The Sun. — London, England, 1849-02-09 00:00:00

kil-Olf WATER AT- LONDON BRIDGE. THIS DAT —]Morning, 9 min. after 3 I Evening, 30 min. after 3 To-Mosaow— o 'wry., 43 71;n. after 3 I Even'ti , , 7 min. after 4 13, Great Marlborough-Street rlllll7, AUTHOR of "WHI TEFRIAR S." ! The NEW HISTORICAL ROMANCE, by this popular writer, is entitled " OWE .N TUDOR." It will be ready immediately, and those wilco may desire early copies, are requested to send their o: ders forthwith to their respective Libraries. Henry C, lburn, Publisher, 13, Great Marlborough-street. ATENY "WORK BY THE AUTTIOIt OF "ECIWES FROM THE • BACKWOODS." • Now ready at all the Libraries, in 2 vols., 215., ADVENTURES of CROMWELL DOOLAN; Ott, LIFE IN TIIE ARMY. By the Author of "IICHOES from the BACKWOODS." nenrtCelburn, Publisher, 13, great Marlborougb-street. Row ready at all the Libraries, in S 2 vols., post Bvo., PEREGRINE SCRAMBLE; Or. THTRTY YE ABS' ADVENTURES of a BLUE JACKET. By SIR HENRY V. HUNTLEY. Richard Bentley, New Burlington-street, • FLAIL W Y SHAUE, MESSRS. WILLIAM LAMOND and Co., Wick and Share Brokers rearectffilly announce that they continue daily to BUT and SELL, by Private Contract, all deser,p: tlon.a of Stocks, English and Foreign, Railway Shares, &o. Threadneedle-street. London, Jane t y 15, 1849. ST . JAMES'S THEATRE. Season 1849. FREXCII FLAYS and OPERA COMIQUE. THIS EVENING, The Performances will commence at Half-past Seven o'clock, with Boieldieu's popular Opera, LE NOUVEAU SEIGNEUR DE VILLAGE. To conclude with the popular Opera Comiquo, entitled L'AIIBASSADRICE. air. Mitchell begs also to announce that, notwithstanding the in c-cased expenses of the present entertainment, the prices of admls svyn are determined as follows: Boxes .. ss. Od. Pit as. Od. Amphitheatre .. 2s. Od. Subscriptions for the season may be arranged at Mr. Mitchell's Royal Library, 33, Old Bond-street ; Mr. Sams', St. James's-street ; 14s. Andrews', New Bond-street ; and at the Box-office of the Theatre, which is open daily from eleven till five. THEATRE ROYAL. HAYMARKET. Mr. B. Webster, Sole Lessee and Manager, Old Brompton. The public is respectfully informed that this Theatre has, during the recess, undergone very extensive repairs and alterations and the whole re-decorated. THIS EVENING, Will be performed HAMLET. Hamlet, Mr. C. Kean ; Queen, Miss Laura Addison ; Ophelia, Mrs. C. Kean. To conclude with an Arabian Nights' Entertainment, entitled CAMA.RALZAMAN AND BADOURA ; or, The Pert who Loved else rrince. Characters by Messrs. Bland, Keeley, Mrs. Keeley, Miss Horton, and Miss Reynelds. THEATRE ROYAL, ADELPIII. Tinder the direction of Madame Celeste. During the Recess this Theatre has been entirely re-decorated, the original designs by Digty Wyatt, Est executed by Mr. Sang. A new Stage, Curtain, Act Drop, and thiandelier. An approved sys tem of Ventilation, &c., &c. The Private Boxes enlarged, Backs added to the Seats, and Stalls rendered mere comfortable. TIIIS EVENING Will be presented the celebrated Drama, entitled THE GREEN BUSHES ; or, A Hundred Years Ago. Murtogh, Mr. 0. Smith ; Deutlis, Mr. Cullenford ; Jack Gong, Mr. Paul Bedford ; Grinnidge, Mr. Wright ; Captain Dartois, Mr. Worrell ; Madame St. Aubert, Madame Celeste; Geraldine, Mies E. Chaplin; Nelly o'.Nell, Miss Woolgar. To conclude with THE ENCHANTED ISLE. Alonzo, Mr. Paul Bedford ; Prospero, Mr. 0. Smith ; Ariel, Miss E. Chaplin. ROYAL LYCI.IiTM THEATRE . . Under the Management of Machunsz Warts. Solo Lessee, Mr. Charles Ma'he^:a. THIS EVENINC:, Will be performed a new and original petite Comedy, entitled WHO SPEAKS FIRST ? After which, a new Fairy Extravaganza, entitled THE KING OF THE PEACOCKS. Characters by Messrs. Harley, John Reeve, Selby, H: Hall, Marshall, and 11. Marshall ; Miss Kathleen Fitzwil 'lam, Miss L. Howard, Mrs. Macnamara, Miss Marshall, Miss L. Marshall; Miss Coleman, and Madame Vestris. To conclude with AN APPEAL 'CO THE PUBLIC. Dress Poxes, Ss.; Upper Boxes, 4s. ; Pit, 25.; Gallery, Is. No kW-price to any part of the house. The New lox-oißce, No. 2, Weilln?to^• street, !a open to the pnblic day, from Ten till Six. • - PIZINCESS'S Mr. J. M. Maddox, Sole Lessee and !lanager. During the Recess this Theatre has baen re-dec-nrated and embel• lished in a superb and costly manner 1 - y Mr llurwitz. A new Chan delier has been fitted, and the best afran :cements have been made for the due Ventilation of the Theatre, and the counort and convenience of the audience. THIS EVENING, Will be performed the Romantic Opera, entalca LEOLIXE. Count Adelmar, Mr. Charles Braham; the Seneschll, Mr. H. Horn castle; Frantz, Herr Mengis ; Matilda, Mrs i‘ CI3S; Leeline, Miss Poole. To conclude with a new grand Pantomime, entitled BLUFF KING HAL ; or, Harlequin and the Charmed Arrow. Harlequin, Mr. Bologna; Pantaloon, Mr. Paulo ; Clown, Mr. Flexmore ; Sprite, Mr. De Barr; Columbine, Miss Fawcett. ASTLEY'S ROYAL AMPHITHEATRE. Proprietor, If r. W. Batty. Last Week of the Wars of the Jews. ruder the Patronaie of her Majesty the Queen, his Royal Highness Prince &Theft, &C. Enormous success of the Holiday Novelties, the most astounding in the Metropolis.--A gorgeous Spectacle.—Brilliant Scenes of the Arena.—A new comic Pantomime. TH IS EVENING, The curtain will rise at a Quarter to Seven o'clock precisely to the magnificent Spectacle of the WARS OF THE JEWS; or, The Fall of Jerusalem. To he followed by an inimitable display of SCENES IN THE CIRCLE, supported by the first Equestrian talent of the day. To conclude with a new Equestrian Pantomime, entitled BOLD ROBIN HOOD ; Or, The Pretty White Horse and Enchanted Prin cess of Sherwood Forest. liost-ofnee open from Eleven till Five. Stage Manager, Mr. W. West. TO CORRESPONDENT 6. o communication can be attended to urleas authenti cated by the name and address of the writer. communications cannot be returned. TaE WEATHEIZ.—Srm OFFICE, FEBRUARY 9. TfIieRrIONETER, Lowest, 33; Highcst, 50; Noon. 46. BAROMETBS, 30.57—a rise of 33 points since yester day. In the evening a change took place in the wind to S.S.W., with some showers of rain ; but towards ten o'clock the clouds cleared away, and the mercury rose 20 points, with indications of frosty weather. The wind is now more westerly, with a dull hazy atmosphere. \ k,,,. ,, •.4,15;.61,;} ~- 1 1\ it i ,-,, . _ ~, , 4. : ,-z,., fr, -- ' -;.... ),.. ' 'C'eS-- ) < Ile r ;t: "';,T7 4 , etTL., liday LONDON, FRIDAY, FEBRUARY 9, 1849. With unmingled satisfaction we notice the ap pointment of Sir HENRY LYTTON BULWER, as British Minister in the United States. We are doubly rejoiced by this appointment, for, in the first place, without disparaging the zeal and abilities of other diplomatists, we consider the services of the late Spanish Ambassador to be too valuable to be easily dispensed with by his country; and, s?condly, we feel assured that Sir HENRI', himself, must re joice in being again restored to the exercise of those diplomatic functions in which he has been so, long and so honourably distinguished, and from which he was, last year, released with such compulsory celerity. ,Sir Harter BULWER brings to the office of Ambassador something more valuable than courtly urbanity and political finesse. His unswerving ad herence to the - liberal principles which he professes, and his conscientious advocacy of popular rights, both at home and abroad, enables him worthily to main tain the honour of his country, and prompts him to forward, as far as it_ is in the :power of his ambassa dorial influence , the welfare of the people amo ng w h om be may b e appointed to dwell. Th e c i rcumstances which led to Sir HBNRY'S departure from Madrid are too well known to require recapitulation. Since that period—since the British Ambassador was sum marily expelled from the Spanish capital, England has had no diplomatic dealings with Spain. It is said that the difference is in process of being amicably arranged. Nevertheless, it will be long before the incident can be forgotten—it will be long before the English people will cease to remember the insult offered to their representative, by the Government of a Sovereign for whom they had lavishly spent treasures and blood—an insult, moreover, incurred in the fulfilment of a duty for which the English people, in espousing. the cause of ISABELLA, had rendered themselves responsible—the advocacy of the rights of the people; as well as the rights of the Sovereign. It will be long before this unparalleled incident in the annuls of diplomacy will be forgotten, and, while it con