The Sun. — London, England, 1834-05-07 00:00:00

LONDON, WEDNESDAY EVENING, MAY 7, 1834. The debate on the Irish Tithe Bill last night will be read with the highest interest. Indeed we consider it one of the most important that has taken place during the session. It brings to light two points which the parties have hitherto anxiously concealed—the real cause of the opposition to the bill, and the mode of appropriating the surplus that remains after providing for the Protestant churches. Mr. O'CONNELL, by his proposition, candidly ad mitted that he did not object to the principle of the bill, but to the amount of tithe to be levied on the landlords, and was willing to compromise all differences if the government would let them off by paying two-fifths. Why not have made the proposition at first, and then the house would have known how to deal with it ? He contended that the proposed valuation is too high. This can easily be as certained ; and if such is the fact, the British Parliament will never enforce it. The great objects of the government are to secure the amount of tithe, to prevent it from going into the pockets of the landlord, and to set it apart for ulterior purposes. But the great point is how the fund is to be appro priated ; and from what fell from Lord JOHN RUSSELL and Mr. O'CONNELL, hardly a doubt remains but some provision will be made for the clergy of the Catholic church. We have long contended for this as a matter of justice as well as policy, and it is gratifying to find that the two parties are now likely to concur in such a plaii—a plan which we reckon essential to the peace of Ireland. Indeed the necessity for the measure is so apparent that its completion may be reckoned certain. Press of matter prevents us from writing more on the subject now, but it is one to which we shall often have to recur. From the feeling evinced on both sides of the house last night we look forward with confi dence to the pacification of that unhappy country. We partake of the incredulity avowed by the Times respecting the harsh treatment of Sir JOHN CAMPBELL, so hastily attributed to Don PEDRO, and so bitterly lamented by Lords LONDONDERRY and BERESFORD. Accord ing to every principle of law, Sir JOHN CAMPBELL is a prisoner of war. The very term implies constraint and detention, and whatever is bona fide necessary to prevent his escape, is consequently lawful. Beyond that point restraint or coercion would unquestionably be cruel and unjust. A prisoner of war is not punished for an offence (though the Duke of WELLINGTON'S strange notion of sending this case before the Juiz Dumturgador under the treaty implies that his Grace makes such a jumble of things entirely distinct) ; but he is simply detained on the principle of self-de fence and self-preservation. Now, up to the late removal of Sir John CAMPBELL to Belem, his confinement has been strictly of that character, p rzcautionary and not vindictive. Indeed, we have been assured, by no mean authority, that he expressed surprise, and even thanks, for the consideration with which he was treated, con trasting, no doubt, his own treatment with that experienced by persons in a similar predicament by Don MIGUEL. Since that period toe know that he has enjoyed for his own and exclusive use one of the largest and most airy rooms in the Castle, having to himself a space in which, without being exceedingly crowded, no less than seventeen or eighteen Constitutionalists of rank were con fined, under the merciful reign of Don MI- Gum,. Late accounts say he is removed to Belem, but they also assign for that removal a reason which would amply justify some further restraint—namely, the detection of a corre spondence with the minister of the Pre tender. The QUEEN'S government is, we believe, incapable of cruelty, nor are they likely to suspect an officer, who has been in the Bri tish service, of a base breach of his parole ; but yet, surely, they may have some prudential reasons for not releasing altogether an active partizan of an usurper in arms in the heart of Portugal. They may apprehend that his civil services as an agent in Lisbon might be, to the full, as formidable as his military prowess at Santarem. We fear the testimony of Lord BERESFORD, however honourable to both par ties, would not entirely dispel all apprehension of the effects of treasonable correspondence and active intrigues. As to Prince TALLEYRAND, the unman nerly and unparliamentary attack of Lord LONDONDERRY on a 'man invested with a character which all civilized nations respect, served only to draw forth a warm, eloquent, and we believe just encomium from Lord GREY (as it had formerly done from the Duke of WELLINGTON) of that able statesman. The sin of great abilities and uniform success, for to that the notable charge, though conveyed in scurrilous language, amounts, is certainly one that cannot be retorted on his accuser, though employed and, if we recollect, largely remune rated, for a diplomatic mission. But if, as Lord LONDONDERRY somewhat extravagantly sup poses, to M. de TALLEYRAND, entirely and exclusively, is to be attributed the comple tion of a defensive league between the con stitutional states of the west of Europe, with England and France at their head, we should not hesitate to say that he deserves, and will obtain, the gratitude of the world and pos terity by securing the p eace o f man ki n d, and by raising a permanent and insurmountable bul wark for the protection of liberty and civiliza tion against any unholy conspiracy forming, formed, or formable by the despotic powers of the East and the North of Europe. We perceive by the votes of the House of Commons that the Southampton Rail-way Bill is reported. We hope it will soon pass through its remaining stages and receive the Royal as sent. In its line it will prove as great a boon to the country as even the Grand Western Rail-way, which we hope also soon to see in operation. In conjunction with these improve ments, the completion of Portland Breakwater would prove a wonderful advantage to the mer cantile interests of the West of England, as well as with the East and West India trade. The French papers of Monday have been re ceived. They mention a report that some import ant differences had arisen between the great European powers, partly occasioned by the treaty of the PEACEFUL ALLIANCE, and partly by the tone taken by Switzerland in answer to the representatives of the Holy Alli ance. That the latter should feel annoyed at the western compact is not surprising ; but they ought not to wonder at it, and they have no right to complain. The Russians are evacuating the principalities, but they have taken care to bind the SULTAN hand and foot. No evidence has yet been discovered to con vict any persons of note as parties to the late disturbances at Lyons or Paris. It is stated in letters from Spain that QUESADA has gained a great advantage over the Carlists. :FRENCH FUNDS.