The Sun.
London, England, 1826-10-19 00:00:00

have been doubled, and may be trebled. No advan-
tage, however, has arisen from this rise to themselves,
for it is stated that nearly all the Grain at Rostock, and
other great Depots, is the property of English and
other Foreigners, who will alone profit by the advance.
This is an unintentional compliment to the enterprise
and foresight.f British Merchants.

..✓..~`.. ~'l.

- --A •
We copied in our yekterday's Paper, from a cotem-
A
porary, an explanation published by M. HURTADO,
of his conduct in regard to insuring a sum supposed to
be shipped for the payment of the Colombian Divi-
dends; and in our columns of this day will be found a
statement of an extraordinary nature, relative to a mis-
sion 'to this country of a Mr. FOLEY, for the purpose
of attempting. to raise a further Loan for Colombia,
while he declares that she has no funds for the pay-
ment of the interest on the former Loans. The whole
case is so much involved in mystery, that we forbear
enlarging upon it ;. but we caution our countrymen (to
use a homely phrase) "from throwing good money
after bad," by advancing any further sums to Colom-
bia; and we must .confess tit the conduct of M.
1-luKTADO, in our opinion, requires further explana
tion before he can stand acquitted of those insinuations,
horn which the, representative of every State should be
entiveli free.
A

.mongst the many evils which, according to our
°Pinion, have arisen from the ,4 Dead Weight Scheme,"
none are more prominent than the errors and miscon,-
ceptions to which' it has • given rise. Neither the
friends nor the opponents of Government •understand
the principle of this scheme, and both are in conse-
quence frequently led to make egregious mistakes in
financial statements in which this disastrous expedient
forms a component part. We have attempted more
than once to explain its nature clearly, and although
we fully admit, and indeed have been amongst the very
first to point out the evil, consequences of it as a finan-
cial measure, still it has not yet been productive of the
consequences which some writers would' wish to attri-
bute to it. We are also ready to admit that the of -
end statement, signed by the Actuary and principal
Accountant of the National Debt on the 23d of
February last, !Ns in no small degree given a colour- to
the statements of those writers : but we all know that
as the opinion of Counsel may be obtained in any
Way which a client wishes by the mode of stating a
ease, so in official accounts much must depend on the
way in %Thiel' the precept for their preparation is
worded. Thus for instance in, the account in
question, the value of an annuity of 2,800,0001,
for 41f years, may be asstated by Mr. FISLAIION,
74,682,0511.; but the question is, has that sum been
added to the funded, debt of the, country by the finan-
cial operation alluded to ? No man in his senses will
• eay that it kis been ; for although by the Acts of 3 Geo.
IV. cap. 51, and 4 Geo. IV. cap'. 22, the above sum
of st"'uitY has nominally been assigned to the Trustees
Wointerl for the payment of the sums estimated on
the said
.4.cts as the amount of the half-pay and. pen 7
8
i 0114) yet no more of that annuity than 585,740/. has
be" disPesed of, or about One-fifth of the whole ; and
consequently the value of that sum, which, speaking in
mum/ numbers, may be 15,000,0001., instead of
7550°0,000/.; is all which has been actually added to
the funded debt. For this sum of 585,740/. of an 7
the Bank are to advance, between April 15,
• 1123, and July 15, 1828, the sum of 13,089,419/.,
of
which, up to this time, they have advanced the sum
°119,083,3091. ;
.and as it is more than probable that
further part of this annuity will be sold than that
414atlY disposed of, but that the scheme will end with
the termination of the existing bargain of the Bank of
tngland, it is perfectly evident, that upon the most ex-
:lll4d view of the question which can be taken, the
iv,ue of the annuity sold to the Bank can be alone con-
,4lerea as having been added to the National Debi ,of
,nt: country. In strictness, indeed, .the value of such
Patt 011 y of the annuity as theirsum already advanced
~u 37 he Bank may be equal to, should be reckoned as
r4l:
Itively added to the funded debt.
hes, although we dislike the « dead weight" as
cl' as our cotempontries, we must set them right on
,t'',Ject on which so gross a mistake has been made.
"ese observations are particularly called from us
htatetnent given in the 'Times of this morning,
and which we have •printed in another column, in
which this error is cot
bean to lead that 3.4Mucd, the effect of which. has
Debt of Great Britain "iathlat to
assert'
that, the
that the Public
in the Official Document.arTio,„„, sum estimated
slid want of space,
prevent our going more into detail in our Paper of
to-day.

MANCHESTER, TLIZSDAY EVEN/NG, Ocr. 17.
(moss OUR OWN CORRRSPONDRNT.)
A better feeling has been shown in our market to-
day than on Saturday, and prices which could not be
obtained then, have since been realized ; indeed the
Purchasers were looking for a reduction, but in COn-
Niquence of the firmness in the cotton market at Liver-
Pool, yesterday, prices here have to-day become more
4tded. The actual business done has not been so
extensive, nevertheless the enquiry for goods generally
continues fair. We have no alteration to notice in the
31111 market, either in demand or prices.

POLICE INTELLIGENCE.
AtA BUR OUG H- STREET. —( Tni DAY. )
Market, &journeyman tailor, was ordered to find bail
wurm,okianlting a watchman. Another tailor, named Rote/Jok,
6110,111 Ned with taking hold of Harked, and svrearing that he
net go to the watch-house. He was fined ss. for the oh-
"4'4', and committed for seven days in defanit of payment.

?took,. MARYLMIONE.—(Tuts DAY.)
Willi "4""a shoemaker, was brought up at the instance
6 • --ain Afickie, innkeeper Marykhone-lane, charged with
diberderly—Ordered to find boil.