The Sun.
London, England, 1841-05-21 00:00:00

THE SUIT, FRIDAY, MAY 21, 1841.

than the ruling principle of banditti, for thieves' 4,

will be received by the people with the enthusiasm which tl.•
' Whigs are endeavouring to excite. If it succeed, which, in-
deed, we think, cannot be doubted, the success will he owing
rather to that class, so rapidly increasing in England, which
represents her commercial wealth. These men feel that the
Continent is avenging itself on England fur ifs prohibitive
policy, by adopting in its turn a similar plan, and they per-
ceive themselves by degrees becoming excluded from the great
commercial markets of the wcrld. Manufacturers in England
cry out against this state of things, and their cry most be
heard, for her real strength is in her manufactures. The able
men who, in the opposition as well as in the Government;
direct the destinies of their country, are aware of this perilous
position, and, for our own part, we are convinced that one of
the first acts of Sir R. Peel, on coming to power, would be to
reform the Corn-law enactments.

honour will not allow them to plunder one an-
other, while to plunder one another is the essence
of the so-called system of protection.
Upon the ground, then, that these very im-
portant' questions are new—that the present
Parliament was not assembled with any view to
them—that -_the people would not be contented
with a decision pronounced by a Parliament
so assembled, we hold that the circum-
stances not only justify, they command the
Ministers to appeal to the people by dissolving
the Parliament. Is it to be supposed, were a
Parliament assembled expressly on account of
these questions, involving such great moral prin-
ciples and such great commercial interests,
that Liverpool would be represented by
Viscount SANDON and Mr. CRESSWELL ;
that Bath would have sent such Members as my
Lord POW ERSCOURT and Mr. BRUGES ; or that
Sunderland and Whitby should find no better
organs of their interests than Mr. Alderman
THOMPSON and Mr. A. CHAPMAN? The princi-
ples now at issue, and the interests now involved,
demand for the public service the most high-
souled, most energetic, and most sagacious men
of the whole empire; and the present Parlia-
ment, called in peaceful quiet times, and for holi-
day purposes, . contains very few such men.
Whatever the Constitution may say, though,
as we read and recollect it, the Ministers
will act perfectly. in accordance with its letter
and its spirit, the peculiar circumstances we have
adverted to, and circumstances overrule all human
enactments, fully justify the appeal which we are
now confident the Ministers mean to make to
the people. As the electors decide, so will this
magnificent empire be renovated by a really
honest policy, or stifled and destroyed by its laws
being made to promote corruption, favour dis-
honesty, and sanction 'plunder.

I The Debats mistakes the temper of the English people,
why are never indifferent to political questions bc.,cam- e
they are not promised all that they want. Their greatett
struggles have been for half measures, among the fore.:
most of which we class the Reform Bill. They are always
ready to fight manfully for what they can get, we:l
knowing that the slightest change in a good direction
necessarily produces others. Perhaps there is no people
in the world whom slight modifications; of a system satis-
fies so well as the English. The reason, is because we
are an eminently practical people, and never step in
the dark if we can help it. The bulk of the people are
certainly in favour of a total repeal of the Corn-
laws, not for the reason assigned by the Debuts, but be-
cause the Corn-laws were a political experiment, which
has failed after a patient trial of twenty-five years. Ne-
vertheless, they will not, on that account, less cordially
and enthusiastically support the Ministerial proposition.
They know that the social and political machine, once
set in motion, will not stop at one rotation of the wheels.
Besides, they are fully sensible, that in a great commer-
cial country- like this, the proposed amount' of fixed duty
will have very little influence upon the price of bread.
We enter not here into the merits of the Corn ques-
tion. This is done at sufficient length in other' articles
in The Sun.- The Debats falls- into the vulgar Conti-
nental error, that the support of the Church falls'exclu-
sively upon the agriculturists. No fleece escapes the
ecclesiastical shears in England. Even the goats are as
closely clipped as the sheep.

