The Sun.
London, England, 1847-09-15 00:00:00

during many centuries. It is well that the credit of
this alliance should he acquired by the Cabinet of a
RUSSELL--by him who introduced the Reform 13111
to the House of Commons, who carried the Municipal
and Corporation Act through Parliament, and who,
forgetful of political rivalship, gave his cordial co-
operation to Sir ROBERT PEEL, in abolishing the ,
laws which restricted our national commerce and
stunted our national enterprise. It is fit that Eng-
land should afford this noble incitement to the people
of Italy, and to their Liberator, Pius.

It is not often that we find any class or body of
men coming forward and deliberately urging the
adoption of a course the immediate and necessary
consequence of which must be a diminution of their
own resources, a reduction of the humble comforts
which they are enabled to afford to their families, and
the present realisation of difficulties and sufferings
which they are too well aware cannot possibly be
altogether averted, and the period of which they are
willing to anticipate, in order that the crisis may tike
place at a season when these sufferings may be miti-
gated, as far as practicable, by the cheapness of pro-
visions, and the employment which the operatives
may be enabled to procure from other sources. The re-
solutions passed at the recent special delegate meeting
of the operative cotton-spinners of Lancashire and
the neighbouring counties, evince a wonderful fore-
sight and providence on the part of those who so
readily agreed to propositions which, if assented to
by the manufacturers,, would occasion the stoppage
of all the mills throughout the country, and a ge-
neral cessation of labour, not only to the spinners
themselves, but to the members of the different trades
which are so intimately connected with the working
of the factories, and the progress and prosperity of
the manufactures. No stronger testimony could be
afforded of the existence of that stern necessity, now
so universally recognised. The operatives know that
there is not a sufficiency of the raw material
for the wants of the country. There is a deficient
supply of cotton, and consequently the prices thereof
have been enhanced to such a degree, that it is im-
possible for the millowners to continue their opera-
tions without great and ruinous sacrifices. The ex-
traordinary extent of speculation that took place in
cotton some time since, the attempts that were made
to purchase up the entire crop, and thus to obtain
the command of the market and to enforce exorbitant
prices, materially increased the difficulty, and the
forestallers were the better enabled to carry on their
schemes, inasmuch as we were wholly dependent on
the United States for the means of keeping our mills
at work, and giving employment to the factory
operative. The manifest and only remedy for this
fearful evil is to increase the sources of supply, to

introduce, as far as practicable, the cultivation of
cotton into new districts, where hitherto it has been
unknown, and more especially to revive its culture in
those localities where it formerly flourished, but
where, owing to various causes, it has been suffered
to languish and decline, until it has become compara-
tively neglected.
A return ordered by the House of Commons, on
the motion of the Hon. Member for Montrose, shortly
before the dissolution of Parliament, has just been

published, which is peculiarly important at the pre-
sent time. It contains a copy of a report, dated the
23d of March, 1847, of the Committee appointed by
the Government of Bombay, to inquire into and re-
port upon the extent as well as the causes of the de-
cline into which the cotton trade was alleged to have
fallen, and to suggest remedial measures; and also
copies of • the dispatches and correspondence of
the Bombay Government arising out of the
above report. The report in question is a very
able document, and the appendix contains smne
voluminous statis!ical details, for a period of 13 years
from the Ist January, 1834, to the 31st December,

1846, from which the conclusions of the Committee
are deduced. The Committee briefly recapitulate the
result of their labours by saying—
" First, that the export cotton trade had under-
gone a great decline, both in quantity and value, and
was in a very depressed state when the Government
was appealed to on the subject.
" Secondly, that the cause of that decline has been
the inability of the exporter from that country to
compete with the cheaper produce of the United
States in the markets of Europe, and the representa-
tives of that cheaper produce in the form of yarns and
goods in the markets of China.

" Thirdly, that the only means by which this su-
percession of the cotton of India in those markets
can be obviated are by reducing its first cost."
We have here, then, established on the
clearest evidence the fact of the great de-
cline and the causes to which that decline is
attributed. The Committee do not, however, in their
suggestion of remedial measures, fancy that the trade
can be resuscitated by a return to the old-fashioned
doctrines of protection ; they take a more reasonable
and practical view ; they know that they must
themselves make the necessary reforms, and adopt
measures adequate to the emergency, and by which
the cottons of India will be enabled to compete in
the home market with that of her great rival
America. They find certain impediments existing
and difficulties interposed in the way of the more
extensive culture of the crop, which can be removed
by the Indian Government, and they therefore state
that the desired end is to be attained—
" Ist. By the entire abolition of the onerous Custom
duties levied on the exportation of manufactured
cotton.

" 2d. By a revision of the land assessment in the
collectorates of Surat, Broach, and Candeish.
" 3d. By permanently improving the communica-
tions between the Southern Mahratta country and
the posts on the sea coast.
_

"4th. By the introduction of a system of railway
communication between Bombay and the interior, as
proposed by the Great Indian Peninsular Railway
Company, and thus opening up the fertile districts of
Berar and the Deccan to the sea."

