The Sun.
London, England, 1827-09-15 00:00:00

diction, but every where else—witness Italy—
Naples—Spain—and even Switzerland.
The writer of this article states, that the Lon-
don University is solely got up as a money spe-
culation—that money is the founder of the In-
stitution, which ought to be called " Libert
politiqzte et religieuse clans tout l'univers."
Now we should like to know what University,
Temple, or Palace, has been built without
money, or its equivalent, labour purchased by
articles worth so much money ? But the writer
is sadly mistaken in his conclusions. The
London University was not instituted for
money speculation—it had a far nobler aim—
the wish to communicate knowledge by render-
ing its acquisition easy to those who could not
afford to spend a fortune on one child at the ex-
pence of the rest of the family and the plan
of selling the shares was resorted to as being the
only means of effecting the purpose intended.
But we do not see what rational objection there can
be to the Shareholders of the London University
making money by the concern. Is not the profit
acquired by the investment of capital in a concern,
having for its object the diffusion of knowledge
for the benefit of mankind, far more ho-
nourable, at least more charitable, than that
derived from speculations of a selfish nature ?
That man is surely a better member of society,
who does good to his fellow-creatures while he
enriches himself, than he whose sole object
is individual gratification. The Austrian may
pride himself upon the antiquity of his institu-
tions, while be crouches beneath their absolute
tendency but he should not animadvert upon
the liberal institutions of England, till those of
his own country are calculated to diffuse similar
benefits, by catching a portion of their en-
lightened spirit :

LONDON UNIVERSITY.

VIENNA, SEPT. 1.

As hatred of all persorial, spiritual, and temporal Cor-
porations, and the decree of destroying them, was a distin-
guishing feature of the 18th century, so is a universal ten-
dency to Money Corporations and Companies a peculiarity
of the nineteenth century. A certain propensity to federa-
tion is natural to man ; and, if the selfishness of men does
not allow them to join and submit to a guild fraternity
or company, they must at least associate their property for
numberless great objects which are not to be attained ex-
cept by the voluntary union of money. A great number of
such Money Corporations or Joint Stock Companies have
been established within the last 20 years. We are able
clearly to distinguish the good and the evil, the honest and
the dishonest, the external appearance from the internal
essence.

Hitherto all money corporations have had material
objects, such as commerce, canals, mines, &c. It was re-
served for the land of inventions and improvements, for
England, first to set the example of a money corporation
for intellectual purposes, for the diffusion of instruction and
knowledge over the whole earth—we mean the London
University which is now being formed, and the first detailed
and authentic account of which is given in the Morning
Chronicle of Aug. S.
Hitherto the obscured, yet still powerful conviction, had
prevailed in England, that education and instruction pro-
ceeded from a superior spiritual authority, and hence the
English Universities were on their part the most powerful
supports of the spiritual authority, namely, of the Anglican
Church ; they were corporations of the most inflexible
kind, full of abuses not averse to science of the highest kind,
yet without favouring it in their regulations ; ruins of
monastic antiquity, in which modern elegance and school
pedantry are found mingled in the most motley confusion.
Nevertheless, they had in their favour their spiritual origin,
their traditional form, and their corporative union, and
we therefore nerd not be surprised that they remained the
proper citadels of Toryism a'id of Anglican opinion, and
that from them the chief opposition on what is called the
Catholic Question in fact proceeded.
Meantime the opposite opinion has gradually gained
ground, that instruction and education proceed from
another authority, which is gaining mere and more
power over human affairs—namely, money ; and nothing,
therefore, is more natural than that a Money and Stock
Joint Company, seizes on the formal direction of learning.
A Society of unknown shareholders directs and controls
the supreme Council, consisting of 24 persons, which re-
gulates' and directs the studies, appoints the professors,
governs iu the last instance the scientific education of suc-
ceeding generations, while itself depends, as the Gods of
Antiquity did, on Fate, upon the course of the exchange,
and sale of the shares. Great and celebrated names on the
list of proprietors make no change in this respect, for in
this situation they have no influence as authorities in
matters of science and opinion, but their influence de-
pends on the market value of their shares, and thus
money appears for the first time as supreme ruler and
lawgiver in the domain of science, the nursery of posterity :
the sole and last hope of a convulsed age is hereby solemnly
and formally given up to the sway of Mammon. This is
the London University. All that can be known will be
taught ; the physical branches in the most minute man-
ner ; the moral and historical, ml libitum ; the doctrines
range themselves by the side of each other, as chance
directs ; the discipline is left to those with whom the stu-
dents lodge; religion and theology are excluded. The
supreme authority of the shareholders does not profess the
doctrine of any particular confession ; not even belief in
the Unity of God is required for admission into the Univer-
sity of that ancient province of Christendom. The
declaration of the authors of the prospectus, in reference to
the article of religion, is afflicting. They do not say like
the assassin Louvel, " Dieu West jarnais venu our la terre.'
They sincerely lament that the most important of all objects
of instruction must be passed over for the sake of the many
sects—for the sake of the natives of both Indies, who are to be
educated in this University, and, we will add, for the sake of
the money and the shares of that unknown Grand Master
of the London University, before whose cosmopolite way
of thinking, all difference of faith and faith itself vanishes.
The most suitable inscription for the splendid edifice now
building for the London University, would be the celebrated
toast, "Liberte politique'et relipieuse dans tout l'unicers."
This would most clearly express the sentiments of the
founders and patrons of the new University. For it
is not Whigs who arm and launch this Leviathan of
learning against the Oxford of the Tories. All parties are
agreed that these party names are no longer applicable to
them. It is the cosmopolites, who, under the protection
of universal commerce and pecuniary interest, are endea-
vouring to deprive the Anglicans, step by step, of the soil
of Old England, of its manners and its laws, and in whose
hands even the Catholic cause of Ireland has become an
affair of cosrnopolitism. It is not domestic questions that
are now at issue, as in the struggles between the Whigs and
the Tories ; the present contest embraces the whole in-
habited world, Shall England et the head of the
whole colonised world beyond the seas, be hostilely
opposed to ancient Europe and its i .
4 nstitutions, as the
cosmopolites desire 9 Or shall it, according to the
Of the Anglicans, remain a member, though in npurPao""
y
respects separated and independent, yet united by affection
and blood, of the great family of the European States?
whichisst aintitihiredcopnartetyst, This is the Pni"itnat between those those two
systematic
mlowateire
British parties,
principles, appear at classes of the people, who are worked upon
to take.
consistency according to radical
pre-
sent to be spectators only—undecided which side
For the present it may suffice to have pointed out how
the establishment of the London University is a new and
,Ist alarming indication of the advantage which the
cosnao party in 4,rnglitrid has gained over its ad-
versaries. -

The cause to which we attributed yesterday
the decline in the MeTican Bonds, proves to
have been the real Owe. Viscount ROCA-
FUERTE, the Mexican Charge d'Affaires in this
country, has issued a notice that the Dividends
due on the Ist October cannot be paid ; but he
holds out the expectation that the delay of their
payment will be of short duration, and that his
Government will faithfully fulfil all its engage-
lents. The latter assurance, however, has not
"stored the confidence of the public, and a fur-
ther ,
tleclihe upon yesterday's prices of MeNiCgri