The Sun.
London, England, 1834-04-02 00:00:00

barrassment in the state of our markets, or the operati, ns
of trade. Our agricultural productions, and manufactures
generally, bear a good price; foreign exchange is at its
lowest rate ; the balance of trade is decidedly in nu
favour, and the precious metals are flowing in upon us
from South America, Mexico, and Europe. None can
doubt the power of the Bank to create embarrassment
whenever its managers deem it expedient. In four
months, commencing with August last and ending with
November, it called in 9,707,245 dollars of its loans. As
the state banks could not commence extending until they
began to receive the public deposits in Octoher, and from
that till December could not, in their extension, keep
pace with the curtailment of the Bank of the United
States, it is evident that such rapid curtailment by the
Bank of the United States must have created some sen-
sation in the commerce of the country. But it is easy
for the Bank of the United States to produce universa
embarrassment, without aggregate curtailment of its ac
commodations, by calling in rapidly one month, letting
out the next, and calling in again during the third ; while
it loans out in one place what it curtails in another, and
in this manner falls upon all the commercial cities in ro
tation, it may more effectually embarrass trade than by a
steady curtailment. When the policy of the Bank is un-
steady and capricious, producing a scarcity of money to-
day and an abundance to-morrow, to he succeeded by a
greater dearth the next day, it is impossible for merchants to
conduct business with safety, and prudent men will restrict
or discontinue their operations. The Bank has long
enjoyed a large portion of the business of domestic ex-
change, and whenever it chooses to- cut off.the supply in
any or all directions, embarrassment amid 4ifficulv natu- .
rally ensue.

"; There is much reason to suspect that the Bank has
been managed for the last six months with a view to em-
barrass the community, as a means of operating on public
opinion, and controlling the action of Government.
" In the proceedings of the Bank in relation to domes-
tic exchange, as far as known, are perceived indications
of a disposition to use the power it possesses through that
branch of its business for the purpose of producing ex-
citement and distress.

" The Government Directors inform us, in their me-
morial, that on the 13th of August last, two weeks before
the Treasury agent returned from his missom to confer
with the State bank-, and five weeks before the determi-
nation of the Executive was announced, the Board of
Directors adopted a resolution, declaring—
" That the bills of vchange purchased at the Bank,
and all the offices, except the five western offices, shall
not have more than ninety days to run. That the five
western offices be instructed to purchase no bills of ex-
change, except those payable in the Atlantic cities, not
having more than ninety days to run, or those which may
be received in payment of existing debts to the Bank and
the offices, and then not have more than four months to
run.'

" The Government directors inform us that on a sub-
sequent day a series of resolutions were adopted for re-
ducing the business of the institution, and authority given
to the committee on the offices to modify them at
plea-
sure, and although a strenuous effort was made to require
. them to report such measures as might be directed by
them to the Board, the proposition was voted down.
" Thus, in direct violation of the charter and in defi-
ance of all prudence and propriety, was the whole power
of this vast and powerful corporation to relieve or to op-
press vested in a committee, who are not subject to the
responsibility of even making reports to the Bo,ird of
Directors. A few irresponsible men; issuing secret orders
from their private chamber, possess more power to dis-
tress the American people than any depapnent of their
government, or all departments, by an act short of a de-
claration of war. What the resolves and orders of this
po-ent body have been we have no means of knowing.
The President of the Bank, who is ex-officio a member of
this committee, and undoubtedly directs its operations, is
also clothed with unlimited power to set the press in
motion for the purpose of promoting the views of the
Bank. For months those pi erses which are known to
have been sustained by enormous loans, and those which
have received the most liberal allowances for printing,
have been incessantly engaged in an effort to spread alarm
and dismay throughout tire land. It is impossible not to
suspect that the secret management of the Bank, and the
use of its funds by its president, are in perfect concert
with their dependent and devoted presses, all aiming to
create a 'general panic, and produce the same result. That
result is the restoration of the deposits and the recharter of
the B.:1k.

" It any thing was wanting to confirm these suspicions,
the alleged refusal of this Balk to co-operate with the
state banks in their laudable efforts to relieve the exist-
ing pressure upon the community in the larger com-
mercial cities is sufficient to remove all doubts from the
minds of the most incredulous.

