The Sun.
London, England, 1826-03-24 00:00:00

THE LONDON JOURNALS.

DA UN
Rxtroctsfroni Mornitig PoperstMarcii24,l626.
Caarrtso
The . intelligence from Portugal, given in the
French Papers, contains scarcely any additional
'reformation. We see no reason to, retract the
opinion which we originally advanced, that Isa-
bella Maria, in lite event of Don Pedro's re-
signation, will ascend the throne of Portugal.—
Iler,twO sisters, who have been married to Spa-
nish Princes; are.excluded by a fundamental law
of the State, which provides that " a daughter of
the King marrying any Prince or Lord of a fo-
reign nation, shall not be recognised either as
Quern or Regent," Sir William A'Court has
had several long interviews with the Portuguese'
Ministry, and .the Commander of the English
squadron in the Tagus has taken such Measures
as are proper to secure the tranquillity of Lisbon.
An additional frigate. with two brigs has arrived
in that port. The will of the late King directs
that the Regency shall continue to discharge its
functions till the legitimate heir of the Crown
shalt give his orders on the subject. The Courier
Pram:Ws asserts, on the authority of a letter
from Lisbon,. that Don Pedro was to be pro-
claimed King. In Spain, it seems, the
exclusion of the Queen of Portugal from
the Regency has caused a popular tumult at
Madrid. The
,Council of State still continues to
form projects for excluding such persons from
employments as are not likely to 'second them in
theirviews ; but the King does not appear in.
dined to adopt, their suggestions. It is even
supposed that he has a design of restoring the
Biscuyens to all their ancient privileges nml
iin-
munities. Ferdinand seems, in his opposition to
the Apostolical.party, as well as in this last wee.
sate, to he governed by the ittfluence of the
French,- BVIIOSO interest it is to.secure the good
will of the people of that province, as they cati
at any time prevent u French army from pene•
trating into Spain. The nature of the principal
conlinotinliS iii Spain has been a little misappre-
hended ; as the danger arising from the endea-
vours of the Constitutionalii,ts is far less formi-
dable than that which is said to threaten Ferdi-
nand from the partizans of Don Carlos. We
learn that the first and third battalions 'of the
56th French regiment of the line arrived at Tou-
louse,: from Perpignan and Carcassone, and set
out en the 17th inst.; the first battalion for lava,
and the other for St. Jean pied-de.Port.

r Tim Es, j
The meeting at the Rank of England yester.
day was the usual half-yearly one, and was con.
ducted, we regret to say, on the usual system,—
that is, with the most austere anti rigid secrecy
as to the general concerto of the corporation
itself, whose members were 'called together pi()
forma, and then in due form sent homer again. A
few questions, indeed„, were asked by Mr. Young,
it proprietor, respecting the. recent Measures of
the Bank, fur alleviating what, has liven, in our
judgment erroneously, termed the 44 universal"
distress throughout the country. It. was Stated
on this point, by the Governor, that the
vunces made by the Rank upon goods had fallen
much within a quarter of it million sterling!
Let us, then, just put it to any reasonable
mind, whether if those who suffered wrong-
fully- we
mean, who had ample stocks, but
could not raise money on 'them, and who there.:
fore might be considered more the victims of
general causes which they- could not controul,
than of their ow it foolish or fraudulent specu-
lations,---whether, we sny, if suche Gt objecti
aC .sympathy and meritorious Candidates for
pecuniary assistance had 'formed any large pro-
portion of the commercial world, or, indeed, even
a'fraction of ii worth being clasied. and ,-distin•
guished, it is possible to imagine that 'the aid
admistered to them' would not have exceeded
`,2t)0,00Q/.?' Why', there 'are dozens of mererm.,
tile hodses in London who could themselves
have provided, each one of them, the full amount
which it seems was called for by the itt'ltole body
of those under embarrassment who had any just
title of relief ; for :lie it remembered, that we.
go. upon the assuroPtiou of the r Rank .of Eng-,
land having liberally granted whatever relief
was asked of them by tilPll who ought to have
been assisted, here, than, is another proof,'
if such hail been wanting, that the commer-
cial distress was almost cOnlined to those who
never had real means, and u hose insolvency
was rather detected by the lute crisis than pro-
duced by it, awl hose false pretensions to pro-
perty and credit were then exposed to an ordeal
with which they could tio longer :struggle. No-
thing could byniore obvious and natural than for
such nien to exclaim, that tell, their neighbours
were on a level with themselves,- and that. they
were perishing, not thrmogh the frailness of their
own bark, bot through the fatal violence of a
universal and irresistible tempest. We repeat,
then, that the very Lllllootil of loans by the
Blink of I.''mg t(l (notwithstanding its arknow•
itll4Cti and liberality in milking them)
ought to he looked upon as one among the symp-
toms of delusimi employed in painting thelrature
and extent of our mercantile distresses, But when
it was iorinired y a Raok Propriwor yoSterday,
to what description i of 'persons the aid of the
dunk had been alrorded, and by what expedients
hid it been contrived that nit issue of notes should-
not be rendered conducive to4in artificial rise of
prices, the° overnor replied that theadvanceswere
made principally to manofactureriOtatugh to Shine,
44 who were inerchauti, with it fult,mtderstand,
tc ing that the aerommod'ation wits not to be math
64 a motive for raising the prices 4;ml bless
the wise y civet nor who made this. %iisetliseourse.
$
0„, are, th3t if he had not stood, high and
• dry as a ruler of (hi, hunk of England, he might
ha v e hammered long enough' at :‘‘'politicat
ootny,)' lief
he had tibillitied:liiinSelf by- his
in that sharp sChOol to rtiise capital
k Director.
sufficient for the °nice or
pecuniary acceAu
understanding, deed,that(
Modation shall ,not be made a Motive for raising
prices! Why, the " understanding" must be as
bright as that of ,my Lord Governor, that could
hare any effect at all upon the market price of

