The Sun.
London, England, 1836-09-15 00:00:00

LEWES MARKE L.—Sept. 13.
Per Quarter. s. d. to s. d. Per Quarter. s. 61. to P. d.
Wheat, White ... 59. 0 57 0 Oats 2O 0 23 0
.--- Red 4S 0 53 0 Pease 32 0 35 (1
Barley 3l 0 33 0 Oil Cake...ll/. Cs.:per Thous.tud.

Lord Seymour and his Lady have arrived at the
romantic seat of the Duke and Duchess of Somerset in De-
vonshire, where they will remain some time, previously to the
return of his Lordship to town, to resume his official duties at
the Treasury. ,
THE DUKE OF WELLINGTON—MEETING AT
THE MANSION-410USE.--.A. -'preliminary meeting was held at
the Mansion-house yesterday morning for the purpose of making
necessary arrangements for calling a public meeting on the
subject of erecting an equestrian statue in honour of the Duke
of Wellington, the Right Hon. the Lord Mayor in the chair.
A Provisional Committee of twenty-one gentlemen, consisting
of the Lord Mayor, Mr. Alderman Scholey, Mr. Alderman
Wood, Mr. Alderman Winchester, Mr. Alderman Fare-
brother, Mr. Alderman Humphrey, Mr. Alderman Lainson,
Charles Barclay, Esq.. M. P. Mr. Serif Salomon;,
Weston, Esq., Chadwick, Esq., -- Jones, Esq.,
W. Simpson, Esq., E. Tickner, Esq., Dr.. Golding,
&e. &c., were appointed to make arrangements for call
ing a public meeting. The Lord Mayor trusted, now a
Committee had been appointed, it would meet with a unity of
purpose, and that no exertion would be wanting to carry into
effect the object they had in view—viz., raising a statue in
honour of the Duke of Wellington.

THE PRINCE OF CAPUA.—The Gazette du Midi,
of Marseilles, says :—" We are assured that the Prince de
Capua has returned to this town, and received a communica-
tion from the King, his brother, through M. Caraffa, the Nea-
politan charge d'Affaires at Paris. A pension has been
offered to him, on condition that he will take up his residence
at Brunn, in the Austrian States. The Prince would have
been permitted to return to Naples, and even received at Court,
had he not insisted that his wife should be treated with the
honours of a Princess, and, consequently, that his children
should inherit all the rights of royalty. This pretension, how-
ever, is totally unprecedented. Even the present King of
Prussia, on marrying the Princess ile Leibnitz, assigned to her
no other rank or honours than thoie which were granted by
Louis XIV. to Madame Maintenon. If the Prince de Capua
will yield to these reasons all may be reconciled—his domestic
happiness with state rules, and his marriage with:the dignity of
the house of Bourbon.

The Quarterly General Court of Proprietors of the Bank
of England tools place this day, James Pattison, Esq., M.P.,
in the chair. The minutes of the last Court having been read,
The GOVERNOR observed that this was one of the General
Quarterly Courts appointed by the Charter, and it was also
one of the half-yearly Courts appointed by the by-laws to con-
sider of a dividend. He had to announce to the proprietors
that the Court of Directors after maturely considering the
state of the affairs of the Corporation, had resolved upon de-
claring a dividend of 4/. per cent. upon the capital stock of
the Company for the half year ending the 10th of Oct. next.
Mr. SAMUEL WELLS wished that the 12th by-law should be
read before any discussion took place. They had a duty to
discharge that day which he believed was very little un-
derstood.

The by-law having been read,
Mr. FIELDER rose to order. He objected to Mr. Wells
taking any part in the discussion of that day, inasmuch as he
was not a proprietor, having no stock standing in his own
name on the books of the Company. He did not wish to
make any assertions that were not founded upon fact, and he
would, therefore, draw the attention of the legal adviser of the
Corporation to the matter, for the purpose of putting a proper
construction upon it, if he (Mr. Fielden) was wrong in his
view of the case. It was expressly laid down in the charter
and be for one was most anxious that there should be no de-
viation from the terms of that charter), that no person should
be allowed to vote or interfere in any matters relating to
the Government, or the management of the Corporation
who had not standing in his own name, and not in trust—
( Hear, hear)-5001. or upwards of the capital stock of the
Company. In page 20 it was provided, that at the request of
any proprietor, any person may be called upon to take the oath
of allegiance, and shall at the same time swear that he is pos-
sessed of that amount of stock. The By-laws also contained
a simiirtr provision, and which prevented any person not so
qualified from being present, or voting at any general court of
proprietors. He would now call upon the Governor to know
whether the name of Mr. Samuel Wells was on the books of
the Company, as a holder of stock in his own name ? Be-
cause, unless such was the case, he had no right to take any
part in the discussion.
Mr. Youso, to shorten the discussion, would call upon the
legal adviser of the Company to state his opinion upon the
matter.

