The Sun.
London, England, 1853-12-08 00:00:00

THE SUN, LONDON, THURSDAY EVENING, DECEMBER 8, 185►,

and yet again in Asia, and along the Banks of
the Danube—is it probable that under , these
particular circumstances he will listen respect-
fully and meekly to the proposals for his
formal submission ? Recollect—no arrangement
can possibly be entered into except one requiring
from the CZAR the withdrawal of his demands
upon the Sublime Porte, and of his troops to the
left bank of the Pruth, within the limits of his own
province of Bessarabia. These concessions the Em-
pEROR ofRIISSIA has hither to refused to make in spite
of the impassioned entreaties laid by the Vienna
Plenipotentiaries at the foot of his throne, that
he would so magnanimously preserve Europe
from the rupture of a thirty-eight years'
tranquillity. Yet it is expected by the organs
of Aberdeenism, that the last feeble appeal of
timidity will be more effectual than all its san-
guine, and energetic, and persevering precursors !
Alas ! for the honour of a great nation, when
Credulity is the echo of the boasts and vapourings
of Ministerial pusillanimity.

which is its very marrow and strength, that is
now placed so frequew ly in a truly painful posi-
tion. It carried Roman Catholic Emancipation ;
it has supported every measure of equal dealing
with Romanists ; it has opposed all degrading
pledges and legal exceptions to their dis-
advantage, and yet it is now compelled to
aide with the vehement and bigoted Anti-
Catholic party, from whom it has always
desired to keep aloof. Rome and its hier-
archy have done this. While confining them-
selves to the patient proselytism, which was suc-
cessful enough amongst the dilettanti religionists,
both male and female, especially the latter, it was
held that they were taking the legitimate course
for the zealous of all sects, and all who wished to
meet their efforts were told that but one course
was open to them, to "go and do likewise." When,
however, hierarchical ambition sought to elevate
itself on the ruins of the British Throne, and to
map out Britain as a fief of the Vatican, the
most moderate and liberal Protestants could
endure it no longer. No State-Churchman,
of course, could tolerate such assumptions ;
and it should be instructive to Catholics, that
while an intelligent band of Voluntaries could and
did consistently proclaim that the State ought to
be a perfect GALLIO in respect to Ecclesiastical
Titles, yet the great body of Dissenters went
quite the other way, and even sent a respectable
deputation to the foot of the Throne. Notwith-
standing their antagonism to the Established
Church, and their well-known and firm attach-
ment to Religious Liberty, they saw in the
" Catholic aggression" an attack on the Civil
Rights of the Crown and their country. This
ought to convince Catholics that the best friends
of their liberties will not submit to Hierarchical
insults, real or apparent.

The Bears have again received a painful though
salutary lesson, as to the absurdity of displaying
a perverse resolution to run counter to the gene-
ral feeling of the community. The speculators
for a
fall have paid pretty severely for "their
whistle," finding by sad experience that the pub-
lic are no longer to be done, and that trying un-
duly to depreciate stocks and shares becomes
rather an expensive amusement when the attempt
to excite a panic turns out a total failure, and
the shafts prepared with care, and launched forth
with skill, fall blunted to the earth, or recoil upon
the archer. The numerous reports and rumours
that were cunningly devised and industriously cir-
culated completely failed in their intended effect.
British capitalists, like British soldiers, were not
easily frightened. The Bulls did not know when
they were 'beaten ; and as " money purchasers"
came up boldly to the rescue, they were enabled
to turn the tide on their persevering opponents,
and to defeat them even with their own weapons.
The result has been that those who " went forth
to shear have returned shorn," and unless they
speedily abandon the fruitless contest, the decisive
defeat they have already sustained will be changed
into a total rout, in which all their resources will
be •cut off and destroyed.

