The Sun.
London, England, 1818-04-30 00:00:00

IRISH GRAND JURIES.

Mr. C. BUTLER moved for leave to bring in a Bill to re-
gulate the Grand .Fury Presentments in Ireland.
Mr, coWPER insisted ou the necessity of some material
.alteration in the present. law.
Sir I. NEWPORT regretted. that so large a part of the Ses-
sion had elapsedithout same material amendment in the ,
existing laws relative to Grand Jurics. The abuses of the
present sysl e!sl had produced infinite rnischief
Mr. CROKER. expressed much apprehensiOn that the pro-
posed Bill c -old not attain the desired object. He remarked
on the valions alterations %vhich- each succeeding Session had
made in the law on this subject, without in any degree re-
moving the evils. It was not by any general sweeping mea-
sure like the proposed Bill that the desired amendment could
be made. Gradual and progressive - iruprovoinent find publi-
city were the means by which the existing evils could be
removed.
Sir F. FLOOD maintained, that the remedy wished for
might be obtained by a general Act to alter the whole of the
present system, and therefore he hoped his Hon. Friend
would succeed in the present Bill. He trusted, that this Bill
would be passed without the obnoxious clauses which he had
opposed in the last BR on the subject.
Sir C. MUNCK thought the're should be an approxima-
tion of general spirit and systena of the Laws of Gram! Juries
in Ireland to those,of linglann. Some standingorder ought
to be made to prevent any',Nlember from introducing -any
Bill relative to Irish Grand Juries, without the Report of a
'Committee. or some other evidence before'the House, as to
the necessity of the prOposed Sill.
After a few words from Mr. Parnell, Mr. Chichesteri and.
-General Hart, the motion was, agreed to.
..• INDEX TO THE' JOURNALS. • ,

On the motion of Nlr. B. uAT[TuRsT, a Select Commit-
tee was'appointed to inquire into the 'defective state of the
•Index to the Jonrnals of the House, aitd to report as to the
best means for continuing the same:
Lord STANLEY presented a Petition from certain inhabi-
tants of Oldham, in Lancashire, praying for radical Iteformo.—
.Readi and ordered to lie o the tattle.

,"LOAN 111 LL.
On the motion for a Cothinatee on the Loan
Bill,

Mr. GRENFELL gave notice, that h-eihten'cled to
'move in the' Committee, as an -amendment, the
omission of the clause which gave the Bank a-fee
of Is. Bd., in the pound on the 3,000504 AL.
and 'about lOU. in the pound on the 27,001001.
Exche'opey Bilis to he funded. He was resolved
take the sense`of the Committee on tills amend-

• .111 r: J P,TGRANT conic'„ not anow;tbis opportu-
nity to pHss %%idiom expressing..o4, .suprise that
in this the third year of peace, the Chancellor of

the-Exchequer should come-dO*6 Ln the House
proposing to borrow- for ifie supplies of the year
noless thin 14,000;0001: The Right Hint. Chan-
cellor-of the Exchequer had never yet-hOd before
the 'House any proper statement of die Fin ', ances
but told them that he meant to provide for the in-
terest srt •the additional debt which he was year
atter year incurring, not in the usual .way,-out. of
the taxes, but by taking from the Sinking Fond.
•He could not unde6tand the use of this nominal
Sinking Ft,l4; if we were to go on borrowing
.every year, and providing imthis•way for the in-
terest of the debt. The Right Honourable- Gen-
tietnan,• though he required.l4,ooo,oool.. had no-t
yet' stated how he intended. to raise it, except
that 3,000,0001. of it was to be raised by way of
loan. He theref.we supposed that the Right Hon.
Gentleman intended to. raise t be °they 1 1,000,0001.
by Exchequer Bille. This was serving no pur=
pose but throwing a flimiy.veil over the real fittan7
eial.state of the country, which ir was the duty
of every MeMber of the House to throw aside. •
"Elie CHANCELLOR of the EXCHEQUER
that as to the addition to the Onfutided-debt
the last three years, he only knew of two
means of providing money for the public service,
by taxes or by loan.- it was true that within the
last three years we had added 16,000,0001. to the
Unfunded Debt, but that during that time a capi-
tal, -of. the Funded • Debt of 50,000,0001. of
stock, or about 40,000.6001. in money, . had
been paid - okfi. So much for the operations
of the three last years. He must -admit that
the arrangements- tor • the present year were in
some degree complicated-; -but the result of these
operations would be, that by the conclusion of
the year we should have diminished die` Funded
Debt to tie amount •of 15,000,0001. without hay-.
iug added to the Unfunded Debt any thing be-
yond its present amount..
The House then resolved itself into the Coin-
mittee.

