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

LONDON, TUESDAY, 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
varieties of political opinion. It is a duty which
we believe will not be neglected, nor even executed
in a slovenly manner.

The Parliamentary campaign, which practically
commences this day, will, in many respects, be
one of the most important ever recorded in Eng-
lish history. Many deeply interesting questions
must be decided, not only respecting the foreign,
but also the domestic, policy of the country. All
relating to the war must, of course, command the
earliest, but not necessarily the exclusive attention
of both Houses. Nothing that by any possibility
can conduce to the comfort or welfare, or, still
more, the safety of our gallant troops, now sta-
tioned in the Crimea, can be for a moment ne-
glected or postponed. All other topics, however
pressing, must yield to the superior urgency of
matters relating to the War. But, while we
yield that undisputed priority, we must also
insist on the propriety, nay more, the necessity,
of effecting other reforms, on which the prosperity
and happiness of the nation greatly depend. We
must earnestly protest against the precedent of
last session being followed, of ruthlessly sacri-
ficing everything, not to the efficient carrying on
of the Wart but to the convenience of the Mi-
nistry !
In 1854 the nation was greatly excited by the
formal declaration of hostilities. Although
naturally discontented and dissatisfied at the con-
duct of the Government in the first instance, at
its truckling to the CZAR, and ridiculously impo-
tent negotiations, when any man of ordinary
common sense must have seen that no-
thing but prompt and decisive action could
have had the slightest effect on the iron will of
the AUTOCRAT, it made considerable allowance for
the desire to exhaust all the means of preserving
peace. Although convinced that the course
adopted was the worst possible, it gave some de- '
gree of credit to Government, and fondly believed
that, when the sword was actually drawn, and
hostilities had commenced, there would have been
some indications of the energy and activity which
were so deplorably wanting in the earlier stages.
It did not wish to obstruct the measures about to
be adopted on the Ministerial responsibility, or to
insist on disclosures that might be premature, and
possibly prejudicial to the nation. The principle
was boldly enunciated by the thick-and-thin sup-
porters of the Joint-Stock Administration in the
public press—that because the country was at
war, no question of " confidence," or rather want
of confidence, could be entertained ; that any de-
cided opposition which might, by a possibility,
ic.u. %,..., a iiriut.,...t...s. .....1...... comaa ~...a., .i.,.. wa,...w.t7,1
by the friends of Russia I Ridiculous as was this
fallacy—untenable as was the principle—it was
adopted by the Ministerial Leader in the Lower
House, and acted on by both branches of the Le-
gislature. It served as au excuse for withdrawing
every Ministerial, and resisting every Opposition,
proposition. No measure on which any difference of
opinion existed could be pressed through itsvarious
stages. What is facetiously termed " the mas-
sacre of the innocents" commenced at an unusually
early period, and was continued with unrelenting
severity, so that few indeed of the many interest-
ing measures introduced arrived at maturity.
Although, before the meeting of Parliament on
the 12th ultimo, the delusion which induced
many to place reliance on the efforts of the Go-
vernment was dispelled—although the nation was
thoroughly disgusted with the incapacity and
carelessness displayed in the management, or ra-
ther mismanagement, by those in office—
still it was felt by many that the time had not
' arrived for insisting on explicit information, or
enforcing categorical answers to the many search-
ing
interrogatories that might be exhibited. It
was declared that Parliament was called
together merely for the purpose of pas-
sing two measures indispensable to the se-
curity of the Allied Forces in the Crimea.
Ono of these, the Militia Bill, was carried almost
by acclamation ; whatever differences might exist
as to the details, there was but little respecting
the principle. It was merely giving permission
to the militia to serve with their own assent in
certain colonies, so as to relieve the regular gar-
risons, and enable them to proceed to the seat of
War, should their services be urgently required !
Nor was it the assent of a majority of each regi-
ment that was required. No man could be
called on to serve beyond the limits of the United
Kingdom, without his own individual approval.
The other question was, however, one of a very
different character, and subjected to very different
treatment. The first, respecting which there
was no difficulty, was openly avowed ; its pro-
visions were made known_ to the nation, so that
it was stamped with popular approbation oven
before its introduction. It was also alluded to in
the Ito* Speech, so that, so far as the Militia
Bill was concerned, everything was straightfor-
ward and above-board. Not so the Foreigners
Enlistment Bill. It was kept shrouded in the
deepest mystery to the last moment. Not a hint
was suffered to transpire that could inform the
public mind or lead to an expression of public
opinion. Ministers felt themselves the weakness
of the case the unconstitutional nature of
the measure which, through some latent but
powerful influence, they were compelled to
bring forward. Their consciences taught them
that success could only be achieved by means of
a surprise, and therefore a surprise was resorted
to, and, unfortunately, was but too succcessful.
The measure was carried, to the intense disgust
of
ywhichtthe British people. And we may judge how
far the plea of "urgency," which alone led to its
adoption, was well founded, from the fact
that nothing since has been done to carry out
its provisions.