There might be, however, and we think were,
two sides to the Ecclesiastical Titles Question ;
but to the one raised by the Protestant Al-
liance, on the 28th, at Freemasons' Hall,
there cannot be two sides with any Englishman
who respects himself. With that Association's
proceedings we have generally had little enough
of sympathy ; but they are now engaged, not in
a crusade against Catholics, but in the mainten-
ance of our common rights. No, Englishman can
be so lost to self-respect as to be ready, like the
Dutch in Japan, to submit to any insults and de-
gradations, if he may but be permitted to breathe
for pleasure, health, or gain upon a despot's
shores ; and the object of the meeting was to call
upon Lord CLARENDON by a requisition to deliver
our fellow-countrymen residing in Spain, Portu-
gal, and Tuscany especially, from the most inex-
cusable and degrading religious disabilities. The
speaking, of the leading persons at least, was of the
most moderate and well-advised kind. Less irritation
on the part of persons feeling themselves deeply
aggrieved could hardly have been displayed. It
was acknowledged, while intolerant laws were of
course denounced, that each independent State
has the right to settle by its ' laws the terms on
which it will admit foreigners to reside in its
territory ; and while the contrast between our
toleration of Catholics and Catholic intolerance of
Protestants was broadly exhibited, it was conceded
that the realms of bigotry were not to be coerced
to imitate those of Religious Liberty. It was,
however, unanswerably asserted that we on our
part were equally at liberty to refuse association
on friendly terms with nations who insult us; and
the inference was, that we ought to decline all
diplomatic intercourse with nations who resolutely
insult us through our religion. From such
nations we are urged to withdraw our representa-
tives, a mode of showing our resentment
which the countries in question might not
dislike. It is demanded, moreover, that we
should refuse to allow any severer punishment to
be inflicted on British residents, for the crime of
circulating GOD'S Holy Word, than that of
deportation.
Now, surely, the case against the Papacy
and its Hierarchy is become unusually strong.
Assuming afresh the principle of HILDEBRAND,
and openly endeavouring in England and Ireland,
in Holland, Prussia, and Baden, and in other
minor states to tread the Protestant Governments
beneath their feet, in both kingdoms of the Pe-
ninsula, and in Tuscany, where Ultramontanists
have all things their own way, they actually for-
bid Protestantism to live or breathe. Not only
are the most savage penalties inflicted for the
slightest rttempt to open the eyes of a poor
native o Roman abuses which even Catholics them-
selves have denounced, but a Protestant is forbidden
to celebrate any public acts of worship, and liable to
three years' imprisonment if he " fail in respect
to the Roman Catholic Religion." And this is a
part of the new penal code of Portugal ! the
country of all others which but for England would
long have been but a subjugated province : yet even
here our diplomatic residents themselves, and all
other Englishmen, are liable to ignominious pun-
ishments if they worship their GOD after the
manner of their country, and according to their
own convictions ! Baptism, marriage, and burial,
according to the rites of our Church, are out of
the question ! With Tuscan and Spanish enact-
ments we are all but too familiar; the MADIAIS,
Miss CUNNINGHAME, and the HOWDEN correspon-
dence have brought them fully enough before us.
Here, then, we allow, is a case which does call
upon our Foreign-office to maintain our rank as
a nation at Foreign Courts. It is not to be de-
manded that we should be allowed to send Pro-
testant Missionaries, if we please, reasonably as
we could appeal to our own practice at home
in admitting the agents of Rome. We are to
demand only—to use the words of Lord SHAFTES-
BURY—.

It was supposed that the speculative sales had
some time since ceased, and that quotations were
allowed to follow the natural course of events, and
the ordinary fluctuations of the market. We find,
however, unequivocal indications that such has
not been the case. There has once more been a
considerable demand for Stock, and a handsome
" backwardation" has in many instances been paid
by parties anxious to have the chance of another
turn of the wheel of fortune, placing, like des-
perate gamesters, all their fortunes on the hazard
of the die. It is a convulsive effort to win back
the smiles of' the fickle goddess, in the desperate
hope that some national calamity may occur pre-
vious to the opening in January to create general
dismay and distress, paralyse the trade and com-
merce of the country, and bring the Exchequer to
a state of comparative difficulty. They only
dread the appearances of prosperity—the " evil "
they fear is a general improvement in quotations.
Their most serious apprehensions point to " a
firm market, with Consols at par, and great acti-
vity prevailing in railway and mining shares !"
We may reasonably suppose that the parties
engaged in such transactions will be quieted for
some considerable time by the losses they have
already sustained, and those that may be
incurred before they are completely extri-
cated from the snares and pitfalls, prepared
for others, into which they themselves have
tumbled. But they are an energetic race, who
display a mischievous activity and determined
resolution befitting a better cause, whenever an
opportunity arises. Occasionally, as in the pre-
sent instance, they suffer heavy loss, but they
also frequently reap large profits by their unfair
and unconscientious efforts to injure the property
of others by selling stocks or shares which they
have not in their possession, or in which they
have no bona fide interest, in the expectation of
being able to purohase them at lower rates before
the time appointed for the completion cf the con-
tract, or what, in Capel-court parlance, is denomi-
nated " settling day." They thus retain extra-
ordinary vitality, and, with more than cat-like
tenacity of existence, survive blows that would
destroy less mischievous animals. We must recol-
lect too that the larger and more wealthy specu-
lators have broken from the " springes," leaving,
it is true, considerable portions of their garnishing
behind ; but still they have escaped, and may at
any time renew their operations. It is only the
" ursce minores" who remain in the traps, whose
bargains had to be adjusted at the last moment,
and who have been paying " backwardations," and
borrowing stock for delivery on such extravagant
terms. We rnust also bear in mind the fact that Con-
sols have been forced down from above par, and that
although they have to a certain extent recovered
their value, being now worth 94 to *, a great
improvement during the last few weeks, those who
had previously worked them to a little more than
90 had realised large gains, out of which they may
hear to disgorg6 a large sum without being de-
terred from resuming familiar schemes at a future
time.

On the whole then it appears that the snake is
scotched, not killed, that the monster nuisance which
has so long prevailed in the purlieus of the Stock
Exch an ge has been by no means permanently abated.
The evil which attracted legislative attention in
the early part of the reign of GEORGE the Second
still flourishes in rank luxuriance. Under such
circumstances, is it not essential that the notice
of Parliament should be once more directed to the
subject ?
If gambling be prohibited at the West
End during the " witching time of night," why
should it be tolerated " under the Shadow of the
Grasshopper" in the broad light of day. If the
betting-houses are to be closed, and all speculators
who accept deposits for wagers on races subjected
to stringent punishment, why should stockjobbing
or gambling in the public funds be sanctioned,
the mischief whereof extends far beyond the par-
ties immediately concerned, and not unfrequently
robs widows of their provisions, and orphans of
their portions ? If our laws look so closely after
the small fry, why do they permit the more mis-
chievous operators to escape with impunity, to
carry on their nefarious transactions without let
or hindrance. These are questions that should
be fairly answered, and which should lead to the
adoption of decisive measures before the termina-
tion of the next session of Parliament.

