The Sun.
London, England, 1841-05-07 00:00:00

THP, SUN, LONDON.

_ .
upon by incapable managers of public affairs, who are beside
themselues with abject fear of being turned out of office. Lord
John Russell's resolution iq not to be proposed entil after the
House of Commons has refused to go into Committee upon
the Sugar Dutiev. And yet, if that resolution means anything.
it mean. that the House ought to do what is proposed to he
done in the proposed Committee !

MONEY MARKET and CITY NEWS.

FROM THE MORNING PAPERS OF THIS DAY.

CHRONICLE.—The notice given by Lord John Russell
last night, of his amendment to Lord Sandon's resolution, in
the event of the House not going into Committee on the Sugar
Duties, has produced an improvement in the funds.
The astute and sensitive minds on the Stock Exchange in-
stantly perceived that the principle set forth in the amendment
of the Noble Secretary of State fir the Colonies is strictly
sound, and that it is impossible for any one seriously to dens
the truths which it declares, or the skill with which it has
been used as a weapon in the struggle of Parliamentary war-
fare. It is precisely in accordance with the views entertained
by almost every impartial man of business in the City, and
brings the contest of party to issue on the proper grounds. The
Money Market has, in consequence, been rather brisk to-day,
and the fears of an immediate dissolution of Parliament-
are rather less strong. No man can deny that by remodeling
the import duties the interests of trade may be promoted, and
the productive industry of the country greatly relieved. On
the other hand, the fallacy of Lord Sandon's motion is pretty
well seen through and understood. The atten pt to keep up
the prohibitory duty an foreign sugar, upon the pretence that
its exclusion tends to put down the slave• trade, will not answer
the expectation of the new-born love of emancipation now ex-
hibited by the Tories.
The quantities of sugar importe 1 into the United Kingdom
for each year, since 1837, are as follow :
Total.—Cwt. Foreign.—Cwt.
1837 4,482,578 342,700
1838
1839 4,678,219... 722,777
1840
Under the head of total there is included in the above, be-
sides the foreign, also East India and the Mauritius, which
were as follow •

East India.—Cwt. Mauritius.
1837 294,679 .537,961
1838
1b39 518,925 612,586
1840 482,836 .545,009
The average price of British Muscovado, and of Brazil
brown and yellow, for the above years, was as follows, by the
mercantile priceS current :
Net Revenue
British Brazil. each year.
1837........34.7 ...21.3 . 4,760,565
1838 33.8 ..... . .....21.3 4,656,92
1839 39.2 —22.1 4,586,936
_1840.. ~ 49 1... .. .21 6 . . 4,449,070

..... ....... ,
What are the facts to be deduced from the above figue es but
that, for each of the ve ars enumerated, we have been ►mporters
of foreign sugar, and that during the last year we were con-
sumers of it to the extent of neatly 116 tons? Yet there was
no addition to the revenue, but a decrease, in consequence of
the diminution of the total consumption, which, in 1840, was
642,374 cwt. less than in 1839, and 994,529 cwt. short of the '
imports in 1838. Yet the price paid in 1840 for the di-
minished quantity was gr( atly beyond what the larger quanii-
tiea cost the consumers in any of the previous years
In each of these years the import of foreign sugar has
increased, in spite of the prohibitory duties and of
the ;,reat inferiority of Brazil sugar to the growth
of our British plantation. Sugar is a necessary. of
life to our population, which is rapidly iccreasing,
thus enhancing the demand, while the supply has
fallen off from our own colonies, and rendering it
necessary to make up the deficiency from other sources, but
with all the additional cheanness of forced labour, the Brazil
and Cuba sugars can never compete with British plantation
under a differential duty of 12s. per cwt. The produce of our
colonies will always command the market. The demand for
home consumption will take off all that our colonies can pro-
duce at a remunerating price, and the balance must be taken
from the East Indies, the Mauritius, Cuba, or Brazil. If we
refuse to do so, we cannot expect that the Brazils or Spain
will take our articles of produce in exchange; if we re-
ject their sugar, they will refuse our manufactures.
and prohibition will be the ruling principle of com-
mercial legislation a principle which, since the
year 1825, the leading men in the House of Com-
mons, of both sides, have condemned. Neither can the pro-
hibitory system be confined to our relations with Brazil, or
with Spain; it must extend to the United States, and the
cotton and tobacco of that country must also be repudiated.
We cannot maintain things as they are. The duties now ex-
acted on the import of foreign sugars, and of American cotton
and tobacco, must necessarily be raised. If Lord Sandon's
motion be carried, the import duties must be increased on
sugar, coffee, cotton, and tobacco, to render them more strin-
gent, and to increase the existing heavy burdens on the people,
so as to give effect to the principle of exelusion, and to carry it
out in Practice. The success of Lord Sandon's motion would
necessarily be followed up by such results, otherwise it would be
of no utility to those who erroneously support the present
duties on foreign sugars, upon the ground that they keep
down the traffic in slaves. Instead of taking the lead anti
showing 3n example of enlightened commercial policy to other
nations, Great liritain would, to follow out the Tory policy,
necessarily have recourse to rigorous measures of bigoted ex-
clusion. Instead of reducing the taxes that bear most heavily
upon the necessaries of life, these taxes would be increased, and
the depressed trade and industry of the people still more heavily
manacled and pressed down. Mr. Horsley Palmer and the
other leading merchants in the City who petitioned fur a revi-
sion of our tarifF must give their best wishes for the success of
the amendment of Lor t John Russell, and so must every man
who wishes to see the trade and commerce of the country in a
prosperous condition. The friends of free trade in the City
say with great, indeed invincible force, if the principle of pro-
hibition against f ireign produce ra sed by slave-labour is to be
made the fighting point, let it be fairly fought. There should
be no strainint, at gnats while we swallow camels.
TIMES.-21 he English stocks have fluctuated to-day t.
the extent of a quarter per cent., and the Ma. ket twee an un-
settle I appearance. It was not, however, produced by any
pressure of motley, for that was as easy as yesterday, but more
probably by the uncertainty of what wilt I e the 'res It of the
discussions on the questions connected with the Budget and
tee unsettled state of affairs in Chica and the East Indic
Presidencie s.

