The Statesman.
London, England, 1818-05-27 00:00:00

EAST INDIA•110tISE: May W.
TnE coURT of DIRECTORS of the
UNITED COMPANY of MERCHANTS of SMO-
LA :V IL trading to the East Indks, do hereby give Notice,
That with reference to the 401 Sadist of the Ist Chapter of the
• said compasses By Lase, se Gessret Court will beheld et their
' House. in Leedenhall street. on Friday next, the 19411 inst. et
Eleven o'Clock tattle Forenoon, for the puresse of laying before
the Proprietors a Draft of a Pr•Posoll NW, salsbofere Perlis-
sent, entitled " A Bill to amend and ranee beta one Ad the
*opera( Laws retesting to the ins ever is seitheu lA* East Intim
Compositors required to hire ships."
JOSCPII DIM!
Assbtord Secretory.

T • ,ery ilioneroos and isiellootibie NEVI
.Ll► or the •Id fiRCHANTS, BANKER& MANUIPAC6
Rpßfi, end INHABITANTS AI the CITY ordArd DON,
'Nod at the Di: otiowbotute, ass Tuesday. the fifth of. May;
The ;Mho Hon. the LORD MAYO*, is thordiairt
It was Dmosiiaimslv Resolved,
Visit a Loral 111Oi-ur.fis. ed- a Jr.boistroa la loseduo. and Id. 0,
elsoldrrin al Neissorstle, an all Coals itisported ;NW Loudon,
whose a Duty of 6s. 6d. at a few -of the oat-ports, sad tea•
lairds of the popolatiew pay so Dino,- is a•ljoe end ape
Pre-live. liberalise it is partial and distresiing to s very as•
-seer us rhos of small ilttie..keeper• and the ..poor. and Kg*
injoi iota at 0111 f Misaufretring, and Cowdewedlled
Th.it it is the peculiar hardship of this Tan, that it leaves
wholly exempt those oho &wild best afford to. pay the-Hugh,
Slot having the additional heavy charges of fieight, laggssane,
• Ike. amounting with the Duty to three sr four times militibia
• Cool-, east the consumer where they are produced:
This; an Equalising Doty as Goals !solid sot Hey be fair
and just towards all • !altar sad interests" bet mould *lmre the
eissomiption of C ids; would give to eflii y ,asettlik fear and
equal benefit of their waists's local situations; would femme
statmfactories noire geNerolts through the Empire; would In-
crease properly wherever sairigation esteeds; pouts lower&
agriculture; would encourage our teftlol.ll and Improve asmallip-
ping interest, and mate' Lilly lessen the distress of rimy of the
poor Inhaliiimik ~f the Metropolis nod its vicinity.
That whatever reasons the Legislature might have had to
'create portiril tdention upward. of 100 years sire, the °eerie
sity of equalizing sloe Duly as Coals Is produced by the great
increase of caurile,laland collieries. railways, and stearts.engisses,
unknown when this partial taratina began. the consumption of
Coals being then very small, wood being the principal article
of fuel; therefore these great sources of our minim' commerce
and industry ou.ht now to be fairly promoted la every port of
this great 16,mpire.
That Si. 'per cliale!ranolvsied within the port of Landon WWI
origin lk for the buiirling sof churches in Lo dose, in the reign
of Queen Anne; that iti application to the Consolidated Plod
is no reason for iii continuance in a time of general peace Lodi
security.
4Tha a Petition grounded MI the foregoing Resolutions he
preseuted to hoth Douses of Pathameat, praying relief from
this partial aid unequal Tax.
That the Petition mow read toe the !'elision to both Houses of
Parlinuntal, be signed by ull wiriest, and lay for signature omit
one 'elm k vs Primo oast; at the City at Loadoo Tater, sad
London C.,ffre.
That the Hight line, the Lord Mayor he requested to ptesent
the Petition to the of Crimson:is ; and the Member* for;
the City or London, Borough of Southwark, City of Wesimin-
&ter, and the lime Counties. he requested to summit the same.
That is Subscriptimi he isnw (opened to defray the accessary
ex pences attendi• g carrs log ibis pleasure into effect.
That Charles frier, Lsq. be requested to take upon himself
the office of Treasurer.
That is be recommended by this Meeting. that, previous to the
next Si of Parliament. Local Meetings be held in every
district of the City of London and its vicinity. to be relieved
trim this unequal burden.
That the Committee appointed under the Resolutions of the
16th April lost. be the Committee for forging the (meaning
Resolutions into effect, and to hike such measures is relation
thereto, as shall appeir to them to be advisable; and that they
have power to odd to siicir number.
That the Tisanks of this Meetiug hot given In the Members fist
the Cott of Loudon. for the active support which they have af-
forded to the Committee, and that they he requested to continue
the same.
That the Thanks of this Meeting be given to the Right Hon.
be Lurd May or, Fur the prompt, active, and zealous co-opera-
tion odonied by him to it.. harem. lance of this important object,
and for his impartial conduct in the Chair.
That the of this 'Meeting he given to James Jacks
sod Beijaaaiii liaises, &qrs. for their able support and assist-
unite.
that these Resolutions be in-cried In six Morning and two
Evening Puper..
By Order, kM ES IV A 1/A M. lion. See.

