The Sun.
London, England, 1863-02-04 00:00:00

COMMERCIAL.

BOMBAY, Jan. 12.

MONEY.—The rate of discouat continues unchanged, but
as it is expected that the late heavy imports of silver wil
shortly be issued from the Mint, the feeling in the money
market is somewhat easier.

Exchange has advanced to 2s Old for Bank Bills, 2s Op
for first class Credits, and 2s Id for Documents. The rise
is attributable partly to the increased supply of bills offer-
ing, but more to the desire of the banks to force up rates
in anticipation of arrivals of specie.
Government Securities have given way ; we quote Fours
Rs. 91k, Fives Rs. 1041 to Rs. 105, and Fives-and-a .11a1;
at Es. 112.

IMPORTS.—Since the departure of last English mail we
have had an active demand for piece goods, partly by
dealers for the supply of up-country orders, but to a
much greater extent by European and native speculators.
Prices of most descriptions of staple grey cloths are 4 to 6
annas above the quotations given in our last issue, and
transactions to a very considerable extent have taken place
in shirtings and 31b Madapollams. It is stated that time-
bargains are being made for the delivery of 61b and 71b 40
inch shirtings at the Holie, and that already the quantity
contracted for greatly exceeds the supply. Up-country
demand, which has been on a larger scale lately than hither,
has been rather checked by the advance in prices, but as we
anticipate that many native marriages which have been
delayed from superstitious motives will take place in the
next month of the Hindoo year, it will be impossible for
up-country dealers to keep out of the market.
EXPORTS —Cotton : immediately after the departure
of last mail the market improved, and a fair amount of
business was done, chiefly in new Dhollera and Oomra-
wuttee deliverable in March and April next, at a slight
advance. Eventually the tone became rather quieter, and
,ontinued so until the sth instant, when the Gallo advises
reached us, which caused more activity, and contracts for
Dhollera being made both by European and native buyers
at Rs. 375 to 378, and new Oomrawuttee at Rs 372. The
market closes with an upward tendency, and we quote :
New Crop : Surat and Broach, Re. 375 to 380 per candy ;
Dhollera and Bhownuggur, Rs. 375 to 376 ditto; Oomra-
wuttee and Ankote, Rs. 370 to 372 ditto; Compta (ready),
Rs. 388; Sawginned Dharwar (ready), Rs. 500.
CALCUTTA, Jan. 9.

Government Paper, 4 per Cent., 5.8 to 5.12 discount; 5
per Cent , 5 to 5i prem.; 5i per Cent., 12i to 12i prem.

The nearness of the west coast harbours of Ire
Itnd to America remains a geographical fact of tht
highest commercial importance, and the securing for this
country of the advantages their position offers can only bt
a question of time. The port may be at Cork, or it may be
at Galway; but a great flourishing entrepot of commerce
with America either is destined to become before many
years pass over. Let the connection be established between
Canada and Ireland, and the practical benefit to both will
be immense. Emigration will take that channel instead of
the older one, and as the Irishman settled in our own pos-
sessions will not lose whatever affection for British install-
Lions he may have acquired at home, we may expect his
return perhaps, after he has made money, to spend it, or to
peculate with it, upon Irish soil. Scotland has been vastly
advantaged by the love of the old land which brought he'
sons back again (despite the proverb) to live out their day,
of ease, or of more ambitious effort, near the localities of
their nativity.—bublin University Magazine.

"
6'1134 c"DIES 611

HER MAJESTY'S PRIVY COUNCIL.

OSBORNE, Feb. 3.
The Queen held a Council to day at Osborne,
at which were present—Earl Granville (Lord
President), Viscount Palmerston, Sir Charles
Wood, and the Right Hon. E. Cardwell.
The Archbishop of York was presented to the
Queen at an audience, and did homage on his ap-
pointment.

The Rev. Dr. Stanley was Deputy Clerk of the
Closet in Waiting.

