The Sun.
London, England, 1839-08-21 00:00:00

DANK OF IRELAND.

The RIGHT Hoer. GENTLEMAN then moved the second
reading of •he Bank of Ireland Act Continuant(' Bill.
Mr. INCH could not allow that opportunity to pass
without expressing his regret that the rate of interest to
be tiaid to the Bank of reland was not the same as that
contemplated In the 8.11 that had been withdrawn
Mr. ELLIS thought it rather unreasonable that the
Chancellor of the Exybequer should be called upon to re--
duce the rate of interest when that was contingent upon
other arrangements which had not been csrried into effect.
H thought it much better to leave the BM '%here it was.
Eventually the Report vas c•irried by a mai,)r'ty of 48 to 5.
(To be enitinut.d in cur SECOND EDITION.)

CHAR FISTS AT BATH.

To THE EDITOR OF THE SUN.

Sir,—A spirited public meeting took place on Monday
evening last, on Beacon bill Common, Bath, to memo
rialiSe the Queen "to dismiss her present Ministers, and
to call others to her councils, who will make the People's
Charter, and the kepeal of the Valor] between Great
Britain and Ireland, Cabinet meastifee," It was antici-
pated that the authorities would attempt to prevent the
meeting being held, but they did not interfere, and the
meeting of dotirge passed off peaceably. We consider that
it was one of the mast spirbed meetings ever held in this
city ; it gave a proof to all that Chartism is not going
down—at least that it is not going down in Bath and its
rieighbourhood. The number at the meeting was esti-
thited at from 3,000 to 6,000. At the conclusion of the
meeting the Chartists formed themselves into a procession,
and proceeded in a peaceful and decorous manner through
the streets to the rooms of the Working Men's Association in
Monmouth-street. Mr. G. M. Bartlett addressed at Conside-
rable length and with great effect a very numerous audience
at the above rooms. He congratulated the company on the
result of the days' proceedings; he spoke of the propriety
of the Convention establishing a National Tract • Society
for the purpese of disseminating as widely as possible a
knowledge of the principles of Chartism ; he was con-
vinced that the success of the Chartist cause depended—
not on physical force—not on useless exciTment, but upon
the trogress of knowledge. This address was listened to
by fle numerous assemblage with marked atter.Con, and
when he concluded he was loudly cheered. In conclusion,
beg to state that the colliers at Radstock, Finsbury and
Newton, are daily joining the Chartists. I understand
that the Association in Bath contains 2,200 members.
I remain,
YOUR CONSTANT SUBSCRIBER.
Bath, Aug. 20,1839

METROPOLITAN POLITICAL
SUMMARY.

The Courier of last evening, speaking of the Chan-
cellor of the Exchequer's plan for funding Exchequer
Bills, says :—" In former times it appears to have been
the practice, when Exchequer bills were to, be funded,
for the Minister of the day to fix a price, which was
publicly announced, and at which the holders of Exche-
quer bills were at liberty to come in, and to exchange
them for a propartionate amount of stocks. With the
greatest anxiety, however, on the part of a Minister to
protect the interests of the public, it was impossible that
he should not frequently mistake the real position
of the money market, and offer to capitalists
much greater advantages than the exigencies of
the case required. Thus when, in the year
1827, it was deemed by the Government expe-
dient to fund three millions of Exchequer bills,
the terms offered by Govt rnment were so attractive,
that the off!rs sent in were equal to six times the re-
quired amount. On that occasion, it was calculated
that those who effected the negotiation realised a bonus
of two per cent., which, of course, was so much lost to
the public. On other occasions of a similar nature, a
still larger sierfiee has been made, but in all future
transactions of the kind, we trust, the plan acted on by
Mr. Spring Rice will be persevered in, as that best
calculated to do strict justice between the nation and
the contractors."
The Globe thus alludes to the present position of
the physical force men 7•-•-•" Wherever the physical force
men have tried their streogth their failure has been
signally complete. They have been put down with
ease. But though their numbers are too inconsiderable
to excite alarm, they are too numerous to be despised.
They are savage, ignorant, excitable.' They require to
be watched with care, and if they manifest a disposition
for mischief to be repressed with vigour. Although their
utter destitution of organization and their want of
leaders renders them powerless for mischievous opera-
tions on a large scale, they may try their hands at
plunder, if opportunity seem to promise impunity.
When the waggon-orators, who advised the people to
purchase arms, and vowed to lead them where and when
they could use them with effect, found things looking
more serious than a procession, they prudently withdrew
themselves from the stage. Even fiery Feargus'
turned tail, and became fearful and faint-hearted as an
ordinary man !"
The Standard alludes in the following terms to the
report respecting certain changes in the Ministry, which
was formally contradicted a few days since :—" There
appears to be no longer any doubt that some of tha
very extraordinary movements announced a short time
ago by the Morning Chronicle, and so confidently denied
' on authority' by the organs of the several sections of
the Cabinet interested in the matter, were, and pro-
bably are, seriously contemplated. One thing is
certain, that that portion of the announcement
which had reference to the elevation of Mr.
Spring Rice to the House of Peers, has been
confirmed by the vigorous exertions which ar© making
among his friends at Cambridge, to replace him there
by some candidate equally devoted to Lord Melbourne's
interest. The knowledge which Ministers have ob-
tained of the poition in which the ensuing registration
is certain to place the Conservative party at Cambridge,
will, it is supposed, lead to a somewhat premature dis.
closure of their intentions upon the subject, as they can
never hope to contest it with the same chances of suc-
cess, small as they are, again."
The Times of this morninz, in the course of a lead-
ing article on the subject of the opium trade, which,
says our Contemporary, " involves almost every species
of immorality and outrage," observes as follows :
" The effect of the opium traffic has been to impoverish,
demoralize, and destroy the Chinese population to such
an extent, as has latterly provoked the Emperor to
adopt proceedings of the utmost severity, involving
not only a cessation of the British trade, hut confisca-
tion, imprisonment, and death to the persons more im-
mediately implicated."

