The Sun.
London, England, 1825-09-02 00:00:00

LONDON MARKETS.

CORN EXCHANGE, SEPT. 2.
Thu arrivals of all descriptions of Corn this week are mo(le-
rate. The continued dry weather occasions a great dullness in
the Wheat trade; Old Wheat maintains its price, but New
Wheat is full 2s. per quarter cheaper: Barley, Bears, and
Pease are slow sale, without any alteration in price. The Ott
trade is heavy at the same terms as on Monday. In the ti ale
for Flour there is no alteration worth notice.
ARRIVALS.—EngIish Wheat, 3,soo—Barley, 830—Oats,
4,2oo—Foreign Barley, I,3oo—Oats, 2,600 quarters—Floor,
2,850 sacks.

SMITHFIELD MARKET, SEPT. 2.
The following is an accurate Report of the numbers and
prices at Smithfield Market this morning:—
CATTLE AT MARKET
Beasts 565 I Sheep • 3,923
Calves
To sink the (Mid, per stone of Mb.
Beef 4s del to 5s Od I Veal ss CO. io 6s 4'.1
Mutton 4s 6d to 5s 2d I Pork 3s 4kl to 6s 4d
Lamb 5s Od to 5s 10d.
STAY AND STRAW, PER LOAD.
Hay £3 oto£s 0 0 1 Clover £4 Os to 1:6 4s
Straw £1 16s to £2 ss.

AFFECTING OCCCIiitENcE—A rPruarliable
dent occurred at Edinburgh on the night of Saturday week.—
Bills were stuck up in different parts of the city on the above
evening, purporting that a youth of 18 years had been lost,
and alleging, that a person answering his description had ar-
rived on the Thursday before, in one of the stage-conches
from Glasgow ; and after it escribed his person and dress,
stated, that if any person knew where he was, upon giving in-
formation to a gentleman in Leith, the person would be r -
warded. A gentleman, who resides in the east end of the I%i,‘w
Town, happening to see one of these bills, concluded that !e.
must have seen the identical person alluded to, and knew th.-,t
he had taken lodgings in a house adjacent to his own. lle
lost
n 9 time in giving information at the place required. Ile wes
there furnished with the address of a brother of the lost per-
son, which was at a hotel in Prince's-street. Upon the hrother
being told, he instantly accompanied the gentleman to the
place, and on the way informed him, that he had travelled
through a great part of France, and also through England and
Scotland, in quest of his brother, which had -taken near
three months, and comprising a journey of above ,3,000 miles,
at a great -expellee. They are both very genteel young Eng-
lishmen, supposed from London. The reason why the one
who has been lost left home is not known. The iLeeting of
the brothers was affectionate, but it soon turned out to be
most affecting. In a few minutes after they met, the one who
had been in concealment told his brother that he had taken a
considerable quantity of laudanum just before he came in, and
that he would not have spoken of it had it not been for his
arrival, neither would any antidote have been applied. A
medical gentleman was immediately sent for, who gave him
an emetic, which relieved him, and saved his life. The pe-
culiar singularity of the incident consists in the arrival of the
elder brother just in time to save hiabrother's life after so long
a travel, and so far a journey, without being able to discover
the object of his pursuit till after the act had been committed
which was to put a period to his existence.—(Edinburgh
Courant.)

The bobbin-net lace-manufactory is rapidly
spreading itself through the west of England, par-
ticularly in Taunton, Chard, Ilminster, Ply-
mouth, Ashburton, and Barnstable. A large
quantity of this lace, of inferior quality, is sent
to the East and West Indies, for the purpose of
being converted into masquito curtains.
The following commixture of metals, it is as-
serted by the Privy Counsellor, Dr. HERMII.
STADT, will produce a compound possessing all
the qualities of gold, namely, as regards its spe-
cific gravity, its colour, its density, and its duc-
tility :—Take 16 loth (8 oz.) of virgin platina,
7 loth of copper, and one loth of zinc, equally
pure ; put these metals into a crucible, cover
them up kith pulverized charcoal, and let the
whole be fused so as to form one solid mass.—
(Dittmer's Hanoverian Mug:thin.)

THE LONDON JOUItNALS.

DAILY
Extracts from the Morning Papers, Sept. 2, 1525.

