The Sun.
London, England, 1847-05-28 00:00:00

GIVE YOUR ORDERS IMMEDIATELY.
GRATIS! GRATIS! GRA TIS 1
Every person who shall subscribe for .
T H E D I S P A T C H
During the Month of JUNE nest,

Will be presented with a
FINELY ENGRAVED PORTRAIT OF
E L I Z A C ()OK.

_
" The poems of Miss Cook are national property. There Is hardly
a homestead in the land where her name and her contributio-as to
the' Dispatch' are not familiar as household. words. Apart from
the powerMl and brilliant talent with which the ' Disr,jatch, is
or sixty
concluded, this handsome and acceptable present to its fift- y
thousand readers,cannot fail to be appreciated."—LiverpOrJl Chronicle,
May 8, 1847.
J's
The likeness of this poetic genius, by Trautschold, most striking,
and the engraving is by Adlard, in the first style r.,f the art.
An Edition of the DISPATCH is published at Five o'clock every
Saturday morning, for transmission by the nrst Trains and Morning
Mails, so that persons residing in towns 250 miles from London may
receive it the same evening.
This Edition contains the London Mukets of the week, including
those held on Friday ; also the spiriled letters of Publicola, Caustic,
and Censorius ; and frequently oriVattl poems by Miss Eliza Cook
no,Rr,
idweetabr a
rso and
byvird
aoporadeyin, taihttteanitrh
ceseuDborsfsm2pisAp.
,tiToocnrHs
ptooo any
sff
Persons desirous of being supplied with the WEEKLY DIS-
PATCH
3e9w:ilaegeemtn.
Fleet-street, ty, r egioertv, et6Ltoh3inedirro.
1
stamps to that amount, will ",upply the DISPATCH throughout June
next.

The terms tbr tbf: DISPATCH are, per Quarter - 7s. Od.
Per Year, in advance - - - £1 63. Od.
Ditto on Credit, payable by reference in London .£1 10s. Od.

N.B.—A beautiful frame, of an original character, in imitation of
oak branches and foliage, interspersed with medallions illustrative of
Miss Cook's works, has been prepared by an artist of considerable
talent, and which can be had at twenty shillings each. Arrange-
ments have also been made with respectable manufacturers to supply
elegant Frames, at prices varying from 3s. to 215., and any Sub-
scriber to the DISPATCH may, by transmitting to Mr. Wood the
sum for the frame he wishes to obtain, be supplied with the same.

THE WEATHER.—Sux OFFICE, MAY 28.
THERMOMETER, Lowest, 56 ; Highest, 73 ; Noon, 80,

BAROMETER, 30.04.—W1ND S.S.W.; fine.

HIGH WATER AT LONDON-BRIDGE THIS DAY.
Morning 34 minutes after 12. ! Evening .. 55 minutes aftc 12.

gratulating the public that, apart from the advantages
of superior accommodation and of unprecedented
speed, peculiar to railway travelling, the new system
of locomotion admitted of a most favourable contrast
with the old in regard to its comparative freedom
from mortal injuries, and other grievous casualties to
human life. It is true that, occasionally, some de-
plorable accidents have occurred on different lines,
but then upon investigation it was discovered that
they were for the most part, if not all
of them, attributable to carelessness ; and
the public, therefore, felt that, since they
could be easily protected against the repetition
of them, by simple and obvious regulations on the
part of the directors, who would be directly interested
(setting humanity aside) in seeing them duly en-
forced, they were, comparatively speaking, safe,
and a feeling of general confidence was rapidly
engendered in favour of inland communication
by the steam-engine. Of late, however, some very
startling facts have transpired to detract from the
confidence which prevailed that the safety of the
passengers' lives had been consulted to the utmost.
Most important works on various lines have given
way, and evidently from inferior and inefficient con-
struction. Wherever, therefore, either from the use
of improper materials, which may have been resorted
to with the view of squeezing out a profit from a con-
tract too econonical to prove remunerative, if bond
fide fulfilled, or from improper haste in the formation
of the railways, works exist similarly defective with
those which have already given way, it is manifest
that the lives of thousands are daily exposed to the
most imminent peril. It is a danger, too, that is
latent, and cannot be foreseen. Moreover, the worst
feature that presents itself to the mind in its solemn
review of the extreme danger to the public, to which
we have just adverted, is that the accidents which
have recently taken place of this description have
occurred upon the lines but newly opened to the
public. This shows that the preliminary inspection
of a Government officer, before a railway can be
used by the public, is something far short of
what we require. It seems to us that rail-
ways should not merely be most minutely inspected
when completed, but that they should be subjected to
a thorough system of supervision by independent
public agents during the entire progress of their for-
mation. In the case before us, hot many weeks
back, the Government inspector had certified to the
solid construction of the line. On Wednesday last a
bridge falls in, and the most heartrending disaster
ensues ! We have no doubt the inquest before the
Coroner will be conducted so as to elicit the true
cause of the catastrophe. Its proceedings will natu-
rally be watched with jealous interest.

