The Sun. — London, England, 1842-10-12 00:00:00

Just Ready, in Three Vols., post Bvo., WIDOWS AND WIDOWERS. By Mrs. THOMSON, Author of " Constance," " Anne Boleyn," &c. Richard Bentley, New Burlington .street. Just ready, in 2 vols. small Bvo., with Illustrations, NARRATIVE OF THE _VXPEDITION to CHINA, om the Commencement of the War to the Present Petind, with Sketches of the Manners and Customs of that singular. and hitherto almost unknown country. By Commander J. ELLIOT BIN GHANI, R.N., Late First Lieutenant of her Majesty's ship Modeste. Henry Colburn, Publisher, 13, Great Marlborough-street. Now ready, in 3 vols., post Bvo., IjlH U NABOB AT HOME JL OR VIE RETURN TO ENGLAND. By the Author of " LIFE IN INDIA." Henry Colburn, Publisher, 13, Great Marlborough-street. " THE MISER'S DAUGHTER" COMPLETE. On the 15th, in 3 vols. post 6v0., lIE MIS'ER'S DAUGHTER. By WILLIAM HARRISON AINSWORTH. With Twenty Illustrations on Steel, by George Cruikshank. London : Cunningham and gortimer, Adelaide-street, West Strand. FIGHT THOUSAND TWO HUNDRED MONEY DIVIDENDS will be divided in NEXT MONTH, amongst 8,200 SELECTED Bonds of the LOAN negotiated in the year 1820, andGUARANTEED by the GO VERNMENT and his Royal Highness the GRAND DUKE of BADEN. 1 Dividend 50,000 Florins ...... 1 do. 25,000 " 1 do. 12,000 " 1 do. 10,000 " 1 do. 5,000 " 8 do. 1,000 " 10 do. 500 " 10 do. 200 " fa J 0 do. 110 " 200 do. 105 467 do. 100 7,300 do. 94 50,000 Florins 25,000 " 12,000 I. 10,000 " 5,000 " 8,000 ft 5,000 " 2,000 " 22,000 " '' .. 21,000 " 46,700 686,200 " 8,200 Money Dividends, amounting to 892,900 Florins, or £74,400 Sterling Money. 8, 9 00 SELECTED Bonds, each of which is sure to obtain One of the above Dividends. Largest Dividend ... £4,166 13 4 Smallest Dividend £ 716 8 12 florins equal to £1 sterling, a trifle more or less, as per the day's exchange. All the Dividends payable without any deduction whatever. Direct for the few Bonds which are still on sale, WITHOUT DELAY, to HEINE BROTHERS at HAMBURGH. Bonds are on sale NOW at £l3. Against the end of this Month the price will rise t0,k14, and the Sale will close in the first dals of November. 'I ho•=e who remit £l5 BEFORE the 28th instant, will re ceive an order for £2 upon our London Bankers., together with the Bond. To those ordering too late for being attended to, their remittances will be returned by first post. HEINE BROTHERS. Hamburgh, October 4, 1842. fIEATRE ROYAL. COVENT-GARDEN. THIS EVENING, OCT. 12, Will be presented Colman's Comedy of the JEALOUS WIFE. Mr. Oakly, Mr. Vandenhoff; Major Oakly, Mr. Cooper ; Charles Oakly, Mr. J. Vining ; Lord Trinket, Mr. W. Lacy ; Sir Harry Beagle, Mr. Harley ; Russett, Mr. Bartley ; Captain O'Cutter, Mr. 6. Hodson; Mrs. Oakly, - Mrs. Salzberg (!ate Miss Phillips) ; Lady Freelove, Mrs. (tiger; Harriet, Miss Cooper. After which (.econd time) Gretry's Opera of RICHARD CIEUR-DE-LION. Richard, Mr. Travers; Sir Owen, Mr. Leffler; Blonde'. Mr. W. Harrison; Florestan, Mr. Horn castle; Guillot, Mr. Binge ; Antonio, Miss Poole ; Wilhelm and Collette, Master and Miss Marshall; Matilda, Mrs. Vidal; Lauretta, Miss Rainforth. Moors open at Half-past Six, and the Performances com mence at Seven.—Dress Boxes 75., Second Price 3s. 6d. ; First and Second Circles 55., Second Price 2s. 6d. ; Pit 3s, Second Price 2s. ; Gallery Is. Tickets and Places for the Boxes to be taken of Mr. Whit low, at the Box-office, from Ten till Four, where Season Tickets may be had. Private Boxes to be had at the Box-office • of Messrs. An drews, 167, New Bond-street ; Mr. Mit c h e ll, Old Bor.d-street ; and of Mr. Sams, Pall Mall. THEATRE ROYAL, ADELPHI. THIS EVENING, OCT. 12, Will be presented a Drama, by Douglas Jerrold, Esq., en titled T E-HAZA RD OF THE DIE. Principal Characters by Messrs. Lyon, 0. Smith, Maynard, H. Beverly, Wright, Paul Bedford, Wilkinson, Mrs. H. Beverly, and Miss Chaplin. After which, THE DAUGHTER OF THE DANUBE. The Imp, Mr. Wieland ; Jeunegarde, Mdme. Proche Giubilei. To which will be added the OWL SISTERS; or, the HAUNTED ABBEY RUINS. Principal Characters by Messrs. Lyon, 0. Smith, H. Beverly, Craven, Wilkinson, Maynard, Frampton, Miss Faucit, Miss Chaplin, and Mrs. H P. Gratton. To conclude with NORMA. Pollin, Mrs. H. P. Grattan ; Norma, Mr. Paul Bedford ; Adalgisa, Mr. Wright. Boxes, 4s. ; Pit, 2s. ; Gallery, Is. Doors open at half-past six, commence at seven o'clock. DA VIDGE'S ROYAL SURREY THEATRE. Continuation of the Nautical Dramas, in consequence of the immense overflows attracted by the heart•stirring acting of Mr. T. P. Cooke, the only acknowledged Sailer on the Stage. THIS EVENING, OCTOBER 12, Will be acted Mr. Albert Smith's new Drama, called BLANCHE lIERIOT, which has met with most decided success. Neville Audely, Mr. H. Hughes ; Hugh Laneret, Mr. ti. T. Hicks; Herrick Evenden, Mr. J. Webster; Blanche Heriot, Airs. R. Horner. After which, FLACK EYED SUSAN, with the Original Cast. To conclude with Leman Rede's popular piece, called WEALTH AND WANT, and THE VILLAGE POLI TICIANS, in which Mr. 11. Horner and the entire Company will appear. Places and private Boxes to be had of Mr. J. Kerschner, at the Box-office, from eleven to four. TO CONRESPOSDENTS. We have recei►ed two letters, apparently from the same Correspondent, but they are written in such a manner that it would require at least two days to compose them. Cross-writing is an unpardonable offence in these days of cheap postage. fl!Gti Iv ATE{ AT LONDON BRIDGE THIS DAY. Morning 22 minutes alter 7 I Evening 3 minutes after 8. %. ..= --:'... ‘ y ~c .1 ..., 0 - • 0 , _ ~ • - r', • r:::::: . vc • pe , ' . , ‘I Arm. ',-** t .4.1. 1tt -44r1 1 / 4 . N i ,_.; z: ,i,9:: ,:,. .. 1 6 0 %ft iftr ii io • 0 - ' ..i , 4.*DtIllt&•;.1,1:1 o't . ~., - 7- 1 1 4 ,- - ) '... - .fsatilZ,loos, '• • .. . n - t-• ~ ~.. i --.., i. ,. ., ~- -• - 1..-. - ' ILI bit -S Mt, LONDON WEDNESDAY MORNING. OCTOBER 12, 1842. -~+-~ A more attentive consideration of the Revenue tables than we could yesterday bestow on them, has brought us to the conclusion that they in dicate a ttt- worse condition of the revenue and the people, than we were at first inclined to be lieve. For three months all Sir ROBERT PEEL'S measures for the relief of trade, with the excep tion of the alteration of the timber duties, have been in full operation, the tariff having become law somewhere about the commencement of the quarter. His policy has been peculiarly favoured by an early and a comparatively abundant har vest, which, defeating the aims of the speculators in grain, compelled them to enter upwards of two million quarters of corn at an Bs. duty, and threw into the Exchequer an unexpected item of nearly a million sterling. The whole amount of duties on corn last year was 525,0001. The sea son, too, has been particularly favourable for the importation of cattle, and more business has pro bably been done under the new tariff this quarter, than will be done in either of the two following quarters. New taxes have been in full operation for half a year—except the In come-tax—and during the last three. months we have had the full effect of the Tariff; the revenue tells with what results. Our readers cannot have forgotten that Sir ROBER T PEEL carried into effect a great many financial alterations, unsettling a number of things, Promising some improvement to all classes, and producing great confusion and per plexity. These changes included the reduction and the augmentathin of several articles of taxa tion ; and to have a correct view of the present condition of the revenue, we must remind the reader of what those changes were. Excluding the timber duties, which do not affect this quarter, the chief reductions of taxa tion were, on various small articles of the tariff, estimated by Sir R. PEEL at 270,000/, on the whole year; on coffee, 170,000/.; on British manutUctures exported, 100,0001.; t h e reduction of the duties On stage coaches, 70,000/.