The Sun. — London, England, 1860-02-17 00:00:00

. . . ma....... SUN , TIAt LONG , __.... _._._.__,__._._._......... inthe _______________,____ - ---.....-- £373 MONEY MARKET AND CITY NEWS. SILATIE .Sf4IIKET.-( VHS DAY.) PETTISH POSSESSIONS. ensce, • Share; Closing li sm i neea 4 0 ne at I Railways. paid. , e ex- - CITY, Two O'CLOCK. ORDINARY SHARES AND STOCKS. l Peet). ! Business in the Foreign and Colonial Produce ~, closing linelzani 100 Atlantic &St Lawrence f all 8 7 89 Railways. es • - • rrioe. Leased at 6 per cent.. Markets during the last few days has been mode- Share l ! llom.,Baroda&Cent.lnd / No 96 9 , 7 mei Ir)_ Stk 12.10 ittuuerg., Notting. Best. gu. 5 percent rately active, notwithstanding the uncertainty pre -1 and Eastern Junction 10 61 61 • - - Do. Addit. Capital A - - - veiling with respect to the changes proposed in the 50 !BelfaA and Ballymena.. all - - 18 Do. Do. 811 ;d 11. 13.14 'Bir., Wol., and Str. Val. all 8 se 201 Buffalo and L e ke Huron all 41 48 -air. budget, and in most instances prices have shown Stock Birk.,La.,and Ch. June. 100 73 74 20e Do. New all - - sham, more firmness. Tea has fully maintained its value, 25 Blackburn 25 IBiyth and Tyne all - - /00 f Buffalo,Brant&Godricb 1 10 , _ im he but the dealings have not been extensive. In 10 IBost.Slefl& Mid. Coun all 66 7 (I 6 p. et. bds. 1 Anz., 1872 5 100 IDo. do. 1 July, 1873 100 ' - - )licity sugars there has been a fair trade, particularly in stock 11;rietol anti Exeter tock l ealedon ian • ' • 100 93 04 941 1 4 100 Do, do. 1 June, 1874 100 - - the finer qualities, which have been taken to some 10 ! Carmarthen & Cardi g an all - - 5 Clcutta.&S.Eastrn.Lim. 1. 30. par i p .u• had 50 Cork and Bandon 9 - - - 20 Cape,Eastrt.Prov.(Lim.) 2s. 1 - - extent for home use. Coffee at public sale brought 20 Cork, Blkrock,&Passagt. all - - 20 Cape Town & Dock Scrip 3s. 14 1 . 6ce for2 o Central Oude (Limited) 3s. Od -20 Cornwall all 6 64 y - had full values ; and in rice, spices, and fruit the deal- Do.. B , A int reves. no div. 10 Do. A 1 all - - ,20 Ceylon Guaranteed 6p.e 7l 1 1 d 171 Demerara - - vished ings have been to a fair extent at slightly advanced 10 il6p.c.per an. au - - 20 Eastern Ilengal.gu.sp.c. 5 4d [ d hasbeen pd.toß. power quotations. Saltpetre has been quiet ; and tallow 50 Dublin andßeliastJunc. all - - Stock East Indian, zu. sp. c lOO 1001 1011 1011 4 ha I l .. . _ s shown less buoyancy, prices having declined t:. 25 Dun.,Perth,&Abr.Junc all 71 8 toc'z East Anglian lOO 13 4 141 14 20 Do. F Shares Ext. 10 d p 20 I Do. Jubbulpore lO 1 d •1e a with 100 57e 681 68 71 100 I Do. 44 p. e. Deben:rs all 100 1001 for both present and forward delivery. Stock Eastern Counties lees in Stock Eastern Union A Stock 100 39 41 Sto.Stoe f k , Do. 5 p.c. Deb., 1861_ 1( 1 nos 101 l 1014 The Liverpool Cotton Market yesterday closed stook Do. do. B Stock 100 27 29 20 IGeelong& Melbourne .. :-. 20 21 Geelong Corporation 6 lOO - them , I a rather dull appearance, and prices exhibited 25 Do.Nw.A.(lte.E.U3ds) 81 - -- withl per cent. Bondi 20 East Suffolk - - In, and no change of importance. The sales were 7,000 10 Do . - - Stoca 'Grand Trunk of Canada 001 35 36 35 : s Stook Edinburg and Glasgow. 100 80 4 81 4 100 Do. 6 per cent. 'ref. all 94 95 ir it at bales. In the Railway Share Market business stock I Edin.,Perth, & Dundee.' 100 29 29 4 100 IDo. 6 percent. Delaea:_ all 731 744 741 4 4 10 IForh Fu rness & Clyde Junction all - - 100 I Do. 7 per cent. 1862 .... all SS 87 was moderately active, and quotations were steady . Stock t 100 - - 100 IDo. do. 1867...., all 76 73 1 100 Do. do. 1872 .... all 75 77 A small amount of gold-viz., £4 , 000 -was stook Glasgow & south w - eetn. 100 100 102 Stook ,Gt.lndiaPenin.gua.sp.c. 100 98 984 981 1 with a 10 Great North of Scotland all - - withdrawn from the Bank of England yesterday 20 jDo. New, gua.s per cent. 6 4d f d e per- Stock Gnat Northern lOO 108 1084 1 0 94 20 c 'Gt.Soutli. of Ind.Lim.- 1 for exportation. Stock Do. do. A Stool- lOO 97 98 97 f 110 11 fa impos- Stock Do. do. B Stock lOO 133 135 ( guaratiteM 5 per cent 201 Gt. W. of Canada Shares all 124 124 12# ,ust be The Tamar, which leaves to-day for the I'Vest Stock Gt. South.& Wetn.(freld)' 100 112 114 Stock Great, Western llOO 09 691 654 8 ; II 20. Do. New Lof the Indies, will take out £5,920, chiefly in silver. Stock Do.Str.Vl. Rail Gaa.Stk. 100 60 65 100 f Do. Bonds pay. 176 • with 1 all 95 !GO apt. till '6O The Parana has been announced this morning 12 Irish South Eastern.... , all - -_ 100 Do. do. '73 till '6O ~, Stock Lancashire & Yorkshire 100 100 1004 ,-Ax- with £93,257 from the West Indies. Stock London and Illackwall., 100 66 60 108 i Do. do. ''/3 without opt. all 95 1(0 xt, de- Stock Lon.,Brizliton &S.Coast 100 110 112 111 4 100 I Do. 55 p. c. do. '77 do Increased easiness is now experienced in the Stock , Madras, guar., 41 p. c lOO 86 89 ;elf an 25 Loud. Chat. and Dover' all 12 13 Stock I Do. do. 5 per cent. 100 961 97 general discount market, owing to a diminution in Stock London & North Westn , 100 99 991 90 1 i lquence 124 Do. Eighths re Mr. 1 the demand, and a return of confidence among Stock London& South-Westn lOO 921 in 9 3 / 25 L'derry & Coleraine - - Stock Do. Third Ex. gua.s.p.o. 100 - - 20 , Do. Fourth do tom he 1 capitalists, who are now disposed to negotiate good 25 L'derry & Enniskillen. all 8 10 20 BC ' do. - - ;army- commercial bills -4. per cent. under the Bank mini- Stock Man., shef., & Linooln.. 100 3 8 38 4 Stock 'Melte. Corp. 6 p.c. Bonds 100 - 50 Maryport and Carlisle . all 50 62 Newßrunswiek&Canda. !wards, mum. Should affairs continue favourable, a de- 121 Do. do. 1 Shares.... all - - 20 R y. &L an d ( Li m.)g. 6 pc . 11 - - ody, in cline in the value of accommodation is not 10 Metropolitan - unlikely, Stock Midland lOO 1071 1081 1011 1 .. Do. do. Land d 0... sans to but in the first instance an increase in the stock of Stock Do. Birminz. & Derby , 100 85 87 20 Do. do. B. Capital do. 1 1 i• strait, bullion will be desirable, and also a filling off in 2 5 5 0 D n o id . . 4 G s t h . a V4e s st.(lreland) all - .. Do. do. Land d 0... i al-' - all - - 20 Oude (Limited) - - 4 ..; , 1 all 191 101 • the other securities, which have lately shown a 25 Mid Kent , all - - - 20 Sciude Now" 10 Do. (Cray Line) all - 20 Do. New le r 2! 15 1 d 20 Do. PunJaub rs stOol rapid accumulation. 100 'Newcastle and Carlisle. all - - 20 Do. Indus. St. Flo e t, ‘: l' ) all 1 f t wonld The drain of gold f rom th e B an k o f E ng l an d , io Newry & Armagh (aet.l 9 - - 25 New., Aber., & Tiered, all 9 4 10 4 20 St. Andrews & Quebec A 18 - - fy a re.. although considerably reduced, has net altogether 20 Newry, Warpt., & Rot. all - - 10 Trinidad(Limited) Scrip 1 1d Id therm on Stock Norfolk lOO 57 59 ceased, but large quantities are now due from Aus- 50 North. Counties Union 34 3 1 la FOREIGN RAILWAYS. Stock !North British lOO 611 624 611 1 trails, and when they arrive the demand upon the St ock:Nor.Dev.h,ail.&Dk.Stk lNor.Dev.Rail.&Dk. Stk lOO - _ 19 Antwerp & Rotterdam all 41 41 .he was 20 Ardennes all - -p Stock IDo.A Stk .- A r e c. nodie . Do.A S tk.- Arec. no die. • flamer, bullion of that establishment may become even less untilBp.c.hasbeenpdß 100 - - 20 Bale&S.Fran.,Lim.7p.c. 7 j d par gra now important than at present. The New York ex- Stock,Do. B Stock - - 5 ,Belgian East. Junction all 1 1 28 illeziers to G misses sac. . all - - S foal North-Eastn. - Berwick 100 93 934 934 a. The change still shows an upward tendency, and small 25 I Do. do. G.N.E.Purchase '613 4 11 15 d d 6 ,Carmeaux Mine & Rail all 25 21 Wetzel'. StocklDo . Leeds lOO 465 (11/ 100 Copiabo - - - remittances of gold are received in consequence. Stock: Do. York lOO 764 771 77 61 10 Ditto Extension .... all 1 1 d ere wereloo 107 109 20 'Dutch Rhenish further The official returns relating to trade and navi- S t oc k 'N or th North London 20 North Staffordshire._ 17; 31 35 d 20 , E astern of France ...... all 24 25e gation for the 12 months ending the 31st of Decem- 10 No. & Sou. W. Junction all 9 91 20 ;Euphrates Valley 2a. - - p 20 ,Grand Rim. Guar .5 p.c 6 - - could be bar, 1859, have just been published. From these Stock Oxford, Wor.,& Wolver. 100 35 36 10 Peebles all 71 85 20 'Great Central of France all - - ing if he it appears that the total declared value of the ex- 20 Portsmouth 10 Rhymney lO - - 20 Italian Junction .."... all - - ports from the United Kingdom amounted to Stock Scottish Central - - 20 Lierre and Turnhout... all - - X 130,440,4271 against £116 , 608 ,756 in the like StocklScoth. N. E., Aber. Stock i 100 274 28 28 Lombardo Venetian.... 10 14 1/p .St.)* Do. Scottish Mid. Stock ' 100 84 86 period of 1858, showing an increase of X 13,821,671. stockishropshire Union lOO 47 49 20 Lyons and Geneva .... all - - 10 'Sitt'nobourne Lib Sheer all 4 3 d 334 ,Maria Antonia all - - who The increase is most nerceptible in beer and ale. Stock IS ' out i ln)evon lO ;Do. do. New - - lad,. 100 42 14 - 20 Namur and Liege all' 8 84 81 me timeo - Coals and culm, cotton manufactures, haberdashery Stock ,'South-Ezte tern lOO 874 58 UI # # Stock,South Wales brought and millinery, hardware and cutlery, linen menu- Stock;SouthYorks.&Riv.Dun lOO 70 72 16 Northern of France.... all 36 361 20 Do. New Shares - - p lie. 6d./ factures, railway iron, silk manufactures, woollen 20 :Staines, Wok., & Wok..! all 6 8 10 Norwegian Trunk Pref all 9 10 25 I Stockton & Darlington.. all .371 38 20 Part s4,Lyons, and Medit all 341 351 alesnien, 25 Do, do. manufactures, and woollen and worsted yarn. 20 Paris and Orleans ...... all 53 35 ' - Stockton & Hartlepool It3l - - The importations of the principal articles were Stock 'fatl' Vale - - 20 I Recife& S. Fran. (Fern.) ) are was*a. 7p. et. (Lim.) ... j l3 11 Id 20 ! R ig a and Dunabure. 