The Sun.
London, England, 1839-09-04 00:00:00

CAMBRIDGE-TUESDAY.

As the electicn approaches the interest becomes intense.
Notwithstanding the recent cvposure, the Tories, reckless
of all consequences, are still tampering with some of the
lower class of voters. The parties concerned, although
not resident in Cambridge, are not, however, unknown
here; and, as they are well watched, it is hoped they will
be able to effect very little mischief.
We have just learnt, that the Tories have addressed cir-
culars to the farmers in the adjacTut villages, requesting
them to make a demonstration at the nomination to-
morrow. Thu 3, the very men who compi&n of dictation,
sttempt to swamp their fellow-townsmen, and give their
cause the appearance of popularity. The trick, however,
is not new—it has been tried before now without success.
We confidently believe, that even before the disclosures
of the past week, Mr. Manners Sutton had no chance of
success against a man of such commanding talents and
Popular principles as Mr. Gibson. Since these disclo-
sures, we take it for granted his chances have not increased,
since it is now not merely a contest between Mr. Gibson
and Mr. Manners Sutton—between Reform and Anti-
Reform—between liberality and intolerance—but one be-
tween honesty and dishonesty, ~between incorruptibility
and venality.
As there will be very little difficulty in proving Long to
be an agent of Mr. Sutton, that gentleman will, of course.
be unable to rctain his seat if elected.—Cambridge Ad-
vertiser.

ONEY MARKET and CITY NVWS.

(TUESDAY.)
TIME S.—Great anxiety prevails in the money market
respecting the determination of the Bank parlour on the
subject of the temporary accommodations during the shut-
ting for the October dividends, the period for which has
now arrived. That it would be bad policy for the Bank
to continue these facilities at a time when they are em-
Ploying all other means in their power to contract the cir-
culation, is
an opinirin very generally expre.;sed ; but so
difficult is their position et this moment, that if they with.
hold
them they may produce still worse consequences.
For this reason it is thought they will be continued. Tile
number and amount of bills presented to-day at the Bunk
of England for discount have been much more considerable
than -
nsnal but the Directors met the applications in a
liberal
spirit, although so numerous that it was found
necessary to extend the time for returning the answers to
applicants from Ito half-past 2 o'clock. The amount of
bills falling due tomorrow (the 4th) must of course be
proportionally large.
BY the advices from Hamburg of the 27th ult., the
price of gold is 429 per mark, which, at the English Mint
price of 31. 17a. 10id. the ounce for standard gold, gives
an exchange of 13. 7:5., and the exchange at Hamburg on
• London on short being 13. 31, it follows that gold is 1.97
per cent. dearer at Hamburg than in London.
, The premium on gold at Paris is 81 per mille, which, at
'e English Mint pricel7s. 101(.1. the ounce for
attindard gold, gives an exchange of 05. 36i, and the ex-
rciainge at Paris on London at short being 25. 27:1, it
follows that gold
is 0.36 per cent. dearer at Paris than in
London
Tha course of Exchange- at New York on London is
°93- per cent.. and the par of exchange between England
and America being 109 2340 per cent., it follows that
the exchange is .07 per cent. against England.

_ E.—The exportation of the precious
Metals from the port of London for the week ending on
Saturday last, consisted, according to the official returns,
of 830 oz. of gold coin ; of which 550 oz. were shipped to
"'burg, and 280 cz to Launceston ; 200 oz. of gold
Iris. to Rotterdam • 1,095 oz. of silver coin to the West
and 699 ez: of silver bars to St. Peteraburgh. By
this it will be seer, that the total amount shipped from this
country during the last week has been most inconsiderable,
and IS in fact a mere nothing when compared with what
banusually been exported of late; while, on the other
ab
na
ds band usually
we have reason to believe the importation of bullion
cheering
nerrizh greater, which is of ccurse a very favourable
symptom at the present moment.

