The Sun.
London, England, 1841-02-08 00:00:00

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•
or Confined to it j the bost
.guarantec that
it will be exercised with safety will be found in
its univcr.ial diffusion.

i 4 methods. The consviucne.: of Cal,
spiern Las iron, tint forein nations lv,ve refused to
,ccive French produce, and' thence, hr.ve arisen an over-
stock of produce et borne, commercial difficulties, sod in-
cessant derangement in the material and political condi-
tion of the pe,ple. -The Bill to. regulate the Customs'
eLities now ccini.i&2ra!ion in the-Chamber of'Depu-
ties invoices many important questions, such as tho
itn-
pertation of cast metal, coal, spun flax, linen, &c., to
which it 43 to be hoped that the Chamber of Deputies will
give more attention than in former years.
The following paragraphs include all the gene-
ral news of any interest in the French Jour-

T

We agree, indeed, Avitti Mr, ciLnatrl that the:
law a54,43.444int4444aais "requires. -44-14e14'
formed.. He,' • how(hdr thinks`' 'only of
the bankis ; he tvi3l allow us to add, On
behalf of - that as Joint-Stock
Panks have necessaiily a long purse, a
summary remedy should be given to
all the individitals who have claims on them.
They should be compelled by some easy process,
to pay on demand every promise which is
presented for payment, and the property of
all those members of the bank whose names
and credit give credit and influe,ice to the
Bank should be answerable for every note issued.
We approve of the iinprovements proposed by
Mr. Gt LBA wr, but ive-reqUiro. additional securities
for the public.

The Tories liave cried out against Lord Mon-
PETH'S proposition to make the franchise in Ire-
land depend on being rated to the poor in the
sum of 51. annually, with a fourteen years' inte-
rest in the holdings, as Universal Suffrage. It is
unfortunately no such thing. The present suf-
frage is one of 101. value, with fourteen years'
lease, and that. gives • a miserably small con-
stituency. As Lord MORPETII said, his
plan may in time increase the constitu-
ency, which will depend, however, on the
landlords granting leases, but it seems doubtful
whether it will immediately augment it. In the
course of his speech, the Noble Lord quoted
five places in which the number of ten-pound
electors now is respectively 200; 348, 223, 66, and
167., and on these respectively the number of
these electorS who would not be rated at 31., is
17, 6, 17, 20, 0, so that, in those cases, the constitu-
ency would be decreased by these numbers, though
the new test might let in some who do not now
possess the franchise. We do not admire the test
for the degree in which it will enlarge the con-
stituency, but for the simplicity it will introduce
into the whole system of registration, and because
it will immediately put an end to the innume-
rable vexations which now annually grow out of

the present system. . .
Admiring the test for its simplicity, we would
rather see it adopted in England, and made the
basis of our registration, than see the new Bill
establishing a Court of A ppeal proposed by Lord
J. RUSSELL pass into a law. Whether car-
ried for Ireland or not, it will not be for-
gotten in England, and will probably be
a rallying cry throughout the land. We recom-
mend it to the consideration of our Leeds friends
as something which the Whigs, having proposed
it for Ireland, will be ready to give to England,
and which all parties may unite to accomplish.
The simplicity of the test of rating, if we must
have any test, should recommend it to all classes,
many of whom now scarcely know on what the
franchise depends. _

The Paris papers of Thursday and Friday have
arrived, but those of Saturday have not yet reached
us. The Moniteur of Thursday published the
following official despatch, confirming the news
from Egypt given in the Evening edition of The
Sun of Saturday :

" Alexandria, Jan. 23.
" THE CONSUL GENERAL TO THE MINISTER FOR FOREIGN

ABFAIrtS.

" The Turkish fleet has entirely left the port of Alex-
andria this day. News had been received of the arrival
of Ibrahim at Ramie, not far from Gaza. His army
must now be on the Egyptian territory.. The Envoy of
the Porte has in!ormed Mehemet Ali that he had learned
that the firman granting to the Pacha the hereditary in.
veetiture of Egypt, had been signed by the Sultan. All
the engagements tkat have mutually been agreed upon
are consequently fulfilled."
Notwithstanding this satisfactory solution of
the Ea3tern question, France is relaxing none of
her preparations for war. Already have these
prepar..tions cost her a sum equal* to twenty-
nine mlllions sterling!
On Thursday the Committee. was appointed
to ex .mine the project of law demanding a mil-
lion of francs (40,0007.) for secret service. As 'a
vote for the secret service Bill is tantamount
to a vote of confidence in the Government, M.
GuizoT has no reason, from what took place on.
Thursday, to suppose that the passing of the
Fortifications' Bill has in the least weakened
his majority. In fact, on no occasion since the
meeting of the Chambers was his triumph so
complete, as not a single member of the Oppo-
sition was appointed a member of the Committee
on the Bill.

