The Sun.
London, England, 1841-06-05 00:00:00

Thit 10

LONDON:
SATURDAY, JUNE 5, 1841.

CONFIDENCE IN MINISTERS.

The Adjourned Debate was resumed last night by
Mr. SIIEIL in an able speech, which cut some of the
Tories very sereraly. lie was followed by Sir STRAT-
FORD CANNING, Mr. C. BULLER, Viscount DUNGANNON,
Sir HARRY VERNEY, COI. SIRTHORP, Mr. ILmts,
Lord S'2ANLEY, Lord JOHN RUSSELL, and S;r ROBERT
Pc'EL. At Half-past Two o'Clo.:Ic the Rouse dhided—
Aye 3 312
No('S 3ll
—1

Majority
Wh!ch decides that the Ministers have lost the confi-
dence of the House of Commons.

We cannot at this late hour say more of the debate
than to remark, that Lord JOHN RussELL's speech
was full of good matter. The Noble Lord gave
an excellent exphnation of the reasons which
made it more autn ever necessary for Govern-
ment, since the Reform Act was passed, not to give
up on one or two defeats on legislative questions.
Sir ftoecuT PEEL'S speech in reply was somewhat
personal, -and not calculated to bespeak a triumph.
own friends cheered him, but he de-
fended himself as if he
ere on trial,
."quite as much as he assailed- his. enemies. The debate
throughout has been somewhat "personal, and yet has
some of its interest by the knowledge that the real
ouestion at issue will not be decided by the that_
of

Commons but by the constituency. The people are
called on to judge, and they must read the evidence.
After the decision Lord JOT IN RUSSELL announced
that he would take the Miscellaneous Estimates on
Monday, and would then state what course he meant
to adopt as to the Corn-laws. The Noble Lord
added that he should also consider how he might re-
ply to the charge brought against him by Sir Ro-
BERT PEEL. Of course, the vote will make no altera-
tion in the determination of the Ministry, who will in
due time dissolve the Parliament.

The House adjourned at Twenty Minutes past Three.

The Paris Journals of Wednesday have all reached
us. The following extract from an article in the Courrier
Francais will show in what light the struggles of party
in England are regarded by a certain class of French
politicians :
" One thing alone is interesting to France in the endless
quarrels of parties in England ; it is the reserve which they
have maintained when speaking of the late events in which
the alliance between the two countries was compromised. Sir
John Hobhonse exclaimed that the conduct of Lord Pal _
merston had gained tor him the admiration of Europe ; Dlr
Macaulay asked if England had ever spoken out more
boldly ; and Lord Morpeth affirmed that the name of Lord.
Palmerston had acquired a respect amongst nations which
had never before been attained. Sir Robert Peel expressed
himself with more moderation, and did homage to truth when
he said, " I believe that, notwithstanding our late brilliant
achievements, it would have been possible to have reconciled
our conduct with the maintenance of friendly relations with
France, and to have removed that feeling of bitterness between
the two countries which, I fear, will survive, and• which
may prevent future reciprocal and cordial relations between
us, a consummation so desirab!e that I believe it to be one
of the most essential foundations of the peace and security
of the world." Let us not forget, however, that Sir Robert
Peel is almost the only man of his party, who has expressed
these sentiments. Whilst there was yet a chance of war, and
whenever Frame sent a ship to sea, the Tories urged the
Government to augment its navy. It was they who encou-
raged the insensate policy of Lord Palmerston, and their op-
position manifests itself only at the moment when the deficit
occasioned by such ruinous fully is to be provided for. Whether
Whigs or Tories, the men who have governed England
since the peace, :Ire of the school of Pitt. Adversity alone
can reconci'e them with France. England, to become humane
and civil, must receive some great chastisement iron Heaven."
There is no domestic news of any political interest in
the French Journals.

The Journal du Havre of the Ist of June has the follow-
ing article :
" Captain Beschon, of the Robuste, who arrived this morn-
ing from Brazil, informs us that while he was on the coast of
Sumatra the Dutch,,who were at war with the chiefs of the
interior, had taken the towns of Barousse and Sinkal, and
concluded a treaty of commerce with the King of 'fourou-
monde. In passing the channel of Mozambique the Robuste
was visited by an English man-of-war (a brig), which, in
order to oblige it to stop, fired a gun, the ball of which struck
the mast."

