The Sun.
London, England, 1836-02-02 00:00:00

SHIPPING.-(THIS DAY.)

THEATRE ROYAL, DRURY-LANE.
THIS EVENING will be performed Auber's Opera of

THE BRONZE HORSE.
Yang, Mr. Templeton; Tsing Sing, Mr. H. Phillips; Tchin Rao,
%fr. Seguin ; Yanko, Mr. Duruset.
Stella, Miss F. Healy; Lo Mangli, Miss Poole; Toajin, Miss H
Cawse; Peki, Miss Shirreff.
After which, the Grand Comic Christmas Pantomime called
WHITTINGTON AND HIS CAT.

Harlequin, Mr, Ellar ; Clown, Mr. T. Matthews; Pantaloon, Mr,
Tumour; Haramscaram, Mr. W. H. Payne.
Columbine, Miss G. Iteekie.
To conclude with the new Grand Operatic Drama entitled
THE JEWESS.

Cardinal de Brogny, Mr. Warde; Prince Leopold, Mr Cooper; The
Grand Provost of Constance. Mr. Giubelei ; The Bishop of Constance,
Mr. Seguin ; Eleazar, Mr. Vandenhoff.

Rachel, Miss E. Tree ; the Princess Eudocia, Miss Forde.
Stage Manager, Mr. Cooper—Acting Manager, Mr. Yates.

The Box .office is open daily, under the direction of Mr. Parsons, of
whom Private and Family Boxes, Stalls, and Places may be obtained.
Boxes, 7s. ; Second Price, 3s. 6d.—Pit, 35. 6d. ; Second Price, 2s
Gallery, 2s. ; Second Price, Is.—Upper Gallery, Is. ; Second Price, 6d

(FROM LLOYD'S.)
DEAL, FEB. I.—Wind W. to S. W.—Arrived the Eliza
Ann, Burgess, from Virginia ; Nymph, Jefferson, from Ter-
ceira; Betsey, Ivey, from Odessa; Shannon, Brooks, from
Smyrna ; Thames, Lewis, from Dublin ; and Zephyr, Speirs,
from Exeter—and remain in the Downs. Arrived from the
river, the Ark, Stickney, from New York ; Jane, Senton,
from river Gambia ; and Elbe, Raboon, from Trieste—and
remain in the Downs, with the rest of the outward-bound.
PORTSMOUTH, FEB. I.—Wind W. N. W. to W., squally.
FALMOUTH, JAN. 31.—Wind W. S.W. to W.—Put back,
the Lord Melville packet, for Lisbon—been at sea six days,
having experienced very boisterous weather.
POOLE, FEB. I. Arrived off port, the John Bagshaw,
Hurdy, from Calcutta.
JERSEY, JAN. 29.—Arrived the Three Sisters, Le Bas,
from Figueira ; and Venus, Hamon, from Newfoundland.
GLOUCESTER, FEB. I.—Arrived the Carnation, Barrow,
from St. Michael's.
CORK, JAN. 31.—Arrived the Bob Logic, Evrington, from
St. John's, New Brunswick.
TOPSHAM, JAN. 31.—Arrived the Alarm, Holm, from
Fayal ; and Venus, Wood, from Faro.
DARTMOUTH, JAN. 31.-2 A schooner, dismasted, was seen
running this morning for Guernsey.
GREENOCK, JAN. 30.—A schooner, from Liverpool for the
West of Ireland, laden with salt, coals, iron, &c., was wrecked
at Islay, at the entrance of Boumore—crew saved.
WARREN POINT, JAN. 30.—The Reindeer, from Liverpool
to Valparaiso, which put in here 27th ult. with rudder damaged,
on the following day parted from her anchor, and grounded
on a bank in Cartingford Bay. She has since been towed
into a place of safety. The hull has not received damage.
LIVERPOOL, JAN. 31.—Arrived the Byron, Ackerman, from
New Orleans ; Pemiel, Scavitt, from Savannah ; and Mar-
garett, Russell, and Frederick, Hare, from St. John's, New
Brunswick.
CLYDE, JAN. 31.—Arrived the Lisbon, Hearn, from Lisbon.
GALWAY, JAN. 29.—A schooner, supposed to be the Union,
from Limerick to Glasgow, was upset near Sline Head,
23d ult.
LA POCTE, NEWFOUNDLAND, DEC. 10.—The Argus, of
ed, and abandoned, was
Plymouth, timber-laden, water-logg
fallen in with about Ist Oct., near the Ramin Islands, and
brought to an anchor, but has been driven on the rocks, and
gone to pieces--part of the cargo saved.