Madrid journals of the 21st have arrived. The
Gazette of the 13th states that some men belonging to
an English brig lying off the coast of Tetuan, having
been sent on shore to procure forage, had been seized
by the Moors, who, however, consented to release them
in consequence of the remonstrances of the Spanish
general, ORDONEZ. The Ministerial crisis was at
an end, as General SERRANO had not the moral cou-
rage to undertake the formation of a Progressista
Cabinet, and the Narvaez intrigue had been de-
feated. The QUEEN was to return to Madrid on
the 23d.

The Esperanza announces that the Pertuguese bri-
gadier, Baron DE VESHAES, and the troops he had
brought with him into Spain, had been permitted to
re-enter Portugal by Ciudad Rodrigo, the Governor
of which place had ordered 200 muskets and a pro-
portionate quantity of ammunition to be placed at
their disposal.
MADRID BOLSA, MAY 21.—The Three per Cents. were
done at 304 for cash ; the Four per Cents. at 183/4 ; the
Debt without Interest at 57/8 ; and the Coupons at 16.

We have received the Paris papers of Wednesday.
Rumours were rife that a change of Ministry was
inevitable, and the National has published the follow-
ing as the list of the members of the new Cabinet :
" Count Mol6, President of the Council, and Minister
for Foreign Affairs.
" M. Dufaure, Minister of the Interior.
" M. Hippolyte Pussy, Finance.
" M. Dode de la Brunerie, War.
" M. Billault, Marine.
" M. Vivien, Justice.
" M. Daru, Public Works.
" M. Saint Marc Girardin, Public Instruction.
" M. Bignon, Commerce and Agriculture."
It is evident that the Ministry is at present in a
very ricketty condition, and is by no means secure of
its majority on financial matters.

The Union Monarchique says—
" We are assured that the committee on the budget
has assumed a determination of the highest impor-
tance, of which the anticipation has, we have no
doubt, influenced M. Dumon to quit the Depart-
ment of Public Works with so much alacrity. It
is said, in fact, that the committee has thought it ne-
cessary to reduce by 81,000,000 f. the estimates furnished
by the Minister of Public Works, amounting to
131,000,000 f., for extraordinary works to be executed
during the year 1848. The half of this enormous re-
duction applies to railroads. It is added that M. Jayr,
the new Minister, has acceded with the best grace to the
wishes of the commission."

The same paper states the fortifications of Paris
have been so carelessly constructed, that the fortress
of Mont Valerien, the keystone of the system is
already crumbling into ruins.

The appearance of the harvest throughout France
is most promising, and the vines are in a flourishing
condition.

The Chamber of Deputies resumed on Wednesday
the discussion on postal reform. The first article
amended by the Committee stood thus :—" From the

Ist of January, 1848, every letter weighing less than
grammes, circulating through France, will be
liable to a uniform postage of 20 centimes (2d.)"
M. MURET DE BORD and M. VUITRY proposed to
substitute the following paragraph :—" Single letters
carried a distance of 40 kilometres shall pay a postage
of 20 centimes ; above 40 kilometres and under 80,
30c. ; above 80 kilometres and under 150, 40c. ; and
above 150 kilometres, 50c." M. VUITRY developed
his amendment, which was opposed by M. DUYAURE,
who was left speaking.

