The Sun. — London, England, 1841-06-23 00:00:00

1 q16‘, ,,. \ 44\ 1111,41,14 s EVENING EDITION. TO THE ELECTORS OF MARYLEBONE. GENTLEMEN, THE BALLOT between SIR CHARLES NAPIER and MYSELF having terminated in favour of that Gentleman, I have, according to the agreement entered into by our Committees, ceased to be a Candidate for your Suffrag es. I cannot, however, withdraw, without expressing my sincere gratitude to the 945 Reformers who balloted for me, not in a struggle with a political opponent, but in a friendly contest with a Reformer, supported by the whole strength of the Li beral Press, and still more strongly recommended by his achievements in a s ervice of which he is so distinguished a member. I hope my friends will now cheerfully submit to the decision of their Brother Reformers, and, remembering only that there is a common enemy to defeat, give to Sir Charles Napier and Sir Benjamin Hall all the support in their power. I remain, Gentlemen, Your obliged and faithful servant, G. A. YOUNG. Upper Portland-place, June 21, 1841. THE THIRD VOLUME OF A GNES STRICKLAND'S LIVES Of the QUEENS of ENGLAND, NEW AND REVISED EDITION, IS NOW READY, :Price 10s. 6d. bound, with Illustrations. " These volumes have the fascination of a romance united to the integrity of history."—Times. " A most valuable and entertaining work."—Chronicle. " A charming work, full of interest, at once serious and pleasing."—M. Guizot. Henry Colburn, Publisher, 13, Gt eat Marlborough-street. Now ready, at all the Libraries, in 3 vols., 11H E T R US T E E. .111. A NOVEL. By the Author of the Tragedy of " The Provost of Bruges." " We have experienced much pleasure in the perusal of these pages. The tale is of high interest, and the characters are pourtrayed with a master's hand."—Literary Gazette. We recommend ' The Trustee' strongly. There is a freshness and originality in it which distinguishes it from the crowd of novels. The interest proceeds from Alpha to Omega without once flagging."—Athenaeum. " This clever and interesting novel cannot fail to be univer sally popular new, and to rank among the standard productions of its glass hereafter."—Naval and Military Gazette. Henry Colburn, Publisher, 13, Great Alarlborough-street. Immediately, in 3 vols. post - Bvo. T H E TORY BARONET; Or, TORIES, WHIGS. and RADICALS. A NOVEL. Richard Bentley, New Burlington-street. ROYAL SURREY THEATRE. UNDER THE MAN MR. AG WI EM ENT JONES.OF MR. DAVIDGE AND LLIS splendid success.—Fourth Week of the first Vocalists in the Kingdom. The New Opera, " A Queen for a Day," and " La Sonnambula," on alternate nights, supported by Miss Romer. Mr. Wilson, Mr. Leffler, a powerful Band, and an extra Chorus, conducted by Mr. G. Stansbury. THIS EVENING, JUNE 23, Will be acted Bellini's Grand Opera, LA SONNAMBULA. Amina, Miss Romer • Lisa, Mrs. Serle ; Rodolpho, Mr. ..ever; Elvin, Mr. W ilson. THE QUAKER. Steady by Mr. Leffler. To conclude with, _ YOUNG LOCHINVAR; OR THE BRIDE OF THE GRAVE. Lochinvar, Mr. N. T. Molls. ROYAL VICTORIA THEATRE. UNDER THE DIRECTION OF MR. OSBALDISTON. Crand unioa of success in the hitherto unexampled combina tion and attraction of " Susan Hopley !" " The Stranger !" " The Honey Moon !" and " Virginius !" supported by Mr. Osbaldiston, Air. E. F. Saville, and Miss Vincent ! and also the New Drama of " The Palace of Geneva!" THIS EVENING, JUNE 23, The splendidly successful Domestic Drama, in Three Acts, of SUSAN HOPLEY ! OR, THE TRIALS AND VICISSI- TUDES OF A SERVANT GIRL ! William Dean, Mr. E. F. Saville ; and Susan Hopley by Miss Vincent, the accepted Heroine of Domestic Drama. After which, Sheridan Knowles' Tragedy of VIRGINIUS ; OR, THE ROMAN FATHER. Virginias, Mr. Osbaldieton ; Icilius, Mr. E. F. Saville; Siccing Dentatus, Mr. Dale ; Appius Claudius, Mr. Seaman; Virginia, Miss Vincent ; Servia, Mrs. Lee. To conclude with, the new Barletta. entitled THE PALACE OF GENEVA. _ _ Old John. Mr. Gardner ; Seliria, the Countess of Barotti, Mrs. Howard. Boxes, 23.—Pit, ls.—Gallery, 6d. Half-price to the Boxes only, at Half-past Eight. THEATRE ROYAL ADELPHI. The greatest wonder of the present age is Mr. J. H. AN DERSON, the GREAT WIZARD of the NORTH, now nightly performing at the above Theatre his wonderful and incredible feats of Necromancy and Occultomacy. As a proof of the rising reputation and renown of this distinguished and net-to-be-equalled Mysteriaebi.t, the Theatre is nightly crowded by ASTONISHED AND DELIGHTED AUDI ENCES, comprising the elite of Science, Literature, and Fashion, in and around the Metropolis. To attempt to enu merate or descant on the wonder-workings of this unparalleled artiste would be useless—they must be seen to be believed, and when seen, must be pronounced the ne plus ultra of all that is astonishing, delightful, and rational. The various de lusions performed by THE GREAT WIZARD OF THE NORTH are entirely different from those which gained him such immense patronage at the Strand Theatre some time back, which even at that time were universally allowed to be without parallel. The incredibilities he now enacts are the result of many years' research, indeatigable study, and perseverance, to say nothing of his magnificent display of solid silver apparatus, forming a tout ensemble at once unicine and elegant, and alone worthy the public attention and admiration. Strangers at present sojourning in the Metropolis should not neglect visiting the Adelphi Theatre—the Temple of the Magi —the cheapest and greatest treat in London. Boxes, 23. 6d. ; Pit, Is. 6d. ; Gallery, 6d. Half-price at Nine o'clock. Private boxes, to contain six, 1/. ss. The Box-office is open daily from 11 to 4. Parties desirous of se curing places are requested to apply as early as convenient. Carriages at a quarter past Ten. A FINE MEDALLION PORTRAIT OF COMMODORE SIR CHARLES NAPIER, WITH FULL PARTICULARS OF HIS CHIVALROUS CAREER, WILL BE PUBLISHED IN THE SUN LN A FEW DAYS, PRICE ONE SHILLING. ORDERS FOR THE NAPIER SUN Received by all Newsmen, and at The Sun Office, 112, Strand. THE RAILWAY SUN IS AT LENGTH COMPLETED, AND WILL SHORTLY BE PUBLISHED. TO CORRESONDENTS. The paper of "A Northumbrian" is left for him in the office. - HIGH WATER AT LONDON BRIDGE TO-MORROW M0rning......29 minutes after 5. I Evening 5i minutes after 5 - LONDON: WEDNESDAY, JUNE 23, 1841. THE PRESIDENT'S MESSA GE• We have received by express from Liverpool New York papers of the 2d inst., with the PRE SIDENT'S Message, delivered at Congress at Wash ington on the Ist inst. These papers were brought by the South American, Captain BAILEY, which made the passage from New York to Liverpool in 20 days. The late hour at which the PRESIDENT'S Message has reached us renders any lengthened comment upon it im possible. It will be observed that the new PRE SIDENT neither recommends nor opposps a Na tional Bank —the great object of conten tion among all parties in the United States. In condemning the Sub-Treasury scheme of Presidents JACKSON and VAN BUREN, and recommending the adoption of a substitute, he may be supposed to indirectly advocate the necessity of a bank, as no other substitute for the metallic currency system has ever been mooted. The proceeds arising from the sale of the public lands, he is for distributing among the several States of the Union.' President TYLER is manifestly no advocate for the assumption, on the part of the Executive, of the initiative in measures of legislation. Con gress he regards as competent to indicate abuses and supply remedies. His Message gave general satisfaction at New York, if we may judge from the tone of the public journals. The Journal of Commerce, an influential mercan tile paper, of the 2d instant, says—" We have read. the PRESIDENT'S Message with u nfeigacifl satisfaction. It breathes a lofty tone of i patriotism, and freedom from party restra inttcl . iviiich is' very cheering." Most of the"P•n 445. Vupers spe • of -it withe4ual satis facti't in-' akU nited 8 - Wes the voice of the public press is the voice o f t h e peOple.- The. Govbrnment of m °ate Video, by a decree dated the 11th of February, authorises the seizure of all vessels found, ten days after that date, sailing under the Buenos Ayrean flag, and declares their cargoes good prizes. This measure is adopted in retaliation of seizures of Monte Videan shipping, and other violations of the law of nations. Following the PRESIDENT'S Message will be found an account of the New York Money Market, and of the rate of general prices on the Ist inst., from the Journal of Commerce of the 2d. Though long, as compared with King's speeches, the Message has the merit of brevity to recommend it as compared with the messages of the JEFFERSONS, JACKSONS, and VAN BURENS. TO THE SENATE AND HOUSE OF REPRESEN- TATIVES OF THE UNITED STATES. FELLOW-CITIZENS.