P(PiT.—The public securities were firmer again this morn-
ing, but without any great accession of business, the infor-
tnati,n from China being teemed too vague and ineoncluSive
to warrant the dealers in being materi it y influenced by it in
their operations. The api.roaching debate on our own do-
mestic affairs is. for the moment, almost. the only thing that
engages attention among men of business, the interests of all
(lasses being, to a greater or lest extent, implicated in the
issue.

H ER A LD.—The groter easine,s of money has considerably
r. lieved the Stock Market, and Consols improved.
From some unaccouatable cause in the Foreign Market
Span sh Stocks are on the advance, and the Active with the
Coupons unproved to 2.4 h to t3i. It would seem that some ex-
pectations were entertain, d by the more adventurous spevula-
tors that in the event of Esp,rterto being declared tole Regent
Ilendizah ,1 would be one of his Minisiers. and as he is a so. t
of patron saint of stock-jobbing. it is considered that hefire long
some scheme of hit may appear for raring the price of Sp :ei.t.
Pond,. 'I he Lest thing of alenilizabal undoubtedly is that he
has been really earnest for a commercial treaty with this coun-
try, by which the march of the prohibitive system may be re.
laxed, whilst Spain would content to receive the manufactures
of th.s country on moderate terms.
SUN.—The gencr-.1 feature in the Stock market to-day
has been an appearance of greater firmness, though as is
natit-al to infer, thJ public are not disposed to operatc
until they learn the result of the grani questions c
on before the House of Commons. The West India iu
Wrests here, with their usual narrow-minded and suicidal
policy are dining all they 'can tl throw obstacles in the
way of the proposed alteration of duties, but we trust with.
eff:ct. It is curious indeed to watch the party in-
trigu-fs of this body. Some time beck they were all apathy
and i,,,e.nsibility to the question of slavery, and were the
first to adv,:rt
to the advantages, as vs gards cheap eultiv,..
Von and comto."t to the negroes, enjoyed by rival Stater
where the hateful .• syrt'm of slavery still exist:.
Now, howese-, they have become exceedingly phi
lanthrophic, and dieczvee that an alarming f a!ure in
the modification of the sugar duties would he the encou•
ragement of slavery, which the people of England have
paid twenty millions sterling tat abolish. We suspect the
people of England, for whom they ioarify such a disinte•
!e7ested warmth, will not be dispoed to thank them fit
their interference in the present instance, since they begin
to perceive that their having already paid so large a sum
for the attainment of freedom to the colonial labourers, is
the very reason why they should now be permitted. in re-
turn, ta have the it sugar on more reasonable terms. If
statement in circulation, of the basis of a treaty with Bra-
zil having been concluded, in which some Como' .eYe art
pulations arc contained respecting the slave trade, turns
nut to be true, this will be another argument in favour of
the import duties reform.
The public seJuritis were not very arrima'ed to-day,
but they supported tle;r value. Fur immediate transfer
Consols realised 891 to 90, closing at $9l to
and for the Account, 89k to 90, which were tie current
quotations up to the close of business. Exchequer
Bells rete at a pr ,mium of 8 to JO, and India
Bonds or 3. Bank Swett rallied 23 her cent, viz ,
from 1653 to 168. So little is doing in this security that
when a sale or purchase is effected, the party coming to
market is eqmpelled to " pay the pip r," and submit to
the rates offere I 11,m, whichever way hu ni,ty be operdtieg.
India Stork was dull at the depression to 250. The New
Three-and-a-Half per Cents. realia-d 9SI tot, the Three-
and-r-Half per Cent. Reduced 973 to t, aid the Three
per Cents. 88i to
The chief business in the Foreign Market ha's been in
Spanish Stock. The Active B inds were voted 23 t,
24, Portuguese New Five per Cents. improved to 341 to
34:}, Mexican Stick was at 29k to 1, Colombian at 22i to
22k, Belgian at 100 ex-div., and Dutch Two•and-s-Half
per- Cents. at 521.
The Railway Shares did not vary in price. Great
Weatern Railway Shares were marked 291 to 29i, the
prom. New 14,
the
and the Birmingham Thirds 211
m Brighton thsghFtoifewl 2f, North Midland 25,111 e New
41, and the Great North of England 15 el,. London and
Westminster Bank New Shares were '2 Ii iii , and Na-
tional Provincial Bank of England New 3 pleat.

