The British Press; or, Morning Literary Advertiser.
London, England, 1816-05-18 00:00:00

CORONERS BILL.

The Earl or EGIMMONT presented a Petition
from the Magistrates and other Inhabitants A 4 the
Comity of Somerset against the Coroners Bill.
Lord lIOLLAN thought it was a sufficient ob-
jection to the Bill, that though obviously of a ge-
neral nature, it was introduced into Parliament as
a private Bill.
Earl STANtIot•E agreed in the objection of his
Noble Friend, and declared his intention. if the
Bill should be read the third time, to submit an
alteration, by way of rider, for the purpose of cor-
reming the error.
After a few words from the Earls of Li►erpool,
Egremout. and Derby, and the Marquis of Buck-
ingham, Monday next was appointed for the third
reading of the Bill.

MILITARY IN THE STREETS OF THE
METROPOLIS.

The Marquis of litical NMI AM, in- titling to make
his g seri motion, relating to the employment
of the military in the streets of the metropolis oh.
►creed, that the Niiirject had acquired additional
importance f the circumstance,. that +Mended
the former discussion. It Willi of infinitely more
importance, because then, for the first time, a pis.
siiiee breach of law was excused ha the Secretary
of State, upon the g I of n waist of communi-
cation. An appeal to Parliament became neces-
sary on this account, not because the law was in-
sufficient to protect the liberty of the subject, hut
because his Majesty's Ministers were incapable of
carrying the law into eff.ct ; not because new en-
actinetits were required to place the suliject iu u
mate of security in this respect, but lwcatsw the
hands of Government required to lie strenvheiseil,
for the purpose of enabling them to carry the eini:-
ing law into execution. It was impossible fur I
to suppose what the feelings of his Majest)'s Mi-
nisters might be on making such is statement to the
Home, but it was not a little surprising that the
Noble Viscount, who, as High Steward of West-
ininster, and Secretary of State, controletl the po-
lice of the whole couutry, should be placed in t, si-

tilt& Mn extraordinary. Circumstanced tet mat-
ters were, it breteste the duty of Parliament to 'Mt-
der his power sufficient for the theirs of his ether.
A Noble Friend of his (the. Earl of Essesi
compluisied some time ago, that he was stopped in
the streets by the military, not tictin, under the
colloid of the civil authority. The Noble Vircount
lan! promised, on that occasion, that care should be
taken in future to correct the grievance, and that
the 'edam.* should lint be employed withutst the
civil rower. Again, however, his Noble Friend
was obliged to csonplaiss, wish this additional cir-
ettinstence, that the robber, nn hieing asked where
the peace officer cuts 691 1w funnel, said, lie knew
nothing of pence officers, I acted only under mi-
litary nutters. The Noble Viscount was therefore
reduced to this dilemma:—either he did tint keep
his wool (a suppositiou which he wits persuaded
must be utterly mai 1111 l or else there was a
power ;delve the law, competent to employ the mi-
litary at its own discretion, without any cumulus&
cation with the civil authorities. He was sure that
the Noble Vi.roant had redeemed his pledge to
the utmost of hii übility; it therefore became tre-
cessery to know what that power was which
had arrogated to itself the privilege by which
his intentions were defeated. He had thought
that he hued in a country where there was no
power above the law, Kiel where Ministers were re-
sponsible for all the acts of the Government ; but
now it flw:toed that we laid a power shove the law,
and that !Ministers were not responsible in certain
cases, where they could pleas! for their excuse,
that the cominutuication was incomplete. Ou the
former occasion, the !Mini-ter had recourse to sir-
gements in justification of the practice of calling
out the military. He had told them that the law
should give place in route rases to public con-
venience ; and this lw illustrated by the case of
Mr. Hastings, dui Mg whose trial the military were
so employed. lie denied both the pita:tele mid
the illustration. The law should never yield, at
least the moment that tiny departure from it was
felt as a grievance, that moment it should be
redressed. 'Cite Illustration was altogether inup-
plicahle. The complaint was, that the military
had ;acted without the civil power ; and es st proof
that such a practice was justified by preredent, tile
case of Mr. Ilastiittes wits brought forward—a case
which could only prove, that for the purpose of oh-
taiiting access to the High Court of Parliament,
the military were employed under the sanction of
Parliament itself. Another arginnent of the Noble
Lord (Ilarrievlty) was, that if the act was
it could signify ionising whether it Wad committed
4,.stioldier or a constahie, a man with a staff, or
a melt with a mem& He scorned, it as no blitall
proof of the indifference itf those attire to subjects
of tuck constitutional inagtotude,• that the Mini-
sters of the Crown could resort to such arg ttttt ents
in defence of such an abuse. He recognised the
civil as superior to the military authority, not Ix-
cause it was more of dealt, butt because it was
more constitutional, because it was better known
to our laws, more consonant to their spirit=
because the constable was sworn to preserve the
peace, the soldier only to obey Isis orders--nsel
because the 'comitable wee rendered responsible
for bii conduct by the provesion of several
Acts. Besides, every n icipal body had it
right to use the civil power for the purpose of
restutving istihoncer. 'Clue illustration of the
Noble Lord did lout apply ; that which was done
by Parliament to secure its obi twivileges bore 1,11
parallel to the present case. Parliouteut had itself
applied to the Sovereign to cull out lois guards on
the occasion. The Sovereign could toot otherwise
have done it : lie could not exercise, he could not
claim a power equal to that of Parliament. Henry
the V I Ilth had made the ersim, but it never was
admitted. He knew that the uniform candsict it
the military might be stated iu opposittou to his
maim'. No one felt inure than lie din the gallant
serviers they Ilan rendered to dirk country, or the
judicious superintentlessce of that Illustrious Per.
&image who was placed at their head. But he was
auxious to see the constitutional authorities sup-
Isom ed. His Lordship then moved a retell a tion,
declaring the fact of tow ohstraetion offered to pas-
seugers in the streets by the *Minnow acting without j
the civil power, and pledging the House to address
the Prince Regent to know by whose ordeis the
military were so employes!. Hr was happy to be
able to add, that a considerable silicon had taken
place in the arrangement for preserving order out
the last occasion, wheu the greatest cosicsmrse of
carriages that perhaps ever ussembled crowded to
the Queen's House, the Number of those who were
anxious to pay their respects on time late marriage
basing so great. The constables were then employed,
nod were adequate to the duty. If. therefore, he
understood from the Noble Viscount, on whose pros
move he loud every reliance, that the evil complained
of should not occur again, he would willingly witlw
draw his !notion.

