The Sun. — London, England, 1848-08-10 00:00:00

Now ready. in one vol., comprising as much matter as twenty ordi nary volumes, with 1,500 Engravings of Arms. 38s. bound, B URKE'S PEERAGE and BARONETAGE, FOR. 1848, NEW EDITION, Revised and corrected throughout from the Personal Communications of tke Nobility, &c. " The most complete publication of its class we possess."—Atlas. " No other Peerage can be compared with that of the Messrs. Burke for correctness tend completeness."—Weekly Chronicle. Henry ('elburn, Publisher, - 13, Great 31kriborough-strect. THE SECOND EDITION. In 2 vole svo., with Portraits. toe. price 325., THE HISTORY of the CONQUEST of PERU. By W. H. PRESCOTT, Esq., Author of "The History of Ferdinand and Isabella." " We can most conscientiously recommend this present work."— Quarterly Review. " Mr. Prescott is terse and lucid, vigorous and elegant."—Times. " A monument of genius."—Datly " ' The Conquest of Peru' may take a foremost place amongst the histories of the present day, and will not shrink from a comparison with many in past ages."—Spectator. Willard Bentley, New Burlington-street, (Publisher in ordinary to her Majesty). HER MAJESTY'S THEATRE. Mdlle. JENNY LIND. The Nobility, Patrons to the Opera, and the Public are respectftilly nformed, that a Grand EXTRA NIGHT will take place on SA TURDAY, Aug. 12, when Mdlle. JENNY LIND will appear in a favow rte Opera. Wins various novelties in the Ballet Department, combining the talents of Mdlle. Carlotta Grist, Mdlle.Carolina Rosati, Mdlle. M. Tag bout, Matte. Cent°, &c. &c. Applications for Boxes, Stalls, and Tiokets, to be made at the 110x-of/ice of the Theatre. HER MAJESTY'S THEATRE. Mdlie. JENNY LIND. The Nobility, Patrons to the Opera, and the Public are respectfully informed that a GRAND EXTRA NIGHT will take place THIS EVENING, on which occasion Mdlle. JENNY LIND will appear as AMINA, in Bellini's Opera d' LA SONNAMBULA. Amine, Mdlle. Jenny Lind ; Lisa, Mdlle. Vera ; Count Rodolphe, Sig. F. Lablache ; El vino, Sig. Gardoni. To conclude with the admired Ballet Divertissement, entitled LE JUGEMENT DE PARIS. The Tern List is suspended, the public Press excepted. Pit Ticket, may be obtained as usual at the Box-office of the Theatre, price 10s. 6d. each, where applications for BOZOS, Pit Stalls, and Tickets are to be made. Doors open at halt-past Seven. and commence at Eight o'clock. ' THEATRE ROYAL, HAYMARKET. lJnder the Management of Mr. R. Webster, sole Lessee. THIS EVENING. Will be performed TIME FLOWERS OF THE FOREST. To conclude with the Burlesque, entitled TAMING A TARTAR. count Cracovienin.ski, Mr. Worrell ; Kiekerwhiski, Mr. Paul Bed ford ; Mazourki, Mr. Wright ; Ivan, Mr. Manyatd ; Monsieur Cott pee, Mr. C. J. Smith ; Strelenskt, Mr. Callenford ; Countess Crace vieninski. Miss Woolgar ; Mazourks, Madame Celeste. ST. JAMES'S THEATRE. ROBERT HOUDIN continues to attract crowded and fashionable audiences at the St. James's Theatre, to witness his extraordinary and original SOIREES FANTASTIQUES, which, on account of his provincial engagements, must unavoidably terminate on Monday next ; the remaining performances will be arranged in the following order : TIIIS EVENING, Commencing at Half-past Eight; and a Day Performances, en Friday Morning, commencing at Halt•past Two. An Evening Per formance on Saturday, and a Grand Farewell Morning Performance on Monday, August 14. • Boae4 and Stalls may be securod at, Mr. Mitchell's Royal Library, 33, Old Bond-street. ROYAL SURREY THEATRE. Under the direction of Mr. Kerschner. Engagement of Mrs. FITZWILLI NINGA.M and Mr. BUCKSTONE. THIS EVE Will be performed THE FLOWERS OF THE FOREST, in which - Mrs. Fitzwilllam and Mr. Iluckstone will perform. Alter which, a C-canlo Drama, called A ROUGH DIAMOND, in •which Mrs. Fitzwilliam and Mr. Duckstone will perform. To conclude Kith THE IDIOT OF THE MILL. Manager and Treasurer, Mr. B. S. Fairbrother. ASTLEY'S ROYAL AMPHITHEATRE. Proprietor, Mr. W. Batty. Fltzball's new and completely successful Spectacle. Unparalleled Equestrian Feats. THIS EVENING, • Will be performed, the new brilliant Spectacle, founded on Sir Walter Scott's celebrated poetical Romance, and entitled MIR MION ; or, The Battle of Flodden Field. To be followed by We inimitable EQUESTRIAN and GYMNAS• TIC EXERCISES in the ARENA. To conclude with a Grand Pageant, entitled LADY GODIVA. AND PEEPING TONE OF COVENTRY; or, Clearing the Toll. Boa-office open from Eleven till Five. Stage Manager, Mr. W. West. ROYAL SURREY ZOOLOGICAL GARDENS. Attraction unprecedented. JULLIEN and his UNRIVALLED BAND. GRAND MONSTRE CONCERT. New Quadrille, composed expressly for the Gardens. Continuation of the Engagement of Miss HUDDART. Engagement at . MISS SARA FLOWER. Tho DAYLIGHT VIEW of ROME, by Daimon. Superb and Ur ique MENAGERIE. Grand Display of FIREWORKS, by the Messrs. Southby. No Extra t barge. MONDAY, TUESDAY, WEDNESDAY, THURSDAY, and . , FRIDAY. View of Rome —Promenade Concerts, Vocal and Instrumental, conducted by Mons. JULLIEN, whose splendid Band of Solo Per formers includes Messrs. Baker, Barrett, Bauman, George and Viotti Collins, Ciotfl, Collinet, Koenig, Lazaru+, Richardson, Sonnenberg, Lc.—Two Solos each Evening. —Several favourite songs by, idiss Sara Flower and Miss Huddart dnriNg the Evening.—Also to be seen, durinc the day, the beautiful Menagerie--Shakspere's House—The Magic Bridge—and other novelties will be exhibited, the whole concluding with a most magnificent and not to be rivalled display of Fireworks, by the Messrs. Sduthby, representing the Girandola during the Holy Week at Rome. Gates open at Ten ♦.m., Feeding Time Flye—Jullien's Concert at Six—Fireworks at Nine. Admission, as usual. One Shilling. THE WEATHER.—SUN OFFICE, AUGUST le. THERMoMETER, Lowest, 46; Highest. 63 ; Noon, 70, BAROMETER, 30.05.—W1ND W.S.W.; fine. HIGH WATER AT LONDON BRIDGE THIS DAY. Morning .. 9 min. attar 10 I Evening 44 min. after ifi c. 4) Min 1 Ulf LONDON, THURSDAY, AUGUST 10, 1848. Coupled with last night's discussion upon the Naval Estimates, the questions put to the Govern ment—on Wednesday evening, in the Upper House, by Lord STANLEY, And yesterday evening in the Lower House, by Mr. URQUIIAST—in reference to the intended policy of Great Britain towards the Sicilians and their late SOVEREIGN, acquire . a pecu liar significance and importance. In answer to those inquiries, we are rejoiced to observe that the leading members of the Administration speak only in the language of evasion and mystification. Neither the Lord President of the Council, nor the First Lord of the Treasury evince the smallest dis position to satisfy a curiosity, which would, if frivolously gratified, not only tend to compromise ourselves, but also in a peculiar manner to prejudice the destinies of a noble and illustrious race. It is asked—pertly and indelicately asked—what course her MAJESTY'S advisers intend to pursue in the event of an outbreak in the Mediterranean between the King of NAPLES and the recently liberated Sicilians ? Lord STANLEY is particularly anxious to know whether the British Government are prepared to take part with the belligerents in the event of such an outbreak, aid whether in so doing the fleet, com manded by Sir WILLIAM PARKER, will be placed at the disposal of FERDINAND, King of the Neapolitans, or of AMEDEE, King of the Sicilians. Now supposing, for the sake of argument, that the inquisi tiveness of my Lord STANLEY were satisfied by an ex plicit avowal of the intention of her IAJEST Y'S Government, supposing that the impertinent and spite ful pertinacity with which the question is reiterated by the Hon. and Learned Member for Stafford were successful, and that the revelations of the Marquis of LANSDOWNE were corroborated on the following evening by Viscount PALMERSTON himself—what would be the inevitable consequence of that pre cipitate and premature explanation ? Why the consequence would be precisely what Lord. STANLEY might rejoice to witness—the embarrassment and discomfiture of the present Administration. It would cause exultation to warm the very cockles of the heart of .112 r. URQUHART, by placing his old enemy Lord PALMERSTON in a bewildering and disgraceful dilemma. The projects of England would be recog nized by either the reigning Sovereign of Naples or by the Monarch-Elect of the Sicilians, in sufficient time to enable one or the other of them to frustrate the designs of the British Government. Fortunately for the character of England and for the credit of her statesmen, the insidious tendency of these inquiries has been at once perceived, and their malign influences have been evaded by the tact and sagacity of our administrators.