The Sun.
London, England, 1847-10-28 00:00:00

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[PRICE SD.

loans of money has greatly clisil
ing noticed as having been appli
different markets.
HERALD.—The aspect o business in the City
throughout the day has been to cry far from satisfac-
, aner in satisfac-
tory. The very guarded ma whlich the
directors of the Bank of Eng lane zre proceeding
very clearly shows that the rely ixatiosf ..of the Bank
' 1 ICharter Act is in practice ram ely nomirad. It has
been
now ascertained that ;lie directors do .not con-
template making any advance, by way of loan. or
otherwise, to the commercial *classes on d .
rants, bills of lading, or by an of the usual na'Tsert-Trroadrs-
r
of hypothecating produce,whils.lt the rates of int,r, -est
charged where discounts can In obtained upon la. ills
of exchange are far beyond ti'ie rates of profit ,on
regular business, and are th ore only taken fa r
desperate emergencies. With: to the rata. i
charged for loans upon Stock, :Exchequer-bills, &c,,,
the directors do not appear to govern their conduct,
by any specific per centag,e, but, reserve to themselves=
the power of varying it accordiug to circumstances,
but in no case is it charged within 1 per cent. of the
minimum.We mentioned yesterday that a report
had been ,airculated that as much as the rate of 12
per cent. had been charged, taut we have not been
able to find it stated on such authority as
would justify us .5.11 confirming' it. On farther in-
quiry to-day, however, we have learned on autho-
rity that cannot be questioned, that the rate of 12
per cent. had actually been pai d yesterday, and our
readers will, consequently, be able to form their
own opinion of the actual condi'tion of affairs in the
City.
Among the private bankers it rea,\Y be said there has
been a little, and but a little relax-ation, as respects
the extent of their accommodation to their customers,
and the rule followed is to charge the minimum rate
of the Bank of England for first-class paper. Here*
and there there may be a difference of 4- per cent.
below this rate in very particular cases, but there art
a great many more where it runs 1 per cent. Above it .
Beyond the range of the customers of the private an I
joint-stock banks there has been literally no discoun t
market in the metropolis for now nearly six weeks
past, except it be by a lower grade of usurers, whose
rate of 'charge we neither are nor wish to be ac+
quairited with.
An instance has come within our knowledge to-day--
which very forcibly illustrates the relaxed state of
commercial morality, the genuine offspring of the
present pressure. A bill of exchange, drawn from
India, and accepted by a mercantile house in the
City, hitherto considered a respectable firm, which
had been discounted some time ago by a respectable
bill-broker, and rediscounted, with his endorsement,
by the Bank of England, reached maturity to-day.
On the bill being presented for payment the answer
was, that the acceptor had not received a remittance
from the drawer in India to meet it, and on his part
it was coolly stated it was not intended to pay it, on
that ground. On a remonstrance being made against
this strange and cavalier mode of proceeding the re-
joinder was, "We have nothing more to say upon
the subject, and if you are not satisfied, we beg leave
to hand you the card of our solicitor." we have only
to add, by way of finishing this portrait, that this
house has no idea that they should be considered as
having stopped payment.

irbed the bet feel.
rent yeste ay in the

A. VERY STRANGE STORY.
The Paris Presse publishes the two following state-
ments, which, it says, have been communicated to it
by an officer of the navy, whose shots, we suspect, are
only puffs for promotion :
" On the night of the 20th of June last, an English
brig fired, without any previous notice, two guns
loaded with ball on the French brig the Abeille, one
of the squadron of the western coast of Africa. The
commandant of the Abeille, a M. Legras, immedi-
ately returned shot for shot. The English vessel was
so astonished that it made signals to entreat that the
fire should cease, whereupon the French brig ap-
proached it, and the commandant exacted from the
English captain that he should instantly make an
apology. The Englishman accordingly went on
board the Abeille, and made an apology in presence
of the officers and crew, and afterwards entered the
cabin and repeated his excuses. Notwithstanding
this adventure, the English and French on the Afri-
can station are the best friends in the world."

The other story of the Presse is as follows :
"The Abeille was anchored off Quits, a Danish pos-
session in the Gulf of Benin, on the western coast o •
Africa, when the Danish Governor demanded assist-
ance, he being besieged in his fort by 6,000 blacks,
and having only a stock of two days' provisions. The
Abeille immediately sent out its men, who, by firing
grape shot and musketry, succeeded in conveying pro-
vision to the besieged; and this- so frightened the
blacks that within 48 hours aftf.r they had all de-
camped. The Governor of the Danish possessions
then went on board the Abeille, and thanked the
commandant. He next requested that he might be
conveyed to Affrie, another Danish possession, and
his customary place of residence ; and with this re-
quest the commandant of the Abeille immediately
complied."

