of the Minority, in the House of Commons, on the Navy of the Minority, in the House of Commons, on Mr. Ellice's Mar. 2. ...... 1074 of the Minority, in the House of Commons, on Mr. Den- --- of the Minority, in the House of Commons, on the Army -- of the Minority, in the House of Commons, on the Army 7. of the Minority, in the House of Commons, on the third reading of the Promissory Notes Bill... THE Parliamentary Debates During the Seventh Session of the Seventh Parliament of the United Kingdom of Great Britain and Ireland, appointed to meet at Westminster, the Second Day of February 1826, in the Seventh Year of the Reign of His Majesty King GEORGE the Fourth. HOUSE OF LORDS. Thursday, February 2, 1826 THE KING'S SPEECH ON OPENING THE SESSION.] This day the Session was opened by Commission. The place of Lord Chancellor Eldon was, in consequence of indisposition, supplied by lord Gifford. The other commissioners were the earls of Westmorland, Harrowby, and Shaftesbury. The deputy usher of the black rod having been ordered to require the attendance of the House of Commons, he withdrew. In a few minutes after, the Speaker, accompanied by a considerable number of members, having appeared at the bar, lord Gifford opened the session, with the following Speech to both Houses: "My Lords and Gentlemen, "We are commanded by his Majesty to inform you, that his Majesty has seen with regret the embarrassment which has occurred in the pecuniary transactions of the country, since the close of the last session of parliament. "This embarrassment did not arise from any political events, either at home or abroad: it was not produced by any unexpected demand upon the public resources; nor by the apprehension of any interruption to the general tranquillity. "Some of the causes to which this evil must be attributed, lie without the reach of direct parliamentary interposition; nor can security against the recurrence of them be found, unless in the experience VOL. XIV. {NEW } Series. of the sufferings which they have occasioned. "But, to a certain portion of this evil, correctives at least, if not effectual remedies, may be applied; and his Majesty relies upon your wisdom to devise such measures as may tend to protect both private and public interests against the like sudden and violent fluctuations, by placing on a more firm foundation the Currency and circulating Credit of the country. "His Majesty continues to receive from his Allies, and generally from all Foreign princes and states, the strongest assurances of their friendly disposition towards his Majesty. His Majesty, on his part, is constant and unwearied in his endeavours to reconcile conflicting interests, and to recommend and cultivate peace both in the Old world and in the New. "His Majesty commands us to inform you, that, in pursuance of this policy, his Majesty's mediation has been successfully employed in the conclusion of a treaty between the crowns of Portugal and Brazil, by which the relations of friendly intercourse, long interrupted between two kindred nations, have been restored; and the independence of the Brazilian empire has been formally acknowledged. "His Majesty loses no opportunity of giving effect to the principles of trade and navigation, which have received the sanction of Parliament, and of establishing B |