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

THE FUNDS.

Tail being the day of the weekly meeting of the Bank
Directors, it is generally expected that a notice will be
given, ex.tending their usual accommodation to the com-
mercial community in discounting ; report says that their
advances will be limited to bills of exchange at the present
rate of 6 Fer cent. This goodwill on the part of the Di-
rectors appears to have been anticipated yesterday by
money be con,ing plentiful in the house and market at the
rate of about 4i to 5 per cent. discount.
Consols, both for Money and the Account, are a shade
lower. This morning they closed at 9041 s for Money ;
for Accoo.nt, 904 touched 91 ; opened at for Money,
90 ; for Account, 901 ; Exchequer Bills 7 9 prem. ;
Bask Stack, Three per Cent. Reduced, shut; India
Stock, 247 248.

In tile Foreign Market Spanish Active, which was
buoyant 'in the course of yesterday, eird reached 244, re-
ceded in the afternoon to 23i- -;, owing to information
being received that the negociations had been broken off be-
tween Espartero and Maroto, likewise of Spanish having
receded at Paris 1 per cent.
This morning Spanish may be quoted at 231; Deferred
10+; Pasive, 53. i; Brazilian, 773. 78 ;. Porcuguese,
301; Colombian, 31A- 32; Mcx;can, 271 28; Belgian
102+ 103 ; Dutch 71'wo-and-a-Half per Cents., 54-4-
Five per Ccnts., 1034. Consols arc now for the Au:
count, 90:t.
Piaci IS OF STOCKS TEIIS
Bank Stock..
3 per Cent. tied.

DAY AT oYE O'CLOCK.
India Stock
Ditto Bonds .._ - 4 6 inn

_
3 per Cent. Cons. 40k 5i 4 ! South Sea Stoc'-
3!., per Cet tt - Old Annuities Bl9
I)itto lied.. ........... ............. ~. --New Ditto
New 3k, pei - Co., 97.;%, j 3 per Cent. Annuities, 1751
1iz.,,, 5 fief ( 'cot. -1 Exch. Bills, .€l,OOO 7 9 7 pm.
dal': '. Long Annuitiez toexpire I Ditto... 501) ... 9 7 pus.
Jan. 5, 113.30 .......... -Ditto Small 2O ... 9 7 pm.
Oct. In, 113,9 1 i 1-16% Ditto Commercial — dis.
..%n. 5, 11430 ls i Ditto Advertised ..... pm.
Jan. 5, 11 60 _ Bank Stock tbr Account ~186! 6
. April 5, 11 ISO — India Stnak for Account ... 2:9%
..1.7.ii. 5. 11;70 ---I Consos for Account 99%;i; 3i
PRICEI OF FOREIGN FUNDS THIS DAY AT ONE O'CLOCK.
Austrian Brm,is — Peraviln Bonds —
Belgian Ro! ids
• Ditto Account — Portuguese Bonds
Ditto New Bonds Brazilian Bands
Ditto .Aec.ount
• Ditto, 3 per Cent.
Buenos ti,rx es Bonds
Ditto A.4:l.iutit .........
Chilian Bon,. -' Prussian Bonds —
D tto Ac: u t
Columbian hionds ' Ditto Account —
Ditto Account — Ditto Metallic —
Columbian floods, 1824. , Spanish Bonds.. 23% 3 1%
Ditto Ace mnt 3l i i Ditto Account.... 221% 3% 31,4
Danish Bonds
Ditto Act ;ount

-. ,-
Greek Bonds...—. — French, 5 per cent. —f. —c.
Ditto front, s, 1825 — 4 per cent. ..... —f. —c.
Ditto 4cca unt —, 3 per cent....... —l. —c.
Mexican pet ids, 5 per Cent — Exchange.... --1.--c,
Ditto ACCOLII" ' Dutch, 2% per cent 54
Ditto, 6 per Cent 28% • Ditto Account —
Ditto Arco tint 2B %14 Ditto, 5 per cent IC3%
Neapolitan Ditto Account.... ......

PRICEB OF SHARES THIS DAY AT ONE O'CLOCK.
Paid. Per Share.
Great Westetn Ilailway Company 65 6034
Ditto New
Br 18 il Lin Rai hva v
Loo, :on and Birmingham Railway Company qn ' 138 ,-,
Ditto New Shares
L 011,1014 ariC. Croydon Railway Company l4/. ISs. 64. 101 i
N rti midllnd Itailway Company 75 IS
National Bank of Ireland
Provincial Bank of Ireland
PRICES O. IRISH STOCKS. DUBLIN, SEPTEMBER 3.
3 per ...:ent. Consols
3% per Celt% Stock ...
Ditto Reduced -
Ditto New, 1530 ...,..... 9iir., City of Dublin Steam Comp. -
3l par Cent. Debentures... 89% National Insurance Company -
Bank Stock ... - i City Debenture;, 4 per cent. -
.. .. . ...- . .

