The Sun.
London, England, 1841-01-18 00:00:00

NAVAL INTELLIGENCE.

(From the Hanzpshire 7'clegraph.)

H.M.7
PORTSMOUTH, JAN. IG:—Litters from M onz
Lieutenant Commander Henry Broadhead, dated
Ac_:ra, Ist October, state the present slip's company to
he a:1 healthy ; but great apprehensions ware enter-
tained for the safety of Mr. Slade, mate of the Lynx,
who, with some of the crew, was left on the 12th of
March, off Lagos, in charge of a Portuguese schooner
prize, bound to Sierra Leone. This vessel called at
Prince's Island for water, and has not since been heard
of. It was feared, from the length of time which had
elapsed since that period, she had been upset in one of
the heavy tornadoes prevalent at that season of the year,
and that every soul had perished.
The head-quarters and baggage of the 42d regi-
ment, under the command of Lieut.-Colonel Johnstone,
..mbarked on Monday and Tuesday last at Cork, on
board the Atholl, troop-ship, Mr. Bellamy commander,
for Corfu.

The Viper brigantine was put out of commission on
Thursday, and her crew allowed leave of absence.
The Sulphur and Stirling arrived at Singapore on

the 15th October, and were-lying there on the :25th.
The crew of the Rapid have been paid wages this
day, and granted ten days' leave.
The new steam-vessel Driver left this port yesterday.
for Woolwich, in tow of the Fearless stelmer, but put
back in the evening.
The Pluto steamer arrived to-day from the eastward,
with a few volunteers for the Indus ; she will go to
Plymouth with a few others for the Impregnable, and is
ultimately intended to accompany Captain Trotter's
three iron steamers to the mouth of the Niger river.
The Phconix steam-vessel, Commander Richardson,
was paid wages on Wednesday, and is still waiting for
orders to proceed to Malta.
The Avon steamer sailed on Thursday, for Plymouth,
with newly raised seamen.
In Harbour—Queen, Victory, Indus, Excellent,
Royal George, Tweed, Phoenix, Rapid, Apollo troop-
ship, Pluto, Alban, Fearless, and Echo steamers, Cracker
tender.

At Spithead—Driver.
A Court-martial was held on Saturday last at Ply-
mouth on hoard the San Josef, in Hamoaze, on George
Hobbs, the gunner of' the Pigeon packet. The priso-
ner was arraigned on four charges. First—being drunk
and disorderly ; 2d, repeated drunkenness ; 3d, for
insubordination, and disobedience of orders ; and 4th,
for striking his superior officer, Daniel Braily, master
of the Pigeon, while in the execution of his duty. The
prisoner pleaded guilty to all the charges. Daniel
Braily deposed as lollows :—I am master of the Pigeon
packet ; in consequence of the prisoner's repeated
drunkenness and disobedience of orders, I had written
for a court-martial on him. On the third of January
he came into my cabin and asked me if I would with-
draw the letter, I said, certainly not, and that he had
received a deal of kindness from my hands ; the priso-
tor used very foul language to me, and struck me several
times. There was a boy with me in the cabin at the
time : I called out for the boatswain's mate, who came
with three or four men to my rescue, just in time to
save me from being struck again by the prisoner. The
prisoner had me by the collar at the time I was rescued.
The boy who was in the cabin corroborated the state-
ment of the master. The Court deliberated nearly two
hours, and on its re-opening the Judge Advocate read
over the charges, and pronounced the prisoner guilty :
he sentenced him to be hung at the yard-arm of one of
H.M.S. in Hamoaze. The prisoner expressed a hope
that in consideration of his long servitude, and its being
the first offence, the Court would recommend him to
mercy. The President, Rear-Admiral Warren, said the
Court regretted that their duty was imperative, but that
they would recommend him to mercy.
APPOINTMENTS.

Lieutenant—W. C. Nowell, to the Powerful.
Assistant•Surgeons—R. Willcox (acting), to the
Phoenix, vice Callaghan ; Dr. W. Scott (acting), to the

Queen.
Masters' Assistant—James Milton, to the Avon.
Clerk—J. A. Messum, to the Phwnix.
First Engineer—W. Richardson to the Pliconix, vice
Marshall.

Second Engineer—John Henty, to the Phoenix.
Carpenter—W. Lee, to the Victory, vice Reynolds ;
Edward Bulley, Carpenter's Mate of the Viper, to be
Acting Carpenter, and borne on the Victory.
ROYAL MARlNES.—Captain David Marley, to the
rank of Lieut.-Colouel, vice Walker, deceased ; First
Lieutenant William Gordon to the rank of Captain,
vice Marley ; Second Lieutenant E. T. H. Ussher, to
be first Lieutenant.

Vv
Lieutenant Stephen Bradley (1838), so highly
spoken of by Commodore Napier, in his despatches of
the 9.5 th and 29th September, and 13th October last,
for his gallant conduct on the coast of Spain, is pro-
moted to the rank of Commander.—Commission dated
the Ist instant, on which he completed his two years'
sea service as Lieutenant.

(From the Hampshire Independent.)
PORTSMOUTH, JAN. 16.—The Athol, troop ship, ar-
rived at the Cove of Cork, on the Bth inst., from this
port, to embark troops for the Mediterranean.
The Apollo, troop ship, Mr. W. 'iVhite, master
commanding, goes out of harbour to-morrow morning,
and sails immediately to Cork, to embark troop for
Malta.

First Lieutenant Craig, R.M., was a passenger on
board the Thamei Dublin steamer, when she was lost a
few days since off Scilly.
The crews of the Rapid, Avon, and Viper, have
given a day's pay to the widows and orphans of the late
crew of the Fairy.

