The Sun.
London, England, 1826-05-11 00:00:00

LONDON,
THURSDAY EVENING, MAY' 11, 1826.

i ,

There arc few occasions on which both Houses of
Parliament are occupied on the same day, with a
pleStiOP SQ iMportant, in its immediate and future
consequences,tnd on which the feelings of different
classes of the community are so much divided, as that
to which their attention is to be devoted this evening.
In the House of Peers the Earl of MALMESBURY 13
to propose the Resolution of which he has given
notice, viz :

" That though it might be necessary to admit
" Foreign Corn in Bond at a duty to be afterwards
" determined upon by the House, it could not pro-
" coed to the consideration of any farther alteration or
" suspension of the Corn Laws, without an Inquiry
" into the necessity of such an alteration or suspen-
sion, and a due investigation of the 'effects which
" they might have on the Landed. Interest and the
Consumers:"

And in the House of Commons, the Second Read-
ing of the empower His MAJESTY to admit a
11111ite,cillcuitity of,Fpreign Wheat or Flour, for Home
(I( instimption, if necessary, during the Recess, is to be
inory4jiy Mr. CANNING., i.e question, therefore, in
ixith Houses is essentially the • same, and • the fate of
the,second measure, proposed by the Government,
naroely, the discretionary power of admitting 500,000
plotters, in addition to the quantity now to be taken
out of bond, dePends, in point of fact, upOn the vote
which either House may come to thiS evening. That
this question is of the most vital importance cannot be
denied. On it, in our opinion, not only rest the in-
terests of the Agriculturists and Manufacturers, die-
tin.ctly considered, but the general interests of the corn-
mu ility at 'large—the tranquillity of 'the country, and
the .continuance in power of his MAJESTY'S *sent
Ministers.

As the general question of the Corn Laws is not
intendarto be affected in any degree by the Bill, we
•
rrettdhh,anerea—nmdwahyerbeeaa
shall confine our observations simply to its real object.
t
This is nothing morbei4etvmere
dolcetcsiuisa
Pccii°rcsieliss.etod::eicetsoirnwahliiic:lrletiheru'icountry before the harvest
informationf
r(I eon
or that, from this cause, or the occurrence of a bad
harvest seasoni corn may rise to a famine price, or to
a price which, from the altered value of the currency,

might be productive of consequences as serious, the
Government should be in possession of authority from
Parliament, to admit a limited quant4Tof Foreign Corn,
to meet the exigency which might arise, and which mea-
sure they must, on such an exigency; resort to on their
own authority.

