The Sun.
London, England, 1826-09-25 00:00:00

ZrPHANCIS ON LONDON.

AMSTIIRDAII, SIFT. 22.-40. 6. ; two months, 40. S.
Ilamanaan, &err. 19.-37; two months, S 6. 9.
Prraisauacw, Sarr. 5.-94.
laupsw, Ssrr. 15.—Three months, 6. 17g.
Bitaux, San. 16.—Three months, '7. 1.
STOCK/ROLM, Sur. 8.-75 days, 12 rix don. 34 SAO.

The Leeward Island Packet has arrived, and brough
some information from Laguayra to the 6th August.
The letters are full of rumours, detailing inte"ded
military movements against General PitEi, they,reater
part of which are of a nature not to be depended
upon. There is, however, an apparent resolve on the
part of the Government to put an end to this state
of affairs without loss of time ; and PA ET, it
further added, has left Valencia, for the purse °I
making preparations to resist any ;.ittenipt to objil-
gate him. The fortunes of General PAEZ do not
seem to increase, but rather on the contrary, deser-
tion is thinning the ranks_ of his troops. One thing
appears certain, that General 13ER Nt VDU., by letters
from Angostura of the 16th July, had been visiting
the important points on that river, and taking Ines-
sures against any attempt of General PAEz to goo
partilans in that quarter.

As the season is advancing, and the winter rapidly
arap
factoring
uroria
icighinclgass,wese think it a fit and
tit.
to turn our eyes towards the condition of the mat
meliorated, or what hopes we may entertain that cloth-
ing, fire, and candle, may be obtained for the poor from
The present very
the profits of their own labours.
severe distress has been:borne by the people with un•
• p elt
exampled patience,: but its severity was in a ur
°wore
to.see in what degree it has been
proper opportunity
degree mitigated by the circumstance that it
in the summer, and that summer one of the wallies'
and most congenial that we have experienced formol
years. The respite thus afforded from the very &Pa'
of the severity, has been employed in the best Iflignler'
and exuelirit,igonsinitiearvese
tbs been
mattemadethe
on
ulflacht
umriedrss tto r
o ereYesi:
nd fboer
furnishedrna
ilufaet manufactured
eo ods, t
people,
h t
stintai
they
be ploym
be enabled to support themselves and families 3
little degree of comfort.
We wish we could say that that these exertions had
been attended with complete success. Such' iw'he"
ever, has not been the case, and it would thexefore
something worse than folly, to delude ourselves wilt'
vain hopes, or to entertain the slightest esPectati°ll:
that the manufacturing classes of his Majesty's
jects will be enabled by the profits of their ow"
hour, alone to go through the rigour of the apPrutivc
ing winter. It is true, an improvement hal ti*e
11,
place in almost every branch of our woollen, e"ttl.
and silk-manufactures, but, that improvement has °
veloped itself more, by adding to the prices hither
ter
paid for labour, rather than by enabling the °Litt.,
manufacturers to put more hands to work. A'
srel'
soil
they or
,withstanding this encrease of wages,
autitrt y
ruinously low ; so low, that the same
v
hip
work that used to enable a weaver to suPP7 suf.
family with comfort,
ataniewnfeil.epldialcitioei
7wassnecldfa:rciyeelsytiaiif,illlo tv'elvel:d
jg:.
tiimcipernotvetomeclnottliiieas
trust, it ho Pr°
ceeded upon the reas
phosion 9
mand, so as to' leave us without.sPPr'
grounds of bonajde ane . f

