The Sun.
London, England, 1822-02-18 00:00:00

SMITHFIELD MARKET, FEB." 18.

There was a large stock of all descriptions of Cattle at ma..
ket this morning, amongst which were a great quantity of in.
ferior, and the prices are lower thaw last market-day. The price
of flay remains the same.
Becf 2s 8d to 3:s 101 I Veal
Mutton 2s ad to 3s 10.1 I Pork

COMMERCIAL REPORT,
FROM T 111: 11T11 TO THE 16TH O} FEB. 1822.

Yellow Candle Tallow of first quality remains at the same
price as on the date of our last exposition, say 583. The
great discrepancy which had previously existed with re-
ference to the lower sorts has claimed much attention, and
iioaps have improred in value ; Atchangels 48s. ;
495. ed. • Peteisburgs 475. ; speculators have also been
on the alert in. purchasing St. Petersburgh Yellow Candle
Tallow, to b,, shipped in the ensuing months of June and
July, at 48s. per cwt. duty paid, and 425. in bond ; the
importers are unwilling to effect salt:s except upon the fat,
ter point, in consequence of the agitation of an augmented
duty, which has, however, subsided since the Debate of
last night ; and prices to-day are full Is. per cwt. below
these pries.—Foreign Coffee remains without alteration, but
the better qualities of Plantation are again rather higher; Mid-
dling and Good Middling Jamaica 1255. to 1345. At a sale of
New Carolina Rice 355. to 375. per cwt. was obtained.—Rums
have been in more request, and holders 'generally will not
accept former prices ; indeed, this is the case with all sorts
of Spices, as well as Cotton ; and, generally, the predictions
which we have presented to public notice, with reference to
commercial operations, are daily unfolding themselves. The
tremendous effectsproduced by a return to the metallic currency;
in depreciating the value of all produce, are daily diminishing,
and already we have the harbinger of better times. That the
year 1822 will be as distinguished for the confirmation of this
sentiment as its precursor was for a contrary result, there is
every ground for anticipating—the discussions last night in the
House of Commons afford every proof.

THE LONDON JOURNALS•

IGXTRACTS FROM 'mg DAILY MORNING PAPERS,
February 13, 18'22.

[MORNING POST.]
The return to Cash Payments, to which so
mach of the present distress is attributed, is a
very intricate question ; but the passing. Mr.
Peel's Bills, and then repealing them, are two
quite different things. The return to payments
in cash was perhaps made with too much haste,
when once determined upon ; but it must be re-
membered, that it was the favourite measure of
Opposition, and had been so for years ; Mini-
sters were goaded into it, and are not to be par-
ticularly blamed ; some of the very men who
complain of the consequence of the Bills were
the causes of them. The late transaction with
the Bankers, which Ministers have half allowed
and half denied, elucidates this matter better
than any thing else, as it shews at once that se-
curity for borrowing is what is wanting, and not
money where securities exist. The return to
cash payments, perhaps, occasioned the reduc-
tion in value of agricultural produce ; but that is
very uncertain, for, in .181 5, when Mr. Peel's
Bills had not been thought of, the value was low
and the distress great. At all events, a repeal
of the Bills would be a terrible error, and in-
deed is not deserving a moment's serious atten-
tion.

[NEW TIMES.]
The clear, and candid statements of Lord Lon..
dunderry have satisfied the nation that while
some Members of Opposition-have been running
about to public meetings, shaking hands with
Cobbett, seconding his motions for Reform, and
joining in the senseless clamour against Taxation
and te Fundholders, his Majesty's Ministers
have been silently and calmly investigating- the
true state of all the national interests, pursuing
economy through all its practicable details, and
framing a cautious plan for relieving the distress
of Agriculture by the sure, though slow opera-
tion of Public Credit.—Nothing so easy, nothing
so sweeping, nothing so radical, as Quackery.
Lop off. Ten Millions of Taxes l—Spunge out a
Third part of the National Debt !—Brush away
the cobweb system of a Sinking Fund !—Such are
the remedies of the ignorant or violent practition-
ers in political science, regardless of the utter
confusion which such -measures must create,
of the terrible re-action which they must pro-
duce, and of the irretrievable ruin to which
they must eventually lead. The true statesman
approaches a great national difficulty with far
other sentiments; Strongly impressed with feel-
ings of humanity toward the actual sufferers, his
greatest dread is lest, in a rash attempt to benefit
them, he should only add to their misfortunes :
and his chief hope is to relieve them through the
medium of a common prosperity to the whole
country.—Mr. Brougham concluded his speech,
on. Friday by an earnest appeal to the Country
Gentlemen. We have the highest respect for
that valuable class of society ; and we readily
join in " invoking the wisdom of Heaven to
guide them ;" but it, is not only to them that we
address our present observations. The whole
country is interested in the question before Par-
liament;. and on the whole country we call, to
pass a fair judgment on what Ministers propose
to do, what they are dbing, and what they have
aiready dope.

