The Sun.
London, England, 1822-07-09 00:00:00

neutralization. 'Tie measure is not cottsistent
with liberal policy, and yet it is immediately
necessary, to save the constitution'. In one sen-
tence, the disaffection is so general and prompt,
that nothing but the. Insurrection Act can cope
with it; 'in another, the Irish are so imbued with
gratitude for the generosity of England, that the
lion. Secretary expects a sudden attachment to
the Government and the caws to spring out of it--
" And pity melts the soul to love."
Are these reasons of State ? They are very old
ones, and not a little inconsistent with the con-
dition of a country, which is admitted by Lord
Etedesdale (one who, is no great favourer of po-
pular political concerts) to have no laws capable of
attracting and securing the veneration of the people.
The Secretary might, iu default of novel and elo-
quent reasons, have recourse to the old cry of mo-
mentary necessity forthis ancient and very useless
expedient. But what has become of the dashing
promises held out at the beginning of the Session,
that the insurrection Act then granted, the trou-
bles of the country should be searched to their
sources, and the activity of the Government
should be Inverted from the suppression of in-
stant turbulence to the purgation of its latent
and diseisedcauses ? Not only so, but the Ses-
sion was the utmost limit of time asked by the
new physicians for the experiment of their po-
licy. The only variation in the complaint, as is
now admitted or to be inferred from the conduct
of the Secretary and the notoriety of public
events, is the additimr of actual famine to the
•
other aggravations of the case; and still the
speech of last night is but an echo of that on
which the Insurrection Act - was required at the
beginning of theirear._

[MORNING POST.]
The Discussion on -the Renewal of the Irish
Insurrection Act, which had been postponed by
rnatuarconsent till last night, took place on the
Question that the Speaker should leave the Chair,
in order that the Bill might be committed. Mr.
Goulburn opened 'the subjeckin a manner highly
creditable to himself, and which we are certain
will prove perfectly satisfactory to the country.
The regret which he sincerely expressed at being
under the necessity of resorting to so painful and
repugnant a measure, and the conciliatory dis-
position evinced thtoughout his whole speech,
seem to have- had- a most salutary effect
upon the temper of the House during the
rest of the debate. From this effect we will not
even except the •erratic and irrelevant effusion
of Sir Robert Wilson, whose matter, and not him-
self, appears to have been intemperate. With
respect to the question tmmedtately before the
House there can scarcely be said to be two opi-
nions. Mr. Rice, Sir J. Newport, and indeed all
the Irish- Members assented to the absolute ne-
cessity of continuing the Insurrection Act until
the next Session of Parliament; nor did the Ho-
nourable Member for Southwark perhaps believe
that he was opposing it.in moving the instruc-
tion to the Committee 'with which he con-
cluded. The, latter, however, was the case, and
Mr. Spring Rice (merely it may be presumed
for the sake of nationality) supported" both the
Bill .and the 1 nstruction, a course which, it was
facetiously remarked, was not unsuitable on such
an occasion ! The-grounds upon which the mea-
sure has been brought forward were fully stated
by Mr. Goulburn, Mr. Peel, and Mr. Plunket ;
and, under all the circumstances, we think there
can be no doubt as to the propriety, indeed the
necessity, of continuing the present Bill till the next
Session. The assurance which has been given, that
the moment it ceases to be indispensable, it shall be
most willingly surrendered—the unanswered chal-
lenge to mention the slightestabuse which has been
practised under it since last enacted—together
with the Confidence whiCh the Administralion
both here and in Ireland is so well calculated to
inspire--leave us without a scruple in approving
of this measure as it, is n9w brought forward. We
shall nevertheless be quite as ready to call for
its repeal when the prevailing aspect of affairs in
Ireland has changed ; and we most sincerely
and heartily wish that period may soon arrive.

[MORNING lIERALD.I
It is stated/ that there is'a new Prussian loan
in agitation, to the amount of S."l-- millions. The
terms for which it is to be contracted are not
mentioned, but we suppose it will be some-
thing on the same principle, only not quite
so bd, as the English loans have• been con-
tracted for, for
,these last hundred and fifty
years, ever since the " Glorious Revolution "
took place, when England -obtained a King
from Holland, who commenced the "
_funding
system," as the " Financiers " call getting
into debt, and borrowing money at an extravagant
rate, in order to pay off the debt. Our " finan-
ciers," on the average, only got about 501. cash?
for every 1001. debt contracted ; but it appears
that the Prussian financiers" are the abler
men of the two, notsvithstariding all that has been
said by English people, as to England having
brought forth the most extraordinary " finau-
ciers" that ever existed. It is said that the Prus-
sian 4C financiers" are likely to obtain about 701.
for every 100/. bond they may issue, and that the
contractors intend not to part with a single slice,
except at the rate of SU for every 1001. bond ;
the contractors therefore. expect to realise About
350,000/. by this new Prussian loan. If this is
not an easy way o'f getting money, we know not
what is. It is very different to the money-
grubbing of a cotton weaver, who may sing
" clickety clack, water porridge and hardly
that," from four o'clock in the morning till,
twelve o'clock at night, and only get one shilling
for himself, a wife, and six children. What all
these foreign loans will end in, time only can
discover, but we hope that the parties borrow-
ing the money will, in the long run, be more
honourable to John Ball, in the payment of
interest.to him, than one • of the Members of the
Holy Alliance—namely the Emperor of Austria,
has been to John Bull's Government. How Mr.
Vansittart will like these Continental drains of
English capital, we know not ; but certainly they
militate materially against his plan of getting the
4 and 31 per Cents. above par, so as toenable
hint to mulct the holders of these stocks a half,
and a one per Cent. ih.the same way ho mulcted
the 5‘ per Cent holders,