The Sun.
London, England, 1841-08-18 00:00:00

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EVENING ,SUN.

MONEY MARKET and CITY NE, WS.

FROM THE MORNING PAYERS OF THIS DAY. - -
TIMES.—Those who have watched the movements
of the tea speculators since the cominenceneme, of hosti-
lities with China, must h?ve observed that :el.:reale' a
month has passed without the appearance of some fabri-
-1 cation likely to cause an increase of business. The time
selected for such fabrications is invariably about a fbrt-
night after the arrival of the overland mail, and when
the excitement which the intelligence really received
may have produced has in some measute subsided. Sonic-
times Russia is fixed on as the medium of conunuaiset-
don between this country and China ; sometimes a Lon-
don merchant has by some unaccountable means or other
been the fortunate receiver'of a letter containing exclu-
sive intelligence of some barbarity committed by the
Chief of the Celestial Empire, which, while it is of the
greatest public importance, if true, has by some curium
contingency been sent 'to him alone. To such let-
ters, in addition to the valuable political inforeaation
they contain, is generally appended a postscript of a
commercial nature, wherein the writer dwells with
apparent regret on the circumstance that the stock
of tea is fast decreasing, and that furthei supplies
must not be looked for. In one or two instances enough
ingenuity has been exercised by the fabricatais of "later
news" from China, to render the receipt of the letters
Just possible, though exceedingly improbable, while, in
most cases, there is a total absence of such tact, and the
discrepancies of dates render the attempts utterly harm-
less, especially as the public have continually been ace
quiring
fresh experience in similar manceuvres. A great
deal of amesement was occasioned to-day by a fresh im-
port of such Chinese intelligence, which, judging from
the extraordinary' manner in which it is said to have
been received, and bee wholesale manner in 'iviiich cala-
mities affecting the ete
-nmerce of the country are an-
nounced. particularly in reference to the important
article tea, has all the feattjas of its Tredecessore,
with the additional characteristae that it . seems de-
signed to give a little impetus •to the rhubarb trade.
The letter containing this intelligence was, it is an-
nounced, slipped into the Bombay steamer on the 19th
of June, and after lying harmlessly at Paris ever since
the arrival of the overland
.mail, suddenle' monde its ap-
pearance in that metropolis yesterday. The_intolligenco
is to the effect that the- Emperor hase-orderec: ail- taaSe
rhubarb, and other articles, necessary for the EasesiNla to
be destroyed, be (the Emperor). promising to incleaanifY
the owners of such articles out of his own pocket,. with
the further calamities that tea-smuggling has been un-
successful, and that great activity has been shown is
sending out fire-ships. The stated failure cif the tea-
smuggling at first gave a suspicious appearance to the
intelEgence, from its correspondence tyth the outcry
lately raised here about the decreasing stocks in _hand ;
the gratuitous liberality of the Emperor in ortierinealis
subjects to burn their property, while he paid forit, was ~60
little in accordance with his known predilection for syme
silVer that it made it still more incredible, an:,' when it was
reflected on that so important a letter was allowed to lie
in obscurity for upwards of a fortnight, the flimsy fabra-
cation was at once seen through. Some suggest that the-
Chinese advices may have been concocted in Miheing-
lane, and thence sent to Paris for the sake of immediate
return, while the generality acquit Mincing-lane, saying,-
that the speculators there would hardly have hien parties'
to so bungling a hoax. At the Jerusalem ColTee-houee,
where persons of the greatest experience in Indian and
Chinese business assemble, the announcement was disbe-
lieved from the beginning, and treated with ridicule. In
Mincing-lane, however, there was a great disposition to
take it more seriously, and teas fluctuated about 2d. per
lb. Susceptible, however, as this market has of late been,
and ready to move at reports which have the slightest
approximation to probability, it is evident the news was
not much regarded even here, as-,.teas otherwise must
have rise from 4d. to Gd. per lb. We may add; that in
the price of rhubarb there is no corresponding advanee.
HERALD.—The intelligence one month later in date
from Macao (China), received by extraordinary express
from Paris and communicated in a second edition of the
Herald to-day, created a considerable excitement in the
city, and 'especially in the tea market among the dealers.
The prices of that commodity advanced upon the strength
of it full 2d per lb. ' There was a good -deal of diecusslcat
about the probable correctness of the news thus received
and the passibility of its transmission in the way de-