Lord Si DMOUTII said, lie felt it necessary, for tlw
inforniani tttt of many Noble Lords who were not
present before, to rotate the cirettnistainws
A NO,le Lori loot complained a few days *MCC
that he had been stopped in the streets by militiry
power, and that time civil power was not in attend-
ance. Ile was ready to admit. that me all OEl'll..
hurts* where the military welt called out for pur-
poses of pirldie convenielice they should be ro
attended. It so happened, however, that no cisil
°Meer wits on the spot. lie had then stated, that in
such cases ns the our complained of, the military
were not earlo-ol out by an order from the Secretary
of State. lie had inquired into the subject, and
found no precedent for such interference. %float-
ever they were employed for public convenience, time
Chi. f Magistrate or ‘Vcstioinoter. who was careful
stud active in the iwrforisiance of his duty, sans
hound to provide that the police *tumid he pre-
sent. la that instance there wasiiimow no the spot.
He (Lord Siiiiiiouth) hart promised that as far its
depended on I ,he would take care that such an
occurrence sholtld 'sot take 'duce attain. in cam-
(relive of this pfostirs, he had waited himself at

the Chief Magistrate of Westminster, amid inform-
ed bun that um tome the civil power ;timid oat
only he called out with the military, hot that the*
should be invariably on the spot. lie 114tq1e11.,11..44.
thins to thew, that he was nut so wanting in the.ful-
ti Intent of his detivration, as not to take every step to
redeem it. A few days ago, sestuther corfigasisit tete
made by the lame Noble Lord, who stated, that.
ens inquiry, Inc fonsid that no civil olii4rs weld
present. lie (Lord Sidinnuth) had obstreed,• us&
that occasi ~,,, that there was Ironic irregularity in dui
arrangement. The Secretary of State ought to Fe:
informed of the intention to call out die ratline!,
except in cases of mere stater with which. he v
sure the Noble Marquis himself would not le-
commend the Secretary of State to ittterfetro
On other occasions, communication should he
corder :hat be • might remonstrate agaiust the
arrangement, if it appeared to be impropas, sk
at least th it he might take care to bee that time
civil power should be at their poet. In the cases a
Hastings and of Sachavarel, the House of Lords
had called upon the Sovereign to dill cost his
goods, not for the purpose of acting with the
civil !tower, but by itself. The vied power
was, and ought to be, the highest it this. country.
turd, he would allow, there should be some rtsspon-
bible person to direct and answer for its conduct.
That duty bad liallen to him, and be should dis-
charge it to the utmost of his ability ; but he could
assure the Noble Lord that, with all his reverence
for the civil power, lie should never shrink from.
mutinying the military when circumstaiset:s might
demand their assistance. He had stated to the
House in what manner he had acted: The Noble
Marquis would deal with his own motion us he
pleased.
The Marquis of BUCKINGHAM eirpreued his tea.
,tisfietion at having brought forward the subject, air
it led to the vindication of the Noble Lord, end
felt not the trust difficulty in volt4:drawl's-4 his motion.
. The Earl of Lt-sieaice said, that t.sough the
Noble Marquis had withdrawn his motion, he
could mint help expre,sitio his astonishment that •
such importaffee should .11.te eutecticd to so insig-
nificant a subject. - He had characterised what
had happened its a breach of thrlaw, to ender out
the troops, not fur purposes of State, but for the
preservation of the public peace. if it was in
reality so, it was one that had coutiimed to be
committed ever since the Revolution. The crowd
(lie had almost called them the snob) of yes.
terday—(A lawgh)—would have caused the great.
est inconvenience, but for the foot soldiers. For a •
101 l series of years, 1806 not forgotten, they were
culled out, yet no complaints were then heard—HO
complaints were uttered while these Gentlemen
were in power, who had predicted that no British
soldier would lie shortly Ittuad in the Printouts
except as a prisoner.
[Here the Noble Lord was celled to order, and
after a few minutes proceeded again.]
Time period of appertereassioe otaillAtsrler the tuer•
ceases of our army, when it was dtiveretl that
their employment ut home was ettetedtd.wesbl=
to the Constitution. He saw yestenlay imam
itistatices et' disorder—be saw constables struggliits
with foottni ii, and beaten by thrift, indeed infra-
Leati-st.—( laagh.)—There was uo
Itricty that he could see; mu calling in time military
to prevent such scenes.
The Earl of Essrx was stiturierd that it bliouli
appear a trilling matter to the Noble. Lord, td be
insulted hr w soliher ill the *units. tie Fished its
know front the Noble Viscount, as he had Stated
that there was no precedent for the interference of
the Secretury or State on such occasions, but bill-
mated that such a grievance shout., mint occur
again, whether he spoke officially or other Wise ?
Lord Si °mourn said that lie *puke officially.
baring receiterl lii; coininands
that the military should in liittlre act utsiler the
civil authority, and to make the most elfin:tun'
regulations to prevent repetition of otke con::
plaints. .
Earl StAnnolis observed, that they had heiret
of constables being infernally beaten, Ire should
consent to the motion being withdrawn, bectfuste
Ministers were most confnundedly beaten. The Ne.
hie Viscount had told them, that he had reciived
the Prior, Regent's commands; it proved the old
proverb, which he hoped to see obeli proved—
.. A Minister, a spairiel, and a wallow-tier.
The mitre yeti beat thew the better they be."
After a few words from the Earl of DARN t
the motion was, with leave of the House, wu:admawu.

BANK RESTRICTION BILL.
On the motion of the Earl of Livekeohro
House resolved itself lido a Committee ou then:ink
Restriction Bill.
The Earl of LlTErthoor. said, that whatever dif-
ference of opinion there might be ou the subject iti
other respects all persons were agreed that the er-
stairt. should be continued for some time lotege
Ys a Ilretl4hill V preparative to the resumption of va.lt
payments, iu proposing the present Bill, he rune
&red it iu this view, not only that the B:mk shoul.l
return to calls icevnients, but that it should du so at
the earliest llrriu4l consistent with the publichete-te.t.
Tele preamble half stated as much, anti if co
new or extraordinary circumstance was to comer,
the Bank must resume cash payments:it the pcti,tl
limited by the Bill. The Act of Restriceime Fuse,. el
in 1803, provided fue Its coletronaoce 1... • j
11101101) 91W the signing of a clefinitive Treaty if
Peace. An immediate departure from the. s% mem
would he attends(' with the cotes, epicure.,
as would upprnr when they conslieted flee stile'.
pion cf property that always took place iii the
change front oar to peace. The iticonrctoenci 9
were greatest alter the most suects.lial our.,
ass the ceoe in 1763. He knew th it rest dirt; r-
elm* of opiaion existed as to tl:e proprie cf
‘lo;epi eg cash payments in the grit itest.ce.te. -
It %VHS 1119C:I mule advantageous, bode to the iedolt
and the public:, to affix a rendes period, elite, sc.
cording to all human foresight, cosh pay tueot, c. •to I.t
be resealed, Beau to select ir shorter time,
pussibly, it would hereafter be requisite to

