The Sun.
London, England, 1841-08-27 00:00:00

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LONDON:
FRIDAY, AUGUST 27, 1841.

Though the Tories have not spoken much in this de-
bate, they have said some things especially worthy of
public attention. That memorable phrase of the Duke
cf RICHMOND, which we yesterday quoted, considered
4s a complete index to the intentions, and to the very
heart of the rent-owners, is one of these things which
!ie mast impress on the public. " We," said the Duke,
14 substance, speaking for the landlords, " are about to
send you, Sir It PEEL, into office to maintain our mo-
nopoly, and if you dare to touch it, out of power you
shall g 0.,, This brings home to every man's bosom the
once of the rent-owners and the slavery of
141 besides. They also claim and possess the
Political power of the State ; they determine who shall
b° Ministers, and what laws shall be made ; they have,
as even Lord MELBOURNE stated, passed a law by
Which they are pecuniarly benefited ; and they passed
that law, as we assert, exclusively for their own benefit ;
and now they tell us, that, whatever may be the neces-
sities of the people or the Government, this law shall
not be altered, and that the Government shall be kept in
existence only to maintain their monopoly. It is to be
Uothing but the tool of the landowners to do their dis-
honest work. What does that high-minded statesman,
Who owes his all to cotton, say to such a degradation ?
But if Sir ROBERT PEEL be willing to be the despica-
ble tool of despicable men, the public will not submit to a
similar degradation. The intelligent but suffering inha-
bitants of Manchester and Leeds have already begun to
inquire into the titles of the owners of rent and the
Usurpers of political power, which they abuse to their
"In gratification. It is said aloud and in many places
that the land of the empire is common property, and only
tusranteed by the public in the possession of individuals
for the public advantage. It is concluded, therefore, that
IS they use their possession to injure the public they for-
'eh their title and the land reverts to the people.
t It is said, too, that the land was conferred on individuals
° enable them to perform public services. The duty of
defending the State, now paid for by a tax on all the
People, was annexed to the possession of the soil. It
Was„, the price paid for the secure possession of rent.
That duty the landowners have cast upon the public
and maintain possession of the soil without rendering
the services for which it was bestowed. Nay, more,
While they make us pay for doing that which they re-
ceive possession of the soil to perform, they make a
peat noise about the heavy burdens imposed on them
111 order to conceal their malversations.
The scamp-,
some French Abbe, who used to preach

vehement sermons against the petty faults of his congre-!
gation, that they might have no time nor inclination
to notice his vices, is the type of our landowners ; they
cry out bitterly against their burdens, and against the petty'
pilfering of the people, that their own great scheme of
pilfering by means of law, and their gross neglect of duty,
may escape the public observation. They are herein
proverbially stupid ; for they live in glass houses, they
are surrounded by persons willing to demolish their
dwellings, and they begin by casting stones.
Another remarkable sentence was uttered by the Duke
of WELLINGTON. If any other person but his Grace
had said that such a measure as the repeal of the Corn-
laws required to be preceded by inquiry, we should have
been astonished at his impudence; in this frank but old
soldier, it was only the forgetfulness of age. Why,
the Repealers have besieged the doors of both Houses of
Parliament for inquiry, motion after motion has been
made to grant inquiry, and the Duke of WELLINGTON and
his friends have obstinately resisted them all. Moreover,
there have been, as the Marquis of LANsnowsn ob-
served, a multitude of inquiries into the subject. Yet
the Duke of WELLINGTON made it a reproach to the
Ministers that there should have been an inquiry, which
he had refused before an alteration in the law was pro-
posed. In any meaner man than the illustrious Duke,
such conduct would call forth our severest animadver-
sions; in him we can only notice it as a striking evidence
how much the practices of Parliament, which Noble
Lords and Hon. Gentlemen will not have modelled by the
precepts of morality and religion, corrupt and pervert
the most ingenuous natures.
The frank Duke let out, too, a little secret of the par-
ties or factions who rule the State, which, for the sake
of preserving their scheme of humbugging the people,
ought to have been only talked over in some secret con-
clave of Peers or politicians. The Duke found fault
with the language of the Queen's Speech, which Vis-
count MELBOURNE justified by quoting similar words of
the Speech of George HI. in 1784. Very true, admitted.
the Duke, but the quarrel then was one "in doors." It
was wholly confined to privilege and prerogative ; and
though many persons took an interest in it, it did not
concern the people. That was a family quarrel, and
you should be careful, however you may commit the
Crown in such quarrels, never so to commit it when
the dispute is out of doors and the people interested in it.
The frank soldier says, therefore, in substance, you
know, brother MELBOURNE, that this farce of QUEEN'S
speeches, and meeting of Parliament, &c. &c., is merely
intended to humbug the public, and you ought not to turn
them to the purpose of serving the people. The Royal
power may be used by one faction against the other, as
either may chance to get hold of it ; but it must not be
used in the service of the people against the oligarchy.
That is the sum of the Duke of WELLINGTON'S observa-
tions, and of the heinous charge he made against Lord
MELBOURNE. . The people are at the same time told that
they support the pageant of Royalty as a protection for
themselves ; that is all a mistake, says the Duke ; it is
wholly and solely intended for the " in-door" purposes of
the two factions of the aristocracy. We look on the lan-
guage used by their Graces of RICHMOND and WELLING-
TON as a kind of revelation to the public of the innermost
thoughts of the aristocracy, and on this account we refer
to it as worthy of public attention.

