The Sun.
London, England, 1826-02-13 00:00:00

suggest in plain terms any departure from them.
They reiterate in a thousand forms,the objection
to the measures of Ministers, that they do not
go directly to the mitigation of existing dis-
tress. They carp and carp—they hint and hint
but not one of them has yet come forth with a
straight forward and manly proposal for an
issue of Exchequer Bills, the proceeds to be ap-
plied to the relief of Merchants and Traders,
or for any measure tending to an immediate
and rapid increase of the currency, or in short
for the interference of Government in any distinct
mode. That they wish such interference—that
they would hail with acclamations any proposal
of such interference coming from Ministers, is we
think manifest from their whole language and
manner. That they abstain from openly declar-
ing their wish, is the highest tribute they can
pay to the soundness and validity of the general
principle opposed to its accomplishment ; nor can
the entertainment of this desire be thought by any
means discreditable to them. They behold the
tide of ruin engulph in succession the fortunes of
men with whom they are intimately connected—
however high above the reach of the wave, they
are themselves perpetually annoyed by the spray.
Their regard to sound principles of general po-
licy must therefore at this moment be superseded
by an intense and feverish sympathy for the fate
of individuals, whilst the general and paramount
welfare of the State nkust in their minds be
merged in the support of staggering credit and
the redemption of the incipient insolvency.

[NEW TIMES.]
By an Official Documen,t, in another part of
our Paper, the number of Country Bank Notes
issued in the last six years will be seen. An exa-
mination of this statement will present some cu•
rious results. in.the first place, the total amount
of Country Bank Paper in Great Britain in-
creased from 3,493,9011. in 1820 ; to 8,755,3071.
in 1825. But a still more remarkable•fact ap-
pears, by comparing the small notes with the
greater in ouch year, thus-
-13 and £2 Notes. Larger Notes. Total.
1820—X1,728,1iu; £1,765,715 - £1,493,901
1021— 2,251,933 - 2,183,565 - 4,438,548
1022 1,912,359 - 2,380,805 - 4,293,164
1823 2,019,970 . 2,459,470 - 4078,449
1824 2,544,049 - 4,170,220 - 6,724,069
1825 3,251,499 - 5,503,800 - 0,755,307
In 1820 the larger notes were about equal to the
smaller, and in 1821 they were even less in
amount ; but. in 1825, when the smaller notes
were,3,251,401., the larger wile 5,503,8081.—
These circumstances lead to a necessary infer-
ence, that the increase of the country bank notes
was not so much wanted for the local retail cir-
culation, which is chiefly effected_by one-pound
notes, as it was required by persons concerned in'
wholesale speculations, who would readily take
the sums they required. hi large notes, the
stamps on which are not nearly so expen-
sive as those on the small notes. Much dif-
ference of opinion exists as to the durability of
the notes, and consequently as to the quantity
in circulation at any given time, some people
contending that time Notes on en average last
three years, others only one year, and others
seven. This may be perhaps accounted for by
considering the different, habits of the people
among whom the Notes circulate, as well as the
different manner in which the Notes themselves
are fabricated. The Scotch Notes in general are
impressed,on a substantial paper almost acitrong
as parchment, while some of the English. Banks
use a paper remarkably, fine and thin. Again,
the Notes which circulate in the Coal coun-
tries and at. some Seaports, are so much
soiled by the hands though which they
pass, that in a few months they become almost
illegible, whereas, in the agricultural districts,
notes of a similar fabrication will last clean
and legible three or four times as long. The
principal reason which induced the Bank of
Englatid some years ago to discontinue the issue
of Small Notes, was the great trouble and ex.
pence which they occasioned : the same motive
has operated with many Country Bankers ; for it
h to be remembered, that the Stamp itself absorbs
a large part of tire, interest of the Notes; and we
know many Country Bankers who for some time
past have actually declined to avail themselves of
the power which* they legally possess of issuing
One and Two Pound Notes.

