Star.
London, England, 1819-06-03 00:00:00

INSOLVENT DEBTORS' BILLS

Lord ALTHORP moved the second reading of the
Insolvent Debtors' Bill.

Mr. Alderman WAITHMAN expressed -his full
concurrence in the principle of the Bill, which was
founded on the Resolutions of the Committee. The
Bill, he said, was of great importance, not only to
the trading interests of the community but to all
classes of the inhabitants of the country. He then
entered into a review of the defects with which the
Bill intended to be superseded by the present was
chargeable, and stated that during four years persons
were discharged under its operation for debts amount-
ing in the whole to four millions, out of which the
creditors received only £60,000. After vindicating
the Petitioners against the charge of opposing the
principle of the measure and objecting to that enact-
' ment of the present Bill by which certain free were'
to he continued, he concluded with expressing i
hope, that the present measure would afford relief to
unfortunate debtors, while it gave security to eredi.
tors against fraudulent ones. Above all things he
trusted it would be found to hold forth an induce-
ment to persons who were in a state of embarrass.
meat, to come to some arrangement with those io
whom they were indebted, rather than go into Ow*.
Mr. CALCB AFT, as one of the Members of the
Committee, expressed his surprise at the course
adopted by the worthy Alderman, who had confined
his observations to the defects of the former Act, in-
stead of considering the enacttnents of thergea,sure
by whidi iewas to be succeeded, Tile etprthy Al-
derman' had brought into the }louse the.fame Spirit
of erimination by which his conduct was masked
through the whole progress of tkd ,invo.,tigatiop by
the Committee, In his rancour against the exist' 'pa
Act, he 'seeitied ' to' be blinded tothe advantage;:4
that which was 'to come. But the principle of boat

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Aits ttils Ate 404,0034,4 OR* i),44 int,ndea
to remedy the' dire Cit 7Jf soine 4f.the ,previous. e.nact-
ritentn For his own part,ithough he objected to the
taking of fees by thlt CoMmissionfts, he thought that
the subordinate Officers must be paid either by fees;
or by some other means: He.initanced the °Mee of
the Chief Clerk, whose whole tinit was occupied in
the business of thitourt. His salary was only 4:400
a year, though, with the addition df fees, It amounted
to about 4:1200. Btit these were subjects or detail;
which would be bat Contidered in the Committer.
He also objected to the appointment of three Coin=
missioners, instead of One, Which he thought an un-
necessary etpence.
Mr. J. SMITH agreed in the general opiniph as ttl
the defects of she present Act; and thottght That the
Bill now introduced would be producuve df great
benefit to the community: •
Mr. WAITI-IMAN repeated his assertion. that hi
was always friendly to the principle. of. the Bill.
Lord ALTIIORP suggested, that if the Bill *at
'read the second time that night, it might also be
committed, prdfurma, for the purpose of filling up the
blanks, the Report might then be printed with a vievr
to its being taken into further consideration on Tues-
day.--The Bill was then read a second time, and
committed, pro.firmai and the Report was ordered to
be takeeinto further consideration on Tuesday nexu
CASH PAYM FM'S.
_ _

. Mr. PEEL moved the second reading a thE igili
founded on the Report of the ComtnitteE for the Re-
sumption of Cash Payments by the Bank.
Mr, ELLISlave, notice, that h)si should foo*.lit
lei
the Comniitfee eh-Amendment to this elfeft, Ilse
Bank shotild from the iiionilY CeoCttilier, i , y
,their notes in gold, at the rate Of 'a 17i. 1 or
, • -
in the current coin of the Realm.

