The Sun.
London, England, 1840-07-14 00:00:00

ROYAL EXCHANGE.

The following Report of the London Bridge and Royal
Ent•-,..il age Ccromittees, was presented to the Common
C yesterday, and unanimously agreed to:—
" To the Right lion. the Lord Mayor, Aldermen, and
Commoners of the City of London, in Common Coun-
cil te:sembled.
" We, whose names are hereunto subscribed, your
Committee for improving the approaches to London-
bridge, to whom, on the 13th day of February last it was
referred to watch the proceedings of the Select Cem-
mitt ce of the House of Commons on Metropolis Improve;
merits, and to report from time to time thereon, do certify
that since the appointment of the said Select Committee
of tly, House of Commons, its proceedings have been
chiefly occupied in revising the several plans recom-
mended by them to the Honourable the House of Corn-
mons last year to be carried into effect, and providing
the funds necessary for that purpose, which is proposed
to be effected by a continuance of the coal duty for a
term of four years beyond the year 1858; and the said Se-
lect Committee have, in addition to the improvements coo-
tained in the report of last session, further recommended
a grant of 25,000/. to be applied towards the continuation
of New Farringdon-street, and 30,0001. for the finishing a
o mraii:3i3ngs
street from the end of Stamford-street to London-bridge.
That the whole of the sum of 150,000/. granted by Par-
liament in pursuance of the resolution of the Select Com-
mitteehavin;
been
nex Metropolitanpetide diia
na improvementsthere bbeing
n
in the
ansynonfr
the further SUM of 50,0001. required for removing the west
block cf Bank-buildings, and the time limited by the Act
for giving notices to owners and occupiers of property
required to be purchased expiring in August next, it is
deemed expedient to acquaint the said Select Committee
with the circumstance, and that it was necessary finds
this wss done by the evidence of Mr. R. L. Jones,
should be provided to complete that important improve-
ment;
Chairman, who was examined before the said Select
Committee on the 4th of June last, and the Ist of
July instant, who stated to the said Select Committee
the consent of Lord Monteagle (the late Chancellor of the
Exchequer) to provide the sum of two hundred thousand
pounds for the improvements in the neighbourhood of the
Royal Exchange ; but that, in consequence of the said
Select Committee only having recommended the sum of
150,0001. to be advanced for the improvements.
That that purpose, a sum of
5 " theL saidwas Selecteq
u
r
their consideration, have expressed an opinion that the sum
of 30,0001. only should be granted to the Corporation for
that purpose, provided they consent to continue their con-
tribution towards theimprovement fund
for an additional
term of four years be and the year 1858, the period to
ire d
Committeet o
taken the same into
which it is at present limited."
That we, your Committee, having considered the said
proposal, cannot agree therewith
;but we are of opinion,
upon a sum of 40,0001. being granted to the Corporation,
that it should be recommended to this Honourable Court,
to consent to allow their
estates to be chargeable for a fur-
ther sum of four years after the year 1858, the period to
which they are at presen chargs
ed. All which we submit."
(Signed by all the Memb of the Committee.)

Papers, that except a
the
ipurroyvihnacaia3l,e beendone.
With regard to the prospects of the harvest,
we have reason to conclude, from the accounts we have from
loiuttrlecorrespondents
:ngrdeathtAnother
week, however, of the weather we have had for the last six,
cannot be looked upon without apprehension. The barometer,
it may be remarked, points favourably—hut this admirable
instrument has been so often at fault, during the last six
months, that people begin to distrust its indications. For
example, for the last two days it has been fixed steadily at fair
—yet, with a few intervals, it has been steadily raining. This
would not be so injurious, perhaps, if the temperature were
high ; but this is not the case—it is chilly and cold, and several
persons—ourselves amongst the nutnber—have had fires in
their sitting-rooms within the last ten days. The thermometer
has been at 53, and perhaps lower. A change, a real change,
appears to have occurred in the climate. We believe that
more rain has fallen within the last twelve months in Ireland,
than in any previous year of which a record has been kept.
Should our present climate continue, there must be a great
change in our agricultural operations.—Dublin Evening Post.
THE POWER OF TRUE LOVE.--A girl in
New York, who has a swivel or screw eye, looked so long and
affectionately on a gin bottle that she drew the cwt.

