The Sun. — London, England, 1848-12-27 00:00:00

• MR - . AINSWORTH'S NEW ROMANCE. Now ready, at all thu Libraries, in 3 vols., HE LANCASHIRE 'WITCHES. JJLL By W. HARRISON AINSWORTH, Esq. Henry Colbuni, publisher, 13, Great Marlborough-street. Now ready, In 2 vols., 21s. bound, SAM SLICK'S XEIV'WORK, TUE OLD JUDGE ; Or, Life in a Colony. By the Author of " Sam Slick, the Clockmaker," &c. Henry Colburn, Publisher, 13, Great Marlborough-street. Just published, in 2 vo:s. post Bvo., pri c e 165., pICTURES from REVOLUTIONARY PARIS. Sketched during the First Phases of the Revolution of 1848. By PALGRAVE SIMPSON, Esq., 31. A., Author of "Letters from the Danube," " Gisela," &c. -William Blackwood and Sons, Edinburgh and Londoa. In 3 vols. post BTo., with Illustrations by George Cruikshank and Leech, price 31s. 6d. bound, T HE INGOLDSBY LEGENDS; Or, MIRTH and MARVELS. By THOMAS INGOLDSBY. "Abundant In humour, observation, fancy ; in extens!ve know ledge of books and men ; in palpable hits of character, exquisite grave irony, and the most whimsical inaulgences of point and epigram ; we doubt if even Butler beats the author of these Legends in the easy drsllery of verse. We cannot open a page of the book that is not Sparkling with its wit and humour, that is not ringing with its strokes of pleasantry and satire."—Examiner. The Third Volume may be had separately to complete sets. Richard Bentley, New Burlington-street, (Publisher in Ordinary to her Majesty). THE EDINBURGH REVIEW, No. CLX.X.I.X., will be published on Wednesday next, CONTESTS :- 1 3lablllon. The French Benedictines. 2. The Patent Journal. The Progress of Mechanical Invention. 3. Charles Vernon. A Transatlantic Tale. 4. Mignet aed Grimblot. Diplomacy of Louis XIV. and Wil liam 111. 5. The Bishop of Exeter and Mr. Shore. The Indelibility of Holy Orders. 6. Kemble's Saxons in England. 7. The Punjaub. 8. Relief of Irish Distress. 9. Lord Melbourne. London Longman and Co. Edinburgh : A. and C. Black. THEATRE ROYAL, HAYMARKET. Mr. B. Webster, Sole Lessee and Manager, Old Brompton. The public is respectfully informed that this Theatre has, during the recess, undergone very extensive repairs amid alterations and the whole re-decorated. THIS EVENING. Will be performed the Tragedy of THE GAMESTER. Beverley, Mr. Charles Kean ; Mrs. Beverley, Mrs. Charles Kean. After which, an Arabian Night's Entertainment, entitled CAMARALZAMAN AND BADOURA ; or, The Peri who Loved the Prince. Characters by Messrs. Bland, Keeley, Mrs. Keeley, .31us Horton, and Miss Reynolds. To conclude with a new Farce, entitled TOUR LIFE'S IN DANGER. THEATRE ROYAL, ADELPHL rnder the direction of Madame Celeste. Miring the Recess this Theatre has been entirely re-decorated, the original designs by Digby Wyatt, Est, executed by Mr. Sang. A new Stage, Curtain, Act Drop, and Chandelier. An approved sys tem of Ventilation, &c., &c. The Private Boxes enlarged, Backs added to the Seats, and Stalls rendered more comfortable. THIS EVENDTG Will be performed a new Drama, founded on Mr. Dickens's Christ mai Book, entitled THE HAUNTED MAN. Mr. Redlaw, Mr. Hughes: the Phantom, Mr. 0. Smith ; A. Tetterby and C. , Mr. Wright; the Boy, Miss E. Chaplin; filly, Miss Woolgar ; Mrs. Tet terby, Mrs. F. Matthews. TO be followed by THE ENCHANTED ISLE. Alonzo, Mr. Paul Bedford ; Prospero, Mr. 0. Smith ; Ariel, Madame Celeste. Te conclude with a new Farce called SLASEIER AND CRASHER. Mr. Slagher, Mr. Wright; Mr. Crasher, Mr. Paul Bedford. ROYAL LYCs.T.IM TIIEAT KE. Under the Management of 3ladamz Vestria. ole Lessee, Mr. Charles 24 **he Ns. THIS EVENIN,- Will be performed A PECULIAR POSITION. After which, a new Fairy Extravaganza, entitled THE KING OF THE PEACOCKS. Characters by Messrs. Harley, John Reeve, Selby, H. Hal', Marshall, and H. Marshall ; Miss Kathleen Fitzwil llam, Miss L. Howard, Mrs. Macnamara, 31Iss Marshall, Miss L. Marshall, Miss Coleman, and 3ladame Vestris. To conclude with AN APPEAL TO THE PUBLIC. Dress Roxes, ss. ; Upper Boxes, :s ; Pit, 2 ; Gallery, Is. No half-price to any part of the house. The New Box-office, No. 2, Wellington• she is open to the public every day, from Ten till Six. PRINCESS'S THEATL.E. Mr. J. M. Maddox, Sole Lessee and Manager. • During the Recess this Theatre has been re-decorated and embel lished in a superb and costly manner ty Mr. Hurwitz. A new Chan delier has been dtted, and the best arran meats have been made for the due Ventilation of the Theatre, and the coutiort and convenience of the audience. THIS EVENING, Will be performed a new Hailed Opera, entitled ROBIN GOOD FELLOW. To conclude with a new grand Pantomime, entitled BL . UFF KING HAL ; or, Harlequin and the Charmed Arrow. ST. JAMES'S THEATRE. DUMBOLTON'S SERENADERS, This celebrated Troupe, whose performances hare excited univer sal admiration throughout the United States, will repeat a short Series of their popular ETHIOPIAN ENTERTAINMENT at the above Theatre TIIIS EVENING, and Friday Evening. The Programme will include a variety of original Songs, Glees, &e., entirely new to this country. Doors open at Eight. Mr. ROBERT-HOUDIN will repeat his SOIREES FANTAS TIQUES TO-MORROW and on Saturday. The Programme will include numerous experiments entirely new. Coors open at Eight. Boxes and Stalls may be secured at Mr. Mitchell's Royal Library, 33, Old Bond-street ; and at the Box-office. ASTLEY'S ROYAL AMPHITHEATRE. Proprietor, Mr. W. Batty. Under the Patronage of her Majesty the Queen, his Royal Highness Prince Albert, &c. Novelties for Christmas Holidays most astounding in the Metropolis. —A gorgeous Spectacle.—Brilliant Scenes of the Arena.—Tho Arabs in their wondrous Performances.—A new comic Pantomime. THIS EVENING, The curtain will rise at Seven o'clock precisely to the magnificent S'yoctaele of the WARS OF THE JEWS ; or, Tt.e Fall of Jerusalem. To be followed by an inimita',le display of SCENES IN THE CIRCLE, supported by the first Equestrian talent of the day. To conclude with a new Equestrian Pantomime, entitled BOLD ROBIN HOOD ; or, The Pretty White Horse anti Enchanted Prin cess of Sherwood Forest. The Celebrated ARABS will appear. 80.5.-ofce open frcm Eleven till Five. Stage Manager, Mr. W. West. TO CORRESPONDEIVES. N) communication can be attended to unless authexti. cated by the name and address of the writer. tleieeted communications cannot In returned. THE WEATHER.—SUN OFFICE, DECEMBER 27. TIIERIIO3IETER, Lowest, 41; Highest, 48; Noon, 47 BARCXETEE, 30.17. WIND W.S.W.; fine weather. HIGH WATER AT LONDON BRIDGE THIS DAY. Morning .. 54 Erin. after 2 Evening .. 11 rain. after 3 io:nin aint LONDON, WEDNESDAY, DECEJBER 27, 1848. Germany aspires to a social and political regenera tion. To accomplish this the more effectually throughout its forty independent principalities, the Germans have adopted, as the basis of their scheme of improvement, the mechanism of the old Germanic empire. The Imperial city of Frankfort-on•the- Maine has become the rendezvous of the representa tives of the different states; and the responsibility of consolidating the democratic institutions of fatherland bas been confided to the national Parliament. Italy in like manner is sanguine as to the acquire ment of the prerogatives of her independence. Out of the six important divisions into which their penin sula is partitioned, the Italians are secretly desirous of evoking a spirit of patriotism such as will lead to their amalgamation into one superb and concrete nationality. The centre of this prospective system is according to the hopes o f M Azzim —Rome. Rome,, so long the mistress of the world ! Rome, the metro polis of the Catholic religion ! Rome, the second city of the Napoleonian empire ! and now the seat of a blood -stained and usurping Government ! Spain also looks forward, earnestly and hopefully , to the period i n w hi c h s h e may regain her political liberties (of l a t e so gr i evously filched from her popu lation), and her social advancement (recently re tarded so miserably by the debaucheries of a licen tious Administration)! The aspirati ons as well as the anguish of the Spaniards are directed towards the palace of Madrid, where they anticipate the downfal of the dictatorship of NARVAEZ, and the expulsion of the paramours of the SOVEREIGN. At a time so pregnant with the destinies