The Sun.
London, England, 1826-02-20 00:00:00

OLD BAILEY.

on Saturday acorge William 'ferriage, clerka
?tom,
was indicted for forging !Pet "f7l:
gii:jo'int,:ll:o,l,:.,,kai.::::tAltliblivbn'tliet,rnitsotnoesclrewfraasiidachgitsgiettmedp.loyieri ,
p:ahteleetiv igdutii; et
guilty
ittiirtl ptuving that be had uttered the receipt in the city ot•
c
last Sessions to elinres of embezzlement.

-Ka James Mg. aura anti Eti4abeth Meek alias Garner
were capitally intlicteit for forging a bond of administration,
with intent to defraud the tiuvernor and Company of the Hank
Englanct, tk t Bishop of London, or persons unknown, of
two sums invested in different stoch, amounting to 3091. An

Mr. Freshfielth.-I had no authority. I acted upbn my (tam
authority.
Mr. Bnonnt)ci—liad you no search.warrant, or any autho •
rity from a Migiiirate ?
nr. Freshilehl—No, I had not
Baottnacitt..-And did yon you prefer any charge against
It's:tend before a Magistrate fur this felony
Mr. Freshfleld 41(4,1 did nal,
Bnonarett:—You took his papers without a warrant--.:
dliebvered by them tßat ioe had committed felony in your opi;
ni vt, and then Branded an indictment against him, without
taking Wm' tiefOre a ni, giatrate or giving hint any opportunity
to refute the charges,?
Mr. for.l,aeo wos here making atom° observations, that thi4
had been all ansteereff beNre—When
Mr. 13ROIrit oblarOed, that he had all along borne the
harassing tthd irregular interruptions of the &mad for the pro:
secution with good temper; but if they persisted to annoy hint
with " Ohs" and " Ahs V' at every question which he put fat
fhe purpose of saving the prianner's tits, he could no longer re::
press his indignation, at such improper conduct.
Elizabeth Garner then put in a paper, declaring her inno.
cence orthe charge.
Rigalid, in his defence, said that he had been employed
by W. Gorman Issett, in this transactioh, to receive the
money. (Issett bad been arraigned along with the prisoners,
and stood in the dock, bot was not tried with them.) It
said that Mr. Preshfield had kept his papers from him, and
refused to deliver them up. Mr. Halls, at Bow-street, had
declared that the warrant which Mr. Preshdeld had himself
filed, and on which he arrested the female, was illegal. The
conduct of, the Bank Solicitor towards him was moat vindictive.
—Withont a shilling to defend himself, he Dad to contend
with the powerful, rich, and, influential hotly the Bank, front
whom no man oser received mercy: as A proof of which hi
had only to remind the Jury of the hundreds of victims Ishii
had been sacrificed at that bat to the interests of that corpora.:
tion. He delared before God his entire Innocence of having
ever uttered a forged document with the intent to defraud : he
had merely acted as agent in these transactions, to persons
claiming dividends, believing them to be genuine, because his
income es a half-pay officer, being only Bnl. a year, was inade.
quate to his support.
The Jury returned a verdict of
Thomas Chihnaht, a lad about 11. years of age, was indicted,
fir stealing a considerable number of books, of the value or
Upwards of 7001., the property of Mr. Moore, a barrister.
Mr. CAIIIIINOTON conducted the case for the prosecution.
and stated the facts to the Jitry.
The only evidence in addition to that wl}ich bah already
peered before the public was that of Mr. Wm. Parker, a pork-
butcher, residing at the corner ef Fetter-lane, who deposed that
he had purchased paper frprn the boy Sullivan three or four
times. He gave 4d. ri pound for it, which he considered u fair
price.

The ReconriEn Did yoki not examine the paper ?
AVitness.—No. It looked like common wrote paper.
Itzconnta..Did you ask Sullivan where he ►►ot it ?
AVitness —Yes ; he said he brought it from his brother, in
Iteil.yard, near Temple liar.
Ittmonrita—Thai being so near yintr your own house.. did
you not send there to make any inquiry as to the truth of hie
statement ?

