The Sun.
London, England, 1826-02-09 00:00:00

'VHF. LOMDOW -JOURNALS.

DA ILI'
:Werth fi the Morning Papers, Feb. 9, 189-6,

rnitITISII PRESS.]
It gives us great pleasure to observe by the
proceedings in Parliament last night, that `ilia Ma-
jesty's Government have taken on themselves the
responsibility of suspending thelurther stamping
of small notes. Mr. Berries explained very
clearly the reason and. necessity of this measure.
The intention of Government to amend the state
of the circulation would to, a great extent have
been defeated, if, during the interval since the
hancellor of the Exchequer's notice and the
passing of the Bill he will introduce; the country
bankers had been enabled 'to avail themselves of
the power of stamping any amount of situp notes
they might have thought proper to have present.
ed fora that purpose. Yet Mr. Calcraft, who
wishes it to be understood that he means well
to .the reformation of the paper currency,
stigmatized this measure. as an " unprecedent-
ed stretch of authority," and warned his Ma-
jesty's Ministers that they had " taken upon
themselves a heavy responsibility." Nothing
perhaps, can be more disgusting than that facti-
ous spirit of opposition which thrusts itself for-
ward to thwart, as far as-possible, the accomp.
lishment of a great public good, in order to
gratify the cravings of party jealousy and dislike.
Mr. K. Martin obtained leave to bring in a Bill
forthe amendment of the Irish Election Laws,
as regards tho voting of what are in that country
termed freeholders. The proposed amendment
is, that every forty.shillieg freeholder shalli on
offering himself at the poll, be bound to produce
a receipt for the payment of his rent as well as
the register of his freehold, and that he shall not
be allowed to vote till this diheharge be pro-
fleeted. In order to give ample time for the due
consideration of the Bill, the, Honourable Gentle
man intends to defer the second reading ant
after the Easter holidays.

[MEW rs.]
The alarm which has lately been propagated
in this country► respecting the disturbances in
the north-western part of India, originates in an
erroneous idea of the class of men engaged in the
affair. The ne►vspapers have called them Pin.
darrees ; but the fact is, that the Pinderree.foree
was entirely broken up flint destroyed by the
,grand military plan of the► Martinis of Hastings.
On the borders of Cinch there have always been
bodies of freebooters, called Khesas, who hang.
loose upon► society, ettaching themselves sometimes
to one Chieftain and sometimes to another, among
the Ameers of Scind, as the Pindarrees did to the
Milhrotta Chiefs►-. They resemble the Pindarrees
in their general characteristics, and, in fact, haots
been in the habit, for many years, of making in•
cursions, and plundering the defenceless luhabi•
tante of Catch. It has been the unfoctunate lot
of (het country to be long subject to misgovern.
mint under its native Princes. Society there, in
consequence', is in a great measure dlsorgnuised,
the. police is inefficient, nett numbers of men
devote themselves to repine and violence. But
it is rare that such a banditti become formidable►
as enemies. A regular force has be►eu sent against
these predatory hordes; and there can bJ little
doubt but that they will soon disperscethem, and
restore the country to at least a temporary calm.

[TH E TIM E 5.3
We understand that a gentleman has berttep..
pointed to proceed to Madrid, us Commissioner
on the intrt of, dui Etiglhh Oovernmesa; on some
business connected with the 'liquidation of the
claims of British subjects on Spain. Of those
claims, which amount', principal and interest-in-
eluded, to little short of 3,000,006 i. sterling, not
eve has been disposed of, though the coquidssiou
fur aetetteiOng them, consisting of twp English
ant' two Spanish Commissioners, has been in
eAstence,'we believe,more than three years. By
what arts of procrastination the affair was length-
ened out, by what evasions the evidence brought
forward was resisted, and when that was no longer
possible, the constant subterfuge of a refer.
t4l ee to Madrid, on the plea that the Commis-
sioners were not vested with sufficient powers,
Ore, well, known, to r the unfortunate claimants,
Marty of whom' are suffering the severest prim.,
talons through titedehty ;Of an act of justice. We
have of course no clue to the instructions given
to Our Ambassador tit Madrid on thiS:suhject,
rtor to the propositions which the new Commis;
sinner will have to make, but we are sure that
the tionotir of, the British Ministry has been teo
tong trifled with, and that the character of the
country, amid time interests of humanity, alike. re.,
quire that Spain should be compelled, if
irossi-
Lhr, to make reparation,

