The Sun.
London, England, 1851-02-22 00:00:00

J XVIII= .7 Mt

LONDON, SATURDAY, FEBRUARY 22, 1851.

In the Home of Lords last night,
Lord LANGDALE introduced a Bill for the appoint.
meat of a new Vice-Chancellor.

The Criminal Procedure Bill was read a second time,
and their Lordships adjourned.
In the Hou3e of Commons,

Sir B. HALL drew the attention of the House to the
Puseyite practices of the Rev. Mr. MuRrt.A.Y, of St.
Andrew's Church, Wells-street.

Lord JOHN RUSSELL said the attention of the Arch-
bishop of CANTERBURY and of the Bishop of LONDON
had been drawn to the eubject, and that the latter had
remonstrated with Mr. MURRAY, who, however, still
continued these practices.

Mr. A. HOPE lauded Puseyism in general, and Mr.
MURRAY in particular; and, after a speech by Sir IZ.
INGus deprecating further discussion, the matter dropped.
Lord JOHN RUSSELL moved the postponement of the
Committee of Ways and Means on the Badget until
Monday, and stated that be would on that day explain
the reasons of this postponement.
The House then adjourned.

The loud and energetic remonstrances that fiowei
in from all parts of the country, from persons of every
grade and station in society, and of every shade and
variety of political feeling, against the financial
" SCHEME " propounded by Sir CHARLES WOOD
OH Monday evening, clearly and unequivocally
exhibited the state of public opinion on that
important topic. Never, perhaps, was there
evinced so complete an unanimity of disap-
probation. The metropolitan and provincial jour-
nals, Whig and Tory, Protectionist and Free-trader,
Conservative and Radical, faithfully reflected the
views of the parties they respectively represented,
and it would be as difficult to decide which section
attacked the " PRECIOUS BUDGET" with the greatest
vigour and determination, as it would be to find an
admirer and supporter of the financial policy of Sir
CHARLES WOOD.

Under such circumstances, it was manifest that
Ministers could not hope to sustain the mischievous
abortion, or to maintain its incorrigible
author in an important and arduous office,
for the duties of which he was in every
respect incompetent. The mere attempt to do so
would have irreparably ruined their already da-
maged reputations, and removed every reasonable
expectation of their regaining the public confidence
at any future period. Lord JOHN RUSSELL has,
however, acted judiciously and discreetly in bending
before the storm which he could not hope to with-
stand. He has at length discovered the truth
of the fact, which for the last three
years we have been endeavouring to impress
on his mind, that Sir CHARLES 'WOOD is the
evil genius of his Government, who would bring into
contempt and disrepute the colleagues, upon whom he
was forced through the undue nepotism and family
influence of the " GREYS."

If the debate on the Budget had been resumed last
night, and if the Ministers had ventured to support
the series of blunders—of dishonest blunders—
brought forward by their unpopular colleague, there
must have been a total break up of the Cabinet, and
it would have been utterly useless to have attempted to
patch up any new Administration from its shattered
remains. The Premier, however, availed himself of the
locus penitentice that still remained open for him.
He felt that he could not march through the " Co-
ventry " into which his party had been driven with
such a follower, of whom it might justly be said that
any compliment to his honesty could only be made
at the expense of his intellect, and any vindication of
his ability at the total abandonment of his political
integrity. The Noble Lord, accordingly, called a
Cabinet Council, and as yet we can only guess at
the nature of the questions there debated. It is
Probable that the discussion was short, sharp,
and decisive, for the meeting separated within three-
quarters of an hour, and Lord JonN RUSSELL imme-
diately afterwards repaired to Buckingham Palace,
where he had the honour of a prolonged audience
from oar Gracious SOVEREIGN. Subsequently, when
the order of the day was read for the House to resolve
itself into a Committee of Ways and Means, the
Noble Lord requested its postponement until Monday,
on which day he promised to state the reasons which
induced hint to make the application. _ _