- Lord LANSDOWNE, by a skilful bewilderment, 'and Lord Jousr RUSSELL, by a blunt- refusal, have entirely ba ffl ed their antagonists. English diplomacy remains untrammelled, and Eng lish generosity continues to act effectually behind the curtain of Ministerial reserve for the glory of the Saxon name, and the furtherance of Italian liberty. BUT—(observe the solemnity of the warning ex• plessed in the mere sequence of the conjunction !) But, baffled as the opponents of Lor d PALMRESToN are by the ingenious evasions of his colleagues,thve the they England a have one weapon of assault left to the m -- he weapon of Intimidation! They threaten if she dare oppose the of the Neapolitan Monarch. And their threat in all truth, absolutely tre mendous. Ihey—tlrse political wiseacres —aver distinctly that if the Government take part with the old Sicilian patriot, Admiral SEPTI3IO, if the fleet o f Sir WILLIAM PARKER is transformed into a fleet o f King AMEDEB, if the dream of Sicilian emancipation and Sicilian nationality is. countenanced by the Ministers of Great Britain—What? Why that war will be decla re d aga i ns t E ng l an d by his Majesty the King of NAPLIS I That is the dire alternative placed before the rulkers of this great ompirs...this empire great in its magnanimity as in its magnitude —by these pudding-headed and jolter-brained poli ticians. England is threatened with the wrath of Naples if she presumes to sympathise with the brave and generous Sicilians. We thank Heaven that this paltry and farcical attempt at intimidation—this preposterous and idiotic attempt at intimidation, has been uttered by the opponents of the foreign policy of Lord Rum ER STON. It will only offer an additional inducement to a perse verance in the only course befitting an empire like that of Great Britain. It will only impart a fresh impetus to a magnanimous effort on behalf a the Sicilians. It will only excite the Government to op pose by all the awe of British diplomacy, by all the majesty of British arms, and by all the might of British puissance that brutish and unprincipled des potism which is a disgrace to Europe, a horror to Christendom, and an abhorrence to humanity. The recent intelligence from Ireland is of a per fectly peaceable character. Every additional state ment corroborates the opinion to which we gave ex pression on Monday last, " that the capture of Mr. O'BRIEN brought the Irish rebellion of 1848 to a conclusion." We will now venture to add, that if the Executive use their triumph with moderation, there will not be the slightest attempt to disturb the public tranquillity, or again to venture an armed re sistance to the authorities. It is stated, and with apparent truth, that the Rev. Mr. MACKAY, parish priest of Clonoulty, a gentleman who exhibited the most praiseworthy anxiety to induce his parishioners and all others whom he could hope to influence, to refrain from participating in the recent movement, was charged with a mission to the Irish Government from Messrs. MEAGETEIi, DILLON, and Dortasm, who after Mr. &arm O'Buresi —Proximi sed Longo intervallo—were the principal leaders of the party who desired to effect a separa tion between the countries, to the effect that they would immediately surrender themselves provided an assurance were given that the extreme penalty of the law would not be inflicted upon any of the parties implicated in the late outbreak. Should this state ment be well founded, and we see no reason to doubt its authenticity, it would afford the most conclusive evi • dence that there no longer exists the slightestintention to appeal to physical force, or to have recourse to arms in opposition to the law of the land. We do not sup • pose that the Executive will enter into any parley with outlaws charged with the highest offence known to the law, or enter into any compromise whatsoever with them, so long as they remain at large, and keep up even the semblance of defiance to the constituted authorities. Mr. MACKAY'S mission will, therefore, undoubtedly prove a failure. But there is no reason why an intimation may not be given as to the future fate of Mr. O'Barasr, who is now a captive at the disposal of the Crown—a hopeless and unresisting prisoner. If his life should be spared it would give the strongest assurance that no person in an inferior position could be subjected to a more stringent punishment than that to which the chief leader had been made liable. This could easily be effected without any departure from the ordinary precedents. Nothing is more common than to admit a person against whom a capital charge, and one of an inferior degree, are pending to plead guilty to the minor offence, and thereupon to abandon the more se rious accusation. Such a compromise, if compromise it can he called, is of every day occurrence, and it has never for a moment been asserted that the law officers of the Crown had been guilty of any unworthy or undignified concession in receiving the submission. The. Commission is now sitting in Dublin. Mr. O'Buism might be indicted under the Treason Felony Act, for open and advised speaking, thereat, and, upon his plea of guilty being recorded, he might be sentenced to perpetual banishment. We have no doubt that such a course would be hailed with universal approbation throughout all parts of the country. There is a general feeling against the execution of any persons for merely political offences. The veteran Free-trader, the zealous and enthusiastic Reformer, Colonel PERILONET THOMPSON, gave expression to the desire of persons of all shades and varieties of political opinion, when, on Tuesday evening, he said "that he hoped we would not be behind France in the exhibition of moderation, after the resistance, such as it was, had been put down." The cheers and acclamations which this praiseworthy sentiment elicited from every side of the House proved that the popular represen tatives in this respect sympathised with their con stituencies, and that the extension of the Royal mercy to that unfortunate gentleman who so recently participated in their legislatorial labours would be received with approbation both in and out of Parliament. We have already, to the utmost of our power, advocated the same line of conduct, and if it should be adopted, we unhesi tatingly declare our conviction that the Government will have acted in the manner best calculated to effect the complete and permanent pacification of Ireland, and earned for itself the lasting gratitude of a large section of the Irish nation. The Levant mail brings Constantinople journals to the 24th, and Athens journals to the 27th ult. They contain no intelligence of importance. SPAIN. Madrid journals of the 4th have arrived. Their contents are unimportant. MADRID BOUM, AUG. 4.—Three per Cents., 19i cash ; after Boise, 19 18i cash. Five per' Cents., 11 paper ; after Boise, 10i cash. Passives, 4 papttr. Discount notes, 77* per cent. Exchange on Lon don, 60 days, 45 paper. THE FRENCH REPUBLIC. We have received the Paris papers of yesterday. M. GUSTAVE DB 1314UMONT has been appointed Envoy Extraordinary from - the French Republic to the-Court of her Britannic MAJESTY, in the room of M. DE TALLENAT, and leaves Pari s for London this day. The Journal des Debats announces that on Tuesday a courier arrived from London, bringing the official assent of the English Government to the articles pro posed by the French Republic as the bases of the joint mediation of the two powers between Austria and Sardinia. An Estafette was immediately sent off with dispatches to Mr. AMBERCROMBIE and M. REIZES at Turin, directing them to go to the head quarters - of CHARLES LB ER T and Marshal RA DETZKY, to notify officially to them the offer of the mediation of France and England, and to negotiate an armistice. Dispatches were also sent to the English and French Ambassadors at Vienna, direct ing them to offer simultaneously the common media tion of their respective Governments. The Club of the Rue de "Poiatiers has determined to support the motion for the printing of the docu ments end evidence taken before the Committee on the insurrection. _ The Club of the Institute has determined to vote against the publication'of - the documents. In the Committee of Inquiry of the Assembly, eleven out of fifteen Members are in favour of pub lishing the whole of the documents and evidence. The National Assembly yesterday rejected the amendnient proposed the day before by M. PASCAI, DUPBAT on the subject of the deposit of caution money by the newspapers, by a majority of 402 to 342. After a very violent discussion, the Assembly determined that all