The Sun.
London, England, 1854-07-20 00:00:00

STRAND THEATRE•

Sole Lessee Mr. F. W. Aileron.
THIS EVENING, JITLY 20,
Will be performed THE MARBLE LOVER.
Followed by FAUST AND MARGUERITE.
Alter which, THE UNITED SERVICE OF FRANCE AND
ENGLAND, in which Miss Harriet Gordon will appear.
To conclude with FOR THE BENEFIT OF THE PLAYFUL
CROCODILE.
stalls, 45.; Boxes, 2s. 6d.; Pit, Is.; Gallery, 6d. ; Private Boxes
Al Is. to be had of Mr. Alleroft, 15, New Bond-street.

ASTLEY'S EUROPE'S NATIONAL AMPHITHEATRE.
Lessee and Manager, Mr. William Cooke.
PERFECT SUCCESS!
THIS EVENLNG, JuLy 20,
A Grand Historical Equestrian spectacle, called THE COSSACKS ;
or, 'Me la France.
After which, the inimitable Scenes in the CIRCLE, and Pre-
miere Equitation, including Miss Emily Cooke and Mr. Alfred Cooke.
LA PERCHE by the Brothers Francisco. The German Brothers
on the DOUBLE TRAPEZE.
The whole to conclude with Mr. W. T. Simpson's laughable
Burlesque, RUSSIA AGAINS r TIIRKEY NOW ON TRIAL.
Box-ottice open from Eleven till Foar. Stage Manager, Mr. W.
West.

ROYAL SURREY ZOOLOGICAL GARDENS.
Open for the Season.

Repetition of the Grand Union Fetes, under the Patronage of his
Excellency Count WALEWSK 1, the French Ambassador. In con-
sequence of the complete success of the above Fetes, they will be
repeated THIS EVENING, and also on Friday next.

The extraordinary display of FIREWORKS, by Southby, and
the arrangements of the DANCING PAVILION, having given the
greatest satisfaction, will also be repeated. The acclimations be-
stowed upon Mr. D. Godfrey's NEW MUSIC MELANGE, com-
posed by him for this occasion, descriptive of the Aldance of England
and France for the Defence of Turkey, stamp it as the most success-
ful Musical production of the day. The Unrivalled Band of the
Coldstream Guards, conducted by Mr. God,rey. Fall Quadrille
Band, &c. M.C., Mr. Flexmore. Concert at 7 t Ball d'Ete at half.
past 8 ; Fireworks at 19. Admission to the whole, Is.

HIGH WATER AT LONDON BRIDGE.
Tani DAT —Morning 7 min.after 10 I Evening 41 min.aft. 10
To•Mousow--Morning 15 min.after 11 1 Evening 0 min.aft. 0

THE WEATHER.--Strx Oman, JULY 20.
THERMOMETER, DS THE SHADE.
73—highest since noon yesterday.
60—lowest this morning and during the night.
71—this day, at noon.

.BAROMETXII, 30-18.
WIND, N.N.W. to N.E.—Light breeze, with sultry,
cloudy weather, and occasional sunshine.

tik• c.'-j.S4-
-•
7.274)g 3)S,Un
t

LONDON, THURSDAY, JULY 20, 1854.

