The Sun.
London, England, 1852-05-28 00:00:00

lut

LONDON FRIDAY, MAY 28, 1852.

Immediately before the dissolution of Parliament
the Earl of DERBY has expressed his views upon the
all-important question of the extension of the political
franchise. It must consequently be with more than
ordinary intere7,t that the speech del!v9red last even-
in the House of Lord,' by the prez.-nt leader of her
MAJESIT'S Government will be examined by the
various constituencies throughout the United King
door. From the observations which then fell from
the lips of the PRIME MINISTER, the electors
may perceive how far the members of the
ruling Cabinet are prepared to maintain the
oligarchic influences of Toryism as opposed to the
liberaiizng tendencies of the age—those tendencies
which are nothing less than the inciting principles in
the onward march of civilization. Unless he had been
in a manner compelled to explain his sentiments upon
a subject of such extraordinary magnitude, and in
some respects, moreover, of such bewildering intricacy,
would have
it is scarcely probable that Lord Dan
eloated 6 cititieAl juncture like the present in which

to announce onions e
-alculated, for many reasons, to 1
pi
olacable feelings of am-
provoke the most im' 'ument. It was, there-
mosity against his Govei ntancoussy that the
fore, by no means spc owls yesterday to
Noble Earl addressed hins_ his real sen-
the consideration of the subject, seen elicited
timents in the matter having L Tarl of
by the remarks with which the e eh an
EIABROWBY presented a petition praying
for suL
extension of the franchise as would
bestow upo-
learned bodies the rights and privileges of represen-
tation. Driven to the necessity of at once pro-
nouncing his opinion upon the most desirable means
of solving the problem of refor. 'n in the constitution
or re-organization of the Hoi Ise of Commons, the
First Lord of the Treasury . spoke out _with a
candour such as might scarcely I uve been anticipated
under the circumstances. He enc leavoured in no way
to conceal the dislike with which Ise had regarded pre-
ceding innovations. Nay, more t hate this, he affected
no readiness whatever to yield to this solicitude of those
who are desirous of placing the elective franchise still
more easily within the reach of the population. The
system of rotten boroughs he was, of course, obliged in
common truthfulness to reprobate as having been al-
together "indefensible." But, notwithstanding this,
Lord DERBY appeared last evening to intimate with
tolerable distinctness an anxiety on
his part to pre-
vent, if possible, the further distribution of the pre-
rogative of suffrage to those classes which be boldly
asserted to be " the most easily misguided portions
of the community "—meaning no other than
the industrial part of the population. For inasmuch
as the PRIME MINISTER declared his intentions thus
unmistakeably, we are rejoiced at the circumstance of
last night's discussion. Without that explicit announce-
ment of the intentions of the Minister as to the pro-
minent question of the day, that of Parliamentary
Reform, there might perchance have been serious
misapprehension as to the future policy of his Admi-
nistration. Henceforth all doubt upon the matter
appears to be removed. The Cabinet, with-
out having issued any manifesto, stands be-
fore the country in its true colours, as one
diametrically opposed to the further political emanci-
pation of the multitude. The people must look else-
where if they are really solicitous—as we devoutly
trust in our heart, and as we sincerely believe in our
conscience—to extend yet more largely amongst
themselves the sacred and (when once obtained) in-
defeasible rights of representation. It behoves the
Liberal electors therefore to take Lord DERBY'S
speech of last evening as a guide and an incentive in
their electioneering preparations.
Nevertheless, it must not be imagined that
the leader of the new Government has alto-
gether closed his eyes to the difficulty
of his own Ministerial position, or to the necessity of
something being done in reference to the House of
Commons with a view to its speedy re-organization.
Far from it. As a statesman of considerable
sagacity and experience he perceives the twofold
exigency by which his Administration has from the
first been confronted. It required no great pene-
tration, indeed, to discover that, whatever might be
the name of the Party elevated to power, from
that Party would be demanded concessions the per-
tinacious refusal of which would be impracticable
without the general disruption of the empire. From the
Radicals those concessions would have been large,
from the Whigs less, from the Tories least. Natu-
rally enough, the Tories imagine that the result of
the numerous and comprehensive reforms certain to
be accomplished by a Radical Cabinet would be, of
all things, the most disastrous to the Constitution.
Whereas the Radicals no less naturally feel assured
that the diminutive changes for the better brought
about by a Tory Administration would more than
anything—more even than a French invasion—en-
danger the stability of the state, the peace of the
country, and the prosperity of the population. Of
the medium course pursued by the Whigs the
country has had experience. It rests with the consti-
tuencies of these islands, therefore, to decide as
to the difficulty of the existing alternative.
From the forethought of the Liberal electors we
expect much. To the Free-traders generally we
look with implicit confidence. Neither will consent,
we feel assured, to commit the fortunes of Great
Britain, at this epoch, to the chances of an unneces-
sary and perilous experiment. The Free-traders
must bear in recollection that; although the Protec-
tionist leader has virtually abandoned the principle
of agricultural monopoly, he has done so, not be-
cause of his recognition of its pernicious ten-
dencies, but simply because he regards its triumph
to be wholly impracticable. The Liberals, on
the other hand, cherish in remembrance
the conviction forced upon them by common
sense that, although the Tory PREMIER admits the
reasonableness of extending the franchise to
learned bodies like the universities of Scotland, for
example, and to remote quarters of the empire, such
as Canada and Australasia, he allows that his mind is
more than ever averse to distribute more widely
among the masses nearer home the universally
coveted privileges and prerogatives of representation.
Satisfied as to the nature of the policy likely to be
carried out in the event of the Tories being
strengthened by a majority in the next Parliament—
aware from an unhappily protracted experience of the
nature of the policy certain to be revived in the
event of the Whigs being raised once more to the
offices of Government—the electors of the United
Kingdom should henceforth prepare themselves for
the electioneering struggle about to commence, no

