The Sun.
London, England, 1847-12-13 00:00:00

:,!qi iTtrain 4 :7'.E')ltit.

LONDON, MONDAY, DECEMBER 13, 1847.

The Committee to inquire into the causes of the
recent commercial distress is to be nominated this
evening. At present it is intended that it should
consist of twenty-six members. Many very able and
in uential persons are included in the list of which
the Chancellor of the Exchequer has given notice.
We regret, however, to find that a very large pro-
portion thereof consist of the most strenuous advocates
of the Bank Charter Act of 1844,:while few, if any, of
its avowed opponents have been selected ; and although
the anti-bullionists now number many Members of
Parliament amongst their ranks, we believe that Mr.
Sroosusx is the only person professing that class
of opinions, or who has placed himself in
decided opposition to the Act of 1819,
whose name will be proposed to the House. We
have never anticipated much benefit to the nation, or
indeed any practical results from the intended in-
vestigation. We have already had five Committees
sitting (with a single exception) during five succes-
sive sessions. Vast cumbers of witnesses were exa-
mined ; upwards of fourteen thousind questions were
asked, and answers returned ; and yet nothing what-
soever was done—the last Committee having stated,
"in reference to the great question involved in
the inquiry, that they felt it to be impossible,
before the probable termination of the session,
to give that consideration to the many im
portant points suggested in the evidence which
would enable them to report a well-grounded and
definitive opinion to the House." Three years after-
wards the Act of 1844 was introduced on the re-
sponsibility of the Government of the day, without
any opinion having been pronounced on the enormous
mesaof evidence that was taken. The Committee
now about to be appointedo have a still more extensive
geld of inquiry be
hope that any conclusivere
hen;and we can scarcely
opinion
will be pronounced
O
f ever) for a veryconsiderable time. But even as
it is, although the most
for an importantindefinite question of the
present day has been thus
shelved
the
has evaded
period—although the Financial
Ministeru
the responsibility of introducing
re-
quired by the exigencies of the nation
untilineasre
the es
mittee shall have made their report (probably anotrnhe.
arrival of the Greek Kalends), we should have de-
sired that the Committee had been differently co
Posed) and
.that all varieties of opinion had been
represented thereon. Our monetary laws may
be maintained in their present condition until
another crisis— a panic of still greater intensity,
a more universal and wide-spread ruin, and a still
greater depreciation of the value of every description
. of property—shall arouse the British people from
their lethargy, and convince them, by too painful
Ews vevriirpfe, of the absolute folly of sacrificing the
--nationtl\prosperity to the attempt to maintain a gad
2-**94,}4rdikt a fixed and uniform value, or to have the

7

'f-~

entire internal commerce of the country carried on
with a wholly inadequate and insufficient cir-
culation, and a rate of interest so high as
to deprive the manufacturer of the legitimate
profits of his industry and enterprise ; but it
would be desirable that general confidence
should be reposed in the impartiality of the Com-
mittee, from the result of whose labours some reforms
might possibly be introduced. We do not desire to
be understood as conveying any doubt as to the in-
tegrity of the gentlemen that are to be placed thereon,
or that they will not return a report in accordance
with what they believe to be for the best interests of
the country ; but their sentiments are well known,
and it will be almost hopeless to attempt to shake
their deep-rooted convictions. It would not be very
difficult to foretel the nature of the report that would
be made by a Committee so constituted. Mr. WAXLEY
bas given notice that he will move that the name of
Mr. Muir zz should be added thereto, when the Chancel-
lor of the Exchequer shall bring forward his motion ;
and Lord GEORGE BENTINCX has stated that it is his
intention to give notice of other names. We trust,
however, that Sir CUARLES WOOD will accede to
the suggestion of the Member for Finsbury, and that
the addition of several new Members, more parti-
cularly of those who support the Scotch system of
banking, may render any division unnecessary, and
that all parties, being fully and fairly represented,
the House and the nation may feel confidence in the
conclusions that may be arrived at.