of these three great countries—Germany, Italy, and Spain_ it were well if some intelligent and disinterested patriots, representing the opinions of their respective countrymen, would enable us to acquire some accu rate knowledge of the wishes of the three communi ties. Unfortunately, we have no means of obtaining any such information as to the views of the German multitude, beyond the incidental remarks articulated from the tribune of the Diet as3embled in St. Paul's Church at Frankfort —remarks which are deprived, in a great measure, of any value, by the reflection that they are too frequently the mere ebullitions of a momentary excitement caused by oratorical enthusiasm. With reference to the na tional desires of the Italians and the Spaniards, we are happily in a very different situation. A patriot of each of these great countries has ;spoken out fully, boldly, and eloquently. Their voices are charac terised, moreover, as much by sincerity as by ear nestness. They speak from no sentiment of parti- zanship, but from a manly independence of thought— sua..4 elirlances the importance of their revelations. Tiginxe— au, avowed Republican, and the other an a l eUewledged Progressista—they are, nevertheless • rip aced to aid in th e e l evat i on o f th e i r fellow , 1"-dcirizOns, even though, in the very act of that eleva -14;e1: the one may wit ness th e di ss i pa ti on Of 110 tepublicaa (imams and the other assist the: dispersion of his party. Don GUGLIELMO YErn is the exponent of the of the Italians, and his exposition is con. . .....,:..7 ,il.OO. vvtit-m." 4 1 ,- I A- 41 ,1 ~L ~-,„ '11 ? i - - , ;•,..irs-•„, .;94111101t0 :' '''' k, '''''4P'1..14,7,7,'7,- 4 , 4 4 ,6 4 • isAei rl ',6 ,. , ,-,r1,,1%,•••,„ THE SUN, LONDON, veyed through the medium of his own enthralling biography.* DON VICENTE M. DE PEREDA is the exponent of the aspirations of the Spaniards, and his exposition is embodied in the form of a brief but ad mirably-digested pamphlet.t On a future occasion we shall revert to the more voluminous work of the Neapolitan General; at present our observations must be restricted to the brochure of the Progressista. Before entering upon the consideration—first, of the situation of his country ; and, secondly, of the national aspirations of the Spaniards, DON VICENTE, in a few introductory paragraphs, alludes to the cir cumstances under which his pamphlet is composed- His love of liberty, he says, is a love vehement and instinctive ; and he does not hesitate even to declare that his sense of the ruin and degradation of his country is so profound, that he is prepared to yearn even for the establishment of a despotism, sup posing that that despotism were the necessary condi tion by which the nation might emerge from the execrable alternative of the factions which in tarns effect its oppression and its impoverishment. " La ruina y degradacion en que veo postrado d mi pais," he says, "me haria desear aun el despotismo, si el des potism° fuera condicion necesaria para salir de la odiosa alternativa de facciones que por turno nos opri men y empobrecen." In speaking thus emphatically, however, he implies, by the phrase " a despotism," a strong, irresponsible, and beneficent Government, not " a despotism at once oppressive and turbulent — tyrannical in its dominion and anarchical in its insta bility : despotismo, opresivo y turbulento—tyninico en su dominio, y:andrquico en su instabilidad." No expression could have been selected, either from the language of SHAKSPERE, or from that of CALDERON, which would more felicitously define the character of the'arbitrary authority at this pre. sent moment dominant at Madrid—" a despotism at once oppressive and turbulent—tyrannical in its do minion, and anarchical in its instability 1 " For the suppression of this odious Administration, the only effectual means, in the estimation of the pamphleteer, is the organization of that "national party" which he has already so well and energetically defined. Speaking of the degeneracy of the present rulers of his country, Don VICENTE DE PEREDA asks : " From what has a position of so much degradation emanated ? Why does the nation endure a Govern ment which thus oppresses and vitiates it ? Has the Spanish people, then, lost its former elevation of cha racter, its valour, and its national pride ? How can it tolerate a tyranny so base and contemptible ? How does it come to :pass that affairs have fallen into a situation so insignificant, so anomalous, so antago nistic to the national sentiments ? "—P. 9. The answers to these interrogatories are only too obvious. The degradation has emanated from the disunion of parties. The nation has submitted to the despotism of the Duke of VALENCIA and to the corruption of the Duchess DE RIANZARES, because, without relying confidently upon its own innate energies, it has per mitted the pernicious system of foreign interference —a system which ultimately gave rise to the formid able faction of the Afrancesadoes. The Spanish people have not, in truth, lost their elevation of character, but they have allowed that character to be insulted with impunity, they have forgotten for a while the instincts of their pride and the excitations of their valour. Base and contemptible though the tyranny of NARVAEZ has been, the Spaniards have proved themselves culpable by the apathy with which they have witnessed a Prince of the Orleans dynasty en tering the Peninsula under the protection of cannon and dragoons, marrying the INFANTA almost by vio lence, and in this manner forcing upon the throne a foreign and prospective dynasty, in violation of the Treaty of Utrecht, and solely for the emolument of the depraved wife of Musioz. Such are the reflec tions which must force themselves bitterly upon the mind of every honest-hearted Spaniard, overwhelm. ing him with a confusion of sentiments only com• parable to that of the unfortunate Portuguese who in the intrigues of the CABIALS, have beheld a re , li zation of the fantastic picture of the poet " The puzzling sons of party next appear, In dark cabals and nightly junto's met, And now they whisper close, now shrugging, rear i Th' important shoulder ; then, as f to got New light, their twinkling eyes aro inward set. No sooner Lucifer recalls affairs Than forth they various rush in mighty fret ; When lo ! push'd up to power, and crowned their cares, In comes another set, and kicketh them down stairs." Without prejudging the merits of the question now at issue in the Spanish peninsula, the people of Eng land should listen to the voices of those who express the opinions, not of individuals, but of millions— voices such as those of ESCO:i.URA and of OLOZAGA .den tified with the same class of politicians, that class which aspires with sincerity to raise the nations: chlraeter of the Spaniards to its preper elevation among the peoples of Christendom, DON VICENTE DE PEREDA. has a right to claim from all unprejudiced intellects the attention due to the misfortunes of a noble, unoffending and abused race—and such misfor tunes of a race thus noble, thus unoffending, and thus abused form the theme of the pamphlet to which we have referred. This is surely not exactly the moment in which to treat the misconduct of a debauched Court, or the misdeeds of an execrable Administration with any fribbling delicacy—when we find our Ambassador dismissed with insults more gross than are elsewhere to be discovered in all the records of either ancient or modern history. If ever a nation merited the respect and gratitude of a foreign Government, that nation is Great Britain, and that foreign Government is the Government of Queen ISABELLA. For it was through the English blood that was shed, and the English money that was ex pended, and the English energies that were called _ _ _ into play for her defence, that the daughter of FEE DLNAND VII. was enabled to wear the crown o, Pauli , . And yet it is England alone that ISABELLA has treated with contumely, it is the English Ambas sador alone that ISABELLA has driven from the shores of Spin, it is the English multitude alone that ISABELLA has most shamefully and flagitiously de- - - 'rauded I These are reasons, enow, in all con- science, why we should not affect any frivolous feelings of delicacy. Let the Spanish