The Sun.
London, England, 1827-02-22 00:00:00

EARL OF LIVERPOOL.

Early this morning the inquirers were so excessively
numerous that it was thought right to issue the fol-
lowing written communication, before the consultation
of the Physicians :

" Lord Liverpool has passed a good night. The Physicians
hold their consultation at twelve o'clock, after which a Report of
his Lordship's state will he made."
After the consultation of the Medical Gentlemen
the following Bulletin was issued :

" Fife House, Feb. 22, 12 o'Clock.
" Lord Liverpool continues better. His Lordship has passed
another good night."

On inquiring at Fife House, at a quarter to three, this
day, the answer was, that " the Earl of LIVERPOOL was a
little better."

Nothing of any importance occurred last night in Par-
liament. Petitions on the Corn Laws, the Catholic Ques-
tion, and other matters, were presented in both Houses.—
In the Commons, General GASCOYNE gave notice
that he would, on the 2d of March, move for a Com-
mittee tc, inquire into the state of the Shipping Interests,
as affected by the late relaxation of the Navigation Laws.
Colonel MABERLY brought on his motion respecting the
grant of a thousand pounds by the Corporation of North-
ampton, during the late election. After some debate,
however, the Gallant Colonel withdrew his original mo-
tion, and substituted one for a Committee of Inquiry,
which was agreed to.

By referring to another column, it will he seen that true
bills have been found by the Grand Jury against Mr.
SIIEIL, whose trial will probably come on this week.—
We are not sure but Mr. PLUNKETT would hare better
consulted his own reputation and the interests of
Ireland, by abstaining from this prosecution. The con-
viction of Mr. SEEM may only inflame party animosity—
while his acquittal may exalt him still more in the estimation
of his countrymen ; so that in either case Mr. PLUNKETT
might have done wisely by letting him alone.

It would have been seen by our Paper of yesterday,
that a public Meeting took place at the City of London
Tavern, of Shipowners and others interested in commer-
cial matters, to confer with Deputies from the outports
upon the present distressed state of the Shipping interests.
The object of this meeting was to appoint a general Com-
mittee, for the purpose of representing to the Government
how far the Shipping interest was affected by the mea-
sures lately introduced I,y Mr. HUSKISSON. Indeed, it
appears that the Deputies have already had several com-
munications with the Right lion. Gentleman upon the
subject, and they expressed themselves highly satisfied with
the great attention manifested by the President of the
Board of Trade to their interests. Now, though we en-
tertain the greatest respect for the Shipowners, and deplore
the present depressed state of their interests, we think
that they take a narrow view of the case by attributing all
their distress to the operation of the free trade system.—
All improvements must of necessity affect the ground-
work of the old system, but many concurring circum-
stances have unhappily conduced to the distress complained
of by the Shipowners. No doubt the liberal system of
Mr. HUSKISSON has in the first instance damped the
ardour of the British Shipowners, by throwing open in a
certain degree to the competition of foreigners those
branches of commerce which had been formerly secured
by monopoly to the British merchant. Now the very
nature of monopoly implies injustice—we do not mean to
assert that there are not cases in which monopoly is jus-
tifiable—but, in a commercial point of view, monopoly
' sooner or later defeats its purpose. Any system founded
exclusively on self-interest, cannot be ultimately beneficial,
?because the parties affected by it will naturally endeavour to
become as selfish as the monopolist, and thus a spirit of hos-
tility will be engendered where only one of reciprocity or
honourable rivalry ought to exist. It is true that our great
maritime power enabled us, during an extensive war, to
dictate whatever terms we pleased, but, though other na-
tions submitted, from necessity, to our compulsive measures,
it was not likely—it was not reasonable—that they would
quietly put up with our restrictions on commerce upon a re-
turn to peace. Other nations have their own peculiar inte-
rests as well as England, and if England insists, because
she can, upon terms exclusively beneficial to her own ship-
ping interests, to the injury, or at the expense of other na-
tions, it is but just that other nations should be allowed
to look to themselves in all matters, commensurate
to their ability. But this system of peace would only be
war in disguise. If short accounts make long friends—
liberal conduct and manly feeling will best promote the in-
terests of nations by securing the continuance of that har-
mony which is only founded on reciprocal confidence.
With the most patriotic wish for the flourishing condition
of our Mercantile Shipping, we do not see such cause for
alarm from the competition of foreigners, as they profess to
fancy,by the operation of that liberal system of policy which
Mr. HUSKISSON has introduced into our Maritime Code.
The Shipowners should recollect, that every new
change involves the alteration or modification of the
old system, and it is but just to allow sufficient
time for the full operation of the new system. Men
whose interests arc affected by any change, do not
wait to argue the matter coolly—sufficient for them that
their present or prospective interests are likely to be
affected—and they denounce the innovation as not only
prejudicial to themselves, but involving the interests of
the community at large. Thus prejudice is roused, and
the partial views of a privileged body mistaken for
the general benefit of the community. All we ask is,
to let the liberal system of Mr. HUSKISSON have a fair
trial, and if it shall then be found not to realise the bene-
fit intended, let the system undergo such modification as
the exigency of the case requires, and the wisdom of Par-
' liament sees fit.