The- Paris Journals of Tuesday have all
reached us. In the Moniteur of that date we
find the following telegraphic despatch :
ToutoN, MAY 17, 1841.
(Received at Half-past Seven o'Clock in the erening.)
THE MARITIME PREFECT TO THE MINISTER OF THE NAVY.
The expeditionary corps re-entered Algiers on the 9th
instant. The Governor and his Highness the Duke de Ne-
mours arrived there on the 10th instant, after having re-
victualled Aletleah and Alilianah. On the 3d instant the
enemy assembled, upon the mountains above Alilianali, from
5,000 to 6,000 Kabyles, and his regular infantry, which, in
case of need, was to he supported by a mass of 15,000 cavalry,
collected in the plain of the Chelif. After a feigned retreat,
the charge was beaten along the entire line, and the Arsbs
fled in the utmost disorder, leaving several hundred d ad on
the field. The left wing, commanded by his Highness the
Duke de. Nemours, was the one most seriously attacked, and,
in repelling the charge, his Highness led on bravely the 24th
regiment of the line, of which the Duke d'Aumale is Lieu-
tenant- Colonel.

We learn with pleasure that the shipowners
of Gateshead have taken the field against the
Corn-laws, and we are only surprised that the
shipowners as a body have not before come for-
ward to aid this cause in every part of the
empire. Whatever augments our commerce
must increase the demand for our shipping.
The repeal of the Corn and Provision-laws
would not only increase our trade, enabling our
manufacturers to export and import much more,
but they Would enable the shipowners to pro-
vision and sail their ships cheaper. Ma-
terials would not cost so much, :and the ship-
owners would have more to do, and they would
have more profit on what they did. Though a
great outcry was made against Mr. HUSKISSON'S
alterations on account of the injury it was said
they, would do our shipping, there is at present
no intelligent shipowner who will not admit that
they have benefited the shipping interest.
But the Corn-laws are bound up with other
injurious restrictions. The timber duties injure
no class of men so much as ship-builders and ship-
owners. They compel the builders to use worse
materials and the shipowners to give a higher
price for a worse article. They induce them to
shove off needful repairs, on account of the
great expense, till ships, and crews, and cargoes,
are lost. Trade is the daughter of freedom, and
will extend, as restrictions are lessened or re-
moved; shipowners have a great interest in re-
moving restrictions on trade ; they are amongst
her most favoured servants and instruments,
and can only thrive as she thrives. It will
be disgraceful, we think, therefore, should
the shipowners of London, Liverpool, Leith,
Greenock, Newcastle, Bull, Shields, Whitby,
&c. &c., not imitate the' good example set at
Gateshead, and exert themselves to procure a
repeal or the Corn-laws and a reduction of the
duty on sugar and timber. Trade depends on
production and consumption, and both will be
increased, causing more to be exchanged, and
augmenting freights by removing vexatious
restrictions. Sailors, too, and all who are con-
' nected with them, love freedom and honesty,
and they, will not be true to their character if
they do not exert themselves to set trade free
and put down the knavery of the landlords.

" On .returning from. Pont-el-Kantara, on the Chelif, an
affair took place between our gensdarmes, the Moorish gent-
darrnes, and the regular cavalry of the Emir. It produced a
razzia ; 175 Arab cavalry, were put hots du combat, several
chiefs were killed, 60 women or children, some of whom were
of distinguished rank) were capture-I, together with 17 other
prisoners, and from 1,500 to 1,600 oxen or sheep were seized.
"On the Bth inst. a razzia was made against the tribe of the
Sourmata with the greatest success.
" During the expedition we have had 10 cr 12 men killed,
and 50 wounded. The loss of the enemy is rated at more than
500. killed. Coleah was attacked vigorously on the Ist inst.,
but notwithstanding the weakness of the gams= the enemy
was repulsed with lms upon all points."