bond- holders, moreover, rest assured of this, that Viscount PALMERSTON is not the man to yield one iota of their claims, to submit in any one parti cular to the insolence of an ungrateful Sovereign and of an ungracious Cabinet, or to abate one jot of the dignity of tbat great country, the maintenance of whose glory and reputation he has so often shown himielf to regard as the loftiest object of his ambition, both as a statesman and as a diplomatist. Let the Spanish bondholders, we say, rest assured of this ! • - - _ . And let some one amongst the numerous patriots of Spain answer that question which has been so fre- quently put to ourselves by our private correspondents —Whether the Conde DE MONTEMOLIN, in the event of any dynastic change at Madrid, would be pre pared to recognise the claims of the English creditors upon the Spanish Exchequer ? In addition to the total abolition of the Excise establishment—with the exception of the duties on malt and Briti s h sp i r it s, w hi c h s h ould b e transferred to the Customs—Mr. MACGREGOR suggests other reducti ons of a very important character. In the Customs he proposes the total abolition of the entire tobacco, distilled spirits, daties, sav e on items, that is to say) on tea, sugar and cwaisns wines, s s : coffee d r ied afnrduitsc,ocaonati spices. The remaining should be admitted duty free, and a considerarblieles sp.igrihttsma, principall ex i penditure would be thereby saved in the collectioen amount heretofore obtained from fact, the aggregate scarcely worth the trouble and ex these sources was A most vexatious and annoying creasnssoef i of collecti on . thus henceforward be complet e l y got ridmp of will will the great principles of free trade will be materiall y ,a" moted and advanced. Indeed, the doctrine aava nce pro. by Mr. MACGREGOR, " that no arti c l e should be d taxed with reference to its origin," o r , i n other words, that duties should be levied merely for fiscal purposes, and not for the sake of protection, embodies in itself the entire creed of the free-traders. ___ We next come to the assessed taxes, which, al though of a direct character, are so partial and op pressive in their operation, and so objectionable in many particulars, that we hail with the utmost de light the proposition of Mr. MACGREGOR to abolish them altogether, with one single exception, viz., the * " Memoirs of General Pepe. Written by himself." 3 vols. 8vo.: Bentley, London, 1848. f" La Situation contra El Des‘o Nacional. Por Don Vicente M. De Pereda," pp. 46, 8vo.; Dalton, Loudon, 1848, unredeemed land tax. There are obvious reasons why this latter tax should still be retained. Its repeal would, to a certain extent at least, subject the Legis lature to the charge of a breach of faith towards those who redeemed their own land tax by paying large sums of money into the national ex chequer. The persons who did not choose to avail themselves of the facilities that ' existed for freeing themselves of this burden, could scarcely hope that so great a boon could be granted as a reward for their negligence and apathy. The net amount of the unredeemed land tax produces 1,139,1481 ; the other assessed taxes, amounting in the whole to 8,245,9191., should, according to Mr. MACGREGOR'S views, be struck off altogether, as he considers them to be " not only inquisitorial and grievous in the collection, but exceedingly injurious in their operation, being detrimental to industry and to the employment of artizans, and the labouring classes." The truth of the above statement will be unhesitatingly admitted by every householder, so far as the taxes on light and air are concern( d, the objections to which are forcibly set forth by Mr. MACGREGOR, in the following " Reasons for their Abolition :"—" Being inquisitorial and vexatious in the assessment and collection—injurious to the health of the population; being objectionable as regards archi tecture, cleanliness, and restricting the employment in glass, manufactures, of joinerswho make window frames, of glaziers and painters, and being a tax unequal in its assessment, as large houses do not re quire the same number of windows, in proportion to rents, as small and middle-sized houses." The other items, however, are not less detrimental to the com munity, although their injurious character may not be quite so apparent at first sight. Thus, for instance, the tax on servants, which realises about 200,0001. per annum, and against which Mr. MACGRSGOR adduces the following reasons, viz.—" Being a tax which limits the giving employment to servants, and by their not being employed, the occupation of others is limited, as cloth merchants, tailors, hatters, shoe-makers, &c., for their clothing," &c. He also adds, most truly, " Every limitation of employment, whether of ser vants or others, limits industry and increases the poor-rates." In place, therefore, of this tax pressing exclusively on wealthy persons, who can afford to pay for the luxury, it really operates against those who are seeking to support themselves by their honest industry, and against the various tradesmen whose business would be extended by the additional demand created if this fiscal impediment were • removed. Again, the tax on carriages is supposed to affect the rich exclusively, and it is said that the amount collected (about 428,0001.), does not in any manner affect the poorer classes ; Mr. MACGREGOR, how. ever, shows that the " tax is grievous, as it limits to a most injurious extent the employment of artizans and workmen. The great proportion of the value of carriages, of whatever description, and their appurtenances, being the labour and skill of coach-builders, coach spring-makers, coach-smiths, curriers, cloth-manufacturers, coach painters and glaziers, harness-makers, saddlers, &c. The employ ment of carriages creates also employment for coach men, servants, and horses, Sze." Equally cogent reasons are adduced for the removal of the other taxes. Some are most inequitable, as where certain dealers are taxed exclusively for liberty to carry on their trade or business. The assertion " that the most convenient adjustment would be to abolish them altogether, and to substitute a direct tax upon the profits of all realised property" is thus fully borne out. In the stamp duties, which are so unequally assessed, the smaller operations paying at least ten times the amount of the larger, Mr. bIACGREGOR advocates "an equitable adjustment of the entire?' Ile also, as we have already stated, proposes the abolition of the stamp duties upon fire and marine assurances, which produce about 1,250,000/. annually. The reasons for their repeal are, as usual► perfectly conclusive :—" The stamp duty upon fir e insurances (he says) is annually about double the amount charged for insuring property. This high duty not only greatly prevents the insuring of pro perty, but property not insured is frequently exposed to danger by the firemen with their engines not exerting themselves to extinguish uninsured property, as they are directed by the company who pay them to take care, in the first place, to preserve the property insured." And again he says, "On marine insurances the stamp duty is so heavy and pernicious that a great part of the insurances which would otherwise be effected in England are made at Antwerp, Rotter dam, Amsterdam, and Hamburgh." There are sufficient reasons adduc ed against most of the other duties, but as the approach to a system of direct taxation exclusively must be gradual, Mr. Max. GREGOR does not press for their immediate abolition. In the Post-office Department Mr. MACGREGOR asserts, " that as the Government should never pos- sess a monopoly of trade, the Post-office charges should be regulated, not with a view to revenue. but to the purposes of covering all the expenses re quired to convey letters and intelligence with security and with rapidity." We have th us placed the views of those eminent financial reformers before the public, and, as we have already stated, we prefer the sug gestions of the Hon. Member for Glasgow, not only because they were first put forward, and probably formed the basis on which Mr. COBDEN framed his budget, but as being more comprehensive in the details, and leading progressively to a better system of