The Sun.
London, England, 1839-10-18 00:00:00

ADDRESS.

" Unto the Queen's Most Excellent Majesty.
" The Address of the Inhabitants of Dumfries and
Alaxwelltown, in public meeting assembled,
14th October, 1839.

" Humbly Showeth—That we, your Majesty's
loyal and dutiful subjects, representing a population
of upwards of 12,000 inhabitants, deeply impressed
with the necessity of your Majesty having a con-
scientious regard for the rights and privileges of your
people, do with submission approach your Majesty's
Throne, in behalf of Messrs. William Lovett, John
Collins, and Peter Murray M'Dowall, now suffer-
ing in jail for having taken an active part in the
present movement for the extension of the elective
franchise to your Majesty's subjects. That these
individuals have all along borne an unimpeachable
and good moral character. That the right of pub-
lic meeting, the right of discussion, and petitioning
for a redress of grievances and an amelioration of
our condition, is the inherent and imprescriptible
right of a British subject. We do conscientiously
declare that in our judgment, the above-named indi-
viduals have only acted upon these fundamental
principles and not otherwise. That the evidence
against the prisoners was unsatisfactory and incon-
clusive, and we must submit, that a Jury of Scots-
men under their law, would not have convicted upon
such evidence, and under such circumstances. If
ever a case did exist, we must in litirnility tell your
Majesty, that the present is'onerfori tlie'exercise of
mercy, the brightest jewel Of your crei.wn.
"We therefore, pray your Majestylo exercise your
prerogative, and grant the above-mentioned indivi-
duals their liberation, and we will ever pray that
your Majesty may long reign over a free, a loyal,
and a happy people.
" For and by order of the meeting;
"JOSEPH BRYDEN.

(Letter.)
DUMFRIES, OCT. 14, 1839.

ESTEEMED Suts,—We have observed !the pro-
ceedings which hare been carried on by the Attor-
ney-General against you. Your creditable defences
have insured our warmest approbation. 'The cause
of justice and of right, we trust, will, ultimately
prevail. It is the duty of every Scotsman to tender
you his thanks for your justifiable and honourable
bearing throughout your political career. We do
most sincerely and honestly sympathise in your
present distress, and beg to assure you ii is our
intention to go on conquering and to conquer.
The time will come when you will participate in
the honours of a liberation. Your high characters
have lost nothing by incarceration ; and so long as
we possess the light of reason and a thinking mind,
we will ever proclaim our admiration of that pa-
triotism and disregard of self-interest which has
been set forth in the line of conduct you have
hitherto pursued.
I am, esteemed Sirs, yours in union,
JOSEPH BRYDEN.
To Messrs. Lovett, Collins, and M'Dowall.

PRICE OF SUGAR.

EFFECT OF MONOPOLY.

Table showing the ex-duty price of West India Sugar
in Mincing-lane, and comparing the same against
that of
Foreign Sugars :

London, OctOber 18,1839.
The Gazelle of this evening will quote the Per Cwt.
average price of British Plantation Mus-,
covado Sugar, exclusive of duty, at " :3t7s. 1 I d,
The actual quantity of Sugar sold on adefunt of the
importers, in the week ending the 12th instant; accord-
ing to the returns made upon oath by the -West India
Sugar Brokers, in conformity with the Act.oi Parlia-
ment, and on which quantity the above price is com-
puted, consisted of 1,898 hhds. 121 tierces, and 79-
barrels ; and not of 2,100 hhds., as estimated in the
market.

We have to record a further deficiency in the de-
lirery of West India Sugar from the Docks'to the num.
forward more freely, by
her of 1,130 hhds. and tierces, as compared against the
wienedkoolefeleB:Bof the labour-
ing ofitleiemcoarrrkeestp
The West Indians are endeavouring to stimulate the
buyers in the
circulating rumours—that the
toondcoingme
ing population throughout most of the plantations,
especially those in Jamaica, will occasion a very short
supply of sugar in 1840 ; at this season last year the
same description of fallacious reports were put forth—
they then lied the effect of raising the price of sugar
several shillings per cwt. The most sanguine amongst
the promoters of these statements, however, can scarcely
expect that the public will be again duped into a
credence of them, just at the moment too that the ne-
groes have given the most unqualified contradiction to
the slanders heaped upon them by their employers—by
making and shipping as much sugar from Jamaic., from
the Ist of August, 1838, to the 31st of July, 1839,
with the exception of 4,700 hhds., as they did in the
previous year, a statement verified by the official docu-
ments received from that Island. No, if the West
Indians desire to raise the market they must hit upon
some new story—the old one will serve their turn no
longer. .

Foreign sugars raised by free labour, have since our
last report, been heavy of sale, and must be quoted at
6d. to I s per cwt. lower. These are now 16s. per cwt.
less than the average price of West Indian sugars.
It is utterly impossible to suppose that an honest
and liberal Administration will continue to permit, the
public at large to be defrauded in the price of sugar
as they have been, for the mere purpose of enriching
the colonists. Free labour foreign sugar may conse-
quently be expected to be admitted to home consump-
tion upon equal terms with the West Indian in the
course of the ensuing- year.