MORTALITY in the METROPOLIS.

The following are the results of " A Table of Mortality
in the Metropolis, showing the Number of Deaths from
all Causes Registered, in the week ending Saturday, the
9th January, 1841." The Table is issued, from the Office
of the Registrar-General:—
Weekly
CAUSES OF DEATH. Total. Average
1833-9-40.
Epidemic, Endemic, and Contagious Diseases 227 204
Diseases of the Brain, Nerves, and Senses 163 151
Diseases of the Lungs, and other Organs of
Respiration
Diseases of the Ilea-t and Bloodvessels
Diseases of the Stomach, Liver, and other

, . ....
Organs of Digestion 72 60
Diseases of the Kidneys, &c.
Childbed, Diseases of the Uterus, &c.
Diseases of the Joints, Bones, and Muscles
._..

Diseases of the Skin, &c 1 1
Diseases of Uncertain Seat

Old Age, or Natural Decay llO 71
Deaths by Violence, Privation, or Intemperance :19 25
Causes not specified
Deaths from all causes _
___ ll9l

Average Weekly Deaths .. 926
Deaths in the Average Weekly
Week. Deaths, 1838-940.
Western Districts ... 165 139
North Districts
CentrarDistricts 260 ..... 190
East Districts 267 ...... 211
South Districts .

Total 1191 926
It is stated that under the term Metropolis are com-
prised the 32 districts herein mentioned, which include the
City cf London within and without the walls, the City and
Liberties of Westminster, the out parishes within the
bills of mortality--and the parishes of St. Marylebone ;
St. Pancras ; Kensington; Fulham ; Hammersmith
(Chapelry) ; St. Luke, Chelsea ; Paddington ; St. Mary,
Stoke Newington • St. Leonard, Bromley ; St. Mary-le-
how ; Camberwell% Greenwich ; St. Nicholas and St.
Nut, Deptford; and Woolwich. The population as enu-
merated in 1831 was 1,594,890. The weekly average for
1838, 1839, 1840, was obtained by dividing the deaths in
the three year by 166.
General Register-office, Jan. 14, 1841.

CONVICTIONS FOR TIIE MURDER AT THE
Casa.—The Circuit Court of Beaufort, Cape of Good
Hope, was occupied on the 14th September last, with the
trial of Jan Lodewyk du Preez and Arnoldus, for the
murder of Marie Darics, and Jacob Jacobus Johannes
Diederiks for being accessory before the fact. It appeared
from the evidence, which was taken at considerable
length, that the prisoner, Du Prey!, in company with
Arnoldus, had deliberately fired at the deceased with a
gun, and that the ball had passed through the head, wind-
pipe, and ribs, inflicting mortal wounds on those and other
parts of her body. The prisoner Diederiks was charged
with being accessory to the crime, by inciting the other
prisoners to its commission, as it appeared, for the sake of
being revenged upon Andries Daries, the father of the
poor girl, Diederiks, having some short time previously?
been cast in damages for an assault upon him. The evi-
dence was, in this respect, however, defective, and the
Jury found the two principals guilty, but acquitted Diode-
riks. Immediately upon the verdict being returned, the
Judge sentenced Du Preez and Arnoldus to be hanged by
the neck until they were dead. Du Preez had at first
pleaded guilty, but was, by the Court, recommended to re-
tract this plea, and take the benefit of a trial in the regu-
lar course. The culprit Du Preez was only fifteen years
of age, and was believed to have been an instrument in
hands morally more guilty than himself.
MR. VINCENT STANTON, PRISONER IN
CIIINA..—Mr. Thomas Stanton, the brother of this gentle-
men, gives the following account of him :—lt is now about
three years since, while he was a student of St John's Col-
lege, Cambridge, that his attention was first directed to the
benighted condition, of the millions of China. His more
immediate friends felt their duty to repress, at any rate for
a time, the missionary flame which burnt so bright within
him. But it was all in vain. He soon offered his ser-
vices to the Church Missionary Society, but not being in
a condition to extend their operations in that quarter of
the globe, his services were •bligingly declined. At
that critical moment he was offered the charge of two
sons of the late Mr. IL Turner, a British merchant at
Canton ; and feeling as I know he did, that it was an evi-
dent call from God, he accepted the offer, and accompa-
nied his pupils to China. Soon after his arrival there,
Mr. Turner died, and it was his mournful duty to read
the burial service over his remains. This rnelanchel)
event led to the return of his pupils, But, unwilling to
be diverted from his missionary work, my brother re-
mained behind, where since then he has been with single-
ness of heart devoting his little property to the further-
ance of his heavenly Master's work.
Her Majesty will, we learn, open the approach-
ing sessiJn of Parliament in person.

SPIRIT of the PUBLIC JOURNALS.

(FROM THE DAILY PAPERS OF SATURDAY.)
(From the illornihg Chronicle.)
Tile 'tranquillity of Canada continues uninterrupted,
and the latest intelligence adds nothing to our previous
descriptions of the satilactory progress of things towards
good government under the United Legislature. It is

satisfactory to know that emigration to the Canadas has
begun to revive. The number of em'grants arrived at
Quebec in the year 1839, was 7,439 ; being more than
t vice the number in the previous year ; and the emi-
gration of 1840, the returns for which are not yet re-
ceived, presents also, as we understand, a considerable
increase. The Governor-General is fully alive to the
importance of promoting the settlement of the country
by means of a good system of the disposal of the public
lands. In Lower Canada grants and sales by auction
have been discontinued, and waste land is now sold at

