The Sun.
London, England, 1837-02-04 00:00:00

THE SUN, LONI)ON, SATURDAY, FEBRUARY 4, 1837.

it not been for his seasonable taint of " Irish aliens,"
and the histant recognition of its appositeness by his
own party, we should never have see❑ such a confe-
deracy as the National Assoc;iation, ramifying through-
out Ireland, and acting with a decision—an energy—a
promptitude--that have preserved the tranquillity of
the country, by increasing its cenisciousness of its own
moral strength. " When bad-inc:a conspire, good men
must combine ;" and this is the true secret of the
origin and progress of the present great Irish con-
federacy.

CHANCERY COURT.-(THIS DAY.)

The Lord Chancellor was occupied the whole morning with
the further arguments in the part heard case of Vernon v.
Vernon, which came before the Court upon appeal from the
decision of the Master of the Rolls, allowing the demurrer to
the plaintiff's bill. The arguments had not concluded when
our Reporter left.

We are no advocates, in the abstract, for these sort
of Institutions ; but cases will occur at times when they
are not only justifiable, but indispensable. The pre-
sent is one of these. The conduct of the Lords
towards Ireland last Session, left her with scarcely a

hope of redress, except such as she might derive from
appealing to their fears, through the medium of a
National Association. Hence her present imposing
show of zeal—of fixedness of purpose—and, above
all, of unanimity. If their Lordships now consent
to grant her " equal justice" with England, she will
have her Association to thank for it, quite as much
as Ministers. The latter have done their best, and
we are quite sure will continue so to do, to promote
her domestic interests ; but they are weak, so long as
the House of Lords continues opposed to Ireland ;
and therefore it must be Ireland's own right arm that
must achieve her deliverance.
The Tories are easily surprised. They were sur-
prised when the Reform Bill was called for by the
country ; when Sir ROBERT PEEL was turned out of
office the other day ; and now again they are surprised,
because the consequences of their insulting treatment
are daily making themselves more and more felt in
Ireland. Now for our own part the only thing that
surprises us, is the innocent, calf.like wonderment of
these men. What more natural than than the perse-
cuted should combine against their persecutors ?
What more obvious, to all but Tories, than that
Ireland, tyrannized over by a reckless faction, shout('
seize the first opportunity of confederating to
procure redress? Did these men suppose that an en-
tire people were to accept their curses for blessings—
be kicked, and not kick again—be trampled on, and
not rise to repel the insult ? If they did, the Associ-
ation must, long ere this, have dispelled their illusion ;
for as Mr. O'CONNELL truly observed of it last night,
" that confederacy had sprung from a just sense of
wrong, aggravated by insult ; and had this stri-
king feature about it—that whereas the Catho-
' lie Association had not one-fourteenth of its
members Protestant, this, on the contrary, had
more than one-third of its members Protestant—men
of rank, property, and intelligence, and the number was
daily increasing." Under these circumstances, we en-
tertain not the slightest fears for Ireland. Her Asso-
ciation has already half-accomplished its purpose ;
for it has surprised and alarmed the Tories, and there-
by paved the way for her sure and speedy regeneration.

We learn from the Paris Papers of Thursday, that
the French Police arc unceasing in their efforts to fill
the prisons with conspirators. Unfortunately, the
task is no longer difficult. The dragon's teeth sown
by the KING are producing an abundant armed crop.
The army is completely demoralized. Accounts were
received in Paris on Thursday, stating, that three offi-
cers, who had taken part in the conspiracy at Stras-
burg, re-appeared 'in that city on Tuesday, and sur-
rendered themselves for trial. Before reaching
t'ie town, these officers who had previously
absconded, were met by the greater part of the garri-
son, and conducted to prison in triumph. Had they
participated in the most glorious action, they could not
have been received with greater enthusiasm.
Marshal CLAUSEL was to have arrived in Paris on
Friday. The solicitations of his friends, not the com-
mands of the War Minister, determined his appearance
in the capital.

FRENCH FUNDS—PARR', FEB 2.
Five per Cents., 100 f. fx.
"I 11,0,er Cents., 7:•f. 45c. 4Cc.
Bank Actions, 2,44:1.
riente de Naples, ORf. 10c. Mc. 35c.
Roman Five per Cetts., 132_
Spanish Actives, -.A 2.4% 26.
Spanish Passives. 7 - ---
Belgian Loan, Five per Cents, 103
Portuguese Loan, Three per Cents, 31%
13XCIIANG6 on t:orsnort.
One month, paper, 25c. 30c. ; money, 254. 07),c
Three months, paper, 251. ; money, 251. 10c
—Coors Authooliaue.

