The Sun.
London, England, 1852-09-21 00:00:00

THE SUN,

yonets bristled around him like a pallisade surmounted
with chevaux-de-frieze. Desperate though his position
was, however, it is nevertheless certain that still, had
he listed, ABD-EL-KADR might have escaped.
Already he had been in straights apparently as fear-
ful, and yet, in spite of every obstacle, he had con-
trived upon each occasion to effect his escape from
the closing grasp of his antagonists. Even then, in
1847, the EMIR might, had he so pleased, have
tightened the folds of his burnoose, have taken the
reins of his Arabian warhorse between his teeth, and,
with his pistol in his left hand and his cimeter in his
right, have cut his way through the ranks by which
he *as environed, and flown on " the wings of the
wind" to the freedom and the authority still awaiting
him in the depths of the wilderness. ABD•EL4K.ADEIt
might still have ventured upon this enterprise—but—
he was not alone involved in the trammels
—there were with him his wives and his
children. Solicitous for their safety, unwilling to
abandon them in the flight that held out to him its
temptations, and unable at the same time to secure
their liberty while accomplishing his escape in the
manner already indicated—the Enna at last came to
the determination to surrender himself upon certain
preconcerted stipulations. ABD-BL-KADER, we may
believe, was induced to consent to adventure upon
this step the more readily from his confidence in
French honour and magnanimity. As it proved,
however, the Emperor N APOLEON himself wad not
subjected to a more grievous disappointment when,
coming to England, "like THEMISTOCLES," he
found himself; not received with hospitality, but
" immolated." ABD^EL-KADEZ in like manner de-
livered himself up to France upon the understanding
that his personal freedom was to be assured—and
he was forthwith conveyed across the Mediterranean
and has been ever since in a state of incarceration.
History has already recounted the terrible manner

in which the unfortunate EMIR has been avenged,
even in captivity, by the awful dispensations of
DIVINE PROVIDENCE. The old KING, who was the
prime mover in the infamous act of turpitude, was
compelled to fly from his palace with ignominious
precipitation. His principal ministerial adviser in
the transaction was only enabled to save his life by
escaping in the livery of a footman. The Prince of
the Blood, who had solemnly pledged the word that

WAS broken, found all his own rights destroyed, and
himself expatriated. Marshal BUGEAUD has since
then expired, and General DE LAMORICIERE, after
being imprisoned for a brief interval, has been driven
into a disgraceful banishment. Meanwhile, the
heroic victim of the men who have thus wit-
nessed already the " pride, pomp, and circum-
stance of power"—whether of war or of
empire—scattered irretrievably to the winds
of heaven, has languished in the Chateau
,l'Amboise, where he still awaits that tardy fiat
which is to be the signal of his liberation. A veteran
soldier of England has morn than once interceded in
his behalf—but unhappily success has not attended
the humane efforts of the Marquis of LONDONDERRY.
Hops can now only survive in favour of the EMIR
through the homage for justice cherished in the heart
of his Highness the PB.IN CE-PRESIDENT. It will be
well for his fame and for the honour of France if that
august personage, the chieftain of a powerful Govern•
ment, shall so act towards the prisoner of Amboise,
that the story of the fate of ARO -EL -KADER shall
not form a companion narrative of the melancholy
history of the captivity and death of TOUSSAINT..
L'O VERTURE. From the Akbar of the 7th instant,
we observe with pain, that wishes are ex-
pressed in Algeria that the EMIR may be
still imprisoned for an indefinite pericd, rather than
liberated on his parole, with permission to reside in
the city of Mecca—and this simply upon the most
paltry of prudential considerations. It was not in
this miserable spirit that was said of yore the grand
old sentence—Fiat justitia, ruat ccelum. It was not
in this spirit that France acted in the days of
BAYARD. It was not thus that her history was
written, when her annalist was a FROISSART. No.
Let Lours NAroLsors, then, so decide, in reference to
the fate of ABD•EL- KADER, that dug consideration
may be had for the honour of the French people, and
f9r the dignity of the French Government.