A letter from Algiers, of the 20th of May, sass :
" The last courier from the East brings word that Ge-
neral Guezivella had sent an emissary to the Governor of
Bongia, to inform him that he had taken possession of the
town of Zammourah, and that he had pushed a reconnaissance
farther in the direction of Bongia."
Zammourah is a small town situated about twelve leagues
to the north-west of Setif, it is built on the declivity of a hill,
which is pretty steep, it is surrounded by gardens, supported
by terraces. The population, consisting almost entirely of
Coulouglis, is estimated at 1,800 or 2,000 souls."
BOURSE—PARIS, WEDNESDAY, JUNE 2.

first

Highest Lowest

Price Ace. Price. Price
french -A per Cents ll4 75 ... 114 85 ... 114 75 —. 114 80
4% per Cents
4 per Cents 99 .0 .« 99 40 ... 911 40 .« 99 40
3 per Cents 7B 85 90 ... 78 75 ... 78 75
Rank os e'rance
LattntP Pank .:Vfif. Stares 5155 —51,5 ...5155 ... 5155
Belgian Bank, 1841....
New Loan ... 1 114 ... 10,% ... 101%
i2;aush Active
Passive 5% ... ... 5% ... 5%
Portuguese 3 per cents 2Oll •-• 2014 ••• 21)14
!seapoittan lO4 t 59 103 15 tO ,t 5 15
Roman .... 103 103 ... IC2X 10,74
RAILWAY SHARES.
Versailles.L.B l7B 75 182 50 ... 178 75 181 25
It. B 31:5 825 ... r;22 50 ... 322 50
Orleans .
Strasburg to lia e
On the Madrid Exchange, May 26, were concluded twenty.
eight bargains for 17,400,000 reals; Bonds, Five per Cent., at
27 :A g- 15-16 4 5-16 at sundry dates, and at 7-16 pre-
mium. In the coupons to be capitalised, five bargains for
2,219,418 reals, at 201 91 and at fifteen and sixty days'
date. Four bargains besides, for 6,000,000 reals, in the New
Debt, without interest, at 6 6 3-16

ttELGIAV F UNDS.--BRUESELdi JUNE 2,

Actual Delut:23i per Cent.

_ .
Rcthsehild's Loan, 5 per C.nt 11.10%
Loan of Thirty Millions, 4 per Cent.
3 per Cent. ..... =

-- Thirty •urven— —ammo*
00000 00000 •••••• ICO%
Loan of City, 11.02, 4 per Cent. •
Society or COPIIIIIkTee, 4Sper Cent lOO
Bank or Belgium, 5 per 75
National S..ciety . ........ .........
Exchange on London (short)
—Brussels Payers, June 2.
AUSTRIAN FUNDS.—ViErsto., MAY 25
Five per Cents. Metalliques • ..... ....... 108-14
lOW' per Cents. ••••••••••••••••••••••••••••••••••••••••••••••• 9144
Three p.m Cents. •••••••••••••••••••••••••••••••••••••••••••••• 7759
Bank Shares ••••••• ••••••.••••••••••••••••••••••••••••• 1614
—Allremeine Zelt••
ung.d••ay 30
HAMBURG BORSENHALLE, Juin 1.
Bills. M.-wiey
Austrian 5 per Cents. .......... 108% 108
Rank Shares 1645
Anglo-Russian Loan lO-% 108%
Russian 5 per Cent. Ist series, C..rtiticate
Inscription, Ist Selics lO2
Itus..i.an 5 per Cent. Hope and Co. 73d and 4th
Series
Ditto in Ccrriticates
Ncw 4 per Cent. (1840) B7x F 7
Dutch Debt, 2s, pe Cent 5l
Ditto b per Cent
Polisb Bond
Ncw ticket
Anglo-Danish Loan, 3 per Cert 75 75
Nrstt wegian Loan, 1534, 4 per Can..... l. 102!I
SP.,nish, New 5 per Cents. I9X,

. _
EXCHANGES ON LONDON. ,
HAMBURG, JUNE 1,-13 7.—Two months, 13 s}i
STOCKHOLM, MAY 25.—Seventy-five days, 12 O.
CHRISTIANIA, APRIL 2.4—Threc months, 4 56.
LKIPSIC, MAY 2-.—Two mo ths, 6. 20.
PRUSSIAN N./NOS.-1 aud:4, MAY W.
Bills. Money,
St. Schuld. Sch., Vs, per cent. lOl 103'4
Prussian English Loan, 1030, 4 per cent 102,,i 101%
lixenange on London, three months 6i9
—Prussian State Gazette, May 30

