The Sun.
London, England, 1841-02-02 00:00:00

THE SUN, LONDON, TUESDAY, FEBRUARY 2,184 t.

If Acts of Parliament could fix men's opinions
it might be reasonable to declare that the Church
shall be upheld, and the House of Peers shall be
preserved ; but as long as opinion is formed and
determined by circumstances and events, and as
long as institutions depend on opinion, it is pue-
rile in statesmen to say, as if they could command
the universe, Our institutions shall be maintained.
How, if the nations will not have the institutions,
can they be maintained ? But it is plain from the
discussions of the press that opinion as to political
institutions and political principles is everywhere
unsettled, and till it he settled it is little better
than absurd to talk of giving permanence to in-
stitutions.

This unsettled state of opinion is shared by
statesmen both at home and abroad. They are
in a situation in which they are bound to act.
They are lashed, in fact, into exertion by
the public demands and by the fears
of rivals. There are about a thousand legis-
lators, now assembled in and about West-
minster, looking for something, having occa-
sionally something to. recommend or to censure,
and without, as long as opinion is unsettled,
compass or chart to guide them, and even with-
out a knowledge of the port they are to steer for.
This is the source, we believe, of the intrigue
which flows about power, which may, from the
more disturbed state of opinion in France, rise
higher there than here, but which is as visible
here as there.

It takes, indeed, a somewhat different form in

the two countries. In France the Monarch
stands for much more than in England. In
England the Parliament must be won, the con-
stituencies must be bribed, or seduced, or
cheated, and in England intrigues are directed
to this end. In France they are directed to sup-
plant a Minister in the good graces of the
KING, and to control the appointments of Pre-
fects and the Parliamentary majorities. Here
the gold of the Carlton Club bribes the consti_
tuencies ; then the fears of timid men of pro-
perty are appealed to; next, loud-sounding ap-
peals on behalf of the Church and of Chris-
tianity are put forth; afterwards, Bills are
proposed, under the pretext of promoting morality
and preventing perjury, to disfranchise opponents;
and the timid men of property and the friends of
the Church, who have some alarm, perhaps, for
their salvation, gather round the Bills, and are
used to break up a Government, or obtain power
for a rival. In all that, the intrigue is as disgust-
ing as any intrigue carried on in France to get
place ; and is as destitute of generous motive or
patriotic spirit as the passive watchfulness of M.
MOLE, or the restless activity of M. THIERS.

By the packet-ship Cambridge, wind-bound
off Cork, at which harbour one of the passen-
gers landed, and proceeded immediately to Li-
verpool, we have received New York papers of
the 9th of January. We extract from the New
York Herald of that date a somewhat dismal
account of the state of the Money Market,
which we would fain believe is rather exagge-
rated. If the United States Bank be in the
dangerous position represented, it is fortunate
that the danger is discovered while Congress is
in Session, when some remedy more effective
than General JACKSON and Mr. VAN BUREN'S
cash currency system may be adopted. If the
immediate resumption ofspecie payments threaten
to compel the United States Bank to stop pay-
ment altogether, the Legislature must see the
necessity of affording that institution such fair
protection as will enable it to keep faith with all
its creditors. Thy falling off in the bank busi-
ness dwelt upon by the Herald is accounted for
by the uncertain state of the law, and the con-
stant intermeddling of Congress with affairs
which were best left to the control of merchants,
bankers, ancLmen of business :
(From the New York _Herald, Jan. 8.)
PANIC IN THE MONEY MARKET.
The panic caused by the United States Bank returns is
so intense as to have a great influence upon the question
of resumption. The anxious inquiry now is, will the bank
in its weak condition stand the storm? and if not, will the
other banks be able to stand without her ? All confidence
in the institution is gone ; and the same alarm which bad
seized the stockholders will extend to the billholders and
depositors the instant the bank opens its doors for the pay-
ment of specie. It has raised a whirlwind, which even a
strong institution would find a difficulty in braving.
The United States Bank has not the means of standing
for an bour before the slightest disposition to discredit it.
According to its returns, its immediate assets and liabilities
are as follow :

Specie at New York and Philadelphia 11,725,087
Bank-notes, ditto ditto 707,441
Foreign Bills and Balances

