The National Register.
London, England, 1811-06-30 00:00:00

NATIONAL REGISTER.

The Marquis WELLIMET fully concurred in what had fallen
from the Noble Earl, aid rejoiced that the Noble Earl had given
an opportunity of joining hitn in that marked indignation which
be had so properly expressed at sentiments, the atrocity of which
was only equalled by their absurdity. The paper from which the
extract was made had not, amid the multi. licity of objects he
bad to attend to, fallen under his observation The sentiments,
however, contained, in that extract, met his decided reprobation,
excitilig, as they did, to rho:on:mission of a moat atrocious crime,
and afttr charging a great number of assassinations against the
Ruler of. France, calling upon us to imitate his conduct. • Let us
beat him in the field, let us excite the indignation of Europe
against his oppressions, until Europe should steadily and effec-
tnally resist the wrongs he has already inflicted upon her, NA
let not the English character be degraded by such vile projects
of assassination. He was happy in the opportunity of expressing,
in the name of himself and of all his Majesty's Ministers, their
marked indignation at the sentiments conveyed in this publica-
tion, and if there was any mode of bringing the author of them
to punishment, he should feel it his duty. humbly to recom-
mend to his Royal Highness the Prince Regent to order a pro-
secution.
Earl GREY was perfectly satisfied with what had fallen from
the Noble Marquis, and was only dealt ous that he might not he
supposed to have stated any belief in the charges made in the
publication alluded to, against the Ruler of France, several of
which he believed to be false.
The Marquis WELI.E SL EY deprecated that system of vile abuse
against the Ruler of France, which appeared to have been adopt.
ed by the paper alluded to.
CURRENCY—BANK TOKENS, &c.

On the third reading of the Bank Token Bill,
Earl S l'A N HOPE made several observations on the scarcity of
gold, and suggested a remedy for the inconvenience, arising from
the want of a legal tender, stated in the following letter from li.s
Lordship to the Lord Chancellor, which Earl Stanhope read as
part of his speech:

No. 49, Berner-street, June 22, 1811.
NIT D—Agreeably to your Lordship's desire, I have the
honour to communicate the outline of my plan, in a few words;
knowing that you will like that better than my doing it at an
unnecessary length. The subject is of the first importance.
The want of gold prevents Bankers and others, who may have
large payments to make, from making any.legal tender.
Bank Notes cannot, by Act. of Parliament, be made a legal
tender, without the must manifest injustice ; for, a man who
might be perfectly willing to accept a Bank Note for a debt due
to him, may very fairly object to any individual Note (especially
if a worn Note,) fram the impossibility of his being certain that
it is not a forged one.
My grand object, though not the only one, is to establish a
mode of making payments, which shall enable Parliament, when
they shall think fit, to enact a new species of legal tender.
First, I propose that the Batik of England shall, as is the case
in Scotland, have many branches, in various parts of the country,
and of the metropolis.
Secondly, That the Bank shall cause Books to be opened its
all those places.
Thirdly, That persons possessed of Bank Notes, shall be in-
titled upcn depositing such Notes, to have a credit in the Bank
Book, at the place where such deposit is made, equal to the va-
lue of the said Notes.
Fourthly, That every person having such credit so entered to
his accoun,, in any one place as aforesaid, shall be entitled to
transfer the whole c t such sum, or any part thereof, to his Dwn
ac,:ount, or to that of any other person, at any place when: any
such Book is kept. •
Fifthly, As under proper management, such entries and trans-
fers cannot ever be for3ed, there would be no injustice, if such
a transfer we! c by law to be made a legal tender.
The rapidity of such transfers, without any danger of loss from
the man being robbed, or front insurrections, or other conse-
quences of an invasion, must be felt by your Lordship as a great
additional recommendation of this plan.
I have the honour to be, with respect, my Lord,
Your Lordship's most obedient humble servant,
Lord Eldon. s'reNtion.
The Bill was read a third time and passed.—Adjourned.

1U ESD AY, JUNE 25.

On the motion for the third reading of the Highway fill, Earl.
G►zosvENox urged a number of objections to it, and moved that
the Bill be read a third time that day three weeks, which was
carried without a diyision.—.Uhe Bill is consequently lost.

WEDNESDAY, JUNE 26.
The Royal Assent was given by Commission to
The Vote of Credit, the Maidstone Geneva, the Spirit Draw-•
back Suspension, the Bank Token, the Army- Prize-money