One unquestionable duty of journalists is that of
protecting the public from fraud and imposture, and

:here seems to be every likelihood of a monster attempt

on its gullibility in the shape of a new Austrian Loan.
Those, indeed, who burnt their fingers with the last
may be a little chary of touching another ; but since
that time money has become more difficult of invest-

ment, and multitudes want a good 5 per cent. who
do not find it easy to obtain more than 3 on good, or
4 on tolerable security, and to whom, therefore, the in-

crease of .5 par cent. stock at 95 is very tempting.
Old dealers in these things well know the meaning
ei " very favourable terms offered " quite as well as
every lady who goes shopping knows the meaning of
" tremendous sacrifices" and "great bargains," but
hundreds of respectable persons are not old dealers in
investments. They are recommended by some one
who is, and who is, therefore, perhaps a touter for an
Austrian Loan, to invest their savings or bequests in
it; the stock, they are told, is alrea iy at a premium.
Any doubts as to security are silenced by the assur-
ance that a ROTHSCHILD is engaged in it, and also many
of the "first houses." Moreover, the young EMPE-
.

ROE is exceedingly popular ; even in his recent pro
gross in Hungary he has been most enthusiastically
received, and the last year's income of the Aus-
trian empire showed a considerable increase over
that of the preceding year. By such a smooth
tale as this, if the talked-of loan should come
into the English market, no doubt numberless widows
and artisans, the classes we feel for most, and numbers
of persons also professing higher business attainments,
will be inveigled out of their money. Things are
n'tered for the worse rather than the better since Mr.
COBDEN did such excellent service in exposing the
system by which " the first houses" secure them-
s-lves, and leave the stockholders in the lurch. That
system is neither better nor worse than the bubble
railway schemes, concocted merely to create stock,
which the creators could at once dispose of at a hand-
-9
'"me profit, and leave the holders to wind up, or go
onat immense loss, as they deemed best. By a few
fictitious sales among themselves, or even real ones,
for which they could amply reimburse themselves,
" the great houses" raise the stock to a premium, and
then get rid of all in their own hands; a fall soon
Occurs, the Woe becomes permanently lowered, and
only for loan No. 1 to sink yet lower on the announce-
ment, in a few years, that loan No. 2 must ere long be
brought market. Soon it turns out that the
Ei,Ro intoa,s the
th in
exhibited at
usiastic reception Hungary, and
eve mEen
enthusiasm of soldiery
n
police, in i
enn a
enthusiasm itself, Was the enthusiasm
and
the word of com-
mand ; that even illuminations were ordered
V
being numbered with the • at the
penalty of disaffected, and
that Hungary is determined to regain, at least, its
old rights and privileges, while the boy EMPEROR
more callous than a TaLLETaarin or a mtrrituan
of his 'teens, is determined en'
though but just out that
the constitutional freedom of some 800 years' growth
shall te assimilated to the bureaucratic despotism
ions
of his German possess • To retain Hungary on
such tsrms is to retain a E erennislnecessity for fresh
loans, while to lose it by civil dissension is
to shake Austrian credit altogether. On
one condition only can investment in all
Austrian loans be safe, namely, that that Go-
vernment adopt a really noble, generous course with
Hungary, and with Lombardy too. Thorough poli-
tical amnesty, and even moderate constitutional con-
cessions, followed as they would be by freer, if not
free trade, would make these two noblest members of
the Austrian confederation mines of wealth to its
treasury. But, then, the need of loans would pro-
bably be at an end. Liberty can pay its own debts.
Despotism, on the contrary, is always needy. Not-
withstanding taxation has been strained to its utmost
limit, there is still a deficiency ; and the military
establishment requisite to deprive twelve millions of
people of their just rights, and to convert them into the
'fore
slaves of the worthless end cruel
lispsburg, will House of
I always more than exhaust the re-
venue which its tyranny can raise.
'We say little about the immorality of lending
money to crush the free and uphold the despot,
merely because we fear it is the argument which will
weigh least in the scales of the money lender.
We only know that our laws will not tolerate
certain immoral investments, such as gambling-
houses and brothels ; and if law prevents such abuse
of capital at homes we think conscience •
might, at least,