[THE TIMES.]
Lord Londonderry's speech of Friday night
presents one of the most singular specimens of
eloquence ever heard within the walls of the
House of Commons, or read out of them.:—
" Principles of relief vivifying and fructifying."
" A. country making new strides, and taking
" fresh dimensions of prosperity." " The pro-
" 'posal to repeal taxes to a great extent went to
" contradict the great causes of nature." " It
" was delusive and dangerous to say that dis-
" tress arose from taxation, and not from Pro-
" vidence and the great principles of nature."
And " there was no distress in this country that
" could not be removed by a due application of
" the principles of resurrection." These and.
many other expressions excited bursts of laugh-
ter; so that if the subject itself was painful in
as extraordinary degree, the manner in which
it was treated by his Lordship excited much
merriment. But to, go to the matter itself
of the speech : his- Lordship spoke of " re-
sults" only, and did not ever much into the
previdus steps by which he obtained them. One
of his•results, and that not the least singular, was
this—'"-He placed the result of the taxes upon a
" farmer, considered both as a consumer and
" grower, at one-seventh of his rent !!" What
could be meant by such a proposition as this ? What
taxes .his Lordship meant to exclude from, and
what to'comprise in, this calculation, we are at a
loss to conceive. We can, however, say with
great certainty, that if a British farmer, " cousi-
deyed both as a consumer and grower," is now
only taxed: up to one-seventh, or; as was subse-
quently assumed, up to one-fifth of his rent, he
is
.of all the men in England the least taxed, and
should therefore be the last to apply for relief.—
Surely his Lordship must have meant, instead of
the farmer's being taxed up to one-fifth of his
rent, -that he was taxed up to two rents and
a half.—Thus; little good being likely to be
prodticed. by a repeal of taxes, and a repeal of
taxes being only to be effected by a reduction of
ex'pences, it follows of course that there is
little or no.use in diminishing the army and navy,
or in effectuating any retrenchment whatever;
yet we are told theta saving is to be made in.the
army, navy, and miscellaneous service, to the
amount of near two millions. Let us calculate
the effect to be produced by this relief upon a scale
-which his Lordahip himself assumes. He says, that
if 4-6:millions of taxes 'were repealed, the relief to
the farmer would not amount to 5 per cent. upon
hitlandlord's rent; so that the repeal of 2 millions
would only produce relief to the amount of 125.6 d.
for every hundred, pounds of rent. It being pre-
viously determined by Ministers not to reduce
the expenditure, or to reduce it as little as pos-
siblai, it then becomes their duty to prove that
no relief could be produced• by the reduction.
But is it not painful to observe, that whilst the
•

Army and (above ail) the Navy are to be re-
duced, no diminution whatever is proposed in the
exorbitant expences of the Civil List, or in any
of the other civil establishments of the country ?

