede to any equit-
sngement that may be proposed under the
irctunstances.
MARRIAGE.
day, Mr. Steward, is Mao Louisa nat.
THIS DAb, AT LONDOICIIRIUtit -
..93 vin. after 9I Evien..4 mist
I ~•ritistid-Wir-DAVIDSON, Na. 17,
I mw-stress, Covent-garden, and publitahed et the
Nn. 13, lack of St. Clement's Chinch, Shand, by
.ICK, of No. 7, New 11214ametreet, Lang-Acie. '-
Sec . for this Paper, wit to the (Nice, (post pod.
duly mewled Is.