—You have been assembled in your re spective halls of legislation under a proclamation bearing the signature of the illustrious citizen who was so lately cal led the direct suffrages of the people to the discharge of the im portant functions of their chief executive office, upon the ex piration of a single month from the day of his installation he he has paid the great debt of nature, leaving behind hire a name associated with the recollection of numerous be nefits conferred upon the country during a long life of patriotic devotion. With this public bereavement are connected other considerations which will not escape the attention of Congress. The preparations neces cessary for his removal to the seat of Government, in view of a residence of four years, must have devolved upon the late President heavy expenditures, which, if permitted to burthen the limited resources of his private fortune, may tend to the serious embarrassment of his surviving family; and it is there fore respectfully submitted to Congress whether the ordinary principles of justice would not dictate the propriety of its Le i gislative interposition. By the provisions of the fundamental law, the powers and duties of the high station to which he was elected, have devolved upon me ; and, in the dispositions of the representatives of the States and of the people, will be found, to a great extent, a solution of the problem to which our in stitutions are, for the first time, subjected. In entering upon the duties of this office, I did not feel that it would be becoming in me to disturb what had been ordered by my lamented predecessor. Whatever, therefore, may have been my opinion originally as to the propriety of convening Congress at so early a day from that of its late adjourn ment, I found a new and controlling inducement not to inter fere with the patriotic desires of the late President, in the novelty of the situation in which I was so unexpectedly placed.. My first wish, under such circumstances, would ne cessarily have been to have called to my aid, in the adminis tration of public affairs, the combined wisdom of the two Houses of Congress, in order to take their counsel and ad vice as to the best mode of extricating the Government and the country• from the embarrassments weighing heavily on both. lam then most happy in finding myself so soon, after my accession to the Presidency, surrounded by the immediate Representatives of the States and people. No important changes have taken place in our foreign rela tions since the last session of Congress, it is not deemed neces sary, on this occasion, to go into a detailed statement in re gard to them. I am happy to say that I see nothing to de stroy the hope o f being able to preserve peace. The ratification of the Treaty with Portugal has been duly exchanged between the two Governments. This Government has not been inattentive to the interests of those of our citi zens who have claims on the Government of Spain, founded on express treaty stipulations ; and a hope is indulged that the representations which have been made to that Government on this subject, may lead, ere long, to beneficial results. A correspondence has taken place between the Secretary cf State and the Minister of her Britannic Majesty accredited to this Government on the subject of Alexander M'Leod's in dictment and imprisonment, copies of which are herewith communicated to Congress. In addition to what appears from these papers, it may be proper to state that Alexander M'Leod has been heard, by the Supreme Court of the State of New York, on his motion to be di,char_ged from imprison m e n t,. an d th a t t h e d ec i s i on o f t h at Court has not as yet been pronounced. The Secretary of State has addressed to me a paper upon, two subjects, interesting to the commerce of the cousA s y, which will receive my consideration, and which I have the honour to communicate to Congress. So far as it depends on the course of this Covernment our relations of good will and friendship will he sedulously culti vated with all nations. The true Atnelican policy will be found to consist in the exercise of a spirit of justice to be manifested in the discharge of all our international obligations to the weakest of the family of nations as well as to the most powerful. Occasional confikes of opinion may arise, but when the discussions incident to them are conducted in the language of truth, and with a strict regard to justice, the scourge of war will for the most part be avoided. The time ought to be re garded as having gone by when a resort to arms is to be esteemed as the only proper arbiter of national differences. The census recently taken shows a regularly progressive in crease in our population. Upon the breaking out of the war of the revolution, our numbers scarcely equalled 3,000,000 of souls; they already exceed 17,000,000, and will continue to progress in a ratio which duplicates in a period of about 23 years. The old States contain a territory sufficient in itself to maintain a population of additional millions, and the most po pulous of the new States may even yet be regarded as but par tially settled, while of the new lands on this side of the Rocky Mountains, to say nothing of the immense region which stretches from the base of those mountains to the mouth of the Columbia river, about 270,000,000 of acres, ceded and un ceded, still remain to be brought into market. We hold out to the people of other countries an invitation to come and settle among us as members of our rapidly growing family, and, for the bl ess i ngs w hi c h we ofer them, we require of them to look upon our country as their country, and to unite with us in the great task of pre serving our institutions and thereby perpetuating our liberties. No motive exists for foreign conquests—we desire but to re claim our almost illimitable wilderness, and to introduce into their depths the light. of civilization. While we shall at all times be prepared to vindicate the national honour, our most earnest desire will be to maintain an nisbroken peace. In presenting the forgoing views, I cannot withhold the ex pression of the opinion, that there csxists nothing in the exten sion, of our empire, over our actnowledged possessions, to ex cite the alarm of the patriot for the safety of our institutions. The Federative system, ]Paving to each State the care of its domestic concerns, and devolving on the Federal Government those of general import, admits in safety of the greatest ex pansion ; but, at the same time, I deem it proper to add, that there will be found to exist, at all times, an imperious necessity for restraining all the functionaries of this Government within the range of their respective powers, thereby preserving a just balance between the powers granted to this Government and those reserved to the States and to the people. From the Report of the Secretary of the Treasury you will perceive that the fiscal means, present and accruing, are in sufficient to stipply the wants of the Government for the cur rent year. 'lle balance in the Treasury on the 4th day of March last s , not covered by outstanding drafts, and exclusive of trust fune,s, is estimated at $860,000. This includes the sum of $215,,000 deposited in the Mint and its branches to procure metal lor coining and in the process of coinage, and which could not be withdrawn without inconvenience—thus leaving su'sject to draft, in the various depositories, the sum of X 645,000. By virtue of two several Acts of Congress, the Secretary of the Treasury was authorised to issue, on axcl after the 4th day of March last, Treasury notes to the amount of $5;413,000, making an aggregate available fund on hand of $6,058,000. But this fund was 'chargeable with outstanding Treasury notes redeemable in the current year, and interest thereon to the estimated amount of $3,260,000. There is also thrown upon the Treasury the payment of a large amount of demands accrued in whole, or in part, in former years, which will ex haust the available means of the Treasury, and leave the ac cruing revenue, reduced as it is in amount, burthened with debt, and charged with the Current expenses of the Govern ment. The aggregate amount of outstanding appropriations, on the 4th day of March last, was $33,429,616 50, of which $`24,210,300 will be required during the current year, and there will also be required, for the use of the War Depart ment, additional appropriations to the amount of $2,511,132 98, the special objects of which will be seen by reference to the Report of the Secretary of War. The anti cipated means of the Treasury are greatly inadequate to this demand. The receipts from Customs for the last three quarters of the last year and the first quarter of the pre sent year, amounted to $12,100,000. The receipts for lands for the same time to $2,742,430 60, showing an average revenue from both sources of $1,236,870 per month. A gradual expansion of trade, growing out of a restoration of el:infidel:l%x, together with a reduction in the expenses of col lectinK and punctuality on the part of collecting officers, may cause, an addition to the monthly receipts from the Customs—. they are estimated, for the residue of the year, from the 4th of March, at $12,000,000. The receipts from the public lands, far the same time, are estimated at $2,500,000, and from mis cellaneous sources, at $170,000, making an aggregate of avail able funds within the year of $15,315,000, which will leave a probable deficit of 11,406,132 98 dols. To meet this some tem porary provision is necessary 'until the amount can be absorbed by the excess of revenues which are anticipated to accrue at no distant day. There will fall due within the next three months Treasury notes of the issues of 1840, including interest, about $2,850,000. There is chargeable in the same period for arrearages for tak ing the 6th C ensus, $ 294,000, and the estimated expenditures for the current service are about $8,100,000, making the ag. Streeate demand upon the Treasury,prior to the first o f Sep teaTberhe and means aboutsli,M in the Treasury, ury, and estimated to ac crue within the above named period, consist of about $694,000, e authorised. o n th . 