The Sun.
London, England, 1811-07-23 00:00:00

is

~S , ~.

morneelfa but font the A of tile
rSovereign
~ti ill and intention of the State which constittued gold
the coin of the realm, and gave it currency as, such., No
deutil the precioes metals, from a variety of eensider-
alit its; Were justly conisUered asilte fittest material
to tisane the coin of a Slate ; but it did not follow
that other- and less valuable materials might be
used: for that purpose. They had in fat & been so
used ; for u differeut periods it Was knOwnth4t.
copper, iren, Dud even leather, had been made use
of as the C.41141t coin of the titre; the smertign
wife cf the State, as;he had , already
;observed, or.
daiuing that such substances should be so used at the
time isb the current coin of the State, which so sig.
;titled its will and iotrotiOrti,‘ It east, therefore,
with coin as coin;und not as mere gold, that psper
and ittvaloe should be compared, and in that view of
the case, he would still continue to contend, 'that
the notes of the Batik of &Omni,' bad-tretTered eta
depreciation, and that to all 'meets and purposes
they continued to Cu cultue in their usual relation to
Coin. Such, he was confident, was tbe general bent
of the public opinion, which had been unequivo-
cally expressed during all the dikussions which had
taken place talent tles-snbjeti. Even wbere private
interest might be supposed to interpose its influence,
this opinion prevailed, which afforded a fair hope,
Ili it the conduel of Lord King ,k 0 itd not be follow.
pit, and that the measure would tend to prevent
aoy of the evil consequences which might be sup-
vosed would arise iron the incitation of such an ex-
As to the gteater or lesser issue of Bank
le ti's, upon which Noble Lord laid such sires,
be could net allow to be the cause of the supposed.
tle-pteciation of the paper currency of the kingdom.
On the contrary, lie was confident that no more
was issued than was.necessary to the. incteased •de-
cloud arising from the increase-Of our coaimerce,
and the very, extensive' concerns in every branch of
b •siness• which had so. rUtilliplit..d Within these few
• ',ears. lie was kady to allow that gold bad become
s;:aree from varioui causes, hi'lol as the exportation of
'it to a large amount, on account of the turn of the
exchange against u ; the necessity' Of putt:basing
emit) wit bit atone time, and at another of seudieg it
abroad I,i dray our army. Thole, however, were.
cae~. ot a temporary rettere, arising from the exi.
trao.dueuy state; of the world; and which could not
. et niidered as ofd pet toarirot opvi lit.such
a pott-piouS of things; whatevel might he his
Opinion respetAing the Restrliaioh Ad on .the Batik
in 1797, sure he was that imprudent man would
advise to repeal'that' A wider the sere eestraordi-
Iraq circuoeitatees Or the times- to ;Whit:lL:l3e had
alltided, 11 then it was wise to.cdetilase that Ad
till these circumst owes ceased to operate,e equally
wise lied ri'vt e,i;try wai it to resort to sorhenieasure
like the eresyet Bill. The 'question- respetting the
resuruptiou el the cash paymenis of the, Bank,
was 'ii questioo of. practicability. There. were few,
it, any, who would Say that the resumption of the
former crates of things was now prattipable, and
if riot, what fair objection could they make to the
present measure i Something was necessary to be
tined to prevent that artificial depreciation ;of the
Bank paper, which wined to be a favourite ehjeca-
with some, persens.' He trusted the present' Bill
•tivirOld be loand to hAve that oiled, and as such
it would prevent the in;schiel, which might pos-
sibly' have arisen from tier conduct
.of the Noble
which Condutt had seggested the necessity
of introdneing it.
Lord. Lat'nennate briefly explained. '•
Earl STANtio.PE made a variety of observations
on the subject to which the Bill referred ; and nor
tt few of ' these respecied the conduct of a Noble •
Lord, then' absent (Lord King) which gave rise, to
the ineaswe in vestiotl. That flee of cockle, no
doubt, the Noble, Lord hold himself juitifiable in
yloot leg, and perhaps justified to himself, but ninny
td the' praaticcs and results to which it would' lead,
he belt it his duty to prevent, as far as in him lay.
Ile was desirottS Of preventing; as the -prthice was
in mitid'(Eart StanhOpe's) indefensible, the re-
ceivingof • Bank, Paper atone value from one de-
seription of dealer, and paying it nit to another at a
different rate end value. Perhaps the Noble Lord
may thine:' it'jus diable, and justifiable on the prin.
cipleii insisted by the Noble Lord it may bee.-to pay
a bill which ha owed, in notes; and then, when he
bad got a receipt, to sendiwrird that he would be paid
What would b,conie due to himself.io gold! There
was an occasional pratrice in the university of Ox-
ford., oiled " Jack King's Broad flip!, I",which, in
effect, consisted in kicitiog a .fellow, down
And a hint of this nature, he thetight,,,be should
be ahle to, that Noble Lord in the next Sesskar
ot Parliament. With respea to 'the measure just
• 'finally agreed to by their Lordships, Inc had never
said it was a fuodameetal remedy.- he thought
so, would he have brought •in the, fourteen Resolu.
Oeus ln.some point of view tire Bill would go to
•make the case wrrse. would not recommend
it for qualities it did. not trossess. . Where a case of
itbsoltne tie cessity ex is' ed for pratturiOg gold, the
BM would render gold more difficult to be pro-
, ' curet;' but it Mad .soon, do snore than cur:, that
evil, 'for it e.ould force Parliatneet to apply a.furida-
mental remedy in the next ,Session. The peoding
initiation of the country with. respeet to the subject
tri which the Bill in some degree referred,. would
be tremendous, if the. Legislature did not recur to
the proper remedy. But if that ti should be the
it Would,' instead of being, tremendous, be
.a
blessing to the country, aS the .I...egiAntute
adopt re system which would establish a permanent
and invrtrtable circul.tting.reertnea,- which, would
"it'd" tu*coftlittrY the, introdottee...o vent was
the precious metals for thate•parpose, a me-
• diem Which recent and calamitous, expetience had
had strewn was not to be depended on, from its
occasional scarcity and finCtuating value. They
were originally used by nations ,comparatively itt
..a
state of barbarian!, who were completely ignoraht
refthe true'principleS of commercial polity.
.Iklueli
• of the error in ihet;e reSpeas arose froth the,
d.:ring- gold coin'and Wilier) as the same.; thiS was
a most injurious contitsion ; bullittri may legally be
recited, and converted to any use, or.extxnteth
which could not be r done with the current.. coin of
the realm : 'and the Noble Earl ..t.tbucluded by ,re-
commendiog for eventual ;idol:44)lW his proposition
/Or a system of 'general book' 'entries and trans-
fern throughout the,country; air-the,rtmst tattexcep.
ttonable principle for a circulating Medium- hitherto