scribed. It was observed that, if put on board-the steamer,
as stated, the advices must have been received here along,
with the rest of ' the overland mail, and therefbrc would
have become known. It was observed however that
such immediate publicity did not necessarily follow,
as, assuming the first premise, the party exchtsirefy in
possession of. the advices,' :t party not improbably con-
cerned in mercantile speculations, might be iuterested
MARRIAGE OF THE PRINCESS in keeping them private until -his ovensoperations were
D'ARENBERG. completed. Such was the tenor of City discussion on
The Independent of Brussels furnishes us with the fol- the subject, about which it is the less necessary to offer
lowing details of the marriage of the Princess d'Aren- any observations, or to arbitrate in any way in the
berg with Prince Borghese Aldobrandini : , matter, as the regular express from Paris in to-morrow's
• "Before ten o'clock every place in the church of Ilerabl will, iu all probability, put 'ati end to all uncer-
Heverle was filled, except those reserved for the bridal taint- upon the subject. It may be remarked, however,
party. All the principal inhabitants of Louvain and that there is no impossibility in the case of a letter being
the neighbouring towns and villages were assembled in .so despatched and received. On the arrival of a vessel
it. On each side of the choir were raised seats covered from Macao, as. stated, there could :be no difficulty in
with crimson velvet, and other seats in the middle. despatching advices express by dak from Calcutta to
The high altar, and those on the sides, were deco- Bombay, which might reach just as the steamer' was-
'rated with flowers ; four carpets of the greatest beauty, under weigh with its mails on board.. The report in the
from the Gobelins, adorned the walls ; they-are tile City is that this Chinese news is taken from Galignanis
property of the Duke d'Arenberg. At ten, the departure' Messenger at Paris. - •. • . . .-.
of the procession from the cieateau was announced by a CHRONICLE.—We have on several occasions lately
salvo of artillery, and it marched in the following order : alluded to the critical position of the Bank of England,
The Company of Bowmen of the communes which an- with little over 5,000,000/. of gold',in her cosss, exposed
ciently formed part of the Duchy of Arschot, with the to a drain to 'pay for more than two millions of quarters
. Harmonic Society of Arschot. Two grooms on horse.- :of foreign grain, if the weather should continue tilde-
hack. An open ear, lined with crimson ,yelvet, drawn by ' vourable ; and, under any circumstances, being called
four white horses, and carrying several children repro- - upon to find gold equivalent to the price of 1,000,000 of
,senting cupids. Another carriage drawn hy six bay quarters, at 50s. per quarter, which woukl place the
horses, and a third by four white horses. - Tive..lve horse Bank' precisely in the same peril as in Noveiniier, 1839,
chasseurs in the uniform of the 27th regiment of trench when the stock of gold was reduced to 2,500,0091., and
chasseurs, of which the Duke d'Arenberg was Colenel i bankruptcy avoided by a loan of 2,000,0001. from the
during the war in Spain ; the Harmonic Society of Leis- J Bank of France. The truth of our remark's begins now
vain ; a guard of honour, .composed of 250 cavaliers ' not only to be felt, but fairly acknowledged; for not-
dressed
in black, with white pantaloons ; thirteen more withstanding the propitious advent of the " new m00n,,,
carriages, some with six, some with four, horses; a picquet and somewhat better weather, the organ of the Bank
guard of gendarmerie, closing the cortege. The whoie of the parlour admits, in a long article this morning, . they do
road, which was decorated on each side with branches and not know that any well-grounded argument can be op-
foliage, flags, and draperies, ornamented with crowns Red posed to the general force of such conclusions. a our
garlands of flowers, was completely crowded. On en- contemporaries are impressed,". • says the " necre-
tering the church, the Duke d'Arenberg led his daughter o'etted organ" of the Old Lady, " with the conviction
to the altar. Her hair glittered with diamonds, her dress thati every quarter of wheat imported must be paid for
was of the richest white satin, and her bridal veil was of in paid cash ; and this within so she'll a period, that is
the most superb lace. The Princess Borghese, a to say, immediately upon the termination of the conti-
member of the noble family of Larochefoucault, the nental harvests, that without'a'most circumspect ana pro-
mother of the bridegroom, was conducted by the vident Adednistration, the cojers of the Banh:raus.; in:,
Duke d'Estissac, and the Duchess d'Arenberg by evitably be (twined of their last sovereign before the end
Prince- Borghese Aldobrandini. then followed the of the year."
young Prince and the other Princesses d'Arenberg, the The organ of the 1:-;anlc admits there is no good argil-