2B t b hy thultimo, Act an of unissued lB4 a amounting o b n a n l tainnege to of f unds availabl - e 1, `u y notes r e ; m alt in estimated receipts from all sources of reeving a probable gdeafinc aggregate of about $6,450,000, and the eiwt wants 9 t f he th l e st c o o f ve S ru ep in te en m t b , er an n i e n x te t u o i- f $4,845,000. rtittuoc7cPyP,liln view of their best interests, will without nttaeotoriondnes submit to all necessartleburthens.outßouft iptreis.,exniesvteinrg ,ngeenlsi p os e o as lin to g avoid defeating the theless, important so to im just expectations of the connmtzlegni commonly called be altered , except under l'oto believed at this time laws. The Act of the 2d remains to complete the series of re ductions)rovisions the Compromise Act, should are n t tuorgeexnistt. neoceisiesityieenrs, only y ich provided for by that law, at which time made by the same law, and which then will be broughtme in aid of the manufacturing interests of the Union, actively fail to produce the most beneficial results. Under aw;ystem of discriminating duties, imposed for purposes of revenue, in union with the provisions of existing laws, it is to b e h oped that our policy will in the future be fixed and permanent so as to avoid those constant fluctuations which defeat the very objects they have in view. We shall thus best maintain a position which, while it w ill enable us the more readily t o meet the advances of other countries calculated to promote our trade and commerce, will, at the same time, leave in our own hands the means of retaliating, with greater effect, unjust regulations. In intimate connection with the question of revenue, is that which makes provision for a suitable fiscal agent, bapable of adding increased facilities in the collection and disbursement of the public revenues, rendering more secure their custody, and consulting a true eeonomy in the great multiplied and delicate operations of the Treasury Department. Upon such an agent depends, in an eminent degree, the establishment of a currency of uniform value, which is of so great importance to all the es sential interests of society, and on the wisdom to be manifested in its creation much depends. So intimately interwoven are its operations, not only with the interests) of individuals, but of States, that it may be regarded, to a great degree, as controlling both. If paper be used as the chief medium of circulation, and the power be vested in the Government of issuing it at pleasure, either in the form of Treasury drafts or any other; or, if Banks be used as the public depositories, with liberty to regard all surpluses from day to day. as so much added to their active capital, prices are exposed to 'constant fluctuations, and industry to severe suffering. In the one case political considerations directed to party purposes may control, while excessive cupidity may prevail in the other. Thepublit, Coos cons4ailly liable to imposition. Expansions and contractions may follow-each •otfrer in rapid succession—the one engendering a reckless spirit of adventure and speculation, which embraces States as well as individuals—. " ; • jr 11 119 0; &1, e qbie nit., A 111 E SUN, LONDON,AWEDNESDAY, JUNE 23, 1841. I the other causing I ritli in prices, and accomplishing an entire I change litt aspect of affairs. Stocks of all sorts rapidly de itdividuals are ruined, and States embarrassed—even in their efforts to meet with punctuality the interest on their debts. Such unhappily is the condition of things now existing in the United States. These effects may readily he traced to the causes above referred to. The public revenues being removed from the then Bank of the United States, under an order of a late President, were placed in selected State Banks, which, ac tuated by the double motive of conciliating the Government and augmenting their profits to the greatest possible extent, en larged extravagantly their discounts, thus enabling all other existing banks to do the same. Large dividends were declared, which stimulating the cupidity of capitative, Caused a rush tube made to the Legislatures of the respective States for similar acts of incorporation, which,'by many of the States, under a tem porary infatuation, were readily granted—and thus the augmen • tation of the circulating medium, consisting almost exclusively of paper, produced a most fatal delusion. An illustration derived from the land sales of the period alluded to, will serve best to show the effect of the whole sys tem. The average sales of the public lands for a period of ten years prior to 1834, had not much exceeded 2,000,000 dols. per annum. In 1834, they attained in round numbers to the amount of 6,000,000 does., in the succeeding year of 1835, they reached 16,000,000 :dols., and the next year, of 1836, they amounted to the enormous sum of 25,000,000 dols.—thus crowding into the short space of three years upwards of seventy-three years' purchase of the public domain. So apparent had become the necessity of arresting this course of things, that the Executive Department assumed the highly questionable power of discriminatine, in the funds to be used in payment, by different classes of public debtors. A dis crimination which was, doubtless, designed to correct this most ruinous state of things, by the exaction of specie in all payments for the public lands, but which could not at once arrest the tide which had so strongly set in. Hence the demands for specie became unceasing, and corresponding prostration rapidly ensued under the necessities created with the banks to curtail their discounts, and thereby to reduce their circulation. I recur to these things with no disposition to censure pre-existing ad ministrations of the Government, but simply in exem plification of the truth of the position which I have assumed. If, .then, any fiscal agent which may be created, shall be placed without due restrictions, either in the hands of the ad ministrators of the Government, or those of private indivi duals, the temptation to abuse will prove to be resistless. Objects of political aggrandisement may seduce the first, and the promptings of boundless cupidity will assail the last. Aided by the experience of the past, it will be the pleasure of Con gress so to guard and fortify the public interests in the creation of any new agent, as to place them, so far as human wisdom can accomplish it, on a footing of perfect security. With in a few years past three different schemes have been before the country. The charter of the Bank of the United States expired by its own limitations in 1836 ; an effort was made to renew it which received the sanction of the two Houses of Congress, but the then President of the United States exer cised his veto power, and the measure was defeated. A re , gard to truth requires me to say, that the President was fully sustained in the course he had taken by the popular voice. His successor to the Chair of State unqualifiedly pronounced his opposition to any new charter of a similar institution; and not only the popular election which brought him into power, but the elections through much of his term, seemed clearly to indicate a concurrence with him in sentiment on the part of the people. After the public moneys were withdrawn from the United States Bank, they were placed in deposits with the State Banks, and the result of that policy has been before the country. To say nothing as to the qie stion whether that experiment was made under propitious or adverse circumstances, it may safely be asserted that it did receive the unqualified condemnation of most of its early advocates, and, it is believed, was also condemned by the popular sentiment. The existing Sub-Trea sury system does not seem to stand in higher favour with the people, but has recently been condemned in a manner too plainly indicated to admit of a doubt. Thus, in the short pe riod of eight years, the popular voice may be regarded as hav ing successively condemned each of the three schemes of finance to which I have adverted. As to the first, it was intro duced at a time (1816) when the State Banks, then compara tively few in number, had been forced to suspend specie pay ments by reason of the war which had previously prevailed with Great Brite e m, Whether, if the United States Bank charter, which :iad expired in 1811, had been renewed in due season, it would have been enabled to continue specie payments during the war, and the disastrous period to the commerce of the country which immediately succeeded is, to say the least, pro blematical; and whether the United Stetes Bank of 1816 pro duced a restoration of specie payments, or the same was ac complished through the instrumentality of other means, was a matter of some difficulty at that time to determine—certain it is, that for the first years of the operation of that bank, its course was as disastrous as, for the greater part of its subse quent career, it became eminently successful. As to the second, the experiment was tried with a redundant treasury, which continued to increase until it seemed to be the part of wisdom to distribute the surplus revenue among the States, whichepperating at the same time with the specie circular, and the causes befot e adverted to, caused them to suspend spe cie payments, and involved the country in the greatest embar rassment. And as to the third, if carried through all the stages of its transmutation, from paper and specie, to nothing but the precious metals, to say nothing of the insecurity of the 'public moneys, its injurious effects have been anticipated by the country, in its unqualified cond.mnation. What is now to be regarded as the judgment of the American peo ple on this whole subject, I have no accurate means of determining lent by appealing to their mare immediate repre sentatives. The late contest, which terminated in the elec tion of General Harrison to the Presidency, was decided on principles well known and openly declared ; and while the Sub-Treasury received in the result the most decided con demnation, yet no other scheme of ' finance seemed to have been concurred in. To you, then, who have come more directly from the body of our common constituents, I submit the entire question, as best qualified to give a full exposition of their wishes and opinions. I shall be ready to concur with you in the adoption of such system as you may propose, re serving to myself the ultimate power of rojeetin g any measure which may, in my view of it, conflict with the Constitut.on, or otherwise jeopardize the power of the country—a power which I could not part with even if I would, but which I will not believe any act of yours will call into requisition. I beg leave particularly to call your attention to the accom panying Report from the Secretary of War. Besides the pre sent state of the war which has so long afflicted the territory of Florida, and the various other matters of interest therein referred to, you will learn from it that the Secretary has insti tuted an inquiry into abuses, which promises to develope gross enormities in connection with Indian treaties which have been negotiated, as well as in the expenditures for the removal and subsistence of the Indians. He represents also other irregula rities of a serious nature that have grown up in the practice of the Indian department, which will require the appropriation of upwards of 200,000 dols. to correct, and which claim the