the documents and evidence on which the report of the Committee on the insurrec tion of June is founded, should be printed. Several of the witnesses charge CAUSSIDIERE with having given the insurgents a description by which they should know General CAVAIGNAC. General BEDBAU has had a relapse, and his life is now despaired of. The Messager contains the following on the at tempt recently made to assassinate M. TIIIERS : " There has been found, on.the flight of steps leading to the house of M. Thiers, the mark of the point from which the ball on Saturday glanced, and on calculating the angle of incidence, it may be concluded that it was discharged from a house in the Rue Neuve St. Georges. There have also been found in the house next to tha‘ of M. Thiers the traces of several balls, which must ha►e been directed at this house from a building being con structed in the Rue d'Aumale. The window which these balls touched was taken, through a mass of trees which surround it, for that of the bed-chamber of 'M. Thiers." Another journal states that eight balls, similar to that which struck the young girl, were found in the bedchamber above referred to. The Prefect of Police, in'his weekly account of the state of Paris, says that the aspect of affairs in the capital is daily, improving. The Presse states that a. courier left . Paris last night for Constantinople, with instructions to Gene ral AIIPICK, the French Ambassador in Turkey, to demand his passports and return home, if, within , twenty-four hours, the French Republic was not recognised by the Ottoman Porte. BOURSE—PARIS, JWEDNE9DAY. THREE O'CLocx.—The funds were very firm at the commencement of the Bourse, in consequence of the confirmation of the mediation of France and England in the affairs of Italy; but afterwards they became weaker on the rumour that Marshal Radetzky had entered Mi lan. Compared with yesterday, the French Three per Cents. for the Account have risen 50c. the Certificates for the Loan have mounted 600 f. For Money, the Three per Cents. have risen 25e.; Bank of France Shares have risen 30f. Belgian Bank Shares not quo ted. The Five per Cents. have risen 4 per cent.. Spanish Funds not quoted. Roman are the same as yesterday. Rothschild's Receipts have risen 4 per cent BUSINESS DONE IN FOREIGN RAILWAYS AT THIs LONDON STOCK-EXCHANGE, Ave. 9. Boulogne and Amiens, 6 1 / 2 Namur and Liege, 4 1 / 2 Northern of France, 5 1 / 2 —Paris and Orleans, 28—Paris and Rouen, 16 1 / 2 —Rouen and Havre, 7 3 %—Sambre and Meuse, 21/2. GERMANY AND THE NORTHERN STATES. AUSTRIA. RUMOURED ABDICATION OF THE EMPEROR. The Aix la Chapelle Gazette of the Bth of August, quotes the following from the Deutsche ReichtagB Zeitung of the sth : " We have just received intelligence from Vienna that the Emperor has abdicated in favour of his nephew, Francis Charles." Letters have been received at Vienna from Verona, which estimate the losses of the Austrians in the late Italian battles at 3,000 killed and wounded. PRUSSIA. There was an attempt on the 6th to renew the nocturnal disturbances on the Linden of Berlin, but the Burgher Guard and the police soon dispersed the mob. The Majority of the compositors at Berlin still re fuse to return to their work.- They appear to have plenty of funds. The cotton printers have also re solved to strike ' in consequence of their employers having refused to give work at half wages to the unoccupied portion of the trade. The workmen de mand also the diminution of machine work, and the consequent increase of hand work. _ _ It is officially stated that the plenipotentiaries of the Central Rhine Navigation Commission have re solved not to allow any steam-vessels to navigate that river, except such as plied on it before the lit of August last, and such as are now being constructed according to agreement. Accordingly, no new licenses for the navigation of the Rhine will be issued for the present. DENMARK AND THE DUCHIES. It is said that the Archduke JOHN, the Adminis trator of the Empire, has sent orders to General WRANGEL " not to recommence hostilities, as the Administrator intends sending an ambassador to Copenhagen to arrange about an armistice if the Danish Government acknowledges the Central Power (or the Provisional Executive)." •-?Ir .- ti.;t ' 7 41 % tr.' . .1. 4. 1 '... A1% 'T. 6 -, 7 ' i t ; • ii, %, , t, ;,,,.. r•n 6 .4 ' '', 41 ,1 "": ' ' . THE S UN, LONDON, HOLLAND. THE HAGUE, AUG. 6.—M. DOICKER CURTIUS, yielding to important political considerations, and re sponding to the manifestations of sympathy which have been so generally and so energetically expressed in his favour by the public, has decided to retain his p.rtefeuille of Justice, and his office of President of the Cabinet. ITALY. CAPITULATION OF MILAN TO THE AUSTRIAN S. Accounts were received in Paris last evening that Milan was in possession of the Austrians, having capitulated on the sth. The terms of the capitulation are not known. LOMBARDY AND PIEDMONT. The Journal des Debate states that a , battle was fought on the sth, between the. Piedmontese, under CHARLES ALBERT, and the Austrians under -RA DETZKY, in the neighbourhood of Milan, in which the former were defeated with great loss. The division of Savoy, consisting of 6,000 men, was cut to pieces, only eight officers, it is said, escaped with their lives. CHARLES ALBERT, after this defeat, retreated to Milan, and is now, it is said, shut up in that city. Prince EUGENE, of. Savoy, has issued a decree or dering a levee en masse of the whole Piedmontese population for the defence of the country. NAPLES. The following appears in the Patria of Florence of the 2d inst., under date of Leghorn the Ist :—" A steam-boat arrived from Naples, announces that the English fleet presented itself before that city, desiring that the Neapolitan fortress should first salute its flag, and giving two hours to the Neapolitan Go vernment to decide. The same time was given to the KING to release the Sicilian prisoners taken by the Neapolitan ship under British colours. The fleet had claimed 450,000 ducats as an indemnity for the damages of British subjects at Naples on the 15th." MARKET NEWS.-(THIS DAY.) 1724WG8TE D 36Z ELD E 2,13 A LL. We had a slow demand for each kind of meat to-day, at but little alteration in prices. Beef from 2s 8d to 3s 8d ; Mutton, 3s 8d to 4s 8d ; Lamb, 4s 4d to 5s 4d ; Veal, 3s 4d to 48 4d ; and Pork, 3s Gd to 4s Gd per Blbs by the carcase. MONEY and COMMERCIAL NEWS. CITY, ()PARTICI? TO 7 [FREE. The Cotton Market at Liverpool yesterday was heavy. Sales 3,500 bales, all to the trade. American realised 44d. to 54d. per lb. Former rates were generally maintained, though buyers had a slight advantage in some instances. Railway Shares stilt had a downward tendency; the business doing was small, and prices were heavy. The accounts from abroad received to-day are of an interesting character. Private communications from German merchants state that from the support which Austria hopes to receive at the hands of the German Confederation, there was some reason to doubt whether the terms proposed by England and France, if at all liberal to Lombardy, will be accepted, Marshal Radetz,lty being now in a position to dictate. The possible calamity of an European war may however have a great influence, and we have a right to look to the brightest side. How the Danish matter will eventuate no one can tell, the letters re ceived stating that active preparations fur war are still prosecuted. There is mention made in the advices received to-day from Belgium, of an intended rapprochement between Holland and Prussia, by means of a commercial treaty. Such, it is conceived, must prove highly injurious to Belgium, which will have to regret the non cultivation of stricter relations of trade with Holland, according to the apparent inclination of the latter power, and even the offers made. The premiums , established by the French Republic, in its decree of the 10th JUEe last, upon manufactures exported, are likely to produce the effect always to be anticipated in such cases. The Zollverein States, it is reported, will raise materially the duties upon textile and other French manufactures, and as early, it is said, as next month. The Corn Market is likely to rule duller to-morrow, and the return of flue weather operates decidedly upon confidence in mercantile circles. The Consol Account is being arranged to-day, and there is a very heavy centango, the money prices not being higher than 86i 1, while for the September Account 861 to 87 has been paid. The pay- ments take place to-morrow. The weather and foreign politics will now rule the market, and possibly act in antagonism, Quarter per Cents. have been T B h 7 e l N to ew i TEhrxeceh ealiqdue-ar: bills have been 40e. to 425. premium for those of June, and India Bonds 28s. to 325. premium. During the account Consols have been as high as 89i, and as low as 85k. The Foreign Securities are quite neglected. Spanish Three per Cents. have been 211, Mexican 161 to 16i, and Brazilian 71. Dutch Four per Cents. have been 69 to 69i. Railway Shares may perhaps be called a little steadier, but there is very little doing, and no appearance of buoyancy. These, however, are securities which ought to be directly affected by fine weather. ONE CLOSING „„cls OF iiRITISTI FUNDS. O'CLOCK. PRICES. 