The Sun.
London, England, 1841-09-03 00:00:00

THE SUN, LONDON, FRIDAY, SEPTEMBER 3, 1841.

SPIRIT of the PUBLIC JOURNALS.
FROM THE DAILY PAYERS OF YESTERDAY.
POST.—Sir Robert Peel having acknowledged in em-
phatic language his sympathy with the distresses of the
working people in the manufacturing districts—a sympathy
which every right-hearted man !must feel—his party op-
ponents are not satisfied that he should have any credit
for this sentiment. What signifies it, say they, that he
feels pain at the condition of the distressed working
people, since at the same time he opposes the measures
which would relieve them ? But is this assertion true ?
Does Sir R. Peel oppose measures which, if carried, would
relieve the distress of the people ? The unscrupulous
opponents who try to excite popular odium against
him know that he does not. There are, no doubt,
some who believe that the passing of such measures
as the defeated Ministry recommended would tend
to mitigate distress in the manufacturing districts ;
but of that number it is sufficiently notorious that Sir
R. Peel is not one. He believes exactly the opposite.
He thinks that such measures as have been pro-
posed would aggravate the existing distress. This ap-
pears to be not only his opia: ion, but the opinion also of
large majorities in both Houses of Parliament, and of a
large majority of the Parliamentary electors of the
United Kingdom. And yet in the face of this, for the
purpose of exciting odium against Sir R. Peel, it is as-
sumed that the proposed measures would certainly have
mitigated the distress, and therefore that he who opposed
these measures can have no practical and genuine sym-
pathy with those who are suffering ! We can scarcely
imagine a greater stretch of impudence than that of the
party writers who assume that the new system of taxa-
tion devised by the late Ministers would certainly have
relieved the distress which exists in the manufacturing
districts. We are not surprised at it, however, when we
call to mind that in his closing speech on the Address
Lord J. Russell assumed that the measures proposed by
his Government, and rejected by Parliament, would have
given employment to the labourers who arc now unem-
ployed. •
CHRONICLE.—We have cqpied from a Contempo-
rary Journal a report of a case at Bow-street, on Tues-
day last, in which an individual of property, and con-
nected with the first families in the country, was held to
bail by Mr. Jardine. We always reluctantly insert
cases of this description, and are not sure that public
morals would not gain by the absolute exclusion of them
from newspapers. We now notice the case merely with
reference to the point of bail. The object of bail is to
prevent the escape of the accused party, by which the
ends of justice may be defeated. The case for which Mr.
Bankes was held to bail, is one which men of fortune,
conscious of the truth of the charge, seldom meet. We
do not wish to prejudge Mr. Bankes. Notwithstanding
the very suspicious circumstances, detailed in the report,
he may have been a coward, and not a criminal.
But what we ask, and what the public are every
where asking, is, how came Mr. Jardine to demand no
higher bail for the appearance of Mr. Bankes than he
would have demanded in the case of a mechanic or la-
bourer for any trumpery assault ? Is Mr. Jardine so
raw, so little acquainted with the world, as not to know
that in a case in which a rich man has a strong motive to
escape from justice, he can always obtain two sureties for
the paltry sum of 100/. each ? A rich man can have
little difficulty in indemnifying his sureties, when the
sum is only 100/ ; and, from the Bishop of Clogher
downwards, it is a matter of notoriety that bail is no
obstacle to the escape of rich parties. Mr. Jardine very
probably thinks that public morality is not benefited by
giving notoriety to these disgusting cases; and, as we have
said, we could wish never to see them in the columns of a
newspaper. But when a case of this sort is brought
before a Magistrate—when the Magistrate actually
knows that the accused party is a man of great wealth
(and Mr. Jardine knew right well who Mr. William
Bankes was), we ask, if it is proper that such trifling
bail should be demanded ? What is this but strengthen-
ing the general impression that in England rich men
may always count upon impunity ; and that men suffer,
not for their offences, but their poverty ? Of all inequa-
lities the most offensive is that which wears the mask of
equality. To hold a drunken cobler for a trumpery
assault to bail for an amount equal to that demanded for
a man of rank and wealth, for an offence which carries
with it exclusion from respectable society, is a species of
equality which cannot be too much reprobated.
TIMES.—We rejoice that we may at last congratulate
the country upon the final transference of power from
the hands by which it has been so long unworthily
wielded, into those of an administration which promises •
to be as durable as the stanchest Conservative can desire.