CORN-LAWS.

The Sheffield Operative Anti-Corn-law Association has just
issued the following spirited address :
NEVER DESPAIR. BUT FIRMLY PERSEVERE!
The benefit of so doing was never more strongly exemplified
than in the proud position In which the advocates for the repeal
of the Corn and Provision Laws stand at the present moment.
How many have derided their labours, and prophesied that no
benefit would ever arise from them.
Inhabitants of Sheffield! the Anti-Corn-iaw Committee sin-
cerely congratulate you that the present Corn and Provision Laws
can no longer be borne. The increasing evils they are produe-
ing,—the declining state of our manufactures, commerce, 'and
revenue, has at length awakened her Majesty's Government to
their impolicy and injustice. If they follow out their present
plan, a death-blow will be given to class-legislation and aristo-
cratic plunder,:which takes from the industrious classes' one.
third of their earnings, to gratify pride,luxury, and intolerance.
Operatives of Sheffield 1 do your duty !
You were the first of your class who stepped forward in this
jusi: and holy cause. You roused the attention of the artisans
of the United Kingdom. Make one more splendid effort, and
the victory will be yours. If the present moment be neellected
years of penitence and regret cannot recal it. Your oppres-
sors will stir earth and hell to prevent you from obtaining your
rights.
The advocates of class legislation say you must not eat slave-
grown sugar, but must pay double the price for that grown by
the West India planters, to whom you have given twenty mil-
lions sterling for compensation, for which 800,0031. a year has
to be provided for in taxes from the fruits of your industry ;
while you have consumed 80,000,0001b5. less of sugar, in 1840,
than you did in 18.38; yet these planters purchased from Eng-
land slave-grown refined sugar fir a less price than they e.ll
theirs at in its unrefined state.
The landowners say you must not give your knives, cotton, or
woollens, in exchange for food with other nations who have it
to give you in exchange; but you must keep them, and st !rye
in the streets, while foreigners, who can eat their bread and
beef at one-half the price, are beating you out of every market
in the world ; and the landowners say this, lest you should in-
jure the agriculturists (who. they urge, are your best custom-
ers), and deprive the agricultural labourer of his employment.
Hut this fallacy has often been exposed.
At the close of the war, which was created by Tory influence,
to crush the rising spirit of liberty in the people, thirty mil-
lions sterling, )early, was added to your burdens; whilst their
rents had risen 100 per cent., in a depreciated currency. In
reer to maintain their rents they pas-ed the corn and pro-
vision laws. Had the agricultural labour employment before
the pas-ing of those laws? Undoubtedly; and he received
inc,re food for his labour than he dues at the present moment.
Let not this silly stalking-horse alarm you. The repeal of
these laws will give you more labour and better wages.
What is most astonishing of all, in this contest for cheap
bread, is, the holy alliance of ultra-Chartism and ultra-To-
ryism. The Tories care not whom they ire as tools, provid-
ing they accomplish their purpose. The doctrine of the ultra-
Chartists is to prevent every rational reform, and drive the
people to despair and mailii..ssi " by creating the greatest evil,
the greater good may come."
The address thus concludes—Rational Chartists 1 who are