The, utterly destroying whole villages, called
razzias, is a favourite mode of warfare with the
French in Africa. It would appear that there is
something pleasantly exciting to the French sol-
diery in surrounding suddenly•with a large body
of troops an isolated Arab village, and regul .rly
fusillading every unfortunate wretch attempting
to escape from the flames by which he finds him-
self encircled. The war in Africa, like the Ame-
rican war against the Red Indians of Florida, is a
war of extermination. Such wars are hardly
more hurtful to the destroyed than the destroyer.
In the one life is extinguished; in the other,
every moral and good feeling which elevates man
above the beasts that perish. The soldier becomes
a demon. He murders without necessity and
without remorse. The unarmed finds no protection
upon his knees, begging for what GOD gave, and
what GOD only has a right to take away—life. A
musket ball or a bayonet thrust arrests the prayer
fo'r mercy in his throat. And this is the school
in which the sons of King Louts are perfecting
themselves in the art of war I

•
Letters from Tiflis, of the 25th March, announce
that a Russian army of 45,000 men, and 80 piece
of cannon, had set out on its march against the
Circassians, whom NICHOLAS does not despair of
reducing to a state of vassalage. The following
details are feoni a letter in the Constitationnel
of Tuesday :
This army is accompanied by an immense waggon-train. It
is destined to act particularly against the brave Schamil and the
Tschetehenks, opening its operations with the siege of Cheskei
—a place so well defended, both by nature and art, that the
Circassians believe itto be impregnable. The Russians at-
tacked it during, the last campaign with an imposing force, but
were unable to carry it. It is the ordinary residence of St:ha-
-roil, whose indefatigable ardour in defending his native land
against Russian aggression excites universal admiration and
sympathy. He is making great preparations by raising the
country, calling the Mussulmans to arms in the names of reli-
gion and liberty, and encouraging them to make the most ob-
stinate resistance. The Russian Commander-in-Chief, fear-
ing than the Khan of Shamkaal, who some time back made
his submission to the Emperor, and whose territories lie be-
tween the Tschetchenks and the Caspian Sea, may be seduced
by the impressive appeals of Scha.nil, and the examl.le of the
neighbouring people, has sent emissaries to watch his conduct,
and keep him, if poesible, faithful to Russia. Gen. Grabbe
is to command the right wing of the Russian army, and direct
operations on the line of the Kouban ; and Generals Aurep
and Raiefsky are to conduct those in Greater Abasia, should
the Russian Government decide upon sending troops to resume
the offensive in that part of the Caucasus.

We have been often puzzling ourselves to

learn from the French Papers what becomes of
the French troops sent to Africa. In all tele-
graphic accounts of battles fought with the Arabs,
the usual proportion of French killed never
exceeds two to a hundred of the enemy, and
as we never hear of any extraordinary
mortality among the French soldiers, we
should like to know what becomes of the
20,000 men per annum, which, according to M.
DuriN, and other Members of the Chamber of
Deputies, her conquests in Africa cost France ?
Do they disappear from among men, like
RomuLus and Nuys; or, are they undying,

like . a constitional Sovereign of Great Bri-
tain ? Can their precise fate be surmised,
like NionE's, by a moisture; or, Dr.
FA USTUS' by an intolerable smell of sulphur? It
s certainly very odd that so little is heard of
them, save in connection with their countless
victories, after their departure from Toulon.
There
.is another, and a very different,
matter upon which we should like to ob-
tain information. The National states, that
M. GulzoT, anticipating a change of Minis-
try in England, applied to Sir R. PEEL
to know in what way would he conduct the re-
lations between the two countries. The slippery
Baronet assured him that no exertions on his
part would be. wanting to re-unite the two coun-
tries in the bonds of friendship, which assurance
so gratified the .French Minister, that all the
Journals subservient to him were ordered

There is very little domestic news in the Paris
Journals. The following remarks on the acquit-
tal of another Journal for publishing the alleged
Louts PHILIPPE Correspondence, is from the
Courrier Francais:—

