The Sun. — London, England, 1839-10-28 00:00:00

LORD BROUGHAM. In accident did befal Lord Brougham and his party on ;sturdy last, which might have been attended by very serious consequences, and which we will here re late- On the morning in question, his Lordship pro eeede din an optea carr i age and post horses, hired ter the Porpe se , f rom Mr. Sheffield of the G eorge I nn , P enr i t h, Hfm , Brougham Hall, with the intention of visiting e e'ad C as tl e , a ru i n o f w hi c h hi s Lordship i s on of e ee- proprietors, situated about twelve miles north- I v est c f P enr i th. His Lordship was accompanied " 1 , 7 Y, Leade r , M.P., and Mr. tied Mrs. Shafw. ," wh en near Th omas Cl ose, a b out three m il es from "ighh cad, on d escend i ng a h i ll, the axtle-tree " the carriage broke, the horses began to plunge, and tl , C post-boy was thrown from his seat. The "frigh ted animals then off, dragging the broken car rkiage t Ster them. F or t unata l y the accident was seen h } sot ie huzbandmen near the place, who ran and got hol d o Fthe horses, and Lord Brougham and his party found, tof th e carr i age un h urt. Th e post b oy, i t was I "ed, was very much injured ; and Mr. Shafto's see tant h ad received a bruise on one of his legs, but was n et m uch worse. His Lordship appears to have been tna eh vexed by the accident, and immediately sent off an ex! 'revs to Penrith with the following letter to the °ee l e Inn : " Thomas Close, Saturday. y o " 'S Cod im me di a t e ly a p os t- c h a i se to b r i ng us b ac k. ur- carriage is broken to pieces, and your driver is (;ery - muc hurt. never saw so scandalous a thing 0 " by a h n innkeepe l r. Th " BROUGHAM" letter was marked "immediate," but his Lordship noe s :not appear to have waited for the chaise ; for he 4 an d :Mr. Leader walked to Penrith, from whence he " 4 "Pa tch e d a surgeon to atten d to t h e pest -b oy . W e 2( try to say the boy is not yet out of danger. PaUSunday th e N o bl e a nd L earne d L or d an d hi s Pa rt 3 set off for Keswick, and thence we understand Proct eded into Borrowdale, and amidst the wild and ru ggt d mountains of that district, his Lordship probably read the melancholy intelligence of his own death ! He retur ned to Brougham Hall on Thursday, where he had alar. ,;e party to dinner. affair natur a lly exc it e d g r ea t i n t eres t through . 44 n he country. Three reporters from L on don a rrived .01 11 . enrith on Tuesday to attend the inquest !—Carlisle 0 ot FREE TRADE IN MONEY. S the followi ng i s the Petition of Mr. Edward "2 1 ky, referred to in The Sun of Monday, Oct. 7 : f hb humble petition of Edward Solly, of Curzon street, May-fair, Gentleman, a eweth,—That for some time past the Banking Commercial interests of this country have been, and I still continue, exposed to v er y great d angers an d n!)B,se 3, arising fr o m th e ex i s ti ng Mi nt an d currency re - Ott :ions. 1 1' eat in the year ju s t p as t, as we ll as i n the year 82 i, a v er y cons id era bl e exportation o f co i n , and a e -a na equent contraction of the currency, or paper mo ll% took place, whereby a sudden revolution was occa -110,11!d in the money market, and consequently in the 13°4 t Lion of a ll contrac t s d e pending on it, as also of trade gen Tally. b 'hat t h ese repea t e d cr i ses in the mone y mar k e t h ave e el I the result 'of innovation and defects introduced ' n 'o our monetary system by Sir Robert Peel's Bill, a nd by subsequent Bills, namely, by the making our gold coin an article of foreign trade, and without adopt ing its relative value to silver in accordance with its too itetable value in all other countries, and without a ny charge for seignorage, thus enabling the foreigner e xtract from our internal commerce the staff of its l ife as by the law constituted, namely, our gold coin, avQn when, according to the nominal par, the exchanges ned to be adverse to such exportation. I Chat by the alteration of the gold coin from the guinea to the sovereign, the one-pound note (which previously could only be exchanged for twenty shillings in silver, being the fractional parts, and therefore,'the le gitimate object of the exchange), became the channel a.new demand for the gold coin, whereby in the year l 8 5, the pressure on the banks for gold and the gene ral panic-was so much increased. That the demand for gold coin for the home circula tion was again furthr2r increased by the total prohibi tion of one-pound notes, whereby, at the same time, t he retail trade of the lower classes was deprived of t he t facility in traffic which the one•pound notes afforded, ,Y.. i 11. '111 the richer c l asses W ere st ill perm i tte d to i n d u l ge Paper money to an unlimited extent. a ['bat the progressive increasing value of gold corn- Par ed to silver in the markets of the world, which pre as to th e Bill p erm itti ng th e f ree export o f our co i n , Old: not so easily affect our home circulation, bus, since th l' passing of the Bid made it impossible to retain an t e t e e t able and sufficient supply of gold coin in the coun -I„under the present system. That while the necessity of an additional supply of g ol d , :oin has been increased by the legal enactments : 1 11 ) .‘ elk have forcibly created a new dema n d, th e respon ltitY of increasing the supply does no t a pp ear t o res t tany where. °That further, as the demand for gold coin for ex pneertea, ti t' increases, the paper money in circulation is th, 4t ,,r" l Y withdrawn, in order to avoid the effects of ti br , -e mand, w hereby the money market is placed in „Position h at, there of a candle insure consu toming the at both endsnd Com 1, foi e, to Banking a rcial interests so threatened a greater security, and ' 4 order to diminish these recurring fluctuations in the r° l : ° ,ttev market, either a return to the old system of pro "' oitin g the export of our coin with the circulation of guineas and one-pound silver notes, or as an alterna ,:rye. th e ra i s i ng th e value of the present gold coin to I' o -and-t wen t y s hilli ngs silver, combined with the issue "a•pound silver notes, appears to be necessary. Wherefore your petitioner humbly prays that .your Honourable House will take the subject of this his petition into consideration, and • provide such a remedy as your Honourable House may think fit. And your petitioner will ever pray, &c. is.......s.apnsnawmkssa•••nmoso•s MARE ET and CITY NEWS' ing to escape from the consequences by partial rather than by general measures ; by an interdict against the paper of all joint-stock banks rather than a diminution both in time and in amount of all commercial discounts, distributed equally over the whole monied interest of the country. The annexed passage, which is part of a communi cation to the Liverpool Albion, goes to establish the feet just referred to, of over issues in the latter end of 1838, for the sake of the Bank accounts, as sub mitted to the Court of Proprietors last month, which is curious, though by no means essential to a true judgment of the question. The main ergutnent of the letter, in which there is nothing new, relates to the in terdict against joint-stock barks, and the injurious ef fect of it upon the manufacturing districts. Proceed ing, then, to consider the origin of the present difficul ties which arc made the excuse for that interdict, the writer says— " The most off•nsive feature, however, in the present proceedings in the Bank of England is, that she is herself the cause of the very difficulties she thus takes upon herself to remove. The recent holding of the Court of Proprietors affords a proof; indirect., indeed,. but conclusive, of the truth of this statement. On no other conceivable ground than that the Bank of Eng land has been guilty of gross want of caution, can we account for the large surplus profits which are announced as being carried to the rest account. The profits which hare thus accumulated, at. a time when the cautious trader was almost inactive, can only have been acquired through loans to the public, which a due re gard to the precarious state of the currency, occasioned by an anticipated large importation of foreign groin, would have sternly prohibited ; but the Directors of the Bank of England are .always behind the rest of man kind in detecting the signs of approaching difficulties, and whether this obtuseness arises from a mental part:cipa tion in the passe character of their monopoly, or be oc casioned by a less doubtful regard to the interests of their proprietary, the result and consequences are the same, and the fearful inefficiency of the Bank of England in the discharge of her dnties, towards the public at least, is proved to demonstration. It has been very much the fashion of late to denounce the United States Bank as a principal cause of all our difficulties, and to make the operations of that establishment the 'scapegoat for con sequences more justly attributable to the defective ad ministration of affairs nearer home. I have no wish to extenuate or excuse any departure from the principles of sound banking, of which the great institution referred to may have been guilty, but I do mean to contend that had our monetary affairs been under safe manage ment, no violation of principle on the part of any fo reign banker could have entailed upon this country one hundredth part of the evils which have accrued under the existing system. The Bank of England affects to adjust the currency, but in her attempt to do this she is destroying trade." CHRONICLE.