It was understood in well-informed quarters in
Paris, that M. GUIZOT had addressed diplomatic
notes to the Four Powers, stating the terms
upon which France would adopt the Treaty of
July. These were the dosing of the Straits
of the DardanePe3 against vessels of war
of all nations ; the grant of the Pachalic of
Egypt in perpetuity to MEHEMET ALI; and gua-
rantees for the better government of the Chris-
tian population of Syria. Considering that these
propositions were made before the submission of
INIEnEmErr ALT, they are sufficiently reasonable
and moderate.
Count D'ARGOUT, Governor of the Bank of
France, has just made his annual Report to the
•
proprietors, of which the following is a sum-
mary
:
" The total amount of operations for the Central Bank
and its branch banks was 2,915,000,0001., giving an in-
crease over 1839 of 7.000,0001. The dividends of 1840
have amounted to 139 f. on each share (originally 1,200 i. )
being 51. less than in 1839. The total value of the ad-
vances and loans to canal companies, holders of re'ates,
on mint bonds, and on bullion, was 349,667,000 f., being
87,789,0001. more than in 1839. The discounts amounted
to 932,280,000 f., being 121,417,0001. less• than in
1839. The greatest amount of bills in the hands of
the Bank at any one time was 201 millions in January ;
and the smallest 130 millions in June. Tue num-
ber of commercial bills of exchange discounted by the
Central Bank is stated to have amounted to 610,600,
being 27,800 less than in 1839. The average amount of
this value was lowered, too, from 1.6391. to 1,t171., ann
the average time of their maturity from 52 2-3 days to 56
4-sth days. Out of this number of bills 266 024 were from
I,ooof. to 200 f. in value, and 63,247 under 200 f. 'Tile
accounts current varied from 54 millions in January to 90
millions in October, and fell main to 61 millions in Dc-
cemher. In January, the Trekiimy was creditor of the
Bank for.l7omillions ; in November for 105 millions, and
in December for 114 millione..'4he average amount of
the money kept in reserve by the Bank, during the
year, was 238,900,000 f., and the average amount
of its notes in circulation 221.900,0001. Dur-
ing the course of the year, the amount of bills upon
which payment was deferred, was only 48,4931. ; and of
this, 32,7071. had been recovered. Two new branch
banks at Grenoble and Angouleme, having been founded
during the year, their total number is now six ; and the
operations of the four firs: of those for that period, amounted
to 170,000,0001., having been more than doubled within
three years. The total expense of the management of
the central establishment, including salaries and charges
of all kinds. wait only 971,000 f , being a reduction on
1530 of 49,000 f."
M. Moreau has been re-elected censor of the Bank of
France for three years, and Messrs. J. Perier, Dosne, and
Lebeuf regents for five years.
The Lyons papers mention that several small f..iluros
have just taken place at Chalons-sur. Saone, aryl :have
caused much uneasiness among the merchants and elalers
of that place.
The Chanber of Deputies was occupied on
Thursday with the CuStoms' Bill. The following
summary of an article in the Pie se on the sub-
ject of this Bill is important, as expressing the
enlightened views of one portion of the French
Cabinet
The present French customs law is founded on the
principle of prohibition, more or less disguised under the
name of proteCting duties. The great argument upon
which this system is founded, is that France ought to be.
protected, according to the economical jargon of the pro-
hibition school, from the consequences of becoming tribut-
ary to foreigners. Nothing can be more absurd than the
system of prohibition which wishes to force the nation
to produce at an enormous cost what might be purchased
elsewhere in greater quantities, of better quality, and
cheaper. With certain exceptions, nations ought to confine
themselves to cultivating or producing such ebject* only
as are suited to the nature of their soil and the genius of
their inhabitants. It is only society in its infant state which
endeavours to provide itself with the objects of second
order as well, as the objects of first necessity. A nation
which would obstinately persevere in such a ruinous and
chimerical Otmrse might be compared to an individual whir,
notwithstanding, the resources which the various pro
fessions afford, would endeavour to become his own
tailor, hatter;' and shoemaker. Such, to make use of a vul-
gar simile, it precisely what France has done, thank' to the
system of2prohibitiotr. Under pretence of not bc6)rhiog
tributary fo fps-elvers, she has laid an excessive duty on
articles which might be obtained abroad at a moderate
price, in order to produce those articles herself by artifi-

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111-1141 SrN, LONDON, M( D4' FVERTI ARY 'PAL

MARIC.ETS.-(THIS DAy ).

CORN EXCHANGE

Ia the past week there was a fair arrival of Barley and
Data, but not much other grain, The fresh supplies were
,:nall, sad as the severity of the frost iaterrupts business,
very been-- done here, and prices of 'An trtichni
svere as last quoted. There was a better sale for flour
t)an of .late, at no alteration in value.

AR.D OF St-'IP.
Beans, Sinai nCW) 43. 455.
(old) .45' 4,r.
---- Tick (new) 37 34,.
(old) 42. 445.
IL,rrow (new) 404. 4ls
------ (old) 443. 4Cr.
Brank •
Oats, Feed
New. "203.23 x.
Poland
New 25x.23*,
Potatoe —3.—A.
'Jaw 264. 30s.
Scotch OA. 30S.
Irish 18s. ... 245.
Hour Town (per Sack).... 50s. 5'4.
---- Seconds 46=.485.
- Nerth Country 45, 462,
Bran lli 1'2..
)NOON OULU NI; I ASl' «EES
;arley. Oats. Floi,•,
;773 qrs. 5,095 gm 8,63 i ^acxs,
7,29 S
rls