The Sun.
London, England, 1839-05-16 00:00:00

Vn gun.

LONDON :
THURSDAY, MAY 16, I$3D.

The House of
business yegterdav i
.--s only transacted some routine
Lord MELBOURNE ,They meet again to-day, when
27th instant. move an adjournment till the
In the House of Commons, after the presentation of
some petitions, and the transaction of some private
business, Mr. PRAED asked Lord JOHN RUSSELL to
Produce the minutes of the Cabinet Council held on
Saturday, of which the Noble Lord had read a portion
t() the House on Monday evening, but Lord JOHN
RUSSELL declined.
LABOUCHERE, at the instigation of Mr. HUME,
with a succinct narrative of the events connected
dthe case of Colonel PRINCE, in Canada. That
eer headed a body of Canadian Militia, which
bm.aved te body of American invaders, who had
with reat brutalit, from the colony.
-ter defeatin Colonel PRINCE caused four g them
'Pe an
-nS to be summarily put to death, and it was
• Ported with great barbarity, which created much ex-
' ,-641ent both in Canada and the United States. No
w-hluse, or word of apology, was offered for this atrocity,
„ell is probably consistent with the laws of war, and
h"-strates its horrors. Mr. LABOUCHERE was not pre-
pared tothe papers connected with the subject on
lay pap
he table
k Lord table.
RUSSELL, on moving the adjournment of
(it": House to May 07th, stated that he should on that
ell Propose to meet at half-past three to proceed to an
itection of a Speaker, should the Right Hon. Gentle-
a an Persist in his resolution of retiring from the Chair
:4 that on May the 30th he would bring forward a
%ion on the subject of Jamaica.
404 he SPEAEER then, in a short and appropriate
Cress, expressed his acknowledgments to the House
announced
the support and kindness he had received, and
04°UnCed that it was the last time he should preside
'ev its deliberations.
Air. 'Wywri alluded to the Chartists, but we have
elsewhere noticed the subject.
_ It was agreed that private Committees should sit,
notwithstanding the adjournment.
A- Committee, on the motion of Mr. HUME, was
liPgPointed to consider and decide on the plans for
hting the House.
The House then adjourned to May 27.

ahen Lord GREY took office in 1830 there
s no contention about the Royal Household ;
not a few of its members were Tories : the
ICING's Private Secretary was a Tory, andhis
1./treEN. was a Tory,
tage whicl, surrounded by nothing but
Tories. T
3/4°rd GREy, however, had a great advan-
was placed in ( Sir ROBERT PEEL wants. He
a
Commons, and the by a majority of the House of
Tallied the people measures he announced at once
around him, and gave him strength
to contend both
and
.an adverse Court and an
Adverse Peerage. against
This circumstance sets in a clear
light the weakness of the Conservative party. Sir
ROBERT PEEL has the Peerage with him, but he
leas not the people; and theref3re for him it is quite
Impossible to go on, unless he have every place at
court, and every disposable place in the empire, to
followers.
blihe, or to satisfy his hungry
Re, and the Tory scribes, must now find out
that the noisy parsons, great as may be their num-
)rs,*are not the people; and that the aristocracy, with
their retainers, and all the serfs they can infl
en retain
are not the People ; and that'even all the
and all those who have been
h"°,llservative electors,
poed and bought to support Conservative candi-
D'ates, do not constitute the majority of the
people • and that wanting their support he cannot
—aBlis,iit?l; carry on the Government without com-
-11114 unig the Court, even if he could with that
-eecl under his controul.
fit;te Wants another element of success. In the
'No s
• flu .1 o f Ear ( G REY'S power, before he got
with
_the old official tracks, he came forward
tiee
.4 measure which promised to he one of jus-
fond,Lo the people. The hopes he held out
.w.ere
inv•lY Cherished, and the expectation of receiving.
-11 'lee gave him a great moral strength. Sir 110-
p:in:ln PEEL has not justice on his side. His
is not based on dealing impartially with the
brie le of the people. He took office to uphold a
tolerous- wrono... The Church of England, according
NI the members of every other sect, is but the
th 41)41-lent of a mischievous error, and to uphold
folicat was at the bottom of Sir ROBERT PEEL'S
141 Y• He was to inflict injury oil all who do not
f (° Y•
to the Church. His system of policy is
:311.11ded on a violation of the first principles of
ofelety.
Wanting justice, and wanting the support
e pi, Sir
neo ' ROBERT PEEL could not pos-
r
'outtlY gorern without having a complete control
ise Court, and making the QUEEN a puppet in
hands.
00 Tories, Tories, in fact, from having always acted
der
er
IL
Coercive and unjust system of policy, can
Polity govern without the Court. In the ma-
the
l a Cases they must he in opposition to
e People, and cannot possibly hold officet b if the
our
the e against them. They spurn popularity.. as
rule; they govern as they say, by virtue of their
; and it the Sovereign does ma freng-
' em,
the peo 1 will never love or obey them.
p

