The National Register.
London, England, 1819-02-08 00:00:00

WILD ANIMALS.

Mr.Lairsoh observed, that It had been said of him that it
110 fief) a iellow feeling that he adtocatsd the Call ie of the
fits motors, The fart was, that his attention hail been called
to the subject by the cireinustance of a man having hero
for PlOlllll% tame ferret*. The Twelve Judger had derided
that he way halite to nit ponisliment, as they were wi:d beasts.
Bat the ferret was a moat usettil animal. especially as it was
the maint enemy of the rat.— loud Laugh.—lle wialtvtl
to
protect all tame animals, even rats! theni,elvcs, could they
Ire tamed and made to decoy °that' ot their species into their
toils. The Han. Gentleman moved tar leave to bring M a
Bill, on the 22d of February, fur tlee protection of wild ani-
mals recloiiiied.
The Gallery was cleared, but no division *auk place; aid
the autumn, as we uuderstitod, was lost.

TUESDAY.
The Sr;•Aireit stated, that he bad reeeived Iwo Petitions,
moplainiag dam UilChit Election fur lite comity of Galway.
Petitions were then tit eseirted from Reittliii2, Kochester, and
Bristol, consplaiiiing of nodose elections. 'filo two first were
oides.ll to he tal,eii into colipideration on the 11th, and the
lait on the trlth or Much. Several other Eittetion Petition.,
were elllO divosect of.

CASH-PAYMENTS.
Mr. TILIt Kiri( rose, and stated_his object to be, to move
fur the appointment of a•Coinnsittee to inquire into the effect
produced by the suspension of Cash-payments on the us-
change with foreign countries, and on the cis eulating me-
dium. It was nrideistoodthot Ministers intruded to continue
toe Restriction Act to March, It 120; and the question was
one ot the most important that had been aeitived since the
ranro'ittion, and was becoming a (epic equally popular with
talteisal Sofres. or Parliamentary Reform; aid he was
disposed to think the Petitions on the subject had been tiro-
toted in (hemline mainter. The only reason that he could sue
tut iiequiry being opposed, was, beanies it came from his
Sde ot ate House, and that he was the mover aril. He ad-
mitted that the .paiueiplea laid down in the Report of the
4.....mint.ttre formed his.creed. The question had be-
come d ti: tent from what it bad been berme, as •it was no
longer time of inc.. abstract reasoning, brit whether the cir.
,mlattou could be restored to its former state.Mtich alarm had
aad lit en telt ou the subject : and it had beta said, that
should tomtit' be resumed, the country would be
ruined Such a doctrine had caused is him no surprise, after
Vie long twin &&&& *nee ot the Restriction Act. It was sane-
:Mated uy men of considerable influence in the country ; and,
tour,, the truth, by u passel 101 l body; who attempted to con-
trout both the Bank the In Many of them were
men of the fairest character ; but the tail was fainted by
others Of it very different description; men of no capital.
who had uevr-traded themselves, and, on that account,
tvislted to keep the circulation as full as po•silik., and whose
Pain %VOA be inevitable open the Celaril of it metallic cur.
Tetley. But it was extraordinary in& ell that Clielaildithuuld
tot have the same citeulating medium st ith all Europe be'-
dr. It ine Chancellor of the Emlieltier was not an MAIM'
Clint in the hands of those Olen, lie :• 01 at lenid lent than
r.ieeti.ai aanstanee. No system of 'insure had beim (stir
blibtleli Miler Ike peace, nor Ind any attempt hems made to
:-rot lb. y from its &Menhirs. The object of she
omwelrbr or the Et/cheque" was to make if believed that the
tictiow and the emptualiture would he equalized.; and the
:ale was, that he paid tttl so much debt with alit Sinking
l'And, and added as teach to it by the issue of Eschequei
Bills.—.lea'!—la the years ISIS and 1517. the toll3unt
of
Inv p0p.,1 ro et:inflation had been extremely low, and the
( halicei;or or the Exchequer, with an air of triumph. seemed
to ha..• doubt about payinr of: the Four or Five per
heat•. taut ion after the Bank of England ands he Country
batiks L their circulation, and that leas the reef
cause ul lila. triumph. If the situation of the country e
not teo:keil .It at ell; .and what would be tue consequence.
ss ar 6brewl; mill Would to Heaven he euulsi prevail
upon 010 opensite side tocomient ! lf, after GYP, Or el Itost
Pon, yroo• of peace, we were still to proceed with tilts pave'
acetrro .t.lll-.411 enquity, let any Gentletnaolaybis baud numb
his brad, miss! consider bow &radio! wound he the rouse-
goon, es, it a Wile, or even ant iiiinJuietit, were In niter., rue t
Whri resumcrvuad We hat paper; whot inestis of sti pporting
•ourset•es, but by one piece Of puller piled Anion another
Toe R.g,it Hon. Gentle-mail would :Los, no doubt, .`
is the menus entenee ? roam to regret Ihat tlsc re
senile .• oneinehted,? Mal 1 has e been able by she ware of
to reduce the rate of isiterest i" 11.' (Air.
, would indeed rejoice if he (Amid p•r.olade hisiesei;
that Mob...bed low Gale tit holes v4i ponrerdrdfrom
sound m6:l wholesome rouse ; but it, on Ille rO• I 554
• tu aan eXtlllV44ifili enussiau ofooreei, it Was
Alert Luise> and dentition to hold 0,114 noeen that never Clinks
Lc realised. The low tore of inteteet an the emit& y
Irma the excessive tarns ul p.. psi, rind had It d Lt. • wave.
.▪ .a.l fluctuittious in the fund:, tn the gicwt tiala" "'al a

