The Sun.
London, England, 1838-02-08 00:00:00

THE FUNDS.---(THIS DAY)

CITY, T WEI, F.;;• 01. 0 cx. We have received Hobart Town Papers te Oet. 7We extract the
following :
" NORFOLK ISLAND.—We arc: happy to hear the expensive esta-
blishment at Norfolk Island is aly.mt to be broken up, and that the pri-
soners arc to be removed into, the interior of this colony (Sydney.)"
We have received SVO:dey Papers to September 22. They state that
The Legislative touncil terminated its SAting for the Session on
Wec'nesday last. At the close of the day's business his Excellency the
Governor, in addressing the members previous to their separation, :lc-
guainted them that that was the last time he should meet them in his
official capacity as Governor of New South Wales." •
Launceston Papers to October 13, state that " a ComMittce or the
Legislative Council of New \Vales have lately teen sitting in de-
liberation, and 'receiving evidence upon the que.;,ilon of emigration the
inj
want o ury whie';l the sister colony is at the present being subjected to for
the : f *nands has properly made it a matter of anxious solicitude with
!iovernment and the people at large.
The Home Department have taken two-thirds of the land revenue,
for the purpose of transmitting emigrants from the mother country under
their own auspices, which leaves its a fund available its the colony, and
Under the control of the local Legislature, the remaining third, cal-
culated to amount to 40,0001, per annum. This fund it has hitherto been
proposed to appropriate as bounties on emigrants introduced by private
settlers."

