The Sun.
London, England, 1854-06-14 00:00:00

EVENING, JUNE 14, 1854.

:hr. Paid. RawsvATe. Compass. '-being Prices this day.
50 all Bedford and London &
Bletchley.... N. West ...
St. 100 Buckghamsh. L.&N.W. 94 96
50 all ClydesdaleJc. ealedon 94 96
St. 100 E. Lincoln gr.
6 per cant. Gt.Nrthn. 132 134 1334
25 all Glas. Barr. & Caldonian.
Neils. Direct
25 all Do. New. Do —
25 all Glstr.diDn.Fr Gt. Waste
100 all flrtlpl. Dk. & Yk. New.
Railway & Berw.
50 all Hull & Selby Y. &NMd 103 105
25 all Do. 4 Shares. Do 514 524
124 all Do. Shares. Do 254 264
13i all Lon.&Greenw 3. Eastern 124 134
20 all Do. Preference Do 224 234 •
20 100 Lowestoft gr.
4 per cent. Norfolk —
20 WO Do. 6 per ct.
5i all Aanch. Bxtn. L.& N. W.
and Matlock & Midld. 24 2i
50 all Uiddlesbro' & itckton &
Rcdcar Darliugt.
1(1C all Nfidid.Bradfd Aidland.. 93 03
50 all Northern and
Easternsp.e. Pl. Count. 56 58
50 Do. 6 per ct. D 0...
50 all Do. Fixcdsp eDo
25 all Prost. & Wyre h. &N.W
&Lu&Yk xd
124 12 Do. 4 Shares. Do — xd
St. 100 itoystn.& Hit. GtNortlm
St. 100 Do.Shepth.St Do ... ...
25 18? Shef. Roth and Lancash &
Goole g. 5 p.c. Yorksh.
12 9A 3. Staftordsh. W.Melean 2 lid
50 all ArearValleygi itockt. &
6 per cent... Darlingt.
25 all Do 2.0 30
St. 100 Wilts&Somrst GtWestn. 91 -- 93

PREFERENCE SHARES.

kberdeen .

Do. No. 2, p. c.
Blyth and Tyue 10 per
c. pref. (issd. at 500
Bris. & Ex. 4 p. c. St.
Do. 4 p. c. Shares
Caledonian £lO
Chester & Holyhead
Guar. 5i per cent
Cork &Bandonsip.e
Dundee Perth &Aber-
deen Junction
EastAnglian (£310s)1
6 per cent
Do. (£5) 7 per cent
Do. (£7l7s) 7 p. c
Eastern Counties Ex-

tension, 5 p. c. No.l
Do. No. 2
Do. New 6 p. c. St
Eastern Union, Scrip
Guar. 6 per cent
Do. 51., 10 per cent
Do. 10/. Debentr.Sh-
East Lancash. 6 p. cts.
East and West York-
shire June. Pref...
Edinb Prth. &Dundee

5
10
St.
5

5i per cent.
Glasgow & S. Western
Guar. 5 per cent
Great Northn. 5 p. c
Do. 5 p. c. Redeem.,
at 10 p. c. prem.
Do. 4i p. c. Scrip
Gt.N. of Scot. Ist Pref
Gt. Southn. &Westm.
(Ireland) Eighths)
Do. 4 per c. Prof. Sh
Gt. Westn. (Berks &
Hants Ex. 5 p. c)
Do. cov. red. 4i p.c
Do. con, red. 4 p. c
Dc,. irred. 4 p. c
Lan. & York. F. £2O
Do. 6 p. c. Stock
Leeds N. 6 p. c.
Do. Quarters, 1848
London and Brighton
Guaranteed 5 p. c
Do. Pref., 5 p. c. St.
Do. Convertible, 5 p.l
c., 1852

St.
St.
St.
16

Do. New Guar.6 p. c.
Lon. &N. W., Coy. &
Nuneaton

London & S. Western
Con. Thirds

Londonderry& Coler,
Shares

andy. & Ennis. Sh.
Nan., Shef., & Lin.,
Shares, No. 1.
Do. Now, £lO
Do. 46
Nfarypt.& Carl. 4 p.c
Do. 4i per cent
Do
Consol.6 p.c.St
Do. Consol. Bristol &
9.irm. 6 per cent
Do. Pref. 4i per cent
Norfolk Debenture
Do. Pref. 4 p. c. Stock
Do. 5 p. c. Ext
Do. 54 per ct.
Do. Way. Val. 5 p. c
North British
North Staffordshire
Oxford, Worcester, &
Wolverh. Xl5, 6 p.c.
Do

10
6
121
12
121
St.
St.