Notwithstanding the habitual suppression of
feeling which marks the oratorical exhibitions of
Sir ROBERT PEEL, he could not restrain, in his
account of the failure of his attempt to form an
Administration, the admission of the real sentiment
that lies at the bottom of his public life—a craving
for office. This is the moving force that propels
the whole machinery of Toryism. He designated
her MAJESTY'S Ministers as his " rivalsfor poli-
tical power," and adopted throughout his speech the
same tone of uneasy jealousy and petty contention—
as if the one grand object at issue were possession of
place. In vain we look for some development of high
principle and disinterested patribtism—in vain we
look for enlarged views of policy, or a statesmanlike
procedure in reference to the existing circumstances
of public affairs ; his whole speech betrayed the
grovelling struggle for the portefeuille, the angry
temper of a man foiled by trifles, and dwelling
with exacerbated petulance, upon minor details
while important interests hung upon the result.
He was aware, forsooth, that tie must have under-
taken the Government with a minority in the
Commons, and hence the necessity of rhonopo-

(zing the sweet voices in the boudoir ;—out
voted by the Representatives of the people, he flew
for succour to the women of the Bedchamber,—
hopeless of the present Parliament, and distrustful
of a dissolution, his last recourse was in the
Ladies in Waiting ! Why, any man whose eves
were less fascinated by the prospect of of-
fice, and whose mind was more engrossed by
the grave responsibilities of the trust he had just
assumed must have seen at once the desperation of
his circumstances, and for the sake of the public in-
terests, and in deference to the overwhelming influ-
ences arrayed against him, would have resigned the
commission at once, instead of endeavouring to
haggle himself into power, which he must have
known he could not exercise with credit to
himself or benefit to the country, and which,
under any circumstances—Household or no
Household—he must have abandoned, after another
short and humiliating experiment like that of 34.
The only remarkable instance on record of an
English Minister sustaining himself against suc-
cessive majorities in the Commons, was that of
PITT, who, night after night, tired down the
triumphs of the Opposition. But how was he
enabled to overcome these defeats 2 By the
energetic support of the Sovereign and the
people. Out of doors PITT was then as popu-
lar as Sir ROBERT PEEL is now unpopular ;
PITT had the confidence of the country,
Sir ROBERT is distrusted on all hands, except,
perhaps, by the House of Lords. But even that
alliance is doubtful. We have enough of evidence,
were it needful to resort to it, that their Lordships
are not favourable to a Prime Minister who
ascends out of the ranks of the Commons ; they
resent his authority as an affront to their order ;
and it may be reasonably qugstioned whether the
House of Peers—insolent in its privileges, and
impatient of that part of the theory of our
Constitution which throws open the highest
offices to the humblest individuals would
not in the long-run have plucked the roses from
the couch of their plebeian leader, and left nothing
behind but the thorns.

