The Sun.
London, England, 1847-06-10 00:00:00

THE SUN, LONDON, THURSDAY
_MORNANCTS JUNE 10, 1847.

THE WEATHER—SUN OincE, JUNE 9.
THEW/WM=IM, Lowestain ; Highest, 60 ; Noon, 57.
BAROMETER, 29.9. WIND W.N.W.; fine.

MOH WATER AT LONDON-BRIDGE TILLS DAY.
Morning .. 26 iniantes after 11. I Evening .. 57 stinntes after 11.

marriages, again, were altogether a purely dynastic
manoeuvre, essentially anti-national, and reflecting
most discreditably on the French character, so far as
the same could be affected by the proceedings of a
subtle and faithless SOVEREIGN, his servile Ministers,
and of a corrupted and enslaved Legislature. Yet, had
the French people enjoyed a franchise commensurate
with their population and enlightenment, such as we
enjoy in this country, and had the number of place-
men in the popular branch of the Legislature been
less, the selfish caprice that produced the Fortification
Bill would never have been gratified, and the sel-
fish intrigue that prompted the Montpensier nuptials
would never have been accomplished.
M. EMILE DE GIRARDIN, Member of the Chamber
of Deputies, and editor of La Presse, recently alleged
in his journal that promises of peerages had been sold
by the Government. The Chamber of Peers, con-
ceiving that this reflected upon their body, deter-
mined to inquire into the matter, and requested leave
of the Chamber of Deputies to summon to their bar
and examine M. EMILE DE GIRARDIN. A Commis-
sion has been appointed to consider of the demand
made by the Peers. The Ministers are said to be
favourable to it. The probability, therefore, is
that the demand will be complied with.
Were such a question to be raised in this country,
ceteris paribus, the House of Commons would deal
summarily enough with the demand. They would
have too much regard to their constitutional privileges
to suffer one of their Members to appear at the bar of
the House of Peers to be examined for any such a
purpose. They would see, moreover, at a glance,
that the dignity of the Peers was not in the least
affected by what had been published, but solely the
integrity of the Ministry. The charge is not that
any peerage has been corruptly obtained, but that
one had been promised upon a corrupt
condition, and that though the condition
had been fulfilled, the promise remained
unredeemed. All, however, that we desire is
that the truth should come out. If the French com-
mit serious constitutional blunders in their mode of
eliciting it they must hereafter remedy them as best
they can. Meanwhile, M. EMILE DE GIRARDIN
has spoken himself in the bureau :—" I maintain the
strict exactitude of my allegations in the Presse. I
said what I meant, and I meant what I said. The
Ministry may deny the fact, but between my affirm-

tion and their denial the Chamber and the country
will decide. I have no fear as to the result. I cer-
tainly shall not give way. I shall defend my asser-
tion, not only in the Chamber to which I be-
long, but in the Chamber of Peers." A
man would scarcely assume this bold and
unflinching tone without feeling certain of substan-
tiating his charge. Should he succeed in establish-
ing his accusation, he may render great service to
his country, by opening the eyes of the people to the
detestable system which is kept in play to corrupt
that Legislature, which ought to be preserved un-
tainted and independent, to prevent a designing
monarch from encroaching with impunity upon the
liberties of France.

If the ways and means by which the national
Exchequer was to be replenished, and funds provide.!
for the payment of the interest of our debt, and for
the general expenditure of the country, were now to
be decided on, we doubt not that a very different
mode would be adopted from that at present in use.
We have pointed out the gross at.d palpable injustice
of taxing the industry of the people for the payment
of that debt, of wringing from the hard earnings of
those who received no property of any description from
their fathers, who must earn their daily bread by the
sweat of their brow, the 28,000,0001. sterling per annnm
required fur the satisfaction of the claims of the public
creditor, by reason of the extravagance or the impro-
vidence of our ancestors. But the impolicy of the
indirect system of the taxation is scarcely less
apparent than its injustice, and forms another
most powerful, if not insuperable, objection to its
adoption, at least to anything like the present extent.
During the past year nearly 45 millions sterling
were levied in this manner, while nearly five and a
half millions were raised by the income-tax—a consi-
derable portion of which fell, however, on the labourer,
and rather more than 4,2.50,000/. sterling by the land
and assessed taxes. The chief items by which this vast
amount was made up consisted of the Customs,
which produced more than 21 millions ; the Excise,
which produced nearly fourteen millions ; and
Stamps, which produced nearly seven million six
hundred and fifty thousand pounds. It will, on in-
vestigation, be found that a much larger sum is levied
from the people by each of these latter methods than
finds its way into the national Exchequer; that the
cost of levying it is far greater in proportion
than by the more direct mode. The charge
of collecting the income-tax, as it is at present consti-
tuted, amounts to something less than 3 1-3 per cent.,
while of the Customs it is nearly 5 6.10, and of the
Excise more than 6 per cent. Here, then, is an im-
mediate benefit to the amount of between 2 and 3
per cent. in favour of the direct system, but that is
little in proportion to the less apparent, but not less
certain, charges that are occasioned thereby ;
for instance, the Customs duties, increased
by about 1,200,000/. for the cost of collec-
tion, are levied, in the first instance, from
the importing merchants ; they, of course, require
a profit on the sums thus advanced, as well as on
those laid out in the original purchase of the goods,
freight, and other necessary charges ; this may at
the most moderate rate be estimated at 10 per cent.
We, therefore, find at once that for the twenty-one
millions net profit there is to be added 1,200,000/. for
expense of collection, and 2,220,0001. for profit to the
importer on his outlay. We have, therefore, over
3,400,000/. sterling levied from the public on the
, Customs alone which does not find its way
Into the Exchequer, while by the direct mode
the collection of a similar amount, even at the
present per centage, would be leis than 7C0,000/.
, in other words, there is more than 2,700,0001. added
to the public burdens on that item alone.
Even this, large as it is, by no means exhibits the full
amount of the loss. The profits of the wholesale ven-
dors, who purchase from the importers, andof the seve-
ral retailers by whom the various commodities are dis-
tributed to the consumer, must also be taken into
account; and if we followed each article from
its arrival in this country until it is eventually made
use of, we are satisfied that it would be found that its
ultimate price was enhanced not less than from 40 to
50 per cent. on the Customs duties ; in other words,
that thirty millions sterling is raised from the public
to provide the twenty-one millions that is applicable
to the public service. The Excise system is even
still more objectionable. It is not only that the
manufacturer charges a profit on the amount of
taxation that he has to pay, and that the different
vendors and retailers require a similar profit
on their respective outlays, but the original cost of
production is greatly enhanced by reason of the re-
strictions imposed by the Excise regulations, which
impede and retard improvements, and practically oc-
casion, in too many instances, gigantic monopolies.
From various causes, therefore, it is not too much to
say that the Excise duties cost the consumer fully
50 .per cent., or, in other words, 7,000,0001. more
than goes to the Treasury. By direct taxation, the
collection of the 35 millions would not cost more than
one million, whereas, by the present plan, it costs fully
sixteen millions sterling, or, in other words, there is
an unnecessary increase of the national burdens of
more than fifteen millions, in addition; to the other
mischievous results that flow from the system, which
are no less injurious to the public morals than to the
national welfare and prosperity.