On Friday evening a memorable event for the
constituency of Stockport occurred in the Lyceum
of that borough. On that evening their illustrious
representative, Mr. COBDEN, took his farewell of
those electors who first returned him to the Imperial
Parliament. Happily, the retirement of Mr. COBDEN
from the representation of Stockport has not origi-
nated from the impediment which was at one period
anticipated. His constitution has been so far re-
invigorated by his continental pilgrimage as to enable
hi-n to resume his legislative labours at Westminster,
and to sit henceforth in the House of Commons as
Member for the West Riding of Yorkshire. There
is, consequently, in this movement of our
distinguished countryman matter for congra-
tulation, not merely for the electors of the
most populous county constituency in the
United Kingdom, and for the Liberal population
generally, but even for the inhabitants of the
)orough town from the political interests of
which the Honourable Gentleman is compelle.l,
:n a great measure, to disconnect himself by
an irresistable concurrence of circumstances.
En receiving the adieux of such a man as the Apostle
of Free Trade principles without any manifestation
of chagrin, but, on the contrary, with a certain degree
of spontaneous enthusiasm, the enfranchised people of
Stockport have shown that they have sufficient pa-
-riotism to sacrifice their own local predilections
whenever the advantage of the nation generally
seems to be implicated in the selection. And
in this particular they constitute a brilliant
antithesis to the petulant citizens of Bath. At Bath
the gratification of individual prejudices and the
triumph of municipal partialities, has been considered
as so far superior to the maintenance of a great prin-
ciple and the benefit of the community at large, as to
lead to the rejection of a debater so eminent, and, in
his way, so invaluable as Mr. ROEBUCK, and that,
moreover, after fifteen years' service within the walls
of St. Stephen's. Bath has proved itself to be as
ungrateful and as unsteadfast as Stockport has just
proved itself to be self-forgetful and patriotic. In
t.c.e former a protracted interval of labour is
overlooked by reason of its fickleness, and for
the satisfaction of a petty and momentary
displeasure. In tho latter the admiration inspired
by the intelligence, the ardour, the eloquence, and
the industry, both physical and intellectual, of a re-
presentative of only five years' standing, survives his
separation from them and his removal to another
constituency of greater numerical importance. Such
is the contrast afforded by the electioneering proceed-
ings of Bath and Stockport; such is the selfishness of
the one and the magnanimity of the other ; such have
been the different receptions of ROEBUCK and
COBDEN,—the first sacrificed to the spleen arising
from a sentiment of sectarian fanaticism, the la' t
welcomed, even in his final appearance before them in
his political capacity, with that respect to which he
is entitled alike by his celebrity as an orator and his
genius as a statesman.

To all those gentlemen, dukes, lords, squires, and
burgesses who are still devoted to the inanimate idol
of Protection; to those pertinacious monopolists
whom Mr. COBDEN mentioned in such felicitous
terms as "curiosities and eccentricities ;" to Lord
STANLEY, to Lord GEORGE BENTINCK, to Sir JOHN
TYRRELL, to Mr. MILES, to Mr. NEWDEGATE, and to
all the rest of those Parliamentary oddities, who
either can't see the folly of their arguments, because
of the innate obfuscation of their intellects, or
won't see it, because of their intensity of
reverence for party ties and party principles—we
commend the plain and unanswerable remarks made
by Mr. COBDEN, on the occasion of his farewell to
the enlightened electors of Stockport. Each sentence
is "a palpable hit." Each fact is a homethrust. There
is no escape from the inferences drawn by the Mem-
ber for the West Riding of Yorkshire—inferences as
overwhelming to the Protectionists as any ever
enunciated by the same lips from the Opposition
benches of the House of Commons, or from the
stage of Covent-garden Theatre. After observing
that there was nowhere discoverable, throughout
the country, anything like a re-action in regard to
the principles of free trade, and that " every man
whom he believed to be a free-trader five or six years
ago was a free-trader now," Mr. COBDEN reminded
his auditory that those principles had not as yet re-
ceived any trial whatsoever. To the clamour raised
by the Country Party, that freedom of commerce was
already showing itself to be a most destructive
chimera, Mr. COBDEN replied that freedom of com-
merce had not as yet been tested as the
motive power of the mercantile machinery.
When the Protectionists exclaim that so
far from proving the redemption of the
community, free trade has, at the very outset of its
operation, led to a monetary panic, to a drain of gold,
and to a diminution of employment, Mr. COBDEN
responds, Not so : these calamities are the results of
thirty years of monopoly, coupled with the failure of
the potato crop, the scantiness of two successive har-
vests, and the almost unparalleled destitution of Ire-
land. Instead of having in any manner put the effi-
cacy of the free-trade doctrines to a trial, we have as
yet, he continues, " only got through the half of the
three years we are to hare of the fag end of monopoly."
As to the draining of gold from the country, that has
arisen from the prolonged dearth of provisions ; and
unless the gold had been remitted to America and
elsewhere in exchange for the cereal produce of those
countries, thousands of the inhabitants of these islands
must have literally perished from starvation. As to
the reduction in the amount of employment, it was
very sententiously remarked by the representative of
the West Riding of Yorkshire that " if there was a
failure in the cotton crop of 1846, he would by no
means undertake to assert that they would have
every spindle running." The logic of this
is obvious. Having demonstrated the absurdity
of the accusations raised against the advo-
cates of unrestricted commerce, Mr. COBDEN shows
how egregiously the monopolists were mistaken in
their various predictions. " They (the Protectionists)
declared," said he, " that when the corn-laws were
repealed the farmers of England would be ruined,
but they never were better off than last year; the
Protectionists told them that land would be thrown
out of cultivation, but people never were more busy
in cultivating the land than they were at this mo-
ment; the Protectionists said the landlords would
run away and settle in Australia, but the same land-
lords were getting higher rents for their land." Nor
were these the only allusions vouchsafed to the con-
wilier:Zia
lyeered eau.se of Monopoly by the Victor of Free Trade.
tradem e d
in thatdeahr
corn,
,stwi I;
shall adheredha
vteo hisAt opinionneri.
caa flourthat,
per lb. - an
briefly and distinctly,'
That announcement
at lid.
on being asked " When ?" replied
" When you get free trade !"
Mr. COBDEN, in the last bitter thrust made by
is the
of Stockport, against
othretshhoaNdvowes
rcoatneetion. As representative
shadowy
Rcaiduisneg,°fhe
farnow resume his Parlia-
rnentary labours, not very
of his Ministerial colleague. removed from the side