[THE TIMES:3
The state of the money-market yesterday was
a subjrct of increased alarm to that numerous
class of men whose personal interests are deeply
affected by the rise or fall of public confidence
and credit. In the Foreign market there seems
to have been a decline of 3 per cent., and a
total cessation of the purchase and sale of secu-
rities. The fall reached likewise British stock
of all descriptions, though in an inferior degree.
The 4 per cents. were down to par ; the 31 at
95 ; and the Threes (Cons.) at 874. Exche-
quer also fell to a discount. So much for
that part of the city statement which concerns'
our public securities. The distrust among the
bankers which accompanies this condition of
affairs, which of course arises out of it, increases
with it, and tends at once to prolong it, and to
be protracted by it, must press heavily upon a
large proportion of the commercial interest. Only
persons of the best credit can now raise money
on bills, and failures being expected among the
secondary order of merchants, are likely to grow
out of the expectation itself. The general
confusion thus prevailing is somewhat increased
by a confusion of ideas among those who busy
themselves in finding out authors for the alle-
ged calamity, and in pointing censures when
the suggestion of remedies proves a more
difficult task. Men of reputation in the City
have been ascribing the fall of Exchequer Bills
to the rashness of Ministers in issuing those se-
curities at so low an interest as 24- per cent. We
cannot see the justice of• such animadversions.—
The Finance Minister could not have forced the
capitalists of the city to take his Exchequer Bills
at a lower rate of interest than the Money Mar-
ket would admit of. If the general rate of inte-
rest at which money could be borrowed had been
so high that a capitalist might have done better
than takt• 21 per cent. for Exchequer Bills, on
vti hich he had been receiving 3 or upwards, it is
plain that he would.have said to the Treasury, I
will not accept your per cent.—pay me off,
and I will lend my money elsewhere. The fact
of the Exchequer Bills passing into circulation at
the reduced interest, is a proof that the Minister
did his duty—being bound to make the best bar-
gain he could for the public. So with regard to
the 5 and 4 per cents. successively reduced to 4
and 34. Although the bonus of five millions, to
aid the conversion, might, we should think, have
been saved by a man of more sagacity than Mr.
Vansittart, the measure itself was, by the reduc-
tion of interest, as was Mr. Robinson's conversion
of 4 to 31, an effective relief to the State ; and
the blame now cast upon these two successful
undertakings by merchants who tremble under
the predominant panic in the city, is just as un-
founded as the charge of .an impolitic reduction
in the interest of Exchequer Bills. In all these
cases the business of the Government was to
make the most of the market price of money,
as they would of the price of hemp, timber,
or beef. A question, indeed, which touches
the integrity of his Majesty's Ministers is,
whether they had deliberately adopted mea-

sures for producing a factitious abundance
of money, to assist their meditated opera-
tions upon the interest of the debt ? On this
there will he various opinions ; but our's, we
confess, is not so unfavourable to the Finance
Minister, on the score of morality as of wisdom.
We have reason to be satisfied, that until within
these three months, Lord Liverpool and Mr. Ro-
Liinson were fully convinced that the 3 per cents.
would shortly rise to par. They did not, per.
haps, lock with all requisite vigilance to the im-
, tnedinae causes of the rise in prices, and the ex-
portation of gold. The Bank ought to have been
watched, and warned of consequences, when they
forced out such immense quantities of paper in
loans on mortgage, and in accommodations to
holders of the public securities. Ministers have
in truth been deceived ; but they are too far
from being reproachable with the whole amount
of the deception under which speculating indivi-
duals have embarrassed themselves, and which
the more it pervaded the transactions of the time,
were the surer of lending to a disastrous issue.—
For the fall of Exchequer Bills there is a suffi-
cient cause assigned in the sale and dispersion of
them by the Bank for the sake of cancelling their
equivalent in Bank paper. But a glut of one
species of floating property affects and impairs
the market price of every other. Exchequer
Bills cannot decline in value without lowering
the value of the 4 and 3 per cents. With this
measure of the Bank another has co-operated, to
produce what is called a scarcity of money, but
more strictly speaking a limitation of credit. The
practice of accommodating holders of stock by
loads of Bank paper was suddenly and entirely
—we do not say how equitably or discreetly—.
stopped : from this alone much private commercial
embarrassment, has resulted. Then the enormous
and unsuccessful speculations in the cotton-trade
just recently brought to account—the innumer-
able engagements in joint stock companies, and
enterprises foreign and domestic, simultaneous
with the incessant efflux of gold out of the coun-
try—itself the index of what was likely to hap-
pen, and for a short time the aggravation of it ;
all these together have gone to create on.- of
those temporary revolutions in the state of pro-
perty, to which a generally prosperous, active,
confident, and adventurous people are more sub-
ject than their neighbours ; because credit, or, in
other words, a dependence on contingencies, is
th.. great instrument of all their operations. This
artificial state in which we exist has for one of its
most striking characters a standing monopoly in
the supply of human sustenance, on behalf
of a certain class of men, who have like.
wisf. a monopoly of legislative power ; and
if they had not, no corn I tws could ever
have been imposed upon us. Unless the bread.
market be released from bondage, we may reason
about this or that cure for other maladies, but we
must always do so in the dark, or at best in
twilight. The corn-law system meets labour
everywhere—affords room or pretext for many
of our worst combinations—pe-plexes and oh.

