The Sun.
London, England, 1849-08-29 00:00:00

LONDON, WEDNESDAY EVENING, AUGUST 29. 1.849.

against the policy of the Government coma from so
many sides, and are so contradictory that they
must be classed and proved before they CAI be un-
derstood. Some accused Prussia of wisbirg to re-esta-
blish the old Confederation—others, that sLe aimed at a
ccntralizsd individual creation—others, that she sought
to give precedence to democracy—others, that she wished
to exclude the democratic element—whilst others, again,
declared that she sought for the absorption of Germany
in herself (Prussia). From this any reasonable man
may find a hint for his benefit Most truly
may it be said that the difficulties and complications to
be overcome were so great, that had not the Government
regarded it as 'a holy duty to make every effort to satisfy
the cravings of the German people for unity, it would long
since have shrunk back from the impediments thrown in its
way by blindness and egotism. Prussia would lose less
than any other state by prolonged hesitation. (This is
an incontestable fact.] The next thing to be asked is,
shall Germany lose all Austria? This question must
be solved. Two conditions are requisite to be fulfilled
in regard to this point. First, it is necessary not to
diminish previous connexity by a new intimate union;
and secondly, it is requisite that the new union should
not be of such loose character as to weaken an intimate
federation. One of the main obstacles to a union be
teeen Austria and Germany is generally considered to
be the question of chiefdom. This is incorrect. Prussia
has Leon most malignantly accused of seeking to circum-
scribe Austria. The conditions put forward by Prussia are
not the result of ambitious views. Austria would not fulfil
her duties as member of a German Federal State;
let the Central Power be invested in a Directory or in a
Tomas.' [That is, alternating power.] Prussia, on
the other hand, has her whole and sole European ex-
istence in Germany. Let us go back into history, and
ask, has Austria ever conducted herself as a true Ger-
man state—has she ever been able so to do? If Austria
could not act otherwise formerly, can she do so now,
when her constitution of the 4th of March renders her
own centralization more absolute? [By this is meant
the declaration of all Austrian states forming one sole
state, without regard to Germanic or other distinctions.]
Thus if the German constitution were to be enacted
after the principle of Austrian policy, the bond
would be too lax ; whereas if Germany were consti-
tuted upon the basis of the intimate union of a federal
state, Austria must be excluded."

The following was the conclusion of the speech :
" It only remains to cast a glimpse at the future. Gen-
tlemen, the Government is perfectly aware of its posi-
tion, and alive to the immense difficulties of its task; be
asmrLd it will pursue the fulfilment of its duty to the
very utmost possible extent. Whether the task it has
unlertaken will be brought to a successful issue de-
pends—next to Almighty aid—upon the question
whether our Efforts are or are not supported by others.
You, gentlemen, will doubtless contribute all in your
power to this mighty consummation. You will bear wit-
ness, also, that it is not Prussia that has sought to ex-
clude Austria from the German Feeeral State. You will
testify to the immense sacrifices which Prussia, a great
European state, is prepared to make for the interest of
German unity. You know the situation of Prussia upon
the 31 of April, 1849 [the day on which the King re-
jected the Imperial dignity]. Judge, then, if Prussia
merits the accusation of self-willed ambition levelled
against her! No! Prussia is free from stlfi,h projects.
She fulfils a most serious duty. She will not take--she
will give—give to the grateful as well as to the ungrate-
ful. We will proceed to the work of federation—be it
with few or with many voices. Prussia will insist upon
the maintenance of the rights of the smallest state, but
she also demands the rights for mighty Germany.—
(Immense applause, joined in by the galleries)."

July the 15th, when two balloons armed with sbra p-
nels ascended from the deck of the Volcano war
steamer, and attain,d a distance of 3,500 fathoms,
in the direction of Venice ; and exactly at the moment
calculated upon, i e., at the expiration of twenty-
three minutes, the explosion took place. The captain
of the English brig Frolic, and ( ther persons then at
Venice, ttstify to the extreme terror and the moral
effect produced on the inhabitants.
A stop wbs put to further exhibitions of this kind
by the necessity of the Vulcan going into docks to
undergo repiirs.