In virtue of the new constitution of Geneva, the
citizens assembled last week in Council-General,
and proceeded to the nomination of the executive
power. The Conservatives Lenten in the vote for
the constitution abstained from attending, in the
hope, it is said, that many of the Liberals would
not make their appearance, and that the requisite
number of votes would not be given. Although
the Liberals showed a certain degree of coolness,
since nearly 1,500 of them did not come to the
Council-General, the calculation of the Conservatives
was delusive. M. JAMES FA ZY, M. RILLIET-
CON STANT, M. MOULINIE, sen., M. BALTIIAZ ER
DECRET, M. FRANCOIS JANIN, M. FREDERICK
BORDIUR, and M. A. L. PoNs, all members of the
Provisional Government, formed after the revolution
of October 7, were re-elected, and thus constitute the
new Council of State.

fea,nl iu a Berlin L:ter of the 5.1—" rue lexult
of this day's sitting was expected with impatience,

and has filled the capital with joy. The assembly
has unanimously requested the KING to take into
consideration the anterior legislation, the utility
and necessity of a fixed period for the meeting
of the Diet, and to place it at two years. This
was the conclusion of the Committee, with the
exception of an insignificant modification in
the wording. The amendments of M. DE
VINCKE and M. DE SCHEVERIN obtained only a
simple majority. '1 he speakers who supported these
amendments, and who afterwards agreed with the
Committee, are MM. D'AUVERSEVAL, RIEBOLD, DE
LA SCHEVERIN, DE VINCKE, and BOKUM. M. HAUSE-
MANN spoke in a conciliatory spirit, and hastened the
solution. The sitting lased to five o'clock. The
Deputies, on quitting the Chamber, were surrounded
and felicitated on all shies by groups of persons
anxious about the result."

Madrid papers of the 2,1 have arrived.
The Gaceta contains a decree authorising the re-
turn to Spain of Don M AsnEt. GODOY, the Prince of
Peace. The preamble to the decree observes, " That
the life and deeds of Honor are now but of the
domain of history, and that the present generation,
which has nettling to do with such remote events,
considers GODOY not as a man connected with the
interests and passions of present times, but as a
monument of another age, and a vi reek escivd
from the universal destruction which afflicted
Spain of last century." It also contains ano-
ther decree transmitting the Grandessa and
title of the Duke of BAYLEN to the law-
ful descendants of Don FRANcisco XAVIER DE
CASTANOS. The Tiempo states that ESPARTERO is
included in the forthcoming amnesty, but that he will
not be permitted to reside in Madrid for the present.
The convention entered into between Spain and Por-
tugal provides that Spain shall place 14,000 men it
the disposal of the QUEEN of Portugal ; the Spanish
Government is to pay them as if they were serving in
Spain, and Portugal engages to supply the additional
pay they are entitled to as being on service in a
fereign country. On the subject of the operation of
these troops, we find the following in the Heraldo :

" The news of the entry of our troops into the fortress
of Valenza de Minho is confirmed. After compelling
the rebels to raise the siege, our troops, under General
Leseundi, took possession of the place. It will be the
basis of the operations of the army, Vhich will scour
and occupy the whole country between the Deur() and
Minho, arid maintain there the rights of our ally, the
Queen of Portugal. According to advises from Portugal
to the 23d ultimo, the Junta's steamers having passed
the Oporto bar, the blockading ships attacked them,
when a combat took place. After a firing, which lasted
four hours, the Junta's ships were compelled to return
with considerable loss. The Porto steamer suffered
most. The British Consul at Oporto having embarked
with all his family in the English ships in the Douro,
fears were entertained for the safety of the Duke de
Terceira and other devoted servants of the Queen, who
are the Juntas prisoners."

The Clamor Pablico publishes a letter which states

that on the evening of the 28th a Portuguese steamer
arrived at Corunna, conveying an Englishman with a
mission from the British Ambassador at Lisbon to
the Spanish Government. He wanted to proceed
forthwith to Madrid, but as a post-chai-e was not to
be found, he took, by command of the Political Chiefs
a place, belonging to a traveller, in the mail coach,
starting that very evening.

MADRID BOLSA, JUNE 2.—The Three per Cents. 29',Tii
money; 30 paper; Five per Cents 181% paper; Debt without
Interest, 5% money, 6 paper; Coupuns 15 money.

We have received the earls papers of Monday.