THE NATIONAL REGISTER.

certain race of men. In 1817 the 3 per Cents. bull been 133,
and in the emu se of eight months they had risen to 34. He
himself should he sorry that the 5 per cents. should be paid of
by a forced paper circulation. He should call it a (rand
upon these who had place.' their money in that (nod. The
pie-tent system could 11101 gut en; though lie had on doubt that
many were of the opinion that there was no need of re-
Pliing to Cash payments at all. The ohs ions course was,
Ihe appoinfnent of a Committee, n Melt would tarnish ma.
t: rills tar the consideration of the House. Ile saw to rem sssss

ag4.uht the return to Cash Payment*, a* the <vitiation related
to the currency of the country. The foreign loAus amounted
only to 12 million* at the beginning, which were to his paid in
dine tumults ; wnich stun had been afterwards reduced to
lY millions ; the time eveet4ed to 27 mouths ; so that the
SII.II to he sent out the country was cid), 330,0091. per
tnonth. Atli, that by private individuate. When the Bank
I egatt to take steps to pay in specie, the Storks had fallen,
and those fluctuations had been productive oS" gain to twilit'
men ; while, on the other hand, the lo+er. lmd t,een those who
relied on the declarattoto. of the Gove.siment. The present

Chancellor of the Exrlieqtter called for more unlimited con •
Silence than Mr. Pitt bad reef* illoiie it, the plenitude of his
power. He (Mr. Tierney) hail offered to excliamge motions
and pluoa with hint (A loud laugh) hot the Bight Honourable
Guiltier/Mil Max out to he moved. 'llse Right Honourable
Licitilimueu had pposeui all enquiry, till it had been rearm-
mended to Min by the Do ectors of the Batik. He had no
doubt that the Stank was prepared to pay in specie ; butt in
theattutiun or' the Chancellor of the Exchequer, there was a
sweeping clause us to other matters, that might mean any
thing or every thing. Hr himself only wooled distinct an
I owe is to dart ent paints. If the House could stand by litin,
the Right His .oni Ault Gentleman would give way, as lie had
done on a forme' occasion. After the opposition he hid given
to the inutioa of Itia Hum Friend (Mr. G11.111'0), lie had now
agreed to all that had been demanded. The case of the In-
come 'fax moist be fresh in the recollection of the House, and
tha case would be the sante upon the present occasion, sleitild
lie (Mr. T.) hate the suppui t of the House, which lie tilatight
lie bad a right to claim, as all his predictions had played to
be right, and those of the Chancellor (tithe Exchequer to he
erroneous. He could not believe that the House would re-
ject his motion, out of compliment ta the Chancellor
of the Excheriner, whose oltject was to skew his strength in
the nom Pailianient •' and a better opportunity could nut
possibly be afforded to new Members, of testifying their
devotion to the Minister. —The question was, as to the ap-
pointment of a Committee. There was no ground for se-
erecy as to the general question, and, with respect to th•
affairs of the Bank, he should nut object to a Secret Coin-
nisttee, so desirous was lie to come to a grand iiiidtrStaaLliag
with the Right Honourable Chancellor of the Exchequer.
The Right tlonoteabie Gentleman emu-foiled hie soeecit by
anoslug—" Thai a Committee he appointed to enquire into
the efleets produced on the excliauges in foreign commies,
and the state of the circulating muclium, by Ili. Restriction
on Cash Payments ; and to report whether any and Nt bat
reasons exist far continuing it beyond the petiod now fixed
I by law for its termication."

