The Sun.
London, England, 1832-04-12 00:00:00

BANK OF ENGLAND.-(THIS DAY.)

A most numerous meeting took place at the Bank of
England to-day of the Governor, Deputy Governor, Di.
rectors, andofPprirtpesreientteirnsg, fiptrettihtieonpsurtpoosepoafrlcoiamnseindterifonrg the
renewal of the Bank Chart, r, and on other special affairs.
Previous to the business Comm owing,
Mr. SELBY gave notice of his intention at the meeting
vhich would take place in September next, to move the
eduction of thesalaria of ;,he doierne r, DepuiY GoVer•s
.ior and Di:ectora. . .
•
The GOVERNOR then stated-that it was in strict fiktinett
•if the pledge which bad been given at a former meeting,
that th- Court of Directors had thought it their duty
that early period to c ill a meeting of the proprietors.
fhey had done so in consequence off the Chancellor of the
Exchequer Navin, given notice of his intention to move
'or the appointment of a Committee of the House of
Commons, on • the 17th inst., for the purpose of
considering the propriety ef tenwinr• their Charter.
His Lordshili having stated his Intention to adopt rich a
course, it became the duty of the court of Directors to
consider what steps it would be necessary for them to pur-
sue with respect to that approaching inquiry They had
tturely considered the subject, and bad prepared a peti-
ticn to b presented to the House of Commons, which he
would now submit fur approval of the Court of P oprie-
tors, with this only proviso, that the time and mode
of its presentation should be left to the decision of
the Court of Directors. The Honourable Governor
then read the petition, which prayed that the Charter
of the Bank might be renewed for twenty-one years.
Mr. SELBY thought tie petition of so much importance
that the present meeting ought not to be called on to
approve or reject it h,stiiy. No proprietor had heard (.r.
%een any thin:: of the petition till it had been read by the
Honourable Governor. He thought the meeting ought
to batty tithe to Look into its cottents,
The GOVi2RNOR observed that the Honottrab!e Pro-
prietor must he aware that Or, motion of the Noble Lord
was appointed for Tuesday next, and it would, therefore,
he desirable that something should immediately be done.
Mr. BLACKBURN agreed entirely with what had fallen
from the Honourable Proprietor (Mr. Selby) and would
move that the present meeting adj,urn to Saturday—
(Cries of " No, no.")

- A PROPRIETOR wished to know whether the -course
pursued on this occasion, was n..t the one always adopted
on the renewal of the B ink Charter ?

The GOVERNOR observed that it was not that the pre—
sent %v.'s an entirdy novel mode. It had always been
customary for Government to make arrangements with
the B nk.

The same PRoetlEroß wished to know whether there
was anythinz in the petition wore than securing the
rights of the Proprietors as they now enj iyed them.
The GOVERNOR said there was not. The object of the
peTition was to retain all those privileges to the Proprie-
tors which they at present posse•sed.

The same PROERIETOR thought there could be no doubt
ti ey would get what they at present enjoyed ; but the
question with him was, whether they could not get more.
(Laughter.)
Mr. WizzniNG could have wished to have heard an
explanation from the Governor of what the facts were th, t
took pace on tie rer swat of the f utter Charter. Hesaw
a r ason why the present meeting should not come to a
ri soluti n at once to adopt the petition.
The GOVERNOR. observed that he had already stated that
tl e course which had been pursued by the Chancellor of
the Esch.quer was a novel proceeding.
A PROPILIETOR 14'1,hed to know whether negociations
la.d not t.ken pace betwe, n the Directors of the Beek
of England and the Government on the subject.
Tt•e GOVERNOR said slid that no negociations whatever
affecting the terms of the agreement between the Govern-
tut nt and the Bank had taken place.
Mr. WINTER thought that no men, or Ministers, would
be so mad as to put a stop to 4 Corporation through
whose instrumentality the agriculture and commercial
in-erests of the country were carried on. He doubted very
much whether any power existed at present to put an end
ro the Bank Chatter; for in every Loan Act there was a
proviso that the Bank Charter should not be put an end
to till the loan had hem discharged. That being so, the
question with him was, whether they might not safely
de'ay any application to Parliament on the renewal of the
Charter. Another thing that made him advocate delay
was, that the House of Parliament was about to be re-
formed ; and it was extremely probable, if the Charter of
the Bank was renewed by the Parliament, as it at present
existef, a reformed one would not concur in such a
measure. He therefore trusted the meeting would adopt
the suggestions of an Hon. Proprietor, and adjourn for a
day or two. 11 any Hon. Proprietor wedd second him
he would move as an amendment to the original motion
that the meeting be adjourned till Saturday.
Mr. SELBY seconded the motion.

