be girth:430C A meeting of the Committee of the whole Court
of Common Council was held on Tuesday ; when, after some discussion, it was resolved that the number of Common Councilmen should be reduced from 240 to 160. LTl,is is a matter for the consideration and discus- sion of Parliament ; and these proceedings in Common Council, which appear to be of such importance to the members of that body, are really of small moment, though they occupy considerable space in the eolumns of the daily papers.]
The City Tories have hired Covent- Garden Theatre for their grand dinner, whenever that important affair shall "come off." The pit is to be boarded over, and the apartment thus formed is to be "decorated with appropriate devices." [ What the Tories may consider "appro- priate," is beyond our ken. Perhaps they will have a figure represent- ing "Bigotry ;" another to personify 'Bribery;' and a third of Fitzroy Kelly and Robert Adam Dundas, as Siamese Twins in misfortune, the victims of Morrison and Reform.] The Times has put forth an elaborate article to show that the state- ment made by the Governor of the Bank of England, at the late meeting of proprietors, of the increased amount of the rest in the course of the preceding half-year was a fallacy, and that, in ilia, a diminution of this reserve fund had taken place. It affects to have discovered that the sum of 90,0001. " for property within the Bank," bad now for the first time been taken credit for in estimating the assets of the Company, and asserts that this appears by the admission of the Governor himself. If, instead of hszarding an interpretation of an unintelligible report which appeared in its own columns of what was said by that gentleman, it bad gone to better sources of information, it would have found, that in answer to a question, "whether in the amount of the rest of 2,734,500/. was included the value of the building in which they were assembled ?" the Governor replied in the negative, "excepting that it included the amount of about 90,000L, the valuation of property belong- ing to the Bank in the neighbourhood." This, we believe, has been the invariable custom in making up the half-yearly accounts of the Bank. As the foundation of the attack is thus unsound, it is needless to examine the superstructure reared upon it.—Morning Chronicle.
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