The Sun.
London, England, 1829-05-02 00:00:00

region.

" Tantane animis creleqibus ire'?"
Such wrath inflame the sons of stock and pelf !

We turn, however, from the actors to the scene—
the money-market. We spoke yesterday of the sus-
picions and fears which lowered there; to-day we
must describe them as dispersing, and the atmo-
sphere as rather clearing up. But were the case
otherwise, whit would be the consequences ? Would
Government adopt any new measure ? Or, to
ascend still higher in our inquiries, has a just appre-
hension of some new financial scheme on the part of
Government, occasioned the perplexity in the money-
market ? We shall answer these questions sepa-
rately, beginning with the last. We are of opi-
r;ion, then, that if the gentlemen of the Stock
Exchange have suffered doubts to agitate their
minds, in the midst of their ordinary operations,
from an idea that Government had some financial
measure in view, by which their speculations might
be subsequently blasted, they have suffered them-
selves to be led astray by an ignis fatuus,—they
have been startled at a creation of their own brain.
Government can have had no such financial scheme
in contemplation ; and if Government has given no
joss: cause for the alarms, it will undoubtedly not suf-
fer those alarms to produce or occasion any mea-
sure. We spoke, indeed, yesterday of blind fears
and uncertain apprehensions, as operating a decline
in the funds; but we were far from invoking the in-
terference of Government. Let such fears and ap-
wehensions puff anti sigh themselves away. The
State is obliged to remedy substantial evils if it
can ; but it is under no obligation to dissipate futile
and unfounded fears by positive acts. Thus, we
presume, may both the questions be answered.—
T;nres.

The observations which we have made upon Se-
leet Vestries have been the occasion of our having
lead sent to us the Bill for the fresh regulation of
the Select Vestry of Bow. The arrangement, in
this case, may probably be one of compromise. We
observe that the old twelve select vestrymen are re-
taieed for life, with other twelve added to them by
annual election. It ray be wished to protect the
twelve under the present exasperation of the parish ;
otherwise no vestrymen whatever ought to be such
fur life. It is of the very nature of all adminiatra-
tions—whether national or parochial—that there
should be responsibility ; and how can a man be re-
sponsible after he is dead ! As little do we approve
of annual elections : a vestry whose members are to
be changed every year can execute no measure of
great utility. The Select Vestry, to our minds,
should continue for at least three—perhaps five—
years. In fine, we hope the new Select Vestry at
.Bow will not be a model for others,—/bid.
In the work " On the Rise, Progress, awl Present
State of Public Opinion," attributed to Mr. M`Kine
non, it is observed, that " in a country where the
laws are equal, the only means left of defining the
several classes of society is by property, which, as
lows as freedom and civilization exist, can possess
the only power or influence in the State." When•
ever a man, therefore, wishes to shape his course
aright, he must watch the motions of people of
property. What they generally do cannot be wrong.
And, indeed, worth au property have long been
synonymous in this country ; for we say, Nil-. B. is
worth three thousand pounds year, and Mr. C.
four thousand ; that is, Mr. B. possesses only three
thousand pounds of worth, while Mr. C. possesses
four thouesend pounds of worth, being more worthy
by one thousand pounds a year. If we are to believe
those who arrogate to themselves exclusively a re-
paid foe religion and foe our venerable Establishment,
she great of this country have now become Atheists
are) Idolators ; so that a profession of Infidelity is
no locger a passport to a Lunatic Asylum, but a pass-
port to fortune. Were assertions like this confined
to one or two publications, we should attach little
importance to them; but any one who bas had an
opportunity of looking into the various Ultra Tory
Teliieles of information for these two or three months
past, o=ust be aware that they All concur in stating
that what used formerly to be a teem of reproach, is
w an attribute of those who till one high places.
What are simple-minded people like ourselves eo do
who have a respect fur the constituted authorities of
the country ? Among the other great men of our
day who have raised their prophetic voice against
the backsliders in high places, is the Rev. Thomas
.M dock, who publishes a periodical worlsi.ealled the
" Public Enquirer at Stoke-upon-Trent aaid oxford."
Mr. Mulock is not behind in boldness of assertion or
extravagance of phraseology, the most distinguished
of our contemporaries in the same line in this me-
tropolis. In the fifth number of his " Public En-
quirer," dated April 2.5, be indulge,: in the follow-
ieg strain ;
" A sword is upon the Clialdeanc, sai:h the Lord, and
upon the inhabitants of BabyLan, and upon her princes,
and upon her wise men. A sword is upon the liars ; and
they shall dote: a sword is upon her mighty men and they
shall be dismayed ! In thesa awful words of the only
wise God, I beleJloi as imaged in 3 mirror of heavenly
truth, tie present condition of this once mighty, lipt now
prostrate and powerless Empire. Let hire that readeth
understand, when I proclaim with all God-given antho,-
rity, that the doom of Great Britain was sealed, with her
own suicidal hand, on the very day that her Monarch gave
jeer to the wishes of her Legislature ; by assenting to the
Bill fur virtually allying Popery to the institutions of this
Proteoiapt State. Something of this kind has been bab-
bled by the Earl of Eldon, and a few of his Lordship's
isgkeys ; bat it is perfectly plain by their contingent ists
am! tots, that they do not believe one word of what they
attempt to confirm. 'Very different, however, are my con-
gietions concerning this nsatter, for I believe, as surely as
trust in Christ for everlasting life, that the Three Es..
rates of this Realm have concurred in admitting Popery,
which is a form of Anti-ehrist, to Mora than equality
with that form of religion which for three centuries had
been recogni,ed as the truth by the King, Parliament, and
people of Great firitain. By this Act, the grave at'
legal itl city hath hem; dug by the pretended friends
of freedom—and total slaves-y-,--the just bondage of sinful
betrayers of truth—must be the fa4re heritage of all Eng-
lish generations. The Duke of We:l;ngton (his Grace
cannot pistol me for this) is an Atheist man walking
alter his own ungodly bats--incapable of shame, a d as
yet unaffected by fear. Of the private life of his confe-
derate in guilt, Mr. Peel, I know nothing ; but my know-
ledge of the So-s-i?turcs leads me unequivocally to aver, that
he must hare sunk into some tremendous turpitude, ere
the depraved apostasy of heart and penal blindness cf.a;n4
:which he has so fully manifested, could seize so soddenly
span the Home Secretary—be sure thy sin will find thee
out. Under the auspices of thasse unrighteous rulers a
statute has been hurried into perilous per fiction, by the
tenor, scope, and even wcrding of which, e.is nation hath
formally renounced the God and Father of our Lord Jesus
Christ. The deed is dune with ruinous certainty. No
after-measures, to which are alarmed and awe-struck Go-
vernment and Legislature will assuredly resort, can pos-
sib'y avert the judgments of the Lord God Omnipotent,
now ready to be poured out upon the condemned popula-
lisn of this self-destroyed country."
The Rev. Thomas Muloek, like some of our
contemporaries, is a great enemy of Political Eco-
nomists and Free Trade ; and accordingly he
tells us :