The happy use made on Wednesday by Mr. P. M. STEW-
ART of Sir JAMES GRAHAM'S writings has caused the
Times to rush to the rescue of the Right Hon. Baronet
with a " we believe Sir JAMES GRAHAM has expressly
denied the authorship of this pamphlet." The Times is
mistaken. Sir JAMES has denied being the author of the
pamphlet of a " Cumberland Farmer," but " Corn and
Currency.," is not only avowed by Sir JAMES, he has used
it to get reputation for himself. The .Times, therefore,
is as ignorant as Sir JAMES GRAHAM is inconsistent.
Well and truly did Mr. P.:M. STEWART observe, that the
Budget which the renegade Baronet is opposing with
all his power, as a means of getting back to the Admiralty,
was proposed and recommended by Sir JAMES GRAHAM
in his pamphlet entitled " Corn and Currency."

As the Tory Times, seeking, and unhappily finding, an
auxiliary in Lord MELBOURNE, says that he, " in tw•o or

three pithy sentences threw overboard all his. Jacobin
allies and their arguments," we may be permitted, on the
part of those Jacobin allies, meaning the religious and
moral men who throughout the empire have lifted up
their voices against the Corn-laws, to remind the reader
that on this question the authority of Lord MELBOURNE
is worth nothing whatever. We shall scarcely, however,
be understood, unless we lay the passage from the Times
before our readers :

It has given us pleasure (says that Journal) to perceive that
the Whigs have profited by the lesson which the country has
taught them, to this extent at least—that the false pretences,
the miserable calumnies, and the blasphemous ribaldry with
which they did not scruple to fight their battle out of doors,
are now abandoned to the Morning Chronicle and the conven-
ticle of mock ministers of religion at Manchester. We hear
little within the walls of Parliament of cheap bread or mo-
nopoly, and of the alleged religious bearings of the Corn-
law question nothing at all. In two or three pithy sen-
tences, Lord Melbourne threw overboard all his Jacobin
allies and their arguments, not without language which
bore a close resemblance to indignation, disgust, and
contempt. "/ do not charge you, my Lords," said he, " with
that charge which is generally brought against you—_l do not
charge your Lordships with interested feelings or motives. No
man more strongly condemns the language a hick is generally
made use of; no man more disapproves the topics and aril's..
meats perpetually introduced in reference to this subject. I
do not think these laws are condemned by the Christian reli-
gion ; I do not think they are contrary to morality ; Ido not
think they are laws fit only to be eradicated ; nor do I think
they are the work of those who have had nothng else m view
but their own interest and their own objects." While avowing
that his opinions upon the subject of the Corn-laws had under-
gone a change (" everybody," he naively observed, "was in
the habit of changing opinions."
Lord MELBOURNE 15 just as much in error in now throw-
ing overboard his so called Jacobin allies—they being
the ministers of religion throughout the empire—as he
was when he denounced as a madman him who should
propose to remove all protection, alias, all robbery, by law;
and just as much in error as when he deprecated agita-
ting Corn-law repeal as shaking society to its foundations.
The real and mischevious agitators are Lord MEL-
BOURNE and his Tory allies, who pass and uphold laws
to violate the right of property in others in order to fill
their own pockets. The advocates of the Corn-laws,
which set class against class, and not those who seek to
get rid of the injustice, are the persons who shake so-
ciety to its foundation. Lord MELBOURNE may repu-
diate the leadership of that earnest and masculine party,
acting, and resolved to act, on the principles of religion
and morality, which is now happily growing up in every
part of this morally distracted empire, and which is
destined—in spite of frivolous and rapacious noble-
men, and arrogant, extortionate priests—to redeem
it from destruction—Lord MELBOURNE may re-
pudiate the leadership of this party, of which
he is wholly unworthy ; but his indignation,
disgust, and contempt, if he expressed such emotions, of
which we doubt, will be regarded, like his impatience at
the " madmen," and his indignation at " the agitators,"
as the hasty emotions of a shallow, unreflecting, and, on
this subject, very ignorant courtier. Lord MELBOURNE,
though placed by chance at the head of our party, was
never the depository of its principles, nor worthy of being
its leader; and we shall not much regret a change which
will at least render it impossible for him again to mis-
guide a cause he is as far now from comprehending as he
was the Session before last.