The Three per Cents. closed on the Paris Bourse on Wed-
nesday at 78f. 30c.; the Five per Cents., 116 f. 60c.; the
Orleans Railroad Shares, 1,238 f. 75c. ; Rouen, 957 f. 60c.;
Havre, 647 f. 50c. ; Great Northern, 6071, 50c. ; Avignon,
737 f, 50c.; Vierzon, 587 f. 50c.; Bordeaux, 5101.; Boulogne,
405 f. ; Basle, 187 f. 50c. ; Dieppe, 320 f. ; Paris and Stras-
burg, 430 f. ; Tours and Nantes, 413 f. 75c. ; Paris and Lyons,
440 t: ; Cette, 450 f. ; Spanish Domestic Debt, 291/a.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, MAY 27.
Central of France (Orleans and Vierzon), 14%—Dutch
Rhenish, 3%—Lyons and Avignon (Constituted), 23/4—
Northern of France, IVA—Orleans and Bordeaux, 6%—
Paris and Strasbourg, l%—Rouen and Havre, 251 x1—
Sambre and Meuse,

DISSOLUTION OF PABLIAMENT.—The statement of
miscellaneous estimates and civil contingencies, which
Lord John Russell will nuke this evening, will proba-
bly be accompanied with a programme of the business
for the remainder of the session. The dissolution, we
believe, will not be deferred much, if at all, beyond the
end of the next month. The election, in that case, will
be got through in the interval between hay and corn
harvest; and those of onr honourable representatives
who will again be summoned to the Great Council of the
Nation will have time to recruit their strength for the
labours of a supplementary session in autumn.—Tinies.
DOCKYARD BATTALIONS.—PORTSMOUTH, MAY 27.
—The Admiralty have signified to the Admiralty Super-
intendent, that all officers selected for the battalions
,vill receive commissions from her Majesty, and their
names appear in the London Gazette. It is settled that
the.first master-attendant and the muster-shipwright are
to be lieutenant-colonels ; the second master-attendant
and the storekeeper and store-receiver to be majors ; the
other officers of the yard, the clerks, &c., to be captains
and subalterns.

LIVERPOOL, MAY 26.—Dates from Bahia to the
Ist April have been received. The scarcity of vessels was
severely felt, and freights were quoted at 51. to 5/.los.
EXPENSIVE PROSECUTIONS.—It lately transpired in
the Court of Bankruptcy that the costs of the great pro-
secutions of the Maynard and Garratt gang, convicted
fur numerous railway robberies, amounted to 5001. in
cash payments, and 2771. for the lawyers' bills, and were
defrayed by the united railway companies. The costs
of successfully defending the action for false imprison-
ment arising out of those prosecutions cost the two de-
fendants, who were defended by the railway company,
above 3501., and the other defendant above 7001, which
he has had to boar, though his exertions led to such im-
portant results to the public, as well as to the companies
interested.

MEDAL OF O'CONNELL.—We have seen a medal
of Mr. O'Connell, executed by Mr. Geoghegan, of Pals-
grave-place, and just now opportunely published. The
medallion of the celebrated deceased is bold and well
-)xecuted, the authority for the portrait being a bust the
production of Mr. Jones, the sculptor, and which was
always thought highly of by Mr. O'Connell and his
family. It represents him at an advanced period et his
life, but still full of vivur, and unquestionably a very
strong likeness. On the reverse are the dates of some 0
the__nsiuniseott
totreermB
,aofrrokooamb serfsl remarkable
s etp.oof:
,bohesttehirnsbeMxuerrsg.
iblO'Connell's career,
freedomi r, a great Russian proprietor,
eh
surrounded by a wreath of shamrocks.
statesiaospe iD presented
tt -la]
ati
in their.:l l.

MONEY and COMMERCIAL NEWS.

CITY, QUARTER TO THREE.

