The Sun.
London, England, 1847-10-29 00:00:00

PORTUGAL.
(mom ma, OWN CORNESPONDENT.)

the various departments to abstain from attending
Cabral's meeting, as such conduct would be consi-
dered an act of hostility against Ministers. These
summonses, however, had but little effect, the majo-
rity of the employees having been present at the
meeting. No doubt the Government has a right to
exact from those who fill public stations their support,
and when advertised that their presence at a meeting
would be considered as an act of hostility towards
their superiors, they could not appear there without
a breach of trust. To avoid the inconvenience of
placing public men in the situation of choosing be
tween their duty and their conscience, the former
electoral law, under Palmella's Administration, had a
proviso that did not permit men in office to vote; they
could, notwithstanding, be elected deputies, and in
such case they were obliged so resign their places.
The following important document, published by
the Chartist Committee, called the Centre, and signed
by the two Dukes de Saldanha and Terceira, ap-
peared in the Diario, or official gazette. The docu-
ment runs thus :

" The Electoral Association-presided over by the
Marshals, being informed that the existence of two
Central Chartist Committees is very generally con-
sidered an evil, and feeling convinced that only by
the dissolving the committee presided over by them,
can that union of the party be looked for so essential
to success, and taking into consideration a series of
facts that have recently occurred bearing out this opi-
nion, they have resolved to proceed no further in
electoral movements as a separate body."
This document has produced great exultation
amongst the Cabralists, who speak now loudly of
their triumph as most certain. In the elections of
the municipality of Lisbon, as the Ministerial list
was with regard to individuals the same adopted by
the Cabralist Centre, no doubt remained about the
result, as amongst the six thousand electors, two-
thirds of military and civil employees voted in favour
of the Government candidates.

The Oposition appeared at first inclined to retire
from the contest, protesting against the disfranchise-

ment of many eleciors Lrhowever, at their last meeting
they resolved by a majority to go to the ballot, in
obedience to the constitutional principle. I think
this decision is highly honourable to this party,
which can do much good to the country, if it adopts
the legal path, instead of resorting to violent and re-
volutionary measures.

The Duke of Palmella arrived on the 19th with the
Duchess, on his way to Madrid. His Grace came by
the Vixen war•steamer, and landed at Cais de Sodri,
where he was received with every mark of respect by
a vast number of citizens, who greeted him on his
safe arrival. Yesterday evening he was sent for by
their Majesties, and went to the palace. This cir-
cumstance has given birth to many reports, including
that of the formation of a new Administration, of
which he is to be Prime Minister. On this topic
nothing positive has yet transpired.
The bank notes continue at a discount of 1,840
rein, or 38 per cent. Trade is still at a stand.

MONEY MARKET and CITY NEWS.
CITY, THURSDAY EVENING.
TIMES.—The re-action in the English Funds has
continued to-day, and Consols, after opening at the
closing price of yesterday, have left off at a decline of
three-quarters per cent. The first quotation for
money was 824, and, after considerable fluctuations,
during which they did not go above that price, they
closed at 84 buyers. For the account Consols
began at 83+, and left off at 82i to f. The failures
at Manchester, and the subsequent announcement of
the stoppage of two provincial banks, coupled with
rumours that Parliament would meet early in
November, in consequence of the unsatisfactory state
of Ireland, were the causes of the decline.
In the Stock-Exchange money was easier today
than it has been for some time past. Out of doors
there was no alteration.
The stoppage of two country banks was made
known this morning, the Salisbury, and the Shaftes-
bury and Hindon. The Salisbury Bank was carried
on by Messrs. Brodie, who are also engaged in busi-
ness as publishers. It was established in 1811, and
was a bank of circulation, its fixed issues of notes
being 23,3351. The amount of deposits held is stated
at about 70,0001. Overdrawn accounts and advances
upon inconvertible property, are said to have been
the. causes of this event. It is, however, not sup-
posed that the final liquidation will prove very dis-
astrous. The Shaftesbury and Hindon Bank was
established in 1834, and was also a bank of issue,
its fixed amount being 9,8131. One of the partners
in the Salisbury Bank was likewise the senior part-
ner in this concern, the flrm being Brodie and King.
enters. Williams and Co. were the London agents
of bath.
Letters from St. Petersburgh mention the failure
of C. itiva d
an Co. The amount of their liabilities is
not stated,
atbucitutateielowest estimate formed by those
who are
with the business of the firm
ranges from 150,004
ral merchants, and their
wtanvctions were large with
this country,
France and Spain. The
return of bills drawn on
to have been
Rougemont, Bro-
thers, and Co., is said
Their been the immediate
cause of their stoppage,
are estimated
to yield 70 per cent. It is believedsets that no one inm
London will sustain any serious loss.
From Lisbon we have information of thein failure of
Messrs. Joseph Vanzeller and Sons, caused
stoppage of Mr. F. J. Vanzeller, of London, by
the
took place on the 7th instant. The liabilities' inwhtiO
case are not large At Oporto Messrs. Cockburn,
Greig, and Co. have suspended, also in consequence'
of the previous suspension of their London correspon-
dents.

