Star.
London, England, 1826-02-08 00:00:00

No. 11.

At a Court of Directors at the Bank, January 20, 1126 ;
This Court havi g 'taken into consideration the im-
portant paper, received from the First Lord of the Trea
bury and the Chancel lot of the Exaequer, have resolved,
That, however essentialty they may differ on certain
views and sentiments therein laid d and expressed,
•t is not f.r the Gott at the pre ent moment to offer
any opinions of their own, the paper appealing to be
intruded is declaratory of the y r,unds on which his
Majesty's Ministers have coat to the determination to
iequise the 13a Ilc to give up its err lit ive privilege as to
the number of parties engaged in banking, except within
A ceitain distance lioni the metropolis.
It cannot. however, he considered incon•iwnt with
this forbearance, to s'.tte the apprehensions of the Court
.rf Detectors, that confidence is not so restored as
Lord Liverpool and the Ctiancellur'of the Excheg set
•eem to im rg ne. * -.•
thisvaiiie Pia, ribsided. &co:111;116th public and
tatvatc, mantilla in a very •uticer air) and anxious s:a.e.

. ~ -

. -,.• z.
That the country circolrion, is in many parts ex-
tremely defective, cannot be controverted; and the
Bank-would eery reluctantly oppose itself to any mea-
'ores tending to ameliorate it, but would be glad to
promote that object, either by fresh exertions on their
part, should such be found . practicable, or by any rea-
sonable sacrifice.
Under the un4rtainly in which the court of •D-
-rectors find thems-lves with respect to ihe details of the
plena of Government, and the effect which they may
have on the interests of the Bank, this Court cannot
feel themselves justified iu recommending to their Pro.
prietors to give up the privilege which they.now enkry,
filnctioned and confirmed ask is by the solemn Acts of
the Legislature.

No. TU.
The First Lord of the Treasury and the Chancellor
of the Exchequer have duly considered the Answer of
the 20th instant.

They cannot but regret that the Court of Directors
s',ould have declined to recommend to the Court of
Proprietors the consideration-of the Paper aeliveled by
the First Lord of the Treasury and the Chancellor of
the Exchequer, to the Governor and Deputy Governor
of the Bank, on the 13th instant.
The statement contained in that paper appears to the
Era Lord of the Treasury and the Chancellor of the
Exchequer, so full and explicit on all the points to whch
it relates, that they have nothing further to add, although
they would have been, as they still ate, ready to answer,
as far as possible, any .pecific questions which might be
put, for the purpose of " removing the uncertainty in
which the Court of Directors state themselves to be
with respect to the details of the plan suggested in
that paper."
After all, the simple question for the Bank to con-
sider is, whether they are willing to relinquish their
exclusive privilege as to the number of partners engaged
in bankiog at a certain distance from the metropolis ?
Toe First Lord of the Treasury and the Chancel,or
of the Exchequer are satisfied that the profi:s of the Bank
would in no de tee be affected by their consenting to
such a proposal.

Convinced of this, and that its adoption by the Bank is
as important to their own security,as to that of the pubic,
it does not appear that the Bank can be equitatily entitled
to clams any compensation for the surrender of this
privilege of their charter.
Against any proposition for such compensation the First Lord of
the Treasury and Chancellor of the Exchequer formally protest ;
but if the Bank should be of opinion that this concession should
be accompanied with other conditions, and that it ought not to be
made without them, it it for the Bank to bring forward such
conditions.

life House, January 23, 1826.
No. IV.

At a Court of Directors at the Bank, January 26, 1326;
The Governor laid before the Court the following Minute of the
Committee of Treasury, viz.
Committee of Treasury, 25th January, 1826.
The Committee of Treasury having taken into consideration the
paper received from the First Lord of the Treasury and the Chan-
cellor of the Exchequer, dared 23sljanuary, 1826, and finding that
his Majesty's Ministers persevere in their desire to propose to re.
strict immediately the exclusive privilege of the Bank, as to the
number of partners engaged in banking to a certain distance from
the Metropolis and also continue to be of opinion, that Parliament
would not consent to renew the privilege at the expiration of the
period of their present Charter; finding also, thatthe proposal by
the Bank, of establishing Branch Banks, is deemed by his Ma-
jesty's Ministers inadequate to the wants of the country, as of
opinion, that it would be desirable for this Corporation to propose,
as a bails, the Act of the 6th Oro. IV. e. 42, which states the
conditions on'which the Bank of Ireland relinquished its.exclosive
privilege ; this Corporation, waiving the question of a prolongation
of time, although the Committee cannot agree iu the opinion of the
First Lord of the Treasury and the Chancellor of the Exchequer,
that they are not making a considerable sacrifice, adverting espe-
cially to the Bank of Ireland remaining its possession of that privi-
lege five years longer than the Bank of England.
Resolved—That the foregoing recommendation of the Can=
mittee of Treasury be agreed to; and that the Oovernor and
Deputy Governor be requested to lay it before the First Lord of.
the Treasury and the Chancellor of the Exchequer.
No. Y.

