The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1851-08-19 00:00:00

t the c 1

pounds as at the pr(

:o seven million five li
ixtra quantity had to 1.
,bour fro►n cotintris

thirty yeas
on British

?c,:stri*. Succeed

the ehati.

Here is the stator
By the finance a(

he year, endi

;old tint year

Lan the :mint pi(

!epreciation at 07

le act of

813 is only canal to
625. Thus the of It,.
envier than the twation of 1813."
9.—These proportions arc pretty nv
hence it folows that esti!nated in min(

.cept ive (tenon)

have not undergone any
that the Wedge so often
that, on their terminath:
future and an indernni.y for the past, It
10.—The resumption or cash paymei
completed in utter ignorance of its c
mince that recommended that most di
mined witnesses, who are described by the
as utterly unworthy or trust, the last ^:en
teen consulted; while they refused to hear
most experienced merchants in the kingdi
11.—After cash payments had been

cal diminution
given, while ha
VV( shotthi I,lv

years. Mr. Hon
before his death

now : " w 11(
reucy ri ht, withe

into at-co'

'S CI Ilerl.A

on the country
12.—1 n 1819 the late Nlr. Iticarth
assured the House of Commons that tip
(pieta on the reennintion of cash paytnei
from 3to 5 per eent. The I)!ind kd the

on Nlr. Wetcrti's !notion,

lt he Lad ,:tlessed at
the late

10 per cent. In Ids " Protect/
that he had had no d;da /o ;
results. Shortly before his death he sahl t
Ileygate, " Ay, Ileygate, you and the fe.
ITS on the cash payments Lave proved
difference at the tn.( would be only 5 p
that at the least it would be 23 per cent
testified by W. Wnrd,
the city of London.
13.—Perhaps the most decisive proof that
to metallic payments, in utter ignorance
that would ensue, is to tie found in a st;
late fir. Bankes, M.P. for Corte Castle.
Attwood was ex/trained before the Selec
trh
81:49psez;atstandard,;n
State of Agriculture, he was asked (Report
or perhaps five
" Do you not remember what was stat(
liatnent on that subject, that th
prices more than 4 per cent at tin
ccohlnuliitsteheef
A„swee—" It was nev, r stated that the abolition of the
silver standard would alter prices at all. It was stated, with
that this would alter prices to the extent of four,
place in the House of Commons,. nine years aiter that time, that
per cent.
toAthmeenitn7tboefrlBo7,zbi
his
he, as a member of the committee, was entirety misled as to
the character of the measure which was founded on its recom-
mendation and report. Ile stated that, in his he;ief, every
member of that committee was similarly misled ; he nddreised
himself to the chairman to ask if tbi was not so ; he statel
that the committee. entirely inexperience •
were misled by witnesses perfectly uninfo
fall of prices of tour or five, or six per ce,
rendered undeniable that a fall of prices
and an alteration in the value of Toone.
per cent., but of twenty, alit ty, or forty
character of that measure, the act of 1811.1
I im he would not have voted for such a n
it in the House or the committee ; nor di
one member of tlw committee. know

Eq., f6rmerly ou

ethers wLo Oprosed
ight. I said that the
Ind yott said

c of the members of

Par.liament returned

_
crnctit made by the
When Mr. Mathias
Committee on the

at the time in Par-

1819 would not alter

in such mattCp7s,
led, Who talked of

was since

measure, would have supported it, or that
committee would have done so.
The chairman was Sir Robert Peel?
yes. He was present and made no a
ment. It was Mr. itaukes who made that s
member of the House of Commons, Sir Ja
question to the chairman of the committe(
diately after the statement of Mr. 1:8111“
dieted that statement, and he
14. It is then evident that t

or suvportal
!eve that any

character of the
the chairman of the

r to that state.
nont. Another

Graham, put a
!le i m me-

gave no cont
the acts of I

whether he Contra•

816 anti 1819 were
,ificted the evils that
•ttrttr. Mr. Itankes

,unti'i be-

ordinary a prine2p.e
:Ise of the value of
of the people. In
o,‘. on Col N. the same

19 was a fair weather
writing on
if 1r;1,1 :—" Nothing

Mr. Gabart, the
inster Bank, when
ssne, gave it as his

lent"itonce;

tfi, gob' was gale

1 by the historian

bvt t ; it contradicts
poses the practical'
us it has caused

int of the national
li'inn by tirprlvir,g
continues to drive
ind artisans to
imod the West
lie Navigation
11(1 primary
mutt the

regard it as preg:
Taylot', all n hose

s, have been

Ittd by the