the uniform price of six shillings per acre ; a price per-
bans as high as could well have been fixed, with-
out incurring the hazard of driving the settlers into the
United States, Lord Sydenhain has reported to the
Home Government his conviction of the propriety of
adopting, as soon as practicable, the valuable sugges-
tions for coloniz ition contained in Lord Durham's Re-
port (Appendix B). A material feature, lice.vever, in
the plan proposed in that Report, is one Which cannot
he carried into effect without legislative aid, viz., the
imposition of a tax on all uncleared lands. It is true
that the right of the Crown to the disposal of the pub-
lic lands has been reserved by the Act of Union, but
this right does not of course enable the Crown to im-
pose a general land-tax, nor has the Crown by any
means the power of raising an aesluate emigration fund,
without the co-operation of the Legislature. Lord J.
Russell has therefore intimated his wish that the whole

subject should be brought before the united Legis-
lature of Canada,•with a view to a permanent plan for
the encouragement of immigration, and the Governor-
General will accordingly *bring it forward at an
.early
period. That some comprehensive measure of the kind
will be adopted there can be little doubt. Indeed, pre-
vious to the Act of Union, the Assembly of Upper
Canada had addressed the Crown, declaring their res-

diness to concur in the appropriation of the land sales
in that province to purposes of colonisation. Lord
Sydenham has already done so much for the peace
of Canada, and has introduced so many important
practical reforms by his system of registration, and
the establishment of municipal institutions, that he
need not fear charges of inactivity, or of having
retarded measures of public improvement. He may
well afford to be indifferent to the censures of those

who accuse of remissness one of the most diligent

Governors that ever exercised the Royal authority:He
need not fear the idle tales reported to his disparage-
ment in the Colonial Gazette, which as the Gazette

itself disbelieves (though it does not scruple to give
them circulation), we may well receive with utter in-
credulity. Nothing is easier than to impute ground-
less enmities and private piqnes to public men, who
are not in a situation to reply to such accusations, or
indeed to enter into controversy at all with the public
press. If the Colonial Gazette really thinks it probable
that Lord Sydenham would go out of his way to injure
any persons in this country, on the grounds insinuated,
why does it not state plainly who are the parties ag-
grieved, and what is the grievance ?
( From the Morning Advertiser.)
Fortunately the triumphant success which has crowned
our policy and arms abroad, affords to the Imperial
Legislature ample opportunity and scope for concen-
trating its attention upon the consideration of those
causes which have produced so much dangerous dis-
content and agitation at home. If the most virulent
of the opponents of our foreign administration be not
lost to all sense of self-respect and decency, they will
remain prudently silent rather than provoke discussions
which must tend only to confirm the exalted and proud
opinion which the nation entertains at least towards
that department of its Goverment, and to cover with
shame—if they be sensible of such sensation—and con-
fusion, in which they make themselves worse confounded,
those who so insensately and inveterately opposed and
denounced a course of action which they had neither the
foresight to comprehend nor the capacity to execute. Vic-
tory rests upon or hovers over our banners is all parts of
the world—from east to west—from north to south—from
China to Canada—from St. Petersburg to Alexandria—
in Constantinople, Syria, and Central Asia, exist the glo-
rious records of the judicious, vigorous, and effective
manner in which our foreign and colonial policy has
been recently directed. Years of Tory misrule, rapa-
city, and imbecility, have received a most salutary cor-
rective in the sound, straightforward, and unswerving
guidance which presided over British diplomacy in that
glorious era of its annals-1840. Now let us look at
home. The prospect is by no means so cheering. On
the contrary, it is beset with perils, stratagems, and
treasons, which must strike the stoutest statesman with
apprehension. We have the peril of insurrection in our
provinces and rural districts—we have Tory stratagems,
corm ptions,:and frauds, which make that peril more immi-
nent—we have treason in the very camp where we might
expect friends—we have Chartists enforcing, or attempt-
ing to enforce, abstract but irrapplicable-rights by physi-
cal force—we have Liberal statesmen withholding
those rights to which even a tyrant expediency can
give no effective denial—and, finally, we have eight mil-
lions of the Irish people vociferating for that right upon
which no abstract principle of justice can put a nega-
tive—the right of self-government, or rather local legis-
lation—for it it is not sql-gorcrnment, but local legis-
lation which Mr. O'Connell proposes by a Repeal
of the Union." The representative principle may be
as effectively asserted in England as in Ireland. It
is a matter of contemptible indifference, whether
the representatives of Ireland assemble in College-
green or St. Stephen's ; if it represent faithfully the
people whom it is supposed to represent, it may as-
semble in Kamtschatka or the Torrid Zone, and the
laws which it promulgates will prove equally bene-
ficial to the country with whose affairs it is en-
trusted. Absenteeism is, no doubt, an evil, and Ire-
land in its depressed state grievously suffers by it ;
but had Ireland a fair representation—not in the pre-
sent Parliament, but in a Parliament fairly repre-
senting the people of Great Britain—she might regard
her absentees as so many useless outcasts. It is not
they who draw away the rents of Ireland that should
be regarded as the basis of its wealth or prosperity ;
but they who labour for the production of that rent.
What care the industrial classes where their Parliament
assemble, if they have even anything like a fair field of
exertion, and a fair mart for their labour and its pro-
duce. " A full and fair representation of the British
people," and not a " Repeal of the Union with
England," should be the watchword of Mr. O'Connell.
It is just and judicious laws, and not a local habita-
tion for its law-makers, that is essential to the well-
being of a country. The Repeal of the Union, as it
has yet appeared before the country, is sheer farce
or pantomime, of which Mr. O'Connell is the over-
grown harlequin. He strikes his magic wand on one
side, and up starts " Repeal ;" on the other, and " Pre-
cursor" occupies its place ; then "Repeal" again, and
so on to the end of Government patronage ; and
then Ireland will awake, after dozing over the per-
formance, and ask—" What is it it has gained by the
exhibition ?" What must in such case be the reply ?
Mr. O'Connell gained Catholic Emancipation and im-
mortalized himself, and for the rest of his life, despair-
ing of effecting anything greater, he trafficked with his
fame, deluded his countrymen with false expectations,
and forfeited one of the most glorious occasions that
ever offered to any man of regenerating and elevating
an empire. Such will be Mr. O'Connell's history, un-
less he change his policy.
" A single step into the right bath made
This man the Washington of worlds betrayed :
A single step into the left has given
His name a by-word to the winds of heaven."