After some observations from Mr. KKAIBLE, who saw
n i grounds for the adjourment of the Meeting, the amend-
ment was put by the Governor and lost by a very large
majority.
Mr. BLACKBURN then rose for the purpose of moving
the printing of the petition, and that every Proprietor
should be allowed to have a copy on applying for it.
The GOVERROR said the usual course was to put the
original motion, when the amendment had been disposed
of, H.. would follow Cott course now, but it would not
preclude the Hon. Proprietor from putting his motion af-
tei wacds.
Tt.e motion was then read, when

Mr. RoninsoN said he had no intention to oppose the
motion ; but he thought there was no occasion for the
wo,ds giving the Court Directors a discretion as to the
time of presenting the petition—it ought, if agreed to, to
be i.retnte on a i'sy before that fixed for the motion of
the Chancellor of the Excluquer.
Mr. BLACKBURN said his motion was merely put with
a view to give every Ilan. Proprietor an opportunity of-
examining the nature of the petition, which he could not
do by merely hearing it read over.
The original motion was put, and agreed to almost
unanimously.

The GovERNOR then said that the business having been
gran: through for which the Court had been made especial,
he begged to have the attention of the Court for a few
moments. He had already said that no arrangement or
interview with the Government, on the subject of the re-
newel of the Charter, had b en come to ; but it must be
well known to all present that stone and many ar-
rangements had been in progress for the last year,
and, therefore, that both he and the Deputy Governor
must have been in constant communication both with the
late Government and the present one. The Court of Di-
rectors had t ken these things into consideration, and had
therefore come to the determination of proposing at the
election on Tuesday, that both the deputy-gov rnor and
himself should be continued in office for a limited period,
which they anticipttd would not extend over six months.
He wvs a rry that eircums•auces had rorVered the neces.
sary, for it prevented the company fr,m having the benefit
of the tal4 nts of the gentleman who was next in rotation.
The governor and deputy governor had no responsibility
upon themselves, farther than in being the organs of the
Court of Directors in tl.eirt otumunic.itiont withthe Govern-
ment,—all the responsibility thtrefore rested upon the Court
of Directors, and he could assure the Court of Proprietors,
that that Court would use their best exertions in the pre-
sent exigency of the aff tire of the Bank. He had given
this notice thus early, heeause circumstances had rendered
it necessary to depart from the usual system of rotation, hut
lie fully heliesed that in six montlat they would be able to
eeturn to their old system.
An HoN. PRoriturroa enquired whether, according to
the charter, elections could take place for a lees period
than a year ?

The GOVERNOR a id, that such could not be the cue.
The election to be made on Tuesday must he for a year;
hut if, at the end of six months, he and the Deputy Go-
vernor found that they could properly retire, the Pro-
prietors would not consider it any disrespect in them to
off r their resignation.—The Court then adjourned.

Preparations have been making by the Bankes
party for the menaced contest in Dorsetshire, where they are
,aid to have retained all the attorneys. But it appears that no
contest is to take place, Mr. Portman having wisely determined
to retain his seat.

BIRTHS.
On the 9th inrt. at Cheltenham, Lady Walsharn, of a son.
On the 11th inst. at Tulse-hill, Brixton, Mrs. Brand of a son.
MARRIED.
On the 12th inst. at St, John's Church, Lambeth, James Dunn,
Esq., purser in the Royal Navy, and of Stamford street Black•
friars, to Lucy, only daughter of the late Richard Dore, Esq.,
formerly his Majesty's Deputy Judge-Advocate of the colony of
New South Wales.