The Sun.
London, England, 1804-05-22 00:00:00

REVILPFS AND SILIM FIGIIT, IPSWICH.

Lieut.. General Sir JAmEs CRAIG, K. B. and his
wh, Matt* art teed at Ipswich on Sunday se'nnighr,
from Colchester, to review the Garrisons of that
place and Woodbridge. On Monday, hr beilan by.
reviewing Major-General Lord. Charles Fitzroy's,
Brigade, -consi!,ting of the Hants, North-York, and
F -Suffolk Regiments of ia--andirarne!lia te-
ly after, on the'same morning, he reviewed Major.
General Baird's Brigade, consisting cf-the Royal
South Lincoln and Westminster.MidLiksex Regi-
ments of Militia. On Tuesday, he reviewed Ma;
jor-General Lord Paget's Brigade of Horse, con.
silting of the Ist, or Royal Dragocris, and the.7th.
arl! 9111 ,Light Dragnons--,and, immediately after
them, Major-General Smith's Brigade, fryn WOod,
bridge, c“nsisting of the Ist- and 3d Lancashire'Re-
giments of Militia, and two companies of the 95th,
or Rifle Repimenr. The w hole of the above he le-
viewed'on Rushmere Heath.

On Wednesday the whole cf the .Troops .at Ips-,
• wich and Woodbridge, wet for a praCasing day, and
were in the field from nine o'clock in the morning
till six in the evening. •
Thursday, the whole of the Troops of both Gar
risOns were brigaded together, and had a grand field..
day.. Major-General Smith's Brigade marchedficm
Woodbrit!ge at half past seven, in the morning to
Rushn'ete Heath, ab .ut two - miles from Ipswich,
where they men the Troops
_from that town. The •
Cavalry, consisting of the Royal Dragoons,'the 7th
2.1 9,t• •Lighr. Dragoons, under the command. of
Lord Pager, with the Horse Artillery, weredrawn
up on each side of a defile, leading on to Foxhall
Heath;
~The Infantry were then drawn up in
The centre, consisting of the tst and 3d Royal Lan.
cashire Regiments, under the command of Major-
General Smith—the rights of the Royal South
coln and Westminster Regiments, under, the con.
mand of Major-General Baird—and the left,. of the
HertfOrdshireoNorth-Yolk, and Easz-Suffolk Regi-
ment's, under the command of Major-General Lord
Charles Fitzroy, and two cc mpanies of the 95th, or
Riflemen, two companies of the North-York Rifle-
men, and the RangerS, under the command of Ma--
jor Stewart, 'of the -95111,. clanked the left of the
whole. The enemy having been supposed to- be in
.possession of Woodbribg,e, and were making their
way to Ipswich—the right of our Army,heing de-
fended by the river—the enemy, therefore, could
Only attack our centre or left.- The Cavalry, with
the Horse Artillery, first passed the defile, making
their way towardsWoodbricige to meet the enemy,
The line then broke of into columns of battalions-M'
pass the defile. The Riflemen having first lined
every hedge, and gained possession• of all the
heights, to prevent the column being attacked by
an ambuscade; the army passed the defile, and ad..
vanced over Foxhall Heath, protected in its front by
Cavalty,',and its left by the Riflemen. As soon as
they had arrived Upon Martlesha:n Heath, 'the Ca-
valry, &c. were supposed to have fallen zhe
enemy coming to attack our left, and immediately
engaged them. The army then formed line to pm..
tea the Cavalry, which were at last obliged . to fall

hack round the-right flank. The Jine then began a
fire of Artillery upon the enemy, which obliged them
to change their intention and tly to gain the right.
The Line changed their front by advancing in echel.
lon of battalions, and again forming, advanced

vpon the enemy ; when, the Cavalry meeting a
—very superior force of the enejny, after an engage-
ment, were again driven in round the right flank.
An army then advanced by successive battalions
supporting each other, when, after an engagement,
, the enemy came up in such force as obliged us to
retire in the same manner we had avancedi being
covered in their retreat by the Riflemen. After re-
- treating some way, the, army halted and formed
themselves into three squares, when the Riflemen
were beaten into the squares, which immediately

