The Statesman.
London, England, 1815-07-04 00:00:00

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• Oisproved ? Until disproved, it must be believed.—
It rested on the strung eviderice of common fame.
against the wire which ie n. gbt shut °urgers, but
it steroid aril he heard. There Was this corrobora-
tion also, that where from the nearest consanguinity
ev-ry palliation and esesse might be eipecter.d, the
strongest disapprobation had been expressed. It was
tree that the connection WWI actual!) formed:
the lies. were not tolled upon to dissolve the Mail
vier; they were only required to take the manly
course of refusing to give their sanction to 3 pro-
ceeding which filled every reabotting person in the
couritt v with sincere regret.
Mr. FORBES reprobated the argument against
the Bill, derived from the runrount in circulation,
and expressed bis astorii.hment thot the Hon. Bart.
should milintain that those rumours ought to be be-
lieved until they .sore diwrovell. For himself, he
hat code nit rule through lift., never to give credit
to any report that he heard.—[.l laughl—There
was only one person in the universe against whom
he suss ready re join in the general hue soil cry. On
Or present occasion he should most consrieotiously
stand up in defence of the illustrious person, who
d been so grossly attacked, and vote for the
Bill.

Sir G. N. NOEL (lectured that he wag disposed
ratb••r to augment the sum to he granted by the Bill,
to r.i. e I the Bill itself, were it only to secure
the r..•iti.•nre of his Royal Highness in England.
A chtkinii enctsvd— •
F..r lie A metailliOnt; 145
AK:I4,A it . 115

Malirity
The Bill iv coptcrquently !mt.
fiil MIKE OF YORK.

Sir AJ 011 I BANKS after expressing his in-
adequs) to the !s-lt %Lich he had undertaken, and
lli enoplete impoitialitt, not hasiol; the honour to
ktiow ot Y..ik, poctpoo.4l until to.mor.
row his Mini, o for 1,a..k. to his Ho) al Highness,
for his conduct a- Gnro.oander io Chief.

%T\ !' BILL
M►. BROG DEN brought up the Report of the
Stamp Bill.
On the Motion dist it he agreed to,
Mr. GREN FELL said that he had recently eb.
tained the knowledge of a fact e respect to that
part of the Bill which related to the Bit•k composi.
tion. When he stated nit a former evening, that in
consequence• of the oversight in 1804 and 1808 the
public bid lost 531,0001 tie had beets answered, that
prier to 1804, the priticipie which had been acted
upon by Mr. Pitt was not to exact front the Kink
the full sum for compensation, which they would
otherwise have paid ns duty. Having since examined
into this matter, he found that so far was this from
havisig beet the fart, that he pledged himself to the
Douse to show • hat in 1799, the sum of 90.0001.
fixed as the compensation to be paid by the Bank,
exceeded the amount which the Bank would have had
to pay at that time for Stamp Duty, with reference
to the amount of their paper then it. circulation.
He repeated, therefore, that since that period the
Bank of England had benefited improperly by their
contracts with the public; and that unless they
could contradict his statements, it was due to their
owe honoue and to justice, that they should make
restitution to the country. If in an agreement be-
tween two individuals, any fact were withheld from
the knowledge of one party, that would entitle him
to a subsequent restitution of any benefit so unduly
gained ; and the same principle ought to operate in
engagements of a public nature.
The CHANCELLOR of the EXCHEQUER
observed, that as no account had been made nut of
the amount of Bank of England Notes in circulation
in 1799, he was at a toss to understand hew his
Holt. Friend had formed his calculation. With re-
spect to the composition which the Bank were to pay
by the Bill now is progress, it amounted very nearly
to the sum which they would otherwise have had to
pay r... stamp•.
GREN FELL in reply, s' tied that his caleu-
la'i••n of tit' composition which the Bank of England
would pay, if tie. average of the three last years
kt', 90,00 ii. ; that of the Go►ernor or
th•• k &1,0001. The amount of Bank piper in
...tutu was 28 or 29 millions ; of which 9 mil-
it. .n. w ere in one pound teem Calculating the duty
of 51. a poised 0.. that sum of 9 millions, the amount
sa mild he 187.51X)1. Let that be divided by three
(the ituattser of ,eats during which Bink notes were
a:l.•we.l In remain in circular ), and the result
would be 62 5')01. for stamps on one pound notes
out). le older to render the statement still more
fair, he •ss ~11111 take the amount which he calculated
the C•tmpnsitton, if on the avera4e of three years,
W. 101,1 111 ful.ice, at 1(.0,0001 It then appeared that
tient would remain about 353,000%. as the compensa-
tion for ail lhnk of Enr,l3sid Notes above 11. in va-
lue. In the beat 1799. the cotnitensation fixed for
the whole of the Bat k Notes above 51. in value was
90.0001. Since the, p.•ried the Stamp Duties had
been ilicrea•ed. Is. 1801 the Stamp Doty on Notes
of 51. in value and upwards had been increased 50
per cent. consoqiietstly, the 20,0001. would by
that itictease he made 30,0001. In 1808 a further
iecrease of tile Stamp Duties took place of 33 per
cent. That would carry the original sum to 40.()001.
But that was more than he wanted to establish his
argument; as, in addition to the 62,5001. for nutet
of 11. in •alue, it would make shove 102,0001. It
was esulent, therefore, that 20,0001. in 1799 must
have beets a sum larger in proportion than the sum of
99.000(. or 10:).0001. which he contended the Bank
ought to pay for its Palatine circulation.
Mr. MANNING thought that upon the present
occasion the Chancellor of the Exchequer Lad done
hit duty ; lie had made an advantageous bargain for
the public.
Mr. TIERNEY soil, all that his Hotionrable
Friend wished was. that the Bank of England should
pay at the some rate with privide Bankers. It was
of the utmost importance to fix the priociple, that in
all (attire bargains with the Bank, they should ascer-
tain the emoted cf their circulation.

The CHANCELLOR of the EXCHEQUER
tiefendtki the transaction with the Bank.

Mr. ALEXANDER BARING said, if the mat.
ter were rightly enquired into, it would he found
twat coropenqation Wag rather due to the Bank.
Mr. S. THORNTON defeuded the conduct of
tlus Bank.

;fir. Git E NI'F LL, said np to 1800 the Bank did