Witness— No, I did not. Waste-paper is generally told h:?
bori.
REconpEn—l hope, at all events, you will be more ca.,-
tious in future in buying ornate-paper from boys of such a
tender age,
iVimeatt-1 certainly shall, Sir.
Evidence WA, then given as to the immense quantittorpaper
round by the offteers on the premises of Messrs. 7.l`orkington.
The REconritn summed up, and the Jury, without hesi..
tation, found the prisoner guilty,. but recommended him w
mercy ; and at the same time strongly censured the conduct of
the receivers, wha, they trusted, would not go unpunished.
The REconntu said tiwie recommendation would certainly
be attended to. The prisoner would receive such a sentence
would satisfy the ends of justice, and, at the same time, rescue
him, perhaps, from ruin. As to.the receivers; he understood
they would be indicted, and, in the event of their conviction,
he bad no doubt their conduct would he visited with the pu.
nishmetit it merited.

Mr Citittlwevrow then applied Fora certificate of the pri-
soneria conviction, to enable him to prefer a hill against the
receivers before the Middlesex Grand Jury, which the Court
immediately ;ranted ; and at the time time ordered the bOyS.
Wilton and Ilidll4an, to be detained to give evidence against
them.

SERMON TO TILE tiONDEMNED.—;Yesterday a.
Sermon was preached in the Chapel of Newgate by the Rev.
Mr. Covrow, Ordinary, of the prison, in consequence of the
approaching execution of R. Coticerill and J. Jones, the two
unfortunate Young men wfio are ordered to undergo the severe
penalty of the law tomorrow Morning.—The culprits having
been visited by their spiritual advisers, came into the chapel
at the usual hour, attended by Mr. Baker, Ite. who took his
station near them, during the Solemn service. A great number
of prisoners, many of whom await their trial, were present, anti
those who were reported to the King, with their less fortunate
companions, were placed in a particular part of the chapel.--
After the morning hymn had been sung, the. everend Ordinary
read the ritual of the Established Church, and the psalms and
lessons of the day. This part of the service being conclude 4
Mr. Cotton delivered an excellent discourse from the lilac yew;
of the 111th chap. of the book of Job, " Have pity upon me. 0
ye my hinds, for the hand of the Lord bath touched
After a *Bitable exordium, the clergyman ,made some appro..
prints observations, fooniled on the words of the text, and en-
tteavourecl to chew what was implied by the band of the Lord
tnuching the impenitent and the transgressor ; it was exemPli-
Bed by the melancholy experience of the ilobsppy objeot 4014)_%6
e ti..rne.mritised
him, especially sad generally by.ell those lOW wle..ultectri
and punished in this world flit their transgresskol• 1/.'_"!lti the
service, the ptisoner ;loots appeared to listen ,aim Proutul.t2t
tendon, and his conduct was &veld and becoloty ois awful
Not so with his ttntnrtotrxate fellowliunFrer, for he
wit a petted or toothpick with which he
tins iritaltrinamitefie:fsnteebtly. rt of
scratched the table. It appears that tilt unhappy 70uhg mart
is disciple. of paincs, with whose principlev his mind it
ticepiy

From the LONDON GAZETTE, Feb. 18.

At the Court at Carlton House, the 15th of February, ]826 ;
present, the King's Most Reccellent Majesty in Council.

His Majesty in Council was this clay pleased to appoint
Thomas Westley Oldham, of Leicester Frith House, Esq., to
be Sherif/of the County of lAicester.

Carlton House, Fr& 15.
This day Baron,de Cetto, Envoy Extraordinary and Minister
Plenipotentiary from the King of Bavaria, had his first private
audience of His Majesty, to deliver his credentials.

Foreign Office, Feb, 18.
It has been notified by the Brazilian Minister for Foreign
Afteirs to his Majesty's Charge d'Afiliires at Rio de Janeiro,
by a communication dated the 7th tf December last, that the
Emperor of Brazil Itad ordered to be instituted a strict block
atle of the ports of the River Plate, belonging to the Govern-
ment of Buenos Ayres.
The King has been pleased to appOint William Taylor
Money, Esq. to be His Alajesty's Consul at Veniu and in the
A ustrian Territories on the Adriatic Sea.

