The Sun.
London, England, 1854-03-07 00:00:00

TM& SVW, LONDON, TVPSDAY MARCK 7, 18b4.

second bill that they related to two most important points
which were overlooked in the first bill.

The CHANCELLOR of the EXCHEQUER said the clauses
in the second bill referred to by the hon, gentleman wore
introduced without his consent, and against the opinion of
the law officers of the Crown, who thought they were un-
necessary.

Sir F. KELLY then rose, and strongly impressed upon the
Chancellor of the Exchequer the necessity of his stating whe-
ther, in the transactions for the conversion of stock, under
the bills of last year, there had been a gain or a loss to the
country, and if a loss, to what extent. He (Sir• F. Kelly)
was of opinion that there had been a loss to the public of
700,000/. or 800,0001., which would not have occurred if the
Chancellor of the Exchequer had listened to the warnings
given last year, he would not say by himself, put other gen-
tlemen, and especially the hon. member for Huntingdon,
when the funds were falling, and had stayed his hands in the
operations he was then carrying on. In the creation of the
New Stock in substitution of the South Sea Stock, which was
about to be discharged, the right hon. gentleman had an op-
portunity of saving 100,0001. a-year on the interest of the
public debt. Had he done so ? The right hon. gentleman
had saved to the country some 15,0001. a-year. Bat it had
been at the expense of from 18 to 25 per cent. lost by every
holder of stock who had exchanged into the new stock. He
pledged himself to bring the whole question under the consi-
deration of the house, and to show that by that transaction
the Government was a loser of nearly 800,0001.
Mr. lIILDYARD !expressed a hope that the Government
would not fall into the errors which Government fell into
during the last year. He did not think that France would
accept a subsidy, but we might have other allies that would,
and they all knew that the state of the Austrian finances
was such that she would be very likely to ask for a subsidy.
He hoped Government would state that under no circumstances
would they subsidise any nation.
Mr. DRUMMOND said he trusted that, among all the
ways and means by which they might carry on the war,
the house would set itself firmly against that. of which
they had had some dark and ambiguous hints. He meant
those allusions to tampering with the currency. When
they heard gentlemen connected with the banking interest
talk of the money market being tight, and of an extension
of the paper currency, that meant nothing more nor less
than a paper shilling. Although the Chancellor of the
Exchequer had said that Russia had had recourse to such a
measure, it was a precedent which he trusted would not bo
followed. He very often heard them talk in that house about
journeymen who wanted to share profits with capitalists, not
understanding political economy ; but he thought a lecturer
on political economy would not be altogether useless to that
house, for they heard hon. gentlemen talk of money in circu-
lation as if it were national wealth; whereas the taxes which
had been voted from them were a transfer of a certain amount
of beef and mutton from their pockets to the pocket of the
Chancellor of the Exchequer, and the money was nothing
more than the agent by which the transfer took place.
The motion was then agreed to, and the house resumed.
SUPPLY.--REPORT.

The report of the committee of supply was brought up and
agreed to.
CHURCH BUILDING CONTINUANCE BILL.

On the order of the day for the seeoud reading of this bill,

. -
Mr. HADFIELD said the Church Building Commission was
appointed in 1818, and a million and half was voted to build
churches. The commission had existed for thirty-six years,
and it was now proposed to continue them ten years longer.
He did not see what good purpose would be served by that,
and he therefore moved that it bo read a second time that day
six mouths.
The house divided—

For the amendment
Against it
Mr. HADFIELD gave notice that in committee he should
move that the duration of the bill bo limited to one year.
The bill was then read a second time.

VALUATION (IRELAND) BILL.
The house went into committee on this bill.
After a few words, the various clauses were agreed to, and
the house resumed.

The Consolidated Fund (8,000,0000 Bill went th rough
committee.
The house adjourned at a quarter to one.

- -
PARLIAMENTARY DIVISION.

HOUSE OF COMMONS-MARCH 6.
KENSINGTON IMPROVEMENT BILL

Order for second reading read; motion made, and ques•
tion proposed, " That the bill be now read a second
time :"—Amendment proposed, to leave out the word
" now" and at the end of the question to add the. words
" upon this day six mouths :"—Question put, " That the
word stand part of the question :"—The house di-
vided ; Ayes 53, noes 158.

