The Sun.
London, England, 1869-06-18 00:00:00

TELE CRISIS.

tome of the Ministerial journals are full of confi-
dence as to the result of the division. The Telegraph
says that the result will be " favourable to Mr.
Gladstone's measure of justice and mercy to
Ireland, and will assuredly strengthen the belief
that the moderation and discretion of the Peers
y, in,
tains
nead bcoond
in-
tricate question,. will vindicate their title to the con-
doefatlhileg with a vexed and
nation."
The Star says that
" The convictions produced by such arguments as
Bishop Thirlwall's may possibly affect even the divi-
sion list, and will certainly establish in the judgment
of posterity the intrinsic Justice and prudence of the
Liberal policy now being carried, in spite of enormous
difficulties, to a successful issue." The Times is less
confident 'than a few days ago, but believes
that "after years will approve the wisdom and the
justice of this (the Lords') reply, and of the conse-
quent acceptance of the Irish Church Bill." The
Daily News believes that Lord Cairns's object in
drawing attention to Mr. Bright's letter is to destroy
the effect of Lord Granville's able speech. The
Morning Post is the most emphatic, and says :—" Of
the result of the coming division there is not now
the slightest doubt, and the country will obtain from
the Lords by a sufficient, although not a large,
majority an assent to the bill which the Commons
have passed and sent up as representing generally
the national convictions. On the other hand, the
Dublin Mail, organ of the Orange party, declares
that Lord Derby and Lord Cairns are riding not to
win, and that Mr. Disraeli purposely moved amend-
ments in the Lower House which could not possibly.
be carried. The Conservative organs ascribe the
confidence of the Liberals to the belief (a mistaken
one as the first affirm) that the Bishops will, as a
rule, abstain from voting.
"tlch Dien" is • given large type by the Times to
explain his idea of 'the function of the House of
Lords, and the nature of a second reading. As to
the first point "Ich Dien" thinks that the House of
Lords represents the people in a different form,
but to the same extent, as the House of Commons.
The House of Commons represents the pressing
exigencies of the nation. The function of the House
of Lords is to 'consider those pressing exigencies as
they bear on the nation permanently, and apply
the result of long experience and almost scholastic
reflection to adapt contemporaneous wishes to the
interests of posterity. As to the nature of a second
reading, "Ich Men ' thinks a misapprehension pre-
vails amongst the peers. According to him, the
second reading of the bill is a stage necessary
for the progress, not of the measure, but of a
measure relating to the Irish Church. The
passing, of the second reading, therefore, by the
Lords in no respect pledges their concurrence to the
principle of the bill. It merely affirms that the
Lords admit that the country requires some mea-
sure, and. they pass it through this stage, without
which they cannot discuss or alter the details. Of
course, if this idea b e the correct one, s 30111 g that every-
body admits that something must be done, to reject
the bill would be a most ill-advised proceeding.

PRICE OF GOLD.

the quota ion of gold at Paris is about at par, and
t e short exchange on London is 2.M. 25e. per £1 sterling
On comparing these rates with the English tllut price of
luid. per ounce for standar,' trold, it appe<.'•s that
gold at the above price is of hi,ghtr value in London than
is Paris.

The course of exchange at New York on London to? bills at 60
da3 a' sight was on the 11th In: r. abont 091 per cent. At this rate
them U 0 pot 0; t;0 izpoltat4Qg Cf $Ol4 1194 Um Visited
Witte!!!