The Sun. — London, England, 1841-01-02 00:00:00

MORNING ED I'l ION• NOTICE " THE CHINA SUN" IS OUT OF PRINT. But will be Re-published in a short time, with the NEXT NEWS from CHINA, which is daily expected. N.B.—Parties sending Orders for the Map will receive it with the Latest News, on the day of the arrival of the Overland Despatch from India and China. IN PROGRESS, THE RAILWAY SUN. With a MAP of all the RAILWAYS in the United Kingdom ; containing all the STA TIONS on each Railway, and a great variety of Information and other particulars connected with Railways. THE CORONATION SUN, PRINTED IN LETTERS OF GOLD, WITH A BEAUTIFUL PORTRAIT OF lIER MAJESTY THE QUEEN, Can be sent by post free to all parts of the Empire. Price SIXPENCE. Sun Office, 112, Strand, London. MONUMENT TO LORD HOLLAND. As no man ever lived more honoured and beloved than the late Lord HOLLAND, and no man ever died more sincerely lamented, a natural and anxious desire hits been ex pressed, that his memory should be marled by some TES TIMONY of respect, esteem, and affection. The following persons have sent their names for the purpose of giving effect to the general wish of paying a due tribute to memory so loved and respected : H. R. 11. Highness the Duke of Sussex A:5l The Duchess of Inver ness Benj. Currey, Esq £lO 0 John Allen, Esq. 5O 0 Isaac L. Goldsmid, Esq lOO 0 C. G. Beauelerk, Esq 3O 0 Christian Dill, Esq 2 (I Chas. Baring Wall, Esq 2O 0 Wm. Ord, Esq., M.P 26 5 Stephen Moore, Esq 5O 0 Right Hon. Sir Robert Adair . Marquis of Wellesley 100 Dake of Norfolk Viscount Palmerston lOO Lord Plunket Earl of Burlington Duke of Grafton Earl of Minto ... 100 J. Motteux, Esq 5O G. Byng, Esq., M.P lOO Earl of Aberdeen 25 The Lord Advocate of Scotland, M. P 2l Sir Henry Bunbury, Bait. Hen E. J. Stanley, M. P. Sir Benjamin Brodie, Bart. ... 25 B.t. Hon. T. B. Macau- 25 0 S. Boddington, Esq 20 0 Earl of Leicester David nuncios, Esq., M. P. D. Le Marchant, Esq. 10 10 iLieut.-Col. Ramlon, M. P. . Right Hon. Edw. El lice W. J. Denison, Esq., M.P. Captain Sir Spencer ' Vassal, R.N 5 5 Lord Saye and Sele Lord James Stuart, M.P. lay, M.P. ... 25 0 , lion. Fox 31aule D. Dowager of Bedford 10 10 Samuel Rogers, Esq 5O 0 Sir Jas. Gibson Craig, Bart W. Gibson Craig, Esq M.P. Hon. John Ponsonby, M.P. Rev. Dr. Vaughan 5 0 Hon. Hugh Fortesque 10 Hon. E. P. Bouverie 10 Earl of Stair 5O Lord Jeffrey. 3O Lord Moncreiffe.. 10 Lord E. Howard lO 1 By Messrs. Child anJ Co. Duke of Grafton lOO Viscount Melbourne lOO Lord Hathorton... Earl of Clarendon 5O 0 Lord Leigh 3O Lord John Russell Il!O Duke of Bedford . lOO 0 Marquis of Tavistock." 25 0 Earl Fitzwilliam 25 0 Earl Granville lOO 0 Lord Leveson 25 0 By Messrs. Coutts and Co. Marquis of Lansdowne 1130 0 Sir Charles Vaughan 25 0 Viscount Ebrington lOO 0 Duke of Sutherland lOO 0 Bishop of Chichester 3O 0 Right lion. Henry La bouchere. lion. Charles Gore lO 10 Robert Smith, Esq 5O 0 , Earl of Radnor 5O 01 G. E. Anson, Ezq lO 10i Duke of Devonshire lOO 01 Sir Dc Lacy Evans, M. P. Subscriptions are received 61 pie-bar ; Messrs. Coutts and C A_ _ _ _ i t in r ietTo.,"dle ' rnent's-lane ; and b Company, Edinburgh. 50 0 Marquis of Breadal bane 50 0 arqu is of Westminster 50 0 Earl of Albemarle__ 100 Benjamin Travers, EN 5 0 Duke of Leinster Lord Bateman ... Rev. Sydney Smith Wm. Jenninr, Esq 5 0 Earl of Arran Elrl of Carlisle ...... 100 0 George W. Wood, Esq. M.P. Dawes Danvers, Esq. 10 10 R. Vernon Smith, Esq. 15 0 Thos. Ellis, jun., Esq. 25 0 Visct. Morpeth, M.P. 50 0 Lord Panmure Sir Hussey Vivian 25 0 The Ladies Ann and Gertrude Fitz-Patrick 25 0 Hon. Charles W. G. Howard 10 0 Marquis of Anglesea... 100 0 lion. :11rs. Stewart Mackenzie . 10 0 Earl Spencer lOO 0 Sir John Campbell, At- torney- General ...... 25 0 A. Fonblanque, Esq.... 5 0 Mrs. Vernon Smith... 10 0 By Messrs. Prescott, Grute, Ames, and Co. IPer Bishop of Durham 31 10 Per H. Waymouth,Esq. 10 0 Per J. N. Fazakerly, Esq., 31.1) 2O 0 Per George Grote, Esq. 10 0 By Messrs. Rogers, Olding, and Co. !Henry Talbot, Esq.... 2 2 y Messrs. Child and Co., Tern :o., Strand; Messrs. l'rescott, of the Bank of the British Linen NEW NOVEL, EDITED by THEODOR'', HOOK, Esq. Now ready at all the Libraries, in 3 vols. post Bvo., with nu merous illustrations by Phiz, pE TER PRIGGINS; THE COLLEGE SCOUT. Edited by THEODORE HOOK, Esq. Homy Colburn, Publisher, 13, Great Marlborough -street. LT IS MAJESTY the EMPEROR of AUSTRIA having AUTHORISED and GUA. RANTEED several DISTRIBUTIONS of MONEY DIVIDENDS, which (though they are NO LOTTERIES) offer many possibilities of obtaining LARGE FORTUNES. HEINE BROTHERS, at HAMBURGH, Arc now SELLING BONDS for the said DIST 11.113 U TIONS. Pentons desirous to purchase for the neat Distribution, may re ceive, PREVIOUS to giving any order, the PROS -) ECTUS tnd PARTICULARS, upon addressing WITHOUT DE LAY, a line to HEINE, BROTHERS, at HAMBURGH. THE NEXT DISTRIBUTION, managed and guaranteed by the Austrian Government, contains TWENTY-FIVE THOUSAND TWO HUNDRED DIVIDENDS, Amounting to £954,888, The Dividends being £15,000 .E. 600 £7O 0 £37 10 7,500 300 50 0 37 0 3,800 200 42 0 36 0 1,800 150 do 10 35 0 1.200 100 39 0 THEATRE ROYAL, COVENT GARDEN. V NDER the MANAGEMENT of MADAME Visrms. THIS EVENING. JAN. 2. Will be repeated Shakspere's MIDSUMMER NIGHT'S DREAM. Theseus, Mr. Cooper; Quince, Mr. Bartley; Bottom, Mr. ITarle7 ; Flute, Mr. Keeley ; Snout, Mr. Meadows ; Snug, Mr. F. Matthews • Hermia, Mrs. Nisbett ; Ober on , Madame Vesris ; Titania, Mrs. W. Lacy ; Puck, Miss Marshall; First Fairy, Miss Rainforth. After which, The NEW GRAND CHRISTMAS PANTOMIME will be repeated, entitled THE CASTLE OF OTRANTO; OR, HARLEQUIN AND THE GIANT HELMET. Harlequin, Mr. C. J. Smith; Clown, Mr. T. Ridgway; Pantaloon, Mr. Mo•'Ili ; Columbine, Miss Fairbrother. On Monday, The Midsummer Night's Dream, with the New Pa "mime. I)nors to be opened at half-past Six—the performances to 7msnenence at Seven o'Clock. Titkets and places for the Boatel to be taken of Mr. Grogan n; the Box-office, from Ten till Four, where Season Tickets may no had upon application. Dress Boxes, 7s. ; Second Price, 3s. 6d.; First and Second 'ircles, ss. ; Second Price, 2s. 6d. ; Pit, 3s. ; Second Price. 23. ; Gallery, Is, Private Boxes to be had so`ely of Mr. Andrews, bookseller 1131. New Bond-street. ROYAL SURREY THEATRE. Seventh Night of the Grand Christmas Pantomime, and Grand Dioramic Annual. The principal Characters in the Panto mime by the Boleno Family; Mr. Southby, the Popular Closn; Signior Felix Carlo, from Franeonis, at Paris : and Miss Sharpe. THIS EVENING, JAN. 2. Will be represented a New Domestic Drama, entitled MARTHA WILLIS, THE MAID SERVANT. Martha Willis, Mrs. Henry Vininff. Supported by the entire strength of the Company, After which will be repeated the New Comic Pantomime, ed H AR LEQUIN AND MY LA entitled HARLEQUIN AND MY LADY LEE ; OR, GOOSEY GANDER AND THE SPELL-BOUND GOSLINGS. TO CORRESPONDENTS. F. M. has, we believe, not a right • but there are paid agents of both politi ca l parties to attend 7 to the registra tion, and ho should make his claim through one of them. NOM HIGH WATER AT LONDON BRIDGE THIS DAY. Morning.... 39srninutes after 7. I Evening.... 