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Hydrophobia. Another fatal case has occurred at Philadelphia. A young woman, 19 years of age, was the victim-she had been bitten about 4 weeks before, and died in 38 hours after the appearance of the symptoms, though attended by three respectable physicians.

A child at Brooklyn, N. Y. was so severely lacerated by the bite of a dog, supposed to be mad, that her hand and wrist were amputated. The scull-cap was also administered to her.

Dogs. The cry of "mad dog" being up at Philadelphia, cart-loads of those animals are picked up in the city and killed. There certainly are much too many of them in all our cities.

ties:

Stone, are proceeding onwards. The Expedition was off Belle Fountaine on the 20th of May, having encountered several difficulties, from sand bars and snags or planters, in navigating the Missouri. The rest of the boats were below. The U. S. boat Western Engineer, was expected every day.

The Western Expedition.-The St. Louis Gazette, of the 26th of May, s ates that the steam boat Johnson passed that place on the 19th ult. with troops, &c. for the Yellow stone.

A gentlemen at fort Osage, on the Missouri, in a letter to us, under date of the 17th of May, on the subject of this interesting enterprize, observes, that "col. James Johnson is expected to be at St. Louis, CONNECTICUT. The population of the respective with his steam boats, by the 15th of this month. If he towns of Connecticut, as ascertained by census in succeeds in his enterprize, (of which I have no the years 1756, and 1774, has been recently publish- doubts) he will have done more for the benefit of od-but every general purpose will be accomplish- the western country, indeed I may say for the whole ed by giving the following recapitulation by coun-, union, than any other man (except Jackson) ever did. He will have opened a safe and easy commu1774 nication to China; which will give such a spur to Whites blacks. Whites blacks commercial enterprize that ten years will not pass 1215 away before we shall have the rich productions of 925 that country transported from Canton to the Colum2036 bia, up that river to the mountains, over the moun1214 tains and down the Missouri and Mississippi, all the 654 way (mountains and all) by the potent power of 440 steam. These are not idle dreams, rely upon it: to me it seems much less difficult than it was universally considered, when I first came here, to navigate the Missouri with sail boats.

Hartford,
New Haven,
New London,

Fairfield,

Windham,

Litchfield,

Total,

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1756

55714 554 50679
17955 226 25896
22015 829 31542
28936

19849 711
19669 345 27494
11773 54 25845

126975 3019 191392 6164 The counties of Middlesex, and Tolland-have since been formed from other counties. Distribution of caloric for the month of April, 1819.

North W. of the capitol. Zanesville, lat. 39 59 long. 4 58 Marietta,

Mean for

the month. highest. lowest.

21

55 07

83

39 30

4 28

54 33,

89

28

Chillicothe,

39 18

5 54

57 26

82

30

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Hut making. Mr. Silas Mason, of Dedham, has invented a carding machine, expressly calculated for in its conic form, all in one operation. the manufacture of wool hats. It produces the hat

Cotton. The following extract from a late Liverpool letter, shews the highest prices of cotton in that market in May, 1818, and May, 1819.

It is worth notice that the coldest day, in each of Sea Island the eight positions, was the same day-the 1st of Upland bowed April-in a space of about eleven degrees of longi- New-Orleans tude and more than eight of latitude. Pernambuco

At Zanesville, the martin and common swallow Bahia first appeared on the 10th; the peach and apricot were in bloom on the 16th-the apple on the 27th. At Marietta, the presence of martins,, and the bloom, were 3 or 4 days carlier, and about the same at Cincinnati.

At Ouachita, every forest tree was green on the 15th of the month. No birds of passage seen there during the month, except a few of the large cranes, (grus Americana, of Brissot). Sugar cane in the gardens twelve inches high-the growth of only 16 days from the time of sprouting. On the 30th, the river, (Ouachita) was rising rapidly, and about as high on the same day in 1813, viz: 32 feet above low water mark.

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May, 1818. May, 1819.

