The Sun.
London, England, 1825-01-17 00:00:00

[MORNING CHRONICLE.]

Within the last two days there has been a
great deal of speculation in the Funds, and the
decline has amounted to more than a half per
cent., and since Monday to nearly one per cent.
The appearance of the market has so much
changed as to induce the belief that the re-action
will yet be more considerable, which opinion is
generally entertained in consequence, it is said,
of the party who have operated most extensively
for a rise, having turned their accounts. The
fact is notorious, that the measure lately adopt-
ed by the Bank for lending money on English
Stock, deposited in the hands of the Directors,
has been taken advantage of, and that 3 per-
Cent. Consols, to the amount of some millious
sterling, have been in this 'way taken off the
market : it having been ascertained that no
very favourable impression can be made,
it now becomes a question, whether the
Stock so pawned, to make up a technical
expression, will not speedily be again throw is
into circulation. It is on this account
that the transactions of the last few days have
attracted more interest than usual, especially 39
the settling-day for January is so fast approach-
ing. With regard to the actual state of the Ac-
count, no very correct opinion can be formed,
although it is to be inferred, from the dOpression
which we have just noticed, that it is rather a
" Bull" Account. The present quotations are
nearly one per cent. below the average of the
last two months ; and since the commencemeet
of the February Account, the depression has
amounted to one per cent. without any ostensible
cause, excepting that much of the flouting
capital has been appropriated to the pur-
chase of South American Mining Shares,
which otherwise would have been invested in
the funds. On Saturday the appearance of the
market, on the commencement of business, was
extremely unfavourable, and a panic was entli-a-
voured to be created by a report, that important
negociations are at present going forward between
this country and the Courts of France and Aus-
, tria, connected with the recognition of the Intle-
' pendence of the South American Republijs.
Consols for Account left off on Friday at 94i,
and some large sales were effected at this quota-
tion, but without any further reduction ; Consols
for Account, in the course of the afternoon, re-
covered to 9.51, and for the February Account,
95i. Money again became extremely abundant,
and •the premium on Exchequer Bills rose from GO
to 68s. which was higher than they have been sold
on any former occasion. No express, we under-
stand, had reached town from Paris up to the
close of business, and it may therefore be in-
ferred, that there has been no material alteration
oht the quotation
uoTtahe
tiotnraoifistalcietioltnesnitiei atsti,e Foreign Paris onnThurs.
Market
day last.
were of little interest on Saturday. The S.OlOl
American Bonds were again higher. Mexican
Stock, which on Friday left off at SO+, reached
814 for money, on Saturday, and 6`2 for the next
settling day ; but in Brazilian and Buenos Ayres
Bonds there has been scarcely an.,
itera I i9n.—
, The dividends on the New Colombian Bonds wee

paid onSaturday,but the price is only a shade hioer
than yesterday. In Spanish Bonds scarcely any
business has been transacted, so that they may
be considered nominally the same as on Friday
afternoon. In the Mining Shares there is little
to notice of interest. The Chilian opened on
Saturday at 3017 prem. rose to 351. prem. and left
off rather heavy. In the Anglo-Mexican there
has been scarcely any thing doing, but the United
.Mexican have been demanded at 1501. per Share.
In the Brazilian there has been a fluctuation of
about 4 per cent.

fTTIE PUBLIC LEDGER.]
After the pointed and unqualified assurances
given by Lord Liverpool and Mr. Canning at the
Bristol dinner, scepticism itself must see the
wisdom of the treaties about to be concluded be-
tween this country and the New,States of Ame-
rica. The only objection that was supposed to
have any weight has thus been removed by those
eminent Statesmen ; for the utility of the measure
was never disputed, provided it could be taken
without endangering the peace of the world.—
That peace will not be disturbed in consequence,
we can now affirm from the very highest authority,
and we may defy flattery itself to adduce a
clearer proof than this of the commanding influ-
ence exercised by his Majesty Government at
this moment. That the proceeding is not very
palatable to the other Great Powers, will be
scarcely doubted ; and the more it goes against
their inclinations and principles, the greater
homage they pay to the power of this country, hi
not venturing to manifest their discontent. The
acquiescence of so many formidable Powers in an
act so diametrically opposite to their own policy,
and so much at variance with their repeated,
solemn, and unanimous declarations, is the finest
of all tributes to the practical exoellence of our
institutions ; for, if it were not for their ma-
gical influence, this country could never pre-
tend to decide for herself, on a question of
almost vital importance, against such a mass
of opposition. Iler decision too is the more im-
portant, as it will add to the strength, by which
she is now enabled to make, with perfect safety,
such an extraordinary display of her power. By
her relations, with the New World, she will se-
cure an inexhaustible market for her produce,
and a boundless field for her skill and enterpriz-
ing spirit ; whilst the alliance of so many free
States would render her a more formidable ad-
versary, should the jealousy of her neigh-
bours ever involve her in hostilities. The
reign, in which these things have taken place,
though its duration were to be circumscribed
to-morrow, would occupy the very first place
in our annals ; and George Fourth, for hav-
ing regulated his Government according to
the principles which placed his Family on the
throne, would be ranked amongst the Princes,
whose names will be for ever associated with
images of national renown and prosperity. lie
has now furnished the practical illustration of the
memorable words, which he addressed to his
much-lamented daughter ; and his glory will be
durable in proportion to the temptations that
'have been spread before him to pursue a different
course.