All these suggestion are of a reasonable and prac-

tical nature, and such as might easily be carried into
execution. In the result our national prosperity and
the welfare of the British people are deeply inte-
rested. We are mainly dependent on our trade
and commerce, and nothing can be more im-
portant than to render our home markets independent
of supplies from other parts of the world of that
which can be obtained from our own colonies and de-
pendencies. As free-traders, we desire that no re-
strictions should be placed on the produce of other
countries, but we wish to see the productions
of our own dominions enabled to compete with
them on fair terms, by being as cheap and good, and
in every respect as valuable to the consumers. This
is the only protection we should desire for native in-
dustry, and we are convinced that under such a
system it would flourish and prosper more effectually
than if unduly stimulated by protective imposts, and
the creation of a monopoly for those engaged in its
culture.

that it has almcst doubled. Certainly that is not a
falling off."
T:le other journals all comalt:TA on the ultra-Legiti
matist article or. the affairs of Italy which appeared
in the Journal des Daats of the preceding day, and to
which we alluded in The Sun of yesterday. The
National banters the heavy Ministerial journal in
the following admirable manner :
"The events which are passing in Italy cause
much pain to our system, as appears from the
articles published daily in the .Journal des bebats.
e remarked that that paper, which enjoyed the re-
putation of being lucid and fluent, is becomitag
visibly unintelligible. Even its literatur,:. is inferior
to what it was. The Debats published yesterday a
long and heavy historical essay, in which fallacy,
which generally assumes a flippant air in that journal,
abounded in heavy phrases, studded with the particie
que, affording an alarming similarity to the harangue
of a personage inviolable by law. If it be intended
as flattery, it appears to us to be in bad taste. When
it is wished to disfigure history, to misstate facts, and
to give a false interpretation to passing events, it
would not be inexpedient to employ an expert pen
and one somewhat acquainted with the French lan-
guage. But to recount such strange absurdities,
and to write as M. Muret de Bord speaks, is, we
take the liberty of telling the Journal des Debats,
too great an abuse. Ever since they have
become so completely inspired by the ter-
rors of the Court, the literary elegance of the
writers in the Debats has vanished. Yesterday it
was the history of modem times written at the foot
of the system's block. To-day recent events are re-
counted with most affecting pain. Why this tone of
alarm ? Why those sighs drawn from the bottom of
the heart ? We grieve for the Debats, and we do not
wish to reproach the writer, who was evidently suf-
fering under spasms of apprehension and fear. We
must rather endeavour to tranquillize him. Let us,
therefore, reason quietly with the invalid. Let us
see what it is in the accounts from Italy which affects
his nerves. The inhabitants of Leghorn having seen
that their neighbours, the people of Lucca, were be-
coming excited, considered that the best guarantee
for public order was the organization of a national
guard. We are aware that Austria is opposed to
such a measure, but this reason, so powerful with M.
Guizot, was far from receiving the assent of the
Italians. What resolution did the inhabitants of
Leghorn adopt? They prayed the Municipal Council
to wait on the Grand Duke of Tuscany, to present
him a petition, and to explain to him the expediency
and the utility of establishing a national guard.
Let it be remarked that the Grand Duke had pro-
mised to estabE3h a civic guard. He considered the
demand of the civic councillors as both opportune and
rational, and he published a decree which satisfied the
population, and the grateful people salutes with joy
this act f their chief governor. The theatre was
crowded, and the audience exclaimed energetically,
The civic guard for ever !" Long live the Grand
Duke.' You yourselves give us these details, and
they cause you a shudder ! You are not, it is true,
accustomed to these demonstrations of popularity.
A political act hailed by the blessings of the governed
appears to you to be a fearful phantom. But be re-
a'sured. This accord between the conduct of the
Government and the wishes of the population cannot
be contagious with regard to yon. The Duke of
Tuscany may enjoy a popularity equal to that of
which the Pope is so proud without exciting pity.
You consider such popularity monstrous, but it is far
distant from you. The Appennines and the Alps
separate you from it, and you may remain tranquil.
If you have trias to undergo, it is not by popularity
that you will perish. Thus, then, your terror with
respect to Leghorn is dispelled.
"Let us nu 0/ speak of Lucca, a small corner of
land governed by a Bourbon. We consider that we
are more free to appreciate the Bourbon family, since
the birth of the Duke de Guise reminds us of that
superb placard, posted on the walls of Paris on the
2,1 of August, l 830-4 The Duke of Orleans is not a
Bourbon, but a Valois.' Let us dispense, however,
with all generalities. The liberty we enjoy, having
M. Hebert as a companion, it would not be prudent
to trust him. Let us confine ourselves to the Bour-
bon of Lucca. He belongs to us, and he is a medal
of nther a fine character. This Bourbon of Lucca
has played a part in his petty state worthy of a larger
theatre. He commenced by arresting in an arbitrary
manner some men highly considered for their opi-
nions. The population deemed that proceeding
brutal, and they assembled in the public square de-
manding that the prisoners be released. The Bourbon
resisted at first, but his resistance excited the fury of
the people. The Bourbon became alarmed and fled.
But he met the populace on his road, and the windows
of his carriage were broken with stones. The paving
stone becomes a most interesting element in the his-
tory of the Bourbons. It was on the Ist of Septem-
ber that the Lucca paving-stone interfered in politics;
end the seine clay the Bourbon of Lucca published a
proclamation, stating that he wished to reign by
love, and not by force and he promised a national
guard, and all that his subjects wished. But he
promised too much, and as soon as he found him-
self on the territory of Modena (another sprig of the
house of Austria) he recalled his promise. The in-
habitants of Lucca immediately assembled. A civic
guard was formed, and the people discovered how
easy it is tc live without a Bourbon. A party, how-
ever, proceded, as a deputation, to the refugee, who
replied to tiem by appointing a regency. The people
next declared that the palace of the absent Duke
should be sequestrated. This was his sensitive side,
and they had no sooner touched it than the Bourbon
returned in the midst of the national guard, which
gave him toe best of receptions. He quitted Lucca
on the Ist, and returned in the 3d of September, and
thus concluded the three days of Lucca.
" We have now given a summary of the facts stated
by the Journal des Debuts, and we are at a loss to
explain wEy that journal is so much affected by what
has taken place. Its lamentations have the double
error of being ridiculous and ill-timed. What I a
paper so well bred, having the air of taking under its
protection a Prince who shows himself cowardly,
crafty, violent, and avaricious, and who crowns his
bad faith by meanness ! In its place we should have
been more severe, on account of the Prince being a
Bourbon, and even an Infante of Spain. We know
the respectful tenderness which the Debuts entertains
for the blood of Philip V. ; but after all, the whole
of the saints of a parish need not be included in the
same worship; and if the action of time and the ill-
treatment of fortune have caused a noble race to de-
generate, it is prudent not to prostitute one's incense
arid homage, but to cut off from the flourishing tree
whatever dead branch may be found."