The French journals of Tuesday have all reached us,
but most of the important news which they contain was
anticipated in the afternoon edition of Wednesday's Sun
We have given in another part of this day's impression,
a very important speech, delivered by M. GulzoT, at
a public dinner given to him by his constituents at Liseux,
on:Monday last, which we recommend to the attentive peru-
sal of our readers. M. GUIZOT glv3s a calm and dignified
account of the events which produced the isolation of
France, and attributes to the personal feel;ngs of the
KING, and the excellence of the French constitution, the
maintenance of the peace of Europe. The exceeding
mildness with which the French Minister alludes to the
conduct of the Great Poivers, and the guarantees which
he Offers of the peaceable disposition of France, will
produce a very salutary impression on the public mind
of Europe. •

The journals are still writing about the census, but w,
find nothing at all new either in their facts or argu-
ments.

It was rumoured in Paris on Tuesday that Lord ELIOT
would succeed Mr. ASTON as ambassador. Such an ap-
pointment might well alarm ESPARTERO, for who has
forgotten Lord ELIOT'S par&isan admiration of Don
CARLOS ? _ _

Prince Milosch was received by the Emperor of Austria on
the 16th inst. at Schcenbrunn.
Prince and Princess Metternich have arrived at Jonannis-
berg. The Prince is stated to be in excellent health and spin s.
The Baron de Barante was to leave Cronstadt on the 20th
inst. in the Danae frigate, and is expected to arrive
.in Paris
about September 5.
A Berlin correspondent of the Leipsic Gazelle says that
M. Thiers has visited most of the literary celebrities of the
capital, especially Messrs. Schlegal, Savigny, and Rauch.
Count Bresson had given a grand dinner, to which most of the
eminent
days ntt.m. r
literary
ago,hrariyerans.d scientific men of the capital were'invited
to
as a party of students were passing in a boat
through one of the locks of the canal of the Manse, near saint-
Maur, a young female, who was with them, becoming sud-
denly giddy, fell into the water and disappeared in the eddies
of the lock stream. A medical student, heedless of danger to
himself, immediately jumped overboard and succeeded, by
plunging several times, in rescuing her from a watery grave.
She was senseless; but on being taken into a neighbouring
house, and carefully attended to, was restored to life.
The son of M. K., an engraver of merit, after leading a
dissipated life in Paris went abroad, and had not been heard
of for a long time, till a few days ago his father received a
letter frcm him, dated Valparaiso, in which the young man
stated that, overwhelmed with shame and repentance, he had
entered a Dominican convent in that city. M. K. was so

deeply affected by this intelligence that he became melancholy,
and two (lays after walked to a distance from Paris, and when
in the middle of a field shot himself dead with a pistol.

The official part of the Moniteur to-day publishes an ordi-
nance announcing various nominations in several Courts of
Justice.

We have received this morning the Moniteur Algerian of
the 16th of August. It publishes the following decree :
" The Lieutenant-General Governor-General of Algeira.

" DECREE.

" Art. I. Hadj Mustapha Ouled Osman Bey is appointed
Bey of Mostaganem and Mascada ; and in th►s quality shall
enjoy the honour and prerogatives attached to the dignity
which is conferred on him.

