The Sun.
London, England, 1841-06-14 00:00:00

PARLIAMENTARY DIVISIONS.
(From the Votes and Proceedings of the House of Commons.)
THURSDAY, JUNE 10.
.BRIBERY AT ELECTIONS BILL.
In the Committee.

Clause :—That every Member returned • to serve in
Parliament shall, after taking the oaths prescribed to be
taken at' the table of the House of. Commons, before,
he becomes entitled to sit and vote, also make and sub-
scribe the folleiving declaration :—+",l do solemnly affirm
and declare, that:l have notolirectly- or indirectly, made
use of any bribery for the purpose of being elected at
the late election as a Member of this House for the
county of (or county of a city, town, or borough,
as the case may be) • and the sense of in which I use
the word bribery' is the meaning given to it. in the se-
veral clauses of an Act passed in the fourth') ear of the
reign of her Majesty Queen Victoria, intituled, An Act
for the prevention of Bribery at Elections. " And if any
person shall make and subscribe such declaration falsely,
every such person, being duly convicted thereof, shall
incur and suffer such pains, penalties, and disabilities,
as persons convicted of wilful and corrupt perjury are
by law liable to, and may be prosecuted for the same
at any period within five years after he shall have made
such declaration. Brought up and read a first time :
Motion made, and Question put, " That the said clause
be now read a second time. The Committoe divided :
MINORITY—AYES, 22.
Armstrong, A.—King's Co. Pryme, George—Cambridge
Berkeley, Hon. C.,—Cheltenlum Roche, William—Li ntrick
Brocklenurst, J.—Macclesfield - 4.iundle,John—Tavistock
Brotlierton, J.—Salford Stanley, W. o.—Anglesca
Busfield, W.—Bradford _ ll:L.i.r.9er,_Edmund—Truro _

D'Eyncourt, Right Hon. C. T.— Wilde;Mr. Serjeant—Newark
Lau heth Williams, William—Coveutry
Hawes, B. -Lambeth Wood, Sir Matthew—London
Heathcoat, J.—Tiverton Wood, Benjamin—,outhwark
Hector, Cornthwaite John—Pe- Yates, J. Ashton -Carlow
tersfield
iumphery, John—Southwark - TELLERS
...... . __ _ _ •

Morrie, If—Carmarthen
Paget; Lord Alfred—Lichfield

MAJORIT Y-
Ainsworth, P.—Bolton
Attwooci, W.—Greenwich
Baines, Edward--Leeds
Baldwin, Charles Bari y—Totness
Baring, F. T. —Portsmouth
Barnard, E.G.—Greenwich
Barrington, Lord—Berksh:re
Charles—Liskeard
I lay, William—Tower Hamlets
Clements, 1-I.3.—Cavan Co.
Cochran; Sir T. J.—lpswich
Courtenay, P.—Bridgewater
Drummond,.H. H.—Perthsnirc
Egerton, Sir P.—Cheshire
Eliot,'Lbrd—East Cornwall "I
Evans, William—North Derby
Gladstone, W. E.—NewarK-on.

Treat
Grey, Sir George—Devonport
Grimsdhch, T.—Macclesfield
Hardinge, Right Hon. Sir H.—,

Lauaciton
Hinde, J. Hodgson—Newcastle.
upcn-Tyne
Hodgson ittcl.—Berwiek.on-Tweed
Inglig, Stull. H.-ox. University
Jones. T.—Londolic'erry Co.
Kernble, H.—, aid Surrey
Lefroy, Rt. Hon. T.—Dublin Uni
versity

O'Brien, W. S.—Limerick Co.
Norreys, Sir Denham—Mallow

—NOES, bl.•
I Listowell, Lord—St. Alban's
Lowther. J. H.—York
Mackenzie. W. F.—Peeblesshire
Mackinnon, W. A.—Lymington
Maltosell. 'l'. P —Northampt nsh
Milnes, R M.—Pontefract
orrison , James—lnverness
Ossulston,Lord—NorthNorthum.
berland
Pakington, J. S.—Droitwich
Palmer, George—Enc.(
Parker, John—Sheffield
Perceval, Colonel—Sligo co.
Posey, Philip—Berkshire
Rae, Rght Hon. Sir Wm.—Bute
Rutherfurd, Rt. Hon. A.—Leith
Sanderson, Richard—Colchester
Sibthorp, Colonel—Lincoln
Smith, Benjamin—Norwich
Thompson, Ald.—Sunderland
Tren:r., Sir F.—Scarborough
1 roubridge, Sir E. T.—Sandwich
Walsh, Sir John—Sudbury
Wilbraham, George - Cheshire
MAnnington, H..l.—Worcesterh.
Wood, G. W.—Kendal

TELLERS.
Warburton, H.—lb idport
Hobhoust., 'l'. Benj.—Rochester

FRIDAY, JUNE, 11.
CAMBRIDGE ELECTION.

