The Sun. — London, England, 1839-11-14 00:00:00

, k, the ' - The s crir, ' an a Yciiffer vill not age oil apo ol, I be e° a 13'1- ref' it ' r York D a n kr of the a nd s °I rtY I le, a to"' s e P I'4l of org n to 6a _ is op Lis i I. OCI s t f ul l 466,14' Stb 11 , 11 0 . : viog log ` y e t i t oile r 'lr the 251 b a to,„`,, v alle t e i r '1 , 17 seer:o,l6co a te , t he it° licit l :i g t he Ja b ' apC oeka d 'of que nce of fat her - of o b e rs • use to 1 7 ' 4th i° s , i t the JG; to tllO5 Tber e The rI aY F . ridle ortugu en the 1r a for 901 4 Bias 4 511. )i vor til • ; t tbe )g / gli' ;04- SO CIO tee wife t' p ot ° o et r "the t4 'of 36 rOV et OPatoCIC' rot' 71: 1 501 104 0 6 i C6t)r Or , et tO , god i ,bef., oe o OO P Fite , 11 si eli te I ,Ser 11 : a hip - 0 a• ,00 pre EVENING EDITION. LITERATURE. THE STUDENTS' HAND-BOOK _A TREA TISE ON A BOX OF INSTRUMENTS.— THE -MERCANTILE PENMAN. Relic and Fletcher, London, 1839. Few things, in their way, are more remarkable than the great improvements that have been made within the last few years in our elementary works of education. It is not long since the majority of our school books, even the most popular, were filled with the most preposterous supererogatory matters —in fact, seemed written with no other view than to perplex and lead astray. Instead of conciseness and simplicity, amplification, and of the most weari some sort, was had recourse to ; and the young mind was burdened with a collection of pedantic rules which could seldom or never be applied to any useful purpose, first, from the vague, lumbering style in which they were laid down, and secondly, from the almost endless variety of them. But we have changed all this now, and for the better. Day by day our school-books, especially our grammars, are becoming simpler and more intelligible in their character. We condense, where we used to am plify. The Rule, which, with its exceptions and its examples,, would formerly have occupied a page or more of close print, is now packed up in one or two short, pertinent sentences, which conrey quite as much information as is necessary to the under standing of the youthful student. By this process of simplification, not only is much valuable time sared, but a sounder progress is made by the tyro, who is encouraged to exertion by finding that he is no longer, as of old, working like a blind mole in the dark. The unassuming little works before us—each of which, twenty years ago, would have formed a thick, large-sized duodecimo, and even then contained not half as much useful matter as it now contains—are modelled on the new system of elementary instruction ; and of their sort, are far superior to any with which we arc acquainted. THE JEWEL. Groombridge, London, 1839. We have here a. tasteful collection of sacred, narrative, legendary, and descriptive poems, made up chiefly from the works of modern authors Among them, we find Lord John Russell, from whose much-calumniated tragedy of " Don Car los," the editor has extracted the following passage, which we also quote, because we believe it will be new to many of our readers. The line which we have marked in italics, evinces much poetic sensi bility. Indeed we had no idea—for we have never read " Don Carlos"—that his Lordship possessed so much feeling and fancy : "The light is disappearing through the dim And narrow window of my evening ! At this same hour of evening I have stood Upon the borders of the mountain ridge That skirts the plain of Seville : the broad sun In full effulgence o'er a cloudless sky Poured his last flood of brightness ; the brown hills, The aloe hedge, the rhododendron wild, The golden orange, and the purple grape, All seemed as clothed in light—and now, 'tis gone The God of Day is vanished: a low bell The general stillness breaks, but not offends ; All tongues are whispering prayer and thanks to heaven And soon again the light guitar is heard, And aged grandsires with young hearts behold The tender maidens that with graceful step Le4d on the village dance." A TREATISE ON THE EYE. Churchill, London, 1839. A very serviceable practical treatise, written by Dr. Franz, who, it is plain to see in every page, has devoted much time and attention to his subject. SMITH'S STANDARD LIBRARY. Smith, London, 1839. The present part is a republication of the whole of Sterne's " Tristram Shandy," beautifully printed in a commodious octavo form. Ten years ago this work would have cost at least twelve shillings, Yet here we have it for three shillings Verily, if this be not cheap literature, we know not what is ! RULES AND REGULATIONS FOR BILLIARDS. Smith and Elder, London, 1839. The author of this Treatise writes with all the freshness and vigour of an enthusiast, which is a great recommendation to his volume, for what is written con amore, and with earnestness, is gene rally read with pleasure. We could not endure a tame, spiritless Essay on Billiards, any more than we could put up with a mere staid, temperate trac tate. on pantomme. To write so as to be read, upon this subject, a man should go the whole hog in its favour, or leave it alone. This was the peat charm of the late " Mr. Hazlitt's Essay on the Game of Fives." You saw that he was in earnest With his theme, and this conviction ensured your attention, perhaps even your sympathy. Old Izaac Walton was another writer of this stamp ; and so was his son-in,law Cotton : and so is our modern " Nimrod," Apperton. Mr. Kentfield, to whom we are indebted for the volume before us, may claim to belong to the same hearty, straightforward school ; for he is no discreet half-hogger, but goes the whole porker in behalf of his darling game. Billiards is evidently with him a matter of first-rate importance. It is not merely a pastime, but a branch of the Fine Arts. Nay, more ; it is a science, and of the loftiest order. Some mean minds may conceive astronomy, mathematics, and natural philosophy to be of more consequence, and to demand severer application ; but we question much if Mr. Kentfield thinks so. And he is in the right to be proud of his hobby, and ride it with spirit, So far from demurring to his earnestness, We cordially approve of it. Why do we pay such respectful attention to Ude s theory on the skinning of eels ; and Mrs. Glass's hypothesis on the roasting of wood-cocks ? Because we feel that, like Mr. Rentfield, they write in a spirit of generous devo tion to their theme. Mark, with what impressive ness of manner our author commences his preface ! " The object of this work," quoth he, " is to con vey a sound, systematic knowledge, founded on correct and established scientific principles, and elucidated by intelligible diagrams." He then goes on to institute a parallel between billiards and chess, giving, of course, the preference to the former pastime. " Chess," he adds, " is a solitary and silent game." It is " the mathematics of the mind—the encounter of two master spirits." It is clear by this definition that chess is no great favourite with Mr. Kentfield ; and we do not wonder at it, for we can conceive nothing more dull than to sit moodily pondering over a move for half an hour together, Just opposite your adversary, who is quite as silent, and looks besides as grave and perplexed as if he had just read his banker's name in the Gazette. Draughts is another game of the same character, Which no Christian with the slightest pretension to animal spirits can think of without a yawn. But billiards, as our Author states, is quite another thing. It introduces, to use his own earnest lan guage, " a new train of ideas of a gently exciting nature; and while you are playing at it, you have the com f ort of k now i ng, t h at you are " wa lki n g at the of between two and three miles an hour, so that y ou You are absolutely killing two birds with one stone w e r r of all billiard players, emmend this volume to the attt irion tPlityers, for it is the completest work of the sort in he language, the different embellisuag e , b e i ng , i n addition to its rules and regulations, embellished with several Plates illustrative strokes of the game. ST. JAMES'S THEA./;C --:--., After the Sonnant bula last night, in which, bythe almost reconciled us to the absence way, Mi ss C oo per produc e d of G r i s i, a p i ece called A Lord in Pawn was in Pawn is Lord Proxy (Tilbury), wucei`,l* Th e L or d who, The unex pectedly come to a title without a fortu ne , anxious to supply the deficiency by marriage and i s rich widow Huckaback , he fancying that she with th e tiful young lady with whom he has danced at s a a beau " recent ball. It happens, however, that this young lady (who is the neice of Mrs. Huckaback ) is in love witliCar mine (Brindall), a young pain t er , who is painting th e portrait of the old widow in the character of a she p_ Lord Proxy employs a shoemaker of the name . of Bristle (Davidson) as a go-between to the widow, and after sundry mistakes and some confusion the two matches are made, that of the Lord with the widow, and the painter with the young lady. The title arises from a debt of Lord Proxy to Bristle, amounting to 1,2001. for the payment of which his Lordship is in pawn, and the discharge of which, of course, depends upon his marriage. In the end the painter turns out to