The Sun.
London, England, 1833-08-16 00:00:00

ought now to be allowed to be formed again ; '
,t it was a proceeding contrary to law that the pri-
vileges of the Bank should he put an end to, by the law
Officers of the Crown, when the opinions of lawyer-,
equal y eminent, were against the validity of the pro-
ceeding; that should 111inieters persevere with their
preseat intention, all constitutional means should be
resorted to, by petitione to both Houses, to oppose their
proceedings ; and, in the end, that a request should be
wade, that rather than the Bill should he carried in the
way proptreed, the further consideration of the subject
should he postponed. as wag offered by Lord Altborp's
tette.- of the 6 h inst., till next sessi..n.
Mr. You NO seconded the resolution, upon the ground
that t' e Court was not vet abbe to give to the gsesti.m 4
full and fair consideration. He took credit to himselt for
raving procured the adjournment on Tuesday last, because
since then the Court had been put in p .seession of the
opinions of tt e most eminent Counsel. Ir hid lately been
seirt the there was no alteration in the declaratory clause;
hut surely the Government would not persist in such an
unfounded assertion. If that law passed they would soon
have not one or twit Reeks ,tut twenty of then' in Lon-
don. By acceptine it you would he giving up everyt' ing.
without anything in return. They would he left without
any protection, and were to get nothing hut loss for their
labour, and risk in transacting the public business. He
was not asking for any new privileges. nor did Le ask for
anything for the Bank exe pt for the benefit of the
community. Then, again, they were to be made
responsible for everything. Then, again, the Coun
try Bonk question was put off till next session. They did
not know what the provisions were that they might lee
ceive, yet the B ink was to he thrown into the gap to make
op for any mistake that they might co emit. Let them
have their capital, and let them trade with it, then they
wanted none of their privileges. The mote he reflected
upon the measure, the more danger he saw in it, and,
therefore, he trusted that the Court would, before they
separated, adopt the amendment as a series of resoltitions
Mr. RANDALL JACKSON thought his ROO. Friend
should have moved for leave to hive rescinded the resolu
lions, and so have left the stage open. There was no
man breathing who held Lord Alrhorp in higher esti-
mation than himself, and he beli-ved him to be one of the
most honest men in the King's dominions, and if Lord Al-
thorp had fallen into error it had only been error. Upon what
principle was it that the Bank had lent hundreds of
thousands to the Government for the continuance of their
privilege ? Upon the opinion that it was law. But now
they were told that there was a flaw, and that it was not
law. The mutual impression was that it was law ; and
he asked whether it was consistent with the notions of
honour they all entertained that one party should
now take advantage of it ? What would have
been the course in private life? One party could
not have taken advantage of it without subscribing
to his own shame. It appeared to him that there
were three parties in Gaut; the London Bankers, the
Country Bankers, and those Gentlemen who bad invested
their money in Bank Stock for the sake of the interest.
Now a proposition which might be acceptable to one
party might not be to another. The Hon. Chairman be
knew and believed would do what he thought beet suited to
the corporation. He would suggest. therefore, whether
it would not be better to request the Chairman to wait on
the Chancellor of the Exchequer, to show him their
opinions—call them together again, and tell them the
result. He would not propose a resolution to that effect,
hut he thought that a medium course would ba best, and
therefore submitted it to those who had a stronger under-
standing than bin self.
Mr. WEEDING did not think the circumstance of
establishing banks of deposit in London any amine reason
for postponing the Charter till the next session. He could
never think that joint stock banks of deposit would hurt
them, when he considered thecharacter and respectability
4.f the Bank of Eneland. Six men out of ten
would use their paper, and would only increase their
business. He should recommend an alteration in the
woe ,ing of the first resolution p,ssed at the Court, viz
the withdrawal of the words " unjustly and improperly."
Mr CARRUTHERS trusted the Court would rofhct e,e-
riously before it adep•ed the proposition of the Hon.
Proprietor (M. R. Jackson), for the ;situation of the
Court might be one of a not very enviable nature, it,
after the interview, the Ceancenor of the Exchequer
elated that he would not stir a single step. He hoped the
Court would supple t and adopt the resolution which
had been proposed by the Hun. Proprietor who had
opened the dismission.
Mr. BLACKBURN supported the original resolution.
Mr. FIELDEN conadeted that Government had broken
its faith with tie Batik. and had taken away those privi-
lege.; which it had previously enj .yed.
The GoveßNota observed, that in all the interviews
he and the Deputy Govern, r had had with the Coan-
cellor of the Exchequer, that Noble Lord had stated
that it was not his intention to diminish the privileges
re the Bank, hut on no account to extend them.
Mr. SWEET was clearly of opinion that Governnient
had cortnuotted themselves with the Bank, and he had as
li tle doubt that Lord Althorp had been roken in tteon
by the House of Gnomons. He considered that the Court
had no alternative but either to accept the terms offered, or
to reject them.
An Hon. PROPRIETOR thought the Court might very
salty instruct the Directors to lay before the Government
tt me ;pinions of Counsel which they had obtained ;twee
they last communicated. He would therefure advise that
the Court shouts then adjourn, with such an under
standing.
Mr. YOUNG was of opinion that the amendment steered
a ttii-idle course.
Mr. LLOYD was still of opinion that his resolution
ghoul(' be passed, because, as a matter of course,
the Directors would lay the opinions before the Chan-
cellor of the Treasury, and state that they left the
case in his hand--they were willing to accept the terms
merely upon the ground of the country's good.
Mr. R JACKSON was still of opinion that the Gover-
nor should lay the opinions before Government, and then
call anotoer meeting and report the result to the Court.
Mr. P. GRENFELL thought such a plan would endan
ger t e measure, through the de ay that necessarily must
take place. He su ported the resolution of Mr. Lloyd
Mt. Ll. yd's motion was then amended, dy the opinions
being ordried to be laid before the Chancellor of the
Exch. (pier, and trusting that he woul a yet alter his
opinion as to the declar tory clause.
Mr. Weed iog's amendments were then put and negatived.
Mr. R. JACKSON then moved an amendment, to the
effect that the Governor should report to ano. her meeting
bef ire they cunai conclude the bargain, which was also
negatived.
Mr. LLoYD'S resolution was then put and carried.
The Court then aoj owned.