—In the Railway Magazine of this day (Saturday) we observe a report of a meeting which took place on Tuesday evening of the Pro prietors of the South British Cotton Com pany ; a concern possessing claims, it seems, to no very enviable notoriety. The Chairman of the meeting is reported to have said—" He was sorry the Com mittee had been unable to render to the Proprietors a report .in consequence of there being no accounts, or copies of them, and the state of the books was inexpli cable. It would appear that the whole number of the black shares amounted to 19.500, of which 15,700 were issued, leaving 3,800. The number of red shares was 25,000, *of which 20,700 were issued, leaving 4,300. But these are of no avail, as by the public ad vertisement they became forfeited. Of the 25,000 is sued, deposits have been received upon only 995 ; upon the blacks nothing had been received. The Di rectors found they had no means of paying the maid servant ; they then issued 200 shares, which were sent into the market for that purpose—(Hear, hear)—and at another time, for the purpose of paying taxes, a fur ther number of shares were issued." This presents a most extraordinary picture. A Joint-stock Company is furmed with 911 the usual staff of Director;, Secretaries, and so on. They issue 15,700 " black shares," and 20,000 " red shares." They receive d.:posits upon 995 of the reds, and the blacks pay nothing at all. It further appears, by the Report of the meeting, that on the 995 " reds" 20s. of deposit was paid ; still there are no accounts or copies of them, and the state of the books is inexplicable ! This is pretty well ; but the scheme of issuing 200 fresh shares to pay the maid servant, and another to pay the taxes, are brilliant strokes of financial policy ! Well might the proprietors compare this South British Cotton Company in deceit to the famous South Sea scheme. But so long as people will trust their money without due inquiry, in hopes of unusual gain, they must occasionally expect to get their fingers burned ; and such proceedings as those of the South British Cotton Company could not have taken place if the proprietors, who paid their deposits, had exercised a moderate degree of inquiry and caution. Something is said, we observe, of a new 'Company being in contemplation, and that the old shares are to be taken at 10s. in part payment of the new. If this arrangement take effect, the " red share" men will come off much better than, from their imprudence, they had reason to expect. SPIRIT of the PUBLIC JOURNALS. (From the Times.) The last measure of the late Session of Parliament was the Bolton Police Bill. We believe that there have been but few attempts at legislation on the part of the present Ministry which have exhibited greater bungling in their concoction, or greater ignorance of the situation and circumstances of the place for which it was proposed to legislate. The Bill was at first so framed, that, while it gave a power of appoint ing about twenty policemen, it repealed the Special Constables Act, under whose provisions nearly a thousand special constables were sworn in during the late riots at Bolton, which furnished the pretext for the BR That defect remedied, in consequence of suggestions made in the Upper House, there appeared next two other obj,:•ctions—that the Bill included as part of the Borough certain districts not belonging to it —and that it gave no power to tax more than one entire township, though parts of the two other townships were comprised wilhin the borough. That Ministers should be ignorant of the extent of the borough to which they had advised her Majesty to grant a charter was not to be wondered at ; indeed, with them, ignorance is the general rule, information the exception ; but still, igno rant as they were, it became necessary, when the objec tions were raised, to meet them in some way, so as to be enabled to carry the Bill through Parliament. Lord Duneanaon, therefore, in despite of assurances given him that. the privileges of the House of Commons would be invaded, obstinately persisted in introducing an amend ment, with a view to set right, at least, the question of taxation, and subsequently, even after the Bill had been read a third time, withdrew the same amendment for the very reason which had been suggested against its insertion. What, then, was to be done ? The Bill, it not suffered to increase the stock of Government legislative waste paper, must be made to work. So, in the Commons, on the day before the prorogation, another arm ndrnent, in violation of a well-established rule of Parliament, was introduced, which was adopted by the other House, after some observations from the Duke of Wellington in condemnation of the proceed ing, and an order obtained at his instance, for a special entry in the Journals, to prevent its being " drawn into a precedent." We have here traced the progress of a measure to which her Majesty adverts in the speech from the throne in the following terms I have given my cordial assent to the Bills which you have presented to me for the establishment of a more efficient constabu lary force in those towns which peculiarly required it." Now the necessity, if any, which existed for such a measure in the town of Bolton has been created by the very men whose bungling we have above exhibited. They had thought fit, in the vain hope, no doubt, of strengthening the Whig-Radical inte rest, to advise her Majesty to create a Corpo ration under the Municipal Reform Act in a great manufacturing neighbourhood, where a corpora tion was the last thing requisite for quiet government, and persons had been appointed as magistrates—we beg pardon, as boroughs justices—who, being engaged in manufactures in the town, were not the most fit to de cide questions between masters and workmen, and some also the open advocates of Chartist doctrines. What, then, was the reason for the " cordial assent" on the part of her Majesty's Ministers to their own Bill? It is to be found in the word " patronage," the object sometimes apparent, sometimes concealed, of nearly every measure introduced by the present Government. The Bill gave to the Crown the appointment of a Commissioner of Police, at a salary not exceeding 600/. a year, and it vested the appointment of receiver at a salary of half that amount in the Treasuer of a corporation, the legality of whose charter is admitted by the Bill to be in dispute. 300/. a year for collecting a rate, which is to support twenty policemen, a sergeant per haps, and an inspector !! and 6001. a year for the Com missioner, w h o i s to select t h e men , an d act as a justice of the peace !!! True it is, that, in deference, proba bly to the grounds urged in Parliament against the Bill, and the taxation proposed to be inflicted by it, the re spective salaries had been fixed at 5001. for the Com. missioner, and 200/. for the receiver ; still their amount exceeds, we believe, by more than 1001., the whole sum paid for the police force of Bolton, which before the creation of the Corporation was found fully adequate to the duty of preserving the peace. Now, we are confident that the duties of the receiver would be efficiently dis charged by a clerk at a "provincial banking-house for a tithe of the pre sent sa l ary ; and there ° happens to whomlyino n % Septembervie ssio shall ne r ,Ltihe now ue Home be a very valuable aut h or i ty on the subject of the Commissioner's stipend,E d s u ec c r e e t t o ar o y ur ap r p e o a int de s rs. as tla, re Commissioner n Colonel Angelo. This gentl eman arr i ved in Bt intro duce understand, on the 26th of th a t month, and about the Bth of October he quitted the t own , never, as it would appear, to return as the Police Commissioner, for or the iMe of this month a letter is said to have b. 1,;a: of thc. ju6- i 4). etTY?" I ES •• -- Connected with the tran sac ti ons yesterday (Fri day) in Foreign exchanges, it was remarked that some drzhe parties who act for the Bank of England in the ughts on Paris, drew bills at three months, but later in the day b ecame ta k ers a l so o f s h ort bi l l s on the same t t ' hie et Hence it was concluded that these latt er were - PaY for bil:s coming to maturity under the arrange ment with the Bank of France, and that the long bills ar e to serve to open the new account. If this, however, Should be the true state of the case, it follows that no &teat further influence upon the exchanges is to be expected under that arrangement, unless there should be some extension made of the original credit. That the mere operations of trade will bring any relief to it, there s no present iikelihoo 1, and the piospects continue, in that respect, most unfavourable. What the issue will be therefore is, or ought to be, a matter of some anxiety in the Bank parlour. As the drawing and re drawing of the bills on Paris create some additional i larges in c omm i :s i ons an d b rokerages beyond the rate of ! t erest paid f or t h e money b orrowed of the Bank of 11.va nce, various c a l cu l at i ons h ave b een