10 - - the shop, larger as regards live animals, coffee, raw cotton Stock!Do. Preference, No. 1 - - , 25 ThamesHavenDk&Rail 22 - - .. inch coat quicksilver, raw silk, timber, wine, and sheep and 50 Ulster - - 25 Do. 2O 2 5 3 1 p 20 Royal Danish all 13 15 i .e bell all lambs' wool. There was a diminution in cocoa, 12 10 Do. ll id 1 p 5 Royal Swedish - - 4 Do. 7 per cent. Pref. - - 4 s robbery wheat, hides, provisions, rice, rum, sugar, tallow, Stock Vale of Neath lOO 60 42 20 Sambre and Meuse..... all 51 6 I ring Tie- an d to b acco; Stock Waterford & Kilkenny 110 Victoria. Station & Pim ss 10 4 ii 00 - - 10 De. 54 per cent. Prat'. - all 8/ 94 20 Southern of France .... all 19 2') as stolen. i 50 Waterford & Limerick all - - The shipping accounts exhibit an increase in the 20 West Cornwall . all Of 61 81 West Flanders e isoner 10 Do. 51 p. c. Preference pr 20 West London all - - • & N .W. of France.. all 22 2:1 and run- amount of tonnage employed in the foreign trade of 10 D o , I s t Cl ass all - - 20 W. I 20 Western of Austria .. . 6 - - naer and , the United Kingdom of 273,417 tons for the entries 20 Do. 2d Class all -- - 20 Western of Switzerland all - - 1 6d. and inwards, and of 305,919 tons for the clearances out- 6 Wiesbaden all - - 1 , PREFERENCE SHARES. 6 Do 8 per cent. Pref.... all - - 1 stolen. . wards. 20 Zealand all - - t because 1 Closing Busbies' . ( In the coasting trade 821,261 tons more were Share' Railways. i Paid.j Price. ] sentence Do n e . employed than in the previous year for the entries dead, and inwards, and 648,480 for the clearances outwards. 25 Blythe and Tyne lt per - Can.Gov.6p.e J a.az July 100 113 115 C o. pref. (issued at £5O all - - - Do. 6 p.c.leb.&Aug. 100 109 111 y ::er of the . A better feeling has been apparent to-day in the i Stk Brie. & Exet.4p.ct.Stock 100 95 97 - Do. 6 p.e.Mr. az Sep. 100 112 114 t 20 Do do. do. Shares l4 - - - Do. 6 per cent. 1879 100 - - 11111 tied to go market for public securities, which may be partly lock Caledn elO, 41 per cent 10 0 1 0 2 1 04 - Do. 6 per cent. 1878 100 - - attributed to the statements made in reference to 12.10 Do. Q uar. Shares, No. 2. all - --- N.B.Gov.Gp.c. Ja. &July 10C 109 110 : 61 Cork & Bandon, 54 p. c. all - - - Do. 6p.c.Ap. & Oct. 100 - - ing Irish Savoy. It is now intimated that Louis Napoleon will 20 Cornwall, 5 per cent. - - &1 1, Dun. Perthak Aber.Jun all 5 4 6 - N. S.W. Gov. sp. C. Deb. 106 99 100 C La got *l 9 not insist on the cession of that territory, and that Stoc E.Angn. Class A/ & spc 100 99 101 - D0.5p.cen.1871 to 1976 100 •99 100 991 ill - Do.sp.cen.lBBB and up 100 99 100 t a id he was the prospect of a collision no longer exists. Consols Stock Do. do. Class B 6 pc lOO 112 116 - NovaScoliaGov.6 p.c. Si. StockjDo. do. Class C 7 pet. ., 100 105 107 Deb. redeemable, 1875 . 100 108 10) v are about 941 1 for money, and 94,-t - 1 for the ac - Stook E. Coun. Ex. s pct. N.l, 100 114 116 - S.Aus.GL6pc.Jan&July 100 199 11l Stock!Do. do No.2' 100 113 115 • count, showing an advance of 1 per cent. The Stock I Do. New 6 per ct. Stock 100 128 131 121 ... Vict•Gov.op.c.Jan&July 100 - 1 stock; Eastern Union, 4 per ct.l 1 0 0 82 8 4 - Do. do. April & Oct. 100 110 111 111 o 'a sister. New Three per Cents. and the Reduced are firm Stock Edin.&Glas. spc shares) 100 111 113 MISCELLANEOUS. the boy g at 94! 95 ; India New Loan has improved to 103 ! Stock, Do. 4 p.c. gua. S. &DH 100 90 92 t , Stock 1 Edin. Perth,& Dun. 4 , 100 771 781 10 Anglo-Mexican Mint .. all 114 15 4 f; ditto 5 per Cent. Enfaced Paper is flat at 97 ; Stock Furness, 5 per cent .. Pe . • ! 1 ° () - - ~spc .; 100 116 118 1000 Atlantic Tel. (Limited). all 1130 170 t ing of 01 0 Stock Glas. &S West.: • ILO replied, and the Debentures are steady at 971 1. Exchequer StocklGreat Northern, sp. et.' 100 120 122 25 ; Australian Agricultural 19 132 23 321 2 d Bills remain at 235. to 265. prem. Stock .Do. spc Redm.,lop.c.pte l 10 'Australian Royal Mail. all 1 - - 1 Stock , Do. 44 ix e. do. do. 100 106 108 106 10 ?Berlin Water Works - all 1 41 51 t tr nephew Only a very limited business is recorded in 60 'British American Land 4G ' - - 100 , Do.sp.c. Redm.,s pc. pm. 8 0 87 89 10 ;Gt. Nh. of Sootld, ls tf.so Brit.& Irish Mag.Tel.A. all i3B 40 I Ca. If'''' ' Foreign Securities, and prices are firm. Turkish 2o Do. B, 7p. c. till 1862.. all ,I 20 22 labour. Gt. Sn.& W (Irelan d)4 ) 100 20 Do, C 96 981 6 per Cents. are 79 to 791 ; ditto New, 661 to 661; Stock p. ct. pref. Stock - 100 Canada Laud. 321 1 120 125 l , she its" and the 4 per Cents. remain at 102. Spanish De- 60 Great West. (Berke and 10 Chan.lslands Tel.(Lim.) all 8 9 c poor deer Hants) Ext. 5 p.ct.. !) - - Stook Cop.Min.ofieng.&Smltg all - - 1 ferred have improved to 34. Dutch 21 per Cents. Stock Do.all - - Redeemable, 41 pet . . 100 97 22 25 Do. Preference 71 per ot all 234 244 Stock j Do. Redeemable, 4p. et. 100 87 89 Stock Crystal Palace - 30 , are heavy, at 66. Stock , 1)o. Irredeemable, d 0... 100 84 91 2 prem.; the Universal ditto, 1 I prem.; the London 8 Do. Birm. Pref. Shares 11 edeem.Pref. 100 100 102 10 (It. W. Ches. 8 p.c.pf.eh. alllo 1.01 Stock. Electric Telegraph lOO 106 106 1 all 17 18 5 I Do. Preference al 5Ai The Ocean Marine Insurance shares are 2k Stock I Do. sp. ct. stock !Do. 6p. c. Perpet. Deb lOO 101 1 103 104 25 Do. New 15 par 2 p 1 e 10 Do. do. sp. ct. pref all let 1 0 / 5 English & Aust. Copper all 21 21 :21 ] and Provincial ditto, Ito i prem. ; and the Cana- Stock Do. Birming. guar. stock 100 75 77 15 Gen. Steam Navigation. 14 - - with Ear, dian Loan is 1i 21 prem. 26i Do. Chester guar.shares all 20 21 1 Great Ship (Limited).. all 4 1 a For 10 0 ' 131 Do. do. do - - r or quarto In the Railway Share Market there is little 20 Do. do. do. Stock Lan. & York 6 p.c. st oc k 100 139 141 20 'London Discount 5 11 1 d r 1 clearatt o change of importance, the transactions having been Stock Do.Barnsl.Stes3Bloepa 100 - - 4 Lond.Gen. Omnibus Co all 14 14 extremely limited. Caledonian, Midland, North Stock Do. 6 per c. (E. Lan) . 100 - - StocklLon.&Brig.spc.gu. N0.i20 Madras Irr. and Canal 1 14 21 24 3 Or foreit li 100 116 118 1174 ___ -NNLooitdrrttyliii 10 Mediter. Electric Teleg. all - - high pre British, and South-Eastern have improved ss. Stock I Do. ,sp. c No. 2 100 116 118 10 Med. Exten. Tel. (Lim.) all 3 4 Stock Do. a 6 ct The Foreign and Colonial undertakings also show ..,:f Stock nn, gu a. , 5" p . c . . No. 4 100 116 118 10 Netherlands Land all - - ad boo* very little alteration. Lombardo-Venetian have Stock Do. Do. 45 per cent lOO - - 103 5 Do. do. 41 per c. shares 1 - - 6 o 8 p.c.Pref. ,iss.at Idle. all 4 1 100 ./tr.&NovaScotiaLand 80 - - rted. delined to 111. Paris and Lyons realised 351; Stock,Do. 7 leer eeet Pref. St. 100 153 157 1 .11. Australasian (Lire.) all 4 4 sere ratbst • East Indian, 1011 1011 ; Great Indian Stock;Do.6 p.e.do.(W.E.&C.P.) 100 133 136 Peninsula, StocklDo.4 p.c S.(div.dettiF6s)l 100 66 68 1 riental Gas 1 Do. New Shares all t 1 , 15s. , 4 d par Is were ill 98,1 981; Grand Trunk of Canada, 35 ; and Great 25 Lond. Chat. and Dover I all 21 22 10 Orientl. In. Steam, A ; 6 - - i Stock Bon.& N. W.Cov.&Nun- 10 Ditto B I 6 - - Western of Canada, 12;:•. eaton, sp. et. - - lour col' Joint Stock Bank and Miscellaneous Shares stock Lon. &S.W, 7 p.ct. stock. 100 - - 1.2 i Londondy & Cole, 4 she. all - - Stock Peel River Lai d & Min.' 100 9 52 50 Pen. & Oriental Stearc.' all 78 80 continued in steady request at about previous 124 Londondy.& Ennis 1 sh. all - - 50 o. New l5 12 14 Stock Wan. Sh & Lin., 6p. ct. 100 124 127 FIIIIIW. rates. London Joint Stock advanced ss. ; Bank of 6 Do. i 6 " 44 1 f 20 Red Sea & Ind. Telegr l5 1 4 P 15 1 50 Rhymney Iron Stock Do. 31 per cent. 1,9211 Australasia declined £1 ; and Ottoman Bank, 53.• 15 Do. New all 65 7 , 10 Dc. redeem. 6 per cent. 5 4 1 e ' st l o oo 7 i x r c o il: : t y n . il A a ir u ie s mn t e rn ~ Teleg.l nv (L a 1 Scrip,m ) i ..... 100 Royal Mail Steam 6O 52 53 52 ..- eks , Australian Agricultural shares have advanced 121 ltaryport & Car.. 4 p.c. all - - Do. 4 4 per cent... .... all - - 125 { 25 oath Australian Land. all 35 36 ..... WO. &boat ss. no. - - Stock Ind. Con. 6p. c. Stock 100 - - ......_-- 1 Do. do Registered Stock Do.Con.Brie.&Bir.6p.ct . . 100 139 141 J . 10 r..11T.n.C0.0t Upr. Cali. 5 - -. • DUDISH FINDS THIS DAY AT ONI ' , nos'. stock Do. 41 p. c. pref. stock.. 100 102 103 231 6 Do. with option till 1860 3 1 4 p 12 1 that estate lank Stock ROWS :-.• ' • 1 3 per Cent. Reduced Annuities 3 per Cent. Consols Annuities 941 f 10 1 Newport,Aber,&c.pret.s 1 all 10 101 p. c. redeem, at 5 p.c.n m 9 _____ BRITISH MINES. - - -- 4. -•a. 4 , .. New 3 per Cent. Annuities 4to s g - Long Annuities, expire sth Jan., 1860 - option till IRBS 12 10 D0., till 1869 3to 4 ' Ditto for 30 Years, expire sth April, 1885 17i 74 par 41) Stock Nerflk 5 p.c. Ex.Stk,lBle 10e - - - Alfred Consols (Philack) 2.11.10' 31 41 4t04 4 i ' India Stock - Stock Do. 55 p. c. Pref. do. 1847 100 - - 20 British Iron 6to 6 • Ditto 5 per Cent. Stock D 0.5 WavVal.Ex.Sk 1847 100 - Clifford - 330 340 4te 6 4 . Ditto Enfaeed Paper, 4 per cent Ditto 5 per Cent. - 971 Stock North British, spercent 100 111 113 Stock Do. New, ena. 5 percent 100 109 111 - Devon G. Cons. (T . .vast) 1 440 450 - East Bassett (Mogan). 30 136 135 1 Ditto Debentures, 1858 - - - East Caradon Ditto, 1859 derable rf ' Dith Bonds, £l,ooo 17 Do. do. do. 4 13.4. 1 # d - Gam.&St. Aubyn(Gwen. I 541 55 57 12011a8011114 . '1 12011 130 - Great South Tolg•us... 17a 141 141 flatilo6 B ° Console for Account (March) 20 Do. Leeds, 6p. c. No. 1. 13 - - - G.WhealAlfd.(Phillaci; 12.4.2 14 lf 2 almost S°' 1 xehaquer Bills, Xl,OOO, 10 23 6 121 Do. do. Quartere,lB46 - 9 - - -G. Wheal Vor(Helston) 9 , 1 • • ( B w h G ren v il le , e r r a t en h ae c a l MIMI OF FORIIIIIX FINDS AT OWN 11111LOIX. - Herod's-Foot B 4 27 29 ez MU Barelinian, 5 per Cent. - 20 North Staffordshire.... a 25 ''eo. York, H.& S. Parch. 10 11 231 2/4d - Hingston Downs 4.1.6 4 44 'a - Ditto Account - liar.- se, Croft 0 1 l f o t „; a . n . 1 1 7. 6 1 . 9 0 . 6 : 8 51 9 61 : 64 u(.ns. n(t. s ( y.. 1 t. 1 8. L. l c l o t. e. g . e eiz. a iy n rt)t.)). ( ,aret (tiny Lelant). 9 1 49 51 1 911 Spanish 3 per Cent - S st to oe ck k (Dbco..wßre.d&eemw.o,l2.d6pguc.al.s.t.g. 100 124 126 Stock Do. Irredeem., 2 , 1 gua. 100 117 1243 - ,North Downs Date Deferred 3 per Cent. - , , , 1 - ". . . .6 N S P I, :re. Stray h ou r avt Providence d o: ie n i :na Bassetsr r e gake l d a o(. Ditto Account - _ au of iiir Turkish 6 per Cent. ' - Stock Scottish North-Eastern 1 1 8 0 5 S it e h o Y tt m is n h eY Ce G nt u r a a r l a , Stock 31 per c. pref. stock.... 