111 «as ueeaer Oils impression, and stills a view to
the general bcottit of the coontry, that he was in-
deretat to propose, as the period for the resumption
exa)i pkyments, flee 3th of July, 14!1 8. Now,
*ley lie thoreght a lesser 'Period inexpedient was,
that even thieve who deprecated the sisrasure of nosh
evenrictiirii;*iiiiteifiel the iteremiry or
centime in tics respect. Tier Noble Earl throe
took a review of the circuinstasakys under which tier
caah restriee. had been proffacted. This eras or
x•osine.. minor drove, (remembered by the foreign
oxesemlettery wheel, the iiecesotie• of war created
Joel Isere he hewed IA say that 1w server :advocated
'tout expeosem widened fully nelinettesig the conse-
quence to whieS it Irel. sod it+ select' as an
'cbmettied resresite for tier beerier of the coon-
try. The seat evpriebt .e re heel, el it ring the
1.14 five year , drawn the coewer of exelemege
mach a*" t this cemeetry. Tio4 necreemrsly
ivitlidrew a great portion of tie. speeme of tlw
country. Herr doe Noble Earl alltukal to the
Jteport of the Hellion Committee of the House of
Cosmoses. which was its its smile riled* rebutted
by tlw eiburse of isobseryuent facts. The pear« of
1 811. and that of last year. had sheen the opriiiieg
ter whist was to he expected in a period sr pester,
eerie beyosol the warmest anticipation, tlw courm of
exchange at ate fell, and specie returned as rapidly
sea it depareeel. This return of favourable eirrisen-
wooers could not however at once brine the state of
things to their former footiatg. This reversion
swat be the result of a gradual progress of
events. lf, themes'', the Bonk was impe-
ratively compelled to.resmise molt ploweds with-
He a sheet portal', they mast of emcee/say at
mice go into the Balboa Merkel, the re-
sult of which would be. that the madden rise two-
deiced by the great demand, would at rice/ counteract
the intesetiona of thew who augur so much from
the uwasure—the course of exchange, winch other-
wise wank' flow on in favour of the country, would
moan dim against it, and defeat 111141 injure the in-
terests of nil theme who are involved in tlw male
vperation at issue. It will, perhaps, be iesked,
wii.et security there exists fur the Bank slamming
its cash payments at the endenf tlw proposed prritml
of two years?-111eue, hear.)—To this her would
reply, flee security of Parliament ; for, as the rt..
*IR 111rAPUfe rendered it imperative that they
thmild renenine thaw payments at the end Of two
years, en it rrested with Parlianweit to eiderce its
own opinion by withholding any further exteiseeeme
of time, and allowing tlw present propubition to
take its imperative coarse—the payments of coterie
nowt then be resumed. It would lee unwise, in-
deed, few ritlwr himself or their Loolaleips tee
pledge t'wenaelyes to an irrevocable opinion; but,
lifeless some unprecedeuted event arose, Vet-re
~o reason to doubt that tier lore:west
urrinsgemetet would be final. He evoulel depot.-
cute any idea of a gobilesal resumption of caste
iesysnelit, a 4 a measure calculated still Integer
to protract the final anti general termina-
tion. "l'he Noble Earl concluded by combating
the opinioo, that the anus of Bank paper was Solt
of all proleortion augmented by the mconiary ad-
vances snide to Government. This was by son
melons the caw, and it was competent few der. Book
rat any time sifter the month of April 1818. to call
upon Goverieeneeit for tier balance of ita *crowd.
The Noble Earl then propmed that tier 3th of
July Ibe I should be homier' in the Bill as the ;wee
pegiod foe the remoption of the cash payuieuts of
the Bank.

