The Sun.
London, England, 1853-08-27 00:00:00

THE SUN, LONDON, SATURDAY EVENING AUGUST 27
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COWES, ISLE OF WIGHT, Aug. 26.

DINNER TO MESSRS. PETO & WARNER

Leasing
Compans.

Closing Prices
Yesterday.

Business
this day.

AT NORWICH.

(FROM OUR OWN CORRESPONDENT.)
ROYAL YACHT SQUADRON INTELLIGENCE.
ARRIVALS.—August 24. Capricorn, schooner, vice-
commodore C. R. M. Talbot, Esq., for Cherbourg.
SAILINGS.—August 22. Osprey, cutter, John Petro,
Esq., for Portsmouth, left for the season ; Pauline, do.,
Charles Brandreth, Esq., Colchester; Nymph, do., Sir
John Bayley, Bart., Londoa ; Lancashire Witch, Law-
rence Palk, Esq., Torquay Regatta ; Beatrix, do., Sir
W. P. Carew, Bart., do, 23. Coquette, cutter, Lord
Godolphin, Torquay Regatta. 24. Bianca, cutter, Earl
of Mount Charles, Torquay Regatta ; Osprey, do.,
Lieut.-Col. Huey, do. ; Julia, do., Wm. Peareth, Esq.,
do. ; Sultana, do., Marquis of Conyngham, do. ; Ripple,
sloop, Douglas Dickenson, Esq., do. 25. Stella, cutter,
R. Prankland, Esq., Torquay Regatta.
YACHTS A 7 AND ABOUT 11E STATION.—Xarifa, Cap-
ricorn, Gloriana, Viking, Wizard, Intrepid, Arrow,
Titania, Gossamer, Gondola, Gem, Elizabeth.
It has been blowing a gale for the last 24 hours from
the SW. The yachts at Torquay Regatta will have a
rough time of it. The Arrov found the weather so bad
that she returned.

