The Sun.
London, England, 1865-07-10 00:00:00

FRANCE,

BOURSE, July B.—The market has again been
flat to-day, and the little business done has been
transacted on nearly the same conditions as yester-
day. Threes, for the Account, are quoted at 650 f.
95c., and Mobilier shares at 650 f. Italian Five per
Cents. have been done at slightly better terms—
the present rate being 64f. 65c. In Mexican Stock
there is no business doing. The tone of the market
has considerably improved, and nearly all the chief
Securities have been done at better rates. The fol-
iations

lowing were the last quot.
4i per Cents 96 20
Do. end month —
3 per Cents. 67 20
Do. end month 67 15
Credit Mobilier 660
Do. end month
Bank Shares 3570
Credit Fonder 1240
Italian Loan 64 65
Do. end month 64 75

Ditto Threes 64 65
New Mexican
Do. Bonds 3lO
Russian —
Austrian
Spanish Threes
Home Debt -
Deferred
Roman 73

RAILY

PAYS.

Cash. Acut.
Orleans % I 822 50 ... 822 50
Northern lO3O ... 1030
Lyons and Mediterranean 842 50 ... 840
Southern 552 50 ... 553 75
Western 528 75 ... 527 50
Eastern
Sardinian . 252 50 ... 252 50
Austrian
Lombard 476 25 ... 477 50
North of Spain l4B 75 ... 150
Saragossa 299 75 ... 298 75
Ditto to Barcelona — -- ~.

Lord Stanley on Home and Foreign

Politics.

KING'S LYNN, Saturday.
Lord Stanley addressed a very large meeting of
his constituents at the Town-hall this afternoon.
After a few introductory observations, he proceeded
to remark upon matters of foreign policy. The
Parliament and country were now, he said, in
favour of non-intervention, and no Minister here-
after would dare to resist it. The question, there-
fore, which arose was, whether there was any
security that nobody would pick a quarrel with
us. Looking at our old rival—France—we find a
ruler more friendly disposed towards this country
than any ruler that had ever sat upon that throne,
not excepting Louis Philippe, and the people have
experienced a great change and have lost much of
their love of glory and aggrandisement, and are now
turning their attention to matters of trade and com-
merce. (Cheers.) Extending the survey over the
rest of Europe, the only Power that any fear has
been felt of to disturb the peace was Russia, but its
finances are so deeply embarrassed, and the political
disorganisation of that empire is the cause of so
much internal disturbance, that there is no fear of
any such aggression as that which occurred some
years ago. The despotic sovereigns of Europe had
quite enough to do to hold their crowns in one hand
and to hold on to their thrones with the other.
(Cheers.) His lordship had always thought there
was a fight which must sooner or later come off in
Europe, between Austria and Italy for Venice, and
had only been delayed because both Governments
had been increasing their armaments to a great ex-
tent, in the hope that each would ruin the other
first. There was that and the consolidation of Ger-
many, and for neither of these ought we to have the
slightest wish to interfere. If from any quarter it
was the other side of the Atlantic. America expected
at the hands of this country warm sympathy and
moral support. This they did not receive, and with-
out doubt this caused a feeling of irritation. The
two nations were rivals in trade and maritime power,
and where there was a great deal of rivalry, there
would always be a little jealousy. He had, he said,
too much faith in the good sense of both England
and America to anticipate war. They had had a
good fight and were beginning to understand the
meaning of a national debt, besides which they-bad
got four millions of negroes turned loose on their
hands to manage, and these were likely to give
theca enough trouble. (Cheers.) If it were
not so France would be much more likely
to be the object of their attack, for by breaking the
Monroe rule by the establishment of a French de-
pendency in Mexico, the French had offered a
direct challenge to America, and if they did not seem
disposed to quarrel when there was some cause, he
did not think there was any fear so far as they were
concerned ; and it became a question now if there
could not be very safely a reduction of three or four
millions in the cost of defending the country. With
respect to financial taxation his lordship said, as to
what taxes should be put first for reduction, he had
always held that the worst tax they had was that
which until recently was 3s. in the pound on fire
insurances, but which had now been reduced to Is. 6d
He thought that reduction ought to go further—to
ls. or 6d. in the pound. (Cheers.) There was an-
other tax, that on locomotion, which yields £700,000
yearly, which was very objectionable, for anything
which tended to increase the charge of transport was
an impediment to trade and commerce. (Cheers.)
There was also the duty on timber, which was so far
objectionable as being the only remaining duty on
raw material. He thought there was also a number
of other little things which, when there was another
revision of the Customs, should be taken off. They
must retain the staple articles of tea, coffee, sugar,
tobacco, wine, and spirits. None of these were very
excessive, except tobacco, whichthere were other rea-
sons for thinking did not require reduction. His
views on the income tax would perhaps not be popu-
lar; he saw all its faults, but he did not see the wisdom
of doing away with it. (A voice, " Lay it on pro-
perty.") That is a very large question, and one which
when a man tries to understand he only finds the more
that he doesnot understand. (Laughter.) He thought
11 per cent. on income would not be so very objec-
tionable. As to the malt tax he must decline to give
any pledge. He did not think its total repeal practic-
able unless they swept off the whole of the indirect
taxes, which realise a revenue of £30,000,000 a year.
Its reduction was quite another thing. There was
a class of persons who would repeal all the taxes,
and put them all on realised property, which would
be very unjust. His lordship then proceeded to
state his views on questions respecting the franchise.
He could not support Mr. Baines's £6 franchise, as
that would be as arbitrary and unsatisfactory as the
present. He had always been a warm supporter of
the savings-bank franchise, and would give a vote
to every man who had £5O in the savings banks for
a certain time, or who had made provision for his
family to the same extent in the Government An-
nuities. He would also adopt the lodger franchise,
and these two classes would admit at least a quarter
of a million of voters. Any other proposition of a
like character he should be happy to consider. He
was strongly in favour of a redistribution of seats.
In some of the small boroughs there were not more
than 200 or 300 electors, and consequently indivi-
dual votes were of greatimportance, and temptation
was thrown in the way of both candidate and elec-
tor. He was still averse to the ballot, believing the
present public mode of voting to be the One
very important measure in connexion with the Poor-
law had been passed during the last session, and
which was part of the original Poor-law scheme of
1834, and which was only abandoned then because
of the local opposition. The noble lord having ex-
pressed himself as opposed to Parliamentary oaths,
concluded his address by some remarks of a local
character.

CRICKET IN PARIS.—The match between the
Paris Cricket Club and 11 officers of the 60th Rifles, 2d
battalion, terminated yesterday in the victory of the former,
with eight wickets to spare. The attendance, as on pre-
ceding day, was numerous and brilliant.