FURTHER FOREIGN EXTRACTS.
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| The great dehate the May nputh Blll. which continued for six ulghts wii unaoated interest," wns brought To a close on the moning oi the l9 ul' sbntlv bel,re lhree ocluCk. when the second read ing was carried Ly 32S to l76, giving Ministers | majority of l4I.

 | until inc 23.I wh.n Mir. Ward brought OrNard his | amendment, providing for the grant out oi the re- | venues of the Established Church in Ireland Ihis amendment led to long and animated debate on 'he | whole question of the Irish Chulch, anu thci'ed from Mr. MacaUy, Lord J. knssen' Lord fa9mer- | .,on and other members of the late Government, distinct dec,aratian that lhe Established Church in Ireland must be reduced, and made suitable to me number of Protel lants m that country, ana thal i's surplns revenues must he apled To the support "l | new Roman Catholic Establishment. hIs dt clara linn cid not meet wilh much resistance from Minis ters and inc impressun produced by he tone o the | debate is generally that s'lne measure VIII ere long be proposed for the ganzallon o the Irish Church In the of the debate, the eaers ol both par ties expressed the strongest determlf alton resist Renenl and Mr Macauey declared that his party youd mol consent to Il until all had been stake ed and lost and the whole world had been on,used by the struggles of the English people 10 prevent ii. Sir R. Peel also took occasion to repeat, that the MaynoOlh Bill was no concession 10 agltatlon or 10 fear oi war l IL has mol been proposed he said, until aga ton | had been put down by law, and as to war with the United States the was actually in print be- fore the Presidents message had reached thIs coun- try. The debate lasted until Thursday night, when | mendmenl by majority ot l14

 | On Friday the 26h Sr Robert Peel gave his l promised explanation oi the measure which the gov erOmeni proposed tn bring forward on the subject of 1 Irish and Scotch banking. lt Is intended 10 apply ! there also Cbut with some modhcations) the same 1 general principal adopted last ion for England The exclusive privileges uf the bank Sf Ireland are with the full concurrence Ol it's directors, to be with drawn, except llat the government business is to be nlnntd o il, and hai the present rate of interest upTr rRpIl uu he dtht Inf flu lV vernmenl to Il, shall be paid for len years cerian The operation ol lhe other seven joint stock banks in Ireland will thus be materially facilitated, as under the preeenl law no joint stock bank of issue l can be ID in Dublin, or within sixty four mies oft, the National Rank possessing the exclusive right To iuur aud pay notes (except large amonts and bong datrt) within that circle. The distinctions | in the paths akrn bl lroiesians and Roman Cath olic directors and prnprifors respectively, are also to be aboished; and weekly relurn is 10 be made by the bank, like that made by ihe hank of Eng hand In scotland there is no such national banking establishment, but there are nineteen banks, all oi which aie equal iuoling as respects privileges. Al present, both the Scotch and Irish banks can is- notes under 1 5 and il is not proposed 10 inter leIe with lhs power.

 Bur the future issues the banks are to be limited to the average issues of thirteen lunar months from

 tie 27th of April, lS44 far as securities are con- c.rncd; and any excess of paper circulation above that d, ,erage must be based-not Bank of Eng

 land notes-but on gold or silver hullion exclusively. A'ler entering into some minor details, ihe right hon. Bart stated that to ayold the evils of precip- taucy, the scheme would not be brought into opera

 inn before inc lst of January next. The prevailing

 feeling seemed To be decidedly in favor of the Gov eminent phH. and leave was given 10 brlng in tue Bills.

 Mir. DumOmbc gave notlCe that in the event of

 the MNu,plh Bill bemg cad third time, he would move that $ operation be limited to three years. Ai1cr il conversation, in which Lord John Russell, Sn RdbtiIPeel, aad Sir Robert lngiIs took part, il Was a-i lna d that lhe third reading oi the Maynnoh Grant Bill should take place on Monday. the 19h and that Lord ]. Russell should move his resolutions on inc 26t of May. These resolutions are

 l. That he present state oi political tranquility, and the recent revival of uade, afford to the house Enorah' opportumlt, 10 consider oi such measures as ma, tend erlnanenlB tn improve the condition of lhe aboing classes.