INSOLVENTS.
G. Johnson, King Stanley, Gloucestershire, wool-broker.
S.. Arscott, !luckiestleigh, Devonshire, carrier.
1. Carter, Oyfortl, St. -Alarylebone, furrier.
BANKRUPTCY LARGED.
J. Searle and S. B. Searle,
.Saffron Walden, Essex, bankers,
from Feb. 11 to March 7, at eleven, at the Court'of Commis-
lioners, London.
BANKRUPTCIES SUPERSEDED.

J. J. Garnett and T. Garnett, Nantwich, cheese factors. •
J. Gibbing and R. Eaton, Swansea, Glamorganshire,
'bankers.
(J. Haynes, sen., G. Haynes, jun., and. W. W. Ilaynes,
Neath. Glamorganshire, banker 4.
E. 'Williams, Southampton, *hoe seller.
J. Purser, Bowyer lane, Camberwell, Surrey, tlysr.
BANKRUPTS.
_ _

J. 0. Whitehall, Nottingham, ;Amber, to surrender March
3, and Aped 1, at eleven, at the Punch Bowl Inn, Notting.
Imm. Attornies, Messrs. Holm, Frampon, and Loftus, New
Inn, London ; and Mr. SiVaim, Nottingham.
T. Gale, It;,; ?ford, Wiltshire, clothier, March 13. 14, and
April 1, at one, at the Castle and Ball Inn, Bath. Attornies,
Messrs. Stone and Holleman, Tetbury, Gloucestershire; and
Aimee. Dax, Son, and Meredith, Gray's Inn, London.
J. Berry, Hams-place, Middlesex, wine merchant, Feb. 25,
March 4, and April 1, at eleven, nt the Court of Commis-
sioners. Attormes, Messrs. C. Pearson and Frogatt, John.
street, Adelphi.
S. Hart, Bradford, Wiltshire, clothier, March, 13, 14, and
April 1, at eleven, at the Castle and Ball Inn, Bath. Actor.
mes, Mr. W. Stone, Bradford ; and Messrs. Dax, Son, and
Meredith, Gray's Inn.
M. Watd, Warren street, Middlesex, coach builder, Feb.
21, at ten, March 4, at ten, and April 1, at nine, at the Court
of Commissioners. Attorney, Mr. Ilawtion, Gray's-inn-square,
London.
I. Hart, Norwich, grocer, March 2,3, and April 1, at four,
at the Bowling Green Inn, Mancroft, Norwich. Attornies,
Ale. Hobert Browne, Welbeck-street, Cavendish-square, Lon.
don ; and Mr. Davency, Norwich.
A. Sharp, S. Sharp, and J. Sharp, Birkenehaw Bottoms,
:Leeds, cotton spinners, ,March 3,4, and April 1, at two, at
the King's Arms Inn, Manchester. Attornies, Messrs. Hurd
and Johnson, King's Bench Walk, Inner Temple, London ;
and Mr. Lawler, Alanchester.
" J. Taylor, Gotnersal, Yorkshire, merchant, March 14, at
the Sessions House, Leeds, March 15, et the Black Bull Inn,
`Gomm', and April 1, at the Sessions House, Leeds, at
eleven. Attornies, Messrs. Evans and Shearman, Hatton.
garden,London ; and Mr. Carr, Gomersal. ,
W. Cross, Birmingham, dealer in hides, Feb. 24, 25, and
.April 1, at eleven, at the Stark Tavern, Birmingham. At-
torneys, Measrs. Edmunds Exchequer Office, Lincoln's Inn,
London : anti Mr. Mole, Birmingham.
J. H. Tettlon and Brlehta, Finch-lane, Cornhili mer.
2
chants. Feb, 21, March , and April 1, at ten, at the Court of
Commissioners. Attorney, Sir. ',am, Lawrence Pountucy.
place, London.
T. Woad, New Church-court, Strand, printer, Feb. 21,
211, and April 1, :at twelve, at the Court of Commissioners.--
Attornies, 11Iessrs. Hurd and Johnson, King's Bench Walks,
Temple.
J. Pearso and J. Perry, Notingham, lace.manufecturers,
Match 1,3, and April 1, at eleven, at the Flying horse Inn,
'Nottinghm.-Attornies, Mr. Fearnhead, Nottingham ; and
Messrs. Hurd and Ohll4oll, Temple, London.
W. Hepper and Hepper, letds, cloth manufacturers,
March 2,3, and April 1, at eleven, at the Court House, Leeds.
Attornies, Mr. Makinson, Middle Temple, London ; and Mr.
T. Foden, Leeds.
R. Pearson, Rotherham, Yorkshire, grocer, March 1,2, and
April 1, at one, at the Cutlers' Hall. Sheffield. Attornies, Mr.
R. Rodgers, Sheffield ; and Mr. T. Rodgers, Rucklersbury,
London.