100 76 78 n n e t e w e d p .. _ a a mi l l l _ - s s oial e C a C. Fran.B r e a ( ( II ho o g g a a n n ). ) 1 unaltalr; Ditto Ancount P ani w' Ditto New Loan - St i oc os k . so D u o th . 7 D p e . v c o . n r A e n f. n s . t i oc os k . . 100 all- Sortridge Cons. Mite Co. 10s ihe rem Ditto Account ra m m in ar in Tlv c e o r . a .. n . d . . L .. e . a . d . II:8, 4 511: 4 i: 242551 2 25: :256°6 2 5:3 4$ = 1 , S • has sir" Ditto Guaranteed, 4 per Cent. 11 13 1 0 14 10 Do. Fixed 44 percent. all - - 18.1 2 8.9 17 5 24 185 : ( . Ditto Account all 24 241 10 Tin Cr0ft...... ....... I 9 4 5e Red for 413 1 Dividends on the above payable in London. Ann., 1 0 6) r eset (11 ) . 4 4 19 2 / Stock Do .44 per cent lOO 101 103 - W. Caradon (Li ( sk C e ar ar ni d) ) . ‘ sorts we h- Ditch Exchange, 12 Guil. 21 per Cent... 66 Stock Do.nxed4lp.e.lstis. 100 101 103 I TWO O'CLOCK. Stock South Wales, gua. 4 p.c. 100 92 94( e lallail/ 0 Stock Do. 41 per cent lOO 101 103 Consols, Money 941 lof 1 of _owe / 12 10 6' Stock S.-Yorkshire, 4 p.c. gua. 100 85 88 8 1 I has bolt . Ditto Account (March 8) - - Westll, i ogan .. 81 83 ] 3fion of sal' 25 Do. B 6 per cent .... all :33 34 - West Seton .. 471 405 415 25 Do. C 6 per cent all '32 33 - Wheal Basset(l.l.lodainj. er cwt. , , Stock Watrfd & Kilkny, Op.c lOO 50 55 - Wheal Buller (Redruth) 51 176 180 importa llr- EASTERN COUNTIES RAILWAY DIVIDEND.--1. he - Wheal Edward (Cals.).. 5 100 105 I directors of this company yesterday declared a dividend of - Wheal Kittv(U . Lelant) 1 6 14 li 01* . LINES LEASED AT FIXED RENTALS.. 7.2 14 15 prices 6s. 9d. per share for the half-year, carrying forward about - wh' l Mary Ann (Meshe), 8 30 12 sow eno' - 4 . xs,ooo. ---- 1 ' L I ... 4%1 Trelawney (Lick.) 44 ii --- _______ 3l • • in, 53s l"" We have much pleasure in announcing that Wm. Railways. 1 p.m . easing , Closing, Beakless FOREIGN MINES • , Hickman, Esq., will be Secretary to Admiral Bruce, the , "'"'" Co.'s. Price. ' Done. , 1 ____________ 2W Australian . 7l i 1 # new Commander-in-Chief at Portsmouth.-.eirmy and Bedford and Bletehley all La& N. W : .. .. 1 Bon Accordeopper,Lim. 15s ' i 6 - Navy Gazette. Buckinghamshire .... 100 Ln & N.w 99 101' 35 Brazil. Imp. (is. at Esp.) elk _ Par • Chester, Holyhead.. 100 Do. ! 50; 51 31 REGISTRATION OF LETTERS FOR NEW ZEALAND. Do. do. 5; p. et .... 100 Do 2 124 , 241 5 Do. Laud and Mining Co. all N•l b Do. do. sp. ct. ! Clarendon - - en, • -On the Ist March next, and thenceforward, a letter or aIOO Do . ClydesdaleJ unctlo, - - d 100 Caledonin 'lO3 i ns packet of printed papers, add ressed to New Zealand, may Colchester , Stour n• • 40 Cobra Copper a j 4 6 48 rived It° be the appl ica t ion of the person postino , i -t, E.Lincoln registered, on shire,g.6p.o. 100 Gt.North. l l4o 142 - Copiapo l6 7 8 1. gio provided the postage, together with a registration fee 0(6d., E Union,}larwichShs. all E C '1 .. °nuts., 444 1 DunMoun.Cop.Mine.;.Co all no, for fr- be paid in advance.-By command of the Postmaster- , Do. Woodbridge . . 100 1 Gle.Barr.&Neile Drc't I - - 2 Fortuua all 24 251 20 General General, ROWLAND HILL, Sec General Post-o ffi ce, Do. New ' , • 100 Caledonln! - - 2 Gt. N. Cop. of S. Austr I 1 d $ll/ 0 ; Feb. 17. 100 , Do Gloster& Dean Forest! all ` • : -The -00 , Gt. West. - - 3 Linares all 101 1 1 lk, for DEATH OF THE BISHOP OF ROCHESTER.- 'lre Flartlpool.Dek.&ltaile all Hull and Selby Yk.N& Br - - 5 Lusitanian 1 3lariquit a 2 ld la all , 4 ~ „, $l ll 4 regret to announce the death of the Bishop of Rochester, Do. 1 Shares , A k.N.D1d.411 113 , all Do. ...... 1 - 1 N.RhineCop.of S.Aus.L les.l Id p t u o- g o which occurred shortly after eight o'clock last evening, at Do. i Shares sll Do. . ... 20 Pontgibaud Silver, Lead 'lonia' his town residence in Chester-square. The Protracted ill- LaricArCarl.gua.s P.C , 100 .Ln&k , W 2-0-8 212 Mining* and Smelt.... all 4 5 0 1 hess of the Bishop had prepared the family for the event. London&Greenwich Since his return to town from Danbury P a lace he has con- Do. Preference ;Do. .. . ... 1 115 120 5 Port Philip 1 i 1 1 Scottish Attstraln. (L.)... 106 1 d 5 p B Isle, Lon Tilby.&Soutend.• 100 'Pet° 5i I 28.2.81 United Mexican tinued gradually to sink, and at last died from sheer ex- •'• 4 t ' 100 I N ' Co- 93 95 Lowestoft, gua. p. c ~ 1 ...0rt01k . - _ $O ll ' haustion. The deceased prelate, George Murray, was Do. 6 per ten' , 100 I Do. •„. , _ _ JOINT-STOCK BANKS. from eldest surviving on of Lord George Murray, second son of Manc.,Buxtn.& Matk ' all LN i5 , &:11j el 3 k eel the third Duke of Athol!, hewas born the 12th of January, Mid. Bradford Prefer- I closing I Business , (mats,'" 1784, and was the oldest member of the Episcopal Bench. once Stook - - Price. I Does. itoO f Ho was educated at Christ Church, Oxford, at which Uni- Newmarkt.,Burylex 1 , 5. 5.0. E.Counts 1 I P I New - versity he graduated B.A. in 1806, sad M, 4, in 1810. On guarantt al SP. c. , c ' all Do. Nortliniz, Eastn. sp. hie consecration as Bishop of Sodor and Man, in 1814, ke Do. do. 6 per cent.... all Do. - 40 Australasia all 79 81 TO rens* was made a D.D. In 1627 he was translate•l to the See of Do. Fixed 5 per cent. all Do. Rochester, which he has held for 33 years. He married Oil North Western 1 all Midland . 144 15 100 Pank of London 5O 51 52 the 9th of May, 1811, Lady Sarah Hay Drummond, second Laz NW ) 40 Brit. Col. Bk. & LoanCo all - - Preston and Wyss). 1 , all & L y k. i - - 30 'British North American all -- - $1011 1114 : daughter of Robert, ninth Earl of Kinnoul, by whom ho leaves a large family. Do. 1 Shares A.I all Do. - - Roystn,Hiteli. Ar. Slwp, 100 Gt. North. 135 137 20 Chtd. blank of - India, Ac all 204 21 25 CleMer.of In. Lon.&Ch all 31 33 10 0 City 6O as 66 (51 dies; fo to THE METROPOLITAN RAILWAY.-Considerable Slir,wabr • ' T B ' 104 106 y& Hereford 100 ras.,:y slue , progress has been made during the last few days in the Do. Do. 1 ; •••• !I i P 100 Colonial !25 39 40 30# 0 Of , excavations for the formation of the above underground South Staffordshire..' all M'Clean .1 101 11 20.11 Corn. Bank of Canada all 100 Commercial - - tes ° Wilts and Somerset.- 100 at . West '9O 92 of Landon . , or, s railway, upon the execution of which several hundred men2oCh. ' 20 191 201 !Eng Scot., & Alta a ll 1 5 Wimbledon& Croydn.; . all _ L.&Brgtu , 74 8i 6 16 are employed. In the Euston-road the whole length of 20 Gen ' Bk. of Switzerl a nd all - L. ~,,,Z. 14,10r 121 " ground in front of Euston-square has been dug up for the 20 Lon 'I - Ilk .a, air. adAuetral.f all 221 221 221 DOCKS. 50 swill': erection of the sewer, in doing which they have proceeded _ frow., o li to the depth of about 20 feet, and have sunk the sewer in .., - I ------ I Paid , Closing Business 1 , ‘ ,„ ,London Joint Stook ... 10 - - 314 io u' o ' London & Westminster., 20 - Ll' 0 ' r co a good clayey soil. At the commencement of the line, 'nitre Docks. for near the Great Western Railway Hotel, a long line of ,Net. Prov. of England.' 35 - iDo. new - h ; I 10 - - ________ the road has been excavated to a considerable depth, fortu- ; ' 50 National Bank I ss - - Stock Commercial lOO 20 - nately without any particular obstruction from land s ' New South Wales I all - -.. 1 st.) ~.t's s prings. At King's cross, both up the York-road and s tock :1 - ?o 4 perCent.Pret . Min. 100 - 25 Orient .13k, Car or ation P all 40 41 41 Slorlw' df , . facing the terminus of the Great Northern Railway a large reek !East and West India... 100 Stock 'London lOO - - 20 ottoman Bank 100 ! all 19 20 15F.1 Provincial of Ireland . ' 25 her cl" l ' extent of ground has been removed. At the lattel spot Stock'St. Katharine l OO - 10 Do. New •I all " Ilior aslif. this _ week a large area of the King's-road has been enclosed Stock Southampton lOO - 25 South Australia 1 _ all - -- and a new shaft is b • . being sunk at this part of the line, it stookNactorte 80 N, Do aia,,,,,, •• ''" '" -. .• - • ...a. la 1102 104 103 25 ;Union of Australia all - - being intended to erect one of the stations. %, ,_ -•• ...,•sesem...: 2 - 50 Union of London l2 275 24 1 nclik Vaal' Mutual 6O = ...... Share) Railways. Paid. Closing Sualaess trios. 12.10 . ittuuerg., Notting,. Bost. 1 and Eastern Junction 10 64 64 • 50 !BeURA and Ballymena all 13.14 'Bin, Wol., and Str. Val all 8 85 Stock Birk.,La., and Ch. June 100 73 74 25 Blackburn 25 IBiyth and Tyne all 10 I Bost.Slefl& Mid. Conn all 64 7 Stocklßristol and Exeter Stock !Caledonian 10 'Carmarthen & Cardigan all 50 Cork and Bandon 9 - - 20 Cork, Blkrock,&Passage all 20 Cornwall all 6 64 10 Do. A A roves. no div all _ 10 Do. B until6p.c.per an. { all hasbeen pd.toß. 50 Dublin andßeliastJunc. all — 25 Dun.,Perth,&Abr.Junf, all 74 8 Stoez East Anglian lOO 134 145 14 Stock Eastern Counties lOO 574 585 68 71 Stock Eastern Union A Sto,-.;kl 100 39 4 1 Stock Do. do. B Stock 100 27 29 25 Do.Nw.A.(lte.E.U3ds) 84 20 East Suffolk 10 Do . Stook Edinburg and Glasgowi 100 80 4 814 Stock I Edin.,Perth, & Dundee.' 100 29 294 10 Forth & Clyde Junction' all Stock Furness Stook Glasgow & South Westn lOO 100 102 10 Great North of Scotland all Stock Great Northern lOO 108 1085 1081 Stock Do. do. A Stool - lOO 97 98 87 Stock Do. do. B Stock lOO 133 135 Stock Gt. South.& Wstn.(lreld) 100 112 114 Stock Great, Western 1 100 60 694 68 4 4 9 4 Stock Do.Str.Vl. Rail Gua.Stk lOO 60 65 12 Irish South Eastern , all Stock Lancashire & Yorkshire, 100 190 1004 Stock London and Blackwall., 100 66 6$ Stock Lon.,Brizliton &S.Coastl 100 110 112 11 1 4 25 Lond. Chat. and Doverl all 12 13 Stock London & North Westnk 100 99 995 995 4 124 Do. Eighths Stock London& South-Westn lOO 921 934 10.1 25 L'derry & Coleraine 25 I,'derry & Enniskillen all 8 10 Stock Man., Shef., ez Linooln lOO 3 8 38 4 50 Maryport and Carlisle 124 Do. do. i Shares all -- 10 Metropolitan Stock Midland lOO 1071 1084 1014 f Stock Do. Birming. & Derby., 100 95 97 50 Mid. Gt. vi est.(lreland) all 25 Do. 4 Shares all 25 Mid Kent all 10 Do. (Cray Line) all 100 'Newcastle and Carlisle all 25 New., Aber., & ITeretel, all 94 104 10 Newry & Armagh (aet.) 9 20 Newry, Warpt., & tios all Stock Norfolk lOO 57 59 50 North. Counties Union 34 34 3 d Stock !North British lOO 611 625 91# f Stock I Nor. Dev. Rail.Az Dk. Stk lOO Stock I Do.A S tk.