The Sun.
London, England, 1840-07-23 00:00:00

LONDON, THURSDAY, JULY 23, 1640.

NEW SETTLEMENT OF
A USTRALIND.
Under the WESTERN AUSTRALIAN COMPANY.
DIRECTORS.
CHAIRMAN—WILLIAM HUTT, Esq., M.P.
DEPUTY CHAIRMAN—JOHN CHAPMAN, Esq.
T. H. Brooking, Esq. I Jacob Montegore, Esq.
henry Buckle, Esq. Geo. 4. Smith, Esq., M.P.
Charles Enderby ,Esq. I Capt. M. H. Sweny, R.N.
James Irving, Esq. E. Gibbon WakeSeld, Esq.
SECRETARY—Thomas John Buckton, Esq.
CHIEF COMMISSIONER IN A or-- A LIA—M. Waller Clifton,
Esq., F.R.0..
f Messrs. Smith, Payne, and Smiths.
BA NKERSI Messrs. Wright end Co.
STANDING COUNSEL—Francis IVPDonnell, Esq.
SOLICITORS—Messrs. Few, Hamilton, and Few.
The Company are now disposing of allotments of Rural and
Town Land in their new Settlement of AustrAind, terms and
particulars of which may be obtained on application at the
Company's I-house, No. 6, Adelphi Terrace, London.

10N.1 A N BAN K.
TEMPORARY OFFICES, No. 18,
ALDERMANBURY.
DIRECTORS.
Charles Barry Baldwin, Esq., Charles Hancock, Esq.
M. P. Colonel Sir Frederick Hankey,
William Brown, Esq. i G. C. M. G.
Edward Henry Darell, Esq. James Hunter, Esq.
Oiiver Farrer. Esq. 'John Horatio Lloyd, Esq.
Sir Andrew P. Green, R.N., Richard Norman, Esq.
K. C. H. John Wright, Esq.
BANKERS—Messrs. Wright and Co., Henrietta-street.
SoLICITORS—Messrs. Farrer and Co., 66, Lincoln's-inn-,fields.
The Court of Directors hereby give notice that they are pre-
pared to grant LETTERS of CREDIT and bills on their
establishments at Corfu, Zante, and Cephalonia; and also to
purchase bills on the same places.
The terms and further particulars may be obtained on appli-
cation at their temporary (aces, as above.
By order of the Court,
WILLIAM KETTLEWELL, Secretary.
London, April 13, 1840.

NORTH BRITISH INSURANCE
COMPANY,
4, NEW BANK BUILDINGS, LONDON
1, HANOVER-STREET, EDINBURGH
37, COLLEGE-GREEN, DUBLIN.
Incorporated by Royal Charter.
Established in 1809.
Capital, One Million.
PRESIDENT—His Grace the Duke of SUTHERLAND.
Viscount MEL VII.LE.
V s
1"-PRESIDENT. The Marquis of ABERCORN.
LONDON BOARD.
PRESIDENT—The Earl of CAMPERDOWN.
VICE-PRESIDENT—Lord Viscount STRATHALLAN.
CHAIRMAN—Sir P. Laurie, Alderman.
DEPUTY CHAIRMAN—Francis Warden, Esq.,
BANKERS.—The Union Bank of London.
LIFE ASSURANCE.

The System adopted I;ytV;Coiporation combines the Prin-
ciple of Mutual Assurance with the security of a large Sub-
scribed Capital and the suppoi t of an influential body of pro-
prietors.
Those who pay the Participating Rate of Premium share in
the Profits to the extent of Two-Thirds guaranteed against all
Responsibility by the Capital of the Company.
Ponuses may be either added to the sum insured, or applied
in reduction of future Premiums.
In addition to the ordinarz rates, Tables of Premiums have
been deduced, making the SUM INSURED PAYABLE on
the PARTY ATTAINING the AGE of SIXTY, or at his
DEATH, if it occur sooner.
Advances are made by the Company on its Policies to the ex-
tent of their acquired value.
Policies assigned to Thitd Parties for onerous causes are
placed on the same favourable footing as if the Insuranoa had
been originally effected by the Assignee.
Moderate Extra Rates are charge? for risk of Foreign
Climates.
No Entrance Money charged.
The Premiums are moderately rated at all ages, and are so
modified by ascending and descending scales and otherwise, as
to suit the object of every Insurer at the least immed ate out-
lay, whether to secure a Debt, provide for his Family, or to
convert Income into Capital for his own use.
Prospectus, Tables of Rates, and every information, may be
had on application to Messrs. B. and M. Boyd, the Resident
Members of the Board, No. 4, New Bank-buildings, London.

it!_? EDUCTION of POSTAGE to ONE
4! HALFPENNY ! ! !—TO ADVERTISERS.—The
GOVERNMENT POSTAGE ENVELOPES, the best
Medium for Advertising ever offered to the Public. Price of
Envelopes to Advertisers, Sixpence per Dozen ! Guaranteed
Circulation Five Thousand Copies.
Advertisements received at the Envelope Office, 21, Little
Queen-street, Westminster.