NIONEY and COMMERCIAL NEWS
CITY, QUARTER TO THREE.
There was a dull market for Cotton at Liverpool yes-
terday, the sales not exceeding 4,000 bales, at Monday's
prices.—Railway Shares were inactive, and prices
fluctuating.
In Mark-lane to-day Monday's prices are current for
most articles, with a very dull sale and, moderate
arrivals.
The advices from the Continental Stock Markets no-
tice generally very little activity. At Amsterdam the
Two-and-a- Half per Cents. were 524.
Reasoning upon the advantages which would
accrue to the United States by the annex-
ation of Canada, a local journalist observes :—" Canada,
it is true, costs Britain annually a larger sum
than any improvement in the country would ever enable
us to repay; but this is easily explained by the long
frontier line which she is obliged to maintain fortified,
and the standing army which she keeps up on account
of our proximity to the States. These sources of na-
tional expenditure would of course disappear, if
the whole of the continent of North America
were under one Government. The expense of
collecting the Customs revenue would be merely that of
maintaining a Custom house at Quebec and Montreal,
and three or four revenue cutters in the St. Lawrence.
Again, the consumption of British manufactures (broad
cloth, hardware, &c.), in the Western States, is at the
present very large,:and increases annually. It is a well-
anown truth that goods shipped at Liverpool,and destined
for Chicago, can reach their destination at a less cost by
the St. Lawrence route than by New York and Buffalo.
Thus, if Lower Canada were alone to remain British,
the inhabitants of the Western States would either re-
ceive their goods vid New York, and pay a higher price
for them, or vieeQuebee, and,pay to the Canadian Custom-
house a tax which would not exist if the whole of Ca-
nada were annexed. To the manufacturers of New
York, Massachusetts, Bsc., the annexation of Canada
would afford a large and profitable market. Lowell
would easily replace Manchester, and its sales would be
nearly doubled by the transaction. Notwith-
standing all that some people have said of
the American navy, it is certain that ships
could be built cheaper at Quebec, if we were an-
nexed, than in any part of the union. American capital
would soon raise a fleet on the St. Lawrence, which
would give America an immense advantage over
Britain. Of better materials, and destined to
lest longer than the American ships, and con-
structed at an infinitely less cost than Britain
could build them, our navy would soon monopolize a
large share of the trade of the world, and advance the
general interests of American commerce to a degree it
will not reach without us for many years to come."
In the Foreign Exchanges there was not much doing
yesterday afternoon, nor did the rates vary materially.
Sales of Money Stock have been made this morning,
and prices are about *to 4 per cent. lower. Consols
opened at 92i1., and have since been 924 1 for present
transfer. The New Three-and a-Quarter per Cents.
have been quoted 934 4, and the Three per Cents. 924 .1..
The premium on Exchequer bills is lower, being 40s.
to 435. East Indian Bonds are 765. premium. Bank
Stock is 199 to 1994. Money is still telt to be in more
demand.
There is neither elasticity nor animation in Foreign
Stocks, and altogether there have not been above half-a-
-z bargains. Portuguese Four per Cent. Bonds have
realiled 284; Spanish Five per Cent. Bonds have rea-
lised 174 to 18i; Austrian Five per Cent. Stock has been
at 84. Most of the other securities are at merely nomi-
nal values, say Peruvian, 52 to 53; Brazilian, 85 to 87;
and Dutch Two and-a-Half per Cents. 53 to 534.
The numerous railway meetings held yesterday went
off, probably, not much to the satisfaction of those who
have extravagant, or even moderately sanguine expec-
tations of a rally in the value of this class of property,
but it is seldom that depression comes alone. The
whole railway interest is under a cloud, and it may
require time for it to emerge, but that we are now, at
the blackest period, seems highly probable. The smaller
companies are fully expected to get on better, being
comparatively free from burdensome guarantees, and the
larger undertakings will be daily enabled to bring into
working order some of the branches upon the capital of
which they are already paying interest.
The Share Market is not worse, although very dull,
and there are, indeed, one or two cases of improvement.
South-Western have ranged from 334 to 34k; Great
Western have been done at 73 to 73k; Great Northern
at 84 to 84; North British at 124 124; South Wales at
13 to 14; and Midland at 62. Caledonian, after declin-
ing to 204, have rallied to 214; North-Western continue
flat. East Indian are 34.

