The Sun.
London, England, 1838-07-28 00:00:00

entire argument, his whole plan, was founded on tins monstrous asser-
tion, that the rated palile and the real value arc one and the same thing.

This was his assertion. There is not one man, one woman, nor one
child in broad England, who does not know the assertion was totally un.
true; who does not know that the rated value and the real value, are
by law, as well as in fact, essentially and widely different.
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board, as the absolute criterion for the franchise. Lord Lyndhurst's
plan ADMITS that the rated value is less than the real, and accordingly,
in the ten pound franchise which he seeks to establish, he gives credit
for two of the items that naturally, and indeed necessarily, distinguish
the rated from the real value; and by that means he brings the one nearer
to the other than Peel's plan would do.
The items which Lord Lyndhurst gives credit, in diminution cf the
rated value, are—first, the amount of annual insurance; and, secondly,
the amount of annual repairs. The great objection to these credits, is
the very uncertain and varying nature of the sum to be allowed for each.
Nothing, for example, can well be more liable to false and erroneous
calculation, than the annual amount of the insurance; as the amount
must depend upon a calculation of the sum that would be necessary to
rebuild the house, in case it were consumed by fire. And it is probable
that if one hundred surveyors were separately to make such calculation,
no two of them would precisely agree. But the second item is still more
uncertain, because it depends upon an estimate of the amount of annual
repairs of the house; an estimate depending upon the good, bad, or in.
different quality of the materials of which the house is composed—of
the length of time the house is built, and the progress of decay—in short,
a quantity which may almost as well be decided by throwing out dice, as
calling in surveyors.
[The conclusion of this important letter will be given in our next.] 1

IMPORTANT TITHE MEETING.—A requisition signed by Dr. M'Hale,
and a large number of the magistracy and clergy of Mayo, has just been
published, calling upon the High Sheriff to convene a county meeting,
to petition for a total abolition of tithes.
A niece of the celebrated Sir Andrew Agnew has taken the veil in a
convent in Cork last week, having been converted to Catholicism.

SPORTING INTELLIGENCE.

LANCASTER RACES.-IVEDNESDAr.

Sweepstakes of 20 sovs. each, with 20 added from the Fund ; for
two years old; colts, Sst, 51b; fillies, Bst. 21b. A winner once
to carry 3lbs., twice, 3lbs extra. If walked over, the added
money will be withdrawn. T. Y.C.
No race.

A Gold Cup or Piece of Plate, by Subscription of 10 sovs. each,
p.p., with 50 sovs.-added ; three yrs old, ist ; four yrs, Bst.
slb ; five yrs, Bst. 121 b ; six yrs and aged, 9st. 21b. Mares and
geldings allowed 31bs. A winner of a not handicapped Cup or
Queen's Plate in 1838, slbs ; of two, "jibs. extra. TWO miles
and a distance.
Lord Eglinton's St. Martin, 3 yrs
Mr. Barrow's Catharina, aged
2tol on St. Martin. Won easy.
Maiden Plate of 501., the gift of his Grace the Duke of Hamilton
and Brandon, for horses that never won 501. at one time ; three
yrs old, 6st. 101 b ; four yrs, I.3st ; five yrs, Bst. 71b ; six yrs and
aged, Bst. 111 b. Mares and geldings allowed 31bs. Two mile
heats.
Mr. King's Vernal, 3 yrs Thompson 1 2 1
Mr. Arrowsmith's Orcus, 3 yrs
Mr. Clifford's Lady Blessington, 5 yrs 3 3 dr
General Sharpe's Baronet, 3 yrs 4 dr
A well contested race.

—Oates

DUDLEY, TIPTON, AND WEST BROMWICH

BA CE S.-TVEDNESDAY.

The Dudley Stakes of 5 sovs. each, with 30 added, heats, two
miles (7 Subs. ), were won in two heats by Mr. Speed's gr. g.
Isaac, aged (Darling), beating Mr. Foley na. b. g. St. Peter,
aged.
The Horsley Stakes of 5 sovs. each, with 10 added, mile and a
half (4 Subscribers), were won by Mr. Fowler's ch. c. Bilboa,
beating Mr. Moss's bl. c. Ascanius, and Captain Lamb's Warwick-
shire Lad.

The Worcestershire Stakes, of 5 sors. each, with 25 added,
heats, two miles (5 Subscribers), were won in two heats by Mr.
Foley na. b. s. Frailty, beating Mr. Williams's b. c. Goshawk, by
Falcon.