The opportunity is yet open to him of effecting ob-
jects greater than any he has yet accomplished. We
trust be will avail himself of it. And in reference to
the approaching Session of Parliament we trust all par-
ties will prove worthy of and adequate to the responsi-
bility of their position. The country will be no longer
deluded by pretences.
(From the Globe.)
We yesterday devoted some space to an illustration
of the " public services" of Lord Strangford, for which
we were indebted to the columns of the Times ;
and which we put forth to exemplify the worth of the
recommendation which the same Journal furnished to
the son, founded on the eminent public services of the
father, in order to aid him in his attempt to enter Par-
liament as Member for Canterbury. We will to-dav
employ a brief space on the other candidate, for whose
success the Times, in the same article, evinces a deep
interest. Mr. Gladstone, the Tory candidate for Wal-
sall, is thus introduced and strongly recommended :
" The name of Gladstone is identified with almost every
quality which can adorn the man or the statesman; and it
also furnishes an unexceptionable guarantee for a perfect ac-
quaintance with those commercial interests upon which
the prosperity of such a constituency as that of ‘Valsall
depends. Mr. Gladstone's personal qualifications, there-
fore, would have led us to take a deep interest in his sue.
testa, whoever might have been his opponent.
We think that this is carrying relationship a little too
far. For, although the Member for Newark may have
"almost every quality which can adorn the man or
the statesman," one family seldom produces two such
prodigies ; nor do we see any reason for supposing that
the commercial interests of Walsall are better under-
stood at Liverpool than at Manchester. There are
some points on which the name of Gladstone would cer-
tainly carry more weight than that of
trade, Smith. For in-
stance : the number of bows a priestsltouldmakeec.atitrly
the
altar, and the precise shape of a deacon's hood. Did
the electors of Walsallorreqtuiliere a Member peculiarly
versed • the name
recommendation a
scheme
rs
for the supplyst
ofeGeida di
ns t °t.
nhee"wouldmyer e
s be a
of pure water, it w would andbe
o
irre-
sistible! But we believe the electors. of Walsall look
upon cheap bread as more important than dear sugar ;
and that,no leaningthough
tforiwenardsdly to the Church, they
have
P also
look forward to the result ofu s ePtihsien. contestNe
V with
considerable hope, partly from the favourable reports
we have received, and still more from the anger
01 tho Tim; at the activity of the Anti-Corn-law

M gt - .
ORNING EDITI‘ • -
„, , 44
League.—,' It roay be 4 tlin.Ooil tit rgit:c.+4ole,lll., --,
to consider, whether individuals sha 7.py*6-t-ttl*:: 3.
~...
combine in an organized society fo/i- .O.rM ": 7.!.. "'' )
fluencing elections in so shameless 4 iix, 0P,V74.' :.
a manner as this." Tile leaguers cat -4 ), 0-131 ii 6441: 7
only. They are combined for the 4111 , ci)1j115?_1;:s' ..
cheep bre::d I All their influences rtase-"
direct. They have no power, by doing wt&E •
with their own, to turn those who vote against their eXt-
didate out of doors. This makes their influence, in the
eyes of the Times, " shameless and unconstitutional,"
in contradistinction from the constitutional and modest
practices at Newark and Carlow.
(From the Standard.)
The Conservatives of North Leicestershire held
their annual festival at Ashby-de-la-Zouch on Thurs-
day. Many excellent speeches were delivered upon
the occasion, which our readers will find in the report,
borrowed from the Times, in our first page. Among
these speeches that of Mr. Gough will be found to
hold a distinguished place : and one passage of it bears
so directly upon considerations that have lately eng,,,%ed
our attention, that we cannot forego the pleasure ,If
quoting it :
" lie was not the advocate of a blind anti slavish homage
to party or persons ; much less did he admire the servile
worshippers of every political rising sun. lie cared not
whether Sir Robert Peel or Lord Melbourne were Prime

Minister, provided the Noble 1,-rd did not promote and
support measures which he believed not only danger-is
but fatal to the best interests of the country. His unal-
terable conviction was, that a Protestant Monarchy and a
Whig Government could not amalgamate or lung co-exist.
_-(Cheers.) lie considered modern Whiggery to be a
compound of absolute tyranny, democracy, and Popery,
alike fatal to a Protestant Monarchy and the welfare and
happiness of a Protestant community.—( Cheers. )';
This expresses faithfully and eloquently the sense of
the great body of the Conservatives of England. They
hate and dread the present Government, as threat cr.-
ing danger to the Monarchy and to the Protestant in-
terest ; but they are indifferent to a change, until they
have an assurance that the succeeding Government )c
ill
be more firmly devoted to the preservation of thos,, ob-
jects of their care. The present state of parties in
Parliament is this. We have, on one side, a Ministry
feebly supported, and willing to do anything or to sub-
mit to' anything, for the sake of retaining their offices
—perhaps naturally disposed to evil, but restrained from
the indulgence of their natural bad disposition by a
powerful Conservative opposition—eve have, on the
other side, that opposition, the great body of it animated
by the hest spirit, and the whole acting admirably
as an opposition, and effectually, controlling the ill
tendencies of the Government, and the worse designs
of the Government supporters. This surely is not
an unsatisfactory position of affairs to men wl:o look
for nothing beyond the safety of the Constitution
in Church and State, displeasing us it may be to the
hunters after office. Let us see, on the other timid,
what a change might bring. It might load to a
compromising, under the name of a Conserva-
tive Government, to a Government possessed with
the feeling of Lord Ellenhorough, who would rather
sacrifice the Protestant Church, or the Reformation

