The Sun.
London, England, 1836-10-31 00:00:00

lity to any given point to intercept the flight of the
enemy. He also states that on entering Cordova on
14th, he overtook the rear of GONIEZ'S division,
seized too hundred muskets, a number of horses,
and released a multitude of prisoners and conscripts.
If he did so much, it may well excite surprise that
he so signally failed in doing more. But if, as he
stated himself in his despatch to the Captain-General
of Granada, which appeared in The Sun of Saturday,
he would have " annihilated" the rebels, had he
reached Cordova only three hours sooner, why
did he not pursue and overtake them ? He was nei-
ther encumbered with heavy baggage nor prisoners ;
three hours' march was therefore of no consequence,
especially as the rear of GoMEz's troops had not
passed the gates on one side when he entered the city
on the other. By delaying at Cordova, he sold an
opportunity for obtaining a signal victory over the re-
bels. Here we have treason or incapacity fully evi-
denced in the conduct of ALAIX. Again, what keeps
him now at Baylen ? The reason which he assigns
for remaining there is ridiculous. GOMEZ has already
cut off all communication between himself and Ro-
DIL, and what more than all proves the inca-
pacity of the QUEEN'S Generals, it is only now
discovered that the way into Estremadura is open,
and that he has every chance of escaping there,
without losing any valuable portion of his plun-
der. It is true that he has already been obliged
to part with the great bulk of his prisoners and
his heavy baggage ; but the money and plate which he
amassed in his expedition is still safe, and he has be-
sides nearly four thousand voluntary conscripts, whose
knowledge of the country is of the greatest possible
service to him.

The Secretary for the War Department has ad-
dressed a Royal Order, dated the 17th inst. to the
Captain-General of Old Castile, appointing him to the
command of the division lately under the command
of General PEON, whose deposition by his troops, in
consequence of his treachery in the pursuit of SANz,
at Reynosa and Oviedo, was reported in this Journal
of Saturday. A second Royal Order, dated the 19th,
directs the arrest of PEON, and that he shall be con-
ducted to the citadel of Segovia, there to be tried by
court-martial, Colonel LORENZO BAGGIERO being
appointed to act as Fiscal of the Court.
We need not here insist upon the fact, that we attri-
bute the long continuance of the civil war in Spain,
the successes that have hitherto attended the Carlist
expeditions, the disorders that have reflected so much
discredit upon the QUEEN'S Government, and most
of the savage outrages that have occurred during the
two last year 3, to the ignorance, cowardice, and trea-
chery, of the Spanish Generals. A more contemptible
set of officers never wore uniform. The army, to be
made efficient, must be purged of them. One half of them
are fit for nothing but the chimnev-corner, and of the
other half two-thirds are mere adventurers, without three
scruples of either honour or honesty. The Spanish
common soldiers are really fine fellows, and would
fight nobly, had they men capable of leading them
to victory ; but they are duped and betrayed by Ge-
nerals too worthless to be entrusted with the command
of a corporal's guard.
One of the most extraordinary incidents mentioned
in the Madrid journals is the concealment of General
Room in Madrid. In the Castellano we actually
find it stated that the Minister of War is at present
in his residence in the capital, and that he has lain
concealed there during the whole time it was thought
that he was at the head of a division of the army to
intercept the escape of GomEz. The Spanish Ge-
nerals are certainly a most valiant race. We need no
longer wonder at the success of the Carlists, where
they have not to contend with our brave countrymen.

The Cortes were to meet on the 24th. On the
22d, nearly two hundred deputies had arrived in the
capital. Senor GOMEZ BERCERA was appointed
President of the Chamber, and Senor GONZALEZ
Vice-President. The four Secretaries are Senors
SALVA, HUELES, BOZA, and LUJAN.

The QUEEN was in excellent health, and very po.
pular. Her MAJESTY was to open the Cortez it

Person.

Dutch and German Papers have just been received.
On Wednesday last the King of HOLLAND received
the Address of the States-General in answer to the
Speech from the Throne. Both the address and the
KING'S answer breathe a spirit of unanimity and con
ciliation.

