The Sun.
London, England, 1839-01-09 00:00:00

industrial classes, and urging them to seek the due protec-
tection of their labour by means of a fair representation in
Parliament. Repeal the Corn-laws says one, and never
mind the state of the representation ; secure to all men a
voice in the election of representatives, and leave the Corn-
laws to subsequent consideration, says, another ;—while
the plain fact is, the state of the country is such, that
neither the modification of the Corn-laws, nor a more po-
pular representation, can be any longer withheld. There
is no need of advice as to what is to be done, it is only as to
the mode of doing that attention should be addressed.
The high price of food will compel the adoption of the one
measure ; the high pressure of agitation and of appreciated
rights will necessarily secure the consummation of the
other. The safer plan for the Government and the country,
therefore, is to urge on both measures pari passe. With-
out an improved representation there is no guarantee for
permanent advantage from a repeal of the Corn-laws ;
v%ithout a repeal of the Corn-laws, there is no guarantee
for legislative reforms being received in a tcmper of mind
calculated to ensure prosperity and repose.—Morning
Advertizer.

The Gazette of last night contains a testimonial, the
first, we believe, of the kind that has ever been received
by a Finance Minister, to the foresight, the talent, and the
success of Mr. Spring Rice as Chancellor of the Exche-
quer. We insert the document entire :
" The Lords Commissioners of her Majesty's Treasury
having certified to the Commissioners for the Reduction of the
National Debt, in pursuance of the Act 10 George IV., c.
27, sec. 1, that the actual expenditure of the United King-
dom of Great Britain and Ireland exceeded the actual revenue
thereof, for the year ended the 10th day of October, 1838,
by the sum of seven hundred and ninety-five thousand eight
hundred and thirty-five pounds, nineteen shillings, and sixpence
farthing:,
" The Commissioners for the Reduction of the National
Debt hereby give notice, that no sum will be applied by them
on account of the Sinking Fund, under the provisions of the
said Act, between the 7th day of January, 1839, and the sth
day of April, 1839. _ _

" S. HIGHAM, Comptroller-General.
" National Debt Office, Jan. 7, 18:'9."
The importance and value of this voucher to the finan-
cial talent of the Right Hon. Gentleman to whose depart-
ment of the public service it relates, will be greatly under-
rated if it be supposed to intimate merely that this Minis-
ter computed prospectively the revenue of the year ending
on the 10th day of October, 1838, to be only seen hun-
dred and ninety-five thousand eight hundred and thirty-
five pounds, nineteen shillings, and sixpence farthing more
than it actually proved. This would be a correct state-
ment of the error in the Right Honourable Gentleman's
calculation, if it were a thing to be taken for granted, that
now, in the twenty-fourth year of peace, the duty of re-
deeming progressively the debt contracted during the
war, is one which a Chancellor of the Exchequer
inay be allowed to disregard. But as this is not a
thing to be taken for granted under any Adminis-
tration, however indifferent to the maintenance of public
credit, we must add to the amount of deficit acknowledged
in the Gazette to the amount by which the national debt
ought to have been diminished by means of surplus revenue
accruing within the year. When the old Sinking Fund was
abolished, with a view to the immediate relief of the com-
munity from the pressure of taxation, the question of
the annual rate at which the debt ought for the future
to be redeemed, taking into consideration the actual
exigencies of the country, was much discussed in Par-
liament ; 'and the lowest rate of redemption mentioned
in the House of Commons, even by that class of poli-
ticians who care most for the present and least for
the future, assumed the appropriation of three mil-
lions annually, for that purpose. It appears, however, by
the official statement of the Gazette, that Mr. Spring
Rice, instead of diminishing the national debt by three
millions, had increased it by seven hundred and ninety-five
thousand eight hundred and thirty-five pounds, nineteen
shillings, and sixpence farthing, during the ear ending on
the 10th of October, 1838. 'The miscalculation of the
Right Hon. Gentleman, or, if his friends like this better,
his deliberate deviation from the established policy of the
State as recognised by all parties in Parliament, is thus
shown to have amounted in the year, to the sum of three
millions seven hundred and ninety-five thousand eight hun-
dred and thirty-five pounds, nineteen shillings and sixpence
farthing.—Morning Post.