The Sun.
London, England, 1844-05-08 00:00:00

ADVERTISEMENTS INSERTED in ALL THE TIIREE PAPERS, Morning Noon, and Night, thereby insuring a TOWN and COUNTRY CIRCULATION, at ONE CHARGE.

THE FORTIETH ANNUAL EXHIBITION
of the SOCIETY of PAINTERS in WATER COLOURS, at
their GALLERY, PALL-MALL EAST, is NOW OPEN.
Open each Day from Nine till Dusk.
Admittance, One Shilling—Catalogue, Sixpence.
R. HILLS, Secretary.

MUSIC OF SPAIN.
Without Extra Charge to the Public, at the
ROYAL POLYTECHNIC IN STITUTION.
The Directors have engaged Mr. C. E. HORN, to deliver
A SERIES of LECTURES on the MUSIC of EIGHT different
NATIONS, The MUSIC of SPAIN commences on the 6th
instant, and will be continued during the week, on Monday, Wednes
day, and Friday Evenings, at Eight o'clock ; and on Tuesday, Thurs-
day, and Saturday, at Three o'clock, with VOCAL and INSTRU-
MENTAL ILLUSTRATIONS. All the other Lectures and Exhibi-
tions as usual. LONGBOTTOM'S PHYSIOSCOPE and OPAQUE
MICROSCOPE. NEW DISSOLVING VIEWS, ARMSTRONG'S
HYDRO-ELECTRIC MACHINE, &c., &c.
Admission, Is.; Schools, Half-price.

Those who may desire to attend
MAJOR BELL'S HISTORIOGRAPHICAL
SCIENCE LECTURES, will please to transmit their Names
and Addresses to Mr. RODWELL, Bookseller, 46, Bond-street
(corner of Maddox-street), London.
Terms, 15s. each person, for six- morning lectures, on alternate
days, to commence as soon •as -a class of forty is enrolled. Each
lecture to "occupy about one hour.
Major Bell's Royal Folio Tabular Work, Fifth Edition, may
be had at Mr. Baldwin's, 47, Paternoster-row, price 21. 10s.

SALE BY SHARES,
OF THE FOLLOWING VALUABLE PROPERTIES:—
I. A PRINCELY CHATEAU, with the Grounds and Ap-
purtenances belonging thereto, situate on the banks of
the Lake of Geneva, Switzerland, valued at • . • • • • • • • • • • £32,000
2. A SPLENDID MANSION, and its Dependencies, situated

in the town of Vevay, Switzerland, valued at • • • • • • • • • •
3. A FINE BATH HOTEL, and its Dependencies, with a
very abundant Spring of Mineral Water, situated on the
banks of the Lake of Geneva....................

5,000

3,000

Forming a Total (in 40,000 Shares of £1 each) of.• • • • • £40,000
The Sale will positively take place in the .town of Sion, Canton of
Valais, Switzerland, on the 16th of SEPTEMBER, 1844, whatever may
be the number of Shares sold at that time. The.value of the Shares
sold will be deposited in the hands of Messrs. Rougemont, Brothers,
London, until tin transfer of the property to the new proprietors.
For Shares, Conditions of Sale, Prospectuses, &c., &c., apply, post-
paid, to Mr. Frederick Quin, General Agent for the United Kingdom,
No. 25, Southampton-street, Strand ; or to Mr. Joseph Thomas, No.
1, Finch-lane, Cornhill, London.

IMPERIAL RUSSIAN-POLISH LOAN of
150,000,000 Florins (of 1835), IMPERIAL AUSTRIAN LOAN
of 30,000,000 Florins (of 1839), guaranteed by their Majesties the
Emperor of Austria and the Emperor of Russia.
GRAND DISTRIBUTIONS AT WARSAW AND VIENNA.
In the Russian-Polish Loan the following Dividends will be reim-
bursed:—One of 1,000,0000., one of 300,000f1., two of 150,0000., six of
25,0000., eight of 14,0000., &c., together 7,000 dividends, gaining
7,970,0000. Smallest dividend 7500., largest 1,000,0000.
In the Austrian Loan 700 bonds will obtain 701,7000 , in lots of
230,0000., 50,000f1., 15,00011., 10,0000., &c. Smallest dividend 5000.
10 florins are equal to li. sterling, a trifle more or less, as per day's
exchange. The prices are-
-1 Russian-Polish Scrip for £2 10 .1 Austrian Scrip for £3 0
4 do. do. do. 10 0 6 do. do. 15 0
9 do. do. do. 20 0 13 do. do. 30 0
Payable by bank notes, remittances, or drafts. Dividends re-im-
bursable at Frankfort, Paris, London, or New York, at the option of
the holders. The undersigned general agent, in claiming the attention
of the imperial and foreign public to these most important Loan Dis-
tributions, begs to state that, agreeably to the instructions with which
he has been honoured, ho is now receiving the orders of the public.
To save postages, foreign subscribers may apply to his houses in Paris,
New York, and at Mr. A. Schwarzschild's, 1, Plough-court, Lombard-
street, London, by letter only. Prospectuses, with full particulars,
and Lists of the Distribution, promptly forwarded to every share-
holder abroad.
J. A. SCHWARZSCHILD, Banker and Receiver-General.
Frankfort-on-3faine, April, 1844.