That no unreasonable power is here demanded is
evident. On the contrary, the' Government' propose
to Parliament to enact 'a specified' limitation to the
quantity which under any circumstances shall be ad-
mitted, thereby rendering it impossible without the •
further sanction of die: Legislature, to admit a greater
quantity, which, With such Act were to 'be passed, the
Government, in the responsibility which it must in
case of exigency exercise, might, omits own discretion,
have. considerably exceeded. The measure, there-
fore, on thisground, is `unobjectionable ; can it be said
to be- inexpedient or unreasonable ? Is it inexpedient or
unreasonable that the Government should be authorized
by Parliament to adopt a proceeding which may be
necessary to protect the whole population of a coun-
try from a calamity which might otherwise befall
it ? The
.arguments appear to us irresistible in fa
void of the measure ; and what can be urged against it ?
That, if in' exigency should arise to render neces-
sary the' exercise, of the power, to be vested in. the
Government, the price of home grown Corn would
be reduced, and injury thereby done to the Agri •
culturLts,, Now, the quantity to which the importa-
tion is to be-restricted,- precludes the apprehension er
any such serious consequences. If prices should
rise to such ajleight•,• as to induce the Govern-
ment,.
to exert the power, it is not the introduction of
500,000 quarters whiCh Would occasion any tre-
mendous convulsion in the Coin Market—hut
es.
the knowledge —that such authority exists, will
r eo ntc
e,
x unless
exist
sto have a general tendency to keep the markets down,
and wtnill
r oi prevente
anyextraordinaryan
stiebnso oluust
eexten scarcity
Butcboer
the snhdoEuathlrde
bpese ful
of MALMESBURY says, appoint a Committee to in-
quire into the necessity of this measure. To this we
answer, that in the present agitated state of public
feeling, and the distress of the manufacturing districts,
the discussion of this question, which must lead to the
investigation of the whole principles of the Corn
Laws (in which no permanent alteration could be at-
tempted by this Parliament in its last stage), would
throw the whole country into a state of convulsion.
The feeling, too, which it would excite in the lower
orders, that the higher. -orders were disinclined to iiir",4
relief to their present distresses, or guard them again't
possible greater eilamities, would be attended with
consequences most Alarming to the whol© fabric of
society in this country. The interests, therefore,
of -high and low, agriculturist and manufacturer
~.appear to us to require the adoption of the measures
Proposed by his Majestys Ministers.
If they misuse
this • poaer, they will be. held
new Parliament, one of the first measures of which
must be the' general consideration of the Corn Laws.
The Rejection of a Bill so important, cannot b
•
contemplated without fearful apprehensions for the
n pro -
tranquillity of the Country, and the effect it wimay,
• duce against Landed Proprietors. Consequences
ukt be. •
ensue which must be dreaded, but which it Wo ;
wrong to state. We, therefore, urge -the ivhers °I
both Houses to weigh thoroughly the effects of all
opposition to this Bill before they proceed further ;
and satisfy themselves Whether' it will not be wiser
to pass a Bill which will allay public feeling, and to 3
certain extent relieve present and future distress, than
to risk the consequences of its rejection.
His Majesty's Goverment, arc so completelY
pledged to carry this Bill, thut we apprehend the 100
of a measure considered by, them of such essential
importance, must necessarily be followed by a elnulge
of Ministry, an event which could not be content-
plated without additional apprehension and alarm.

The proceedings in the House, of Peers, Yester#
day, were without public interest ; and there not be•
ing forty Members present in the House of Commons'
at four o'clock, an adjoununent tool( place till urtlsl*

In another column will be found an intereP-r"
~-,,„1/ li,
trial between the executors of the Jate Mr. nib,- • t ~.
of I-lighlniry;antl' th 6 Rock 2tssurance Compani, I°` • '
~ 'Aw' b
80001. the•amount of a Life Insurance eftecte' t
. .;. , ,
tfrohatfomthCceiromesuU:sm-antayi.ni‘lsee4,uirrf;llP:wgas,r7dll:sip' tQued, theall iPnafeYren7ced-
u , which
committe
suicide. We- at6..tirtiiill.tifillety4.l,trfapeased ..had
1( it edessarY that
..:.:, )tit mg n
an Insurance . Company :.-aliMil& not resist 11.01,
fit''
but we much' que.,tion the, rprppriety of thus o
ing the survivors of an-`unfortunate insurer i"t
Court to establish a claim, more especially.whent as ill :
the present instance, 1,5951. had been
.
ceased, to say nothing of fifteen years' accumulate .
.. .
interest; not that this alters the, justice of the queti°,:
.
but in all doubtful' cases the actual less.to a 01'4
. -opt*
paid by the deti:
ought to operate. muCh_more than-the mire„thsapy
ea
ment of the principal sum; We believe that Jull 0
are apt to lean to the: individtvd- in ,preference wi
'
company, but in this case, front nil that haa 'aPP.ear.
there seems but little to Justifythe Directors in 'Lo
puting the claim, and certainly nothing to impugn
conclusion of the Jury: ',./ ' ; - ''' ' - ' .

The Duke of DEVONSIIIRE reached his Majes)
e
ship. Gloucester friftitY Ales, ~9:1 %
ss *bow'
• i•-,• o `''fb
Gloucester had not then moved from Sheen
ne

bour, but she got under weigh yesterday- morning,
and passed the Nore light-vessel at one o'clock, P.br.
with a fair wind.

Gibraltar Chronicles of the 20th of April are re-
ceived. His Majesty's ship Herald had arrived there
from Malta in seven days, bound to England.

