The Sun.
London, England, 1841-12-21 00:00:00

MALTA SHIPPIgG.NEWS.

MALTA Nov. 30.--AN AFFAIR OF 'HONOUR.--All
English Officer and a French commander of a steamer
were about to fight a duel, but the thing having got wind
the police, we imagine, interfered, and the affair, we are
happy to say, terminated amicably without the shedding
of blood.

There is a strong probability that four line of battle
ships have been dispatched to China from station ;it
is said also that the Vernon, arrived yesterday from
Corfu, is to join them. These vessels however, might
wait at Gibraltar till the next India mail; when important
news may be expected.
The Hecate, it is said, will take pratique. The Thun-
derer and Stout are on the coast of Syria. The Gorgob
is at Alexandria.

The Medea left on the morning of the 28th inst. for
Corfu, and, it is said, she will continue on that station.
The Circassian yacht arrived on Saturday (Captain
W. Lyon) from Malaga and Gibraltar, bringing Vis-
count Castlereagh.
MALTA, DEC. s.—The four ships of the line, which
the Vernon is about to follow, and will leave here about
Wednesday, are supposed to be gone to the coast of Spain.
SAILORS' UNION.—We are happy to announce that Sir
Francis Mason, Commander-in-Chief, has given his high
patronage to this proposed establishment. Nearly all
the ships have subscribed to it, and it will soon, we un-
derstand, be opened.
ARRIVALS OF SHIPS OF WAR AND PACKETS.—NOV. 26
—The Royal yacht schooner Circassian, Captain W.
Lyon, from Malaga and, Gibraltar, in 7-6 days ; Penin-
sula and Oriental Company's steamer Iberia, Captain W.
1). Evans, from Corfu, Patras, and Zante, in 4-3 days.
Nov. 27-11er Majesty's steam• packet Alecto, Lieutenant
W. Hoseason, from Gibraltar, in 4i days ; her Majesty's
steamer Hecate, Commander J. H. Ward, from Bey rout,
in 7 days. Nov. 28—Peninsula and Oriental Company's
steamer OHental; Captain J. Soy, from Alexandria, in
44 days ; Royal yacht Therese, the Earl of Desart, from
Ancona, in 6 days. Nov. 29—Her Majesty's frigate
Vernon, Captain Walpole, from Curfu, in 8 days ;
French steamer Lycurgue, Lieutenant Le Vavaseur, from
Marseilles, Leghorn, Civita Vecchia, and Naples, in 8-
6-5-2 days. Dec. 4—French Government steamer
Scamander, Lieutenant P. Dupare, from the Levant.
DEPARTURE OF SHIPS OF WAR AND PACKETS.—Nov.
26—The French Government steamer Sesostrir, Lieut.
P. Cosnier, for Italy and Marseilles. Nov. 28—Her
Majesty's steam frigate Medea, Captain F. Warden, for
Corfu ; her 'Majesty's steam packet Polyphemus, Lieut.
J. EianS, for Marseilles. Nov 29—The Peninsula and
Oriental Company's steamer Oriental, Capt. J. Soy, for
England and Gibraltar. Nov. 30— The French Govern-
ment steam packet LeOnidas, Lieut. Lorin, for the
Levant. Dee. I—The Royal Yacht schooner Circassian,
Capt. W. Lyon ; the Peninsula and Oriental Company's
steamer Iberia, Capt. W. D. Evans, for the lonian Islands.
IN PORT.—The Ceylon, "6 (bearing the flag of Rear-
Admiral Sir J. Louis, Bart.) ; Howe, 120 (bearing the
flag of Rear-Admiral Sir F. Mason, K.C.8.) ; Impreg-
nable, 104 ; Monarch, 84 ; Ganges, S 4 ; Vanguard, 72 ;
frigate Vernon, brig Savage, steamers Hecate, Prome-
theus, Alecto, Locust ; yacht cutter Stork ; French Go-
vernment steamers Lycurgue and Scamaiidre.

IRELAND.
RAILWAYS IN IRELAND.

