Star.
London, England, 1815-06-14 00:00:00

PARLM MENTARr PROCEEDINGS.

HOUSE OF LORDS, JUNE 13.
Mr. Boonnist. from the Commons, brought up the Irish
Spirits License, the Irish Excise Pains Duty, the New Post-office,
end oilier Bills, which were read a first time.
The Irish 'Fanners' Bill was read the second time, and ordered
to be committed.
The Exchequer Bills Funding. Lord Nelson'S Estate, the Irish
Promissory Notes Stamps, the Irish Goods importation, the Irish
Newspapers, the Irish Profecutors' Charges, tile American Tim-
ber, the Foreign Vessels Exemption, and the Irish Stamp Duties
were read the third time, and passed.
1 he Or.!er for discussing the Pillory Abolition Bill was post-
poned to Monday next.
ChtiAie's Divorce Bill went through a Committee.
The Earl or WES !WORLAND presented a Petition from
the West India Merchants, against the importation of foreign
v(1.1 into the West India Colonies, and praying to be heard by
Courktl.--.Agreed to.—A.ljounrsot

• HOUSE OF COMMONS.
:Mr. Tle-rcuistaots brchight up an Account sidle amount of
ts in cireteadon far the three years ending the .sth of
OP, art.l rhe three years ending the sth of April, lola.
()tar' ea to be on the table, and to be printed.
;Mr. R. SMII II gave rotlce, that on Friday neat he world
m.• v.• that there be bid be ore the House a Copy a the Corre-
p respecting the I,land ,)f Bale&
1 '),. Report sit the Pooritotiso 11111 was further considered, anf.l
cra,.r...; to be read a third time to-morrow.
"I t.r 14-.titUrJri.l Jury bill was read a ucond time. and ordered
to t•e -..outnutt eel to-morrow; as was the Irish Zipzit kegtilayon
on Islit”',.l.ty neat. The Irish Paper Regulation Bill was
Crti:!,..l to he reis:nzed to-morrow.
Mr. V. El I 7:GERALD obtained leave to bring in a 818 for
the erection of an Asylum Harbour in the Bay of Dublin. He
I'z:roe,' leave to bring in a Bill to amend the Act prevei.t-
i.•° icit DiAtillation iu irelan.i.
I I.:: Celttcu Alunisfact urers Apprentices Bill was real a second
Cate, corvidreed, the Report received, and ordered to be taken •
ntio fin thLr consideration on that slay three months. 'lhe
was ordered to be printed.
Ibe Population, the Wilt Richmond Asylum, and the
et•y of London Courts of Justice Bills, were read a third time
assed.
• Mr. PBEL moved the second reading of the Irish Master of
tie Rolls Bill, which, after a few abservatioits from Mr. BLAKE,
Nlr. Hoe N za, and Mr. Plisse NET, was ordered to take place
on I hursday next.
:the Report of the County Bridges Bill was taken into further
eon ilJeration, and the Bill ordered to be read a third time to-

morrow.
S:r JOHN NEWPORT postponed his notice respecting the
Ale email :tight of Fishing on the Banks of Newfoundland till
• Tharsday next.
Mr CR OA ir.R obtained ]cave to bring in a Bill to er.able his
st Ito acquire ground for the erection of Telegraphs and
. I'l I.I.P.NEY thought the old ground quite sufficient, for
on it the Telegraphs worked with barmier.' accuracy and dis-
atl she last war. He Whited to know what the expense
ss trill be?
Mr. CROKER said, it was hoped that the 1-me ground which
was used la.: war would do now. He believed that the ;tut of
:italic of those stations exceeded XA a year.
The turnpike 101 l Ahattmein. Bill went through a Commit-
tee, was trported, and ordered to be taki.n into further cuuside-
ritirn on .Montlay net%
The Pauper Removal Bill was re-committed, and received
Ferrel amendments.
Mr. F..1.E1k IS iald, this 13111 would effect so important a re-
gulation as to the poor oc the country, that he thought it should
be printed, in order that it migit be perfectly underatood; and
. that it &Amid not be pressed through the Houle during the pre-
sent Se;sioti.
Sir E. BRYDCES refuelled, that the Bill had already receiv-
ed a; tuna censiderailon as was necessary.
• Mr. C. BARCLAY hoped the Hotiourabk Baronet would
c^,n eta to po-tpoue this 1111 cavil nest Session. otherwise he
re.u.t oprse it altogether.
1.EW13 moved, that the Chairman should then leave the
Chair : which was earned in ti a :Armadas.
Mr. BIN NE IT made vime observations as to the War. of
Medical attendance in the pots of the metropolis.
•s
%Nit Or ENGLAND.
Mr. GRENFF.LL said, it had never been his in.
t!ntion to ioterfere with any engagement which the
hurl evhlic fu entered into with the Bank of Englan4
although the Act on that subject 4aa expired in
Api it tag!. His object was to offer some matter of
fist resolutions to the house, as a foundation for the
setter disposal of the public deposits in the hands of
the IS ink, to be brought forwarl in the next Session.
lie had no hostility towards the Dank Directors in
the Resolutions he was about to move. He took the
stun of the poklie money now in the hands of the,
11. ink to be, as it was in-1807, no less than Eleven
; and, consequently, that the public paid
it 500,000 a-year to the Bank for its very limited ser-
vice. But the fact was, that down to 1814, the amount
di public deposit in the Bank was 411,900,000.—Hi5'
Ohjeet was to innk‘k the balance in the hands of the
Bank available and productive to the public, There
were various modus by which that might be done, if
the Bank would cordially lend itself to that opera-
tion. Oiie was, th'at the Bank should immediately
advance to the public a part of those dividends,
► ivitfiGut interest. The other was, by allowing a mil

