The Sun.
London, England, 1824-04-12 00:00:00

THE 140-1VDO:11 JO UttNALS.

DAILY

. _
BA-treats !rein the Morning Papers, April

[TIIS :TIMES.]
.. .

It is now generally understood that the reduc-
tion of the 4 per cents. will be corupleted with-
out any difficulty to Government, as the amount
required to be paid off does not exceed 8,000,000/.
The actual assents are for about 64,000,000/. ;
but to this is to be added, the stock held by
the Accountant-General of the Court of Chan-
cery, that in the hands of foreigners, and the
stock held by trusts es, I%ho are allowed an ex-
tension of time for giving in their assent, the
whole of which may probably amount to
3,000,0001. The amount of the 4 per cent.
stock is about 75,000„000/. It is said to have
been originally in the contemplation of Govern-
ment, to have offered the holders of 4 per cents.
1001. 3 per cent. stock for each 100/. with a
bonus in money ; but which, without any mate-
ral saving in interest, would have entailed a
heavy immediate expence on thu country ; but
that was subseqnently abandoned for the present
measure, which has been successful far beyond
the expectations entertained when it was first
proposed.

General Brant, the Commissioner appointed
by the Brazilian Gove:mnent to negociate the
loan in this country, has arrived in England,
in the Earnest, from Bahia, which place
he left on the ISth of February. So much
apprehension existed at Bahia at that time re-
specting the continuance of tranquillity in Per-
-I.tambuco, that an English ship of war had been
ordered to that place for the protection of British
interests ; and it was expected that Lord Coch-
rane would be dispatched there from Rio by the
Government, to assist in maintaining order, and
to overawe the disaffected.

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[MORNINGCH— RONICLE.]
Our Lisbon Correspondent informs us, that
the late demonstrations on the part of the people
and the troops have made a considerable impres-
sion on the Government. It appears that Count
Subserra (Pamplona) having on the 29th of Ja-
nuary presented a Project of Amnesty to the
Council of State, he was completely overpowered
by the party of the Infante and his Mother.—
After a certain interval ho made a second and
third attempt to bring the same question forward,
but was uniformly opposed by Joaquin Pedro
Gomez d'Oliveira, Minister of the Interior, and
M. Mariuho Falcab, Minister of Justice. In
consequence of this victory, the Infante's party
became so elated and arrogant that they threw
off the mask, and hence they ventured to trample
upon the Marquess de Louie. Pamplona and
Palmella, being alarmed at their, progress, co-
alesced in order to oppose their rivals in the
Cabinet. They went to the King, and de-
clared to him that they would resign if the
other two Ministers kept their places. The King,
who has long been aware of the deep-laid plots
by Which he is surrounded, was compelled to
accede to their request, and he instantly signed
the order for the dismissal of the two Ministers
above-named, and united the two offices, as they
were formerly, in the person of Judge Jose An-
tonio d'Oliveira Leite de Barros, an imbecile
man, 75 years of age, and well known as Mar-
shal Beresford's first Judge Advocate, when he
commanded in Portugal. This appointment has
by no means satisfied the public, yet the manner
in which it has been brou,ght about has been
agreeable to most people, mare particularly, as
it is very generally understood that the Am-
nesty Decree will now appetir, since_its chief op-
ponents have been removed, and the Queen's party
have been humbled. Many persons, indeed,
think that a Charter will also be published ; yet
sotn e time must elapse before this can be done,
for the question is not decided whether the old
Cortes are to give the Charter, or whether the
King is to grant it of his own accord. It was
thought, however, something would be done for
form's sake. These hopes have allayed the.
feelings of indignation which had been excited
by ,the murder .of the Marquess de.Loule, and
the conduct of the Queen and her hopeful son.—
kappears that a new Junta of Directors of the
Oporto Wine Company has been formed, al-
though the official list of the new Members re-
turned had not nee!) publislied.

[MORNING POST.]
Had we expected so immediate a rejection
of,,,Serjeant Onslow's Bill for repealing the
awry Laws, we should have again called the
attention of our readers to the subject in the
early part of the past week. But supposing the
discussion in the Committee would have con-
tinued one or two evenings longer, we waited
to see if any farther arguments in favour of
the measure might be advanced on Thursday de-
serving of serious confutation,. in order to seize
such an opportunity of also restating and enforc-
ing our own opinions. The loss of the Bill
has.consequently in this respect disappointed us,
though in every other regard we heartily Con-
gratulate the country on the event. A t present
it would be somewhat out of place to resuscitate,
however faintly, the consideration of the question,
but we think it must have struck our readers as
singular, that during the whole progress of Mr.
Se.rjeant Onslow's measure, no person had less to
put forward in its behalf than its lion. and
Learned Part at. To .have given the bantling
existence seemed to him, apparently, so great a
bcon to the nation, that the task of matur-
ing -it was entrused to a sort of Overseers,
who had no paternal duty to. discharge, but
from motives of mere humanity endeavoured
to -pOstpone for a few dap the fat- of the
Bill. We also think that the opponents of the
Repeal, however sincere and zealous in their re-
sistance, failed to grapple' with the plausible ar-
gUments of its. supporters in the forcible way
which they have done. The fact should have
bee,n manfully admitted, that the Usury Laws
ohltruct the raising of Loans at a higher interest
than 5 per cent. ; for the right ground of oppos-
ing otbe repeal 9( those laws is the obstacles
which otejr,itaerpose to profligate extravagance.
When men will be found generally to 'contend