from feelings of party, but rather from the pure and
elevated motives of patriotism. They should demand
of the various candidates, not who are their
tner, but what are their measures. They should
look not to persons, but to principles. The
battle at this moment is not, as formerly,
to be fought in the courts of registration. It is to be
commenced at the hustings and decided at the polling
booths. At the hustings tha question ought to be
"Are you a Free-trader ?" not as Sir JAMES
GRAHAM advises, "Are you a supporter of Lord
DEIZBY ?" Those who aspire to obtain a seat in the
House of Commons ought to be catechised some.

what more closely than as to whether they are
Whigs or Tories, Liberals or Conservatives, advo-
cates of Progression or Retrogression, of
the oligarchic or democratic principles of

government. They should, iastead of being
examined solely upon these general heads, be cross-

examined in detail a 3 to what may be the sentiments
entertained by them individually upon such matters
as national education, and vote by ballot, and an ex-
tension of the franchise, and a re-distribution of elec-

toral districts, and an advance in stnitary improve

ment, and a continuance of recent efforts at retrench-
went, and a further modification of our fiscal and

financial arrangements, together with other

scarcely lass important reforms long de-
manded, often refused, but ultimately cer-
tain of realization. The next general election,
in short, should be one in which the real feelings of
the people ought to be sounded more deeply than has
been the case in any one of our foregoing Parliaments.
In order to secure this happy result, it is only neces-
sary that the electors should be more true to them-
selves.
fruitful
They should regard the juncture as one
not only of good or evil to themselves, but
as likely to
redound to the glory or disgrace of many
future
generations. Upon the balance of the ap-
proaching elections infinitely more is dependent than
the victory of a Cabinet. The result must be in a
very great measure
either to undermine or to consoli-
date the Constitution.

