The Sun.
London, England, 1826-11-08 00:00:00

NDS AT ONE 0 CLOCK.

PRICES OF FOREIGN F 1
Austrian Bonds, 5 per cent. —
Brazilian Bonds —
Buenos Ayres Bonds. —
Milan Bonds, 6 per ...ct. —
Colombian Bonds —
Ditto, 1824 3874 N
Danish, 3 per cent. —
Greek fonds
Ditto., 1826 —
Guatunala —
Mexican Bonds
Do. 1825 65 tiii:

Neapolitan, 1824
Peruvian Bonds —
Portuguese Bonds ill!
Prussian, 5 per cent.
Ditto, New —
Russian, New, 5 p. c.
Spanish; 1821 ' ll%
ISM
French Rented, b p. c —E —c.
--- Exchange —t. —c.,
--3 per cent. —t —e.
-- Exchange —l. —c.

PRICES OF SHARES AT ONE 0 CLOCK. '
Paid. For Share.
Anglo Mexican Mining Comp:my 470 37% 35
Castello and EspiritoSanto Brazil Ditto 5 2%
General Mining Association 5 3
Pasco Peruvian Mining Company l5 Xl%' 9
United Mexican Mining Company 25 12% 12
United General Gas Company '
Pearl Fishery, Yellow , 2 3

Arrived. Due.
O America
O Brazil 0
O Buenos Ayres
O Donaghadee
1 Dublin
O Flanders 0
O France
1 Gottenburgli 0

.
Armed. Due.
I Guernsey& Jersey 0
I Hamb
1 Holland gh 0
O Jamaica 0
0 Leeward Islands
O Lisbon 0
O Malta 0
1 Waterford 0

lIIGII WATER AT LONDON BRIDGE TO-MORROW.
Morning 46 minutes rater 9. Evening 15 minutes after 10.

tbit ;‘,

LONDON,
WEDNESDAY EVENING, NOV. S, 1826.

Hamburgh Papers to the sth inst. reached us last
night. They do not furnish us with any political
news. We subjoin a few extracts, by which it will be
seen that a new steam-boat, the Duke of York, of
760 tons, from London to Hamburgh, had been in a
situation of great danger, from the terrific effects of a
heavy sea, from which it was rescued by a merchant
brig.
liamatmon, Nov. 3.—lt was not till this morning that the
(quite new) steam-boat the Duke of York, of '760 tons, arrived
in our harbour. It left London on Sunday, and in the violent
storm, its rudder and mast were broken by a heavy sea on Mon-
day morning. In this situation it drifted at the mercy of the
waves till Tuesday morning, when fortunately the Maria, coming
from Malaga, appeared in sight. By an agreement with the
Captain, she was taken in tow by the steam-boat, and which on
the other hand, was directed in the course it was to steer by the
Maria. On Wednesday, having arrived off Heligoland, it was
proposed to replace the lost rudder, but this was not possible,
partly ou account of the high sea, and partly on account of the
want of materials. It was therefore resolved to centinue the
voyage in the same manner to the Elbe, into which the two yea-
sels entered yesterday afternoon. The steam-boat had 310 chests
of indigo on board, and as it must unload and repair, it will not
depart to-morrow morning, but on some other day not yet fixed.
SwrTzsaLAxn, OcT. 23.—Prince Leopold of Saxe Coburg has
visited his sister, the Grand Duchess Anne, in the Elftnau, near
Berne, and on the 15th set out to return to England.
The Jesuits are spreading in Switzerland. At the entrance of
the city of Freiburg, a large and magnificent edifice is building for
the Jesuits and their pupils, from Switzerland and other countries.
When it is finished it will contain 1,000 pupils, and is said to
have already cost 300,000 francs.: This was raised by means of
shares, which the Jesuits intend to pay with the profits of their
establishment ; and there are at present eighteen Jesuit, at Frei-
burg, who act as teachers, have the title of 'professore, and are
paid as such. They have at present thirty private pupils among
them, and endeavour as much as possible to get rich young men,
or the sons of powerful families.
In some parts of Wormland, the peasants are in such distress
that they mix powdered bark of trees with their flour.
EXCHANGES.:
7
omio.nths, 86. 10.
B 1 Isaitt ux
,ftGOlic'T.l43°lv.. —3 *T-fre7e. mlOn;thtsw,
VIENNA, OCT. 25.—Two months, 10 3.
CHRISTIANA, OCT. 21.—Three months, 6 Sp. del. 44 sch.