[MORNING WRAY:D.]
,The Chancellor of the Exchequer's project, on
which the resumed debate takes place to'-night,
is, as Mr. Baring very aptly designates it, "
milk.aind-water, measure." Supposing the circu-
lation of the small notes of country bankers to
be an evil, and therefore Ie
~practico which ought
to b© got rid of, is it not almost a mockery for
a Minister to come down to the House and pro-
pose that it shall lust but three years longer ?
Yet this is the real sum and substance of Mr.
Robinson's measure. It is true that his phut
includes a provision that no more new notes of
this description shall be issued ; but that is only
the fair and necessary prelude to their future ex-
tinction, and does nut beer at all upon the exist»
ing inconvenience, if it'be such, of those whiclit
are now.alluat. Besides, this may be more than
counteracted by bankers Wigging again into cir-
culation the, 1100111 which they have already with.
drawn--which, lie it remembered, aro not can-
celled like those of the Bank of England, but
are generally circulated as long as the rags of
which they are composed will hung together.
Wc, have uniformly been of t)Pini°o that the ex-
;sting state, of things, lamentable as it is, is one
which, in the 'min, must be left to cure itself ;
and that. Parliament can do very little, if any
thing, towards remedying it.

(gift~ nEeilEsErcrATlvil
It was will) great pleasure that we heard the
Chancellor of the Exchequer, the other night,
repelling with so much warmth the imputation of
" new theories,” and claiming credit with the
House for returning" in ono important matter
to" the old syst,qti under which this country flow-
rished for itge,, ;" and gladly would we believe
that certain new theories" were indeed dis-
missed, and a certain " old system" ,once more
embraced and adhered to in good earnest.—
The fundamental truths laid down by the Political

Economists cannot be disputed; but they are only
truths on a tabula rasa—truths, supposing all na-
tions were to act reciprocally, and we were not
fettered by our enormous National Debt. 'When
acted upon by England alone, these truths be-
come destructive falsehoods ; and,,such as wipe-
Hence brings them, one by one, to the test, we
shall find thorn to be. If the free-trade system
be right, it ought to have been tried as a system.
The Corn trade, the Sugar trade, the Money
trade—all should have been thrown open at
once. But granting the experiment were tried
upon the really grand scale—and granting fur-
ther, that it Were tried with Success, we should
very much like to hear. in what it could termi-
nate, except the conversion of Great Britain into
one disgusting manufactory, and rendering its
inhabitants intent only on- the production of ca-
lico. and corduroy ? No state ought ever to en-
courage a population larger than it can support
with the produce of its own soil ; and any in-
crease to a considerable extent beyond that is a
great and positive evil. The Landholders cease
to exert a wholesome influence—the Monied In-
terest takes the exclusive lead civil dissension,
famine, or a foreign enemy, sets parties at vari-
ance; and, after a turbulent anarchy conse-
quent on the prevalence of democratical feelings,
the wretched nation falls to pieces ! •

• rntirrtsn'raEss.J
The Trench morning papers of Friday, and
the Dail(' of Saturday, arrived last night. - If we
may credit the authority of the Constitutionnei,
the affairs of Russia are in a most unsatisfactory
state, and the tranquillity of Nicholas's reign
appears very problematical. The Etude, how-
ever, treats these statements of its contemporary,
and we should incline to think correctly, as mere
fabrications. We have at least no doubt that the
assertions of this opposition Parisian Journal are
very much' beyond tltp. fltcts, if not utterly desti-
tute of truth. It,-.Oppears by these Journals
that the debate in the- Chamber of Deputies
upon the Address in answer to the King's
Speech we's conducted with considerable ani-
mation, if not with acrimony, and that the
eloquence of Messrs. Betirdonnaye, Benjamin
Constant, and General Sebastiani, An far pre-
vailed as to, prevent M. Villele, with all his
address, from carrying the question in the first
sittint, upon it. Although the Minister twice
ascended the tribune, he cO not prevent the
ladjournment of the debate, which was to be re-
' sunned on Saturday. The discourse addressed to
his Majesty by M. Dambray, Chancellor of
France, begins by alluding to the decease of the
Emperor Alexander, and testifies the share which
the Peers of France take in the profound afflic-
tion with which his Majesty was overwhelmed
by the premature death of So magnanimous an
ally, and adverts'next to the consoli;tg assurances
given by all the reigning Monarchs of the conti-
nuance-of their friendly dispositions, and that
nothing would disturb the harmony at present
established. •

