The Sun.
London, England, 1844-05-28 00:00:00

UNGRATEFUL TREATMENT.

THE STANMORE BREWERY, TOGETHER WITH SIXTY
INNS AND PUBLIC-HOUSES, SEVERAL BEER-SHOPS,
LAND, AND OTHER VALUABLE PROPERTY.
yIR. W. W. SIMPSON respectfully announces
that the above extensive property, which was advertised
for Public Auction at the Mart, on Thursday, the 30th inst., IS DIS-
POSED OF BY PRIVATE CONTRACT.
Bucklersbury, May 28, 1844.

TO-MORROW.
THE PRINCE DE JOINVILLE'S PAMPH-
LET on the STATE of the NAVY of FRANCE, as com-
pared with that of ENGLAND, translated from the French.
London: Parker, Furnivall, & Parker, Military Library, Whitehall.

GRAVESEND STAR PACKETS.
Fare, Eightpence or One Shilling,
Boat and Railway included,
From the Brunswick Wharf, Blackwall,
Daily at Ten, Eleven, Twelve, Three, Four, Six, Half-past Seven.
The Trains leaving one quarter of an hour before each of these times.
The Terrace Pier, Gravesend,
From the Old Shades Pier, above London-bridge, Daily at Nine
and Eleven.
Greenwich Pier, Half-past Nine and Half-past Eleven.
Roff's Wharf, Woolwich, Ten and Twelve.
N.B.—These splendid and fast Packets convey the public at the
lowest fares.
Star Office, Gravesend, May 25, 1844.

NEW SPORTING NOVEL.
Now ready at all the Libraries, in 3 vole.,
HYDE MARS TO N;
OR,
A SPORTSMAN'S LIFE.
By "CRAVEN."
Henry Colburn, Publisher, 13, Great Marlborough-street.

HER MAJESTY'S THEATRE.
THIS EVENING ,MAY 2S,
Wiil be performed (for the lan lime this season)
IL MATRIMONIO SEGRETO.
Elisetta, Madame Grisi ; Fidalma, Mdlle. Favanti ; Carolina,
Madame Persiani ; Paolino, Sig. Mario ; Count Robinson, Sig. 1..
Lablaehe; and Geronimo, Sig. Lablache.
Toconclibie with the Grand Ballet, in Six Tableaux, by M.
Perrot, ant it led

ONDINE, ou, LA NAIADS.
The Scenery by Mr. W. Grieve. The music composed by Signor
Pugncipal cLaracte re by Mdlle. Cerito, Mdlle. Scheftkr. Mille Fer-
dinand, Mdlle. Plunket, Mdlle. Barville, and Mdlle. Adelaide
Frassi ; M. Perrot, M. Montassu, and M. St. Leon.
Applications for Boxes, Stalls, and Tickets to be made at the Box
office, Opera-colonnade.

HER MAJESTY'S THEATRE.
The Nobility, Subscribers to the Opera, and the Public, are re-
spectfully informed that there will be an extra Night (not included
in the SubscriptionN

ON THURSDAY NEXT, MAY 90,
When will be performed Rossini's Opera of IL BARBIERE DI
SIVIGLIA, by Madame Grist, Signor Mario, Signor Lablache,
4lgnor F. Lablache, and Signor Fornasarl.
After which will be produced, a New Divertissement, composed
by Mdlle. Cerito. e•ttitled LA VI VANDIERE, introducing La
Redowa Polka, by:Mdlle. Cerito and M St. Leon.
To be followed by the last scene of Rossini's Opera LA CENE-

RENTOLA. La Ceneren. ola, Mdlle. Fivanti.
To conclude with the Gran I flatlet enott ALMA (omitting the
First Tableau), in which Mddes. Cerito and Frassi, and Mons. M.
St. Leon and Perrot will appear.
Applications for Bores, Stalls, and Tickets to be made at the Box
Office, .Opera Colonnade. Doors open at Seven. The Opera will
eommence at Half-past Seven.