devised. •
,The Loin CIIANCELLOR brichy observed—He
was ueiltiet at o Jobs tow to put 1114 quystiou, to.

for That tvLiel., in ro'nt of fal, tllct were cbt')4ti
rtg un for two hours will hally wits si,vitily,
they alnesiage should be t`(.l the C )mo.ons to
acquaint the ire thaetitcy Lad aeded to their
meniq to the ?

Thie question was then reg•ilarly rttt, and or-
dered. accordingly.
Adjourned 01 to.rnorrow.

4mJoL~t M4!L.

CiriIiTATINOPE, MAY 2.5.--The inteligence
which we daily receive from the limiks of Ow
Danube is very satisfactory; evi-ty thing
.I...ftd. us to
supiluse.that the cum)* will eutifine thentseltes to
a6t defensively this campaign, upon the lett side ut
that liver'.

CARLSCRONA, JUNE JAMES SAUMARKI
has not , appeared in the Baltic, It appears that
affairs have taken . a pact& turn ; Government
nevertheleis persists in the intentic,if of not deviating
froth the measures it has taken relative to Gear
Britain. .

CoNsTAtcrtNor3,E, • MAY fresh bloody
scene has taken place among the Janis'saries ; it wait
so violent that the 25th and .3 tst , Companies fired
several houses in the streets,.,ot Allis. city, Much
excess has resulted ,front it ; many shops have-been
pillaged,• and, some rich,merchanis were obliged to
ransom their property. At last the consequences
were becoming so serious that the. Grand Signor
was obliged to send. to the chiefs ihe J;acisi.►t ire
a Hate Sherif, by which he rendered him responsi.
ble for what might occur, and 'ordered 'hnn to keep
the Janissaries disarmed while they remained in the
Capital. This etiergetical order re-established
quility.
The firmness of the ttcha trytintained tranquility
in the suburbs of Petit and Galata; the order
he gave to instantly put to death whoever.appeared
inclined to rcvolt gieatly contributed to it. I.'e'd
companies of the Janissaries set out in ten days, to,
rejoin the army of the Grand Vizier.
They write, under data of the loth May,-front
the camp of the Grand Vizier at Sebinula, that
3000 men of his army had taken possession .of Ni-
copolis and Sistow, apd that under the 6'oll
that the gitssians were disfosed to evacuate Sills-
tria, detachments had marched towards time place,

in order to occupy it.
NAPLES, Jute 4.-.-Thera have been
~hitterics
ere led alongthe coast from Naples to Reggio, upon
the most commanding pointS; to protett the anchor.
age, which, for the twure, will be perte6tly secure.

These measures displease the English very much ;

they, therefore, do every .thin} in their pow6r to
prevent the works front Wog carried on, which,
hoWever, continue in spile'd 0104 cannonading.

The last intelligence' from Corfu states, that that
island enjoys' the most perfe4 tranquility ; -previ-
bions are 'in the greatest abundance in it ; and con-
supplies arrivafrom the ports of Italy.
The frigate-built ship Aurora, which was taken
by the privateer,' called • the Norwegian Doit, is;
together with her cargo 'of Salt, now on board her„
and ordered to be sold by public maim] at Christian.
sand towards the close of this month (July).
JuNl c .—ln the public Papers here, we reach h 4

follows Since the return of. his Majetttia, the
'King, from Paris,. the work on the Royal Marine is
continued with redoubled vigour. A grearbuniVr
Of workmen are sent off to Ca•tell a Marc, fOr, the
purpose of' completing the bath% of a new- line of
battle ship. The Cupri, at 74 guns, now laying
in our Road 3, will, in company with some .other
vessels, very shortly proceed upon a cruize.