tinues to be remembered, the noble bearing of Sir HENRY BULWER will be the subject of deserved eulogium. A consideration of these_ circumstances causes us to view with satisfaction the appearance of the name of BULWER, once more, on the list of our foreign ambassadors. Very different is the nation to whom Sir Hemty is now the Envoy. From the head-quarters of Aris tocracy—for Spain is, perhaps,,tho most aristocratic country in the world—ehe goes to the nation of Democrats-fro' kingdom whose noblei are as he goes to a p eop l e w h ere every ro yal as their Princes, titled is: unknown — from a Court w h ere it i s d eath for a subject to touch a Sovereign, to a country where there is no manner of possibility of such a law ever being. infringed. Sir HENRY BULWER, unap preciated and repulsed by the arbitrary Government of Spain, repairs to we had almost said '(te-borrow "our fellow -country men a phrase from Mr. S.111YTEIB) in America." now appear for British However strange it may AmlbaisPokor.t.cebe. expelled from Madrid, some eighty rtrabilftek itlsVoitfellive appeared so mewhat more rlin"Y• that els 'sritish Ambassador should be tep•it to the United Stat(S:ofAmeeical Yet, marvellous 'ld Such, an eirei444 l :-it-ii nv years have. passed, and a British drabAieade r lika. • tr 4 to. Washington as readily 41 #o gn eA P i tsVgPit*Pc 'idoreoTery - -th• Unglish people—the descendants of those who fought on Bunker's-hill and the heights of Abraham, rejoice as much—rejoice immeasurably more in their friend ship with the independent States of Arno . lea than would their ancestors, had they succeeded in crush ing that nascent independence. Sir HENRY will doubtless find considerable difference between the capital of democracy and the vicinity of tie Alham bra. Still he will find more reciprocity of sentiment among the members of Congress than he ever could have met with from the employes of NARYAEZ. The corps of Foreign Ambassadors assembled at Wash ington now numbers some new Republicans, but among that number we doubt if there be one, Repub lican though he be, a truer champion of popular rights or a more resolute assertor of national independence, than the newly-appointed Ambassador of Monarchical England. California in its geographical history possesses an attraction second only to its mineral fruitfulness. And now that its annexation to the territories of the United States has been effected in compliance with the fifth article of the memorable treaty ratified on the 16th of March, 1848, it may not be unimportant to take a retrospective glance, however rapid, at the meagre and disjointed records preserved to us by navigators, by travellers, by adventurers, by specula tors, by colonists, and by missionaries, since ale periods of its successive discoveries—first in 1533, by Don DIEGO BECERRA ; secondly, in :1534, by HERNANDO DE Giaixaava ; and, thirdly, in 1579, by Sir FRANCIS DRAKE, the Conqueror of the Spanish Armada. Whether we turn for information respecting the remarkable locality to the narrative of RALEIGH'S expeditions, or to that of VANEGA:S wanderings, we find everywhere indications of that fertility of soil apparent, salubrity of climate, and felicitous novelty of situation, which are now attracting to wards it the population of both hemispheres. It still remains doubtful whether the declaration of HAK LUYT as to the metallic wealth of New Albion, or as it was otherwise called Carolinas and California, is authentic or apocryphal ; it is still a matter of con jecture whether the Historian of the World meant in his description of Parino to pourtray the topography of the real Sacramento, or to shadow forth the aspect of some visionary Cathay—but it is certain that the many excellent peculiarities of that portion of the North-American continent were recognised and ap preciated from the very earliest times by the different maritime powers of Europe. Under the Spaniards California acquired a few ecclesiastical set tlers, who afforded the aboriginal Indians the blessings of Christianity. Under the English— who, towards the close of the sixteenth century, re ceived the sovereignty of the country from the local chieftaini—the inhabitants acquired little advantage beyond that of a more frequent,; intercourse with the nations beyond the Atlantic. Ultimately California became an integral part of the Mexican dominions, and on the occasion of the revolutionary outbreak of 1822, it readily acknowledged itself a section of the federative Republic thereupon established. After havingbeen excited to insurrection by ISAAC GRAHAM, in 1836, reconquered by a handful of convict merce naries under ALVAREDO in 1840, and temporarily occu pied by Commodore CATESBY JONES, in 1842, it was at length, in 1848, ceded to the United States by the fifth article of the celebrated treaty to which we have already made reference. During the time of DRAKE, it is an historical fact beyond denial that California was in the possession of England ; and, since then, negotiations have frequently been attempted for the purpose of arranging the transfer ence of these gigantic territories from the power of Mexico to that of Great Britain. According to the account fnrnished by Mr. FORBES, it was projected under the Presidency of SANTA ANNA, several years ago, to yield up the whole of New California to the English creditors for the liquidation of the debt of 50,000,000 dollars then due from the Mexican Gee vernrnent. Circumstances, nevertheless, occurred which put an end prematurely to these negotiations, and England has consequently witnessed the seizure of what was once designated New Albion by the soldiers dispatched on a mission of spoliation from the capital of Washington. Russia, at one time manifestly solicitous to extend her set tlements in a southerly direction, has been compelled to stop short at the entrance of Nootka Sound. England unwillingly restricts her possessions on the Eastern shores of the Pacific, to the northern division of the Oregon, and to that magnificent island of Quadra (or Vancouver), which it is actually proposed should be delivered over to the effete administration of the Hudson's Bay Company. In New California the United States possesses an additional province, covering an area of 350,000 square miles, being three times the dimensions of England and Ireland put together! The Union, con sequently, commands both oceans in the most central situation its rivers pouring down eastward into the Atlantic, and westwards into the Pacific, and its merchandise floating with unrestricted celerity in one direction towards Asia, and in another towards Europe. True, that the newly-acquired country is almost without anything worthy of the name of a settlement—the number of whites, or gente de razon, throughout the whole of California scarcely exceeding 3,000, the,half breeds barely 2,000, and the Indian population having dwindled from 30,650, as it was in 1834, down to 15,000 in 1842, both in town and country. Yet, with the attractions of avarice and the stimulations of industry, consequent upon the discovery of the gold and quicksilver in the sand of the Sacramento and its tributaries, it is not frivolous to anticipate a rapid and extensive colonization. Tathe advantages of a productive and seemingly genial climateXalifornia (we mean, of course, in every instance, New California, Old California being a barren penin sula still abandoned to the unfortunate Mexicans as not worthy of immediate occupation), adds the equally inestimable, and, if that be possible, the superior advantage of three very excellent seaports — San Diego, the most southern and the least remark able; Monterey, generally regarded as the capital ; and San Francisco, the most northern, and, perhaps, the most , extraordinary in the whole world. Of the lesser bays, those of San Barbara, of San Pedro, and of Trinidad, it is unnecessary to speak in consequence of their comparative inferiority. Of San Francisco, it is not too much to say that the navies of both hemispheres might be moored in its superb harbour in perfect safety and without confusion. As yet the two diminutive towns upon its banks, that of San Fran- Cisco and that of Yerba Buena, barely contain 2,200 inhabitants. As yet the English from the United States barely amount to 360, the English f S r p ora Spaniards to to 250, the Irish to SO, the to 80, the French and Canadians to 80, the Mexicans to 90, and the Hawaians, the High Dutch, the Swiss, the lengthltalia and b Italians, andt r h e e ad P th ort o u f gu u es p