Motion made, and Question put, " That a Committee of
the House of Commons having reported That the Houour able
Henry Thomas Manners Sutton was, by his Agents, guilty of
Bribery and Treating at the Election for the Borough of Cam-
bridge,' Mr. Attorney General be directed to prosecute Wil-
liam Swan, a principal agent of the Honourable Henry Tho-
mas Manners Sutton, for Bribery :"—The House divided :

Shell, R. L.
Smith, J. A.
Smith, Penlamin
Smith, Vernon
Somers, J. P.
Stansfield, W. R.
Staunton, Sir G.
Strutt, Edward

MAJORITY—AYES, 78.
kdam, Admiral Sir C I Hutt, W.
Armstrong, Andrew Hutton, Robert
Bainbridge, E. T. Langdale, Hon C.
Raines, E. Leader, J. T.
Barnard. E. G. Maule, Hon. Fox
Bernal, R. Morris, David
Bramston, T. W. Muntz, G; F'.
Bridgematl, H. Muskett, G. A.

Brodie, W. B.
Brot he, ton; J.
Bustleld, W.
Clay, W.
Crdlier, J.
Collins, W.
Cowper, Hon W.
r:urrie, Raikes
Dalmeny, Lord
Duncombe. T. S.
Evans, U illiam
Ferguson, oionel
Goddard. Ambrose
Hawes, B.
ffiwicins. J. H.
Heathcoat, John
Hector, C. J.
Hume. Joseph
Humphery, J.

O'Brien, C.
O'Connell, lir J.
O'Ferrall More
Parker,John
Parnell, Sir H.
Pattisen, J.
Pechell, Captain
Phillpotts, John k.
Power, James
Price, Sir
Protheroe,
Pryse, P.
Ramshottom, J.
Rice, E. B.
Richards, Richard
Rundle, John
Salwev, Colonel
Scholefield, J.
Seale, Sir J.

Stuart, Lord J.
Style, Sir Charles
Surrey, Earl of
Thornely, Thomas
Troubridge, Sir T.
Tufnell, Henry
Turner, E.
Villiers, Charles P.
Wakley, Thomas
Walker, B.
Wemyss, Captain
Williaals, W.
Wood, G. W.
Wood, Benjamin
Wyse, lhomas
Yates, John A.
TELLERS.
Ward, H. G.
Hobliouse, T. B.

Arbuthnot, Hon. H
Baring, F. 'l'.
Baring, W. B.
Blackstone, W. S.
Boiling, W.

NORITY—NOES
Henniker, Lord
liolgbon, R.
Holmes, W.
Ingestre, Lord
Jackson, J. D.
Jones, John
Kiight, Henry Gally
Labouchere, H.
i.efroy, Dr. T.
Mackenzie, Thomas
Morpeth, Viscount
Net•ld, Jobeph
Nichol!, J
Pakington, John S.
Parker, U.
Pisot, R.

Buck,-Lewis W.
Burr, Higford

-46.
Plumptre, J. P.
Price. Richard
Pringle, A.
!tae, Sir William
ushbrooke, Colonel
Russell, Lord John
S.stiderson, R.
Seymour, Lord
Somerset. Lord G.
heiiger, F.
Thornhill, George
Verner, W.
Wood, Colonel T

Burrell, Sir r. M.
Douglas, Sir C. E.
Drummond, H
Du Pre, George
Eaton, Richard J.
Fellowes, Edward
Gladstone. N.
Gnmsditcb, T.
Hale, It: B
Hayes, Sir E.

TELLSRS.
narlington, Earl of
Walsh, Sir J.

THE SCOTCH BANKS.

---
The Deputation of Scotch bankers, who were lately in Lon-
don, have published a Report of their proceedings. From this
Report we learn that—
" Immediately on their arrival the Deputation had an inter-
view with the Chairman of the Committee, and, notwithstand-
ing that the Committee had resolved to examine only two wit-
nesses on the Scottish banking system, Mr. Blair, of the Bank
of Scotland, having been previously examined. the Deputation
prevailed on them to extend the number to three. Air. An-
derson, of the Glasgow !iv ion Bank, and Mr. Kennedy. of the
Ayrshire Bank, were appointed by the Deputation to give their
testimony. Our space enables us to give only a short extract
from the Report :
" The Deputation found that very dangerous and errone-
ous opinions as to the nature and practice of bankiug in Scot-
land prevailed in the metropolis, which they are anxious to
believe arise from ignorance of the working of the system,
rather than from prejudice or hostility. The paper currency
of Scotland is stigmatised as being irregular in its action and
redundant in its quantity, but the published returns prove that
it is regu'ar, invariable, and limited to the daily wants of the
community. It. is also charged with pressing ups;n the circula-
tion of London, though it is unquestionable that it cannot reach
London cr travel out of Scotland, being payable only in the
latter country. The ordinary demands of the Scottish banks
upon their supplies in London are excepted to as acting unfa-
vourably on the foreign exchanges, when it is quite clear that
these deman Is are the natural calls which every bank makes
on its own stores of capital kept 'n London for the express
purpose of being ready for contingent demands, and which
would bo so kept even were the currency purely metallic. It
is also equally clear that in times of pressure there is a ten-
dency of capital to flow from Scotland to London, rather than
the reverse, such capital being attracted by the higher rate of
interest which in such times invariably prevails in the London
market. •