"2. In the territorial limits which shall be fixed he shall
govern the Arabs in the name of the King of the French, and
under the direction of the Generals who shall be invested with
the military command.
"3. He shall form a troop of regular cavalry, consisting of
chosen men. The Wikahlias on horseback, deserters from
the regular cavalry of Abd-el-Kader, should be admitted into
it. The corps may be raised to an effective force of 300 men.
He is likewise authorised to form a battalion of infantry,
into which the regular foot soldiers of the Emir shall in like
manner be admitted. The battalion may consist of 800 men.
"4. His irregular cavalry shall be formed of horsemen of
the Boodjiahs and Medjihars, who are encamped before Mos-
taganem. These horsemen shall be treated in the same man-
ner as the Dorines and the Smelas now are. The Bey may
add to them, with the approbation of the Governor-General,
the horsemen of the tr►bes who shall come and place themselves
under his column.

" 5. No chatige is made in the situation of the Dorines and
the Smelas, they shall continue to enjoy the advantages stipu-
lated in the convocation which they made with General Rezil,
and shall be always commanded by General M istapha Ben

" Mostaganem, August 9, 1841.
Signed " BUGEAUD."
" By another decree of the same day Ibrahim Ouled Osman
Bey, is appointed Klialifa to Mustapha Ouled Osman Bey.".—
Lc

BOURSE-PARIS, TUESDAY, AUGUST 24.

First Highest Lowest

Last

Price fqice. Prick - Price
French 5 per Cams ll6 30 ... no 30 ... 1.6 20 ... 116 20
4% per Cents
4 per Cents 99 70 ... 99 70 ... 99 70 .., 99 70
3 per Cents. ex. div 77 30 77 35 ... 77 20 ... 77 20
Rank of trance
Laflitte Bank I,ooof. Shares 1040 ...IC4O ...Dl° ...1040
5,000 f. Shares 513.1 ...5131 —.513 ) ...5139
Belgian Bank
Belgian 5 per Cents.
3 per Cents 7l 63 ... 71 60 ... 71 60 ... 71 60
ipanish Active ..... ....• 20% ... 20% ... 20% ... t. 0%
Passive ... 4% ... 4%
New Deferred
10 ... 10 ... 10
Neapolitan
Roman .... 102% ... 102% ... 102% ...102%
HALLWAY sHAREb.

3t. Germain
Versailles. L.R 2OB 73 ... 208 75 ... 20C 75 ... 208 75
R. 8.............
Rouen 4.52 50 ... 452 50 ... 452 5J ... 452 50
Orleans . 478 75 ... 478 75 ... 478 75 ... 480

MONEY and COM VIERCIAL NEWS.
CITY, THURSDAY EVENING.
The Bear party, upon the settlement of the account to-day,
were found to have the market for the English Securities in
their favour, Stock being sufficiently plentiful, but with no very
animated demand for it. The continuation, or rate of interest,
for the n?.xt six weeks, was under 1 per lent. For immediate
transfer, Consols were quoted 89/ to I, and for Account 89f
to 1. Exchequer Bills remained steady at 15s. to 17s. prem.,
and India Bonds were at 3s. prem. Bank Stock was dull at
168, the Reduced Three-and-a-Half per Cents. realised 981
to 1, the Three per Cent. Annuities 89f to 1, and the New
Three-and-a-Half per Cents. 98f to /.
There were not a dozen bargains altogether in the Foreign
Market. Active Spanish Bonds remained at 19/ to 20 ; New
Portuguese were marked 30, and the Old Five per Cents. 58
to 57. Dutch Two-and-a-Half per Cents. were 51f to 1, and
the Five per Cents. 10l e.
The Share Market here, like that at Liverpool, wears a firm
wearance, though there is not much business doing. Great
Western were at 15, the New at 51, and the Fifths at 4 to /
premium. The Brighton were sfi to 5, the Blackwell 10, the
Midland Counties 23, the Manchester and Birmingham 191,
the North Midland 35, the New 8, and the Thirds / discount.
London and Westminster Bank New Shares were 2 premium,
and Provincial Bank of Ireland 15 to f premium.

