The Sun.
London, England, 1841-06-24 00:00:00

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desire to serve themselves at the expense of the Sove-
reign's good understanding with the people, were never
before displayed by a party pretending to the possession
of the Royal confidence. If such confidence be pos-
sessed by the Whic, Radical party, it is most grossly
abused. It is abused with an amount of treachery and
ingratitude, of which, thank God, any thoroughly English
party would be ashamed. But the Russell and O'Con-
nell party is not a thoroughly English party. It is a
party which in Parliament has depended upon the tactics
of Irish Romanism, and which now dares to attempt
out of Parliament, what may be done by that pecu-
liar description of loyalty for which Irish Romanism
is sufficiently notorious. The Ministers having been al-
lowed to suggest a speech to the Throne, in which,
with their accustomed modesty, their new policy is highly
commended to the people, they next attempt to induce
the people to give ear to the recommendation by. quoting
their suggested sentiments as the personal views and
opinions of her Majesty the Queen ! Well knowing
that themselves and their policy are equally unpo-
lar, they do not hesitate to bring forward her Majesty
as personally identified with them and their policy, and
to endeavour to expose their too indulgent mistress
to that unpopularity which they ought to shield her
from, since they alone are the cause of it. We can-
not imagine any thing more mean, ungrateful, and dis-
loyal. Their leading journal actually ventures to re-
present her Majesty and her Majesty's people as if in
a position of conflict, and to take the part, as it were, of
her Majesty against the people. Was there ever beheld
such disloyal and disrespectful effrontery ? We must
quote, though we do it with pain, one short passage of
the disloyal diatribe to which we refer:—
" Shall it be said of the people of these kingdoms that
their Queen thought too favourably of them ?—that she
relied on a worthless and degraded people, who did not
second her generous intentions ?"
Thus, by implication, does the leading journal of
the Ministerial party try to make it appear, that if
the people happen to be of a different opinion upon
the Ministerial policy from that which Ministers
themselves put into the Queen's speech, their Sove-
reign will deem that she has thought too favourably
of them, and that she had placed her reliance on a worth-
less and degraded people ! Did gross selfishness and
base disloyalty ever go beyond this ? We think not ;
and we call upon all honest English electors, by that de-
voted respect and loyalty which each of them bears to
their Sovereign, to come forward for the punishment of
these dastards who, for the furtherance of their own sel-
fish ends, so insultingly misrepresent her Majesty's
feelings towards her faithful subjects. It is the duty of
every man who wishes to free her Majesty from the en-
tanglements of a Ministry that to serve their own ends
would make a breach between her Majesty and her peo-
ple—it is, we say, the solemn duty of every man who en-
tertains this wish, to come forward at once, and to give
his best aid to the discomfiture of the present Adminis-
tration.

MONEY MARKET and CITY NEWS,
FROM THE MORNING PAPERS OF THIS DAY.
CHRONICLE.—Besides the articles of beef, fresh or
coriisd, or slightly salted ; fish of foreign taking, or
curing, in foreign vessels (except turbots!) ; lamb,
mutton, pork, fresh or corned, or slightly salted ; sheep
and swine, &c., all more or less required for ships use,
the importation of which is entirely prohibited by the
existing tariff, there is a variety of necessary articles
taxed at so high a rate as to amount nearly to a pro-
hibition, whereby the British shipowners are exposed
to great additional cost in the sailing of their ves-
sels. We need not recapitulate food, such as wheizt:
barley, rye, peas, and beans, in effect prohibited ex-
cept at famine prices ; but there are also the articles
of coffee and cocoa, which come under the head
of those too highly taxed, besides rice, potatoes,
onions, beef and pork salted and smoked, bacon and
hams, butter and cheese, spirits, tobacco, sugar, wine, &c., all
of which might be admitted at a much lower duty with great
advantage to the shipping interests, and to the enhancement of
the receipts into the public treasury. The monopolists cannot
object to such an alteration of the tariff, even upon the erro-
neous and often-refuted ground, that other countries will not
reciprocate with us, because the abolition of the protective
duties on these enumerated articles would be absolute gain to
the shipping interests, whether they led to ether changes
from foreign countries or not. They would confer immediate
relief upon the shipowners, and tend much to place them
upon a par with foreigners, whatever effect they might have
on foreign countries in other respects ; and there is no class
interest in this country that can adduce tenable grounds
of opposition to the adoption of a revised system of im-
port duties with respect to these highly taxed articles under the
present tariff. These are the changes which our shipowners
chiefly require to enable them to obtain fair play in competing
with foreigners ; and being once granted, the g-eat superiority
of dispatch which our vessels possess in point of sailing, and in
the skill and activity of the crews, would enable the captains
of British traders to obtain the command of freights in every
open port.