. -
began a very heavy fire upon the enemy, who were
checked, -the squares having again retired some way
bruice L,ff into column's, being proteded on their left
by the Rlfiemen, who were frequently engaged with
the enemy 's skirmishers. Our army again formed
into :wo lines, retiring and supporting each other,
being covered - by the Horse. ,We again passed
the defile to Rushmere Heath, ,disputing every inch
of ground; and the rear of the whole army was last
covered by the. Riflemen, who kept up a.constant
fire till they got to the defile, which, as soon as
they had entered, they were covered by a constant
fire of heavy Artillery" and Infantry.
The whole was unconimunly grand, and shelved
gnoki generalship in the commanding Officers, and
uncommon steadiness and alertness in the men, v,tho
were underarms above twelve hours, and in con.
scant atiiuti.'

Qn Wednesday sennight a match for too guineas
a side, wai.decided between Mr.TENNANYS chesnut
galloway, and Mr. HAWMAN'S black poney, rode
by the owners, too miles on the road between
Northalletton and York, which was won by the
'former. They set cif from Northallerton at eight
_o'clock in the morning, and the winner tetutned,
alter completing the too miles, at half past eleven
at night. The poney kept the lead 8z miles, was
then passed by the galloway, which won easy,
beating the poney six miles.
A very singular phenomenon has occurred in the
neighbourhood of Glasgow, which is at present the
subj:t:t of conversation and philosophical inquiry.
Zr was f,bserved by several persons at Possil, about
five miles from Glasgow, and was described:as if
four cannons had been fired off about the great
bridge which conduffs the Forth and Clyde Canal
over the River Kelvin, and afterwards as a violent
rushing, whiz Ting noise; it had the appearance, of
something of
.a reddish colour, moving rapidly
through the air, attended by a great smoke, and
which fell to the ground with a great force.' Some
days after, a careful search was made for_the pieces
of stone, and two pieces were found, the surfaces of
which were pretty-smooth, and' of a black colour ;
but internally, they had a greyish appearance. The
sound seemed to be in the north, and to turn round
by the west, south, and east, to the North.

EXCHANGE WITH IRELANDI

EXTRACT

FROM MINUTES' OF EVTDENCE - ' •
Taken before the Conimittee appointed to inquire into the
"State of I reland,a3 to its ci,Foliatinz Nper ; its SPecieand
~Current Coin; and the Exchange between that pyt of the
Livitcd Kingdom and Great Riitairi: - • ."
•
The Right Hon. 'JOHN FOSTER, in the Chair.

JOHN SUGFT, ESQ. •
Agent for the Governor and Company of the Bank of Ireland ;
called in arid ekamined.

What•is the state of exchange., and What hai it
been-for the longest -period yOu can make it up to,
between Dnbl'in and London ?—I have 'extratled
it from my own books from 1728 in-chisive, all per-
! fett, except fot the year 1732, up to 31st of De--
cember last. The present exchange is now 18..1 in
London& in Dublin.l7l- to 17:1, by this day's
tens.

How long ago is it, by your returns, since it
1: *as at 'par August 1798 it was at ,8 per cent.
Hin London, for, one poSt day. In February, March,
April; May, and June, and-pact of July, 1798, it
vtlas from 9to gi per cent. • •
Has the rise been gradual since that tim? ?—'
Sometimes•higher and sometimes lower ; never uh-
der 9 since that year. It went on rising till ja_
nudry Aco. During the year 1800 there was
much variation in the Exchange, owing. to, G%.
vernment (with a view to loWer the Exchange if
possible) having determined to exchange Irish 8.0
Notes•at the Bank of England, at the rate of 91 ;per
cent. The total sum during 1803, so
,exchanged,
was 1,190,0001. The exchange then, radually tcse
till Jo')• 18ot ; it'was ihen 16; it afterwards varie&i,
and was as low as it per cent. in November Oar.
On two days in November it 'was. at to per cent.;
the account in 'my hands is made up only to March
1803, it was tben 14.1; :and from Novetnber 18or
to thatTeriod it was from :xi. up to i4l.
Has not the rise been pretty general since the re-
striaion on the issue of specie by the Bank ?—lt has.
Do you attribute that rise to the iestrinion ?--In
part ; I should suppose the rise of exchange arose
from the balance of del., ',.;eing in favour of. Eng.
land; the restriaion on the Bank of course debarred
Ireland of the, means. of paying off that balance iri
guineas, which the Bank of Ireland since its inszitu.
tion in 1780 afforded them. As a matter of opinion,
I 'should suppose that the money paid to absentees
was about 2,000,3001.- in the year 1803, 'and I
form my calculation from having examined what
passed through my hands, direaly and indirecilyri
from the Ist January 1803 to the 31st December
1803, and the amount was between 8 and 900,0301.
but it will be unfair to presume that that sum will
continue to be so large, as much of it, from the cir-
cumstances of the times, was sent over to be invested
in the funds. '['he grounds I took
.respeding the
calculation of 2,000,000'•. were these, that, inde-
pendent of my private correspondence, I could cal.
culate what part of the treasury drafts draw❑ on me
was for absentee accounts.