" The power of steam—the infinite ingenuity of we.
Alianical contrivance—all the subtle subdivisions of han-
dicraft labour—and all the tricks of trade in raising arti-
lieial capital to put every other process into full activity—
these, I say, were the earliest results of the day-dream of
Free Trade—and the dream is over, and men are fully
awake to the substantial sorrows inflicted by a theory—
captivating in i!s principles, and showy in its statements—
hut impassible to he carried into exeeution in the present
s'ate of the world. The Liberal system so much extolled
in our day is a system bottomed on the selfi.liness of man's
nature—on his intuitive proneness to better his own con-
di;i rn at the expense of his nii3hbours ; and tkis,i!4e-,
Glared, both in the law and by the Gospe!,-tiibe man's
chief sin and surest curse. So -here- yare, 0 philoso-
ph ie,ll perfectiontsts,
.working to improve society by pro-
moting the identical evil principle which God sent his
tbrist to destroy ! Your plan for creating and diffusing
universal opulence is obviously, and by your own showing,
a wicked scheme for gorging mankind with the guilt of
iusatiable ever grasping covetousness. Ye must reckon,

therefore, upon the continued consuming curse of
_Cod
pursuing you through all your devilish devices, until pro-
jectors and their victims are gulfed in total destruction."
If, however, it be any consolation to the people
of England to know that their ruin will not be so
complete as that of the people of Scotland, the
Rev. Thos. Mulock affords them that consolation :
" As Scotland (he says) was the cradle of Atheistic
Political Economy, so do I fully expect a commercial con-
vulsion in that country, transcending in calamity all that
has ever-been experienced here. The Scotch traders are
a community of Kirk-going nligious robbers, in whom
selfishness, or, as that theological infidel, Dr. Chalmers,
styles it, an enlightened self-int.reat,' is the sinful sti-
mulant to every modification of knavery. I cannot but
compassionate the miseralde thousands now enduring un-
speakable privations in this land, in consequence of the
mad policy which Mr. Huskisson engendered, which that
canting hypocrite, Mr. C. Grant, followed trp, and which
Mr. Vesey Fitzgerald, helped by Mat o' the Mint, Mr.
Herries, avows his determination to uphold. Nothing
but evil can be expected from evil councillors. When the
righteous are in authority, the people rejoice; but. when
the wicked beareth rule, the people mourn."
From Blackwood's Magazine down to the weekly
single-sheet periodical, air hold this language. We
are ruined and undone, because Atheism, and idola-
try, and liberal opinions, have obtained an ascen-
dancy in England. The English used to be termed
a people of plain good sense. Are these publica-
tions addressed to Englishmen ?-31orning Chron.
The length of time which generally elapses before
a first dividend is made under any bankruptcy is a
serious evil, and one which we apprehend could not
occur if the Commissioners, in all cases, (lid their
duty. The pei iod which, in almost every case, oc-
curs, before the final winding-up of a bankrupt's
property, is bad enough, but which, perhaps in some
cases, cannot be avoided ; but why property, which
is in hand, and immediately available, should not be
promptly divided among those to whom it belong-A,
cannot be accounted for upon any other than the
old hackneyed ground of the " law's delay," and
the way in which the law plays with, and fleeces
every thing and every body which falls within its
reach. Of all dividends those on a banker's estate
might, one would think, be the most easily made.
They are mere holders of, and dealers in, money;
and, money being all that is wanted for a dividend,
bankers' estates must be in a singular situation in-
deed, if something, at least, is not speedily forth-
coming to answer a dividend, as it would have
answered cheques, had they rot stopped payment.
We have alluded to this subject in consequence of a