The Paris Papers of Sunday and Monday, had
lot reached town when our Paper went to press this

afternoon.

We understand, that in consequence of the family
affliction which the CHANCELLOR of the EXCHE-
QUER is suffering under, he will not appear in Parlia-
ment before Christmas. The financial expose which
the Right Hon. Gentleman usually makes in an early
stage of the Sessions will therefore be unavoidably
postponed till the meeting of the House after the
Christmas Holidays. Indeed this will obviously be a
more convenient arrangement than if it were entered
upon at once, as all the Finance Accounts are made up
to the sth of January, and consequently it. would 'not
be possible, previously to that time, to lay before the
House so.complete a statement of the Financial de-
partment of the country as subsequently thereto.

It has on more occasions than one fallen to our lot
to represent some of the evils resulting from the pre-
sent Licensing System ; and if we have of late refrained,
it has been from no change of sentiments, but from an
idea that the system was so avowedly and so noto-
riously bad, that no man in his senses could sit, down
to argue in support of it. In this conclusion, how-
ever, we have been greatly mistaken, for we now see
attempts are making to bolster up the system, and so
to support the odious and destructive monopoly that
has grown out of it.
•. •

Whether this attempt to uphold a system, so oil in.
its operation, springs from the brewers, or from any
other body of men, is all the game to us ; our hoitility
is directed against the system, and not against the
men supporting it ; and ,being thns independent, we
mean to wage uncomprOising warfare with it. We
never could P P of public policy
.
rocp,erre:ia:liielotioinld be made to depend upon the
But even admitting that
what rinci le
(for justice is out of the question) the Value of a man's
refusing a licence could with
private property,
Magoirstrate
shoW how justice and equity are supported by
propriety be lodged in a Magistrate, it would he, dif,
capricioustieses of a
the power
the power he has of subsequently withdrawing that
licence without a cause shown, and even without
notice.. A licence once granted ought to be perpetual,
unless the individual exercising the powers given should.
ficult to
abuse them, or misconduct himself; in this event it
would be right to. withdraw the licence, but even then
the power of withdrawing it ought not to be in the

breast of any set of Magistrates whatever; but after
legal trial and condemnation by the verdict of twelve
good and lawful. men. Every body at all acquainted
with the constitution of the Quarter Sessions, must be
aware how constantly it is agitated by hidden motives,
self-interest, the support of a favourite opinion; a pre-
conceived prejudice, an unalterable conviction in
the truth of a certain set of notions ; nay, even the
bare conception that the applicant bears a bad character,
alternately sways 'and governs this redoubtable knot of
Magistrates, who, in reference to the licensing system,
exercise the unbounded powers entrusted to them,
without rule, and unchecked by the presence of the
public, or the reports of their proceedings by the prem.
In such an assembly what chance hasthe unfortunate
publican ? he embarks his property in a business over
which he has but little controul, for conduefhimself
how he will, occasional disturbances must unavoidably
arise, and with the feelings of a man about him, and
these excited by taunts, by abuse, by all the multitude
of annoyances that his customers fail not to employ,
at h, and take no part in sigh as
how is it to be expected that he can check the ebul'
litions of his wr
affray ? It is, we think, beyond the power &huß n
ma
nature, and we are sure it is not in a ritoil
to withhold. Yet, mark the consequences. The
tale is borne to the officious magistrate, the never;
failing attendant on the Sessions. It is exaggerate"
into a serious riot, and the circumstance that the
landlord joined, is dwelt upon with malicious eon.
stancy, with hypocritical lamentations that a num hi-
therto so respectable, should so demean hirnself—soine
regret that it fell to his lot to remark
duty, &c. &c. compelled. 'The licence is withheld--
the man is ruined. •
All this is the effect of the present licensing systou!
which places in the hands of' interested men, pow,,ers‘
which are almost too great to be entrusted to 3 ,lie''
of the land. We do, therefore hope, to see chafe
alteration in the system, as will make the agir
exercise these powers in the face of the pubic' An
in con-
upon it—but
with the assistance of a jury, as part of, and
junction with, the ordinary business of the ses'i.i°°s'ory l,
Until that takes place, it is in vain to 1001(
very beneficial change.

