The Sun.
London, England, 1819-02-03 00:00:00

i" filet' t') aet'ellt 61r. Ile 11f)d 11it rea to let I,i.'"
and tU tollo,:: with liii tnikiotr; 'in f tet ,
I,e ltal cdrvreti ~•e r,; !hiit!: that he 'cohld 0 tft'r '
i'le'le
hi'n-s-if he Chose, 'he was free to take his
‘‘(tirl.,,T;lelleY's) place, and he (yould take that of
tlle,;,slg"' i-lonourable Gentletuan.—(A Lai:lo).j—
-thn't; (lie laugh raised by some (ientlemen, it
tt-in't see laugh
that they were disposed, trotn what
jar
1311 itlSt said, to view him Its a person hunting,
4-4 lace. if sucla were his object,
she ptirsued
in 4 va.... i .
1,,,i 7.. y OW! way. He w;ls sure
tiler he was
oiii'etig What must prove him vet y
unfit
...for any
14 „under the present system, and especially
S‘lloll4` 'if the E
Chancellor of the xelie(l"er.
7
T 4
YIN a sitevion, h'y the bye, no man_ witty his
1,114,4 the questiou now before the House wit. 4 take? cleared tip, entild be at all dispoted to
litiiii Thuugh the night lion. Getvleinan now
111;3 'e wished for inquiry, the Ilouse would takei fart them, that at first he hail Wisher. asy, 4 iluiry. lie had not intended to propose
hcatwhen one morning he received a•corninn-
ilat 1,°14 from the Bank Directors, telling him
.
rim C'ev wklied for an inquiry. ['lion this,
tqll:Y because it was required by the Directors
lisil )e;ll4ult, the Chancellor of the. E,celtequer
Iti(lB,4'``."--" Then let there be an 11"1"irY•.'7
the 'lr't he (Nit. Tierney) a right to speak of
111,,lcitt:nifi",et of the Right Honourable Gentle-
-I'e el,"e`liati done after"t hat ? l',l!enheeos:l;
,Ivili a:''eellOr of the Exchequer conic 1
!‘tirk -Propusitio,, for inquiry, he suspected some
llp ti,:tliti":.l. eo„ti,•vatmei is he. Is ne.ty 'that in truth
l'itaii • In'u'e stomach for toq.niy than he
.11ad
t(I, (tr'4l",4.t° give him his litre. lie looked to
cit.h:t iii.,'t,',ln which the Chancellor of the ExcllF-
ft•kv 4ySed:to get the object which he had 111
a 11.. . ..A).‘ ! . .
P:' °llly, ' 1119 ill' lie (Mr. Tierney) rjOllld move
••Itit 'titent to inquire into. the affaits of the
rynit''-‘1 a reference to the resumption of cash
1'14411 l''ut then carne the Right lion. Gen-
)ll4t, (..natil'tilll iliS antenth:rent, and to iti.rti.;:ire,..l,i:,(e)
C(II ers -as were 'connected there‘A iI.. 11
N, ", 'l' ,
1 itrovy) was at: aid of the Right Hen.
l'l. . ratan
.... -
11,:1 tl„: , ''Y extending the. inquiry _
in
1,4.4tei1` !'e would make it nugatory, and
ritt 'Y It•
lie teas disposed to refer
.such a
tape Yt't 4I • s ' • • osslble to
Nit, Pect suoterts to it that it was Imp
cow_
. hav
n' I*".ul could result from such a .
l'e..l:l‘3e ' . he Eichequer had
4iiii 's -td b Cl' a "'lien of 1
whether he in-
t.,() t(1 in Yan Hon. Gentleman,,for
regidati„g
es"tit)li, Propose any measure
the .present
111.'111' ''etik Paper in the course of
this tli,:, 'lie kii4ht fj".S.irntlentan I ad r(Plied
liit.:4lll.‘‘.'is a subject very fit to be rekter,riediatsot
I,!ht ‘/llttet 'Then lie had been as e.,
'qi(l; 4 llies io.,
I
qIL Of the 'l, 1 relative to the
.a bpaelaarretcdeswians
atlTile.,
le.„.' (If ti e !.).-11.)1, ; and this it p
tn,,''l h, rite `hank
which would
itae
properly re-
to
t 1. N e CoMmittee for which te. proposeddifference
tiiltlf,.'ea ti,'`" it there were no essential
,
11-4:l:44ti,t'it,',", he would
.cheerfully consent tha.t
should graft his
lie '', 1),,
tit,4 of the Exchequer
ike.so
te,,':)lll;iv,.t which he was about
1., Ir.,'x ~
,i'llit!he
object of his motiott°r,itilat of_oh-
''' -11 1-'1 t • - 1
I. tinet answers to cer-
t'un,.ttio "(IntrY, ant 'is
11;, ,:`,lttt "', he should be satisfied.
,
;1) ' ilelwere 'a
li3Ointed as the Chancello.r.
its
Nill,itt-ei.tr::: proplOseir that it should be ; it i
tiiin„t',qi , It) be extended' to so many ‘..a.tiotts
l' " (ii edo . i I not he likely to gala any
Iseti 41 • "`e w 9- ! • nce that the
lerii)'6ll It Je vv.old pledge hi,
"isle , • -
ti II; %lil prove nrect) bit
't loads u, Illet
e:bi e f,ir c(
"f „IlItt,), 'll of.a Report, front which no
._(;;,ei,r)ii-1
14 "le till be able to •forin a distinct ii
lihiv'qat„,ol-'"ter, in question. l'his wontilltl! be
Itlii:ell, aaelei'et of adopting his plano,btuaninees(sl:
htiti:ll, it )??Ili'cr result ''''''e to
ebteti.,tit [Jo-
han) 41'ile q1:41 bcen rionou red t
to try for,
42n 1"...t lit!ttl4ll-1 was well disposed . March. •
1801, for
ilit'.......Tl:!Nbstitute March, - i
„9 lie
ft),!114
~I'. Perhaps, might be lattemptet , .
Atria
li'''' thtte- would be some of Mr. Craw-
-I,li'ttin:t)(i' about the Committee- Whatever
(liiris, tb;:!)(,,l'e It l<ht lion. Gentleman might leave
ilit,jie -", it the House did but stand by
11.,i,".04ti,:n"Y), fli,!, would s^. e the Chancellor of
471 "le '''' gke way. He mentioned this now
1115 di(' were many new Members in the House,,
di:1111,0) asti()t know -the Right Honourable. Getili;
1. . ' the' "le- Aletuhers of the old Parhame
44)44'4 iIY 'night suppose that it they.
on‘,ottielitsl
141:14,411:e Chancellor of the Exchequer
NI)
tf 1 thi (Pustiou that be would resign.
tr,t.at g. II- ' -