Mr.GRENFELL objected to the clause allowing
the bonus to the Bank. He said- that the nature.
of -the lervice'perfortned by the Bank consisted,
merely in receiving the deposits of the subscribers
to the loan and granting' receipts to them. In '
'additicio to this, they allowed 11 discount to those.
subscribers who felt inclined to anaicipate the
time (if paying•up their .subscriptions. -This was
the whole of the service for. which the Bank •was,
to receive the enormous recotnpence allowed by
the present clause. When the immense advan-
tages which the-Bank derived in other respects.
&Om the public were considered, be thought it was
-not too much to expect that these trifling services
should be perforMed without _the proposed recom-
pence. - The House, perhaps, was not aware of
the enormous 'sums. which had been pocketed'
by the. Bank during the War, on account of this
fee on the deposits. During 'the last seventeen
years of the war, the Bank bad received no leSs
than 324,0001. for this fee. He also objected-to.
the wording of the clause. 'He wished that the.
question of this remuneration should be referred io
the consideration of a COmmittee, and for the two.
last Sessions had moved for the appointment of
such a Committee. lie had -hitherto refrained
from making a similar motion this Session, on ac-
count of the appointment - of the Finance Com-
mittee. But as tie now understood. that the in-.
quiries of the Finance Conimittee were
.not.lo be
extended to this siJ)ject, he intended to move on
TtieSdaynext for the appointment of.such a Corn-
mittee. The amount of the bonus which this
clanse:wouhl allow on the present occasion was'
13,2001. 'This wati the very first tittle 'on which
such a charge had ever..been made oti the funding
of Exchequer Bill: '. He eoncluded--hy 'Moving.
that this clause he ot;tittsKl,
The CHANCELLOR of.the,ExCHEQU'Eß.said, that
he had no hesitation. in sayi6g. that the subject
dwelt von by the. Hon. Gentleman was a very, fit
one for the considet whin of the Finance Commit-
tee, although be had certainly, for particular rea-
sons, objected to their entering upon the conside.,'
ration of it hitherto. As to the bonus allowed by
the clause- in question, it had in every instance
since the Revolution been.allowed. As to a sot&
hr allowaocton the funding of Exchequer Bills,
it certainly was. novel'. But .hitherto this opera-
tion had -been conducted in the Exchequer pill
Office. In -the. present case.the tveratiou was of
a verycomplex- nature, attended with a. transfer
of Stock, and-and the -creation or a new Stock-, not
conducted at. the Excherper Office, but originat-
ing at the Bank: It entailed even more expense
On the Bank, and more trouble, than the operit,.
!ion of a Loan. He had, however, objected to
allowing the -Bank so large a sum as was allowed
on Loans, and the Bank Directors had agreed to
accept an.allowance of 4001.• on 'every million, or
one-half 'the. usual allowaute on Loans. When
all these circumstances were considered, he was
sure 't he House . would be of opinion that the al-
lowance was not objectionable.
Sir JOHN NEWPo-ST observed, that the Right
Hob. Gentleman. admitted that the charge op
funding Exchequer Bulls was a new.one., .The ex-
cuse was, that the transaction was a'complicated
one ; but he believed that all complicated finan-
cial arrangements' turned out disadvantageous to
the public.• He was very much at a-loss to know
how the funiling of Exchequer Bills in the pre-
sent case differed from other cases. In truth, the
Chancellor of the Exchequer seemed to have been
making so many alterations and ,rnodifications in
his ' complicated plan, that he was quite at the
mercy-of the Stock Exchange. He Was convinced
;hat art.ordinaty Loan •,woukl have-been ,more ad-
vantageous to the
. The CHANCELLoft of -the EXCHECIVER —lt Was'
to be considered that an ordinary loan,would have
been attended with dohble the expense of the
present plan. As to what was said of his being
at the-mercy of the Stock -Fxchattge, it might be
truly said that his plan was ,undertaken in direct
defiance of the Stock Exchange.—(llear, hear !)

Mr. J. P. GRANT said; if Ire understood rightly,
the Bank received an'allowance on the *ansfer of
old stock into the new, and received an allowance
Opon the Exchequer Bills, as much as if it had been
a loan ;• at least half as much. , He would wish
to kno►i. whether., taking the Sinking Fund into
the account, the present plan was not as expen-
sive as a loan _

The CHANCELLOR. of the EXCHEQUER.—.—In
ansWer Co' :the Poil.-anct-Le!ifned he
had no difficulty in riplyitik, that ati ofifinary loan

could not Have
.been effected at nearly so small an
expence. 'fife 1-Ion: and Learned
,Gentleman
seemed to think there :was a separate allowance
on the. transfer of Stock' and on the funding of
Exchequer Bills, which_was not the case.
Mr. GRRNFELL expressed surprise that none of
the Members of the Bank had risen to.defendlhat
establishment on this occasion. It was no.answer
to his objection to this allowance that it had: been
tumid from tine immemorial ; in tact that ;was
exactly. onemibis objections to it. He recollect--
ed when the chate by the Bank for the manage.
meta of the Public Debt was as much as 5601.
per million., but it .was now redUced. to 2001. or
3001,.,per million. It might as well have been
objected to that diminution, that the 5601. had
be-eu granted for time immemorial.
After a few words in explanation. from the
CHANCELLOR of the EXCHEQUER, and from Sir
WM. Buitaouatis and Mr. BANK.RS; the House
• For the Clause. • 4G
For the Aniendwent 3l
Majority....
_ _

