The Sun. — London, England, 1834-11-14 00:00:00

FRENCH PAPERS. PARIS, Nov. l I,—lt seems certain that M. Villeman has tendered his resignation of the functions of Vice-Pre sident of the Department of Public Instruction. It is said that M. de Talleyrand will certainly retire from public life. The recent death of a person who was dear to him has deeply affected him, and seems to have produced his esolution. ✓ M. Aubrey Foucault, editor of the Gazette de France, was yesterday sentenced by the Court of Assizes of the Seine to two years' imprisonment and a fine of 6,000 francs, for two articles in the journal inculpated as offensive to the King, attacking his rights, &c. M. Foucault was not present. Nov. 12.—The Moniteur of this morning does not pub lish the programme which was pompously announced yes terday evening by the friends of the new Ministers ; so that a few fragments of it were collected. The following are some passages of the National on the reports of the evening. " The courtiers of the Tiers-Parti, circulated this even ing secretly a proof of the programme which is to appear to-morrow in the Moniteur. If we are well informed, the premises of this precious document are— " The amnesty with the amendment of M. Teste, with out prejudice to all those which the generosity and the pru dence of the Chambers may add, after the edifying reading of the report on . the great plot which M. Girod de l'Aiu has at length completed. Suspension of the commercial inquiry, to leave time to the partisans of prohibitions to meditate on the doctrines of M. Duchatel, and to M. Teste to prepare his own. This delay would be granted as an amnesty to the protected mo nopolies and branches of manufactures. " The sending of a secret agent to the Bosphorus, to exa mine a project for the partition of the East, destined to restore the balance of Europe. " The occupation of Smyrna, or of some other port of Asia Minor as may suit the Constitutionnel, which has taken on itself to continue the warlike projects of M. Thiers, to relieve the palace of the anger of certain members of the Camarilla. " The dismissal of Messrs. Martin du Nord, &c. " Guarantees will be given to the Exchange. It will be made perfectly easy respecting the reports of abdication, of the influence of the Prince Royal, of the retirement of Messrs. Lebau and Gisquet, which had been circulated by some persons who calculated on a fall of the funds or .of Royalty." The Quotidienne says, it was reported this evening in the diplomatic circles, that M. de Talley rand, on learning, by the telegraph, the appointment of M. de Bassano, as Presi dent of the Council, immediately sent to King Louis Philip his resignation of the post of Ambassador at London.—Mcs sager, Nov. 12. MAILS. Arrived. Due.' Arrived. ----__. Due Arrived. Due. 0 America 0 1 France 1 0 Lisbon 0 0 Brazil 0 0 Guern. &Jersey 0 0 Malta 0 Buenos Ayres... 0 0 Hamburg 0 0 Mexico 0 0 Carthagetta...... 0 0 Holland 0 0 Ostend 0 I Dublin 0 0 Jamaica 0 0 Sweden 0 I Flanders 0 0 Leeward Islands 0 1 Waterford 0 GERMAN PAPERS, BERLIN, Nov. 6.—lt is certain that M. Von Bulow does not return to his post as Ambassador at London, for he has hired a large residence here. His lady is the daughter of Baron William Von Humboldt, whose ill health gives at present much cause for uneasiness. As the Baron's successor in London, Count Von Redern is spoken of, who, already possessed of great wealth, will shortly become the richest private individual in the kingdom, by his ap proaching marriage with a lady of Hamburg, daughter of the late Senator Jeniscb, with a marriage portion of three millions of marks banco (about 250,000/. Sterling). Fires are increasing in so dreadful a manner that it is feared the insurance offices will not be able to meet their engagements, and people begin to think of extraordinary means ; besides there are many places in which there is no insurance office, so that the sufferers are plunged in the greatest misery.—Frankfort Papers, Nov. 10. ANTWERP, Nov. 12.—The Dutch journals have no po litical news at all interesting. The Arnheim Gazette, in an article headed—" What might be done," endeavours to prove that the foreign Powers no longer think about effecting a solution of the question of Holland and Belgium ; and infers from this, that the Dutch Government must endeavour to make a final arrangement with Belgium, in order to relieve Hol land from the expenses of its military establishment, and from that part of the debt which Belgium is to pay ; and especially, in order to procure reciprocally to the two coun tries the markets for their produce, of which they both.have so much need. In a journal always devoted to the Dutch Government, this language is rather remarkable.—Journal du Commerce d'Anvers, Nov. 13. HIGH V, ATER AT LONDON BRIDGE TOMORROW. Morning 19 minutes after 1. 1 Evening 45 minutes after 1 BRUSSELS PAPERS. BRUSSELS, Nov. 12.—M. Ch. de Brouckere arrived yesterday from Paris. _ The cholera having again appeared in some parts of Hainault, the Governor of the province has recommended to the Magistrates various sanatory precautions prescribed by preceding ordinances. SITTINGS OF THE CHAMBER, THE SENATE, NOV. 11. Immediately after the Royal Sitting, the senators assem bled in their hall, and proceeded to choose their President. There were 31 members present. Baron de Stassart was chosen President by a majority of 30. Having taken the chair, M. de Stassart said— " Gentlemen,--I wish I could find terms adequate to express my gratitude for the constant and indulgent kind ness which you have every year manifested towards me in so flattering a manner. I want words, but my emotion is too lively for you to doubt my sentiments." The Chamber then proceeded to nominate the Vice- President, Secretaries, &c. The Chamber then appointed the Committee of Peti tions, and a Committee to draw up an Address in answer to the King's Speech. CHAMBER OF REPRESENTATIVES, Nov. 11. M. Pirson, presiding as Senior Member, observed, that the first thing the Chamber had to do was to ballot for a Committee of seven Members, to examine the qualifications of the newly-elected Members, which was immediately done. Nov. 12.