letter, written with great feeling and good sense,
and addressed to us, under the signature of " An
unfortunate Creditor" of the late banking-house of
which Rowland Stephenson was a partner. Our cor-
respondent reminds u:0 that, at the second meeting,
it was publicly stated by the Commissioners and
provisional assignees that a dividend from Us,
to 14s. in the pound might be expected, and that
it was understood that, very soon after the final ex-
amination of the bankrupts, a first dividend would
be made—that no symptoms of redeeming this
pledge are apparent—that he has applied in the pro-
per quarter, but cannot so much as get an answei
and adds, moreover, we have no doubt with much
truth, that a redemption of the pledge we have al-
luded to might save several of the creditors them-
selves from bankruptcy. It may be asked, " what
have the public to do with this ?" We answer, a
great deal ; for if, under a mismanagement of the
public institutions of the country, an apparent wrong
like this is committed, every one is interested in re-
medying an apparent abuse which may be his own
case tosi-01orrow. Among the defects in the present
Bankrupt Law«, one., we conceive, is, that the Com-
missioners, who ought to ha :he active and control-
ling parties between the assignees and tl.e creditors,
cannot be set in motion but at the will of some other
persons, which persons, be they the most honour-
able men upon earth, are not much interested in
promoting expedition. We do not see why the law
should not expressly provide that, whenever there
are funds in hand to pay one shilling in the pound
upon any bankruptcy, a dividend should instantly
Ibe made. HoW many men are there who would be
glad to receive ten or even five per vent. upon their
debts, rather than be kept an indefinite time out of
the whole ? Or would it not roue their zeal if the
lawyers (including the Commissioners) were al-
ways paid last—or, at frost, were not paid any
thing till the creditors had receives A.on:ethiner ?
Such a regulation would act, we suspect, with the
magic of Harlequin's wand.—Morning Herald.

We have been frequently delighted with the force
and justice of Lord Tenterden's remarks to Jurors
on the extravagant charges in tradesmen's bills,
some of whom really seem to act upon the principle
of their business being a mere lottery, where those
who pay are to be the prizes, which they set off
agaiPa the blanks, which pay nothing. In a late
action brought by a coach-maker against Lord Coch-
rane, Lord Tentewden renewed and reinforced this
subject in the most apposite as,d striping manner.
After commenting upon the extraordinary and doubt-
ful nature of the demand altogether, his Lordship
informed the Jury, that " if, however, they thought
the Oaintiff ought to recover, they would then take
into consideration the enormous amount charged.
The Jury could ript be doing a more beneficial
service than, when tradespeople sent in such type-
ready extravagant bill, to look closely into them,
and endeavour, as well as they could, to protect
the public from being imposed upon by their trades-
people; which, unfortunately, tradespeople were too
much proee to endeavour to do." And the Jury
upon this found for the defendant, thereby exonerat-
ing Lord Cochrane from the. 4,emand altogether. In
the result, we confess, we do not ei;prel.y agree
with them. That they were entitled, and marred
round, to cut down the demand, we think there was
no questinuj but they seem to have been influenced,
in negativing it altogether, by attaching somewhat
more importance than it deserved to a silly inscrip-
tion on a tomb-stone set up somewhere in South
America. That the dtmand was an extraordinary
one cannot be denied ; but extraordinary people arse
the parents of extraordinary things; and we doubt
very pu;rb whether the noble defendant in this case
is exactly th,e. man whose actions and whose orders
can fairly be judged of by the same test that would
apply to the majority ot—map4ih4,-,-/bid.