The First Lord of the Treasury and the Chancellor of the Ex.
chequer have taken into cpnsisleration the paper delivered bx the
Governor and Deputy Governor t♦f the Bank on the 27th instant.
They think it right to lose no time in expressing their concurrence
in the proposition which has been sanctioned by the Colin of
Directors, as to the exclusive privilege of the Bank of England,
and are willing to agree that the two clauses inserted in the high
Act of last year, and referred to in the paper communicated by the
Governor and Deputy Governor, on the 27th instant, shall be in.
anted in the Bill which will be necessary to give effect to the new
arrangement.

The First Lord of the Treasury and the Chancellor of the Fa-
chequer cannot 'conclude without adverting to that part of the
paper of the Bank which respects branches of the Britt of England.
In their paper of the 13th of January, the First turd of the Trea-
sury and the Chancellor of the Exchequer have stated the reasons
why they are or opinion that, under all the present circumstances,
the establishment of branches of the Bank of England would not of
itself be sufficient to meet all the exigencies of the country; but
they are so far from wishing to discourage the establishment of
such branches, that they are decidedly of opinion, that the forma-
tion of them, under proper regulations, will be highly advantageous
both to the Bank and to the community.
Fife House, 28th January, 1826.
A letter from Pernambuco, of the 20th December,
was received yesterday, which states the arrival of Sir
CHARLES STUART at that place from Rro de Janeiro.
An Invest was on Saturday held at Manchester,
before Mr. MILNE, on the body of Mr. Price, fustian
manufacturer, who was found murde:ed in his wale•
house, and the premises on fire, the preceding day.—
The only witness examined, was Mr. Cresswell, House
Surgeon to the Infirmary. He found the face, the left at m,
the legs, and the feet, much scorched, and the clothes
nearly consumed. On examining the head, he found an ex •
tensive laceration of the scalp beginning about to 0 inches
behind the left ear and extending about five inches in
length, nearly to the crown of the head. Corresponding
in size with this laceration was a fracture of t;.e skull,
several portions of whizn were driven deep into the
substance of the brain. Just at the entrance, and in
front of the right ear, was a wound about three quarters
of an inch in diameter. and a corresponding fracture of
the temporal bone. WitnTss was of opinion that the
fracture on the left sic of the head had been the Cause
of death. Witness said he thought that a blow from an
axe, such as those carried by the tilemtn, might have
catued the large fracture on the left side of the head.
He Dad sent for one of the axes used by the Norwich
firemen, and found the blade to ccrrespond exactly with
the leng t 'of the w iund. Tim Manchester .Mercury
however states, that Mr. Jordan, and nth. r surgeons,
had since czamine I the wound, and they is ere at
opinion that it was caused by some blunt instrument,
and n't by an axe. The Inquest was adjourned to to-
morrow. Two pervins are in custody. James Evans,
who was a warehouseman, and Mary P. ice, a woman
employed in the warehouse.

COltN EXCHANGE, MARE-I.ANE, Fellll/Alrf B. _
The arrivals are but mail, owing to the prevalence of contrary
winds. 'l'here is very little doing in the Wheat trade to-day, an!
prices remain the same a,' ou Monday. There are very few boyers
of either Barley, Beans, l'ers, ur. Oats at market, au than pawns
remain nearly nominally as reported on Monday. in neon Nis all
teratiun.—Arrivals:—h:ngliA Wheat, 930 qrs. Bark :y. y•,.
Oats, 31.0 qrs. non*, OW mots. Irish Oats, 3,100 ft. Fur.%
Barley, (40 qn.