The Sun.
London, England, 1841-06-10 00:00:00

ARRIVAL

LINT, a POOT„ Wanesdall.
The Britannia has, at last, arrived safe and sound—'
just when the anxious were beginning to prognosticate
evil tidings she has arrived to set the fears of all at rest:.. 14joy
She was telegraphed off Holyhead at half-past clevell.Y
to-day, but the weather being then hazy-the signals ail.,
not come through till nearly one o'clock ; she was eq:,74
dently " all right" in her machinery, as-was testified7ll:
.her passing the other stations on the line in quick "sue_:
sc
cession, making fully ten miles all hour, and reached fhlt-77-'°'
(r
Mersey in good style, through the Victoria channel (it,"
being nearly four hours ebb tide) at half-past six, en'
landed her mail bags at a quarter before seven. .
We learn that the cause of her detention happe.ned
thus :—She left Boston, as advertised, on the 16th, and
Halifax on the 18th, when, all being ready, she Pr°"-.1. :1 ,
ceeded on her voyage. Shortly after leaving Halifax, „.
and whilst still in charge of a pilot, she very unfortu:r
nately got aground, but was got off at the next tide, and
„.
returned to Halifax, and, though she had not sustained
any damage, it was deemed prudent by her careful as
well as enterprising owners to send her to St. Johns, •
where she was overhauled, and it was found that This
might have proceeded on her voyagii with safety. This
circumstance delayed her departure from Halifax until the
29th, when she again sailed, with about 90 passenger, ,
and has made the very rapid passage of 11 days. •
As the detention of the steamer was not known I
New York in time to make up fresh despatches for -her
before she sailed on the 29th, we have no later direct ad'
vices than the evening of the 15th. We gather, however,
.„
that the hearing of M'Leod's case, after being postponed
to the 17th, came on on that day, and was likely to ne-
cupy some days ; the result had not reached Halifax.
when the Britannia left. There is no other news of
litical importance in the papers.
Amongst the passengers by the Britannia we notige
the names of Sir John Harvey, K.C.8., Lady
Harvey
and family ; Captain Nugent and Captain ,Cox, British •
~
army ; Captain Agnew, of 93d Highlanders ; Captain
Crutchley, of the Fusileers ; Captain Fitzherbert,
Rifle
Brigade ; Major Bowen, Fairhohne, of 7lst Keg'- ,-1.
ment ; Captain Dickson' Mr. and Mrs. Ogden and nI"
mily, of Montreal ; the Catholic Bishop of Charleston.
Judge Curter and lady, &c. They have entirely co;
curred in expressing their warm approbation of .
the
.E.='!.
kindness and hospitality of Captain Cleland, as well as 9L„
the excellence of his seaman-like qualities, and have
far-
they subscribed a handsome sum to purchase a gel u'
chronometer to be presented to him.
The New York papers by this conveyance are ono
later than those received by the Stephen Whitney..
(From the Evening Express, May..":jf;
3PLEOD CASE.-The Supreme Court was crowded tO etiwt
cess this morning, in the expectation that this case would colt/o'4
up for argument. It had, however, been postponed, co Pl-- •.;49'
motion of Willis Hall, Attorney-General, at the adjourzonfte,"
of the Court on Thursday night, as he presumed the frit :;54:11`44
Ezra White would not be conclueed until this day, and he ^*""Ede
desirous of having more time to prepare himselE The .00w7{:vlrn
therefore, fixed it for Monday morning, when it will take Pre.los'
cedence of all other business. ofti
MONEY MARKET.
•
WEEK ENDING THE 15TH OF MAY.
re. •
A greater activity in business has been manifested the P.-
sent week than we have recently had occasion to notice' ,2
although the demand for money has been limited, and 7,44/7$
make no alteration in our quotations. Good business
freely discounted in bank, and can be negotiated in the stre7,!:P:
••
at bank rates.
