The Sun.
London, England, 1825-06-15 00:00:00

[BRITISH PRESS.]

Among the Statutes that have passed during
the present Session of Parliament, respecting
Ireland, none, we think, is better adapted to pro-
duce permanent and extensive benefit to that
country • than the Irish Provincial Banking
Bill, which received the Royal Assent on Fri-
day last. It was justly remarked by Mr.
Iluskisson, in one of his speeches on the com-
mercial policy of this great kingdom, that, " as
we had refused the majority of the Irish people
the relief from civil disabilities which they so-
licited, we were the more bound to compen-
sate for this refusal by advancing as far
as practicable their commercial prosperity, and
by encouraging every measure calculated to
draw forth the internal resources of the country
and augment the nation,al wealth." The incor-
poration of (he Irish Provincial Banking Com-
pany is certainly a measure of this character. Its
formation, we, understand, originated in the fol-
lowiug manner :—Shortly previous to the great
distress which prevailed in Ireland, nine out of
twelve of the country banks had failed, and ne-
cessarily involved the population of their respec-
tive neighbourhoods in extreme misery. Such was
the shock given to public credit by these "failures,
that confidence was altogether withdrawn from
banking establishments, and the few that survived
the general ruin did not realise sufficient profit to
repay their drdinary expellees. To remedy so
great an evil, a meeting of English and Irish
Gentlemen was held in London in the early part
of last year. The result was the formatioti of
the Irish Provincial Banking Company, with the
view of enabling Ireland to carry on the banking
system with greater advantages than she then
enjoyed. It was proposed to -effect this .object
by assimilating the law for Ireland to that of Scot
land, where there is nu limit to the number of part-
ners in a banking establishment. The Bill which
,has just received the Royal Assent has accomplish-
ed this desirable result, and we may anticipate
from it consequences the most advantageous to that
once distressed and agitated, but now, we are
happy to say, tranquilled and fast improvims
country. In Scotland there are 128 banks licensed;
and yet the Bank of Scotland, in 1818, paid its
proprietors a bonus of 20 per cent., besides the
ordinary annual dividend of 91 per cent.; and in
the month 'of" April la"st it paid a similar bonus
of 20 per cent., besides,since the reduction of the,
rate of discount, a yearly dividend of 8 per cent.
The Royal Bank of Scotland, in 1818, added a
bonus of' 50 per cent. to its capital, and the
British Linen Company, the commercial Bank,
and others, are equally prosperous. A clause
was judiciously introduced into the "Irish Pro-
vincial Banking Company Bill, permitting Eng-
lishmen not residing in Ireland to become stock-
holders. The whole measure is well calculated
to promote the intercourse and cement the
union between Great Britain and Ireland, is
worthy of the wise and liberal policy of his
Majesty's Government. Some delay occurred
in the progress of the'Bill through Parliament,
by the adoption of some clauses to prevent the
chartered rights of the Bank of Ireland from
being invaded. This point having been satisfac-
torily -adjusted, the important Bill became part
of the law of the. land. By means of it a sound
and sufficient medium- of circulation will, we have
no doubt, be established in Ireland, and the many
evils which the people of that country have suf-
fered, from the unsound state of the currency,
wilt be, if-not at once removed, at least consider-
'ably mitigated, and at no distant day finally and
completely annihilated.'