8 minutes after 8. —*/-‘ i#o. • • .oh, • .7s y t : 4 : 41 Un. LONDON: SATURDAY, JANUARY 2, 1841, Our Tory Contemporaries are again speculating, as the year begins, on the chances of their friends climbing, by some bye-path or other, into office. We, however, can see no more hope for them now than at the beginning of 1 840. They were then to take office by storm, and Sir JoirN YARDE BULLER led the assault, but they were shamefully beaten back and never rallied for another similar attack. They certainly hovered about, blockaded the fortress, intercepted supplies, prevented egress, made a number of feints, but made no other at- 5 0 ilmpts to storm it. We do not hear that they are now to repeat the assault. But what they failed in last session they seem to have no chance of ac complishing in the session which approaches. We do not mean to flatter the Ministry by repre senting the whole empire as in a most prosperous state, and by assuring them that there is nothing to fear from the people and nothing to be done for them. We write no view of the past year because we find the retrospect by no means agreeable ; we cast forward no glance, but rather turn away our eyes, for we " dread and fear." Nothing has been done for the suffering masses, nothing is promised them; and till they be restored to a reasonable share of physical comfort, enjoying the present, and having well-founded hopes in the future, we must assert that the continuance of internal tranquillity and general prosperity cannot be relied on. But what Ministers may have neglected to do for the people the Tories will not accomplish, and what they have done amiss, the Tories would have done worse. They may have scourged the tempo rary ebullitions of a long-suffering people with whips, but the Tories would have scourged them with scorpions. One of their leaders is said to have declared that if the people did not remain quiet, there was a way to make them. Such a threat, however, ill becomes the Duke of 'WELLINGTON, who gave up his principles to avoid a civil strife in Ireland, and we hope the report is a foul calumny. It is not a calumny, however, that another of their leaders has been pointed out by them as the proper man to lead the QUEEN'S soldiers against the QUEEN'S subjects. It is not a calumny that the sword of the army was offered by a General Officer to cut down the political opponents of the Tories. It is not a calumny that the Tories have talked of reconquering Ireland. Neither is it a calumny that, had they been in power, they would have re sisted every motion to relieve the national suffering, for they have resisted it in Opposition, and they would have attempted to quell any petty disturb ance by the best blood of the people. If then we have little to praise in the past conduct of the Mi nisters, so far as the welfare of the masses is con cerned, and little to hope for the future, we should have had much severely to condemn in the conduct of the Tories, had they been in office, and must have looked forward with despair. We are not insensible to the renown which our successes ir. the Mediterranean, restoring the na tion to a full confidence in the efficiency of our fleet, and the skill and bravery of our sea men, partially shaken by the perpetual and hoarse croaking of the Tories, has added to our country, already, externally at least, the most glorious on earth. We rejoice in the tranquillity of our colonies, and in the delightful conviction that the abolition of slavery has now fully realised the hopes of its warmest advocates, though the the present wealth of the planters, is very unneces sarily promoted at the expense of a large annual tax, levied on our people by the discriminating duties on sugar. We are proud that the name of England is carried with power and might into furthest Asia, extorting respect from those who have hitherto classed themselves as demi-gods, and claimed a servile homage from all other created men. But these, though they excite our gratula tion, are of that sort of shadowy and unreal great ness, which we censure the French for intensely seeking, and bring no relief for that state of desti tution and discontent into which the masses are plunged, which we maintain might be easily re dressed, and which, remaining unredressed, is pregnant with danger to all our political institutions. The Tories, however, who are the main cause why these vast evils are unredressed, can have no quarrel with the Ministers on that ground ; and the present condition of the people, which, in the hands of an enlightened and patriotic n would suffice to overthrow any Ministry, smites the Tories with helpless impotence. They cannot, dare not, take office, supported by the bread taxers, in the face of a starving people. On what point, then, can they now, however desirous, ex cept on the most factious pretences, differ from the Ministers ? They approve of the foreign policy. All the questions in dispute as to Ireland, except the registration, have been settled with great advantage to them. The parsons, it is said, collect their tithes in peace and with safety, and the Corpora tions are reformed, promising security and partial satisfaction to both parties. The registration, on the principle of which the parties do not much differ, is not of sufficient importance to break up a Government ; and there is no longer, as far as we see, any important question on which the Tories can ask the representatives of the people to turn out the Ministry: To substitute Sir R. PEEL for Lord MELBOURNE, the Earl of ABERDEEN for Lord PALMERSTON, against her MAJESTY'S wishes, without any adequate cause, will not now be tolerated, either by the majority of the House of Commons, or the country. The Tories have, therefore, no better chance now than they had at the beginning of the last Session. Such also appears to be the opinion of the Tory journalists. We copied yesterday a paragraph from the Standard, which stated that the people generally were satisfied with the Government. In addition to this the Times yesterday said— We must not conclude, however, without referring to an opinion expressed by a very sagacious observer. True ; such a state of things would formerly have implied the certain destruction of any Ministry ; but do not be sanguine. The present men have weathered worse storms than those now threatening them, and while their opponents propose nothing which interests the public at large„ that pablic will look on almost with indifference at the struggle between the two parties. Without surrendering our opinion, we admit that the experience of the last few years furnishes reasonable ground for the view taken by our friend. 'Tis true, 'tis pity : pity 'tis, 'tis true." And what can the Tories propose ? To what are they wedded ? More Church ? Why the Times has told us we have already too much Church. More coercion perhaps ? when that we have is found to be unbearable. They are in favour of the bread tax, will they double it ? They have talked of re strictions on the press, of burning down half our cities, of restoring the feudal dominion ; is either of those a great question which will carry the public at large with the Tories ? They have nothing to pro pose. They can have nothing. They are for standing still while all around them is in commo tion. We do not expect that the Ministers will propose much, but the T or i es can propose nothing but measures which would provoke quarrels and re bellion. Repeal in Ireland, according to their own organs is progressing, let them accelerate it by some measure like Lord STANLEY'S Registration Bill, and they may see it become revolution. There is one measure, a great and a noble measure, which deeply interests th e public at large, a measure which would carry on its wings healing for all the national cala ' mities, and begin for our beloved country a new ca reer, in which the prosperity of her great multitudes would equal her national renown, a measure of jus tice, not to perform which is alike dishonest to the Legislature and the Ministers, a measure of free dom which expediency recommends and honesty commands—the Total Abolition of the Corn-law—. which because it is a great, a noble, and a national measure, will not, w e are afraid, to the eternal dis grace of our statesmen, be undertaken by either of the two great parties. They struggle only for office. To the right-thinking peopl e will be left the im mortal honour—and they will by and by achieve it —of crushing the vilest law that ever cupidity, in the disguise of patriotism, dared to enact. MR. HETHERINGIoN has published a report of his trial on Dec. Bth, for a blasphemous THE SUN, LONDON, SATURDAY, JANUARY 2, 1841. libel, in which the whole of the authori ties cited in the defence are given at full length. It does great credit to Mr. HETHERINGTON'S abilities, and we earnestly wish it may be of service to him with the Judges, in considering their sentence which has yet to be pronounced on him, or, should that be more than a nominal punish ment, with the Government in inducing it to re mit the punishment. Society cannot be served by pu nishing the mere trade agent in circulating opinions, and the law will receive no credit by being made the instrument for repressing honest discussion in stead' of punishing crime. In • Mr. HETHER INGTON'S case, his offence is the smallest conceiv able, even by those who object to free discussion in matters of religion. He did not write the work —he was not the original publisher of it—the author has not been prosecuted—the original pub lisher was allowed to escape freely on pleading guilty, and Mr. HETHERINGTON, who is merely the agent for selling a book published at Man