The Earl or LAVDIRDALIZ admitted the very
great import:owe of this sottiro. moil the Ileet.SNity
t,r procreolowg with steady and deliberate intention!.
towortlit Ihe resumption of cash payments. It was
therefore that he would propose their being re-
sumed toll tilt, sth of July, 1817. instead of 1/319 ;
6.14 whole Session for the intermediate
consider:it aaaaa and proper arrangement of the nova-
sines which most approximate this most necessary
event. would not narrow, the question to the
limits prescribed to it by the Noble Earl, but
would take a wider and more consprehroisive view
of its character. He well remenalwred the im-
pression cleated throughout the country by the
novelty ,gf the first restriction of cash pay-
ments. It was then only proposed by the First
tord of the Treasury for a term of lax weeks ;
this term was renewed; it was then extended to
the ensuing Seamen. and so an, 1111t11 it at ;rimlll
brr*ine a war measure alto4ether. He donned
that the present proposition was soy part of that
of 1797. The circumstances or war and Kaye
were getterally known and felt—the principle of
distinction hetween those slates was 11111111, in the ce.-
aatieli this consumption of funds, which were fed
toe the commerce of war. The immediate etfect
or the withdrawal of this fund fonts its airceist 1111 l ed
14 morl, w is instantly felt in the revenues of the
enssistry. What was the state of those revenues
now ? lie world defy the Noble Earl to thew
that he ronlol contemplate for a course of ten year%
Hoy state of revenue congegnotrate with his woos.
"l iii resouiceo of the country were its commerce
and macnractincs; these were certainly greater
now elm: previous, to the war; but it was not so
much their fitgetinglior that created their present
distregs, but the extraordinary shilliog of property
which this vigoallatiog system odriositotwol, itiolo4 the
iotliteliceof list fixed standard of regular eurreisec.—
The necessity for eincioniog this c:.sti retottanogn
bad 'teen often coosso..l--vitrintis down.. were
attribureol foe certain effects which it produced.
In stweehes and publications, the ioupostiloility or
re.dming cash issyments was argued 4111 die 4:‘14
high rate of exchange--on the extent or this fart ign
rvinittatiert —.411111 4111 the great importaliom or c,orn.
Surely this stale of things no loners existed. There
was too importation of corn—the exchange was iii
favour of the country—and was not tlw rove of
loollion so reoloced. that silver, in-trail of lociiig iu
11 pm;oint.on of 4s. 61 to the oonoil, paper tur-
ret:VC. WWI 110 W VC 1111111 si or pence of IL. 44111111:1TM 111.
doughty ? What then presented the niiul.hou of it
cash N~.trm saner 01411 two year!, ? W.O lie went
Ls Ire W:11101114. I hie pri'l2lll:ll'y ti lt.un r. iu the
Iwtiveen Govertoorot :mil the Roth ? auJ
w.o. it :oil 'trident that the hitter scold 11.1 hate
aJ-
i.oii•rJ its li,1)00,000/. :It all Inlet 4... t per
stiail 3,90:1,1100/. oitlioot ;ow intk rriit a haturer, 144'-
1,14144 its other advances, if it v•iwcteil to 111 1•,.111.
prltell to revoine INN nicht Witillii it short isvri“.l
oust wirstla it not have laced inailowss for Ministers
themselves to have called for sods ;droners, if they
nicaat that the Malik should retinue its old spitetu

