The Sun.
London, England, 1844-06-15 00:00:00

TH L 1.1A.1.41K CHARTER BILL.

We are _nabled to give a copy of the letter which was sent
yesterday to Sir Robert Peel by the private bankers, and to
which we have referred for the last day or two. It is as
follows : " Lombard-street, June 11, 1844.

" TO THE RIGHT HON. SIR ROBERT PEEL, BART., M.P.
" Sir,—We, the undersigned bankers of London, are in-
duced by the importance of the measure, and our interest in
its success, to address you Upon the subject of the Bank
Charter Bill now before Parliament.
"We were led to believe, when the measure was first
brought forward, and we feel confident it was generally un-
derstood throughout the country, that although it was the
intention of her Majesty's Government that the paper cir-
culation of the Bank of England, in their issue department
should be limited to an amount not exceeding 14,000,0001.
upon securities, yet that in the event of any particular
crisis, arising, a power was to be reserved by the Bill,
enabling the Bank of England, with the consent of the
First Lord of the Treasury, the Chancellor of the Exchequer,
and the Master of the Mint, to extend their issue upon secu-
rities beyond that amount.
" It is with considerable surprise we,fincl that the Bill now
before the House of Commons does not contain any provi-
sion for an extension of the issue beyond 14,000,0001. upon
securities, excepting under the special circumstances named
in the fifth clause' of the Bill now before Parliament.
" We are apprehensive that the absolute limitatien of the
issue to 14,000,0001., without any power of expansion being
reserved, whether that amount be in itself a proper amount
or not, will create a general feeling of uneasiness through-
out the country, and, by preventing the satisfactory recep-
tion of the measure, will deprive the scheme of many of the
advantages it poesesses, and interfere with its success.
"We respectfully submit that the effect of such au abso-
lute limitation will be to restrict the business of the country
by leading to a general withdrawal of legitimate accommo-
dation, unless some power be reserved by the Bill for extend-
ing the issue, with the sanction of the authorities above
alluded to, in cases of emergency, to be made apparent to
such authorities.

" Robarts, Curtis and Co. Fullers and Co.
Hanburv, Taylor, and Barnard, Dimsdale, Barnard,
Lloyd. and Co.
Bosanquet, Frank, and Barnett, Hoares, and Co.
Co. Lubbock, Forster, and Co.
Brown, Janson, and Co. Stevenson, Salt, and Sons.
Barclay, Bevan, Tritton, Price, Marry-at, and Co.
and Co. Sapte, Banbury, and Co.
Hankey and Co. Weston and Co.
Smith, Payne, and Smiths. Twining and Co.
Willis, Percival, and Co. Dixon and Co.
Masterman,Peters, andeo. Coutts and Co. •
Rogers, Olding, and Co. Herries and Co.
Spooner, Attwood, and Co. Ransom and Co.
Currie and Co. Strachan and Co.
Glyn, Halifax, Mills,-and Scott and Co.
Co. Cockburn and Co."
Williams and Co.

As the above presumes a knowledge of the sth clause of
the Bill, we have extracted it, as follows, for the benefit Of
the general reader, who will thus have the whole subject
before liiin

" Provided always, and be it enacted, that if any banker
who, on the 6th day of May, 1844, was issuing his own bank
notes shall cease to issue his own bank notes, it shall be law-
ful for her Majesty in Council, upon the application of tire
said Governor and Company, to authorise and empower the
said Governor and Company to increase the amount of secu- •
rifles in the said issue department beyond tho total sum or
value of 14,000,0001., and thereupon to issue additional Bank.
of England notes to an amount not exceeding such increased
amount of securities specified in such Order in Council, and
so from time to tine; provided always, that such increased
amount of securities specified in such Order in Council shall
in no case exceed the proportion of two-thirds the amount of
bank notes which the banker so ceasing to issue may have
bean authorised to issue under the provisions of this Act; and
every such Order in Council shall be published In the next
succeeding London Gazette." _ _ _

--
The following firms, therefore, have not signed the memo-
rial :