The Calvados Court of Assizes on the 14th inst., acquitted
the Earn, a Caen Paper, on the Government prosecution for
an indictment of offence against the King's dignity, in an ar-
ticle on the Louis Philippe letters. The Lmancipation, of
Toulouse, was acquitted on a similar accusation. It is impor-
tant to remark that every prosecution by the present ;Minister
of Justice, ot a departmental Paper, has ended in an acquit-
tal. The Journals prosecuted have been the Echo du Nord,
the Liberal de Douai, l'Espoir des Ardennes, the Nouvelliste,
.the Patriote de l'Ain, the Memorial Dieppois, the Journal
de Rouen, the Ema: cipation, the Haro, the Gazette du Dau-
phine," &c.
Out of the Court of Peers the French Govern-
ment is never sure of a verdict. What a satire
this simple fact is upon the general conduct of
that Government ! How deeply engraven upon
the heart of France must be the record of official
oppression, when twelve men cannot be found to
bring in a verdict of guilty upon any charge
brought forward by the Minister of Justice, un-
Tespf the jurors happen to be Peers. In England
a Government prosecution rarely, if ever, fails
in France, unless he has to face the Peerage,
every political offender is more than a match for
the official prosecutor. It is easy to understand
from this, how different is the position of the Go-
vernments in the two countries:
A modification of the Cabinet is still much
talked of. Upon tide subject the National has
the following observations
The intestine struggles of the Ministry would furnish an ex-
cellent subject fora comedy. Marshal Soult no longer undo--
stands anything,
intellect,and the rust of his scabbard. The Marshal's brain is
and throws always on others the failing of his
in two parts—one in his own head, and the other in that ot M.
Teste. Both together they
make a phrase—the latter being
the verb, the Marshal the substantive, and .M. Villemain being
always the adjective in the council. . When M. Teste does not
explain, then Marshal Soult only sees cloudily, and he gets
angry ; then he speaks of himself, of former times, of Aus-
terlitz, and of Genoa. He always meets with a mute but very
marked sympathy from Admiral Duperre, who stands up in
support of the esprit militaire. AS to M. Humana, he has
come back to his old chorus of ' I im no doctrinaire, I have
always detested the doctrinaires.'
Although he appears united
at this moment to Marshal Soult, by their common detestation
of M. Guizot, he does not profess great esteem for the lavish
manner in which the Minister of War has used and abused the
votes of the Chamber. M. Guizot, on his side, has the utmost
difficulty to restrain the contempt he feels for the united capa-
cities of his associates, and hence his desire to draw to him-elf
so able any any as 111. Dufaure."
The French Budget was voted in the Chamber
Deilutieti on Monday,
votes against 46.0 f
by a majority of 198
The following are extracts from theoe paper; :
_ . _

to take every occasion to recommend a
change in the British Cabinet.
.Hence it is,
according to the National, that the Debats,
which supports the Ministerial plan for modify-
ing the Corn-laws, endeavours to make it appear
that Sir ROBERT PEEL is the only proper person
to carry it into, effect. Has, then, Sir ROBERT
explained his Corn-law policy to the French Fo-
reign Minister? Is his shuffling pledge to the Tories
to do nothing for'a year, to be followed by his
throwing such another political summerset as he
did upon the Catholic question ? If the Right
Hon. Baronet has concealed his intentions from
the Liberals, it cannot be said that he was more
communicative to the Tories. HaS he deposited
his secret in a French bosom, and are we to con-
clude from the Debats, that he wants but a year
in office to betray the aristocracy by abolishing
the Corn-laws?

