The Sun.
London, England, 1841-11-02 00:00:00

PRICE 5d

169 b, by William 111., forming part of the naval and
military trophies on either side of the grand entrance.
INJURY TO PRIVATE PROPERTY. .

In the course of yesterday morning Mr. Braidwood
laid before the Directors of the London Fire Brigade the
following official report of the fire, as to its extent and
the property destroyed and damaged :
" Table Tower and the Armoury, on the Parade in the
Tower of London, occupied by the Government. Busi-
ness in the Armoury Department for workmen and fur-
bishers. The cause of lire unknown. Engines called by
the police and strangers. Water very scantily supplied
from tanks and the River Thames. Engines in attend-
ance-6 A, I float, A, 18,10, 1 D float (42 men) ;
West of England, County, Custom-house, 12 Govern-
ment, and 1 parish.
" The fire consumed the whole of the Round-table
Armoury, and contents therein. A quantity of arms
and muskets removed Out of the Long Armoury; destruc-
tion of the whole of the building, and great damage
done to the roof of the barracks and offices round, in
the street at the back of the Long Armoury, and slightly
da magefi the chapel-roof adjoining.
" No. 1, Parade.—Mr. Arthur Allen, upper east end
of the Armoury, occupied the second floors and attics.
Furniture insured in the Phoenix ; seriously damaged by
removal and water ; the roof and front of the building
seriously injured.
" Mrs. Elizabeth Lloyd occupied the ground-floors and
basement story. Furniture insured in the Sun ; property
very much damaged and destroyed by water and removal.
" Mr. William Elder, occupied the right wing of No. 1.
Furniture not insured ; greatly damaged by removal.
" Mr. T. Forman, Member for Bridgewater, counting-
house, unknown whether insured. Books and papers
destroyed and seriously damaged.
" No. 2, Terrace.—Mr: W. Kemp, Ordnance 'Map-
office, furniture not insured, greatly damaged by removal.
" Round Tower, adjoining the Chapel, occupied by
Mr. John Cooper, furniture insured in the British,
greatly damaged by removal and water.
" At the back of the Chapel, occupied by Mr. Pell,
furniture nit insured, damaged by removal.
" The above is the whole of the damage sustained by
the persons connected with the Tower. The loss in the
aggregate is supposed not to exceed 1,000/.
" The whole of the arms which are in the ruins are
completely destroyed. Fortunately the new percussion
muskets were all saved.