Attempts have been ;:171;Tertain quarters to
t)revent the roles who had been condemned to death

from appealing to the royal clemency. The news of
the sentence reached Posen on the 3d, and the greatest
excitement prevailed there in consequence.
On the Ist of January a reduction will be an-
nounced by the Austrian Government on the duties
upon raw cotton, sugar, and other colonial produce.
The duty on cotton will be reduced from 1 fl. 40 to 40
kreutzers. The Austrian Bank is about to issue a
new series of bank notes, and to call in those now in
circulation.

UHLICH, the leader of the new reformation in
Germany, has sent a written notificatkm to the con-
sistory of the church of the state, of his election as
pastor of the new community, which now consists of
2,056 families.

The Post Ampt Gazette, of Frankfort, says, that it
was generally reported there that the Jesuits, and
the members of other religicus orders expelled from
Switzerland, are to establish themselves in the con-
vents of Bruges, Ghent, Malines, Antwerp, Nivelles,
and other places in Belgium.
A letter from Vienna, of the 3d, states that the
Jesuits have arrived from Switzerland in that capi-
tal, and met with a kind reception from Price MET-
TERNICH.

The Austrian Governor of Cracow has published
the following decree :

" His Majesty the Emperor has thought right under
the circumstances to ordain, by resolution of the 21st
of November, 1847, that courts-martial shall try all per-
sons guilty of high treason in the following specified
cases :-Ist. Those who shall excite others to revolt or
insurrection, with high treason in view, although with-
out success. 2d. Those *ho shall resist, with an object
of high treason the armed force. 3d. Those who being
armed shall join a crowd, and not obey the authorities
who may enjoin them to withdraw, or who, during a
revolt, are seized with arms in their hands."

The Emperor of RUSSIA, in imitation of France,
has deciding upon establishing, at Athens, a school to
enable Russian subjects to study the Greek language.

The whole of Sicily is in insurrection, occasioned
by the rigour displayed by the Government. The
people have risen in arms, and the soldiers have re-
fused to act against them. The following letter has
been received from Naples :
" NAPLES, DEC. 2.—Sicily is on fire. The Consti-
tution of 1812, guaranteed at the time by England, has
been proclaimed in the whole island. The soldiers re-
fused to fire upo•i the people. The steamers expected
from Sicily have not arrived. This inteliigeace, we are
assured, arrived by the telegraph, and the interruption
in the communication with Sicily must tend to confirm
the account of the serious events which have occurred in
that island, We have remarked with surprise that a
large English steam-frigate, supposed to be the Terrible,
approached our gulf, and, after taking toundings along
the coast from Castellamare, put to sea again without
communicating with the shore. Ihe Terrible, no doubt,
came from Malta and Sicily."
The Florence Gazette announces that the King of
NAPLES has accepted the resignation of all his
Ministers, and that within a few days the public
will, in all probability, be made acquainted with the
accession of the kingdom of the Two Sicilies to the
Italian Customs' Union.

The Suisse of Berne announces that M. SIEGWART
MULLER had arrived at Domodossola, in Piedmont,
and that Sir STRATFORD CANNING arrived at Neuf-
chatel on the 7th, on his way to Berne.

The New Zurich Gazette announces that M. DE
SAMS SOGLIO, the late commander of the troops of
Lucerne, and Prince nis SCIIWAILTZENBERG, WhO had
served as a volunteer in the troops of that canton,
have arrived at Milan.

Madrid journals of the sth have arrived.

The Minister of Marine has presented to the Con-
gress a project of law by which the Government is
authorised to raise a loan, the interest and sinking
fund of which are not to exceed fifteen millions of
reels per annum, and the product of which is to be
expended in constructing and repairing ships for the
nary, and in purchase of timbers and other naval
stores. In cases of urgency, or when the interest of
the service requires it, the Government is authorised
to construct sailing vessels or steamers abroad, and to
introduce steam-engines and other effects indispen•
sable for the rapid increase of the royal navy-, free from
all duties, always making use in the first place of the
means afforded by the national arsenal and manu-
factures.

