§ Mr. Gisbornepresented a Petition from certain persons in the county of Derby, praying that there might be no decision on the subject of the Bank Charter formed during the present Parliament.
Mr. Humeexpressed himself gratified by the intimation made to the House by the noble Lord, the Chancellor of the Exchequer, that this Session there would be no discussion promoted by Government upon the subject of the renewal of the Bank Charter. That decision on the part of Government, he considered a very judicious and proper one, inasmuch as the question was one of the most vital importance to all; and particularly as to the effect which, it was found by experience, could be produced by the powerful influence of the Bank, at its pleasure, upon the value of every man's property in the country.
Sir Henry Parnell was of thesame opinion as his hon. friend, and hoped that the wishes of different classes would be expressed by petitions to the House in the mean time, so as to guide and assist the Legislature in coming to a prudent decision on this very imposing and important question.
§ Mr. Robinsonregretted that any Committee on the question of the renewal of that Charter had been appointed this Session, as there was no Report to issue immediately from that Committee. The evidence, and the opinions of the Committee, had already, in fact, got abroad, which had the effect of interrupting, to a certain extent, public confidence, and the ordinary transactions of society. In an old Parliament, about to be sent back to its constituents, the agitation of the question would be highly injudicious.
§ Petition to be printed.