(Prom the Norfolk. News.)
On Thursday a public dinner, to celebrate the return
of the two Liberal members for Norwich, took place at
the Town-hall in that city, the guests consisting of about
1,000 electors. Lord Viscount Bury presided, supported
by Messrs. Peto, M.P., and Warner, M.P., and the
Mayor and Sheriff of the city. There were also present
A. Hamond, Esq., W. Gwyn, Esq., T. M'Cullagh,
Esq., W. N. Burroughes, Esq., J. Birkett, Esq., A.
Keppell, Esq,, and after the usual loyal and constitu-
tional toasts ad been drank,
The CIIA.IRMAN proposed the toast of the evening—
" The health of Messrs. Peto and Warner." (Cheers.)
They are personally known to most of the meeting. One
of them, Mr. Peto, had steadily risen to his present po-
sition. His own hand had held the rudder of his fate
—his own stout heart had been the architect of his for-
lune. It was no light thing to have distanced all com-
petitors in the race, to have amassed a princely fortune,
—a fortune which ie now spent with princely liberality.
He was a dissenter but he was tolerant of all creeds.
He was amongst the ablest of a difficult and learned
profession, a profession in which he had made hundreds
of miles of railroads in this and foreign lands, which tes-
tify to his skill ; and thousands of labourers on those
railroads might date their moral improvement from the
time when they enlisted in his service. As their
e
sesentative in Parliament he had steadily
advocated
Liberal and progressive politics. His colleague Mr. Warner, had not less solid claims to their regard. colleague,
ing to the most unaffected demeanour of a thorough
gen-
tleman
the scholarship of a really learned man, and
dthe
knowledge of the world necessary to make his way
through it, he, like Mr. Peto, was tolerant of all creeds.
Though he differed from him, and was a churchman, his
toleration was equally extended.
Mr. Itro, on rising, was greeted with cheers. He said
—Gentlemen, I take this entertainment on your part as
a two fold testimony; in the first place that you approve
ofthe career of my colleague and myself; that our prin-
ciples are yots own; that you believe they are honestly and
fearlessly expressed on all occasions ; and that you look
at us simply as honest-minded intelligent public men,
who believe in the same truths with yourselves ; and,
in the second place, I take it as a protest against those
calumnies which you feel are most unworthily and
most unfortunately and dishonestly expressed with
respect to ourselves. Gentlemen, I must speak plainly.
I believe that at neither of the elections for the city of
Norwich when I have had the honour of being returned,
either by my opponents or my friends has one shilling
been spent at which any honest man need blush. And I
take it that you intend by your meeting to-night and by
your assembly to-morrow night to express to the world,
that while Norwich might blush for what has occurred
in former times, she throws back the calumny with scorn,
and asserts her independence and honesty. Gentlemen,
the last election was an appeal to you on public
principles. Lord Derby said his own opinions were un-
changed. He said it was for the people of England to
pronounce. They did pronounce their opinion, and
you pronounced yours by sending two anti-Derbyites
to the House of Commons. Many constituencies did
the same, and happily for England, Free-trade became
a fact, and I appeal to you to say whether the results
of Free-trade have not far exceeded all that the most
ardent admirers had hoped, and has put aside all the
fears that those who opposed it entertained. When Sir
Robert Peel spoke of its effects, he referred to the day
when the poor man, eating a large loaf in his humble
cottage would bless his name ; and he considered that
anticipation as the brightest forethought of his country's
future. But not only has the poor man occasion to bless
Sir Robert Peel's name, but the rich also, and the land-
owners must no longer feel afraid of plenty. (Applause.)
Free-trade has established as a fact and a truth, that
consumption ever treads bard upon the heels of supply.
What is the limit of the consumption of the poor man ?
His capacity to buy. What is the right of the poor
man ? To buy the necessaries of life as cheap as he can.
What is the effect of giving to the poor man his
natural right ? That he is satisfied with the govern-
ment under which he lives. The throne has a broader
basis, and all classes of society are bound together by a
stronger cementing tie. Property becomes more valu-
able, not only from the fact of former fears being dis-
pelled, but also from the fact, that property is on a
more secure basis, in the satisfaction of the poor man
in participating in the prosperity of the rich. Gentle-
men, we that are Liberal are supposed to be disloyal. I
say that the Liberal man is a Reformer, and the more
he is a Reformer, the more he is a Liberal, and in that
sense he is the more loyal man, because he is the friend
of the throne. He is endeavouring to base it deep in the
affections of a well satisfied and prosperous and happy
people. Well, gentlemen, I said to you that I believed
Sir Robert Peel is a name which this country will ever
bless, not only for his exertions in promoting Free-
trade, but this country owes him a second debt, for
training up certain men in opinions of his own, and in
practical governmental experience of his own ; and we
owe him a debt of gratitude for the fact of their associa-
tion in the present Ministry. I need only refer to a
few things now become patent, showing that during the
last session, there has been a greater amount of practi-
cal legislation, conferring a greater amount of benefit to
the subject, than in any previous session. I state as a
fact, that no government is good for this country that is
not in the first place a strong government ; and iu the
second place, possessed of men of business habits, of in-
telligent minds, of right-minded honest convictions, de-
termined to carry out those convictions. I felt that the
present Government merited my support, and I have
given it a hearty, and I trust, an intelligent, and inde-
pendent support. Let me point to one or two measures
of the present Government. Look to the Charitable
Trusts Bill. Those of you who are associated with the
legal profession must know the enormous sums it has
