The Sun.
London, England, 1853-08-09 00:00:00

THE SUN, LONDON, TUESDAY EVENING, AUGUST 9, 1853.

The Hon. Gentleman the Member for Cam
bridgeshire last night moved, on the House going
into Committee of Ways and Means, the resolu-
tion in • reference to the Malt Tax, which he had
nearly succeeded in carrying on a previous occa-
sion. The extraordinary circumstances which
then prevented the Hon. Gentleman from stating
the arguments in favour of the proposition must
be fresh in the public recollection. Owing to the
discreditable manoeuvring of the Government, the
House was counted out on many successive Tues-
days—the days devoted to independent members.
It was intended to get rid of the present
motion in a similar manner. Mr. BALL was,
however, not to be got rid of quite so
easily. He had secured the attendance of the
requisite number of Philo-A grieulturists, and
when at the commencement of business the
Ministerial side of the House exhibited a beggarly
account of empty benches—there being only pre-
sent, of that party, Sir JOHN SHELLEY, the
seconder of the motion, and the Hon, Gentleman
who had undertaken the duty of whipper-out—
the stratagem having thus thoroughly and com-
pletely failed—the Honourable Gentleman (Mr.
BALL) determined that the shaft should be hurled
back upon his opponents with double force. In
order to achieve this great desideratum, with a
disinterestedness worthy of an ancient Roman, he
suppressed for the time his flowing eloquence, and
contented himself with merely moving the
resolution amid the vociferous cheering of the
attendant loueolies,
the self-immolation—.the who thoroughly appreciated
n—the total sacrifice of his own
feelings exhibited in the
act—which entitled him
to rank with the Jzpirr_u_
A
sor AGAMENNONS of the
olden time. The seconder
was almost equally
conciseasinsihnigs ombnsenirevnattioinns.
seif
He merely indulged
for a p
retributive justice which awaited at the
Coalitionists.
At the moment, however, when victory was.appa-
rently within their grasp—when the
u from
eoSrRAKER was
about to put the momentous question
the
chair—a vision burst upon their astonished
sight
in the bodily shape of the Right Hon. WILLIAM
EIVA.RT GLADSTONE, who, with erect hair and
affrighted aspect, rushed into the House at rail-
way speed. The doughty champion, albeit
single-handed, rushed to the breach, determined
to roll back the surge of war.
The modern
MANLIts saved the fiscal Capitol. Wo shall not
say that it was preserved by the cackling of a
venerable bird, but the brief expression of exulta-
the rescue. The Right Hon.
tion gave time for
Gentleman talked vigorously against time. Un-
dismayed by the groans and murmurs, and the
incessant demands for a division, with which the
chosen representatives of the people are accustomed
to express their disapprobation of an unwelcome effu-
sion, he persisted until the arrival of adequate
reinforcements told him that a trial of strength
might be hazarded. His trusty follower had ac-
curately
measured the opposing forces, and, on a
division, it was found that, by a majority of four,
the Malt Tax was saved for the present session !
This temporary and most unexpected reverse
did not, however, discourage the energetic BALL.
He would have ample satisfaction for the disas-
trous defeat ; he wouldhonourably avenge the
loss he had sustained ; he
he wouNlvdmiluldakefotriciee
Chancellor
eauHceolillos
to hear his speech ;
of the Exchequer repeat the financial plati-
tudes by which he had foiled his
numerous
e audi-
ence formeruwdai
_s
onslaught before a more
once ! In this unflinching resolution h
partly successful. He seized the happy
1(3-
the
Chair, of the SPEA KEE, being about to leave tle
Chair, to detail the grievance and to give to his
zarqirim.-; auditors an outline of the unspoken
address whicli hf,.-1. intended delivering on the
previous occasion. But the AwxOrable GLAL