nerIIERALD.—The position ut the Money Market ge-
ally still wears a most peculiar feature; it is true that
money is somewhat easier on the Stock Exchange, whilst
in the commercial district market the rate of interest
continues very severe, and it is evident that the Usury
Abrogation Bill of the past Session has given the wealthy
portion of the public the power to screw the com-
mercial interests most effectually ; thus, until severe
pressure ensures the command of high discounts, that
kind of useful accommodation will often be withheld ;
but the coming autumn and winter will most pro-
bably demonstrate the policy, or the contrary, of that
Measure, which we believe has not much elevated British
credit upon the Continent. Nevertheless, we must admit
that the late sales of Money Stock have thrown a great
deal of capital out of employ ; therefore, the mercantile in-
terests, as well as the supporters of the British Funds, cats
now obtain legitimate accommodation without that bole-
and corner arrangement with the moneyed party which so
long has existed to the prejudice of the industrious classes
of this conwry. The very untoward state of the weather
at this most important season, is, however, a very great
source of solicitude to the many, since, it is likely to lead
to heavy speculations in corn, which, as well as those in
prospective in some of the worthless foreign securities, may
produce serious results to our commercial and manufactur-
ing interests.

POST.—The appearance of the Money Market has
changed but little since yesterday. Accommodation is
not obtained without very great difficulty and (now that
the operation of the Usury Laws is no longer in force)
an extremely high rate of interest, by traders of an inferior
grade, who are obliged to have recourse to the money-
lending offices and discount agents, by whom every ad.
vantage is taken of their necessities at a moment like the
present. But, as we mentioned yesterday, houses of long '
standing, and undoubted solidity, do not find the same in-
disposition on the part of the Lombard-street brokers and
private bankers that they have done until quite lately to fur-
nish the needful supplies. Money is now, we find, to be
had by them to almost any extent at 6 per cent. interest,
and, in many cases, a still lower rate than has been taken
for the discount of first-class bills of exchange. In the case
of the smaller dealers and tradespeople there seems to be
scarcely a limit to the exactions to which they are suoj:et.
We understand that as much as from 12 to 15 per cent. per
annum has been very commonly insisted upon, and given.
The comparative ease perceptible in the higher depart-
ments of trade may be ascribed in a great measure to the
sales which have been made of public securities, many of
our capitalists having been induced to sell stuck for the ex-
press purpose of employing their funds in a branch of busi-
ness which yields them an interest so considerably higher,
and in. which the risk may be said to be hardly more than
equal.
The .weather for the last three days, has unfortunately
Proved very unfavourable for getting in the remainder of
T.ll corn crops, and an estimate in money of the loss per
wan to the country in consequence has been put by parties
the most deeply interested in the results. It is some sa-
tisfaction to perceive, however, that the list of quotations
at which bills on the Continent were negotiated this after-
noon, shows some amendment, as compared with those cf
last post day. Paris (three months) was done at 25 621
to 6i ; Amsterdam, 12 41 ; ; Hain-
Rotterdam, 12 41.1
,burg, 13 Mk to ; Frankfort, 151 ; and Antwr at 1.2 31 to The chief improvement is, it will be obceerp ved,
iu the Paris quotation.
The English Funds were excessively fist at the com-
mencement of business. A sale of 90,000/. Consols was
made in the course of the morning, which had the effect
of bringing down the rates to 89-1- Money, and 90 for
Account, the Market being additionally depressed by the
realization of about 40,000/. of Three per Cent. Reduced
Stock by an influential broker. The larger sale to which
we have alluded was considered to have been made by one
of the class of operators termed in Stock Exchange phrase-
ology " frightened bulls." Several little money purchases
toek place in the after part of the thy for account of
bankers and others having occasion to invest, and they had
necessarily the effect of strengthening the Market. At
the close of business Consuls were quoted 89i to 90 for
Money, and 901 to for the Account. Exchequer Bills
left off at 4s. to 6s. prem., and Bank Stock 184 to I.
In the Foreign Market the Spanish Funds were again in
the ascendant. All descriptions were in demand at higher
prices.