THEATRE ROYAL. DRtJRY-L4
FOR THE BENEFIT OF MR. F;TZBALL.
THIS EVENING, MAY QR,
Will be performed the First Act of a New Grand Opera, entitled
THE BRIDES OF VENICE. Count Alberto, Mr. W. Harrison;
Count Ono Soranzo, Mr °lrani ; Naii,a, Mrs. Alfred Shaw;
Geraldo, Mdlle. Albert:4azi ; Francesca, Miss Romer.
After which, ACIS AND GALATEA Cupid, Miss A. Payne;
Acis, Mr. Barker ; Daman, Mr. Hudson ; Polyphemus, Herr
Staudigl ; Galatea. Miss Romer.
To conclude with BLACK-EYED SUSAN. William, Mr. T. P.
Cooke; Gnatbrain, Mr. Meadows; Blue Peter, Mr Barker; Black.
Eyed Susan, Mrs. :stifling.
Dress Boxes 75., Second Price 3a. ed. ; Upper Circle; of Boxes 58.•
Second Price :Is.; Pit :Is , Price es.; Middle Gallery 25.,
second Price Is.; Upper Gallery Is., Second Price &I.

THEATRE ROYAL, HAYMARKET.
Mit. BEN►AMIN WERSTEH, LESSEE.
THIS EVENING, MAY '29,
Will be repeated a New Originil Domestic Drama, entitled
£HE SEMPSTRESS. Goldring, Mr. Stric land ; Bob Debit, Mr.
f. Holl ; Plainwerd, Mr. Stun*, ; Mercy Golslring, Miss P. Horton;
Lev Sparkle, Miss Julia Bennett.
After which, Mr. Planche's Successful Comedy of THE FOL lES
OF A NIGH T. Pierre Pallid% Mr Charles ,Mathews ; Duchess
de Chartres, Madame Vestris.
To be followed IN the evt,aordinary Performances of Professor
RISLEY and his TWO INFANT SONS
To conc'ude with THE FAIR ONE WITH THE GOLDEN
LOCKS.
Orchestra Stalls, 55.; Boxes, .`O3. Pit, Is. ; Gallery, 24.; Upper
•lallery, Is. Half_priee -Boxes, r. 2 ; Pit, , ; Gallery, It. ; Upper
Gallery, (Id. Doors openei at Ualf.past Six, and the Performances
ommeace at Seven
Tickets and Places to be ha,d of Mr I. T. Archer, at the Box-
Iffiee, from Ten till Five.

PRINCESS'S THEATRE, OXFORD-STREET.,
LESSEE. r .1. NI, NI A 11110 X.
THIS F,V ENING. M Y 2q.
Will be produced a New Drama, cAlled BLANCHE DE V A LM Y
Colonel Chatillon Mr. Oranht ; Franval, Mr. Waftan : St Hilare,
Mr. Walter Lacy; Pierre 11.4tix, Mr. Oxber y ; Blanche de Valmy,
Madame Eugenie Prcrper Ju.tikte, Mi. Noel.
After which, A MISTAKEN STORY.
To be followed by aIA 1, r DIV F.R TISSE M ENT.
To conclude with Tth HE DEVIL'S IN IT.

tHEAPRE ROY L LYCEUM. LATE ENGLISH OPERA..
OUSE.
tinder the agerA ent of Mrs. KEELEY.
" Open Sesame; or, a N-ght with the Forty Thieves " rontigues to
be nightly received with perfect enthusiasm by crowded and
fashionable audiences
THIS EV uNINn MAY 2S,
Will be repeated a New and Comic Drama, cal ed TWO HEADS
BETTER THAN ONE. rine pal Characters by Messrs. F. Vining,
Diddear, Keely, and Emery, !~lies E, Chaplin, Mrs. A. Wigan, and Mrs.
Keeley.
To which will be aetled a New Comedietta. entitled THE WHITE
iEATHER. Princ4ml Charact,7, by Messrs. F. Virthig, Collier,
Craven, Yarnold, Miss Woolgar, Fairbrother
To be followed by In A 0r.,p07 Bagatelle. called POLK kMA NI A
Characters by Mr. .F. Ma...hews, Mr. Wigan, Mr. Keeley, Miss
Woolgar, and Mrs K e.•
To conclude with z 0 na Bride que Fairy Extravaganza, called
OPEN SESAME; o:. a Sight with the Forty Thieves. < ha.
meters by Miss Wo.,lgar, al: is E. Chaplin, Mrs. Woollidge, Miss
Pinner, Miss Grove. M Wig in, Miss James, Miss Fairbrother,
snd Mrs. Keeley, Weirs F. Mathews, Turner, Younge, Wigan,
Yarnold, and Chaplin.
PRICES OF ADM V ON.—Bid,,ny roxes, 45.; Upper
tiksl, Kiel;;lsoM. ii?C I .11. BATrtiiiiThß2M tier
:holding eight person 'l tx, Guineas Private Poxes on the Second
Pier (ho!ding eight p..rsons), one Guinea and a-Half. Private
Boxes on the Pit Tier (holding six persons), One Guinea.
-

