The Sun.
London, England, 1847-07-22 00:00:00

MADRAS MONEY-MARKET.

we have no change to notice under this head. Money
continues scarce, and investments of all kinds difficult
of realisation. The rates for accommodation at the Bank
have not undergone any amelioration.

_
FREIGHTS.
To Liverpool—dead weight.
London.
Rice
Sugar
Salt Petre
Red Wood
Seeds and other
miscellaneous 4 0 ,f
goods
Measurement goods
Cotton
Indigo
Whampoa Cotton, 7i- to Brs. per bale.

CHINA.
(From the China Mail of May 20.)
Rumours of an attempt on the part of the Chinese to
surprise Hong-Kong have prevailed during the past
week, and slight circumstances have been looked upon
with suspicion which at another time would have been
passed unheeded. The military and police have been on
the alert; but, though this is highly commendabl: at all
times, we greatly doubt that any peculiar necessity exists
for it at present, and suspect that the whole originates
in a report of some vapouring officials at Canton, who
have been beseeching Keying to allow them to take ven-
gvance on the outside barbarians.
Upwards of a month ago our Chinese correspondent
at Canton informed us that'on the 22d day of the second
moon, Yeung, the Prefect of Sinhing-fu, a district in
Kwang-tung, had come to Canton with 2,000 soldiers,
and offered to exterminate the English, but Keying re-
fused, and three several applications on the same subject
were equally un,uccessful. Wei, the saltco;nmissioner;
was next entreated to affix his seal to a declaration
up:in the people to rise en masse and slaughter the
barbarians. This Wei positively refused, and admonished
the people of the illegality and danger of any such pro-
ceedings as they contemplated.
The blood thirsty Yeung does not seem to have been
at all satisfied with these rebuffs, for our correspondent,
writing on the 24th day of 3d moon (Slay 8), informs us
that the Prefect had been tempting Keying with
fresh proposals. The following is a translation of the
letter :
" It is reported that his Excellency Yeung, the Prefect
of SiehieLt..fe has come to Canton with some brave men
to be,eech Keying to give orders to slay and extermi-
nate the English ; but Keying would not grant his
request. Then Yeung privately advised some of the
people to gather secretly some bravo men and to come
to Hong-Kong, pretending to be traders, until they
had all assembled and were ready at once to set fire to
the buildings, and come over to slay all the soldiers.
At that time they had 200 or 300 men, who, dividing
into separate companies, were to arrive at Hong-Kong
at the same time in the passage and post boats. Unless
caution and care are exercised, disastrous consequences

may ensue
" Taukwang, 27th year, 3d moon, 24th day (May 8,

1847)." _
We do not believe there is any ground for apprehend-
ing an attack on Hong-Kong ; and at Canton foreign
residents are now more free from molestation than
formerly.

(From the China Mail, May 24.)
The following is the Emperor's r* ply to Keying's
dispatches announcing the recent occurrences at Can-
ton :