It appears by accounts from Germany that the whole of the
available capital in the Danube and Maine Canal Shares is
already absorbed in the work, and that there is little prospect
of the payment of any dividend for some years. It is under-
stood, however, that the King of Bavaria will provide 300,0001.
in order to complete the work, but whether as a shareholder,
or as a loan on interest, does not distinctly appear ; although it
is certain that no part of this money can be applied to the
diridends. It is said that the Bavarian Government is ender
no oLligation to make up the dividend, and that the undertak-
ing cam:A be completed until 1844.
TIMES..—The message of President Tyler, which was not
received in the city till late in the afternoon, was read with a
great degree of in: erect,
the topics that it would treat on hav-
ing been long antieipZed, and the opinions of the new Govern-
ment on these topics bein:, anxiously expected, as the first in-
dication of the line of 1,4,1"- which it was intended to adopt.
As far as regards the financial
tlart of the Message, it is dis-
tinguished by that extreme caution 7
hich seems to have charac-
terised Mr. Tyler from the beginning„ and by that fear of
compromising himself which has caused to be claimed
as a partisan both by the Whig and the flo:lecratic Jour-
nals. One important opinion he incidental); declares,
which is, that the slightest approach to an assumption of the
State debts by the Federal Government is founded in er.."'
and wanting constitutional sanction. This declaration will
completely put an end to the hopes of those holders of Ame-
can stocks who have been misled by the opinion that there is
some possibility of obtaining from Congress a guarantee of
their claims. With respect to the distribution of the pro-
ceeds of the sales of the public lands, the new President seems
evidently in favour of the measure, as far as concerns its
legality, and a belief that it would afford effectual assistance to
such States as are indebted, but he expressly makes the re-
servation, that such distribution shall not force upon Congress
the necessity of imposing upon commerce heavier burdens than
those contemplated in 1833, which is an obvious concession to the
opponents of the measure, and leaves it doubtful whether
the President intends to urge its adoption or not. All
that he says respecting the "fiscal agent," a word now in com-
mon use in the States, is so obscure that it is impossible to form
an opinion on the subject. On the system of finance which
shall in future be adopted, he confessedly states no view what-
ever; but as far as can be collected from observations purposely
indefinite, it seems doubtful whether any attempt will be made
by the Government itself to repeal the Sub-Treasury law.
The acts of former Governments are surveyed in the most care-
ful spirit, every expression that can give offence being most
sedulously avoided, and indeed the time of exhibiting this con-
ciliatory spirit is the only feature that can really be perceived
throughout, and, with the exception of one point, we are left
as uncertain as ever as to the financial policy of the United
States.
The Government Stocks were not at all influenced by the
business of the day, and maintain much about the same ap-
pearance as they did at the close of the market yesterday.
SUN.—Stocks were not quite so buoyant to-day. Consols
were less dealt in, but brought 891 to for the opening ;
Exchequer Bills realised 6s. to Bs. prem.; and the Reduced
Three-and-a-Half per Cents., 98i to I.
No material alteration occurred in the value of the
Foreign Securities, which were heavier; however, Spanish
Actives brought 22 to * ; Portuguese New, 33 ; Colom-
bian, 21 ; Mexican, 274 ; and Dutch Five per Cents. of
the new loan, 97. i to 1.
The Railway Shares were pretty steady. London and
Birmingham ,69; Great Western at 254 prem. ; Brighton
at 64 ; and Blackwall at 61 dis.
By the arrivals from New York we have accounts from
Fayal of the 11th ult., when nothing had been heard of
the President. A French war steamer had touched
there, and this must have been the vessel seen by Capt.
Dann, of the Chieftain, when on his voyage to Quebec.
The Stock Markets are not so buoyant to-day, and as
regards general business, we have less doing, produce
being in abundant supply, and meeting few buyers unless
at a decline.