After being read last evening for a second time, it
was
I
Rouse of Commons that the
Patent d be referred to a
Selectaen
Committtee. The question may ba considered
therefore As il
shelved during the existence of
v
the present Parliament. Although it is impossible
to deny the accuracy assertion
~ non made yesterday
ltiallS
of the
by the non. Member for Adwak, to the Effect that
the subject treated by the proposed enactment hod
not been sufficiently investigated, we Cannot butlament
the necessity for its still further procrastination.
The rights of inventors have already been
too
long overlooked to render it a matter of indifference
whether their claims should be denied exsamination
for another year, upon a plea inadequate under
ordinary circumstances. There cannot, of course,
be one moment's doubt that such must literally be
the effect of the decision arrived at last evening
in the Hou3e of Commons. The reference to a Select
Committee, at Any period, is the most Advisable

course that can be followed if the object happens to
be a lengthened and indefinite postponement. A
series of questions and answers as apparently exhaust-
ing and inexhaustible as a book of conundrums, is
indulged in by the more indefatigable Members
sitting on this Select Committee, and generally about
the tail of the session, when further progress in the
Bill (the course of which has been uninterrupted) is
ua altogether o gb eyt
theer impracticable,
Chairman
such a report
as ult
ultimately
a tiesl y
brought
appears
`n the table of the House in the agreeable shape of a
blue
book, numbering some ten or twelve hundred
d Nv euidgdh i nugu
a :es somewhereavoirdupois
When, o or four
pages,
as in the present instance, that
the matter ha p 1:
uO5,
how-
pounds soak
ever,
discussion is referred to
a Select Committee nee:
at a t:
it so
me when the country is on
the eve of witnessing a dissolution of the existing
Parliament, the hopeless abandonment of the
question implicated becomes, we conceive, still
more painfully apparent. Yet, while lament-
ing the procrastination consequent upon the
proceedings last night in the House of Commons in
reference to the Bill for Patent Law Amendment,
we would not, on any account, advocate in a
matter of such peculiar intricacy anything at all
approximating to precipitate legislation. The mea-
sure, which it is desired should be enlarged and other-
wise improved in application by the Bill read a
second time only yesterday, has been found, without
doubt, altogether inadequate to grapple with
the difficulties it was intended to dissipate.
Therefore, of course, it was only judicious
that some more energetic effort should be
made to secure the rights of inventors, and in so
doing to render the protection extended by the
Legislature in every respect cheaper and more ac-
cessible.

It was not enough that the sum required in the
purchase of a single patent, for England exclusively,
should have been reduced by the 14th and
15th Vic., c. 82, from 941. 63. altogether, namely,
711. 1 le. 81. for public, and 221. 14e. 4d. for private
appropriation, to 761. Cs. in the aggregate, or
541. 193. 2cl. for public, and 211. 65. 10d. for pri-
vate appropriation. More than this was re-
quired, in the way of emendation to the old
system, from the two Houses of the Imperial Legis-
lature. The process, moreover, needed a further
diminution than that of a single stage. It was manifest
from the moment the Act of last session was
passed that it was insufficient in every respect
as a means of decreasing the expense incurred
and of abbreviating the time consumed in the process
of obtaining a patent for England alone. Consider-
able excuse, however, may be made for even this
glarin.g inadequacy in the measure, for it must not
be forgotten that the Bill was hurriedly compiled,
hurriedly introduced to Parliament, and hurriedly
I passed through both Houses as a legislative pre-
liminary to the opening of the Great Industrial Ex-
hibition. It was intended that the enactment
should afford facilities in the way of obtaining
security to those inventors who might other-
wise dread the injuries of piracy on the dis-
play of their respective contrivances. A most
erroneous calculation assuredly—seeing that the
intended boon only reduced the stages gone through,
in the way to the final enrolment of the patent for
England, from "seven" to "six," diminishing the
sum of money expended in its purchase, as we have
already intimated by the insignificant amount of
181. sterling ! In consequence of this mistaken view
of the value of the patent law improvements of last
session, it was found necessary to introduce a Bill for
a somewhat more rational, because somewhat more
comprehensive amendment—a Bill which, after
being read a second time in the House of Commons
yesterday, was quietly interred in that receptacle of
things prematurely deceased, the respectable " tomb
of the CAruLETs," or, what comes to the same thing,
was handed over to the mercies of a Select Committee,
which, supposing even that it be actually called into
existence, can only survive long enough to be just
aware of its own in the general Parliamentary disso-
lution. Fur the amendment of the patent laws, there-
fore, we must look, as for so many other legislative
improvements, to the fortunate candidates soon to be
returned as the newly-elected representatives.