The Afrancesados are highly offended with
NARVAEZ on account of the constitutional nature of
his programme, and more especially on account of
the eulogium he passed upon ESPARTERO. PIDAL,
the tool of the French party, has bitterly attacked
the Ministry, and has proclaimed that resistance as
identified with the very idea of Government.
CHRISTINA was in a furious rage with NARYAES
when she heard of his speech, and proceeded imme-
diately to the QUEEN, insisting that sbe should dis-
miss NARVAEZ, and appoint MON and PIDAL to the
Ministry. The QUEEN, however, stood firm, and as
she has now NARVAEZ to back her, it is not impro-
bable that the busy, intriguing, unprincipled ens's-
TINA may be once more :compelled to seek re-
fuge in the Hotel de Courcelles. This affair
took place on the 3d, and NARVAEZ, as is
usual with him after one of those exciting scenes, was
on the day following so unwell as to be compelled
to keep his bed. MARTINEZ DE LA ROSA has been
re-elected Deputy at Alhuma.

MADRID BoLSA, DEC. S.—The Three per Cents.
were done at 26 for cash ; the Five per Cents. at 15
for paper; and the Debt without Interest, at 4i for
cash.

We have received the Paris papers of Friday and
Saturday.
Rumours of the approaching resignation of M.
GuizoT continued to be rife in Paris. He had, it
appears, entered into an agreement with Prince
METTERNICII to station an army of 40,000 men on
the frontiers of Switzerland, while Austria, on her
part, was to assemble an army of 80,000 in the
Voralberg. This agreement he had entered into

without consulting the Cabinet, and on the proposition
' being submitted to his colleagues, it was strenuously
opposed by M. DUCHATEL, and M. GUIZOT found
himself, to his surprise, in a minority in his own
Cabinet. At the same time he learned the answer
given by Lord PALMERSTON to Mr. OSBORNE, on the
subject of the Swiss intervention, and immediately
set off alone for St. Cloud, where he had an inter-
view with the KING. On his return to Paris he
appeared much out of humour, and, to add to his
chagrin, received, on the same evening, the answer of
the Swiss Diet to his note, and the intelligence that the
public perusal of his note in the Diet had
excited shouts of laughter, and an intimation
that Prussia withdrew from the conference.
He had an interview with M. DUCHATEL the same
evening, which lasted for three hours ; and on
Thursday morning he had another long conference
with him. In order, however, to comfort him under
his afflictions, it appears that his colleagues have
permitted him to make some of the diplomatic ap-
pointments on which he had set his heart.

The Moniteur announces officially that, by royal
oFdonnances dated the Bth, the following diplomatic
mutations and appointments have been made, viz.,
M. DE BACOURT, Envoy Extraordinary and Minister
Plenipotentiary to the United States of America, to
be Ambassador to the King of SARDINIA. and Minis-
ter Plenipotentiary to the Archduchess of PARMA, in
the room of Count MORTIER ; the Duke DE GLUCRS-
BERG, Minister Plenipotentiary to the Court of Spain,
to be Envoy Extraordinary and Minister Pleni-
potentiary to the Court of Portugal, in the room of
Baron BURIGNOT DE VARENNES, who is appointed
in the same capacity to the Court of Denmark, in
the room of Baron DE BILLING, who has been ap•
pointed Envoy Extraordinary and Minister Pleni-
potentiary to the Germanic Confederation ; M.
PAGEOT, to be Envoy Extraordinary and Minister
Plenipotentiary to the United States of America, in
the room of M. DE BACOURT; and the Duke DE
Bassario, Secretary of Embassy at Brussels, to be
Minister Plenipotentiary, and, in that quality, to be
Charge d'Affaires ad interim at the Court of the
Elector of HESSE.

The Journal des Debuts announces that the ordon-
nance, appointing M. PISCATOILY Ambassador to Ma-
drid, was signed by the KING on the 10th.

We read in the Presse—" it is confidently stated
that, according to new notes received by the Minister
of Foreign Affairs, the three Powers of the North
persist more than ever in their intention of interfering
in the arrangement of the affairs of Switzerland, by
proceeding as, in 1831, in the affairs of Holland—
first, by the employment of protocols ; and next, if
necessary, by having recourse to 'force. The three

Powers, it is said, have furthermore expressed a de-
sire that the town of Neufchatel should be the place
fixed on for holding the conferences. It is asserted
that the French Cabinet immediately replied in the
affirmative to both propositions. Austria will be re-
presented by General Count DE COLLOREDO, Prussia
by General RADOWITZ, who is, in addition, to be
named Military Governor of Neufchatel for the King
of PRUSSIA. The representative of Russia is not yet
known. As to the choice of the French Government,
it is certain that it will not fall on M. Bois LE
COMTE, whose personal relations with M. OCIISEN•
BEIN are envenomed to the utmost possible extent.
There is some question of entrusting this mission to
M. DE LAGOENEE."

