The Sun.
London, England, 1836-10-28 00:00:00

THE SUN, LONDON-, FRIDAY, OCTOBER 28, 1836.

PRICES OF STOCKS THIS DAY AT ONE O'CLOCK.
Bank Stock.
.i per ('ent. Had. 8714% \ Ditto Bonds spm
3, Cr 34

, per Cent. Cons 885 y, ..i.7i; .31 South Sea Stock
314 per Cent ... ..... -
Ditto Red 961414 !New Ditto --
New 3 p..,r Cent 98%,:i 7Tty !3 per Cent. Annuities, 1751 —
New 3 per Cent — j Exch. Bills, .f. 1,000 3 1 2 pm.
[lank Long4nnuitiesto expire iDitto 500 4 5 pm.
Jan 5, 'Se i 0 l4 9-16 1 Ditto Small
Oct. It), lea 1414 ' Ditto Commercial
Jan. 5. 15i'.0 14.'4 ! Ditto Advertised __ --• pm
Jan. 5, Val.., — Bank Stock for Acc0unt........
April 5, 1880 — !India Stock for Account 257
Jan. 5, 1570 —lConsols for Acconnt 88%%
Oinniurn — pm. I

PRICES OF FOREIGN FUNDS THIS DAY AT ONE O'CLOCK.
Austrian Bonds Peruvian Bonds —
Iklizian Bonds Ditto Account —
Ditto Account . .. Portugueseßonds —
Brazilian Bonds
Ditto Account
Buenos Ayres Bonds
Ditto Account — I Ditto, 3 per cent. 36 5%
Conan Bonds — Prussian Bonds —
Ditto Account
Columbian Bond-
-1 Ditto Account —
Ditto Account
Columbian Bonds, :804 22% Spanish Bonds —
Ditto Account ........ ........ Ditto Account —
Dinish Bonds . — Ditto Bonds, 1934... ..... 20%%%%
Ditto Account
1 20% 12%
Greek Bonds — French, 5 per cent. .... ..... --t. —4'.
Ditto Bonds, 1t42.5 —! --- 4 per cent —f. —c.
Ditto Account —i —.2 per cent. —4'. —c.
Mexican Bonds, 5 per cent —' Exchange ......f. —,.
Ditto Account —, Dutch, 214 per cent. ........... 53%%
Ditto, 6 per cent.
Ditto Account — Ditto, 5 per cent IWO 99 Ti
Neapolitan Ditto Account —

PRICES OF SHARES THIS DAY AT ONE O'CLOCK.
Paid. Per Share.
Cata Branca Mining Company . O.:, 6%
Great Western Railway Company 3O 40% 40 1.9
Brighton( Rennie's)
London and Blackwall Railway
London and Birmingham Railway Company 7O 128
London and Southampton Railway Company
London and Croydon Railway Company l3
London Grand Junction Railway
South Midland Railway Company 1 0%
London and Westminster Bank 2O 22

Arrived. Due.l
0 4merica 0
0 Srazil
Burn(); Ayres... 0
0 Carthagena 0
1 Dublin...
0 Flanders 0

MAILS.
,Arrived. D. e Arrived. Due
i 0 France 1 0 Lishon 0
0 Guam. &Jersey 0 0 Malta
0 Hamburg 0 0 Mexico 1
0 Holland
0 Jamaica
0 Leeward Islands Il 1 Waterford 0

HIGH WATER AT LONDON BRIDGE TO-MORROW.
Morning... ...... 45minutes after 4 I Evening...... 6 minutes after 5.

HAMBURG, SEPT. 28, 1836.
nUR Friends, and all those who may have to write
to us, are requested to be particular in directing,
HEINE BROTHERS, in HAMBURGH,

and to observe, that a letter with one inclosure doubles the Postage
only, but several inclosures would by far increase the same. Thus
101., 2.0/., or 301., for instance, if remitted in One Bank of Eng-
land Note would only cause double Postage, but 101. remitted in
two notes, would be liable to a much higher charge. It is there-
fore most advisable, for any Person having to remit Money to Ham-
burgh, to forward the amount in One Note; or having to receive
Money from Hamburgh, to receive the same in One Note, when-
ever possible. Of course remittances from Hamburgh to England,
surpassing the usual amount of One Bank of England Note, may
rather be made in Bills of Exchange, on London.
To save expenses that may as well be avoided, we request our
Correspondents not to overlook these particulars.
HEINE i3ROTHERS.

