es. 
HISTORY! OF EUROPE. 
took into their consideration mes- 
sages from his majesty, for a million 
and a half, on the terms above 
stated, to the kingdom of [reland, 
and three millions and six hundred 
thousand pounds for the emperor. 
These resolutions, though not with- 
out undergoing various strictures, 
were agreed to. 
There was another remittance 
moved for at this time, for a sove-. 
reign ptince of Germany, which 
was voted readily, and without 
the least opposition. This was the 
sum of $0,000/. for a portion to be 
_-@iven with the princess royal, on 
her. matriage with the hereditary 
prince of Wirtemberg. 
During the progress of the loan- 
bill, through the different stages, 
intelligence having been received 
by the minister, that preliminaries 
of peace were either signed, or rea- 
dy to be signed, between the French 
republic and the emperer, he stated 
so the house, in a committee of sup- 
ply, on the fifth of May, that he 
should move for repayment of the 
advances already made to the em- 
peror; but that it was not his in- 
tention, according to the grounds 
he had for deciding his intention, 
at that moment, to make any pro- 
vision for farther advances to his 
una majesty. 
: subscribers to the loan, which 
Mr. Pitt obtained near the beginning 
of the session, commonly calied the 
. 4 loyalty-loan, having discovered that 
_ they were liable to incur a consi- 
_ derable loss from the subsequent 
; de ession of the funds, notwith- 
their forrcer patriotism, 
prevailed on the minister to apply 
to parliament to make them a re- 
_ ¢ompence. On the thirtieth of 
ay, he moved the house of com- 
hie to allow them 54 in every 
rias 
1002; which would amount, in the 
whole, to an annuity of sixty or 
seventy thousand pounds. 
Mr. Dent, Mr. W. Smith, Mr. 
Bastard, and other members, con- 
tended, that a loan was a specuia- 
tion, on which the’subscribers en- 
tered with the usual expectation of 
gain ot loss, as on any other specu- 
lation. They urged the evil ten- 
dency of such a precedent, and 
conjured the committee to reflect 
on the state of the country, before 
they should sanction a measure so 
unprecedented and shamefal in its 
nature, and so ruinous in its con 
quences. ‘The minister, for his own 
sake, should not persevere in amea- 
sure, which, if adopted, must tend 
greatly to countenance an opinion, 
which began to be very generally 
entertained, that there was a kind 
of collusion between him and the 
gteat monied capitalists, for che 
purpose of gratifying their respece 
tive predominant passions, power, 
and profit, at the expence of the 
sweat and almost blood of the peo- 
ple. This business was discussed 
again, on the first of June: when 
the injustice of it was so strongiy 
urged by different speakers, that 
the chancellor of the exchequer 
carried the resolution in favour of 
the money-lenders, only by a single 
vote: namely, 36 to 35. This 
question was, of course, dropped 
for the present. 
It is in connection with the ge- 
neral subject. of finance, that it 
seems proper to introduce a plan 
that was proposed by the chancellor 
of the exchequer, and adopted by > 
the house, and which met with ge- 
neral approbation, as tending. to 
sengthen public _ credit, — and 
quicken the springs of commerce 
and national prosperity. This was 
/ the 
