The Sun.
London, England, 1850-01-03 00:00:00

THE SUN', LONDON, THURSDAIt EVENiistiG,

tion for having possessed the courage to come forward •
at once, in the light of day, for the purpose of hurling
such assertions back in the teeth of the calumniator.
The rebuttal is a logical and conclusive disproof. It
demonstrates, beyond the faintest possibility of cavil,
that instead of being the paramour of the Countess
DEMBINSKI, the injurer of her distinguished husband,
the rival of General PERCZEL as the leader of the
Magyar democracy, and the enemy of Count
BATUYANY as the chief of the Hungarian aristocracy
—Kossuni has been, from the first moment of his
flight into Turkey, the protector of the Count and
Countess DEMBINSKI, the sworn friend of PEaczEL,and
the intimate associate of BXTTHYANT. So far, more-
over, from his having selfishly striven to gratify a
lawless ambition by the seizure of the command of the
bands of the banished, it appears from the avowal of
one who accompanied the exiles from Widdin towards
Shumla, that the military chieftainship has been
all along entrusted to the hands of our
renowned fellow countryman General GUYON, while
KOSSUTH himself only receives the homage, the
respect, and the obedience spontaneously shown to-
wards him in consideration of his career and his
achievements.

After this terrible exposure of the inaccuracy of
the statements made by the foreign correspondents o
the reactionist newspiper3 we are sanguine that the
public journals of Eng'and will be no longer tar-
nished by the publication of similar imputatior s.
Our feelings as a journalist are interested in this
aspiration, seeing that occurrences such as the one we
have just particularised are in no respect calculated to
reflect honour upon the Fourth Estate. In their
public capacity, celebrated men, whether of our own
or other nations, are, of course, open to vituperation :
but the delicate details of personality should be
eschewed, and the precincts of their domestic circle
should be viewed as sacred and inviolate, guarded not
as of old by the Lares of Idolatry and
the Penales of Paganism, but by the justice of
Civilization and the truthfulness of Christianity.
Yes ! in GOD'S name let the homes of public men be
the magic circles within which the obloquies of
political animosity may not penetrate, where, as in
the days of chivalry the fugitive found
shelter in the cathedrals, they also, in the
midst of their overwhelming peril and
responsibilities, may ever find an impregnable sanc-
tuary. Let them still be open to the attacks of every
bold political assailant, but in the name of all that is
sacred and venerable, shield them from the anony-
mous assassin of every pure and lofty reputation.

The financial condition of the country at this the
commencement of a new year is worthy of attentive
consideration. At no former period was there so
large an amount of bullion stored in the coffers, but
it remains there idle and unproductive. The indus-
trious classes are not benefited by the golden mass.
There is a manifest unwillingness on the part of
capitalists to invest their wealth in undertakings
calculated to develop the national resources, and to
afford employment to the people. The country has
not yet recovered from the shock to credit that
occurred during the disastrous year 1817, and a want
of mutual confidence and general distrust is percep-
tible. The fatal Act of 1844 still exercises
a malign influence. Money, indeed, can be
obtained at an easy rate of interest by the
"favoured few," but it is as difficult of access
and scarce as ever to the multitude.
The public funds have attained high quotations,
but almost every other description of security con-
tinues depreciated. The extraordinary preference
that has been exhibited for the idle moneyed interest,
the great " appreciation" in the value of money that
has taken place, have induced many to wind up their
affairs, to withdraw from trade and commerce, or
other business pursuits, and to make arrangements
for living idly upon the interest and dividends of
their realised capital. The " enterprise," for which
the merchants of England were once so remarkable,
is no longer discernible. Legitimate and well-
matured commercial adventures are regarded as rash
and gambling speculations, deserving of the utmost
censure ; while " the unprofitable servant," who
buried his talent, appears to form a model
for - imitation. The desire is to maintain the
accumulation of past years unbroken, and to
relinquish any effort to increase them. Fluctuations
in the money market similar to those which have
occurred within the last few years—and which may,
and in all human probability will again take place at
no distant period, if the monetary code be maintained
in all its stringency—may defeat the most judicious
operations and accurate calculations, so that heavy
losses—even absolute ruin— may be the results of the
best devised and most auspicious projects.