ABUSES IN CHAitlrlFs EXPOSEDI .
This.day was rubli•hed, • •
IrHE SPEECH rJ' HENRY BROUGHAM,
A rq. on NATION Al EDUCATION and ABUSES in
•CHARITAIILE INSTITUTIONS.
A
I. Mr. BROGGIIAM's SPEECH go the STATE of the
HATION, 311.
GlIEY's SPEECH on Lord SI DSIOUTH's CIR-
CULAR. So. 64.
Printed for Jirrnes Ridgway, Piccadilly.
Alb...
Lord KINNAIRIYI LETTER to the Dole of WELLING-
TON, Second Edition, 4*. -
Lord K INN AMU', IIEMIOIR delivered to the CHAM-
"GER of PERAt+of FRANCE, t-.

4-
A3arylit. VIA -----il W. UFA cfbltY, Queets-
tired, Che,p4ide. Luoul,o).
111 PEN STR ABLE AN!) ANTI-CORROSIVE PAINTS.
I or.i.d.le Greco. per Cwt. 5.5. Slack per Cwt. 564.
Olker diito • • 76.. White . . 48.4.
Itlrq:ht Olive ditto • . 1149. Yellow . . . Sea,
Molt fled : . Sos. SI tie axed Lead Colours • 48..
Brigid Bed . Sis. Stone . • WI.
tsknoJlgoe • . 484.
Prepared Oil to thin them for use St. per gallon.
Refilled Coal Tnr Brown :1:1.. per Cwt.—Common 18s.
P.e.t W bite Lead,per Cwt. 504. Turpentine per Gailon 6s.
:waited ditto do.
LAMP 464. Liosn-d Oil, per Gallon 4s. 9d.
OILS.
Per Gallon. Per Gallon.
Cenuine Sperm Oil 94. OJ. Refined Oil for Patent
Iki A flora to. 7r 6d. Lamps 3'. 6d.
Pale &al Oil 4s. 9d. Pale Whale Oil 44. 04.
Common Ditto Se. 9d.
The Impenetrable Pallor are ,ultr.i to all oot.tloor unfit..
it here uhasstrome oppeorroce moil great dur ,nitily ire required.
be Coal Tar Paints, partleultsrl% the Railed, will preserve
Mood lot man, sear!, however much exposed ta the elfeel- of ,
rLe weather, antis a certain care for Yetmin and Dry Rut: if
dies A eitiet if,g item IY equal in appeamaer to the toil Paint..
The "S bite Lend, Turpemine. Linseed Oil. and 0.-linters'
Cohihrt, are ut. the best mull tie". Ti..'L%mp Jiii We war.
voted eeettme, and from She mostarr is wai,a Cite) have twee
• meshed, will :.e found •operi.s. to thee genii:l;ly m.ld.
GliOlit.E. e P f 1)N and Co.
Nierrltanis and the Trade supplied MS ntluauct.lte"l". terms.
.ti I). No quack; tv leis than 10)4. of the impenctrabie rows.
cad 1 Cat. of Cue! Tar, told.

,Cl,OOO PER MINUTE.
440,000, 415,000, or 3C2t,000 Air the Sixth-draws Prise
above ‘l,OlO.
HAZARD and CO. Contractors' Scheme, reflood
as the bogie of distributing 107 CAPITAL PRIZES
among Advabiarem to the Fero URSDA Yo
4th JUNE; TWENTY THOUkIAND POUND PRIZEo
mat be Draws, besides the Chonee of other Capsule.
THE SCHEME CONTAINS
of XVI% "0!

