The Sun.
London, England, 1830-01-06 00:00:00

PARTNERSHIPS DISSOLVED,

G. Ramsdell, B. Booth, and E. Holden, Liverpool,
merchants—J. Cocker, and T. and J. Ward, Doncaster,
Yorkshire, dyers—J. Burkitt and W. Goldsmith, Sud-
bury, Suffolk, booksellers—F. Lambert, W. Stephenson,
11. Aspinall, and T. Briggs, Preston, Lancashire, cotton-
spirmers—J. Golding and J. H. Handles, Liverpool,
dealers—G. Smith and J. Bawker, Huddersfield, York-
shire, cloth-drawers—W. Martin and T. Booker, Liver-
pool, sail-makers—J. Knowles, jun. and T. T. Glaze-
brook, Liverpool, wine-merchants—S. Y. Griffith and
General Cunningham, Cheltenham, printers—ll. and M.
Payne, Leicester, attorneys—J. and J. Dredge, Devizes,
and S. and R. Dredge, Bah,. Somersetshire, brewers
—T. Palmer, R. Green, William Attwood, N. Wim-
ple, and William Towner, Brighton, ironmongers—J.
Rayner and 13. Johnson, Wakefield, Yorkshire, white-
smiths—B. and W. Gilpin, Leeds, cloth-manufacturers—
S. Cooper and E. Ludwigs, York, schoolmistresses—R.
Simpson, W. Adams, and W. Simpson, Cambridge,
woolen-drapers—H. Morgan and G. Watson, Southwark,
hop-merchants—W. Stone and W. Wheateroft, Berkeley-
street, Clerkenwell, brass-founders—A. Francis and W.
J. Coekerill, Mansion-house-street, victuallers—J. Hall
and R. W. Gleadow, Kingston-upon-Hull, merchants—
F. Dixon and R. Sowden, Manchester, calico-printers—
J. Paynter and T. Haynes, Coleman-street, surveyors--
E. White and G. Stubbs, Goswell-street, timber-benders
—J. Eglin and J. Sanderson, Kingston-upon-Hull, mer-
chants—S. Ashwell and J. Smith, Lime-street-square,
surgeons—J. Knight and AL Eccles, Liverpool, painters
—T. and .1. C. Ives, and H. White, Chertsey, Surrey,
surgeons—C. Wardill and J. Stacey, Red Lion-street,
Whitechapel—S. Antwis and 'f. Sturland, Birmingham,
carriers—A. Brice, M. Harrison, and R. :anell, jun.
Regent's Canal Basin, London wall, whartingers—R. Wil-
liams, sen. and 11. Williams, jun., Brecon, timber-mer-
chants—S. and J. Baker, Blagdon, Somersetshire, solie,i-
tors—J. E. and W. Mare, Plymouth, iron-founders—
J. and S. Hargraves, Brighthelmstone, surgeons-1 u•
Pemberton and E. L. Williams, St. John-street, Clerken-
well, linen-draprs—R. Wilson and W. Brown, Islip,
Northampton, merchants—R. Johnston, W. Brookes, and
T. Hector, New-street-square, brass-founders—J. and G.
Morse and S. Mills, Norwich, dyers—J. Wilks, Leeds,
and G. Wilks, St. Petersburgh, cloth-merchant,—W.
Gadesby, Howpass, Staffordshire, and C. B. Chamberlen,
Leighton Buzzard, Bedfordshire, contractors for hauling
boats between London and Manchester—R. and W. Mr-
mar, W. Robinson, and A. Smith, Cannon-street, wine-
merchants—E. and E. Holt, Liverpool, joiners—C. Seyf-
fert and G. Lock, Fulham Bridge-yard livery-stables,
Brompton-row, Sloane-street, livery-stable-keepers—C.
and C. Drake, Great Tower-street, wine-merchants—A.
W. Gale and 11. Ivory, B trtlett's-building,s, Holborn, mil-
liners—A. Bowe and W. P. Bushby, Liverpool, brokers
—J. Toosey and W. Elliston, Ipswich, wine. merchants.—
T. Wilson, R. Blanshard, and F. Wilson, dealers—T. Ken-
ning and 0. Sprigg, Aston, near Birmingham, chemists—
J. Waddington and G. Hope, Margate, surgeons—R.
Archbould and T. Stear, Wisbech St. Peter, Cambridge-
shire, surgeons—W. Jones and J. Bolt, Bristol, book-
binders—G. and J. Smith, and J. M'Connel, Manchester,
silk-throwsters—L. and A. Alexander and \V. Bardgett,
Lon ion, dealers—R. Heatley, J. (Airman, and J. E. Wat-
son, Mincing-lane, wine-merchants—M. and J. Smith,
Carlton-hill, Nottirghamshire, brick-makers—l , F., and
M. Hewitt, Manchester, school-mistresses.