BOURSE, HALF-PAST FOUR.—:—The French funds declined to-
day in consequence of alarming reports received this morning
by courier from Strasburg. It is said that the moment it was
known that the three fugitive officers implicated in the insur-
rection of the 30th of October last had surrendered themselves
prisoners in order to stand their trial before the ensuing as-
sizes, the people laid siege to the prison, literally carried it by
storm, took the officers out, and brought them in triumph
through the city, crying " Vivo l'Empereur !" and " A bas
Louis Philippe !" It was belived that part of the garrison had
sided with the people, or had at least refused to aid in putting
down the tumult.
Little business was done in foreign securities.
LAST PRICES
Five per Cents., lON'. 30..
Three per Cents. 79f. 65c.
rank Actions, 62,14.5 f.
Rente tie Naples, 94. GOc.
Roman live per Cents., 102%.
Belgian Loan, IA
Portuguese Three per Cents., 31%.
Spanish Actives, s 6.
S;•anish Passives, 7.
Miguelites, 11%.

Madrid Papers to the 27th ult. have been received.
M. Lo PEZ, Minister of the Interior, has obtained leave
of absence from his office for three weeks. The pre-
text is the necessity of arranging his private affairs, and
delicate health. He will be succeeded, ad interim, by
Senor ARM ENDA RIZ. The Christino garrison at Al-
cantara killed the Carlist Chief ITURALDE for attempt-
ing to escape from prison. General NA RVAEZ has
consented to join the army at Cuenca. The QUEEN
was in good health.

A third edition of Mr7JopLlN's answer to the
Joint Stock Bank Report has just been published by
RIDGWAY and Sons. We are glad of this. There
are few men whose opinions on matters connected with
banking are sounder, and more worthy of being widely
circulated, than those of Mr. JOPLIN. It is particularly
desirable that this subject should be well considered by
those who will, in all probability, be called upon to
legislate on it during the present Session of Parlia-
ment ; and we have no hesitation in sayinc, that they
will not come to their important task, duly prepared,
without having perused Mr. JOPLIN'S pamphlet.
The author's main object is to examine the doc-
trines insinuated, if not advanced, in the Report of
the Committee appointed by the House of Commons
last Session, to enquire into the operation of the 7th of
Geo. IV., cap. -16—the Act which regulates Joint
Stock Banks—and whether it was expected to make
any alteration in the said Act. This Report, it will
be recollected, laid down thirteen negative propositions
for the management of Joint Stock Banks ; that is to
say it pointed out a certain number of things which the
law has NOT provided for in these banks as at pre-
sent constituted, leaving it to be inferred, of course,
that the law ought in these respects to be amended.
Mr. JOPLIN takes these propositions seriatim, and
makes them pass through the crucible of a severe exa-
mination, the result of which is that not one of them
will stand the test. The arguments with which the
author combats the opinions of the Committee appear
' to us in almost every case conclusive ; and we shall
take as early an opportunity as the state of our co-
lumns will allow us, to lay before our readers a few
specimens of his mode of reasoning on this highly
interesting question.
To the present edition is added a short and clear
account of the money pressure in 1836, and of the
embarrassment of the Northern and Central Bank of
E
nglafnord.
its conduct, statitt.rlibduelt)eadrtitnortlfiremßnantikle
original of Eng-
land
terms agreed upon with the Central Bank for render-
ing it assistance. But we apprehend the facts of the
case, since disclosed, will fully acquit the Directors of
the Bank of England of the charge of driving a hard
bargain with the Central Bank.

RENFREWSHIRE ELECTION.—SeveraI circum-
stances contributed to give victor}' to the Tories, but there
can be no doubt that the latter owed more to the remissness of
the Liberals at the commencement of the contest, than to all
the other causes put together. This, when coupled with the
three years' previous neglect of the registries, on the part of
the Liberals, is quite enough to satisfy any reasonable politi-
cian how easy it is to account for the unlooked-for success of
the Tories, even in such a Radical county as Renfrew. The
idea of re-action, so much dwelt on by the Tory Press, is all
nonsense and humbug, though we confess that the discomfiture
of so old and consistent a Reformer as Sir John Maxwell, by
a mere youth like Mr. Houstoun, may well bear such a con-
struction in the eye of superficial thinkers.—Scots Times.