The Statesman.
London, England, 1819-05-12 00:00:00

NAVAL INTBLLIGENGE.

DIAL. MAT I Arrived off GidEonote, yrsler;
day. the UAW States, Vi.littrson, from Car., for
Ammtridam, all wail. Arrived obis merniox. and
sailed for the River, kr. ilia l.va, South, hum Ha.
viola, mid remains, for ardent 1 Chariot l ills, J
amt. foam Bengal; William Peen, Wont,. heat
Dentarata; Crj • a rd, D,•atifredi S.. Viacom's; and
irreedase, —, has Pamir for 11•11.—CaaM Joon
front Om Pilger the Grenada, Unsold, ter :Sew timid&
Weirs, with convicts; tiritila, Atoirrson, for Ha.
*awash ; sad To bowline, lettighten-,cor anima
tare. antromain.__ _ . _

Poll?Atotmi MAT I 11.—Aretvid bls Nisjr!7'.
Alp Csayients, from • ersho.

Cowes, NI A I vti tit
_at trios _aspen.
from Loudon, citb stores, Goa to teke la troops for
Quebec.
Daaraterrtt, MAO 10.—A pieta of eashevenr
has been picked up off BrWpert, by the Vigilant
Excite cotter, and broight iu here ; it mea,sures 24
fret No Inches in length, is lii Welty* thick in t►e
middle, sad 10 lathes it Path end, Is mach burgle,
sad is all sweater* boost a eorselderable time its
the water, being Wei 'brooch by the ♦eras.
f.tivaroot, Anat. 10:—Vessels spoken with, est
the 11th of April, la Rt. 15. 11. Wog. 11.40 the
Richmond, Rapti, fro. Liverpool to Pluladolphia,
eat II days; en the 11th, la tat. 45.60 long. 31 that
brig Stab, Weatherby, from London, met 12 days;
ma the 24th, le lat. 50. 110. letig. 14. 50. tbe brie
Collins, fro* L.iv*rpo,•l for Neofosendlaud, net 10
days; on lite 25th, la lit. DU. 441. long. 14. 10 thel
ship Proskiestre, Ferrous'', from Liverpool for Caps
Breton, eat five days, by the Marls, Smith, arrived.
from Perasmiseco..-.Arrived the Bartley, Roberts,
from Now Odessa : sailed 25th, mod from the
Balite on the 3001 of INsreh, iu company with the
Clio, for Literpeol, end ibe Therutust, for the
Clyde.

CITY BUS I S itsS.

The Lord Mayor held a Cried of Aldermen ori
Teesday of Gelhiked), for the geniust dispatch of
pabild boaloess, which ryes *et y fully attended.
A swell queltity of foreign gold was palmed sod.
sworn elf for exportation.
The Lord Mayor norn;naterl the fnllnoirg Gen•
throten for Sheriff of I.ondoe and Ididdelesee for tad
year ensuing—

Charles Manta . tog elates sad wheelwright.
34e William Res LM, •N. glisten and .aarr.
Jahn Reid. 111. eisessis aad molder.
T..assww Maahiser. Faq.tl hrs I.lld bets tee.
W Man Thaampaise. Esq. cetera mad itandssagae.
nasapbessa Manta. Leg. ti.itess awl ewok.
Eatwaad Randelk. LI. tithe. mod g.tidwassh.
'k Cade Key. FA. eitidoss statiswer.
Wtet. h,. rlllten and ranter.

The Thirsts of the Court were enenimoosty ?Merl
to the Lord Mayo►'s °Lipkin, for Ms excellent Ger-
woo, pinched at Si. Peel's, ott the first Seeds, itt
Esiter Term.

1114 VAIL AND MUMMY BIBLE SOCIETF

The Annuli Mooting of this Rneiety was held yeas
weds, In th• Kilter Concert Rooms.

TM Doke of Gi.ctocerttit took the Chait.

The Report and a Letter were then read, *Wei had
beers seat to the differoot regimeets by command of the
Duke of York, recommending the several Officers Id
foroish their regiments with Bibles sad Testaments.—
The Report concluded by staling, that the tinsioir
Weill seder engeriliellt Id the smnuot of DWI. sad
tilling for the Immediate aid of the lleinhaig.

LAW brtci.t.rocacs.—This norolirg the Coatis sr
Westerlooter were occupied la hewing motions t
coarse, sod oleo for New trials ; they wore, li•oover.
interesting orely to th. parties coot...med. In cruise.
(ponce of the Jo•leo having to rimed olio linage of
Lords at It o'clock, the Courts Ki Belle
Cosmos Pins, sad gatbtqeer, broke op soon Id et
Corea.

