The Sun.
London, England, 1855-05-11 00:00:00

HIGH WATER ,AT LONDON BRIDGE._

• -
TOM DAY —Morning 45 nin.after 9 I Evening 23 min. aft.lo
To-Stosaow—Morning 0 rain.aftes 11 I Eveniug 29 min. aft.ll

ITS WEATHER.—Stri, Own, May. 11.
THERMOMETER, IN THE BRAD&
63—highest since neon yesterday.
49—lowest this morning and during the night.
53—this day, at noon.

BABonfrnat 29'52.
WIND, S.W.—Light, with fine mild weather.
THREE O'CLOClC.—Thunderstorna, with heavy shower
lif hail and rain.

- • -
'Crib g ie,
•74: J,Vo

of folly that must be speedily got rid of, so that
England may be enabled to show the mistake
made in asserting that she is not a military us.
tion.

Nearly two years ago, when Sir CHARLES WOOD
was striving to perpetuate the government of "the
Company," we pointed out the propriety of amal-
gamating the Company's end the Royal troops.
We proved that there was no necessity for retain-
ingthe complicated machineryin Leadenhall-street,
and that the government of nearly 150,000,000 of
her subjects should thenceforward be conducted
in the name of the British Sovereign. An in-
competent Minister and a truckling and apathetic
and prejudiced majority thought otherwise. We
now have learned some of the evils arising from
the India Bill of 1853. We shall know more on
the subject, if Parliament be not warned in time.
Unless it speedily pursue the course on which it
should have entered two years since, ourselves
and our children, and our children's children, will
have to lament in sackcloth and ashes the legisla-
tive blindness or corruption which prevents us from
availing ourselves of our most important resources
during a life-and-death struggle against such a
Power as Russia. We cannot with impunity suffer
such a continued drain on our resources, for under
the existing system India is a drain on, in place of
becoming, as it would bo, the right arm of, the
empire. We are now fighting with that arm tied.
We should free it, so as to bring all our force to
bear against our gigantic and formidable opponent.
If we had the services of the Indian Army we
should not be obliged to truckle to Germanism,
or submit to discreditable terms in order to look
for the assistance of Austria.

The nation has every reason to complain of
the mode in which public business is transacted
in the House of Commons, and its results. There
is far too strong a tendency to palaver, and too
little dignity, order, and resolution discernible
in its proceedings. If Honourable Members
have only opportunity to display their oratorical
powers, can further their private interests, or
glide easily through the Session, they appear to
be contented. The result is, towards the con•
elusion much remains undone that ought to have
been done, and much of what has been done has
been done badly. It is said to be a sign of weak-
ness in an individual to be perpetually in arrears ;
if so, the weakness of the House is most con-
firmed and distressing. It is always behind-band.
The close of every Session finds it up to the neck
in business that might have been done as it ought
at an earlier period, but was left to be disgrace-
fully hurried through at last.
The House, in fact, is deficient in business
talent and public spirit, and what it has is over-
laid by Ministerial influence and routine. To be
saved trouble Members permit themselves to be
led by Ministers in anything but a creditable
manner. They will suffer measures of the utmost
importance to be hurried through committee
without deliberation, and will daudle over and
over again, by way of show, with measures of no
importance, or measures that notoriously cannot
pass. How well their business and moral calibre
is appreciated by Ministers sufficiently appears
from the history of the " Education (Scotland)
Bill." When first introduced, the House saw
reason to reject it, and 'did-so iii A sufficiently
marked manner. Nevertheless—and when we
say it we mean it—to all intents and purposes
the same bill was re-introduced to be again con-
demned. It was sufficiently disrespectful to have
hrn,lght forward the bill 'a second time without
alteration of its provisions. To do so a third
time would be disgraceful ; and yet, in point of
fact, the same bill was brought in a third time.
Government had so little respect for the House,
to say nothing of being so indifferent on the
subject of the bill, as to suffer the Lord-
Advocate to repeat the offence, and the
House submitted patiently to the infliction.
We have nothing to say at present respect-
ing the merits or demerits of the bill. It may be
a good bill, one in every way calculated to effect
its purpose, or it may be a bad one, hateful to the
Scottish people, and likely to prove injurious ;
but whether good or the contrary, we say it was
too bad to have the time of the House, now grow-
ing daily more valuable, taken up by the intro-
duction of a measure on which it had once and a
second time pronounced a decided opinion by re-
jecting it. The House, however, has itself to
thank for the impertinence. If it chooses to earn
a character for indecision, want of earnestness
and self-respect, it ought not to feel any surprise
if it is treated accordingly.. ,
-
It is not, however, by Ministers only, and in
this instance the House has been so treated. The
evil has extended further. Individuals are to be
found who, session after session, pursue the same
game, if in a less audacious manner. Look at the
attempt so strenuously made to obtain the sanc-
tion of the House for the enclosure of Hamp-
stead-heath. On this measure the House has
most rightly, and by a large majority, pro-
nounced an unfavourable verdict, and yet,
in one insidious shape or another, it has
session after session been reproduced, and is again,
we understand, to be presented. We are far from
wishing a verdict of the House in all cases to be
deemed final. Far from it. We are too well
aware to what such a principle would lead. What
we object to is the time lost to the country at this
serious crisis, and the disrespect shown to the House
by the reintroduction of measures to which the
House is opposed, measures backed by no popular
opinion, and that can only be carried by sheer im-
portunity, and against the better judgment of
Honourable Members. We have indicated where
the fault lies, and if the House will not set to
work to remedy it we earnestly trust the public
will set to work to reform the House.