IMPORTANT to FAMILIES FURNISHING.
—A considerable saving can be effected in the purchase of
Furnishing Ironmongery, by visiting the PANKLIBANON IRON
WORKS, 58, Baker-street, Portman-square, where may be in-
spected the most extensive STOCK of IRONMONGERY GOODS in
the Kingdom, consisting of kitchen cooking utensils, German silver
wares, drawing-room stoves, shower and vapour baths, ornamental
iron work, garden implements, bed-chamber furniture, best Sheffield
plate, kitchen ranges, fenders and tire-irons, tea trays, ornamental
wirework, flower stands, table cutlery, &c. Every article being
marked in plain figures, at the lowest possible price, will fully con-
vince purchasers at this establishment of the great advantage result-
ing from Cash payments, as the proprietors warrant every article
of the very best manufacture, at a saving of at least 30 per cent.—
THORPE, FALLOWS, and Co., 58, Baker-street, Portman-square.
—A liberal allowance to merchants and captains.

NATIONAL LOAN FUND LIFE ASSUR-
AXCE SOCIETY,
26, CORNIIILL, LONDON.
Capital £500,000.
Empowered by Act of Parliament.
The many novel and varied advantages bestowed by this Institu-
tion, both in its life assurance and deferred annuity departments, par-
ticularly the power to borrow two-thirds of premiums without ex-
pense or forfeiture—the great reduction of rates on short policies—
the option of selecting benefits and converting policies SO as best to
suit the interest or necessity of the policy-holder during life, as well
as to afford the full benefit to his family at death, and annual division
of profits, have already been so well appreciated by the public, that
the Society's great success and growing prosperity enabled the Di-
rectors, at their General Meeting in May last, to add to each policy
on the profit scale a bonus averaging fifty-five per cent. on the
amount already invested ; and this bonus, aceording to an equitable
scale, may either be paid in cash, or applied in reduction of future
premiums

' Age.
59
56

Entry. 1 Policy
No.

Cash I Prem.
Bonus. 'Reduced

1837' I 39
1838 ll4

X s. d. £ s. d.
58 19 9 819 4
123 0 6 16 9 7

Published this day, demy fivo. Portrait, 12s. cloth,
ASELECTION from the SPEECHES and
WRITINGS of the late LORD ICING. With a short Intro-
ductory Memoir. ±

By EARL FORTESCUE,
London : Longman, Brown, Green, and Longmans

SIR ROBERT ADAIR'S MISSION TO VIENNA.
Just published, Bvo., 18s. cloth,
AN HISTORICAL MEMOIR of a MISSION
to the COURT of VIENNA, in 1806. By the Right lion. Sir
ROBERT ADAIR, G.C.B. With a Selection from his Dispatches,
published by permisSion of the proper authorities.
London : Longman, Brown, Green, and Longmans.

ENGLISH COUNTRY. LIFE. •
Published this day, 3d Edition, medium Pvo., 215.,
THE RURAL LIFE OF ENGLAND. By
WILLIAM • HOWITT. Third Edition, Corrected and Re-
vised, with Illustrations on Wood by Bewick and Williams.
By the same Author, 2 vols. 21s. each,
VISITS TO REMARKABLE PLACES.
London : Longman, Brown, Green, ani Longman.

DR. BURNS' NEW WORE.
Published this day, foolscap Bvo., 55.,
CHRISTIAN FRAGMENTS ; or, Remarks on
the Nature, Precepts, and Comforts of Religion. By JOIIN
BURNS, M.D., F.R.S., Professor of Suriiery in the University of
Glasgow ; Author of " Principles of Christian Philosophy."

By the same Author, sth Edition,
THE PRINCIPLES OF CHRISTIAN PIELOSOPHY. Is.
London : Longman, Brown, Green, and Longman.

NEW WORK ON ORNITHOLOGY.
Just published, in Imperial Quarto, with Four coloured and Three
plain Plates, 10s. 6d. Part I. of
THE GENERA_ 0 F BIRDS.
By GEORGE ROBERT GRAY, Senior Assistant of the
Zoological Department in the British Museum. Illustrated with
about Three Hundred and Fifty Plates. By DAVID WILLIAM
MITCHELL, 8.A., F.L.S., &c.
Ay.' To be completed In (not exceeding) Fifty Monthly Parts,
10s. 6d. each.
• Part 11. on June 1.
London : Longman, Brown, Gro,n an,d Longman.