be the Lord, but the Lord would make but a bad painter. The audience did not like the Lord in Pawn, nor did we, but de morluis nil, we hope the next novelty will be more deserving of success. HOP INTELLIGENCE—WORCESTER, Nov. 9. --The supply of hops to-day, considering the early pe riod of the season, was unusually small, which confirms the opinion now generally entertained, that the present estimated duty for this collection, will not be realised. The market was steady, and prices very firm at the quotations given the previous week. Weighed to-day, 47.5 Sockets of new, 10 week, 226 pockets of pockets of old ; weighed in the new, 50 pockets of old hops, Worcester Herald. RIOTS AT NEWPORT NEWPORT, TUESDAY, Nov. 11, 12 P FURTHER EXAMINATION OF THE PRISONERS. The proceedings were brought to a close at an early hour to-day, becanie the next case—that of Henry Frost, the son of the Chartist leader, a lad of only from 14 to 16 years of age —was expected to occupy a long time; it was therefore postponed till to-morrow morn ing. You will remember that I stated in one of my earliest communications on this subject that this lad had led on one division of the rioters. I understand that this will be proved in evidence to-morrow, however incredible it may appear. Moreover, Frost's son, I learn, was the Treasurer of the Welsh Society of Ju venile Chartists. The Secretary to that Society, a lad of about the same age, it is expected will appear in evi dence against young Frost, and it is thought that a full disclosure will take place of the organisation and plans of these juvenile agitators. Legal assistance has already been engaged to defend him. Several detachments of the troops have been dis patched from Newport to Merthyr, Pont-y-Pool, and other places on the hills, in order to give confidence in those districts to the civil authorities, and to enable them to apprehend more of the rioters, who arc still supposed to be secreted in the neighbourhood. 1 am sorry to say that, from the information received here in the course of yesterday and to-day, there is but too much reason to fear that in all those districts the people are in a very uneasy state ; indeed, so much so, that in many places they are afraid to apprehend the rioters without the presence of the military. Colonel Considine was sent for last night by express from Merthyr. There are now eleven prisoners committed for high treason and sedition. I subjoin their names, as also a list of the other prisoners already disposed of : John Frost, committed for high treason and sedition. Charles Waters, ditto. John Partridge, ditto. James Aust, ditto. Thomas Davies, ditto. Richard Bonfield, ditto. John Rees, ditto. William Jones, ditto. Daniel Williams, discharged. John Rogers ; ditto. Thomas Edwards, ditto. Job Harris, r.dmitted to bail. William Griffith, ditto. 'John George, discharged. Arthur Parker, ditto. Joseph Walter, ditto. John Slugg, ditto. William Chambers, ditto. Henry Jones, ditto. John [lodges, ditto. Thomas James, ditto. James Cantillo, ditto. Henry Charles, ditto. Thomas Aurelius, ditto Absolom Crook, ditto. Thomas CroOk, ditto. William Purnell, ditto. John Thomas, ditto. John Lovell, ditto Solomon Brittan, ditto. George George, ditto. James Morris, committed for a month. John Barratt, ditto. John James, committed for 14 days. Edward Frost, held to bail ini 400/. Thomas Gibson, committed for 14 days. Besides Frost, there are seven now awaiting their examination. There has been an additional reward of 1001., making 2001. for the apprehension of Zephaniah Williams ; there are several other ringleaders not yet taken. TUESDAY, NOV. 12 —.SEVENTH DAY.—The Court opened at eleven o'clock. Magistrates present—The Mayor, Thomas Haw kins, Esq., Rev. J. Coles, William Brewer, Esq., Thomas Protheroe, Esq., Sir Charles Morgan and Octavius Morgan, Esq., Mr. Phelps, Thomas Jones Phillips, Esq., clerk to the Magistrates ; and Mr. Maule, solicitor to the Treasury, was present to assist the Magistrates in conducting the cases. Mr. Phelps conducted the examination. George George was placed at the bar on a charge of rioting. Moses Carde sworn.—l am a police-officer. Saw the prisoner about ten o'clock in the morning at the riots. I went to Mrs. Harrison's about ten o'clock. She lives on Stow-hill. I went to change my clothes. I was in danger o f m y life, an d I wen t t h ere to change my clothes. I saw, before I came out of the house, a man with his arm bleeding, going to Margaret Jones's in Bakehouse-lane. I then saw the prisoner throw down a pike. He was coming running from the direc tion of the Westgate, and he also went into Margaret Jones's. The pitce was about 14 inches long, on a stick about five feet long. I found other pikes in the road before I apprehended the prisoner. I found about 150 or 200 pikes. Margaret Jones.—l am a widow. I live in Bake house-lane. I remember on the morning of Monday week a great riot here. I did not go out of my house that morning. There was a woman also in the house, named Mary Jones. I saw a man with a wounded arm come into the house that morning. I was in the same room. He said nothing when he came in. I did not know him, nor did Mary Jones know him. In about an hour another man came in. I did not know that man. He only asked the man with the wounded arm how he did feel himself, and the wounded man could scarcely give an answer, but he said "I am very bad." The two men did not appear to know each other. The second man sat down, and then the policeman came in. The policeman asked the man to let him seach his pockets. The policeman took nothing out of his pockets but a card. I did not read it ; but I heard the policeman say, " Ebbro vale " (the card was of the Ebbro Vale and Beaufort). The po liceman then went to the door. Ho had two of the spears in his hand, and the card. The men ,had the spears in their hands when they came in. I should not know the man ; I do not know the 'prisonei. The prisoner, on being asked if he had anything to say, said, " I were pr e ss e d, Si r ." I b e l ong to Sirhowy Iron Works. I was in the house, and could hear a great deal of noise about the road ; then I ran out of the house ; then I tried to make my way from them. Then we went on about four miles. There was a lot of people before me. I could hear them talking, and I could hear another lot come after me. They then hal looed out, " Holloa! who's there ?" and then they asked me my name, and where I was going. I told them I was going down to my father in-law's—he was very poorly. Then they told me that I was bound to come along with them. I begged them to let me go to my father-in-law, and they told me I should not, as I was bound to come along with them ; and I came for fear of my life. I came down all the way with them to the road that turns from the tram road. After that I could see the people running back. I asked what was the matter ? They said the soldiers had been firing there. They all went on, and I came down. I saw two men lying shot before this house. Then I turned back to some little lane. I met a policeman coming towards here. I went on by him. I went to this here house, same as the old woman said. I turned in, and I saw a man in a chair. I asked what was the matter with him ? He told me he was shot in his arm. Then I asked him, how did he find himself? He said he was very poorly. Then the policeman came in, and I was taken into custody. The prisoner was then committed on a charge of high treason and sedition. James Morgan and James Needs were then placed at the bar, charged with being concerned in the riots. There being no evidence against them, they were ad monished and discharged. [A communication was received at this moment by the Magistrates, to the effect that the rioters apprehended in Tredegar had been bound over to keep the peace.] John Bowden, 71 years of age, and Lewis Thomas, were placed at the bar, charged with sedition. Isaac Vean sworn—l was on duty on Monday last as a special constable, on the Rises road. Mr. Becken ham and me were together. We went down about a mile and a-half between the hand post and the high cross. We observed a number of people coming down the other pitch. There were about forty or fifty com ing in, three or four together, talking. Some passed with arms on our right. I said there were plenty behind to take them ; we would see who came next. The prisoners were amongst them. There were a great many parties coming up, some from forty to fifty yards apart. I asked the old prisoner, " How far have you come?" He said he had come from Powlais. lie said he did not know how far he was going. He said he had two sons here somewhere, but he did not know where. When we came to Stow-hill turnpike they wanted to go the road down to the Friars. I told them " no," they were our prisoners. We brought them to this room, and they were searched, but nothing was found on them but some bread and cheese, and on the younger prisoner a blue card. I heard it read ; it was one of the Working Men's Association cards. The prisoners were remanded. John Jones, a lad of about sixteen, was charged on suspicion of being concerned in the riots. The prisoner was discharged after a suitable admonition from the Court. Absalom Crook Thos. C roo k, an d Willi am P