The Sun.
London, England, 1847-12-07 00:00:00

FLANDERS MAIL.

HAMM:mon, Nov. 30.—Unusually little business vas
transacted to-day. Exchange upon London fell one-half
per cent. The state of the money market continues
unchanged, although the money market has on the
whole been better supplied this week, yet exchange was
not so good. The tighter exchanges on London did
not encourage to greater transactions. The suspension of
payment of several houses in England, France, and Hol-
land, and of °nein Prague, cannot fail to be of unfavourable
influence, though they may not affect indirectly except
perhaps in the case of the latter house, in which some of
our merchants are involved to the amount of about
120,000 to 130,000 marks bunco; it is generally supposed
that this house will compromise with its creditors. Our
market presents a very inactive appearance; some
salesrgai•e made, but there is no activity and a general
appearance of disinclination to business. This is un-
usual at this season, and it can be attributed
only to the state of things abroad, especially in Eng-
land. 'The latest status of the Bank of England, how-
ever, presented an improved appearance ; large sums
in gold have arrived and others are expected, yet
thoughtful men do not speak of the crisis by
any means as if it were already past ; indeed,
we should rather imply that they are in that
critical state which will require the inter-
vention of Parliament. It appears to us here, that an
internal reaction can only take place with the reflux of
the value of the capital which has been so lavishly sent
over the whole earth; for, notwithstanding the great opi-
nion we have of the immense wealth of Great Britain, it
is an indubitable fact tout it was ins !equate to the ex •
travagant trade and the immense technical undertakinL,s,
and this return of the value of :he capital will take place
but slowly.
The following are the liabilities of some of the houses
alluded to.—Lackerstein and Co., London, E. 1. mer-
chants, 100,0001.; J. and 11. ap, London, wine mer-
chants, 20,0001.; Union Bank, Madrid, amount unknown;
liiewit and Laigeveld, Rotterdam, rice dealt rs, amount
unknown; A. lioutlaer end Zoon, Rotterdam, general
merchants, amount unknown; F. Richter, Prague, cotton
spinners, 500,00011.; Bonaffe and Co., Havre, American
merchants, 2,000,0001 r.; J. J. Gunnaraens de Silva, Rio
Janeiro, coffee merchants, 103 contos de rios.
BELGIUM, DEC. 4.—The two commercial failures
which have taken place at Mona exercise a melancholy
influence in the department of Charleroi—the anxiety
which is felt at Mons by the failure of M. Ilennekii.ne
is felt also by our merchants, and we can no longer con.
teal from ourselves or others that painful things are
likely to ensue, though, as usual, they are now exagge-
rated. Two houses have already stopped payment. The
project has been submitted to the Bank of Belgium to
till up the blanks, which the withdrawal of the house of
flennekinne will occasion here. This measure is highly
approved of by our merchants and traders.
ANTWERP, Nov. 4.—The state of trade is not pre-
cisely similar to what it was last week ; that great stag-
nation has disappeared, though we cannot say there is
any great activity.
BRUSSELS, DEC. 4.—THE CLIAMBERS.—II is affirlDel

that a petition has been sent into the Chambers, de-
manding the expulsion of the Jesuits; it is signed by
Gressin Dumontin, the editor of the J'recurseur. The
presentation of the petition has, it is said, been adjourned
for the present.

A retort is in circulation in the political saloons of
Brussels, that M. Veydt, whose health is delicate, is
about to renounce his post, which will be taken by M.
Frire-Orban, who will cede his over to M. Ruussel, re-
presentative of Mons. M. Veydt will have the govern-
ment of East Flanders.