But Sir ROBERT could not endure that Ladies
belonging to the families of his " rivals for political
power" should continue about the person of the
QUEEN. We may venture to assure him, how-
ever, that the Members of the Administration are
not his rivals for power. He miscalculates his own
position if he supposes there is any rivalry between
them. They have not been recalled to office by an
intrigue ; they have not attempted to stop up the
Palace, for the purpose of excluding Sir ROBERT ;
tout au contraire, when they retired from the
Government they recommended that the Duke of
WELLINGTON should be consulted in the construc-
tio❑ of the next Cabinet.

We yesterday drew attention, very briefly, to the
Manifesto just issued at Birmingham, and we again
advert to it as a remarkable sign of the times, which
neither statesmen, who are bound, like guardian
angels, to watch over the welfare of society, nor
mere observers, who note ext-raordinary events, can
with the least propriety overlook. We feel no in-
clination to exaggerate the power or the numbers
of the Chartists ; but the funds they have collected,
and the number of signatures already obtained to their
petition, show that they are not an insignificant body.
From the extreme violence exhibited by some parties in
the Convention, and from the obvious offence that gave
to others, added to the doubtful and, we know,
much mistrusted character of some of the leaders,
we had begun to hope that the Convention would
' fall asunder, and, leaving the masses without organi-
zation, and without a definite object, would have
relieved the rest of the community from the dread and
anxiety which they undoubtedly now feel. But the
recent measures which have been taken to extin-
guish all hope in the people of obtaining any fur-
ther reform, or any influence whatever over the Le-
gislature ; the previous obstinate denial of justice,
and obstinate adherence to a great system of avowed
plunder, in the case of the Corn-laws; the withhold-
ing of administrative improvement as well as organic
reform ; the two proclamations recently issued, one
of them inviting, as it were, the middle and upper
classes to arm themselves ; the attacks on, and ill-
treatment of, the Chartists at various places ; the
arrest, and we believe illegal arrest, of se-
veral of them ; and the frequent mention
which has made of them in Parliament, have
all combined to increase their importance and
strengthen their vitality. Ihe Manifesto, though
exceedingly powerful in places, is calm and argu-
mentative, and calculated to unite the masses,
and increase the power of their leaders. Thereto
must now be added another notice of the
Chartists, taken in the House of Commons last
night by Mr. WYNN, who would have made their
existence, and the fact that many of the people
have arms, a reason for immediately introducing
some legislative measure, or for shortening the ad-
j ouArinrin.
Ne%nrty oNfNla'adrvl
eiarmtedenttO the deadly weapons which
had been provided by a large number of people in the
country, and declared that the House was not doing its duty by consenting to suchlong adjournment
gtratteos.rely on then
without taking some measureL Lord
dr gptrleiseentiltitglawthse
.JOHN RUSSELL,
‘hyahni
ides
ef the Magistrates.
would not say that it might not be, nv,e,citeislsarreyn.art(o;
propose some measure to Parliament
to arms in the hands of evil disposed persons.
Great benefits, he said, had resulted fromsalyiis :
thatpro-
pro-
clamations ; and we may be permittelere
tofrequently been we think the subject of more importance than al-
amnods t anyle A
T other,To n
Ns
Ei hasNE frequentlyß A La(f occupied him
brought before the Cabinet. Mr. ATTWOOD denied
that the people were arming to any extent, but that
assertion was scarcely confirmed by the subsequent
observations of Lord JOHN RUSSELL. Most of
the speakers ageeed that there was a good deal of
exaggeration on the subject ; at the same time we
agree with Mr. HUME that it is the first business of
the Government to consider whether the masses
i
nive not jnst grounds of complaint, and immedi-
aiely to rel,eve them.
If they had no just ground of complaint,

