The Sun.
London, England, 1841-11-22 00:00:00

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LONDON, MONDAY, NOVEMBER 22, 1841.

MONEY MARKET and CITY NEWS.

FROM THE MORNING PAPERS OF 7THIS DAY.

POST.—Our readers will sicken at the recital
of those acts of heartless profligacy in the better
grades of society, which leave liecoine,. at length,
subjects of almost daily c-'q'osnre before our
Police Courts. In ex I esivP anti :;vAtematieldit-
orgailisa ei,h,viettev Iltitimor•ird to
ba,ve ih% 1.,11?•:; titit, the-
Ifinise during- the week. - The operations of the
parties implicated init.are said to have extended
to almost every branch of our commerce, and
the most 'militia feature in the case is, that the
individuals themselves are young men well con-.
nected ; an advantage of which they have availed
themselves to the fullest extent, though for the
worst of purposes. The mode of proceeding, in
this instance-, has been that of obtaining credit
on the largest practicable scale, for a firm, com-
posed of fictitious or . assumed names, located itt
Moorgate. • The particular;; will, we suppose,
come before the public very shortly in a circum-
stantial form.

HERALD.—The failures of several mercantile
firms of consideration abroad were announced to-
day.
of
them ectiliot
Cadiz,
altsievolyiel,cootiosai
losses
on
, one of
el
eslished in -
tablishments y, more
sy some
oneult-
on
which is largely concerned in the Spanish and
Spanish American trade, but well able, however,
to bear up against much more considerable com-
promises. An East India house of agency was
reported also as beingp embarrassments, but the
concern is of inconsiderable note. The event,
however, which excited the most surprise was the
reported failure of one of the largest establish-
ments in the metropolis'irttlie-retail haberdashery
and linendrapery line.
The grand Exchequer bill fraud might still
have been carried on for years perhaps, before
final-explosion, but for those monetary derange-
ments which rendered it every day more difficult
to obtain advances of money on deposit of bills,
excepting on conditions so usurious as could not
fail to excite misgivings that the security de-
posited was not• come by legitimately. Hence
detection of the existence of duplicate -numbers
of bills by an astute banker applied to for ad-
vances of money on his own terms, whatever
'those might be, which arousing his suspicions
led to those examinations and collations of bills
by-himself and others which resulted in verifica-
tion of-the fact suspected.
CHRONICLE.—A transaction has been com-
municated to us to-day which serves to show in
a very strong light the distrust with which Ex-
chequer bills are now looked to in the Money
Market. An influential broker sold a consider-
able amount of these securities the other day,
and oo sooner had he done so than he Made it
known that he wished to lend the money. The
same party who bought the Exchequer bills !
came forward to offer for it : on which the
party who had sold the Exchequer bills, said
he had no objection to lend him the money,
but it must be on other security than Ex-
chequer bills. It has been very generally
stated that Smith will be received as an
approver, or Queen's evidence; but whether the
report be true or not has not yet been confirmed.
If such a course be necessary to expiscate truth
and to punish the guilty, so as to trace out the
whole parties implicated, the step may be proper,
as necessary to the ends ofjustice ; but if it have
•been gone into merely to ensure a conviction,
and not to bring home punishment to the prin-
cipal authors of the crime, be policy may well
be questioned.
Several failures are announced to-day. One
of them, an extensive Italian house in the silk
trade, whose drafts hilve been accepted to a
considerable amount in the City. Another
Spahish firm of some importance at Xeres, is
said also to have suspended payments, and there
is a report of a large brewing establishment
nearer home..

TIMES.—A private letter from New York,
after making some observations on the maritime
relations between this country and the United
States, points to the purchase of Cuba by Eng-
land as likely to prove an advantageous measure.
The United Status, it is admitted, might at first
feel some indignation at the transaction, but it is
observed that we have just as much right to pur-
chase the island -'s• President Jefferson had
to purchase Louisiana—as much right to boy
a controul over the trade of the Gulf of
Mexico as the United States had to buy the Gulf
itself. Such an acquisition would, it is remarked,
be the _very best security for the regular pay-
ment of dividends on American State bonds,
and also prove, a firm bond of' peace between
the United States and
ourselves, as the greater
part of the American exports would be com-
pletely within our power. As to the practica-
bility of the purchase, we are reminded that
Spain is a debtor to this country, and that the
revenues, of the island are such as to prevent
its being an incumbrance. The people
of Cuba themselves
object to the importa-
tion of fresh slaves, and as to the pre-
sent slaves, it is suggested that a prospec-
tive emancipation might get rid of every diffi-
culty. The change of rulers does not seem to be
thought a very great obstacle, since it is re-
marked that if the people can submit to a
Spanish Council and
Governor, they can submit
to anything. There is no doubt, front the general
tone of the letter in question,
lightly, but still, considering
that obstacles are
treated as lightly as possible, and perhaps too
the value of Cuba
and its geographical position, the subject is worth
consideration.

