The Sun.
London, England, 1854-04-01 00:00:00

" laugh at the wrong side of his mouth"—a
charge which could not have been gravely
put forward in any other day of the calen-
dar, and which must have been offered by the
Times with the view of making " April fools" of
its readers. " Call you this helping your friends,
HAL ?" Is this the &art of aid to afford ? If the
previous vacillation had not been censured, we
might have had a repetition of similar temporising.
We might, when the expenses of the war had
been incurred, and all its evils borne, have seen
congratulations ou the patching up of a dishonour-
able peace ; or the CZAR—when defeated by the
combined valour of France and England, having
consented to accept " a hint" (like that given to
the Irishman who was " kicked down stairs") and
to evacuate the Principalities, from which he had
been driven at the point of the bayonet—waiving
the consideration of his claims until another and
a more auspicious opportunity,
We can, however, easily understand the
petulance of Lord ABERDEEN, and of his organ
in the press, at the legitimate complaints in both
Houses. The " travelled Thane" had his
pro-
Russian tendencies exhibited in the strongest
light. He saw it distinctly proved that his acces-
sion to office had been the signal for the com-
mencement of the proceedings which led to the
untoward result—that, like the man who, while
perpetually calling for silence, created the entire
disturbance, his insane demand for " peace at
any price" was the real cause of its -viola-
tion. He was, therefore, naturally a little
sore. The " raw was established," and,
therefore, the lashes so vigorously administered
told with tenfold force. Nor had his " organ
merely to deplore the castigation of„ its patron.
" Its own withers were not unwrung, for the ex-
posure of the " feelers " that had been put forth
through its columns for the division of the assets
of "the sick man," and exaggerating the disease
to the utmost, could not but be wormwood to the
Leviathan, and we cannot feel surprised if the
cc plied jade should wince."
But for ABERDEEN we should not be at war !
But for ABERDEEN we should long since have
taken " the bull by the horns," and been actively
engaged in the cause of truth and justice, and
therefore it was neither unbecoming nor impolitic
to censure his past conduct, or to warn him em-
phatically against a repetition of such unwise, in-
equitable, and disgraceful behaviour.

Several articles are unavoidably left over for
want of room.

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 6,000 bales, including 1,500 taken
for export and on speculation. The market was
dull, with plenty of sellers and not many buyers.
Railway Shares were firm at an advance of 2 per
cent.

The great indulgence extended to neutral traders,
although calculated to excite dissatisfaction, and
occasion inconvenience, is not likely after all to
settle the vexed question and to guide the English
merchant in his proceedings. Upon this subject,
and the vacillation of Government, Messrs. F. J.
Smith and Charles observe :
"In our circular of 27th inst., we drew attention to
Lord Clarendon's letter to the deputation of Rassian
merchants. This letter was followed, on the 28th, by a
Proclamation," Declaration,' &c., at total variance
(so far as these State papers admit of interpretation),
with the assurances given by Lord Clarendon only the
day before. We have not space to discuss these State
papers, nor would this be of much use ; for, so contra-
dictory are the various announcements made by the Go-
vernment, during the present month, on the subject of
Russian trading—no sooner is one line of proceeding
laid down than it is succeeded by another, and this,
again, by a third—that the probability is, that before
our views on the present aspect of affairs could be in
possession of our friends, some fresh declaration will
have been put forth by the Government. The wisest
course, therefore, for parties engaged in the Russia
trade would seem to be, to take no steps until every-
thing has been fully discussed in, and settled by, Par-
liament. Enough, however, has been indicated by the
looming forms of 'cruizers," Admiralty Courts,' con-
fiscation,' and ' prize money,' to suggest the expediency
of extreme caution in purchasing Russian produce
abroad, and importing it into this country, and to lead
to the conclusion, that a business surrounded with such
difficulties, and accompanied by such hazards and pos-
sible delays, will scarcely be attempted by any except
our wealthiest merchant:, and by them only on a mode-
rate scale."
The return of the Bank of England for last week
is more favourable in many respects. The specie
was again reduced in amount, but to a much
smaller extent, and in the course of a fortnight
there will probably be an increase. The discounts
and loans were largely increased, and the demand
for money occasioned a withdrawal of deposits.
This brought out the circulation of notes. The
sum to the credit of the Government was mode-
rately augmented, but the total is still much below
what is usual at this period of the quarter. The
following are the changes taken against the pre-
ceding week :

Active circulation
Increase
Bullion

£21,240,775
456.925
14,629,282
193,557
3,744,205
13,328
4,423,827

Decrease..