,
goods. If the merchant with, an extensive stock
borrows money from the 'Bink of England, it
is to escape the necessity of selling that stock at
what he ,thinks a disadvantage. The loan en-
ables him to lock up still longer the goods
whiFh, without it, he must have sold for what
they would fetch. This, then, is the nice dis-
tinction on which the Prime Minister of the Bank
seems to rely—that a loan to a merchant or manu-
facturer does not raise the price of his goods—it
only prevents their falling to their natural value !
—However, we find that money is not in future to
he lent on mortgages by the Bank—that branch
banks for the country are under consideration—
and that Proprietors and the Public may remon•
strate until doomsday, without inducing the Di-
rectors to relax one particle of that ill-omened
and unworthy secrecy 'in which they have
hitherto thought fit to envelope the general ac-
counts of the corporation. Nevertheless they
must, ere long, apply to Parliament for another
charter—and then—

[MORNING eon.]
The principal bUsiness in Parliament last nigh
was the voting the Supplies, by the Commons,
for the Charitable Institutions in Ireland, of
which of course Mr. Hume abundantly availed
himself to occupy the attention of the !louse.
The Ex-Lord Rector coinmeoced with a general
attack. upon those Institutions, by objecting to
the Report respecting them being brought up ;
but in this he experienced a most signal defeat,
the number engaged in the defence being sixty,
while that of the puny assailants amounted only
to six. Ilavillt4 thus failed in his general as-
sault, he betook himself to skirmishing, and lost
no time in firing a volley upon the outpost of
the, Hibernian Society, which was promptly
and successfully returned by the force of Mr.
Frankland Letvis. The assailant having been
j completely driven front this ground, rallied his
few defeated followers on several other points.
He attempted.to make a stand at the Foundling
Hospital ; but hii childish efforts proved still
inure feeble here than in any other position he
had assumed, and lie was precipitately drive'n'
from it with his followers, whose number was
now reduced to four. Thus beaten at all points,
and his puny force dispersed,
he was obliged to
content himself for the remainder of the day with
tiring occasional random shots, utterly unable to
prevent a single supply front being afforded to the
citadel—the nurse and protection of genuine ral.
tional sentiment and pure religious faith.—Both
Houses have adjourned to Wednesday Be'o"ight)
April 5.

