The Sun.
London, England, 1847-04-23 00:00:00

'With ten millions of bullion in the Bank coffers, dis-
counts are more restricted, and the value of money is
higher than with half the amount before Peel's Bill came
into operation.

The present emergency loudly calls for the repeal of
an Act so prejudicial to the commerce of the country.
It ought to be done without delay ; we shall then be
able to pay our way until the next harvest, which, if it
turns out a good one, will put matter: right.

April 22.

Your obedient servant,
NO THEORIST,

SPORTING I

TELLIGENCE

NEWMARKET SECOND SPRING MEETING, 1847.
WEDNESDAY.—Acceptances for the Suffolk Stakes.
Age. st. lb. Age. st. lb.
Wood Pigeon 5 8 7 Scarlet Runner 5 6 13
Jinglepot 5 8 5 Ridiculus Mus
The Cur
Paultons
Young Lochinvar .. a 7 13 Doctrine 3 6 1
Giselle
St. Demetri 4 7 9 Watchdog
Jenny Wren 5 7 6 Mogulistan
Colleen Bawn 5 7 5 Lazarillo 3 5 5
Hydrangea 4 7 1 Mirmillo 3 5 3
Leopard
Ukraine
The Farthing Candle 4 6 13 ofPrizeFower'sdam 3 4 13
The highest weight accepting being Bst 61b, it was (ac-
cording to Rule 71 of the Jockey Club), altered to Bst lib,
and the others in proportion.
THURSDAY.
The racing this afternoon had several features in common
with Tuesday—the events for decision were six in number,
including a Royal Plate and a stake—the "One Thousand
Guineas of as much importance with respect to future
spedulations as the Two Thousand Guineas. The weather,
too, was fine, and numbers only were wanting to make the
similarity complete; in this respect, however, Tuesday Iva.,
immensely superior, not only to this but to every racing day
that has preceded since 1810. Speculation on the One
Thousand Guineas Stakes, notwithstanding its result, was
certain to lead to a change in the prices of the two leading
favourites for the Oaks, and was far from brisk ; Slander, as we
have stated in our report of the betting on Wednesday night,
left off at evens with the field. Brown Bess, who had been
backed at 5 to 2, having receded to 3 to 1, similar offers
having been offered agst Clementine, who was only no-
minally in the market. The betting this morning differed
essentially from these prices, Clementina having sprung to
6 to 4. of course to the prejudice of Slander' agst whom
5 to 4 was offered currently. 6to 4 was laid agst Brown
Bess, and 7to I agst The Emerald Isle. We should men-
tion, too, while speaking of the betting, that Van Tromp was
backed at 5 to 1 for the Derby, and Cossack at 20 to 1 freely,
and Sir Martin and St. Lawrence at 30 to 1 each fur the
Chester Cup.
The racing commenced at two o'clock, and Red Hart
having delighted the " fielders" by defeating Epirote,
and 'Cocoa Nut having carried off a very sporting
handicap,. after a very severe race with the Cob,
the star; took place for the principal event of the
day, for whicfi five competitors appeared at the post,
all more or less fancied except Cosachia. The race ended in
favour of Clementina, by half a length; Slander beating
Brown Bess_by a length. Like the 2,000 Guineas Stakes
the pace was slow,
sand also like that was fatal to the first
favourite for the great event to come off at Epsom, the
Goodwood horses in each case proving second best. Another
agreeable surprise awaited the " fielders" in the Queen's
Plate, in which the favourite, after one of the severest four
mile contests ever witnessed, was beaten by Humdrum, being
the second race of the day on which 5 to 1 was laid on the
loser! The list was got through by half-past four o'clock.
Sweepstakes of 100 soy. each, h ft, for three year old colts,
Bst 71b. The winner of the 2,000 Guinea Stakes to carry
51b extra. D.M. (8 Subs.)
Duke of Richmond's Red Hart (Nat) 1
Mr. Bowes's Epirote 2
Betting-5 to lon Epirote. The nen-favorite made all
the running, and won by two lengths, Epirote having stopped
a few yards from the chair. Run in 1 minute 47 seconds.
Handicap Sweepstakes of 25 soy. each, and only 5 ft, if de-
clared, &c., for three year olds and upwards. T.Y.C. (11
Subs., 3 of whom declared.)
Lord Exeter's Cocoa Nut, 6 yrs, 7st 31b (W. Abdale) 1
Mr. Rolt's Bishop of Romford's Cob, aged, Bst 101 b... 2
The following were not placed :—Mr. Byng's Garry Owen
Duke of Rutland's Jinglepot. Mr. Pemberton's Best Bower,
Mr. E. Crockford's Kite, Col. Anson's Don Caesar, Mr. R.
Royce's Jollity.
Betting, 2 to 1 agst Jinglepot, 3 to 1 agst Don Cmsar,
6 to 1 agst Cocoa Nut, and 6 to 1 agst Bishop of Romford's
Cob,