3 per Cent. Reduced Atms, 8 6 34% Si 8634 3 per Cent. Consols Annuities 8 6 3 / 44% 861 4 New 3 1 4 per Cent. Anns....- . 8 7 1% 4i% 87% LLongAnns. to expir e J an.1860 Ditto, Oct. 10, 1859 ..... India Stock India Bonds, 1,0004 ..... 2B p 32 p Ditto under 1,0004 ......._ 32 29 p 29 p Consols for Account 8 6 3 /4 87 86 3 / 4 86% t,xchequer Bilk 2%d. & 2d. 1.0001. March 4O 42 p 39 p 1,000/. June ..... - ..... .... 500!. June Small, March .. 39-p 39 p Small, June .... .... 34 p ;14 le PRICES OF FOREIGN FUNDS. 1 " -E CLOSING O'CLOCK. nucEs. Brazilian Bonds • 7l 71 Mexican, 5 per Cent. 1846 — Ditto, Account 16%% 16 3 4 Spanish 5 per Cent. 1840. Ditto, 3 per Cent ' in 21% Dividends on the above payable in London. Belgian 4 1 ,! per Cent .. 67 Dutch 2% per Cent., 12 Guild.... 43% 43% Ditto, 4 per Cent. Certificates 69% 69 69 I'RICES OF BUSINESS DONE CLOSING RAILWAY SHARES. PAID. AT ONE O'CLOCK. PRICES. Aberdeen 5O ...... Amber. Nott., Boston, and Eastern Junctioa 3 3 4.-- Ayrshire and Galloway.. 2% Belfast & County Down 16 ...... -- Birmingham and Ox ford Junction .... ... 20 Birmingham, Wolver- _ _ _ , hampton, and Dudley 10 ;.... 14 1 ,4 1414 Birming., Wolverh'pton, - and Stour Valley 13/. 145..: Birkenhead, Lancashire, - and Cheshire Jung 10 ...... ••• • ••••••••• Boston, Stamfd & Birm 5 Bristol and Exeter...... 85 . ... .. . Ditto, Thirds .... .. ... 25 - Lucking,hamihire... 14/. 4s. ~..• Caledonian .. Ditto. Half Shares .. 8 3 4 l 3 /4 x n 1 :: a xn Do. New 101. Pref..— 8 Ditto,ClydesdaleJunc 50 Chester and Holyhead... 47% Ditto, Preference.— 15 Clarence Do. Ist Class, 6 per Ct. 10 Do. 2d Class, 5 per Ct. 10 Do. Governnieui Loan, 4 per Cent. Direct London & Ports- mouth Dublin and Belfast June. 30 Dundalk & Enniskillen /7 1 ...... — East Anglia, 25/., L. & E. and L. and D...... 25 ..... _ Do., 3/. 10s. Eastern Counties........ 20 ...... 14%1A34, 14% Do. New Guaranteed 6 per Cent. Ditto, Extension, 5 per .• - • Cent, No. 1 .. 61. 13s. 4d... Ditto ditto, No. 2... 61 . 13 s. 4 d... -.- Do. North. & Eastern 50 _ Do., 5 per cent. : ..... 50 ... .. 51% Do. Quarters ......... 12% _ Do. New ............... 23 ...... —• Eastern Union, Class A (late E. U. Shares) 25 — Ditto, Class A, ditto... 1 ...... _ Ditto, Class B (I. & and B.) 2O _ Ditto, Class C, ditto... 17%. .... _ Do: Scrip (6 percent.) 10 ...... .'''' .. ..« — Ditto, ditto ... ......... 20 ...... _ Ditto (C. & E.) guar. 5 per cent.-- ...... 2 1 ..... East Lancashire 17 Ditto, New ........ .... 19 ..... ._ _ . Ditto, New Quarters 6 Do., 6 per Cent. Pre ference Quarters ... 24 ...... _ East Lincolnshire ...... 23 ..... _ Edinburgh and Glasgow 50 ...... __ .. Ditto, Half Shares ... 15 .. ~ — Ditto, Quarter Shares 12 %...... _ - Edinburgh and Northern 25 ... ... _ Ditto, New.. ............ 61/...... _ Ditto, Newport ......... 13 Ditto, ditto, New 3 3 / 4. .... _ Exeter,Yeovil, & Durch. 2% Ditto, New ....• ....... 2% . ~.. ._ Glasgow, Dumfries, and Carlisle Glasgow,Kilmar.,& Ayr 50 ..... , _. Ditto, New ... ..... ..-. 40 ...... _ Do. Preference Congo'. 15 ...... • ....... • ••• . Great Northern ......... 15 ....„. 63,i 6 Do., London and York 2%...... .2 Treat South. and West. (Ireland) ..- ........... 42%...... Great North of England. loo ... _ ... Ditto, New, 401. ..... ... 15 66 x.d. Ditto, New, 30/ .... . .... 30 ...... _,. Ditto, New, 151 ......... 1114.. .. Great Western ............ 90 ... .. _ Ditto, 1 4 Shares ...... 50 Ditto, 1 2 Shares ...... 21 .. ••• 19 3 / 4 ....... ... Ditto, Fifths. ........... 20 Ditto, New 17/... ..... 13 ... .. _ Huddersfield and blanch. 28 ...... _ Ditto, Thirds ......... 9 ..... __ Hull and Selby ......•. 50 ..,... Ditto, Half Shares ... 25 ...... Ditto, IA Shares . . ... 12%.;'... Lancaster and Carlisle... 50 Ditto, Thirds ......... 10 Lancashire & Yorkshire 93 ..... Ditto, ditto Ditto, 1 / 2 Shares ...... 43 ... .. _ _. Do. Quarter Shares... 17 1 / 2 Do. Fifths.... ...... .... 9 ...... Do. Sixteenths 6 14 Do. Thirds (Reg.)....;;• 13 ..... Do. New, Gua.6 per ct. 2% ...... 3 1 4.. 3% Do. Liverp. and Buiy '43 ...... Ditto 1 ,4 (late Ilud derstield and Shelf.) 38 ...... '• ......••••• ''''' Do.(Wakefield,Ponte tract, and Goole) ... 50 ..... • Do.( W. Riding Union) 6 ....• ••••••••••••• '• Do. (Preston & Wyre) 2 5 ...... 34. 4 3 4 3 /4 D 0.% Shares ( A)... 9 4...... - - Leeds and Bradford 5B ...... Leeds, Dewsbury, &c.... 50 .••••• Do., Half Shares 22E4 ...... ••• — Do., (blue) Scrip.... 234••• •• Leeds and Thirsk Ditto, New ...... ..- 3O ...... ...• ••• — Do., Prefer., 6 per CL 34•••••• Liverpool, Crosby and Southport . 3 14 2...•.. Liverp., Manchester, and • - Newcastle Junction... 2 1 h. , •••• London &Blackwall...l3/. 65.8 d.... 4% 4% Do. Extension ..... ... 22 1 / Q .• •• •••••• — London, Brighton, and South Coast Do. Consol. Eighths. 40 Do. G uarant. 5 per CL., 9 •••••• ••• ........... Do. Pref. Con. b per ct. 50 .. —.— ••• ............ Ditto, ditto.... 1852 50 -............— Ditto, New Si., guar. 6 per cent. _ 3 London and Greenwich 12/ lbs 4d — ............ ''' Ditto, Preference... 18, 173 2d London and N. Western 100 .....124 123 1 4 .. 123 Do. Quarters (L.& B.) 22 .... .. -- 7 3 1 ... 7% Ditto, New Ditto, Fifths ..... .. .. 2 •••••• 7 i ii ... Do. 401.Shares(L.M.) 20 ...... Do. 101. (M. & B.) A. 9 •••••• Do. 10/. (M. Si. B.)13. 9 ...... 10% 1 0 34 Do. 10/. (M. & B.) e. 1 ••• •• 31 /e"• .. 3 iyi Lo D n o d . . & Ne S w .W s 7 . ter . n .. ..... 50 4 .. .. ... .. 4 f/le:••••••• ••• • • 45/2I 82 Do. New 401. .. 94 ..•••• Do. Tenths (Consol.) 50 .••••• ••• •••• ••••• Ditto ditto 40 •••• - •—• •••• Ditto. Thirds 11/.135. 4d... --dis. Do., New Scrip, 1848; Pref. 7 per Cent. on Deposit, and 5 per Cent, on Calls ... 1/. 13s. 4d... London, Salisbury, and Yeovil Londonderry&vo`'.le7a.inT; Londonderry and Ennis ki!len ....•..... .. 25 ...... ... ..... ..., Lowestoft (4 per et.) ... 20 Ditto (6 per ct.) ..... 3 Nlan::hester,llus.ton,and Matlock. ..... rilaneliester, Sheffield, and Lincolnshire ...100 Do. Quarters (No. 1) 18 • Ditto ditto (No. 2)... 25 Ditto ditto (No. 3) ... 7% — ..... ..... .. Ditto, New 101. Pref... 10 Ditto, Gt.iirimshy ... 35 - •..••••• ...... Ditto ditto . ......... 11 Ditto ditto Ditto Sheffield and Lincolnshire . 12 1 ,x. Do., Grimsby Dock... 17 1 ,Z — Do. Blanchester and Lincoln: Union..... 41.25. Manchest. & Southampt. Midland ........100 Do. Consolidated Pref.loo Do., do., 501. Sharec,„.. 20 Do. ilirm., and Derbyloo D‘).Consol. Bristol and Binning., 6 per ct.... 100 ll7 Ditto, Brist. & Glocstr. 38 Ditto, ditto ... ...... 14/. 18s — Ditto,Leicest.& Swan ninglon, 8 per ct.guar.loo Midland Great Western Irish Uiddlesbro' and Redcar, 6 per cent. guar. N ewcastie andCarlisle...loo Do. Quarters 25 N mmarket .....,.. . 20 117% Do. Extension .........21. 125.... Newport, Abergavenny, and Hereford 6 ...... Newry and Enniskillen 7 •••• ..... ..... Newry, Warrenpoint, and Rostrevor .. 17% — ........ Norfolk .......... ...........100 Do. New 201. .. Do. Extension 5 p ct. 20 Do. Guaranteed 5 1 / 2 pc. 5 Do. do. Waveney Val. 2 Northern Counties Union 4 North British , ... 25 21% Ditto, Halves Ditto, Quarters; Ditto, Extension ... Ditto, Thirds .... .• North & South-Western 2 North Staffordshire l2 y 2... .. North Wales . 3 l /2 North-Western ..... Oxford, Worcester, and Wolverhampton ...... 45 Reading, Guildford, and Reigate Royston and Hitchin 1% Scottish Central Scottish Midland Ditto, New .. l 7 l / 2— .. Sheffield, Rotherham, & Goole (Nor. Div.) Do. do (Sou. Div.) ... 4 Shrewsbury and Birm... 9 Ditto ditto, Class B. 5 Shrewsbury and llerefd. 2 Shrewsbury & Chester (Nor. W. Min.) l6 Ditto Halves ... ditto 8 .. .............. Ditto Oswestry ...... 16 Ditto New Do. 8 per Cent. Pref lO Shropshire Union South Devon Do. Preference South Staffordshire 5 14 ...... ..••••.. 'outh Eastern Do., No. 1 Do., N 0.2. .. 22 ..... . Do., No. 4 Thirds . ... South Wales 23 South Yorkshire, Don caster, and Goole Swans. & Loughor & Ca- meron's Stni. C0a1.... 6 raw Vale Extension ... 