. and in consequence arms were immediately distri-
buted.

' The 6p, vier Guyette 1,4.2 Ausinan rein-
forcements which had arrived at Treviso have received
orders to advance further into the Pontifical States.
General Count DE FIQUELMONT, of the cavalry, has
been attached to Field-Marshal Count RADETSKI.
From Venice, where he went to pay his respects to
the Vice-Rol, he has taken his departure for Milan."
The same journal states that the Duke of MODENA
had officially announced to his subjects that the entry
of the Austrian troops into the Duch-27‘ might be ex.
pected from one moment to another.

A letter from Leghorn of the sth says—
"We have just received intelligence here from
Ferrara. Affairs remain there in the same state.
However, the Tyrolean Chasseurs, who have been
said to have passed the Po, have either retired or
gone into cantonments on the left bank of the river.
It had been rumoured at Ferrara that Cardinal
Ciaccbi was, on account of his health, about to re-
linquish the government of the legation ; but on the
24th ult. it was ascertained that he would remain at
his post. On the following day a numerous deputa-
tion of the citizens went to his Eminence with an
address, expressing the general satisfaction at his
remaining. The magistrates of the municipality also
waited on him with thanks for his resolution. In the
evening the city was illuminated; the town band
played under the windows of the Legate, while
crowds filled the streets near the palace, exclaiming,
' Long live Pius Long live Ciacchi!' The
Austrians remained perfectly passive during these
manifestations."

Another letter of the same date says—
"A grand solemnity yesterday caused great emo-
tion among all our people ; enthusiasm was at its
height; hope and happiness were expressed by every
face. The town of Leghorn feted the authorisation
to form a Tuscan National Guard, which has just been
accorded by our Sovereign. More thon ten thousand
men were assembled under the national flag, sur-
rounding busts of Pius IX., and of Leopold 11.
Bands of music, escorted by torches, traversed the
town at an advanced hour of the night. It is impos-
sible to give you an idea of the cries of joy which
arose from all parts among the crowds which circulated
along the streets, or of the manifestations of all kinds
of which this popular fête was the subject. All the
windows were illuminated and decked out. This po-
litical revolution is, without contradiction, one of the
most extraordinary pages of our history, as it has not
been stained by a drop of blood. On the Bth of this
month there! is to be a general renewal of the popular
fête, in which all the ladies, dressed in white and wear-
ing the national colours, are to take part."
On the same day a grand demonstration was made
at Florence to celebrate the formation of the National
Guard. The people assembled before the windows of
the Grand Duke to thank him for the grant, and
bands of musicians traversed the city, which was
illuminated at night. The enthusiasm waa general.

