The Sun.
London, England, 1839-04-11 00:00:00

were decidedly averse to every measure having a
tendency to disturb the friendly relations between
Great Britain and the United States. The Ame-
rican Executive, in every State of the Union, ex-
cept Maine, know that a war with England would
be a losing game—allowing all the advantages in
the field to be on their side. It would totally ruin
trade, paralyze industry, arrest the progress of pub-
lic works, and by a series of bankruptcies, de-
stroy the commercial credit of the States in

Europe. They might possibly succeed in adding
a few thousands of acres of uncleared, and intrinsi-
cally valueless, land to a territory already too exten-
sive ; and they might boast that their competitor
for this worthless spoil was .no less a Power than
Great Britain ; but all men of reflection in the
United States must be sensible that a few victories
so purchased would dissolve the Federal Govern-
ment. Nor would a war with the United States be
unattended with serious losses to this country.
While adding to the already oppressive burthen of
taxation, it would deprive our manufacturers of one
of our best foreign markets—thus inflicting a double
injury upon our people.
We observe by these papers, that the Ministers
of the two Governments in their negociations, are
again referring to the articles of former treaties
upon this question of a boundary line. This is
wasting time to no purpose. The only way to
settle this question satisfactorily and speedily is to
begin dc 110V0-to negociate as if there never was
either a treaty or a dispute on the subject. The
settlement of the boundary line should have re-
ference to the relations between the British Pro.
winces and the States now, and not to a state cf
things existing some forty or fifty years ago.
For the state of the Money Market in New York,
the frontier rumours, and the stoppage of payment by
a few banks of limited capital and commercial influ-
ence, we refer to our extracts from the American jour-
nals, given in another part of Y'he San. Some
additional news from New Brunswick %rill likewise
be found in our City article.

It was rumoured in Paris on Tuesday that i!J
Dun iN would again offer himself as a candidate
for the Presidency of the Chamber of Deputies.
If so, his election is certain, as the coalition cannot
consistently support the claims of any other candi-
date, and.many of the adherents of the ex-Cabinet
will gladly get rid of a difficulty by voting for him.
The Journals of Tuesday, the whole of which we
have received, state that negotiations are on foot
for a new Ministry, which shall include both
THIERS and SoULT.

The Chamber of Deputies was again occupied
on Tuesday with the contested elections. Nothing
took place of any general interest.
The accounts from Madrid are of the 2d inst.
General Itopm refused to obey the command of the
Government to quit the capital, where he was theu
staying. Doubts were entertained of the sincerity
of the Ministerial reconciliations. What other
news the Spanish Papers contain, will be found
following the immediately subjoined extracts from
the Paris Journals :

PARIS, Aram B.—We have the following letter from
Toulon, April 4i_
" The armament which continues here gives reason to
suppose that the Government is not satisfied with the paci-
fic notes of the Porte. The three ships of the line and
two frigates which are to reinforce the squadron of Admiral
Lalande in the Levant, will very soon put to sea. A re-
serve squadron, consisting of two ships of the line, a cor-
vette, and two brigs, is going to be formed, and it will re-
main at anchor in the road of Toulon, to Le sent if neces-
sary to the LtvaLt or elsewhere. We hear also of an in-
tention to send some men-of-war to Barcelona and Valen-
cia, where popular tumults are apprehended."
We find the following passage in a letter from Algiers, of
30th March :

" Our good Bishop is not less beloved by the natives
than by the French ; all stop in the street when they meet
him to kiss some part of his garment. He intends shortly
to visit our several establishments in Algiers. The Pacha
of Constantine has just written to him requesting him not
to delay his visit to that city, assuring him that he expected
him with the greatest impatience, and that when the day of
his landing is known the finest horses in the country and
mules shall be sent to Stora that he may choose which
be prefers. —Le Commerce, April 9.
Count de Lowenhielm, the Minister of Sweden, and
General Colctti, the Envoy Extraordinary of Greece, pre-
sented to King Louis Philippe, on Monday, the answers
of their respective Sovereigns to the notification of the
death of the Duchess of IVirtemberg.
The Commerce publishes a letter dated Toulon, April 41
which states that the armaments going on in that harbour,
led to the belief that the Government had no confidence in
the pacific notes of the Porte. The three ships of the line
and two frigates which were to reinforce the squadron of
Admiral Lalantle in the Levant, would sail in a few days.
A squadron of roserve was also about being formed,
and would remain in the roads to be ready to proceed to
the Levant or any other destination.
The run upon the saving banks of Paris continued, and
was naturally held to indicate that the distress of the work-
ing classes remained undiminished. The dt posits made
in those banks on the 7th and Bth instant amounted to
434.867 f., and the sums withdrawn to 830,000 f.
The IWoniteur publishes a return of the Administra-
tion of the Finance of France during the year 1838,
from which it appears that the income amounted to
1,155,329,168 E, and the expenditure only to 1,116,691,601
francs; there was, consequently, a surplus of 38,619,650 f.
(upwards of a million and a half sterling.) According
to these returns, the Rentes inscribed in the grand book
of the public debt were on the Ist of January, 1839, as
follow :

5 per Cents.
3 per CeLts.
41 per Cents.
4 per Cents.