--_-_,
$3,468,461

Circulation booramomairap—...mt...
9,336,000
Deposits due in New York and Philadelphia— 1,869,022

$11,205,
Beyond this there is not the slightest means available022
by
the bank, except at the greatest sacrifice, and the mass of
its securities are such that they are daily becoming worse.
During the past year, the bank seems to have tried to
raise its credit. It is now worse off by several millions of
dollars than it was this time last year, and that of actual
cash. The report of the Dividend Committee states, that
the actual money paid out during the last six months,
for expenses, interest, and foreign loans, &c. was
$400,000 more than the gross profits. The same expenses
are net only going on, but increasing the interest on
loans, &c. Protested paper is constantly accumulating,
law expenses and agency disbursements are growing
heavier, while the business of the bank is falling off at
the rate of 7,000,000 per annum. The loans decreased
this amount from January, 1840, to the date of the latest
statement.

The excess of the expenses over the profits for the next
six months must be over $500,000. The stock last Ja-
nuary sold at 80, and is now at N.
If the bank last year had, as we advised, boldly resumed
its payments, its credit would have revived, and resump-
tion would easily have been sustained, the effect of which
would have been a revival of business, that would have
carried up the value of her securities, and placed her in a
comparatively safe position. The private interest of the
speculators that misdirect her would, however, then have
suffered. The bank has gone on from worse to worse,
until she is driven to a resumption amidst a panic, raised
entirely by the publication of her true position.
United States declined 24 per cent.
North American Trust and Banking declined I per cent.
Delawares and Hudsons receded i per cent.
Vicksburg improved par cent.
Bills on the South were worse.
Sales on Philadelphia, 1 per cent. discount.
Baltimore, to 1 discount.
Mobile, 5} to 6} discount.
The Proceedings of Congress were exciting
little interest. Tranquillity prevailed in Canada,
and no outrages disgraced the frontier :
eaop o s
esthat
On the Cambridge passing Sandy Hook she saw the
dLeisvnerrtpeodo,
an
nndd t
hNew
CaptainY°rk npfatchkue t&inanlbr
i
GarrickPidg u p n shore,
she must become a total wreck.
FURTHER PARTICULARS RESPECTING THE GARRICK.
The Gulick was seen ashore on the woodland about
twenty•five miles south of Sandy Hook. Oa the evening
of the 7th, a vessel called the Porte Bluni passed near
the Garrick, when Captain Pederson se: his signal,
which was immediately answered by Captain Palmer, who
hoisted Mr. Collins's signal, of New Yolk; the wind at
the time was blowing violently from S. S. W. Another ves-
sel confirms the report, and the Captain states that
the passengers and crew had crowded on the
, quarter deck
- and the sea was making complete
breaches over her. Captain Pederson was of
opinion that all the passengers and crew might possibly
have been landed, otherwise they must have suffered se-
verely during the night. The latest reports state that a
schooner passed the Garrick sufficiently near to discover
her name. Tile vessel was a total wreck, and not a
single individual t‘as seen on board, but the schcon,r could
ant pos4thly render ‘V‘, llei;r that only
twelve pa;,,,tugcrs wn•e on board.

The Levant mail has arrived, bringing advices
from Constantinople of the 7th, Alexandria of

selves ; the changes are already found not to an-
swer the intended purpose, and men's minds,
however fast the leaders of both political parties
may clinch and rivet our institutions, are en-
tirely unsettled, and there is no solid foundation
on which to fix them.
Take for example the Church. That rests,
and must rest, wholly on opinion. No coer-
cion, no bribery, can prop it up against the
sense of the community. However loud the
parsons may preach, and whatever sums of
money they may coax out of the pockets of
indolent gentlemen and timid ladies, however
much they may say in praise of their own call-
ing,—when the people desert it, when it is proved
to be inefficacious, when its claims to promote
morality are ascertained to be hollow, when the
multitude instead of listening to the parsons
ock at them and their doctrines, no State arti-
fice can uphold the Church. If statesmen cannot
unlearn the people the experience of the last half
century, if they cannot revive in the hearts of the
people a voluntary respect for the clergy, if they
cannot suppress knowledge, their assertion that
they will support the Church will be mere idle
talk.