The Cnurfier Francais states that at a Council of
Ministers, held on Saturday, on the letter from Mar-
shal BUGEAUD, it was decided that he should not
be immediately replaced, but that leave of absence
for twelve months should be granted to him.
We read in the same paper _

" Letters from Athens state, that at a Council tit
Ministers, held on the 17th ult., it was resolved that th,
arrang ment proposel by Austria should be acceded to
M. Mus,urus will return to Athens and receive a ‘isti
from M. Colett', who will present him to King Otho,
and after passing some days in Greece he will return t.•
Constantinople. He will, it is said, be replaced by II ,litu
Effendi, et present First Secretary of the Ottoman Em
Sassy at Paris, a man of merit and great moderation of
character. When the post. boat was taking her depar-
ture from the PirazaA, the Rainier steamer was getting
up her steam, and was preparing, it was said, to go to
Constantinople."
Letters have been received at Havre from Monte
Video, which state, that on the 23d of March ORIBE
posted a decree, which is evidently aimed against the
French ships, as they, for a long time, have carried
on, almost exclusively, the commerce of that place :

" Shall be considered as pirates, and, as such, be im-
mediately put to death, every master, captain, or otht.r
person, of whatever nation ho may be, who shall be de-
tected in the exportation of cattle, or any other produce
of the country unless they shall have obtainel from us a
license to carry on such trade of dealing."
In the Chamber of Deputies M. GUIZOT stated, in
reply to a question from M. CREMIEUX, that he would
be ready on Monday, the 14th instant, to give any
explanations the Chamber might require on the sub-
ject of the affairs of Portugal.
It was rumoured in Paris that a French interven-
tion in the affairs of Switzerland was not improbable.

The Three per Cents. closed at 771. 60c. ex div.
(which would represent 791.10 c. before the detaching
of the Coupons) ; the Five per Cents., at 117 f. 40c.;
Orleans Railroad Shares, 1,265 f.; Rouen, 972 f. 50c.;
Havre, 660 f.; Great Northern, 605 f. ; Avignon,
7501.; Vierzon, 602 f. 50c. ; Bordeaux, 510 f. ; Basle,
1901. ; Dieppe, 3251. ; Paris and Strasburg, 428f.75c. ;
Tours and Nantes, 413 f. 75c. ; Paris and Lyons,
442 f. 50c.; Lyons and Avignon, 450 f. ; Cette, 4501. ;
Spanish Three per Cents., 35.
MARSEILLES, JUNE 3.-Marseilles and Avignon, 757 f. 50c. ;
Northern, 600 f.
LYONS, JUNE 5.-Paris and Rouen, 967 f. 50e.; Avignon
and Marseilles, 748 f. 75c.; Vierzon, 591 t. 25c.; Northern,
606 f. 25c. ; Paris and Lyons,44of. ; Lyons and Avignon, 450 f.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, JUNE 8.
Boulogne and Amiens, 1614-Northern of France, 113;-
Paris and Lyons, 51/4.

THE MONOPOLY IN CORN.
TO I'HE EDlloli OF THE SUN.
Spt,—The lamentable high prices of provisions, af-
fecting, as it does, all classes of individuals (and espe-
cially the poor), induces me to offer a sugLestion to the
public, through the medium of your kind indulgence.
NO one can deny the failure of the potato crop last year;
but has not the report of a scarcity Of corn in this
country been much exaggerated ? We now frequently
read of speculators and farmer,, in various parts of the
country, having large stocks of wheat on hand, holding
on in the hope of further advsnce in prices, while many
of q.ur poor are unable to purchase a supply of bread ;
and, alas I in poor unfortunate Ireland hundreds have
perished by famine ; and this at a time when the grana-
ries of certain speculators have been almost choked
with grain, thereby tending to .:phold famine prices for
per3onal gain, and thus taxing the poor. It appears to
me, Sir, that a great national calamity is inflicted on the
people by this monopoly in the principal staff of lite; and
I humbly suggest, as a rt medy, that the corn trade
should be placed in some meaure under the power and
inspection of the Excise, to compel periodical returns of
the quantities held by private individuals iu every
county throughout the United Kingdom. This would
enable the Government to know how to provide against
scarcity, and ascertain the real state of the market.
Fwuiriitchhttiri,sela, wouldt
o provide
suggest
should hold beyond a given quantity of wheat (to be
named by Parliament) after it has attained a certain
price. I consider the recent proposition of the Earl of
asp granariesumbloicstexceien, and deserving
t
serious consideration ; and I offer these remarks in
for purchase of
grain by Government,
connexion with such a plan. Certain it is that bread is
very dear, and equally certain that there are large
holders and monopolisers of corn. We are near a ge-
neral election—let then the constituents of England look
to themselves, and select such representatives only as
will pledge themselves to assist in correcting this great
and crying evil, that the Government fail not to apply
an early remedy. And let all remember the words of
Scripture—" Be that withholdeth the corn the people shall
curse him "—I remain, Sir Sce.,_
AN ENEMY OF 'MONOPOLY IN FOOD.
June 8, 1847.

,TO

THE ACCIDENT at WOLVER
TO THE EDITOR OF THE SUZY.
alarmin and astounding account of the
fnmplieity with which g a terrible accident is caused, deal-
ing so much death and destruction, arouses the anxieties
and feelings to discover where or how the remedy lies.
I, Sir, as a rigid observer during years of travel to the
extent of 700 or 800 miles weely on all the railways,
have never failed to notice the every-day apathy evinced
by the. inferior officials to some of the most importmit
details of the railway menage. There has more par-
ticularly appeared to me to be an absence at such im-
portant stations as Wolverton throughout England
(York excepted) of any generally int,lligent, eagle-eyed.,
indefatigable party, who, with energy and delight in
duties, should have to be here, there, and everywhere,
with a strong memory and clear head, to watch over all,
sorts of matters, and see that everything is done that
everybody could wish. There are plenty such to be
had : other businesses have them, why not railways?
There is watching stringent enough that passengers
should not exceed their° province or tre,pass on the
companies' interests; but here is a lever which a child
can and earpihle of hurlin,.; howl, -ds
h-""'the charge of one in,tividuai.
Again, is higgag, aorj mre,il trail'' are exp .eteo at
Wci ton siwultaneoLki. here ~hotild be a ,tither.:,,in lights or signals. According to evidence the officers at

the station saw the train diverge (to their astonishment),
and were powerless. Granting that at inferior stations,
where there is no congregation of carriages, a poll( eman
is sufficient for such a purpose, it is the more obvious
that at such a station as Woherton there ought to be
such a watching. rul►ng power of tne working minutia;
as I name above.—l am, Sir, &c.,
I. L. W., Commercial Traveller.
June 8, 1847.

