The Sun.
London, England, 1825-09-01 00:00:00

in anothetr part of THE SUN. A curious, though
probably needless remark, has been made by an
Americas► paper, on that passage in the act of
recognition which limits the acknowledgment
on the part of France to the French portion
of Saint Domingo. "We must not be sur-
prised," says the Philadelphia Gazette, " if we
" shortly hear of the Spanish part being occu-
" pied by the French forces." It would, we own,
at present surprise us to see so barefaced, impu-
dent, and fruitless an enterprise undertaken by
the French Court ; but we shall not stop to
argue it. The difference of duties in favour of
French goods is not much dreaded, we are assur-
ed, by the cotton manufacturers of England, as
the reduction of duty does not extend to French
property in Haytian or other produce exported
from the Republic. The evil to foreign trade in
general appears, at first sight, of a more mitigated
character than was formerly apprehended. It is
plain, however, that this barbarous system of
laying taxes on its own produce, and thus under-
mining its own market, must be sooner or later
abandoned by the Haytian Government. Mr. R-
obinson would make even the country gentlemen
stare, if he proposed to raise the revenue by a tax
on the export of cotton and woollen goods from
England. If, indeed, the Haytian produce will
stand a competition with that of the West Indies
generally, in defiance of a duty on its export, the
question is obviously set at rest, as to the supe-
rior cheapness of labour by free negroes over that
of slaves. The point of view under which this
recognition of Hayti must be regarded as most in-
teresting to the British Government is, of course,
its bearing upon the political necessity of follow-
ing the example set by France. England has
had repeated overtures from the Hay tians, hold-
ing out advantages the most signal and exclu-
sive, in return for her acknowledgment of
their independence. She has uniformly, and
doubtless with extreme delicacy,—but with how
much wisdom is another point—referred them to
their " mother country," bidding them first ob-
tain the consent of France, or show a flat nega-
tive from that Power, as the only ground on
which England could think of interfering. We
have, therefore, lost whatever benefit. might have
been secured to us, from setting the example
which we now must be content to imitate. It is
true, that the compliment was ostensibly to
France, but really to the British West India
interest, who would all have been up in
arms at the first hint of recognizing the
freedom of a Negro community. Nor do
we yet feel how this knotty question can be satis-
factorily settled. If we recognize the Haytians,
we must trade with them. If we trade with
them, their vessels, and the Negroes who navi-
gate those vessels, must he received in our West
Indian harbours, and admitted to familar inter-
course with the enslaved Negroes of our Colo-
nies. Will this be suffered ? Will it be con-
sistent with the prevailing notions of the planters
touching their own security ? If again, we pro-
hibit to the Ilaytians the common privileges of
friendly States, what visitations may we not ex-
pect upon our commerce with the free and in-
dignant Republic?

[MORNING HERALD.]
The Consol Market reached so low a point as
86i yesterday, but it appears that they after-
wards recovered, and closed at one per cent.
higher. The fall, however, from their highest
price of 981, has been 11 per cent, which, on a
debt of 800,000,0001. lessens that debt in
value 88,000,0001. of money, and this has
happened in about nine months. And yet an
Evening Paper endeavours to prove that this
depression of 88,000,0001. has been brought
about by the contraction of the paper issue on
the part of the Bank, as if the drawing in of
ona, or at most two millions of Bank notes
could produce such an effect as that we have
stated. Why the whole amount of the paper me-
dium of the Bank is nut more than 20,0001, or
22 per cent. on the amount of the debt of
800,000,0001. The lessening of discounts may
have had some effect, and may have accelerated
the fall ; but it is seldom that the Bank. Direc-
tors vary, at the utmost, more than from a half
to a million of money in any one week in their
discounts. The depreciation now in the value
of the debt is nearly one'-third the amount of
its highest nominal rise ; all advance on these
kind of things is nominal, till a holder sells, and
vests his money in something of a stationary na-
ture. We have lately seen that because the in-
terest of money has risen, and that 5 per cent. is
the common price for the use of it, people hold-
ing Consols, which paid very little more than
three per cent. would not, and did not.
long continue satisfied with such interest.—
A. great number of sellers therefore came for.
ward at the same instant of time ; and the
consequence has been the re-action we have
witnessed. It is quite out of the question
to suppose that the price of Stocks should
not be principally governed by the interest money
may be worth in the market. If a man can lend
his money on the security of bankers' or good
merchants' paper, or houses or land, at five per
cent., he will not purchase or long hold three per
Cent Stock at either 981 or 871, their present
price. The Stock question, takes it in general,
has little or nothing to do with the gold and
paper question.

[MORNING C:IRONICLE.]
In an age fertile in improvements, there are
none, perhaps, which are more deserving of our
admiration than those which have been intro-
duced into the subject of Assurances. This ob• •
servation we have been induced to make at
this time in consequence of the perusal of an ad,
vertisement in our columns, announcing assurances
on the lives of persons hi predicaments, the laws
of which we were not aware had ever been
made the subject of calculation. We allude to
two advertisements, one announcing the grant
of assurances on the lives of persons of delicate
health or peculiarity of form,—affected, by mania,
melancholia, or chronic disease, females in a state
of pregnancy, &c. and the other on officers, &c.
serving abroad. As examples, there are given
tables of the rates on the life of a female i3reg-
nant with her first child, and on officers in