The Sun.
London, England, 1838-04-11 00:00:00

TO THE EDITOR OF THE SUN.

Stri,—lnterested for nearly half a century in the trade and
commerce of this Metropolis, I have not been an inattentive
observer of the great improvements which have taken place in
our modes of communication, to which steam lays the first
claim ; while the results of railroads have been far more rapid
in their development, and more astonishing in their effects, than
could have been conceived ; and more particularly with re-
ference to those lines principally dependant on London, of
which first stands the London and Greenwich—the amount of
passenger-traffic has astonished the most sanguine calculators,
and, upon the originally proposed outlay, would have paid a
very handsome per centage. Profiting by the errors and enor-
mous expenditure of this line, the path appears clear as it
respects those now in progress ; and public feeling and interest,
I am happy to see, go on cordially with this view, which is
most strongly displayed by the value now and a few months
since.
To enumerate a few only, we have—
Brighton lately 7s. 6d. now 7/. per share.
Blackwell - 71.
Croydon 5l. dig. 21. prem.
Thames Haven
Of those nearer completion, viz. the London and Birming-
ham, Great Western, and Southampton, the almost universal
interest taken is resolved by the enormous amount of public
capital embarked, and the large premium that capital bears.
But, most decidely, I am induced to consider the Thames
Haven the first and most important ; from its locality it would
appear to be in fact the sea-port of this great Metropolis.
The noble Thames has heretofore been sufficient for all the
purposes of maritime communication ; but our population and
trade has so increased, that it is now only so as a pathway to
the Docks, and to the smaller craft, boats, lighters, &c.—the
larger classes, and especially our steam navy, if it may be so
called, requiring this port out of the river.
The two great objects in all communication, whether by
land or by water, viz., saving in time and expense, will be ac-
complished by the Thames Haven, to an extent hardly to be
contemplated ; and my object at present is to call public at-
tention to this undertaking, with a view of creating that inte-
rest, and eliciting that information from others, which w ill
place it in its proper position. The bearings of its benefits
are so extensive, as put forth in its public documents, in the
conveyance of passengers; in the'reduction and equalization of
the price of coals, are in itself sufficient to draw public attention
to it ; in the facility of bringing fish to market, and in the preven-
tion of accidents and loss of life in the river, which are all
questions for deep consideration to the philanthropist and po-
litical economist.

The results, in profit, I leave to others to calculate; but
they must be great in proportion to the good done.
I am, Sir, your obedient servant.
A MERCHANT AND LOOKER-ON.
April, 1838.

MONEY and COMMERCIAL MARKET.

---
( From the Morning Papers of this day.)
MORNING CIIRONICLE.—This was settling day in the English
Stock Market, and, nothing having transpired to affect the
value of our public securities in any way, almost the whole
attention of the brokers and jobbers was directed to the adjust-
ment of the accounts. It was not attended with any difficulty,
and occasioned no alteration in the quotations.
Nothing of any consequence has been transacted to-day in
the Share Market, and there is scarcely any alteration to
notice in the quotations.
The exportation of the precious metals from the port of
London for the week ending Saturday last, the 7th instant,
consisted, according to the official returns, of 10,933 oz. of
gold, and 72,896 oz. of silver; of which 6,410 oz. of gold
and 1,036 oz. of silver were shipped for the Mauritius, 71,860
oz. of silver and 690 oz. of gold for Van Diemen's Land, and
3,833 oz. of gold for New York.

TIMES.—By the advices from Hamburgh the price of gold
is 435,-1- per mark, which at the English Mint price of
3/. 17s. 10Id. the ounce for standard gold gives an exchange
of 13. 10-1, and the exchange at Hamburgh on London at short
being 13. 10, it follows that gold is 0.12 per cent. dearer at
Hamburgh than at London.
The premium on gold at Paris is 9 per milk, which at the
English Mint price of 3/. 17s. 101,-d. the ounce for standard
gold gives an exchange of 25. 374, and the exchange Paris
on London at short being 25. 55,
it follows that gold is 0.70 per cent. lower at Paris than in London.
The price of sovereigns at New York is 4.95, which esta-
blishes a par of exchange in paper of 111.37 per cent., and
the course of exchange at New York on London being 108
per cent., it follows that the exchange is 3.37 per cent. against
England.

