T HCE TCH I RIGAN! PCcLAE. 
the Exchequer, that it is the re- 
queft of this court that he will ei- 
ther adopt fome other mode of 
paying the Treafury bills of ex- 
change, than by direéting them for 
payment at the Bank; or fo to ar- 
range the iyaeeue of money for 
the payment of thefe bills, that the 
amount for which the Bank fhould 
be in advance, fhall not at any time 
exceed the fum of 500,0001; as 
this court is determined to give 
orders to the cafniers to refufe pay- 
ment of all bills whenever the ad- 
vance fhall amount to fuch fum of 
500,0001. That previoufly the 
court is defirous of fixing ona cer- 
tain day with Mr. Pitt when fuch 
order fhall take place; but in the 
mean time depend on his former 
and repeated promife to reduce the 
prefent advance as fpeedily as pof- 
fible. 
(No. 5.) 
Refort of the Governor, and Refolution of 
the Court of Dire€ors, 6th of Augu/t, 
PF7O: ; 
THE Governor having laid be- 
fore the court a letter from the 
Chancellor of .the Exchequer, 
which was received yefterday at 
four o’clock in the afternoon, con- 
taining a requeft for a farther ac- 
commodation on the credit of the 
growing furplus of the confolidated 
tund, 
Refolved, That the confideration 
of this letter be poftpaned; and 
that the Governor and Deputy Go- 
vernor be defired to wait on Mr. 
Pitt, and inform him, that this 
court cannot take his letter into 
confideration until it has received 
fatisfaction refpefting the repay- 
ment of the monies already advanc- 
: i 
+ 
127; 
ed for payment of Treafury bills of . 
exchange, to reduce that account 
under the ftipulated fum of 500,000). 
above which the Bank was never 
to be in advance; and until it has 
had fufficient fecurity held out that 
it fhall not be called upon to make 
farther advances on this accountin - 
future: and that they do requeft 
Mr Pitt to enter into full explana- 
tions on this fubjeét, which is not 
even touched upon in his letter. 
Interview with the Chancellor of the Exe 
_, chequer, Ith of Auguft, Vi95. 
The Governor and Deputy Go- 
vernor this day waited on Mr. Pitt 
at the hour he had appointed:— 
When the Governor firft obferved 
to him that his letter did not ar- 
rive in time to be taken into con- 
fideration by the Committee on 
Wednefday ; and that it was there- 
fore of neceffity laid before the 
court on Thurfday, without much 
previous confultation on it in the 
Committee: And the Governor 
then read to Mr. Pitt the following 
note, as containing the fubftance of 
what paffed upon it in the court : 
The Governor having laid before 
the court a letter received yefterday 
afternoon from the Chancellor of 
the Exchequer, containing a requeft 
for a farther accommodation of two 
millions and an half, on the grow- 
ing produce of the confolidated 
fund, ’ 
Refolved, That the confidera- 
tion of this letter be poftponed; 
and that the Governor and Deputy 
Governor be defired to wait on Mr. 
Pitt, and inform him that this court 
cannot fully take his letter into 
confideration until he has finally 
fettled the arrangement, notified to 
him laft week, relative to the re- 
duction 
