The Sun.
London, England, 1839-09-05 00:00:00

PETITIONS TO THE QUEEN.

It was then proposed and agre,d to that Mr. Smart, the
Secretary, be requested to transmit the petitions to the
Queen, praying for the dismissal of her present Ministers,
&c., to the Secretary of State, in accordance with the
letter of Mr. Phillips, of the Home Office.
Dr. TAYLOR gave notice that he should to-morrow move
that the document, entitled " The Thirty-nine Articles,"
containing a declaration of the rights of the people ac-
cording to the ancient laws and customs of England, be
;Adopted and circulated by the Convention.
The Convention then adjourned till to-morrow at eleven
o'clock.

MONEY MARKET and CITY NEWS•

(WEDNESDAY EVENING. )
T IME S.—The transactions of the Bank of England in
exchanges are producing the effects which were anticipated
from then], in deranging more or less all the other money
markets of Europe. This is apparent more particularly
in the accounts from the northern cities, where a great rise
in the rate of interest and in the value of money has been
suddenly brought about. Comparatively to ours these
are very limited markets, and however good the quality
of the paper thrown upon them, such a large increase
of the amount, from causes distinct from the ordinary
operations of commerce, could not but produce per-
plexity and embarrassment. Had the trade with England
pursued its regular course, and had the balance. due
to them been remitted in builion instead of these
artificial bills of exchange, their situations would have
been wholly different. Thus it is, as has often been.
stated before. that the errors of the administration of
the Bank of England arc visited not only upon themselves
and upon this country, but more or less upon the whole
world; and thus the general argument for a revision and
reform of it is incalculably strengthened. Foreign mer-
chants, in fact, watch its movements with no less care and
solicitude than our own, and contract or expand their
dealings with our traders, accordingly as they find them
under the influence of the restrictive measures of the Bank.
The merchants of all countries would therefore hail with
pleasure any beneficial change in the monetary system of
England,

Money was much culer in the Stock Exchange to-day,
and might readily be had on Consols at the rate of 5 per
cent. Some saLs of Consuls were made early in the day
on account of the Bank, as believed, for Friday next, at
90 ; but the market improved subsequently, and they closed
at 90,E to s for Money, and 90Z- sellers for Account. Bank
Stock shut today, preparatory to the dividend. India.
Stock was 248 to 50 ; Exchequer Bills 7s. to 9s. prem.

POST.—The Enelish securities advanced rather ma-
terially in value to-daY, a circumstance which is accounted
for on a variety of grounds. The quotations have been
influenced to some extent by the actual removal from the
Money Market of the strain which was felt so severely by
speculators in the beginning of the week. It was, how-
ever, very generally reported in the neighbourhood of the
Stock Exchange that the Bank Directors bad come to an
arrangement in the course of the morning for affording the
commercial interests the accommodation usually ex-
tended to them at this period of the year, and that
a notification upon the subject would make its appear-
ance to-morrow (Thursday). The advances will, it 15
said, be limited to bills of exchange, the present rate of 6
per cent. interest being continued. These are the parti-
culars which have been in circulation out of doors, and we
dare say they will be found to be not very far from the truth.
The Bank Directors cannot well receive the large amount
of revenue which will be falling into their hands on Go-
vernment account during the next five weeks without taking
the steps commonly (we believe we may say invariably)
adopted for putting a portion of it again in circulation.
This would he what is called "starving" the public, end
the effect would, in all probability, be that of bringing on
a panic. It is, perhaps, yet doubtful what may be the
precise course taken by the Directors for giving the
requisite relief. The circumstances of the times are
peculiar, and it is possible that the plans even of the
Committe° may not be fully determined upon until
after the Board shall have assembled to-morrow. It
is certain that nothing positive can bo known of the deci-
sion which will then be come to by the Directors at large. '
Still another reason has been assigned for the more buoyant
condition of the Stock Market; and it is no doubt one
which is based on a good foundation. We allude to the
more auspicious state of the weather. With a few mote
days like the present the corn crops will all have bee,“
cartied, and it is considered not by any means unfavourable
to our banking system that their quality should prove same"
what inferior. We speak of course with reference to the
averages, which will necessarily be forced down by the
,",
bringing to market of a lower description of grain ; and
there be only an abundance of it, of which there is every
prospect, any fresh foreign importations will be needless►
and gold will the more speedily flow back into the coffers
of the Bank.

DISSOLUTION OF THE PRE-

CURSOR SOCIETY.

