The Sun.
London, England, 1838-06-26 00:00:00

WILL TAKE PLACE
On TUESDAY, July 3d, 1838,
LA DIES-PAT ItONESSES,
Her Royal Highness the DUCHESS of KENT,
The Duchess Dowager of Rich- The Countess of Harewood,
mond, IThe Viscountess Powcrscourt,
The Marchioness of Londonderry„ The Lady Burghersh,
The Countess of Shrewsbury, The Lady Lucy Eleanor Lowther
The Countess of Jersey, The Lady Rendlesham,
The Countess of Tankerville, The Lady Cowley,
The Countess Stanhope, The Lady Hatherton,
The Countess of Mexborough, Lady Kerrison.
Vouchers (to be obtained from the Ladies Patronesses, the Pa-
trons, and Vice-Patrons, of the Hospital) may be exchanged at the
Theatre Royal, St. James's, daily, from 1 to 4; for Tickets, price
1/. ss. each, up to the 3Uth June ; after which time, they will be
charged 2/. 2s.

AT a GENERAL MEETING of the CITI-
ZENS of DUBLIN, held in the Royal Exchange on
MONDAY, the 11th inst., in pursuance of a Requisition respectably
signed, addressed to the Lord Mayor.
The Right lion. the LORD MAYOR of the City of Dublin

in the Chair,

It was moved, seconded, and unanimously' agreed to, that JERE3IIAII
DUNE, Esq., do act as Secretary to the meeting.
o' The requisition addressed to the Lord Mayor, together with his
Lordship's answer, convening the meeting, which appeared in the
public prints, having been read, the following resolutions were
moved, seconded, and unanimously carried

Moved by CORNELIUS APLoccarLIN, Esq. ; seconded by SYLVES-
TER YOUNG, Esq., and unanimouslyagreed to:—
Resolved—That it appears to this meeting by the evidence of
Scotland that freedom of Trade in Banking, under such salutary
regulations as the Legislature may deem proper, is the foundation
of a nation's prosperity.

Moved by JAMES DWYER, Esq., Barrister-at-law; seconded by
Tilustas DIXON, of Abbeyline, Esq.
Resolved unanimously—That the relaxation of the monopoly
granted to the Bank of Ireland which took place under the auspices
of the late Lord Liverpool and the present Lord Goderich, aided
and assisted by the much lamented Mr. Huslcisson, in 1821, fol-
lowed by the Act of 6th George IV. in 1825, has been productive
of greet good to all classes.

Moved by Jolts CLASiON, Esq., ; secondod by JEREMIAH

DUNNE, Esq., and,

Resolved unanimously—That by the Act passed at that period,
Ist and 2d. Geo. IV., ch. 72, it was provided that no further pri-
vileges than as therein contained should be granted to Joint Stoek
Banking Companies until the Ist day of January, 1838, which
pegiod has now passed, and it appears to this meeting that the
Trade and Manufactures of the City of Dublin, as well as the pros-
perity of all classes would be promoted by an equality of privileges
to all Banking institutions legally and properly constituted.
Moved by IGNATIUS CALI.AGIIAN, Esq. ; seconded by PATRicE

WALnitox, Esq., and
Resolved unanimosly—That this meeting cannot believe that the
report now in circulation " that the Bank of Ireland is about to ob-
tain a charter continuing the monopoly in, and five miles outside,
the City of Dublin," is well founded, being of opinion that the Le-
gislature will never assent to such an injustice as to put the Metro-
polis under restrictions from which the rest of the kingdom is free.
Moved by ROLERT M'CLELLAwn, Esq. ; seconded by WILLIAM

N. ROCHE, Esq., Barrister-at-Law,
Resolved unanimously—That we recommend all who feel as
we do, " that the interests of Dublin and Ireland require a Free-
dm of Trade in Banking" to petition the Legislature at this im-
portant crisis against extending or perpetuating a monopoly ex-
cluding fair competition, and calculated to retard the improvement
of Ireland.

Moved by PATRICK WALDRON, Esq. ; seconded by LAURENCE
FINN, Esq.,
Resolved—That a petition founded on the foregoing resolutions
be drawn up by the requisitionists, and signed by the Right Hon.
the Lord Mayor on behalf of the meeting, and by such other citizens
of Dublin as may join therein, and be forwarded to the Members for
the city of Dublin, for presentation to the House of Commons, and
to Lords Goderich and Lansdowne in the House of Peers.

Moved by IGNAnus CALLAGHAN, Esq. ; seconded by THOMAS
DixoN, Esq.,
Resolved—That a deputation for the purpose of accomplishing
the objects of this meeting shall be sent to London to forward
the same.

Moved by IGNATIUS CALLAGITAN,_Esq.; seconded by ROBn'.T

WALSH, Esq.,
Resolved—That the following Gentlemen do constitute such de-
putation :—Cornelius MacLoughlin, Esq.; William Hodges, Al-
derman ; Thomas Dixon, Esq., Abbeyline ; Ignatius Callaghan,
Esq.; James Dwyer, Esq., and the Secretary, Jeremiah Dunne, Esq.
(Signed) SAMUEL WARREN, Lord Mayor,
Chairman.
JEREMIAH DUNNE, Secretary.
It was then moved that the Right Hon. the Lord Mayor do
leave the Chair, and that Cornelius MacLoughlin, Esq., do take
the same.