Mr. GRENFELL• observed, that is dog
signed by the Noble Lord (Clstlerevii). tp.a font*.
discussion, accounting for the setection'of tIU fit of
February by the Committee', in, preference to the Ist
of March, April, or May;fbr the Restimption of Cash
Payments by the Bank, had given rise to different
statements, it was of importance that the Publid
should be set tight in this id petit. He therefore
hoped• the Noble-Lord would have no ohjitctioh to
repeat his statement.
Lord CASTLEREAGH expressed thiptlie that
his statement should hive been niiitstiderstood: Whitt
he had said was, that the Committee hid recom,
mended the Ist of 'February, in *preference td the
other periods, least the Public should be led.to sup-
pose that any 'further 'extension of the red:Hail's'
measure was contemplated by Parliament; It' was
sufficient to destroy any illusion of this kind, re-
flect, that as Parliament met in the month•of
nuary, there would not be sufficient tima to revive
the Act, except it was done with such precipitation
as could only be justified by circumstances rather of
speculative than of probable difficulty.
Mr. GRENFELL thanked the Noble Lord for his
explanation, which be thought it of great importance
that the public should understand.
The Bill ivas then rend a second time and order 4
to be committed to=morrow.
.Sir J. NEWPORT gave notice of a motiob tbadbellßlf
(this day), with regard to the additional fume received by did
'lrish Post-office since the establishment of Packet,' between
.Howth and Holyhead, and between Dunmore and Waserfwllv
The Sunderland Navigation Bill was read a third time ,and
passed:
Tor Parliiideevs' Evedeete Terwal teas a seethill nint;'artti
ordered to be committed on Monday next. . ••••.
Mr. LUSHINGTON presented Accounts of the great us
null Amount of Stamps, and the number of Licensed Stab in
Scotland.—Laid on the table:

TMr. BANKS
conceiving that no public busineill *oa r!
transacted to-merrow and probably the day after, rnegved-tbat
the Ballot which stood for Thursday, be postponed tab/Ali**
day, which was agreed to.
The Church Benefice Bill went through a 41,47014
Report was received, and the Bill ohlefid to li 0b
time to-morrow.

Mr. HUAIE presented Petitions from Imietp7 mid Abeic
deep against the Bill for regulating Scotch Bargapr—affisfOli
- •
to the Conatnittee.

The other Orders of the Day being diariitd of,' thr NOW
adjourned about One o'Clock.

PARLTAbIENTAPLY PAPtR.
•
RECEIVERS-GENERA I.:
The Receivers-General of the Land and Assessed Tato% il6
are paid by a poundage of two-pence in the Pound upon the
Land Tax, and of the penny hilfpenhy on the. Assessed Taxes:
In addition to the usual rates of pbundage upon the Land sind
Assessed Taxes, the Receive ts-General of the several Counties la
Wales, and also of the Counties of Monmouth, Clantherhadsied
Westmorland, receive a fortber allowance at the rate .of three-
petite in the pound under the head of. Coirdect Monet„whir.n
allowances were directed to be granted to them on accebint of
the great expense of travelling, and the small anaountof 'their**
cetpts. Mr. Everett, the ileceiver-General of the Assessed
Taxes for part of the County of Middleset, in coasideratioo of
the large amount of his receipt, does not receive any poundage,
but is allowed the sum of £777. 14s. 10d. for the annual ex-
penses attending the eteeaeion of his office; and the Receiver.
General for Scotland receives a fixed salary of £2;000 per &sleuth
in lieu of poundage, with an annual 'allowance for the salaries of
Deputies anal Clerks, and for the incidental expenses and' cen-
iingent clrargela nttending the execution of his office, by both of
which regulations considerable savings haveaccrtted to the Public.
Previous to the close of each Quarter the whole of the Ba-
lances in the bands of the Receivers-Gesiaral are reduced to a
certain limited sum, in no case exceeding £6,500 (extept under
special circumstances, such as are stated in the Account). Thi's
Balance the Receivers-General have usually been allowed to fez
min, to enable them to answer any demands which may be made
upon thefts for the Public Service, pieviotts to the commences
meat of their receipt for the subsequent Quarter; but it is cond.:
dered that some emolument may probably arise tb the Receiveni
General from the use of a patt of this Balance, although sire have
no information as to the amount. The moniesarisingfeom Lan&
and Assessed Tales forming part of the Consolidated Fund, not
being available to the Public Service till the close of the Wart( rs
the Receivers-General are therefore required ily,the Acts of Par-
liament to-pay the monies arising from the said Du4ttes into the
:Rachi4Plefs previous to the close of the inserter i* which the
same have been received. It is presumed that some advantage
may be derived eithei to the Itecekver-General, of to the Bankers
or Other perscas etnplated as his Deptities or Agents, from the
ose of the money between tile tithe of receipt and the period
when the payment, ate made into the Exchequer, previous
to the termination of the. Quarter ; net there are nb means of
forming an estimate & the amount, which lutist of course vat t
h.
lIIC.ki every
otherinel hand, the Receivers.fifneCal lie subject to wry'
ainsidefable disbursements for the paythents to their Deputies
and Clerks, travelling, and other Incidental charge% ula going
through-their several Countiesand Districts, upon their receipt%
the Ramps, fees, and expenses upon their Commissions and
Bonds, and the fees and expenses attending the auditing and
passing of their Accounts. •
Receivers- General are authorised, by the Aft of 41td Gee. 111.
cap. 99, see. 48, to appoint a Depety or Deputies, giving notice
thereof to the Commissioners of the Districts, and by that and
subsequent Clauses of the same Act, and by subsequent Acts,
the Deputiveare authorized to remit* and give their receipts for
Taxg% under the responsibility of their respective Principal% ad
do other acts necessary in azcountilig fot the sane, except
that the Receiver-General its person it sequined by the practice
of the. Court of Exchequer to depose tb the truth of their Ac-
counts yearly on the final p.is.iuk; thereof.

