The Sun.
London, England, 1822-04-17 00:00:00

CITY, TUESDAY EVENING.

The Consols for the May account opened this morning at 78i
a and during the greatest part of the day there was a great
gloom amongst the speculators, occasioned by several extensive
sales made by some eminent Brokers. These operations produced
some depression, and prices were at one time 78;i a 4. Towards
the close of the market, however, there was a rapid improve-
ment, and the last price was the same as the opening one. For
this change several reasons were adduced. Some reports said that
Ministers had received dispatches from Lard STRAI,TOPOIM,
stating that the Porte had yielded tohis Lordship's remonstrances
of the 9th March, and that all difficulties in the way of peace had
consequently been removed. This rumour, however, is en-
titled to little credit. These dispatches are stated to have been
dated on the 16th of March, at Constantinople. A letter cer-
tainly has been received from Vienna, dated the 4th April,
the writer of which expresses his helef that the negociations
were going on favourably. At Vienna and Constantinople,
however, as little was publicly known as at London or Paris.
Gentlemen who know the Turkish character do not think that
Mahometans are likely to alter their first decisions, unless
some powerful argument, such as necessity,be applied to them.
Turkish pride is not to be subdued by Christian humility.—
It was lately mentioned in the Morning Chronicle, and it may
he now repeated, that there is at present at Deptfoid a very
fine Turkish frigate, of 40 guns, which has just been fitted
out in one of his 111ajesty's docks. She has been there cop-
pered to the wales, been newly rigged, and completely over-
hauled. Some Gentlemen ask at whose expence this is done ?
and others think it rather inconsistent with the declared neu-
trality towards the Greeks, whom, if England be unable to as-
sist, she ought not at all events to injure. Farther accounts of
a disagreeable nature have again this morning been received
from Suffolk. Numerous failures amongst the -Farmers are an-
nounced, and their distress is increased by the nightly burning
and destruction of their property. One day last week, the mail
coach in passing down the County observed seventeen fires.—
Letters - from Scotland bring theinformation that a consider-
able Banking establishment has suspended its payments in that
country.—The West India market continues much depressed.
Some sales of Rum have been effected at Id. a 2d. per gallon
decline. In Coffbe not',-Aing is doing—buyers waiting for a
public sale to-morrow of 20,000 bags, by the East IndiaCorn-
pany. Fine Sugar is as dear, but brown is Is. a 2s. lower._
oncy is rather more plentiful. In the price of Silver there is
no alteration, and the Foreign Exchanges are nearly the same
as on the last post day.—(Morning Chronicle.)

REFLECTIONS CAUSED BY THE REPORTS OF
THE AGRICULTURAL COMMITTEE.

