The Sun.
London, England, 1841-03-13 00:00:00

MORNING EDITION.

have •
a child at the head of the Pachalic of Egypt, I
as Rus-
ass has a child at Constantinople. Mehemet Ali is compelled
to disinherit Ibrahim, the right arm ~f his power ; for in the
monarchies of the desert it is the eldest who is regarded as the
t tue one amidst a multitude of brothers by different mothers.
So much for what is called the hereditary government of Egypt.
'%e will now take a view of the other conditions of the hatti
scheriff. How was the Egyptian monarchy rendered great?
Ily regular troops trained under French discipline. What says
the hatti scheriff? The forces of Mehemet are limited to
about one-fifth of their present number. What constituted his
Bower is destroyed ; what might have given influence to France
as annihilated. And further, all those who have travelled
recently in Egypt have spoken of the monopolies of the
Pacha, and of those riches gained by the sweat of the
people, but which nevertheless constituted an essential part of
the strength of the Egyptian Government. Empires are some-
times founded by violent means, because despotism with strong
and intelligent minds overcomes obstacles ; but when the des-
potism upon which a rising empire rests disappears, everything
disappears with it. In depriving Mehemet Ali of his revenues,
and causing a fourth of his geld to pats to the Porte, he is de-
prived of the means of organising Egypt. He will no longer
have the son who became great under his sceptre, for, as Eng-
land could not succeed in arming him against his father,
Lord Palmerston disinherits him. This is easily understood.
The Egyptian monarchy existed only by the army, and
the army was half French. Nothing remains, and Mehe-
;ers.
'"!tet Ali will he a Sovereign without money and without sol-
ll this shows that Englandhas attained her object. France
had protected the Egyptian monarchy, and England prevents
commei cial development which was to result in favour of
trench in. crest. The power of Mehemet Ali is now illusory,
and he sees this so well that he protests even with the foot of
oppressor upon his neck. But how will he give force to
'us protest ? Will he refuse to accept the proffered condtions ?
When he had all his forces he resisted, and what was the result?
If, when he was standing erect in all his power, his enemies
pursued their course, will they stop now that he is half fallen ?
Guizot, however, has told us in the Chamber that two
things had been demanded for Mehemet Ali—hereditary go-
ll'vejntnent, and independence. A pretty independence, indeed,
Filch consists in having neither an army nor a treasury—a
fine hereditary right, which compels him to surrender the
Choice of his heir to the Sultan."
2.4l;tsirN
TiheoQ7tidicitne does injustice to Lord PAL-
We are convinced his Lordship never
gave his sanction to the clause in the Finnan,
which claimed for the Porte the right of regu-
lating according to its pleasure the succession to
the
Pachalic. A variety of circumstances lead
118 to this conclusion. Lord PALMERSTON never
was
the
enemy of the Paella. When the gallant
",PIER negotiated his Treaty with MEJIEMET
ALI) Lord PONSONBY rejected it with insolent
contempt.
But what did Lord PALMERSTON ?
Winy~
he made it the very basis of the new Treaty,
and entrusted its ratification to the gallant Com-
Modore. Lord PALMERSTON must know as well
as we do, that to permit the Porte to nominate
any of MEHEMET ALIAS children it pleases to
-eeed him,
w
the would be to enable the eunuchs of
Seraglio to kindle at any moment a civil war
in EgyptMEHEMET Am's real enemy is Lord
ro t
ICsoNn-5,-, whose recall has now become essen-
tial to the maintenance of European tranquillity.
It •
is very far from the wish of England to press
heavily
unon the PACHA, or to allow the Porte to
treat him with harshness now that he is defence-
England knows how to respect the sanctity
faith a Weakness which looks for security to the
of treaties. The very presence of Commo-
dorethaf I,,NAPIER at AleXandria is to us a guarantee
the. I.IIEHEMET Am shall obtain that justice at
hands of the SULTAN, the refusal of which
lv°uld be more disgraceful to England than to
the Porte itself.
fort Was rumoured in Paris that the negotiations
a new treaty, to include France, had been
broken off, and that by another protocol signed
b
T,Y the Pour Powers, Russia has relinquished the
n:eaty of UnkiarSkelessi, and once more recog-
nised the uncontrolled sovereignty the SUL-
-1%1
over the Straits of the Bosphorus and the
Dardanelles.