An article recently appeared in the Hampshire
Telegraph, reflecting on the System of Instruc-
tion pursued on board her Majesty's ship Excel-
lent, specifying in particular that the measure-
ment of distance is neglected, and expressing
a trust that after the late " exhibition at Acre,"
the officers in future will be instructed in this
respect.

We have thought it our duty to inquire into a
question _bearing so directly on a point involving
the efficiency of our navy. We are informed
from authority on which we implicitly rely, that
the fullest and most clear instructions, both theo-
retical and practical, are given in this branch on
board the Excellent, and at the Fire-barns on
Southsca Common.

On reference to the book of questions on naval
gunnery, emanating from the Excellent, and
issued for the instruction of the junior officers of
the navy, we observe that the rules for firing
are based on the knowledge of the distance, and
that the simplest and most useful methods of as-
certaining it are given there, to which are added
tables for facilitating the process.
It so happens that the tbllowing words, ex-
tracted from this work, rebut directly this sin-
gular charge :

" But it is indispensable that the distance should, in all
cases, be correctly ascertained, and a simple and practical
way has been shown of obtaining it."
A comparison has been drawn between the
Commander of the Stromboli, and Lieutenant,
now Commander, GRENFELL, for the purpose of
proving that proper instruction is not given in the
Excellent; the inconsistency of the writer will
be obvious when the simple fact is stated that
both these officers were educated intheExcellent.

We have received the whole of the Paris
Journals of Friday and Saturday. They are still
occupied with the interminable debate in the
Chamber of Deputies on the Fortifications Bill.
A brief but sufficiently explicit report of the
proceedings in the Chamber will be found in
another part of The Sun.
The debates in both Houses of Parliament on
the Address in answer to her MAJESTY'S Speech
from the Throne, have put the Ministerial
Journals in better humour lath the Government
of this country than even we anticipated.
The Journal des Debats of Friday and Satur-
day devotes seven of its columns to the speeches
delivered in the Houses of Lords and Commons,
in addition to which it has the following remarks
upon the subject, 'which are worthy of notice, as
indicating on the part of the Court a disposition
to cultivate more friendly relations with this
country :
We publish at length the debates of the English Par.
!lament, in order that the country may judge how little
truth there is in the daily declaration of fallen parties.
When we see every day repeated that France is degraded
from the rank which she occupied in the world, we expe-
rience a feeling of jealousy and sadness at seeing her sta-
tion and her influence vindicated by those very adversaries
who combated them, and whose glory has come of our
mistakes. Why should the blows which strike us always
be dealt by ourselves? For while the French press and
Parliament declare that France is humbled and degraded,
the English press and Parliament represent us strong,
great. and respected as ever. Thus the foreigner is more
French than ourselves, and provides us with the modesty,
the dignity, and the patriotism which we have not shown
ourselves. What particularly attracts our attention is
the unanimity with which men of all parties, without any,
exception—Tories, Whigs, and Radicals—express their re-
spect for France, their sympathies for its people, their
regret to see it separated from England and Europe, and
their desire to see it re-enter on honourable terms into
the European confederation. The speech of Lord Pal-
merston had peculiar interest: Wo will not, yielding to
the kind of intimidation which surrounds his name, re-
cicve with mistrust the sentiments which he expressed
in accents of sincerity ; nor shall we bumble the pride
of France, in showing too much gratitude for his cordial
words. In times past they might have found an echo
here. But to-day, how much passion and awakened
enmity will they have to pierce through, how much
hatred will they have to overcome I The wound still
bleeds, and requires time and efforts to heal it. The Eng-
lish Government expresses the firm hope of seeing France
rejoin the Councils of Europe. All honourable men here
have the same desire. What country would embrace a
policy of universal enmity? And after, and in despite of
all, can we forget that the English nation is the only one
which can repeat in concert with France the word of
liberty, which still frightens the rest of the Continent—
the only nation which in the day of universal incertitude
stretched out the hand to us without asking where we came
from, or whither were we going ; the only nation in fine
to whose friendship onr past revolutions are no bar?
There is very little general news of any inter-
est in the Journals of Friday and Saturday, from
which, however we subjoin a few extracts :
The Oreste brig arrived at Brest on the 26th of
January from Monte Video.
The Droit had stated that in the domiciliary visit made
in the residence of M. Auguste Johannet, editor of La
France, the latter owned that the letters had been in his
hand, but that they were no longer in his possession. M.
Johannet has written to that paper, declaring that he said
no such thing. The Commissary asked M. Johannet if
he believed that these letters existed, and that they were
not forgeries. Johannet replied that the policy of the
journal in which he was employed would not allow him to
doubt their authority, about which nobody had to answer
but himself till the day of trial. The Commissary continued
his search, which led to no result.— The Constitutionnel.
On Friday evening the Ministers came to the Tuileries.
There was a great movement, in consequence of the im-
pression made by the debates in the Chamber.
At noon, Lord Granville arrived at the office of Foreign
Affairs. Though M. Guizot was not there his Excellency
went in with a voluminous correspondence in his hand, and
stopped there half an hour. M. Guizot was at that time
at the Department of the Interior, in close correspondence
with M. Duchatel. At one o'clock they both proceeded
in the carriage of M. Guizot to the Palais Bourbon, where
several Ministers of the Commission of Fortifications had
been assembled since twelve o'clock.—Le Commerce.
Bet:sins, JAN. 30.—The Senate will be convoked for
the I.sth of February, or sooner, in order to be able to
vote in time the budget of the expenditure, in which pro.
vincial votes of credit have been voted for the first two
months of this year.
A letter from the frontiers of Italy of the 17th of January
to the Cologne Gazette says, " Letters frem Rome state
that two eminent persons belonging to the Russian Lega-
tion, one a Protestant and the other of the Greek religion,
have embraced the Catholic faith. This news, which
needs confirmation, has caused a great sensation at Rome.
The recal of those two persons to Russia is considered as
inevitable."

