The Sun.
London, England, 1854-07-18 00:00:00

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LONDON, TUESDAY, JULY 13, 1854.

The peculiarity of the war undertaken against
Russia by France and England is, that it is not a
war of conquest, but a war for the prevention of
conquest. It is not a dynastic war, or a war of
selfish ambition, but a defensive war, a war for
the punishment of cruelty, for the repression of
barbarism, for the avenging of civilised society
outraged by that blind and savage fanaticism
whose crimes are calculated to produce nothing less
terrible than a profanation of the unsullied benifi-
cence of Christianity. It must not be forgotten
that it was in the name of Christianity that the
CZAR first adventured upon that outrageous in-
cursion into the Principalities, which has already
caused such deplorable bloodshed, and has termi-
nated a Peace of nearly forty years' duration by
one of the most atrocious and unjustifiable con-
flicts ever provoked by one man's insatiable greed
of dominion. Not only was this the case, but
the Proclamation through which the AUTOCRAT
first announced the real criminality of his
intentions to the rest of Europe was closed
by a verse from the ROYAL PSALMIST, by which
the aid of GOD was invoked upon a cause com-
bining in itself injustice, duplicity, and barbarism !
In conformity with all which the first atrocity of
any note perpetrated in furtherance of this same
infamous cause was celebrated, it will be remem-
bered, from the Emperor NICHOLAS downwards,
throughout the chief cities of Russia by a solemn
Te Deum chaunted to HEAVEN in the " orthodox"
cathedrals. In taking up arms against the
Russians, therefore, England And France are
undertaking to v. reak vengeance not only upon a
flagrant wrong-doer, but also upon a notorious
blasphemer. The triumph of the Allies over the
Northern AUTOCRAT will not only be a victory
won in the interests of civilisation, but in the
nobler and holier interests of our common
, Christianity.
Fortunately for the Allies of Turkey, they have
only, now, to follow up the successes already
obtained by the soldiers of the SULTAN over the
For all that England
forces of the AUTOCRAT.
and France have done to prevent thern
,the Rus-
sians might long ago, but for the
gallantry of the
Turks, hays-passed not only the priith Danube, but the more formidable and the
line of
Balkan mountains. They might have the
re successively before Adrianople and Constagnosp
led —or they might have advanced along the
board by Varna to the coveted palaces of
thee
Commander of the Faithful, on the Bosphorus.
As it is, the pride of the CZAR has been laid low
by the valour of the Turks and the gallantry of
their commanders, by the genius of OmER PACHA
and the glorious constancy of the defenders of
Silistria, without the aid of the Anglo-French
contingent. So that when the troops of Lord
RAGLAN and of Marshal Sr, ARNAUD at last reach
the Ottoman head-quarters, they find the Russian
invaders already in full retreat upon the left of
the Danube, through Bucharest in the direction
of Moldavia. So that, in fact, the CzAR, after
all his boasting and all his blasphemies, might say
in the words of TERENCE, and with a twofold
significance—" Ita me Dii ament ast übi sim
• nescio !" And this whether in regard to Europe
or in regard to Asia : for if OMER PACHA has-
been successful on the Danube, SCHAMYL has no
less brilliantly proved the might and glory of
his arms triumphantly in the Caucasus. As God
• shall judge him, the CZAR can scarcely tell where
he is at this moment—whether, that is to say, his
forces are any longer in possession of the fortresses
of Circassia, or of the ravaged Principalities—
' whether his armies
with-
drawn not only may not have to be with-
beyond the Sereth, but beyond
the Pruth, and beyond the Dniester, and
beyond the Bug, and—the natural and rs';-
99446t4 6°l44l4rYofßussia at that part of (ter

dominions—beyond the Dnieper ! It must
come to that ultimately. Upon the boundary
line of the Dnieper for Russia (as it was in 1689
on the accession of PETER the GREAT), 'SO to

speak, there trembles in the balance the
dread alternative threatened for Europe by
the prophecy of the Great NAPOLEON—
the alternative of its being overrun by the
Cossacks, or liberated by the genius of De-
mocracy. Drive back the Russians beyond
the Dnieper, and, with the help of GOD,
the liberation and the peace of Europe are assured
—not only the tranquillity and freedom of
Europe, but the continued progress of the great
nations already far advanced in the march of
civilisation !

