The National Register.
London, England, 1819-05-23 00:00:00

THE NATIONAL REGISTER.

Weir eositinuatice, 0111eontribute to Lego 11,e foreign ca-
chaages in in unsettled state.
That ads Court cannot refrain from adverting to an
opinion, stroagiy insisted on by bow., that the Bank has
only to seduce its issues, to obtain s favourable turn in
the exchanges, end a consequent influx of the precious
asetals ; the Omit conceives it to he its duty to declare,
that it is unable to discover any solid foundation for sudt
a sentiturat. _ . _

Tlbit gold is not supeu abundant on lite Continent is folly
gas-Maine I; and 11101 a new competitor going
Loo the mat Let fur an VIEW ..... lIS sum, alabi, by increasing
the demon., upon a hunk d ►nppll olust et lid!) 1211baLICC the
price, w'isile the quantiq wunld 'VIII4III the sanu•. That
even if gold could be ploctued, she Bauk could only pay
for it with its Stoles.

Thal it is contended by those who recommend a tether-
titm of the paper cure cull. that it will have the effect of
loot-ling pikes, and that foreigners will thereby be in-
duced to take more of the produce and matinfactutes of
the country.

That 1114:Court conceives this expectation to be founded
in crier, ina•nwch as a tow tate of flnChallge has always
been considered roost atom-able to• exports; but that
even should a temporary effect be produced, it would
probably be only a disadvantageous anticipation of the
regular consumption, and result in a sttious re-action
upon the trade of the country.
That this Court can confidently assert, that the Hank
has never [imbued its own advantages at the expense of
the public jowl est : and a heilever Pattiament in its a is-
slum shall deem it to be most conducive to the good of the
comitry to trise (Attie restiietion, tbi> Court will be pi e-
pared to 'nett the exigency with every missinible sac/i-
-fice; bat to expect the 11411 k to issue gold at il. I 7z.1 Up.
per oz., hoarser •bigb the pike rw the Dustbin may he,
would be to impose a heavy loss upon the corporation,
without tendering any adequate benefit to the public.
That Ibis Court having thus deliberately expressed its
sentiments, feels compelled to decline giving any pre eke
emitter to the nest question proposed by the committee,
ileeely impressed as the dirt clots are, that the iesumpt ion
CI cash payments, with safety to the conntry,nitist rhymed
mom eileinustances, which it is impossible for them to
foresee, and over winds they could elm eise no essential
control.

That in reply to the second question. this Court iv not
*ware of any legislative enactments %%Melt could at the
present moment accelerate that favourable ahem!' and
permanent improvement in the foreign exchanges, essen-
tial, in the opinion of this Court, to the restoration of a
usetallie currency ; but for lemons already assigned, it is
deemed highly desirabtc that, prior to the removal of the
resN-icA' the Government debt to the Bank bliuuld be
gradually reduced to the extent of 10,000,0004

The following is an extract of a private letter from
Paris, dated May Sdi :—" The effect of the late decision
in the affair of Camillon and .Marinet ou the Parisians,
may lie conceived by the British Public ; but it is in
.lessee only that the consequences will ire felt hay the
English. Already is the insulting demeanor of the
French towards our countrymen who reside here, in-
creased to a pitch of insolence. Whatever may have
beets the conduct of a few individuals from England,
who hare disgraced the British character by their fully
or injustice, the great body of English resident in France
by noaneans deserse the insults which they experience
daily. Hitherto these instills have been the effusions of
mortification arising from defeat. Now, they are ren-
dered more insupportable by a pretended vindication of
national honour. Cantillou and Marinet are acquitted;
the Trench rejoice in their acquittal : that is natural, for
they are•Freuchmnen, and the Duke of Wellington isa
foreigner. Now, fnmi the general feeling of the French
on this subject, there is little doubt that the situation Of
the English, iu this country, will be rendered peculiarly
disagreeable. The hostility of thecremsh is not con-
fitted to the British. The Swiss regiments in the French
1 service, notwithstanding their exemplary conduct, suffer
considerably from the ungenerous conduct of this nation
In some of the departments, the inhabitants refuse to re-
ceive Swiss officers into their society, and the same ill-
beral as raugement has been made by several Parisian