e pe to r 90, throughout th e California. As yq, the nearest settlements beyond the frontiers are those of the Columbia river, 600 miles distant, and of Puget's Sound and V ancouver ' s Island, 800 miles beyond th e b oundaries. As yet, the gold regions can only be reached by a dan gerous journey overland along the Ohio, up the heads of the Missouri, and across the Rocky Mountains, through a barrier of ambuscades, and bowie- knives, and rifles and tomahawks— or by an expensiveline over the Isthmus by Chagres and Panama —or, lastly, by a long and circuitous voyage round Cape Horn, touching alternately at the Falkland Islands and at Valparaiso. If the present excitement, however, be only sustained for a brief interval longer it will inevitably remove all those obstacles for the advancement of the country, and will transform New California from an unculti vated and thinly inhabited waste into the productive and populous regenerator of the Pacific. The accounts from California respecting the gold discoveries, and the enormous quantities of the precious metal that may literally be picked up by all who choose to de so, which at first were looked upon as gross exaggerations, receive additional confirma tion day by day. Every new mail brings further 44telligence, proving clearly and satisfactorily that the wonderful rumours that were circulated were fully justified by the facts—that the produce of the diggings more than justify the moat sanguine expec tations that had been entertained by the treasure seekers. The letter from Rear -Admiral Ruirrs HOILNUIY, the Flag Officer in command on the Pacific station, a copy of _which ap p'eand - The . " yesterday, however, furnishes - eliidetice; which cannot be contro verted or denied. When we And a British officer, of undoubtel character, who has risen to the highest rank in the service of his country, and who has been selected to fill the situation of Admiral in command on a very important station, offering his unsolicited and gratuitous testimony on a point in which he can have no personal interest, we can no longer refuse the most implicit credence to his assertions, more par ticularly when those assertions are fully borne out by the further evidence of a distinguished Post Captain in the British Navy. The paper, the truth of which is more than confirmed by Captain COURTENAY, of the Constance, just arrived from California, " states that, at the lower mines the miners count the success of the day in dollars, at the upper mine, near the mill, in ounces, and here in pounds." And it also speaks of a single piece being found " weighing 12 pounds !" and of five loads of earth, " which yielded after washings 16,000 dollars;" and that " instances have occurred where men have carried the earth on their backs, and collected from 800 to 1,500 dollars a day 1 !" If such extraordinary results can be obtained by un skilled labour, aided, perhaps, only by "a butcher's knife, for which 40 dollars was refused," or " a pick, spoon, or shovel," by merely subjecting the auriferous soil to re peated washings in plain water, what may be expected when extensive machinery, and all the improved appli_ antes of modern art, are introduced ? Quicksilver, too, the most important agent in separating and puri fying the gold may be obtained in the greatest abundance, and in the very localities where it will be required. There is no drawback what soever, no lack of space to restrict the operations of the gold seekers. The metal is scattered over a vast extent of territory, and on the very surface - of the earth, " admitting of simultaneous labour being applied to an almost indefinite extent, and labourers ready to proceed thither at their own expense, in any numbers that may be required."* It is, therefore, impossible to assign any fixed limits or to offer more than a mere conjecture as to the amount that may ultimately be obtained. Of this only we may be assured, that its value will he very great, and far beyond anything that has heretofore been known. Even the fabled splen dours of El Dorado scarcely exceed the magnificent reality. Under such circumstances it is by no means sur prising that multitudes should hasten to the land of promise to gather the glittering treasure. Thousands are already busily engaged, and tens of thousands are proceeding thither with all possible expedition. Emigrant vessels are starting from almost every port, crowded with eager expectants, and probably within the present year one hundred thousand adventurers will be fully occupied. If each of thcse persons col lect but half an ounce a day (a quantity far short of the lowest estimate that has been formed), we shall find that gold to the value of more than 70,000,0001. sterling will be extracted from the soil, the greater portion of which will be brought into active circulation. On the 15th ultimo we pointed out the extraor dinary results that followed the discovery of the mines of Mexico, of Peru , and of the Brazils in the latter end of the 15th century, and the consequent alteration in the value of the precious metals. We also considered the probable consequences of an in crease of gold to the value of eight or ten millions of pounds per annum. We showed that a similar de preciation to that which was witnessed in the 16th century, when the average price of wheat, the most important article of food for the people, had increased fivefold within little more than forty years, must again take place. What an extraordinary revolution in society will occur if even 50,000,0001. sterling be obtained. How soon will the relative value of things be changed. We shall not hear of a Legislator asking triumph antly, " What is a Pound ?" end conceiving that every moral obligation will be fulfilled by paying to the national creditor, to the landed proprietor, to the annuitant, 5 dwts. 3 grs. of gold, then a compara tively worthless metal, for every pound sterling which he is entitled to demand. The word of promise, in deed, may be kept " to the "ear, but it will be broken to the hope." The gold will be there, but the " pur chasing power," that which alone constitutes its utility, will be absolutely wanting. What melan choly and heartrending statements may be made to the then Chancellor of the Exchequer of blighted prospects and melancholy reverses 1 Helpless widows and orphans may be stripped of the inheritance pro• vided for them by the providence of the husband and the father. Each sovereign in which the divi dends would be paid or the jointure satisfied would undoubtedly be of full weight, and of the sten • dard fineness. No complaint could be made on that score ; but where would be its exchangeable value ? Where would be the command over the necessaries and comforts of life that was conveyed by the posses sion of a sovereign, or even cf the much condemned one-pound note, in the average of transactions in which it was employed ? " Echo may, indeed, answer where ?" The unfortunate fundholder would speedily discover to his cost how futile the expectations he had formerly cherished, how delusive the theories of the bullionistsi He gladly listened to their voice, when there was a scarcity of gold, and a great ap preciation of the value of money, when from want of a circulating medium—a currency adequate to the wants and exigencies of the country, industry was paralysed, employment could not be obtained, and the working classes were reduced to the utmost ex tremity of distress, owing to an;over-strict adherence to the theories of the currency mongers. Then, indeed, they could prate glibly about keeping faith with the public creditor—of the contract being to pay a certain weight of gold of the re quisite standard and fineness—no rratter, although twice the amount . of labour might be required, and that gold, or rather, we should say, the currency was of double the value that it had been at the time the obli gation was contracted. The full pound of flesh should be returned ; nothing less would be ac cepted. Now, indeed, circumstances will altogether be altered, and the spirit and essence of the agree ment will be considered—the intrinsic value, the purchasing power is that which will be desired. And we would give it. Ground down as we have been, overwhelmed with the burden that was so ruthlessly cast upon us, we would still, as Englishmen, desire to deal fairly with all ; to satisfy the claims, the just and equitable claims, that the public creditor undoubtedly pos sesses; but let him be wise in due season—let him, while there is yet time, be satisfied with an equitable settlement. Let a currency be introduced that will not be subject to those violent alternations that have led to such mischievous results within the last thirty years. A national note, on a proper basis—on that sug gested by the Liverpool Currency Reform Associa tion—will do justice to all ; and to that we must come at last. It may as well be done speedily, and with a good grace. * " R-flections on the manner in which Property in Great Britain may be affected: by a large influx of Guld from California, and Suggestions as to the means by which such effects may be neutralised, and any material disturbance in the Currency prevented." By a Merchant. London: Effingham Wilson. IRELAND. (BY ELECTRIC TELEGRAPH.) MR. DUFFY'S TRIAL. Dummr, THURSDAY EVENING.