The Sun.
London, England, 1838-06-19 00:00:00

111 Gil WATER AT LONDON BRIDGE TO-MORROW.
Morning

In a day or two,
ACORONATION MEMORIAL.
In green or crimson Silk, Gilt Edges, 18m3., 3s.
VICTORIA !

An Anecdotal Memoir of her Majesty, from her birth to the pre-
sent period ; comprising highly interesting and generally original
Anecdotes, Personal Traits, and Characteristic Sketches of the
Queen ; with a
Faithful and Exquisitely Engraved PORTRAIT, by MOTE,
London: J. Saunders, Jun., 49, Paternoster-row.

The publication of Tau Sux NEWSPAPER commenced this day
at 0 minutes past Three o'clock.

WITH WHICH
" THE TRUE SUN" IS NOW
INCORPORATED.

LONDON :
TUESDAY EVENING, JUNE 19, 1838.

We have learned with pleasure that her MAJESTY'S
Ministers have offered to appoint Mr. Cr-CONNELL Chief
Baron of the Court of Exchequer, r.,-r Master of the Rolls
in Ireland, in the event of the Y,on. and Learned Gentle-
man's preferring to retire fr',m the fatigue and bustle of
political life. It is now nearly thirty years since Mr.
O'CONNELL entere(l, upon his great career of agitation ;
and during so long and trying a period no man ever
exceeded him in 'zeal, or in the extent and efficiency
of his lahours, to regenerate his native country.
Having had the happiness to live to see many
of his dreams of hope realized—to see the Ca-
tholic freed from the the chains in which bigotry
had 'bound bim, and placed on a footing of social
awl political equality with his fellow-subjects of every reli-
gious denomination—to see prejudices, the growth of cen-
turies, uprooted and ,extirpated—to see Ireland proudly as-
sume the natural position among the nations of Europe, Mr.
O'CONNELL has nobly earned for himself the privilege of now
choosing his own time to withdraw with honour from the
arena of politics. But is either of the offices offered him by
her MansTv's Ministers adequate to the expression of a na-
tion'sgratitude for services so numerous, solong, and so invalu-
able to liberty as those of the Hon. and Learned Gentle-
man ? Are they consonant with those active habits which
Mr. O'CoriNELL must be supposed to have formed, and
which he could not now lay aside without serious injury to
his health ? We fear not. The political atmosphere
seems to us to be among the necessities of Mr. O'CoN-
NELL'S very being ; and, even independently of this, his
appointment to the Mastership of the Rolls is, of itself, not
an elevation for which Ireland could be supposed likely to
feel very grateful to a Cabinet to whom he has rendered such
important services. We are, therefore, of opinion, that if
Ministers, in bestowing a well-merited favour upon Mr.
O'CONNELL, would at the same time confer an obligation
upon the Irish people, they cannot do better than raise him
to the Peerage. In the Upper House his services would
be of immense importance both to the Government and the
country ; while at the same time they could be exerted
with a moderation suited to the period of life at which he
has now arrived. To exchange the companionship of
LEFROY, SHAW, and TENNANT, for a bench opposite
tO RODEN, WICKLOW, and LONDONDERRY, may ap-
pear of very little moment to Mr. O'CONNELL perso-
nally, and would, no doubt, be opposed in certain high,
though not in the highest quarters ; but it is for the
Ministry to take into account the popularity which such an
act, on their part, would procure for their royal Mistress in
Irelands as well as how much it would tend to consolidate
their own power. The frowns of WINCHELSEA, RODEN,
and FARNHAM, will weigh lightly when balanced against
the approving smiles of seven millions of people.

Since writing the above we have ascertained that Mr.
O'CONNELL has declined for the present the accept-
ance of any office. Mr. Sergeant WoLFE is appointed
Chief Baron of the Exchequer, and Mr. Serjeant BALL
Attorney-General for Ireland, both which appointments
will give great satisfaction.

It is understood that Mr. MooRE will be the new mem-
ber for Cashel.