imposts, when " the annual rent or profit of property would form the whole amount of equitable taxation, levied upon all that could equitably constitute the WHOLE NATIONAL INCOME ;" everything that is found injurious and oppressive will be struck off in time, and the hiatus supplied by a direct property-tax ; while Mr. COBDEN still allows the unjust and iniquitous system of indirect taxation to prevail, and only seeks to relieve in dustry—to promote employment—and to extend the principles of free trade, by the amounts which can be _ _ saved from the national expenditure. We, therefore, believe that Mr. MACGREGOR has put forward more statesmanlike views, which will find greater favour with the:great body of the people—with all those who are dependent on their daily labour for their daily bread. Mr. MAcintaGoa also makes an important sug gestion on the subject of currency, by proposing to save the interest of Exchequer-bills "by the Exchequer-bill o f fice issuing paper not searing in terest, but being at all times a legal tender—as much so as Bank of England notes are now." This is too important a subject to discuss at the end of an article, but the opinions of the Member for Glasgow on this point contrast most favourably with those of the Member for the West Rid ing, who sustained by his votes, the Act of 1844, and the monetary policy of Sir R. PEEL and Sir CHARLES WOOD, in the se veral divisions in the Committee on Commercial Dis tress, and arrayed himself in opposition to the tried and veteran Reformer, JosErH HUME, in supporting the report that was ultimately agreed to by a majority of two only, the vote of RICHARD COBDEN thus turning the scale which would otherwise hare been equally balanced. ISIDLLE. JENNY LIND AND THE TOXTETH Hos- PITAL.—What a glorious creature is Jenny Lind! Though she can obtain thousands of pounds by the ex ercise of the splendid gilts with which nature and art have enriched her, she never refuses to make a generous bestowal of her services at the call of charity. Call after call is in this manner made upon her benevolence, yet each solicitation meets the wished-for response. Her labours, and their rich results, in London, Birmingham, and Manchester, are familiar to our readers, and now she ha s consente d to appear at a concert, in Liverpool, for the benefit of the fund for enlarging the Souther' and Toxteth Hospital. The response will, without doubt, be munificent, and assuredly the people of Liver pcol will not be behind any in their appreciation of a generosity which, in its abundant exercise, is without parallel. The concert will take place on Saturday, the 6th of January, at two o'clock, at the Royal Amphi theatre. It has been arranged that it shall be a day y— chartered e rd a t h vessel p erf ormance, in or d er to accommodate the many ' weal thy families w h o res i de b eyond our suburbs.—Liver pool A l bi on. P.ENTON YILLE EXI LES FOB THE C APE OF GOOD HOPE.--Yesterda y s Lords of C 7 O O I i t i o s n s s i on b e u r r s th o e r n t h fo e r A th t conveyance of convicts. She will be fitted out at Dept ford, where she will receive on board about 100 Penton vine exiles and convicts for Bermuda. On landing the number appointed to serve their period of banishment, she will receive on board a certain number of Bermudian transports who, with the P entonvillo exiles, will be con voyed to Simon's Town, Cape of Grood liupe, and lauded as free emigrants. WEDNESDAY EVENING, DECEMBER 27, 1848, THE FRENCH REPUBLIC. We have received the Paris papers of yesterday. The question of an amnesty has not yet been de cided. The PRESIDENT himself is in favour of the immediate publication of one which shall include BARBES, BLANQUI, ALBERT, and the prisoners at Vincennes, Louis BLANC, CAUSSIDIERE, and all the insurgents of June, but he is opposed by some of his Ministers. It is thought that the new Government will obtain a working majority in the present National Assembly. A banquet of French, German, and other foreign Soeialist democrats took place on Christmas-day, at the Barriere du Maine. 450 persons were present, and among them fifty ladies. No representative at tended. There were inscriptions to BARBES, BLANQUI, MESSENIIAUSER, ALBERT, BLUM, RASI'AIL, LOUIS BLANC, CAUSSIDIERE, and COURTAIS. Toasts and speeches of the usual wild ultra character were deli vered, and among them one to ROBESPIERRE, COU. THON, and ST. JUST. The banquet passed off with out any disturbance of order. The Chamber of Commerce of Rouen his pre sented the following address to the PRESIDENT of the Republic : " Monsieur le President,—The Chamber of Commerce of Rouen makes it a duty to address to you its congratu lation on the occasion of your election to the Presidency of the Republic. Under the pre:tige of the name you bear, M. le President, all parties have given you their suffrages, seeing in you a pledge of conciliation and con cord. The hopes of the cone try will not be deceived, we are confident; for you have sworn to direct the affairs of state in the sole interest and by the will of the law alone. After so many evils, the inevitable conse quences of our civil discords, which have so cruelly affected our commerce and manufactures, we think it to be the duty of every good citizen to lend a sincere and loyal support to the Constitution, and we p u t up our vows that, without departing from it, elections may shortly call to Paris a new Assembly, which, by its origin, being identical with that of the Chief of the Executive Power, will give to the Government homo geneity and strength, without which there cannot be any stability in our institutions- Such, Mon s i eur l o Presi dent, are the sentiments which the Chamber of Com merce of Rouen, in the name of the merchants and manufacturers within its circle, has thought it to be its duty to manifest on the occasion of your accession to power; persuaded that, under your Government, we shall see order restored, with that confidence and em ployment so necessary for the prosperity of our indus trious populations." The attempt of the followers of M. CADET to establish a Socialist Icaria in Texas has turned out a disastrous failure. After performing a long and fa tiguing journey through forests, to their location, they found the land uncultivated, and nothing prepared for their reception. They determined unanimously on the day after their arrival, to abandon Icaria, which they did, and after walking 120 leagues through forests, and losing all their effects, some of them managed to reach New Orleans, and were received into the hospitals and workhouses of that city. At the sitting of the National Assembly yesterday, M. ODILON BARROT, the President of the Council of Ministers, read the long-looked-for programme of the New Cabinet. This manifesto alludes generally to the policy which the Ministry intends to pursue. It declares that the Republican Government cannot be considered as definitely established until the period of revolutions shall have been closed. It states that the State ought not to interfere directly, but ought, in the first instance, to leave the greatest latitude to individual action. In regard to the Administration, it states that the Government is determined to substitute the strict observance of the law in place of the arbitrary exercise of power. In regard to the relations of the Republic with foreign States, it declares that diplo matic negotiations will be opened with extreme re serve. Nothing will be promised which cannot be performed, and the word of France would not be engaged rashly or lightly. The programme concludes by stating that everything in the power of the Go vernment would be done to preserve the peace of the country and to restore confidence. This programme was received with marks of great applause by the Assembly. M. Ledru Rollin then rose to put some interpella tions to the Government with respect to the military powers conferred upon General Changarnier, Com mander-in Chief of the National Guard of Paris, and of the first military division. He was invested, M. Ledru Rollin said, with power contrary to the Constitution and to the law of 1832. By the powers given to him, General Changarnier was irresponsible, and could become dangerous to the liberties of the State. M. ODILON BARROT replied that the Minister