The Sun.
London, England, 1839-08-15 00:00:00

ABSTRACT OF HER LOG.

July 12. __Sailed from Spithead at one p.m. Wind
NV S.W.'

July 13.—Lat. 49 32, long. 5 45, St. Agnes lighthouse
N. E. 9 leagues. Distance run, 235 miles.
July 14.—Wind W. N. W. to S., lat. 49 34, long. 11 22.
NlNierate and cloudy. Distance, 218 miles.
July 15 —Wind W.N. W., lat. 49 23, long. 15 50.
strong breezes. Di lance 181 miles.
July 16.—Wind S. W. by W. and W., lat. 49 20, long.
21 18. Fresh gales and squally, with head sea. Distance
210 miles.

July 17.--SN'ind N. and N. N. W., lat. 4$ 6, long. 25 46.
Strong breezes, with head sea. Distance 198 miles.
July 18.—Wind N. by W., lat. 46 56, long. 30 10.
Strong breezes, with head sea. Distance 193 miles.
July 19.—Wind N. by W. and N. W. by W., lat.
45 13, long. 34 47. Moderate breezes, with swell. Dis-
tance 198 miles.

July 20.—Wind W.N.W., lat. 45 30, long. 31 1.
Strong breezes and fresh gales, head sea ; ship very easy.
Distance 182 miles.

July 21.—Wind W. N. W., lat. 45 4, long. 42 1. Fresh
gales, with increasing sea. Distance 130 miles.
.July 22 —Wind W. N. W., lat. 44 43, long. 46 27.
Moderate breezes. Distance 190 miles.

July 23.—Wind W. S. W., lat. 43 42, long. 51 2.
Ught and fresh breezes. Distance 214 miles.
July 24 —Wind W. by N., lat. 43 17, long. 55 40.
I+r,-,11 breezes and squally. Distance 207 miles.
July 25.—Wind N. W., lat. 42 23, long. 60 30. Light
breezes and cloudy. Distance 221 miles.
July 26.—Wind W. and W. S. W., lat. 41 14, long.
65 34. Moderate breezes and fine. Distance 240 miles.
July 27.—Wind N. and variable, lat. 40 10, long. 70 35.
Moderate and fine. Distance 240 miles.
Vessels Spoken.—July 14.—Spoke the ship Helen, from
the Azores, bound to Plymouth, in lat. 49 32, long. 5 45.
150•.—Exchanged numbers with British ship Albion.
15 li.—Boarded the bark Bethel, of Bideford, found her
abandoned, with all sails unbent, all running rigging un-
rove, all yards across, no boats, laden with railroad iron ;
ater only up to lower deck beams, no provisions or water
On board, bulkhead and lockers broken open; appears to
have been plundered, and to have been deserted—for what
I know not; 11 30, up, and set on engines. 23d.
Pass ed several vessels at anchor, fishing on the banks.
p.m„ spoke the schooner Blender, of Providence.
fahtb.—Spoko the Ceylon, from Liverpool to New York.

L A.-TEST NEWS FROM AMERICA.

By the arrival of the Great Western at Bristol
from -NOV York, whence she sailed on the Ist inst.,
we have received files of New York Journals to that
date inclusive, together with Montreal and Quebec
Papers to the 24th of July. There is a good deal
of commercial, but no political Pews in these
Papers. In Canada, and on the frontier, all continued
tranquil. MACKENZIE remained in prison, and
most of his associates were dispersed in different
quarters of the globe. Many had gone to Texas,
and. others were fishing in the troubled waters of
the different South American States. The New
York Morning Herald attributes the peace of
Canada to the presence of a large military
force, and asserts that were that force re-
tnoved before the passing of good laws for
the government of the provinces, six months
would not elapse before the recurrence of another
Itueilion. This is not improbable.
President VAN BUREN had gone to Saratoga
springs. It was rumoured that he ii2:tended to visit
Maine, to facilitate the settlell7.-ent of the Boundary
question before returninfg to Washington.
The New York &ar publishes the following
correspondence from flavannah, dated the Ist ult.,
which, as it throws considerable light on the nefa-
rious system by which the Slave Trade is carried
on under the American flag, is well deserving of
the notice of our Government :