im mediate attention of Congress. In reflecting on the proper means of defending the country, we cannot shut our eyes to the consequences which the intro duction and use of the power of steam upon the ocean are likely to produce in wars between maritime States. We can not yet see the extent to which this power may be applied in belligerent operations s connecting itself as it does with recent improvements in the science of gunnery and projectiles ; but we need have no fear of being left, in regard to these things, behind the most active and skilful of other nations, if the genius and enterprise of our fellow-citizens receive proper en couragement and direction from Government. True wisdom would, nevertheless, seem to dictate the neces sity of placing in perfect condition those fortifications which are designed for the protection of our principal cities and roadsteads. For the defence of our extensive maritime coast, our chief reliance should be placed on our Navy, aided by those inventions which are destined to recommend themselves to public adoption—but no time should he lost in placing our principal cities on the sea-board, and the lakes, in a state of entire security from foreign assault. Separated as we are from the countries of the Old World, and in much unaffected by their policy, we are happily relieved from the necessity of maintaining large standing armies in times of peace. The policy which was adopted by Mr. Munroe, shortly after the conclusion of the late war with Great Britain, of preserving a regularly organized staff, sufficient for the command of a large military force should the necessity of one arise, is founded as well in economy as in true wisdom. Provision is thus made, upon filling up the rank and file, which can readily be done on any emergency, for the introduction of a system of discipline both promptly and efficiently. All that is required in time of peace is to maintain a sufficient number of men to guard our fortifications, to meet any sudden contingency, and to encounter the first shock of war. Our chief reliance must be placed on the militia; they constitute the great body of national guards, and, inspired by an ardent love of country, will be ready at all times, and at all seasons, to repair with alacrity to its defence. It will be regarded by Congress, 1 doubt not, at asuitable time, as one of its highest duties to attend to their complete organization and discipline. I cannot avoid recurring, in connection with this subject, to the necessity which exists for adopting some suitable measure, whereby the unlimited creation of Banks by the States may be corrected in future. Such result can be most readily achieved by the consent of the States, to be expressed in the form of a compact among themselves, which they can only enter into with the consent and approbation of this Government. A con sent which might, in the present emergency of the public de mands, justifiably be given by Congress in advance of any action by the States as an inducement to such action upon terms well defined by the act of tender. Such a measure addressing itself to the calm reflection of the States would find in the ex perience of the past, and the condition of the present, much to sustain it—and it is greatly to be doubted whether any scheme of finance can prove for any length of time successful, while the States shall continue in the unrestrained power of creating banking corporations. This power can only be limited by their consent. With the adoption of a financial agency of a satisfactory character, the hope may be indulged that the country may once more return to a state of prosperity—measures auxiliary thereto, and in some measure inseparably connected with its success will doubtless claim the attention of Con gress. Among such, a distribution of the proceeds of the sales of the public lands, provided such distribution does not force upon Congress the necessity of imposing upon com merce heavier burthens than those contemplated by the Act of 1833, would act as an efficient remedial measure by being brought directly in aid of the States. As one sincerely devoted to the task of preserving a just balance in our system of Go vernment by the maintenance of the States in a condition the most free and respectable, and in the full possession of all their power, I can no otherwise than feel desirous for their emanci pation from the situation to which the pressure on their finances now subjects them. And while I must repudiate, as a measure founded on error, and wanting constitutional sanction, the slightest approach to an assumption by this Government of the debts of the States, yet I can see in the distribution adverted to, much to recommend it. The compacts between the propri etor-states and this Government expressly guarantee to the Sthtiantgesin the all the benefits which may arise from the sales. question t o o ot t m s ra ddb e i moreue et The mode by which this is to be effected, addresses itself to the dis cret i on o f C ongress as t h e trustee f or t h e S tates, an d i ts exercise, after th e most b ene fi c i a l mann er, is re s trained by no aterhiuleto between f t grantsthat or equalityin the in the Constitution distrihot so on long which as the Congress com pactswilbldriaoeiniqy b become e n di uire. In the present condition of some of the States the cn o ut n r sag m onemnd a y et i o wf b od e i rit mrhe regarded tron a ,or s t h s s u e t lb a f t n e t e ta s h c ne e t t o s i d s a r a y ys. go re rree so da r itt t ly, to an an inn o eis p ehe p es r ds e a s .r sive system o f di rec t taxat i on, or t h e i r influence,ily Th t e he p i a r ym po e o n ' t er of an t d axes,ofteothe most inconvenient and oppressive mode, will be exacted in place o f contr ib ut i ons for th e most part voluntarily made, and therefore comparatively unoppressive. The States are empha tically the constituents of this Government, and we should be entirely rega r dl ess o f the objects held in view by them, in the treat ion of this Government, if we could be indifferent to their good. The happy effects of such a measure upon all the States, would immediately be manifested. With the debtor States it would effect the relief, to a great extent, of the citizens from a heavy burthen of direct taxation, which presses with severity on the labou r i ng classes, and eminently assist in restoring the gen A e o ra i l m pmroeiasdper t ietyadva nce would take place in the price of the o S o t m a t e e s o e n c e u e r i t m i e o s r, eas and the it shouldattitude e ve the'ofr be, Stateslofty and would b e . ero. • With States labouring under no extreme pressure from , dc o b u t i , u tehietahfuleud,tiecehmicht,othielyop,wevotuldti derive our this source en): condition concerned, i"al emr e n t degree. So far as thi s . G ove ' ri t n ' propriations to domestic objects approaching in amount a tt: revenue derived from the land tales might be abandoned, and thus a system of unequal and therefore unjust legislation would be substituted by one dispensing equality to all the members of this Confederacy. Whether such distribu tion should be made directly to the States in the proceeds of the sale , , or in the form of profits by virtue of the operations of any fiscal agency haying those proceeds as its basis, should such measure be contemp l ated by Congress, would well deserve its consideration. Nor would such disposition of the proceeds of the sales, in any manner, prevent Congress from time to time from passing all niceSsary pre-emption laws for the benefit of the actual settlers—or from making any new arrangement its to the price of the public lands which might in future be esteemed desirable. . . . The state of the Navy pension fund requires the immediate attention of Congress. By the operation of the Act of the 3d of March, 1837, entit'ed "an Act for the more equitable ad ministration of the Navy Pension Fund," that fund has been exhausted. It will be seen, from the accompanying report of the Commissioner of Pensions, that there will be requirt d, for the payment of Navy pension, en the first of July next, 84,006 06 1-3 dols , and the first of January, 1842, the sum or 60,000 dole. In addition to there sums, about 6,000 dole. will be required to pay arrears of pensions which will probably be allowed between the first of July and the first of January, 1842, making in the whole 150.006 06 1-3 dole. To meet these payments, there is, within the control of the Department, the sum of 28,040 dols. leaving a deficiency of 121,966 06 1-3 dole. The public faith requires that immediate provision should be made for the payment of these sums. In order to introduce into the Navy a desirable efficiency, a new system of accountability may be found to be indispen sably necessary. To mature a plan having for its object the accomplishment of an end so important, and to meet the just expectations of the country, require more time than has yet been allowed to the secretary at the head of that department. The hope is indulged that, by the time of your next regular session, measures of importance, in. connection with this branch of the public service, may be matured for your consi deration. _ Although the laws regulating the Post-Office Department only require from the officer charged with its eirection to re port at the usual annual session of Congress, the Postmaster- General has presented to me some facts connected with the financial condition of the Department, which are deemed wor thy the attention of Congress. B y the accompanying report of that officer, it appears the existing liabilities of that Depart ment, beyond the means of payment, at its command, cannot be less than $500,000. As the laws organising that branch of the public service, confine the expenditure to its own revenues, deficiencies therein cannst be presented under the usual esti mates for the expenses of Government. It must therefore, be left to Congress to determine whether the moneys now due to the contractors shall the paid from the public Treasury, or whether that department shall continue under its present em barrassments. It will be seen by the