LONDON,
FRIDAY EVENING, OCTOBER 28, 1836.

The following important letter appears in the Ame-
rican Papers, which arrived this morning. It was
written by an eminent mercantile House in London
(the Times says T. \VIGGIN and Co.) to their Agents
at New York and at Boston, who have circulated it,
by means of the Press, through the United States. It
will be seen, by a reference to our City article, that it
has, as might have been expected, occasioned no small
sensation among the capitalists and merchants of the
metropolis :

" London, Aug. 20, 1836.

" Dear Sir,—We were informed to-day by an active in-
telligent Director of the Bank of England, that more British
capital has been absorbed by American and continental
houses than can be spared, without injury to the commereiAl
and manufacturing interests of this country—that the di-

rectors of the Bank have decided that they will take mea-
sures to check the sale of such securities, by refusing to
discount bills of exchange drawn in those countries on
houses here, however high may be their standing or credit.
This decision places all Louses in jeopardy that do
business with American dealers in British merchandise,
because remittances are usually made in payment for such
merchandise in bills of exchange on such houses ; and if
the decision referred to is rigidly enforced, such remit-
tances will be unavailable till due. Under such circum-
stances, we deem it prudent to state, that we do not
feel bound to continue our usual facilities to dealers in
British merchandise, and that we reserve to ourselves the
right of regulating them according to existing circum-
stances. We hope this decision will not be rigidly en-
forced, and, if not, that we shall be able to act with more
liberality than we now think probable. It is desirable that
our correspondents should be made acquainted with this
state of things, that they may be governed by it in making
out orders for merchandise the ensuing season, which we
hope will he unusually small."
_ _

The mercantile community at large have much rea-
son to complain of a proceeding so unfair—to use a
gentle term—on the part of a Bank Director, as that
of communicating to favoured individuals the informa-
tion which ought either to be kept a profound secret,
or laid before the public in the most unreserved manner.
We give no opinion as to the propriety or impropriety
of the course pursued by the Bank of England, with re-
spect to bills drawn by American houses, for the pur-
pose of increasing the metallic circulation of America
at the expense of our own. That may, or may not, be
a right course ; but if a suspicion is to be thrown upon
all American bills—if those drawn against our ma-
nufactured goods, in the regular bona fide transactions
of commerce are to be 'refused—the usual privilege of
discount at the Bank of England under the pretence of
preventing the exportation of the precious metals—it
appirs to us that not only a severe injury will be
done to our manufacturing interests, but that the osten-
sible purpose of the Bank will be frustrated by the di-
minution of our exports, which it should be our busi-
ness to increase, if we wish the exchanges foreign
countries with
countries to turn in our favour. l large export
trade, implying, as it does, a great consumption of our
manufactures abroad, has hitherto justly been considered
a sign of national prosperity ; yet see the effect produced
by the Bank policy T. Our merchants now deprecate
extensive dealings with their foreign customers, and
we actually find a first rate firm expressing a
the ensuing season maaylibielouunguhsuthaellybrsemacafillo';
hope that the orders of their correspondents " for mer-
chandize
emnacteteorns itlhaevepaturtrnoefdthoeutp,
peaching
Director is the
conAfids
same, little actual mischief, we apprehend, will result
from it. Much to the credit of the house to which
the communication of the intentions of the Bank was
made, before it was made to the public, it gave the
earliest possible publicity in America to the informa-
tion which it had received.

At the North Derbyshire Reform Dinner, which
took place at Chesterfield on Wednesday last, and was
given by the electors of that Division to their Repre-
sentatives in Parliament, Mr. GISBORNZ, who was

