The Sun.
London, England, 1828-02-04 00:00:00

PRICE Of WHEAT PER QUARTER.

s. d. I s. d.
18e4 6O 0 ' 1810
1805 B7 10. 1811
1806: 79 0 1812 125 0
1807 73 0 l813
1808 79 0 1814 74 0
1809 95 0

Now during this period of high prices not only
was importation free, but it was encouraged by a
bounty, by which we drained Europe of all its
surplus supplies. Still the prices were high ; so
that it is not such a clear matter of demonstra-
tion, as this writer seems to think, that " the
admission of foreign corn duty-free would make
corn generally very cheap."
But his arguments to prove that the fact of a
guinea exchanging for 275. in paper, is no proof
of the depreciation of the paper, certainly afford
the most singular specimen of his perverse judg-
ment. •

" How then (says this writer) do they prove
that during the war the paper currency virtually
lost its value ? Simply by the fact, that the
price of the guinea rose to 275. or 28s. This
fact is evidently worthless, unless it can be
proved that no rise took place in the price of
bullion, and that the guinea fetched the price
we have stated as circulating medium—as cur-

rency—in this country."
We say that Bank notes have fallen in value ;
and we give this as a reason that it requires more
of them than formerly to purchase a guinea—or,
which is the same thing, that a one-pound Bank
note can be purchased for 14 shillings. Is not
this a tolerably plain proof that its value has
fallen ? But bullion, it seems, rises, as well as
coin. Of course, the notes having fallen in
value, it will require more of them than formerly
to purchase the same quantity of bullion, or
any other article. This is a necessary conse-
quence of the depreciation of the paper. If bul-
lion were not to rise, the fact would be inexpli-
cable. But it is only, be it observed, when pur-
chased with paper, that its price appears to be
higher. We require more Bank of England
notes to purchase the same quantity of bullion,
not because bullion has really risen in value, but
because the notes have fallen in value. "It is
matter of demonstration (says this writer) that
a great rise took place in the price of bullion, not
only in this country, but in others." If this
was the case, it must be matter not of demonstra-
tion, but of fact ; and we should like to see any
fact produced to warrant this assertion. Bullion
never rose in price except when it was purchased
with Bank of England notes. It did not rise
in Hamburgli, nor in any of the Continental
markets ; as is shewn by the prices current of
these places, given, we believe, in the Appendix
to the Report of the Bullion Committee, or
certified by other evidence equally conclusive.
It is upon such loose assertions, however, that
this writer builds his hypothesis. We cannot
follow him through all his diffuse and inconclu-
sive speculations on Country Banks ; nor is it
necessary, as the above specimen of his inatten-
tion to the most important facts slims how little
his authority can be relied upon.

There is no doubt that Mr. TRANT will he
returned for Dover. Mr. HALCOMB is said to
have no chance.

THE FUNDS-(THIS DAY).

CITY, TWVAPR o' CLoor.

The gloomy,- appearance which has for some
days attached to the English Funds still continues,
and a disposition is perceivable in the public to sell
this morning. Consols opened at 85 4, both for
money and account, being the closing price of Satur-
day, and the only alteration since has been their
having been 85 f, and again recovering to their first
rate; the premium on India Bonds and Exchequer
Bills continues without the slightest alteration, the
former being 91 3, and the latter 61 2.
The Foreign Funds have scarcely had any atten-
tion paid them, except in Mexican Bonds, which
have declined from 39 1, the first price in the
morning, to 38 I; Buenos Ayres Bonds have also
fallen to 39 41; Colombian are 22 4 ; Brazilian
maintain their rise steadily, and are on Russian
are a shade lower, being 93f 4 ; Portuguese Bonds
do not move in the least, and the price continues
stationary at 71f 2.
In Shares Real del Monte are 20 pm. ; Brazilian
Mines 58 60 pm.; Tlalpuxahua Shares are 150 100
dis. It is understood the last accounts from this
concern were, that they had no credit to carry it on,
and every appearance was extremely unfavourable to
their future prospects.

Three per Cent. Consols, 85i i; Ditto for the Ac-
count, 851 1; India Bonds, 91 3 pm. ; Exchequer Bills,
61 2 pm•

TWO O'CLOCK
Scarcely a bargain is doing in Consols, the price
continues at 85i I. •

".1
THREE O'CLOCK
Consols for Account, 85k
4
FOUR O'CLOCK.—CLOSING PRICES.
Consols 851
Danish 611
Do. for Ac. 851 a Greek 1825 174
Brazilian Bonds 60.1. Mexican, 1825 38f
Buenoi Apes 39 Peruvian
Milian Do. Russian 931.
Columbian, 1824 23 Spanish, 1821 10k
,

The head mastership of Abingdon-school is
at present vacant. There are five candidate; : from Ox-
ford, the Rev. Mr. Wm:Jams, Fellow of Pembroke ; the
Rev. Mr. YOUNG, of the same College; the Rev. Mr.
ITEwi.v.TT, of Worcester College ; and the Rev. Mr.
linzat, of Christ Church. From Cambridge, the Rev.
Mr. Bucialast, of St. John's College. The vacancy will
be filled up by election to-morrow.

