The Sun.
London, England, 1826-02-03 00:00:00

PRICE S.EVENPENCE.

rate this restriction may be made, the smaller de,
nominations of value will, we have reason to
think, be filled up with a silver currency. It
is, indeed, a very strikiug event, that the
credit and transactions of the country should
have received so sudden severe a revulsion
as has lately occurred, without any thing
having happened to threaten the internal
tranquillity of the country, or to disturb its
amicable relations with foreign states. In addi,
tion to the measure we have above alined to, and
which will have a prospective influence, some-
thing may be necessary to be done to remove
the pressure from persons who hold propertys
but under the stagnation of trade, cannot
effect sales, for, if they be not relieved,
bankruptcy may be extended much more widely.
We hear it strongly recommended that the Go-
vernment altouill-obtain P. loan from the Bank of five
millions, t 4 enable them to buy up that number
of Exchequer fills, to be afterwards deposited
with the Bank till they can be conveniently
funded. This measure would certainly give re-
lief to the money-market, and as temporary ex.,
pedients must at times be resorted to for the pur-
pose of getting the better of a present emergency,
we believe some supplementary measure of this
sort may be resorted to, with public advantage.
On principle we do not like expedients, but there
are times and circumstances which cannot be
guided by ordinary rules.

[MORNING CURONICIA.]
Thg distress of the country, its causes, and the
projected remedies, formed the chief subject of
discussion last night in both Mouses. Whatever the
conduct of the Bank of England may have been
during the late crisis (and that it bath made some
atonement for its previous errors, sanctioned, no
doubt, by Ministers, of lending money on land
and stock, was admitted by Mr. Maberly); it
was admitted, on all hands, that the Bank mono.
poly had been exceedingly injurious to the
country. The Chancellor of the Exchequer
said, 4; that the effect of the exclusive pri.
vileges of the BanktpeocfksEnegflanhdeekwiaesg, fatchte,
to ip
couti:terryn,litexceevpetrythat which was the must se-
cure and solid"—Magna est vis veritaill. It is
now upwards of fifty years since Smith demon,
strated this truth to the conviction of every
person capable of connecting two propoth
tions together, and for fifty years has this truth
been struggling for admission in the House of
Commons. Thank. God it is now fairly in ; and
it is consoling to contrast the facility with
which truth makes its way in an intellectual age,
with the slowness of its progress among 'our
rude ancestors. The demonstration of Smith, and
the fact, that no one yet daring the period in
• .te Laut iesly 044.41 y Skaleiln n
every lustre, theEnglishaanks have been breaking
in all directions,bave at length opened the eyes of
the collective wisdom to theinjurious tendency of
the Bank. monopoly. Let no one be in any alarm
for the fate of truth, after so consolatory an ex-
ample. in fact, in 1822,M blisters had already at-
tained to the conviction, that the Banl monopoly
was productive of evil,and that the country bankers
by their extravagant issues involved, every now
and then, the Peor in distress and ruin. The
country circulation was, he said, 44 composed in a
great measure of one-pound notes, which were
chiefly in the hands of the poorer classes ; and
when these Banks failed it was upon them princi-
pally that the calamity rested." Something, he al-
lowed, must now be done to prevent a recurrence of
tine evil; "and he deeply regretted that when, its
1822;it was intended to do something, any circum-
stances should have occurred to prevent it." it
must be very consolatory to the country gentle-
men and the country bankers (whose disposition
to profit from the evil, prevented any remedial
measure in 1822), to hear this vicarious repent-
ance of the Right lion. Gentleman, who kindly
consents to enact the scape-goat for them.

ions BAZAAtt, li.tattbSTitEET,' P0,10114N,
SW/AUX.—Then premises, which cover upwards of twoiifteo
of Iground, contain stalls for nearly 40t) horses, a capacious
riding,house extensive exercising ground, space for 81)(1 car-
riages, large' harness and saddlery saloons, waiting,room, of.
fives, cothe-rooms, and a bestow for the sale of small goodaover
the ritlinkhouse, which is of the following ditnensions :
Length 114 feet; Width, 47 feet; Height, 44 feet.—This is
one or else Anest rooms in the Metropolis, as well from iut flue
light as its superb appointments, the walls being ornamented
with a rich embossed crimson paper, gold inouldings, and
splendid lookinglOasses, besides four rows of conntersjeckers,
and suitable compartments for the reception of the inerchan.
disc exposed for sale in the stalls.—The whole is inclosed
within high walls, &c.

WA ti TONiD VI Ntit Wednesday night, he,
tween 8 and 9 o'clock, a one-horse chaise, occupied by two ger,
vents in livery, was seen driving with the greatest rapidity, in
Prince's-street, Leicester.square, and proceeded through Lisle,
street, towArtiK Long Acre, ck'tely followed by a hackney-cha.
riot at fl al gallop. The chariot was full inside, with two men
upon the wing-scat, and another on the roof, shouting anti
hallooing in a most furious manner, when having arrived
nearly opposite to Langley,street, Long,acie, the driver of the
chaise, In endeavouring to get out of the way of,the chariot,
came in contact with a chaise-cart, the concussion of which
threw down the titan and very seriously injured ii s knees. The
parties were then stopped, and the number of the chariot (8)
was taken, and the address of the other persons ascertained. We
hope the offending parties will meet with the punishment they
deserve for thus wantonly endangering the lives Obit; Majesty..
subjects. The coachman entleuvnured to exculpate himself by
saying that he had pet-witted another person to take the reins.

SOCKING ACMENT Ft4Epr.srrucET,--Yes«
terdny forenoon, between nine and ten o'clock, a
timber waggon, fully laden, broke. dawn about
the centre of Fleet-streets and occasioned tho
following distressing accident Young mall
drawing a (rusk had strapped it to one Of the
logs of timber, and before he could escaPes the
timber dragged him down, tied both his legs were
so dreadfully crushed that he ria3 cAr'rie4 to the
Hospital in a deplorable stAte•