Duchess of Beaufort, the Countesses de Lannoy and de ment against the genera: force of this very startling eon-
Merode, the Pope's Nuncio, Prince Paul, Canon of Na- elusion. He attempts, of course, to sneer at- the writers
mur, and numerous .other persons of high distinction,. in- " whose views are identified with the. masterly financial
eluding the Duke of. Beaufort, the Count d'Ursel, and position of the present Government," but he is ' cora-
the Count de Lannoy. The return from the church was- pelled to own, notwithstanding, the general correctness
delayed by a heavy fall of rain, but when the whole of their views. The .writer in the Post owns, tee,
party had returned to the chateau, the bride and bride- that the Bank of England cannot reasonably expect
groom, with their illustrious relations, appeared on the any further temporary metallic accommodation front
balcony, and were saluted with the cordial acclamatious the Bank of France, and that the supplies of' gold and
of an • immense assemblage of people. There was a grand silver from the mines of the Western World will be
dejeune in the chateau to numerous invited guests. At just now less than what they hare been. After making
four o'clock there was a grand tournament on the lawn all these adaiissions, however, our contemporary
in front, enlivened by an orchestra, for which a building finds new. and sudden solace in the' hope -that the
was erected. Next day there was a grand meeting of continental merchants " will receive payment of the car-
bowmen to shoot for prizes." goes of wheat sent to the British ports in good and
valid foreign bonds, "a safe," he sagely remarks, " and
convenient mode of exchange to resort' to on the pert of
the shippers." But "the shippers" will :lot trs' it while
they can .get solid food for their cargoes ; they are not.
the men to be satisfied with paper ; and as they made
this country pay 7,090,0001. in hard cash in 18:39 for food
tothein 8
pelop42.
theyl7-an
will take paymeut in the Se me-
dium They have no inducement to do other-
wise. As to the miserable conceit advanced, by our
Contemporaries, that they will be cajoled with Austrian,
Russian, or Prussian Bonds, it is really too absurd to
deserve serious attention. The credit of the. Continental
States is by no means improving. After tweal'-yeaei 'e _
years' peace they have all, more or less; been last.:olY,
seirei
the market as borrowers. Their debts have inc.
~ail
ea.
instead of being diminished, and there is nothing,s
I,lflica
ciently attractive in any of their Stocks to males. .
prefer them to gold.
SUN.—The feature to-day is the receipt of China news,
of course, agitated
its authenticity. The Tea market
and which-hat given rise to all.seotritss,ot conjectures, as to
to 1i,,. so • •
to sonic extent, if the Celestials ail provede.
destroy their property with the
jured themselves as to .
by it, and other China produce . wilt probable...tieUivr.7-
v i eswt
Stocks
sa annoying o
oneyi l gpteiri
subsequently
toiEdb s e q
a downward ten-
uently, to nearly the full ex-
loirfbathr lea odsa.y had , ,
deney, but rallied
had lost. Consols for immediate
tent of what they
transfer were quoted 893- to f for the opening, but after-
wards receded to 89-4- to 4, and closed- at 891 to -k. For
Account rho value was 89- to f. ' Excheguer Bills were:
marked 14s. to 16s. prem., and India tssi,el: 4s. to 75.
prem. Bank Stock was higher, viz., 168 to 1691, it
being stated in some quarters that the Directors e.'ill ha
enabled, now the prospects of the harvest have improve',
to extend their discount business. The New Three-
and-a-Half per Cents, were 9E4 to 984, and the Three
per Cents. 90 to 894, being nearly the previous rates.
The whole amount of siness in the Foreign Market
scarcely calls for a remark. Spanish Active Bends were
at 19;- to f, Belgian at 102*, Prussian Four per Cents.
at 106, and Dutch Five per Cents: at 101.. -
There was a good deal of business' doing in Shares,
but generally at about the previous rates.' Great'
Western Railway were 17, the New 6i, the London and
Birmingham Quarter 171, the Thirds 214-, the New 21.'2,
the York and North Midland New-12, and the South
Western 134- to 13i premium. Brighton were 6} to 7,
Blaeltwall 11, Manchester and Birmingham. 30-1,- Midland
Counties 18, North Midland 35, and, Birmingham and,
Derby 56 discount. London and Westrninsttr B:inle
Shares were 24, And Provincial of Ireland laipresnium.
There was some improvement iu the Foreign EX-
changes this afternoon. Three month's Bills were nego-
tiated at 25f. 574-c. to 62,1 c. on Paris ; at 12 Z 3 to 4ou Am-
sterdam ; at 12 3-1- to -1, on Ant:; crap, at 119.4 to -',i- on
Frankfort ; at 13 9 to 1 on Hamburgh ; and at 9 48 to
50 on Trieste.
The following are the official returns of the exports of
bullion front the Port of London for the week ending
Thursday last :
Silver Coin to Hamburgh
Do. do. to Rotterdam
Do. Bars to Hamburgh
Gold Coin to Sydney