TDE FUNDS.
During the early part of yesterday the Consol Market had a very
heavy appearance, caused by some sales of monied stock, but in
the afternoon Consols improved from 91{ to 91 1(, 4; and opened
this morning at the above price, 911 14, with very little business doing
as yet. The speculators are still anxiously waiting for news from
the United States, as well as from Canada, which 'nazi. be expected
hourly, as the wind has shifted to the westward. Exchequer Bills,
53 57, 24 per day ; India Bonds, 55 57 ; Bank Stock, 203 % 204 A ;
India Stock, 262 % 263%. To the present hour they are quite inactive in the Foreign Market,
and the prices the various Foreign Securities may be quoted the
same as they cld at yesterday. Spanish Active, 181 % , with
Coupons ; Portuguese 27'4 ; Three per Cents., 17 % 18 1
Two-and-a-Half Dutch
Pet Cents., 52 % 531 ; Colombian rather improved,
owir,g to the expectatio of money coming from that quarter ;
done at 26.
Ban
PRICES OF STOCKS THIS DAY AT ONE O'CLOCK.
263
• • stock .....„„...
.. . 204 v, India Stock
aper not. c • . '''.••••.••....0214
per Cent. ;sect '''''''''':3, Ditto Bonds — pin.
1,3
2 per cp -.,15.. .......... ..• Ditto i" --lit' .... "' • South Sea Stock
........ . Old .Annnitics .... ..... ....., ---
89%
1.,1,,,,„ ,ed.... ................ 100Vili, New Ditto
New '35 1 Per Cent ................... .99k li 3 per Ceot. is.nnultiee, 1751-- --
n),
Dap
Lon
tet.. ................. Exch. Bills, ..C1,(00 57 55 pm
ungAnnuitiestoexpire Ditto 500 57 55 fun.
57 55 pm.
Oet, 1k 118411:
..... .. .............. 1.5 1-16 Ditto Small
Pm.
Ditto Commercial
• Jan, 5, 1860 ................ it 11-14 Ditto Advertised — Pin
Jan.. 5. 188,1..........::: ..
............ ---- Bank Stock for Account _
431n4.11„,5: 1.88r5i0....... ... ~........... --- 1 Ind!‘ Stock for Account
9114
.................. --- I Consols for Acconnt
PRICES OF FOREIGN FUNDS THIS DAY AT ONE O'CLOCK.
Austrian Ponds ............ P ' '
Belgian 'Bonds ..... ........ cr'!"" 1.0,,,ts •• —
BraziDitto Account ....... .........
.. Ditto Account ...... ......... .. 19%N
lia' Bonds ....... ..
. ..
..
....... - “W"g':tese Ronal
ltto Account —
Ditto Account ... ............. : 73iit Ditto New Boryls —
Buenos Ayres Bonds ............. • _
Chill Ditto Account . ..... .... ........ Ditto Account ..
Dittian Bonds ......., ........ --__ „.',3l°, 3 Per Cent ....... •••
o Account ....... .....„. ;‘..__ 'ru an Bands ...............
Ruszian Bonds, 1820 1121(2%14
Columbian Bonds ..... ....-,...,..... 23% Ditto Account - .......
4
Ditto Account ......„
... ...... _ - Ditto Metail,c ......
C3lumhian Bonds, Ift`24,„ 25% r 51( Spanish
DinisDitto Account .-...........26 sa/ % Ditto Account*Ac: . : -
Dittoh Ronda ....,,„
p,., 4-- Ditto Bonds 1`,431 ..
• ..........
**l
a
AccouPA
.. - ................ ..., _ Ditto A.ccou'n,t.:, ...................... ....... .A -
Greek Bowls ".
Ditto yi,,,,,j ..... iii,";..5.• .... • ........ erench, 3 per _....it ...•. ..... --t. —c.
Ditto
cent
—f c
/.Iccount . .............
2 -------- 34 Prr cent: ................. —l.. ---c:
Itlextef,n Bonds, 5.17,e;:r"C;; ... ..... ---- Exchange ........... —f. —^.
.I•AtDitto. Account .......... ••••• •• Dutch, Zi, per cent. ........ 52% 3%
to, 6 per cent. ...... ...... --. Atto Account
... Ditto Account. ................. --1 Ditto, 5 Percent cent
N oapolttnn ........................... —I Ditto Account
PRICES OF SHARES THIS DAY AT ONE O'CLOCK
Paid. Per Share.
Real del Monte Mining Co., Registered ..... 63/. I.os 6d. '—
liiDitto Unregi5tered.,,,,,...............•. 15
rmingham and Derby Railay. Company . ..... 20 17
Birmingham and Gloucester Railway Company .15 8% 9
EasteDublin and Kilkenny Railway Coltman • . `l...qci
rn Counties Railway ...... .. ... . Y .......... :.... .. 3 11
9reat Western Railway C0m2any..........::: ..
:.. ..... 65 82% 2
London and Southampton Railway Company 50 39%
ILondon and Southampte,-n (New) Railway •-*
5 211,4
%,!_anchester and Leedr., Railway Company
Northern
and Bilrmingliam Rai1way........
Northern and Eastern Railway Company .. - 4%14
NJrth Midland Railway Company 25 25
In the Committee of the Legislative Council of New South Wales, a
question has been raised whether the encouragement of emigration
should not be extended to Indians, as well as emigrants from the mo-
ther country. The Report of the Committee concludes as follows :
"Your Committee, in venturing to form an opinion upon the proposal
. of introducing labourers from the mountainous or higher parts of India,
are guided solely by the scanty information they are able to collect,
as to their moral and religious character, and probable fitness for
shepherds and labourers in the Colony, from the evidence of Mr.
Mackay, ,olio employed them for many years on his Indigo plan-
tations, where it appears that these people have been employed
10 considerable numbers with great advantage to that Colony,
(ths,,t of Mr. Mayo, late a resident in the Mauritius). Your Committee
b.ave also weighed the many objections that may be raised as to the
pnclaganisdm, habits, colour, &c., of these people, and they would not be
iine to recommend their being introduced into this colony, or at
any rate, that the public should bear any part of the expense of their
importation, were not the demand for early relief so very urgent, and the
present distress of the settlers so great, and the general interest of the
colony suffering so much, that they concur in the expediency of grant-
ing a bounty of 61. sterling (which is considered equal to about half the
cost of importation), for every male Dhangar, or hill labourer of Bengal,
who may be embarked on or before the 31st day of December, 1838."
A petition to the Right Honourable the Lord Mayor of the City of
London and the Gresham Committee, by the merchants, traders, and
others of the city of London, is exhibited in various parts of the City
to be signed. It states that Guildhall, owing to its distance from the
centre of the City, and from Lloyd's also, and the Hall being
t°s) contracted for their numbers, and that they are all put to
tlailY inconvenience,—under these circumstances they beg to
8°14'4 an application from his Lordship to her Majesty's Trea-
sury, to allow them the use of the large space in the Excise Office,
Aroad.street, from three to five o'clock in the afternoon, under
the Superintendence of the Gresham constables, and to be
Partially Protected by a temporary covering,
until the Royal Exchange
bq rebuilt; but should their Lordships decline compliance, they respect-
fully request the privilege of assembling in the hall until more ample
accommodation can be obtained.
Both the British and Foreign Markets continue in the same inanimate
state as h, the early part of the morning, with scarce a bargain doing.
C'..nsols have been to the present tune 91.1 for the Account, and 911 I
for Money. Exchequer Bills, 57 55, 21d. per day ; those paid off 145..
Bank Stock, 2041} ; India Stock, 263.
In the Foreign Market not a feature worth observation. Spanish
Active, 181, with coupons ; I'ortuguese, 271; Three per Cents., 18 ;
Brazilian, 73% ; Columbia not so good as in the morning, 25 N ; Dutch
Two_and-a-lialf, 521 53,
No Liverpool letters, ur any arrivals from the United States.
THREE O'CLOCK