15
8A
8
101

100
LOO
[OO
100
100

scot. Cent. , New Pre;
ihrews. & Birm.N.G.
ihrewsby. & Chostm
(Nor. W. Min), 8 p.c.
Do. 5 per cent
south Devon

Oa. fixed, 44 per cent
S. Eastern (Readh4
Ann.) of £1 Os. 6d.
Do. 4 per cent.
i.Yorksh.4p.c.Guar
Stockton and Dar-

lington, 4 per cent
Do. do. do.
ockton and Hartle-
pool, guar. 5 p. c.
till Ist July, 1856,
Waterfd.&Kilk.6p.c.
York, Newcastle,and
Berwick,4 p.c. Pref
Do
Vork&N. Midlandll

9i :i.e

• ••

3. -3,

3i_ 4'
i P

lip
1p
131 -- 13i'

22 - 24

• •• '''''''

3 - 3i

.zd
[l5 117

107 - .109
10 - 104

7i 8
,„ -- scl

6 6A
66 98
87 89
91 93
Id— pa
133 135

• •• •

... '''... to.

2j- 3p

i 1 64
8 9
Par

[33 135
111 lad

100 - 102

10 -10 i
91
i -16 i
--10
1-- 13
i - 41
23 -23 i
99 -- 101
15 -- 20

a i'd

90 - 93
3 - 36

1 id

134 5

1011

MINES
1 all Aqua Fria
1 all Anglo Austrin. Gold #
108. all Anglo Californian par
10 2 Australasian
20 6 lustralian
1 all Australian Cordillera --
1 all Australian Freehold 4 -
1 all Ave Maria
1 all Baden (Gd. Duchy of) $
50 all Blacuarvon Ir. &Coal 10
1 all i'sritish Austrlu. Gold
20 13.5 British Iron
35 24i), Brazilian Imp . (issue d
at X 5 pin 44 5
30 all Do. Cocaes & Cuiada 14 24
20 15 Do. St. John Del Rey 30 —32
1 j Carson's Creek fr d
1 6 Clarendon Con. Min.:
Co. of Jamaica...—.
40 all Cobre Copper 44 46
5 1 Colonial Gold —
... 15 Copiapo
St. all Copper Min. of Eng 5O —6O
25 all Do. Pref. 74 p. cent 2 4 u
5 all English and Austrin
Copper Smeltg. Co
20 all General
2 all Great Nugget Vein._ $
2 all Do. Registered
3 all Great Polgooth
1 all Liberty -
3 all Linares
1 all Lond.&Californ.Gold
Quartz Crush. Co. ..
1 all Mariquita -
10 9 'ilexicau&S.Amerien 6 64
1 all New Granada # -
1 all New Linares Mining
and Smelting Co —
1 all Nouveau Monde -
20 all Pontgibaud Silver
Lead Miu. & Smelt 17 19
5 1 Port Philip Z
1 all luartz Rock
50 all Rhymney Iron
15 15 Do. New 94
30 104 iantiago de Cuba 34 41
1 all 'outlt Australian 4
10 7 rin Croft 2
284 all United Mexican 34 4
1 all Waller 4
1 all West Granada •••
1 all West Mariposa
1 12s. ,Yorthing Mining of
Australia. ...... •••
1 all Yuba
•
JOINT-STOCK BANKS.
40 all kustrala.sia 3O 82 '
40 all British Colonial Bank
and Loan Company ... •••
50 all British N. American ... •••
25 5 Chartd. Bank of Asia 1 id
20 2 Chrtd. Dirk. of India,
Australia, & China •••d
100 25 Colonial
100 20 Commercial of Lond — •••
20 12 English Scottish and
Australian 3 —24 d
20 20 Loud. Chart. Bk. of
Australia 2l 214
50 20 London and County ..•
50 10 London Joint Stock
100 20 Lond. & Westminster —.—
100 33 National Provincial
of England —
20 10 Do. New . .
50 224 National of Ireland —
20 all New South Wales —
25 all Oriental Bank of
Corporation 47 49xd ex b
25 5 Do. New -
100 25 Provincial of Ireland
10 all Do. New •••
5 1 Royal Australn.Bkg
& Gold Imp Co ...
25 all South Australia 43 45
25 all Union of Australia 7O 72
2. Do. New 7 - 9
50 10 Union of London: — •••

GUANO DISCOVERIES.—The Washington correspondent
of the New I oil: Daily Times, writing on May 29,
says :—" News has reached here from Mr. J. 'Yallamil,
of immense deposits of guano on the Gallipagosleland,
off the coast of Ecuador, situated half way betyreen San
Francisco and Cape Rom."

IMPERIAL PARLIAMENT.

HOUSE OF LORDS—(YESTERDAY.)
The LORD CHANCELLOR took his seat on the Woolsack
at five o'clock.

