The Sun.
London, England, 1838-12-03 00:00:00

MONEY AND COMMERCIAL

(FROM THE MORNING PAPERS OF 01— there or
ft,
CHRONICLE.— Until late in the 1:101,L ket't
scarcely anything doing in the English stock I"fir ag tAfe
any variation in the prices ; but, just as bust ice of 01
in consequeW„afr°,l,
New' urinating, Consols became heavy,
York Papers of the 7th ult. having been rarity °f I'
e
Liverpool, in which it was stated, on the author
pope
more
vices from Buffalo, that the insurgents in CepAt es lie Esc
)ore appeared openly, and that serious stockconseo-e I i
apprehended. Most of the members of the, tiintenli
change had left, however, beforethereceien°:k-0;.0 ti'ti
genre, so that the feeling there cannot be 1"""
Monay.

,h heloi;

, e Stock Markets still
POST.—Th
o- g
ness. The ' •en felt 11 „oit
etheu
scarcity of money which b
has e
not tO 4 ,r
several days
the
same past continues, though, perhaPs, --, . 1.010
extent, and the t v Pock P 3. COY,.
increased in abundance supply of 01011 v, - Sales Ot '',
01
than the contrarY• in goers" r
sots to the amount made in the
.I_oo .
bythby order of the Court of C
of 35,0001. were
exhibit I"- a
morning
chases for about 11,0001. were, on the other lien"', 1001;
The •
rice obtained by the Chancery broker 408.
understand,c gni-
-29 and that given by the ',e the
Bank to of tl
Commissioners 93i. It seems
Commissioners
opinion of our mercantile men that much jeece.
of
fressure for money which has been ePri, 0
late at the Stock E h —"not that f, for
there alone the inconvenienceExchange--"not ange , o .01
has been coniPla,ooo,,,
it has in a certain the co,-.. by the
degree extended itself to
interest—must
rest—must have been caused in a great meestirc__therP.
districts. speculative
movement which is on ill the evie ..001
going _, Div rE. to
The immense purchases of cotton Lr, (10Y,„0
on behalf of
speculators, to which we lo'e trußaierowo,
day adverted, 'is alone sufficient to account for the r, chl'_4l
of a very l
nek Ihearge. amount of capital from the ordleatJa ge-of
re ; .s, however, at the present meinenticies „f
deal of speculative business going. on in other allroot v
produce, as well as in foreign rain for the PO' 1,01'5
ear,oes, of which latter . g '.
. ore ti 10
article so considerable a s 03
toriously been et,
abstracted from the Money Illark►
0
cottons. sreal
t 0,
At the present time the money d interns cr
e 1 , peg f
hardly to know what to be about. Ca atilisti 19;r; se
the
sarily looking around them to IP aY wsitif til
see how t ley to ~ 0 if
their funds
to the best advantage, but the exigenel.•-roctii
vrious departments of trade have as yet been iruPf.okerga
their " be
developed, and many are supposed . .
to retain in We ht
hands heavy
another • arrival from the United States, the advices fork ta
by which •
include letters and papers from Nevi „It , Ili
the 9th uft., and from the Canadas to the 7th: tti; e "r'
they came up from Liverpool at too late an hour le
ternoon, to have any direct influence on the Mark°

LORD DURHAM'S SPEECH AT

m.

