The Sun.
London, England, 1841-01-14 00:00:00

111111 SUN, LONDON, TiirTRST)AY, JAVVARY 14, Mil.

Batik," and train the issue of Treasury notes instead of 1
others redeemed, arc estimated at $8,790,000, witiei:t
together with the available balance in th.t Trearw-y,
viz , $2,246,749, trit.ke the total means in 1841)
$25,234,512. However, $700,000 of this amount t$
doubtful, as that amount had not been ascertained
to be paid from the hanks. The current expendi-
tures for 1840, exclusive of trusts and the root-otcce,
have been $22 489 349, which, with the addition for the
funded debt and interest for the cities of the district of
Colombia, and the redemption of Treasury notes, is in.
creased to $26,643,65,5, so that the available balance on
the 31st of December, 1840, is computed at $1,590,835.
Proceeding to the estimate of the receipts and expendi-
tures for the present year, he sett down the ordinary morns
at $24,160,855 (including the balance above given)
which, with the addition of a small sum due from the hssnks,
and an issue of Treasury notes under an Act of the 31st of
last March, is increased to $24,723,473. The estimated
ordinary expenditures for 1841 are $19,250.000, which
would leave a balance in the Treasury or $5,473 473,
were not certain other payments to be deducted. These
are on account of the l'uniled debt, and for the redemption
of Treasury notes, amounting in all to $4,649 '2OO, ai,ich
reduces the balance to $824.273.

POST.—The English funds were lower to-day, Con-
sols closing 99i tog for money and for the 15th icstal:t,
:!x. dividend, which is :I per cent. on the opening value.
Exchequer Bills left off at 93. to I Is. prem. ; India Bo ,ds
Si. to eis. dis. ; Batik Stock 16.1 i to ti} ; India Stook
245. to 9f. Ms decline in Consols was ascribed to ft
somewhat considerable sale of stock made in the course of
the morning by the brokers who usually act for the Bank
of England, the operation being assumed to be on account
of the corporation.
_ _

The African Colonizer contains same remarks for the
guidance of persons proposing to embark in Sir T. P.
pßriuor.: :ton's oLn'oafsi r
det,nh tee rp
of
insalubrity r
oise o
id6en t h ger T
ld
of
fs.iNtahii
edsb.
peofotreshe selected
testimonyf
cheetedpubaslic thein
site of the intended colony. Mr. Laird states, in a
narrative drawn up by him on this important sub.
ject, that, upon the occasion of his visiting the Niger
years since, every precaution that medical skill
could suggest was used as a means of averting
the mortality experienced by his party at that pe-
riod. On entering the river double awnings were spread
fore and aft ; the sides of the vessel were raised by canvas
to a height of eight feet from the main deck ; chloride of
lime was daily sprinkled in the forecastle and cabin, as
well as upon the decks. White men were never allows d
to work except under the awnings, and on no account to
sleep exposed to the dew. Every attention was also paid
to their diet. The principal predisposing causes of sick-
ness were, in the opinion of Mr. Laird, the sudden change
from the open sea to a narrow winding river, the want of
the sea breeze, and the prevalence of the dreadful miasma
to which the expedition was exposed from the surrounding
swamps. Of the stench of this miasma be says nothing
but the actual experience can convey the smallest idea.
" In those accursed swamps one is oppressed not
only bodily, but mentally, with an indescribable feeling of
heaviness, languor, nausea, and disgust, which it requires
a considerable effort to shake off." One great cause of
sickness was, he thinks, the want of excitement. Much
opposition had been looked for on the passage to Eboc.
The minds of the crew had been prepared to dare every-
thing, and overcome every obstacle to their progress, but,
with the exception of one trifling skirmish, none was met
with. Instead of excitement produced by a sense of den.
ger, which would have rendered the men in a measure
forgetful of the unhealthiness of the climate, they had be-
fore them every day, during a tedious, uninteresting, and
protracted voyage, only a fist and marshy country.
Mr. Laird is desirous of putting his countrymen about
to take part in the Niger expedition of Sir Fowell Buxton,
in possession of certain practical information before their
departure, which may tend, if acted upon, to hold the
dreaded malady in check. " I would," he observes, " keep
up the excitement of the crew in every possible way, giving
them, when in the swampy country, triple the allowance
of spirits, teeding them as much as possible on fresh pro-
visions, emplyine them constantly, and above all thinge
having music on board. He considers a European going
out to these countries placed in an unnatural position, and
that in such climates the only chance of saving him is in
stimulating him to the utmost, and preventing him, by ar-
tificial aids, from sinking into a hopeless state of dejection.
The African Colonizer affirms that " there is a fatality
in everything touched of late years by Sir Fowell Buxton,"
and expresses a conviction that the attempt to found a
settlement on an island of the Niger, which is announced
to be the first object of his expedition, will prove no ex-
ception to the general abortiveness of his schemes. It is
anticipated, moreover, that the cause of African civiliza-
tion will be retarded by the planting of a colony in Beau_
fort Island, and the promoters of the undertaking are re-
commended, before exposing the lives of their fellow-crea-
tures to the vapours of so pestiferous a region, to have every
cove and branch of the river explored.
The saints are unquestionably taking a heavy responsib'.
lity upon themselves in disregarding, as they would seem
to do, the fearful warnings of experience in the present in-
stance. The philanthropy of sending off several cargoes
of unsuspecting and thoughtless beings to a distant part of
the world, where, in the midst of eternal fogs, they are to
be kept alive only by drunkenness and music, is a philan-
thropy that we cannot understand.

