The Sun.
London, England, 1847-05-22 00:00:00

, according to the quantity of the arrivals and the appear-
ance of the weather; but d-finitively the average el prices
does not notably decline. It is evident that we must not
calculate on foreign tern for the regular supply of
France. The new law pie serried by the All:lister pro-
duces, so to speak, no material effect; its greatest advan-
tage will consist in preventing forestalling in the inte-
rior, it will keep the gamblers for high prices in check,
and tranquillise the people as to the future. That is suf-
ficient to cause the Chamber to vote it without hesita-
tion. Yet we must nut be wider iilesit-ns a: to t 4 ber.
ing of this law; it is a very feebU rrii
all the virtue lies in the imagination of timfe-eis p .:p!e.
or people little acquainted with q ,be
supplies. The trader will not incur the ri• c..' 'e.z..rti-
ing new purchases in the countries ie
so long as the prospects of our oe nti Neer Ar eat be
ascertained, and we tire still ;a,. Clem fte p,riod at
which sound conjectures as to c; .r; and
potatoes can be termed. If the l;he
price of corn will item, di (1, ; limners
who possess threshing machines wid sie ell their
labours to thresh grain, and convey it to the
market, in order to pretit by the exageaea,iio prices ;
on the other bawl, the private individuals who have
made reserves will also hasten to sell them, hoc ruse they
will no longer have any interest to coeserve them.
There w.ll, therefore, re-u't a prompt depreciation in
the price of that merchandise. Now, however feeble
that re action may be, it will suffice to render the effect
hoped for by the suspension of the protecting, tariff im-
possible. The present prices of foreign corn have risen
so much, that they will be higher than the average of
our own markets, as soon as the new grain shall enter
into consumption. The trade knows well what
to think on this subject ; it will only pur-
chase abroad what it will be very certain to sell again
before the harvest, or very shortly after. At a later
period, when the decline which will take place at lenne
shall have reacted on Egypt, Russia, and America, the
importation will resume its course, if the interior de-
ficiency shall leave it a sufficient margin, and especially
procure it good profits ; for it is only on this condition
that the trade consents to speculate in corn. It re-
quires premiums of from 4f. to 6f. per hectolitre to be
tempted ; and it has the right to exact a good deal when
it engages its fortune in a description of affairs of which
the most perspicacious mind can never see the results
with certainty. If the trade decided to profit by the law
proposed by the Minister of Agriculture and Commerce,
it would be a sad presage, and one of the highest gravity
—it would be the proof of a new deficiency in our har-
vest—the announcement of a new scarcity. has the
Government foreseen this crisis, and what does it pro-
pose to combat it ? It demands that the Chambers
should confide to it the right to act as it may think
right, according to the circumstances. That is little as-
suring, when one remembers that it did not foresee the
scarcity of 1847, that it closed its eyes in order not to
see it when it was shown to it, and that it denied it at
the very moment at which it invaded the whole country.
We now know how formidable are questions of supply ;
shall we continue to abandon the study and solution of
them to clerks, whose ignorance, presumption, or some-
thing else, have already cost us this year upwards of
50,000,000 ?"

The prospects of the coming harvest throughout
are, we rejoice to say, most cheering.
The Chamber of Peers have adopted the St. Denis
Chapter Bill by a majority of 109 to 39.
The Conslitutionnel contains a severe and not altoge-
ther undeserved attack upon the Ministry for their con-
duct in stimulating, instead of repressing, the railroad
mania, and for the egregious ignorance they have ciis•
played of the commonest elements of calculation in
the ridiculous) 7 low sum at which they estimated the
cost of the construction of the v.triims lines.