MR. CHARLES HEATH'S NEW WORK.
Now ready, Part L, imperial Svo. price 2s. Gd.,
BEAUTIES of the OPERA. Beautifully en-
graved, under the superintendence of Mr. CHARLES
_ .

frgm Drawings by the first Artists. The Text profusely
illustrated with Engravings, and embellished with various-coloured
Arabesque Borders, Ornaments, &c. in the style of " Lockhart's
Spanish Ballads."
No. 1, contains Carlotta Grisi as " La Giselle," engraved by Robin-
son, from a Drawing by A. E. Chalon : with a complete Analysis of
the Opera.
David Bogue, 86, Fleet-street ; and all Booksellers.

NEW WORK BY AUTHOR OF " THE BISHOP'S DAUGHTER."
In small Bvo., with Illustrations, 7s. cloth,
SELF-SACRIFICE ; or, the Chancellor's Chap-
lain. By the Author of "The Bishop's Daughter," " Life-
book of a Labourer," &c.
" The writers spirit is devout, his taste cultivated, and his style
polished, sometimes eloquent."—Watehman.
David Bogue, 86, Fleet-street.

In post Svo., handsomely bound in cloth, price 7s. 6d.,
BOTANICAL LOOPER=OUT among the
Wild Flowers of the Fields, Woods, and Mountains of Eng-
land and Wales ; forming a familiar monthly guide to the collecting
Botanist. With notices of many remarkable localities of the rarer
and most interesting English and Welsh Plants.
By EDWIN LEES, F.L.S.
David Bogue, Fleet-street ; and S. D. Davies, Montpelier Library,
Cheltenham.

Just ready, small Bvo., price 4s. 6d.,
lIOMCEOPATHY UNMASKED ; being an
Exposure of the Principal Absurdities and Contradictions,
with an estimate of its Pretended Cures.
By ALEXANDER WOOD, M.D.,
" I found everywhere snares that might entrap, and colours that
might deceive the simple, but nothing that might persuade, and very
little that might move an understanding man, and one that can dis-
cern between discourse and sophistry."--Chillingworth.
D. Bogue, Fleet-street ; and J. Menzies, Edinburgh.