A remarkable pamphlet* has recently been
issued from the press, which must in due course
of time act as destructively as a literary bomb-
shell to the Canterbury Association. It requires
only a comparatively brief interval to elapse—
time enough, as one may , say, for the fusee to
burn down to the socket—before we behold the
explosion inevitable from a projectile formed out
of materials so peculiarly detonative and combus-
tible. We have seldom witnessed an exposure
more complete—more clearly established—more
unanswerably demonstrated. Already it may be
declared that to all intents and purposes the
bubble has burst—this bubble of the Canterbury
Settlement. Fortunately, the credulity of those
who listened to the syren-songs of its projec-
tors, though lamentable enough, as far as
it was extended, was not by any means
so wide-spread as might at one time have
been dreaded. Nevertheless, that cannot in
any respect render the ill consequences of the
enterprise less arduous to those luckless persons
who were unhappily induced to embark in the
scheme from the brilliant nature of the prospects
held out to them by way of inducement. Ruin,
it is true, has not been scattered indiscriminately
among all classes of society, as was the case with
the South Sea Adventure—but deception quite as
disgraceful has been practised. Happily, too, we
have not witnessed in the present instance any
terrible mortality from famine and pestilence as
was the result of the ill-fated Darien Expedition.
Neither have we seen with that, as with the noto-
rious Mississippi Scheme, the engendering among
all ranks of the community of the most villanous
passions and the most deplorable embarrassments.
But, while the ill effects may have been more
restricted in number, and less injurious in opera-
tion, they have originated in a venture quite as
unjustifiable as the one and quite as bungled as
the other of those famous enterprises. It is from
our deliberate and dispassionate conviction that
such is the veritable blame to be attached to them,
that we are solicitous to point the finger of repre-
hension thus directly at the members of the Can-
terbury Association. Every one who has listened
to the alluring prospectus of that society, has up
to this time suffered lamentably from his mistaken
confidence. Icarie was not a more notorious illu-
sion than this Canterbury Settlement. As well
might the purchasers of land in that quarter, who
have emigrated thither in quest of health, riches,
felicity, and a variety of other boons needless to
be here enumerated, because already familiar to
the majority of the sufferers from a certain
cuckoo-iteration in all the documents issued
by the Canterbury Association, —as well say
we, might the hapless emigrants here men-
tioned have danced over a quagmire, in the hope
of catching and bottling up, in a Leyden jar, a
genuine will-o'-the-wisp--as have dreamt of the
possibility of ever attaining the exquisite joys,
and realising the beatific visions, of the oft-men-
tioned Canterbury Settlement. They might as
lief have anticipated a sojourn in the golden
realms of PRESTER JOHN, floating down the auri-
ferous flood of Cathay, or sauntering over celestial
paths, " strewn with rubies thick as gravel," in the
ideal regions of Cipango. Equally rational would
it have been, supposing they had gone in quest
of some of the gorgeous palaces and incalculable
treasures of El Dorado. Nay, their search could
scarcely have been more futile had it been directed
towards the imaginary charms of Utopia,
or the fanciful delights of Arcadia, or
the supposititious blessings accruing to the
voyagers wrecked on the hallowed shores of
Atalantis. For everywhere, in their most confi-
dently-cherished hopes of comfort and remunera-
tion, they have encountered nothing but chagrin,
annoyance, loss, and disappointment. The Eden
of the mendacious SCADDER was not more deplor-
able " a delusion, a mockery, and a snare " to
MARTIN CHUZZLEWIT, than to these emigrant pur-
chasers of land in New Zealand has been this
unhappy Canterbury Settlement.
Scarcely any intelligent man in the United
Kingdom remains to be informed now for the first
time that the scheme here mentioned originated
with a cluster of eminent noblemen, clergymen,
and gentlemen, who announced themselves publicly
as a corporate body, selling land in New Zealand
under the authority and with the title of the Can-
terbury Association. So far, we take it, the facts
of the case are sufficiently notorious. Equally
well known is it, we presume, that land
is sold by the society in that particular
portion of the southern archipelago at the rate of
3/. per acre, with a perfect understanding of cer-
tain stipulated advantages. Purchasers, in fact,
were solemnly assured from the outset of the pro-
ceedings, that in compensation for this exorbitant
charge of 3/. an acre, they were to have admirable
roadways, and religious benefits almost incalcul-
able. They were to have " free communication
between different parts of the settlement," and,
above all, they were to possess " a Church Esta-
blishment,
indeed, and collegiate arrangements for the
education of their children, equal to the wants of
a superior Church community." It was intimated,
t
th
in the charter of incorporation, that the
e
moneys obtained by the sale of these lands or
otherwise accruing Canterburyfor
theA s
benefitsoci a tio ioi
f,
were to be distributed followsas
the newly-organised
colony
church
: and educational
Two-sixths
u ca weret
ion toa
be dedicated exclusively to l
purposes; two-sixths to emigration purposes; one-
sixth to the New Zealand Company for the
remaining one-sixth to
land itself ; and the
miscellaneous purposes,
such as the construe-
tion of roads, and the arrangement of other
Canter-
bury desirable preparations. In plainer terms' the
" block of rich land" in possession of the
Association was to be sold for 3/, per acre
to respectable purchasers, on the proviso that the
said 3/. were to be thus distributed—
port facilities, per acre ........... .............. £0 10 0
g church
" Land provided with all necessary roads and
...... 1
Church,
Kassa a of
bishopric, :oolrlercesepondin
Emigration for every 100' acres, passag cahblishbMiseinl,p
ureiaser and three labourers ...........
Nevp Zl
ealand Company, for the land