T. Frost anti K. Frost, Sheffield, Yorkshire, tailnrs, Feb. 211,
March 1, and April 1, at eleven, at the Cutler's Hall, Sheffield.
Attornies, Mr. R. Rodgers, Sheffield ; and Mr. 'l'. Rodgers,
Bucklersbury, London.
J. Wells, Kenningliall, Norfolk, general Shopkeeper, March
9, 10, and 'April 1, at four, at the White Swan Inn, Long
Sttatton. Norfolk. Attornies, Mr. Calvet, Lung Stratton ;
end Mr. Nettlefoid, Clement's Inn, London.
J. Barlow, Heaton Norris, Lancashire, currier, March 2. 6,
and April 1, at ten, at White's lintel, Manchester. Attornies,
111 r. (Median), Stockport; and Mr. John, Palsgrave.place,
Tent pie-bur.
J. Wharton, Manchester, factor, march 3,4, and April 1, at
one. at White's .hotel, Manchester. Attornies, Messrs. Mor-
ris and Goolden, Manchester; and Messrs. Acliington and Co.
Bedford-row, London.
W. Sage, jun. Bristol; grocer, March 2,3, and April, 1, at
twelve, at the Bush Tavern, Bristol. Attornies, Messrs. Buyn-
tort anti Thomas, Bristol ; and Messrs. Dee and Co. Gray's
Inn, London.
R. Martian, 'rooley.stree.t, Southwark, baker; Feb. 21, March
4, at twelve, and April 1, nt one, at the Court of Commis-
otonera. Attorney, Mr. Chutcr, ‘Vater.lane, Illackfriars.
J. Went, Graceehureli-street, cheesetnonger, Feb. 25, March
.4, and April 1, at one, et the Court of Commissioners. Actor.
ney, 51r. Ronalde, Arms.yard, Coleman-street.
T. G. Illofeld, Middle-row, Holborn, perfumer, Feb. 25, at
,eleven, 20, and April 1, at ten, at the Court of Commissioners.
Attorney, Mr. Frazer, Syniondia Inn, Chancery-lane.
J. 14. Lowe, Yorlt.-place, Camberwell, New-road, stoek-
broker, Feb. 25, at rune, March, 11, and April 1, at ten, at
the Court of Conitnissionere. Attorney, Mr. Score, Token
House-yard.
J, Gibbs, Wardour-street, linen-daper, Feb. 20, March 4,
and April 1, at* twelve, at the Court of Gorundesionera. At.
torney, Mr. Gates, Cateaton.street.
A. L`Ange, Sherbone.lane, merchant, Feb. 211, at twelve,
March 4, at eleven, and Aprill 1, at twelve, at the Court of
flommitisioners. Attornies, Messrs. Bignold,Fulley, and 411ftwev
New Bridge-street Illeckfriars.
J. Scott and IL'Bragg, SValbrook, commission merchants,
Feb. 21, March 7, and April 1, at eleven at the Court of Corn.
missioner.. Attorney, Mr. Richardson, Walbrook,
R. Slack, 1110 Holborn, woollen-draper, Feb. 21, 22, at
eleven, and April 1 at ten, at the Court of Coniniissioners.
Attornies, Messrs. kearscy and Spurr, Lotlibury.
J. Drown, Loughborough, Leicestershire, lace wianufecturer,
Aeh. 26, at ten, 25, and April I, at eleven, at the Court of
Commissioners. Attorney, Air. ltushbury, Carthusian-street,
°barter llouse.square, !minion.
J. Martin and D. M. Jolla, York-street, Southwark, mus.
torti manufacturers, Feb. 25, at eleven March 4. and April 1,
at twelvet at the Court of Commissioners. Attornies, Alr.Faw-
eett, Jewm.etreet, Aldersgete-street.
J. Bassett, Circus.ittreet, New-road, St. Matiebone, glass-
man, Feb. 25, at ten, March 5, and April 1, at eleven at the
Court of Commissioners. Attorney, Mr. l'rice, St. John's-
sip 4re, Clerkenwell.
J. Kelly anti Bonit'ace, Brightlielinstone, Sussex, builders,
March 8, 10, and April 1, at eleven, at the New Inn Brigh.
thelmstone. Attornies, Messrs. 'Brooker, and &Watch,
Ilrighthelnistone ; and Messrs. Hohne, Frampton, and Loftus,
New Inn.
J. Rigby. J. Mariner, and T. Wright, Liverpool, hide mer.
chants, Starch 2,3, and April 1, at one, at the George inn,
LiVerpool. Attornies, Mr. Brooke, Liverpool; and Messrs.
Slade and Jones, John-street, Bedford-row, London.
G. F. Baker, Macclesfield, Cheshire, silk manufacturer,
March 7, at three, 0, amt April 1, at 104 at the Alticelestield
Arras hotel, Macclesfield. Attorniee,liesers. Bell anti Brod-
rick, Bow Chu:Th.lllrd, London ; and Messrs. caitmelitch and
Hopes, Macclesfield.
M. Boyd,lninn Tavern
Inn, Worcester, victualler, March
1,2, and April I, at eleven, at the Pack Horse Inn, Worces-
ter. A. t t orn tett, Mr. White, Old.square, Lincoln's Inn, Lon..
don ; and Messri. Holdsworth, Son, arid Finch, Worcester.
W. Archer, Maidstone, Kent, corn-merchant, Feb. 21,
March 4, at ten, and April 1, at nine at the Court of Corn-
4atiselonere, London. Attornies, Mr. Wilde', Lincoln's inn-
field.* )4011t14113 and Messrs. Scudamore and Wildes, Maid.
stone.
G. Hopkine, °malty Mill, Arrow, Warwickshire, miller,
Feb. 2s, at twelve, March 4, and April 1, at twelve, at the
-Geurt of COIIIIIIi4IIOIICTS, London. , A ttorn les, Messrs. Dat and