The Share Market is in much the same state. There
have been too many of these interests lodged with the
brokers by the Lancashire people for the purpose of rais-
ing, money, most descriptions being just now unsalc,ble.
The few disposed of to-day were done at the following
quotations :—London and Birmingham Railway 47 to 9
prem., ditto quarter shares 15 to 16 prem. ; Great Wes-
tern 5} to 5 dis., ditto new 24 to 11 dis ; London and
Brighton 15-; to 141 dis. ; and London and Southampton
391 to 40 per share. British North American Bank have
declined to 4 dis, per share.

Aeut.-General Sir Richard Downes Jackson,
K. C. 8., Colonel of the 81st Foot, has been appointed to
the command of the forces in Canada, in the room of Sir
John Colborne, who is returning home.
TIPPERARY ELECTION.—The writ was re-
ceived from the Hanapar Office on Friday, and the She-
riff, Count (PA:ton, has fixed the election to take place in
Clonmel on Monday, the 16th inst. Mr. Sheil was hourly
expected. It was stated that the Conservatives had de-
termined on starting Mr. Barker, of Kilcooley Abbey.
FATAL ACCIDENT ON THE CROYDON RAlL-
w.ky.--On Sunday night a dreedful accident, which was
attended with fatal consequences, occurred on the Croydon
railroad. About a quarter past eight o'clock on the above
night a young woman, living in the service of Mr. Coltman,
near the Dartmouth Arms, went over to the railroad to see
off some of her friends who were going to Croydon. After
having seen the train start she proceeded to walk alongithe
railroad herself, but had not gone many yards when the
train from Croydon came along, and one of the carriages
.struck her on the forehead, and Fterally cut away the whole
of the upper part of her head. It was dark at the time,
and it appears that there was no blame attributable to those
who had the management of the engine.
THE LATE CHANCELLOR OF THE EXCISE-
"Ea.—Lord Monteagle was educated at Cambridge
a memberbridgefor
the English bar, and fiat entered public life as
for the city of Limerick. He is son of the late Stephen
Edward Rice, Esq , of Cappa, now denominated
Trenchard, near Shanagolcien, by Catherine, MountTrenchard,
sole heiressbees
c.f Thomas Spring, Esq., of Ballycrispin, Kerry,
property in that county he inherits. The
eldest
he r.v
.1
new peerw is in
his 49th year, and married Lady Theodosia I_e' ,as
sons
daughter of the Earl of Limerick, by whom I
and daughters. His eldest son, late high sheriff of this
county, was recently appointed a Commissioner of Cus-
toms, at 1,0091. a year. The ex-Chancellor, whose in-
come now amounts to 10.0001. a year, has a sister married.
to Sir Aubrey de Vere, Bart., of Curragh, in this count);
nephew to the Earl of Limerick. Mount Trenchard, th
family seat, is handsomely situated on the Lower Shannon,
midway between Glen and Fovne's Island, which latter he
has purchased. Mount Trenchard House, where the fa-
mily reside three or four months of the year, is to undergo
extensive improvemrnts. Lord Monteagle has ai on and
daughter married, the former to Miss Freer, of CAn:bridge
--the latter to Mr. Marshall, of Leeds.—Limerick paper.
___

PUBLIC BREAKFAST TO T. B.
MACAULAY. ESQ., M.P.