There is very little general news in the French
r'nrnals of Wednesday. The following extracts
°M them include what little they contain of
arp.
Y interest to an English reader
W ~e find in the Quotidienne the following passage t—
eniv‘elnis is a year of disclosures. A letter which we have re-
Pi Prnnejrnra our correspondent inDauphine announces
qu: ng publication of a which will contain every
oa (.Ilt and very curious communications respecting a fact in
re;°rltemPoraiy political history, which has hitherto been
the'r,'lnPerfeetly known. The book in question is a history of
nate"°,,n,sP•iracy of Grenoble, in 1816, which cost the unfortu-
lishe,"idter his life. This work, says our correspondent, pub-
gs,„`` from inedited and authentic documents, will cause as
pi..' a sensation as the letter published by the Gazette de
Itee and the Journal La France.—La Gazette de France.
It Co IS said that the President of the Council having received
he„7,..0f the hatti-scheriff, which grants to Mehemet Ali the
and biltit'Y but nominal government of the Pachalic of Egypt,
this tiring convinced that the Four Powers would not modify
o:nlgular concession, has resolved to ask again from the
WlZ,,ttee the 60,000 men, whom he gave up some time ago,
'llPposed that this question might be settled in a pa-
Le Temps.
Temps.
ThThe Duke
,rfoniteur has no official part this morning.
wilTahe'
ktei National
umale sets out to-morrow for Africa.
says this morning that there is RO foundation
of iterer for an assertion of the Univers, that a certain number
of th eptea of the Reforming Societies, had come to the office
„e 2 Lvational to require that it should desist from its argu-
-4.:Z211 favour of the fortification of Paris.—Le Constitu-
_
Gan
nii-gnant's-Misenger announces that the French Govern=
er, 'flas been very disagreeably surprised at receiving from
th4l,stantinople the news that, contrary to the instructions of
n,
sjr Gove, Lrd b was eavourin b
Possible meansrnment to embarroassPOnson more any d moreend the affairsg ofy
East by rendering the positin of Mehemet Ali insuppor
- ta-
,te. It adds, that M. de Bouorquenay is supposed to be in-
k rUcted to ask an explanation on this subject from Lord Pal-
eraton,_„,7 Commerce.
BOURSE. PARIS, WEDNESDAY, MARCH 10.
first Highest Lowest Last
Fre Price Price. Price. Price
-015 per Cents lll „, 110 80 110 90
4l Per ....•
4 Per
Ranh3 Per Cents B5 76 85 7986 75 7986 '75
France
aselgia! sank 5000 f. Shares 5160 ...5160 ...5160 ...5160
" sank
5 per Cents lOl% ... 101% ... 101% ... 101%
3 per Cents 69 70 ... 69 70 ... 69 '7O ... ( 9 70
3Ds • New Loan lOl% 101% ... 101%
e 41th Act
oqußuese 3 per Cents Active
......
15 192 115
••• ..... ....••
• RAILWAY 4HARES.
405 405 ... 400 ... 401 25
'3lleaL.B. 3lO ... 310 ... 307 50 ... 3°" 50
;ttotn,,-- •s• ......
4ont burg to Rale
tt,tier.ltier to Cette
455 ... 460 ... 455 ... 460
DUTCH FUNDS.—AMSTERDAM, MARCH 9.
Money. 1310 s.
Ictual Debt 2 per Cent
5.04 50%
;;;!to• ditto 53yper cent.
t Syndic,4% per cent Bnl4 88%
Ditto, ditto, 3% per cent 72!‘
I.,,!luriercial Company, 4!,., per cent 1613 !621,4
r,tul (18.35 and 1837) 5 per cent. ...... 100 100%
1,237, 5 per cent. 953 98
Exchange on London, One month l2 02%
Two months ......., ll 923
Dutch Papers, March 10.