structs the fiee course of our manufactures, makes
property precarious, and the currency by which
property is represented ;—as in an individual,
when the stomach has been loaded with quack
medicines, the frame in general is oftea affected
.with convulsions, so does this tampering with
the stomach of a whole nation introduce a dis-
eased habit, of which it may not be always easy
to trace the relation to its indirect though un-
questionable cause.

[MORNING POST.]
French Papers to the 31st ult. and the Eloile
of Wednesday reached us last night by express.
The latter, after having been the first to give out
the cry of alarm, cont'inues to soften the intelli-
gence received from Spain, and to deny the cur-
rectness of that published by others, especially
by the Memorial Bordelais, from which it had
been hitherto in the habit of quoting as from a
most respectable and authentic source. The other',
Journals, on the other hand, charge the Etoile
with suppressing, or at least curtailing intelli-
gence, and carefully insert all that appears• in
the Memorial Bordelais, which, from its proxi-
mity to Spain, and its connection with the Ultras,
is likely to obtain some information respecting
the movements now taking place in the Penin-
sula, though it may be of course liable to
party exaggerations. Its statements are certainly
alarming enough, for it announces in an article
from Tolosa, dated August 22, that an extraor-
dinarycourier. from Madrid had brought intelli-
gence " of the Infant Don Carlos having been
put under arrest by the King; of the whole
family of Bessieres, his wife and his son, an officer
in the sth regiment of light cavalry, and a
royalist chief called Cuebillas, having been sent
to prison," and, what is far more important if
true, " of the troops sent against Bessieres hav-
ing betrayed the cause of the King and joined
those of that chief of rebels." " Events are hur-
rying on," adds the same article ; " we have re-
ceived this moment lettets from Arragon, which
intimate the approach of great calamities. The
Priests are in motion, and continually tell tie
people to fear nothing, and that all will pass
quietly. Those gentlemen no longer conceal
their object, and everywhere proclaim Don Carlos
King of Spain. Individuals who arrived yester-
day from Bilboa, say that the Royal volunteers
were encamped on the heights about the town,
with all that was necessary for a campaign. They
were to manoeuvre before the Deputies of the
province, General Etcheverria, and two eminent
personages who were not named. No one knew
from whom the orders for such military displays
emanated, but one fact was certain, that suffi-
cient funds had been provided to cover all
expences." Other accounts from Bilboa itself,
say that numbers of the Dignitaries of the
Church crowded to that City, where the
Treasurer of the King's Household and the
Intendant of the Royal Palaces had also ar-
rived. Meetings of all those individuals, toge-
ther with the Staff Officers, took place under the
Presidency of General Etcheverria at the house
of one of the Judges, where the oath of not lay-
ing down their arms till Don Carlos had been
fixed on the throne, was renewed. " Let no one
be deceived," says the article from that city,
" Don Carlos has a strong party on his side, be-
cause it is known that Ferdinand calls the French.
to his aid. It is much to be feared that an ex-
plosion will occur sooner than most people are
willing to believe." It is evident that the state
of Spam has reached its critical_ period, and if it
be true that claiming the aid of the French be
one of the causes of Ferdinand's unpopularity,
there is but little chance of their being able to
do much in his behalf, even should their present
armies of observation recross the Pyrenees.