report of the Postmaster- General, that the recent lettings of contracts in several of the States, have been made at such reduced rates of compensa• tion, as to encourage the belief that if the department was re lieved from existing difficulties, its future operations might be conducted without any further call upon the gene-al Treasury. The power of appointing to office is one of a character the most delicate and responsible. The appointing power is even more exposed to be led into error ; with anxious solicitude to select the most trustworthy for official station. I cannot be sup posed to possess a personal knowledge of the qualifications of every applicant. I deem it, therefore, proper, in this mot public manner, to invite, on the part of the Senate, a just scrutiny into the character and pretensions of ever person I may bring to their notice in the regular form of a no mination for office. Unless persons every way trust worty are employed in the public service, corruption and irregularity will inevitably follow. I shall with the greatest cheerfulness acquiesce in the decision of tha.s body, and re garding it as wisely constituted to aid the Executive Depart ment in the performanCe of this delicate duty, I shall look to its " consent and advice " as given only in furtherance of the best interests of the country. I shall also, on the earliest pro per occasion, invite the attention of the Congress to such mea• sures, as, in my judgment, will be best calculated to regulate and control the Executive Power in reference to this vitally important subject. I shall also, at the proper season, invite your attention to the statutary enactments for the suppression of the slave trade, which may require to be rendered more efficient in their provi sions. 'There is reason to believe that the traffic is on the in crease. Whether suth increase is to be ascribed to the aboli tion of slave labour in the British possessions in our vicinity, and au attendant diminution in the supply of those articles which enter into the general consumption of the world, thereby augmenting the demand from other quarters, and thus calling for additional labour, it wee • needless to inquire. The high • est considerations of public honour, as wed as the strongest prompiit ga of humans' v, require a resort to the most vigorous efforts to suppress the trade. In conclusion. I beg to invite your particular attention to the interest of this District; nor do I doubt but that in a liberal spirit of legislation you will seek to advance its commercial as well as its local interests. Should,Con,gress deem it to he its duty to repeal the existing Sub-Treasury la,v, the necessity of providing a suitable place of deposit for the publi'- moneys, which may be required w:thin the District, must be apparent to all. I have felt it due to the country to present the foregoing tepies to your consideration and reflection. Others with which it might not seem proper to trouble you at an ex traordinary session, will be hid before you at a future day. I am happy in committing the important affairs of the coun try into your hands. '1 he tendency of public sentiment, I am pleased to believe, is towards the adcption, in spirit of union and harmony, of such measures as will fortify the public interests. To cherish such a tendency of pub lic opinion is the task of an elevated patriotism. That dif ferences of opinion, as to the means of accomplishing these desirable objects, should ex'st, is reasonably to be expected. Nor can all be made satisfied with any system of measures; but I flatter myself with the hope that the great body of the people will readily unite in support of those whose efforts spring from a disinterested desire to promote their happiness—to pte. serve the Federal and State Governments within their respec tive orbits—to cultivate peace with ail the nations of the earth on just and honourable grounds—to exact obedience to the laws—to entrench liberty and property in full security and, consulting the most rigid economy, to abolish all useless ex penses. Washington, June 1, 1841. JOHN TYLER. APPOINTMENTS BY THE GOVERNOR AND SENATE. MAY 25, 1841. NEW YORK.—JohnlA.lSchuyler o Notary Public, in place of John A. Magher. A. Cordon Hammersley, Notary Public. Francis H. Peckwell, Caller of Staves and Heading. KlNGS.—Benjamin D. Stlliman, of Brook4n,Examinar in Chancery, in place of Abraham D. Soper. MAY 27, 1841. So!on Grout, of Rockingham, Windsor county, Vermont Commissioner of Deeds for the State of New York, NEW YORK MONEY AND COMMERCIAL NEWS, NEW YORK RATE OF SALE OF STOCKS, JIJNIE I. Dols. 21,000 Indiana Sterling Bonds ... 5,000 do. ...... do. 5,000 d 0... ...Dollar s 90 60i 1,0(.0 do. ~ _Long Bonds 90 shares Delaware and Hudson 102 125 do do. 1021 100 ....d0.......N0rth American Trust 75 do do ......... lll, 425. —do U. S. Bank b 60 214 45 do do, ...... ~. 35 do Canton Company 100 do Vicksburgh . 74 200 do do 25 do Mohawk 7l 100 do ... ............................................ 13 60 721 200... do Patterson Railroad .....„ _ ~.,. 54" ..... 40... .d 0... New Jersey, R R B3 50 do N. Y., Boston and Prov.„ ~ 32i 5 do Boston and Providence..„, 9Bi 85 do. _Harlem R. R„ 29i 3,000 on Philadelphia t1.5 1/ Second Board. 25 shares United States Bank 16 do Bank of Commerce full... 100 75 .....do .North American Trust ll6 50 do . 50 do 's icksburgh 25.. —do do 50 do Leng Island Railroad • 100 d 0...... .Harlem R R and as that Journal asserted that any forbear ance might be ascribed to the Sovereign, we have its authority fo r r saying that her MA JESTY has heartily assented to an appeal to her people, whether the exigencies of the State shall be provided for in the least burthen some manner. Her MAJESTY, with all the authority of the Crown, is fairly committed to the principles of the Whig Budget, which have been so unceremoniously condemned by the monopolist House of Commons. From the monopolists an appeal is made to the electors, who will have to decide whether the taxes shall or shall not be wisely and fairly levied. But as her MAJESTY takes our side, and the taxes cannot be levied on the monopoly principle without constraining her, the electors must also decide whether her MA JESTY is to have other Ministers, to whose princi ples she is opposed, forced on her by a new House of Commons. To continue the present system the Crown must be coerced. The Tory monopolists ap peal to the electors to destroy at once the rights of the Crown and the rights of the people. As in the olden time, the Crown is now allied with the people to resist the aristocracy, and the people will be eternally dishonoured if they submit to the monopolists and allow them to coerce the QUEEN. There are certainly not wanting examples in our history of Ministers being forced. on the Crown, but in those cases the Ministers were on the popular side. The bulk of the community, and justice, were with them. Whatever support the monopolists may obtain in the counties, the great majority of the people are against them, They. are buoyed up by no enthusiasm in a supposed good cause. They have no proud consciousness of rectitude, no - solemn conviction of duty, to encourage them in their opposition to the Throne. They seek to preserve a monopoly, which they know is both odious and unjust. Their motives are the most sordid, and the most remote from enthu siasm. They are at once dishonest to the people, and disloyal to the Sovereign. To bear up against disloyalty and dishonesty they have only their own. ambition and their own avarice. Their bond of union is that of banditti, and the instant they suppose they are safe, they will quarrel for the plunder. Her MAJESTY has done her part, the electors must now do theirs. Whoever votes for a bread taxer, votes against the QUEEN. Whoever votes fbr dear sugar, votes to coerce her MAJESTY. Whoever votes for the monopolist ship-owners, votes both to plunder the people and oppress the QUEEN. No nation ever had a holier cause than ours, and Britons must have lost all respect for the Throne, and all respect for principles of mo rality, if they constitute a House of Commons on the principle of maintaining unjust laws, and forcing her MAJESTY to acquiesce in them. We have not considered the comparative statements of the reductions of taxation lately trumpeted forth by some Whig and Tory jour nals as of much value. Unless such statement: be accompanied by a complete knowledge of ali the circumstances on which the reductions were made, they are as likely to cause an erroneous as a correct impression. The Tories are said, for example, to have reduced the taxes subsequent to the war some 20,000,0001. sterling, while the Whigs are alleged to have reduced them only about 7,000,0001. in ten years. But it was surely much easier to reduce 20,000,0001. on an expen diture of 70,000,0001., than 7,000,0001. on an expenditure of 50,000,0001., with equal establishments, and which, according to the Tories, was the lowest possible point to which expenditure could be carried. It, after the Tories had reduced the taxe..! 20,000,000/., alleging that arwther farthing could not be spared, the Whigs had reduced taxation 1,000,000/., instead of 7,000,000/., as their op ponents admit, they have deserved well of the country. Unless, therefore, the reductions pre viously made by the Tories be taken into ac count—and the greater they weje, the greater the merits of those who made still further re ductions—the conduct of the Whigs in reducing taxation cannot be duly appreciated. Another circumstance, for example, which in fluences the merit of the rival parties---the only point in dispute—is the character of the Opposi tion during their respective periods of Govern ment. When the Tories were in office, the Op position was continually urging economy, and forced them, by out-voting them in some cases, to make those reductions for which the Tory scribes now give their party credit. Thus the repeal of the Salt-tax, of the Leather-tax, of the Irish Window-tax, &c., &c., in 1822, was forced on the Tory Government by the Whig and Radical Opposition, and the merit of those and of almost all the reductions