6 Thames Haven Dock 21 3 4 6 22% 114 24th and Railway ..,........ 17 1 A...... Vale of Neath -. .. Waterford and Kilkenny 15 1 ,.,.... .. — Waterford and Limerick 45 Watertd,Wxfrd,Wicklw, and Dublin Wear Valley 6 per Cent. Guaranteed ... .. ...... 42% — - Do. do. do. ... 25 Do. do. d 0.... 7%..... W' est Cornwall --- West London Do. Do. Ist Class ... 20 Do. Do. 2d Class ... 20 Whi tehaven & Furness 13 Windsor, Staines, and South Western ..... ... 9 1 / 2 ...... Wilts, Somerset, & Wey mouth ........ ........ 35 • lB% lB% York, Newcastle, and Berwick. Do. Original New and Berwick .. Do. Extension No. 1. 15 Do. do. No. 2......... 10 - ......... --.• Da. G.N.E.Preference 8 York and North Midland 50 Ditto, Preference ...... 10 Do. East and West Rid ing Extension FOREIGN RAILWAYS. Boulogne and Amiens... 20 -.... 6N, Central of France (Or leans and Vierzon) ... 16 Ceylon Demerara 1 2 14 ••• L)endre Valley, 4 Direct Bombay and Madras Dutch Rhenish East Indian 3 l /4 — ...... „ .... . Great Indian Peninsular ss. •.. Italian and Austrian.... 4 Louvain Ila Sambre ... 7 1 / — Luxembourg.-- ......... 7 Madrid and Valentia... 2 Namur and Liege 2O ... .. Northern of France lO _ 5% Orleans and Bordeaux 6 Paris and Lyons ll ..... Paris and Orleans Paris and Rouen ... ..... 20 ..... Paris and Strasbourg ... 8 ••• ••• le •••• Rouen and Hare Sambre and Meuse 81 1 4 8 "(i, 2% LLOYD'S SHIPPING—(THIS DAY.) LONDON, AUG. 10.—Wind W. S. W., light breeze and fine. PORTSMOUTH, AUG. 9.—Wind W. to N. W.—Sld. Tudor, Say, Cape of Good Hope and Calcutta. PLYMOUTH, AUG. 9.—Wind S.W. —Sid. Civility, Beale, Prince Edward's Island. FALmounr, Au°. 9.—Wind W.S.W.—SId. Bth, Henrietta, Surinam ; Courier, Rio Janeiro. LIVERPOOL, AUG. 9.—Wind N.N.E. to W.N.W.—Arrd. Safeguard, M`Cawley, Pernambuco ' • Fidelia, Yeaton, New York; George, Henley, P ugwas h ; Coromandel, Hubbock, C.B. ; Laurel, Sydney, Miramichi ; Margaret and Ann, New foundland; 9th, Swatara,• New Orleans; Joseph Porter, Reed, St. Stephens, N. B. ; Symmetry, Thomson, Quebec ; Ticumoch, ditto. Sld. Bth, Iforsburg, Callao; 9th, Bellairs, Rees, Calcutta; Echo, Bi c kf or d, N ew f oun dl an d . MUMBLES, AUG. 7.—A quantity of wreckage, amongst it a green chest, apparently but recently in the water, was passed 6th inst., twenty miles W.N.W. of Lundy Islands, by the Selina, Green, from Swansea to Falmouth, put back to this - place. A large ship's bowsprit, broken in the knight head, and apparently but a short time in the water, was passed by the Adelaide, from Swans ea t o N or th am , w hi c h put back here yesterday, after having been forty-five West South West of Lundy Island. PARISH OF KENSINGTON.—At a meeting of the parishioners of St. Mary Abbot's, Kensington, held yester day, a memorial to the Government was adopted, praying that the parishes of Kensington, Chelsea, Hammersmith, Fulham, and Chiswick, should be constituted a borough, and represented by two Members in Parliament. APOLOGY FOR,SMITH O'BRIEN.—The courage of Mr. Smith O'Brien in slinking, under the fire of the police at Boulagh-common, among the cabbages in Widow Cormack's garden, may be questioned, hut it is to be remembered that the hero, if he crept out of the way of the bullets, betrayed no fear of the slugs.—Punch. CRICKET. —The match between the Eleven of England v. Fourteen of the county of Surrey, which was commenced en Monday, was brought to a conclusion yester day, at the Kennington Oval. On each day there was an assemblage of several thousands of spectators, and as the game progressed towards its termination, the excitement arrived at a height which is not easy to describe. Few matches have been played wherein there has been so brilliant a specimen of the finer beauties of the science displayed. By all those to whose names long scores are attached, the hitting was of the most magnificent character. The follow ing was the state of the score :—England, first innings, 129 ; second ditto, 77 ; total, 206. Surrey, first innings, 131; second ditto, 76 ; total, 207. Surrey won by eight wickets. THE ALLEGED MURDER IN ST. LURE'S.—Yes terday afternoon the inquest opened at the George, Old street, before Mr. Baker, coroner for Middlesex, touching the death of Amelia Merrick, who it Was stated had died from the violence of her husband, was resumed and conc l uded. The jury returned a verdict cf " Manslaughter" against the husband, William Merrick. MELANCHOLY ACCIDENT.—FOUR MEN DROWNED. few minutes before twelve o'clock on Friday night, as the Thetis (steamer), from Belfast, was coining up the Clyde, when about a mile below tge Cloch, one of the watch observed a small boat, with four men in her. Ile shouted to them to move out of the way, but they paid no attention, and before the steamer could be backed her bows caught the sail of the small boat, but merely turned her about a little, and in another second or so the boat was beneath the larboard paddle, and crushed to pieces. As soon as the Thetis could be stopped her boats were lowered, and the steamer remained in that spot fully an hour in order if possible to get the men saved, but no trace of them could be found, and of their boat only a few frag ments were picked up. The night was very dark, and it was possible the unfortunate men might not have seen the steamer; this is, however, very improbable, as a great quantity of flame gene rally issues from the funnel of the Thetis, which would make her distinguishable at a considerable distance, even on the darkest night. It is therefore conjectured that the men were either intoxicated or asleep. There was no sound whatever heard from any of them, except when the boat was just beneath the steamer's paddle, when something like a sharp cry was heard. One of the men, it is supposed, was Dun can Cook, who had been previously, for a long time, in the police force of this town ; another was one M`Farlane, a spirit-dealer. We have not heard the names of the other two. When they left Greenock in the even ing they had two women in the boat, whom they landed at Gourock. They were going to Rothesay to purchase herrings, and were about a mile from the shore when the steamer struck their frail craft, and sent them to a watery grave. Cook, if it be he, has left a wife and family.— North British Daily Mail. REPOI{T OF THE COMMITTEE OF THE HOUSE OF LORDS ON THE BAN!i" ACT.° (From Douglas Jerrold's Weekly Newspaper.) A heavy blow and sore discouragement have at length overtaken the bullionists. The frontless impudence of Sir Robert Peel has met with a grave rebuke: the flippant smile that played over the lips of Sir Charles Wood has departed ; Mr. Jones Loyd groans in the spirit. The House of Lords has condemned the blun derings of these pseado•economists, who are only to be compared to those who in former times displayed false lights on a rocky shore to lure vessels to destruc tion that they might plunder the wreck. The Bill of 1844, dissected with care and skill, is proved to be a rank imposition, having in practice falsified all its pro misee. Contrasted with the meagre report of the Commons, that of the Lords is full, searching, argu mentative, and worthy to be called a State paper ; it contains a careful and impartial analysis of the evidence, and though we are not able to bestow unqualified praise on the commentary which accompanies that analysis, it certainly reflects great credit on the industry and inte grity of those by whom it has been prepared. There are errors in judgment which we regret to see, but which, when exposed, we hope will be retracted, for the Lords really seem anxious to avoid all mystification and arrive at truth. It appears to us that the Committee of the Peers mis took their duty when they confined their attention to the Bill of 1844. That Bill is avowedly the comple ment of the Bill of 1819, and they ought to have inves tigated the major rather than the minor problem. After an experience of twenty-five years, Sir Robert Peel himself' avowed that the Bill of 1819 was a dead failure, and therefore did he introduce the complementary Bill, as a buttress to prop up the tottering fabric. Now it appears to us that the Lords should have placed themselves on more elevated ground, to have commanded a more ex tended horizon and a more comprehensive view. They should have approached their scrutiny bearing in mind that Mr. Horner, the chairman of the Bul lion Committee of 1810, mourned over his errors before his death, declaring that " whoever attempted to set that question of currency right without taking into account and fully appreciating the new circumstances that have arisen, the vast new and additional obligations that have been entered into, since