Star.
London, England, 1803-12-01 00:00:00

HOUSE OF COMMONS.

The Han. Col. Stuart (fon of the Earl of Gana
tray) tank the oaths and his feat.
1 be SrKARAIt acquainted the }lnufc, that the Pe.
tirions from the following perfons and places, had
rivt been renewed during the prefent feilion, viz.
both certain Fiecholders of the town of King(inn-
I, againil the eicainn of Samuel Thorn.
.—Fic m the freemen of Leonainfler, agnind
In or the Hon. Charles Kinnaird—of Col.
ad, againa the eleaion of Edward Love.
!den, Efq. for the &rough of Sbaltefbu.
if John Ogle, againli the eleaion of T.
iq. for the Borough of Holton—and that
luau:nice of the Aa of Parliament fur
:le, duly certified to the Court of Exehe-
the leveret ree, gnizances or the different
id their fecuritics, were forfeited.
•ASTLIREAOH role to make the motion, of
had given notice, relative to the bonds of
India Company. He laid, that the realms
...at application to the Houle, arofe nut of
&station of the Company, with regard to
,ty AEI, and the duty payable thereon. By
the Company had a right to dedua the
per cent. on all turns due on their bonds, at
of paying the inters* thereof. That on
Is they could only take the legal buena of
That the holders of exchequer balls were
le fame duty of y per cent.—but that ca-
lls, bearing a rate of intereft at fo much a
am amounted to 51. 6s. 6d. per cent. ; and
le Company to a very great inconvenience,
*ere highly at a lots from the circumllance
bonds not bearing lb high an interelk as Ex-
"ll* and therefore that their value in the
is confiderably diminithed. That the Com.
holders of Exchequer Bills to a very 'Argo
It of which 51. per cent was to be dedua ed ;
,he difference between the rate of intered
mode of eltimatinv it very operofe and
That the quellion between the Company
ablic was by no means of any great impor-
:he gross amount of laurel! on their bonds
)re than go,oool. and the duty payable on
;an scool. It was effential, he laid, that
any Ibould not in time of war, be Ibut out
advantage of Exchequer Blasi as their
,re fa interwoven with thole of the Rate,
be faid to be identified, asd therefore the
ugh: to be viewed in the fame light, and
he fame footing as the public. The objea
he bad to propofe to the eonfideration of
was, to enable the Company to give in-
aeir Bonds not exceeding the littera of
Bills. He did not think it =celery then
the Hoofe with any further obfervations,
therefore move,
Wave be given to bring in a Bill to regulate
of the Eat India Company, with refpea
of intact and the duty payable thereon."

..eaten brought up the teport of the Com-
appointeal to take into confideration the Pea.
the London Dock Company for railing the
of soo.oool. towards carrying on and
the fame, which was read and agreed
it given to bring in a Bill purfuant to the
of the laid Committee.
RANI RESTRICTION.
.NCELLop of the Esc'. Irtyltit role, accord.
io.ice he had given yelferday oa this fob.
id, i: was not his intention to trouble the
many rib:Creations. Several anilines,
had been Made to the lag Bill, notwith
fief), he had ever been perfeilly convinced
rriety of palliag it, and of the good 'feels
' not fail to refult from it. He had nit,
:ard from any quarter whatever, the
*lion to the expediency of continuing the
luring the mar. He paid a very handfome
at to toe care, attention. and liberality of
Diralors, and laid it mull give the highell
to every one to fee that tire continued re.
I aCtuall y iiiereafed the credit of the Bank.
ns of which had in many influx's:, paid
hen they were not by any means bound
nit bad exeicifed their own judgment,
they thought it would be for the
benefit of the puLlic ; at the fame time
;erc aware, and could bear the mod am.
iy, (ha, they had never taken advantage
;Mon to ii (reale ;be ifloe of their paper,
the dividends which conflituted their own
luenenta. If. however, it &aid be the
the Houle. to agree to the Motion he had
(hould fiql think it his duty to follow it
let motion to that paled 141 year for the
e feveral Prue. of paper during the year,
1.." e n.ight sontiratally have its eye over
lc then moved, "'flint leave be given
,o elottionr,inr, a time to be limited,
II WI ,1 7 Pank from pa',.ing in fpecte."
I. 1.0. t, he did not rife with soy imen.
tLs but merely to calithe at.