Bcnverie, Norman, and Hoare. •
Co. Hopkinson, Barton, nd Co.
Call (Sir W.), Marten, and Jones, Loyd, and do.
''' Co. Jones and Son. •
Child And Co. - Praed, Fane, Praed, an
Cocks, Biddulph, and Co. - Johnston.
Cunlitret, Iltanks and Co. Prescott, Grote, Ames, Cave,
Denison, HerwoOd, Ken- and Grote.
nard, and Co. Puget, Baiebridges, and Co.
Drewett and Fowler. Snow, Strahan, and Paul.
Drummonds. „Stone, Martins, and Stone.
Goslings and Sharpe.

&IR. CAPFS' LECTURE ON THE
CURRENCY.

Mr. Capps, the author of " The Nation in a Dilemma," in
compliance with the request of several gentlemeii,, on Tues-
day last, re-delivered on Thursday, in the large room of the
British Coffeehouse, his lecture on the currency plans- of Sir
Robert Peel, showing their.tendency and effects. The audi-
ence listened with the deepest interest to the lecturer, who;
in a clear and most effective exposition of the subject, sup-
ported
.by extensive statistical and other information, laid
down, and, it might be said, demonstrated the following
propositions :
That, according to the practice and the -ancient monetary
policy of this country, the pound has not beeif-What Sir Ro-
bert Peel described it to have been—namely, a certain defi-
nite (by which it is concluded he must mean invariable)
quantity of the precious met ass.
That, supposing it had been such hitherto, it ought no
longer, under the existing circumstances of the country, to
be of such a character; for that the quantity of gold and
silver to be obtained for the .pound, ought, as is the case
with all other commodities, to be made to depend upon the
amount of taxation upon commodities.
That Sir Robert Peel, by means of his corntlaw legisla-
tion, 'has proved that the pound should be very different to
what he would make it by his currency legislation ; and not
Only so, but that the pound in this country might to be a
variable-quantity of gold or silver, instead of a fixed quantity.
That unless it be so, goods cannot rise in price according
to taxation, in obedience to the maxims of political
economy, and that neither can taxation be made to fall on
the pal ties who ought to pay it. But, on the contrary, .if
gold and silver be allowed to rise and fall like other commo
dities, that diminished quantity of gold or silver which people
would receive in exchange for their pounds would act as the
most perfect property-tax.
That the circumstance which has been represented to be
such a dire calamity to the country, viz., the unfavourable
state of the exchange§ produced by the Bank Restriction
Act, and which has given rise to all Sir R. Peel's fatal mea-
sures on the currency, was in fact that very circumstance
which produced ample and remunerating prices to all our
produCtive classes ; and also hindered the foreigner from un-
duly profiting in- our high-priced markets at our expense.
That instead of the Bank. Restriction Act giving rise to a
new course of practice in our monetary affairs, it might more
properly be described as a resumption of the ancient practice
which-had existed for GOO years previous to the establish-
ment-of the Bank of England, a practice the circulation of
that corporation had unfortunately superseded.
Mr. Capps thus concluded I beg to conclude by en-
treating you, as Sir Robert Peel said that .the whole
foundation of his measure rested upon certain assumptions
- with reference to the pound—and for which assumption I hope
I have made out to your satisfaction that the Premier had
no good warranty—that you will exert the utmost influence
you possess to prevent the dire calamities which must ensue,
should Sir Robert Peel succeed in establishing his system of
currency in all its stringency and rigour. With regard to •
the ultimate] result I am perfectly at ease, as I know the
truth must prevail in the end. The, Premier's present suc-
cess will insure his final defeat, but the misfortune is, that
this happy result will only be brought about by the intense
sufferings of the people. If the further suffering of several
years could be prevented by the exertions of those who are
actively engaged in combating .the errors which prevail en
this subject, it would indeed be a glorious achievement. May
I, without offence, earnestly and respectfully beg all present
to lend their aid to that excellent Society, the Society for
the Emancipation of Industry,' at the request of the pro-
moters of which I have ventured to appear before you this
,day, and given what assistance lay in my power in eluci-
dating the subject."
At some moments the effect produced by Mr. Cappselicited
marked expressions of surprise and approval, and so con-
vincing were the arguments and diagrams to the audience,
that there was not an objecting voice. Some remarks were
subsequently made by one of the company on the injustice
and inexpediency of Government interfering with the circu-
lation of the country banks, alleging that publicity given to
the names of bankers as a means of ascertaining the extent
of responsibility, afforded au amply sufficient protection to
the public. It was urged that all that Government had a
right to interfere in was the supply of a lezal tender-money
suited to our natural circumstances, as regards taxation.
At the termination of the lecture, W. Williams, Esq., rose,
and after thanking the lecturer for what he had heard, moved
that Mr. Capps be requested to publish it without loss of time,
as he not only desired to see the statements tested, but, if
true, that, even in the eleventh hour, they should prove
effective on our senators upon a question so vitally important
to the national interests.

