Star.
London, England, 1811-05-07 00:00:00

NEW THEATRE.

On the motion of Mr. MEctisit, the second read-
ing of the London Theatre Bill was postponed till
Thursday next.

WAYS AND MEANS.
The House having resolved itself into a Commit.
tee of Ways and Means,
The CHANCELLOR of the EXCHEQUER
rose, and observed, that having some time ago stated
his reasons for funding the sum of twelve millions
loan, and of chat sum not more than £7,800,000
having been subscribed for, he had, in furtherance of
the idea which he then entertained and stated to the
House, thought it his duty to enter into contract for
supplying the deficiency upon the terms which he
then proposed, namely, to fund the whole in the five
per cent. stock. It was desirable that the Gentlemen
who had then subscribed should have the same ad-
vantage with the present Subscribers. He therefore
proposed to give those Gentlemen the option of having
for every £7O subscribed, €72. 12s. in the 5 per cents.
and also for prompt payment, 4 per cent. discount.
The permanent charge to the public would be the
same in both cases ; and it would be seen, that he had
not given more advantage to the new subscribers than
he had given to the old, for it was but equitable that
both should be on a par. In breaking the loan there-
, fore no injury would arise to the public interest,
though,previous to that time, an idea had prevailed,
that great disadvantage would accrue, and that stocks
would be depressed. Stocks, however, instead of,
feeling a great depression, had since apparently pro-
gressively improved ; and, under the idea then held
out, he judged it proper to propose the same terms as
bad been originally proposed. Having so done, and
this day being the last for receiving the proposals in
answer, and for closing, he had to state, that the Gen-
tlemen on the list who had offered, had closed with
them. The amount to be funded in order to make
1 up the deficiency, was £4,981,000 leaving a fraction
of somewhat about £60,000 of the £11,000,000. At
three o'clock on this day, the Gentlemen had closed,
taking the sum of £4,700,000 upon the proposed
terms, which the Committee would see left about
£200,000 unsubseribed for ; but that sum Messrs.
Baring and Angerstein had agreed to take. The
Right Hon. Gentleman then moved, " That a sum
not exceeding £4,981,000 be raised by Loan on An-
nuities," kc. &c.
After a few observations from SirTnomasTuaTos,
the Resolutions were agreed to, and the Report was
, brought up.

TUE BULLION REPORT.
Mr. HORNER moved the Order of the Day for
the House to go into a Committee on the Report of
the Bullion Exchanges.
.1 V.

two considerations ; -, _
a wise measure ? and next, whether its provisions! The several papers presented to the House upon
were the best that could be adapted to it ? The first : the subj.nt were referred to the consideration of the
of those considerations was that which was properly 1 Committee.
and immediately before their Lordships ; the latter : The SPEAKER having quitted the Chair, and the
House being in a Committee of the whole House,
would come more fitly to be discusseid in the Com- 1
, Mr. LUSHINGTON in the Chair,
rnittee. By the Bill it was intended to give a remu-
iterative price, such as was fair and equitable, to the 1 Mr. HORNER rose and observed, that before he
entered into an explanation of the subject to which
corn grower ; and that the price was found to be fair
he was about to call their attention, it would be nee
wain manifest, in the fact that both parties objected to
i cessary to state that it was his intention to separate
it. But there was nothing new or experiment: in the
: the consideration of the last Resolution from the for-
measure. It was only the same as had frequently been
mer ones, because the former Resolutions embraced
brought into practice. It was on a principle of regu- •
I and embodied what appeared to him the causes and
lation, a principle going not to restrict, bat to unbind.
effect of the scarcity of Bullion ; which having done,
If he considered it as being injurious to the agricul-
total interest, he would at once reject it, but it was a the last pointed out what, in his judgment, would be
best adapted to remedy the grievance, and which he
measure at once of expediency and justice.
proposed for the Committee to agree to. He was the
Lord GRENVILLE objected strongly to the de-
structive principles laid down by the Noble Secretary more inclined to do this inasmuch as there were many
opinions on the subject. Those who differed irons
of State in separating the principle of the Bill from;
the detail. Instead of the Incisor of holding out a hint essentially would be better able to come to a con-
clusion upon his propositions, as by separating them
fair and equal competition between the agriculturist
they would be more distinct. With this determina-
and the sugar grower, it gave a bounty to she latter
to enable him to drive the former out of the market. tioa, he intended to state fully the view which lie took
of the subject in the first instance,and then to propose
The boon held out to the sugar grower was ex icted
the whole of the Resolutions, with the exception of
from the agriculturist, and was at best an instance of
. the last, which he, should move distinctly. Having
the trite adage robbiog Peter to pay Paul. He con
premised thus much, be should now proceed to the
demned the interference of Parliament with the sub.
consideration of this important subject in all its bear-
ject at all, and instanced the fatal effects which at an
early period of the Preach revolat,ion bad resulted' ift logs, giving ta it all that attention; and stating all
i