SLAVE TRADE.
There s a system of trade carried on from this city,
under the protection of the American flag, which deserves
notice, and which, if not in violation of the laws of the
United States, is so near akin, and so palpable an evasion
of its intent, as to call for the censure of every gcod citi-
zen. The trade referred to ought to be considered as par-
ticipo ing, ~.iding, and abetting, in the slave trade ; for it is
u"er 9'..ch an arrangement as protects the vessels with
Un;',ad States papers and flag, for the outward bound
v4Tage, and until the cargo of slaves is procured. The
operation is effected in this way:—Vessels of such tonnage
e•at repu'ed speed as are necessary for the trade, sailing
under United States' papers, are purchased here by persons
engaged in the slave trade, and a contract entered into be-
tween the seller and the purchaser that the vessel shall re-
teen her American papers for a certain time, and security is
given by the purchaser that the register, and all the vessel's
papers, shall, be returned to the proper authorities in the
I_Tniteci States within that time. By this contract the pur-
chaser secures the vessel's papers fur the voyage to the coast
of Africa. The purchasers put on board here a new crew,
and some American citizen as master no matter who, or
cf what profession, so that he is a desperate fellow—and
without any command
he takes the title of
only as a protection for the vessel
against English cruizers, whilst on the coast of Africa,
and until the slaves are secured. After this obj • Lt., .t is ta .
tained, the captain in fact, or the person who superintends
the expedition, presents a power of attorney for the transfer
of the vessel, and tackefisa,c,haarngde
theas csatpatrasinet.;
cslei et,
ai s;
ap:dt
u,,der the Portugues „
the flag captain returns in her as passenger, with his A .
to himself a part of the pro:tinc
rican papers, securing
the voyage for his services with a full knowledge ,:, f tl,e. S.
of
t 4 etien of the voyage at the time it
.was commeied.... This
a daily operation here, and a number of vessels IN Ithlll the
past month have been despatched in this trade.
The M. .r Philadelphia has recently cleared under a
m
ticininal command; the C., also under a noirai corn_
mand—and a short time since, another vessel cleared
for New Orleans to procure papers
number
her nominal
Captain. And there are now a nurnJ of vessels in
this port, sold for the same trade, and preparingfor the
voyage. It may be well here to give some circumstances
connected with the despatching of these vessels ' - showing
the course the American Consul takes in this affair. When
Mr. _____, called at the Consulate for the necessary papers
Ito enable him to take charge of a vessel,—he first Was
ia,.ked the question, in p:esence of the witnesses who
proved Mr. ______'s citizenship, whether the papers
1 which he had received would protect him on ~,re coast of
I Africa, against all harm from the Englisa? Mr. Trist
replied_.4 He might laugh at the Ener,,ah, and tell them
to go to the devil." These circumsteances I
got from one
r •'.... -..:1!..e:5.:.t., ~:::::a tu:..).,...r :T,,,:i4ket-2, tl.at Mr. Tr 5t
knew at the time that the vess:,a had been sold lieu and
(
was Spanish property, in fa.-e, that she was bound to the

coast of Africa. The Consul also knew, that the

was bound to the coast, as he advised Mr. 8., who was
to have superseded Mr. M., not to go to the coast this
season of the year as it was very unhealthy. I make no
comment on these statements, but leave it with my coun-
trymen to say, whether Mr. Trist, the American Consul
here, uses his authority to enforce or to evade the laws of
Congress.

ARRIVAL OF THE BRITISH QUEEN AT
NEW YORK.
(From the New York Morning Courier of July 29.)
The British and American Steam Navigation Compa-
ny's new steamer, the British Queen, Lieutenant Roberts,
R. N., Commander, arrived in our waters early yesterday
morning, in fifteen days and a half from Portsmouth,
whence she sailed on the 12th, bringing London dates of
the evening of the 11th. Colonel Webb, who came pas-
senger in her, and immediately left town to join his family
in the country, has sent us the following note:—
The Queen sailed from London on the evening of the
10th, but owing to the state of the tide, did not pass the
bar at the mouth of the Thames until the 11th, and reached
Portsmouth about 5 A. M. on the 12th. We left Ports-
mouth about half-past 12, M. blowing a fresh gale from
the westward ; and with the exception of light northerly
airs on Friday and Saturday—so light, that the velocity of
the ship made it at times a head wind—we have not had
our sails set twenty-four hours during the passage. The
wind has been uniformly " dead ahead," blowing very
fresh at all times, and causing a very heavy head sea. At
intervals we have bad fresh summer gales, which, while
they have retarded our arrival, have fully demonstrated the
important fact, that in' the same ratio you increase the size
of a steamer will y'eu increase her safety and comfort.
EFFECTS OF THE NEWS BY THE BRITISH
QUEEN ON COMMERCIAL AFFAIRS.
(From the New York Times of Aug. 1.)
Contrary to the predictions of some of the English pa-
pers of dates immediately prior to the departure of the
British Queen, the news brought by that vessel has not
contributed to depress our money market beyond the pokt
to which it fell on the receipt of the news by the Great
Western. On the other hand, though there is little actual
improvement to be quoted, yet there is more of confidence
and cheerfulness exhibited by those engaged in heavy mo
notary transactions than we could have anticipated. This
state of things has doubtless been partly induced by the
declaration of the Governor of the Bank of England, that
there was no intention on the part of that institution to
make war upon the common interest by refusing to discount
bills drawn against importations of that commodity. The
cheering language of Sir John Reid in mference to the
stagnation of trade in England, and his wrongly expressed
opinion that it would be only temporary, have no doubt had
their effect on this side of the water.