TAXING OXEN.-Our readers must be aware that of
late heavy complaints have been made of the scarcity
and dearness of meat in Paris. The people have in
some cases, it is said, partaken of horse-flesh ; an assertion
that finds some countenance from a remark of the Con-
stitutionnel, which complains of meat being hawked
about, and disease being the result. This heavy cala-
mity for the Parisians comes from two causes, the tax
laid on all cattle entering the city, and the
prohibitory duty which shuts out the cattle of
Switzerland and Germany from France, and
confines the French to their own small, meagre and un-
improved breeds. The subject has of late caused much
discussion in Paris, and what remedy do our readers
suppose has been suggested ? "To abolish the octroi, or
city-tax, to lower or abolish the protective duty ? "No—
to change the octroi from so much per head to so much
per pound. An ox is to be paid for according to its size.
Every ox must be weighed to levy the tax. And this
is relief ? What arrant twaddle ! To weigh every ox
will require machinery, men, labour, and time. All
these must be paid for by the consumers. The scheme
will aZd to the expense and make cattle dearer. The
true remedy is, abolish the octroi and the prohibition.
But this is much too simple a method to be thought of
by the scientific economists of France.

MONEY and COMMERCIAL NE WS.

CITY, FRIDAY EVENING.

The Stock Market to-day was rather buoyant, and with a
fair extent of business doing, better prices were realised, the
advance being about 3-16 per cent, the payment of the bills
falling due to-day having eased the Money Market. At the
close of business, prices did not look quite so firm as about
mid-day.

Consols ranged from 89j to 90b with, and from 88/ to 89*
•
ex dividend. Exchequer Bills were Bs. to 10s. premium ;
Bank Stock improved from 1681 to 169 and 164 ; the Re-
duced Three per Cent. Annuities were at 884 to 89, and the
Three-and-a-Half per Cents. Reduced at 974 to /.
The Foreign Securities have been heavy again to-day. Spa-
nish Active Bonds at 24 to i , Portuguese New Five per
Cents. at 34 to 331 ; Russian Bonds 1121 to 113, and Mexi-
can at 28. French Five per Cents. were at a slight rally, viz.,
114 f. 25c. ; and Dutch Two-and-a-Half per Cents. were
steady at 521.
For Railway Shares there was rather a better market, and
prices showed some improvement. Great Western were
quoted 291 to 30, the New 141, the Fifths the London and
Birmingham 69, the Thirds 191, and the New 22/ premium.
The Brighton were 31, and the Blackwall 5%, the North
:Midland 32, and the SoWh Eastern 18 discount.
The Foreign Exchanges were rather flat this afternoon.
The rates for three months' bills were these :—Paris 25f. 60c.
to 65c. ; Hamburgh 1391; Amsterdam 12 3 ; Antwerp 12 311-
to ; Frankfort 1491, and Trieste 956 to 58. At Ham-
burgh, on Tuesday last, the Exchange receded to 13 51, and
the price of gold was 429%.

LeTShreznvoesfseLlassetenNbigyhtth.e)
LIVERPOOL
FJ ruoNmE
('
Fortitude in
long. 24, and supposed to be the President, is now considered
to be the London, from Yarmouth to the United States, that
arrived yesterday, the description and position of the vessel
agreeing with that of the vessel.
LIVERPOOL COTTON MARKET, JUNE 3.—The business
to-day consists of 1,500 bales to the trade, without alteration
in price ; the Market still heavy and depressed.
LIVERPOOL SHARE 'MARKET, JUNE 3.—The transactions
at the Stock Exchange this day are, in Eastern Debentures,
6% ; Grand Junction, Half-shares, 99i ; Liverpool and Man.
chester, 199; London and Birmingham, 159; Quarter-shares,
"3 ; ditto 3°/. Shares, 54 ; New ditto, 24i ; North Midland
One-third Shares, 53/4.
MANCHESTER STOCK EXCHANGE, JUNE 3.—We have bat
little business doing to-day, and no alteration in prices :
London and Birmingham, 159; Ditto Thirds, 54i; London
and South Western, 55i ; Bristol and Exeter, 34i to 35i •
Cheltenham and Great Western, 28 ; Midland Counties, t:374
to 88! ; Hull and Selby, 42i 434.

BOURSE OF AMSTERDAM, JUNE I.—The liquidation has
can• ed some operations, but without any variation in the prices.
Some purchases in Ardoin's Spanish have caused a rise in that
fund.
(From the Madras Price Current to the Bth April.)
COMMERCIAL REMARKS.
COTTON.—Since our last there has been nothingdoing
the Tinnwlly Cotton ; and the accounts received per Folkstone
from China of the unfavourable turn which affairs have again
taken in that quarter. will probably have the effect of suspend-
ing further operations for the present.
Itrutoo.—The market is still bare of finer qualities. A few
barrels of ordinary have been changing hands.
METALS.—We have to notice a sale of about 85 tons of
assorted Iron recently imported.
PIECE Goons.—ln these goods there is nothing to notice.
Prices are nominally the same as before, but the demand
limited.

