The Sun.
London, England, 1841-10-11 00:00:00

IVIORNUNG SUN

When your Minister looked with his own eyes upon this
his very bowels were torn asunder. In stooping down
from the walls, I made inquiries of the barbarians; they
all said that several millions of taeis for the surrendered
opium had not been paid, and, therefore, they requested
the sum of one million of taeis in liquidation thereof,
and they would immediately withdraw their soldiers and
retire outside the Bogue ; that they had to make no
other request ; and that then the people might go on in
their customary way. I then asked them about the sur-
render of the whole territory of Hong Kong; and they
replied that Keshen had given it them, and that an
authenticated paper from him to this effect had been
placed on record.
Your Minister thought that the city was in danger ;
that there had been repeated disturbances ; and that the
whole people were prostrated in mud and ashes ; I there-
fore agreed to this pro tempore : moreover, I considered,
again and again, that this was a solitary city to be
fought against, and that both the fat and liver were
greatly injured. There was, moreover, no battle-field
for deploying a great army, and I could not do otherwise
than beguile them to go out of the Bogue. Then we
shall repair our forts, and endeavour to attack and ex-
terminate them, and recover our old territory of Hong
Kong.
Your Ministers beseech your Majesty to deliver us
over to the Board that we may be punished, and also to
direct that Ke, the Governor, and E, the Lieut.-Gover-
nor, be severely dealt with. Respectfully, we present
a petition from all the people asking for peace:
Your Minister is conscious of not being guiltless. A
respectful memorial.

SPIRIT of the PUBLIC JOURNALS.

FROM THE DAILY PAPERS OF SATURDAY.
THE REVENUE.

STANDARD.—In consequence of the 10th of Octo-
ber falling on Sunday, the Quarter's Revenue will be
made up this evening. We understaud the account will
show a trifling increase an the corresponding quarter of
last year. There is a slight falling off in the Customs. •
In the Excise there is an increase ; the Post-office re-
venue has slightly increased, but not to any amount.
The principal increase is in the Sugar Duties, which
confirms the soundeessof the opinions expressed by Mr.
Gonlburn in May last, when Mr. Baring brought for-
ward his proposition for an alteration of the duty on
foreign sugar. As we before said, however, we under-
stand that on the aggregate the amount of the quarter's
income will be rather over the corresponding quarter of
last year.
GLOBE.—The American correspondence of a Morn-
ing Paper contains an intimation time the 31‘Leod affair
is not likely to end in a war, because Sir Robert Peel
has been placed at the head of the Government. We
realty cannot see how the fact of the Right Honourable
Baronet's accession to power can possibly affect the deci-
sion of the Jury in the case of M‘Leod, any more than
the verdict of an inquest at which he ,night happen to
preside, could be influenced by the return of Mr. Virakley
as Member for Finsbury. Durit's the trial, that is by this
time, we trust, at an end, we do not suspect that the
Counsel on either, side attempted to give in evidence the
change in the British Government, as being at all mate-
rial to the issue ; and it is therefore mere rhodomontade
to declare that M‘Leod's case has a better chance of
being satisfactorily disposed of now that Sir Robert
Peel has been allowel to form a Ministry. The decision,
then, that will be arrived at cannot in the smallest
degree depend upon the recent formation of a Tory
Cabinet ; and it would be absurd to ask whether the con-
duct of the British Government, in the event of the con-
demnation of the prisoner, will he differeat, now that the
Conservatives are in place, from what it would have been
if there had been still a Liberal Cabinet. In case of an un-
satisfactory result the Whigs had instructed their Minis-
ter to withdraw at once. Could the Liberals have done more,
or will the Tories do less? And if Sir R. Peel sanctions this
course, how on earth will his accession to place have
lessened the chances of hostility ? With regard to any
particular sympathy between the British Government
and that of this United States, which might induce the
atter to fall more readily into the former's views, it
can hardly be . supposed that republican rulers can
co-operate more cordially with Tories than with
Liberals ; particularly when it is remembered that
the English Co' servatives have greatly censured the
Whig Ministry for not assuming a much snore de-
cided tone of hostility to the American authorities than
was considered by Lord Melbourne's Cabinet either ne-
cessary or expedient. We ardently hope, and stronsts
anticipate, as we did long before the 'Tories came into
office, that peace will be maintained ; but the blessing,
if we are allowed to enjoy it, will have been, under I'ro-
vidence, the work of the late and not of the present Go-
vernment, however strenuously the latter may strive to
pilfer the merit of its predecessor's policy.
COURIER.—There is nothing so disgusting in the
whole range of party polemics as the wilful and
habitual frauds and falsehoods perpetrated by Whig-
Radical writers and parties on the Corn-law question,
whenever the comparatively venial offence of absolute
ignorance cannot be pretended. The Morning Chronicle
is the most patent, because a diurnal, practitioner
in the two schools both of ignorance and sys-
tematic aberrations from truth. A recent article'
on the effects of the Corn-laws upon wages, or ra-
ther on the quantities of bread which certain rates
of wages of the same descriptions of workmen will pur-
chase respectively here and abroad, is the last striking
illustration of the correctness of the facts we have chal-
lenged. The writer, in the first place, commences with
taking for granted, as an irrecusable authority, a report, ?I
published some time since by Mr. Symons, on the ;
comparative rates of wages in this country and on the
Continent. Now, although we believe Mr. Symons to have
executed his mission and made his inquiries in a much.
more conscientious spirit, and with a more scrupu-
lous regard to truth, than the Smiths, Cobdens, and
Bowrings, yet we are far from conceding that he pos-
sessed, or possesses, those indisputable and special qua-
lifications for such a task, without which any statement
or opinion must be liable to prove extremely fallacious
when brought to the test. If, however, the Chronicle
had only fairly reported his authority, he would have ►
acquainted his readers with the conclusion arrived at, ,
and partially avowed by Mr. Symons, that, with all the ;
disadvantages of high-priced food the condition of the
English labourer materially and physically is superior
and much more enviable on the whole than that of the
continental workman. As we have remarked on the
want of special qualifications for exact research whit' a
must, always tend to impeach the competency of drat
gentleman as a standard authority in the case, it is only
proper to state in our justification that, whatever may
be his pretensions on the score of general principles, h e
is so utterly wanting in all knowledge of the practical
details of trading and manufacturing economy, as to be
quite incapacitated even for instituting a comparison of
wages betwixt British and foreign mechanics apparel itly
of the same class, and engaged in the same descriptic n of
labour.