From these matters it is manifest that a Ministerial
crisis of no ordinary intensity has arrived, although
we cannot yet venture to speak positively as to its
extent. For many reasons we are inclined to believe
that there will not be a total abandonment of office
by the members of the present Government, but
rather a reconstruction of the Ministry. Of course,
when two at least, if not even a greater number of
the Cabinet, were about to relinquish their
former position, the sanction of the SOVEREIGN
should be obtained to the alteration, and reasonable
time accorded to consider the new policy about to be
adopted. We do not suppose that Lord STANLEY
or the Honourable Member for Buckinghamshire
will be called on to form a Cabinet on Protectionist
principles, or allowed to introduce a retrograde
policy. It is perfectly clear that the country would
never bear the re-imposition of a bread-tax, or a
further addition to the indirect imposts that so
unduly pressed on the industry of the
country, and which the late Sir ltounnT
PEEL endeavoured gradually to remove. The
notice given last night by Mr. HERRIES: as ex-
ponent of the Protectionist views, shows that the
party aim at the abolition of the property-tax, and
not merely at its modification. It is not against the
iniquities of Schedules D or E that they protest, or
against the attempt at charging the prvcarieus earn-
ings of industry 29 highly as the diiidends, interest,
or annual produce of accumulated and realiied pro•
party. No, quite the contrary ; the aristocratic

leaven runs teo strongly throuzh the party to induce
theta to complain of the comthunity i5z,,,e.41, or
r..,ny section or portion thereof being taxed for the ex-
clusive benefit of the fortunate few, the fruges con-
sumare nati. If the views enunciated by Mr. HER.'
RIES should be carried out, farewell to the hope of
the abolition of the unholy taxes on light and air,
on knowledge, or on cleanliness. Any boon in the
shape of remission could only be purchased at the
expense of additional import duties, of new restric-

tions on trade and commerce ; and we tell the Hon.
Gentleman that the country is not prepared to ac-
cept it at such a price. With all his faults,
and we do not seek to extenuate them, there are
many good points about Lord JOHN, and we should
be sorry indeed that the country should lose his
valuable services. Although he has carried the doc-
trine of " finality" a little too far, and although he
might and ought to have averted the Ministerial
defeat on Mr. LOCKE KING'S motion by a timely
concession, and the exhibition of a little
more promptitude, we cannot forget that he
was the author and introducer of the Reform
Bill, and that he has exhibited true and genuine li-
berality on the great majority of questions that have
come before Parliament and the nation. Nor would
it do to abandon the vigorous and manly policy that
has signalized the administration of our Foreign
Affairs, or to entrust that important department to
the imbecility and feebleness of " cet excellent ABER-
DEEN." We want a modification, and not
a change of Ministry, and that we have
no doubt will be the case. Lord JOHN will
enlarge the bases and foundations of his Mini-
stry, and infuse new blood into his Cabi-
net. His resignation will be to this extent,
and no more. It is possible that he may
tender it unconditionally, but he must inform her
MAJESTY, if asked, that it is the influence of the
GREY clique that has weakened his power and forced
him to adopt so painful an alternative—that it is
the PRECIOUS BUDGET that has overturned

his Administration, and that if emancipated from that
thraldom he could hope to carry on the Government
of the country vigorously and efficiently. This
suggestion will be acted on, and we have but little
doubt that on Monday evening Lord JOHN RUSSELL

will state that he has received her MA-
JESTY'S authority to reconstruct and re-organize his

Cabinet, and ask for a further adjournment, to
enable him to carry out the necessary arrangements.
Such a course would avert the necessity of
a dissolution, and the disturbance and excitement of
a general election, which would be by no means ad-
vantageous at this period, and which would pro-
bably not increase the Whig strength at the present
emergency.