made while the Tories were in office, really and truly belongs to the Whigs. While the Whigs have been in office, how ever, the Opposition, far from forcing the Govern ment to be economical, has been continually abusing it for its saving spirit, and continually urging on a greater expenditure. In Parliament and out of Parliament, the Tories have exclaimed against, our too much reduced establishments, and have never voted for a single reduction, ex cept that of the proposed allowance to Prince ALBtliT. Even on that point they resisted Mr. HUMVS proposition to make the Prince's income 20,000/. From this plain statement of well-known facts, it follows that the greater por tion of the merit of the Tory reduction is really due to the Whig Opposition, while all the merit of the reductions made by the Whigs is exclu sively their own. Now, unless these circum stances be remembered, the statements made by our Contemporaries must produce an erroneous impression. The principles and the inclination of the Tories, whether in office or in opposition, tend to in crease the public expenditure with the sphere of the Government operations. Their nds elaievous propensities require the perpetual curb of economical opponents. One of the last peti tions presented to the monopolist Parliament was by Sir R. INGLIS for Church extension, and one of the first acts of the Tory Government, if it be true to its principles—if Sir ROBERT PEEL believe what lie has often asserted, namely, that it is the first duty of the State to provide for the religious instruction of the people in the principles of the Church of England —must bn to vote a sum of money to build churches and endow parsons. The surest way to prevent that, and every similar waste of the public resources, is to keep the Tories out of office; as the surest way to make rhatever Ministers are in power economical, is for the electors to be above bribes, and to insist that their representatives shall not vote away the public money. The Whigs may be made more economical, and the Tories may be taught not to take a single farthing from a confiding people which is not' required for the public service, if electors determine to support only men who, like Mr. HUME, will steadily resist every wasteful 4nd dishonest application of the public money. We direct attention to a communication con cerning the county of Middlesex. It will be a disgrace to the Radicals and Whigs if the me tropolitan county do not return two Reformers, as heretofore, and an indelible disgrace to them if they do not try, at least, to give Mr. BYNG a reforming colleague. We have received a tile of the New Zealand Gazette, to the 30th 01 . Jan, inclusive. A slight disturbance had taken place between the civil authorities and some natives. It appears that a Dr. TAYLOI, had been robbed of some goods by a native, and on complaining to the Magistrates an order to arrest the culprit was issued. He resisted, and being aided by his associates escaped. The chief Magistrate, Mr. MURPHY, accompanied by PrT, and three soldi , r , i, with i:‘1)r! constables, went in pursuit of the - robber. On arriving at where he was concealed, the soldiers were ordered out of sight till the effect of the Mtkgistrate's pregri.nee upon the natives could be tried. iYhtn the cOi_istables approached, one of them was attacksd b y a native with a -; spear, upon which Lieutenan t J3EST drew his sword to defend him. The native rushed upon the officer, and threw him down, ~vhen another na ti v e snatched the scabbard of his sword and made off with it for the bush. A shot fif:T l one of the soldiers obliged the fellow to drop' the scabbard, but the contest ended with the escap'`'• of all the culprits. This is the only affray which we believe has yet taken place between the settlers and the natives. The following article from the New Zealand Gazette of the 16th of January, is important as showing the agricultural prospects of the colony. Port Nicholson at that t;me boasted of support ing thirteen inns and. public-houses, and two re spectable clubs, one of which is called the " Pick wick Club" : We do not think we have ever seen finer oats, barley, and wheat, than is growing up the Hutt. The ears of the wheat are six inches long, and the straw nearly four feet high ; the oats and barley we did not measure, but some wild oats we measured upon the top of the Tinakori range some weeks since we found to bc-, three feet two inches , high, and were nearly ripe. It has generally been allowed by persons who have visited various parts of New Zealand that they have not seen any land surpassing the valley of the Hutt in fer tility of soil. It was supposed however, the expense of clearing would prevent its being cultivated at present. Some persons estimated the expense at 701. per acre, but one good agriculturalist added that if it did cost that sum, it would still be a profitable mode of investing capital, so high was his opinion of the pro ductive power of the soil. Experiment is settling the question ; land is being well cleared and. fenced at twelve pounds per acre, and it is our opinion it will be cleared for very much less when per sons are practised in the trade, We expect to- see it cleared at 51. per acre ; for though the trees are often large, there is not near the quantity of wood to be found upon an acre in an American pine forest, which is commonly cleared and fenced at three to four pounds per acre. We hope in a few months to be enabled to report a large quantity of land under cultivation, as several en terprising settlers are no w busil y occupied upon this im portant branch of colonial prosperity. We are satisfied that a very few years will find the Hutt sending out 20,000 quarters of wheat, and as many tons of potatoes. It must not, however, be overlooked that we have a large and important agricultural population in the natives. They have done much for us in the way of clear ing land ; in this very harbour they have saved us an outlay of thousands of pounds. They are skilful in the trade, and foreseeing a greatly increased demand, have been sedulously employed in clearing and planting large tracts of country this season. We have no doubt that the produce of the harbour will this year exceed all our wants, in addition to which we know of about seven hundred tons of potatoes which during the season will be brought into this market, and be disposable for shipment to the other colonies. It is quite evident the uncertainty of demand which existed before this Island was regularly settled as a British colony, was the main cause of the natives not producing on a yet larger scale than that for which, as a savage, the New Zealander has long been celebrated. Our coming here has been attended with a material in :ease and improveme nt in their warts, onl y to be sup -oplied by- .an increase of labour, which they a re seen at ing, in the most profitable manner for once to be app: " They have acquired a strong pre themselves and' us. r and bread, they have much 'Election in favour of Ito: as they have seen clear land, and we doult. n©t soon become purchasers grain converted into flo ur, th4c y of seed wheat, and in a ve r y short time t.2lltribute a large quantity of grain to the mills of this efettlem,:ut• The Levant Mail has at last arrived, bringing lb. and papers from Constantinople of the 27th, from Alex": andria of the same date, from Sinyrna of the 29th ult., and from Malta of the 6th instant. We have likewise re ceived advices from Syria of the 14th, and from Athens of the 30th ult. The whole mass of news from the Medi terranean does not, politically speaking, amount to much. On the 22d ult, according to one report, and the 21st, according to another, the Divan at Constantinople drew up a new firman, in conformity with the wishes of the Great Powers, conferring upon M EHE MET ALI the here ditary government of Egypt. This firman is reported to consist substantially of five articles to the following effect:— Article 1. The hereditary p ossession of Egypt is gua ranteed to MEHEBIET Am and to his descendants, as Governors under the SULTAN, in a direct line. 2. MEHEMET ALI is to have the authority of nomi nating to all offices, civil, • military, and naval in Egypt, up to the rank of a Colonel in the military service, and its corresponding grades in the other services. Higher ranks, and the title of Pacha, is only to be conferred by the VICEROY, with the consent of the SULTAN. 3. The annual tribute to be paid by the VICEROY IS 80,000 purses, or 40,000,000 piastres, it sum equal to 400,0001. sterling. 5. The laws and regulations of the Ottoman gmpire are to be observed in Egypt, with such changes as 11 , e peculiar habits and dispositions of the Egyptian peoplO may render necessary, which changes can only be allowed after they have been submitted to the consideration and received the sanction of the Sublime Porte. The amount of tribute is enormous when the impo verished condition of Egypt is considered, and still more when it is borne in mind that no part of it is to go t 9 de fray the expenses of the local Government. Our ad vices from Alexandria would lead us to conclude that MEHEMET ALI would refuse to pay such a sum. The news from the Greek capital is of considerable interest. It appears that King OTHo, whom all the world took for a fool, is about to turn out a great warrior, charged with the holy mission of restoring Greece to that height of glory from which her own in ternal divisions contributed more to hurl her, than the vigorous, all-corrupting policy of Macedon, or the world subduing genius of Consular Rome. On Sunday, the 23d ult., his Hellenic MAJESTY, his QUEEN, and all hi s c ou ;!. attended a performance at the theatre, the proceeds of v...1.1ich was to be remitted to purchase arms r the insurgent Candiotes. About and ammunition sterling) were collected, of 10,000 drachmas w c h ri i b ch e w h o i s model of generosity, sub - QUEEN goo t and the Prince Royal, sub scribed T h H is °, out of his travelling pocket - money , ;90. 