" Liberty of Conscience for British subjects travelling
or residing in Catholic countries —liberty to this extent
—to hold communion one with another upon all religious
subjects ; liberty to exercise private worship within their
own houces, and with their own servants ; liberty to
have their places of public worship ; liberty to have the
Word of God, to talk over it, and to make it known
within the sphere of their own influence ; liberty of
marriage, of baptism, and of burial—not in a covert and
secret way—not by night as if they were committing
some monstrous sin, and were afraid of the officers of
justice, but openly, fairly, and decently, according to the
solemnities required in this country."
Thus much certainly Lord CLARENDON ought
to demand unconditionally ; and he might also
with truth inform these foreign religious protec-
tionists that a religion which shirks unrestricted
competition must be rotten at the core. St.
PETER and St. PAUL most certainly preached no
such faith. " Search the Scriptures" was their
motto, as it was that of their Master.

DEATH OP CAPTAIN WARNER.—This gentleman, so
well known for his invention of what was popularly
termed the "long range," has died very suddenly this
week, having been on the day previously in the apparent
enjoyment of perfect health. It appears that recently
Captain Warner was very sanguine of coming to some
arrangement with the Turkish Government for the use
of his invention ; and whether the excitement arising
from this expectation had any connexion with his sudden
, death sis matter for conjecture. We regret to hear
that there is a widow and seven children, as far as is
known, without any provision. It is not yet ascertained
whether the " secret" of the invention is left in de-
ceased's papers ; but he usually declared that it would
be. The rank of Mr. Warner was that of Master in the
Royal Navy, and his means have been necessarily de-
voted to his favourite project.
MESSRS. HOLMES.—It appears that the affairs of the
Isle of Man Bank (Messrs. Holmes and Co.), which
suspended on the 16th of November, are still in a state
of uncertainty, and are likely even to be thrown into
Chancery. The liabilities of the establishment at the
Isle of Man and in Liverpool have been estimated at
190,001)1., and the assets at 207,0001. Meanwhile its
note circulation has been adopted by the Bank of Mona,
and will be paid in full.
GREAT NUGGET VEIN COMPANY.—Messrs. D. Dun-
bar and Sins, the agents of the Great Nugget Vein
Company, have addressed a letter to the secretary of the
Railway Department of the Stock-Exchange, giving full
details regarding the position of the shares of that un-
dertaking, as they will be effected by the sum now to
be returned upon them. With regard• to the deficient
and illegal amount of dividend allotted to the English,
as compared with the colonial shareholders, Messrs.
Dunbar, who, in their capacity of agents, are in no way
responsible for the erroneous proceeding, state that they
have communicated to the Sydney Board their opinion
of the impropriety of the course pursued, which, how-
ever, they think must have been the result of oversight
instead of any intention to act unfairly.
LYONS.—The report from Lyons of the amount of
silk "conditioned" for the month of November shows a
total of 2,835 bales, weighing 464,7861 b., against
2,718 bales, weighing 437,7451 b., in the preceding
month. That of St. Etienne (the Coventry of France)
was 486 bales, weighing 74,2161 b.

Roman Catholics may rest assured that the
great body of Englishmen can well distinguish
between the claims of Catholic consciences and
those of the Papal Hierarchy. Satisfied as nearly
all England is that the distinctive tenets of the
Catholic Creed are a mass of extra-Scriptural
and Anti-Scriptural superstition, it is yet a most
gratifying fact, that conscientious belief in con-
fessed superstition is regarded at the present day
by English Protestants with a tenderness and
reverence unknown to former ages. Roman Ci-
tholic priests indeed share frequently with other
ecclesiastics a too natural suspicion of their pro-
fessional sincerity. This is, however, incident to
all professional men ; but we may say with confi-
dence, that at no previous period of history has
the respect due to conscientious religious convic-
tions been more generally diffused amongst Pro-
testant s.
Hence the general aversion amongst them
to ernsaders and orators of the Exeter-hall School ;
to tile
MA.c \-ILEs E
popery
wrat; and _ S
TOWELLS whose
threatensAnti-
a to consume all the kindlier
sentiments of their own hearts, and to produce the
same mischief
in
should have been their opponents' hearts, till what
a heavenly flame is but too
plainly on both sides a flame kindled from a very
opposite quarter. Notwithstanding
all that Rome
; the has done, both in England and
d Ireland
en-
lightened moderation of our
commu-
nity generally is averse to what is distinctively
known as the " No-Popery" cry.

Now, it is just this large and truly respectable
portion of English Protestantism—the portion

MONEY MARKET

LATEST FOREIGN NEWS.

AND
CO M ME.RCIAL INTELLIGENCE.

RUSSIA AND TURKEY.

CITY, TWO O'CLOCK.

MORE VICTORIES BY THE TURKS.