A second Meeting of the Spanish Bondholders in
Paris took place on Friday, on the Bourse. The
Committee appointed to draw up the petition to hs
Majesty the King of the FREscii produced the docu-
ment as drawn up by M. ARNOULT. It ran thus :
" SIRE—The financial measures adopted by Spain, in 1834,
respecting her foreign debt, would have annihilated for ever
her credit in France, if the treaty of the quadruple alliance
had not reassured her capitalists.

" Sire, the influence which that treaty secured to your Ma-
jesty over the future destinies of Spain, the declarations pub-
lished by your Government, that said treaty should be strictly
executed, and the intimate conviction of the French capitalists
that their rights would never be abandoned by you, inspired
them with confidence, and they came to the relief of a royalty
your Majesty had sworn to maintain.
" Spain, under a Constitutional Government, cannot want
for resources to meet her engagements. Her extensive re-
venues, and the immense national property she has at her dis-
posal, enable her not only to pay exactly the interest of her
debt, but also to redeem it altogether in a short space of time.
The capitalists, consequently, had only to dread the mo-
mentary troubles occasioned by the efforts of the Pretender.
But those efforts could not avail if the means the quadruple
alliance possessed to paralyze them were brought into action.
The French capitalists accordingly had little or nothing to fear.
" Nevertheless, a civil war, which it would have been so
easy to stifle at its onset, has by degrees acquired such
strength that the Spanish Government was under the necessity
of applying all its pecuniary resources to its own defence. It
has suspended the payment of the dividend of November, and
thus reduced to misery an immense number of small capi-
talists.

" Sire, these capitalists address themselves to your Ma-
jesty as the source of all grace and power. They refrain
from reminding your Majesty, that so long as overt acts have
proved that the treaty of the quadruple alliance would be exe-
cuted, Spanish credit maintained itself. You know it, Sire.
But they entreat your Majesty to rest convinced that it was
only on the faith of that treaty they ♦ested their capitals in
the Spanish stocks; this assurance, they trust, will suffice,
convinced as they are of the deep interest your Majesty feels
for their situation.
" The maintenance of a constitutional Government in Spain,
the termination of a civil war, which, at the same time that it de-
solates that country, keeps all the passions of Europe in a
state of ferment, would re-assure the holders of the Spanish
debt, who would soon obtain, in payment of the dividend due,
something better than bills on the island of Cuba.
" Such is, Sire, the confident hope of the French capitalists.
If your Majesty deigns to interfere on their behalf, their hopes
will be shortly realized.
" In that expectation the undersigned capitalists have the
honour to remain, with the most profound respect, your Ma-
jesty's most humble and obedient servants.

"yaris, October 28, 1836." --
The majority of the bondholders approved of the
petition ; it was put to the vote, and adopted without
delay. A deputation was then named to present it to
the KING. The following resolutions; in the form of
a Protest, Were readdispaenrdseda.d—opted unanimously, after
which the meeting
gned holders. of the active debt of Spain pro-
test" The undersigned
against the mode
tohfepraeyvieng the dividend due on the Ist of
November in bills en
, until
Government, preferring
revenues of the island of Cuba, pro-
posed by the agents of the
to wait, in order to be paid
odf able to meet its
bettere dividend due.
that Government be placed
in more favourable circumstances, and
engagements, and effect the
payment
~ The non-payment of the dividend of the
llstofNovaesinthbeeyr
appeared to the undersigned the more unaccountable,
Madrid.
debt, duer
have been informed that the interests of the
on the Ist October, were regularly paid in
consider it extremely unfair to establish such a adistinctionincontes-
did.Thybee_
tween the creditors of the same State, who have an
tible right to be placed on an equal footing.
" Paris, Oct. 28, 1836."