The Cotton market at Liverpool advanced again yes-
terday id. per lb. Sales 7,000 to 8,000 bales. Shares
were still improving, and with a good business doing.
There are no later arrivals to-day with news of
general interest, but we have the exchange from Ham-
burgh, under date of Tuesday, 4 lower.
The Corn market has given way again, and even at
the decline no one seems inclined to buy.
Money is very easy. The Bank of England now loans
upon bills up to August, and we hear also, is lending
more money on stock.

The burden upon our coasting trade is brought for-
ward by Mr. Hall, a large wharfinger in the City, and,
as we hope, with a prospect of attracting attention in
influential quarters. This gentleman states:—

" England is, as far as I am aware, the only country
in the world that permits the burden of all lights—the
benefit from which is one shared by the whole commu-
nity, but more particularly by the public naval force of
the kingdom—to be defrayed by charges exclusively im
posed upon the merchant and shipowner. France,
America, Russia, and Prussia, support the lights upon
their respective coasts out of the funds of the State, and
make no separate charge upon shipping for the sup-
port of them. It is reserved fur England, the
queen of commerce. and the self-called cz-qatre of
commercial enlightenment, to fetter the industry of her
children with a heavy and onerous tax, rendered still
more irksome by a clumsy, inefficient, and expensive
mode of collection.

"To show how unevenly this system presses upon
that part of the shipping of the country which can
least afford to bear the burden, it will only be
necessary to call to mind that a ship trading
to the East Indies, or to China, earning a
very large freight, and occupying about a year
on the voyage out and home, pays only a few of these
lights twice during that time, and that such payment
amounts only to a small per tentage upon the freight
earned by the ship ; whilst a coaster, which is constantly
passing the lights on her voyages, and earns but a com-
paratively small freight, pays each time she passes a
light a sum which, in the aggregate, frequently amounts
to as much as 5 or 6 per cent. on the gross freight, and
60 per cent. upon the net profits of the ship.
" To illustrate this point, allow me to call attention to
some of the cases laid before the committee upon lights,
to which I have before alluded ; and the first case of in-
justice I will mention is, that of a small vessel belonging
to the Edinburgh and Dundee Steam Company, which
passes several lights during the day, fulfilling her voy-
age in daylight, and never sailing at all at night. In the
year 1843, the amount paid by that vessel for lights,
which she never saw or had occasion to tue, was no less
than 7021. in forty. nine weeks.
" In coasting vessels the same hardship exists in a
still greater degree, inasmuch as their net profits are
reduced almost to nothing—in many instances their
light dues fpr exceeding the profit which the owner
makes upon his whole cargo.
"In the years 1843-4, the Trinity- house received
from the coating trade 126,673/.; whilst the over-sea
British trade paid only 97,4541., and foreign ships
33,6481."

The Funds are buoyant again this morning, and many
are sanguine of seeing them higher yet. At present the
market is decidedly supported by many influential
parties, but whether temporarily only remains to be
seer..

Consols are 88k to 88k for present transfer, and 88k
to 881-, for time. New Three-and•a-Quarter per Cents.
are 884 to 88i. Bank Stock is 190 to 192. Exchequer-
bills have improved to par and 3s. premium.
There is a firmer market also for the Foreign Bonds.
Spanish Five per Cents. are 222 and the Three per
Cents. 34 to I. Mexican Bonds are up to 20k.
In Railway Shares a moderate business is doing, at
fuller prices.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)

