The Sun.
London, England, 1841-04-13 00:00:00

these new relations, and the important laws which
grow from them, and study only the relations of
a past age.
We are almost afraid to offer such considera-
tions to our readers; but the great exertions the
priesthood are now making to curb the growing
intellect of mankind, and the humiliating defe-
rencewhichispaid to their unfounded andarrogant
claims, by our most conspicuous statesmen of both
parties, make us regard it as a duty to state some
pf the circumstances which ought, in our opinion,
to weigh with statesmen in removing the educa-
tion of the people entirely from the interference
and control of the priesthood.

Letters and Papers from India, with news from
China, still continue to reach us. The conduct
of Plenipotentiary ELLIOT has excited the
deepest indignation not only among the British
merchants at Mv.cao, but throughout the whole
of British India. In another part of The Sun,
under the head "Chinese News," will be found
a letter from Bombay, dated the Ist of March,
which well expresses the mortification and dis-
gust with which British merchants and British
subjects of every class in the East, have learned
the conditions of the convention which the luck-
less Plenipotentiary is negotiating with the Go-
vernment of the Celestial Empire. The same
Journal publishes a remonstrance, " issued by
a commercial firm of very high standing at Can-
ton," which embodying, as it does, most of our
objections to the convention, we subjoin, para-
graph by paragraph, for the more correct infor-
mation of our readers. The remonstrance com-
mences as follows :

As residents in China, we cannot but express our extreme
and Unqualified disapprobation of the basis of our commercial
treaty as now promulgated to us.
lu the first place, there seems to be no expression on the
part of China, as shown either by the recent edicts of its su.
perior officers cr ny the Plenipotentiary's circular, of the re-
gret which the Chinese Government ought to make knavrn,
for acts of aggression which have followed one another in speedy
succession for the last. two years in particular. Neither does
there seem to be the " slightest security for the future." In
fact, in this point, our position, as compared with our inter-
course prior to our leaving Canton, has retrograded.
_ _

We stated in The Sun of Saturday, that so far
from expressing regret, the Chinese Plenipoten-
tiary KESHEN had, four days after signing the
Convention, caused an edict to be circulated,.in
which he represented the English as "rebel bar-
barians," who had submitted to the laws of
the empire, and, through him, implored the par-
don of the " Son of Heaven." Thus, in the very
hour of victory, the Chinese heaped fresh in-
sults upon the insult-devoted head of Captain
ELttoT. While he was crowing like a chanti-
cleer over his vast exploits in the Canton
River, and, in the exuberance of his joy,
lauding the good faith and amicable inten-
tions of the petticoated KESIIEN, that cun-
ning diplomatist was stigmatizing him to his
countrymen as the leader of a horde of
piratical barbarians, whom a single word reduced
to obedience. This very fact speaks volumes re-
specting the "security for the future." If an
Imperial Mandarin could calculate so accurately
upon his ability to humbug and calumniate Cap-
tain ELLIOT and his countrymen, while a British
squadron was at anchor in the Chinese waters,
what treatment may not our merchants expect
when that squadron shall have sailed for Eng-
land? We now come to the next paragraph in
the remonstrance :

Secondly. The strange and anomalous circumstance of a port
professedly and entirely British paying duties to another coun-
try from whom it has been wrested. Or, at all events, if any
duties had been conceded, the principle of such ought to have
been distinctly understood, in limine—more particularly with
such a Government as the Chinese. For we cannot shut our
eyes to the former practice of the Chinese Government of pay-
ing bankrupt Hong debts by the means of additional duties le-
vied on our commerce ; these additional duties being continued
after the purposes for which they had been laid on mere iatis-
fied, and we are justified in supposing that the indemnity will
be raised in a similar manner.