-e begged of them not to be afraid
41):;''it. tt 'T. • ' )
bl'iii)4ltit, ivy decided for his (Mr. let ney s
'l,l4l,seP"' it.)e,)".""ltl pledge himself that they
II P`" 'til'` "ight Hot) Gentlenian get up and
i 4f l• Wit! •
iiilt. 11, 1, 1 1 very good grace. They might
4' In
41 of IVellington's military skill,
I}t4l..l'iltirekt_i.at' tile Chancellor of tire Exchequer'
(,\I;Nt
of, a huudred to one. What had been
114'„jlit ~. an liunotrrable Friend of his ? He
tto.:' 111 'It'll) had Token of the balances in the
t'iltilult,or" 11.40 k tor years ; he had been called
t 1
4 tt:,vltle, obstinate, and lie knew not what,
ti 4cl. the Ith-ht Hon 'Gentleman turned
ltl411l ad ' 1
Jt , ‘1,1) Inntec, what he Am.
tll, 41t that he had proposed was just, pod
IliCt)reii man that would an it. Thus the
Pr lin °I. of the Exchequer cleverly mounted
04 -tin„
Iv ch ...rahle Friend's horse just as he ap-
th et
II" Q,. (lie winniug-post, and then came it
th. }IR
ki)ey g col,