Mr. VANSIiT.tRT expressed his surprise at the coorse
which the Right lion. Gentleman had taken, who hail flist
given a notice of a motion on the state of the Finances. 'this,
however, he had entirely abandoned on his (Mr. V.) giving
notice on the present subject : but even here, as it would
appear, from no other reason than for opposition, the Right
Ilanumaule Gentleman bad proposed a motion less in extent
than his. 'lite Right Hon. Gentleman had accused Minis:ers
of doing nothing '
P, towards reducing taxation, or the burden
of the punlic debt. In contradiction of this cisertion, he
would show, that in three ycaus from the termination of the
war, tiie people had beets teleased from a burden amonntiog
to at teas' 14,Mm,0001. of taxation : and Ciere bad also beets
paid oil Irma 15 to t 0 millions of unfunded debt. He chal-
lenged the Right Hon.Gentleinan to contradict this statement
if Ise could, from whseb it appeared that Inoue had been done
in these three years, than its any other period of peace since
the Revolution. On the present occasion, Isis object as writ
as that of the Right Hen. Gentleman, was enquiry ; and, as
both bad the same object in view, he trusted they should
not differ inateriaily u to the mode. lie had cc. tainly conic
down to the House on the first day of t;,i! Sessnsii, and given
notice of his intention to propose a silost prolongation of the
Restrictions vii Cask payments, and hid nut then mentioned
any enquiry ; and be hat refrained from doing so, thinking
that the enquiry would have been better delayed till nest
Session of i'arliament t by which time the confession into
which the financial systems. net only of this country, but of
every Government ou the Continent, was thrown *mild have
Subsided, and the enquiry beets gone into with more advan-
tage; sod he should, smiler that permutes. have proposed a
coatinuation oldie Restrictions till March 1801 but eirenin.
stances had arisen which induced him to think, wills the
Right Hon. Gentleman, that raqiiiry was necessary, and he
would gn further. The Right Hon. Gentleman only pro-
posed to enquire into the 'Weil which the Restrictions on
Cash payalielill liAll on the Exchauge. Now be, by Isis
proposition, proposed to go foram,. and enquire into the
state of the Bass of England. The Milt and pi oniinent
liar, of the rnquisy, us it struck him, was an etiqiiiiy into
'lse Bank, and the preparations they had made towards the
resmaption of Cash Payments, and several other collateral
circumstances. These 111111111 J all he embraced by his motion,
withal the Right Han. Gentleman's in stion would exclude
them. The Right Hon. (ientleosin insist be awa e, how-
ever. of the danger of R public disemsstre of all the concerns
of the Bank. His motion would as Mil that inconvenience.
lie should most fur the appuintinent of • Committee to
s tiqnite into the state 01 the Bank, relative to all matters
esciketed wdls the resumption of Casts Payment; into the
expediency of now resuming suchpayments and that the
.sid Committee should report to the Hoase the result of
melt • asp.iries is far its they could without itijnry to the
concerns of the Bank. '1 Isis *Mild be Isis 111(111011,
uul
nouldoss he conceived, Igo further than the .Right Nomial-
Gentleman's. Wilts respect 10 the exiciesion of
' the Itemricsions, if such should be deemed expedient, is
would be desiratile that the resumpl ion of P.O Illitllls
SllOlllll lie so liked as that it should sake place at a pet Mil at
which Pailiament was *Mine. The Committi e would bassi
tnnels to iuto they would enquire into the state of
she exchanges, the state of the foreign loans, and many
over swivels; some of which it neiglit he improper to make
1.0 ;;; it • ; but II would rest wills Biel; 1111 l not :re 10 stisettlisibAle
is, it ws %Shea 11.14111 wish as.rty be 'Tutted to the Reuse, and
what 004 W, eu4si•letilly wills the politic insist eat, to be
withheld. The Bigot Isou.tiruUrmlalacourluJrd It)
an altattitlAtetil, uuat.aU the Nut& in the original motion,
spur these, " That Li 0114 ..oillei be apro.alleti," 11110014 Ite
Ira otst, and the (f)r:0". ins me his, rico empiiie into
' the State. of the Bald. of England, the Exchange, and olber

