The Sun.
London, England, 1822-03-19 00:00:00

HOLDERS OF FOREIGN GRAIN.

The following is a Copy of a Petition pre-
sented to Parliament by Sir MATHEW WHITE
RIDLEY, Bart., on behalf of certain Merchants
who are large holders of Foreign Grain at New-
castle-upon-Tyne :

TO the Honourable the COMMONS of the UNITED KINGDON

of GREAT BRITAIN and IRELAND, in PARLIAMENT as-
sembled.
The Humble PETITION of the undersigned MERCHANTS of

NEWCASTLE-UPON-TYNE,
Sheweth, That your Petitioners are considerable holders of
Foreign Corn warehoused under the King's Lock.
That in consequence of the Act of Parliament (commonly
called Mr. Peel's Bill) the value of the currency, as admitted
by a Committee of your Honourable House, has been greatly
increased ; and of course, the price at which Foreign Corn is
admissible for home consumption, must, in effect, have been
raised in an equal proportion.
That from long experience in the Corn Trade, your Petiti-
tioners have no hesitation In ascribing the present low prices
of Corn to the effects of the late Corn Bill, which, by inducing
a belief that 80s. per. quarter would be the lowest price for
wheat, necessarily led to the investment of large capiWs in
Agriculture, and, in the end, has produced a considerable
over-growth of Corn.
That your Petitioners therefore humbly submit to your 'Ho-
nourable House, that a reduction in the Import Limit, whilst it
would be an Act simple of justice to your Petitioners, would
also, (from its tendency to restrain sithin due bounds the cul-
tivation of our own lands) bp permanently beneficial to the
Landed Interest of the Country.
That it appearing to be in the contemplation of your Ho-
nourable House, so far to modify the operation of the Corn
Bill as to guard against the introduction of any excessive
quantity of Foreign Corn, on any future opening of the ports,
your Petitioners, with the utmost deference, further submit to
your Honourable House the propriety of limiting the quantity
admitted to entry in the course of the first three months, exclu-
sively to the supply of Foreign Corn already warehoused in
this country ; as the obvious consequence of such a measure
would be an enhancement of the value of the property of your
Petitioners, unaccompanied by any injury to our own Corn
Growers.

%our Petitioners humbly intreat your Honourable House to
consider the premises, and to grant such relief to your Peti-
tioners as their case may seem justly to deserve.—And your
Petitioners will ever pray, &c.

On Saturday last, at Leafielcl, in the Forest of Wychwool,
in this county, the first stone of the new chapel to be
erected there was laid by the. Right Honourable Lord CHuftc-
HILL. The ceremony was conducted on principles niost
truly pious. Several of the chief inhabitants .testified their
zeal by putting their hand to the work: The scene closed
with appropriate devotion, and select music suitable to the oc-
casion. After which his Lordship, who is a principal bene-
factor to the Chapel, gave •also a further and liberal donation,
to be applied to the ornamental and beautifying parts of the
building.—(Oxford Journal, Nia-ch

We received this morning the Paris Papers
of Saturday, from which the following are

extracts :

PARIS, MARCH IG.—No disturbances occurred either with-
in or outside the churches in which the Missionaries officiated.
It is expected that the Lectures of the Law School will be
resumed the beginning of next week.

FRENCH FUNDS.
March 15, Five per Cents.
Bank Stock 15 88 f. 75 c.

VIENNA, MARCH 4.—The following are the latest accounts
received from Constantbiople, by the last Mail of 11th

February
On tilt Ist of the month several Tartars arrived in the capital
from Chourschid Pacha, with accounts which leave no doubt
of the fate of Ali Pacha.

Immediately after the arrival of the news from Joannina, a
resolution was taken to send Mehmed Pacha, late Governor of
the Dardanelles, as Sefaskier, and first in command after
Chourschid Paella, to the Morea, with a corps of troops, said
to be very well disciplined; and on the sth February, the Cap-
tain Pacha received official information of the actual sailing of
the Expedition from the Dardanelles. It consists of GO sail,
under the command of a Pepeghi Hall Bey, and has on board
12,000 land troops, commanded by-Mehmed
On the 9th there were launched in the presence of the Sultan
and his suite, a ship of the line, of 80 guns, two sloops, 'and
two uncommonly large gun-boats., It seems, certain, that about
the end of March a fleet of 40 sail will go to the Archipelago,
under the command of the Captain Pacha, who will hoist his
flag on board the new ship of the line, Mansur Liva (Standard
of Victory.)

The five Greeks Bishops, whom we lately mentioned,
are still under arrest. The Patriarch sends to them, every
morning to inquire whether they have any orders to give
relative to their dioceses. The Porte has caused a large sum
of money to be given to the Patriarch for the purpose of repair-
ing his metropolitan church and residence, which were da-
maged by the mob in the tumults of April last year.
Nothing farther has transpired of hostilities wish the Per-
sians ; but a strong Turkish Army is said to have assembled
near Erzerum.