SOCIETY FOR THE EMANCIPA-
TION OF INDUSTRY.
BANK RESTRICTION.
The weekly meeting of the Society for the Emancipation
of Industry was held last night at the offices. The subject
of discussion for the evening was "Bank restriction;" the
introduction of the Bank Charter resolutions of Sir Robert
Peel imparted additional interest to the discussion, the
question being so closely connected with the subject-matter
of the Premier's speech, which was frequently referred to.
Mr. Spottiswoode was called to the chair.
The CHAIRMAN commenced the business of the evening,
by giving a definition of the term restriction, which he said
had not been properly understood, and having given a review
of it, both historical and commercial, proceeded to the ques-
tion of sank restriction, :which he said had become a much,
wider question than when he addressed them last week. It
was now proposed that every bank of issue should be restricted,
in short every effort was to be made to diminish the currency
of the country, and to extend the bad system established by
the Act of 1819. From 1797 to that time the country was
prosperous ; it not only fed itself, and enriched itself, but
defended itself against the opinion of all the civilised world
that was armed against it. A system which enabled them
to do that was, he conceived, not one to be sneered at.—
(Hear, hear.) They were not to be told that the adoption of
that system was false and fraudulent, or was a " fatal mea-
sure," which was the phrase now applied to it. Gentlemen
who used such words as these should look a little at the
results of their own system before they applied them. Sir R.
Peel boasted of being the author of the Currency Bill of 1819 ;
he had always been a supporter of the Right Hon. Baronet, but
had he been an enemy he should have wished him joy of the
adoption of that measure. He could see no cause for congra-
tulation in it, but, on the contrary, most serious consequences
had flowed from it. It was too serious a matter to mix up
any kind of flippancy with. He should therefore drop that
part of the subject, and merely state in a few words what
the feelings of the Society were on the subject. The Society
did not think that a system that had carried the country
through the last war, during which it raised fortunes for
many—among others that of Sir R. Peel himself—ought to
be treated so flippantly, for on the other side, looking at the
system that had been followed since, they did not see that
it had done anything of the kind. Its effect had been de-
cidedly the reverse. 'When Sir Robert Peel boasted of the
present system, and attempted to lay the fault of the panics
among the banks on the system of his great predecessor, Mr.
Pitt, they ought not to let the attempt pass quietly. They
must all see that there was great danger impending over the
country ; it was their interest that the truth should prevail,
and they must not permit themselves to be diverted from
the subject by any flippant jests. It appeared that there were
now to be other bank restrictions; every bank in the country was
to be pinched and cramped, till they should at last be all ab-
sorbed in one bank of issue. He would say nothing of the
conceit that must possess any one man who thought he could
control all the affairs of the country better than the mem-
bers of the community themselves. He would leave that to
their judgment, but he was convinced, as a productive la-
bourer, as a man of business, that it was most repugnant to
his notions, and he should not feel inclined to give way to
any such principle. The Prime Minister declares that his
object is to reduce prices—(Hear, hear)—to contract the cur-
rency, and to cripple the exertions of trade and commerce,
which he is pleased to call speculation. These were his ob-
jects; but the objects of this Society were to increase
prices, and by increasing profits, increase wages.—(Hear,
hear.) In society there was a mixture of all classes,
some productive and some unproductive. Their wealth had
been created by the productive classes, but the unproductive
classes had accumulated capital that they now could get no
interest for, and there was a cry of there being too much
money in the country. Let us contract our money. Cer-
tain great people had doubled their fortunes by the present
system, and, having done so, instead of being able to get four
per cent. for their money, they could barely get one-and-a-
half. They had come to that pass, and therefore found
themselvesjust as bad off, comparatively, as the working
man whose wages were diminished, except that the differ-
ence between them was this, the one was starved, while with
the other it was only a question of diminished income. This
led him to wonder how any man,
who had turned his
thoughts to the subject, did not see what every broker's
clerk in the City could see, that a panic was approaching.
Money was everywhere seeking for employment. There
were more railroad Bills now before Parliament than in any
former session. This was not that these speculations were
sound ones ; in some of them there must be absolute loss, as
there were as many as three lines to one place. It was a
desperate struggle for the employment of capital. The next
thing would be that money would be diverted into all kinds of
trades and operations—gold would depart from the Bank—
the much-desired object of a diminution of the currency
would be obtained, and then would come the panic, and by
as much as the wealth of the country had been increased,
though it was not well distributed, by so much would that
panic be greater and more awful than the last. That with
all this before them they should not try to restrict their cur-
rency was astonishing. The Society, therefore, thought it to
be its duty to spread information on this subject, to show the
community its danger, and to call on it to resist the wrong
courses which he was sorry to see were being pursued by men
in power, and endeavour to direct the intelligence of the
country into a proper channel.
Mr. TAYLOR next addressed the meeting. He said the
subject before them was a somewhat dry one, but they ought
to consider it not merely in an historical point of view, but
as it applied to the present moment. It was a question of
choice between the system established in 1819, and that es-
tablished in 1797, and they had, as the two antagonists on
those systems, Pitt and Peel, men who, on general questions,
were of the same political principles, but ware opposed on
this question. Among the men who admired Pitt, and fol-
lowed him during his life, there was a mixed party—some
condemning and some approving his financial policy. But
those who most admired him—who celebrated his birthday,
and made the most of his memory—were, singular to say,
those who departed the most from him in practice. That dif-
ference showed a split of a most extraordinary kind. They
might go back to the period of 1797, and challenge Sir R.
Peel to prove how the system then introduced could be called
a " fatal measure." Sir Robert was himself of the opinion
of Pitt till he sat on the Bullion Committee ; but since that
time he had presumed to sneer at his master; but he would
him. dr. Ta for then
y
seadctions between the Bank
have saved the country a vast deal of misery, if, instead of
t of that day (1797), which
ofwas
England
n sneeringdetailedgl anatdt
obliged
some
nthnoi
dmb ,
et nhveee r
Gyl
lengthoapvc
therl
ee r
nsi transactions
tg in its demands on the Bank;eaannt
those demands the Bank, careful of the interest of the pro-
prietors, were compelled to refuse. The Bank Restriction
Act was then passed, and the power the Bank acquired, so
far from being abused, that its issues, after that Act was
passed, were more limited than before. Why, then, should
that be called a " fatal measure, which placed the people
under greater restrictions than before? It certainly did not
produce a superabundance of paper money. Before the war
began the proportion of paper money to the tax-
ation of the country was about sixty per cent.
After that event it was reduced at different times
to 56, to 48, and latterly it was not more than 33 per cent.
At the present moment the issue of the Bank of England is
about 20,000,0001., and the taxation of the country is
50,000,000/. ; that gives a proportion of about 40 per cent.—
it had even gone as low as 30 per cent. All this proved that
there had been no abandonment of duty on the part of the
pronounced a sentence that
of 1797, a "fatal measure." He thought a Minister ought
any one, in calling the Act
himself have to reverse. Lord Ashburton once said that the
Btoanbke
confuEtinogulsanhdol,vsonaes
ptorojnuos
L first gun fired in another European war would destroy our
he might

