The Sun.
London, England, 1815-06-01 00:00:00

IS! ...-5; distinguishing the amount in circulation in
each 'mond. ; and also fie an account the
ainotint of Bank Post. eirculatitot at vari-
ous periods of the laSt and pi escat veal%
Mr. Mi3i.i..tsti Said; to produce the Papers called
for .would Cause the Batik Some iitcooveuience,
froth the iiiimber of clerks which must be emoloved
.
reePariny, ttit!ln. lie had endea:ourect to pre-
ao his Hon: Friend (Air. Grenfell) not to
bring this inotibn h:Jore• the abuse; hut' as he had
.not been able to silcceedin that; he despaired now
of indubinghiin tai Ciange his determination, and
therefork not take up the time of the House .
by going hub the questiOh. He regretted the
icioilsl.(rict.;viiieli the 1-,Lhi. Gentlenian had thought it
Buto -take front a- ~..ersuasion that he .(Mr.
ell t' uhderstOod the businesS of the Bank•
c.;ohipany better than they tinderstOnd it them-.
.3c.11/lis...Titlit4Ei7 did nit know whether the Hari.
Gentlentan who had joist sat down meant to op-
pose motionOr not. 'lf it teas not to be op-
,posed; he was not disposed to say a word More on
subject. - He wished for an explanation—on
this point.
,
The CHANCELLOR of the EXCHEQUER did not
Mean to oppose the present motion, but desired ro
guard against its being supposed that lie Would
feel it his duty, in his official situation, to grant
further papers on the same subject. He coulC) not
agree with his Hon: friend in the view Which he,
took of it.
MELLISH; though lie disapproved of the
inotion,,did not Mean to divide the"HouSe on it.
Mr. PONSONEY thought the public ought to be
protected by Parliament as well as the Bank ; arid.
was of bpinitin, the Chaticellor of the Excheqher
would have dine well riot to be so much di the
alert in announcing to. the that he should not •be
disposed to give further infoemation. )3fore
lie
endeavoured to guard himself in this -respect; lie
might have waited till the papers now called for
had been prOrltced. . .
'l'! CHANCET:LOW of the EXCHEQUER had only
wished it should be understood that he disagreed
with his Hon. Friend (Mr. Greafell).bri ibis
sub-:
ject, though he did not oppose the preseht
He did not consder the Bank ought to pay more
than.t had done up to the present time.
GRENFELL did riot pretend to understand
.the business of the Bank better titan the Bank
Company, lie only wished to do that which he
Understood to Lie his duty as a Member of Parlia•
nieht.. thotigh there was something alarmiog
in what had just fallen from the Chancellor of the
Exchequer, on the subject of the eitemPtion which
had been allowed to the Bank. He thought the
suns paid as Composition for Stamps ought to be
equal to what would be paid by them, if they were
,compelled to use a Stamp to every nate they issued.
Au alteratiOn was, With respect to the Bank, the
more necessary, as the Stathp duties had been
aliginented..
The .question was then put, and the papers
Moved foi •were Ordered to be laid before the
House..
Mr. Gaiiveni.e moved that the House should-
On IVedtiesday resolve itself into a Committee, to
consider Of the rate of Composition paid by the
Batik of England
,to the country in lieu of Stamp
Duties oh Bank motes.
The CHANCELLOR of the EXCHEQUER said, if
the Honourable Gentleman meant to giVe notice
of a,ntotiiin on this subject, when the day arrived;
he should have no objection to the question being
entertained; but if. be intended new to presS the
motion; he (tile Chancellor of the Exchequer)
would oppose it on this simple ground; that it teas
much too important thus to be brought before the
House without a notice being privionsly given.
Mr. TIERNEY-thought, unless the Chancellor of
the Exclkquer had some doubts on his Mind as to
the course which it might -be proper to pursue,
there could he no good reason fordelay. His
Huh. Friend was anxious to 10';'e no tune in
bringing under the consideration Of the I-louse
what appeared to him a case of monstrous hijus- . •
tice; inasmuch .as , while Ministers Were imposing
new taxation upon others, the Bank was exempted
from the imposts to which it was justly liable.
Mr. R. WARD was determined to oppose .the
motion if it were pressed now.
, ,
'rime CHANCELLOR or the EXCHEQUER reminueu.
the House of what he had said on a former occa-'
With respect to the effect which the amount
Of Bank notes in .eircolation ought to have on
the composition paid for stamp duties. It how-
ev'ei' was nut now the time for revising a.forther
•bargaih:
Mr. lIORNER was surprised to hear the last ob•
servation of the Right Hon. Gentleman. When.
new stamp duties wereimpoSed, he thought if it
was hot a time to revise a former bargain, it was
a fit period to make a new one.
Mr. BARiNG said there would be no imlisposi-,
thin on the part of the Bank to meet the gates - '
tion. He hoped however the subject would be
brought forward with _ more -temper than it had
been of late by his Hon. Friend, who had so fre-
quently called the attention of the I-louse to it.—
Ile thought. his (Mr. Grenfell's) conduct incon-
sistent, in moving- for papers which he thought
necessary for the information of the House, and
then endeavouring to bind them into a Coin-mit-
tee, before'the papers could be produced, which
were to enable them to decide on the course which
it would be Reaper to pursue.
Mr. GRENFELL, thought the information before
the House was not complete, thought they had
enough to justify them in going into a Committee,
as it was clear the Bank ought to pay for Stamp
Duties at least three times as much as it paid at
present.

After sonic further remarks, mid a few words
from Mr. Forbes,
The House divided, when (he numbers.were
' For the Motion • ' 43
Against it -
63 •
Majority
• -20
The Report of the Conituitteelof Supply-on the
Subsidies to the Allies, was taken into farther
consideration. ..

\lr. TIERNEY asked a question ‘vhich could not
,be distinctly be;trd in the 6ailery, respecting the
various stuns to be sent out of the conrury in aid
of the Allies, and also on those to be advanced to
Holland, which hr legarded as a subsidy..
Lord CASTLEREAGLI denied that the money to
be paid to Holland was a subsidy or a war enarp.