The Sun.
London, England, 1841-02-11 00:00:00

how England is regarded by many persons across the
Channel, with respect to the possibility of treating her
as a friend in matters of commerce. The writer
would impress on his readers that the English Go•
vernmeot is one which would not pause to adopt any
measure to create markets for her manufactures, and
that, in whatever part of the world the Enlish
are met, they are found to be enemies rather than
commercial allies. England, be adds, has drawn
upon herself the mistrust not only of France, but
of the entire Continent, her only aim being to acquire
a manufacturing and commercial monopoly, while the
principle of her customs legislation is to prohibit, di-
rectly or indirectly, all productions which might ema-
nate florin herself, and even such as her own territory
will not produce, as, for instance, the wines of France.
As for England in modern times changing her lan-
guage, and talking of free trade, this Le Commerce
considers a change of words only, not of system, or
at any rate it is a mere change of theory, which has
not been' followed by any practical result in the Le-
gislature. England, being the originator of the re-
strictive system, which has been followed by other
nations, ought to set the example in changing this
system, repairirg the evils which she herself has
caused, abolishing prohibitions, and admitting foreign
products by a modification of her tariff, but till then,
it is urged, it will be but prudent for Europe to re-
main in a state of distrust, and also to combine
against English monopoly. While the writer would
thus shsw to every European nation that it is ex-
pedient to put no confidence in England; he ad-
dresses himself especially to the French, rl;minding
them of the results of the treaty of 1786,, by which
they n•erc.bound to take English menufactures at a duty
of 10 to 12 per cent. on their value, while England
excluded French Silks, only admitted cloths and linen
webs at 50 per cent. on their value, and took they wines
only on condition that they should pay a duty nearly
triple of that levied on the wines of Portugal. Though
the system under that treaty is at an cad, the wr,ter
would call to mind that tho alteratiebs made within
the last few years in the French castotns.•,laws have
been greatly in favour of England,- as, foi instance, the
facilities afforded to the transition across the French
territory, and the reduction of duty on coal, iron, lead,
brass, and linen cloths, all of which, he says, have caused
a quantity of products to be imported into France double
in value to that imported six months ego. In return
for these concessions England, he says, has granted
nothing, This-is to be received, of course, as an argu-
tnent against ❑s, put commercially in the strongest and
the most hostile shape possible ; but it represents, pro-
bably, the notions and feelings of a large majority of the
trading. classes in France, and may serve to moderate
the expectations of those who are looking for a good and
beneficial commercial treaty between the two countries.

CHRONICLE.—The funds have been heavy
throughout the day, and prices are lower. Dissppoint-
ment has been felt that Lord Palmerston's answer on
the subject of M‘Leod's arrest was not more explicit,
although we cannot, for our part, perceive how more infor-
mation could have been looked for pending such grave
negotiations ;
.11,4.unelsiness will be felt until the pro-
bable issue.-nfjhe`::Ainctietin'affair- is, more accurately
ascertained, antutitit4lMfkte of -the commercial treaty
with FranCe is'etTpcicre4r: ' -
Some stiles monel stock have also been made to-
day, which added to c depreisina.
Therevai,vefy lIIt a4ot 10-00 Ex.;hanges,
but the rate..tre‘iiiiie:r hoter than fith post. Until
the navigatiOdste4eili,:trade-; both exterscal and inland,
must be Lair atAlii..".iiiinot-,loolt. for .kny marked im-
provement'ih -in the , e ranges until _ _ f rest has
broken up. .
The heiviness. in'the English Funds keeps down all
descriptions of foreign securities, and Spanish Bonds
have beat drooping with the rest ; but- the prices at
Madrid and Paris still keep up, the former being at 28-.1
for the Actives; and the latter 25i, by the last advices.
At the commencement of business the.. Actives were
quoted here to-day at 24 toe; some few sales, how-
ever, combined with the heaviness of Consols, produced
an unfavourable effect on the Market, which gave way
and closed'a.t-231. to
It is stated in the columns of the African Colonizer
that the evidence is:in favout;`of the opinion that coal
exists in large quantities within a moderate distance of
the ports of the Soutls-Esst Africa, on the Natal and
Mozamhique coasts, although the geological formation
of the country seems to throw considerable doubt on
the matter. The heads of the recent plan proposed by
the West India Association are also given in the same
paper, which are in many respects deserving of support.
We may mention the abolition of all distinction of co-
lour, the establishment of branch associations in each
colony to furnish information relative to thoir agricul-
ture, commerce and statistics, and the bringing about a
general regulation of the currency.