Increase ..
Public Deposits..

Increase ....
Other Deposits
Decrease
Seven• Day and other Bills

745,019
11,092,226
213,157
1,124,969

Increase 3,538
Government Securities 11,792,116
Decrease 52,584
Other Securities
15,757 ,
44,604
Increase 1 2,809
Notes unemployed 6,633,535
Decrease 645,130
There was some firmness yesterday afternoon in
the rates at which foreign bills of exchange were
negociated here. Paris 90 days, was at 25 27 to
321 ; Amsterdam, 11 141 to 15 ; Hamburgh,
13 41 to 4:1 ; and Trieste, 14 25 to 30.
The demand for gold has in a great measure sub-
sided, and the amounts received from Australia
within the last two days will probably go into the
Bank of England.
The amount of bullion exported from London
direct, during the week to Thursday last, was
10,510 ounces of gold and 141,853 ounces of silver.
The private bankers, at a meeting held yester-
day, came to the determination of opening the
clearing house to the joint-stock banks—a most
important measure, especially at the present time,
and certain to effect great economy in the note cir-
culation.

The mail from the West Indies brings satisfac-
tory accounts of the crops. The amount of specie
is over 900,000 dollars, including
100,000 dollars for the Mexican divieninore than
dividends.
There has been an improving market fol. English
securities, and some purchases for money have im-
parted a better tone. The temporary cessation f
bullion exports and a less active demand for money,
exercise a favourable influence ; and when the
quarterly payments are got over, an easier state of
things is anticipated, unless very adverse events
abroad operate in counteraction. Consols have
been 551- to 86, and since 86 to 86k, with a good
deal doing. Exchequer Bills have been at par to
premium,2.l2l,s. a:
There has been a special bargain in the New 2. per
CeForeign Securities East India Stock is marked 220 to
quiet.23k to I. Buenos
Mexican Securities have been firmer, although
Stock brings
Ayres has risen to 51, and Dutch 21 per Cents.
are up to 52.
Railway shares have been n
Spanish New Deferred are 331.
and the French lines better all round, per cen.t.
The Mining market a rise in
Agna Fria and United Mexican.
The Australian Agricultural exican.
proved 10s. to V. again.
isbuo yant, with
esahralryeess la
are
up
1:11:1

BRITISH FUNDS THIS DIY AT ONE O'CLOCK.
( Brom the Oficial Last.)

Paisines4 flAntl
843
51 6i 5i 6i 6
73

3 per Cent. Consols Annuities .
New 21 per Cent. Annuities
Long Annuities, Expire sth Jan., 1860
Ditto 30 Years, Expire sth Jan., 1860 ' 4 15-16
Indio. Stock 220 22
11:dia, Bonds, £lOOO
Ditto, under 11000 5 d
Co-o.sols for Account 18th April B6 51 61
Exchequer Bills, 2d.
11000
Small 1 d 2 p
IT RICE OF FOREIGN FUNDS AT ONE O'CLOCK
flu cuos Ayres Bonds, 6 per Cent 5O 1
Cu ba 7 per Ct. (Matanzas & Sabanilla. Bonds) 914
Me sican 3 per Cent.
1 )itto for the Account 23/
Spa nish Bonds, 3 per Cent 33A
Dividends on the above payable in London.
Mit eh Exchange, 2i per Cent. 12 Guil 52
1) itto 4 per Cent. Certificates ......

TWO O'CLOCK.

Consols B6
Ditto April Account.„, B6 4.