— total, 610,0001 . . The whole of these, except the last, are Customs' duties, and, coining int o operation at the very beginning of this quarter, they should hav e caniied a reduction in the Customs of 110,(Y)0/. But, owing to the million sterling levied on ihu people's food, the Customs show an in crease oi. 1 71000/. on the year, and 206,0001. on the quarter. It is plain, from the increase on the quarter, in which reductions have been ist far exceedi ng t h e increase for the year, t h a for the bread- tax the Customs' duties would have exhibited a great deficiency. The increase of taxation was in other articles. The duties on spirits in Ireland was increased ls. a gallon, which was estimated to yield 250,0001. a year; the duties on stamps were equalised in the two Countries, and from that Sir R. PEEL expected to gain 160,000/. ; and the duties on the e ip - orts.e4his,- as sfinallytsettled at 2a. per ton, lie calculated at 100,000/.—total, 510,0001. Ex cept the last, which is a Customs' duty, these be long to the Excise and Stamps. The increase in the spirit duties, which came into immediate operation, should have caused an augmentation of the Excise duties in the year to the extent of 125,0001., and on the quarter of 62,5001.; whereas the falling off is, on the year, 733,4481., and on the quarter, 434,8311. The real falling off in the Excise in the year, therefore, is equivalent to 858,4481.; and in the quarter to 497,3311. In like manner the revenue from stamps for the year should have been increased by the sum of 80,000/., and for the quarter by the sum of 40,000/., whereas the deficiency for the year is 139,7121., and for the quarter 101,224/., indi cating a real falling off in the year of 219,712/., and in the quarter of 144,2441. Rejecting the two items of stage co - aches and of export duties on coals, as nearly balancing each wile'', the comparison of the quarter ending. October 10, 1842, with the quarter ending October 10, 1841, is as follows :—Taking the unexpected yield of the bread-tax at only 600,0001., the stated produce of the Income-tax at 313,844/., the new duties on cattle, sheep, &c., at 10,000/., the estimated increase of the Excise duties at 62,500/., and the increase of the Stamps at 40,0001., there should have been an increase of revenue in the present quarter of 1,026,344/. From this we must deduct the reductions of taxation, or the fourth part of Sir R. PEEL'S estimate for the 3 ear, namely, small articles of the tariff, 67,500/. ; coffee, 42,500/. ; British manufactures exported, 25,000/.; total, 135,000/., leaving a sum of 891,344/., which the revenue in the quarter just expired, had Sir ROBERT PEEL'S financial schemes been successful, ought to have been greater than the revenue for the correspond ing quarter of 1841. It was, however, 67,4731. less, which added to 891,344/. gives 958,817/. as the sum which the revenue on the quarter is worse than Sir R. PEEL'S anticipations, and worse than the revenue for the corresponding quarter last year. Some of our Contemporaries dwell on the Turn-out as something for which Sir R. PEEL'S policy is not responsible, and which may never happen again. But public disappointment was the consequence of his proceedings, and as long as he persists in levying enormous taxation, without liberating industry, he must expect that the people will be plunged in distress, and will endeavour to obtain relief by violence. Some thing similar has continually occurred, and such scenes are the consequences of our Corn-laws, and our system of primogeniture. Now that the actual Turn-out is at an end, the country is put to a great expense to carry the law into execution, and to maintain a preventive and protective police; we cannot anti cipate times, therefore. in which there shall be no turn-outs, and, consequently, we dread that the accounts for each succeeding quarter will bring us similar or greater deficiencies, which, at the end of the year, will be so great that the Income-tax will dO little more than supply them. The majority of public writers seem to have anticipated, like ourselves, a considerable increase of revenue this quarter, and that, instead of such increase, an alarming deficiency is exhibited, is the most severe blow which the long-cherished hopes of the nation have yet received. At the commencement of July, Sir ROBERT PEEL referred to the good-working of his Corn_ law ; at the commencement of October, three months after all his measures, which are especi ally intended to relieve the public distress, have come into operation, we may refer to their ef fects. - What are they ? Distress is increasing, commerce is slowly stagnating, manufactures are coming to a still stand, and the revenue is dwind ling away. Tariffs abroad and at home are slowly but surely extinguishing the prosperity of England. Hope, too, " the lingering charmer," is taking her flight; and, bad as is the present state of Manchester, Paisley, Leeds, and Glas gow, the prospect there is lost in the deepest gloom. Under the most favourable auspices of a brilliant sky and a confiding people, our great political experimentalist has tested his theories; Sir ROBERT PEEL has had a fair trial ; he pro fessed to cure the public disorders—he has com pletely failed. It is pleasant to find the two leading Tory journals, though their motives be something like spite against the master manufacturers, become the zealous advocates of the industrious classes. The Post has found out that our labourers, without free trade with the Continent to reduce them to the level of the continental labourers, are naked like the Irish, and greatly in want of food like the English. The Times, too, has dis covered that whatever change may be made in our commercial relations, the labouring workmen never participate in the gain, and that whatever losses may be incurred, they chiefly have to pay the piper. These are most important admissions, considering that these journals are the zealous advocates of Conservative policy, that the classes whom they describe as being so destitute and so unjustly treated, constitute by far the largest part of society, and that the Government which they defend is established and upheld for the sole purpose of promoting the welfare of the majority, or the greatest happiness of the greatest number. Both these journals adopt this line of argument in order to throw a slur on the master manufac turers, who ougbt, they think, patriotically and philanthropically to provide for all the labourers they may have ever employed, whether they re quire their services or not. The master manu facturers, however, make no pretexts or profes sions of the kind. They avow that they study their own welfare. They do not disguise their selfishness. They do not set up for the defenders of the poor. They ask no rewards, they receive no homage for pretending to perform any such services. The labour which they need they buy in the market, as other men buy hats and shoes; and as a man is acquitted of all obligation to his hat-maker and his shoe-maker when he pays for the articles, so a man who hires labour is ac quitted of all obligations to the labourers when he honestly pays them the price he has con tracted to pay. At least, these are all the obli gations of justice; there are those of charity arid kindly feeling which are common to all men, and as much a duty of the labourer, within his sphere, as of the employer. The Government, with all its pomp and power, all its taxes and penal laws, all its provision for a great army and a great body of clergy, all its establishments for education and protection, pre tends to provide for the welfare of society. It sakes that important duty on itself. It will not allow other persons, like the Chartists, to inter fere with it. The Government has no selfishness, it receives homage, and exacts a rich reward for defending the people against all kinds of evil. It interferes with them, it controls them, it pre tends to regulate them, and it makes itself re sponsible for their