— Arec. no dlv until 6p.c.hasbeenpdß 100 Stock ,Do. B Stock StocklNorth-Eastn.—Berwick 100 93 935 934 25 I Do. do. G.N.E.Purchase '613 4 11 1# d d Of Stock I Do. Leeds lOO 464 Stock:Do. York l OO 76 1 77 4 77 61 Stock' North London lOO 107 100 20 North Staffordshire— 175 31 34 d 10 No. & Sou. W. Junction all 9 94 Stock 'Oxford, Wor.,& Wolver lOO 35 36 10 Peebles all 74 84 20 Portsmouth 10 Rhymney lO Stock 'Scottish Central Stock I Scoth. N. E., Aber. Stock' 100 274 28 Stock' Do. Scottish Mid. Stock' 100 84 86 Stock Shropshire Union lOO 47 49 10 ISitthntourne & Sheer all 4 3d Stock ISouth Devon lOO 42 44 Stock ;South-Eastern lOO 875 88 Uf * 1 Stock ;South Wales Stock ;SotithYorks.&ltiv.Dun lOO 70 72 20 !Staines, Wok., & Wok ' all 6 8 25 I Stockton & Darlington all 375 38 25 Do. do. Stockton & llartlepool 16f Stock l Tail' Vale Stock!Do. Preference, No. 1 25 ThamesHavenDk&Rail 22 50 Ulster 25 Do. 2O 24 34 p 12 10 Do. l4 60 5 d 5 p Stock Vale of Neath lO9 62 10 Victoria Station & Pim 91 toi 11 Stock Waterford & Kilkenny 100 50 Waterford & Limerick all 20 West Cornwall 20 West London all 10 Do. Ist Class all 20 Do. 2d Class PREFERENCE SHARKS. 1 1 Closing Busbies' Share ! 1 Railways. 1 Paid.j Price. Done. • • _ z THI SUN, EVENIiNIG, FEBIthARY 17, It6O. The following letter has been addressed by the Chancellor of the Exchequer to Mr. Glyn, M.P.:— Downing-street, Feb. 16, 1860. - My dear Mr. Glyn,--I think the suggestion which you have conveyed to me that contract notes, like receipts under 40e., should be exempt from stamp is a very good one ; and it likewise seems clear that the law should be so altered as to permit the transactions which are known as Time-bargains. I will avail myself of this opportunity to mention certain points chiefly, though not exclusively, with respect to such of the resolutions now before the House of Commons as im pose what I may call collectively, for convenience, the new penny charges. 1. These resolutions differ broadly from those which re late to the imposition or removal of Customs duty with re spect to the time when they take effect. For immediate practical purposes the former have the force of law when the resolution itself has been adopted. The latter will have no effect whatever until bills shall have been brought in, shall have passed through all their changes, and shall have received the Royal assent. Indeed, as most of these changes will be laid in the form of stamp duties, a further interval for the preparation of stamps, and for various executory arrangements, will in general be required, Even the preliminary resolutions themselves cannot be proposed until the greater questions of Customs and Excise shall have been submitted to the judgment of the House of Commons. In this part, therefore, of the subject there is ample time for the consideration of details. 2. It is likewise important to recollect that, from their nature, all those resolutions which contemplate increased or new charges cannot in general fully explain the measures of which they are to be the basis. The salutary rules of the House of Commons require that for the greater security of the subject, all new taxes shall first be submitted, not in the shape of bills, which admit of clear and full detail, but in the shape of resolutions, which are intended to state the general outline only. Unless this be borne in mind, such resolutions must of nceessity create uneasiness, as they cannot set forth the ex emptions or tho modifications with which the application of the general principle is usually accompanied. The place for the consideration of all these is the subsequent commit tee on the bill. It is, on the other hand, necessary that the resolutions uhould be drawn so largely as to include every thing which might come within their range; for by the rules of Parliament, as you well know, charge may be limited, but csnnot be increased or extended in the discus sions on the bill. S. I have no doubt that in the adjustment of these penny and minor charges we shall find many details requiring consideration. ♦t the present moment the course most favourable to the progress of public business would be that those gentlemen who are immediately concerned, should, if they think fit, make known to me, in writing, the modifi cations which they may think most necessary, and should set forth whatever they may think the extreme cases in which the application of the general rule would be produc tive of inconvenience to trade. I should thus be enabled to bring together the results of much general experience, and should be prepared to enter advantageously into personal examinations a little later. 4. With respect, however, to one or two of the measures I may mention the general rule by which the Government intend to be guided. (a) As respects the registration due of one penny upon imports and exports, I compute that its average amount will be about one shilling and tsnpence upon the hun dred pounds, while it will be levied off the ships' papers. In particular cases it will be lower and in some others higher ; but speaking generally I should regard per cent. as the maximum, and I do not think it can be found ne cessary for the purposes of simplicity of adjustment in any case to carry it so far as to make it equal to one-half per cent. I anticipate from it a material improvement in the statistics of our external trade. In fixing the details of the charge we shall have to consider the number mid complication of the entries, as well as the values of the goods. _ . . (b) In the charg es upon certain op era ti ons performed with respect to goos in warehouses the Government stand upon a two-fold principle, just I think in both its parts. The first is, that the very heavy cost of tho warehousing system to the nation, as it is connected with certain opera tions, especially upon wines and spirits, may be equitably reviewed, and moderate charges imposed upon such ope rations in relief of the department against the cost to which it is put. The second is that by means of a charge on removals we propose to lay the ground for a system of Inland Bonding on principles which will be fair and equal as between inland towns and ports which have the privilege of warehousing with respect to articles that they do not im port. As to the particular rates to be fixed, I think that they will require to be carefully considered in detail. (c) As respects the proposed change upon contraot notes and dock warrants, we shall have to consider earefully the definition proper for the first with respect to the ordinary course' of trade; and as respects the latter, I have no hesita tion in saying that if we find the charge of 3d. likely to amount in a large number of instances to a serious burden we shall not hesitate to reduce it. 5. Leaving the subject of the new or penny charges, I subjoin information which I ought but for the pressure of other natter to have conveyed on Friday night with re spect to certain articles subject to excise at home, which are to be imported from abroad on altered terms. The proposed 'hangers will take effect for the fotign article only at the timo when the duty on the do gestic production is re dueed or removed. The duties of - Customs will not bo re moved from articles of paper until the first July—and the duty on foreign hops will not be reduced to Hs., until the first of January. 6. Lastly. With respect to desires which have been ex pressed in various quarters for further changes in the French Customs' Laws, over and above those which are comprehended in the Treaty. These cannot, I apprehend, be made the subject of any communications which can affect the course of Parliament with regard to the Treaty itself. But inasmuch as the Government have proposed to Parliament various measures favourable to Tench commerce, in addition to those which the troaty contains, they will, if those measures shall be adopted by Parliament, feel no difficulty whatever in making repro. sentations to the French Government in support of any de mand which may appear in itself to be reasonable, so far, at least, as to recommend it to favourable consideration.—l remain, sir, yours sincerely, : I G. C. Glyn, Esq., M.P. W. E. GLADSTONE. SPOPTING INTELLIGENCE. TATTERSALUS—YESTRADAY. About a dozen subscribers present, and only the follow ing bets laid : LINCOLN HANDICAP. Bto 1 aget Clovernook (taken) CHESTER CUP. 60 to 1 aget Herne (taken) DERRY. 12 to 1 agst Buccaneer (taken) 13 to 1 aget The Wizard (take 14 to 1) 1000 to 25 apt Sir 'William (taken) 1000 to 15 aget Horror (taken) LINCOLN RACES. Rattlebone was struck out of the Trial Stakes at 9.15 yesterday. RACING FIXTti PRIM' Nottingham Spring ....21 MA Liverpool Spring ........ 6 Shrewsbury Spring ...... 7 Coventry Newmarket C.......... AP 9 Catteriok Bridge ll Think 'RES FOR 1860. 3Altr. Derby Spring .. ,c3r. Warwick Spring 20 Northampton .27 Croat= Park 3O .IL. York Spring l7 Epsom Spring 20 Newmarket F S 23 MAY. 18 Chester 1 Harpenden Doncaster 5pring........ 8 Epsom 22 30 Salisbury lO Manchester 3 I Bath l5 Hungerford Ju Ascot 5 Hampton l3 Newton l3 Odiham 19 Bibury Club 20 NE. Stockbridge 2l Winchester 22 Chelmsford 26 Newcastle 26 Newmarket J 3 Carlisle Worcester 5 Liverpool Abingdon .. 12 AUG Nottingham 17 Stamford l9 Marlborough 2O Goodwooi 24 Brighton Brighton Club 3 Wolverhampton Reading 8 Plymouth l4 Oxford l5 Retain 2l Tork 22 Stocktou 23 Lichfield 27 Derby SEPT: Warwick Doncaster 11 Leiesster WHIZ. Monmouth 2O Mencheister Autumn 21 Newmark e t F.O OCTOBER. Bedford 3 I Newmark e t 22 Newmarket 8 0 .. • . Woreester Autumn...... 30 8 NC/VENEER& Hereford Liverpool A u t umn IRELAND. APRIL. Curragh . .... MIT. Howth and Baldoyla Summer 8 JUNE. Wicklow 5 I Curragh 2B JULY. B elle watown 11 1 Down Royal Cup ...... 24 AUGUST. H Roscommon ....21 eath of Maryboro' .... 7 Galway 14 SEPTEMBER. Curragh 4 I Jeukin s t own P ar k ......18 Trainor® ...... 