A letter from Rome of the 6th inst. says—
" The first part of the investigation into the great
conspiracy is terminated. There result from it proofs
of enrolments in the interest of the retrograde party.
The Pontifical Government has addressed a note
signed by the Secretary of State, Cardinal Ferretti,
not only to the great Powers, but to all the Courts of
Europe, to demand in some sort their interference
as arbitrators in the difference which has arisen
between the Sovereign Pontiff and Austria with re-
spect to Ferrara. The Holy Father is to hold a
secret consistory about the middle of September, in
which several prelates will be elevated to the dignity
of Cardinal. Among others, the Archbishop of
Milan, Monsignor B. Romelli, is named. The two
new French Cardinals, Monsignor Giraud and Du-
pont, Archbishops of Cambray and Bourges, arrived
here to•day."

Cardinal FERRETI has established a corps of police.
men in uniform, a measure which has much pleased
the populace, as it deprives the local police of its
secret and inquisitorial character.
Another letter from Rome announces the arrival
in that city of an Envoy from the United States of
America, to negotiate a treaty of amity and commerce
between the two countries. This treaty will lay the
foundation for the establishment of diplomatic re-
lations between the two Governments, and, it is said,
a Nuncio will shortly be sent from the POPE to
Washington.

The Contemporaneo of Rome, of the 4th, says—
" Count Lutzon has presented a note to the Pope,
in which the right of occupation is maintained, but a
desire for negotiation is at the same time expressed.
The Pope answered, that Ferrara must be evacuated
and that then discussions might be entered on, not on
the right of occupation, but on the meaning of the
word place; that if the evacuation was refused, he
would use all the means in his power to produce it.
Cardinal Ferretti is said to have declared that the
Pope would send a protest, would recal the Nuncio
from Vienna; would give to the Ambassador his
passports ; would publish a bull of excommunication
(which he said was ready written) ; and, lastly, would
make an appeal to all Italy."

Madrid journals of the Bth have arrived.
At a Cabinet Council which was held on the 6th
it was, it is said, decided to present a Bill to the
Cortes, immediately on their assembling, for the dis-
solution of the- QuEEN's marriage, and also a Bill re-
storing the Salic law for regulating the succession
after the demise of her present MAJESTY. As soon
as the Council broke up General LINAGES was dis-
patched to London to urge the immediate return of
ESPARTERO, as it was agreed by all the Ministers
that without his aid it would be impossible to carry
into effect the QUEEN'S wishes.

The Gaceta publishes a royal decree, appointing
General MIGUEL DOMINGUES, uncle of General SER-
RANO, second Commander of the Halberdiers, a post
previously occupied by General Ros DE OLANO, the
new Minister of Public Instruction. Another royal
degree superseded General ESPINOSA in the govern-
ment of Grenada by General MANS°, the present
Captain-General of Valencia, who was to be succeeded
by General CAMPUZANO, Military Governor of Cadiz.
General BELESTA replaced the latter in the command
of that city.

The QUEEN is, it is said, about to confer the Grand
Cordon of CHARLES 111. on Senor SALAMANCA, and
the Grand Cross of ISABELLA the Catholic on Generals
BLASER and FRANCISCO LAVALET.

The Duke DE GLUCKSEURGII was to give on the
evening of the Bth a grand diplomatic dinner, to
which all the new Ministers and various other per-
sons of distinction were invited. The immediate
object of the dinner was said to be a desire to prove
to the world that the report of the Duke's having
protested in word, though not in writing, against the
late amnesty, was quite unfounded. If the Minis-
ters were seen seated at the French Ambassador's
table, the inference to be drawn, it was hoped, would
be that no misunderstanding existed between them.
NAEVAEZ has gone to Burgos, where, it is said, he
intends to remain for some time. tieneral &RC°
DEL VALLE, who came to Madrid with the Duke DE
MONTPENSIER at the time of the marriage, has left
Spain, and is now at Bayonne.
An official bulletin of the Captain-General of
Galicia, dated Corunna, September 4, announces that
the Carlist chief, FERNANDO GOMEZ, better known as
El Ebanista," had been killed in an encounter
with the QUEEN'S troops at Pacios, near Lugo, and
that his band had been in consequence dispersed.
The Bourse was closed in honour of the festival of
the Nativity of the Virgin Mary.