DUBLIN, DEC. 17.—Ilis Excellency the Lord Lieute-
nant has addressed a short reply, throngh the Earl of
Bandon, acknowledging the memorial on the subject of
a railway between Cork and Dublin. The Noble Earl
observes, " That without entering at the present moment
into the extensive and difficult subject of the question at
large, his Excellency begs Lord Bandon will inform the
gentlemen who took an interest on the occasion, that he
had received their memorial, and that he will bear in
mind their suggestions whenever the occasion may arise."

MORNING SUN

UNITED STATES' BONDS AND

BONDHOLDERS.

(From the New York Herd] of the 27th of November.)
The bondholders have the endorsement of the United
States Bank and the Union Bank. The Committee of
the United States Bank stated that Biddle had no au-
thority to make the contract. The Union Bank has
made an assignment of all its property, and notified all
claimants upon the bank to file their claims within
eight months from the assignments, all such to preferred
creditors. The bank is utterly insolvent, and cannot pay
its liabilities independent of its endorsement—its money
is selling at thirty cents. on the dollar. Governor
M'Nott went to the people with the qnestion of paying
or not paying, on the ground he assumed, and the result
is a decision in his favour. This is the state of affairs in
Mississippi.
The position of many of the other States is similar,
and has led to the fear that the same course may be
adopted by them. A great distinction is, however, to
be made between the States, and they may be divided
into three classes. The first comprises those, the debts
of which are perfectly within their means of payment,
and the public works require no increase of loans to per-
fect them. The second class are those whose debts are heavy
and beyond their income, but which have the means of
paying if taxation should be enforced. The third class
comprises those which require large sums to complete
the works in progress before they can become available,
and whose present debt is far beyond the ability of the
people to pay by taxation.
The following is a Table of Debts, Annual Interest on
Population, divided into Classes t
INDEBTEDNESS OF THE SEVERAL STATES.
Ist Class. Population. Debt. Yearly Interest.
Maine .... 401,796 1,678,367 99,000
Massachusetts. 737,438 7,272,839 313,641
_ _ .

New 1o;X::.:: 2,432,835 22,000,000 1,110,000
Ohio 1,515,696 13,724,755 823,485

Kentucky 777,359 3,790,500 222,000
Tenuesse

2d Class.

6,683,191 51,614,647. 2,725,534

Pennsylvania 1,700,000 40,000,000 2,000,000
Maryland 467,577 15,346,000 767,300
Virginia. 1,231,434 7,953,000 437,461
South Carolina 594,439 7,553,770 287,687
Georgia 618,166 1,500,000 65,000
Missouri ...

3d Class

4,975,377 73,944,770 4,932,968

._.....,....
Mississippi 386,099 7,500,000 625,000
Florida 40,000 3,500,000 210,000
Alabama. ...
Louisiana
Indiana 683,314 15,000,000 750,000
Michigan
Illinois
Arkansas 95,662 3,100,000 186,000
Wisconsin— 70,692 100,000 5,000

2,722,089 86,354,601 4,752,280
Grand total 14,285,661 211,914,218 12,410,782
U. States Loan, 12,000,000 710,000
Cities, • 33,334,106 1,782,764

Of the first class nothing that has yet transpired, or
that is now in perspective, can effect their credit or di-
minish their means of paying, because the resources
yearly accruing are sufficient to meet the liabilities with-
out the danger of resorting to increased taxation. Con-
sequently their credit is every way equal to that of the
Federal Government. The second class are heavily in
debt, and there is no revenue to meet the yearly interest
but that of taxation.

331 ALL NOTES ISSUED BY SEVERAL STATES.
Dollars. Market value.
Illinois
Indiata,(not receivable for taxes) 3,000,000 65 do.