• 'Do you consider that 2,000,000 i. is a greater or
less sum than has beep annually remitted on account
Of absentees, for the "last four years ?—Greaterft
though not considerably ; but 'considerably greater
than before the Rebellion.

Is it not a reasonable suppositior that other remit-
tances, through other hands, amounting to the dif-
ference between what you state and the 2,000,0001. ?
—I think so. The payments in England, on ac_
count of the interests and loan charges, is between
1,200,0001. and, r,300,0061-; to meet these and
other•demands. there is the loan to Ireland, which
was last year 2,000,0001. and the balance_of trade,
which appears to me, from the exchange, not to be
sufficient to meet the above demands; and I am led
to think so,. because-the internal increased circulation
of Irish Paper I cannot think to h the cause, be.
cause, on examining the. exchange of Hamburgh
with this Country, when the Bank 'of' England, in
1799, had 14,000,0001. of Bank Notes.in.circula-
tion, the Hamburgh exchange was 31-6. In 1800,
when tlte Bank of England Noted were 15,400,0001.
the exchange was at 3o; and in 'lBO3, when the
Bank Notes were 17,906,0061. theexcltange rose in
fzavour of England to 34-10, the par being considered
to be 34.6 to 34-8, varying according to the price
of silver. It turther appears to me, that the cause
of the high exchange must be from a debt due from
helot- d to England,. and not from any connexion
with the internal circulation of the Irish Notes;
because when the Irish Treasury draws, exchange
falls. precisely the same as if merchants in Dublin
had to draw for an additional quantity of goods ex-
ported. •
Do you suppose that any increase in the currency
of a country has an died upon its exchange with
other countries ?—lt is a question I do' not teel my.
self competent to answer ; bur front referring to ihe.
above statement, respeting the circulation (*Bank
of knglar:ld Notes, . and the price of the Hamburgh
exchange, I should think not with tespeet- to ?ape:.
Do you not suppose that the increased quantity
of notes in 1803 only supplied the pl4ce of gold
which was driven out of circulation ? I do not un-
derstand that any gold was exported during 1803 ;
and as for the sums which my be buried in England,
I have no data to g 6 to.
Did not the increase of about 2,100,0001. of Bank
of England Notes, which took place bet Ween 1800
and 1803, consist almost entirely of an increase of,
11. and 21. notes ?—Yes.

If the Bank of, Ireland; upon the removal of the
restridion in botk countries, was forced to pay in spe-
cie, and the exchange 'continued against Ireland,
what, do you conceive .'would he the etre& of that
measure, upon the state of the Bank of Ireland '?
While the balance of debt was against Ireland, the
guineas would leave it,
.while one was left in the
Bank.

Would there not he then a greater difficulty upon
'the Bank of Ireland to obtain guineas, than there
now exists of their obtaining Bank of Englard
per, supposing no restritlion existed ? Certainly ;
it is easier to c'arry paper than gold, and the same
means that pirso,ns have of paying 'for the gAd,
must be used to procure Bank of England Noses.
• Was there any loss on the coining Supplied by the
Bank of England ? On the contrary, the pr.-tdice of
the Bank has been to purchase gold at 31. im 6d.