oNE o'OCLCK. ,iLpsil, 0
:lil, El, (F Al.V.rlSii 1, u-limi PRICES.
dank Stock
3 i er Cent. Reduced Anns ......
per Cent. Consols Annuities 92%%% 92%
Nbw VA per Cent. Anus.— . 93374%% 93%
Long Anna. to expire J an. 1860
Ditto, 30 years, Oct. 10,1859
India Bonds, 1,0001.
Ditto under 1,0001... ...... .- 76 p
South Sea Stock •
Ditto Old Annuities
Consols for Account • 92%4 92 th
Rxcheouer Bills. 1),21. 8.. ed.
I,ooot. June 42 43 40 p
Small, June
PRICES OF FOREIGN FUNDS ONE
O'CLOCK.
Austrian, 5 per Cent ..... .... 84
Mexican, 5 per Cent. 1846, with Coupons--
Ditto, Ex Coupons
Ditto, Account . 27% 27%
Portuguese 5 per Cents. —
Ditto, 4 per Cent 2814 28 VI
Spanish 5 per Cent. 1840.
Ditto, Account lB 18
Ditto, Passive
Dividends on the above payable in London,

76 p

42 p
41 p
CLOSI.N6
PRICES.
84

PRICES OF PAID. BUSINESS DONE CLOSING
RAILWAY SHARES. AT ONE O'CLOCK. PRICES.
Aberdeen
Do. Preference
Amber. Nott., Boston,
and Eastern Junction 6 ...... •••
Ayrshire and Galloway.. 7%
Beltast & County Down 25
Berks & Hants Extens.
(Gt. West. Per.s per ct.) 6
BirminFham and Ox-
1. rd J unct., calls duly
paid, (Jr with a guaran. 20
Do, withoutguarantee 20 . ...
Binning. Wolverh'ton,
and Dudley, calls duly
pd, or with guarantee 10 .....
Do. without guarantee 10 —
Bi. ming., W olverla'pton,
and Stour Valley 131. 145...
Birkenb ead, Lancashire,
an Cheshire June.... 20
Bogon, Stamtd & Birm. 71. 4s. ...
Bristol and Exeter 9O ..., „ . ........ ....„
Ditto, Thirds
Nuekinghainthire
Caledonian
Ditto, Quarter Shares 121/x
Ditto, New 10/. Pref... 10
Di tto,Clydesdale June 50
.:hester and Holyhead... 50
Ditto, Preference l5 ......
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2d Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent.
Direct London & Ports-

2I

WA

mouth
Dublin and Belfast Junc. 40 ..„..
Dundalk & Enniskillen 22%
t ast Anglian, 251., L. &
E. and L. and D...... 25
Do. 18/., E. & H.... 18 ......
Do., W. 10s., Pref... 3% ..•••
Ea.tern Counties...
Do. New, Gua. 6 per et
Ditto,Extension, 5 per
Cent., No.l 6/. 13s. 4d.... 1/2 p l4 p
Ditto ditto, No. 2...61. 13s. 4d... !ii p
Do. North. & Eastern,
6 per Cent. ...., ... 50
Ditto. 5 per Cent.... 50 ...... •• •• —
Ditto, LA Shares -
Do. New 43
Eastern Union, Class A
(late E. U. Shares) 25
Ditto, Class A, ditto... 3%

. _
Do., Class B (I. & B.) 25
Ditto, Class C, ditto... 221/2. ....
Do. Scrip (6 per cent.) 20 ...... -- ,„., .....
East Lancashire 25 ..... 151/2....,........ 151/2
Ditto, New
Ditto, New Quarters 614
Do., 6 per Cent. Pre-
ference Quarters ... 614
East Lincolnshire ...... 25
Edinburgh and Glasgow 50 ...... ••• ••••
Ditto, Half Shares ... 20 .. ..
Edinburgh said Northern 25
Ditto, Newport l5 .. ~. ...... .........
Exeter,Yeovil, & Dorch 23s — .
Exeter and Exmouth... 2Is.
Gla-gow, Dumfries, and
Carlisle ....... ... ..8/.65. 8d....
Glasgow,Kilmar., & Ayr 50 ..... .
Do. Preference Consol. - - ...... •• • ••• .....
Great Northern
Do., 1/2 A Deferred ... 121/2--
Do., 1/2 B 6 per Cent... 71/2 5
Do., 5 per Cent. Pref. 5
.ren: South. and West.
(Ireland) ...
222
rcat North of England.loo 222
Ditto, New, 401 4O -
Ditto, ditto
Ditto, New, 30/ 3O
—""

