Title:
PP/GC/LE/78 Letter from Sir G.C.Lewis to Henry John Temple, third Viscount Palmerston, regarding a new site for the war department, membership of the National Gallery Commission, and Treasury business, 18 September [1856]
Date:
18/09/1856
Content:
Letter from Sir George Cornewall Lewis, second Baronet, [Chancellor of the Exchequer], Harpton [Court], Radnor, [Radnorshire, Wales], to Henry John Temple, third Viscount Palmerston: he has asked Panmure for his opinion on the new building for the War Department; his answer is enclosed [not present]. "It is difficult to decide between his plan and Hall's, but I have a strong persuasion that according to the scheme of the latter, a very long time will elapse before there is a new office for the War Department." Lord Stanley might be asked to reside over the National Gallery Commission. His name is not in the division list, and he is not a member of the Prince's commission. "He seems to wish to have a finger in every pie, and he might be willing to undertake what everybody declines. Shall I try the experiment of writing to him ?" The list of persons with a special interest in the subject is exhausted. Charles Austen, the retired railway counsel, would be a good man if he would agree to serve. The harvest is nearly brought in in the Radnor neighbourhood; the farmers are satisfied with the result. It is apparent, however, that it will be another year of fluctuating prices. The funds have begun to recover. "The late decline could not go far or last long." It will be necessary to borrow two million [pounds] in Exchequer bills before Christmas. The Bank [of England] will advance the money and will hold the bills until they can be paid off after Easter. "I find that the strong advocates of the policy of the bank act of 1844 are in favour of vesting the issue of all paper money in the hands of commissioners appointed by the government. The effect of this would be to make the government responsible for every expansion or contraction of the currency. I am not like Spooner's paper, inconvertible; but I confess that it would take a good deal to convince me that this is a responsibility which a wise government would voluntarily undertake." 18 Sep 1856 [Postscript] "The proceedings in the United States about the army vote are remarkable." 18 Sep 1856
Extent:
Two papers
License:
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Subject:
Fox Maule, second Baron Panmure, later eleventh Earl of Dalhousie, Secretary at War
Sir Benjamin Hall, first Baron Hall, President of the Board of Works
Edward John Stanley, second Baron Stanley, President of the Board of Trade
Prince Albert, later Prince Consort
Prince's commission: Fine Arts Commission [?]
Charles Austen
Lysander Spooner, author CONSTITUTIONAL LAW RELATIVE TO CREDIT, CURRENCY AND BANKING (1843)
Radnorshire, Wales; agriculture; crops
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