The Archbishop of York and Sir Andrew
Buchanan (her Majesty's Ambassador to Berlin)
were, by command of the Queen, sworn in mem-
bers of the Privy Council.
Her Majesty pricked the list of sheriffs for the
counties of England and Wales for the present

year.
The Royal Speech, to be delivered by her Ma-
jesty's Commissioners on opening the session of
Parliament, was submitted and approved of.
Mr. Helpa, the Clerk of the Council, attended.
Earl Granville and Viscount Palmerston had
audiences of the Queen.

The Most Rev. Dr. William Thomson, Arch-
bishop of York, Earl Granville, Viscount Palmer-
ston, Sir Charles Wood, the Right Hon. Edward
Cardwell, Sir Andrew Buchanan, K.O 8., and tue
Rev. Dr. Stanley left town at nine o'clock yester-
day morning to attend the Queen's Court, travelled
by a special train on the South-Western Railway
to Gosport, crossed in the Fire Queen, Master-
Commander Paul, to Osborne Pier, and arrived at
Osborne soon aftet twelve o'clock. After attending
the Queen's Privy Council, the Archbishop of
York, Viscount Palmerston, Earl Granville, Sir C.
Wood, and the Right Hon. E. Cardwell left
Osborne, recrossed to Gosport, and returned to
London by a special railway train.

The Marriage of the Prince of Wales.
Meetings of the Town Council of Gravesend
have been held to consider the arrangements
to be made for the disembarkation of the Princess
Alexandra, and to celebrate the marriage of his
Royal Highness the Prince of Wales. It has been
resolved to celebrate both days by every possible ‘le-
monstration of loyalty and rejoicing; and an ad-
journed meeting will be held to carry out the details. The
mayor intends to provide a dinner and tea a the Town-hall
for about 150 of the poor inhabitants, and a ball will take
place at the Assembly-rooms.

An adjourned meeting of the Oxford Town Council w‘ta
held here yesterday to receive the report of the deputation
appointed at the last meeting to consult with the university
authorities as to the steps to be taken to celebrate the mar-
riage cf his Royal Highness the Pi ince of Wales. The
mayor (Mr. W. Thompson) stated that the vice-chancellor
received the deputation with great courtesy, and had since
forwarded to him a communication, announcing the inten-
tion of the university to act in concert with the council,
and illuminate the various colleges. A proposition recom-
mending the citizens to illuminate on the occasion was
carried unanimously, and a committee appointed to consider
and adopt various plans suggested to be carried out on that
day. Two of the plans suggested were the erection of
triumphal arches where formerly the four gates of the city
stood, and a dinner to the aged poor and children, The
city will be brilliantly illuminated and decorated on the
occasion.

His Highness the Maharajah Duleep Singh has
arrived at Claridge's Hotel from Mulgrave Castle, York..
shire.

The Marquis To mnshend has taken the Earl of
Cottecham's residence in Park-lane for a term of yaars.
The Earl and Countess of Shaftesbury and
family arrived in town yesterday from Broadlands, Hants.
Her ladyship has quite recovered from her recent indispo-
sition.

Viscount Canterbury has arrived in town frotn
visiting the Earl of Coventry, at Croome Court, near
Upton,

Viscount and Viscountess Sidrnouth returned to
town on Monday from the Pavilion Hotel, Folkestone.
Viscount and Viscountess Holtnesd.ie are ex-
pected in town to-morrow from their seat in Kent. His
Lordship has taken a house in Berkeley-square for a term
of years.

Viscountess Jocelyn and family arrived at Cam-
bridge House on Monday, from Broadlands, Hants
Viscount Hill has arrived at S'. Thotna's Hotel,
Berkeley .square, from Hawkestone, Shrewsbury.
The Bishop of Exeter and Mrs. Philipotts ar-
rived in town yes erday from the Palace, Exeter. His
lordship has taken a residence in Park-street, Grosvenor-
,quare, for the season.

Lord snd Lady Rendlesham have arrived at the
Clarendon Hotel from Eglinton Castle.

Lady Edith Anuey Hastings has arrived at
laridge's Hotel frost Willersley Hall, Leicestershire.
_ _

Lady Elinor C ivendish was safely delivered of
a son on Monday at Woodlands, near l3agshot.
The Right. Hon. Sir Wm. Jolliffe left England on
Saturday for a temporary residence in the south of France.
His absence will prob ibly be not of long continuance, as
11-+ must naturally be anxious to resume his duties in the
House of Commons, where his attendance is favourably
appreciated.