—The above Committee made its report, in consequence of which all the Members lately re-elected were admitted. M. Raikem was again chosen President by a majority of 47 votes. The Envoy of Portugal to our Court has just addressed the following important notification to the Minis ter for Foreign Affairs : " Her Most Faithful Majesty having learnt, with asto nishment and regret, that doubts had arisen respecting the clear and precise tenor of the Decree of the 18th of April this year, equalizing the import duties on all foreign mer chandize imported into Portugal, and that, deceived by false reports, the Belgian merchants had believed that her Ma jesty had revoked or modified the relations of the said Decree, by increasing the import duties,—she has, therefore, instructed the undersigned to notify to the Government of his Majesty, the King of the Belgians, that nothing is farther from the intentions of her Government than such an augmentation of the duties. " By the promulgation of the above decree, the Govern ment of the Queen inviting to its ports and markets all commercial nations has in a manner bound itself to them by its own promises. " To withdraw it in a manner so strange and so unex pected, would be a breach of the proverbial good faith, which has never yet failed, and which, even in moments of the greatest distress, has procured it the unlimited credit which it enjoys, and the unbounded confidence with which it is everywhere honoured. " The undersigned communicating to the Minister for Foreign Affairs this frank and sincere declaration of his Government, by order of the Queen, his august mistress, by him to communicate it to his Majesty the King of the Bel gians, that all errors in so important a subject may be re moved. " Accept, &c., " (Signed) DE ALMEIDA GARRETT." —Brussells Papers, Nov. 13. CURIOUS COINCIDENCES.—There is now living in the next house to Tookhole's Church, in this county ( Lan - - cashire), an old couple, named Brindle, who, in their married state, have had born to them twenty children, a moiety of whom were lads and the other half lasses. There have been in the family two births in one day, two christenings in one day, and two burials in one day. Mrs. Brindle, who is in apparent good health and vigour, now stumps about on a wooden leg, made from an apple tree, which she raised from two kernels of an apple that in 1816 she planted in a flower-pot, and which was subsequently removed into the garden. —Bolton Chronide. A NEW DRESS.—An ingenious individual of Lis keard, named Trethake, has for some time past been exhibiting himself to families in th at town and neighbourhood, in a dress composed from top to toe of rat's skins, which he has been col lecting for three years and a half. The dress was made en tirely by himself, and consists of hat, neckerchief, coat, waist coat, trowsers, tippet, gaiters, and shoes, all of the skins of an animal that has heretofore been considered, whether dead or alive, quite useless. The number of rats whose skins he has thus appropriated is 670. The tippet or boa (but not round like that worn by the ladies) is composed of the pieces of skin immediately around the tails, and is a very curious part of the dress, containing about 600 tails.—Falmouth Packet. BARBAROUS MODE OF PUNISHMENT.—In the various uses to which they (the inhabitants of Monte Video) apply the hides of bullocks, that of punishment is not left out. It is related of them that they sew up their prisoners in a wet bide, leaving out the head and neck only, and in this condi tion lay them on the ground in the sun to dry. In the pro aess of drying, which the hide soon does by the powerful effects of the sun, it becomes contracted, and produces the most excruciating torments on the unfortunate prisoner by the increase of peltiure ; but if night arrives before he dies from its effects, the hide relaxes again with the moisture from the air, only to prolong his suffering on the next day ' which generally is Lis last.—Webster's Voyage t o th e S out h Seas. NEW WORK BY CAPTAIN CHAMIER. Just ready, in 3 vols. post Svo., THE UNFORTUNATE MAN. By Captain FREDERIC CHAMIER, R.N., Author of " The Life of a Sailor." 4 4 By Heavens ! I'll hate him everlastingly, That bids me be of comfort any more." Richard Bentley, 8, slew Burlington-street. PRICES OF STOCKS THIS DAY AT ONE O'CLOCK. Liar: k Stock 3 per Cent. Red. 90% ~ ',3 4 ; India Stock — I per Cent. Cons 91 3 6 ~,% Ditto bond, pm. 3L:; per Cent. 99 1 4!4 South Sea Stock — Ditto INA. 995 ; % (lid Annuities New n , (,, per Cent. Assented 09V4 3 per Cent. Annuities, 1151... 5) 4 4 per COCt. [Dissented 7.-- Exch. Bills, XI" 42 43 pm. Rank Long Annuities to expire Ditto 500 42 43 pm Jan. 3, WO 17 1-16 17 Dittn Small 42 43 put. Vet In 1559 16% Ditto Commercial —pm Jan. Jan. 5 , 166 Jan. 5, 1661 — Bank Stock for Account — April 5, ISO — India Stock for Account — Jan. 5, IS7O — Consols for Account 91!,4 PRICES OF FOREIGN FUNDS THIS DAY AT ONE O'CLOCK. Peruvian Bonds Austrian Bends Ilegian Bonds J)itto Account' Brazilian Ronda Ditto Account Portuguese Bonds Ditto Account Ditto Ncw 80nd5...86X 7 1 ,6 7 Ditto Account ..... 7 le t Prussian Bonds Ditto Account Buenos Ayrei Bonds Ditto Account . Milian Bonds Ditto 80ni14,11 , 2' . Russia❑ Bonds, Ditto Account Columbian Bonds Ditto Account ...... .......... Ditto Account — Columbian Bends, 1921 2 Ditto Account 32t; Danish Bonds • Ditto Metallic Spanish Bonds 54 . 5 1.3 4 50Y 76% Ditto Account 561 i XN F% 7 Dittp Bonds, 1533 Ditto Account French, 5 per cent. —f. —c. 4 per cent —f -r . - 3 per cent. —f. —c. Exchange —f. --c. Dutch, 2l .. per cent. ... 52 1 ,; i % 2 4 , 4 Ditto Account 52;.; Ditto, 5 per cent 944 8 Ditto Account Ditto Accotmt Greek Bonds Ditto Bonds, 1:+25 atto Account Mex:can Bonds 5 per cent Di:to Account Ditto, 6 per cen' Litt, Account Neapolitan PRICES OF SHARES THIS DAY AT ONE O'CLOCK. Paid. Per Share, Brazilian Imperial Mining Co. (issued at 51. prn.) 2' N. Cata Bran. a Mining Company ;, -57 i ite,,l del Monte Mining Co., Registered 91 /. ICs, lid. ..,i Ditto Unregistered Union Gold 1 Canada Company lg Essex Marine Salt Company Van Dieman's Land Agricultural Company l5 PRICES OF IRISH STOCKS, DUBLIN, NOV 11. 3 per Cent. Ccnsols Ditto Reduced S9 Ditto, 4 per cent 6314 :”..,, per Cent. Stock 9S% Hibernian Bank Ditto New, 1830 :IV, per Cent. Debentures 9l N National Insurance Company t2tii Bank Stock 29.6N City Debentures, 4 per cent... Si) Royal_ Canal Stock _ _ -.. Grand Canal Stock pu cent. ' 93 THEATRE ROYAL, COVENT-GARDEN. Extraordinary Attraction, and continued Nightly Overflows.