The Union Monarchigue makes a similar an
nouncement.

Whatever may be the intentions of Austria and
Russia, we believe that Prussia has withdrawn
from the conference, and will observe the strictest
neutrality.
This surmise receives corroboration from the
fact that in the Journal des Debats of Saturday we
find an attack upon the King of PRUSSIA for his delay
in granting an amnesty to the condemned Poles.
Those who sacrificed " for a consideration" Cracow
to Austria, and who have acted as spies on the Polish
refugees in France, sending accurate information of
all their movements to the three Northern Courts, are
not the most likely persons in the world to be seized
with a sudden fit of generous enthusiasm on behalf of
the oppressed. In common with the great majority
of mankind, we have infinitely more faith in the
humanity of the King of PRUSSIA than in the hone'sty
of the Government of France.

The following account of the submission of ARID-
EL-KADER to the Emperor of MOROCCO appears in
the Semaphore de Marseilles of the Bth :

" The steam• packet Philippe Auguste, which left
Algiers on thestlLinst., entered our harbour last even-
ing. We have received by that vessel the important
intelligence of the submission of Abd-el-Kacler to the
Emperor of Morocco. Bou Hamedi, who had been sent
by the Emir to the Emperor to offer him his submission,
returned to the deira with a Moorish envoy, who in-
formed him that Abderrhaman had rejected that offer,
and would only consent to accept it on the express
condition that Abd- el-Kader should immediately disperse
hip deira ; •that the principal chiefs, who remained with
him, should pledge themselves to reside separately on,
,shatevor points might be assigned to them by the
French Government and the Emperor of Morocco ; and,
finally, that Abd-el-Kader himself should not quit the
residence he was at liberty to choose. Our correspon-
dent adds, that Abd el-Kader, whose situation had
become most critical, had accepted these conditions, and
appointed a place for his residence in the neighbourhood
of Fez. The deira of the Emir was immediately dis-
persed, and his horses were hamstrung in the presence
of the Moorish Envoy, according to the Arab custom."
The Reform movement continues to make great pro-
gress in France, and the alarm of the Minister is serious
and undisguised. At first these banquets were un-
noticed by the Ministerial journals, then they were
ridiculed, but now, according to the Journal des
Di;batx, they are revolutionary, incendiary, dange-
rous, and M. ()DILLON BARROT, who says the Debuts
"has for four months dragged the Government from
dinner to dinner to expose it to the ridicule and to
the hatred of all political parties," is merely the pre-
cursor of a MARA? or a ROBESI'IERRE.
Preparations are making for the opening of the
Chambers. M. SAUZET will, it is said, be re-elected
President without opposition. M. LACAYx LAPLAGNE
and Marshal BUGtAUD are spoken of as new candi.
dates for the vice-presidency.
The Reforme Contains the following informa-
tion relative to tie meeting of the directors of the
Northern Railway, at which it was agreed to call for
75f. per share at the close of next February:-
" Ten directors were present at the sitting which
took place on Saturday. Five of the most influ-
ential among them insisted on the call being postponed
until July, and urged M. de Rothschild, as banker of
the compsny, to advance the sum necessary to effect the
payment due to the Government in January. M. Pereira
is said to have himself strongly recommended to make
❑o call, in order to relieve the market and afford ccm
merce time to improve. But M. de Rothschild was in-
exorable, and replied to all the entreaties addressed to
him, that he bad no money, that he could lend nothing.
and was obliged to reserve all his resources for the pay-
ment of the instalments of the last loan.' "
The Three per Cents. closed on the Paris Bourse
on Saturday, at 75f. 30c.; New Loan, 76f.
40c.; the Five per Cents., 116 f. 55c. ; the Orleans
Railroad Shares, 1,191 f. 25c.; Rouen, 902 f. 50c. ;1
Havre, 472 f. 50c. ; Great Northern, 543 f. fsc.;
Avignon, 55gf. 75e.; Vierzon, 542 f. 50c. ; Bordeaux,
482 f. 50c.; Dieppe, 246 f.; Basle, 1621' 50c. ; Paris
and Strasburg, 406 f. 25e.; Nantes, 388 f. 75c.;
Paris and Lyons, 383 f. 75c. ; Spanish Actives, 28f ;
Spanish Three per Cents., 30i.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, DEC. 11.
Namur and Liege, 434-Northern of France, 1134-Or-
leans and Bordeaux, 514-Over Yssel, 2 dis.-Paris and
Lyons, 5%-Sambre and Meese, 714. •

