The Sun.
London, England, 1841-10-25 00:00:00

Subsequent events have fully confirmed the accuracy
of the above. The Biscayan provinces have the right to
receive various articles of French manufacture for their
own consumption, free of -duty; and, under the cover of:
this right, immense quantities of French goods are illi-
citly introduced into Spain, and the revenue of the coun-
try is thus deprived of a large sum annually. The Duke
of Victoria was determined to stop this traffic, and the
French were determined, if possible, to prevent hirrt.
For that purpose, therefore, amongst others, they se-
cretly encouraged and supported the recent foolish at-
tempt at insurrection under Diego Leon and O'Donnell-
The result, however, has happily ended in defeat ; an&
as Espartero will soon have an army in the Basque pro-
vinces, he will be enabled to compel them to submit to
the general laws of the country, and to be treated as an
integral part of the S's`e. Their fueros must be given
up, and French contraband suppressed by the enforce-
ment of an efficient cordon fiscal officers along the
frontier. The recent insurrection furnishes Espartero
with excellent grounds for cc mpelFrig tie Biscayans to
submit to such a change in the Si ani ih tariff as must
pave the way for the complet:o i of a commercial treaty
with Great Britain.

TIMES.—The holders of the " United States Bank"
debentures are looking forward with great anxiety to the
election of the future Governor of Mis4ssippi, as the
' Stock of that State is among the securities- for the pay-
I meat of the loan. The great fear is, that a Governor
may be elected who will tread in the stieps of Mr.
' M`Nutt, whose office expires next January, in which
case they have every reason to despair of these securi-
ties being of any value whatever. The cond act of the
present Governor in repudiating the bonds:of the State.
has, as has often been observed, done the greatest do.-
. mage to American credit, not only to that of tlbe single
State, but of the Union generally. Finding snail. prin-
ciples as are avowed by Governor McNutt flourish in one
part of the Union, the capitalists here are alarmed lest
they may find corresponding sentiments in other parts,
and any attempt to raise money here, even on the part
of the Federal Government, would, in all probability, be
a complete failure.
A correspondent at Southampton complains that the,
letters from the south of Ireland, which used to be for
warded via Bristol, and then sent to Southampton by-
the Portsmouth mail, are now forwarded in the first
instance from Bristol to London, the consequence of
w hich is, that instead of their being received at Southamp-
ton at eight o'clock in the morning, as under the former-
arrangemer\t, they do not reach. there till between three
and four in the after noon. To the Southampton mer-
cantile hot's: s ecnne led with the Irish trade this de
is found productive i f the greatest inconvenience, while,,
as direct means of communication actually exist, the?
grievance is felt to be completely without excuse It.
.appears that complaints hove been several times laid.
before the Post-office authorities, but that on etch ecca
sion no answer has le'n received more definite than.that
attention would be paid to thcesubject
HERALD.—The matter of the Exchequer Bills still
occupies a good deal of attention, and some decisive in- .
formation on the subject may shortly be expected. Therese
are various reports in circulation on the subject, which
can only be referred to as such. For example, it' is saki
in some quarters that a portion of. the Exchequer Bill
deposited with the Bank of France some one year and
a half ago, as security for the loan of specie to the
extent of 2,000,0001., has been surreptitiously ab-
stracted and made use of by certain parties to assist
certain speculations which have been going forward
fur some time past in Spanish Stocks. Another account
is that the purporting Exchequer Bills were actual for-
geries. But the singular part of the business is, that
a Director of the Bank, past the Chair, should declare
as he is said to have done, that in - case of the
Exchequer Bills having been obtained by fraud, the
real owner has no redress, although he -may pro-
odfuctehe
bills.the nuTmhbeerresas,
onaimogoubnytsu,,hiaenhdtititlsieonseigtonsaitounreis%
arrived at, is not very clearly stated, although it seems
to be reposed on the fact assumed, that in a similar case
of bank-notes the holder, fraudulent or not, is entitled
to payment of them, non obstant the bona fide owner who
may lodge a protest. Suspicion, however, points at pre-
sent more particularly at the parties connected with the
late luckless speculations in Spanish Securities, more es-
pecially known as the Louis Napoleon clique, as being
connected somehow with these Exchequer Bill transac-
tions. It is of great importance that the matter should
donntearnedst
souffsepricedionf.or
Out
suspicion.
idrritaialdt
eetetopeotonf sited and
alb.
in
cf,
iscinftrei
greatat
y, fodre
hitherto.a l t
ofpresenteegrap regarded
bankersdeexdit)a, s
atsh andto-making
mosmt money dealers
unexceptionableaclveaanl eeress oaren
of all. It is proper to add, that the bills spoken of have
only lately made their appearance on the Stock Ex-
loans on them
moe fl ad-
vancesiaatdiithe
egtel
0: on them
house
gieet
rhrteeehamet t 3
el: attracted ttatied'rniagbtchet:v:

UNIVERSITY INTELLIGENCE.
CAMBRIDGE, OCT. 23.—At a Congregation on Wednes-
day last the following degrees were conferred:--
College Honorary Master of Arts.—Lord Somerton, Trinity
.
Cl Doctor oege.f Physie.—Walter Davis Williams, Corpus
Masters of Arts—Thomas Wood, St. Jofin's College;
Michael Biggs, Pembroke College; Samuel P. Mont-
gomery, Corpus Christi College. . ..
Bachelors of Arts,--Henry William Sherer, Trinity - f
College; Vedey Germaine Hine Trinity College; Joseph
Raw, Queen's College; Cavendish Hervey Foster, Meg-. dalene College. -
At the same Congregation the:following were admitted
ad eundem :—John Charnock, M.A., Lincoln College,
Oxford; Francis Curtis, bI.A., Balliol College, Oxford.
Her Majesty the Queen has been pleased to confer the
valuable appointment of Master of Trinity Colle_g_eo,
__va-
cant by the resignation of the Rev. Christopher
_17,,,p,1,:.,
Words-
worth, D.D., upon the Rev. William WhOVlell " Ajo,,
late. Fellow and Tutor of that College, and Professor i
Casuistry in this University.
The ' first meeting of the Philosophic Society
nounced for Saturday, November G. Th
meetings for the Term will take place on the Mondays,
November 15 and 29, and December_ 13
commence his lee_
The Woodwardian Professor will
br,
and be continued
Se three etherety is an-
tures on Friday, the 29th of (.)
o
re
six days in each week to the end tof
the Public Library.
. .
the Term, at twelve
o'clock, in the Lecture Room, under the new wing of
The follow e- in gentlemen been elected Scholars
have .
University .-
11en, Handheld,
Heknes, E. A
By Mr. Crick.—Harris,
of St. John's College, in this
B. Allen, Hobson, Sergeant,
and Hawarth. Taylor, Body, Parkington, Brett,
..,,
ne„ __T. ,
Hadfield, Edman, Spurrier,
Smith, Cox, and Brame.
By Mr. -.J.) - . ],„- I'. D' S.
- W. B. Smith, Cherrin
Lou,iave
presented the Rev. G. A.
in this University, the re-
-3 of St. .1011 n Tyv Zraland, with a gift of
Selw:°, ted Bishop of I\ e . ,
cently consecra
lue
of 901., as a testimony of their re-
The Masters of E
books, of the va
eel'''.
of 'Trinity re-
spect and est William Bailey, KA:, College,
'iCoillege,
The Rev.
t has been presented to the vicarage of
in this Universt
oyi,d
, by the cession of theßev. J. Litptun
uiting, Esse?'cwolson, Esq., value 1251.
patron, R. i
1 11\inTrd Potter, M.A., Fellow of Queen's College,
3fr. -11 e well known to men of science its an
in this University, .
1 "nvestirratar and experimentalist, has received .
original i .
'appointment of Profeieor of Natural Philosophy and
the UniversityCollege,London,'
Astronomy at in tte place
on
18f Professor Sylvester. Mr. Potter was sixth Wrangler
It is Frederick, second son of Sir Robert Peel, who,
as we stated last week, has entered Trinity College, in this University : he has already obtained high distinc-
tion as a classical scholar at Harrow. His elder brother,
Robert, has entered' Christ Church, Oxford, where. Sir
Robert Peel himself . acquired the eminent honour of a .
double first chiss. - •
On Thursday, the Rev. Henry: Snow, M.A., of St.
Jobn's•College, in ibis University, was instituted hy the
Lord Bishop of GlouCester and Bristol to the Vicarage.
of, Sherborne cum Windrush, in the county -of Glou-
cester, vacant by the cession of the*Rev. George Dand-
ridfe ; patron, the Right Hon, Lord Sherborne.
' he Rev. Thomas COOper Browne,. M.A., of Trinity. ..
College, in this University, has been licensed by the .
Lord Archbishop of York, to the church recently erected
at Darnall, in the parish of Sheffield, on the nomina-
tion of the Trustees.