—Paitts, MAY 5. Five per Cents., 105 E 104 f. 95c 105 f. 15c. Four and a Half per Cent, 99f. 75c. Four per Cents., 93f. Three per Cents., 78E 75c. 90c. 95c. Treasury Bonds, August, 354. Bank Actions, 1,795 f. 1,792 f. 50c. Rente de Naples, 95E 75c. 65c. Roman Five per Cents., 974 %. Rente d'Espagne, Five per Cents., 31 30%. Rente d'Espagne, Three per Cents., 4 1%%. Royal Spanish Loan, 84% St Rente Perpet. d'Espagne, Five per Cents., 72% 73. Belgian Loan, 1831, Five per Cent., 98%54.3 Haytian Loan, 265 E EXCHANGE ON LONDON. tine month, paper, —f. —c. ; money, 25f. 35c. Three months, paper, —f. —c. ; money, 25f. 25c. —fours Authentique. The Brussels and German papers contain nothing of importance. VIENNA, APRIL 26—Five per Cent. Metalliques, 97 2-5; Four per Cent. ditto, 87%; Bank Actions, I,242%.—Algemezne Zietung, May 1. We are glad to learn that the project of a breakwater for Portland Roads, which originated with the late Mr. JOHN HARVEY, engineer of Weymouth, is daily attracting more and more the attention of the public. The utility of such a work cannot for a moment he called in question. It would secure to the navy of England the full and uncontrolled sweep of the British channel, presenting a middle station and refuge between Portsmouth and Plymouth, in a harbour of four square miles, surrounded by superior dock-yards for ship-building, mili tary arsenals, depots, provisioning and refitting, with a certainty of getting to sea at any mo ment. Vessels would be quietly moored during all gales without tide, a most decided ad vantage, by enabling them to ride head to wind, unexposed to the sea ; whereas, at present, they pass by Portland when it blows hard, seeking that protection which so many have sought in vain. To merchant vessels, East and West India shipping, &c., it would be highly advantageous, whether as a central place of trade, or place of shelter : in truth, the structure proposed would be found not only a naval protection for shipping in time of peace, but a national bulwark—an unassailable in trenchment in time of war. In addition to all these recommendations, the proposed break water would, by employing several thousand labourers for five years, lessen the poor-rates in no ordinary degree, nor can we imagine any pe riod so favourable for the experiment as the present, when the country is enjoying all the advantages of profound peace. The harbour of Weymouth could be extended into the sea to any depth required, under . the protection that would be afforded it by the Portland Break water, which would prevent a recurrence of the disastrous effects of the storm of November, 1824. Situated as Weymouth is in a direct line with Bristol, what an efficient auxiliary may it not be made, for transporting merchan dize and Portland stone from so central a depot of the British channel, and in the direct line of thoroughfare to and from Guernsey and Jer sey, as well as the South of France. By the following correspondence, it will be seen that the contemplated project has very properly been brought under the notice of the Navy Board : " Weymouth, Aug. 22, 1831. " Sir,—As eminent public men are at once the surest and most proper means of introducing any object of ge neral interest to notice, I hope I do not presume too much in requesting the favour of your acceptance of the accom panying " Remarks on the Subject of a Breakwater for Portland Roads." lam assured your well-known liberality will excuse this liberty ; the importance of the subject speaks for itself, and will be a sufficient introduction, and however it may be regretted that it has not fallen into abler hands for illustration, I feel a conscious pride in adding, that it could not have fallen into more zealous. " I have the honour to be with great respect, Sir, " Your most obedient humble servant, " JOHN HARVEY. " To Lieut.-General Sir Herbert Taylor, &c., &c., Windsor." " Windsor Castle, 26th . August, 1831 " Sir,—l beg to acknowledge the receipt of your letter of the 22d instant, and its enclosures, with many thanks for the communication. I have had the honour to submit them to the King, who was pleased to order me to refer them to the Navy Board. "I have the honour to be, Sir, your most obedient servant, "H. TAYLOR." To Mr. John Harvey, Weymouth. IMPERIAL PARLIAMENT, THIS DAY, WEDNESDAY, MAY 7. HOUSE OF COMMONS. The SPEAKER took the Chair at a quarter-past twelve. Petitions were presented by Mr. ABERCROMBIE from the inhabitants of Edinburgh against the Police Bill for that town ; and by Mr. WALTER, from Reading, against the Great Western Railway. The report of the amendments on the Dumbarton Road Bill was brought up by Mr. Dunlop, and ordered to be committed ; the Brighton Waterworks Bill was read a third time, on the motion of Lord G. Lennox ; the report of the Hammersmith Parishes Bill was brought up by Sir E. Knatchbull ; the Montgomery Roads Bill was read a third time. LONDON AND WESTMINSTER BANK. Mr. CLAY said, in rising to move the second reading of the bill for enabling the London and Westminster Bank to sue and be sued in the name of its chairman, he did not anticipate any serious opposition to his motion. Some doubts had arisen as to the exclusive nature of the privi leges of the Bank of England, and as it was clearly the intention of the legislature to secure its privileges to that establishment on the renewal of the company's char ter, a clause explanatory of those privileges had been introduced. (The hon. member here read the clause.) On the strength of that declaratory clause a society had been formed, very numerous, highly respectable, and pos sessing a very large capital. They had commenced the business of banking, were every day obtaining fresh accessions of strength, and were thereby conferring on the public those great advantages which every man, conversant with commercial affairs, was aware must arise from a secure system of banking. That community did not ap ply for any exclusive privileges or powers, but merely the convenience of suing and being sued in the name of their chairman, which would, in fact, be of greater advantage, and be a greater protection to the public than to them selves. On these grounds, he (Mr. Clay) could not an ticipate that the Bank of England (although he had heard that the