Algar,-Bedford-row, London ; and Messrs. Bellamy and Ban-
nister, Shipton-on.Stour.
M. A. Joseph, Mansel-street, Goodman's-fields, coat mer-
chant, Feb. 21i, at ten, March 7, and Apill 1, at eleven, at the
Court of Commissioners. Attorney, Mr. Luisa, Bury-street,
St. Mary-axe.
R. Horne, shoe manufacturer, Feb. 25, Marcia
3, and April 1, at twelve, at the Court of Commissioners. At-
torney, Mr. Clarke, Bishops;.Tate Church-yard.
0. Stanley, Upper , Oround-street, ironmonger, Feb. 25, at
nine, March 4, at eleven, and April I,* at ten, at the Court of
Commissioners. Attornies, 31essra. Jessopp and Jordan,
Thaviee-Inn.
B. Ming, Oxford-street, tallow-chandler, Feb. 20, March
11, at nine, and April 1, at ten, at the Court of Commission-
ers. Attorney, Mr. Lorane, Vtrorship-square, Finsbury.
AV. Tuck, Elsing, Noriblk, miller, March 3,4, at five, and
April lat ten, at the White Swan Inn, Norwich. Attornies;
Mr. Keith, Norwich ; and Mr. Tilbury, Falcon-street, Al-
dersgate-street.
T. Hudson, High-street, St. Giles-in-the-Fields' grocer,
Feb. 21, March 4, anti April 1, at el,,lven, at the Court of
Commissioners. Attorney, Mr. Cole, Serjcant's ' Inn, Fleet-
street.