The Journal des Debate of Tuesday has another long
article, on the Corn-laws, the debate upon which, in the
British Parliament, in connection with the sugar duties,
excites the liveliest interest upon the Continent.. The
Debats is the Court oracle, consequently all its articles
have a decided leaning towards the aristocracy. It may
be proper to premise, that the Debate' reasons upon the
assumption that the Ministers would at once resign if
beaten upon a division, and that upon the Tories would
devolve the consistent and pleasing task of supplying the
working classes with cheap food :
The English people in general only embrace with ardour
questions in their totality. What is popular in England is
the total repeal of the Corn-laws. The Ministry propose
simply a reforming measure, and not a revolutionary one. Its
moderation will gain the approbation of all persons moderately
inclined; but the same quality will just as certainly deprive it
of the support of the masses. For our own part, if we had
numbers,
seen in this question onlithe prospect of a struggle between
which the Ministry
the :ich and and the poor, or the sacrifice of property to
ed
loudly as we I,:ve denounced the factious character vvitli
we
.should have reproved these measures as
reform appears to us fowl,
prietor a protecting right 4.‘d as much on equity
.as on
Investedoverthe them.agric
humanity, bee.au,e, whiht it lessen; the charges w'erugi,a)o.
heavily on the consumers, it preserves to the- landed
last-named class in England support the greatest part of ti.,
public charges, pay tithes, dP llspeaking, the poor-
-, , genera y
rates It • is only justice, then, that they should be protected
against the competition of foreignproduction by a due equi-
valent to the taxes which they The abolition of all i
duty imported pay.
on corn would not. be equitable unless it was
accompanied by the abolition of tithes. The great, the nsi-
ful effect of the proposed reform will be to introduce
economy amongst the poor, by holding out to them the ee1...,
tainty of fixed prices, and. this in the minds of reflecting
men, is undoubtedly a real benefit. But slow arid moderate
reforms, which are the most, durable, are also the least po-
put.r. The mere principle 'of safety 'is 'not a matter sulfi-'
ciently palpable to strike the perception of the masses, and
it is not in human nature to exhibit enthusiasm for mere
tranquillity. Hence we doubt much that this proposed reform
ultßuraatl :Pos.

said that he had given notice of this intention to the Council of
! Ministers, and that it is resolved that the loan shall be au-
noonced next month, to be decided in July.
A great deal has been said of the failure of a great banking
house at Lyons. It appears, according to report, that this
house has made numerous loans on pledges, which have not
been repaid, and that it is corpequently embarrassed, though
its debts are much below its effects.
The reports of a speedy modification of the Cabinet gains
grornd, and some persons pretend that it is very possible that
Humann may not have to direct the negotiation of the loan.
Linder the influence of these circumstances stocks have declined
a little.
On Saturday last Count d'Appony, the Austrian Ambassa-
dor, had another conference with M. Guizot, at the depart-
ment for Foreign Affairs, and on the same day a courier of
the Austrian Legation set out for London, with important
despatches for Prince Esterhazy.
It is said that M. Guizot and Count d'Appony have fully
agreed respecting the manner in which France is to return into
the general system of Europe.
The Toulon Journals of the 14th say :—" We are assured
that the two ships of the line, the Jemmapes and the Fried-
land, arc ordered to join the squadron in the Mediterranean.
By this reinforcement the squadron, which was' reduced
to sixteen ships of the line, in consequence of the separation
of the division under Admiral Lassuse, will be composed of
eighteen ships of the line, forming two equal divisions, each
commanded by a Rear-Admiral. Rear-Admiral Casy will
command the first, and Rear-Admiral De Moges, it is said,
will command the second. Admiral Casy's squadron is pre-
paring to sail in a few days to the Heires Islands, to relieve that
of Admiral Hugon, which, it is said, is coming into port for
some repairs. It is said that Admiral Casy will soon go and
cruise off the Balearic Islands."—Le Commerce.
BOURSE—PARIS, TUESDAY, MAY 18.
first Highest Lowest Last
Price Price. Price. Price
French ti per Cents ll4 95 ... :14 9n 14 80 ... 111 SO
#t er cents ..+9 30 ... 99 30 ... nu nO,„ 99 3,)
3 per Cents 7947 .... 79 40 ... 79 35 ... 79 35
lank of Prance
Latlitte Bank I,ooof. St ares 116 i ...1065 ...If 65 ...1065
5,000 f. Shares 5155 ...51,3 .4153 .4155
Heigian Bank
1841 lO .11 ...1030 ...1039 ...1030
5 per Cents.
New Loan Hit .. 101%
Spanish Active ?.4% ... 24% ... '24%
5% ... 5% 5% ... 5%
Portuguese 3 per Cents 2O ... 20 20 ... 20
Neapolitan ........ 104 IC4 10 ... 114
Roman IC2% ~. 1021% ...1025 ... lo2q
Dutch 2% per Cents. 52% ... 52% ... L 2% ... 5.%
PAIL WA Y SHARE.B.
St Germain
Versailles. LB ......«.......» 232 50 232 50 ... 232 50 ..:3d 50
B 347 50 ... 357 50 ... 257 50 ... 357 50
Rouen 460 450 ... 460 ... 460
Montpellier to Cette 2,10 230 ... 230 :30
Orleans . • 4BB 75 458 75 ... .88 '75 ... 418 75
'tarburg to Hale '232 ... 232
_5O ~ 232 232 50
DUTCH FUNDS.—AsisrEruAas, MAT 17.
Money. 0i ls.
ulna' Debt, 234 per Cent
Ditto, ditto 5 per cent.
Amin t Syndic, 4% percent.... 76 91%
Ditto, ditto, 356 per cent 74
Commercial Company, 4,4 per cent...., ltla% 1631 i
Ditto (1835 and 1837) 5 per cent. .. lOl% 102
Loan 1837„.5 per cenL ......... ....... 9,% 97% •
EXchange on London, One month l2 e 23
Two months 11 92)4
Dutch Papers, May 18.
e ELM AN U NDS—BausvaLd. May 19.
Actual Debt, 258 per Cent.
Rothschild's Loan, 5 per Cont 103%
Loan of Thirty Millions, 4 per Cent....., 93
.3 per Cent.