Within a short spice of time ?—(flear.)-••Thio was
palpably evillent:froino veterewite tfilheroudatrt of
the Beak whets the restrictions' week first imposed.
Iss the month of Febeitory. etbens from the
nature of the Hank advance to noveritatent,
the former could not at once make good its.
mewl permute with safety to the public *mice,
the debt due to the Mork be; 11,000,000/. and
nowarde, did they continue to make Advances to
Gove4nnient ? No ; for, under the impression that
Use susperseion of sushi payments would he wily
temporary, they at •e. prorresled to reduce thee
skirt, and tort'se mouth of Octolwr, of the mine year,
they had reduced it from 11,090.900/. to something
about 4,000,000/. and had applied the amolult of
advauces so withdrawn to the purchase of gold, to
preparefor• their exoecteal imminent'. The Nettle
Earl opposite talked of the Bank being prepared
with cash imminent* in two years. Thin appeared
to bim (the Earl s.f Lituilerilale) quite is myetery.
lie was at 4 km to we Isow the B.sisk rosehi
reilite this expedients's., any more than he dimwit
the Goverument could balance its ,swe is wills
that Corporation, within the same iwriod, if
the present. syeteas were acted upon IVlten the
Directors were elsewhere pressed on throe points,
it was imp ossible to get hoot them any fixed slate
iu support of their resuguine worn . And hosts
Isis owes close inquiry, Ise would venture to assert us
is propoeiti tttt which eouhl be deationetrateil clear us
arithmetical 'woofs dust ,it was a fame to talk of the
ressisaption of earth payments lam two years. as
to the mammy laid doom- The Noble Earl, in sup.
port of his porsiti 00000 enumerated the various heads
of advance made by the Bank to Government ; Iles
6.000.000/. at ass interest of 4 per cent.; 3,000.000/.
without soy interest ; 6,Mt0,009/. on the projected
Lan, the inters o i 0000 or ohidh o was found twersairry
sifterward* tip elesistlon. Those ramie 000000 anted lii
15.000,000/., whirls, with the other actomintlitla-
flood to Goverissoieut, wi.lr perhaps' amount 10
134000,0001. Ilow, Ilis•refore. Was the outstaieL
Pig t of 40,000,01/0/. of outstandiug rime*
to he lurislated, while this hal use of (loverninent
remained warm!? Vase liaiik *ere to droned on
smelt a eyation. tier could not sum one-third of their
notes Su rash. They they, indeed. cuinineme
their p,iytneists; but they s 1 Id. of rievessity,
stop 'err the expiration of a (onight. Ilitt in this
cousidelatiois he would hold ti, it the reel question
was. not ill the duration of iiis interstwiliete space
of tine. but iii the liters* of proper preparatory
arraugetnents ; for, in mita of fact, the ressittsiition
could in as well amen:vet its .ix mantle. as in
y•earew—half a year would aloe er the olives:. wills a
good system ; .20 years would runt :wemillog to the
present cosinw. This WWI evident hem tine C7i peri-
slice of facts; for it would he found, iii a shwa-
smut formerly laid ant the table, tl, soon as six
sumiths after the restriction was imposes', the Di-
feet ors expressed their rem hilesis to rem,... • cash pay-
meta if this it itdvisnet to Gime tttttt era was peel Or.
Hilt they further added, that if uslvasices were still
called for, it would be out of t!.i.ir :.,••ver to do so—
rted this sleclerer wee. ma 'i• at a time when
7.000,000/. out of 11,000,0"0/. of the Government
Debt to the Batik hail been liquidated.—
Looking at the present measure i.e its true colours,
it appeared to him m frightful proposottun to pro-