A very logical, lucid, and chivalrous argument
in regard to the War, in allusion to the noble
sentiments of Lord LYNDHUR3r, and in reference
to the craven policy of Lord ABERDEEN, appears
in the new number of the Quarterly, recently pub-
lished. It is the old, old story all all over again,
as a matter of course : but the reviewer has con-
trived to infuse into it fresh interest, if not by
the bitterness of invective, by the tartness of sar-
casm—by the vigour of a sententious and epi-
grammatic style, if not by any great novelty or
liveliness of illustration. It is thus tersely
he reprobates at one moment " the bloodless
statecraft by which Russia has construed, with
Punic fraud, the treaties she has extorted with Scy-
thian violence"—and at another insiste that in abet-
ting Turkey, and in confronting Russia "we have
no necessity to re-create an Eastern CiESAR, but to
block out the inroads of a Northern ATTILA." In
referring to the inquiry sometimes advanced, and
almost always depreciatively as to the vitality of
the Turkish Empire, as to whether the Ottoman
realm can by any possibility maintain itself much
longer, intact and erect, in the presence of Christen-
dom, our contemporary awards a magnanimous
tribute of eulogium to the valour and genius re-
vealed by the Turks in the last great war of de-
fence against Russia, namely, during those famous
campaigns of 1828 and 1829, the narrative of
which has been recounted by Baron VON MOLTKE,
as is here finely and nobly said, " with a spirit
and precision unsurpassed by POLYBIUS." Mind-
ing to that " mischievous question which has
been the forts malorum" the Quarterly Reviewer
here remarks :—" Oue thing is clear, that the
vitality of states must be judged by the rallying
power they evince in the crisis of danger. Of
this
d. power Turkey has shown herself marvellously
Even in the war of 1828-29, when
Mahmud in his haughty refusal of the treaty of
London had lost all aid and sym thy from the
wag torn
Christian monarchies—when Greweceere
from his throne, when his fleets
at Navarino, when his armies of undieciplined
recruits seemed likely to replace with effect even
the turbulent valour of the janissaries—ittliise
startling to see the energy with which
country met the invasion of Russia—delayed her
march, baffled her generals, resisted her sieges,
wasted her forces, and, yielding at length, reco-
vered from pecuniary extortions that statesmen
prophesied would leave her bankrupt, maintained
the national spirit—the proud desire of redemp-
tion ; and rose with as superb a crest as if never
bowed at Adrianople, against the first renewed
aggressions of her gigantic foe—undaunted at the
moment when her present allies seemed about to
desert her, and the statesmen of France and
England urged her to accept the peace which
would have signed away her independence."
These words are words of very lofty panegyric,
but the world is their witness that they are
eminently deserved and without the faintest
blemish of exaggeration. As the reviewer observes
further on, " Our course [in regard to the result
of the war] is as clear to wisdom as it is to honour."
• ' • "We find a power already established
in Turkey, with ancestral attributes of national
integrity and independence that power, under
very adverse circumstance; has shown a courage
and temper to assist the object of civilised Europe
in maintaining its owe stronghold against the
progress of Russian ambition." "This
power, then,, it is our business to. confirm. and
strengthen." As the writer in the Quarterly has
said before that, when speaking of the alarm
caused by the deplorable, and let us `say the dis-
graceful words uttered a month ago the H ouse
of Ler& (on the 19th of June) b th-
Iy Prime

' Minister of England, " War did not frighten us—
Peace did." "We were not alarmed for Lord
RAGLAN and Admiral NAPIER—aII our apprehen-
sion centred itself in Lord —A T<BRDEEN." Our
apprehension, that is to say, lest the status quo
ante bellum were really after all to be accepted as
the necessary basis of the pacification, whether
Turkey were to be still left in peril from the
perpetual possibility of Russian encroachments,
or whether the ravaged provinces of Moldo-
Wallachia were still to be awarded to the
SULTAN as nominal suzeraine, but to the CZAR
as actual Lord Paramount. The First Minister
of the Crown of England, about the time which
we have already particularised, had the extraor-
dinary cowardice, and yet, at the same time, the
extraordinary daring, to avow his belief that it
would be " unwise to lay down conditions" for a
Peace with Russia, seeing that Peace, he argued,
would be dependent upon the casualties of the
campaign, upon the alternative, say, of the Allies
taking St. Petersburg, or the AUTOCRAT tak-
ing Constantinople. Upon that base and most
despicable avowal from the lips of the English
Premier, the Quarterly observes—the words are
worthy of particular note—" If we could force our
own terms on the CZAR at St. Petersburg, at the
mouth of our cannon, we should be sorry to ask
more than would effectually secure the cause for
which we have taken up our arms. If we found
the CZAR holding his council within the walls of
the Seraglio, we should blush for England if it
accepted less." Language like this is worthy of
every true-hearted, magnanimous, and chivalric
Englishman ! Words that will find an echo in
every corner of the land to which they may pene-
trate ! Yes, the Quarterly is right. The war
undertaken against Russia by France and Eng-
land is not a war of conquest or a war of ambi-
tion—and therefore the terms of peace would not
be appreciably altered by the capture or destruc-
tion of St. Petersburg. The Allies of Turkey
are not calculated to be so very seriously
affected by the casualty of a Russian defeat, or
the accident of a Russian victory, that they could
consent to modify the clauses of the final treaty
of pacification. With the keenness of this tren-
chant and two-edged retort, the Quarterly re-
viewer has severed the little, fumbled-up knot of
casuistry, twisted by the tremulous hand of the
Prime Minister, in defiance of its unravelment.
Altogether, the argument from which we have
here quoted, and to which we would thus direct the
attention of the public the more pointedly, is one,
to our thinking, so noble in its sentiments, so
clear in its arrangement, so irresistible in its con-
clusions, as we have said before, so logical, and
lucid, and chivalrous, that it reflects honour at
once upon the ability and upon the patriotism of
our contemporary.

