The Sun.
London, England, 1841-03-29 00:00:00

POLITICAL SUMMARY OF THE

MORNING JOURNALS.

The Times of Saturday, speaking of the Poor-law
Commissioners, with _reference to Friday's debate in the
Commons on the subject, says—" The country by this time
thoroughly understands the Commissioners and their system ;
and even amongst those who, by a strange inconsistency, voted
last night against the limitation of their powers, individuals
were not wanting who denounced in the strongest terms their
arrogance of tone, their unchristian and uncharitable princi-
ples, their gruel dietaries, their harsh, oppressive, and imprac-
ticable rules."—The Morning Chronicle remarks, in allusion
to the new Poor-law Bill :—" The Poor-law stalking-horse
has failed the Tories. The revision of the Bill has un-
masked their hollow pretensions. In whatever mitiga-
tions could be effected, the lead has been taken by
their opponents. The Standard has lustily cried shame
on the Conservatives, although the Standard never
worked the unpopularity of the law as an instrument of
public delusion like the Times. Sir Robert Peel's unmeaning
proposition of five years instead of ten—a term too short for
settled authority, and too long for experiment and the prospect
of further revision, is all that. Toryism, as a party, hai done on
this occasion. And so that weapon also, has fallen from their
hands. They have lost their only hold upon the multitude."—
'the Morning Post observes, in a leading article suggested by
some recent Conservative pamphlets:—" The Ministerial fac-
tion regard Sir Robert Peel, and not without reason, as the
most formidable of their opponents. But they do not act
wisely in getting up sham pamphlets in the name of " Con-
servative Memers," for the purpose of creating an
impression that the great Conservative statesman does not
enjoy the unqualified confidence of the powerful party in the
State, of which he is the recognised leader. Such tricks indi-
cate too plainly that the party which descends to resort to them
is on its last legs, and is conscious of the desperate state of its
affairs. The folly of such self-exposure is conspicuous. As
to honesty, that, of course, is quite out of the question ; but
surely the Whig-Radicals might have been expected to retain
so much self-possession and cunning in their downfal as not to
pro laim to all the world the excess of terror and of hatred
with which they regard the leader of the political phalanx
th,at has overwhelmed and crushed them."—The Morn-
ing Herald thus expresses itself on the subject of the
doctrines of Puseyism :—" That such opinions must quickly
plunge men either into Popery or infidelity, is too plain to re-
quire any demonstration ; and that some loud, decisive, and
unanimous declaration of the whole Bench of Bishops should
take place respecting such anti-Protestant, ay, such anti-
Christian, speculation, is also a matter which must occur to
men of ordinary understandings. The heads of houses at Ox-
ford will not discharge their duty, unless they immediately dis-
claim their sanction to any such monstrous perversions of faith
and reason."--The Morning Advertiser, recurring to the
New Poor-Bill, observes as follows :—" There can be no ques-
tion that many humane amendments might be made, more
especially in the out-door and relief clauses. The public wil-
not—eannot bear them. They are cruel, inhuman, and im.
practicable; and further, they prevent the exercise of j udg.
went on the part of local authorities."
FROM THE EVENING PAPERS OP SATURDAY.
(From the Globe.)
All is changed in the Tory camp since 1835. Then
the Tories professed themselves Conservatives of the
limited monarchy against a democratic republic—of the
House of Lords against the abolition of hereditary