The sales of cotton at Liverpool yesterday were
estimated at 6,000 bales, of which 500 American
were taken for export. The market closed tamely,
but with steadiness' compared with Friday's rates ;
prices of all kind were unchanged. The sales com-
prised 4,500 American, 820 Pernam and Maranham
at 61d. to 81d., 70 Bahia, at 64d. to 6gd., 100
Egyptian, at 60. to Bcl., and 500 Surat, at 3d. to
34d per lb.. Railway shares were dull at lower
prices.
The accounts received to-day from New York
mention that the stock market was again depres-
sed. It was estimated that the losses on " fancy"
stock, during the past three months, amounted, in
the aggregate, to not less than three millions of
dollars. The dry goods market was dull, and in
foreign productions there was very little animation.
Flour was in more request, at improved prices, the
advance being 121 to 18 cents. This was
owing to the news received from this side,
and the probability of the State Canal, closing
early. The emigrant ships which were ar-
riving, continued to show great mortality
on board during the passage. The Constellation,
with 916 persons from Liverpool, had 100 deaths,
and the Hibernia, with 380 passengers, lost 33
emigrants. Some decided action should evidently
be adopted by the authorities on both sides of the
Atlantic for the better protection of emigrants on
board of American owned vessels.
The very excellent report made at the meeting
held this week by the Bank of Australasia pro-
prietors, as to the business of the last half year,
would serve to show that there is still sufficient
room for banking operations at a fair profit. It
was likely, however, that for a time, at least, the
banks would show good returns, having a re-
sidue of , profit from the gold purchased left
over from the previous six months • but no
one can expect with the new competition that
has arisen, dividends of 20 and 30 per cent. per
annum, nor is it desirable in the interest of the
colonies that there should be such. During the
quarter ended the 31st March last the notes in cir-
culation, as far as the Bank of New South Wales
and its Victoria branches are concerned, and the
other banks located at Sydney, but exclusive of
their Port Philip establishment, amounted to
984,8001., being an increase during the 12 months
of more than 92 per cent., and during the three
months of about 100,0001. This, with the accu-
mulation of specie, must be held. to be rather an
advantage than otherwise. Bank restrictions for
new countries, if carried too far, is more severely
felt even than in the parent states, where capital
is abundant, and it seems to show that by the me-
dium of public works and otherwise, the newly-
earned capital of Australia will find employment.
The Bank of Australia appears by the returns in the
colonial papers to have increased its issues next
in amount to the New South Wales Bank. The
deposits were in March, 1853, 3,338,700/., being
an increase during the twelve months of 125 per
cent. This includes the New South Wales Bank,
the Commercial, the Australasia, the Union, and
the Joint Stock. Such a fund to fall back upon
cannot but inspire confidence, and induces the
hope that Australia will yet extend her trade and
her agricultural resources in an accelerated ratio,
compared to what has occurred even since the
gold discoveries.
A very fully-attended meeting of parties holding
shares in the various Gold Mining Companies, is
now being held at the London Tavern. The chair-
man, Mr. Guedalla, stated that it had been found
impossible, in numerous instances, to get any
balance sheets, and that it was consequently un-
known whether the capital was all subscribed, or
if subscribed, whether it has been spent, and if not
expended, how it is invested. The " rigging" of
the market to get out shares at a premium, the
non-fulfilment of the undertaking in the prospec-
tuses that the Cost Book system should be adopted,
the neglect to call periodical meetings of the share-
holders' and other grievances, were duly com-
mented upon, and the meeting exhibited much
warmth in condemning the indifference manifested,
seeing that many of the companies have been in
existence three years. It is proposed, we believe,
to form a committee of shareholders to adopt de-
cisive measures, but the meeting is not yet over.
During the fortnight ending last evening, the
Hon. East India Company drew bills on the presi-
dencies to the amount of 40,3551. This is a sen-
sible reduction compared with recent amounts.
The last week's railway receipts ascertained up
to this day are in round figures as under
1853. 1852.
Great Western
North-Western
South-Western
Brighton 10,518 8,991
Midland
South-Eastern. 12,306 11,105
Caledonian and Edinburgh and
14,628 15,506
Glasgow
I Great Northern

The Salamander, which arrived yesterday at Mar-
seilles, brings intelligence from Constantinople to
the 25th ult.

Several actions, glorious to the Turkish arms,
had taken place in Asia. The Russians had been
repulsed at Sahilz, after three sanguinary engage-
ments. The fortress of Saffa, and, it is added, that
of Akerka, were taken by assault by Selim
Cheftakil (St. Nicholas) had again been unsuccess-
fully attacked by the Russians on the 17th, as
were also the entrenched positions of Abdi and
Bajazet.
A brilliant banquet had been given by the
Turkish Minister of Marine to the officers of the
combined fleets, who were previously presented to
the Sultan. The speeches made on this occasion
by the French and English admirals promised ef-
fectual aid against unjust aggression, and expressed
a desire for the speedy re-establishment of peace,
consistently with the honour and rights of the
Sultan.

By electric telegraph, from Odessa, under date
of the 17th ult., we learn that the armaments are
still being carried on with great energy, and that
it is confidently believed that the Russians will
cross the Danube, in spite of the winter. The
garrison of Odessa is to be moved to Galatz, and
fresh troops from Tauris will occupy that place.
From Belgrade our information dates up to the
24th ult. It appears that the officials of the Rus-
sian Consulate have not left Belgrade. The en-
gagement between the Servians and the Turks was
more important than had generally been believed.
The Turks lost about 50 i;oldiers.

The Austrian Correspondenz says :
"We have advices from Constantinople of the
28th of November. The prospects of peace gain
ground.
" The city is quiet, and the public health good.
Sir Edmund Lyons had arrived."
A correspondent of the T riester Zeitung gives
the following as an extract from a Ru-sian mani-
festo said to have been communicated to the
army :—" By the grace of God, I am your leader ;
I devote my blood and that of my children to the
liberation of the brethren of our faith from the
oppression of the Turks ; and my house will not
rest contented until their land falls under the
dominion of Russia."