—Not_ withstanding the great success of Lord Byron's Drama, and the ex pense attendant on its performance in conjunction with the Grand Opera, an opportunity is this Evening rfforded the Public of seeing MANFRED AND GUSTAVUS TOGETHER. • THIS EVENING will be presented the Grand Dramatic Poem of MANFRED. Count Manfred, Mr. Denvil ; Chamois Hunter, Mr. Cooper; Abbot of St. Maurice, Mr. Warde; Manuel and Herman (Dependants on Count Manfred), Mr. Younge and Mr. Duruset ; Arimanes, Mr. Howell. Skiff_ rite and Destinies tributary to his will—Vesper (Spirit of the Air), Miss Poole; Orcus (Spirit of the Mountains), Mr. W. H. Payne; Thammoz (Spirit of the Waters), Miss Kenneth; Baalim (Spirit of the Storm), Mr. F. Cooke; Nox (Spirit of the Shadow of Night), Mr. Wieland; Omorasdes (Spirit of the Elements), Mr. G. Bennett; Astaroth (Spirit of the Earth), Mr. F. Sutton ; Nemesis (Goddess of Vengeance), Mrs. Vining ; Clotho, Lachesis, and Atropos (the three Destinies), Miss Lee, Miss Murray, and Mrs. Chester ; the Phantom of Astarte, Miss Clifton ; the Witch of the Alps, Miss E. Tree. After which, the Historical Opera of • GUSTAVUS THE THIRD ; OR, THE MASKED BALL , . Gustavus the Third, Mr. Warde ; Colonel Lillieuhorn, ton ; Captain Ankarstrom, Mr. Seguin ; Oscar, Miss Shirreff; Chris tian Engleheart, Mr. Bedford. Madame Ankarstrom, Miss Betts ; Arvedson, Mrs. Fitzwilliam. THEATRE ROYAL, DRURY-LANE. TO-MORROW will be presented (first time) a New Grand Operatic Drama, in Three Acts, entitled THE RED MASK ; OR, THE COUNCIL OF THREE. The Doge of Venice, Mr. Younge ; Gradenigo (Member of the Coun cil of the Doge, and one of the State Inquisitors), Mr. Seguin; Mot o soni and Barbarino (Members of the Council of Ten, and composing with Gradenigo, the Inquisition of State, or Council of Three), Mr. Diddear and Mr. Mathews ; Don Camillo de Montforte, Duke of St. Agata (a Neapolitan Noble), Mr. Templeton ; Anselmo (a Carmelite), Mr. Giubilei ; Gino (the Gondolier of Don Camillo), Mr. Yarnold ; Bar_ tolomeo (a Public Gondolier), Mr. Bedford ; Antonio (a Fisherman), Mr Warde ; Jacopo (the Bravo), Mr. Cooper. Violetta de Tropolo (a Noble Orphan, and a Ward of the Republic), Miss Shirreff; Florinda (her Attendant, and Spy in the service of the State), Mrs. Chester; Gelsomina, Miss E. Tree. With other Entertainments. %G 7 f e , ' 7; ""4,..,, 44 1 4. , tr i b t LONDON, FRIDAY EVENING, NOVEMBER 14, 1834. The Moniteur has at last broken silence, and con firmed the announcement which appeared first in order in our paper of yesterday, of the re-appointment of the French Cabinet. The Parisian journals received this morning are grave, witty, ironical, displeased, re joiced, and angry on the subject,--according to the poli tical opinions and systems advocated by their editors. Among them all there runs one general expression of surprise at the order of the new appointments ; and the prevailing opinion is, that the new Cabinet will not hold together a month. Never was there an attempt at such an amalgamation of heterogeneous principles. The mingling of oil and water would be effected with half the labour which would be necessary to keep such a body in unison. There is but one thing in which there is said to be a community of feeling among them. They are all tractable ; and such is the royal confidence in their docility, that Louis PIIILIPPE in tends leashing the whole nine to his belt, and slipping them—not in couples, or to run singly—but the entire pack at a time, with the old Secretary of NAPOLEON at their head, as the Ringwood of the hunt. The National speaks of the new Ministry as a sort of " nine days' wonder," and says that bets have been taken on 'Change, that this Cabinet will fall to pieces in less than a month. This, we think, will mainly depend on its obedience to the supreme will. Louis PHI LIPPE more and more manifests his determina tion to be his own Cabinet. The appointment of a Ministry is with him the compliance with a mere form of Government, of which he would willingly rid him self, were he confident that he might do so with im punity. His Majesty is still the Schoolmaster, and regards France as a great school, where he is annoyed and perplexed by positive old fathers and foolishly fond mothers, with whose whims he must sometimes comply with apparent pleasure, while, internally, he is ready to burst with the bitterness of splenetic vexation. The people must be humoured with their playthings. A Cabinet is constitutional and according to the Charter, and so he appoints a Cabinet ; but only such as shall either do nothing, or do whatever be is pleased to command. HUGUES BERNARD MORET, the Duke of BAs- SANO, is a name celebrated in the history of the first Revolution. He was first a Jacobin, but quitted the Society in 1791, and subsequently be came one of the founders of the I'euillans. He was afterwards a Commissioner under the Re public, and on the advancement of NAPOLEON to the supreme power, was appointed by the EMPEROR Secretary of State. He never quitted the service of the EMPEROR, over whose great mind he possessed much influence. It is reported that the repudiation of JOSEPHINE was mainly his act, and that the EM PEROR'S adoption of his advice was generally fol lowed by some disastrous result. Still this led to no alienation of attachment on the one side, nor con fidence on the other. After the second restora tion he was ,banished, but was subsequently per mitted to return to France, where he has since lived in great privacy. He entered into some THE SUN, LONDON, FRI speculations which proved disastrous, and is at pre sent almost in a state of penury. Throughout his whole life his private conduct was irreproachable, and his abilities, whatever they were, always employed in obeying implicitly the mandates of NAPOLEON. Such is the man whom LOUIS PHILIPPE has chosen Pre sident of the Council of France, and certainly the choice shows much sagacity. BASsANo is seventy one years of age, and consequently there is no reason to suppose that his habits are likely to change. It is reported of him that his principles are liberal, but who cares for the principles of a drill-sergeant ?