The National Register.
London, England, 1818-04-12 00:00:00

IlitnlSDAw V.

The Eaubrink Drainage 13111 was passed.
Sir E. ititv ours presented a Petition from the -Rev. J.
Valpy,iu favour of the Gopycight Bill. Received.
Mr. FiNLAX presented a Petition from Glasgow against
the Labour Regulation Bill. Received.
General Gisitcotuac presented a Petition from Liverpool
against the Salt Duties. Referred to the Committee.
Sir C. MOEVAUINT presented a Petition from Birmingham
against the Labour Regulation Bill. Received.
Two other Petitions respecting Copyrights were received.
Petitions fur Reform from Beverley, Nottingham, and
• Derby, was received.
On the Motion of Mr. Bennet, a Committee was appointed
to examine the State of the Police of the Metropolis, Cold
Bath-fields Prison, ik.c.
Similar Addresies of Congratulation to those ordered in the
Lords wine agreed to.
Lord Cartiensack brought in a Bill for carrying into,
effect the treaty with Spain respecting the Slave Trade.
11.%N1k" RESTRICTIONS AND PRIVATE BANKIYG.
The Cita ticeiton of the EXCHEQUER said that after
strict enquiry, be did not think it advisable that the Bank
rhontd resume cash payments at present. The principal
-ersons were thet the harvests had not been prodnctive, con-
s( eientle, a quantity of rpecie was obliged to he sent out of
the country to import corn ; and that on account of the
vember of persons, in the army and otherwise, who resided
wroad, immerse rums were annually spent on the continent.
•.% wither reason was to he found in the negotiation of re-
-sign loans, which was now carrying on to a great extent,
eibeeesarily'drairitne the country of a vast quantity vpecie.
Under three circumstances, ate-thought the resumption Of
cash payments would be highly expedient, and he proposed
to toatinue the restrietion to.duly sth, 1410. To remedy any
moonvenience that might arise, he had another measure to
propose, viz :—that no private banker should issite notes
tinder SI. without a sufficient deposit of Goverment scent i-
t, es, either of Stock or of Exchequer Bills. This plan would
obviate mem; objections to private banks and paper issues,
ned would gave increased stability, and credit to tbe.narties
r ogiarieg su them...• The -Honourable Gentleman concluded
cloying for leave to bring in a Bill to continue the Bank
gesteic :ion.
mi. •riomftgy ridienled-the propositions ea unintelligible,
and uncalled for. 'fhe Bank ought to he i ,•!a!e to resume
their payments. lie had ma ilmibt of their ability, hot telt
It, then inclination, he believed they never- would he resitincd
at all. He gave no credit to the, promise of resumption in
another year. With respect to the other 110'41011V, he 1110114111
it highly injurious to country bankers, though he 1:0111.1 1101
exactly 4er cleat was intended. The plan was not to be
carried Into effect for two years; this was, perhaps, giving
•lic bookers lair notice, for probably by that time, their notes
....'lloll', be at an raid. He should propose a Ceimitittee to ca-
lm,* into the subject, before he agreed to the ptopusal.
Ple,k:arvirEll.-111!.0 opposed the itredisatre•
-The tita tro.:ELLor. of the Recto:week seid it was no re-
-le :Woe on.tbe character of the country bankers; it Was only
• 11.1.1•N1Firl security for, thee poor. lie ilea:42lm. d all idea (f
time beau its his eJstoisjiluirMt.

THE NATIovAr, PEGISTEIt.

Leave was given to introduce the two Bills, an 6 it was
agreed that they- should be brought in ou Monday.—Ad-
journed.
FRIDAY.

Sir R. Peet.-presented a ‘.'etition in favour of the Labour
Regnlotion Bill from Stockport.
Sir J. RAIIASI and Mr. FINLAY spoke against the Bill. _
Mr. BUTTERWORTH and Mr, C. Wynne in layout —of it.—
Petition received.
The Bill itself was ordered to be taken into consideration
next Friday.
AldermanWooD presented seven Petitions for Reform front
Birmingham and Manchester, and three from Watetinen
against the Rotherkithe Bridge. Received.
The Poor Laws' Amendment BA»was ordered to be con.
sidered on Monday.
Mr. ROWORTH made enquiry respecting transactions that
had taken place in India.
Mr. CANNING could not give answers on this subject, as the
official :Accounts hail not yet been received.