144, 
could not engage for any thing; 
but he knew how defirous the court 
always was to affift the government, 
though a provident care for their 
eftablifiment mutt precede all other 
objects. Mr. Pitt ebferved on this, 
that the welfare of the Bank, we 
muft fuppofe, was an object of 
equal imporiance to him as to us. 
The Governor then added, that 
though he did not engage for the 
court, if Mr. Pitt could promife that 
two millions of the fum, now afked 
for, {hould be applied to extinguith 
fo much of the advance on the 
Treafury bills, he believed it might 
be acceded to. Mr. Pitt replied, 
that he could not anfwer’ for fo 
large a part being paid immediately ; 
but that he would, on this informa- 
tion, draw up a new letter to the 
court, to. be confidered next Thurf- 
day ; and he wifhed to fee the two 
Governors at twelve o’clock on 
Tuefday next, to fubmit to them 
the plan of his letter: and the Go- 
vernor and Deputy promifed to 
wait on him at that time accord- 
ingly. 
Anfwers to (No. 7.) 
AFTER Mr. Pitt had read this 
paper, with great attention, twice, 
he began by expreffing his fatisfac- 
tion and approbation of the meafure 
of communicating fuch matters to 
him; faying, That he would moft 
certainly frame his arrangements‘in 
a manner that might enable him to 
remove our fears, and prevent un- 
pleafant confequences; and that he 
would endeavour to do this in fuch 
a manner as fhould produce no 
alarm; ftrongly recommending to 
thé court of Direétors to ufe every 
sali precaution to prevent that 
allo. 
A:PoP; B NoDEhMw, ByQs an 
The Governor then faid, That 
he hoped Mr. Pitt did not conceive 
it to be the intention of the court. 
to refufe the advance of the land 
and malt, 1796; but only that it 
was their wifh to protraét it for 
fome time. Mr. Pitt faid he un- 
derftood it fo, and fhould avoid 
applying for it until it might be 
more fuitable to’ the Bank. - He 
alfo faid, he fhould certainly reim- 
burfe a million of the Treafury 
bills, and repay the 1,100,000l. as 
foon as the accounts were made 
up; and, if it was neceflary, the 
1,400,0001. remaining fhould be re- 
imbried. r 
The Governor mentioned to 
him the drain of cath to Ireland, 
the calls for the Weft India arma- 
ment, and the probability of foon 
perceiving thofe that may be occa- 
fioned by the claimants of the neu- 
tral fhips being reimburfed : in all 
which he feemed to concur. Then 
the Governor ftated to him, that 
the price of gold being fo much 
above the value of our guineas, 
muft neceflarily imprefs his mind- 
with the unavoidable confequences. 
The Chancellor of the Exchequer 
viewed this in a moft ferious light. 
The Governor then mentioned 
the probability of the claims of the 
American fhips taken in the Weft 
Indies foon coming to a hearing, 
and which, he faid, from report, 
would amount to near four milli-. 
ons. Mr. Pitt agreed that appeals 
were foon to be made, but he did 
not think the amount would come 
up to fuch a fum. The Governor 
then refumed the fubje& of the. 
Treafury bills; and hoped that, after 
the meeting of parliament, Mr. Pitt 
would fo arrange mattérs as to pre-" 
vent their continuing to be paid eh 
the, 
sf 