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7fillif-EVENING STAR.

LONDON.

THURSDAY, JUNE 3, 1819.
THE FUNIIS.
TRICE OF STOCKS THIS DAT AT ONE OtLCCK :
Bank Stock 216..!! 217 2168
3 per Cent. Reduced 6.5f1i.
3 per Cent. Consols G5l 6611
per Cent. 73-H-1
ner Cent. 848 84 85
5 per Cent. Navy 991 100/ •
Bank Long Annuities 17 3-16
India Stock 210 200 210
India Bonds 6 4 dis.
Exchequer Bills (2d.) 1 dis. 1 pre. pat
Commercial 31. discount
Consuls for Acct. 653 66i1.

No doubt is entertained at the Stock Exchange
that Thirty Millions will be the amount of the Loan.
The Stocks had been so well worked down, that the
avuouncement of the Loan has had but little effect
on their price: indeed tte certainty of the Loan has
nut been doubted for some, time, and therefore all the
engines of money-bargaining have been so effectually,
at work to prepare 'for it, that little change could
now be expected. The Commissioners were gerved
in the Reduced by the House generally, at 6.5 i.
Immense Accounts had been carried over to this
day from last settlement, and large quantities of
Stock were wanted fo make them up, which has
helped the price. •
In the City there is much demur at the communi-
cations now known to have been made by the CUAN•
cELLOR of the Excimauen 'to one or two individuals.

Yesterday, between three and four o'clock, after
the STAR was at Press, the expected Message from
the FIRST Loan of the TREASURY was announced by
Mr. Hnse, of the Bank of 41England, to the Gentle-
men of the Stock Exchange—that the CHANCELLOR
of the Excn MUER will be ready to-morrow, by twelve
o'clock, to meet those who may be disposed to offer
terms for the ensuing Loan. . .