—of the ex secretary of a despot, knowing no virtue but entire and passive obedience to the will of the Sovereign ? The character of the other Ministers is better known. M. BRESSON is a hack as regularly trained as any attorney's clerk in the purlieus adjoining the , Temple, or the Inns of Court. General BERNARD is an engineer, and we believe the first who suggested to LOUIS PHILIPPE the construction of the new forts round Paris, of which he subsequently was ap pointed to superintend the erection. M. TESTE, the Minister of Commerce, is a lawyer, was a Bona partist, and so far qualified for his present office as to know nothing about it—if the reports about him be correct—which, after all, may be so much the better, as he cannot work with any old crochets. "What is to become of the " Commercial Council's" proceedings, under such a Minister, must remain for some time ase cret. The M'essager, from which extracts are given, states that the proceedings of the Council are to be suspended to allow the successor of M. Duc HA TEL sufficient time, to prepare and adopt the measures which he may think proper to propose to the various commercial Chambers. We took notice of the pretensions of M. C. DuPIN yesterday, and M. PERSIL is sufficiently notorious by his prosecutions of the press. But, by the way, how does this very consistent Gentleman propose voting on the Amnesty question, which must shortly again be argued across the Council board ? Will he give the lie to his former attestation, with the hungry eyes of his late colleagues fixed on him ? This will be the very perfection of ratting. Something else may turn up before to-morrow, which may upset " the nine days' wonder." The Dutch Papers by the Batavier steam vessel, which arrived this morning, are not of so late a date as those by the mail, which arrived yesterday, and contain nothing worth extracting. We publish in another column the manifesto of General MINA to the inhabitants of Navarre on his taking command of the Royal army on the 4th instant. He seems resolved to act vigorously, and we trust will be more successful than his prede cessors in command of the troops. The effect of the Manifesto will be soon known ; the Carlists have not evinced any symptoms of discouragement, and on the evening of the 6th made an attack on the for tress of Elisondo. We have not learned the result. We have adverted to some recent Legislative pro visions, touching our money system, which for the reasons, and in the way we have stated, will probably tend to bring about sounder modes of thinking and acting upon this subject than have hitherto prevailed. We have also pointed.out some errors of the Bank Directors so palpable, that even they can hardly fail to become sensible of their mistakes, and thenceforth avoid them. We shall now apply ourselves to some legislative provisions of an opposite tendency, but which, in their operation and results, may also conduce to work out beneficial consequences. We mean the provision that bank-notes shall be a legal tender for sums above 51., that the Bank shall not be obliged to give gold at any of its branches in exchange for any notes issued by it in London, nor shall any branch be obliged to give gold in exchange for any notes, but those issued by itself. In enacting that bank -notes shall be a legal tender, the Legislature must have conceived that bank-notes would always be of the same exchangeable value with gold. But had not bank-notes been notoriouslydepreciated in time past? Then how, in the name of common sense, could the conception be entertained that they would not be depreciated in time to come ? Are they of the same exchangeable value with gold, when foreign ex changes are adverse ? Can they be of the same ex changeable value with gold, when, upon all the pur chases of gold made by the Governor, he depreciates Bank-notes upwards of 6/. per cent. ? If these ques tions cannot be answered in the affirmative, the Legis lature has enacted positive injustice. It has also offended against the first principle of currency. A piece of gold in coin i s o f no more exchangeable value than a piece of gold in bullion of the same weight and fine ness, but in coin, gold is much more convenient for the purposes of currency. So the same exchangeable value must be given for a Bank-note that is required for the amount which it represents in gold, but the Bank note is preferred, because more convenient for the pur poses of currency ; and so long as Bank-notes are of the same exchangeable value with gold, no one does, or ever would, demand gold for them, except for the purpose of making small payments, for which purpose gold must always hie had. If, therefore, Bank notes be, as they ought always to be, of the same ex changeable value with gold, the enactment is useless. If they be, as they very often are, of less exchangeable value than gold, the enactment is downright injustice. It has the further vice of consulting the interest and convenience of the Bank, which issues notes for profit, at the expense of those who receive then-i without profit, and with loss, if their exchangeable value be less than that of gold. This vice is also inherent in the provision that Bank notes shall not be convertible into gold at any bank branch, and that each branch only shall be liable to pay in gold the notes issued by it. By the very obstacle and delay interposed by this pro vision to such convertibility, the exchangeable value of Bank notes is lowered. The notes issued by the Bank at any of its branches should be its notes transmitted from London to• each branch. The very difference created between notes issued at the branches, and notes issued at the head establishment, serves to depreciate both. These things must bring the Bank into collision with the country banks. If report speaks truth, it has already brought the Bank into collision with Joint Stock Banking Companies. Some inconvenience may thus be suffered, but good will spring from the collision. With much mistaken prepossession in favour of the Bank, it will remove many unfounded prejudices which prevail against Country Banks. It has been supposed that their issues cannot be safe, unless secu rity be given for them ; but how can any fixed security be given without diminishing their means of carrying on their business ? And how can any security be given for issues, without. climinishing the security as it DAY, NOVEMBER 