" We have received the official notification presented
to us by Keying, intorming us that on the 19th day of
the 2d moon the English merchants, with a number of
soldiers, suddenly entered the provincial river. Accord-
ing to the investigations of the Viceroy, the said
merchants alleged that their object was to revenge the
insults they had received from the people of the wery
land ; they also desire to go to Fuhshae to converse
and argue with the people, besides making a deter-
mined request to enter a portion of the provincial city.
Since the establishment of peace the said foreigners
have been tolerably quiet, until now that they have
suddenly entered the country with soldiers, and it was
certainly impossible to foresee such an occurrence, and
arrange accordingly. We imagine, however, that they
city though
som eothiner
irtesealsfonthfiosr biseiangsii
matteran xotofussmtoslelaterthe
impor-
tance. The said Viceroy and his colleagues must not
be disconcerted at what has happened, nor must they l
ex-
hibit the least remissness, but command both the civil
and military officers effectually to suppress the disturb-
' ance, and not permit the existence of any cause of alarm
to the inhabitants.
" As the guns of every fort were spikeil, Keying must,
therefore, demand the most severe punishments for
those officers who were charged with the defence of the
passes, but he must deliver up all the less important cases
to the b )ard of punishment.
"After the matter has been decided, again present a
statement.
"This must travel 500 le (about 160 miles) per day.
Command it to be known. Respect this."
This document shows that those were mistaken who
suppo:,ed that Keying would either greatly falsity his
sshrbeatelaesyenitn.demespgTemrrenha,tt,det4tae,otnciinotothe court,renralrine;neceetdifyuittroitlioietofn,rtn,chretomehwueacrdtuaitgpyapei would be answered by
as to
ietsah traes
ntrhmt
ceheeemnd
sauE,
rnmae
ipmhaeicarst Emperor has
and
rihcnaeodsf
small importance," as it has always been esteemed by
Keying himself, as well as by the more judicious among
our own countrymen ; and the inference about our
having ulterior views in urging it is, under the ciarcduenr
stances, perhaps not unnatural. No allusion is m
the Imperial reply to the concession of laud on Honan, n
point of much more importance at present, andonae
which, without great prudence and forbearance on the
part of both the Chinese and English, seems not unlikey
to lead to trouble.
The spot proposed to be selected is private property,
in the possession of numbers of people, who are not will-
ing to sell, and question our right to compel them, quot-
ing our own treaty against us. Their views are stated
in a very long, but well-drawn and temperate memorial,
presented a few days ago by a deputation of the old men
of the villages to the English Consul, a copy of which we
have received, and shall endeavour to give a translation
of it in our present issue. The survey which was re-
cently made of the ground has created a ferment amongst
the people, who have held numerous meetings, both at
Honan and Canton, where, however, the speakers were
more vehement in their denunciations of Keying than of
the English.
On the breaking up of one of these meetings, held on
Thursday last (the 20th), at the Consoo.house, some
vagabonds set fire to the new wooden boat-house, and to
a mat shed in the neighbourhood, outside the factories;
but the flames were speedily extinguished without doing
any serious damage. " The excitement (a correspondent
informs us) seemed greater among foreigners than among
Chinese."

It is impossible, of course, to calculate upon what a
licentious rabble will attempt, wrought upon by people
who believe that their rights of property, which are sacred
even from the arbitrary grasp of their own mandarins,
are to be invaded by the hated foreigner; but experience
has shown that unprovoked outrages on the part of the
Chinese are of extremely rare occurrence, even when but
slight means of resistance have existed; and it seems
improbable, therefore, that an attack will be attempted

in the face of the Scout and Pluto, anchored off the
Factories, with a company of the Royal Irish quartered
within them.

But if the matter is not settled satisfactorily now, it
may be :a perpetual source of inquietude, though few
merchants will probably be disposed to incur the odium
and annoyance of erecting warehouses on Honan, so long
as the present facilities for storing goods are offered by
the brokers.

It would certainly be very desirable that the goods
were under the merchants' own charge; and it is to be
regretted that a more eligible site than Honan had not
been suggested. Its unsuitableness, however, ought to
be a sufficient reason for proceeding no further in its ac-
quisition; and as Keying is probably as desirous to get
out of a difficulty with his countrymen as ours are to
improve their position, we trust the Plenipotentiaries
may fairly consider the matter and come to some more
satisfactory arrangement. Dane's Island has been
spoken of as greatly preferable to Honan; and as it has
large portions of ground unbuilt on, it would probably
be much less difficult to obtain what is wanted there
than at Honan. We have never been on Dane's Island
ourselves, but it has been carefully examined by several
intelligent mercantile men, and one of them especially,
on whose judgment and experience we place great con-
fidence, speaks of it as containing the most eligible sites
for warehouses in the Canton river.

