Star.
London, England, 1818-05-29 00:00:00

DISSENTIENT,

Flon.—Because it appears to IA that tiss min:tire
11100111 M Oovernnunt, on the rut of this Bank E. 144.
any other arrangement of its affairs, however peud r.. r. it
calculated to secure its being qualified to pa+ la ark vole
nand, could, if the restriction were done away, oak cat
establishineut to fulfil its engagemenu for cry WO. e
without enormous loss to the Proprietors • unlnt -
3Cth Gen. cap. Ce, entitled, an Act to pfoWde le: see
Silver Coitnize, and to regulate th. convect of the L d 4
silver coin of this realm, is altered or repealed.
By that Art, gold coin is declared to he the int liy,dwAr
of payment for any sum esccedine oes. proyono
betwixt the value of our gold zed sneer coin b al.srid hes
15,059 to 1, which is nearly the pr,eent relittce ^.190
tf t,l
to silver bullion in the market of Lampe, to It,srl r, 1, rash
ing a difference of a. 181. or nearly C per neat. is tle relate,
intrinsic value of our Fold and diver oda.
Under this arrangement, it Is evidently hopassaile that ;sll
can continue us circulate in this c•iantry ; for who dare r‘i
a Fold price and a silver price for all teriviniitir, rid .7,• • al
only have the same as-att in ristkhig purchases Ls live. ....-
that Is, it would have C per cent. le.s of effu:s..y
of commodities in these his Majesty's dor..ini,
of rtalrs a differen:e more than surasatrt r, forts is sia4
exported the moment it is issued from tit Bank.
The Bank, therefore, must be subjected to aateattoo frees
constant demand for gold, et:4:st it continued to hoar ;es
—a demand not naturally arising the stile rfti......sb
don, but inevitably restiltir.g from the prods aff
exportation of sold; and this loss must be the mote fi•rileas
as, under the present system of our paper drculation, ra
of England is liable to provide gold, lan only for it; es. was
bet, through its own notes, if they are anovred n ter .0 a
circulation, for all the paper issued by die ri.ale fdlra
throughout the kingdom.
Idly—Because, though the profits the Bunk hat a:.tti ti
since the Restriction have Leen, to the great Lyary
=unity, large beyond example, yet these rafts """4
benefit to the community. be exhausted, if lair der
paper in circulation under the .:41 Geo. ill. cap. ; i: 1
possible that any capital could continue to s I in the
of purchasing gold at the price it weld hishildy i.
ler et
marker, when measured !or our silver cola, and '
at the rate of lYt. I nisL. per OIL le jperla, WI s' c'•'"
realize the profs which its comparative lirtrie.ic Tsta,..ecar.ist!
reporting it ; for that Act prcn Mrs. uodo seta` rube. tha
" No person shall by any tau sus. or
whatsoever. receive or pay for any gold Loin lawful'', ewer
within the United lii.syslorit of Great Eritain and of
more or less in value ben. fit, proln, adirsitaiv.
tW
true lawful value whirl:. such sold coin d sr shalt by 11149"
Wrath:in import ; nor shall utter cr receive aoy yiecs a ri“
of gold coin of this reahn at any grater as highs/ tatew situ
nor at any has or lower rate or vadat., than the
rent foe in payment, according to the rates awl irsius
and set upon cher' pursuant to law:"
idly.—Because, as I canrcit help regarding the shrstruill
made in the count of the debate on this subject. that to • ) ,t 44
had been done on the part of the Goverument and of
ltik
to qualify it to reSila.lt papacies in cash on demand.is ri• lot
ot
to deceive Parliament, while the 56th of the lug,
mains in force; so, I cannot concur in pas W-4 Ad if
resumption of cast-payments ou the deb of :uly, Of
other &finite perimi, without reference to the alter
peal of that law ; for I should feel myself by sock 01%W:I
party so a gross deceit. which Parinunent will wane
au
voile of this country, by passing an Act which wean to aarl
the piasaihility that the Bank may, without ruin to the eusbnw
rtam , sonic and continue ha ancient saftitd:f practics et po-f
in cash ou demand, whilst the em
wa
ems-Wont of that A'l ia
i;goud) At to

tiro,

I:6t r-L:de
ithaniat'•!T:

THE FNING S'IAR.

LONDON.

NUT THURSDAY, £I,OOO PER MINUTIA.
1:40,000, MAO% or 0r2,0001
For Sixth-draws Prize dove £l,OOO.
of £20,000-107 CAPITALS
IN THIS LOTTERY!

tRIDAY, MAY 29, 1818.
trio Cita= IL grim.—Holiday at the Public Offices.

It will be seen from Mr. BecuuttAxe& speech in
the Commons last night, that he considers the al-
:rations made upon his Bill as intended completely
to frustrate its whole object and defeat its operation.
He ought, he said, to have known long ago the ob-
je:tions Which had been urged by a high legal cha.
rater in another quarter, as he had arranged every
pant of the Bill under the eye of the very persons
v:r.o now started the objections and threw the difficul-
ties in the way. He complained that the person to
whom he principally alluded had said that " the Bill
was so altered that he should not have known it,"
whereas, in fact, the alterations had ken made by thet
Noble Person himself ; —the Bill, he said, had been
scribbled all over with those alterations, by that Noble
Po cox himself, who now complained of those very al-
te, ctions —He believed it, he said, to be impossible
to settle the eternal doubts of that Noble Person ; and
therefore, should the Bill come back to them emascu-
lated and deprived of all its efficacy, he would feel
limself under the necessity of proposing a new mea-
:ire—intimating, that the House could, by Corn-
natee, though not pet haps so cheaply, do that which
was intended to be effected by the Bill, and which
was so anxiously looked for by every parish in the
kingdom.
. .