Prizes ~.. 'Ow!
4 Prizes of £S.OIO end SLoi Of ,
4U Prizes of ACIAS) awl £S4IU I
60 Prizes of £9OO and •
4,696 Prises of sEIOO, £3O. &r /tr.
• The Viler 10 Prises will have ZlOOO M "re.
•• The Pint beo Blanks will save £l5 each.
.- The hizth-draw Prise above LIAM mart be
5E211.0001
• - £? ,(A !—ar,
£40.000 I
• .061.4100e1 nitres are eeiliog by
1111kbetoat &heir very eld Cam

!AZAR!) send Co. Cene7l
Rqyal Esrlennere:
Haaehed Teeth-who
Sold *is Slowed -
.FIVE PRIZES OF TWENTY THOUSAND POUNDS.
the Last Year's Lotterief. nod Copiesh in (unser Lotteries
Aidionaing lo
• R. R. L. Lottery Tithe,s rose to ,C5ll, and Sisteeoths to
40s. Thin Lottery has MORE OA PITA LS. with 4.000 LESS
TICKETS. vet the Priee. ot present, is tally 619 Ills. for a
Ticket, dad Sis. for a Sixteenth. •

• HOUSE OF OP LORDS, liar W.
PirrilMipien and others broesht up frote,the,•CsomAsoupgm.
Irish Book Restriction 818, the SIN B sistias° Bill, the Mob.,
Emile B.U. the Wish and Irish Militia nitinaloollttimgmtlai
and tee Irish Assessed Titan' Bitt, uisicitemma emst u Iliml
time.
'sae Baordif StIAYTRSBUIT brought stylise Report are
the It'lrte:ti ifteet dimodusck i Idle mid. Ile the Hopirt,litexiel
ever-twee. a alai% NI the maim of the LORD c ii Akkrosl.-4
LOB, was ailed. the elsjeet of wlsith has se hack* tit! 1
pietist.* ' thorny* whit* olio ae laansi the
alter a am , Vll4teir NW Meg onier:the
.eircutessaaces Ws* . tit Oa the disomitioa is the,
committee, , .
Lied GaltilirtLigli
caulk
and Guardian's of the at easiest the Poor Lase
Nekridesetu BM Is present ' she Peritissri, his Lordihip
tack eecarkta re express Mier Ilitit the whole ',Atm at
which the Petitions sempishied wes radkelli ass Inadamomo‘
tatoti..s !lad [sided t• NOM" .44 e it*" igeg•4l4l _ . .
tellinet; .0 -
_.
The-Ciserrhe.' Billasidi the Irish Small-Debte MI-WAG tea
a third dere mai poised.
The Karl of LAUDERDALE asked whets it was hooded
10 propel* the betatid readiag of the Bill relative to the Sale of ,
Us lie/ i
No sower being gives. the Noble Karl said that be had asked
the question in eider that their Lortlxhips ta:ght sot he oaken
by eateries on the relieve if this Bill t het i.itire it had no Pa-1
transit that Haase, he skeeld himself wove teat it be rend a
third dint thistles two tarmac.
(Leiverdtk.eHOLLndANDdirralf nosier Mat he would to-toorrow
move
Illarqer of li..A N sTx)wihe N K. that tkeelysihnai Idling
es BIM': Imiliti7le
dry, move the second reading of the °Renders' C./am:tide big.
BANK RESTRKTION.
The Earl of LIVERPUOL, on moving the com-
mitment of the Bank Restriaion Bill, entered briefly
into an historical detail of the different Acts passed,
for restricting cash payments at the Bank, and cx.
pressed his regret, that he felt it to be at the present
moment an imperative duty to move the progress of
another Bill of the same description. At the passing
of the lest measure of Restriction, he had looked
forward with anxious hope to the period there bled
as that which was to terminate the system of Re.
'friction, and when the country might return to its
ancient currency. Circumstances however had oc-
curred which rendered that utterly impossible with-
out incurring the greatest risk and danger, It was
understood at the time the last Restriction Act pass.
ed, that the time there specified was given to the
Bank to make the necessary arrangements for re.
seating cash payments at the period pointed out by
the Act. That the Bank had done so be was fully
satisfied, and he might say he knew ; there was
therefore nothing with regard to the affairs of the
Bank, nor was there any cause arising from the is.
ternal state of the country, or with regard to owr i
relations with foreign Powers, that called fore coiell
tinuauce of the Restriction upon cash payments.— '
The cause was t• be looked for in the circumstance*
arising from recent events, which were matters of
public notoriety. It yes well known that France
hurl entered into arrangements with the other Powers
of Europe, for the purpose of paying the whole of
the contributions in the present year, that were
payable by her for two years to come, and also for
paying& sum in discharge of the private claims of the
subjects of those Powers, which sum it had been
agreed to accept. In order to effect this it would
become necessary for France to raise, within a limit-
ed period, a sum of not less in amount titan thirty
millions sterling. That the raising such an amount
would affect the currency not only of this country,
but of every country in Europe, was, he thought, a
proposition too clear to be disputed. It was the
tisk and danger arising from this that it became ne-
cessary to guard against; nor could he conceive any
thing more to be deprecated than Vie trying, at such
a period, the experiment of cash payments. It had
Seen said by a Noble Marquis on a former evening
that loans had been raised in Holland, without lead-
ing to any consequences materially affecting the
circulation of that country. Tl.is he admitted ;
and he admitted also, that, in the ordinary trans-
actions of society, the money market of this
country would not be seriously affected. But
the transaction to which be bad alluded, the
large amount of loan to be raised by France, was an
exception to all ordinary proceedings. In the or-
dinary cases of the exchanges with foreign States be-
coming unfavourable to this country, ordinary means
might be resorted to, in order to prevent any efforts
injurious to the interests of the country ; but the case
to which he bad alluded was beyond all those nr.
dinary measures of precaution, and could only be
provided against effectually by the measure now pro-
posed. It had also been said, that the only cause for
continuing the Restriction arose from the advances
made by the Bank to Government. He was aware
that there were great authorities, who stated, that
the advances made by the Bank to Government were,
in 1798, the cause of the Restriction of cash pay.
ments being continued. To this, however, he could
oppose authorities equally great; but, even sup-
posing that the advances made by the Batik to Go.
vernmeut operated at that period, or that they might
operate under circumstances disadvantageously, such
was not the case now. The advances made by the
Batik to the Government were, at the present period
in a course of repayment, provision being made for
that purpose in. the finance of the year, and they
would be shortly repaid, as far as the Bonk wished
•r desired. Upon the whole view of the case, there.
fore, he could not, consistently with the responsi-
bility which attached to his station, mensal to the
ret‘rn to cash payments at the present period by the
Bank. It had been said that she circulation would
not be affected by the drain required by foreign loans,
inasmuch as manufactures would be exported in the
cast of the high price of bullion., There was no doubt
that manufactures would in such case be exported as
far as was consistent with the.interests of those who
were engaged in that description of business, but
there must be a limit to the export of manufactures
occasioned by the want of demand, and the conic-
gotta lowering of the prices) in whicb case the same

