Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1815-09-23


client and impartial protector Il their right |
& their welfare. IN particular, we guara e.
to The catholic church its establishment and
its liberties and we shall not lose sight %
the example ofwisdom aud moderation, I'll
tits respect, which have been left us by oui|
predecessors, your ancient sovereiSns, whoseI
memory is so Justly revered among us"
"Given at the Hague, July Is, 1915, and
the I'd year of our reign.
(Sgned) g WIILIAM."
"F or the secretary ofstate, in his absence|
the cabinet secretary.
(Signed) 'P, de. CROMBRUGGs."
"a true copy)
The clerk to the secretary ofssate.
" L. VAN GOBBELSCROY."
B7'is of ENGLAND .Accoa1tq.-T The a. eraee Al
mount VI public b,laucss IN the hlnss Of lie Pakv
between lie lstof February, Sl4, ani the iSth 4
January, 1913, both inclusive, upon accounts open
Ell at the Bark, was 26l ,l62 and the arionni q
the same, exclusive of the Exeh, quer aec1uai, III
tween the LIST Of February. 1917 and the 18th
january, 1878, both days inclusive, upon aceouaiv
opeRed ut the Bank previous 10 the 93tli ol March
1860, was 1927 ,O25l The aggregate amount
sank Notes, includi' 1000 92O!. in Bank Pos
ish!s, in circulation on the 18th Of May, sc, |
41S,SS0l. The average amount ofnnciained di,i
dends in the hands of the Bank for twelve months
=
gross amount 9,S57 1851. The amount of uucainr
ed dlvdcids in the hands of the Bank on the fslI
January, 1915, was 297 ,7i2i of wIsieh s56,7S1rl
las been advanced TO Government per 81 and .i8
nenree Ill. leaving a remainder in the Bank, oil
42i,OoSl.
MR.. CRENFELL'S RESOLUTIONS,
Prohoeed concerning the Bank IF England
l. That it appears, that there was paidl
by the public 70 the Bank of England, for
managing the National Debt, including theI
teries for thexkar ending 5th Of July 11 1i
the sum of 99.s03i. 128. sd. and that Their
was paid for the ike service, in the yea
ending 5th Of April, 1915. the sum of 28l
569(. Is, II Id. being an increase
1S1,764{ 49, 6 1 ID In addition TO which
the Bank # England have charged at the
late OF 1850 per million on the amount o
property duly received at the Bank on pro
fits arising from professions, trades, and
Offices.
9. That the total amount of Bank Note y
and Bank Post Bills, in circulation in th,N
year 1895 and 1896, the latter being thd
year previous to tine restric ioa On cash paw
ments' and IN the year 1914, was as fol-
lows:
l795-!H Feh-i2 73s, s2ot-and LIST Aug. 1l,2l4ooo.
lag6-ist Do.--lo, ,74ol-and 1st Do. osso,iIoL
l8l4-it Do.--25,l54 ,eScf-lnd Ist Do 2S,so24snL j
years past, more particularly since the YEAR
1906, considerable sums of public money,
forming together an average stationary ba
lance amounting to many millions, hayA
been deposited with, or otherwise placed in |
the custody of the Bank of England, acting
in this respect as the Bankers of the pub.$
lie.
4. That it appears, from Report order
ed to be printed, 10th of August, 1907.
from " The Committee on the public cx.
penditure Of the United Kingdom" that the
aggregate amount Of balances and deposits
OF public money in the hands of the Bank of
England, including Bank Notes deposited
IN the EXchequer, made up in four differ
ent periods OF the quarter ending 5th Ian
uary, 1907, fluctuated betwixt the sums
1-of h1A6I2ao including I3an, Notes depo, IN IL.
gs < l2'l's,z3oS chests oi'hs Ezehs quer.
~ 8lJS5s6} excluding BsnI. Notes deposited 4, tlss
!? : & 9plS'iDO ESehequcr.
5. That the aggregate amount Of such
deposits, together with the Excheouer Bills
and Bank Notes deposited in the chests Of
the four Tellers of the Exchequer, was, on
an average, in the year 1914.
he6637i, including Bank Notes deposited n, The rxsba
guer, amounting 10 6f2-z64 ar : - =
hi,324lo7 including BanL Notes depostedat ,ie Excho
6. That it appears that this aggregate
amount OF deposits, together with such por-
tions of the amount of Bank Notes ard Plank
Post Bills in circulation as may have been
invested by the Bank i'll securities bearing
interest. was productive during the same
period, of interest and profit to the Bank of
England.
T. That the only participation hitherto
enjoyed by the pubic, since the year 1906.
in the profits thus made on such DEPOSITS
by the Bank, has co1Sis ed OF loan of three
millions, advanced to the public by tie
Bank, by the &c Geo. III. cap. n, b.arinF
8 per cent interest which loan was dis
charged in December, 1914 and in a.
mother loan of three millions, advanced
to the public by the Bank by the 40 Go.
III. cap. 3, free of any charge of interest
which loan became payable in Dec. 1914.
but has, by an act Of the present session of
parliament, cap. 16, been continued to the
9Th Of April 1916
8. That this house will take into early
consideration the advantages derived by tie
Bank, as well from the management of the
national debt, rs from the amount of balan-
ces Of public money remaining in Their
hands, with the view to the adoption of such
an arrangement, when the engagements
now subs sting shall have expired, as NAV
be consistent with what is due to The inter-l
ests Of the pubic, and to the rights, crcdiA
and stability ofthe Bank Of England. -
18Th June, 1915.
COWE5