labouring to annihilate con uption and tyranny, by extending
information and giving the franchise to every rational being,
and who support the opinions so ably set forth in the late ad-
dress of the London Association, by 3lessrs. Lovett, Coiling,
&c.—are you ready to support the 'lorie., and play the mine
game that some who call themselves Chartists have done at
Wal.all and Nottingham? We know who are not: witness
the spirited letter of the Chartists of Alanstield. Can you forget
Castlorcagh and Sidmouth, or their worthy colleagues,
tle4 and Oliver? ('an you forget the victims they
brought to the block, for the treason which they them-
selves were the authors and abettors ? Have not the

Tories always resisted every a' tempt to improve the happiness
or extend the rights of the people? Judge for yourselves, by
past experience. Will you place in power those who passed
the Corn-laws, at the bayonet's point, and would sup! ort them
with the sabre? Can you forget Peterloo? Give them a ma-
jority in the House of Commons, fur the next seven yfars, and,
Ile the snake in the fable, they will turn round and sting those
who have supported them, and restored them to political
power. We ask you not to support us for party purposes. We
are as anxious for the extension of the liberties of the, people,
and just and equal laws, as you are. We have got the wedge-
tld into class-legislation, and weak you to assist us to drive it
forward. It is " measures not men," that we want, without
reference to party, whether Whig, Tory, Radical, or Chartist.
By order of the Operative Anti-Corn-law Committee.
J. WARDLE, Secretary.
Men of Sheffield! hasten and sign the petition, which will
lie open at the usual places until Saturday next, when it will
finally close.

ADDRESS Or; OF
THE NATIONAL ANTI-CORN-LAW LEAGUE.

To our Fellow-Countrymen,—Little more than two years
ago the Anti• Corn-law League wa. founded, fur the purpose of
,wakening the public mind to the injustice of a monopoly which
taxes, for the benefit of the wealthy few, the food of an entire
people. Nearly a quarter 0f a century hal elapsed from the
passing of the Corn•law of 181.5, doting which another gene-
ration had grown up, habituated, and therefore apathetic to the
evils under which they were suffering from that law. The
League essayed to teach a nation the causes of its sufferings.
The task was herculean; their means were insignificant to so
mighty an end ; but the cause in which they embark, d was
just, and they (lid not despair of ultim►te success. But the
progress of truth in the public mind has beau, more rapid than
they had ventured to anticipate. Witne-s the response of the
public pres,, and the co-operation of the enlightened and bone-
volen, in every part of the kingdom.
We hail the recent declaration of her Majesty's Govern-
ment as a crisis in the fate of this great national question.
The present is one of those tides in the affairs of men,
which taken at the turn leads on to fortune."