itself, than encounter another " Catholic question ;" to
a Government, in short, which has but one tactic in the
face of an opponent—retreat or surrender. Would the
prospects of those who, with Mr. Gough, bestow their
first care on " the safety of a Protestant Monarchy and
the welfare of a Protestant community," be improved
by such a change ? We say that they would be made
a great deal WOrEr.%

MONEY MARKET and crrY NEWS

-

(11i1DAY EVLNING.)
TIMES.—In another place will be found the offi-
cial publication respecting the position and operations
of the Bank of France as plblished in a late number
of the Moniteui. It is divided into four separate arti-
cles under the following heads .-
1. Balance-sheet of the Bank of France, and the
actual state of its affairs on the 30th ult.

2. Average position of the Bank during the last three
months.

3. Operations realized during the last three month.
4. Result of the operations of the Bank daring the
Last six months.

From the first articlo, which contains the actual po-
sition of the Bank, it appears that on the 30th ult. the
specie in the BAnk amounted to 233,233,751 V., the bills
discounted to 1.55,876,120 f. ; the loans on bullion and
coin to 23,780,100 t. ; and the advances on public se-
curities to 8,380,621 f.

On the other side of the account it appears that the
notes in circulation amounted to 241,662,0101. The
balance due to the Treasury upon account current
(deposit account), to 106,106,623 f., and the balance
due upon sundry private accounts current (deposit ac-
counts), to 70,724 0431.
It appears, therefore, that the specie in the Bank is
only 5,438,2581. s'.;ort of the amount of the notes in
circulation.

The following are compfativc results. By comparing
the present return under this first head with the return
under the same head of the ZlOth of September last,
there is a decrease in the actual amount of specie
of 22,202,3351., a decrease in the amount of bills
under discount of 1,624,828 f., a decrease in the loans
on bullion of 4,856,1001., a decrease is the loans on
public securities of 736,795 f., an increase in the circu-
lation of 14,384,0101., a decrease in the deposits of the
Treasury of 9 231,8441., and a decrease in the private
deposits of 6,661,913 f.

this, as regards the first bead of the return. From
what is stated under the second head, which regards
the average position of thu Bank during the preceding
three months, it appears, among other things, that
The average amount of specie in the coffers of
the Bank during the preceding three months was
234,271,0001. ; and therefore, by comparing this with
the first head, it appears that the actual amount of
specie on the 30th ult. is short of the average of the
three months in 1,047,248 f.

It then appears that the average amount of bills dis-
counted during the preceding three months was
145,831,500 f., which is 10,044,6101. less than the
amount actually under discount on the 30th of De-
cember.

On the other side of the account it appears that the
average of the notes in circulation during the preceding
three months was 234,859,000 f., which is 6,803,0101.
less than the actual amount of the circulation on the
30th of December.

It further appears that the average balance duo to the
Treasury on account current (deposits of the Govern-
ment), during the three months was 115,784 500''„
which exceeds by 9,677,877!. the actual amount of the
Government deposits on the 80th of December.

And, finally, it appears that the average amount of
private deposits during the three months was
77,689,5001., which exceeds by 6,965,457 f. the actual
amount of the Government deposits on the :30th of De-
cember.

The third head contains a summary of tue act►,a. ope-
rations of the Bank during the preceding three months.
and from this it appears :

1. That the operations relating to
discounts, loans on bullion, and
advances on public securities, Francs.
amount to
.2. That the movement of the
private deposit account amounted

to 2,543,023 ,600
And the movement of the Govern-
ment deposits
And from the other side of the account, which re-
lates to the general movement of the offices, it appears—
That the receipts in specie amounted Francs.
to 100,735,300
In notes to
That the payments in specie amounted
to 120,696,900
ln notes to
And that the liquidations by means of
transfers from one account to an-
other amounted to 1,742,897,700
From this we may perceive the amazing activity of

the deposits.
theT
Bank, and which appear to
willa clear
can referred
expl
explicit,
t, at
at time
e yevidently
nervations, Bbea nfokrdteuhxr during head, which
esht
fur sixrealsa treesg months,at
ro d.
sthteehael7sPe forrpatt nns operations
ss boo.:
nd
ittevenaiannwaugne
all engaged in the study of banking
peculiar
affairs. 'Theynothing. This is the sort of return which
conceal amounted to
should have been required from the Bank of England
These.docustaerbneyts
on the renewal of the charter, which would have been
n4f7121:.5e16f.
infinitely more useful than those periodical averages,
which serve rather to mystify than to enlighten the
public.
It is observed by the leading brokers in the Stock.
Ev_diange, that the disposition of the public to in-
vest money in foreign securities has greatly dimi-
nished, if it has not altogether ceased. Hence, as
all the money for investment is brought to the Eng-
lish market, and even French stock is sold out for
that purpose, a new demand for stock, especially
Consols, has been created, which gives the parti-
cular feature to the settling of this day, as in
some quarters a slight difficulty has been found in
procuring stock, while money is so little in request that.
it is very hard to lend it to any advantage in the Stock
Exchange. Altogether the fluctuations in the market
during this account have been above the usual average
(the lowest quotation being 87-1-, and the highest 89i) ;
and, although the business transacted has been of some
extent, it is remarked that the public has taken little
interest and dealt very sparingly during it. 'lie prin-
cipal operations have been between the regular jobbers,
who sold freely at low prices in the early part of the
account, anticipating that the fundholders, alarmed by
the threatening aspect of external politics end the ap-
prehension of foreign loans, would be induced to part
with their stock, and enable the dealers to repurchase
at lower prices than those at which they had sold. In
this, however, they seem to have been disappointed.
The public never exhibited such alarm as to sell
largely, but, on the contrary, appeared as buyers at
the low quotations, and the jobbers arc generally sup-