As we are upon this subject we may call attention to a
very able pamphlet by Mr. ATKINSON, entitled " The
Effects of the New System of Free Trade upon our
Shipping, Colonies, and Commerce," in which the
advocate of the Shipowners has embodied all their
grievances—but has not, in our opinion, taken an
enlarged view of the subject. He mainly founds his
argument of the impolicy of interfering with our com-
mercial laws, because they were framed by our ancestors,
and because the Marine of Great Britain has improved
so much by the beneficial operation of these laws. But
the author, in eulogising the ancient system, does not
make allowance for the change of circumstances—and
the improving condition of those States against whom the
old laws Were made, but who now are able to meet restric-
tion their commerce by similar restrictions upon ours.
The supon
history of the world spews, that no friendship can be

lasting which is not founded upon an equitable basis, and
the true interests of all States will be best promoted by a
reciprocal obligation—alike advantageous to all.

In Leadeuhall-street, it is expected that the Duke of
BUCKINGHAM will be the winner of the valuable Stakes
in the East, to which there are so many Subscribers.

We can hardly credit the report in a Morning Paper,
of a libel case tried yesterday at the Court of Common
Pleas, in which the Chief Justice (BEST), is made to state
ex cathedra, that the Jury had " tampered with their con-
sciences," because they had differed in their verdict from
his Lordship's opinion of the merits of the case. Sup-
posing, however, that the report is correct—and the great
respectability of the Paper in question fully warrants such a
supposition, what condemnation, we would ask, is severe
enough for a Judge who, not content with entertaining an opi-
nion contrary to all received notions of English sense and
justice, must needs endeavour to force that opinion upon a
Jury.—His LORDSHIP, we know, professes an amiable
hatred of any thing that even approaches (no mat-
ter how remotely) to the character of a libel; to which
being altogether a matter of opinion, and resting solely be-
tween the individual and his common sense, we do not ob-
ject ; but why does, his Lordship publicly endeavour to
inculcate his prejudices upon others, and thus dis-
turb that calm and dispassionate consideration so re-
quisite for the purposes of justice. We know many
and by no means choleric individuals, who, being accused
by an English Judge, in an open Court, of a deficiency, or
rather a perversion, of conscience, would have required all
the philosophy of a Stoic to prevent them from disturbing
the dignity of the judgment-seat by a characteristic reply.
If an individual who promulgates heterodox opinions either
in morals or religion is invariably visited with reprobation,
why should be escape who officially, in his high character
of Judge, puts forward a dogma at variance with libera-
lity, an anomaly in law, and a solecism in common sense ?

The following circular communication has been made
by Mr. TOTTIE, his Swedish Majesty's Consul-General

in London, translated from the Swedish:—
TO THE ROYAL SWEDISH AND NORWEGIAN CON-
SUL GENERAL IN LONDON.