-At the sitting of the Commission Court this morning, the Attorney- General was heard against the application made by Mr. Butt, Q.C., on the previous day, to the effect that the prisoner should not be called on to plead to the last indictment found against him, inasmuch as there was a previous indictment pending. The ATTORNEY-GENERA L stated that the Court in its discretion should order the prisoner to plead, and he would then move either to quash the old indict ment or en ter another nolle prosequi upon it. Sir C. O'Loghlen having been heard for Mr. t p a n against ahffy i hear rt u the Sol i citor support otri 0 0 . Gn f t wn h ei e rt ah lo m ui o nt t tr i o he npi reply. I.. t n h g e it Court ruled necessary Tho prisoner was then called up for arraignment, when Mr. Butt, Q.C., handed in a plea of abatement; it was to the effect that one of the grand jurors who found the bill, although a resident within the borough boundary under the Municipal Act, was not a free man of the city, or a burgess, or a resident of the city, so as to qualify him t ,, sit al a jue . :..naln. 1113 Court 41!c wed t*c , sc me time to inciL:l , . into the first part of the plea, and proceeded with other bugling. THE SUN, LONDON, FRIDAY EVENING FEBRUARY 9, lat 93 THE FRENCH REPUBLIC. We have received the Paris Papers of yesterday. The National Assembly on Wednesday adopted without a division, as we stated yesterday, the first clause of the proposition of M. LANJUINAIS, which declares that the electoral law shall be passed without delay. The Assembly then proceeded to discuss the second clause of the proposition, which enacts that immediately after the passing of that law the elec tion lists shall be prepared and the new elections take place on the Sunday after the closing of the lists. This proposition, which was opposed by M. SENARD, and supported by M. DUFAURE, was adopted by a majority of 470 to 337. The Assembly then adopted the third clause, enacting that the Assembly before the dissolution should in addition to the electoral laws pass the organic law on the Council of State, and that on the responsibility of the PEXSIDENT of the Republic and his Ministers—this was the whole of the proposition of M. LANJUINAIS, which had, with the support of the Ministers, been substituted for the proposition-Bateau, and so far the result was a ministerial victory. But the victory was not to be complete, for M. DEZERMERIS distrusting, and very properly distrusting, the economical disposition of a Chamber to be elected under the menaces and eajoleries of the reactionaries of all shades who from the higotted partisan of the Parti-Pretre to the cold-blooded self-seeker of the parti- Thiers— from the Legitimist believer in the right divine of Kings to govern wrong" —to the place-hunting enun ciator of the dogma "le Roi regne mais ne gouverne pas," have united in an unholy alliance to restore the regime of the exploitation of the people for the exclu sive benefit of the now fallen beaureaucrats.—M. DEZERMERIS, distrusting the economical dispositions of a Chamber so elected, proposed that the budget should be also passed by the National Assembly before its dissolution, a proposition which, notwith standing the opposition of the old political hacks of all the former regimes, was carried by a majority of 445 to 373. The result of these divisions will be that the new Legislative Assembly will meet about the middle of May. The Moniteur contains the following announce ment : " Paris Feb. 7. "His Excellen c y th e M arqu i s o f N orman by has this day presented to the President of the Republic, the let ters of her Majesty the Queen of the United Kingdom of Great Britain and Ireland which accredits him in quality of Ambassador Extraordinary and Minister Plenipoten tiary to the Republic. "It will be remembered that Lord Normanby has hitherto been accredited only to the Republic for a spe cial and temporary mission." Five of the murderers of General BREA and Capt. MArrorx were sentenced to death by the Council of War of Paris—namely, Daix, Vapreau, junior, Lohr, Chapael, and Nouvrit. Three others were sentenced to hard labour fp: life, five to 15, 10, and 5 years of the same penalty; nine to various years of imprisonment, and three were acquitted. M. CLEMENT THOMAS has been declared out of danger by his medical attendant. The Three per Cents. closed on the Paris Bourse, on Thursday, at 46f. 45c.; the Five per Cents. at 77f. 45c.; the New Loan at 77f. 20c.; Orleans Railroad Shares at 730 f.; Rouen, 445 E ; Havre, 247 f. 50c.; Great Northern, 398 f. 750.; Vierzon, 265 f.; Avignon, 176 f. 25c.; Basle, 86F.; Bordeaux, 392?. 50c.; Paris and Strasburg, 335 f.; Tours and Nantes, 313 f. 75c. BUSINESS DONE IN FOREIGN RAILWAYS AT THE LONDON STOCK-EXCHANGE, FEB. 8. Boulogne Pad Amiens, B%—Central of France (Orleans and Vierzon), —Luxembourg (100, 2—Namur and Liege, 814-- Northern of -France,' B% Orleans and Bor. Beaux, 3—Paris and Lyons (10/.), 4%—Paris and Rouen, 10--Rouen and Havre, 10— Sambre and Meuse, 3%—Tours and Nantes, 2. if they carefully avoid coming to a decisive battle. The campaign has already lasted six weeks, and yet the number of the Magyar forces has rather increased than diminished, with the exception of the officers, some of whom have deserted to the Austrians. lithe Magyars can prolong the war until the opening of the campaign in Upper Italy, which will probably occa sion an intervention on the part of France, their cause cannot be considered as lost. MONEY and COMMERCIAL NEWS CITY, QUARTER TO THREE. The demand for Cotton at Liverpool yesterday con tinued steady, and full prices were paid. The salts wore estimated at 8,000 bales, including 4,000 on speculation and export.—Railway Shares were steady. The foreign accounts are looked upon still as being of a favourable character, and there is an excellent tone in the mercantile letters that come to hand. There are later dates, viz., to Dec. 4, from the Cape of Good Hope, but we find nothing of interest in the papers before us. The attention of the mercantile and moneyed interest is directed now, with a feeling almost amounting to in• tensity, to the extraordinary position in which we may be placed by the influx of gold from California. So confidently is the influx calculated on, that the point considered now is how the standard price of gold is in future to be regulated, and what will be the situa tion of thl Bank of England in consequence. A great extension of the note circulation, enhancing the value of every article of consumption, as well as of property, seems an inevitable consequence of any very large im portation of the precious metals, and opinions wilt, cf course, be divided as to whether this is to be regarded as an advantage or the reverse. It is ob served by a party, writing on the subject, that, " Were it not for the highly condensed value of gold, the standard and sterling value may be wide apart without social loss ; witness our copper coinage ; the Soho penny in 1797 was intrinsically worth a penny, and within twenty or thirty years it has been worth lid. —at the present moment it is intrinsically worth little more than a halfpenny, and, consequently, from the de preciation in its intrinsic worth, its conventional worth in regard to copper is raised to nearly twopence ; for sixteen penny pieces, weighing one pound, will pur chase nearly two pounds of copper of equally intrinsic worth with the coin itself. The value of con densed labour in a penny-piece weighing one ounce, taking it at standard value, is but the 240th part of such value condensed in a sovereign, consequently the temptation to illicit coining in copper is as nothing com pared to gold." Many parties are under the impression that the Bank of England directors have seriously considered the matter, especially in reference to a reduction in the terms of discount, and certainly the decline in the value of money will be soon felt independent of Bank action, if specie continues to flow in as it has done lately. The East Indian Railway question rather gains in in terest and appreciation than otherwise, because of its di rect connexion with the supply of cotton for our manu factures. It is obvious that every year of delay adds to the difficulty of rendering ourselves in the least inde pendent of the United States, and which there would be no particular anxiety about, but that the crop may at any time fail and leave us without resource, a contingency more fearful to contemplate than a deficient home growth of food. The Funds have again been extremely buoyant upon the French news, and the further majority obtained. Consols have touched 92i and 93 for Account, being 921 to 92i for Money. The Nov► Three-and. a-Quarter per Cents. have been 934 and 94, and the Three per Cents. 