Star.
London, England, 1826-03-09 00:00:00

Mr. SAVING thaughttheAluttationiihich had been
suede in the law of Mt 'chant and Factor would be pird-
dactive ofireatadvaugige. BM Uotwithstandiug tisk,
.
••4041A • Melt 130, i cleat reasons assigned fee the
' • 911INCteg ilk a Hill 10 c bane the time at which that agitra-
..bignishruldt fate effect.- •He regt Cited ttat - anillela
;': ahowlehave beet` permlt.ted pa when the Act firit
."fW hr .g riiideied it untipiiiinry. But when the .
soR wenk•to aisethvir placcoisebighest kgw.authority in
the'kitigdom declaieetthat
.nottee. of the change ought
to be wet), nit 4 ini.viakitt.Oittn.r the operation of the
Isit/fli. 4.•7406101A/*.d Ailifsl:tbe'l i 0) of nestOctober..,,*
raF wrousit admit, that in- his opinion .that scruple *as
not well founded; 'having sanctioned such a scruple-of
conseience, tb"depot *born it now because 'they were
placed in a sitpetion of 'diary% would be acting upon
4 galWitt*inle of. Legislation. Neither did be see the
arivairwiiiiih the Bill now proposed to be brought
'lilt; grog'ilre teethe Bank. If .any loss occurred to them
'friSwi'llti*, Clillilliditins, whirl he did not believe would
bi thiß s,case, ha ,thought it would be much better for
.. Gameensuent.toundestake so indemnify them. If his
Rt. Hem Prientptinistrd in pressing the Bill, he should
not oppose it'
.fiint. hie did think that it would have been
14MXtilkstand honourable to the country if the
• lamb heft- to-come into operation at its appointed
: .sintee origetoethe 'endows, LI: *Ant to AI that the ma ser. far.
affordingvelief to thefeblic had already hint productive of great ler,t
. vantage, sad that the cioduet of the &A was most protection*.
They had proceeded to est . upon-the measure with the greaten
rapidity, and by consulting the ptesibig nature of the circumstances
of those who required reliefolleybati rendered it doubly beneficial.
.He could speak/ram his own knowledge to the fan that a decided
improvement in confidence and in the circulation of trade had been
• - vklifie wirlds the last three days; and it cohld'not be doubted that
the measers vrbkh the Goeersencnt had adopted, aided by the
Mberatifiettget of the illienk is carrying it into egfeet, had produced
iliatiraiiffint thaligo: .
Mr. PIARSE said, that to the credit of the commercial world,
the MA were satisfied that no one applicarititad shewn a disposi-
tion totrikeenildradvantagerof the relief. They had ail studied
. how they !weld take the least posaibk quantity of money ; they
. : imiltAiltast enossit,for their immediate wants and no more.
Mr. BbItNAL said, that cases might arise in which
persons who held goods which had been consigned to
-them, having already obtained advances upon such
, goods from *Merchant a private banker, would go to
the Sant ed./hi/gland sad got a further sum upon them. Would ft
then be fair no let the Bank come in with a pretenses over the
lies of das other porde*? He regretted that this law was not al.
leered te take its coarse, and begged to ask the Right lionourabk
gentleman what had Indeced him to depart Irons a priocipk to
Which he lad agreed i
Mr. OVSPSSQN could only state that a negOcia-
tionhaliifig.taken Rlace between the Noble Lord at the
head of his Majesty s Government and the. (Light Hon.
the Chancellor of the Ezchequer with the Governors
of the Bao of *ugland, as to affording relief to the
country,:tbiii*ac.one of the conditions upon which
they consnateilino advance money for that purpose.—
'rhos/ Genilemett thought it necessary, acting as trus-
tees Arid not as ,principals, to take care of the interests
of those 64 Whom they acted; and they. thought they
',Attie - iation as the Govern-
' It then became