Published this day, price ss.
TURNER'S ILLUSTRATED EDITION
of " THE EPICUREAN and " ALCIPHRON."
By THOMAS MOORE, Esct
Author of " Lalla Rookh," &c.
One Volume foolscap Bvo., Elegantly bound in cloth.
Four Engravings by Goodall, from Designs by J. M. W.
Turner,
London : John Maerone, 1, St, Martin's-place, Trafal:!ar-
square.

Published this day, price chic Shilling, s'itched in an appro-
priate and characteristic cover,
FOUR HUMOROUS SKETCHES from
" THE MONITOR."
DESIGNED by TIMOTHY TICKLE.
On Thursday, July 30, will be published,
The First Part of THE MONITOR, price One Shilling.
Each Part will contain 32 pages of Letter-press, and two hu-
morous Etchings from Original Designs by Timothy Tickle.
London : Hugh Cunningham, 1, St. Martin's-place, Tra-
falgar-square. Orders received by all BoLksellers.

LANDS IN THE NEW PLYMOUTH
SETTLEMENT OF NEW ZEALAND.
The DIRECTORS of the PLYMOUTH COMPANY of
NEW ZEALAND hereby give notice, that the Terms of an
Extenive Purchase of Land from the London Company of New
Zealand are finally settled ; and that despatches have been
forwarded to the Colony by the " Martha Ridgeway,"
for the purpose of securing the most advantageous position for
the settlement.
The Surveying Staff of the Plymouth Company will sail in
the " London," on or about the Ist August next.
The Directors are now ready to receive Applications for the
Purchase of 350 (being the remainder of the 1,000) Town
Sections originally offered for sale ; each Section containing a
- quarter of an acre, and the price being 101.
The Belt of Suburban Land surrounding , the Town, and
containing 10,450 acres, is disposed of ; but the Rural Lands,
adjoining the Suburban Belt, are new offered for sale, subject
to the Company's general regulations, dated this day, of which
the following are the material points :
That each Rural Section will consist of 50 acres, and have
attached to it one of the Town Sections, originally reseraed by
the Company; the price of the whole being 75/., whereof
401. will be expended on emigration.
That each purchaser will be entitled to select his Rural Sec-
tions according to the order in which he presents his land order
in the Colony; and his Town Section, according to the order
in which his application is made to the Secretary for the
purchase.
Liberal allowances are made for Passage Money, the full
particulars of which, with every other requisite information,
may be obtained of John Ward, Esq., New Zealand House ; of
any Agent to the Company ; or of the Secretary (by letter,
pre-paid), addressed to his residence, Ker-street, Devonport.
By order of the Board,
THOS. WOOLLCOMBE, Secretary.
5, Octagon, Plymouth, 18th July, 1840.

SPIRIT of the PUBLIC JOURNALS

FROM THE WANING PILFERS OF THIS DAT.
(From the Morning Chronicle.)
We are edified in the Times of yesterday with a multi..
tude of reasons why the Whigs ought to have quitted
office. It would be more to the purpose if it could be
shown that the Tories can conduct the Government. The
'furies have lost ground prodigiously in public opinion
during the present session. The feeling is all kat uni-
versal that there is no principle of cohesion in the party,and that, were they to take office, they could not re-
main in power a week. The hopes by which the retainers
were buoyed up a twelvemonth ago are fled. You do
not now meet a man in the streets who contemplates as
even within the range of possibility that the Tories can
conduct the government. The consequence is, that
though the Whigs do not command so large a majority
as it were to be wished they had in the House of Com-
mons, their tenure of office is now felt to be perfectly
secure. The Times may therefore be safely left to amuse
itself with comparing the majorities at different periods.
The confidence of the party is not to be raised by reference
to division lists. The public attach no importance to
these divisions, knowing that the party is stricken by ez-
ralysis ; no two men among them are agreed on the course
of policy which ought to be pursued. The Session has,
on their part, been one continued blunder—a constant
effort to satisfy the public of their own inefficiency, and of
the superiority of the present Ministry in all Statesman-
like qualities to any men who could be named to succeed
them. But the impression of Tory impotence is not con-
fined to this country. Intelligent foreigners have not been
slow to perceive the helplessness of the party, and to un-
derstand its cause.