It is undeniable that the poor are robbed every
where, and the middling classes pay for it. That
captious cavilers and jobbers should deprecate in-
sairy, and endeavour to frustrate any attempt to
remedy the existing evils is natural enough ; but
what interest can the LORD Cil A NCELLOR, Lord RE-
D/U.ILE, or any of the Bishops have in perpetuating
rich abuses ? and, if it could be shewn that they have
as interest in their perpetuity, who would venture to
r:epect even the possibility of such an interest having
any effect upon their judgment? The evils, how-
ever, are admitted to exist—their existence is a proof
that oar laws afford no proper remedy for them, or
the remedy would be sought : that is, we are in such
ci:cumstances that the existing remedy is worse than
the disease itself, and yet, forsooth, the country is to
rest satisfied. Those who say so must be either blind
w infituated. The country demands and will have,
I remedy.
•

'The British Public are more seriously affected by
toe disgraceful prescription of the Jewish Merchants
at Leipsic, of which we took notice yesterday, than
may to many at first sight appear. The fact is, that
thoagh it hears ostensibly the mere appearance of an
intolerant persecution, from religious motives, of an
industrious race of people, its real aim is levelled not
so much against tic. Jewish trader, as, through him,
itgainst the British Merchant and Manufacturer. lt
is nothing more, in short, than the old outcry against
,d.e pretended monopoly of British dealers in the
markets of the Cu itinent developing itself in a new
tad more obnoxious shape. It is England—it is
English manufactures, which are the real objects of
tin jealousy and persecution ; the Jews are sufferers,
act on their ohm account, but ours.
This statement requires a little explanation. In
the account which we lately gave of the Leipsic fair,
extracted from the German Papers, it was remarked
that "the English threw away their goods at very
kw prices; and that as the number of Jewish sellers
eacreases every year, it is not to be wondered at that
the Gomm manufactures did not meet with much
demand." The meaning of this, in plainer terms, is,
Eat as the Jewish sellers, with a proper enough spirit
titrade, constantly prefer dealing in those articles
which they arc surest of selling—as they have been
long in the practice of bringing English manufac-
tres into the market, in preference to German, be-
ease they find they uniformly sell better—as they
in fact the Continental Factors for the English
tchants--and as they ate every year encreasing
b limber, and the sale of English manufactures
ing in proportion, the manufactures of Ger-
iny can never gain that ascendancy in the market
aich it is natural enough for Germans to desire,
u long as there are traders who act upon such
11r principles of profit and loss. The idle taunt
" throwing away our goods" has been too often
ltleated and laughed at to deceive any one with
upect to its real meaning. The English mer-
* like all merchants, is too necessarily guided
hl m attenden to his own interest, to continue
'Mr after year selling his manufactures to the Ger-
Ina:4 at a losing price. He mart have been uni-
!6''lll selling at a gaining and encouraging price,
Se
would long ere this have been forced to retire
the mzrket.; and that this is the real state of the
• is sufficiently proved by the returns to Parlia-
tm; for last year, which shew that the sale of our
kLfactiares abroad has been every where extend-.
'3. The preference which the English goods con-
'24llr obtain at the Leipsic fairs is the only true
of this Ihnemity of the* away, as it is termed ;

and this again is tihdoubtedlY Oceafioned by their
absolute superiority over all others brought into the
market, a superiority which liecures them the prefe-
rence of the Jewish. actor, and stimulates him to
exert himself in their disposal.
The offence of the Jewish traders of Leipsic then
is this and no more—that they prefer dealing in those
articles which will bring them the most profit—in
English manufactures because they are better and
cheaper than those of Germany. It is for this they
are proscribed—for this they are to be driven from
the Exchange of Leipsic, and should the persecuting
spirit of their mercantile rivals be tolerated by the
Government; of Germany—from every Exchange
where mere German interests and feelings may be
suffered to predominate at the expense of all the
most ordinary principles of commercial and national
prosperity. Every State of Europe which has any
regard for a character of liberality in its interna
tional policy, is strongly called upon to interpose its-
influence against such gross and narrowminded in
justice, and it is more especially incumbent on Eng-
land to use every effcrt in her power to prevent
any of the natural channels of her prosperity from
being thus cut off, or interrupted, under the pre-
text of a sectarian persecution, which seeks in the
rancorous bigotry of times that are past, a cloak for
the more odious and contemptible money-getting
spit it of the present.

xi:Tact ever
my erect t
ever, re ad
that oar lay
the remedy
ci:cumstaxic
the disease
rest satisfiei
inatuati
t rentedy.
•
'The Eri
e disgra
. at Leipsic
may to en
▪ thosgli it
i.uolerant
iLdustriott
✓ so much a
:.g4inst chi
is nothing
the prtter
markets ia!
=I more
English It
this jealou
act on the
• This sta
iv
the accoul
extracted
• that thi
kw price
a
Ts encreases
in the Gen
• c:emand:
Pe 1:.1 as tt
111
a trade,
bk which th
v▪
et long in
IZAS int
[CIS
cause th
• are in f:
I,l▪
1A
• in Imml
'tic• eacreasii
many a
.%ca
1,7 whkh
b
long
tlr
Wc tarn;
of a
nltated
'"cett
al Aarlt, I
len zfc,
tAu
mitis
forralyi
thew,
8,
t *lb Lill
ar. aq is
of •
WC?
)11 kjal
MO"
T
''rally
rot.
LAX L:zst