cash payments were suspended in 1797, will inflict indescribable misery on the country," They should have re membered the dying declaration of Mr. Ricardo to his friend Sir William Heygate couched in these memo rable words—" Aye, Heygate, you and the few others who opposed us on the cash payments have proved right. I said that the difference at the most would only be five per cent., and you said that at least it would be twenty-five per cent." These are sounds of repentant voices speaking from the tomb, calling on the living to repair the unintentional wrongs inflicted by the dead, and they should have had their due weight with the Committee. Mr. Horner and Mr. Ricardo were the real authors of the Bill of 1819, which they ultimately repu diated ; as to Sir Robert Peel, he has always lived on the ideas of others; from the two gentlemen men tioned he copied the monetary system which passes under his name, and as the founders of it con fessed the gravity of their mistakes, all that once conferred authority has become null and void; the Lords, therefore, it seems to us, ought to have investigated the principle of cash payments as embodied in the Bill of 1819, rather than the appendix or complement to a con demned measure, the details of which only aggravate the mischiefs of a system which its real authors had long since pronounced destructive of the welfare of society and dangerous to the institutions of the State. Their Lordships should also have enlarged their Judi ' cial thoughts by bringing to the aid of their intellgenee the arguments used against the Bill of 1819 when debated. The late Lord Ashburton, for instance, uttered a most suggestive truth when he said "No country before presented the continuance of so ex traordinary a principle as that of living under a progressive increase of the value of money, and a de pression of the productions of the people." This sen tence does indeed solve the problem, why the " rich grow richer, and the poor grow poorer," and why usurers flourish where honest industry is ground to the dust. It should have been fresh in the memories of their Lordships that the experienced Mr. 11. Gurney observed " Shift the matter as you may, the question before the Committee comes to this, will you at this moment indefinitely in crease the weight of your taxation and diminish the means of bearing it ?" Here is shadowed forth in pro phecy what has become fact—periodical distress of the most aggravated form, civil commotion, ever-re curring bankruptcies through sheer misfortune, and an annual poor-rate not falling short of 7,000,0001. sterling. Their Lordships ought to have had present to their minds the warning words of Mr. Att wood, when he said, " High prices and an abundant circulation were necessary; but neither could exist per- manently in conjuaction with the low price of gold, which this Bill attempted to fix. This was the source of all their difficulties; and all measures of relief founded on other views, as would those which were now pro posed, would lead them only to evils more complicated and to greater dangers." The prediction has been veri fied in a thousand forms. Had their Lordships entered upon their labours with a full knowledge of these facts, had they contemplated great principles,. and taken an historical retrospect of the last quarter of a century, we think they would have enlarged the sphere of their usefulness, by holding up to national indignation a monetary system destruc tive of credit, trade, and commerce—which has added 50 per cent, to all public and private obligations—which has cut down wages and profits, while taxes have in creased proportionately as the means of paying them have been diminished—a system which places in constant and imminent peril the very exist ence of the monarchy, and by driving hungry millions to fury necessitates the augmentation of a standing army, the enactment of penal statutes, and places the sword and the musket in the hands of the policemen in addition to the customary truncheon. But we are grateful tor what the Lords have done; and it is because they have done so much, that we entertain the hope they will examine this ques• tion of questions more minutely, and do still more. We proceed circumstantially to their report. It will be remembered that one of Sir Robert Peel's solemn predictions in 1844 was that his complement Bill would for ever change the nature of man and put an end to speculation. On this presumptuous and stupid boast, the Committee have pronounced the following stin t ing condemnation : " To those who anticipated that the Act would put a check OR improvident speculations, the disappoint ment cannot be less, if reliance is to be placed (as the Committee are confident it may) on the state ment of the Governor of the Bank and other wit nesses, .that ' speculations were never carried to such an enormous extent as in 1846 and the beginning of 1847: If the act were relied on as a security against violent fluctuations in the value of money, the falla ciousness of such anticipation is conclusively proved by the fact, that whilst the difference between the highest and lowest rate of discount was, in the calaanitious years 1837 and 1839, but 2* to 2 . I per cent., the difference in 1847 rose to 61. Ittwas of i contemplated that the 'number and extentcom mercial failures would have been lessened, the deplorable narrative of the Governor of the Beek, recording the failure of thirty-three houses comparatively i n large business, in London alone, to the amount of 8,129,000 1 ., is a conclusive reply. If the enormous extent to which railroad speculation has been carried, be considered as an evil to which a sound system of banking could have applied a corrective, such a cor rective has not been found in an Act, since the passing of which, during a period of three years, an in creased railway capital of upwards of 221,0001. has been authorised to be raised by Parliament ; and when the enormous sum of 76,390,0001. is stated on high financial authority to have been actually expended, on railways, iu two years and a half. If the power of obtaining banking accommodation on moderate terms, were consk:ered to be promoted by the Act of 1844, it cannot be said that this important object has been attained, since it appears in evidence that in 1847, in addition to an interest of 9 or 10 per cent. a com mission was also frequently paid, raising the charge to 10, 20, or 30 per cent., according to the time which the bills had to run." Rare pickings these for the usurers, who must surely venerate the names of Peel and Jones Loyd, the authors of the Bill of 1844, which placed in their hands the power of a Shylock without the danger that accompanied its exercise. We question if Cardinal Ximenes that, Dominican monk, who founded the Inquisition, and Tor quemada, who first ascended its bloody throne, inflicted bitterer tortures on Spain than Peel and Loyd have in flicted on this country, albeit the weapons were different, the one lacerating the body, the other the heart. How many homes have been rendered desolate, how many have sunk into premature graves from broken hearts, how many have been bereft of reason and perished in a lunatic asylum, by that re turn to cash payments whose victims are recorded in 1816, 1821, 1825, 1832, 1837, 1839, and 1847 ? From the closing passages in the paragraph we have extracted from the report, the industrious classes may learn why their wages were reduced, and why they were thrown out of employment; and they who chronicle the statistics of crime may there also be taught a lesson they have overlooked, that usury first rob bing labour urges the arm of labour to violence and the plunder of property. And yet Sir Robert Peel is the unblushing champion of usury, for he asked in insolent triumph, last November, in the House of Commons, why 10 per cent or more should not be taken for money, if money were worth that interest? but he screened the important fact that he had limited money by Act of Par liament to bits of bullion, and thus made an artificial scarcity the cause and the justification of the shameless extortions be defended. It is provided by the Act of 1844 that the Bank of England shall only hold one-fifth of silver bullion to four-fifths of gold bullion. The legal standard of the continent is silver, so that a store of that metal at home would always be available in paying the balances of foreign trade; that would relieve our merchants, but it would cripple the gains of the usurer, so the framers of the Bill introduced the proportions mentioned, that they might more effectually sacrifice the bees to the drones. Silver is only a legal tender to the amount of 40: , .; so that a man far wealthier in silver than his neighbour is in gold may be driven into the Gazette, poor in the midst of plenty, and as able to meet his engagenarnts, as Jones Loyd is to take up his acceptances. On this most monstrous regulation Mr. Cotton, Governor of the Bank of England, gave the following evidence:— "Merchants from the Pacific, whose returns are very much in silver bullion, found when it arrived last spring, that there was no market for it here, and that they had to send it over to Paris for returns in bills of exchange, and when they came back there R as a difficulty in dis counting. The interval lost, which is about six weeks, * It is understood that Lord Monteagie, form erly a bullionist, and now half converted to sounder prit drew up the report, MEAT MARKETS. SournaLL, AUG 9.