legislatare, and of the Established Churches against
voluntaryism. All is changed. Monarchy, if attacked
at all, is assailed only by the wildest of the Chartists.
Not a murmur is now heard from the middle classes
against lawgiving lords. Voluntaryism, if heard at all,
only mutters feebly in out-of-the-way Dissenting meeting
houses. But the Tories are aggressive. They have put
the Whigs into a defensive—a Conservative position.
The success of the adverstisements of Conservatism
put forth by Sir Robert Peel is adduced by his ad-
mirers as proof unanswerable of his skill as a party
leader. He has increased the numbers of the Tories, until
their present strength encourages them to assume
the aggressive. In 1835 they were 310, in 1841, they
claim to be but 325—an Opposition which in six
years has gained, even by their own account, only fif-
teen votes. We take our data from the author of the
pamphlet—." Peel shall lead - us." The slowness of"
this progress, and he fear lest the Government should
throw itself on any of the great popular questions which
lie at its band, produces the impatience of the leadership
of Peel which " a Conservative Member" expresses, and
which throws the party on the bolder courses pointed
out by Stanley. Year after year rolls by, quarter after
quarter comes, and no Tory finds any alleviation to his
quarterly struggles against duns from any official sources
and salaries. Ten years of salaries have been cut out of
the life of the Tory place-hunter. A gloomy sense of de-
sertion and privation, therefore, makes his life a desolate
thing, of which that of Mariana in the minted grange is
only a fit emblem :
" fie only said, The day is dreary,'—
' Place cometh not,' he said :
He said, ' I am aweary, aweary,
I would that Peel were dead.'"
Sir Robert Peel has been more effectual in swelling the
numbers of the Tories than in fulfilling his Reform
promises of 1835. " Let us disclaim all interest in the
maintenance of any abuse—let us declare that we are
willing to redress any red grievance—and concur in
the application of the best remedy which can possibly
be devised for that purpose." Six years have elapsed
since every clause of this sentence elicited applause in
London and hope in the country ; and yet Sir Robert
Peel has not even tried to remove one single abuse, to re-
dress a grievance, or apply a remedy. The paltry frank-
ing privilege was an interest in 'ho extortion postage too
strong for him to disclaim it. The ardent Reformer of
1835 has not as yet attempted a reform iu 1841.
(From the Standard.)
Mr. Colquhoun's Bill respecting the College of May-
nooth is now printed, and we perceive that it accomplishes
two important objects—it puts an end to a legislative
fraud, and it takes from the College of Maynooth a legis-
lative sanction. The fraud is, that the Act of the Irish
Parliament of the year 1800 (40 Gee. 111., C. 85),
while it professed to subject the College of Maynooth
to a visitation by the Lord Lieutenant, and by five of the
chief judges in Ireland—which, had it been real, would
have afforded to the public some sort of security for the cha-
racter of the instruction in the College—did, in fact, exclude
these functionaries from all knowledge, still more from all
power to interfere with the only part of the instruction which
it was material for the State to know. The act, there.
fore, places in the eyes of the public an ostensible visita-
tion, by which the State is deceived. It is of importance
that this deception should cease, and that the public should
know, what has bees for forty years the truth, that the
State exercises no control whatever over the College of
Maynooth. Mr. Colquhoun's Bill takes from the official
visitors their pretended powers, and places the matter pa
pably before the public

