The Sun.
London, England, 1855-01-23 00:00:00

THE SUN, LONDON, TUESDAY EVENING, JANUARY 23, 1855,

a strict account of their proceedings, and showing
whether they have wasted and disregardei the
golden opportunities placed at their disposal. To
bring them to this strict account will be the duty
of the independent members of all shades and
va zieties of political opinion. It is a duty which
we believe will not be neglected, nor even executed
ist a slovenly manner.

One important question will have to be decided
by the chosen representatives of independent con-
stituencies during the present Session. It must
be determined whether Anglicanism or Germanism
is to be the prevailing principle in the Govern-
ment of the country ;—whether our Ministers are
to be English in thought and feeling, looking only
to the welfare and prosperity of their country; or
whether they are to truckle to the wishes of
foreign despots, and direct their attention to mat-
ters in which British interests arelnot their only
or even their chief objects. Time was when the
declaration that a Member of the Cabinet was not
the Minister of Austria, of Prussia, of Russia, or
even of Saxe-Coburg, but an English Minister,
could elicit a burst of enthusiastic approval from
the House. Has that time departed ? Are
the feelings that found vent in rapturous
and vehement` cheering completely changed ?
We believe not Much reason as there may be
to doubt the fact, we believe that there is still, in
both Houses of Parliament, a thorough and un-
bending determination to keep England for the
English, and to eschew all matters in which we
have no real concern. We have already suffered
too severely from our connexion with Hanover to
desire the creation or revival of similar ties, or
the undue weight of family or dynastic influ-
ences. England has no uncles or cousins, nor
will she consent to be dragged into the mire for
matters in which she has no personal concern.
She will do all that her honour, her safety, her
interest—nay more, her sense of justice, may de-
mand. But these are the only matters to bo con-
sidered when deciding on her foreign or domestic

policy.
The Foreigners Enlistment Bill has opened the
eyes of the people. They have seen the flimsy
pretext on which it was forced with unseemly
haste through Parliament, already completely ex-
posed. They have seen that for all practical purposes
it might have been deferred unt;l the ordinary
period of discussing new :projects ; for nothing
whatever has been dome to carry the obnoxious
law into operation. It has only led to measures
by Prussia and other States to prevent us from
gaining the recruits for which we were seeking,
and the obtaining whereof Ministers represented
to be indispensable to the safety of the Amy of
the Crimea. Nay, more, it is said •n good autho-
rity, that it has not ai yet been decided on which
section of the War Department the execution of
the law should devolve.

If this be really so, the allegation of necessity
is fully and completely disproved. The argu-
ments of Ministers have been completely disposed
of by their acts, and we must believe that the
real motive still remains concealed—that it is
something springing from that " Germanism," of
which the Ration has heard so much, and which
it is firmly determined to discountenance. Is
there, then, not still time to repeal the obnoxious
law, to remove the blot froth the National
Statute-book, and show that England can be
defended by English hands—that we can
rely on our thews and sinews, rather than
on gold—on the patriotic) exertions of men
fighting for their native land, rather than
on the venal efforts of foreign mercenaries. This
ought to be done, and we trust that some inde-
pendent member will be found prepared to take
the sense of the House on the subject. If not,
there is but one alternative—viz., the expulsion
from office of Lord ABERDEEN and the Clique by
whom the obnoxious measure was so recklessly
and improperly forced on, and the substitution of
a really English Ministry, who will take care that
it shall not be brought into practical operation,
but suffered to fall into well-merited desuetude.

MONEY MARKET

AND

commoRCIAL INTELLIGENCE.

CITY, TWO o'CLOCK.

The sales of cotton at Liverpool yesterday were
estimated at 8,000 bales, including 1,000 American
taken for exportation. The market closed firmly,
and full prices were obtained for all kinds. The sales
comprised 6,250 American, 150 Pernam and
Maranham at 6d. to 61d., 120 Bahia at 6d. to
6gd., 200 Egyptian at Md. to 712 d:, 1,200 Surat
at 21d. to 4d., and 80 Sea Island at 10d. to Is.
4d. per lb. Railway Shares were dull at lower
prices.
The Government rum contract has been taken at
2s. Bd. to 2s. 9d. for the East India, and at 3s. to
3s. ld. for proof Leewards. The quantity taken
was 53,000 gallons, being smaller than was ex-
pected.
Glasgow letters 'announce the failure of Messrs.
Turiff and Sharp, largely in the iron trade, at New
Cumnock.