The prudent course which had been pursued by the
banks and great commercial houses, in gradually, but
steadily contracting their liabilities, both domestic and
foreign, precludes the possibility of another panic as dis-
astrous as-that of 16~37, and' this combines with other cir-
cumstances to render the public mind less excitable and
feverish than might have been expected under such dis-
heartening intelligence. The prospects of an ample harvest
in England, which, if realized, must necessarily restore the
balance of trade now so much against that country to its
equilibrium, and of course re-act beneficially upon our com-
merce, have also bad a favourable influence.
The fall in the price of cotton in England has not pro-
duced a corresponding decline here. The British Queen
brought intelligence of a fall in that article of id ; we
send back by her the announcement of a retrogression of
only from a quarter to half a cent.

NEW YORK MONEY AND COMMERCIAL

NEWS.

( From the New York Morning Herald of the Ist of
August.)
`WEDNESDAY, JULY 31, 6 r.m.—This has been bill day,
for the two steamers which depart for England to-morrow
morning. The demand for sterling exchange has not been
equal to the supply, and the rates have fallen off from
those current on the last packet day. The rate has been
4,88 dols. (10 per cent.) for prime bills ; sales have been
made, however, at 91 per cent. The United States Bank
has offered freely at 10 per cent., and given public notice
of its readiness to draw in sums to suit purchasers. Many
bills have also appeared in market drawn by the Citizens'
Bank of New Orleans, on Reid, Irving, and Co., London.
Holford, Brancker, and Co. have also drawn freely—but
the whole amount of business done has not bean large.
In the present prospect of the supply and demand, tbeye
is but little prospect of a shipment of specie except for
speculative debts, which were contracted to be paid in specie.
Money is yet hard to be obtained, a fact which continues
to depress the stock market. At the stock board the
amount of sales have slightly increased, and prices have
generally fallen off, with the exception of Delaware and
Hudson and Vicksburg, the prices of which have improved
A• per cent. each, in consequence of purchases by those
short of stock. North American Trust and Banking Com-
pany declined / per cent. ; United States Bank / per
' cent. • Bank of Kentucky I per cent. ; Canton / per cent. ;
New Jersey Railroad I per cent.
On the 17th ult. near 7,000 dollars in specie arrived at
New Orleans from Bordeaux, France. A new bank of
discount and deposit is about to be established at Guaya-
quil, Republic of Ecuador ( South America). The charter
was obtained by a citizca of the United States. The
capital is to be 500,000 dollars, to issue bills payable in
specie at sight to twice the amount of the capital—no bill
to be of less denomination than ten dollars. These bills
to be taken in payment by the Government, and held as
legal tender. The Bank may demand not more than 9
per cent. on its loans, and the charter to continue ten
years, and the Bank to receive the Government deposits.
SALE of STOCKS at PHILADELPHIA, JULY 31.
9 do. Mechanic's Bank
90 do. Schuylkill Bank 4O

4 do. Girard Bank
23 do. Kentucky Bank
50 do. Vicksburg Bank ....b. 10 3n
3 do. Schuylkill Navigation
2000 do. Lehigh Loan, 6's, 1845 971
50 do. Camden and Amboy, 4ms ll4
20 do. Wilmington and Sus 461
SECOND BOARD-YESTERDAY.
10 do. Vicksburg Bank slo 35
4 Camden and Amboy ll2
20 do. Kentucky Bank