(From The Sun of Last Night. )
LIVERPOOL COTTON MARKET, AUG. 25.—Rather a better
business has been done in the Cotton Market, the sales amount-
ing to 3,500 bales, of which exporters have taken 300 bales
American, at our last prices.
LIVERPOOL SHARE MARKET.—The following comprise the
transactions as reported at the close of the Stock Exchange :
Grand Junction, 2011 ; Great Western, New Shares, 55 ; Li-
verpool and Manchester, Half Shares, 931; London and Bir-
mingham, 1554 ; Do. New Shares, 24.
MANCHESTER STOCK EXCHANGE, AUG. 25.—There con-
tinues to be an improving demand for Share property.—Hull
and Selby, 354 ; Manchester, Bolton, and Bury, 55 ; Man-
chester and Leeds, Half Shares, 23i ; Midland Counties, 80;
Manchester and Liverpool District Bank, 10.

Consols opened at 891 1 for Money, and 893 for the Ac-
count; Exchequer Bills, 15 17 premium ; India Bonds, 2 5.
Spanish Active Stock 19; 204 ; Portuguese Five per.
Cents., 293 301 ; Three per Cents., 173 181.
This being settling day in the English Stock Market, the
brokers and jobbers have been chiefly engaged in arranging
their accounts. The fluctuation has been one per cent. during
the Account. Money is rather easier to-day, and the Hebrews
are taking off stock. Consols are now 891 1 for Money, and 893
for the October Account ; Exchequer Bills, 15 17 prem. ;
Bank Stock 168.
In the Foreign Securities there have been but two bargains
doing; Spanish Active Stock is now quoted at 20; and the
Passive Bonds, 43.
Very little business doing in Shares. Great Western New
are now quoted at 55 ; ditto Fifths, tih 1 ; London and
Brighton, 451 : North Midland, 65.
The expected early dissolution of Parliament occupies the
attention of all parties in the City, hut there is also another
contemplated " dissolution," which among the parties it interests
excites greater anxiety—viz., that of the British Iron Com-
pany. The meeting at the London-tavern to-day is, perhaps,
one of the largest ever held by the shareholders in this Company,
and from the fact of there being two parties, the stickers in
office and the opposition, the debates have been mere animated
than usual of meetings of this kind. The decision that may be come
to is certainly important, and will probably influence the policy of
many similar losing or doubtful concerns with whom the ques-
tion is " to be or not to be."
Consols, Money, 891 1; Account, 893.
Colombian, 20%3 ; Mexican, 253 26i ; Spanish, 193 20k.
Markets steady, andlittle doing.
CLOSING PRICES.:
BRITISH FUNDS.
Bank Stock .. 168 ' India Stock • •••
3 per Cent Red. 893 Ditto Bonds
3 per Cent Cons B9l Ditto Old Annuities ...
3i per Cent Red.. 983 Ditto New Annuities...
New 33 per Cent 9t43 {Ex. Bills, 1,000/....21d 15 pm
New 5 per Cent — Ditto 5001 l7 pm
Long Annuities to expire Ditt Small lB pm
Jan. 1860 .. 12-1 i Bank Stock for Acct...
Oct 1859 l2l Intlia Stock for 0pg....
Jan. 1860. l2/ I Consols for. Acct 893
FOREIGN FUNDS.
Austrian, 5 per cent... Portuguese, 5 per cent.
Belgian, 5 per cent — Ditto, New Ditto
Brazilian 80nd5.......... Prussian, 5 per cent.
Buenos Ayres, 6 per cent Russian, per cent
Chili= 6 per cent...... Ditto, Metallic
Colombi --
an, 6 per cent... Spanish, 5 per cent
Ditto, 1824. — Ditto, Deferred ...
Danish, 3 per cent — French, 5 per cent. —f. —e.
Greek, 1825, 5 per cent Exchange —f. —c.
Mexican, 5 per cent.... French, 3 per cent —f. —c
Ditto, 6 per cent, 1825, Dutch, 23 per cent. ... 513
Peruvian, 1825, 6 per et. Ditto, 5 per cent 1011
SHARES
Great Western Railway (65 paid) ...... 80
Ditto New Shares (50 paid 553
Ditto Fifth (4 paid) 8
London and Brighton (50 paid) 45
London and Blackwall Railway (25 paid)... 15
Midland Counties Railway (100 paid) ...... 77
North Midland Railway (100 paid)