The Sun.
London, England, 1844-03-04 00:00:00

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THE WEATHER—SUN OFFICE, laisatcs 2.
L TREEXOXETER, Lowest, 36; Highest, 53 ; Noon, 45.
BAROMETER, 29.55.—W1ND, S. W.
- NOTE.-The number 32 on the Thermometer denotes the
freezing point, and 55 temperate. In Barometers fair is
usually placed opposite 30, and rain at 29.

HIGH WATER AT LONDON-BRIDGE THIS DAY.
Morning .. 31 minutes after 1 Evening .. 51 minutes after I.

ing, is not announced, but the obeli- is to 'be taken at
half-past six precisely. • - -
Well, time will show. " When Greek meets Greek,
then comes the tug of war." Mr. COMM and Mr.
BRIGHT have been allowed to disport themselves
among the fertile fields of Britain too long ; they
have mistaken their • impunity from contradiction in
argument, and from overwhelming declarations against•
their free-tisde opinions, for an approval which it is
now evident did not exist. The lion is roused : he
has shaken his mane ; Mr. N. DORAN MAILLARD
euphonious name—of - ornithological celebrity, has
issued his cards for a great national demonstration
against the League, and no doubt the orators who
have so long concealed their powers of argument and
their strength of reasoning, will thii-evening annihi-
late the League, and bury in its ruins all trace of
free-trade principles. We cannot contemplate this
possibility without a. shudder; but we console our-
selves, after all, in a strong belief in its improbability,
and in our firm conviction that, on Wednesday even-
ing next, we shall at Covent-garden Theatre hear a
full account of. this great Anti-League demonstration,
and hear of it, as we do of the illustrious little General
TOM Tnumn, as an object of admiration, on account
of its dwarfish stature.

The financial condition and prospects of the coun-
try are subjects of such vital and -universal interest
to the public at large, that we are 'somewhat disap-
pointed at the studied abstinence of- almoSt :every
Member of either House ,of Parliament from any
direct allusion to these topics. That they shoutd be
distasteful, dry—nay, even impracticable to a consi-
derable section of Peers and a goodly band-of aristo-
cratic Commoners, is no matter for surprise. That
exceedingly defective system of _ education at our
public schools and universities in England, which
sends into the Legislature a senior wrangler from
Cambridge, or a first-class man from Oxford, as
profoundly ignorant of all political and economic
learning, as he is, usually, of natural philosophy or
the principles of perspective, the art of dancing dr the
theory of navigation,;—that system applies the worst •
possible preparation for the practical business :of
'statesmen. It is not until after such aspirants
to legislative distinction have gone through
the unwonted discipline of Private Committees'
on Local Bills, and the drudgery of note-taking in.
Select Committees to try the merits-of election peti-
tions, that ,they begin :to conceive the possibility of
business-like habits of application, attention, and
punctuality—of a knowledge of accounts, and a
familiarity with those lower mathematics (which;
though disdainfully remembered in connection with
the honours of the "tripos" are absolutely essential
to excellence in " vulgar arithmetic ")—are attain-
ments not unworthy the attention of fine gentlemen;
and even conducive to Parliamentary clistinction.
These' good impressions, hoWeier, valuable though
they bei are but the accidence of that forensic gram-
mar which ought to have been thoroughly mastered
-before they ventured to. offer as Candidates for
theie public " scholsrships' If we- only consider
how much longer a period is - required, especially by
those who have not the advantages of official occupa-
tion, • to- ,become au courant to the varying.:
statistics of public income and revenue; the
history of the .Nationar Debt and , Taxation;
-the influence of these upon wages,' prices, &c.; we
need not wonder at the schoolboy awe with whiel
so many senators, both of the upper:and lower forms,
regard what they suppose to be the " mysteries" of
finance and currency. -
It is not- the less. deplorable, that a vast system
like that on which our circulation is.founded, should
be left in its present disorganised and perilous state,
to find its own adjustment. It threatens danger to
capital, to industrial production, and the market of
labour; to-domestic and foreign trade, to the, secu-
rity of all property, to..investMents, mortgages, debts
of specialty and simple contract; to the inviolability
of public faith, and the guarantees of private, honour.
It thus menaces, indirectly, the prosperity of the
State itself ; directly, of all institutions within the pro.;
tection of the State: Do her MiaESTY's Ministers inten, -
to stave off every previous consideration of the disistri;
produced by PEEL'S Currency Bill of 1819, until they
can assemble their supporters in a field-day majority on
.the discussion on the Bank Charter ? Do they think
it will sleep until they be pleased to wake ? Are
• .
OW Aware that, with every day's delay, they lose
some,portion of the power which if will require to-
beat down the, 'Frankenstein monster of their own
creation, in that unrighteous experiment of 1819:?
Let thein be assured, that to delay the task of re-
tracing that fatal step, is to accelerate their own cls-
struction; • and to secure an imperishable record of
'their own imbecility. Besides, their hesitation, in
this matter is paralysing the short' remaining oppor-
tunity they have of diminishing the public ,burdens
they have so largely enhanced. Foreign capital, as
our City Correspondent tells us, is pouring into this
country for investment. Money was scarcely ever
,so plentiful, nor the tijne so favourable, for a great
funding operation on the OA of Owiernmcnt. Yet
the. Government are mute as the silenced oracles on
the destinies of the , statute-consecrated enormity of
Aran's currency scheme ; and have nut Mfide,one sign
of an intention to, convert the Three-and-a-Half per
-Cents:, whereby so enormous a reduction might be
effected on the interest of the Debt.