Thirty.seven --- - 70%
(L4O) lOl
Loan of City, 1832, 4 per Cent 81,4
Society of Commerce, 4%per Cent lOO
Bank of Belgium, 5 per Cent... .......
National S&ciety . —
Exchange on London (short). ' 1195
—Brussels Papers, May 15.
AUSTRIAN FUNDS.—Vtansra, MAY 11.
tive per Cents. 111eta11ique5•.............. lOl%
FOAt per Cents. ......... ....... ......... .............. 100
• Three Ira Cents...„.„ 78%
Rank Shares ... ........ ....... ........ 1644
.—Allgemein.....e Zeitung. May 15* - • -
PRUSSIAN •FUNDS.—Bitaufsi ,MAY 14.
Bills. Money
St. Schuld. Sch., 41,, per cent. 1114% 103%
Prussian English Loan, 18341, 4 per cent 101 101 k
luxeliange on London, three mouths 0 19%
—Prussian Stale Gazelie„ May 15.
HAMBURG 13ORSENHALLE, Max-15.
gills. Money
Austrian 5 per Cents.
Bank Shares
A nOo.liussian Loan .. 10- % .004
Russian 5 per Cent. Ist series, Certificate
Inscription, Ist Se • c's lO2
Russian 5 per Cent. Hop:: and Co. 3d and 4th
Series ... 9'54 9714
Ditto in Certificates
New 4 per Cent. (1$40) 87% t,";%
Dutch ,ctual Debt, 2% pe Cent 5154 51
Ditto 5 per Cent --
Polish Bond:
New !.icket
Anglo. Danish Loan, 3 per Cep*
N.,' wegi an Loan, 1834, 4 per C.a:. •
Spanish, New 5 per Cents. 16%

THE GREAT MONOPOLY DEISATE.—A Morning Con-
temporary, sadly annoya that The Morning Sun out-
stripped it and all the other Morning Papers, by send-
ing off a full report of the debate by the first trains on
W ednesday, asserts that it " was dispersed throughout the
country by the very earliest trains on every line ofrailroad
from London." Will our Contemporary stick to the truth,
and tell us how many copies of that paper were sent off by
the Six o'clock Birmingham train, which carried The
Sun to alt the great manufacturing towns and counties
in the north ? If he tells the truth he will answer, none,
except a stray one in the pocket of some lady's maid.
The same veracious paper calls The Sun a reprint, which
contained the whole of the debate that finished at Four,
and was sent off by Six, at least two hours before it, with
" its nine columns, &e.," started.

MONEY and COMMERCIAL NEWS.
CITY, THURSDAY EVENING.
Independent of the improvement which is occurring
gradually- in the value of Exchequer Bills, the premium
on which to-day was as high as 4s. and 75., the Funds
generally begin to assume an appearance of greater
buoyancy, the continuance of which, however, must de-
pend upon the course of political affairs.