Consols for Me Account, 91 %.

11F. TIRADES OF THE Times are amongst the
lanst. amusing publications of the day. It contains, for
example, a long article this morning on the army, full
of misrepresentation, which towards its conclusion is
!„,xt.reTriely bitter against Lord HowicK, whom the
rimes accuses of designing to place the army under a
responsible Minister, which Minister it admits is re-
%ponsible to the majority of the House of Commons.
It then says " the Commander-in-Chief of the Army is
,_ll°w' responsible to the only power by which he can
'l° safely governed, viz., by the SOVEREIGN on the
throne, which SOVEREIGN is of course a watcher of
Public opinion as represented by its constitutional or-
gans." But the SOVEREIGN, who never acts but
through responsible Ministers, can only learn through
them what is public opinion, as represented by its con-
stitutional organ—the majority of the House of Com-
la°"s. The Times would therefore, in fact, have the
Commander-in-Chief responsible to the Ministers, who
advise the SOVEREIGN, and who are responsible to the
Organs of public opinion, and it blames Lord HowicK
for wishing to accomplish that very thing. The only
essential difference is, that the presumed plan of Lord
HO WICK seleetssome one Minister, and makes him con-
stitutionally responsible to the majority of the House of
Commons, while the present plan makes all the Minis-
ters responsible for the conduct of the army, without
giving any one the power of controlling it, and fixing
oil him the responsibility. Not saying which of the two
plans is the better, we unhesitatingly decide that the
remarks of the Times are as violently factious as they
are amusingly inconsistent.
ELECTION COMMITTEES.—After much laments-
!lion by the Tories, on account of the absence of their friends
rem the House of Commons on the day of the Election Ballots,
Itt, turns out that a greater number of Whig- Radicals were absent
~0411. Tories. There is no reason, therefore, whatever, for the
;31 res to complain of the formation of the Committees, except
er,l the!_r ground, on which all parties complain, namely, that the
acter of the tribunal depends on chance. We have,
n their
the Grenville Femplaints, a Tory testimony to the fact, that
or
sue Act requires complete revision. The absence
th. h a number of Whig-Radical Members makes it our
th
of to admonish them, that, by their absence, they run a risk
ylng a triumph to the Spottiswood conspiracy.
the HE ARMY.---We can state on good authority that
,ohstegulations about soldiers' pensions, on which the Times
cordial at such length this morning, have the entire and
t,h,';_ al concurrence of the heads of the army. It was found
that the the old system, as men enter the army very young,
fWI great numbers were entitled to their discharge on
and
‘1.)31 before they had reached their fortieth year,
te°4toise"etin.ieiltie they were perfectly able. to serve. To have
that system would have injured the army, and
piettlr ,t the country to enormous expense. The piteous
tans c. the
of the lives of " worn out broken-hearted %etc-
rv!tbout enough of hand or heart to earn a day's meat by
freui really refers to men between the age of 36 and 40, who,
h
the a•vmg been better fed and better taken care of than
reue ajority of the labouring classes, arc in fact at that age
ttoteui
to able to earn their bread than half those who are
;° Pay their pensions.
of 11 '3 with deep regret that we announce the death
Sir b,4ec,ornplished scholar and highly-respected gentleman,
v
d'lla',sl Sandford, of typhus fever, after atl illness of only
ersit )s. Sir Daniel was Professor ofGreek in the Uni-
Y, and formerly M. P. for Glasgow.
Lort(4lthe late decision of the House of Lords, Lord
C'usucceeds to 6,0001. per annum in Sligo, as also to a
Nbissel;rtaLble, sum in ready money. In consequence of the &-
eeerees“e late Dowager Countess Rosse, Lady Lorton also
Vl/47 entitled to a large estate in the county of Longford.
twe,e
ri learn from Geneva that the steamer running be-
g that town and Lausanne was recently arrested in its
peen by some ice in the middle of the lake, and would have
,t't f,),2"`,4111ed, to the great inconvenience of the passengers,
exertions of three Polish engineers, who succeeded
" he vessel out.

