Star.
London, England, 1816-05-04 00:00:00

i.

'posed to be inserted in the preamble of qs• Bill as a
!__
snalcsent direction for that purpose.
. A pause ensued ; and then loud and repeated cells
fora Mr. Manning."
Mr. THORNTON contended, that no individual
Member ought to be required to gixe his opinion of
the eunslruction of a _clause in an Act'of Parliament ;
and proceeded to argue, that the best mode of return-
ing to a money circulation, and not profit, was the
object of the Bank in this question.
Mr. HORNER said, that he had not mulled the
opinion of the Honourable Gentleman who had just
spoken, but of his Honourable Friend, •to whom he
repeated hip question. •
The call for " Mr. Meaning" was again loud and
long, and fruitless.
Mr. HORNER...." I hare pot a question to my
Honourable Friend, to which he has not thought
proper to give any answer ; I will now put a question
to which any man who hears me. can find no dirt.
~culty is answering—ls not all this perfectly intelli•
rgible I—(lliar, Rear, Near I)
The motion was then agreed to, and the House
having resumed, the Report was ordered to be re-
exived on Monday.
Lord CASTLEREAGH moved the second read•
ing of the Alien Bill, but at the suggestion Alf Mr.
BARING, consented to postpone it until- Wednesday.
The House. went into a Committee on the Irish
Assessed Taxes, when several Resolutions weteagreed
to, and a Bill-ordered to be brought in in pursuance
bf them. •
• Mr. PEEL. brought in a Bill to secure the Fees of
the:Clerk of the Pleas pf the-Court of Exchequer in
Irefaod, while the right*of appointment to that office
was in litigationr—Tiiißill was read a first time, and
ordered eo be realm, second time on MondiY.
The Parish Apprentice Dill was read a second time, to be
committed on Monday next.
• The tither o.ders of the Day being dispAsed of, the
House adjourned at twelve o'clock till Monday.

THE EVENING STAR.

LONDON.

SATURDAY, MAY 4, 1836.
PRICE OP STOCKS THIS DAY AT WELVE O'CLOCK:
Reduced eO —Cons. mo. 62f —for see. 622
1 per Cent.7.4i—S per Cest. Ml—Donde 41. Si. pr.
Om& 114...Ezeb. Bills Is. 41. pr.

Last night Lord CasrutaxAn% after a very ap-
propriate speech on the subject, moved for leave to
bring in a Bill for the better regulation of the Civil
List. One prime object in view is so to arrange the
matters connected with this system, that all false and
mistaken views may be removed from the public
mind. It is certainly true that nine out of ten (pro-
bably a much greater proportion) of the community,
imagine that the total charge for the Civil List is ex-
pended in charges created by-the splendour of the
domestic comforts of the PAINCZ RIUMNT, whereas
by tar the greater portion is actually voted for, and
expended on the public service. It would certainly
he better that all expenses for the latter should
be completely separated. It will theta be seen
that though the expenses of the Sovereign have
eateded the sum appropriated, this excess has
been much less than most people imagine ; and with
this the unusual calls for splendour within these few
years ought to have due consideration. In one word,
tbnugh for several years a certain nominal sum was
appropriated to the expenses of the First Magistrate,
it most be recollected that its real value was at least
one-fourth less than its nominal; and it must also be
recollected that this difference could not be compen-
sated by using any of the means enjoyed by other
membets of the community, to enhance the value of
their property.

Our argument will be best understood by thore
who have paid proper attention to another subject,
which was* also last night before the House—The
effects produced by the Bank Restriction Bill. A Bank
Note as promise to pay on demand a certain quan-
tity of gold or silver : when it will not command this
quantity it is at a discount—nor will it then buy as
-much corn as the quantity of gold which it promised
to pay will buy in the market. We are aware that
some maintain that the Bank note, in such a ease,
has not sunk in value, bat the gold risen in price :
but this is only to say in other words that the pro.
mise to pay has lost its credit, which it certainly
has when it cannot be enforced. Had gold risen in
other countries as in England, there might have been
something specking in the argument that paper had
not been depreciated ; but at filambergh, Rotterdam.
and other places on the Continent, when gold was
here at its nominal high price, t4e-price remained the
same as before, while Bank Notes cotdd not bead
for more than 15s. 141. or 13s.—Now all this differ.
' nee operated as a real reduction of the Mud vale:
of the =missal allltOWli of the Civil List.—All this dif-
ference, instead of gob,* to supporttbe spkadoar of '
the throne, has gone to create Mann to the holders
of Bank Stock, and to increase their dividends I

We are happy, however, to see something like i
disposition in the House to tie the Bank to a day, be.
yond which it should not defer its payments. in cash.
Two years is the time and on,-.ad pe isapr, for pre.
mires to pay ON DEMAND, not being binding cries
issuers of Notes. We hesitate not to say that the pc
iiod is, by far, too remote t and that tbere is great
danger that, before that tulle 'arrives, new excuses
will be found for procrastinating the term—especially
if no clause shall be introduced into the Bill prohibi-
ting any farther division of psofith whether u n
kiNe, or by an increase of dividend, tat ofter.Pn7-1
meats in cash shall have been resumed..
We cannot refrain from-again pressfig bn.tho at-
tention of oar Readers, and particularly Members of
Parliament, the Bill which is to be submitted thettt,

ai