on

An article published in the' Times of Monday,
the state of the Cotton trade, seems directed to on'
tt.rhoavtetritleanbeosit)iinlioopiei
sexopfretssehe expressed in this paper a
foundedm onth sr'
the superiority of the hondtaeetmsi
r in the Times
n manufactured
TCohtetowrite .
ported.; but had he countryirnii.eossrtasuirsnoktntt,yaltfwtrehw.rrneeev,earfil,t.fi
ttia:castitietifwetorhose; . ;i,,
ilhalfe
nearer
et
rh et
hqeu
truth.antity
T manufactured,illeifilih
at home is dt
g(b),ree,atw,, 0:et:II:ilt: ,
..
fitifltehsfartertes cgoinvseu:iend have been et":
support of our opinitohnesa tO
the quantity exports.
.of
onl.o,vnpotio,11:1w1:::
convinced of the truth article Notwithstanding"
alluded um.wdogeudal
feel no sort of doubt that, if the price °f v°
twueredshocuoltdofint
cottons would
wo
bore a little more proportion to the value of lobour:
price 0 pro
that the home demand for mnoofw ;:.
nearly. all the. difference
between distress a»d Ito dii.
tress, although
perhaps not between distress and tiros'
so increase as to make Pretty
is' eof the advantages springing from
perit By thus insisting on the great and superior
value of the home markets, we by no means intend t 0
set underrate
.hi the benefits of a foreign. trade. We ele
_ thus created for the overplus produce of our 'open'
B it et the same time it is to be observed that a
,fOII9O
traderegarded
is a secondary'object, and cannot be at any toed,
egarded until a home demand has been geielesi,
that demand answered, and supplies furnish-ea At
most to a glut. If there. is any truth in this No'
itl we
(andit seems almost impossible to controvert'. ,
; i 0
_ may safely appeal to it as accounting for a Poet'°l be
least of the heavy decline in our foreign flourish'trade'
the 00
cause, if the foreign trade is dependant on the two
may assert, that,
mg state of the home trade, it necessarily follows, 'OOO. i
failing the latter, the former must_ineritablY I.° wen
Forf we o
the home market to consume our menufeeture-ro,
contracted, the foreign trade will feel a 1114° der ' i
~) ies "
if by any means the P°, ore
sion, whatever may be the state of the r°--'" oil
is not intended to dispute, but it
which that foreign trade is pursued. That
tho ea, ii
of goods manufactured is regulated by the clen'Blola
this consideration, viz., that that demand is Again
once of
lated more, or at least as much, bY the Presefissitits
money, or money's worth, ashy the absolute ilea
toje
of mankind. Thus the depression ower f°reign „thg
in manufactured cottons is more t '41,61' yen
yore'
cause of our distress, and, we h+ '° 86" re--°„,rove,
hopes that it will revive as our home markets 'in:- op'
. Let us not be understood as maintaining, Os
mon that the progress of yes,maiitifact 8100
foreignforin
too clearly
nothing to do with this decline in On
trade. We are far from holding this doetrinettba too
is wished to °Pre„o,
stato of the accounts of the exportation °l.cts, but
which was.
articles of cotton manufactured and cotton tw.t'l iortt,
But mayindicates a growing riealry in foteliPtioa of
not a part of this augmented exPor,"uoies?
cotton twist proceed from the befors-nentiottea cwor the
.1,,s it impossible to supposa that h) the absenelotoiit,
demand for cotton goods at home that the oen„ god'
that the same
for the home market, in default of that initrlcetl 4, the
abroad to .seek a sale there?. There ,is notheigoideli
state and condition,
intended to be works into 00°' f; itnt,
of the, United gingdoin ,tide of
different front that of other nations on the
c
oiaiot
Europe and Amens, that should justify tuPoilliiigi°
England, should advanec elsewhere. 'nerd ii with tP6
even in any fact at present known, eont,l:'et!„,i, $ ell;
.state , of manufactures, that. should just°Y 5.- aeol the
elusion notwithstanding it is impoisible to.
..0, . 0
branch of industry, whichis d°. othttLig
decline in consumption both at home and $m nejog
', British manufactured goods. Auti if Ore 'las ore
to found this:opinion upon, we illay PDX rerojegoat'
confidence in thew opinions,- which. essigr,„,, ,
"uses, upon] other grounds, for the orne en' „,,,'• olue-P
It is
also to be. remarked, that slthouip,.:,),,,teil
more than ordinary of cotton twist is now °it'll 00
than in a year or so ago was the ease, let- tei
means follows that increased ' activity 11, re' use
foreign' looms, whilst ours, on the other 1111. i." 1.3 A, pet'
in unhappy quiescenee, lut for this lAttef is oily
wept the inference 'were just,. and we own it is to n 4.1
what bold even now to deny. it. lloviee'eto, " twit fa
rePIY) it is not a more startling proliositioll