Ditto, New,lsl l5 .. ..
Great Western 100 ...... 73% 73
Ditto, % Shares
Ditto, IA Shares
Ditto, Fifths ...... ...... 20 ...... 131,4 l3l/2
Ditto, New 171........ 15 ,„. ..
••••••
Hall and Selby .. ...... 50 ~.... _
Ditto, Half Shares ... 25 ...... ...., --•
Do. Quarter Shares... 12% ......
„...
Lan•astcr and Carlisle... 50
Ditto, Thirds
—.
LaticaJOre & Yorkslureloo
Do. do. M. B. S 8... 95 .... —.
....
Ditto, ditto , ......... 96 ..,_
Dttii. 14 Shares ...... 46
..• ••
Do, Quarters ... ...... 22% —
D. Fifths... ......... ... 10
Do. Thirds •••••••••••••• • 15 ..•••

Do. New Guaranteed
6 per Cent.. . ..... .. 10 .. —..•.....—....
!O. LiVcrP. t;r.d. 11;ury 46 —
Litt° (Hod lentield
t,nd
.-1. Sheff. )...
0,,, (W. hi .11.11, , Union) 9 .. ... 4
Do. (Preston &\V re) 25
Do. ,/,'-, Shares(A)... 10 ...,... -
Leeds and Brcdtord 5O -
Leed,- and Thirek ...... 50 -
Ditto, New
Do.. Prefer., 6 per Ct. 3,l'a —
l' (, , PrE f. Quar., 18 i S 9 ....,.
Liverpool, Crosb3- 41,,,,1
Southport -
' ondon & Black wall 12141 3%
Lon,,lon, BriEhton, and,
South G0?..5.t... .., .. 50 ...... 37 ......
Do. Guarani. 5 per ct.. 9 ...... 93'f3 .. .
I'o. Prefer. 5 per cent. 50
Ditto, ditt0.,.... 1852 50 ......
Ditto, New Si., guar.
6 per cent.
Umidon and Greenwich 12/1584d... .. ...... ....
D.tto, Preference .. . 20
Loridcn and N. Wt.,tern 100 ..,...127 1271/2 ......
Ditto, New Quarters.. 12 ...... 14 141/8
Dit to, Fift ,- ..... ...... 2 . .. 6
Do. 401.ShAres( L. M. ) : 0 -
Do. 10L (51. & B.) C. 1 ......
Lqz,,,.. &S. Wc..ctern ..... 50 .. .. 333/1% 3414 ... 34
Ditto, New 50/. ...... 421/i...... 26L/2 ,.. 2614
i .1.. IN etu 401... 54
Ditto, Thirds 16L1313.41... •-- die. ..... ......
Do., New Scrip, 1848,
Pref. 7 per Cent. en
Deposit, and 5 per '
Cent. on Calls '...... 5

Lo n don( 1 e &Cy lerain, 25
Do. 1/2 Shares •.. 3%

inionderry and Enna-
ki:h•ri —
Do. 14 Shares—. 5 ......
Man,•_;!-I.,,tcr,Buxton,and
Mat10ck....., .• 5 ......
HATICiI ester, Sheffield,
and -Lincolnshire ...100 -
Do. Quarters (No. 1) 23
Ditto ditto (No. 2)... 25
D 0.% Shares (No. 3) 121/2 —
Do. New 101. Pref lO ...... - - -- -
Ditto, Gt. Grimsby
Ditto ditto . ......... 19 -
Ditto ditto
Ditto Sheffield and
Lincolnshire 221/. ... -
Do., Grimsby Dock... 25 -
Do. Blanchester and
Lincoln Union..... 41.25.
Jlidland
Do. Consolidated Pref.100
Do., do., 50/. Shares 30 ... ..
Do. Birm., and Derby 100 —
Do.Consol. Bristol and
Birming., 6 per ct.... 100 126
Ditto,Brist.B4Glocstr. 40 ......

