THE

ANNUAL REGISTER,

FOR THE YEAR

1826.

THE

HISTORY OF EUROPE.

CHAP. I.

State of the Country-Meeting of Parliament-King's Speech and the Address-Measures proposed for relieving the Commercial Distresses-Prohibition against Stamping small Notes-Mr. Hume's Motion for Returns of Bankrupt Country Banks-Bill brought in to prohibit the Circulation of small Notes after Feb. 5th, 1829Exception in favour of the Bank of England-Mr. Hume's Motion to require Security from Country Banks-Reasons for limiting the Bill to England Scottish Banks.

THE

HE commencement of the present year was marked by a continuance of that depression in manufactures and commerce, which had prevailed at the close of the preceding. The demand for the labour of the artisan had not yet revived; and want of employment, and its concomitant misery, were the results. Neither had private credit been yet restored; the failures of private bankers, VOL. LXVIII

both in the metropolis and in the country, continued to multiply, though much less rapidly, than in the end of 1825; and the universal distrust which existed, by limiting the facilities of obtaining discounts and advances, deprived commerce of its natural aids, and increased the difficulties of the trader. The ship-owners, likewise, were suffering from the inability to procure freights, an in[B]

beyond the month of June. But, on the present occasion, the greater degree of labour required in the composition of the volume rendered it impossible to complete it by the usual time. Had we attempted to hasten the period of our publication by a few weeks, we could not have presented to our readers so faithful and distinct a narrative of the business of the year as fore them.H

that which we now lay before them.

odt bas dosega glasmsifts to gaiteoM-yunuo sit to HTATZ ---89889rteia Isiorsmao su gaivoiler tot besogong 291a6oM-aa9rbbA August 1st, 1827.Ha-to lens gaiqusi teigs moitididon eds fididong of ni agword lidded 2000 squaled to easЯ worst of яoqeza-8281 di dati soto flame to citalu mont vizos sxisper of nottol ammull M-baalgad to dusd sdf to daittose-busly or Ilia od guitimi tot eqoissa-dosa so?

smit lenau sit yd ti sudigaroo of oldizsegni di bosc bans en ulov

CHAPTER I.

wca za doldu teilt STATE of the Country-Meeting of Parliament-King's Speech and the Address-Measures proposed for relieving the Commercial DistressesProhibition against Stamping small Notes-Mr. Hume's Motion for Returns of Bankrupt Country Banks-Bill brought in to prohibit the Circulation of small Notes after Feb. 5th, 1829 Exception in favour of the Bank of England-Mr. Hume's Motion to require Security from Country Banks-Reasons for limiting the Bill to England-Scottish Banks

[1

CHAPTER II.

Arrangement with the Bank of England-Bill brought into the House of Lords to enable private Banks to have an unlimited Number of Partners -Clause introduced authorising the Bank of England to establish Branch Banks--Discussion on the Propriety of relieving the existing Distress by an Issue of Exchequer Bills-The Bank agrees to advance Money upon Security-Bill to enable Factors holding Documents of Property in Goods, to pledge them to the Bank as effectually as if they were the real Owners-Appointment of a Committee on Emigration.CORN LAWS: Mr. Whitmore's Motion-Bill to allow the admission of Bonded Corn into the Market-Bill to authorize Government to Import a limited quantity of Foreign Grain during the Recess-Mr. Ellice's Motion on the State of the Silk Trade-Petitions concerning the Navigation Laws-Mr. Huskisson's Statement of the Effects of the recent Alterations in these Laws-Relaxation of the Navigation Laws in favour of the new South American States.

CHAPTER III.

[30

FINANCE.-The Budget-Mr. Maberly's Resolutions on the National Debt-Mr. Hume's Motion on the State of the Nation, and Forty-five Resolutions regarding the Finances-Opposition to the Navy Estimates -Mr. Hobhouse's Motion to reduce the Army-Discussion on the Expense of the Diplomatic Establishment

CHAPTER IV.

[69

Bill to prevent Bribery at Elections-Resolutions against Bribery-Lord John Russell's Motion on Parliamentary Reform-Mr. Abercromby's