HERALD.—A strong impression has evidently
been produced in the city by Lord Stanley's forcible ex-
position of the actual state of relations with the United
States, so far as evidenced only by the atrocious arrest,
imprisonment, and approaching trial of Colonel 114Lood,
a British citizen, with his very possible condemnation
and judicial murder, and the effect was not at all dimi-
nished by the more than commonly lame excuses and
admissions of the Foreign Secretary, both in reference
to the refusal of further information and to the indirect
confession of negligence in pursuing those negotiations
which might have averted the present extraordinary di-
lemma, and led to some conclusive settlement upon the
matter more immediately in contention, relating to the
burning the steamer Caroline some three years ago. The
funds were naturally affected by this unsatisfacmry de-
velopment of affairs, and Consols declined to ssi to 1
for Money, and for Account to 881 to -a. Business was
more active to•day, but although much was done, yet no
very considerable transactions having the character of
speculations were reported.

and at the latter from 4s. 6d. to lid. per dollar. I do
not for a moment mean to insinuate that her Most Faithful
Majesty's Government meditated taking any adventage in
this respect ; but it is perfectly reasonable that the bond-
holders should be protected against further loss to which
fluctuations in the exchanges would undoubtedly subject
them. As such, in the event of hilving recourse to this
dreaded alternative (remitting the coupons to Portugal),
I venture to suggest that, in justice, they should be re-
ceived at the exchange of the day."
We are glad to hear that the manner in which the
Spaniards and Portuguese are cutting and carving out
systems of compromise for themselves, has at length at-
tracted the serious notice of the English Ministry. The
Committees have been requested to forward to Lord
Palmerston such particulars as they may deem essential
to the interests of their constituents, es contained more
especially in their memorials or remonstrances to the
respective Governments.

LAW !INTELLIGENCE.

COURT OF CHANCERY. FEB. 10.

It was expected that the Lord Chancellor, accord-
ing to notice, would have sat in Lincoln's Inn-hall to-
day, but at the usual hour of his Lordship's taking his
seat, it was intimated to the Bar that his Lordship was
so much indisposed as to render it impossible for him to
attend the Court.

COURT OF BANKRUPTCY, Fit 9,
IN THE MATTER OF ASHTON'S BANKRUPTCY.

The bankrupt was a tailor, carrying on a very extensive
business in Pall-mall, and the petitioning creditor's debt was
founded upon a bond to him for 2001. at an interest of
7i per cent. It was sought at the last hearing by the
claimant to prove for the amount of his bond, but the
Learned Commissioner before whom the case was argued
(Mr. Commi,:sioner Ho;royd) was of opinion that the bond
was void, but that the proof might be made upon the con-
tract wh,zn evidence of such contract was ready to be. ten-
dered to the Court, and that the consideration might be
good, though the bond was had. This was objected to on
the part of the chin-pant, who considered that his bond was
unimpeachable, and it was prayed that a Subdivision Court
might be held, to hear further argument upon so important
a point, and it was held to-day accordingly in the Court
of Mr. Commissioner Merivale. _

Mr. James attended as Counsel for the claimant (with
Mr. Edwards, as soLeiti)r), and Mr. Parker for the as-
signees. _ _

—The arguments of the Learned Counsel, which extended
to a great length, and which mainly hinged upon the ques-
tion whether bonds were chargeable upon lands, having
been concluded.

Comrnissior.cr HoLaoYD gave judgmont at great
length, and concluded by stating as his opinion, that if the
party could give evidence of the loan of the money to
the bankrupt, he might prove as for a single contract debt,
but that the bond in which Ashton and Sargors were the
obligors, was void.
Mr. Commissioner MruvAt.t would not enter into
any detail in the expression of his opinion, which, however,
was that the proof was properly tendered on the bond.

Mr. Commissioner FONBLANQUE cone red.
Mr. Janes then epplied for costs, but the Court refused
the application.

CROYDON PETTY SESSIONS.

(Before Mr. D. R. WARRINGTON and other Justices.)
Mrs. Elizabeth Vickery, who keeps a large beet-
shop, called the Castle, at Gibbet-green, near Croydon,
was charred upon four informations, laid by Mr. Bar-
nard, the Supervisor of Excise for this district, by or-
der of the Board of Excise, with having sold wine
and brandy without a license, whereby she had incurred
penalties amounting to 2001.
The defendant, when called upon to plead, said that
she admitted she had sold the spirits and wine, and that
she was not licensed ; but she said she should not have
done so, but that the Excise cfl.!ers who went to her
house told her they could not drink beer, and that no
harm should come of their being served with wine.
The BENCH said this was a very grave imputation
upon officers placed in a very responsible situation,-and
they considered it better that the evidence should:be
gene into.

William Bullen, an officer of Excise, was then exa-
mined, and he deposed that he went to the house of the
defendant, in company with another officer, aad they
ordered dinner and a pint of sherry, which was brought
to them ; and in the bill they were charged 3s. Gd. for
the wine. They had also some brandy, for which they
were charged Is.
Another Excise officer, named Drew, confirmed the
statement of the last witness.