-- -
INSTITUTION OF THE ADULT
DEAF AND DUMB.—(THIS DAY.)
A meeting of the committee of management of the
institution for teaching trades, and providing employ-
ment for the adult deaf and dumb of both sexes, was
held this morning at the board-room of the establish-
ment, No. 26, Bed Lien-square, Bloomsbury, for the
purpose of taking the necessary steps before presenting
to the Corporation of theeity of London the memorial
decided upon at a previous Court, and signed by the
chairman, William Evans, Esq., M.P.
The signatures of the several members of the com-
mittee present having been attached to the memorial, the
annual report of the society for 1847 was read, together
with the minutes of the preceding Court, from which
we extract the following passage, the subject being of
considerable interest as to whether the deaf and dumb
are fully capable of receiving instruction.
The CHAIRMAN (W. Evans, Esq., M.P.), asked the
secretary whether the officers of the institution were
then upon the establishment, as he should like to exa-
mine them in order to ascertain the capabilities of the
inmates to learn the trades carried on?
Being answered in the affirmative, Mr. Barton, the
hcaringmsster of the. shoemaking department was
called, and in answer to the several questions of the
worthy chairman, stated that he taught the deaf and
dumb the trade of shoemaking, and he did not find the
task very difficult. Several deaf and dumb youths whom
he had instructed were now journeymen at first-rate
houses at the west-end of London. The youths who
were at present under his management would be perfect
in their trade in the course of two years/ those who had
no previous knowledge of the business he could instruct
in three years. The principal requirement of the deaf
and dumb was kindness and attention, with which they
could learn trades with a facility equal to those possess-
ing the power of speech and hearing.
The IIEA.RINQMASTER of the tailoring department
deposed to a similar effect. Some deaf and dumb youths
were obstinate and difficult to teach, but a similar
complaint could be applied to those who were not so
afflicted. By a regular and religious system of training
their obstinacy was speedily replaced by submissiveness
and attention.

Mr. D. MURRAY, the superintendent of the establish-
ment, said the female inmates upon admission were
very violent and bad tempered, but after remaining in
the asylum a short time, they became quiet and re •
spectful in their behaviour. Recently a youth was re-
ceived into the institution from a lunatic asylum, and
the change of treatment had acted very strongly upon
his mind. He was now one of the most attentive of
the several inmates, and in the course of a short time
he would be enabled to sustain himself by his own
industry.
Various specimens of the work of the deaf and dumb
were exhibited, and their neatness celled forth many re-
marks of satisfaction and surprise.

It was generally reported at the clubs last night,
that Mr. Tancred or Mr. Hayter, the oldest members of
the Liberal bar who have seats in Parliament, will be
appointed to the office of Judge-Advocate General, in
place of Mr. Charles Buller. We believe that either of
these appointments would give general satisfaction to the
Liberal party.—Chroniele.
The Hon. Robert Gore, R.N.,
lately appointed
Consul at Monte Video, has instructions to await at Rio
Janeiro the arrival of an envoy to be sent out by France,
and to proceed in company with him to the River Plate,
where b.)th will appear in concert to enforce the terms of
pacification agreed upon by the Governments of England
and of France.—Observer.
Mr. W. H. Tinney, Q.O , of Lincoln's Inn, is to
be the new Master in Chancery, vacant by the death of
Mr. Duckworth.—Observer.
Lord Ebrington is to be appointed to the office of
Parliamentary Secretary to the new Poor-law Commis-
sion, and Mr. Nicholls, the senior Commissioner of the
commission now about to be superseded, is to be the
permanent secretary. The present commission will ex-
pire on the day after the commission appointing Mr.
Charles Buller the President is published in the Gazelle.
FIRE IN HOLDORN.—On Saturday night, about a
quarter to eleven o'clock, a fire broke out in a small
shed occupied by a costermonger, in Smart's-buildings,
Holborn. The engines from the various stations wore
quickly on the spot, but owing to a short supply of
water, they could not prevent the total destruction of
the adjoining premises, occupied by Mr. S. Wells, fur-
niture dealer.
CANADIAN BUTTER.--Among the most recent
arrivals from North America have been some large im-
portations of butter from the Canadian provinces of that
quarter of the globe. One vessel, recently arrived, has
brought nearly four hundred packages, and another about
three hundred packages of that article of food, the pro•
duce of Canada.
- ORANGES.—From the arrivals which have already
taken place, it is expected that the quantity of oranges
imported this year will be very large.

MONEY and COMMERCIAL NEWS
CITY, QUARTER TO THREE.

