The Sun.
London, England, 1857-05-07 00:00:00

LONDON, THURSDAY, MAY 7, 1857.

This day the business of the Session really corn-
mences. The last week has been devoted to re-
gulating the parliamentary machine, and rendering
it qualified to perform its important functions.
The Royal Speech will be delivered, and P. report
thereof contained in this very impression of The
Sun. -Vague as may be the views, meagre the enun-
ciations contained therein, considerable light must
necessarily be thrown on the Ministerial inten•
tions so as to enable the community to form
a fair estimate of the Government plan for
the campaign at the Imperial Palace of
Westminster. It will be discovered whether
Lord PALMERSTON contemplates real bona fide
work, or desires to waste time, while his whipper-
in is feeling the pulses of the new Members, prob-
ing their consciences, and. ascertaining what they
may be inclined to kt An d, and what they will re-
quire I We trust, for his own sake, that there
may be no more trilling with the wants and wishes
of the people. That the Legislature may be fairly
set CI work to dispose of the long arrear &ten-
muleted since the commencement of the late war,
and of other matters of urgent consequence ; the
postponement whereof must be very detrimental
to the national interests. This was to have been
a working year ! Bat half the time has already
been wasted and misapplied, and it behoves all
parties concerned, but more especially the occu-
pants of tho Ministerial benches, to work double
tides, to make up for the time that has been al-
ready " frittered away."
There are many matters that will not admit of
further delay ! The Bank Charter Act virtually
expired on the Ist of August, 1856, and the in-
dustrial classes are suffering deeply and severely
from its baleful effects. It is impossible to pre-
dict the possible eonsequencee, should the all-
important question be even deferred to another
year. A. crisis of even greater intensity than that
of October, 1847, may arise, when Ministers
must act, in order to save the " Old Lady " her-
self, and an indemnity will be required from the
Legislature. But prevention is better than cure!
Before matters come to this state, fearful misery
must be encountered by a.large majority of the peo-
ple, and the apathy and indifference that permitted
the occurrence of such terrible calamities will be
fully expiated ! The state of the Money Market,
which makes many of the " ausneyocracy" shudder
at the demon they have themselves evoked the
transfer of the lion'e share of profit from those
who have fairly earned it to greedy money_
lendere, requires instent attention, and the adop-
tion of remedies suited to the magnitude of the
disease. We have ropeate(Vy indicated the na-
ture of these remedies. At present, it is suffi-
cient to direct attention t) the paramount im-
portance of the subject, to show that it will net
admit of procrastination, and that, so far as the
Government, the Legislature, and the People are
concerned, all are equally interested in bestowing
on it that calm and attentive, but, at the same
time, prompt, consideration which its vital im-
portance so eminently merit?.
Besides the monetary, the fiscal reforms must
be taken into account. The iniquitous Income
The bee only been renewed for a single year. It
will e:enire on the sth of April, 1636, and it I
%Meet be renewed until it ha been greatly inodi-