A letter from Charleroy of the 26th announces that a
powder mill had blown up that morning ; two persons were
killed, and seven seriously injured ; the neighbouring build-
ings had not sustained any damage. The cause of the ac-
cident is not ascertained.
B 0 URSE..—PARIs, SATURDA Y, JAN. 30.

, --- - --•
fleet Highest Lowest Last
re. ric, P
French 5 per Cents ll2Price 5O ... 112 70 ...112 50 ... 112 rice 70
4% per Cents ......
4 per Cents 99 ... 09 ... P 9 ~ 99
3 per Cents 77 10 . 77 15 ... 77 10 ... 77 15
B .nA of r ranee
owlgian Bank
5 per Cents... VEIi ... VSW ... LSD ... IPN
3 per Cents: 6B 50 —. 68 50 —. g 8 A ... 66 J 1
Dutch N per Cents 51% „. 511,i ••• 51iii .„ 51%
spaii,,h Active 25% ... 251 i ... 251, ... 25i,
Passive 6N ... 61i - 6'l ... 6.?,i
Neapolitan
!lii7lar
.... 1007,‘
.., 160% ... ROA, ... HAJA,
• - -- - ' ---

RAILWAY SHARES.
:it. Germain
Ve B
L.B. .....
485 48.5 ... 485 .485

Orleans ..

Straf,tiurf, to Bak- ••• •••
21i 75 244 75 ... 247 50 2H 75
teuen

FREE TRADE.—Society has cut away, one
after another, all its imaginary safeguards, and has now
nothing left but Free Trade. Free Trade is our last
sheet anchor, which we must put our trust in or go to
pieces. If the condition of the lower classes be not
rendered more comfortable titan it is at present by means
of Free Trade, a great democratic struggle may ulti-
mately come ; in which, after the loss of millions of
lives, it will be admitted as a great truth fur evermore
that " Property has its duties as well as its rights,"
which are not perfectly fuifilled by yielding to human
beings, reduc•d to mere money. making machines, a pit.
tance on which they cannot by any possibility exist. Capi.
tal, in return for the security which society guarantees to
it, o,ses more to society than this. The moral and phy-
sical condition of the masses cannot be so totally overlooked
as it has hitherts been without the greatest risks. Quid
Leyes sine Moribus? What are laws without morals ?
So long as riches are the only deity that we worship, we
fear that the masses must continue to be the slaves of the
capitalists were the constituency of the kingdom ten thou-
sand or ten millions.—Merlin
We are now enabled to confirm the intelligence
which ate some time since announced, that the Governor-
ship of Greenwich Hospital has been offered to and ac-
cepted by Admiral the Hon. Sir Robert Stopford,
G. C. 8., G. C. M. C. The successor to this gallant officer
in command of the Mediterranean Fleet has not yet been
fixed on.—Naval and Military Gazette.
DESERTION OFISEAMEN.—The Port 2f Tyne
Pilot has an account of what t,-,ok place Leture the Ma-
gistrate. at North Shields, on Tueadi:v last, in reference
to a charge against a captain of n vessel belonging to that
port having ;11gal:v detained end secret, a.sailur-dessc-
th^ at nrandieli. The party cLarp,,d !:c:s
to answer to two informations of a like character'to the
oFe which Wag 41 not proven" on Tuesday.