[THE' PUBLIC LEDGER.]
The present situation of Spain is a fine illus-
tration of the' policy of re-establishing arbitrary
power in that- country by 'means of a foreign
force', aided by. the scum of the native. popula-
tion. It is so exact a counterpart of that by
which the late revolution was ushered in, that the
satne.catastrriM bo -ekpected -again ; with
this differetici,, however, that the Constitntion-
alists will knoW how to avail themselves of
favourable circumstances' better a 'second time.
Whatever- delay the presence .of the 'French
troops may only. add to the ab-
horrencel in which the existing system and
its abettors are }mid.; and we are so persuaded:of
the truth of. this iemark, that if we had the deS;
tinies of that. country in-our •hands, we should,
instead of accelerating, retard the. period of ex-
plosion. . The prieSthood have.made,§9 insolent
a use of. their triumph,. and . have, in' theirpo-:
litical zeal, •so scand'al'ously abus4d
.their clerical
duties.,
,that their, controuk over the ininds of the
multituiie is all bat, extinct.: They are con-
fesSedly the last prop •of tyranny, and when
Once their influence is'destroved, ;down falls
the tyranny, with Out a . chanCe., of its being
replaced -on its Though
' • legs. •
Spanish army is a creatio:lo f the present
: tiie(24
t,rgy,
they.select the houses of the latter in preference
to :all- others, -when they set -out- in quest • of.
plunder,' •to indemnify themselves' for want- of
pay. Upon, these occasions, they always mix with
theirviolence,riballed expressions and coarseoestS,
'Which form a strange contrast with their title of
,Soldiers of the Faitlryinterspersed with their

religious taunts, the significant cry of 4C Downl
.with the arbitrary Monarch," is uniformly heard ;
and, as a hungry belly has no ears, a starving
soldiery have not the least regard for their su-
periors. The troops are already so disaffected,
that they only want a leader to raise the standard
of rebellion ; and, in the interval, they will make
such inroads upon the patrimony of the Church,
that the poor monks, when their granaries and
wine-cellars are empty, will also turn state re-
formers.

[NEW TIMES.]
In the House of Lords last night, the Colonial
Trade Bill was read a second time, on the motion
of Lord Bathurst. The measure, founded on
wise and liberal principles, is' in unison with
the comprehensive and enlightened system of
free trade, which our able and upright
Statesmen are so judiciously introducing, and
the gradual abolition of restrictions, and prohi-
bitions, will enable us to advance with accelerated
rapidity, in the career of prosperity and im-
provement. The Equitable Loan Bill was al-
lowed to be read a second time, the Lord Chan-
cellor and Lord Lauderdale reserved their
,oppo-
sition untill the third reading. In the House of
Commons, Mr. Hume's motion, for an inquiry
into the Church Establishment of Ireland gave
rise to an interesting' discussion, which termi-
mated as usual in a defeat to the bustling and
intrepid Member for Aberdeen. One of his pro-
positions, that Church property was public pro-
perty, and under the controul of the Legislature,
was negatived without a division ; and, finally,
his motion was rejected by an immense majority
of 89, there being 37 in its favour, and 126 op-
posed to it.

LMORNI NG II En
We have, received a letter signed J. 13.'deny-
ing, in reference to an article in the Herald of
yesterday, hat any resolution 66 relative to
Lord Liverpool's incompetency to hold the
heTni- of Administration" was even 66 submitted
to the Catholic Aggregate Meeting in Dub-
lin." The writer of the article in the Herald
assumed that the. Meeting had voted Lord
Liverpool unfit to hold the. helm of the Ad-
ministration, with the clearest recollection of
having read in the Dublin Papers, or extracted
from them, a paragraph to that effect, and upon
now referring to these Papers the passing of such
a resolution at the. Meeting is set forth as follows,
very unequivoCally,- in ttse report of the proceed-
ings, viz.—

Mr. Hugh O'Connor concluded by proposing a resolution,
declaratory of the conviction of the Meeting, that Lord Liver-
pool, from the hostile policy manifested by him- towards the
best interests of a very important portion of -the empire, was
unfit to be continued in the office of Prime Minister of Great
Britain, which was carried unanimously."
_ _

I t appears, indeed, by ysterilay's arrivals from
Dublin that an obscure if not, unintelligible
squabble has arisen between the Dublin papers
respecting this and other resolutions reported as
having passed at the Aggregate Meeting. But
it is somewhat:extraordinary that the foregoing
paragraph should appear in the Report if no
such resolution was even " submitted." It may
be remarked also that the papers in which it ap-
peared are very decidedly in the Catholic inte-
rest.---At all events, if there be any mistake, J.
B. must charged it to these papers.