Europe is at this moment in a state so terribly un-
settled as to threaten a sudden and destructive out-
break of revolution—if we may believe the Right
Hon. Baronet her MAJESTY'S Chancellor of the Ex-
chequer. Upon the plea of this perilous condition
of the Continent, Sir CHARLES WooD comes before
Parliament for the purpose of demanding the main-
tenance of our miiitary and maritime establishments.
Now, as may be readily conjectured from our
frequent opposition to the redoubtable arbitration
movement, we are little enough disposed to advocate
any wholesale reduction, whether it be in the naval or
the military departments. Our motto, as applied to
the responsibility of national conservation, is nothing
less than the old proverb, which for many centuries
has declared a peaceful; policy as only capable of
being maintained by the continuance of a
warlike attitude. Si vis pacem Para
While, therefore, we are rejoiced to observe
the reluctance evinced by the Administration to
adventure upon any such ill-judged economy as
would tend to deteriorate the energies of our land or
sea forces, we cannot but protest against the reason
assigned by the Chancellor of the Exchequer for re-
fusing to accede to the demands of the pacific sticklers
for retrenchment. Sir CHARLES WooD has observed
in regard to the window duty, that it is reprehensible
not in regard to the principle of a tax upon residence,
but i❑ reference to the peculiar manner of the assess-
ment. More correctly, but in the same way, would
we urge the Ministerial rejection of the request for
a reduction either maritime or military. Our ob-
jection is raised, not against the fact of that rejection,
but against the frivolous and erroneous reason assigned
for its utterance by the Chancellor of the Exchequer.
A blunder of this kind we view as most lamentable, seeing
that it lays the Cabinet open in about its only good
policy to the gibes and the derision of its most Quix-
otic antagonists. The circumstance, however, is
only of a piece with every other portion of the Whig
Budget. If one of two courses has glared upon the
Finance Minister in relation to any subject whatever,
the one right and the other wrong, Sir CHARLES
WooD has contrived most infallibly to select the lat-
ter upon all possible and impossible occasions. He was
adjured to remit the window duty, and under another
form he rendered it yet more onerous and stringent.
He was warned against the danger of imposing a
house-tax, and he thereupon organized a rate to be
levied henceforth upon the mass of domestic resi
dences. He was incited by an accumulation of
reasoning, by an array of deplorable and persuasive
facts, nay, we can even say by a hint
embodied in her MAJESTY'S Speech from
the Throne, to allay the sufferings, to alle-
viate the condition, and to conciliate the long irri-
tated and long dejected agriculturists, and he forth-
with insults their misfortunes by granting them a
miserable little favour like the remission of the im-
ports on the seeds of grass and of clover. So is it
with regard to those financial reformers who, upon a
mistake❑ principle, but, at the same time, out of the
most laudable motives, were for bringing down the
amount of our soldiery and our mariners. Instead of
evading their importunities by a manly declaration
that such forces were at all times requisite, in certain
proportions to every state in Christendom, even
during intervals of prolonged and uninterrupted
tranquillity, the Chancellor of the Exchequer con-
trives to render the justice of his policy in this parti-
cular both dubious and contemptible by talking, for-
sooth, of the unsettled position of affairs on the Euro-
pean Continent.

Why, the reason is nothing short of being an insult
to the common sense of the population. For common
sense assures us that so far from Europe being just now
perilously situated, that is to say plunged into an in-
cipient state of insubordination and revolutionary fer-
ment, it is long since the face of Christendom ap-
peared so serene as at the present moment, when most
of the internal tumults and international bickerings
have been brought to a termination. No war rages
in Hungary. The Cossacks under PASKEWITCH
are no longer desolating the banks of the Danube.
Austria is lapped in a sort of political lethargy. Prussia
has thrust its sword (washed clean again in the waters
of the Eyder) into its scabbard. Italy is again quietly
yielding obedience to its various Princes. Denmark
has no longer to struggle against the treasonous re-
volt of the Duchy of Schleswig. Spain has been re-
lieved of its political incubus—NAßvAEz. Portugal
listens not, as it once did, to a junta formed
in the ancient city of Oporto. Greece has
no dread of the return of Sir WILLIAM PARKER and
his squadron. Turkey finds no repetition of its
former embarrassment at the insolent demands for
extradition forced upon it by the KAIZER and the
AUTOCRAT. Even France has accustomed itself to
look fur the utterance of its destinies to the decrees of
the PRESIDENT and the votes of the Assembly, rather
than to the captains of the Garde Mobile and the
builders of the barricades. Yet it is at this particular
period that Sir CHARLES WOOD, addressing himself
to the British House of Commons, ventures to assert
that the unsettled state of Europe compels us to keep
up to i s customary level the military and maritime
forces of the Government. Surely never was a rational
policy more unnecessarily jeopardized by any more
foolish or more fallacious reason. The absurdity of
the cause assigned for the course about to be very
wisely pursued in reference to the army and the navy of
Great Britain, is, in truth, only comparable to the
general absurdity visible throughout the precious
Budget of our luckless and unpopular Chancellor of
the Exchequer. Scarcely any other official document
could display a similar instance of idle and perverse
fatuity. It remained for Sir CHARLES WOOD to give
a handle for ridicule to the most ridiculous theorists
in the world, the Utopian advocates of the fantastic
system of arbitration.