Exactly—this objection to the Convention was
made in The Sun of Friday, and in much stronger
language than is here employed. What is said
about the practice of the Chinese Government,
which pays the debts of the Hong merchants by
an increase of duties upon British shipping, has
again and again been brought under the notice
of the readers of this Journal. But, perhaps,
the important question of the duties is among
those trifling details which Plenipotentiary
ELLIOT announces as remaining for negotiation.
In his new character of Plenipotentiary, it was
not to be expected that Superintendent ELLIOT
could be expected to bear in mind all the ped-
dling details of Custom-House regulations, port-
dues, and export and import duties. To count
buttons with KESHEN, and, above all, to rival
him in the art of official ceremonial, was, of
course, more an object of ELLIOT ambition than
the display of a vulgar acquaintance with a traffic
in tea, rhubarb, silk, and camlets. But, to pro-
ceed :

Thirdly. The exceedingly small amount of the indemnity
which has teen fixed. lts prolonged payment we do not s~
much wonder at, knowing the poverty of the Chinese Go-
vernment to meet a claim for property to an immense amount
wantonly sacrificed, and the expenses of a foreign armament to
obtain redress for such spoliation. Besides, the amount of in-
demnity will not cover the cost of the opium alone, keep-
ing out of view the large sum of interest on it sacrificed, and
the equitable claims of British subjects for severe losses suf-
fered through the proceedings of the Chinese Government. The
expenses of the expedition must, therefore, fall upon England,
for it is not enough to say that we have gained a British posses-
sion in China at the sacrifice of that cost. We had military
possession of not only the island of Chusan, apparently
viewed by the Chinese Government of great importance, but
we had possession of a great part of the Bocce Tigris (the
remaining forts being of easy acquisition), and thus command-
ing the navigation of one of the most important rivers in
China, and in which the foreign intercourse of the empire
centred. Either of those possessions might have been given
to Hong Kong; although an excellent harbour, yet a setae-
ment which has to he entirely formed, and the commerce of
Canton diverted to it.

Altogether it is a droll business. We give up
a part of our claim for the illegally confiscated
opium—we give up altogether theexpense of the
expedition, amounting to about a million and a
half sterling—we give up the fine island of
Chusan, purchased by our blood—and we give
up all we have taken of the Bocca Tigris for a
miserable island ten miles long by five broad,
noted only for its production of mud banks, and
its being an hundred miles more out of the way
than Whampoa! Here is a commercial bargain
for you ! If we look only at the surface of it,
the conjuror's exchange of an hundred new
lamps for ALADDIN'S old one was niggardliness
itself when compared with the extravagant libe-
rality of Plenipotentiary ELtroT. But no Ge-
nius, the dispenser of hidden treasures, attends
the possessor of Hong Kong. It is what it ap-
pears, and nothing more—that is to say,
not one-twentieth part so valuable, either
as a `fortress or a commercial station, as
Chusan. But the Globe and the Chro-
nicle tell us, the one with a gravity, the
other with a flippancy worthy of each other, that
the expedition was not sent to make conquests in
China. What then, in the name of common
sense, was it sent to do ? If the object of the
expedition was not to obtain redress fbr griev-
ances, and failing all other means, by con-
quest, what, we ask, was its object, or had it
any object at all ? Was it to proceed on a
fool's errand, and return with his finger in
his mouth, that a British Admiral was sent
to China at the head of a fleet, to fit out
which swallowed a million and a half of Eng-
. glish taxes ? The remonstrance continues :

We will not to-day pursue the subject further,
but opportunities will not be wanting of returning
to it.

The Paris Journals of Friday and Saturday
have all reached us. The Commerce states that
one of the cashiers of a Paris bank has run off,
carrying with him a million of francs. The bank,
in consequence, has stopped payment. There is
no political news in these papers :--

A private letter from Arzew, in Africa, dated 25th of March,
contains the following details:—" All the Emir's Cavalry
which had appeared near the Cheliff, and had merely threat-
ened by a demonstration the garrison of Mostajanem as it
passed near that town, has just received orders to proceed to
reverse of the chain of the Little Atlas from Kalah to Mascara,
which country it is exclusively instructed to protect. Ben
Nonna, the Khalifa of Tlemecen, ►s aloin ordered to protect
the tribes of the West, and command only some thousand ill-
mounted cavalry, who areby no means disposed to run the risk
of a general action. 'l•he two Khalifs, Ben Hameide
ant Mustapha Ben Thaney, joined on the 23d of
the month on the Hubrah, and concerted the plans
of defence prescribed by the Emir. It was in this
movement of the two corps that the light hi;rie of Ben-Thany
attempted to lay an ambush for General Lamoriciere, in which
they received a check from that General, and had many
wounded, who were conveyed to Mascara.