The CHAIRMAN said a strious imputation had been
cast upon the officers of having trepanned the defendant
into the commission of the cifence, and he should wish to
ask both of them upon the solemn oath they had taken,
whether there was any truth in the•statement that they
bad told the defendant they could not drink beer, and
that she would not get into any trouble if she allowed
them to have wine.
Both the officers stated positively that nothing of the
kind took place, and they said that so far from any diffi-
culty being made to let them have wine, that when they
came to have their dinners, they found some glasses
ready placed upon the table, and the moment the wine
was ordered it was brought to them.
Mr. Barnard said that the present informations had
been ordered by the Commissioners of Excise, in conse-
quence of their baviag received information that at the
defendant's beer-shop as much business was carried on
in wine and spirits as at any large tavern. The present
informations had been laid with a view to put a stop to
such illegal proceedings.
The BENCH said they had no doubt that the state-
ment made by Mr. Barnard relative to the conduct of
the defendant was founded on fact, and they should
therefore convict her.

Mr. Barnard said that the Board of Excise were not
anxious to press heavily upon the defendant, and if a
conviction took place on the two first informations, he
was instructed to withdraw the others.
The BENCII told the defendant she ought to be very
gratelul for the leniency she had experienced, and they
hoped the present proceedings would be a warning to her.
She was then convicted in the penalty of 251. upon each
of the two first informations.

POST.—Some gentlemen interested in the Stock of i
Buenos Ayres have waited on Senor Moreno, as the
representative of the Republic in this country, in order
to ascertain whether or not, now that the blockade has
been raised, some relief may not, before long, be afforded
to the Bondholders, the payment of whose dividends
has been many years suspended. After the conduct
witnessed of some of the other agents of the South
American States, little was expected from the Envoy of
the Argentine Republic ; but, from all we can learn,
the parties alluded to met with‘the most encouraging
reception.' Senor Moreno assured them that the claims
of the English creditors have never for a moment es-
caped the attention of his Government, and so satis-
fied was be of something being, at an early period,
done for them, that he would regret extremely that
they should be induced, after waiting so long and so
patiently, to part with their securities at the present
heavy discount. The capital of the debt is between
900,0001. and 1,000,0001., which was negotiated by
Messrs. Baring, Brothers. and Co., at the high price of
85 per cent. Of this nominal amount Senor Moreno
admits, in a straightforward, handsome manner, the
proceeds were paid into the Buenos Ayres Treasury
to the last farthing. We mention these facts that
the Buenos Ayres bondholders may not be led astray
by the nominal quotations of the Stock Exchange,
as the Chilian bondholders have been, and, like
them, throw their securities away. The Chilian
Bonds, for which the price made by the English
jobbers is only from 63 to 5, are, we understand,
selling at St. Jago at 96 to 8. The English price
includes a heavy arrear of interest, The coupons
cannot be worth less than l 5 to 20 per cent., to
judge from the price of Spanish Deferred Stock, and
the holders should not allow themselves to be cut
to pieces by the nominal quotations of the stock-
jobbers. The amount of the capital of the debt is, in
both cases, it is to be borne in mind, very limited. The
resources of Chili are, moreover, as is well known, in
course of rapid improvement ; while, with regard to
Buenos. Ayres, it is shown, on the best authorities, that
the revenue of the State is susceptible of a vast in-
crease. The attention that has been paid to the woes
trade, formerly ono of no account whatever in the Re-
public, but which is now gradually becoming a lead-
ing branch of business, is particularly alluded to in the
publication of Sir Woodbine Parish, our late Minis.
ter at Buenos Ayres. Wool:like hides and tallow,
may be considered a staple of the country, and an ex-
cellent medium of remittance during an adverse state of
the exchanges, such as the Buenos Ayres Government
have at this time to contend with.

POLICE IN TEL LIGENC E.

MANSION-HO USE.

. _
A people who have shown themselves capable of
maintaining a contest of three years' duration with a
Power like France, aided as the latter has been by
Uruguay, will, if we mistake not, become impatient
of the stigma which attaches to their character in a
financial point of view. Senor Moreno does not deny
that the home creditors have been regularly paid what
was due to them ; and if a demand has not been made
by the British Minister for justice on behalf of his coun-
trymen, the creditors of Buenos Ayres, it is quite clear
that it cannot have been for the reason that their claims
were less urgent than those of the complaining subjects
of the King of the French.
A correspondent called attention in Yesterday's paper
to the Portuguese decree for the conversion' of the:. o
reign debt, pointing cut an objection which he sup-
posed had escaped the notice‘v of the ether stockholders
ho
The said objection had,
Thvearti been met at an early
period by Mr. Thornton,
he addressed to us on the 19th ufte,ntriccenj ,
particulaletterrly
to the 6th article of the decree which fixes
holders
the exchange
at 55d. the milreis, " should the oLf. coupons
have to resort to the Custom-house's norf
Oporto for the payment of their reduced dividends," and
a most inadmissible one, and it is said that, should
Thornton not receive from Senor Ferraz a saitisiadetNtr.
reply upon the point, the measure of conversion before
the public will no longer have his countenance,
Mr. Thornton argued the matter thus :
" It is right to infer that while the exchange at Lisbon
ranges above 55d. per ruilreis the Government will remit
and pay in London ; while on the other hand, if it falls,
the already deeply injured bondholders will be the suf-
ferers ; and here two melancholy instances present them-
-I.es, -IL. of ei al-1 io, ... faG
of Rio de Janeiro and Buenos Ayres, the exchange at the
former place having fallen from 60th to 32d, per milreis,