onrs exAlitning, " See what a
I 1 ,
,` , •
',lra, Iti. ' 'The Right Honourable Gentle-
Olttie,tt,i -rosed to renew the Property Tax. Re was
utt
,I, aft that propo,sition, and then in a short
t 'it er he came down to the House to tell
,9io bor, ,
~,,m,,, -11 iiad been grawed to the people, by
tt'oo c`i, them from Taxes to the amount of
I,ttit. "iOOl. I .
... ' • •
li,iii
sin in tne saute spoil. he had defended
11t
t,
Div sine In
which at last he had been cou-
lilts t e '4). Last year he proposed certain
loe : ditiereut Nlembers of the Royal Family.
t,4 4,114 e refused, and the ItiOlt lion Gentle-
-I,,)Nilit his Colleages had no difficolty in redne-
-6.1 Proposed votes greatly below what had
t 4144. 4ii'allY moved. Tliey would shape their
411141i•vcaec°r(iiiig to the spirit displayed by the
i„,e111, ; atttl •I bus it ‘tis in the power of their
),!t1„1) 'Jo their dutv without any fear of fore-
lit.? ;I,ttut of their situations—two very neves-
: ,;(,11•:- 'ra.ttinis. in. that Howe. 'They w""id.
,;'',v;,l 'll,ltg short of a vote of censure and
f,.'r klit'
,sdilier thi,n'givc it ) their places. Last
1,it,1''41% vC„lt'l",ce)litr of the 'Exchequer made his
I.t,te iltp,l :, dgitinst an inquiry, now be would
h'4Atv 3t'' tc)r if. lie (Nlr. Tietney) would
er, believe that the House oil the pre.

klent oceaSine, crat of crimpiinitnt to Lien,
eo:fer the motion about (0 be sehmitted• to them
to he altered, ie order to let in words that would
rmake it less opt rative. He would not believe that
they would act so rill he saw it. But then a question
arose as to what Comatittee should be appointed
—The Chancelior of the Exchequer propased
a Secret Committee. He <Mr. Tierney) had
no particular objection to a Secret Committee, but
that if this were determined upon there would he
a pretext for chooSing it by ballot, and to this he
could never consent. There were Init two points
on which secresy were necessary ; the amount of
When in the Bauk, anti the amount of their dis-
counts. The accottrits given on both these sub-
jects, in 1797, were so furnished, that for any
Thing connected with them the Committee might
as well not have been a Secret Committee. If
the Right Hon. Gentleman wished for a Com-
mittee to inquire into the affairs of the Bank of
England, he had no-objection to it. He might
have as much secresy as he.pleased, but then it
would be proper to have two Committees. Be-
cause the affairs of the Bank might call tar some
inquiry, he Would not consent to have the whole
question on the resnmptiOu of wash payments re-
ferred to a Committee, to be-chosen by ballot.
To this, he could never agree. -turd on this.ques-
lion, if it were pressed, be would take the sense
of the House; He was satisfitel that the best re-
solt.Would beObtained front confiding the inquiry
to such a Committee as would ,obtain the most
distinct and categorical answers to certain ques-
tions. If a proposition so fair were not acceded
to, it fintSt be seen that Ministers opposed his,
motion merely for the purpose of showing their
power in the new Parliament. This its Memhers
might be sure of, they never would have a finer
opportunity of,shotving their attachment to Mi-
nisters. 'For the Right Hon. Gentleman and iris
Colleagues, they could only resist the present mo-
tion, as they admitted that an enquiry was de-
sirable, to obtain a pitiful trittroph for one party
aver the other —He concluded by moving, "That
a Committee be appointed 'to enquire into the eh
feet produced by the exchanges of foreign coun-
tries on the state of the eirculatiog medium, and
also to enquire what inconveniences, if any, would
result ,frritu the resumption of cash payments at
the Bank, at the period now fixed *Ton by law."
The CHANCELLOR of the EXCHE.QU.ER'reiIim ked,
the language of the Right Hon, Gentleman was
such as to prove that he had laid aside all idea of
conciliation and unanimity, and begged the House-
to notice the course which he had thought it his
duty to pursue. First of all, he (Mr. Tierney)
had. begun by announcing motion for 'a Corn-
_mittee to inquire into the state of public credit, a
Committee to which he himself saw such objec-
tions, that a few days after he had abandoned his
design. But what had happened in the mean
time ? WhY; lee (the Chancellor of the Exche-
quer) had given notice of the (notion which he
had how to bring forward, and which, he would
presently shove, called for an inquiry more exten-
sive and full- than that of tire Right Hon. Gentle-
man himself. This, however, instead of closing
with the proposition, and adopting it, the Right
Honourable Gentleman objected to ; and, as it
appeared, from mere spirit o[-opposition, brought
the present motion, which was less complete in
its form, and less distinct in its operation, than
that of which he had given notice. It was neces-
sary to compare time two motions; but as on the
one great point they were egreed, he did not wish
to extend the matter of contest between them, by
going into those details to which the Right Hon.
Gentleman had endeavoured to lead the attention
of the House. On the charges which he pre-
ferred against that department to which he
(the Chancellor of the Exchequer) had the
honour to belong,. he would 'be happy tb meet
bitn.My any occasion. He challenged him to make
hiS assertions good. To what had been said
of the imbecility of Ministers, Ire had to reply,
he could show that since the peace more had been
done to relieve the patine than bad ever been done
within the same period after the couclusion of
any former- peace. Up to Jan. 5, -1819, in three
rars'after the termination of the war, taxes bad
been repealed which had relieved the public to
the extent of 50,00.0,0001. within the period he
had described. This relief he, however,. did not
say he had thought could be safely afforded.—
(Hear, hear,. hear !I—The. diminution of the
Public Debt which bad been effected in the same
thiTe years, he would undertake to prove, taking
the horded and trufunded debt together, amount