Mr. WELLS claimed a right to be heard in reply.
Mr FIELDEN said, the simple question was, whether the
gentleman was a proprietor or not ?
Mr. WELLS had heard the observations of the gentleman
with great patience, and hoped he would be allowed to vindi-
cate himself. He did not pretend to say he was a proprietor
capable of voting, but there were corporate rights that per_
sons were capable of exercising without voting. For the
general purposes of the Corporation he had, as he contended,
as much right to discuss, as the Hon. Gentleman who had
made the charge against him.
Mr. Sheriff SALOMONS rose to order. He thought, if any
rule was laid down with respect to Trustees, it should be the
act of the whole Court.
The GOVERNOR thought it would be desirable that the
Court should allow the Hon. Gentleman to say what be
wished, and afterwards the Counsel for the Bank would give
his opinion upon the subject. If the Court wished to hear
the Learned Counsel's opinion first, of course he could have
no objection to the adoption of such a course.
Mr. YOUNG said that it was a matter which was easily as-
certained whether the gentleman was a proprietor himself or
only a trustee.
The GOVERNOR—No doubt Mr. Wells was a trustee, as he
held upwards of 7001. stock in trust.
Mr. MAULE, the standing counsel for the Bank, stated that
upon the present occasion he had no hesitation whatever iii
giving his clear opinion, though, generally speaking, it was
much better to have a case laid before counsel ; but in the pre-
sent instance he had been favoured with the opinion of Sir
Arthur Pigott, with which be fully concurred, and that opinion
was that persons who were trustees had neither a right to vote
or attend the Court of Proprietors.
Mr. FIELDEN felt it his duty to enforce the By-Laws, and
move that Mr. Wells should be requested to withdraw.
Mr. WELLS said that it was not his intention to interrupt
the proceedings of the meeting, and he should therefore at
once bow to its decision. He regretted, however, that he had
not been allowed to make the statements he wished. The
press, however, was open to him, and he should certainly avail
himself of it to give to the public that information which he
was not allowed to do through the medium of the Court.
Mr. FIELDEN begged it to be understood that he had not
made the observations be had done personally to Mr. Wells,
but only for the purpose of a strict adherence to the charter by
which they held all their privileges;
Mr. Sheriff SALOMONS put it to Mr. Fielden whether he
would insist upon his motion after Mr. 'Wells had stated that
it was not his intention to address the meeting.
The GOVERNOR thought it would be better to withdraw the
motion.
Mr. FIELDEN then withdrew his motion.
Mr. SADLER wished to know whether the dividends were
made up by the profits of the Company, or any part made from
the rests?

The GOVERNOR said, that perhaps it would be better
for him to read the rest as it was twelve months ago.
The rest in February 1836 amounted to 2,734,0001., and now,
in September, it was 2,727,0001. The proprietors would per-
ceive that there was a diminution of about 7,000/. during the
last year. That diminution was to be accounted for by a se-
vere loss which the Bank suffered by melting a large quantity
of silver coin in 1831, which had accumulated to a great ex-
tent in the years 11429 and 1830. In 1831 the Bank had
melted for the benefit of the country silver coin to the amount
of 600,000/., upon which the loss would be about 60,0001.
From that time to the present the House had been endeavour-
ing to convince the different Governments that they
ought to pay the Bank that loss, but all the Govern-
ments had been against them, and the Directors during
the last half year had given the Governor and Deputy
Governor power to accept the only compensation Government
would allow them, viz., a scinorago upon the coinage of the
silver. The Governors had therefore accepted the 30,0001.,
which the Proprietors would see had been voted by the Par-
liament. The loss then—the difference between that sum and
the actual loss—had been written off the rest during the pre-
sent half-year, which accounted for the apparent loss. It
would be satisfactory for the Proprietors to know that the rest
would have been encreased 24,000/. had it not been for the
loss he had mentioned, and the amount which had been written
off on account of Fauntleroy's forgeries.—( Hear.)
Mr. FIELDEN said some misapprehension was abroad in
the minds of the Proprietors relative to the understanding of
the Bank with the Bank as to the payment of the 100,000/.
per annum which was allowed them for transacting the busi-
ness of the country. He understood that they were to re-
ceive that sum, without any deduction. Was he right in so
understanding it ?
The GOVERNOR said, most certainly.