MORN ING EDITION.

posed to have been losers by their transactions. The
report prevalent in Paris, that the Sultan had agr::::1
to the seeming to Mehemet Ali the hereditary Paellalie
of Egypt, favourably influenced prices.

HERALD.—The advance in Consols toelay tray
be considered as perhaps a more important indication
of improvement in money affairs than taken by the
mere event might be imagined. For the fact is, that
large deliveries of stock took place on the part of those
wbo had subscribed for corresponding amounts of
Triuity Bonds, or the Trinity Loan, on which p
merits had to be made. The advance in value of stock
securities in the face of sales for realization and invest-
ment elsewhere is a proof of the abundance of unem-
ployed capital. It may he noticed besides as a singu-
larity that money, which has been so extremely easy for
sevtral days past, has actually become rather tight
notwithstanding the plethora generally produced by the
payment of dividends. The contradictions apparently
involved by such conflicting circumstances are, how..
ever, susceptible of explanation, although, generally
speaking, nothing more is pretended under this head
than an accumulation of facts for the information and
digestion of the reader. For, it will be recollected,
on closing the books for transfers, preparatory to
m iking then, up for the payment of dividends, the
usual Bank notice was issued for making advances on
the deposit of bills of exchange and other securities.
Without pretending to anything like a precise estimate,
. may be mentioned, as the understanding among those
eseaversant with such matters, that the advances made
under that head, repayable on or before the lBth cur-
tent, amount to something like 4,000,0001. Now
those brokers or merchants who have availed themselves
of the facility thus granted by the Bank do not wait,
except by necessity, to the last day, but so soon as they
are themselves in receipt of the needful, or are able to
raise it, they are careful to make the earliest repayment
possible to the Bank and retire their securities. They
}lave the so much stronger inducement to this punctu-
a;;,v or anticipation of their debits, inasmuch as their
luture credit with the Bank is dependent on the fact.
So it is, is consequence, that a large portion of the ad-
vances so made by the Blink have been already re-
&eine& and the more readily as the Money Market, in
the way of diecount, has been so easy of late. In this
•muncr, therefore, it happens that a part of the over-
6t. money consequent on the payment of dividends
Inas been abs74ed, and that money, in despite of the
saaturel aeticipation from that overflow, has actually
become aiwsstt as scarce and as dear as before.
The argument of Lbc tending to excite the
liaok to increase issues upon the strength of certain
speculations of improving trade, was noticed and re-
yesterday, although not at the length or so
forett..',
yus :7stti_tioteable, The truth is that the Bank,
:as the legalised regulator Of the currency to a certain
extent, hue tar ought to havd, no concern with prices
ter trade. The circulation, if it is to represent money,
sl:ou:d have a certain fixity, for prices high or low, or
trade prosperous or adverse. If hank notes are to be
a standard equal to gold, the quantity should be, like
,;(1 determinable, and no more variable than whet
fee eeine supply should effect. The Times is extremely
incough.rent with itself, in reality, in advancing a pro-
!position
• et because trade is improving the Batik
should increitao- its issues, for its argument has always
been th At the itarl-, for the sake: of divi:lends, has
'Always been inclined it, t7yer-issues, and that it shou!'.l
its paper .irculat'ms t)y
,q,,,;re
in hand. The truth is that the ....hank should not look tee
pries or to the condition of trade as an absolute
rule
,v ell In loft first place the issue or amount of paper
steinev should be ;on-elate under all circumstances, ma-
tes. whtn reduced or etrqslitied by the infloiving er out-
poorine of gold, that is, !lee regulator should be the
on
foreign exchanges, and the ret,'''cci" or amplific t
:ootemporaneous with and conting:' the stool:
stool:sl bullion in hand. This results na,"'"°7-.,,,
the pisitiou, financially as commercially, t. "
country. For it is very easy to make laws de-
claring hi.iik of England paper legal tender, and in-
vesting other bank paper more indirectly with the
same privilege, but however stringent may be these
laws here they are entirely inoperative in all other
countries with which exchanges have to be made, and
gala ch exchanges of values have to be determined and
measured by the common law of conventional agree-
in tat about the money standard. There must be
fixed principles about paper money, if it is to represent
value, as there is about gold and silver, whose value is
contingent on quantity and production. The only basis
for paper 'Loney is the amount of gold which is its
and the criterion of the comparative value
of gold is the product of the gold mines above or be-
lo.v the waste or luxury of the country. Mr. Gilbert,
in his essay on Banking and the Currency, in the
Weeltininster Review, sticks to the unlucky theory of
the advantage of paper money in the sense of its easy
contraction and expansion, according to circumstances
or bank interests. The city editor of the chronicle
'peculates in the sense that the Bank should " force"
up ur force down prices, as a principle of action. Ex-
pansion or contraction of currency, however, dependent
ou individual or corporate will, is about as mischlevous
as the idea of a bank charged with the management of
the circul ition, regulating its issues with a view to force
sip or force down prices is eminently absurd and would
ba most disorganising.