We have received the Paris papers of Monday.
The Journal des Debats has a long article on the
recently-published returns showing the commercial
movement of France during the year 1846, a re-
sume of which appeared in The Sun a few days since.
After entering at some length into an examination
of the returns, the Debats concludes thus :

" If we examine the results of the navigation, we
find a somewhat important increase for 1846. The
general movement consisted of 33,515 vessels and
3,925,000 tons, that is to say, 353,000 tons more
than in 1845. The foreign flag, it is true, has ob-
tained a good share in this increase; but it will be
observed in the interim that in the seas of Europe
Our flag has gained 28,000 tons, whilst that of the
foreign countries has lost 10,000 tons. Lastly, what
all the lamentations affected to be raised with respect
to our navy will not prevent being seen, is, that the
movement under the French flag is increasing,
slowly, it is true, but continuously. Not more than
ten years ago it only effected from 38 to 39 per cent.
of the transports ; but in 1846 its proportion rose to
42.4. It is certainly greatly to be regretted that it
was not larger ; but we must not lose sight of the
fact, that of all countries ours is without contradic-
tion that whose exportation has the least of heavy
and cumbersome articles, which are the aliment of
great navigation ; and in spite of this disadvantage,
against which wars of tariffs could do nothing, or
rather which they would infallibly aggravate, it is
ton-
nage of faetooruyrtombaeriatbine lietocosmtamteertche has
atthe
passedgeneraln
tenyears from 2,200,000 tons to 3,925,000, that is to say,'

NEMOURS has been extracted by Dr. PASQUIER, and
his Royal Highness feels not the smallest inconve-
nience from the operation.

LEVASEUR, the French Consul-(general at
Hayti, had the honour of being received by the
KING, at St. Cloud. DI. LEVAASEUR returned to
France with the Convention, which, as his MA&ESTY'S
Plenipotentiary, he concluded on May 15, with the
Republic of Hayti, insuring the execution of the
financial treaty of 1838.

General LAW)RICIERE passed through Angers on
Saturday on his way to Aigiers.
The illondeur contains the following :—" The
National announced yesterday that administrative
irregularities have just been discovered in one of our
ports, and added that powerful influence was being
used to stop all proceedings in the case. This latter
assertion is altogether incorrect. For some time past,
and from the very moment when suspicions were
rai3ed, the Government adopted every necessary
measure to investigate each affair, and to institute
judicial proceedings if such should be found neces-
sary."

The impression on the Paris Bourse on Monday
was of a most unfavourable character. Stock and
shares fell, the former considerably.

The Three per Cents. closed at 75f. 90c.; the Five
per Cents., 114 t. 90c.; the Orleans Railroad Shares,
1,180 f.; Rouen, 925 f.; Havre, 565 f.; Great Northern,
5201.; Avignon, 552 f. 50c.; Vierzon, 5421. 50c.; Bor-
deaux, 4371. 50c.; Dieppe, 265 f.; Basle, 170 f; Paris and
Strasburg, 375 f.; Tours and Nantes, 350 f.; Paris and
Lyons, 377 f. 500.; Lyons and Avignon, 445 f.
MARSEILLES, SEPT. 9 —Marseilles and Avignon, 578 f.
50c.; Northern, 5351.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, SEPTEMBER 14.
Boulogne and Amiens, 131—Northern of France, 103/41
—Orleans and Bordeaux, 35/B—Rouen and llavre, 21.

LITERATURE.
SHAKSPERE'B HOUSE.

The Rome of Shakspere Illustrated and Described, by
F. W. Fairholt.

Particulars of Shakspere's House, for Sale by Auction, by

111 r. Robins:

lAmong several apposite publications which have
appeared since the first announcement of the intended
sale of the birthplace of our glorious Shakspere, these
two especially demand attention. We cannot direct
the observation of our readers to them on any even-
ing more appropriate than one that is literally the eve
of that interesting sale. Mr.Fairholt's volume has some
pretensions superior to those of an ephemeral book of sea-
sonable gossip—it has pretensions indeed to be squeezed
into a corner even of the most ostentatious library—
upon a bookshelf so conveniently situated that the
volume can be picked out and referred to whenever
the thoughts revert with a loving curiosity to the actual
existence of the great poet. In reading Walter
Savage Landor's inimitable conversation, or rather
trial, of William Shakspere for deer-stealing, we
should have this little book of " The Home of Shaks-
pere" at our elbow. It is illustrated with thirty-
three clever little engravings—though the profile
of the dramatist upon the title-page is so marvel-
lously unlike all other representations of Shakspere,
that if the beard and moustache were only removed
it might pass for a very fair likeness of the poet
Beranger. How melancholy, but true, is the opening
sentence of Mr. Fairholt !—" All that is known with
any degree of certainty concerning Shakspere is,
that he was born at Stratford-upon-Avon ; married,
and had children there ; went to London, where he
commenced actor, and wrote poems and plays ; re-
turned to Stratford ; made his will, died, and was
buried." 0 that some Elizabethian Boswell had
dogged the heels of Mater Shakspere in clocled;
stockings, and slashed doublet, and trunk hose
B..trren, however, as are the written facts about the
domestic habitudes of the dramatist, there is a good
old tradition that saith Shakspere was born in Hen-
ley-street, Stratford—which not only indicates the
street, but particularizes the house—which not only
particularizes the house, but points out the very
room. We bow down with implicit faith before that
tradition, and to whomsoever might have the hardi-
hood to be sceptical of its accuracy we should be
almost tempted to emulate the anathemas of Uncle
Toby, or the pathos of Corporal Trim. The second
publication mentioned above is the circular—a
characteristic one, as may be imagined—of the auc-
tioneer. Besides the prospectus of the sale, there
are quotations from Dr. Nathan Drake from Charles
Knight, and from Washington Irving. The
title-page alone would be most interecc;.,g—contain-
ing vignettes of the house in
_
ley-street, the Globe
Theatre, Stratford Church, and Anne Hathaway's
cottage, besides medallion likenesses of Shakspere,
Queen Elizabeth, Ben Jonson, and Lord South-
ampton. While writing upon this subject, we
would make one observation about the bust
of our immortal countryman over his tomb
in the church at Stratford. Every one knows that
that bust was originally coloured to the life, and that
it was painted white through the impudent, and we
might almost say sacrilegious, intervention of Malone.
Since Malone committed this impertinence people have
contented themselves with execrating the Vandal and
bemoaning the act. It seems never to have occurred to
any one that the error could be repaired ! It is well
known that the doublet was painted crimson, slashed;
that the face and hands were flesh colour; the hair,
beard, and moustache, auburn ; the eyes light hazle;
the lower part of the cushion, on which he is writing,
green ' • the tassels, gilt, &c. &c. &c. Why, we ask,
should not some artist not some mere dauber
and sign-painter—but a competent and even inimit-
able artist be employed to restore the monument to
its original appearance? This, however, must be
thought of after the house itself is secured to the coun-
try and guarded by the Government ; and to morrow
at twelve o'clock, men of England I the birthplace of
the greatest mortal that ever breathed in Britain will
be lost or gained by the nation.

The Presse has the following on the subject of the
new loan:--

" A new mode for contracting the loan of
350,000,000 f. was talked of yesTerday among the
speculators at the Passage de l'Opera. It is said that
it was to be at 4} per cent., for 97f. or 98f., to be
paid up by monthly instalments. It was to be repaid
two years after the last instalment, by yearly pay-
ments at par. As the Minister of Finance has gone
for several days to Agen, nothing can be decided on
until he returns. It is said that before his departure
he signed an ordonnance authorising the issue of
Treasury bonds to the amount of 25,000,000 f."

In the same paper we find it stated that Admiral
TREHOUART, commanding the French fleet at Naples,
has received orders to complete his stores for a cruise
of three months, which proves that the fleet is not
about to return to Toulon, as was reported.
It was rumoured in Paris on Monday that a very
formidable insurrectionary movement had broken out
in Sicily, and that the services of the French fleet
were to be put in requisition against the Sicilian
patriots. It is in consequence of the employment of
the fleet on this unpopular service that the command
of it has been transferred from the Prince DE JOIN-
VILLE to Admiral TREHOUART.

The Union Monarchique, in commenting on Spanish
affairs, says that the French Ambassador, the Duke of
GLUCKSBURG 11, has contrived to render himself as
disagreeable as possible to the young QUEEN. In the
beginning ISABELLA was much amused with the stiff
air and perfect nullity of the Charge d'Affaires of
France, and particularly with the doctoral tone with
which he upbraided her. The Duke, a youth of
twenty-six, had assumed the part of a mentor, and
was the mouthpiece of the severe maxims of her
mother, the ex-Regent. ISABELLA said to him one
day, " Was it your father, Sir, who taught you such
fine things ?" The diplomatist made no reply. Of
late he had become quite insupportable, and could not
obtain an audience. " Thank GoD," exclaimed the
QUEEN, " he is neither my chaplain nor my confessor.
I am determined not to receive him any more, he is
too tiresome." Weary of his position, which was
both painful and ridiculous, the Duke DE GLucKs •
BURGH communicated his tribulations to M. GUIZOT,
and to the mother and uncle of ISABELLA, and it was
agreed to relieve him from the unpleasant situation in
which he is placed.
General LINAGIEs passed through Paris on Sunday,
en route for London from Madrid. He was said to
be the bearer of a pressing invitation from Queen
ISABELLA to General ESPARTERO to return to Ma-
drid without delay.
A grand Reform banquet, at which 500 citizens
assembled, was held last • week at Bar le Due. The
Mayor of the town presidPd, and M. ETIENNE, the
Deputy for the Meuse, proposed as a toast, "To the
Morality of the Political Powers," which was drunk
with enthusiasm.

The shot which entered the cheek of the Dilke DE

THE SUN, LONDON, WEDNESDAY EVENING, SEPTEMBER 15, 1847.