reign looms should not only continue working, but
should experience encreased vigour, whilst ours remain
idle and inactive. Why should this be the case ? and
be so too not by degrees, but all at once of a sudden,
as if by the influence of magic, or some more terrible
supernatural visitation ? The advances of improvement
are slow, and skill i 8 attained by long assiduous and
unwearied practice ; it would therefore be strange, be
passing strange, if the avowed superiority of the
British artificers were reached by the no less avowed
inferior workmen of Europe and America in a mo-
ment, and that moment reserved for a period of deep
commercial distress. British Manufacturers then be
not cast down, the day Spring shall again visit you,
and England arise like a giant refreshed, the Queen
of Nations, and the Mistress of the Seas.

The late proceeding against Mr. WILKs at the
Mansion-house, is one of those cases of extreme hard-
ship that now and then occur at the Police-offices. We
are not surprised that upon such occasions gentlemen
unaccustomed to legal proceedings should hesitate
how to act in them. Mr. WILKS, as may be sup-
posed, from what has been before said of him by us,

is no favourite of ours, but in the present instance we
consider him a grossly injured and oppressed indivi-
dual)
.and therefore entitled to all the support a free
Press can give him. The proceeding against him
was on the behalf of a Company calling itself the
British Annuity Company, a company which divested
of this fine name, and designated according to the
truth, would perhaps better be called the British
Usury Company ; for every body must be aware that
the granting of Annuities is only a way of avoiding
the Usury Laws, and leaving the lender open to de-
mand as much per cent. for the use of his money as
he pleases. We are almost tempted to wish that
the Annuity Act was repealed, and the granting of
annuities for pecuniary considerations totally prohi-
bited, for we never knew an instance in which they
were granted by a man in his sober senses, unless he
was previously deeply embarrassed, and compelled to
obtain money at any cost. The iniquities and extor-
tions practised under the sanction of the Annuity Law,
are without end, and we may therefore be allowed to
deprecate the existence of an Annuity Company, with-
out being charged with any intention to impute these
fraudulent practices to them or their proceedings. At
the lame time, we confess we look at them with ex-
treme suspicion, a suspicion indeed that cannot be re-
moved or lulled. Mr. WlLics has been three days
in custody on a charge of felony, his accusers did not
appear, and at last he is liberated, but on very heavy
ball• Yet throughout the whole case nothing has been
shown than can in the slightest degree bring home to
him the intent to defraud, which is the very gist of a
charge for forgery, and without vshich it ceases to be
a crime. From the tenor of the evidence adduced, it
appears to us that the prosecutors were fully aware,
from the commencement to the end of the business,

that the charge could not be substantiated ; and it is
clear they were not damnified by the payment of the
money into tk. hands of Mr. \VILKS's bankers. Had
the Magistriar asked all of the witnesses whether they
believed the indorsement of the Bank Post Bill was
!nada with intent to defraud, they must one and all
lun'e answered in the negative, and this very simple
question thus replied to, might have sent Mr.
wILIKB home to his friends without delay. In-
"ependently of the individual injury sustained in
this cue, a great moral evil has been inflicted on
_a.ociety: for here is a subject deprived of his personal
liberty, and submitted to the degradation of a public
Inquiry on a charge of felony, and all upon grounds
has
sufficient to justif
y the issuing of a warrant for
ins apprehension, in order to examination. More-
over, beyond this the forms of law have been prosti-
tuted to private purposes, and justice polluted at her
source, in order either to gratify a malignant spirit of
revenge or to extort from the accused a something,
had be been left to the exercise of his unbiassed
judgment, he would have withheld. We beg to enter
our decided protest against such a prostitution of the
criminal law, and such a perversion of its end andpur-
nre
~--a proceeding which we cannot but stigmatize as
, highly disgraceful to the parties concerned, and much
lest justifiable in every principle of moral justice than
even the crime with which Mr. WILKS stood charged.

The foreign Exchanges of yesterday, were at rather
l`3"r quotations. The exportation of Indigo, has
been carried to an immense extent lately ; 5000
ene, are'said to have been shipped for the Continentwithin the last mouth.

We are most happy to be able to state that the
account. of the Duke of York's amendment arc very
loourable to-day.
The Marquis Abrantes, who has played so COnSpi`•
c
IT" a character in the recent disturbances in Portu-
gal, has arrived from Lisbon by the Skinnier Packet.