Lancashire and Yorkshire 16,970 16,558

The English Stock Market is exceedingly firm,
and there is the same feature observable—viz.,
buying for investment. The Transfer Books being
about to close, the desire is greater than ever.
Consols have been 961 and since 961 for money,
and after being Hi 4, have touched 951 ex divi-
dend, for account. The New 31 per Cents. are
971 to 4, and the 3 per Cents. 95i to 4. Bank
Stock is up to 2199 and 220. Exchequer Bills
are ss. to Bs. premium, being rather firmer. Money
is worth only about 29 per cent. on stock.
Foreign Securities have been good generally,
but Peruvian are an exception, owing to the un-
favourable official report as to the probable dura-
tion of the guano. There have been no bargains.
Spanish 3 per Cents. have been quoted 461, and
the Deferred 22g 9. Portuguese 4 per Cents. are
414. Mexican Stock is dull at 25 to but Grenada
Deferred has been better supported. at 8- to -1-1.
Sardinian Bonds, ex dividend, have realised 891.

Dutch 21 per Cents. are at 64.
The Railway Share Market is scarcely so good
as yesterday ; but Midland, Caledonian, and York
and Berwick are firm. French and Belgian Shares
are very quiet.
The Gold Mine Shares have been rather flat,
but New Grenada and Brazilian Imperial are firm.
United Mexican have been cheaper.
The Australian Bank Shares, though quiet, are
firm.
The Land Companies' Shares have been in re-
quest at previous rates.

The following letter is from Bucharest, dated the
26th ult. :
" You will remember that some time since the Rus-
sian authorities in Moldo-Wallachia forbade the expor-
tation of corn from Galatz and Ibraila. The evils re-
sulting from that measure were very great, and numbers
of people were threatened with ruin. Remonstrances
were addressed to the Russian Government by some of
the other Powers upon the injustice of such a proceed-
ing, in consequence of which the Emperor has been
pleased to cause the following Declaration' to be
issued :

" In compliance with the order of his Majesty the
Emperor, the Commander-in-Chief of the Imperial troops
indicates the' ports of Ibraila and Galatz as those which
are to serve for the commerce of the subjects of neutral
Powers, from the Black Sea, who may return freely to
that sea, after having received their cargoes in the above-
mentioned ports, on condition that they shall abstain,
before entering the Black Sea, from touching at any of
the ports on the Danube. In consequence of which
those ships, before leaving the ports of Ibraila and
Galatz, are bound to present their papers to the Russian
Consular agents, who will furnish them (gratis) with
a certificate indicating the destination of the ship, and
bearing the solemn declaration that if before getting
out to sea, they had corn or provisions at any point
whatsoever of the right bank of the Danube, they will
incur by that act the penalty of sequestration. Neutral
ships wishing to ascend the Danube, and to enter di-
rectly into the Austrian dominions, and which have car-
goes destined either for Ibraila or Galatz, or for expor-
tation to the Black Sea, must also conform to the same
rule, and be furnished with the Russian certificate indi-
cating their destination and bearing, under pain of se-
questration, the prohibition to engage in traffic of any
kind upon the right bank of the Danube. As to neutral
ships wishing to ascend the Danube, they shall meet
with no impediment, provided that at their passage by
Orsova they obtain a certificate from the Russian Con-
sulate, stating that they belong to neutral Powers, and
that their cargo is not destined for one of the Turkish
ports of the Danube.'
"The Turks have now retired from the entire line of
the left bank of the Danube, with the exception of Kala-
fat, in which town and the immediate neighbourhood

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(Prom the Official List.)

Business done.
Bank Stock ........ ........... ............ 2l9h 20
3 per Cent. Reduced Annuities 9si 8
3 per Cent. Consols Annuities 968 4
A
New 34 per Cent. Annuities 974 .
Long Annuities, Expire sth Jan., 1860 54
Dittc 30 Years, Expire 10th Oct., 1859..., 5
Ditto 30 Years, Expire sth Jan., 1860 si 9-16
India Bonds, £lOOO
Ditto, under £lOOO 1 4 p
Consols for Opening 18th Jan 941 54 48 x d
Exchequer Bills, ld.
£lOOO
£5OO 5 8 p
Small 5 8 p