Van only ;o remain in the hands of the Bank, which
w4AJI4I be a most ample remuneration for its services
to the public ; all the remaining deposits being then
made chargeable with interest to the public. The
Bank had so increased its issues of paper currency,
that it acquired an additional profit of £BOO,OOO per
• alintim. tie then moved a stria gof resolutions, pur-
porting, that the public deposits in the Bank ought
to ;:e made available to the public service,' when the
engagements now subsisting between the public and
the 'Sink hill have expired.
lc CHANCELLOR of the EXCHEQUERI
'P
011 ,;!it it impossible tor the House to come to a dr
una ti.is string of Resolutinos, without sufficient
ttine bin alh•wed for considering them.' He con.,
si.iei ed the libnourable Gentleinan's statement as
greeLly itiug alt. advaltages derived by the
B.i.ik froM the deposit of public money. If he con-
r..2ered that the Bank only issued their paper for
theii own emolument, he might agree with the Ho-
n' iv-Able Gentleman. But these balances were
iodg.:d in ti:e Bank for the security of the publit.'
.ne.e was no doubt many Bankeis would be found
OA to receive a dep 'sit of eleven millions on any
terms, Intl would the money be equally 'Secure with
Them as it was in the hands of the Bank t It would
he his duty, iii a few days, to bring the subject of the
Stamps on the Bank issues before the House; and
he hoped tube able to do so in a manner satisfac-
tory to ail parties: Be proposed that the Wnourable
Gentleman's Resolutions should be adjourned for
consideration till that day se'nnight.
• Mr.' PONSONBY did not rise to oppose the
amendment, but only to say, the Right Hon. Gen-
.deinan had mistaken thla motion and object of his
linnourabie Friend.' He appeared trithink his Hon.
Irina 1)44 made a •charg<mainst the Bai.k.' • His
j-foriourabfe• Friend had brought •forward no such
eharge.;--(Hear,' heer.)• lift'itut only said an WOO.
vident bat hire hid been mat*between the Bank and
the 'c0ttaiq.....(114:4 Star)Tbia waa no charge
*joint the Back; but it was a nags 'why that bari.

gin should be retoss;dered. He weed that moll
time was necessary to. enable the House -to decide
upon the question with advantage.
The CHANCELLOR of the EXCHEQUER
contended that the Honourable Mover's statement
did imply a charge against the Bank for having im•
posed on the public.
Mr. GRENFELL denied that he had meant to
insinuate any such.thing.
Mr. ROSE had no hesitation in admitting that this
bargain might require revision.
Mr. TIERNEY said, from the doctrine of the
Honourable Gentlemen opposite, it was to be inferred
that there was no other resource but to assent to the
terms of the Bank of England, and that so far from
finding fault with them for taking so much, we ought
to be obliged to them for not having taken more.—
(if loud laugh.) Certainly private bankers could be
blued who would do the public business at a much
lower rate, and he had no doubt the Hon. Baronet
opposite (Sir William Curtis) would be ready to
jump at a much worse bargain— ( Haugh.) He knew
the unpleasant situation this motion placed the Chan-
cellor of the Exchequer in, and he regretted that he
undertook to manage the affairs of the Bank; he
would rather the Bank Directors should speak for
them,,elves; but they would not—indeed, it seemed
to be the resolution of these Gentlemen never to open
their lips, unless to gain something by it.—(4 latigh.)
He knew what an influence this union of the Chancel-
lor of the Exchequer with the Bank had produced—
he knew that the meeting of that House depended not
on the Chancellor of the Exchequer but on the Bank
—the Bank could command the money mat ket. and
the Government could not go on without it—(Hear.)
The Bank, in treating with the Government, did not
exercise all the generosity which had been described;
it made the best bargain it was able to make: He
did not wish to give offence, but liberality and fine
feeling, and all that, were but little known on the
' other side of Temple-bar—(A laugh.) The Chan'
cellor of the Exchequer could not alter the bargain,
but the House could. He had no objection to adjourn
the debate—the Resolutions would in the course of
the week get into the hands of Members, and he
hoped the House would have the answers of the
Bank, and not 'of the Chancellor of the Exchequer,
and though the Bank Directors might be determined
not to speak, he hoped they Would write for the House.
The CttANCELLOR of the ExcuEQUEli and Mr. Rose
explained.
Mr. HUSKISSON contended, that the bargain
made with the Bank in 1808, was as good as then
could be made for the public advantage. It was not
without great difficulty that the Treasury obtained
from the Bank the loan of three millions without in-
terest, for carrying on the war.
Mr. THORNTON defended the conduct of the
Bank in making this bargain. He contended, that'
in all the loans -made by the Bank the Government
had the hest terms. •
Mr. GRENFELL had no wish to make inquiry
into the private affairs of the Bank ; but he did
consider it to be the duty of the House to make in-
quiry, frem time to time, into the situation of their
balances, and to see that the interests of the public
were properly attended to. He contended, that the
Bank made as much profit upon the Bank Especial
Notes and Exchequer Bills, locked up in the chests
of the four Tellers of the Exchequer, as they would
do it those Bills were actually deposited in the Bank.
He contended, that the Bank were deriving a yearly
profit of £BOO,OOO from the operation of the Restric-
tion Act; and, taking this into consideration, he
thought it would become them well to act towards
the public, in other respects, with more liberality than
they seemed inclined to do.
Mr. FORBES wits happy this subject had been
brought before the House; it was one that &served
consideration. One circumstance, in particular, called
for investigation, that was—the composition which
they paid in lieu of Stamp-duties. The Bank only paid
ae14,000 a.year on their RI notes ; whilst, in pro-
portion to what country Banks paid, they ought to
pay 4160,000.
After a few observations from Mr. Mst.t.tstr, the
further debate on the Resolations was adjourned to
this day se'nnieht.