The honest, bluff Duke of WELLINGTON is I why should there be any apprehension ? In
a regular Tory, and moreover he is a soldier, fact, it is the consciousness that the working
accustomed not to consult his troops, but to classes do suffer bitter injustice, which alarms the
command them. He treats meetings of the other classes, now that the working classes talk of
people as a farce, and how can he govern arming. One farmer, one shopkeeper, one noble-
them, unless he be clothed with the most ample man, feels no apprehension from other persons of
Royal power ? Hence the Duke, more open and the same class having arms, but they all dread the
more explicit than Sir ROBERT PEEL, expressly working classes having a pike or a musket. The
said, that "it appeared to me impossible that any general fear of the working classes, is a proof
I set of men should take charge of her MAJESTY'S that they suffer injustice. Their Manifesto elo-
Government without having the usual influence quently and truly says, that, for them, " the great-
and controul over the establishment of the Royal est blessings of mechanical art are converted into
Household—that influence and controul which their the greatest curses of social existence." Whatever
immediate predecessors in office had exercised be- may be the vicissitudes of society, the placeman,
fore them." The Noble Duke referred to instances the pensioner, the landlord, and the priest, must be
where Ladies had exercised improper influence at held harmless, or nearly so ; laws are made to
Court, and carried his jealousy of the Royal Per- keep them opulent, however terrible may be the
son so far as even to dread the political influence burdens borne by industry ; while not one change,
which might be conveyed in a whisper. His prin- not one disaster, happens to the community,
ciples, properly carried out, would compel the So not one war, even, is undertaken, but the
vereign not to hear or see any thing but what the working classes have it all to bear. Ground down
Prime Minister pleased. to the earth, excluded from all share in legislation,
If Lord GREY had dreaded the political influence taught by Lord JOHN RUSSELL, among others,
of Ladies as much as Sir ROBERT PEEL and the that laws influence the social and moral welfare
Duke of WELLINGTON, on their principles, he of the community, and seeing the legislating
should have procured the banishment of the Tory classes continually make laws to enrich and ag-
Queen ADELAIDE from the Palace of WILLIAM grandise themselves, the labouring classes now
IV. Such conclusions teach us that Tory policy aspire to an equal share of the legislative power,
is equally tyrannical over prince and people. It and the mode in which they seek to obtain
is a vicious system founded on constraint and the the object of their desires makes this for us one of
extinction of confidence ; and we can but rejoice the most important and interesting phenomena to
that the late egregious failure has unmasked r which the public can attend.
he world. • The great number of the Chartists, the sweeping
nature of their demands, the avowed hostility
which exists between them and the other
classes, obviously make the laws, which are
adapted only for regular, quiet, and orderly times,
unfit to cope with these circumstances. This will
be found a case for which the " file affords no pre-
cedent," and which will both try men's souls and
the national institutions. There is one of them,
to which, if long experience had not convinced us
of its worthlessness, we should now turn with hope.
The theory of a National Church instructs us to
look to it to mould the hearts and the will of the
people. But, as far as we know, of the twenty
thousand parsons who compose the staff' of the
Church of England, not a hundred of them will
have the smallest influence over the masses who are
now threatening the peace of the empire. Many
theorists contend that the Church Establishment
is valueless, and the present circumstances will be
the test of its qualities. If it be of any use, its
Ministers will be the active agents in reconciling
the different classes, in checking violence on both
sides, and in restoring harmony amongst the now
contending people ; but they are only employed in
exciting strife, in nourishing bigotry, in keeping
extortion and avarice in countenance, and in sub-
stituting mysticism for the moral duties between
man and man.