A warm vote of thanks was then passed (amidst acclamation) to
his Lordship for the alacrity with which he met the wishes of his
fellow-citizens by convening the meeting, and for the dignity with
which he presided, added to which was the expressed wishes of the
meeting that his Lordship should accompany the Deputation.
The Lord Mayor returned thanks in fervent terms for the honour
done him, and was loudly applauded.

• w C:.MACLOUGHLIN, Chairman.
JEREMIAH DUNNE, Secretary.
And then the Meeting adjourned.

The following is the Petition alluded to :
To the Honourable and Right Honourable the Commons of the
United Kingdom, in Parliament assembled.

The petition of ,the undersigned citizens of Dublin, Merchants,
Traders, and others resident therein, and its environs,
HuMBLY SHEWETH—That the charter of the Bank of Ireland
was granted in the year 1782, at a time when there was no other
oint stock bank in existence, or in contemplation, and the same was
endowed with exclusive privileges, in expectation of a correspond-
ing public benefit.
That, at that period, and subsequent thereto, a very insecure
System of private banking was carried on by parties, under six in
number, in various parts of the provinces of Ireland, the law not
at the time allowing any Company more numerous, or possessing
greater security (except the Bank of Ireland) to establish banks,
or to issue notes as bankers.

That, although the Bank of Ireland had the power, and the ex-
clusive privileges, it does not appear to your petitioners (and they
so submit to your Honourable House) that the Corporation ex-
tended their operations beyond the City of Dublin, but left the
entire of the provincial parts of Ireland a prey to the insecure sys-
tem of private banking, which had been established, and carried on
extensively, to the great injury of the country, and ultimately to
the great loss of the industrious traders, farmers, anti peasantry.
That from 1782, up to 1821, at various times, failures of those
private banking firms took place, entailing great loss on the people,
and retarding the progress of commerce and agriculture.
That by the 31st Geo. 111., cap 22, the capital of the Bank was
increased from 600,0001. to 1,000,000/., and the charter extended
until the expiration of twelve months' notice, after the Ist day of
January, 1816.
That by the 48th Geo. lIL, cap. 103, the capital was increased
from 1,:i00,000/. to 2,500,000/., and the charter extended until
the expiration of twelve months' notice, after the Ist of January,
1837, and the repayment of all sums due by the Government to
the Bank.

That by that Act the capital was increased from one million and
a half to 2,500,0001.
That notwithstanding those renewals of the charter it does not
appear to your petitioners that any advantage was given to the
public, or benefit afforded by the Bank other than. the loan or ad-
vance to the Government of an inconsiderable sum of money (com-
pared with the national resources), but the country. parts of reland
were left without the protection and fostering wsistance of joint-
afforded a.ierit6:Fatile;6filftrighlib '‘cq)11114; 4he'ien"grailtueffl:
privileges marred the general prosperity.
That in the year 1621 the evils which had been entailed upon
the country by the absence of legitimate facilities from the Bank of
Ireland were so great thnt the Government of that day interfered,
and after much difficulty and negotiation the Bank Corporation
were induced to relaxtheir monopoly so far as to allow the forma-
tion of Joint Stock Bulks in the provincial parts of Ireland (out-
side the limits of 50 Irish miles, equal to 65 of English measure)
from the metropolis el Ireland.
That upon this occasion the capital of -the Bank was further
extended to 3,000,00 Q, and it was provided that no further pri-
vileges than as thereii granted, and the power to sue and be sued
in the lime of a iublie officer, previously to the. Ist clay of
January, 1838.
That owing to the nformal nature of the Act of 1821, and the
imperfect manner in Mich it was drawn, it failed of any beneficial
effects until 1825, at vhich period the imperfect legislation was in
some measure rectifiesby the Act of 6th Geo. IV., chap. 42.
That although by to Act of 1821 the Legislature had impliedly
declared its wish thatbolid banking institutions upon joint-stock
principles, as inScotind, should be established in the provincial
parts of Ireland to rmedy the manifold evils which had flowed
from the system of }secure private banks—the Bank of Ireland
took no steps to estalish branches in the provinces, which mul-
tiplied the evils so mull as to require and occasion a fresh inter-
position of the Legisl ure to carry into effect the objects of the
Act of 1821.
That although by he Act of 6th George IV., chap. 42, the
establishment of joinistock banks was rendered practicable be-
yond the limits of fif- miles from Dublin, the country within
that limit, and the ntropolis of Ireland was left exposed to the
evils which resulted fern the monopoly and the issue or circula-
tion of the notes of ty other joint .stock bank than those of the
Bank of Ireland ti-as rohibited, and remained penal, under the
Act of 21st and 22d lorge 111., originally passed NI guard and
surround monopoly.
That the charter oche Bank of Ireland and the extensions
thereof, granted by tl; several acts recited, have expired on the
Ist of January, 1838, td it now remains with the legislature to do
an act of jistice and sand policy, by leaving open to Legitimate
c the trade Banking in the city of Dublin, and within
th7Pliemtiitr of fifty mile and thereby removing those impediments
which tk Bank moncoly interposes to the advancentent of the
trade, cenmerce, and ;anufactures of the city of Dublin.
May .; therefore pltse your Honourable House not to renew
ter of the of Ireland to the exclusion of joint-stock
Companies, tt that equal privileges be allowed to all
bthaenk cihna
under uch statutory rovisions as to your Honourable House
may sim fit.

And yor petitioners will ever pray.