The Sun.
London, England, 1847-04-29 00:00:00

MONEY MARKET.

The proposals for the eighteen million loan are to be
opened on the 10th inst. It is pretty well understood
here that there will be a large number of applicants for
scattering lots, at a fraction over par, and that a com-
pany of speculators from this city will be on the spot,
prepared to take the balance, provided they can make
the necessary arrangements as to the time of payment.
On this point there will be some difficulty. If the
terms can be made easy by the secretary, so that he will
not require more than 1,000,000 to 2,000,000 dollars a
month, which will enable the holders to distribute the
loan in different points, then the loan will be taken with-
out difficulty.
It is, however, stated that the wants of the Govern.
ment are very great, and that something. like 5,000,000
dollars will be speedily wanted. If the Secretary of the
Treasury should refuse to make any arrangement for U.
moderate and gradual monthly payment of the loan,
then the difficulty of making the negotiation will be in-
creased. It is difficult to predict what will be the result.
The capitalists who will be on the spot will be prepared
to make the best terms possible, and, of course, to take
all reasonable advantages of the necessities of the Go-
vernment.

It is understood that parties taking the ldan will be
permitted to pay for the same in specie, at different
points—viz., at New Orleans, and other-places. This is
to avoid. the inconvenience of receiving the specie in
New York, and of transporting it to distant points.
If the necessities of the Government should be such as
to require a large amount to be paid in at once, and this
sum should have to be -paid here, it would take a very
large amount of money from our banks, and would create
at least, a temporary pressure fur money. There would
not be the slightest chance for this loan to be taken were
it not from the belief among many :of the bidders that
there will shortly be a peace. If the war should con-
tinue more money would be wanted, and stocks would
go down much below par. If, however, there should be
a peace, there would be a rapid advance. It is this con-
tingency that induces some capitalists to go into the spe-
culation.
The bid for this loan will be wholly on American ea-
count, so far as we tave* been able to ascertain the facts,
and not a dollar will be taken on foreign account.
FOREIGN EXCRANGES.—BiIIs on London, 104; to 105;
bills on Paris, 5.434 to ; bills on Amsterdam, 381 to
39 ; bills on Hamburgh, 34j to 35 ; bills on Bremen,
77 to —.

SPANISH BONDHOLDERS.
The Committee of the Spanish Bondhglders Associa-
tion have received from Don Jose Borrajo, the Spanish
fiaancialetigent in Londun, the copy of a dispatch ad-
dressed td him by the new Minister of Finance, M.
Salamanca, of which the following is a translation :
" Madrid, April 16, 1847.
" The definitive arrangement of the Spanish debt, so long
paralysed and dormant, owing to the sad (vents of which
Spain has been the theatre for the last 13 years, has claimed,
as it could no less, the attention of the Government from the
moment when the individuals composing it had the honour of
obtaining the confidence of her Majesty.
" Decided to begin at once this act of justice, interest, and
national duty, they have thought that, in order to satisfy
worthily the just hopes of the creditors of the State, it is in-
dispensable to proceed with
_loyalty and good faith to the
examination and full discussion of the whole extent of
existing claims, and of the means which can be applied to
the solution of them; and in order that the measures they
propose may have all the prestige and favourable recommen-
dation suited to such grave matters, they have determined,
by a decree of this date, on the nomination of a commission
composed of well-informed and special persons, to whom
shall be submitted from the various departments of Govern-
ment all the data and documents necessary for the exact
knowledge and examination of this affair, and to whom will
be presented by this Ministry the suitable instructions and a
note of the amount of the values which can be applied to so
sacred an obligation.
" For the better elucidation of so important a busineu,
the Government also desires that the creditors of the State
should have a direct and immediate intervention in the pro-
gress of the labours of this commission, and with this view
it has resolved that you, placing yourself in communication
with the committees of Spanish bondholders already existing,
or which may be formed expressly for this object, may make
them acquainted with the views of frankness which the
Government of her Majesty entertains, and that you invite
them to nominate a person sufficiently authorised and send
him to this capital, in order that, joining the commission
named and assisting at its sittings, in union with the other
representatives of the rest of the creditors of the State, na-
tional and foreign, that commission may more satisfactorily
fulfil its mission.