1- M. LAGRENE, er of the corps the French Minister , was the onlymera, diplomnatique present on the occasion. As o the KING, he is _said to be mad for a w a r with the Turks, find , en tertains a conviction that for him is destined the g,,-Iry of hoisting the Greek flag upon the highest turrets 01 the Mosque of St Sophie. A letter from Rhod6, 16th ult., in the Smyrna Journal, mentions that two or three pirate boats had lately bern seen prowling about the island. The same Journal has also a com munication from Salonica under date of 14th ult., saying, " We have not received intelligence cf the Greek Admiral Canaris, who uas sent out in April by his Government inchase of a num ber of pirates who had made their appearance in the Gulf of Vol.", and even approached Scopelo and other neighbour ing islands. The French brig of war La Flecks, Captain Bret. sailed hence on the 3d, to make a cruise in the gulph, and is daily expected to return. The Austrian sloop Lipsie arrived on the 11th from Smyrna; none of the ships which have come in were met by pirates, but it is asserted that a Greek schooner was plundered by one of them in the bay of Ca da d only a w hours' sail from Salonica. The Cap tain is said to have been robbed of 3,000 drachmas and his provisions." The Paris Journals of Monday have all been received, but their contents arc of little interest. We have like wfsd received the following news, by an express from Paris, 16, e d yesterday : The Bill authorising the Government to expend 501,320,400 f. (20,00(1,000/. ), ex t ra ordinary works, was passed by the Chamber of Peers on .3ionday,by a m a j orit y of 93 to 23. Our acnttritsfrom Algiers Pf the 14th instant state that the and Milianah were proceed military Operations round Medea; wart of the Arabs ; t cceding without any opposition, on thb of June, when they they would last the entire of the month were to be suspended until autumn. of niversary The Austrian Observer mentions that the at.. the fete of the Emperor of Austria was celebrated at ...n°n'tan tinOple Stith great pomp on the 30th ultimo, by Baron t?tur mer, the Atititrian internuncio. The Angsburgh Gazette of the 19th, under date Vienna 14th, contradicts the report of disturbances in Macedonia and Thessaly. The collective opinion of the French press, and of all the men capable of forming one on the subject, was, that the Eastern question will not have been settled by the ultimatton sent. to Mehemet Ali by the Porte. By the ordinary Madrid mail of the 15th we learn that the Minister of Finance had rejected the two propositions of an adVante of funds, made by the capitalists and the Bank, but that a tiltrthint had agreed to lend the Government a sum of 10,000,006 efeat4: The widow of General Mina was pre paring to return to (.4,cflinna, having declined accepting the office of governess to the Fnung Queen. The Chamber of Deputies adjourned for some days on the 15th. The Five per Cents. were done on the 15th at 26 1-16th a for cash, and 261 at 60 days'. According to advlees from Barcel ona of the 15th, public, tranquillity had net been diitarbed in that city since the ith, but the manufacturing associations had addressed memorials to the Regent urging him to adopt severe measures against smuggling, and to introduce no alteration in the tariff. BOURSE P ARIS, MONDAY, JUNE 19. f irst Highest Lowest Last Price Price. Prick Price F erch 5 per Centel ~ ~, 114 (0 114 65 ... 14 50 ... 114 50 4 per Cents i;l/ :30 ... 99 30 99 20 .. 99 so 3 per Cents. ex. div 76 80 .. 70 t•O ... 76 5.1 ... '76 50 of France 52.31 50 ..22 - '2 50 ...3,22 50 ..3212 5.; Lattitte Ranh 1,0001. St ares 1075 ...1075 ...RIO ...1070 %nem'. tit , ares 5165' ...5!65 ...5I 65 ...5165 5 per cento. New Loan lOl4 ... 1 114 101'4 i nz nish Active Yk% i 3 ... 5 Passive 1 ,4 51 4 ; 514 olitan Neap 10114 ... 102 ...10114 ... 102 or 6 abRAILWAY SHARES. 200 ... • 1•0 ... 198 '75 198 75 535 0:25 ... 225 155 • 45 ... 45 - 3 .167 50 481 SO - , 230 Versailles, LB R. B louen testis 487 50 .. 4t, itrasburg to 8a1e... 2it 25 ... .31 1 25 ... Their _Majesties the King and Queen of the Delp, and Suite are expected to arrive in town on a visit to her Majesty either to-day or to-morrow, A Privy Council is appointed to he held at two O'clock this afternoon at Buckingham Palace, at which it is ex pected a Proclamation will be issued for summoning the new Parliament. The Chancellor of the Exchequer has left town to at tend his election at Portsmouth. WiNTmrcc , ITER ELYCTION.—We are informed tint t 1:11num.;;:t.1 iii _ii self as a candidate for 'Westminster, has tin chance whatever of being returned. his appearanm, theref ore , at the present moment as a candidate oil the Libcild THE MARKETS„TuNE 1. The Merchants' cargo of Teas were offered by auction this morning, but nearly all withdrawn, though the lots sold brought about the same rates with recent sales. The Cotton Market is firm and the sales moderate, say 300 bales this morning. Flout is heavy, and sales of good Ohio have been made at 4 dol. Slc., which is a decline of 6 cents. Corn fluctuates. Part of a cargo of Corn was sold yester day at 65 cents. per binhel, and the balance 62 cents. Potashes are brisk at 5 dol., and buyers would be glad to get Pearls at the same price, but holders demand 5 dol. 25 cts. Stocks are rather buoyant. U. S. Bank Notes 19 dis. Exchanges, including Certificates and Checks :—Bills on Londcn 7i a 8 ; Ditto, France, Of. 25c. a sf. 26Ac. The first Parliament of Queen VICTORIA' s reign is closed. It was yesterday prorw,med by her MAJESTY in person, with a view to its imme diate dissolution. The proclamation dissolving it has not yet appeared, but that is a mere matter of form, and the monopolist Parliament, a Par liament to be for ever reprobated in history, is extinguished. We heartily thank her MAJESTY both for put ting an end to it, and for the manner in which she carried the sentence into effect. Her MAJESTY'S speech was worthy of the occasion. Discarding all extraneous topics, thereby telling the nation that neither our foreign relations nor any thing in our domestic concerns is at present of the least im portance, she dismisses the Parliament on the single ground of ascertaining the sense of her people, on the propriety of providing for the wants of the public service in " the manner the least burdensome to the community." On that phrase her MAJESTY laid a strong emphasis; she read all the speech with dignity and firm ness, but her MAJESTY'S manner of reading that passage, demonstrates that she makes the cause of her Ministers and her people her cause, and that she lends all the authority of the Crown, with all sincerity and zeal, to the great principle of relieving the people from some of those taxes which are a grievous burden on them without contributing anything to the Exchequer. That her MAJESTY duly exercised her prero gative admits of no doubt. That she has any other object in exercising it than that of promot ing the interest of her subjects no man but a thorough Tory partizan will assert. The para mount importance of trade is palpable to all but the bread-taxers; and the hope that public business may be facilitated by the authority of a new Parliament is shared by every human being in the empire. Generally we have to complain that the Royal speeches are too meagre, but this, in few words, says all that is necessary. It is at one 3 shmait, and pregnant with nteatii:zg .We were afraid, on reading the Morning Post yesterday, that the Ministers would not have suggested to her MAJESTY to speak out so plainly; EVEN ING EDITION. terest, can only be produetive of mischief. - JLe 1 - nlaY mean no harm—he may only wish to obtain an electoral sanction to a good principle; but folly sometimes effects more injury even to those whom it loves than guilt, and we trust Mr. Wilkes, particularly if he possesses all the claims on popular support he lentions in his address, will see the propriety of not forfeiting t hem, and wall withdraw from the ridiculous situation he has thrust; himself in. If he do nut, the assertion which we have heard, thathe is acting under the influence of the Tories„ will appear credible, and will receive general credence. One of the impudent and lying asser tions of the bread , taxers is that for every quarter of foreign corn intro inced into consumption in England, a quarter of British co :4 would be driven out of the market. For several years p ast we have im p orted on an average netudy' 900,000 qrs. of foreign grain. Has there hi that time been 900, ()Ci° qrs. of British grain driven out of the mar k e t ? :ins a field been left uncultivated in conse quence of the im p ortation ? No. The assertion, then, is a bread-taxer's tie. It might be true if wheat down to 30s. per qua :'_vter — if the people were fed in were sitting in idleness--"-And wheat I vere to be sold Hamburgh for 15s. per quar'Nr. At pi•esent our people need much more food than they can ge,; p robabilitythey lire is dustrious, and willing to work, and the rtih that importing foreign wheat would give th ern strenf, to work more, and create a greater demand for British,n were wheat. The bread-taxers, in default of argil!. lents, that ploy themselves in coining lies ; and the asser tl° ll „,. every quarter of foreign wheat imported would :I ' sP ' — r a quarter of British wheat in the marke t, is a tn. "'P e of their mint. +' the THE SHERIFF'S AND SIR ROBERT PEEL.—SOITIe O. 7 City wits, renowned for practical yok es, have shut up 0. ° dolls in a cage, dressed like the Sheriffs ; and with till,' emblem of the insulted privileges of the City, they Wo n the electors against' voting for Lord John Russell, who asserted the privileg se eof Parliament. Unforttinately for. the party joke, Sir Robert Peel boasted in the goo he of Commons in his speech on the sugar question thci.t had stood by Lord J. Russell throughout the privilege question. The Tory wit tells, therefore , aga inst the 'VT chieftain. Sir Robert Peel, who commanded the OpP° s _,' - tion, and controlled the Government, was the real author of the imprisonment of the Sheriffs, as lie has always been the assertor of the privileges o f Parliament, and the enemy of the privileges of the people. The caging of the Sheriffs, and the passing of the Poor-la w, e which for an electioneering putpose, are ascribed to the Whigs, belong quite as much to the Tories as them. The sins of both are now brought home to them. BOROUGH OF FINSBURY.