Grand Canal Stock
R;)3 al Canal Stock
HALF-PAST ONE.

Very little business has been doing in either of the
Markets during the morning. Money continues easy in
the house, and can be obtained at 5 per cent. for commer-
cial purposes, or onEmerchants' bills at 6 per cent.
Consols may be quoted at present 90:f for the Account;
Money, 901; Exchequer Bills, 7 prem. ; India Bonds,
4 G prem. ; Bank Stock, shut; Three per Cents. Reduced,
shut ; Three-and-a-Half per Cents. Reduced, shut.

lit the Foreign Market Spanish Active, 234TPortu-
guese, 30 ; Three per Cents., 201 ; Colombian,
Danish, 74; Mexican, 28,1 ; Dutch Two-and-a-half per
Cents., 5471-; Five per eeriest, 11)24..
THREE 0' CLOCK.
BANK OF ENGLAND, SEPT. 5, 1839.
The Governor and Comi.aay of the Bank of England
are ready, until further notice, to receive applications for
loans, upon deposit of approved bills of exchange, nit
having more than six months to run. Such loans to be
repaid on or before the 18th October next, with interest
at the rate of 6 per cent. per annum, and to be fur SUMS
11 t lees than 2,000/eaci-.
Spanish has improved to 231,1.

NATIONAL CONVENTION.
(THIS DAY.)

Tho Cortv,l&o:-, -at to-clay et Ten o'Ciock. M..,
Flo,t in the
Mr. SmAtrr, the S2eretary, read a letter from Dr.
Fletcher, stating it to be his opinion that tl:e Convention
had already sat too long, and &chi:iv, again to join it, in-
asmuch as he thought he should be enabled to do a great
deal more good for the cause they advocated by remaining
among his constituents than by joining the Convention in
Loudon.

A letter was also read from Mr. Phillips, of
the Secretary of State's office, in answer to one writ-
ten by the Secretary of the Cenvestion, in which
Mr. Phillips stated that the proper course to be
pursued would he for the Secretary to transmit the ad-
dresses that were in his possession to the Home Office, in
order that they might be presented to- her Majesty in the
usual course.

Letters were also read from Bath, Portsea, and other
places, approving of the proceedings of the Convention,
and wishing them success.

IRISH MISSION.

Mr. LOWREY then proceeded to report his mission to
Dublin. He stated that on arriving in that city, on findine-
that a meeting could not be convened till the Tuesday foci.
lowing, he entered into a communication with Mr. Clanceyo
That on the meeting taking place, the room was filled
with O'Connelites. That a Mr. Ray, whom Mr. O'Con.
nell called his " dear friend," was there, and also a Mr.
Murphy. That at their instigation a number of coal.
heavers attended the meeting, for the purpose of creating
an uproar, and preventing its object from being carried
into effect. Murphy called upon those present not to allow
cny Chartist to speak, but to turn them out of the room ;
that he (Mr. Lowrey) begged of the Chairman to obtain a
hearing for him, which he exerted himself to effect, but the
noise and confusion that was raised prevented him from
accomplishing it. The tables were broken, the utmost
scene of confusion prevailed, and some person caught him
( Mr. Lowrey) by the collar, and dragged him out of the
room. From the accounts given in the Newspapers it
appeared as if the Trades Union had been instrumental in
putting down the meeting, but such was not the
fact—that had been accomplished by a parcel of
bludgeon men,—( Cries of " Shame." Another meeting
had been advertised, but that also failed in consequence of
the violence of the O'Connell party, who attended for the
purpose .of decrying the Chartists. At that meeting it was
stated that no person would be allowed to speak on behalf
of the Chartists unless he produced his certificate that he
was a member of the Convention, and a delegate,
and that if he should produce it, there were
two policemen present ready to take him into
custody.—( Cries of " Shame.") It was the opinion of the
friends of the Chartists that the Convention had done a
great deal of good, and the general feeling in Dublin was
that the Chartists should have fair play. The opinion of
Mr. O'Higgins, a great friend to the cause, was, that in-
stead of getting up meetings in Dublin, Chartism should
be. left to work its own way for a while, and upon his (Mr
Lowrey) asking him if he thought he could do any good
by visiting some of the towns in the north of I-eland, he
thought it would be better not to do so, but he considered
that no opportunity should be let pass by of impre, sing
upon the minds of the people of Ireland that the Charter
was as much for their good as it was for that of the people
of England. That was the only way to convince the
people that those who advocated the Charter acted from
principle, and by that means he felt convinced the power of
O'Connell over them would be considerably reduced.
THE COUNCIL.

