The National Register.
London, England, 1808-02-14 00:00:00

REDNF.IMA FEB. 10.

i'awkener, the Clerk of the Privy Council, presented an
or the Fees and Gratuities paid by persons for carrying
1: • i 'ign Trade from May, I/303, to December last, show-
inf. ..ortionment of the same.—Ordered to be printed.
r.,ple gave notice, that on Monday he should move for
a a Note of Mr. Pinckney, the late American Ambas-
sa,:m• iiolland and Auckland, dated the 3lst of Decem-
ber i relative to the Treaty betseen Great Britain and
ALW` 1' C

!,:aeridan intimated that on Monday he should move for
Co,i,to, a ail or any Correspondence that had passed between
Ali:asters and the Prince of Denmark, upon the Surrender of
Ccrfsaiial4en, relative to our retaining possession of that fortress.
A'a ‘,./1 iNCELI,IOE or THE EXCHEQUER stated, that lie felt
gutit satisfaction at being able to state to the Committee the fa-
va..e.!ile arrangement he had made with the Bank. The ar-
raa;:t,aleut to wheel he alluded had arisen from the suggestion of
tut' t insure Cumatittee of last Session, and it embraced three
dte.ereut subjects. The first was the management of the Public
licht; tdiv, -Lae allowance to the Brink for that management ;
and Ltstls, foe Unclaimed Dividends, and Unclaimed Lottery
Prises, remaining in the custody of the Bank. The Right lion.
tieatiemae then went on to describe the sums to be allowed the
4atik for the management of the Public Debt, at the rate of
;i4:51. per million, as it at present stood. When the debt should
be farther reduced the allowance was then meant to be 400/4
per million. This arrangement would eventually prove a sac-
ing
of 640001. or 65,000!. a year. The next point was, the
glance the Bank of 3,000,0001. during the war, This came
from the advantages the Bank enjoyed in possessing the balances
of Cue Public money. It appeared from the most accurate cal-
culation, tnat these balances amounted to something between
eleven and twelve millions, from which, however, there fell to
be deducted 6u0,0001, being a deposit on account of America.
Ii unwanted in the whole, he believed, to ten millions and a
half, deducting the above sum. He then described the amount
of tae Unclaimed Dividends from Hof , as amounting to
bOO,OOOl. ; and the three millions as the profit of the Bank on
the deposits of Government in their hands. After some further
observations, the Right Hon. Gentleman concluded by moving,
" That tonards the Supply granted to his Majesty, a sum of
500,000!, of Unclaimed Dividends, and Undcmanded Lottery
Prize',. be grauted."—lle stated he should move the other Re-
&elution after this preliminary one should be agieed to.
()n the question being put, 31n. tiaen es, the Chairman of the
Finance Committee, commended the object of the Right Hon.
Gentleman had in view, on the principal that it was nothing but
I.4tr that the Public should have the use of its own money. A
Letter bargain might have been made, and it would not have
been detrimental or injurious to the Bank. He conceived, that
a reduction ought to have taken place in the allowances pro-
'rased to the Bank on the management of the Public Debt, as
tile a:iv:lnce front the Bank of the three millions, withont bite-
resi, might endure fJr a loag time, at least until the end of the
war.

•••; .

MR. T,rltsry did not approve of the Resolutions, and urged,
Clot the Bank ought, froa► the public balances therein deposited,
to take the management of the national debt without any charge.
Mr. Banke4 and the Chancellor of the Exchequer explained,
when the itesolut ions were agreed to, awl the Report ordered to
be received to-olorro w.—Adjourned.