We may judge of the desperate state in which the
Tories really consider their affairs to be, notwithstand-
ing the swaggering tone they assume, from the strains
of exultation which burst from their public organs,

when they have to announce any thing above the rank
of a pothouse meeting of their friends. If a hundred
Tories, drawn and driven together from all parts of a
county by the most urgent entreaties, and not unfre-
quently by the same intimidating process by which they
are dragged to the poll, can get up a dinner at the
principal inn of the principal town, it is an event which
sets every Tory cock a crowing louder than the
loudest note of chanticleer. Then the whole po-
litical aspect of the world is suddenly changed, and
nothing less than the immediate fall of the MEL-
BOURNE administration is prognosticated as the ine-
vitable consequence of the re-action which is so clearly
demonstrated by vollies of nonsense and ribaldry dis-
charged in the aggregate, after the same nonsense and
ribaldry have been twenty times before spurted forth
" in sundry parts."
We have a beautiful example of this species of
boastful and ludicrous exaggeration in the accounts
which the Tory journals give of a dinner concern at
Norwich, at which there was rather more than
the average attendance of guests, owing, as we have
said before, to the unscrupulous means used to
bring them up. Lord STORMONT, however, was a&
.sent. No doubt he had mistaken the day—as Lord
EASTNOR did, when he was to have taken the Chair
at the Kidderminster feed the other day ; or does the
Noble Lord begin to perceive that it is all up with him
at Norwich, and think it prudent to look out for a
snuggery in the North ? A few others, it is added,
were also absent, who ought to have been there ; but,
as if to make up for this lukewarmness on the
part of those who were absent, we are favoured
with a list of names, the great majority of which were
never, we will venture to say, seen in print before. To
the surprise of these worthy persons we are sure, they
find themselves dubbed Esquires. We should like to.
to know if this is the title conferred upon them, when
they appear cap in hand before the Squire or his Lord-
ship's Steward to plead for an abatement of rent.
At this Meeting, so constituted, presided my Lord
ORFORD, a pert, shallow, chattering, simpleton ; but
all the better qualified on these accounts for the posi-
tion which he occupied. He is, we believe, a descen-
dant of the great father of corruption, the notorious Sir
ROBERT WALPOLE, of whom POPE, who knew him
well, remarked that he never but once in his life—
" Smiled without art, or won without a bribe."

This scion of an ignoble stock, when his health was
drunk, declared that he owed the meeting an unspeaka-
ble debt of gratitude for patronising him. " What I
am" said he " it is fair to say you have made me."
Now no one can cast a glance at the speeches put into
the mouth of this personage without being convinced
that he made an ass of himself, and because the meet-
ing was chiefly instrumental in this, we confess not
very difficult process, my Lord ORFORD cannot find
words to express his gratitude !
Next to the Chairman, figured the Lord Lieu-
tenant of the county, Loid WODEHOUSE. The
scurrilous abuse, not unmixed with venom, which
this person poured out against his masters, the
King's Ministers, is no in other way remarkable
than as coming from an official, and we arre
almost inclined to say that the Whig Government is
rightly served when it meets with such insults. One
of its great errors has been keeping in it. service a set of
men asLordsLicutenant of counties,whowere placed there
for no other purpose than to keep down Liberal prin-
ciples, and give a Tory tone to the society at the head
of which they stood. Every one of these men ought
to have been dismissed. They and all the Tory ma-
chinery with which they were connected should have been
completely cleared out, and replaced by men on whose
support and influence a liberal Ministry could rely.
At all events, Lord WODEHOUSE must be discarded.
If this man be allowed to retain his office, Lord MEL-
BOURNE will incur and deserve the contempt of every
Reformer in the kingdom.

THE FUNDS.-(THIS I)AY.)

CITY, 7'll'EL-dB O'CLOCK.

Our arrivals this morning are two French, the Ostend,
Dutch, and Hamburg mails ; and ship letters from Quebec,
Tobago, Hudson's Bay, and Rio Janeiro.

THE FUNDS.

On Saturday last the chief operations at the Stock Ex-
change were in Exchequer Bills. The Bank were selling
these at 2d., and Government buying those of three half-
pence. The Bank was desirous to contract the circulation,
and Government to prevent the Bills of a lower denomina-
tion from falling to a large discount, and being paid in for
duties.

It appears that the private Banks have reduced the
aggregate amount of their circulation in the sum of
849,3081.: but the Joint Stock Banks have conjointly ex-
tended their shares in the amount of 381,057/. Discounts
continue much in the same state as last week.