relaTposew.hat extent beyond the nt
tcan. we hope to benefit the condition of our gouda.
tshinng
id Interests ? Can we reams* hope that
the!
be carried to the same • exPect '4'W'
height, or
001
to see the same
number of yards annually issu`ng , et,
British looms the answer g'v
as-formerly ? We fear There
to thesequestions must be in the negative' ,to
a earsepnlat to us no ground for such expectations, enn
of
by the hopes that our
entertain them, therefore,would only lead into err
and utter ruin. ger
It is hardly lon °
..
deluded possible for the country to be any
present bnprovetee
teed entirely from temporary causes, a h 35
which commerce might again revive. The ev t
ill
been of too long duration to aflbrd use ven this' l'''r, s
of consolation, and moreover its progresi '''
degree 1 • to 'I tirelY
been marked by events that clearly and but - ° ' been
indicate quite an opposite conclusion. it hal
410
said that foreign rivalry is a main feature in the cloy
of this evil, but although no way dispose 4 sa ( its
;is effects
the existence of this rivalry, or: to despise --- th,t
trifling and inconsequential, still
present dtiisit:eresNiriesoyPsti
of
we do not 0%005
this rivalry would of itself produce the ewe.°
li„g
revulsion from which we hope the country is begin'

to revive. „,,, in
The proof, indeed, of its existence, is to 14 I,`,°-
the quantity of cotton, cotton twist, 'T ul' in.
hen olest°'
exported from England to Germany. °
deed, iaf the latter article have of late been On

tirely for exportation, and thus- establishes the fact
beyond all doubt ; and if, indeed, any additional proof
were wanting, we have it in another fact as uncon-
trovertable as the one above mentioned, and one, in-
deed, that deserves the very serious consideration of
our master manufacturers. It is this ; that for many
months past there has been a daily diminution in the
quantity of manufactured goods issued from British
looms, and yet the supply seems to exceed the demand,
from the circumstance that sales cannot be effected ex-
cept at prices barely sufficient to cover the first cost of
the article.

So far as foreign consumption of manufactured goods
is concerned we believe that the rivalry abroad has, in
a great measure, operated against us ; for although we
think that every nation on the face of the globe has
experienced in common with England a portion of the
effects of that commercial revulsion which has shaken
the credit of the first trading houses of the world, still
wwdo not imagine it could have been so destructive in
its effects as, by impoverishing the people, to produce
so very sensible a depression in the quantity of manu-
factured goods previously usually consumed by the
world in general. It follows then; that foreign looms
must have lately supplied a much larger portion than
usual of that demand which before was exclusively
devoted to take off the produce of British looms.
That such a rivalry, producing such effects, is suffi-
ciently mortifying and formidable, no one will deny,
but it is clear it could have nothing to do with the
diminished consumption of the United Kingdom.
The internal commerce of every kingdom is or ought
to be far more valuable than its external commerce,
and, such 'indeed, has been the case in England for
many hundred years• We think it could be established
that 'the quantity of British manufactured goods con-
sinned in England, and her dependencies, would very
far exceed the quantity consumed by foreigners.
Hence it should seem that foreign rivalry is not the
only cause of our present' distressei. The evil lies
nearer home, and must we fear be looked for in the di-
minished means of our labourers, and the high price of
provisions. That the same necessities which caused
the first demand exist, no one will deny; it is equally
clear that those necessities could not be supplied by
foreign looms, and thus reluctantly we are driven to
admit that diminished means of purchase is the only,
assignable reason for this immense falling off sin the
consumption of manufactured goods.. It is very true,
the man in want of a pair of shoes must eventually
have them. Eventually, but that eventually makes all
the ,difference, for, before the day arrives that he does
actually buy them, as much time' may have elapsed,
that in more prosperous days would have served to
wear out the wanted new pair of shoes, and render a
third neeeslary. Thus, at least there is one pair of
shoes less consumed than before, and when this rea-
son is applied to a whole kingdom, and the whole
body of manufactured goods, it is easy to see that the
quantity of goods consumed in a year must be greatly
diminished, and produce a corresponding quantity of,
distress ; a distress, which every day strengthens, and
which as it strengthens, only confirms its cause, and so
reproduces itself.