1y -- 12
4,3 A, p

10% - 11%
13 - 13%
- 1 p

145 - 147

Adis.
p
1916 20%
s;fi syB
5

Y - %p
10% - 1034

Railways. Nemim I Prices.
•

Cent. France (ON.) all
Charl. & Erquel. all pd
EDDe auDsmt
tcoehl. rnaidrt
Indian
eDnn
s.
h.
1.828)1:1 .
prpp
pd
1
Gt. Indian Penin. all p
Do. Do. 4% pd
Grnd. June. of Fra. 4 pd
Louv. a la Sambre 7% I
Luxembourg _l3/. pd
Do. (Railway) 10!. pd
Do. l/. pd
Do. (Canal) 2e. pd
Maria Antonia 27N pd
Do. New 81/z pd,
Namur & Liege all pd!
North. of France,l6/.pd I
Do. 201.3 p. c. Bds, all p
Orleans & Bor 111. pd
Paris & Lyons pd
Paris & Orleans all pd
Paris & Rouen ...all pd
Paris & Stras. ...all pd
Rouen & pd
Sambre &Meuse all pd
St. Andrew's & Quebec
(A) 4/. pd
Tours & Nantes 171. pd
West Flanders...B34 pd
West. of France 6/. pd

104 - 17
15 -1G

•.•
134 3A dis.

Ague Fria all pd
Anglo-Californian, all p
Asturia❑ 151. p
Australasian 2/. pd
Australian 5/. pd
Austr. Freehold all pd
Ave Maria all pd
Blaenarvon I. & C. all p
Brit. Austr. Gold all pd
British Iron 13/. 15s. p
Braz. Im. (is. 5 p) 24%
Do. Coca. & Cui. all p
Do. St. Job. del R. 15/.1
Carson's Creek all pd'
Cobre Copper ...40/. pd
Colonial Gold 11 pd,
Copiapo 14/ mil
Eng. &Aust. Cop. ali p
General all pd
Gold Mountain all pd
Great Polgooth all pd
Lake Bathu:st all pd
Lon. & Cal. Gld Quartz
Crushing Com all pdl
Mexi. & S. Amer. 31. pl
New Granada all pdl
Nouveau Monde, all NI
Port Philip l/. pd
Quartz Rock all pd
Santiago de Cuba 103/
South Australian, 1 pd
Tin Croft 7l. pd
United Mexican all pd
West Mariposa all pd

JOINT•
Australasia all pd
Brit. Nth. Amer. all pd
Colonial 25/. pd
Com. of London 20/. pd
Lon. & County 20/. pd
London Jt. Stk. 10/. pd
Lon. & Westm. 201. pd
Nat. Prov. Eng. 35/. pd
Do. New lO/. pd
Nat. of Ireland 22% p
Orient. Bk. Corp. all pd
Prov. of Ireland 251 pd.
Do. New all pd
Union of Austral all pd
Do. New 2l/.., pd
Union of London 101. p
Union of Madrid all pd

%a— • cli2.

Austral. Roy. Mail, 2 p
Canada 32% pd,
Eastern Steam...2s. pd
Gen. Stm. Nay. 141. pd
Gen. Screw Steam Ship.
ping Company...so/. p
Irish Beetroot Sug. 2i p
Penin. & Or. St. all pd
Do. Do. _l5l. pd
Royal Mail Stm. 60/. pd
Universal Emigration
and Colonization, 21. p,

22% - 23
14 -16

3% 3 dis.
4%- 434 p

- P
- 1j p

4yB
3% 3ys
%
ya
8 —lO

22% -23
13% ___ 1334
414, 41A -
47 p
45
4% p
291,i - 30
21 % 21 %
103/, - 11
4% - 47/8

„.
ss"it -- 59/8 dis.
2 7/8 31/
1 1/4 p

par % p
IA ___. 9,76 p

1 1/1 p
1/2 1
die.
1/2

•.• •••
ii % die.