The Guardians of the Public Purse are, it ap-
pears, to make further provision for " the ex-
penses of the war." They cannot be allowed to
separate for the long vacation until they have ac-
cepted another " little bill" in addition to those
which they have already so liberally met. The
amount, or, as Mr. MANTALINI might term Ir,
" the dirnm'd total," is as yet unknown, but
full satisfaction will, of course, be given on that
point before the new "Vote of Credit " is de-
manded.

We believe that we speak the all but unani-
mous opinion of the English People in stating,
that everything necessary for the vigorous and
energetic conduct of the war, for achieving results
so decisive as to insure a permanent and honour-
able peace will be freely and willingly granted,
JOHN BULL, at all times a generous paymaster,-
is peculiarly liberal during the continuance of
hostilities, and it is more than hinted that
Ministers are by no means unwilling to take ad-
vantage of that disposition, and to increase their
demands even in matters wholly unconnected with
these stirring events.

But, notwithstanding this profuse liberality,
which some people might feel inclined to stigma-
tise as " wanton extravagance," there is a general
disinclination to render Ministers independent of
Parliament, or to confide the exclusive manage-
ment of affairs to the " Excellent ABERDEEN" and
his colleagues for fully six months, during which
time they would be exempted from the supervision
and control of both Houses. Three months' money
in hand would surely be quite sufficient for every
purpose that could reasonably be required ; and
if any peculiar exigency, any unforeseen emergency
should arise, it would be far better that they should
be compelled to arouse the representatives of the
people, and to obtain their approval of the course
that had been taken, and which it was intended
to pursue. We would, therefore, entreat Honour-
able Gentlemen not to forget prudence and dis-
cretion in the excess of their generosity ; but, at
the same time, to protect the pockets of over-
burdened taxpayers, and insure for themselves
the influence and directing power to which they
are constitutionally and judiciously entitled.
With this view they should strictly scrutinise and
maturely consider the votes they are required to
sanction, and refuse to tie themselves to the
chariot wheels of any Ministry, however strongly
entitled to support and confidence.

There is another point on which they should
require full and explicit information. The
Ministerial Leader, in making the announcement
above referred to, declared that " there would be
no occasion for a Committee of Ways and Means ;"
adding that "the vote would be proposed in a Com-
mittee of the whole House in Supply." From this,
t seems that all now asked for is authority to
expend money, leaving to a future day the task
of providing the means of liquidating that outlay.
There is, however, a very serious objection to
such a proceeding. A prudent man will not in-
cur a heavy liability until he has, in the first in-
stance, ascertained the mode of liquidation. He
will not leave to chance a question of such vital
importance to his credit and solvency. How,
then, are the funds to be raised for the purpose
of meeting this new demand ? It can scarcely be
by the imposition of new burdens—by heaping all
the charges on the present generation—and alto-
gether exonerating " posterity" from any portion
of the charges undertaken on their account. Al-
ready more than ten millions of pounds sterling
have been cast upon the people, according to the
estimate of the Chancellor of the Exchequer, and
we believe that nearer to twelve than to ten mil-
lions will be collected under the increased imposts.
It was verydistinctly and unequivocally announced
that one, at least, of the objects for which these
enormous sums were to be levied, was to disgust
the community with the war, and induce them to
accept any terms that might be offered. Mr.
GLADSTONE emphatically declared that " the ne-
cessity of meeting, year by year, the expenditure
which war entails, is a salutary and wholesome
check. It makes men feel what they are about,
and prompts them to measure the benefit they
anticipate with the cost of obtaining it !" The
Right Honourable Gentleman may very probably
be still influenced by this reasoning—may not
deem that the curb is even yet -sufficiently severe
to restrain the warlike ardour and chivalrous
enthusiasm of the British nation. Ho may, there-
fore, be desirous of enacting new, or enhancing
old, imposts, so as to make the_whole of the addi-
tional expenditure be collected within the year.
He may not next February entertain the same
objections to the reimposition of the recently-
! repealed duties, the alteration of the rate of
postage, or to meddling with the taxes on tea or
tobacco. He may possibly think that the In-
come Tax screw will bear another turn, and that,
as he has already significantly hinted, the six may
he increased to ten per cent., and that, with-
out any attempt to equalise or render more
equitable and less oppressive the iniquitous im-
post. All or any of these courses are open to the
Financial Minister, and if the expenditure be sanc-
tioned without a clear and express understanding
as to the mode by which it may be liquidated, he
will be enabled to taunt the House, in his accus-
tomed manner, with being " quite willing to di-
rect the outlay, but not to pay for it afterwards."
Let those, then, who object to an unmodified In-
come Tax at the rate of ten per cent., who do not
want to see the re-enactment of the repealed
duties, or the retrograde movement in the path
of free trade, insist on knowing full particulars
and details on every point, and refuse to vote a
credit of a single shilling until they are clearly
informed as to the mode in which the money is
to be provided. Let them not be contented with
a Committee of Supply unless there also be one of
Ways and Means, an I a New Budget opened by
the Financial Minister.