The following bills were read a second time :—The
York, Newcastle, and Berwick Railway (construction
of docks, &c.) ; the Cornwall Railway ; the Oxford,
Worcester, and Wolverhampton Railway (Stratford-
upon-Avon and Stourbridge branches) ; East Lama-
shire, Lancashire and Yorkshire, and Manchester and
Southport Railways ; Bagenalstown and Wexford
Railway (No. 2) ; Mellow and Fermoy Railway ;
the York, Newcastle, and Berwick Railway (Pontop
and South Shields, &c.) Bill, and the North London
Railway Amendments Bill, Were read a third time and
passed.
LEGISLATIVE COUNCIL (CANADA) BILL.
The Duke of NEWCASTHE postponed until Thurs-
day next this bill, on the ground that it had only just
been printed.

DIVORCE AND MATRIMONIAL CAUSES BILL.

The LORD CHANCELLOR, in moving the
second reading of this bill, gave a historical sketch of
the law on the subject to which it referred, and
which, he said, had engaged the attention of the Legis-
lature for a great many years. Prior to the Reformation
marriage in England as it was still in some Roman
Catholic countries, was treated as a sacrament and as
absolutely indissoluble, but recourse was had to vari-
ous expedients whereby marriages were declared to be
null and void from the beginning. In the reign
of Henry VIII., and afterwards in that of Edward VI.,
a commission was appointed to inquire into the state of
law connected with the Church, which included the sub-
ject of divorce, and they recommended that marriages
should be set aside for adultry, and a variety of other
causes. Their suggestions, however, were not carried into
effect, but they were so conformable to the feelings of man-
kind that, at the end of the sixteenth or the beginning
of the 17th century, divorces were granted by the eccle-
siastical courts a mend et thoro, but this only separated
the parties, and did not enable them to marry again.
Towards the close of the 19th century it was felt that this
state of the law subjected parties to great hardship, and
by means of a bill in Parliament, they were enabled to
procure a divorce a vinculo matrimonii, which placed
them in a position to again marry. Three years ago a
commission was appointed to inquire into the existing law,
and to suggest remedies for its defects. Their report was
presented to the house last session, and the present bill
was, with some slight modifications, founded upon that
report. Two classes of questions were considered by
the Commissioners —first, what was the class of cases in
which it would be safe and proper to permit
divorces ; and secondly, what tribunal could the
decision of such questions be safely and properly
confided. With regard to the first, the com-
missioners came to the conclusion, in which he entirely
concurred, that it was expedient to confine the ground
for a divorce to adultery on which for a century and a half
their lordships had alone granted divorces. In regard
to the second question, the commissioners proposed a
tribunal consisting of a Vice Chancellor, a common law
judge, and, an ecclesiastical judge. By the present bill
the Court of Chancery, taking the jurisdiction now exer-
cised by the ecclesiastical courts, would have power to
hear and determine all matters matrimonial, to make
decrees of nullity of marriage, divorces a menses et thoro,
for alimony, and restitution of conjugal rights ; and in
all such suits and proceedings it would proceed accord-
ing to the rules and principles which had heretofore
guided the ecclesiastical courts. The court of divorce
would be a new tribunal, and have power to dissolve
marriage, but only by reason of adultery on the part of
the wife, or of incest or bigamy on the part of the hus-
band. It was proposed that it should be constituted of
the Lord Chancellor, the Lord Chief Justice of the
Queen's Bench, the Master of the Rolls, and two other
persons to be appointed under the great seal, who would
most probably be two learned civilians. Although the
practice of dissolving marriage by legislation would be
abandoned, an appeal would lie from this new court to
the House of Lords, which would remain, as heretofore
the court of final resort.

Lord BROUGHAM expressed a general approval of
the measure, particularly of the departure from the
existing legislative practice, which made each case of
divorce a privilegium, and the substitution of a judicial
system. The transfer of jurisdiction from the ecclesias-
tical courts would impose but little additional duty upon
the Court of Chancery, while it certainly would not un-
safely extend the facilities for divorce ; but he thought
the constitution of the proposed new court would be
found to require some modification.
Lord CAMPBELL warmly concurred in the principles
upon which the bill was founded, but he entertained
doubts as to the efficiency of the judicial machinery by
which it was proposed to be carried out. He thought
that, as recommended by the commissioners, there ought
to be only one tribunal for divorce and all causes matri-
monial, which should not be the Court of Chancery.
Lord REDESDALE said that, as one of the divorce
commissioners, he had paid great attention to the sub-
ject, and had arrived at the conclusion that Parliament
ought to adhere to the old principle of our law, that
marriage was indissoluble. This bill, however, introduced
a new principle, that a court of law should have the power
of dissolving marriage, and he cautioned the house against
thus opening a door which, by creating an impression
that divorces could bo readily obtained, might be pro-
ductive of great social evil. He admitted that the exist-
ing legislative system was capable of improvement ; but
he denied that there had been any such great or general
demand for additional facilities in the way of obtaining
divorces as to justify the proposals contained in this bill.
Lord ST. LEONARDS, whilst giving a modified sup-
port to the hill, stated a number of points in which the
constitution of the proposed new court was defective.
He also objected, in some respects, to its intended mode
of proceeding. Too much labour, he thought, would be
thrown upon the Lord Chancellor and the Chancery
judges, by extending the jurisdiction of the Court of
Chancery; and he foresaw that the compensations to the
judges and officers to be removed in consequence of the
establishment of the new tribunal would be enormous.