Mr. CLAY is to move to-night in the Committee on the
Sugar Duties Bill to allow British plantation sugar to be
taken from the bonding warehouses for the purpose of re-
fining on giving security for the payment of the duty, and
to reduce the bounty or allowance payable on the expor-
tation of all descriptions of refined sugar and of treacle, pro-
duced in the process of refining, to 245. per cwt. Mr.
HUME is to propose a reduction of the duty on musco-
vado sugar to 20s. We should like to see both motions
succeed. Sugar has become an article of such general
consumption, that it is a necessary of life as much as bread,
and the present duty is so high, that the consumption has
not increased in proportion to the population. The ad-
vantages of the reduction of duty are clear, and need no
illustration ; but the emptiness of the Exchequer will be
sure to defeat Mr. HUME. The advantages of Mr. CLAY'S
motion are not so apparent, but amongst them may be
reckoned a saving to the revenue. The same motive which
will induce the CHANCELLOR of the EXCHEQUER to oppose
Mr. Hume, ought to make him support Mr. CLAY.
In another part of our Paper will be found an excellent
article on the Sugar bounties, which the CHANCELLOR of
the EXCHEQUER still proposes to keep up to 3tis., and Mr.
CLAY to reduce to 245. Now, as the quantity of refined Sugar
exported yearly is somewhere about 425,000 cwt., the Ex-
chequer will save, by substituting Mr. CLAY'S plan for that
of the CHANCELLOR of the EXCHEQUER, 255,000/. per
annum. But the consumers—the great public—will gain
still more. It is a known fact that our Sugar Colonies,
which have a monopoly of the home market, produce more
sugar than is sufficient for its supply ; and the bounty, as is
explained in the article referred to, enables the planter:, to
take off the excess, and enhance the price in the home
market. Those who have attended to this matter are
well aware that a very small excess of an agricultural pro-
duct much in demand, like Corn or Sugar, (because those
who cultivate it are obliged to make large advances for a
considerable period before it is brought to market, and
must sell to be enabled to continue their cultivation for the
ensuing year), always tends to make the price of that
produce fall much below the average price. Thus we have
seen in England, since the Corn-law was in existence, a
small excess of supply, caused by two or three bounteous
years, reduce the price of Wheat to 335. per quarter,
We doubt, therefore, whether the supposititious case
referred to in the article, though it well illustrates the
principle, expresses the great rise of price to the con-
sumers, which is caused by the bounty. At any rate
the bounty enhances the price very much, so that, in fact.;
we give a bounty to the -planters to enable them to levy a
tax of perhaps 2d. per popnd on all the sugar consumed
within the limits of their monopoly. •
The planters indeed are not benefitfed to the extent of
that sum, which is shared amongst a great variety of per-
sons ; but the great evil of the system is, that the high
price caused by the monopoly and the bounty limits the
consumption—limits in the first place the enjoyment of the
consumers, and limits all the multiplied traffic—traffic
giving profit and wages, and enterprise and hope to all con_
cerned in the business, including the planters, from those
who grow the cane to those who retail the refined sugar,
which would be the consrquence of an extended and ex-
tending consumption. Ultimately, the exorbitant price, by
limiting the consumption, injures even the planter, while it
immediately cramps all the trade connected in any way with
the manufacture or the consumption of sugar.
Mr. CLAY'S motion goes to abolish this bounty alto_
gether, giving on the exported sugar the same sum for a
drawback as was levied on the imported sugar. Our
Correspondent states that the Muscavado sugar is separated
into three portions, refined sugar, treacle, and dirt. It is
impossible to determine in what proportion these parts will
be obta'ned from any particular sugar, and therefore it is
impnssil.lc to lay down any rule which shall be justly ap-
plicable at all times and to all sugars. But as the dirt on
the average forms only a small proportion of the whole,
atuLas,..the treacle can be returned into bond or ex-
poWs.tycll as the refined sugar, to return to the
refiner '2:4.-ericit: cwt, on the refined sugar and the trelcle,
the amouitlt.of7.the duty which he paid on the Muscovado
•
i4,r, or at most 255„ being 13. for the duty levied by wee

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