The Sun.
London, England, 1837-11-07 00:00:00

(:--nteci,)tio:;•, that ever enured into the brain of a

tical madman.
oucstion of the annexation of Texas to tl e
United States has been repeatedly discussed in Con-
tress since the opening of the present Extraordinary
Session. From dorninonts submitted to the Legislr,
ture by the Secretary of the Forein Department, it
appears that the Texians were themselves the, first to
propose such an annexation, and that the proposal
was but indifferently received by President JACKSON.
Upon the whole di,: news from the United States is
more favourable than we had reason to expect. We
give the state of the Money Market for two days front
the New York inquirer :
NEW YORK MONEY MARKET.
SPECIE, OCT. 13.
American Cold 5 to per cent. prem.
Sovereigns 5 dols. 13.4 cents. to 51. lac. each.
Spanish Doubloons 16.1. The. to 17d. each.
Patriot ditto l6d. 45c. to 16d. 50c. each.
Spanish Dollars
Mexican ditto
American Halves
Five-franc Piece
The only sale of Specie at the Board, this morning, was of
264 sovereigns, at 35 dole. 13f cents. The market presents
no change of any moment.
A decline of per cent. has been experienced in Treasury
Drafts, a sale of one for 980 dole, having been made at 3 per
cent. premium.
The transactions at the Board in Stocks were moderate,
without any variation from the previous rates. United States
1 Bank, 117-Z-.
The Five end Ten Dollar Bills of the Phoenix and Man-
hattan Banks, in addition to the notes of the Brooklyn and
Tralesman's Banks, are now redeemed in specie.
OCTOBER 14.—The sales at the Board were 1,270 sove-
reigns at 5 dollars 15c. ; 52 patriot doubloons at 16 dollars
50c. ; and 2,000 dollars in Spanish quarters at 5+ per cent.
premium. The market has shown little variation during the
week.
Treasury drafts are held at 31 per cent. premium, without
sales. It will be observed that the first emission of these
drafts, pursuant to the Act recently passed, will probably be
made immediately, to the extent of 500,000 dollars, bearing
an interest of 2 per cent. to be gradually increased as the
notes may depreciate in market.
In Stocks, no material chance either in rates or demand is
perceptible ; the fluctuation of the past week has been very
trifling, though on the whole the appearance of the market is
rather more favourable. U. S. Bank 118, without sales.
The transactions in bills on Europe for the packets leaving
on Monday, were not extensive. Sales on England were made
at 15 a 16 per cent. premium; on France, fro. 4 95 a 4 97,1 ;
on Holland, 42 a 421 cents. ; on Hamburg, 37:i cents. ; on
Bremen, 844- aB5 cents. About 150,000 dols. in specie will
probably go out in these packets.
The Albany paper announces that the Canal, and Mecha-
nics' and Farmers' Banks of that city have resumed specie
payments.
The following are the quotations for specie, &c. at New
Orleans on the 7th instant. Specie was reported dull at these
rates:—
American gold lB a 20 per cent. prem.
Silver ... lB a2O do.
Checks, U. S. Bank of Philad. a 13 do.
U. S. Bank Notes
N. Orleans checks, &c.
Treasury drafts 8 a 10 . do.
The Wheeling Gazette describes a canal steam-boat that
has recently been constructed on a new model, at Steuben-
ville, Ohio, by Messrs. Watkins and Co. It is propelled by
paddles fixed on chains which are carried around pullies or
wheels, like those of the worker cards of a carder machine.
The machinery works in an opening made in the bottom of
the boat. Two engines are used as with stern-wheel steam-
boats, thus saving a fly wheel. The object of thus apply ing
the power is to avoid the agitation of the water, which causes
abrasions of the banks of the canal. The boat is intended for
the Ohio canal, and is said to answer in all respects the pur-
poses for which it is intended.