The Stock market generally was pretty steady to-
day, and a fair average business was done. Consols for
immediate transfer ranged from 89:1 to 90, 'and for the
settling day on the 25th inst. from 89i to 90. There
was an idea that the Bank of England might have issued
some notice relative to an extension of its discounts, but
the transfer books, it must be remembered, will not close
till next month. India Stock for Account was at 250,
and India Bonds were at par. The New Three-and-a-
Half per Cents. realised 981- to 984; the Reduced Three-
and-a-Half per Cents. 971 to 971; and the Three per
Cent. Annuities 888 to 884.
As to Foreign Stocks there is scarcely any business
doing, and sales when attempted are only made on in-
different terms. The Active Spanish Bonds remained
all day at 234 to 23i the Deferred were at 111 ; Colom-
bian Bonds were marked: 228 ; French Five per Cents.
114 f. 50c. • Austrian 109 to 1091, and Dutch Two-and-a-
Half per dents. 521. This comprised the sum total of
the business done, not a bargain having been reported in
Portuguese Securities.
The Railway Shares met rather an easier market
to•clay, and were better supported. Great Western
Railway Shares were at 28 to 29; London and Birming-
ham at G 9; South-Western at 178; and Croydon at
premium. Brighton were 32, Manchester and Leeds,
New, 8 ; North Midland, 281 ; the New, 51 ; and the
South-Eastern, 171 discount. National Provincial Bank
of England shares were discount ; Provincial Bank of
Ireland, 17 premium ; and Union Bank of Australia,
9 premium.
It is satisfactory to state that Dr. Rolph, the able pro-
moter of emigration to Canada, has declared his inten-
tion of standing entirely aloof from the proceedings of
the British North American Colonial Committee, in re-
lation to the timber and corn duties. This gentleman
justly prizes his noble cause too highly to suffer it to be
made a mere party question, with which it might ulti-
mately be confounded, if not crushed.

(From The Sun of Last Night.)
LIVERPOOL COTTON MARKET MAY 19.—We have to
notice no improvement in the MARKET,
Market to-day ; the
sales amount to 4,000 bales at former prices ; 150 Pernams,
and 250 Surats have been taken by exporters. In speculation
there is nothing doing.
LIVERPOOL SHARE-MARKET, MAY 19. The Share
Market is still much depressed as to Grand Junctions, which
to-day sold at 203. In other Stock the following are the
quotations :--Eastern Counties, 81. es. ; Edinburgh and
Glasgow, 293 ; Ditto, New Shares, 23; Leicester and Swan-
nyford, 53; London and Birmingham, 321. Shares 53; North
Midland Shares, 11/e.
MANCHESTER STOCK EXCHANGE, MAY 19.—We con-
tinues very inactive. Edinburgh and Glasgow, 373 ; London
and Birmingham, Thirds, 24; North Midland, Thirds, 275.
prem. ; South Western, 57 58; Midland Counties, 87 88;
South Lanca,hire, 53.
We have received toe Journal of Antwerp of es'erday's date :
BOURSE OF AMSTERDAM, MAY 17.—There has been
some business doing in the Actions of the Society of Commerce,
owing to the liquidations ; some demand has kept up the
pike ; 14_ tog per cent. has been paid for continuation to the
15th July ; the other National Funds are firm ; Ardoin's is not
so good.
By the Batavier Dutch steamer we have received the Dutch
Papers of the 16th inst., bringing the Amsterdam prices of the
17th inst. Two-and•a- Half per Cents., 52: Five per Cents.,
1,93 ; Ardoin's Spanish, 221.
The general topic of conversation is, what do Ministers intend
to do? Report says that they will go on for some days longer,
and afterwards dissolve. This state of affairs continues to pa-
ralyze all commercial transactions and damp the spirit for spe-
culation in the funds.
Consols opened this morning at the leaving off quotations of
yesterday, 693 90, both for Time and Money ; Exchequer
Bills 4 6 prem. ; Bank Stock 178 179 ; India Stock 2503
251/ ; India Bonds 2 dis. par.
In the Foreign Market, the prices are nominal as yet.
Spanish Active, 233 24 ; Deferred, 113 3 ; Passive, 5g r ;
Portuguese, 331 34 ; Three per Cents., 203 ; Brazilian, 673
66; Colombian, 223 3 ; Mexican, 28g 3 ; Dutch Two-and-
a-Half per Cents. 523 3 ; Five per Cents., 99% 100.
SHA RES.—Great Western, 26 29 prem. ; New ,131 143 prem. ;
London and Bi ighton, 43 33 dis. ; Blackwell, 7 6 dis. ;
Birmingham 68 70 prem. ; Southampton, 56 57 per share;
Croydon, 133 4 per share;. Greenwich 83 per share; Man-
chester and Birmingham, 153 143 dis. ; South Eastern and
Dover, It 4 174 dis.
PRICES OF SHARES THIS DAY AT ONE.
RAILWAYS. Paid. Per Share.
Great Western
London and Brighton
London and Birmingham ... 90
Manchest•er and Leeds
Ditto New Shares
North Midland
South Eastern and Dover