SPIRIT of the PUBLIC JOURNALS.
FROM THE MORNING PAPERS OF THIS DAY.
POST.—The election of Mr. O'Connell to the office
of Lord Mayor of Dublin is, upon the whole, we think,
a favourable circumstance to the Irish Government of
Lord De Grey. It is at least infinitely better that Mr.
O'Connell should fill the office in his own person, than
that he should have delegated it to any of his subordi-
nates or tools, in virtue of the power which the Irish
Municipal Reform Act has, at least for the present,
placed in I:is hands. The functions of chief agitator for
repeal, and those of chief Magistrate of Dublin, when
united in the hands of the same individual must griev-
ously thwart and perplex each other. Whether the Lord
Mayor will muzzle the Repealer, or the Repealer degrade
and stultify tne Lord Mayor, remains yet to be seen. But
in either case, the cause of tranquillity and good go-
vernment will evidently be the gainer. Our Ministe-
rial Contemporaries are, we perceive, delighting them-
selves with the anticipation which they indulge, cer-
tainly without any warrant either from reason or expe-
rience, that Dublin, with a Whig-Radical Corporation,
must henceforth return Whig-Radical Members to the
House of Commons. We only know that the prevalence
of Whig-Radicalism in an English Corporation is not a
circumstance by any means discouraging to the hopes of
a Conservative candidate at the election for Members of
Parliament. Somehow or other the inhabitants now and
then find out that, although Whig-Radicalism may beta
very good thing, they have quite enough of it at home,
and can very well afford to do without it in their Parlia-
mentary representation. It is just possible that the in-
habitants of Dublin may make the same discovery.
ADVERTISER.—Mr. O'Connell is Lord Mayor of
Dublin. To that distinguished civic office he was elected
yesterday. Wonders will never cease. Had any ono
ventured to predict a few years ago, that Mr. O'Connell
would, in 1841, be the first magistrate of Dublin, he
would have been voted, by universal consent, a fit and
proper subject for immediate transfer to the nearest lu-
natic asylum. Most heartily do we rejoice at O'Con-
nell's election to the Mayoralty of Dublin, not from
any peculiar personal qualification, but because it is an
assertion in his person of the great principle, that no
man's religious opinions ought to operate as a bar to
his admission to any civil office. It is a carrying out of
the spirit of that Act of the Legislature which, in 1829,
threw open the doors of both Houses of Parliament
to the Roman Catholics. To have admitted them to
take a part
,in the discussions and votes of the Legisla-
ture, and yet have persisted in their exclusion from any
municipal offices whatever, would' nave been an anomaly
'which would haft) been Aizereditalile to a civilised coun-
try. We congratulate the Roman Catholics on the civic
• distinction yesterday conferred on Mr. O'Connell. They
cannot fail to recognise in it the entire and eternal ex-
tinction of that Orange monopoly which has for centuries
excluded all who were conscientious enough to adhere to
their Catholic convictions, from the honours and emolu-
ments of municipal offices. The death-blow of Orangeism
was yesterday struck in Dublin. Henceforth there will
be an equality of civil rights and privileges, actually,
as well as in name. The Shows and Lefroys,
the Rodens and Winchilseai will see in the circum-
stance of O'Connell's breast being graced by the Mayor's
chain, and his portly person being enveloped in the
ample and well-furred gown, the utter hopelessness of
any future efforts to uphold the crumbling system of
Orangeism. Let Ireland be of good cheer. One impe-
diment after another to her civil and political regenera-
tion is being removed with rapid and effectual hand,
and, ere long, if the new Lord Mayor of Dublin will but
direct his energies to legitimate and practicable objects,
she shall become all that her warmest friends can wish
her—

"Great, glorious, and free;
First flower of the earth, first gem of the sea."
Our best wishes attend Mr. O'Connell in his new capa-
city. Most cordially do we wish health and happiness to
the Lord Mayor of Dublin, and may the judgment and
rectitude of his political action increase with the pleni-
tude of his civic honours !

MONEY MARKET and CITY NEWS.

FROM THE MORNING PAPERS OF THIS DAY.

