The Sun.
London, England, 1839-10-26 00:00:00

with the recent possession of freedom, are not likely
to work cheerfully under such injurious treatment.
" For myself, gentlemen, I thank you for all the
regret you express at my removal from this govern-
ment. I have staid here, however, longer than my
duty to my own family warranted. Neither scur-
rilous abuse from the pulpit, or from the press, or
repeated threats of assassination, have deterred me
from doing my duty to the emancipated population.
I have been more than rewarded by witnessing their
sober joys in freedom. I fully forgive the violent
men who, smarting under the loss of power, have
heedlessly imputed to the Executive those galling,
changes ordained by Providence, against the inte-
rests of the selfish few, for the happiness of the many.
" I entreat you also to forgive your enemies, and
I feel confident you will continue to use your in-
fluence, in encouraging the industry of the labour-
ers, remembering how essential employment is in
all countries for the prevention of crime, and how
much the spread of universal liberty to the slave
must depend on the result of remunerated labour.
Gentlemen, I take my leave of you, with sentiments
of the most sincere respect and esteem. I beg you
to receive my best wishes for the peace and happi-
ness of vourselves, your families, and your commu-
nity ; and so long as my name may be recollected
by the members of your church, implore them, for
my sake, to persevere in the character which they
have earned, as good Christians and loyal subjects.
" LIONEL SMITH.
" To the Ministers of the Baptist
Western Union, &c. &c."

PROPOSED TESTIMONIAL TO
THE LORD MAYOR.

A meeting of a Committee constituted for the pur-
pose of determining upon voting a testimonial to the
Lord Mayor and Lady Mayoress, took place on Wed-
nesday last, at the London Coffee-house. It consisted
of a number of those who admire his Lordship's zeal,
energy, and ability in the general discharge of his offi-
cial duties. Sir FRANCIS OMMANEY in the Chair.
The CHAIRMAN having called on Mr. Jones, the
Honorary Secretary, to read the circular convening the
meeting, said that it was with much surprise he found
himself called upon in such an assembly to take the
Chair. He most heartily concurred in the object of
the meeting, and felt convinced that no Chief Magis-
trate was ever better entitled to the approbation of his
fellow-citizens than the Lord %layor. He felt highly
honoured at being placed in the Chair on such an oc-
casion, and would be most happy to hear any observa-
tions or suggestions calculated to accomplish the views
they all had in the most becoming manner.—(Cheers.)
Mr. WIRE said that the Chairman was entitled to
the thanks of the meeting for the prompt manner in
which he had taken the Chair at a minute's notice. He
was most desirous that an honourable tribute should be
paid to the Lord Mayor by the citizens in the very best
manner, but he thought that the present meeting was
premature under existing circumstances. The meeting
ought to adjourn, and the objects contemplated ought to
be postponed until the expiration of the present Mayoralty.
—(Cheers.) He therefore proposed that the present
meeting should form themselves into a committee, and '
that the public meeting should not be held until the
present Mayoralty should be at an end.
Mr. SAUNDERS rose with high gratification, to
second a motion which was calculated to pro-
mote so worthy an object as the presentation
of a splendid testimonial to the Lord Mayor.
The desire to contribute would, he was convinced, not
be confined to the citizens of London, but would be
extended to all classes.—( Cheers.)
Mr. CLIFTON, although he concurred in the sug-
gestion of Mr. Wire, still thought that there was some
explanation due to the meeting, to account for the
circumstance that the original intention was departed
from. There were two committees, one of them a sub-
committee, and no report had yet been made by either,
and he thought it would be satisfactory for the meet-
ing to be informed why there had been any deviation.
Mr. SAUNDERS was happy to hear that Mr. Clifton
agreed as to the policy of the. suggestion of postponing
the general meeting. It would
'he was sure be the most
advisable course, and a moments reflection 'would show
that it justified the departure from the first inten-
tion, which sprung from impulse.—( Hear, hear.)
The following motion was then proposed :—" That
the present meeting should form itself into a Committee
for the purpose of presenting the Right Hon. the Lord
Mayor and the Lady Mayoress with a testimonial of
the high opinion which they entertain of the ability and
zeal with which his Lordship discharged his official
duties, and of her Ladyship's dignified and amiable con-
duct while she presided over the hospitable festivities of
the Mansion House, and that this meeting stand ad-
journed for the purpose, until the Lord Mayor should
have vacated the Chair."