" It is due to the country that the source of the em•
barrassments which oppress a portion of its commerce
shall be laid bare. Should they appear to spring sorely
from the management of the Bank, wantonly and wickedly
directed to produce them, it may become the duty of Con-
gress to resort to all the means within their constitutional
authority to check its career.
" If it shall appear that the Bank, by means of its
money and the presses under its control, has wilfully and
intentionally produced these embarrassments, and if its
power , has thus been abused-, it cannot be endured
that for two years longer it shall be suffered wan-
tonly to excite alarm in the country, to direct a pres-
sure first on one point and then on another, enlarge at
one place and contract in another, for• the purpose of
continuing to the end of its existence the evils which
there is too much reason to believe it has already in-
flicted on the community. If, upon examination,
it shall be found that it has been guilty of
such offences, its charter cannot be too soon termi-
nated, and a scire facias would be imperatively de..
manded to put an end to its machinations against the
peace and interests of the people. The Government owns
7,000,000 of its stock, equal to one-filth of the whole
amount. It is the duty ot Congress to see that it be not
used to oppress the people, and subvert the principles of
our government. Of every 100,000 dollars spent by the
President of the Bank, or distributed to advocates under
the name of loans, 20,000 belong to the people ot the
United States. That their property may not be wasted,
that the cause of their distress may be ascertained and a
remedy applied, and above all, that their own funds, and
the money and the power of this corporation may not be
employed to subvert the principles of their government by
controlling their elections, the committee deem it neces-
sary that there should be a thorough investigation into
the alleged abuses and corruptions of that institution, and
particularly into the details of its management for the last
six months. To this end, they propose a resolution to
invest a committee of the house with power to make such
investigations.

Wheat.

:Per Quarter. s. to s.
Boston 4O 50
Gainsborough 57
Grantham*. 46 50
tirimsby 42 48
Horncastle 44 49
Lincoln
Spilsby 44 48
45 50
46 56

" 'l. Resolved, that the Bink of the United States
ought not to he rechartered.

" 2. Resolved, that the public deposits ought not to
be restored to the Bank of the United States.

" '3. Resolved, that the state banks ought to be con-
tinued as the places of deposit of the public money, and
that it is expedient for Congress to make further provision
by law, prescribing the mode of selection, the securities to
be taken, and the manner and terms on which they are to
be employed.
" '4. Resolved, that, for the purpose of ascertaining, as
far as practicable, the cause of the commercial embarrass-
ment and distress complained of by numerous citizens of
the United States, in sundry memorials which have been
presented to Congress in the present session ; and of in-
quiring whether the charter of the Bank of the United
States has been violated, and also what corruptions and
abuses have existed in its management ; whether it has
used its corporate power, or money, to control the press,
to interfere in politics, or influence elections ; and whether
it has had any agency, through its management or money
in producing the existing pressure; a select committee be
appointed to inspect the books, and examine into the pro-
ceedings of the said bank, who shall report whether .he
provisions of the charter have been violated or not; and
also what abuses or malpractices have existed in the ma-
nagement of said bank; and that the said committee be
authorised to send for persons and papers, and to summon
and examine witnesses on oath, and to examine into the
affairs of the said bank and branches; and that they are
further authorised to visit the principal bank, qr any of its
branches, for the purpose of inspecting the books, entre,
spondence, accounts, and other papers connected with its
management or business; and that the said committee be
/ es:pilled to report the result of such investigation, together
w►th the evidence they may take, at as early a day as
practicable.' "

,
. tir nt
POLICE INTE
-
MA 11Y LEIV,_ 11.--.::*fiiiki >. A )
Yesterday Mr. Janus Ohgpi:Et e,t11:4- re
and money-taker at tine Emir --.' \ztrerfidli6 ...,
ham-street, Tottenbarn-court's4l`,,ia ' etl-.tier..sty
Mr. SHUTT, the presidirg magitii"--' - •• ansat
7 I -
following extraordinary ch o arge f letolitztlf it
preferred against him by Mr. Henry Alayliew(,"one
of the proprietors of the theatre.
It appeared from Mr. Mayhew's statement that,
after the closing of the performances on the previous
night, the defendant was requested, as usual, to de-
liver up the receipts taken that evening, in order
that the money might be appropriated to the pay-
ment of the performers, and other persons engaged.
at ''the establishment. This,however, the defen-
dant
resolutely refused to do, which led to i scene
of the greatest disorder and confusion, and which
was ultimately terminated by Mr. Mayhew giving
the defendant in custody of a constable, on a charge
of having embezzled the receipts of the house in his
capacity of money-taker.
—Mr. Olier, in his defence, contended that Mr.
Mayhew had no right whatever to call him to ac-
count for the money he received, inasmuch as he
was sole manager and had possession of the house;
of which he held the key. He then went on to ex-
plain:the affair, and stated that, by a trust-deed
which he held in his possession, he was empowered
to hold the money for the purpose of liquidating
various claims upon the house, and it was not till
after these demands had been satisfied that the
actors were entitled to share the receipts.
Mr. SHUTT having examined the deed alluded
to, observed that there were no grounds whatever
for the present charge. It was a simple question
of right, over which he had no jurisdiction, and
must be determined in a court of law.
Mr. Olier was accordingly discharged.
The office was much crowded by performers
attached to the theatre.