ownall, wer e placed at the bar, charged with having a gun in their possession unlawfully. Edward Hopkins, Superintendent of police, being sworn, stated that he caused the prisoners to be appre hended. , police officer, sworn--Stated that he Henry Chappell took the prisoners into custody from the instructions given by the last witnesss ; and on questioning them, they stated that they had been to Bridge Yate on Wednesday last to see their friends, and had returned that t d t a r y ifii ( n y g es a t r e t r icl da e y s ) . There being . They had a gun in their posses- , mon with out a lock, but the loc k was f oun d on t h e per son of one of the prisoners, and a powder flask and se veralthey were dis h ngno other ev idence against the prisoners dischar ge d at the riots, ‘,,, John Thoma William ParfiPttacell at the bar. ass, charged with assisting Lovell and others for by the prisoner the assistant to mr owell a special constable, and Brewer, surgeon—l was sent to . attend a man who was shot. The prisoner said house of a person naemo soon after the riots he was a Chartist. It was Market-house-lane. I took Jenkins, a shoemaker, in named Jenkins, I went to the quired of the prisoner if the rn re Y staff with me. I in the way, and he told me I had bett er etter throw it away, but I said I would leave it at the h I observedprisoner stood before e gun ore any Chartists in in to conceal it. it the corner of at Jenkins's house. He was wound': sdein the e sa t w high. Lovell I room,dth eantdvotulined. d th r e esse I was desirous of taking I did not like THE SUN, LONDON, THURSDAY, 'NOVEMBER 14, 1839. ! without some assistance, as there were several Chartists about. Two men I applied to refused to assist. I re turned to the house and found the gun had been re moved, and the prisoner was not standing in the same place. I went the same night and searched Jenkins's house with soma others. I did not find the gun there. I then caused the prisoner to be taken into custody. Michael Jenkins sworn—l am a shoemaker. I was at home on Monday morning, on the 4th November. Two of the neighbours came in, and told me the Chartists were coining. I heard the shouting and firing. In a few minutes three or four men brought John Lovell up the road ; he was wounded and bleeding. I knew Lovell before. John Lovell asked me if he should conic in, and have his wounds dressed. The prisoner was one of the men who brought in Lovell. Another, named John Wilton was there. 1 allowed Lovell to come in. The prisoner went for the sur geon. He returned with Mr. Powell, surgeon. I saw nothing brought into the house at first, but my wife afterwards discovered a gun was in the house about twenty minutes after. I asked if the gun were loaded. There wo re five or six people in the house talking to Lovell. One of them said it was. I took off the per cussion cap and drew the charge. There was a ball. I asked several to take the gun away, but they all refused. The prisoner was asked, but he refused. This was after Mr. Powell was there. When Mr. Powell went out the gun was in a corner at the right hand side of the door. I did not see the prisoner when Mr. Powell went out. Mr. Powell said he should come again on the morrow, after he had put some hot on the wound. I ran after Mr. Powell and said the wounded man would be then in my house. I know James Aust. He came about four o'clock that evening to see Lovell. He saw me a short way from my door, and I told him Lovell was at my house. He saw Lovell. There were men and women (a hundred) came to see Lovell that day, not to exaggerate. The greater part spoke to him in so low a tone that I could not hear what passed. Lovell was removed about five o'clock. I don't know what became of the gan. I did not see it taken out. It was a single barrel gun. I had not known the prisoner two days before the riots, and I do not know whether he is a Chartist. The prisoner was discharged, as the evidence was not strong enough to justify his detention. William Drew, a special constable, was charged with refusing to assist Mr. Powell in the execution of his duty as a special constable, and was severely repri manded and fined 10s. and costs. The Magistrates now (at half-past four) intimated to the reporters that there would he no more Chartist cases brought on to-day. Henry Frost's case, the son of John Frost, the leader of the rioters, will be taken to-morrow morning, and is expected to excite very great interest, as there are counsel and attornics engaged to defend him. MONEY MIRE.ET and CITY NEWS. (WEDNESDAY aYENING.) POST.—Much more cheerfulness was observed to day in this part of the town than has been the case for sometime past. It appears that so few bills of exchange on England have been offering of late in the Continen tal cities as to have induced pailies having payments to make in England to authorise the passing of drafts upon them. The drawings from hence have consequently become pretty general, and it is to this change in the state of commercial affairs that the improvement in the rates yesterday afternoon is to be attributed. The paper in the market was considerably more than equal to the ordinary demand, but a leading firm named prices at which they were prepared to take any surplus, and in this way some amount was negociated, yet at generally higher rates than were current on Friday. We hear that there is nothing more worth naming to draw for now from the Continent, and if this be the fact, a further rise will no doubt take place in the course of a few days. The more favourable anticipations of the commercial inte rests seem to have had their influence at the Stock Ex change to-day. Money was to be had at a much lower rate of interest, and the markets, although they did not close quite so well as they had opened, nevertheless gave promise of more activity, with a corresponding advance in the quotations. The Committee of the Stock Exchange have, during the last few years, laid themselves open to many com plaints from one cause and another. The forbearance they have shown towards the bankrupt bonds of fradu lent Spain, is one of the most serious. They, however, persevere in the same course of error in this respect, so that the introduction of new bonds into circulation by Mendizabal and Toren°, or whoever they arc that now preside over the finance department at Madrid, may be continued with impunity as long as they may think fit. The recognition of so many unproductive bonds by the Committee has the very worst moral effect, and is by degrees ruining the markets. Two import an t commun i cat i ons we re made by the Government in th e course o f t h e d a y. We allude to the decisions come t o b y t h e L or d s o f the Treasury on the postage and opium questions. That on the latter was the only honest and rational decision to which they could have come. The smurlers who claim indemni fication for the drug surrendered by them to Captain Elliot, the superintendent, and by him to the Chinese authorities, to be destroyed, are of course not listened to. No one not interested in the matter, directly or indirectly, can complain of this ; but of the determi nation to which their Lordships have come with respect to the proposed change in the Post-office charges every one that we have met with seems to disapprove. The non-adoption of the uniform penny postage, and the in troduction of a fourpenny rate in its stead, is deemed a perfect failure. No confidence is felt in the promised substitution of the lower charge at a future period, or in the good faith of the plea given for a non-compliance with the vote of Parliament in the first instance. CHRONICLE.—The English funds continue firm, notwithstanding further sales of Money Stock. In the early part of the day there was an improvement in the prices of yesterday, but the above sales produced a flat ness, and at the closing the prices were the same as those of yesterday. We mentioned some days since, that the suspension of specie payments by the Bank of the United States would stop Mr. Jaudon's negotiation for a loan in Hol land for the present. The Times says that, in conse quence of this, bills of exchange have been presented to the London agency for a large amount, who declined payment ; but was enabled to get them renewed at the extravagant rate of about 21 per cent. We do not be lieve a word of this, and have good reason to state that every bill presented to the London agency, since the in telligence of the suspension of specie payments was re ceived, has been duly paid at their bankers over the counter, or at the clearing. The Times further asserts that, as there are in Mr. Jaudon's balance sheet 35,000,000 dollars of bills discounted, and only 4,000,000 dollars of notes in circulation, the greater proportion of these bills must either be renewed or protested. The inference is founded, we presume, upon the supposition that, if a large proportion of these bills were current, they would be represented by a corresponding amount of notes, but this does not follow. The bills in question are held against the paid-up capital stock of 35,000,000 dollars. The argument of the Times pre-supposes that the Bank had not invested its paid-up capital, but that it began business by issuing its own notes to the