The Sun.
London, England, 1810-08-15 00:00:00

•:,c medium merOy of the nooks) and tnutir e
v,,,,a!ing of the coin being ,:revented, one catiffof
•(iepreciation is removed, A free, sight is also given
to withdraw, melt, and export it ; and.thustbe other
' and grin,ipal'sOurce of the
:occasional fall of the • va-
hie of the current med.annof paymeni, below that
of the holhoh which it is intended to represent, is'
ako-effeeivally precluded -
In this , matinee at Hamburgh, silver, is not only
ivieastire of all. exSliargeable valise, but it is ren-
dered ad invariable ine.isure, except in so far as the
rellitive value of silver -.itself varies, with thevarying
• •
s.nuly of that precious metal from the mines ln
in& some manner the usage„.and at last the NW,
which:Made gold coin she.usual and at last the only
1,-01 tender in large payments here, rendered that
metal our measure of aloe:v • and fr'orn, the periOd of
he reformation 'of the gold coin down to the sus-.
petfiton of the B ink payments in
,specie in 1797,
08 coin was not a very variable -measure,of value;
being, suhje& only to that variation in therelative
%Atte of gold bullion which depends upon its•supply
tram the rnities,, together wish that limited variation
which, 'as above described, :might_ take- place be- ,
tween the market and the Mint price olgold coin.
The highest amount-of the depression of the coin
which can take place when the Bank pays in goy, '
has jtist been stated to be about s.c,per ceot..and
accordingly it will be found, that in all the pesiods
preceding 5797, the diderenee between what is
called the Mint pricts and market price of gold never
exceeded that limit. •
-Since the suspension of cash payments in 1797,
hoWever, it is certain,_ that even if gold is still our
measure of value and standard of prices, ;Chas been
exposed to a new cause of variation, from the pos!
sible excess of that paper which is not convertible
into gold at will ; and the limit of this new variation
is as indefinite as the excess to which that paper may
be issued. It may indeed be doubted, whether,
since the new system of Bank of Eirgland payments
bas been fully established, Gold has in- truth con-
tinued to b.' our measure of value; and whether we
r ail 'other standard-of prices than that circu-
lating med,um, Issuqd primarily by the Bank of
Eng+and, and in a seormuery manner by the country
-11.11 ks, the variations of-which relative value-may
boas Mo. lilac as the possible excess of that circulat-
ing Medium. Silt whether our present measure of
val.se, and ,tandard of prices, be. this paper cur-
rericy thusvatiable in its' relative value, or continues
Mill to ue gold, but gold rendered inure variable than

dLi

it was berote in consequence of .being interchange-
:able tor a paper currency which is' not at wilt con-
v_•rtible into gold, it in either case, most, desirable

for the pnbllc that our circulating medium should
-again be conformed, as speedily as circumstances
u ill permit, to its. real
,aud legal standard, Gold

<

[To be continued.)

• MALLS.
Duit-1 Cadiz,•t Watirford.•

PRICE l)i 1:0C1. S
THIS DAY AT TW., LV O'CLOCK,
COIISOIS - - • 64 4 i Omnium . 2

T E SU N.

SaDES DICERS TALSUM:AUDEAT ?

L 0 N 0 IV

WEDNESDAY, AUGUST 15, 1810.

Accounts have been received at the East India
, House of the arrival of the following outward-bound
ships at the Cape of Good Hope, viz. Ceylon, Astell,
Sir Hugh Inglis, and Willianz Pitt.

Weregret very much to see that many persons in
Ireland are 'displaying considerable activity in endea-
vouring to obtain Petitions for a repeal of the Union.
That many.of those who are thus eager for a repeal
of this great measure are actuated by honest though
mistaken views, we are willing to admit ; but that
the mass of their supporters are persons who enter-
tain principles that are equally hostile to the true in-
terests of both Countries is a fact of which we hale.
no doubt. There are unfortunately, both in Great
B,itain and Ireland, many persons who eagerly
seize every opportunity that presents itself of em-
barrassing the Government, at a moment when
the pressure of public danger ought to call
forth the exertions of every individual to se-
cure the general safety. We have seen many men,
we regret to say,,who boast of their attachment to
their country, yet- who have for years exerted all
their faculties to depress the spirits and damp the
energies of their Countrymen—who upon all occa-
sions decry the successes obtained by our Arms,
while they are equally rea.ly to magnify those of the
enemy—whose predictions are always of the most
gloomy nature, who fasten with delight upon any
tiring that has the appearance of a public calamity—
in a word, men who, under the pretext and cloak
of patriotism, are in effect, doing every thing in
their power to serve the cause of our inveterate.
enemy. The unfortunate Commercial Embarrass-
ments which have recently occurred, afforded too fa-
vourable an opportunity to be negleCied ; accord:ugly
it has been studiously represented in Ireland,
that those embarrassments hate arisen entirely
from the Union, and that therefore that measure
ought to be repealed, although it is one upon which,
its the opinion of every rational and dispassionate
man, not only the interests, but even the permanent
safety of the two Countries depend. Nobody can
feel more sincerely for the sufferings of those manu-
faelurers in Dublin and other parts of Ireland, who'