The Sun.
London, England, 1851-10-20 00:00:00

!RACING

OCTO'
Harpenden • 21
Newton Autumn 22
Copenhagen
Hereford

NOVEMBER.
Epsom Autumn 4 Hampton Autumn ...... 11
Tarporley Hunt 5 Liverpool Autumn l3
Worcester Autumn 6 Warwick lB
Shrewsbury lO Aberyetwith Hunt 2O

Newmarket Craven l2

Northampton & Pytch-
. ]ey Hunt

TO THE EDITOR OF THE SUN:

Stta,—Observing in your paper some remarks on
the defective state of the banking system of Ireland,
I beg to mention that the defects were fully stated to
Sir Robert Peel, previous to the introduction of the
Bills of 1844.45, and a comparison made between the
prosperous condition of Scotland and the poverty of
Ireland as traceable to the operations of the different
systems of banking in each country.
Equal advantages to those Scotland had enjoyed
were claimed for Ireland.

The measure introduced by the Minister was called
for the " Scotch and Irish Banks," thereby omitting to
discriminate between the two systems.
The Irish system was one embodying the monopoly
of the Bask of Ireland, which monopoly gives the
control of the issues of the whole circulation to one
establishment. The Scotch system did not admit of
monopoly to any.

The same freedom should have been accorded to
Ireland ; the Government debt due to the Bank of
Ireland should be paid off to make us on equal terms
with Scotland. This Government debt absorbs the
whole capital of the Bank of Ireland, and in lieu is
given the power of issuing up to a certai❑ amount
" per certificate." Thus our circulation is based upon
debt and monopoly, while the Scotch was based upon
capital and freedom.

And the Bill of 1845 enacted that no new banks
of issue should be established in Scotland or Ireland,
and this was deemed a good measure of justice.
Scotland, having thriven on a system by which sbe
had a sufficient currency for her trade, was not al-
lowed any more banks. Ireland, having suffered long
from a grievous monopoly which absorbed her bank-
ing capital, was to hare no new banks of issue, but
to remain with this monopoly still arbitrarily ruling
her trade. . _

John Mason, alias Barrett, alias Farr, alias Blind
Johnny, an active member of a notorious gang of
begging-letter impostors, was charged with obtaining
a Post-office order for 4/. 19s. sd. from the Countess
of Shaftesbury by false pretences.
Luke Reaney, an officer belonging to the Mendicity
Society, deposed, that in consequence of a letter re-
ceived from the superintendent of police at South-
ampton, stating that a gang of begging-letter writers
were engaged in forwarding letters to the nobility
and gentr
as if
gentry, dated
t‘ h ‘
e Rev. Priory Williamlodg John Priory-lodge,
andwritten Butler,
be, from this and other information, on that morning
attended at the post-office in Mount-street, Lambeth.
He had not been there very long when the prisoner
THE SEAMEN'S FUND WINDING-UP ACT.—One 0/ made his appearance, and presented a Post-office order
Of
the last public Acts of the last session (14th and 15th Vic-
toria, cap. 102), which will be shortly in force, was to wind office asked him if he was the Rev. Mr. Butler, the
up the affairs of the Merchant Seamen's Fund. The,object of person to whom it
to grant allowance, and pensions to disabled seamen in the was made payable, and he said he
for 4/. 19. 5d.. for. payment. The keeper of the post-
the fund, which was created in the reign of George 11., was was. Witness then made his appearance, when the
merchant service, and to the widows andchildren ofseamen who were killed or drowned in
the service. It is now de-
1h d, and that its affairs should be wound and the ,
dared that institutionhim too well as a con-
Fund"prisoner repeated that he was the Rev. Mr. Butler,
the called the '' Merchant Seamen's airs with him, for he knew
ise isinaequate for the purposes for which it was este- victed impostor, and took him into custody, and also
underten
the
It. edr: 1
demands of persons on the same asiisfiel The Boardup,
are
ethteo
befuninde.deßfoerfonreewt
cantile Marine Act, is empowered to superintend Board of 1 of Shaftesbury.
Countess
Trade, with the assistance of the two officer
choentlreitbuo-f been forwarded by the
took possession of the Post-office order, which had
Mr. Ferguson, clerk to the Mendicity Society, in•
ing-up of the fund. The persons already employed are still ; formed the magistrate that the prisoner belongs to a
of the most determined impostors in England.
jtoandaia,rtyribnuetxettahreranbgenemefietnstsoaf
h had been tried, with other members
contribu-
tions. There are to be no compulsory, but voluntary contri- , gangSorne time ago 9 _
bations, by seamen in the merchant service. In the event of
a seaman dying on a voyage, which voyage is to terminate volent persons at Bath, and, having been convicted of
of his gang, for a conspiracy to defraud several bene-
Kingdom, the
peffroepcteertayreofto s realizedebaemen
is to abnedp ac-1. mt heent r offence,he
prwasis 0 sentenced t ewncaesdretmo
remanded
2ded months'
unti Thursday
y-
to the Seamen's nopital Society. There are 61 sections in' next.
the Act. Mr. Jenkins, landlord of the
,Qcieen Appe public.
cinoutehteedUfnoired The unclaimed 7

The effects are seen in the statements of the pro-
gress of trade and banking in these countries.
The diminution of the population now greatly
alters the circumstances of the country. The indus-
trial power is fast removing from our land, the ques-
tion of applying capital to industry is changing by
industry departing, and the question then will be for
England to furnish both capital and labourers also.
Will she be able to meet the foreigner ?
I am, Sir,,yours, &e.,
Dublin, Oct. 13. PUBLIUS.