value of 35,000,000 dollars, and had no paid-up capital at all. We are not in a situation to judge whether the discounts are good or bad ; but it is plain that the ground of this unworthiness, set forth by the Times, is based upon a fallacy. Since writing the above we have received from Mr. Jaudon a copy of a letter which he has this day ad dressed to the editor of the Times, giving the most un qualified contradiction to the assertion that he had declined payment of any bills of exchange drawn upon the London agency by the Bank of the United States ; and stating that every bill of exchange bearing his signa ture had been regularly and promptly paid at Messrs. Davison and Co.'s banking-house. The letter is as follows : " London, November 13, 1839. " TO THE EDITOR. ON THE TIMES. "Sir—Under the head of ' Money Market and City .Intelligence,' in your paper of this morning, it is stated that bills of exchange to a large amount have been presented, it is said to the London agency (of the Bank of the United States), who declined payment, but that it has been able to make an arrangement with the holders, under which the bills are renewed, and the loss prevented which would ensue had they been returned under protest to America. " To this assertion it is necessary that I should give the most unqualiQed contradiction. I never have de clined payment of any bill of exchange drawn upon me by the Bank of the United States ; nor have I ever made, or attempted to make, any arrangements for the renewal of such bills. On the contrary, every bill of exchange bearing my signature has been regularly and promply paid at Messrs. Denison and Co.'s banking house, where all my acceptances are made payable. " As the paragraph above quoted is calculated to do very great injury to the shareholders in the Bank of the United States, as well as t) all holders of its obliga tions, I have to requ es t th a t, as the slight es t p oss ibl e reparation that can be made, you will insert this letter in your paper of to-morrow, under the same head of Money Market and City Intelligence.'—Your obedient servant. (Signed) " S. JAUDON, " Agent to the Bank of the United States." We leave the Timcs to make such answer to this let- ter as they may see fit. American concerns arc com plex enough at present, without being made more so by such unfounded statements as those which have called forth the above very temperate and judicious remon• strancc from Mr. Jaudon. TlMES.—Great efforts continue to be made by the parties more immediately concerned to prevent any of the bills of exchange drawn upon Mr. Biddle's hank from going back to Philadelphia under protest. These efforts arc not made merely to sustain, in regard to its commercial transactions, the credit of that bank, but to avert the danger of a forfeiture of the charter to which the bank would thereby be rendered liable. There is a report to-day that funds have been remitted from Hol land contrary to all expec•ation, available for this pur pose, but at all events the friends of the bank arc try ing their strength in all quarters, and ready to submit to any sacrifice rather than risk the charter itself. From Demerara dates come down to the 17th of September. A discovery made on the outposts of the colony of a sort of Indian slave•trading, or kid napping, had created a great sensation. It appears that a man of the name of Spencer ; whose wife was a half caste Indian, who had fur many years held the situation of postholdcr, or deputy protector of the aborigines, on the Demerara river, had been in the habit of betraying his trust, by secreting the children of Indians who, from a distance in the interior, were in the habit of visiting his post for the purpose of traffic or intercourse, which children he disposed of afterwards as slaves. It does not appear that the number had been considerable; but in general, instead of the protector he should have been of the Indians, he was the means of promoting among them, and between them and the scattered white population of the frontiers, the grossest immorality. By means of his half-caste wife he had acquired an ex traordinary influence over the Indians. For their en couragement and the promotion of friendly relations, by which a beneficial traffic might be established, and supplies of provisions and commod i ti es in t i me regu larly furnished, a large building, called a " Logie," something like a barn, was constructed for the reception and accommodaticn of the Indians, but this he had converted to his own purposes and p ro fi t . Th e num berto more charged than some ten or fifteen. The man ha d accumulated con siderable property in the very sub or di nate s i tuat i on h e held, but it must be mentioned that thi s was sa id to b e b l cases did ( 11 - o k ". .l amountn deae period, d o , f cll ng, s p rea d over a consi mainly acquired by other means certainly not leis revolt ing than child -stealing and slave-dealing. Such is an out line of the facts as stated, and apparently established. Spencer was very properly discharged from his office, and on their appre hension and arriv a l i n George-town, he and his wife were committed to prison t o stan d t h e i r trial f or the offences of which they were accused, bail of any amount having . been refused. As the proof mainly rested on the evidence of two whit e p ersons en gaged in the wood cu ttin g trade in the same neighbour hood, long rivals of Spencer, who also was in the same who did not ques business, and against whom the y had old grudges and it was c ons id er ed that trading grievances to a lle g e, this r efusal to take bail at all w as co nsidered rathe r hard, the Spencers besides having tlll y their a therel guiltar e in family, ig ht morally, n 0 t even by those although be sufficient evidence to justify a con%iction. SUN.—The West India produce markets have been rather l es s brisk this afternoon in consequence of the favourable complexion of the advices from the West I ndies. Th e a ppearance of the trading markets for foreign and colonial produce, indicate a return to a more healthy state of things. /quell s atisfaction w•as produced in the City by the I official notice from the Treasury relative to the reduced rates of postage, which appeared in this evening's Sun. The Funds did not leave off quite so firmly, owing to Ia large sale of Consols in th e course o f th e a fternoon. Consols for money closed at 90i and for time at 90-3-4 ; Exchequer Bills brought 43.t0 2s. dis. ; and India Bonds closed at 6s. discount. The foreign securities were all lower after two o'clock in the day, from no other cause, however, than mere speculation. Spanish Consols fell to 27;1 j ; Portu guese New Five per Cents. to 33 ; Colombian to 31 ; and Mexican to 291 ; Dutch Two-and-a-Half per Cents. were steady at 521 to 4. The Railway Shares were offered on reduced terms. The Great Western at 7 dis., the New Shares at 21 dis. ; the Southampton at dis ; the North Midland at 74 dis. ; and the Midland Counties at 261 dis. SPIRIT of the PUBLIC JOURNALS. FROM THE MORNING PAPERS OF THIS DAY. (E'rom the Morning Chronicle.) Our readers will see by the Treasury minute, which we have inserted elsewhere, that a decided step to wards the establishment of the penny postage is to be taken on the sth of December next. From that day forward all letters are to be charged by weight ; a single postage for half an ounce ; two postages for an ounce, four for two ounces, six for three ounces, and so on, and the maximum single rate between all places within the United Kingdom will be 4d. This charge, however, is only temporary. the minute clearly promising the universal penny rate, as soon as the preliminary arrangements are completed, that is, as we arc informed, as soon as the stamps are prepared. In the meantime, before any great increase letters takes place, the Posteoffice will have ef fected the transition from the present mode of charge to that by weight. After some practice, we have no doubt that charge by weight Will be found to he convenient to the Post-office as well as to the public ; but at first considerable inconvenience will certainly be felt in the Post-office ; and if this change had not pre ceded the reduction to one penny, the operations of the Post-office might have been seriously impeded. The course which has been adopted, accompanied as it is by a full statement of the reasons which have influenced the Lords of the Treasury, will, we are certain, be satisfactory to the country, and will afford the best arswer to an absurd report which has been some time abroad, that Mr. Hill's plan has been abandoned as im practicable. Half an ounce will carry an ordinary sheet of letter paper and a cover, or a small enclosure. Indeed, if rather thin paper be used, the half ounce will carry two sheets ; so that the postage of even a double letter from one end of the kingdom to another will be • but fourpence, even during the transition state. What a vast improvement even this in stalment of the greater measure would have been thought a few years ago ! The scale of weight now adopted is, we understand, to be permanent ; and in it consists the chief' part of the present reduction as re spects foreign letters. Satisfactory reasons are assigned in the minute