The same subject was brought into discussion in
the House of Commons, on a motion being submit-
ted, by the CHANCELLOR of the EXCHEQUER, that
£8,599,600 be granted to pay off Exchequer Bills outr
standing and unprovided for in the present year.
Mr. G RIO:FELL, without objecting to the motion,
again insisted upon the expediency of subscribing the
Sinking Fund, amounting to about 15,000,0001. to
the Loan, and repeated his inference from papers
on the table, that its application to the Public Ser-
vice, in the years in which the four last Loans were
contracted, would have produced to the country a
saving of 6,000,0001. The Hon. Member further ob-
served, that he had heard it reported, that the CHAWO4
CIILLOR of the EXCREQUER meant to propose a Lean
of 30,000,000/. and had communicated the amount of
the Loan, which he intended raising, to one or two Locns
Contractors and to thy: only. This he should consider
a calumny upon the CUANCELLOR of the EXCHEQUIA
until he heard it avowed by the Right Hon. Gentle-
man himself. The CHANCELLOR of the EXCIIEQUICIt
said, he was necessarily obliged to communicate
with individuals in the City, but that he had given
no pledge which would deprive the Public of the be-
nefit of applying the Sinking Fund, if it should be
found expedient ; and that he had only consulted
those individuals upon the question, whether a Loan
of £15,000,000, which would meet the deficiencies
of the year, or a Loan of £3O 000,000, which should
cover this year and the next, would be preferable
for the country ? From this.we infer that there
will be a Loan of £30,000,000. It is exceeding
likely that the Contractors whom the CHANCEL-
LOR of the Exuma:Eß consulted in the simplicity of
his heart, would recommend the larger Loan, and
if he also asked advice from the same disinterested
quarter as to the expediency of applying the
Sinking Fund, it is equally probable that they ad-
vised him to ab,tain from touching it. Upon
the retaining this Sinking Fund intact there is
now but one opinion among those who have consi-
dered it. There is not one rerson, not influenced or
interested, who does not see in the Sinking Fund an
expensive and gross mystification. The communica-
tion of the CllAxcELLon of the ExorrElauna to !‘ one
or two Loan Contractors" gives those at unfair ad-
vantage over the other Contractois: for it is evi-
dent, that two will not venture on a Loan below
£30,000,000. The Cu.% NcELLoR of the EXCHEQUER
moved that the house shobld resolve itself into a
Committee, this day, upon the Revenue and Expen-
diture. His intention is to propose certain Resolu-
tions to stand over for discussion on Monday. The
Budget is expected on Wednesday—and 'the Excise,
Customs, and Assessed Taxes, are the veins dui:R*l[h
which the Right Honourable Gentleman threatens to
•
let the Nation blood.
It will be seen from our Report of Proceedings in
the Houk of Commons, that the Navy and the enor-
mous Ordnance Eitimutei were agreed to, after hav-
ing occasioned sonic discussion, from which we can-
not but draw this infarence—that our national er-.
penditure is not to be reduced—that useless places
and pensions arc to be continued, and the means to
pay them to be v. rung front the People by new taxes.
How long is this c) stem to continue? is the ques-
tion of every real fricnd to his cbuntry. From pre-

sent appearances, urel every effort to increase the
revenue, by flew taxes, prove unavailing; nor is the
day so, distant as some may try to persuade them-
selves, A given number ot" people, labouring
given number of days and hints in the year, can
only bring into the cornmott stock a given quantity
of convertible products of industry. It is with the
industry of a nation as with the labour of a horse;
you may load him till he fall down with the weight:
or you may for a few days increase the size of your
own loaf, by stealing a portion of your own horse's
corn; but— Well, what then ?—Nothing more:
a fool can supply the rest !

It is reported, with more than the usual confidence
of a mere rumour, that a change of some kind is
contemplated among Ministers. Mr. PEEL, it 'is
said, has been solicited to take on him the office of
Chancellor of the Exchequer : and Mr. PEEL, it is
likewise asserted, refuses to take that office separa,ed
from that of First Lord of the Treasury. The result
will; probably. not be known till the business of the
Loan and the Budget shall have been disposed of.
. It was announced at the same time, that one of
the Bank Directors had been desired to attend the
Cunnext.t.tnt of the Excnxotran along with the Bid-
!Skrs for the Loaa ; and from this it is inferred, that
an Amster will be obtained, in their hearing, to an im-
portant question, namely, Whether the Bank will take
in the Omnium or not?
; Jt is reported, that a kind of compromise has been
come to by the CHANCELLOR of the EXCHEQUER and
certain leaders among the Landed Interest, the result,
of which is, that they are not to oppose an additional
duty on Malt, if the Minister will give them a pro-
tecting duty against foreign Worl : but reports vary
as to the. amount of this Tax, some stating the addi-
tion at 6d. and others at Is. per pound