[N c w Ti lat es.]
Among the Orders of the Day in the Housed
Commons, yesterday,, was the consideration of
the new' Insolvent Debtors' Bill, which has
passed through a Committee with several amend-
inputs. It will be remembered that the Court
for Relief of Insolvent Debtors was first consti-
tuted its 1810 ; a Court house was directed to be
I)tilit in Portugal street, Lincoln's Inn-fields, by
1 the Act of 1822, and the Commissioners were tip.
painted to go Circuits by that of 18.24. This
Court, having been found of signal utility, is con.
tinned by the present A et, with some salutary all.
dit ions to its former functions. Persons confined for
contempts by non-payment of money, may, like
other debtors, petition for their discharge. 'llse
Costa is not absolutely restrained from receiving
petitions from persons not within the walls of a
prison, but may, in case of ill health, or for other
specified causes, dispense aids the previous coo-
finenent. A discretionary power is very'properly
given to she Court to authorise the, raising of
money on certain kinds of property by way ..)f
Mortgage, where an immediate sule,might.be pre-
judicial. The Court also has power to make an
equitable order in case of a lease which, the, as-
signee declines to accept. The powers of the
assignees are more clearly set forth than, hereto-
fere; they may make composition for debts, and
stibmit differences' to 'arbitration, with the con-
sent of the majority in value of the creditors, who
are to vote according to the balance due to them
on an account fairly stated. Where the insolvent
is a beneficed clergyman, the assignee may ob-
tain the sequestration of the living, and where he
is a Naval, Military, Or Civil Officer of
Government, the Court, on communication
with the proper department of GOvernMPl4l may
order a part of his pay or salary. to be applied to
the use of his 'creditors; The Adt against secret
Warrants of Attorney is declared to extend to
Assignees under this Act : and, .on the . other
twit!, the Assignees are held strictly to the rest.
&ring an early account, end if they wilfully
retain money, may be charged twenty per cent.
interest on it by the Court. Annuity Creditors, I
are admissible as for sums actually due : and the
discharge of a prisoner operates upon these as
welt as other debts. In the matter of costs, the
Court has an equitable power to order them in
certain cases to be paid out of the Insolvent's
:ss,ste. and in certain other cases to be paid by
creditor, frivolously and vexatiously oppos.
lig a discharge. These are a , few of the most
'I'OIIIIIIPIIt- features .in an Act, which call,
of fail greatly to interest many classes, but
aore especially the trading part of 'the corn.
rrunity.

INIORNING CHRONICLE.]

We have been favoured 'with the perusal of 1
I,,itm,, 04ceivpd by the latest conveyance front the
theatre of hostilities in the East. It was ,cue_ I
rally the opinion of the officers, that the Burmese
would not accept our terms of peace. Our naval
expedition found no sort of difficulty in obtaining
supplies of stores, thete being abundance of the
finest Teak timber every where. Our army are
said to have committed dreadful ravages in tho
country. The places of worship, pagodas,
were ciestroyed in the search for Samies) or the
Burmese gold and silver images. Our forag-
ing oarties obtained plenty of wild buffaloes,
and tlt& ottutry abouods with game, tr he Bur*
mese bear, Op Joust knvelerate hatred towards
the SelloYB,,but,ure willing to be Ott good terms
with the Europeans,often shaking
hands with
them. It was supposed that Sir Archibald
Campbell would have little difficulty, its the rains

were over, in advancing to the capital, should
the Burmese refuse to accept our terms.

The Chancellor has given notice that he will
sit to-morrow. This his Lordship has done in
the full assurance that COunsel will not attend, and'
his motive in so doing, is to have the opportunity
of lifting up his yoke, and uttering a lamentation
that he is deserted by the Bar; and that an ob-
struction of business is occasioned by the ab-
, sense of Advocates. 'rue Bar think that they
have a right to enjoy tho holidays, and complain
that the Chancellor, who applies himself to a
thousand things rather than to the business of his
Court, would trench, or affect to trench, upon
their holidays, in order to fetch up the -leeway
which he has lost in the prosecution of his favou-
rite political pursuits.---(lbid.)