924 to 93. Bank Stock is nominally 194 to 196. The Bears seem to be buying in their accounts very fast. Exchequer-bills are 455. to 48s. premium for those dated March. The Foreign Securities have been more buoyant also, but there is very little doing except in Spanish. The Five per Cents. are 17f and the Three per Cents. 29:1 to 30. Portuguese Four per Cents. have been 25 to 26. Mexican Stock is very quiet at 251 f. Brazil Bonds have been 81k. Russian Stock has been as high as 108 f and 109. Dutch Two-and•a-lialf per Cents. are 501 L. Raillv:ly Shares have been rather quiet again, and in some cases a shade lower, but it has been observed within the last day or two that the afternoon's business (as was the case yesterday) gives an impulse. The foreign lines have been better. ONE ;TlB H fe'UNDS O'CLOCK CLOSING PRICES. per Cent. Reduced Arms 9234 93 92 3 / 92 3 4 3 per Cent. Consols Annuities 92147/g 58 74 14 92 5 \i ~W 3 1 ,4 per Cent. Anne 93% 94 93% 933 New 5 per Cent. Annuities — 116 1 4 ,oug Arms. to expire J an. 1860 -16 9 9 India Str;ck — 245 India Bonclt, 1,000/ Consols for Account 9 2 3 /4 93 92% 92 +:xchequer Bills. 2 1 4 d. & 2d. 1,0001. March ...... 1,000/. June 52 p 5001. Mulch. 500/. June Small, March .. .. 47 45 48 45 p 45 p Small. June PRICES OF FOREIGN FIT.NDS. ONE O'CLOCK. CLOSIN PRIC E S. 80 81M 80 , A 25% 84 15 1 / 2 25 25 1 4 48 1 A 741; 26xd 25 1 / 2 108 1 A 17% 17% Austrian, 5 per Cent . ........ braz i ban Bonds Ditto, Small — Buenos Ayres Bonds, 6 per Cent — Cuba Bonds, 6 per Cent .. ...... Grenada Bonds, 1 per Cent. Mexican, 5 per Cent. 1846 2st IA Ditto, Account Peruvian Bonds, 6 per Cents — Portuguese 5 per Cents. — Ditto,4 per Cent ...... Ditto, Account Russian Bonds ... Spanish 5 per Cent. 1840 Ditto, Account 1 7 51f, Do., Coupons Ditto, Passive Ditto, 3 per Cent ...... 29 Ditto, Account . 3O Dividends on the above payable in London. 4 29 3 4 29% Belgian 4 1 / 2 per Cent - 80 81 1 / 2 81 1 / 2 Dutch 2% per Cent., 12 Guild 50 1 4 % 50 Ditto. 4 Der Cent. Certificates 79 791/ 2 79 1 / 2 PRICES OF BUSINESS DONE CLOSING RAILWAY SHARES. PAID. AT ONE O'CLOCK. PRICES. Iberdeen 5O - 20 Birmingham and Ox ford Janet., calls duly paid, or with a guaran. 20 Boston, Stamfd & Birm. 5 ... Bristol and Exeter 9O ... .. Nuckinghamthire... 161. 4s. Caledonian Do. New 101. Pref..... 7 1 / 2 ...... 8%.... Chester and Holyhead... 50 Ditto, Preference Nast Anglia, 25/., L. & E. and L. and D...... 25 ...... 4 1 / e 4 4 Do., 31. 10s. Eastern Coueties... ..... 20 ...... 11% , 4,i.. Ditto ditto, No. 2...61. 13s. 4d... 1 p M p Do. New East Lancashire Ditto, New Quarters 6 1 4 — .. East Lincolnshire ...... 25 Great Northern Do., - 1 / . 2 A Deferred ... 12 1 / 2 ...... Do., 1 /. 2 13 6 per Cent. guaranteed ... ..... 6 1 / 2 5 % 1%.......... 5 1 ;mat South. and West. (Ireland) ... Great Western 100 ......105 101 lO Ditto, 1 ,4 Shares Bull and Selby Ditto, Half Shares ... 25 Lar.caPh ire & Yorkshire 93 ...., Do. Fifths... ......... ... 10 Do. Sixteenths 6 1 ,4 — Do. New, Gua. 6 ner et. 7 1 / 2 9 1% •••••• Do. (Preston & Wy_re) 25 , -. ~ . Do. 1 / 2 Shares (A.)..; 9 1 ,4 ] 43/ London & Black wa11...13/. 6s. 8d.... 5; 4 London, Brighton. and South Coast Ditto, New Si., guar. 6 per cent. London and Greenwich 12/15s 4d... t)% ... . .... London and N. Western 100 l3B 138 1 4 137% 137 Ditto, New D , tto,Fiftha ..... .. .. 2 ... 9 1 / 2 .. ~.. Goa .1. & ;-,.. W.-stern Do., New Scrip, 1848, Pref. 7 per Cent. on Deposit, and 5 per Cent. on Calls Manchester,Buxton,and Matlock... ... 4% ..... 2 1% l% Manchester, Sheffield, and Lincolnshire ...100 Ditto, New 101. Pref... 10 Midland ... Do. Consol. Bristol and Birming.,6 per ct.... 100 123% x.d.........123%x.d Norfolk Do. New 201. Do. Guaranteed 5 % pc. 5 North British ... .... ... 25 ...... 1678 ... .. .... 17 Ditto, Halves .. Ditto, Thirds ...... .. 8 1 / 4 .. .. 4% 1 North Staffordshire l 5 Reading, Guildford, and Reigate 1 2 1,4 13% •• Royston and Hitchin ... 2 Scottish Central Scottish Midland... Shrewsbury and Bum.- 10 Shrewsbury & Chester (Nor. W. Min.) Do. 8 per Cent. Pref. 10 Shropshire Union South Eastern Do.. N 0.2. . 22 -Do., Scrip No 4 South Wales Wilts, Somerset,& Wey mouth rork, Newcastle, and Berwick. Do. Original New and Berwick .. ...... ... Do. E xtension No. 1. 20 Do. do. No. 2. ..... ... 20 Do. G.N.E.Preference 8 York old North Midland 50 Ditto, Preference Do. East and Westßid ing Extension FOREIGN RAILWAYS. Boulogne and Amiens... 20 Dutch Rhenish ........ 74..... 1%.. .... .... Luxembourg.... Ditto ••••• Namur and Liege Northern of France...... 12 Orleans and Bordeaux... 7 ...... 3 ...,., Paris and Rouen ... ..... 20 ....,. 18' Rouen and Havre Sambre and Meuse 2O ... .. 41 i i„. ..... Tours and Nantes . 9 ... = 7 2 1.4,4 5% 15 1 4 21/2 MINES. Australian 3 — Bo'ones Scrip ...... .... —• ..... 214 Brazilian Imperial ...... 24 1 4 — --------- 12 1 4 7% 181/i 29 1 % le i 10 4 1 4 2 SPAIN. The following is the-official. . -account of the defeat of the Carlist band uder .the command of ITER- AfuNDI and the Curate of Allo, by the QUEEN'S troops in Navarre : _ " Bulletin Extraordinary from the superior Govern meat of Navarre. (Circular 35.) " His Excellency the General commanding in second in this province has sent s me the following dispatch, dated this day:-- `° llis Excellency the Captain-General of these pro vinces informs me, by a dispatch dated yesterday, that the faction ot Itermundi, which the troops attacked yes terday at the Solano, was routed, and that the same has been intimated to him in a dispatch which he has just received from Colonel Louis Maria Serraux, who has been entrusted with the pursuit of that column. The result has been sixteen prisoners, among them some officers; ten dead on the field of battle, a great quantity of arms and ammunition, and two horses belonging to the leaders. These are th e a d van t ages gained by the troops of the Queen. I transmit the account of them to you, in order that, after having informed yourself ot it, you may make it the subject of an extreordinary bulletin tor the satisfaction of the inhabitants of this province. " JUAN DE I'ERALES. " Pimpeluna, Jan. 31, 1849.' " GERMANY AND THE NORTHERN STATES, AUSTRIA. It would appear as though the thirst for blood of the barbarian soldier, into whose hands the fate of the unfortunate Viennese is committed, increased with indulgence. WELD EN, on the first inst., issued a proclamation, calling upon all the inhabitants to deliver up all their arms sad ammunition within 48 hours, after which time a search would be made of suspected houses, and all persons in whose possession arms were found would be shot ; while fines varying from 20,000 florins to 1,000 florins would be inflicted on the municipality in which such houses are situated. Our readers will not be surprised to hear that on the evening on which this proclamation ap peared two officers were shot in the streets. It would really seem as though WELDEN and WINDISC HG RATE were deliberately endeavouring to provoke the Viennese to some outbreak in order that they may have an op portunity of renewing the massacres of November. According to the correspondence of some of the French papers, a military officer of high rank was brought to Schonbrunn from Hungary on the Ist in,t. dangerously wounded. The greatest mystery is observedevidentidentity, from the great precautions taken to o ankeep to it o hisn the but that he is in a dan gerous neighbourho o d o f S c h on b runn perfectly free from noise. H e h as