The Sun.
London, England, 1841-07-03 00:00:00

opinions from day to day. From the extent of these bo-
roughs and their total want of organization, or, indeed, of
union, except upon the day of election, it is scarcely possible
that a candidate can be even in a slight degree known to any
considerable number of electors ; while the transitory con-
dition of the electors themselves forbids that any candi-
date can, whatever his wish, personally cultivate their good
opinion. Thus it happens that a person having once crept
into the representation, and thus becoming the only
public man of whom the constituencies in question ac-
custom themselves to think, his removal is extremely
difficult ; and when he is removed, the first bidder for
popularity is almost sure to succeed him if he only em-
ploy ordinary diligence, and bid high enough. It is
thus that Sir Charles Napier may have come so easily
into the representation of Marylebone.

MONEY MARKET and CITY NEWS.

FROM THE MORNING PAPERS OF YESTERDAY.
TIMES.—The Indian mail, which arrived to-day, and the
principal contents of which appeared in a Second Edition of
this Paper, has realised the wish of the merchants for such a
change in the time of leaving India as would, according to all
the ordinary calculations of time, allow letters to be answered
within a very short time of the arrival in this country.
Usually the last day of the month was selected for departure
from Bombay, but in this instance the 22d of May haa, been
the time fixed upon. The rate of the transit is rather more
than on the last occasion, but there are, nevertheless, four
clear days (the 4th instant happening on Sunday) for answer-
ing commercial letters, and reporting on any commissions
which they may have brought. The ,alteration, though a
simple one, is most salutary, and is gratefully acknowledged by
the merchants. The negative character of the intelligence was
such as to have no material effect upon our Money Market.
The national securities were very firm at the opening of
business this morning, and Consols for the account advanced
even to 90, but there was a slight reaction before the close of
the market, and they left off 891 to 89k.
The pressure on the money market of Calcutta, consequent
on the announcement of the new loan, had, according to the
latest advices, partially relaxed, and the high rates of in-
terest had had the effect of bringing capital into use. The
favourable news from Persia, and the importation of spe-
cie, had also contributed to make things more easy. In ex-
change a great deal of business had been done at 2s. 11/2d,
to 2s. 13%d. In the Indian securities there was not much
doing, but prices were better. The shares of the Bank of
Bengal had improved since the declaration of the dividend,
which for the last four months was about 103/1 per cent.
Union Bank shares had shown a tendency to fall. The de..
claration of profits of this bank was expected to be about
10 ner cent.
*ith respect to the indigo crops, the accounts state that
it would be useless at that early period to hazard an opinion.
However, from the southern parts of Dacca the accounts were
highly favourable, and manufacturing commenced there on the
Ist of May. The exports from the Ist of November to the 14th
of May were 33,462 chests, or 119,060 fy. mds. Of this there
were 22,650 chests, or 81,768 fy. mds., shipped for London,
and 1,390 chests, or 4,931 fy. mds., for Liverpool. The other
destinations were France, North America, Germany, Bombay,
and the Gulfs, but only in small proportions, as compared with
the shipments to England.
POST.—It was very generally mentioned yesterday in con-
nection with the news of the failure of the old Lombard-street
banking-house of Whitmore, Wells, and Whitmore, that the
immediate cause of the stoppage of the firm was the inability
of a banking concern in Macclesfield with which they were in
correspondence, and to which they were under advances to
the enormous amount of nearly a quarter of a million, to
meet its engagements. We refrained for the moment, for rea-
sons we need not explain, from repeating what had transpired
on this part of the subject; but as further reserve would an-
swer no useful purpose, we now feel ourselves at liberty to
state, that the party at Macclesfield referred to was the
house of Daintry, Ryle, and Co., who, we regret to find by
letters received this morning, have suspended payment also.
Messrs. Daintry and Co., paid nothing yesterday, notices
being given to persons presenting checks that they were under
the necessity of dosing their doors. The house was greatly
respected, and the event is accordingly much regretted.
Letters from Amsterdam speak of the negotiation of stock
in that market, on account of the Russian Government, within
the last few days, for the sum of 16 million guilders (1,300,g00/.
to 1,400,0001. sterling.) The operation appears, from all we
can learn respecting it, to be the remnant of a loan brought
forward some months since, but which was not taken by the
Dutch capitalists at the time to the full eitent contemplated.
The Morning Chrenicle is formally assured by the com•
mittees of Peninsular bondholders that they had no cognisance
of the issuing of the placards calling upon the City voters having
Spanish and other dishonoured foreign bonds to give their suf-
frages to the Conservative candidates as their best friends.
The Chronicle doubts the veracity of the said commit-
tees. The tergiversation of that paper en financial
subjects may well account for the incredulity of its writers. In
a day or two hence, should our columns afford space, we may,
perhaps, be induced to give a few specimens of their contra-
dictions. It is not long since that our contemporary was as
much the organ of the Portuguese Committee as it has since
been the advocate of the blundering authorities of the Stock
Exchange.
The overland arrival from Bombay brings advices of a most
gloomy tenour from the straits. At Batavia there had been a
money panic of so formidable a character as to lead to the ex-
pectation of a general bankruptcy. No particulars are given
from which a precise idea of the cause can be collected. It is
satisfactory, however, to know that things had subsequently as-
sumed a less threatening aspect.

