The Sun.
London, England, 1842-04-28 00:00:00

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No. 15,500. LONDON, THURSDAY.

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of, 77 2;14 ' ••• .
171
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PRIL 28, 1842

PRICE 5d

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F~F.a. Fad

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WEST INDIAN MAIL S.—The Iloval Mail
Steam Packet Company's Ship FORTH, 8..1.
FAYRER, Commander, is appointed to take out the Mai's re
the 2d of May. The Forth will leave Ss.uthampton on that
day, at One, P.m., and will proceed direct to Fabnenth,
where she will receive the Nails on the 4th of May, and depart
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embark Passengers at Corunret and Madeira The line of
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of the British and Foreign West Indies, Havannah, Gulf of
Mexico, &c., and is connected with.. the Company's steamers,
which run twice every month, forwards and backwards, be-
tween Havannah, by Nassru, to Savannah, Charleston, New
York, and Flalifax respectively, and also includes the coast o,
South America and isthmus of Panama. All the Company's
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and the passage-money and steward's fee cover every expense,
except wines, spirits. &e., which are to he paid for.
Berths,may be secured at the Company's Offices, 55, Moor-
gate-street, London.

'EAST INDIA HOUSE, APRIL 27, 1R42.
THE COURT of DIRECTORS of the EAS'
INDIA COMPANY do hereby give notice.—
That a QUARTERLY .GENERAL COURT of the sa
COMPANY will be heidat their House, in. Leadenhall-stree
on WunNxsnAv, the 22d June next, at Eleven o'clock i
,he Forenoon. JAMES C. MELVILL, Secretary.

EAST INDIA HOUSE, Arai!. 27, 1842.
THE COMIT of DIRECTORS or the EAST
INDIA COMPANY do hereby give notice—
That the TRANSFER BOOKS of the said COMPANY'S
STOCK will be SHUT on THURSDAY, the 2d of June, at
Three o'cicck, and OPENED again on TwuntinAr, the 14th
July ; and
That the WARRANTS for the DIVIDENDS on the said
STOCK payable on the 6th July, 1842, under the 11th Sec.
of the Act 3d and 4th Wm. 4th, Cap. 85, will be ready to be
delivered on that day.
JAMES C. MELVILL, Secretary.

N. B. All letters conveyed by these packets mutt pass through
I.hc Post-office.

FARES ,REDUCED.

TEAM to MARGATE and ITER.NE BAY,
1., until further notice.: Saloon, 4!.. ; Fore Cabin 3s. ;
Child, 2s. ; at Eleven o'Clock, from Loudon-bridge Wharf,
and Brunswick Pier, Blackwall, at a Quarter before Twelve,
every TUESDAY, THURSDAY, and SATURDAY, by
those fast and splendih Packets, RED ROVER, or CITY of
CANTERBURY.

Fast Coaches, in correspondence with these Packets only,
leave Herne Bay for Canterbury, Dover, Deal, and all the
Eastern parts of Kent, immediately on the atriv:l of the packet.
Offices, 113, Fenchurch •street, and at London Bridge Wharf.

1~~~~~.