(From the Morning Post.)
We cannot help viewing with considerable anxiety the
" Ecclesiastical Duties and Revenues" Bill, which has
passed the House of Commons, and is now in the House
of Lords. This measure arises 'Alt of the recommenda-
tion of the Ecclesiastical Commission, and we believe that
it has the approbation both of the Archbishop of Canter-
bury and the Bishop of London. With such authorities
in its fa►our we cannot but hesitate, and feel great reluc-
tance, in saying anything against it. We certainly can-
not find fault with the Government for using its in-
fluence to press through the House of Commons a
measure so recommended. Still we must own that
we regard it with great anxiety, and we heartily
wish that nothing had happened so displeasing and
disheartening to many valuable members of the Church as
this measure undoubtedly is. The briefest account we
can give of the Bill is, that it cuts down cathedral esta-
blishments, and re-distributes their revenues, with a view
to the aid of parochial ministration. Sir Robert Inglis
describes it as zn overwhelming blow against cathedral
establishments, and there are very many who feel that so
serious a beginning will soon be followed by more com-
plete and absolute confiscation. These fears may be ex-
aggerated, but this foundation we think it has--that, if
the argument be sound and good upon which the policy
of the present measure is founded, it will not be easy to
show that it ceases to be sound and good, when it is pro-
posed to push the practical application of it further than
It is carried by the present Bill.

YIONEY MARKET and CITY NEWS.

(WEDNESDAY EVENING.)

CHRONICLE.—Tbe English Funds were heavy in
the early part of the day, Consols for money having been
done at 91i, and 91i- for the Account ; later in the day,
however, prices somewhat recovered, the closing quota-
tions being 91i buyers for Money, and 92 to 92i for the
Account.

In the Foreign Honso a large extent of business was
transacted in Spanish Actives. At the opening of the
market prices were quoted at 27* to 27i, but some large
sales having been effected, caused a sort of panic among
the dealers, and prices declined to 27 to 27a, from which
quotation they again rallied, the closing price being 27k
to 27k. The cause of this depression arises from a ru-
moured rupture having taken place at Barcelona between
the Queen Regent and Espartero, who had in consequence
resigned the command of the army.
We hear that the negotiation between Senor Fortique
and the Committee of South American Bondholders is
now concluded in the essential parts, but that the Com-
mittee do not intend yet to publish anything on the sub-
ject. It is certainly probable that the agents fur New
Grenada and the Equador will follow in the course of j
Venezuela, but we cannot give the particulars of the terms
agreed further than that they secure a dividend of two per
cent., which it is said the Commissioner for Venezuela
will pay down so soon as the transaction is finally settled,
and this the Committee expect to adjust on a basis that
will ultimately produce the original terms of six per cent.

HERALD.—Consols slightly recovered, closing to-
day at 92 to -1-3- for account: Exchequer Bills however
continue to decline, and are last quoted 255. to 275. prem.
Bank Stock on the contrary improved to 174 to 175.
From the depression of the Exchequer Bill market it
may be suspected that the Bank is in the market and en
the defensive.

There is little activity among the dealers in foreign
securities. Spanish Stocks are still on the retrograde
order,-and the Active a ith the May Coupons were at
one time as low as 27, but at the close of business
they recovered to 271 to 274. There are rumours of the
arrival of commissioners charged with some financial ope-
ration, and as usual in such cases, the parties, if con-
versant with stock-jobbing at all, take the opportunity of
damaging the market so as to be able to make better
terms if loan negotiations be on foot and to discourage
the comretition of rivals.

SUN.—At the close of the market Consols left off
better, 911- buyers for Money, and 9211 i for Account ; Ex-
chequer Bills receded, however, to 255. 275. prem. ; the
Reduced Three-and-a Half per Cents. brought 100 to
1 and Bank Stock 17-43.
Foreign Securities were generally very flat. Spanish
Active Bonds dropped about per cent. owing to the
accounts from Paris. The current prices were 271 to
for Money, Money, and 27; to 27 for Time, both closing at
Portuguese New hive per Cents. were 35i to 354,
and the Three per Cents. at 2:32, being heavy at these
quotations. Brazil Bonds receded to 791, and Colom-
bian to 27i. Chilian Bonds rose to 40 ; and Buenos
Ayres were at 184. French Three per Cents. improved
to 86f. 25c. and Dutch Two-and-a-Half per Cents.
fluctuated from 534 to 53i.
There was not much doing in the Share Market, but
the bargains effected were at about yesterday's value,
and in some instances at a slight decline. Great Wes-
tern realized 37,1 ; Neve, 164 ; Blackwall, 2 ; Bir-
mingham 92 ; Manchester and Leeds, New, 16 ; North
I\lidlaea New, 4 ; and South Western, 194 premium.
North Midland Shares were at 9 ; Brighton at 71 ;.
and South Eastern at 144 discount.