The Statesman.
London, England, 1810-11-09 00:00:00

• Resolution o f the Court of Directors, and Deputation's In-
terview with the (7hencellor of the lixcherser,2l it of Feb. 1791 .
The Committee al/serving, with greet urieasiners, the large and
constant decrease in the casb,held aparticular causal' atioo on that
subject this day ; nod on examination into the state of thexash
since the begineing of this year, they found that in the course
of the month ofJanuary there had been adecrease of 1.
and, since the beginning of this month a further loss of
and that the cash wasisiw reduced to between 1. and
about I. value, in hullinu and foreigo coin, and about
the value of 1. hi silver bullion. Perceiving alsrr, by
the constant calls of the bankers from all parts of the town for
vosli,that there most be some extraordinary reasons for this drain,
arising, probably. (roil) the alarms f an expected invasion;
the Cominittee, after maturely considering the matter, resolved
to send a notice's; toe Chauvelior Of the Exchequer, of the situ-
ation of loaners at the Batik ; and se explain exactly to him
how the cash is circumstanced, that he was, if possible and pro-
per, strike out some means of alleviating Me public alarms, and
stopping. t its apparent dispositina ia people's minds for having
alarge deposit of cash in thric houses. The Governor, I)er my
Governor, with Mr. 1)arell and Mr. Bosatiquet, were deputed
to wait upon Mr. Pitt ; who went to him; and after describ-
iug to hialthe auxiety of mind which all tho Directors were un-
der cent thissuhject, they explisieseldp Mr. Pitt the exactparti-
ul ors above-mentioned. Mr. Pitt seemed aware, that this un-
usual drain of cash from the Rank must arise from the alarm
~f hica be observed was sow beanie much more
gene fat t 'Jars he could think necessary. lie said, that by all his
lafarinsi rocs he could not iearu of any hostile preparations of
coasAiisnce making lu France to invade this country, except the
fleet is inch was re-fining at West, after being drison •if from
the coot of Ireland; but that he could nit answer that no par-
tial attack on this country would be made by such aimed and
desperate enemy as we hod 10 deal with. The deputation
pressed on Mr. Pitt its declare something of this kind in Par-
liament, in or er to MSC the public mind. Mr. • Vitt also men-
tioned, that he iioped the Committee would, in the present si-
tuating of matters, think it necessary to esideavoar at obtaining
a supply of gold front foreign countries, stbicli the Governer
told iiirn they acre considering about, and should do what
they could therein.
t Interview with the Chadeeller of the. Exchequer, 224 of
February, 147.—hisn. Goldionidi and Elitism attended the
Committee this day, and were directed to give further orders
to .ii4intsurgh far the purchase of gold; and were told that an
applieatiou scould iminediateiy be made to the Minister to or-
der a frigate or armed sloop to go to llamburgh to take in such
old as might he bought, and istso to desire that the restriction
on the Captains of the packets, not to take any gold on board
at Ilamburgb for this country, might he taken WC The Go-
vernor aid Deputy (itivernor waited on Mr. Pill 4811 this sub-
"ject, promised to apply at the Adinir.,lty for directions about
senility; out a fsigate or armed sloop; and that he would up-
ply to the Postmaster-Geaeral to give the orders to the Cap-
tithes of the packets.
Interview with the Chancellor of the Exchequer, 44th of
February, 1797.—At a Cnnimitteeolthe whole Court held thee
day. it appeared elsat the Imo of cash yesterday was above t.
', and that about I. werealreatly drawn oat this des', iehich gave
• such an alum' for ?'NE s.ipKte OF I'EIE BOWE, shut
the Deputy -4orermse and Air. Besanquet were desired wait
An Kr. Plll to mention to him these eircemstanoess ad to ask.
him !low, far lir theueit tbc Bank might vcuture goon pki

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