TIMES.—Some new incidents have transpired to-day
relative to the spurious issue of Exchequer bills, threat-
ening to revive the ferment, which of late has partially
subsided. It is said, that in some instances, in which
bills have been sent up for examination and found spuri-
ous, the people at the Treasury have refused to return
them at all; and an instance of the kind is mentioned, in
which the amount of bills deposited exceeded 40,000!.
The parties, too, were of the highest character and
standing, wealthy themselves, and posessing very wealthy
connections, and they are said to have been so extremely
indignant at the course pursued at the Treasury, that
they have declared that they and their connections will,
in March next, send in all the Exchequer bills they hold
to be exchanged, not for new bills, but for money, and
that they will never again place their capital in that de-
scription of security. Tbis demonstration has caused so
much alarm, that many persons have come to the re-
solution not to send up their bills to be examined at all,
but rather to keep them, until the day when all Ex-
chequer bills come to maturity, and then to demand pay-
ment of them at the Exchequer. Respecting the adroit-
ness of the original fraud, some matter has transpired
which is very curious, and we have heard it stated to-
day, that more than three months ago, parties holding
Exchequer bills, respecting which, though they felt no
particular distrust, they thought it prudent to put their
authenticity to the test, went up to the Exchequer,
where they were submitted by gentlemen, who are ready
to swear to the fact, not only to the inspection of that
office in which Mr. E. Beaumont Smith is the principal,
but to the Excheqner Issue-office, and that at both
these very bills were declared to be genuine. It
turns out that these are now, under the new in
spection, pronounced spurious. Surely, it is re-
marked, under such extraordinary deception as this,
where every possible precaution was taken to avoid being
imposed upon, and where the bills are in the hands of
perfectly innocent parties, the right to recover against
the Government must be all but irresistible. But the
circumstance which, above all, makes impression in the
City is the acceptance of Exchequer bills for examirm-
Lion at the Treasury, and the refusal to return them af-
terwards if found spurious. This mode of proceeding
is held to be very different from that of merely refusing
to pay spurious bills, and, if persisted in, the Treasury
will incur a degree of odium in the great monetary cir-.
cles, which it will take a very long time indeed to wipe
off. The system is mean and altogether unworthy even
of any private person of respectability, so that men go
into the Trrasury as they would go into the office of a
pettifogging attorney, where they must use every possi-
ble precaution to avoid being taken in.
CHRONICLE.—On the Bth instant (this day week)
the second instalment of 201. per cent. is payable on the
scrip of the 5,000,0001. loan at the Bank of England.
Exchequer bills have in consequence been in demand
to-day on the Stock Exchange, but in consequence of
the numbers sent in to be examined there are very few to
be had, and no one will take those which are not stamped,
except on guarantee. The bills of the large banking esta-
blishments are to be first examined, and it is said that
those of the firm of Coutts and Co. alone will occupy se-
veral days. The jobbers, therefore, decline to transact
business as sellers of Exchequer bills, as they do nia
know where they are to be had or delivery arlimst the nt
instant; and thus the subscribers to the Gymun?
funding are placed under the risk of being°.
seeluLd
1113 in
to pay half the second instalment on th
money, from the unsaleable position in
funded debt is placed by the recent noticef tcheamupn:
the Exchequer
troller-General. The }Chancellor of wohfl which
e
°self of this state of
cannot seriously intend to avail
things. If the " inevitable delay
paring
counterfoil shall be
in stamping and com-
paring the bills sent up with
s'ble for the subscribers to
such as to render it
avail themselves of the conditions of the loan contained
of
a2lst ultimo, it is incumbent
in the Treasury notiteue
fresh notice, and to post-
on the Government i
pone the period
of payment of the second instalment, so as
to give due time for the supply of the market with ge-
nuine stamped bills. The terms of the funding are,

-2C-AL-

G
EVENING SUN.

that 5,000,000/. of Exchequer bills should be taken in
exchange for stock, at the rate of 1121. 2s. Three per
Cent. Consolidated Annuities for every 1001. of Exche-
quer bills. Under the present state of the Money Market,
the subscribers are desirous to pay the whole in Exche-
quer bills. It •is more convenient for many of them
to do so, but there is every appearance that they
will be compelled to pay one-half an money, or forfeit
their right to the scrip, in consequence of the impossi-
bility of obtaining Exchequer bills. Those who have
scut Exchequer bills up to the Treasury to be stamped,
are afraid that they may not receive them back in time
to pay their second instalment ; and others, who wish to
pay in Exchequer bills, cannot get them, because there
are only a few of the stamped bills that have yet. found
their way to the Stock Exchange. Nor is this the only
difficulty. Supposing that the holders of unstarnpecl
bills present them at the Bank of England in payment
of their instalments on the scrip, they do not know whe-
ther they will be received er rejected, or what course
of procedure will be adopted. The Government is bound
to remove this state of confusion, and toprotect the rights
of the public, so as to enable the subscribers to pay all in
Exchequer bills, or the half only, as . may best suit their
views and circumstances.