inattrre cunuected with theßeimeiptionur 14.)

qIIS,

and the expediency of takii:g off the Restrictions; mud to
eport the result of itesl enquiries, as fer as the same CU11.4
be re ported consistently with public interest; shit th-ir
observations thereon."
Mr. F. Lewis, like every ether Member in the House, bad
listened with admiration to the excellent speech of His Right •
Hon. Friend; but all his ariconseots, however convincing,
had in all instant been overthrown by one sentence altered by
the Chancellor of the Exchequer: that sentence was an ae.
knowledgmeut that the Babk VIM not yet prepared to resolute
their Cwili.payments, and an entreaty that parliament would
appoint a committee to investigate their affairs, and to assbe
mem. Before he could conent to this call on the part of the-.
Hoek, be mast see the Bank make some attempt on their
part. This they might do by reducing, to a certain extent,
their paper circulation. and sce what they were able to do.
He would say to them, us „limiter is repress tited to have said

to the waggoner, who called Oa hint to assist its getting his
waggon out of a slough, Set your shoulders to the wheel,
and exert your own strength ; and then. it you call upon me.,
1 will kelp you." The Hun. Gentlemait sltoncly teprobated
the present system of fictitious capital and riches, winch led
individuals into epecnlations that ended in theirritia. lie
implored the /loose to return, as fact as possible, to the good
old E11,g11611 Claittlat of payment with cash, which, he said,
alone would save the country.
Lord CASTLEREAGH could hot but consider the preempt
question as lying in a very narrow compass, since all fiat ties
were now agreed on going ism the great, important, and ex-
tensive enquiry: though he must say, that he had agreed in
itivition with b a Right Hon. Fiend, that the Restrictions on
Cash-payinents might, dot obvious reasons, have been con-
thalami fora shout period, without further enquiry. With
respect to the Bank, he was in jostles bound lousy, that they
had acted as hunottrable ores cud good amens. The Direct-
ors had stated that they were prepared to resume Cash-pay-
mews at the time appointed, if they might be allowed to con-
duct the affairs of the Bank only with a view to the interest
of the Beak, and to slant their tars to all the wants and sup-
linications of the Public. They said, we (the Bark) ran take
cert• of ourselves, if you Call take care of the public, which
we caunoi under take to do. This honourable declaration, es
the pal t of the Batik, had sliewn the necessity of a further
continuation of the Restrictions ; and now an initniry was
about to take place, prematurely, as lie eousidered ; an infor-
mation issuer satiefactory to the public would have been ob-
tained by delaying the enquiry till nest Session. Thu questien
was, vs littler, by a premature opening of tke Bank, and re-
sumption of Cash-payments, commerce should be ruined, mid
tee commercial world thrown into chaos and confusion. The -
Noble Lord then pioeredi d to contend, that the resumption
of Cash-payments, in the present state of the exchanges,
would entail on our maeufacturers a 10S4 of at least 7 and a
1141:- per teat. and tern the Bank into an recharge for
liruktrs, and Jebheis; as our maisulactureis would have to
complete with geld at 31. Ds. 6d. per ounce, instead, as was
now the ease, having to complete with it at 41. 4s. ; and nut a
bale of goods would go out of this country but with that lose
upon it. He defended the Bank limit the odium which had
been tltrowu upon it, of excessive profits. The Ralik of Eng.
land ne.de no greater pro is on the suspen.iiiii of Caslispils
ractils than other hankers did, in proporiloll to toe automat of
then. capital- He lied never witnessed any interested motive