A very singular measure—one indeed lespect-
ing the illegality of which we entertain no doubt
--has been adopted by Government agni9st
touutry bunks. We stated the circumstance in
our journal of yesterday, and our statement was
confirmed in the lion 4' of Commons last night.
Orders bave been actually holutol to prohibit at
once -the granting of stamps to country bankers
for their notes of one or two pounds, This is Hu,
sinking the Spanish dollar. ships before the de-
claration of war .was Issued. Mr. Caleraft had
therefore just reason for asking in the House
last night, whether such prohibition had been
transmitted to the Stamp-office; and Mr. Herries
had the warranty of the fact for answering in the
alirmative. There are those who doubt whether
the one and two pound notes ever can be called
in without a national bankruptcy, or the 'nine-
tiara of intolerable distress on the country. 'fleas
or.l Of Government, however, cuts the Gordian
knot. Legal or illegal, we rejoice at the mea-
sure, anti' hope a bill of indemnity will be readily
granted if required.—(

[THE Eett ES ENT.III V 1.:.1
Frellell JoUrrials of life 6th awl 7th Instant
retic44 town last night by express. The Etoile
of yesterday contains en extract, from the dugs.
ktirliVatette, in which it' ft asserted, that intelli-
gence from Bessarabia announces 66 the arrest of

' :four Generals and several Officersorho had been
conducted into the interior." It is added, that ac-
cording to rumour, the tunny of Basearabia will be
&banded. In the other Journals'we find communi-
, cations from various quarters of the Continent, all
imputing the insurrectionary spirit manifested by
the Russian army, to the secret influence of the
Carbonari and otherrevolutionary sects. Although
it can admit no rational doubt that the apprehen-
Mons thus expressed are sincere, we cannot lose
sight of the fact, that they emanate 'from those
alarmists VOlO,- in every expression of popular
opinion, affect to see the germinatino process of
revolution. Assuming the defection of the army
of Bessarabia to ha so deeply rooted as is now
stated, bold must be the speculative politician,who
shall assume to predict the ulterior consequences
of an excitement so powerful in principle, and
so contagious in its possible dissemination.
It is quite apparent, that a Government ruling
only by the force of a, devoted military esta-
blishment, must ever he in strict dependence on
the feelings and opinions of the physical force by
which it is supported. The Imperial Rulers of
the Roman Empire were swept off in succession,
by the licentious Prastorians7—who were, in fact,
the imperium in imperio of Rome, us were the
Strelitz of Russia, until the fabric of their power
was dissolved. But although in annihilating the
Strelitz Guards, the Czars were delivered from
the despotism in which they had long been
held, the people had no interest in the change.
The domination of the military still remained pa-
ramount in Russia, such es it continues to this
day ; and we may infer that the Czar now begins
to' feel the absence of that moral power, -and
secure defence, that can he derived only from the
institutions of n Government in which the people,
by their Constitutional Representatives, may be
enabled to protect the head of the Monarchy,
from the dictation of military power.