Mr. SADLER begged to thank the Governor for his satis-
factory explanation, but his question was not yet answered—
was any part of the dividend taken out of the rest ?
The GOVERNOR said ,that question he had already answered.
To meet the losses stated by him, and to pay the dividend, the
rest would be reduced by 7,0001.
Mr. SALOMONS then begged to be allowed to ask a question
upon a matter which had caused a very great deal of specula-
tion and discussion in the newspapers during the last few
weeks.

The GOVERNOR suggested that the question of.the dividend
might be put first, and then any observations might be offered
by any gentleman.
Mr. BLAexatumz thought everything that could be said
had reference to the question of a dividend, and it ought to be
discussed.

The GOVERNOR put the question of a dividend of 4/. per
cent.

Mr. BLACKBURNE said if the other gentlemen gave way,
he would most certainly persevere.—(Loud cries of " Ques-
tion! question I Dividend I") He was determined to say a few
words upon the question of a dividend, for he considered that
the proprietors had not sufficient grounds laid before them.
Mr. SALosioNs rose tq order.—Unless the Hon. Gentle-
man confined himself strictly to the question before the Court
he must give way to him. He (Mr. S.) was first in possession
of the' Court.—(Loud cries of " Question ! question I")
Mr. BLACKBURNE would say a few words, but they would
be few, as he knew his duty too well to detain that Court
needlessly. He thought that in forming their opinion upon a
dividend, they should not act unless they-had sufficient grounds
laid before them, to form a judgment. He did not think that
they had a sufficient statement of the accounts of the Bank
before them—he by no means wished that their enemies might
be furnished with a statement of their private affairs, but thought
a general account might be made out for the satisfaction of the
proprietors. Had such accounts been furnished, the proprie-
tors would not have been kept in ignorance of the loss upon
the silver coin for five years. The question, that a dividend
of 41. per cent. upon the capital stock of the Bank for the
half year ending in October be now declared.—Carried una-
nimously.

Mr. SALOMONS was rather unaccustomed to public speaking,
and hoped the meeting would extend its indulgence to him.
The subject which he was about to bring before them was one
of very great importance, not only to the interests of the Com-
pany, but to the prosperity of the commercial world at large.
It could not have escaped the notice of the Proprietors that
tlrieucodndeuet of the Bank of England had been very much can-
vassed in the newspapers of late, and reports very much to the
prejudice
of that establishment, which should be above
such comments, had gone abroad.—(Hear, bear, hear.) It
was stated that the course they had lately pursued for
their own protection had been influenced by petty and selfish
motives. He thought it highly important that such remarks
th shouldatth
eCompany
notlommspautiy
ficreidl
had
do
been
abroad—
merely thatit
actuated
by a sense
should be shown.
what was due to itself for its own protection, and for the se-
curity of the public. It was necessary that all those interested
in the high character of that establishment should be satisfied
upon that point, and he now begged to know whether the
''

Bank had adopted the conduct lately pursued by them for
their own security or from a spirit of rivalry and hostility to
other rival establishments ?—( Oh !)
The GOVERNOR believed his observations might be confined
to the question put in the latter part of the Hon. Gentleman's
remarks—namely, whether their conduct latterly had been
actuated by any feeling of rivalry or hostility to other estab-
lishments? He could unequivocally declare, that it waa no
such thing—that no feeling, of rivalry had come across the
minds of the Directors. They had been actuated by no such
unworthy motives, but merely from a deep sense of what wa,
due to themselves and to the country.—(Cheers.) It was
their duty to take care that the reflux of bullion should not be
too rapid—they were bound to take care of the metallic cur.
rency of the country. All their objects had been directed to
that end, and he could unequivocally declare, that no littleness
of spirit had ever actuated or would actuate their conduct.