PRICE 5d

THE SPEAKERSHIP.

After the determination of Sir Robert Peel to re-elact
Mr. Shaw Lefevre to the Speakership, we feel far from
easy as to other appointments. Who can say what the
Tory leader may not do next? If, upon reviewing his
host of three hundred and seventy Members, he cannot
find a man fit to be Speaker amongst them, what the
deuce can they be fit for? It is rather hard that they
should begin by borrowing a man from the Liberal side,
and if qualifications, and not party considerations, are to
regulate appointments, where is the rule to stop? Sir
Robert Peel, upon a candid examination, may find Lord
Melbourne better fitted than- himself to be first Lord
of the Treasury, and Lord John Russell incomparably
better qualified than any of his followers for the Colo-
nial Department. Really, after beginning with Mr.
Shaw Lefevre, we tremble lest they should steal the
whole Liberal Administration. Certainly there is as
much reason for continuing Lord Melbourne in the Trea-
sury as Mr. Shaw Lefevre in the Chair.
The Liberal party have obviously no right to the re-
election of Mr. Shaw Lefevre, as, in the election of Mr.
Abercromby, it proceeded on the principle that the
Speaker should represent the majority of the House.
The Tories, then, should find their own man for the
Chair, and it is hard to suppose that they have not
amongst them the very mediocre ablities and common-
place qualities that suffice to make a tolerable Speaker.
It is quite a grievance that with their large majority they
should begin by taking a Speaker from the ranks of their
opponents. This is as if a fishmonger were to cry out
'stinking fish before he opened shop, and to borrow a
salmon from his rival over the way.
And hoiv is it that Mr.' Goulburn has-got stale 'so
soon? Could he not keep sweet for two years? So
lately ago as in '39 he was started for the Speakership,
on the score of his pre-eniinent qualifications, against
Mr. Shaw Lefeirre, and is he not as fit for the office
now as he was then? 'There is Mr. Wynn, too, who has
this rare qualification for the Speakership, that the fear
of hearing him speak would repress the disposition to
anything out of order.

Sir Robert Peel surely thinks too meanly of his party
in supposing that it cannot even furnish a Speaker. We
would comfort them as Brummell consoled his friend R.,
who complained that Brummell had been of a party in
which it was said that he, the said R., was not fit to carry
garbage to the Devil, adding, " How unkind it was of
you, a friend, to sit by and hear me so underrated with-
out taking my part."—" I did take your part," relied
Brummell, warmly.—" Why, what did you say?" in-
quired R., eagerly.—" Say," answered Brummell, " why,
r said the very reverse of what they said against you ; I
said you were quite fit to carry garbage to the Devil."
We spare the modesties of Mr. Goulburn or Mr. Wynn
the application.
As the good old proverb has it, "Let every herring
hang by its own head, and every tub stand on its, own
bottom." So let it be with parties. Let us have no
picking and choosing, no borrowing, no saying here is a
very handy article, which I should like to keep, &c. In
two years, or less, the Liberals will have their .own
Speaker again in an honest way, and meanwhile, why
should they help the Tories with a man ? But undoubt-
edly, if the Tories, for want of a plausible, decent person,
will insist on electing Mr. Lefevre, it is a sort of raid
which cannot be resisted. We are sorry that their po-
verty in very ordinary qualifications drives them to such
'shifts, because, amongst other considerations, we should
have regarded the election of Mr. aoulburn with satis-
faction, for this reason, that it would have kept him out
of the Chancellorship of the Exchequer. Better for the
economy of the nation to bestovi on such a man a wilder-
ness of speakerships than the power of mal-administer-
ing the finances of the country ; and if for no other rea-
son than tiat he should not be Chancellor of the Exche-
quer, Mr. Gouiburn should be elected Speaker. But Sir
Robert Peel has no compassion for the country, and. in-
stead of putting Mr. Gpulburn where he may exercise
the highest faculties that ti:e in him in crying " Order,"
he will place him where he Will disorder all things.--
Examiner.

