The Sun.
London, England, 1803-02-23 00:00:00

111,IPERML PARLIAMENT.

ROUSE OF PEERS.

TUESDAY, FEBRUARY 22.

juvct.trNT respefting the Appeal Cause, LA.w.
SON 'u. MAX W 1.1., was, we understand, farther
postponed.
The Marquis of WiNcHErt ER, Lord SOMIRS,
and Viscount No aTIILAND, one of the Irish Re.
presentative Peers, were sworn andlook their seats.
The Duke of MONTROSE moved the Order of
the Day, for summoning their Lordships ; which

being read—
His Grace rose, pursuant to his notice of yester-
day, to move an Address to His Majesty, on the oc-
casion of his Providential Escape from the machi-
nations of designing Traitors. In prefacing his
Motion, the Noble Duke observed, that on such
4n occasi'm as the present it wos 'obviously unneces-
sary that he should expatiate at any length, or take
up much of the time of their Lordships. On such
an occasion, he felt there could be but one senti-
ment pervade the House. In viewing, however,
the particular case before them, it was some degree
ofsatisladion to relied, that no motive of personal

malice against our Gracious Sovereign seemed to
animate the Traitors, their project appeared to
he that of rooted enmity to •.the happy and
benign Constitution of the Country. Its de_
atrurtion was the object of their machinations ;
and a part of their wicked and atrocious scheme,
was to destroy its Constitutional Defenders and
be,t Guardians the sacred life of a' Prince was
aimed at, who was not only entitled to respect and.
veneration, from the sacred and important
,func-
tions of the Kingly Office, but of one, whose pet-
bbnal virtues andgracious' deportment called for the
esteem, and toncili'ated the affections of all his sub-
jects. In the long line of Monarchs who swayed
the Sceptre of these Realms, there was not One so
much entitled to the gratitude and affections Of Lis
Subjects, on account of the substantial behefits they
reaped under his auspicious reign, and the strong
interest he always it for their welfare and
happiness, as our present beloved Sovereign. He
would, therefore, without further preface, ,move a
suitable. Address to His Majesty, in'which he was
confident, every one of their Lordships would most
cheerfully concur.
Earl CAMDEN seconded the motion for the
Address, in a neat and pertinent speech—He coin-
cided in sentiment with his Noble Friend- the
mover, as to the motives and objects of those
'Traitors whose atrocious schemes were so happily
defeated ; the feelings so well expressed by the
Noble Duke rendered it unnecessary for him to tres-
pass upon their Lordships in that resped. The Noble
Earl towards the close of his observations took

o,:ca-,itin to compliment the zeal and Assiduity of his
Noble Friend at the head of the Home Department,
(Lord PELHAM) to whose province it more pe-
culiarly belonged, to take the necessary steps for
rendering abortive all traitorous attempts and de-

Signs.' -
The Address was then read, and the question put
upon it in the usual way, when it was forthwith
voted by their Lordships Nemine Dissentiente.

r For a det4iled Report of the tenor of the Address, sec the
p0,cri,114.; of the ,douse of Commons.] •
A Com►e;ittec of their Lordships was then appoint-
ed, npeeattly to the established form, to prepart
the Address in the mode proper for presenting it to
the Sovereign. The Corninittee shortly made their
Report, the Address in full form was again read
from the Woolsack, when it was ordered to be pre.
seined to His Majesty by the whole [-louse ; and
the Lords with white staves were ordered to learn
lii Majesty', pleasure with resped to being waited
on with the same.

Cu the Motion of Loral A!/f, certain Ac-
counts from the Bank, relative to the general sub-
jea. pcilding in discussion before their Lordships,
were presented by Mr. ASTI, ET,I, and laid upon the
Table.

Lord PELHAM then rose to move for the second
reading of the Bank Restriction Bill. The Noble
Secretary of State prefaced his Motion with' some
general observations, in a great degree similar to
those he advanced when called upon on a former
night. He stated with great perspicuity and. el„
fen, the history of the measure of Restrinion, from
its original commencement under the Order of Coun-
cil in 1797, till the period when it was at one time
proposed to expire soon after the end of the War.
His Lordship repeated, that the measure in question
was dilated by no accommodation compact, or
agreement whatever between Government and the
Bank, as suggested by,„ the Noble Earl an a
former night. The continuance •of the Re.
strilion was, in the present circumstances of
the Country, particularly with reaped to the.
Course of Exchange, deemed a measure highly ex-
pedient and advisable by, His Majesty's Ministers.
file fans, that the Commercial Prosperity of the
Country was in a progressive state, and the Course
of Exchange being decidedly unfavourable, .were,
he contended, by no means contradidory. The
points advanced upon that head, by his Noble Friend
near him (Lord AUCKLAND), were, he thought, in.
controvertible ; that the Commercial Prosperity of
the Country was progressive, the improved state
• of Exchange was, among other considerations, a
proof ; and this, from the rate. of 71. per Cent.
'against us, to be so low as 21 per Cent. He ob.
served, that though the Directors of the Bank had
fit), sort of concern with the promotion of the pre.
. sent measure, yet he was decidedly of opinion, that
were the Dire&Or3, .men who, from their Official
Situations, had the best opportunities of being in_
formed upon the subjeft, been asked their opinions
individually, or as men, they would declare their
.opinions of the measure being serviceable to the
Country at large. The question before the House,
was, whether, under the present . circumstances.
of she Country, 'it was expedient, or advisable to
continue the Restrkuion until the favourable oppor.
tunity fur commencing payments in specie at the
Bank might arrive. With raped to a great deal of
'what fell from. the Noble E3rl, on a former night,
it regarded the general situation of the Country in
point of Finance, and not at all connected with the
suhjed regularly under discussion. He should de-
cline following him, but whenever- those points