paper credit, and if there should be another war, and Peel
should be Minister, he would be compelled to adopt the Bank
restriction he had censured. That measure he contended
was an expedient one at the time, and he would now
ask whether it might not be called a just and humane mea •
sure? From 1790 to 1797 they could not raise more than
20,0001. of taxes, but by the operation of that Act, the
people were enabled to meet the taxes by charging the
consumers with the amount of them over and above the
natural price of the articles they produced. Even in. the
first year afterwards the taxes were raised from twenty
millions to thirty, yet the burdens were not complained of.
The landed interest certainly had no reason to complain, for
their estates were preserved to them by these exertions.
He now came to a different state of things. This memorable
measure was destroyed in 1819, but the anticipated effects
of that destruction began to be felt much earlier. The Bul-
lion Committee made its report in 1810. The Bank of
England foresaw that it would be compelled to restrict its
issues, and, not knowing when the Act might terminate,
became very rigid, contracted its circulation, and prices
began to fall in 1812, 1813, and 1814. This caused so
considerable a change that some people said on
this account that it was not the return to cash payments
which caused the mischief; but these changes were
produced by the anticipation of the restrictive system. Prices
continued to decline still more after it, and in the seven years
after 1819 the agricultural interest began to feel it, and the
farmers not getting more than 43a. 4d. a quarter for their
corn, the landlords began to think that they had gone too
far in destroying the paper currency of the country, which
gave the farmer his prices and the landlord his rent. They
therefore pursued a course which left all the rest of the com-
munity to suffer from the pressure, while it exempted the
farmers. They passed the cone-laws, which were intended
to secure the farmer 50 per cent. for his corn above the natu-
ral gold and silver price of it, on the ground that he could
not, in consequence of the amount of the taxation of this
country, compete with the foreign corn grower. The manu-
facturer could not contend with low prices, and on this ground
the attain% to interfere with tha hours of labour in factories
wattresisted—it would compel the master to reduce wages,
and thus place the labourer in as bad a situation as he was in
before. He had no objection to a Restriction Act, compelling
the Bank to take up its notes with gold; but then it should
be with gold at the market price. He concluded by stating,
that the Act of 1797 was an expedient measure and a hu-
mane one. The country could not flourish if it disregarded
the common principle of doing unto others as we would be
done unto, especially to those who were not adequately re-
presented ,in Parliament when the change was made that so
much affected them. When the poor man was forced to pay
the taxes he had no share in imposing, but which the mea-
sure of 1819 threw upon him; it became a serious question
whether that principle should not be carried out which would
give him a larger share in the representation.
Mr. SPARKHALL put several questions to Mr. Taylor as to
the issues of the Bank, particularly as to whether he would
not wish the Bank to restrict its issues at any time or under
any circumstances ?
Mr. TAYLOR said the Bank issued its notes for Exchequer
bills, on which the Government paid discount. With that
paper money the Government paid the interest of the na-
tional debt, and also defrayed the charges of the current year,
and these sums amounted to about 50,000,000/. The deposits
in the Bank were employed in the business of discounting
private bills, but this formed but a small part of the business
of the Bank. _ _ _