CONFINEMENT OF AN AUGUST PERSONAGE
IN LONDON.—TIie prisoner, with whose case we wish
our readers to be acquainted, has suffered cruelly from
his as a pure and guiltless
victim tenderest
by which he has never
ceased to be oppressed, ill-used, cor e
unheardtfan c
-y o f
injustice,
n
and spoliated. From
splendour and happiness 'suddenly hurled, he became
-at the age of seven years the inmate or the darkest pri-
sons, where he was compelled to spend the greatest part
of his youth. He is now father of a numerous family,
and this last imprisonment is for an alleged debt. He is
neither accused of having borrowed money nor of being
unwilling to settle with his creditors ; his. present cus-
tody has only been caused by the accusation of one of
his creditors, who, on an affidavit, procured a Judge's
order and warrant against him on the assertion that he
was on the - point of quitting England privately: The
august personage we speak Of is the Duke of Norman-
die, the last son cf Louis XVI. and Marie Antionette,
Queen of France. Though we are far from pretending
that the offspring of France's hapless Royal Family
should tread a thornless path in life, we cannot help
thinking it a crying disgrace to the French nation to
abandon their last legitimate King to the insults of any '
individuals. Did even the unfortunate Duke owe any
stun whatever to his accuser, it will lie publicly proved
that the attestation:of his intention to leixe the country
privately alone caused his arrest.—British Queen.
ANECDOTE OF SULTAN MAHMOUD —His
Highness was some years ago going in state to a mosque,
and had proceeded as far as the tomb of his father, Abdul
Hamid Khan, at Baktchi Kapsi, when an old Mussuluian,
of mild but serious aspect, suddenly seized his stirrup,
and said, ' It is the will of God ; I have a suit against
you—accompany me to the Mekhemme—(Hall of Jus-
tice.) The Sultan, without evincing the least surprise,
replied, "It is well—l Will go, but it will be by
deputy." • Then turning to the Stambol Effendessi
(Mayor), he added, " I constitute you my.representa-
tive—let two gentlemen go with you to certify your
identity, and do you see that justice takes its
course." The man quitted his hold of the stirrup
—the procession moved on—and the others went straight
to the Mekhenune. It turned out that the plaintiff
haVing a piece of land which adjoined that of the govern-
ment at Adalia, the governor had, on some pretext or
other, taken possession of it twenty-seven years before,
notwithstanding that the owner held the- titlyl deeds.
These documents were now produced, examined, and
found to be in order, and the Sultan was condemned not
only to restore the property, but to pay the proprietor
the rent of it for twenty-seven years. All was done
without a remark; and the man in a few days set out for
Adalia. Previous to leaving the capital, however, .lah-
moud sent for him, complimented him on his spirited de-
termination, and loaded him with presents. Ile then
dismissed his fortunate subject with words to this effect,
"Return home, and should any man -Wrong you, if the
TO PAY OLD
authorities fail to do you justice, recollect am here !"
Dkillirris?-1107rditlietujirs7a;Ise'NnEniWghtW, Ar..Williatts, of this
and laid
and without much
the
heavy.
ado, thetool: his
town, delivered his bill, which been some time stand-
ing, to Mr. T. Sealey, at Round Robin' Farm. Sealey
disputed
butt end of,
it across Mr. Williams s head, cut his hat,' and severely'
injured him ; he also got him on the ground hnd tram-
pled upon him. Mr. Williams at length rallied, and
correctnesshot.sehi, of tdhlea
pn
fought a round or two with success.' After this conduct,
what does Mr. Seitley do? Apologise, of course? *No;
he took his horse, rode to Swindon, and positively
obtained a summons against Mr. Williams for an assault.
The case was heard on the following Thursday, and, as
might be expected, dismissed—Sealey
having to pay the
piper. Mr. Sealey is no great favourite of the inhabi-
tants of this town ; and on the sth of November his
effigy was carried round the streets and burned, with em-
blematical inscriptions. In the course of the evening the
windows of a house he was in the habit of visiting were
broken,-and much violence committed.
The Earl of Dalhousie and - Blaketnore,'
M.P., had audiences of Sir James Graham on Saturday
morning at the nome-offiee.

''RICE 5(1