ed to trona 25 to 30,000,0001. of✓capital stock.—
He would undertake to show, that_since the He.

volution so great a reduction of the public debt
had not been effected as had actuslly taken place
within the last three years. These assertions
!night appear extraordinary, but he called on
those" who heard hint, if they had it in their

power, to refute them. This was his answer to
the charge of imbecility. The real, question be-
fore them to•night was this—" Is inquiry ne-

cessary Now, as all parties were agree(

that it was desirable, he should proceed to
explain the course which Government had been

disposed to take. It was u►idoubtedly true
that he (the Chancellor of the Exchequer) had
thought it might he irroper that a very short

extension of the Bank Itesttiction Act should take

place %t•iibout being.preceded by an inquiry. lie
had thou ht so because since last Session cir-

CuinstanceS so notorious and extraordinary had
taken plaice as might justify a short extension of
the Act till those extraordinary circumstances had

passed by. He particularly alluded to the French
Loan. This, though the Right Hot'. Gentleman
did not view it in the same light, he held to be
Of great importance in its effects on the circulat-
ing medium of this country. Having come to
the conclusion that on these grounds a short ex-

tension of the Bink Itemriiiiou Act would he

justified, he had liven of opinion that the inkeinl-
e(l intioity might he posipone.d till another
34)11. He had thought it might then be entered

anon with more advantage Cleat► at presen►, be-

cause many it the circumstances arising out of the

uans raised tor (he service (If other countries

ti7onld then be done away with, Bin! a return
‘voidd be effected to that state which commerce

%void(' naturally bring when not disturbed by the
violent operations of the Governments of Foreign
Nations. Not only in France 11841 a lonnbeen
[aim!, but loans bad been obtained f.-,r Russia,