IMPORTANT POST-OFFICE
NOTICE.
The following notice was issued yesterday from the
General Post-office :
" General Post-office, October, 1847.
" The Postmaster-General of the United States
having given a notice for determining the agreement
under which the correspondence between Great
Britain and Canada has been conveyed, in closed
mails, through the territories of the United States,
as well as all other agreements subsisting between
the Post-offices of the two countries, the mails to and
from Canada will henceforth be landed and em-
barked at llalifax, Nova Scotia, instead of Boston, as
heretofore.
" All letters and newspapers, therefore, addressed
to Canada, will in future be forwarded by the way
of Halifax, Nova Scotia, unless specially directed to
be sent by some other route ; and as the arrangement
under which the United States postage has hitherto
been collected in Canada is also suspended by the
notice alluded to, all letters for Canada, which the
writers desire to have forwarded by the way of the
United States, should be addressed to the care of par-
ties in the United States, or they will otherwise be
detained for the postage due for their transit through
the American territory.
" The postage on letters to and from Canada, for-
warded via Halifax, Nova Scotia, will be ls. 2d. the
half ounce, as at present, but no charge will be made
on newspapers either in the United Kingdom or in
Canada.
"By command of the Postmaster-General."
These regulations will take effect on and after the
3d of November next.

POST-OFFICE.—NEW REGULATIONS: 011 and after
the 10th of November, letters exceeding four ounces
in weight, must be pre-paid in money, or in stamps.
With this restriction, any weight may be sent by
post, but the packet must not exceed' two fw eet
not
in
length, and nothing should be posted which ill
bear the crush in the letter bags.

, a,
MEMORIAL NIGHTS.— IV e are
THE Ss
ree usecof their. respec.
authorisedhe nts
otfo stateoventth-
ga
at
rbdoeth
atnhe lessees
n the f
happy in being
Jones, Esq., as Chairman
Committee,ve for the purpose of 'a
an of the
tiof the
t theatres
ao royal
Central
nnetgs
:or;
aorb
11
George si
generously
mgi
plaeovneeplhea,sve
Shakspere Memorial Night." The lessee of the
theatres at York, Leeds, and Hull, has also granted to
the chairman the free use of his several theatres, upon
which occasion Lord Morpeth, M.P. for Yorkshire, bas
given his patronage. The members of the histrionic
profession will now have an opportunity of evincing
their sympathy in the good cause by their instant
volunteering, and thus support the enthusiastic efforts
of the chairman of the committee, who, upon this occa-
sion, re-enters the profession, and has given his gra-
tuitous servic, s to every principal theatre In the king-
dom.—Observer.
ALARMING INCIDENT.—Yesterday afternoon a
carriage and pair, belonging. to Mr. Connal, broker,
while standing at a shop door in Sauchtehall-road, sud-
denly started off at a fearful pace, the horses, it seems,
having been alarmed by the carriage :dcor being
slammed to by the coachman. Fortunately there was no
one within the carriage, or the consequences might
have been serious, the animals rushing along with fright-
ful velocity; nor was it till they had reached Partick,
a distance of nearly two miles from where they started,
that they came to a stand-still. Such NM the momen-
tum which they had acquired that a horse and cart,
which the driver drew across the road in the hope of
checking their speed, were overturned is an instant,
though without sustaining any material damage. No
accident, we are glad to say, occurred during their
headlong career with the above exception.—North Bri-
tish Mail of Tuesday.
[ADVERTISEMENT.] AN AFFECTION OF THE SPINE
AND LIMBS CURED BY HOLLOWAY'S OINTMENT AND
PILLS.—Mrs. Iteynolds, landlady of the William the
Fourth Inn, St.
Ives Hunts, had been ill for fourteen
months with an affection of the spine, her feet and legs
were
Several
dreadfully s
eminentwool l en, s andurg e
osnhse
and becamephysicians perfectlya
t.
helpless.'
tended her, under whose care she derived no benefit,
but by the recommendation of Mr. Prior, druggist, Bed-
ford, she tried llolloway's Pills and Ointment. These
fine medicines, in about nine weeks, so completely re-
stored her to health and strength, that she is now able
to resume the duties of her household with ease and
comfort.—Sold by all druggists, and at Professor Hol-
loway's Establishment, 244, Strand, London.
THE WINDOW DUTY A TAX ON COMELINESS AND
GROWTH AS WELL AS ON HEALTH AND LIFE.—We PAW
here remind our readers, that it has been actually proved
that individuals born and bred on the dark sides of streets,
or otherwise to the exclusion of light, are liable to
.naadney
.
evils and defects, and even to permanent decrepitude.
What a tax then on the health of towns is the
window
tax! The powerful and peculiA
animal life, we may add, hes eve
if screened from will
not grow up into frogs at ally as
ninfibueeenneenoottedligihnttohne
curious fact, as usual, but will merely
continue to grow into the lower
organization of enormous
tadpoles.-43ailder•
that tadpoles,