An accident occurred on Thursday on the Hampton
course, which it is feared will terminate fatally. A young
man was lying stretched on the ground within the rails of the
course, when one of the horses went over him atsfulr speed,
inflicting a most dreadful wound upon his skull.
TIIE LATE DEATII raom PRUSSIC AClD.—Yester-
day the
.inquest was resumed by Mr. Baker, at the Fountain
public. house, Stracey-street, Stepney, touching the death of
Rachel Belancy, the. wife of a surgeon, who is at present in
custody, and remanded for examination at the Thames-police
Court, on suspicion of having administered a fatal dose of
prussic acid to the deceaSed. Much additional evidence was
obtained, but the mj stery attached to the case was by no
means cleared up, when the Coroner again adjourned the in-
vestigation till two o'clock on Monday next.
Prince Henry of Holland, in command of a
small Dutch squadron bound to the !Si eaiterranean, arrived
in Plymouth Sound en the llth instant, and was received by
the Admiral of the station and other authorities with all the
honours due to his exalted rank.

ANTI-CORN-LACY LEAGUE DEMONSTRATION AT
Bruairrox.—On Wednesday night there was an immense
meeting in the Town-hall, Brighton, at which upwards of
1,000 inhabitants were present, convened by the Brighton
Anti-Corn-law and Free-trade Association, in the character
of friends of free trade. Mr. Cobden and Mr. Bright were
there, and made admirable speeches.
1:1 AYMAITALT THEATRE.—We are desired to state,
that there is no foundation whatever for a rumour that Mr.
Webster is about to quit the management of this house. It
is true that the Adelphi will open under his direction, and that
probably has led to the erroneous supposition that he will quit
the Haymarket, whereas he will be lessee of both theatres.
THE KING OF SA XON Y.—According to present ar-
rangements, his Majesty leaves for a tour in Scotland and
Wales, on Monday next. On Saturday his Majesty and
suite Intend to honour the horticultural exhibition, at Chis-
wick, by a visit.

• MILITARY INTELLIGENCE.—Captain Rusall, En-
sign Pedder, two sergeants, one corporal, and twenty-seven
privates of the 58th Regiment, are ordered from Chatham
to Deptford, on Monday next, to embark on board the Lord
Auckland ,:onvict-ship, for Van Diemen's Land, as a con-
vict guard.
• Sir John Chetwood, Bart., M.P., has been placed
in mourning by the demise of his. son, Lieutenant Chet-
ivode, commanding the Royalist brig,. 10, at Port Essing-
ton; Mr. Chetwode's commission, as lieutenant, bore date
Aug. 27, 1832.
Mr. Ford, who was engaged as one of the solicitors
for the travcrsers in the late State prosecutions, has arrived in
town, and laid before counsel the necessary papers for the
prosecution of the writ of error. Thursday the Lord Chan-
cellor sent to ascertain whether the agents of the travers,ers
would take the 6th of July as the day of hearing in the Lords.
In reply, it was suggested that the 6th would be Saturday.
A communication was subsequently made by his Lordship,
appointing Thursday, July 4, which is accordingly fixed as
the day for opening the case.
FRANKFORT, JUNE B.—lier Majesty Queen Adelaide
left this city yesterday, and continual her journey by way
of Fulda to Altenstain. The Duchess of Kent is expected on
the 21st of this month at the English Hotel, where, her son
the Prince of Lioningen has already ordered everything to be
prepared for her reception.

