The Sun.
London, England, 1826-02-18 00:00:00

[NORNINCI POST.]

It be recollected that at the period when
the Irish Tythe Composition Bill was before
Parliament, we expressed the most confident an-
ticipations of advantage from its enactment.
We have now the satisfaction of knowing that
our most sanguine expectations have been more
thaw realized. Mr. Goulburn stated on Thurs-
day, in the House of Commons, that the ami-
cable adjustment, for which it prepared the
'way, had been carried into effect in above one-
fourth of the whole number of parishes in Ire-
land, and that the example of those parishes had
exercised a most salutary and extensive influ-
ence in diffusing a general spirit of concord in
other places between Incumbents and Parishion-
ers, producing many compositions not under the
express provisions of the Act, and therefore not
included in the returns. This is unquestionably
a subject for the warmest congratulations.—
Ty tiles, as formerly collected in Ireland, contri-
buted more, perhaps, than any other single
cause to ferment and Perpetuate feelings of ani-
mosity between the Catholic and Protestant por-
tions of the people. Oar gratitude to the pater-
nal Government which has bestowed upon the
country this unmixed blessing, this glorious tri-
umph, assumes a warmer glow when we reflect
that it has been bestowed upon us free from that
cost or deduction by which the sacrifice of a
great principle at first threatened to impair its
value and to dim its lustre. It was, we well re-
member, contended by many, and by many too
who assume to be high authorities upon every
Irish subject, that the Act would be wholly nu.
gatory if the clause making it compulsory upon
the Clergy was withdrawn, or 11, in other words,
the Act was not to involve the odious principle
of confiscation. This opinion went directly to
impeach not only the wisdom of Government but
the character of the Irish Protestant Church.
How gloriously has the success of the measure
vindicated both !

rBRITISII ritans.J
The new Banking System was brought under
the consideration of the House of Lords last
night, by Lord Liverpool, who took occasion to
observe that a trifling alteration was made in the
measure since the Chancellor of the Exchequer
introduced it to the House of Commons. It is
now proposed that the Bank should not restrict
the issues of its 1/. and 'E. notes until October.—
The Noble Earl stated that the alteration in the
currency would extend to Ireland and Scotland,
upon the same principle as to England, but at
more remote periods—the issues to cease in Scot.
land when the circulation ceased in England.
In Ireland, his Lordship thought, one or two
years would be sufficient. Lord Liverpool re-
marked that the Bunk of England was desirous
of establishing branch banks, but should that
scheme fail, then the Bank would not hold the
public to their charter, but would free them be-
fore the year 1833. The (Rill, after a lengthened
discussion, in which the Earl of Lauderdale, the
Marquis of Lrmsdown, Lords Bexley and Ellen-
borough, took a part, was read a second time,
and ordered to be committed an Monday.

['rig, REPRESENTATIVE.]
After the 'Navy Estimates were disposed of
rest night in the House of Commons, the Chan-
cellor of the Exchequer moved the second read-
ing'of the Promissory Note Restriction Bill, and
communicated to the House the important infor-
mation, that when the bill went into a committee,
it was his intention to move an amendment,
allowing the Bank of England to retain the pri-
vilege of issuing notes under five pounds until the
month of October next.