CH RON ICLE.—The favourable turn in the Fo-
reign Exchanges manifested in the early part of the
week has, on the whole, been maintained to-day, and
expectations are entertained that a considerable im-
portation of the precious metals will be received from
ilamburgh when the navigation is re•opened. It is
further anticipated that our export trade will evince
unusual animation this year, causing a material increase
in the revenue. These anticipations have led to the
belief that the Chancellor of the Exchequer may be
enabled to dispense with a loan, and that the Bank
of England will relax their stringent action on the
,currency. The sales of the Saving Bank money,
,which we have noticed lately, are said to have
been made on account of the Chancellor of
the Exchequer, and it is probable that he
may, from time to time, supply his wants from that
source, until he sees how the important negotiations
with the Chinese empire are likely to terminate. These
favourable circumstances have been much looked to,
and have induced a strong impression in favour of spe-
.culatians for the rise. They arc no doubt flattering,
.and by no means unlikely to be realized ; but until
the bullion in the Bank is more than 5,000.0001., instead
of 3,311,0001., we do not see that the Directors could,
with propriety or safety, encourage an advance in
prices by an expansion of the currency. We must not
shut our eyes to the fact that various foreign states are
watching our Money Market narrowly, ready to come
forward with proposals for new loans so soon as they
tint a suitable opportunity.
A private letter from China has been received by an
eminent house connected with the Canton trade, of the
15th October, being several days later than any other
despatches brought by the last overland mail. Thi,
communication confirms the intelligence that CommiJ-
sinners had been appointed by the Chinesa Govern-
ment to proceed to Canton, in order to enter into acgo-
uations with Captain Elliot for an amicable adjustment
ad the difTerehces with Great Britain. _ .

This was settling day in the Consol Market, but
although the extreme fluctuations have amouoted to
about 3 per cent. during the Account, it was by no
means a heavy settlement. The continuation to-day
,fell-otf to a-lochs to 4 per cent. for the February Ac-
s.!oulit, showing_ pretty clearly that the jobbers were
'sßears of stock.
Supposing that a clause in the Act of renewal of the
Charter of the Bank of England, binding the Directors
to manage the national currency on fixed principles
would be effectual ; that there would be no departures
From it on account of extraordinary circumstances ; and
that uo bills of indemnity on account of extraordinary
aid to commerce under pressures would be sought for
from Parliament, we ask the people of this country,
Aiould such an arrangement be approved of by their re-
Pietatives in Parliament? Would it be conducive
to the n prosperity of
the trade, and commerce of this
f e
country that the Bank of England should retain i:s
privileges as the national bank of issue ? or should
e
those privileges be enlarged by. making it the sal bank
sil issue ? If the first question be answered in the
ale 4 dive, it solves the second ; therefore we shall con-
fine our observations to the first ; and we say that the
functions of the Bank of England, as a bank of national
issue, ought not to be continued, because they would
more prudently and beneficially exercised by
ufficers under delegation from the Crown, subject to
the supervision and control of the people through Par-
liament. Why should the country or the Crown abdi-
.cate the sovereign right of furnishing the coin of the
realist to individuals, and allow those individuals a
profit upon the paper money which they put into cir-
culation ? It is giving encouragement to the absurd
principle of allowing those individuals to create capital
at their pleasure, to increase or diminish it as they may
tieetu expedient, and, by merely fixing the proportion
which their paper shall bear to their bullion, we should
only put a limit to their power of mischief ; we should
not eradicate it ; it is a false principle of action alto-
lather, hat of allowing individuals to issue paper
MiolleV. The coin of the country is made at the Mint.
',rho bank of England must send their bullion there to
be coined, and the Mint should be the place from which
all the money of the realm, whether gold or paper, pay.
able in gold, should take it. origin. Reduce, the„, the
allowance to the Bank of England for plying the di-
vidends within moderate terms ; pay off the debt due
to the Bank by the Government ; constitute an
elti
.cient Crown board of issue, and the whole business of
coining and issuing money might be consolidated, and
better and more economically managed, under the di-
rection and eyes of Parliament and the public. It may.,
perhaps, sound rather unpleasant to cars polite to men-
tion such a work as the " Black Book." We never-
theless, take the following extract from its pages. The
author, alluding to the benefits expected from a reformed
Parliament, says—" A national currency would be Is-
sued under the control of the Legislature. Private
,individuals, who offer no security to the public, would
um longer be permitted to issue bits of paper as repre-
_oAntatives of real property. Fluctuation in the cur-

rency would be guarded against, and the value of
money rendered secure and uniform. But this is not
all: an immense saving would accrue to the commu-
nity. We have seen the bankers gain three millions
annually by the issue of their notes. The same clearly
belongs to the State rather than individuals. If a
paper currency be unavoidable, let the public have
the benefit of it." There is much strong sense in
these remarks, and they point clearly to the true quar-
ter—the additional security and uniformity which
would be obtained by a national currency, issued under
Parliamentary control ; we should no longer be alarmed
with mysterious accounts of runs for gold upon this
hank or that bank ; panics from such causes would
cease ; the country banks would have no issues except
the legal money of the realm, and if they should over-
trade, or enter upon speculative transactions which
caused them to declare insolvency, there would be no
ruined holders of their notes to swell the list of bank-
ruptcies. Every banking company of the country would
issue the Queen's coin, or the Queen's note, the repre-
sentative of, and convertible into, coin, and no other ;
the country would enjoy additional security ; commercial
enterprise would bo entered into with increased confi-
dence ; and trade would be more prosperous and safe ;
we should no longer be racking our brains in vain con-
jectures as to the policy of the Bank parlour ; that se-
cret and really irresponsible tribunal would no longer
exercise capricious control over the property of their
fellow-countrymen ; everything connected with the ma-
nagement of the currency would be open and above-
board ; and the proceedings of commercial men would
have fair play.