[BRITISH PRESS.]
The plan for the relief of the agriculturists—
the elaborate device to which the Ministers from
the first night of the meeting of Parliament have
been constantly directing public attention, has
been at length communicated. We will not
exult over the sufferings of the poor farmers, by
pretending to- congratulate them upon the result.
The great landlords are in Parliament, and if
they cam wallow the plan, we sincerely hope that

they alone will feel its necessary consequences. I
What is the plan ? To what part of Lord Lon-
donderry's speech shall we look for the promised
relief ? Not, certainly, to the project of trans-
ferring the capital of the five per cents. into the
three per cents. ; for even were this plan feasible
to the extent proposed by the Noble Secretary,
the operation is one of doubtful result, and which
mush be spread over a considerable number of
years. The proposed loan of four millions to
such parishes as may ask for a share of it, pledg-
ing their rates as a security, cannot, by any pos-
sibility, give relief to- the agriculturists strug-
gling in their individual capacities againit the
severity of fortune. And what shall he said of
the reduction of one shilling a bushel in the war
malt duty ? The people have looked for a far
more extensive repeal of taxes ; and from the
temper and tone of mind displayed at the nu-
merous meetings which have taken place through-
out the kingdom, we may confidently say that
they will not be satisfied with so paltry a con-
cession as this of 1,500,0001. As a mean of
relief it is quite futile ; and indeed it is remark-
able, that when the boon was announced by
Lord Londonderry in the House of Commons, it
did not produce one solitary cheer, even from his
own side of the House.

[MORNING CHRONICLE.]
Many of the disputes by which, from time to
time, the world has been agitated, have origi-
nated in the opposite significations attached by
different men to the same terms ; and it often
happens that a correct definition puts an end to
a fierce and obstinate controversy. This obser-
vation is drawn from, us by the appeal which
has been made by Lord Londonderry and the
other enemies of reduction and retrenchment
on the one hand, and the advocates of re-
duction and retrenchment on the other hand,
to the principles of political economy.
Lord Londonderry had these words perpe-
tually in his mouth, and he tauntingly told
the farmer, if he knew but the first principle of
political economy, he would look for relief to
any thing rather than the repeal of taxes. Na-
ture and Providence, said the Noble Lord, had
thought fit to visit him with a heavy punishment,
and in the laws of nature only could he find his
relief and hope.. The farmer, in his turn, does
not see that political economy imposes on him
the belief of a necessary connection between
the laws of nature, and an expenditure be-
b and what the due discharge of the public
business of the country demands, and he more
than suspects that to the excessive amount
of wasteful and unnecessary expenditure, his
distress is in a great measure to be ascribed.—
He neither believes that the laws of nature call
on him to support pensioners and sinecurists, nor
that his situation would not be better if he were
not obliged to support them. Mr. Mill, the able
Historian of British India,in his Elements of Politi-
cal Economy, an admirable little work, the reading
of which would hardly occupy as much time as
his Lordship's four hours' speech, commences by
observing, that" Political Economy is to the state,
what domestic economy is to the family." This is
not, perhaps, the manner in which his Lordship
would commence a work on Political Economy,
should he ever take it into his head to write one.
However, assuming for the present the correctness
of Mr. Mill's proposition (and we suspect it will be
found that he is somewhat better acquainted with
these matters than his Lordship), how, we ask,
would the case stand with a family, according to
the respective views of his Lordship and the
advocates for retrenchment ? In the case of a
family, we find it by no means a matter of indiffer-
ence whether all the hands are busied, or whether a
proportion of them are idle, andproducing nothing
to the common stock. Let us suppose there are two
farmers, with ten persons to maintain each, that
the one employs all the ten in adding in various
ways to the supply of the family, while the other
employs only six, and allows the remaining four
to be idle consumers—is it not obvious that the
former will be much better in his circumstances
than the latter ? The application of this instance
to a State with heavy establishments of pen-
sioners, sinecurists, and other useless personages,
is obvious enough.

FROM THE LONDON GAZETTE, FEB.

WIIITEHALL, FEB. 15, 1822.
•
The King has been pleased to grant to Christopher Hodgson,
of Parliament-street, Westminster, Esq., the office of Secre-
tary to the Governors of the Bounty of Queen Ann, for the
augmentation of the maintenance of the Poor Clergy.