Consols opened this morning at the closing prices of
Saturday, 88i for the Account, and the same for Money ;
Exchequer Bills, 1 3 ; India Bonds, 3 5 ; Bank Stock,
2051 206 ; India Stock, 256 257.
In the Foreign market Spanish Active may be quoted
at 201 ; Passive, 51 ;1; Deferred, 8-1- ; Portuguese,
55 56-1 ; Three per Cents., 36-,it ; Colombian, 223- ;
Mexican, 22i ; Dutch Two-and-a-Half per Cent., 531
The Memorial des Pyrenees assures us that the several
diplomatic agents who have left Madrid have received
orders from their various Courts to assemble at Pau, there
to wait further orders. It is also stated that a Congress
will take place" in a short time to discuss the affairs of
Spain. A manifesto has been published at Paris of a
curious description by the ex-Minister Isturiz, and measures
have been taken to prevent it entering Spain.

HALP-PAST ONE.

We learn from a respectable quarter that accounts have
been received from Madrid, stating that negotiations were
on the tapis between our Ambassador there and the French,
to put an end to the destructive war in Spain, with the agents
of Don Carlos. It is stated that the proposals are for the
young Queen of Spain to marry the son of Don Carlos,
after which he is to leave Spain ; the latter he does not
wish to comply with, which is the great obstacle of bringing
the negociation to a final issue. Don Carlos is very anxi-
ous to have a part in the Regency. _

Consols may be quoted at 88i f for the Account, with
very little doing. Exchequer Bills, lid. par ; 2d., 2 prem. ;
India Bonds, 4 3 prem. ; Bank Stock, 206 ; India Stock,
256 257.

In the Foreign Market it is settling day, and at present
the Account is going off well, no defaulters having been de-
clared ; upon the whole the settlement is not ofan exten-
sive description. Spanish Active, 19i 20i ; Passive,:h ;
the Cuba Dividend Debentures are about 26i, being at 74
discount ; Portuguese, 55i i ; Three per Cents., 361; Co-
lombian, 22i ; Mexican, 22i ; Dutch Two-and-a-Half per
Cents., 53i i.
BELGIAN F UNDS—Bausens, OCT. 29.
Actual Debt, '2% per Cent.
Rothschild's Loan, 5 per Cent. lOO
Loan of Thirty Millions 92N
Loan of City, 1832, 4 per Cent lOO
Society of Commerce, 4 yi per Cent. 143
Bank of Belgium, 5 per Cent 124
—Brussels Papers, Oct. 30.
AUSTRIAN FUNDS.—VIENNA, OCT. 21.
Five per Cents. Metalliques
Four per Cents.
Three per Cents.
Bank Shares 1342
—4llCenieine Zeitung, Oct. 28.
Very little business is doing in either of the Markets.
TIMER O'CLOCK.
Consols for the Account, Bsl i.

Yesterday forenoon a numerous flock of wild geese,
forming a semicircle, were observed flying over St. James's
Park towards the south, which is considered as indicative
of a severe winter.

Between the hours of nine and ten o'clock on Satur-
day morning the following dreadful accident occurred at a
house now building in Clarence-place, Regent's Park :
Mr. William James, foreman to Mr. Newman, of Albany-
street, architect and builder, was superintending the fixture
of some massive ornaments on the upper story, and, whilst
standing on the scaffolding, one of the pulleys supporting the
planking having slippod from its hold on the wall, gave way,
and Mr. James was precipitated to the basement flooring,
and fell with tremendous violence upon some flag-stones,
placed endways, from a height. of about fifty feet. In falling,
Mr. James came across an iron. girder with such force that
he bounded up off it, and then f!ll the remaining distance to
the ground. He was taken up in a dreadfully injured state,
and instantly conveyed to the hospital, where it was ascer-
tained that the unfortunate man had fractured, in a most
extensive and serious manner, his breast bone, and also dis-
located several of his ribs. He had likewise sustained a
violent concussion of the brain, and his death was momen-
tarily expected. Mr. James has a wife and large family.