Mr. SPARK-HALL thought that by an exclusion of foreign
manufactures, keeping up a fixed price for corn, and giving
employment to the labourers, by cultivating the 15 millions
of waste land at present idle, the people would be enabled to
pay the taxes without any alteration in the currency.
Mr. RICKARDS said that some instrument of exchange
besides gold was necessary ; the nations that had confined
themselves to gold had remained in statu quo, and not made
such progress as others that had adopted some other repre-
sentative of value. All the gold in this kingdom would not
be enough of itself to pay one fortnight's wages of labour.
All we possessed was barely sufficient to represent the labour
of the country withoilt its taxation.
Mr. J4IIOLLAND, on the contrary, contended that France
raised within a million of as heavy an amount of taxation as
this country, and it only had six banks of issue, three in
Paris, and three in the provinces. Napoleon carried on his
wars without a paper currency. He thought it immaterial
what quantity of gold was in the country provided it was
left free to find its relative value, and provided that a small
quantity of it answered the purpose of a great deal.
Mr. CAPPS said at that rate the condition of the labourer
ought to improve as prices rose, but was that the fact ?
Mr. O'BRIEN having stated what he considered to be the
objects of the Society, said he had no objection to the cur-
rency being depreciated, provided it was not done ad libitum,-
or indefinitely. He was for a depreciation to a certain ex-
tent ; the question was to what extent. Tie thought the Act
of 1819 had operated with great injustice to the debtors of
the country, by compelling them to pay in one currency debts
contracted in another of less value. The bulk of the national
debt was contracted between 1793 and 1815 ; by the opera-
tion of the Act the people were compelled to pay the public
creditor 33 or 34 bushels of wheat for every 15 bushels the
Government borrowed. This was most unjust, and this
he contended against. He illustrated his argument with
great clearness and ability.
The CHAIRMAN said the objects of the Society were much
in accordance with the views just expressed ; but they did
not want a depreciated currency ; that they had already.
They did not want a depreciated currency, they only wanted
the honest use of it.—(Hear, hear.) If the Government
added fifty millions of taxations to the natural cost of pro-
duction, their currency must be depreciated. They might
have Acts of 1819, and resolutions of 1844, but it remained
the same. The reason of the panic that took place among
the banks was, that the law compelled them to pay double
the amount that they had promised to do.
Mr. RicuAnbsoN said there was another element which
acted on the currency that must be taken into their consi-
deration—the exchanges, and instanced the operations of the
" clearing-house," by which large sums were transferred
without any money at all.
M. T. Arrwoob then addressed the meeting at great
length. H said ho had had the misery the night before of
hearing the speech of Sir R. Peel ; he had read that speech
since, and he came there to say that he altogether despaired
of any good being done for the nation; the doom of the
country was sealed. Hearing the cheers that greeted that
speech from all parties, though it abounded with such wrong-
headed sentiments, he thought it was no use striving
any more. He altogether despaired now of any good being
done. As Lord Spencer once told him, " To the devil we
must all go." Nothing could rescue this blasted, blighted,
and doomed nation from the fate that was approaching it.
There were groans in their ears, but they heard them not—ruin
was before them, but they saw it not—and would not see it
till it broke upon them. He looked upon the country as a
whitened sepulchre, all loneliness without, and all rottenness
within. He gave it up. He had tried to save it for thirty
years, but now he might as well attempt to swallow the
Thames.—(Laughter.) If the Chairman was a great Duke,
and the gentlemen present all Barons, thea something might
be done—then there might be some chance. But the coun-
try was in such an unhappy state of morals, that he be-
lieved what was once said by Lord Western was correct,
" Bad as the Ministry are, the people are a d—d deal
worse."—(Great laughter.) With respect to the question
before them, he denied that he wanted an irresponsible cur-
rency, but he deprecated laying down any fixed plan, before
they had got rid of the great evil—the Bill of 1819. They
had got into a mess, and must do their best to get out of it,
as they used to do when he was in the volunteers. When
they were in all sorts of confusion and botheration, the adju-
tant could only get them out of it by calling out, " As you
were." So he said with respect to this subject. Let them
crush the Bill of 1819, and get as they were before. He did
not mean that the Bank Restriction Act was a perfect mea-
sure, but it was good pro tanto ; the country flourished under
it, and they should endeavour to get back to a similar
condition.
The CHAIRMAN then announced that the subject of next
week's discussion would be the " Bank Charter Resolutions,
and Sir R. Peel," and the meeting separated.

HER MAJESTY'S INT ENDED MA
RINE VILLA.
The general impression now is that Norris Castle, East
Cowes, will again become the Royal residence, as Osborne
House would not accommodate one-half of the Royal suite ;
and, therefore, the idea of making it a permanent residence
for the Queen is all but abandoned. Norris Castle, the seat
of Robert Bell, Esq., is Windsor Castle in miniature. Its
erection cost 180,000/., and its furniture upwards of 70,0001.
The Castle stands on the middle of a beautifully intersected
woodland, commanding an uninterrupted view of the sea,
which breaks its waves against the surrounding walls. Its
approaches and site are most picturesque. Sir E. Engle-
field thus describes the position of Norris Castle :—" Seated
on the steep descent of the coast to the Solent sea, it com-
mands a view of that strait superior in beauty to any other
point in the island. To the cast Portsmouth crowded with
shipping is in full view, and the richest line of the woody
coast of the island, from Barton to Nettlestone, appears in
long and varied perspective. To the north the Southampton
river is seen in its whole extent, and the town of Southamp-
ton, with its spires and tower, though at more than ten
miles distance, is no inconsiderable object. The woods of
khseirtw)a
arionueathh resider he
3acaje.esty well adap t e d
the New Forest clothe the view to the west, while Calshot
Castle, on its point of long bank of shingle, stands boldly out
amidst the waves, and marks the separation between the
Solent sea and the Southampton river. The house is of a
very general form, and its clustering towers, in every point
of view, particularly when seen from the sea, are striking
and commanding, and a most splendid addition to the scenery
of the coast. The choice both of the site and form of the
mansion reflects the highest honour on the taste of the noble
owner." It was originally built by Lord Henry Seymour,
from the designs of Mr. Wyatt, after the ancient Norman
style, and is so extensive that seventy beds can be fitted up
in it, while the out-offices and servants' apartments cover
nearly two acres. The grounds and woods are most beauti-
fully laid out and intersected, and upon every side the most
enchanting views of the sea and the surrounding scenery pre-
sent themselves. But the great advantage which Norris
Castle presents is, that at all times the Royal yacht can
anchor under its windows. When George the Fourth pro-
ceeded on a marine excursion, in 1819, he visited Norris
Castle, and was on that occasion most magnificently enter-
tained by Lord Henry Seymour; and in 1831 Norris. Castle)
was the residence of the queen (then Princess Victtoriaisite:l
her Royal mother. When her Majesty subsetqtnuen 1
her attend-
the Castle last year she -repeatedly pointedroi_
ants the aanpadrtpmrneinntesnaanddedwiar!
who
oprietor for
IL Saunders, Esq., and the other gentle
l have expressed
inspecting the ast e,
by Royal command, .faorremneorwl y,
themselves much pleased with
for Royalty, and are new
but none • h'l
Er-
been mentioned as the purchase money, , with
Tke amount asked, however,varies between 60,000/.
tainty. w ith mtheen
and 80,000/. It is also recommended that Osborne house,
which is adjoining Norris Castle, but which, as has been
treaty
its purchase and that of the furniture. Various sums hay
already stated, and is on all hands admitted to be wholly un-
fitted for a Royal mansion, should be also purchased, and
added to Norris Castle. Although the purchase for Norris
Castle appears considerable, yet Mr. Saunders, Mr. Anson,
and the other inspectors, give it as their opinion that ulti-
mately it would be much cheaper to purchase Norris Castle,
or any other mansion fully suited for the reception of the
Royal Family than to take a smaller building, the enlarge-