chester, has been found guilty, and awaits, what ought in justice—as the offence is nominal—to be the smallest quantity of punishment. There is one peculiarity in this case, which does not seem to have been sufficiently noticed. The indictment set forth the passages which are characterised as blasphemous. The ATTORNEY GENERAL called a witness to prove the publication, but he called no witnesses, and he made no obser vations, to prove that the language was blasphe mous ; he kft that, and so did the Judge, for the Jury to decide, by such light of common sense as they may possess. In their opinion, the language quoted is a blasphemous libel. They decided no matter of fact by their verdict, but matter of opi nion. They differ from Mr. HASLAM, and, there fore, Mr. HETHERINGTON is found guilty of pub lishing blasphemy. What is, and what is not, blasphemy, is a ques tion very difficult to decide. The word blasphemy is defined to mean " offering an indignity to GOD." But the whole gist of Mr. HAst.A st's remarks are to condemn the Bible, and thus to condemn the Bible is to offer an in dignity to GOD. GOD and the Bible, there fore, are one and the same in the opinion of the Jury. But the English Bible is a translation of the Hebrew Bible, and is subject to a great many doubts. It is plainly and palpably, from first to last, the work of man's hand. It was originally written by man, and yet the 'Jury have come to a conclusion which identifies the work of man's hand with the Great Living GOD. Are the Jury or Mr. HASLAM the more impious and the greater blasphemers ? It will be as well, we think, to place before the public, the names of the erudite and wise men who immediately decided, without any vvidenee, that this was a blasphemous libel. We copy them, there fore, from Mr. HETHERINGTON'S report :--- THE JURY. Special— Robert Savage, Esq., 11, Montagu-place, Bloomsbury. James Arboine, merchant, 3, Brunswick-square. William Fechney Black, merchant, Wilton-place. Charles Frederick Barnwell, Esq., 44, Woburn-place. Robert Eglinton, merchant, 29, Woburn-square. Common Jurors__ Charles Ricketts, stove.maker, 5, Agar-street, West Strand. William Poldon, licensed victualler, Villiers-street, Strand. John Osborne, confectioner, 401, Strand. John Johnson Ruffell, painter, 24, Church -street, Soho. Thomas Reid, baker, 24, Old Compton•street, Suho. Charles Phillips, ivory brushmaker, 20, King-street, Soho. J. Mabow, baker, 34, Greek -street, Soho. We see nothing in the names or occupations of these gentlemen which should make them proper judges of so important a question as the blasphemy of a particular writing. The selling of gin, or the making of cakes, kneading dough, or running bristles through plates of ivory, do not lead to any peculiar fitness for judging so nice a question. \Vo have great respect for the occupations of all these gentlemen ; they are all those of honest and indus trious citizens, of men who live by their oWn labour, and whom we therefore are much inclined to respect; we only say that there is nothing in their occupations to give us confidence in their decision, that a passage of a book is a blasphemous libel. The general rule, which leaves to the Jury the decision on the nature of a writing charged as libel, is of high value, and serves in political cases to protect the people against tyranny ; but, in such a case as a charge for blasphemy, if the Jury hap pen to be ignorant, prejudiced men, that provision of the law may be productive of much mischief. We cannot suppose, had the Judge been called on for his opinion, that he would have described the words of Mr. HAsLANI, though coarse and rude, and wholly unwarranted by criticism or the courtesies of life, as a blasphemous libel. He never would—no man in his senses, who has ever considered the subject, not even the Bishop of EXETER, were he on the Bench, and had to give a judicial deci sion, would have pronounced the remarks on any book whatever, or any work of man's hand, how ever beautiful or sublime, or however violently those remarks were expressed —to be a blasphe mous libel, insulting and displeasing to Goa The decision of the Jury is a proof of their igno rance and their want of reflection—vices as inimi cal to liberty as the love of injustice, for they con sign a respectable man to punishment. It is not customary, too, in England to make the persons who are parties to a suit Jurors to try it. " If," said the ATTORNEY-GENERAL, " attacks on the Scriptures were to be permitted, what was to prevent the pious feelings of the com munity from being outraged ? Suppose a man were to carry a board through the streets on which was inscribed in large characters, that Curtisr was an impostor.' Could it be tolerated ? Yet this, according to the defendant, was only free in quiry I" From this passage, it is plain that the sum of the offence, though described as displeasing to GOD, is, that it offends the pious feelings of the community of which the Jurors are a part. Their feelings are supposed to be outraged, and it is to defend them that the prosecution is instituted. They are, therefore, a party to the suit, and yet they arc made Jurors, quite inconsistently with the usual practice of English jurisprudence. They receive their impression of the Bible, too, from the priests ; the priests, by the mouth of the Bishop of EXETER, acting for them as a Lord of Parlia ment, instituted the prosecution, and thus, through the Jury, the priests become both prosecutors and judges. That is a palpable injustice, and we hope that the Judges will not give effect, except nomin ally, as they must pronounce sentence, to such an ill-timed and unjust decision. By the arrival of the Independence packet ship at Liverpool, on Thursday evening, we have received New York Papers of the 10th ult., being one day later than the papers brought by the Great Western. In consequence of the great depth of the snow, which rendered travelling extremely diffi cult, when Congress met on the 7th, there were not members enough present to form houses for the discharge of business ; so that an adjournment from day to day was resolved upon, till the requisite number of members were in attendance. The Pre sident's Message was not therefore delivered when the last mails left Washington for New York, nor was it known when it might be expected in that city. These Papers bring no news of the slightest in terest. More was talked about sleighin g and skat ing in New York, than about banks, currency, and he President s Message. The brief intervals be- tween the sailing of the Great Western and the Independence, had witnessed no arrival either from the South American States, or from the Canadas. The following is the latest account of the state of the New York Money Market : NEW YORK MONEY MARKET-Dm 10. The resumption of the Philadephia banks, on the 15th of January, if not sooner, which is now generally an nounced and believed, does not seem to give any an:ma lion to the markets generally—indeed the reverse is felt. In the stock market a general fall has taken place, vary ing from to 2 per cent. Money is also scarce and dearer. SALES AT THE STOCK. EXCHANGE. 15,500 Philadelphia Exchange ants' Banking Asso. '20,0 :0 0 s l h n o in r r e i s is s S ie ix rc e h s 111 120 do. Mechanics' Banking Association lO2 50 do. Vicksburg Banking do. 100 do. Union Bank 23 do. Bank of America 25 do. Dry Dock Bank 10 do. Commercial Bank .... 9O 5 do. Lafayette Bank 5 do. Bank of Commerce 200 do. Delaware and Hudson 9Ol 84 150 do. Long Island Railroad 53 15 do. Manhattan Gas B5 12 do. Syracuse Railroad 23 do. Patterson R 10 do. American Ex. Bank 25 do. Farmers' Trust B6 75 . do. North American Trust thw 28, 75 do. United States Bank 65 50 do. Bos. and Prov. 40 do. North Jersey Railroad 76 50 do. Stonington R R b3O 27, 50 do. Haarlem It It b3O 39 200 do. Canton Co. SALES AT T 1 SECOND BOARD. 