The Sun.
London, England, 1855-07-31 00:00:00

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Sun-office, 112, Strand, London,
9th July, 1855.

A 4 4.744-9 7,,,,,.
1......... v.--f,

51411,

LONDON, TUESDAY, JULY 31, 1855.

The Black Sea fleet has not, as yet, attempted
any very brilliant achievements worthy its estab-
lished reputation and high efficiency. It certainly
accomplished important results at Yenikale and in
the Sea of Azoff, but they were realised at a very
trifling cost, and without any extraordinary
amount of labour or peril. There were many
cases of individual daring and distinguished ser-
vices. Wherever and whenever either officers or
men werb put to the trial,
they passed nobly
through the ordeal, and effected all that the most
sanguine could have anticipated. But, unfortu-
nately, their energies or gallantry were but sel-
dom tasked. There were manifestly concealed
influences at work that prevented them from hav-
ing the chances of gaining distinction and
honour, for which they were anxiously pining.
It was not their fault, from the highest
to the lowest, that they had not their
wotk to do. They were bound to take their in-
structions from Whitehall, and could only attempt
matters that had previously been sanctioned by
"My LDrds," or rather by the " First Lord."
When the prohibition is removed, we are satisfied
that they will "work with a will," going at it
in right earnest, and that their dashing exploits
will amply compensate for their compulsory in-
action. .

It seems quite certain: that there is something
On the tapts that the extraordinary preparations
easily perceptible are not made for nothing. The
objects are yet involved in mystery, and there
are so rawnY tempting•operations that, until the
complete solutiOn of the problem, it is impossible
to predict with any degree of confidencethe nature
or locality of the contemplated proceedings. We
earnestly hope that a home blow may be intended,
and that what we long since indicated as a per-
fectly feasible measure may be attempted. A trial
is all that is required, for if that be mtde we
have not the slightest doubt as to its complete
and unequivocal success.

Hitherto the -larger vessels have been little
better than spectators
.of passing events. The
Russians were too well aware of the stuff of which
our jolly tars were made to risk an encounter on
anything like equal terms. In any act of brutality
—in crushing an unresisting foe, and butchering
those wile had previously struck their colours—
they were—as the
perfectly au fait. massacre Sinope proved,
But the qualities there dis-
played were not of the character that wins a
sharply-contested fight against an equal foe. At
Sebastopol they destroyed a of their fleet,

for the purpose of blocking up the entrance
to the harbour, and affording an inglori-
ous protection to the remainder. Our • men-
of-war could not get at the skulking
dastards, nor even fairly measure their strength
against the granite walls of the several forts. On
the first day of the siege they had a little go, in
which the gallant LYONS greatly distinguished
himself ; but the " great go" is still to come off,
when a combined effort is raade by sea and land
to bring the siege to a decisive and summary con-
clusion. That will indeed be a glorious exploit,
one which a NET Sox might have longed for, but
which it is reserved for the British " Lyons" to
achieve. There is not a single 'sailor in the fleet
who would not surrender " a fin " to be per-
mitted to participate in the glorious work.
But if Sir CHA.RLES WOOD should still prove an
impediment there are other channels where they
can be beneficially employed. Odessa was once
unaccountably spared. We have bitterly ex-
piated the fault. The sparing of Odessa has
hitherto been the saving of Sebastopol, the
cause of the sanguinary, battles of Balaklava and
Inkerman, and of the supplies so lavishly poured
iu to the beleaguered fortress, which enabled it to
resist all the efforts of its assailants.

Odessa has since been greatly strengthened.
Its destruction will now be a far more difficult
task than it would have been last year—but still
it is feasible. We can do it if we like, and con-
vince the Austrians that we are really in earnest;
that the hostilities are bona fide.

There is also Nicolaieff and Kherson to the
west of Perekop, and the Putrid Sea to the
east, where there are abundant opportunities
for winning fame and aiming at the alternative
so dear to Jack's heart, "the gold chain or the
wooden leg." These latter acts may not be very
perilous, but they would be very advantageous to
the cause in which the Allies are engaged, and go
far to cripple the power and reduce the arrogance
of Russia, and to compel the AUTOCRAT to abaL-
don the policy Of PETER, and of CATHERINE, which
he professed himself to be determined to pursue.