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Alabama. The governor of Alabama territory, under the authority of the legislature, on the fourth week in May, offered 183 half acre lots for sale, in the town of Cahaba, being part of the lands given by the president of the United States to the territory of Alabama for the purpose of a permanent seat of government, to erect the public buildings, &c. 101 lots were bid off for an aggregate of upwards The geographic positions of the places above-of 96,000 dollars. The highest price given for a mentioned, (Savannah excepted,) are founded chief-lot was 6,025 dollars, another sold for 5,000—of the ly on the surveys of the public lands of the United States; a system of peculiar beauty and utility. On this system, remarks will be made hereafter. General land office, June 15, 1819. At the St. Stephen's sales, in April last, land sold Died, on the 27th of May, at Marietta, O.-Com. very high, many tracts on the river, commanding Abraham Whipple, a native of Rhode Island—a gal. upwards of forty dollars per acre; one tract sold at lant naval officer of the revolution. He is said to 96 dollars 50 cents per acre., Many tracts of high have been the first American who dared to fire a land brought 20 to 49 dollars an acre. At the May shot on the water in defiance of the Buitish flag, sales at Cahaba none of the land lay on the river, which he ventured to do on the 25th of June, 1775. though the upland sold high-many tracts at from Yellow Stone expedition. The steam boats Jeffer-¡ 25 to 35 dollars.-Knox. Reg.

J. M.

number sold, none went off for less than 500 dollars, with the exception of one, which being low and wet situated, went off a little under 300 dollars.

son, Johnson, Calhoun and Expedition, engaged in a The keel of a 74 gun-ship was laid at the navy voyage up the Missouri to the mouth of the Yellow Iyard, Portsmouth, N. II. a few days ago.

NEW SERIES. No. 20-VOL. IV.] BALTIMORE, JULY 10, 1819. [No. 20-Vol. XVI. WHOLE NO. 410

THE PAST-THE PRESENT-FOR THE FUTURE.

PRINTED AND PUBLISHED BY H. NILES, AT $5 PER ANNUM, PAYABLE IN ADVANCE,

To give at one view, the entire report to the British parliament about the bank of England, and to dispose of some things a considerable time in type, that we may regain the use of it-no attempt has been made to force much matter of our own into this sheet: but we hope that it will not be less interesting on this account.

other banks has passed, without notice that a dividend has been declared.

In general,we are pleased with this-it manifests a determination in the banks to pay their debts: but it sits uneasy upon the widow and orphan, whose living has been made to depend upon expected profits from such institutions.

Baltimore notes

}

generally
Specie paying banks of Delaware

Boston banks

North Carolina

At Baltimore.
par, or specie.
per ct. dis.

5

par

1 1-2 dis.
1 dis
par
12 to 15 dis.

At Petersburg par to 1 dis. par, or specie 71-2 to 10 dis

2 1-2 to 3 dis.

5 to 7 1.2 dis. 2 1-2 to 3, dis. 8 to 10 dis.

THE ANNIVERSARY.-The people of the United Course of exchange!-We have now before us States have just celebrated their great national fes-two "prices current" of bank notes at Baltimore tival. The aged soldier, in joyous mood, has "fought and Petersburg, Va. The following may serve as a his battles o'er again," and, delighted in the recol- specimen of the "happy estate" to which the people lection of the dangers he escaped, and the priva-are reduced, through the intervention of brokers, tion which he suffered, recounted the history of his begotten and nourished by the paper system: country's griefs and his country's glory-whilst Washington and Franklin, and a host of worthies Bank of Virginia, and descended to the tomb, with the yet surviving Farmers bank of Va. and venerable author of the "declaration," were in Farmers bank of Maryland (at Annapolis) the "flowing cup gratefully remembered." Full-Dist. of Columbia banks, blooded youth again listened to the wond'rous story of a nation's birth, and his heart beat with delicious emotions: he felt that it was his duty to preserve the blessings which the valor of his sire won of the oppressor of his country, and his heart was filled with solemn resolutions to imitate the example of those who stood firm in the day of trial and bared their bosoms to the storm. Forever revered be this anniversary! It is the season when patriotism triumphs over party, and all are seriously convinced that they have home, which is the "land of the free" -a resting place for liberty, redeemed by their ancestors: it is a time when all feel, that vigilance is the condition on which freedom is granted to uswhen we know that kings and rulers are only men like unto ourselves, when we acknowledge that all are created free and equal, and endowed with the natural and unalienable rights of life, liberty and the pursuit of happiness!