10 do. Vicksbur-g s :30d 353-
16 do. Girard Bank
50 do. U. S. Bank ll3
100 do. Schuylkill Navigation...B 0 60 d 110
50 do. Wilmington, Sept. 12
50 do. Kentucky, B 0 lOds 7B
2000 do. Lehigh 45
2 do. Schuylkill Bank

SOUTH AMERICA.
(From the Aetv York Morning Herald.)
MEXICO.—This country is in a poor, miserable, un-
settled state. It is without a fortified port—without a
real President--without a fleet—without en army—with.
out decent legislators—without money—and going to the
devil as fast as possible. Santa Anna and Bustamente are
jealous of each other, and trying to cheat each other cut
of power, property, and life. Bravo is a miserable tool,
used occasionally by each of them. The inhabitants arc
arrayed against each other under different marauding com-
manders; and it is only necessary for the Mexicans to in-
vade Texas once more, in order to be effectually used up,
and see their whole country possessed and governed by
the descendants of the Anglo. `axons.
TEXAS.—..This country is in a most flourishing and
prosperous condition. 'Emigration thither is increasing
daily, and the settlers arc men of enterprise and wealth.
Parts or
The climate and soil arc equal and superior to the finest
this country ; the crop of cotton is increasing, and
will, '_:its year, amount to nearly 100,000 bales. The
cf:dtivation of wheat, corn, and sugar is increasing every
scaon ; the agricultural wealth will in a few years be im-
mense. The mountains around San Antonio are full
of mineral treasures. The summers are not so hot
as ours ; the winters are mild, and snow is a stranger
to the soil. The Government is goad, and under
the administration of such men as Lamar and his
chosen associates, we have the best assurance for the sta-
bility of a good Government. Texas will be a wealthy,
prosperous, and productive country, beyond all calculation,
and it has nothing to fear, except from the cupidity of
rapacious speculators. All Texas wants is a loan; and if
h'r agents are not too far dipped in knavery, speculation,
and folly, she can get as much money as she wants from
England. We speak thus advisedly of a promising coun-
try; we own no league, fellowship, or brotherhood with
the blackguards or speculators who infest the land, but
spell: of what we know, in the words of truth and sober-
ness—having per,:onally inspected and crossed every river,
prairie, bayou, bottom, forest, field, water-course, and tim-
ber tract in Texas, from the Sabine to the Rio del Norte.

The Tyne Mercury bestows a criticism on The Sun,
and accuses us of using strange language, because we
said the middle classes were pursuing a liberticide
policy. It justifies the accusation by remarking that
the lower classes have themselves to blame, and
declares that they have brought the evil on the country
by attaching themselves to leaders who advocate the
use of the sword, the musket, &c. But our language
and our arguments throughout have been that
this temporary ebullition of the working classes,
which we have condemned as much as the Tyne
Mercury, was no justification of those perms-
neet measures of coercion the middle classes have
demanded. They have allowed themselves to be terri-
fied by frothy violence, generated in part by Tory art,
into acquiescing in coercion. And what does the Mer-
cury itself say of the violent Chartists? Why this
" Strange events have come to pass during the last
week. The unanimous conduct of the people of the
country seems to have convinced the Chartists, that
they are but a mere section of the inhabitants ; and
that in future they are not to prosecute and tvrann:ze
over their victims, as a bull-dog adheres to his prey,
till he finds some one has bold of his own tail." The
violent Chartists, then, are a mere handful, forsaken and
scouted by the bulk of the people, but the bulk of the
people will suffer from increasing the army and adding
to the police. To call such conduct in the middle
classes liberticidal may be strange language to the Tyne
Mceertry, but it unhappily describes a fact.
Do
vER, AUG. 13.—His Excellency Iteshid
p acha, the Turkish Ambassador, and suite, arrived this
morning
at the Ship Hotel, from London, and soon after
eleven
vessel
for o'clock li3o ku embarkedo
gßoulogne,
onnd,e r boardsalute the NVater Witch steam
officers and civil from the guns at the
Heights. Sir James Gordon, and the other naval and
lia militarym
e n
taryCommissio furh an inquiry into the state of
engineers named in the Par-
having completed their suurtve.
the harbours on then's()
yeaosft.etrhni,,epooasrtt, opfrocEeendgeldandin,
a Government steamer, this morning, to the westward, to
( continue their labours.

The Brig,hlon Patriot announces—" That the
present is the last number that will appear of the Brighton
Patriot. Our sacrifices and pecnniary losses have been
great ; but the poition of th, Patriot might even yet be
r,deemed, did not events press upon us individually, which
we cannot cope with or control."