In the 'Correspondence' of the Duke of Wellington, of all places in the world, there is a full account of them.

The Duke was then on a mission at St.Petersburg, and Sir R.
Peel wrote to him a letter of which the following is a part: 'We have been placed in a very unpleasant predicament on the other question--the issue of Exchequer Bills by Government.

The feeling of the City, of many of our friends, of some of the Opposition, was decidedly in favour of the issue of Exchequer Bills to relieve the merchants and manufacturers.
'It was said in favour of the issue, that the same measure had been tried and succeeded in 1793 and 1811.

Our friends whispered about that we were acting quite in a different manner from that in which Mr.Pitt did act, and would have acted had he been alive.
'We felt satisfied that, however plausible were the reasons urged in favour of the issue of Exchequer Bills, yet that the measure was a dangerous one, and ought to be resisted by the Government.
'There are thirty millions of Exchequer Bills outstanding.

The purchases lately made by the Bank can hardly maintain them at par.