tention of his /fajta/ /Unifiers So X Proceeding
throughout the country, whieh was, he foarods raPid•
ly growing into a ferrous evil. .What he meant to
allude to was the great want of circulating fpecie,
which was in many places fo great as to put almoff
a total Rsgnation and flop to bufinefs, particularly
in the retail line. He did not know exaely to what
this mifchief was to be aferibed ; but the general
prefumption was that it arofe um a bare and fordid
difpolition in great numbers, to hoard up the cant
in circulation—a difpofition which, in the parent
circumlfances and fitnation of the country, was
highly derogatory to the fpirit, and ferioully injuri-
ous to the beg intereas of the nation. Thefe private
hoardings had increafed to an evil of fo great event)
that he had been credibly informed, by the molt re-
fpedable authorities in the banking line, that if they
were not put an end to, or fume method hit upon to
prevent them in futu•e, or to remedy the ill •tonfc.
tp,Pnces ariling from them, bankers would be unable
to pay the fractional parts f notes, and bills, and that
in a very (bolttime. A very refpcilable Corpora-
tion, he underßood (we fuppofe Portfmouth), bad
tailed a Meeting, and come to a refolutiod, which,
they had publifhed, of taking dollars at a certain'
rate—French crowns at five (Innings, and French
half crowns at two (billings and fixpence. He did
not fee how this could be produdive of any great ad.
vantage ; bat it (hewed clearly the neceffity they were
in at that place of adopting tome meafure for their re.
lief ; and he hoped his liLtjefly's Minißers, and the
Route in general, would give the fubjea ;heir moll
ferious attention, in order that fomething might be
done to cdrrea or remedy fir great and growing a
mifchief.

The Comic s t.i.ost of the EacH EV Ea allowed, that
the evil, which the Hon. Gentleman bad jutldeferib-
dld at preknt calk and had been very cnrrefly
Rated. It was a pradice unworthy the fpirit and
patriotifm of the people of this country and it Vian
certainly highly deferving the attention of the Houle,
and mull be the duty and with of every Member in
it, to nfe hit utmost endeavours to thew the fallacy
and bafenefs of fuch a proceeding, and to promote
and forward every measure that may tend to cot..
rat or remedy it. Leave was then given to bring
in the Bal.

Ths CHANCELLOR of the Excitant? ea moved that
there be laid before the Houfe an Account of the
Amounts of Notes ilfued by the Bank, on the IR
day of June, the Id of Augult, the ill of Odober,
and the asth November, 18°3, didinguilhing thofe
not amounting to 51.—Ordered.
Mr. DEVERALL moved the Order of the Day, for
reaming the adjourned confideration of the motion,
to grant leave of abfence to Mr. Pcdley ; which be-
ing read,
The SPEAKER laid he thought it his duty to call the
attention of the Houle to the prefent date of this
quedion. He then recapitulated the motion as made
lad night, the datement made by the Hon. Gentle-
man, and his having moved "that John Pedlcy, Efq
have leave to be abfent from the laid Committee I"
that an objeftion having been made to that motion,
and a difcuflion taken pace thereon, an amendment
had been moved and carried, that the debate be ad-
journed to this evening. The quellion, therefore' he
had now to put was, that John Pedley, EN. have
leave to be abfent from the laid Committee."