At -Amsterdam the rate of discount is 4 per cent ,
and for loan; 5i per cent. The exportation of gold
was expected to continue.
The Giraffe steamer, which arrived from Rotterdam
this morning, has brought gold to the amount of about
.98,000/.
A meeting of the creditors of Fry, Griffiths, and
Co., the colonial brokers, whose failure took place on
the 29th ult., was held to-day. The chair was taken
by a Mr. Chambers, and a statement, prepared by
Quilter and Co., the accountants, was submitted for
consideration. The assets amount to 19,2311., while
the total loss from bad and doubtful debts is put
down at 61,691/. ; yet this concern, but for the re-
nt pressure, would doubtless still have gone on for
uonths.

LISBON, OCT. 22.—The grand electoral ir leeting,
convened by Costa Cabral, took place on Sune'hay, the
9th instant. It was chiefly attended by pu' elle em-
ployies, military officers, police agents, an d a few
other individuals. The only persons of any import-
ance
amongst those attending the meeting were Count
de Tojal, Viscount Laborim, and Dr. Albano. To
judge by appearances, it was a most complete failure
of Cabral's scheme to assemble his partisans, as the
(panty and number gives but a very poor idea of the
support he has in the capital, it being unquestionable
that out of it he has none—witness the two popular
revolutions that broke out in the provinces owing to
Cabral's misgovernment. Having been myself an
eye-witness of the meeting, I estimate the number
assembled in the rooms of the house at 350, and out
of doors about some eight or nine hundred ! Cabral's
organ, the Estanclarte (Standard), with its usual
veracity, states that the persons assembled exceeded
four thousand! It does not care for the grossness of
the falsehood, nor for the impossibility of the fact, as
the largest private house of the size of the one where
the meeting took place could not admit more than
four hundred persons. Party spirit, however, mag-
nifies objects, and of all parties the one which has
proved least scrupulous is certainly the Cabralist
party.
At the meeting Costa Cabral took the chair, and
addressed his men, promising he would deliver
Portugal from British influence, and restore credit
and prosperity to their former state. It is rather
curious to see the very man who first implored foreign
interference, and who was excluded by his misdeeds from
assuming power, by the enactment of a protocol,
hoisting his colours against the very interference
solicited by himself; and in favour of the restoration
of credit and prosperity which he destroyed during
his most disastrous administration ! Costa Cabral
ended his address to the multitude by asking them,
whether they were of opinion that he should retire
from the political contest, and even leave the
country ? An uproar of "Noes" was heard on all
sides, and many hurrahs followed, with shouts of
" Cabral for ever !" When silence was re-established,
Viscount Laborim and Dr. Albano seconded the
motion put by the chair, about the forthcoming elec-
tions, and the meeting separated; Costa Cabral being
followed by about four hundred individiials to his
residence, where he entered amongst the ovations of
his obscure partisans.
Previous to the meeting the existing:Administration
had given notice to the employees holding office in