—Prime Beasts, Sheep, and Lambs, commanded a steady sale, at full prices., In other kin's of fat stock only a limited business was doing. Beef, from 3s 4d to 4s; Mutton, 3s 10d to 4s 10d; Lamb, 4s 6d to 5s 2d; Veal, 38 6d to 4s; and Pork, 4s to 4s 4d per Sibs, to sink the offal.: iIOJiFO RD, AUG. 9.—We had only a moderate demand to day, yet last week's prices were well supported. Beef, from 3s 4d to 4s 2d; Mutton, 4s . to ss; Lamb, 4s Id to 5s 6d ; Veal, 3s 8d to 4s 2d ; and Pork, 4s to 4s 4d per Sibs. Suckling Calves, 17s to 255; Quarter-old Store Pigs,l6s to, 22s ; and Milch Cows, with their small Calf, 15/ to 17/ each. _ _ - LEWES, AUG. B.—Beef, from 3s 4d to 43 2d; Mutton, 4s 4d te ss; Lamb, 4s 8d to 53 4d ; and Veal, 3s 8d to 4s 2d per 81bs. A moderate supply, and . a sluggish demand. WILY DIALKSLETS. SMITHFIELD.—OId Meadow Hay, 31 to 3/ 17s; new ditto, 2/ 5s to 3/ 85 ; Old Clover, 4/ to 51; New ditto, 3 1105 to 4/ 10s; and Straw, 114 s to 11105 per load. A moderate supply and a sluggish demand; CUMBICRLAND.—OId Meadow Hay, 31 to 41; New ditto, 21 8s to 3/ ; Old Clover, 41 to 4115 s ' • New ditto, 31 lOs to 41 8s ; and Straw, 116 s to 11 lOs pet' load. Supply tolerably pod and trade rather dull. WIIITECHAPEL.—OId Meadow nay, 3/ to 31 16s; New ditto, 2L 5s to 3/ is; Old Clover, 4/ to 51; New ditto, 3/ lOs to 4/ lOs; and Straw, 11 43 to I/ IN per load. Trade dull at the above quotations. COAL MARKE' Buddle's W. Hartley 14s Od Chester Main lss Od Davison'sWestHartlay 14s 3d Holywell Main l4s 6d New Tanfield l2s 9d Ord's Redhe ugh Percy Bensham lss 3d Tanfield Moor Townley l3s 6d Wall's End, &c T.—YESTERDAY. 'Belmont ......... Bell Haswell Hetton Jonassohne•- ... -.. Larabton ............. 172 OA Russell's Hettoß Stewart's Whitwall Caradoe 168 5(1 Hartlepool l7s 3d Heugh Hall ..... l6s Od South Hartlepool Seymour Tees South Durham lss 51 West Corntorth Howard's W. H. Neth l4B 3(1 Od Eire Park Framwell Gate Gosfbrth . Hedley Killingworth 153 9d Riddell's lss 6d Washington Eden Main Lambton Primrose CORN AVERAGES. GENERAL AVERAGE PRICES OF BRITiSH CORN For the Week ended Agu. 9, 1848, made up from the Returns of the Inspectors in the different Cities and T•wns in England and Wales per Imperial Quarter. I WHEAT. I BARLEY. II OATS. I RYE. BEANS. I PEAS. PRICE •. I 49s id 295 ild 215 Od 29s 4d 1 358 ad 344 Yd DUTIES ON FOREIGN CORN. WHEAT. lABIET. I OATS. I ATE. 1 BEANS. I PEAS. 9s Od 8s Od 2s 61 3s Od Od 3s Od COWES, ISLE OF WIGHT. (FROM OUR OWN CORRESPONDENT.) Cowes, AUG. 9. Her Royal Highness the Duchess of Cambridge and suite landed from the Fairy yacht this even ing, under a salute from the Royal Yacht Squadron battery. Her Royal Highness was received by the Marquis of Anglesey, the Earl and Countess of Wilton, the Marctioness of Ailesbury, and a number of the members of the Royal Yacht Squadron. Her Royal Highness and the Princess Mary proceeded with Lady Wilton in her carriage to Gothic Hall. The Duke of Beaufort has taken the 7th Cottage on the West Cliff. The Duchess of Montrose is on a visit to the Earl and Countess of Glengall, at Harriet Lodge. Lord Newport arrived yesterday at York House. The Duchess of Kent and suite are expected at Pauline House to-morrow • part of the establishment and the car riages arrived to-day. A general meeting of the members of the Royal Yacht Squadron is to take place at the Squadron House on Friday. The Commodore will hoist his Hag on board the Louisa, 125 tons. ROYAL MILITARY ACADEDIT.—WOOLWICII, AUG. 9. —The gentlemen cadets belonging to the Junior, or Theo retical Class, 164 in number, recommenced t w h i e l i i r r s e t;u oi d n ie a s t3 a r a ta after the vacation yesterday.. The gentlemen cadets of the tical class, studying in the Royal. Arsenal, academy, and commence their studies on Thursday next. At e the vacation this class consisted of twenty cadets, for which number alone the quarters in the Royal Arsenal f urn i s h ed accommo dation, but extensive additions have been made, and double that number can be aceommodated. Th e c l am for the ensuing session will consist of thirty-six, the follow ing sixteen gentlemen having recently passed their exami nation for the practical class , in addition to the twenty who formed the class at the .end of the last session :—Hugh R. Higgins, Charles F. Birch, Thomas Longworth Davies, George A. Koe, James W: Greatorex, Charles Carpenter, Henry Heberden, William G. Andrews, Frederick Luard, Alexander H. Murray, John A. P. Adams, William J. St. John, Falkland Carey, William 0. Le Mesurier, Roderick Mackenzie, Robert U. R. Rowley. THURSDAY EVENING, AUGUST 10, 1848. is a very serious thing to a mercantile house; and there is another evil in it; supposing the amount of bullion held in the issue department to be in the exact propor tions allowed by the Act, with one-fifth silver, and sup posing that 400,0001. notes go in, taking the same amount of sovereigns out, that immediately alters the proportions, and the issue department must necessarily sell silver bullion to keep the proportions right, and thus reduce the circulation another 100,0001. to keep up the proportion." . The Committee concur in these opinions, and recom mend a change, but to what extent does not appear from the report. _ . Several of the witnesses examined attributed the pres sure felt in 1847, and the panic which succeeded, to the publication of the accounts in the manner prescribed by the Act of 1844; and the Governor proposed that the rule should in future be relaxed, so far as related to the Bank reserve. To this exception the Committee, and with reason, thus argumentatively express their dis sent:— The suggestion made by the Governor of the Bank, of publishing the whole accounts with the exception of the reserve, appecrs wholly inadmissible. Such accounts must necessarily furnish the elements or data from which the amount of reserve may, with a greater or less degree of accuracy, be deduced or inferred. If the amount of reserve could thus be accurately calculated, the proposed remedy would be no corrective of the sys tem complained of. If the amount of reserve were to be inferred inaccurately, such a proceeding would be an aggravation of the inconvenience rather than a safe or effi-ctual remedy. It would appear more in accordance with legislative wisdom to reconsider the rule itself, against which there can hardly be stronger presumptive evidence than the suggested necessity of concealing the consequences to which it leads." We now come to the most important clause in the Report, and on which we must pronounce the most un qualified condemnation. It runs thus:— " The Committee feel, in common with every witness examined, the duty and obligation of maintaining at all times the practicable convertibility of the bank-note. This they consider to be the first and most essential object, which, in all discussions like the present, must be constantly kept in view, both by the Legislature and by those who direct the banking operations of this commercial community. Upon the practical enforcement of this principle, not only does the public and the private . credit depend, but-the whole industry of the productive classes and the wages of labour."' Tho bank-note is either money, or it is not money. If it is money, what use is there in converting equivalents into equivalent;? If it is not money, discard its use wholly, for why allow a fraudulent instrument, an ad mitted imposture, to obtain any currency whatever? Their Lordships have here lost sight of that "legislative wisdom" to which they appealed, when refusing to exempt the Bank reserve from publication. If con vertibility is to be the law, how do their Lordships reconcile it to their consciences to permit the Bank of Negland to issue 14 millions of notes, on the sandy foun dation of a