Ditto ditto .... .18/.125.6d....
Do.,ErewashVal.,Pref. 50
Ditto, Leicest.lk Swan-
nington, 8 psr ct. guar.loo -
Midland Great Western
Irish 471/2
Middlesbro' and Redcar,
6 per cent. guar.
New castle and Carhsle.loo ~ — --
Do. Quartmrs
.N‘wmarket ...... ..... . 23 -
Do. Extension
Sew port, Abergavenny,
and Hereford 6 ......
_ _ ..

Newry and Enniskillen 7

Newry, Warrenpoint,
and Rostrevor 2O -
Nortolk ... 100
lio. New 202. ..
Lo. Guaranteed 5 p et. 20 —
Do. Guaranteed 51/2 pe. 5
Do. ~.owe,tott(4 per et) 20 -
Ditto (6 per et.) _ l3
_ _

Do. do-. Waveney Val. 2 ......
Northern Counties Union 4 ......
Nortu Britizu ........ ... 25 ..... 12%8% 123/4
Ditto, Halves .. ..... 12%
Ditto, Quarters
Ditto, Thirds ........84 -•-- •••• -
Ditto Preference
North Stadordshire ... 17
orth Wales . ... 3% —
Nof th- Western ....
Oxie,rd, Worcester, and
Wolverhampton
_._ .

Reding„ Gruiliiiord, and
Reigate l5 - .. ..... ...... --
/toy Btou and Hitchin ... 41A..... ...... ••. ....
Scottish Central
Scottish Midland
Ditto,New ...., 22'4.... .. .....
Shrewsbury and Birni... 11 ...... .....
Ditto ditto. Class B. 7
Ditto, New Guaranteed 8
Shrewsbury and lierefil. 3
Sarewsbury & Chester
(Nor. W. Alin.) - ••• .••• --
. . _

Ditto Halves ditto 9

Ditto Oswestry ...... 181/2 —
Ditto New
Do. 8 per Cent. Prof
Shropshire Union
south Devon
Do. Preference
So ith Staffordshire B% —
South Easters
Do., No. 1
Do~ N 0.2.
....
Do., No. 3 .............30
..
Do., Registered No. 4 10 ........ .. 6%
Do., Scrip No 4
South ‘V ales
South Yorkshire, Don-
caster, and Goo'e
Sheffield, Rotherham, &
Goole (N. Div.) Gua-
ranteed r... ,c„,.
... 14,A
._.
...
—.
Do. do (Sou. Div.) ... 5 ...... .... ....•
Swans. & Loughor & Ca-
meron's Stm. C0a1.... 7
Faw Vale Extension ... 8
fkamee Haven Dock
and Railway ........ 17%
Vale of Neath ... .. 8 .....
Waterford and Kilkenny 20 . .
Waterford and Limerick 471,4 .—.. ....

•••••
•••• •••• ••••
••••• 000000
.......

Watertd,Wxfrd,Wicklw
and Düblin
Wear Valley 6 per Cent.
Guaranteed ... .. ...... 50 ......
Do. do. do. ... 25 - $O
Do. do. do. ... 15
West Cornwall..... .... 6 ...
A hitehaven & Furness 16
Windsor, Staines, and
South Western ..... ... 14 ......
W ilts, Somerset, & W ay-
mouth
Yet k, Newcastle, and
Berwick. .... ........ ... 25
••• ./...
••• . ..... ~
Do. Newcastle Eaten. 20
D. G. N . h.Preference 8 ...
Do. H, rtlepool Dock
and Railway .. 100 .
York and North Midland 50 :23IA 24
Ditto, Preference lO • —