ASTLEY'S Rfr. A I AMPHITHEATRE OF ARTS.
Prom etr, .Lu'ager, Mr. BATTY.
Splendid Whifsun Holiday Fe' es.
iftls Ft/ENING. MAY '2B,
Will be repeated a , enti,e new M litary and Naval Equestrian
Spectacle, entitled THE CHINESE WAIT; or, The Conquests of
Amoy by B itisli Arms. New Scenery. Dresses, Appointments, kc.,
to realise the recent tri nnphs of England's Army ,nd Navy.
Entire Cha.ige in !he icenes of the Circle.
Brilliant Cavalcade—Feats of Horse'n .nship—The celebrated Polka
Dance by Mille. Cushnie and Signor Milano.
To c nclude with a I aughable Farce
The door will open nightly at six o'clock, and the performances
commence at seven. Box-office opened daily from ten till four. The
private boxes hare been re .m.structed and decorated with care and
splendour.
Acting and stage-in s lager, Mr. W. D. Broadfoot.

DAYMOI,7B ROY,Ir. SURREY THEATRE
Extraordinary Novelty—EngafTement of Mr. G. Wieland, and Three
Entirely New Pieces.
THIS EVENING, MAY 25,
Will be repeated a New Drama in Three Acts, entitled THE
INSTRUMENT OF TORTURE in which Messrs. Saville, Hughes,
Hicks,,Honnor, Vale, Lewis, end Johnson; Mrs. H. Vining, Mrs.
Hughes, and Mrs Hicks, will perform.
After which a New Burlesque e,ititled.OEOßGEY BARN WELL.
Rupported by Messrs. Vale, Neville, Heslop, Mrs. Da'y, and Miss
ferrey.
To conclude with a Grand F..l:y Spectacle c lied THE SPRITE
OF THE SNOW DRIFT. Zimmeir. the Sprite, by Mr. G.
Wieland. Superb Scenery an Dres,es Extraordinary effects, and
wonderful feats.
Places and Private Boxes to be had of Mr. Kerschner, at the Box_
,dice, from Eleven to Four.

THEATRE ROYAL, ADELPHI.
OPEN FVEuY EVENING.
FIRST WEEK OF MADEMOISELLE ROSSINI, IN ADDL
TION TO THE WIZARD'S NEW WONDERS.
The Great WIZARD OF 9 HE NORTH is proud to announce
to the Nobility, Gentry, and Public, that he has, at an enormous
expense, succeeded in en
Ma vaging, for Twelve Nights only,
tlelle. ROSSINI,