INEPEICIAL PA .L (A MENT.
HOUSE OF LuirDS, June 14
Their Lordships assembl d at Five o'Clock. Bill
Several petitions against the Dissenters' ChaPew
were presented.
THE STATE TRIALS.
In answer to a uestion from the Earl of wicittow,
The LORD CHANCELLOR said there wits ll°
foundation whatever for the report that the circuits
the judges in this country had been postponed until alren
5
the writ of error in the State trials hid been disposed of.
PAROCHIAL SCHOOLS (SCOTLAND).
The Earl of MINTO wished to ask whether it Was
the intention of the Government to propose any 5U
for for assisting parochial education in Scotland.
i e'
minimum income of the schoolmasters Was 10s• a
thus
and the maximum was 361. a year. It was evident thu,.
for this remuneration the services of gentlemen octi
snperior education could not be obtained. He hieg,eet
therefore to ask whether it was to be hoped
at some future day the Government would take this
subject into their consideration?
The
.Earl of HADDINGTON would not go 'into surf
ilismosten upon this subject, and would confine hirene
to answering the question put by his Noble Friend.
atteetian of the Government had been turned
to the
ct, and although it was net in hts poeer
that the Government would introduce a measure due
season, he believed that it would be done next M3S3iOO.
Lord BROUGHAM said that the remunsration we:
so scandalously inadequate that he wondered how men
of education could be found to fill the -offices.
thought their efficiency would not be impaired by
givinem adequate salaries.
The them
Earl of GALLOWAY agreed with the Noble
Earl Minto, that this was a subject worthy of the It;
tention of the Government. In some countiesschoolthasters were paid reasonably, and were resPrr
able and competent persons. But in other pia,'"
position was much to be pitied. There was Act
boot{, providilt
1823,, which was a disgrace to the statute
that the house of the schoolmaster should not have inJsre-
, than two apartments, one of which should be 14'
kitchen.—
f (H
ew ear, hear.)
After a words from the Duke of RachProNntoatg4
Lord CAMPBELL in favour of an increased stipen,l
their
schoolmasters, and alterations in the law respeeting
office,
Lord MINTO expressed hisgratification at WY°
Viet the Government were disposed to introduce a rnev •
sore upon the subject.
CORN-LAWS. ots
The Marquis of SALISBURY presented a
from Stafford in favour of agricultural protection.
'vo,-
would not real the petition, because, although the
respectful to the House, it was not respectful to be
League, and perhaps some of their Lordships night
members of that body.
THE BROTHELS BILL. it; •
The Earl of POWIS presented several petitions
favour of the Brothels Suppression Bill. ' of
Lord CAMPBELL thought that in the discuisi°ll4lo
the Bill the Noble Lord, some other Membsr o', 'to
House, should use his privilege of ordering strauger te.e,
withdraw. No one was more a friend to pill:heirs' oe
he was, but he thought that the subject of this Bill ed
one which should be discussed inprivate, as he sidiri-ter
some of the details were not fit to be canvassed by et6-er,
Lordships' familiss at the breakfast table.—(iies" -
and a laugh.) ~,r or
The Bishop of EXETER, in presenting a euni of
petitions in favour of the Bill for the Suppress
i°-0
Brothels, said that he could not object to the !Nal° and
Learned Lord (Campbell) exercising his privilege', (4
ordering strangers to withdraw ashen the Bill careSeee
for discussion. But he did not think that the disenleet
would of necessity introduce anything more yr:l-ilea'.
than the discussion of a divorce bill. The WITT' tee
Preleteahen moved the second reading of the 131'1' for
said it was no part of his intention to punili pero°enm-eat,
prostitutitin, which he believed was its oen Pnllls7seith
His object was to prevent the crime, and he reeeenee to
horror .the doctrine that prostitution was heeessrd
-
the prevention of greater crimes. His Bill did uot,IP
lie
vide for the punishment of the seducer, altho";, its of •
looked upon such a eerson as the worst of the agenoee