25 shares Vicksburg s3o 13 25 do. Mechanics' Banking Association B4 25 do. Canton 50 do. Delaware and Hudson nw 84 25 do. North American Trust blo '2B, 50 do. Haarlem 50 do. Long Island The whole of French Journals of Wednes day have been received, from which extracts will be found in another part of The Sun. On Wed nesday the Minister of Finance, M. HUMANNI presented his Budget for the year 1812. The fol lowing summary of the exposition of the French Minister, before the Chamber of Deputies, is from late editions of the Morning Papers, having been received from Paris by Extraordinary Express CHAMBER OF DEPUTIES, Dec. 30. M. HUMANN'S SPEECH ON THE BUDGET. " Gentlemen, the King has ordered us to lay before you the budget of expenditure and receipt for: the year 1842. Considerable expenses are imposed on us by circum stances which had taken place before taking office. Oar first attentions have necessarily been directed to ascertaining the extent of the expenses already consum mated or commenced, and to calculating the importance of the sacrifices that the interest and the honour of the nation might require. In soliciting the audits necessary for the year 1842, we laid before you an apercu of our financial position ; it reveals an important fact, viz , that, indepen dently of accidental necessities, the public revenue, in spite of its progressive improvement, no longer suffices for the ordinary expenses of the State. Exclusive of these ex penses, the Chambers have granted for works of public utility upwards of 4,000,000, which successively absorbed the funds which the Sinking Fund left free ; these grants, by their yearly increase, have at length exceeded the pre scribcd amount of the annual revenue. In short, w e have to meet extraordinary expenses, which was without doubt modified by events, or by the resolutions of the Chambers, but which oblige us, in the present state of things, to include in our ealcuation a deficit, which, though reduced by the combination of a special law for the War and Marine Departments, still amounts to 500 millions. We must also keep in view that the treasury supports an other deposit of 246 millions, previous to the year 1833, and which has hitherto absorbed, in part, the resources of the floating debt. You are well aware, Gentlemen, that the resources granted by the law 17th May, 1837, consisted of the over plus of the revenue not otherwise employed, of the re serve of the Sinking Fund, and in short, of the renter in case of insufficiency of the other ways and means. Now, would it not be a fo!ly to reckon on an overplus of receipts when we see them yearly exceeded by our expenditure? You must also remark that the adjudication of loans was indicated by the law of 1837, as a subsidiary resource, and allow us to add, with the hope that it would never be employed. It is then beyond doubt that the sys tem of the law of 17th May, reposes entirely on the resource of the Sinking Fund. A short time ago, Gentlemen, the Five per Cents. were so near par, that we were on the point of seeing the accumulation of the resources at an end. Had this taken place, the sinking fund, instead of being of any assistance to the Treasury, would have added to its embarrassment ; for it would have become necessary to borrow for the purpose of reim bursing non-consolidated funds previously absorbed ; it would have become necessary to borrow to continue the works already commenced, and which could not be stopped soddenly, and also to borrow to meet the still more impe rious necessities arising from circumstances. We consequently submit to you propositions—one to affect from 1842 the reserve of the sinking fund to the extension of the deposits of the years 1840, 1841, and 1842 ; the other to authorise a loan of 450 millions to meet the expenses of the public works belonging to the War and Marine Departments. An especial project of law will be laid before you shortly, dividing the total ex pense of the works on a series of years, and fixing for each year a limit not to be exceeded. The sinkin4 fund belongs to the debt—its real and especial destination is to liberate the State ; we cannot, therefore, apply it more appropriately than in paying cff the deficits. The consolidation of the available sums operated every half year will confine within the limits of a prudent foresight the obligations imposed on the Treasury by the bth article of the law of the 7th and 10th of June, 1833. It will per haps here be objected that should our Rentes get below par, the resources of the sinking fund will not be available for the declination we intend. This is true—but what would arise thereupon ?—why, the extinction of the dc fioits would be slightly prolonged, and the floating debt, with the elasticity which belongs to it, would easily pro vide for it. Gentlemen,—The plan we submit to your discernment is very simple, and the following may be considered as a summary of its results :—You will efface with the Sinking Fund, if circumstances favour you, the deficits of 1840, 1841, and 1842, in the space of a few years; at the end of which you will find this powerful resource increased by com pound interest. You will secure the termination of the great works of public utility by ways and means not exposed to fsil. Independently of these results, you can, if energetically inclined, increase the revenue of the State so as to equal its necessities, without creating new taxes or augmenting tariff duties. We will explain this when we speak of receipts. I have now to refer to the necessities of the year 111142. All the expenses required to keep our civil and military organisation are included in the budget before you ; we have included therein the interests of the Sinking Fund bonds, the allowances for the Pension Fund, and other expenses not contained in former budgets. The budget e 1542 may therefore be considered as a faithful and com p lete table of the ordinary necessities of the State. We have omitted the expenses of extraordinary public works. But it does not enter into our thoughts, that this being placed in a special budget prevents them being in eluded also in the general one. The public debt presents us with the leading services which we have to pass in review, It figures in the Budget under four divisions, the Consolidated Debt, Loans for Canals, and other Works, capital reimbursed in different ways, and Annuities. Some annulments have reduced the amount of 5 per cents. rentes by 2,811 f., whilst the 3 per cents. have in. creased 1,1441. by the indemnity to emigrants. On the other side the sum/hive consolidation of the reserve of the Sinking Fund augments the credit demanded for the 4 per cents. by a sum of 13,064,3571., composed of 11,122,357 f. demanded as a supplement of 1841, and of 1,942, 000 f. for the service of 1842. The Sinkng Fund, with its dotation of 44,616,463 prem. and its rentes bought out, will dispose, in 1842, of a sum of 90,178,862 francs. The funds applied to the extinction of loans is, by the division of account, increased by 142,982 francs, when the charge of interest is diminished in the same proportion. We ask for interest on security money a credit of 8,240,000 instead of eight millions in the last Budget. Ex perience has shown that the latter sum was insufficient, since it was increased by 350,000 f. for 1840, and that we have required for 1841 a supplement of 250,000 f. The proposed sum is in proportion to the real wants of the ser vice, by voting it you will avoid credits by ordinance. Ti e interest of the unfunded debt required an allowance of sixteen millions, which will allow of raising the temporary loans to five hundred million, in account current and in se curities at fixed periods. The progressive extinctions reduce from 423,200 francs, the credits for the life annuities and pensions. The in crease that you will observe on civil pensions for 61,728 francs, and on the military pensions, for 1,3b0,000 francs will be but apparent. _ _ T n o c f e, t o t i oo e f o b t h u f er d a g: n e ec s t are dn d 0 t10 1;i 8 M 4116 7 2 t 2 s , Ts, f ho o eo r ( T r e i fs n r ua g lnt the so ; t said is u r t e 2 s duction which the subventi o n allowed to the Legion of Honour experiences which d ecrea ses from year to year, i n proportion to the extincti ons . The Budget of Justi ce o ff ers an increase of 7,050 f., which results from suppl ementar y allotment; demanded fo r 32,300 f., and compenseed by reductions to the sum of 25,250 f. The expense of publi c wors hi p i s increased also by the sum of 1,226,787 fran cs t t h e f o ll ow i n g arc the causes; 185,000 f. must be add e d to t h e sa l a ries and indemnification of the Parochial Clergy b y t h e re placing of the old eccle siastics by young non-p ens i one d priests. A supplement lesscthhaerarnei carrie d of 12,0001, is applied to the rent of the hotel for the re- Sidcnee Or the Archbi s hop of Paris, 2 0,000 fran cs are claimed in order to increase the number of Protestant clergymen ; fifty