Quantum sufficit!-to shew a perfection in swind. ling the poor and needy,never equalled in any country under the canopy of heaven, and which must be redressed. It is impossible to bear with it. *If, in either case, payable at Petersburg.

Banks in New Hampshire. A committee is appointed by the legislature of New Hampshire, to consider the expediency of taxing the bank of that state.

The committee on banksreported that they found every bank solvent; but that the Coos Bank had made an issue far beyond what the public interest requires, having abroad in bills $334,000, while all the other eight banks have only 264,000.

A committee is appointed to examine the affairs of the New Hampshire bank, because they stated they had some bad and some doubtful debts. The state owns $25,000 stock in this bank.

Political independence is fairly established. The flag of the United States is known and respected in all parts of the world: but we have yet to contend for an emancipation from habits and manners which being subservient to the interests of foreigners, ren- Massachusettss banks. The committee to whom der us partially subject to their controul, and de-were referred the returns of the several banks in press that high spirit which ought to belong to us Massachusetts, report: That, after a minute examias a sovereign people.

Scraps about Banks, &c.

United States bank stock.-Nominal price, 898 a 90-very few sales.

nation of every return, they find them all solvent.'

Connecticut banks. It is stated that there has not been any bank failure in Connecticut, nor even a run upon any of the banks. They are all considered as solvent.

Office of the bank of the U. S. at Baltimore-Messrs. William Patterson, Wm. W. Taylor, Solomon Betts, New York banks. We are happy to believe, as we Wm. S. Moore, and Robert Gilmore, have been ap-expected was the case, that the "wholesale report" pointed directors of this branch to fill up certain about the failure of the country banks of New York, vacancies that have recently occurred in the board. I noticed in our last, is not true. We find it contradicted in regard to several; but are not yet sufficiently informed of the facts to give particulars.

Bank dividends.-The 1st instant was one of the semi-annual periods for declaring a dividend by the bank of the United States-but no dividend is announced.

The bank of Virginia and the Farmers' bank of Virginia, have agreed to make a dividend of 14 per ceut. for the last six months-being a sufficiency only to pay the bonus to the state. The individual stockholders get nothing.

The usual time for declaring dividends by several
VOL. XVI- -22.

Banks in New York-An Albany paper says, It may not be generally known to our readers, that all the incorporated banks in this state, are by law, requir ed to pay an interest of ten per cent. to the holders of their bills or notes, if they, at any time, refuse to pay their amount, on demand, in current money of the United States; and that a summary mode of proceeding against them is also authorised and provided for by law. That the public may be in

possession of these facts, we copy from the "law re- try banks is tortuously drawn from the pockets of the lative to banks," the following section on this sub-people. ject, and insert it in our paper for more general information.

Swindling. Yesterday a grocer called on a mer. chant, in Market street, and said, "sir, my note in "And be it further enacted, That in case any in- your favor for $500, is due to day. Here is the corporated bank shall refuse to pay any of its notes, bank notice. I am unable to take it up, but I will Hereafter to be issued, in lawful money of the Unit-pay you $200, and the interest, if you will renew ed States, on demand, the holder of such bills or the remainder for 60 days." The merchant connotes shall be entitled to recover the amount there-sented, took the $200, and gave the debtor a check of, in an action on the case, for money lent, with in-for $500, to take up his note. The check was takterest thereon at the rate often per cent. per annum, en to bánk, the money drawn, but the note was from the time of such refusal, with costs." not taken up. It was protested. -Phil. Press.