At a Meeting of •the friends of Parliamentary Re-
form, held yesterday, Mr. C. BULLER, who was in
the Chair, well observed, " it is more than ever ne-
cessary for Ministers to abandon the do-nothing policy
which is the real strength of their opponents, and to
link their official existence with measures so pOpu-
lar and so practicable, that the country may really
think it worth its while to keep them in office."
This is just the language that we have uni-
formly held since the re-accession of Lord MEL-
BoUtiNE to office. Government must not crawl on
at a snail's pace, and refuse to settle this ques-
tion, because it is too early in the Session, and
that, because it is too late ; but adopt Mr. BULLER'S
suggestion, and at once, without an instant's delay,
" link their official existence with measures popular
and practicable." They have been placed at the
helm by the people ; they are kept there by the
people ; and it is the interests of the people that
they must consult, to the exclusion of all other
considerations. A bold, manly, unhesitating line
of policy is what we confidently expect from them, and
most earnestly do we hope that we may not be dis-
appointed. We were glad to see the veteran GAL-
LOWAY at this Parliamentary Reform dinner. He
was an enthusiastic advocate for liberty, and suffered
for it, both in purse and person, when half the existing
generation were in the cradle ; and consequently de-
serves the lasting gratitude of every man who
calls himself a Liberal. While reaping the har-
vest, we must not forget those who amid toil and
trouble, in sorrow and in sickness, sowed the
seeds of Reform ; and foremost among these—
almost the only survivor of a race of unflinching,
patriots—stands the Member of the old London Cor-
responding Society, Mr. GALLOWAY. Honour there-
fore to his name, and may he live to witness the full
success of those liberal measures which forty years ago
he urged with such spirit in the face of a thousand
dangers—when aa ELDON was Attorney-General,
and a PITT First Minister of State ! Mr. PARKES
spoke forcibly and justly on the subject of the
Ballot, and commented on Lord EBRINGTON'S late
equivocal declaration on that question, in a frank,
straight-forward spirit. The truth is, there is no hope,
for Reform except in the protection of the Ballot.
Without it, Earl GREY'S boasted Magna Charta is
little better than an old woman's recipe for rheumatism.

The Tories held a gathering, or—as their journals
magnilcquently phrase it—" a grand Conservative
festival"—at Hull on Wednesday last. This festival,
it seems, wa3 given in honour of the sitting Members,
Sir Wm. JAMES and Mr. WILBERFORCE, both of
whom indulged in abundant speechification—by way,
we suppose, of evincing a lively sense of gratitude for
an unimpeachable feed. We cannot, however, com-
plimLnt the latter gentleman on his oratorical faculties.
Heaven knows we have no desire to be censorious or
vituperative, but a regard for the sacred interests of
truth compels us to assert that Mr. 'WILBER WORCE'S
speech—notwithstanding it bears marks in every sen-
tence of having been diligently premeditated—is about
as signal a specimen of false taste and illogical reason-
ing as we ever happen to have met with, even in the
report of a vestry meetino. In animation it resembles a
Turnpike Act ; and in the graces of style, a
Railway Bill. This Hull Cicero condemns Ministers;
praises the Parsons ; and winds up his unprecedented
.oration—we say unprecedented, for there is a dullne.ss
which, in point of intenseness, may fairly lay claim to
originality—by turning into stupid, vapid, idiotic
prose, one of the most poetical passages in POPE'S
" Essay on Man." Sir WILLIAM JAMES'S speech
was better,. and would almost have been tolerable, had
there been a sitn!le idea in it ; but, as it is, it must de-
pend for its character solely on its brevity. We do
not wonder that the Hull Conservatives " separated
at au early hour." JAMES and WILBERFORCE must
ha.'e given them a dose, the bare recollection of which
they will yawn.over to their dying day. We antici-
pate much lively " Cock-crowing" when these two
bright Senators shall get up on their legs in the, House
of Commons.

Every day furnishes fresh and strong proofs of the
progress which the Ballot is making throughout the
country, and among all classes of people. The most
deep-rooted prejudices have given way before the force
of that light which has flashed upon the minds of men
from the political events of the last three months.
Never did the spirit of despotism rage more fiercely in