thousand francs in order to facilitate the Jowish religion in the payment of a debt contracted for the building of a synagogue, and 4,780 francs, which it is acknowledged is necessary to increase the subvention sup plied to the cause des retreat's. The budget of foreign affairs is ix conformity in every point to that of 1841, only it takes in the subvention of 105,000 francs for the pensions of retirement, which fur seve ra l, was attached by title of supplementary credit and by virtue of a special law. An augmentatioLt of 378,162 francs seems to re suit from the preposition of the Minister of Public li struction. It is, in reality, but 113,362 francs. The surplus of 264,800 f. represents expenses covered by equi valent receipts, but the expenses of primary schools, and schools of pharmacy, united to the University by the Royal ordonnance of September, 1840. A sum of 113,362 francs is destined to remunerate a Ninth Coun cillor of the University, and certain Professors of the Normal School and College de France, as well as two Royal Colleges. The Home Minister demands that the union to refugees be resisted in the list of services voted. The Minister of Agriculture and Commerce demands an augmentation of 51,793 f. for the establishment of Vichy; but this will be covered by the increase of revenue. _ The plans for finishing the works of public utility, which we have laid before you, bring back the Budget of the Minister of Public Works to its usual proportions; bit after the passing of the special law, which will shortly be presented to you, the cost of the extraordinary works which shall be authorised for the year 1842, will be in cluded in the Budget of that department, of which it will form a distinct section. The amount required for 1842 shows an increase of 318,000 f. ; composed of 28,200 f. fur the central administration, of 160,0001. for the salaries of the Department of Roads, Bridges, and Mines, of 130,000 f. for internal waterways and the superintendence of railways. The charges of the War department for 1842 are esti mated at 364,718.391 f., of which 49,028,274 f. are for our possessions in Africa. These estimates exceed by 113,177,610 f. the credits originally opened for the budget of 184 ; but when compared to the special laws of supplementary audits recently presented, it will be seen that keeping up the same effective, the budget of 1842 is less by 53,238,000 f. than that of 1840, and by 21,718,000 f. than that of 1841. The credit of 361 millions is the consequence of a temporary situation; it, however, cannot be concealed, that under the most favour able hypothesis, the increase of effective forces produces a permanent increase which does not amount to less than 41 millions. The particulars published by the Minister of War, explain in detail the increased expenditure ; the cause may be thus Fummed np. The increase of bodies and the increase of the effective (men and horses) have increased the annual expenditure by about 93,000,000 f., as well for home as for Algeria ; 3,400,0001. are required for the manufacturing of arms and the making of powder; 4,248,0001. for the troops in huts, 5,126,000 f. for fortifications and buildings for the use of the military, 800,0001, on account of the increased price of materials and provisions, and about 4,000,0001. for improving the supply of the wants of the army in Africa. The Minister of War keeps up, for 1842, the amount of 1,050,0001., the credit intended as a provisional amount for military pensions, and which is the object of a special law. The naval and colonial department requires 127, 290,400 f. ; but this includes a sum of 14 millions, which, according to the special law of July 16, 1840, is to be ap plied to the building of steamers for Transatlantic naviga tion, and the preparations for the service. It this acciden tal cause of expense be deducted, which is not a regular expense attached to the Royal Navy, the credit for the fleet and colonial establishments is reduced to the sum of 143,290,400 f. With the proposed credits the Minister of Marine will keep up to their present footing the naval forces the effective of the crews, the Marines and Artil Icry. I come, Gentlemen, to unroll before you the exact statement of the charges of the country. The budget presented to you exceeds 190,000,0001. that which you voted last session. But we have joined to it expenses left out of the budget of 1841 to the amount of 40,000,0001., for which we have been obliged to provide by supplementary credits. With respect to this mass of espouses, which amounts to 1,316,0001., the sum of the public revenue estimated at 1,162,0001., according to the results of the present year, offers an insufficiency amounting to 154,000,0001. And if the expenses be calculated according to a peace esta. blishment.—if, setting aside the extraordinary charges, we reduce it to a nominal state ; the insufficiency of ways and means is still 64,000,000 francs, without including the interests of the amortissement of the new Rentcs which we propose to create. Of all the facts just offered for your meditations, this calls fur most attention. The sum of direct contribution for 1842 is estimated at 396,054,610 f., of which 286,030,110 f are supplied to the general services of the budget, and 110,024,500 f. to de. partment and parochial expenses. Yet we do not pro pose new taxes, nor yet the augmentation of taxes. There is something first to be tried. Our con tribution system, in my opinion, ought to suffice for the permanent wants of the couutry. But among our fiscal laws. Some ought to be adapted to the energies of our social state. There are some which have been relaxed, and hence vices and irregularities, which of fend public morals and equity as much as the interests of the Treasury. We present measures herewith to strengthen the receipt of taxes, and generalise the application of laws. We shall immediately ask for a new law to ensure the collection of the stamp-duty, and other taxes of the kind. The produce of customs and of the salt has arisen in 1840 to 1,841,000,000, although the sum has been increased by 4,000,000, arising from the importation of foreign corn, quite an accidental receipt, a renewal of which is not to be desired, we fear no mistake in admitting an equal revenue for 18-12. In short, the cheapness of provisions, by exclud ing foreign corn, can but favour other consumption more productive for the Treasury. The law of the 3d of July last, on the sugars, insures us besides a more than sufficient compensation, by admitting only the valuation of the duties to collect ou the exotic sugars, such as has been adopted for the budget of 1841. The indirect con tributions have been va ued according to th a realizations of the year 1840. First, respecting colonial sugar, we thought to be en/sided, by the progressive development of the manufacture, to add three millions of killogrammes to the quantities produced by the last crop. We, there fore calculate that the new duty of twenty-five francs, reckoned upon a quantity of twenty-seven killogrammes, the which, united to 80 millions supplied by exotic sugars, will bring to 107 millions the mean consunettion of the last five years. Hence arises the contributions indirectes, not including the tobacco, and a total receipt of 139,350,000 francs. It would offer 38 to 40 millions more, if, at the and of the year 1830, the tariffs on beverage had not been reduced one-third. A general system, too, with re spect to the sale of spirits in towns ought to be adopted, and a new vase for the conveyance of liquors into alcohol adopted. The sale of tobacco in 1840 has Produced 94,458,000 f. The estimate of it for 1842 is 9 . 