(FROM THE MORNING PAPERS OF THIS b. 41%)
• (From the Morning Chronicle.)
It has been antiOtificed, with an air of self-gratulation,
that "so far as any further actiVe thedseres en the part of
the Conservatives in the House of Commons are
cated, the Session of 1840 may now be considered at an
end." Jupiter takes repose or recreation, after having
hurled so many thunderbolts. The " troops of indepen-
dent gentlemen," whose attendance on their Parliamentary
and party duty never was surpassed, if equalled ;" not-
withstanding that they are " beset by social blandishments
and allurements, surrounded by the temptations of luxury,
and brought up with strong tastes for athletic sport and
eatiotts amusement, to the numberof considerably more than
300;'' this magnanimous holy ha completed its legisla-
toria achievements for the season, and its scattered Mem-
bers are about to seek renovation for future Titantie
fights: To other eyes than their own, and thOse of their
laudatory subordinates, the doings of this dotighty etas;
appear not quite so magnificent. The really Industietrus
portion of society, whether in commerce or polities, seem
obit to hear, in ail this flourish, the impotence of regret-
ful oasting ;
" My languid limbs I fully stretch,
And think I've done a feat to-day:"
At the same tone, if the party be cot latent in its own
heroism end triumphs, we can only rejoice that the pto-
verbially insatiate addissatisfied character of luxury has
learned so (mail), the lesson of content. The historian of
party will find it a difficult task to ferret out these vaunted
successes of Toryism. 'they require lynt eyed, even while
the ceurse of the yet unfinished session has lost none of its
contemporaneous distinctness. What have the Tories
done, with all their toil; to carp their rest ? What they
brie-not done is very And it ineledaa every leading
eleicet at which they have professedly aimed.
From the Morning Post.)
The Ministerialika ate crewing over the fact that
theiresteoni are still in office. The fact, say they, that
the Cippoliition f s heal baffled and defeated requires no
other proof than this—that, notsvithsfeedieg the utmost
efforts of Opposition, Ministers are still in office, and to
all appearance likely tn boritinue so. This representation
is impudent and absurd. No dppositioh can turn Minis-
ters out of office. They aro the Ministers of the Sore-
feign; riot of the Parliament. Hitherto an Opposition
has ocieSlioterlly etieseiaed tin fnidireet power to put Minis-
ters out, because when men of liotiotireseeiie nth the phrase
with reference topublic matters-=tzars in the Admmlstra•
tien; they deethed it
,cliggrieefifi to tontintie in the position
of Ministers of the Crown after biilitl c€n repeatedly
beaten in Parliament. But Low the nrivers roman" Apra
withstanding repeated beatings in Parliament. The Oppo.
sitibh Lida net eieett defeated; bet it has defeated the
Ministry, so tar as they can be clvtedieci us, Parliamentary
divisions. 'I he present Opposition has done everything
that any Opposition ever did, or ever could have done,
towards turning out a Ministry ; but, notwithstanding the
usual notice has been so frequently given; the Ministers
won't go. 'they require some kind of expulsive forte,
such as uglier before was found necessary. 'the beast of
the present Ministers, that they have not been beaten be-
cause they are still in office- reminds us of a certain per-
son who boasted that he lir:doted got into a quarrel, for
he never had as affair of honour on his hands. this ti its
true, but he had been many times kicked, so that the
proof which he advanced was worth nothing as a proof,
while it was an additional disgrace to him.
(From the Morning Herald.)
The mortification and disappointment expressed by the
Government journals, at the result of Oxford's trial, pretty
plainly indicate the sort of feeling which prevalis on the
subject et Whitehall and Downing street. But whatever
pain and anguish the verdict of the jury may produce to
the Queen's Ministers, and their O'Connellite supporters,
we believe that it diffuses general satisfaction throughout
the country at large. And why should it not? Why
shorild not the people of Englandee.the loyal and devoted
subjects of the crown—rejoice to find, that not only did no
sane man offer violence to their youthful and beloved So=
vereign, but that a judicial investigation of two days has
resulted in casting a serious doubt upon the charge of
any attempt at political assassination whatever. The
jury, after deliberating more than three quarters of an
hour, declared that, although the prisoner bad die-
cl)arged two pistols at the Q'leen, there was no satis,
factory evidence to prove that the pistols were loaded
with ball—and they added that they believed him to he of
unsound mind at the time. This finding the Globe falai-
flee, asserting that the Jury had not directed their attention
in the first instance to the point of the loading of the pis-
tols. Not only had the Jury in the first instance turned
their attention to that poiiit, but when Lord Denman asked
them whether they had or not, the Foreman explicitly and
emphatically answered that they had, and that there was
no sufficient evidence before them to prove that there were
balls in the pistols. However, as we before stated, a
question fit to be discussed elsewhere than in a newspaper,
we understand, may probably arise in reference to the
manner in which the original verdict was dealt with, and
which verdict Mr. Baron Alderson more than once told the
Attorney-General negatived the offence charged in the
indictment.

