The Sun.
London, England, 1840-07-24 00:00:00

TO HORTICULTURISTS.

11ORTiCULTURISTS are invited to inspect
at that most experienced and extensive Fo-cer's, Mr.
John Wilmot's, of Isleworth, RIPPON and BURTON'S
PATENT STOVES. The purity of the heat given by these
Stoves, it will be 'seen, can only be equalled by that of the sun.
The expense for fuel does not exceed 2d. for 24 hours, during
which time the stoves do not require any attention whatever.
The vines to be seen at Mr. Wilmot's are more healthy than
any ever were before by the old method of heating. The stoves
were placed in the house on the lath of April, and the grapes
now are being thinned out, and may be seen as above any
morning from Six to One o'clock. Price, plain, 3/.
12, WELLS-STREET, OXFORD-SREET.

A CERTAIN CURE FOR CORNS AND BUNIONS.
A LLINGHAM'S ROTTERDAM CORN
1711 and BUNION SOLVENT, which gives relief upon
the first application. The universally acknowledged efficacy of this
extraorffinary, safe, and never-failing remedy for Mc speedy and
certain cure of Coins and Bunions, however obstinate and long stand-
ing, induces the Proprietor of this highiy-important chemical disco-
very, to Caution the Public against base and spurious imitations, in-
jurious in their effects, aid most dangerous to those who, either
through ignorance of the fraudulent pretences of others, are induced
to apply them. The Proprietor has received Testimonials of its be.
neficial (effects from toe most respectable families in the kingdom.
Thegentune has the signature of" J. A. St-I t R WOOD" on the out
side wrapper.
fold at 55, Bishopgate-without ; and, by appointment, by Sanger,
• 150, and chandler; 76, Oxford street; and most Medicine Venders.

PRICE sd.

EXPENSE OF YEOMANRY.

TO THE EDITOR OF THE SUN.
Sta—With reference to the very able paper which
appeared in your Journal of the 18th instant, on the
subject of the " Expense of the Yeomanry," I beg to
observe, for insertion, in a forthcoming number, if you
tun spare a corner for its appearance, that there is
another cr,ying evil in their constitution, to which the
Chancellor of the Exchequer's particular attention
ought to be directed. In addition to the average ex-
pense of 61. Bs. per man, there is a great drawback from
the revenue of the country, in the form of horse duty,
for in consequence of a horse serving in a troop of yeo-
manry cavalry it is exempt from duty. Indeed, I know
of several riding horses—ay, and even coach-horses
too—which are thus freed from the assessed taxes.
Where a troop exists is but for any one to mount
an individual, and his riding-gig, or carriage-horse, thus
bc.comes exempt from duty. Only think, Sir, of the
revenue which 14,119 horses, or say half that number,
would produce, particularly when it is recollected that
the calculation is not to be made on a single horse to
each individual, but to the ratio of two or three or even
four to certain parties, who keep several for their gigs,
carriages, &c,, &c. This is a point I have never heard
mooted, but one which ought to have an influence with
any Ministry anxious for the public weal. There is also
expense of arms, ammunition, &c., to be taken into the
the account.

July 20, 1840.

Your's obediently,
A TAX PAYER.

MONEY MARKET and CITY NEWS

(THURSDAY EVENING.)

TRlES.—Attention has been much directed in the
city to the late rise in Chilian Bonds, and the impression
to which that rise has been attributed. The facts of the
case seem to be as follow :—A mercantile house in the
city have received advices from their agents in Chili, that
about $600,000 dollars have been brought by the Fly to-
wards the payment of the dividends on Chilian Stock that
will full due in September. Still the particulars respect-
ing this remittance are as yet unknown, as it is said to be
made to M. Rosales, the Envoy for Chili, who is now in
Paris, and the only certain information in London is the
receipt of the advices. The more cautious speculators,
who have been long used to the devices of South Arne-
,
rican Governments, are not too sanguine in tneir
expectations on account of this alleged remittance.
Without further information they are disposed to
doubt whether the acceptance of some proposal from
the Chilian Government may not be made the condition
of paying even a portion of the solitary dividend above re-
ferred to. It should be borne in mind thats6o,ooo make
only 12,000/., and that the amount of half a year's dividend
on the Chilian loan amounts to $150,000, or 30,0001., the
arrival of the remainder of which is placed in a still greater
degree of doubt than that of the remittance already al-
luded to. But a very small matter will do in the city to
raise a speculation upon in these " forlorn hopes" of pub-
lic debt.

The East India and China Association have prepared a
memorial against the propcsed unequal reduction of the
duties on coffee, by which foreign coffee imported direct
would pay lOid. instead of ls. 3d. per pound, and the
produce of the British possessions sd. instead of 6d. per
pound, while the duty on foreign coffee imported from
British possessions within the limit of the East India Com-
pany's charter, would not be reduced at all, but remain at
the original rate of 9d. per pound. The whole purport of
the memorial of this association, as well as of a petition to
the Board of Trade, signed yesterday by a great number
of firms, is to claim a reduction of the 9i. to 7.4 d., that the
principle of reducing by 1 6th may be applied alike to
every duty. It is difficult to conceive on what pretext
the partial reduction should be made,to the great detriment
of an important branch of trade. It has been shown by
calculation, that the direct tendency of such a measure
will be to lower the value of the class of coffee now paying
9J. Under the present system the dealer pays about 84s.
per cwt. for plantation coffee, which, with a duty of 6d.
per lb. viz. 565. amounts to 1404. Estimating good coffee
imported from British possessions at 569. for the value in
bond, the duty of 9d, per pound, viz. 84s. will make that
also 140 s. Now, assuming the duty of 9d. to remain the
same, together with the relative values in loond of the two
coffees, but the duty of 6d. to be reduced to 5d., it will
be seen that the plantation sugar will cost the dealer no
more than 130 s, Bd. per cwt. (adding 463. Bd. duty to
the value in bond of 845.), and that he can afford to give
no more for the coffee imported from British possessions.
Deducting from this price the duty of 84s. no more than
46i. tad. is left to the importer instead of his price of 56i.
and thus his interests will be sacrificed to a great extent,
importation discouraged, and a large proportion of the
revenue at least compromised.