0 0

1 0 0
0 10 0

-o3 0 0

Consequently every purchaser was led to believe
that in return for his money there would be
secured to him by the Association, besides other
,

"^" The Mutual Relations between the Canterbury
Association and the Purchasers of Land in the Canter-
bury Settlement, briefly considered, with a 5 Copious
Appendix of Authentic Documents." Svo., pp, 14,
London, 1853.

advantages, necessary roads, port facilities to his
heart's content, a college, a church, a bishopric,
and a corresponding church establishment. As-
surances of this alluring kind were given in all
imaginable forms by the promoters of the enter-
prise. Distinguished personages belonging to the
higher grades of society endorsed by their names ,
the promises of the Association. And those pro- •
mises were trumpetted abroad not only by
orators at public meetings, but also re-
peatedly through black-on-white in the co-
lumns of the Canterbury Papers, of the New
Zealand Gazette, and of other periodical pub-
lications. An energetic pioneer had been found
in Mr. JOHN ROBERT GODLEY, the originator of
the whole of this magnificent undertaking. Be-
sides which, the exertions of Mr. GODLEY, as
Chief Agent, were enforced by those of Mr.
THOMAS, as Chief Surveyor ; of Mr. WAKEFIELD,
as Commissioner on Land Sales ; of Mr. BLACH-
FORD, as Accountant ; and of Mr. ALSTON, as
Secretary. Nay, these glittering promises were
carried so far, that the Rev. Mr. JACKSON was
designated the Bishop-elect for the diocese of the
new Settlement. Consequent upon all which,
three hundred land purchasers were induced to
' embark in the enterprise—and those three hun-
dred land purchasers are now declared to
have been " shamefully defrauded," to quote
the simple phrase employed on the authority
of the Committee deputed to communicate with
Lord LYTTLETON, one of the most prominent and
distinguished of the promoters of the Canterbury
Association. As epitomising in the strongest and
the clearest language possible the charge entered
against the association by this Committee, on the
part of the unfortunate victims, the 300 land
; purchasers, the subjoined passage is entitled to
particular consideration. It sums up the preface
of the remarkable pamphlet mentioned at the
outset of our observations, and is expressed in
the terms following :

"It is not pretended that all the members of the Can-
terbury Association were cognisant of the nature of the
evil daily perpetrated under the sanction of their great
names, in the course of these proceedings, under which
they unfortunately imagined a great religious principle
was going on to a triumphant development. Nothing less
than an English Church community, perfect in all its
parts, could be tolerated by these high-minded and pious
gentlemen. Four thousand helpless Christian people
on an uncultivated waste, surrounded on all sides by
impassable rock and bar ; no church, no bishop, no
ecclesiastical or educational establishment of the meanest
kind ; no preparation beyond a barrack for the labour-
ing classes, and a wharf subject to dues; no roads,
nothing but the hard earth and shapeless rock as it
was from the earliest ages ; —such and such only was
the disastrous issue of the greatest religious delusion
that could disgrace the intelligent sanctity of modern
days."
Such are the startling assertions made on
behalf of the sufferers from this bubble
blown by certain religious philanthropists, and
now formally submitted to the judgment of
the community by the Committee recently in
communication with Lord LYTTLETON. Further
allusion to the subject were superfluous at the
present moment one might conjecture on a hasty
glance at the circumstances connected with its
very eccentric rise and development. Reflection,
however, assures us to the contrary so forcibly,
that we cannot but be tempted to examine the
matter analytically, and in minute detail, at the
earliest available opportunity. It is obviously on
" the very head and front of its offending" in
every way entitled to some such scrupulous and
searching examination, this " greatest religious
delusion," as it has been called, of our vaunted age
of shrewdness and sanctity, enlightenment and
civilisation.