W. Oathard, Cheapaide, tailor, Feb. 25, at eleven, 20, and
April 1, at ten, tt the Court of Coatn►iotion:la. Attorney,
Mr. Humphreys, Broadway, Ludgate-hill.

DIVIDENDS.

March 15, J. Flanders Atherstone, Warwickshire, book.
seller—March 22, J., T., and N. Howard, Naughton, Lanca-
shire, hut-manufacturers '..=l4larch 20, J. Hollins, A rdwick,
Lancashire, ironfounder—March 11, W. Marsh J. H.
Stracey, and G. E. Graham, Berners-street, Marsh,
March 11. E. Mathews, College-hill, merchant—March 14,
J. Pavey, Staines, ;Middlesex,. draper—March 'l4, W.
H. Phillips, Boreham.wood, Ilertfordshire, horse-dealer—
March 11, T. Colbeck, W. Ellis, J. Wilkes, sen., and
W. and J. Ilohlsworth, Westhouse, Yorkahire, flax-spin-
ners—Feb. 21, G. Gardiner, St. John-street, ironmonger—
March 11, S. Farmer, Birmighum, glass toy-maker—Mart 11,
W. Walker anti T. Baker, Cannon-street, whOlesale grocers—
March 14, J.:Nickols, Hunter-street, Brunswick-square, uphol-
sterer—Feb. 25, J. and F. Colkns, Nicholas-lane. Lombard.
street, and Brenchley, Kent, timber-merchants—March 11. J.
Woods and H. Williams, Hastings, grocers.—March 11, 11.
Porter, Taunton, draper—March 11, J. Sandwell, Pittileld.
street, Hoxton, victualler—March 11, J. Pratt, Hatton-wall,
Ilatton-garden, pavior—March 17, M. Levoi, Cheltenham,
picture.dcaler.
_ _ CERTIFICATES—OIancti 11. _ •

J. Drake, Shorcditch,-nilman-;.J. Brown and J. Thompson,
Fenchureh.street, merchants—T. Atkins and G. Tyrrell,
Maidstone, bankers—Nicholo di Theodro Italli, Suffolk-lane,
merchant—VV. Fry, Peckham, letter-founder—J. Pagan, Nor-
wich, draper—J. Hopkins, Tooley-street, Southwark, currier
—W. Blizard, Petersham, Surrey, butcher—S. Hodgson, Ha-
lifax, ironfounder—T. Farley, Calverley, Yorkshire, cloth,
manufacturer—J. Gunnell, Platt-terrace, Battle.bridge, bob.
bin-net cap-maker—W. Stewart, Pall-mall,
commission-agent
it. Dorren, Golden-square, tailor.
PA RT NE RSH IPS DISSOLVED.
A. Dennistoun, W. Wood, J. Dennistoun, and 'W.
son, Liverpool and France, general merchants ; so far as re.
gartls W. Wilson—M. Conway and M. A. Keiham, snow-
hill, milliners—E. Ash and AI. Cooper, Burton-upon-Trent,
milliners—G. Scott, F.• Lilly, A. Gordon, and J. Johnson,
Manchester, porter dealers—T. Eyre and H. Williamson,
Cleekheaton, Yorkshire, woollen cloth manufacturers—J. and
J. Tamsett; Bridport, DOrsetshire, sail makers—J. and B.
Goodeve, Gosport, common brewers—J. Wimpenny, and C.
and M. Ilindley, Dukinfield, Cheshire. cotton spit-piers—
J. Bill, J. Stanford, 'l'. Hartland, and W. Harris, Coseley,
Staffordshire, timber dealer—E. Phillips and Al. A.
Heath, Bristol, schoolmistresses—A. Fairburn and R.
Brook, Longroyd-Bridge, Yorkshire, cloth-dressers—J, Sabo-
field and F. Al. Hodson, jtin.,.Manchester, manufacturers—A..
Law, and W. and R. Graham, manufacturers ofiron wad copper
bolts—.L French and T. Godfrey, Chatham, coal.irierchants—
M. J. G. Davy,. Plumnix-wharf, Regent's Canal Basin,
City-road, coal merchants—J. S. Dal-wry, J. Kyle, .1. Daintry,
and E. Smyth, Macclesfield, bankers—D. Jones and J. Tib-
bitts, Birmingham, merchants—lL and F. M. Clarke, Ports-
mouth, ironmongers--4Y. F. and H. Hickman, Edmund-street,
St. Pancras, brick-makers—W. Bell and .1. Craig, Rochdale,
tea-dealem—F. and J. Anderson, South Shields, rope.makers—
W. and R. Cooper, Huddersfield. merchants...-j. Towntiend
and W. Redman, Dunkirk-Al ill, Yorkshire, worsted-spinners,
W. %Vigney, W. StanfOrd, J. Valiance, and I. N. Vigney,
ltrighthelmstonet bankers ;So far as regards Vallanee—le.
Donny and D. Martin, Angel-court, Strand, bookbinders—W.
Wright, 'l'cddington, and A. Wright, Kenton-street, Bruns-
wick-square, carpenters—G. Perfect and C. H. Pear-Imre, West
Mailing, Kent. surgeons—ll. Stelling and S. Bell, Darling.
ton, Durham, joiners. .