of War, and the whole Cabinet, took upon themselves the responsibility of the granting of those powers. As respected the question of legality, M. BARROT made some lengthened remarks, which were fre quently interrupted by the party of the Mountain. He defended the measure itself. He defended it on the ground of the necessity of placing an efficient power in the hands of one efficient person at a period when an agitation existed which might still be dan gerous to society. MINISTERIAL PROGRAMME. The following is a full report of the important pro ceedings which took place yesterday in the National Assembly : At half-past two o'clock M. Marrast, Pi e.sident, took the chair, and read a later from M. Lubbert, a repre sentative of the Gironde, who tendered the resignation of his legislative functions. The discussion next opened on the projcct of law re lative to the salt tax. M. Avond, the first speaker, recapitulated all the pro positions made by Members of the Assembly for the immediate abolition of that unpopular tax, which had been rejected by the committee charged with examining them, because of the deficit of 70 millions of francs it would occasion in the receipts. The Assembly, however, being preoccupied with other questions, paid no attention to the spe a k er , w h o a t l ast returned to his seat. appeared red Odilonat the earr tribune, Barret,silence w as immediately , President of the Council, h av i ng a . The Assembly, he said, had learned the decla ration of principles made by the President of the Repub lic, in which the new Cabinet fully concurred, and he now came forward to repeat the same engagements, in presence of France and Europe. lie did not intend to lay before the Assembly an expose of the situation of the country, but would give soma explanations relative to the principle on which the Cabinet had been con stituted, and the political course it intended to pursue. The Cabinet was composed of men belonging to the different political shades that had united in the election of the 10th or December. The nation had evinced such an accord, such a spirit of union, that the Cabinet should respond to it. It would neither be patriotic nor wise to disregard such a manifestation. The country wished for order, for material and morel order: order in the streets as well us in the Administration and Government. That order could only be firmly established on the day when the period of revolutionary agitation should be closed. In strongly constituting the national force it had given the best guarantee of its determi nation to maintain order, and it had thereby put it out of the question that it could be disturbed in future. Security was tho first want of all. It was indispensiblo that calmness and confidence in the future be restored, as otherwise manufactures and trade would not revive. Symptoms already perceptible showed that the resump tion of affairs was not a mere hope but a reality. Agri culture, trade, and manufactures had of late considerably suffered, and cruel sacrifices had been required from the first (the 45 centimes). The new Cabinet would exert itself . to introduce the severest economy - in the public expenditure, and to impart a salutary impulse to public works, which was far preferable to their direct exe cut:on by the State. Its efforts would tend to en courage individual activity. M. Odilun Barrot then added that be would not enter on any exposi of the foreign affairs of France. Negotiations were pending which imposed great reserve on the Government. All he could say was, that the Cabinet would not rashly engage the word of France, and that it would exert itself to preserve peace as the interest of France end Europe. In conclusion, he declared that he and his colleagues would do everything in their power to restore security, consolidate the Republic, and promote the de velopment of the political education of the Gauntry. The election of the 10th December bad given the Govern• ment an immense power, and it relied on the patriotic co-operation of the Assembly to enable it to accomplish its duties. M. Ledru Rollin next rose and attacked the Ministry for violating the Constitution by its first act, namely, the delegation to General Changarnior of dictatorial powers, which placed at his disposal 150,000 troops, and double that number of N a ti ona l G uards, leaving him 24 hours before he was called upon to account for his conduct to the Minister of War, whose responsibility was not con sequently complete, but chimerical. The law on the National Guard, he said, had also been violated, for it expressly forbade the centering in one person the com mend of the troops and National Guards. He also con demned the appointment of Marshal Bugeaud to the command of the army of the Alps, and the removal of the head-quarters of that army to Bourges. M. Odilon Barrot, who stood up to reply, said that he approved the constitutional and legal scruples of M. Ledru Rollin, but that they were not justified by the acts he had denounced. The responsibility of Ministers was complete, and the Minister of War could delegate a portion of his authority to a General the raoutent he recognised himself responsible for his conduct. The measure was not dang,rous. It was a measure of foresight, commanded by the situation of the country. In ordinary circumstances the text of the law might :be attended to; but the Govern ment had not even thought of consulting that law, in presence of fhe difficuties accompanying the tran sition from one form of government to another. (Mur murs.) M. Odilon Barrot asked his interrupters if the events which had occasioned so much bloodshed and de vastations were already obliterated from their minds, and if events which had deeply shaken society might not be repeated? It was not when hope was reviving that the Government could neglect the most ordinary measures of precaution. The army which had already saved France was still quartered in and round Paris, and, until it was dissolved, it was indispensable that its command should be,centered in one hand. A cruel ezperiment taught the Government how dearly the non-concentration of that command had cost the country. The Ministry had been happy to find at the head of the National Claud a man enjoying universal confidence, of which he was de serving by his devotion to the public liberties. His appointment, however, was merely temporary and commanded by circumstances, a.;d the moment the Government should perceive that the country had returned to its normal condition, it would revoke the extraordinary powers with which General Changarnier had been invested. M. Ledru Rollin, who followed, maintained that the constitution and the law had been violated by conferring on an officer, invested with an active command, the com mand of the National Guard. The text of the law was formal. The Minister asserted that the country was not in an ordinary situation, and that the Cabinet had not even thought of the law of 1831. Now, he knew of no ether exceptional situation than that of the state of siege, and, from the very admission of the Minister, the coun try had returned to its normal condition, and no arbi trary measures were justifiable. M. Leon de Malleville, Minister of the Interior, next rose and expressed satisfaction at hearing scruples of illegality in the mouth of a member of the Provisional Government, and complimented him on that personal pro gress.—(Laughter.) Ile then justified the measure, and reminded the Assembly that the principal reproach ad dressed to General Cavaignac was his neglect in not real ising the concentration of the command of the milita7 force. Under the Monarchy it had been united in the hands of Marshal Lobau and C (card, and under the Provi sional Government, in those of its General, Courtais. M. Malleville hoped that the present Ministry would be more successful, and that it would not be surprised by an emeute for having neglected to adopt proptr precau tionary measures. The Minister who delegated a por tion of his powi r was answerable for the acts of his de legate. The adversaries of the Cabinet should not lightly charge it with violating the Constitution. Were he (M. Malleville) to direct such an accusation against a Minister, ho would demand hie impeachment.