-7- f
It now turns out that the letter sent to the Proprietor
of the North and South American Coffee House,
respecting the landing'of 5 or 6,000 men at Tampico,
was a forgery, got up for the purpose of shaking the
stability of the Mexican Bonds... We received the
following,froM our City Correspondent
The gentlemei composing the committee for the management
of the North and South American Coffee House, have offered a
reward of one hundred guineas for the discoiery of the party who
forged the letter addressed to the Master of the Coffee House,
(Mr. Davis) which arrived from Portsmouth on Saturday last,
stating that a large force had been landed at Tampico, from the
Havannah ; and the Committee also highly approve of Mr.
Davis's activity and exertions, to ascertain the party who is guilty
of such an infamous transaction.

In another part of our paper will be found the ac-
count of a meeting on the Corn Laws, in Hampshire,
svlier the original resolutions met their deserts, by the
substltution of an amendment, which was carried almost
unanitnously. Really the advocates for Corn Laws are
beginning to call out before their time ; they have had
a long day of it, but it cannot last for ever, and they
should remember that bther portions of his Majesty's
subjects must live as well as themselves. In the very
spirit of charity, if not of common justice, they ought
to allow those who cannot get work to have food as cheap
as possible, for the general comfort as well as general
welfare requires that one portion of the community
should not possess exclusive privileges and feast at the
expence of another.
We have 'no wish to infringe established rules, or
assail particular interests, hut if these rules are subver-
sive of justice, and these interests at variance with the
common good and prosperity of the country, we gee
no reason why they should be entitled to peculiar favour,
merely because they happened once to be exclusive
in their tendency and spirit. In the case of the Corn
Gentlemen, it may truly he said that the maxim of
All partial evil universal good"
is reversed, and they cannot, at least they ought not
to grumble, because things are likely to right them-
selves at last.

Letters received this morning from the coasts and
Milling Districts of Cornwall, state the success of
the Pilchard Fishery, and very considerable improve-
?tent in file sales of copper ores, which have advanced
In price, within a veiy feW weeks, so as to be nearly
coal t 9 20 rouudo per to a copper.

THE FUNDS.

CITY, Twelve ()teach.

The business effected in the British Funds has been hitherto of
a limited character; Consols opened this morning at 791 80, and
have scarcely varied 1 per Cent, the present price is 80 4 for the
12th of ' October account. The only business in the Foreign
Market has been in Mexican Bonds, which, contrary to expecta-
tion (the Letter received on Saturday relative to the landing of
troops from the Havannah on , the Mexican shore being proved a
fabrication) have been extremely flat, and the price lower, 6114
being the nearest price ; it is supposed to be a Bull account in this
security; Colombian Securities have scarcely been affected by this
report, and continue steady at 36 The Share Market remains
without animation, and seems almost forgotten ; there is no altera-
tion in prices, which are quite nominal.

Three per • Cent. Consols, 79i 80; Ditto for Account, 80
India 4 per Cent. Bonds, 27 9 pm. ; Exchequer Bills, 15 16 pm.
Foaxiow Ftnas.—Brazilinn, 64 6 ; Buenos Ayres, 61 2 ;
Chilian, 43 4 ; Peruvian, 26 7 ; Danish, 5718 ; Colombian,
1824, S 6 1; Mexican 5 per Cent., 51 2 ; Ditto 6 per Cent.,
6112; Greek, 131 .14 ; Russian, 821 Si; Spanish, 10i 1.
Mtwits.--Anglo Mexican, 40 45 die. ; United Mexican, 14
13 die. ; Pasco Peruvian, 11 10 die. ; Brazilian, 8 9 pm. ;
Tlalpuxaua, 5 15 pm. ; Bolivar, 1 3 pm. ; Colombian, 5 6 per
Share.
British Iron Company, SO 28 dis.

Two o' Clock.
Consols, 8O ; Mexican, 62. A report prevails that another
Spanish Regiment has deserted to Portugal.
THREE 0' CL 0 CK.

Consols, 80k
FOUR o'CLOCK—CLOSING PRICES.
Consols 79,i 1 Danish Bonds
Do. for Ac. 801 Greek Do. 1825 13i
Brazilian Bonds 56 Mexican Do. 1825, 61i
Buenos Ayres Do. Peruvian Do.
Chi Han Do. 40 Russian Do. 8311
Columbian, 1824, 35i Spanish Do. 10f