they still remain unmolested. They also occupy the
little island of Mokan, opposite Giurgevo, where they
pass their time in firing, under cover of the trees, at any
of the Russian soldiers that may come within their reach.
At Kalafat the Turks are pushing on their advanced
post to Krajova. In all they now muster at this point
about twenty thousand men. The greatest mystery
envelopes the movements of the Russian army, but I
have reason to believe that Prince Gortschakoff is
silently meditating a movement in the neighbour-
hood of Kalafat. It is evident that the Prince's
tactics are to induce the Turks to assemble in force on
some one point, and then to fall upon them sud-
denly. Such was his pla❑ at Oltenitza, but the great
slaughter in the Russian ranks must have shown him
that he had underrated his adversary. The Russians
have not been able to hold the quarantine point at
Oltenitza, for the place can at any moment be swept by
the guns of Turtukai. But why the Turks should aban-
don a place which is so well protected I cannot conceive
—else why did they oross the Danube at all ? The island
of Mokan, opposite Giurgevo, is under the Russian
guns. The island might be shelled at anytime, and the
Turks driven off. The Russians, however, are deter-
mined to act upon the defensive, and they seem to in-
vite the Turks to come over to the left bank. That
part of General Luder's corps which occupied Galatz and
Ibraila, has marched for Bessarabia. What the object
of this strange movement is, I have not been able to
learn. Some suppose that the soldiers are simply
going into winter quarters—others say the whole of
Luders' corps is to embark at Roni for the Black Sea.
" The following is a statement of the Russian forces
that entered the Principalities in July last. Since then
they have received reinforcements amounting to about
10,000 men. But, deducting the deaths from sickness and
wounded, you will find the following tolerably accurate
with regard to the present state of the Russian army :
" Numbers of the Russian Troops that have entered the
Principalities since 2d July, 1853, by Skuleni and
Leova :
Belonging to the sth Corps d' Armee.
15th Division of Infantry—General Engelhardt.
-Four regiments of 3,720 men each 14,880
15th' Brigade, heavy artillery-15 guns, 20 men
each
3d Brigade, light artillery—Colonel Reisich, 16
guns, 18 men each 2BB
sth Division, light cavalry—General Fischback,
composed of a brigade of Hussars under Gene-
ral Kensky, and a brigade of Hulans, General
Komar, four regiments, 960 men each
Two regiments of Cossacks-800 men each 1,600

Total forming the Avant Garde under
General Anrep

Belonging to the 4th Corps, under General Dannenberg.

10th Division of Infantry, General Semenoff—
four regiments of 3,720 men each 14,880
11th Division of Infantry, General Pawloff—four
regiments of 3,720 men each 14,880
12th Division of Infantry, General Liprandi—
four regiments of 3,720 men 14,880

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Grenada Bonds, Ex. Dec., 1849, Coupon 22
Grenada Bonds, Deferred
Mexican 3 per Cent.
Ditto for the Account 25 x d
Portuguese Bonds, 5 per Cent 45
Ditto 4 per Cent .... ...... ...............
Ditto Ex all over-due Coupons 394
Sardinian Bonds, 5 per Cent B9i x d
Spanish Bonds, 3 per Cent 46k
Spanish New Deferred, 3 per Cent 22. i
Dividends on the above payable in London.
Dutch Exchange, 2i per Cent. 12 Gull '64
HALF-PAST TWO.

44,640

4th Division Light Cavalry, General Nirod, composed of a
Brigade of Huesafs, under General Friedrich, and a
Brigade of Hulans :-
4 Regiments of 960 each 3,840
10th, 11th, and 12th Brigades Heavy Artillery,
Sigstel, 48 guns, of 20 men each 960
4th Brigade, Light Artillery, 16 guns, 18 men 284
4th Brigade Heavy ditto, 16 guns, 24 men 384
1 Battery Artillery ; Cossacks of Don, 8 guns,
18 men 144
6 Regiments of Cossacks, 800 men each 4,800
1 Battalion of Chasseurs 930
1 Ditto of Sappers and Pontooners....... ....... 1,000

Consols
Ditto January Account 94i 5 x d

Total of 4th Corps d'Armee 56,986
Ditto sth Corps, Advanced Guard 20,928

ODESSA.—The Odessa dates are to the 25th of No-
vember, at which period there bad been an active re-
sumption of business in wheat, the sales of the week
having been about 65,000 quarters. On political mat-
ters nothing is stated, except that reports front Constan-
tinople of English war ships having been engaged in
carrying Turkish troops to Trebizond had produced dis-
trust, and caused some of the purchasers of grain to
withdraw their orders. The bulk of the quantity taken
was still for the Mediterranean.

Grand total effective 77,914
Each regiment of Infantry has 50 baggage wag-
gons, each waggon 3 horses, making 16h. regi-
ments, each 156 horses and 50men, 2,475 horses 825
Each regiment of Cavalry and Artillery has 25
baggage waggons of 3 horses, making 8 regi-
ments of Cavalry and 15 battalions of Artillery,
with 70 horses and 25 men, amounting to 1,725
horses 575
1,200 Officers' horses and baggage, employing 5OO

FATAL ACCIDENT IN QUEEN-STREET, CHEAPSIDE.—
Thomas Blackwell, aged 45, a labourer in the employ of
Messrs. M‘Murray and Co., wholesale stationers, was
raising a bundle of paper by a pulley to an upper storey,
on Monday last, when the rope slipped from his hand,
and the bundle falling upon his head killed him upon
the spot. An inquest was held yesterday, and a verdict
of accidental death returned.
TESTIMONIALS TO MR. G. H. WHALLEY.—The elec-
tors and non-electors of Peterborough have presented
handsome testimonials to their late member, Mr.
Whalley. That front the electors was a centre piece
and candelabrum, worth 200 guineas ; and that from
the non-electors was a salver worth 20 guineas. The
presentation was made at a dinner given on Tuesday last
at the Corn Exchange. ,

Forming total of men 79,814
" We had a hard frost here for the last four days, with
violent storms of wind. The fall of snow as yet has been
very trifling, but we begin already to feel a little the rigours
of a Wallachian winter. The English Consul-General is
still at Bucharest."