SUN.—The Funds a shade better to-day, but not
buoyant. The market was not very animated. Consols
for present transfer ranged from 913 to 9111, up to within
a short time of the termination of the business, and for
time were marked 92 to 92i. Exchequer Bills were at
a premium of 255. to 275. ; and East India Bonds were
about the same as yesterday. In Bank and India Stocks
there wa4 nothing done. The Reduced Three-and-a
Ilper Cents were worth 1004 to 100 L and the New
Three-and-a-half per Cents. 991 to 991, being a trifle
better. We bear no complaints of a scarcity of money.
Confidence alone seems to be wanting to give an im-
pulse to business.

Spanish Active Bonds 27i to 274 for Money, and 27i
to 27 for Time, each leaving off at 274. Colombian
Bonds realized a slight improvement, viz. 27,i, and Pe.
ruvian were marked 164. No bargains were effected
in Chilian, although it is rumoured that some instalment
on the future dividends will shortly be forthcoming ;
nominally they were held for an advance of about two
per cent. French Three per Cent. Rentes were firm
at 861. 25c. ; Dutch Two-and-a-Half per Cents. were
steady at 531 to 531. The Dutch mail brings over the
prices of the Funds at Amsterdam on Tuesday 53 9-16
to 531, and of the Five per Cents. at 101 13-16. There
was less business doing there in domestic stocks, but
Spanish was in good demand.
Shares were not brisk, but a trifle better in one or two
instances.

SPIRIT of the PUBLIC JOURNALS.

FROM THE MORNING PAPERS OF THIS DAT.
( From the Morning Post.)
. _

The suppres;icat of the cathedrals of England, which,
however it may be disguised, is one of the necessary effects
of the Bill now before Parliament under the name of the
" Ecclesiastical Duties and Revenues Bill," has excited,
as it deserved to excite, much attention on the part of the
public at large, and has drawn forth natural and well-
founded expressions of anxiety and alarm from the friends
and guardians of our national Church. That the parochial
ministrations of the Church require reinforcement, and that
the necessary funds for that reinforcement should be pro-
vided, as far as is consistent with the adequate discharge
of her other and not inferior duties, from the resources
of the Church, are propositions which no honest and
rational friend of our national establishment for the main-
tenance of religion could ever tkink of disputing for a mo-
ment. But the questions raised by this Bill are, first,
whether it is expedient, with a view to the general efficacy
of the ecclesiastical establishment of the country, to im-
poverish the cathedral institutions in order to provide more
extensive means of parochial worship and instruction; and,
secondly, whether the diminution of the revenues of the
cathedrals must necessarily be accompanied by the destruc-
tion of their frame and the dispersion or annihilation of
their elements as ecclesiastical corporations. The former
of these questions seems to be already settled, with the
concurrence, or rather, we should say, the active co-opera-
tion, of some of the highest authorites of the Church.
(From the Morning Herald.)
The property of the Church is, at least, as sacred as
the property of private individuals. The larger portion
of church property was, at one time, private property; and
was, in some instances, bought expressly for the purpose of
being settled on the Church. lf, then, private property be
entitled to the most ample protection at the hands of the Le-
gislature, church property may lat claim to all the privileges
that arc conceded to private property—as well as to any
special privileges which the character of the Church may
secure to it. Let the Ecclesiast;eal Duties and Revenues
Bill pass into a law, and a heavy blow is aimed at the security
of all property. The Ecclesiastical Duties and Revenues
Bill professes to respect all vested rights in this matter of
church property ; but such a profession, as Mr. Knight
Bruce well observed, rather adds to the questionable cha-
racter of the whole measure. If, as this Bill professes,
great public necessities demand that
p theer :Bi
hl
tohfe
veCsthetdirerhi,hbte
despoiled cf its property, the poor pleas
boeugshotunnde,vethretsoe bper apnl
ecse d.
out
to If
immediately ;—if unsound, they ought never to be brought
bthe
broughtprinciples
t oo of
of suc-
into operation at all. By the old
affecting
tchis dis-
tinctly provided, that no measure pro.
the true
perty shall acquire the force of law, ,
the rights
thhe rights of
ce occupantssuc-
cessors. be
Such,as touchurge
urged
i respectedr.
Knight
Berarcteg, is
principle ; and if such be the true principle, how false
must be the spirit that pervades the Ecclesiastical Duties
and Revenues Bill.
(From the Morning Advertiser.)
We consider Mr. F. Kelly's last night's motion for
the further abolition of the punishment of death, is alike
required by the interests of justice and the character of
the country, We deeply regret that the punishment of
death has not in this country been ere this entirely abo-
lished. Of the number of cases which in former days
were punishable with death, the greater part of them
have been abolished, and in no instance has the abolition
of capital punishment been found to be attended with an
increase of crime. It has been asked, what secondary
punishment we would devise to prevent atrocious crimes
being committed? Here, we admit, that the law is very
defective—that transportation is by no means the system
which the Legislature should adopt. But no Christian Le-
gislature would offer its own negligence, indolence, orinca-
pacity, as an excuse for putting human beings to death un-
justly and unnecessarily. It is lamentable that we have not
a general system of improved secondary punishments.
We beg to impress upon the reader that in no one ease
has the abolition of capital punishment been followed by
an increase of crime. There are still four offences against
property marely, which arc punishable by death—cm-