Kentucky
Pennsylvania, circulating
1,700,000 authorised 3,000,000 90 do.
Maryland
Michigan
Total State money 11,100,000

This amount is equal to 10 per cent, of the paper cir-
culation of the Union, and is rapidly extending itself, and
thrusting the constitutional currency aside. The ave-
rage depreciation, it appears, is 67 cents„ and the nomi-
nal value of 11,100,000 dots. is really worth in specie but
7,437,000 duls.
This feature of the credit system in a remarkable man-
ner illustrates the progress of the credit system in an
item of State indebtedness, which, though large, has
been but seldom taken into the account. It operates in
a direct manner as a tax upon the population, as one of
the most onerous that can be put upon it, because it not
only takes money out of their pockets, but destroys their
credit and trade. The States have assumed and used
the power of issuing credits, and now they are both un-
able, and in some cases exhibit an indisposition, to pay.
If they have come to this pass, it is now high time that
they relinquish the right to the General Government of
contracting debts they are unable to pay, and thereby
dishonouring the country, destroying its trade and bring-
ing discredit upon the country whose free institutions are
looked up to with hope by the friends of political fredom
in all parts of the world. If State Governments com-
posing this hitherto glorious Union, are to practice the
swindling mountebank tricks of the late National Bank,
and its unprincipled abettors and supporters, it is time
that the people take the matter in hand. The community
have at the recent elections sustained President Tyler
almost en masse in his reto of the new National Bank,
projected by the corrupt participators in the old one.
Let them come forward now in a body and prevent the
States from becoming issuers of depreciated paper.

AMERICAN POLITICAL PRESS.
The New York Herald complains
~of the most dis-
graceful outrages upon females in that and other cities
of the Union, and the apathy of the public authorities, in
the following terms:—" Other attacks have since come to
our knowledge, and, although the fellows did not in all
the instances succeed in their brutal object, or take the
life of their victim, still it is evident that nothing but fear
saved them from the guilt of a capital crime. At Brook-
lyn, a married lady was seized by a gang of ruffians and
violated. On Coney Island Beach, two sisters, while
bathing, were attacked by a brawny rascal, and but for
the nerve and courage displayed by the younger of the
girls, the brute would have accomplished his purpose.
In Philadelphia and Baltimore similar outrages have
been attempted. About ten days since a young lady
was violated in open dayl,ght, in one of the public parks
of the latter city, in the presence of several respectable
citizens, who were unable to save the daughter of a neigh-
bour from the loathsome contamination of a herd of
wretches who are a disgrace to humanity. This is a
pretty picture of United States' civilization ! &c." * *
The foregoing precious nwrceau from the New York
_Herald, is going the round of the press in Great Bri-
tain, and has been republished in, probably, every press
on the Continent. In every instance it is referred to as
evidence against the morals and civilisation of " Repub-
Heart America," furnished by an American editor and
an American press ; and the good, the moral, and the
friends of order, unite in exclaiming—" if these are the
fruits of Republicanism, God preserve us from its in-
fluences."
_ _