SACRUM:IL —Yesterday siorring the Perish Cho rrh
of Harrow-or-the Hill was broken into, and mines
lodides stolen the►efrom ;coosisting of too surplices,
the whole of the commenion table linen, end a gran.
My of gold leer, which the robbers stripped hors
the pelpit. Po►tonetety, Mr. Winkly, the whoa
clerk, bad the perteding evening removed the wrote
of the communion plate from • bete it was esas:ir
kept. thus the thirsts were disappointed of a can.
aideroble pert of their *spectra booty.—lnfo►metiors
of the robbery has been given to the Magistrstos of
Q•e•n•rqua re Police-ofee, end the utmost lifilancla
is !fiat for the discovery of the offenders.
GUILDHALL.—YestertIoy Johis Moore, a ynenl,►
men of very decent appearance, andel went • Soil,
easmination before Mr. Alderman Tuomus SMITH,
she Sinn's Magistrate, end was filly committed for
Irbil, en four prorate thsrges, for uttering forted
Bank.nites. We meet to say, that this is she thittl
prisOner detrained •pain the spice of a week from
this Justiee.tnoen, for the same ofence, and each of
thews spat more than one charge.

Mr" STleltrt COMPINSATION CASE+ --Tb• Je.1.4
I which base hetes Islely sommoned to settle ILa co,
;monstrous claimed by *foetal persons whose pr.a.i.
sus hemp beet. required for the purpose of formiNg
the Now &tett, finished the cases lately broogll
garde.' their contldetatioa. on Friday the tih h....
Precepts base been ;mood for the trial of sewn. cl.arns,
bet three of shoat were comprornieed slier this lielliPi
sere ;hen. The retraining four *ors tried end do-
tided it. the following mincer, Ror•
LASID. fancy jeweller, No. 117, Osford-*trust, claim-
ed 64191. Ss. Id.: reduced by the Jury to 401301.—.
Mr. teloNanouses Trustees, for proaikru irr Swel-
llew-street, cla;raed 41041.; resisted by the Jolty to
34001.-51 r. Baas TTTTTT retail Jester lu coals.
No. 157, Swallow-strew, cl.luwd 4ICOI. •24 ; fr.
dared by the Jury to 8801.—Mr. beilder,
Vlop.street, chimed 58371.; seduced by thy Jory to

PI CON D

HEVOLIT 11:0” Tllll%--14:RET CMISIITTEIL

O! TH/L azrittsuevir OV

B.INIC RESUMING CAsil PAYMENTS.

(rotteo.Jed from ei.,r Piper .(Yeatralal.)

at Your Committee proeoell to state tie resentsa
vs isi. Is irdurea shre to eressamend the adoptive of
I br
" sir tt.o Hank to pay, offer the Ist of
slay, !ell, a esesso cloudily of nasies so standard
g. 4.1, 31 i.e Mins wire, a sorority against Soctuatien
iu thr valise of the paper eorreney will bo prodded,
of the sane nature stash that which parnenta in
aperio•fius.le,t meowed, to the Restriction Aet.—
If the iSSIOW4 '•• Rank shall at any time Peeled the
amount to whit& MN must be limited, io order to
frirs thee salve re • par wish g Hank
vile he sohjectssel to ao esesedloso demand for gold,
and •ill naturally have moors., as befaso the Rea,
sttirtion, to the amtraetloo of tie Woes of their
patter.
. .