Law Intelligence.

KIDNAPPING.

FROM THE FEDERAL GAZETTE.

North Carolina. In pursuance of a notification from the mayor, the citizens of Petersburg met last week, to take into consideration the depression of North Carolina bank notes at which several reso lutions were passed, and a committee appointed to At the city court of Baltimore during its present receive of the citizens and forward to the banks, the June session, Nancy Gamble, an interesting looking notes received by them (in their ordinary transac-young woman of 19 years of age, was indicted and tions) for payment in money current at Petersburg; disavowing, however, any design to draw specie or subject the banks to injury or inconvenience.

Tennessee. The Farmers and Mechanics bank of Nashville has suspended specie payments. It is positively asserted that the bank of Tennessee and bank of Nashville, are resolved to continue specie payments as usual.

tried for kidnapping, stealing, and conveying away an infant female child of the name of Margaret Pool, aged 20 months, the daughter of James and Mary Pool.

On the trial, Mary Pool, the mother of the child, testified that on Thursday the 20th May last, about 8 o'clock in the morning, the little child, who had just begun to run about, was playing on the pavement in front of her door, and being engaged within the house about 15 minutes, she left the child, From the Albany Argus. We have no belief that and on her return it had disappeared that immethe evils which are so seriously felt from a deprecia-diate search was made for it without success; the tion of bank paper, will have a termination, until the number of our banks is reduced to one half. Were banking operations confined, we believe the country would be the gainer to an infinite degree, on the score of morals as well as wealth.

a

neighborhood was roused in quest of the child, but nothing could be certainly ascertained by her until the Sunday after, (23d) when the child was brought back most dreadfully whipped and mangled from its little neck to its feet.

The child was produced in court with the marks of the rod still upon it-a sweet, interesting, beautiful sprightly child, of 18 or 20 months of age.

Upon an average calculation, the expenses of country bank, for cashier, clerks, rent, or interest on capital of banking house, plates, paper, and ordinary incidental expenses, must be at least $5,000 Gen. Heath testified, that having heard of the per annum. The amount of capital actually paid in, loss of the child, he went with others in pursuit of may vary from 75,000 to 200,000 dollars. Take $138.it; that after many fruitless enquiries he at length 000 as the average. Seven percent. interest upon this sum would give less than $10,000 per annum; and after deducting the $5,000 for salaries, expenses, &c. there would be $5,000 left, or three and a half per cent, as a dividend to the stockholders.

As bank stock usually draws an interest of 7 to 9, and sometimes 12 per cent. those unacquainted with banking operations will ask, how is the deficiency made up? It accrues,

1. From deposits. The active capital of a bank, is virtually increased by deposits to the extent of their average amount.

2. By the excess of circulation above the bona fide capital. Bank charters generally give power to emit paper to three times the amount of the capital paid in. But this power must be used with caution; for a bank should always have at command the means of redeeming such portion of its circulating paper as may be presented at its counter.

heard it had been seen on the Annapolis road, and accordingly took that direction in search of it, along with Mr. Alexander Russel. That at Mr. Hensworth's they were told that the traverser dined there on Thursday with the child, which she represented as her own-called herself Mrs. Williams, the wife of Jacob Williams, and said she and her husband had quarrelled about leaving the child with her grandmother in Baltimore, or putting the child out to nurse, and pretended to nurse it herself before the family-that she left there soon after dinner and went on to Crag's Ferry, where she said the child was her sister's, and staid that night with the child. The next morning she took the stage towards Annapolis; was put down a short distance this side of Mrs. Gamble's (her aunt) and carefully avoiding the house of her aunt, had gone round through the woods to Mr. Pomfrey's near Magothy. Here she was found by gen. Heath, Mr. Russel, and others, 10 o'clock, SaThe deposits in populous and commercial towns turday night, in bed with Miss Pomfrey, who had are at all times considerable, and often immense. taken off the child's clothes to wash. The child In country villages, on the contrary, they are com- when found, was in the arms of the woman lying in paratively trifting, and sometimes merely nominal.bed with the traverser. Gen. Heath accosted Miss Hence, to render bank stock in the latter profita-P. [supposing her to be the other woman] roughly, ble to the proprietors, dependence must be placed who denied the crime and charged it upon her com upon an extended circulation, or upon operations panion in bed [the traverser] who confessed the not according with the spirit of their charters. These operations are various, and are too well known among the dealers with banks to require to be recapitulated. The inference we would make from these facts is, that one half of the profits of coun