Abd-el-Kader, who h-as made a treaty with Tedgeni, and
has in some degree imposed his sovereign authority on him,
has just demanded of him a contingent of 500 Mirjahs, armed
and equipped ; but the :Marabout of Ain-Mandi has eluded the
demand ; Abd-el Kader is enraged at this circumstance.
The Duke of Nemours is expected in our province, and it is
said that General Boyer, his aide-de-camp, will have the chief
command of the brigade of cavalry.
We are quite ready to take the field at the first order, which
the troops took for with impatience. The health of the men
is as good•as possible. The heat is great; the crops of corn are
very line.—Le Commerce.
BO URSE.PARIS, SATURDAY, APRIL 10.

---
first Highest Lowest Last
Price Price. Prick price
re:,ch 5 per Cents ll3 91 113 93 Ili 7) 113 70
4 rer Cents (-9 4C ... 99 4 99 40 ... 99 4 )
3 per cents -;g 10 . %is 15 ... is 78 tA)
"^nk oi 'tqance
L iliac Mans 5,9001. Stares 51110 —516: ...51x0 ...5160
Bank .......... 787 !O ... 787 50 ..- 79.•

—.—
5 t4cr Cents 10114 ... 10P4 ... 101 v ... p.:l
•vri.rh Active Y4 IA .. 24% ... 24 ... 2,
l'ortiignesc 3 per Cents 2ri., ... Wl* ... 204 .. Qoi„;
N,:apontan lO3 95 ..IC3 93 ... 1.73 81 ... 103 80
rt•man
I AtLWAY SHARES,
.!..t Germain
Versailles. R. B ll3 ... 575 ... 270 ... 871
LB k7o ... 2,0 ... 255 ~. Itil
Orleans .
Montpellier to Cette 250 ... 230 ... 250 ... 25°
3t istourg to Bale 2:l ZO ... 2::8 75 ... 237 50 . 2'n :3
louen

Madrid journals of the 3d inst. have reached
us. The question of the Regency was not to
come on for ten days. The Chamber of Peers
was not constituted. In the Deputies on the Ist
the Budget was presented. The expenses of the
country were estimated at 1,106,321,302 reals,
and the revenue at 885,126,551 reals, leaving a
deficiency of 221,197,751 reals (2,220,0001. ster-
ling). The Fives were at 2CI for cash, and 27
for 60 days.

Fourthly. The third basis of this Treaty, as to direct in-
tercourse between the two countries, involves details as to
tthieeahmhoihtdlyye. in which it is to be carried on, of which we are
ignorant, and can therefore give no opinion as to its prac-
. In regard to the fourth basis of the Treaty, we
may be allowed to remark that we shall return to Canton, ap-
parently under less favourable auspices than when we were
Lastly. The entesdi
g a rTdh
et o
remainingthe Hong dpeabrtas. silence
90
of
the months a
Plenipotentiarygo .
about 4,000,000 dollars.
obliged to leave it upwards
in re-
gard to British subjects, amounting to
fee,rtroiunirbeotnho
bceoirnogm'
of
paragraphs of the notice, and the separate
is,Dipreviously.
, the reasoning of and promises
s acts
acfaece with the Plenipotentiary
hneoltdic
ornuilwith the exception, we
and Chief Superintendent'
, and, Nimrod, Pylades, and
It is said the whole exped
),as.atrheieA,
11,d8t hue Rcoaynanlotlrhisellip,
to return to Eng-
Ihvehaor,arce,f
tloi erre
nAilaainjeisnty;sh
eshmi pesaw ,
sattiaw:ould appear, the
Pefointed fleets which hare
Columbine, one of the steamerg
land and India and that foreb
t%,th.ei a
tat roreenactly:eorfayr
tehtseleotuit,bl lad--the ifto_latpt
factory adjustment
remarking
‘aNa,ihlrski
cihonfg
left England f,:r many a year will return without olot •
a single term of the demand which, according to the d _ obtaining
ee' -
a. a-
tions made in both houses of Parliament, it was
sent
to enforce—a task to which, according to every goodauth°-
out
city on the spot, it was fully adequate, without, moreover,
losing so much valuable time. In short, the heads of the Treaty,'er,
as promulgated to us, we humbly submit, bear ex facie the
seeds of its own destruction. While, on the other hand, a
most favourable opportunity, which may not soon Occur again,
has been lost to Great Britain for the extension of her com-
merce wits honour and advantage in this part of the world.
Chu,an is to be immediately restored to the Chinese.
How entirely the whole of this remonstrance
accords with all we have written upon the last
intelligence from China, is by this time suffi-
ciently well known to the readers of The Sun.

