The Sun.
London, England, 1824-05-07 00:00:00

THE SUN.

SOLEM QUI. DICBRE .F.ALSUAI AtIDEAT

LONDON,
FRIDAY, MAY 7, 18'24.

CITY, One o'clock.—ln consequence of the
great impression made on the public mind by the
suspicious aspect of Brazilian affairs in particu
lar, and of those of South America in general,
the Brazilian Loan is not contracted for.—
The offers of the different bidders were so low,
that General BRANT and Signor GommAao, the

I informed you of a report that the Budge.
was to be brought forward to-night by theCDAN•
crr.r.oa of the EXCHEQUER. I can now state that
that information was correct. The Budget is ex.
pected to be most gratifying and satisfactory.
Consols opened at 961 e, and are still at that
price with little doing.

FOREIGN MARKET.—Some of the Foreign Se.
curities are a little improved, but there is nothing

of any consequence doing.

Mr. Secretary CANYING last night gave the

further assurances to the House of Commons re-
specting the French force in the Brazils, which
he had intimated his intention of doing as soon
as he should become possessed of the necessary
information.

On this vital subject, it may be useful that
we should satisfy the Public of the perfect accu-
racy of the intelligence exclusively published in
THE SUN since Friday last. Our object in doing
so is not the establishment of our claim to prio.

city of intelligence on important political qua&

tions, though we might fairly avail ourselves of
this opportunity of challenging comparison with
any of our competitors, but we have a better and
more useful purpose in view, viz. that of con-
vincing the Public of the reliance that may be
placed on our accuracy, in cases where misinfor-
mation might produce th© most ruinous-conse-
quences to the fortunes of greskt numbers of our
fellow subjects.

On Saturday last, our valuable City Corre

spondent stated,

" It is now very generally believed in the City that the real
amount of the French naval force at Rio de Janeiro is only
two frigates, three corvettes, and one sloop. There are also
three two British ships of the line, so that our own force in Mc
Brazils is in reality greater than that of the French."
Mr. CANNING last night makes precisely thy

same statement, viz. :---
" At the time to which his Ron. Friend had alluded, instead
of eight, there were only two pf h ,n#7, of war at Rio de
Janeiro, one of which was on its way home. It was also pro-
per to observe, that there were tr.o English line-of-battle ships
on the station in question ! and it might be satisfactory to the
House further to know, that, although not the slightest ground
existed for apprehension of any kind whatever, there was not a
naval situation in the world on which the force of this country
did co outnumber that (f any other."
Tuesday'sln pkY
g
SUN, in an article on the contents
Expressomt
l exclusively received by us from
Paris, with most positive assurances of the pacific
views of the French Ministry, we said—

" Our Correspondent even goes so far as to assure us, as
from his own knowledge, that the French Ministry is at pre-
sent perfectly sincere in its pacific professions." "'ye now
feel inclined to think that the gloom produced by the news from
the Brazils will be satisfactorily dispelled."—'o Our Corres-
pondent states that he will be able, within a day or two, even
to furnish us with a list of different French ships at the
with their respective destinations, which he says will alone prove
that they are not there with hostile intentions."
[We have this morning received the promised
list from our Correspondent ; but as it is similar
to that given by the Journal des Daals (see our
fourth page), it is unnecessary to repeat it here.]
We added to the above paragraph on Tuesday,
that, besides our important communication from

Paris,---

" We are just enabled to state that 211 r. CANienrce will,
within a few days, be furnished with the mean., of putting an
end to the public uneasiness on this deeply interesting subject,—
means of which the Right Hon. Secretary will doubtless avail
himself, with his customary frankness and regard for the inte-
rests and feelings of the public, avail himself at the earliest
opportunity."

Mr. CANNING accordingly intimated to the
ouse, last night, that

" lie had received the most satisfactory explanations from the
French Government, who had accounted for every ship of war
that had been sent out of the potts of Fran's and sherrn their
various destinations."

Thus, then, it must be admitted, that as far
as France is concerned, the explanations given,
and the assurances of her pacific dispositions, ap-
pear to be perfectly satisfactory. Does it there-
fore follow, however, either that the Brazils and
other States of South America are not in danger
of being kept for a series of years in a state of in-
ternal commotion and debility, if not of losing

'Commissioners, have announced that, "'under
existing circumstances," they decline to receive
and that in future they will
notallY o
nefgtoie cliabteidfdoings
raloan "by tender.l' 'Phis is a
wise and prudent resolie, 'inasmuch- as it will pre-
,vent offers from being made by very- objection-
ableh honourable
n o parties.urabethan
the
conduct of the Brazilian
Commissioners has been throughout the whole
course of this transaction ; and their non-accept-
ance of the terms offered to them, at this critical
moment, merely because they are, in their judg-
ment, injurious to the credit of their Government,
reflects the greatest honour on their character.
A letter has been received from Rio de Ja-
neiro, of the 27th February, on which implicit
reliance may be placed. The writer expresses
his opinion that the Portuguese interest is very
likely to regain the ascendancy, and that all the
upper and most respectable classes of the Bra-
zilians are, with scarcely an exception, decidedly
Portuguese in their hearts.'