dificill Warned, _ . , toiNght to prn.
vide against. Under all the** teactnitisineve hetet
it an imperative peblic shop till preprint the prelate
UM. Ns Lordship cancladad ) • moiling that 40
Haul melee itself into a Coiaiiiittei spoil tai
Bill.
_..
lard GIIANVILLE bisiae by Istproiliiii; the is:
frame dipappniatesetat be upetilabaed at indhig • bid
411ajesty 'a M inistera of mare polailag 16 Piga.-
' tent thefrmewei.ef ibis swiaseemlet suspending lash
4 ovatesp bk.*, 13141 k Pi 11:aglaa41,„ .Whimkthip ow-
re 1:01,4 tif#4o.oldobip& taw I esiaigoi .11e
Altil et ' AAA MPS lean neellaelte la- theldbfair.
°Eel ': ..i AO 4044 Oat • Potflitaiaat , atiltd .hlot
tillaie be *Uri *pee to *Wien !U. 4 attill.l WON
"It WhOgsl4° 111.14W1" er rl4o.4lliolgii•livh
fs arisipy sprepeas4 felt UsarviatMarAlipalliiiiir
a bei4e4 gig 01001niellei *kb in reit or intooriali.
ewe, and was convinced that a. mailers mere filial

to the security ail ,prosperity of tit !smutty hid
never been prepetett, This convirtios lost soar of
its force daring the ezperience,of the war; awdeiti
bad looked with eiugiely Is? datt.,00144144 tshdsi Air
might throw away this clog tlus4 depressed the eiser-
gies of thecountry.aed pretested it fromesijoyingtho
Lull benefit of its great (*pita!: For the. attaiiimiet
this object be did not think the period of elk
months; allowed by the. Jtills passed daring the arts,
too abort—be did not think the period of one peer;
subsequently proposed, too short—and lite had hit
less objection in the 'mein year, or bed at feast ea-
preseed less objection to prolong the pitied to tvid
.years further, it was bectese be .bad coaddeetty be-
lieved that it was understood by the Bank and tie
Public as a solemn pledge. by Parliament that thee.-
isting anomaly in the interims' slate of the coantey
should terminate at the period presciibed in the Act.
He bad considered that an inviolable assurance had