MONEY MARKET

AND
CITY INTELLIGENCE.

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 10,000 bales, of which 3,600 Ame-
rican, 100 Bahia and 300 Surat were taken for
export. The market was steady, and prices of all
kinds well supported. The sales comprised 8,000
American, 100 Bahia at 614., 170 Perham and
Maranham at 6id. to Bd., 300 Egyptian at 6,d. to
Is. aid., 1,500 Surat at nd. to and 30 Sea
Island at Is. 10d. to 2s. 2d. per lb. Railway
Shares were firm at an advance of 1 to 11- per cent.
on all the leading stocks.
The following report upon the Fruit trade is by
Messrs. Witherby and Hanson :
" Since our report of the 23d ult. there has been a
large business done in Old Fruit, and of a more healthy
character, inasmuch as the purchases have been con-
fined almost exclusively to the trade, at 90s. to 955.
for middling and good qualities, establishing a quotable
advance of fully ss. per cwt. on such descriptions. Holders
generally of old and new are firmer, and less disposed
to realise than at the beginning of the Month, confi-
dently expecting a further improvement in prices as
the season advances. The stock in London is esti-

mated about the same as on 30th June."
" There is now no doubt whatever respecting the issue
of the new crop. Various reports have been circulated,
favourable and unfavourable. It has even been stated
that the extreme heat which was prevalent in the Morea
and the Islands, particularly in Zante, had entirely
destroyed the fruit. This is very doubtful, since, with
a temperature of 130 degrees in the sun, it was scarcely
practicable, not being safe, to ascertain from actual ob-
servation its effects in any locality."
Of the Port-wine Market, Messrs. Walter,
Howell, and Hale, give the particulars subjoined :

- ,
" The accounts from the Douro, regarding the effects
of the vine disease, are assuming every post a more seri-
ous and alarming character ; its progress, slow at first, is
now rapid, the destruction of the grapes, inconsiderable
and only partial in the beginning, is now important and
general wherever the disease attacks ; already 20,000 to
30,000 pipes, according to the best authorities and cal-
culations, have been destroyed, and the disease evidently
increases and spreads itself in the same proportion as
the fruit advances to maturity. The opinions upon the
effect that the disease is likely to produce on the vine,
are discordant and much at variance ; it will be difficult
indeed, if not impossible, to establish on this subject an
absolute and incontrovertible one, in the absence of
scientific investigations and the knowledge of its nature,
origin, causes, and incidences, as well as how far it is in-
fluenced and modified by the nature of the soil, clime,
quality of the vines, &c.
'The farmers and people in general, however, having
before their eyes the unfortunate and fatal effecis that it
has produced in Madeira, are struck with terror and
consternation, —public prayers have been offered all
over the country, with the fervour of a people that
dreads its destruction. From the above you can well