BELoIAN i!UNDS—BRUIMELII, MARCH SO,
ActUal Debt, 254, per Cent.
Rothschild's Loan, 5 per Cent ii9
Lan of Thirty Millions, 4 per-Cent B9
3 per Cent.
(1
---41) 9:l
Loan of City, 1832, 4 per Cent B,
Society of CominPrce, 4 % per Cent lO2
Bank of Belgium, 5 per Cent ............ 8734
National Society.
EXchange on London (short)
--Brussels Papers, March 10.
11,_ AUSTRIAN FUNDS.-..VIRPINS, MARCH 2.'
F° Par Cents. Metalliques
71,:r Per Cents
Batik pqr Cents ... ........ .......
. .......
-ouEhares
gemeine &Wu. ....... eh 8.
and COMMERCIAL NEWS.

CITY, FRIDAY EVENING.
tirt'!'ehb° chief business done tc-day was in speculative or
04 a _ I.gairis, the bona fide, or money transactions, being
the verY limited scale. Up to a la'c hour of the. day,
of 1,..4:1.rket wore a heavy appearance, but before the close
e"Ftness a rally occurred.
1)11110"toettilhos8oelcia opened at 87i, but got up afterwards to 87,-1-,
at 871 buyers, for money, on account of a re-
ran at the affairs of the East had been definitively ar-
-1114",: so as to admit France into the Convention with
rr ",..t°ll Powers. For account the range of prices , 3
9• ;: to 84- to 1 Exchequer Bills were at I Is. to
h 'r.elann and Bonds at 20.. to 15.. discount.,
to ge6"? Three-and-a• • Heal per Cents. brought only 116!.
Theretorid Was but a limited business done in the Foreign
Act..s' which generally bore a very heavy value. SpaFnit
per C' ranged from 23 to 23a; portuguese„Netwo
Rra4nts- from 301, to 31 • Mexican from
er were 71, a trivialP rise on yesterday's prices;r
`lll ; Dutch Teo-and-a- half per Cents. aOl to
Th 7"'g.tin Bouds 991.
lower e Shire Market was rather brisk-, but prices ruled
the Great Western brought 21. ; the New 10} to ;
S°Oth..l\t‘b.s' London and Birmingham 74 to 75 ; the
Prerni esters 16i to i; and the Greenwich Scrip 1h
; Brighton Share; were VI to ;
l
kid'i"eater and Leeds 3 ; the New 2; and the
,North
Were 30 discount. London Joint-stock Batikbhares
Th4l to 2:4 premium
'Pt Foreign Exchanges. were steady this afternoon.
lows.` rnhtthtlis' paper was most currently negotiated as fol-
tiro, . •
45f• 6221 C. to 65c. ; Amsterdam 12 3+ to ;
to—.Bl 3137it0 8; Antwerp 12 to 3 ; Frankfurt
I; on Trieste 10 1 to 10 2.
tip r.
to ti chard Julion, who was recently brought
blu,e'n-square, and was then labouring under the de-
goss,, in he was Duke of Clarence, died a day or two
Yoan; a he
of insat,ity. He was a rema-kably fine
ternint.lllll:l,l.l)ossessiricr a highly cultivated mind, and was
B.' a"
Inall the relations life.
inter,,t Benjamin Hall, who has
.taken so much
of the h.oat the building and decorations and fini.hing
t° place In
Reform Club house, in Pall-mall, has offered
t i grand centre saloon a marble bust of her
hVh:stY.,,,,The-work will Le executed by an artist of the
Lo minence.
lee, th RI) GLENLEE.—The venerable Lord Glen-
thati
six father of trio Scottish bench, who has for more
trtia,hmonths been indisposed at Barskimming, was so
take Inlptuvt.d health on Friday last as to be enabled
i1iae5,"2,...,4!ti",," in his carriage, for the first time since his
oP u titasgow Courier.
WheaSSELS, MARCH 10. The average price
t last week was lt3f. 32e., and that of Bye, 11f,45c.