" You will in due time give me advice, for the information
of her Majesty, of the progress you make in the fulfilment of
this charge, of the steps you take with that end, and of the
results you obtain.
" I communicate this to you by a royal order for your
knowledge and guidance. God preserve you many years.
" JOSE DE SALAMANCA.
" To the Finance Commissioner in London."

In compliance with the tenour of this dispatch, the
Committee of the Association of Spanish Bondholders
have appointed Mr. James Henderson, who has been
several months in Madrid engaged in prosecuting the
olaims of the bondholders, to attend the meetings of the
commission named by the Spanish Government, and to
send reports of its proceedings.

HIGHWAY ROBBERY AND MURDER.--ROIHroID,
SUNDAY.—For several days a great deal of excitement has
prevailed in this town, in consequence of the death of an old
man named James Terry, in Rockford union poor-house, who
was attacked and robbed by a footpad a few nights since, in
a bye-lane between Rochford and Canewdon. The inquest
an the body was opened by Mr. Codd, the county coroner, on
Saturday last, at the union-house, Rochford. when the sub-
joined facts were elicited. It appeared that about eleven
o'clock on Wednesday, the 31st ult., the unfortunate de-
ceased, who was nearly in his 70th year, was proceeding
down the lane abovementioned, when he was accosted by a
man, a perfect stranger, who asked deceased if he could tell
him the time. He pulled out his watch, and, giving the
hour, proceeded onwards; but in a few minutes he suddenly
felt himself struck as if by some sharp instrument, such as a
hoe or a bill, and became insensible. When found, which
was about two hours after the attack, he was still in-
sensible from the effects of the blow, and bleeding from
several wounds about the head. He was immediately
conveyed to the union-house, where, through the exer-
tions of the medical gentlemen called in, he shortly re-
covered. He related the nature of the attack upon h. t
m,and,
had
bag, uannddere a d
khe.
From the description he gave of the ribber the police, under
os searching ahris chwi nagt
watch,
4p.0. pockets,
i ts
an
cid his
a k assailantfe, a
the superintendence of Mr. Lowe, of the rural force, captured
several men, who were conveyed before the old man, and
one of them, named James Wiltshirrae,e.he
eidoennt
tirifimedatourybiLoingf
the fellow who committed the outg
was added by the deceased's watch being traced in his key,pos-
NoWiltshire
tst hh
iewr
ede
waser wereos foundtaikone
taken
on
f before
thhi se
tps
hee ear
ss i
magistratesoo
nn ,
ww ieinl et atkhaeetn bR intoaogc,hkef
ounrsi
dtf eo, ,d
wya n.
hdo
old man, committed him to Chelmsford to take his trial at
the ensuing assizes, on the charge of highway robbery.
The deceased lingered but a few days after Wiltshire's com-
mitment, and died from the effects of the attack on Tuesday
last. It being desirable that the accused should be present
at the inquiry, it was adjourned for three weeks, so as to
allow the coroner to consult with the authorities at the
Home-office for his attendance before the jury.
MAILS....-.SOUTHAMPTON, APRIL 27.—The Oriental
Company's steam-ship Montrose, Captain Burney, left the
docks at three P.m. this day for Gibraltar, with the Penin-
sular and Mediterranean mails, a full cargo, and about eigh-
been passengers. The Ripon, Captain Moresby, is hourly
expected with the East India and China mails; there are
among the passengers Sir Henry Smith and family, whose
friends are awaiting his arrival with anxiety, at Radley's
Hotel. The Tiger, Captain Hamilton, arrived yesterday
Genoa on the 13th of April,
Gfroihmrartaeltalian
Gibraltar
o th ports,
,Na Naples
stnhge
Bth,
and Leghorn the 11th.
She has brought home forty-six passengers. The Tiger has
a full cargo, consisting of works of art, silk, oil, cream of
tartar, &c.
FOOD RIOTS IN BERLIN.—We learn from the
Prussian Gazette of the 23d instant, that disturbances had
taken place in the market-places of Berlin, owing to a pre-
valent opinion among the populace that the holders of pota-
toes were asking exorbitant prices. The rioters made several
attempts to obtain forcible possession of the stocks of that
vegetable in the hands of various dealers, and, towards even-
ing, collected in such numbers that it was necessary to call
out a detachment of infantry and a squadron of caviar,' in
order to disperse them.