MONEY and COMMERCIAL NEWS.
(From The Sun of Last Night.)
The Cotton Market at Liverpool closed heavily yesterday.
Sales 2,000 bales only, and pric,s rather in favour tf buyers
ter American and Surat. In other kinds there was no
change. American, 1,500 bales, sold at 6d. to 7%d. oer lb.
•ilwity Shares experienced a general decline, and with a
dull market.
The sale of Railway Shares, yesterday, by Messrs. La-
mond awl Co., went. off at about previous prices. The toi-
lowing are a few of the principal sales:—
:south Yorkshire, Doncaster, and Goole ....£1 5 0
Great Northern
Reading, Guildford. and Reigate .... 5 0 6
Ambergate, Nottingham, and 805t0n...... 1 5 0
Manchester and Southampton
Boston, Stamford, and Birmingham
North Statlerdshire ....
South-Eastern and Dover, No. 4 4 15 0
West Riding Union
Great Luxembourg
Louvain ale Sambre
Madrid and Valencia 0 15 0
Derby, Stafford, and ‘Vorcestershire .... 011 0
East Lincolnshire
Shropshire Union and Canal 2 5 0
We have no late ship arrivals to-day, but the news from
the continent is still of a favourable tenour, in respect to
the crop:.
So many cases of hardship, connected with the obtainment
of places of trust, have cane under our knowledge,
during an experience of some years, that we consider
there were scarcely any institutions more needed than such
as would afford to parties receiving appointments a ready
and,equitable means of obtaining guarantees. In some re
marks by Mr. James Knight—" Private and Public
Guarantee for Persons Appointed to Places of Trust Con-
sidered"—the case is clearly stated. The writer ob-
serves :—" Until the year 1842, surety for the good
conduct and faithful discharge of the duties of persons
so engaged, was provided entirely by the bonds of
private individuals—viz., friends or relations. But
the subject of surety since that period has, owing to the
in-
crease and character of the institutions of almost every de-
scription which have come into existence, involved an extent
of national importance which has led to the adoption of
public guarantee, under the bonds of a public company, duly
authorised for that purpose.
" But the cases in which private bonds have been vitiated
:lave led to results which demand attetWon ; and it unfor-
tunately, and not unfrequently happens, that the most unot-
pected events will in one hour, destroy the private
bond of its value, Among these may be mentioned
death, bankruptcy, &c. In such cases the calamity not only
concerns the party whose misfortune may have rendered the
bond invalid, but the assured, who has to seek among his
friends for a substitute to succeed to this responsible trust.
" But there are other reasons why persons requiring surety
are inconvenienced, and their views impeded, if not frus-
trated. It has of late years become a customary stipulation
by persons of all professim and trades, upon entering into
partnership, that no member of the firm shall be permitted,
urin any pretence or consideration, to become security for
the fidelity- of others."
It is gratifying to know, therefore. that in February last the
Lords Commissioners of the Treasury determined to acceiit
the security of public companies on behalt of parties engaged
in tee service of the Crown, and that the system has been
extended so as to be available to parties receiving appoint.
ments abroad.
The Corn Market to-day is dull, at about previous rates.
In the English Funds business has been brisker to-day.
Consols have realised 877,s to 88% for present transfer, and
88A/, % for account; being improved ra!es. Exchequer-
bills are 3s. to 6s. premium; New Thee-and-a-Quarter per
Cents. are 881/2 to 88%. Bank Stock realises 195.
The Foreign Securities have been quite neglected. Spanisn
Five per Cents, have been quoted 21!4, and the Three per
Cents. 331 A Portuguese Four per Cents. have realised
293 A to 30%. Mexican Bonds are nominal. Dutch Two-
and-a-Halt-per-Cents. have been 5514. The inquiry becomes
now more frequent, the Portuguese dividend be paid ?
Railway Shares have been rather better.
aca'ltst; k'oN OISE
O'CIA)CK.

CLua.G
PRI 11.-,
Built Stock •• •. • . •• •• •• •• 195
enree per Cent. Reduced Annuities 86% 87 86% 876 87
Priree per Cent. Consols Annuities 88 57% 68% sBl4
View Three-awl-a-quarter per Cent. Anna. 88%% 88
Long Annuities, Expire Jan. 5, Is6o .. 8 15-16 8 15-16
India bonds. LOW:. • • • • .. par Far
Ditto. under 1,000/. .. .. 2 4 p 4 p
South Sea Stock .. „ „

nn«.~.n"c Opening, July 16 iless
India Stock for Account
Three pet" Cent. Comois, icrip .
x,n,luer isins I %,1
t,0001...
Ditto. mall

6 3 6 p
9 6 p
12p
•ENE
OV.,OCK.