" ' The establishment of one bank of issue, to supply cur.
rency for the United Kingdom, is at present a favourite
project. This is the grand remedy for the imaginary evils
areged to be attendant on the Scottish system of bank-
inz, a remedy which would sweep away the whole pre-
sent paper currency of Scotland, and entail upon that
country an expenditure about six or seven #mil-
lions in purchasing an dequate supply of currency
from this single bank, which would to that extent cripple
the means of the Scotti4ll banks in giving that expansion to
the induAry of the country which experiexce has proved to
be of such vital importance to its prosperity. Knowing
the existence of such opinions,. the deputation, and more'e,-
pecially , the two Obtlemen. who *ere to be ' examined, re-
solvekthat, i examined,x
In giving their-eviiienee, the greet object was±4,
con-ibif and refute errors and fallacies of a nature so (lenge:-
rous: 'The Report concludes with a recommendation to the
bankers of Scotland to keep up the connection they have at
this time formed for their mutual interest, and protection in
future. • ' The deputation flatter themselves that the bank--
ing system of Scotland, combining with the utmost degree of
,
safety and economy to the public, • a. perfectly on:
ganised control against excessive issues, through the free col-
lisions of individualinterest, has been proved to the Coin,
niittei,- and to the empire at large; • to- possess within
itself more intrinsic value than any ' other_ which is. at
present known or preposed'.t6 be substituted nits place:. in
proportion to its excellence is the duty, and ought to be the
an x ietiOf those Ohl:OW-With' its Administration, -t6 preserve
~. those characteristics willielt snhoriourablydistinguish it, unim-
; paired by any imprudence through which there could be just
cause of ;reproach incurred, reflecting indirectly on ,the ,system;
'itself." .

The Complaint in London is, not,that the paper currency.of
. Scotland, strictly and abstractedly, so
.to speak, presses upon'
the circulation of London, but that, by reason of the exernp
don of the Scotch banks fo retain gold their coffers agaiest
their issues, and from the circulation of one-pound notes in
that part of the kingdom': the 'Scotch banks are enabled to
maintain an influence on the London Market beyond the legi-
timate extent of their actual means and capital.. It is &mere
quibble to say that the paper currency Of Scotland cannot
affect the London Market, because it is only payable in Scot-
land. The report says, to be sure, that the Scotch hanks
would exercise the same control on the London Market, if the
" currency were purely metallic." This is a bold assertion,
and, in our estimation, a very false one; and, to give it the
outward show of truth, the report erroneously represents the
operations of the Scotch banks on the Scotch Exchange as re-
sulting from their ordinary demands upon their supplies in
London, as the "natural calls which every bank makes on its
own stores of capital kept in London for the express purpose of
being ready for contingent demands." The authors of the re-
port forget that every bank in England must keep on hand a
considerable amount of gold to meet the ordinary purposes of
trade, and to supply the buviag and selling for sums under five
pounds; whereas the Scotch banks have no such burden on
their shoulders, but enjoy the most profitable part of their
business by being exempt from it; The Scotch banks have
neither to keep Bank of England paper or sovereigns in their
strong boxes, which "every bank" in England must do,
against their issues ; and thus the Scotch banks are enabled to
carry on extensive operations in the public funds, whereby the
London market is subject( d to improper influences, and raised
or depressed to suit the views of these parties. We are no ad-
vocates for a purely metallic currency, because it is incom-
patible with the highly civilised state of the cnnntry and
its multifarious and gigantic commercial transactions;
but we are advocates for a purely convertible and an
uniform currency. The system of banking in Seat-
land has worked well and prosperously in that part of the coun-
try, and, with some exceptions, has been introduced beneficially
into England. But we always look upon the system of bank-
ing and the system of private issues as two distinct and sepa-
rate things. The banking interests throughout the provinces
seek to merge the difference, and to maintain the two as one
and indissoluble. They maintain that as Scotland has pros-
pered uneer its present system of banking, any attempt to in-
terfere with the system of paper issues there would he
ruinous to the comforts and interests of the people. Our
cpinion is very different from this, and we believe
that although the profits of the banks would be less if the sys-
tem of private issues Were reformed, yet the interests and pro-
perty of the people would be placed upon a far more solid basis,
and they would then enjoy the real advantages of the Scotch
system of banking, without the danger attending its abuse.
We have frequently shorn that the weekly exchanges are no
sufficient check against over-issues, and that the comparative
amount of notes in circulation by the banks in Scotland at dif-
ferent periods is accounted for by the contraction of the
genoral currency of the kingdom.

The Clergy in at
parts are represented as being
very actively engaged in canvassing for the electron. Their
motives for this are very ob-Jinus ; if the
Corn-laws be repealed,
they are afraid there must be a new adjustment of tithes,
wi4eb, u Well 49 rent, they drep.d be reduced.