No accounts beyond the telegraphic outline are
yet in town per Great Britain from Australia, but
the large amount of gold brought affords a good
proof that although the import markets were bad,
the gold production kept up well. Parties ac-
quainted with the colony consider that it will
steadily recover from the present crisis, and that
shippers on this side will principally suffer.
From Vienna we learn that Baroa Sina is to be
made a commander of the order of Leopold,
and Baron Eskeles of. the second class of the Iron
Crown,- for the important financial services ren-
dered to the Government, and especially in the
railway treaty with the great French Company.
The intelligence from New York mentions that
there had been more buoyancy in the stock market,
but at the latest date the upw.ird movement had
been checked, and a reaction had commenced.
Money, however, was easy. The current rates of
freight were steady. The market for breadstuffs
was rather heavy.
The California advices are very favourable as re-
gards mining operations, but the absence of rain
was severely felt by the miners. The market for
grain at San Francisco was very active, and in some
of the other markets there was more animation.
The construction of a railway from Los Angeles to
the Colorado continued to occupy the attention of
some of the wealthy capitalists, and the project was
generally thought very highly of.
In the Stock Exchange guesses about probable
dividends are a favourite occupation about this
time. The Caledonian, which was a few days since
mentioned as likely to be 13s. ed., is now reported
at 14s. 9d. The Great Northern, estimated at 51-
on Saturday, is now calculated at 51.. The Lanca-
shire and Yorkshire, it is said, will be about 4, the
Midland 3, the North-Western 5, and the South-
Western 4i, although it is also asserted that the
last-named could pay 5. Of the Great Western
there is no figure named, but some consider that
it will be lower. _

The English Stock Market has been very fiat
again, as is frequently the case when Parliament is
about to resume its sittings, and any questions
embarrassing to Ministers are expected to arise.
The difficulties in the commercial world are like-
wise against buoyancy in prices. Consols have
been 91 4, and since 911 for transfer. The
i
ac-
count prices have been 914 Exchequer Bills are
4s. to 75., and East India Bonds 14s. premium.
The New 3 per Cents. have been 91 to 92i, and
the Reduced 914 to I. There have been no trans-
actions in Bank Stock! _

In the Foreign Stocks there have been very few
transactions, and the quotations are mostly lower.
The apprehension that Carlist risings are contem-
plated in Spain has occasioned a decline to 371
and 361- in the Three per Cents., and to 18 and 17-i
in the Deferred. Mexican are flat at 21 to
Belgian 41. per Cents. have realised 94. Nothing
has been done in Turkish Bonds.

The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 5 to 6 ; Mexi-
can, 21 to 21f ; Peruvian, 70 to 72 ; ditto Three
per Cents., 50 to 52 ; Pori ua aese Four per Cents.,
41 to 42 ; Russian Five per Cents., 100 to 102 ;
ditto Four-and-a-Half per Cents., 89 to 91;
Spanish New Deferred, 17i to 18 ; ditto Three
per Cents., 36 to 371 ; ditto Certificates, 4 to si;
ditto Passive, 4 to 41.
The market for Railway Shares has been rela-
tively better maintained than that for Consols, and
there is a moderate business doing in them. About
this periods when the meetings are coming on, and
the dividends are to be declared, greater activity is
naturally expected. The principal dealing has been
in Caledonian, Great Western (which are very flat),
Lancashire and Yorkshire, South-Eastern, and
South-Western. The Canadian lines have been in
a little request, and the French scarcely so high.
Foreign Mines are nominal, Banks generally well
supported, Crystal Palace still heavy, Peninsular
Steam scarcely so high.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
( _Prom the Ogicial

Bu•iness done
3 per Cont. Reduced Annuitin,„. 94 .4 i
3 per Cent. Consols Annuities . 9lO . i
New 3 per Cent. Annuities'
5 per Cent. Annuities
Long Annuities, Expire sth Jan., 1860 .. 4 5-16 I
Dittc. 30 Years, Expire 10th Oct., 1859 4 3-16
Ditto 30 Years, Expire sth Jan., 1860 4 3-16
India Bonds, £l000
Consols for Account, Bth February
Exchequer Bills, 21d.
£l000
.C5OO
. _

Small 4 7
Exchequer Bonds 1858, 34 per Cent. —
Ditto 1859,
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
',lexicon 3 per Cent.
Ditto for tho Account
Spanish Bonds, 3 per Cent 37 4 61
Ditto New Defoired, 3 per Ccnt lB 174 4
Dividends on the &boys payable in London.
Belgian Bonds 44 per Cent. ca. 25 fr
HALF-PAST TWO.
consols 9l
Ditto, February Account

MARKET NEWS-(THIS DAY.)