[THE PUBLIC LEDGER.]
The affairs of Spain appear to have given rise
to a very active correspondence between the
French Cabinet and our own ; and it is strongly
suspected, that the late visit of the Duke of Wel-
lington to Paris bad exclusive reference to this
alarming subject. Our Government probably
insists, that as France had assumed the right to
controul the Spanish nation in its domestic con-
cerns, she should either exercise it, in the spirit
at least of her own professions, or renounce it
altogether. This demand would be so very rea-
sonable, that we cannot see how the French could
evade it ; and as the forcible occupation of the
Spanish territory has not answered any of the
purposes for which it was ostensibly undertaken,
the ostensible ground is no longer tenable. The
French are therefore bound, by the spirit of their
own declarations,to quit the country,as they cannot
restore order and tranquillity, unless they want to
he convicted of those ambitious projects they have
so repeatedly and solemnly disclaimed. Should
ever the proof of ambition be made out, some
thing more vigorous than remonstrance would be
resorted to by our Government ; but as we do
not want to excite premature alarm, and as we
do not believe that the French Government
harbours designs which it is ashamed to avow,
we will rather suppose that it is willing to
enter with perfect cordiality into any arrange-
ment, with the British Cabinet, by which Spain
may he relieved from the evils of anarchy,
mis-government, and Foreign occupation.--
The restoration of the King to the exercise
of unrestricted authority, has certainly not
mitigated, but, on the contrary, greatly ag.
gravated, these evils, and as there is not the
faintest hope of a change for the better,
under the present system, no Statesman, with
upright intentions and enlarged views, would vote
for its continuance. It is therefore highly probable
that the subject of correspondence between the
Cabinet of the Thuilleries and our own, is con-
nected with some political plan for improving
the political condition of Spain ; and the popu-
larity, which Charles X. has always aimed at, is
a strong presumption that he is favourable to
it. Besides, the feelings of the l reach na-
tion are so clearly arrayed against the horrible
system of mis-rule in Spain, that their Rulers
will no doubt see the propriety of acceding to
their wishes, particularly as they appear to be sup.
ported by the reclainations of England. There
is, moreover, the Decree of Andujar, together
ith the numerous Proclatnutious of the Duke of

Angouleme, which all agree with our specula-
tions ; and if we add the wishes of the English
Cabinet, as well as the cordial concurrence of the
whole British nation, we think we are not rash
in anticipating the speedy adoption of the only
remedy by which Spain can be relieved from her
difficulties.

[BRITISH PRESS.]
We are glad to learn that the apprehension of
war between the new Governments of Brazil and
Buenos Ayres is without foundation. The latter
have disclaimed all connexion with the insur-
gents before Monte Video, who are described in
the latest accounts from the Rio de la Plata as
being in a destitute and disorganised condition.
The first expedition of Brazilian troops arrived
at Monte Video on the 15th of June. At that
time the place was perfectly quiet, and the in-
habitants were under no alarm. The report was,
however, still current, that the Liberating Army
in Peru was marching to assist the Insurgents ;
and it was even stated that Bolivar had arrived
at Potosi, with the intention of directing the
operations in person. These reports were not
generally credited.

We have no later intelligence from either Spain
or Greece in the Paris papers which arrived last
night. In another column we have given the ac-
counts of the revolt of Bessieres, published in the
journals of the South of France. The Etoile de-
nies the correctness of their statements with re.
spect to the serious character of the insurrection,
and the increasing number of the rebels. We at-
tach no faith either to the one assertion or the
other. Each party has an obvious interest in
misrepresenting the actual state of affairs. We
must wait, therefore, till events shall have put
it beyond the power of either to mislead us.
While the revolt continues at least unsubdued,
the King's time is engrossed by the priests. The
whole of the Royal Family have been performing
a pilgrimage to the Convent of Cordeliers at Se-
govia, in order that they may partake of the in-
dulgence of the Jubilee. They were carried on
mules, the time not allowing the provision of a
better mode of conveyance.—(lbid.)

[MORNING CHRONICLE.]
A correspondent suggests, that in the event of
a dissolution of Parliament, exertions should be
made to procure the return only of such Mem-
bers as would come to the consideration of the Corn
Laws, free from the trammels of self-interest.
We fear such an expectation must be renounced.
We see no possibility of obtaining a return of
Members from any other class than landowners,
who have an interest in continuing the monopoly
under which the country suffers so severely.—
In this question the Judges are parties. It
is, however, an awful question ; and if the
people of this country do their duty to them-
selves and families, and expose, as they ought
to do, in all their odiousness, the pretexts by
which these opponents and Judges continue this
monopoly, prudence may get the better of ava-
rice. Every man who understands the question,
ought to take pains to snake it as extensively
familiar to the people as possible. They should
be told again and again that the high price of the
necessaries of life, is a tax on British industry,
operating, as a bounty in favour of that of other
countries,—that by consenting to suffer such a
tax, merely to pamper the most useless part of
the community in an economical sense, we are
endangering the safety of the whole. If we de-
stroyed this monopoly, we should at once raise
the price of grain on the Continent and lower the
price here, and thus destroy that immense dif-
ference between the wages of labour in Britain
and the rest of Europe. Every capitalist ought
to see the bearing that this has on the amount of
his profits.

