The Sun.
London, England, 1841-08-11 00:00:00

SECOND EDITION

THE FUNDS-(CLOSING PRICES.)
BRITISH FUNDS.
Bank Stock ... 1674 \ India 5t0ck...... .•
3 per Cent Red 9Ol Ditto Bonds
3 per Cent Cons B9i Ditto Old Annuities ... 88
34 per Cent Red 9Bl Ditto New Annuities...
New 34 per Cent 965 Ex. Bills, 1,000/....2id 14 pm
New 5 per Cent Ditto 5001 l4pm
Long Annuities toexpire Ditto Small l4 pm
Jan. 1860 .. 12 15-16 Bank Stock for Acct...
Oct. 1859 ,lndia Stock for 0pg....
Jan. 1860. Consols for Acct 894
FOREIGN FUNDS.
tustrian, 5 per cent ... Portuguese, 5 per cent. 37
Belgian, 5 per cent Ditto, New Ditto
Brazilian 80nd5.......... , Prussian, 5 per cent.
Buenos Ayres, 6 per cent Russian, 5 per cent
Chilian, b per cent...... Ditto, Metallic
Colombian, 6 per cent... Spanish, 5 per cent 194
Ditto, 1824. — Ditto, Deferred ...
Danish, 3 per cent 79 French, 5 per cent. —f. —e.
Greek, 1825, 5 per cent — Exchange —f. —c.
Mexican, 5 per cent.... French, 3 per cent —f. —c
Ditto, 6 per cent, 1825. Dutch, 24 per cent. ... 52
Peruvian, 1825, 6 per ct. 134 Ditto, 5 per cent 1014
SHARES
Great Western Railway (65 paid) ..... ..-.. 82
Ditto New Shares (50 paid 56
Ditto Fifth (4 paid)
London and Brighton (50 paid)... 4211
London and Blackwall Railway (25 paid) l5
London and Birmingham Railway (90 pd)
Ditto Quarter Shares ( 5 paid) .. 224
Ditto New Shares ( 2 paid)
London and South Western
Ditto Tenths (15 paid) .. li