AYES-53.
Baring, Sir F. Hall, Sir B. Rielciiidsou, J.
Benbow, J. Hankey, T. Scholerield, W.
Bowyer, G. Ileadlain, T. Scobell, Capt. G.
itrotherton, J.' lieneage, Geo. F. Seymour, Lord
Brown, W. Heyworth, L. Shelley, Sir J.
Buckeley, Gen. Ingham, B. Smith, J. B.
Cobden, R. Kershaw, J. Smith, R.
Crossley, r. Kinnaird, A. Stuart, Lord H.
Duffy-, C. G. Labouchere,ltt.llon.ll Swift, It.
Duncan, G. Lucas, F. Thicknesse, R.
buncombe, T. Mackie, J. . Wahnsley, Slr J.
Evans, Sir D. Lacy Macguire, J. Wickham, H. W.
Fellden, M. 3fiall, E. Willcox, B.
Fergus, J. Moore, G. Williams, W.
Ferguson, J. 31untz, G. Wise, A.
Fox,
W. Norreys, Lord
.. .:

.
Freweu. C. Pellatt, A. TELLERS.
Fuller A. Pilkiugton, J. Grosvenor, Ld. R.
Gregson, S. Potter, It. Seymour, W.
NOES-158.
Alcock, T. Forbes, W. Manners, Lord' G.: •
Anderson, Sir J. Forester, Col G. Majoribatiks, D.
Annesley, Earl of Forster, C. . Massey, W.
Arkwright, G. Fortescue, C. Meux, Sir IL
Bagshaw, J. Freach, F. Milligan, It.
Baillie, 11. Freshtleld, J. Mills, T.
Ball, J. Giyu, U. Milner, W.
Bankes, Itt llon G. Goderich, Viscount. Michell, W.
Baring, 11. Gere, W. - Morris, D.
Barnes, T. Gower, F. Mowbray,-J.
Bateson, Capt T. Green, Capt John Mulgrave, Earl of
Bell, J. Grenfell, Chas. Napier, J.
Bellew, T. Grogan, Edward O'Brien, P.
Berkeley, Hon. C. Hadfield, G. O'Connell, D.
Blackett, J. F. B. 'Lail, Col. J. Otway, A.
Blair, Col. J. 11. Halsey, T. P. Paget, Lord A.
Bonham-Carter, J. Hamilton, Lori C. Patten, J.
Boyle, Lt.-Col. Harcourt, Col. F. Peel, I.
Brockman, E.D. • Bristle, Alex. Polo, S.
Bruce, H. A. Heard, J. I'hillimore, J. G.
Buck, L. W. Ileathcote, Sir W. Powlett, Lord W,
Byng, G. . Henley, J. . Repton, G.
Campbell, Sir A. Herbert, 11. Roche, E.
Castlerosse, Viscount Herbert, Sir T. Russell, F. C..
Cecil, Lord IL 'Lindley, C. Sadleir, James
Cheetham, John Hogg, Sir J. W. Sadleir, John
Child, Smith llotham, Lord Sandars, G.
C hohnon deley Lord Hughes, W. Sawle, C.
Clinton, Lord C. P. P. Hume, W. Scott, F. '
Corry, 11. T. L. Hutt, W. Seymer, 11.
Cowan, C. Johnstone, Sir J. Smith, M.
Craufurd, E. 11. J. Jolliffe, Sir W. Smith. W.
Currie, Raikes Keating, R. Smyth, J. G.
Dalrymple, Viscount Kendall, N. Stafford, A.
Davison, It. Kirk, W. Stanley, W.
Bering, Sir E. C. Knatchbull, W. Starkie Le G.
Divert, E. Knox, Col. B. W. Strickland, Sir G.
Drummond, IL Knox, W. S. Strutt, E.
Duckworth, Sir J. T. Langton, H. G. Thompson, G.
Dull; G. Laslett, W. ___. , Thornhill, W.
Duff, J. Lennox, Lord A. Trail', G.
Dundas, F. Liddell, H. G. Tyler, Sir G.
Dunlop, A. Locke, J. Waddington, D.
Dunne, Col. Lockhart, A. E. Waddington, 11.
Da Pre, C. Lockhart, W. Walter, J.
Egerton E. Lovaine, Lord Whitbread, S.
Ellice, E. Lowe, It. Wilkinson, W.
Elliot, J. Lowther, Capt. 11. Willoughby, Sir 11.
Enilyn, Vis. Luce, T. Wilson, J.
Evelyn, W. Macartney, G. Wynne, W.
Fagan, W. Macgregor, Jas.
Fellowes, E. Macgregor, John TELLERS.
Fihner, Sir E. Mandeville, Vis. . Bouverie, Hon. E. P. '
FitzUerald, J. Mangles, R. D. Ricardo, J.

SHARE MARKETS.

(THIS DAY.)

BRITISH RAILWAYS.

RA ILWATS.

Aberdeen .
Auabg, Nottug. Bosl

Closing Prices
this day.

27}
22
25

20i -- 20
41 -5;

andEasta. Sunet...
Belfast & Ballymena.
Binning: Wolverh.