Bank Stock .. .• • • 1911 190 192
Three per Cent. Reduced Annuities • • 87% 87
Three per Cent. Consols Annuities • . • . 88 %% %
New Three-and-a-Quarter per Cent. Anna. 88% 7 %
Long Annuities, Expire Jan. 5, 1860 • • 8 15-16
India Stock .. • .. • • • • .. • . 241
India Bonds, 1,000/. • • • • • ••
Ditto, under 1,000/. •• 1 dis 3 p
Consols for Opening, July 1G 84%
Exchequer Bills. l%d, 2d.
1,000/. .. .. • • par 3p
500/, •• • . 35p
Ditto. Small .. .... 37 p
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent .. .. 84
Granada, 1 per Cent. .. • • • • 20
Mexican, 1846, 5 per Cent
Ditto, for the Account .. • • 20%
Russian Bonds, 5 per Cent • • • • 110 109
Spanish Bonds, 5 per Cent. • • • . 2231
Ditto, for the Account 22%
Ditto, Three per Cent .. . • • • 34% 34
Dividends on the above payable in London.
Belgian Four-and-a-Half per Cent. 9231
Dutch Two-and-a-Half per Cents. 58%
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. PER SHARE.
Amber., Notting., Boston, & Eastrn Jn. 2% 1% %.. to
Birmingham and Oxford Junction •• 10 • • 163,43 y .. to
Birmingham, Wolver., and Dudley . • 5 • • 10% .... to
Caledonian .• .. • • • • •• 35 293%.. to
Ditto, Half Shares .. •• • • • • 2% • —1% .. • • to
Eastern Counties .. • • • • • • 20 .. • • 19%%31 to
Ditto, York Extension .• • • • • 7% •. • • 6%34 .• to
East Lancashire .. • • .. .. 17 — .. ••to
Ditto, New .. .. • • • • • • 7 • . .. to
Ditto, ditto, New Scrip .. • • 1 114 to
East Lincolnshire .. •• -. • • 6% 834 34.. to
Edinburgh and Glasgow •• • •• 6834.... to
Ditto, Half Shares .. • • • • • • 15 ..•.• 22% •• • • to
Ely and Ituntingdon • .. • • • • 15 .. • • 15% .. to
Great Northern .. • • • • .. 33 .. • • 2% .... to
Great Western .. • • • • .. 85 .• ll3 .... to
Ditto, Quarter Shares • • • • • • 12% •• • • 17% %..to
Ditto, New .• • • • • .. -43 8 .... to 8%
London and Blackwall • • • . 16/.135. 4d 7%.. • • to
London, Brighton, and South Coast .. 50 ..., 53% .... to 5331
Ditto, Consolidated Eighths • • • • 10
Ditto, Guaranteed Five per Cent... 9
.. • • to
London and North-Western.. • • ..100 176 .... to 175
Ditto, Quarters .. • • L. and B. 7 to
Ditto ditto New • . • • • • • 2 12 ••.. to
Ditto, 101. Shares •• M. and B. (C) 1
London and South-Western 411. 6s. 10d. .... to
Ditto, New • • • • • • • • 27% •• • • 2731 .... to 2831
Ditto, Scrip . • • • • • • • • • 5 •• • • 4% .. ••to
Lynn and Ely • • • • • • • • •• 25 •• • • 26%.., to
Manchester and Leeds .....82
Ditto, Thirds (Reg.) • • • • • • 71. 45... par .... to
Ma neh ester, Buxton, and Matlock • • 425...., % dis... to
Midland to
Ditto, New • • • • • • • • ••36• • • • 39% .. .. to 40
Ditto, New • • • • • • • • • • • • 6 .• • • 831 9.. to 836
Ditto, Birmingham and Derby • • 100 •. 92 .... to
Ditto, Consol. Bristol & Birmingh.
6 per cent. .. • • • • • • • • 100 . • 123% .... to 1241
Newcastle and Berwick .. • • •• 20 .... 25% 271•• •• to 26
Ditto, New • • • • • • • • • 5 •• • • 7 .... to 6%
Norfolk • • .. • • • • • • • • ..1009 • • •126% , tr

Ditto, New • • • • • • • • •• 5 to 128
•• • • 9% .... to
Ditto, Extension • • • • • • •• 10 10% ....
North British • - • • • • • • •• 25 •• to
31 .... to
Ditto, Half Shares • • .. • • • • 12% ••• 14% to
Ditto, Quarters • • • • • • • • • • 314 414 to 4
Ditto, Extension • • •• • • • • ••• •• to