The duty of the people on this emergency is plain and
it is also urgent. The country is alive to the qu, scion of
the bread-tax—the Ministerial and Opposition parties in the
House of Commons are equally aware that some.iiing must
be done—this our annual motion for the House to deliberate
maturely on the subject has been taken out of the hands of our
tru-ted champion by the Ministets of the Crown. A month
—one short mouth is given us to work in. During that
month our labours must know no intermi.sion. The result
of the deliberaiions of the House of Comm ns de.-
Lends upon the pressure that can be br tight to
bear 'upon them from without. To be indolent and
apathetic at such moments is the conduct of the wicked
generation idly asking for a sign, when it is blazing before
them. Let every man who would not bind dpon his soul a
load of unavailing regret heavier than human strength can
bear, be labouring incessantly now that the hour has come.
Ministers have announced their intention to seek to re-ad-
just the balance betties n a (le rt asing revenue and an increas-
:ng expenditure, by approximating our tariff, as tar as they
can, to one constructed on the principle of taxing for revenue
aone, not for protection. They have a, the same time an-
nounced their intention of grappling with the inevitable ques-
tion of the bread tax. BUT THEY HAVE KEPT TILE TWO
QUESTIONS SEPARATE. With the tariff tl.ey go to work at
once. But with regard to the bread tax they announce that
a month hew .e they will invite the Leg slature to deliberate
what is to be done. They say to the country a. plain as words
can speak, " 'fell us what you want and what amount of sup-
port we can look for."
It is true that Lord John Russell said that he was in favour
of a low fixed duty; but it is also trip that Mr. Labou(titere
declared against the• principle of protective duties altogether;
and a tax upon imported grain is a protective duty. The true
view to take of thin Ministerial step of Friday evening is, that
they are
.feeling their way to learn what they can and what
ihey ought to do. Therrftre, we do say that they are the
true friends of the'r country, who, between this time and the
Ist of June, will exert themselves most strenuously to show
Ministers and the House of Commons what is the real
wish of the people on the great question of the bread-
tax. Honesty now, and always is, the best policy.
I here must be no reserve ; every man must tell frankly
what he wants, the whole of what he wants. The man who,
thinking or professing to think that the law which imposed the
bread tax ought at once to be swept from the statute-hook, it
as false to Government as to the cause, if he persuades those
who wish for total and immediate repeal, to ask for less. He
bids them deceive Government; he bids them tell Govern.
meat that fewer are prepared to back them in a total repeal
than really are; he bids them tell Government that a measure
wi I give satisfaction which he knows will not. Asking for all
we want cannot weaken our causeln Parliament. The House
of Commons will not reject what Ministers propose, because
they know. that a heavier demand comes behind.
Hut ours " is not the cause of party or of faction, or of any
individual, but the common interest of every man in Britain.'
Our-business is to get up petitions, and persuade others to get
up petitions, and to heap them on the table of the House of
Commons before the end of the month, for TOTAL. AND IM-
MEDIATE REPEAL OF THE BREAD TAX. The operative must
be up and doing for the abolition of the bread tax, which pre-
vents him earning food for his family. The capitalist must be
up and doing for a repeal of the bread tax, which keeps him
in constant tear of bankruptcy, and surrounded by crowds of
hungry and irritated men. 'Fhe clergy, the ministers at God's
altar, roust be up and doing for the repeal of the bread tax,
because it is a practical blasphemy, a wanton destruction of the
fruits of earth tieely best twed upon man by his Maker.
One month is ours, and that month must be spent in heap-
ing the table of the Howe of Commons, till it break down
beneath the weight with petitions, telling both Ministers and
this ()position that the repeal of the Corn-laws can no longer
he postponed, and that that repeal most be total.
Signed on behalf of the Council of the National Anti-Corn-
law League,
GEORGE WILSON, Chairman.
Ilanchceer, May 4, 1841.

let the Commissioners avail themselves of the ascending scale
to which they are entitled, thus bearing equal), upon all parties.
It is, therefore, humbly hoped that the House will not permit
the Bill to pa-,s in its present state.

THEATRE ROYAL, COVENT GARDEN.

J sl DER the MANAGEMENT of MADAME VESTRIS,
THIS EVENING. MAY 7,

Will be repeated the New Comedy, in Five Acts, entitled

LON DON ASSURANCE.

Sir Harcourt Courtly, Bart., Mr. W. Farren ; Max Hark-
away, Mr. Bartley; Mr. Charles Courtly, Mr. Anderson ;
Mr. Adolphus Spanker, Mr. Keeley; Mr. Dazzle, Mr. C.
Mathews;_ Mark Meddle, Mr. Harley; Grace Hark& way,
MadameVestris; Lady Gay Spanker, Mrs. Nisbett ; Mrs.
Pert, Mrs. Humbv.

Alter which will be repeated, the Grand Romantic Fairy Ex,

travaganza, entitled
BEAUTY AND THE BEAST.

Beauty, Madams Vestris ; The Beast, Mr. W. Harrison ;
John Quill, Mr. Harley ; Dreesalinda, Miss Rainforth ; Mar-
rygolda, Miss Grant; Queen of the Roses, Miss Lee.
To-morrow, Lc'-don Assurance, with Beauty and the Beast.

I t.• 1 e opened at hall-past Sit—the i)erfutmances t(
commence at Seven o'Clock.

Ores; Boae,, 7s. ; Second Price, 33. 6d.; First and Secoto
rcies. ss. ; Second Price, 2s. 6d. ; Pit, 33.; Second Price
; Gallery Is.
Tie.e,, ant places for the Boxes to be taken of Mr. Grogan
at the Box-office, from Ten till Four, where Season Ticket
may oe had upon application.
Private Boxes to be had so'ely of Mr. Andrea's, bookselle,.
,'7, New Pond-street.