RETIREMENT OF THE BAVARIAN MINISTRY.—The
Gazette de Cologne announces that the Bavarian Ministry
is about to retire; this Cabinet we must remember
is of recent date that it consented to replace a Ministry,
which thought itself obliged to oppose the requirements
of the favourite. Prince Attengen Wallerstein and M.
Bercks, councillor of state, are charged with con*ti-
tuting a liberal administration.
The Chambers of Baden aro to be convoked for
the 7th.
Opposition is in progress in the kingdom of Hanover.
In the country the elections are hostile to the Govern-
ment, to which they have hitherto been favourable.
A letter from Trieste states that, during a fearful
tempest along the coast of Greece, twenty-two merchant-
vessels have made shipwreck. Nothin7 is raid of the
.—Brussers Papers, Dec. 5.
fate of the passengers or crew
AUSTRIAN FUNDS.—VIENNA, Nev. 27.
5 per Cent. Meta11ique5.......... • • •• • • • • 105%
4 per Cent.ditt0............ „ ......... 93
3 per Cent. ditt0..........., „ .......... 66
Loan, 1834 „ „ ................ 157
Ditto, 1839
122°314
Bank Shares 1
Esterhazy's Loan .......• „ ............ 62
RAILWAYS.
The Northern, of Ferdinand •• .• • 157%
Gloggnits ...........
•• 112
Vienna—Milan .. ..................... 9s
Leghorn 8234
Sienna
Grosetto • • •
Oldenburg ..........
Pestoj a
Pesth Bridge .......•
Apenntneu ..........
••• • • • • •• ••
•• 6
PRUSSIAN FUNDS.—Baimix, Dac. 2.
Bills. Money.
6t.Schuld Sch., 2% per Cent .. 92 rs%
Priem English Bonds, 1830, 4 per Cent.• • •
Foreign Exchanges.— ••••• • •• ' • • 627
Eachaige on London, £1 Sterling, 3 Months ,
BELGIAN FUNDS.-135resxu, Dac. 4.
Five per Cent •.•• • • • •
3Al=ligiecAt,,,,tlinrer Cent ...... •••• •• • •
Loan of Thirty Millions, Four perCen • • • •
Ditto Three per Cent • • • • • • • • • • • • •" • "
DDiittttoo,Tdihtitrto
Ditto,dato, .. •• • • 98%
,yl-Bseven.2d.
.1.11.1.0.n.5: ditto
•. • 92
Ditto, lB3B .••••••••• • • • • • • • • • " •• • • 67
Ditto of the City, 1832 .•••• • • • • • ,
Ditto, 1843
Bank of Belgium ••.• • • -•• • • ...• •••• • • • • 91!4
-Brussels Papers. Dec. 4.

• 94jy

CHLOROFORM, TUE ANXSTHETIC AGENT.—On
Thursday last, the 2d instant, Richard Holgate, of High
Easter, carpenter, aged nineteen years, was operated on
for extensive disease of the hand. Perfect insensibility
to external impressions or painlessness was produced in
about three minutes; the vapourisation of the chloroform
was assisted by heat. A considerable portion of the
hand was then removed, the operation being skilfully
performed by Mr. Parett, surgeon, of High Easter, in
the presence of Mr. Coventry, surgeon, of Hatfield Broad
Oak. When the operation had been completed the
patient said, " he had made up his mind, and the surgeon
might commence." The case presented a striking con-
trast to the violent excitement and unfavourable reaction
produced by ether, and the expressions of pain, strug-
gles, &c., of ordinary surgical operations. The use of
chloroform, as a pain-destroying agent,
is
to the
a
example ot the application of modern chemistry
exampledisease.—
alleviation of suffering and relief of the
Ipswich Express.

COURT CIRCULAR.
The Chevalier Bunsen, Prussian Minister, Viscount
Palmerston, and the Hon. and Rev. C. Leslie Courte-
nay, left Osborne yesterday morning.
The Queen and Prince Albert walked early yester-
day in the pleasure grounds and plantations of
Osborne.
Their Royal Highnesses the Prince of Wale 3
and the Princess Royal took airings yesterday in the
vicinity of Osborne.
Sir James Clark has left Osborne for town.
Lord John Russell was slightly indisposed yester-
day at his residence in Cheshatn-place.
His Excellency the Prussian Minister returned to
his residence on Carlton House-terrace yesterday,
from her Majesty's marine residence, Osborne, Isle of
Wight.