pow, without sissy assignable 1,••:sois, the continuance
of a paper currency not ...revertible into a fixed
staissleol ef money. Such a proposition was rely
where dangerous ill its tend• eev. but more particu-
larly in a commercial co•iiitry, ferns its farrow re upon
her fitersices. 'the Nellie Earl here took a review
of the finesiciel same of the tuition, and inaintniused
that time deficit would Ire found tint less than
10,000,00ri/. a year. This sprung 14 the fetid
votirse which Gower sit were put:ming. lu
1807, whets a Noble Friend of his (the. Marquis of
Isissolow es) tilled the office of Chancellor of the Ex-
elwriuer. a coissitlerable increase of timatiou W,411
Imorm by the ireople without complaint. During
the last two years, however, sums Iwo, taxes could ill
shy way he sissposeg, soil the Chancellor of the
Exchequer was obliged to skew from the Slid, mg
Fused the interest ou Isis two loss iss. The Noble Earl•
then proceeded to slew the difference between the
nominal and real value of limik notes, paid ;leo the
Exchequer within a givers bra years. In•
the year !KOS, they amounted to 30,`279,938/. the
enlist of dime motes in gold was .29,474.146/. In
INI3, the notes pent into the Eselierpeer far ex-
t....toted the nominal amount of the Neuter. ',clog
37437,036/. ; yet from the circumstance of gold
being theta et 5/. lids. per ttttt ice, they yielife I less
real easels than the apparently smaller valise of the
former num. Gold was nuwxtnlio at.or rather tinder,
4/. ; and yet ww step wise Iskt•ly its be takes by lise
IL,i,k. Ile di (rolled the Report of the C
C ttttt 'suttee. fr the aspersions cast upon
it, and maintained that it sue perfectly correct in
its Mails 'posits of the ileibret iatioil poqwr cur-
rency. Ile then chewed the increase and decreaw of
country bunko, during late years, and their
051 the internal state of the !minden, and read a
passage from It work of di: late Earl of Liverpool
(whose opisiions on those points were high motto-
rite), to chew dust the nsetallic currency could slot
be exported. and supplied by a paper substi-
tute, without manifest iiijery to the true interests of
the country. Erase all the circtuustatwes of the
raw—fr a review of the excessive heist or the
Rook, mill present pl w of ill sionsagement—he did
not hesitate to ilerlare, that the greatest calamity
that could now Isere' the routine, if this plan were
to he moldered,wittll.l be the reetorstion of general
credit; the ttttt netlimte consequeure of which must
Ise, that the circulation of leper through the me-
dium of the country banks. who would Ise ready
at the itistant to enaloork in the spectilati ttttt would
create that artiliciel abundance, and re-
establish that ultimate depreciat• which has
mlreatly lwea so severely felt. There was smother
‘iew of this subject which had nut been much
Conch ed newts—lse meant the profit* of Ow
Did the Noble Earl, ellen he talked of the public
no:piens., the favour of is helii of I:,ooo,teeq. at a
redistaer niter. st of four per, cent.. know what those
.profits were? Ile (the Earl of Lissiderdisle) (sal ell-
aleavoureil,ois so reiluiwil 01..46.0%1111in lies last .24 hours,
tii ascertain the t of thaw profit. fir g
with /husk St.pek, %Inch, 'Own the reoriction was
solposed„ smellier(' 1.20/. rl4l' WO/. was IsoW
Or jig!. that la. an 11,1.,1110111 1401. to
every 100/. This prtmliteed a tend in favour of thee
Bank of net lives than i6,0u0.000/. and upssards.
The steel item was in noessuwes, which left a total
of J,000,000/. They also paid the.taa upon their