A dreadful crime has spread consternation in Berlin ;
it has made the greatest impression, as people think they
recognise in it the same k.nd of delusion which placed
in the hand sit Saudi the dagger of au assassin. Dr:
Ne ttttt aun, •Physician to the Hospital Ls Charity, bad
just laid himself down in bed with his wife, when ►he
latter seizing a small kitchen knife which she had con-
cealed under the bed-clothes, stabbed him in the breast.
The Doctor leaped out of bed, and called for help. His.
servant came, but being terrified, lost his presence of
mind, and ran assay. Mrs. Neumann pursued her hus-
band, and, in spite of his resistance, wounded hint in 17
places. .One wound only is through the side, but it is
ti ght so be mortal. The guard, at length mastered
this fury. She merely said to the Magistrate who inter-
rogated her, What t have done it was tnysluty to do."
This dtliberatccruelty is the more astonishing, because,
till this 1111/e, this woman had listed on good terms with
her husband, and by whom she hrd several children.
She earnestly desires that she may not be supposed to be
mad ; however, front the nature of her caaversation,
and the choice of her books, sn opinion seems to be en-
tertained that this unhappy woman indulged in intri-
cate speculations, which may have disordered her brain,
after having depraved her moral character.

Saturday nineteen hundred thousand ounces of
silver, consisting of Spanish dollars and five•franc
pieces were conveyed from the Bank to the Docks
at Blackwall, belonging to the East India Company,
and put on board the several outward-bound East
Indiamen for Bombay, Bengal, and China. They
were in strong wooden boat.;, each box centaie.ing
:;000 ounces.

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Algt• 25. -1

BANK RESTRICTIONS.

Ou Tuesday one of the most numerous meetings tbat evf r
assemb ed ul a commercial occasion tools place in ties
City of London Tavern ; it consisted of hlerchants, Rankers,
Trade's, &Mothers, of the City of London, and the oldeei of
those a ho called it a as Li agree to a Petition to Parlianism,
pray Mg the Legislature alpinist tiny measures at this t 0000
which by a forced, preicipitute, or 'undue con'ractiun of the
itecessaiy and a holesome currency of these kingdoms, may
tend to embarrass still hither the general trade 44f the
country, domestic and foreign, depress the value of landed
itinl all other pi opei ty, and injure alike the public al ed.!.
a;rieultuic, manufactures, and commerce.

The Chinrinan nut having arrived at the exact time
appointed,

•
Mr. Ilnut got upon the table, and aus saluted pith the
usual cotophincots. At this toomesit Sir. Bainbridge, nc-
companied by Sir Robert Peel, Sir C. Floner, Mr. Ron.
croft, &e. entered the loam.

Mr. Bainbridge basing been called to the Chair, said it
a usuooecessars to state to the meeting the math r for their
discussion. Sume of the neaspapes• had, he s uJ, iminunted
that those oho culled the nu•etiug Isere under the influence of
the Bank of England ; and others, that they had got tin it
lesson from Cosernment. Ile conceived theni to be quite
independent..

Sid R. Peele rose to propose the resolutions un which the
Petition was to he foimiled. Ile had, he said, berm ill Par-
liament in 1197, when the Bank Resttirtioms same first
introduced lay Mr. Pitt—(llisses). All might not have ap-
proved of the measure, but they admitted the integrity or
the man. 'Those restrictions were caused by dire necessity,
when the enemies of England, unable to meet her in the livid,
flied to ruin lily li.lancea. Upon tl•eir first introduc-
tion the Meeting placed the utmost confident e in the Bank,
and he busted that equal credit would now be given to abut
great body. The country went on prosperously, but if the
paper circulating inediuin It id brim withheld, Great Britain
would, by this tinie, have been a province of some foreign
power. He confessed, although his near relation was upon
one of the Coinmittees Irma a hick the reports bad issued,
he Was for from agreeing in them. The meeting well knew
the accommodation alliwded by paper, and be bud no hesita-
tion in declaring, (lint the country was, .;11 Ilia opinion,
through 411 e lowans of that circulation, in a better stain than
it had enjoyed before the struggle for the liberty of the world.
(Disapprobation, mixed with applause.) Ile then moved
a resolution, stating, that if Government forced a cash
medium upon the politic, the intert.sts of curniuer.e,
would he highly prejudiced.
Mr. Atli mid, a Bruirr, of Birmingham, seronded the
resolution, in a keg speech, which he read from a paper,
nail which some cried oat be had copied from the disenise
Post.