THE SUN, LONDON, TUESDAY, APRIL 13. 1841.

Still no netv3 of the Piesident.

MONEY and COMMERCiAL NEWS.

CITY, MONDAY EVENING.

The public securities have been dull to-day, but they
have maintained their valve. For Money the quotation
was 898 to 90, and for the Account 901 to 908 throughout
the day. This gives a value on short loans in the Stock
Exchange of about 3 per cent. per annum ; Exchequer
Bills realized 10s. to 13s. premium; India Bonds, par to
3s. premium, a slight improvement for each ; the New
Three and-a-Half per Cents., 981 to 99 ; and the Re-
duced Three per Cents., 888 to 89 ; Bank Stock aas at
1711 ex dividend.
The Foreign Securities and the Rsitway Shares were
very little dealt in to-day, and the current value established
by the f?w bargains entered into, esijenced the rather
downward tendency of the markets. Spanish Active
Bonds vcere heavy te-day at 231; Portuguese New Five
per Cents. at 33 ; Mexican at '298 to 301 ; Chilian at
61, and Brazilian at 69:}, which prices exhibit a slight
decline, as compared with the rates of Saturday. French
Five per Cents. were at 113 f. to 113 f. 25e., and Dutch
Two. and-a-Half per Cents. at 52 to 51:i.
Great Western R.ilway Shares were 27 to 27 ; the
New, 134 to 134 ; the London and Birmingham, 64 ; the
New, 22i; the South-Western, 18i; and the York
and North Midland, 304 to 31 premium. Brighton shares
were 4k, South.-E,lstern 15, and Manchester and Leeds
31 dis Count.

(From The Sun of Last Night.)
LTVERPOCL COTTON MARKET, APRIL 10.-The Cotton
Market considerably improved. The business amounts to
nearly 5,000 bales, almost the whole of which have can
taken by the trade. Speen:a...ors and exporters have been
altogether inactive up to this eay from last Friday's re-
port, exceptirg a liit!e business done un Thursday.
LIVERPOOL SHARE MARKET, APRIL 10. Fhe f6llow-
ing are the transactions; Chester and Birkenhead, 191;
Ein,t2rn CountieF, 94 ; Ditto Debentures, 7:1; Great
Westtra New Share', 64; London and Birmingham 321.
Shares, 56; ?vlaneb,ster and Birmingham, 241.
MANCHESTER STOCK EXCHANGE, APRIL 10.—With few
exceptions there continues to be great fp mum in the value of
Railway Stock :—Dublin and -Drogheda, bi; L.,ndon and
South Western Tenths, 445. ; Manchester ant: Leeds, 661;
Ditto Halves, 28 ; Edinburgh and Glasgow, 344 ;
ter and Birmingham, 24?; Manchester and Liverpool District.
Bank, ; Manchester Assurance, 9A ; Union Bank of Man-
chester, 71. 16,5.

We hare received the Journal ofAntwerp of yesterday's
date :

FRANKFORT, MARCH 30. -- The business doing i 3 whole-
-52/e at our fair has not beet! very animated daring the
first week in Easter. Articles of luxury are doing well.
Silks are mostly sought after. Cottons are offer el at a
mod rate price, a ltch arc in great quantities in the market.
In English goods very little is doing.
BOURSE Cl' AMSTERDAM, APRIL 9.—The Nati,mal
Funds have a littlei mprcved on the tall of yesterday, and l•u-
-siness was rather animated ; the prices left off firm.
Ardoin's was also firm, and t emained at 20 5-16

We have again to wihe that there is no intelligence of
the President. The Cork letters received this morning
( Sunday) make no mention of her approaching that har-
bour ; all that we can say is, that we arc perf_e.ly igricrint
of her fate. Captain Pik, of the Oce•in st,,arner, art ived
this morning, says it cannot by possioility b 2 the Pre hi-
dent, or he must have seen Ler when he was leaving at the
time. In consequence of this intelligence very great
anxiety prevails in the City respecting the fate of the vess; I.