-----
EUROPEAN ARTICLES.—A late arrival from London has
brought a considerable addition to the already heavy stock of
British manufactures, and rather a large importation of beer.
MONEY MARKET.—Sovereigns in fair request, and prices
range from Re. 10s. 6d. to 10s. Bd. each. Bills in England
without alteration. Government paper:continues in demand,
and sales to some extent have been effeetedduring the past fort-
night at previously current rates. '

The notice posted at the Bank yesterday has not had any
effect on the Money Market. This day Commercial Bills be-
came due to some extent ; to the present hour we do not hear
of any mischief, and it is generally supposed that most of them
are provided for.

Consols opened this morning at soa for the Account, at
which price they arts at present ; for the 16th July R. dipfed
881 i; New Three-and-a-Half shut. Exchequerßills 7 9
prem. ; Bank Stock, 168 170 ; India Stock, 252 254 ; India
Bonds 1 3 prem.
The Foreign Market also continues in a dull state with
nothing doing to the present time, and the prices are nominal,
as they left otf. Spanish Active, 231 1 ; Deferred, 11 8;
Passive, 51 ; Portuguese, 331 34 ; Three per Cents., 201 11„ ;
Brazilian, 67 68; Mexican, 271 281, Colombian, 21* 1;
Dutch Two-and-a-Half per Cents., 52i 1 ; Five per Cents.,
991,4 100.
SHARES.—Great Western, 291301 prem. ; New, 41 / prem. ;
London and Brighton, 4i 1 dis. ; Blackwall, 6 51 tbs. ;
Birmingham, 63 70 prem. ; Southampton, 55 56 per share
Croydon, 131 1/4 per share; Greenwich, 81 per share; Man-
chester and Birmingham, 17 16 dis. ; South Eastern and
Dover, 181,4 18 dis.
Accounts have been received from Sydney, via Calcutta, to the
31st January, twenty days later than the last accounts.
THE :MILLS AND BREAD.—The price of flour at all the
mills were, finest, 265. ; seconds, 21s. ; rations, 18s. per 1001b4. ;
the mills are giving 4s. 6d. for the inferior. Colonial wheat
and fine, 7s. 6d. to es., for the best, but they complain that
there is little of the best description of wheat submitted for
sale. The 41b. loaf is Is.

BUTCHERS' MEAT.-There is at present a sufficient supply
of stock for slaughter on sale. The prices are, Beef, per
quarter or carcase, from 3d. to aid. ; Mutton, lid. to ;
r'ork, 7d. to 7%d. ; Veal, 7*d. to Bd. ; in other respects
there are no news of consequence.
The British Funds continue in the same situation as in the
earlier part of the morning, without 'the least animation, and
not one feature worth attention to the present time.
Cons.,ls are now quoted without the dividend 88L 89 ex. div. ;
for Money, 89* 90 ; Reduced, 88* a ; Three-and-a-Half per
Cents. Reduced 97* ; Exchequer Bills, 10 8 premium lower ;
Bank Stock, 1691.
The Foreign Market is almost deserted. There are only furquotations. Spanish Active, 238 i ; Russian, 112* 113 ; Dutch
Ts o - and- a- al f per Cents. 52k; Five per Cents. 99g.
In the Share Market very little d,ing. Great Western,
New, 641 ; London and Brighton, 46 ; London and Blacks ail,
19i 8.
The payment of the heavy acceptances falling due to-day,
this being the 4th of the month, when most commercial bi:ls
art made payable, there is some demand for money ; but to-
morrow things will, no doubt, be easier. The Bank notice
facilitates the settlement of claims on bills of exchange.
The Tea bade is duller to-day, owing to the favourable
character of the official dispatchei from China. Company's
Congou about 2s. 1 id. to 2s. 2d. per lb.
There is nothing very flattering in the mercantile a4vices
from our East India possessions. This is indeed not at all to
be wondered at, seeing how materially some of the leading
Presidences are dependent upon the China trade for the doe
control of the exchanges with the mother country. At B
im-
bay there appears to be more animation in business than
at Calcutta or Madras. As to Canton, of course all
barter and exchange haul been suspended, but it seems
that Captain Elliot intends opening the navigation
of the river to the vessels of all nations, now he has once more
planted the Union Jack upon the British factory in the pi o-
vincial capital of the Celestials.
Consols, Account, ex. div., 891 1 ; Mexican, 28*; Spanish,
23H.
Markets firm, with every appearance of a rise.