Mr. FIELDEN was much obliged to the person who had put
the question, as it would set the conduct of the Bank of Eng-
land right with the public. He would now beg to ask whe-
ther they did not act upon the same system towards the Banks
of England and Scotland, which had characterised their pro-
ceedings in 1825 ? Whether they did not look upon all parts
of the Empire as an United Kingdom ? He was satis-
fied that the answer would be in the affirmative, and
he would therefore merely refer the proprietors to what had
been the conduct of the Bank of England in the panic of
1825. The records of Parliament told them that the Bank
had then advanced no less a sum than 320,0001., that within a
few days they had discounted 4,200 bills, amounting to
7,500,0001. to spread over the United Kingdom. In the course
of another week they had discounted 7,000,000 more, making
altogether nearly 16,000,000 of money to protect the interests
of the commercial world. This, it should be perfectly under-
stood, was the conduct of the Bank of England in the panic
of 1825.

Mr. YOUNG—That the conduct of the Bank of England
should attract the attention of the public need not ex-
cite any surprise, as it had a very large influence upon
the monetary system of the country.—( Cries of " Hear.")
The Directors were therefore bound to watch the proceedings
of the country with a jealous eye, and he believed that they
possessed so far the confidence of the Proprietors, that they
were satisfied they would always conduct their proceedings
upon such principles as would promote the general pros-
perity of the country._( Hear, hear.) They would, how-
ever, be very blind to their own interest, if they did not
protect themselves, more particularly at a time when the sys-
tem of Joint Stock Banks was diffusing itself over the coun-
try without a sufficient knowledge of the means by which such
establishments should be conducted. On the last discussion rela-
tive to the charter, it was expressed by Lord Althorp arrange-
ments would be made, by which country bankers would issue the
Bank of England paper instead of their own. Ile regretted
that tthe Legislature did not compel the joint-stock banks to
publish their accounts, in order to ascertain what their liabili-
ties were—( Hear, hear)—and until that wholesome control
was established, he feared the country would not be properly
protected.
Mr. SALOMONS considered that it would be for the interest
of both parties if they could be on good terms with each other.
Mr. FIELOEN said he should not feel that he was doing his
duty, if he were not to take the present opportunity of movirg
a vote of thanks to the Governor, Deputy-Governor, and Di-
rectors, for the course they had pursued, with respect to the
subject that had just been disposed of.
Mr. SADLER, before that question was put, begged to ask
in what state the Branch Banks were at present ; whether they
were yielding a profit, or bringing loss upon the concern ?
The GOVERNOR had the satisfaction of infOrming the Court
that the Branch Banks at the present moment were acting
exceedingly well.

Mr. SADLER having received so satisfactory an answer
to his first question, begged to put another, which was, whether
it was the intention of the Governor and Directors to discon-
tinue any of the branch banks that were then in existence.
The GOVERNOR said that at present it was not their inten-
tion to do so.

Mr. FIELDEN then requested the Governor to put the ques-
tion of a vote of thanks to himself and the Directors. How-
ever delicate he might feel in doing so, he must feel it, as it
had been moved and seconded.

The question was then put and carried unanimously.
The GOVERNOR returned thanks : he should always consider
it his duty to act upon the same principles in future
as he had already done, considering it for the welfare of all
parties concerned.
The GOVERNOR then stated that the Dividends would be
paid on the 1 Ith of October, and the Court adjourned.

IRISH WHEAT.

TO THE EDITOR OF THE SUN.

ESTEEMED FRIEND—As thy Paper has extensive circulation,
I feel desirous of calling thy attention to a subject of vast im-
portance to Ireland, before the poor half-starved farmers part
with this year's crop of Wheat. The failure of the corn crops
in the United States of America has advanced the price of
Wheat and Flour much higher than in this country, and as all
the Wheat in Ireland is kilndryed, it will stand the voyage to
America well, either in Wheat or Flour, and the present price
of both in Ireland is as low as the bonded, taking into account
the quality of the Irish, which is fine, and the inferiority of
the bonded ; thy taking the price of Wheat and Flour from the
Market Accounts of Liverpool, and the price from the Ame-
rican letters, which are likewise to be depended on, will then
open the eye of the merchant to see it would be to their in-
terest to ship Wheat and Flour to the United States of Ame-
rica, rather than to Liverpool. Letters appear weekly in the
Mark Lane Reporter from America that may he relied on,
and with other information, would throw great light upon the
subject, and do a great deal of good to both countries. The
Mark Lane Reporter is so confined as to circulation, compared
with thy Paper, that the real state of things is but little known.
A word to the wise is sufficient, and a constant reader will
soon see whether the subject calls forth thy attention.