[MORNING POST.]
French Papers. to . the -) 3th instant,'with the.
Etoile of Monday, reached our Office last night
by express; They are unusually barren';..for
they do•not, even .contain any Parliamentary or
political intelligence. The late financial idea-
sure of the 'Ministers for converting the Fives
into Three per Cents. is now considered as
havittg completely failed, the new stock having
remained below par ever since it was issued to the
public. The Eloite speaks *in mysterious and'
unintelligible terms of some crime which -the
School, of Medicine is said to have -lately wit-
nessed, and which is attributed to " liberal and
philosophical fanaticism, and to the efferves-
cence excited •in young heads by those perpe-
tual—declamations of revolutionary Journals,
which under the name of Jesuit everyday attack
religion and its principles I" The precise nature
of the crime committed is not mentioned, but-
as its details are stated to be in the possession
of the Public Tribunals, and- the trial is likely
soon to take place, the. mystery cannot .now re-
main long concealed.

"MORNING CHRONICLE.]

There was very little business doing yesterday
in the English Funds. Consols for "the Account were all the.
morning at 9]. The Commissioners for the !reduction of the
debt paid 90 and 90ti for Reduced Stock. In the Foreign
Market there was little variation, except in Greek Stock and in
Spanish Bonds; the farmer had advanced to 10 discount on ac-
count of the very favourable,news. The latter tell to 23i.24 on
account of extensive sales. The rumour in the latter -part of the
day was, that a Spanish Loin was concluded, and that the
particulars were in London, but that the public feeling was so
much against Ferdinand, and; the bad faith displayed, that it
cannot be brought forward, at least for the present. The South
American Stocks -.Were rather higher, Colombian Stock 86.
In the other Foreign Funds there was little doing, and no va-
riation whatever in•the prices. The Share Market • was rather
dill ; there was no variation in the prices worth noticing.

An. article in a late number of the Brussels
Oracle is as follaWs About six weeks ago a mad dog bit
a child at St. Quentin's (in 'ancient Picardy )—A man of the
name of RAvit; . seized the animal and strangled it, but not
it had bitten him likewise. The poor child- died shortly
afterwards of hydrophobia, and ere long the 'same dreadful,
malady attacked the courageous but unfortunate RAVI N ; he_
became quite raging, first seizing his wife, whom he injured
severely ;. his eldest son, however, who was as strong as himself,
laid hold' of hitri, and held him fast till' he received fhrther
assistance. Again returning to a state of tranqUillity,lie,was
about.to be removed to theliospital ; he was perfectircollect-
ed, and bid farewell to.all hid neighbours, who were much dis-
tressed at the melancholy circumstanced which surrouniled'hiro,
'A fresh access attacking the poor man, he' burst away and'
tried to make his escape 9 • tire gens d'armes, however, ran after
and seizing him, bound him with cords to precept further mis-
chief. They finally brought him to the Hotel Men, but there
the dreadful howling he uttered were such as to,terrify:the
whole neighbourhood. In spite of every effort which the medical
art could devise, death-carried off the unfortuate man in about 24
liourS..—ln consequence of this sad alfair,the Authorities gave or-
ders for the destruction of all dogs found at large. A beadle who
was charged with carrying into effect .the Magistrates' decree,
and to whom, for that pu,rpose" a gun had been given, incau-
tiously placed.it somewhere within the reach of his son, (a lad
it'would seem) who took it up, and hot. surmising that it was
charged, unfortunately it went off and shot a young man, 17,
years- of the only Son of the' Mayor of Grand Frasnoy.
The i,nvoinntary,murderer surrendered himself into the' hands
of jutice:"
Another bla* lead mu to has, been recently dis-
coveiefl is Invernessire, on the, property of Glengary, It
is sitnate•over the top of a rocky ravine; close -at the head of
Loeli Idoety,