The Sun.
London, England, 1824-08-23 00:00:00

/in and other Scrip ? Is the embroiderer of
petticoats, whom we have held up to the ridicule
of mankind, to be suffered to extinguish, in his
Colonies, the rising flame of liberty ; to deprive
us of the commercial advantages we so fondly
anticipated.? Is he to put a atop to the march of
education ; is the distribution of the Old and the
New Testament to be impeded ? On such a mo.
mentous crisis as this :►re all the Civics Parlia-
mentary, and Bar Orators to be silent ? Is there
to be no simultaneous oratorical movement ?
Will the Holy Alliance be suffered to proceed
with impunity ?

[NtW TIMES.]
The transactions of Saturday on the Stock Ex-
change, though limited in their operation, were
rather favourable, both to the British and Foreign
Funds. Consols, which had fallen hi the course of
Friday to 93.,t, recovered to 93i1 ; and it is ex-
pected that they will rise more decidedly on the
payment of the next quarterly dividends. The
South American Securities, which had been
throughout the week in a very depressed state,
!inclement a still more marked improvement. The
Colombian Scrip on Friday was at one moment
done as low as 8 discount ; but on Saturday it left
off at 5i discount. The New Brazilian Loan had
been at 2 discount ; but rose to a discount. The
Buenos Ayres Scrip was at the same discount :
and the Peruvian alone seemed not to profit of
the general ad vance : it was quoted, as on Friday,
at no less that 25 per cent. discount. It is not
a little amusing to hear the declatnations of
Cobbett against the South American Funds.—
" I am for freedom," says he, " but not for
such freedom as Loans give. If any body of
men will make a revolution without Loans,
well and good ; but if they talk of Loans,
if they come to our Jews to give freedom
to their country, I would hang the miscre-
ants."l! ! This violent animosity against the
moneyed interest savours of the Gridiron. It
reminds us of all the old exploded predictions*
that a Hundred Pound Consols would be sold; at
a period that has long since elapsed, for a silver
sixpence. True it is that the great eagerness of
the Peruvians, Colombians, Greeks, &c. &c. to
get hold of English cash, was no very satisfactory
omen of their resolution to work out their deli-
verance with their swords ; but yet a case may
easily be figured in which even revolutionists
might resort to Foreign Loans to aid the struggles
of their country for freedom, without absolutely
deserving to be hanged !

[THE TPA ri.]
Those of our Readers who pay any attention
to the Corn Laws, and Who watch their practical
operation, are of course aware that the average
price of oats, as reported for the quarter ending
the 14th. of August, is such as to admit foreign
grain of that description into the British market
—viz. 2.75. ed. per quarter. The law upon the
subject is, that when the average price of oats
shall reach 275. per quarter, so much of that ar-
ticle as shall have been imported from any foreign
country before the 13th of March 1 822,may be taken
out of granary for consumption, duty free. Oats
bonded subsequently to the 13th of March 1922,
may now be taken out for consumption, on pay-
ing 4e. per quarter duty; and 2s. additional for
the first three months ; as likewise any that may
be imported within six weeks after those three
months shall have expired, if from any port com-
prehended between the I3idassoa and the Eider.
if, after the importation of any grain is permitted
by 55.Ge0. 111., or by the lust Act of Parlia-
ment, 3 Gee. it shall appear that the aver-
age price of that grain for the first six weeks suc-
ceeding the quarterly periods .for regulating the
importation, shall have fallen below the import
rates, the importation of such grain, from all
places between the. Eider in Holstein and the
lii-
dassoa on the Spanish frontier, shall cease,until the
next quarterly average shall have been published
in the LondonGarette. Wehave several letters upon
our ttthle,inveighing bitterly against the fraudulent
practices by. which the averages have been so
modified as to admit foreign oats to consumption,
at a moment when the real state of the market
Would be inconsistent with such a ....snit. Of
the existence of those practices, we know no-
thing—it is possible they do exist, since the law'
invites them. All needless intricacy of legisla-
tion is a direct encouragement to fraud ; but in
this imitative, if the leiter of the law be. evaded,
earl if a consumption of foreign grain be thereby
effected, we can only say that a salutary end
has been produced by a series of roguish
maehinations. To us who are opposed to
the laws regulating the trade in corn, no
Consequence would be more delightful, than
to ace, under their full activity and domi-.
nion, the country deluged with foreign corn; and
the authors of a barbarous system scourged with
the rod of their own cutting. 'Until the cupidity
of the Country Gentlemen shall have been chas-
tised by the inevitable influence of those mea-
sures whichthey have themselves never ceased
to'force upon the Government, we shall not see
a thorough abolition of this abuse. It is nonsense
to talk of moderate but steady prices beim!, hurtful
to the farmers of Great Britain. The effect of in-
creased stability of price must be to give the farmer
more confidence in his own calculations ; and from
low prices must follow in the first instance a cor-
iesponding reductioo*of rents. 'lt is the country
gentlemen, therefore, who fight against a free
trade in corn-4orgetting that from an uncertain
trade, exhibitin,g now a glUt, and to-morrow a
scarcity, they will in their own persons be ex-
posed to a re-action of that precarious and game-
ster4ike destiny which :Urals .the occupiers of
their land, anti, that nothing can relieve them from
such a dPnger, but the-admission into this corn-
trade of that great 'prlnCiple whidt regulates so
beneficially every other--=a freedom of inter-'
course between the Eiroducer and the consumer,
or fit least an intercourse which shall be limited
only by temperate, fixed, and impartial 'duties.
t would no doubt be an improvement upon the
present unfortunate conaltion of the,law, if a re-
gular arid permanent tax upon foreign grain were
to be substituted for those famous averages which
Act as a prohibition of bread, or sometimes as art
unlawful instrument of abutidance But- the heti
of all improvements would be, the perfect free-