HAY MARKETS.

SMITHFIELD.—Meadow hay, 31 3s to 41 17s Od ; clover
ditto, 3/ 10s to 61 04 ; and straw, 1/5s to 11 103 por load ;
A short supply and a steady demand.
CIIMBERLAND.—Meadow hay, 31 8s to 5/ Os ; clover
ditto, 31 103 to 5/ 153 ; and straw, 1/ 6s toll 12s per load.
Trade firm.

WHITECLEAPEL.—MerIdow hay, 31 5s to 41 17s; clover
ditto, 31 5s to 61 Oa; and straw, 1143 to 1110 s per Joad.
Supply good and trade firm.

COLONIAL.

SUGAR.—A fair business has been dono, and foreign has
realised very full prices. Brown limps aro 42s to 42s 6d,
and grocery 43s to 495. The quantity of British Planta-
tion landed last week at the East and West India Docks
was 1,329 hhds, 86 tierces, 419 barrels ; there were taken
for home consumption I£B hhds, 3 tierces, 51 barrels.
Stock in the same places is 13,376 hhds, 2,188 tierces,
2,126 barrels.

COFFEE.—Nativo Ceylon is quiet at 46s to 46s 6d for
good ord. Plantation is in demand at full rates. Mocha
is firmer. A cargo of Rio has been sold at 41s 6d.
RlCE.—There was a moderato inquiry, but only fow
hundred bags of pinky Madras have been sold at 12s 9d
per cwt.

Corrorr.—The sales are 350 bales, at full prices.
Ruii.—The quantity taken by Government is not exactly
known. About 52,000 gallons have been taken in this
market. At Liverppol and Bristol tho amount is riot
stated. Proof leewards are about 3s to 3s ld per gallon..
The quantity landed last week at the East and West India
Docks was 437 puns. Exported 88 puns, 196 hhds. Stock
at the same places is 11,792 puns, and 206 hhds.
TEA.—Common Congou, is quiet at 10(.1 per lb.
TALLOW.—P.Y.C. is firm at 57s 3d to 57s 6d per cwt on
the spot.

LATEST NEWS.

VIENNA, JAN. 21

The Vienna
~Cabinet has received despatches
from London and Paris announcing the determi-
nation of the Western Powers not to relax their

military efforts on account of what transpired on
the 7th. A despatch to the same effect has been

transmitted from this court to London and Paris,

respecting the military preparations of Austria,

COPENHAGEN, JAN. 21

The motion for the impeachment of the late

Ministry has been rejected in the Volksthing, by
63 votes against 32. The budget passed the

second reading yeFterday.
It is reported that Herr Von Scheel undertakes
definitively the Ministry of Foreign Affairs.

WARSAW, JAN. 14

Yesterday, the Russian new year's day, the
Emperor's manifesto was read by the clergy in all

the churches.

The Correspongance of Berlin says that hopes
of peace become more faint. The transformation
of the defensive treaty into an offensive one was
proceeding actively at Vienna. It was considered
as certain that the war would be continued with
all the energy possible, and that negotiations for
peace on the part of Austria approached their
conclusion.

We learn from Vienna that the representatives
of England and of France have received full

powers from their respective Governments to

enable them to act upon the acceptance of Russia
of the Four Points, but the conferences cannot
commence until the Turkish Minister has received

a reply from Constantinople, with instructions
how to act. That reply could not be received

till the 3d of February.

BRUSSELS, JAN. 22

A despatch from Frankfort confirms the news
of the sending by Count Bud to Count Ester-

hazy of a note dated the 14th, which was
handed to M. de Manteuffel on the 17th.
In this note Austria again demands the
placing of the Prussian troops on a war
footing, and replies to the despatch of M. de
Manteuffel of the sth. The question, it is posi-
tively said, will be brought before the Diet sooner
than was supposed. As a last resource Austria
will make use of article 12 of the final act of
May 15, 1820, on the constitution of the Ger-
manic Diet.