The LORD CHANCELLOR having replied, the bill
was read the second time.

The High Treason (Ireland) Bill was read the second
time.

EXCHEQUER BONDS (6,000,000/.) BILL.
Earl GRANVILLE moved the third reading of this
bill ; and in the course of a very few observations, ho de•
nied that it was a loan bill in the proper sense of the
term.

Lord MONTEAGLE said he could not assent to the

third reading of this bill without calling attention to its
peculiar provisions. Complaining that the bill had been
introduced without explanations, and that it was liable
to be productive of signal disturbance in our financial
arrangements, he asserted that it was a loan bill and no-
thing but a loan bill. To deny this proposition was to
embark upon the intellectual effort of proving a distinc-
tion without a difference. It was proposed to raise
6,000,0001., at 4 per cent. This was a rate of interest
disproportionate to the rates paid on Consols and Ex-
chequer-bills, but the Government were obliged to offer
it because the security was distasteful to the public.
And this was done at a time when the rate of interest
upon the best securities in France had been lowered.
He asked whether it was not strange that in the course
of one year the rate of interest upon our unfunded debt
should be raised from 1. to 4 per cent. ? Yet this had
been done by the Chancellor of the Exchequer, and he
contended that such a fact was unexampled in the mone-
tary history of the country. The bill called upon Par-
liament to cast on the years 1858, 1859, and 1860, an
annual burden of 2,000,0001., in addition to the ordi-
nary ways and means of each year. This was incon-
sistent with the notion of providing for the service of
the year within the year • while there was obvious risk
in saying beforehand what would be the financial posi-
tion of the country in those years. But it was said that
when those years arrived the bonds would be replaced
by other bonds. If this were so the bill was an impos-
ture, for it contained no such power of substitution. This
might be one cause of the unpopularity of the new secu-
rities ; but there was another cause, which he would
point out. The public did not like any security which
was small in amount. A public security, to be effectual,
must be of sufficient extent to make a market for itself,
but in this case the 6,000,0001. had been divided
into three series of 2,000,0001. each, which was far
too small, while by the arrangements that had been
subsequently made, there were no very great facilities
for their transfer from hand to hand. His great objec-
tion to the bill, however, was to the power which it gave
to the Government to interfere with the Savings Banks
Act, by enabling the Chancellor of the Exchequer to
sell savings banks stock, and of investing the money in
the purchase of the new securities. He regarded this
power as extremely dangerous, and, observing that it
was not contained in the original bill introduced into
the House of Commons, he contended that, after 1858,
it would become part of the permanent debt of the
country. Thus the Chancellor of the Exchequer was
practically doing that which he professed not to do.
Adverting to the question whether these 6,000,0001.
was a loan, he submitted that, whether regarded by the
inspirations of common sense, or tested by the nature of
the case, it was a loan, and nothing but a loan. It was
said to be a provision for the temporary raising of money.
What was this, ho asked, but a loan ? In conclusion,
he admitted the general merits of the Government, par-
ticularly in their selection of war taxes, and said it was
with regret that he had felt himself compelled, by a
sense of public duty, to make these observations.
Earl GRANVILLE, in reply, said the noble lord
bad entirely failed to make out a case against the
bill. He denied that the new security was dis-
tasteful to the public ; and said the noble lord, in com
of the rise in the rate of interest,, had entirely
emitted from his consideration the state of the harvest
and the breaking out of war, circumstances sufficient to
account for the advance. There would be no embarrass-
ment whatever in providing for the payment of these
bonds in 1858, 1859, and 1860. We were now accus-
tomed to provide every year for 16,000,0001. or
17,000,0001. of Exchequer-bills ; and surely there would
be no difficulty in meeting 2,000,0001. a year for three
years. it was, in fact, idle to talk of difficulty from
such a cause. The omission in the clause relative to the
savings-banks, which the noble lord had mentioned, had
been made advisably, inasmuch as the words, had they
remained, would have led to ambiguity as to the powers
of the savings bank trustees to exchange stock for bonds.
It was monstrous that the Government should not thus
have the power of dealing with the public money in a
manner most advantageous to the public, for he denied
that the funds alluded to belonged to the savings-banks.
They belonged to the Government ; the Government
was responsible for them ; and he contended that their
investment of the purchase of bonds would be mlyeata!