ment and beautifying of which would require time, and a
large.gutlay of money, before the Royal Family could reside
in it; '

PARLIAMENTARY DIVISIONS.

From the Votes and Proceedings of the House of COMnOns.)
TUESDAY, MAY 7.
LEEDS AND BRADFORD RAILWAY BILL.

Report
considered ; Motion made, "'and Question proposed,
" That the Amendments made by the Committee .to the
Bill be now read a second time :"—Amendment proposed; to
leave out from the words " That the" to the end of the Ques-
tion, in order to add the words " Report be taken'into fur-
ther consideration upon this day six months," instead thereof :
—Question put, " That the words proposed to be left out
stand part of the Question :" The House divided I--

_
MAJORITY—AYES, 124.
Aglionby, H. A. Elphinstone, Howard Parker, J.'
A.lnsworth,Peter Estcourt, T. G. B. PhiliPs. (A it
Arkwright, George Evans, William Philips, M
Astell, William Fellowes, Edward Phillpotts, M.
F.
Bailey, Joseph Ferrand, W. B. Pollington, Viscount
'Baillie, H. J. Flower, Sir James Protherge, Edward
Baird, William Forman, T. S. Rashlelgiz, Wm.
Barclay, David Forster, Matthew Rice, E.`it.
Baling, Henry Fox, S. Lane Round, John
Baring, F. T. Fuller, A. E. Scholefield, J.
Barnard, E. G. Gardner, J. D. Shaw, F.
Baskerville, T. B. M Gladstone, W. E. Sheppard, T.
Beckett, William Goulburn, Henry Somerset, Lord G.
Bellew, R. M. Greene, T. Stanley, W. O.-
Berkeley, Captain Grey, Sir G. Stansfield, W. R. -
Bowring, Dr. Grimsditch, Thomas Staunton, Sir G. T.
Browne, Hon. W. Hamilton, J. Hans Stuart, Lord J.
Buckley, Edmun.t Hervey, Lord A. Strickland, Sir G.
Buller, C. Hinde, J. H. Strutt, Edward
Buller, E. Hodgson, Richard Thompson, Ald.
Buller, Sir J. Y. Howard, P. H. Thornhill,
Busfeild, W. Howick, Viscount Tollemache, F. J.
Carnegie, Captain Humphery, J. Trelawny, J. S.
Chapman' 78. Hutt, W. Trench, Sir F. W.
Christepller, R. A. Johnstone, Sir J. Trollope, Sir John
Chute, W. L. Labouchere, H. Tyrell, Sir J T.
Clive, E. B. - Langton, W. Gore Vane, Lord Harry
Compton, H. Law, Hon. C. E. Vivian, J. H. -
Copeland, Alderman Lawson, Andrew Walker, R.
Crawford, W. S. Lemon, Sir C. Wawn,J. T.
Cripps, William Lowther, Hon. Col. Wilshere, W.
Darby, George Macaulay, T. B. "Winnington, Sir T.
Denison,E. Beckett M`Geachy, F. A. Wortley, Jas.
Dickinson, F. H. Marsham, Viscount Wortley, Hon. JohnS
Divett, Edward Masterman, John Wyndham Colonel
Douglas; Sir H. Miles,; William Wynn. C. W.
Douglas, Sir C. Milnes, Richard Yorke, E. T.
Drummond, H. H. Mitcalfe, Henry Yorke, R. H.
Duncan, Lord Morris, David
Duncan, George Muntz, G. F.
Duncombe,. A. Murray, A.
Easthepe, Sir John Norreys, Sir D.
Ellice, E. Ord, W

TELLERS.
Colebrook; Sir T.
Wood, Charles

MINORITY-NOES, 58.