It will be seen from our Bow-street report,
that the thirteen members of the Democratic So-
ciety, brought before the Magistrate on Saturday,
were discharged yesterday, twelve of them on bail,
and the thirteenth, Waddington, without bail, be-
cause the Magistrate considered him so poor. We
can see no reason why they should not have
been discharged at the first examination, for on in-
quiry, all that Sir FREDERICK ROE could find
against them was, that the Society, of which they
were members, closely touched upon an illegal asso-
ciation. Many political associations bear the same
character, but the Whig Government, much to
their credit, have hitherto refrained from even ac-
knowledging their existence, and we can see no
good reason why the general rule should
zave been departed from in this instance.
Neither can we see any law or reason fot
confiscating their funds—sixteen-pence—for the
poor ; they were not convicted of any offence—they
were simply held to bail to abide a trial which will
never take place. The amount of the funds—the
implements of war—the flags and banners found in
their possession—and the ceremony of the Chief
Magistrate going to consult the Home Secretary on
these important matters, are all of the same stamp.

It will be observed from our Parliamentary Re-
port, that Lord JOHN RUSSELL intimated his in-
tention of proposing on the 31st instant, in a
Committee of Supply, a grant of 30,0001. for the
purposes of education. As the beginning of a
good work, we hail this announcement with the
most heartfelt pleasure ; ' and we rejoice to think
that the distribution of the grant is still in
the hands of those who will do justice to all deno-
minations of religionists, and not of those who
would have poured the vvhole.of it,.into the., lap .of
.g the Church." Indeed, it is well known that
one of the principal reasons which induced
the rabble of Sir ROBERT PEEL'S followers
to urge their leader forward to his mag-
nanimous onslaught upon his QUEEN, was
their dread of anything like a national system
of education, and their eagerness to monopol;ze for
our " spiritual pastors and masters" the controul
and direction of public instruction. The priesthood,
from the Archbishop to the country curate, have
been of late indefatigable in their exertions to get
up meetings and petitions against any system of
public education which shall not be entirely in their
hands. They must have the moulding of the
rising generation ; they must have the means of in-
stilling into the minds of the young their own arbitrary
principles of Government, and their own sectarian
views of religion; they have no toleration for the Bi-
ble unless they can neutralize it by the Prayer-book.
This was the aim of the Church-and-State party,
and to its accomplishment Sir ROBERT PEEL
had pledged himself in his place in Parliament.
Perhaps the Right Honourable Baronet now
finds that in making a public declaration to
that effect, he did not act with the prudence
for which the world—very undeservedly, as late
events have proved--gives him credit. It has re-
acted on himself, and has contributed to hurry him
into his present unfortunate and truly mortifying
predicament.

The grant now proposed is but small com-
pared to what will be demanded in future ; and a
considerable portion of it will be applied to the
establishment of a school for schoolmasters—a❑
institution for instructing teachers in the prin•
ciples and practice of their art. Such an institu-
tution is essentially necessary to the successful
working of any general plan, and has therefore very
properly engaged the first attention of the Educa-
tion Commissioners. When it is organised and
can furnish well-trained teachers, the grant will
be proportionally increased.

We have received the Antwerp paper of yesterday's
date, but it does not contain any news of importance,
with the exception of a project of law to the following
effect :

LEOPOLD, King of Belgium.
Article I.—The toll to be collected by the Government
of the Pays Bas ( Holland) in the navigation of the
Scheldt, for ships going to Belgium by theScheldt or the
canal of Tereuzen, shall be reimbursed by the State to
ships of all nations. For this purpose there shall be
opened a credit to Government of 300,000 franc.; to
cover the expenses of the last month, 1839.
Before the Ist July, 1843, it shall be examined if the
benefit of the preceding disposition should be maintained
in favour of the countries we have no commercial arrange-
ment with.

Article 2.—To provide in part for the reimbursement
prescribed by the preceding article, there shall be levied
three additional centimes on the Custom-house duties of
transit and tonnage.