Consols, which left off on Saturday at 90, both for
Money and tie Account, opened a shade 'osier at 89i 90,
and for the 25'h of May next, for the Account, 90;1.,
about continuation ; scarce anything doing at present.
Exchequer Bills, 10 12 prem. ; India Bonds, par, 2 prem.;
Bank Stock, 171 173.

In the Foreign Mark, t the prices are nominal. At
present Spanish Actives as it lift off, 231 ; Defined,
-; Pa&sive, ha 1; Portuguese at be leaving off
prices, 33j; ; Ttree-ptr-Ccat9., 19i 20k ;
69 70 ; Colombian, 22k 23 ; Mexican, 291 304 , Danish,
78 79; Belgian, 101 103; Dutch Two-and-a-Hall per
Ceht?. same as they closed, 51k 52k; Five per Cents.,
984 4.
-

Sia-ares :—Great Western, 274 282 prem. ; New, 134
prem. ; Li,ndon and Brighton, 4, i did ; Blackwall, 54
4 dir. ; Birmingham, Co 70 prem; Southampton, 564 574
per share ; Croydon, 131 :f per share ; Greenwich, 84 per
share ; Manchester and Birmingham, 154 15 dis.; South
Eastern end Dover, 151 141 dis.
PRICES OF SHARES THIS DAY AT ONE.
RAILWAYS. Paid. Per Share.
Great Western
Ditto Fifths
London and Birmingham ... 90
Ditto New
London and South Western 3Bl 57}..... to
Ditto Tenths
Manchester and Leeds - to
Ditto New Shares
South Eastern and Dover
'fork and North Midland

JOINT STOCK BANKS.
Union of Australia.
PRICES OF IRISH STOCKS, DUBLIN, APRIL 10.
3 per Cent. Consols
Three and Half Stock 971 Grand Canal Stock
Ditto Reduced ...... Ditto llebs. 6 per cent...
Ditto New, 1830 ...... 98 Ditto 4 per cent
3/ per Cent. Debs. 9oi Royal Canal Stock

The general topic cf conve, sation in the City entirely
relates to the Preiideut steamer. Continual inquiries
are Icing mace respecting her safety, and numerous con-
jectures are formed tri the subject, but up to the present
hour nothing has transpired respecting her.
. • . .

The Funds have continued in an inactive state
during the whole of the morning. It is ascertained that
up to Saturday last Mr. Wakefield's deficiency amounted
to upwards of 100,0001.
This day being the latter end cf the Hebrew holidays,
few of them made their appearance at the Stock Ex-
change. Although it is a double post day, we have no
arrivals of consequence, which prevents speculation in the
various funds.

Consols are not quite so good as in the early part of
the morning, and may be quoted at 897- for the 15th inst.
Money 89i, have beef) 90; Reduced 88i 89; Exchequer
Bills better, 12 10 13 prem. ; I3ank Stock I per cent.
lower, 1714 ; India stock, for the opening, 175 ; India
Bonds, par 3 prem.
In the Foreign Market very little doing. Spanish Ac-
tive rather lower, 23; Passive, 5 ; Portuguese, 33.1 f ;
Mexican, 30; Chilly), 61 ; Dutch Two-and-a-Half per
Cent. lower, 51i-, have b, en 52 ; Five per Cents, 98a.
The Share Market is flat, with little doing. Great
Western, 92i ; Fifths, I 1 ; London and Bitminham,
third shares, 244:; South Western, 57A- : Manchestei and
Leeds, 66,1; New Shares, 28; York and North Midland,
801 81.
Consols for Account, 891; Ditto 25th May, 901 sellers
Mexican, 30 to ti ; Pertuguese, 33,+4. ; Spanish, 23 to
CLOSING PRICES.
BRITISH FUNDS.

Bank Stock .. 1711- India Stock
3 per Cent Red. B9 Ditto Bonds 3 psi
3 per Cent Cons 9O . Ditto Old Annuities ...
31 per Cent lied 971 Ditto New Annuities...
2:ew 3-1 per Cent 99 Ex. Bills, 1,000/....2,1d 13 pm
New 5 per Cent Ditto 500/ l3 pm
Long Annuities to expire Ditto Small l4 pin
Jan. 1860 ... lt.q Bank Stock for 0pg....175
Oct 1859 — ;India Stock for 0pp;....

I illt.Lao.
Jan. 1860.
FOREIGN FUNDS.