present, addressed the company at 'greater length on the
subject of the House of Lords than has yet been done
by any of the Reform Members. He observed that
he was opposed to the proposition for creating more
Peers ; for, in the first place, it would be the means
of taking a million a-year out of the rental of the
country, and locking it up in the House of Lords,
inasmuch as no number short of a hundred new crea-
tions would answer the purpose, and each new Peer
must at least be in the possession of ten thousand
pounds per annum ; and secondly, because it would
render the House of Lords infinitely more unma-
nageable than at present, and because also the country
could obtain no security or bond, that the new Peers
would vote in the way that was expected by those at
whose instance they were created. To the proposition
for making the House of Lords a responsible, by making
them an elective body, the Hon. Member expressed
himself equally averse, and for these reasons, that
"he was a great admirer of the forms of the
old Constitution, and could imagine nothing more
glaringly incomplete than a new one, unmellowed by
time, and unsanctified by'old associations." Now this
is sophistry, not argument—a begging of the question
instead of a grappling with it. All Constitutions must
at one time or other have been " unsanctified by old
associations." Mr. GISBORNE'S objection, therefore,
amounts to a mere nullity, or rather it has no mean-
ing at all. Supposing it, however, to be a tenable
one, then by a like process of reasoning the Hon. Gentle-
man must have been an advocate for the continuance
of the boroughmongers in Parliament, because they
were a nuisance which was mellowed by time, and
sanctified by old associations. Having discussed these
two points, Mr. GISBORNE next proceeded to deve-
lope his own plan for bringing the Lords to a sense of
their duty. He observed that " he would do
away with the positive power of the House of
Lords by reducing it to a suspensive power. He
would give them the power of reviewing every measure
that passed the House of Commons, and that they
should have a power to suspend the measure, for it was
frequently very useful to the country, that it should be
called upon to consider its own measures." This pro-
position is a reasonable one, so far as it goes ; but its
defect is, that it is only a half remedy, instead of being
a whole one. The evils of the House of Lords must
be remedied by the application of a stronger nostrum
than Mr. GISBORNE suggests, or the next Session
will be little more effective than the last one.

A pamphlet purporting to embody practical views
and suggestions for the permanent improvement of Ire-
land, in the form of a letter addressed to the Marquis
of LANSDOWNE, has been submitted to our notice.
We know nothing whatever of the writer, except that
his name, as we learn from the pamphlet, is LYNCH,
and that he has devoted a considerable portion of
his time to the consideration of the best means of
ameliorating the condition of the Irish poor. As
every suggestion which has for its object the re-
moval of human misery is more or less entitled to
some share of public attention, we should be wanting in
our duty to our readers, did we not submit to them, in
a condensed form, Mr. LYNcres views on the most
practical method of improving the physical and moral
state of the working classes in Ireland. We are not so
wedded to a Poor Law system of improvement as to
exclude the examination of every other ; neither are
we disposed to withhold our support from any remedial
measure approved of by the people of Ireland, though,
in our opinion, falling far short, in its operation, of the
great good which might be achieved by the working of
a Poor Law based on, and embodying the recornmen-
tions of the Commissioners in their third report. Our
great desire is to see something or other• done for the
good of Ireland. We want a practical demonstration
of British sympathy in favour of nearly two millions of
indigent, starving fellow-creatures. If one remedy fail
there can be but little difficulty in substituting another,
and even the most signal failure would be attended with
a temporary relief to thousands, without entailing upon
any class greater misery than is now shared directly or
indirectly by all. Men of all parties, creeds, and fac-
tions, unite in admitting that something must he done
to ameliorate the condition of Ireland. We want that
something to be done soon, in order that if it do not
succeed, another something may be substituted in its
stead. We know Ireland well enough to be satisfied
that she only wants fair play, and equal chances of im-
provement with England and Scotland, to rival them in
enterprise, in industry, and in social order.
Mr. LYNCH proposes, in the first place, that a
Bill be passed, authorizing the LORD LIEUTENANT
of Ireland to appoint Commissioners, to superintend
the reclaiming of all waste lands and bogs throughout
the kingdom :—that these Commissioners shall have
placed at their disposal 1,000,0001. of Exchequer
bills, secured on the entire property of the proprie-
tors of the reclaimed and reclaimable wastes and bogs,
in proportion to the full amount, with interest, expen-
ded on each estate :—that the law to this effect shall
be so framed as to enable proprietors to give such se-
curities, otherwise unable to do so, in consequence of
mortgages and other settlements of a similar nature :
that the Act shall further empower all proprietors of
wastes to grant leases of them for a term not exceeding
sixty years, and that during that time the land shall re-
main tithe free. Presuming the law passed, the Com-
missioners appointed, the Exchequer bills issued, and
the landlords favourable to the system, Mr. LYNCH
thus points out the way in which it ought to be made
to work :

