We have already spoken, quite fully enough, of the manner in which the unanimous remonstrance of the Scottish bankers was received. The fact that their representation was backed by the unanimous voice of the public, beseeching that they might be left alone without any legislative interference, went for nothing in the eyes of Sir Robert. He had, to say the truth, too much power, and he never was chary in abusing it. He dealt with Scotland as if she were an insignificant colony, too ignorant to regulate her own monetary affairs, and too weak to resist any show of forcible aggression. In the plenitude of his rashness, however, he displayed the same disregard to public opinion in regulating the currency of England; and we shall now proceed to detail a very few of the several warnings which he has received. In 1844 the following document was laid before him; and we surely do not exaggerate its importance when we say, that it proceeded from a body of men whose opinions, upon monetary subjects, were entitled to be listened to with the utmost respect and deference:--“We, the undersigned bankers of London, are induced, by the importance of the measure and our interest in its success, to address you upon the subject of the Bank Charter Bill, now before parliament. We were led to believe, when the measure was first brought forward, and we feel confident it was generally understood throughout the country, that although it was the intention of her Majesty’s government that the paper Circulation of the Bank of England, in their issue department, should be limited to an amount not exceeding £14,000,000, upon securities, yet, that in the event of any particular crisis arising, a power was to be reserved by the bill enabling the Bank of England, with the consent of the first Lord of the Treasury, the Chancellor of the Exchequer, and the Master of the Mint, to extend their issue upon securities beyond that amount. It is with considerable surprise that we find that the bill now before the House of Commons does not contain any provision for an extension of the issue beyond £14,000,000, upon securities, excepting under the special circumstances named in the fifth clause of the bill now before parliament. We are apprehensive that the absolute limitation of the issue to £14,000,000, without any power of expansion reserved, whether that amount be in itself a proper amount or not, will create a general feeling of uneasiness throughout the country, and, by preventing the satisfactory reception of the measure, will deprive the scheme of many of the advantages it possesses, and interfere with its success. We respectfully submit that the effect of such an absolute limitation _will be to restrict the business of the country by leading to a general withdrawal of legitimate accommodation_, unless some power be reserved by the bill for extending the issue with the sanction of the authorities above alluded to in cases of emergency, to be made apparent to such authorities.”