happiness. The complaints And descriptions of our Con temporaries, then, do not affect the master nanufacturers, but they are a bitter satire on the Government. When it allows the working classes to bear exclusively all the evils of society, and does not take care to give them their full share of every improvement—when the multi tude want food and clothing, and it does not provide both, the Government grossly neglects its duty, and completely fails to accomplish the purpose for whick it demands and receives the obedience of the people. When one leading Conservative journal shows that the labouring workmen are always oppressed, and another complains that they are half starved and in rags, may we n o t ant i c i pate the coming of a po li t i ca l millennium, when the Conservative Peer shall invite the workman to share his political power, wing the bulk of the landowners shall forego all rent, and the bulk of the clergy give up their wealth to the poor, for whom it was originally intended? We rejoice to see amongst the agriculturists a spirit of improvement which is taking the di rection of freedom from restraint. The farmers be g in to think, fortun a t e l y for them and for us, that they can manage their land as well by the tight of . their own experience- as by - the direc tions of their landlords', and the dictates of gene rations which have long been mingled with kin dred dust. We have always felt and asserted that what the farmers want is freedom and secu rity against the landlords; the latter is to be ob tained by leases, the former by those leases being nearly unconditional, except the payment of a rent. Precisely in accordance with these views a Mr. SHAW stated at the Witham Agricultural Meeting on Thursday— There is an observation that I would make on an other subject, though I feel it is tender ground, and I will say but a few words. You have been pleased to observe that somewhat more of latitude should be given to the tenants in respect to their leases. Now I do say, independent of the main consideration of the importance of leases to the tenant, that in the leases generally granted, nothing on earth, looking to the state of agriculture at the present time, can be more injurious and absurd than the majority of leases now a-days.—(Cheers.) Those leases have been taken from old documents, handed down from time to time, and not adapted to the circumstances of the times ; and I am glad to see, that a gentleman standing so high as the Chairman does, has expressed sentiments that lead you to hope, that if he grants leases to his tenants he will see them modernised, so as to enable the occupiers to manage their farms in accordance with the advanced and improved system of the day. Mr. BEADLE also said— I am tied to no covenants except to pay a good rent and grow as much as I can, and I mean to carry out the everlasting shift—(Laughter)—for I tell my land lord if he finds three months fallow, he may consider the lease forfeited, and take the farm at once. In these two passages there is a thorough and complete condemnation by practical farmers of the system of letting land hitherto followed in England, to which we know, by the example of the Lothians, the prosperity of the country has been sacrificed. Farmers in England are every where tied down in the cultivation of the land by absurd covenants, or absurd customs, and Mr. BEADLE shows, both by his words and his suc cess, that free trade in cultivating the soil is as much for the benefit of individual farmers as for the public good. The Charge delivered by the Bishop of LONDON to the clergy of his diocese, is of that hesitating, undecided character, which might be expected from a Prelate who, in the House of Lords, has generally shown himself something of a tempo rizer—a sort of expediency-man, desirous to curry favour with all parties, and commit himself to no firm, decided course of policy. We have read his Lordship's Charge with some attention, and though, in almost every second paragraph, we find him recurring to the one great Church question of the day, Puseyism, we protest we are wholly unable to discover what are his real sentiments on the subject. Judging from the tenor of one sentence, we should say he was a Tractarian—judging from the next, we should say he was a decided anti- Tractarian. He seems to vibrate, like a pendulum, between the two. Now he inclines to High Church—now he gives a patronizing slap on the back to Low Church. In one sentence the Puseyites may fairly claim him as a proselyte—in another, they must regard him as an opponent. He tells us one moment that he dislikes theirFortnalism,yet immediately after wards we find him giving it his august sanction. I❑ fact, throughout his Charge, his Lordship ex hibits as many changes as a cameleon. " A man" —as Mrs. QUICKLY said of FALSTAFF—" knows not what to make of him !" He is the very Pao- TEUS of Episcopacy. It is but justice, however, to state, that on all insignificant points, wholly unworthy of discus sion, his Lordship's opinions are plain and settled enough. He is nobly tolerant on trifles—liberal to excess on matters where liberality involves no sacrifices. Thus he tells his clergy—" In regard to worshipping towards the east, it was an ancient practice, being alluded to by CLEMENT of Alex andria, TERTULLIAN, and others. He would not have the clergyman, when reading, to turn his back upon the people. He ap proved of the manner of constructing the reading desk, which may be seen in some of our churches, which enables the clergyman to turn to the south while praying, and to the east during the lessons. He did not object to candles being placed on the altar during divine service, if they were only allowed to burn when the church or chapel was lighted up. It had been recently debated whether a clergyman should preach in his surplice, or in his academi cal gown. He thought that when there was only one officiating clergyman, that it was much better for him to ascend the pulpit immediately after leaving the communion -table, and thus preach in his surplice. The gown was probably first worn by lecturers when there was no communion service. On the whole, he thought it would be wise if the clergy would preach in their surplices in the morning, and in their gowns in the afternoon." It must be comforting to the clergy of his Lordship's diocese to know that, though he has no settled opinions • to enunciate respecting Puseyism, yet that there can be no mistaking his meaning on the momentous question of the gown and the surplice ! He is most unequivocally and unquestionably of opinion that the pastors of his See should be surpliced in the morning and gowned hi the evening; and that they should turn to the south while praying, and to the east while reading the lessons. On another important matter his Lordship is not less explicit and satisfactory. He has not the slightest objection to candles being placed on the altar during divine service, provided they be si necure candies—that is to say, candles not in tended to be lighted until a certain orthodox hour. These concessions his Lordship, in his ' I ex;:eeding magnanimity, is not unwilling to make to Puseyism ; but alas ! in the very next sentence he proceeds to neutralise their effect, by stating that he hopes his " clergy will bear in mind that religion does not consist in externals and ceremonial observances." Thus, it appears, he will concede to the Puseyites all that is not worth withholding; and while lie flutters them, by telling them, in his most gracious and patronizing manner, that they have done great good by setting the fashion of a " stricter Church discipline,' yet, he adds, that they have "gone beyond the line in attaching importance to things in themselves non-essentials." Is his Lordship a Puseyite, or is he not? On the dignified and eminently spiritual questions of the gown, the surplice, and the candles, he is Puseyite beyond all doubt ; but on other points it is equally be yond a