The Sun.
London, England, 1847-03-15 00:00:00

TJEIF SUN, LONDON, MONDAY_ MORKING, MARCH 15, 1847.

la brief, but signlficant, calculation from Mr. Dics•
SON'S work upon this important commodity, page
167. That gentleman there mentions the circum-
stance of a tenant of the Dean of Dromore
growing on three statute acres flax to the
amount of nearly 120 stones, which, sold at the mode-
rate price of 15s. per stone, would give a return of
901. Under all circumstances, however, says the
writer quoted, this farmer " has a certainty of 100
stones, which will realise him 751." Here are
inferences from that calculation which cannot be
treated lightly, and the more especially at this
juncture :
" This flax is now in process of conversion into cambric
pocket-handkerchiefs, is capable of being spun to 30 banks
to the pound, and is to be spun by hand. Mark, now the
employment this will give.
"It will give constant employment for twelve months to
132 women to spin it ; 18 weavers will be occupied a like
period in weaving it; and it will employ 40' women a year to
hem-stitch (or vein) the handkerchiefs; thus giving constant
employment for twelve months to 190 persons.
"It is curious to trace the result of the process which this
flax is now undergoing. It will produce 210 webs of cam-
bric, each web containing five dozen handkerchiefs; each
dozen will be worth 403., and the entire, when finished, will
be worth 2,1001.

open third-class carriages, exposed to all the incle-
mency of the weather, and without seats for the
passengers to sit down, the impropriety
of which has been exposed by our correspondent
"VIGILANS" on a formeroccasion. There is no notice
either of the increase of fares adopted immediately
after the termination of last session, after they had
pressed the moderation of their former charges on
the Committees as a reason why further powers
should be granted. These are subjects well worthy
the attention of the Legislature on thepresent occasion.
We shall, on an early occasion, give the report in
extenso.

HONEY and COMMERCIAL NEWS.
(From The Sun of Sa,tnr.lay Night.)
The Cotton Market at Liverpool has been flat this week.
and American sort; have been 4d. per lb. lower. Sales of
the week, 18,100 bales. Stock now, 453,380 bales, against
835,370 bales at this time last year.
Accounts of September 12, from Hobart Town, state that
some excitement continued to prevail on the subject of trans-
portation, and that Lord Stanley's dispatches had excited
much disaatisfaction.
From Sydney there are dates of October 3. A long debate
on the Crown lands seemed to be the principal subject of
interest in the colony, and a more equitable holding thereof
was still the object of the parties interested. Trading affairs
were steady.
An arrival from the Cape of Good Hope furnishes infor-
mation of January 9. The troops were marching into the
Kafir country to chastise the chief, Pato. who was still re-
fractory. The eastern province was freed from the maraud-
ing parties of the enemy
The English Securities have been extremely heavy. Con-
sols are worth 88 1/, for Money, and 88% 14 for Account.
Exchequer-bills have been Is. to 4s. premium.
The Spanish Bonds have been very quiet. The Three.per
Cents. realising 34 to 341/s. Mexican Stock has being heavy
at 21% 5/6. Brazilian is firm at 87.
In Shares there has been a good deal doing, but at lower
rates generally.
LIRI T 1 Sl.l FUNDS.

A Vienna letter, of the Ist, announces the arrival of
the Queen of BAVARIA in that capital, with the inten
tion of making a long visit. Her MAJESTY alighted at
the Palace of the Archduke ALBERT, who is her son-
in-law.

A letter from Constantinople, of the 18th ult., in
the Augsburg Gazette, says :—" The letter which
King OTHO has written to the SULTAN relative to
the difference that has arisen with respect to M.
MUSSURUS, is said to be couched in the most con-
ciliatory terms. King OTHO assures the SULTAN
of his most friendly intentions, but at the same time
complains strongly of the conduct of M. MUSSURUS,
which he attributes to malevolent intentions. His MA-
JESTY adds that, in testifying to M. MUSSURUS his dis-
pleasure at his conduct relative to Colonel KARATASSOS
he had no intention of offending either the SULTAN or
the Divan."

ONE
O'CLOCK.
Three per Cent. Consols Annuities .. .. 88%
New Three-and-a-Quarter per Cent. Anns.
Long Annuities, Expire Jan. 5, 1860 ..
Ditto, 30 years, Jan. 5, 1860 .. • • 9 3-16 9 3-16
Bank Stock for April 14 .. .. .. .. 204
Consols for Account, April 15 .. .. 88t,%% 88%
Consols, Scrip .. .. .. • • • • • 0% % die A, dis
Exchequer Bills. I%cl. 114 d.
1,0007... .. .... 41 pm. I p
5001.. — .... I— pm. 1 p
Ditto, Small .... 31 5 pm. S p

CLOSING,
PRICES.
8814
88%

While the Government is taking a comprehensive
survey of the capacities of the Irish soil and of Irish
industry, the cultivation (Jf flax should by no means
be disregarded ; it should form one of the accom-
paniments of the Poor-law introduction.

