§ Mr. Tierneythought it could not be deemed premature to inquire, at this advanced period of the session, when the definitive treaty should be signed, what course it was proposed to pursue with regard to the restriction of cash payments by the Bank. According to the existing law, that restriction would cease six months after the conclusion of peace. Now he wished to know, whether it was intended to propose a further continuance of the restriction, and previously to submit the subject to the consideration of a committee?
The Chancellor of the Exchequerdeclared his inability to answer what he considered a string of premature questions. It was impossible for him to state when the definitive treaty of peace would be signed; and he was quite unable to state, at present, what course on that event it would be advisable to pursue with regard to the period of restraining the payment of cash by the Bank.
§ Mr. Tierneydisclaimed the desire of pressing any thing prematurely upon the right hon. gentleman; but as the definitive treaty of peace was not likely to be signed until a late period of the session, he thought it expedient to inquire how it was meant to proceed with respect to the Bank? Whether by at once bringing forward a Bill to continue the restriction beyond the period of six months, or previously submitting the affairs of the Bank to the consideration of a select committee?