This matter is operating at present in keeping up
irritation and a feeling of uncertainty most injurious to
trade; but the present dullness may in no small degree
be attributed to other causes. The general lull at this
season has this year been increased by a prostration of
native credit, in consequence of the failures among the
(-longs; one of the oldest of which (Linching) has fol-
lowed close upon those of Foo-tae and Aming. The
debts in the present instance are said to amount to seven
lies of dollars, partly arising from old losses, and partly
from Linching's forced contribution to the Canton in-
demnity money, in 1841, which was almost entirely
squeezed out of the Hong merchants—a mode of paying
the claim which has crippled the trade of the city ever
since, and thus probably caused more damage to foreign
commerce than the value of the payment to Great Bri-
tain. many of the wealthy bongs have since with-
drawn from business, leaving it in the hands of a few
smaller traders, who have been speculating far beyond
their means.

We are assured that the native failures in four months
have been to the amount of three million of dollars,
while the aggregate assets do not amount to a fifth.

CANTON MARKEr, MAY 20.
Quotations for imports are duty paid, and when not
otherwise specified, the full cargo or shopman's price is
named, which is subject to 5 per cent. discount for cash
in two months, or 7 per cent. for payment in 10 days.

IMPORTS.

The import market has continued during the month
in the same dull state as before, and prices have gene-
rally declined.
CANTON.—SaIes during the month have been made to
a very trifling extent; only a few hundred bales hav,ng
gone into second hands at about the following quota-
tions:—Bombay, 6 dolls. 6c. to 8 dolls. 6c.; Bengal and
Madras, 7 dolls, 6c. to 8 dolls. Bc. taels for cash in two
months.

MONTHLY STATEMENT OF STOCK AND DELIVERIES.
Imptd. Delyd. Stocks same periods.

1847. 1846. 1845.
Bombay, bales 3,787 4,100 17,865 30,576 26,343
Bengal „ 416 2,330 3,643 3,310 5,104
Madras „ none 718 3,478 3,160 27,812
American „ none none 1,567 1,851 none
Shanghae „ 880 691 780 none none

5,083
_7,902 27,332 38,897 59,259

Cotton Yarn—But little business has been done.
Quotations for cash in two months :--Nos. 16 to 24, 29
dolls. to 31 dolls.; 26 to 32, 32 dolls. to 34 dolls.; 34 to
42, 35 dohs. to 37 dolls.

Long Cloths—There have been but few sales, and
these at reduced rates in barter for produce. Greys may
be quoted 2 dolls. 40c. to 2 dolls. 90c. for 60s. up to 725.
and whites, 2 dolls. 70c. to 3 dolls. 25c.
American Goods—Sales have been made to a small
extent ; the present quotations are the same as last
month-9 dolls. 50c. to 2 dolls. 60c. for drilling, and 2
dolls. 55c. to 2 dolls. 65c. for sheetings.,
Long Starlets are worth 11 dolls, to 11
dolls. 50c ; other colours about the same as before.

Spanish Stripes—Tne present not being the season,
prices have declined; they may be quoted from 1 doll.
103. to 1 doll. 25c. per yard.
Camlets may be quoted as before, 19 to 22 dolls.; few
or none have been sold.

Iron has declined ; a small parcel of nail-rod and bar
has been sold at 4 dolls.

Tin Plates—No transactions; 7 dolls. to 7 dolls. 50c.
Rattans are excessively dull, the best Banjarmassing
not being worth more that 3 dolls. 20c. duty paid; Straits,
2 dolls. itoc.; and Water, 2 dolls.

Pepper remains about the same as last quoted; holders
appear inclined to hold. The quotation is 5 dolls. to 5
dolls. 50e. duty paid; but we hear of no transactions.
Rice—The weather having become favourable for
the coming crop the price has given way materially ;
Arracan is 1 doll. 30c.; Manilla and Java, 1 doll. 60c.,
for good cargo.
Putchuck—Dull, at 7 dolls. 50c. to 8 dolls. duty paid.
Cloves—Maintain themselves at 35 dolls. duty paid.
Opium—Malwa, the clearances are small; the stock is
moderate owing to the large quantities sent northward;
in the expectation of heavy arrivals holders anxious to
to realise, and the price for the best is 540 dolls., with a
mouth's credit Bengal, the clearances have been very
considerable, and leave a very moderate stock; the
scarcity of money, combined with the fsllina due of
some time bargains, has caused prices to become unduly
depressed. To-day's rates are :—New Patna, 627 dolls.
50c.; old ditto, 625 dolls.; new Benares, 622 dolls. 50c.;
Turkey has been in good demand, and has advanced to
390 dolls.