Aldam, William D'lsraeli, Benjamin Manners, Lord J.
Alexander, N. Duncombe, T. S. Marton, O.
Bagget Win. Dundas, Admiral Neville, Ralph
Baldwin, Barry Dundas, Hon. J. C. Northland, Lord
Bankes, George Fielden, W. O'Connell, M.
Bernard, Viscount Fielden, John Pattison, James
Borthwick, Peter Fitzmaurice, W. Plumridge, Captain
Boyd, John Fitzwilliam, G. W. Polhill, Frederick
Brotherton, J. Forbes, W. Ricardo, J. L.
Browne, It. D. Forester, Hon. G. Ross, D. R.
Butler, Colonel Gore, Robert Smith, Abel
Butler, P. S. Hay, Sir A. L. Smythe, Hon. G.
Campbell, John H. Heron, Sir R. Tennent, J. E.
Cochrane, Alex. Houldsworth, T. rhornely, Thomas
Codrington, Sir W. Hughes W. B. Wall, B,
Colborne V '
W. Ridley Hussey, Thomas Williams, W.
Collett,John Johnstone, Hope
Colquhoun, J. C. Jolliffe, Sir W. TELLERS.
Dawson, T. V. Layard, Captain Mackinnon, W. A.
Dennistoun, J. Lockhart, William Lascelles, V. S.
Dick,
_Quintin Macnamara, W.

Question again proposed, " That the Amendments made by
the Committee to the Bill be now read a second time:"—
Debate arising ; Motion made, and Question put, " That the
Debate be now adjourned :" The House divided :

MINORITY—AYES, 72.
Aldam, William Fielden, J. Marjoribanks, S.
Baldwin, C. B. Fitzroy, Lord C. Marton, George
Bankes, George Forbee,William Norreys, Sir D. J.
Bellew, R. M. French, F. O'Connell, Maurice
Bernard, Viscount Gardner, J. D. Paget, F.
Boyd, John Gisbome Thomas Pattison, James
Brotherton, Joseph Gore, Robert Philips, G. It.
Butler, P. S. Guest, J. Philips, M.
Campbell, J. H. Herbert, Hon. S. Plumridge, Captain
Clive, E. B. Heron, Sir R. Polhill, Frederick
Cochrane, A. Hill, Lord Marcus Roebuck, J. A.
Codrington, Sir W. Houldsworth, T. Round, John
Colborne, N. R. W. Howard, P. H. Smythe, Hon. G.
Collett, John Hughes, W. B. Strickland Sir G.
Colquhoun John C. Hussey, T 'Thomas Tancred, li. NV
Connolly, Colonel Jolliffe, Sir W. Taylor, Edward
Craig, W. Gibson Lascelles, W. S. Thornely, Thomas
Crawford, W. S. Layard, Captain Vesey, Hen. Thomas
Denison, W. J. Lemon, Sir C. Villiers, Charles a'
Dennistoun, J. Lockhart, William Vivian, Captain "
Dickinson, F. H. Macaulay, T. B. Wall, Charles B. •
Douglas, Sir C. E. Mackinnon, W. A. Wortley, J. •.
Dundas, Admira. Macnamara, W. TELLS RS.
ElphinstoneZHowaXd Main waring T. Duncombe, T. S.
. eilden, W. Manners, Lord J. Hay, Sir A.

MAJORITY-NOES, 110.

LORD ELLENBOROUGH.

Motion made, and Question put, " That there be laid before
this House, Copies of all Correspondence between the Court of
Directors of the East India Company and her Majesty's Go-
vernment, respecting the recal of Lord Ellenborough, the
Governor-General of India :" The House divided

MINORITY—AYES, 21.
Agli =by H. A. Dundas, Admiral Plumridge, Captain
Brotherton. J. Easthope, Sir John Roebuck, J. A.
Browne W. Elphinstone, H. Seale, Sir J. Henry
t live, E. B. Marjoribanks, S. Strickland, Sir G.
Colebrooke, Sir T. O'Connell, M. Thornely, Thomas.
Crawford, W S. Oswald, James TELLERS.
Dalrymple, Captain Pondarves, E. W Hume, J.
Denison, W. J. Philips, Mark Collett, John