—(Brnvo.) M. Charles Dain next rose and said, that M. Melte ville had no right to attack the Provisional Government in presence of an Assembly which had solemnly decreed that its Members had deserved well of their country.— (Laughter.) The dictatorship exercised by that Govern ment had been sanctioned by the people.—(" No, no," from all sides of the House.) lie then repeated the ar guments adduced by M. Ledru Rollin against the ap pointment of General Changarnier, and said that the reference to Marshals Lobau and Gkard was not a case in point, as they were not in active service. ---(Loud murmurs and laughter. A voice from the right ex claimed, " Marshals a France are always in active service.")_ Two Members, MM. Degousee and Ducoux, next proposed an order of the day, stating that, considering the powers conferred on General Changarnier were merely temporary, the Assembly passed to the order of the day. The friends of Ministers, however, having ' moved the order of the day per et simple, it was adopted by a large majority. The Assembly afterwards adjourned. BOURSE.—PARIS, TUESDAT, DEC. 26. THREE O'CL' CR.—There was a fall to day of a franc in the price of the French Rentes, produced principally by the fears entertained that the debate in the National Assembly on the affair of General Changarnier would tend to weaken the new Ministry. Railway Shares were steady, and there is a considerable rise in some of them. Exchange on London (30 days), 25 30; ditto (90 days), 25 221. BUSINESS DONE IN FOREIGN RAILWAYS AT TOE LONDON STOCK-EXCHANGE, DEC. 26. Boulogne and Amiens, B%—Central of France (Orleans and Vierzon), B—Luxembourg (10/.), 2 1 4 1 —Northern of France, 3—Orleans and Bordeaux, 2% —Paris and Rouen, 19 1 4—Paris and Strasbourg, 3. SPAIN. Madrid journals of the 20th have been received. SEIJAS LozAxo, who only two days before had been elected President of the Chamber of Deputies, has resigned his office and his seat in the Chamber in disgust. He will, it is said, be succeeded by MAR-. JANS. The ill-feeling existing between the QUEEN and NARVAEZ becomes more embittered every day, and although the latter has appointed General SANE and the Count DE CASA VALENCIA, who are deroted to his interests, as the successors of the Count DE PUNON ROSTRO and Count DE CUMBRES ALT" he is by no means secure in his tenure of office. Several of the Carlists who submitted to CONCHA, with POSAS and MONTSERRAT, have escaped and re joined CABRERA. MADRID BOLSA, DEC 20.—The Three per Cents. were done at 211 for cash ; the Five per Cents. at 10; for paper; the Debt without interest at 4 for paper; and Coupons at 6. GERMANY AND THE NORTHERN STATES. AUSTRIA. The following is the dispatch of Prince IVINDIsca. GRATZ, announcing his entry into Presburg : " To his Excell9ncy Baron Walden. " I hasten to inform your Excellency that I have this moment entered Presburg, by way of Stampfen, with the second corps d'armee. The city was evacuated yester day, and the bridge of boats destroyed. I reserve fur ther details. I this day move my head-quarters to Karlberg. " ALFRED, Prince of WINDISCIIGRATZ. " Presburg, Dtv. 18, H 48." The Magyars intend making a stand at Raab. Wiezelburg has surrendered to the Imperialists after a smart resistance, but the particulars are not known. WiNDISCIIGRATZ was, on the 18th, at Gattenderf, and JELLACIIICH at Storkstrasse. Intelligence from Pancrowa states that the Hun garians have taken the principal camp of the Servians by storm, and were preparing to cross the Drave to bombard Legrad. KUBLIZA, the self-installed King of the peasants of Bukowinn, has been taken prisoner. The Allgemeine Zeitung of the 19th inst. publishes the following in an extraordinary supplement, and in very conspicuous type : "We have received, via Agram, the full confir mation of the report that the Hungarian Diet has declared the abdication of the Emperor Ferdinand and the accession of his nephew null and void, as regards Hungary, as, according to the existing laws of that country, the throne can only change hands at the death of the monarch, unless at the express de sire of the nation, and with the sanction of the Diet. Now, as in the present instance the nation was neither consulted, nor its sanction demanded, all the authorities, troops, and inhabitants of Hungary have been called upon not to acknowledge or obey any laws or commands at variance with the constitution of the land, and to re ject all usurpation, Sze. In such terms, says the Allge ;twine Zeitung, is the resolution of the Hungarian Diet announced in the Polk Gazette of the Bth inst. This resolution may, after the subjugation of Hungary, lead to a total dissolution of a distinct administration of that kingdom." Accounts from the army of WrsiniscaisaaTz state that his troops had suffered greatly from cold and privation. Several picquets had bean frozen to death. The success of his invasion of Hungary was consi dered doubtful. PRUSSIA. Intelligence has been received from Berlin to the 24th, at which date everything was tranquil. BAVARIA. Letters from Munich, of the 20th December, state that the Minister, M. DE LERCIIENFELD, has re signed. The KING twice refused to accept his resig nation, and when he at last accepted it, he said that in doing so he had no wish to retrace his steps, but that in the choice of the new Ministry he would show he intended to proceed in the constitutional path on which he had entered. HESSE-DARMSTADT. The Second Chamber, in its sitting of the 20th inst., adopted the first article of the new electoral law, hus conceived : " The rights granted to the states by the constitution of the Grand Duchy are exerci!ed by tw o chambers, composed of representatives elected by the people." The Gazette de liayence is to be prosecuted for having published an address pronounced at the funeral of 11011ERT BLUM. FRANKFORT. The election of Louts NAPOLEON BONAPARTE as President of the French Republic, has given rise to feelings of distrust on the part of the members of the German Parliament. ITALY. The Osservatore Triestino contradicts a statement published in the Vienna journals, that the Croatians had taken Malghera on the 11th instant, after a three days' attack. It is true that the Croats attacked Malghera twice, but each time they were repulsed with considerable loss. The Minister at War of CHARLES ALBERT has given orders that all volunteers are to be received at the castle of San Giovanni, and the committee of Parma, Piacenza, Modena, and Reggio, has addressed a proclamation, dated Turin, Decemb er 8, to the in habitants of these Duchies, exhorting them to be ready for every event, as CBARLFB ALBERT has not, it says, strengthened his army merely for ostentation's sake. vM Letters from Rome, published by the Bologna Gazette of the 18th inst., announce the arrival there of a British diplomatist of distinction. He is said to have advised that a person of confidence should be dispatched to the POPE to endeavour to effect a reconciliation. He had even offered himself as mediator. RAGGED SCHOOLS FOR DESTITUTE POOR CHILDREN. —The benevolent and charitable will, at this season of the year, find ragged schools an excellent medium to convey their bounty to the most destitute of their fellow creatures. About 280 children attending the St. Giles's Ragged Schools (now temporarily carried on in George st'ree!-., St. Giles's) were supplied on Christmas-day with hot roast beef, potatoes, bread, and plum-pudding, at the expense of a few benevolent individuals, The same appearance of quietude as for some days past is observable in the City walks, and this being a " broken week," v , ry little activity is expected. The Corn trade is steady. From the manufacturing districts we learn that busi ness was slacker, the late advance in the raw staple having an effect in restricting operations, although, no doubt, the holidays were more influential. The transactions in the Funds have been very limited to-day, but the market opened well at an advance to 888 89. Subsequently the French prices came lower, and there has been a bargain in Consols at 88k. Bank Stock has been supported at 191. Exchequer-bills have realised 395. to 425., and India Bonds 375. to 40s. pre mium. The New Three-and-a-Quarter per Cents. have been 89* to 898. The Foreign investments have been rather fluctuating, though there have again been a good many transactions in them. Mexican, after touching 2.58, have receded to 24i Equador have been 2 : 4 1 T 7 ,-, and Grenada 13. Bue nos Ayres Stock is 23k. Spanish Active Bonds have been 14* to 4, and the Three per Cents. 