How, then, will the condition of the small mer-
chant or tradesman, the skilful artizan or industrious
operative, be ameliorated by the fact that there is at
this moment no less than 17,080,642/. sterling of
bullion in the Bank vaults, or that it is nearly
half a million more than the highest sum
ever previously attained? Or what advantages will
be derived from the reserve of unemployed notes
reaching to 12,451,2201, more than three times the
amount calculated to be required by the Bank for
carrying on its own business ? If these great re-
, sources' were judiciously applied, all classes would
participate in the general prosperity ; but, unhappily,
at present they are starving in the midst of plenty.
The long. expected harbour may be in sight, but they
oannot live to reach it, or to enjoy the safety and
happiness so temptingly displayed before them. The
" integrity of the standard " is preserved, the
" convertibility of the bank note" is secured, but
have not their best interests been sacrificed thereto,
and has not the nation paid the penalty
of the auri sacra- fames f—have not the greatest
misery and wretchedness been sustained by the masses
during the struggle ?

There is, we are told, every probability that the
influx of gold will still continue—that the stream
has set in steadily towards our ports—that we may
expect large remittances from Russia, from South
America, and from California. Many well-informed
persons appear to think that the greater portion of
the produce of the " diggins " will eventually be
deposited in Threadneedle-street; but what will all
this avail if the present system be maintained ?
Nothing, literally nothing. The artificial scarcity,
however, cannot long prevail. The people will not
be satisfied to suffer want in the midst of abundance.
A general demand will arise for a revision of our
monetary code, and the adoption of salutary laws,
that will afford to the nation the advantages of a cur-
rency adequate to the wants and exigencies of the
population.

COURT CIRCULAR.
WINDSOR, WEDNESDAY.
The Queen and the Royal Children walked this
morning in the Home Park.
His Royal Highness Prince Albert, accompanied
by his Royal Highness Prince George of Cambridge,
went out shooting this forenoon. In attendance were
Lord Elphinstone, Colonel Hon. C. B. Phipps, Colonel
Hon Charles Grey, Colonel Berkeley Drummond,
Lord Charles Fitzroy, Lieut.-Colonel Seymour; and
Baron Knesebeck.

Her Majesty took a drive in the afternoon, accom-
panied by her royal visitors. In the first carriage
were the Queen, the Prince of \Vales, the Duchess of
Cambridge, and the Princess Mary. In the second
carriage were his Royal Highness Prince Albert,
Prince Alfred, Prince George of Cambridge, and
Prince Frederick of Hesse. In the third carriage
were the Marchioness of Douro, Lady Augusta Ca-
dogan, Lord Elphinstone, and Mr. Birch. The
Equerries in Waiting, Lord Charles Fitzroy and
Lieut.-Colonel Seymour, rode on horseback with the
august party.
:The royal dinner party this evening included her
Royal Highness the Duchess of Kent, their Royal
Highnesses the Duke and Duchess of Cambridge,
their Royal Highnesses Prince George and the Prin-
cess Mary of Cambridge, his Serene Highness Prince
Frederick of Hesse, the Ladies in Waiting on the
Duchess of Kent, Lady Augusta Cadogan, the
Dowager Countess of Man,field, Lady Elizabeth
Murray, Baron Knesebeck, the Commanding Officer
of the Grenadier Guards (Colonel Thornton), the
Commanding Officer of the Ist Life Guards (Colonel
Parker).

Lord Charles Fitzroy has arrived at the Castle, and
hai relieved Lord Alfred Paget (Clerk Marshal), in
the duties of Equerry in Waiting to the Queen, and
Lieut.-Colonel Francis Hugh Seymour has relieved
Colonel Bouverie in the duties of Equerry in Waiting
to his Royal Highness Prince Albert.

CHEAP MRAT AND BREAD.—At Plymouth, Dgvon•
port, and other towns in Devonshire, best beef is selling
at sd. to sid. per lb. ; inferior 3d. to 4d. and sd. ; mut-
ton, 4d. to Sid. Fine bread at 9d. the 81bs. loaf; and
seconds at 8d