DUBLIN, Siti.r. 2.
This day a meeting of the Precursor Society was held
in the Corn Exchange, pursuant to adjournment, for the
purpose of considering the propriety of dissolving them-
selves, and of receiving the report of Committee on the
practicability of forming a Retorm Registry Association.
Mr. O'CONNELL rose to propose that the Precursor So-
ciety be considered dissolved. The time for such disso-
lution, he was of opinion, had arrived ; but he felt it his
duty to make such statements as would satisfy that body
that he was right. Atter putting this motion, if it passed,
he should ascend the platform and address his constituents
en the course which it would be advisable for them to
pursue. Before he would enter on tile subject or
the Repeal of the Union—(Loud cheers)—he would
call the attention of the meeting and of the honest
tradesmen of Dublin to an Act which was calculated to
injure their character and the trade of the country. He
elluded to the late gross and savage assault on Mr. Ver-
seboyle. That gentleman had accepted a Government
contract, and, instead of being permitted to carry out his
undertaking, he was assailed elid nearly murdered in the
presence of his family. Such conduct was calculated to
drive trade out of the country, and those really good
and industrious tradesmen should lend their assist-
ance to discover the perpetrators of this outrage and
bring them to justice. Now, with reference to the
objects which brought the Precursor Society into being,
he would say that every one of them stiil existed. It was
useless to be trying to reason with the English people ;
they took up one notion, and no dog ever held a bone more
firmly than did John Bull. The Irish people wished to
reason with the English ; they wished to show them:
calmly and deliberately, what injustice they were suffering
under. In England the Established Church was the church
of the great majority of the people ; in Scotland the ma-
t jority of the people professed the same religion with the
church whom they were bound to support; but in Ireland
the great bulk of the people were bound to support in
luxury the church of one-tenth of the population. Why,
then, should, the Irish people rest satisfied until
they were put upon the same footing with the people
of England and Scotland ? They did not want to
have the temporalities transfessed to the clergy
of the people. He knew well that the ministers
of religion were never improved by the independent pos-
session of affluence. Ho could riot bring this question
before the House of Commons ; there would have bee' e
little use in doing so. With such legislators as they bred
to address, nothing could be expected. The House of
Commons certainly- passed the Corporation Bill, but then
there was Lord Lyndhurst in the Lords, who webs ever
ready to destroy every Bill that was sent into that House.
That House did not refuse the mess, but they spat
in it, and made it so disgusting that it could not be
afterwards received. That very bad Judge, and "my to
Ireland, was the leader of the English of',garchy to
all their efforts to keep this country
subjection.
Yes, Lord Lyndhurst was as bad a Judge as ever sat on
the bench. His decision in the case of Small v. Ate--
wood, on which an immense sum of me,ney depended, vat*:
so completely wrong that it was at once scouted by the'
House of Lords, and was altered in every particular. Mo.
O'Connell again referred to the fact of the Ministry re"' &sing to permit him to bring in a Bill to extend the fran-
chise of the Irish people. What hopes, then, had the
Precursor Society of obtaining justice from the British
Parliament? These were but some of the reasons why
the Precursor Society should he dissolved, with a view of
reorganizing a body better calculated to procure justice for
Ireland. He had prepared a report embodying the rea-
sons, which he would read. The Hun, Gentleman then
read the report, which was afterwards adopted.
The CHAIRMAN put the question of dissolution, which
was unanimously carried.

The proceedings terminated by Mr. O'Connell skin I
that on to-morrow an eriti ely new Society would be forme, 1,
for the purpose of aiding in the registration of voters ; !I
explained that they would hold no opinions as a society, in,
common with him, upon the question of Repeal—at,ter
which he went on to give his own views upon that meas.urc•

Silk handkerchiefs, a la Van Amburgh,; ate
now selling at Paris, representing that celebrated tamtrof
animals and his wild beasts.

A dreadful accident occurred at noon on Satur-,
day, between Reculvcr and Herne Bay. A party of visitor.%
to the Bay, consisting of two ladies, a gentleman and 'll.
youth, were out in a pleasure boat. Opp•.,site BishYP"').
stone, and about a mile from shore, they were passed 14)4
Margate boat, and in a minute or two afterwards -Nero'
missed. The Mlrgate crew tacked, and they observeo'
the boy and the boatman struggling in the water; they
got than into the boat, together with the ladies and p,-en- z,
ticman, and conveyed them with all speed to the Bay-
The youth and the boatman recovered, but in ate other
three persons life was extinct. —Kentish Gazette,
.