MONEY MARKET and CITY NEWS.

raox THE MORNING PAPERS OF sATuitrkr.

CHRONICLE.—There is a continued pressmen in the
Money Market, and the evident incapacity. of the Go-
vernment to grapple with the exigencies of ,he country,
together with the financial wants of the Indian Eetehe-
quer, and the probability that Sir Henry Pottimgee may
find it necessary to make a demonstration on Pekin,
have all tended to depress prices and to shake confl dence.
No less than 34 lots of land in the island of Honk; Kong
had,been sold by public auction, and knocked down to
various British residents and Parsee merchants at vari-
ous quit rents, amounting in all to 3,2381. per annum.
Amongst the list of purchasers there are the names of
Messrs. Jardine, Matheson, and Co., for three lots, at
5651. per annum ; Messrs. Innes, Fletcher, and. Co., lot
16, at 1501.; and Messrs. Fox, Macvicar, and Turner, for
lot 33, at 2501. per annum.
The Commissioner, on the 7th of June, issued a pro-
clamation, declaring to the merchants and traders of
Canton, and all parts of the empire, that they and their
ships had free permission to resort to, and trade at the
port of Hong Kong, where they would receive full pro-
tection from the high &dicers of the British nation, and
that there would be
,an immediate embargo upon the
port of Canton, and all the large ports of the empire, if
there should be the least obstruction to the freedom of
Hong Kong. On the 10th of June he warned all her
Majesty's subjects that he considered the enteance of
British shipping within the river unsafe, and recom-
mended them to proceed forthwith to Hong liang.
Those who had suffered loss by the pillage '3t the fac-
tories in Canton were requested to present an inventory
of the particulars and amount on or before the 20th of
June. The private letters do not thrown any additional
light on the state and prospects of the tea trade. It is
evident that Captain Ellioti expects to slices. cl in keep-
ink;h Chinese e 'cep-
the trade with e at Hong Kong, and
ing openand
to that port the at mercantile depot. From the
to Inofland a it •
purchases
extensive
our Canton merchants consider it a favourable locality
; on trade ; but pending negotiations, and
for carrying
until the operations of Sir Gordon Bremer, and Sir
Henry Pot tinge r
are known, it is impossible to say to
what extent mercantile transactions may be carried on.
POST We have before us the names of three other
.
considerable firms in the tallow trade which, we regret
to state, have given
way le very general derangementVe refrain from the publi-
cation of them, owing to the
that exists in this branch ofd
_to had been some eighty
i
years in business, and business. One of the num-
ber more particularly referred
embarrassments are under-
stood to have been occasioned principally by the failure
of the other two. Another party in the same line are,
we hear, negotiating for time.
iscuseion
We have no wish to prolong ad • -*with one
e scurrilityo.e
who loses his temper, and resorts to I
instead of fair argument, us is the case with our Con-
temporary of the arweicle. We will,
however, ap
peal to the commercial readers of that paler, upon
o of them
the more important question at issue. _i
who are unhappily holders of the shares of of the
Ueited States Bank, the corrupt medium through
which no less than three millions eterling have been ab 1
stracted from the pockets of English capitalist, many of
whom relied upon- the integrity of its management for
the entire of their revenues, may contradict us in the
columns of the Chronicle itself if we be wrong in the as-
sertion we hazard, namely, that its City Correspondeet
was, up to a late period, and until his advocacy of the
rotten fabric would no longer be availing or tolerated,
most prodigal in hie encomium on the establishment.
We wish not to goad our discourteous assailant into any
further displays of vulgarity, yet we can hardly forbear
calling his attention to the fact, that the shares of the
bank, so praised by him, and
which, sccording to his
encouraging report, had "rallied " on the departure of
the Britanuia to 7 dollars per cent , have sutfered a re-
lapse. Before the Great Western. quitted New York
the had, as we have stated above, dropped to 51, and
at this quotation they.were nominal merely.

Mr. Justice Bosanquct, who has been to the
Gar ;,,,n spa:, fl4r bemcit health,arrival iu
tow% The Learned Gentleciztr:3 he2lth completely
reatored.