The Sun.
London, England, 1857-12-04 00:00:00

which was to be taken into consideration'. The present
system committed the error of dealing with the ciroelation
as if the same amount of money issued from the Bank
wouli always have the same power. It was just as if itl a
calculation in a matter of physics all idea of the moving
power was omitted and the' weight only considered. It
• was undeniable that on the only two occasions that the sot
had been brAight into operation it had deceived the expec-
tations of its framers. Parliament, he thoUght, would
scarcely be prepared to leave in the power of the Govern-
ment of the day to set aside at its own will and pleasure
the law upon which all the tights of property depended.
In conclusion, the noble lord expressed a hope that future
opportunities would arise for the ample discussion of the
subject, and asked for a copy of the correspondence which
had taken place with relation to it between the Chancellor
of the Exchequer and the.bank of England.
Lord STANLEY of ALDERLEY said that he had
already laid it upon the table.
Lard CAMPBELL, referring to the paragraph in the
Speech respecting the introduction of a measure for sim-
plifying and amending the laws of real property, said that
he wee very anxious to see a bill which proposed to render
the transfer of laud as easy as the transfer of the Three per
Cents. He had some curiosity .to know how such a great
wonder was to be attained, . and he hoped that the bill
would shortly be laid on the table.
The LORD CHANCELLOR said that the Speech did
not promise to introduce a measure which would render
the transfer of land as easy as the transfer of the Three per
Cents. All that the Speech said was, that measures would
be proposed for simplifying and amending the laws relating
to real property. Those measures were in course of prepa-
ration, bat he could not undertake to say that they would
be laid on the table before the ordinary time.
In answer to the Earl of DERBY,
Earl GRANVILLE said that the Indemnity Bill would
be introduced into the other house to-morrow (this day),
when, if there were no opposition, it would he road a first
time, and gee other stages would be taken as rapidly as
possible "
The Address was then agreed to, and the house ad-
journed at 11 o'clock.

HOUSE OF COMMONS.—(YESTERDAY.)
The house resumed at a quarter to 4 o'clock.
NEW MEMBERS.

The Hon. Mr. Byng (for Midollesex), and Mr. W. J.
Fox (ror Oldham), tonic the oaths and their seats, having
been electod during the recess.

SESSIONAL ORDERS.
The usual sessional orders were read and agreed to.
NEW WRITS.

On the motion of Mr. HATTSR, a new writ wag or-
dered for the borough of Harwich in the room of Maj-n.
Warburton, deceased ; for Paisley, in the room of Mr.
A. Hastie, deceased : for the eastern division of the
county of Kent, in the room of Sir E. C. Dering, who
has accepted the Chiltern Hundreds.
On the motion of Mr. KNIGHTLY, a new writ was
ordered for Northamptonshire, in the room of Mr.
O'Brien Stafford, deceased.
Oa the m >tion of Mr. T. BARING, a new writ was
ordered for Thetford, in the room of the Hon. Francis
Baring, who has accepted the Chiltern Hundreds.

OUTLAWRY BILLS.
On the motion of Mr. WILSON, this bill was real a
first time.

BANK INDEMNITY.
The CHANCELLOR of the EXCHEQUER gave
notice that he should to-morrow move that the house
resolve itself into a committee of the whole house, with
avievv of introducing a bill for indemnifying the directors
of the Bank of England, and also he should move after.
wards for the reappointment of the bank committee of
last cession.