An Alexandrian Correspondent of the Sud of Marseilles - -
S per Cent. Consols
JOINT STOCK BANKS.
writes on the 26th ult. :
115"41T4hey,genclerf atlhemseorateaalti thy dbeCt:iereon h7aos
arisen
ot o
afrreo from
olmlOthtoe ' .
, Union of Anstralia,,
. Ditto New, 1830.-- Ditto
25 . 34
PRICES OF IRISII STOCKS, DWAIN, MAY' Is.
PI •88j- Bank Stock. -...,
20, but the-mortality is ,
Here Three and Half 97 Grand Canal Stock.
"'
Ditto Reduced Stock
Ditto llebs. 6 per cent... 85i
otlertsd the more alai►uing ia tlke quarter occupied by foreign- ,
...4.h . • -. d t. is true the Eu.97i Ditto 4 percent
14)aegduaeiV40111e4grattetheiiki.iatrsoe, several high p_rsonages. ll.•re
~,.„ • etto exempt, becoming idea* •j• , ~.
89; Royal Canal Stuck
ropeans,.who 1.. . r'f! take
;I.l:itill::;ciiCulogr.u.e:ae.a:nn , and their are the victims pf The unsettled state of our local affairs causes a great dullness
time shown . • '4'"" a -..v be attributed to the ab- in tti-e City. Bgth speculators and the moneyed interest are at
hive this i 3i per Cent. Debs.
pru,.....
surd which fl-
oorage, d . •.ten-contagionists, .1 n w da.e 2 X OUSI waithrs the deter-
time -II loss Qk o hpw to pd., all r I) I „.Y ... , r
-- I Money continues much the same as yesterdays from 4 t 7
1 ati.m of Al' .- . '
opinions of some physicians, who are .-
disseminated. The' !ague o their 114 .re oer t' 8.
'ante m•" Ousters in re§PePt t . 1.. P it KM
being A' • slacient preeautioni,
has also made its app,...
On
board" two' A- •and two has.
ships, The la,,t ' ~cording to the security offered, . 0
French ustrian ter cent •• - notch mail of the 19th inst., with
steam-packet refused to take any passengers. 'l•he i' . w •, - -
VI 1 cero., ro
J m the same motive,. continues to live retired at his p
• e have receiveo iii. - . —.ordain prices of the
enn"try residen The English war-steamer, Phoenix, has. apers of the same date, bringing the An—. - .
' s.
arrived to- day'
ce.
.....-aws fro_ .-. • ~ h inst. ' f wo• _ . , er Cents. 51 ; Five p,•r
~......
18t I wo and a Ha.f p I p
The, future' T
._E,II opia. • 1:N , , Ardnin's 24 . lhe Exebauge comes 12 guilders 5 een-
subjectof • t. •
loan' is" still the
times t shyer better.
nge. The- report of the day was, that Al. Hamann, not . ..., • .
ha '
%ring been able to come to an agreement with M. Rothschild, hay.,: •
uonsols 'whic ' the early tart of the morning at
, h were in 90,
had resolved to have recourse to public aijudication. It is since continued at 89; 90, with scarce a bargain doing.