[MORNING 11,ERALD.)
Though we are far from wishing to find fault
with the proposed improvements in the Strand,
we confess we should be better satisfied, if, in-
stead of this kind of patch-work, an enlarged and
intelligible plan were laid down, so that the pub-
lic might see at once all that is proposed to be
Clone. Nothing, perhaps, is more wanting than
an access from the North to the South sides of
the Metropolis. A direct opening, from Totten-
ham-court-road to NVaterloo Bridge, and another,
intersecting the first, from Charing-cross to
Bloomsbury, would he a manifest advantage
to the town, and might, we should think, be ,
combined, in a great degree, with the pro-1,
posed improvements in the Strand. For want
of a preconceived and intelligible, plan, some
things are done twice over—other things are
done which are not wanted, and consequently
much unnecessary expence is not unfrequently
incurred. That the Committee of Taste, as it is
called, have no taste at all, is pretty apparent in
almost every public work which they have un-
fortunately had the direction of ; and that they
are equally 'deficient in judgment and forecast,
is proved by the fact that after a great expence
has been incurred in putting up a heavy pile
of buildings at the Museum, as a library and
picture gallery, they have at length disco-
vered that Saint Giles's is not exactly the re•
gion for a taste any better than their OV4 n, and
they are therefore now proposing to erect
a national ,gallery elsewhere.. Recurring to the
proposed widening of the Strand, we must say
that if it is to stop at. Bedford-street, the public
will not derive one.half that advantage front it
which they ought to have. Except the part im-
mediately contiguous to Northumberland House,
it is clear,that no part of the Strand is so narrow
and incommodious, and no building so mani-
fest a nuisance and obstruction as Exeter
Change. Why there should be more difficulty
and delicacy in demolishing this property, than
in disposing of that belonging to other in-
dividuals, we do not understand. Of course, no
one can be so unreasonable or absurd, as to ex-
pect that the Marquis of Exeter' 'should, any
more than another maim part with his property
without fair or ample compensation.. The street
will have a sad piebald appearance if this is not
done ; and as it most at last be done, it had
better, we should think, be part of the present
plan, end not left till the value of the property
'tat; become greater'.

[THE ICEPIMENTATI V E.]

The French Papers Still continue to give us no I
other articles of intelligence worth extracting but
those relating to Spain. A debate in the Chem-
her of Deputies, hi which Benjamin Constant,
tle Frenilly, M. de la Bourdonnuye, and
de Villele took part, on the question, concerning
S1.1)0(1,4,1;0, occupied all the time of. the Cham-
ber on the '2oth. The question was at last carried
in favour of Ministers, by 245740- 70. •The
debate presented nothing particular. Old; Ben-
jamin Constant was as absurd us people on his
particular side of the question are . generally
France, enlightening ltis hearers on the sale of.
Dunkirk by Charles 11. M.. d,e Fre-1611y declared,
:dial "'ironssommes pour now cnnewer," in de-
fence of the tediousness of his oration. M. de la
Bourdotmaye asked the Chamber if they would not
spill the last drop of their blood sooner than ratify
,the treaties of Pavia or ,Bretigny'? In answer to
which theAlouse cried " and M. de Vil-
lele, as usual, spoke the only ,piece of common
sense in the House, by assuring them. that there
was no use of talking _about acknowledging St.
Domingo, since it was beyond all question inch!-
. !pendent.

prtic minim; I,cnoila.l
We learn from .the Austrian Observer of the
lath instant, that the illness 1)1 the Emp,,,.„1. of
tw ice
Austria, which the -.Frencli- Papers were. the first
to announce, hail URSUMeIIt ill, the night of the
9btlii:'daincigir.accotuerrs(ttruolfythiedafirllloilotgidiaey,'"Tiy3 which
the symptoms of inflammation and fever were
arrested ; and in the following night his Majesty
enjoyed some quiet sleep. These favourable
signs were not, however, of long continuance,
for the disease increased the next day, and a
restless night was the result. 10 judge from the
considerable decline which had taken place in,the
kustrian Funds, the issue, at the date of the: last
accounts, was cOnsidered 11101 P than doubtful. W hat
seems to confirm this opinion is the circumstance
that • the seeds of the disease had been sown as
:
far back as September last, and, that he had
been ailing from that-period ,till the beginning of
this month, %% hen the symptoms assumed a very
serious aspect. Many circumstances had occurred
in the interval to affect a constitution which
never was a robust one ; and, besides, the
pain
he, had felt at the resistance shown to his wish,,,
by the Hungarian Diet, another cause of distress
was sioperadded in the unexpected death of his
faithful confederate and friend, the late Emperor
of It . Should,presentimentsof.the worst kind
he unhappily verified, the event would have no
trivial influence on the affairs of the political
world ;' for though the'extinctiotvof
lust powers would occasion Ilojiercepritile loss;
yet the even direction which he'hai given to the
course of his policy, would he missed at. this
moment. It is not too much to speculate bpon
a departure from it in the conduct of his succes-