We are of that old-fashioned school of Englishmen'
who look to our navy With feelings of unbounded
Confidence, affection, and pride. It is a service the
most nativeand_proper to our people. It 'is con-
nected' with their hereditary, habits as .an -insular
nation, and endeared to alb classes by the prejudices.
of those habits. Then'-there are the associations of
three centuries of triumphs. and supremacy upon the
boundless Waters, " whereon it moves, and lives, arid,
hath its being.," which consecrate its • position in the.
Popular, esteem. Pre-eminent alike in Maritime
dis-
covery and in naval warfare, it has spread the renOwn
of our 'country to the most distant regions that sur-
round the poles, or lie " beneath the line ;"
and it has_ vindicated the honour, asserted the
rights, and extended the doniinion arid
iluence- of our flag against
.all opponents, in
every .climate, and upon. every sea. Against the:
confederacy of all the .nations of oontinental- Europe,
it has defended our own empire, and vanquished and
dictated its own terms to, those' who would :have
challenged our political existence as an independent
State. But, its sphere of real, glory, its career, of
beneficent utility, haste been only enlarged and dig-
nified in seasons of peace.
.Far from relapsing into
a condition of indolent disorginisatiOn, this noble
force-have long been accustomed ta keep up their
practical diicipline, and discharge. the duties they '
owe to the State which maintains them, by protecting
our wide-spread commerce in the ports of every
country to which it extends: During the last century
it has-not-only revived the spirit of geographical and,
mercantile enterprise, which prompted our. Csnots
and our" DRAKES to put.a girdle round the world ;"-
not only taken and maintained 'the lead in all those
immense acquisitiona, which have increased and en-.
riched our knowledge of the globe ;—but it has
achieved a reputation, through the abilities of its offi4
cers, for patient research, laborious. accuracy, perse.-
vering intrepidity-fot sagacity and truth, in all the
higher branches or; astronomical observation and of
philosophic experiments for determining problems the
most importutto navigation,—which have ever been
unrivalled in the history 'of science. Whatever,‘
therefore, regards-the present condition and the per-
manent welfare of this fine service, should, alwayi
command' the. profound' attention Of evertEnglish-
Min who feels an 'interest in the glory Of. his native
land. For ourselves, it is long since We. have expe-
rienced .these sentiments *Ore powerfully than on a
pernsat Of the debate; in the Honse Of Commons on
Viiday night, on the:" 'Navy Eitimates." •
We Can scarcely liopd to touch, within our
limits to-day, !ther 'various important topics which
presented--them elves 'for discussion' on this
.occa;.,
slop-. But it is—Only; flair` 'to remark, in general
terms, that they inYolved natters of the inost vital
importance. to the material "strength 'Of Out navy; to
the efficiency of the' •SerAOe; 'especially. in' the su-
perior classes 'Of 14.-74.64$ V'to". the further im-
mediate extension" and 'improvement of that most
essentiO and deoisiye arm 01 modern 'naval warfare,
wined steam-ihipi; with.a- view to. the 'preservation
'(if 'Ont.' Present' 'Ptepotiderafint Strength in this de-
partment (and which can only be preserved, by
adopting the course so powerfully insisted on by the
gallant officers who successively addressed the
House on these points) ; to the evils of

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