the same date, Athens of the 10th, and Malta of
the 16th ult. The news from these several places
will be found in another part of the Sun. The
most facts stated in them are that Admiral
WALKER, Commodore NAPIER, Captain FA N-
SHAWE, and a Turkish officer of high rank,
were hourly expepted to arrive at Alexandria
to claim the surrender of the fleet, and to
announce to MEHEMET ALI his pardon and
restoration to the hereditary government
of Egypt—that the plague had broken out at
Alexandria and Acre—and that IBRA HIM PACHA
was still at Damascus, awaiting the issue of the
negotiations between MEHEMET Au and the
SULTAN, and watched by a Turkish and Syrian
force of 15,000 men, ready to enter the city on its
being evacuated by the Egyptians. The reports
alluded to in the letters from Smyrna and Alex-
andria, of a great victory obtained by IBRA HIM
over the Syrians, is unfounded.

MONEY and COMMERCIAL NEWS

( From The Sun of Last Night.)
MANCHESTER STOCK EXCHANGE, JAN. 30.—There has
been a little more activity in our Market to-day. Manches-
ter and Leeds, Halves, 32, 324, 32k; Bristol and Exeter,
24, with New ; Manchester and Birmingham, 24i;
Do. Extension, 21. 16s. 6d., 21. 17s. 6d. ; South Lan-
cashire Bank, 51.
LIVERPOOL COTTON MARKET, SATURDAY.—The sales
this day arc 6,000 bags, of which 2,000 have been taken
on speculation, chiefly Americans, at Friday's quotations.
The Jersey Gazette of Tuesday last publishes the fol-
low in!? :—" We are glad to inform our readers that the
French Post-office is re-established; since its temporary
abrogation the annoyance and losses suffered by persons
who havo commercial relations with France, were
quite intolerable; letters were frequently ono week
at the General Post-Office before being delivered.
We have received the Journal of Antwerp of yesterday's
date.

BOURSE or AMSTERDAM, JAN. 29.—The Bourse was
weak to-day, and the prices in general were lower. The
Integrals fell to 49i; the Actions of the Society of Com-
merce also lower to 15* Ardoin's Spanish was offered
22 9-16; Coupons were also less sought after at 20i.
Accounts received from Naples of the 12th January
state that a violent shock of an earthquake took place at
Reggio during the night of the 4th inst., which caused
great ravage. The palace of the Intendant, that of Jus-
tice, and the cuisine of San Agostino, with the prison San
Francino, as sell as the residence of the Governor of the
province, were in complete ruins. Several private houses
were thrown down. The inhabitants took refuge in the
country, where they built huts. It was also felt at Mes-
sing, where it must have done some damage; we are not
yet in possession of the details.
Our chief arrival this morning is from the United States,
bringing very unfavourable accounts reppecting the United
States Bank, which caused a great panic at New York,
and it was doubtful whether it would resume payments.
This is certainly an unfortunate event for the shareholders
in this country, who hold them to• a large amount. Not
being in possession as yet of the American papers, we
cannot give any further particulars en the subject.