Now, it is due to our country and its institutions, to
say to the press of Great Britain, that the editor and
publisher of the New York Herald is a Scotchman—a
loyal subket of Queen Victoria—one who has never
forsworn his allegiance to Great Britain, and is not an
American citizen even by adoption. His associates, too,
are all foreigners—men who have learned their vocation
in the least reputable portions of the British metropolis;
and we would add, that the press thus owned and con-
ducted, is almost exclusively devoted to vilely misrepre-
senting the morals, the manners, and the customs of our
country ; decrying its institutions, and injuring, as far
as practicable, the country at large, by the most delibe-
rate and :ystematicattacks during a succession of years,
upon public and private credit in every section of the
United States.
We know well enough that this statement will scarcely
be credited, bemuse it will be difficult to believe, that
such a press, conducted by suchnte meni
with such ob-
jects, could possibly be telesill,aindenand
any portion of our
Country. We admit with however,. because we
Pride do many of
are compelled to do so, that. so little
our people feel in our national character, and so little do.
they accustom themselves to iinrire what is or 'what is
tstleexrteeflnesivtly
not injurious to the national.. welfare, and so great their
love of slander, that this infamousysehryeetlii
purchased and read, although a
must satisfy every purchaser of it, that in the act ofcpjuorn
chasing he is paying a bonus to, have the morals and
-
nd the great interests of
habits of our people slandered,
the country misrepresented, assnailed,and injured
"How long do you think such. a press would be tole-
rated in England ?" is a question which has been asked
us a thousand times ; and our. answeru has been, that
United' States that
New York is the only city in the
would tolerate it for a single week..
tke sale of
Philadelphia some time since prohibited even
Wen all know that
this vile' sheet in the public streets of that city, on the
express ground that it was a nuisance which no
.tes of a
reputablei
community could tolerate ; and if the authorities
sister city would not tolerate even the sale of this slan-
derous paper in its public streets, how long would they
tolerate its publication among them ? If published fur-
ther south, every person connected with it would have
lost their lives before the civil authority could havein-
terfered to save them by suppressing the paper.
Of those who purchase this sheet, we would inquire,
what they think would be the course of the people of
England or any other people, if our Government, or cer-
tain persons who had a direct interest in the matter, were
to hire the most reckless native of the United States tb
establish a paper in London, and devote its columns to
asanits upon the government and institutions of that
country, to slandering it: best citizens, assailing the pri-
vate character and 'morality of its f:males, basely mis-
representing the morals of the people at large, and
systematically assailing the credit and character of
every public institution and even of the Govern-
ment itself ? Would such a press be tolerated
for a mTnent ? Would any Englishman who re-
spected himself, or who took pride in the prosperity
and the character of his country, consent to sustain a
sheet devoted to such an object ? This is a question we
leave to be answered by those to whom it is addressed ;
and we would simply ask them to reflect upon the cha-
racter and the course of the Herald for the last four
years. Let them do this, and they cannot doubt but
there was a regular plan of operations adopted, which
has been systematically persevered in, to injure the cha-
racter of our country abroad ; to misrepresent its moralsand the tone of its society
; to prostrate and destroy our .
public and private by raise and malicious state-
ments and colourings in relation to our fiscal affairs; and
finally, to hold up to contempt and scorn our republican
institutions by these false versions of the consequence of
free government, at the same time that a deadly blow
was aimed at our ationaprosperity, by coining rea-
sonsn. l
why the capitalists of Europe should not loan their

funds to our people, to our Companies, to our States, or
to our general Government.
We do not say that the Herald man was hired to pur-
sue the course he has, the object of which is apparent to
all our reflecting men, because we cannot prove that he
was ; but we have no hesitation in saying that his pur-
pose was such as we have described ; that he foresaw, if
he was not assured, that such a course would be most
acceptable to his fellow subjects of her Majesty ; and
what is far more., that he has been eminently successful
in accomplishing the base purposes attributed to him.
If any one will take the trouble to examine the monied
articles in the Herald since his return from London in
1838, and also the monied articles in the London Times
since that period—they will not, cannot doubt, the object
of these articles, or that they were written with a full
understanding as to how and where they should be used.
The most of them have been copied into the Times, and
re-copied into every paper in the kingdom ; and as the
amount of English capital flowing into the United States
prior to 1837, had caused serious alarm to the Govern-
ment and to the capitalists interested in the Bank of
England and other monied Corporations, the greatest
possible care has been observed, to impress upon the
English capitalist the imminent danger of losing what-
ever he had, or might invest in American securities. No
English press could accomplish this object,; but it has
been accomplished by four •ears of well-planned, well-
arranged and well-systematised assaults upon the credit
of the country through the columns of the New York
Herald. These assaults have been extensively circu-
lated through the English press ; and that they should
have proved successful should excite no surprise, how-
ever mortifying it may be, that reputable, well-inten-
tioned, and honest men, should have made themselves
parties to this most disastrous crusade against the cha-
racter and prosperity of our common country, by a
band of corrupt, unscrupulous, and unprincipled fo•
reigners, who have not a solitary feeling in unison with
the people among whom they are permitted, nay en-
couraged, to pursue their infamous course.—.lllorninq
Courier and New York Enquirer.