The National Register.
London, England, 1822-05-12 00:00:00

MEETING .4T THE TREASURY.

The adjourned meeting of the leading capitalists in the
city took place at the Treasury Chambers, on F. iday
morning last. at eleven o'clock. The gentlemen present
were not so nninerons as on the former occasion.
The meeting having been introduced to the Council
Chamber, to the Earl of Liver pool, the Chancellor of the
Excheriner, and the Governor of the Batik of England
shortly afterwards entered the room.
The Earl of LIVERPOOL then said, that they were de-
sirous of knowing from the gentlemen present, whether
they hail considered the plan that hail been proposed—
whether they had wished any further explanation, or
whether any of them were ready to state that they would
become bidders ?
Mr. GRENFELL begged to be informed if any alteration
had been made in the plan?
Mr. VANSITTART replied, that a few insertions had
been made for the purpose of making the plan more
clear.
The Earl of LIVERPOOL then read the plan over again,
pointing out the insertions to which Mr. Vansittatt had
alluded. The only thing material was in the paragraph
referring to the "deposit of 500,0001. in Exchequer bills,
to be lodged in the Bank of England within three (lass
after the signature of Contract;" and here it was added.
that the deposit might consist of 60,0001. Three per
Cent. Consols.
Mr. BOSANQUET, the Governor of the South Sea COOP.
pany, now observed, that a statement had been prepay ed,
by the Directors of the South 7zea Company, to lay befi,re
the Proprietors of the South Sea Stock this day, but if it
would be carried in the affirmative we should require a
longer time than Tuesday next to obtain the necessary
subscriptions towards the increase of capital which wiil be
required.
The Earl of Livettront..—We are of course desirous of
hearing parties who may bid for the whole, in the first
instance. If it should turn out that tio party bids ter the
whole, then will come the consideration of the propositions
of those who may bid for a part. It is very desirable that
the whole thing should be settled as expeditiously as may
be, to prevent the effects which are produced in the money
market while the matter is in doubt.
Mr. Bosaststu T remarked, that it was probable, in the
course of the afternoon, he should be enabled to aserriaot
the disposition of the South Sea Proprietors on the subject.
After some further observations, it was ultimately fixed
by the Earl of Liverpool, that the next meeting should
stand fixed, as already appointed, for Tuesday.

A very singular circumstance occurred on Friday
last, involving a question of some interest to bankers.
About three years ago, a bill at a month's date tin-
-10001. was drawn by a country banker on a highly
respecrable firm in the City, and duly accepted.—
The drawers (of whose stoppage we some days since
apprised our readers) appeared on Saturday last
in the Ga:etie. On Friday, to the great astonish-
ment of the acceptors, this bill, which for some
reasons unknown to us appears not to have been
before presented, made its appearance at the counter.
Payment was declined for the present, and a circum-
stance so extraordinary will probably become the
subject of litigation.