cost this country to dispense the enormous sums which
this country has a right to possess by way of charity.
We had something like 50 millions a-year, for which we
had not, up to the present time, any tribunal to which
you could apply, either for the proper distribution, or,
in the event of abuse, for correction. That has now been
accomplished. I might point to a second measure which
I believe, from my own peculiar knowledge of the sub-
ject, to be one of the greatest measures of the session—l
mean the Clergy Reserves Bill. I have been largely
concerned in Canadian affairs ; and I have extensive ac-
quaintance in that country ; and, I must say, that if
Lord Derby's Government had remained in office another
year, he would have lost that country. Instead of treat•
ing her as an independent connection, able to administer
her own affairs, and founding, both in Australia and
Canada two great Anglo-Saxon empires, we should, if we
had not granted the principle of self government, have
given America another state, instead of having a state
associated with ourselves. I will only refer to one other
measure—the Budget of the Chancellor of the Ex-
chequer. lam sure you must have been satisfied that
there was a large amount of good in the budget, to have
made you content with a seven year's imposition of the
income-tax. When you felt that in the succession duty
there was a virtual abandonment of all class-legislation
—when you felt that the riches of the rich man would
be touched as well as the necessaries of the poor man—
then you felt that legislation was proceeding on an honest
basis, and that you should bear the burden for a time
till the whole could be placed on a satisfactory footing.
Gentlemen, the financial legislation of Great Britain will
ever be its most important feature. We are essentially
a commercial people. We are not ashamed to be called
what Napoleon called us—a nation of shopkeepers. We
are essentially connected with commercial industry, and
dependent on its just development, and we cannot have
that development which gives wages to the poor man ;
employment to the manufacturer ; satisfaction to the
landed interest ; business to the man of business—unless
the finances of the State are held by a practical hand,
and true justice is administered equally and alike to all
classes. It is because this principle has been carried out
that you have felt content to bear that burden, and the
House of Lords, I must say, did most gracefully accept
the measure, believing that the people of England were
determined to have substantial justice, and the House of
Lords felt it right to accord it. One word as to the
foreign policy of the present Ministry, I do not hesitate
to say that I thoroughly approve of it. Lord John.
Russell's maxim of doing all that can be done to main-
tain an honourable peace before we go to war, commends
itself to my mind, and I believe you can only have an
honourable peace by being perfectly prepared for war.
You cannot in the present state of nations help those
enormous armaments, and while they exist, never let
us be ashamed to keep up a navy that will face the
world, and an army equal to all its antecedents. I hope
ardently and sincerely that the day will come when all
those will be only held in remembrance, but we must deal
with facts as we find them, and foreign nations as they
place themselves in juxtaposition with us. Always re-
collect, that while I desire peace, I shall ever assist her
Majesty's Government in maintaining all that is neces-
sary to go to war. Now, gentlemen, what are we pro-
misede and expecting in the next session ? If I maytak
as my text the speech of Sir James Graham, at Carlisle,
as the exponent of the Peel section of the Ministryv
shall have a hearty, thoroughgoing, searching, intelli-
gent reform. (Applause.) With nothing less than that
shall I ever be content, and to the full extent of that, be
assured, my colleague desires and wishes as much as I
do. With respect to this, look to the
future as to what we may expect ;
we cana only
whether I comend
to you again as one who has voted against her Majesty's
Ministers on some of the sections of the New Reform
Bill, or supported them, rest assured I will accept no-
thing on your part that I don't think equal to the neces-
sities of the nation. I think the Ministry are bound to
propose, not only what they_ wish, but what they can
carry. It is of no use for Ministers to propose what
will throw themselves out of office, and place the people
out of the reach of getting what they have a right to de-
mand. (Applause.) Therefore you must not be angry
if the New. .Reform Bill is not all you can desire. I
thought it right to say this in all honesty,because a
Ministry must consider what they can carry as well as
what they would like to propose. (Cheers.)
Mr. WARNER, in returning thanks, said—The great
struggle of last year between the advocates of reac- ,
tionary policy,
and a nation defending its rights, did not
but augur well for the cause of liberty when they saw
the conduct of the strife, and the tactics of the parties
who were engaged in it. On the one side all was
unanimity and friendship, good-will and forbearance
for the feelings and the shades of opinion which might
be entertained by others, and there was a determina-
tion to fight together for the good old cause, and
win it ; and on
infirmit the other side there was nothing i
but vacillation, y of purpose, and uncertainty
of aim—there was a Government without ability and.
without principle, which, by some
extraordinary means
had succeeded to power when no one had expected it,
who had taken the nation by surprise, who came in
putting nothing forward in
.their public policy, and af-
fecting to depend upon the will of the nation, but all the
time they evinced no feeling stronger, in every act, than
8, fears sad dreads and aistrußts and dislike of thS, gr_ot

Arrived the Washington steam-ship in 13 days from
New York, with 43 passengers. She has landed her
mails, and re nains to land the passengers and their lug-
gage to-morrow.
ROYAL CHARITY.—Her Majesty, on hearing of tha
distressing accident at the back of the Wight, sent 30/.
to the widow Wearn, for the relief of herself and chil-
dren. The Southampton and Isle of Wight Steam-boat
Company have, we hear, acted very liberally to the
family.