14, 1834. now exists for deposits, which are perhaps ten times the amount of issues ? In the case of Joint-stock Banking Companies, can any security be so good as the liability of from 100 to 1,000 persons, who, by becoming shareholders, make themselves and their fortunes universally answer able for the engagements of the concern ? With one or two exceptions, arising from the union of private Banks previously existing, none of the Joint-stock Companies that have been established since 1826 consist of less than 100, and some of them com prise upwards of 1,000 shareholders, who are all known, or may be known, for their names are re turned once a year to the Stamp Office. If private Banks do not afford the same security, it is not for the Bank of England, or the Legislature, to raise the objection, for they were the cause of it.. Prior to 1826, no Banking Company could consist of more than six persons. Banking in the country of England thus was not and could not be instituted as a substantive trade : but as one aiding and assisting to some other branch of industry, in which the parties were engaged to which the business of Banking was made subsidiary. Many Banking Companies, however, improved after their in stitution in this respect, and since the institution of. Joint Stock Banking Companies they must have still further improved, and must continue to improve, other wise they will be superseded by Joint Stock Companies. The country circulation is thus getting sound, and in process of time will impart a portion of its soundness to the Metropolitan circulation. The struggle between the Bank and Joint Stock Banking Companies will evince the strength and stability of the latter, in the course of which they will rise, and the Bank will fall, in public estimation. Attention will be directed to the manner In which the country circulation undergoes so little variation, while the metropolitan varies so much. It will, then, appear that the country banks put forth, and can put forth, their notes, only as instruments of exchange, whereas the Bank puts forth its notes chiefly as capital. The operation of its exclusive privilege, when it extended all over England, compelled manu facturers in Lancashire, and other parts of Eng land, to contrive a circulation for themselves by means of bills of exchange. If the Bank shall continue to abuse its exclusive privilege in London, to which and sixty-five miles beyond it, the exercise of it is now confined, mercantile men in the metropolis will, in like manner, contrive a circulation for them selves, which may supersede Bank notes. The Bank, however, can hardly fail to see the mistake it has committed in making use of its notes as capital, in place of confining them to their proper use as instru ments of exchange. More gold will thus come into circulation, and less of it will remain in the coffers of the Bank, where it is as useless for the purposes of currency or commerce as if it remained in the bowels of the earth. But the metropolitan currency never can be completely sound until the exclusive privilege of the Bank shall be repealed, as we shall by and by show. THE FUNDS.--(THIS DAY.) CITY, TWELVE O'CLOCK. We learn from Madrid that the Ministers have become alarmed by the unfavourable information they received from the north of Spain, and that the Government Council had an extraordinary sitting on the 3d instant, to discuss on the best means of advising the Queen in the present alarming crisis. It is certain that an armed intervention was proposed as the only sure remedy for averting the pending dangerof the State ; and the Ministers were on the following day to proceed in a body to the Government Council, to lay before them the state of affairs, and to ad vise with them what measures were to be taken. It appears that another Carlist conspiracy has been dis covered at Cuenza, and 50 persons have been arrested. We are informed, by accounts received from Madrid this morning, that Arguelles will not oppose the Spanish Mi nistry, but the moment the financial affairs are terminated, it is arranged that he is to become one of the Ministers. THE FUNDS, We have no arrivals this morning of the least importance. Not a single ship letter has arrived. The Express from Paris is of little interest. The Journals chiefly contain ob servations on the new Ministers, nhich are principally o► the Napoleon school, to satisfy the lower order of the French nation. It was reported at Bayonne that four Carlist battalions had been routed by the Queen's troops, with the loss of 254 killed, 400 wounded, and 300 prisoners. This re- quires confirmation. Consols opened at the price they left ort, 91 1 a for Account: This is settling day in the Foreign market, and the Ac• count is going off well. Spanish Stock is not so good as yesterday, when it left off 57 to ;at present it is 561 1 ; Portuguese 861 871 HALF-PAST . ONE. Two expresses have arrived this morning from Madrid, by which some private letters have been received to the 7th inst., which state that the following proposals have been made to the Chamber of the Procuradores :—" That all the foreign debt is to be acknowledged, two-thirds to be active, and one-third passive, with an exception of the Cortes Bonds, the one-third passive to be made active, commencing in 1835, in ten years. The above proposals were discussing when the express left Madrid. The Madrid Gazette contains the persons who are to bid for the Loan ; the rate of exchange it is to be taken at ; also in bars of gold or silver. In consequence of the two expresses from Madrid, with reports of a favourable nature to the Cortes Bondholders, Spanish improved from 568 8 to 57, but az nothing deci sive had taken place, the Spanish Stock continues at 56i to 57. Portuguese 86i to 87. Consols have been the whole of the wonting at 91i for the Account, with little doing. The settling of the Foxeign Accounts is still going off well. THREZ 0' CL 0 CK. Consols for th• Account 91i Our Lincolnshire friends will observe an advertise ment of a new paper for the county, which will be conducted upon the best and soundest principles. AN IRISH CHARACTER:—A Mrs. Davey, giving evidence to character in the case of a woman charged with theft, said she was " a decent, honest, drunken creature."— Freeman's Journal. LIVERPOOL COTTON-MARKET, WEDNESDAY, Nov. 12.