—A meeting of Mr. Wakte. , friends takes place this evening, at seven o'clock, at the White Conduit House, when the Hon. Member will be present. TRICKS OF THE TORIES.—The Standard last nig bt • published the following placard which it received fly s " Bath :—" Cancel the national debt ! Free trade, cheo bread, and plenty will be the result. Let the peoolef. therefore, establish ' Anti-National Debt Leagues.; I ° every town, for the purpose of accelerating that eve,nt - Vote for Roebuck and Duncan ! No nat i on al debt. .04° Corn-laws." It is plain, on the face of such a preposter ous notice, that it is the invention of some Tory, w iw i expects by it to damage the popular cause. The nationa, debt will soon be cancelled if the bread-taxers be alloweo much longer to plunder and irritate the people. Th e Anti-Bread-tax League have proclaimed again and aru' l that the people Cannot pay the national debt anfth i e bread-tax, consequently the real enemies of the fun''' . holders are the bread-taxers, and their real friends aim those who seek to put an end to the bread - tax i n order f . that the nation may be able to continue the payment of the debt. The placard is obviously an in vention of the Tories, and even the bold and ingenuous Standard does not venture to imply that it emanated front the Co of mittee of the Radical candidates, or was know n to any their friends. It is an insult to the understan din g of °A reader to suppose that he will be taken in by such a bal . ' . artifice. 1 ' MONEY and COMMERCIAL NEWS' CITY, TWELVE O'CLOCK: / LIVERPOOL COTTON MARKET, Julia 22.—We have Biw a very fair market to-day ; the sales 3,000 bales to the trade at previous rates. LIVERPOOL SHARE MARKET, JUNE 22 .—The Share Mat - LIVERPOOL ket to-day at the Stock Exchange has been again estrentel The transactions are Manchester, Bolton , and 113110' 52 ; Grand Junction, 202. Other Stocks at previous ea- tations. MANCHN:STICR STOCK EXCHANGR, JUNE 22.—We have a i ° change to not e in our Market. London ,and Birmingham , 1 , 5 , 7 g f " , Manchester and Leeds, 52 to 53 Half &hares, 21 22; °L' e ,.,3 field and Manchester, 20 ; Manchester and Birmingham, " to 24; Bank of Man chester, ' 6s. 6d. and 65.; ManchesterPla" surance, 9i. Exports of Precious metals from the port of Lon4enZ t e h : week ending the 17th inst. : Silver Coin to Hamburgh . . 1420„ to Rotterdam . but , Bars Gold and Silver Coin to West Indies We have two arrivals, this morning from New York, t - Mediator, at Portsmouth, and the So uth America, at Liver - • pool, of the Ist June ; but to the present time no papers b aYe been received. The We have received New York papers of the lst June• following are extracts : — There was a fair amount of busiu"--, s'-%4 done at the Exchange Board to - day , and the market was fit; about 1,400 shares of the United States Bank were sold, lauvt off at 21i, an advance of 11- per cent. on Saturday's se''" The operations in State Stocks were large, and, in some stances, at an advance on the last sale at the Board. anier The transactions in the Foreign Exchanges for th e stea--,he which leaves Boston to-morrow have been very larg e, and _Af` remittances for the full purchases are now nearly all %av - , The market closed very twin to-day at 6to tip for Ster • ft).. .4 10:, 31 0 1,TE VIDEO, Aram 6.—(Extract of a letter.)—geiue: Ats4,o w i t h is „,:losed a translated copy of a decree promulgateu-Yi this Goverment, under date of the 11th February, 184 1, r o e ' lative to war measures against the commerce of the Are s tine republic. In consequence of this a vast number of w".„ , boats have been fitted and armed, and departed upon a cr,,, al '4 under commissions or licenses from this Government. ii o are generally manned with foreigners of all nations. ;6 bolical attempt has recently be:la made upon the life of G etle a y* • Rosa by the introduction of an il:fernal machine. Repor t s t be it was sent from France. Vessels are . daily arrivin g fr o o t ot o` , „' States and elsewhere, in anticip a tion of good freights , have been generally disappointed. We learn from the United S t ates boarding Officer t u t 17,889 passengers have arrived at this port from foreigil a b o ut tries since the Ist of January last. This, we should say , is a ! fe ii the usual number. During the whol e of la It y ear there artio: here no less than 62 ,7 97 passenge r s from _foreign cou utr year before last, 48,152. • THE 'CO • Her Majesty's Speech has notFUNDS. la had any effect on the .0,1-1,.... s . #' , " 4 Funds to the present hour. Consuls c ontinue firm: S t the e a t; ing off price of yesterday , at 89 5 sellers for tbe Acc°V,.. Reduced, 89 i 5; Three-and-a-Half Reduced, 984 6 ;,dia chequer Bills, 6 8 prem. ; Bank Stoc k, 168 .1:69; ' Stock, 247 24$ ; India Bonds, 1 dis. 1 prem. . kith In the Foreign Market the prices are nominal as .ve t ,',,i i • nothing doing. Spanish Active same as they left off, `-'•'% e y ' Deferred, 108. i ; Passive, 51; Portuguese, same s t _ l 6s,_. closed, at 33*; Three per Cents.. 194 20; Brazilian, 671 Of . Mexican, 274; Colombian, 204 21 ; Dutch Two-and -a" per cents., 524 4- ; Five per Cents., 99 3 / 4 100. 111 - S HA .rtEs.—Great Weatern, 2.”, 265 prem. ; New' 0 61 prenz, ; London and Brighton , 6 i 6 dis. ; Blackwall, 1 pe r dis. ; Birmingham, 67 69 prem. ; Southampton, 53i 54 2 p er share ; Croydon, 13/ i per share ; Greenwich , 71 share. PRICES OF SHARES THi'S DAY AT 00' ICAILWA YS. Paid. • Per Share, Great Western Ditto New ..................... 10 3 t° ".- ii - '''' Ditto Fifths ..... -. 44i. t o 431 London and Brighton.. Manchester and Leeds 2I Ditto New Shares...-. 3O -22 ...... to North Midland - ... Ditto Thirds ,... 5 . sa . i ::: t t t.: ----- - York and North Midland... - Ditto New Shares...• •"" 10 - 19ty ...... to ---0 HiI.L.Y - PAST OP/ L f t The British Funds are not q ,•tite so goot 1 as in the earc st of the morning, when they were 89 1 4 fo r the A ccount the present may be quoted 894 ; 1110:ley is to ;ht to-dai tee ' house , ; s, t ß 9oB e ek r : c nh e o d atv , he B i n 9 g l e , de h on a n v e9 e ;B bee n t:19 1 . ; Tla .ee- an el- a - 11 rent' ' a ln ; d E ia xc ß h o: l d Ue S, r S. sine. Bdls 6 8 P. tbe f ' s are T b he ut F i n e r w eig g n uo A ta la ti r o k n e s t . is aslpsoaniriisahct.i,kvcetL in consequence Dr. 'C ferred, 104 ; Portuguese, 33i; Dutch Two 't - h a i n ng thin-and-ad' Cents., Per Cents., 523 ; Five per Cents., 99-?-, 100. Coreig li. Al The Share Mark is in the same state as that Pf the ifili-s' ro ja ; 7, ' Great Western, 90; Ditto, New , 61i ; Ditto, F ee''',, London aLd Brighton, 4 , 1,1; Manchestei • and L' Shares, 211 ; York and No.-th Midland, JO 14. rigSo' i.--0 .i, ri UART E R 2 0 SI T-- - ian - Consols for the Account, 13. 9 3 i ; Mex ic an, 27i ; 24. Nothing whatever doing ,in any of the: markets. V1EM.........................1111b ................. . ' .r% it LL6 YD'S SHIPPING—CriffIS m g to s• yift Loripola, JUNE 23.—Wind this , .day at noon, S• yt o - DEAL, JUNE 22,—Wind S.W. —.Arrived the \ a ; WO& Hart, from Jamaica; from the Ris 'el-, Vect is, for t . ll . tius ; Middleton, Monte Video ; R ose, Kell 3:,: alif e a l-!el: moray, Labrador ; St. Andrew, Qua •bec, pig, rt of td d h the ' . oli • fusing to . proceed in her; Garland ( lrove. S ile with safe r - trude, tor New Zealand; St. James, . Slew 1 . 1 others. r .....Arrice°ls LivEarooL, Jos.IE 22.—Wind S.W. to N. l ;' , ' • the Eli - sa.' a Boccanza, Craig, fro.ni Lima, sailed M. treh 10; rit min i s an Powell, Wake, Pernan,•buco, sailed the Bth ult. ; B _ w i c k • O il ; Speed, Mobfiolre;CfSraolacmruath,Nt,ae.wSt. John's, 1 gew Brun ' . a iled , i i i i l e Thetis, St. John's, vivial, Newfoundland ; 1:-.nice, Vcsint, Trieste. •oatbal,b; 13Q S o l: u er ti encge; America,' 'titer' yloosie.kph;ine, Singapore; „ v adf, the Guigilfati t alu s t HASTINGS, JUNE 2 9 . ATTi N 'cd off ; from Port Adelaide ; Pauline 1 sought z forT 's, .New Brunwick. Arrry _ate, __ Ae p i.. ....,_ Osbert, Dominica; Friendschap, latavi a Anis' "A' liu., I I I; 1 c W. Arrived t" PORTSMOUTH, JUNE 22.—W. S. ()W ' Chadwick, New York, sailed Ju. Acadi:l, Mobile. Vit , . 10 1 , and Pe , e , London. Sailed the Reliance for Boi Itbo Y" Cowes, ,TUNE 22.—Arrived the Br. IV , - a / is. I M tara a 's; iiiiii°) 1, Dat a ro irt Sandmark, from Brazil. ~.„„ Fy., . ft OFF THE START, JUNE 21.—The Fat IL "`",. - :h, Brt" a ' SwANAGE, JUNE 21.—Arrived off, the .1. -a— c h it, W ' Havanna.h ; Felice, Tampico, Bremen. . • n el LOrin ,ieeili, Tortnay*, JUNE 21.—Arrived the Pekin. 1. . - ,„, e s 1‘ 1 `""'" Madras ; John Willis, ditto, for Demerara; J, Cit/ ditto, for St. Kitt's. a the of . ..ive L l oss PLYMOUTH, JUNE 22.—Wind, W.S.W.--.M. .‘,/ ito - of Edinburgh, from Portsmouth, for Dalhousie , Aff ilet t • . fore-yard. .....-P - 49 ; FALMOUTH, JUNE 91. —Wind, W.S.W., str ot'-, ' 3 - la rcb ss - di , the il ern E o n s t a e n r d p , ri A s Smart,t h ., Thom, :Aa f r r s o e m ille A s ! ov,n,tiethVlaikdseoo,f sai ma 1e i.,14 ":, e' t ' ' Sc. Sailed the raganza (steamer). for Vigo, ''' c ivi, Ila c cro lltPli r BRISTOL, JUNE ' 22.—Arrived the Pandora, fro! , e i tr ea'; CLYDE. JUNE 21.—Arrived the Atlas, Reynol olg, es . • Brutus, Henley, Tobago; Jane B r own, ~0 33, .... ii , i ,l 4 maica , ",, St. John's , N.B . ; Sampson, DM , I- . „:- ,- Bengal, Evt,._ Montreal. Tri . Leone ; Bellona, - Arrived the Ellen, Ross, fro, Si , ii„,,b ,1.6.1. DuBLIN, JuNE2O.-- 'led the Ceylon, Leslie , r. CO SHIE Las, JUNE 16.- 5 - " S.W.—Arrived I 14. - - .•.-- ..r ". - 7 • ,$0 , Nevi Bru. HULL, JUNE 22.—Wind, '""'- •nswick. s' Berridge, from St. John' s _ sOt - a d i .7 , , still r a , -;700-vicii. , to DIST:LES'', .N..: - . ^te. it sis about to cle Se• oeot, .. lepvi. that one of 0-nlr fllw--":;:,sy out o f en 4 Jor ; of people in this city are iacq._sitry Fos 4, L are par:taint; the inerlio..-131 `ters P.V 10' q 0 . i {... • ~ ,: `, y; ,; 'r s• . 1- . ~~ . ,:•l