Jollity made play at a capital pace followed by Jinglepot,
Cocoa ;Nut, and the Cob ; this lot forming the front rank into
the cords. Cocoa Nut and the Cob then singled themselves
out, and raced home together, the mare winning by a head.
Jollity a bad third, and Garry Owen fourth. Run in 1 min.
14 sec.
The 1,000 Guineas Stakes of 100 sovs. each, h ft, for three-
yrs-old fillies, Bst 71b. D. LI. (30 Subs.)
Mr. Payne's Clementine (Nat) 1
Mr. Mostyn's Slander
Mr. R. Clifton's Brown Bess
Lord Exeter's Cosachia 4
Mr. O'Brien's Emerald Isle
5 to 4 on Slander, 5 to 2 agst Clementine, 4 to 1 agst Brown
Bess, and 10 to 1 agst Emerald Isle. Emerald Isle made the
running, followed by Slander, and Cosachia, Clementina
lying off; they came thus to the new ground, when Emerald
Isle gave way, and Slander went on with the running, Cle-
mentina still waiting, on entering the cords she went up to
Slander, headed her half way up and won cleverly by half a
length, Brown Bess third, beaten half a length from Slander.
Run in 1 min. 48 sec.
Match, 100, last half mile of Ab. M.—Mr. Merton's Idas,
5 yrs, Bst 71b, (Nat), beat Mr. Barne's Blackcock, 3 yrs,
6st 31b. Betting, 2tol on Idas, who won by a neck. Run
in 51 sec.
The. Queen's Plate of 100 guineas; for four-yrs-olds, 9st Sib;
five, lOst 71b; six and aged, 10st 121 b. R. C.
Sir J. Hawley's Humdrum, 4 yrs (J. Alarson) 1
Mr. Moore's Wolf-dog, 5 yrs
Lord Milltown's Flahowlagh, 5 yrs
Betting-5 to lon Wolf-dog,_ who made the running to
the corner of the plantation, when Humdrum joined him;
the race home was contested with extraordinary severity,
Humdrum, who ran the longest, winning on the post by a
neck. Flahowlagh a bad third. Run in 7 min. 41 sec.
Sweepstake of 10 sovs. each; for three yrs old colts, Bst 71b;
and fillies, Bst 41b. The winner to be sold for 80 soya, if
demanded, &c. First half of Ab. M. (7 Subs.)
Duke of Bedford's Fistiana (Pettit) 1
Lord Lonsdale's Ibrahim Pacha 2
Duke of Beaufort's f by Assassin, out of Esmeralda. 3
The following were not placed :—Mr. Shelley's Millwood,
Mr. R. Boyce's Jollity, and Lord W. Poulett's f by The
Saddler, out of Fanchon.

Betting-2 to 1 agst Millwood, sto 2 agst Fistiana, 4to 1
agst Ibrahim Pacha, and 4to 1 agst Jollity. Fiatiana made
all the running, and won by a length; the same between 2d
and 3d. Run in 53 sec.

Match, 100 h ft. T.Y.C.—Duke of Bedford's Eothen, Bst
71b, received forfeit from Lord Spencer's Typhon, Bst 41b.
The Committee cf the Subscription Room have decided that
the settling day for the Derby and Oaks shall be on Monday,
after the races, instead of Tuesday, as heretofore.