—We continue to have an exceedingly steady mar ket for cotton, with a prospect of further improvement in prices. The sales to-day are about 3,000 bags, chiefly American de scriptions, with 100 Surats, at 7d. to 70.; and a few bales of Maranhams at 7d. to 71d. per lb. Some labourers, while lately digging up the roots of some trees that had been felled in the forest of Marigny, near Beaugency, in the Loir-et- Cher, dis covere d severa l s t one pots, containing a considerable quantity of coins, both gold and silver, of the several Kings of Frauve, from Louis XI. to Louis XVIII. inclusive.— Galignani. An eel of the enormous weight of 501bs. was lately caught in the Scheldt. The Continental journals are so 'rich in " Great Fires,", that the critical think a " pretty considerable number" of our " accident makers" must have turned tourists. LADY HESTER STANITOPE.—The latest accounts of this eccentric Lady, half sister to Earl Stanhope and niece to the Earl of Chatham, represent her as spoken of in terms of admiration. She has a repugnance to European habits and manners, but is delighted at affording the rites of hospitality to Europeans who visit her, it being understood that from the moment of their arrival they are to consider themselves as at home, where all the servants are at their command without the necessity of their communicating with the hostess. All her Ladyship's servants are oriental, and the entire establish ment is eastern, with an intermixture of European comfort. She is very popular with the peasantry, and has great in fluence with all the Chiefs. Her Ladyship has for the last year spent much of her time in prepariiz - the reminiscences of her life. FINE ARTS. INTERIOR OF A HIGHLAND COTTAGE. Hodgson, Boys, end Graves. We have of late seen no engraving—with the ex ception, perhaps, of some of Martin's mezzotints— that would become a frame better than this. There is a breadth, and force, and massiveness about it, far superior to the ordinary run of such works, and which a plain gilt frame would set off to considerable advan tage. The subject is the interior of a Highland pea sant's cottage ; though from its rude, primeval sim plicity of shape and make, it rather resembles an Indian wig-wam, than any cottage, however lowly, to be met with among the Scottish glens and mountains. In the centre sits the cottager, indulging in the phi losophic luxury of a pipe and tobacco, with his plaid wrapped round him, and his rugged, caustic, massive features, ploughed and roughened with the winds of at least sixty winters. His countenance is an ex pressive, but, we should think, not a Highland, one. The profile, in particular, is rather that of an Italian brigand, such as one might expect to meet with among the recesses of the Appenines, than of an humble Scottish mountaineer. Close beside the old man sits his grandson, gazing with an eager eye, symptomatic of an appetite, at the kail-pot, which, suspended from a chain attached to the roof, is smoking and simmering over a blazing turf fire, made up on the naked stone floor. The one solitary plate, leaning against the dresser—or what we suppose is intended as such—shows that the tenants of the cot tage are poor ; and the lean, wiry look of the dogs, that they have not an ounce of superfluous victuals to throw away. Still there is nothing squalid in their poverty—like that which shocks the traveller's sight in the Irish mud cabins—there is an air of snugness and comfort in the cottage, and of neatness in the attire of its inhabitants; that it is quite pleasing to look upon. The dogs are the best parts of the engraving. The keen, sagacious aspect of the rough little High land terrier, is true to life ; and the colley or sheep-dog is worthy of the pencil of Landseer. BLIGHTED HOPE. This is an engraving which should hang in a lady's boudoir, and be looked at by moonlight,- when a soft western breeze just sighs and moans through the strings of an Malian harp placed in the half open window, and the heart, mellowed by the gentle influ ence of the hour, is sensible only of the tenderer emo tions. " Blighted Hope I " What a world of melan choly, and bitter, endless, but unavailing suffering, is lomprised in these two words I They embrace, in their comprehensive range of meaning, all the varieties of agony that can most afflict the heart of woman. Man has many objects of pursuit to distract attention, and divert gloom ; woman, but one—to love and to be loved. If her hopes are here blighted, she may in deed still continue to, wear on a dull, monotonous exist ence, but her thoughts never again put forth leaf or blossom. Her world is disenchanted ; a dark cloud perpetually broods over the fu ture ; and she either sinks into a premature grave, or, if she have sufficient energy of mind and body to bear up against her disappointment, her feel ings insensibly become soured; and her countenance— once so serene and beautiful—taking its expression from the gloomy hue of her thoughts, she settles down by little and little into a confirmed, crabbed old maid, and ends by a desperate plunge into Methodism and Scotch snuff. The engraving which is now lying before us, would appear to represent the beginning of a history like this. It is that of a young girl, whose sweet, pale face, though it can scarcely yet have seen its twentieth summer, is nevertheless clouded with the settled an guish arising from blighted hope. Her lover has left her ; perhaps he has split on the nice question of settlements ; perhaps he has married another ; per , haps, being afflicted with polygamous propensities, he has been taken up for bigamy, and has just penned his farewell letter previous to a seven years' transportation ; but be the cause what it may, one thing is certain—lie has left her, and she is miserable. We trust, how ever, that she will not break her heart—hearts, by the bye, whether in man or woman, are tough things, and not so easily broken in real life as they, are in ro mances, at the end of the third volume—but console herself for the loss of a first, by patronising a second lover. All sensible. young ladies should act in this manner,—that is to say, they should make a point of having two strings to their bow, so that if one snap, the other may supply its place. The original of this engraving, which is highly finished in all its subordi nate details, is a painting by Paris, to whom, it may be remembered, we are also indebted, for that graceful picture, the " Bridesmaid." The present is its worthy successor, and should be framed and hung up close be side it, if only for the sweet and gentle, but melancholy expression that is stamped ineffaceably on the counte nance of the young victim of " Blighted Hope." LITERATURE. A GUIDE TO MARINE INSURANCES. Containing the Policies of the Principal Commercial Towns in the World; also, Remarks on the Mutual Relation be tween Insured and Insurers : and Comparative Tables, exhibiting at a glance, the principal conditions of the several Policies, and the Risks warranted by them. By J. Vaucher, Esq. Bailey and Co., Cordial, London. 