The Sun.
London, England, 1816-05-31 00:00:00

Z,ZUU,VUOJ.
there would he in circulation
2,700,0001. one million being ntcltetl down. The
oext,important consideratioo was, wnat CO ha
done with shillings' atol six peneesl!• f n'Cri
tiSktli Whitt %%.s the amount of ,hillings ati'd
pence's in circulation, 4ie. was obliged tti
that he had not been able to make any caleulatio., to)
Satislyhis mind . It was,bowever, absolutely neces-
sary to 'call the Wh,ile in, because if they Were Hots
the new silver coinage wouldilisoppear in 0 short
time. Two millions and a half ut 13ank Tokens
would becoined into shillings and sixpences ; and
by- one of those machines invented by •liolton of
Birmingham, it would be in Cite: power-of Go.
vernment to "accomplish this coinage 'in. six or
seven Mood's. It would be coined at Cas.‘. the
pound Troy. The 4,les:ion then was, what was to
be done with -shilliogs and sixpences that Must be
called in,? An inconvenience would be felt ; but
whenever this question teas to be 'net the same i
Convenience must arise. Their Lordships %yeand all
admit, that Giivernment ought to be prepared to act
in tho, most :liberal manner. in most foreign
:countries, where, there had been a new coinage,
the old coinage hail keen received in weight, mid
'the individual exposed iiigreat loss. his Lord-
ship did not mean to act on that principle ; he
,
suoutu propose, that the old coin (that which
'teas legal (ender) be rtceived by tale, and one
shilling given for one that is old. There was
pritfeiple ut jostice in supposing the article
tvl,ich is not legal tender Should betake!' for more
than the worth. NVith respect to those articles,
they were to be received by weight. Tao next
coosideratiou was, how were they to distingui,h
• shillings, which Itttilr really been coined -,nu the
Mint > 1114 Lordship bad made inquiry Vespect7
iug that ciremustanee, and be found there wits no
doubt it could be ascertained. lie the
re,establishinent of a good silver currency neces=
s4ry to the 'restoration of
.cash payments by the
Bank, because the Batik syoulil return to payments
in Cash with inure safety when there wa3 a good
silver currency. Thle Rolle Earl concluded by
moving—
" An Address, to assure his Royal Highness the Pripet Re_
gent, that he might rely on the support and concurrence of
the House in ail such measures us might be necessary fur
issuing a new coinage, &c. &c."
The Earl of LAUDERDALE could not agree to
the proposition just - made, and won hi enter his
protest against it. He could notagree that gold
was-the fittest standard of currency; bnt it was
better than to have both gold'andsilver audard.
Siiver
,would be, circulated As ti9w, at a most .
Predated rate. Take the average value of the
sixpences now in currency, and thy would be
not more than 24(1.- It was because -he wished to
•:sire the- curreucy of the country brought to
perfection, Chat he wished silver to be ;made
'the stautlard of payments. tie thought that
the 'Aka should take the real sbili figs mid
, sixpences in tale, and not by weight ; but lie
. believed Ihe proportion of shillings and sixpences
, now in circulation thatinid been originally issued
from the Mint would be found to be very sn till.
Upon the trial of a mast at York for bilying a gni.
ilea; an' Officer from ,the -Mint could not swear
that any of the shillings paid lot the guinea were -
01 Were not Mint shillings. The loss to the pub,-
lie would a+►nuuttt to 9,500,000 E to pity 1111 cx
pence -61 50,0001. -sisitl -to -be incurred by the
Mint ; whereas that expense ougitt.to be defray•
rfl by the Treasury. lie' considered this-4114 inere
speculation.ot Governinent. ,A rise to the prktf
-of silver might .Italia all this new coinage•shsap-
pear. hlc w4old late disposed to go thelull.extent
of indemnifying the public for all the silver which
4(1 got into their pOSSeSS.IOII without. beet)
Collate at' the.Nint:,Vor 'these reasons he could
not agree to the A ddreSs, and lie moved an Ainend.
mclit it,'tialuel,y.."-•
-That the finuse felt- it •ther duty reseeetfull, to state,
that new liner Coin at this time could apt ba issued without
expi nee, to the country, and loss to the pourer order of
'the peoplc ; and that the House telt if sect doubtful ttlierlitr
Buy advantage would be. steriSed treat t lie:.proceedlng. It
w;is their fluty to yrpresent to tss ill,val Iligiutess the Prince
Regent, that the said new coinage might he of no ava,il while
ti.e Rank: of England, iimfiisti baulting establishments could
u,ue pisper securities at. p asuris.i.jutier thoe
the. House felt, it ileir duty to implore his ROyiii llighness to
pcistprine the issniug of new-silver ctirtency ut this time, in
6.-mselaeoee oaf tinancial distress, &c. &c. s
The Earl of LivaurooLtaid, the sum of 500,0001.
bud been mentioned but it was impossible to say ,
what the real espeoce of the coinage would
lie was also at a loss to knOw oil what the Noble''.
had_grounded.his assertion, that the loss to
the public would amount to above nine millions.
The Atnemlment was ',Tien negatived' without a
ciivigiotl, and the motitin 'tor the Address carried.
..»-Adjourned.

HOUSE OF COMMONS,
ML CANNING.

Mr. Hustussoll moved, that the Speaker should
hpilte his Warrant to the Cleric of the Crown, tci
make oot a new Writ fora Burgess, to serve
thr present Pal iianirnt, for the But ottel of Liver-
pool, in the room of the Right Hon. George Con•
sting, who, since his election, has accepted the
°thee of First Commissioner for managing the
Aifairs of India.

Mr. favrrwrog rose and expressed his tin prise
that this ntotiou should be brought tnrward at so
cal ty an hour. • ,
The SPUAtell.—A 'motion for a new Writ
ought to be Mought fortivarrl• as soon ns possible,
and to precede all other.motions, because it is
pt9per, that ,us ,sonn es a Seat in Parlianient is
vacated, no time ought to be lost in proceeding
to fill it-up.

LlTTLErov•oadtl, of course the rtigbtliort.
Gentleman might persevere in his motion, but at
the same time, it %vas-hullo. eximindihary thAt
he should 1)0L-Ch011Se it Inter HS he plust, be
aware, tlitit the motion was likely to give rise to
some diSttrlssiotl. ,

:Mr. Hustssinta said, lie was not aware that the
motion' was likely to lead to any di4ensBion, but
If the lion. Gefitiratim had any remarks to mike
upon it, no doubt the llooto would be- happy to
hear him.

The motion was then ngreed
INSdiNV-NT DEWMitti.

jtfr. LoctitAitr torived thMt the Order of the
Day for, the tu.cood readhOg of the Bill for sus-
vending the (unctions of the inattivelit Maws'
Court should be iebtured, °hit the *meow'