5 millions. The sale of lands is valued in the esti mates of 1842 at 5,357,000 f. the same as in 1840. We hope fromithe Post-office 27,025,500 f. ; the same as that obtained in the last twelve months, diminished by a sum of 100,0001., by the suppression of Corsican packet boats. In fine, the different products, in which are in cluded certain special revenues, such as the retribution of the University, and of Algiers, amount to 30,486 ; 582f. This estimate exceeds that of the last budget by 740,0001. The augmentation proceeds from the actual value of ten ders to be delivered by the War Minister to the War and Finance Department, and from the increase of the reserve labours, from the expenses of the materiel of Marine. We have terminated the enumeration of the ordinary revenue for 1840. It amounts, as we have already said, to 1,161,838,1421., to be divided thus Francs. Direct contributions 396,054,610 Indirect taxes and revenue Produce of domains and woods 39,744,500 Divers revenue and produce 1.161,838,142 It now remains to consider the extraordinary ways and means which circumstances call for, and which form, with the dispositions habitually destined to facilitate the service, the eijost of the last chapter of the law of receipts. We ask of you then to authorise us to inscribe on the great book of the public debt, and to negotiate with publicity and competition the sum of mites necessary to bring to the treasury, as the result of the operation, a capital of 450,000,000 f. It will be shown to you immediately that the 450,000,000 f. will be absorbed by the works for which it is required. In all cases the realisation of a loan will not be immediate. The Treasury has a reserve which is still 120,000,000 f., and it is at a good administration to in crease the balance in chest beyond measure, and cause the loss of interest for which inadequate compensation can be received. Therefore, we have not demanded any credit for the_service of rentes to be negotiated—we only claim the facility of creating them, if there bo a necessity by Royal ordinance without waiting to submit them for legis lative sanction at the opening of the Chambers as to the choice of mites to be created, with regard to the price or the periods at which the payments of the loan are to be made. We also demand of you a credit of 250 millions in Treasury Bonds. If the peace be confirmed, as it promises to be, the resource will permit us to wait to realize or com plete the loan when our public funds have attained the price which we consider belong to them. Gentlemen, you now' know the whole of our financial situation. You have under your eyes a complete picture of our wants, and the resources we have prepared to meet them. The views which we now submit may be summed up in a few words. The Go. vernment believes in peace, and because it so believes it does not ask of you to step the progress given, for some years, to the works of peace. In this view we make an ap peal to credit—the resources which we ask, in waiting till their nominal datination is accomplished, will yield to the treasury a temporary assistance, and aid in bearing the weight of our deficits, which will be converted by degrees by the consolidation of the successive resources of the Sinking Fund. The budget, which we present to you, has been conceived in the spirit of peace and the preserva tion of peace, which I and my colleagues i n havo accepted in taking upon us the responsibility of affairs. This task, Gentlemen, we would have declined, if we had not the estimate of connection that a good understanding between the Great Powers of Europe might be confirmed and maintained on conditions honourable and sure to our coun try. If our confidence is not ill-founded, a little time arid a few efforts will suffice to replace in our budgets a durable equilibrium, and restore the prosperity of our finances. That, Gentlemen, is necessary to enable France to maintain its elevated rank among nations. B 0 UR SE.--PAats, WEDNESDAY, DEC. 30. first Highest lowest Last Price Price. Price. Price French !, per Cints 4 uer Cents 96 75 96 75 ... 96 75 9 6 75 3 per Cents 7C 60 76 75 ... 76 60 ... 7 6 75 Malik of trance cyan rank 5 per Cent, 97% 9734 ... 97% 3 per Cents New Loan Sisznish Active 55 ... 95 ... 24% .2.4% Passive Portuguese 3 per Cents 20% 20% ~. 20% Neapolitan Homan .... 99% ... 99% ... 1/.1% 99% Dreadful has bee❑ the loss of life and property, occasioned by the late tremendous gales in the Black Sea. In addition to the sad accounts al ready published, we find the following in the French and German journals received this morn- Lng : Extract :of a letter from Constantinople of the Bth instant : "We had a dreadful gale here on the Ist inst. Among the known losses are the barque Emma, Captain Hudson, Icaded at Odessa with linseed and tallow, captain and all hands perished; the schooner Robert Symms, of Plymouth,' loaded at Ott ssa with tallow, captain and three men saved, four lost ; the Russian commercial steamer Neva or Em peror Nicholas, Captain Rogers, from Odessa, with passen gers and cargo, 13 of the crew and six passengers lost; the captain, first engineer, and four of the crew, with four male and two female passengers, saved ; those went on shore to the west and east of the Boghas. The Seri Per. vas, Austrian commercial steamer, left Constantinople just before the gale set in, with 525 Turkish soldiers for Beyrour. She drifted out of her course, and was wrecked near the entrance of the Gulf of Moudania. Two soldiers washed off the deck, six or eight frozen to death, and all the rest, including several Austrian officers going to join the army in Syria, with the crew, saved. Several ships are lest in the Bosphorus. The Tahiri Babiri is just put in from Syria, but there is no time to learn what she brings before the departure of the present. The Turks are dis pleased with the officious interference of Commodore Na pier. The Crescent steamer, on her passage from Tre bisond, was struck by a sea, which carried twelve deck passengers overboard. The Turkish steamer Zibaishi Zidgeirct, also from Trebisond, had three passengers car ried overboard, and seven frozen to death." Another letter says, " The storm of the Ist caused numerous wrecks in the Black Sea. We have already re ceived accounts of the loss of 18 Greek vessels, three English, and a much greater number of Austrians, Sar dinians, and Neapolitans. Even in the Channel seven were cast away. Lieutenant-Colonel de Philippovitch and Capt. Count Ssechvyni were on board the Seri Pervas during the storm." MONEY and COMMERCIAL NEWS. CITY, FRIDAY EVENING. The English Market was not depressed by the state ment from Paris, concerning the French Finance Minister's intention to cover the deficiency in the re venue of his Government by a new loan ; when the Money Market appears to offer the best chance to him. This is merely what all might have expected would come, sooner or later. Consols closed at 884 toi ; Ex chequer Bills at 4s. to 6s. premium ; Bank Stock at 138 ; and the Ite , luced Three per Cents. at 89. In sonic quarters we observe that the probability of a new loan for Spain, is exciting attention, but we are unprepared to state upon what precise grounds the supposition rests, any more than its being based upon that well known foundation of the poverty of ;the Madrid Treasury. No doubt there is in contem plation some new measure of finance by the Re gency, as the last private advices from Spain even assert the likelihood of our having " a batch" of decrees early in the present year. It is also stilted that negotiations are in progress between the British a nd Spanish Governments, for some plan to relieve the English creditors, and secondly, that M. Gamboa has discovered, on inspection of the ac counts of his predecessors, that arrears are due to Go vernment from parties who purchased Crown lands, to the enormous amount of six millions sterling, which arrears he is resolved to enforce the payment of ac cording to the terms of the contract, partly in Govern ment stock. which it is hoped will the❑ be cancelled. Of course we do not vouch for the authenticity of this statement. Six millions sterling form a very large sum, even making allowances for the extent to which Spanish corruption and favouritism are said to exist. To-day there was again a large amount of business doing in the Foreign Market, chiefly in Peninsular Se curities. Spanish Active Bonds were not quite so high, being marked 25i to 241, for the Account. Portu guese New Five per Cents. were steady at 321 to 32i, for immediate transfer ; and 32i for the 1837 Bonds, for Account. The Three per Cents. were at 20f to 201. Colombian Six per Cents. realized 24 ; Mexican declined to 284, and Brazilian to 704 and 711. Russian Bonds were worth 1121, and Dutch Five per Cents. 971. The Railway Shares were neglected. Great West ern New, on which a further instalment of 10/. per share was completed to-day, were marked 121 pre mium, the Fifth shares 7 to 71 premium ; York and North Midland, 18 premium. Brighton shares were 51 to 6 discount. These prices were nearly all the same as yesterday. Colonial Bank Shares were 13, and Union Bank of Australia 10 premium. Tile Foreign Exchanges were flat again this after noon, but not lower. On Paris, three months, paper was taken at 251. 