The Earl of Liverpooladverted to what he had said on a former evening, relative to its being the intention of his majesty's government to propose a bill for continuing the restriction upon cash payments at the Bank of England, and observed, that at the time he made that statement, it was not in his contemplation to propose any inquiry with regard to the subject. Since then, however, a communication had been received from the committee of gentlemen with whom his majesty's government were in the habit of officially communicating, he meant the committee of Bank Directors, which had induced him to bring forward a motion for a committee of inquiry. He therefore gave notice of his intention to move to-morrow se'nnight for the appointment of a committee to inquire into the state of the Bank of England, with reference to the question of the restriction of cash payments.
The Earl of Lauderdaleexpressed his satisfaction at the intended motion of the noble earl, but trusted it would not interfere with the motions for information which he intended to make for the purpose, and which information he considered essential to the proper consideration of the question.
The Earl of Liverpoolsaid, he by no means intended his motion to interfere with the motions of the noble earl, but on the contrary, thought that the greater part of, if not all the information for which the noble earl intended to move, would be useful to the consideration of the subject in the committee.