The Anti-Slavery Society and the American

Crisis.

A deputation of the committee of the British and Foreign
Anti-Slavery Society, and of its friends and supporters,
had an intervit,w yesterday with his Excellency C. F.
Adams, the United States Minister, at his residence in
Portland-place, for the purpose of presenting a minute on
the American crisis. Upwards of seventy gentlemen from
different parts of the country were present, In reply to
the deputation,
His Excellency said—Gentlemen of the committee, it is ex-
tremely interesting to me to have the privilege of meeting the
representatives of a society which has already made its mark
on the world ; especially so from the fact that you have
gone before us in America, and have done all in your power
to advance the great cause which we all have at heart. It
gives me much satisfaction to receive from your hands
this expression of your sympathy with my country in
the season of trial. I concur with you in deploring the
existence of this unfortunate war. But I must be permitted
to call your attention to the fact—not yet en irely under-
stood in this country—that it was entered into by the Pre-
sident with great reluctance, and not until after his delay
to take the necessary precautions against impending vio-
lence, had placed the very existence of the Government at
the capital in the utmost jeopardy. The attempt, by the
slaughter of those he was calling to his aid, and by apply-
ing the torch to the railway communication with the loyal
region of the country, to insulate the President and his
Ministers at Washington, was in execution of a project far
deeper than you have been pleased to impute to the insur-
gents. It was not so much the establishment of an inde-
pendent Confederacy as the destruction of the old system
of government, and the substitution of a new one in its
place, which was in question. Convinced that the legiti-
mate action of the constitution, administered over the Union
in its true spirit, would endanger the contiruance of their
ill-gotten subjection of human beings to perpetual bondage
they determined first to overthrow the Union, and next, to
reconstruct a constitution in a manner permanently to
establish their power to protect their so-called rights. This
new system they hoped to make the basis of another and a
very different Union. The struggle which has followed is,
then, as you must see, not simply on their aide to gain in-
dependence for themselves, but rather to perpetuate thei r
ability to deprive other people of theirs. It actually still in-
volves the whole question of free institutions in America.
Either the new principle set up will be established, or it
must fall. If the former, what is to become of freedom ? If
the latter. where will slavery be ? Such is a plain statement
of the issue as it has been made up on both sides. If this be•
true, surely such a conflict as has grown out of it, however
much i t may be honestly deprecated, cannot but be regarded
as involving moral c nsequences of magnitude sufficient to
deserve the respect of all right-minded men. I trust that
3ou will now see the connexion which exists between the
maintenance of the President'S first position and his later
measures. The policy of the rebellion is to perpetuate
slavery by the first dissolving the Union. That of the
Union is, on the contrary, to uproot slaveryas its only safe-
, guard against all future attack upon the principles of free-
tom. Hence the absolute necessity for the first appeal of the
President in support of the Union, and, secondly, for the
i,roclamation. Had the resistance to the Union been less
vigorously conducted, the adoption of such a measure as the
last just. yet might have been more questionable. It might
have been still possible to graduate the treatment of the
evil by adopting expedients to soften the severity of its
operation with time, As it is I think few peop ein Europe
now doubt that the course of things is set against the per-
manence of slavery in America. The sentiment of the
civilise would prc.nounces its doom. If, so, greatly as this
4loody war is to be lamented, will it nct hereaf. er be
in history which have brought to the fatuity of the human
reckoned among that class of civil convulsions well
.known
trhaceeirapureapleasure, gentlemen,
theuuite
dmeepelsesorreslardl for the sacrifices and sufferings of
in transmitting you wintite ttaokthoe greatPre odent
States,

RAILWAY INTELLIGENCE.

LONDk )N AND BLACKWALL.

It appears that the dividend tor the half-year
ending the 31st of D.cenaber last is to be at the rate
of 4 per cent. per ant urn on £1,459,050 ordinary
stock. At the corresponding period of 1861 the
dividend was at the rate of 39 per cent, per
annum on 1:1,382,210 stock.