for making no other reduction on foreign letters at present. The postage on Colonial and ship letters is reduced, at least as respects certain classes of these letters. The extra penny and twopenny rates on General Post letters, with some other vexatious charges are to cease ; and any letter not exceeding half an ounce will, if pre-paid, be taken by what is now the London twopenny or threepenny post for one penny. The public will, we are assured, wait patiently for the remaining instalment of this great measure. The ne cessary preparations are, we know, in rapid progress ; and there is no doubt that. the intentions of the Legis lature will be carried out with zeal and intelligence. (From the Morning Advertiser.) The public will read with the deepest interest, and the greatest gratification, the Treasury minute respect ing the new rate of postage, which we publish in another part of our paper. It will be seen that on the sth of next month a reduction is to take place of all rates of postage above fourpence to that sum. To the country generally this of itself will be a boon of no inconsi derable magnitude ; by those in the northern parts of the kingdom, who have occasion to carry on an ex tensive correspondence with the southern parts of the country, and by those in the metropolis and the adjoining counties who correspond to any extent with the northern districts of the land, the reduction of the postage—which varies at present from thir teen-pence halfpenny to seventeen-pence halfpenny-- to fourpence, must be hailed with peculiar gratifica tion. But we chiefly rejoice in the reduction in conse quence of its being only a preliminary step to the adop tion of a uniform penny postage. On and after the sth of next mouth all letters are to be charged by weight, and not according to their being single, double, or treble, as the case may be. Letters not exceeding half an ounce in weight are to be charged one postage ; those above that weight, but under one ounce, are to be charged two postages ; and so on in the same ratio. The two millions.of persons living within the London district will on the same day be allowed to post their local letters at the rate of one penny each, provided they pre-pay them, instead of being charged twopence or threepence, according to the distance, as at present. It wilt be seen, by a reference to the Treasury minute, that the reason why the Lords of the Treasury have resolved on adopting this preliminary expedient, is in order that the irregularity and confusion which might havebeen.expecte4 to have ensued on the sudden adop tion of the uniform penny rate may be avoided. The interniediate measures proposed will guard against this evil. It were needless now to advert to the great and manifold advantages which the c o un t r y w ill derive from the adoption of the penny rate of postage. Every one feels that it will prove a boon of ines timable value. To thousands of her Majesty's subjects it will be a boon of no ordinary magnitude even in a pecuniary point of view ; but it is not considered as a mere question of pounds, shillings, and pence, that it possesses its greatest interest or value ; its chief advantages will be of a moral and social nature. It will contribute largely to the spread of intelligence of every kind, and afford faci lities before unknown and undreamt of, for the in terchange between friends and relatives of all the holier and better feelings of human nature. In a word, the most sanguine philanthropist can hardly over-estimate the amount of moral, intellectual, and social good of which the measure will be productive. If the present Government had not conferred on the country any other good measure than that of the penny postage, it alone would have entitled them to the nation's gratitude. Had the Tories been in office we should have had no such boon. Some of their journals may pretend otherwise, but the country will not be deceived by them. It has not yet forgotten Sir Robert Peel's strenuous opposition to the measure ; nor can it shut its eyes to the fact that the great quarterly organ of Conservatism has within the last few weeks made a most deadly assault on the Penny Postage Bill. (From the :Morning Post.) In another part of our paper we give a Minute of the Lords of the Treasury, from which it appears that on or after the sth of next month a uniform inland postage is to be introduced, and the charge is to be regulated by the weight of the letters. The lowest charge for each letter beyond the present threepenny-post range is to be, not one penny, but fourpence. We think this a very sensible determination of the Lords of the Trea sury. We think they show good sense also in laying aside, at the beginning, all the quackery about " stamped envelopes," and " franking wafers," and the like. It is far better not to attempt too much at once. But what becomes of Mr. Hill's fine plan, about which fools have been delirious during the last four or five months ? Oh, it is only postponed—the fourpenny rate is to be tried by way of bringing the Post Office hands in to the penny system at some future day. We consider it very probable that that future day will never come. At all events it is very prudent to try whether even the fourpenny-rate will, after pay ing all the expenses, leave any surplus. If it should not, we presume that even the present managers of the Treasury will scarcely venture upon such an emendation as the substitution of one penny for fourpence. It will be perceived that, in trying a fourpenny rate instead of a penny rate, the Government has followed the good advice given in the article on postage in the Quarterly Review. We wish all success to the new plan, and we hope that the stamped envelope system, for such as like to resort to it, will soon be added. (From the Morning Herald.) Ministers, it will be perceived, have made arrange ments for bringing, partially into operation, their plan of cheap postage. "On and after" the sth of Decem ber, letters will be charged according to weight ; and the rate of postage will be reduced at least one half, pre paratory to the full adoption of the " penny" scheme. We have, repeatedly, expressed our doubts as to the soundness of this plan of Post-office " reform ;" and we have, as yet, met with no successful attempt to deal with the arguments of the Quarterly Review on this impor tant subject. We are much disposed, in fact, to rear that Mr. Rowland Hill's project will turn out a very costly piece of quackery. The reduction of taxes is always a popular theme —although it might be diffi cult to prove that the classes, for whose espe cial benefit it is usually pretended that reduc tions in taxation take place, ever derived the slightest benefit from these reductions. The labouring classes I and the poorer of the middling classes do, in deed, suffer from every addition to the amount of our taxes ; but so paradoxically does our financial system work, that the evils inflicted by the imposition of new taxes are never removed by the abolition of these taxes. The benefits of Mr. Hill's project will be enjoyed chiefly by bankers, great merchants, and attorneys in extensive practice :—the evils, which we apprehend, will fall on the other classes of the com munity, in the shape of new imposts upon some other enjoyment, or on some of the necessaries of life. It is idl e , we fear, to anticipate that any possible increase in the number of letters sent through the Post-office will ever secure the revenue against loss in that department. True, the tendency of reduced taxation is to increase the consumption of the cheapened a rticle. But the principle, of the operation of which the fact adverted to is an illustration, has obvious limits. If increased consumption is to be regarded as a source of relief, COWES, ISLE OF WIGHT. (FRO3f OUR OWN CORRESPONDENT.) ROYAL YACHT SQUADRON INTELLIGENCE. SAILINGS. Nov. 12th.—The Turquoise cutter, of 77 tons, Sir John Hyde Parker, Bart., for Naples. MlL—The Kestrel yawl, of 202 tons, the Right Hon. the Earl of Yarborough, for a cruise to the east ward. His Lordship had but recently returned from a two months' cruise in his yacht to Gibraltar and the Mediterranean, and it was expected that the Commo dore would have struck his flag, and laid the Kestrel up for the season, but he was so much pleased with her sailing qualities that he determined on having another cruise, and make a long season of it. His Lordship never enjoys his health so well on shore as afloat. ARRIVALS. Came into harbour the Wanderer schooner yacht, the property of Mr. Neil. This gentleman's new yacht " Louisa" will not be launched till next spring tides. 