CROWN OFFICE, FEB. 11.
ME MBERS returned to serve in this present Parliament.
Borough of Higham Ferrers—The Right Hon. H. C. Phipps,.
commonly called Viscount Normanby, in the room of W.
Plumer, Esq., deceased.
University of Oxford—The Right
Hon. R. Peel, of Christ-
church, D. C. L.
Borough of Great Bedwin—The Right Honourable Sir J.
Nichol], Lint.
Borough and Parish of Buckingham—The Right Hon. IV
Fremantle.

WAR. Orricr, FEIT. 15.
sth Regiment of Dragoon Guards—Captain T. Whaler, from
the 16th Light Dragoons, to be Captain, vice Byrom, who ex-
changes.
7th Ditto—Lieut. J. C. Farmer from the 91st Foot, to be
Captain, by purchase, vice Lovewell, who retires.
6th Regiment of Dragoons—Lieut. R. Warrand, from the
half pay of the 22d Light Dragoons, to be Lieutenant, vice A.
S. Willett, who exchanges, receiving the difference.
16th Regiment of Light Dragoons—Captain A. J. Byrom,
from the sth Dragoon Guards, to be Captain, vice Wheler, who
exchanges.
6th Regiment of Foot--Gentleman Cadet R. Milner, from
the Royal Military College. to be Ensign, by purchase, vice
(hey, promoted in the 33d -Foot.
Nth Ditto—Brevet Lieut.-Colonel H. Bird, from half pay
87th Foot, to be Major, vice Thorne, whose appointment has

not taken place; Lieut. T. Deacon, from the 73d Foot, to be
Lieutenant, vice Hamilton, who exchanges.
17th Ditto—G. W. Story, Gentleman, to be Ensign, without
'purchase, vice Moncrieff, whose appointment has not taken
place.
20th Ditto—Lieut. F. Croad, from half pay 66th Foot, to
be Lieutenant (paying the diff4-ence), vice Hemmans, appoint-
' ed'to the 78th Foot..

33d Ditto—Ensign M. R. Grey, from the 6th Foot, to be
Lieutenant, by purchase, vice Lord S. Kerr, promoted in the
sth Foot.

36th Ditto—Brevet Major W. Campbell to be Major, by
purchase, vice Swain, who retires.
54th Ditto—Ensign G. IV. Malim, from half pay 58th Foot,
to be Ensign, vice G. Campbell, who exchanges.
56th Ditto-11. W. Barclay, Gent, to be Ensign, by pur-
chase, vice Ouseley, promoted.
57th Ditto—Lieut. J. G. Le 3iarchant, from half pay 10th
Foot, to be Lieutenant, vice G. Francis, who exchanges, re-
ceiving the difference.,
73d Ditto—Capt. W. Kenny to be Major, by purchase, vice
Humphrey, promoted; Lieut. P. Hay to be Captain, by pur-
chase, vice Kenny ; Lieut. A. D. Hamilton, from the 16th
Foot, to be Lieutenant, vice Deacon, who exchanges ; and En-
sign G. H. Smith, to be ditto, by purchase, vice hay. Gentle-
man Cadet W. Stewart, from the Royal Military College, to
be Ensign, by purchase, vice Smith. Ensign W. L. Russell,
to be Adjutant, vice Hay, promoted.
77th Ditto—Lieut. E. Jones to be Captain, without purchase,
vice Aveling deceased ; Ensign F. H. Byrne to be Lieutenant,
vice Jones.

78th Ditto—Lieut. T. H. Hemmans, from the 20th Foot, to
be Lieutenant, vice 31‘Rae, who retires upon half pay 66th
Foot, receiving the difference.
93d Ditto—Lieut.-General Sir T. Hislop, Bart. and G.C.B.
to be Colonel, vice General Wemyss deceased.
Rifle Brigade—Lieutenant 11. J. Brownrigg, from half pay of
the regiment, to be First Lieutenant, vice J. Reynolds, who
,exchanges.
Ist Ceylon Regiment—Lieutenant T. B. Gascoyne, from
the 83d Foot, to be Captain, by purchase, vice Page, who re-.
tires.

Unattached.—Major G. Humphry, from the 73d Foot, to be
Lieut.-Colonel, by purchase, vice lion. A. Abercromby, who
retires from the service, receiving the value of an unattached
Lieut.-Colonelcy of Infantry.