11 Cashel 26 OCTOBER. Londonderry I Curragh l6 Strabane 3O STEEPLECHASING. IMPERIAL PARLIAMENT ----♦- HOUSE OF LORDS—(YESTERDAY.) The LORD CHANCELLOR to ok his seat on the woolsack at five o'clock. PRIVAT7 BUSINESS Derby Midland 23 Grand Milit ary (Nort 9 ll : 30 Tenby The following bills, on the motion of Lord REDESDALE, were read a second time :—The Cork and Limerick Rail• way, Spalding Water, .Athenry and Ennis Junction, Croy don Gas, Edinburgh Railway Station Access, Galway Pier Junction Railway, /tlaclock Water, and Railway Cleating House (Ireland). ___ - MAncu. Tenby Birmingham 12, 13 Coventry l4 C --- / GYE V. HUGHES.-LETTING HER MAJESTY'S TUBA:MM.—This was an action to recover 45,000, which Mr. Gye had paid in advance for a year'■ rent of her Ma jesty's Theatre, and also some expenses to which he had been put ; the ground of action being that possession of the theatre had not been given to Mr. Gye. A verdict wan re turned for the plaintiff for 46,730, being the £5,000 paid, interest upon it, and i 59 paid by Mr. Gye for insurance. - - - might do a valuable trade in conveying our coal into Russia, to be used by her against us. The Duke of SOMERSET thought the noble earl oppo site much exaggerated the importance of our coal to the naval power of France. He believed no country in Europe ,would be prevented from going to war by the want of Eng lish coal. At present the consumption of Belgian coal in France was more than twice the amount of the consump tion there of English coal. If France wanted to go to war, it would certainly not be the want of English coal that would prevent her. But the advantage to the French of getting English coal was, that it tended to lower the price of their own coal for the convenience of the French manufacturers, who w.uld now have to encounter in their own market the competition of the English manufacturers. The noble earl seemed to think we were giving everything to France, and getting nr thing for ourse l ves. B ut h e (the Duke of Somer set) thought differently, and he looked on this most valu able treaty as the commencement of a new era for Europe. He trusted that it would lead to great and extended inter course and commerce, not only with France, but with the other countries of Europe, and that it would promote ami cable relations, instead of jealousies and warlike prepara tions. If this treaty were successful, and if it were followed up:for a year or two, producing the beneficial effects which were expected to result from it, it would be extremely ad vantageous to this country. To look, however, to this one article of coal, and to insist upon withdrawing that, would naturally excite thejealousy of the manufacturers of France, who would think we meant to aim a fatal blow at their pro sperity. Of coune, in time of war, and between belliger • eats, there would cease to be any question about a treaty. Earl GREY said his own county was very deeply con cerned in coal, and he did not wish to impose any restrictions on its export. Indeed, when he was in the House of Com mons he took an active part in opposing the export duty on coal proposed by Sir Robert Peel, and that duty only con tinued for one year. He trusted circumstances might never arise to make tho interest of this country require that the ex- r port of our coal to France should be prohibited, but he could not look forward with perfect confidence, and he objected to fetter the discretion of the Governments of a future day. But he agreed with his noble friend that the objections to the treaty extended much further, viz., to the whole system of making duties and commercial regulations, which ought to be settled according t 3 our domestic interests, and irrespec tive of the measures adopted by any foreign country. (Hear, hear.) He had no wish to continue any protection to British silk manufacturers, to colonial wine growers, to watchmakers, or to any other interests affected by the treaty. All this pro tection was bad, and ought to be got rid of as soon as pos sible; but he had great doubt whether, looking to the present condition of our finances, tho duty on wine was a tax which ought to be first selected. (Hear, hear.) He was confirmed in that doubt by a very high authority, because he found that Lord J. Russell, in his instructions to Lord Cowley and Mr. Cobden, stated that there wereprior claims for r e li e f, if it were not for what we wer e t o get in return. [Earl GRAN VILLE—Read the despatch.] Lord J. Russell said, " These productions are not of such primary necessity, or of such universal use among the people of the United Kingdom, as to entitle them on these grounds to the first attention of the Government." (Hear, hear.) It therefore appeared that if it were not for the return we got from France the wine duties would not claim the attention of the Government. Again, it seemed that her Majesty's Government were origi • nally in favour of a 10s. duty on French brandy, but now a duty of Ss. 2d. was to be imposed. Nominally the duty on French brandy and the excise duty on British brandy would be equal; but in reality they would not be so. British brandy was made of a totally different substance, and was far less valuable, and therefore to put the same duty on both was in point of fact to impose a differential duty, which would operate against our own production. (Hear, hear.) Pro bably the correspondence which had been moved for would show on what grounds the Government had so recently changed their opinion on this subject. But his main objection was to making these questions a matter of stipu lation with foreign Governments. In the first place it deprived Parliament of its free discretion. When they put these matters in a treaty they debarred Parliament from its right of dealing freely and without being fettered by fore gone conclusions between this country and foreign Govern ments with financial questions as it ought to do, according to its own unbiassed judgment i n reference t oi our own domestic interests. Moreover it was a return to the old vicious principle of making such concessions on each side matters of bargain, which they knew by experience had re sulted in a narrow restrictive system of commercial policy. (Hear, hear.) When we made the reductionof our duties on foreign produce contingent upon what other nations did to admit our produce in return no progress whatever took place in the cause of commercial freedom in Europe ; but, on the other hand, when we abandoned that system, ceased to govern ourselves by the conduct of foreign nations, and simply endeavoured to promote our own interests, from that time commercial freedom made great progress, not only in this country but throughout Europe. (Hear, hear.) The immediate tendency of this treaty would be to confirm the French people in all the prejudices which existed in their mind against England. They would think that the change was to take place not for the benefit of France but for the benefit of British industry —an extremely dangerous feeling. If the opinion of France came to be in favour of commercial freedom, a system of real reform would be speedily estab lished ; but if it remained otherwise, there was little chance of any effectual reform. By this treaty, however, Fiance only made a slight advance in the road of commercial free dom. She retained her whole system of navigation laws; she reduced the duty on our manufactured goods to but 30 per cent., and afterwarde to 25 per cent. ; and the only articles on which she made any considerable reduction were coal and iron, which she wanted ; and for these small con cessions they sacrificed a great principle, and gave rise to all those prejudices which would prevent the people of France adopting a wiser commercial system. No doubt if we had abstained from the treaty and left matters to the operation of the good sense of the French, who would by experience see the beneficial effects of the changes in our commercial policy, we should have had much larger results. If he had not been misinformed, the French Emperor had represented to a high autho rity in France that the country could no longer bear the burden of the enormous expenditure which was necessary to keep up the large establishments which he thought requi site, and at the same time the still heavier burden on her industry in consequence of the taxation in every direction ; and if we had allowed France to do as she thought proper, avoiding any stipulations, he was persuaded much would have been done to establishthat free, direct, and friendly in tercourse with her which was of such inestimable import ance. The course we had taken was the more dangerous be cause a great part of the reductions in the French tariff were not to take effect for a considerable period. We knew from our ewn experience that great changes in the commercial system of a country produced much exaggerated alarm as to the consequences, and ho apprehendedthat until the middle of 1861 there would be great pressure and distress amongst the interests in France going to be deprived of the protec tion they had enjoyed, and that during the whole of that interval the blame of that distress would be thrown on this country. (Hear, hear.) A feeling of irritation would be created in the minds of those people, and he was afraid that somemight go so far as to desire to disturb the treaty by a quarrel. Many of the advocates of peace in France perhaps would be driven into the ranks of the war party which he was afraid always existed in that country. He therefore be lieved that the treaty would be asource of political inconveni ence, but he was told there was a reason for it. It was said that it was necessary to proceed with the treaty, because the opinion of France was so hostile to free trade that even the great power of the Emperor was unable to carry a law re mitting a portion of the existing 'protection through the legislature of France, even constituted as at present. To his mind that was the strongest argument which could be raised against the policy of her Majesty's Government. (" Hear, hear," from the Opposition benches.) He valued commercial freedom very high, but he valued political freedom more highly still. It was most desirable that France should have the benefits of free trade ; but it was not for the interest of France that she should have those benefits forced upon her (Hear.) What were their lord • ships to think of the conduct of a foreign co un t ry w hi c h assisted the Emperor in setting aside and throwing over board