Satan, and he would, if he could, direct all the verreek.
of the law against the seducer, however high his I teel
royal or lordly. It was for the sake of the into
nut of the seducer, that he would net dreg► ' see
a court of justice, to convict her tr`:ere,
He 'would net proceed against those wh°
guilty in the first instance ; but he thoughtevery
it was the duty of a Christian Legislature to used pro'
means of putting down the trade of prociteot s east
curesses. Even in heathen Rome such eriruinsis:eot
in:anions by law. '; he Right Rev. Prelate the".eo ef
into an -exposition of the law in certain eeeetri
0.03
Europe, in Which th • crime was, tiesome extent' lieee,
—a state of thitigs which he hoped he should never sever
Christian Englaad. The common law of thrs l',onae of
which was a coedensat;on of wisdom as Nvv."• diet'
morals. declared the keeping of brothels to be an °their
able offence. But the law lebfeit to individusls, ce
iG
own responsibility, and at their own cost, to eriCT
Ile stated several instances in which parishes a"°, 0050
viduals wore put to !erg,. expenses in suppres.ine foe!
of bad character. The Right Rev. Prelate then red or
• several cases in which parties had Rev.,
preeeell- „egg
seeking and compassing the et struction of 3;e03
females; and be also related the meaiis which agell
adopted in the metropolis for seducing yo_tlng anf
from the paths of virtue.: Ha would no t tregolss
loeger on their Lordships' time. He was adrirlite
nearly one hundred of the Peers of Englaud. Sn
was sure, that if the whole of the august body were 1 iOO
sent, they would not refuse to allow this. Bill to 1;0
Committee. iii'
The Earl FITZHARDINGE said the House e'eseei
debted to the Right Rev. Prelate for the industilities
research which he had bestowed upon this iiol3°oo •
subject, arid he hoped that the Bill would go jilt° pre
mitee. In the Committee an opportunity might be
sented of refuting a charge which had been made oaf
two years and a half ago against a very venerable, or
—the Dean and Chapter of Westminster. It. °their
serted that that body were the proprietors, t! bre
corporate capacity, of a great number 01.1 th 6
thels, of the worst kind,—(Laughter.)
Almonry alone there were twenty nowt-hes "'the rod
the property of the Dean and Chapter. being in the
lion of two brothels for every one pr, bend.
~re 50
laughter.) In the Orchard-street district there "'et. se
of these house ; in Bye-street, 40 ; and
—all the property of the associates, in their hotTer, or
capacity.--(Laughter.) He hoped that the 03eT4-tbef
that corporation would show in the Committee t
were not amongst The class of criminals to Pu,r.)
• which was the object of the Bill.—(Great 1001°1,0 tile
• The Bishop of GLOUCESTER considered tije in
Noble Earl had not given notice to those 1411'111 e sae'
tended to attack.—(Hear, hear.) The proper*" oft
to by the Neble Lord was not under the coutr°
orrs
York-streoro,
Dean and Chapter, whoeon every possible opil.
bought up the leases, and, at the greatest sacribc
the premises to respectable persons. sed thejr
The LORI) CHANCELLOR recommeu- e
Lordships to allow the Bill to be read a second
(1,11, And
Lord BROUGHAM was of the same oPini,st sale
thouht that the subect was one of Which the leo th
the better.—(Laughter) He could not say, *
present Dem and Chapter were to be blamedler e it it
so many brothels--(Laughier) —but he did thin ve
discredit to them that they had refueed as :1
the AbbeSe on the score of morality, to the vote
Lord Byron, ehich was retarded as the chefs'
Peep
t/
the
The statuary of the ege.
Bishop of LONDON contended that try the!
and Chapter would have betrayed their duller-, luhe
had admitted into their church the inortureAenteee
who had done so much injury to morals 011'-'
g,
his writings.
• Lord LOVELACE earneAlv vindicated the 113.0911110;r°
of Lord Byren, WI the Noble Lord spoke in
to
tone that he could not be accurately repertefleeSerra
The Bill was then read a second time, all'
be
The comitted on Tuesday next. i
m Stave Tiade Suppression Bill then Wen leg
Committee, when the House adjourned 1"
Seven o'Clock.