Nor. comae, Lenore:l
I..est night we received Ilambrugh Papers to
the 3d, Dutch Papers to the Bth, and. Brussels to
the 11th lost. The Dutch Papers aro' occopied
exclusively with affairs of Jaye, which are.said to
have taken a turn decidedly favourable. The
intelligence from that island is to the Ist of Oc.
tober last, at which dattwn are told there was.rt
prospect of the insurrection being speedily put
down. The following are the latest operatieas :
On the 14th of September, General Van Geen
had dispersed that 'part of the insurgents who had
again penetrated into the district of Datriak..—
Later movements by the Dutch troops had cleared
all parts of the territory under the immediate
jurisdiction of the Colonial Government ; and on
the 24th of the same month Lieutenant General
De Hock had approached Klatter, on his march
to the general rendezvous of the insurgents. His
force consisted of 8,000 men, of whom 2,000 were
regulars; and the account of the result of this
movement was every moment expected, when the
vessel (the Juliano) by which those particulars
have been received, left Bainvii. The Hamburg')
Papers contain extracts front the .Sl. Petersburgh
Journal from the 14th to the 24th ultimo, but
they merely mention the arrive;[; .'of the Prince
of Orange in that capital on the day before, and
that of the Grand Doke of Mecklenburgh Schive.
rig three days previously ; both of whom, it is
well known, are brothers in law to the reigning
Emperor. ' This, with an account of the Empress
Elizabeth's health (who, we are glad to 'bear;
has bonito the shock of the removal of the mor.
tal remains of her late (n stand from Taganrog
better than was expected), is the whole of the
news ; and though this reserve looks rather sus.
picious at such a crisis in the affairs of that
great empire, it shows at least that nothing
had occurred in the interval, to disturb the
tranquillity at least of the capital. It also seems
to prove that no accounts of a' very unfavour..
able character had been received from any other
quarter, as it would not ber prudent to suppress
them altogether at such a moment. We may
therefore pretty safely conclude, that no new
dangerous movement had taken place amongst the
military ; and that, if tliscootent still prevailed
in the ranks of that body .to an alarming extent,
no explosion.,. of it had at, least . taken place.. If
there was no disaster to relate, there was also
nothing agreeable to communicate ; for if there
had been ally, it would have been eagerly made
known by the proper Authorities, in order to
btreaettitqeuxilti:zeossitytetelypualgt
recent occurrences.
ilticatetr
bnyd, whiclt must haw,

(11ORNINO
:We observed, nt,t Saturday,that it appeared to
'us that Mr. iluskisson had satisfactorily shown in
Ctl;loeundtir7 1 rankerslsl3i:of the pow(r
ridklnaigtioll'issile
that the giving
small notes,
sinte interests of o f
this,
was highly prpjudicial' to the bethe
country. Admitting. that in acountryt
possessed of abundance of capital, overtrading and
wild speculation would occasionally produce
calamitous results, wit:er nay descriPlitni ,f
currency, there cats be little doubt that the power
of issuing small notes by Country 13ankers will
hardly be used for the purpose of clerking the
spirit of speculation ; and there is one evil insp..
parably connected with the issue of small notes,