[MORNING HERALD.]
Really, my Lord Norbury, Chief Justice of
the Irish Court of Common Pleas, beats Judge
Bride foie hollow. See his address on opening
the Commission to the Dublin Grand Jury.
First of all, to prevent mistakes, it should be
mentioned, for the benefit of those who know
little of Irish justice, that tl►e business of open-
ing a commission is not done after dinner in Ire-
land. The address contains at least " the words
of soberness." It is difficult to characterize the
eloquence of Lord Norbury. Perhaps it comes
nearest to that peculiarly discursive style of
oratory, which, in the vocabulary of Parlia-
ment, is, or was once called " rigmarole."
If this term be ambiguous or otherwise ob-
jectionable, he it remembered that it has the
authority of St. Stephen's, and was applied by
a Privy Counsellor to a Minister. Lord Nor-
bury's metaphors are not always strictly judicial.
Alluding, for instance, to a newspaper paragraph,
he talks of " taking the paragraph by the
throat." Undoubtedly a criminal Judge has
something to do with the throat—and no Judge
has had more practice in that play, or acquitted
himself more cleverly than his Lordship. But
this is an old and favourite expression of his—and
as the bent of a man's genius may l►e seen in thf
choice of his images and metaphors, it may be
supposed that nature designed his Lordship for
some profession more immediately congenial with
his favourite image than that of a Judge. Lord
Norbury, it is said, tells of himself, that lie began
life with the patronage of the Irish Government,
a case of feather-spring duelling pistols—and
fifty pounds ! This, again, is no indication of a
man framed by nature to be a Judge. But the
greater Lord Norbury's merit to have sustained
the character as he has done, despight of nature,
some forty years—it is then really time to un-
harness him. Extraordinary Judges are valuable
on extraordinary occasions. His Lordship's time
is gone by—common men will serve all purposes
on the Irish Bench at present. Eminent as the
speech of his Lordship stands as a sample of the
kind called " rigmarole," it is to be hoped this
OM have been his last appearance.

[Nr.w TIMES.]
We have received New York and Philadel-
phia Papers to the 9th instant. The dreadful
heat and mortality in these cities continue he
With es to
their most pmminent features. pect

politics they are very dull. The affair of the Creek
Indians, which was the, primary cause of Governor
Troup's hostile passage, is gradually arranging,
and if these Northern Papers are to be trusted,
not at all to the satisfaction of the Governor.—
At Alexandria there has been a rather serious
riot of the Slaves, commencing in an attack on a
house where slaves were exposed to sale, which
required the interference of a military force to
check it. The slave-trade, it would appear, flou-
rishes considerably in the very heart of the land
of freedom, for we perceive by the Custom-house
returns of Baltimore, that from the 26th of March
to the 9th of May 1825, no less than one hundred
and ninety-nine slaves were exported from that
city to New Orleans. Yet several American Edi-
tors are filled with rejoicing at the French decla-
ration of the independence of Hayti, chiefly
because it may embarrass our West India Co-
lonies! They should look at home. The Great
Canal of Lake Erie will be finished on the 15th
of September. It is a magnificent canal it ap-
pears, and the New York people seem quite in-
toxicated with astonishment at their great merit
in completing it. The National Advocate, after
enumerating all its glories, thus concludes a
most eloquent article :

" Notwithstanding the magnitude of these works, it must
be borne in mind, that not to them alone has all our care been
directed : far from it—within the same period we have nurtured
the great agricultural interest, by distributing to the several
counties in the state bounties to the amount of 10,000 d. an-
nually, for the building up and encouraging of agricultural
societies, the good effects of which the intelligent traveller be-
holds, while surveying the teeming productiveness of our soil.
We have loaned by tens of thousands to our enterprising and
patriotic fellow-citizens, for the purpose of working ores and
mines, and rearing manufactories. We have made liberal ap.
propriations for the diffusion of learning. We have constructed
a state prison, on the best model extant, at a great expence.
We have made roads, improved the navigation of rivers and
streams, and enriched, in various ways, and by various means,
every section of the State. _ In fact, what have we not done
in the march of improvement ? Yet who feels oppressed
by reason of the expenditures thus incurred ? Not a single ci-
tizen. Every dollar expended returns again in two-fold pro-
portion, by the increased value of property, and the facilities of
communication. And by whom have all these things been ac-
complished ? By men young in the science of self-govern-
ment, who have been scarcely half a century free from a foreign
yoke. The old world, with all its talent, and all its wealth,
and all its physical strength, has performed nothing that can
bear comparison with our improvements in the same length of
time. Who then is not proud of being a New Yorker ?"
Aye—who indeed ?
" Who can their miracles declare?"
They have spent actually two thousand a year
in building Agricultural Societies—they have
loaned tens of thousands (of dollars, to wit,) to
their citizens—they have made liberal appro-
priations (sums not mentioned) for learning—
and they have built a jail, No wonder that the
Old World cannot equal this ! In sober sadness
can the Americans feel astonished at the rest of
the world laughing at their vapouring ?