The Sun.
London, England, 1853-04-02 00:00:00

TO THE EDITOR OF THE TIMES.

Sir,—The delaration of certain persons, professing to
speak in the name of the Merchants, Bankers, and others
of the city of London, which has been presented as an
Address on their behalf to Louis Napoleon, scarcely
deserves more notice than it has received at your hands.
But I beg your permission to give publicity to the fol-
lowing facts, which may in some degree neutralize the
effect of a proceeding liable to be misrepresented in
France, and likely, I fear, to lower this country in the
eyes of world.
This Address was not votrd or adopted at any public
meeting ; the attempt to get up such a meeting failed,
for it was ascertained that any such proposal would have
been met by decided opposition on the part of the mer-
chants and bankers of London, not inferior in position to
those who have lent their names to this document.
The signatures were therefore obtained by private cir-
culation, solicitation, and, to some extent, misrepresen-
tation, for many of those who signed had no idea of the
object to which it was to be applied. Indeed, there is
nothing in the wording of the document to show that it
was to be used as an address at all. Lord J. Russell
was asked, as one of the members of the city, to head
the list, but declined to do co and it has been justly re
marked in Paris that the deputation was not introduced
to the Emperor by the British Ambassador. I believe,
moreover, that it will be found, if the secret history of
this transaction is ever brought to light, that while some
members of the deputation joined it as friends o
Peace Society, others' are already largely interestedf the
in
are at
various commercial speculations in France, and
patron-
age d re
this very time soliciting further concessions
a
from the French Government
for their servility to the "august
throne" of Napoleon 111. a c!rcuni
SCRlP.stance which,
in some degree, accounts
-

------
* Mr. Mastelman's name appears already as one of those
to whom the new railway from Bordeaux to Lyons has
been conceded.

----- THE CONSTANTINOPLE NEW BANK.—From Constanti-
tinople the stactaempietanit
cis raepcaabteaednditcotahrbaeet tithoeoog.oootlia.,titotands
fel. the establishment of
isa new__ _ almost concluded.
The
t is to mortgaged. as a security for
15 hoped, however, that not a shil-
lingthe
tbhls country unless the engagements
hus.utederloldftisiEesdgtyionp
can be
of the last bank are previously fulfilled by an ample in-
demnity to the holders of the loan.
NEW YORK MONEY MARKET. —The additional intelli-
gence from New York describes no further alteration in
the money market. The lowest rate of discount'was 7
per cent., and the pressure was still sufficient to cause a
supplye and
of bills upon England to be forced on the mar-
ket, prevent for the present any remittances of
specie. After the publication of the quarterly accounts
of the banks, facilities, however, would be extended
usual, and a rapid recovery in prices was likely to take
place. Meanwhile, it is quoted as a proof of the general
soundness of the trade of New York, that not a single
failure has oecurrPd in that city. At Baltimore some
provision-houses have stopped, the chief of them being
that of Lewis and George Cassard, whose liabilities are
alleged to amount to a sum nearly equal to 200,0001.
The details of the last news from California had been
received with great satisfaction, the amount of gold ship-
ped from San Francisco, exclusive of sums in the hands
of passengers, during the first two months of the pre-
sent year having been equal to 2,160,0001. against
935,000/. in the corresponding months of 1852.
CUSTOMS. —Mr. Culling C. Smith, one of the Commis-
sioners of Customs, and the oldest existing member of
the board,
is oarcvl,er has
taiig
slrily
retired from
connectedfrn t,h e public service. Mr.
mar-
riage, with the late Duke of Welliiniaglioinig, baneednhsiso,dabuyghters
being the present Dbchess of' Deaufoi 5. It is believed
that the vacancy caused by the late retirement of Mr. Cul-
ling Smith, and also that by the late retirement and sub-
sequent decease of Mr. Lushington, will not be filled up;
thereby effecting a reduction of two in the number of the
board as formerly constituted.
DISSATISFACTION AMO.NG RAILWAY SE R VAN TS. —A
feeling of dissatisLetion With the present rate of wages
has been manifested by the servants of the railway
companies centring at Manchester, and something like
a combination exists among them to raise the scale
of remuneration. At present, we believe the managers
of the various companies are in conference as to what
steps shall be taken, and we cannot, therefore, say
what will be the decision. The men connected with
the Lancashire and Yorkshire ask for an increase of
15 per cent.

DR. PUSEY.—This well-known priest has lately visited
Exeter. The reverend doctor has administered religious
consolation to divers ladies with whom .he is a favourite
confessor. .Dr. Pusey appears to hair° kept Lent with
great strictness—he looked very meagre indeed.— West-
ern Times.