The Sun.
London, England, 1823-02-21 00:00:00

TILE LONDON j6WINALS

VATIIACTS 1) %I LY 11t011.11Nif TAPERS

February SI, 18'23.

[MORNING CHRONICLE. j
WO understand the Chancellor of the tatche.
quer will this evening recotnmend to the House ,a
• reduction of Fifty per Cent. upon the Windows,
and Fifty per Cent. upon the House Assessment
Tax. Such we understand is the amount of what
the Chanceller of the Exchequer means to yield
to_ the demands of the Country—a deduction
here and a deduction there, amounting in all to
a sum far below what the public have a right to
expect ; but no one tax or branch of taxation will
be wholly repealed; and the machinery will be
carefully kept up, that eorrupt influence may not be
diminil.ted, and that the extension of taxation,
may be as easy as possible, when the moment
-proves again' favourahle.—We understand that
Mr. Motherly offers a plan in opposition, by which
he proposes to relieve the country immediately
of seven millions of taxes, and yet support public
credit. This proposition consequently must
create great interest and anxiety in the public
mind, but as we.do s'ot profess to know it, we
Ore preelnded from offering an opinion on it.
Itlis proposition of Mr. Maberly is, however, a
-bold 'one, yet we cannot imagine it would be
made but upon the fullest conviction of its prac-
ticability of execution ; and his ability to form a
correct judgment in thew matters Ministers ought
to be the first to all,ow, after the benefit they de-
rived from his putting them in possession of a
method of keeping the public accounts, and saving
them from the errors committed under the old
mode, of which he made such a memorable ex-
poure in the house.

[NEW TIMES.]
As 'to Spain, matters remain exectiy in their
fiormer state. The French liberal Journals con•
gratulzte themselves that the Royalists were
still at iluete on the Bth instant ; " blocked up
there," says the Constitutionnel ; but as Bes.
sieres, the Royalist General, has 5000 men, of
whom 3000 are disciplined, while D'Abisbal,
the Republican Commander, has only 4000;
and as the former was at Huete and the' other
at Vellisco, we do not welt understand what
this blockading means. At all events a large
Royalist force had been for ten days within thir-
Oen or fourteen leagues of the capital,Which`must
rather derange the grand plan of " putting the
frontiers in a complete state of defence." , One
Journal indeed' annount es that Torrijos was ad-
vancing with 3000 men towards St. Jean Pled de
Port'; but on the other hand Minn, it appears,
bid marched away from the frontiers of Barce-
Jana. The French Papers give an interesting sketch
of the life of the late venerable Duchess De Sa.
rente, who for nearly huff a century devoted her
services to the Princesses of France.

rYi 0 n NiNG ERA
Notwithstanding the prospect of the war be•
tweets- France and Spain, the French Annuities
maintein a high price. '1
-'his may, in some respect,
be accounted for. The amount of the French
debt is not more than one hundred and fifty
millions of our money,. and being held by thirty
millions of French people, besides English
it‘ohlers, and people of other European States,
is but trifling in comparison with the debt of
England, amounting to eight hundred millions,
which is held alMost altogether by English
people. In proportion to the quantity of
any. thing, so in proportion, in general, will
be its value we mean, after, any article
shall he recognised as an article possessing valUe
in the opittion of the world generally. Now,
reasouing according to the rule of proportion, a
debt of 150 Millions, diiided among :10 millions
of people, is much less likely to -be depressed
perManently in price by political circumstances,'
than a debt of 800 millions divided among 20
millions of people. The French Annuitiesohere-
fare, which fell from about SS to 76,.are recover-
ing, and are now, at 80, while the English 3 per
cent. Consols, which fell from SO to 71, have
rallied not inure than a half per cent.

[MoitNtNU POST.)
it IS the fashion amongst a certain class of po-
likens to praise the industry, the intrepidity,
and the perseverance.of Mr. Ilume.. We would
remind thia,class, that industry is of little value
in any cute, if undirected by intelligence,
and when employed by a Member of Parlia-
ment in the accumulation of a heterogenous
mass of facts turd opinions, without regard to
truth or falsehood, or authority, and without
the faculty of comprehending, arranging, or ap•
plying thin, for the purpose of presenting their
crude or inipracticable results to the serious attars.
Pion of the Legislature—that, industry, in this
one, is not only a useless, but a very mischievous
quality. We would remind this clan of-politi-
cians that th© high and valuable qualities of in-
trepidliy and porsPi,enuce can only be applied
when beneficial Ands are pursued by wise and
honourable means ; that when ignorance and folly
force their imperfect conceptions upon a grave
and enlightened usaembly, a coarser term may
well supply the place of intrepidity # and that when
the same conduct is eviterated after frequent and
iwinted rebukes, it is much better described by the,
tome of obstinary, than toy that of perseverance.
We wilt venture IQ Wert, that live is no pre-
vious instance in the history of Parliament of a
:Member having brought forward. a motion with
so little of accurate' information upowits subject,
as Mr. 'fume possessed OH that of the Ordnance
Department. It is ap attar disgrace to the Op.
position that such an abortion should have been
brought forth from its ranks,

I-70E Timm]
In thne, Muse of Lords last night, the Marquis
'4O Loftisdo,Wn gave notice to Lord Liverpool that
he shoultl.this evening make some inquiries with
respect to Our foreign relations. The Noble Bart
Lutimated in reply, that Monde), would he a mote
convenient day. The nature of this reply leads
us- to infer, that the important (Ova-ion of
peace or wax Is not yet, decided is but that