WORSUIP-STREET.
BRUTAL ASSAULT.—A tall ruffiani-looking
fellow, named Daniel First, a blacksmith, was
charged with brutally assaulting his wife, a woman
upwards of 60 years of age. The poor woman,
on entering the witness-box, presented a shocking
spectacle, both her eyes being terribly swollen and
black, as also the lower part of her face. She
stated that the prisoner, on Saturday night, returned
home drunk, and without any provocation on her
part knocked her down, and on her getting up be
struck her three tremendous blows in her face, after
which he deliberately walked off to bed, leaving her
bleeding.
A police constable deposed to hearing the cry of
" Murder," and on entering the house he found com-
plainant sunk on a chair in a state of insensibility,
and bleeding about the head profusely.
The prisoner, in his defence, said his wife had
" a tongue like a devil," and that she threw a pail
of water at his head.

He was fined 5/.; or two months' imprisonment.

QUEEN.SQUARE.

Yesterday an investigation took place before
Messrs. WHITE and I3URRELL, at the request of
Lord Dudley Stuart, with respect to two poor Italian
boys, who were committed for fourteen days to the
House of Correction on an alleged charge of begging
in the streets.

It appeared that on the previous evening two
Italian boys, from twelve to fourteen years of age,
were brought before Mr. BURRELL charged with
begging in Wilton-crescent, Pimlico, one with a
monkey, and the other with a cage of white mice.
On the evidence of the police Men Mr. BURRELL
committed the boys to the House of Correction for
fourteen days, and ordered the monkey and cage to
be sold to pay their expenses in prison.
Yesterday afternoon Lord Dudley Stuart came to
the office, and had a long conversation with the
Magistrates on the Bench, and stated, that it was
his impression that the lads were not begging. He
had invited a number of the poor boys, it being
Easter Monday, to his house, in order to give them
a feast, and they were waiting at his door in Wil-
ton-crescent, with about a dozen more, to be ad-
mitted, when the police constables took them into
custody. His servants went out and told the po-
licemen that he had ordered them to be there to
have a feast, but they (the policemen) persisted, in
spite of anything that could be said, and took the
boys to the station-house.

Lord Stßaft said that he should represent the
case to Lord Melbourne, in order to procure the li-
beration of the lads.

Mr. BURRELL said that he was aware that any
representation his lordship would make would be on
the ground of humanity towards the boys, but, be-
lieving, as he did, that the boys were begging, he
only did his duty by committing them.
After some further conversation, it was agreed
that his lordship should call at the office on Thurs-
day afternoon, and that in the meantime the whole
of the case should be represented to Lord Melbourne.
His lordship thanked the Magistrates, and retired,

THE MARKETS.

cf)UNTRY CORN MARKET'S DURING THE WEER.

Barley. I Oats.
-------.

8. to 8.
25 32

Beans.

8. to 8. S. to a.
14 19 32 40
18 40
17 21 3C 34
14 16 32 36
17 21 28 30
13 20 32 40
16 18 32 38
16 24 38 40
15 22 29 38

26 30
26 28
24 28
27 31
24 28
26 49
24 30

NORWICH, March 29.
Wheat (per qr.) .. 403 525. 60s. BQans (per qr.) :13s. 345.
Barley ---. 938. 265. 365. Pease, Grey---.. 365. 475,
Oats 20s. 225. 245. Flour, fine (per sack) 41s. 435.

CANTERBURY, March 29.
Wheat, 575. to &Is. —s. to —s.
48s. to 6 Old —a. to —s
Barley, Malting 265. to 325. Grinding.. 225. to 275.
Oats . 20s. to 255. 20s. to 28s.

31s to 355. Old. a,

to 341'..