made of the ac tual Cost of the operation. None estimate it at lower Yuan 8 , and some fix it as high as 12 per cent., but it is 1 tZPossible to be quite exact without knowing more . cf •": account than tbe parties concerned may be willing to a t, `uvulg e , but that the operation will be a costly one lure can be no doubt. It must be attended, therefore, t -it o much loss as well as humiliation, and no man yen tiPes as yet to predict a successful issue to it. tl . t B°l. t of contradiction is put torth on the subject of Unite ,°Posed loan in Holland to the Bank of the o States, to the allegation that it is to cover post -ot es 1., over -due on the Continent, and we are told that the is not any of such damaged paper in circulation ere, ss, sant to make the contradiction effective, it b should h e ~.. „ , , affirmed Luso tnat there are no bonds, or cu t °' exchange of the said bank, to be provided for e r of the loan in question, since that would otherwise 6 o nl e exactly to t h e same t hi ng . Th at i t i s t o b e a rind fide loan, apart from any provision for old debt, th e sum itrepresents to be remitted to England o r ts._ United .aid . t h e he States in of the general operations of wi th 'nk in question, is what few people will believe 11. ut better authority than any which at present is to 7 met W i t t_ . n If it should be so, it will be a favourable j n /rti Ptonl in the affairs of the Bank, and, of course, an ioTument of some consequence in turning the exchanges set Tour of this country. But it will be time enough to tob t ; te , this point when the contract is actually concluded, , r ,• en, it seems, is not yet the case. 1 ,4:" he angry feeling towards the Bank of England, fte 101 has arisen among the joint-stock banks, in con e q r , u c e i 4 ee of the late interdict against all their trier s: `e Paper, has not, during the week, undergone thueh a lleviation. Both parties, however, are cautious t a ° ,.,l t Proceedin g to extremities. On the side of the th e "England, hints are allowed to go forth, that 0 0 rule i s not intende d to b e an a b so l u t e one on a ll eetsions, while the banks, who have a vague notion e r° ; l l 4l Y that they might injure themselves by pro. a o r k e i ; v .' n g to actual hostilities, content themselves with --meat and threat rather than action. These are ao sw . , _ct th -- . l.eu in kind by their powerful antagonists, and a E n -",-- matter rests, the advocates of the Bank of pl e - !' i a : ed adopting precisely the same sort of special ts hri:eg that they have always resorted to, and those answers the temporary purpose of keeping th ' e quiet who have never bestowed any attention on e subject. or The Bank is bound, say these casuists, to take care ~hnse Itself, and the deficient harvest of 1838 is the real , torin.. o f all our di ffi culties, it being perfectly n . o i of " all the time that a most imprudent extenTn or th e issues took place in November and Decemb er i full at Year, when the results of the harvest ac r e Wiwi a scertained, to which the ensuing ) mischief i s k of , much greater justice to be ascribed. The Ban or t t atirland is blamed, therefore, in the controversy ad camel to, for two reasons —first, fr.= having becn the =sv of the e1:46 4 ' , a- - -;..p1 pri..,,„,., , ~....,,,, * I. 1. tices, communicating the fact of his having tendered his resignation, and intimating his opinion that it would be " a complete robbery upon the inhabitants of Bolton" to take from them 500/. a year for the manage ment of twenty policemen ; and yet this, or even a greater tax, may be imposed upon the inhabitants by a measure passed at the express request of the Town Council. We congratulate the Ministers and the Town Council, foisted by them upon the people of Bolton, upon the present success of their Police Bill. Did ever governing body sustain such a defeat ? But more of discomfiture seems to have been reserved for these corporators. It was not sufficient degradation to be deprived of the power of paying their own police, or to be abandoned after 12 days' acquaintance by the Government officer sent down to take charge of it, who denounces their proposed profligate expenditure of the people's money, or to be involved, as we collect from a recently published account, in a debt of 1,0001., to dis charge which they dare not levy a borough rate, or to have their appointment of a Coroner brought in ques tion, without possessing sufficient funds or sufficient con fidence in their own position to sustain the appointment. Unsatisfactory as all this ,must have been to Messrs. the Mayor, Aldermen, and Councillors of Bolton, they bad reserved for them something worse—the decision upon their conduct of a public meeting recently called in the town they goyim (save the mark'), and called, too, by numerous notices placarded throughout the town. By that decision, opposed by one speaker only, and perhaps by both his hands, they are de clared " to be deserving of the severest reprehension for their conduct during the last twelve months," the whole period of their existence as a corporation. Is there to be found any body of men whose condition re sembles that of these unhappy corporators ? We be lieve not, unless it be that collection of individuals who invest—we had nearly said infest —the Royal Palaces of Buckingham-house, 'Windsor, and Brighton, under the denomination of Ministers. Like the corporators of Bolton, these men do not enjoy the confidence even of their Radical fellow labourers, whom they have alike deluded ; like them, they originate measures and after wards abandon them ; like them, they are deficient in credit : we might further pursue the parallel, but we should seek in vain among Ministers or their official de pendents, from the pitchforked jobber Monteagle, down to the inefficient coxcomb who presides over the Home office, and the Admiral, whose inaction while on service has been rewarded by the Governorship of Greenwich Hospital, for any one who would have the honesty to declare with Colonel Angelo that the taking his salary would be " a robbery upon the people." (From the Morning Advertiser.) If the Times, which so stoutly declared itself, in the case of Admiral Fleming, we think, to be above the perpetration of a lie, for the sake of Jew or Gentile, party or object, or interested motive of any description, be not the most lying, as it is the most bragging journal, we know not where there is one to be found within the bounds of the united empire. If there be a difference in lies,—that is, a gradation in them, positive, compara tive, and superlative, as there is in most other vices and crimes--the Times may, perhaps, with some show of justice, claim exemption from the charge of being guilty of the lesser; for it lies with a force which is unmatch able—with a boldness which has no fellow—and with an assurance sere durior, and an air of assumed integrity, regalique situ pyrammidunz altius, which readily imposes upon the unwary, and leads them to give credit as truths to the most easily refuted inventions. Its assumed superiority over its rivals— its braggadocio 'style—its Billingsgate tirades against all who choose to difThr with it in opinion —its gross attacks upon all who have sounded its hollowness, and have had the energy to set at nought its pretended thunder —are all fruits of the same system, and children of the same school of scandal and falsehood. We hive heard it asserted, and we are much of the opinion of those who entertain the belief, that if the truth were known to it, it would, if it suited its purpose, prefer either a misrepresentation or suppression of it, to its actual representation ; but, however this may be, we shall lay before our readers one splendid speci- men, a mere sample of others—first, of its assump tion of superiority of foresight over every other journal ; and, secondly, either of its negligent or of its wilful lying. We allude to an article—and a studied article too—in its publication of Thursday last, in which we find the following passage :—" The intel ligence of Lord Breugham's death," says it, " believed so generally, and with so much confidence, throughout the whole of Monday last, and on authority supposed to be so unquestionable, owed no part of its circulation to this journal. the only one among the Morning News papers (ef Tuesday by which the disastrous incident was not assumed for fact, and nzadc the occasion of some sort of obituary article." Now, here two of the grossest ta:sehoods asserted which ever appeared in the columns of any journal—the first, that the Times was " the only one among the Morning Newspapers by which the disastrous incident (the death of Lord Brougham) was not assumed for fact ;" and the second, the asser tion that it was " made the occasion of some sort of obituary article." Now, we believe that, with the ex• ception of the Chronicle, which was imposed upon by false information, and to which every journal of exten sive connection and correspondence is liable, there was but one Morning Newspaper which gave anything like countenance to the report that Lord Brougham had been killed. The Herald did not, if we are rightly in formed, and the readers of the Advertiser scarcely re qurie to have the following paragraph repeated to them as a proof