The Sun.
London, England, 1847-07-06 00:00:00

The Stamps, too, have been increasingly productive,
the addition on the quarter being 138,9691., and
on the year 212,8571. The Property-tax has
also yielded an additional amount, the augmenta-
tion on the quarter being 27,355/, and on th..
year 308,024/. The Post-oliice produces 34,0001.
more this quarter than in the corresponding quarter
of last year. The t,t_d increase on the quarter
is 41,4571.: on the year it is 1,004,026/. On
the whole, we repeat, the revenue returns are
highly encouraging, and will, we are sure, be so consi-
dered by the country; for, as before observ,d, the im-
pression was universal that there would be a serious
defalcation. The increase is the more surprising when
it is remembered that, in the qusrter just ended, no sum
was received under the heat of Chine,,., mcqrey, w;iiiL
the total amount of the corresponding last year's qua; ter
was augmented by no less than 440,0001. in the shape of
Chinese money. As trade and commerce are every-
where improving in the manufacturing districts—money
becoming easier—and food very considerably cheaper,
we are justified in cherishing the fond hope, that we are
now entering on a period of unusual prosperity. We
congratulate our countrymen on the bright prospects
which are at last opening upon us.

CHEAP NEWSPAPERS.
(From the Times.)
A respectable Contemporary announced yesterday his
intention of reducing the price of his paper to fourpence
in the course of this month. As there can be no doubt
that a really good paper cannot be published for less
than fivepence, the announcement, of course, implies
that an inferior article will be given, and that our Con-
temporary is driven by sheer necessity to give up his
present terms, and take to a lower business. The inci-
dent of a sudden drop in the world, from a good shop to
a cheap shop, or from a first-rate manufactory to deal-
ing in secondhand goods, is so familiar as to excite no
surprise, were it not that hitherto there have not been
these downfalls in the newspaper world. But the inci-
dent is the same, and means the same, in whatever line
of life it occurs. If our Contemporary could compete
with us at fivepence, or secure enough subscribers at
that price to pay his expenses, we have no doubt that he
would feel no call whatever to open a cheap shop merely
for the good of the public. We beg to ex-
press our unaffected concern that he should find things
going so muck against him. There is room for us
both in the world, and even for many more such.
At the same time we will frankly own that we feel no
surprise at the unsaleable character of his wares. In-
geniously fabricated as they undoubtedly are, they do
not take with us. We can conceive that we might per-
haps want them or might relish them in some other
state of being than that in which it is our fortune, or
misfortune, to live ; but being men, we can neither use
nor enjoy them. Whether the article will be more
adapted to the wants of humanity at fourpence than it
was at fivepence remains to be seen. On a former occa-
sion we presented to our readers some of the fixed items
in the cost ()lone copy of our paper. We beg leave to
repeat them:—
Cost of paper for each copy of this day's
publication
Stamp
Newsvender's profit l*

Price to the Public

Profit
These three-eighths of a penny are all that is left out
of the price of a paper for the other expenses of its pro-
duction. There remain to be paid reporters, printers,
compositors, correspondents foreign and domestic, repair
of machinery, interest on capital, and the numerous
other burdens to which journalism is liable. The staff
and material of a newspaper establishment ought to be
the very best of their kind; and as far as the choice of
men is concerned, the discerning portion of the public
will remember that we have to pay not only for talent
and industry, not merely for the man who will do a fort-
night's work in an unexceptionable manner, but for un-
spotted integrity proved by a life of service. To render
the channels of intelligence proof against continual at-
tempts at bribery in one form or another the most
liberal scale of payment is required; and if once the
correspondence or the reporting of a paper falls into
the hands of needy and ill-requited men, the pub-
lic will be at the mercy of those who will bribe
the highest. This applies with tenfold force to
the case of those who contribute to our lead-
ing columns. They must not only be above bribes,
not only above the suspicion of a bribe and of all private
influence or interested motives whatever, but they must
be assisted and induced to give up other openings and
prospects, and devote all their energies and thoughts to
a task which, with a certain reserve common to all
earthly employments, demands and deserves this abso-
lute devotion. Interested as we may seem in the affair,
we boldly maintain that the public are themselves inte-
rested in keeping up the price of the London daily
paper, which, after all, is the cheapest thing in the
whole world ; for nothing else can be mentioned in
which you can get so much for your money. A poverty-
stricken journal is sure to be always fishing about here
and there for support wherever commercial or political
adventurers may haply be found. Watch a " cheap
John" through the twelvemonth, and you will
find him offering his wares in succession to
everybody likely to give him a price. England ought
to have a thoroughly independent press—a press that
can rebuke and expose Kings, Lords, Commons,
Bishops, clergy, magistrates, functionaries of all sorts,
landlords, manufacturers, farmers, merchants, railway di-
rectors, speculators, and every other class, even while, by
means of its advertising columns, it can turn their folly
or their wickedness into gold. England requires this
protection to its liberties. Already it is discovered, and
made the subject of a rather unseemly boast, that Go-
vernment cannot afford to retain for the public use the
best talent of the day. It is outbid by private compa-
nies. A press in the interest of no one class, but aim-
ing at the common advantage of all, goes far to supply
this want. We belong to the public. We are proud to
think that England is proud of its Times. It is not very
extravagantly taxed for the possession and use
of the first journal in the world. But we feel
that we aro perfectly uninterested ourselves
in the scheme of cheap and inferior newspapers. They
do not touch us. We have not lost one subscriber, one
copy of our sale, or one advertisement, through the ex-
periment which has now had more than a twelvemonth's
trial, even though, as we happen to know,
one of our upstart neighbours has offered to adver-
tise in some instanct.s for no other remuneration than the
presence of a useful and respectable advertisement. It
is commonly sai.l thit cheap things do not interfere with
the sale of good things, but that they rather diffuse a
taste for the article, and in that way ultimateiy enlarge
the class of consume rs. We believe it to be so in our
case. They who start with a twopenny-halfpenny, or
threepenny, or fourpenny journal, will soon not be sa-
tisfied with anything under a fivepenny one. They will
soon find out that underpaid workmanship is sure to be
" scampt." The experience of every class will assure it
that there is no such thing as a cheap and a very good
article, unless, indeed, by means which the honest por-
tion of the community will hardly wish to encourage—
by defrauding creditors, by plundering dupes, by wasting
capital for the purpose of selling things at less than they
cost, and thus injuring those who are compelled to cal-
culate closely, and who feel an honourable ambition to
ve on their just and proper gains.