The agents of Mr. Ledger, the late candidate for
the office of Bridgemaster, appeared before Alderman
Wilson to prosecute a case of wilful and corrupt perjury
under the 11th Geo. IV., cap. 18, sec. 3, alleged to
have been committed at the late election for that office.
Tue subject has become matter of deep interest in the
C.ty, particularly since the statement made in the Court
of Alderman, that hundreds of strangers to the livery
and freedom of the City had voted on the occasion, and
the Justice-room was crowded.
Thomas Bradstock was put to the bar on the charge
of hating perjured himself on Tuesday the 20th of
January (the sixth day's poll), by swearing that he was
a freeman and liveryman of the City, cud had been ho
for twelve months past.
Mr. Stodart, !foal Mr. Humphrey's office, appeared
for the prosecution, and called witnesses.
James Churchill Meech, of No. 5, Rose-place,
Globe-road, Mile-end, deposed that he had been check
clerk to Mr. Gibbs at the last election for Bridgemaster.
He was present at the polling-place when the prisoner,
whom he had known since the year 1832, came up to
poll. Witness suspected that the prisoner was not a
freeman or liveryman ; and, in a friendly way, asked him
how long he had been a liveryman ? to which he re-
plied "fourteen months." The oath was then administered
to the prisoner by Mr. Jaques, the poll-clerk to the Se-
condary, and witness took the regulation check, after
having heard him distinctly take the oath and poll.
Mr. William Jaques, poll.clerk to Mr. Secondary
Potter, who presided during the polling, stated that he
had some knowledge of the prisoner as being at the
election, but could not distinctly swear to him. Wit-
ness polled note except those to whom .he ad-
ministered the oath ; and it was his duty to enter
the names of all parties polled in the poll-
book. (Here Mr. Secondary Potter produced the
poll book. Witness read the name " Thomas Brad-
stock, draper,"from the poll book, which had been
entered by him. The person who appeared to poll,
gave at first the name of Bradloek. Witness then de-
sired him to spell the name, and he spelt it " Brad-
stock." That was in consequence of what the check
clerk, Meech, bad observed to the person voting.
James Churchill Meech (the former witness) said, he
heard the prisoner give the name of l3radlock first, and
corrected him.
Thomas Sloaman, beadle to the Drapers' Company,
deposed that there was no such name as Thomas
Bradstock in the Drapers' List of the Livery. Wit-
ness knew all the drapers by name but not by sight, and
he knew that the prisoner was not a liverymen of the
Drapers' Company.
Mr. Thomas Dudman, of Coopers'-row, Crutched
Friars, clerk to Mr. Ledger, recoLccted that on the
20th of January the prisoner came up to the poll.
Witness heard all that passed, and saw the oath admi-
nistered to the prisoner. Witness suspected the pri-
' soner himself.
Alderman WtosoN—Well, prisoner, what have you
to say ? Prisoner—Nothing, sir, but that I was never
there at all.
Ald:rman Wir.soN—Who and what are you?
Prisoner—l have got property, and lam assisted by
my father. 1 have ben in the Mint, and my father
e.nd brother are now in that establishment.
Alderman W1Lti0N......1. Shill! commit )ou for trial,
but the offence is bailable.
Mr. Hill, the solicitor, who appeared for the priso-
ner, requested to know with what amount of bail the
Alderman would be satisfied ?
Alderman WiasoN—He must enter into security
himself to the amount of 1001., and provide two good
sureties, in 501. each, and 24 hours' notice of bail must
be given.
Mr. Thompson, election agent, submitted that as
the matter was of great moment to the citizens of
London, the Alderman would probably direct the City
solicitor to procreate.
, - ,_:;,:i'•...cr
1
shall, in such a case, be instructed to prosecute. Mat-
tors of this description may seriously affect the City,

THE SUN, LONDON, THURSDAY, FEBRUARY 11, 1841

and the Magistrates will do all in their power to put an
end to such practices as hare evidently taken place at
that election.
The prisoner was then ordered to be committed.