~

MR
4 S 11°NRG"I NNS' ST
1 SELF-TU i 0"N ":
Mr. Morgan's exhibition of the plan of above
in:titution was open to private view on WeOnesday.
It consists of two transparent paintings, which, fnout
the method of their representation, are intended to
einbodv or shadow forth the principles of a broad phi-
lanthropic system, advocated by Mr. Morgan under a
full conviction of its fitness and adaptability to the
present state of society.
Mr. Morgan's institution appears to be a natural
result arising from the combination of various systems,
which, existing at the present time in England, but in
a disconnected state, seem needful or.ly to be duly
concentrated and joined, to form the harmonious plan
he has projected, and under which he proposes to
rear and bring up the generations and families
of men. Practical, rather than theoretic, in its
views, Mr. Morgan appears to believe that the ele-
ments of good, and the rudiments of institutive virtue
are nowhere more largely to be found than in this
country, and at this day ; and while he has busied
himself in selecting these alone, to form the fair
pillars of his own fabric, he has totally discarded the
perverse and obnoxious features which so obviously are
mixed up with, and deface many of these. Thus, while
the unblameable economy. of Mr. Owen forms part of
his system, he rejects his creed, and community oflabour,
and substitutes in its place for the guidance of those
whom he would proselytize, the sound principles of
Christian doctrine. So that again, while he sides
with the Reformers in his views of education, he for-
gets not, like them, their religion. The theory of
"self-support," from which this institution derives its
name, is as follows :
As a mode, of improving the condition of the people
it is proposed to form, in the centre of an adequate
extent of land (not ess than one thousand acres)
buildings upon the plan exhibited, in which, under
the management of ecclesiastical and civil governors,
to be appointed, 300 families, or 1,200 persons
(averaging four to the family), may be en-
abled, by the produce of their own labour,
contentedly and independently to support them-
selves, by employment in agriculture and other
handicraft and mechanical pursuits, but chiefly the
former, and defray the expenses of the establishment
under which they live. Wages it is proposed to
put of sight : each agricultnral labourer, without
the intervention of money, receiving wholesome
food, clothing, and religious culture, in return for
his or her specified labours in the field. Cow.
petition, we therefore observe, which among political
economists is accounted the main-spring of pro-
ductibility and trade,. is in this institution shut
out from consideration : abilities also, while they
are gently developed, ace never overtasked to
satisfy avaricious cravings on the part of the work-
man, or over-demand by the master. Rules and
regulations, it is true, will exercise their force over this
institution and its inmates, but the latter will rather
he guided by the just prevalence of moral laws per
wading their breasts, and the sway which the pru-
dential dictates of religion undeviately have upon
right minds.
The buildings in Mr. Morgan's view represent a
large square, consisting of 300 cottages for 1,200
persons, besides various official halls and residences at
the angles and centres, for the infirmary, clergymen,
governor, committee, &c., besides windmills,' factories,
a laundry, &c. The outay necessary for the forma-
tion of these is estimated at 45,8001., to which is added
food and clothing for • the first year 14,2001., making
the total capital required 60,0001., which amount it is
proposed to raise in shares of 201. each. The value of
the labour of the 1,200 persons being fairly computed
for the year would give 18,6311. 125., froni which the
food and clothing expenses being subtracted, a balance
of 4,17.11. 12s. would still he left at the year's end.
We give this simply as the calculation of the
projector.

PEEL'S REASONS
TAXES.
The reasons assigned by Sir Robert for additional
taxation are—a deficiency in the income, compared
with the expenditure, of about 2,400,0001. He
abandons at once what he calls " the miserable device
of fresh loans." This, though it comes rather late, is
right enough; but let it not be forgotten, at the same
time, that it comes from the disciple of the men who,
—first, to carry on an unjust war against the liLer-
ties of France, and then a necessary one with the
giant that sprung out of the injustice, resorted to "the
miserable device" to the extent of some four hundred
millions, and who, within the first two years of peace,
bor4wed some fifty millions more—a portion of the
last sum, by the way, to make good the very. Income-
tax whichi even a lore House of Commons thought
toobad to be reimposed.
Sir H. Peel's conclusive proof that the limits of tax.
ation on articles of consumption have been reached
amounts to this,—that the attempt of the late Chan-
cellor of the Exchequer to raise a revenue of about
1,900,0001. from articles of consumption, by an ad-
ditional duty of five per cent., produced little more
than 200,0001.
An honest statesman' of tolerable courage would
have held a very different language. He would have
said that a defic;iency of 2,400,0001. was but a trifle
to a great and powerful nation of eight-and-twenty
millions of people, if the springs of their industry
were relieved. He would have said that within the
last four years there had been as many bad harvests.
He would have explained that in these four years the
people had paid on the article of wheat alone, exclu-
sive of other "bread stuffs," sixty millions sterling
beyond what they paid for the same article in the pre-
, ceding four. He would not have forgotten to state
that in the same four years the people had paid up-
wards of four millions into the Exchequer as duty
for corn, besides larg e sums for provisions. 'He
would have explained that they were, at the same
time, called upon to pay for sugar, rum, molasses,
and coflee, in consequence of the acknowledged ina-
bility of the British colonies to furnish an adequate
supply, such excessive prices as no other people pay,
and such as they themselves had' never paid in the
days of their prosperity. He would have stated,
that having such enormous sums to pay for the ab-
solute necessaries of life, it followed, of necessits,
that they had less to pay for comforts or luxurtP's,
and that, under such circumstances, the decline in
the revenues of Excise and Customs was a mat ler of
course, and inevitable. He would have shr,-,wn that
the monopolies of corn and sugar were a bar-
rier to the extension of our foreign trade—raised
against us manufacturing competitors hi countries
where they might not otherwise have existed for cen-
turies—were an injury to foreign nations as well as
to ourselves—excited feelings of envy and hatred on
the part of foreigners towards us, diminished the pro-
fits of, our merchants and manufacturers, and, conse-
quently, their capacity to give bread to labourers,
thus throwing hundreds of one class into the Gazette,
and thousands of the other into the poor-house.--
Examiner.

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