SHIPPINd INTELLIGENCE—(THIS DAY.).

FROM LLOYD'S.

DEAL, FEB. 3.—Wind N.N.W.—Arrived from
London, the Mercy, Paezly, for Barbadoes ; Ber-
wickshire, Madon, for Bengal; his Majesty's ship
Gloucester, for Lisbon. Arrived the Countess of
Errol, Henderson, from Leghorn.
PORTSMOUTH, FEB. 2 and 3.—Wind
rived the Egginton transport, Miner, from Malta.
Put back the Ealing Grove, Falconer, for Dominica.
PLYMOUTH, FEB. 2.—Wind W.—.-Arrived the
David, Richards, from Oporto.
FALMOUTH, F. 1 and 2.—Wind W. to W.W.N.
—Arrived the Princess Elizabeth packet, from the
Mediterranean, sailed from Corfu on the 18th Dec.,
Malta the 29th, Gibraltar the 22d Jan., and Cadiz
the 24th. Sailed the Duke of Kent packet, for
Lisbon; Recovery, Patterson, for Bombay; 'Ca-
therine Elizabeth; for Batavia; and Hector, Tute,
for Jamaica.

CCXIIAVEN,JAN. 21.—The red buoy is driven from
its station, and lays in 10 fathoms water on the
Vogel Sand, about four miles to the north of its
place. The rest of the buoys are laying in all direc-
tions in the channel of the river. The two light-
boats are gone to Heligoland.

JAN 30.—The light vessel No. 1, (outer) was
not at her station this morning. The light vessel
No. 2, (inner), was at her station. The river was
entirely clear of ice.
The Alexander, Turcan, from Ireland to New-
castle, was carried into Alemouth in a very leaky
►tate the 30th nit., having struck on the Bondicar
Rock.

The James and Ann, Thompson, from Colchester
to Scotland, was driven upon a rock off Bambro',
the 29th ult., and only part of the sails and rigging
expected to be saved.
LIVERPOOL, JAN. 31.—Arrived the York, De
Cost, from New York, sailed the Bth of January.
Off Liverpool the 31st, the Felix, from Buenos
Ayres, sailed the 9th of December.

The Albuera, of Aberdeen, has been taken by the
Gen. St. Martin, privateer, and was spoken, with
27th Dee., in lat. 16, lon. 31.

LAW INTELLIGENCE.-(THIS DAY.)

COURT OF CHANCERY.

His LORDSHIP came into Court this morning at
half-past ten o'clock.
Mr. BARBER requested leave for a lunatic petition,
in the matter of Craven, to be put in his Lordship's
paper for Thursday next.—Leave granted.

WINTER V. LORD ANSON.

Upon this case being called, in consequence of
some misunderstanding of the parties, it was order-
ed to stand over till Monday next.

IN THE MATTER OF RUSS, A LUNATIC.

Mr. SUGDEN stated that this was the petition of
John Russ. The committee of the lunatic, and the
facts of tile case, were rather peculiar :—Theluna-
tic was entitled to certain property of a very
uncertain nature, consisting of old buildings, which
were in a very ruinous condition, which never
could be let to .advantage; several of the pre-
sent tenants had already given notice to quit, unless
the premises were put into a proper state of repair,
which would cost more than the property was worth.
For part of this estate, in which the lunatic had an
interest of five-sixths, the sum of 3,8001. (much
more than it was worth), had been offered by parties
whose intention it was to erect a church on the
scite. This, it was considered, would very 'much
encrease the value of the remaining part of the
lunatic's estate, and the committee therefore thought
it was his duty to present this petition, praying that
it might be referred to the Master to enquire whether
it would-be for the lunatic% benefit, to sell the whole
or any part of the estate, and whether any application
should be made to Parliament for an Act to enable
the parties to do so. This application was not op-
posed, and the Court had made similar orders in
several instances.

His LORDSHIP made 'the order according to the
prayer of the petition.
IN THE MATTER Or WALKER, A LUNATIC.
This was the petition of the only brother of the
lunatic, who had property in the stocks to the
amount of 2,4001. which prayed that he might be
appointed the Committee without the expense of a
reference to the Master, the property being so small..
His LORDSHIP knew of no instance in which the
Court had made such an order, and thought that a
reference was-essentially necessary.

SIR OSWALD MOSLEY, BART. v. JACKSON.

The COURT then proceeded with this part' heard
appeal.

VICE CHANCELLOR'S COURT.

At the sitting of the Court this morni.ng, Mr.
Simons applied to have a cause, in which Mr Heald
held a brief postponed.
The VICE-CHANCELLOR said that he had had
an interview with that learned gentleman, and that
he expressed his decided wish that no cause might
be postponed on his account.

PIERCE, ASSIGNEE. OF AMBROSE, A. BANKRUPT, F.