(FROM A CORRESPONDENT.)—A social con-
cert took place on Tuesday evening last, at the Barley-
mow, Upper Thames-street, for the benefit of that
noblo-minded patriot William Lovett. Several songs
and recitations were given during the evening by Messrs.
Sherman, Roake, Lancaster, and others.

MONEY MARKET and CITY NEWS.

(THURSDAY EVENING.)
CH RO NIC LE.—ln the English Stock Market few
transactions have taken place, and prices generally were
lower than yesterday. Money was, however, consi-
dered rather easier, but in Lombard-street the rate of
interest was still the same. The meeting at the Bank
parlour to-day was of short duration. The notice of the
sth of September allowing the advance of loans on bills
of exchange, expires to-morrow, but it is understood
that the bulk of the advances has been already repaid to
the Bank. We uuderstand that the bills of some
country banks of issue, drawn by them on their Lon-
don bankers, were sent in yesterday by the holders for
discount to the Bank of England, and not rejected.

TIMES.—It has been affirmed by parties in the
City who have opportunities of noticing the amount of
1 Exchequer bills afloat, and the purposes for which they
/ are issued, that not less than 2,500,000/. has been ad-
vanced towards the erection of the various union work-
houses formed under the New Poor-law in different
parts of the country. At the outset of this unpo-
pular and odious measure the estimate was, that not
more than 800,0001. would be required from the Go-
vernment in aid of such buildings. The history of
these and other advances for public works, with a
list of the uncertain debts, and of the losses actually
incurred, should it ever be fairly brought to light,
wil form one of the most curious and instruc-
tive portions of the financial administrations of the
present day. On the plan now in use for keeping
the public accounts, no sort of clue is afforded to it,
1 Exchequer Bills are put down as issued and paid off
' from time to time, but the old accounts in arrear are
seldom brought forward, and, when they are exhi-
bited, there is no possibility of collecting what the
quality of the security is upon which ultimate repay-
ment depends. Even among the union workhouses
it is believed by many well-informed persons that the
security in some cases is by no means of the best kind.
Mr. Jaudon is said to have retorted the other da)
on one cf the Bank (of England) Directors, who ex-
pressed his astonishment at the ruinous rate at whiel,
the United States' Bank was borrowing money in
America, that it did not become them to assu.ne that
tone, as they had begun to be borrowers themselves,
and could by no means be certain that they would
not have to submit to an equally high rate before
they had brought themselves back to their old 4
position. This is perfectly just, and, if Mr.
Jaudon is to be tried, it must be by a more competent
ti ibunal than this. There is said, by the way, to have
been a final arrangement at length made with respect to
Mr. Jaudon's new bonds, and it is even affirmed that
they sell in the open market at an advance on the price
at which they were issued. Messrs. Denison and Co.
have been mentioned as holding the guarantee stock on
behalf of the subscribers to the bonds, but in what
manner they are connected with each other, so as to
be made available in case of need, does not appear.
There is no reason to doubt, at the same time, that ail
due protection is afforded to the parties interested, of
which indeed the character of the house referred to
would be a sufficient assurance. If the object is, how-
ever, to obtain for the bonds a free circulation in the
city, the more clearly this is explained the better, as
men of business are not apt in such cases to take any-
thing for granted.
The English Stock Market has been heavy all day,
and the quotations with a declining tendency. Con-
s ols were 90,1 sellers for money, and 934 buyers for
account. Bank Stock, 179 to 180 ; India Stock, 245
t o '237. Excheqber Bills, 4s. to 2s. discount.
A sudden fall in Dutch Stocks excited a good deal
of attention in the Foreign Market, and acted unfa-
vourably upon the prices of foreign securities gene-
rally. The fall was caused by the report of another
loan of '20,000,000 of guilders being about to be
brought into the market in the shape of 23 per cent.
stock. The regular and periodical creation of new
stock in Holland begins to create some uneasiness
among the holders of the securities of that country,
which, notwithstanding its reputation for good faith,
possesses but limited resources, and is very heavily bur-
burdened with taxation and debt already. The Two-
and-a-Half per Cents., which yesterday stood at 53,i to
53-i, declined to-day to 524 to 52i, and the Five per
Cents. from 1004 to 1014, to 100 i to 1001.

HERALD.—The Commercial Money Market to
day has, to use somewhat a singular term, been in a
mysterious position. Although the demand has not
been increased, the capitalists are evidently guarding
against some expected pressure. From what we learn
there is little hope that the Bank will relax from its
lessening of the circulation ; private bankers have, in
many instances, this day charged their customers seven
per cent. for discounts, and have not been at all desirous
of any extensive business at even that rate. On the
whole, our fellow-citizens seem to have lost that ani-
mation which last week gave us reason to imagine that
confidence had to an essential degree been restored.
One fact seems evident, that the amount of foreign se-
curities, which the public have purchased during the
past two years, has absorbed much of the surplus ca-
pital of this country, therefore it is consequent that
traders must for a time be at the mercy of the moneyed
or powerful party.