We notice no improvement in the quotations of domestic es:f
change. A fair business has been done, at about the rates ;
the previous week. The transactions in sterling have lOg,
1 4
quite extensive, at a slight improvement. uti
The fluctuations in stocks continue small, though the arnoclotk,
of business done is rather increasing. No improvement.
be noticed in those descriptions usually denominated " fenc7h; P%
nor is the disposition evinced to make time contracts 'go
has heretofore been the case after an extreme depression.
siderable investments are making in these stocks whose
.t
Bends dends are considered certain, 'and the caution of capitalists .;..
never been more strongly exhibited than at present.- 'lOl `"0
Formerly large investments were made in stocks which the!.!,,
fallen the most, speculators reasoning that in those stoces
rise would soonest take place, and the profit would be grea
At present the contrary may be said to be the fact, end letoil4';
those stocks which have declined least that are most fcai
sought after. WO
The rise in State stocks which we noticed a week or
dive, has not been maintained, and they have receded ne_rief
to the point of extreme depression. This may be attribute,,
the great uncertainty still existing as to the payment of th°60.,11,
terest in July. We cannot consider this a doubtful- seti:•l`r,
even if nothing should be done at the extra session 'w;"salisel;
lated to restore confidence in our securities both at home '0
abroad. 110411$
The division of the public lands would undoubtedly-de tbis

,owards re-establishing confidence in the stocks issued by.';Western and South-western States than any other %nos,
that could be devised, short of an assumption of State 0_1:4
by the General Government ; a mode of relief which eliPviss'
to meet with but little approbation in any quarter. /in ds:"
certainly appears, that with a large public domain in they ellos'
of the General Government, which, under a revision _of
tariff, would not be necessary or desirable for the purpee7is
Government, measures should be taken speedily to distribl set
among the several owners, or to make such arrangete7o.
its ultimate distribution as shall relieve the States from the jos
A.
gicion now resting upon their credit, and afford a reason
uarantee of a fund to aid in the ultimate redemption of 74e,
debt, aside from the income of their internal improveseen,tiss
The course that will be taken by the banks of Penne/11;1r
on the subject of the new law appears not to be delestbso!
settled. The opinion most prevalent is, that many, Iteu:ss it
considered most solvent, will decline it. We have he"os,,
gravely argued that it was for the interest of the banks 4°A,
cept it, inasmuch as, in addition to an exemption frcetoss s,;
pains and penalties -of the previous law for five.yeare,''
in fact giving them a bonus of the interest on the State ?:,Wo
for that time, giving them the privilege ()liming theirZstse
obligations without interest in exchange for those of the elate,
with interest: This is certainly plausible reasoninw'ae fit!,:;#
it goes, but we conceive there are other considerations of em. -
weight in this matter. 304'
The stock becomes a legal tender only while the sei'
remain suspended, and when the next resumption ev-of'.s
if ever it should come, the loan upon the State stock' tips
exceed the previous gain of interest of the other,
_ettself',
gent advantages. It may be that many of the bane* -4,se
cipate their ability to resume in a much shorter time
that fixed by law, and wish to avoid so large an inerealds
liability; and it undoubtedly is the fact that a depreciadere'
7.
the currency, such as that now contemplated, would be esioo.
obstacle in their way whenever they undertake a restanl6'tbers,;
All will admit that the nearer their currency is kePP
value of specie the less difficulty will be experienced so
ing an entire and permanent resumption.
It is stated that the Directors of the United Stet eewor ts'
have it in contemplation to make another trusteeshitg. 'histle
purpose of protecting their deposits and circulation. _octts
undoubtedly correct, after the previous steps taken for P; c,
ing their post-notes. We noticed that another meeting
Stockholders takes place on Tuesday next, when sel
further may be determined as to the fate of this Inss,
"'
Institution. -we thit
,
The sales of United States Bank shares were iereaset
morning, extending to upwards of 2,000 shares, at an Fives fes
ment of ; Haarlem Railroad improved a Indians rii"
off 1/2, and Bank of the State of New York 34. w 034
EXCIIANGE.—FOREIGN.—But a light business de`nr' -
without change in prices. Bills on London, to 71' Ans, 00
DOMESTIC. —The only sale we have to report is lir".
Baltimore at 95g. We quote
On Boston
•
Philadelphia •••• 4to 4
Baltimore par
r 1
to
4
Richmond
u,_
Charleston li to la
Savannah
Mobile
7 to e ss'
New Orleans -
North Carolina
Cincinnati 9
Louisville... 9 CAnia
DIVIDENDS.—The New York Bowery Fire Insurance°, the,
pany have declared a dividend of 10 per cent., payable
Ist of June. de elated
The Mutual Insurance Company have this day
dividend of 5 per cent., payable on the Ist of June. cosiss,
A case is now before the Philadelphia Court of Stet's
Pleas, to procure a forfeit of the charter of the United
_ • /
Bank, for the nonpayment of its notes.

; • ••••••••=la .