Consols, which left off on Saturday at 89i for for Feb.
25. opened this morning at the same quotation, since which
the above event hai had a little effect on the British mar-
ket, and Consols are flat at 89k; for Money, 89a ; Ex-
chequer Bills, 4 6 prcin. ; Bank Stock, 165 167; India
Stock, 246 248

In the Foreign Market Spanish Active opened at 241
24k, a shade lower that. they left off on Saturday; De-
ferred, 124 13; Passive. 6i 64; Portuguese left off at
32i, at present 32k; Three per-Cents. 20k; Brazilian,
72f 73} ; Columbian, 22?-, 234 ; Mexican, 274 28/ ;
Dutch Two-and-a-half per Ceuta., 504; Five per Cents.,
981- 991.
SHARES.—Great Western, 271 28k prem. ; New, 13
14 prem. ; London and Brighton, 6f 6 dig. ° • Blaekwall,
431 dis.; Southampton, 54 58f per share; Birmingham,
88 90 prem. ; Croydon, 12} per share; Greenwich, 81.1
share; Manchester and Birmingham, 15 14 dis.
PRICES OF SHARES THIS DAY AT ONE.
RAILWAYS. Paid. Per Share.
Great Western
Ditto New
London and Blackwall
South Eastern and Dover
A French paper received this morning states, that a
grand ball was given by!theo Com t the day before yesterday;
the English uniforms were more numerous than those of
the French; an English officer who was present hod before
him the medal of Waterloo, two of the French officers
followed him for a long time, making a number of allu-
sions to it, but the English officer remained silent.
The British Market has been inactive during the morn-
ing, and we do not hear of a feature worth notice. The
unfovourable intelligence from America has no: had any
effect on the market to the present time. Some persons
do not believe the whole of the statement respecting the
United States Bank in the New York Herald, and are
waiting the arrival of the files of the papers. United
States Bank Shares are quoted in our market at 121. 10s,
Consols at present 891, have been 894 for the Ac-
count ; Exchequer Bills, 5 6 prem.; India Stock, 248 ;
Bank Stock nothing done.
In the Foreign Market the chief business doing was in
Spanish Active, which has fluctuated during the morning
I from 24k * ,at present 244; Deferred I2i ; Portu-
guese, 31i ; ower Colombian 224 ; Mexican 27k, also
lower; Dutch Two-and-a-Half per Cents. 50, shade
lower; Five per Cents. 99.
In Shares little doing. Great Western, New, 63 ;
London and Blackwell 18k ; Manchester and Leeds New
Shares 27; South Eastern and Dover 13.

CLOSING PRICES.
BRITISH FUNDS.

Bank Steck
3 per Cent. Red B9a Ditto Bonds
3 per Cent Cons ...... .. 89* Ditto Old Annuities —
34 per Cent Red...... .. 98i Ditto New Annuities ,
New 3i per Cent .. ... 97i Ex. Bills, 1,000/....2id 6pm
New 5 per Cent Ditto 500/ 6pm
Long Annuities to expire Ditto Small 7pm
Jan. 1860. l3b Bank Stock for Acct ...
Oct 1859 lndia Stock for Acct ...

Jan. 1860 l2i Consols for Acct B9i
FOREIGN FUNDS.
A ustrian, 5 per cent... Portuguese, 5 per cent.
Belgian, 5 per cent Ditto, New Ditto....
Brazilian Bonds .. .. .. Prussian, 5 per cent....
BuenosAyres, 6 per cent -- Russian, 5 per cent. . .
Chilian 6 per cent — Ditto, Metallic '—
Colombian, 6 per cent — Spanish, 5 per cent 241
Ditto, 1824 - Ditto, Deferred .. 12

Danish, 3 per cent..... French,s per cent —f —c,,
Greek.lB2s, 5 percent. Exchange —f —c.
Mexican, 5 per cent.... 2i7 French,3 per cent —f. —c.
Di to, 6 per cent, 1825 Dutch, 2 per cent 5O
Peruvian,lB2s,6 per ct. Ditto, 5 per cent..... 984

F 0
.1E ARTS.

BRITISH INSTITUTION.