• • • -- •

Stour Valley
Birkeuhd. Lanesh. &
Cheshire Junet
Do. Chesh. & Birk.,
£5O and £25 Cons.
Do., £20.........--
Blyth Tyne originall
£25 (issd. at £45)
Bristol and Exeter—.
Caledonian
Chester & Holyhead.
Cork and Bandon...
Cork, Black, & Pass
Cornwall
Crieff Junction
Dublin&BelfastJuuc
Dundee Perth &Aber-
dem Junction
Do. New
East Anglian
Do., (£lB E & II),
Eastern Counties
Eastern Union, A

8i 9
12 —lod

16 - 18
6i - 5141'

93 - 95
54 - 55;
15 - 16
12} 13

•,• '''''' •

44 - 46

7i - 8.

25
25
18
20

4g - 4g
1.2 g

Stock
Do., B. Stock
Do., New A...,
East Lancashire
Edinburgh& Glasgow
Edinb. and Peebles
Edin. Prth. &Dundee
Forth & Clyde June.
Glasgow& S. Western

36 -- 40
24 - 26

63 - 65
'6l - 63

:i 26

Great Northern Stk.
Do., A. Stock
Do., B. Stock
Gt. Sth. &West.(lre.)
Great Western
Irish South-Eastern
Lancaster & Carlisle
Do., Thirds

90 91
78 80
124 - 126
94 - 96
79i - 79

92 -- 95
12i -- 13ip
12 -- 13 p
67 -67 i
6i --

Do. New Thirds

Lancash.anifforksh
Do Fifths

'Do., Wet. Riding Uu
Leeds Northern
Liv. Crsby.&Southpt
London & Blackwall
Lond. Tilb. & Sthend.
Gond. Bright & S.Cst.
Lond, and N. Westn.
Do. Fifths
Do.lo/. Sh.,M&B 0
Do. Eighths

5o
40
25
25

100-
42
all
all
100

London and S. Westn.
Do., £5O.
Do., £4O
Lndndrry& Coleraine
Lndndrry. & Ennisk.
INfamch.Slief.& Linen)
Do., Man. & Lin. Un
Midland
Do. Birmng. & Derby
Hidld. G. West
Do. Half -Shares._
Newcastle & Carlisle
Newmarket

8I 2s
St.

Do., Bury Extension.
Nwpt.Aberg.&Hrfd
Newry & Enniskillen
Newry Warrenpoint
and Rostrevor
Norfolk
Northn.Counties Un
North British

St.
50
St.
16

'lOO
100
16
11
all

North Devon, No. 1
Do., No. 2

, 8
50
10
10

Do., A A Deferred
Do., ; B Guaranteed
-Nortli: London
IDo. New £lO

N.&S.Wstru.,Hamp.
stead, and City Ju
North Staffordshire
North Western
N. & S. Westrn. June
Nuneaton, Hinckley,
and Leicester

20
20
10
10

I xford, Worcester, &
Wolverhampton
Portsmouth
Scottish Central
Scottish Midland
Shrewsbury & Biz mg
Do. L. & N. Western
Guaranteed Stook._
Shrewsby. & Plerefd.
Shrewsby. & Chester
(N. W. Min ,
Do. Halveso. 6
Do. Oswcstry
Shropshire Union
C,&D,fully
paid up at per cent
South Devon
South Eastern
South Wales
S. Yrksh. & Riv. Dune
Do

26i
13A
20
20

2/ 2s
100
100
100
100

Staines, Wok. & Wok
Stockton & Darling.
Stockton & Hartlepl.
Taff Vale . .
Do. £lO shares

17
all
all
14

Do. Pref., No.
1-rhames Haven Dock

. - ...
13 - 131

8i 8i
par p
96 —97

102 -102 k
par kp
- }
- ed
78 80
11 —lO 1
10 9d

21i -22 t,

61 - 61
34 - 36

d par
51 4id
21 21

6 -
47 - 49
3$ 30
32. 33i
8 10

-
64 -
52 - JJ
g - fiP

611 -
71 - 72

31 - 33

and Railway
Vale of Neath

Watered. Sr., Kilkenny'
Waterford&Limeriek
\Vest Cornwall
West End of Loudon;

and Crystal Palace,
West London

8S 90
54 - 56
58 - GO

all
51s.
100
20
13
,100

55 60
3 2 d

16 - 18
8 - 9
12 - 13
34 -

Business dams
this day.

14 16
62 63
35 36
2 d pat
4 5

93
55 4:1 51
151

174
12 4 ad

90 # 894 ►►
78i 80 /9 „
125 i ~
94
79i g 9 „

29 - 31

2 - 2i
151 15i
5.1 -5/
24 - 26
4 - 6

... - ...
G - 7

la I
79 A

G 1 GO 1i
35

33 i

Wimbledn & Croydon
York Newetl. &Dem.
Do. Extensions
Do. G.N.E. Purchase
York & N. Midland

68 69
441 4 d
48 -- 49

6 xd

154 i 1 ~

69 8i i ~

la
48i i