Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-07-24

Tooth ofwhat ewed Them said the noble lord the
that We leave all the big fishes water enough in which
er ry That ADVICE nnSrianaely had sctedon The
had keep the church. the arsocracy
rance Of the science OF government Cheers from the OPPOSE
TOM They eg egiously mistaken in the policy which
they had adopted when they made the
they undermined not only the foundations OF the church and OF
the asocracy but also the foundations of the hrose ITSELF
cheers from the oppostion) Imgh be said this
he language OF alarm ironlca cries OF no no lie cared
He defed all alarm uoud cries Of hear) lie said that the
meschants o. Lohdon efMancheer. ofLyepoo Glasgow,
and Of Birmingham all, with
brush iear hear, and augh) The house and the govern
SQUAD principles in which should be conducted
had been observed in 1885, sir addressing the speaker
would sitting in this house the test aud corporation
ae Se been the % bs se
became excited and exaperated at the course pursued
the Romaa catholic and each grated his specific the
general Of dconten was said that had pro-
had property He knew that many merchants who
twelve months age Were than were
and unseen laws, which moeke, worked underground aud
than the mole. In the last twenty years the
mereia mercantile and manufacturing interests had had five
noble lord and his friends would administer any remedy
aaa sa s ss w we're ss
heard the hon. member went TO ca the Alteration of the
time sace against
some Of the leading American merchants These had been in
So n we the gold was n found d e BE- Of the Coz
hon gentleman the chancellor of the excbequer their heads
together and the result that the bank notice that
notes. would discount bill with any
merehan, to it. One consequence :. this was an i'm
himself Of one merchant who was the habit Of dealing with
did not expend E2Ooo ayear with ,6em The Dc al
gs had been greatly reduced and that some had
Peers bill had destroyed the old merchants,
81 p who hs seS ssS" IL the po
from the manufacturers for which they allowed them
mediatey discounted, and twenty
ney To produce food and clothing for the work
cotton and tobacco, which brought
those M the @ drew on the er
OF Them and ~ that way they got on What was there OF over
The pro luce of this country exchanged that
had not been for the measures resrc i've Of the currency
their eject would have been able to pay the Esoo0oo Of
trusting people with the were to-
tally unacqnanted with Who would of
those Of England Oxford scholar AID what the
public print, now t doing The Times or the Cesise was
e, oootoo. The idiots What wanted E2,ooo,ooo
spades and golden pay their debts with golden
country divided subdiyded industry
money not at present what used to be 500 Ii
absolutely vital the body polite. It vital
300 ags and money might hp have been entirely ami
over BY large and sudden issue OF e. notes The
inclined regard as crea-
han wtehs phantom When in 1885, The bank Of England
attacked the banks and compelled them contract
their issues the misery ensued large classes
community and especially the working classes whs up
prev to sill greater extent 1857 and was ~ fs
to the same cause; and for his part he conceived that
saving altered, before this The existing law Nasi,.
standing the Ei6ooooso 70 which the circulation the
Bank OF England misunderstanding addit posts
asum Of t21oooco he tMr Atwood would with
Than in sovereigns at Tsreadneede Street
Their bulsn said to amount TO Ef4ooo0 OF this
he spoke upon good authority that in Threadneee s,r@st
there not AZ this moment than f2ocoooo,
die send his bond London for payment the
r. mako s % sS
the Bank OF England break
banks %s ten e ss.
how could the Bank England possibly enabled meet III
exceeding fsooocoo sterling the Bank Of England
The country banks could make deSanis ON the B"Ds Of nn
land 10 the amount of l00eoo0 2n000oo0
families thrown out of bread and amid the various
sources q danger by which they funded, right
site Of things without making the slightest towards
clear hea Tie business hdw IL biz. Of
not nfono bali the nitudc that Po
lie credit had fact ony INJURED but il bad received
serious shock The trading and nbornr classes
Mere, Of the first sufferers but fundboer
all experience Of p years. commencing 1870 10 prove
that whenever tbs government slow
q yalne The industry Of the country rapidly the gamer
and that tc contrary when they enforced the standard OF
value the rangnlaon Of the industry country was lie
consequence. Let not ministers lay the hatterng JUNCTION
~ Their souls that the people would bear continued
dcpe9n Of the industrious They looked upon
the wings this respect better than the
held pistol TO the peoples head boldly cried
and deiiyCr While the wings held The
lowsI one side. and presented dagger Tie other
!ear, and laug Had the industrious properly
represented ~ that house these would
passed. The ida y which the majority nj honorable
Der. seemed o have been all .0ng sciuated that.
to- wha number IT the people might the ~
value should m be- preserved rsoaie They first made food
and then they mate money scarce-money, without
which food could not be procured This their bancsu
hey. lie trustee that BY adopting his resolution they would
esince their determination 10 confer upon the count
thrr poor law, their law, and their money law
Hills. VI they not relieved by law the people
would relieve Themselves Millions of the people were
N state Of restitution, bordering upon and IL
relief we're further withheld, civil like which
prevailed spsin with all it, ncacuahle csamiies
the exchener chose exercise the
Bank OF England every broken merchant in England
rich IN month. Oh ohfl lie repeated convict
that such would be the lesu the chancellor ofte eyrcqner
sioph Bank of England with regard 10 m issues
morrow. He would those who hal already
sharing the fate prevent millions from being thrown
Unemployment. and miserable Into happy people
TIE hon gentleman concluded by rsoync an ndrnen
that opinion that house the present
cccnl 10 meet The wants anil protect the interests Of
the community.
Lord Russell said that he Thought he should NOT doing
hs duty he hent0 into this discussion (fIear
The GENT had down that house and
speech nearly bours DURATION without having given
any notice whatever Of his Intention 20 bring the subject before