The Sun.
London, England, 1817-07-23 00:00:00

the attention whiLL its ialportance de-
Mr. Brouglitin states that his mind is
ecidedly made up against the prayer of the Yeti
ions On this s,ibiect signed hy 200,000 indivi-
.Juals. With great deference to this Learned.,
Gentleman we siould be inclined to suspect, that
these Peiiiiooers know at least as much about the
trade in which- they are engaged, as they or any
other persons in their situation do about Parlia-
mentary Reform. Yet in the one case the
Learned Member treats the Petitions with sove-
reign contempt : in the other he speaks of theft-
%i+Oh the utmost respect,. as the Petitions of the
People ! Among the other improvements which
have been carried into effect in the course of the
Session, that of the Coinage must not be forgot:en.
A new Gold and Silver Coinage has been issued,
and the• operation has been effected with unex-
ampled facility And-convenience.
" But the great- and convincing test of tbe
wisdom of measures adopted. for the national se-
curity has been the manifest improvement of
Public Credit and of the National Resources. In
the course of Session no New Taxes have been

Awls

imposed, When we reflect that in the preceding -
Session Seventeen Millions of Taxes were taken
off, we cannot bitt consider, that the being able
to avoid any new impositions during a session of
so much public distress is a matter of sincere con-
gratulation. Various Reports have been made by
the Finance Committees, and large retrenchments
have been accoMplished by Government. !.t, is
astonishing with what ignorance, for we are tin-
• willing to attribuce it to worse motives, the factious
publicatiOns of the day repeat that no retrench-
ments have taken place, when it is notorious that
the establishments have been reduced full one
tenth,, that is to say trout Twenty to Eighteen
Millions, a reduction larger than had been antici-
pated by the most rigid etiticisni, A Bill for the
abolition of Sinecures to has pas e.(l almost sub
silcUtio ; but his!ory will be grateful for these li-
beral and judicious measures, even if faction
should cOntrive, to smother the notice of them at

reset::.

" The consequence of the diminution of taxes
has been it large merflow of capital ; and this, as
soon as public credit was secured by the prudent
legislative measures already noticed, led to a large
investment in the public hinds. Hence a rise of
Stocks perfectly unprecedent-td. Consols,
.which
at the beginning of the year had been at 62, were
done on Tuesday for the August Account at 85_!
It is' pet fectly puerile to say, that this rise will not
produce a beneficial effect on all other employ-
ments of capital. It is contrary to the most no-
torious facts.. Nay, even Mr. Brougham admits,
that " an increase has taken pike in the value of
land, that trade has improved, and that there are
reasonable hopes- of a continued arnelioration."—
Of so much we arc already certain ; and if Provi-
dence should bless us with an abundant. harvest,
all these benefits may reasonably be expected to he
increased.

" Such have been the beneficial effects on our
!ornestic situation produced by the measures of
he Legislature during the late Session.''