Owing eff4te-tis such
under .
.`,,ibe
.111.114Triiirii he
the. Onteepol person could
oplith Rods without.
*at it
they
*at ilk private
*1 would t__lttil
possession; awl
Ipotedly the Una.
, his legs, he •.. • ..
limn the govern
of the Hon. Hens..
' been admitted
the Hattie, had
tenths. It had
to employ their,
their customers,
... Material. He con-
recommendationof this
of &chequer...Bilis
. . inukOr, _ _ ..re consequent r. .. in-the value of that
paper, *Mils must bare ensued. And he could•now state, upon
Otte authority of an Hers. Bank Director, that the advances were
only made for the usual period of advances 'upon Bills 4 Bucksaws,'
Which was three months, and that the Bank did not expect it
meta be necessary to extend them beyond that time.
`/iir.ClllElklFELL.thought it most gratifying for the
Hbul'a and the Country. to know from the Hon. Member
fee Timm" and from so many other Hon. Members, that in the
City eilLelladown revival of confidence had taken place, and which
he bid UlVewslltOught was the only thing wanting. lie also joined
his arbuistylidppente of the liberality and admirable conduct of the
Bank in carving the measure into effect. .
Mr. rtllq#olld same.
BY felt the me. gratification
. ..
which ha beenioxpressed on all hands at the accounts
~_ t!ey Ilear of'retarning confidence and the relief of
„commetcial embarrassment. Throughout the debates
t4ete had been but one opinion .as to the unimpaired
~, ,t .sources of the country, and its escape from the pre
sent temporary difficulties which surrounded it. The
was": of the country would not be lost by this
..i. , _ •
,partitetauspethion of business, and little or no difference
vo .
CQ 01'0 thertfore :vise to our commerce after the storm
MI.. t,i / s'•
sh 14
,f ab Ra &O. He desired ti) egress his entire satiifac-
s • t.
Alt the fir trinesi of Ministers in refusing to follow
"sEril acilio a coarse of vicious precedent+, by which as was
`'Ylibileted'to individuals out of the public purse. Nothing had ever
been doff by sail), :Waver so•• much in accordance with his feel-
*isle* th& ditrtniucd TLetwince which the Geveraissent bed re-
. f!"44T apposed to rite ;clamour by which they were assailed on all
aides. If they bad not stams ed, they hates hut turned the cur-
' Veht.rif siliathavjejoisprineiple. ' . -
' 0 .‘, MA W. 411 ilfiVesished to know-islifbat respect the precedent
• , .of Anliterra- si bad,nnq•when the mewls* then adopted not only
.01,&ffortic4. ryli4,. but . was rather a gain than a loss to the public. •
'. , WTI. rAßbili.l,,,L said, be agreed with those who thought that
' Blinkers had acted most wisely—and that the spirit and principle
-mill winch they took thelr course and maintained it, reflected the
greates possible credit app them.
~. O,kir,4I.AIHNH wished to explain, that what lie had
~•630,41,ja.elegard to the beneficial results already produced
~ „hiriba.measure. was limited to the City of London
Tiglaapight be many other places in which severe dis•
,alit gill esisted. and he wisbetto guard himself against
liong teadentood to have .applied language to them
which might appear like a mockery of th, ir-sofferings.
He differed altogether with his Linn. F.iend near hint
(air. Abereremby). So far would the Government have been
t roar following & vicious precedent in issuing &shaper Bills, that
in his opinion they had set a more vicious precedent in the course
they had penned. He Was.glad,howiwer, that the relief bad been
afforded by any menu; but 11 tbe -Ministers, instead• of resisting
the applications which were made to }hem, had Mended relief a
fortnight sooner, ' many- a tangly would hay, been eared who were
new lamenting over:the wreck of their forsuoss,-.4isavir win Am
given to btiog in the all.
Upon the motion of Mr. Hens es, the House went Into a Com-
mittee of Supply, sod & vote of IOO,tOOL el account, for the Civil
resoprostes of the year was agreed ilm - '
The gm, resismedigrxew, Rent worlinhogiso.bi reed*
.., 15T190471"P!.. . • . •• a4,^11 gtioCrho.;•t..ok :
36hp0autioy Sin was resit a sold i11mv44116,04 IS
tlittad an Friday.
-, • •
•r•
'• , The Punishment by Hard Labour In Ireland Bill wee read a
asausit dyne, and ordered to be committed to-nterrow.

. .
ought to bliplaced in the same situation
meat tgulisr the commission of 1793.
his dittT to bring tri the Bill for givini
:h urn ki:', .If
.be under oped the
• Named' itisl; . lii into,ad.*,/louse.p
. ~grir.ltN, • ... taia vstaceP ."01.4
$471
? ileti"Wit owrilte4 ''sniellCE:l2tnided I
... ., IfP .
itriTe or get** wade adOiosaliii Si
L
- . a 41e:
illstnnnenit in ;heir 1
w,..1 .. .
as Ui one supposi
.1i ,Piregii..„oB44..oft At*. Wre on hi!
s.i., ff. tEnTV.I, Cfm4tOltinfl the ouse is}
Ili) i; t'"'Wiltrtf4-h7 the tittth4FitT of
r Tor' tiunton—with which it had
~.144NrPf • ,to leeeo4y adopted in
.1
*if
3. 03
Irc
~o? melte most, beneficial t
milVi.4,o X . ,re.Auur manufacturers tt
bad,ellgliW leikifek 4e demand" upon t
:Islit sopOrd the, svith the raw. stitip
ailivest it as, s, not-being the least recomm
hittistire, that it avoided throwing an accession 4
' 'itgah'tfiehprkiit, and the Conseluent reduction i