The Sun.
London, England, 1825-04-11 00:00:00

some Inn of Court, and to pay a certain sum in
fees. It often happens, therefore, as it neces-
sarily must, that " learned gentlemen" are ex-
cessively. ignorant, not only of the law, but of
life and human nature, as well as of so-
ciety, its manners and customs; and, like other
ignorant peoplevare usually positive in propor-
tion as they are wrong. Knowledge of life, patient
attention, and humane feelings, are much more
valuable qualities in a Magistrate than any
which the wig and gown can bestow ; and we
are greatly mistaken if there are not among the
Magistrates some who stand quite as high in the
public estimation, and justly so, who have not
practised at the Bar, as among those who have.
We think, therefore, that
,at all events Mr. Peel
is right in not consenting to tie himself or his
successors down to appoint none but'" learned
gentlemen." The age of hurnbug'may not last
for ever----and this is one branch'orit, which is
likely enough, we think, to experience an early
tertnination.

[aIOUNING CHRONICLE.I
The principal part of the business transacted
in the City on SatlT has been in adjusting. the Account,
which terminates on Tuesday next, and has been attended with
little or no variation in the prices. Consols for Money, on
Saturday morning as well as Friday, have been sold leper cent.
higher than for the Account, but the continuation on the May
account has remained steady; at what it was soon after its com.:
mencement. There does not appear to be the least suspicion
entertained of any sudden movement in the Market until after
Tuesday, when it is not unlikely that the jobbers, independent
of the operations'of the public, will commence selling, even in
the absence of any unfavourable news; since, during the two
previous Accounts; their sales have been attended with some
suecess The bargaihs' in options are done 'on 'much lower
terms'ifiari ever, and a considerable number of Lottery Tickets
have been given away, for the opportunity of taking Or selling
stock during the whole of the May Account at 93A and 93g ;
the dealers, therefore,' are not prepared for any serious fluctua-
tion:- It will be perceived by the quotations annexed, that the
Funds have this afternoon left ofi: only a shade lower than on
this day week. In ExcheqUer Bills there has been' no altera-
tion, but India Bonds have been Sold at a premium of 89s. A.
further reduction in the interest is talked of, but the general
opinion appears to be, that it will not be carried into ea'ect.until
next year at earliest. In India Stock There have been Some few
bargains made this morning at 2804 and 281, as it seems to be
pretty well ascertained, that no further news has been re-
ceived, either at the India House or through 'other channels:
—Not a single defaulter has been announced at the Stock
Market for several Accounts past; and as the variation in Con-
sols in that for April has not exceeded l per cent., it is not
expected that any failures will occur to-morrow. ' The Funds
left off On'Saturday rather heavy, in consequence of the report
'of the depression of the French Funds on Thursday, 'and that
the leading speculators were changing their accounts. Consols
for Account fell from 934 to 93k, and for 3layfrom 9t to 93g,
indicative of a further decline. Excepting as repects the busi-
ness transacted in. Spanish Bonds, Saturday was a very dull day
at the Foreign Stock Market. .In the New Danish Scrip a fluc-
tuation of about 1 per cent. has occurred : the lowest quotation
has been per cent, above what the Scrip was sold at on Friday
morning. There is some misunderstanding with respect to the
redemption of the Old Danish Loan, which has rather a preju-
dicial effect on SCrip, and unless some satisfactory explanation
is given, this circumstance alone is much opposed to any im-
provement. Russian and Prussian Bonds were nominally the
same as on Friday. In Greek Bonds there was very little doing,
but Greek Scrip has receded from 4} to 54 per cent. discount,
but is rather cheaper for the 15th instant, which is the next
settling day. The south American Bonds are lower. Mexican
Scrip, which on Friday touched 14, were wild at preminm on
Saturday. Brazil Scrip and Brazil Bonds remained very heavy,
owing to the delay on the part of the King of Portugal in re-
cognizing the independence of the, dominions of his ,son, the
Emperor.

The KING and the CANADIAN CHIEFS.'