We have from Odessa the following information
relative to the transport of Russian troops to Asia.
Between the 29th of September and 7th of October
16,000 men, 827 horses, two batteries, rations for
10 days, and reserve rations for 20 days, were for-
warded. After the 14th of October, 8,000 men
were conveyed from Odessa to Sebastopol. Eleven
ships of war Were employed in the transport of the
troops. Prince Menschikoff superintended the
embarkation, and General Korjiloff the landing of
the men on the Caucasian coast. Souchum-Kaleh
was the spot originally chosen, but the disembar-
kation took place at. Auaklea, near Redout-Kaleh.
We have private advices that preparations for war
were never so energetic as at this moment.
The garrison of Odessa has been sent to Galatz.
It is not believed that the Emperor Nicholas will

THE 2D OF DECEMBER AND ITS RECOLLECTIONS.—The
2d of December is a real imperial day, if we only refer
to what has taken place on its different anniversaries ;
28 years ago, the Emperor Nicholas came to the throne ;
57 years ago, the Emperor Francis Joseph came to the
throne ; one year ago, the Emperor Louis Napoleon
came to the throne ; 48 years ago, the Emperor of
France fought the battle of Austerlitz against the Em-
perors of R1143/.0. and Austria.

go to the army this winter. M. de la Cour is said
to be the very reverse of his military successor.
The former talked in a war-like manner, and acted
peaceably ; the latter speaks mildly enough, but
his actions are war-like. He has inspected all the
fortifications, and ordered two of his officers of en-
gineers to make a plan of Constantinople and its
defences fbr the Emperor Napoleon. By the last
Athens papers we learn that the Government has
locked up certain individuals who were some what
too loud in their invectives against the Ottomans.
" King Otho and his Government remain neuter
because they fear that France and England would
occupy their territory if they noted differently."
The Siebenburg Bote, which now mentions the
conflict between the Servians and Turks—it was
telegraphed a week ago—gives the number of
kille at 50, and not 500. The Servian Hospodar
not only continues his preparations for war, but he
is dismissing those employis who do net enjoy his
full confidence. The Russian commander has
given each of the Wallachian artillerymen 10, and
the non-commissioned officers 20, piastres each.
Some 20 peasants, who managed to find their way
through the Rnssian outposts to Turna, have been
taken to Bucharest to be punished (probably shot),
for assisting the Turks to form entrenchments,
near the confluence of the Aluta arid .Danube.
The Shumla correspondent of the Vienna
Medical Journal thus recants his former assertions
concerning the Turkish army being in a hopeless
state of destitution :

" Hardly had I despatched my last letter when the
state of things became more favourable, and I would
willingly have recalled my missive. The weather
changed suddenly, and the cold, our preserving angel, set
in. The low spurs of the Balkan are covered with snow,
and for the last six days the quicksilver in the thermom-
eter has been at 30 Fahr. The frozen ground now per-
mits our little carts, drawn by oxen, and our indifferently
shod lean pack-horses, to traverse the sadly neglected
roads. Enormous quantities of provisions are announced
from Varna, Shumla, and Matshin, and a small part of
them have already reached the quarters on the Drista
and Tabender. In Rassova all the barques are laden,
and there is little doubt that all our necessities will soon
be supplied. Considerable consignments have also ar-
rived from Servia and from Lesser Wallachia. The
best food has hitherto arrived from Varna, and consists
of capital biscuit. Our stock, which is nearly exhausted,
will be replenished from Varna, where a vast quantity
is said to be lying. An agreeable foretaste of what we
have to expect was given by the vanguard of some
troops which passed Rasgrad, our head-quarters, on their
way to Widdin. The number of Europeans, which is al-
ready great in our army, increases, and a great re-inforce-
ment is expected when the next transport arrives. We have
a Babylonian confusion of tongues—English, French,
Italian, Hungarian, and Polish, are mixed up with the
Slavonic and Semitic dialects. This state of health has
improved ' • cholera is declining, and the number of
wounded does not increase much. On the whole we
may have lost 40,000 men, of whom 1,300 were
wounded or killed on the scenes of action. Red French
wine, different kinds of meats, preserved in the English
fashion, first-rate potatoes, and good liqueurs,' are the
delicacies which the newly arrived English, French, and
Italian volunteers have brought with them from Verna
and Shumla, But the best of all is, that warm clothing
begins to arrive, and shoes, of which we were in great
want. We are in hopes that in a short time the troops
will be pushed forward into Wallachia (Lesser). Our
vanguard is still at Kalafat and Turna."
It appears, says a correspondent of a morning
contemporary, from Constantinople, writing on
the 21st ult., that war still continues, and the
triumph of the Turkish arms, both in Europe and
Asia, continue also. Still pacific negotiations are
spoken of, and General Baraguay d'Hilliers talks
openly of the earnest desire for peace on the part of
France, but he adds, it must be peace now upon a
basis acceptable to Turkey. Turkey has not less
than 400,000 men under arms. Decidedly Turkey
is not the decaying corpse men held her for. It
will yet be seen that she can put forward as much
vitality for peaceful institutions and commercial
ameliorations, as for the support of all the evils
and expenses of an unjust war—a war which she
could not refuse without the crime of denational-
ising herself. She has given evidence of her re-
sources, her patriotism, and her wealth.
The Siecle has the following on the answer made
by the Sultan to the French ambassador at Con-
stantinople :
"The words of the Sultan are marked by a clearness
which is not usual in diplomacy, and if they were pro-
nounced, as given by the Austrian journal, we can only
express our regret at not having seen them published in
the Moniteur, after the address of the new ambassador
of France. It is, besides, to be presumed, from the
general aspect of the news received, and from the letters.
which have arrived, that the aspect of the audience given
to General Baraguay d'Hilliers was still more warlike
than the language given in the official journal would lead
one to suppose. We are, in fact, informed from
Constantinople that, after an inspection of the (fleet,
Admiral Hamelin published an order of the day,
in which he says, Let every one be prepared to
act at the first signal.' The suecess of the Ottoman
armies have much disconcerted in Europe those
persons who went about saying that the Russians would
only make a mouthful of the Turks. But these first
advantages, which are real, have produced an inde-
scribable effect on the Turks, and even on the ragas.
It was so long, m consequence of their defective military
organisation, since the Turks had tasted of the cup of
victory, that they may be pardoned for being somewhat
intoxicated with it. It is certainly a noble spectacle to
behold this people, who is determined to again revive to
glory, achieving the right to immolate, without its
being accused of weakness, its ancient prejudices to the
triumphal march of progress. It rushes headlong round
the printing-offices ; it pays without counting for the
bulletins of its general, and carries them away in triumph.
We are already tired of the recitals given of the various
affairs on the Danube, but the people of Constantinople
and of the provinces read them over and over again as
if they were the greatest novelty."

