The Sun.
London, England, 1857-09-09 00:00:00

LONDON, WEDNESDAY, SEPT. 9, 1857.

Somehow it is constantly turning out that
what our solemnly wise contemporaries sneer a'

ag Ttldical restlessness or incredulity, proves to be
hut the wisdom of phis, straightforward, English
honesty. We could, but that it might look like
vanity, or like imitating the closing paragraphs of

a QjEEN'S Speech, recall to recollection some
(1( z,n or more illustrations of our remark, since

tlle installation of the "All the Talents" Minis•

try, during the Russian War, at and after its ter-
mination, and during the late Double Session. A
merely honest appreciation of men and their posi-

tion, has compelled us to pronounce an opinion,
which was thought by the self-constituted leaders

of the press to be gratuitous and unfounded sus-
picion, or to advocate a course which was pro- Serious apprehensions have been expressed in
claimed to be "Radical perversity." Yet the Paris :zespecting the Leviathan Credit Mob ilier,
issue has been that these same parties have been the 500 franc; shares of which have gradually
found at no great distance of time, not owning fallen from 1,900 to 865 francs, or from '7 61. to
that they were wrong and others right, but KZ. 12s. The extraordinary enthusiasm with
changing their note without any indication that which the project was received, and for some
it was a change at all, or that the opinion newly time supported, cannot be forgotten. It was an
adopted had been strenuously urged long before, undertaking calculated to make the fortunes of all
and while they were opposing it. concerned, from the promoters and managers to
Oae of these cases seems to be now in progress ; the humblest shareholders. The distinguished
awl for once we invite the attention of our readers patronage under which it was inaugurated, and
to ire It is now being hinted in " influential the extraordinary privileges conferred on it, sti•
Oaarters" that India is likely to cut out the Re- mulated what mightjustly be termed the "mania."
for-it Bill of 1858, that 'the Premier is to be re- Every person with a few pounds to spare eagerly
leAst<t from his promise because he cannot fulfil it. sought so beneficial an investment, and the °pa-
ne drew a nine months' bill on liberal credulity I rations were conducted on a scale far beyond
When the New Parliament met, Mr. ROEBUCK anything which the bona fide capital warranted•
eedersed the bill in the name of the Lleral party, We shall not term it a gigantic gambling institu
tll°ll4la wholly unauthorised to act for them, an tion, but its operations were unquestionably of a
iiPPrrident piece of assumption, for which some highly speculative character, such as might suc-
`)tly"rti as well as ourselves, could but censure him teed under peculiarly favourable circumstances,
r verely at the time. After that most merrily but which were liable to collapse at any moment
di 1 the -Premier and his mejority jog on together and to eccasion serious losses, if not absolute ruin
thr ,eos, the •
Sesw3n, at least so far as Reform of to many of the parties concerned.
Pori ; anent was concerned. Honourable Mem- The French Government soon found that they
bore though: they needed no reformation, the had given teo great encouragement to the under-
)`romicr thought the same, so all gladly deferred taking, in which the Count DE MonNY, slid to be
Return). to the more convenient season. Every the greatest speculator in Europe, had taken so
protineal of Parliamentary Reform, however im- leading a part. The privilege of issuing bonds fo•
port .nt or trivial, whether acknowledged
by all large amounts payable at a future day, or, in
th , Liberal party to be right, or Open
to some other words, something analogous to the West-
iliscussion, was shelved almost with the hurrahs minster improvement bonds, was refused. The
of the House. For tll3 Session the cry was,
prohibition of new companies deprived the inst:-
"Petnrerston, and No Reform." tution of sources of considerable profi", and the
lir w our readers will remember well enough, . cheek
given to speculations on the Bourse cut off
hove decidedly we censured this Parliamentary \ other
gains of no ordinary magnitude, but cf
ir ty. We took al ways two grounds—that mea- more than doubtful expediency and propriety.
euros so obviously required and open to so little While the
field of operations was thus nar-
diepete as the Abolition of the Property Quail- rowed, other causes concurred to discourage the
feetion for Members of the House of Commons— I shareholders. Th© failure of a very influential
Alta Lomen
lirena's motion for equalising tLe director, M. PLACE, by which. it WAS said many
fro lic'iise in boroughs and counties—or the aboli- lof his fellow-directors incurred heavy losses 2 was a
ti el of that useless plague, the Rate-paying clauses I heavy blow, and great discouragement ;and the
--;list measures whose utility no honest Re- evil was greatly enhanced by the subsequent with•
f)rrne•cs could fir a reennent deny, should be I drawal of the Count de MORNY, who seemed to be
Pavel at one) on their own merits. They wore a connecting link between the Company and the
loot mixed up with any question's of detail forming I Government.
necessarily part of any larger measure ; they The break down of the Russian Railway pro-
f) uolit to have wasted no time in discussion ; they ject which he had negotiated, and the concession