ONE-POUND NOTES.

(From the Morning Herald City Article.)

We some days ago alluded to a report relative to
the Bank Directors having prepared one or two mil-
lions of new one-pound notes, to be ready in case
of emergency. This rumour is still believed by
many persons, though for our part we must say that
we do not attach much credit to it. We do know,
however, that they have a very considerable num-
ber of returned one-pound notes uncancelled, and
that these are carefully hoarded in a room set apart
for the purpose. Now the question is, why are these
" rags" preserved ? The answer is obvious—
namely, that the Bank Directors, not looking upon
the Small Note Suppression Act to be like " the
laws of the Medes and Persians, which change not,"
anticipate a time when the " one-pounders" may
be again wanted, and when Cobbett's Feast of the
Gridiron shall be duly celebrated. It is said, in-
deed, by persons who are generally well informed
upon such matters, that the Ministers would rejoice
at any occurrence—such as an extraordinary demand
for gold, for instance—that would furnish them with
a decent excuse for re-issuing one-pound notes. We
know not whether this be true; but we must say
that in our opinion nothing can be more calculated
to produce such a result than persevering in the
measure for the reduction of the Fours. The sys-
tem of running up the prices of Stock, for the pur-
pose of reducing the rate of interest paid to any
particular class of fundholders, is not only unjust in
principle; but is fraught with considerable danger to
the credit of the country. There never was a
greater fallacy than the supposition that it is bene-
tidal to the finances of the State to keep up its
public Securities at a high price. The very reverse
is the fact, high prices having the effect of inducing
capitalists to invest their money in foreign Funds,
or otherwise to employ it in foreign speculations.
But, in the present state of our finances, a measure
like the one alluded to, is fraught with peculiar
danger, unless, indeed, as is reported, a financial
crisis would be acceptable to Ministers. That such
a crisis would be brought about by even a small
portion of the Four per Cent. holders, in case of re-
duction, demanding gold, is, we think, quite evi-
dent. At this particular moment, it may, perhaps,
be interesting to our readers to give a short account
of the suspension of cash payments in 1797. This
suspension, it will be recollected, took place in con-
sequence of the holders of Bank-notes (there being
then only about 11,000,000 in circulation) doing
that which the Four per Cent. holders now threaten
to do—namely, demanding gold in payment for their
securities. The instrument by which this memorable
act was effected is couched in the following terms:—
" At the Council Chamber, Whitehall,
February 26, 1797.
'4‘ By the Lords of his M.ijesty's Most Honourable Privy
Council.

" PRESENT
The Lord Chanc. (Rosslyn) I Earl Spencer

Lord President Earl of Liverpool (Charles
Duke of Portland I Jenkinson)
Marquis Cornwallis Lord Grenville
Mr. Chancellor of the Exchequer."

Upon the representation of the Chancellor of the
Exchequer, stating that from the result of the in-
formation which he has received, and of the inquiries
which it has been his duty to make respecting the
effect of the unusual demands for specie that have
been made upon the metropolis, in consequence of
ill-founded or exaggerated alarms in different parts
of the country, it appears that unless some measure
is immediately taken, there will be reason to appre-
hend a want of a sufficient supply of cash to answer
the exigencies of the public service, it is the unatii-
met's opinion of the Ward that it is indispensably
necessary for the public service that the Directors of
the Batik of England should forbear issuing any
cash in peyinent until the sense of Parliament can •
be taken on the subject, anal the proper measures
adopted thereupon for maintaining the means of el) ett-
lation, and supporting the public and commercial
credit of the kingdom at this important conjunc-
ture; and it is ordered that a copy of this minwe
be transmitted to the Directors of the Bank of Eng-
land, and they are hereby required, on the [pounds
of the exigency of the case, to conform thereto until
the serve of Parliament can be taken, as aforesaid.
(Signed) " W. FAWKENER."

It is hardly requisite for us to inform our readers
that, in consequence of the above Order in Council,
payments in cash were suspended for a period of
about thirty years—that is, from the 27th of Fe-
bruary, 1797, until within the last few years, when
the Bdl, commonly called Peel's Bill, was enacted
for the resumption of cash payments. TsVe may be

dlowed to add, that at the lime the Order in Coun-
t!' was issued the whole Debt amounted to le,* than
'347,000,000, andthe amount ot Bank•notes in cir-
culation was under 11,000,060 ; whilst at this time
he Debt amounts to about 800,000,000, and the
amount of Bank-notes in circulation is supposed to
be about 20,000,000.