FOREIGN RAILWAYS
Anglo Italian (late Ita-
lian and Austrian). ... 5
Boulogne and Amiens... 20
Central of Franco (Or-
leans and Vierzon)... 20
Demerara .... ........... ... 171 A —
Dutch Rhenish ...... ... 8 ... ..
East Indian ....... ........ 314 33,4 .......... .... . 334
Great Indian Peninsular 5
Do. Do. ... ........ 10s.
.....
Louvain Ila Sambre ... 71/2 —
Luxembourg
Ditto lO -
Madrid and Valentia... 2
~....
Namur and Liege ...... 20 ....• .. -
Northern of France,..... 14/. Bs...d
- _dis.
Orleans and Bordeaux.. 7
Paris and Orleans ...... 20
Paris and Rouen 2O .. -.. •••• ...... ..
....
Paris and Strasbourg
...-
Rouen and Havre ...... 20
`amore .--
and Meuse ...... 20 ... •„ ---
Strasbourg and Basle ... 14 ..... "'
Tours and Nantes .. 11 ..... .
Tournay, Jurbise, Lan-

den, and Ilasseit ...... 20 ...... _ -
West Flanders ........ 83% .. ... --
Ditto ... Blh
JOINT STOCK BANKS.
Australasia ,
British North American 50 ....c —
Colonial 25 - ......... me.. --
Commercial of London. 20 -
Loudon.Joint 5t0ck...... 10 ....

London & Westminster. 20
National Prov. England. 35 — -
Ditto New... .....-.... 10
National of Ireland 224...... ..- ..... ..-..
Provincial of Ireland - ......... •• •• • ....•
Ditto, New ... .. ..... 10
Union of Australia
..••• ---
Ditto,New... ...... .. ••• 2%•••... --.
Union of London. lO ...... 10%
Union of Madrid 40
.... ...

MINES. —.
Anglo-Mexican lOO -
Asturian Mining Corn... 15 -
Australian
Barrossa Range ... .
..
—.-
Blaenarvon Iron & Coal 50
---
Bolonos Scrip ...... .... .....
..--
British Iron

LLOYD'S SHIPPING—(THIS DAY.)
LONDON, AUG. 29.—Wind at noon W.N.W., light
breeze and cloudy.
DEAL, AUG. 28.—Wind, W.N.W. to W.S.W.—Arrci•
Apollo, Peake, Grenada; Margaret Evans, New York;
Argyle, Davidson, Saguenay; Catherine Blake ditto;
Catherine, Flett, ditto; Catherine Black, ditto; Cicero,
,
,
Thompson, Montreal; Gertrude, Borger, Surinam, for
Amsterdam. Tee Margaret, Galatz toYarmouth, sr-
rived here, after being on the Goodwin Sands this morn"
ing, will proceed. The Swallow, of and from Caernar
von, from Memel, struck on the west end of the Pentland
Slurry last night, and sunk; crew saved.
LOWESTCFT, AUG. 28.—The Old Oak, Southampton
to Middleborough,b%,s come in here with damage, baling
been in contact, 26th instant, off the Knock.
ARDROSSAN, AUG. 27.—Arrd. Warner, Dalhousie.
H.LYHEAD, AUG. 28. —Wind S.W.—Arrd. Active,
Hughes, Quebec.
iNi.A.RIPORT, AUG. 26.—Arrd. Albion, Scarrow,
housie, for Port Carlisle.
BRISTOL, AUG. 27.—Wind S.W.—Arrd. Carribeau
Cocksun, Calcutta.
OFF SCILLY, AUG. 24.—Unity, of Jersey, Monte Video,
for London.
G UERNSEY, Auu. 26.—Sid. Eliza Stone, Ne w foundlaTl:
OFF PORTSMOUTH, AUG. 28.—Nora, Walf, Bahia, for
Elsinore; Alert, St. Croix, for Copenhagen.
HARTLEPOOL, AUG. 28.—Wind W.S.W.—Arrd. Lady
Mary, Dixon, Richibucto.
LIIDDLESBOROUGH, AUG. 26.---Arrd. Paragon, Bell
Quebec; Queen, ditto.
SHIELDS, AUG. 27.—Arrd. Sovereign, Scanners, Que.
bec. 28th, Margaret and Ann, Gillespie, ditto. _