either that " the incident was not assumed for fact," or that "it was made the occasion of some sort of obituary"— " REFORTED DEATH OF LORD BROUGHANI. —A report was current in town last night that Lord Brougham, on his way to the North, had been thrown from his carriage and killed on the spot. We could not trace the rumour to any authentic source, and would fain believe it to be a weak invention of the enemy." So much for the first fact. As to the second, the obituary of Lord Brougham required not to be written by us. It is to be found in the history of his country, and in a lite of activity redounding alike to his own credit and to the benefit of his country, which has no parallel in the annals of Europe. May he long live to ue the delight of his friends and the terror of his enemies —the vindicator of the rights and the promoter of the velf'are of his countrymen, must be the sincere prayer of every well-wisher of' the human race. (From the Herald.) To perceive that popery is a non-conductor, that it can hold no lasting peace, fellowship, or communion with Protestantism, that all its vows and professions are nothing better than "promises made to the ear, and broken to the hope," we have but to cast our eyes towards Prussia, that " land of promise," whence all our educational improvements are to be derived. There it is you may behold the living fruits of a di vided allegiance—the ecclesiastical and civil powers at open strife. Popish archbishops defying the crown and appealing to Rome ; the prelate of Cologne refusing to submit to the regulations of his Prussian Majesty, re ipceting the children of mixed marriages ; the prelate of Posen breaking his parole at Berlin and stealing away to his bishopric, in the hope of creat ing civil commotions. These are the blessings of a Prussian education, these the evidences that Papists and Protestants have mutually for gotten their religious differences! So long had we heard of the millenium of Prussia—that there " the lamb might lie down with the wolf, the sucking child might play with the asp, and the weaned child put his hand in the cockatrice den"—that we began to think either Romanism had been tamed down by the " Code Frederic," or that Pro. testantism had lost all its peculiarities in pervading in difference. But the Archbishops of Cologne and Posen have put an end to our delusions, and we have scenes now passing before our eyes which may remind us of the pride of Wolsey, and rocal the catastrophe of Becket. IVe ask what would be the. consequence of stirring up similar strifes between the civil and ecclesiastical powers in these kingdoms ? Suppose Popery to be admitted to a perfect equality with Protestantism amongst us—suppose these things to be in London what they are at Berlin—how are we to correct the daring contu macy or ambition of some modern Bonner ?, In Prussia his Majesty sends his officers and seizes the Archbishop in his palace, and commits him to safe cus tody at Potsdam. The people look on, and know they arc living under an arbitrary Government—but here, the whole kingdom would be convulsed, every one would take his part in the dispute. The mobs of Birm'nghans in the days of Priestly, or of London in those of Lord George Gordon, would be continually reminding us of the age of the millenium. We deem it fortunate, per haps we might have said providential, that such an out break should have occurred in the present age, and in the heart of Prussia. It sweeps away all the dreams and lies of modern infidelity. It speaks with the voice of thunder to rouse us from our lethargy. It tells us that neither the terrors of Prussian dungeons, nor the cbilil4 effects of German theology —nor time, nor place —nor art, nor science, nor any other category, can deprive Popery of its " immortal hate" of Protestantism, and of its never-dying efforts at universal dominion. With such spectacles before us, we may smile at all the smooth sayings of Dr. Crolly at Cork, of Mr. Wyse on the Treasury Bench, or of Mr. Shill at the Privy Council. O'Connell would have us believe, ac cording to his last after-dinner oration, that Popery is so much in love with Protestantism, that Messrs. Wyse, Sheil, and O'Ferrall, are sitting up, night after night, for our moral and intellectual improvement—devising schemes of benevolence for the Saxons. Yet the Popish scoff breaks out amidst all this dissimulation, and our " bishoprics are tumbled down like nine pins." The truth is that the inbred scorn, hatred, and contempt of Popery for Protestantism exceed even the powers of the most jesuitical sophistry to disguise. Ever conscious and mortified that she owes all her apparent improve ments to her antagonist, Popery affects to shake hands with Protestantism at the very moment she is secretly cursing in her heart., and is contriving her ruin, when she oilers the Judas kiss of national education. to mental and If Popery were really friendly even moral im provement, why is it that she never even a ff e cts this love, but when she is urged ouly co:aiections with bezetie sLataz iluti IL been 111(. 4 ,.. 3 ,t, a „ t i , oni.4 „ l : a l to Popery to encourage national education, we should have beheld Italy and Spain and Portugal in a very different condition ; but darkness, ignorance, and credulity are her natural offspring and companions. When forced, by her connection with Protestants, to befriend arts and civilizat'on and literature, she is always jealous and uneasy—at once clamorous and querulous—" ready for treasons, stratagems, and poi Hence these quarrels with the Russian government—hence her desire to ob tain the inspection of our English schools'--hence her pretended love of universal t o l erat i on . this is " Popery in a mask"—acting a part to obtain a pur pose. To see her without disguise, you should see her at Rome, at Naples, at Madrid, at Lisbon. You will never hear her there prating about national edu cation. Tais is done only in condescension to heretics. FROM THE EVENING PAPERS OF SATURDAY. (From the Courier.) The education of the people has ever been the grand object of the Protestant Church ; rather than leave the child without education they would consent to it in cases of difference of creed, without reference to religious instruction. And in this, they but follow the instinct of the Protestant religion. By education and the progress of knowledge among the people, the errors of the Roman Catholic faith were exposed. As the light of knowledge dispelled the darkness of religious superstition in former times, so it is felt that with the increase of knowledge the cause of true religion cannot but be promoted. By edu cation the Protestant Established Church has every thing to gain, and nothing to lose. In proportion to the ignorance of the people the Roman Catholic faith has the deeper root and the firmer hold. It is the very maxim of the Protestant Church to say, " Reid, reflect, examine, and decide accordingly ;" on the contrary, it is the maxim of the Roman Catholic Church dogmati cally to lay down the ru:e—" do not read, do not exa mine, but let your belief be determined by other men's will." In the termer case, Education is the ally; in the lat ter, it is the opponent of its Church. If it, be to the inte rest, therefore, that the people should be universally edu cated, to what better hands, as a matter of policy for the advancement of the end, could their education be entrusted than to the clergy of the Protestant Church ; whose interest it evidently is to spread knowledge among the people, that they may be the better able to understand the merits of their creed, and be the more strongly imbued with the desire to uphold and ex tend the influence of their Church. The Clergy of the Established Church ask that they may be permitted to take charge of the education of the children of the poor ; they say to the Government, do not throw difficulties in our way, but as the Protestant Govern ment of a Protestant State, afford to its Protestant Clergy all possible facilities for training the children of the poor in the religious faith which we all profess. (From the Globe.) The Standard having discovered that a certain Char tist of the name of O'Brien, who suffered the unplea santness of being locked up for a night lately, which we regret, but which is an accident apt to happen to gentlemen who go about preaching that all pri vate property and existing occupations and trades are nuisances--except that of traders in the unstamped papers, and National Conventions—employments which the laws have unhappily knocked up, and by so dning (the above-named gentleman asserts) have deprived him of the means of making at least a thousand a-year by mischief-making—the Standard, having discovered that the above-named personage, who has never made himself marked in any way but by undiscriminating frenzy against the whole order of society (a madness which we now find had a method in it, by his talk of a thousand a year)—is " a gentleman vastly Mr. O'Connell's superior in birth, education, and manners, and of a much more honourable character" —the Standard having dissovered this—we do not know by what length of intimacy, or by what intuitive sym pathy of congenial souls, similar to that which linked it in affectionate friendship to that other physical-force gentle