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following is a Return of the Effective Strength of Officers, Non-commissioned Officers, and Privates, serving in the British Army, on the 25th of January 1819, with the number of Horses :
N. B.-Of the above numbers there are about 14,000 pon-commissioned officers and privates supernumerary to the peace establishment of the army; viz. about 2000 belonging to regiments at home, now in the course of discharge, and waiting to pass the board at Chelsea hospital ; and about 12,000 at present on foreign stations, who are under orders to be discharged:
There are likewise included in this return about 1300 supernumerary horses of cavalry regiments in Great Britain, of which 813 have been sold, or ordered to be sold, since the date to which the return is made up; and the remainder will be disposed of without delay.
The following is a Correct Return of the Effective Strength of the Royal Artillery, serving at home and abroad, on the 25th of January 1819, distinguishe ing the Fool from the Horse Artillery :
Marching battalions at home.
Marching battalions abroad.
Horse Brigade, at home.
Invalid battalion, at home.
Invalid battalion, abroad.
Royal artillery drivers, at home.
Royal artillery drivers, abroad.
Grand Total, 576
An Account of the number of Prisoners tried, and the Offences they were con
victed of, at the Old Bailey Sessions, in the Year 1818. Murder......................
37 Embezzlement ....... 2 Burglary ....... 25 Fraud
6 House-breaking................. 7 Grand larceny ................... 1093 Highway robbery. ........ 25 Misdemeanours
6. Stealing in a dwelling-house 68 Uttering counterfeit coin 13 Stealing privately in a shop 16 Stealing on the river Thames 2
1430 Horse stealing......
11 Sheep stealing...
9 Cattle stealing
1 Between the
of ten and Cutting down trees
.............. ............ 83 Returning from transportation 1 Between the age of fourForgery.
teen and eighteen 195 Uttering forged bank notes 25) Between the age of eighHaving possession of ditto
teen and twenty-one...... 391 without lawful excuse .....
OF THESE THERE WERE
By the Lords' Committees, appointed a Secret Committee, to inquire into the
state of the Bank of England, with reference to the expediency of the resumption of cash-payments at the period now fixed by law, and into such other matters as are connected therewith ; and to report such information relative thereto as may be disclosed without injury to the public interest, with their observations.
The Committee think it right to session of Parliament. By another premise, that in this investigation act, passed on the 30th of November they have taken as their guide the in the same year, the restriction was decided opinion of Parliament, as further continued until one month declared by many repeated enact. after the conclusion of the war by ments, that the removal of the re- a definitive treaty of peace. On the striction upon cash-payments by the 3d of January 1799, the Directors Bank, or, in other words, the restora- of the Bank, in pursuance of a tion of the currency of the country power reserved to them by the acts to a state of regulation by its an- of Parliament referred to, gave notice cient metallic standard, is an object that on the 14th instant they would which ought to be accomplished at pay in cash all fractional sums under as early a period as shall be found 1.5; and on the 1st of February safe and practicable.
1800 would pay cash for all notes The first act, confirming and con- of L. 1 and L. Ž dated prior to the tinuing the restriction contained in 1st of July 1798, or exchange them the minute of Council of the 26th for new notes of the same value, at of February 1797, was passed on the option of the holders. By an. the 3d of May 1797, and was to be other act, passed on the 30th of in force till the 24th of June 1797. April 1802, the restriction was conThe restriction was further con- tinued until the 1st of March 1803. tinued by an act passed on the 22d On the 28th of February 1803, it of June 1797, until one month after was further continued until the ex. the commencement of the then next piration of six weeks after the commencement of the then next session possible to the payment of its notes of Parliament. On the 13th of De- in cash, and that unforeseen circumcember 1803, the country being then stances, which had occurred since again at war, it was further conti. the passing of the last of the prenued until six months after the rati- ceding acts, had rendered it expefication of a definitive treaty of dient that the restriction should be peace. In the year 1812 an act was further continued, and that another passed for preventing any note or period should be fixed for the terbill of the Banks of England or Ire. mination thereof; the restriction is land from being received for a small- further continued until the 5th of er sum than the sum therein speci- July 1819. Of these unforeseen cir. fied, and for staying proceedings up- cumstances, the most important was on distress by tender of such notes; the apprehension of the effect of and in 1814 this act was further con- further foreign loans (particularly tinued during the continuance of those of France) upon the exchanges any act imposing restriction upon and the price of gold. the Bank with respect to payments Subsequent to the first restriction in cash.
