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

ged To do so al some loss, yet he con-
ceived that after their stupid conduct Che
could give II no better nancy Of issuing
gold with one hand and paper with the
other they frserved TO be indicted fsr
Ia ir-foily. lie tell quite persuaded that,
n the Bau!. would pay the price, they
couli easily gel gold, and "a HEY had
been Tor the last 81 years gaining, II MAS
extraordinary thai ans loss, however small
TO them, should be consi Ter. "a as suih
Gent REASON to prevent the resumption of
Cash Payments. Ii had been stated, that
I7O0, 900 was the drain last year, and that
half that sum would perhaps be losi if
The proposed IN assure was not immeth-
a'ely adopted sui he would ask, wheth-
CT that sum ought 10 he considered as e.
Quivalent To the loss 81 character which
the House woull sustain by passing the
Bill +! The Noble Lord had stated the
difference between the circumstances OF
1877 aud those AT present. lie CHR. Il. }
granted that difference To exist, but,
would argue from il that the House need
D"i hurry on the passing OF the proposed
Ei'l lie did not suppose that this Bill, If
passed, wnnld operate merely for the re-
mainder oil the Session, but the principle
OF n wOuii be adopted in whatever reyu-
laiions might be Introduced respecting
the return 10 Cash Payments. After de,
precaiing The precedent that The Bank
should not be- liable To any Inconvenience
winch their own foily had brough, upou
them, The Hon. NJ mher con, lutled by a.
poiogizlng for troubling the House on
this subject, especially "a he had alread,
III The morning dcliv rcd his opinions con.
corning II TO The gentlemen who coi,pus-
ed the coHmiiiee. He f,t il howe.e so
much his dniy 10 deliver his opinions on
tins subject, that he could no, avoid dis
charging 1, ON The pTeseAt occasion, al.
though he was obliged III SD doing To re-
peat some oft.e arguments " hich he had
already used, bu, il vain.
Mr. MANNING said the Right Hon.
tieniienan had talked Of the slrp,d con-
dhc1 OF la" Bank IN passing their rrsolu-
ton Of 1917. Bui he had no hesitation in
sayl"s thai the conduct ,hns ceusnrcd
vas believed to be in exact conformity
WIN The wishes of the two houses of Par.
Hament. Those we're cerlainly The trr.sl
prophets who prop.e>ied after the event.
But was impossible for The bank TO have
trrcScen the loans for France and the de
fcient harvest. lfany member would cal
c"Id'e the va.u, Of Tie foreign corn, i'm.
ported IN consequence al that deficiency.
he won'u hnd that il WAS Ia tie amount
o. about tea millions sterling. When the
R'ght hon Grni!einau MIR. Iicrnpy) said
That The new lighI only broke in upon the
Bank at ~ O'Clock 10 day, he (Nlr. nj y
must say that the light did aet break i'm
npon III IN till near three O'Clock TO- dav, as
lie had been engaged OH an election com
nliilee III! That hour, and not able 10 al
tend The bank committee. He musi also
say lha' he believed the greater number
OF The gentlemen OF the bank had moi vet
been mad" aware OF The bill now Intended.
Mr.. GREN FELL said he was aslonished
to hear the Hon. Gentleman (Mr. Man
h'ng) say that The resolution Of the bank
10 pay partially in specie, in 1917, was
adopted IN conformity with The wishes of
the two houses Of Parliament. He wished
10 know 10" The wishes of parliament had
been Illus expressed, for he thought il
was an Imputa!iOn against the house
winch ought 10 be reprlled, when il was
sad liza, they COuli nave wished The bank
10 adopt so i!!-adySed Il measure.
hlr. NAN NJ NC explained. Tile wishes
o' Parliament had certainly been distinct.
ly expressed in favor of "A speedy rc,uru
TO cash pay mrnls, and, OF course, a mpa
sure which was partial return TO that
sale must be considered as 50 far con-
forming 10 hat wish.
SIR. NEWPORT said, he never i'm his
lie entertained a more clear opinion of
lie necessity at any measure than of This
il was because he was earnest and anxious
IN His wish for The resumption OF cash
payments that be pressed for the abortion
OF This bill, aud becausr he did not trust
TO the sincerity of the Bank in wishiu,
Tor this resumption. The operation OF
tins Bill would be TO compel The Baull 10
rrcnr 10 cash payments. II bad been said
thai an Order in Council should have
been adopted. But he commended, that j,
would have been monslrouS assumption
o. ppuer for Ministers 10 have stepped in
with All Order in Council al The very time
when The House had delegated 10 a cnp
mliiee The whole power OF inquiring into
TVS subject. lie thought the RiuhI Hon.
CeH man (Mr. PceD hal even zone 100
Tar IA disclosing The reason wIly The House
sto9iI adopt HE measure. II was enough
10 have slated seriously Thai the commit
I thought II necessary. II an order of
co nciI had been issued the course wnul +
nave beeu 10 refer II tu that very commit
t'c "hIcb vas nov sitting. Ia ste whether
If~ere necessary, which would be alb >urI
when the committee, if they thought il
u '"esSarv, should have applied at ono, 10
the house.
Mr. BRoUGHAM "xplancd-Lls obi
ION 10 the present mode, instead oi an
Order III Council. was lis sudden aud vi
oieni sus 'ension oIthe stan ling orders of
The house.
Mr.. CANNING -aid, it was undoubrrdk
OF The nature Of SUCH mrasHre a. that
now proposed, that II adopted, il must he
IN degree on The confidence reuosed IN
those bvwbOm IL was recon .urndcd. }n
those gentlemen who had objGcted on,
to lie mole in which it was proposed Ia
carry II through, must consider tnai Ihcir