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 are:not 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 ?
the feelings that found vent in rapturous
and vehement cheering completely changed ?
We believe not 1 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—lay more, her sense of justice, may de-
mand. But these are the only matters to be 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 until the ordinary
period of discussing new !projects ; for' nothing
whatever has been doze 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 Army of
the Crimea. Nay, more, it is said en good autho-
rity, that it has not as 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 nation 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 from 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-
p•mrleoL—^tuber will L. Fnnnd nreoared +" +-1'"
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
COMMERCIAL 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,
anal full prices were obtained for all kinds. The sales
con 'prised 6,250 American, 150 Pernam and
Ma ran.ham at 6d. to 61d., 120 Bahia at -6d. to
626%, 200 Egyptian at Md. to 7d., 1,200 Surat
at 2id. to 4d., and 80 Sea Island at 10d. to Is.
41.. per lb. Railway Shares were dull at lower
pri, ces.
The Government rum contract has been taken at
2.. Bd. to 2s. 9d. for the East India, and at 3s. to
3s. ld. for proof Leewards. The quantity taken
v ras 53,000 gallons, being smaller than was ex-
pected.
Glasgow letters 'announce the failure of Messrs.
'Turiff and Sharp, largely iu the iron trade, at New
1 Cumnock.

No accounts beyond the telegraphic outline are
yet in town per Great Britain from Australia, but
the largo 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 Baron Sina is to be
made a commander of the order of Leopold,
and Baroa 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 upward 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. 6d., 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 flat
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 91i and since 91i for transfer. The ac-
count prices have been 911 Exchequer Bills are
4s. to 75., and East India Bonds 14s. premium.
The New 3 per Cents. have been 91i to 92k, and
the Reduced 914 to 1. 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 37i
and 36i in the Three per Cents., and to 18 and 17-
in the Deferred. Mexican are flat at 21 to f.
Belgian 4i 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 21i ; Peruvian, 70 to 72 ; ditto Three
per Cents., 50 to 52 ; Portuguese 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 13 ; ditto Three
per Cents., 361 to 371 ; ditto Certificates, 41 to 51;
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
Steam scarcely so high.
supporta,' Clryßtui F0.1...3.. oval. heavy, Pornusular

BRITISH FUNDS THIS DAY.—CLOSING PRICES,
(Prom the Ojcial List.)
Bu-iness done
3 per Cent. Reduced Annuities.... .........
3 per Cott. Consols Annuities
New 3 per Cent. Annuities
5 per Cent. Annuities
Long Annuities, Expire sth Jan., 1860 .. 4 5-16
Ditto 30 Years, Expire 10th Oct., 1859 4 3-16
Ditto 30 Years, Expire sth Jan.,1860 4 3-16
India Bonds, £lOOO .....
Consols for Account, Bth February
Exchequer Bills, 24d.
£l000
£5OO 4 7
. _

Baud!
Exchequer Bonds 1858, 3i per Cont. --
Ditto 1859,
1)B,ICE OF FOREIGN FUNDS THIS DAY.
Wexican 3 per Cent.
Portuguese Bonds, 5 per Cent., Con. 1811
Ditto 4 per Cent
Sardinian Bonds, 5 per Cent... ...... 86
Spanish Bonds, 3 per Cent 37 61 7.}
Ditto New Deferred, 3 per. Cent lB 17i 3
Turkish Bonds, 6 per cent
Ditto for the Account 76
Dividends on the above payable in London.
Belgian Bonds 46 per Cent. ex. 25 fr
Dutch Exchange, 24 per Cent. 12 Gull
THREE O'CLOCK.
vnnsols. . 9ll
Ditto, February Account

MARKET .NEWS-(THIS DAY.)

