THE CHRONICLE. 
eourt, they defire may be laid be- 
fete his Majefty’s cabinet. 
“ They beg leave to declare, 
that nothing could induce them, 
under the prefent circumftances, 
to comply with the demand now 
made upon. them, but the dread 
that their refufal might be produc- 
tive of a greater evil; and nothing 
but the extreme preffure and exi- 
ency of the cafe can in any fhape 
juftify them for acceding. to this 
meafure ; and they apprehend, that 
in fo doing, they render themfelves 
totally incapable of granting any 
farther affiftance to Government 
during the remainder of this year, 
and unable even to make the ufual 
advances on the land and malt for 
. the enfuing year, fhould thofe bills 
be paffed before Chriftmas. 
“ They likewife confent to this 
meafure, ina firm reliance that the 
repeated promifes fo frequently 
made to them, that the advances 
on the Treafury bills fhould be com- 
pletely done away, may be actually 
fulfilled at the next meeting of 
parliament, and the neceffary ar- 
rangements taken to prevent the 
fame from ever happening again, 
as they conceive it to be an uncon- 
ftitutional mode of raifing money, 
what they are not warranted by 
their charter to confent to, and an 
advance always extremely incon- 
venient to themfelves.” ’ 
(No. 23 P| 
Interview with the Chancellor of the Ex- 
chequer, 9th of Auguft, 1796. 
SOME lifts of Treafury bills ac- 
cepted, payable at the Bank, of 
which about 37,000l. fall due in 
September and Oétober, being 
brought down to the Bank, the 
Governor and Deputy Governor 
133 
this day waited on Mr. Pitt, to 
mention this matter to him; and 
to remind him that the court had 
refolved not to pay any bills on 
the Treafury due in thofe months, 
unlefs provifion was made for the 
fame by the Treafury. Mr, Pitt 
thanked them for the attention, 
and told them, that it was meant 
to prepare money at the Bank for 
the difcharge of thofe bills. 
(No. 24.) 
At a Court of Direéors at the Bank, on 
Thurfday the 8d of November, 1796. 
The following Letter from the Chancellor 
of the Exchequer, addrefféd to the Go= 
vernor and Deputy Governor of the Bank 
of England, having been read, viz. 
“ Downing-ftreet, Nov. 3d, 1796. 
* Gentlemen, 
“T HAVE to requeft you to re- 
prefent to your court, that it will 
contribute effentially to the publie 
‘fervice, if they think prtop€r, to 
advance the amount (as it may be 
wanted) of Exchequer bills ufually 
raifed on the land and malt; and 
that I fhall, in that cafe, be enabled 
to make provifion for the payment 
of the balance now due on Treafury 
bills, at fuch time and in fuch pro- 
portions as may be agreed upon by 
thea 88.4178 
“J have the honour to be, © 
““ Gentlemen, 
** Your obedient humble fervant, 
(Signed) 6 War. Pier. 
Refolved, That the Lords of the 
pes be accommodated with the 
um of 2,750,0001. on the land and 
malt taxes 1797, on the following 
conditions; —- That the fum of 
1,513,345] 19s, 7d. alreddy' ad- 
vanced by the Bank on Trcafury 
bills of exchange, be paid there- 
out; and that all the Treafury bills 
is gireticg 