Prnssia, . end.. the . Netherlands, and for Awe-
, Ilea, tire Banks of which were now strog-
Ong Under the geeate'st difficulties. He.- had
thought that it %roof(' be desirable tie ex-
tend the Bank Restriction Act,. on the grounds
he had stated, to M..-trch, 1820. Subsequent-
lys a communication froth the Bank Directors
made known their %visit, that an inquiry should
precede the extension of the Act, to show the
circumstances Which precluded them from return-
ing to cash payments. Under these circumstances,
as inquiry seemed to be generally preferred, he
had consented to it. Agreeing, then, with the
Right Honourable GentieMin to his propositiOn
for a general inquiry, he should ho-w nroceed to
compare his meition with that of the Right flo=.
noontide Gentleman. The latter, he she wed, was
not so comprehensive as .his Ant, on the contrary,
it excluded many subjects for inquiry which his
embraced. The motion of the Right Honourable
Gentleman went to inquite into the state of die
exchanges in foreign countries and their 'operation
on the
.Bank of England, but into the affairs of
the Bank of England it proposed no inquiry. The
motion of the Right Hon. Gentleman was so in-
artificially, he might say so absurdly worded; that
many subjects could not come nude: the conside-
ration of the Committee, which would be got
at by-the motion which he intended to move as
an anieoduteut to that now before the House.
—A Committee appointed to inquire into the
effect produced on our circulating medium might
report-(whether it was "rue or false), that these
had nothing, to do with the Bank Restricion Act.
In various instances he showed the labours of such
a Committee most he of no avail, and proved
that the inquiry which he should move for would
be in every respect more. efficient. Had he re-
fused to consent to the inquiry being so extended
as the Right Honourable Gentkman might have
desired, he could then understand Its objecting to
it, and suggesting other topics wiOch it ought to
embrace ; hut, in the present instance, where the
Committee he %visited to be appointed was at:-
Nally one that would have more comprehensive
powers than brat which the Right Hon. Gentle-
man had moved for, he could only consider that
that which had been offered was rejected in
a spirit of opposition. He would now explain
his own motion. It first went to inquire into the
situation of the Bank—into its preparation for
resuming cash payments—its connexion nitir
Government—and it would extend to any crilla-
teral matter that might reasonably be supposed to
affect the resumption of cash payments. In floe,
it entered into every thing' connected with the

subject, and therefore he submitted it Was,more
'complete in its term, and would comprehend va-
rious inquiries, which the motion of the Right
Hon. (.4ntlentan did not. The Right Hon.

Gentleman argued against the appointment of a
Secret Committee. Every Committee that had
as yet sat on the affairs of the Bank had been a
Committee of Secresy- The Right Hon. Gentle-
man had pointed Out two branches of the in-
quiry on which the information obtained
could not with propriety be submitted to any hut
a Secret Committee ; but there were Various
• others which, though they might 'be investigated
for the public good iu the way he had retommend-
ed, cupid not without hazard be brought before an
open Committee. The Committee he wi,hed to
have appointed he proposed should report to the
House on the practicability of cash payments he-
inn resumed at the Bank, at the time now fixed
upon by law for their doing so, and further to
report on such matte's as could be disclosed with-
out injury to the public, with their observations
thereon. 13tit the Right Hon Gentleman would
have two Committees. Now if this suggestion
were acted on,, either they must be formed of the,
same Members,, in which rase they would oirly
nominally he two Committees, or formed of dif-
ferent Members, the great objects of the inquiry
would be lost, unless the information, given be-
fore one Committee wet e communicated to the
other. He then proceeded to show, that it was
very desirable, whenever cash payments were re-
stinted, that this should take place while Parliament
was sitting, to avert any evil that might result'
from the sodden change, and to avoid creating
that alarm which would be excited if Parliament
were to he soddenly called together for that express
purpose. To show that the object of the in-
quiry which he proposed, after all the differences
between him and the Right Hon. Gentleman, was
the same with that which he had in view, he
would run over the heads of what the Committee.

would have to do, • It would first have to inquire
into the safety or danger of resuming cash 'Hy—
ments on the first of July—it would then inquire
what had hitherto retarded, and what would be

likely to facilitate their resumption. They would
likewise enter into the foreign causes w+•hich af-

tected the circulation of this countly—into
the effects of the Corn Bill, and the lin-

portations of coin Which had taken place
under it ; and also into the consequences
of the large .investments of British capi-
tal in Foreign Funds. Other topics would be

pressed on their attention, and from these it
would be for the Comn►ittee to select those of

greatest interest, and snake their &liberate

report accordingly. Nothing would ❑tore fatili-
:ate such an inquiry than the conduct of lion.
Niembers, who, discarding prejudices, came to
judge from the facts, such as they should appear,
without reference to the theories which they had
previously, formed. Ile hoped the Right. Holt.