28 to 28*. Portuguese Four per Cents. are nominally 26 to 27, Russian Bonds have been at 102. Dutch Two-and-a- Half par Cents. are 49k. There has not been a bargain in Peruvian. The committee are in communication with Senor Osma respecting the terms offered for a settlement of the bondholders' claims. Railway Shares have been generally higher to day, but it is remarked that Eastern Counties still hang heavily, and inquiries continue to be made as to the cause. North-Western, Midland, the York lines, the Great Northern, Caledonian, and North Stafford, have improved. Frcnch Shares are rather higher. BRITISH FUNDS THIS DAY AT ONE O'CLOCK. (From the Official List.) Bank Stock l9l 3 per Cent. Reduced Annuities.— 387 89 88% New 3 1 4 per Cent. Anus. 8 9 % 5 / aVs Long Annuities, Exp. Jan. sth, 1860 811-18 3 4 India Stock — Do. Bonds, 1000/... ............... Ditto under 1.0001 Consols for Accouut .. B9 88% Exchequer Bills. 2 1 / 2 d. 2d. March. June. 1,0001. 5001 39 42 p 38 41 p Small 39 42 p 38 41 p PRICE OF FOREIGN FUNDS AT ONE O'CLOCK. Buenos Ayres Bonds, 6 per Cent... 23 1 / 2 Equador Bonds 2 34 74 Grenada, 1 per Cent. . . l3 Ditto Deferred ...• 2 l/, 3 / 2 Mexican Bonds , 1846, 5 per Cent 25 25 1 k 21 1 / 1 / 1 5 78 Ditto for the Account ....... Russian Bonds. 1822, 5 per Cent lO2 Spanish Bonds, 5 per Cent, 1840 Ditto Passive Bonds 3% Spanish Bonds, 3 per Cent 2B 28 8 Venezuela Bonds Dividends on the above payable in London. Dutch 2 1 per Cent.,l2 Guild 49% BITSINESs DONE IN RAILWAY SHARES AT ONE O'CLOCK RAILWAYS. PAID. PER :HAR E. Aberdeen Amber., Notting., Boston, &c. 4 1 4 — Ayrshire and Galloway Belfast and County Down .. 19 .. .. Birmingham Rc OxfordJunct., calls duly pd, or with guar. 20 Do., without a guarantee... 20 ... Birmingham,Wol., & Dudley, calls duly pd, or with guar. 10 ... . Do., without a guarantee... 10 Binning., \Vol., tic Stour Val. 131.145.... Birkenhead, Lancashire, and Cheshire Junction lO Boston, Stamt., & Birming... 5 Bristol and Exeter Do~ Thirds Buckinghamshire... l4/. 4s — ...... to Caledonian Ditto, Half Shares - 1% to Ditto, New 101. Preference . ; 7% 7 , y4 to Ditto, Clydesdale Junction 50 Chester and Holyhead... 5O .... Ditto, Preference Clarence. Do., Ist Class, 6 per Cent... 10 Do., 2d Class, 5 per Cent... 10 _ _ Do., Gov. Loan, 4 per Cent. 10 Direct London & Portsmouth 54 — to Dublin and Belfast Junction.. 35 Dundalk and Enniskillen ... 20 East Anglia, 251. L. & E., aced. L. & D Ditto, 181._, E. & 1.1 l3 ..... to ..... , . Ditto, 31. 10s., E. & H... 3% 2VA... to Eastern Counties .... Do. New Guarant. 6 per Ct. 10 Do. Perpet., 5 per ct. No. 1,6/. 13a. 4d... Do., do N0.2,6/. 13s. 4d... Do., Northern & Eastern... 50 Do., 5 per cont. Do., Quarter .... . ...... ...... 124... .. Do., New Eastern Union, Class A (late E. U. Shares) ......... .. 25 Ditto, ditto, Class A, ditto 1 Ditto, do, Class B (I. & B) 20 — to Ditto, do, Class C, ditto... 20 Ditto Scrip (gua. 6 per ct.) 10 . — Ditto, ditto Ditto (C. & E.), 5 per ct. 2% — to East Lancashire Ditto, New .. ........... .... . 21 ..•.. to Do., New Quarters Do., G per Cent. Preference Quarter Shares 6A.......,~ East Lincolnshire Edinburgh and Glasgow 5O ...... to Ditto, Half Shares Edinburgh and Northern Ditto, New port Exeter, Yeovil, & Dorchester 2% — ... . to _ Glasg., Dumfries, & Carlisle-8/. 6s.Bd — ..... to Glasgow, Kilmarnock, & Ayr 50 ....„ Do. Preference Consolidated Great Northern-- .......... ... 19 Do. 14, 13 6 per Cent. Guar. 614 4% to Do. Extension .... ..... .... 2 1 / 2 „ ... --to Gt. South. & West. (Ireland) 42% — Great North of England 100 Ditto, New 40/ Ditto, ditto .... Ditto, New 301 Ditto, New 151......... l4 ...... • Gre/f,t Western Ditto, Half Shares Ditto, Quarter Shares Ditto, Fifths Do. New 171 l3 .. ... 10% to Huddersfield and Manchester 30 .. -. Ditto, Thirds lO Hull and Selby. 5O Ditto, Half Shares .. ...... 25 ~ — Ditto, Quarter Shares .. 12% — to Lancaster and Carlisle.... ... 50 Do., Thirds. Lancashire and Yorkshire ... 93 ..... to Ditto, ditto Ditto Half Shares Ditto Quarters Ditto Fifths Ditto Sixteenths ... ..... ... 6%...... ... to Ditto Thirds (Reg.) ..... .._ Do., New Guar. 6 per cent. VA — ...... to Do. Liverpool and Bury... 43 Do. (Rudders. and Shetr.) 43 Do., Wakefield, Pontefract, and Goole Do., West Riding Union... 7 .... . Do., Preston and Wyre ... 25 Do., do., Half Shares (A) 9% — to Leeds and Bradford 5O ..... 98 ••• .. to Leeds,Dowthury,& Blanches. 50 .Do , Half Shares Ditto, Blue (scrip) ...... to Leeds and Thirsk ...—... ...... 50 Ditto, New .... 35 to Do.,do.,Prefer., 6 per Cent. 3%..... ...... to Liverpool, Crosby, and South cort. Liverpool, Manchester, and Newcastle Junction. ...... ... 2% — ..... .to London It Blackwall ......131. es. 8d — Do. Extension Loud., Bright., & South Coast 50 Do. Guaranteed 5 per Cent. 9 - Do. Pref. Cony. 5 per Cent. 50 ...... .. Ditto, ditto 1852 50 ..... Do., New, guar. 6 per cent. 5 1. omion and Greenwich... 121. 159.4 d — ... .. to Ditto Preference lBl 17s 2d... ...... to London & North Western.....loo 124 125... to 123 Do. Quarters (L. and B.) 22 DI. New Do. Fifths Do. 40e. Shares.....L. &51 25 ...... ..... to Do. 10/.... M. and B. (A.) 9 .... • ...... to Do. 10/. .. M. and B. (B.) 9 Do. 101... M. and B. (C.) 1 - ... •• to London and S. Western...—. .50 .. Ditto, New 504-- .. ..... 42'h...... Ditto, New 404, ..... .. .. 34 Do. Tenths (Consolidated) 50 ...... Do. Tenths (Consolidated) 40 Ditto. Thirds l3l. 6s. 83 ... 4% dis. to Do., New Scrip, 1848, Pref. 7 per Ct. on Deposit and 5 per Ct. on Calls Lendon, Salisbury, & Yeovil 1% — ...... to Londonderry and Coleraine... 284 — to Londonderry and Enniskillen 27% ..... to Liwestoft (guar. 4 per cent.) 20 Ditto (guar. 6 per cent. ... 13 ...... Manch, Buxton, & Matlock 4 M anchr, Sheffield, and Linc.100 Ditto Il Shares ( No. 1) ... 18 ...... Ditto, ditto (No. 2) Ditto, 1 4 3 Shares (No. 3 )... 11% ...... Do., New 10.. Preference.. 10 ... .. ... . to Ditto Grimsby . Ditto, ditto. ..... ..~ Ditto, ditto ... . B IA3 — . to ..., MONEY and COMMERCIAL NEWS. CITY, QUARTER TO THREE. The sales of Cotton at Liverpool yesterday were esti. mated at 4,500 bales, and include 3,500 American; 300 Bahia at 4i-d. to 5d.; 100 Egyptians at sid. to 6d.; 200 Surat at 3d. to 31d.; and 40 Sea Islands at Bd. to 9d. The mat ket closed heavily, and prices had a declining tendency.—Railway shares were firm generally. The accounts received from France are still of a satis factory character generally, and although the debate upon the affair of General Changarnier had occasioned some reaction in the Rente, it does net appear that any positive uneasiness exists. The quarters to which we West now chiefly look for events of interest, are Italy and Denmark, and, in relation to the latter, it may be remarked that there are doubts expressed in the letters received as to whether an amicable arrangement will be effected. The winter season usually suspends military operations, but the freezing over of the Belt would afford an easy passage to the troops, the assembling of which at Hamburgh, and on the Hanoverian frontier, is not considered a very pacific indication. The detri mtnt to commerce during the last struggle was so great that we are not surprised to hear of the, anxiety expressed in various quarters as to the possibility of the war being renewed. One or two cases have been mentioned to us in which vessels have been ordered home from the Baltic, as a measure of pre caution. Ditto Sheffield and Line. 15 ...... - - Ditto, Grimsby Dock 2O - to - Ditto, Man. & Lin. Union 4/. 25.... - Nlidland..... 100 Ditto, Consol. Preference...loo - to - Ditto, 501. Shares.-- ...... 20 ll% 12 1 % to 11% Midland, Birm., and Derby...loo ... - - Midland, Consol. Bristol and Birmingham, 6 per cent.... 100 - - Midland, Bristol and Glouc. 38 ... .. - Ditto ditto 141. 185... - - Midland, Leices. and Swan nington (8 per ct.gua.)....100 .... . - - Midld. Great Western (Irish) 45 - to - Middlesbro' and Redcar. 6 per cent. guar. 5O - to - Newcastle and Carlisle . 