- - _.-------
The Hope, Gauntlett, from Sunderland to Lynn, sank off
the Humber, 29th ult.—one man drowned.
The Rose, Stephenson, from Newcastle to Norwich, was
run on shore in a sinking state, on the Spurn, 30th ult.
crew saved.

alle,frora Sunderland to Bordeaux, was
.11 ck
TO( C rs n from
morning—crew saved.
Liverpool to Limerick, was
drivdft 'on shore.at Islavjad ult.
11041fred Anna, Sallin, from Rouen to Paimpal, was
wrecked at Guernsey 29th ult.

The
lost o;

The Royal Adelaide, White, from the Clyde, was aground,
and frozen up at Bay Chaleur, 19th Dec.
The- Catharine, from Londonderry to Boumore, was
wrecked at Islay lath ult.—crew drowned.

Th SUN,--LONDON, TUESDAY, FEBRUARY 2, 18:56,

inch by inch, with the TorillOand then, when they
have gained possession of it, and put the enemy to
the rout, allow them no quarter. The PALAFOX
principle, of " war to the knife," must be their motto,
and their rule of action.

market price of the one per cent. reduction. Such a
measure, though for a time it would shake public con-
fidence in the faith of the Government, would operate

a thousand times less disastrously on the interests of
individuals, than a gambling speculation resting on the
basis of a general lottery. It is absurd for the Go-
vernment to allege that it has no money to pay pff the
principal of the Five per Cents., and yet to assert that
a reduction in the interest must take place in opposi-
tion to the will of the holders, because such interest is
exorbitant. If money can be had in France at 22,
or 3 per cent., as M. HUMANN affirms, what is there
to prevent the Government from raising a loan of forty
millions, and so ridding the country of the Five per
Cents. by one act ? The loan so raised would pay off
the present creditors without having recourse to paltry,
equivocating, and dishonest subterfuges. The holders
of Five per Cent. Stock will then be deprived of all
right to complain; for the Government did not bargain
to hold their money longer than while it might be
without the ability or the will to refund it.
It is doubtful what part the Government will take
should the motion for reducing the Rentes be carried
by the Chamber. M. THIERS has already refused
all information on the subject, contenting himself
with stating that the course Ministers would adopt
must depend upon circumstances—or, in other words,
upon the supreme pleasure of Louis PHILIPPE.
The KING is personally opposed to the reduction,
fearing that it will render him unpopular with the shop-
keepers and the National Guards, the majority of
whom are shareholders in the Five per Cents.
There is no news of any importance from the north
of Spain in these Journals. We are still without
authentic information as to the engagements between
the Christinos and the Carlists on the 16th and 17th
ult. From all that we have yet learned the success
on either side was of little consequence. Preparations
are on foot for more important movements, to be com-
menced as soon as the state of the weather, which is
dreadfully severe in the Biscayan provinces, will admit
of them.
PARIS, JAN. 30.—A letter from Brest, of the 26th, says—
" The Jupiter, of the line, and the Terpsichore frigate, are
preparing to put to sea, and it is thought they will sail to-
morrow or the next day, if the wind continues favourable.
The Jena will go into the road on the 30th. It is thought
that this ship, the Santi Petri, and the Hermione, forming
the second division, will sail in February."
We read in a letter from Valparaiso, of the 29th October,
that the Flora frigate, and Ariane and Thisbe corvettes were
at Peru, where they were detained by political events. It was
thought there would shortly be a decisive combat between the
two parties which have involved the country in the horrors of
civil war.
M. Jean Koechlen, the head of the numerous and respect-
able family of that name at Muhlhausen, died suddenly, in an
apoplectic fit, on tho 23d January, at the age of ninety years.
The funeral was on the 25th, which was a day of universal
mourning for the town of Muhlhausen.
The English Journals have announced that Mr. Cutlar Fer-
gusson had purchased, during his last visit to France, the
house which Napoleon occupied while he was engaged in his
preparations for an expedition into England. These Journals
have probably been led into a mistake. If we remember
rightly, the Emperor, while at the camp of Boulogne, did not
reside in the town. He resided at the Chateau du Pont de
Brigue, on the road to Montreuil, or came to pass a few hours
in his barrack, erected near the spot where the monument has
since been erected, and from which he could see the open sea.
The two great prisons in the Rue de la Roquette are now
being furnished, to be shortly inhabited. One of them, as
our readers know, is intended to receive great criminals, in-
stead of the Bicetre. The prison is surrounded by three walls
thirty feet high ; the principal door, which is of iron, weighs
10,000 pounds. The other, which is opposite, is to serve as
a house of correction ; it has five court yards, with fountains
in the centre of them ; it contains above 500 chambers.
Workshops are going to be fitted up, for the purpose of teach-
ing the young prisoners some mechanical profession, by which
they may gain a livelihood ; there will be a complete course of
education.— Courrier Francais, Jan. 31.

