The Sun.
London, England, 1826-03-27 00:00:00

[MORN! NO.POIIII

The appointment of 11 Couo►►fission to inquire
mto the practice of the Court of Chancery had
become necessary on account of defects and
ithusei which the lapse of time could hardly fail
to produce in the ollices and forms of a tribunal
exercising functions the Most complicated, diver-
sif►ed, arduous and important, and still ►nore oft
account of the eXaggerations whicah prejudice,
faction and spleen had long combined to heap
upon this.subject. The accumulated evil of all
the defects and abuses together which have been
found, after a most diligent and scrupulous inves
Ligation►, to exist in the Court of Chancery,
was indeed trivial in comparison with that,
wl►ich faction sought so industriously to ,pro-
dike by impairing the confidence of the people
►n th►s the most exalted of our national tribunals,
and by propagating the notion that the whole
frame of our Government was so corrupt as
to 'have tolerated the existence of defects and
abuses of such magnitude as comma red this
portant and beneficent institution into a positive
public nuisance. To suggest sued► alterations in
the fortks of proceeding, as ►i►ight remedy what-
ever was really defective or injudicious in the
practice of the Court, was the direct and °Sten.
sit& duty of the Cotrintissieners, but it was Porto-'
t►ately impossible for them to discharge this duty
without pursuing such process of previous in-
vestigation as in its results to vindicate the chit-
racier of the Court and of its distinguised Chief,
from the aspersions which ignorance, faction, and
malice, had so u►►remittingly cast upon both.

[MORNING CIIIIONICLE.]
However unsatisfactory the appointmeut of a
Master in Chancery purely on the ground of po.
!ideal interest may be to the professien,
,advantage is likely to accrue fromwthe nomination
of Sir Giffin Wilson. The Vice-Chancellorship
of Luncaster is vacant; for it is quite impossible,
after the publication of the Chancery Report,
that either Sir Giffin, or any other Muster, can
held a second office for a single day, their whole
time belonging to the public. There is,. there..
fore, now an opportunity of rendering the office of
Vice-Chancellor of Lancaster an effecfive aid to
the higher Courts of Equity ; if some' gentleninn
werea'ppointed,Wheseknown tule,nts and acquaint-
ance with the principles of Chancery practice
would give confidence to the suitors, in the sound-
ness of Imbi judgment (which has certainly not been
the case for some years) there can be no doubt but
that a very large portion of the equitable business
of that important and highly populous' province,
would be disposed of within time Duchy, and
that, too, at a comparatively trifling experice.
Indeed, we see no good reason why the whole
North of England should not have the benefit of
this jurisdiction, nor why, the Chancellorship of
time I)uchy should not be made an efficient judi-
cial office, instead of a political sinecure. 'We
Went, above all things, well constituted Provin-
dal Courts, and the example of nn efficient Pro-
vfnciel Court of Equity would be of intinute ad-
vantage, ns It would-show the way to the must
desirable improvements—local jurisdictions.
NIUE TIMM.
The transactions in the funds on Smittirday
were entirely without interest or importaucp.
The members of the Stock Exchange who at.
tended business, were chiefly occupied with the
election of their committee, which takes place
annually on that day, and all of whom were
reappointed. An oppoiltion was made to the
election of one gentleman, who
,had given some
displeasure to the members of the Stock Exchange,
by !lie manner of conducting some operations
entered into a few weeks ago, but the votes in
his faveur were nearly double those of the gen-
thnian brought forward to Oppose him. It was
determined afterwards by the committee, that
both (in this day (Monday) and to-morrow the
Stock Exchange shall be closed ; and it is gene.
rally expected that the business during the week
will be on a limited scale, as roast of the jobbers
have resolved on spending their Easter out of
too. -The few transnctions which did take
place on Saturday in the English and foreign se-
curities, chewed no :lintel-mai variation on the
prices of Thursday, but for the mostpart pur-
chasers of any discrintien were not so readily to
be found. Spanish I3onds, which have been
wholly eegieCted of late. are beginning to give