House Of Commons.

plained by the Directors of the Bank ? We had the authority of the Bank , that to continue the advances to the Emperor would produce the consequences which have happened ; and , surely , we ought not to aggravate the evil , by continuing the causes of it . He next considered the expediency of sending supplies to the Emperor under the existing circumstances , and contended , that this country must be more injured by the continuance , than it could possibly be benefited by any exertion he might make jn the prosecution of the war . He concluded by moving , ' That the House do resolve itself into a Committee , to consider and

determine , whether , under the present circumstances of the country , it is prudent to grant any further loan or pecuniary assistance to the Emperor of Germany . ' Mr . Fox seconded the moiion . Mr . Pitt could not at ail agree as to the expediency of the measure proposed , as manifestly interfering with the subject and purport . of the Secret Committee ROW sitting . With regard to the quesiion as being connected with the stoppage of the Bank , was it not evident that it received the approbation , and was completely recognized by the Committee of that House ? Was it not evident also , that they ivere of opinion , that public confidence could not be restored except the causes which led to the effects were thoroughly investigated ? With respect to sending money to the Emperor , there seemed to be also a limited way of discussing that

question ; they sho-ild view it thus . 1 hey ought to consider , that the enemy at this time have a very numerous army in the field , ready to act as ' occasion may require , a ainst the Austrians ; that if U ey make peace with the Emperor , those troops may be directed against our own'coasts ; that it is connected , in a great degree , with honourable and equitable terms of peace . These ' , lie contended , were points , all of which ought to be minutely and circumspectly attended to b 'fo' -e the House decided in favour of the motion . He denied the remittance tothe Emperor having in any degree influenced the present scarcity of specie .

The scarcity of specie was occasioned for the most part by the drain from Ireland during the week before , and ih ;> immense demand from different parts of the ccuiiry . Even since the recent disasters in Italy , overtures had been made by the enemy for a separate peace , without ever mentioning this country . Our ally decidedly rejected all overtures of negotiation , except ill conjunction with England , and immediately communicated the circumstance to this country , repeatingassurances of attachment and fidelityi . By adopting the measures now proposed to the Housewe should be giving to the enemy the choice they had long made

, , a . nd madly assist them to play the game they so much wished for . On all these ground ; he must give his negative to the motion . Mr Fox observed , thar nothing urged by the Minister had impaired the force of Mr . Sheridan's arguments . ' Mr . Sheridan made an impressive and eloquent reply , after which the House divided on the question—Ayes , 87—Noes 266—Majority against Mr . Sheridan ' s motion , 179 . — Adjourned .

Wedi . esdiy 5 . —The House , in a Committee of Supply , voted the sum of 3 , 280 , 5131 . 13 s . 2 d . to his Majesty , for the payine-. it of the Army Extraordinaries of the year 1796 . The Bank Indemnity Bill was read a third time and passed . Thursday 6— Genera ' , Walpole gave notice , that on Wednesday next lie would make a mo-ion respecting the Maroons , who had been carried from the West Indies , the hottest climate under the Torrid Zone , to Canada , the coldest regionof the habitable world . Mr . Ellis prefaced bis promised motion on the subject of the Slave Tradeby

, observing , that the former resolutions ofthe House for Ihe abolition of this traffic were impolitic , unjust , and inefficient , and , instead of ameliorating the condition ofthe poor African , were the source of aggravated misery . He considered an humane , religious , and moral system for their government more likely to render them happy than the means proposed by the Abolitionists , who were for annihilating the property of thousands , and ultimately our Colonies , on which our national cons quence in a great degree rested . He therefore moved , ' That an humble Address be presented to his Majestyrequestingthat he would give

di-, , rections 10 the Governors of his West India Islands to recommend to tneir respective Councils to adopt such measures as will tend to the natural increase of the Negroes , aud employ such means as will contribute to their moral and religious improvement , so as gradually to diminish the necessity of the Slave Trade , and lead to ail ultimate Abolition , and secure to tlierathe protection of the Laws . '