It must be admitted, by all whose judgment is not utterly
warped by faction, that it would be difficult to imagine
a Government which should combine in its personal com-
position more of the elements of stability than that of
Sir Robert Peel. Whether we look to the experience,
the ability, the influence, or the character of its mem-
bers, we find in each a certain guarantee of success. The
Duke of Wellington gives to it not only the lustre of his great
name—a name which, like that of royalty, is a tower of
strength—but the weight of a judgment which, upon
all matters relating to foreign policy, and the internal
and external defences of the nation, is looked up to even
by his political opponents as little less than oracular.
The new Premier and the new Colonial Secretary are
men who far surpass in eloquence and intellectual power
all their competitors in the House of Commons; and, in
the House of Lords, there is no man who can be com-
pared, in these respects, to Lord Lyndhurst (now for the
third time Lord Chancellor), except one whose mercurial
and erratic genius has long disqualified him for coope-
ration with any political party. The acceptance of office
by noblemen in whom the agricultural interest places un-
bounded confidenc" is a complete answer to the insinu-
ation, of which we have already heard so much—that
the champions of that interest are unwilling to as-
sist in such a modification of the present Corn-
laws as Sir Robert Peel has intimated his intention to
propose, for the purpose of remedying the abuses and
evils connected with the present scale of duties. We ne-
ver gave them credit for being so unreasonable, and we
now see, in their accession to the Government, a most
satisfactory security for the accomplishment of those ne-
cessary changes, without the slightest disturbance of the
union existing between all branches of the Conservative
party. The separation of the office of Chancellor of
the Exchequer from the Premiership, is most judicious,
and will form a salutary constitutional precedent for the
future.
ADVERTISER.—Even were the demon of monopoly
to lay his clutches on every other article of trade, it
might be supposed• that at least one solitary exemption
would be made on behalf of food. To tax the staple
article of human food is to assume an attitude of ar•
gonism to the Creator and Benefactor of the w- r
ft
his provi-
dent creatures. It is on is virtually to incur the guilt of audaciou-'
Divine Being to his face that the boy-- --
telling the
device shall be intercepted in 0- •
-ones of
eir course to his depen-
part of the monopolists an
avowal, by actions, if -
purposes shall 1 ,rot in words, that his betdficent
•
he has maw e frustrated, and that the beings whom
se shall be deprived of that food which he
meant llor their sustenance. And such is the appalling
sect of the Corn-laws at this moment ! Myriads
of God's creatures are at this instant enduring the
I horrors of starvation through the operation of these
' accursed imposts, who, but for them, would never
have known what it is to want their daily bread
The Royal Duke, after 'laying down the axiom that
the prosperity of a great manufacturing and commercial
nation depends on foreign trade, and access to foreign
markets,
_concludes his protest by asserting the self-
evident principle, that a system of fiscal laws which ex-
. eludes foreign produce, by imposing high duties on it,
for the sake of protecting particular interests, impedes)
on the one hand, the free course of industry, and on din
other, enhances artificially the cost of subsistence, The
present position of this country affords a painful proof
of the truth of this position. Our trade is not only im-
peded. and, indeed, brought to the very verge of extinc-
tion, by the fiscal restrictions and prohibitions which
stain the Statute-book, but millions of our population
are suffering as much from the effect of these restric-
tions and prohibitions, as if Divine Providente had vi-
sited the land with the calamity of famitte, the protest
of his Royal Highness against mononly, in every shape
or form it may assume, appears 'at a most seasonable
moment.
Perceive that the third edition of the
Times
sRiAs HERALD.—We
dated
~
~,welve o'clock" yesterday afternoon.
That is, abon
the same time that Sir Robert Peel was
..
hst
oy the Great Western Railway, to wait upon
ajesty with the list of a Ministry FOR " authenti-
cation"eriEg
in the only way in which that authentication
celild be procured—namely, " by the high and indis-
pensable sanction of her Majesty." Now, we are enabled
to state, on the authority of our Windsor Correspondent,
that Sir Robert Peel quitted the Royal presence at two
P.M., so that by no possibility could any " authentic"
list have been publishNi or even heard of in London,
until two hours And a half, or three hours, probably after
it had been gravely published by the Times. 'Unless
the Influence of this latter has accomplished the prayer
of the two lovers in the play—
" Ye gods ! annihilate both space and time,"
we must demur to any such idle pretensions to " authen-
ticity" as it has claimed for a paper in which one mate-
rial error at least, upon its own showing, had been in-
corporated throughout the entire of its first and second
impressions. The third left the Times still at issue
with the Post on the question of the Duke of Richmond's
presence in the new Cabinet. ".Aron nostrum—tantos
coniponere lites." Yet we have some right to remind
both our Contemporaries that so long ago as the 21st
ultimo, we published (with the permission of the party
by whom it was communicated) a list of the pro-
bable constitution of Sir Robert Peel's Ministry,
before any of our brethren had promulgated any
intelligence on that subject. The point on which
we were permitted to speak with most confidence was,
the intention, on the part of the Conservative leader,
not to oppose the re-election of the Whig Speaker, Mr.