Mr. Dreg RE LL role, and in fupport of the motion
urged; that he thought the Houfe ought to agree to
it, beeaufe they had, in feveral former cafes of the
tame kind of application, gone the length of decid.
ing, that private Wind's was by them deemed a good
and fuffieient ground for indulgence of a fimilar na-
ture to that now asked for. He thought it, he laid,
a very hard cafe ; and that the objeelion made by
the Attorney General laR night as to the number
being b the abfcoce of the Honourable Gentleman
to eleven ; and that, if the abfenee of two
more fhonld take place the Committee would be re-
duced to nine, below which it would be incapable of
aching at all, ought not to receive much weight, as
It *as by no means probable that two Mould drop,
and therefore he thought fuels an afrumption was
making it an extreme cafe. He could by no means
agree with the Right Honourahk and Learned
Gentleman either, that fufficient notice had not been
given, but contended that the cafe had been laid be.
fore the Houk in a fair, candid, open, and manly
manner, and he thought, therefore, it was deferring
their indulgence.
The ATTORIItY CMIAL anted the Houk that
the oppolition be bad thought it his duty to make Jail
night to the preterit motion had been very painful to
him, and that he should be much better pleated, that
the Houfe fhould determine to grant the leave re-
(ladled than refute it. Viewing the matter, however,
in the light he did, he could not, confidently with
the duty he owed to himfelf, to the }look, and the
country, do otherwife than give his decided oppna-
lion to the motion. When he mentioned laa night
that he thought notice fhould be given in inch cafes,
he a Mired the Hon. Gentlem4n who made the mo-
tion, that be did net mean to impute the flightell
blame either to him, or to the Hon. Gentleman who
was to reap the benefit of it. He thought that iu all
fueh cafes, notice fhould previoufly be given, that
every Member might come prepared to decide on the
fubjell, after matnre eonfideration, as to its propriety
and importance. He found it, therefore, neeettery
why he now &cold give Isis reafons for the opinion
he Rill pert:Red in, that the indulgence fhould not be
granted. The Learned Gentleman then recapitulat-
ed his arguments of Let night. He allowed it to be
a hard cafe ; but denied it to be what the Hon. Gen.
demon had termed it, an extreme cafe. For two
Members of the Committee bad already eeafed their
functions, and these was therefore no improbability,
two more might do the fame, efpecially as further
communications with Ireland molt take place, which
would greatly prom& the time. He was, therefore,
clearly of opinion the Houle ought not to accede
to the motion.

Mr. W. Downes thank this might be a danger-
ous precedent, and that the Houle ought to paufe
before they gave birth to k. If the proceedings
&mild fall to the ground, many and great incoave-
situate, and very heavy expences mull be the certain
conforstoce to the parties. He thought the Rate of
a Gentleman's private affairs in Jamaica was no more
entitled to the indulgence of the Hook, than if it
e in Ireland or Scotland, and to pave the we, for
familar applications train Members in either of thofe, '
might be produaive of the worn coofequeoces. He
Ittlf therefore agastat the rao;togi.

•
way) took th
it
'I Ite SPKAI
titions from
11 net been re
froth' certain
l'` npon•Hull, a
ton, Efq.—}
the deßion c
Mark Wood,
den Loveder
.1 vv—and of
.
i Pydell, Eiq.
be had, in p,
i that purpcfe,
quer, that th
II parties. and I
I LnILI CAll
which he hat
' the Ealt Indi
of his preftat
the present lii
the Property
that Aft, the
) fum of 5 per
the time cf
1 F thefe bonds tl
ler cent. -1
iable to the
. I chequer bills,
day, the funn
.
1 this put the C
i and they wen
of their bond!
chequer Bills
market was C,
pany were ho
amount, nut t
but that the
made the nu
onerous. Th
and the public
ranee, as the
. eras no more
' that lets than
the Company
from the adi
' finaaces were
they might be
Company /mg
placed f.n the
of the Bill he
the Houk: wa
terclt en their
Exchequer Bi.
111 to trouble tin
i and would the
0, Diet hum
the words of
to the rate of i
Granted.
Mr. NAOMI:
1 ; mktee appoint
i taw of the I,
/ further turn e
completing th
the and leave i
refolution of g]
I The Cumic
I ing to the no,i
, .
letufto.ae withndi mid.
he allotted ha
Rending whit/
of the propriet
1 which could n
1 1 h.)wevcr, hear
flighted obledli
rettrittiun duri,
complimentto
the Bank Dire
fatibfatili.n to •
. . firittion had al
The Ditehors
in fpec➢ . whet
fo to due but
when. by ft) cat
. , inure& and IN
I the Houle wet
ple tc ilimony,
of the 7:: ?WOW
or to a.ld to the
private maim
• pleaftue of die
to offer, he fhc
up by a fundat
11
amount to the
that the Hula
1 the Larne. ilc
t bring 1,. A ra•
tl r felt, lai• i. t
NI.. 1.)... I.
. ti to .4.1),,,..); ,