13tIL—The Kestrel, Lord Yarborough, from the westward. The Royal Yacht Squadron House, according to th Portsmouth Telegraph, is to be done away with here, and a new and more splendid one is to be built at Norris ! What next ? Why, Cowes harbour is to be removed to Norris, to flow round the Castle and em bellish its beautiful Park !! One story is quite as pro bable as the other ; though we beg to say, on authority, that the Members have not yet been consulted on either. So much for the Telegraph's veracity, but it is of a piece with all its Royal Yacht Squadron news. One is almost led to believe that the writer's object is ridicule. Sir John Rennie's pion for the improvement of Cowes harbour, &c. is to be carried into execution too! ! That is after the river is removed to Norris. The canal will be cut to Newport. The inhabitants of Cowes and Newport are at issue on the proposed improvement in Newport river. At the public meeting at Newport, on Wednesday last, none of the inhabitants of Cowes attended, as they considered that the shipping and yachts entering other ports were likely to he taxed for the improve ment of Newport. The corporation of tha latter town call themselves the conservators of the river and harbour of Cowes, and have within a few years appointed a person as harbour -master, who levies a toll for harbour dues on all vessels coming into it, (or even into the roads if they discharge any part of their cargoes), not one shilling of the sum collected is laid out about the. har bour, all going to the corporation of Neorpert; •tvha farther will not allow the inhabitants of Cowes to build out any quays, or even stick a post in the mud of the harbour, though the land was purchased and paid for by the present occupiers of the adjoining lands, or their forefathers, and the right enjoyed till the passing of the Reform "BM, when 'our Tory friends persuaded us the land was not ours but theirs, for acknowledging which, we were all to become burgesses of the borough of New port, and to have the honour of voting for 'rory Mem bers to represent the Borough, and Tory Councillors to conduct their municipal affairs ; so we did not sell our birthrights for nothing, i. c. to the Corporation, but now notice is given of an application being to be made to Parliament next Session for an Act which will place us under a company—under the Corporation, and in the opposition preparing against the one, we hope to get also out of the hands of the other. The union of the two towns is an unnatural one—one being a seaport, the other an inland town ; their interests arc directly opposed, and the inhabitants never will be on a friendly footing while this connection exists. It is absurd to say that the inhabitants of Cowes ought to control the electors of Newport, in their choice of Councillors, &c. for their Borough, or that Newport people should be masters of Cowes harbour, and of all the lands in Cowes, the waters of the Medina ever flowed over. BOGOTA PAPERS. We have received papers from Bogota to the end of August. An extraordinary publication, or Second Edition of the Gazette of the 14th of that month, con tains the following article relative to the state of Pasto, an account of the breaking out of the insurrection, which we some time ago gave from the official autho rity of the same Gazette : STATE OF PASTO. " BOGOTA, AUG. 14.—The post from the south, which reached this capital on the 12th inst., informs the Government of the continuation of tranquillity in the canton of Pasto, and that as hostilities were not likely to be recommenced, there was only a small body of the National Guard, composed of twenty men by day, and forty by night, for the purpose of guarding the park. " The Governor of the province was still in the canton of Fuguerres, taking measures which were likely to bring the revolters to their duty. The same Go vernor, wishing to render measures of severity unneces sary by a conciliatory course, and to rescue from the influence of fanaticism the simple inhabitants, who have been deceived by the monks and leaders of the insurrec tion, sent to Pasto a commission, composed of some ec clesiastics, who, after a conference with the priest Villota, Lieutenant-Colonel Alvarez, and some monks, chiefs of the sedition, were obliged to withdraw without having obtained success. Nevertheless, it seems that the ex citement at the commencement of the sedition is disappearing, and that the number of its partisans is considerably diminished. This circumstance has encou raged the friends of order and of the laws, and the well-disposed voice of the majority of the population begins to be heard in favour of peace and obedience to the Government. " General P. A. Herran arrived at Popayan on the 27th ult., and, after having received information re specting the state of Pasto, and expecting to be able to pacify the Canton, and to re-establish in it the full obe dience to the laws, without recourse to coercive mea sures, resolved to start for Pasto on the 30th, without taking any military force, being only accompanied by two or three officers. Within a few days a commission was also to be sent by the Right Rev, the Bishop of Popayan, composed of the Dean, Dr. Mariano Urrutia, and of the Secretary to the Prelate. These Commi sioners go in the character of visitors, and are authorised by the Right Rev. Bishop to suspend from office and benefice every ecclesiastic who opposes the authority of the Government, and even to use for that purpose all the other arms of the Church. " If these measures for pacification, dictated alone by the sincere desire of sparing those towns from ruin, and the rest of Nueva Granada from sacrifice and expense, be not sufficient for restoring these misled people to the obedience of the laws, Government is resolved to use public force, and to order out all the military• re sources of the nation, if necessary, to effect that object, so desirable and indespensable to the consolidation of the national institutions." The Duchess of N ontrose will pass the winter months at Brighton. On Thursday last the first general meeting of the Norfolk and Norwich Protestant Association took place in St. Andrew's Hall, and a more numerous and respectable assemblage was never witnessed in that noble building. Accommodation was provided for the ladies in the centre aisle, and the female branches of some of the first families in the city and the neighbourhood were present. A very large body of both c l erg y and l a ity occupied the ochestre, the side aisles, an d other op en spaces. EVENING ED IT lON . on which a Chancellor of the Exchequer may con fidently rely, after the reduction of a tax, then it follows that the wisest thing a Government can do is to reduce all taxes to the lowest definable point. Why should the principle, in which Mr. Row land Hill trusts, be allowed scope only in the Post office department? If it be wise to reduce the general rate of postage to one-eighth of its former amount, it would be wise also to reduce the charges in the depart ments of excise, customs, stamps, assessed taxes , &c. , 1 to one-eighth of their present amount—and trust to " increased consumption" for a remedy. Were the at tempt made, however, it requires no ghost to tell how , the necessities of the public service would be provided for. We fear that a new tax, or an addition to the un funded debt is destined to prove the pendant to this cheap postage scheme. It is, probable, however, that ' our " liberal" rulers will make the most of their clap trap postage scheme.; and leave to their Conservative successors, the task of providing for the deficiency in the revenue, caused by the cheap-letter system ! (From the Tina's.) The state of the Navy recurs to our attention every hour ; and had we no other memoranda on that vital subject, the letters which pour in upon the Editor of this journal by each succeeding post, would, if laid upon the table of the Admiralty, banish sleep for ever from the eyelids of Lord Minto—we had almost said, alarm his conscience. In Tuesday's Times we published a short extract of a letter from South America, describing the helpless condition of our commanding officer on that important station, where each of the maritime rivals of England, viz., France and the United States, had an armament double the strength of ours—where events were constantly arising of a nature to place the interests of this country in direct opposition to those of her European and Transatlantic neighbours, and where it must be remembered that a defeat or failure from inadequate force could not be remedied by any succour from home under the lapse of many months. It was especially affirmed in that communica tion, on the accuracy of which we rely with implicit confidence, that there was a want of small vessels fitted for the subordinate services of the station, so absolute as to impose upon the officer commanding, the neces sity of employing merchant ships, generally speaking far less trustworthy, because less responsible to offi cial authority, than men-of-war, in the urgent duty of carrying both treasure and intelliger.ce between the dis tant points of the station, being an expedient not so hazardous or injurious as that of waiting for reinforce ments to his feeble squadron, the arrival of which might be adjourned sine die. What was asserted by our cor respondent in reference to the conduct of the naval ser vice of Great Britain on the coast of South America, is but a sample of the performances of Lord Minto everywhere. In all quarters the British navy is starved. On the shores of China there has not been either at the commencement of the late awful break-up of our commerce with that empire, or during its progress. or on its fatal consummation, so much as a single Bri tish man-of-war to protect the subjects of her Majesty from insult, or to avenge their injuries, or to