The Sun.
London, England, 1854-03-27 00:00:00

united in good faith and cordial alliance, had
nothing to fear from " the world in arms." Even
though the Great German Powers had exchanged
doubtful friendship or suspicious neutrality for
open and undisguised hostility, they felt that
matters having proceeded so far it was desirable
that the Northern Despot should be " bound over
to keep the peace," and that he should give ample
sureties for his " future" good behaviour. It was
perfectly clear to every person of ordinary intel-
ligence and ordinary information that we have been
for a considerable time past " slumbering on a
volcano," the eruption being a question merely
of time. The worst that could occur would be a
continuance of the vacillating policy that en-
couraged aggression and led the would-be
spoliator to believe that we should purchase
peace at any price—and be willing even to
connive at robbery, if we ourselves obtained a fair
proportion of the plunder. France and England
have resisted the temptation. They have stood
firm, side by side, and shoulder to shoulder, and
it would be treason to chivalry, nay, more, im-
piety, to doubt that " GOD will defend the right."
All that is now required is that the people
should stand firm and refuse to sacrifice their
property. If they hold on steadily, the parties
who have over-sold themselves will have cause to
rue their reckless dealing. A large amount of
Stock must be obtained to liquidate the loans that
have been made. Never was there a time when
it was more essential that fundholders should
stand firm. Patriotism demands as vigorous and
decided a resistance to the unconscientious and
unjustifiable proceedings of the ursce minores of
Capel Court, as to the nefarious conduct of their
Leviathan brother the ursa major of Muscovy.

MONEY MA RKE T

THE OVERLAND MAIL,
1

AND
COMMERCIAL INTELLIGENCE.

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool on Saturday
were estimated at 4,000 bales, including 1,000
American taken for export. The market closed
with a downward tendency. The sales comprised
3,000 American, 200 Pernam and Maranham, at
61d., 80' Bahia at Rd. to 64d., 200 Egyptian at
63/4d. to lOW., and "(00 Surat at 2d. to 4d. per lb.
The share market opened dull but closed with a
better feeling.

The railway meetings announced are the fol-
lowing :

Company.

Date. Place, &c.
East Anglian Mar. 31, London Tavern.
Londonderry. & Enniskillen Mar. 28, Coleman-st-build.
Rouen and Havre Mar. 30, Paris.
Sambre and Meuse April 7, Belgium.
Shrewsbury and Birmingham Mar. 28, Shrewsbury.
Shrewsbury and Chester Mar. 29, Chester.
St. Andrew's and Quebec
(Class A.)
Toun., Jurb., Land. & Haslt Mar. 27, Brussels.
Western of France.. Mar. 30, Paris.
As the packet which brings over the United States
and Canada mails is a screw steamer, and easterly
winds have prevailed for several days, it is not ex-
pected she will arrive until about the middle of the
present week. There is such regularity in the
transatlantic communication, that the delay of a
day or two excites remark ; but Government have
taken up one or two of the finest steamers belong-
ing to the Cunard Company for the conveyance of
troops.

Trade in Australia is improving, with a brisk de.
mand for goods at Sydney.
Price of Gold—at Sydney, 31. 17s. ;at Mel-
bourne, 31. 16s. per oz.

The overland mail is telegraphed from Trieste.
The dates will be about a month later from Aus-
tralia, namely, to the 25th January ; and as far as
the outline enables us to form an opinion, there
was an :improvement in trade. This, however,
refers to Sydney, where the markets have through-
out been better than at Melbourne.
From, Calcutta it is stated that a fair business
was doing, and that the rate of exchange was de-
clining. The French General Orgom had been re-
called from Burmah, where he had been directing
the military operations of the forces hostile to
England. He returns to France.
The ship Hanover brings letters of Dec. 21 from
Port Philip. The Maitland has arrived from Syd-
ney, but her dates are only of October 25. We
have already had intelligence as late as the above
via Panama.

The proposed abolition of compulsory removal
of paupers perplexes some intelligent members
by the apparently opposed claims of justice to the
ratepayer and benevolence to the poor. Very
few, indeed, can successfully sustain the demands
of the close parishes. They have but too long
enjoyed a most unrighteous exemption ; too long
visited upon others the support of the sickness
and old age of those by whose labour they are
enriched. The spirit of the Poor-law is, that the
destitute shall be relieved by those on whom they
have the most natural claim.
Another class of ratepayers are, however, fully
entitled to a candid hearing. The open parishes,
and the large towns forming a union in themselves,
to which the adjacent close parishes, and perhaps
the adjacent unions too, have contrived to shuffle
off many of their poor, is it fair that they should
be saddled with all the paupers for whom they
have been hitherto compelled to find habitations,
and all that they will continue to have thrust
upon them ? Now, we beg the attention of all
our readers, interested in this important matter,
to two or three remarks. For one thing, it is
almost impossible that selfishness should do more
in this respect than it has done. All who could
be driven away from close parishes, compatibly
with carrying on their work at all, have
been got rid of. They are already fathered
upon the unfortunate unions and parishes which
could not repel them. There really seems
little likelihood that this evil can be much
augmented. Possibly a few worthless characters
may be got to migrate to towns who now will not
do so, because afraid to leave their parish ; the
preference for home is, however, so strong that
the danger is not great from that source.
But, on the other hand, the open parishes
should look at the certain relief which a great
part of them will be sure to gain in the course of
a little time. The effect of the union rating will
inevitably be to locate the labourers hitherto
thrown upon them nearer to their work. The
very complaints of the proprietors of close
parishes against union rating prove this.
They know that their righteous share of the
union burden will fall upon them, and as
they will have to bear the burden, whether
they denude their farms and estates of labourers
or not, it is clear they will have no motive for
doing it. They will, on the contrary, prefer to
have their workmen more within call, and ready
to commence their toil without the fatigue of a pre-
vious walk, frequently of several miles. As be-
tween parishes of the same union there will be