IMPERIALI'A Al

THIS DAY, FRIDAY, AUG. 16.

HOUSE OF COMMONS.

The SPEAKER took the Chair at about a quarter past twelve
o'clock.
On the motion of Mr. BERNAL, the Lords' amendment to
the Woolwich Dock-yard and Customs Duties Consolidation
Bills were read a second time.
Mr. HUME presented a petition from William Crook, of
Crescent-place, King's-cross, complaining that by the Stamp
Duties Bill he would be injured in his trade; that tor many
years he had practised the business of purchasing stamps whole-
sale at the stamp-office, and selling them in small quantities to
retailers, and that all that part of his business would be entirely
destroyed by the Bill now in the House. He therefore prayed
for compensation.
Mr. RICE moved the order of the day for the House resolving
itself into a Committee of Supply.
Lord G. SOMERSET was sorry to be obliged to call the
attention of the House to the consulioation of the Board of
Stamps and Board of Taxes. He did not object to their con.
solidation, nor to any saving which could be effected by such
an arrangement ; but he was confident, from the papers that
had been laid before the House, that the saving might have
been much more extensi e than it had been. He was of
opinion, that in all consolidations of department, there should
be one invariable rule, viz., that if the persons in those de-
partments were fit for their public duties, fresh and inexpet
-
rienced persons should not be introduced. But in the presen
instance, setting aside the claims of the old officers,
Government had appointed an individual (Mr. John
Wood) who was never before in the public service.—(llear.)
These were the Chairmen of the two late Boards (and to those
the Noble Lord said he would confine himself), who hid long
filled their ottices with the greatest credit to themselves One
(Mr. Mitford) h td held the situation for 36 years, and was still
in the enjoyment of health and vigour of mind and body, and
would still be as serviceable as any other person could be. His
appointing nt by the late Lord Liverpool was against his own
wishes, but he was selected by that Noble Lord for his
great experience and knowledge of business. On what grounds
then was he superannuated ? It might be said there would be
an objection by Mr. Mitford to serve under Mr. Thornton, the
chairman of the other department, or vice versa; but wohlu
the Noble Lord (Althorn) deny that a correspondence hat,
taken place with the Treasury upon that very sub.
Joel, and that Mr. Mitford had expressed his unwe.
lingoess to retire ?—(Hear, hear.) Even if he hat
wished to retire why was the pubic to pay so largely foi
the arrangement? His superanrguation allowance was not
beyond his merits, but it was enormous, and one that iron,
1
the present state of his health,, was likely very long to enjoy
'1 he Noble Lord, to effect this arrangement, had made the publ
pay 8401. a year more than they wouid oti,erwise have had trspa:.
besides having an inexperienced individual appointed to pertorn