Bank did not display avery friendly feeling towards the new establishment), he did not anticipate, he repeated, that the Bank of England would oppose the second reading of the bill, because, whatever doubts might have arisen as to their privileges, the clause to which he (Mr. C.) al luded, would convince the house that the present bill was no infringement upon them. His (Mr. C.'s) opinion was that it did not, in the slightest degree, infringe uponthem. He trusted that the rumour which he had heard, that the noble lord opposite (Althorp) meant to oppose the second reading, was not correct. He knew enough of the noble lord's sentiments to believe that he was friendly to the principle of the bill, and he ( Mr. C.) thought he could only do it because the noble lord stood pledged to the bank to do so. He understood that the bank had accused the no ble lord of not having dealt with perfect fairness towards them, but he believed such a charge was unfounded. [The hon. member here read the letter of the 6th of August, written by Lord Althorp to the Directors.] The present was certainly not a question which involved the interests of a few private individuals only ; it was a ques tion which involved a most important principle, and one in which the whole community was deeply.interested. The rejection of the bill would be an absolute denial of justice to the people of England, and it would add one more to the many disgraceful instances of legislative bungling. He trusted that the house would not sanction such a glar ing injustice. He (Mr. C.) had no unfriendly feeling to wards the Bank of England—there were amongst its sup porters and managers many whom he reckoned as his pri vate friends. The respectable banks of London had nothing to fear from the London and Westminster bank. (Hear.) The law said that joint stock banks may be established, and he (Mr. C.) claimed from that house, that the London and Westminster bank should not be put down. Within the last twenty years the privileges now sought by that bank had been granted to no less than 42 institutions, and he could not see how that house could extend the privileges_ in one instance and refuse them in another. He claimed but justice for that establishment, and with a perfect confidence that the house would do it justice, he would content himself by moving that the bill be now read a second time. Mr. WILKS seconded themotion. Lord ALTHORP, upon the question being put that the bill be read a second time, said that the hon. member (Mr. Clay) had said that he (Lord Althorp) had no wish to prevent competition in banking establishments. He certainly might have stated that he had no objection to a competition between banks that did not issue their own notes, but between those which did issue their own notes he had stated that he entertained strong objections toa competition. He confessed he did not thinkthat the pub lic would derive any advantage from such a competition, on the contrary, he could easily conceive that such a competi tion might in many instances be injurious, because the ef fect might be, as we understood the noble lord, to continue an excessive accommodation. He thought he could prove that it would have a tendency to an excess of accommoda tion in the metropolis. He did not think that there would be any advantage to the publi c from such a state of compe tition as this bill would give rise to. With respect to ano ther point, whether the Parliament ought to give any ad ditional privileges to joint stock banks, he felt no doubt. In all the discussion upon the bank charter he had stated that the clause which permitted the es tablishment of joint stock banks, though it took away the privileges from the Bank of England, did not increase the privileges of other commercial companies against the Bank of England. The hon. member (Mr. Clay) said that he asked for what was of no consequence —if it was of no consequence why ask for it ? ( Hear, hear.) But the whole of the hon. member's speech was intended to show that it was of consequence, and that the effect of it would be of advantage to the joint-stock banks, for the exclusive privilege of the Bank of England interfered with the internal arrangements of those banks, and thus render it more inconvenient on their part to transact busi ness, and more disadvantageous to the public, and there fore they claimed additional privileges. That it was of consequence was proved by the fact that it was necessary to have an act of Parliament to obtain it, which should give those banks additional advantages to what they had under the charter. He (Lord Althorp) did not think that Par liament would be justified in so doing. (Hear, hear.) They had made a bargain with the bank during the last session, and he did not think that acccording to that bar gain they would be justified in granting any additional privileges to those banks. This was the main ground upon which he opposed this proposition ; besides, he did not think that the public would derive any advantage from it, and even if they were to, he thought that they were bound not to depart from the terms upon which the last charter had been granted. He did not know that the present system of banking was liable to great objec tion. He would not, however, enter into that point at present. He felt that the system generally acted upon in this metropolis, was as much calculated for the convenience of the commercial interest as it could be. Looking at the question in this light, and not feeling that there would be any advantage in encouraging competition, but above all feeling that, after the charter of last session, they wouldn9t be justified in extending the privileges of association in competition with the bank, he felt it his duty to oppose the proposition, and he would therefore move that the bill be read a second time that day six months. Mr. STEWART said that notwithstanding what had fallen from the noble lord, he thought the house could not refuse to pass the bill, the subject of which was to remedy a glaring evil in the law of partnership, and calcu lated to confer great benefit on the commercial community. Nothing could be more explicit than the discussions and explanations on this subject in August last; and the privilege sought was equally the right of the London and Westminster Bank Company as of any other firm of partnership, and was only re fused because, forsooth, the company wished to trans act banking business. But there was no law against them, and that had been stated over and over again. The hon. member quoted from Lord Althorp's speeches during the last session in