HERALD.—By the simultaneous arrival of three
packet ships dates have been received from New York to
the 20th ultimo. There appeared to bo no question of
the resumption of specie payments by the Philadelphia
Banks at the time fixed in the present month, an event
which it was anticipated would exercise a very beneficial
influence on the mercantile affairs of the Union for the
present year. The most strenuous exertions were neces-
sary it appears, however, to accomplish the object, ald it
3ertainly does not redound much to the reputation of the
yanks, but more especially of the United States Bank,
that in order effect the end proposed it has been necessary,
as it were, to go a begging :n other parts of the Union for
the loan of funds with which to recommence business
The following is the list of contributors
, sad the amount of
contributions levied in New ork in aid of the resumption
of capital stock : Dollars.
Bank of Commerce in New York 150,000
Mechanics' Bank ..... 150,000
Bank of the State of New York
Manhattan Company 50,000
Union Bank
Fulton Bank
Leather Manufacturers' Bank

555 000
Brown, Brothers, and Co. ....................... 63,00)
Prime, Ward, and King 62,000
George Griswold
Nevins, Townsend, and Co.
Jahn Ward and Co.

800,000
It will be remembered that other considerable loans
were advanced by the Boston and some of the Philadelphia
banks in aid of the United States Bank.
After the delivery of the President's Message to Con-
gress the report of ►he Secretary of the Treasury was laid
upon the table. It results briefly from this document that
the total available entries of revenue and other moneys
arising from the issue of Treasury notes amounted, for the
year now ended, Dollars.
to ................................................. 28,234,512

The expenditure
,643,W6

Leaving balance in the Treasury only of 1,590,856

The total receipts for 1841 were estimated at 24,723,473
The ordinary expenditure........ 19,250,000
Other payments
Redemption of Treasury notes... 4.500,000

23,899,200

Leaving balance at the end of the year or 824,273
The account is not very encouraging, more especially
considering the large surplus of revenue over expenditure
in years antecedent to 1837, bist.withal it exhibits an ex-
tremely prosperous condition of fiscal affairs by comparison
with the late official exhibit in the Royal Gazette here
of Whig revenue and expenditure, where it appears that
after formally announcing an excess of expenditure over
income, to the extent of creating a large actual deficit at
the Exchequer, that is an Exchequer in debt to all the
extent, the Commissioners for managing the national debt
acquaint the publie becoming' gravity that it is not
their intention at present to make any more purchases for
account of the Sinking Fund.
For the first time for niany years, and as Mr. Woodbury
the Secretary of the Treasury says, " such a circumstance as
the exports at all exceeding the imports is believed to have
happened previously only six times since the Constitution
was adopted, and then never to an extent beyond 7,916,831
dollars"—the exports of the United States were in advance
of the imports for the year. Dollars.
The exports were ... ••• ••• !31,571,950

•
104,805,891
Imports

Excess of exports on balance ••• ..• 26.766,059
Since the year 1831 the imports were invariably in ad-
vance of exports, and for the year 1839 stood as follow :
Dollars.
Imports 157,609,560
Exports 118,359,004
Resolutions had• already been moved by Mr. Clay
in the Senate and by a member of the other House for
repealing or otherwise stultifying the Sub-Treasury
Bill, and sanguine expectations were indulged in
among the party by whom the election of General
Harrison had been carried that a National Bank
would era long be
proposed if not carried. It seems
however hardly probable that so complete a revolution in
the Governmental system could be effected, whatever the
inclinations of the ruling party, seeing
that although a
complete change in the Executive from the President
.downwards of parties, that is of the majority and minority,
in the Senate and the House of Representatives, cannot
be materially affected for some time to come, if perhaps
at all.
By a vessel from Pernambuco, date not mentionell, ad-
vices are said to have been received f, om the River Plate
to the effect that ni.gotiations had been opened between
the French Admiral Mackau and the Government of
Buenos Ayres, which it was thought would end in the re-
establishment of friendly relations and raising the blockade.

HOLIDAYS AT_ PUBLIC SCHOOLS.-----Mr.
Editor,—Being
an old Etonian, 1 sent my son there, who
during the last twelve months has had nearly five months'
holidays, which 1, in common with many others, consider a
great evil. Being one of a large family,
and having his
own way to make in the world, his prosperity in life must
of course greatly depend on his scholastic acquirements. I
am mysicli too much occupied in my profession to attend
to him properly. I am, therefore, reduced to the alterna.
tive of allowing him
to waste his time in idleness, or incur
the great additional expense of a private tu:or for hi,n
dinlvu his Widays. The very many parents in the 5m.1.0
situation will, therefore, agree with me in saying that addl..
tionalholidays is not the most eligible mode the masters can
adopt of showing their loyalty to our Most Gracious Queen. I