Star.
London, England, 1823-10-16 00:00:00

LOANS ON MORTGAGE.

The following annunciation, of the Bank of England
now ending money upOn mortgage, appears in some of
the Daily .rapers:—
" The Bank Directors have adopted a resolution
which is likely to be of essential service to the agricut;.
tural and landed interests—we mean that of lending on
mortgages. Soine very considerable lanai() proprietors
have, in consequence, been enabled to reduce materially
the rate of interest they had previously been accustomed
to pay on that species of preptity. We hive not been
able exactly to ascertain the rate Of interest actually.
charged by the Bank, uhich, hoivesiert we have reason
to believe not to be a fixed rate, but probably varying
in a certain degree with the estimation of the borrower s
credit and resources. It is probable that the Directors
—as this is a mode Of employing money by the Bank
which is wholly new—will limit at first within certain
bounds the capital devoted to that use."

IGNORANCE AND INFATUATION OP THE

IRISH POPULACE.
Our Lord Mayor has been very active in his endea-
vours to check the frauds practised in the Markets of this
City, in the adulteration of Bread, light weight, and
other abuses. These labours, in which he has been in-
defatigable night and day, are calculated'principally for
the benefit of the poor or labouring classes. The, rich
can protect themselves against imposition, or they can
afford to be cheated; but the scanty earnings of the
,pooi'man limit his supplies of food to the mere wants
of necessity, and he requires the full value of his money
to satisfy his craving appetite. Although it is clear that
the labouring poor are chiefly interested in the detection
of fraudulent practices in regard to the quality and quan.
city of their food, it is not less certain, that the praise-
worthy exertions of the Lord Mayor, to protect their
interests, are the cause of hostility on their part This
fact would surprise any man in any country, but an
Irishman in Ireland,

Such is the low state of morals in the country, the
unmixed course of fraud in every quarter, that honesty
seems an unknown principle, and any attempt to redress
abuses is violently resisted by even those who would
derive the greatest benefit from fair dealing. The Lord
Mayor has seized large quantities of light bread, and of
meshed potatoes for adulterating it ; and notwithstand-
ing this good work, the reproaches, instead of the praise,
of the mob, or lower orders, accompany his progress
from street to street while so laudably employed in the
performance of this important duty. He has also seized
bad butcher's meat, unfit for dogs, but intended for
men! and while examining Clarnedon-Market on Satur-
day last, he was roughly attacked by butchers and other
ruffians. Some of his attendants were knocked down,and
otherwise severely beaten. As the law of the land is
not much respected anywhere in Ireland, it need not
surprise us, that the butchers, who were likely to suffer
from his Lordship's visitation, should assault him, but
it really seems astonishing, that the mob, or rabble,
should abet the cause of those who cheat them, and not
support the exercise of power to redress their grievances;
but the fact is obvious, and it was only by an accession
of Constables that his Lordship was able to secure the
assailants, who, in our opinion, ought to be punished
with the utmost severity of the law.—Dublin Journal.