the strong and deliberate opinion of France, because the constitution gave him power to by treaty what, in by the the existing state of opinion, he c oul d notcarry (Hear.) direct and proper mode of a new law. t Could o every they man take this course without giving jus t offence in Franco who desired that his country should retain pos session of the smallest fragment of freedom ? If he thought that the treaty would cement the alliance between the two countries, no one would hail it with more delight than him self. He admitted that would be the effect of free trade, but it would not ho the effect of the treaty. The effect of the treaty in his opinion would be to create a feeling of irri tation in France against this country, to postpone the time when a real free trade would be established between the two nations, and to maintain a state of things full of poli tical danger. The Duke of ARGYLL inferred from the speech of the noble earl who made the motion that he was rather fav ae able than otherwise to the general principle of the treaty, though he especially excepted a particular clause with re spect to the export of coal. Ho was, howevir, glad that his noble friend who had just spoken had raised a much wily question on the general principles of the treaty ; not that he thought that this was a convenient opportunity for discus sing them, because he fully admitted that it was not — (hear, hear)—but because he wished to show that a large number of the objections he had taken resulted from a gene ral dislike to the principles on which the treaty was founded. The noble earl was very fond 'of abstract prin ciples, and when he got hold of them he generally rode them to death. He did not complain of that, but he did complain that the noble earl wholly misapprehended the principle on which the treaty was concluded. He denien that the Go vernment had gone back to the old exploded theory of reci procity treaties. The treaty was not an exclusive treaty between us and France, as regarded all those articles upon which it operated. Of course thore was no mention in the treaty of the produce of other nations, but it was distinctly understood that the abolition of duties on French articles should be extended to all articles of the same kind from what ever country they might come. This was an essential differ ence_t from the principle of the old reciprocity treaties. .1 had never been laid down in this country:as an abstract p rinc iple that'll ever under any circumstances ought fiscal changes to be made the subject of commercial treaties because that was con trary to common sense. He was quite sure that the treaty would be speedily favourable to the French people, an d the) they would soon discover the fact. He begged to remind the noble earl of the abstract principle which he contended for in the House of Commons in 1843. The resolutionoflifrefre. Ricardo, which ho then supported, and co nsid ered wa! tw as not expe trade pure et simple, was to the effect that dient that any contemplated remission of importrdeunatiistasisohnotuhlde be postponed, with the view of making su ch basis of commercial relations with other countGrioev%rnw(Heneetrio) Was it not a state of things desirable for any attempt to remedy, when we found that our w bo .hole expertn o n hg . trade through France. a rich and friendly si people, was less than that to our own e col n on el y g of v u ilt ria 1' (Hear, hear.) His noble friend must remember that the raperation now proposed by th e Government was not con fined to the articles included i n the French treaty. Every one of those duties fell natu rall y our way in the course of that fiscal reform which was proposed by the Chancellor of the Exchequer. With regard to the duty upon French brandy, he (the Duke of Argy ll ) was surprised to hear his noble friend quote the case of British brandy R 8 an article which ought to be protected. Brit ish brandy was a counterfeit article, an d yet the noble lord ( Earl Grey) contended we ought to main tain a higher duty on French brandy in order that the bad and inferior stuff made in England should have a protec tion against the French article. That was an argument which surely could not for a moment be maintained. His noble friend would not deny that the proceedings of the French Emperor, according to his own constitu tion, were strictly constitutional. It would have been worse than a puritanical superstition if we had refused to take this great boon, both to the people of England and to the people of France, because it was not the form of proceeding most suited to the political liberty of France. That was a matter we might leave the French Government itself to deal with (Rear, hear.) With reference to the remarks which had rIiST. NICE AND SAVOY, Lord WODEHC,USE laid on the table a return moved for the other even ing of the dates of all the communica tions that had tal:en place relative to the annexation of these two duchietr to the dominions of France. WEIGHTS FOR RACEHORSES. Lord REDESDALE brought in a bill to regulate the weights to be crxried by horses kept for racing purposes. Many of these horses at present were started for certain races carrying ridiculously small weights, such as to clearly prove that th-,..y were not intended for legitimate purposes, but merely ti‘ swell the number of starting horses, and pro mote gambling. A horse that could not carry seven stone was clearly not of much use as a legitimate racehorse; therefore he proposed, supposing their lordships should agree to the passing of his bill, that no hors. carrying less than 71bs. should start for any race. Several Peers exclaimed-71bs. I Lord REDESDALE said he meant 7st. (Laughter.) He thought that was a very moderate weight for a horse to carry. He should not name any day for the second reading, but merely on that occasion content himself with laying the bill on the table, at the same time saying it was one well worthy the attention of their lordships. The bill was then read a first time. ALTERATION IN THE PRAYER-BOOK Lord EBURY moved (as we understood) for a copy of the memorial recently presented to the Archbishop of Can terbury touching the proposed alteratiox in the Prayer book. The LORD CHANCELLOR objected to the notion. There could only be two courses open to the house if they wanted the motion carried—either to address the Crown praying that the Archbishop might be desired to give up the document, or to send the Sergeant at-Arms, as it was proposed that the House of Commons should do in a motion that had been put upon the notice paper of that house, and desire the archbishop to deliver up the paper in the name of their lordships' house. Either of these courses would be highly illegal. Lord BROUGHAM entirely agreed with the noble and learned lord on the woolsack. Whichever of the courses described were followed would be entirely unjustifiable. The Crown had no more right than an officer of that house to demand the production of a book out of the Archbishop's library. The subject then dropped. THE COMMERCIAL TREATY WITH FRANCE. The Earl of AIRLIE moved for copies of any correspon dence (in addition to that presented to Parliament) which may have taken place between her Majesty's Government and her Majesty's Plenipotentiaries iu Paris respecting the negotiation of the treaty of commerce with France. Ho said he had no desire upon the present occasion to raise a discus sion upon the general merits of the commercial treaty be tween France and England which had lately been signed at Paris, nor did he wish to enter into the probable manner in which that treaty would bear upon our financial and commercial system. This subject he had no doubt would be fully debated next week in the other house of Parliament, and he for one had no wish to anticipate that debate. His object on the present occasion was to endeavour to obtain from the Government, if possible, some explanation with re gard to what appeared to him to be one of the most im portant provisions of the treaty, to which, however, no re. ference was made in the correspondence which had already been presented to Parliament. The provision to which he referred was contained in the 11th article of that treaty, which ran as follows: "The two high contracting Powers engage not to prohibit the exportation of coal, and lay no duty on such export." In the correspondence he found two references to coal, and only two. The first was in a de spatch from Lord Cowley to Lord J. Russell, dated Dec. 23, 1859, in which Lord Cowley said Count. Waleweki had called upon him the day before, and stated that he had had a conversation with Mr. Cobden, which was likely to lead to important results, and amongst other arrangements he stated that the French Government might give its consent to the admission of British coal at the same duty as Belgian coal. In this despatch (No. 2) from Lord J. Russell to Lord Cowley and Mr. Cobden, his lordship said, that no great interest was excited in this country as to whether the duty on British coal imported into France was high or low. The treaty was received at the Foreign-office on the 31st of January, and Lord John Russell wrote on the same day acknowledging the receipt of it. Now through out the whole of this correspondence, neither in the erigheal proposition of Count Waleweki, nor in the proposal now fully developed by Lord J. Russell, nor in the despatch of Lord Cowley which accompanied the treaty, nor in the last letter of Lord J. Russell conveying her Majesty 'a satis faction at the arrival of the treaty, was this engagement ever hinted at. It would seem as if they had consented to throw it into the bargain just as if it were a matter of very slight importance. He did not suppose any one would con tend there was any reciprocity in this matter. It was quite true that the treaty applied to both countries, but he did not suppose we should ever find ourselves importing coals from France. He did not wish to lay much stress on the circumstance that by engaging not to impose our export duty on coals we thereby deprived ourselves of raising a revenue from that source. The questisn appeared to him to bear another and a more dangerous aspect. He took it for granted that if there were a