MORNING Pos T. This was settling day in the Consol
Market, and but little other business was attended to. The
variations in the price of Stocks continue, in the meanwhile,
for t
to be
he quite unimportant in both Houses. 'Consols were quoted
cy 9 931 buyers.
Bogota papers to the sth of February have been received at
the North and South American Coffee House. They state
that the 49,933 arrobas of tobacco appropriated to the pay-
ment of the debt due from the Republic of New Granada to
the Columbian bondholders were put up to auction on the
16th of January, but had not been disposed of, no purchaser
having presented himself,,and that the property would there-
foreof March, according to the regu-
lationbe up amain
s and aconin o
conditions hntspe 9th
c4hed in the official Gazette.
Accouats had been received at Carthagena of a beautiful
steam-vessel, called the Susannah, having been launched in
Baranquilla, a circumstance which is much dwelt upon as a
most important achievement, no foreign vessel having been
found capable of navigating the river upon which she is to be
employed (the Magdalena.) The Susannah measures 140
Spanish feet in length, 28A- in breadth, and 7in depth. She
draws only 13 inches of water, and even when she has her ma-
chinery and cargo on board she will only draw 2i- feet. Her
timbers are exclusively of picked cedar of the best quality.
The plan of this vessel is, it is added, novel, and her con-
struction very strong.

BARON DE HABER v. DON CARLOS.

The Sun was the only Newspaper which noticed, on the
following day, the decision in the Lord Mayor's Court on the
important cause of Baron de Haber v. Don Carlos, given in
'avour of the plaintiff. We have since been much surprised
to find the whole of our Contemporaries imposed upon by a
fictitious report of this case, sent to them as having been tried
on Monday, whereas it was decided on Friday morning. The
verdict, as it would appear from the report of our Contem-
poraries, is not in favour of the plaintiff; and to set the public
right we subjoin the record of the Court :
" Five thousand certificates, bonds, paper writings, and
securities in writing, bearing date a certain day and year
therein mentioned, to wit, the 6th day of February, 1836,
by each of which various sums of money therein mentioned
were expressed to be secured to the holder thereof.
" Verdict for the plaintiff for 2,600 certificates, or paper
writings, part of the 5,000 within mentioned."
None but the Carlist party could have been capable of so
gross and artful an imposition upon our Contemporaries as to
falsify a verdict given in a Court of law. No language is
sufficiently strong to express our disgust of a party who
have recourse to such means, with a view to deprive the
most devoted:of their adherents of his rights, and to depre-
ciate and rob him of the securities awarded to him, as a por-
tion only of the just debt due to him by Don Carlos.
We hope that Baron de Haber will now be convinced of the
ingratitude of the author of the Durango Decree, in whose
cause he has employed his fortune, and devoted his time and
talents.
On this subject Baron de Haber has addressed the following
letter to us :
TO THE EDITOR OF THE SUN.
SIR,-It is no difficult matter to surmise a reason for in-
serting the report of this case in the papers of the 10th inst.,
five days after the trial, nor the quarter from whence that re-
port emanated; it is right, however, that the public should he
informed there is not a shadow of objection to my right to re-
cover, nor of doubt as to the impropriety which should have
compelled me to have recourse to such a proceeding, for the
purpose of obtaining repayment of advances made upwards of
four years ago, which legally as well as morally speaking it
ought to have been the defendant's first duty to provide for.
It is unnecessary to say more than that as between me and
the garnishee, it was not necessary to enter, nor could I have
been allowed to enter, into any explanation of the purposes for
which the certificates in question were placed in the hands of
the garnishee by Don Carlos. I was advised it was sufficient
for me that I found them there, and attached them, and thus
it became matter of surmise, and of surmise only, to the Learn-
ed Judge before whom the case was set down, what was the
value of the certificates, or for what purpose they were placed
in the hands of the garnishee, and he threw out some obser-
vations which were not considered of moment, or which ren-
dered explanation necessary, nor was it suspected that they
could have been tortured into the apparent opinion, expressed
on a case not fully before him. The simple question for adjudi-
cation is, I repeat was whether these certificates were or were
not the property of Don Carlos, and in the possession of the
garnishee. The Learned Judge doubted if they were of value
it was not necessary in that stage of proceeding to shew they
were, but they have been since appraised by two freemen of
the city to me at a large amount.
I am, Sir, your most obedient,
40, St. James's-place, April 10, 183 S. DE HABER.

THE SLTN, LONDON, WEDNESDAY, APRIL 11, 1838.