GLASGOW IN 1834,

41et_ter, crust not suffer the Reform Bill to become a dead
what is worse, merely an instrument of party
triumph ; but we must make it what it ought to be, and
what it shall be—a great instrument of national regeneration.
Z(Cheers.) Gentlemen, I cannot adequately describe to
u the importance which T attach to the
present crisis. If
• House of Commons in the next session of Parliament do
if, unfortunately,
duty to itself and its constituency, all may be right ; but
unfortunately-, it should shrink from the high task which
circumstances impose upon it, and if it should pursue an
Uncertaing:tete consequence.—(
Hear.)
course, irretrievable ruin will be
Hear.) Let me ask you, however, one
iluyeetsl.°U-----" Have you no duty to perform ?"—(Cries of
d 43', you have—you have an important and essen-
your tial to perform—you have to keep a watchful eye over
representatives.—( Great cheering and laughter, in
t„Which Mr• Oswald, to whom Lord Durham had pointedly
urned, cordially joined.) You must show them that you are
;ern to be trifled with, and you must require from them the
aping of that harvest, tha seeds of which you have planted,
loc a
anti
1. the coming of which you have waited for with
In exemPlazy patience.—(Loud cheering.) No doubt
thaeby and weighty obstacles trill be in your path, and in
4. Path of tour truly honest and independent represents-
' but .
but all can be overcome with firmness and decision,
ant not with rashness and violence.—(Cheers.) In the
Pirit of firmness and decision you must act, for we have
:eat animportant objects still to accomplish. We have
t require perfecting of the Reform Act.—( Cheers.) We
tree to require the repeal of the Septennial Act.—(Che2rs.)
have to require the purification of thei Church.. f_:_sta-.
blishment of England imd Ireland from a:I acknowledged
abee
the es.—(Long-continued cheering.) We have to require
reform of corporation abuses in England, and the
(ateriletest continuance in economy and retrenchment.—
itnatitnegers.) No doubt there are many other measures ema-
from these to which I have alluded, and on which
y sentiments are well known. There may be some dif-
be,recoo of opinion entertained with regard to some of them,
I have only alluded at present to those on which n
I:liind of Reform
can entertain a doubt. Shall any ono e
rc me that the attainment of these objects cannot but
attended with danger to the institutions of the
"untry ?
For that is the cry now attempted to be
raised against me.—(Cheers.) I would relieve the as-
Sea
ters, and would purify the Church from abuses for
he sake of justice and for the advancement of true
religion. Is that attended with danger to the institutions
of the country ?—(No, no.) I would reform corporations so as
to make them what they profess and what they ought to be
the correct representatives of local rights. Is that at-
tended with danger to the institutions of the country
?
(NO, no.) No—l re-echo your words, and I assert,
,that the true result of timely and not too long delayed re-
torm is
to preset.: e all that is valuable by removing all that
4:"rrupt in our institutions.—(lmmense cheering.) These
re mY opinions, and these are my principles ; I have never
enoonteealed them, and I never will.—(Cheers.) I would
the
bation not even
wouladecePt highest office in the gift of the Crown—l
receive the warm and enthusiastic appro-
bation you, my Pined fellow-countrymen, if either were to be
Y the concealment of a single opinion, or by the
COMPromise of a single principle.—( Cheers.) I am, more-
own °vet', determined that my opinions and principles shall be
doe
and and judged from my own representations of them
1; not from the false and interested description of them
By one parts. I am denounced as a Destructive
r,...1?3' another as patronising the impatience of the people.—
(Ch
and laughter.) Now, my opinions are neither the
onell nor the other of these. I know too well the artificial
;bd complicated state of society in this country, and
the absoute necessity of public confidence in the perma
eseof tranquillity, and the danger which arises from
lacinterruption of the peaceful working of our commercial
the to propose any measure which should
_impede
rike Peaceful flow of national industry and the regular ope-
ea °ma of trade and commerce.—(Cheers.) But it is be-
te„tl4B° wish to see tranquillity perpetual, industry pro-
ee:ed commercial energy encouraged, that I advocate the
re,essity of an immediate and salutary Reform, which will
le,"°ve discontent before it has time to ripen into turbu-
th"eecc--Cheers for some minutes)—and will dissipate on
to
totiirrosrtilonn the dark and hostile clouds which, if suffered
the , mid heaven, will not only disturb the serenity o
and ruin._
but will also pour down on the earth devastation
ulu•--(Cheers.)
be * We have a Liberal Administration, professing. Li-
itt Principles, supported by an immense Liberal majority
House of Commoro, and that majority returned by a
tunieral constituency ; and yet, with a Government so consti-
septed' ao maintained, and so supported, we have Ministers
Daircluoded in every department by Tory subalterns. The
"nage of the army and the church is still exercised by
ker'es for the benefit of Tories.—(Cheers.) All appoint-
ate by Bishops, Judges, Magistrates, Lord Lieutenants,
tee Tories. The diplomacy of the country is composed of
Lie'lY the same persons as it was in the time of my Lord
iefYe!erlPool, and is entirely Tory.—(Cheers.) In short, all the
Liberal
instruments through which the liberal measures de
14ral Government are to be accomplished are anti-liberal.
Cheers.) How then is it. possible that such.ayiltem can
erk harmoniously and beneficially to the best interests ofi 1
country?—(Hear, hear.) Far rather would I have
af4°rY Government acting with Tory agents, for then
.
h should have our enemies before our faces, and
-et
oetund our backs, than a Liberal Government,
checked, thwarted, and undermined by what ought
be its main sources of efficiency.—(Cheers.) Am
disnot right, then, in saying that this one of the chiefn
ad, ties by which the Government is surrounded?
en--(", then, ought Ministers to rely ? On the House of
et helltons, which has always stood by them—on the Liberal
and which hasreturned that House of Commons—
cal' on the people at large:who have, before now,
them triumphantly through all their difficulties.

RUSSIA AND INDIA.
Just published, price One Shilling,
It)I2.,SSIA versus INDIA ; or, Observations on
the present Political Relations of England with the East.
By AN OLD INDIAN.
Pelham Richardson, 23, Cornhill.

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