Mr. BURNS moved that a Committee of five should be
appointed to investigate and report on the proceedings of
the Council appointed by the Convention to remain in
London till the re-assembling of it.
Mr. NERSOM seconded the motion.
Mr. CARPENTER thought the better course to pursue
would he, that the minutes of the proceedings of the
Council should be read to the Convention, and that it
should either reject or confirm those minutes.
Dr. TAYLOR considered the suction proposed by Mr.
Burns a very proper one, because he should feel it to be
his duty to express, in the strongest terms, his objections
to sonic of the proceedings of the Council. Indeed, if
What had been stated in the Newspwers was correct, he
felt strongly inclined to Oppose everything they had done.
After a few words from Mr. PITKEITHLEY and Mr.
SKEFFINGTON,
Mr. CARPENTER said that as the Council had been
accused openly an opportunity ought to be afforded to
them openly to meet those accusations : unless, there-
fore, Mr. Burns modified his resolution, he should move
as an amendment, that the minutes of the Council
should be read and confirmed.
Mr. BURNS said he would withdraw his motion.
Motion withdrawn.
On the motion of Mr. CARPENTER, the minutes of the
Council were read seriatum, which occupied nearly half an
hour.

Mr. CARPENTER moved that the minutes be confirmed,
which was seconded by Mr. O'CONNOR.
Dr. TAYLOR opposed the confirmation of the minutes.
On the Ist of July the Convention delegated to a Council
its power, which he did not think the Convention had any
light to do. But before the Convention adjourned, it was
decided that 21. a week should be paid to the members of
V:e Convention. On the 6th of August the Council voted
for their own breeches pocket an increase of salary, and
of course that vote was passed unanimously ; but it was a
li~tle curious th 4 neither the name of the mover nor seconder
of the resolution was given in the minute. He could not
allow such an act as that to pass by without the strongest
reprobation. He wculd therefore move as an amendment
that a Committee be appointed to inquire into these cir-

eumstanees, and in partieuiar whether any power had been

given to the Council to fix their own salary, or whether it
had not been fixed by the Convention at 2/. a week.—
His opinion was that the Council were bound to refund
to the Convention whatever they had received beyond
the 21. The Committee could also ascertain what sums
had been draon by the members of the Council, in accord-
ance with the vote of the 6th of August.
Mr. BURNS seconded the amendment.
Mr. O'CONNOR said there had been a difference
of opinion in the Council a 3 to the policy of increasing
their salary. He had opposed the vote, and had stated tha,.
the subject would be brought before the Convention, and
that the Council would have to answer for that vote. How-
ever he was glad to find that was the only item which the
Doctor had in the slightest degree pointed out as being im-
proper.
Dr. TAYLOR—Oh, I shall mention others presently.
Mr. O'CONNOR thought the Doctor had closed his case.
Dr. TAYLOR—Not at all.

Mr. O'CONNOR said the Doctor could not be allowed to
place himself in the situation of au auditor or a judge, who
could as often as he pleased make charges and challenges—
he ought to bring forward the whole of his charges at
once. He ( Mr. O'Connor) was prepared to stand up in
justification of the acts of the Council as connected uith
the Convention, although he certainly could not defend
the voting of money to themselves beyond what the
resolution of the Convention itself authorised.—(Cees
of " Hear, hear.") If Doctor Taylor would move
for a general committee directing their particular atten-
tion to that question, but allowing them to report on the
whole proceedings, he would offer no objection to it, and
he believed ae whole of the members of the Council would
at once accede to such a motion.
Dr. TAYLOR said he should also like to know how far
the Convention had the power to delegate any authority
to Mr. Lowrey to act in Ireland, and in particular to ap-
point Mr. Hennessy, not a member of the Convention, to
accompany him, allowing Mr. H. a salary.—( Hear, hear.)
No person, not a member of the Convention ought to be
paid out of the funds for agitating in Ireland.
Mr. O'CoNNon thought the better way would be at
once to appoint a general Committee.

