The Sun.
London, England, 1826-10-27 00:00:00

of business, .and that the practice observed by every
other country Banker, when receiving Bank of Eng-
-land notes, was followed upon this occasion. It is
very true that a year previously to the receipt of the
notes, the defendants were served with a notice that
.certain notes of a certain value, and with a certain date,
were stolen from the plaintiffs; and, perhaps, if the same
;totes bad been presented to the defendants within a rea-
sonable time after these notices had been given, they
might in that. event have been with justice held re-
sponsible fOr their value. But .that they should be
called upon to refund, because they paid away these
notes after such a length of time had elapsed from the
service of the notices, does appear to us cruelly
unjust. It is also to be remembered that the notes
were notes of the Bank of England ; the common,
hitherto free, legal, and recognised currency of
the -kingdom, and in this respect differed very
materially from notes of any private
however wealthy or however respectable. Until the
Bank restriction Act was suffered to expire, a ten-
der made in Bank of England Notes operated as a
legal tender in cash, and in this manner again another
encreased facility was given for their transfer from hand
to hand, and for their rapid circulation in the
same manner_ as gold and silver coin. Surely then
we are ,not to require from parties receiving these notes
in l'ayinent, the same caution, or demand the same
ingidriea as are usually practised, when private paper
is put into circulation ? Indeed, it is utterly imprac-
ticable to trace them *ithout very injurious conse-
quences to trade, by impeding the progress of business,
and shackling with-new conditions the transfer of securi-
ties, which may be ^ considered as part of the circulating
medium of the country. But such will be the effect ofthis
verdict. ,It will compel all persons receiving Bank of
England notes to inquire into the character and re-
spectability, not alone of the party paying them, but
able into that of the previous holder ; and will thus
impose the necessity of refusing to accept them in pay-
ment, if the smallest suspicion is excited. How such
a position must affect the negotiability of Bank notes
every body must be aware, if any attention is paid by
the public to the warning here given. But the truth
the verdict in this case will in all probability be dis-
regarded, for the easy negotiability of Bank of Eng-
land paper is tar too convenient and necessary to the
trailing concerns of the country to be very.materially
affected by what must be considered as a rather unad-
Vised and hasty decision of a Jury. We should not
he surprised if the defendants are advised to move
the Court for a new trial, so opposed does the ver-
dict appear to the force of the evidence given on the

tt.Leetere from Port-au-Prince state, that all the American Esta-
lAssents in St. Domingo, are breaking up, finding it impossible
compete with the trade now carried on under the Ilaytiati
at I
w itch possessiso great advantages, in respect to duties on
her nations.

t I4Porta are in circulation that an inquiry is about
_(.) take
relative to the management of the last
`*t'lish Loan g
(1823) which may probably lead to
goitie utitiOLlS disclosures.