The landlords are first to apply to the Commission-
ers, with plans, &c., stating the sum of money which
each may require in order to effect certain improvements
upon his estate. If the application be approved of, the
Commmissioners, after obtaining security, shall issue
one third of the sum agreed upon ; and when it is as-
certained that this money has been properly expended,
another third shall be given, and so on till the whole
is absorbed by the improvements. When the land is
reclaimed, the Commissioners are to cause it to be di-
vided into parcels of not less than twenty acres, and
to erect on each a cottage, with suitable offices, and
also to enclose a garden. In three years these farms
would let at 201. each, and as he calculates the expense
of clearing the land at 51. an acre, and the building of
a comfortable dwelling, with offices, at 501., the rental
would return an interest upon the capital of 134
per cent. The effect of this plan, in his opinion,
would be that in fourteen years the whole of the Ex-
chequer bills would be redeemed ; the landlord would
receive 11. an acre for land, from which he does not
now draw a penny in twenty years ; Ireland would be
all under a state of high cultivation ; the inhabitants
would be provided with an abundance of food and la-
bour ; the great bulk of the population would have an
interest in preserving public order ; education would
be generally diffused ; and the necessity for any system
of compulsory maintenance entirely obviated and re-
moved.

Such, in substance, are Mr. LYNCH'S views, and
though we cannot allow them the merit of originality,
they are unostentatiously put forth, and certainly en-
tainly entitled to the consideration of those who refuse
to join us in calling for a Poor Law for Ireland. In
the absence of a Poor Law, we should certainly rejoice
to see such a system as Mr. LYNCH recommends
adopted by the Government.

Among the political rumours in circulation on the
subject of foreign affairs, there is one which we con-
sider worthy of the notice of our Government. It is
stated—on what authority we know not—that the King
of the FRENCH has entered into a treaty with Russia,

the purport of which is, that for the recognition of the
independence of the Belgian Crown by the CZAIi,
LOUIS PHILIPPE will tacitly leave the Peninsula to
its fate. We cannot conceive what great interest
France can particularly have in purchasing, at the ex-
pense of faith and honour, an empty acknowledgment
which cannot be long withheld by any Power, the
more especially as the Belgians no longer dread the
menaces of Holland. To suppose that family ambi-
tion alone has led to the ratification of so disgraceful a
compact is more than we are disposed to do, before it
is proved that the treaty really exists, and that it origi-
nated with the French Cabinet. We have lately had
so much reason to suspect the designs of the CITI-
ZEN-KING, that it will excite no surprise, if, on
some occasions, we appear to over-estimate the im-
portance of isolated facts, and to pay too much regard
to unauthenticated assertions. We may further ob-
serve, that were our Government more alive to the
importance of the intrigues which are now carried on
in the French capital, most probably the Press of this
country would considcr it a duty to exercise a greater
degree of caution, in dwelling upon the conduct of
our Continental Allies.

The first act of the Provincial Parliament of Lower
Canada—the address in answer to the Speech from
the Throne—is not calculated to allay the fears of

those who apprehend that there is no immediate pro-
spect of a perfect reconciliation between the House of
Assembly and the Legislative Council. The Session
was opened on the 27th of September, when the
Lieutenant-Governor addressed a speech to both