Mr. CARPENTEI/ believed the discussion was proceeding
on a wrong assumption altogether. As far as he under-
stood the minutes, the Council had not voted money to its
Members or to anybody else.
Dr. TAYLOR—What is the minute of the Gth August ?
Mr. CARPENTER..—" That on a reconsideration of the
vote of yesterday" (that he did not understand, for there
was no minute of that vote), " appointing the salary of the
Delegates going into the country, it was resolved that
such vote did not affect the members of the Council, but
that they should receive the same amount of salary which
had been paid to them by their constituents."
Dr. TAYLOR—When their • salary was more than two
pounds ?
Mr. CARPENTER—That Ido not know. Ido not know
that that resolution was ever acted on. It appears to me
it was not.

Dr. TAYLOR—We must have a Committee to inquire
whether it vas or not.

Mr. BUSSEY thought the better way would be to have
the Various items paid by the Convention read over.
Mr. LowaEy would support the appointment of the
Comm' ttee.
Mr. BURNS said the vote which the Convention came to
respecting the salaries of members was a piece of busy in-
termeddling between Delegates and their constituents.
•He did not want anything from the Convention ; his con-
stituents would support him ; but if the Convention
decided that Delegates should not receive salaries
from their constituents he would not receive anything less
than the salary his constituents would have allowed him.

Mr. PITKEITIILIa had objected to paying the Council
more than 21. a week.

Mr. O'CONNOR explained that he had, when the money
was voted, stated his intention to bring the matter before
the Convention.

Mr. PITKEITHLRY complained of a sum of 9/. having been
paid to Mr. M'Crae, to send him back to Scotland, after
he had been in London a week, when he (Mr. P.) could
have acted as a member of the Council, without putting
the Convention to any extra expense.
A long and desultory conversation took place, which
ended in Doctor TAYLOR'S exclaiming, " Does not this
show the necessity of a Committee ?"—( Hear, hear.)
Mr. O'CONNOR, as a member of the Council, would
most decidedly vote for the appointment of a Committee.
Mr. NEEsost also supported the amendment, because he
believed the matter would be settled in a shorter time than
by discussing it in the way they bad been doing for the
last two hours.
The motion for the appointment of a Committee of five
e
to investigate the accounts of the Council was then carried
unanimously. The following members were then apvointed
to form the
Committee
a
: Nlnd Mr. Nes
r. Bu ssey, Nolmr, ,
. Jas. Taylor,
DMr.r, I.'aCAYIRrP' ur. Richards,ENTEß suggested that Mr. Pitkeithley be Added
to the Committee, which was agreed to.

SIMULTANEOUS TORCIIILIGHT MEETING.
WOLSTENHOLME then brought forward a motion of
which he had given notice that the recommendation in the
address of the Council, dated 12th of August—namely, to
petition her Majesty to appoint a national holiday for the
discussion of the grievances of the people; or, in the
event of her not doing so, to appoint a time for simul-
taneous torch-light meetings throughout the country, be
acted upon. It appeared to him that the Council had alio-
gether forgotten that suggestion.
Mr. O'CoNNott said he had not forgotten the suggestion
which had been introduced into the address on his recom-
mendation.- lie had been always an advocate for turch-i
light meetings, and he believed they had done less ham
and more good than almost any other species of agitation.

EVEN ENT G EDITION.

They were attended by ten times the number of persons
who attended the daylight meetings, because the factory
I ,heurer, weal l not be allowed by their trui!ers to attend
meetings during the hours of labour. Torchlight meetings
were not illegal by law ; they had been merely declared
iiicgal by a 'Whig proclamation ; but if there was an
aedress to the local authorities in the first instance
reuesting them to cell such meeting, and in the event of
their refusal let the householders sign a requisitio.n to call
a meeting, there could be no question of its legality in
such case. Even the Attorney-G-neral, although at
Chester, and elsewhere, he bad declared these meetings
illegal, Lad on a former occasion justified them, and con-
tended for their legality. He had even attended many of
them himself. It had always been the constitutiomit right
of Englishmen to meet and discuss their grievances, and
he trusted the suggestion would be acted upon.
Dr. TAYLOR—IS it in the power of ,the Queen to ap-
point a national holiday ?
The CHAIRMAN—Any person can do so ; but the ques-
tion is, will the people act upon the recommendation ?
Mr. BussEv said there was another recommendation in
the Address, to call upon her Mjesty to dismiss her pre-
sent Ministers, which had not been acted upon.
Mr. O'CONNOR said the Address had been carried by
the Council unanimously, and it was for the Convention
to carry out the suggestion, if they approved of it. With
regard to the torch-light meetings, it was his ( Mr.O'Con -
nor's) intention to hold a great number very soon, 10
addressing the conAituency of Yorkshire.