man it so greatly respected, Mr. R. Oastler—goes on to tell us that nothing like O'Connell's excesses can be im puted to Mr. O'Brien," and yet the Government, which prosecutes that gentleman, pampers and encourages the Irish traitor." " Will Lord Melbourne cause Mr. O'Connell to be proseuted for his Mallow speech ? The question must provoke a smile from every reader. Yet 'justice to Ireland' would demand that the same measure observed in dealing with Mr. O'Brien, or any other Chartist, should be employed towards Mr. O'Connell. Now we will an swer this question by another. Would a Peel Govern ment prosecute Mr. O'Connell for his Mallow speech, and for having affirmed (for that is the head and front of his offence in that speech) that the Lords are " a sworn confederacy against the rights and liberties of the Irish people," and that there is no hope for Ireland but (by inuenclo) in national independence ? Would a Peel Government prosecute Mr. O'Connell for these repeal doctrines ? If so, may we be g to ask why the Wel lington-Peel Government did not do so in 1830, when the same doctrines were uttered, and when the Birmingham Union sprung up in England, under the vigorous rule of Toryism ? Why were not these Irish doctrines put down then, if they should be now ? The Tory Government never took a step, nor would now, to prevent their utterance. (From the Standard.) It is a device, now somewhat of the stalest, that the Globe or (rather the Privy Council Committee writing in the Globe), attempts to play off . in its yesterday's article on national education. It is of the following description :—First, constantly and obstinately persist in ascribing to your opponent sentiments which he does not hold ; which, on the contrary, he sedulously dis avows ; but which are odious in themselves, and therefore convenient to be attributed to. him. Then watch your opportunity, and when it is impossi ble to keep up the delusion any longer, contrive suddenly to discover, with affected delight and sur prise, that your opponent has seen the error of his ways—that he has been subdued at last by the force of your arguments, and admits that he has been all along in error, and is now compelled to succumb to truth. By this double device, you first keep up, as long as possible, a prejudice against your antagonist ; and then, when this can no further be maintained, you claim an important triumph over him. And this has been, and is now, the miserable device of the Globe and its assistants of the ministe rial press. How many hundreds of times have they deliberately asserted that " the Church demanded to have the whole education of the people entrusted to her exclusive care," that " the Clergy insisted en grasping at the entire public grant for the purposes of education," and the like in every variety of phraseology ; every single writer who indulged in these deliberate misrepresentations well knowing that all that the clergy and the friends of tile Church de manded, was, that things should be left as they were, National public g Society, "ln t divided, i d r e the eas Church, heretofore, and between the the British and Foreign School Society, for the Dissen ere, and the Dissen ters. At last, however, this falsehood is thoroughly worn out, and the Bishop of Exeter has Uri:, given it the coup de grace. In an authoritative manner, and with a voice which must be heard, his Lordship denounces and extinguishes the slander. Forthwith the second part of the device comes into play, and al though his Lordship says nothing which has not been said by Churchmen generally thoughout the entire controversy, a cry is set up, wholly based upon the pre-' vious fiction—that the Bishop has been converted—that he sees the error he had fallen into, and admits the pot , : rectness of the Ministerial principle. RO3 Kl 9 .16,0 U JOCKEY CLUB'S DECISION—WAKEFIELD p. , &meas.—The case of " Wakefield v. Sowers'.' *Was_ brought before the Jockey Club at the last meeting:, The decision of this tribunal has created much siirprise. It appears to have been acknowledged by Mr. Somers and Mr. M'Donough, his authorised agent, that the bet was obtained by wilful misrepresentation. If this be' the case, is it not most extraordinary that Mr. Wake.. field should be adjudged to pay half the sum claimed, he having publicly declared the bet off before the race, because of its having been fraudulently ob 4 ,:ained ? It is argued by some that a bet once made cal the money staked (which was the case here) cannot be declared off by any power but by the consent of both parties. So be it, then ; but if so be it, Mr. Wakefield should have been adjudged to pay the whole sum, and such an expression of opinion of the transaction, issued by the Jockey Club as to have precluded the possibility of the party accepting the money, although proffered. The case is by no means concluded, as Mr. Wakefield means to appeal ; and it is well it is so. Surely some rule ought to be added to those already published to meet a case of this kind ; in any great ;race we, the public, being liable to the same imposition, and on ex planation should we he lia ble to be cond temned to pay half forfeit? The laws o f the Jocke y Cl ub want revi sion sadly, or is it that in c onse q uence of th e unpa ra ll e l e d ------- ----- ---- --- -- untoward events that have , I mi g ht sa y , disgraced the I t i s w i t h surpr i se t h at we fi n d t h e J ourna l year ? I might instance as one case the bo m b ast t h reat des Debats, a paper in some quarters said to be in com- Ps'a.on of that af- munication with the French Ministry, so often repeating the falsehood that the British Government had joined signedtoi f o 11 n lr. againsttli e h e p o a b tpi a ie l o d rs , e o expressiveof membersP e u l i noc of o n to. theirti r le i e opinion Jockeytco - Club who with that of Sain in recommending the immediate re fair, and the refusal of those gentlemen to meet th e lease of Don Carlos. Now, so far from this being true, charge. Is it that the house divided against itself has we can state from information which admits not of doubt no confidence in its foundation—is ignorant of its own that the British Mission in Paris presented to the French strength ? If it is, we can no longer refuse our sanction Government a written request that, under existing eir• to the conduct of those noblemen and gent l emen who Court of cumstanees, Don Carlos should not be set at lib er t j prefer see ki ng the superior justice of "th e y, and thus possibly be. enabled to assist in c on ti nu i ng t h e Law," w hi c h nev er could refuse Mr. Wakefield its h ope l ess res i s t ance o f thoge rebels who still h o ld arms verdict, provided it is true, as published, and publicly against their Queen. We deem it necessary to give reported, that " Mr. M'Donough, on the part of Mr. this positive denial to the French journal, notwithstand- Som e r s , ac k now l e d ge d h e had no authority to make the i ng the expressions of disbelief with which our well declaration about the horse starting, by which means informed Morning Contemporary, the Chronicle, has only the bet was obtained."— 3401 ning Pis/. already met the unfounded assertions of the Journal des GREAT WASH DRAINAGE.--A meeting to Debats.—Obserrer. consider the expediency of, d an_ objections to, this great ULSTER RAILWAY. --The t ra ffi c on t h e ran undertaking was h e ld at %Visbech la s t F r id ay. Among way i s increasing steadily and satisfactorily. A splen a very numerous assem bl age of gentry we noticed Sir W. did new locomotive, the Spitfire, of seventy horse power. B. Folkes, R. G. Townley, Esq., M.P.,- R. J. Eaton, has been added to the engines formerly plying, and Esq., M.P., G eo rge Pryme, El., M.P., the Rev. works admirably, having made a t r ip, d ur i n g th late Algernon Peyton, &c. Lord George Beutinek took . Maze races, in ten minutes, or at the rate of about :• • , the elealc.