1834. The great importance of a work of this kind can only be properly estimated by those, who understand how intimately the subject of maritime insurance is connected and interwoven with the commercial pros perity of Great Britain ; and even by the majority of them the extent of the obligation, which mercantile men owe the author of the volume before us, will be but imperfectly comprehended. The reason of this is easily discovered, though not very obvious at a first glance. The number of those who understood the principle of insurances was always very great, but the sum of the knowledge possessed by persons, with leisure and inclination to communicate, it to others, seldom extended to an acquaintance with those minute details, without which works on commerce are fre quently productive of more evil than good. Hence it followed that the subject engaged no part of the attention of the learned world—was not elucidated with clearness or any degree of perspicuity—and, al though the fortune of thousands frequently depended upon it, men had no other remedy than to rely upon the word of an underwriter, in the same way as upon the judgment of a surgeon or physician, even in cases where it was his interest to deceive them. Another cause which tended to mystify this matter will be found in the rules observed by commercial men, who in all disputes between the insurers and the insured were re ferred to .as umpires, and generally considered them selves bound to settle the matter without permitting the parties to appear before legal tribunals. This very excellent practice, which, we believe, is common to them only, of course deprived practitioners at the bar of all opportunities of studying the juris prudence of this department, and the conse quence even now is, that on no subjects are lawyers so imperfectly read, as in what apper tains to . the Policies of IVlarine Insurances. The only work we know which is regarded as judicial is " Marshall's Treatise on the Law of a uthority, Marine Insurance," which to the merchant is of little value, inasmuch as it supplies no important 'informa tion with respect to foreign policies. All however that was most defective in previous publications is per- fected in this volume. Copies of the printed 1)0 COa, of the Insurance Companies in all the p rinci p al mercial marts in the world are ranged in alphabetical order, with a number of jud ar, , , ous observations appended to each. The preli ° , and concluding remarks, are particularly valulji and we recommend them to public attention. Sti aut hor o re, do not see how the evils pointed out by the be remedied. If insurers will run every risk at given, carefully.;i, toy mium totally inadequate to prevent their own , be i r unless they have previously resolved to violate I 40 engagements with the insured, what can to save themselves ? We entirely ag ree wit h oh , author in several of his very intelligent and aen te tere j servations on the recklessness of the contracts en the into by the majority of underwriters, particulstio insuring of vessels without an advance of pr e he , against the perils of a sudden declaration of ic 3r ' • poth er tween the great maritime Powers. Barratry of a t no t of the contingencies for which underwriters on:Pcsset merchants the to make themselves held responsible e xcept it1 „ 0 0 where the cargoes are freighted in their oval b °- than ite t he and where . they act rather as the carriers insurers of mercantile stock. For what ei n : the more subject to risk than insurances ailnsoto injuries which a vessel or cargo may su stain ' r e el the carelessness of the captain and crew, whi).„el, often take but little interest in the safety of the 1701 beyond what may be necessary for their security. Yet hardly is there a hazard for s ot Maritime Companies, in their printed policies, et o offer to become responsible. As an example, tsl‘ollo, following extracts from the printed policies .of Hamburgh, and. Bordeaux : " LONDON. " Touching the adventures and perils which wee"; curers are contented to bear, and do take upo n us l irs tel voyage ; they are of the seas, men of war, fire,enemies,ll,t,stlfi" rovers, thieves, jettizons, letters of mart and counter n;„0"ts, prisals, takings at sea, arrests, restraints, and detatop, yl all kings, princes, and people, of what iation, enn ui JP' quality soever ; barratry of the master and mariners,,lii,o, other perils, losses, arid misfortunes that have,or silv n - a tile r " the hurt, detriment, or damage of the said good s chandizes, and ship, &c., or any part thereof." " HAMBURG. t et, " We take upon our own adventure a gainst -- -- rfasts'i, premium, bank money, which we receive from t he ri d g ec r the risks and dangers of these goods, all damages W be t ;t dents they may in part or in whole, happen to the so ece r Y from cases foreseen or unforeseen, or in what ma nne e t he may be : thus, we are responsible for all dangers tempest and storm, shipwreck, stranding, accidenta.ceVi:, jettizons, fire, captures and injuries from kings , P r d i r epr isl t o other powers, seizure, surrendering, confiscation ell, og er s „ plundering by corsairs or pirates, and all other Ua t he Co which the said merchandize might be exposed clurili bgr bo sent voyage, from foreign force, or whether th e J a nd 0 through error, carelessness, or barratry of Illa ster o arg eb i f , crew, or in any other manner soever. We do plac e „, to a' entirely in the place and room of the Insured, in °l'd' rant them from similar losses." „ BORDEAUX. " All losses or dams es which shall befall the i ri-li p t ri" ) ticks, through hostilities, reprisals, capture bY ri i)ti l f r e l: tempest, shipwreck, stranding, accidental collision, c : ° , - 0 . 