The Sun.
London, England, 1842-11-24 00:00:00

gte AUL

LONDON :
11IUIEDAY MORNING, NOVEMBER 24, 1842,

The cheering news from China and Affghan-
istan, particularly from the former, is extremely
well calculated to inspire our merchants and
manufacturers with hopes of a now and a more
extensive trade. We rejoice much with them at
the prospects of future commercial prosperity
which opening four new ports in China to our
shipping, and Opening a road into the countries
beyond the Indus, hold out to our people. At
the sL..me time, we cannot admit that the two
wars now so happily and so gloriously concluded,
have had much, if any effect, in interrupting, our
trade, or causing our plresent commercial embar-
rassment.

With respect to China, Sir ROBERT PEEL at
tempted to make use of that argument last se
sion, but was driven from his position by Mr,
HASTIE, and obliged to acknowledge that he was
in error. Our chief import from China is tea, a
Full supply of which we have always obtained,
and We have always paid for it with our own
produce. Canton has remained open to our
ships during this singular war. Though we
share, therefore, the cheering hope that
tke peace with China will much extend
our trade, which GOD grant, . we must
remind our renders that the extension will
be a new trade, not the revival of an old and in-
terrupted trade.

-46 to the trade with Affghauistan, though the
war there has interruiYted the communication
that country had with India and with
ealkir neighbouring countries, in that trade the
ineaTests of oar merchants and manufacturers
y_ots extremely small. The presence of our artny
Afighanistan may lead hereafter to consider-
ake traffic with that country, but the war there
-las been of the smallest conceivable influence
itr.roducing the present distress in Great Britain.

It is of importance to remind the public of
these circumstances, because the writer of the
City article in the Morning Chronicle, with a
want of consideration which we should not have
expected in a journal so devoted to Lord
PALMERSTON, yesterday, after alluding to the
peace with China, and the brilliant SUCCC:4S of the
British arms by the re-capture of G huznee and
Caubui, said—

" The tone of despondency which has been
so long general as regards our trade and ma-
nufactures, has given way also to confidence,
and all men engaged in business look forward
to an early revival of commercial enterprise. The
'floral effect of the news will be great at home and-
abroad ; it will put new life into the hearts of our
manufacturing capitalists and their workmen, while
t will cause British influence and power to be re-
spected as they should be by all foreign nations.'
As might be expected, the evening organ
Orthe Tories seizes on these words, and holds the
passage up as admitting that the war, by " ob-
structing our trade, has had a most injurious
affed on our manufacturing industry." It goes,
in fact, to relieve the Corn-law from the blame of
the national suffernegs, and throws it on the war
with China. The writer does not nicanthat, but
Dfs batiguage implies, as the peace is to " revive
commercial enterprise," that the war had inter-
rupted it. Such was not the fact, and the pea ce