SUN, LON DON, THURSDA Y MORNING, JULY 22, 1847.

concur in the opinio❑ of those Hon. Members who had
considered it advisable to reject the measure in its pre-
sent stage.

sorelyl
s uo
p nMes superintend
episcopate
the
tlie n 0 dib,Prai
members,Etods t
ebfsteht
eoawon:ugtignhchett;
hundreds,t
euoartshchehaad have
oeoff araf
osEtmhnt
correspondingohgsueilxas naßbndiod an Catholic
thousands
i bishops
hs members,
it eoni nrest
rebemnearistlseo:
in the number of its bishops.
Mr. HORSMAN regretted that the discussion upon
this measure had been more upon the ground of the
wants of the episcopacy than of the serious existing
wants in the parochial system of the country. He
hoped to hear from the throne on the opening
of the next session that her Majesty had taken
into her most serious consideration the wants
of the country in that respect. With respect to the
welfare of the Church, it would be highly conducive to
its interests if the existing 'system of patronage were
reviewed and remodelled. The subject of church-rates
was also one which deserved the serious consideration of
the Government, with a view to removing the dissensions
which constantly arose out of the present mode of levy-
ing thus.
Lord H. VANE supported the Bill, but could not
help stating, at the same time, that he should have pre-
ferred a union of the sees of St. Asaph and Bangor.
He considered the doctrine preposterous that the increased
revenues of the different sees—of London for instance—
should be devoted to the creation of colonial bishoprics.
He wished to have the revenues of the Church solely
devoted to the purposes of the Church. The expulsion
of the new bishop, and of the other three referred to, from
the; House of Lords would cause much bitterness, ani-
mosity, and jealousy. The Bill in its present shape,
however, was preferable to the state in which it was ori-
ginally brought in.

- Mr. GOIJIBURN should support the third reading
of the Bill, as he considered it would be a great step
towards promoting and extending the religion of their
forefathers. He deduced from the statement of the
Right Hon. Baronet (Sir James Graham), with respect
to a near and dear friend of his (Mr. Goulburn's), the
Bishop of Carlisle, that a bishop with an extensive dio-
cese, and a limited number of clergy, could discharge all
the duties of his sacred office effectually. The labours
of that Right Rev. Prelate were an example to all others.
If his diocese were to be increased, as he understood, the
harmony which prevailed in his present diocese would
doubtless be extended to the increased portion. He
thought no one could doubt that a Bishop of Manchester
was absolutely required, and he contended that the
Government would have done well to have conceded
that new bishop a Seat in the House of Lords.—(Hear.)
No one denied that the Dissenters had obtained in-
creased power in the administration of religion, but he
did not think that they really objected to another bishop
representing a large diocese taking his seat with his
compeers in the House of Lords. He regretted, there-
fore, that the Noble Lord had abandoned his original
intention of allowing the Bishop of Manchester a seat
in the other House.

Mr. B. ESCOTT adverted to his arguments against
the Bill, and advised the Government not to introduce
into the new Parliament questions with respect to sees
which could not bear investigation, but to honour
bishops and parochial clergy when they did their duty,
instead of making their sees and their conduct matters
of daily discussion in that House. He should continue
his opposition to the Bill.
Lord CLIVE supported the Bill. He considered that
more danger might be apprehended from limiting the
number of bishops than from extending their number.
There was no force in the objections against the new
bishops having a seat in the House of Lords.—(Divide.)
Mr. AGLIONBY denied that Dissent was not rife in
the diocese of Carlisle, as various Dissenting congrega-
tions existed.

Mr. GOULBURN did not deny that Dissect existed
in the diocese of Carlisle.

