The Sun.
London, England, 1852-02-09 00:00:00

LIABILITIES.

Capital ... ... .. ... ... f. 67,900,000 0
Ditto of the Branch Banks ... ... 23,350,000 0
Reserve fund ... ... ... ... 10,000,000 1
Ditto of the branch banks ... ... 2,980,750 14
Reserve-immobiliere ... ... ... 4,000,000 0
Notes to bearer, in circulation ... ... 451,776,600 (.
Ditto of the branch banks ... ... 128,126,650 0
Ditto to order (post-bills) ... ... 6,875.574 26
Account-current with Treasury creditor 78.927,434 30
Various accounts current 118,522,732 16
Ditto in branches 26,192,867
Bibs payable at sight ... ... 8,791,500 0
Ditto at branches 3,025,931 0
Dividends payable ••• • • ••• 776,422 25
Liquidation of the Algiers Bank ... 6,790 0
Expenses anticipated ... ... ... 1 / 7,108 39
Discounts, interest, and expenses ... 287,596 47
Ditto of branch banks ... ... ... 495,473 0
Re-discounts of the last six months ... 168,450 0
Ditto in branch banks .. ... ... 240,4:32 0
Interest on protested bills ..• ... 178,404 2
Miscellaneous ... ... ... ... 337,193 52

f. 933,077,908 51
Certified by the Governor of the Bank,
D'Abc OUT.
It appears from the preceding account that the cash
in hand has decreased by 947,000 f, The commercia:
bills discounted bare decreased by 3 049,000 F. The
Bank notes in circulation have decreased by 7,868,000 f.
The balance to the credit of the Treasury has (I,,cresied
by 1,535,000 f. The sundry credits have increased by
5,916,000 F.

THE Att.VIY AND NAVY:
(From the United Service Gazette.)
THE NEW FOREIGN SECRETARY'S FIRST ACT.—We
regret to hear that the first act of the new Foreign
Secretary has been that of truckling to America, in the
affair of her Majesty's sloop Express, 6, Captain Fead,
and the American packet Prometheus. at Groytown. To
conciliate the Government of the United States, the
Express has been ordered to leave the West Station, and
to proceed to the Brazils.
COMMAND OF THE NEW ARCTIC SEARCHING
EXPEDIIION.—It is now certain that Captains Sir E.
Belcher and Henry Kellett, C.B. (1842), will command
the ships of the new searching expedition. The gallant
officers are already making their arrangements. Com-
mander M.`Clintock, of the two last expeditions, will
als', have the command of a ship in this squadron.
IMPORTATION OF GUNPOWDER AT THE k,APE.—After
the determination of the Governor to restrict the impor-
tation of Gunpowder, her Majesty's sloop Grecian, 12,
Commander tee Hon. G. D. Keane, was ordered to
eruise off the west coast, to intercept all vessels having
carEoes of gunpowder intended for the colony.
Her Majesty's screw corvette Encounter, Captain
Gordon, now in the Mediterranean, has been ordered to
Lisbon, as we have already stated. Fresh instructions
have been sent out, ordering her to Spithead for Channel
serwee.