The splendid Liverpool clipper Marco Polo, was
wrecked entering Port Philip Bay, but fortunately
no lives were lost. She had a valuable cargo on
board, and it was doubtful whether she would be
saved.

The private letters from the Continent furnish
many items of interest. The Prussian Govern-
ment had been unable to refuse the application for
pilots to' the English fleet, war not having yet been
declared against Russia either by England or
France. Once on board, we shall know how to
retain their services. Sweden has marked down a
very liberal policy with regard to neutrality. The
ships of war of either party will be allowed to fre-
quent her ports and to provision there, but no ma-
terials of war will be supplied, nor can prizes be
taken in, except owing to stress of weather.
In accounts from Weser it is remarked that no
English or French subjects are now permitted to
cross the Russian frontiers, and English families
are quitting Russia. The commerce of Riga,
Odessa, and other ports was wholly impedied by
the prohibition to export gold.
The earn trade is very dull to-day, and prices
are lower, owing to the large supplies.
Before business had gone far enough to occasion
a fall, Consols were this morning quoted per
cent. lower, being 874• to /, as the news of Satur-
day is confirmed, and the announcement of the
Emperor's refusal will be made to Parliament this
evening, to be followed by the declaration of war.
At this.moment the prices are up again to 87/ 1.
It would appear, however, that neither capitalists
nor speculators have any intention just yet to sup-
port the market. Exchequer Bills have been 2s.
discount to 2s. premium, and East India Bonds
as low as 7s. discount.

Foreign Securities have been very heavy again,
and there is a further decline in Russian. The 5
per Cents. have been 83, but the 44 per Cents.,
which opened at 71k, have since improved to 73g.
Portuguese 4 per Cents, have been at 33 to 34,
Spanish 3 per Cents. at 344 to 35, and the Deferred
at 161 to 17. Mexican have been quiet at 224 and
Peruvian flat at 54 to 55 for the 44 per Cents.
Dutch 24 per Cents. have been marked 52.
In the English Railway Share Market, the de-
cline is about 4to 1 per Cent., but with limited
transactions. The London and North Western,
South Western and some other of the old under-
takings are lower than for some years. French
Shares have been depressed also, and in Luxem-
burgh there is a decline of 10s. to 15s.
All the miscellaneous shares are receding. The
Mines are dull, the Banks have been offered to some
extent, and the Australian Agricultdral Land
Company is about 1/. cheaper.

.---
( no motive whatever to interfere with the resi-
dence of workmen ; and as between unions, the
difference made by driving a few persons, likely
to become paupers, into another union, will not
be sufficient to render the practice common.
Adding these considerations to the unquestionable
advantage to the poor man, of not being compelled
against his will to leave the place which
has long become his second home, we
must think that the injury will be small,
if any, to the ratepayers in towns and open
parishes, while the poor will be greatly benefited.
At first it may seem hard to be compelled to re-
lieve those who have been unfairly thrown upon
us ; but the permanent tendency of the measure,
and it is to permanent results a legislator must
look, will be to locate the poor where they can
best earn their living. The needy will have no
inducement to quarter themselves on any union
but that which by birth, relationship, or employ-
ment, is most natural to them.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List. )

Rosiness done
3 per Cent. Consols Annuities 874 4 4 4
Long Annuities, Expire sth Jan., 1860
Ditto 30 Years, Expire sth Jan., 1860 5
India Bonds, £lOOO 7 d
Consols for Account 18th April B7 h 14.1
Exchequer Bills, 2d.
£lOOO
£5OO 2 d 2 P
Small 2 d 2 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Mexican 3 per Cont.
Peruvian Bonds, 44 per Cent.
Ditto 3 per Cent .....,...... ............
Portuguese Bonds, 4 per Cent..
Russian Bonds, 1822, 5 per Cont. £ St B3 x d
Ditto elti per Cent 714 34
Spanish Bonds, 3 per Cent 344 5
Spanish New Deferred, 3 per Cent
Dividends on the above payable in London.
Dutch Exchange, 24 per Cent. 12 Guil
Ditto 4 per Cent. Certificates ......
HALF-PAST TWO.
Consols
87i
Ditto April Account. 874