Sir. J. GRAHAM explained that he did not say that
Dissent did not exist in the diocese of Carlisle. He said
that the Right Rev. Prelate did not meddle with trifles,
and that as harmony existed between the whole Church
body, Dissent was less bitter and antagonistic than in
other dioceses.—(Hear.)
After a few words from Mr. LEFROY and Mr. ACLAND,

Mr. DUNCOMBE said, Hon. Gentlemen who spoke
so highly of the Noble Lord's conduct in this matter
would do well to support him at the ensuing election—
(Laughter)—and if he was the great friend of the Church
they said he advised him to come over to his side, and take
his seat behind him as his supporter. They had put an
extinguisher upon the Government manufacturing ten
bishops, and he thought, after what had taken place,
that the Noble Lord would not burn his fingers with any
more bishops.—(Laughter.) At any rate, if he did feel
disposed so to dabble, he trusted he would bring forward
his Bills earlier, in order not to drive the discussion of
them to almost the last day of the session.
Mr. COLLETT rose amidst loud calls for a division.
He said the very name of bishop was offensive—
(Laughter)—and considered that the country could do
very well without their aid. They were now going to
meet their constituents, and many of them might not
fiave seats in the new Parliament—(Laughter)—but if
he should not appear in the House again, he should
look back with credit to the exertions he had made to
prevent the addition of another bishop to the overgorged
Church Establishment.—(Laughter.)
The House the, divided, when there appeared—
For the amendment l4
Against it
Majority —79

On the question th-at the Bill be read a third time,
Mr. P. BORTHWICK moved the omission of so
lau.th of clause 2 as enacts the exclusion, in rotat ca.
of the future bishops of certain existing sees from seats
in the House of Lords.

Lord JOHN RUSSELL would not repeat the argu-
ments which he urged yesterday against the motion of
the Hon. Gentleman, and he hoped that after the ex-
pression of opini,in that had been given by the House in
favour of the Bill he would withdraw his motion.

Mr. L W supported the amendment.
Mr. P. BORill WICK would not divide the House
upon the motion, and it was by leave withdrawn.
The Bill was then read a third time and passed.
INSOLVENT DEBTORS' BILL.
The report on this Bill was brought up.
LONDON BRIDGE APPROACHES' FUND BILL.
The Lords' Amendments in this Bill were considered
and agreed to.
LEI VII HARBOUR AND DOCKS DUES BILL.
The Lords' amendments on this Bill were considered
and agreed to.
COMMUTED ALLOWANCES FOR PENSIONS.
Sir DE LACY EVANS moved for copies of such
orders, warrants, or directions as may have been issued
by the War-office or Treasury, bearing date about the
year 1832, inviting or authorising pensioners to re-
ceive a commuted allowance for their pensions with
the promise of land in the colonies; of such un-
published representations to Government as may have
been made by the Earl of Durham while Governor of
Canada, on the consequences of these commutations; of
such orders or explanations as may have been issued
by the English Treasury or War-office to the Ca
nadian Government or otherwise, on the subject of
restoring the pensions of the pensioners in Ca-
nada under certain specified circumstances ; of such
minutes or orders as may have been drawn up by the
Treasury, showing why the measure of restoration of
pension extended to the pensioners in Canada, ought
not to be granted to the commuted pensioners who may
not have left England, or who may have returned to
England from Canada. Also, of such representations
as may have been addressed to the Treasury subse-
que,nt to 1832, by the Right Honourable Edward Ellice
and the Right Honourable Sir Henry Hardinge, when
Secretaries at War, in reference to the justice or policy
of commuting pensions for service or wounds, and to the
case of those who claimed restoration of their pensions,
after having, in fact, paid back with interest, the amount
which had been advanced to them as a commutation by
Goverment.

Mr. HUME seconded the motion.
Mr. FOX MAULE did not consider he would be jus-
tified In producing the papers, and he should therefore
oppose the motion.

The motion was then withdrawn.
RAILWAYS AND THE DUCHY OF LAN-