Gentleman opposite would act such apart, and
thinking .the inquiry he had pioposed would be
highly beneficial to the country, he could not
abandon his own idehs and those of his Col-
leagues, and should therefore move that all the

Tatter part of the originJl motion be omitted ior
the purpose of inserting these words—" To con-

_ .
sides. of the state of the Bank with reivreoce ,to

the resumption of cash p:iyn►ents at the period

al►l)ointed by law, and.to indnire
,into such 0 her
(patters connected therewith, as may be disclosed
without injury to the public interest."
Sir W. Da CRESPIGNY thought it was high
time_ chat the Legislature should, he made t►c-

painted wits► the resources of the BauL For a
ong time the Batik Directors had been in the

habit of throwing dust into the eyes of the Le-
gislature, but not gold-dust, Autl inquiry was
110 W absolutely necessary, The Directors ought

so cow; for warJ, and support a motion for in-

906,, and th'e first that be:m submitted to
the House-, it appeared to him, best merited its
approbation.

Mr F. LEwts said, it appeared this inquiry
was to be conceded, because the Bank wished to
prove that they were not prepared to resmne c.ish
payments, even with the prolongation of time
allowed to them by the existing law. For the
Public Debt, he could not bee that it had heeit
tlintinished,,,as they were now told, it bad belt),
by the Chaneellwr of the EXchequer. - The Fi-
nance Committee had been linable to find this out.
No subste.utiVe.payMeza had been Wade that he
knew or.

Lord CASTLEREAGH thought the question lay in so !tar-.
row a compas:, that there could he no great difference of
opinion on it. All woubi agree to the motion of tLe Right.
Hon. Gen:lei-Ilan opposite, but that the inquiry proposed by.
the Chancellor of the Exchequer seemed to be more exten-

I sive, and, under all the circumstances, more suitable. He
joined with his Right Hon. Friend in thinking, in the first
instance, that no inquiry was necessary to precede the short
'extension of the Tank Restriction Act which it Was intended
to propose, and he would state in the course of his
,Flppeclt
why he had thought such inquiry could have been nitre ad-
vantageously entered upon in a future Session. Since last
Session circumstances had occurred which would bind
went (suppoing it to be the 'same Pgrliainent) if it acted
consistently, to &it:ermine that the Bank Restriction.
Act should not cease before March, 1820. He agreed
to the proposed inquiry, because all seemed to thin!c
this desirable, and teutli.ng• to bring the country towards that
era of resbuied cash pa)ments to which he looked forward,

