The National Register.
London, England, 1819-05-23 00:00:00

nousr. 01' COMMON c.

'6 That it is exig.ilieht to contir.ue Aloe Restriction on pay-
ments in Cash b) the Bark m I:oglattd, beyond the time to
‘‘ hi. hitis at present limited lass.
•• That it is espi dieot 'ha; a definite period should he
fixed fig the teriotoottion of the Hestia( on Cash Pays
'aegis ; mid th.t pi eparidory measures smould he taken n ilb
a view to f.icilit ote and ensure, MI the art lag' of tlhi, period,
for I,a)itsi ct of the Promissiory Notes of the Bias: of Lug-
laud in legal II of Lie
.• l M.t iu oiler to give to the Bank a greater contrmil
over the issues of their notes that the) at prrsrut pi,nbeSS,
pro% isimo ought to he made fgr the goadual repos me..t to
the Batik of the vain of ten miliions; being part of the tutu
f!Ut• to the Bank, no at.eoUlit of adsvIICC6 111.111 e by them fur
the public service, Nod un account of the purchase of
E torquer Bills othler the authority of tlte Acts of the
Legislator,. . _

'I hit it is expedient to provide, by law, that front the
let of February, IS4O, the Bank shall- be liab:e to dolts cc,
on demand, gold of standard hornets, having been assayed and
'tat: ped at his Nl..jest) 's NI int, a quantity of ti-.t less than
silty ounces being required in exchinige for such an :taloa:it
of notes of the Bank as shall be equal to the slur of the gold
so required, at the rate of four pounds one shillidg per ounce.
" Itrit front the Ist of October, I a2O, the tioak shall be
liable to deliver, on demand, gold of standard fineness, assay•
ea and stamped as haute mentioned, a quaidity of not less
!Imo siyt) ounces being required iu en hau..e fur such ati
innount of antes shall bet quill to the value of the gold so
sequivid, at the rate of 31. 19s. 6J. per ounce.
• Thoi Ilotn the nt of NI ay Ibdl, the Baulk skirl' he liable
to lrliver, on demand, gold at' standard fineness, assayed an
tidiard as berme-mentioned, a qu until. of not less than
i sty ounces being n citified in eschinge for such au amount
~r notes as s'.1:111 he urinal in value to the gold so I eyured, at
the riite of 3/. lii. 10:01 per
" That the Bank 11111, at :in, period between the Ist of
February, I8':0, ma. the Ist of 'Slay, IS% I, ontlettake to
deliver guild of standaid fluent sS, assayed and stamped as
before mentioned, at any rate heti% een the runts of 41. I.
per eunee, and St. I is. I t,d. per ounce; but that such
inter mediate ruit.• liaviag been mice lined by the Bank,
that rude shall out be subsequently increased.
" That front the lit of 'Slav, the Batik shall pay its
notes, ,111dernalid, in the legal loin of the Realm.
. .

" ilia it is expedient to repeal the lax k, proll'ihiting the
melting ei.ct the exportation of Coin of the
19til

CoRRESPONDENCE BE rIVEEN TIIF, CHAN-
CELLOR 01."111E EXCHEQUER AND THE
BANK DIRECFORS.

" Dtm oing-strret, Ist of .10,, 1,519.

- -
" Gentlent( m-11 t being ahvointely siere,vary that the ruin
adviita VII Out of the consolidated fund in Ireland for the
service, shoulsl be replaced to the credit of the Coo-
solislats-d Fond before the close of the preseti quarter, and
it a ',pea. in 4 proliable that the payments into the ►•exchequer
the means of doing it, and of providing for
(elver ntcessary payments, in which case the only tootle in
v. Inch the stone can he 'villa, est wtil I r by au issue of
Ex eh, qi.ct -bit for that purpme, which will not exceed
6 " I request, the refute, sat will llitve stir goodness to
move \out out Coat t 10 I muwtt to seceive.uch Ey heques -hills as
money, I o he applied :on tads payment of the dividends be-
sotting due nit the sth imtant.
e " 1 wi•h it to be understood that this advance is not in-
tended to itici.ease the perm:mem advance of the Litiik, but is
to be vitt% idrd for sephrately.
" l have the honour to he, fletitleisti it,
" ►'our num. olvedietil :h. V .VS%IITART."
" The thivettior and Deputy Governor of the Batik of
England.'

" the Committee cannot recommend to
the Cou t of Dort-tort to conicity %% ith the foieioing

" Resolved,—'that the application of the hancellar of
the Exchequer cannot be complied "
" At it Court of Directing at the on Thin silay, the
9th ot July, IHl.t. tic Goveroor reported that hinoelf mid
the Deputy Govetuor had waited upou the ChacceDor of the