We received German Papers this morning, bringing
news from Trieste to the 27th of April. If we are to
believe the reports circulated there respecting Misso-
longhi, IBRAHIM has been most signally defeated,
his fleet 'set on fire by MIAULIS, and the brave town
relieved from famine by timely supplies :

TRUSTE, APRIL 26.
(From the Osservatore Triotino, of April 27.)

The Captain of a merchantman, who left Prevesa on the 14th
April, says that it was reported in Prevesa that there had been
nether action before Bliesolonghi, to the disadvantage of the
Turks, and that Ibrahim had returned to the Morea, leaving
14,000 Turks to continue the siege ; and having given orders to
the Turkish fleet to maintain the blockade on the sea aide.

TRIESTE, ♦PRIL 26.

The deliverance of Miseolonghi, and the triumphant entrance
61 Miaulis into that harbour, are confirmed from all quarters.
According to the latest accounts from Prevesa, of 19th April, the
Seraskier, Redschid Paella, was there confined by a dangerous
round, which he received iu one of the late actions. Ibrahim
PaeWe enterprise is represented as having totally failed. His
hen attack was made a short time before the arrival of Miaulie, of
whnee approach he was previously informed by the Captain of a
EurOpean ship ; it however proved very disastrous to him. The
rafts, by which part of his troops were to make the attack, were
driven, by contrary winds, on the sand banks in the Lagoons,
under the walls of Alissolonghi. The besiegers took advantage of
this misfortune, by the which the Egyptian troops that had been
embarked were placed in the most perilous situation, and canted a
great destruction among them by the fire of their artillery.
(lours and Fabvier made themselves masters of the works of the
Turks on the land side, and by their arrival threw every thing
into alarm as far as Arta. The latest private letters from Corfu
come down to the 15th April ; they unanimously assert that Noto
Ilottario, Commander of Missolongbi, and Miaulis, are admired
and revered as the deliverers of Greece.

On the 9th April it was observed, from the walls of Misso-
longhi, towards Pares, that some ships were on fire, and it was
believed that Miaulis had attacked the Egyptian fleet. The in-
lkabitanta of Missolongi have solemnly declared to the Greek Go-
Yernment their most cordial gratitude for the supplies of ammy-
tition and proviiions, and at the same time added the assurance,
that they needed nothing more to preserve Missolonghi as a sacred
deposit

APRIL .29.

His Royal Highness the Prince of Salerno left this city yester-
tq With his consort, the Archduchess Clementina, and the
Princess, their daughter, to return to Naples.
7eletalliques, 691; Bank Shares, 1063.

THE PUNDS:

City, half-past twelve o'clock this day.

Consols this Morning opened at 781, 9, but afterwards were
~ielers at j, and even as low as 781. The chief of the business
Yesterday and this morning has tended to making up accounts for
the 23d inst. ; Consols for opening, '7Bi, 79; 3 per Cent. Con-
s* 78ii; Ditto for Account, 78j; 4 per Cent. new, 95,
94i ; India Bonds, 4 per Cent. 9, 10 ; Exchequer Bills, 10,
I) Pm. ; New 4 per Cent. Scrip, pm.
Foam/4 Fuwns.-13razilian, 55, 6; Buenos Ayres, 58, 9;
(Alias!). 41, 3 ; Culombiun, 18.22, 40, 1 ; 1824, 43i ;' Greek,
lais to 16 ; Mexican, 5 per Cent., 62, 643 • Ditto, 6 per Cent,.
42118 i ; Peruvian, 31, 3; Russian, 76i..

gni.axs.—Alliance Fire stud Lik, 3,2; Ditto Marine, li,
; Ilriti,4ll Iron, 26, 3, die. ; Anglo Mexican Mining, 20, 18,
dis• ; Brazilian, 13, 11, die, ; Colombian, 2i to 8.; Tlalpuxahtut,
20, Pin; United Mexican,

Two o' Clock.
Coasoln, 78if ; Tteduced,773, 78 ; New Scrip, ; New
.Fours, 94a ; Colatnbian, 423 to N ; Mexican, 622.

Quarter past Two o' Clock.

The Cou4ol Market is a shade lower. Present price in 713 i
not much lt!.iness doing. In South American and Colombian
Ronda there is depression from yesterday of about Ito 14 per
tent.