support of the bill. The com pany was rich, respectable, and legal, and came before the house to ask not any new or extended privileges, but that which every partnership firm was entitled to. Mr. Huskisson long ago told the house that the part nership laws required great amendments, and such amendments the company now sought to ob tain. Sir Robert Peel, in 1826, on the subject of the failures, (no less than 704 banks between 1810 and 1825,) contended that the then system of banking was bad, and he ' proved it by contrasting this state of things with that of Scotland, where only one failure took place in the same period. The present company was founded on the basis that had been - so beneficial in Scotland. It had been the practice of those connected with the old system to denounce any al teration, yet never had any alteration taken place without great beneficial results. Sir J. WROTTESLEY said, he had stated before that the " great panic" arose out of the misconduct of the Bank of England, which, in order to get itself out of a scrape, sacrificed the country bankers. ( Hear, hear.) But while he said that he was a friend to justice, and contended that the house had no power to recognise the establishment of any banking company within 65 miles of London. As to the success of the Scottish system, that was more to be attributed to the careful habits of the people than to its intrinsic merit. The Parliament had sanctioned the monopoly of the bank for ten years, and it could not be done away with but by a general act, to which he would agree, but he could not agree to the motion of the hon. member. Mr. GISBORNE said this question was opposed by the country bankers, by the London bankers, by the Bank of England, and by the noble Chancellor of the Exchequer ; he hoped the latter was not a Government opposition but a local one only. (Laughter.) The article of trade with banks was the circulation of the country, which ought not to be refused one class of his Majesty's subjects any more than another. (Hear, hear.) The act said that banks might be established, and the noble lord said so too (Hear, hear) ; but he added, " You shall be virtually outlaws." He was willing to be bound by the words of the act, but not by any private understanding between the no ble lord and the Bank of England. (Hear, hear.) He could not believe the majority of that house would oppo se this bill, which was similar to those given to the Scottish banks, and to Insurance Companies without end; and the Liverpool Banking Company was exactly a case in point. Mr. HUME would only occupy the time of the house for a few moments while he begged to protest against the assertion of the honourable baronet (Sir J. Wrot tesley), that an Act of Parliament prevented the passing of this bill. The principle of it was one of justice ; it was not the Company's interests which were consulted, but the public advantages, in affording a faci lity to any persons wishing to embark capital in the bank ing system. He (M. H.) was surprised at the opposition given to the bill by the noble lord (Althorp) to a mea sure which was one of public utility and justice. The monopolists were secured, but the public were neglected by such a course ; and he hoped that the house would give the company that facility which all joint-stock companies should have. Mr. JOHN SMITH expressed himself as opposed to the bill. If it were passed, the effect would be, the crea tion of twenty new banks in London, and the consequen withdrawal of the deposits from the Bank of England. The right hon. the member for Tamworth, in his (Mr. S. 's) opinion, had done an effectual service to the country by the introduction of that bill which suppressed small notes un der the amount of 51. In Ms opinion that system had been productive of misery to the people of England, and the country was much indebted to the right hon. gentle man the member for Tamworth for having suppressed the circulation of 1/. notes. He hoped the house would maintain its engagements with the Bank of England. Mr. A. BARING thought the whole question for the house to consider was, whether the present bill interfered with the privileges of the Bank of England. He denied that it interfered with these privileges in any manner, and on this point he differed totally with the noble lord oppo site. There was a particular restriction in the clause which had been alluded to, against the issuing of notes, and that being the only restriction, it was clear that banlis might be established provided they did not interfere with that restriction. ( Hear, hear.) He did not think either the Bank of England or the private banks of London would be injured by the bill, and it was absurd to argue that the nature of our engagements with the Bank of Eng land were such as that they could not do a simple act of justice. Mr. PRYME supported the second reading of the bill. Mr. CAYLEY supported the proposition, because he conceived that the extension of such establishments would make the Bank of England more liberal in its transactions. Sir F. BURDETT complained of the illiberality which characterised the transactions of the Bank of England, and which would be obviated by the establishment of banks like that under the consideration of the house. He cor dially supported the second reading of the bill. Mr. Alderman THOMPSON complained, that within a twelvemonth after the government had entered into an arrangement, by which the Bank of England gave up a sum of 120,000/. annually, a proposition should have been made to interfere with the privileges of that establishment. The Westminster Bank, he admitted, was composed of most respectable and influential members of that and the other house, but they could not on that account come for ward and claim for themselves exclusive privileges not en joyed by any other Joint Stock Banking Company. The ques tion was, whether, consistently with its former acts, the house could consent to pass that bill? (Hear.) He contended that they could not ; and the Westminster bank had com menced their operations with their eyes open, and should abide by the consequences. (The hon. member here read the letter of Lord Althorp to the Bank directors.) He thought that that letter was a sufficient proof that the go vernment had no intention to interfere with the privileges of the Bank of England, and under these circumstances he must oppose the second reading of the bill. Sir T. FREMANTLE rose amidst loud cries of " Question," and defended the conduct of the London and Westminster Bank from the imputations of the hon. mem ber (Alderman Thompson) who had