The Sun.
London, England, 1826-02-08 00:00:00

LONDON MAItKET,

CORN ExcgANaß, Fril• t.
in consequence -of the prevalence of contrary winds, the
aaroriingval,sahni4threrritcoesarare
ebuntoni at
small.inoi Tlbaset:uhrougattiotnrads. e
Nois e
ixaciieeedra...
Ingly dull to-day, and prim :maybe quoted nominally as On
Monday. In Barley, Beans; Pease, and ,Oata, there s lit&
tion to Flour.
AitittvaLe—British Wheat, 950; Barleyl 1,601; 040,
t 00,4
rir. ;
Irishs Baxley,; Data,

,

THE LONDON JOURNALS.

DAILY
Extracts from the Morning Papers, Feb. 81 18'26,

CT/IE REPRESENTATIVE.)
We present our Readers to-day with a copy of
the Treaty of Commerce and Navigation, con-
cluded between Great Britain and France.—
(See the Sun of Yesterday.)—lt is founded on
the basis of reciprocity, and is strongly illustra-
tive of those liberal and enlightened principles,
on which his Majesty's Ministers are so laudably
anxious to establish the relations of commercial
intercourse, with every civilized nation. These
principles, notwithstanding the apparent back-
wardnessand hesitation of the Continental Powers
to relinquish the long cherished prejudices of ob-
solete policy and opinions, are, as we have been
confidently assured, making rapid progress on the
public mind in every part of the Continent of
Europe. Commercial Treaties, like other engage-
ments, are observed *with cordiality and good
faith, only while their results are felt to be mu-
tually beneficial. Nor can it be hoped, that
they should continue to be observed, beyond the
period when the losing party shall feel itself pos-
sessed of sufficient strength, to throw oil the tram-
mels imposed by the diplomatic craft or acute.
news of refined negotiation. To secure partial
and temporary advantage, without regard to
due reciprocity of benefits, were therefore as-
suredly the height of impolicy. On this ground,
we cannot but congratulate country at large, on
the liberality and wisdom, displayed by Ministers
in the arrangement or a treaty, which promises to
he of equal advantage to both France npd Great
Beattie.

[MORNING rosy.)
The business in both Houses, lastuight, was
unimportant. In the Lords nothing further took
place respecting the intended measures to pre6
-vent the renewal of the late commercial difficul.
ties. The only proceeding was the appointment,
by ballot, of the Peers, who are to attend every
morning throughout the Session, to hear and de-
cide on Appeal cases. The only motions were.
made by the Earl of Liverpool. One, was for
entering upon the Journals the sense which the
House entertained of the valuable services of Mr.
Cowper, the Assistant Clerk of Parliament, and
the other for an Address to his lklajesty to make
a suitable provision for that officer. In the Corn-
mortrMr. Hume complained of the expenditure in-
curred for the Maintenance of the Life G uards and
Foot Guards, atitl'of its not being submitted to the
same checks as that for the other regiments of
the army. lie also moved for several Returns
connected WWI the Object, to the production of
iv filch Lord Palmerston made tio,opposition. The
Noble Lord proved at the same time that the ac.
counts althongh not furnished in the same form as
those of other Regiments, Were examined with
sufficient minatenessio prevent the possibility of
any misapplication of the funds voted by Perlin.
molt. lie also stated that. fiIIICV tBl4 all vacancies •
had,been'supplicd from the Uttlf-Pay List, unless
in the case of Officers retiring who were entitled
to sell.

[ll ENV 1'

As every' think which serves to illustrate the
practical effect of our Commercial Policy,
beComes, at the present Morrietit, highly lute.
resting, we feel it right to direct public attention
to a question which hai arisen, .with reference to
the trade between our Colonks and the United
States. , An Act of the last Session (Sot. G. Geo.
IV. c,114,) littituled es. Air Act to regulate 'the
trade 'of the British possessions abroati''—throws
open tier colonies to the trade of all our eountries)
and in their own' respective shipping, as.well as
Britiib'vessels. It is a Complete ebaodonment
of the :old Colonial System. It allows, with
very few ,exceptions, all goods to be imported
into the Colonies 'from any foreign country.—
It ellowi the, productions of the Colonies,
-without eny exception, to be exported to any
part of the vvorld, not under British dominion, in
arty
„foreign. Shipping ; reserving nothing excin.
sively to British 'shipping, except the carrying
trade botween one part of the British dominions
and ~another--a trade which every country is
alhwed to keel', to itself without exciting the
ieniousy of any other.: The duties ,imposed by
this.Aet upon foreign goods are all moderate,
barely protecting where British rivalry is con.
telPpleted, and in no case prohibitory. The Act
estebliShes p wttrehousing system, like that exist•
iog in this cetintry, so that the goods may, he,
itepiirted lit transitn, without- payment- of Any
duty. But this liberality to foreigners is clogged
with one condition—reciprocity, as far as relates
to the admission of foreign ships. The 4th sec.
tiou excludes the ships of countries, which, hey.
iug Colonies, • do not open, them in like manner
to.ptiiihippina ; Or which, not having Colonies,
do not place us upon the finding of the most fa.
tlo,9retl. nation. The Treaty lately math; with
natiCe is, fur purpose of
.giving effect to the act
between the two coentries and their Colonies.
Botstrailge to say,. the United %mei Of Aare.
meter, ',the .'itearptai oeighbours- of 'nor Co-
tonies, have en inhospitaide
wards Ilritish shipping, which excledes the
American
,ihip* from the benefits of the Art.
A troller per ton, is charged to their Ports ne'
British ships more than On SOnie other (to them)
fore,ign ships,consequeotly, British ships are
not placed on the footing of the most Savoured
ation,: A perfeCt reciprocity exists between
British .and American
and
us t rad e" bet weeit
!he United Kingdom the United
!ler treaty. The-ttollar in questiotl, sve under-
amid, is Weeded lits',W,rotatialittio ler our charg.
ng a small duty on the Ameriellu produce, which
1 do not'' r ris, titi I Itil; likei productions of.
.
own 't'hi's is a most on
enable pretenm. of feCirrOeity, ,Bejties, the ef-
4!at'is not coo n tervoililq,,,, for 0,-; Ive have hithurto
moosed ;)15 thvir' ships' on arrival a doll;it- a ton,
L""-”inti•irvait the dollar eliargod. ptir Alps. •
4u, departure, ' the' ort,a ;9, to increase, ale.
duty onA 111'4 "wn -Or;idttetiOns- Compared with
the prounctions of Cgoada. however, the world
is now open to our Colonies for their sup-
POI, and we have tw 44,mbt but that we" HS