coalition of the other mari time powers against this country the struggle would be with steam-vessels. In this country we had left off alto gether constructing sailing vessels, and at a great expense were now constructing steamers. France had been carrying on the same operation, and at one period even more rapidly than ourselves. He believed that all the other maritime powers had done the same thing. It seemed to him that all other things being equal, in any future maritime war the advantage would be with that power which was best sup plied with coal, and which had the power of cutting off the supply from the other countries. That was the position in which it appeared to him this country stood at present, for not only did we possess coals in muck greater quantities than any country in Europe, but it so happened that we possessed that peculiar description of coals which was best adapted to steam navigation, and which went by the name of steam coal. From the greater density of this coal, which was found in South Wales, it could be stowed into a smaller space than the ordinary kind, and from careful experiments which had been made it had been ascer tained that 100 tons of it would go as far as 144 tons of other coal. This kind of coal was not found in large quan tities in Belgium or in Germany. We had the power of pre venting this coal from being exported, and a power which we could exorcise, if expedient, without offence, inasmuch as it was a mere matter of domestic legislation. He would cite one or two instances, by way of illustration of the danger of parting with this power. He would suppose that whilst this treaty was in force France should find herself engaged in war with some country which was in friendly relations with England, we should find France drawing from England a materiel which she used in warfare against a country which might have all our sympathies. It might be, too, that the issue of the war depended to a great extent on naval opera tions, and upon the equipment of steamers, and upon their power of keeping at sea. Again, by this treaty, French merchants might, while we were at war with another coun try, take this coal to neutral ports, from which it might be taken inland to ports that we were blockading. Again, we had treaties with most European powers containing the most favoured nation clause, which would enable them to obtain the coal while we were at war with France. All the facilities which by this treaty were accorded to France were intended to be accorded to other countries. But supposing there was a coalition of the great maritime powers of Europe against this country, as there had been before, up to the very moment that hostilities began the whole of the powers would be enabled to supply themselves with this coal, which might be used in steamers, by which a descent might be made on our shores ; and it might be that the Go vernment of the day might be forced to precipitate the war, by striking the first blow, in order to put an end to this et: te of things. He believed that this treaty, so far from having the effect anticipated from it, would have a directly contrary effect. If he were not very much mistaken, there was one thing of which the people of this country were ex• trernely jealous, and that was anything like tampering with the source of their naval power. What were the words of tho Prime Minister of England a few weeks ago, in answer to a deputation that waited upon him ? Why he said that the very existence of England depended on her preponderance at sea. It had been said by the Chancellor of the Exchequer that the treaty would knit together in the bonds of amity the two great nations whose conflicts had shaken the world, but he (the Earl of Airlie) saw in this provision of it a fearful source of mutual jealousy and discord, and probably of war; and it was in the interests of peace, because he desired in his heart that the alliance of the two nations should be one of friendship between the peoples, as well as the Governments, that he deprecated this provision, and hoped the Govern. ment would use its influence with the Government of France to allow it to be revised. He wakanxious to know at what i t t i m w e u this u p t r n o t p u o n s i a e l a w t e was s , w a t h tl e ; I s b ta e r o ch e noble d, lordb y twhom,the Foreign a d h s o w cretary received information of it, whether it was laid be fore the Cabinet, and what communications upon it took place with Lord Cowley, who did not seem to have been consulted about the making of this treaty. Lord WODEHOUSE said there was no objection to the motion, but he did not think the papers asked for would I had taken part in give With ..n a o r b d le ta fri L e o n r d d a c ll o t w h l e e d y: t h i e ile c d ar i t n a f i o n n y nation he required. the treat's , as our ambassador at Paris, but it was notorious enough that the treaty was principally negotiated by Mr. e C l o a b v d en en th . a T rt he iela no o la f le lord had d the treaty, b w y e w lt h a t t ol g t re w a length on the eleventh engagenottoe Prohibit the expoi cation of coal to Fr a nce , and nut to lay on an export duty. But it was now fully admitted to be not at all desirable to lay an export duty on coal ; it had been at tempted, and was then laid aside by general consent. There was another clause of the treaty, the nineteenth, or "most favoured nation" clause, by which we engaged that there should be no prohibition of the export of any article to France which was not prohibited to be exported to any ether country. In spite, therefore, of the noble lord's picture of the terrible effects of allowing our coal to be imported into France, the export of it could not have bee n p ro hibit e d b y us without at the same thne prohibiting its export to every other foreign country, and such a measure of general pro hibition the Government would have been very loth to adopt. The noble lord had spoken of the dan ger and inconvenience to this country of not being able to prohibit the exportation of coal to France in case of impending war. But it seemed to him that if we were (which he trusted for many long years to come we should not be) in such a position with regard to France, that it was necessary to prohibit the export of coal lest it should be employed for hostile purposes against ourselves then such a measure would he adopted by the Government of the day on their own responsibility, whether this clause in the com mercial treaty existed or not, and then the mere fact of this clause being set aside under such circumstances would searcely add anything to the angry relations between the two countries. As for reserving the use of our steam coal entirely for our own navy, we could venting its export for any purposes. Bountlyttdowatshaatnbyartpireele u Englishe manufacturers j of great importance to the French manufsaectoufr,erws,haenndthonee which they fairly expected to have th wore admitting the competition of in the French market. considered o i s f was wh t an one sided were reat though he did not deny that some years l'he tr E ea a t r y l , o t f h H e given to France, great R D immediateV I C E E advantages protested against the_ pe hence witwithout o Englandutmightciti it. e ob el t a a u in se a b d y v w an h t t a e g h e m s ,e fr w om ereb oun H d e , s retractiug that condition, to give away our coal, ression or for defence. There was no country for egg w hich he regarded as the great power of this their claret and silk against our coal, It ifFrance.were t d to be at war observed also, that if we happened should be t h e power' also o hen neutral, France with equality ituisnoiasiettaningd been made in regard to coal he felt bound to say that he had found, in private conversations with many persons, a consi derable fear and jealousy against that portion of the treaty. This fact marked the great sensitiveness of the public mind upon any question which might affect the naval power of Britain; but he trusted the able explanation given by the Secretary of State for Foreign Affairs would rectify all mis understanding on the subject. The duty which had been put on coal in the year 1812 turned out a disastrous and almost a discreditable failure as regarded revenue purposes, and during the whole time it was imposed his noble friend (Earl Grey) had been the strenuous opponent of that duty, and had successfully shown it was wrong in principle and imposed material restrictions upon an important trade. he 1845 the duty was withdrawn by Sir R. Peel, who, in doing so, said that he thought it was an important principle to lay down, that with regard to exports there should be no duty established. With regard to the question of prohibition altogether, in case of war, it had been already stated that in truth the only effect of this clause of the treaty was to put France in precisely the same relation to us with regard to the export of coal that all other European nations now were, and be (the noble duke) apprehended it would have no other effect whatever. With respect to the case of contemplated war, which had also been referred to, he must say the tone of this discussion had shown that mile lords were not aware of the enormous interests of this country which de pended on the export of coal. In 1842, when . Sir Robert Peel put the ear ort duty on coal, our export of coal to the vrhole world fell short of a million and a half tons. What had been the increase of that trade since the duty was taken off? Our export of coal to the whole world now, instead of being one million and a half tone, was very little short of seven million tons, nearly £3,000,e00 sterling. He thought this was not a trade which any Government would dare to interfere with, except under circumstances of extreme poli tical danger. in such a case we should of course be justi=" fled in taking any measures which would avail for our own protectien. It was not merely the coal-owners and pro ducers who were interested in this export trade, there was also the British shipping. (Hear.) He hoped the house and the public would see that except so far as this clause was open to all the abstract objections which might be taken to the other clauses of the treaty, it was one