The Great Lady Violinist.
She will have the honour of giving her Second Grand Vocal and
Instrumental CONCERT, THIS EVENING, the 29th Inst.,
and every evening dnring the Week, assisted by M. A I)OLPHUS
COLLINI, EMMA COLLI NI, VICTORIA COLLINI, and
JOSEPH COLLINL
The stage will hav a most brilliant appearance ! To give effect
to the most novel Concert ever given in England, a GRAND
SCENE has been painted exp•essly for this occasion, by M.%
William Beverley, AN ALLEGORY IN HONOUR OF HAN.
DEL, representing THE TEMPLE OF MUSIC !
The Great WIZARD OF THE NO,-2,TH is quite aware that
the Public expects something now at this season; he is happy to
say he will not deviate from .4 a good old rule ;" for he is con-
vinced he has prepared the most splendid Banquet that can be
offered to the Public ; In short, his present arrangements will
totally eclipse all his former efforts. He will, in addition to his
already unparalleled performances introluce NEW WONDERS,
among which will be an origin Experiment, Magic Filtering, the
Enchanted Silver Fish, and the Golden Circlet, with other asto.
nishing New Mirac'es, which will decide a question at issue. This
Entertainment will be divided into Four P trts :
Part I. The WIZARD will lie an hour in his Mystic Circle.
Part 11. The ARAB BROTHERS' Classical Groupings.
Part 111. Maddlle. ROSSINI'S GRAND CONCERT, in the
Temple of Music.
Part IV. and Conclusion, The WIZARD'S seconsl mystic hour.
Doors open at Half-past Six, to commence at Seven
Private Boxes .£1 15s. ; Orchestra Stalls, 51. ; Boxes, 44.; Pit. 25.;
Gallery, Is. Second Price at Nine o'clock. Stalls, 35.; Boves, 25.;
Pit, ls.

COMMENCEMENT OF THE SEASON,
ROYAL SURREY ZOOLOGICAL GARDENS,
GRAND WHITSUN FETES.
TO-DAY, TO-MORROW, AND THURSDAY.
Strong as have been the claims of this favoured place of public
esort at the beginning of each season, the Proprietor feels justified
In asserting, that never before did it offer a tithe of the attractions
t now presents. The Gardens have been completely renovated,
Statues and Fountains introduced. new and extensive Promenades
formed, and the most lavish expenditure in every department,
will evince the Proprietor's anxiety to insure a continuance of public
Patronage.
THE NEW GR AND PICTORIAL MODEL OF
LONDON IN THE OLDEN TIME I
Painted by Carlson and Telbin,
Is the most gigantic achievement ever yet produced, and fur grandeur
of composition, fidelity of design, and beauty of execution, it far
oxceeds any previous production. It rccurately represents ancient
London—Old St. PauPs—Old Lond..n Bridge—Baynard's Castle, and
all the principal Churches and Buildings of the loca,ity, and may
with truth be designated the most wonderful production of mo-
Jern times.
THE MENAGERIE, ALWAYS UNRIVALLED,
HAS RECEIVED MANY VALUABLE ADDITIONS.
To defy aIIAMERICAN competition, theDWARF Propriet
T.)M r has
THU MB engaged! the celebrated
now exhibiting at the Egyptian Hall, Piccadilly.
The PROMENADE CONCERTS—the splendid Band of Fifty
Performars, conducted by Mr. Godfrey—will perform a selection of
the newest and most popular music.
The far.famed HIGHLAND DANCERS AND PIPERS are
also engaged, and will go through two a.:ts of their National Danced.
which procured for them the distinguished approbation of her
Majesty and Prince Albert at Taymouth Castle
And at Dusk will take place the most astounding exhibit:on ever
attempted, vie., a Representation of
THE GREAT FIRE OF LONDON.
Mr. Southby (to whom in justice belongs the anpellatinn of " Fire
!Emir) has exhausted the resources of his art, to give effect to this
exhibition. London Bridge, Old St. Paul's Cathedral, and other
Buildings will appear devoured by the devastating element, and
present a heap of blackened wins, in accordance with the best
s7leepheneseeatnitoaiontst,:tr a
en at
Greatthe Cityper diode,satrritcll:tw the coup
fire.
d 'cei 1 will give a vivid
Doors ores at Twelve. Admission. One Shilling.