upon the Bank of England, similar By an act passed on the 18th of restrictions were imposed and conJuly 1814, the restriction upon the tinued by different acts upon the Bank was continued until the 25th Bank of Ireland, and their terminaof March 1815; and it was further tion was fixed at three months after continued by an act passed on the the expiration of the restriction up23d of March 1815, to the 5th day on the Bank of England. of July 1816. On the 21st of March During these successive prolonga1816, an act was passed, by which, tions, the Bank appears at different after reciting in the preamble, “ that periods to have made great exertions it was highly desirable that the to procure such a mass of treasure Bank should, as soon as possible, re- as might enable it to replace itself turn to the payment of its notes in upon its ancient footing, whenever it cash; and that it was expedient should seem good to Parliament to that the provisions of the former acts remove the restrictions. In 1798, should be further continued, in or- the treasure was increased to an ader to afford time to the Directors mount which bore, in the early part of the Bank to make such prepara- of 1799, a very large proportion to tions as to their discretion and ex- that of the outstanding
notes. Durperience might appear most expe- ing the years immediately subsedient for enabling them to resume quent, this treasure experienced a payments in cash, without public in- considerable reduction; but from convenience, and at the earliest pe- the middle of 1804 to the middle of riod; and that a time should be fix. 1808, the favourable state of the ed at which the said restriction exchanges enabled the Bank to should cease;" it was enacted, that make large purchases in gold. In the said restriction should be con- order to encourage the importation tinued until the 5th of July 1818. of gold, the Directors determined to On the 28th of May 1818, another give L.4 per oz., and the treasure act was passed, by which, after re- was so much augmented as to have citing in the preamble," that it was exceeded in 1808 the highest ahighly desirable that the Bank of mount which it had reached in 1799. England should return as soon as From that period it successively declined. The restriction was prolong. manded, or if when demanded it reed in 1814 only to the 25th of March mained in the country, the complete 1815; and in 1815 only to the 5th resumption of cash payments would of July 1816; but the extraordinary take place gradually, and as it were high price of gold, and the extreme insensibly, even prior to the period depression of the exchanges, which, then fixed by Parliament, viz. the from whatever causes, prevailed du- 5th of July 1818. ring great part of these periods, In the month of April 1817, the combined with the large advances to effect of the great foreign loans Government which the exigencies of made in that year began to be conthe public service required, to pre- siderably felt. Between April and vent any material progress being October 1817, the exchanges took 'made towards a restoration of the an unfavourable tura, and the price treasure of the Bank to its former of gold, which had, from July 1816 amount.
to March 1817, Guctuated between Notwithstanding these discourage- L. 8:18:6 and L. 3:19:6, rose, ing circumstances, the Bank more between April and December 1817, than doubled its treasure during the from L. 3:18:6 to L. 4:0:6; since last eight months of 1815; and the which date it does not appear by fall in the price of gold, and the fa- the quoted prices to have been ever vourable turn of the exchanges, en. again reduced below L. 4. The new abled the Directors to raise it, by gold coinage also began to be issued January 1817, to more than quad- in July 1817. The treasure of the ruple what it had been in the begin. Bank was raised to its highest a. ing of 1815. At this period the Di. mount in the month of October rectors felt so confident of being 1817. There appears to have been able to comply with the injunctions no considerable demand for gold of Parliament, even before the pe- previously to the month of October. riod at which the restriction was to The first issue of sovereigns in large expire, that they issued a notice for quantities was in that month. There the payment in cash of all the L. I was a diminution in the demand and L: 2 notes bearing date prior to for them in the three succeeding January 1816. Finding little or no months; but in the month of Feb. demand for cash in consequence of 1818, the issue of gold increased this notice, and their treasure hav- till August in the same year; and ing continued during the course of the demand during this period is the year to increase to an amount stated to have arisen decidedly for far exceeding what it had ever the purpose of exportation. It apreached, and, with few exceptions, pears from the evidence of Mr Harbearing a larger proportion to the man, that during the whole of the extent of their issues than it had year 1817, the Bank did not think ever borne before, the Directors is. it necessary to make any reduction sued a second notice in September of its issues, either in consequence 1817, for the payment in cash of all of the effect of the foreign loans upnotes bearing date before the 1st of on the exchanges, or of its payments January in that year. This measure in gold, made in conformity to the has been stated to the Committee notices above referred to. In fact, to have been undertaken in the hope, the average issue of Bank-notes that if it proved successful, that is, in 1817 exceeded by L. 1,700,000 if the gold so tendered were not de- that of 1816; the average issue of