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Article HOUSE OF COMMONS. ← Page 3 of 5 →
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House Of Commons.
having heaped such heavy taxes on the people , it was the duty of the House to procure some relief from the same by the abolition or retrenchment of the emolument of certain offices and sinecure places . Lord W . Russeil seconded the motion in a very forcible speech . Mr . Pitt replied to Mr Harrison , and said , that he was not averse to some retrenchment being made in the Emoluments of Public Offices , but that he did not wish it to be done in the manner now proposed ; it was his intention to submit that question to the Secret Committee that was to enquire into the Finances of the he
Country ; would therefore move the previous question . Mr . Sheridan , Mr . Tierney , and Mr . Pollen supported the motion ; Mr . Windham , Mr . Rose , Mr . Canning , and Dr . Lawrence opposed it ; after which the House divided on the previous question . Ayes , 169 . —Noes , 77 . —Majority 93 . Mr . Sheridan afterwards moved , that Mr . Fox be added to the Secret Committee , on which the House again divided . Ayes , 75 . —Noes , 148 . —Majority 73 . Adjourned . Tuesday , 14 . Mr . M'Dowall moved for leave to bring in a Bill to permit Banks and Bankers in Scotland to issue small Notes ; which , after a few words from Mr . Secretary Dundas , was ordered . —The Bill was then brought in and read a first time .
Wednesday , 15 . Mr . Tierney moved , that therebe laid before the House an account of the Amount of Exchequer Bills , bearing date the nth of March 1797 , and issued the 13 th of the same month , together with an account of the persons to whom they were issued , the rate of discount , and for what sums . Mr . Grey complained that some of the Accounts of the Army Extraordinaries had not been presented according to order . The House in a Committee went through the Scotch Army and Navy Bill . The Devizes and Kirkcudbri
ght Roads Bill , and the Hele and Barningham Incisure Bills , were read a third time , and passed . The Tweed Fishery , and Penge Inclosure Bills , were read a first time . Friday , 17 . A Petition was presented from the Company of Surgeons , desiring leave to form their Society into a College . Mr . Pitt said , that the Bill to confirm the late order of the Privy Council , and to indemnify the Bank for acting under ithad been ordered to be read a second
, time yesterday . That order having become ineffectual , from the want of a sufficient number to form a House , he supposed there would be no objection to the second reading of the Bill immediately ; after which he would move that it be committed on Monday . Mr . Fox did not rise to delay the second reading of the Bill , but to call the attention of the House to a few topics connected with it . The Bill , in the first place , granted an indemnitv to the Bank for comnlvinn- with Hie directions nf
Government , but he did not find in it any obligation on Government to take the notes of the Bank . He did not know how far the intercourse of individuals with each other would be affected by this bill . After the passing of it , the creditors of the public would undoubtedly receive only bank-notes in payment of their claims ; every man in England , therefore , whose property consisted in funded or other claims on the public , would be at the mercy of his creditors for that cash which he had no certain means of obtaining . Persons , who had signed the associations , would , to a certain degree , be in the same situation . These
circumstances were certainly alarming , but if they were tolerable , they were better than any act of violence relative to the circulation of paper . Bankers would be equally at the mercy of those who had lodged money with them . These incon-. veniences were great , and it might be true that no remedy could be found for " them , which would not produce greater evils . He only wished the House to ' know what topics they had to consider of . The Bill ought , at all events , to contain a clause for limiting , if not prohibiting , farther advances from the Bank-to Governmentand another for limiting the issue of Bank- during the
con-, paper tinuance of the Bill . The Chancellor of the Exchequer , not thinking this the proper time for such discussions , would only observe , that they might be fully entered into in the Committee . . ' Sir J . Sinclair greatly doubted the propriety of reading this Bill a second time .
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
House Of Commons.
having heaped such heavy taxes on the people , it was the duty of the House to procure some relief from the same by the abolition or retrenchment of the emolument of certain offices and sinecure places . Lord W . Russeil seconded the motion in a very forcible speech . Mr . Pitt replied to Mr Harrison , and said , that he was not averse to some retrenchment being made in the Emoluments of Public Offices , but that he did not wish it to be done in the manner now proposed ; it was his intention to submit that question to the Secret Committee that was to enquire into the Finances of the he
Country ; would therefore move the previous question . Mr . Sheridan , Mr . Tierney , and Mr . Pollen supported the motion ; Mr . Windham , Mr . Rose , Mr . Canning , and Dr . Lawrence opposed it ; after which the House divided on the previous question . Ayes , 169 . —Noes , 77 . —Majority 93 . Mr . Sheridan afterwards moved , that Mr . Fox be added to the Secret Committee , on which the House again divided . Ayes , 75 . —Noes , 148 . —Majority 73 . Adjourned . Tuesday , 14 . Mr . M'Dowall moved for leave to bring in a Bill to permit Banks and Bankers in Scotland to issue small Notes ; which , after a few words from Mr . Secretary Dundas , was ordered . —The Bill was then brought in and read a first time .
Wednesday , 15 . Mr . Tierney moved , that therebe laid before the House an account of the Amount of Exchequer Bills , bearing date the nth of March 1797 , and issued the 13 th of the same month , together with an account of the persons to whom they were issued , the rate of discount , and for what sums . Mr . Grey complained that some of the Accounts of the Army Extraordinaries had not been presented according to order . The House in a Committee went through the Scotch Army and Navy Bill . The Devizes and Kirkcudbri
ght Roads Bill , and the Hele and Barningham Incisure Bills , were read a third time , and passed . The Tweed Fishery , and Penge Inclosure Bills , were read a first time . Friday , 17 . A Petition was presented from the Company of Surgeons , desiring leave to form their Society into a College . Mr . Pitt said , that the Bill to confirm the late order of the Privy Council , and to indemnify the Bank for acting under ithad been ordered to be read a second
, time yesterday . That order having become ineffectual , from the want of a sufficient number to form a House , he supposed there would be no objection to the second reading of the Bill immediately ; after which he would move that it be committed on Monday . Mr . Fox did not rise to delay the second reading of the Bill , but to call the attention of the House to a few topics connected with it . The Bill , in the first place , granted an indemnitv to the Bank for comnlvinn- with Hie directions nf
Government , but he did not find in it any obligation on Government to take the notes of the Bank . He did not know how far the intercourse of individuals with each other would be affected by this bill . After the passing of it , the creditors of the public would undoubtedly receive only bank-notes in payment of their claims ; every man in England , therefore , whose property consisted in funded or other claims on the public , would be at the mercy of his creditors for that cash which he had no certain means of obtaining . Persons , who had signed the associations , would , to a certain degree , be in the same situation . These
circumstances were certainly alarming , but if they were tolerable , they were better than any act of violence relative to the circulation of paper . Bankers would be equally at the mercy of those who had lodged money with them . These incon-. veniences were great , and it might be true that no remedy could be found for " them , which would not produce greater evils . He only wished the House to ' know what topics they had to consider of . The Bill ought , at all events , to contain a clause for limiting , if not prohibiting , farther advances from the Bank-to Governmentand another for limiting the issue of Bank- during the
con-, paper tinuance of the Bill . The Chancellor of the Exchequer , not thinking this the proper time for such discussions , would only observe , that they might be fully entered into in the Committee . . ' Sir J . Sinclair greatly doubted the propriety of reading this Bill a second time .