100 ...... - - Ditto Quarter Sh ares . .... • 25 ... .. - - Newmarket - - Ditto Extension Scrip... 21. '23. - - Newport Abergy., and Heref. 6 - ...... to - Newry and Enniskillen . - ...... to ---i Newry, Warrenpoint, and Rostrevor ..... ............. 20 Ditto New 20/. l5 -a - - - ...... to - Ditto Guaranteed 5 per ct. ,20 - ...... to - Do. Do. 5% par cent - Do. do. Waveney Valley... 2 ...... - ._ .... . 6 Northern Counties Union ... 4 - - North British - Ditto Pall Shares.-- ..... 12 1 - Ditto, Extension Do. Quarters VA .. .... 3...... to - ..... to -.- Ditto Thirds .. ......... ..... 8 51 4.-- - to - North and South-W es t ern. .. 2 to - North Staffordshire-. - ...... 15 - to 8% North Wales 3% ..... - , .... to - North Western ........... Oxford, Worcester, and Wol verhampton - - Reading,Guildtd., & Reigate 10 ...... - Royston and Hitchin ..... .. 2 ...... - ilo - Scottish Central ..... - - Scottish Midland .•- ....... .... 25 - te - Ditto, New 1 7 %...... - to - Sheffield, Rotherham, and Goole lO - •••••• to - Do. do. (South Div.) 4 - - Shrewsbury and Birmingkam 9 - Ditto, ditto, Class B. 5 - ..... to - Ditto, New Guaranteed 6 - Shrewsbury and llerelord .. 2 - - -hrewsbury and Chest er ••• •• to - (Nor. W. '_in.) - Ditto Halves. Ditto... 8%... - Ditto, Uswestry 1 7 34 •••••• -- ~New)... - . ..... to -- Ditto 8 per Cent. Pref:...... 10 - - Shropshire Union 4 ..• .• 1 ...... to - South Devon - - Ditto, Preference 25 clouth Staflordshire... - Sonth Eastern Ditto, No. 1. 24 - is - Ditto, No. 2. 22 - Ditto, No. 3. - Ditto New, No. 4. 'Thirds 10 - south Wales South Yorkshire, Doncast er and Goole - . ..... to - swans. and Loughor and Ca meron's Stm. C0a1.......... 6 - to - raw Vale Extension ........ 8 - Thames Haven Dock and Railway 17% - to - Vale of Neath - .. ••• to - Waterford and Kilkenny 17%..._ -- - Waterford and Limeri c k ... .. 47%...... - - Waterford, Wexford, Wieldw, and Dublin - •••• • to - Wear Valley 6 per Cent. Guaranteed - Do. do. do. - .••• •to - Do. do. do. - - West Cornwall 6 • - - West London - ..• -to - Ditto, First Class 2O ..... - • to - Ditto, Second Class Whitehaven and Furness l4 ..... - •.... to -- Windsor, Staines, and South Western...... .......... ~ l2 - ViTilts,Sonaerset&Weymouth 40 ...„ - ~.„ to - York, Newcastle, and Berwick 25 - Do. Original New & Ber ck 25 ...... 26 1 /34 to - Do. Eaten. No. I (Y. & N.) 15 - Do. do. No. 2, New &B. 15 Do. G. N. E. Pun or Pref. $ - York and N or th:Midl and .. 50 ... - ..... to ..... Ditto, Preference - Ditto East and Westßidi ng Extension .... .... 25 - REIGN Anglo Italian (lat FO e Italian RAILWAYS. and Austrian - to -. Boulogne and Amiens 2O - Central of F rance (O r l eans and Vierzon) .... l7 - ...... to -- Ceylon ......„ % - to - Demerara. - ..... to - Deralre Valley to - Direct Bombay and Madras ss. .... . - - Dutch Rh en i s h 7/,4...... - ...... to - East Indian - Great Indian Peninsular Louvain ala Sambre ~....... 7 1 / 2 - ...... to - Luxembourg - Ditto - is - L stdrid and Valentia Namur and Liege - to - Northern of France l2 ...... - -.... to - Orleans and Bordeaux:... - Pada and Lyons - - ro. Do. - ... .. to - Paris and ( nleans... 2O - ...... to -- Perla and Rouen - Paris & Strasbourg .......... 9 - ...... to - Rouen and Havre Sambre and Meuse - .... to - Strasburg and Bale ..... ...... 14 ..... - ...s. to - Tours & Nantes ... .. ...... .. 9 Tournay, Jurbise,, Landon, and Hasselt - ....... ...... „. 20 ...... - - West Flanders - ...... to - JOINT STOCK ItANKS. Australasia .. - British North American .... 50 - to - Colonial ..... .. ....-... ........ 25 ...,. - . to - Commercial of Londo n ....... 20 - - London Joint Stock ~... ..... 10 ...... - - London and Westminster. .. 20 - to - National Provincial of Engld. 35 - - Ditte, New - .. National of Ireland Provincial of Irel an d to - to - Ditto, New lO ..... - ......_te - Union of Australia 25 - ..... to - Ditto, New..... 2% - to - Union of Londo n ........ ..... 10 Union of Madrid . 4O - ...... to -- MINES. Angle Mexican - ...... to -- Asturian Mining Company l4 ...... - - Australian.,. - ...... to - Blaenarvon Iron gild Coal ... 50 - - Bolanos Scrip - - to - British Iron - - Brazilian Imperial ..... .• ... 24%...... - • is -- Ditto Cocaes and Cuialsa... 30 Ditto St. John Del Rey ... 15 - .. .. to to -- - Cobre Copper - •••... to - General Mining ....... :.,.... 20 Real del Monte, Unregistered - . .. --.. ... to - Do. Black Debent ures - to - Do. Red Debentureff ...... ... - - ...... to - Santiago de Cub a . ..•..,.. is - ••• .. United Mexican - ..... to - to - COURSE OF Amgenlam • •• •• 12 2% Ditto, at sight ...... 12 0% Rotterdam .....• •. •• 12 2% Antwerp.......... •• •• 25 77% Hainburgh 13 12,4 Paris, 3 dayesight .• • • 25 37% Ditto, 3 months •• 25 70 Istarseilles •• .• •• • ..... 25 70 13ourdeaux.... •• •• . • 25 70 rrankiort on Maine.... 121 Petersburgh, SU. lible.. 36% Vienna, offer. f 10•....• 11 30 Trieste, •11 30 Madrid ••• • •• 47% Cadiz .• •••• •• 43% 8i1ba0..... ..• •• Barcelona .• •• •• •• .• . •• ••• EXCHANGE. Gibraltar. •••• • • • •• • • 4...• Leghorn ... ••.• • .. 32 0 Genoa .. •• • • ...... •• .. 26 15 Venice.... •••••• • • • • . • Naples .............. 40 ralermo, 117% Messina 118 Lisbon-- .. 51 Oporto 52% Rio Janeiro • ...... • • • • Buenos Ayres .. •• New 'Fork, 21 days'sight Philadelphia PILICZO OF BULLION, PIM osi Foreign Gold In bars.. £3 17 9 Yortagal Gold Coin .. 0 0 0 Spanish Doubloons .. 0 0 Now Dollars .... •• • 4 10 Silver in bars ...... •• • 0 0 LLOYD'S SHIPPING.—(THIS DAY.) LONDON, DEC 27.—Wind this day at noon, - W.S.W., light breeze end fine ; greatest pressure of wind, since yesterday at noon, 3i lbs. Barometer 30.19, thermos meter, 48.: WIND AND WEATHER, THIS DAY, 9 A.N. Colchester S.W., fine Glasgow Gosport S.W., fine. Hull Lowestoffe Newcastle W., cloudy. Portsmouth Yat mouth S.E., cloudy. Hanwicu, DEC. 26.—A large full•rigged ship, on shore on the Sunk Sand, was boarded by the Scout, revenue cutter, 23d inst., when two goats and five pigs were found alive, but no human being; mast all broke, and lying across her decks, full woman-head gilded, painted ports, supposed to be from Hamburgh or Hong. Kong, laden with a general cargo, some of which has been landed. A schooner is reported to have been to tally vlrecked on the Long Sand, on the 22d inst.; crew supposed to have perished. LOWESTOFFE, DEC. 26.—The Hearts off Oak, was driven on shore on Neweome Sand last night, sunk, and has become a total wreck. Coax, I)Ec. 23.—Arre. Lightfoot, Parke, Quebec; Euterpe, Koning, ditto; Bangalore, Parsons, New York. NEW Ross, DEc. 21.—Home, Windgate, Baltimore. DEAL, DEC. 26.—Arrived from the river, Rotter dam, Batavia; Eupbro sync, Calcutta; Sir George Sey mour, Adelaide; Augusta, .Algoa Bay; Heroine, Cape of Good Hope; Tropic, Barbadoes; Yorktown, New York; Ennerdale, Balliston, New Zealand; Champion, Pallut, Cape Coast Castle. lialascATE, DEC 26.—The Lady Robilliard, London to Guernsey, has put in here with loss of rudder, &c., having been ashore near the North Foreland. NEWCASTLE, DEC. 26.—Wind S. to S.S.E., strong gale with rain.—The George, on the Rocks of Tyne mouth, is bilged, but should the weather moderate may be got off. GLOUCESTER, DEC. 26.—Sid. Acorn, Sydney. PonTsmouTti, DEC. 26.—Wind S. to S.W.—Arrived Saline, Sullivan, Baltimore. Off port, Doggerebank, Batavia, fur Amsterdam. BIDEFORD.—Sid, Kathleen, Cuba. AIiERYSTWITH.—Arrd. Grace, Hutchison, Quebec. LlVEltrooL, DEC. 26.—Wind S.W.—Arrd. America, Dunn, New York; Peter, Marcy, New Orlea ns . Sid . El Dorado, N ew O r l eans ; Sarah, Parker, Savannah ; Celina, Africa ; L'ritish Princess, New Orleans ; Sir Harry Smith, New York. The Thames, from Bridge. water, on shore on the 15th inst., on Crosby Point, has got off and been brought in here. - WELLs, DEC. 26.—The Three Brothers, of Rudkis -I,ieg, for Hull, got on shore this morning on the Wool pack Sand, eh Hanstaute, and is now waterlogged, but little of her cargo is expected to be saved. Crew 'saved. MN wee frou and atte Engl Irish Fore refit kin late Hoj ditto 51 I sale MU 8d; Pori whit Pay fault whit to fi stat( pay had de fe claic 2 VC bI~ E m d a w ri the F. D( stc Fi Cr 500 1 abou Di In wile! run bleu laise, all b their the r man( cruit panti of to and entlii of m ries of pa office office triou band tory with lerie