The Sun.
London, England, 1844-04-05 00:00:00

and Strasbourgh and Bale, 21 discount. London and
Westminster Bank Shares were 4 to 3f premium.
The Foreign Exchanges did not vary to any extent
this afternoon, either as regards an advance or decline.
A pamphlet has been sent us headed " Reasons
against Legislative interference with the present system
of Circulation, submitted to Sir R. Peel, by the Commit•
tee of Private Country Bankers." As this is a topic of
the deepest importance we may give an analysis of the
reasons stated. They were thus given in the shape of
resolutions passed at a meeting of the Committee held
very recently :
" First, That under the present state of the law, the
private country bankers enjoy no privilege, which in
practice is inconsistent with the maintenance of a sound
and wholesome state of public credit.
" Second, That the agricultural, commercial, and ma-
nufacturing classes of all descriptions throughout the
kingdom are mainly interested in the continuance of the
privileges which the law now confers on private country
bankers, and will be immediately and seriously embar-
rassed by any legislative measure which shall interfere
with or limit the exercise of these privileges.
" Third, That the present state of the law, as it regards
private country bankers, has not been made the subject
of public complaint or petition, nor has it been alleged on
authority against them that they have abused their pri-
vileges, or been in any degree accessory to the recent
depression or the sudden alternations in the state of
trade.
" Fourth, That the anticipation of an alteration in the
law relating to private country bankers, combined with
the want of all information as to the nature and extent
of such alteration, if contemplated, is calculated to inter-
fere with the ordinary operations of business, and to
shake confidence and credit.
" Fifth, That this meeting being earnestly desirous to
avert the excitement which has hitherto always accom-
panied the agitation of questions connected with credit,
and impressed with the due sense of the magnitude of
the consequences involved in the discussion, consider it
to be their duty to take such steps as may tend to re-
move all uncertainty regarding the intentions of her
Majesty's Government."
COURSE OF EXCHA

TGE.—(YESTERDAY.)
Gibraltar
Leghorn 3O 65
Genoa 25 95
Milan
Venice 47
Naples 39
Palermo, per oa ll7
Lisbon s3}
Oporto s3i
Rio Janeiro 23
Bahia 23
Buenos Ayres
Newrork.,2ldys sight
Philadelphia -
PRICES OF BULLION, PER OZ.
Foreign Gold,bars.l,3 17 9
Portugal Gold Coin 3 17 5
New Doubloons 0 0 0
New Dollars 0 4 9tl
Silver in Bars 0 4 11i

Amsterdam CF.
Ditto, at sight
Rotterdam 2 U.

12 6
12 4
12 61(

Antwerp
aamburgh M.B.

Altona
Paris, 3 days' sight 25 75
Ditto, 3 months 25 95
Marseilles
Bourdeaux 25 0
Frankfort on Maine l22i
_ _

Petersburgh, 3Us 361
Berlin 7

Vienna, effec. 11.351. 957

Trieste, ditto
Madrid

Cadiz
lAilbao

Barcelona

Seville

INCORPORATED SOCIETY OF
• LICENSED VICTUALLERS.
Yesterday a Special General Court of the members
of this Society was held at the Licensed Victuallers'
School, Kennington-lane, at eleven o'clock, for the
purpose of considering the propriety of altering the
by-laws relating to the qualification of candidates for
the Committee, in accordance with the following re-
solution of the Governor and Committee, namely :
" That no member shall be qualified to serve on the
Committee of Management of the Incorporated So-
ciety of Licensed Victuallers while on the Commit-
tee of either the Licensed Victuallers' Aspum or the
Licensed Victuallers' Protection Society.
There was a very tumerous attendance of the trade
on the occasion.
The GOVERNOR (Mr. Keasley) presided. He took
the chair shortly after eleven o'clock.
Mr. TAPLIN saii, that having been informed by
their respected solicitor, Mr. Wire, that the motion
which he had intended to submit to their considera-
tion, relative to the qualification of the gentlemen to
serve on the Committee of Management, would, in
fact, be an illegal proposition, and could not, there-
fore, be put to the Court, he begged to withdraw it.
—(Hear, hear.) He only regretted that, under the
peculiar circumstances of the case, so many gentle-
men had been called from their homes at so early an
hour.
Mr. WIRE said that his attention having been
drawn to the subject alluded to by Mr. Taplin, he
(Mr. Wire) felt it to be his duty to wait upon the
Governor, and inform him that the proposed regula-
tion appeared to be a contravention of the charter,
inasmuch as it narrowed the choice of the consti-
tuency, and imposed a disqualification on members
not contemplated by the charter. The Governor had,
upon hearing this opinion, kindly desired him (Mr.
11 ire) further to consider the subject, and to.be pre-
pared to advise the Special Court how to act. He
(Mr. Wire) had since then read over the charter and
the by-laws, and was fully prepared to advise the
Court not to receive or pass the resolution.
Messrs. Homer, Larby, Vousley, jun., Bryon, and
other gentlemen concurred in the view taken of the
subject by Mr. Wire. Indeed such appeared to be
the prevailing feeling of the Court.
Mr. TAPLIN begged to be allowed to withdraw his
motion, and it was withdrawn accordingly.
The GOVERNOR then dissolved the Special Court,
announcing at the same time that a Quarterly General
Court would be held at one o'clock, for the election of
trustees, committee-men, and auditors, in lieu of those
going out by rotation, and on other business. Ac-
cordingly, shortly after one o'clock,
The Governor again took the chair.
The SECRETARY then read the usual periodical
accounts, which afforded considerable satisfaction,
showing, as they did, the increased profits of the
Morning Advertiser, with a diminished expenditure,
arising from the careful revision and improved ar-
rangements adopted by the management. They also
showed that there were now 267 claimants receiving
weekly allowances from the funds of the Society.
Mr. LARRY would take that opportunity of sug-
gesting to the Committee of Management the pro-
priety of adopting a plan by which an accumulating
fund would be created, the formation of which would,
in his judgment, materially add to the advantages
derivable from being connected with the Incorporated
Society.
Mr. OLIVER said the principle had already been
acted-;on in reference to the subscriptions of new
members, and he trusted it would yet be more ex-
tensively carried out.
Mr. Bingley and other gentlemen expressed their
opinions in accordance with those put forth by Mr.
Larby, when
The GOVERNOR said he was sure the very admirable
suggestions thus thrown out would not be lost sight of
by the Committee.
Mr. LARRY then congratulated the Society on the
very gratifying state of their affairs, and moved that
the accounts be signed by the Governor, in the name
of the Court,
This being done, the accounts were passed.
Mr. PERRY then drew the attention of the Court
to the subject of the admission of children into the
school, with the view of recommending that, for the
the Governor, Trustees, and Committee should
not future,mit children into that Institution on account of
the Permanent Fund, unless the parents of the children
had been subscribers to the school.—(Hear, hear.)
Mr. LARRY most heartily concurred in the recom-
mendation in question, on the ground that the admis-
sion of children whose parents were not subscribers to
the school prejudiced the election of other children,
whose claim to the benefits of the Institution was
more legitimate.
Mr. Vousley, sen., Mr. Homer, and other gentle-
men, perfectly concurred in this view of the case, and
Mr. WICKER (the Governor elect) said he was sure
that, after the feeling that had been so unanimously
evinced
.by the gentlemen precept,' the Couwittee