—Camb,idBe' C;;;,,detc. v I fort-eix English miles an hour l—Beijiect News Letter. . , DESTRUCTION OF THE GRANGE PAPER. MILLS, AT BERMONDSEY, BY FIRE. Late on Friday night last a fire, which in extent has been the most destructive that has occurred in the metropolis for many months past, took place at the Grange Paper-mills, the property of Messrs. Thomas Pewtress, Benjamin Low, and James Pewtress, in the parish of Bermondsey. They are situated on the south side of Blue Anchor-road, surrounded by nursery-gar dens, and detached from any other premises. The mills consisted of three distinct buildings, known as the engine and machinery department, store or finish ing house, and manufactory, but all having a commu nication. It appears that the fire was discovered by one of the R division of the police force, 84, who was passing down the road, which is upwards of a hundred yards from the mills, the approach being by a narrow avenue, called Mercer's-lane ; be per ceived a glare of light issuing from the basement of the factory chimney. The circumstance being un usual at that period of the night, he got into the .grounds attached to the premises, and on com ing to the spot he found the " dusting rag house" in flames. He instantly raised the alarm in the neigh bourhood, but before any one came to his aid the fire had burnt into the store-rooms, which 'being closely packed with upwards of forty tons of newly-manufac tured paper, quickly assumed the same appearance. Before ten minutes had elapsed after the discovery, the whole atmosphere was illuminated by the conflagration for a considerable distance round, and which was the means of attracting a large concourse of persons to the scene. The police very promptly sent off a messenger on horseback to the different fire stations in the metropolis, and very shortly a great many engines reached the spot. The first to arrive was from the station in Rotherhithe, and followed by those of the Morgan's; lane, Southwark-bridge-road, Watling-street, headed by Mr. Braidwood, the Superintendent of the brigade force, and others from many more stations. Directly Mr. Braidwood arrived on the ground his attention was drawn to the manufactory, which the fire was approaching with fearful rapidity, and it con taining machinery to the value, it was as serted, of several thousand pounds, he directed the whole of his men to exert themselves in the pre servation of that building. At this crisis, it may be stated that the fire was at its highest vigour, and from the combustibility of the materials that the buildings were built of, chiefly wood, and the strong wind then blowing, there was apparently very little chance of saving any portion from total destruction. Out of the great number of engines that drew up only three of them could he got to work, in consequence of the want of water. What was obtained was from a ditch that runs past the mill, and which was very scanty. Several times the engines were choked up with mud, and a stream thrown on to the flames. The hose of the engines were conducted into the interior of the factory, and the firemen combated with the flames in a manner that drew forth much praise, and though beaten back once or twice by the intensity of the fire and smoke, they .ained their position, and main tained it until they effected the preservation of the factory, an achievement which met with loud cheering from the assembled multitude. The fire con tinued burning till near two o'clock in the morning, but no further sacrifice of property took place. The ex tent of the damage, however, is very great, the greater portion of the mills, comprising the store and finishing house, engine -house, with press-room, being wholly burnt down. The fire is supposed to have happened by the overheating of the flue leading from the furnaces under the boilers of the steam-engine to the faCtory chimney, and the dusting -rags in the dusting house, which adjoins, taking fire. All the work people left the place at seven o'clock in the evening, when the premises appeared perfectly safe. The firm are insured in the Victuallers Fire-o*e, and the loss is reported to be between 1,5001. and 2,000/. COL. PASLEY'S OPERATIONS AGAINST THE ROYAL GEORGE. The strong tides, co-operating with the unsettled weather of last week, have materially interfered with the successful progress of these interesting operations. Nevertheless, something has been done almost every day. A huge breast hook, large fragments of timbers, much planking, both interior and exterior, riders, knees, and various other items, have been daily fished up, and now form a high pile in the dock-yard. No more guns, however, have lately been got hold of, but on Tuesday last a few human bones were found, and near them a silk handkerchief of a rusty black colour, and not rotten, but still strong enough to bear being washed! This conservative power of mud, or clay, has also been most curiously exemplified in the case of vege table fibre, by a portion of a cable lately brought up from the wreck of the Royal George. A length of junk, as it is called, consisting of a piece of a cable 23 inches in circumference, and about eight feet long, was recovered, and being unlaid and the yarns taken out, they were found to be so good that a short piece of one of them bore a weight of 1931 b., and broke only with a weight of 1951 b. The following very curious experi ment was then tried : A piece of cablet or rope, measuring two inches and a half in circumference, was made out of the yarns from one of the strands taken from the old junk of the Royal George, and marked No. 1 ; another tablet, also of two inches and a half, and 20 thread yarn, spun and tarred in 1838, was made, No. 2 ; and a third, of the same dimensions and number of yarns, spun and tarred according to the old method, in 1830, No. :3. These three tablets were then exposed to the usual test of strength by weights in the dockyard, when, to the great astonishment of every one, the following were the results cwt. q. lb. Na. 1. Made from the old 'junk saved from the. Royal George, after being 57 years under the mud, bore a weight of Na. 2. Spun and tarred in 1838 No. 3. Spun and tarred in 1830 We intended to have given our readers some acecunt of a remarkable difference from the modern plan of building, which has been detected in the construction of the upper part of the stem of the Royal George, or that which is called the " knee of the head ;" but we could not make it intelligible, we fear, even to profes sional men, without the assistance of a drawing. We advert to the circumstance, however, in order to call the attention of our shipwrights, especially of those able and observant men in her Majesty's 0621;yard who were educated at the School of Naval Architecture (now so unfortunately done away with), and who, we have no doubt, may derive many useful hints from carefully studying these fragments, which have successfully with stoo:l tho wear and tear of more than half a century of sub-marine action. For the rest, we distinctly perceive that even the energy and perseverance of Colonel Pasley and his hard-working people, sappers, sailors, divers and miners inclusive, mus:`, yield to the elements, and presently " knock off" till the longer days and finer weather of a fresh season enable them to recommence and compli.te their great operation, which hitherto has been carried on without any accident, except one, which was entirely independent of the weather.—Times. STATE OF TRADE. (From the Leeds Mercury.) Titans OF LEEDS.—There has been no improvement in the sale of goods at our cloth halls this week, as compared with the last. few weeks ; on the contrary, there appears to have been a falling off in the demand for the coarser description of goods, to which the mildness of the season his in some 'measure contributed. Nei ther has business been - quite so lively in the warehouses 'this week as last, which may in a. great measure be ascribed to the same cause. Should cold weather set in, a better demand may be expected, as the drapers generally have been purchasing with extreme caution for some time, and the stocks in their hands arc consi- dered to be much lower than usual at this season. BARNSLEY LINEN TRADE.—Some slight alteration for the better seems to have taken place during the past week in the fancy trade ; in the plain business there is no alteration to report this week. ENGLISH WOOL.—LEEDS, OCT. 25.—We have not had any alteration in this market during the present week ; and, therefore, refer to our recent reports. WAKEFIELD WOOL MARKET, OCT. 425 —Without being able to quote a decided advance in price, there has been more inquiry, and a greater extent of business done in all kinds of long wool ; and stocks, as last re ported, continue exceedingly bare. Clothing and blan ket wools are dull of sale, and stocks in the latter de scription are accumulating. YORK WOOL MARKET, Ocr. 24.—There was no business whatever done to•day, and the market may now be considered as closed for the season. DUTCH AND HAMBURG MAIL. BRUSOEMS., Ocr.2l.—The King arrived at Wiesba den on thie I.(9th, in the evening. For s ome days workmen have been employed in erecting t %overs for the purpose of establishing a line of telegraphs, from Brussels to the frontiers of France. The first post is at Forest, and the last at Quievrain. Mr. J gm. Cockerill's establishment at Seraing will be put up for sale by public auction on the Ist of March 1840. BRUSS CLS, OCT. 25.—M. de Munchausen, Envoy Extraord ;awry and Minister Plenipotentiary from the King; of Hanover to the Court of St. James's, has been entrusted by his Sovereign with a spe cial missi on to the King of the Belgians. He has had an as dience of his Majesty at Weisbaden. This mission is on occasion of the opening of official relations between i he two countries.—Moniteur Belge. We he ar that the King is expected back from Ger many oa t Saturday, the 2d of November. THE .AGUE, OCT. 9 5.—Yesterday, in the Sitting of the ' Second Chamber, a Royal Message was read, announ eing that his Majesty had selected from the three candid; ttes proposed to him, M. 0. Van Swinderen Van R ec,,s,uma, to be President cf the Chamber during the Ses sic 'n. That gentleman took the chair accordingly. Four I Loyal messages, with so many projects of law, were read , and likewise the King's resolution, appoint ing M. A Van Gennep to be President of the First Chamber during the Session. THE 13 AGUE, OCT. 25.