Shaw Lefevre. The public will not have forgotten, pro-
bably, the very angry comments which that publication
drew down upon us, from contemporaries of all parties.
The predicted re-election of the Speaker, however,
seemed to be the " head and front" of our offending.
Some of the profoundest arguments in the world were
launched against us day after day to prove that such a
notice was preposterous—that such a course would be
instantly suicidal to the Conservative party. It may be
a very great hardship, but it is a very certain fact, that
the nomination and re-election of Speaker eventuated
precisely and literally as we bad foretold.
GLOBE.—The members of the Cabinet, and their
offices, with the exception of several of the subordinate
appointments in the new Administration, are definitively
settled. At the audience with her Majesty, to which
Sir Robert Peel was yesterday admitted, the Royal sanc-
tion was given to the programme submitted by the new
Premier for that purpose. This act of the sovereign,
though merely formal, was, no doubt, performed with
the characteristic promptitude, grace, and self-com-
mand, for which her Majesty is remarkable. Like
her Royal grandfather, our beloved Queen is al-,
ready celebrated for bar firm adhesion to principle.
The observation of George the Third to the first
Ambassador from the United States of America, after
they had succeeded in establishing their independence

of the British Crown, is well known. At his first
audience, and when a momentary embarrassment was
visible in the Minister, on delivering his credentials to
the King, his Majesty said, " I was the last to consent
to the recognition of your independence ; I will also be
the last to violate it." Some such feeling may be sup-
posed to have been in action in the mind of Queen Vic-
toria at the audience of yesterday. The office of Post-
master-General, it is said, has not yet been appropriated.
Lord Lowther, who has been named, and for whom it
was reserved, has, it is reported, intimated a dis-
inclination to yield cordial support to a Ministry,
the policy of which is likely to embrace conces-
sions to the demands of the times much more extensive
than any uncompromising Tory can sanction.
The appointment of Lord Chancellor of Ireland is
a difficult subject with the new Premier. Sir Edward
Sugden, who held the seals under the former Peel-Wel-
lington Administrations, is understood to urge his im-
plied claims with unabated vigour. If the Irish seals bt.,
committed to Sir Edward Sugden, there NI ill be a revival
of the discussion to which his former appointment to the
Lord Chancellorship of Ireland gave rise ; and, if they
be entrusted to other hands, a more distinct reference to
the supposed difficulty in immediately fixing upon a
Chancellor for Ireland would be ungenerous, and perfectly
gratuitous. A difficulty of another kind is said to exist
with reference to the Attorney and Solicitor-General for
England. It is perfectly understood that the Lord Chief
Baron of the Exchequer contemplates an early retire-
ment from the Bench ; Sir Frederick Pollock, who
was the Attorney-Genera of Sir Robert Peel's former
Administration, is as confidently named as his succes-
sor. But Sir William Follett, whose seat for Exeter
is deemed very precarious, if appointed Solicitor-
General, will in such case be compelled to face his
constituents twice ; once on taking office as Solicitor-
General ; and again on succeeding to the office of Attor-
ney-General, vacated by Sir F. Pollock on his succeed-
ing Lord Abinger in the Chiefship of the Exchequer.
This difficulty might be obviated by, as was originally
proposed, appointing Sir William Follett Attorney-
General, and Sir F. Pollock Solicitor-General. But
then, as a Chief Justiceship is the understood privilege
of an Attorney-General, to pass over Sir William Follett,
and appoint the Solicitor-General to the vacancy, al-
though perfectly understood by those in the secret,
would, as a matter of history, be regarded as
a reflection upon Sir William Follett, and, as
a matter of precedent, be considered as a dan-
gerous invasion of the prescriptive rights of the Bar.
It is currently' reported that a negotiation is pending
with Lord Abinger to induce an immediate resig-
nation, with a view to obviate the difficulties we have
described. The First Commissioner of Woods and Fo-
rests—or, as the office is now termed, " First Commis-
sioner of Land Revenues"—is also dependent on arrange-
ments not yet complete. Lord Granville Somerset is
named for this office. The Mastership of the Mint and
the Hea,d of the Ordnance department are also unappro-
priated. The Right Hun. J. C. Herries (who with Mr.
Fitzroy Kelly was rejected at Ipswich, and who is there-
fore without a seat in Parliament), will, it is said, have
the former office.