doubt, that he is Anti-Puseyite. His Charge is a curious puzzle, admirably calculated, however, to answer its purpose—that of per plexing a ll h onest, straight-forward people. The best definition w e can give of it is, that it is " neither. fish, fl es h, nor good r h • " e -ernng. The secret proceedings of the Board of Cus tvo)me x s , o t e e l a s t e i r v i e o u t o s a t h p e p r f e ra h u e d u s s i o o n n s t h a e lit r e t v ti e i n e u o e b , ebeginobject o f certain parties is rather to screen the delinquents than do justice to the country. These Commis sioners have now been sitting for several weeks, and all that has been allowed to transpire is meagre and unsatisfactory; but this very circum stance only leads the public to believe that the frauds are of a most serious character, and that those who have neglected their duty by allowing such shameful robberies, are afraid that the whole transactions will not bear the light of day. They naturally ask why should the inquiry be carried on with closed doors, and by the very officers too, who, for aught that is known, may have an interest in suppressing evidence ? No insinuation, of course, is made that the gentle men composing the Board were at all aware of the system which has been carried on for the last five years, and perhaps for twice that period, but a strong impression exists that they have not exercised proper diligence, and that the Board of Customs, therefore, is the least likely of any Court in the kingdom to sift the transactions to the bottom. Besides, no one good cause can be assigned for this mysterious concealment of facts, but a great many exist for mak ing the examination public. It is the uni versal practice, not only in the Courts of Law, but also at the Police Courts; and if there is an occasional exception, it arises from the partiality of some Magistrate,. -and .. only confirms the general rule. The advantages of open inquiry are manifest, and it may be taken for granted when there is any departure from it,. that there is something wrong—something that would im plicate men of wealth or rank, and that the object of the Magistrate is one which he cannot justify before the public. When we see, too the gloomy picture exhibited by the revenue tables, and know that this has been partly caused by extensive robberies iu that depart ment, which produces more than any other, it would be an act of madness in the Goverment to stifle examination forany purpose whatever. They may rest assured that the mode in which the Exchequer affair was conducted has caused general dissatisfaction, and that a repetition of such secret and mysterious investigation would excite general indignation. Madrid papers of the 2d inst. have been re ceived, but they contain no news of importance. According to advices from Valencia, the au thorities were again fearful of another nocturnal attack being made on the salt pits of La Rosa, and therefore the authorities had ordered a bat talion of the Bergara regiment, and a squadron of cavalry, to protect that establishment. The Political Chief of Cadiz has informed the Government that the band of the notorious Ro- MERITO, one of those which infested the Serrania de Ronda, has been defeated and wholly dis persed. The troops made seven prisoners. We have received all the Paris journals. The Courrier Francais, in adverting to the note addressed by Mr. WEBSTER to Lord Asa- BURTON, respecting the impressment of seamen, seems anxious to place England in an unfavour able light, and to draw consolation for France from the present unsettled state of the question. " The style of the note," it says, " is clear and cutting, as much as Lord ASHBURTON'S reply is humble, crafty, and elusive of the question. Mr. WEBSThR takes advantage of the treaty just con cldued, and pushes on with audacity to gain another point. Lord ASHBURTON, on the con trary, conscious of having yielded too much, hastens his retreat and eludes discussion. The conciliatory tone of the British Envoy more fully demonstrates the profundity- of the difference. Lord ASHBURTON seeks to explain the difference by geographical position, and hints that were the United States an island they would feel as Eng land does. This only proves that the difference, being in the nature of things, is irremoveable, and unsolvable but by war. If Great Britain can keep her sailors by no other means than hunting them beneath the decks of other countries' vessels, and if America can • get sailors only by taking English subjects, to persist is necessary and vital to both. The result is, that the British Government has terminated, by dint of concessions, such of its difficulties as pacific measures could resolve; but that it has gained nought on all the questions on which war was pending, and that, consequently, it was forced to renounce settling such matters. It therefore ensues that if England wishes to remain in peace with the United States, she has only to remain at peace with the world; for, on the first maritime war, the question of the right of search will arise, and that question must inevi tably embroil her with the United. States." Referring to the arrival of the Egyptian steamer Nile at Marseilles with presents for the King of the FRENCH, Le National endeavours to prove (as far as such ►natters are susceptible of proof), that the mission of ARTYN BEY, in whose charge they are, is not merely to present to his MAJESTY those little testimonies of courtesy and respect on the part of his master MEHEMET ALI, but to conduct some political intrigue. The Lyons papers complain much of the state of trade, and ask, could not the starving silk weavers be given cotton or linen to work on ? Meantime the fortifications progress. As trade decreases fortifications augment. These were erected to awe the population, but the population is likely to desert them altogether. The Commerce announces that Queen CHRIS TINA would spend the winter in Nice. Accord ing to the same journal the King and Queen of the BELGIANS were expected at St. Cloud on Sunday evening, and the French Court would remove for some days to the Chateau of Fontaine bleau on Monday. The Tou/onnais of the 6th inst. brings news from Algiers of the 30th ult. On the 29th, the troops forming part of the expedition marched out of Algiers, and at two o'clock General Bu- GEAUD rode out with his staff to the Maison Carree, where the whole of the force was to ren dezvous. The next morning the column was to proceed in the direction of Cara Mustaplia, and thence it was to traverse the eastern part o f th e Regency,and to effect a j unct i on at certa i n points w ith bodies of troops detached from Philippeville and Setif, so as to place the enemy between two fires. The absence of the Duke D'AUMALE, who was to accompany the expedi tion, was the occasion of much conjecturing, but it appears that General BUOZAUD had repre sented to the KING that, after the loss of the Duke of ORLEANS, it would be imprudent to risk the life of another of his sons in so perilous an enterprise. The Sud (of Marseilles) of the 6th, has the follow ing article—" An unhappy disaster has just deprived our Royal navy of one of its finest steamers.. The Lavorisier, commanded by C a pt a i n Chi cusse , com i ng from Tunis, having touched on the Moines, near Bonifaco, in Corsica, ran aground on the rocks, near Ajaccio, where it foundered. The crew were saved. The Tenase and Crocodile steamers were immediately sent from Toulon to Ajaccio, in order to try to raise the Lavorisier." The splendid demesne of the Right Hon. the Earl of Ducie, in Gloucestershire, the value of which, it is said, exceeds three hundred thousand pounds, is an nounced for public competition, next May, by Mr. George Robins, This is the largest estate that has ever been sold, excepting always the late Earl of Ormonde's, which Mr. Robins sold for 500,0001. THE SUN, LONDON, WEDNESDAY MORNING, OCTOBER 12, 1842. COURT CIRCULAR. WINDSOR, .TUESDAY. --The Queen