last spoken. The hon. member called upon the house to keep faith with the bank ; he called upon the noble lord to keep faith with the public. (Hear, hear. ) After a few words from Mr. W. EVANS in support of he motion, as we understood, the house divided, when ;here appeared_. For the second reading 141 • Against it. _ 35 Majority in favour of the secondreading -106 The announcement of the division was received with loud cheers. Sir W. INGILBY presented several petitions from Spalding and other places, praying for relief to the dis senters, and also against the Beer Bill. Lord G. CAVENDISH presented petitions from Ches terfield against the General Registry Bill, and from two places in the county of Norfolk, in support of the church. *OA . . Mr. ADAM presented a similar petition from the town of Montgomery. Mr. H. TYNTE presented similar petitions from Yeovil and other places. Sir W. RAE presented several petitions from Scotland upon the subject of Church Patronage. Mr. FITZ SIMON presented a petition from two pa rishes in Dublin upon the subject of Tithes, and also for a Repeal of the Union. Mr. KENNEDY was anxious to explain why he had voted on a recent occasion with the hon. member for Dub lin, because of the allusion made to the conduct of a noble lord in another place. (Hear.) He had done so, not that he was an advocate for the repeal of the Union, but that he considered it only just to grant an inquiry into the effects of that union. (Hear, hear, hear.) If a calm and deliberate discussion had taken place in a committee, the truth would have been more fully elicited than by a long and tedious one in the house. Mr. WEYLAND presented a petition from the dissen ters of Henley-on-Thames. After the presentation of several other petitions, the SPEAKER left the chair. His Majesty will inspect to-morrow morning the Ist Regiment of Life Guards, now stationed at Knightsbridge Barracks, and the Royal Horse Guards, in the Albany Barracks, Regent's Park. The two Regiments will first be inspected dismounted, and afterwards mounted. The King is expected to order a review of the household troops in Hyde Park, when the new clothing has been distributed to the men, on the 28th instant, the anniversary of his Majesty's birth day. The new coats for the three regiments of Foot Guards, will be nearly similar to the uniform of the late Swiss Guard in France. SHIPPING INTELLIGENCE--THIS DAY (FROM LLOYD'S ) DEAL, MAY 6.—Wind S.W.—Arrived the Silistria, from the South Seas ; Tickler, London, from Singapore ; Black River packet, Baker, and Sarah Henrietta, Smith, from Jamaica ; Spheroid, Stowe, from St. Vincent ; Com merce, Hewett, from Lisbon ; and Lowther Castle, Harris, from China. PORTSMOUTH, MAY 6.—Wind W.—Arrived off port the Euretta, Gilmore, from Trinidad ; Marquis of Hast ings, Clarkson, from Bombay—sailed the sth January, Cape of Good Hope the 6th March ; Thames, Greswold, from New York ; and Diana, Lubeck, from Havannah. Sailed the Sylvia transport, for Cork. FALMOUTH, MAY s.—Wind S.W., fresh breezes.— Sailed his Majesty's ship Scorpion, for Oporto and Lisbon ; and his Majesty's ship Savage, for Plymouth. LIVERPOOL, MAY s. —Arrived the Hope, Lassonby, from Demerara ; Charlotte, White, and Appleton, from Jamaica ; Amy, —, Perdonelle, Barker, and Ann, Un derwood, from New Orleans ; Lana Rookh, Watson, Alexander, Leeds, and St. Lawrence, Shaw, from Mobile ; Nile, Blanchard, and Varanino, Watson, from Savannah ; Mary Miller, M'Kenzie, from Charleston ; Gratitude, Clark, from Porto Cabello ; Saive, Bone, from Alicata ; Canada, from Tarragona ; Emigheden, from Denmark ; and Voltigeur, from Antwerp. BRISTOL, MAY 6.—Arrived the Sybella, Candy, from Jamaica. DARTMOUTH, MAY s.—Arrived off port the Ealing Grove, Falconer, from Dominica. CHATHAM, MAY.6.—Arrived the Peruvian, from the Mediterranean and Sophia, Knowing, from Dantzic. STANGATE CREEK, MAY 6.—Arrived the Swift, Hop per, from Alazangan ; and Elizabeth, Holmes, from Gi braltar. THE MARKETS-(THIS DAY.) CORN EXCHANGE. The arrivals of all descriptions of grain this week are moderate. The Wheat trade this morning was very dull, only supported the terms last noted. Barley, Beans, Peas, and Oats, not so brisk on sale and prices 'a shade lower. Flour unaltered. ARRIVALS. Wheat. Barley. Oats. I Flour. English 4,910 qrs 1,260 qrs. 8,261 qrs. '2,790 sacks Irish 4OO 500 7,840 - Foreign - - - I - THE FUNDS.-(THIS DAY.) CITY, TWELVE 0' CL 0 CK. We have received accounts from Rio Janeiro four days later than the last information, by the ship Northumber land, of the 12th of February, mentioning that the local stock of six per cent. was selling from 521 h to 52 3 / 4 cash milreas, but was expected lower, in consequence of 2,000 policies of 10,000 cash milreas, to be issued immediately for the payment of the remainder of the prize cases taken in the River Plate. The exchange on London ruled from 40 to 40i ; but as the crops ofcoffee were nearly shipped, and no amelioration of the infamous copper currency had taken place, it was expected to be lower. Singapore papers to the 3d of January have been re ceived at the North and South American Coffee-house. Late accounts, of an authentic nature, received from Cochin China, state that kingdom to be in a very disturbed state at present. An extensive insurrection prevails now at Saegen, the capital of the Southern and most fertile dis trict, and the Tanguenese are said to be in open revolt against the King, who is reported to be a great tyrant. By the Dutch schooner, Reliance, from Batavia, we learn that the Dutch barque, Matilda, had been cut off by her crew, near the coast of Java, and that Captain Living stone, his wife and children, and it is also said the first mate had been all murdered. The crew, after having taken out of the vessel a quantity of copper coin, sunk her. We learn that most of these fellows are in custody at Saura- I eaya. . - - - . - - We hear from Malacca that on the evening of the 10th inst., Mr. Wiggins, European overseer, was murdered by a native convict. We regret to observe that piracies have increased of late to a dreadful extent. By the French mail this morning we learn that two grand camps are to be formed, one of 80,000 men, for manoeuvring in the environs of Lyons, and the other for the same purpose near Paris and St. Omer. any man dare to get up in parliament and tell the country that there was to be no inquiry even now into the grounds or pretexts on which such an in come had been alienated—that the thing was past— that the right was " vested"—and that the circum stances should not be inquired into, because in no