Er 0 I,
,:.
THE PRESIDENT STEAM 5,0;4
BRISTOL, Wse"ric oti 0
We have been for some hours in a state of exciteettio,
anxiety en account of another report of the safetYyjOY,/,‘
these steamers, brought to this port by the 04preP:.,(06100i
steamer. I therefore lost no time in immediately r'r" „,;
the Company's office, where, finding the informationeoiXis
firmed, I instantly posted to Cumberland Basin, wise iii
iti irieti"
prey was lying, and succeeded in finding the Cant
IA)
gess), who gave me the following particulars :—'.,,bio
minutes past two, r. at., of yesterday (Tuesday, the
'' 100
at about eight leagues N. W. and by N. of tbseoall
Islands, or about mid-channel between the' ry
Saltese, I saw a tremendous large steano.
looked to be (between masts), as long as theosti°.. "
(a large Irish trader). She had a black hull, a fltbsi°oll
which was set at her bowsprit end, and outside 0
~.it Aber
boom without any jib. She had a fore and aft ftOnor,'ol.o.
a small fore-topsail, which appeared to be set at th • Ojilie/g
foremast, as if she had no fore-topmast. she - hant WO:.
mast, and a very small gaff-topsail set over it, "r 4,40
both her mainmast and funnel. She was standlt4lo/4,,J
and, as far as I could make out, appeared to be 5.,trr4 frao
by the wind. She was rolling tremendously, and ",9,040-14
with her deck towards us I thought I conk!, yeel, 1
that the inside of her bulwarks were painteail Or' j
is)could not myself see any passengers where ~, • tot
heard from one of the sailors that he could 013 ols#
see persons on board). The Captain also .0i °,lOll
the steamer appeared to be about four miles bjscost
from the Osprey, and dead in the wind's eye. 'Shi!„
" snook," or what Sailor's term a " raking MILLI' is /Lee'
Burgess says that in his opinion she must have c'''= 1§7410
the western ocean, and she was evidently in distrestl,lolos•oo
tention probably was to have reached Milford, 1'100400;
could not gain that port she had tacked, and vno,,i, 74.0. tip
for the coast of Ireland. Upon examining the cp[ogoierr'
paring her course with it, Captain Burgess is In ,Lif „;)
she could not reach Waterford, and it was exceow7 .
whether she could fetch Cork.
soil ,to
a ok 0- ._,
EXTENSIVE FORGERIES IN •-•- 01 pr
cotton b°. • , 101, ~,
On Friday last a respectable mercantile
_.„deet ti,vl
town discovered that one of their clerks had absc"-too, „es,.
committed forgeries on the firm and two baidcs.s if o.lloe
ilit:eede ihrf:;s
amount of 8,6201. The forgeries were exfeocie;
skill. Having this amount in his possession, he fordaidelv,
sion to visit some friends in the Highlands
the favour being granted, and he unsuspeet bia• a • $.ll
were not discovered till Friday last, giving ~.ok if'oo ~
start. The key of the safe in which the bank.'" is pre bissli
also disappeared at the time he went off, which, rhe 10%0r'
he has taken with him, in the expectation that '',ools?..oott
ness might be delayed by the opening of the safersabot 7 leg'
him time in case of a sudden discovery. He leo rnsil 11
three, regarded as sober and honest, and has I) ,ide. 0
in the service of the Company.—Glasgow chN" twit 'ol4l'
A DDISCOMBE, JUNE 9.--We hear lefit: to
hese to
front of Choumara's system of fortification, . ddisee 10,0
ted in sand by the gentlemen cadets at l'e a 3 rt,..
scale of half an inch to a foot,will be complet i 0 t,efote-0.
llth instant to-morrow), for the inspectuT °re te,;;;4
andsiidsCuomumr teorf
examination.`
a m i
n (Directorsati
oonn. thativeclay, which I 7.tiet4r i '-
has reached us, for the
readers as ma feel disposed to avail then i,,,i
lo
tunity of seeing the largest Works :ever .?°--:‘,-:3:i_osiol.A
informgaltvieonthoef aIs:F:IicTIV.V4I6C274
much and deservedly celebrated system.. ,
_;..,,ufif;",
In It land, we have not only. no u.17,hy,ft,76
tahsatto
we
hee shalli.esul atdodf, ourand elections,
inconsiderably
ewraeuvarve :II
c' !;:;:141P 1) 7;
berg.—Dußits Evatin, Post. ...
•