There was a very quiet Market for Cotton at Liver-
pool on Saturday. Sales 2,500 bales, without alteration
in prices.—Railway Shares were quiet.
There are advices to the 14th of August from Sydney,
the 16th of July from Hobart Town, and the 10th
from Port Philip. From Adelaide we have dates to the
14th of June. Affairs seem in a general point of view
to be progressing satisfactorily in the colonies, and the
chief thing needed now is an influx of labour. There is no
dangerous speculation or fictitious prosperity in the Aus-
tralian settlements, but to the:small capitalist a prospect of
steady accumulation, and to the working man, of good
employment and remuneration are, perhaps, more than
ever open. In this respect, therefore, we are glad that
the Government here have funds adequate to promote
at least a moderate amount of free emigration, and,
consequently, a large number of parties are being
sent out,

The ;tables relative to imports and exports show a
great increase in the former at Sydney, and with-
out a corresponding augmentation in the exports,
although the latter do also exhibit an increase. The
Commercial Bank of Sydney had been compelled to
trench upon its reserved fund to make up losses sus-
tained by the dishonesty of one of its servants.

The Port Phillip colony gets on well, but even pas-
toral occupations were impeded by the want of labour.
Mining in South Australia progresses wonderfully,
and two dividends of fifty per cent. each had
been declared within a few weeks upon the shares of the
Mining Association. The smelting of copper will also,
no doubt, be curried on to some extent hereafter in the
colonies.

The emigrant ships Trafalgar and Belle Alliance had
arrived out with nearly 600 persons ou board, and the
state of their health is well spoken of.
The accounts received from the Continent state that
money was rather scarce, and a few more failures had
occurred in different parts.

The market for the public securities has been very
quiet this morning, and there is a firm tone observable.
Conso's are 86 for special Transfer, and 851 to exidiv.
for Account. The New Three-and-a-Quarter per Cents.
have been 861 to k. Bank Stock is 186 k. Exchequer-
bills have risen to 6s. and gs. premium, an indication of
the grelter abundance of money; and East India Bonds
under 1,0001. are at 18s. discount. There is very little
speculation going on.

The Foreign Stock Market presents a mere blank,
Not a b ►rgain has been entered into in the Peninsular
or South American Bonds, if we except Grenada ; De-
ferred at ; Dutch Two-and-a-Half per Cents, are
55; and Belgian Four-and-a-Half per Cents. at 89.
Railway Shares participate in the steadiness of the
public securities, although the dealings have been
limited. We quote Caledonian 37 to 371; Eastern
Counties, 16 to 16i; Great Western, 99i to 98i;
Brighton, 4:311; North Western, 1531 to 152 k; South
Western, 54i ex new; North British, 26;1 i; North
Stafford, 7 to 71; South Eastern, 31 to 311; and Northern
of France, 118.

ONE CLOSIN
PRICES OF BRITISH FUNDS. O'CLOCK. PRICES Bank Stock
3 per Cent. Reduced Anne B5 84% 84311
3 per Cent. Consols Annuities B6 864
New 314 per Cent. Anne 861,4141/4 86%
Long Anns. to expire Jan.lB6o -16
Ditto, Oct. 10, 1859 ..... -16
India Bonds, 1,0004 ...__ ......
Ditto under 1,0001...
South Sea Stock
Consols for Account 8544
Exchequer Bills. 3d.
1,000/.
5001. .. ..
Small .. .. 13 9 p
ONE CLOSING
O'CLOCK PRICES

PRICES OF FOREIGN FUNDS. - -
Grenada Bonds, 1 per Cent. —
Ditto Deferred
Mexican, 5 per Cent. 1846
Portuguese 5 per Cents. —
Ditto, 4 per Cent —
Spanish 5 per Cent. 1840.
Dividends on the above payable in London.
Belgian 41,1 per Cent
Dutch, 2% per Cent., 12 Guild 55
Ditto. 4 per Cent. Certificates