EXTRACT OF A PRIVATE LETTER.—M. Tattschitcheff,
Envoy EXtraordinary from the Court of Russia, is arrived here
with powers to treat definitively with our Government, relative
to the affairs of the Ottoman Porte. As the results of his con-
ferences with the Prince de Metternich must be sent to Peters-
burg, it is thought that the new negociations will not be con-
cluded within a month.

MARCH s.—Letters from Leghorn say, that the Greeks are
to cede- to the North Americans a convenient harbour, for which

they are to aid the Greeks with a well equipped squadron,
whkch, however, is to bear the Greek flag.
Letters from Smyrna state,
.that orders have been given in
the districts of Natolia, for the levy of considerable numbers of
men, who are marched to Syria, where the Porte intends to
assemble a large army in the Spring.

Brussels Journals to the 15th, and Hamburgh
Papers to the 16th, have .arrived, but their con-
tents are not of any importance.

It is reported in the Ilainbqrg Correspon-
denten of the 2d instant, that the English Minis-
try are negociating with the Austrian Govern-
ment for the liquidation of the debt owing by
the latter, and which is stated to amount to
thirty-one millions. Whatever truth there may
be in the rumoured negociation, (and which we
deem a very probable matter under existing cir-
cumstances), the debt of Austria is grossly exag-
gerated : when it was brought forward in Par-
liament a year or two ago, its amount was seven-
teen millions sterling.

The Sierra Leone Gazettes, to the middle of,
January, bring the following :
" Governor GRANT had opened au intercourse
with the KING of the Toulahas, by which the
British will probably derive lucrative trade and
African discovery. This kingdom is only a few
days journey from the Niger. ,The following
deaths have taken place on the Gold Coast :
EumINA., the Dutch Governor; ACCRA, Gover-
nor-General of the Danish settlements; and Go-
vernor GORDON of the English settlement. A.
deputation had arrived at Sierra Leone from
ALMAMY ABDAL KADER, King of the Toulahas,
at the head of which was a Prince, and a Maho-
metan Priest and his wife. This singular man
came all the way from Egypt to the Mandingoo
nation, with important information of the geo-
graphy of Oriental Africk; he had passed through
Tombuctoo, and was of an opinion that the Niger
and the Nile were the same river. The French
and Portuguese vessels carry on an active slave
trade."

(Extract of a Letter from Havannah, Jan. 28.)

" At present the communication between this
port and Matanzas is suspended, in consequence
of the number of Patriot cruizers on the coast.
Last evening two brigs of that description were
not more than two gun-shots off the Moro ; this
has caused the delay of the sailing of the convoy
bound to Cadiz, which was in readiness, and will
not depart while they are threatened by so
formidable a foe."

From the conversation in the House of Com-
mons last night, respecting the Alalt Duty Repeal
Bill, it is obvious how little the true and prac-
tical principles of political economy, or rather
the practical application of those principles to the
affairs of the country, are yet understood. On
the abstract principle, it is true, that a reduction
of the malt duty ought to be followed by a re-
duction of the price of beer. Asa practical
measure, it is certain that the reduction proposed
cannot have that effect ; and, even if such an
effect might have followed, that it is far from
being a necessary result. This we distinctly
pointed out, immediately on the proposition
for the reduction of the tax, in our leading
article of the 18th February last. It is worthy
of remark, that the price of spirits distilled from
malt had fallen greatly before the reduction of the
tax; and that the price of beer, brewed from
malt, as is now avowed by the brewers themselves,
will not fall after the tax is reduced ! Let Go-
vernment and the Legislature see, in this, a
practical proof of the fallacy and danger of legis-
lating upon abstract principles, without a dis-
tinct view and comprehensive knowledge of
all the actual circumstances and practical ef-
fects belonging to and consequent upon their
proceedings. It is lamentable to think that,
on principles equally fallacious, and frcm
views equally superficial,— designs are enter-
tained of abrogating the old Naval and Commer-
cial Policy of the country, on which our poWer
and greatness have been raised. All who tho-
roughly understand the actual condition of the
State, and the true operation of the present sys-
tem, aS well as of those unsound and fatal inno-

vations which are proposed to be introduced,
distinctly perceive that the delusive theories of
the fashionable Economists, if further adcipted and.
persisted in, will lead this great nation into irre-
trievable difficulties and irreparable calamity
We implore the Legislature to pause—to appoint
Committee upon Committee, and examine evi-
dence after evidence,—to investigate the propo-
sitions which may be submitted to it throughout,
—and carefully to calculate, not the theoretical,
but the practical results of every measure pro-
posed for its adoption, before it consents to alter.
the policy on which the intercourse with our
Colonies has hitherto been regulated. The
confusion of ideas, which, it is obvious, has

pro-

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