Yesterday the several Commissions of the several
Sewers Districts in the metropolis, were opened and
real, and the Commissioners sworn for each.
The Commissioners present and sworn were—Lord
Morpeth (in the chair), Lord Ashley, Lord Ebring-
ton, Robert Aglionby Slaney, Esq., Joseph Hume,
Esq., Dr. W. Buckland (Dean of IVestininster), Hon.
Fred. Byng, Sir James Clark, Sir 11. de la Beche,
Edwin Chadwick, Esq., JAn Leslie, Esq., Professor
Richard Owen, William John Broderip, Esq., Dr.
Neill Arnott, Dr. Southwood Smith, Richard
Lambert Jones, Esq , John Bul ar, Esq., Rev. Wm.
Stone, and John Bidwell, Esq.
The Court of Sewers were formally opened, and
provisional arrangements as to officers made for each
district. Lewis C. Hertslet, Esq., was appointed
Clerk of Minutes, Orders, and Correspondence ;
W. 11. Stable, Esq. Clerk of Collections and Accounts;
Messrs. Roe and Phillips, Surveyors for each of the
districts ; and Henry Austin, Esq., Consulting
Surveyor, also for the several districts.
The clerks of the several districts, and other salaried
officers, were provisionally reappointed under the
several Courts, and orders made, and an adjournment
was ordered to Thursday, the 16th.
A deputation from Bristol, consisting of the Mayor
of Bristol ; the Hon. 11. Berkeley, M.P., Mr. Philip
Miles, M.P.; Messrs. Richard P. King, James Gibbs,
George Thomas, W. Goldney, W. Tothill, Francis
Jarman, John George Shaw, Harman King, and the
Town Clerk of Bristol, had an interview with the
Right Hon. T. Milner Gibson yesterday, at the
office of the Board of Trade.

The Earl of Devon had an interview with the
Chancellor •f the Exchequer yesterday, at his official
residence in Downing-street.
The Judicial Committee of the Privy Council sat
yesterday. Sir Frederick Thesiger and Mr. Crow-
ther (Queen's Counsel) were heard on an appeal from
Canada " Logan v. Le AleAurier." The Lords present
were—the Master of the Rolls, Lord Brougham,
Lord Campbell, the Chancellor of the Duchy of
Cornwall, and the Judge of the Admiralty Court.

AN IRISH M.P. LAUGHED AT IN
THE HOUSE OF COMMONS.
TO THE EDITOR OF THE SUN.
SlR,—What very strange mistakes sometimes occur
from misunderstanding the terms or words used by one
party to convey sentiments or opinions to another party.
This was exemplified during the Currency debate in
the House of Commons on Thursday night last. Mr.
J. Reynolds, M.P. for Dublin, while addressing the
House, remarked, "It must be borne in mind that
banking profits arose in a great degree from trading on
one's credit in contradistinction to one's capital." Upon
which your report states " great laughter" ensued.
And even Sir Robert Peel mistook the application of the
term " credit," as applied to a banker, or he would not
have said to the Hon. Member, " He would rather have
his capital than his credit." It would appear that the
House of Commons understood the Hon. Member as de-
scribing an Irish banker to be a trader without money—
s " licensed dealer in money without money"—as simply
existing upon credit, viz., no capital whatever.
Mr. J. Reynolds, addressing the House as a banker,
could he have expressed himself in clearer or more con •
cise terms than be did, ir, drawing the distinction be-
tween a banker's credit and a banker's capital?
In what does a banker's credit consist? The capital
of his customers—the deposits left in a banker's hands
these are the banker's credit. The deposits themselves
are capital—the capital of the customers—but the credit
of the banker who uses them. Thus, if the chief profit
of banking arises from the use the banker makes of the
deposits left in his hands, of course the profit arises from
his credit—viz., the money lent by his customers in con-
tradistinction to his own private property—his own
capital. In the sense allucted to by Mr. Reynolds, a
banker's credit is itself capital—his customers' deposits
left in his hands for the purpose of trading as a banker.
Yours, &c.,
Ilfracombe, Dec. 4, 1847.

A BULLIONIST.