Austrian, 5 per cent ,Portuguese, 5 per cent.
Belgian, 5 per cent — 'Ditto, New Ditto
Brazilian 80nd5.... 6l Prussian, 5 per cent.
Buenos Ayres, 6 per cent Russian, 5 per cent —
Chilian, 6 per cent...... 61 Ditto, Metallic...
Colombian, 6 per cent... 'Spanish, 5 per cent 23
Ditto, 1824.
Danish, 3 per cent. — French, 5 per cent. 113 f. 25c.
Greek, 1825, 5 per cent. Exchange —f. _._.e.
Mexican, 5 per cent. ... 30A
,French, 3 per cent —f. —c.
Ditto, 6 per cent, 1825. Dutch, 2* per cent. ... 514
Peruvian, 1825, 6 per et. 17i Ditto, 5 per cent 984
SHARES.
Eastern Counties Railway (23 paid ...... .....
Ditto Debentures ( 4 paid) 7&
Great Western Railway (65 paid)
Ditto New Shares (50 paid) 631
Ditto Fifth (4 paid)
London and Brighton (50 paid)
London and Birmingham Railway (90 pd) 159
Ditto New Shares ( 2 paid).... 241
London and South Western ... ........... -
Tenths
Manchester and Leeds (70 paid) 66,i
Ditto New Shares (30 paid) 2B
South Eastern arid Dover (33 paid)... 18
York and North Midland Railway (50 pd) 81

THE ATLANTIC STEAMERS.—The Royal
mail steamer Caledonia would leave Boston on the Ist in-
stant for Halifax and Liverpool. She may be expected
therefore to arrive on or before Thursday next. The
British Queen would lease New York an the 10th, nad
with be due, off Southampton, about the 25th instant,
The Great Western left Kingroad, Bristol, on Thursday
last, fur New York.
CURIOUS CUSTOM ON EASTER MONDAY._
An inhabitant of Hailator, Leicestershire, same years
since bequeathed a piece of land to the Rector of the town
for the time being, in trust for the providing of two hare
pies, a quantity of ale, and two dozen penny loaves, to be
scrambled for annually on Easter Monday. This land,
which was called Hare-crop Leys, being enclosed in 1770,
a piece of laud was allotted to the Rector, in lieu of toe
same, since which period the Ractor, instead of the
two hare pies, provides two large Lies made of veal and
tatcon, which are d.vided into parts, and put into a sack
About two gallons of ale, in wooden bottles, without
handles or string=, are put into auother sack, and the
penny loaves, cut into quarters, arc put into a basket.- The
men who have charge of the bequest are joined, soon after
they leave the Rectory, by those who intend to engage in
the sport. In the course s f their journey to a place called
Hare-pie Bank, which is situated about a quarter of a mile
south of the town, the pieces of bread are occasionally
thrown to be scrambled for. The place of rendezvous
consists of a ha'ik, with a small trench round it, and a I
culir hole in the centre, into which the pies and ale are
promiscuously throsam Upon a signal beitig given, those
who are loud of the sport rush forward to seize a bit of pie,
or endeavaur ta get possession of a bottle.
WESLEYAN MISSION.—It appears that in
Irchrri there are 19 stations and 93 missionaries. lu Stock-
hGlm, Germany, France, Gibraltar, and Malta, 12 stations,
21 missionarh s, 1,828 inembars in society. Continental
India arid Ceylon, 21 stations, 39 missionaries, 1,243 mem-
bers in society. New South Wales, Van Dienien's Lard,
New Zealand, Friendly Isles, and the Fejcc Islands, 35
stations, 53 missionaries, 10,921 members in socie...).
South and West Africa, 42 stations, 47 inissionart!.s,
4,769 members. The West lodic-, SO stations, 89 iii -
sienarics, 48,035 mend ers. British North America, 77
suit:ons, 91 missionaii:s, 11,681 members. ,I',,t ~ 256
stations, 371 missionaries, 78 504 memhers; bring eleven
missionaries more than were employed nit year, and show_
ing an increase in the number of members in society, or
communicant!, of 5,777. There arc 53,076 pupils In, the
mi sionachoolF, and more than 200 000 pe,sons rr gmarly
attend the ministry of the nal;siatiai.ea—lleport ihe
Liverpool Conferelice.