5, ; stoppage and change of route, voyage or vessel, jet t l: I ' , ti t re ; plundering, and all other dangers of the seas in ge ne ; " g the Insurers' risks ; they guarantee also all losses Br` s i i ii ,rs," o injury of Barbary powers, pirates, and other fre2llo°Tberso Powers not recognized by the nations of Europe. ;„ )1 11° . g responsible for the collusion and faults of CaP t3 ii .' e under the term of barratry of master. The in sLir- e se t :l l made, lost or not mutually sur bonnes ou rnauvaises 11 :0131 ) ' ° Insurer and Insured renounce the legal resulting from the league and a half the hour." t he e ' t ; These extracts are quite enough to sli evi T tent of the risk incurred by - Marine e %cer Companies. There are, however, nunleO us to 01 ' 6 tons, of which it behoves the me rchal it . lte rl o°l particular notice, and which are carefully e y e °l ' in the work before us. The rate of io su 'boto" ; various kinds of goods outward and homev is cve 6 o° : to and from the various ports, is likewis e 0 0' In conclusion, no mercantile man ought tol )e v oe this work, which must prove of the greatest ite , the merchant, the shipowner, and the under° COURT OF CHANCERY.-(THIS 01.1 OF COURT. On his LORDSHIP taking his seat this morning, e of the i. Sir EDWARD SUGDEN stated, that in consequeteltes,': order which had been put up in the Court and tevolotle:r; trar's Office, which required ithat in a ppeals e r t , e standing for judgment, the parties should furnish t .„ ‘ P with . a complete set of papers for its use, ha ri do le c t stoned much misunderstanding' among th e su bi bst he considered it his duty to mention t he n d t t oe to the Court. Many solicitors had suPP — t e be they were bound to furnish all the proceedings ' 9 11 - for the use of the Court, and in one instanee,picl come under his cognizance no less than 4 0 °`', 1 , - 0 9) °) t'o charged for such papers. His (Sir Edward court object in mentioning the circumstance to the Cou r ao , er d e r, give his Lordship an opportunity of correctin`f on i , neous impressions which the profession might IaJS 0 ,55 , 11 e The LORD CHANCELLOR observed, that his w , i ,", e d be furnished with those papers which had been d cause. His object was to save the parties, a- o isir trouble, expense, and delay, and to guard aga ti6t or ° r , pd he would revise the order. His Lordship was occupied the whole of the t f in hearing the further arguments in the aPP nal ° Broom. VICE-CHANCERY COURT,—(THIS beg CORFIELD V.. MOORE. w ith Ces; HIS HONOUR was enged this morning ; , the arguments of counsel fora new trial in this ca.,se stte, ral gentlemen from the Common Law Bar w e hole I°Y ante, and the case seems likely to occupy thew 11- "- T INSOLVENT DEBTOR'S COURT ( 1 g Daniel Sclomons, formed a general deale r at 13Tcre:lir was opposed by Mr. Woodrof y fe on the part of sevo l It appeared that the insolvent was arrested by reig i" be 4 der, the horse dealer, for a loan of twenty 50v..,, e crli t he borrowed from him in a public-house. A l " 4- 7t r e' lcc e. solvent had used the house many years, he co uld4 e ins ° the sign or the street in which it was situated. owed 691. in London, but 500/. in Birmingham. , 11,1 V Mr. WOODROFFE addressed the Court at - gr ea o 'litis e i ce ' deavouring to prove that the insolvent had been c rested by Alexander. ric hale ft eo Mr. COOKS supported the application for the T w ice,' O i l insolvent, and contended that the arrest was not en 97P . , t e0 the fact that the insolvent owed his brother-blitlhel, could have obtained a friendly arrest through hh e I for t ile d one. Besides that he had given a promissory Tle te . The COURT ruled that the debt must be P r o ` e note produced in support of it. The insolvent was remanded until Monday., ........ Tell was represented perform the whiejnrillklitr.inETit VICTORIA THEATRE• ferlo some sta characters this actor is not inferior to arl 1 0 41. A ir r ge. His representation of King John, partial: etity hert i dyingseene, merits the greatest praise, and his deinlad be switthhcagrtreeatla!olc o t :4 0 0 .1 et Othello and lago show great deserimination, fee in 0 + taste. Though not equal to these, the manner in ; 4 Ce 11 ,,, e ,1 1 ' pourtrayed the great liberator of Switzerland 011 ; s " c at s `•s le and deservedly applauded. The evening's e ntertan‘fr• d ill' eluded with Law and Lions, by Jerrold, in dicnioill dill' reptsented that amusing character Jemmy 10 6171- Ate 6 All t '; alai vout..noi great effect. This actor who was so long Surrey, has lost none of his humour or poputy'; oky portation to the Victoria. His natural style of °CtiP e , ' l l 119 i ,10 up with that drollery indispensable in such charar"txtsl,ol undertakes, has acquired for him a well merited redrret Some of the other actors performed well, but we rev we cannot apply the remark to them all• 1 ,1 0'l -- -------; „ c c- I 4 + AMERICAN CIGAR SMOKERS. --it IS '"" k' 50 0 J O that in the United States there were 400,00 0 60, , A, who puff away annually the sum of 900,000 doll s ' - io ' s l ° 600,000 chewers of tobacco, and 500,000 snuff 01°1.9'60c' nearly one-eighth of the population, whose propel° the sum of seven millions of dollars• V I ; Th e '''' MURDER OF CAPTAIN MAGUIRE.---- pheow+ Lieutenant has offered a reward of 2001. for the se r lio t ), l ea t t of the murderers of C4t. Maguire, and it is expec t ,, for gentlemen of the county will subscribe a large o o i same purpose.—Cork Herald, fr" 4 APPALLING MURDER. A gentler/10;e offiti Carlow, communicates the following partiCulars of 0 1, ele d o , most wanton murders that ever disgraced the ° ln • avto' t • fair (If a Ireland :—On F 'd• ri ay evening an honest and irl ,- „ o f v_ A tr i named Walter Sly, returned from attending til f .,. 51 " csil'AbrE to his own house, which was situated at a Plant, inn Ridge of Leighlin, in the barony of Idrone 01°)vit scarcely entered the door of his cabin when a shot fT e i l ig 0 instantaneously laid him a corpse. An inquest shoves ~ trY ° on the body, while the police are scouring the co ne directions ter the assassin.—Dublin Evening 0" 41: th, oll ° 1 1l e o ° 1 , D14 11 8 : 4 ed I list 44 ll uPc a 1e to t .t/