OPENING OF THE GREAT
WESTERN RAILWAY.

This week the charms of the general election are in the
ascendant, and consequently all minor allurements hide their
diminished heads. Even the dinner table—that " never-fail-
ing ever-new delight"—has lost its attractions for the moment,
and the exquisite steam of turtle soup, and the exhilarating
" pop" of champagne bottles, are exchanged for the unsavoury
vapours of the hustings, and for the ear-piercing shouts of
" free and independent electors." The convivial meeting
of the directors, contractors, engineers, and shareholders
of the Great Western Railway. intended to have taken
place on Monday last at Box, in celebration of the com-
pletion of the entire line from London to Bristol, share
the general fate, for who could be at the same time there and
in London, Bath, Bristol, Reading, and the many other places
where the battle of the constitution was on that day fought,
unless he had the gift of übiquity possessed by Sir Boyle Roche's
bird alone ? On that day, pleasure, friendship, and even inte-
rest gave way to patriotism, throughout the length and breadth
of the land ; and on that day the celebration dinner of the
Great Western Railway, which had been all but served for up-
wards of two hundred persons, had to be postponed sine die.
But though the Directors deprived themselves of the happiness
of feasting together, the public were not retarded in the enjoy-
ment of the uninterrupted line from London to Bristol on the
day promised.
The entire line, as had been announced, was opened to the
public on Wednesday, and now the trains are running re-
gularly, according to the hours stated, between those places
and, still further, on the Bristol and Exeter line as far as
Bridgewater. . The last and greatest difficulty of this su-
perb railway—the Boxhill tunnel—is now triumphantly
overcome, and, independent of the utility to agriculture, to
manufactures, to commerce, and to intelligence of this free and
rapid communication between the great ports of London and
Bristol, it remains a splendid monument of the industry and of
fhe genius of this country, equal, if not superior, to any that the
ingenuity andperseverance of man have ever accomplished. Early
on Wednesday morning the first train from Chippenham to Bath
—that part of the line whiehhithertowas unopened--started under
the conduct of Mr. Brunel, who found everything in complete or-
der, and expressed himself perfectly satisfied with his expedi-
tionary trip. After the first essay of the road had been made,
and when the friends of the undertaking who could absent
themselves for the day from the polling booths had mustered,
Mr. George Burge, of Herne Bay, the contractor, together
with Messrs. Brewer and Lewis, and a large party, accom-
panied by a band of music, with flags and banners, proceeded
through the tunnel, which was lighted all throughout, and
which really presented a most extraordinary appearance.
While making this procession three trains, crowded with peo-
ple, passed through, and nothing could exceed their a-tonish•
ment at seeing a splendid procession 300 fect under ground,
literally " within the bowels of the earth," and at hearing the
strange music, which, from the echo by which the band was
attended, produced a most singular effect.
The examination of this stupendous tunnel being completed,
and the exploring party having returned, refreshments were
served in a handsome tent, which had been erected for that
purpose, between the imposing grand arch of the tunnel and
the beautiful Corsham-road-bridge, which (being what is
technically called a jack-arch) is a very model of architecture.
In order that our readers may form some idea of the Boxhill
tunnel we may here remark, that it is within a few yards of
two miles in length, that it runs 306 feet below the surface of
the earth, and that a great portion of it has been cut out of the
solid rock. One mile and a quarter of this is lined with masonry
the quantity of excavation was about 300,000 yards, and the
number of bricks used was near 20,000,000. One ton of gun-
powder was used for blasting,and one ton of candles were consumed
per week for upwards of two years and a half, and 300 horses
have been daily employed in it. The solidity of the work, the
symmetry of the entire arch, and the beauty of its two fronts,
built of picked Bath stone, commanded universal admiration ;
and too much praise cannot be given to the contractors, Mr.
Burge, and Messrs. Brewer and Lewis' for the finished and
workmanlike manner in which they had performed their con-
tracts. The three great desiderata of a tunnel, viz., absence
from danger, darkness, and damp, have been in this perfectly
acquired. It is so dry within that one might walk through it in
sliPpers. It is lights dby six shafts, which give by day a very
sufficient light, and is as safe as any other part of the line.
The resident engineer, Mr. Win. Glennie, and his assistants,
were highly
and deservedly complimented by the directors
re
of present for their assiduity and skill, and the unwearied atten-
tion Mr. Brunel received their warmest approbation and
thanks. In the evening the contractors, directors, and gen-
tlemen present, dined together and forgot their disappointment
of the grand entertainment expected on Monday, in a merry
tthouifelihsts small Company, party, when the prosperity of the and
he
of
all concerned in forwarding its interests, were
drunk in "potations pottle deep" of sparkling champagne and
brimming cups of purple claret. Not the slightest accident
occurred during the daytorilY
opening of the Great We,
staenrnd
and
te vtaoeurlyvhat
the public.
everything
passed
sb connectedisieoff
most
switha ts f thea
c, _
both to the Directors

