The Sun.
London, England, 1839-04-12 00:00:00

JUSTICE TO WALES.

, a very nume-
On Wednesday night, at nine o'clock
rous meeting of the natives of the Principality of Wales
vas convened, in consequence of a printed circular
(which SN;as widely distributed among their country-
men), having the title " Justice to Wales," at the
Owen Glyudwr Tavern, Aldersgate-street, for the pur-
pose of taking into consideration the adoption of peti-
tions to both Houses of the Legislature against appro-
priating. any of the surplus revenues of the Sees of St.
Asaph and Bangor, to any purposes not connected with
the interest of the Principality. Mr. Wm. JONES, in the
Chair. _ . _

The CHAIRMAN said, it having been intimated that
it was the intention of Government to form Manches-
ter into a Bishopric, and to appropriate a portion of the
surplus revenues arising from the Sees of St. Asaph
and Bangor to the sustenance of that newly-created
See, several of their countrymen had determined to
convene a meeting in order to give all the opposition
in their power to that proceeding. England had,
in the course. of years, obtained many acquisitions
from Wales. They had conquered them and driven
them into their fastnesses, and, at intervals, portions of
their country had been taken away to form part of
England.—( Hear.) Since Wales had been made a
Principality they had been forbearing, but their for-
bearance had only tented to make them subject to
further aggression. The time, however, had arrived
when they were called upon to speak, since they had
now more cause than ever. They did not wish to ex-
hibit themselves as physical force men, like the Chartists,
nor, as O'Connell, did they seek to urge them to dissolve
the union between England and Wales. Though it
was their duty not to be silent until they had sue-
eeeded in compelling the Government to acknowledge
their right to the surplus revenues.--4 Applause.)
After short speeches from Mt'. G. Thompson. Mr.
Hawkins, and other gentlemen connected with Wales,
petitions in accordance with the object of the meeting
were agreed to. - The petition to the House of Lord's
to be presented by Lord Dinorben, and that to the
Commons by Mr. Owen Sandys.

MONEY MARKET and CITY NEWS.

CHRONICLE.—This was settling day in the English
Stock Market, and was of more than usual importance,
the transactions since last account day having been rather
extensive. It was adjusted, however, without any parti.
cular difficulty. In the early part of the day money was
certainly not in demand, but it got better as the day ad-
vanced. Out of the house money, upon approved secu-
rities and at short dates, is far from scarce ; but, on the
contrary, can be procured readily at 3!r to 31 per cent.
For long dates, however it it is still wanted, the uncertain
state in which political matters have been placed
latterly having made the money lenders ex-
tremely cautious in acceding to advances beyond the
very limited period ; but as affairs throw off this unsa-
tisfactory appearance the money market will improve,
for there is evidently no want of cash in Lombard-street.
Consols closed at 92% buyers for money, and 92i buyers
for the'next Account, the 23t1r of May ; Three per Cents.
Reduced left off at 921 to ; Three-and-a-Half per Cents.
Reduced 98:i to i; and New Ditto 100 to e. There have
again to-day been some very good and strong buyers cf
Exchrqucr Bills, which has occasioned a very marked rally
in their value, the closing quotation being 445. to 465.
premium, a rise of 45. in the premium as compared with
the prices at the termination of business yesterday. If
the large sales, therefore, which have taken place lately
were on account of the Bank, which from the beginning
we disbelieved, it is clear that they havo not occasioned
any serious alarm, but merely reduced the price to a tempt-
ing quotation for the speculators. Bank Stock left off at
Ig6 to 197.

The accounts to-day from Amsterdan and Hamburg, in
a commercial and financial point of view, arc much more
satisfactory than for some time past ; for internal trade
was not only improving, but bills upon London were in
demand, which is a most important feature for us at this
moment, when our manufacturing interests are looking
with so much anxiety and interest to the Continental spring
trade. From Paris the letters are also rather more cheer-
ful; and notwithstanding the unpleasant positionin which
political masters are placed, there are symptoms of ame-
lioration in mercantile affairs. A further improvement in
the rates of exchange, especially on Paris, is confidently
looked for to-morrow. The exportation of the precious
metals, however, principally silver, continues to some ex-
tent ; but the large amount which is exported from Mexico,
in consequence of the opening of the ports, will perhaps
counterbalance the effect of these shipments.

ll ER ALD.—Considerable anxiety prevails in the mo-
netary and commercial circles respecting the actual condi-
tion of the Money Market, its prospects, and the intention
of the Bank of England Direction, who most undoubtedly,
and perhaps justifiably, are playing a eery cautious game.
Duringthe earlier portion of the day it was asserted with
much confidence by some parties that the Bank had exclu.
sivcly thrown out some American bills presented for dis_
count. s We have some good reason to believe that there
, -
_we might say almost to the utmost ;
was no foundation for the assertion • weAve, however, to
h
add that we know the Bank Direction are at present limit.
ing their discounts
in feet such is the state of the commercial markets that
we believe that discountsto the extent of 10,000/. were no
ofraed to the bank yesterday. It is admitted in the bank
parlOur that the drain of gold_ and silver from this country
has been very great, but at the same time the currency of
that the country is considered, not only in ,
atimportant
~ sanctum," but by more practical men:as far from being in
an unhealthy state. Manufactures aro not, however, goinn•
out in a sufficient quantity from this country to pay for the
coming importations of foreign corn ; therefore the ship-
ments of the precious metals must be expected to continue
for some time. The following is the correct amount of the
exportation of bullion from this country, during
the period
between the 3d and 10th instant. Of gold in bars, 4,200
oz., in coins 6,625 oz., of silver in bars, 12,207 oz., in coins
30,600 oz.

Nosntive Castlereagh,
astthlecre Mar-
quis THE ITALIAN OPERA.—The Opera was very
fashionably attended on Tuesday. ir
quis and Marchioness of Normanby, Viscount
the Duke of Montrose and the Duchess
(who, we are
happy to learn, is recovered from her temporary indispo-
sition), Marquis and Marchioness of Aticsbury, Earl and
Countess of Wilton, Marchioness of Tweeddale and Lady
Hay, Earl and Countess of Chesterfield, Lord and Lady
F. Gordon, Mr. and Miss Laws ; Lords H. Seymour,
Compton, Macdonald, Gardner,
Jocelyn, Burghersh, F.
Beauclerk, Cantelupe, Drumlan-in, W. Lennox, Boring-
den, Douro; Sir Henry Webb, Sir Edmund Bacon
Messrs. Harvey Aston, Ponsonby, Macdonald, Wombwell,
Ricardo, &c. Grisi's new variations, so tastefully intro-
duced in the polacca, were universally admired. We are
glad to hear that an entirely new divertisemcnt, by Guerra,
is in active preparation.
James's-
The Junior St. James's Club, St.
serect, have purchased the gfand and unique malachites
from the collection of Prince Lieven. The centre vase is
said to equal the superb present made to George I.V. by
1 the Emperor of Russia.