The Sun.
London, England, 1822-10-17 00:00:00

mands of this description'would be made on the •
Bank; so that a deposit of one or two millions
in its coffers would propably be more than equal
to any calls made upon it. At the same time he
would strictly advise an association of all the great
monied and honourable-minded individuals in the
kingdom, to unite firmly in support of the Na-
tional Bank, and with it of the National credit
firmly attached to it, and to meet with due repro-
bation any attempt to diminish that credit. Sup-
pose a set of unprincipled capitalists were to
make any such attempts, and give notice of their
demand for a million or two sterling at the end
of the month, let their names be posted up as de-
termined enemies to the credit of their country,
and their persons marked out to universal repro-
bation. This would effectually prevent any
wanton exercise of the power in their hands, and
do more than meet every compensating ad-
vantage. Under these restrictions the writer
strongly doubts whether any great inconvenient
demands would be ever made upon the Bank,
so that the retaining a million or two in its
coffers would probably more than answer every
useful purpose. It might then issue its pa-
per to the amount of 25 or 30 millions as for-
merly, without risk of failure, and its paper
pass every where, bottomed, as it then would
upon gold. No discount could be apprehended
beyond, at the most, the loss of one month's in-
terest on the deposit made in the first instance of
25 per cent. too trivial and insignificant for notice.
The writer by no means considers this measure
as essentially necessary. As the simple repeal
of Mr. Peel's Act would place things on that
footing on which they had stood for more than
20 years with evident advantage to the nation at
large, but to quiet all possible apprehensions on
that scorer and fix the currency on a gold foun-
dation, he has taken the freedom of suggesting
the above measure as likely to answer every ne-
cessary purpose, and even placing the paper cur-
rency on a firmer foundation than ever. Should
the experiment fail on trial, and unprincipled
individuals, notwithstanding every precaution,
should make attempts to the injury of the Na-
tional credit, a simple conditional repeal of the
Bill abrogating the provisions above stated, would
at once remedy the mischief, and place things on
heir former ground.
Ewhurst Park.

J. S.

LIBERALITY OF LANDLORDS.

Between two and three years ago, the late
William Hamilton Nisbet, Esq. of Bellhaven and
Dirleton, allowed his tenants a reduction of ten
per cent. on their rents) in consideration of the
then depressed state of agricultural progress, and
last summer, when prices were still farther re-
duced, with every prospect of the fall being per-
manent, it is understood that his considerate and
generous mind was seriously employed in devising
kproper plan for giving speedy and substantial re-
lief and happiness to the numerous tenantry on his
valuable estates, but which his bad health pre-
vented being carried into practical effect, and
soon after the tenants had to mourn the loss of
a landlord to whom, with well-founded •confi-
dence they could look for protection and relief,
while many around them were reduced to des-
pair. That the security and happiness of the
tenantry, on an extensive property, is deeply af-
fected by, and mainly dependent upon, the dis-
positions and principles of the family character of
the owner, is a fact notorious to the n.ost super-
ficial observer, and which perhaps was never more
strikingly illustrated than on the present occa-
sion : For in theie times of general distress, or
absolute ruin, among agriculturists, the tenants on

.he estates of Dirleton and Belhaven received a

letter from the factor, expressing the pleasure
he had in communicating to them the gener-
ous determination of Mrs. Hamilton Nisbet,
principal trustee of her late husband, to allow
a deduction of nearly twenty-five per cent. on
the whole of last year's rent, credit being given for
about 15 per cent. of the rent paid at the preceding
term of Candlemas. That reduction proceed on
the conversion of one boll of what at the medium
fiars of the county for every 38s. of rent, the
reduction not to fall below one-third of the
money rent contracted for in the leases, with
farther intimation, that Mrs. Hamilton Nisbet
Ferguson meant to take the rents on the same
principle during the currency of the leases ; and
it is well understood, that in this Mrs. Ferguson
had the hearty concurrence of her husband, R.
Ferguson, Esq., of Raith. What tended still

more to enhance, were it possible, such true
greatness of mind, as was exemplified in the
conduct of these highly and deservedly esteem-
ed Ladies, was, that not a word, not the
slightest whisper, was heard of any such mea-
sure being contemplation until it was
officially announced to those concerned. No
circumstance whatever, for many years past,
has produced such a sensation in the country as
the above communication did that day in the
market of Haddington, when it was made.
public ; as every where men were seen, either
eagerly asking of their neighbours if they had;
heard the news, or heartily congratulating
their friends and acquaintances, the tenants in

question, on their good fortune in holding their
farms under such a family, who, along with the
fervent good wishes and prayers of every indivi-
dual on the estates, have the pleasing satisfaction
of knowing, that amidst the general despondency
and distress, their grateful tenants enjoy a cheer-
ing prospect of being able, with industry and
economy, to earn a subsistence for themselves and
families.—(Edinburgh Star•.)

A NEW VELOCIPEDE.—A shoemaker of New-
ark-upon-Trent, in Nottinghamshire, has invent-
de a velocipede, in which. he has travelled, in
fine weather, sixty miles a day. The machine
consists of three wheels ; one behind, about 3
feet in diameter, over which the inventor sits;
it is worked by the hand, with two short handles
(without any great exertion), which set two
wheels in motion ; these operate upon two levers,
which set the machine going at the rate of six
miles per hour. The traveller has two iron stir-
rups, in which he places his, feet : they keep him
'steady in the seat. The ease with which it is
impelled and turned round is admirable. We
have not been able to learn the inventor's name,