" At Hoganas, near Elsinore Sound, a brick-kiln has been
erected, from which, when the fire is strong, the flame may be
seen issuing out of the top of the chimney, the height of which
is SO feet above the level of the sea. The brick-kiln is situate
German miles S. by E. E. on the compass from the boll light,
notice of which the Royal Board of Trade doth impart to you, Mr.
Consul-General, in order for you to publish the same within your
district for the information of seafaring persons.
" Stockholm, Jan. 24, 1527.
" In virtue of our office,
" Signed by the several Members of the Royal Board of Trade."

The following is an extract of a letter, dated Constanti-
nople, Jan. 12, 1827 :
I have now to inform you, that by advices from Smyrna, of
the 6th instant, I learn the capture of the Greek pirate vessel of
Captain 7, acca, by the boats of his Majesty's frigate Glasgow,
off the island of Hydra; the greater part of the crew escaped,
as well as the Captain ; two of the Glasgow's people were
killed, and the First Lieutenant and a Midshipman wounded
—eight of the Pirates were killed and fourteen wounded
His Majesty's brig Philomel is at the Dardanelles, whence she
will sail for Smyrna about the 16th, giving convoy to the vessels
gone, and now preparing to sail. There will be a great many
vessels, including lonians, and, I understand, an escort will be
granted to the westward soon after their arrival at Smyrna. The
weather has been hitherto very fine, and we have not yet heard of
a single loss of any kind in the Black Sea this season.

THE FUNDS-(THIS DAY).

CITY, Twelve o' Clock.

The appearance of the British Securitiea is rather heavy this
morning, and as it is reported that money in the City has become
not quite so plentiful, and money Stock, although still scarce,
yet appearing in considerable quantities in the market, it has had
the effect of keeping down the great exertions of the Bulls for a
rise. Consols opened this morning at 811 j-, declined to 81-1 1,
but have subsequently regained their opening price, at which they
remain, looking firm, but without any extensive business; India
Bonds are 51 3 ; and Exchequer Bills, 32 4 pm. The Foreign
Funds have been very quiet with little doing, Mexican 6 per Cent.
Bonds are 681 ; Colombian, 381 In Shares, a further rise
may be noted in Brazilian Mines, in which business has been
done at 5 7 pm ; Real del Monte, 60 80 pm. ; In Anglo Mexican
the discount continues 35 2i-; and United Mexican, 11 10.
India Bonds, 513 pm. ; Exchequer Bills, 32 4 pm.
FoaxiGx Fuxns.—Brazilian, 64 5 ; Buenos Ayres, 54 5 ;
Chilian, 36 S ; Colombian, 1824, 381 ; Danish, 61 ;
Mexican, 5 per Cent., 56i ; Ditto 6 per Cent., 68+ ; Portu-
guese, 76 7 ; P,ruvian, 33 5 ; Greek, 16 ; Russian, 89+ 90 ;
Spanish, 13
SliNas.—Anglo Mexican, 35 32i dis. ; United Mexican, 11
10 dis. ; Real del Monte, GO SO pm. ; Bolanos, 15 25 pm. ' -
'flalpuxahua, 40 50 pm. ; Brazilian, 5 6 pm. • ' Bolivar, par,
P pm. ; Colombian, 19 PO per Share ; Pasco Peruvian, b
per Share ; Potosi, 30 2 per Share.

Two o' Clock.

Money Stock is again scarce, and capital plenty, the conse-
quence of which is that Consols have got up to 82 for this, and
821 for April account ; India Bords and Exchequer Bills are
without any alteration.
The Foreign Funds have scarcely varied all day, and prices re-
main as in the early part of the day. The same observation ap-
plies to all kinds of Shares.

THREE 0' CL OCL
Consols for this and April Account, 82 11.
FOUR o'CLOCK—CLOSING PRICE.
Consols 82 Danish Bonds 611
Do. for Itc., 824 Greek Do. 1825 16+
Brazilian Bonds 64i Mexican Do. 1825, 68i
Buenos Ayres D®. Peruvian Do. 34
Civilian Do. Russian Do. 90
Columbian, 1824, Spanish Do. 13i