The Sun.
London, England, 1832-06-29 00:00:00

SPIRIT OP THE PUBLIC JOURNALS.

By the accounts received yesterday from Ger-
many, it appears that the political agitation of
that country, especially of the districts near the
Rhine, continues undiminished. There exists
an apprehension that the Diet of the Confe-
deracy is about to adopt, under the influence of
Austria and Prussia, some very arbitrary mea-
sures, with the view of counteracting the present
popular spirit ; and this apprehension, it may be
pesumed, tends not a little to augment the
public discontent. The Count von Munch-
Bellinghausen, who is the Austrian Envoy to
the Diet, and also the President of that body,
has arrived at Frankfort from Vienna. This
diplomatist passed through Munich, where he
arrived on the 19th, and spent two or three days
in deliberation with the Bavarian Government,
which is suspected to have entered into the views
of the other two Powers. The Count, it is un-
derstood, brings with him propositions for con-
trolling the press and suppressing popular meet-
ings in Germany, of the adoption of which by
that Assembly we are afraid there can be but
little doubt. But, notwithstanding this mena-
cing state of things, the activity of the popular
party is not abated, and such of the represen-
tative assemblies of the small States as are in ses-
sion display an independent spirit. Even in the
very seat of the Diet a strong opposition is mani-
fested. The Suabian Mercury says, that in spite
of the warning given by the Senate of Frankfort,
in compliance with the decree of the Diet, the
Frankfort Union for supporting the liberty of
the Press had a meeting on the 14th, and
transacted its business undisturbed. On the
same day an interesting sitting of the States
of Electoral Hesse took place. The subject to
i,.)e decided on was the law for the formation of a
Burgher or National Guard, the mode of or-
ganizing which has been long a subject of dis-
pute between the Assembly and the Government.
All the galleries overflowed with auditors at an
early hour, and the different questions which
arose were warmly debated. It seems, however,
that the Government party had thought it advi-
sable to yield most of the points in dispute ; for
the Hanover Zeitung says, that the law, as
modified by the report of the committee, to
which it had been referred, was carried by 39 to
2, and that it would receive the assent of the
Government. A law of the press, equivalent to
that framed for the Grand Duchy of Baden, is
the next measure claimed by the Hessians, and
that, the papers of the Electorate say, will soon
be obtained. It remains to be seen how far the
authority of the Diet will be able to disappoint
this expectation.— Times.
Some eloquent appeals were made last night
on behalf of the unfortunate Poles. Lord Pal-
merston observed, that " it was the interest of
Russia to take a very different course, and to
attach the people of Poland to her Government
not more by the justice of her policy than by
the concession of those institutions which were
known to be most agreeable to their feelings."
It is the interest of all men to be good—of all
Governments to be just and humane ; but history
tells us that no nation held in subjection by
another, experienced kind treatment. Why, the
very jealousy of attempts at independence will
always be in the way of such kindness. Eng-
land is barbarous than Russia ; but even yet
England has been constantly wasting her own
resources in perpetuating misgovernment in Ire-
land. The Poles and the Russians have much
to forget before they can have confidence in each
other. We wish it were as easy to point out
how Poland can recover its independence, as it
is to predict that it never can be happy under
Russia.—Morning Chronicle.
The public are viewing with intense anxiety
the proceedings and ultimate decision of the
Bank Committee. The result of this critical
and most important legislative inquiry involves
no less than the prosperity of the vast trading
and commercial interests of the empire, and
the remunerating price of the labour of the peo-
ple of Great Britain and Ireland—to say nothing
of the deep stake of the great Colonial System
dependent on our Government. It is of infinite
importance to our future well being, that this
momentous investigation should be conducted
with perfect impartiality, and probed to the bot-
tom. All well-informed men now admit that
the alternate robberies perpetrated on the
debtor and creditor interests of the community,
have been most fraudulent and destructive; that
property has changed hands, and profit and loss
been regulated by the Currency—and the Currency
ruled by the folly of the Legislature. A debt
of overwhelming magnitude, and corruptions of
Government unparalleled in the history of any
other country, have been reared on the founda-
tion of the Bank Monopoly. An unlimited
Paper Currency at one time, and a restricted
Metallic Currency at another, have destroyed all
security of property, and wrought more artificial
prosperity, and more cruel and grinding mone-
tary devastation than any mere political convul-
sions of society. Nothing can be more absurd
than vesting in a great private corporation of
monopolists the regulation of the circulat-
ing medium of a nation, and to suppose
hat they will manage the money concerns
of the public with disinterestedness, when
they are themselves constituted a monopoly
cor private advantage, and are moreover deeply
involved with Government. They cannot,
in the nature of man and trade, at the same
time be true to their own sinister interest, and
just to the public. The errors and consequences
of past legislation, and the artificial situation of
our money, trade, and commerce, may render
it impossible to act on first principles, or to pre-
vent an eventual renewal of the Bank Charter ;
but the Committee would be deeply culpable, on
irtial and incomplete evidence, at this late pe-
riod of the Session, and in an unreformed
House of Commons, to shut up inquiry, and to
renew, for a long term of years, the abominable
and destructive monopoly enjoyed by the Bank of
England. Doubtless the Bank Directors, and
the numerous cortege dependent on their palm--
manufactory and discount-shop, are sensitively
alive to the dangers of the Committee probe,
and anxious to persuade Ministers prema-
turely to close the investigation, and to
renew, for a long lease, their patent for re-
gulating our monetary system, and their exclusive
profit as bankers to the Treasury. Equally ob-
vious it is that the late firm of Messrs. Peel,
Goulburn, Herries, and Company, and others
who have been heretofore connected with the
Bank of England and the Government, should
he anxious to stifle the voice of the nation, and
to oppose a full inquiry into the state of the
Bank and the national concerns. Some persons
also will be solicitous to render Lord Althorp
and Mr. Poulett Thomson unpopular, by per-
suading them to lend themselves to a juggle and
compromise ; but we greatly mistake those states-
men if they will lend themselves to the trick.
We now doubt whether it would be expedient
to renew the Charter on beneficial terms to the
flublic, even for one year. The whole subject