POST.—The Hampshire Banking Company, a joint
stock bank, having its head office at Southampton, is,
we understand, on the point of coming to an arrange
rnent, if, indeed, it has not done so already, with the
Bank of England for the withdrawal of its own notes,
and the substitution of those of the latter establishment.
The precise conditions under which this arrangement
takes place need not be stated. The present case of
junction, or coalition, between the Bank of England and
a joint-stock company is worthy of some attention, as it
appears to be the first in which a bank in an exclusively
agricultural district has been concerned.
This was account day in the English stock market.
It proved a decidedly hear account, and the differences
of the speculators and jobbers being disposed of, all of
them satisfactorily as far as we can learn, the quotations
improved materially. Money was found to be suffi-
ciently easy for all purposes connected with the opera-
tions of the market, though in Lombard-street it cannot,
in the existing state of affairs, be over plentiful.
The intelligence received in the course of the day
from Madrid, respecting the good intentions of Senor
Gamboa, looks flattering, more particularly for the
holders of the indemnity bonds, but nothing was done
in those securities that we are aware of, and the decline
which occurred in the Actives, in the face of his Ex-
cellency's promises, seems to indicate but too plainly
that no great faith is placed in them. The knowledge
that Senor Gamboa has the well-known trickster, Men-
dizabel, at his elbow, the author of the dishonoured
Treasury hills, and issuer of spurious securities during
a suspension of payment of the dividends, is certainly
more than enough to explain the excessive distate that
has been created for Spanish securities, whatever their
denomination. .

Tho correctness of the announcement made by the
managers of the telegraph at Brest, with respect to
the settlement of the Buenos Ayres question, being
confirmed by the French Government, a hope is ex-
pressed by the holders of Buenos Ayres stock that the
respectable house of Baring, Brothels, and Co., as the
contractors of the loan, will lose no time in pressing
their long-neglected claims upon the attention of the
Government of the Republic. The aggregate of these
claims, independently of the interest due upon them is,
as iN the case of Chili, less than a million sterling, and,
considering that the dividends on the home debt have
always been Wended to—always punctually paid—as
''..c641110 due, as, again, in the case of the Chilians,
they ‘, ._he
add, in that of our own Consols also,
and, we be the fact, on the authority of
for such is stated
Sir Wathen Parish, our late Consul in the Republic,
we do think the claims in question are entitled to the
immediate attention both of lklessic,, Baring, Brothers,
and Co., and of the President, General ii i;4s,
It is a grievous hardship upon men who have ach
vanced their moneys, perhaps, in many Poem their-all,
upon the faith of a Government, and the first commer-
cial house in Europe, that they should have been kept
out of their revenue, arising from the interest accruing
triton such advances, for the period of thifteen years ;
but, on the other hand, it must be consoling to them
to know that, amidst all his difficulties with the French,
General Rosas has not entirely lost sight of these nil=
tional obligations. In one of his recent manifestoes, or
State documents, the English debt is referred to in the
following terms :
Notwithstanding the embarrassments of the public
Treasury, arising from so great a complication of diffi-
culties, the claims upon the loan negotiated in England
are not forgotten by the Government. No opportunity of
placingponed theseupol the most
whicheciu equitable
bhl
ea have been
footing ee n
thatua v: irdcayubmi
i stances
at all admit of, will be lost."
W,th this assurance, as well as the examples of Chili
and Mexico before them, Messrs. Baring, Brothers, and
Co., may, we should hope, call upon the Argentine
Administration, in behalf of their unfortunate clients,
with a very great chacce of success, especially as the
claims are so limited, and they are sure of being effec-
tually backed by Mr. Robinson and the committee of
Spanish-American bondholders.
\Ve may be permitted to intimate that a very small
appropriation of Custom-house receipts, as made by the
Mexican Government, would be adequate to the dis-
charge of the interest on the original claim, the ar-
rears being left to be disposed of upon some fair and
easy principle of adjustment.

UNSOUND ANNUITY AND ASSU-

RANCE COMPANIES.
(From the Scots Times of Wednesday.)
Extract from a letter dated London, Jan. 7, 1841,
received by a gentleman in Edinburgh :
" Tbe Independent and West Middlesex Annuity
Company, have stopped, and the Acting Managers are
off. It is said upwards of 200,0001. has been invested
with them.

"I do not say stopped on report. I was in their
office in Baker-street to-day, and I was told the above
by the clerks."
We understand that a meeting of parties in this
quarter who have sunk money on annuities with the
above concern, is to be held in Glasgow to-day.—Glas-
gow /lrgus ,f yesterday.
By a letter from one of our London agents we learn
that the " Independent West Middlesex Assurance
Society" suddenly suspended business on Tuesday last.
Our agent expresses great alarm as to loss on the part
of those who placed confidence in this Society.—Leeds
Intelligencer.
[ln reference to the above, we learn that a meeting of
the annuitants in Glasgow, of whom there about a
dozen, was held yesterday in the Black Bull ; that Mr.
Livingstone, late agent of the Company here, appeared,
and wished authority to employ an accountant for them in
London, which was declined, and the meeting adjourned
without any farther proceedings being gone into. There
are, we understand, about 350 annuitants altogether,
and the Company, it is said, have lifted upwards of
98,000/. of annuities. Comparatively a small sum of
this is out of Scotland.]