case could the money be recalled ? This example will be ridiculed as a monstrous one, and so it is ; but why? for the amount only of the sum adduced as an illustration of the argument ; but how, in the name of Heaven, does that affect the principle of the ques tion in dispute ? No money, not one farthing, save only that contained in the privy purse of the King, can be disposed of but by the advice of a Minister, responsible to Parliament ; and on that one consti tutional maxim we take our stand against the frank pertinacity of Lord Althorp, Mr. Stanley's false assimilation of a King's revenue to the income of a private gentleman, and Sir Robert Peel's overbear ing parade of acts of parliament, which had nothing to do with the matter. The amount of the pension list was the only thing guaranteed to the Sovereign —the people's lawful security, for the detailed ap plication of the fund, cannot be justly questioned ; much less can it be superseded by a mere vote of the House of Commons. And all for what has the late disappointment been inflicted on all independent Englishmen ? For nothing, but that the Tories might stalk up and down St. James's-street, boast ing that in the breath of their nostrils is the political life or extinction of Lord Grey and his heteroge neous Cabinet !—Tinzes. 11ItICIII OP STOCKS THII Bank Stock 214% 14 % 3 per Cent. Red Alt,{ 1 3 per Cent. Cons. ...92 1 4 2 % 3!.i per Cent. - Ditto Red 98% 3 4% New 3% per Cent 99%Ti if l per Cent. Ann. 1726 .... - 4 per Cent. 1826 lOl% Bank LongAnn.toexpire i. : Jan. 5, 1880 17 1-16 % Oct 10, 1859 17 1-16 17 Jan. 5, 1860 17% Jan, 5, 1880 Aprils, 1880 - Jan. 5, 1870 - DAY AT ONE O'CLOCK. New 5 per Cent. India Stock 269 Ditto Bonds 28 30 pm. South Sea Stock 103% Old Annuities New Ditto 3 per Cent. Ann. 1751 Ex. Bills, 48 50 pm. Ditto 500 4B 50 pm. Ditto Small Ditto C0mmercia1......... pm. Ditto Advertised — pm. Bank for Account India for Account ... Cons. for Account —92 1 4 2364; PRICKS OP FOREIGN FUNDS THIS DAP AT ONE O'CLOCK. Austrian Bonds .......... 10014 Peruvian Bonds B -Irian Bonds 9844 , Ditto Account 24 Ditto Acc0unt........—.9844 Portuguese Bonds 76% Brazilian Bonds 75% Ditto Account 76% Ditto Account "•554 5 Ditto New Bonds Buenos Ayres Bonds 29 Ditto Acconnt 77 631', 714 Ditto Account 29% Prussian Bonds 10 3 1 ,E 3 Chilian Bonds .... ..............29% Ditto Bonds, 1822 lO3 Ditto Account 29% ;Russian Bonds, 1822 105% Columbian Bonds Ditto Account 5314 i Ditto 111 Ditto Bonds, 1824 0 714 Sp a nish Bonds, 1wi1....3414%% I Di to Account 2714 Ditto Ace ...... 34 U% 45 4% ]Zenith Rom:3 '4l4 ! Ditto Bonds 1813 Ditto Acccunt 741 i Ditto Account .3151 Greek Bonds French Renter, sp. c.104f sc. Ditto Bonds, 1825 ... 3314 '— Exchange...... 25f 40c. Ditto Account — r ----3 per cent.... —f —c. Mexican Bonds, 5 per cent 31144: Exchange ...... —f —c. Ditto Account Dutch, 1 p. c. 51%% :At o, 6 per cent 42 Ditto Account 51% Ditto Account 4256 2 Ditto, 5p c. 96% 1fenp01itiut..................... 9456 Ditto Account 96% PAICFN OF SHARKS THIS DAT AT ONZ O'CLOCK. Paid. per Share. Alten Mining Company £9 • 1134 Anglo 2.lex. Mtn. 4.:0. oss. at 31. pm-) £lOO 9 Bolanos Mining Company also 130 Arra I lian Mining Company 5 15 Hra7illan Imp. Min. Co. (us. at 5/. pm.) £2O 61 1 4 nitto Macaubas Cocaes.— ...... Ditto St. John Del Rey Cata Branca Mining Company ...... British Iron Mininr Comnanv £so 31 Columbian Minim Co. (isa. at 51. pm.) 52K 104, English Mining Company 1234 25 t3eneral Mining Association l2 Hibernian Mining Co. £lo 3% Mexican Mining Co. .£4934 1214 get del Monte Mining Co....(unreg.) --- 35 44 United Mex. Min. Co. (its. at 2/. pm.) 40 8 1 4 Ditto New Set ip 5 103( Alliance Fire Insurance C omp. 0 11% _'', 0 Protector Ins nrance Comp. „ Australian Co. ...... ....... Canaria Company ..... ..«, Oaneral Steam Navigation Co , National Provincial Bank of Eni Rio Doce Provincial Bank of Ireland ''''' .£2 26 13 gland 15 2 Al 7 , 31%i 48% 15r; 134 2% COURSI OF IXCH. Amsterdam C.F.12 6 Ditto, at sight. 12 4 Rotterdam .... U 12 6 Antwerp 12 St Hamburg M.S. 13 13 A1t0na...«....«........13 l3 Paris, 3 days' nest . . ..25 55 B 25 as Bordeaux 23 1.0 Berlin ....... Frank fort on Maine, Ex. M.:521 Petersburgh, ruble, 3 Us. 10% Vienna, effective A. 2M. 10 0 Trieste do ... 10 1 Madrid 36.3i Cadiz 37% Eilboa Barcelona 36 oeville 36 Gibraltar 47 .NGE YESTERDAY. Leghorn 48 Genoa .25 80 Milan 3l Venice 47 Naples . 4O Palesmo peroz. 122 Oporto 51% Rio .Taneiro 9'7 Bahia ..... 3l Buenos Ayres Dublin. 21 days' sight 1 Cork l;4 BULLION, PER OZ. s. d. Portugal Gold, coin... 0 0 0 Foreign Gold, in bars 3 17 9 New Doubloons 0 0 0 New Dollars Silverbark standard 0 4 11i EMI WATIR AT LONDON BRIDGE TO MORROW. Wining ....IS minutes after' 1.1 Evening..Z9 minutes after 2. * An /. rib r 1 4 r, •, A• 0 4 V . .' '4lll • THE FUNDS. The express from Paris, in point of foreign news, is of a very meagre description. The accounts from Bayonne assert that on the 27th a severe conflict took place between the Carlists and the Queen's troops, on the road between Tolosa and Pampe luna, and that the Carlists were completely defeated. It appears by accounts from Vienna, that the new Austrian loan has been contracted for by the bankers of that city. French Rentes, 78f. 95c. ; Spanish 30%. Consols opened this morning at the price they left off yesterday, 92 1 / 8 for the Account, and 91 Ai to 92, for money. In respect to the true cause of the panic which took place in Spanish and Portuguese securities yesterday after noon, we are still in the dark : but the letters this morn ing from Paris state that the bankers of Madrid have fur nished the Spanish Government with a temporary sum of money previous to the contracting for the loan. This information has given new life to the speculations in the above stocks, giving them still hopes that something will be done for the Cortes Bonds, in consequence of which Spanish and Portuguese Stocks have improved, the former to 34 1 % %; the latter 77%. Up to the present hour we have no further arrivals from Portugal. HALF-PAST TWELVE. -- The following has been sent to the Bank : " All holders of Four per Cent. Annuities (1826) who shall not signify their dissent, shall have for every 100/. of the Four per Cents, 100/. of the Three and a Half per Cents, dividends upon which shall be payable the sth January in each year. " The said new Three and a Half per Cent. Annuities shall be added to and consolidated with the existing.new Three and a Half per Cent Annuities, and not to be liable to redemption until the 6th January, 1840. " The holders of Four per Cent. Annuities (1826) to