and Prince Albert walked this morning in the Slopes and after wards took a drive in the Home Park in a small pony phaeton. The Prince of Wales and the Princess Royal were taken their usual airings. Her Majesty, attended by the Dowager Lady Lyt tleton, rode out in the afternoon in a pony carriage and four, followed by the Hon. •Georgiana Stanley and Hon. Clementina Hamilton, the Maids of Honour in Waiting, in a pony pha2ton and four, his Royal Highness Prince Albert being on horseback, attended by Lord Byron, Sir Edward Bowater, and Colonel Arbuthnot. Her Royal Highness the Duchess of Kent, Lady Charlotte Dundas, and Sir George Couper, Bart., will Pin the Royal dinner circle at the Castle, this evening. His Royal Highness Prince Albert honoured Mr. N. Newenham, this morning, by a sitting for a full ' length portrait of his Royal Highness, for the Junior United Service Club. Lord Byron arrived at the Castle to-day, and has succeeded Lord Rivers as the Lord in Waiting on the Queen, and General the Hon. Sir William Lumley has succeeeed th e H on . Captain Duncombe as the i Groom in Waiting on h e r Majesty. His Royal taken his dep ar t ure from B a by Castle, on hi s re t urn Highness the Duke of Cambridge has to town. His Serene Highness the Hereditary Prince of Meeklenbu r r i from Kew. its Serene Highness visited and inspected the Colose um . Lord Stanley Strelitz arrived in town yesterday has left Drayton Manor, Stafford shire, the se a t o f Sir R. P e el, for the residence of th e Earl of D er b y, Knowsley H a ll, P resco t, L ancashire. The Danish Minister transacted business yesterday, at; the Foreign -office. The Hon. Edward Stewart, Deputy-Chairman of the Customs, transacted business yesterday at the Office of the Board of Trade. PORT or LONDON.—The Lord Mayor and the the principal Harb our Navigatio n C ommittee have come t o th e determina tion that C apta i n Fisher, M N ' , master of the Port of London, shall in May next com mence the w or k o f clear i ng a way the wreck s o f t h e Apollo, and th e W aterwitc h , w hi c h, it w ill b e recol lected, were sun k i n the Th ames about fi ve y ears ago. It has been f ound necessary to direct such operati ons, as a bank o f considera bl e e x tent h as r i sen above the w rec k s, and between 12 and 15 anchors and chain ca bl es are now fou l o f th em . If C apta i n Fisher fail in liftin g up th e wrecks (and great diffi culty may o ccur i n consequence of the decayed con dition of the vesse l s), he i s to p roce ed to re move t h em by explosi on . D ownes, the ce l e b ra t e d , diver, has al ready surveyed th e eng i ne! room. . Tun H ERRING FIS R y.—On Thursday morning one of the Brighton boats returned from off Ports- 1 mouth with a quantity of herrings, the first that have been landed at 'Bri g ht on this seam. SUMMARY OF NEWS AND thibitt ;Anton. " - Who runs may read." roitzxax. The French steamer Lavorisier, of 220 horse power, was lost off Corsica, near Ajaccio, about the beginning of the month. The crew were saved. The ex-Queen of Spain will pass the winter at Nice. The King and Queen of the Belgians visited St Cloud on Sunday. The Court is expected to depart for Fontainebleau. A great number of Spaniards residing at Paris met together on Sunday to celebrate the anniversary of the 7th of October. Among the toasts given were " The Constitution of 1840," " Isabella II.," and " Tne Regent." A silver mine at Rennes, which has been aban doned since 1794, has just been leased again to a Mr. Hunt, the proprietor of a mine in the island of Sark, for forty years. The management of the Department of the Interior, entrusted to M. Villemain, Minister of Public In struction, is again resumed by M. Duchatel. Her Majesty and their Royal Highnesses the Princess Adelaide, and the Duchesses of Orleans and Nemours, have granted lots for a lottery for the benefit of the Asylum at Sevres, the proceeds of which are to furnish clothing to the inmates. The Egyptian steam-boat, the Nile, arrived on the 4th instant at Marseilles. It is armed with four pieces of cannon, and commanded by Jaffar-Bey ; it brought accounts of the investiture of Mehemet Ali with the dignity of Sadrazan, notice of which has already been made in The Sun. MONEY-TRADE-COMMERCE. A meeting of the SpitrlfieldsVeav;;;Ta.7leld on Moday in theßethnal-green-road, upon the subject of the late frauds committed by the Custom-house officers on silks and other articles. It was stated that in the article of silk alone, the revenue had been defrauded of nearly 1,000,000/. ; and it was remarked that the Government could have no . protection, unless the duty on silks was collected as in the year 1829. LITERARY AND SCIENTIPIC. Pope's works have recently been translated into German by Adolph Bcettger and Theodor Oelkers ; the former the successful translator of Byron, the latter of Moore. SPORTING. The town of Windsor has, in its immediate neigh bourhood, four fine packs of hounds, all first• rate of their kind—the Royal hounds at Ascot, Prince Albert's pack of harriers at Cumberland Lodge, the pack of beagles at the Royal Kennel in the Home Park, and the excellent pack of harriers at Horton, close to Datchet. LAW AND POLICE. William EciZuWls,alits Hills, alias Davies, was charged at Clerkenwell on Monday with having com mitted several daring robberies. He was remanded till Monday next, when numerous other charges are expected against him. A detainer will be lodged against John Sabine, committed a few days since from Union• Hall for a misdemeanour, at the suit of a gentleman who on Mon day appeared charging him with defrauding him of 2001., and for which he will be indicted at the Surrey Sessions. Thomas Russell, a Creole boy, was on Monday charged at Thames-street Police-office with stabbing a much older lad, named Joseph Sutherland. He was sent before a Jury for trial. COURT-FASHIONABLE. His Imperial Highness, the Arch-Duke Frederick of Austria, after a visit of several days at Drayton Manor, has taken his departure for Chatsworth. The Duke of Newcastle, and the Ladies Clinton, in tend passing the rest of the autumn at Clumber Park, Notts. The Duke of Beaufort left town on Monday on a visit to the Duke of Rutland at Newmarket. The Marquis and Marchioness of Westminster leave Grosvenor House on Thursday for Eaton Hall. The Earl Beverley returned to Portman-square on Monday. The Earl and Countess of Ducie are making a tour of visits in Scotland. The Countess de St. Aulaire arrived at Manchester House on Sunday. Lord and Lady Carteret arrived in Park-street, Grosvenor-square, from Brighton, on the Bth. Lord Adolphus Fitzclarence, who has returned to' St. James's from Portsmouth, was sumptuously en tertained by the officers of the Royal George yacht,. previous to his departure for the metropolis. The lion. and Rev. Dr. Gerald Valerian Wellesley, left Apsley House on Monday for Bishopwearmouth, D urbatn. Viscount Morpeth is daily expected to reach Liver pool, from New York, after a tour of nearly twelve months in America. :KISCELLANEOLTS. It is stated that on the advancement of Mr. Black burne either to the Rolls or Queen's Bench, he w il obtain the rank of Baronet. A meeting was on Monday convened of the National Charter Association, in Holborn, for the purpose of taking into consideration the best means of defending their party. A resolution was passed to the effect that "the meeting viewed with indignation the numerous arrests of the advocates of the People's Charter, be lieving that by those means the Government hoped to perpetuate class legislation, aided by perjured spies." On some of the estates in Ireland, more particularly Drogheda, the rents, which were some time ago 1.55. per acre, are now from 365. to 50s. per acre. Amongst the novel imports under the new tariff there was this week an importation of 137 live geese from Norway. They were quickly disposed of at 3s. 6d. each. LLOYD'S SHIPPING. LONDON, OCT. 11.