The Sun.
London, England, 1839-12-03 00:00:00

per _lb. The sales will last during the greater part of
the p resent week. The demand is extremely brisk.
Last week the deliveries were above 409,000 lbs.
Con sols for Money closed at t.:ne advance to 91, and
for the Account at 914. El chequer Bills brought 4s.
to 2i.. discount, and India S
Spanish aish Bonds closed cock receded to 252.
shade below the price of the
morning, viz. at 24-7- r,
Portuguese New Fiveper Cents.
left off at `32-1- ; Col.„bian at 301 p ; Mexican at 283-, and
Dutch T tvo-aP.,i•e-lialf per Cents, at 524.
The B zihr.ay shares were depressed this afternoon.

SPIR IT of the PUBLIC JOURNALS

F'/0.11,1 THE MORNING PAPERS OF THIS DAY.
(From the Morning Chronicle.)
Nor. that we have an unequivocal test of the success
of the operations of the Bank of England in the rapidly
init'rea sing list of bankruptcies, which indicate such a
ruiiao us depression in the price of commodities as must
bri n/..; back the gold of which we were in want ; it is
tine, to ask, are we for ever to run the same round of
reciation of the currency, exportation of the precious
rx4etals, ane. sacrificing our traders in order to recover
tlae m ? The admirable letter of " Civis" on the subject.
des4irves the most attentive perusal. This appeal to
the
.good sense of the country is powerful, and we would
faia hot?e that it will not be altogether unsuccessful.
'rhe Bank Directors, as he well observes, can only
satisfy the Proprietors by running this eternal round
of alepreeziating the currency and restoring its value.
To make profits they are compelled to adopt a
course pregnant with ruin to the community.
The decrease of 67,0001. in the " Rest" by recent
of sufficiently indicates that on the removal
of the necessity for decreasing their securities, they will
be- again accumulated, and with the same mischievous
results. This is the time for determining whether the
system shall or shall not be discontinued. Civis appeals
to the Directors.
" Let them (he says) ask the Government to appoint
Commissioners to manage the circulation of the country
—men who shall have no other duties to perform which
can interfere with such management. Let them accept
payment of the debt due to them from Government in
Treasury notes, to be issued by these Commissioners upon
the credit of the State. Let them sell their stock of bul-
lion to the State, to be paid for in the same notes. Let
them rede€m their own notes with tlie Treasury notes thus
obtained, and let them henceforward confine themselves to
the use of their large capital ',a the legitimate operations
of banking. So shall the; gain large profits which none
shall cavil at—so shall they become useful both to them-
selves and to their c'.aintry—so shall they obtain the good
wil, where now they only reap the hatred, of the whole
community. They may, if they please, ask from the Go-
vernment compee.sation for the less of profit to be sus-
tainexl by reßaguishing, before the expiration of their
charter, the privilege of issuing their own notes ; and this
co repensa.'tion the Government will readily grant."
(From the Times.)
We find in the Palmerston print of last night the fol-
lowing passage, which for folly, falsehood, and contempt
for the Protestant faith and the Protestant Constitution
of this empire, will not easily be surpassed :—" With-
out in the least undervaluing the Act of Settlement,
which was a good, and perhaps a necessary, security
when it was passed, we think that the danger of its being
violated was not so great as to render any particular
imention of it desirable. At the accession of George
111., the Pope and Pretender (not to mention a third
personage) were more formidable than they are now.
and were feared even beyond the nursery. At present,
notwithstanding the bluster of a few Orange newspapers,
nobody looks upon Popery as anything more than a
watchword used by the most violent leaders of a faction
to impose upon the most ignorant portion of their fol-
lowers." We recommend this passage to the attention
of our readers, with no farther observation for the ,pre-
sent than to remind them them that the violation of the
Constitution in the particular referred to, and which
the Palmerston print treats lightly, would ipso facto
release the people from their allegiance to the Queen,
and deprive her Majesty of the Crown. The Minis-
terial print thinks this a matter of no moment ! while it
looks upon Popery as nothing more than " a watch-
word used by the most violent leaders of a faction to
impose upon the most ignorant portion of their fol-
lowers !" What doctrine have the Chartists pro-
pounded more dangerous than this ? What safety can
there be for the Crown and for the Protestant faith
whiAe the Government of the country is in the hands
rti men who keep such shameless and unprincipled writers
in their service ? In order to prevent even the " most
ignorant followers" of the Whigs from being duped by
the journals which are hired by the Ministers to
mislead and mystify them, we subjoin Blackstone's
description of the Act of Settlement, together with
the clause of the Bill of Rights to which he refers :
" It was towards the end of King William's reign,
when all hopes of any surviving issue from any of
these Princes died with, the Duke of Gloucester,
that the King and Parliament thought it necessary
again to exert their power of limiting and appointing
the succession, in order to prevent another vacancy of
the throne, which must have ensued upon their deaths,
as no farther provision was made at the revolution than
for the issue of Queen Mary, Queen Ann, and King