The
SPEAKERIUSE took f ). k'
,iy
Lord OSSU LS' theC‘flMChMaiOr allr'Foijirolelol44'pes—
' roN presented petitiens freto
IT,
ampten against the Dissenters' Chap Is Bill.
ATTENDANCE OF. MEMBERS ON C'' h
TEES ON PRIVATE BILLS. „00 t,':
Mr. W. CULLETT moved that the Corarnite'ite i;l.-
Menkland Railway- Bill have power to proceed:tli 11:1
Bill with only two selected Members. It sos :,.' • cou_A-
ficulty that a sufficient number of selected AI, nit'ecoete;
be obtained in the Committee, and the,ierliesa'l
ings were stopped in consequence. Thi' -,tiees;
te tended with the greatest expense to th'-' P'idr4'
he thought the subject deserved the serious COnt- he
and attention of the Committee of Selection• Heel the
Mr. WALLACE, in seconding the motion, ca,,,,,ierci
attention of the House to a similar ease of merle4%raislf;
which had occurred in the Committee on any 1:0;
Gas BR He did not wish to cast bl ine orileece 'me
son. He thought the whole of the inconveliraittees,-0
attributable to the system of appointing C°lll—,Led frof
private Bills which at present existed. lie • truees6io
co,
boal e plan Would, in the course of the tle%t nseeiel! e
Parliament, be adopted to obviate the inc°- ' `‘lilc
which was so much complained of. Every eels)d gel:
occurred through the non-attendance of eelecteo Ohl
bars on a Committee on a p-ivate Bill, threw _ A 500,1
tional expense on the parties of between 2001. ecola et.;
Mr. ESTCOURT was glad the Hoe. Me ,n, P:,
called the attention of the House to the subjc,ret leave
hoped that some plan would be suggested to if SOP_
tO remedy the inconvenience complained 00„itee,',"
selected Members had to serve in three or four C rviwessarii.ll,
anud, therefore, some of those Committees e ere o(l',ies cola
adjourned to the great inconvenience of the pe.'ol o.tva,
cerntd. If every Member of that 10.10,t. ,esslS
consent to serve on one Committee durire, if,' that
these delays would be obviated, and he theotllo, oortui,
Member would be called upon to serve reookore Aleoe
He was grad to hear the eulogium which the n ova 4
. seiectio. fste-
ber had -passed on the Committee of ttee a ' ost
the Standing Orders Committee, and be e.. 0
~_ e utteelo
that House that both those Committees had ?_ue to tl,
desire to perform satisfactorily the duties allot•eie
es'
i 1 C
to d'scharge. plan Ives se'
Mr. BROTHERTON thought some f the ta•
dance 0 ge
~
nary to be adopted to secure the atten Th°s6 pc'
lected Members on those Con3mittees. 01 LI 0
bars ought properly to perform the duties inyeiec d
te- hs
them, and• when once a Alember via' uhlie, t°,e
serve upon a Committee, he owed it to the
part es no.
punctual m his attendance, in order that the
_rase oa
cerned might not be put to unnecessary exl '
oflcr
convenience. ht to ,
Mr. SHAW thought every Member eug" eye oviii
• to
du So s Of
himself once in the course of the scs.sto voitot At.
Fe act Committer, and if he %mild not do so mi eis
there ought to be some rule adopted to eelDr- 00
tendance. f OPI4
'Mr. CilitNE.sugiested the proprietf 9

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