THE STIGMA. AFFAIR.

The following has been received at the Admi-
ralty to-day :
PROCEEDINGS OF THE FIREBRAND OFF

THE DANUBE.

you, for the information of
the —I beg to acquaint i
Lords Commissioners of the Admiralty, that Cap-
tain Parker, of the Firebrand,on the night of
Britannia, off Baljik, Ist July, 1854.
Sirs
the 26-27th June, nearly surprised the Cossack Guard
at the entrance of the Danube, but only succeeded in
securing the Cossack officer in command, whom I have
sent to General Lord Raglan.
2. On the 28th and 29th, assisted by the Fury, he
completely destroyed the strong and well-built batteries
at the Sulina. The light-house, the private houses,
and the quarantine establishment,lwere untouched,
but the fear of damaging them by the use of powder and
fire, rendered the work of destruction of the batteries
very severe and heavy to the crews of the Firebrand and
Fury.
of the Royal Marine Artillery,
3. Lieutenant Jull,
was wounded in the head by a ball, but remains in com-
mand of his men, and the arrangements made by Captain
Parker have again prevented any loss on our side.
4. Captain Parker speaks highly of the conduct of
Lieut. Jones on these occasions, as well as on those
when the cavalry posts were lately destroyed to the
north of the Danube.--I have, &c.,
(Signed) J. W. D. DUNDAS, Vice-Admiral.
The Secretary of the Admiralty,

Galignani's Messenger observes, that "among the en-
gagements spoken of for the Opera is that of M. Brandt,
who possesses a fine tenor organ, and has been profitably
studying here for some time under the best masters. He
was last week heard," says our Paris 3ontemporary, " by
several of our leading connoisseurs, and their suffrages
in his favour were unanimous."

Galignani also remarks, in the same number, that
"Mlle. Rachel is not expected to make her rentr4e at the
Francais before the mouth of September."

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWO o'CLOCK.

The sales of cotton at Liverpool yesterday
were estimated at 8,000 bales, including 1,500
American taken for export and on speculation.
The market closed heavily, but prices were but
little changed. The sales comprised about 7,000
American, 450 Pernam and Marauham at 51.1. to
7id., 40 Bahia at 64d., 400 Egyptian at 6d. to 9d.,
and 500 Surat at 2id. to 4d. per lb. Railway
Shares were flat.