debt due by the country to that establishment, not-one of which notes is convertible? or still stronger, why do they allow the country bankers to issue eight it millions of inconvertible paper, which do not even re pose on the colourable rottenness of a debt? The truth is that while Sir Robert Peel in his speech of 1844 com menced by defining a " pound" to be 123 grains of gold, and insisted that the obligation to pay a " pound' ad mitted of no other construction than the tender of 123 grains of gold, by which he understood convertibility, he completely falsified his own principles and his own defi nition when he allowed the Bank of England, the coun try banks, the Irish and Scotch banks, collectively, to put into circulation 31 millions of paper promises to pay, without taking the security of a grain of bullion to that amount. It is only over and above that amount that these establishments are bound to retain gold in their coffers, so that the pretext of convertibility is a juggle and a fraud. Moreover, their Lordships are deluded by the ambi guity of- the word they h ave use d. If they mean that the note should be convertible into merchandise, at the market price of merchandise, the word "convertibility" is used in a proper sense; but if they mean, as they ob viously do, that the note shall always be convertible into a definite weight of gold at a fixed price, whether gold be abundant or scarce, cheap or dear, then have they fallen into a most lamentable blunder. We may take 123 grains of gold, stamp it, decorate it with the effigies of Queen Victoria, or of Britannia, or of St. George and the Dragon, put it into a circular form, and mill the edges, hut we have not changed its intrinsic value or the character imposed on it by nature; it is still a bit of bullion, an article of merchandise, a commodity fluctu ating in price under the law of supply and demand equally with every other commodity. Is it not then grossly repugnant to common sense to affirm that the - price of au ounce of gold must be the same whether the Bank holds one hundred ounces or ten thousand ounces? yet this monstrous error lies at the very root of the doc trine of convertibility as taught by the bullionists. Is it desired to preserve the invariability of the pound by this blundering in a fog? Why, the Lords them selves have given it as their opinion that no such invari ability exists when they condemn the Bill of 1844 on account of the fluctuation in the rate of interest which we have quoted. If at one time I can get the loan of 1001. for twelve months on paying 3/., or fifteen dwts. of gold, and a few months. afterwards I must pay 61, or thirty dwts. of gold for the same accommodation, what becomes of the invariability of the gold pound? On the average of the six weeks ending 17th June, 1847, wheat was 9.3 - .;. 9d. per quarter; at the same dates for 1848, wheat was 465. 101 per quarter; so that this year a gold pound in purchasing power is equal to two gold pounds of last year. The doctrine of invariability is, therefore, a transparent humbug; so also is the convertibility, of gold into wheat or any other merchandise at a fixed and unfluctuating price. We have extended our limits; perhaps the importance of the subject may be pleaded as an exeeuse. It is dif ficult to be silent when we see hereditary legislators, and ckctive ones too, attempting to change the laws of the only excuse that can be offered for their folly is their blindness. They know not what they do. They are destroying trade and fostering rebellion. They starve the poor, and swell the poor rates. They fly for support to soldiers and police. They play the game of the usurers and strangle industry. We .warn their Lordships of the precipice on which they stand; if they ere despoiled of their estates, they will only have them selves to blame. The working classes are now studying the money laws more intently than may be suspected; when they are enlightened, the hour of retribution will not be distant. TO THE EDITOR OF THE SUN. SIR,—If I dare intrude on your valuable time, I would wish to call the attention of the immediate inhabitants, and those interested in the suppression of such nuisances, to a very great one existing in Newcastle -street, at the corner of Wych-street, Strand. On the spot to which I allude there are three street gratings, opening into the sewers, constantly emitting such an effluvia that any one passing that way, as I am in the habit of doing, must be painfully aware of, and u if to make the nuisance the greater ; there bas lately been in serted another outlet in the centre of the-street; in addition to this, there is no sewer for some distance up Drury lane; the water thus flowing such a distance, collects a quantity of filth on its way to the- spot, chokes the drain, and the water thus flows down the street instea , l of passing into thesewer. If I might urge anything as to the baneful effect of such a vile nuisance, I would mention the significant fact, that while at one corner of the street flourishes a gin-shop, at the other a baker's vainly endeavours to raise its drooping head with an apology for intruding thus much. I remain, your obliged servant, H. HARDING. 1, New Inn-buildings, Aug. 10. THE WEATHER.—The weather since our last has continued of a very unpleasant and unseasonable cha racter. The temperature has been low, the maximum having been on Saturday 65 deg., on Sunday 63 deg., and on Monday 63 deg ; and rain has descended during a great part of the time, both heavily and continuously, no less than 1-71.5 inches of rain having fallen on Friday, Saturday, Sunday, and Monday. Saturday was throughout gloomy, and some long and heavy showers fell during the day and the following night. The early part of Sunday was gloomy, and in the suc ceeding part of the day it rained nearly continu ously. The morning of Monday was showery ; the afternoon and evening were, however, fine and clear. The early part of yesterday was gloomy and some rain fell; the evening, however, was fine. The returns from various places, by eledric telegraph, show that at seven o'clock yesterday morning, there was a preponder ance of fine weather at the different places tbrought the country; thia preponderance was even more decided on Monday morning, so that it would appear that the unfavourable state of. the weather in Manchester has been but local :—Glasgow, N.E. very hazy ; Edin burgh, S.W. very hazy ; Newcastle, W.N.W. slight rain ; York, S.E. very fine ; Hull, S.W. by W. fine ; Nortnauton, S.W. very fi ne ; Leeds, S.W. by S. very cloudy ; Rotherham, S.W. fine ; Manchester, W. fine ; Liverpool, S. very hazy ; Lincoln, N.E. very fine ; Norwich, S.W. fine ; Brandon, S.W. fine ; Lowestoffe, W.N.W. fine ; Nottingham, S.W. fine; Derby, W. by S. fog ; Birmingham, N.N.E. very fine ; Rugby, N. fine; London ; S.E. fine; Chelmsford. S.W. very fine; Colchester, S.W. fine; Gosport, S.W. cloudy; Southampton, N.E. fine; Weymouth, W. fine.—Man cheater Guardian of yesterday. LONDON JOINT-STOCK. BANK.—A special general meeting of the proprietors was held to-day, at the Banking Offices of the company, in Prince's -street, Bank, to supply a vacancy in the direction, when Mr. W. Blunt was unani mously elected. BIRTES. On the sth i ns t., at Leo-villa, Kentish -tows, the wife of E. Huggins, Esq., of a daughter. On the sth inst., at Clapham-road-terrace, Bennington, the lady of J. Samuel, Esq., of a daughter. On the sth inst., at Portsmouth, the wife of the Rev. E. W. Milner, of a son. On the sth inst., at St. Catherine's, Dumfries, the lady of J. Lindsay Scott, of a daughter. On the 6th inst., at Duffrvn, Aberdare, Glamorganshire, Mrs. H. A. Bruce, of a daughter. DIED. Of apoplexy, on the 28th (of May, at KatagherrY, Southern India, Theodora Amelia Mary, wife of Maley Frere, Esq , Madras Civil Ser v i ce , an d e ld est d aughter o f t he Lord Vialtop of Madras. On the 2d inst., at Wydale, Emma, wife of E. S. Caylei , Esq., M.P. On the 3d inst.; aged SO, Fir Nicholas Harris Nicola, G. C. M. G. and K. H. On the 4th inst., at Wellow Vicarage, near Bath, Franc'S Kegan, wife of the Rev. Charles I'aul, vicar of Wellow. On the 7th inst., at Parson's-green, Sybella G. Hammett eldest daughter of the late J. A. tiammet, aged 18. On the 7th inst., at Hastings, aged two years and four months, Emily, daughter of D. Anderson, Esq. On the 7th inst., at Portland-place, Emma, relict of the late E. Raenscroft, Esq., aged 82. London: Printed and Published by MURDO YOUNG, ax .No. 112, Strand, Printer, at The Sun Offiee, No. 1* strand, in the Precinct of the Saior, in the egiluiir Middlesex, Thursday, August 10, 184 e. . ti • A