The ladies, who unquestionably were the very best
props of the Non-Intrusion cause—who ran about with
the Sustentation lists, and chalked the very doors with
.a cross if they did not succeed in getting the counten-
trice or aid of the inmates,—the Free Church ladies,
Maitland ho, for so doing, were coaxed and flattered by Mr.
Al.acgill Crichton of Rankeilor, and others of
the lay and Clerical leaders, including Monzie, Mr. Fox
Mettle, and Mr. Begg, of Libberton,_&c.,—and who were
.solemnly assured that their. right to vote in the
,election of Free Church ministers and elders, or
der officers, would considered and favour-
IV entertained, if not absolutely recognised in the
:Tree Assembly, which sat in Glasgow last autumn; but
-which right to vote was then postponed
tt. intill the next
to
oinga Edinburgh
meeting of the Free Assembly, now
we fea,rbecausneotwher disap-
-these ladies are doomed,
Tointrnent at the hands of the Free, look in
rain for any, the least notice, yet taken of theme
Tee° Assembly. Can this be possible ? Can it ben
ptoshis
that the leaders are now turning their backs upon-
ithe)adieg, and leaving them where they found them,
=law the moneys ? It will be exceedingly ungrateful,
iikaAicles ungallant and treacherous, if this be so. We
taro are that the Free House is very mueh divided on
the
stii wa*t. but that is no reason why the promised vote
should not be taken one way or other.
We beg pardon of the ladies for attending to their
.claims. We could not offend them,—we love them too
.well for that,—and it is because we wish to see them
:fairly and honourably treated, without any flirtation in
tthe case, from laymen or ecclesiastics, that we hve
!presumed to throw out these gentle observationsa.—
~,Se_otch Reformers' Gazette.

Lean BROUGLIAM.—The malice of the Post never
`was m ore apparent, perhaps, than in charging Lord
atrougham, on Saturday, with love of gain, because he
Maise,i the retiring pension of all Chancellors a thousand
to year, in 1331. It is perfectly notorious that this was
the measure of the colleagues of Lord Brougham, in
'whichway he never interfered in any whatever ; and
principally,
was a compensation for the loss of 12
large sinecure pie!!es abolished by Lord Brougham that
;year, one of wi'ich was nearly 8,0001. a year, and all of
'which had been treated as private property by the Lord
chancellors, his p.redoeassors, and made the subject of
:family settlements on Oft marriage of their daughters.
:But the grossest part of this misrepresentation of the
.Post is, the total omission of the consideration that two
sof these sinecures, worth 3,500/ a year, were actually
*vacant at the time, and might, before Lord Brougham's
have been filled up with young lives in his family,
;as they bad been by Lord Eldon.--Morning Herald.

OWE SHILLING IMAPORT AN ir NOTICE.
EGYPTIAN HALL, PICCADILLY.
dmission to
SEUM, the most magnificent
-teal Curiosities and WorksoAan'l THE NAPOLEON MU-
extensive Collection of Ilisto-
,nt
_firt ever known to have been formed
oy One Person, during Tw lornvei years of elaborate research, at a
cost of 60,000 guineas, and to
manner, the
illustrate, in the most in-
,loolnLois: important part of Euro-
peanili:llt CROMWELL, and
structive and interesting
history, viz.--CHARLEi I
LOUIS XIV., to the deaths of GEORGE anal the EMPEROR
aihatLbeen visited often,
NAPOLEON, in 1821. This unique Alti_tseeumoy
amily, the Duke of
ad
atila,eir Ladles,
several
ll the Pro-
during the last and present yea,r4,,binhbasist;,aorm
Wellington, the Foreign Princes,
also many thousands ®f the Nobility and Public;
prietor has recently hen able to increase, by
his previous situ .at incredible number and variety y6ll°
peeted It,
pictures, Scc.,
Mgs., Works of Art, awl a multitude of valuable Relies, and other
curiosities, curiosities, iii this most instruetive and, as hundreds have said it
ought to be, a National Muse,wit. Many ttousand have his
and THIRTY PRINCIPAL EMI-6%A of the l'illiLlC PREss
have stated that it otmht to lx, seen by every owe. The price of ettnils•
eon is reduced to ONE SIT ILL I' .
is
The NAPOLEON MUSI.:I7:tI to be seen only at the " Egyptian
Hall," Piccadilly, daily from Ten till Dusk.

The Right Rev. James Bowstead, Lord Bishop of
Lichfield, having died intestate, letters of administration of
his estate have been granted by the I'rerogative Court of Can-
terbury to Joseph Bowstead, Esq., brother and next of kin.
The deceased's residence was Eccleshall Hall, Stafford; but
he died at Clifton, near Bristol. The administrator has sworn
the personal estate to be under 10,000/.