We understand that the instrument used for stamping
the bills sent up is some old concern that had been
used for the purpose of stamping country notes. This
is all of a piece with the bungling, confused, unbusiness-
like shape in which every-thing connected walk this affair
has all along been conducted by the present Government.
The attempt to deprive the bona fide holders of such
of the bills as may not suit the counterfoil is looked
upon with very general indignation and disgust. It is
considered, with justice, as a most unfair and inadmissi-
ble scheme to trick them out of their property. We ex-
posed its cunning and knavery the other day, advising
those gentlemen who had unfortunately lent money on
the bills to be upon their guard, and we believe they are
quite prepared to refuse to part with them. The-more
we consider the case as between the bona fide holders
and the Crown, the more satisfied are we that the public
must be kept free from loss. This is the very general
opinion expressed in monetary circles to-day, and it is
one from which it is difficult to dissent.

POST.—The great tea sale which commenced on Fri-
day, and terminated to-day, went off very briskly. Tho
trade purchased about 12,000 chests, out of 21,000
offered. Prices generally ruled from id. to Id. per potmd
lower than what were realised at the previous sale. The
dealers durst not appear publicly as buyers of fhe trash
called Pouchong, which was accordingly withdrawn ;
but they have, we understand, since taken some of it by
private contract. This Pouchong consists of -a mixture
of leaves of various kinds in imitation of those of the tea
plant, and is part of the fruits of Captain Elliot's anxiety
to obtain tea at any rate. The Chinese, naturally taking
advantage of the hurry and confusion which prevailed,
with the knowledge that the contents of the packages
could not be inspected, gave this stuff in exchange for
our bard dollars.

SUN.—There wns no feature to-day in the English
Stock Market. although apparently less buoyancy pre-
vailed. The Exchequer Bill business is a sad clog upon
the market. For immediate transfer Consols ranged from
881 to 884, and for Account from 881 to 88g. The New
Three-and-a-half per Cents. were 98* to 98i, and the
Three per Cent. Annuities Bn. India Bonds were par,
and India Stock 2.131 to 2441.
The Foreign Market exhibits very few symptoms of
activity, and prices vary but little. Spanish Active
Bonds to-day were at 201 to 20 ; Mexican Bonds 241
to 25* ; Colombian, 19 ; Brazilian, SG, being rather
higher ; Belgian, 100, ex-div. ; Russian, 1121 ; French
Five per Cents., 115, which is 1 per cent. advance ; and
Dutch Two-and-a-Half per Cents. 511.
The Railway Shares were rather easier of sale to-day,
the principal lines closing at the following quotations :
Great Western were 12 to 121 ; the New 54 to 6 ; Bir-
mingham, 66 ; and South Western, 12A to 13* prem. ;
Brighton were 151 to 15 ; Midland Counties, 17 to 19 ;
and North Midland, 71 dis. London and Westminster
Bank Shares were 11 to 11, and Union of Australia,
44 premium.

SOUTH LONDON AUXILIARY

TEMPERANCE SOCIETY.

A bazaar, festival, and meeting of the members and
friends of the above Auxiliary of the British and Foreige
Temperance Society, to commemorate its fifth anniver-
sary, was held yesterday at the Rockingham Rooms,
New Kent-road. The bazaar (chiefly the gifts of bene-
volent ladies) opened at eleven o'clock in the morning.
At four o'clock about 250 persons sat down to tea ; after
which the company were gratified by some choruses, ad-
mirably performed by Mr. Mainzer's pupils.
At seven o'clock B. Rovcn, Esq., took the chair.
A Report of the proceedings of the Society during the
past year was read by the Secretary, which, among other
interesting facts, stated that upwards of 10,000 publica-
tions had been circulated, between 200 and 300 meetings
held, several lectures delivered, and a number of persons
rescued from degradation and misery by the instrumen-
tality of this Society ; and concluded with pressing
its claims on the philanthropist, the patriot, and the
Christian.

J. MEREDITH, Esq., the Treasurer, read an account
of the receipts and expenditure, and congratulated the
members on the improved state of their finances.
Several resolutions were passed, and the meeting ad-
dressed by the Chairman • the Revs. W. Ball and J.
Mirams ; Messrs. Meredith, Whittaker, Brown. Green,
M'Curdy, Payne, &c. After a vote of thanks to the
Chairman, the meeting broke up at ten o'clock.