The Australian letters per Golden Age report
unfavourably of commercial affairs, owing to the
excessive supplies. The gold production, though
still large, was scarcely equal to what it was early
in 1853.
Accounts from Prince Edward. Island state that
Mr. Dominick Daly, the new Governor, had been
received by the colonists with the highest demon-
strations of respect, and was likely to be very
popular. The elections were iu favour of the Liberal
party.
At the meeting of the Commercial Bank of Lon-
don just hold, a very favourable report has been
presented and unanimously adopted. The follow-
ing are extracts :
"The directors have the satisfaction of presenting to
the shareholders the fourteenth annual balance sheet,
from which it will appear that, after paying all expenses,
and making provision for bad and doubtful debts, the net
profits of the bank amount to 36,9501. Os. 11d. ,
" A dividend, at the rate of 61. per cent. per annum
for the half-year ending 31st Dec., 1853, has been al-
ready paid, and the directors have now to declare a divi-
dend for the half-year ending 30th June, 1854, at the
same rate, with a bonus of 16s. per share—both divi-
dend and bonus free from income tax.
" After paying this dividend and bonus, there will re-
main a balance of 1,4451. 9s. 3d. to be carried to the re-
serve fund, increasing that fund to 64,0121. 6s. lid."
The half-yearly meeting of the St. Katharine
Dock Company was held this morning, and a divi-
dend at the rate of 4 per cent. per annum has been
declared. The report states :
" The accounts of receipts and expenditure of the com-
pany for the half-year ended the 30th June last have
been accessible, since the 10th inst., for inspection by
proprietors, in accordance with the advertisement call-
ing the present meeting, and copies of the same are now
on the table ; they show the results of the business of
the past six months to be as follows :—Gross earnings,
158,4271. 9s. 10d. ; expenditure, including interest,
95,6191. 11s. Bd. ; net earnings, 62,8071. 18s. 2d.
" This sum, with the balance of 53,694/. 15s.
brought forward at the conimencement of this year,
after payment of the dividend declared in January last,
gives a present available balance of 116,5021. 13s. 2d.,
out of which the directors recommend that a dividend be
now declared at the rate of 2 per cent. upon the capital
stock of the company for the half-year ended the 30th
June last, and that the same be paid free of income tax.

" Should this recommendation be adopted by the
meeting, the dividend payable will amount to 38,796/.,
and leave a balance to be carried forward of 77,7061.
13s. 2d."

The English Stock Market has been very de-
pressed upon the announcement of Lord John
Russell that he should have to ask the House of
Commons, next week, for a considerable sum of
money to carry on the war. It is expected that
general authority, under a vote of credit, will be
taken to raise whatever may be required, since
many doubt whether the Ministry can yet state
what is likely to be wanted. Opinions, however,
are greatly divided, some parties considering that
a proposition will be made to subsidise Turkey,
while others consider that a preferable course will
be to guarantee the interest upon any private loan
which the Ottoman Porte may require. In our
view, Government intends simply to attend to its
own wants as regards the actual vote to be taken,
although it may guarantee a Turkish loan, and the
point of most interest is to ascertain how the finan-
cial requirements of Mr. Gladstone can be met. It
is not thought in the City that the market will
bear a further issue of Exchequer Bends
above the amount already authorised, and
there remain two or three other plans that may be
adopted. A direct loan, a creation of terminable
annuities, or an issue of Exchequer Bills. At an
increased interest, it is probable there might be
a further amount of unfunded debt floated, but
much depends on the sum required. Consols decli-
ned yesterday after the official hours of business to
921 1, what was stated at the Downing Street meet-
ing having transpired, and this morning they
opened at 91a fell to 91k -, and have since rallied
to 911 and 92. There is a fuller supply of stock,
and is loaned very readily till August. Bank Stock
is firm at 209 to 211. India Stock is 225 to 226.
Exchequer Bills keep at par to 3s. premium, rather
a significant proof of opinion in the Stock Exchange
as to the investment least liable to fluctuation just
now.

There has been a slight increase of business in the
Foreign market, but prices have not yet improved.
Mexican are rather lower, and Spanish have been
heavy on account of the important news received
as to the spread of the insurrection. The prices of
Mexican have been 24i to g, and of the Spanish
New Deferred 18k. Portuguese 4 per Cents. have
been done at 39 without the dividend. Dutch
21 per Cents. have been 59k, and the 4 per Cents.
9J.. Sardinian Bonds have been at 851. Bra-
zilian Old Stock has been quoted at par.
The followinc, are the nominal prices of foreign
stocks :--Grenada Deferred Bonds, 6 to 6i ; Mexi-
can, 241 to 24i ; Peruvian, 66 to 68 ; ditto Three
per Cents. 50 to 52 ; Portuguese Four per Cents.
39 to 41 ; Russian Five per Cents. 97 to 99 ;
ditto Four-and-a-Half per Cents. 82 to 84 ; Spanish
New Deferred, 181 to 181 ; ditto Three per Cents.
36i to 37i ; ditto Certificates, 31 to 4 ; ditto
Passive, 3 to 41.
Railway Shares are 16:7-er, and in most instances
to the extent of fully 1 per cent. This decline bas
occurred in .N orth-Western, Caledonian, Great
Western, and South-Eastern. Great Northern
were 30s. lower, but have just rallied again. In
French Shares there has been nothing doing.
The Mining Market is merely nominal. In the
Joint Stock Bank Shares only one or two bargains
are recorded. The Shares of the Australian Land
Companies have been inactive, and Crystal Palace
are lower.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
( Prom, the (*dal Lid.)
Tkuidnefot done.
Bank Stock
i per Cent. Reduced Annuities 914 2
3 per Cent. Consols Annuities 914 4 2
34 per Cent. Annuities . 9li 2 i 1i 2
Lung Annuities, Expire sth Jan., 1860 -16 11-16
Ditto 30 Years, Expire sth Jan., 1860 4 7-16
India Stock
India Bonds, £lOOO
Ditto, under £lOOO 4 Consols for Opening 19th July ip
i i
Exchequer Bills, 24d.
£l000.
£5OO par 3 p
Small 1 5 p