COURIER.L-The list of Sir 11. Peel's Ministry is now
before the country, and we challenge malignant criticism
itself to deny the extreme aptitude of its individual
mPm-
hers for their respective offices, or its pre-eminence and
superiority, as a whole, over any of its predecessors.—
But it is not only in the unquestionable efficiency of dis-
tinct departments that Sir R. Peel's Ministry challenges
public respect and confidence—it is not that it is illus-
trated in the one House by the matured wisdom of Wel-
lington and the brilliant powers of Lyndhurst, or that
in the other it commands the sharp energetic in-
tellect of Stanley, the financial experience and skill
of Goulburn, the solid and practical acquirement of
Graham--it is not in these respects alone, we repeat,
that it possesses the most undoubted claims to respect
abroad, and reliance at home, or that it contrasts most
favourably with the displaced Cabinet—but in having
a real, efficient chief—a First Lord of the Treasury,
not in name, but in reality. One of the great faults
of the Melbourne Cabinet, and one that gave rise to
an immensity of mischief, was, that it was a mere
combination of separate and distinct departments.
Sir Robert Peel's Ministry will, on the contrary, be
not only efficient in its separate provinces, but be per-
vaded by one intelligence, and informed and guided
by one master spirit. Thus , under whatever aspect we
may be disposed to view the newly-constructed Cabinet,
we cannot fail to find in it the elements of strength, sta-
bility, and duration. The agricultural interest will re-
ceive the appointment of his Grace the Duke of Buck-
ingham to the Privy Seal as a guarantee that in any alte-
ration that may be deemed requisite in the details of
the laws'and machinery regulating the importation of
foreign corn, their claims to adequate and reasonable
protection will neither be overlooked nor slighted, while
the commercial and trading classes will recognise
in the President of the Board of Trade a man tech-
nically conversant with the most complicated opera-
tions of commerce, and from habit and inclination desi-
rous of relieving them of all needless restrictions. It
would be in us an act of unpardonable impertinence to
speak of the exalted legal acquirements which Lord
Lyndhurst brings to the Chancellorship, or of the uni-
versally-admitte professional eminence of the Attorney
and Solicitor Generals. But of all the appointments yet
announced, that which promises to be attended with the
largest share of beneficial results, is the appointment of
Earl de Grey to the Lord Lieutenancy, and of Lord Eliot,
to the Secretaryship, of Ireland. More perfectly unob-
jectionable appointments, or ones that will go further in
silencing carping criticism, and disarming hostility it
would impossible to imagine ; and we fancy we know
enough of the sister country to be assured that neither
Mr. O'Connell's violence or virulence will be able to
counteract the soothing influence which such appoint
ments are calculated to produce on the troubled stream
of Irish politics.
STANDARD.—Thefirst, if nut the great difficulty of
the new Government, is the Exchequer. That difficulty
may, we know, be easily overcome in this wealthy
country ; but it must be overcome early, or its magnitude
will progressively increase, and while it continues it will
paralyse the Government. We say that the difficulty
may be conquered with comparative ease—and we say so
upon the evidence of experience,
nctify the financial state
rst duty of the
effected, we may look forward
new Government will be to
of the country ; this on
provement.
to a long course of good government and effectual
believe that the mere accession
of the Ce-
dim:. • ....servatives to power will go far towards
—dishing the necessity of a very great expenditure,
and we are quite sure that it will obviate such occa-
sional but heavy demands upon the public purse
as were made by rebellions In Canada, wars in Syria,
Affghithistan, and China, and armaments in France.
It is Impossible to read the comments of the Paris
aournals upon the speech of Sir Robert Peel,
without feeling a conviction that already he has
done much to diminish a great expenditure, by
rendering such an expenditure unnecessary to the
honour and safety of the empire. The French people
are not much in love with the burthens bequeathed
to them by the Whig-Radical Administration of M.
Thiers, An assurance at once so respectful and so trust
worthy as that of Sir Robert Peel, will soon satisfy
them that these burdens have been imposed without any
adequate cause, and they will not be slow to consider that
they play an unwise game in subjecting themselves to
heavy taxes and a grievous conscription, with no more
worthy or profitable effect than imposing, though in a
lees degree, the same burdens upon a neighbouring peo-
ple, anxious to live with them upon the most respectful
and friendly terms. We hold it to be even in the econo-
keel view an immense benefit to have at the head of
the Government a man whose capacity and firmness all
acknowledge, whose sincerity is confidently trusted,
and whose love of peace is appreciated by every Govern-
ment of Europe. Such was not our condition under the
rule of Lord Melbourne, and we have now to pay for the
effect or submitting to be ruled by one whose name was
scarcely known beyond the Channel, and whose highest
admitted qualifications, even where he was known,
amount to his merits as a good-humoured, careless per-
son, and " an agreeable diner out."