been thereby given to that effect, which nothing bet
the most urgent necessity could ever induce their
Lordships to retract.—( Loud cries of Hoer, hear!)
—it was high time, however, to ascertain and de-
dare the truth revpeciing the nature and character

of this measure. Were they to persist id tho illu-
sion of affecting to impose a restriction upon the
[tank, when, in fact, the measure *as an indulgence
solicited—( lkor, hear:)—iod which ranted to
the [Sank the power et paying its creditors in a de.
preciated paper current t, lower by Ate per cant than
the saluo it professed in represent? He requested
their Lordships to consider the moral Injo,tiset of
granting such an indulgence, which wont t• defiled
the creditors to the amount of the depteciation.-.-

Before a 13i11 of ibis Importance user* pasiedi It
would be well to ascertain bow the fact actually
stood, and whether the measure were really en in..
dulgence grawted to their willies, or I restrictive
measure affecting the Bank spinal their wishesr No
doubt should be suffered to east Open the metiers
for it was of no light importance, wbethersa commerst
cial company should be permitted to pay their debts
in a deprettated paper, or whether in a commercial
country, Parliament should interfere to meet*
them from fulfilling their engagements with their
creditors. Tnis latter point, boweeer, was by no
means proved by the silent admission of the Bank of
England—for if the Bank Directors were serious in
deprecating the continuance of the Restriction, as a
Measure interfering with their interests{ they woad
hardly coutent themselves with a simple negative all
the present proceeding; they would cypress them.
selves loudly and warmly, and complaie of the me.
just and cruel conduct of the Legislature. Lit that
Lordships imagine bow any of the great banking&
houses of London would set—how the houses, for in.
stance, of Colitis and Child would express themselves,
should Parliament declare that—" Whereas sock
Or such a house is likely to suffer great inconvenience
from paying its debts in the current coin of the
realm, be it enacted, that their own notes shall be •
full and lawful segeittsuce of their engagements ?"
Would the house so treated remonstrate with Par.
'lament ? Would they not says 66 You have enact.
ed a measure destructive to oar credit, arid ruinous
to oar interests. it was by oar known ability to
meet our engagements that we have risen to our pre.
sent allltineice but by questioniog that character yolk
haws destroyed our solvability, end thereby rained
the very essence of our esistencis ?" 4 it, undnebt-
edly, continued the Noble Lord, Parliament In its
measures should consider bow far the interests of the
country might be involved in those of individuals;
but, in such case, the necessity of interference
should be established by the most irresistible testis
many. The necessity, however, in the present ie.
stance, resolved itself into a mere euestios of cermet.
'silence to the Bank of England, and the country was
desired to look forward to a resumption of cash pay.
events, only when this inconvenience might chiliad
not to east. The resumption of cash payments was
indeed admitted to be desirable on every principle of
political economy ; bat it happened, etifortonately,.
that an apprehension of the slightest inconvenience
was sufficient to retold this desirable event, end to
induce ,Pagiament to condom, • spline" which had
once already brought the country to the vetgo of des
strection—which removed the land-marks of proper.
ty, and =obverted the principles of distributive jet).
tics. While this system continued no man mid
know the value of his property—no wen could mid.
mate the value of his labours or eller:late the resat
of airy undertaking. Its pernitoos Influence el.
tended alike over the wealthy also sad the poet
man, the proprietor of millions and the humble se.
nuitant ; end was it for a mere speculative odeenteges
or rather for the avoidance of en iessginiry Memo
venience, that evils of the most *lariat% ougottodo
were to be endured ? By this. system a metallic cure
reacy had been changed for free which ecivatieesilr
varied, not from any priecaples M eatery, nor freak
any alteration in the milehell of progoith bat ft


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No. 5839. • it' i etiat 1.1 B 4 ' . „ ''.
.. . , . • " LONDON WEDNESDAY,'.mAr 27' 181 g * • --•;
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" tie Cause for wide* liamrasti fen be VOlitii, and Sala sr died as the ite., citit' . • -• ' • ~
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• ez ART IN ni w.linficE, May 26. I .
£l,OOO PER MINUTE. I. IMPERIAL PARLIAMENT. 1 difficilif eksirnedt which It am. am billed to prow;