of so fearful a character, that the security from
it can hardly be purchased at too great a sami-
fice,—we mean the panic produced by the fai-
lure of a few of the Country Banks, whose notes
are extensively circulated among the lower or-
ders. It was observed truly by the Chancellor of
the Exchequer, that 64 when, from the effect of
over-speculation or over-issues, the first person to
press forward and secure his property %vas the
poor man. He hears of distrust—he hears- of
failures ; and was it not natural, that he who
had invested his little all—to him of an import-
ance, of which it would not be easy to form a con.
ception—shall he the first to press forward for the
payment of his demands—the first to guard against
cousequences which,in his state, would be absolute
ruin—that very anxiety on the part of the poor
man necessarily commenced a run. Example was
contagious. Then came the holder of the five or
ten pound note. Hs says to himself, what is the
meaning of all this ? there must be something
rotten ; must take care of myself while I may.
ife follows. the torrent ; he increases the dif-.
ficulty ; he adds to the distrust; and thus
they might trace the progress of a great pot-
Alm of the late disastrous events. The man,
who might have lain by—who felt none of the
alarm—who did not entertain the least doubt of
the solidity or security of his Banker—who was
not agitated or affected by the busy rumours
or babbling of the day, became influenced by
the contagion of example ; and while his supe-
rior information and more extended knowledge
might prevent him from being the first to feel
the distrust of credit, yet in the end he became
unable to resist the temptation of grasping at
that which farther forbearance might endanger."
This, it tippears to us, is a faithful delineation of
the manner in which the circulation of small notes
operates in producing a panic, by which tilti•
mutely the whole banking and commercial world
may be shaken to its very foundations.

MR. SAMUEL ,SNACKS.

TILE FIRST FORTNIGHTof-MR! SAMUEL SNACIKS'

HONEYMOON.

Monday, lrt.—All fools day. Quits otherwise with
nee, who on this auspicious day have, done the onlrwise thing
1 ever (lid, 'viz. : taken unto myself a wife.--After the ceremony,
the happy couple (Mrs. snacks and myself) set off in a chaise
and four for Ramsgate. Journey delightful—but how could it
be otherwise? Thought.l never saw my Amanda look so di.
vine; Canova's Venus seems modelled from her ;—the same
deep-languishing eye; the same clusteringlringlets ; the same
snowy voluptuous bosom, the same—Oh ; what a lucky dog
I am !

Tuesday W. —Evening : overwhelmed by the tumult of my
thoughts. Felt quite young again (by-the-by 1 am only 49 afterall)
and indited the following letter to my friend Tomkins, of the
Temple.—" Dear Tom, burn your books and marry—marry
immediately my old boy, nothing like matrimony, it is para.
disc itself, pure, genuine, and unsophisticated." Read my
note to Amanda, imprinted on her soft cheek a husband's
tenderest kiss, and sat down to a hot supper.
Werbutday M.—lndulged in a pensive stroll along the sea-
shore, tilled with connubial extaey. Thought of Thomson's
exquisite lines on domestic bliss. " Oh, happy. they, &c." I.
need scarcely acid that my • Amanda accompanied me in this
ramble with her ringlets waving like gossamer to the wind, and
a smile of the most bewitching softness illtimining her celestial
countenance. Enchsuding girl ! She wawa nothing of an angel
but the wings:
Thursday 4th.—flow genuine, how lasting is domestic bliss!!
Study has its advantages, but compared with the extacias of,
Ilytnett It nothing; abitoluttly'rtOthir*L-Middlelon and
ea:;ae' sh-tub a wife,
ton, 1 remeniber both artak with enthusiasm of " wedded
love :" frequently alludes to it as " the moat tender of
human connexions ;." Johnson says that " there is no happiness
without it ;" and indeed all authors who are good for any thing
are lOud in its praise. By the Roman law, however, a wife
which might be sold by her husband,s o that ta
ituy on
A making
a
was expresoly called " thing," a part of the domestic 'furni-
ture,
a catalogue of his goods, he might thus enumerate them : Lot
Ist, Four sofas, two tables, three pillowcases, one wash-tub, a
fwoirfeen
satnadn
cael:epditeL
caendd lsesi
atei elk)
y.
s?dnel ywciotinici
Friday 5th..--Of all jokes, the most absurd are those launch.
ed against women, and wives in particular. For this reason I am
resolved, should my darling Amanda ever bliss me with children,
to prevent them learning the Eton Latin (grammar, from its ob.
serving in one of the rules of Syntax that " the masculine gen-
der is more 'worthy than the feminine," &c._Alonstrous viola-
tion both of grammar and gratitude! •
••,• . • • •