. . .
1 % -. 2

jr.
...
pa %P

YBO'S. -

.....,
ly, —'l
dis,

IG3A -17,4
4%- 5

:K IA dis.
%s— %P
% %di s .

5 IS
%dis. par
par 3P
3/8 dis.
91/a 10
par
11 111/
2 21,4
dig

.STOCK 33.8.1 T
461/2 471,
55 -56

131,i - 141/1
25 - 262

18 --.1834
283% - 293%

17%-17
34 -36
41% -45%
16/8 - 17%
42 -42/
3 -
15 -16%

:ELLANEOUI
2 -2%
48 -49%

28% L 2.-9

2 -
82% - 83
34% - 35
77% - 78%

Buqneei done
to-day.

61%
223/1

215A3
11

33;4 1/
1 U%

29

82 y,

34 35

%- %P

11. T FIXED

RENTALS.

MToheNsEaleYs
of Cotton
ottonat
Liverpool
COMMERCIALyester NEW S•
CITY, TWO O'CLOCK.
mated at 12,000 bales, of which 1,000 American were
taken for export and 5,000 on speculation. The market
closed firmly with prices of all kinds against the buyers.
The sales comprised 9,500 American, 500 Pernam and
Maranham, at 6srl. to 74d, 100 Bahia at 60. to eid.,
300 Egyptian at 6101. to 74d., and 1,500 Surat at 34d.
to 4ed. per lb.—Railway Shares were depressed, at lower
quotations.
The usual course of business has been partly inter-
rupted by the observance of the Jewish holidays on the
two first days of the present week, and by the Epsom
races, but still on the other days there has been a good
deal done. Sugar has been freely sold, holders in some
instances submitting to a slight reduction, and Coffee
has been in request. Spices have been at steady rates
generally. Cotton has been in demand at high prices,
and Wool goes off very briskly.
The Australian merchants and delegates are earning
the gratitude of the colonists by their strenuous advo-
cacy of the interests of the various settlements, and it is
most satisfactory to observe that Sir John Pakington has
already in part anticipated their wishes. A large addi-
tional force of soldiers is to be sent out immediately;
the emigration rules are to be relaxed, trusting to in-
demnity from the colonial legislatures. and ships are to
be encouraged to come to the ports of London and Liver-
pool to take in free emigrants. We hear most extra-
ordinary accounts of the extent to which agricultural
settlers of some means are likely to go; and as to ware-
housemen, and merchants' and bankers clerks, they are
leaving by wholesale. The intention of the latter is
almost invariably to proceed to the " diggins."
There are no later arrivals to-day.
The Amsterdam Stock Market on the 26th instant
was without alteration for Dutch Stock. Spanish Bonds
a great attraction, and
foreign and
were rather feeble, Mexican more offered, and Grenada
and Venezuela declining.
Public Securities have been very firm, but not brisk.
fTehwere "
mOaainks"beahriend
necessarily
share accounts. Consols have been 59,i to par, and
New Three-and-a-Quarter per Cents. 1014 to Bank
Stock is firm at
221, and South Sea Stock at 1101,
Exchequer-bills of June have been 675. to 68s.
pre-
mium. East India I3onds
are 83s. to 86s. premium
Foreign' Securities have been very dull. Spanish 47, and the D
except
to
settle their
~1
Three per Cents. have been Deferred 204
to ;. Mexican Five per Cents. are fiat at 31
Equador Bonds are 4 to *. The receipts to those who
exchangeable
have subscribed are sow for certificates
e'
of privilege or preemption.
to 101
. mall Stock is
i Brazilian S
worth 99k, and Peruvian 00
Railway Shares have been very fluctuating, and have
not recovered the decline arising from the settlement.
There are buyers, however, in the market again.
„ 0.
Gold Mines are quiet, and, afterart having been depressed,
are a shade firmer.
.• •••
Consols
Ditto Account. June u