ST. MARYLEBONE BANK. FOR SAYINGS, 76, WELLBEEK.
STREET.—Established July 5, 1830.—Comparative State-
ment of progress, at specified periods, during the last seven
years.

Open Deposit
Accounts.

Sums Invested with Na-
tional Debt Commissioners
. .

On July 5, 1841... 12,881 £260,852
~ ~ 1842 ... 13,100 275,072
1843 ... 13,820 305,383
~ ~
1844... 14,638 340,509
~
~
ft f t 1845... 15,724 356,265
~ 1846 ... 16,729 346,977
~ ,t 1847 ... 17,939 319,340
WEST LONDON SAVINGS' BANK. Comparative
statement of progress at specified periods during the
last seven years:—On July 5, 1841, 2,509 accounts,
39,5011. deposited; 1842-2,920, 46,150/. ; 1843-3,3971.,
62,0511.; 1844-4,078, 71,4141. ; 1845-4,537, 81,464/. ;
1846 4,770, 87,8431.; and in 1847-4,782 accounts,
83,2901. deposited.
RUNAWAY ENGINES.-011 Sunday afternoon an
accident, which fortunately resulted merely in the de-
struction of a few hundred pounds' worth of property,
occurred at the Brighton terminus. As is usual at the
termini of railways, spare engines, called " pilots" are
kont in readiness to meet emergencies ; and soon after
midday the driver of one of these left the station to get
his dinner. During his absence, William Harrison, the
fireman or stoker, imagining that the boiler wanted re-
plenishing with water, ran out the engine in order to put
the pumps in action •, but instead of immediately
ire,
turning to the place where the driver had left theae_negiann.
he under a wrong impression that he ought to k
ato near,
other line of rails, and not seeing a points:3a
wteirtiihmions-t
jumped down from the engine and turned
on on k
himself, and tried to regain his staon the
noogt,vehloocwietyverd,asshliepdpefdo,rwaanrdd
cHreisasif of the London trains)
line of rails (the arrival platforraone
of which was driven
and smashed two luggage i flice the s t
she narce.B-0 , -
1,0 where a
through the front of r cihnsoentigieineeas
a few weeks since. The t
similar accident occurred
omce had left their desks scarcelywo
clerks of the A
- 2rcelsoncussiOn, and but for this they must
a
vans,
as not only were th f must
e ront wall and
ffice knocked in b
window of the o forced ,hut the desk and
mhvneutbeobthefpocreristhheodc,
various packages were by the luggage van to the
oer
back of the office and smashed against the wall. The
fireman was immediately given into custody, and yester-
etthoereßrligajhotronWmilalagrisdt,rMateesss,rosn.
cd a. y morning
Carpenter hiten,77Ts.
Bt taken e
r b,
a charge, under the sth and 6th Victoria, chap. 55, of
neglect of duty, for which he was fined 10/., or in default
two months' hard labour. The damage to the vans and
office, including some pictures, fur which the company
are liable, is nearly 4001. Yesterday morning a special
train arrived from London with a party of the
" Foresters." The train was a long one, consisting of
23 carriages, and the driver, misjudging the strength ne-
cessary to push the train to the arrival platform, put on
too much steam. At the end of the platform, at the
very point where the concussion just described took
place on Sunday, a second-class carriage had been
placed, and beyond this a " hoarding" had been erected
behind which workmen were already engaged in repair-
ing the disaster. The front carriage of the train ran
Pored
. her
buffersit orced
buffers through this second-class carriage, which
again over the pavement and through the hoarding. For-
tunately the momentum of the train was now exhausted,
and no further mischief accrued.
Mr. Bevan, banker, of Lombard-street, has issued
an address, announcing his intention to offer himself as
a candidate for the representation of the city of London
on the Protestant inpre#6 .