521 e. to 55c. On Amsterdam, at 12 2} to 1 ; on Hamburgh, at 13 7 ; on Antwerp, at 12 21 ; on Frankfort, at 1481 ; and on Trieste, at 10 3. (From The Sun of Last Night.) The New York packet-ship Independence has arrived at Liverpool, bringing Papers one day later. The Presi dent's Message bad not been received at New York, owing to the snow-storm having prevented a sufficient number of the Members from arriving to form a quorum. The Money Market at New York was heavy, and most ofthe Stocks had declined in prices. The rata of Exchange was 84 to 9 per cent. prem. ; United States l3ank Shares 661. A Brazil Mail has arrived by her Majesty's Packet Magnet ; the dates from Rio Janeiro arc of the 18th of Oc ober, up to which date the Minister of Finance had not adopted any measure to supply his credit. Money was scarce, discounts from 10 to 12 ; Exchange on the 17th was 31, at which price a great deal of buz:iness was done for the Packet. LIVERPOOL COTTON MARKET, DEC. 31.—The tran sactions since our report of Friday last have been to a good extent, but there was more spirit in the, demand during the first th ce days than there has been since, yet on the n hole prices may be considered a shade higher than Friday last. Speculators have taken 500 bales of American and 1,200 Surat; there has been 280 bales of American and 530 Surat forwarded into the country this month unsaid. The import has exceeded that of last year 398,564 bales, being in excess from the United States 382,280 bales; yet with this great increase of supply our stock is only 160,100 more than at the same time last year, (the whole of the stock being equal to fifteen weeks supply from hence), showing that there has been 1,185 000 bales required front► hence for consumption against 980,000 bales in 1639. It is estimated by good authority that the present consump tion averages for the kingdom 24,500 bales for the week, of which we may fairly put down 22,500 bales per week, as supplied by this port ; making an aggregate from hence for the year of 1,170,000 bales. Prices have varied very little this year. There has been only three instances (or weeks) when choice Uplands sold above 7d. per lb. The lowest point of the market was in the middle of the year, when common qualities, now worth 54d., were sold at qd., and fair, now worth 61d, brought kid. per lb. LIVERPOOL SHARE LIST, DEC. 31.—Eastern Counties, 81; Debentures, 5; Grand Junction, 212 ; Quarter Shares, 521 ; New Shares, 28i ; Liverpool and Man chester Half Shares, 89i ; London and Birmingham, 32/. Shares, 494 50; Brighton United Company, 271 ; Midland Counties, New Shares, 91. We have received the Journal of Antwerp of yester day's date. BOURSE OF AMSTERDAM, DEC. 29. —The news that the Treaty made by Admiral Napier not having been ratified, and the fall at Paris, caused a reaction. The Integrales were offered at 491 yesterday after the Bourse, but at the opening to-day they were at 49. f. The Actions of the Society of Commerce opened at 157 i, and fell to 1561, and remained at 1574. Ai doin's Spanish, owing to their coming better from Antwerp, got up to 21i ; Coupons, 17k. We have received a Rio de Janeiro Price Current of the 17th of October:— Money Market—Exchange—Since our last, bills to some extent have been passed on England at 30i, and at the close of the month money was not forthcoming at this rate. The amount negotiated during the month may be fairly estimated at 220,0001. sterling. Stock was last sold at 742-. Specie generally fist, with a limited busines s d one . Revenue—A perusal of Table No. 4 will show an in crease in the amount received for duties on imports; both in the month ami quarter ending 30th September, 1840, compared with the four preceding years, and on exports during the same respective periods, except 1839, when, as before stated, the export of coffee was unprecedently large. Table No. 4 shows, likewise, an excess in the month and quarter of 1840, both on imports and exports of the average of the five years from 1836 to 1840. The arrivals from foreign ports amount to 41 vessels, including 1 in ballast; of 40 vessels which sailed hence, 22 were laden. and 8 in port, laden with our produce. The coasting trade consists of 74 arrivals and 96 departures. Trade generally vary dull, owing to the unsettled state of the money market and the foreign exchanges. Offers aro stated to have been made to the Ministers for stock to the amount of 3,000 to 4,000 Apolires at 74, which offers, we understand, have been refused upon the plea that the market price was 3 to 4 per cent, higher. The difficulties of the money market have been materially augmented, owing to rumours in a variety of shapes, of an intended issue of notes. A petition to be presented to Ministers, favourable to an increase of our circulating me dium, is now under signature, We ate induced to attri bute the rise of the exchange upon London to the general opinion that the Government has directed a loan to be made in England. The British Funds arc not quite so good as they left off yesterday, !Btl for the Account, at present may be q u o ted at 88g ; Exchequer Bills, 3 5 premium ; Bank Stock, 157 158; India Stock 237 239. In the Foreign Market Spanish Active lower than it left off, 2.51 ; Deferred, 121 13 ; Passive, 51 i ; Portu guese same as they left 011, 324- i-; Three per Cents., 204- i ; Brazilian, 70i 71i ; Colombian, 24i ; M ex i can, 29i ; DutchTwo-and-a-Half per Cents. 49; 50k ox. div. ; Five per Cents. 971 . SHARRS.-Great Western, 251 261 prem. ; New, 111 12k prem. ; Londun and Brighton, 61 6 discount; Black wall, 41 4 discount ; Birmingham, 81 83 premium; South ampton, 56 57 per share ; Croydon, 124 i per share ; Greenwich, 8f per share. PRICES OF SHARES THIS DAY AT ONE. RAILWAYS. Paid. Per Share. Eastern Counties Ditto Debentures Great Western Ditto New Ditto Fifths London and Brighton London and Greenwich ..... ...... 20 Ditto Scrip Very late dates from Buenos Ayres have been received at Havre, of the 21st of October, and from Monte Video of the 29th of October, by which it is stated that the blockade of Buenos Ayres was not severe, and that a great quantity of merchandise entered the town. The French residents found themselves in such a situation that most of them were preparing to leave the town, but they found protection, in the British Consul, from mo lestation and bad treatment. At Monte Video the French - division, commanded by Admiral . Mackuu, arrived on the 25th, and were preparing to act. Already the companies were formed for effecting a land . ing, which were going to make a descent at Marti: Garcir, and from thence procecd to Buenos Ayres. report prevailed in the squadron that Rosas had caused a licitenant of a French ship to be assassinate d, but the report appeared rather vague. In the Rio de ;Is Plata there were 44 French ships of war of all descriptions. Fruits the American papers received this morning to the 1 Ith December:— ' Ice in the Delaware.—All the vessels along the ends of the wharfs yesterday morning were compelled to haul inside. of the docks, in order to:avoid being cut through by the skim ice, large quantities of which came down yester day. The river Dclawarre at Bordenton, yesterday morn ing was filled with ice afloat from shore to shore. The Ca vigation of the river, for the present, is completelf stopped." Consels, which were nominally in the early part of the morning at 88i I for the Account, have since been di ne at 881 4, and at present may be quoted a shade later, 88i. For the Opening little has been doing during th e course of the morning ; Exchequer Bills rather proved, 4 6 premium; Bank Stock, 157 158, also inn' proved. In the Foreign Market Spanish Active may be quoted at 25i ; Deferred, 12i ; Portuguese 311; Three P er Cents., 20i ; Mexican, 294; Brazilian, 7 frt ; Colombia, 24 ; Dutch Two-and a- half per Cents., nothing done. In Shares not much doing. Eastern Counties flr benturcs, 5; Great West e r n , N e w, 62/ ; ditto, Fif t h P 11/ ; London and Brighton, ; Greenwich Scrip, 31 CLOSING BRITISH PRIGES. FUNDS. Bank Stock 3 per Cent. Red 69 Ditto Bonds 3 per Cent Cons ...... --- . Ditto Old Annuities ... -- 31 per Cent Red 971 Ditto New Annuities... --"' 0 New 31 per Cent .. New 5 per Cent ... Long Annuities to expire Ditto 5ma11...... 