William. The Parliament had previously, by the sta-
tute of the first of William and Mary, s. 2, c. 2,
enacted, that every person who should be reconciled to,
or hold communion with, the See of Rome, should
profess the Popish religion, or should marry a Papist,
should be excluded and for ever incapable to inherit,
possess, orenjov the Crown ; and that in such case the
people should be absolved from their allegiance, and the
Crown should descend to such persons, being Protestants,
as would have inherited the same in case the person so re-
conciled, holding communion, professing, or marrying,
were naturally dead. To act, therefore, consistently with
themselves, and at the same time pay as much regard to
the old hereditary line as their former resolutions would
admit, they turned their eyes on the Princess Sophia,
Electress and Duchess Dowager of Hanover, the most
accomplished princess of her age. For, upon the im-
pending extinction of the Protestant posterity of
Charles 1., the old law of Regal descent directed them
to recur to the descendants of James I. ; and the
Princess Sophia being the youngest daughter of Eliza-
beth, Queen of Bohemia, who was the daughter of
James 1., was the nearest of the ancient blood royal
who was not incapacitated by professing the Popish
religion. On her, therefore, and the heirs of bar body
being Protestants, the remainder of the Crown, expect-
ant on the death of King William and Queen Anne
without issue, was settled by statute 12 and 13 Wil-
liam 111., c. 2. And at the same time it was enacted,
that whosoever shall hereafter come to the posses-
sion of the Crown should join in the communion
of the Church of England as by law esta-
blished."—Blackstone, vol. 1. chapter 3. " And
whereas it has been found by experience,
that it is inconsistent with the safety and welfare of
this Protestant kingdom to be governed by a Popish
Prince, or by any King or Queen marrying a Papist,
the said Lords Spiritual and Temporal, and Commons,
do further pray that it may be exacted, that all and
every person and persons that is, are, or shall be recon-
ciled to, or shall hold communion with, the See or
Church of Rome, or shall profess the Popish religion,
or shall marry a Papist, shall be excluded, and be for
ever incapable to inherit, possess, or enjoy the Crown
and Government of this realm, and Ireland, and the
dominions thereunto belonging, or any part of the same,
or to have, use, or exercise any regal power, authority,
or jurisdiction within the same ; and in all and every
such case or cases the people of these realms shall be,
and are hereby, absolved of their allegiance ; and the
said Crown and Government shall from time to time
descend to, and be enjoyed by, such person or persons,
being Protestants, as should have inherited and enjoyed
the same, in case the said person or persons so recon-
ciled, holding communion, or professing, or marrying as
aforesaid, were naturally dead."—Bill of Rights, clause 9.
(From the Morning Advertiser.)
Lord Hill, in justly reprimanding the officers who
sanctioned by their presence the calumnious and trea-
sonable language uttered against her Majesty at a
recent meeting vaunting itself " Conservative," has in-
curred the most rancorous hatred of the Tories, a
hatred virulent in proportion to the justice of the re-
buke. Not daring to defend the conduct which Lord
Hill made the subject of his censure, the Tories, with
an ingenuity familiar to those associated with a bad
cause, endeavour to pervert the meaning of the letter in
which the censure was conveyed, and in this way to
obtain a pretext for counter-accusation. With all their
reckless hardihood they shrink from attempting a vin-
dication of the atrocious imputations made against the
Sovereign, and seek to divert public attention from the
cause of the reprimand to the terms in vv hich it was
conveyed. Finding the disgust and abhorrence of the
whole community to be excited by the language of the
Rev. Slanderers who assailed the Sovereign, the factious
Press avoids allusion to the crime, and confines its ani-
madversions merely to the censure with which it was
visited. Ever foremost inj,the cause of, vilification and
falsehood, the Times yesterday quotes from the letter of
Sir John Macdonald an extract in which Lord Hill's
displeasure is conveyed to the recent holders of her
Majesty's Commission, and in allusion thereto endea-
vours to establish a parallel betweentAheshptroeosence of
where
the military officers at the dinneran at d
that of Admiral
the foulest treasons were uttered,
Fleeming at a festival at
Majesty Ports moauothd, held
her i‘floiraitshteerpsuiro-
pose of supporting her
the progressive advancement
of Reform and the pro-
motionenetroasl e interests e
ssof vision,
the
of thel Britishim es
appearspeople .
With an affected thageneral
to consider that the prohibition of military officers to
attend meetings of a treasonable character, applies to
their attendance at meetings of every political character
whatever, unless " on duty, and in aid of the civil
authorities."
It would hare been desirable that the
distinction
tie."
onsin this regard had been more clearly ex-
pressed in the letter conve3ing Lord Hill's reprimand,
and that the Ashton meeting, instead of being con-
founded in the indefinite term of " party association,"
had been broadly denounced in its true character as a
meeting held to calumniate the Sovereign and abet trea-
son against her person. This would have prevented any
affectation of misconception on the part of the Tories.
We are aware that the violation of what is right in one
respect is frequently made the pretext of suppressing