branches of the Legislature, deploring the injuries which
the public service had sustained in consequence of
their dissensions, and recommending, in the KING'S
name, a mutual forgetfulness of past differences, and a
prompt regard to the absolute necessity of no longer
withholding the supplies. This is all we need say of a
document, which, as soon as received, we submitted to
the public, accompanied by some observations of our own.
We have now before us the address of the House of
Assembly in answer to the speech of his Excellency the
Lieut.-Governor, in which the Legislative Council is
openly and violently denounced as systematically opposed
to the rights, liberties, social happiness, and education
of the Canadian population ! The following extract
from the Address, is conclusive on this head :
" Your Excellency, in limiting the subjects to which you
have called our attention under the present circumstances,
has no doubt been actuated not only by the motives ex-
pressed by your Excellency, but, moreover, by the consi-
deration that although this House has, during the great
length of the last session, zealously laboured for the wel-
fare of the Province, and with that view adopted a great
many measures which we deemed to be in accordance with
the intentions of his Majesty's Government, our labours have
been rendered abortive, in consequence of the systematic
rejection by the Legislative Council, of all the projects of
law calculated to remedy the past, to protect the people for
the future, to enlighten them and advance their moral wel-
fare, to improve their social and physical condition, and to
entrust them with those powers and influence in the Con-
stitution, the administration of laws, and the management
of their local affairs, to which they are entitled, and which
are guaranteed to them by the very principle of Govern-
ment. The circumstance of that body having continued
unchanged must necessarily preclude the idea that his
Majesty intended to harass the country by the repetition,
during the present Session, of scenes so discreditable to the
vicious Constitution which is attempted to uphold. Your
Excellency, as well as authorities of the mother country,
must now be convinced that the best intentions of the head
of the Provincial Government, and partial Reforms in the
details of the Administration, must constantly prove abor-
tive when opposed to a system convulsed by elements
essentially adverse, and in which we behold, on the one
hand, the people, in conjunction with this House, de-
manding the unrestrained exercise of the powers and rights
of British subjects, with a Government established upon
a just basis applicable to the condition of the province, to-
gether with the maintenance of guaranteed, endeared institu-
tions ;—and, on the other hand, a branch over which the
country has no controul, which has invariably shewn itself
hostile to its institutions and its inhabitants, and which has
not ceased to excite and to foster attempts at disorganization,
oppression, divisions, and hatreds, political ascendency, and
exclusive rights for one portion of the people, and degrada-
tion for the mass of Canadians of every origin, the most
attached to the permanent interests of the country and the
best adapted to strengthen the Government. It is between
these two irreconcilable systems that we trust his Majesty's
Government have come to a determination in accordance
with our humble prayers. If our hopes be realized, we feel
certain that the rules which your Excellency declares to have
guided you in the discharge of your arduous duties, caution,
forbearance, and the exercise of a liberal policy, cannot fail
of success."

It is stated in the New York papers received yester-
day that the roof of the workhouse at Rochester (U.S.),
upon which upwards of a hundred persons had collected to
witness a balloon ascent, suddenly fell in, with a tremendous
crash, by which accident a considerable number of men and
boys sustained serious injuries. Among the sufferers some
were found to have broken their limbs and their backs, and
one of them had an axe-handle forced completely through
his leg. It was afterwards announced that two or three
had died of their wounds.

An old man, named Fescant, 86 years of age, who
has been in the Hospice des Veillards in Paris for several
years, some short time since committed suicide by blowing
his brains out. He had adopted the singular idea that
even if enjoying good health, and without any infirmity of
body, no one ought to live beyond his 80th year. He bad
previously made many attempts to destroy himself.
It is stated in a letter received from Madrid at
Brussels, that on the proclamation of the Constitution of
the Cortes, General Van Halen, who commanded some
troops at Molina, declared that he acknowledged no right
in any but the Cortes to require a new oath, and he accor-
dingly sent in his resignation.

MILITARY SUBORDINATION.-A somewhat lu-
dicrous circumstance occurred on Wednesday last, at the
Royal Marine Infirmary, Chatham. The surgeon had or-
dered four privates of Royal Marines (recruits) to be
brought to the infirmary to be vaccinated. Previous to
their arrival there, a fatigue party, consisting of a corporal
and four privates, was sent to the infirmary to remove some
medicine to the dock-yard for some men-of-war. The cor-
poral was not made acquainted with the duty he was re-
quired for at the infirmary ; and on inquiring he was told
that the men were to go into the ward to be vaccinated.
This, of course, astonished the men ; but they were told
that it was the surgeon's order, and, like good soldiers they
obeyed accordingly. After the operation was performed,
and the other four men had arrived at the infirmary, the
mistake was discovered, and caused no little amusement.

A peck of fine ripe strawberries were gathered last
week from the gardens belonging to Sir Wm. Anson, Bart.,
Grundisburgh Hall, Suffolk.
Among the novelties of Alexandria is the promotion
to the rank of Bey of Dr. Naylor, an eminent English oc-
culist, whose professional services, during his residence there,
have excited the attention and admiration of the Pasha.
We understand that some disturbance is apprehended
among the Creeks and Cherokees West. The Indian
country at this time is in a state of considerable excitement.
The Creeks and Cherokees have held a secret council, at
which, it is believed, they formed an alliance to sustain the
present Creek chief, Roily Wlntosh, in authority against
the claims of Nea Mathea, who was the second chief of all
the Creeks East, and is now at the head of a numerous
band of his people, approaching their new country West.
Arkansas Advocate.

