THE CHRONICLE. 
ftate of affairs take place, it will, 
in all probability, prove fatal to the 
Bank of England. — The Court of 
Directors dotherefore moft earneft- 
ly deprecate the adoption of any 
fuch meafure; and they folemnly - 
proteft againftany refponfibility for 
_ the calamitous confequences. that 
may follow thereupon.—Refolved, 
That the Governor and Deputy 
Governor do communicate thefe 
refolutions to the Chancellor of his 
Majefty’s Exchequer. 
Anfrvers of the Chancellor of the Exche- 
quer to the Two Refolutions of the Court 
of Direétors of the Bank, of the 3d of 
December, 1795, and 11th of Febru- 
ary, 1796, on the Jubject of an Impe- 
rial Loan. 
Anfuer to the firft.—The Chancel- 
lor of the Exchequer having per- 
ufed the refolution with great 
attention, repeatedly faid, that cer- 
tainly, as matters were there ftated, 
he fhould not think at prefent of 
bringing forward fuch a meafure; 
adding, that though’ he fhould, in 
opening the budget, make it known 
that he made referve with the pre- 
fent contractors for the loan, to 
permit the Emperor’s raifing three 
millions, fhould circumftances re- 
uire it, he fhould lay afide all 
. thoughts of it, unlefs the fituation 
of things, relative to the Barty 
fhould fo alter as to render fuch’a 
loan of no importance or incon- 
venience to them in perfpeétive. 
The Governor promifed him, that 
fhould fuch a change take place, 
and he fhould wifh for the adop- 
tion of fuch a meafure, he certainly 
would communicate it to him with 
pleafure. — Mr. Pitt withed’ very 
much to have the eed left with 
him, for the purpofe of communi- 
Cating its contents to the cabinet, 
Irg 
if he found it neceflary ; promifing, 
that no one fhould have a fight of . 
it elfewhere, and thatif the Gover- - 
nor would call upon him in two 
or three days, he would return it to 
him, 
Anfwer to the fecond.—Mr. Pitt re- 
plied, That after the repeated inti- 
mations which he had given to the 
Governor and Deputy Governor 
of the Bank, that no further loan 
to the Emperor would be refolved 
on without previous communication 
with the Bank, and due confidera- 
tion of the ftate of their circum- 
{tances, he did not fee any reafon 
for thefe refolutions; that he did 
fuppofe they were adopted in a 
moment of alarm, and that he fhould 
confider them in that light. 
Copies of all Communications between the 
Direétors of the Bank and the Chancel-° 
lor of the Exchequer, refpecting Ad- 
vances to Government fince the \ft of 
November, 1794; exclufive of the In- 
Sormation contained in the Papers al- 
ready laid before the Houfe from the 
Bank of England. 
(No. 1.) 
Copy of a Refalution of the Court of Direc 
tors, the 15th of, January, 1795. 
Refolved, 
oh, cee the Governor and Depu- 
- ty Governor do take an early 
opportunity of informing the Chan- 
cellor of the Exchequer, that the 
court of Direétors, defirous at all 
times to give every affiftance and 
accommodation to thé public fer- 
vice, think it proper at the prefent 
period, when a loan, under the gua- 
rantee of this country, for a foreign 
ftate, of the large amount of fix 
millions fterlisg and alfo one for 
H+ out 