—1 n the sitting of the Second Chamber to-day, his Excellency the Minister of Finance introduce :1 three projects of law relative to the Budget. The first fixes the amount of the Budget for the year 1840 at the amount of 56,378,400 florins, viz.:- 1. The King's Household 2. The Secretary of State and Superior Boards 534,100 3. Fort ign Affairs 4. Justi Ice 831,600 1 ,468,000 5. The interior 6. The Reformed Church 1,391,200 7. The IRoman Catholic Church 8. The Marine 9. Fine si . :es : A. Ni a joint Debt 21,458,205 B. Er enses of the Department, 1 ?e nsions, &c 6,111,795 10. War 14,190,500 _ 11. T 1 la Colonies 94,000 Total Besid• 3s 5,600,000 for paying the interest of the 5 per cent., a nd half a million for extraordinary expenses. Tb a second project of law is for fixing the ways and means :for 1840, among which is the sum of 11,200,000 francs ;to be contributed from the colonial revenue. Tb e third project of law relates to debt charged on the c a ionies to the amount of 56,000,000, for which bonds bearing 5 per cent. interest shall be issued in 1840.. 'ft to five millions to be paid by Belgium are omitted in the, . Budget, the arrangements for the transcription of this m are to be settled by reciprocal agreement. Amo n i g the expenses of the financial department is the sum ol ' 4,500,000 for the Syndicate, which payment is indis, ae) asably necessary to that department. Tlma Minister in conclusion said, that at present no propo ss ul was made for paving off and radeemiug of debt. This m easure must be delayed for a time, partly on accon ,n t of arrangements with Belgium not being com plete, 1.. —partly on account of the state of the Syndicate itself It is intended, however, to call the attention of the Ohl umber to this subject as soon as possible. Alf IS'TERDAM, OCT. 25.—Very little was done to day i n Dutch Stocks, because people are waiting for the financial measures to be brought forward to-day by the finister of Finance, which could rot be known on chan ge. All descriptions were on this account rather Lowe r, 'especially the Syndicate. Ardoin's cannot keep up bare against the continued declines of Paris, and were to -day again per cent. lower than yesterday. With.at it any particular motive there was rather more busin ass in this stock. Mexican Stock was more in denar:ni I, and rose about per cent.—Dutch Papers, Octobe r 26. rsELGIAN k UNDS—Bitvants, OCT. 25. Actual Debt, 2% per Cent. Rothschild's Loan, 5 per Cent 11)1 Loan of Thirty Millions, 4 per Cent. 0214 3 per Cent. 71% Loan of City, 1832, 4 per Cent l5 Society of Commerce, 4.,per Cent ll4 Bank of Belgium, 5 per Cent.....— ...... National Society . Exchange on London (short) —Brussels Papers, Oct. 25. DUTCH FUNDS.—AMSTERDAM, OCT. 25. Money. Bills. Actual Debt, 2% per Cent Ditto, ditto 5 per cent. Amort SYndic, 4% per cent 9214 93 'Ditto, ditto, :34 perc en t. 77% Commercial Company, 4 , , per cent l7l 172 Ditto (1332 and 1833) 5 per cent. ...... 100% 100% ID'tto 1837, 5 per cont. Loan 1837, 5 per cent. Exchange on London, One month l2 0? i„ Two month 3 ...... 11 875 —Dutch Papers, Oct. 26. AUSTRIAN FUNDS.—VICNNA, OCT. 17 Five per Cents. Metalliques Poet per Cents. Three per Cents. Bank Shares 1552 Zcitung, Oct. 22 PRUSSIA'S FUNDS.— BERLIN, OCT. 22. Mils. Money. St. Sch tad. Sch., 4 , 4 per cent. lOl% 103% Prussian English Loan, 1830, 4 per cent 102% 102, 11:tchange on London, three months 6 21% —Prussian State Gazette. Oct. 23. HAMBURG BORSEN II ALLE, Austrian 5 per Cents. ..... 105% 1054 Bank Shares /537 1524 A n„lo-Russiati Loan 11 0 34 1064 Russian 5 per Cent. Ist series, Certificate Mt.% 1014' Inscription, Ist Series Russian 5 per Cent. liep.! and Co. 3d and 4th Series 974 97 Ditto in Certificates Dutch Actual Debt, 24 p e , C ent. SIU 5 per Cent tWs. Polish Bonds New ticket Anglo-Danish Loan, 3 per Cent 714 7.,%, Norwegian Loan, 1834 , 4 per C ent... Spanish, New 3 per Cents. 244 EXCHANGES ON LONDON. _HAMBURG. PCT. 51, —Two months, 13 234. PETERSBURGH, OCT. IS. Two months, 29 11-16. CHRISTIANIA. OCT. s.—Three months, STOCKHOLM, OCT. IS.—Seventy.five days, 11. 30. VIENNA. OCT. 10.--Three months, 9. 18. Lunste, Ocr. 21.—Two mo ths, G. 14. LATEST NEWS FROM THE EAST. (From Marseilles journals of the 23d inst.) A letter from Alexandria, dated the 7th instant, in the Semaphore, states that since Reschid: Paella had become the most influential member of the Divan Eng lish influence was in the ascendant, and Lord Ponsonby was urging the organization of another Turkish army, which would be ready in eight months. The SC'lll a. phone's correspondence from Malta has the follow ing " The Sesostris, which arrived yesterday from the Levant, brings us news that the tranquillity of Con stantinople is in a very precarious state. The manu factory of fissis (red leather caps), belonging to the Sultan, had been burnt to the ground. This is attri buted to some incendiary, as the Turks of the ancien regime dislike this reformed head-dress. And yet all subjects not in the army are now allowed to wear the turban ; but this fire was perpetrated to show their re pugnance to the fessa fessi. This fire took place on the 7th, alter the departure of the Sesostris, but the pas sengers heard of it at Syra from the captain of an Austrian steamer. Here is another immerre loss, in addition to so many others, for the young Sultan's treasury." The Sud's correspondence from Constantinople of the 7th instant confirms the accounts of the Smyrna Papers tou c hi ng t h e great sensat i on produced by the recal of Admiral Roussin ; as also that the influence of Rescbid Pacha was daily increasing, whilst that of Halil Pacha threatened soon to annihilate the sway of Chosrew Facha, whose physical and moral energies were declining: Hafiz Pacha was not to resume the command of the army, and had been ap pointed Governor of Erzerourn. The Porte had 23,000 men at Malatia, and it was concentrating upon that point all its disposable forces, for a march upon Beledjick and Diarbekir, in order to reassume a defensive attitude. This fact ought not be lost sight of. " The Porte," adds the Sud's corres pondent, " begins to be seriously uneasy at the slowness of the negotiations. Uncertainty as to ' the future, disorder in the army, finances, and adminis tration, discontent among the population, ruin of com merce, such are the inevitable consequences of such a state of things. The Ottoman Cabinet, feeling these dangers, has addressed to the five Powers a most press ing note, in which, after declaring that it will decide upon nothing without their concurrence, demands a prompt solution. An evasive answer will no doubt be given. Conferences will be opened at London, and then nobody can tell how long it will be before this desired settlement is came to. In the meanwhile Admiral Lalande has declared that the combined fleets cannot remain more than a fortnight longer at Besika Bey ; their departure will give Russia a fine game to play." An Alexandria letter, 7th instant, gives the following account of the narrow escape from drowning of the Viceroy of Egypt The Turco-Egyptian question was near being decided the day before yesterday, with out the intervention of the Powers. Mehemet Ali, who is at this moment on an excursion on the Nile for his health, or rather to get rid of the importunities of the Consuls-General, was on the point of being drowned with the crews of the two boats who were taking him and his suite to Cairo. At Cafreries-el-Maja, a gust of wind upset both the boats. Forty persons, including the Viceroy, disappeared for an instant under the water. But assistance was soon rendered to the Pacha, and his activity and presence of mind contributed in a high de gree towards preserving from destruction all who were with him, and not one was lost. Mehemet Ali did not resume his route for Cairo until he had ascertained that all had been saved. The accounts from the army of Ibrahim Pacha are favourable, and the malicious reports which have been spread of a revolt in Syria are utterly unfounded." On Friday the Lord Alayor and Lady Mayoress gave a grand military banquet to nearly sixty officers, Deputy-Lieutenants, Officers of the Queen's House hold, &c. Every one in .:he room, with the exception of one gentleman, was dressed in military uniform. LATEST NEWS FROM THE MEDI- TERRANEAN. (From Maltese Journals received to the 12th instant.) " The Hastine e‘ s,ship of the line, left this port to jotte the s qua d ron on Sunday last. The Beacon was to leave Smyrna for Athens on the 26th, where she will be joined by the Magpie. Both these surveying vessels will be paid off very shortly at Malta, and be recommissioned by their respective commanders. The officers and crews will re-enter or not at their own option. The Volcano is at Alexandria, waiting the Indian mails,* where the Zebra brig of war arrived on the 15th ult. Commander Stopford immediately waited upon the Pacha, for the purpose, as it is rumoured, of making once more an official demand on the part of the allied Powers, that the Ottoman fleet be restored to the Sultan, but on the ' plea of seriaus indisposition his Highness did not grant him an audience. The Wasp sloop of war is at Gibral tar; the Tribune f igate and Jaseur brig- of war arc on . the coast. of Spain, and the Talbot is on the lonian sta tion. The Benbow ship of the line may be hourly looked for from Lisbon. "By her Majesty's steamer Coefiance, which ar rived on Thursday from Beshika, we have accounts of the British and French squadrons to the