A brief report of the proceedings at a public meet- 1
ing, for the abolition of the Stamp Duty on newspa-
pers, held yesterday evening at the Hall of Science,
New-road, and presided over by Mr. WAKLEY, M.P.
for Finsbury, will be found in another column. We
notice the proceedings which took place at this meet-
ing for two reasons—first, to apprize Ministers of the
feeling which prevails with respect to the abolition or
reduction of this impost; and, in the next place, to
make a remark or two on the attempt which was made
by one of the leading orators on this occasion, to de-
fend the conduct of Mr. BULWER, in declining to
press his motion to a division on this important ques-
tion, when it came regularly before Parliament in the
course of the last session. There are few public men

for whom we have a greater respect than Mr. Bur,
WER. We set a high value upon his Parlia
mentary services ; but, at the same time, we can
not acquit him of having acted very culpably,
in withdrawing his motion on the subject of
the Newspaper Stamp Duty. Mr. BULWER and
his advocates on this occasion, talk about the danger
of embarrassing Ministers. Of course Ministers
must feel exceedingly grateful for such forbearance—
but at the same time we are yet to learn in what way
would Ministers have been embarrassed ? Will Mr.
BULWER pretend to have it believed that Sir ROBERT
PEEL would have headed the majority of the
House of Commons in the event of his motion having
been put to the vote ? Does the Hou. Gentleman
himself suppose that the Tories would undertake to
carry out such a vote of the House of Commons ?
And if they would not—as most assuredly they
would not—whence would arise the embarrassment
so much dreaded by Ministers, and of which Mr.
BULWER appeared so apprehensive ? If it is meant
that the embarrassments would be purely financial,
the whole affair is most absurd—alike ridiculous as
regards the abilities of the CHANCELLOR of the Ex-
CHEQUER, and the practical common-sense of Mr.
BULWER. A deficit in the revenue of this country
to the amount raised by means of the newspaper
tax, could embarrass no Minister capable of
wielding a tithe of her vast untried resources.
Had Mr. BULWER discharged his duty to the
country, on that occasion, he would have placed
upon record the vote of the House of Com-
mons in favour of a reduction of the Stamp-duty,
and thus have secured for the cause of suffering jus-
tice a moral triumph. Mr. HUNIE himself, then a
supporter and friend of Ministers, protested against
the withdrawal of the motion, and assured the House
that had he been aware that Mr. BULWER medi-
tated not pressing it to a division, he would have de-
clined to second it.
With respect to the Newspaper Stamp-duty, we
may take upon ourselves to state, that if not wholly
abolished in the course of the next Session, it will be
very much reduced. The Government cannot longer
resist the voice of the country.