whole truth without any threats or flattery, fear of punishment or hope of reward. he traverser stated to the pursuers that she had taken the child from the street in front of a house in Charles-street, which she described agreeably to the situation of

Mrs. Pool's-that she took it up Pratt street to a On the part of the state it was answered-That Mrs. Hamilton's near the Kegg Tavern, where she | kidnapping was not strictly a technical term, and not left it a short time in the care of a little girl until an essential word to any indictment at common law she would fetch a bundle of clothes from near the that its proper import in common parlance was, seminary; that on her return she took the child and according to its etymology, child-stealing [referring brought it on the Annapolis road in the manner to Johnson's dictionary:] That Mr. Justice Blackabovementioned. Ou being closely questioned as stone was not supported in his definition by the cato her motive, she said that her real object was to ses he had cited, nor by any other case or prece. obtain the reward which would probably be offered dent, or elementary writer--that East had given a for bringing the child back. General Heath said, broader and more correct definition and description that on examining the child, they found it most of this offence so as to embrace this case, and at all cruelly and inhumanly whipped, lacerated and events rejecting the word kidnap as tautologous. bruised, so that in many places the blood had gushed there was sufficient matter still left in the indictment through the skin. That on enquiry how this had to constitute one of the highest misdemeanors at come, the traverser confessed she had whipped common law. This direction having been given, the poor little innocent because it would not walk the evidence was then submitted to the jury, (the to keep pace with her-that its little arms and body counsel for the traverser, admitted that if they should were so mangled, as literally to draw tears from se-believe her sane, there could be no doubt of her veral men then present, especially a Mr. Stone, who guilt) and the jury accordingly, without leaving shed tears freely and clasped it in his arms.—That there box, found her guilty. the traverser's character in that neighborhood was very bad indeed. She had been abandoned by her aunt as worthless, and her reputation generally very depraved.

Counsel for the state, Eichelberger and Mitchell. Counsel for the Traverser, Hall and Kennedy. There were also other indictments against the traverser, one for the inhuman battery of the child, Mr. Alexander Russel confirmed general Heath's and the other for stealing its clothes; on the first of testimony throughout. Mr. Hensworth, Mr. Crag, which she was found guilty, and from the other and Mr. Cook deposed, respectivel,as to the traver-acquitted. It did not appear that she had stolen ser's possession of the child at their several houses; the child for the sake of its clothes, or that she had and to Mr. Cook she confessed she had whipped it deprived it of its clothes without intending to reseverely because it would not walk, as she was too heavily laden with clothes to carry it--and once she had whipped it because it would not keep in the right road. Dr. Handy also spoke of the wounds on the infant's body, and said they were evidently inflicted at different times.

turn them.

Maria Thomas, who had been aiding Nancy Gamble, was also found guilty on an indictment for kidnapping.

NEW YORK SUPREME COURT.