BANK. CHARTER, BILL.

PROTEsT, •
Entered on the Journals of the House of Lords ms the second
reading of a Bill, entitled " An Act to amend an Act
passed in the 39th and eilith years of the reign of His Ma.
jesty King George the Third, entitled an Act for establish.
ing an Agreement with the Governor and Company of the
Bank of England, for advancing the sum of 3,000,000/. to-
wards the supply l'or the service of the year 1800 ; and fur the
better regulating Copartnerships of certain Bankers in Eng-
land," against the measures brought forward as a remedy for
the calamities which at present oppress the country.
First—Becanae, waiving all consideration of the qUestione
whether the system of circulation, as now by law established,'
Will or will not be ameliorated by a partial. repeal of the ex-
clusive privilege enjoyed by the Bank of England, which this
bill enacts, and by the annihilation of all . hank notes under
51. in. the year 1829, instead of the year 1833, the, measure
with which it is conjoined I must regard the conduct of
Ministers, in courting such discussions at a moment Of-pecu-
niary embarrassment, as not only rash in the extreme, but as
exhibiting a lamentable ignorance of the salutary mode of con-
ducting the affitirs of this great mercantile country, when suffer-
ing under distress produced by a temporary panic. Whilst I
sincerely regret that 1 must be of opinion, that the conduct of
Parliament, in sanctioning the proposed measures, cannot 'fail
to spread throughout these kingdoms an alarm, the effects of
which, conjoined with those of the expiring panic, must inevi-
tably reduce this country from the greatest prosperity to a state
of suffering whieh,• in profound peace, it has seldom, if ever,
experienced.
• Secondly—Because nothing has been stated in debate that
can. vindicate GOVernITI en t in proposing, far less justify rallies
meat in adopting, legislative measures, pregnant with conse.
.quences so destructive to the immediate interests of the cm-
Ministers hail advised his Majesty, in his speech from the
throne, to announce to Parliament and the public, the tempo-
rary sufferings of the country in a manner unjustifiably alarm-
ing; and to state their opinion that, to a certain portion of the
evil (meaning the state of the currency) correctives, if not
feetual remedies, might be applied. Whilst, against the recurs
renee of the remaining portion of the evil (meaning the demand
for capital arising from Joint stock companies and other wild
schemes and. speculations) there could exist no security but in
the experience of the mischief's they had occasioned.
With such a statement of the nature of the calamity thus so.
leinnly laid before the public, I must think they had a right to
expect that Parliament would devise some immediate remedy
for the evil to which it was held to be competent to adni inkier a
corrective ; and that it would at least abstain from encouraging
that portion of the evil, the remedy for which had been de-
scribed as beyond the reach of its interposition.
1 cannot, therefore, help anticipating the fatal effects of the
disappointment which, in this moment of alarm,. mint ensue
when the nubile learn, that to that part of the evil which Parlia-
ment is said to have the power of correcting, they have selected
a remedy, which, at the expense of great immediate evil, is to
take place three years hence ; whilst they have altered the law
with the avowed intention of encouraging the immediate recur.
tepee of that portion of the evil beyond the reach of their inter-
position, by the establishment of joint stock banking compa-
rues throughout this kingdom.
because those who recommend these measures to
Parliament, assume that the increase of Bank-paper raised the
price of commodities ; that a rise in the price of commodities
gave birth to schemes, speculation, and joint-stock compa-
nits ; that this state of things created .-a necessity for a farther
extension of currency ; and that the extension of currency,
' with the disposition to scheming which it generates, thus al.
ternately operating its cause and effect, produced the calamity
under which we at present suffer.
No-proof has, however, been given that paper either of the
Bank of England, or of the country banks, existed in excess ;
or that an excess of paper payable in cash on demand can pro-
' duce a rise in the price of commodities.
For some days I.lsnk paper has been de jure, as well as de
facto, convertible into coin, on demand ; and 1 must agree
with the committee on the high price of bullion, in )810,
" That no safe, certain, and constantly adequate provision,
against an excess of paper currency, either -permanent or oc-
casional, can be found, except in the convertibility of all such
paper into specie."'
On such • reasoning os I have heard, I cannot therefore re-
nounce these opinions, anal sanction measures calculated to
create an alarm, the eKeta of which must be far more injurious
to the interests of' the Wine than those of the momentary panic
for which it is asserted they are the only remedy.
Fourthly—Because I am of opinion that those who have ar-
gued in favour of- tliesa measures, have formed an erroneous