We should scarcely feel surprised if, at the pre-
sent moment, " the state of the weather" consti-
tuted the chief subject of discussion, not only
amongst agriculturists, but of all classes. Eng-
lishmen have often been ridiculed for making it
their ordinary topic of conversation, but it has
assumed a peculiar importance which more than
justifies the selection. On the continuance of
fine weather for some five or six weeks will mainly
depend the prospects of the approaching harvest,
and, as a natural consequence, prices of food, and
the comparative comfort of the working popula-
tion of the country during the ensuing winter.
An old proverb declares that " a bushel of March
dust is worth a King's ransom." It is even more
important this time, when the continuance of
unseasonable weather for several weeks led to
serious apprehensions for the cereal and other
crops. Fortunately they had not sustained any
actual deterioration, and if ST. SwITHIN fulfils
his promises, if the auspicious auguries afforded
by the bright sunshine of Saturday be realised,
we may look forward confidently to cheap and
abundant markets—to the large loaf, with enough
and to spare for all.
It is not only in the United Kingdom that
these cheering prospects are perceptible. All
through the European Continent and among our
trans-Atlantic brethren the same goodly promise
is held forth. We need not dread active compe-
tition in our markets, nor the exportation of the
breadstuffs so urgently required for the wants and
exigencies of our own people. Should we require
any assistance from other quarters beyond those
usually obtained therefrom, they are easily obtain-
able, so that we need not dread any deficiency in
consequence of the withdrawal of supplies from
Odessa and other Russian ports. In Mark-lane
there has been a general fall in the quotations ;
and as it is we are told that " prices are merely
nominal, inasmuch as the millers and other dealers
decline increasing their stocks until the appearance
of the new crops in the market, and that the
offers were 30 much below the prices lately cur-
rent that the factors could not make up their
minds to accept the same." We thus find that
the e.itimate of those best qualified to arrive at a
sound conclusion is altogether in favour of an
ample supply, and a material falling off in prices.
Should these anticipations be verified, we may
look for very important results. The first will
probably be a less earnest demand for money, I
and a diminution in the rate of interest
demanded. The cheapness of all the ne-
cessaries of life will require a lower amount
of money for the transactions of every-day life.
Much gold now in circulation, from our absurd
and impolitic prohibition of small notes, will be
released, and will therefore find its way into the
Bank coffers. The Old Lady herself will be com-
pelled, for very shame sake, to relax the screw,
or, as MONTAGUE TIGG might exclaim, to "dis-
pense with one half-quarter of ounce in weighing
out the pound of flesh." Additional notes will,
as a matter of course, be issued against the gold
thus accumulated, and employment must be found
therefor, and if 5 per cent, will not be paid for
the pecuniary accommodation, it must be granted
at 5, or 4, or possibly 3i per cent. This will
send up the quotations not only of the Funds but
of all other securities, and the Bears will receive
another severe but salutary lesson of the dangers
of the course which they have so earnestly, but
so recklessly and incautiously, pursued. Nor will
these be the only good effects of productive crops.
Every branch of industry will receive a de-
cided impetus, for the capitalists will not be
enabled to bear off "the lion's share of the
profits" when money can be obtained on reasonable
terms, so as to allow fair remunerations to those
who undergo all the risk, toil, and anxiety in the
creation and production of wealth.

Our readers will perceive that the foregoing
observations have been offered in accordance with
the present condition of the monetary code. The
blessings we have indicated might in a great de.
gree be obtained—although much, under any
circumstances, will depend on the state of the har-
vests all over the world, or at least in the nations
with which we have been in the habit of dealing
by a judicious modification of our monetary code.
For all domestic purposes, a one pound national
but would
note
ing to a
would be not merely as useful as a sovereign,
would be no wear and ertain-
Possess many advantages not a
dimi-
nution of weight, tear,loss no
metallic currency. For instance,') them
at-
tended with any actual
nor would its destruction Le injury from dir,ni-
Th *-
e experience of
the sister kingdoms prov .
es that it would speedily,
when existing prejudices had Worn away, be even
more acceptable than e.old.
Ireland sovereigns t' in Scotland and
ral use. If an
are seldom seen •
y dealer
ceives them, he forthwith
re-
full weight, so that there•
deduc-
tion, into the bank with whichh
count ; and we have known ma • in gene-
seer
("tradesman n s them, if of
will be
e keeps
DO
his ac-
change for a sovereign was refused when it
readily be given for a one pound note of would
a bank good credit. . Why, hy, then, should not somel
attempt be made to obtain even an instalmentof
monetary reform, to obtain the legislative sanc-
tion to the issue of small notes by the Bank of
England and other joint stock and private banks ?
The charter must be dealt with next year ; and it
would, even if no other pressing necessity existed
for the change, be right to pave the way for the
alteration in the circulating medium that is in-
evitable. But when we consider the enormous
burdens that, have been added during the present
session to charges which were previously suffi- 1