stock, but t'ney. derived a wr c. nta.;• %inch ::voi
than counterbalanced it. fur paying the tax oiriither
property with Which they were intrii.teil. Frooi
these and other POliftel of prolil, he was fully 411;e
to Prove, that out ;Ira capital or I t,Gt.t.oiw. ti., y
fsaJ raised a property of 411,0110,00 W. is 'thin a few
leers, MA gained an actual profit of 200/. per cent.
The public! were thus inaile to stiller, to proninie the
biterests of it few inJivldnals, Two yeiiil4•lll
like Iwo year's or win., would du not Witt in the revision,
01111'1.s ey•telll, without prompt and ellleaei.iiis regti•
linens. Without inquire, it war iwpssM.iblr ht could
give his assent to this Bill. lie would not vote io the
.Irk upon a subject conoequeinv., in in,
• '4, of the otot,ist import:me e to the tital in-
ter...its of the State ; and its t!sese revliii.o he begg.ed
leave to move 11w .i40,..t.t0ti00 of the word `• SeCeli•
ltrn" for " (Warr a."
The Eml of Lit v.rioool., in reply; observe& that
lie had already stated it to Jar 15,.. oinuitia„ that it
would he far snore polliie to lix such a period fur
the Back If/ 1194 1111 l e its cosh illymento as was likely
to prnve certain, 0411, WI flail been propolivil Inv
the Noble Earl to limit the duration of this Bill to
one year, and ilwrehy residei it necessary to intro.
ad, a slew Ball sit the expir.itiilis of that time. It'
hr thought that inquiry could tend U, enable the
Bulk to re. its payments in specie one hour
suniwr than was proposed by the protein Bill, lie
WilUld 11119 lit willingly ti4rCe to the 1411/010101i of adeh
a ecitirse ; hut, being convinced that nu such result
could be anticipated. and that inquiry would laid
to no good end, he felt it his day to oppose such a
intgeettion. . . . .

The question was then put, and the original
ilitratian or the 801 l to ISIS, wa4 carried without a
The Earl of LAU DER* A I.P. now moved the intro-
clitetion of the words in huger," after eighteen
litioarrti :owl eighteen.
The 11.:411 of 'AryI:AP:MI, opposed smend-
dteo•, wu.n the gr••uttel that the prilitil!ole to the
Mil sufficiently exorrstwil the intention of the Le-
gi,ldthr,•• that the Wolk should resume its pay-
ments at the tone speciticit.
The 4144,4 nu Ibis A mciolinent heiog. put,
*as vrtrati Veil, and the Bill went thraugli the
C ttttt niiiii.e.

ot!trr I Irdent of the 1/1c wrre then dispotred
of, owl the Iluwir Adjourn, d to Monday.