From a WELL- WISHER to the
IRISH NATION.

London, 9, 13th, 1836.

The Duke and Duchess of Beaufort will entertain
in the course of next month, at Badminton Park, the Duke
of Wellington, Lord Chesterfield, and other distinguished
persons.
The Marquis and Marchioness of Lansdowne will
leave Bowood Park, in Wiltshire, early in the ensuing week,
for town, to make preparations for a visit to the capital of
Germany.
The Marquis and Marchioness ,of Bristol are enter-
taining a family circle at Ickworth Park, Suffolk. The Duke
of Rutland is expected to join a shooting party in November.
The Earl of Kerry intends to remain at Konigsberg
until the end of the autumn.

The Earl of Stair, whose death was some time since
reported to have taken place, is in Paris.
Earl Fitzwilliam and his family have arrived at
Wentworth House, from his seat, Coolatin, in the county
Wicklow.

Lord Glcnelg arrived in town yesterday, from
Cashiobury Park, Hera. _ _

Lord Forester is entertaining a fashionable circle at
Willie-Park. The Earl and Countess of Chesterfield will
join the party after Doncaster races.

Lord Melbourne arrived in town yesterday morning,
from his country scat, Brocket Hall, Herts.

Sir Robert and Lady Peel are gone to Havre-de-
Grace, with the intention of remaining abroad for a very short
period.
The demand for money is on the increase in the
city and manufacturing districts, and some difficulty is felt in
ncgociating even excellent bills of exchange.
Sir Andrew Leith Hay, M.P., arrived from Scotland
on Monday, and has gone to Dover to join Lady Leith Hay,
who has been residing there for some weeks.

The General St-earn Navigation COm
an 's magni-
ficentdy steam-ship, Monarch, arrived at Blackwall yesterday
pmorning from Edinburgh, after a fine passage of forty-two
hours. ,
The General Steam Navigation Company's new,
splendid, and powerful steam-packets, the Ocean
Bull, left Hamburgh on Saturday, and,
notivlictebs' and John
tanding the
boisterous weather, made a fine passage, and arrived at the
Custom-house yesterday, at two o'clock.
e c 6ased andcrcrept
wt ihnil in
On Saturday evening three labourers were employed
Brown, a baker,
to repair an oven belonging- to
Surrey-row, Southwark.;
he was
aidunable to
;wo of them were asleep intoxicated,ththeeyunwfee7tLanlira,itzead
the oven, when the heat overcame him,
e his companionsthe in-
struggle out ; his cries the poor fellow
was soon
mates, through whose
so dreadfully burnt that l was im-
mediately conveyed to
St.
afteriv • Hospital, where lie died
in about a quarter of an aids. in the most excru-
ciating agony.
NEEDLES; _
Theseimportant articles were for a
,
d zaniest exclusively by
long period
riancommencement
shortly after the of their manufacture in this
ti was the superiority of British ingenuity that the
country, ,such r like the
German market, French, has been supplied to
• 1 makers ; the trade
Engl' 1 rale or has, however, rested for many
years with i
~ no improvement until the introduction of
the silver Polished Needles by Mr. Walker, which, from their
extraordinary advantages, appear likely to supersede all others.
They are said to work with great ease, and to consist of the
finest steel, alloyed :
---in a peculiar manlier, with minute portions
of other metals, giving them a remarkable strength, and a sil-
very surface equal to the brilliance of a diamond.
COOYER'S " RESIDENCE IN FRANCE."—The
forthcoming new work by Cooper, the celebrated author of
" The Pilot," &e., will contain in addition to the account of
his residence in France during a very important epoch in the
annals of that country,' a narrative of his excursion up the
Rhine, in which the descriptive powers of the great American
' of his book is
novelist are strikingly manifested, This portion