•
btiyirs,.can hold out in the struggle or self.priva-
t*,'quiet as long as the Americans can, as sel-
lers. Wp. think it pretty clear, that after this
Government haft adopted a general rule of toter-
course- between our Colonies and Foreign
Countries, there is nothing in , the case we are
speaking of, which should induce them
,to
break that rule. If the pertinacity of the Ame-
ricans. shoald facilitate the openining of a direct
trade between our Sugar Colonies and the North
of Europe:—countrieil the Wants and the produc-
tions of which befit them "so well for mutual
commerce—it is probable that the trade may not
very readily revert into its former channels.
America has long treated our Sugar Colonies with
great illiberality ; she has considered them at
her mercy for their supplies, and has sought to
have the whole benefit of the commerce, both as
seller and buyer. The only benefit the Colonies
used to have as sellers watt, in a market for their
Itums, and this is destroyed by the high duties
in America.

NIIE TIMES.]
he differences between the Governor of To-
bago, Sir F. P. Robinson; and the Legislature of
that Island, have been before noticed ; but by
later accounts it seems that they have been car-
ried ,to the length of an open rupture. On the
9.lst of October, in a Committee of the House o(
Assembly, resolutions were passed, importing
that the House bud lost all confidence in his Ex-
cellency's Government.; that thiy could not,
consequently, take into consideration the im-
portant business before them ; and that a Select
Committee of five Members. would he appointed
to draw up a petition to his Majesty, praying for
the removal of Sir F. P. Robinson from the Go-
vernment of the Island. Ctlties of these tesolu-
floats were conveyed to the Governor by a depu-
tation u 1 two Members.

Onr city news gives us some account of a
dispute between Ministers and the Bank.—
We believe we have before mentioned that all
rumours from the city, which it is nevertheless
our duty to report, must be received with
caution.— Still less reliance, we fear, is
to be placed upon any statement which should
represent the Bank Directors as indicating a
manly independence in their transactions with
Government. Were a much more paltry set of
Ministers than the present chosen—of whom- the
worst that can be said is, that with two or three
exceptions, they are dull, but honest,---still, we
suspect they would find but too ready a compli-
ance in the bureaux of. Threadneedle-street.

flaying said this, hoWever, we must explain whet
we mean. We'verily believe that the Bank, Di-
rectors will 'put forth *great pretensions. Like
the little, shop-keeper of, the city, they will set a
high value upon their 'articles at first, and appear
most obstinate also in their endeavours to obtain
it. But. then they had rather lower their price
than lose their customer! This is a maxim of
City prudence : and anothic is, that if they lose
in this bargain, they may gain in the next. Go-
vervitnent, therefore, have nothing to do but per-
severe, anit.they will obtain their end ; which at
last will be but a mere point of honour. The
country will gain nothing, by the triumph.--
(IWO

rTng PUBLIC LEDOLII.I
Nothing further has transpired since our last,
capable of adding to, or detracting from, that
intensity of, interest
,which. the present aspect
of things in Ituisia has every where excited.—
The intelligence in, the German Papers, which
reached us yesterdaY, is not so late by nine days
as that in ottr last ; and it only tells us that the ac-
counts which are inierted in the St. Pctentburgh
Journal are entitled to unreserved credit The
Paris Papers of Sunday contain only comments
upon the important news we published yesterday,
or pretended amplifications, without throwing
any new light, however, upon the subject. In
the mean time, the occurrences that have just
taken place in that Empire, are a just judgment
of Heaven ,upon its Rulers, for the oppressive
character of their domination at home, and for
their unjust and:violent meddling abroad. ft
may be said, without the slightest qualification;
that that Power has been a curse to the rest of
Europe for dearly a century ;. hut if it had corn-
emitted in this interval no other crime but
that of partitioning Poland, and thus pre-
paring the way for most of the political en.
ormities that. have since Intervened, its cha-
racter would deserve to be held in execration by
every well.regulated mind. We would blush
were we to apply any part of this censure to the
Nation, which was 'only a passive instrument in
the heeds of an ambitious and profligate Court ;
and when we reflect upon the recent interference
of that Court in the concerns of Spain, and upon
the crowds of her best citizens, who have perish-
ed; in consequence, on the scaffold, or are now
pining in almost hopeless captivity or exile—we

must say that wo pot feel much disposed to
qualify our animadversions. At the same attic,
its vast military establishments left the other Euro.
pear Powers only the alternative of subjogatiod,
01. imitation; and hence those enormous standing
armies, which are the greatest into° of our time.
Hence, too, that intolerable load of taxation,
which grinds the substance of the, people every
where to powder ; whilst it may be said to coon-
ti,vact, the. effects of all the important discoveries
that have been made in. this fertile age.