SHIPPING INTELLIGENCE
(LLOYD'S).

N 2w. —i n 2.—Wind in
W.N.t this day_ W.—Arrived
rt r
vo ,eadn
twhe.
DEAL, LONDON,
.IYULLScotia, from Cal_
cutta; Prince George, Halifax; John Line, Brodie, Bombay.
Arrived from the River, the Idare, for Launceston;
Sea Gull,
Madras; Antonio, Rio Janeiro; Santiuz, Trinidad; rvi •
ne,
Dalhousie ; Lysander, Sydney.
LIVERPOOL, JULY I.—Wind W., fresh—. Arrived the Swal-
low, from Valparaiso, sailed on the 15th of April ; Thomas
Mellor, Pernambuco; Herald, Havannah; Agenoria, Gifncy,
Mobile; Rhode-Island, Burgess, Savannah ; Lady Constable,
Richelieu ; Jeanie Deans, Quebec; Indeth, Alexandria; Robert
Watt, Johnson, Halifax. Ariived off, the Blond, from Quebec ;
frigleborough, and Minow.
OFF BEACHY HEAD, JULY I.—The Peru, Bally, for Antwerp.
OFF DOVER, JULY I.—The Norton, Allew, for Algiers.
PORTSMOUTH, JULY I.—Wind W.N. W. to W. strong.—Ar.
rived the Nicholas, Woewoodskey, from:ltiO Janeiro to St. Peters.
burgh ; Johanna Maria, St. Crux, for Copenhagen.
Cowes, JULY I.—Arrived the Rienzi, Morris, and Roman,
Hopner, from Havannah. The Janet of Dundee, totally dis.
masted, was spoken, 21st ult., by the Calista, from New Bedford,
arrived in the Channel.
DARTMOUTH, JUNE 30.—Arrived the Meridian, from Messina,
with sails split, &c., and sailed for London.
SWANSEA, JULY I.—Arrived the Magnet, Sparks, from Cuba.
FALMOU ru, JUNE 30.—Wind W. to N.N.W., fresh breezes.—
Arrived the Jessie, Mitchell, Port_au.Prince; Clarendon, Ja.
maica ; Magnet packet, Rio Janeiro, with 30,0001. on freight,
sailed 7th May, Bahia 15.
PRIINAMBUCO, Alive 21.—Arrived the Pigeon packet, from
Vera Cruz. Sailed May 2 ; Tampico, May 8; Havannah, May 27,
with 1,200,000 dollars on freight.
STANDOATE CREEK, JULY I.—Arrived the Wiltshire, Barker,
from Venice.

CORK, JUNE 29. Arrived the Brandon, Jay, from Monte Video,
for Antwerp; Vere, Wills, Quebec; Mary Jane, Newfoundland.
OFF WEYMOUTH, JULY I.—Arrived the West Indian, M'Arthur,
from Hobart Town ; sailed Feb, 13.
OFF BRIGHTON, JULY I.—Arrived the Andromache, from New
Sydney, New South Wales. Sailed Feb. lb.