' Tito chief neoutusiondation of this plan, in the
opinion of ilia Committee, ia, that it will noble the
Book to pay their Hotel in gold at a mock earlier pg.
tired that, they could pay them its the present gold
curoonev• There cannot, while this plan is acted on, I
be any demand fur gold for the purpose' of internal
circulatioso; sod whatever quantity it would be non,.
nary to provide with a view of replacing the small
motet at present in cirru'ation, may therefore be disa
loused with. That portion of capital, which moat
otherwise be applied to the purchase of so expontive
and unprodective instrument of commerce, will be
left suitable for the employment of productive lo-
be., ; or at any rase, limo will be afforded,
during the operation of lb. plan, for the gradual
abstraction of that capital, and for the accumulation
of such a stork of the precious metals, as may enable
the (Jos.'s, with perfect safety, to supply a metallic
ctirresocy. Although in tho event of getters( panic,
mod a want of coufideueo in the stability of paper ere-
flit, the Bank would be trammed to the seam demand
to which they would be liable were Cads Payments
resumed, yet it is probable that the drain, caused by
sodden and tont alarms, would be greatly diminish-
ed, if not altogether presented.
" in speaking of this plan, Mr. Baring ob_aorvesi
6 under sock • eytient, the whole movie of bullion
that ...told be regoir.d, most be that amount which
the Beek would be under the necessity of keeping
for the purpose of balaucing the variations that may
from time to time occur isr the amount of currency,
which at different periods the aisle of the cougar,
way 'Noire. sod farther, any amount which the }Nob-
hie sr be disposed to hoard. I should uot :^t^tt
lb+. the •ftir sot so required by the Batik could touch
"steed five or six millions. brow* I should net i
thisok that the coutr•rtion sod expansion of currency
at different pooloris could go much beyond that
anionsit. Hoarding world go rerisiuly to • less es•
tent than under a system of coin, because
could tee no smell bonds, and persons would be lime
diaposod to hoard larger moms when they had not do .
'peens of issuing them as currency, if they should be
disposed to do so, otherwise than by selling or car-
eying them In the Bank. Under these rircoasstaecti
I should incline to think, that ten millions of bal.
lion would he atmoodsot for every impost ; hot it is
diflirolt to speak with sentacy of so notried
" With respect to the preservation of the standard
of value, Mr. Baring states, ' that he is quite confi-
dent that the standard of the coontry, and of course
the par value of the paper, would be preserved is
much greater parity than antler any system of coin.
Mr. Holland delivered a paper to the Com-
milt., in reference to the plan of Hellion Payratnts,!
in which Me thus espresses his opinion :-•-• I ran no-
lure In @saw. as a practical man of boatmen, that
there will bo little if any dificulty in carrying it into
oriert ; that it will not onstecissarity cramp circula-
tion ; that it will not impede the ordinary measures,
either of Government, or the mercantile community,
but that, on the contrary, it will restore order and
harmony to the system, end give to the country
vi hat all parties, who wish its welfare, desire---a safe
and -dicient standard of valise; vaiiablo, it is true,
in a room to degree, hut less variable then any stand-
aid which any country has ever yet establishod.
.• Your Committee will now give their mosso' for
reeenarnerding the arrangement, which they have seg.
gelled, for regulating the media in which gold shall
tie issued in exchange for liaok-notes, between Feb.
Ist, 182 t), and May Ist, ls2l.
" The Committee consider it necessary to is a do.
period at which the Book shall be wider that
obligatiota of isseiug gold at the Mist price, sod a
standard shall be thus ertablitheil to which the value
of the pe, Cr entreaty shell coolorm, and by which
its ;sow, shall bo regulated. Parlament has, vu
mote than one occasi”ri since the Peace, liard a pe-
riod for the orturn to payments in specie • and when
it hes footnoted to a further sooornsion of them, has
expressed as' opinion, that their resumption was
highly desirable; and has assigned as the reason for
'eliminating ob. restriction, the expediency of enabling
Ili, Book to make such proporallona, as to their diva
notion and vs, +climes might appear most expedient,
f• r ritsbling them to resin:so payments in cash, mah-
out public inreaniiience.
•' Year Committee, therefore, are desirous, in
~commending the further postponement of those
psy,flents, to devise some additional security, that
preparsions shill be made for their resumption ; to
pi. Toot an impression on the piabiic mind, that feak
their sospensions will take place, and to indeed.
gradual secomorodation of commercial inanctions
to a systoles of currency which, having been long
discontinued, could not be suddenly resumed, with.
our tritroint end embor'asoment,
" They conceive that oath security will be best
by Winking the Batik to revert, at on
es rly period, to that principle, nto which,previessly to
the Iteotrictlon At', their i were regulated—a
ref,,ertcy to the pike of Kalil. They propose, there-
fore, th..t time having been aliosred for the repay-
ment of 5 pnl /inn of the admin.' to Government,

thr asnit shoti und•rtak►. at a ;:ven p►rind, to do-
bier. gold in esehanie fur their notes, in the atlester
elteatle d►ierit/el

" B.BwYett the proton! Ilato, end the romeneeeth.
sumo nt the yet? 1'320, your Committee crania on.
tirp.t• opetvion of any of 1110.. rawer, which
oft, e the 'slot of the previous metstr, to yrte".t‘ess
to profit •:e Blak hue Covntrrectiug thl elfett •f