re ceive the half-year's dividend, which will become due on the 10th October, 1834 ; and the first dividend, namely one quarter of a year's dividend, to be payable on the said Three and a Half per Cent. Annuities on the sth January, 1835. " Books will be opened at the Bank of England on Thurs day the Bth May to Wednesday the 28th of May, both days inclusive, for receiving notices, by themselves or their agents, of those persons who may be desirous of dissenting. " Persons who shall be out of the United Kingdom dur ing the whole of such period shall, in such case, be per mitted to express their dissent at any time before the 6th July, 1834 ; and any person who may be in any other part of the world, except Europe, to be permitted to express such dissent at any time before March, 1835. " Persons not signifying their dissent within the period before mentioned will be deemed to have assented. " Persons signifying their dissent within those periods will be paid off in such order, at such time, and in such manner, as Parliament may direct. " Treasury Chambers, 7th May, 1834." HALF-PAST ONE O'CLOCK The notice for the reduction of the Four Per Cents., received at the Bank this morning, is in general not ap proved of,' as no bonus is offered. Consols are 92% 1 4 for the Account ; Spanish, 34 1 4 %; Portuguese, 76% to 77 1 / 8 . We have no further arrivals as yet; but the Countess of Pembroke steamer is hourly looked for from Lisbon. The Dutch Funds have improved by the accounts from Holland. THREE 0' CL 0 CK. Consols for the Account, 92% U. SITTINGS OF THE HOUSE.—By a Return of the number of days on which the House of Com mons sat in the last Session of Parliament, with the total number of hours occupied in the morning and evening sittings of the House respectively, it appears that— Before Feb. 27, 20 days / r Morning Sitting, 285 hours]: 1371 After Feb. 27, 124 days, 1, 240 Evening Sitting, 955 The House sat 3 dap, less than 1 hour 2 between 1 and 2 hours 6 2 and 3 10 3 and 4 3 4 and 5 2 5 and 6 6 and 7 7 7 and 8 13 8 and 9 8 9 and 10 16 10 and 11 40 11 and 12 28 12 and 13 13 and 14 From Feb. 27 to Aug. 29, being 25 weeks, the House sat hours per week in the Morning, and 38 hours per week in the Evening. The British and Foreign Bible Society held its annual meeting this morning. Exeter Hall was well filled. Lord Bexley took the chair, and we observed the Marquis Cholmondeley, Lord Morpeth, and the Bishops of Winchester, Chester, and Lich field on the platform. The Report, which was read by the Secretary, gave a very satisfactory account of the Society's operations at home and abroad. Copies of the Scriptures are demanded for all parts of the world parti cularly for France, the West Indies, and China. The in- ' come has increased 8,0001. in the course of the year, amounting now to the enormous sum of 83,8901. An anonymous letter conveyed 1,0001., and Mrs. Hannah More had contributed 1,000/. The report alluded to the death of Lord Teignmouth the president, Mr. Wilberforce, Mr. Hughes, and Mrs. Hannah More with regret, and in most affectionate terms. COURT CIRCULAR. Her Royal Highness the Duchess of Kent gave (for the first time since the marriage of her Serene Highness the Princess Hohenlohe) an early assembly, on Monday even ing, at Kensington Palace, at which was present her Royal Highness the Princess Victoria. The party includ e d th e F ore i gn Mi n i s ters and their la dies, and almost all the nobility and gentry in town. The apartments opened on this occasion were the vesti bule, saloon, and two drawing-rooms. Her Royal High ness's servants in and out of livery lined the hall and grand stairs. The band of the Scotch Fusileer Guards were stationed in the inner hall (which was ornamented with shrubs), and performed several favourite airs during the arrival and departure of the company. The flower-garden leading from the vestibule was mo st brilliantly illuminated with variegated lamps. The Duchess of Kent and the Princess Victoria, attended by their Royal Highnesses' household, received their di ,- tinguished guests in the vestibule. Refreshments were served during the evening in o ne of the drawing-rooms. The Duchess of Kent, the Princess Victoria, the Prin ce Ferdinand of Saxe-Coburg, and the Prince of Leiningen, visited the Duchess of Gloucester yesterday. The Spanish Minister and the Dutch Special Minister visited Viscount Palmerston yesterday at the Foreign" office. tian M sa r. cted ia y b e us rs i , n t e h s e s y A e g ste en r t da fo y r a ß t t ar h b e ad c o o e lon s, iaaln-officer. B. urnleyt COVENT-GARDEN THEATRE. —.....—... 4,4 t Last night was produced at this theatre, for the ..--, time on the English stage, a new grand ballet in thr e d Monsieuroa acts, ts t , h e e n ee t it l l eA e h d lrba t et h r te e d, Th is F bana a lld ir e g htasof Sl bc ipp eeenn e d r rpe . itnorm. el b dt al wi l s e i t tcho i m s tp f ho o es u e n d ac v protectresswu n i t e h qu t unequivocal c f a a l t oh s fe u r c success in Cinderellai mother n Paris. ( (Mrs. rf s . T v h ei Vining), ifi. Cinderellanrg s t ) , act adoe ds commen ces c eh e ndrssireisnte e r st preparing for the ball ; after they are gone a Fairy, t h e magnificent cloud, and promises she shall also go ' en °lF dition that she returns by 12 o' c l oc k. Th ese terms ar e agreed to, and Cinderella is attired in a most superb dress, and conveyed to the Prince's Palace in a spl en didstat e car riage, drawn by two white horses, and attendedby a nume rous retinue of domestics in gorgeous live r i es . The gran deur of Cinderella's departure drew forth the most deafen ing applause from the audience, but it was only a foretaste: of what was to follow. The second act opens with a vi e : of a grand octagonal cedar saloon in the Prince's pal ace ' fitted-up for the grand ball. This scene is the most nlag nificent and splendid we ever saw, and when the curtaiLno was drawn up,it astonishedand delighted the audience , vi a testified their approbation by loud and long-continued ay; plause. This scene has been prepared on a scale of grea i f it depth, height, and breadth, than on any preceding t °co since the opening of Covent-ga r d en Th ea t r e, and is l u e minted by more than two thousand lamps. This seen alone would well repay a visit to C oven t- gar den,for we are .. ,a at a loss for words sufficie n tly t o praise its grandeur , c 7; the admirable manner in which it was managed. ..,,d the derella arrives at th e b a ll i n magn ifi cent state, *"6heuld 1 scene at this moment is as grand (or perhaps w e 0 ; D ro not be wrong in