FOREIGN FUNDS.
Portuguese Bonds, 5 per Cent .. ..
Ditto, 4 per Cent .. . • .. 291 i
Ditto, tor the Account .• 313,1
Russian Bonds ..
S •antyt Bonds. 5 per Cent
Ditto,s per Cent. '38,39,40, d1v.1840
Ditto • • • • .• • • .. 1841
Ditto .• • • • • • • • • 1843
Ditto .. • • • • • • • • 1844
Ditto • - •, .. • • • • 1845
Ditto .. •• •• •• 1M46••
Dittt• •• • • • • • • 1847 15%
Ditto, Deferred .. 1434
Dim). Three per Cent
Ditto, for the Account
Dividend.. on the above payable in Lenlon,
Belgian Four-and-a-11x11 per Cent ..
Ditto, Two-and-a-Half per Cent

214
203 g
19%
181 i
11'34
164

131.J8LNILMn
rIiACES OF CLOSING
RAILWAY SHARES. RAID. DONE AT
NE O'CLOCK.
Birmingham and Oxford Junction 10 O..IGSI7T6'3iIC- 17%. " 'l7;
Binning., Wolver., and Dudley.. 10 .... 14% .. •. .. l 4
Caledonian .. 35 .. .... • • .... 29y,
Cheltenham and Oxford .. .. 2 .... • ..... 11,2
Eastern Counties ~ 20 3,6 .. 19%
Ditto, York Extension 7k.... 6% • ..... 6%
East Lincolnshire .... 714 .. • ... •• .. 7%

Great Northern 2 1%•..••... 1%
Great Southern & West. (Ireland) 30 .... ...... •• .. 2334
Great North of England . ..100 .. ••.•• • .. 231
Great Western 85 ....113% ...... •. . 114
Ditto, Half Shares .. .. 50 .... 67 ...• ...... 67
Ditto, Quarter Shares .. .. 12 .... 17 ••• • .. .. 17
Ditto, Fifths .. 20 .... 26 26
Ditto, New .. 43.4 .. • 8
Hull and Selby .. •• 50 ....103 .......... 103
Lancaster and Carlisle .....0 .... .• ........ 61
Leeds and Bradford • • .. .. 40 .... 86
London, Brighton, & ,outti Coast 50 .... 53 52% .. • •
London an North-Western ••t 00 •. • • ••••.. • • • •

Ditto, Quarters L. and B. T .... 23 •• • • ......
London and south-Western 41/. 69.10 d... 65 66
Ditto, acrip • • .. • • .. • • 5 ....
Manchester and Leeds .. 82 . .. • • ....
Ditto, Fifths .. 5 .... 878
Ditto, New .. .. 36 .• .. 3934 40 ......
Ditto, New .. .. 6 .... 8 ajy 4
Do., Consol. Bristol and Birm.

4%
102

bya
11*(2

per Cent. .. .• .• 100 .... 126 12514 ...... 1256
Newcas:le and Berwick • • .. 20 2634 263
I)itto, New .. • • .. • • 5 .... 64 • .
Nortollt ..100 • ••• 127 12514 127.. 127
North British • . .. • • • . 2i •• .. —..........32_

D•tto, Extension .. • • .. % • ... •• .•
Ditto, Thirds .. • • • • 1 •• • . 2%•..•....•.
North Staffordshire .. 7%.... 9% %..• . • ...
Oxford, Wor'ster,llz Wolverhamp. 22% .... 13!4 . • ..
Preston and Wyre.. • • .. 25 •• .. 3514 364
Ditto, Half Shares (A) .. 8%.... ..........
Ditto, flail Shares (B) • • .. 1
South Eastern an,, I)uvor 33 t,f3 .. • • 38% .... • •
Do.. New (do. 301.) .. N 0.3. 15 .... 14% ..........
1-to.. New (do. 1014 .. No. 4. 5 .... 434 • • ••• • •
South Wales .. .. 10 .... 714, ... •••• • • •
West Riding Union • • • ..4/.23..... % dis • • ......
York and Newcastle .. 25 .... 3654 37 ......
Ditto, New.. .. .. 10 ... 14% %.•
Yurit said North Midland .. 50 .... • • ••• • • •
Ditto. Extension • • .. 25 -••• • - • •
Do. E. and W. Ettdinir Eaten • 10 .• 1914 .. •••• • •
rttitKlo ILAtLWAYO.
Central of France (Orleans and
Namur and faetre •• .• .. 10 .... 314 %•••• •• • •
Nurtz.ent France • • .. 8 .... 11,4
Orleans and Bourdeaux .. 6 .. ••••• • • • • •
Paris and Lyons • • .. 8 .... 5 %•••• . • • •
MINES.

Real del Monte. enreestered 7.1.-:.-- .... 34.... ...

15%
3
tl
514

MONEYS IN THE EXCHEQUER.
An Account of Moneys in the Exchequer, or remaining to
be raised, on the 29th May, 1847, to complete the aids
granted by Parliament tur the service of the years 1845
anti 1846.

Consolidated Fund, 10,869,239/. Is. 7d., per To raised,
Act 8 and 9 Viet., c 130 .£326,716 4 1
cous,lidated Fund, 8,356,173/. 17s. 11d.. per
Act 9 and 10 Vict., c. 116. 966,604 16 11

X 1,293,321 1 0
J. PARKER.
Whitehall, Treasury Chambers, 4th June, 1847.

COURT CIRCULAR.

The QuPen and Prince Aatert, accompanied by the
Prince of Wales and the Princess Ro)al, took an airing
yesterday in an open carriage-and-four. The Equerries
in Waiting, Lord Alfred Paget and Colonel Bouverie,
attended on horseback.

Their Royal Highnesses Prince Alfred, the Princess
Alice, and the Princess Helena, took their usual airings
yesterday in the royal pleasure grounds.
Her Majesty and Prince Albert, attended by the
Mistress of the Robes, the Duchess of Sutherland ; the
Lady in Waiting, the Viscountess Jocelyn ; the Lord in
Waiting, Lord Cainoys ; the Equerry in Waiting, Lord
Alfred Paget ; and the Equerry in Waiting to his
Royal Highness Colonel Bouverie ; left the Palace at a
quarter before eight o'clock last evening, for Marl-
borough House.
Yesterday her Majesty the Queen and his Royal High-
ness Prince Albert honoured the Queen Dowager by
dining with her at Marlborough House. His Imperial
Highness the Grand Duke Constantine, their Royal
Highnesses the Hereditary Grand Duke and Grand
Duchess of Saxe Weimar, and his Royal Highness the
Hereditary Prince of Lucca :were of the party with their
respective suites.