Two remarkablyquick arrivals were posted in Lloyd's
books yesterday—the one was that of the Castle Huntley,
from London, which arrived out at Bombay after a passage
of only 77 days from the Land's-end ; and the other the
Parkfield, from Liverpool, which arrived at Bombay after
being out only 78 days.
The Prince of Capua, with his consort, Miss Smith,
and the Count Matuszevic, with the Earl of Wiltshire as his
conzpagnon du voyage, are at present at Malta. The Prince,
who arrived on the 22d of August, has hired a handsome
residence on the sea-side, out of the walls of Valetta, where
it seems to be his wish to live in a retired manner, until he
may be graciously allowed to return to the dominions of his
Royal brother.
NOVEL ANNOUNCEMENT.—A corn doctor has
adopted the following novel mode of advertising for patients
in a provincial Journal :—" Not yet dead ! As a report
has been propagated and circulated by a base, worthless
fellow, that I was killed at Weyhill Fair, I beg to inform
my numerous friends and patrons that I never was enjoy-
ng better health."
One of the very few literary Journals of Prague
has the uninviting name the Abendunterhaltengen.
LIVERPOOL COTTON MARKET, OCT. 26.—The
sales of Cotton to-day are 2,000 bales, with a dull market
(if any thing, in favour of the buyer), consisting of 800
Cearas and Pernams, at from 12d. to 130. ; 50 Maran-
hams, 120. ; 100 Egyptians 140. to 170. ; the remain-
der American, from Bd. to 11d.

SHIPPING.-(THIS 13PAY.

(FROM LLOYD'S.)
DEAL, O. 27.—Wind N. W., squally.—Put back byster-
ad-
verse winds, most of the outward-bound which sailed ye
day.—Arrived from the River and remain, the
Barbara,
Nicholls, from Jamaica ; Traveller, Stafford, from ParaguaY
Retrench, Carter, from Honduras ; St. Vincent's Plan;
Wte.fp
Budd, from Jamaica; Charles, Dolland, from Tobag from
Liam rll-
liam Manning, Quelch, from Et. Kitt's ,• Galatea, --,
the Cape of Good Hope.—Sailed the Glasgovr. Ronald, for
Trinidad ; New Brunswick, Bruce, for New Brunsvvick.--
Arrived, and proceeded for the River, the Sterling, Annan-
dale, from Rio Janeiro ; Elizabeth, Dyer, and Oebe, if avvton:
from Jamaica ; Limerick Lass, Oak, from Limericl.c ; Clonnlel
Davis, from Waterford ; Ann, White, from Belfast.
n.
ra ,
PORTSMOUTH, OCT. 27.—Wind. N•W•, blowing a
from
.---
Arrived the Resolute, Kebby, from Archangel.—Arrived
London, the Lord Wellington, Yates, for Sierra Leone.
--No
sailings. W.
PLymourn, OCT. 26.—Wind N.N.—Arrived his Ma-
jesty's ship Salamander, from Plymouth, and has proceeded
for Spain.
FALMOUTH, OCT. 26.--Strong breezes.
MARGATE, OCT. 27.—Arrived off port the Two Sisters,
Prague, from Oporto.
RAMSGATE, OCT. 27.—Arrived the Ranger, Da,"ia)
DARTMOUTH, OCT. 27.—Arrived the Active, Dare, Oporto.
DOVER, OCT. 27.—Arrived Claudine, Kemp, 'Madras.
BRISTOL, OCT. 27.—Arrived the Midas, Estco,mb, from
Petersburg; and Neptune, Mug, from Bordeaux,
GLOUCESTER, OCT. 27.—Arrived Silva, Rowland, Quebec,
WHITEHAVEN, OCT? 26. the Lightfoot, Wolicn)
from Quebec. Belfast.
arshall, MO
CLYDE, OCT. 25.—Arrived the Ann Gate, M
Pictou ; and Seine, Hall, from Newfoundland.
LEITH, OCT. 26.—Arrived —, Packwood, Davis Straits,