MONEY MARKET and CITY NEWS
FROM THE MORNING TAPIRS OF YISTIRDAY.)
liEltALD.—The commercial advices from Manches•
ter and Liverpool to-day are extremely unfavourable.
The anticipations under this head yesterday of inure
failures in the former plied rite realized. In addition to
:the one already regorttiJ) d.Zebunts of three more failures
have been t-ucelved to-day; and of three also in Liver-
pool,
the names of which it is not necessary to mention,
as probably some of them may be enabled to restitne
business by seasonable arrangements, There is no rea-
son to doubt now the truth of a statement teceived from
a respectable source some time since to the effect that
one, if not morel of the Lancashire joint:;stocA banks had
been obliged to and hha reetivcd assistance from
the 13ank of Ehglatal, and probably only on the express
condition of curtailing their discounts, and calling in
their advances. With scarcely more than one exception
that of the Manchester and Salford Bank, joint-stock
banking appears to have been extremely ill Understood
in its principles, and mismanaged with singular indiscre-
tion in practice, in the cotton manufacturing districts,
TIMES.--The Government Secnritles Were a trifle
flatter to-day, not because of the extent of sales, or the
delivery of stock, which was made on account of the
bargains concluded some few days since, although both
these circumstances are said to have had their due weight
on the market; but the more prominent cause ascribed is
the withdrawinr, of money by capitalists who wish to
participate in the profit which is expected to be realized
in the approaching negotiation of the French loan. This
has made cash scarcer for all purposes, and even at the
Stock Exchange it is worth from 41 to 5 per cent., and
where accommodation has been pressing, it is under-
stood 5 per cent. has been actually paid. As compared
Ivith the current quotations yesterday, the decline is
nearly ono quarter per cent.
The accounts, both from Liverpool and Manchester,
are such as not to be at all acceptable to the trading
interest, as they announce the failure of three or four
firms, the principal of which were two houses at
Liverpool of some importance. One of these, Messrs.
J. Maury and Sons, are engaged largely in the cotton
trade, and, having encumbered themselves with too
great a stock, and being moreover disappointed of
remittances, which, in regular course, should have
arrived by the Great Western, are compelled for the
present to ask time for the liquidation of their en-
gagements. Their liabilities are said to amount to
upwards of 60,0001., of which 20,000/. are fully
secured. Ultimately, it is supposed, no loss will
accrue, and the creditors will receive full payment.
This house has always maintained a high character.
The other Liverpool house, Messrs. Anderson, Gar-
row, and Co., is connected with the Canada trade, and
although it may occasion some little excitement among
those engaged in that branch of commerce, it will produce
no great effect generally, notwithstanding the firm is ac-
knowledged to be one of some importance. The Man-
chester failures are of houses of no eminence, although
they comprise a large amount of liabilities.
Among the tea speculators in Mincing-lane the publi-

cation of our telegraphic despatch from Marseilles, ad-
vising the arrival of the overland mail, with accounts
from China to the 20th of May, produced but a momen-
tary excitement, inasmuch as the news by this source
does not give them sufficient data on which to found
their operations. Teas during the day fluctuated about
Id. per lb., because of the stated determination of the
Emperor to resist, that being the only fact the speculators
could lay.hold of.

CHRONICLE.—The news from China had no influ-
ence on the value of the public Securities ; the details,
however, are looked forway,d to with anxiety.
The accounts from Manchester and Liverpool this
morning are unsatisfactory. We regret to learn that
several houses extensively concerned in business have
been obliged to lay a statement of their affairs before
their creditors.

Business in the Foreign Market has been again con-
fined to Spanish Actives, in which Stock some consider-
able purchases were effected. The withdrawal of the
Bill for the sale of the Island of Fernando Po is also
looked upon favourably, as it was considered an injudici-
ous scheme, calculated to give rise to a strong opposition
in the Cortes, on the ground that it might lead to a par-
tition of territory. The price asked from the British
Government for the Island of Fernando Po was 60,00C1.,
and it is understood that the Spanish Ministry have con-
trived means for obtaining that sum elsewhere, which
will be remitted to England in payment of interest on
the Indemnity Bonds. The Bill authorising a loan of
60,000,000 of reals having passed into a law, it is re-
ported that the Spanish Government have made impor-
tant progress towards the final arrangement of obtaining
the money, a part of which will be appropriated towards
Ow payment of the Three per Cent. interest on the capi-
talized Coupons.