In the evening the Royal family, and a few other per-
sons joined the circle, and Millie. Lind, Messrs. Lablache,
Staudigl, and Gardoni, had the honour of singing. Herr
Kuhe presided at the piano.
Her Mak:sty and his Royal Highness Prince Albert
inspected yesterday two specimens of papier mache
chairs, new designs, richly ornamented in gold and co-
lours, which were submitted by Messrs. Jentiens and
Bettri4e.
Their Royal Highnesses the Duke and Duchess of
Cambridge, attended by Baron Knese-beck and Mr.
Edmond Mildmay, visited the Botanical Gardens in the
Regent's rafk yesterday.
A deputation, the Earl of Rosebery, the
Duke of Montrose, Lord Kinnaird, Lord James Stuart,
Mr. Edward Elliee, jun., M.P., and Mr. Sinollett, M.P.,
had an interview with Lord John Russell yesterday, at
his official residence in Downing-street.
Baron de Moncorvo, the Portuguese Minister, trans-
acted business yPstt•.rday at the Foreign-office.
Mr. Adair had an interview with the Earl of Claren-
don yesterday.
The Ecclesiastical Commissioners for England had a
meeting yesterday.
Mr, A :.14 sin ie!.-,,eri,•ov with trt^ Right How
a d y.(Awe lie Cowin:,
•,: It.to I,; '

.N 11". had E 1,13 ptSi.vrauy WWI
Lord John Russell.

MAGAZINES (CONTINUED).
7 HE PA

The story of " The D.oigerous Guest" is con-
cluded in this number, and an almirably narrated
story it is. The "curious trial" for the month is the
trial of the Duchess of Knigston (the far-fiumd Miss
Chudleigh of the court of George the Second), for
bigamy, which affords a curious illustration of the lax
state of morals among the aristocracy of England,
even at so ldte a period as the year 1776. This nuni-
ber also omnams, in addition to the annotaled obitu-
ary f,r the month, much useful information in get,e-
alogical and heraldic matters.

VANITY Part Vl.
If Mr Thackeray were by s,,me unfor,,scon
op die to- ne.rrbw his name ,(,uld i.e traumiliced

down to posterity—not by his Yellow plush Corres-
pondence, not by his Snob papers, not by his Jeames's
Di-irv, not even by his Tirma,rsh Sketches (clever
though all these things he. yet they are merely (rda
giornata), hut by his " Vanity Fair." Even shoul,i
the work never he concluded, the six parts already
published would he sufficient to secure him an
immortality He is the Fielding of the nine-
teenth century. In the opening chapter of this
part we find Mrs. Bate Crawley in pos-
-ssion at Mi-s Crawley's, in Park-lane, doing
her het to frighten her relation into an illness and an
alteration of her will. In this project she has two
useful allies in Briggs, the companion, and Firkin,
the ladies' maid, both of whom hate Rawdon Crawley,
and whose services she has secured by promises :

Who was the blundering idiot who said that fine
everds butter no parsnips ?' Haif the parsnips of so-
eiety are served and rendered palatable with no other
sauce. As the immortal Afexie Soyer can make more
delicious soup for a halfpenny than an ignorant cook
can concoct with petted of vegetables and meat, so a
skilful artist will make a few simple and pleasing
phrases go farzh r than ever so much substantial bene-
fit•stock in the hands of a mere bungler. Nay, we
know that substantial benefits often sicken some sto-
machs ; whereas, most will digest any amount of fine
words, and be always eager for more of the same fuod.
Mrs. Bute had told Briggs and Firkin so often of the
dep'h of her affection for them , and eh 4t she would du
if she had Miss Crawley', fortune for friends so excel-
lent and attach, d, that the ladies in queition had the
deepest regard for her ; and felt as much gratitude and
confidence as if Mrs. Bate had loaded them with the
most expensive fav:.urs.
" Rawdon Craw'ey. on the other hand, like a selfish
heavy dragoon as he was, never took the least trouble to
coneWate his aunt's aides-de-ea:np, showed his contempt
for the pair with entire frankness—made Firkin pull off
his boots on one occasion—sent her out in the rain on
ignominious messages—argil if he gave her a guinea,
flung it to her as if it wer,• a box on the ear. As his
aunt, too, made a batt of Briggs. the captain followed
the example and levelkei his jekes et her—jokes about
as delicate as a kids from his charger. Whereas, Mrs.
Bate consulted her in matters of taste or difficulty, ad-
mired her poetry, and by a thousand acts of kindness
and politeness. sfiowel Ilir appreciation of Briggs; and
if she made Fe kin a twopenny helfreany present, ac-
cempaiiiei it with so many eemplimenis, that the two-
I noy was transinu:ed unto geld in the heart
of the .erateful waiting maid, who, besides, was to king
forwards quite contentedly to some prodigious benefit
which meet happen to her on tau day when Mrs. Bute
came into her fortune.
" The different cenduet of theme two people is pointed
out respeeVully to the attention of persons commencing
in the world Praise every boy, I say to such : never

be squeamish, but sr,eak out Nt•ur erkmphment hnth
point. blink in a man's face, behim.l his bark, when
ot.l know there is a rf-asonab!e chanee of his h...aring it
ag4iti. Never lose a chance 01 saying a kir.d word. As
Collingwood never ,aw a v,cant phee in his estate but
he took an acorn ~ut of his !.ocket alid popped it in ; so
deal with your coinplooetits through life. An acc,rn
costs n-,thing; but it may sprout i,ito a prodigious bit
of timtwr.

