Star.
London, England, 1818-05-20 00:00:00

LONDON MARKETS, MAY 19.

COTTON.—The arrivals of Cotton in Ingland for
some weeks past have been most extensive ; the mar.
kets have, in consequence, become heavy ; the prices
a shade lower. The quantity of Cotton lately ar-
rived here from India will consist of 21,000 bags
Bengal', 3600 Surats, and a few Bourbons. No -de-
claration has however been made by the East India
Company. The purchases of Cotton since our last
consist of small parcels too trivial to mention, with
the exception of about 200 Bengals taken for eapor-
tation, at 10d. to 100.
" GLASGOW, MAY 16.—The Cotton sales of the
week amount to about 700 packages. Sea Island
Georgia 21, at 3s. 10d.—Bowed do. 172, at 214:L to
22d. a few at 'Nil—New Orleans 19, at 230. to
230.—Pernambuco 90, at 2s. Sd.—Maranham 40,
at 2s. 2d.—Demerara 37, at 2s. 00. to 2s. W.--
West India 10, at 2s.—Bengal 40, at 144. By auction:
Demerara and Berbice 240, at 231 to 2s. 207
SUGAR.—The market may be quoted ls. lower.—
Import Duty on Sugar.—lt has been officially stated
to the Committee of West India Merchants, that the
Chancellor of the Exchequer does not intend to make
any alteration whatever in the present mode of regu-
lating the Import Duty. By the late aggregate ave-
rage the duty will remain as at present tor the next
three months. _

COFFEE continues to fluctuate greatly. The pub-
lic sale of Wednesday last went off with much brisk-
ness—good middling Berbice Coffee realizing 181 s.
6d. fine ordinary Porto Rico, with colour, 1265. 6d.
good ordinary 1225. 6d. to 1235. 6d. The public sale
of Thursday went off very heavily, and in several in-
stances a reduction of 2s. per cwt. was submitted to,
particularly in middling and good middling Deme-
rara Coffee.

Spices.—he extensive sale at the India House
took place last week : Pepper, Company's nearly all
withdrawn ; the Cinnamon sold Is. 6d. to 2s. per lb.
under the last sale prices; the Cloves at a reduction
of 3d. tc, 4d. the Mace a shade higher ; Nutmegs at
the advance of 6d. to Bd.

Rica.—The sale at the India House, and the other
twe public sales on Friday, went off at a depression of
2s. to Ss. per cwt.
Ott.—The prices of Oil are considerably lower.—
Greenland may be quoted at a decline of 21. Several
contracts for cargoes to arrive from this year's fishing
are reported from 35/. to 321.
NAVAL Sroaas.—There are further arrivals of
Rough Turpentine, but we believe no sales are yet
effected. Spirits are again considerably lower. In
Tar, Pitch, or Rosin, no business doing.
HEMP AND FLAX.—The demand for Hemp and
Flax has been very limited ; and purchases may be
made lower.

ROM, BRANDY, ANTI HOLLANDS.—OId Rums can-
not be stated at any alteration. Brandy is exceedingly
heavy. In Geneva no variation.
PRICE OF But,xtort.—There was yesterday no quo-
tation of the prices of Gold. New Dollars were at
ss. 6d. and Silver in bars, standard, at ss. si.

CORN EXCHANGE, MARS-LANE, MAY 20.—Our
Wheat Trade was exceedingly heavy this morning,
and pricei were nominal, having very few buyers at
Market. The arrival of Foreign Wheat since Mon-
day has been very considerable, and for which there
is no demand.—Barley is full 2s. per qr. cheaper.—
Beans are 2s. lower, and the ordinary samples un-
saleable.--Oats go off slowly at a decline of 2s. per
quarter.