—Wind this day at noon, light north-easterly wind, fine clear weather. DEAL, OCT. 10.—Wind S. to S.S.W., light.— Arrd. Joanna, Canney, Jamaica; Penrith, Russell, Rio Janeiro, for Antwerp; Duncan, St. John's, New Brunswick. Sld. Governor M'Lean, Cape Coast Castle. PORTSMOUTH, OCT. 10.—Wind E.N.E.—SId. Con servative, Jamaica ; Westminster, New York. SHIELDS, OCT. B.—The Maria, Forbes, from Sun derland to France, has put in here, having struck heavily on Tynemouth Bar, but has not sustained much damage. PILL, OCT. 9.—The Merthyr packet, bound to Cardiff, got ashore, opposite Pill, to-day, but lies well on the mud. MUMBLES, OCT. B.—The Oakwell, from Llanell3r to Beaumaris , foundered, 6th i ns t., near S t. G owan 's Head, having been in contact with the John Daniel, trom Youghal to Swansea ; crew saved. LIVERPOOL, OCT. 10.—Wind S.E. to S.W., light. —Arrd. Lascar, Mackie, Manilla ; Lady Falkland, St. Domingo ; Adonis, Nassau ; Roscoe, New York. Sld. Grindlay, Cape ; Cheshire, Barbadoes ; Governor, St. Thomas ; George, New Orleans ; China, Charles ton. Arrd off—lmporter, Miramichi ; Jane Augusta and Southerner. OFF FALMOUTH, OCT. 9.—Magnus, Lind, Havana, for Hamburgh. OFF CROOKHAVEN, OCT. 6.—Argyllshire, Scott, Bombay, sailed June 8, and St. Helena, Aug. 11. LEITH, OCT. 7.--Acrd. Caroline, Montreal. VESSELS SPOKEN WlTH.—Bidstone, from Calcutta, off the Cape, by:thelArgyleshire, arrived off Crookhaven. Shabane, Calcutta to London, off the Cape de Yards, by the ditto, arrived off ditto. THE STEAM-SKIP HINDOSTAN.—Letters from Gibraltar, by the Montrose steamer, announce the ar rival of the Hindostan at that port, on the 28th ult., having run the distance from the Needles to Gibral tar, (about 1,200 miles), in 121 hours ; being at the rate of 10 knots an hour. LAMBETH REGISTRATION. The Barristers, Mr. Vizard and Mr. Brett, appointed to revise the lists of persons entitled to vote at the election of Members of Parliament, opened their Court for that purpose yesterday, at the Horns Tavern, Kennington Common. Mr. Brett sat to revise the Lambeth list, and Mr. Vizard those for the parishes of Camberwell and Newington. No objections or claims were made by the over seers this year. The parish of St. Giles's, Camberwell, was the first parish taken before Mr. Vizard. In this parish se veral persons claimed to be registered, who were not entered, and as no objections were offered their names were inserted accordingly. OLYMPIC THEATRE. —A humorous extravaganza, entitled Jack,Nokes and Tom Styles, was produced at this theatre last night, and created an immense deal of laughter and amusement, being as fully successful as broad farce could be. The principal characters are sustained by Mr. G. Wild and Mr. Rogers ; aided by Mr. Turnour, as Tomkins Twigs ; Mr. Halford, Valentine Volatile; Mr. Ross, Tag; and Miss Plow man, as Florence. The new drama of The Adven tures of a Gentleman, adapted from Pelham by Mr. Mark Lemon, and with the production of which this theatre opened, continues to be played with great success, and to increase in popularity. Mr. Fitz .james, who sustains the principal character, performs it excellently, and Mr. Brookes enacts a capital part in the first act. The house was as crowded as space would allow. PusEirism.—This new doctrine is now making its appearance in our neighbourhood. We have for some time known of the inclination of certain parties towards what they are pleased to term, a " stricter observance of the discipline of the Church." It is first shown in a slight inclination of the person of the clergyman towards the East in the reading of the Apostles' creed, and which angular position increases until, like the rector of Stoke Damerel, the minister completely turns his back upon the congregation.— Devonport Telegraph. MONEY and COMMERCIAL NEWS, CITY, TUESDAY EVENING. Some extensive purchases, and one of them by the Government Broker, have counteracted the unfavour able feeling which was visible in the morning, and caused the funds to advance, Consols leaving off at 93 93i for Money and for the Account ; India Stock, 250 251 ; Exchequer Bills, Old, 54 56 ; New, 53 55 premium. The prices of Foreign Securities were—Belgian, 103 104 ; Dutch Two-and-a-Half per Cents., .52+ 521; the Five per Cents., 100 1001; Danish, 83 85 ; and Brazilian, 63 64. The quotation for Mexican remained at 321 331, without any transaction of interest. Some parties who had been speculating in Brigh ton Railway Shares made exertions in the early part of the day to lower prices, but the object of " bang ing" the market being seen through, they recovered, and left off at 35+ 36k per share, or rather above what they were yesterday. These operations were the chief attraction, the others remaining nearly sta tionary. London and Birmingham, 183 185 ; Bir mingham and Gloucester, 40 41; Great Western, 82 83 ; the Half-shares, 591 60+; south Western, 57 58 ; North Midland, 57 58 ; the New shares, 28 29 ; South Eastern and Dover, 23 231 ; Eastern Conn . - ties, 88 813-; Northern and Eastern, 351 361 ; Black wall, 6+ 61 per share. The rates of Exchange were again more favourable for this country ; Amsterdam, 12 6+, 12 61 ; Rotter dam, 12 61, 12 7 ; Antwerp, 12 4/, 12 5 ; Ham burgh, 13 1 11, 13 121 ; Frankfort, 151+ 1511 ; Paris, 25f. 85c., 25f. 90c. ; Genoa, 25 95, 26 ; Marseilles, 25 90 ; Leghorn, 30 40, 30 45 ; Vienna, 9 56, 9 57 ; Madrid, 361 ; and Lisbon, 52k, all at three months. At the meeting of the creditors of Portugal to day, the conversion scheme of that Government was acquiesced in, although two-thirds of the bond holders have hitherto stood out, and with some show of reason for so doing. It was difficult to gather from the arguments used in fa vour of this course, the exact reason for such a proceeding, beyond that for introducing a new de scription of bonds into the market wherewith to spe culate, it not being expected for an instant that any greater chance for obtaining a dividend exists now than there was two years since. The cause of the late rise may be found in the fact that when the ac ceptance of the terms became known, the Five per Cents. fell to 361 371, and the Three per Cents. to 211 22+. The other quotations were—Colombian, Mr 21 ; Peruvian, 16 17 ; Spanish Five per Cents., 15-1 16k; and the Three per Cents., 204 20+. The accounts of the prospect of the failure of the Indigo' crop rendered the importers ex tremely sanguine in their expectations at the sale which commenced this day. Of the 1,846 chests, which were got through, only 394 were sold at from 4d. to ls. (an average of Bd.) above the prices of last sale, the remainder being bought in Is. to is. 6d. above those rates. The attendance both of home buyers and shippers was extremely good, and each appeared anxious to purchase, but neither seemed in clined to give more than about 6d. advance. The attempt to hush up the late fraud in the Tea trade is beginning to excite some attention, the more when the names of officers are publicly mentioned in connexion with circumstances which occurred years since, while parties, hitherto of high standing, are shielded from their participation in recent transactions. (From The Sun of Last Night.) The account of the revenue exhibiting a decrease on the quarter, instead of an increase, has rendered the market exceedingly heavy. The dividends upon the Stocks, which have been closed, having been de clared to be payable to the public on the 13th, seve ral purchases have been made for re-investment ; and in anticipation of a further decline in the rate of money, the premium on Exchequer hills, has again advanced, the Old being 54 56 ; the New, 53 .55; Consols are 92+ for Money, and 93 for th e Account ; the Three per Cents. Reduced, 928 ; Three-and-a-Half per Cents. Reduced, 100 ; and Bank Stock, 166 167, ex div. ; New Three-and-a-Half per Cents., 1008 lot ; Bank Stock, 250 251. The opening of the various ihome stocks has pre vented extensive business in Foreign Securities ; prices, however, are not quite so firm. Dutch Two and-a-Half per Cents. have been sold at 528, and the Five per Cents., 1001. The quotation for Mexican Bonds is 33. Great 'Western Railway Shares at 83; the Half shares, 60i • Brighton, 358; the Loan Notes, 108; comprises all the transactions in this Market. The Bonds quoted to-day are—Colombian, 20k ; Portuguese Five per Cents., 37 371 ; Spanish Five per Cents., 16k ; and the Three per Cents., 20'1. MANCHESTER STOCK EXCHANGE, OCT. 10.