The latest accounts from Constantinople roper
the death of the Circassian chieftain Schamyl.

According to a telegraphic despatch received

in Paris last night from Prince Monschikoff,

nothing extraordinary had occurred before Sebas-
topol up to the 14th. Indeed, it is not believed
here that anything serious will occur previous to
the arrival of Generals Niel and Polissier, and
the Imperial Guard. A letter, purporting to
proceed from St. Petersburg, dated the 10th, says

that for some time past numerous relays are
posted at intervals of four leagues front Odessa
to Sebastopol for the purpose of conveying, as
soon as the snow is frozen over, reinforcements to
the amount of 40,000 men for the Russian army.
It is expected that the Russians will have
on the 15th February an army of 160,000 men
in the Crimea. At St. Petersburg complaints are
heard against Prince Menschikoff, who, strange to
say, is accused by the Imperial entourage, and even

by the people, of excessive prudence, and a total
want of that perilous quality which sometimes im-
pels a general to leave a good deal to chance. lie
is accused of being toofaithful a disciple of General
Koutousoff, who is said to have fought, in spite of
himself, the battle of the Moskowa in 1812, which
was disastrous to the Russians, and not to have dis-
played sufficient energy in preventing the French
from penetrating into Russia. The people are be-
ginning to get clamorous against the Prince, and
discontented even with the Czar, who, they think,

has already made far too many concessions. To

more they will not listen. Osten Sacken is again
spoken of as likely to obtain the command, in the
event of Menschikars removal, with Liprandi as
his second. In case of a change it is net certain
whether the Prince will be summoned to St. Pe-
tersburg, or be left in the Crimea with the duty
of defending the city during the assault, while
Osten Sacken commands the army in the field.
The letters repeat the assurance that the feeling
of the population at St. Petersburg is decidedly
for war.

o'clock. At half-past two the thermometer on the
Boulevards was Gi below zero.
Count de Montmirail, an habitues' of the Bourse,
has been sentenced by the Couit of Correctional
Police to six months' imprisonment and 500 f. fine,
for circulating false news and caluhanie3 against the
Emperor.

BOURSE, JAN. 22.—CLOSING PRICES.
Cash. fr. c. End of Month.
4i per Cents 95 —94 f. 50c.
3 per Cents 67 80 " 67 85
Credit l!elobilier 750 Roman
CrOdit Fonder 535 Austrian
Belgian Fives ...... .. Spanish Threes
Piedmontese B4 50 Home Debt

RAILWAYS—FOE CASH.
fr. o. fr. e.
Orleans ... ..... 1,175 Lyons 1035
Western 670 Rouen 1035
Cette GOO Strasburg .. BlO
Mediterranean' — Havre 555
Northern

AUSTRIA.
JAN. 18th..--The resignation of Baron Baum.
gartner, as Minister of Finances and Commerce,
is confirmed. His place will be taken by Baron
Bruck, who is succeeded as Minister at Constanti-
nople by Baron Koller. Baron Koller was for some
time acting Minister for Austria in London.
The diplomatic world at Vienna was anything
but sanguine as to the success of the forthcoming
negotiations.

The late incursion of the Russian s into the Dobrud-
scb a was a step not maturely considered before it was
taken, and is likely to lead to the most disastrous re-
sults for the Czar's brother-in-law and special sup-
porter, the King of Prussia. It has had, moreover,
the effect of opening the eyes of Europe to the syste-
matic duplicity of RussiA in professing her desire to
proceed with the negotiations for peace, and at the
same time taking a move which obliges Austria,
to act on the defensive, arid binds Prussia to sup-
port her by the terms of the treaty of 20th April.
Count Buol immediately had an interview with.
Prince Gortschakoff, and taxed him openly with
this breach of good faith on the part of his Go•
vernment. The Prince merely shrugged his
shoulders, mid replied that he was not to blame,
and knew nothing about the incursion. Despatches
were instantly sent off to Herr von Hubner at
Paris, with orders to communicate to the Emperor
of the French the notification, that in consequence
of this fresh aggressive act on the part of Russia,
the execution of the offensive and defensive treaty
of alliance could not be any longer delayed.