emir of Hts siAsitsfir's taftsom
At LORD CHANCELLOR presented a dill fot
varying sincramending certain provisions the lit
ratik r,ercise of the Royal Functions, and for chi
Csee-andsCoacedy of his Majesty's Perron during his
incapacity throdgh indispositions Their Lordship,
would recollect, he observed, that by the Act referred
to, a Council was appdinted for the assistance of her
Majesty, in order to the better care and guardian.
ship of his Majesty's royal and sacred Person, and
that it had been thought necessary that some of the
Members of such Council should be habitually resi-
dent at Windsor; but they *ere also aware that
many of these persons being in official situations, Secs
those duties rendered it impossible they could reside}
at that place. This circumstance contributed to re.
der it advisable, that her Majesty should be author
rised to add some persons to her Assistant Council,
not exceeding such a number as their Lordships may
deem advisable, There was another consideration,
from which it would appear, that the Act referred td
would require somewhat of revision. In that Act,
their Lordships would recollect, there was no previa
sion, in the event of her Majesty's ceasing to have the
care of his Majesty's person, adequate to remedy the
defect, in case of no Parliament being in existence at
the time, other than the calling together the pre-
ceding arliament for the purpose and in the case}
of her Majesty so ceasing to have die care and guar-
dianship, a new Parliament, if called, would have no
functions to execute in that case, but the last Patna.
ment under the Act would be recurred to, To meet
such an important inconvenience, the Bill he should
have the honour to submit to their Lordships was
calculated ; and it was provided therein, that such
new Parliament should have an opportunity of meet+
ing for the particular object. Such was, generally,
the effect of the Bill, to which if their Lordships gave
the first reading that day, he should move to have it
printed, and begged leave to propose the second
reading on Thursday, The Noble and Learned Lord
then read the title of the Bill, which was to the effect
above recited, and moved that it be now read the
first time.
Earl GREY rose, not to oppose the first reading of
the Bill, but to make a few observations, which he
felt the proceeding called from him. The first object
of the Bill, he conceived, by what fell from the
Noble and Lea-ned Lord, to be, to provide for any
inconvenience that might arise from there not being
a sufficient number of persons in her Majesty's Couna
cil. On that part of the Bill, perhaps, there could
be no difference of opinion. Now, with respect to
the power to be granted to the Illustrious Personage}
herself, of renewing or appointing the additional
Members of the Council, which, as he understood
the Noble and Learned Lord, was meant, he con-
ceived it to be a deviation from the former Act, for
which there should be some specific reason assigned,
For the rest of the measure, he did not think the
course intended to be pursued quite so clear. Nei:
ther could he avoid observing, that either with re-
spect to the time or manner in sOhich the Bill was
introduced, it appeared to him a remedy proposed
by a kind of side-wind, which rather wanted some
explanation. 'The Regency Bill, and that for the
care of his Majesty's person during his incapacity,
he was well aware, required revision ; and farther,
he thought some considerable alterations requisite to
be made therein; and the more so, when he consia
, dered the unhappy protracted continuance of the
King's malady. When he considered the vast accu-
mulated pressure of the public burthens, every per-
son, he thought, must feel the necessity of some
means being devised to reduce all those unnecessarilt
expensive establishments. Those revisions and those
reductions, however, he thought, should be made
upon some general principle. And though some in•
convenience would undoubtedly arise by the demist
of the illustrious personage more inunecti.%uar ;.*
question, yet certainly they were also bound to attend
to and consider the still greater inconvenience which
would arise from the contingency, or the case of the
Prince Regent's being unable to exercise the high
functions of Royalty. Such a contingency should
be provided against. And it appeared to him ex-
traordinary, why at the time that Parliament was
called upon to take such a step as that proposed by
the Noble Lord on the Woolsack, such a defect
should be suffered to continue in the Regency Bill,
and which may he regarded as a Second omission of
the kind, that Act being closely copied from a pre•
ceding one—(hear, hear, hertr.)—He was aware that
a proposition was made in another place to rectify it,
and he was also aware of its fate. He was surprised,
in the present case, at such a proposition being
brought forward without a specific reason being
assigned, and fully as much at the time of its. being
brought forward, now so near the end of a Session
—(hear, hear.)—The interval of a dissolution of Par-
liament was contemplated, I U' that alone did not
constitute a sufficient ground ; there Was no positive
necessity for a dissolution ; the Parliament had still
another year to run ; and he was averse to the adop-
tion of the measures proposed on the I. lir f the oc-
casion. Such an extensive and important ground as
the subject embraced should be let lie over to ano-
ther Session, when Parliament could rive it a solemn
and deliberate discussion. l non these grounds,. he