The police have dicovered a plot of the Material-
ists," one of the secret societies of Paris, tor carrying
into effect an organized system of plunder : ore of
the tenets of this sect is, that all property is a spolia-
tion of society, and that robbery, therefore, is essentially
virtuous, being merely a recovery of si)oil illegaiiy
extorted from the producing claeses. Tn.,. members,
h wever, quarrelled; and in furtherance of their prin-
cii les, they of course robbed each other, and thus the
police acquired a knowledge of their existence. An
investigation was the consequence, in the course of
which it was discovered that several of the members
of this society were also members of a political
society, having for its object the assassination of the
ICING: by throwing shells into his carriage on his
road to Neuilly. M. CONSIDERE, and ten ether
persons, have been arrested on this charge.
Queen CHRISTINA embarked at Toulon on the 17th
in the Panama for Naples. Don ENRIQUE dined
with her before she sailed, and they had a long in-
terview together after dinner. Don ENRIQUE re-
turned to Marseilles immediately afterwards.
For the sake of our common humanity we trust
that the following statement which appears in several
of these papers is incorrect :
" Prince Jerome Bonapate, eldest son of the youngest
and last surviving brother of the Emperor, Jerome, ex-
King of Wesi.halia, dived lately at Florence, aged thirty-
three. This young man had long been suffering from a
disease of the spine. Dr. Lallemande, who was con-
suited when the affection was first discovered, gave some
hopes of recovery, if the patient could be allowed to go
to Vernet (Basso Pyrere.!s), to take the waters. The
Prince's father and his uncle, the King of Wurtemberg,
hastened to apply to the French Government for the
necessary permission. This was refused without any
reason being assigned. On receiving this refusal the
question occurred—where will stop this blind animosity,
this want of judgment in persecuting with so much in-
veteracy every being who bears the name of Napoleon?
This young man died in the arms of Lis father and his
brother, lamenting that he could no longer hope to see
that country which he loved so much, and was so willing
to serve."

The Journal du Havre of Wednesday has the foi-
-1 lowing :—" The whaler, 'John Cockerill, Captain
RENOUFF, which at this moment is coming into the
harbour, touched at the Society Islands, where she
was detained twenty days by Governor BRUT. She
sailed again on Feb. 7, and brings for the Govern-
ment the news ,of the submission of Pommtn. At
the departure of the John Cockerill, the QUEEN,
who had come in a steamer which was sent for her
to Itaiateia, was at Morea in co,iference with the
Governor, and she was daily expected at Papeite."
The Paris Bourse of Thursday was feeble. Little business
was done, and generally speaking at r.,!iluced prices. The
Three per Cents. closed at 77f. 80c.; the Five per Cents.,
1151. 55e.; the Orleans Railro4d Shares, 1,218 f. 75e. ;
Rmten, 933 f 75c.; Havre, (32f. 50e. ; Great. Northern,
590 f.; Avignon, 712 f. 50e. ; z.ri. 675 f. Bo; deaux,
fm.q: 50c.; Boulogne, 400 t.; 85t. ; Di. Hie. 31-.1.
Paris and Strasburg, 4171. 50e. ; 'Fours runt Nantes, 4071.
50e.; Paris and Lythis, 43Gf ; n.s :Ant Avignon,
44511; Bordeaux and Cette, 43W, ; spahtsh Three per
Cents., 35%.
BUSINESS DONE IN FOREIGN RAILWAYS AT TILE
LONDON STOCK EXCHANGE, MAY 21.
Boulogne and Amiens, IG—Bord•-aux, Toulouse, and
~i Cette (Constituted), 2 -Namur €,n,l Liege, 31—Northern
of France, 11—Paris and Rouen, 35%.

THE COURT.—Her Majesty and Prince Albert, and
the Court are expected to leave Buckingham Palace
about three o'clock this afternoon, for Claremont,
where the royal party will spend a few days, and will
then return to the metropolis.

Notice has this morning been received at the Bishop
of London's Registry that the assessors have decided
that the Sub-Dean of St. Paul's has not proved his right
to the vicarage of St. Giles's, Cripplegate. Archdeacon
Hale will hold the living.