—We have had rather a downward tendency in our market to-day.—South Eastern and Dover Scrip, 11 15-16 ; Manchester and Birmingham, 21+ to 24 ; London and Birmingham, Quarter Shares, 471 to 471 ; Li verpool and Manchester, 179 to 180 ; South Western. 574 to 58+. CLOSING PRICES. BRITISH FUNDS. flank Stock 3 per Cent. Red. 92 3 per Cent. Cons 3i per Cent. Red... 100 New 3} per Cent... loli New 5 per Cere. Long Annuities to expire Jan. 1860 ......... 12* Oct. 1859 Jan. 1860 ld FOREIGN Austrian, 5 per cent. ... Belgian, 5 per cent Brazilian Bonds... 63i Buenos Ayres 6 per cent. Chilian 6 per cent. Colombian, 6 per cent — Ditto, 1424 Cuba Bonds, 6 per cent 79 Danish, 3 per :ent Greek, 1825, 5 per cent — Mexican, 5 per cent Ditto, 6 per cent. 1837 Peruvian,lB2s,6 per et. India Stock 250 pm Ditto Bonds ...... 45 pm Ditto Old Annuities ... !Ditto New Annuities... Ex. Bills, 1,000/....2d. 55 pm Ditto 500/... .. • pm Ditto Small ...... 55 pm Bank Stock for Open. India Stock for Acct iConsols for Acct. FUNDS. ;Portuguese, 5 per cent. IDitto, New Ditto 37 Prussian, 5 per cent. jßussian, 5 pei cent Ditto, Metallic ..... Spanish, 5 per cent l6 Ditto, Deferred.... . French, 5 per cent. --f. Exchange French, 3 percent Dutch, 2s per cent....... 52a Ditto, 5 per cent. 1004 SHARES. Eastern Counties Railway (23 paid) .. SA Ditto New Shares ( paid) Great Western, (65 paid) Ditto New Shares ( 50 paid Ditto Fifths ( 4 paid) . . 7! London and Brighton (50 paid) 36! London and Blackwall ( paid) ........ ••• 6! Paris and Rouen (18 paid) South Eastern and Dover (50 paid) — Ditto Scrip (15 paid) COURSE OF EXCHANGE—(YESTERDAY. 1 Amsterdam CF. 12 9)j 'Gibraltar . ..... Ditto, at sight 12 6i.Leghorn Rotterdam .........2 U. 12 10 Genoa Antwerp l2 8 Milan Hamburgh ALB. 13 14i Venice Altona Paris, 3 days' sight ... 25 70 Palermo, per oz 120 Ditto, 3 months 25 95 Lisbon Marseilles Bourdeaux 26 0 Rio Janeiro 23 i Frankfort on Maine ...I5 II Bahia Petersburgh, 3. Us. ... 37 Buenos Ayres Berlin 7 New York, 21days sight 4bi Vienna, effec. 11. 3 M 959 Philadelphia Trieste, ditto lO PRICES OF BULLION, PER tn.. Madrid Cadiz Bilbao Bareelena Seville ISilver in Bars— ..... 0 U 0 TO THE EDITOR OF THE SUN. Stu,—As abuses are generally corrected by the aid of the public Press, I trouble you with a few lines, to state what occurred to a party of foreign friends on Sunday afternoon, at Windsor. I accompanied the Duke and Duchess de Noja, Prince and Princess de St. Elia, and the Marquis del Gregorio, to take a coup (foul of St. George's Chapel. The attendant told me that when the congregation dispersed he would let my friends in. We waited very patiently at the chapel door, nearly an hour, and as a bystander hinted that the attendant only wished to deceive us (being already engaged with another party) as I saw Mr. Jesse, whom I knew, speak to the door keeper as he passed. I asked Mr. Jesse if he thought we should be allowed to enter as promised, as my friends otherwise, who were only passing through Windsor on their tour, would have no other opportn nity of seeing the chapel. Mr. Jesse assured me the door-keeper must admit us. When the last of the congregation had left, we ap preached the then open door, when it was rudely slammed in our faces and the key turned! I leave you to j u d ge th e impression such an un warrantable insult must have on the minds of these noble Sicilians, who are, in their own country, so proverbially hospitable to strangers, but more particu larly so towards Englishmen. J. R. Reform Club, Oct. 11, 1842. ADELAIDE GALLERY.-It is with great pleasure we observe that the promenade concerts, which have been prepared at this very attractive place of public resort, receive the patronage and support which they deserve. Amongst the vocalists Mr. Martin and Mrs. Wilson, with Mr. Laurent and other established favourites in the instrumental department, continue to win their usual share of favour; the overtures are executed with skill and ability, and the singing i s well sustained. The chief attraction of Monday evening was the appearance of the "Infant Thalia," a child only five years old, whose arch and pleasing manner, in the impersonations she undertook, pleased the crowded audience greatly. Her execution of the comic pastoral ballad of " Where are you g o i ng , my pretty maid?" upon a table in front of the gallery, in which this infatatine performer was dressed as a coun try lass was excellent. A more delightful or instruc tive visit for an evening's entertainment canno t b e b e tt e r made to any other institution in th e me t ropo li s . We are authorised to contradict the statements made in several papers in regard to the magnificent Highland brooch worn by the Queen at Taymouth. It was, as we formerly stated, submitted for her Ma jesty's insp2ction by the lion. Mrs. Maule, and pur chased from our active and intelligent townsman, Mr. Macgregor, by the Queen's directuons.--Perth Paper. PORTUGUESE BONDS. A large meeting of the holders of Portuguese B onds was held yesterday at the LoLdon Tavern, to take into consideration the propriety of converting th e pre sent Bonds into New Three per Cent. Bonds, to be issued by the Portuguese Government. Mr. Richard Thornton took the Chair. The Secretary having read the advertisement call' ing the meeting, The CHAIRMAN rose and said, that on the 30th September last the Committee of Portuguese Bond holders had a meeting at his counting-house ill t he ! Old Swan, and the propriety of converting . their original bonds was then discussed. As Chairma n °I the Committee he called that meeting together, in consequence of a letter he had had the honour of re" ceiving from Baron Moncorvo, containing a decre e which had been promulgated by the Queen of 13 °!" tugal. At that meeting there was considerable ail; cussion as to the propriety of recommending Bondholders at large to convert their bonds in conse: quence of that decree. It was but right to state thab at that meeting some gentlemen thought right to dis; sent from that recommendation. He (the Chairm an/ thought otherwise, and the majority of that ineetill were in favour of recommending the conversion :nes these bonds. He (the Chairman) had great plea s n /e " . meeting them that day, as he felt some explanation Will h due from him in consequence of his having opposed t 1 1 5 conversion upon a former occasion. He wrote t o Excellency Senor Miranda, Minister of Finance f e l Portugal. On the 13th of March, 1841, he info rmed him that he was anxious to afford every accom 11 1; tion in his power as to the time given, but tha t Bondholders expected that Portugal would grant nl.e loans in exchange. His Excellency wrote that a s r ai decree had passed into a law he could not complY his request. He would call upon the Secretary read that letter. The Secretary then read the letter, which pledge,. the Portuguese Government to a metallic currencP" payment of the interest due on the bonds. The CHAIRMAN, in continuation, said, they perceive that by that letter his Excellency s ° o r Miranda pledged himself to a metallic currency''' 7 was not satisfactory to himself (the Chairman" , cause he stated that life was uncertain, and in 1 ; 1 0 of this the honourable individual whose letter h' 1 been read was now no more. The tenure of nit was uncertain, and there were frequent changl s o, Ministry. This letter was not satisfactory to the a and he advised his friends, many bankers and,_ ° „a, capitalists, not to convert their old and original. ,", f a He would not be doing justice to the late 1‘1 10 ' 5 W... • of Portugal, which was designated the Septeo brists, in consequence of their having l e o some alteration in the Charter, which had . she y granted to that country, if he did not state that were anxious to do justice to the Bondholders to _7 2 utmost of their ability, as much so as those power. They all knew the character of that al", lent individual the Duke of Terceira. A more, nourable man never lived. The Minister of Fuss::' his Excellency Baron Tojal, was. his (the C h h o ' man's) intimate and personal friend, and a 131 1 8 0 0 nourable man never lived, or more capable o bo a ducting the financial affairs of any nation. e on the pleasure . of stating to them, and he had it, 84 1 authority, that a Court had been formed in r°r""tbe" for the purpose of paying the dividends clue.totot Bondholders. The money received by tha t oat could not otherwise be disposed of.