(RECEIVED THIS DAY.)
NEWMARKET, Tituaso.ivirGm.
NEWMARKET STAKES.
5 to 4 agst Cossack.
Cossack, War Eagle, Angelina colt, Voronetz, Sister to
Cobweb colt, and Oregon, are expected to run.
CHESTER CUP.
9 to 1 agst Dulcet (t) 25 to 1 agst St. Lawrence (t)
9to 1 agst Mendicant (t) 30 to 1 agst Sir Martin (t)
30 to 1 10 to 1 agst The Lamb
No others mentioned.
ag at Plaudit
THE DERBY.
5 to 1 agst Van Tromp 20 to 1 agst Wanota
6 to 1 agst Conyngham 25 to 1 agst War Eagle
14 to 1 agst Glentilt 30 to 1 agst Mr. Martin
20 to 1 agst Cossack 1,000 to 30 agst Ulysses (t)
ENTRIES FOR FRIDAY.
Handicap, D.M.
Present (Pergami filly) 4 yrs, Bst 71b—Vert Vert, 3 yrs,
Bst 31b—Don Cicsar, 3 yrs, Bst 51b—Mouseling, 3 yrs,
7st 121 b. •

Reminiscence walks over for the 100 Soy. Stakes, T.Y.C. ;
and Piccinino for the 100 Soy. Stakes, last half of Ab. M.

RENFREWSIIIRE.—THE RESIGNATION OF SHERIFF
CAMPBELL, OF RENFREWSIIIRE.-This venerable judge, who
has presided in the Sheriff-court, Paisley, for the last forty-
four years, has at last resigned. Mr. G. Robertson; of the
Faculty of Advocates, has been appointed successor.
Weekly Register.

of the Committee of the Chamber in favour of an
uniform and low rate of postage, the Minister is de-
termined to shelve the question for the present session.
The Journal des Debats has a long article on the sub-
ject, admitting the necessity of postal reform, but
declaring that the state of the finances is such as to
render it impossible to carry the measure into effect
during the present session.

Information was received on Tuesday that the
miners of St. Etienne had commenced a strike.

The Moniteur Algerien of the 15th confirms the
report of the capture of Bou MAzA. He is ex-
pected daily in Paris, and is to be confined in a
locality dependent on the Ecole
Prince OSCAR of Sweden landed at Toulon on
the 17th.

The Prince DE JOINVILLE, who according to the
latest accm4pts was in the Bay of Juan, has received
orders to return to Toulon with the three ships under
his command.

The debate on the motion of M. REMUSAT, for ex-
cluding placemen from the Chamber, has been spun
out to a tedious length. It had not concluded when
the post left on Wednesday.
Pmt.'s BOURSE, APRIL 21.—The improvement announced
in the English market has been responded to in our market
by increased firmness, and some extensive purchases having
been made, prices at the close were declared again higher, the
last quotation for the Threes being 781. 15c., both for cash
and account, and for the Fives 1151. 75c. for the former, and
115 f. 80c. for the latter period. The share market has also
shown increased firmness, and a fair demand for most of the
lines having existed, prices at the close were generally
better.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE

LONDON STOCK EXCHANGE, APRIL 22.
East Indian, s—Northern of France, 12:-ri—Paris and
Lyons, 514—Paris and Strasbourg I:Pi—Sambre and Meuse,
53,6—West Flanders, 41/8.

THE CURRENCY.
TO THE EDITOR OF THE SUN.
SIR,—It is plainly evident to all who are engaged in
mercantile affairs that Sir Robert Peel's Bank Restriction
Act of 1844 has been " weighed in the balance and
found wanting."

The commercial community is plunged into a state of
much suffering, in order that a theory may be tested.
The question is, has not the experiment gone far enough?
The obligation of the Bank to pay its notes in specie
on demand is an ample security against an excessive
issue on the part of that establishment. Why, then,
limit its resources by a law which, to all intents and
purposes, renders five millions of its bullion practically
useless ?