THE COTTON SPINNERS AT THE

HULKS,

TO THE EDITOR OF THE SUN.

Sin,—The Delegates from the Glasgow Trades, at present
in London, will feel much obliged if you can find room for the
inclosed letter from the Cotton-spinners in the Hulks, ad-
dressed to a friend in Glasgow, and inserted in the Glasgow
Post —Your obedient,
Thursday, Feb. 8.

J. M'NISH.

I Hulk Justitirt, Woolwich, ,lan. 24th, 1838.
near Sir,—We at rived here about flint: o'clock on Saturday
night; I must say that in the whole course of my life, I never
suffered so much freM cold as I did from I left you till that
period—nen of us have soon a fire since we left Edinburgh
Jail; from the state of the weather, and from our being for
many years Coufined in an atinosphere of about 90 degrees,
I leave you, Sir, to suppose what must have been, and what
still must be, bur condition, while the weather remains as it
has been for the last few Weeks ; and what is still worse, ac-
cording to the regulation of this prison, we were stripped of
our own clothes and dressed in a uniform suit much lighter than
those IT° were aecutomed to mar. The suit we now wear
is composed of a jacket, a vest, a pair of knee-breeches, all of
coarse grey cloth, and 3 marl'd grey stockings, with three white
strips around the legs—one of those strips is in the place where
garters arc usually worn. You are not to conclude from this
that we have all become Knight., of the Garter. I would give
you a brief account of this prison, the grounds around it, to-
gether with the manner in which the prisoners are employedand
fed, hut time will not at present permit. Indeed, Sir, my chief
object in writing to you is to let you and our other friends
know that we are still in the land of the living, and in good
health, and, all things considered, I cannot say that our spirits
are below Zero. Now that you know where we are, and that
we are shut out from society and from the world, from all that
is near and dear to us, and are obliged to associate with all
nations, colours, climes, and tribes; the perpetrators of every
species of crime ever heard of ; in a word, this place is filled
with such materials that nothing but rigid laws and strict dis-
cipline could possibly keep it in order. Thus situated, it
will not be necessary to request you to write to us
frequently to let us know what is going on, as well as
to cheer us in our present unenviable situation. My time
is up—send a letter yourself, or a copy of this to the
Trades' Committee in Glasgow, if possible, before Saturday
night, that our relations may know that we are well. No
letters will be received here addressed to prisoners, unless
they be post-paid. One sent to Wm. M'Lean was refused
and returned yesterday. Each letter will cost us 2d. al-
though post-paid. We will write, each, to our relations in
the course of next week.:

I am, dear Sir, yours truly,
(For the five Cotton Spinners),

•
PETER HACKE T.
PS. I forgot to mention that according to law and custom
we have got each a chain with two rings rivetted around our
right leg. This is done to all prisoners when they come here
first. How long they are kept on lam not aware. We
have been employed the last two days jobbing about the yards,
and sometimes pumping water and drawing it by a water-butt
fixed on a cart. I mention these things not by way of com-
plaint, but merely to show, that all persons sentenced to
transportation, no matter for what, are all subjected to the
same regulations. You remember that Mr. Fisher told you
that there would be a distinction made between us and com-
mon felons ; this is a mistake.