imagine the feverish and excited state of the market. No
only have wines consilerably advanced in price, but
very few are offered for sale, yet, at the present exor-
bitant rates, most of the holders have withdrawn their
wines from the market, expecting soon to obtain much
higher prices than the already very high current rates
demanded.
" The stock on the Ist August, 1853, consisted of
21,023 pipes, 5,025 hhds., 3,950 quarters."
The committee for promoting the formation of
Tribunals of Commerce are circulating a statement
of their claims upon the pecuniary support of the
mercantile community, and these are certainly very
strong. In this document it is mentioned that—
" While London is the source and centre of the com-
merce of the world, it is remarkable that no bond of
union or incorporation exists among its merchants ; and
that in this respect they are anticipated by insignificant
continental and many secondary provincial English
towns. They have to irvoke the political aid and social
influence of the Chambers of Commerce of Manchester,
Liverpool and Leeds, Glasgow, Edinburgh, and New-
castle, if necessity compels them to appeal to Govern-
ment or to Parliament ; and they have to take their
mercantile law and custom not from the decisions and
practice of their own body, but from the doubtful
dicta of professional lawyers, acquired by the experience
of great uncertainty, proverbial delay, and costs so great
as to render the expense of obtaining justice greater than
the advantage of the justice to be obtained.
"This committee has been engaged for upwards of
two years in labouring to discharge some of the functions
which a Chamber of Commerce should have undertaken;
and after having placed itself in co-operation with the
provincial mercantile bodies, in communication with the
periodical press, and in correspondence with the zealous
law reformers of both Houses of Parliament, and in the
profession itself, they have succeeded in so preparing
public opinion on the subject, that there is a general de-
sire for, and concurrence of conviction as to the import-
ance of, early legislation founded upon careful inquiry,
in the view of giving practical effect to the principle on
which tribunals of commerce are instituted."
As usual, after a material improvement, the
funds have became quieter, and some re-action has
occurred in prices. Late yesterday afternoon
consols were 98 for transfer, and 981 for Sep-
tember ; but this morning they are 971 to 98 for
money, and 97-i; to 98i for September. The ex-
planations in Parliament last evening are con-
sidered satisfactory, though they bear out the
view in the leading article of last evening's
Sun, that there is yet much to be done
before the question can be satisfactorily set-
tled, and it is sincerely hoped in the City that
there will not be a patching up of the dispute that
will leave room for future embroilment and aggres-
sion. The opportunity, it is considered, was never
better for curbing the pretensions of Russia, as at
another crisis, England and France might not be
found united with Austria and Prussia. The New
3i per Cents. have been at 101 to 104, and the 3
per Cents. 98g /. Bank Stock has been firm at
228. India Stock has realised 257/. Exchequer
Bills are at 2s. discount to Is. premium, and India
Bonds are 21s. premium.
The Foreign Market has been very quiet, and
scarcely up to yesterday's range. Peruvian Bonds
have been done at 83, and Chilian at 1041.
Mexican have improved to 26g. Russian Five per
Cents. have been at 1171, and the Four-and-a-Half
per Cents. at looi. Spanish Deferred Bonds are
worth 231. Dutch Four per Cents. are 981, to 1.
Railway Shares are active, and at advanced
prices. The lines most in favour are Great South-
ern and Western, which have been fluctuating,
Brighton, North-Western, and South-Western.
French Shares are scarcely so good, excepting
Grand Junction, and Sambre and Meuse.
Gold Mines are neglected, but without material
variation in prices.
Australian Bank Shares are in moderate request
at advanced prices.
Australian Agricultural are firmer, and most of
the other land companies, with the exception of
South Australian, which are 15s. -tower.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK
(From the o.ficial List.)
Business done
Bank Stock ...... ........ ........... 228
3 per Cent. Reduced Annuities. ...... 9B
3 per Cent. Consols Annuities 97 8
New 34 per Cent. Annuities lOl 1 I
Long Annuities, Expire sth Jan., 1860
India Stock
India Bonds, £lOOO .
Ditto, under £lOOO 2l
Consols for Account 11th August 97i 8
Exchequer Bills, ld.
£lOOO
£5OO
Small

2d 1p
2d 1p
2dlp

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK,
Chilian Bonds, 6 per Cont.
Mexican 3 per Cent.
Peruvian Bonds, 4i per Cent. B3
Russian Bonds, 5 per Cent.
Ditto 46 per Cent.
Spanish New Deferred, 3 per Cent. 231
Spanish Committee Cert. of Coup. not fun. 6i P e

- _
Dividends on the above payable in London.
Dutch Exchange, 21 per Cem
Ditto 4 per Cent. Certificates _
HALF-PAST TWO,
Consols 971 8
Ditto August Account 9B i