( From the Courier.)
We are glad to observe efforts are making to obtain
a more equitable adjustment of our fiscal arrangement as
regards the importation of Brazil sugars and coffee into
this country for home consumption. Mr. John B.
Moore and Mr. Saunders, from Liverpool, have
been deputed specially upon this subject, and have
had interviews with Lord Melbourne, Sir Robert
Peel, the Chancellor of the Exchequer, the Presi-
dent of the Board of Trade, Lord F. Egerton, and other
influential Members of Parliament, relating to this important
and interesting topic. It is fearful to contemplate that a
trade of such magnitude, and so important as that carried
on with Brazil, should be jeopardised for the want of
timely and just conc2ss:ons to bring the clut'es down to
such a scale as to admit of those products being admitted
for home consumption, which might be done, and at the
same time afford ample protection to our colonial interests.

MONEY MARKET and CITY NEWS,

FROM THE MORNING PAPERS OF SATURDAY.

CHRONICLE—The favourable impression which the news
brought by the Patrick Henry produced yesterday on the
funds has been well sustained to-day, and the complete change
ri
of tone assumed by the Tory portion of the London press,
theirfidettee remarks this morning, has added to the general con-
in the maintenance of peace with America. There
is a general feeling of satisfaction entertained in the Cit
y
in consequence of the pacific character of the news now received, both from and
gloom
wh the United States and Paris. The anx-
iety
the last year are bege ing
hung over the Money Market during
to disappear, and a brighter pros-
pect to snow itself.f trust, also, to receive better accounts
soon from the home WOrnawniutiatc,t‘uring districts, where the unsettled
state of on,- relations
merica t, ad produced a serious de-
presion, and many of the great owners were understood
war must
to have ha
bed recouveryrmuchse to shremoved, or.
As their apprehensions of
confidence wilt consequently
timethe execution ofqorders
revive, and activity again spring u
for the United States. At the same in a
very great revival in our American tradewe cannot look for
until the currency
and banking concerns of the Union are placed u
thee made to
work o f
satisfactory footing. The various States, too, must a more
feel the necessity of proceeding vigorously in
maintaining their public credit, by bringing forwardmeasures to
raise the means necessary by local taxation. Unless steps of
this kind are adopted wherever there is a deficiency, and all
intentions of repudiating State loans clearly and unambig,
ously disclaimed by the state legislatures, it will be useless for
the citizens of America to suppose that their national faith can
be respected, and the classical alltuions of the new President,
in his Inaugural Address, to the virtues of the ancient repub-
lics of Greece and Rome will only excite derision.

POST.—A considerable business was done in the public
securities to-day, and it was business of a more solid an bona
fide description than usual, the transactions being confined al-
mostentirely to our home stocks and for motley-.
London and Westminster Bank were done at 21 to .2L- preen.,
and there was a demand for Commercial Bank of London
shares at an improved quotation, but none were to be met with
at the rates offered. Since the failure of Messrs. Wright and
Co., of Covent-garden, several attempts have, we understand,
been made to form a Roman Catholic private banking establish-
ment, but which, from various causes, have proved unsuccessful.
It appears, however, that an arrangement has been concluded
with the Commercial Bank for the opening of a branch in
the West-end of the town, which is to have the support of
that powerful connection. The banking premises re-
cently occupied 1.), Messrs. Wright and Company, in
Henrietta-street, have been purchased from the assignees of
the late firm by the Directors of the Commercial Ban where
it is intended to commence operations immediately. Several
leading gentlemen have been induced to join the Beard of the
latter, and, so great is the interest felt in the success of the
undertaking, that a wealthy and highly influential Catholic
nobleman has been named to us as having consented to become
one of the trusteet:. The Commercial Bank has the advantage of
being under the guidance of the most experienced and respeet.
able managers that could probably have been secured for it,
and it is in consequence of the additional scope that will no,i
be afforded fur their exertions in behalf of the proprietary, and
the increased strength it has acquired through the accessloa if
the parties to whom we have alluded, that the shares have been
somewhat eagerly sought for by the dealers in this class of in-
vestments.

Two of our Evening Contemporaries— The Sun and Courier
—give a sort of contradiction t,i what we have stated respect-
in.. the sale ley the British and American Steam Navigation
Company of their steamers British Queen and President to
the Belgian Government; but they will, we have little doubt,
discover, before long, that they have in so doing run a risk it
was not altogether prudent to run without the most authentic
information, and this we are very sure they cannot have ob-
tained. Applications were made to-day
to
the agents on the
subject of tonnage by the President for her nxt voyage
to New York, but the answer was, that. no engagement
could, for the present, bet entered into, with regard either
to goods or passengers
the time of the President's
may, being some uncert4inty about
may, for aught Ivo kno departure. That vessel
another passage out and know
to the contrary, undertake
in the service of the
Company. We do not pretendotmo be: informed uon the arti-
cular point. 4so has yet to 411 ' p p proved," as the British