QUARTER
7/871:0 THREE.
*" 99i 100
... 99t. 100
oxt
PRIGzs OF BRITIstt FUNDS O'CLocx. CLOSING
BAnk Stock ......... ... 221 PRICES'
3 0 - C 6-4. Reduced Anng
,e. LL... 991 A% 221
99%
109911%1/2 99%
67/8 101%
Ditto 30 years, Jan. 5,1860.
India Stock .......... i % 7y,
3141+I:DDnvelhi:t3iC6' ufi, :30;3' ryC:e°C;ersi,tPl.9irAll nAI
1 Oct.j111811:0:, ti.1188.8.:5.59. ... ... ..::. : 6ii
_l6
r. 6
274
87 p
South Sea Stock no 86 p
CJasols lot Account
,J,xnbegner Dills. 11 d.
1,0001. ..
5001.
I 3 Diattno TICIId% 1.2 °1
t:430 0107 : ::. : ....
. ... .
Small,

June.
68 67 p
68 67 p

March.
75 p
75 p
75 p
ONE
czx or FOREIGN FUND& Ota.oex:
Braxiu
~z,„ Bonds, 5 per Cent. ... —
Ditto, S
Buenos Ayreßonds, 6 per Cent
Ditto. Account
kquador Bonds ...... 4% 4
Grenada Bonds, 1% per Cent.......
Do. Ex 1849 Coupons —
Ditto, Deferred
Blexictur4 5 per Cent., 1846 31%
Ditto, Account ... ....
Ditto, 3 per Cent.--
psravian Bonds, 1849, 6 per Cent lOO%
Ditto, Account
Ditto, Deferred, 3 per Cent 6l 62
Sardinian Bonds, 5 rer Cent.
Sania.b. 5 per Cent. 1840
....
Ditto. a per Cent ... . ....... ..
Ditto, Account ............... 47y 473's
Ditto. New Deferred. ..... ' 8
......
Spanish Com. Cert. Coup. not funded —% 3
per cent.
Dividends on the above payable in London.

CLOSING
PRICES.

991

8%
31%
31%
25
100
102
62
96

LLOYD'S SHIPPING—(THIS DAY.)
LONDON, MAY 28.—Wind at noon N., light airs and
cloudy.
WATERFORD, MAY 26.—Wind E.S.E. to
Arrd. Niclaros, Baumann, Ancona.
QUEENSTOWN, MAY 26.—Wind E.N.E., strong.—sjd.
Emulous, Barbadoes.
SLIGO, MAY 26.—Wind N.N.E.—Arrd. Una, Bertie,
Odessa.
Ga BELFAST, MAY 26.—Wind N.—Arrd. Flint, Davies,
SHIELDS, MAY 26.—Wind N.E.—Sld. Swan steamer,
Constantinople.
neld
HU
sen, LL,
R MAY 27.—Wind E.N.E,—Arrd. Alert, Stra-
iga.
CARDIFF, MAY 27.—Tho Ledruth, of St. Ives, drove
from her anchors yesterday, and got on shore E. of La-
vernock Point.
LIVERPOOL, MAY 27.—Wind E. to S.E.—Sld. Alceste,
Singapore; Lady Milton, Panama; Bianca, Acajutla;
John Henry, Philadelphia; Wm. Penn, New York;
Alexander, Varna. The Betsy and Mary sloop, of
Newry, from Troon to this port, sanknear West Hoyle
Bank yesterday; crew saved.
DEAL, MAY 27.—Wind E.N.E.; P.M., N.E.—Arrd.
Scotsman, Santa Martha; Goolock, Honduras; M
and'
Mediterranean. Sid. Colonist, Calcutta; Juliet,
__ern
Rajah, Bombay; Persia, Colombo; Naiad,
.DTbeorn7asi
Allred, and Electra, Grenada; Lisle, 5t rerta,
Florida, New York; Orion, Constantinople;
Bat*.

LONDON, FRIDAY EVENING, MAY 28, 1852.

NEWPORT, MAY 27.—Wind N.E.—Sld. Antonio,
Maria, Rio Janeiro.
DUNDALK, MAY 25. —The Pr t;rea., qie, {.f O. tend,
was seen to sink 2 1s t May. Tuska, bearirg N.W. by N.,
distant 12 miles, by the William, arrived here.