Mr. FREDIERICX SALMON thought that the day of
meeting should be mentioned in the resolution.
Mr. WIRE said he thought that the meeting ought to
to take place a week after the first day of meeting of the
Common Council in the new Mayoralty.
The Rev. Mr. BAXHAM said that he• was not con-

nected with the Corporation, but presiding, as he did,

over a large parish in the metropolis, he could bear tes-
timony to the valuable exertions of the present Chief
Magistrate, and he was convinced that the expression of
public opinion would not be confined to the city of
London.—(Cheers.) He therefore suggested that the
resolution as regarded subscriptions should specify that
they should be received from the citizens of London and
others.—( Cheers.)
The suggestion was cordially approved of.
The SECRETARY then read numerous letters from
persons of the first respectability, expressive of their
cordial co-operation in the objects of the meeting, and
requesting that their names should be put down upon
the committee, and for liberal subscriptions.
The resolution having been unanimously agreed to,
Mr. HENRY POWNALL, of Spring-grove, Middlesex,
proposed a vote of thanks to the Chairman, which having
been passed amidst acclamations, the meeting separated.

MONEY MARKET and CITY NEWS.

(FRIDAY EVENING.)
CHRONICLE.—The favourable symptoms which
we noticed yesterday have not disappeared. Money
could be had today at four per cent. on Consols, and
at about five per cent. in the foreign House, being two
per cent. easier than the rates which were current two
weeks ago. The Consol Market continues firm, and
has advanced on the prices of yesterday.
To prevent misconception on the subject of the loan
of ten millions of florins on behalf of the Bank of the
United States, for which Mr. Jaudon has opened nego-
tiations at Amsterdam, under the authorization of the
King of Holland, we deem it but justice to state that
the above transaction is totally distinct and separate from
the loan which Mr. Jaudon previously raised for an
equal amount (800,0001.) a short time since in Lon-
don, and which we noticed had been taken on bonds.
payable in two series, at eighteen and thirty months
(April, 1841, and April, 1842), and secured by
the deposit of Pennsylvania stock in the hands of
Messrs. Denison and Co., as trustees. The loan which
is now in progress at Amsterdam is an additional loan,
and a perfectly different operation from the London
loan. We have further to mention, that the Bank of
the United States have no post notes or bonds over
due, circulating on the Continent, and that the whole
amount of the loan now in progress, if carried into
effect, will be remitted to this country in aid of the
United States Bank ; and as it will be raised upon a
permanent advance of five years certain, with ten half-
yearly coupons, it must give important assistance in pro-
ducing a favourable turn to our exchanges with Holland.
The post notes that were over due in London were
provided for out of the London loan ; and we have
only to add, that they required, in the mean time, but
a comparatively small portion of the amount which was
placed at Mr. Jaudon's disposal by the completion of
the London arrangement.
As to the mixing up of the announcement authorising
the proposals with the subjects contained in the speech
of his Majesty at the opening of the States-General, the
answer is, that the only inference between the two was
the accidental circumstance that both appeared in sepa-
rate parts of the same number of a Dutch newspaper ;
and it was quite unnecessary to make the authorization
public on a 'former occasion, because the affair was
broken off before it had assumed such an appearance of
ultimate completion as rendered that step requisite or
proper. It is possible enough that the present one may
not come to maturity, yet it bids fair to do so, and
therefore the usual preliminary announcement has been
made public.
Complaints have been made to us from time to
time that the affairs of the United States Bank
were kept too much in mystery ; but we cannot
admit that there was much ground for this, be-
cause the parties who made the objection proved,
by their remarks, that they were pretty well con-
versant with the subject ; and as the public knew
the gross amount of liabilities in Europe, so they had
received pretty accurate information of the funds which
had been provided to meet those engagements. The
present transaction will throw still further light upon
the subject, and on Mr. Jaudon's return we trust he will
be able to give a satisfactory account. of his journey.
That the London agency of the Bank in question was
under embarrassment, every person knew well, and it
would scarcely have been expected that their repre-
sentative in this country would have then explained to
the public what he was doing, and. how be expected to
extricate it. But the results of his various measures
have been fully explained from time to time, and each
step hitherto has only tended to increase the gene-
ral opinion of Mr. Jaudon's skill and judicious manage-
ment of those extensive and complicated concerns. His
task bas been an arduous one, and the manner in
which he fulfilled it entitles him at any rate to fair play.
He has still probably much to grapple with ; but on
this point we shall know more on the arrival of the