Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1819-05-28

would operate 10 put off the period OF re.
Stunning cash payments, surely II MAS not
too much for them 10 ask the house To- d.
dopi this inieriDcu,Ory proceeding. Ii was
enough that no man, by agreeing 10 this
measure, was pledged To the opinion of
The cOmmittee.-(iiea,, hear
Mr.. BRoUGHAM explaned.-He wish
eel 10 know whether he was TO understand
from the Hon. Gentleman " no spoke last.
tina, the impeachment which suggested this
measure was so formidable as 10 make il
| absolutely necessary
Mr.. CANNING.-As To the word neccs,
sary, when they came ,o beat out the ar
gumenf, perhaps they might disagree
| upon II bat, III his own opinion, the
measure Was necessary, and II necessary,
! II must b" immediate.
The CHANCELLoR OF the EXCHE-
QUER SAID, he was SD strongly impressed
with The inconvenience of entering at
large into the discussion of the subject
on this occasion, that he hardly thought
| II necessary for him 10 ircspass Il, all upon
the time of The House. The expediency of
The measure must be rested on he ground
stated by his Right Hon. Friend (Mr
Peel) The committee stated, as one Of
Tie means for enabling the Bank TO re-
sumo Cash Payments. that it was neces
S"'N ~ preserve tHc specie HOW Ill lie
Bank. This was SO obvious, that the on
~ thing which seemed Ia require any
apology, was that the measure had no,
| been sooner proposed. But when the
Report of the Committee was presented,
the reason would be explained why the
measure had moi beeH proposed al "A more
early period. The Right Hon. Gentle.
maa (Alr. Iierney) lad expressed sur
! pris' that the measure had not been pro-
| posed last Session, when the Bank Re-
siricilOn Act WAS continued But the
House must rccolleci, that al the period
alluded to, The strongest expectations
were entertained tia, the restriction
wonld only BE- continued for very short
period, and also that the state of The eX-
changes Would improve. These hopes
hal not been realized. Upon the whole,
therefore, he was convinced that, under
the circumstances in which this measure
was brought forw ard. the House would
feel the necessity of agreeing To il.
Mr.. X. PEEL, eXplaimed.-Tlte House
had not been appealed TO without ample
documents that The existing circumsIan.
ces demanded such a measure. The is
sue of gold, which had proved so Injurious
I" tins country, by Withdrawing so large
a sum from our circulation, was Il suiiici-
eni reason, without even any other proof;
ana allowing that there had been no par
| iICuiar drain since the Goth Of Jaunary.
| there was no cause why We should DELAY
the measure single moment after the
| kenort OF the Committee. Those who
had Chiefly formed the Committee had
| recommended thai the regulation should
be Brought up 10 the present period.
The Report OF the French Minister of
| finance, from whose information the
means oi increasing their cash circulation
nat been asceriained, was another strong
pro"i oil the eXpediency of HE intended
$40 HE advances made by the Bank
10 tie amount OF five millions in cash.
Tor The purpose of Withdrawing an equal
| sum IN notes, arose from the best of mo.
yves. dad 1t been i0reseen HAT metallic
treasure 10 That amount would have been
| drained from this country, to convert into
French francs, neither The Government
nor The Bauk would have been 30 deficient
oil Their duty as 10 have counienanced the
eNprdieni. BY The advantage tl,us I'M
LARRY and unexpectedly taken, our pub.
nc circulation of cash was of course de-
| fcien To that AMOUR THE Hon. Mem.
Der WAS then about to make his motion.
wi'ci
The SPEAKER referred TO the usual
rules OF the House on the introduction of
such a Bill.
Mr.: PEEL, thanking the Right Hon.
Gentleman, moved that the House do now
resolve Itself committee of the whole
house. AGREED 10.
Mr.. llUSKIssoN took he chair in the
committee ; whcu Sir X. Peel moved.
that leave be given 10 bring in "a Bill for
restraining the Bank Directors. from ma
king casl, payments under certain mott
:, &c. The house was resumed.
Mr.. iiUsKlSSON, as chairman Of The
committee, Brought mp lie report, and
followed II NJ by moving for leave 10
hrlng IN lhebIil. II was agfeedto; when
Mr.. Feel brought in ihe bill. which was
read first and second time. 1t VAS az
towards Committed to- committee of
He whole house. The report wssafIcr.
wards received by tie house, and the
amendments were read and agreed 10. II
MAS then ordered 20 he rngorssed
LNNDOE, April DIR. S'okoc came
To Eus land from 81. Helena in consequence
| OF difference Df npluinu bptween him
| AMI S:r Hudson Lowe. as 10 his duiy res
prciing the reports "f conversations had
with i;onapa.ic. This gcnil man. we M
q 'r>'and, Nas on Tuesday examined by
| minIsi"rs, aud ihe result has been. f!,ai he
l. Immediately 10 r"Sum- his functions Al
| 81. iIrlcmd. The inference from this is.
! that his conduct has been fully approved
| Of. We understand that IL had been re-
| CURED nt ham 10 report every word COM
! munlcatcd by Bomaparic, even Us conf
| drnc', ani That whether IL couii have any
! rr!aii"n 80 the political condition of The
prisoner or not AMI that he bad refused
I" acc"de 10 this rcquiSiiion OF sir Hud
sou Lowe.
april Marshal Blune, has been
a,<ds>inatrd III France. The krng has