ARRIVALS OF SPECIE.
TO THE EDITOR OF THE SUN.
SlR,—The Landon papers still continue to attach some
importance to the arrivals of specie from South America,
as if they were ti kccp our stock of bullion. Now it i%
hardly Cr' dible that they ure not aw:.:re of the fixt, that
tho bulk of importations from that, q!oater consist of
sliver in bars or in plat° which, thanks to ,•ur wiso
banking laws, is a tnrr:• matter of zio d'sc•, as sugar,
coffee, &v., not aiding us 14. t all to recruit our stock :is it
would do in at.y other inercantile couhtry iu ihe
universe,

])ors it not appear madness, a 11,n Loch a medium of
relief is daily passing through I,ur hands, that we :should
pt ,rsist in refusing to admit it to its doe share of repre-
sewing our currency, and that ro but gold, wt:ich,
when once exporteo, can only be recovered by a forced
action on uxehangea, value of produce, property, &c.,
should be consideied ad( (plate to our wants ?
At this moment the Col morant steam frigate is ex-
pected from the West Coast and Brazils, with a large
quantity of .ilver on 'mean), which ~+lll, no doubt, find
its way to the Continent, as ail our imports of produce:
are, to a certain extent, doing at depreciated prices,
entailing a heavy loss to the importer, that we may re-
ceive in return our own gold back, which they wisely
attach no fictitious value to.

I cannot but think that tie question of silver has not
obtained the consideration it deserves at our hands, and
that whilst we aria impoverishing ourselves to obtain one
metal we are despising the other.
I remain, Sir, your obedknt servant,
Liverpool, Dec. 3. SILVER.

THE NATIONAL DEFENCES.
TO THE EDITOR OF THE SUN.
Sift,—lt is with pleasure I observe by the Parliamen-
tary news, that a notice has been given by the Earl of
llardwieke in the Lords, and by Mr. Osborne, M,P., in
the Commons, to inquire into the state of the national
defences of Great Britain, a subject of the wiliest im-
portance.

The exposed and generally very undefendel state of
the coast of Sussex, is deserving of the early attention
of the Legislature and the Government. The town of
Brighton, and other places along the Southern coast,
continue in a very weakened state of defence, and in the
event of a sudden attack or invasion, an ene.ny might
land with great facility on many parts of the Sussex
coast.

A central position is also much required for steam and
armed vessels midway between Portsmouth and Dover,
which also might be made a " harbour of refuge " for
trading and merchant vessels, so greatly needed for
Ha
conby -
struct bpot
oi
unaur shipping;
willb;
prbooeuefwan
carried
ar:rf,
breakwater
teegi,
rei
journal
ousi
Commissioners
not htambohl3pen: eoai
,tsGml
oeuaanyvt
ge(e.
rnrrt
fil
me
c(twi:suggestion
nta:3)
grant
nsaa t)d:
eit
0;10, ofrefi
Sea-
ford, ote
enia.thedn:
the
Tpresent v se ession.
proposed site has been strongly commented
9u by Baron Dupin, of France, as calculated to bo of
immense importance to the maritime affairs and govern-
ment of this country. Since the recommerdation of the
Admiralty Commissioners a branch lino of Railroad
has been completed from Keymer to the mouth of the
valuable and improving tidal harbour of. Newhaven, in
the immediate vicinity of Seaford Bay, from which har-
bour (the nearest to London). steam-vessels of great
power will ply to and from Dieppe and Havre the en-
suing spring, and will open a communication with the
Sussex coast, which must attract the attention of Go-
vernment, in reference to the defence of the coast.
Parliament being again assembled, I trust you will
once more urge tho attention of both Houses to this
subject.
I am, Sir, yours obediently,
Dec. 7, 1847. A FRIEND TO ENGLAND.