There are several excellent pictures in this ex-
hibition, not a few indifferent ones, and two or
three little better than mere daubs. Sorry are
we that we must:number Mr. Turner among the
daubers; but whatinjustiee can be said in praise
of his picture (No. 104) entitled " Snow-storm,
Avalanche, and Inundation in the Alps," where
the cohniring.Seems laid on hap-hazard, without
the slightest regard to truth or propriety of effect,
and the speettitor is absolutely puzzled to make
out what on earth he IS looking at ? No. 112,
" Blue Lights to warn Steatii-boats of Shoal-
water," by the same artist, is a little—and but a
little better, Mr. Turner should beware how he
perils his reputation by indulging in such caprices
of art as those we have jtigt alluded to. He is a
triumphant master of colouring when he pleases,
and in his earlier and better days produced some
landscapes, chiefly Italian, worthy
.to vie with
any that tnoderri times have witnessed ; but
whether success has spoiled him, or he has be-
come utterly indifferent to fame, we know not,
but certainly some of his recent pictures have
been remarkable for nothing so much as fantastic
absurdity, As for the fine poetic fancy that lie
once infused into his productions, of late years
we have been unable td detect eifen a glimmer-
ing of it. No. 159, " Eagle and Illttelt Cock in a
Highland Glen" is from the pencil of Lee, one of
the chastest and most spirited artists of the
day, and who, we are Klad to see has lately
been made an Academician. The figure of
the royal bird is drawn with great freedom
and vigour of expression, and the wild, misty
character of the narrow mountain glen, with the
foaming, stream leaping from rock to rock hi the
midst of it, and sending up its showers of spray
on all sides, is truthfully and forcibly sketched.
No. 236, " Hampton Ferry, Middlesex, with the
Bell Inn," is an agreeable sylvan scene, by
Mrs. Arnold, painted with much of the natural
simplicity of Gainsborough. No. 240, " The Eve
of the Deluge," is by Martin, but certainly not
in his most impressive manner, for in the first
place, it is too stiff and formal in style ; and
secondly, it does not convey the idea which
the artist would wish to express. No. 310, "A
Frolic," is one of Knight's lively, unexaggerated
delineations of English domestic lite. The
figure and face of the naked little boy, whom
his young brother is drenching with water,
scooped up in the hollow of his hand from the
wash-tub, are full of appropriate expression.
No. 341, " Napoleon Bonaparte in the prison
of Nice," contains one striking figure, that of
the young hero and future Consul and Em-
peror, who is painted with strict regard to the
exact descriptions that the Duchess D'Abrantes
has given of him in his younger and obscurer
days. No. 3.50, " Statues of the Vocal Mem-
non on the Plain of Thebes " is one of Roberts's
fine Oriental sketches. The perspective is ad-
mirably defined. Altogether the collection may
he pronounced neitherbetter nor worse than usual.

The following ,tidvertiseinent ;s literally copied
frriai a Nrw Jersey- Paper To Lc Aohi, on thy of
.rdy, 131 soil at !me, Or proptcy 4sf eJlitleLt
about to retire from business. Nute...-1.14 cheats are
rich out obstinate.".

CITY, MONDAY EVENING.
We had, in addition to the intelligence from Ame-
rica, some unfavourable reports in circulation respect/
ing the stoppage of one or two houses in the City, and
this depressed Stocks. Consols for immediate transfer
opened in the morning at 89k, receded gradually to
89k, and closed at 891 tot. For the Account the
current quotations of the morning were 89i up I, after-
wards 891 to and at the close of business 80i to.
Exchequer Bills ranged from 4s. to 6s. premium ; East
India Stock was steady at 248, the New Tnree-and-a-
Half per Cents. brought 97/ to and the Three per
Cents. 89i to
Excepting in Spanish Bonds for the account, the
transactions in the foreign market were very unimport-
ant. The news by the Lisbon mail led to no activity
in Portuguese Stock, which was heavy at 311, and
the Three per Cents. were not dealt in. Spanish Ac-
tive Bonds were marked 244 to for immediate trans-
fer, and 241 to 1 for time ; Mexican Stock receded
to 274 to ; and Colombian. 22i to ; Peruvian was
at 16 ; and Dutch Two-and-a-half per Cents. were
dull at .50.
The Share Market partook of the same dull charac-
ter as those for Stocks. Great Western Railway were
at 28 to 27, the New at 121 to 13, the Fifth at 61
to 6f, Blackwell 4, and North Midland 25 discount.