The Sun.
London, England, 1847-04-30 00:00:00

of those who have supported him, have not been always
realised. The public are undoubtedly justified in
requiring that large sums of money should not be
continuously laid out in furtherance of any plan of
ship-building which has been persevered in for a
number of years, and which, admitting that it has
proved advantageous in certain respects, has never-
theless been shown to be equally and seriously de-
fective in others.

Mr. HUME last night brought forward his mo-
tion for inquiring into the state of the navy since
1832, as regards the building, alterations, and
repairs of her MAJESTY'S ships. The motion was re-
jected, and apparently upon the grounds, first, that
the present Board of Admiralty had greatly super-
seded its necessity by their appointment of a Com-
mittee of Reference, before whom all plans or draw-
ings for the building of ships in future must be laid,
and specially
of
Commons
reported e e upon
; and next, because the
House
disposed to place every
sod
reliance in the efficiency, honesty, and zeal of Lord
AUCKLAND and his naval coadjutors. The debate,
was however, interesting in many respects. IVe
shall take an early opportunity of noticing it more
in detail.

Madrid papers of the 23d have arrived.
Senor SALAMANCA, the Minister of Finance, had
furnished the Committee of the Chamber with a
variety of information on the subject of his Bill for
the sale of State property, and appeared disposed to
consent to several of the modifications proposed by the
Committee, so that it is by no means: improbable
that the measure so modified may pass. The QUEEN
has nominated thirteen new Senators, all of the
Progressista party. Among them are Senor BE-
CBRRA (one Of ESPARTERO'S Ministers), Senor
GONZALES, Senor LOPEZ, and Senor FRIAS. It
was generally believed that no Spanish armed force
would enter the Portuguese territory. General
MANSEL Coricux was still detained at Madrid by
the illness of his sister• and his daughter. The
QUEEN attended a bull fight on the 22d, accom-
panied by her uncle and by her cousin, the Infanta
JOSEFA.

MADRID BOLSA, APRIL 23.—The Three per Cents.
were done at 318 for cash ; the Five per Cents. at
198 ; the
,Debt without Interest at 58 ; and the
Coupons at 16.

We have received the Paris papers of Wednesday.
Lord COWLEY died on Tuesday evening at his
residence in the Place Vendome. This melancholy
event is thus announced in Galignani's Messenger—
" We announce with deep regret the death of the Right
Hon. Lerd Cowley, late Ambassador from England at the
Court of the Tuileries. His Lordship had been for some
time ill, and the lamented event took place last night, at his
residence in the Place Vendome. The Noble Lord was in
his seventy-fifth year, having been born in 1773. His Lord-
ship was a brother of the Duke of Wellington, whose junior
he was by four years."

The Secret Service Money Bill was passed in the
Chamber of Deputies on Monday by a majority of
164, the members being—for the Bill, 220; against
it, 56. This, however, cannot be considered as indi-
cative of any reconciliation having taken place be-
tween M. GuizoT and the Progressive Conservatives,
inasmuch as they had long since publicly announced
their intention of Toting in favour of that measure.
The Union Monarchique says—" Several Cabinet
couriers arrived on Sunday evening at the Hotel
Courcelles, and caused two Councils of Ministers to
be held, at the end of which secret agents were dis-
patched to Madrid, bearers of dispatches for the Em-
bassy. One of the Privy Councillors of the Hotel
Courcelles also left on Monday, on a private mission
to ISABELLA."

Algiers journals of the 22d have arrived.
The Akbar states that Bou MAZA, who left Algiers
on the 22d, in the Labrador steam-frigate, had passed
the whole of the evening of the 20th with Marshal
BUGEAUD, and given him valuable information re-
lative to the interior of Algeria. The surrender of
this chief is regarded at Algiers as one of the most
important events that has occurred in the whole of
the war with the partisans of ABD-EL•KADER.

Bou MAZA arrived in Toulon on the 25th. From
the accounts which have been given of the conduct
of this chief, it would appear that French gold had
as much to do as French steel with his surrender,
and that Bou MAzA has to endure, not so much the
misfortune of being a prisoner, as the disgrace of
being a renegade.
The Greek Loan Bill was voted on Wednesday by
the Chamber of Deputies without a division. In the
course of the discussion, N. GuizoT said that the
Cabinet was determined to persevere in the policy it
had hitherto pursued in Greece, and to say nothing
calculated to embarrass the Greek Government in
the peculiar and delicate situation in which it was
placed.
The Three per Cents. closed at 77f. 90c.; the Five per
Cents., 115 f. 80c. ; the Orleans Railroad Shares, 1,232 f. 50c. ;
Rouen, 926 f. 25c.; Havre, 671 f. 25c.; Great Northern, 621 f.
25c. ; Avignon, 773 f. 75c. ; Vierzon, 780 c.; Bordeaux, 516 f.
25c. ; Basle, 193 f. 75c. ; Dieppe, 327 f. 50c. • Paris and Stras-
burg, 427 f. 50c. ; Tours and Nantes, 421 f. 25c. ; Paris and
Lyons, 4361. 25c. ; Lyons and Avignon, 4501. ; Bordeaux and
Cette, 445 f. ; Spanish Three per Cents., 35A.; Ditto Pas-
sives, 5%.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, APRIL 29.
Boulogne and Amiens, 161/2-Dutch Rhenish, 4-Lyons
and Avignon (Constitated), 2 2-Northern of France, 12%
-Orleans and Bordeaux, 6A-Over Yssel, 3 dis.-Paris and
Lyons, 5-Sambre and Meuse, 51/2-West Flanders, 4.