Ditto, Thirds • • • • • • • • • • I—• • •• 2% .. ••to
Northern and Eastern • • •• • • 50 •• • • 56% • • to
North Staffordshire • • • • • • • • .........7.... ..• 10 .... to 934
Reading, Guildford, and Reigate • • 5 5 .... to
south Eastern and Dover •. •. • • 331. 2s. 4d. 36% %.•to --
Ditto, New
(do. 151.)
at5t13.)2N1.)0.N40..1. 250 20 .•
t 0
00 20_
to
Sv,o,Deustitititßot,dlnegw Yorkshire.o nt
0 n Doncaster,..
.& . Goole
225.:::: par.. •. to
York and Newcastle • • • • ••• 25 .... 36% 37 to 36%
Ditto, New •• • • • • •• •• 10 •• 14%.... to
Ditto, Preference • • • • • • •• 4 .. • • 7 •• •• to 6%
York and North Midland • • • • • • 50 .... 82 to 81
Ditto. Extension • • • • • • •. 25 • • 40% to
FOREIGN RAILWAYS.
Dutch Rhenish •• .. • • 7 .. 374 to
Namur and Liege .. .• . 10 .. • . 3yC .... to
Northeni of France .. 8 .... 1214% % to
Orleans and Bordeaux .. 6 .... 6X, .... to •
MINES
Real del Monte. Unregistered • to
Lto

YD'S SHIPPING—(THIS DAY.)
LONDON MAY 28.—Wind this day at noon S., light
airs, and fine clear sultry weather.
DEAL, MAY 27.—Wind E. to S.E.—Arrd. Lucinda,
Scalley, Callao, and sailed for Hull. Sld. Gertruida,
Batavia ; Esther and Sophia, St. Thomas ; Berkshire,
Ceylon ; Nile, Bahia ; Commodore, Jamaica ; Gimini,
Calcutta; Susan, Crisp, Cape of Good Hope ; Saghalien,
New Zealand ; Helen, Tobago ; St. Croix, Honduras.
The Francois, from Dunkirk to Shields, got on the Good-
win Sands this afternoon, but came off without apparent
damage, and proceeded.
LIVERPOOL, MAY 27.—Wind S. to S.S.E., moderate.

—Arrd. Free Trader, Thompson, New Orleans ; Shef-
field, Smith. ditto ; Jane, M'Lean, ditto; Naomi, Wilson,
Savannah ; Champlain, Miller, Philadelphia. Off port,
Grecian, Emilia, Ocean Queen, and Roman,—. Sld. Ward,
Chipman, St. John's, New Brunswick ; Elizabeth,
Thompson, Hobart Town ; North Pole, Port Philip
Palatine, Calcutta ; Stedfast, Barbadoes ; Venice, Phi-
ladelphia ; Tuskan, New York ; St. Lawrence, Boston;
Athol, ditto ; Commodore, St. John's, New Brunswick ;
Ambassadress, ditto ; Alexander Grant, Dalhousie ;
Pandora, Quebec ; Mary Ann, Montreal ; Maria, New-
found l and.
MARYPORT, M
John's, New Brunswick ;• Bartley, Quebec.
KiIiKwALL,
SAY
2m4. 27.—Wind N.W.—Sld. Hopef St.
at Ness, near Dursound, this morning, during a fog, and
is nearly fall of water. Emigrants landed.
with
he
emigrants, Herald,
came Pullen,
onf B
shorea l Balti-
more,
more, from Amsterdam,
WHITBY, MAY 26.—A large light brig is on shore on
the rocks near Littleness, about five miles to the north-
ward.
DUBLIN, MAY 26.—Wind S.W.—Sld. Canton packet,
New York • Union, Trinidad ; Bevis, Boston.
CORK, MAY 25.—Wind S.W., fresh.—Arrd. Emblem,
Daveson, Halifax.
YouGnaL, MAY 20.—S1d. Eliza, Quebec.
HARTLEPOOL, MAY 26.—Wind S.W.—Sld. Ancona,
Rio Janeiro.

GLASGJW, MAY 24.—The Iris, Graham, from Siam,
which arrived at Singapore March 22, Was leaky, having
struck on a shoal, and was discharging.
THE WIND-BOUND TRADE OFF THE
SPANISH COAST.
A letter has this morning (Friday) been received at
Lloyd's from their agent at Malaga, dated 17th May, of
which the following is a copy :
" The wind is beginning to spring up fresh from the
eastward, all the wind-bound vessels are getting under
weigh."

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SECOND EDITION.