PRICES OF PAID BUSINESS DONE CLOSING
RAILWAY SHARES -' AT ONE O'CLOCK. PRICES
Aberdeen
Amber.. Nott., Boston,
and Eastern Junction 2%
Ayrshire and Galloway.. 2IA - -
Belfast & County Down 10 - •••• 0000000 ..•
Birmingham and Ox-
ford Junction
Birmingham, Wolver-
hampton, and Dudley 10 ... .. .... ....
Birniing.,Wolverh'pton,
and Stour Valley 101. 145....
Birkenhead, Lancashire,
and Cheshire June.... 73/4 o
Boston, Stamfd, & Birm. 5 - ..............
Bristol and Exeter
Ditto, Thirds
Buckinghamshire 101. 4s. 2% dig. 3I,A dis
Caledonian
Ditto, Half Shares..... 33/4 —
Ditto, Clydesdale June 50 ......
Chester and Holyhead... 37%
Ditto, Preference .. 8
"".
••••••
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2d Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent. lO .....
Dublin and BelfastJunc. 20
Dundalk & Enniskillen 15
East Anglia, 25/., L. &
E. and L. and D......: 25
Do., 184, E. & H.... 18
Do., 3/.105., E. &H. 2
Eastern ounties
Ditto
_(B) 2O ......
Ditto,Extension, 5 per
Cent, No. 1. 61.135. 4d...
Ditto ditto, No. 2... 61. 13s. 4d...
Do., York Extension.. 10 ...... 8
Do., North. & Eastern 50 ...... ... .••
Do., Quarters
Do., New - 23
Eastern Union , 5O .. ... ... ...... .. ...
Ditto, Quarter Share,s 12% —
Ditto, Thirds ... ....13s. 4d
Do., (guar. 6 percent) — ........ .....
East Lancashire
Ditto, New - ...
Ditto, New Quarters... 334
East Lincolnshire
Edinburgh and Glasgow 5() ...... 46% 46 ...... -
Ditto Half Shares
Ditto, Quarter Shares 12%
Edinburgh & Northern.. 22% —
Ditto, Now
Ditto, Newport ..... ... 91A
Ditto, ditto, New . .... 2;i —
Exeter, Yeovil, & Dorch. . 2%
Ditto, New .
Glasgow, Dumfries, and
Carlisle 84 62.8 d. —
Glasgow, Kilinar.,& Ayr 50 ......
Ditto, New
Do. Preference Consol. 121,4......
Great Northern lOl
Do., London and York 2 % 3/4
Great South. and West.
(Ireland)
Great North of England..loo .225
Ditto, New 404 5 —
Ditto, New 30/. 30 -
Ditto, New 15/ . 6% — -. --
Great Western
Ditto, % Shares ... 50
Ditto, 4 Shares
Ditto, Fifths 2O
Ditto, New 171 7 - .....
Huddersfield & Blanches. 22
Ditto, Thirds
Hull and Selby
Ditto, Half Shares.... 25
Ditto, 4 Shares....... 12%
4pswiel& Bury St. Edm. 15
Do., do., and Norwich 15
Do., do., Extens. Scrip
(late Camb. & Ely) 2% 11,4
Lancaster and Carlisle... 50
Ditto, Thirds lO
••
Lancashire & Yorkshire 93 ......
Ditto, ditto
Ditto 1,6 Shares .
Do. Quarter Shares... 14% —
Do. Fifths 8 ..... 8%..... .........
Do. Sixteenths 614 —
Do. Thirds (Reg.)....10/. 4s.
Do. Liverp. and' Bury 34
Ditto 14 (late Hud-
dersfield and Sheff.) 33 -
Do.( Wakefield, Ponte-
fract. & Goole
Do. ( W. Riding Union) 4/. 2s
Do. (Preston & Wyre) 25
Do. % Sh, (A) -

lazes ( 9
DittOditto (B) ... 114
Leeds and Bradford 5O
Leicester and Bedford... 16s.
Leeds, Dewsbury, &c.... 37% — ••••••..•
Do., Branch % Shares 12%.. ...
DoNew Branch( blue) 2%
Do. Extension (green) 2%.....
••••
Do.NovExten. (pink) 2%
Leeds and Thirsk 36 ...... 20%
Ditto, New 17% ........ ......
Do., Prefer., 6 per Ct. 3% — ...... •••••• -
Liverpool, Crosby and
Southport ..- .... 2
Liverp., Mnchstr& New-

_
%

981 h
58%
163
776

54%

20%

easile Junction 21%2 .....
London and Blackwell-161.135. 4d.
Do. New, No. 1
Do. New, No. 2 .. 41. 13s. 4d....
Do. Extension l7l/2
Landon, Brighton, and
South Coast . - 5 O 5O
Do. Consol. Eighths.. 30
Do. Guarant. 5 per et. 9
Do. Pref. Con. 5 per ct. 50 .
London and Greenwich 12115 s 4d...
Ditto, Preference ... 18/1;s 2d.
London awl N. Western 100 ......152 1531/2 1521/2 15214
Do., Quarters L. & B. 17
Do., do., New ... ..... 2
Ditto Fifths
Do. 14 Shares (G. J.) 25 —
Do 40/.Shares(L.M.) 15 —
-'Do. 40/. (M. & B.) ... 40
Do. 101. (M 1 & B.) A. 71/2
... .. .........
Do. 10/. (M. & B.)13. 71/2
Do. 101. (al. & B.) C. 1 ...... 5% -
%
Load. &S. Western 41/. 6s. 8d 54% ex new ...54%x.n.
Do. New Coml. Bths 40

43%

1134