THE €HRON ACL E. 
would, in-thefe times, be very dan- 
* gerous, as they acknowledged that 
the cafh had been very materially 
jeffened of late, and they therefore 
begged of him to try if 100,000l. 
would not be fufficient. 
(No. 26.) 
Iuterview with the Chancellor of the Ex- 
chequer, 3d of February, \797. 
THE Governor and Deputy Go- 
vernor this day waited on Mr. Piti, 
to mention to him that his letter, 
which contained the engagement to 
liquidate the prefent advance on 
Treafury bills, was yefterday laid 
before the court ; who, after a long 
debate on the fubjeét, had fubmit- 
_ ted to the plan as propofed by him; 
but that, by the direction of the 
court, they recommended a punc- 
tual performance of the payments 
promifed — Which Mr. Pitt faid 
thould certainly be obferved; and 
that he had hopes of being able to 
135 
pay it off, even quicker than he 
had propofed. 
(No. 27.) 
Refolution of the Court of Directors, and 
Deputation’s Interview with the Chan- 
cellor of the Exchequer, 1Oth of Februn 
ary, 1797. 
THE Committee met this day, 
and taking into their moft ferious 
confideration the certainty, which 
now threatens us, that Mr. Pitt will 
be obliged to bring forward here a 
loan for Ireland, to the amount 
of 1,500,000l. and the evils which 
will probably follow on fuch a 
meafure to this houfe, by the fend- 
ing over to that country a great 
part of the fum in fpecie,—they 
refolved to afk of Mr. Pitt, a con~ 
fiderable reduction of the Bank’s| 
prefent advances to government, 
to be raifed, as he hinted, by a new 
loan: and they made out a ftate- 
ment for that purpofe to be pre- 
fented to him, which was as follows: 
LE 
Arrears of advance on land and malt 1794 =  ~ $37,006 
Ditto ditto - 1795 - 491,006 
Ditto ditto - 1796 - 2,392,000 
Exchequer bills on vote of credit - » 968,800 
Ditto on confolidated fund 1796 - - 1,323,000 
Treafury bills paid - - - 1,674,645 
L. 7,186,445 
Befides arrears of intereft, &c. _ 400,000 
They defired that a deputation 
xf the Governor, Deputy Gover- 
nor, Mr. Bofanquet, and Mr. S. 
Thornton, would go up to Mr. Pitt, 
and requeft that, if the Irifh loan 
muft take place, he would under- 
take firft to arrange the repayment 
of the above fum to the Bank, as 
the only means which the Com- 
aittee can propofe for the defence 
of the Bank againft the mifchiefs 
they dread from the {rith loan. 
And the Committee alfo defired, 
that, if neceflary, a Special Court 
of Directors might be fummoned 
to meet, on this bufinefs, on Mon- 
day next, at twelve o’clock, that 
the bufinefs may be brought before 
the court. 
In confequence of the above re« 
14 dolutiony 