THE SUN, LONIDON., TUESDAY ETENING, MAY 28, 1844.

irrational and inconsistent than another, that is the

course they will honour by their adoption. Mean-
time, despite all their eel-like twisting and twirling,
and open and ' secret opposition, the Protection-
system, for which they have so ungrudgingly made
these stupendous sacrifices of character, verges
fast to its fall. Yes, the hour speeds on that is bear-
ing on its wings the doom of every species of mono-
poly. Conservatives themselves—such is the cruel
necessity of their position—are made the instruments
of the overthrow of their own darling prejudices. First,
they are compelled to concede a tariff; next, a Canadian
Corn Bill ; and before they have well get over the
shock of these afflictions, their inexorable task-master
exacts from them another sacrifice ; and, true to his
favourite system of expediency, which has ever a
discreet eye to the "pressure from without," will
never let them rest till he has wrung from their fears
and their subserviency such an alteration in the corn-
laws as shall bring joy to the heart of COBDEN, and
set the pulse of BRIGHT bounding within him like one
of the " little hills of Hermon."

We resume our notice of the Premier's speech of
yesterday week with the remark that although, in its
commencement, the Right Hon. Baronet complacently
talked of this new " rider" to his monster blunder of
1819 as "this great scheme," (1) it was, in truth, a
miserable evasion, from beginning to end, of his own
questions of the 6th inst., namely, " What is a pound ?"
" How does the adoption of a geld standard of value
operate to regulate the currency ?" This Tamworth
Wizard has forgotten the promises of his own " Bills:'
He has still to show us how the danger of over issues
of paper money is " inevitably consequent" on the
abrogation of that standard. He has still to tell us by
what process of reasoning_the conclusion is arrived at
that in future tke circulation on issues upon securities,
of the Bank of England, should be limited. to
14,000,0001.; and "'the remainder of its issues to
take place on bullion alone." It is scarcely necessary
to insist on the truth, in all its rigour, of the remark
made on Tuesday last by a Morning Contemporary,
"that Sir ROBERT PEEL seemed to be incapable of
defining what money was ;" but any such worthless
quibbling upon words where precise definitions were
required—any such pantomimic failure as the Right
Hon. Baronet's, who, in answer to his own question,
"What is a pound ?" produced a sovereign, and abso-
lutely chuckled at the drollery of what he no doubt
imagined to be his irresistible demonstration, we trust
the House is nut doomed soon again to witness.
When Sir ROBERT finds in a bank note, after the
word " one pound," which it promises to pay to bearer
on demand, this descriptive indication, "or one gold
coin of the realm called a sovereign," he may begin to
persuade himself that he has identified the idea with
the thing—that he has identified the conventional
signification of the phrase with a palpable symbol of
the value it proposes to express. In the meantime
the gold sovereign is not a pound of bullion, twelve
ounces of gold, or twelve ounces of silver; and it is
equally certain that twelve ounces of bullion, silver or
gold, are not one gold sovereign.
But we proceed to more important details. It seems
that Sir ROBERT is determined that not only is a total
currency, of convertible paper and gold, amounting to
30,000,0001. amply sufficient for all the purposes of
the country, but that of this limited amount a large
sum would he, generally speaking, uncalled for :
" Take, for instance, the case to be as it was at
present, that the Bank was possessed of a large amount
of bullion, not less than 16,000,0001., the banking de-
partment of the Bank would possess 30,000,000/. of
bank-notes, fourteen mitlions on securities, and sixteen
millions on bullion. Now, a great portion of the sixteen
millions would lie dormant in the coffers of the Bank,
for about 22,000,000/. wool! be all that would be required
for the legitimate supply of the demands (f the country."
By what sort of "private-view" priority of infor-
Illation Sir ROBERT has arrived at this important
secret of the specific amount of circulation that
would thus be required, we are of 'course as ignorant
as we are of what may be signified by the "legitimate
supply of the demand" of the country. To our
humble apprehension, it appears that if, in the nature
of human affairs, it were possible to divine before-
hand the amount of circulation needed by such a
community as ours, for the transaction of all its
enormous business,—for its prodigious home trade, its
weekly and daily recurring disbursements for in-
dustrial wages, to agricultural and machine labour,
its machinery-cost of manufacturing production, its
investments and remittances on account of its incal-
culable foreign trade, and its absolutely countless calls
for, and transfers of, cash in the hourly transactions
of social intercourse—the grand and primary diffi-
culty of any monetary system would be, at once, re-
moved. But Sir ROBERT, knowing that the in-
vincible vice of his "great scheme" and the inevitable
inadequacy, from mere physical or natural causes, of
any metallic currency that, could be launched, to the
exigencies of the British people, was interested to
make out as good a case as he could in the matter of
quantity, for a practical base upon which to start.
He, therefore, modestly assumes that the Bank, upon
an average of bullion stores, will keep in its cellars
16,000,0001. in bullion. Why, it is true, that it has
almost that amount in its vaults at the present
moment. But it is equally certain that it never had it
before—even when it-has accumulated gold unde more
favourable circumstances than it operates with now.
Nor would it be quite prudent to assume that—even
now—this stock has been got together, or can be kept
up, except at the sacrifice of a premium, which, how-
ever the Bank may be disposed to pay it, pending
certain recent negotiations and the final decision of
Parliament upon terms so greatly favourable to its
' monopoly privileges, as those under debate ; it does
not follow that it would hereafter be either willing or
prepared to pay. But if this assumed scale of bullion
deposits be hereafter practically diminished, to any
considerable extent, the whole of Sir ROBERT'S anti-
cipations as to this elementary principle of his "great
scheme" falls to the ground. The country, if it allow
itself to be duped by his assurances, will find that with
the disappearance of, or wasting of the gold stock, the
general circulation must be proportionably contracted
(for silver is not to be a legalised tender at all); and
then the whole currency must acquire an oppressively
enhanced value. On that scarcity of circulation and
consequent dearness of money, a frightful, wasting,
and ruinous panic must ensue, which, with all its
concomitants of bankruptcy, terror, and commercial
ruin, the whole resources of the Tamworth Wizard's
legerdemain will be utterly powerless to arrest or to
mitigate. And it is clear that Sir ROBERT is himself
awake to the probabilities of such a disastrous eventua-
tion of his "great scheme." He, therefore, falls back
' from his own expressly stipulated postulate "that
bullion shall be taken to intend Gait only ;" and dis-
covering—is the course of his speech—that it would
be idle to expect that any such stock of GOLD could
be kept up as 16,000,0001., he submits that, of the
deposits in bullion to be maintained, in conformity
with the proposed Act of Parliament, by the Bank of
England, "one fourth may be in silver." That is,
that if the Bank could retain io stock 16,000,0001. of
bullion, it shall satisfy the Act in question if 4,000,0001.
thereof shall be in silver, and only 12,000,0001. in
gold.
In dealing with this hypothetical relaxation of the
" golden screw," we meet with the same whimsical
vacillation of purpose to which we alluded in our
paper of yesterday, as the Macheath foible of the
Premier :--