THE SUN CORRECTED.—The authorities of the
General Post-office, it appears, have recommended, and
the various railway companies have agreed to, the uni-
form and literal adoption of Greenwich time
at the
railway stations throughout the whole country; thus
and leading
noon
' giving the sun the lie direct, by declaring,
the nation at large to declare, that it is 12 o'clock
at Holyhead, for instance,
has
tome 20 minutes
or at Dublin, when
he
time facto make is thatthe
re or less,
sun
up, before he reaches the
tt
meridian (or true 12 noon
)
) at Dublin or at Hol .11ea d .
This go-a-head principle, in f
act, is one that involves
and affirmatives the celebrated
is black and black is wife proposition that "white
;"for it virtually establishes
the erroneous principleit that it is high noon where
onl
the sun is either
yirrising, or where he is already
going down. But
astronomers countenance at
all so heterodox a
correction time into day andlre
night.ctinaondonfootnhe unansd's divisions
mistake much if they would not ra thwr morningat
leas:t re-
commend some local centre in the very midst of the em-.
hire thus induced to fix and stereotype, or, as it were,
electrotype, by telegraph, a scientific error, into one
perpetual and conscious lie, or legion of diurnal lies, in
the very fnce of the sun himself : and such a means or
average centre could be easily found and as readily
established, with a national observator.), and an electro-
magnetic rapport with the teligraimic system, such as
that already suggested in connexion with the Greenwich
noonday signal.—Builder.
COLONIAL. WHEAT.—There have been several ar-
rivals of wheat within this day or two from the extreme.
south-eastern colonial districts of the globe. These au-p..
plies, from the principal ports of' Van Diemen's —'A T.
nd
and South Australia, are by no means devoid of inVarest
or importance.
A LUCKY DISCOVERT.—Among the collection of
paintings, the property of Mr. John Wilson, of
Strat-
ford, Essex, ho has discovered " A Sleeping Venus,"
executed by the celeka It!ed Titian. We understand th
fortunate owner has sold it within the last two o 6
.r three
days fur five hundred guineas.—/pascich 4

On Saturday. the 11th inst., revised and corrected, price 215.,
A SECOND EDITION OF
PA D D I A N A;
or, SCRAPS and SKETCHES of IRISH LIFE.
By the Author of " The Hot-Water Cure."
Richard Bentley, New Burlington-street,

NEW WORK BY
WAT IIFTERLOO, A HOR OF " STORIES OF
Just ready, in 3 vols. post !Ivo.,
R I AN O'L INN;
OR, LUCK IS EVERYTHING.
By W. H. MAXWELL, Esq.
Author of " Stories of Waterloo," " Wild Sports of the West," &c.
Richard Bentley, Sew Burlington-street.

RAILWAY SHARES BY PUBLIC SALE.
MESSRS. LAMOND and Co., RAILWAY
SHARE AUCTIONEERS, beg to thank their Friends
and the Public for their continued support and patronage, and
to announce that their Public Sales of Railway Shares, &c.,
take place every WEDNEIDAY, at One o'clock, (instead of Tuesday
and Friday, al hitherto), at the Hall of Commerce, Threadneedle-
street, London, to which place, favours, containing instructions
(with a reference), are respectfully r3quested to be addressed.
Al Scrip and Share Certificates must be deposited, the day
pre gious to their being offered ; and winces of results will be
fdrwarded by the first post after the sale, and the proceeds lame-
dlatelv disposed of according to instructions.
N.B. Sales and purchases of all descriptions of stock and shares
effected by private contract, every day, as usual.
offices, tiall of Commerce. Threadneedle-street. London.

THEATRE ROYAL, HAY]IiARKET.
Un ler the Management et Mr. D. Webster, sole Lessee.
THIS EVENING
Will be performed the new Comic Drama, called THE ROUSED
LION. Characters by Messrs. Webster, Howe, Wigan, H. Vanden-
Doff; Mrs. Keeley, Miss Reynolds, Mrs. Seymour, and Mrs. Stanley.
After which the drama of GRANDFATHER WHITEHEAD
Grandfather Whitehead, Mr. W. rarren ; Drayton, Mr. Tilbury;
Langley, Mr. Bendel: Louisa Drayton, Mrs. Seymour.
To be followed with the Farce of CONFOUNDED FOREIGN-
ERS. Characters by Messrs. Tilbury, Hudson, Ranger; Mrs. L. S.
kat kingham, Mrs. Stanley, and Miss Carre.
To conclude with a new and original Farce, called WHO'S MY
lIIISBAND ? Doctor Mull, Mr. Tilbtuy ; Daniel Tootles, Mr. Keeley ;
Mrs. Smith Thompson, Mrs, W. Clifford ; Sophonisba Mull, Mrs. L.
a. Buckingham ; Sally Starch, Mrs. llumby.
Atage Manager, Mr. Farren; Acting Manager, Mr. F. Webster.
J. T. Archer, Box-book keeper.
Boxes, ss. ; Pit, 3s. ; Gallery, 2s. ; Upper Gallery, Is.
Doors open at Half-past Six, Performance to eommenee at Seven.