—(Cheem) was not all; his last letter from Lisbon brollgu t i , ing. s information, that at that moment there was sit"nai- Commission for the purpose of reducing the ex13,e41,g. ture, and bringing it within the revenue of the l'Apja dom of Portugal. These two facts he stated to 1 "7 0 0 with great pleasure, as well on their account at it o his own, for he was a holder of eight hundred ti a " sand pounds' worth, and upwards, of bonds, , 4 ,0 felt that their prospects had never been so b ri g they were at present. He thought that, long, their stock, which was now sel lhig iviit 36k, would reach 50, or even 60—th a t us ae provided the country was blessed with a cont r ol t he of peace. Up to this time they had 500_0 Government of one month displaced by th e tom et He believed, however, that the presen t Gove ll l was firmly established. He was p e rfectly s at e , with the decree of Moncorvo, although many S re fcable men saw cause for apprehension. He was a bor apti , advocate of their cause, but he left no stone un to for in forwarding the interest of the Bondl 3 ° o ` d re st. he felt that he was only forwarding his own . tlia In what he had done he had not compro ln 7; o , 'tb smallest Bondholder; he had fought their bat' the best of his ability, but he took no credit soli self, self, and he hoped they would pass the 1 agreeing to the conversion of the bonds unann °l l Captain BRITTON said he differed fr° l l,:iiOt Thornton altogether. He thought they w . , e l called upon to make the - sacrifice propos - II:go nnit i s c o ol =d i g c 4n l gle i se=o; proposed change were' made be believed that ° „"i lle 1,0001. of stock there would be a loss of 1"" t tip therefore believed that this scheme had been e rh i r e for fraudulent purposes.—(Disapproba tion.) hat were few who thought with him there that dap_ he had a letter from a gentleman who had becoonliis squatter in New South Wales in consequence. connection with these bonds, and he would rfa_" le t.. The Hon. Gentleman then proceeded to read the ter, but amidst such general disapprobation tha l be fore its conclusion he desisted, and shutting 1 %1 1 0 letter he said that as he never, on the part .o _ he friends, could agree to the proposed convers!;..,- should at once resign his seat on the Colun n (He then left the table and the room simultalle°"l,eo, A BONDHOLDER said, that as they had O r a n ai m ell t tariff he supposed that the Portuguese Grov .. , e ott ete, was going to send over some bales of r°":„.idec` bonds, and he had no objection to the change, t q h li e e question— dividends IV the Chairman would satisfactorily wer n" t bit ans Gen tlelnit.llll asshoitupldrobveidpeadidbyintLheonpdreosner Cortes The CHAIRMAN said that if the Hon. t sue' had read the decree, he would have found thilogsible was the fact. He would reply as shortly as P a that to the argument of Capt. Britton. He belie v . e n sae had it not been for revolution after revolutil, there ceeding each other, instigated by Don Alig lle o cl th e would not be one penny of interest in a rrears , ohi tioas 16s. sd. in arrears he attributed to the re i v o trol° which succeeded each other, and their o's effects upon the commerce of that countrd ic . h he now they had got a Government w s tOhifl firmly believed to be stable, not only o i c lers/' ali I to but one that would do them (the Bon - „ t des% , justice. He (the Chairman) had had a g re " - t atirig; do with Portugal, and he never found them %/ sec oo" and if the meeting would indulge him bu t a what he would give them substantial proof of it. it obie was the empire of the Brazils ? Although tants of the Brazils were called Brazilian, entirely Portuguese. Had not the Brazinporeir them thousands, and hundreds of thousands ? - "j e tis4 was anxious to do likewise. Portugal v00,,. °° „ VaO I P, do this, and, by converting their bonds, ttl. get an addition to their dividend of Bs. to tb which would mak e th e i r di v id en d s nearly ecr l bid il e a of the Thr ee p er C en t C onso l s .—(Cheers.) h teo. he suppose that he w ou ld no t t a k e that ?—( 1 - 4114 ' cheers.) Not only that, these dividends the rciddr. payable in London, and h e f e lt sa tisfied th et t h 'it tuguese Government never m ean t anything e ofota that. He would be very g lad if Spain wi l ie witZi the honourable example of Portugal; but „a float to be distinctly understood that he was 11- do ubt ' fr .., fault with Spain, for he had not theslightet ust he r . 4 $ they would have paid their liabilities, but t at vs venues had been destroyed by a corrupt. (~ ° ,l O rapacious clergy. He was glad that he e.u p ,Se! ts , them some satisfactory information respect; 1 1 0 3* 1 9„, r for he could say that Espartero was ex trenleg s 2 0 1 7, to do them justice. When he advanced 0 0°0 in the Spanish Bonds, he did not consider hs e i tite d , , e 4 tion, although he did expect to befigreualeioasseciot some future time. But if Don 1N him to advance money, he would not haire ll G one 011 st reletr any price.—(Cheers.) When that loan we . 9i o some of the best suns of Portugal were in r e d tco :to in a state of destitution. They were obliggreotao their families, their properties, and their n ' Afife r ; save their lives from that m o d e rn Nero LIP r to 111 4 He repeated that he had d o ne all in his P°,, vv : p ma ther the interests of the Bondholders, and t he 5° two or three clerks to answer applications 01',itholiL ject from different parts of the countrY...4;catelti'l, they might have had a more efficient ' n o O l te cl would say that they could not have had a t titte a fill or zealous one.—(Cheers.) He had po t lik e e s to convert his bonds without first conll i bio hl oo honest English merchant, and as a man %don. ~.. before the Bondholders to state his deterinwe Go vel at felt the utmost confidence in the Portuguese to felt ment. He had advanced his money to /3 1 _ 4 he‘),, A. country a Constitutional Government, a," iss .lr , that in two years time, that in addition to 1 11° - r fa per cent., they would have half per N. c.e" h n He left with confidence the resolutions to propose in the hands of the meeting, o on n " c la ded w. l 1-. c they would b e cor dially agreed to. ra '. the moving the following resolutions : e .,plan te " That in consequence of the satisfactory in. .4 tion male, and the solemn guarantee ate t he 5 11 ` 0 t decree of the Portuguese Government, „ a y 1. 5 on to , s . 6.to, tn t t o d of ivi .i d t e t n ig d u s s a t s last ,they t b o e c c o o m n e t i nduuee hif,uol,ll3d.' iu 'to meeting do now withdraw all further . oPr con f o ru . i.! o J, the conversion of Portuguese Stock, I ,i,' es tv's , with the decree of her Most, Faithful inikireea to lia vernment, and that such conversion is ng ;„,„ be cordingly. " Resolved, That a copy transmitted to the Committee of the Sto.Fl‘-',A,,,,nri with a request that the new convertqt..._ t o n '! 0 be permitted to be marked in the official thanks be tendered for the support ano_i' ve d frog' which the Portuguese Committee have reu' of this Iti.e3l,o7,lxuctian-