REDUCTION OF THE COAST OF AFRICA. SQUADRON.-
stsc,d.some time s,nce that the Gladiator steam-
frigate, Captain Adams, had h. en ordered from the coast
of Africa to the Cape. We now hear that the other
post ship on the coast station, the Sampson steam-fri-
gate, Captain L. T. Jones, together with the Archer,
12, screw-sloop, Commander Strange, are also to be de-
tached from the coast station, and are likely to join Com-
modore Martin, at Lisbon.
Her Majesty's sloop Pantaloon, 8, Commodore Hyde
Parker, may be expected at Portsmouth every hour.
She sailed from the Mozambique for England without
touching at the Cape, for very particular reasons.
Her Majesty's steam-vessel Harpy, on the Brazils
station, has been surveyed, and in consequence of the
defective state of her boilers, she has been ordered to
England forthwith to be paid off and repaired.
Her Majesty's steam-sloop InfLxible, 6, Commander
H. P. Dyke, has been ordered to leave the West India
station, and to proceed forthwith to Lisbon, to join the
squadron of Commodore Martin.
Her Majesty's steam-frigate Dragon, 6, Captain H.
W. Gifford, now at Gibraltar, has been ordered to pro-
need to Lisbon, and join Commodore Martin's squadron.
Her Majesty's frigate Indefatigable, 50, Captain
Smart, K.H., has been ordered to be detached from the
Mediterranean station, and to join Commodore Martin's
upadron at Lisbon.
NEW DOUBLE-BARRELLED RIFLE.-We have seen a
letter from an officer of the Artillery at the Cape of
Good Hope, giving an account of a double-barrelled rifle,
which seems to eclipse every projectile of the kind
hitherto offered to public notice. According to the
writer, the rifle has ranged (with a false sight) two
thousand and twenty-four yards. He has himself, with
a Minie butte-, shot with precision at twelve hundred
t° nfteett hundred yards! There can be no mistake
about these fact. for we have seen the letter-that of an
officer well known to us personally-in which he gives
antoxrdTetrNaftuirtstuhe immediate supply of another such rifle.
view of orderitZcrtheFiexs.--The Admiralty, with the
or ,xtingnioling
fire'
must effectual means tor preventing
thorities to state
ex nether
called upon the Dockyard au-
established for extinguiesrhrly organised system has been
11217 fire afloat or ashore.
ORDNANCE.-TiaerQ are
on the forts, towers, and batteriPeiseineslorefleaanndn,oanticimlo3undtiesd.
mounted.
TROOPS FOR FOREIGN SERVICE The following corps
are held in read:nese to embark Z.
31st, 40th, and 57th service-Ist,
2d Battalion; Royal,
Ot the allowance of 1001. a-year "ggriaTleteuttg.otioonetwl en ty
Lieutenant-Colonels, having the Brevet of
half-pay after thirty years' full pay service, there is u9Loln.
a-year unappropriated at the present moment.
Captain D'Aguillar, of the Royal Artillery, has suc-
ceeded Major Harvey as Aide-de-Camp to the Lieu.tenant-General commanding the South-Western District.
The followit)g depots of Infantry, stationed in Ireland,
73d, 6th, Royal; 41st,
are first on the roster fir Great Britaif, viz., 66th, 34th,
490, s_9:b, th, 92d, Gordan
Ilighlandprs; 68th, Light Light Infantry; 55 h; 3d Buffs;
74th Highlanders; 60th Riflp-4, 2d Battalion; 2d, or
Queen's Royal; and 43d Light Infantry
in Ire-
.
The following Infantry regiments,
stationed
land, are first on the roster tor foreign service-71st,
Hioland Light Infantry, Ist Battalion; 89t, 39th, 14th,
9th, 623, 1703, 523, Light Infantry; 633, 81st, 35th,
27th (Inniskihing); 90th, Light Infantry, and 91st, Ist
Battalion.

THE ENGLISH PRESS.
(From the Times.)
Destined, as we believe the press to be, to occupy a
position of continually increasing importance,
and to
exercise a power over the formation of public opinion
compared with which its present influence is but slight,
it is most desirable that a true theory of its duties, re-
sponsibilities, and field of action should be enunciated,
or, at any rate, that it should not be fettered by the ap-
plication of erroneous tests and arbitrary principles. The
ends which a really patriotic and enlightened journal
should have in view are, we conceive, absolutely identi-
est with the ends of an enlightened and patriotic Me.
nester, but the means by which the journal and the
Minister work out these ends, and the conditions under
which they work, are essentially and widely different.
r, •
statesman in opposition must speak as one prepared
to ta,k.
' —office; the statesman in office must speak as one
preparedrn to act. A speech or a dispatch with them is
sinue—aent_u_i_ng more ti-an an argument or an essay—it is a
. °Lire- Undertaking not so much the investigation of
/Alike' problems as the conduct of political affairs, they
are uecesserily
much seekers a pedieneye T-Jhonot so
-
niter truth as ex-
cel function; it wPress, on the other hand, has no practi-
argument and di lrks out the ends it has in view by
connected with allrnuZii°a alone, and being perfectly un-
awti:alltive or executive duties, may
and must roam at free
litical action dare not to ill topics which men of po-
Lord Derby wishes to see ii Were the press to be, as
oi confined within the same
narrow limits as practical
once its power and elasticity,aatneren, it would lose at
becausesink into a dull chro-
nicle of passing events. It is
it can discu,s
things which political men in
buckram must not assail,
tone which they are or
and throw off the convention
believe themselves forced to
Pally , that th,• press is
most
liberal
which we
able to give a support to liberty
should seek in vain from the
_ . "etas with exter-
al Government.
Government must treat other Geyer,
nal respect,
however black their 911g14 or foul their