TORY GOVERNMENT.—In the Annual Re.
gistcr for 1830, we have the following picture of the state
of things which prevailed over more than one-third of
England when the Tories went out of office, and handed
over the government of the empire to the Whigs, after
have been in power well nigh fifty years :—" Night
after night new conflagrations were lighted up by bands
of incendiaries ; corn-stacks, barns, farm-buildings, and
live stock were indiscriminately consumed. Bolder
bands attacked mills and demolished machinery. All
protection for property seemed to be at an end. Bands
of rioters pillaged and destroyed during the day, and as
soon as night fell in, simultaneous conflagrations, start-
ing up in different quarters, spread over the country con-
sternation and dismay. The military force in the dis-
turbed districts was daily increased ; and proclamations
were issued, offering rewards of 500/. for the apprehen-
sion and conviction of any person engaged in wilful
fire-raisings ; and a Special Commission was ordered to
proceed into the counties where the outrages were corn_
'flitted."

THE IRON WAR STEAMER PHLEGETHON.
—We perceive, by the Calcutta papers, brought by the
India mail, that this vessel, which was built by Mr.
John Laird, of North Birkenhead, for the East India
Company, has arrived at that port. She is about 500
tons measurement, armed with two ' 32-pounders and
other small gulls, and is exactly the same size and model
as the former iron war-steamer, the Nemesis. She was
to sail for China about the middle of June, to join the
expedition. It was reported in the Bombay papers that
two armed iron steamers, the Ariadne and Medusa, both
built by Mr. Laird, each carrying two 26-pounders
would be ordered to China : they would make an effec-•
tive flotilla of four powerful iron armed steamers at-
tached to the expedition ; and from the • services ren..
dered by the Nemesis, arc likely to prove a great acqui-
sition. The following extract of a letter, dated Cal-
cutta, June 5, gives an account of the J.'hlegethon
" I am too full of business to write at length just now ;
but you will be delighted to hear we arrived at this
place
nantdheeng.in22de,
.sof last month, as sound in hull,
boilers,
lass, andwhena la'
, we e•gleft
EarnegloafnsdioLVey havebad
weather. The Phlegethon in- bad weather, has
had some severe trials
sur-
passed my most sanguine expectations and having gone
over 17,157 miles without straining a rivet, will, I con-
sider, carry out the principle that these sort of vessels
can navigate in security between
Liverpool Albion. England and India."--
LAUNCH OF THE TRAFALGAR.—CURIOUS
COINCIDENCE:— It is worthy of notice, that amongst the
persons on board the Trafalgar when that vessel was
recently launched at Woolwich, was a gentleman named
Chasteneuf, who has for a long time resided in 'Wool-
wich as a professor of the French language. This
gentleman, at an early period of life, entered into the
French naval service, and was at the battle of Trafalgar,
being then a midshipman on board a seventy- fOur,
name Le Dnketroim. This vessel escaped after the ac-
tion, but was captured a few weeks afterwards, off Cape
Finisterre, by (we behave) Sir George Strong. Mon-
sieur Chasteneuf was taken prisoner, and subsequently
becoming naturalized, settledin England, where he has
since resided.

10S,G00 cz.
13,0G1)
24,1-18
2,500

----- -
The veracity of the following remarkable in-
stance of longevity may be readily observed by any per-
son who chooses to consult the parish register of St.
Leonard, Shoreditch :—" Thomas Carn died the 28th of
January, 1588, at the astonishing age of 207 years. Ili/
was born in the reign of Richard 11., 1381, and lived in
the reigns of twelve Kings and Queens ; namely, Rich-
ard 11., Henry IV., V., and VI., Edward IV. and V.,
Richard 111.. Henry VII. and VIII., Edward VI., Mary,.
and Elizabeth. .

A rather singular letter was last week received
from the \Vest Indies by Mrs. Munro, of this town, con-.
veying the melancholy intelligence; of the death there of
her son, George Munro, The greater portion. of the
was written by her son himself during ids illness
at
rerent periods. and bearing different dates, and was
left unfinished at his death ; and, singular enough, the
letter was concluded with an account of his death: by tho
surgeon who attended him, and-whoSe nail:6 -was a.l-;-0
George Xtunro.--Dover Chronicle.