[MORNING POST.I

If Mr. O'Connell be sincere in the professions
and principles contained in his speech, which we
lately inserted, he never had, nor can he ever
again have, so good an opportunity of proving
his sincerity as the present. If the " Catholic
Association" be assembled for the purposes Mr.
O'Connell asserts, let its conduct demonstrate
the fact. That the Irish Romanists should seek
" Emancipation," or, in other words, should
legally endeavour to obtain eligibility to the
political privileges now denied them, we never
objected to. The Constitution and the Laws
allow all his Maj.esty's subjects the exercise
of that rlip„ht ; and far be it from us to demur
to such an authority. On the contrary, we have
repeatedly called upon the supporters of the Ca-
tholic Claims, as they valued the progress and
success of their favourite measure, to join us in
putting down the Association, whose proceedings
have manifestly been calculated to defeat it.—
Mr. O'Connell declares himself not only an ap-
prover, but an admirer of the system of Govern-
ment established in the United Kingdom, and
be further affirms that he is a zealous friend to
the " Union " of the Empire, and that sentiment
his hearers applauded. A variety of other opi-
nions and feelings equally ratiottfil be also avowed,
and in doing so he was uniformly cheered. All we
can say to these circumstances at present is,
that coupling them with the past conduct of the
" Association," one or other of the conclusions
is irresistible—either Mr. O'Connell and the
Meeting he addressed are in this instance disin-
genuous (a mild term), or they have so glaringly
,and incessantly laboured heretofore to thwart,
nay, to destroy theirowit objects, that they de-
serve to be taught.a little common sense in a Lu-
natic Asylum., 'Lel time, however, decide the
difficulty. It certainly is not (as the conduct on
this occasion of the London Press, which Mr.
O'Connell is so prone .to abuse, may teach him)
for the Papist; to turn into a right path, and ve-
Pify their late asseverations. But acts, not words,
can attain that end—and acts, not words, must
corroborate the opposite conviction which so ge-
nerally and so justly prevails both here and in
Ireland. The Association says it aims at
46 Emancipation" solely or at, least principally.
In the name of honesty, 'tthen, lat that
Body or Mr. O'Connell tell us a single one
of its proceedings during its current Session, of
which months have elaps'd, that can. by the
.strongest ingenuity be twisted into even a ten-
dency' towards the accomplishment of such a
measure. We challenge—we defy them, one
and alloo answer the demand 4atisfartory. Again,
it is asserted, that the Association not Only aims
at promoting the peace and tranquillity of the
Sister Country,' but that it has produced such a
result. The latter, we confess, is so contradicted.
by facts as- to create a suspicion respecting the
good faith of the other statements. We admit-that
the Stotaakriz Insurgents of the South of Ireland' are
allayed by the.wise and active exertions of the
A dministration,infd the growing prosperity of
the people at large ;---wee must also observe, the'
the only motive whiol-thi AiSociation has urged

DIED.

On the 14th inst., at the house of her son, Palmer's-green,
Edmonton, in her 70th year, Jane, relict of Mr. John Robin-
son, of Paternoster-row, bookseller.
On the 13th inst., at Grosvenor-place, Georgina, daughter of
John King, Esq.
On Fliday,, the 14th inst., at an advanced age, Arnaud
Fichat, Esq., of South Lambeth.
On the 15th inst., at his house at Hornsey, John Sancton,
Esq., aged 54.
()n the 14th inst.. at his house in Mecklenburgh-square,
Mr. Robert Broughton, aged 62.
At Chichester, on Friday, the 11th inst., in the 81st year of
his age, the Rev. Moses Toghill, M.A., canon residentiary and
precentor of that Cathedral.
On the 7th inst, at Chatham, Lieut. Alexander David Beat-
son, E. I. C. Engineers., eldest son of 31ajor-General Alex.
Beatson, of Knowle Farm, Sussex.
On Monday, at Hastings, where he went for the recovery of
his health, H: J. Monkhouse, sort of the late M. 31ankhouse,
Esq., of. Neweastle,:and nephew of H. J. Hounsom, Esq., of
Funtington; aged 18 years.
On Christmas-day, after two days' illness, at Tours, Lieut.-
Colonel Dixon lately commandant of the Royal Artillery, in
the garrison of Portsmouth, and brother of Admiral Sir Manly
Dixon, K.C.13.
On Saturday last, aged 79, Mr. John Girdler, shoemaker.
The deceased had occupied a small stall in the Iligh.atreet, not
six feet square, for a great number of years, in which by_ per-
severing industry, and extrem..• penuriousness, he had accumu-
lated from 1,000/. to 1,500/., which he had caused to be depo-
sited in Government securities.—( Southampton, Jan. IL),