FRANCE.
M. Lucien Pulido, Minister Plenipotentiary of
the Republic of Venezuela at Paris, and M. Boyer,
French Vice Consul at Venezuela, arrived on Tues-
day at Havre by the steamer from Southampton.
The Bordeaux journals announce the arrival
in that city of Mr. Oliveira, M.P., for the pur-
pose of collecting further information on the ques-
tion of a reduction of the duties in England on
French wines and brandies. It appears from the
Memorial Bordelais that this visit has caused some
sensation, as it is believed that a reduction of the
duties would cause a greatly increased demand in
England, and perhaps produce, by way of recipro-
city, a reduction of the duties in France on certain
articles of English manufacture.
The Bishop of Orleans has transmitted to the
clergy of his diocese the letter of the Archbishop of
Freiburg, accompanying it with a pastoral letter,
enjoining on them to offer .up prayers, and to make
a collection in their respective districts on behalf
of the victims of persecution.
The inauguration of the statue of Marshal Ney
took place yesterday. The statueostands on the
spot where the Marshal was executed, on the 7th
of December, 1815.
The Emperor has, by an Imperial decree dated
the 16th of Nov. last, awarded a medal of honour
of the first class to Captain Rennie, of the East
India Company's ship Zenobia, Who saved the
French brig Sylphe, of Bordeaux, from great
danger, and towed her into the port of Akyab.
The syndics of the bakers are now paying them
the indemnity due to them for the bread sold
during the last 15 days of October at the rate
commanded by the Government. The amount
payable is 619,000 f. on a consumption of 7,737,500
kilogrammes of bread.
The Government, yielding to the scruples of the
clergy, have resolved to supply from another source
than the confiscated property of the Orleans
family the funds appropriated for pensions, &c., to
that body.
With respect to the important question of the
gold coinage in France the Constitutionnel has the
following excellent remarks
" What is proposed to be done ? Either to withdraw
gold from circulation, or to suspend the coinage of it.
To demonetise it would be to renounce a medium of
exchange which now renders great service, and is more
particularly suited to nations the most advanced in com-
merce, in manufactures, and in civilization. Besides,
what could be done with the mass of gold which it would
be necessary to withdraw from circulation? How can the
idea be conceived of selling it without instantly causing
a considerable decline which would fall entirely on us ?
Has the depreciation been forgotten which took place
when Holland, having withdrawn its Williams from circu-
lation, threw on the markets a quantity of gold, which,
however, only amounted to 50 millions ? From what
then took place an idea may be formed of what the ope-
ration which is now recommended would cost us. The
suspension of the coinage of gold, although more plau-
sible at the first glance, presents dangers similar to those
which would attend its withdrawal from circulation. It
would have the effect of checking our transactions with ,
England who can only carry on important affairs with 1
us through the medium of gold. On the other hand, i
let the industrial and financial situation of the country
be examined, and let us ask ourselves whether we should
not commit a great fault in rejecting gold under exist- i
ing circumstances. It is not to this importation of gold ,
that we are indebted for being able to carry on the 1
immense movement in business which has taken place I
in France during the last two years ? Is it not to it i - - let et
that we owe our being able to pass through the present ; THE DANGERS or THE PAVEDIENT.—The ,niseghao ber
food crisis without too much embarrassment, and to j cleansing the public footpaths in the xnetropnUl„ra, th 9
provide for the great export of coined money necessitated come such a growing evil that at the present
to peede!:
by tho purchase of corn abroad, without seriously are not only disgraceful, but highly, d
....a,n °
gearulations b .r.
weakening our metallic circulation ? Would it be pru- trians. A clause of the new police rebn
_allied out,
dent to reject the precious metal at the very moment directly on the subject, but it has not bee1,04'...._,, 8v3,178
when it is the most necessary to us, in order to pay for , Paragraph 6 of the 60th clause is as follown :within the
the wheat of which we stand in need ? There is nothing I occupier of a house or tenement in any. tou_bag not
stall
which renders such radical measures pressing. If the said (Metropolitan Police) district,
_owobwa'ys and Iv :
question were to become more aggravated there would sufficiently swept and cleansed all f t
iea bY hi'm erl
be grounds for examining whether wo ought not rather . courses adjoining the premises occup os• for ev
to allow a transformation which would put our monetary be liable to a, penalty of not more than
regime on the same footing as that of the English to take such offence.'
1