MONEY MARKET

AND
COMMEROIAL INTELLIGENCE.

CITY, Two o'CLocx.

The Cotton Market at Liverpool yesterday
closed very firmly, but with more offering. The
sales wore estimated at 10,000 bales (1,000 of
which were taken for export, and 2,000 on
speculation), comprising 160 Pernam and Maran-
ham at 50. to 6id., 300 Egyptian at 42d. to
7id., and 1,500 Surat at 21d. to 4id. per lb. The
Railway Share Market was steady.

There has been a moderate business done this
week in colonial produce, but the purchases aret
still for immediate wants only. Sugar has gene-
rally been at full rates, with a good inquiry, and
although the aggregate transactions in coffee have
not been numerous, the rates have slightly ad-
vanced. Rice has ruled heavy, and saltpetre has
been dull of sale. Spices have sold slowly at for-
mer values. Tea has rather improved in demand,
and cotton has been brisk. Tallow has declined,
and hemp as well as flax have been dull. Indigo
is firmer since the first day's sale.
The ships Ellenborough and Kate have arrived
from Sydney. The amount of gold they bring is
not yet known.

Messrs. D. Bell, Sun, and Co. report that the
market for American Stocks has been quiet during
the past week, with but little alteration in
prices :

_
Redeemable. Per Cent.
United States 6 per Cent. Bonds 1868...1061 1071
United States 6 per Cent. Inscribed
Stock 1867-1868...106 107
New York State 5 per Cent. do 1858-1860... 90
Pennsylvania 5 per Cent. do.
Pennsylvania 5 per Cent. Bonds 1877... 84 85
Massachusetts 5 per Cent. (Sterl. Bonds) 1868-100 102
Maryland 5 per Cent. (Sterling Bonds) ... 92 93
Alabama 5 per Cent. (Sterl. Bonds) 1858-9.66... 83 84
V irginia 5 per Cent. (Sterling Bonds) 1888... 86 87
Virginia 6 per Cent. Bonds 1886... 87 88
LOANS OF CITIES.
Montreal 6p. Cent. (Star. Bonds) ...1857-1865... 83
New Orleans 6 per Cent. Bonds 1893... 80 82
Do. do. do. 1874... 78
Do. do. do. 1884... 72 74
RAILROAD BONDS.
__

Illinois Central 7 per Cent. Bonds 1875... 67 68
Michigan Central 8 per Cent. Bonds
Panama 7 per Cent., Ist Mortgage (Ster-
ling Bonds) 1859... 94 95
Pennsylvania Central 6 p. Cont. Mortgage
Bonds 1880...88; 89;
New York and Erie 7 p. Cent., 2d Mort-
gage, Convertible 1859... 90 92
New York and Erie 7 per Cent. 3d Mort-
gage, Convertible 1883... 84 86
N. York and Erie 7p. Cent. Convertible 1862... 79 81
N. York and Erie 7 per Cent. Sinking
Fur d ... 78 80

The English Stock Market has been dull, and
from the shortness of the present account, the
speculators are not likely to enter freely into trans-
actions. Consols have been 884 , and since
88 The New 3 per Cents. have been
874 to 881, and the Reduced 874 4. Bank Stock
is rather heavy at 209, and India Stock at 2304.
Exchequer Bills are at Bs., and India Bonds at 15s.
pm. The Omni= is at to pm.
Foreign Securities have been very inactive.
Mexican Bonds have been steady at 20-1. to 21,
and Brazilian Old Stock is supported at 994.
Spanish Deferred have been supported at 18i
and the Certificate is at 4. Turkish Bonds are in
request at 741 to 75,1. Dutch 21 per Cents. are
at 63.

The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds si to 7 ; Mexi-
can, 201 to 21 ; Peruvian, 67 to 69 ; ditto Three
per Cents., 47 to 49 ; Portuguese Four per Cents.,
41 to 43 ; Russian Five per Cents., 98 to 100 ;
ditto Four-and-a-Half per Cents., 87 to 89 ;
Spanish New Deferred, 18k to 18i ; Ditto 3 per
Cents., 361 to 37/ ; Ditto Certificates, 31 to 4/ ;
Ditto Passive, 2i to 4.
For Railway Shares there has not been much
inquiry and the quotations continue -firm. firm. In
foreign shares less is doing.

The Foreign and Colonial Mines are neglected,
the Joint Stock Banks are steady and the Miscel-
laneous Shares without change.

BRITISH FUNDS THIS DAY AT ONE O'CL, r, .