The Rev. R. Jones bad an interview yesterday with
Sir George Grey.

Tr.---TE ul-RPACTif REPTTBTAC,

We have received the Paris journals of yesterday.
The Committee on the Communal and Departmen-
tal Municipal Organization Law has elected General
LAMORICIERE President, in opposition to M. ODILON
BAUROT. The Vice-President is M. DE LABORDIE.

It was reported that for the future the Assembly
would only hold public sittings three days in the
week, and devote the other three to the consideration
of the organic laws in the bureaux.
The feud bdtween the Orleanists and the Legiti-
matists is now open and avowed; the former accuse
the latter of coalescing with the Republicans. The
Dibats considers that the defeat of ODILON BAR-
ROT by General LAMORICIERE was the result of this
coalition, and recommends that the Bill be withdrawn.
The following is the confessio❑ of the Del Ats as to
the present disorganized state of the reactionary
faction :

" The schism which had more than ever become ma-
nifest in the great party of order has now become more
evident and more clearly defined than ever. The Con-
servative party is to a man tavourable to the Bill; the
great majority of the Legitimatists, united to all the frac-
tions of the Left, from General de Lamoriciere to M.
Michel (de Bourges), has pronounced in a contrary
sense."

The Opinion Publique, the organ of the Legita-
matists, accuses the Orleanists of coquetting with the
Ely see. It thus describes its former friends and as-
sociates :

" With their foreheads yet bruised by the Elgbris of the
fallen monarchy of July, they already dream of a new
establishment, to be built under still more unfavourable
conditions, and the 24th. February, of which the third
anniversary approaches, has not taught them a sufficient
lesson. Their journals call them the men of order par
excellence. We tell them, without violence, but with
some frankness, that they are, without knowing it, the
greatest auxiliaries of disorder, and that they are at this
momnt the pioneers of a new 24th February."
NARVAEZ, who is in Paris, is very marked in his
attentions to the PRESIDENT of the Republic.
The following are the chief items of the weekly
Bank account :

Specie in Paris „.. 367,581:352
Do. branches ... 133,572.451
Bills, in portfolio... ... 57,003,701
Do. branches 83,787.419
Bank notes in circulation ... 419 889,800
Do. departments 92,327,750
Credit to Treastry ... 97,905,948
Private credit account 74,734,939
Do. branches 22,412,538
Specie has increased 34 millions in Paris, and
nearly one million in the branches. The portfolio has
declined more than 4 million in Paris, but remains
about the same in the departments. Bank-notes are
reduced in circulation by nearly three millions in
Paris, but have increased about 1 in the provinces.
The credit of the Treasury has increased by five
millions. Private credits are little altered.

The Bourse was vary thinly attended, and public
securities again declined. The Fire per Cents. opened
at 96f. 45c., and closed at 96f. 35c.; the Three per
Cents. closed at 57E 75c.; Orleans Railroad Shares,
885 E; Rouen, 645 f.; Havre, 2721. 50e.; Great Northern,
475 f.; Avignon, 192 f. 50c.; Vierzon, 4061. 25c.; Bale,
960'.; Bordeaux, 395 f.; Paris and Strasburg, 367 f.
50c.; Tours and Nantes, 248 f. 75c.
BUSINESS ut EIN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, FEB. 21.
Dutch Rhenish, 3 Northern of France, 15—Paris and
Rouen, 255/ ex div.—Paris and Strasbourg, 101;a—Sambre
and Meuse, 3A—Tours and Nantes, 5.

SPAIN.

Madrid journals of the 16th have arrived.

The Cot-nmittee of the Cortes for the revision of the
project for the regulation of the debt, has demanded
copies of all the reports presented to the Government
by the representatives of the home and of the foreign
credi, ors.
The Bolsa was closed.

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