support 1 the negotiations of Captain Elliot. There too, as in the western hemisphere, merchant ships were called upon to provide, feebly and incompletely, for objects, which ought to have been attained with promptitude and rigour by an armament under the Royal flag of England. We do not mean by this observation to pro nounce upon the justice or injustice of the Chinese Government in suppressing a 'trade between its own subjects and foreigners which both parties knew to be unlawful, to assert that grievous wrong may have been committed in the mode of executing a measure the principle of which might have been upright, and that the Queen's subjects, otherwise so much at the mercy of Chinese despotism, ought to have had the means of defence and protection from their natural guardian, their country's once formidable fleet. In treating of naval matters some days ago, we alleged with heartfelt satisfaction, on the authority of a correspondent there, that the British squadron up the Mediterranean, under Sir Robert Stopford, was in a most efficieat state, so far as regarded the internal order and discipline of the ships. We repeat this description, and with no less pleasure than formerly. But what use was made of it by the hireling writers of Downing-street and Whitehall ? Why, they had the impudence to charge it upon us as an inconsistency that we praised the gallant officer in command of one particular squadron, for the discipline which he esta blished among his crews, although we had oftentimes inveighed against Lord Minto and the Government fur their maladministration of the affairs of the navy, as a whole. Now, where is the shadow of inconsistency ? Dock-yards may be impoverished—the force in com mission may be altogether unequal to the public emergencies—jobbing may abound—seamen may be discouraged—and the work on board, as compared with that required from foreign sailors, or from British-born sailors in the service of the United States, may be unduly severe and harassing ; but is there anything unreasonable in the repre sentation that such evils as these exist, accompanied by a simultaneous admission that the duties of a given squadron are, from circumstances peculiar to itself, carried on in a seamanlike and effective manner ? It is not, indeed, very wonderful that whatever merit may be frankly and rishteously ascribed to Sir R. Stopford or his officers, the desperadoes of the Admi ralty should wrench, so far as in them lies, from its proper owners, and divert to the profit of Lord Minto. I'hey may just as well rob our brave flag-officers of their honours as of the rewards which those honours have so richly earned ; nor need it cost them more to steal for Lord Minto the reputation which belongs to Sir R. Stopford, than to plunder the fleet at large of Greenwich Hospital, and bestow it on Lord Minto's crea ture. There are, nevertheless,facts relating to the same squadron, commanded by Sir Robert Stopford, which in no manner constitute any reproach to that veteran officer ; but, on the contrary, a serious grievance, of which he has just to complain—viz., that in a fleet amounting to fifteen sail of the line, and, we understand, expecting a further accession of at least one SO-gun ship, the rulps and precedents of the service have been so far departed from, and its interests so neglected, that only one flag officer, and he a full Admiral—an Admi ral moreover of the red (the senior flag of all), and an officer well stricken in years—has been appointed to discharge all the complicated and extensive duties of so numerous a squadron, with no Rear-Admiral to relieve or to support him, and what is still more indefensible, no " Captain of the Fleet." It is needless to ask the opinion of any seaman as to the usefulness and importance of this lat ter officer. It would be difficult to find at the present mo ment among the captains in commission, who are mostly hangers-on of the Minto clique, and many of the: better acquainted with election than with maritime manoeuvres, it might, we say, puzzle a plain man to discover more than half a dozen, perhaps, who know anything of the necessary evolutions relating to the " order of battle," or of the formation of movements incidental to a fleet at sea. But the drill and instructions of officers in such branches of naval service are peculiarly the proeince of " captain of the fleet," who always ranks with a Rear- Admiral. We put it, therefore, to any dispassionate man whether the presence and activity of such an officsr were ever more essential than at this hour ; when the greater portion of our captains have to learn almost every thing of the higher tactics, and when, at twenty four hours' notice, the Mediterranean fleet might any day of the week be brought into collision with an enemy. Besides all this, the aged Commander in-Chief must be physically incapable of discharg ing double nay, treble duties, his own. ncluded namely, those of a Rear-Admiral, second in command (of which no fleet of equal force with this ought ever to be left destitute), and those of " Captain of the Fleet." But Sir Robert Stopford has not the aid of either ; and to say nothing of the consequent injury to the service, it is utterly barbarous to exact from any person of his age such an accumulation of duties. Thus sacrificing both the brave old Admiral, and the effi ciency of his fleet, for a miserable saving of a few hun dred pounds a-year, being the difference between one Rear-Admiral's half-pay and full pay, and the further difference between the full pay of the Captain of the Fleet and Isis retired allowance. Thus we find tla! " fructification" system of the Treasury, or in other words the starvation of the public revenue, to he the real. canker at the root of all our national establlsh ments. There is not a guinea to the good in the hands of our Finance Minister. How, then, can it be otherwise than that some halfpenny saving here and there should be held paramount to the highest and most comprehensive views of power, security, prosperity and honour? Sir Edward Codrington, when commanding an " experimental" squadron, or more pro perly called a pleasure-boat squadron, and, if we recol lect right, of inferior numerical force to that under Sir Robert Stopford, which has been assembled for a ctive subserviency to the measures of Russia, had a Rear- Admiral for his second in command. But " Ned' was a 1 Vhig Radical, which good old Sir Robert is not, nor ever has been. But turning away once more from the superfluous fleet in the Mediterranean , le t us— p ailful though be the spectacle—let us e xamine somewhat nearer home. humbug force th h r a e v e e dwiesmfaonrttlehde defence of England (the o has been pretty well exposed) ? But what home o s sr t a r d a r d o i t n i o h h a a v l e h we necessity s ? s i t y? What Whatwestern u i s s q e ua d r s in ro nt the a C t i h i a i ng h. nel ? While the armed navy of Russia covers the entire Baltic, what, we re peat, has England to depend upon in any quarter of the North Sea ? W!!y, not a frigate, nor a sloop of war, nor a look-out cutter —no ' not one, from Orkney to the Land's End ! How can this latter enormous risk, incurred by her Majesty's virtuous Ministers, be accounted for ? Thus, without a shilling in their pockets (alwas s save and except their ' salaries), without one shilling in the public Exchequer, for any purpose, however vital to the interests of the State, they durst not dream of fitting out a squadron of British men-of-war, to keep in check one moiety of the fleet prepared by Russia in the Baltic—all such chi meras of impracticable patriotism were abandoned. Be ing abandoned, they were ridiculed, and treated with a peremptory " pooh ! pooh r Well, then, but it was . necessary to make sorne s aort of compromise ; and let the form of the bargain have been what it might, we care not, the substance speaks for itself. It is this—Russia has been bought off in the north of Europe, yid the price paid by Euglind is a surrender at discretion to all the propositions and demands of Russia in what concerns the East and South. A few weeks will bring this an ticipation to a test, by which we should be too happy to find it proved fallacious ; but that we shall be ieve when we see it, and not a moment sooner. SECOND EDITION. THE FUNDS.-(CLOSING PRICES.) BRITISH FUNDS rank Stock 175% In,lia , z nck 3 per Cent. Red 3 per Cent Cols. B9 y 9 Ditto Bonds ..„.«.„....... • • 4 903 i , „nu, (Ad Annuitie< -- 3N, per Cent. Red 974i; f Ditto New Annuities New 354 per Cent 9 S'X Ex. Bills, 1,(:001 ~' 1 dis: New 5 per Cent. Ditto 50, , 1 die. Long Annuities to expire , Ditto 500! 1 dis. Jan. 186 , 1 Oct. 1859 Jan 18 i 0 13% Consols for Act FOREIGN FUNDS Austrian, 5 per cent !Portuguese Ponds, sper cent. Pic,lgian, 5 per cent 104 - - !'% Ditto, New Ditto Brazilian Bonds 7I X, !Prussian, S per cent — Buenos Ayres, 6 per cent — I rtu,Sial4 Bond,, 5 per cent.... - . Chilian, 6 per cent — Ditto, Metallic Colombian, 6 per cent — !Spanish, 5 per cent. 2 7 1,4 Ditto, 1824. Danish, 3 per cent... ........ .... !French, 5 per cent.....—..111f. tOc. Greek Bonds, 1825, Spec ct. !ExitellaIIW , Ditto, (I per cent., 1825......... '2 9 % Dotch, 214 per cent.... ...... ... 5114 Mexican, 5 per cent... .......... 