saying) grander than anything ev e r d a ct duced on the English stage. The whole of the see very is occupied with the ball, and the dancing was of the ,: ar first order. We have not space to particularise each t h e tiste," and must, therefore, be content with saYing p, whole was excellent, and drew forth tremendous applau,tc, The clock strikes twelve, and Cinderella hurries from.',..d ball-room, leaving one f her slippers behind. The t,n_ .. " o , act is one of great magnificence as respects scenery, the rations, and processions. The Prince offers to wed _ et accepts as his spouse, and the ballet ends with the crown " . . announced for repett maid a l !:l ll th o a n t ly th so e it sli t p h p o e f r oo w t il o l f fit ainde A r gr ell e a a , t nwuhmorrthtrey pitr, ing of Cinderella. ' The ballet was . . _ and it will have a long plause, and there is no doubt Challenge followed, and successful run. The opera of the . opera appears to lose • favourite was well performed. This frequent repetition. none of its attractions by ' ..................."'" tion four times a week amidst the most enthusiastic ap plause, SPORTING INTELLIGENCE. iiziice CHESTER RACES. MONDAY, MAY 5.—A Produce Sweepstakes of 50 sous' each. Two miles. Mr. F. R. Price's The Tulip M. Jones 1 Mr. Nanney's Sir William, by Camel ......... Marquis of Westminster's br. c. by Camel ... 3 Sir T. Stanley's b. c. by Young Tarragon..• 4 t Eleven drew and paid 25 soya. ft. each. 6to 4 ags ~ Tulip ; Tulip and Sir William the favourites ; b. c. li 4 l _ . Tarragon took the lead at starting at a s low p ace ; Sir _ Liam shot a head the first mile at a rattlin g rate, but T 1 Tulip went up half a mile from home , headed then), an e l r o: a g sa s eyrs . d .i..n.Esp.e,Wcierighadtdecll to a won without the least difficulty by half a neck. ThePlateß i r Cardinal,d e a o t Birdcatcher, h *a d l3 A u el l si k " 11 e e es l e ns y ' s 's Handicap Sweepstakes of 15 sovs. each 10 sous. ft. The SA T : : Marquis of Westminster's Controller, 4 yrs... 0 0 Mr. Beardsworth's Independence, aged 0 Sir T. Stanley's Les Grace, 4 yrs 0 Lord Derby's Speculator, 6 yrs 0 Mr. J. Robinson's Solon, by Lottery, 4 yrs._ 0 Four declared and paid 5 sovs. each, 6 drew and paid 10 sovs. each. One false start, Independence not getting off. In the second start Speculator took the lead, Indepentience lying close in his wake ; Birdcatcher and Les Grace being in in the rear ; the pace for the first mile being very in lin " rent. The Cardinal, after running about one mile an the quarter, 'mended the pace, and challenged Speculator; key race then became very interesting, every horse and joel i e): using his utmost exertion to do the best for ovrner and e _ ployer. At the Castle-pole all was well up, with the tailed -ere tailet ception of Les Grace and Independence, whoaftervi forcing off; Wright waited with admirable judgment' it his horse severe running at the time he did, he broug home in a masterly style. d Committee. gift A Maiden Plate of 501. the o f the Stan Heats, twice round. A R 1 1 Mr. Painter's Coronation, 5 yrs. ...... v 3 2 Mr. Massey's ch. f. by Peter Lely, 3 yrs 1 2 '-' „ Sir R. Bulkeley's b. f. by Peter Lely 0 1 d Mr. W. Turner's b. c. by Lottery, 4 yrs 2 ° d Sir G. Pigot's Heads or Tails, 3 yrs. 3 2 A Mr. Jones's Unit, by Sir Oliver, 4 yrs. 0 " — d Mr. Armitstead's b. f. by Peter Lely bolte . r _ l Won easy. No betti n g. Second heat won eleveY• Du D bli u n N ye G s A te ß rd V ay A , N st E ati L n E g C 6 T a l t OZ leave London for Dungarvan, to present himsell one more as a candidate for its representation. We could Ja la co e b t t `vimers raeb:oculltnectti: ource os h if a t i v ion e nt i d ngde n en o rc doubt theopulbate circumstances, his e return, mat t pbbeeurythoaFew t:nhr oUt is to be accompanied (says the letter) b.r d question. Con nell himself ! He will be a bold F, lli° t n ' n ever such who will venture his pretensions aP lls " whelming odds as h is •ji c e presents. .1, personal in uen „Al e ° would be utter folly, or, worse, the malice of 0 4 7i 0 faction. We do believe there is a spirit awak e l t he I b e per mu , tot the good men of Dungarvan that will not disgrace of misrepresentation by a unionist : theY not suffer any West Briton to enter the British I—r. liament with their sanction.—Dublin Morn. Fegiste ;.;? ()is' On the 6th inst., at MA St R . he %c ell, Joshua Williamson, Esq., of East Dulwich, onl,one, to --------ll:lV'Churell, C am— o r f th e late Joseph Williamson, Esq., of Peckham, :S . , Ea'!" Emma, eldest daughter of Wm. Woodbridge '-- On the sth inst , at SL ID P e a e n . c as of the same place. l b.. Alfreo On the 29th ult., at Birstal, Leic e ter , ..- o f john Knight, of London-wall, to Jane, daughter Wright, Esq, of the former la ' fourth son of Charles Lloyd, Esq., 0 r f Olton, Waii ~ p. L loy d, shire to Mary Elizabeth, eldest daughter of Esq., late of Great Surrey-street. No ' g ? On the Ist inst., at Brayton, Richard Math% i ter o of Clapham-rise, Surrey, to Caroline, third da r e. brecht, Clapham, Surrey to Helen, Samuel Smith, Esq., of Hambleton-house, Vr k . f„ D r es A l , On the 29th ult., at Aberdeen, Mr. fleorY • ;otter Alf William Pine, Esq., Golden - square, Aberdeen. DIED. , gown ' On the 21st ult. at Florence, 31rs• Charlee..Adoura wife of Lieutenant - Colonel Rowley, son of Irl o f the lat° Sir Charles Rowley,daughter John Evelyn, Bart., of Woootton, Surrey. relict o f the l ate On the 3d inst., at Brompton, Sarah, ag ed 7 1 . Archibald Patterson, Esq., of Golden-square, _ o f the On the 30th ult., aged 18, Augustus, fifth so' Rev. E. S. Thurlow, Prebendaii of Nowiesh.Esq., Mae' On the 4th inst., at Putney, illiarn Jo° ' f th e shal of the King's Bench. relict 0 On the 2d inst., at Tor, Devon, Frances, late John Sivewright, Esq., of Tavistock-squarae• ~,raiwes, Church, Ev..a:1,c1,1. On the sth inst., in Woburn-squar eldeste, wife of the Rev. R. Cattermole, B.D."Wall‘'. Charles On the 21st ult., at Dresden, aged 16, , ht° Ellice, of Clothall, Hertfordshire. SoP On the Ist inst., at Beech-hill House , Surreys Floyer, wife of William Paxton Jervis, Esq. ~/ More' On the 2d inst., the infant son of the Hon. r''' ton, Woodchester Alinching Hampton. fli7s' 3iar I da r On the 4th inst., at Hampton, in her 55th Yea r ' beth, wife of C. J. Apperley, Esq. ---------;---4 6 London: Printed and Published by MURDO Y O at the Sun Office, No. 112, Strand. BIRTHS. `mo toilf On the 4th inst., in Dover-street, Mrs. George'' ile °' of a son, still-born. • v On the 4th inst., in Graceehurch-street, the s Henry Baynes, Esq., of a daughter.