6 P in Jan. 1860 - Oct 1859......... 123 India Stock for Acct ..• --- Jan. 1860 ... ...... Consols for Opg . O3 FOREIGN FUNDS. A ustrian, 5 per cent... Portuguese, 5 per cent. Belgian, 5 per cent Ditto, New Ditto.... . • '''' Brazilian Bonds .. .. Buenos A yres, 6 per cent R uss i an , 5 per cent.... I ''• Chilian, 6 per cent Colombian, 6 percent... Sp an i s h, 5 per cent 2 ll Ditto, 1824 231 Ditto, Deferred .•• 12 1 Danish, 3 per cent..... Fr enc h,s p e r c e nt... —f. '''—,' Greek, 1825, 5 percent. E xc h ange .. Mexican, 5 per cent.... 281 F renc h,3 p er cen t —f. ma c• 6 per cent, 1825. Dutch, 21 per cent...... ;7 7 1 Peruvian,lB2s,6 per ct. Ditt o , 5 p er cen t... .. ' SHARES. Eastern Counties Railway Debs. (2 paid) b Great Western Railway (65 paid) Ditto New Shares (40 paid) .... .. ... 024 Ditto Fifths ( 4 paid) ll London and Brighton Railway (50 paid) London and Greenwich Railway ;(20 paid) Ditto Scrip. ( 2 paid)... 3l South Eastern and Dover (28 paid)... „. York and North Midland Railway (50 pd) 68 COURSE OF EXCHANGE--(YESTERDAY): Amsterdam C F. 12 4i Ditto, at sight Rotterdam 2 U. 12 5 Antwerp Hamburgh... M.B l3 10 Altona l3 101 Paris, 3 days' sight 25 40 Ditto, 3 month• Marseilles... .. ...... Bourdeaux. Frankfort on Maine.... 149 Petersburgh, 3 Us. 37 Berlin 7 0: Vienna, dice. ft. 3 M lO 3 Trieste, ditto. . 10 6 Madrid Cadiz Bil oa Barcelona 35 Seville 35 Gibraltar ....... 4B Leghorn. Genoa 25 c" Milan . .. '7 Venice Naples 34 Palermo, per oz 121 Lisbon ...521 Oporto . . 521 Rio Janeiro 24 Bahia 27 Buenos Ayres --- New York, 21 days' sight 46i Philadelphia PRICE OF MULLIoN, Pvt. 0 1 ' Portugal Gold Coin£o 0 ° Foreign Gold, bars.. 3 17 New Doubloons 0 0 ~,v New Dollars 0 4 1 ,1 Silver in Bars 0 5 v COURT CIRCULAR. WINDSOR, FRIDAY.— A l' Her Majesty and Prince - bert walked on the terrace and slopes this morniegei but the unfavourable weather in the afternoon prevent e ., her Majesty a n d hi s R o y a l Hi g h ness t a ki n g the' usual drive. The Belgian Minister and Madame Van do WeY et have arrived on a visit to her Majesty. Lord Alfred Paget has succeeded Colonel WeiIII as Equerry in W a iti ng on h er M a j esty , an d Colon el Bouvcrie has reli eve d Si r E. B owater i n t h e duties ° Equerry in Waiting on his Royal Highness. ~t a , 'The Duchess of Kent, attend e d by L a d y Fanny ward, promenaded this morning on the terrace of I " Castle, and in the slopes. The Earl and Countess of Clarendon arrived yeg er : day on a visit to the Queen, and Baron Stockmar sf rived to-day. The Royal Dinner party at the Castle this even in; t , will include her Royal Highness the Duchess of Isle P r the Belgian Minister, and Madame V an d o Wel Earl and Countess of Clarendon, Viscount Melbourne' Lord and Lady Holland, Baron Stoekmar, Mr. G. .1! and Hon. Mrs. Anson, Duchess of Bedford, LadY Howard, Hon. Misses Paget and Cocks, 13aron es " Lehaen, Lord Lilford, lion. C. A. Murray, Mr. Bi c "' Lord A. Paget, Col. Bouverie, and Captain Scymoo,r' T' :he Countess of Sheffield has succeeded the r countess Barrington as the Lady in Waiting on h e Msjesty the Que e n D owager at S u db ury H a ll, a nd 111 Hon. Miss Mitchell has succeeded the Hon. Miss Go as the Maid of Honour in Waiting on her Majesty'The Earl and Countes s of Sh e ffi e ld l e f t t own Yo te.,. ' day morning for Sudbury Hall. His Royal Highness Prince George of Cambri d i e dined with the D uc h ess of Gl ouces t er , at Gl o ucest er House last evening. Major Watson, 13th Light Dragoons, had the h e ''' nour of an interview with Prince Albert on Web e t i : day, to present a set of his n ew ly-i mprove d fi g ures 119 : 1 the elucidation of cavalry movements, which he ha been commanded to have prepared for the use of 1( , ; Royal Highness, and with which the Prince express(' his entire approbation. Lord John Russell returned to town yesterday, frn, a visit to Viscount and Viscountess Palmerston, a t thei r scat, Broadlands, Hants. Despatches for the Governors of the West 1 0 1 Colonies, were sent off last evening from the Coloni s ' Office. The Judicial Committee of her Majesty's MI"/ Honourable Privy Council sat yesterday. The LAO present were Lord Brougham, the Vice-Chancell °r ; Mr. Justice Erskine, and the Judge of the Admirni t i Court. The appeals relative to the will of the late Al r a Wood, of Gloucester, " Sir Matthew Wood, Bart., and Others, v. Elizabeth Goodlake, widow, an d Edwa r Hitchings," was appointed for hearing, but on the OP cl/ ' ing of the Court, Sir Fred. Pollock objected to Pr ° : ceeding with the case on account of o ne o f th e i r . 1 -4° l. d ships (Dr. Luahington) having been Counsel for °° of the parties to the appeal. The case, in consequen ce ' was not proceeded with, and the Court adjonrned. The Queen has been pleased to appoint Nicholas Harris Nicolas, Chancellor and S en i or Koig, l ! t ' Commander of the Most Distinguish e d O r d er o f St. N l ` chael and St. George, to be a Knight Grand Cross of t" said Order. The Earl of Westmorland has been slig htly disposed since Thursday last, but is n o w near ly rcovere d ; His Lordship had, in consequence, discontinued his din ue parties, Lut will resume them to-morrow, on which d'fi the Noble Lord will enter his 82d year, having been bo rS on the Ist of January, 759.—Brighton Gazette. The Duke of Wellington is expected on Tue S ' day fortnight, at Apsley House, from Strathfieldsaye, f or the !season. His Grace gives his first party dinner this year on the 25th instant, for which purpose cards Ila ° been issued. The ship Marlborough, Captain Budie, be' longing to the West India Immigration Society, left tbd Downs a few days since witk emigrants for Jamaica, P r we understand the Company are ab ou t t o d es p a t c h anothe r vessel to that Island in three or four weeks, and also to es' bark ploughmen and tradesmen for St. Vincent's. We are sorry to announce the death of Frani! Hall Standish, Esq., o f D ux b ury , i n L ancas hi re . H e ba d almost entirely recovered from a long and painful illaesicr but being attacked with inflammation he died suddenly a t Cadiz on the 21st of December. By the rocent demise of Lord Bruce, the e ldest son of Lord Elgin, his sister, Lady Mary Christopher, the Lady of the M em b er f or N ort h Li nco l ns hi re, h as b o som the next in suc cess i on to an i mmense f ortune, approa ch/vs , to thirty thousand a year. They have been performing at the British En" bassy at Paris a pretty little play, called The Wreck Ashore, from tke Adelphi, where the following gentleme n and ladies received much applause :—Mr. Howard, Loot F. Leveson, Miss Raikes, Misses Ellis, Lord Howdel'i Mr. Plunket, Miss Pellew, and Mademoiselle de Flahault• Mr. Charles Kemble is so much improved in health that the most sanguine expectations are row enter" tained that he will be restored to his friends. Mr. List": the eminent surgeon, attends him daily, and is satisfied with the very great improvement which his patient has ex" perienced in the last few days. His daughter, Mrs. Butler , is constantly with him. MALTA, DEC. 17.—The Britannia, 1 20 ' Captain Drake, with the flag of Rear- Admiral Sir F. A. Oninranney, and the Howe, 120, Captain Sir W. 0. M i l' arrived off the great harbour last night from Englanu' Owing to a strong head-wind they did not enter the har; hour till this morning. P. S.—lbrahim Pacha, I hear, bad arrived with his army (reported 30,000 or 40,000 strong ) at Geza, so it is clear Mehemet Ali cent orders for evacu ating Syria before Napier's Convention. NOVEL CRICKET MATCII.—On 'Monday a novel game of cricket was payed on the Mill-pond, Ten" terden, an extensive piece of water of about thirty acre 5, by two elevens, one company being on skates, and the other without. It is thought that about 1,000 persons assembled to witness the " ups and downs" of the cow' petitors, which were both numerous and highly amusing. Although the skaters had the advantage in rapidity of lo comotion, their fielding, or rather their iceing, was le! li successful; and after a good and laughable contest their opponents bore away the palm—Brighton Gazette. d The high price of butcher s ' meat h as induce the graziers in Scotland to send an additional supply butcher's meat to the metropolis ; an d f rom Ireland the exportation of pork furnishes a seasonable supply o f OAS article to the London Market. MORNING EDITION ap tic M 80 fre thi cu du le4 F a CQI un El 131 bet W col