w hick had operated on the Directors of the Batik to refrain
eroa, cashing) meuts whenever the stale of the exchanges was
such as would admit of their resuming studs payments iu a .
manner beneficial to the public. Fur the reasons he had
stated, lie wall of opinion Cast-payments cuald not at pi mut
be streamed.
mAB,or,e, entered at considerable length into a se-
view of the. Feuded and Unfounded Debt of lbe country ; the
la tti r of which, he contended, bad been allowed to increase
far beyond what it °tight to have done. He contended, that
memo was necessary; the dust
517.117.01,,eusinri:ItsicisenicieilettCwasollUPlidi:lire to fund oar Unfunded Debt,
the next to reduce our taxation, stud to reeeme Cask pay-
thews at once, and not partially, and then the exchanges
would soon return to their original state. He was aware it
might be said, taxation could out be reduced. He was fear-
tat it could not be done; but Ire was persuaded, by an ex-
change of taxes, lour millions might be gained. He would
propose to repe.sl the vexations Assessed 'Taxes, which bar-
'betted tile tradesman and middling el , and sorroundid
their helmets with TaX.gatilttel S, Spies, and Informers, sad
etihstilute for them a Property Tax-- Hear, 'mall—lle -
pected this cry 1 but he worthd again repeat, repeal the LS-
1113Sfed feso., %%Inch peoduced about 6 millions ut Yr.:talons
taxes, and substitute, not an IaCOMP, but a Pioperty Tax,
which should he paid by the rich, the miser, and the ab-
sentee, which would produce at least lb millions.
Mr. CANNING thaught the lime for discussitig the propriety
of ',stoning Cools Payments had not yet arrived. That
question would arise on the Report of the Commit ter, cod for
that period lie would reserve himself. He was out of those
who load always considered the suspension of Cash Pajmenm
as a departure trout 1110 Constiottion of the country ; and
was, with those who sat near hint, anxious to &emit, as 5000
as possible to the old constitutional mode ; aid even as lase
des the month of October last, his Majesty's Gavel 'orient con-
fidently anticipated the resumption of CostePayincuts at the
appointed than. They hewevel, found it would be impossibie
alit it was contemplated to ropme a continsation till 11120,
with a fill deterininistion, however, Not to propose any nuttier
pi mongol itoi of the perisol,if stir It should be found necessary,
without the fullest previous enquiry. It Ittilk state of titiuga
the Right Hun. (iente:man gave his notice, and sultseiptcut tt,
that siotice the Bank made such a einumnineation to the
Chancellor of the Lueliequer, as determined him now to
propose an enquiry. Tilts COaltbStlairatioll, rind tun the
notice of the Right Hon. Gent.. had dere' mined his Prlejr ivy a
Government to change its course. He reserved to hintself
any farther iltiguiswait until smile infotatatioti el mild be laid
&Mute the House, cud then lie would toter iota► it with all
possitile mildness.
Mr. MASSING said, th:o was a great stational question, with
edit, IS the Bank had limiting to de. In the coos •e of a very
abort time throe had been a reduction its the issue at Batik
motet. of 114, less than Ilirce tuiu duns.
Mi. (ittaxechhcolitentled, that the amontot of Rank notes
its circulation dosing the first half year of INS woe ;peeler
item fur the same primal ill atly year airier 1797.
Mu. Aldermau Hes CATS:thought a liontaituti of our issues
might elect a cat het in the foreign exehatiees ; and he
praised the Directors of ihr Bowls for the mudetetsite
cluck they had estried their r%lraurdulary pushers, so tines-
',Weill.). thrust upon them In 1797. H was rejoiced that a
..... iitee was to be appointed, by which Ma cud woolJ be
pot so the doubt and uncertainty a hich pievatilest through-
out the Comm) on this great oubjeci.
OW tree remrthedrt. of Pie Para municry, rr ae rth