THEATRE ROYAL, ADELPHI.
finder the direction of Madame Celeste.
THIS EVENING
Will be presented a new and original Drama, called GABRIELLI ;
yr, the Bequeathed Heart. Fitzgerald O'Carrol. Mr. Boyce ; Major
Dunmore, Mr. Worrell; Marques di Mind°, Mr. Paul Bedford ; Hal-
*fixer Valdarno, Mr. 0. Smith ; Bob Bit. lir. Wright ;
Illadaras Celeste ; Slows D'Ossuna, Miss Brooks.
To be followed by a new Farce entitled THE TIPPERARY LE-
*ACT.
After which, a New Farce, entitled THIS HOUSE TO RE SOLD
!the property of the late William Shakapeare), Inquire Within. Cha-
aacters by Messrs. Wright, Cnllenford, Worrell, 0. Smith, Paul Bed
Ilbrd, Mrs. Laws, &0., &c.
To conclude with the original farce, called HOW TO SETTLE
ACCOUNTa WITH YOUR LAUNDRESS. Whittington Widgetts,
Mr. Wright; Jack Brown, Mr. Manyard ; Squibb, Mr. Redmond
Ryan; Mary White, Hiss Woolgar ; Mdlle. Cherry Bounce, Min
Emma Harding.
To conclude with A NABOB F,lll AN 110 L—B.
Boxes, 45.; Pit, 2s. , Gallery, le.
Pnors open at Half-past Six, Performance to commence at Seven.

ROYAL LYCEUM THEATRE.
Under the Management of Madame Tehtris.
Sole Lessee, Mr. Charles Mathews.
THIS EVENING,
Will be performed a new Comic Drama called PEGGY GREEN.
-After which, THE RING DOVES.
.To be followed by a Casale Drama, called A ROUGH DIAMOND.
To eoncinde with a Romance of Real Life, called BOX and COX
Principal eharaoters by Mr. Barley, Mr. Buclustone, and Mrs. Mac.

Damara.
Dross Boxes, is. ; 'Upper Boxes, 4s. ; Pit, es. ; Gallery, Is. No
half-price to any part of the house.
The New Box-office, No. 2, Wellington-street, is open to the
Mobile every day, from Ten till SU.
The Interior of the House has been entirety re-designed by Mr. W.
Mradwell of the Colosseum.

FRENCH PLAYS.—ST. JAMES'S THEATRE.
FRIDAY EVENING.
Will be presented the Comedic Vaudeville of LE PREMIER
MALADE.
After which, LE CHEF-DCEUVRE INCONNU.
To concludetwith LE REVEIL DU LION.
A detailed prospectus of the general arrangements, and of
M the
pieces which will be produced during the season, may be had at r.
Mitchell's Royal Library, 33, Old Bond-street ; and at the Boa-office
of the Theatre, which is open daily, from II to 5.

-ROYAL SURREY THEATRE.
Lessee, Mrs. F. Davidge, Davidge-terrace,Kensingten-road,

Surrey.

THIS EVENING, the performances will commence with the
First and Second Acts of the
HE zeBOND %d lebrate Opera of
TIAN.

Principal characters by Messrs. H. liorncastle, Rafter, Maynard,
Janes, D. W. King, and Attwood ; Miss Poole, Mrs. K. Hughes, and
To conclude with the Farce of LOVE, LAW, and PHYSIC.
A distinct entrance to the private boxes has been made (which
have been re-fitted). Private boxes may be had nightly of all the
Principal Librarians ; and at the Box-seize of tke Theatre, which is
open daily front Ten until Four.
Boxes, 2s. ; Pit, Is.; Gallery, 6d.

ASTLEY'6 ROYAL AMPHITHEATRE,
Proprietor and Manager, Mr. William Batty.
Mr. Batty's performing Elephants.
THIS EVENING
The'arand Syectacle of THE CAMP OF SILESIA.
Entire:y new Scenes in the 'Arena, by the talented Artistes of
Ike t.Ft.tblishment, in tLe various modes of equestration.
To conclude with a new Domestic Drama, called THE WHITE
FARM.

Box-office open from 11 till 5
Acting and stage Manager. Mr. W West.

MEETING of PA RL IAMENT