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Newspaper
Dublin Journal
Location
Dublin, Dublin, Ireland
Date
May 24, 1819
Page
2
On May 21 in the Assistant Barristers Court Exctae Prosecution discussed caves decided. Dublin merchants and bankers backed the Menai Straits Bridge Bill. A motion regarding petitions against the Irish Catholic Claims was announced for Wednesday. The Irish Clerks of the Peace Bill report was postponed to Monday. Left sitting.
In the House of Commons Tuesday night Mr Treaney's motion for a Committee on the State of the Nation sparked a large and vigorous debate. A property tax is urged as a substitute for a Window Tax to reach absentees and boost revenue, with support from ministers and suggestions for broader reform.
In a Parliamentary report section the Committee on the Irish Distillation Acts adjourned to consider suspending the Townland Fine Bill after the next midsummer with regulations to ease illicit distillation objections. The Foreign Enlistment Bill is postponed as circulars urge opposition measures in South America. Bank of England cash-payment resolutions trigger Mint regulation debate.
London market notes show a broad decline in the funds with heavy Consols and Bank Stock down to 70 and 235 respectively. The Navy and Government securities drift, while a new loan looms, and speculation remains rife amid a buyer’s market. In the West Indies Par gains against Monillo with cavalry losses, and Cadiz reports Monte seeks urgent reinforcements to hold against the Patriots.
Intelligence from the Cape reports large Caffre forces in the interior. The British governor and troops pursuit faced cavalry shortages. Officers were killed after surprise attacks. Further dispatches claim a vast Caffre force overran districts and caused widespread destruction as the country rallied to arms.
A French report notes petitions for the return of exiles, adjourned discussions on 1818 1817 accounts, and plans for coronation preparations. Sweden faces tense talks with Stockholm London conferences, Norwegian debt disputes, and a Swedish 125 000 strong army while Norway sits at 19 000. German universities inquiry opens in Frankfurt Diet.
A confident talk of broad tax reductions circulates in Austrian dominions as farmers struggle to collect due to lower earth product prices since peace. The Hanoverian Constitution proposal to create two chambers has repeatedly been sent to the Assembly, but the majority prefers the current arrangement.
Private advices from the United States report that recent Congressional measures regarding the National Bank at Philadelphia did not yield anticipated benefits. Shares remained at 103, and efforts to reclaim funds from Baltimore debtors faltered due to distressed U.S. trade. Directors required debtors to pledge shares as security for 10 percent below par.
On May 21 the London coin exchange notes no fresh wheat supply since Monday and a large leftover stock from Wednesday’s market. Prices for flour have declined sharply. Wheat, barley, peas, and beans sit at very low levels as buyers hesitate and old stock remains in hand.
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