Having elsewhere copied from the French Journals
of Tuesday, the whole of which we have received, a
full account of the final suppression of the insurrection
in Paris, which was partially renewed on Monday,
nothing remains for us here but to notice the proceed-
ings of the New Cabinet. The Deputies of the Left
and Left Centre met on Monday after the sitting, ~nd
agreed to support M. THIERS as candidate for the Pre-
sidency of the Chamber, vacated by the appointment of
M. PASSY to a seat in the Cabinet. At a Cabinet
Council held about the same time it was agreed that the
question should be an open one, as MM. TESTE, PASSY,
and DurauttE represented that they could not oppose
the election of M. THrEEs without openly renouncing
all connection with the Coalition—a measure to which
they had a strong objection. On Tuesday the election
came on in the Chamber, when there appeared on the
first scrutiny—

Number of voters
Absolute majority
For M. Thicrs
M. S.►uzet
M. Dupin
M. Lamartine 5
M. Barrot
M. Laffitte 2
None of the candidates having the required majority,
a second scrutiny was demanded, when there appeared
For M. 'Tiers
M. Sauzet
Upon which M. SAUZET w.ts declared duly elected.
The rejection of Al. THIERS manifests the little
reli Ince that can be placed on the stability of the
French Chamber of Deputies, the Members of which

THE SUN, LONDoN, THURSDAY, MAY 16, 18:i9

wheel round and round, like so many political weather-
cocks. The belief begins to gain ground in Paris, that
the last insurrection was one of those demoniacal shifts
to which Lours PHILIPPE is wont to have recourse, to
establish his waning influence in the Chamber, and if
so, it has been entirely successful. He has now a
Ministry as pliant as the greatest tyrant could possibly
desire ; and his partisans have succeeded in attributing
the late insurrection to the attacks made upon him
by the Opposition. To gratify the miserable feeling
that would keep M, TRIERS out of the Cabinet, Paris
has been again converted into a human shambles! But
our detestation of the tyrant is neutralized, by our con-
tempt for a nation always babbling about glory and li-
berty, and yetcapable of submittiug to the vilest quackery
of despotism.
The Chamber of Peers—that most contemptible of
political bodies—was on Tuesday constituted a Court
for the trial of the insurrectionists. Wherefore all
this mockery of justice ? Who in France does not
know that that Court will t egister any sentence which the
KING wishes to pass? It would be less an insult to
the common sense of the people to execute the accused
without trial. But perhaps it is designed to allow the
spies and secret agents of the Police to escape by a for-
mality which will enable them subsequently to work
more successfully on the passions of the discontented.
The following telegraphic despatch, which we copy
from the Moniteur, contains the only authentic intelli-
gence from Spain :
,‘ BAYONNE, MAY 13TH, THREE O'CLOCK, P.M.
" TER SUB-PREFECT OF BAYONNE TO TIIE MINISTER OF
THE INTERIOR.
" Cabrera is again master of the Madrid road, and four
mails from that capital are now due.
" On the Bth General Espartero, who had taken entire
possession of Ramales, announced that he would attack
Guardimino on the 10th."
We are sorry to announce that the Duke of BAS-
SA NO died in Paris on Monday evening.
BOURSE, PARIS, TUESDAY, MAY 14.
HALF-PAST THREE.—For the Account the Three per Cents.
opened at 81f. 90c., fell to 811. 75e., and closed at 81f. 85c., a rise
of sc. The Five per Cents. opened at 1110 55c., advanced to
111 f. 70c., and closed at Illf. 6 Oc., a rise of 15c. For Money the
Five per Cents. are 35c., and the Three per Cents. are 10c. higher.
The Bank of France Shares are unaltered. The Laffitte Bank of
I,ooof. Shares are also unaltered. The Belgian Bank Shares have
not been quoted. The Belgian Three per Cents. for the Account,
73f. The Spanish Active has had but the one price of 20. The
Railway Shares have improved; the St. Germain 5f.; the Versailles
Right Bank, 17L 50c. ; the Versailles Left Bank, 25f. The Havre
and the Orleans unaltered. The account of the result of the vote
in the Chamber of Deputies, for shit offidt of 'President, which Is
not conclusive, reached the Bourse just at the close.
First Highest Lowest Last
Price. Price. Price. Price.
French 5 per Cents
4 per Cents lOl 9U ~, 101 90 ... 101 90 .., 101 9.r
3 per Cents CI 75 ... 81 73 65 81 70
Bank of trance
Latfitte Rank I,ooof. Sh lO7O ...IVO ...1070 ~,1070
5,000 f. sh 52'75 ...5275 „..5275 ...5275
Belgian 5 per Cents lO2 ... 102 102 •02
2 per Cents 72 90 ... '72 90 ~, 72 50 ... 72 90
Coupons
S •anish Ac ive fo ... 20 20
Portuguese 3 per cents
Neapolitan
RAILWAY SHA REs.