been is ne dan gerously wounded, it .is said, by a s h o t, c fired "not from the enemy," and the rumour in Vienna is, that the officer thus wounded is no less a personage than WINDISCHGRATZ himself. Certain it is that the whereabouts of Wirsialscria RAW has not for some days past been accurately known, and that his sudden return from Klo to resth on the 26th seems absolutely without a motive, unless, indeed, he had been wounded. The Diet at Kremsier passed on the 31st ult. the fifth paragraph of the fundamental sights. It runs thus :—" Domestic rights are inviolable. The right of house visitation, search, and detention of papers, is inadmissible, except on the strength of a judicial order or a magisterial warrant, legally executed, and in certain cases determined by law. The inviolabi lity of private dwellings is no obstacle to the arrest of an individual caught in the fact or pursued by a lawful officer." The fbllowing bullvtin from the army of Hungary has been published by WELDEN :-- "The rebels under Bea), who had penetrated into Transylvania, were (as before stated) driven back to Watra Verna, and still further by Colonel Urban and the contingent troops of Field .Marshal Lieutenant Mal kowsky, collected at Czernowitz. Seeing the impossi bility of making a stand in the Bukovina; and reinforced by a rebellious band of Szeklers, they turned towards Clausenburg and Ilermannstadt, arriving at the latter town on the 21st at daybreak. As early as seven o'clock in the morning the enemy was in his position, within gunshot, and our pieces in advance opened the fire upon the adversary's attacking column, four times greater than our own. This was returned in such style from six and twelve-pounder batteries on our entrenchments, and the artillery flanking these, that Field-Marshal Lieut. Puckner commanded'the charge to be made at the point of the bayonet. Our assailing column and a Squadron of Savoy dragoons advanced under cover of these guns, driving the enemy from his first position; upon which the battle extended through the whole line. " The left and right wings were formed by the bri gades under Lieutenant-Colonel Losenau and Kaliany ; the centre was commanded by General Puckner in person. " After successive charges of cavalry and bayonet at tacks, the enemy was forced to retreat, pursued by the brigade of Losenau as far as Stolzenberg. " Five heavy guns, four ammunition cart 3, arms of all kinds, provisions, and many prisoners, are the trophies of our victory. We have to lament the loss of Captzins Braunmuller and Papp. " Stolzenberg wa s a tt ac k e d on the 22d instant, by the corps of General G e d ee n, in co-operation with that of Puckner. " The various insurgent divisions are being driven from the upper and lower countries towards Debrecsin, where the remnant of the Hungarian Diet strives to hold on its illegal course. One of these divisions came before Arad, which fortress was besieged on the 26th, but without the slightest success. "After the taking of Versecz on the 26th, the Pa triarch Rajacsics, General Thodorovich, and Colonel Mayerhofer, met at Temesvar, whence they proceeded in field career on to Debrecsin and Transylvania. "How these statements tally with the fibs in daily circulation—that Pesth is again in rebel hands, or, ac cording to others, that the enemy is before th© gates of that capital—let the public decide. (Signed) " WELDEN." The Breslau Gazette says the Magyars have still nlicLrrAPe forcer; Frier lituigary, uudt:r °RC. ;on the -.SS, under the orders KO9FTiTti ; the Lim.% holding in check the Servians; and in Transylvania, under BEM. These forces can maintain themnlye3 for DOMO MOW"; JOINT STOCK BANKS. Australasia Pro7inc9r.l of Err!!awl „. 25 , .. .4 1 1. S 9 2.5 ••,.. mt , to,l - Tem ,33 sr.-, j>c,•• -- • "ad ....... • % 111110.1;, .. . .......... 10% 22 !,1 PLYMOUTH, FED. B.—Wind yariabfe.--Arrd. East London, Aileen, Bolin, LLOYD'S SHIPPING.—(THIS DAY.) LONDON, FEB. 9 . —Wind at seven P.U., W.S.W., fresh breeze and fine. WIND AND WEATHER THIS MORNING. Colchester W.N.W. , fine. Gosport • N.E., fine. Gloucester S , fine. Glasgow S.W., fine. Hull Leith ... S.W., fine. Loweatoffe ... W. N. W., cloudy. Liverpool . W., fine. Newcastle Portsmouth Southampton S.S.W., fine. Yarmouth DEAL, FEB. B.—Wind W. to W.S.W.—Arrd. °chit. tree, Rio Grande ; Isabe'la, Charleston. Put back, Chartley Castle, for Sidnej, New SHuth Wales; Gala tea, Rio Janeiro; John Willis, Demerara; Lucile, Sr. Thomas. Arrd. from the River, Daisy, St. Thomas. LIVERPOOL, FEB. B.—Wind S.W. to N.W.—Arrd. Hero, Sedgley, Pernambuco; Bosom:tale, Goulding, Paraiba; Queen of the West, Hallett. New York. Sld. Victoria, Trinidad. Put back, Sea King, for Savannah. The Manchester, for Bahia, did not sail yesterday, as reported. CLYDE.—Arrd. Omega, Edington, Algoa Bay. DUBLIN.—SId. Ousel Galley, Trinidad. COWES, FEB. B.—The Caledonia, Newport to Aseen si.n, has put in here, reported to be leaky, with part of case keel knocked off, having run on the Bridge and struck heavily iu coming in at the Needles passage. HULL, FEB. 7.—The Lavinia, Dantzig to this port, has put into a Norwegian port, with deck partly swept, and will have to repair. Sid. Queen Victoria, Savannah. PORT LOGAN, FEB. 5.—A cask of red herrings, marked in red " M," in a diamond, and some empty casks, bearing the same mark, were picked up to-day in the bay, supposed to belong to a sunken vessel. Several casks of the same mark were picked up near Peel, Isle of Man, ten or twelve days ago. SUNDERLAND, FED. 6.—The Mary Clark, of this port, which was stranded near Hartlepool on the 29th ult., has been got off and towed into the harbour. ST. MAWES, FEB 6.—Arrd. Sarah, Wilson, Callao. Orr TORBAY, FEB. 7. — Plautagenet,,Bird, Calcutta and Cape of Good Hope. OFF PORTLAND.—John Punter, Pernambuco for Am sterdam. COWES, FEB. B.—Wind S.W. —Arrd. Elizabeth, Batavia; Empress, Youngson, Bahia; Vicar of Bray, Sawyers. Huanchaeo. MARKET NEWS.-(THIS DAY.) CORN EXCHANGE-FRIDAY. Notwithstanding the supply of English Wheat on offer in to-day's market was very limited, we have to report a dull inquiry for that grain, at prices barely equal to those paid on Monday, at which the market closed heavily. Upwards of 15,000 quarters of Wheat have come in from abroad this week. Selected samples were mostly held at late rates. We were but moderately supplied with Barley, yet the sale for it was in a sluggish state, and grinding sorts were somewhat easier to purchase. The supply of Malt was on the increase, owing to which, the sale for that article was dull, at barely last week's prices. Fine Oats moved off steadily, at full rates of currency. All other kinds wore a slow inquiry. Beans, Peas, Indian Corn, and Flour as last advised. English ...... Irish. ........ Foreign ...... ARRIVALS TIITS WEEK. Wheat. I Barley. I Oats. I Flour. 1,890 qrs. 3,020 qrs. 4920 qrs. 1,230 ski. -- 2;200 15,520 I 2,070 Malt. 4,880 qrs. SMITHFIELD. For the time of year, our market to-day was but mode rately supplied with beasts, the general quality of which was inferior. The primest Scots, &c., were in moderate request, at prices about equal to those paid on Monday—namely, from 4s to 4s 2d per Blbs. Otherwise the beef trade was in a very inactive state, at barely late currencies. The number of Sheep was again small, yet the demand for that descrip tion of stock was heavy, at barely stationary prices. We were somewhat largely supplied with Calves, which met a dull inquiry, at a decline in value of 2d per Blbs. Pigs were in fair average supply, and sluggish demand, at unaltered quotations. Mich Cows, with their small Calf, were selling slowly, at from 141 to 181 each. ink the offal. Per Blbs. to 8 5. d. to s. d. s. d. to s. d. inferior Boasts— .. 3 2 3 6 Second qual. Sheep 310 4 2 econd quality -. .• 3 6 3 8 Coarse-woolledditto 4 4 4 5 Prime large Oxen.. 3 8 310 Southdown Wether 410 5 0 Prime Scots .. .• . • 4 0 4 2 Ditto out of the wool 0 0 0 0 Large coarse Calves 310 4 4 Large Hogs ...... 3 4 4 4 Prime small ditto .. 4 6 410 Small Porkers 4 6 4 8 uckling Calves ..18 0 25 0 Quarter old Pigs ..16 0 21 0 Inferior Sheep . • • 3 6 3 8 Lambs •••••• • • • • 0 0 0 0 TOTAL SUPPLY AT MARKET. Beasts. I Sheep. I Calves. I Pigs. 1,019 2,170 I 250 1511 FORE IGN SUPPL Y. Sheep. I Calves. I Pigs. 210 76 I SCOTCH.—Beasts, 180 ; Sheep, 220. NEWGATE AND LEA.DENIKALL. These markets were heavy, at barely stationary prices. At per stone by the Carcase. Beasts. 302 e. d. to a. d. a. d. to a. d. 3eei,inferlor...... 2 4 2 6 Mutton, inferior .. 