" The Bank, by the arrangement which he proposed,
would hold comparatively little silver. He had given
much consideration to the suggestion that the Bank, to
a limited extent, should give silver in exchange for their
notes when so required. The result was, that he felt
that great inconvenience would arise if they prevented
the Bank issuing any portion of their notes, and taking
as the basis of their security silver in their coffers. In
admitting this, however, it was not intended to depart from
the great principle that gold was the only standard, and
that those to whom debts were due had a right to demand
payment in gold. He proposed that still the only legal
payment by the Bank should be gold." •
If the Bank is " to hold, comparatively, but little
silver," there is so much the less reason why they
should not be required to receive it at a given or
Mint price, seeing that the gold standard of 1819 is
to be continued. If the Bank is not to be bound so
to receive it, the value of silver will depreciate to an
extent which will still furth,r enhance the value of
gold. But if the Bank, as Sir ROBERT resoli es in
the conclusion of this preposterous " great scheme,"
may hold one-fourth of its bullion deposits in silver,
it is clear that it will hold comparatively a LARGE,
and not a LITTLE, amount of that metal,. Now let us
take Sir ROBERT'S own assumption-4,000,000/. To
be a bullion deposit 'at all, it must have some determi-
nate value. To represent one-fourth part of the just
value of gold and silver bullion deposits, this silver
must have a certain, relative, fixed, proportionable
value to that gold. For otherwise, what is the tan-