The Morning Post, alluding to Mr. Spring Rice's
withdrawal of the Bank of Ireland Bill. s.iys ;—" W.,
can scarcely repine at the triumph of Mr. 0 Connell
over Mr. Spring Rice. They are cqu.illy honest and
patriotic men. Or if we do not repine at the victory
obtained by the former, it is only because we have so
much sympathy with the interests of the Bank and of
the people of Ireland as compels us to lament that the

interests of either should be sacrificed in so contemp.
tilde a contest as that recently carried on between the
Chancellor of the Exchequer nod his Hon. and Learned
Friend the Member for Dublin."

The Morning Herald observes, with reference to the
Chancellor of the Exchequer's defeat by Mr. O'Con-
nell, on the suli,!et of the Bank of Ireland Bill The
course which Mr. O'Connell has adopted—and the re-
sult—are calculated to give rise to grave reflections as
to the character of certain Parliamentary privileges. If
this case of the Bank of Ireland Charter teaches any-
thing, it teaches that half a dozen Members may effec-
tually thwart the will of the vast majority of the House
of Commens. No matter what the subject—no matter
what the cause! The worst cause, quite as well as the
best, will admit of motions of adjournment, and of
amendments that mean nothing ! The assumption that
the will of the majority must, of necessity, prevail in
Parliament, is proved to be by no means unquestion-
able! Let it be noted that this is a case in which.
Daniel has a strong pecuniary interest."
The Morning Chronicle, in .a leading article on the
subject of Mr. S. Rice's withdrawal of the Bank of
Ireland Bill, remarks as follows :—lt is not difficult to
understand why he should be mortified at this failure ;
but it is not so easy to understand why he should have
neglected to serve notice on the Bank of Ireland for
1838, 1839, and 1840, whereby, as was shown by Mr,
O'Connell, a considerable loss has accrued to the coun-
try, and why he should suffer nearly the whole session to
pass over, and only bring on the question when nearly
all the Members had left town. It may, or it may
not be proper, to allow the banks of Ireland to issue
paper money without restraint, as in Scotland`; but this
was not the question. Ihe Right Hon. entleman
failed to show why the banks in question should have
an unlimited power to issue notes throughout all Ire-
land, except Dublin, and fifty miles round, and why the
Bank of Ireland should have a monopoly within that
circle.
The Morning Advertiser, speaking of capital punish-
ments, with reference to the ease of the Chartists lately
condemned at Warwick, says—" One of our insuperable'
objections to capital punishment is, that there are moral
tahgee n eie
nlos,
standdepraved,
ep
ras, physicale(i:
hardened, appliances d too,
brutal
on I
which,natures,
uerve-es,n
operate more powerfully than the fear of death."

STATE OF THE MANUFACTUAING DIS-
TalcTs.—Our letters to-day supply little additional infor-
mation. The manufacturing towns appear to be quiet but
the alarm of the middle cla.i.-sec has not subsided ; popular
commotion is still apprehended, and occasional commit-
tals coGtir.ue to Le reported.