MONEY and COMMERCIAL
(NEWS.
L.77Y, QUARTIER TO it r!EE..
Cotto,) het, at Liverp, of ycste:day v, as flat
Sales about 1,500 bales. Shares improved, and with
more disposition to buy. Midland and North-Western
etock was in demand.
The whole talk.of people in the City is of failures
and anticipated further disasters. The serious stoppage
yesterday of the extensive discount house of Sanderson
and Co. has excited uneasiness, because it arises,
perhaps, from a more direct indication of wart
of confidence on the pact of too public, than
can be traced as the cause of I..ny previous sus-
pension. Parties having surplus moneys, whether
as private capitalists or country bankers, are
in the habit of placing money at the disposal
of houses, such as that of Sanderson and Co., of which
there are but two or three others in the City, with the
view of its being invested in the discount of bills, and
either being pinched for cash, or mistrusting Messrs.
Sanderson on account of their known heavy losses by
the recent failures, they have come suddenly upon the
firm to return their deposits or provide fresh bills. The
property of the firm is believed to be large, but whether
immediately available remains to be seen.
There has been a report that a deputation is about to
wait upon Government to beg the interference of Lord
John Russell, in modifying the Peel Currency Bill, and
it is hoped that the Liverpool movement in favour of a
retardation of railway calls will also gain ground.
Much uncertainty prevails as to the extent of the
mischief that may be occasioned in America by the
failures here. One party writes from New York :
" It is impossible to tell, at present, where the bulk of
the loss will fall, but we have great fears that it will fall
heavily upon parties in this country. It by no means
follows that because bankruptcies to a certain extent are
reported the losses will be anywhere in the neighbour-
hood of that amount. The assets of insolvent houses
generally amount to a fair per centage on their liabili-
ties; and it is fair to suppose that the resources of
houses engaged in the corn trade bear as good a pro-
portion to their liabilities as those of any other class of
business. For more than twelve months past prices of
breadstuffs have been steadily advancing, and handsome
profit's have been realised. It, therefore, appears more
extraordinary that the first reverse should have carried
down so many houses, and produced so much bank-
ruptcy.
" The announcement of failures to the amount of six
million dollars is well calculated to create considerable
fears of a panic on this side of the Atlantic ; but when
the thing comes to be analysed, we think there will be
very little cause for apprehension. That serious losses
will be the result of the recent heavy fall in breadstuffs,
no one can for a moment doubt ; but that the effect will
be as alarming as may be at first anticipated, we do not
believe."

Even a crumb of comfort is acceptable in these times.
As may be supposed, there is a very gloomy feeling in
the Stock Exchange this morning, and prices are lower.
Consols have realised 86 to 86} for present transfer, and
86/ to i for account. Exchequer-bills are Is. to 4s.

premium.
The Foreign Securities are quite neglected, Spanish
Three per Cents. being 29i only, and Mexican have
dropped to 18k. Dutch Two and-a-Half per Cents. are
54 to 54i.
In Railway Shares there is a further decline, but the
sales are not large.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
3 per Cent. Consols Anna 86%
India Stock 241
India Bonds 1,0001
Ditto under 1.0001
Consols for Account 86V41,41,4
i.xchequer Bills. 2d.
1,000/.
500/.
Small
1-1:ICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Mexican Bonds, 1846, 5 per Cent. 1878
Russian Bonds. 1822, 5 per Cent... 1081,4
Spanish Bonds, 5 per Cent, 1840...
Ditto 3 per Cent 291,4
Dividends on the above payable in London.
Outch 212 per Cents
Ditto 4 per Cent. Certificates
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. ?aa MIMI'.
Aberdeen

Amber., Notting., Boston, &c. 2% .. to
Ayrshire and Galloway 2% — to
1 Belfast and County Down .. 10 —— to
f Birmingham & Oxford .1...,... 15
1 Birmingham, w 01.,& Dudley 10 ...
I Pi...ling., Wol., & Stour Val. 8
'• Birkenhead, Lancashire, and
Cheshire Junction 6% ..... to
Boston, Stamf, , & Binning—. 5
Bristol and Exeter
Do., Thirds
Buckinghamshire 8/. 4s
Caledonian
Ditto, Half Shares. -
Ditto, Clydeedale Junction 40
Chester and Holyhead 32%.....
j Cheltenham and Oxford
Clarence.
Do., Ist Class, 6 per Cent... 10 • •.. to
Do., 2d Clots, 5 per Cent... 10
Do., Gov. Loan, 4 per Cent. 10
Cornwall
Ditto, Half Shares
Dublin and Belfast Junction.. 20
Dundalk and Enniskillen ... 121,4....~
East Anglia, 251., L. & E.
and L. &D.
Ditto, 181., E. & H ls ......
Ditto, 31. 103., E. & H... 1
Eastern Counties
Do. Perpet., 5 per ct. No. 1,6/. 13s. 4d
Do., d 0....... ......... N 0.2,6/. 138.4 d.
Do., York Extension ...... 10 ...... 81,4% to
Do., Northern & Eastern— 50 ......
Do., Quarters .... .. ........ 12 ./2.. ..
Do., New
Eastern Union ............ •• .. 50
Ditto, Quarter Snares ...... 12% —
too
Ditto., Thirds ........••••••13s. 4d —
East Lancashire -
Ditto, New ... .......... .... . 10
Do., do., Extension Scrip... 11A — ..... to
East Lincolnshire
Edinburgh and Glasgow SO
Ditto, Half Shares
Ditto, Quarter Shares 12% to
Edinburgh and Northern ... 20 ...... -
Ditto, New 2%
Ditto, Newpoq ... ...... .. 7
Ditto, ditto, New 11,4 — ...... to
Edinburgh and Perth
Ditto, Extension
Exeter, Yeovil, & Dorchester 2% — ...... to
Ditto, New ... 2% — to
Glasg., Dumfries, & Carlisle..Bl. 65.8 d... to
Glasgow,_ Kilmarnock, & Ayr 50