.• Inc a word. during Rawdon Crawley's prosperity,
he was only obeyed with sulky aequiescence ; when his
disgrace came, there was note, ly to help or pity him.
Whereas, when Mr-. Bute toA the command of Miss
Crawley's house, the gatri-et, there were charmed to
act under 'll a leader, ems- ctil,g all sorts of promo-
non from her promises, her generosity, and her kind
words."
Mrs. Bute Crawley, however, rather overdoes her
part, and Miss Crawley is made really ill, so that to
keep her alive it. is ne.iessary she should take exercise
in the open air. She tikes a drive in the Park,
and meets Rawdon and Rebecca. Under the
guidance of Mrs. Bute, she gives theta
the cut direct, hut Mrs. Bate, afraid to risk any more
such interviews, removes her to Brighton, where they
are followed be 1.1.a110u and Rebecca. At Brighton
the whole dramatis persona, of the tale are re• assein-
bled. George 0.,,b,,rne, contrary to the wishes of his
father, but, with the full assistance of Dobbin, has
married Amelia Sedly (whose father, the once rich
stockbroker, has become bankrupt), and is spend-
ing the honey-moon at. Brighton, where he
meets with Rawdon and Rebecca, and where
he is soon after joined by Jos. His sisters have made
the aequaintanee of the rich Miss Swartz (the mulatto
pupil at Miss Pinkerton's), and to her old Osborne
would fain see George united. George, however, as
we said before, has married Amelia, and is in
Brighton, at the same inn with Rawdon and
Rebecca.
" These two young couples had plenty of tales to
relate to each other. The naarrages of either were dis-
cussed: and their prospects in life canvassed with the
greatest frankness and interest on both sides. George's
marria.:.:e was to he made known to his father by his
friend Captain Dobbin; and youne Osborne trembled
rather for tne result of that communication. Miss Craw-
ley, on whom all Rtvvdon's hopes depended, still held
out. Unable to make an entry into her house in Park-
lane, her affectionate nephew and niece had followed
her to Brighton, where they had emissaries continually
planted at her door.
"' I wish you could see some of Rawdon's friends who
are always about our door,' Rebecca said, laughing,
* Did you ever see a dun, my dear ; or a bailiff and his
man? Two of the abaminable wretches watched all last
week at the greaal..;r.ver's opposite, and we could not
get away until Sunday. If aunty does not relent, what
shall we do?'
" Ravvflon, with roars of laughter, related a dozen
amus'ng anecd,,t, a of his duns, and Rebecca's adroit
treater:, nt of them. lie vowed with a great oath, that
there was no woman in Europe who could talk a creditor
over as she could. Altnost iinmediately aft-T their mar-
riage her practice had begun, and her husband found the
immense value of such a wife. They had credit in plenty,
hut they had bills also in abundance, and laboured under
a scarcity of ready money. Did these debt-difficulties
affect Rawdon's good spirits? No. Everybody in Va
nity Fair niti4 have remarked how well those live who
are comtortably and thoroughly in debt ; how they deny
themselves nothing ; how jolly and easy they are in their
minds. Rawdon and his wife had the very boat apart-
ments at the inn at Brighton; the landlord, as he brought
in the first dish, bowel before them as to his greatest (itis-
tomc•r: ; and Baadrn abus,,d the ilinrers and wine with
en a wiacity which no grandee in the land could surpass.
appearance, fault', as b ots and
Long cult 'm, a manly
e othes, and a happy fierceness of manyer, will often
help a man as mush as a great b ilancit at the banker's.
.* The two wedding parties met constantly in each
other's apartments. Atter two or three nights, the gen-
tlemen of an evening had a little piequet, as their wives
sa'e and chatted apart. This pastime, and the arrival
of J e Sed ey, who made his appearance in his grand
upt+n carriage, rid who played a few games at billiards
with Captain Crawley. replenished Riwdoit's puree
,onie what, and gave ban the benefit that ready money
for wt:ich the greatest spirits are sometimes at a
stand still.
"zio the three gentlemen walked down to see the
Lightineg catieti come tip. Punctual to the minute, the
eoaeh, crowded inside and out, the guard blowing his
accustomed tune on the horn—the Lightning came tear-
ing down the street, and pulled up at the coach. office.
" I there's old Dobbin." George cried, quite
delighted to see his old iriend perched on the roof' ; and
whose prowls, d visit to Brighton hal been d, layed until
now. • Hoe are you. old fellow ? Glad you're come
down. Enitny 'ii be delighied to s, e you,' Osborne
said, shaking comrade warmly by the hand, a• soon
as his descent from the vehicle was effected—and then
he added, in a lower and agitated What's the
news ? Have you been in Russell square ? What does
the governor say ? Tell me ever)- thing.'
" Dobbin look, d very pale and grave. 'l've seen
your saLi he. * flow's Amelia— Mrs. George ?
I'll tell you all the ins presently ; but I've brought the
great news ; and that is—
"' Out with it, old fellow,' George said.
" We're ordered to Belgpm. All the army goes—
Guards and all. Ileavytop s got the gout, and is mad
at not being able to ino,,e. O'Dowd goes in command,
and we embark from Chatham next week.'
" This news of war could not but come with a shock
upon cur lovers, and caused all these gentlemen to look
very strious."

THE COMIC lIISToRY OF ENGLAND,

No. XII.

Merrily does Mr. a'Beckett take us through the
earlier part of the reign of Henry_ VIII. He relates
that "sad affair of the late Queen" (Katherine) with
great gusto, tells of the magnificence and tall of
wolsev, and of the rise of Cromwell and Cranmer,
and concludes with this nil,: ction.
" The contemplation of so much hypocrisy, in such
high quarters, having put us E 0 thoroughly out of
patience that we are unable to ;proceed, we break off
here with the remark, that tergiversation and treachery
have ever been common among even the highest in rank,
and
so we fear they will Cfnitintle to be until—ha ! ha
—THE END OF THE CHAPTER."

