The Sun.
London, England, 1836-11-14 00:00:00

A large supply of specie arrived at both these establish-
ments yesterday, from England ; and we sincerely trust
,hat a panic, arising from groundless apprehensions, or,
what is worse, generated by unworthy motives, will not
again produce effects which can only injure public credit by
shaking public confidence. We copy the following from the

Ulster Times:—
" The banks in Belfast are as respectable as those in
any part of the empire ; their solvency and resources un-
doubted, and their proprietary composed of the merchants
of Belfast and the province of Ulster. Those holding
their notes are as secure as if they held those of the Bank
of England or Ireland ; and while there is no establishment
which may not be inconvenienced for a time by the effects
of groundless and blind alarm, we recommend our readers
not to allow themselves to be misled by the representations
of foolish or malicious persons, but to repose their confi-
dence, undiminished, in the banks of this town, with whom
their own interest is so closely connected. Under existing
circumstances, all prudent banks will be cautious in their
issues, the effect of which must be immediately felt in the
fall in prices of all produce—indeed it has been already
felt ; but it rests with the public, by firmness and confi-
dence, to put a speedy stop to such an evil, and restore
matters to their accustomed state.'"
It was very generally believed in the City in the
afternoon of Saturday, and we have reason to think
the opinion is not unfounded, that the Chancellor of
the Exchequer has at length made up his mind to in-
crease the interest upon Exchequer Bills, so as to assi-
milate those Securities to the general condition of the
Money Market. Had this been done some time ago,
when its necessity was forcibly urged upon Mr. Spring
Rice by disinterested and experienced men of business,
much of the inconvenience and mischief which have
occurred might unquestionably have been avoided, and
at less expense to the State also, for a less consider-
able addition to the interest would then have suf-

ficed than will be necessary now that the pressure and
the panic have been suffered to proceed so far. The
Chancellor of the Exchequer has shewn himself to be a
very shabby as well as a very conceited person, and all
that his apologists offer in extenuation of his conduct
amounts to nothing more than an express acknow7
ledgment of these imperfections in his character. The
latter, like the Right Hon. Gentleman himself, only
look at the question "as one of direct profit and loss be-
tween the Exchequer on the one hand, and the Bank
of England and other banks, who happen to be consi-
derable holders of Exchequer Bills, on the other. One
might almost fancy they were buyers of these articles,
they seem so much afraid that anything should be done
to keep their price above par, and to make them saleable
without difficulty. These persons wholly forget that pro-
vision is made in every Act of Parliament under the au-
thority of which the Securities in question are assured to
prevent their sinking below par ; that it is of the essen-
tial spirit of the contract between the Government
and the holders that they should not be permitted to
fall below par. on account of the lowness of the inte-
rest ; and that it has been the practice of every former
Chancellor of the Exchequer to act in uniform ac-
cordance with this spirit. Hence it is that bankers
have always regarded Exchequer bills as the safest
' possible investment of their spare capital, and that
banks of issue have held them as the most solid basis
of their circulation. Mr. Spring Rice would change
all this rather than incur the reproach of Mr. Hume,
for anticipating by a few weeks the period when he
must either raise the interest, or take back the bills in
payment of duties. And what does the country gain
by this peddling policy ? It may be summed up in a
few words. The Bank of England, at a season of
great commercial pressure, is compelled to withdraw
its usual accommodation to merchants and traders,
from its inability to sell the Government securities in
its possession. The great channel through which the
reservoirs of capital would have diffused their supplies
in every direction in which capital was temporarily but
urgently required is dammed up. Payments are in
many instances suspended or postponed. General
distrust spreads throughout the whole mercantile com-
munity. Prices fall, and an expectation is engen-
dered that they must fall still lower. Numerous per-
sons begin to act upon the notion, however fallacious,
that nothing is good to hold but money ; and that no
course is safe but a general and absolute refusal to
trust any body. In this crisis of alarm multitudes of
persons are ruined, industry stagnates, and the re-
venue declines. A noble achievement this for a Chan-
cellor of the Exchequer ! And what does the penu-
rious financier eventually gain even in his darling item
of the interest of Exchequer Bills ? He gains the
final and inevitable necessity of raising it to a higher
rate than, under a wiser and more generous policy,
could ever have been required.—Morning Post.