-
Sunday,l4th—:-Continned rain. What a bore is a wet Sun-
day in the country. Amanda, by-the-bye, said pleasantly
enough, that wet weather might at least be expected in a watei-
ing-place. Attended morning church, and inquired of a fat clerk
whether there was any evening service. Lunched by way of
amusement. Looked out, of the window and busied myself
in counting the cave's-drops. Thought of my hooks in Lin-
coln's Inn. Untied my shoe-strings, in order to tie them up
again. Picked my best breeches to pieces, for one must do
something►_

Meld—it seems along time to dinner.
Monday, 1.5th.--Drove over to Margate. Anianda dressed
in the extreme of fashion, and full, as usual, 'of vivacity.—
Walked. together on the fort. -.Met one Captain Dermot
O'Doherty, and a long Millman of Ballyshannon, and 4 for.
mer suitor of my wife (tilt lie foundshe had nothing.) For.
mally introduced to him, and shaken on the spot by a hand as
hard as a deal board.
Mcm—Amanda seems much taken with him—but this of
course, for the fellow is full of cravat and compliment, and
stands six foot high, by about three broad—Can't say I like
his Woke.
Tuesday, Ig.—Received a visit from the long Irishman.—
Offered Amanda and myself tickets for the Margate Assembly.
Kicked her under the table as a hint to decline them. No use,
one might as well kick a post. Fellow staid a full hour, dur.
in g which Mrs. Samuel Snacks never ceased talking. 4 pert
silly giggling--but what can you expect from a woinan ? , And
yet, notwithstanding this, Solomon, in his proverbs, has the
assurance to say, " whom tindeth a wife, fintleth a good thing.'
—Can'st say I think so.
Wednesday, 17111.—11 ad a tiff with Mrs. Samuel Snacks
about the long Irishman. In return she called me jealous;
shows how little she knows of human nature. Now can I be
jealous of such an uncouth, rawboned, disjointed jackanapes ?
Called him so, before her face, and got nick-named an " old
frump," in reply.
3f-ctn.—That'll all 'one gets for one's good nature—.." old
frump" indeed ! Think of that now. I should not mind her
calling me a " frump," but " old !" besides 'tis no Such
thing; 1 shall not he fifty till Michaelmas day. Went to bed
in a rage, and dreamed of the long Irishman.
Thursday, 18th.--Walked out before breakfast, and met the
long Irishman, I detest swearing; lint damn him what does
he mean by it ? Dined at three o'clock, and helped twice to
cheese by way of somc.thing to do. IVent half-price to the
Theatre, and at the corner of the stage-box bobbed against the
long Irishman. Mrs.. Samuel Snacks smiled on him. I think
at least she did '.—nay, I'll swear she . did—lll take my oath
she did—by God ! she did.—Conceive what a, jack-ass I must
have looked !
Friday, 19th.•—!Felt exceedingly awkward about the temples,
and dreamed that Mrs. Samuel Snacks, like Diana, had turn-
ed me into a stag. Received three letters of congratulation on
my marriage. Lounged at Liddal's library, end met, en my
return, the long Irishman in earnest conversation with Mrs.
Samuel Snack. How could Mrs. Samuel Snacks imagine it
Ives possible to he jealous of such a wretch ? Had a quarrel
with her about him (not that I think hiM worth quarrelling
about), and twilled in a rage to the theatre.
Mesa.--I forgot to mention that Mrs. Samuel Snacks went
with me. •

lay, 2011i.--Another quarrel. Astonishing Airs. Sam.
Snacks can't keep her temper. Threatened to fling the best
blue sugar basin at my head. What 4 vixen !. but it's no use,
I gej clearly, how it is : I'm a wretch for life. Received a
letter' of condolence from Tomkins. Replied, _by return, a 4
follows:--" Dear Tom—lfyou have not already married, avoid
it like the devil—hanging is a mere juke to it.'