Mr. GRENEELL then moved, that the Chairman
-should leave the chair, and report. progress.,—On
this the House divided— •
Ayes ; 25
Noes
Against the motion —l9 .
The Bill then went through the Committee, and the Report
was ordered to be received to-morrow.

Mr: BROUGHAM moved for an Account of the Number of
Commissions of Inquiry into the Administration of Charita-
ble Funds issued under the 43d of Elizabeifi, hi-fore the year
1746, and subsequently; and also of the Number of Petitions
presentedto the Lord Chancellor, 'and all.. Bills filed before
the Court of Chancery, resperting the: abuse of Charitable
Fun44s, and of the Names of all Charities 'touching which
ConnuisSions 'of Inquiry have been isSked.,—Agreed to.
Mr. PEEL brought in a Bill to amend the Act for Building
Court and Sessions Houses in Ireland.--Read a first time, and
ordered for it second reading to-morrow.
On Mr. BENNET% motion, the House went 'into a Com-
-mittee on the Offenders' Rewards' Bill. The Report was re-
ceived, and ordere,l-to be taken into further consideration on
sMonday. next. •
The Pardon under the Great Seal Bill was read-a third time
and passed. • •
Mr. Alderman WOOD postponed the second reading-of the
Irish Partnership Bill to this day fortnight.
Mr. BROGPElsVbrought up the Report of the Cotton Fac-
tory Bill.--Agreed to,. and the Bill ordered to be read a third
time to-morrow. .
_ _ • •

The Report of the Labourers' Wages' Regulation Bill was
received, and the Bill ordered to be read a third _time to•
umrrow.---Adjourned. , -

SHEERNESS, APRIL 27. -

On Thursday last was deposited at Wnster, in
the isle of Bheppy, the remains of the late Mr.
STRODE, Assistant Master Attendant at this port
fin• several years past, whose death (occasioned
by, the unfortnnate upse. of his boat when return-
ing from the Nore) was recorded in THE SUN of
the 20th instant.

_
l'he.Fernains of Mr. STRODE; .were followed to
the grave by a fon, train of Naval Officers and
friends, headed by Captain WALKER, and almost
all Lite Officers"beiht,NVrthurrilYe'rland-guard!ship.
A subscription has beets openc(l for' the purpose of
placing a tablet to.his memory, as a mark of the
es!cent of his bonerous friends ; and every effort
•is unaking_t6 procure sonieladdition to a Master's
pension, Which his highly respectable, but sadly
afflicted- widow 'and large family, will now so
greatly need.

It seldom halipensln,4fen moving•in the sphere
of. life Mr. sTßorsg,• to, be so much respected as
he was 'while living, and so sincerely lamented
now_dead.- lie was one of those rare characters,
conibining. a haPpy, ittauity of manner and ame-
nity of .disposition, a nobleness- of nature.above
servility, a gOodness- of heart above hypoctisy;
a docility ynder, with firmness of purpose in,
'command, that gained him the respect, "the
esttem, and the love of all 'who knew hint, He
had served many years as a Master of a ship with
tie late gallant Sir SAmuEL-Hoots, which alone
would speak a volume . in. his praise. All the
youngsters; followers-, of that. gallant. Officer,
whose nautical., reckonings and' dreary days'.
works Mr. STRODE7S.OIIty, as a Master, enjoined
'hint to contrbul and correct, as they rose to rank
and command, 'never reached the port
~where he
was moored, without making his .welfare their
firs/ entptiry, and irever qiiitted.it.without blend-
ing with their wishes for hit Vrosperity their
grateful acknowledgements that he had 'been to
them
.a guile .and:cOnnsellor in their
youthful reckonings, a ready friend in their ‘vatit
and need, and a fatherly monitor in their failings
and their follies.

Kr.. ST RODE has left a.large family, respectably.
brought up under fiis fostering care, with little more
than their father's good naive for their future sup
port. He was the only sufferer upon the melan-
choly occasion, the whole °fit he boat's crew hav-
ing been picked np and saved. That such a man,
apptirently living in the exercise of every
.Chris-
tian virtue, upon whose existence depended the
support and succour of so many amiable and de-
serving fibjects, 'should be thus singly and sud-,
denly snatched from life, is one of those mysterious
visitations .of Providence which frail mortals are
notTermittecl tocomarehend„ although daily called
upon to contemplate; to note, take warning by,
and prepare for.