SPIRIT of the PUBLIC JOURNALS

FROM THE EVENING PAPERS OF THIS DAY.
GLOBE.—The Times is terribly at a loss for a subject
of agitation. Without one, it cannot live and fulminate ;
and.all its old ones have become unavailable. The Poor-
law is flat, stale, and unprofitable ; and the attempt to
bully our humble selves by aid of Mr. Darby's amend-
ment appears to be abandoned as hopeless. By the way,
how is that the Times does not acknowledge the source
(in the wisdom of Darby) of its sudden inspirations
in favour of a Labour Test ? Is it that there is
too keen rivalry between wise Walter and wiser
Darby ; or is it that the latter gentleman's county con--
stituents have set themselves so notoriously against his
crotchets, that the mention of his name as their author
would only deprive them of whatever weight the Times
can afford their anonymous advoeacy ? Certain it is
that prophets have no honour in . their own country ;
as Berkshire and as SuSsex, can abundantly testify.
But, if not the Poor-laws, what on earth is the Times
to write about ? Protestantism and Popery, by parti-
cular desire, are postponed. There is Lord Ashley's
agitation in the factory districts. His Lordship is
trying to popularise his party amongst the work-people
by proposing measures to secure them—at this time,
of all others—against having too much•work, and against
employment being given to their wives and chil-
dren. Whether such V schemes flow from simple want
of reflection, or whether they are expressly aimed
at the object mentioned by Mr. Baptist Noel—at dimi-
nishing and drying up the sources of employment in
manufactures, as a malum in se—a nuisance to be abated
as far as possible—is scarce worth our inquiry. There is
a sort of philanthropists, who make it a merit to shut
their eyes against all practical views and consequences.
Prove to them that the consequences of their attempts
can be no other than to send children from day-
light in factories to darkness in coalpits—from the
lightest labour with the least hardship to far severer
and sqnallid toils—from subsistence (so far as Corn-
laws allow it) to risk of starvation—what is their an-
swer ? They have no answer, but renewed boasts
about their motives, their pure zeal, their excellent pur-
poses. They would cure all evils by act of Parliament.
It there were any use in suggesting unostentatious lines
of effort to philanthropists, we would venture to suggest
to them the previous inquiry whether Acts of Parliament
have always proved the best means of effecting their
objects, and whether it may not sometimes happen
that repealing restrictive laws is a better way of pro-
ceeding than enacting more ? However this may
be, the " Factory System" is a stale subject, as
well as the Poor-laws, and will not serve the
7'imes as a topic for renewing its thunders, unfor-
tunately suspended in consequence of the delicate
position of its party. The Times cannot make up its
mind what -to write about ; and fills up meanwhile
with mere stop-gaps about Mahornedanism and Hindoo
idolatry which, it seems, a Tory Government is to visit,
wherever our power extends, with heavy blows and
great discouragements, in order to prove its fidelity to
the Church. This sort of tame Puseyite twaddle will
sink the Thunderer altogether, if he cannot contrive to
substitute something a little more to men's " business
and bosoms." So he falls back to his old stratagem of
writing to himself, and exhorting himself to take a fresh
start on the Corn-laws, to the cenfusion of the "Liberal
papers," who (says the Times to itself) "want to keep all
liberality to themselves, and are dreadfully annoyed when
they see you at all interfering in their professed vocation.
They know full well, that should you adopt the course I
ventured to recommend, their occupation would be gone."
It is not at all improbable that, in spite of the
early information of the Post, and the so exceed-
ingly-early-as - to - be - for - ever - in-advance - of- the - fact
(which never happens) announcements .of the Herald,
the Times, if Sir Robert Peel takes his choice, as in this
instance he easily may, will become the Organ 'of the
Tory Ministry. We are strengthened in this opinion
by the altered tone of the Times' articles, which are
written in the spirit in which Sir Robert Peel .will
attempt to carry on the affairs of Government. Liberal
measures will be brought forward, but only in the out-
set; a sprat will be offered to catch a herring ; there will
be a revision of the Corn-laws, but even that will be
more nominal than real, and the pressure of monopoly
Will be slightly relaxed in one place merely that its
chains may be tightened in every other direction. That
this is to be the policy the Times is about to recommend,
and 1113 Tories are about to act upon, may be gleaned
from the letter of the Correspondent already alluded to.
It is throughout' a broad and somewhat sagacious
hint to the monopolists that it will be advisable
for them to sacrifice a tub, if the capture of a whale
will be the consequence of their doing so. " Settle
the Corn-law question," says Conservator, "and I do
not believe it would be possible to get up an agitation
on any other subject whatever." After such an avowal
as this, what confidence can the people have in the Tory
promises of redress for popular grievances ? The Corn-
laws are "to be settled"—we are not told how—" to pre-
vent agitation on any other subject ;" not for the welfare
of the people, but for the preservation of, the other
portions of the system which they complain against. If
the landlords are to be victimised a little for the purpose
of stopping the gap, it is not that Sir Robert Peel
" loves the Corn-laws less, but that he loves the general
interest of Toryism and monopoly more." He thinks by
amputating one of the feet of corruption, to save the
whole body ; but the operation will be vain—for with all
his surgical skill he cannot prevent, though he may
temporarily avert, the termination that is awaiting it.
COURIER.—We have, on occasions heretofore, shown
that the Radical origin of present' trading distress must
be sought in the past gigantic extravagances of that
over-banking, the prolific fruits of which were not long
over-ripening into the rank luxuriance of over-specu-
lating. Ministerial empirics indeed are ignorantly ready
with other causes, and with nostrums for cure more im-
pudent and ignorantly pretensions still. The Corn-laws
are advertised as the root of all evil, with assurance as
brazen as a medical quack once referred the real source
of all disease to a torpid liver, and the abolition of
Corn-laws is prescribed as the instant and infallible
specific for all ills, as absolutely, unconditionally, and
conscientiously, as in the case of the cunning dolt
of A Spanish valet in the Medico Supuesto, who
sapiently ordered the ancient damsel consulting him on
the loss of her lapdog, and the means of its recovery, the
pills." Pildaras pars en co-
one only invariable recipe for all 'els patients—" take my
lost lapdogs—has now ' -
Leroy perros—pills to find out
anti-Corn6-1 ' -
alVlsr- passed into a proverb in Spain, as
will here, by and bye, as the sure indi-
cation of t- -4
rifle s ssnavery and quackery on the one side and se-
Lolly on the other. We do not go so far with the
Manchester Guardiau as to challenge joint-stock bank-
ing excesses on the Whig-Radical Ministry, although
they were not slow to appropriate to themselves the ad-
ministrative honours of all that apparent flow of material
Prosperity consequent, the full swell of which blinded
the infatuated dupes of officials to the certain peril of the
banks
of triumph
being finally wasted and washed away by the
notincreasingwithexportsmis-
givingsvlr.eadily enough take for granted
Hey glitters. Whilst joint-stock
bank paper could be manufactured in any quantity, orpass
current for almost 7..ny
amount ; whilst bills with joint-
Stock Bank endorsements could be rediscounted in the'
London money market to any extent; when bank note
public
issues rather palled upon the
taste, and were re-
turned too promptly for payment in more solid metallic
values; whilst the prices of all commodities rose with the
abundance and the easiness of the money signs, and with
pm
• es profits prospered also, as all the world /, • Tains by a
rise of prices-7--why all went on swimmingly, and the
man who then should have raved against the Corn-laws
would have been denounced by Lords Melbourne and John
'Russell as a more incurable maniac than any equally
sensible body who should now come forward to anathe-
matise the non-enactment of the Appropaiation Clause
as the real source of all foreign
_tribulation and domestic
disaster. We are not sure indeed
had
dat the defunct Ap.
• propriation swindle may not havec - much more to do
Corn -laws even
• with present misfortunes than . ; and
we throw out the hint for the serious consideration of
our neighbour of the Chronicle, who was wont to pour
anent Appropriation, forth strains of indignant eloquence .
sh tranquillity,
and its appropriate connextcn with Irish
by hook er
prosperity, agriculture, and, ergo, Corn-laws
by crook.

STATE OF TRADE•
(From the Manchester Guardian.)
MANCHESTER. —There was some demand for yarn
yesterday for Russian account ; but the general absence
of inquiry from other quarters rendered the market ex-
ceedingly heavy, and the prices of the current numbers
were generally about one-eighth of a penny per pound
lower than on the preceding Tuesday. The demand
for manufactured goods was quite as limited as before,
and prices continue to droop. Under these cir-
cumstances, it is not surprising that the atten-
tion of the spinners and manufacturers should be
directed to an abridgment of the hours of labour.
We understand that at Blackburn a general agreement
has been made to work only four days per week ; and a
similar agreement is talked of amongst the Spinners anti
manufacturers in the neighbourhood of Ashton and