Yesterday, the court passed sentence on each of the women, that she should, on the first Wednesday [the 7th] of July and the succeeding WednesThe defence, insanity-Two witnesses, Mr. Far day [the 14th] stand one hour each day in the pillorell and Mr. Thomas, both testified that they considered the traverser but little above an idiot-with, to be erected in the jail yard-be imprisoned Mr. Thomas she had lived six weeks as nurse to his good behavior, in 500 dollars. twelve months, and until security be given for her child, and had been turned away by Mrs. Thomas on that account- that she would often lie without any motive and disobey Mrs. T''s orders; although Mr. T. had no doubt that she perfectly understood her own property as distinct from that of others. Mr. Farrell had only seen her at his house part of a day prior to her going into the service of Mr. Thomas, and occasionally while she lived with Mr. T. but concurred in the same opinion. There was also some evidence of a general reputation in the neighborhood where she had been bred up, to that

effect.

William Warner, plaintiff-Mathias Bruen, defen

dant.

VanNess, for damages against the defendant for hav This cause was tried before the honorable judge ing issued out an attachment against the property of the plaintiff during the time he was absent on busi published in the public newspapers under the "act ness in Charleston, S. C. and having notice thereof, for relief against absconding and absent debtors.” The leading circumstances in this case appeared to be as follow:

On the contrary-Gen. Heath and Mr. Russel testified that she was remarkably smart and subtle, sagacious and intelligent, and mentioned several of the defendant, and had given his note, with an apThe plaintiff had purchased goods the property proofs of it that occurred on the road back to Balti-proved endorser, for the same; te then publicly left more. Their testimony was supported by Mr. Agui-he city for Charleston, S. C. leaving his dwelling ton, the Swedish consul [who rode in the stage with house furnished and his clerk in the counting-house the traverser from Crag's Ferry to where she left to attend to such busines as should be required; he the stage] and by Mr. Cook, who had always lived also appointed a respectable mercantile house as his in her neighborhood; had never heard such a sug-agent, to whom he remitted funds to pay all his gestion before, but knew her character and dispo- engagements during his absence, except the note to sition were always so bad, that school masters had the defendant, relying that the endorser would hoturned her away lest she should spoil the other chil-nor it, as the goods for which it had been given, were dren at school-and her aunt had driven her out of purchased on their joint account, placed in the her house. Their testimony on this point was also hands of the son of the endorser in Charleston, S. C. corroborated by other witnesses.

The counsel for the traverser prayed the court to instruct the jury that the offence proved was not kidnapping at common law, upon which alone the indictment was founded; that kidnapping was the forcible abduction of free persons from their own into a foreign country, according to 4 Bla. Com, 219 So decided by the court.]

for the purpose of remitting the proceeds to his fa ther to pay the note, instead of which a new note was given by the endorser at 60 days, leaving the old note in possession of the defendant, who, before the same was due, sued the plaintiff at Charleston, S. C. on the old note, and issued out the attachment in this city against his property, aud advertised hip as an absent debtor.

An act, which passed in the year 1814, continued the restriction until the 25th March of the following year, when, by an act which recited in the preamble, "that it was highly desirable, that the bank of England should as soon as possible return to the payment of its notes in cash," the further suspension of cash payments was directed until the 5th of July, 1816.

On the return of the plaintiff to New York, the, until six months after the ratification of a definitive defendant did not think proper to relinquish the at- treaty of peace. tachment, and, on application, the supreme court ordered a supercedeas to be issued. The plaintiff soon found that bis credit had been destroyed; and several respectable merchants, who had frequently credited him to large amounts, and endorsed for him, declared, that after the publication in question they had no confidence in his mercantile standing; all of which was fully proven. The case occupied the In 1816 it was again continued till the 5th July, attention of the court for two days: and the jury, after receiving a most able and impartial charge from 1818, the preamble of the act reciting, "that it is the judge, returned a verdict in favour of the plain-highly desirable that the bank of England should, tiff of five thousand dollars damages. as soon as possible, return to the payment of its plain-notes in cash, but it is expedient that the provisions of the acts imposing the restriction shall be further continued, in order to afford time to the directors of the bank to make such preparations as to their discretion and experience may appear most expedient for enabling them to resume payments in cash without public inconvenience, and at the earliest period, and that a time should be fixed at which the said restriction should cease."