HAY MARKETS.

SMITHFIELD.—Meadow hay, 3/ 33 to 4/ 17s Od ; clover
ditto, N 10s to fit 03 ; and straw, 115 s to 1/ 103 per load ;
A short supply and a steady demand.
CUMBERLAND.—Meadovr hay, 31 8a to 51 03 ; clover
ditto, 31 103 to 51153 ; and straw, 1163 to 1/ I'le per load.
Trade firm.

WHITEMAPEL.—Meadow hay, 31 r,s to 4/ 17s; clover
ditto, 3/ 5s to 6 03 ; and straw,' 11 4s to 1/ 10s per load.
Supply good and trade firm.

COLONIAL.

SUGAR.—A. fair business has been done, and foreign has
realised very full prices. Brown lumps are 42s to 42s 6d,
and grocery 43s to 495. Tho 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 IEB hhds, 3 tierces, 51 barrels.
Stock in the same places is 13,37 G hhds, 2,183 tierces,
2,126 barrels. _ _ _

COFFEE.—Native 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.—Thero was a moderato inquiry, but only few
hundred bags of pinky Madras have been sold at 12s 9d
per cwt.
COTTON.—The sales are 350 bales, at full prices.

Rum.—The quantity taken by Government is not exactly
known. About 52,000 gallons have been taken in this
market. At Liverppol and Bristol the amount is not
stated. Proof leewards are about 3s to 3s ld per gallon.
The quantity landed last week at the East aud West India
Docks was 437 puns. Exported 88 puns, 196 hhds. Stock
at the same places is 11,702 puns, and 206 hbds.
TEA.—Common Congou, is quiet at 101 per lb.
TALLOW.—P.Y.C. is firm. at 57s 3d to 57s 6tl per cwt on
the spot.

Now, however, the
time
arrived when all these has at eng
mattersi must
bthe
fully inquired into ; who T
n —ord ABERDEEN
and some of his colleagues must be arraigned at
the bar of public opinion, and when they must
stand or fall on their own merits or demerits
'
receiving no adventitious aid from the fact of the
existence of hostilities ; on the contrary, it will
constitute a more powerful reason . for rendering

THE SUN, LONDON', TUESDAY EVENING, JANUARY 23, 185 5.

LATEST NEWS.

VIENNA, JAN. 21.

The Vienna Cabinet has rec eived despatches
from London and. Paris announcing the determi-
nation of the Western Powers :not to relax their
military efforts on account of w':hat 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, Jew. 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 yesterday.
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 Correspondance 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 report
the death of the Circassian chieftain Schamyl.

According to a telegraphic despatch received
in Paris last night from Prince Menschikoff,
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. PeEasier, 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 from 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. He
is accused of being too faithful a disciple of Glneral
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 Menschikoff's 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 6 below zero.
Count do Montmirail, an habitue of the Bourse,
has been sentenced by the Court of Correctional
Police to six months' imprisonment and 500 f. fine,
for circulating false news and calumnies against the
Emperor.

BOURSE, JAN. 22.—CLOSING PRICES.
Cash. fr. c. End of Month.
4. per Cents 95 —91 f. 50e.
3 per Cents 67 80 67 85
Credit Mobilier 750 Roman
Credit Foncier 535 Austrian
Belgian Fives ...... .. Spanish Threes 33
Piedmontese B4 50 Home Debt
RAILWAYS—FOR CASH.
fr. c. fr. c.
Orleans
Western 670 Rouen 1035
Cato GOO Strasburg
Mediterranean' — Ha. ...e 555
Northern