view of the actual state of the country ; and that the real causes
of the calamity arises from an immediate transition from a state
in which it enjoyed an extra supply of capital, to a state in
which it suddenly sustained a great extra demand for it.
That the rise in the value of land, of funded property, and
of all securities producing a permanently fixed revenue, as well
as the' diminution of the interest of disposable capital (the cri-
terion of its value), was the natural effect of a forced conversion
of revenue into capital by the sinking fund to the extent val
5,000,000/. a-year, cannot be doubted, unless it is meant to den
the proposition,,that an increase of the supply_ of a commodity,
in proportion to the demand for it, diminisheustkvalue.
When, win, in the year 1824, and in the year 1825, the.
desire of enjoying their foriner incomes led those who suffered
under the diminished and diminishing market-rate of interest to
embark in schemes joint stock companies, and speculations,
which caused the investment and payment of capital within a
year to the extent of more than three times the amount of the
sinking fend, this demand for capital occasioned an immediate
increase in Its value, and of course raised the rate of interest,
forcing many to call up capital with which they had accommo-
dated others, and limiting the possibility of credit from the di-
minution of tile value of land, of funded property, and of fixed
securities; on the more extended value of which it had been
safely granted ; and thus inevitably produced such a sudden
restraint in all pecuniary negociations, as unfortunatelpocca-
sioned a temporary suspension of payments, even on the part
of many who had funds ; and the bankruptcy of those who
had been alone sustained by that confidence which experience
teaches us.general prosperity, either real or ideal, uniformly
creates. _ • _ _ _

That this is the true cause of the calamity under which the
country suffers, I cannot entertain a doubt: it is therefore with
pain and regret I see Parliament persuaded to adopt measures,
as a remedy for a sudden extra demand for capital, which must
inevitably increase the demand for it.
et it is Impossible to conceive, that 5,000,0001. of country
11. and V. notes can be withdrawn without forcing the bankers
to make a demand for 5,000,000/. of their -funds, with which the
public are now accommodated ; or that 6,000,0001. of gold to
supply the place of these baak-notes can be obtained without
making a further demand for capital to that extent.
And lastly, it is impossible to believe that the projected joint
stock banking companies can be generally established, .with-se-
curity, without embarking capital to an extent that will create
a further demand for 8,000,0001. _ • •

It is therefore with sincere and deep affliction I anticipate the
fatal injury the country must sustain froni this ignorant attempt
to remedy an evil arising from a sudden extra demand fur capi.
tal, by creating a demand for it far More enormous.
Lit UPERDALE.