Total
The bank of San Fernando had advanced the Govern-
ment 4,000,000 reals, nhich were immediately forwarded
to the army of the North. This transaction had somewhat
reassured the capitalists, whose confidence had been much
impaired by the receipt of the last despatches from Paris.
The prices of the funds, although lower than before the
Easter solemnities, still maintained themselves firmer than
was expected. The Five per Cents. were done at 204- for
cash, and the debt bearing no interest at 4.
A letter from Sarre of the 2d announces that all the Car-
list troops stationed in the mountains along the frontier had
been suddenly ordered to march on Estella. A similar
order had likewise been received by the garrison of To-
losa. It was, consequently, supposed that General Es-
partero had made a movement in the Ribera. Co-
lonel Barrio, of the 11th Battalion of Navarre, ar-
rived at Sarre on the 30th ultimo. lie had been
superseded by Maroto in the command of that corps, and
sent into quarters at Durango. The Colonel, however,
preferred seeking refuge in France, and reached Sarre,
but, with the greatest difficulty. The Carlist custom
offi,:crs fired upon him as he approached the frontiers, and
he was ultimately obliged to leap down a precipice and
abandoned his horse and "orderly" to effecr, his escape.
Several deserters from the sth battalion of Navarre, had
also arrived in Sarre.

The Madrid Gazette publishes a bulletin of General
Alvarez, dated the 28th ult., announcing the surrender of
Melilla to the Queen's forces on the 35th. The blockading
division consisted of the Sobcrano, the Isabel 11., the
Christina, the Proserpino, the Noptuuo, the Virgen del
Carmen, the Santa Ana, and of the French brig Volan-e.
The revolters having capitulated, were ernbai ked on the
same day for Chaf.trinas ; they were 260 in number ;
84 others, and six officers, who had fled in a small vessel,
subsequently landed at Malaga, and made their submission
to the Christino authorities.
BOURSE.—Paais, TuEsoav, APRIL 9.
first Highest Lowest Last
Price. Price. Price. Price.
French 5 per Cents 1,19 60 ~. 109 70 ... 1W 50 ... 109 80
4% per Cents lOl 75 ... 101 15 ... 1.4 75 ... 10, 73
4 per ( cuts lOl 90 ... 1,1 90 ... 101 90 ... 101 00
3 per Cents Bl '5 ... SO 60 ... 89 05 ... 80 to
Bank of erancc
Belgian 3 per ( ents 7l 55
... 71 53 ... 71 55 ... 71 n
Bank. 61;..:,, 5
... (95 ... 692 ... 693: 0
S anish Ac ive 2o'4 18... 2'o W 41... 0) 4 le_ 2054
Neapolitan
Roman
... 1024 i ... 1024 ... 102%
EXCHANGE ON LONDON.
One month, paper, 25f 2.':c , money, 25f 22%c.; three months.
paper, 23f. It7c., money, 251 7,A.c.
HAMBURG BORSEN HALLE, Arm!. F.
Pills. Money.
.............. 106 103 A
Austrian 3 per Cents. ••••
1192 _
Bank Shares 10734 107 V

An 10-Russian Lean .............................. ... .. - .7: _- 4
Russian 5 per Cent. Ist series, Certificate ...... I'. 3% 103
Russian 5 per Cant. Hop. and (.0.:3,1 and 4th
Ditto in Certificates ............................. 93 97si
Dutch . ctual I:ebt, .2;,1: ....... Cent. ............... .. 51 1if,44
llttn • p , •nt .................. vp i
a per .A., , 4,
Polkh Bondi
New .icket .. . , ....................... 155 1'732
An L.. 1 Loan, 3 per Cent ...... .. ............ 72% 72
Norwegisn Lnan, 1c34, 4 per Cent......... lOO 9.4%
PRUSSIAN FUNDS.—IWILIN, APRIL 5.
Bids. Money,
St. Schitid. Sch , 4 per cent. .. .............1091,y lti2si
Prussian EngiiSh Lnan, 1830, 4 per cent. 1021 102
liachange on London, three months ... 6 2614
—Prussic:l State Gazette. April 6.

Lord Caledon died at his residence in the county
of Tyrone, which will occasion a vacancy in that
county, by the elevation of his son, Lord Ales_
ardor, to the Peerage.
STATE OF THADE.—There was rather more
demand yesterday for yarn than on the preceding Tuesday;
but the slight advance in cotton at Liverpool, on Monday,
had no eff::ct upon prices here and the buyers were fully
supplied at the current rates of last week. In goods, also,
there was a little more business doing, bat without improve-
ment in prices.—Manchester Guardian.