rTHE PUTILIc LEDGER.T.
W have received the Paris Papers of Monday
and the Etoik of Tuesday.. The latter is forced
to admit at last that' the late conspiracy in the
Russian Capital had its ramifications in every
corps of the army, and every province of the Em-
pire. In confirmation of this alarming opinion,
it announces the arrest of four General Officers
belonging to the Array of Observation on the
Turkish frontiers, besides several officers attach-.
ed to the staff-of the Sallie army. This plot, the
authors of which are charged with aiming at the
total subversion of the existing order of things,.
and substituting for it one more in accord-
ance with the spirit of the age, is stated to
be the groWth of several years. Daring this
time it has been working its Way* in such
profound silence,. as to evade the vigilance of a
Government proverbially watchluiond with such
prodifilous success, as to render it a prObfem
whether that Government will be able to put it
dawn. The late Emperor had, however, if We
are to believe the Etoi/c obtained some know.
fudge, of its existence. n short time before his

death,,and had even instructed General Czer-
niebeff to institute a rigid inquiry, which was
only prevented by the fatal event which put
an end to that and all the designs of that
Monarch. But accident has brought to light,
what the lynx-eyes of the Russlan police
could not even get a glimpse of; and the deep
veil of mystery in which a plot of so deep and
extensive a character had been kept so long en-
veloped, is amongst the most. terrific of its fea-
tures. In the meantime, if any credit be due to
an insinuation in the .Etoile, a considerable pro-
portion of the Russian Officers are privy to the
design for affecting a change of Government ;
and the men have been suspected, ever since
their intercourse with the French, of having un-
dergone a complete revolution of feeling. But,
if the anrs &Armee on the Turkish frontiers
is so infected with Carhonarism, as to give
rise to a report, that it is intended to dis-
solve it, what must be the apprehensions of
the Government with respect to the army in
Georgia, which, on its return from France, was
immediately ordered to proceed to that remote
and inhospitable province, as a punishment for
its liberal ideas ? Whether it will now take

its revenge, or not, is a matter of vague opinion as
yet ; but should it justify the apprehensions of
which it line been so long the object, its example
would prob►►bly act like wildfire on the rest of
the army. But let us entertain better hopes—
for the stoke of the politicol world is absolutely
so unhinged at this moment, that a great consul.
sion in any port of it would shake the whole to
its very foundations.

[MORNINO CMIONICUL] -
We refer our readers to our report of the Meet-
ing for, furthering the election of Mr. Cobbett.
His speech will no doubt be variously received,
according to the relish people have for hearty
prophecy. ft is amusing enough to hear him pre.
dict tijut if the circulation in Scotland 'be paper,
while gold and silver only circulate in England;
,the bushel of the wheat will be 10s. in the former
country, and,Ss. 9d. hi the latter. Prophets have go.
nerally on aversion to look backwards; they receive
pleasure only in looking into futurity ; but if Mr.
Cobbett had looked back a little, he would have
found that the Scotch Iring had only a paper circu-
lation, while there were no small notes in England,
and yet that the bushel of corn wns cheaper in
Scotland than in Englund, by all the expellees of

the transport to the latter latter country. if be had
reflected a moment, he must have discovered that
there cannot be two prices in two countries, be-
'lween the cormnerce of which there is no reside-
tion and that the continuance of en unfavour.
able exchange for a very few month's, by forcing
!the: Bankers to draw on London, would soon
'foie° them all to shut up shop. But we are
amused with this, and we think people ought in
general to be amused with it. Mr. Cobbett is is
'(necessary part of a country like this ; for every
class of men In Eogland ought to have a repro-
Isentative.

Yesterday was n Holiday at the Bank, but
the transactions on the. Stock Exchange, were nu-
merous. In the morning,. jrt consequence of no
new calitmity having berm announced, the Market
'appeared steady; but, 119 tim day advanced, fur-
ther alarms were excited as to the state of pub.

Ore and private cregjit, and Consols for Account
fell to 79. The Foreign Market also gave way
in almost every description of. Stock. India
Bonds, which were at 6 and 8 premium, fell to
two discount, and India Stock fell four per cent.
In fact, there was no relief to the general gloom
which overwhelms the commercial world. There
were numerous repoits of new,failures, some of
which may be true, but others are without foun-
dation. Shares continue to fall, and for the best
of them a purchaser can scarce be found, at any
sacrifice, however great.—(!bid,)