John Well, and J. O. Hoffman, esqrs.for the tiff.

D. B. Ogden, esq. for the defendant. New York, June 26.-About three years ago, a dea ler in hats in this city put up a quantity of undressed fur hats in a square bale, and shipped them by one of the line of packets and stages to Baltimore. The packet reached Philad. in safety, but between that place and Baltimore, the contents were purloined by some person unknown, and when it reached Baltimore it was found to contain nothing but old linen wrappers, paper and stones. The owner of the hats brought suit against the proprietor of the line for the recovery of the property, which was yesterday decided before the supreme court now in sitting in this city. After a hearing of witnesses and counsel, the jury brought in a verdict for the plantiff-da-further continued, and that another period should mages $480.

Bank of England.

HOUSE OF COMMONS.

The act which passed in the last session, after reciting that it is highly desirable that the bank of England should, as soon as possible, return to the payment of its notes in cash, and that "unforeseen circumstances which have occurred since the passing of the last act, continuing the restriction, have rendered it expedient that the restriction should be

be fixed for the termination thereof," directed that the suspension should remain in force another year. The restriction therefore at persent stands limited to the 5th July next; and, in fulfilment of the duty imposed upon them by the house, your com

the result of their enquiries into the state of the bank of England, and their opinion with respect to the expediency of the resummption of payments in specie, at the period at which by law they are to be resumed.

Second report from the secret committee, on the expe-mittee will proceed, in the first instance, to report diency of the bank resuming cash payments. The committee of secresy appointed to consider of the state of the bank of England, with reference to the expediency of the resumption of cash payments at the period fixed by law, and into such other matters as are connected therewith: I. Your committee called for an account of the and to report to the house such information rela- total amount of outstanding demands on the bank of tive thereto, as may be disclosed without injury England, and of the funds in the possession of the to the public interests, with their observations bank for the discharge of those demands; and have thereupon; have further considered the matters ascertained, that the sum which the bank were liato them referred, and have agreed upon the fol-ble to be called on to pay, in fulfilment of their enlowing report:gagements, amounted, on the 30th January last, to Your committee will preface the observations 1.33,894,580, and that the bank were then in posthat they have to make upon the matters immedi- session of government securities and other credits ately referred to them by the house, by a brief re-to the amount of 1.39,056,900, leaving a surplus in capitulation of the laws which imposed and have continued the restriction upon payments in cash by the bank of England.

It is not necessary to advert to the circumstances under which that restriction was originally imposed, by order in council in the year 1797, as they became the subject of parliamentary enquiry previously to the passing of the act, by which the restriction was confirmed and continued. Its duration was limited by the first act, which received the royal assent on the 3d May, 1797, to the 24th June following. From hat period it was continued until one month after the commencement of the succeeding session; and again, by the first act of that session, until one month after the conclusion of the war, by a difinitive treaty of peace.

In 1802, the provisions of the acts above referred to were continued in operation until the 1st March of the following year; they were further continued until six weeks after the commencement of the then next session of parliament, before which period war having again broken out, they were continued

favor of the bank of England of 1.5,202,320; exclusive of the permanent debt due from government to the bank of 7.14,686,800, repayable on the expiration of the charter.

This document furnishes a clear and decisive proof of the flourishing condition of the affairs of the bank of England, and justifies that ample confidence which the public have reposed in the stability of their resources.

The next point upon which the committee requir ed information, respects the amount of cash and bullion in the coffers of the bank, at the present and at various other periods since the year 1797.

After several fluctuations in the amount of their treasure, which was very much reduced at the close of the war, there appears to have been a gradual increase from the month of July, 1815, to the month of Oct. in the year 1817. During the interval between July, 1816, and July, 1817, the market price of gold did not exceed 31. 19s per oz. The exchanges with the continent, for a very considerable portion of that period, were in favor of this country; and

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