2314 ! French, 3 per cent —l'. —c. Pernvian,lB2s,6 per cent.... i Ditto, 5 per cent. . si A SHARES. Great Western Railway rig London and Brighton Railway l6 1.0.101 l ailtll3ll-11111Igharn It iiiwa) London , ifid Croydon Railway ( T ru nsl Manchester and Birmingham Railway Ditto ditto Extension , i , ,-- North Midland riailAaV .... ................ . IoN, SPIRIT of the PUBLIC :JOURNALS. FROM THE EVENING PAPERS or THIS DAY. (From the Globe.) The appointment as a Magistrate of Frost, the leader of the Newport Chartists, is seized upon as a legitimate cause of accusation, or rather of vituperation against Ministers. " Who appointed John Frost a ma gistrate r is repeated by every Tory Journal; and responded to by ever Tory panisan. This inquiry might be answered by a similar reflection upon communities for the improper conduct of indivi duals who, when they had no reason to suspeCt their principles or practices, Lad been placed by them in offices of honour or of trust. The same mode of inquiry m.ght be adopted with equal reason, and for the same sinister design, with reference to any depart ment of the public service, in which any one of its officers had committed some gross and flagrant crime. Every one will at once see that imputations of nezlcct or connivance on the part of Government, under such circumstances, arc unreasonable and unjust, .and can only flow from the virulence of p ar ty. It so happens, however, that in the ease of John Frost the vindication of the Government is complete. The Town Council of Newport recommended Mr. Frost as a fit person to be placed in the commission of the peace for the borough. Complaints of impropriety of conduct in some parts of his previous history being mada against Mr. Frost, Lord John Russell refused to adopt the recommendation of the Town Council until the circumstances referred to were properly investigated, and their truth or falsehood ascertained. That the inquiry might be property con ducted, and its result such as would acthorise Lord J. Russell to act with confidence upon it, the investigation was entrusted to the Lord Lieutenant of the county who recommended his Lordship to comply with the recommen dation of the Town Council, by placing Mr. Frost in the commission for the Borough. When Mr. Frost was subsequently disanssed for his connection witi; the Chartists, and his improper mode of addressing Lard John Russell vin the corre s p on d ence hi s Lordshi held with him on the subject, a petition nume rously signed was forwarded to Lord John Russell, strongly urging his restoration. To this application his Lordship very properly refused to listen. %Vhat more Lord John Russell could have done in the affair which has furnished the Tory press with matter of ac cusation, those who urge the imputation of neglect or connivance will possibly condescend to state. At all events their not doing so will manifest that faction, rather than truth and honesty, has supplied the motive of attack. (From the Courier.) The arrival out of Sir Charles Metcalfe and his con sequent inauguration as Governor-General of the im portant island of Jamaica, of which intelligence was received yesterday by the Delight packet, may, we hope, be hailed as the commencement of a new, more pacific, and more prosperous era in the history of that suffering colony. It is time, if the preservation of a British interest in that colony be worth the care of those who at present rule over us, that the system upon which it's administration has been conducted for several years past should be radically changed ; that the House of As sembly, if it's existence be, as we presume, a constitu tional right, should no longer be regarded and treated as a mere court for the registration of the decrees of the Colonial Office ; and that the body of island pro prietary should cease to be persecuted by official under lings and non-recognised authorities as a proscribed race. The party dominant and all-powerful under the late Governor, have not been slow with insidious attempts and flattering appeals to entrap the new Governor in their toils, but we ob ' serve with satisfaction, that without any unneces sarily offensive repulse he has beeri cautious to avoid compromise to any opinion or any course of action. It may therefore be assumed that he is carefully measuring his ground, so that his steps may be sure, and his future position resolute and dignified; that he will no more permit the ascendancy of one and the undue humi liation of another party, but deal out equal justice to all. And, above all, we trust that he will suffer the interposition of no unacknowledged and ex traneous influence from this side of the water betwixt himself and the subjects delegated to his Go vernment by the Sovereign whose high commission he bears. He brings to the task, happily, that experience in the art of governing of which his immediate predeces sors have unfortunately been so defieent. (From the Standard.) It is stated by the Ministerial Journals that'a special commission for the trial of the Monmouthshire rebels, will be issued forthwith. About 12 persons already stand committed on a charge of High Treason, as participators in what Lord Normanby mildly cha ractcrises as " the outrage." We hope that the public attention will be steadily fixed upon the proceedings under this Commission, as otherwise there is little reason to hope that the ends of justice and truth will be satisfied. We trust that we shall riot be suspected of any wish for sanguinary sacrifices, but we are convinced that the safety of the country, and the well-being of the humbler classes, demand a strict and searching investigation of the origin and progress of the late insurrection. 'We shall not be sorry if the utmost latitude of mercy is extended to the rebels, idler conviction, but we must insist upon it that inerey shall not be shown to rebellion by the concealment of its springs and instruments, as will be the case if every prisoner committed foe treason shall not be brought before a jury, and confronted with all the evidence that can lee fairly adduced against him. The country has a right to demand the most com plete account of a transaction that has caused the destruction of so many of our felloW• subjects. We think it necessary to give this early warning, because we have heard whispers of a proposition to Frost and others to banish themselves, as the price of pardon, and because we know that all such compromises as that suggested in this proposition are of the worst consequence. Even, if Frost be guilty, we do not want to have him hanged ; on the contrary, we sincerely hope that no more 'blood will be shed io this disgraceful rebellion ; but if Frost be guilty, a full ex posure of his guilt, and of the guilt of his accomplices, and of the means employed by them to seduce the un happy thousands led into crime by their arts and exam ple, is absolutely necessary to protect the giddy populace from similar seduction hereafter. MA SQUERA DE.—There was a masquerade under the direction of Mr. Obbard, last night, in the English Opera-house. The gentleman whose name has just been mentioned appears to be the onlyciondtpvaidnuyallaisnt the metropolis at present w ho takes la bal masque under his special guida nce. He takes for his motto t or , ilc crr though s t could wi s h, th ere the m n l l‘' s lll te n r‘ o r': observable breach sy a s ansd r "m • e' isrre;ashe n of decorum, which too fre quently in former times operated a ga i ns t t h e popularity of this species of amusement. The characters last night were numerous, though of the usual cast. Seve ral bands of music played during the evening ; and boxes were filled by respectable-looking parties, who viewed the masquerade without mixing in the Inoilty group. MAYOR OF BOLTON.—At a meeting of the Town Council of Bolton, on Saturday last, Robert Heywood, Esq., was proposed as Mayor, and elected with only one di ssent i ent .vo i ce . When this election was communicated to Mr. Heywood, he addressed a letter to the town-clerk, expressing his surprise and re gret that the choice of the Council should have fallen upon him, as he had previously stated hie determination not to accept the office, on account of an intended ab sence from England during the ensuing year, nod other causes which he enumerated. This letter was read at ati adjourned meeting of the Council, held on I .. londay evening ; when, after some discussion , a deputation was appointed to wait on Mr. Heywood, and endetivour to prevail upon him to accept the o ffice. The deputation, accordingly, had an interview with Mr. Heywoyl, after some solicitation, co nsented to reconsider the matter, and to give a final a nswer to the Cou nc il on Thursday.----Illan Let it be remembered, chester Guardian.. tl for c ounce, thernr,HthEatNoEnwan id)°atesfTArGthe sth of Dece m b er next a letter, containing one or two enclosu res even, if not weighing frnouary be sent from Jersey to the more Spence. Bravo Whi g s! Buitcai DumyltlES. - -At the annual elec tion t h h a e n t a but:. a n Isles, of Councillors on Tuesday the Tories were worsted. ' _. ,ded Aed 15t10 and 'rola : an 3 1in' Cerr, ,encc i fter- r itisb )ffic° 3ntet CIS °I visit re, t ° trieeri 11 6. .c le" WS' Oct" ackeP ieeal e ' t