 I hat th, se laws which impose duties usually called protective, tend to impair the efficiency of Iaicr, lo restrict the free interchange of comnodi- ties and 10 impose on the pto. e unnet essary taxa ton

 3.That the present corn law tends 10 check lm- prn,emenIs in agriculture, produces uncertainty in all larmng specuaiions, and holds to Ihe owners and occupers nf the land prospects o special adsan- tage which il fails To

 A. That this house will take the said laws into consideration, with yIew 10 such cautions and de- llberate arrangements as may b. most beneficial 10 all classes of her Majesty's subjects.

 5. That the freedom of industry would be promo- ted by careful revision of paIOchla settlement which now prevails in Enga and Wales. 6. That a systematic plan of consolidation would paral, relieve those districts ot the country where the Efficiency of employments have been most ihju- rlOus to the laborers in hnsbandry

 '. That the Improvements made Of late years III the education of ihe people, as well as it's more gen era diffusion, have been with satisfaction to thls house.

 : 8. That this house will be ready to give it's sup. pot to measures founded on berp, and comprehen- sye principle les, which may be conducive 10 the fur

 ther extension of relIg ous and moral instruction.

 9. That an humble address be presented to her Majesty to lay the foregoing resolutions before her [ Majesty.

 lRELANp.-There was great demonstration a Id banquet at Dundak, on Thursday, m which thousands participated, and where the leaders evinc- ed ihe utmost determination of tone and language. fully proving that repeal is yet dearly cherished object amongst the Roman Catholics of Ireland. The progress of Mir. OConnell and his friends thitf CT from Dublin was that of heroes triumphant. The first of July, the Obeisk upon the Boyne, was fixed for the Drogheda demonstration The Ibe- 7 rator received addresses from Derry, Dungannon, Armagh, Belfast, and various other places. REPEAL AGiTATIoS.-Mr. O'Connell having been invited to a trlumphal entry and public ban quet, at Cork, the si and 2d of June has return ed an answer accepting the nynaton. He exhorts his correspondents to perseverance in the of 7 Repeal. He says that the Mavnoolh endowme~t is Ga good measure in itself, and entitled to gratitude but mmeasuraby short of the substantial justice due from Eng land, and which never be oh,aned save by ihe restoration of our domestic Legislature - Every concession" he adds made by Eng land is fresh proofof her former nusce

 at increases the strength othe Repeaers ,and di- mnishes the power and number of those who are op- posed to repeal. In the meantime we are guilty of no deception or de uson. No particular concess ion Cal lessen our de;ermInaon 10 procure Repeal. - We know full well that complete justice 10 Ireland cannot be otherwise attained; nor any permanenl protection From wrong and oppression secured, save under the auspices of an lrlsh Parliament " Mr. O'Connell presided, and was supported by Lord French.

 The weekly meeting of the Repeal Association took place on Monday, the 2lst. Mir. E. B. Roche M. P presided. He called for three cheers for tle Minister and lhe majority who introduced and sup ported ,he Maynooih Endowment Bill, which was responded to. He warned their opponents not 10 msinterpret that cheer, The people of Ireland re- ceVed the Biil per SC as good measure, aud they rendered their humble thanks for it. as lar as il weni But they would be satisfied with notbise less than nnhounded justice 10 their country. What they want. ed were substantial acts and deeds, and if they re- mained firm they should obtain them.

 Mr Smith O'Brien said: If 50 900 Frenchmen were drawn up their shore ready to be cunv we'd across the Channel in am-vessels the question Repeal would be easily settled. (Cheers.) If the | American fleet were ready to carry regiments as if the Irish soldiers in the British army, forming as they did fully Uneihifd of the entire of that force, were to relue 10 shed he blood of their fellow -coun- tymen-il one million ol natives of Ireland resident

 In England and Scot hand resolved 10 co-oieiae ith the people of Ireland, the Brush empire would b. broken up, and thencei0rward the history of Ireland would be written separate anl indepen lent na- ion. (PrO'racted and loud thaers.)

 Al the Repeal meeting on Monday the Ssh, Mich olas Mahtr ESQ. NJ F. for Tiplerary, was Ca led to