The Sun.
London, England, 1820-06-14 00:00:00

Pew limes ]

After havingg agi;Hted other parts of the com•
triunity, the negociation on the Qoev n's affairs
has been laid hold of as, a ground of sp,.ctd.i,
on the Stock Exchange. Strong rionoors of
changes in the Adtninistration were set -11 at in
the course of y sterday, without, as we believe,
the shadow of a toundalion. They raiicd, how•
ever, in a great measure to produce their in..
tended effect. The Funds were, during the whole.
of the day, exceedingly ; and it was remarked
that some very large purchases were made for
distant periods. Consols closed at 7OL scilers;
and Omni= was tat *!ci premium.

1i)I THE SUN.

ON THE RECENT PETITIONS FOR A FREE TRADE.

(No. V.)

We live in an age when greater changes have
taken, and still take place, both in things atid
in Words, !hart during any specific period which
History sets before us. Nay. we have even adopt-
ed a systrm which substitwes words for things,

nnd, it permitted, ►vt►uld strike ;It the root of every
mot Al obliglition, of every politic4l duty. Amongst
thee there is not one vvht►se potent rnctgie has

been mitre extensively felt qr thre,vrens more ex-
tetv!ed co,,serptencec than the so c.:lled c' libera-
lity" of the pre4riit day.

Tl,is libel genernits—it fretly give,

that for which it carts not—it readily loompts
to rartiug Ivith that xvhich bdonzs not to itself--
it will roost pi ilosophirally resign what others
providee. for it st If it can obtain a Imo it in

return ; hut !flitch its own interests, then, in.
deed, Ifeaeen and E.rib, and boil) Humes of
l'ailiatnt-nt are moved to avert tite threatened
evil.

I am sorry to see, Sir, that this liberflit y, like
the ;T:y rnt, has recently found its er3y into the
'TIMBER 'ERA DR, where its ravAfzes will speedily
be worse than ;huge of the Tropical Seft Worm,
if not seditiously watched and speedily pre-
•ented.

But our nett, Dealers, for such they
literally are, almost without a pun, who think so
to shuffle the cards as to have every deal to them-
selves, may laugh at this as a specimen of the
bathos, and compare your hum!de Correspondent
to the Lubin Log of 'he. Farce, who intended, on
the morrow, to marry and to sell a lo! of timber--
I rare not, if I can bark off their arguments and
'thew the rottenness of their planks to the true
Timber Tasters of the Legislature.

I wish to impress upon you, Sir, and upon all
your Readers, that the present question is totally
distinct in its princinles front almost every other
connected with our Foreign Trade. 'Tis not like
the Wine Question, which turns simply upon the
propriety of a preference given to France or Por.
nip! ; but it is, shall tve use our own produce,
or give a prefetence to Foreign Nations
I call it '' our own produce" bet•anse, altbottch
absolutely the produce of our Colonies, yet has
it been proved most clearly and circumstantially,
both in the Petition and " Considerations" of the
Ship-Owners, that the Mother Country realizes
all the advantage: both of ht.,- own business and

of the Colonies, connected with Colonial Trade,
through multitudinous ramifications ; whilst in
exchanging it for Foreign Commerce, she, at
the utmost, could not expect more than
one haY ! It has been she►vn, Sir, that
not only is the rough material the property of
nor own Colonists, and paid for by British pro-
duce, but that the whole increased value on its
rending here is the produce of British Labour and
of British Capital ; on the principle now
brought forward, of opening the Foreign Ports
by a repeal of duties, in the, I fear, ill-founded
expectation of further opening the vent for Bri-
tish Manufactures, or else of laying an increased
duty, really an equalizing duty upon Colonial
Timber, under the idea that it will hear such an
increase, it has been clearly proved, that nothing
can ensue but ruin to the Colonies, and a certain
loss to Britain, witl► little hope of even a partial
equivalent. Into this part of the subject, I shall,
in a future communication, enter more at large;
in the mean time, permit me to state one or two
moat impressive facts, that cannot fail to open
the eves of all to the risk, nay to the certain dan-
ger of intermeddling with the Timber Trade, as it
at present exists, unless it were indeed to give
greater facilities to our own Colonies. Even
under existing circemstatsces, the balance of ton-
nage arriving in British Ports front the Baltic, on
an average of the three years preceding 1817, ►t•as
decidedly against us. The total amount of Bri-
tish tonnage was only 76,022 tons from Sweden,
Prussia, Denmark, and Norway ; whilst the
Foreign amounted to 206,813 and that too,
under the immediate action of the additional duty
of 105.3 d. per load, then laid upon Foreign Tim-
ber. Now, if we give greater facilities to the
importation of Foreign Timber than it at present
enjoys, we cannot expect the increase upon the
Baltic Trade to be an increase upon the whole
Timber Trade, because the increase of Timber
imported, cannot of itself increase our I-lome de-
u►and ; the Baltic increase must then be followed
by a Colonial decrease, and that decrease must be
an absolute loss to Britain in Colonial export, in
Home freight, in Sea Men's employ, and in every
article connected with shipping outfit. In fact,
when we see that, under increased restrictions,
the balance of Foreign freight haS been so decid-

edly against U 3, must we not expect, nay, must
we not regard it as a moral c-crtainty, that the

balance will be even greater under increased ad.
vantages 2
With such home truths before us, Mr. Editor,
shall we imitate the dog in the fable, and lose the
substance' whilst catching at the shadow / If we
do, we shall then literally be sad dogs indeed, and
none more so than

Yours,

RALEIGH.

THEATRIcA l', Ef:lSi. F. It.
Pei:former( Lust Night.
IFICA FRE ROYAL, NIURY-LANE.--ToWn and CiitintrY.:
Pen-
ben Glenroy, Air. Rae; Rosalie Sinner s, Mrs.
After which, (jioranni in London.
I'l4.E.vrnr. Roy. bt CovENT-GAttnEN:.—ilThe Barber of Sertel
Count Atinaviaz:ar Mr.donesi Mrs. Dicliont. After
which, Husbands and Wires; to which was added, Har-
lequiii and Cinderella.

EttRA rn —ln our last Weeltly Retro9ieet, Line 19, for " obey-
„tic(.,' read "abeyance," and Line 27, fur "warring busi-
ness" read " roaring business."

'V For Letter 11. on A4ticultural Putitiont, sit ticel " A
Daily Reader of yonr Paper," see the First Pasze.----For the
Proceedings in Parliament, see the Fourth Pagt..

PRICE (tie STOCKS
l'Him I.AY AT ON CIUCK.
3 per Cent Red.
per Cent.
4 tier Cents
3 per Ccot. Scrip.- 14 I pr. Oaniium .7
Bank Long Ann. 17 13-Ict hi ( I,lls. for Account 7v,f, 70

AwitrvFl-1 11111)1in, 1 Vaterford.
Dug—l Gutteribult;ll, I Li,htart, 2 Hain Imrgh.

111 G /1 I%',kTEIL AT L. ' IA URI OG 1.07N111111101V.
Nlorning, 57 minni(:4 alter 4.—Evening, 15 minutes Alta 5.