\ 
CHRONICLE. 9 
that the general concerns of the 
Bank are in the mott affinent and 
profperous fituation, and fuch as to 
preclude every doubt as to the fe- 
curity of its notes. The direétors 
mean to continue their ufual dif- 
counts for the accommodation of 
the commercial intereft, paying the 
amount in bank-notes; and the di- 
vidend-warrants will be paid in the 
fame manner. 
“ Francrs MartTIn, Sec.’’ 
*¢ At the council chamber, White- 
~ hally Feb. 26, °1797.° By the 
Lords of his Majefty’s moft ho- 
nourable Privy Council. 
Prefent, the Lord Chancellor, 
Lord Prefident, Duke of Portland, 
Marquis Cornwallis, Earl Spencer, 
Earl of Liverpool, Lord Grenville, 
Mr. Chancellor of the Exchequer. 
_ “ Upon the reprefentation of the 
Charicellor of the Exchequer, {tat- 
ing, that from the refult of the in- 
formation which he has received, 
and of the enquiries which it has 
been his duty to make refpecting 
the effect of the unufual demands 
for fpecie that have been miade 
upon the metropolis, in confe- 
guence of the. ill-founded or ex- 
epecrated alarms in different parts 
of the country, it appears that, 
unlefs fome meafure is immediately 
taken, there may be reafon to ap- 
prehend a want of a fufficient fup- 
Py of cafh to anfwer the exigencies 
of the public fervice. It isthe un- 
animous opinion of the Board, that 
it is indifpenfably neceflary for the 
"hg fervice, that the directors of 
he Bank of England fhould forbear 
iffuing any cafh in payment, until 
the fenfe of parliament can be 
taken ox that fubje¢t, and the pro- 
per meafures adopted thereon for 
maintaining the means of circula- 
tion, and fupporting the public and 
commercial credit of the kingdom 
at this important conjunéture: And 
it is ordered that a copy of this 
minute be tranfinitted to the direc- 
tors of the Bank of England; and 
they are hereby required, on the 
grounds of the exigency of the cafe, 
to conform thereto until the fenfe 
of parliament can be taken as afore- 
faid. (Signed) W. FawKkEner.” 
This day, at 12 o’clock, a meet- 
ing of the moft opulent merchants 
in London, and of all the bankers, 
was held at the Manfion-Hotse, 
when the following refolution paff- 
ed unanimoufly :—** At a meeting 
of merchants, bankers, &c. held 
here this day, to confider of the | 
fteps which it may be proper to 
iake, to prevent embarrafiinents to 
public credit, from the effec of any 
ill-founded or exaggerated alarms, 
and to fupport it with the utmoft 
exertions at the prefent important 
conjuncture, refolved unanimoufly, 
We, the underfigned, being highly 
fenfible how neceffary the prefer- 
vation of public credit is at this 
time, do moft readily hereby de- 
clare, that we will not refufe to 
receive Bank-notes in payment of 
any fum of money to be paid to us, 
and will ufe our utmoft endeavours 
to make all our payments in the 
fame manner.” It was alfo the 
opinion of the meeting, that the 
bankers fhould all agree only to 
pay the fraétional parts of drafts in 
fpecie, fo that every perfon might 
remain on an equality. 
In confequence of fome words 
which fell in a recent debate in the 
Trifh Houfe of Lords, from Lord 
Blaney, concerning the emigrant 
officers. who command the Irifh 
brigades, the Duke De Fitz-James, a 
ci-devant French nobleman of ver} 
high honour, conceiving him telf 
infultcd 