697 L 0 ... 702 50 ... 697 50 ... 70i 50
750 735 .75n
... 753
275 ... 282 50 ... 275
... 2fio
Havre
965 ..• 967 sii ... 965
... Kr 51
Orleans ..
Strasburg to Bale „, 337 Sf' ... 3i7 30 ... 327 50 ... 337 51
DUTCH FUNDS.—Ammitimm, MAY 13
Money. Hills.
actual Debt, Z 4 per Cent
Ditto, ditto 5 per cent.
A mort Svudic,4y. per cent. 95 9*.
Ditto, ditto, 31, per cent.
7614 £0
._ .

St. (erntai,,
Versailles, X. B

. . . .
Commercial Company, 4 : per cent 179 '.
180%
Ditto (1N.32 and 1333) 5 per cent. ...... ~ .._
Ditto 1,437, 5 per cent.
Loan 1837, 5 rer cent.
Exchange on London, One month
Two months
BELGIAN I. UNDS—Bacesate, MAY 14.
Actual Debt, 2.1 per Cent,
Rothschild's Loan, 5 per Cent. PI%
Loan of Thirty Millions, 4 per Cent. ....
3 per Cent ........ 72%
Loan of City, 1832, 4 per Cent 92
Society of Commerce, 4!v per Cent .........
Rank of Belgium, 5 per Cent Bl
National Society .
—Brussels Papers, May 14.
AUSTRIAN FUNDS.—VICNNA, MAY:6.
Five per Cents. Metalliques
Four per Cents.
Three per Cents.
Bank Shares ............. ............... ... .......... .....
—AllgemeineZeitung. May 11.
PRUSSIAN FUNDS.—Bentan. MAY 7.
Rifts Money.
St. Schuld. Sch., 4 per cent 103% 10214
Prussian Engiish Loan, 1830, 4 per cent 102% 1C2%
Uxchange on London, three months 6 20;i
—Prussian State Gazette. May 8.

Letters from Constantinople of the 24th April have
been received. They announce the wreck, on the 19th,
of the new steam-ship Orient at Samsoun, on her
voyage to Constantinople, with a valuable cargo of silks
and tobacco, no part of which was insured. No lives
were lost.

The Turkish fleet was not to leave the Arsenal be-
fore the middle of May. Hostilities between the Porte
and MEHEMET ALI were deemed inevitable. Letters
from Bagdad of the 24th of March report that the
army of the Viceroy had subdued the most powerful
of the Arab tribes bordering on the Persian Gulf towards
Bassorah.

MONEY AND COMMERCIAL NEWS

CITY, TTVELV.E O'CLOCK
LIVERPOOL COTTON MARKET, WEDNESDAY.—The de-
mand for Cotton to-day has somewhat improved; the sales
are 2,000 bales, at yesterday's prices.
Arsi vales- is is mososisser-..R..asrals-aact,Ostand mails ; ship
letters from Demerara, St. Kitt s, and Jamaica.
We have very few arrivals this morning, and the ship
letters are of old dates ; consequently we have a scarcity
of intelligence, with the exception of that received by the
express from Paris, by which it appears that Louis Phi-
lippe has succeeded in getting all his own way.