Star.
London, England, 1822-02-19 00:00:00

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dim. Not only was the issue of Bank of England
notes decreased, but it had the effect aloof reducing
the country banks' circulation from about £11,000,000.1
to 5e6,800,000. This reduction of circulating medium,
he contended, must have an effect on all contracts.
The country bank paper, which, in 1818, was nearly
£12,000,000, was, as he had before'stated, reduced
nearly oue half in 1819; but in 1820 it underwent a
still greater reduction ; for in that year no more than
£3,500,000 of country bank notes were stam pt. Surely
the Right Hon. Gentleman could not contend that
such a change as this would not affect the internal
commerce and trade of the country. The effect
which this measure had produced was to be per-
ceived in the state of every gentleman of landed pro-
perty in the kingdom. The Hon. Gentleman then
proceeded to argue on the proposed plan of boriow-
ing £4,000,000 of the Bank, and expressed his reluct-
ance to it. He was always sorry to see the Noble
Lord and the Bank dealing together, for the
Bank generally got the advantage of the Public.
He looked forward to such negotiations with fear and
trembling ; he dreaded to what it might lead ; it was
not impossible that it might lead to a return to a
paper circulation. The Public were already depend-'
ent on the Bank for paying the dividends. The Con-
solidated Fund was at least £9,000,000 in arrear,
and the Bank might stop the machine at any time.
He did not mean to say this was probable, but it was
possible. The Noble Lord had, on a former night,
talked of looking into futurity, and had said we
could go on for five years ; but how could the Noble
Lord undertake to say we should not, long before
that time, be at war. It was well known that the
probability was, a war would shortly break out be-
tween Turkey and Russia. Ministers might say
what they pleased on that subject, but such was the
opinion of-the Public out of doors ; and, in that case,
what would be our situation? From these and other
reasons, he was most anxious to relieve the agricul-
tural distresses, that the country might be enabled to
meet the difficulties we might have to encounter;
and he would conclude by repeating what he had said
on setting out, namely, that any plan which had eco-
nomy for its basis, or was calculated to relieve the
grower, without imposing too heavy a burthen on
the consumer, should have his support.

Mr. HUSKISSON defended the Report of the last
Agricultural Committee, of which he had been
charged with being the author ; but he entirely dis-
claimed taking a credit which did not belong to him,
and to avoid such a charge in future, he should beg
to decline being a Member of the Committee about
to be appointed. The Hon. Member proceeded to
repeat the arguments urged by him in favour of ad-
vancing the four millions. He supported the plan
proposed as the only means of getting such a sum
into circulation. If it could be done in any other way;
if the Bank could do it by discounts, he should prefer
that course, as the whole would then be under their
more immediate controul.
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Mr. RICARDO, Mr. WODEHOUSE, and Mr. HUSKIS-,
sox, mutually explained.

Sir JOHN NEWPORT deprecated its being held
out, as it had been out of Parliament, and rather in-
vidiously, that this was a pure and absolute boon to
Ireland: it was only part and parcel of the Act of
Union, or at least carrying into effect the provisions
of that Act. It must not, however, be left out of
view, that the situation of Ireland was very peculiar.
With regard to the order of reference, he recom-
mended strongly that the objects to which the Com-
mittee was to direct its attention should be specifically
defined: they would otherwise, probably, travel into
matters not at present in the contemplation of the
House, and would protract the Report beyond the
period when it might reauortably be expected. He
much doubted, whether it would not have been bet-
ter for Ministers to have brought down their measures
at once, without waiting for the deliberations of the
Committee.

The Marquis of LONDONDERRY agreed, that
it might become desirable to restrict the subject of
inquiry to those practical points he had in con-
templation : at the same time, if this were necessary,
it might be done afterwards, when any Member
could come to the House to prevent the Committee
from wandering into too wide a field of inquiry and
discussion. All the Members would be fully apprised
of the objects in view ; and, as to the nature, extent,
and operation of the distress, he apprehended that it
would not be necessary to go further than the former
Committee had done. The state of the foreign mar-
kets, however, was a part of the great subject not yet
sufficiently investigated ; and he hoped that to this
the Committee now appointed would proceed without
delay, so that very early after the holidays some
practical measure might be founded upon its Report.
He by no means concurred with the Right Hon. Bart.
that Ministers ought first to have brought down the
measures they proposed : no useful dispatch could
thus have been gained, and a Committee was a va-
luable assistant in such an inquiry. It would not be
found that the Executive Government was disposed
to protract the examination or the discussion.
, The question was then put from the Chair, and the
Committee was re-appointed. The names of the Mem-
bers were the following:

Mr. Gooch, the bfarquis of Londonderry, Mr. Frederick
Robinson, Lord Viscount Althorpe, Mr. Bankes, Mr. Brougham,
Mr. Iluskisson, Sir Edward KnatchbuU, Mr. Stuart Wortley,
Mr. Baring, Sir Henry Parnell, Mr. Wodehouse, Mr. Western,
Mr. Holine Sumner, Mr. Eastcourt, Mr. Sturges Bourne, Mr.
'Fremayne, Sir William" Rowley, Mr. Caithorpe, Mr. Hunter
Blair, Mr. Irving, Sir Thomas Lethbridge, Mr. Littleton, Mr.
Alderman Bridges, Mr. Nicolson Calvert, Mr. Ricardo, Mr.
Curwen, Mr. Denis Drumm.

Mr. iIUME asked, whether more Memben, representing
manufacturing places or districts, ought not to be appointed?
The Marquis of LONDONDERRY replied, that the names
of the Committee were precisely those of last year.—Adjourned
at Half-past Twelve.