Ditto, New - 35

Do. 14 Shares (5 per ct.gua.) 12% — .. ... to
Great Northern.— .......... ... 6 l'Aii 5,4 to
Do. London & York Exten. 2% ll,i to 1
Gt. South. & West. (Ireland) 35
Great North of England 100
Ditto, New 40/ 5
Ditto, New 301
Ditto, New 151.......... ...... 11,,...... . ... to
Great Western
Ditto, Halt Shares
Ditto, Quarter Shares
Ditto, Fifths 2O
Do. New 17/ 7 ...... 8% to
Huddersfield and Manchester 19 .. ._
Di ttc, Thirds
Hull and Selby
Ditto, Half Shares
Ditto, Quarter Shares ..121,4 —
Ipswich & Bury St. Edmunds 15
Do. do. and Norwich
Do., do., Extension Scrip
(late (Carob. and Ely) 2% 2% to
Lancaster and Carlisle.... ... 50
Do., Thirds...... lO ......
Lancashire _ and Yorkshire

(M. and L.) B2
Ditto Half Shares
Ditto Quarters 141%.....
Ditto Fifths 6% 8 ex div. to
Ditto Sixteenths ... ..... ... 6% — to
Ditto Thirds (Reg.) 71.4s
Do. Liverpool and Bury... 34
Do. (Hudders..and Sheff.) 28
Do., Wakefield, Pontefract,
and Goole 421,4 —
Do., West Riding Union ...41. 2s — to --
Do., Preston and Wyre ... 25
Do., do., Half Shares (A) 9
Ditto ditto
Leeds, Dewsbury, & blanches. 32% — to
Do., Branch IA Shares 7%
Ditto, New Branch (blue).. 2% — to —,
Ditto, Extension (green)... 2% — to
Do., New Exten. (pink)... 2% — „..... to
Leeds and Bradford 45 ..... 9114 to
Leicester and Bedford l6s.
Leeds and Thirsk ...—... ...... 31
Ditto, New ..... .... ...... .., 12%
Do., do., Prefer., 6 per Cent. 3 %..... ••••••• to
Liverpool. Crosby, and Sout h-

...
port..
Liverpool, Manchester, and
Newcastle Junction 2% to --
London& Blackwall -.16/. 13s. 4d 554.- to
Ditto New, No. 1..
Ditto New, No. 2 3/. 13s. 4d....
Do. Extension
Lond., Bright., & South Coast 50 ...... 46
Do. Consolidated Eighths... 20 ......
Do. Guaranteed 5 per Cent. 9 . .....
Do. Pref. Cony. 5 per Cent. 50 ......
to
London and Greenwich... 12/.155. 4d...
Ditto Preference lBl 17s 2d... ...... to
London and North Western..loo l5B
Do. Quarter .....L. and B. 12
Do. do. New ..-.. .... ...... 2
Do. do. Fifths
Do. Quarters ... G. J. 20 ...... .-- .. ... to
Do. 40/. Shares L. &M. 15 ......
Do. 40/. Shares...sl. and B. 40 ......
..
Do. 10/.... M. and B. (A.) 5 .
.... •
to --
Do. 10/. .. M.. and B. (B.) 5 ...... .
Do 10/. ... M. and B. (C.) 1 •
•
...... _„to --
London and S. Western.... 411. 63 10d
Do. New Consolidated Sths. 40 ...
Ditto New 50/......., ....... 2214.: .
Ditto New 404 ......... .26 ..
•••••• to ......
Do. Tenths (Consolidated) 50 ...... 50
Do. Tenths (Consolidated) 40 -
Ditto Scrip 59i - ...... to
Ditto ditto 40/. .....
, and 6.ii ..

London, Salisbury, &. Yeovilra 1 2 1,4......
to
Londonderry and Coleraine... 25
Londonderry and Enniskillen 22% — to
Mach Blucto. & 'Matlock 423.