as anxiously as any one could, impatient to W.. 11
:Ir6S an event
so intimately connected with the general industry', the hap-
piness, and the credit of the country. Circumstances he
thought fully justified the conduct of the Bank Directors.
They, as honest men, bad said " the Bank can keep opett
and pay in cash, if we only look to the interests Of the Bank,
and turn a deaf ear to the wants of the country." The
state of the exchanges made it the duty of Ministers
to consider what measures were necessary, not for the
protection of the Bank, but for the protection of the coun-
try. The Hun. Gentleman who had just sat down, had con-
sidered What was said last year when this question was be-
fore the [louse to bind the Government down to see cask
payments resumed its the ensuing July. He would ask if
what was then said ought to be held to pledge them to op.
pose the public interest. It W.ts not intendCd to argue in
favour of the Bank ; nor was it for the credit of his Right
Hon. Friend (high as it stood in matters of finance) that he
spoke ; he contended'hut for that which was demanded by
the best interests of the country.—(Hear, hear !)—lf he sup-
posed that he supported the motion of his Right HON. Friend
on any other grounds, the Right Hon:Gentleman did not
do justice to his principles. The Bunk had not c!aitned the
interference of Ministers in their behalf. Their language
had been--" We can take care of ourselves; du you and Par-
liament take care of the country." It was agreed on all
hands that an inquiry, the most comprehensive to which
the abilities of that House were equal, should take place.—
The Right honourable Gentleman had proposed a mode of
conducting this inquiry, winch he might have expected
to bear suggested by one less experienced than hint, but
could never have looked for from that Right Hunourabld
Gentleman. Were two Committees appointed,' as he would
recommend, one of them would necessarily be occupied is
examining and giving opinions on subjects which Could not be
understuod wit bout a reference to the information laid before
the other. '1 he Right Hun. Gentlemati objected to a Com-
mittee of Secrecy. He contended that it was due to the Bank,
•that they should guard egaiost partial statements getting to
the public, on matters bieh they could not examine at all
without doing theft some violence, which could only be justi-
fied by the consideration that it was demanded by the public
good. The Right Hon. Gentleman could not deny that sel
cresy was desirable, but this-only brought him into the ei-
lemma in which be had been with his two Committees. If he
thought the Secret Committee would not, in the largest sense
of the word, inquire most fully into all the circumstances con-
nected with the. great question under consideration, he would
assure'the Right Honourable Gentleman that it should not
on aity account have his rote. They agreed on the subject
of the inquiry, but then it was objected that the Com-
mittee was to be appointed by ballot. This was the last iea-
the Right Honourable Gentleman had to stand upon. When.
the Chancellor of the•Exclkequer agreed to the inquiry, anti
consented to a Committee, then the Right lion. Gentleman,
who ls:as as good at a retreat as any one he knew, took up his
last defensive position, and, objected to the ballot. Those who
were in the last Parliament had heard this question argued
before, and an answer had been given to the objections of
the Right Hon. Gent, to a ballot by an Hon. Member who

did not always rote with Ministers—he meant the Member
for Bram ber, which he thought the Right Hon. Gent. won'd not
wish to hear repeated. He had also read the speech of an-
other Honourable Gentleman, made in 1;97, to protect him-
self from the same calumnious insinuations that were now
common, which he considered an answer to all such objec-
tions as they were in the habit of hearing on occasions like
the present. He never hoped to get into a Committee with-
out some difference with the Right Hon. Gentleman, but
when they got into it (if he and the Right Honourable
Gentleman shouldae Members of it), he hoped they should
do better, and conse out of it with a better. opiriion of melt,
other, and with a better opinion of such Committees on the
part of the Right Honourable Gentleman. He would defy
the Right Hon. Gentleman to put his finger on the Report
of any Secret CoMmittee in the last. Parliament, with which

the majority of those who usually voted with him (Mr. Tier-
ney) had not concurred. He hoped on this Committee the

Right Hon. Gentleman would not do as he had done on the

Finance Committee, when, because he could not prevail in.

carrying a :notion on one partieu!ar occasion, when all who
usually voted with hint were against hirn,, he left the Cow-

:attire altogether. He hoped on this occasion that he would

not turn tail on the second day of the Committees but trustvd.,
he would go through witli' the inquiry.- The subject, was so

immensely importa:it that he could not sit down. If asked to
name that question respecting which one false step would.

prove most injurious to the interests of mankind, this woulkt
be that which he should narn. It was not as it affected the
flank; the Bank was but a Hy on the wheel ; but as it af-

fected the iminstry, peace, apt! happiness of
.I\l..tions.
Nothing could be more fatal to the interet,t of a

country than a paper system, which carried the priory

of a coßntry fonyartis, and produced all those phenomena
which were known to result from a forced circulation of payee

with which it had often been attempt ell to confound the BAnic

paper of this country, which he contended had never been

forcecl iuto circ;►lati%an. The Iti;;Ilt ilunourt4hte Gegalrunn