The Reform Association of Lambeth held a meeting I
this day, to consider the expediency of calling a public
meeting to petition for reform of the Lords.
CORNWALL.—C. J. W. Carteret is a candidate
for the representation on liberal principles.
ORIGIN OF ALMACK'S.—The rise of Almack's
mg), serve to illustrate the mode in which this sort of em-
pire was consolidated. A few pretty women, not in the
highest rank of the nobility, met at Devonshire house to
practise quadrilles, then recently imported from the Conti-
nent. The establishment of a subscription ball was sug-
gested, to which none but the very elite were to be admis-
sible ; the subscription to be low, with the view of checking
the obtrusive vulgarity of wealth. The fancy took, and
when it transpired that the patronesses had actually refused
a most estimable English Duchess, all London became mad
to be admitted ; exclusion was universally regarded as a
positive loss of caste, and no arts of solicitation were left
untried to avert so horrible a catastrophe. The wives and
daughters of the oldest provincial gentry, with pedigrees
traced up to the Heptarchy, have been seen humbling
themselves by the lowest acts of degradation to soften the
obdurate autocratesses ; and we fear it is no exaggeration
to say that more than one parvenu has been known to bar-
ter his vote in Parliament, and more than one parvenue her
honour, for a ball-ticket. The prestige has gradually abated,
and the institution is now tottering to its fall ; but its origin
is worth recording, as a ludicrous phenomenon in the pro-
gress of society.—Quarterly Review.
As a party of labourers were excavating the ruins of
Santa Engracia, in Saragossa, they came to a shell which
had been buried beneath the rubbish since the year 1808.
Their curiosity led them to clear it from the earth, and
having discovered that it was still charged, one of them
coolly took the cigar from his mouth and lighted the fuse.
The shell, after fizzing for a short time, exploded, as was
to be expected, and the poor Dons were knocked about in
all directions, one of them having his head shattered to pieces
and others losing legs and arms. The paper which mentions
this accident, winds up by saying most dolefully—" Still do
the bombs thrown by the French in those days cause mi-
sery to Spaniards."
TAMENESS OF THE WOLF.--I remember a she-
wolf at the Zoological Gardens, which would always come
to the front bars of her den to be caressed as soon as I, or
any other person whom she knew, approached : she had
pups, too ; and used to bring them in her mouth, to be also
noticed ; and so eager, in fact, was she that her little ones
should share with her in the notice of her friends, that she
killed all of them in succession by rubbing them against the
bars of her den, as she brought them forward to be fondled.
But M. Frederic Cuvier relates a more extraordinary in-
stance of affection and recognition, which would do credit to
the most esteemed and fostered of the canine race. The
individual in question was brought up as a young dog, be-
came familiar with every person whom he was in the habit
of seeing, and, in particular, followed his master everywhere,
evincing evident chagrin at his absence, obeying his voice,
and showing a degree of submission scarcely differing in any
respect from that of the most thoroughly domesticated dog.
His master being obliged to be absent for a time, presented
his pet to the Menagerie du Roi ; where the animal, con-
fined in a den, continued disconsolate, and would scarcely
take his food : at length, however, his health returned, he
became attached to his keepers, and appeared to have for-
gotten all his former affection ; when, after eighteen months,
his master returned. At the first word he uttered, the
wolf, who had not perceived him amongst the crowd, recog-
nised him, exhibited the most lively joy, and, being set at
liberty, lavished on his old friend the most affectionate ca-
resses, as the most attached dog would have done after an
absence of a few days. A second separation was followed
by similar demonstrations of sorrow, which, however, again
yielded to time. Three years had passed, and the wolf was
living happily in company with a dog which had been placed
with him, when his master again returned, and again the
long-lost but still-remembered voice was instantly replied to
by the most impatient cries, which were redoubled as soon
as the poor fellow was at liberty ; when, rushing to his mis-
ter, he threw his forefeet on his shoulders, licking his face
with every mark of the most lively joy, and menacing his
keepers, who offered to remove him, and towards whom,
not a moment before, he had been showing every mark of
fondness. A third separation, however, seemed to be too
much for this faithful animal's temper ; he became gloomy,
desponding, refused his food, and for a long time his life ap-
peared in great danger. His health, however, returned ;
but he no longer suffered the caresses of any but his keepers,
and towards strangers manifested the original savageness of
species.--History of British Quadrupeds.