The Sun.
London, England, 1832-08-21 00:00:00

of the Master of the Rolls, who has the
best patronage of any law officer in the king-
dom, and who has, as yet, been stripped of
none of it ? In short, there is a proverb which
speaks of " letting well alone," which, as far as
the Master of the Rolls is concerned, he pro-
bably would have been as well satisfied had his
noble chief adhered to it in his case. At the
same time, as far as the public are concerned,
there is another way of looking at the matter;
and if there is really any injustice or inequality
in the relative emoluments of the two great law
functionaries in question, might not the one be
lowered with quite as much propriety as the
other be raised ?—Morning Herald.
As the alterations in the bankrupt law seem
to have so well answered the ends and expecta-
tions of the Lord Chancellor, and as the six
Commissioners in the city have been found quite
sufficient to perform all the practical part of the
bankruptcy business of the metropolis, we take
the liberty of suggesting to his Lordship the
expediency of pausing before he completes his
appointments of Commissioners of Bankruptcy in
the country to act in fiats under the late Act
of Parliament. The Judges who go the several
circuits were by that Act empowered to send to
the Lord Chancellor a list of Barristers, Solici-
tors, and Attorneys practising in the different
districts, to whom, in rotation, the fiats were
to be directed. Now, as it is his Lordship's
intention to do something with the Court of
Review, we cannot see what he can do better
with it than to employ three of its Judges to act
always as Commissioners in the city, and to
send three of the present Commissioners, toge-
ther with nine additional, to the various other
parts of England and Wales, dividing the coun-
try into twelve districts, and giving each Com-
missioner sole authority under every fiat in his
own division. Thus, every Commissioner being
one of the Court of Bankruptcy, every fiat
worked in the country, as well as town, would
be a proceeding in that Court, which is not
now the case ; and many anomalies that at pre-
sent exist would be obviated. Competent and
fit persons to be the Commissioners would
very readily be found, and we are sure that
the change would, in practice, he found
most beneficial. One Judge in the Court
of Appeal is all that is required (if, indeed,
the Court of Review be necessary at all)
and, by thus employing the supernu-
merary Judges of that Court as Com-
missioners, they would have sufficient work to
do, and might be said to fairly earn the salaries
they will receive. Bad as were the practical
results of the old system of the London lists,
it was always admitted that that system was
one of absolute perfection when compared
to the abuses which existed under country
commissions. Those abuses exist now, for the

system is the same now, and, so long as prac-
tising attorneys and barristers are appointed to
act as Commissioners of Bankrupts, so long
will those abuses continue. Now, as in London

the alteration has proved so beneficial, might
not the same benefit be expected from a like
adaptation of practice in the country? We beg
the Lord Chancellor to consider this, more
especially as be talks of uniting the juris-
diction of the Insolvent Debtors' Court with
that of the Court of Review. We think that
such an amalgamation would be the ruin of the
Court. The respectability of its Bar would
cease, and the number of Judges, eight, would
be by far too great. By leaving the Insolvent
Court as it is, and by otherwise giving employ-
ment to three of the Judges of the Court of Re-
view, more public benefit will be done ; and this
is all that the Lord Chancellor requires. Do-
ver, Winchester, Exeter, Bristol, Derby,
Leeds, Liverpool, Carlisle, Newcastle, York,
Lincoln, and Bury, or places in the neighbour-
hood of such cities or towns, might be chosen as
the residences and for the Courts of the Com-
missioners, and in such Courts all fiats in the
district should be worked. Such a plan, be-
sides the advantage of making every proceeding
under it a proceeding in the Court of 'Bank-
ruptcy, will be a great deal cheaper than the
present one, even if the Commissioners have

1,5001. a year each, and the good effects of it
will, we think, be soon manilest.—MorningPost.

It had been our intention not to have further
discussed the Bank question until all the docu-
ments produced before the Committee of the
House of Commons appointed to inquire into
the subject were before the public. We find
ourselves, however, forced to depart from this
resolution by the course taken by some of our
Contemporaries; for the protection of property
must ever be a paramount object, whether our
efforts are directed to check the violence of a
mob or the malevolence of a party in their work
of destruction. Two of our Morning Contem-
poraries have thought it expedient to sport with
fifteen millions of property distributed among
individuals, many of whom, if they were de-
prived of the possession of their share of it, would
not only lose their caste in society,but be deprived
of the common comforts of life ; and this is done
in a spirit of hostility towards the Bank of
England, because the maintenance of that great
establishment is not in accordance with the re-
volutionary spirit of the party to which these
Journals belong, and of which they are the
organs. On this account it is they are as
reckless of consequences in denouncing destruc-
tion to Bank Stock as the poor deluded wretches
who, acting under the influence of irritation
caused by the efforts of revolutionary scribes
and demagogues, fired barns, rick-yards, and
farm-houses, promiscuously as they came in their
way. But what, we would ask, has been pro-
duced in the shape of documents that ought to
give rise to the slightest anxiety as to the affairs
of the Bank ? It has been stated by the Go-
vernor that the dividends are paid out of the
profits or earnings of the establishment over which

r-- -
he presides, and, if this be correct, the income
must be 1,200,0001. The capital is 14,500,0001.,
paying a dividend of eight per cent., which
amounts to 1,160,0001. And, if this be true,
we should wish to know by what legerdemain
the state of the case has been altered since
Thursday.. We believe the securities held by
the Bank amount to 24,000,0001. The evidence
supposed to be given before the Committee of
the House of Commons was that the principle of
management has been to have two•thirds in
securities and one-third in bullion, when the
excbaugep were at par, leaving the action of an
unfavourable exchange to be exhibited in the
reduction of the circulation and deposits of the
Bank to the extent of the bullion exported, the
secqr4is.s remaining stationary. This we believe
to have
been the action from August, 1830, to
March, 184 (14r Pg period of n unfavour-
able exchange; and this being the ease, where
is the chance of a reduction of ttA dividends?
The time will shortly arrive when this mint be
known'
and in the interim we broadly assert
that there is no probability of such an event.
We would desire those who are now croaking
about the affairs of the Bank to Compare its