The landlords in their time were heartily
laughed at for assuming the guise of "Farmers'
friends ;" and Mr. BROWN, and other wealthy and
honourable Free-trade M.P.'s, were among the
loudest laughers. The farmers' friends had at least
one justification for themselves, namely, that the
farmers believed them their friends. That, how- ,
ever, was not sufficient to save the lords of the
soil from the jokes •and sarcasms of the lords of
the spinning jenny. Friends of high rents,
friends of monopoly prices, friends of aristocratic
settlements, were the epithets by which they were
most freely designated. And so it has been with
3 each- class of monopolists as they have fallen be-
neath the scythe of free trade. Shipbuilders
and owners 'were refused the claim to
be considered friends of the British marine
when they resisted the repeal of tho Navigation
laws. Colonial proprietors would not pass for
negroes' friends, or disinterested protectors of the
colonists ; and even wo of the Press, when asking
to keep our postal stamp, were denied the right
to be considered friends of the Exchequer, or of
the public either. One and all, justly or un-
justly, we were ridiculed as concealing gross sel-
fishness under the guise of patriotism or public
spirit.

But no set of monopolists have made themselves
more utterly ridiculous than the monopolists
of. money. Their turn is come at last—it
ought to have come first and see the
virtue and patriotism of the men The
money monopolists wish to pass for creditori.'
friends and poor man's friends. They demand
protection for creditors and protection for the
poor man against the frauds of bubble companies.
They are afraid that one will sell his goods to
them, and the other take his small shares in them,
and that both will lose their money. Kind pro-
tectors they of the workman and of the trades-
man ! So kind that they defend with the most
griping tenacity a law which, like the corn laws,
has the peculiarity of putting the money into the
pockets of its defenders, of which it has first
robbed those whom they profess to protect. No
one doubts that our partnership laws are made for
thewealthy. Ah, no ! the monopolists exclaim quite
accidentally, we do get rich under them. That
is a trifle ; we defend them to protect,you trades-
men and workmen against being hoaxed by
bubble companies. The little break in the argu-
ment is, that tradesmen and workmen think they
can protect themselves. If they could not, we
should still say, the sooner they are taught to do
it the better. Sugar growers, farmers, ship-
builders, newspaper prOprietors have all been
taught to do it, and have taken no harm from it.
Let monied men learn to walk alone, and trades-
men and workmen will do it easily enough.
And now for this money-monopolists' bubble of
bubble companies. We will suppose that they
may spring up like mushrooms, or be plentiful as
blackberries, to use the elegant stereotyped
figures of the Stock Exchange. What of that ?
The same faculties which teach the pupil of
Mrs. GLASSE to distinguish the true from the
spurious mushroom, and which enabled us when
boys to distinguish the ripe from the half-ripe
blackberry, will enable us, if they he permitted
full play, to distinguish the bubble from the sub-
stantial company. Of course there may be com-
panies of rogues, as well as individual rogues, and
there may be unsuspecting confiders in them, as
there was in the banking firm now before the
magistrates. Confidence will certainly be mis-
placed and abused while Captain Roou and Mr.
PIGEON are a part of the human family. We
deny, however, that it is the part of a Govern-
meat to supply Mr. PiaEort with the faculties '
not bestowed upon him by nature. The latter
will learn to keep out of the way of his circum-
ventor, if
he is liableil6 toke inbut
theleftto companyfi n d outf
a cer-
tain
w l a
class. The mass of poor men also are
not such fools and
simpletons, in their own line,
is the benevolent capitalists would persuade us.
Their errors in strikes are but
after the model of
", their betters," and as we permit them to refuse
or sell their labour at the b.(11.
1 ing of bubble
NowToNs and organisations, so we are bound to
allow them to invest their money •
Inista,kenlv if
they will. Their mistakes like those of Messrs.
HAsTrE, and the others of that
class, will quickly correct themselves.
But the luckless tradesman who trusts a bubble
company, have you no mercy on him ? None at
All. He secs a grand announcement in the Tim!, ;
"Capital one million, ten per cent, paid up ! !
Tenders wanted for this or .that." He sends his ten-
der to a splendid edifice, and all within betokens
ample moans. Why should he hesitate ? We
,413-, too, why should he hesitate—to ask for his
money ? If the company is so wealthy, why
should it refuse him the money on delivery of his
soods, or on account of work in progress ? He can
afford to do it somewhat cheaper for ready money,
aad Rhat object can a really substantial company
"" in refusing ready money, and therefore paying
higher for •
their work ? If, however, Mr. A.
will not serve the company on credit, Mr. B.
and Mr. C., and all
the al/111.1;3ot will be but too glad
wdo it. If they Will indeed do it, and if it be