It may be well worth considering whether it
would not be possible to give legal effect to the
just principle, that where a man chiefly labours he
should have a claim to relief. It is the outraging
of this simple and equitable rule which has brought
such odium on the close parishes. There may be
some practical difficulties ; but they might,
we imagine, be easily overcome. A man's place
of daily labour must be within walking distance
of his home, and if it could be made law that the
union, ten years hence, and till then the parish
where the man works, must relieve him when a
pauper, nearly all the unwished-for workings of
the bill before Parliament would be effectually
obviated. It should be remembered, too, that
free trade in labour must, as in everything else,
be reached at last. It is as certain that labour
will distribute itself, in the long run, as accurately
as prices, according to the law of supply and de-
mand ; that is, if it be unfettered. The whole
community will be a great gainer, and the cases
of real injury to ratepayers—for compelling close
parishes to do their duty we hold to be no injury
—will, we believe, be very few. The good is
certain—the evils, we hope and believe, are chiefly
imaginary.

CABINET COUNCIL.—A Cabinet Council was held at
the Foreign-office, Downing-street, on Saturday after-
noon. The ministers present were the Earl of Aberdeen,
Lord John Russell, the Marquis of Lansdowne, the
Lord Chancellor, Earl Granville, the Duke of Argyll,
Viscount Palmerston, the Earl of Clarendon, the Duke
of Newcastle, the Chancellor of the Exchequer, Sir
James Graham, Sir Charles Wood, the Right Sidney
Herbert, and Sir William Molesworth. The Council
sat three hours.
HEALTH OF VISCOUNT PALMEESTON.—We are happy
to say, on inquiry at the mansion of Viscount Palmer-
ston on Saturday, that his lordship is much improved
in health, and is fast progressing to a state of con-
valescence.

Yesterday was the anniversary of the natal day of his
Royal Highness the Duke of Cambridge, who completed
his 35th year.
The Earl of Cottenham, -we hear, is on the eve of
leaving England on an extended continental tour. His
lordship intends residing abroad for four or five years.
The Earl of Durham, who is about to lead to the altar
the Lady Beatrice Hamilton, second daughter of the
Marquis of Abercorn, and niece by half-blood to the
Duke of Bedford and Lord John Russell, in his 26th
year. Her ladyship is in her 19th year. The ceremony
will take place shortly after Easter.
THE SPEAKER'S DINNER. —The Right Hon. the
Speaker gave his seventh Parliamentary dinner on Sa-
turday. The following were present :—The Earl of
Euston Viscount Emlyn, Hon. Colonel Lindsay, Right
Hon. Sir George Grey, Sir Graham Montgomery, Sir
Archibald Campbell, Sir Robert Price, Sir Henry Meux,
Mr. Hastings Russell, Mr. Stanhope, Mr. Seymour
Fitzgerald, Colonel Herbert, Colonel Hall, Mr. Smyth,
Mr. Granville Vernon, Mr. Ormsby Gore, Captain
Jones, Mr. Hankey, Mr. Du Pre, Mr. Thornhill, Mr.
Heneage, Mr. Floyer, Mr. George Sanders, Mr. George
Dundas, Mr. Deedes, Mr. Ingham, and the Secretary
and the Rev. Mr. arnier (chaplain.) Mr. Fellowes
was prevented attending through the death of an uncle,
and Mr. John Ball through indisposition.
COMMUTATION OF SENTENCE.—The sentence of death
passed upon Abel Burrows, at the last Bedford assizes,
for the murder of Charity Glenister, has been commuted
to penal servitude for life. The prisoner had been in a
state of frenzied excitement for some time prior to the
commission of the offence, and had made violent attacks
upon his father and wife ; and the result of an investi-
gation made since the trial into the state of his mind
leaves no room to doubt that when he committed the
murder he was an irresponsible agent. —Observer.

THE SUN, LONDON, MONDAY EVENING, MARCH 27, 1854

(By Submariw and European Telegraph.)
The steamer Bombay arrived in Trieste on the
25th, at half-past eight a.m., in 112 hours from
Alexandria, which place she left on the 20th. The
Ripon was to leave that day, with advices from
Calcutta, Feb. 19 ; Madras, Feb. 24 ; Shanghai,
Feb. 4 ; Hong Kong, Feb. 11 ; Singapore, Feb.
18 ; Penan n, Feb. 21 ; Galle and Bombay, Feb.
28 ; Burmah, Feb. 2 ; Sydney, Jan. 25 ; Mel-
bourne, Jan. 30 ; Adelaide, Feb. 2.
Bassein, in Burmah, is in a disturbed state.
Captain d'Orgoney, the French officer in the service
of the King of Ava, is on his way to France.
Trade at Calcutta fair. Indigo has fallen. Ex-
change 2s. ld., declining.
Shanghai is still in possession of the rebels, and
the rebel army is wintering at Fech Liu, 100 miles
from Peking. Exchange at Shanghai, ss. Oad.,
and falling ; at Canton, 4s. lid.
The returns from the gold fields in New South
Wales are increasing, and a rich mine has been
found at Tambarowa.