2 8 210 - middling .... 2 8 210 I middling.. 3 2 310 - primelarge 3 0 3? prime .... 4 0 4 4 - prime small.. 3 4 3 6 I P0rk,1arge........ 3 2 3 8 Vea1........•• •••• 3 8 4 8 -su 11........3 10 4 6 321072017G1i HOP ltdr/A.RICZT. The anxiety of some of the principal holders of both old and new Hops to effect sales has produced considerable flat.. ness in our market to-day. Selected samples are, however, producing full prices, from the limited supply on offer; but most other kinds of Hops are much easier to purchase.— New Hops, Sussex pockets, 2/ 4s to 21 18s; Weald of Kent ditto, 2/ 108 to 31 Os; Mid and East Kent ditto, 31 3s to 61. percwt. PRUSSIA. The result of the elections for the second Chamber is in favour of the democratic party. Of the 350 Members of whom the Chamber is composed, 200 are known to be determined opponents of the reactionary Ministers. WALDECK, one of the newly elected Members for Berlin, in alluding to the charges of anarchical designs which had been brought against him by the reactionary party, said, " Anarchy only exists in the brains of those who do not like the looks of free men. They are dainty—your reactionaries • they must have smiling rosy c h ee k s an d we ll-t r i mme d beards, French varnish-glazed gloves, and lisping tongues. They faint at the rough aspect of bare and brawny arms, stern eyes, at pale hunger-pallid cheeks, and at the thrilling thundering voices for li berty and equality which are our conquest, and shall be the birthright of our children's children. All are anarchists who do not jump into the gutter to let the reactionaries pass—all are anarchists who insist upon the ;full enjoyment of those liberties which are the fruits of our March triumphs." One of the first acts of the majority of the Second Chamber will probably be, to protest against the octroyee constitution, and to demand the immediate suppression of the First Chamber. The National, the organ of the Moderate Democrats, thus speaks of the composition of the First Chamber : " The First Chamber springs from electors paying a census, but not the second. Through this census three fourths of the electors are excluded from their electoral rights. Property from its very nature excites envy, jealousy, distrust, and even hatred towards those possess ing it, on the part of those who are without property, or less well off in the world. These sentiments are called forth in a much higher degree when privation or restric tion of important political rights result from restricted fortune. Consequently the distrust entertained by the majority of the nation against the urwiihler,' and more still against the tishlmiinner' (direct electors) for the First Chamber, must, of course, be applied with propor tionate increase to representatives chosen in virtue of a census; that is to say, want of confidence in the First Chamber everywhere prevails, ere yet this Chamber really exists." Berlin was perfectly tranquil when the last accounts left. FRANKFORT. In the sitttng of the German Parliament, on the sth, TEMME, the new Member for Munster (who had been imprisoned by the Prussian Government for his vote in the Prussian Diet refusing taxes) took his seat. He was introduced by SIMON, of Breslau, and was received with loud cheering by the Members of the Left. The Parliament then proceeded to the election of President andVice-President for the month. The result of the election was, that SIMSON re mained President with 261 out of 395 votes, BE SELER remained Ist Vice-President with 240 out of 397 votes, KIRCHGESSNER remained 2d Vice• Pres ident, with 270 out of 329 votes. ITALY. The result of the Roman elections was proclaimed in the midst of an immense crowd. The announce ment that STURBINETTI was at the head of the poll was received with the most enthusiastic acclamations. MR. PHIPPS'S PAMPHLET ON _ THE THREE AMATEUR BUDGETS. TO THE. EDITOR OF THE SUN. SlR,—Had I seen the notice in your paper of the error in Mr. Wason's calculations or his own acknow ledgment of it before my remarks were printed, I cer tainly should not have again adverted to it, though I think his amended calculations open to the objections I have pointed out. With so fundamental a defect in his plan still unremedied, I did not think it necessary to argue against his first proposition, viz., " that it is dis creditably dishonest not to pay off the national debt." Lest, however, I should be misconceived, I would offer to his candid consideration the following objections to his arguments OR this point, which I believe may be thus shortly stated:—" The debt was incurred merely to pro tect property against invasion from a foreign foe, there fore property ought to pay it off." This argument in volves, as I conceive, the fallacy of confounding " pro perty" with " the owners of property." W ithout then contending, as I might, that considera tions much more important than the mere protection of property were involved in the prevention of invasion. I would remind him that during the 24 years that have elapsed since the war, a very large part of the property he would propose to mulct has been purchased with the hard earnings of the commercial, professional, and labouring classes, so that to say, that it is " discredit ably dishonest" not to pay off a debt assumed to be in curred in preserving that for which they have since paid the full value, by suddenly taking from all such persons 20 per cent. or even 10 per cent. of their whole worldly substance, would seem to be a misuse of terms. This observation especially applies to the fundbolders in whose favour the act of justice is to be done, but who must not individually be expected to feel very grateful for the repayment at the price of the day (by means of a deduction of one•tenth from their whole possessions). of that which at this moment each may receive without any such deduction. ibis. then, appears to be no question between "Oli garchs" or " Aristocrats " on the one hand, and the professional or commercial classes on the other, but to be a proposal for a violent and sudden change in the relative position and fortunes of every Englishman, by which the advantages honestly gained by economy and industry, would be transferred for the future to those who have been less providmt. It was with these views, and with no disrespect for so consistent a reformer as Mr. Wason, that I took the liberty of criticising (along with others) his project, which, as it appeared to me, would impose on certain classes of the community oner ous burdens upon untenable grounds.—l have the honour to be, Sir, your obedient servant, EDMUND PHIPPS. Atheneum, February 8. READING, GUILDFORD, AND REIGATE RAILWAY.—(THIS DAY.) The usual half-yearly general meeting of the pro prietors of the above railway was held this morning at the offices of the compiny, in Exchange buildings, Mr. Alderman Salomons, chairman of tha Board of Directors, in the chair. The report stated that the directors were highly de , lighted in being able to report satisfactorily upon the progress of the works, while they could as sure the proprietors that the strictest economy had been studied in the application of the funds. A good deal of the credit of the economy was due to the exertions If Mr. Barlow, the engineer, of this and the South- stern Company, and the directors had therefore thought it due to that gentleman to bring his services specially under the notice of the pro prietors. The balance sheet represented the total re ceipts up to the present time to amount to 228,7591 155., and the expenditure to 180,4381. 2s. 2d., leaving a balance at the bankers' of 48,3211. 