•
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent.
Mexican 3 per Cent.
Portuguese Bonds, 4 per Cent 39 a d
Sardinian Bonds, 5 per Cent 854
Spanish Bonds, 3 per Cent 37 x d
Spanish New Deferred, 3 per Cent. lB,
Dividends on the above payable in London.
Dutch Exchange, 2i per Cent. 12 Guil ...., 591 x d
Ditto 4 per Cent. Certificates . ...„
lIALF•PAST TWO.
Consols for Opening 19th July 9ll 2 x d

THE LATE FAILURE.-21. Gopcevicb, of Trieste, has
resumed payment.
CRYSTAL PALACE, JULY 17.--SHILLING DAY.—
Number of season tickets sold to this date, 20,370.—
Admission at the doors, 16,763 ; admission by season
tickets, 838. Total, 17,601. _ _

CRIMINAL JUSTICE IN THE METROPOLIS.— Yesterday
the bill as amended, to dispense with grand juries in
the metropolis, was printed. The bill was noticed last
week in the Daily News. Grand jurors may be sum-
moned for only four sessions of the Central Criminal
Court in a year. There is an alteration as to the time
the Act shall take effect—it is now fixed for the Ist
September.
ME NEW ACT TO COMPEL THE ATTENDANCE oP WIT-
NESSES.—The new act to enable the courts of law in
England, Ireland, and Scotland to issue process to com-
pel the attendance of witnesses out of their jurisdiction,
and to give effect to the service of such process in any
part of the United Kingdom, has been printed. The
act came into operation on receiving the royal assent on
Monday. Parties who are required to attend out of the
jurisdiction of the courts are not to be punished for non-
attendance, unless they had been tendered a sufficient
sum to pay their expenses of coming and attending to
give evidence and returning.
CHOLERA.—On Saturday afternoon an inquest was
taken by Mr. Wm. Baker, at the Cape of Good Hope,
St. Anne-street, Limehouse, on view of the body of
Sarah Harvey, aged 24, a single female, who died at
No. 21, St. Anne-street, Limehouse. Mr. J. Woolridge,
surgeon, St. Anne-street, said that ho was called to see
deceased about half-past two o'clock on Wednesday
afternoon. She was vomiting, and had severe cramps,
with a low attenuated speech, and a slight pulse • the
skin was also of a blueish colour. He had no doubt
that she had an attack of Asiatic cholera, which led to
her death. The jury returned a verdict in accordance
with the medical evidence.

gua-
ranteed, .1- A -vex a ToA bill to guarantee the liquidation
of a loan or loans for the service of the colony of
Jamaica has been printed. It proposes that the sums
Fund, in orderptaoygrnieve
in the preamble), not exceeding 500,0001., and the inte-
aunndder certain Jamaica acts (which are recited
rest thereof, not exceeding 4 per cent., shall be
soliTdhateesde
aja;cnavoaaaninecteas:owwf
these hn w
interestleovaeu ,
atb
aree thectoh arri:edaloo2fi2nsuatphieleyr revenuesclaeindt.
before
efTohroeof
payments
effectm ad
et
oottihti s ofg
guarantee. nGtoe Consolidated
.
ith
s
Parliarnont