About ninety cf the Liberal electors of the southern
districts entertained T. B. Macaulay, Esq., last week,
at a public breakfast in the York Hotel, Nicholson-street,
Edinburgh. Councillor Macaulay was called to the
chair, and was supported on the right by Mr. Mac-
aulay, M.P., Alexander Gifford, Esq., R. B. Blyth,
Esq., Adam Black, Esq., John Macfie, Esq., and
James Ritchie, Esq. ; and on the left by Dean of Guild
Thomson, Councillor Anderson, Baillie Scott, J. F.
Macfarian, Esq., and the Rev. John French.
Breakfast haring been discussed—
The CHAIRMAN rose, and said that though not the
practice in this, it was the practice in foreign countries,
to drink wine after breakfast, and he hoped they would
not refuse on this occasion to dedicate a bumper to the
health of their distinguished guest. After pronouncing
a high eulogium on Mr. Macaulay, he alluded to the
subject of the foul water irrigation, and hoped that,
through Mr. Macaulav's influence and that of Sir John
Campbell, they would be able to get rid of that aburnina-
b;e nuisance which had so long been a reproach to the
Cit v.—( Cheers.)
Mr. 'MACAULAY then rose amid general applause—
Gentleman (he said), it is with the greatest pleasure that
I have received this proof that the kindness which was
shown to me in the beginning of last June, and the recol-
lection cf which will never be effaced from my mind, still
remains undiminished amongst my fiends. It must
always be most gratifying to those who have laboured

for the people -through many tedious nights and
anxious days, to find that though too often thwarted
by factious animosities and unlooked-for obstacles, and
perhaps all their labours rendered unavailing for good,
that yet those for whom they have so toiled at least ap-
preciate their efforts, though they may not be able to
congratulate them on success.—(Cheers.) During the
short time I have at present sat in Parliament as your
representative, I have been, as you all probably know,
rather an observer and a learner than an eager and for-
ward combatant. Having been during some years at a
distance from the scene of politic e.l coact, and having

fully made up my mind to remain at a distance from it, I
had ❑ot given my attention, as indeed I could not with
advantage, to the passing questions in the political
world, and was, therefore, under the necessity of ob-
serving and studying, instead of taking an active and
prominent part in public business. The votes which I
gave, and the course which I took in the important bu-
siness which came before Parliament in the latter part
of the Session, are before you. I have exerted myself
to obtain for the voters of this, as well as of other places,
that protection which I am every day more and more
convinced is indispensable to the right discharge of their
duty.—(Great applause.) I have supported —I wish
I could say with success—l have supported the
Government in order to make that great mea-
sure of slave emancipation, for which the country paid
so large a price, a reality, and not a mere fiction.—
(Cheers.) I have supported the Government in the at-
tempt to extend education among the great body of the
people ; and though I was aware that there were many
sensible and well-meaning men who looked upon the
proposed plan with suspicion, 1 yet felt it my duty to
put to hazard my popularity, and the confidence of
some whose good opinion I respected, rather than de-
sert a principle which appeared to me to be sound.
—(lmmense cheering.) While I have done my
best to support measures of useful reform, I
have not the less felt it my duty to stand firmly
by Government in the support of these measures
which they deemed necessary for the purpose of main-
taining order and protecting property ; and I have done
so with the more satisfaction that they called for no
arbitrary powers. I now take my leave of you, confi-
dent, from what I have seen to-day, that whenever cir-
cumstances shall render it necessary for the Sovereign
again to appeal to the people, whatever delusion may
accomplish elsewhere, here, in Edinburgh, at least, you
will firmly adhere to those principles upon which de-
pends the prosperity of all States—the principles of
liberty and the principles of social order.—(Applause.)
Mr. R. B. BLYTH then rose and said, that at the
present meeting they ought not to forget they had another
representative who was entitled to an expression of their
approbation. He would therefore call upon the meeting
o dedicate a bumper to the health of Sir J. Campbell.
Mr. MACAULAY said, that no assembly of Englishmen,
no assembly of Scotehmen, no one who partook of the
blessings of her Majesty's mild and liberal Government,
could separate without drinking the health of her Ma-
esty Queen Victoria.—(Loud cheering.
Mr. J. F. MacemtnaN then begged to propose
" The health of Lord Dunfermline "—(Great applause.)
Mr. MACAULAY here stated a curious coincidence,
which excited considerable interest in the meeting—
namely, that he had succeeded Mr. Abercromby on no '
fewer than three different occas;ons ; first, as Commis-
sionee of Bankruptcy ; second, as Member for Caine ;
and lastly, as representative for Edinburgh.
Mr. COATES, the croupier, then gave " The health
of the Chairman," which was received with applause,
after which the meeting broke up.