MONEY MARKET and CITY NEWS•

' . MONDAY EVENING)
HERALD —The continued decline in the prices of
Spanish Stock since the very promising start it took a few
days since, has called forth all the enemies of those con-
cerned for the rise, and accordingly a long yarn appears
this morning in vindication of the good faith of the
Spanish Goverument, the gist of which amounts to this,
that the late large issues of stock at Madrid were not in-
tended to be thrown upon the market, but only to serve
as a collateral guarantee to certain army contractors for
supplying rations, clothing, and:ammunition, who had re-
ceived bills for the amount, for which, if not paid at
maturity, they might have recourse upon this new stock
placed in deposit for the purpose. The bills, we are in-
formed, have not yet run their course, and so
the new bonds remain intact for the present.
This is the sum and substance of all the
rigmarole, the much-ado-about-nothing, put forward
in hr half of higher prices for Spanish Bonds, for such
is the finale aimed at. The " committee, it is said, indeed,
are bcund to take higher grounds, and to discharge their
duty to the bondholders," &c. &c. There are some of
the committee who are entitled to high respect, and coii-
sidered justly as incapable of rendering their functions sub-
servient to other purposes than the defence of the interests
they stand charged with.. There are others whose title to
confidence is regarded as more doubtful, and critical peo-
ple are apt to inquire by what means they got on the com-
mittee at all, and what interest they were placed there to
serve. To be plain, the sooner the committee is broken
up the better ; let them go to a general meeting of bond-
holders if a committee bo really necessary, and cast their
slough. No oae ought to be qualified to sit
in such a eiMamittee but a legitimate holder of Spanish
Bonds, and therefore a real sufferer by the
Spanish Government. Speculators for account have
no business there. As to the new issue of bonds.
said to be placed in deposit as collateral security, a man
must be either a rogue or an idiot who shall pretend net
to see the end and drift of such a farce. When the bills
for which they are said to be guarantee fall due they will
not be paid, and so then the bonds will be sent into the
market for what they will fetch. The scheme is neither
more or less than a " sneaking" repetition of Mendizabal's
fraud under what is imagined a more plausible shape. The
Committee are advised to procure " affidavits" from those
impugning the rectitude of the Spanish finance people in
respect of certain facts ; would it not be better to get the
financiers to exculpate themselves from the fraud chal-
lenged or believed in by other " affidavits ;" which also
would be a favourable opportunity for some of the Com-
mittee to purge themselves similarly from interested con-
nivance, and to show the stake they hold, and how come
by, in Spanish securities, with the particular interests they
are there to uphold. These hints are thrown out of course
with the most friendly intentions, and for fear that worse
may betide.

POST.—The Morning Chronicle is as thick and thin
a supporter of the Spanish Government in all its ma-
nceuvrings as the Earl of Clarendon, and has at least
equal claims with his Lordship to a piece of plate for his
services. He still adheres to the assertion that the Mi-
nister] of Finance, pursuing a straightforward course with
the newly-created bonds, though the main point contended
for, namely, that the deposits had been duly made in the
Bank of San Fernando according to law, is reluctantly
given up as untenable. The Chronicle will, perhaps, see
in a day or two the Minister's admiss;on in the Cortes that
part of the issues have been actually thrown upon the mar-
ket. This, it will be allowed, would be a poser for him.
As to the assurance of General Alava, we have only to
obs,_rve that his Excellency said nothing of the sort im-
puted to him. The General merely expressed his indivi-
ctual and private opinions, referring to a file of the Diario
for an explanation of the matters adverted to. No assur-
ance was hazarded.

CHRONICLE.T.A few days since we mentioned that

the accounts, as to the state of the crops, being rather-;-
favourable, were attracting attention, and the state of the
Corn Market has also become a subject of some anxiety.
The late wet weather, with the chill which is felt in the
atmosphere, and want of sunshine at times, have caused a
good dcal of uneasiness, and a feeling is prevalent that
the crop will not be so abundant by any means as many
people expected. It is acknowledged, indeed, to be thin
on the ground in many districts ; and when we take this
into view, with the circumstances of two bad harvests im-
mediately preceding, we cannot but acknowledge that
fresh importations of foreign grain will be required before
harvest. Wheat is quoted is. to 2s. per quarter higher
than last Monday.

SUN.—The Great iVestern steamer is expected to
arrive from New York to-morrow or Wednesday.
Three settlements fall due this week, one day after the
other. The first, that in the Share Market, to-morrow;
the sec-md, in the Foreign Market, on Wednesday ; and
the last in Consols, on Thursday next. When these tem-
poraricauses have ceased to unsettle the market, we shall
probably have prices again tending upwards. To.day
Consols were about per cent. lower, ranging from 9i
to Excb2quer Bills were tolerably steady at 30s.
to 32g. premium, and East India Boads at 4s. premium.
Bank Stock has remained at 1731 to 1731; and East
India Stock rose to 2531, in consequence, we presume, of
the important•statement made by the President of the
Board of Control at the grand banquet given to Lord
Keane on Saturday by the Honourable East India
Company ; namely, that at the moment perhaps when he
was addressing them, the British Empire in India had,