about which there need be no public alarm or anxiety whatever. He rather looked on this clause as one of considerable im portance, taking into consideration the general objects of the trade Noble lords had talked about coal as if it were only used for the purpose of war, but it was much more valuable for manufacturing and other commercial pur poses—(hear, hear)—and nothing could be more desirable than that a great interest should rise up in 'France depen dent on England for coal. We should then, as regarded the export of coal, have relations with France approaching to the same which now existed between the English people and the United States as regarded the article of cotton. He was convinced that the fact of the people of this country depending so much on the supply of Ameri can cotton, and the American people depending so much on British manufactures was one of the most powerful causes in operation to prevent causeless irritation expanding into a state of war, and he c ou ld no t b u t thi n k t h e treaty under discussion would be followed by the growth of a better feel ing between this country and France. (Hear.) Lord STANLEY of ALDERLEY said that he believed the reason why commercial treaties were objected to by Sir Robert Peel and by the best friends of political economy was, that they tied our hands; and he, for one, should cer tainly object to our entering into engagements by which our hands would be tied for ten years. He would not enter into the general questions concerned in the present treaty, but he must say there were two articles in it which in vo l ve d matters of the deepest importance. In the first case France declared that over and above these duties she maintained her right to levy any differential duties she chose upon English shipping entering French ports. He thought that when we were giving up so much to France great exertions ought to be made to alter those stringent laws to which our shipping interest so much objected. He also objected to Art. 11, which he thought was vague and unsatisfactory in its wording. Coal in time of peace was a necessary element fn all manufactures, but in time of war it was a munition of war as much as gunpowder. It was true that during the late war some doubts existed whether coal could fairly be considered a munition of war, but last year had shown that the whole of the naval marine of any country must be entirely dependent on coal. The noble duke had said that the great bond of peace would be to make France depen dent on Englaad for coal ; but for the purposes of manu factures Belgian coal was as good as English coal, and the latter only became of its greater importance for purposes of war. (Hear, hear.) Suppoeing we were about to go to war with Russia. She possessed no coal of her own, and was therefore entirely dependent on foreign countries for a supply. By Article 11 of the treaty France would be entitled to take our coal wherever she pleased, and we could not prevent her. French ships might come to Swansea and get the Welsh coal, and go to Prussian ports, from whence tho article could easily be conveyed by railway into Russia. What he principally objected to was our entering into a po sitive engagement, from which we could not escape, no matter what the emergency might he. He thought it was against all sound policy for us, with our eyes open, to fetter ourselves with an engagement which could not be beneficial to any British interest, or even beneficial to any French in terest, except in case of war. He trusted the Govemanzent would take these matters into their serious consiaration. Earl GRANVILLE said it was perfectly clear and obvi ous that no government of this country would, within the next 10 years, propose an export duty on coal, It was quits clear that this was a peace treaty, which would be at once superseded the momedt war was declared. In the Russian war we had prohibited the exportation of coals to all coun tries north of Dantzic, although these countries had most favoured nation treaties. If France went to war within; and. required our coals, it would be our right to prevent her get ting them, on the ground that they were munitions of war. Besides, did any noble lord think that a rich country like France would leave herself at the commencement of a war without a plentiful supply of coal ? She could get coal from Belgium, and her director general of mines, a man of great scientific attainments, had recently reported his opinion that plenty of steam coal might be got at home. With regard to the troaty generally, it was quite according to the principles of the late Sir R. Peel, and if it were wrong he would ra ther err with such men as Sir R. Peel than agree with either of the noble lords. The Earl of AIRLIE, inai-eply, pointed out that the con cession given to France respecting coal was absolute, and doubted whether there was any reasonable prospect of a supply of coal in that country. Motion agreed to. Their lordships then adjourned. HOUSE OF COMMONS—(YESTERDAY.) The SPEAKER took the chair at four o'clock: PRIVATE BUSINESS. The following bills were read a second time :—Hayling Railways and Harbour; Dublin Corporation Water; and Leeds Township. Several private bills were read a first time. PETITIONS. _ Several petitions were presented against church rates, flogging in the army and navy, and from ladies against legalising marriage with a . deceased wife's sister.: HOP DUTIES. Mr. MUNDY gavo notice of his intention to ask the Chancellor of the Exchequer whether it is intended to take off the duty immediately on hops, or whether it was in tended to allow the advantages of the bonding to continue ? THE REFORM BILL. Lord J. RUSSELL - gave notice that on Thursday, the let of March, he would bring forward a Bill to &mead the representation of the people of England and Wales. (Hear, hear.) DR. BRODIE. Mr. MAGUIR E moved for a copy of report made to the commissioners for administering the laws for the relief of the poor in Ireland, by their inspector Dr. Brodie, on evi dence taken before him in the investigati on held in the months of November and December, 1859, in respect to certain charges brought against Dr. Browne, the medical officer of the Galway union workhouse • and for all corre spondence on said subject between Dr. Brodie and the Cora- Issioners .—Ordered. FRENCH NAVIGATION TREATY. Mr. LIDDELL moved an address far copies of an Impe rial decree dated the 10th of May, 1851, and signed by the Emperor of the French, granting certain relaxations in the treaty of_navigation concluded in January, 1826, between England and France ; and of certain correspondence re lating thereto.—Ordered. ANCHORS COMMISSION (1861.) Sir J. ELPHINSTONE moved that the report of the commission on anchors (1851) be referred to the committee en anchors and chain cables for the mercantile marine.— Ordered. OUR FOREIGN RELATIONS. Sir R. PEEL asked the Secretary of State for Foreign Affairs whether her Majesty's Government have any objec tion to state the nature of the communications which have passed between the Sardinian and British Govern ments, with respect to the cession of a portion of the Sardinian territory to France; and also, whether her Majesty's Government have had occasion to communieate to the French Government the opinion entertained by other Powers on this subject; and whether, in the event of the annexation of Savoy to Franco being effected, her Majesty's Government are prepared to abandon the neutrality of Swit zerland, as guaranteed by Great Britain, in common with other European Powers ? Lord J. RUSSELL, who was very imperfectly heard, was understood to say that, as regarded Sardinia, a eornmun cation had been received from the Government of that country, to the effect that it was not intended to cede any of the Sardinian territory to France. Up to the present time there had been no official communication with France on this subject. Her Majesty's Government proposed to act in the same way with reference to Switzerland, that other countries had resolved to do under the condition in question. He had entertained some apprehension that Switzerland, under the circumstances, would have been tempted to act in a spirit of aggrandisement, but he had re ceived assurances to the contrary. (Hear, hear.) In reply to Mr. FITZGERALD, esll h i: lit he Lord J. RUSSEL L said th at the Gov ernmentlltio ceived no of fi cial information with respect to the a vl e r : of France relative to th e annexation in q uestion; understood it had been communicated by the Gover nmen t l o a f tte F r ra k n in ce gd t o o m Sardinia, that increased if in th ceontrrenrle of the the addition of a portion of Central Italy, then Frame would not consider her frontier sufficiently secure unless she ob tained the annexation of the provinces alluded to by the hon. baronet (Sir It. Peel). THE TROOPS OF THE KING OF NAPLES. Lord It. MONTAGU asked the Secretary of . State for Foreign Affairs whether her Majesty's Government had received any comm Two Sicilies, u n i c a tion from the Governm en t o f the n complaining trying ry t i h n a g t t a o g agents excitea of the m I in r nm e the il t of Sardinia hav e troops of the King of Naples. Lord J. RUSSELL—We have no information of the kind, nor has the Government of the Two Sicilies made any such representation. At the same tiros I should tell the noble lord that the Government of the two Sicilies is very ready to make complaints of plots at id conspiracies. Some time ago we received a complaint res pecting several British officers ; we inquired into it, and foi Ind the facts to bo that an officer going to call upon a lady ; b ought at a pastry-cook's a cake which was said to have. a flag upon it having three colours, and the GovernzrLent. of the Two Sicilies complained of this as an attempt to .ite insurrec tion. (Great laughter.) EXCESSSIVE PUNISIIBMST Mr. FREElliiii - asked the Secretw.y .of Mate for the Home Department, whether the attention of her Majesty's Government has been called to the case o f an a cricaturai labourer in Hertfordshire, who, having .b een. prev i ous l y con victed for stealing rabbits, was said ' to have been sen tenced by the magistrates of that coot q ty to th rep years' ~.