( Prom the Maidstone Journal.)
If there were any doubt in the minds of men of sense and
honesty, on reading the first Report of the Agricultural Com-
mittee, that our Corn Laws are grafted on a false an:i ruinous
principle, surely by the second Report those doubts must be re-
moved. Their affinity is strong, Inasmuch as both are incon-
sistent and contradictory, defending the existing system,. yet ac-
knowledging it to be bad, and, in spirit and meaning, advising
a change to a system founded on restrictive duties.
Principles, right in themselves, must be right at all times ;
and, whether in private life or in government, (all being fal-
lible) they are the most wise and honest who, finding them-
selves in error, shall retrograde the soonest.
It is most surprising that Government should take no steps
to ascertain the produce of our own soil, and to compare it with
the demand,—the very foundation by which to judge whether
importation is at all required, and, if so, to what extent ; for,
if we grow our supply, (which is the received opinion) it must
incontestibly be admitted, that foreign corn, introduced under
what laws or shape soever, must be injustice to the English
farmer, as preventing our own growth from finding its regular
and fair price in our own markets, and increasing the evil by
adding the surplus to the succeeding harvest.
The population is known by the late census. It is simple
and easy to ascertain the number of acres sown with wheat and
every other grain, and also with potatoes. Let this be done the
latter end of summer, when an abundant or deficient harvest
might be appreciated. Three quarters of wheat per acre is
generally supposed (taking all soils) to be the average growth,
and that each individual (infant and adult) consumes about one
quarter annually, or what is equal to it. The quantity of other
grain and pulse consumed instead of wheat, would probably be
ample allowance for seeding the next crop. If these data may
not be supposed correct, doubtless the Board of Agriculture
could amend them so as to effect with sufficient accuracy the
main purpose intended.
As matters now stand, the mass of foreign corn in out poi's
no one any good, (at least ought not)but is a great cause
of our grievance. It prevents that wholesome spirit of specu-
lation of British Capital in British Corn, which heretofore never
failed to carry the redundancy of present markets to the deli-,
ciency of future, and thereby kept that steady course whereby
all parties could see their way and make rational calculations.
It is astonishing to think that there should at this time be
nearly 900,000 quarters of foreign grain •and flour under the
King's lock. It is a perishable commodity, and surely, front
the great length of time that much of it has been warehoused,
it must suffer greatly in quality, and where is the prospect to
the holders of its being, brought fairly to market ? Their only
hope must be a great deficiency in our home supply, and the
necessity of that supply coming to market, so as to enable a
powerful combination at the latter end of the year to mono-
polize and raise the market to the import price. What can we
contemplate more destructive to the honest and patient exer-
tions of the English farmer !
It is also material to consider how far indemnity should be
given to the owners of bonded corn, even in case the corn laws
should be altered. I cannot see any strong claim they have :
their speculations have been voluntary, and the chances of
gain, under existing circumstances, are greatly against them-
It is in fact a dilemma occasioned by the adoption of a bad
system.
I am not one who think that high prices can be expected, or
who wish them, but I firmly believe that so long as the present
system exists, the depression in the price of corn below its fair
level, is, and will be, more than can be alleviated by all that
the Ministers can effect in reduction of taxes, and the landlord
by reduction of rents.
It is terrible to contemplate that in future time a dearth
might happen when a large portion of our land is thrown out
of cultivation, and we might look in vain to other parts of Eu-
rope for supply, they, perhaps, being affected by the same vi-
sitation of Providence. It is the true policy of all States to en-
courage as much as possible the raising of its own supplies-
All I have now to observe is, that I have written this free from
all base and sinister motives ; if I am wrong, it is only an
error of judgment, and I trust I shall have done no • harm.
Most earnestly do I hope that Government will adopt such
wise and salutary decisions as will ameliorate and ward off die
evils so generally felt and feared. We are all links of a chain-
in which the union of interests' should be preserved.
MAIDSTONE.

*** For SYDNEY, Letter IV., see the Fourth Page,

PRICE OF STOCKS
. • THIS DAY AT ONE. O'CLOCK.
Bank Stock ,.. Ua..l
2411 242 Imp. 3 per Cents , i 4
3 per Cent. Red. 77 India Stock
3 per Cent. Cons.: 7Bni India Bonds 625. 64g•
33 per Cent.
f Old (..,4h13 Ohl :_nnuities 77t
4 per Cent.
( New Excheq. Bills 5 6 4 pr•
5 per Cent. Navy Ann. lO2ka Cons. for Account 78i ./:
Bank Long Ann. 19a 11_161hs

HIGH WATER AT LONDON BRIDGE lid: MORROW-
Morning, 0 minutes after 10. 1 Evening, 24 minutes after 10•

THE SUN.

SOLEM QUIS DICERE FALSUM AUDEAT ?

LONDON,
WEDNESDAY, APRIL 17, 182-2.

The Paris Papers of Sunday, which arrived
this morning, contain intelligence from Constan-
tinople via Semlin to the 20th of March, of a
very warlike character, and leaving little hope
of peace. Besides the concentration of the
Turkish armies, the march of reinforcements to

their forces on the Danube, and the other prepa-
rations for war, mentioned in our articles of Fo-

reign Intelligence yesterday, it is added that
the SULTAN had ordered a general press of
sailors, which was carried into execution with
such rigour and disrespect of persons, that con-
siderable resistance was offered on the part of
some Ortas of Janissaries, who had been or-
dered for the sea service, and the new Aga
of the Janissaries fell an early victim. After
the murder of their new Chief, the Janissaries
reinstated their old Aga, and massacred all the
Christians of whatever nation they met in the
streets. Constantinople is represented to be as
light at night as in the day-time, on account of
the fires of the Bivouacs, and to resemble a vast
camp while the hopes of making war on the
accursed Ghauars (the Russians) and of enrich-
ing themselves by pillage, excite i■ all the Mus-
sulmans extraordinary joy and enthusiasm, ac-
companied with a degree of fanaticism and im-
petuosity which admits of no controul.

We cannot see on what grounds the hopes of
peace are founded. Since the rejection of the
Ultimatum the SULTAN has been unremitting ill
his preparations for war, and reinforcements
have been sent to all those armies which are im-
mediately opposed to the Russians. The deter-
mination of the SULTAN not to accede to the
terms proposed by Russia has, we conceive, been
fixed since February last, and the negociations
since that time between the Reis-Effendi and
the Ambassadors of the Mediating Powers have
only been carried on for the sake of delay, the

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