( Pr... 44 oiricial List. j

8 tnk Stock
ii per Cent. Reduced Annuities.........
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
Lonstitinnuities, Expire sth Jan., 1860
Ditto 30 Years, Expire 10th Oct., 1859 3 11-16
India Stock
1 acha Bonds, £lOOO .. —
Ditto, under £lOOO l5
Consols for Account, 30th May BB,l i
Omnium
if,xchequer Bills, 24d.
21000
%al' 9 11
'exchequer Bonds 1858, 3i per Cent. 9Di
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK
li•Azilian Bonds, 5 per Cent 994
alexican 3 per Cent.
Spanish Bonds, 3 per Cent

Ditto New Deferred, 3 per Cent. lBi
Ditto for the Account..
Spanish Committee Cert. of Coup. not fun 4
Turkish Bonds, 6 per cent
Ditto for the Account....
Ditto Small
Olvidenda on the above payable in London.
Dutch Exchange, 2} per Cent. 12 Gun
HALF-PAST TWO.
Consols • BBl
Ditto, May Account

MARSEILLES, May 9.—The quay of the Joliette is
encumbered with cannon, gun carriages, bon, shells,
and a troop of very fine artillery horses, 'Which are being
embarked on steam-vessels and transports, to reinforce
the army in the Crimea. The quantity of gunpowder
shipped and to be shipped for the East is incredible,
One of the Rhone boats alone brought down 150 tons of
gunpowder, 100 tons of bomb shells, and 100 gun car-
riages.

ROYAL ITALIAN OPERA. Verdi's long-promised
opera, Il Trovatore (the "Troubadour") was produced
last night, in the presence of a crowded and brilliant
audience, with great success. Madame Viardot Garcia
made her first appearance this season, as Azucena, the
gipsy, and was received with enthusiasm. The other
parts were sustained by Mademoiselle Jenny Ney, Sig-
nors Tamberlik, Graziani, and Tagliafico. The opera is
splendidly put upon the stage. 11 Trovatore is to be re-
peated to-morrow.
ROYAL VISIT TO THE POLYTECHNIC INSTITUTION.—
Last evening her Majesty, the Prince Consort, the
Duke of Saxe Coburg, Princess Hohenloha, Princess
Royal, Princess Alice, Princess Adelaide Hohenlohe,
Princess Feodore Hohenlohe, the Prince of Wales,
Prince Alfred, Prince Victor Hohenlohe, accompanied
by Lady Gainsborough, Lord Camoys, Baron Treskow,
General Buckley, Captain du Plat, Mr. Gibbs, &c.,
honoured this institution by a visit. The building was
closed throughout the day, in order that the necessary
preparations might be made for the reeeption and ac-
commodation of the royal party, her Majesty having ex-
pressed a particular desire that the visit should be per-
fectly private. Prince Albert expressed his high
gratification and that of- her Majesty at the various
entertainments which had been provided for them, and
the royal party left the institution shortly after eleven
o'clock.

The Queen will hold a levee (the last this season), to-
day, at St. James's Palace. In the evening, her Ma-
jesty, accompanied by the illustrious visitors at present
enjoying the royal hospitality, will honour the amateur
performance at Drury-lane Theatre with their presence.
Her Royal Highness the Duchess of Cambridge and
the Princess Mary honoured the performances at the
Royal Italian Opera with their pkttieficelisrevening.
The Countess of Galloviay and family have arrived in
Eaton-square, for the season. Lord Galloway is expected
from Scotland shortly.
The Earl and Countess of Listowel and family have
arrived at Kingston House, Knightsbridge, for the
season.

The Countess of Abingdon was presented to her Ma-
jesty, at the Drawing Room, on the 2d of May, by
Frances, Countess Waldegrave.
The Earl Granville transacted business at the Council-
office, yesterday. The noble earl &so joined his col-
leagues at the Cabinet Council, en Wednesday.
The Isle of Wight is rapidly filling with fashionable
company. _ _

Preparations are made at Dover to receive a first por-
tion of the Foreign Legion, shortly expected in England.
A West-end tradesman is about to send to the Paris
Exhibition jewellery of the value of 120,0001., including
a tiara which has cost 5,0001.
The Royal mail steamer Solent, for Brazil and Buenos
Ayres, has taken out 40,3651.
The dollars brought by the last Mexican steamer were
sold to-day at Did. per ounce, being an advance of id.
per ounce on the price realised for those by the previous
packet. This rate, however, and even a slightly higher
one, was paid for a limited quantity early last week.
Mr. Truefitt, of the Burlington Arcade, has recently
opened a salon in his establishment which justly merits a
passing notice, from the successful manner in which it
has been decorated by Mr. C. Broadbridge, the architect,
.29i,•teri by Mr. W. Prior, the art Lt. The style is the
Renaissance, and the tableaux have reference to the
events of the present war. The lanthorn shape of the
room affords the best possible light from above for the
display of artistic effects, contributing to a tout ensemble
not surpassed by any other apartment designed for
purely trade purposes in the world.
A solemn Te Deum was sung at Florence on the 4th,
by order of the French ambassador, Count de Montessuy
to celebrate the happy escape of the Emperor of the
French from assassination. A Dizilar uoremoDy took
placo ft, Row 04 tha 30th

. ;...a,.... .