12s. 103. The CHAIRMAN, in moving the adoption of the re port, declared his belief thst the line would be completed within the period necessary for giving it up to the South-Eastern Company who were the purchasers of the railway, and he had received a confident assurance from the engineer the cost of the work would not exceed the original estimate of 600,0001. Mr. COOKE complained that interest due to him on his paid up calls had been stopped because he had not paid a subsequent call. For instance, interest due to him in July had been stopped because he had not paid a call due in September, and he thought it somewhat hard upon him to stop his interest because ho had not called for it exactly at the moment it was due. The CHAIRMAN promised that this defect should be inquired into, and remedied, it the law would allow it. In reply to a question from Mr. MORELAND, The CHAIRMAN said ho could almost undertake to guarantee that the expenditure should not exceed 600,0001. The time for giving up the line to the South- Eastern Company had been fixed for the 26th of next August. Mr. MACGREGOR, the chairman of the South-Eastern Company, having seconded the motion for the adoption of the report, it was put from the :chair, and carried unanimously. The retiring directors and auditors having been re elected, thanks were voted to the chairman and the di rectors, and the meeting terminated. ADELPHI THEATRE. The rentree of Madame Celeste, who has been recently suffering from severe indisposition, attracted an over &ming audience to this theatre last evening. She chose the character of Miami in the Green Bushes, and although she looked as one who had been suffering from recent !,, illuess, yet as she warmed in the part, the fire of genius overcame the languor of physical debility, and she was as powerful, as intense, as pathetic as ever. She was welcomed back to the scene of her many triumphs with the most rapturous applause. The part of Geraldine was sustained (for the first time, we believe,) by Miss Ellen Chaplin, who made quito a hit in the part. Miss Woolgar's Nelly O'Noil was excellent. DUBLIN AND BELFAST JUNCTION RAILWAY.—The portion of this line now ready for opening between Drog heda and Dundalk was in3pected by the Government officer on Saturday last. He found the line in efficient order, and will recommend that the usual cer- tificate bo issued by the Commissioners of Rail- ways, authorising the opening. Thursday, the 15th instant, has been fixed upon for the public opening of the line for traffic ; and we are happy to find that the directors have considered it more advisable to contract for the working than to incur the expense and responsibility themselves. They have contracted with Mr. Dargan to provide the entire working stock, and to receive payment by a mileage rate. The loco motives and carriages already provided by the directors, will be taken by Mr. Dargan ; so that Iv) loss will he sustainer: by having them thrown on their Ninth'. Mr- Dargmn has alEo.contraeted, on similar terms, to work the DumLik and Enniakillen line Uctween Dili.(laik and Castleblaney, which, it is expected, will be ready .for openhag On the 1501 inotant. COLONIAL.. SuaAs..— Generally th7purelTZes have been good. British plantation samples have been at full prices. Barba does fine yellow sold at 41s to 435, mid at 38s to 395, and low at 36s 6d to 37s 6d. REFlNED.—Standard lumps were 50s to 50s 6d, and good brown grocery 49s to 49s 6d. EAST INDlA.—Mauritius, 12,024 bags found ready buyers at full quotations; fine yellow, 40s to 425; good mid and good, 38s 6d to 39s 6d; mid, 37s to 38s; low, 36s to 375; good and fine brown, 34s to 35s 6d; ord and low, 30s to 32s Gd, and ord to fine grey, 35s Gd to 40s. Bengal, 1,662 bags, realised full values • good and fine white Ben ares , 41s to 435; and damp a n d washed, 39s 6(1. to 40s. Madras, about 7,600 bag , , has been in good request; good grocery, 38s 6d to 395; mid damp yellow, 84s; good and fine, 403 to 43s 6d; and fine brown, 31s per cwt. Ma nilla, 7,902 bags, was taken in at 38s for sound brown, and at 34s to 37s fur damp and washed. Ceylon, 1,208 bags, sold at full quotations, low and mid greyish syrupy, 34s to 35s 6d, and good yellow, 38s Gd. Java has realised good prices, yellow, 38s to 393; and brown, 36s to 37s 6d. Havannah has been sold at 30s fid in bond for good colour, at 38s 6d to 41s for low to good washed yellow, and at 36s 6d to 39s 6d for low to good washed brown. Cuba has been held for 39s per cwt for mid. COFFEE.—There has not been a large business done, but Ceylon realises full prices; fine and f fine ord, 41s to 49s 6d; low mid and mid, 50s 6d to 565; triage, _3os to 40s; pea berry, 43s to 57s ; and low mid to mid, 53s to 60s. Mocha has been at 553 6d to 56:1 for mid. Madras, good to fine fine ord, 38s to 565; and superior, 62s to 658 6d per cwt. Jamaica has been at 15s to 46s for f fine ord ; at 39s to 40s for fine ord; at 31s 6d to 33s for good ord; and at 24s 6d for triage. Madras, f fine ord pale unclean, 475; and fine ord, 38s to 425. Manilla, fine ord pale, rather mixed, 32s 6d to 535. Native, real good crd Ceylon, 3:s per cwt. COCOA.— Trinidad has realised 40$ to 43s for grey; 42s to 468 fur red mid to line. Bahia has been sold at 28s to 295, and Para has been taken in at 26s to 283 6d per cwt. RlCE.—Bengal has been sold at lOs 6d to 12$ for fine white; Ils to Ils Gd for good; 10$ to 103 6d for mid; Madras good sound pinky white brought 8s 6d to 9s; Java sound yellow sold at 8s 6d to Os; Arracan ord. 7s Gd; Siam taken in at 6s to 108. SPICES.—BIack pepper has been firm; Singapore and Penang 2%d to 2%cl per lb; white 3%d to 4 1 . id ; Pimento has realised 3%d to SALTPETRE.—CaIcutta sold at very full rates, 6 to 8 1 4 per cent refraction 26s to 26s 6d. Rum.--Proof Leewards has been in more request :at 13 4d to Is sd, and Ea‘t India at Is 30 per lb. CorsoN.—There has been a firm market. TALLOW.—P.Y.C. has declined to 39s and 38s 9d per cid on the spot. TEA—The market is firm, and a good business is doing. GREEN FRUIT.—The fine weather is improving the mar ket. Oranges have advanced in price, which will be sus tained owing to the short crops existing both at the " Azores" and at Lisbon. A cargo from the former place ex Whitemouse, sold at public sale by Keeling a' d Hunt, went at full rates A cargo of French Chesnuts offered by the same parties partly sold at an advance of one shilling per barrel. Lemons are in demand, and some parcels are with drawn from the market for an advanced figure. Seville Sours arrive but slowly, and the price will rule high this season. Barcelona Nuts dull of sale. More inquiry for Black Spanish and Brazil. CHANCERY.—(THIS DAY.) The Lord Chancellor sat to•day in his Court in the Old Hall, Lincoln's-inn, for the purpose of hearing un opposed lunatic petition appeals, motions, and appeal& IN RE NASH EXPARTE GURNEY.—JUDGMENT. The LORD CHANCELLOR gave judgment to-day in this case, which came before his Lordship upon appeal, from the decision of the Vice-Chancellor Knight Bruce, refus ing to supercede a fiat in bankruptcy, that had been issued against Nash. The facts under which the fiat had been sued out, were embodied in a special case, and appeared to be the following:—Previous to the year 1840 John Nash had carried on the business of a farmer and hop grower, at Reeds Farm, in the county of Kent. In that year a deed of partnership was entered into between him and Henry Gurney,a son of William Brodie Gurney, of Denmark-hill, to carry on the business together for a term of fourteen years. Some time in the year 1841 Thomas Gurney, a brother, advanced a sum of 538/. 12s. 6d. for the purposes of the partnership, a nd W. B. Gurney, the father, lent a further sum of 2,0001. for the like purpose. Both these advances were secured by the promissory notes of the firm. Another faro, called Butchers, in the same county, was subsequently added to the business, which was carried on by the parties amicably until tho year 1846. At that period an interruption of friendly intercourse took place, and it was proposed to wind up the partnership concern. The debts of the firm at this time amounted to a little more than 17,0001, of which 8,000/., subsequently reduced to 5,0001., was due to Messrs. Hankey, the bankers. In March, 1847, a deed of dissolution was executed, whereby it was arranged to wind up the affairs under inspectors; and liberty was therein reserved to Nash to purchase the i n t eres t i n t h e t wo f arms a t a va luation. Accordingly, in the month of September following Nash gave no:ice of his intention to avail himself of such yight . of pre-emption, and the interest was asse s sed to him at 3,229/. To this valuation Nash objected on the score that the rents of the farms, which he alleged were noto riously too high, had not been taken into the account , and also that certain hop- poles, which were his own pri vete property, had been improperly included in the . aution. The inspectors then intialatral that they 111) 10 , unable to adjust the difforenec3, and declieccl pruccell l ;!i , any further in the metter. On the 18th of January i the ri , _ynt year, ',Villiara Gurney caused a ne_ . Lice of debt, in respect of his 2,000/., to be served upo n Noah under the Act of sth and 6th Viotonsi 00' °pit Btu app, este Turn the part Way row ruur caul ing the LI but deli Con ; Bide till of coy( brid YaLt Ban ton. app and Was ace( I di sc if h crei 11 v PO: RAI t _