FROM THE CHARLESTON PAPERS—JAN. 19.
Norse or RtranurTATlvEs.
Mr. Woomas submitted the following Resolution for con-
sideration s •

" Resolved by the Senate and House of Representatives of
the United States of America, in Congress assembled, that the
following amendment to the Constitution of the United States
be proposed to the Legislatures of the several States, which,
when ratified by the Legislatures of three-fourths of the
, States, shall be valid as a part of the said Constitution :
" No person shall be eligible to the office of President of the
United States, from and after the 4th day of March, 1826, who
shall or may have held or exercised any other office of honour,
profit, or trust, under the Government of the United States, or
any of its departments, at any time within the four years next
preceding his Untie' s, or unle.s he shall have attained to the
age of forty-five years."
This Resolution was ordered to be one day on the table.

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TUE EA 'E NIN( STAR.,
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LONI)ON• •
ZII AY, FEBRUARY 19, 1922. •
STOCK EXCHANGE, ONE O'CLOCK.
The Navy 3 per Cents. opened this morning lit 104, and
Consols at 78f. Much business has been doing, and almost all
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descriptions of Securities Continue m the rise, except the' 5 per
Cents. and the 4 per Cents. The former Stock has fallen one-half
per Cent. and (03j is the present price. India Bonds also hurtle
fallen a trifle, from the report that it was intended to reds& the
interest. Consols are 78j and 791 j for the April Account,'
—Foreign Securities also are in considerable demand. Colum-1
bian Bonds have again attracted the attention of all parties by al
further rise of 12 per cent. Thew Bonds bare been sold at 96 11
to 96, this morning, from a rumour that it is intended so pay the
interest. Danish Bonds have risen nearly one per cent.be to 841.

CURRRNT PRICES:
Bank Stock 248 2471,E
3 per Cent. Reduced 79% % %
3 per Cent. Consols 78% SA NI SA
91, per Cent. 903/8 3/8 %-4 per Ct. 98% 3
5 per Cent. 104 1038/8 3/4
Bank Long Annuities 20 IA 9.16
India Stock 246—India Bonds 665. Gls. 645.
Exchequer Bills of £3,000. 3s. 4s. pre. par 2s. pr.
Ditto small ss. 7s. pre. par 4s. pre.
Consols tot Acct. 78% 3/4 ys

The French Papers of Saturday last arrived this
forenoon. The Chamber of Deputies had, on the
preceding day, still been occupied with the de-
bate on the Press, the discussion on which not
being terminated was adjourned to the next day.
M. CORAYI a Greek savant, in a letter to the Edi-
tor of the Constitutionnel, acknowledges the receipt
of 500 francs, which two Ladies had anonymously
transmitted to him, for the assistance of his unfortu-
nate compatriots.

A considerable number of Greek families are now
living at Marseilles. The females excite much curio-
sity, on account of their Lacedemonian costume.
Letters from Palermo, up to the 22d ult. speak,
obscurely, of a plot which is said to have been formed
for opening the prisons to all who had been con-
demned for political and other offences, and renewing
the events of last year. Many arrests are said to
have taken place.
The Austrian Observer, of the 7th inst. in its news
from Constantinople, states that the Turkish Govern-
ment appeared to abandon the Peloponnesus to its
fate. They laboured night and day in the arsenal to
get an armament ready to decide the fate of the Pe-
ninsula. The account adds, that discord among the,
Greeks increased ; that all wished to command, and
none to obey.
An article from Kischenow, in Bessarabia, dated
the Bth nit. says—" The Russian army is concentrat-
ing more and more in this province. All the military
movements which have taken place this month, indi-
cate that we shall soon see hostilities commence. It
is impossible to imagine the ardour with which the
troops, from the private to the superior officer, are
animated. All are impatient to free the Pruth. The
atrocities and insults committed by the Turks on the
Cht istians of the Greek Church, which is that of the
Russians, are considered as if committed against
themselves. Independent of the Russian troops,
there are about ten thousand Greeks here, who, in
the event of war, are promised to be formed into a
Greek phalanx."

This article notices the conjectures in certain jour-
nals on the acceptance of the Russian ultimatum by
the Porte, adding—m Supposing that the conditions'
of the ultimatum were accepted by the Divan, what
advantage would result from it for the assured
o'aintenance of peace? It would not advance the
question of peace, for the Greeks would remain free
to continue the war, provoked by the excesses which
the Turks would continue to commit. These excesses
then render war inevitable. It is necessary to resist
force by force, and hostilities could never be more
advantageously commenced."
French Funds, Feb. l.s.—Five per Cents. 90f.

This morning we received a Dutch Mail, bring-
ing Papers to the 17th instant. Their contents are
contradictory.
A Brussels Paper says—" Letters from St. Peters-
burgh affirm that the Emperor Alexander has signi-
fied to the Diplomatic Body his dissatisfaction with
answer given by the Divan to his whin:alum War
was thought in the capital to be inevitable, and it
was supposed that hostilities would commence in the'
course of the following month." Such is the account'
in the Brussels Paper; while an article from the
says—" Accounts from• St. Petersburgb, of
the 22d January, say that the commercial relations
with Constantinople are entirely re-established." '
Au article from Frankfort states, that important
discoveries have been made relative to the conspiracy
recently discovered at Belfort. The plan, it is said,
was to get possession of all the fortresses in Alsace,
land from them to make a grand military movement
in the interior of the kingdom I

Litters were received this morning from Batavia.
dated the middle of November, hich state. that the
cholera morbus had committed great ravages among
the Captains of vessels—more particularly those be.
longing to America. Within a lew days six Captains
of American vessels kad been carried off by this
dreadful malady.

Lady SorutA HIAv TIMM% has left town foe Ham House, the
seat of the Countess of Dysart., and will proceed from thence
to Brighton.

The Sunderland Theatre was broken into during the night of
Saturday last, and at) volututa of plays, among other articles,
stolen therrout.