Gth inst., on which day the Hydra, which left this port on the 2d j with the despatches and London mail brought by the Hermes from Gibraltar, had arrived, as well as the Rhadamanthus from Constantinople, with deepetchee, said to be of importance, from London. The Zebra had returned from Alexandria, with a fresh (the fourth or fifth) refusal of his Highness the Paella to deliver up the Ottoman fleet. Her officers report, that both the Ottoman and Egyptian fleets had been refitted, and were in every respect ready for sea. Indeed, it was currently rumoured that they were shortly to leave Alexandria under the orders of the Capitan Pa c h a , w ho may probably think it neces sary, when once well out at sea, to carry the Egyptian s a h t i e Psto treachery.the young We, Sultan however, by way must giveofrep reparation tion the credit of being too wide awake' for a measure of this " sort, and m ust th ere f ore l eave our rea d ers to f orm th e ir own opinion —first and foremost, as to the truth or Pacha his l for untruth of the rumour of the contemplated sating of . the fleets ; a n d secon dl y, if true, as to what. is their 1 destination, object, or likely result. " Strong gales of wind prevail at Beshika six days out of the week. There is not much chance of the ships wintering at Malta this year. One or two line.of battle ships will, it is said, remain at Beshika Bay, whilst the rest of the squadron will seek a safer ancho rage at Vourla ; the French will adopt the same pre:- dent measure, part going to Port Olivier, in the island of 17teline, and th e rema i n d er to S myrna: " his latter squadron has been reinforced by another , liner, another frigate, two corvettes, and two brigs. Two other steamers, another liner, and a corvette, are still looked for from Toulon. " The Rodney will not come down, as her new main mast will be sent up from this dockyard. Capts.in Parker is to hoist a Commodore's broad pendant as second in command, by orders from the Admiralty. P On the arrival of the Hastings the Pembroke would be sent to England, calling at Malta. The Minden will be relieved by the Benbow. The Rodney and Asia • remain out for the present. " Lieutenant Downes has exchanged with Lieute nant Hutchinson of the Zebra. Beyond the Ceylon's (flag ship of Sir John Louis). hauling out from Senglea to the fair weather buoy, and the arrival, on Wednesday last, of the Phoenix steamer from Eng- 1, land and Gibraltar, we have nothing new to notice in the way of naval movements is our port during the past week." The Pole:fog& 2l7olfese of the 14th inst. announces the arrival, from Beshika Bay, on the 13th, of the Ta lavera ship of the line. The Confiance steamer had I likewise arrived in Malta, having been sent off by -Ad miral Stopford, on receipt of the despatches brought from Constantinople by the Rhadamanthus. There was no appearance of any movement in the fleets. It was reported, but not credited, that the Admirals had ob tained leave to enter the Dardanelles, in case the wea ther should,oblige them to look for shelter. A malignant fever had appeared:among the crews of both fleets, but with most intensity on board the French vessels. The schoolmaster of the Implacable had fallen a victim to the malady. One of the Lieutenants of the 'Talavera had been tried by Court-martial, but honourably ac quitted. The engineer of the Confiance steamer bad likewise been tried, and discharged from the service for drunkenness. It was thought that the Talavera would leave in a few days for England. The Pembroke was also expected from Beshika Bay, where she was eo be replaced by the Hastings. Advises from Malta of the 16th instant mention t. llO arrival in that island of the British war steatne r i Phoenix, on her way to join the squadron of Admiral Stopford, who would then have under his orders four I steamers, three of them of 220 horse power. Tho accounts brought from Alexandria by the Volcano, which left that. city on the Bth, repeated that Mehemet Ali was keeping aloof, in order to avoid communi eating - with the foreign Consuls. It was believed that he was engaged in a secret negotiation with the Divan for the adjustment of his differences with the Sultan, without the participation of the Ambassadors, and that a reconciliation had taken place between him and Kosrew The Blazer had arrived in Malta from Gibraltar, with a considerable number of passengers. LOid - Tiiii? donderry and his fimily were expectuti in the next packet from that city, on their way to Naples.- The Meg:era, from Corfu, brought intelligence of some in surrectionary movements in Albania. Tr.e peop!e of Beret, displeased with the governors appoi n t e d b y Mustapha Pacha, had expell e d them from seven or eight districts, and replaced them by the sods of Omar Pacha.. -Mustapha Pacha had incurred - eluivereatle- - odium throughout the province, and several in- I fluential personages who had complained of his administration . to the Government at Constanti nople, obtained no answer to their complaints, had placed themselves at the head of the insurgents. ,A!= ban'a would necessarily remain in its present disturbed condition until peace be concluded between the Sultan and Mehemet Ali, for wherever discontent existed in trigues were to be found and a determination to raise the revolt, in the hope of being supported by the Vice roy, and aware moreover that the Porte was at this moment unable to chastise them. * Alexandria letters stets that the Volcano was otiliged to leave without them, the day of their despatch from Bombay having leen:changed from the 12th to the 113th of September. THE WAR 1N CIRCASSIA. The Commerce contains a letter from St. Peters burg of the 12th, with the details of the taking of t he Circassian fortress of Akulko :—" We have this day received letters from Tiflis, which give the details of a great check experienced by the Russians in the war with the Circassians. General Grabbe (the same to whom an order has been sent to negotiate a treaty of peace or an armistice with these mountaineers), having besieged for three months the fortress of Akulko, which held out obstinately, and wishing to obtain immediate ossession cf this place, which he considered to be of great importance, had sent for a portion of the army of the Black Sea, consisting of the 20th and 21st divi sions of infantry, a large body of cavalry, and four batteries of artillery, and commenced the as sault on the morning of the Ist of September. After the Russians had been four times repulsed with loss, the 20th division, which was commanded by General Galafif f, succeeded in penetrating into the for-. tress by a breach, and then began a sanguinary combat, which lasted until half-past eleven at eight, at 41;ich time the Circassian garrison yielding to superior nutro.:• bers, fled under cover of the darkness, leaving 5 , 62 deack, and 121 wounded, of whom the greater number were recogni,ed to be deserters from the army of the Black Sea. The Russians lost in this affair 5,850 men iti killed and wounded. At the moment whoa the Russian troops entered the fortress of Akulko, Schamadi, Chief of the Circassian tribe o f th e T e nertchenzes, came up with his cavalry, but, arriving too late to relieve the • place, he threw himself upon the Russian cavalry, which he defeated entirely, and took possession cf twelve e of a m rt . ille T ry h'e whichtotal lossthey o abandoned b thea o i n i e u d s s i a a f n t s e r mayhaving e s p o ie ired s estimated at 13,000 men. The Government proclaim the taking of Akulko as a g r e at victor y , whereas this operation has placed General Grabbe under an impos:i bility of continuing the war in Circassia until he shall have received r einforcements, particularly in cavalry." BUENOS AI PIES. Tno Casimir, which left Monte Video on August 0 0tb, has arrived at Havre, with advises from Buenos Ayres. Lamentable details are given of the critical position in which the French residents are placed, being incessantly liable to the extravagant caprice, and sanguinary whims of Rosas. Some intercepted letters had rendered Rosas furious. He had proclaimed that a new con spiracy had been discovered ; twenty-three persons had been arrested, and several of them ordered to prepare for death ; one bad actually been shot. General La velle, had been for some days in the island of Martin Garcia, and had issued a proclamation to the Buenos Ayreans. Several light ships of the French squadrons were cruising between the island and tl e mainland to assist in the operations, the result of which would have a decisive influence on the question between France and the Argentine Republic. THE EGLINTON BANQUET.—The grand din ner to the Earl of Eglinton, the Lord of the Tourna ment, will take place to-morrow (Tuesday). The pre parations are on a scale of great splendour, and a s nag _ nificcnt chandelier was despatched to Irvine, on Thurs day last, by the Messrs. Phillips, of Regent-street, to tour of t the the Noble cele brated Lord illuminate tl:e pavilion . Lord and Lady Willou g hb y d'E reaby and the Hon. Mi ss Willoughby are expected to ret urn t o town in the a he e:ds ui L ng ad % y ve h ek ave fr b o e m en Germany,makimaking a where spas in that country. /~E NING :DiTION . THE SUN, LONDON. MONDAY, OCTOBER 2 , .?• 1839. EVENING L'InTiON.