The Sun.
London, England, 1820-01-14 00:00:00

• X66,050+., -X59,2461- X £6,804
624,629' .560,454 64,195
150,261 196,431 • 16,170
69,204 i 71,800 2,596
25,5791 57,3211 63;742
2,6981 14,058., 11,340
131,483 • 145,6951 13,612
155,275 - 15y7,856' - 419
482,884 .48,773, 5,889
970,612, 551,031 t, 119,581
124;361 ' -115;329 • ' 9,032
.115,338. - '54.535. 139,197,-
20,095 20,093 • ,
401,616 10,844
262,719 277,685 14,966 i
603,744
.522,000 81,744
574;145 , 6213,276 , 49,131
12,118 12,464 346
861. - 569 272'
• 2,312 3,3971, 995 .
7.18.213 771,5081 13,275
330,61 9 . 547,156 216,567 '
• 9,808 _5,616 1,192
330,774 . 258.052, • 72,722
1,717 2,107 390,
6,258,040 6/,39,5441 .565,309',366,805
36i,8051
tarter 201,504j

LITERARY REVIEW.

tOIVINIEN'IN on some recent" POLITICAL INSCUSgIONS,
with an Exposure of the Fallacy of, the •SINKING FUND.
By. A. H. (2,HAMBERS, Banker, •Bund,streer„ ,
We have noticed, former tracts of this Author.
who seems to be animated by a disinterested
Bard for the National welfare, and who .bas evi-
dently devoted much time and attention to a slab-
jeer of a very. intricate naturerand so complicated
with various considerations, that-it-is- difficult to
arrive at the truth. Theopinions, however, of in-
teiligew practical men are entitled-to particular
attention, and there are few who are more likely
to understand the subject, and whose arguments
are ftwoded- upon deeper reflection nod • looger
experience than this spirited, independent, and
patriotic Writer,
" A yoUng man; four years since. entered on
R farm in Surrey of one thousand acres ; be pos-
sessed 50001. nr his own, and borrowed 4000 i ,
more of his skier,; uniting himself. Stith a.man of
v,erreesirsideral.ile opulence his prri,,pects were
ebeet ltd, as their joint fund'amoonted to 20,0001.;
every attention was 'paid to the tv..11 ordet ing and
management of their concern ; their land was
brought into a high state of cultivation by the
union of industry and science to capital ; they
farmed for five years, and now the young man has
been' compelled -to relinquish his share of the con-
cern by valuation to his friend, having lost his
own 50001.•-and endangered the property of Hi
sister. His associate wonhl gladly relinquish the
farm, -were he not precluded by his engagements.
Such are the effects of reduced prices ! Had the
value of corn beenetaintained, what would:have
been the consequence :Die young man would
have preserved his: 5000/;--the labourers on the
farm would have been conrinued in their employ
—more wages would have been earned on the
firm, and more corn would have been produced ;
the young man might possibly have kept his
hunter, he,might have had a few addilionaltoats,
hats, and boots,—whereas vow Hs coat may be
ragged, and his shoes' (fi-iri:e cannot :afford boots)
out at the toes. A, d :beSiue what injury would
his affluence have'done 1 It would certainly have
consumed the feed of his hot-se, but this must be
set in.
_opposition 'tti 'his raising more corn;---fifty
times more, probably, than what led
,his horse ;
his men wonld.nothave beets paid horn' the poor's
rates, as many of them generally are,; the manu-
facturer Would have been supported by making
his saddle--the. boot-Maker his boots—,-the tailor
itiscoat,'&e.,---and English grain would have stip-
plied the place of Foreign. If this case be fairly ap-
preciated, will any man with common sense deny
the inference, that high prices would not-have been
in favour of the young man, the manufacturer,
the agricultural labourer, and the country ?"
" Certain members argue, that the mottutae-
Turing
,classes can with difficulty obtain a. sub-
sistence ; hence it may be inferred, ,that tho. rural,
community ought not to be in 'a better conditioo
although it is manifest that the agricultur;fl
la-
botOrer' Carl, under due legislative regulations,
supply his:own wants, and in some degree relieve
efiV,-necessities of •the mnnufacturer,;. But. it is
elfosenithat.he should adopt the 'conduct of the'
drunken man, who funnel his friend' overwhelmed
withlUptorslying prostrate on the ground, and
failing 'in his ut,fempts to raise him,'sitid, 1-ettn-.
not raise. yon pup ;' that may 'be true' said the
drunken ‘, but ,you may lie down beside me,'
and pulled him to the vow's!. Others 'qtrestion.
the power of England 'to become a self-subsisting •
country. It;will not, however; be'easy to con-
vince partici -who thus argue, 'of the' fallacy' of
,their opinions;'
The present commercial inconveniences re-
sult from a &turbine-Hon of circumstances not ad-
verted to generaliy-=-if correctly pereeive4by any;
but when duly stated and dispassionately consider•
ed, they maybe brought home to the comprehension
'and convict ion of the most ordinary capacity.
" First, The loss attending the last funding
Exchequer Bills has taken ten per cent. from the
pockets of the Shhscribers and Vaiders of Stock,
ti; supply, the dentatitis Of the Commissioners for
liquidating tbe,,National Debt, who have actually
purchased up '1'4,000,0001. at 10 per cent. less
than the price at Which 'it had been on finally.
consequent lnsshas'ireen sustained
by individnalS to the 'amount 6(1,400;000k'. Se-
Coq ly .111 issues Of-Barik Mier being
cfiruinisil-
,ed`two millions, Conttibute, in no small degree,
tia.embatrats the general-Credit Of 'the Country ;
for although' silver May have been substituted for
an equal amount' withdrawn from circulation in
small hank paper, yet silver does not, in any ma-
terial degree;assist -credit ; as it is generallYye-.
quired forthe_fractional Karts of one 'point(' ster-
ling only, and any sum under the smallest, or one
*pound bank note, description of .notes has
little effect upon credit, as few promissory notes
are issued for one petuia, excepting those, of.
,Country Bankers,
,which in. fact arc concurrent
with Batik Paper of equal amount. tiilver, it is
true, may be said to *support credit.;.. but: it is :of
limited extent,, and. exists only as between two
individuals; such as the labourer and the shon-
te.eper, or small dealer ; this may be cart ied on
ittoiil it reach one pound either with or without
the fractional parts. The greater proportion of
silver is either retained about the person nil tile
'possessor, or hoarded tip by him in small sums for
future application. Silver, therefore, can hardly
'be regarded as a consequential support to general
credit.. Under this illustration of silver not being
essential to public credit, it is erroneous-to be-
lieve, that if silver be-issued for Bauk.Paper, the
saute quantity of son,ill notes as befOre are not re-
quired;' * impOstation of corn has also taken
Dorn circulation perhap-s to' the aasount of five

_
he foregoing are crimriaralively mirror con-
dicitytv iom, but the grunt! suitrce vE elii!nai tits-