The whole of the Paris papers of Friday, Satur-
day, and Sunday, have been received. Those of Sun-
day are filled with reports of the trial of the monster
FIESCHI, the details of which, during the first two
sittings, will be found in another part of The Sun.
The trial of this extraordinary criminal has excited,
comparatively speaking, no public interest in Paris.
But the proceedings are so uncommon in every re-
spect—as regards the crime, the criminal, and the
Court—that we have not abridged them very conside-
rably, knowing that they will be sought after with avi-
dity by readers of every class.
Ministers are not likely soon to get rid of the em-
barrassments in which the question of the reduction of
the Five per Cents. has involved in them. On Thurs-
day the nine Committees of the Chamber authorised
the reading of the following plan for the reduction of
the Rentes, drawn up by M. A. GourN. The Chiefs
of the Cabinet did not oppose the reading, which was
fixed for Monday's sitting :-
Ist Article.—The Minister of Finance is authorised, from
the date of the promulgation of the present law, to give to the
holders of the 5 per Cent. Stock, in exchange for their pre-
sent inscription, Rentes of 4 per Cent., or Rentes of 3 per
Cent., which shall be immediately inscribed on the great
book of the public debt.
2d Article.—The holders of Five per Cent. Stock shall
only have the right to make this exchange during the period of
three months, to be dated by a day fixed by a Royal Ordinance,
to be made in virtue of the present law. This exchange of
Stock can only be made on the following conditions : —The
holder of Five per Cent. Stock will receive for each five francs
of interest either an inscription of four francs of Rente, to
which shall be annexed six annuities on one head, not bearing
interest, and payable from year to year, to be counted from
the second six months which shall have followed the conversion
of the Stock ; or else an inscription of three francs of Rente,
to which shall be annexed thirteen annuities of two francs of
Rente, also not bearing interest, and payable from year to year,
as before-mentioned.
3d Article. After the expiration of the delay of three
months, prescribed by 2d article, the Minister of Finance shall
divide the Five per Cent. Rentes not converted into francs, the
reimbursing of which shall be decided on by drawings of a
lottery. He shall be authorised to reimburse all who have
not converted their Rentes, at par, i. e. 100 francs for each
5 francs of Rente ; and neNt, to reimburse them by degrees as
he shall realise the capital placed at his disposition for this pur-
pose, as well as out of the funds which shall be at liberty out of
the revenue of the Sinking Fund, in conformity with the law
of the 28th of June, 1833, and also out of the capital arising
from the negotiation of new Rentes.

Article 4. The Minister of Finances cannot negotiate
Rentes, the produce of which is to be employed in the reim-
bursement of Five per Cents., except these negotiations shall
be made publicly, and in Four or Five per Cent Stock, and at
such a price as will give to the Treasury at any rate an advan-
tage equal to that presented by the conditions of the conven-
tions established by Article 2.
Article 5. All the Five per Cent. Rentes which may be
converted or reimbursed by virtue of the present law, shall be
struck out of the great book. The diminution of the expense
which will be effected by this operation shall be immediately
calculated in favour of the budget ; nevertheless, one-half of
the sum produced by this diminution shall be every year applied
as a sinking fund for the annuities which shall have been
created. The mode of paying off these annuities shall be de-
termined by a Royal ordinance.
Article 6. The capital devoted at present to the Sinking
Fund of the Five per Cents, shall be divided between the
Four per Cents, and the Three per Cents, proportionately, and
according to the importance of the conversions effected in one
or the other of these Stocks.

It appears by the letter from our City Correspo
dent that LAKEMAN has been taken at Boulogne.

Perhaps we do not rightly understand this plan ;
but according to our comprehension of its provisions,
it differs very little from that of the witling who sought
to enrich himself by emptying the contents of one
pocket into another. If the compromise here held
out be worth aught to the creditor, it is worth
quite as much to the Government in the existing state
of things. But why seek to puzzle and mislead the simple
creditor? The object of these nostrum-mongers is to
reduce the interest on a certain amount of public debt.
The reasons assigned for having recourse to this mea-
sure are two :—first, that the interest is too high—
higher than could be obtained for money in the regular
market ; and secondly, that the country is not in a
condition to enable the Government to pay off the in-
terest from quarter to quarter. So far all is intelligible
enough. The interest of the Five per Cents. is to be
reduced, because justice and necessity alike demand
such a reduction. And now comes the question of
how the actual reduction ought to be effected. A
bold and able financier would have recourse to no un-
derhand schemes. He would at once declare, that
after such a date the interest on such and such
portions of the public debt would be reduced
one per cent. In the mean time, he would
mpriogvhitdepreffuenrdtsheifror
money to
paying
off such creditors as
the retaining the reduced
stock ; which after all would only amount to the