T.-1111'01E.
Albert Smith improves with each succeeding
number. Alt the characters are now fully developed,
idiosyncrasies of each are admirably pre-
first chapter Patsy is conducted by
to Professor Fandango's Temple of 'Terpsi-
chore.
It is arranged that she shall become his pupil
fasSo'nrcrdoivtsettliiXire niontiis, becoming an extra ininiediately
at one of the theatres, and devoting an hour
every day to the mysteries of tuition. She
is also at once to give up street dancing;
so her molwr =TO
1 ,tre obliged to pl-o•
a substizJ . (,!;r.vls,sPii resp,otive
met.it6 dog:4, peilthadog inw)Leys, and
fautoccini Punch, comic singing, and gymnastics,

t ~!}:

they finally decide in favour of conjuring. Mrs.
Hamper succeeds in again fastening herself on it
tits
Gudges. They decide on ascending the
St. Bernard the ladies to proceed vie vhsr"
-a-bane, while Gudge and Christopher afe
to pedestrianize. Gudge loiters behind, and at length
loses his way and gets into the lower morgue, or
lead-house of the convent, where he is greatly
(Tightened by the ghastly appearance of the bodies of
those who have perished on the mountain. In
his
terror he falls into a mountain-stream, and is with
great difficulty preserved by Clui,topher, who draws
him to a rock at the bottom of a ravine, where,
breathless and exhausted, they both sink to the
ground. Gudge is horror-stricken at the prospect of
death; he exhibits himself a most abject coward-
He is on the point. of revealing to Christopher the
mystery of his birth, and the manner in which be
(Gudge) has wronged him, when they are rescued hi
the monks and dogs, and brought to the Hospice.
Poor Bessy Payne gets into a sad scrape, and'
Sir Frer.feri!,k takes Fanny Hamper to the
ball at Richmond. 13,:ssy accompanies- them,
according to the rash promise she had given.
.S;,e has been obliged to refuse to accompany Sprouts
to Vauxhall, who is dreadfully indignant at the order,
which had obtained with much difficulty, beias.
lost, and still more at the secrecy which Bessy
is
ohli,ed to preserve as to her intended exhibition,
escapes
And
parts for the first time in anger. Fannyh ball,
e esc
easily from the school, and enjoys t
but on her return to Belifield House is re:
ceived by the stately Mrs. Sadler, who has discover
her 10
her absence. Sir Frederick abandons
the most. heartless manner, and drives back Bessy
London. Sprouts has spent a miserable and restless.
night, and at past five o'clock sees Bessf get
saltnight,
,4 when she
of a cab driven by a gentleman.
him she uttered an exclamation of fear, and rained__.am
_
her hands in an attitude of supplication. To
m
his
caught her firmly by the arm, and in his terrible pas
-
caught
a word escaped his lips that he often and otte.
afterwards would have given worlds to hoe recalled
—a terrible word, that made poor Bessy shriek 'N.4I
terror as she heard it, and then fall faintin gThereher
own door, white and senseless as marble.' o
is an additional engraving also, in return for the o
which was deficient last month.

P; ()UGH.
This useful periodical eff irds more than the ustla
quantity of valuable information to agriculturiest
and others intere,•ed in flaming pursuits in the pre'
flop
sent number. There are articles on the cultiva
of cabbaes, of rape or cole, beet, carrots, parstliPs;
&e fr w,1143) even tile practical working fern
le
rill find his knowleige increased, and an one
return for his outlay. The great article, /11
;
ever, is that on the "Improvement of Waste Land_Ld
Irelan i," by Professor Donaldson, which will p05',1
the grPate,t interest for every philanthropist son gin
well-wisher of the Emerald Isle at this the sea.
her sore distress. The Professor boldly states tail
the evils of Ireland are not political, but social,tha alt
that physical comf,rts are the first things t
happy cap
advance civilisation and render a people ha
a human being must be fed and clotlied before be.
be taught ; and, consequently, a healthy and nutrits.oure
diet for the sustentation of the body and ttlinu
the first and most essential requisite eve 64
consideration of human affairs. Impressed wive
these principles, and convinced that the peoPle have
an interest and indefeasible right, that is paramou
to the proprietor's right of purchase and occupsee t;t
to be maintained by the soil on which they live,
Learned Gentleman proceeds to develop his 011 to
practical improvement—a plan which, if carried Ind
execution, would lead to the regeneration of hellion:
end the happiness and prosperity of her childr.s_
This plan is of tne most comprehensive characrx;
The first point is by intersecting the country with d
judiciously and well-selected system of railways
tramways, by which a free communication, a re
access, and the means of easy transit from one
be
of the country to another, may be provided•
next important step is by the formation of river be
and water-courses, on which proper sites for the my
of machinery in mills should be ohoseo.
the
Every facility for the drainagerofessor,
lands will thus be given. The P
selects from 50 to 400 acres as the size el
the farms that should be allotted. He then proeeeas
of the
through the various proceedings, the location
farm-building 9, the erection of dwellings, the enclosill
of the land, and the improvement of the soil, on ea;
of which points he offers valuable suggestions. }lle
spouse
further desires that no less than two shillings
be paid as the daily wages of labour, and that, in ord,l
to enforce that regulation the Government shoat
retain the proprietorship oftthe improved lands. th r, :
iog stated his plan for the support of the people
p-i:al comforts, he adds his views as to the bes
mmhy
odec of making provision for their secular educatiOl
and religious instruction. The number will be fouttel
in every respect a good one, and the article to whiell
we have alluded well worthy' of the most patient pe
rusal and attentive consideration from men of evert
class and position in society.

. ~_ • .
4
~.10..,..4,
'-,1,,,x-,01,6 ik „Loy
i, ,-; lOW 4 0,41L7,-artir- 0, als,„„,„. ‘Il ‘ iv- . •
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