PARIS, MAY 29.—(From our own Correspondent.)
" The Minister at War, Marshal Gouvrow ST. CYR,
is going to the Baths of Carlsbad, therefore all doubt
as to his remaining in the Ministry is at an end. Who
will be his successor? This neither the KING nor
Ministry are yet agreed upon. The Marshal was an
excellent General; but rumour states that he carried
the manners of the Camp into the Cabinet, and al-
ways seemed to fancy that he had the Marshal's staff
in his hand. resides, he was no politician; and the
want of knowledge cannot entirely be atoned for by
honour and rectitude of principle. His retiring from
the Ministxr will be followed by few regrets; for his
disciplinarian ideas, which some called harshness and
severity, obscured his other brilliant qualities. The
Ministry has had several trials of strength in voting
the Budget, and has uniformly had a majority.—
Baron Lours is the worst treated : his implacable
enemy is M. Roy—
' Tel brillc au second rang qui eeclipse au premier !'

_ .
As a Minister, M. Roy was null ; as Reporter of a
Committee of Finance, he is excellent: but he forgets
that there is no wit without truth, and he weakens
his own cause in chewing that passion, not reason, is
his guide.—The Emperor of Austria, it is reported,
is determined on taking possession of certain fortresses
to which he has only the right of the strongest. I
will not repeat the remarks to which this gives rise
in Paris."

A Hamburgh Mail arrived this morning, bringing
the Northern Journals to the 25th. ult. The follow-
ing is an extract :

GOTTINGEN, MAY I!.

Yesterday his Royal Highness the Duke of Cla-
rence, accompanied by his Duchess, honoured this
city with a visit. To gratify the people, who thronged
in crowds to meet them, their Royal Highnesses'
alighted from their carriage at the gate, where they
were reoeived by the Magistrates, and walked on foot
to the Inn. .His Royal Highness had, indeed, de-
siered that no kind of ceremony might be shewn; but
his great popularity and the general regard which he
enjoys, would have made it impossible to suppress
.theexpression of geneial joy at his visit. 'The Duke
was never before in Gottingen, and it was, therefore,
particularly interesting to him to see a place which
was once the residence of a branch of his family,
namely, of the Dukes of Gottingen, in the Old House
of Brunswick, where his brothers once studied.
This was easily remarked s' hen he viewed the cu-
riosities of the University, the ;Library, the Botanic
Garden, the Observatory, &c. In the evening great
part of the town was illuminated.
His Royal Highness was pleased to accept the Di-
ploma of Doctor of Philosophy. This morning the
Duke left us, on his way to Cassel.

Tina Dueness or Kra.—We are happy to state,
that the Duchessof KENT is going on extremely well.
Her Royal Highness sat up for some time on Tues-
day. Yesterday the following Bulletin was issued:
" Kensington Palace, June 2,191 P.
" tier Royal !tallness the Duchess of Krar is advancing
rapidly in recovery. The Hord Lame continues to do well.
(Signed) "J. WILSON. "D. D. DAVIS."
The Duke of Ynni transacted military business
with the Patrick.. REGENT yesterday.
The circular invitation to thefriends of Ministers to
meet Lord CASTLEREAGH on Monday next, is the
most pressing of any preceding card of the kind. It
is signed 11y Lord CASTLEXEACH himself, and re-
quests their company to hear a proposition that is to be
sebmitted to Parliament, of the most impoitant kind.
It is understood that this alludes to the Taxes that are
to be brought forth out of the Budget.
We learn from ur.doubted authority, that Messrs.
METER and Baal N r.a, of St. Peteriburgh, have been
authorised by his Imperial Majesty to nezociate in
this country a Loan for Ten Millions sterling; they
appear to tis t* have chosen an inauspicious mcment
for their financial operitions. while slur own Minis-
ters are, at the same time, pre:sing heavily on rho
Money Market.

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