moved the order of the day for the second reading of the army of reserve suspension bill.

stated, that a rt. hon. friend of his (Mr. Pitt) was prevented by indisposition from attending that day in his place in the house. He was authorised to urge his objection to the further progress of the bill, as it was in a material degree connected with the object of the motion, which his rt. hon. friend proposed bringing forward, at an early day next week. To-morrow, he thought, would be too early a day; Friday was already appointed for another important discussion; and he presumed Monday or Tuesday might be convenient.

said, certainly it was his wish to accommodate the rt. hon. gent.; and, as he understood there was no objection to putting off till Monday the other discussion, the bill might proceed to the next stage on Friday.

, on the part and in the absence of his rt. hon. friend, Mr. Fox, declared there would be no objection to postpone his motion till Monday.—After a few observations from Sir R. Buxton, the bill was read a second time, and ordered to be referred to a committee on Friday next.

said, that he expected on Tuesday next to receive dispatches from Ireland, on the subject of the negotiation of the loan in that part of the United Kingdom. It was, therefore, his wish to postpone the consideration of that branch of the public supply, till after the arrival of such information.—The budget was then postponed to Monday se'nnight.

declared, that it was at present his intention only to move that 11½ millions be raised by exchequer bills for the discharge of the bills which were now outstanding. He should submit to the house at a future period a motion for the raising of the remaining sum of 5 millions to complete the sum which he had already mentioned. The Bank had agreed to postpone the payment of the 1½ million which they had raised in 1798. He was in consequence enabled to propose to the committee that only the sum of, 9½ millions be raised in the present instance. It was not the intention of govt. that an part of the debt should be funded, but that all the amount which he then moved for should be kept outstanding. This he purposed doing by two separate bills, the one for 8 millions and the other for 1½ million.

observed, that the whole amount of exchequer bills would, if the committee acceded to these resolutions be 24,600,000l. If he allowed for the 1½ million payable to the Bank, which they had agreed to postpone the payment of, it would be evident that upwards of 23 millions would be then outstanding. It was not usual to have so large a sum in circulation at so early a period of the year. He believed that the deterring of such a measure would be very advantageous to the public, and thought that the right hon. gent. would find, that at no period was there ever so large a sum as 23 millions in circulation so early as April.

said, that the hon. gent. had fallen into error from the circumstance of his not having perused the accounts upon the table. It was there stated that provision had been made for the payment of 10,600,000l. There was therefore only the sum of 14 millions remaining of the amount which the hon gent. alluded to: 3 millions were locked up in the Bank for the renewal of their charter, which reduced the sum to 11 millions: and, when he stated that the Bank had agreed to with-hold their demand for the payment of 1½ million, the committee would then see that he was correct in stating that the sum of 9½ was all that would be wanting for the present issue of exchequer bills.