Mr. Inglis, of Mark-lane, began to rend a Petition, hut
the note was so deofeaing, we could tint catch a a mut of it.
Mr. Cha►les Pearson opposed the ressoluit ions, and referred
the meeting to the GlNzet te fur intelligence on the ta!tjest of
paper circulation. Ile moved an amendment to this elieef:—
.. That such arbitrary power, as that of issuing a paper me-
dium, might nst be permitted in any mercantile country,
inastuuch as metallic currency timid tat give, esen to
Sovereignty itself, that power, and therefore ought to be
abolished. That it was therefore high' time to ru turn to
metallic currency, as the only means of saving the country
from impending ruin."
Mr. Weirder seconded the umendment. He said the whole
boainess was a quarrel beta Pen the Bank and the Govern-
nwnt. Ileand his frituals had been tercuseclaf out approvirg
the proceedings of Cuirersiment ; but they looked upon the
proceeding us an attempt upon the part of the Bank to pre-
vent the resumption of Cask Paynteirts, and would support
the measure, although one which had groan up under the
hands of Ministers. 'I he country was now on the Bo esholil
of the loss of its rights. It bul given them up cite by nit ,
and Wils now callrJ upon to give consent to the taking out of
tamuntission of lunacy ate:Unit it. As to the conduct of the
Legi.lni ore, he fate them credit for sincerity, and believed
they would pct the Bank to pay cash in a certain time.
But a hat not. the arg tie:dust the resumption of Cash
Pit) arenas—merely that it ought nut to take placeillifil it was
constituent to the body. That time, he assured themecting,
would never ulnae. The Bunk had fattened on the palate
like hogs on blond oxen, acd alien th•e were glut.ed mole
blind oxen were supplied to them. They had even bullied
the Government, and seemingly promised to resume Cash
P.asineuts when Government paid their debt to that body.
The Bank were never sincere. They never a mild he able to
perform a hat they had infrequently promised. Mr. N outer
concluded with fading the utteMion of the meeting to the
system pursued by the Bunk in the punishment of those MY
victed of forgery.

Major Torrrnsapposed the Amendment. Excessive tales
had, he said, banished trade and commerce from Holland.
If great rare was not taken they would have the sane Oh et
in this country. The price of gold was five per cent above
its valne, and nrcourse the resainplitm.ar cash 'MIN mew.:
would make a addition to the taxes of 5 per cent. Betides.
the present circulating meditan enabled fanners to employ
inure leboorers. lie was decidedly against the plan of soh.
slituting gold bullion far rain, as bars were more liable to be
carried out of the (Wintry, and tin re war a heavy penalty
attacked to the proctice of taking away the coin of the
realm.

Me. Hunt appeared amidst loud cries of " O. Off." Ile
said he would mit trouble the friends of the Bonk if they
w4u141 coos. lit to pa v a tow not,•s which he and Itta
friends had in cash. suppm trd the Anienduant amidst
UprOill%.

Mr. Lon e also supported the Amendment.
Mr. Owen, of Lanark, said the question was helween the
upper and the lower coders of the people—whether the for-
ister bhos.lJ have the menus of eniplo it% the latter or not.
re le exist. fl not a doubt of the necessity of restriction in
the 'ear 1991. The necessity had increast d. It was in
fact initimoible for the Bank ever to re.urn to. Cash Pay-
ments. There was not in the wivile world specie ennugh to
pay the innoeuse issue of notes. lle sappersed on those
grounds I he so limit resolutions.

...
Mr. Low odes spoke sa fay.our of the orieimil revolutions
amidst loud eiits of question, and other evidences of
imkosticnce.

A ,•hrh of handli WA% made upon both mieFtione.—lt
appeared to a• to he decidedly in favour of thr amendment.
Chairman stated, that the majority acre for die

. .
10, -4'1014 164 L,Vimori•a 1047700;) re; .1.1%1 AWL *st.
«L: Se vet of•sit Lahti ieratvroD vturt*,:i tcz

MA Y 23.

tit restilliciiiii; upon which a most intolerable inhbeir
took niece. Ciiesuf is partiality," " unfair." were echoed
Ihrungh the room. The Chairman was loudly called upon
to divide them •eting In ascertain on w hich.ide the majority
voted. This was refused, and the noisy h oring increased,
tae Chairman lefi the room; on which Mr. Woolrr pro-
p-med that Major Cartwright shmill take she Chair. This
atation, which wits see led by Mr. l'camim, was carried
I. the kr persons who olulined in the r.ii tn.

_ .
A rote of tensor, was then paned by the .tnall iisembly
u..na the Waste Chitirinlii, for not havirg obeyed the tt ishes
I.f the mestisg. in dividing the room. and it was declared
thnt the anseadraeat had been earned by a vast majority
After thanks had been voted to Illakj,4' Cartn idhl for hi..
impartial conduct in the Choir, the meeting rateably
separated.