By later intelligence received from America, it
would appear that the dissensions excited in the
Senate by the 3,000,000 Bill give little promise of
immediate termination. One proposition for the
amicable settlement of the Mexican warfare is suc-
ceeded by another in quick succession, and all of
them equally calculated to effect their avowed
object. Mr. CALHOUN, at one moment, proposes
a most extravagant scheme for bringing the adja-
cent republic to its senses, namely, the establish-
ment of a continuous line from the mouth of the Rio
Grande, by the river, to El Passo, and so westwards
towards the northern extremities:of California. By this
plan it is presumed by Mr. CALHOUN that the coun-
trymen of SANTA ANNA will be very solicitous to
enter into a cordial alliance with their invaders. Most
probable inference ! The filching from them of their
roost valuable boundaries would render a people ex-
ceedingly solicitous for a friendly alliance with their
robbers ! Mr. CASS, on the contrary, is ambitious of be-
holding the valorous SCOTT and the indomitable ZA-
CHARY TAYLOR marching triumphantly into the centre
of the Mexican federation. The wrangling of the
Senate is answered in a somewhat contemptible man-
ner by the soldiers of the United States. General
TAYLOR still continues comfortably located at Mon-
terey, while his successor tarries at Brazos Santiago,
waiting the arrival of transports, troops, and ammu-
nition. Among the defenders one fresh movement is
alone reported, namely, that SANTA ANNA,
at the head of 15,000 men, had withdrawn from
San Luis Potosi, a'nd proceeded inwards towards the
capital. From such unaccountable fluctuations as
these, the war between Mexico and the United States
gives every indication of being protracted and blood-
less. If the latter characterist!c be only visible in
the strife, we shall not have to mourn the former with
so much earnestness.

Madrid journals of the 6th instant have arrived.
The Herald(' state!, that henceforth a monthly report
of the operations in the Finance Department of the Go-
vernment is to be published in the Gaceta, showing a
report of the receipts and expenses of the Treasury, the
general balance, &c.
In the Chamber of Deputies the debate on the
Address still continues.

The Barcelona Foniento, of the sth, publishes another
most ferocious " Bando" of the Captain-Grneral of
Catalonia, BRETON, against such as may assist or connive
at the Montemolinist movements.

MADRID BOLSA, MARCH 6.—The Three per Cents. closed
at 30% for cash ; the Five per Cents. at 194 ; the Passives
at 5%; and the Coupons at 17.

We have received the Paris papers of Thursday.
The Journal des Debats has a long article, written
for the purpose of allaying the alarm which prevails in
consequence of the continued increase in the price of
corn. It says—
" The prices of corn have been rising generally and con-
tinually throughout Western Europe. In two-thirds of
France the hectolitre (22 imperial gallons) is at about 40f. ;
but the price is still greater in Belgium. It is also very
nearly the average price in England. It is asked if this
high price is at its utmost reach. and, if it should continue,
to what point it will attain. Everybody asks what is to be
done to prevent a recurrence of such extreme dearness of
the most necessary of all the provisions of life. The increase
at this moment N caused from the stores in the entrepOts
having only very limited quantities left in them. It is by Mar-
seilles, Havre, and Bordeaux that we receive the supply that
is indispensable. No one has any doubt of the existence of
this supply. Nature this year has performed this act of com-
pensation which she never refuses ; penurious towards several
regions, one of which unfortunately is ours, she has been
liberal towards others. Therefore bread-corn will not fail.
However, at this period of the year, the transport from
abroad is exceedingly difficult, and indeed, almost impossible.
Corn cannot be brought in, at least in any great quantities,
from Americi, because the internal canals of the new conti-
nent, by which it must be brought to the ports, are frozen.
From a similar cause, the present is not the period at which
the port of Odessa draws from the country from which
it is supplied the quantity of corn it exports. We have
in our granaries and stores enough to enable us to wait
for arrivals, however long they
,may be delayed. But the
absence of large quantities of imported corn in the entrepats
is not the less felt, and nothing more is necessary to cause a
rise in price. As long as this cause subsists it cannot be
expected that the rise should stop. Such is the rule of trade.
Whenever the demand exceeds the supply in a large pro-
portion, the prices increase. Nevertheless, if there be dis-
turbances to aggravate the state of things, and the effect of
which would be to convert into an absolute dearth what is
now only a rise in price, but against which every precaution'
has been taken by the Government, and which the good
sense of the citizens would immediately put down, there is
every reason to hope that the probability of large arrivals at
the end of April will moderate the rise."
The Debuts concludes by arguing in favour of
free trade, as one of the greatest remedies for the
calamities of bad seasons, as it tends to keep up
such an intercourse between nations as to enable them
to rely upon each other for the mutual supply of their