The Sun.
London, England, 1841-06-28 00:00:00

LONDON:
. MONDAY, JUNE 28, 1841.

LATEST NE WS FROM
AMERICA.
By the arrival of the George Washington at
Liverpool, at eight o'clock yesterday evening,
from. New York, we have received American
Papers to the Bth inst., inclusive. The Washing-
ton made the homeward passage in nineteen
days. The Secretary of the Treasury at Washing-
ton, in obedience to a resolution of the last Con-
gress, presented on the sth an official report of
the state of the finances of the republic. This
report was exciting general attention among all
classes. The Secretary of the Treasury states
that during the four years of Mr. VAN BUREN'S
Government the expenses of the Government
exceeded the current revenues by thirty-one
millions of dollars. The deficit in the revenue
of the current year to meet the expenditure up
to the 31st of August is five millions and a quar-
ter of dollars. In order to cover the expenses
of the current and the ensuing year, the Secre-
tary calculates that an additional revenue to the
amount of sixteen millions of dollars must be
raised. To effect this he recommends the follow-
ing measures :
The levy of a duty of 20 per cent. ad valorem in all articles,
which are now free of duty, or which pay a duty less than 20
per cent.
The funding of the public debt payable in five or eight years.
The disuse of Treasury notes.
The repeal of the Sub-Treasury Act, and the creation of a
National Bank.
The- Secretary also recommends the correction of the ine-
qualities in duties upon sugar and molasses.
The revision of the Tariff he deems too long a job for the Ex-
tra Session, and, therefore, dues not urge it at present.
Other extracts from the American Papers,
the crowded state of our columns obliges us to
postpone till to-morrow. We subjoin the closing
prices of the different kinds of Stock in the New
York,Money Market on Saturday the sth inst.:—
NEW YORK MONEY MARKET.
RATE OF SALES AT THE STOCK EXCHANGE,
Jura 5.
5,000 dollars Indiana sterling Bonds
1,000 Indiana Long Bonds 6l-
50 shares United States Bank 2O
50 do Bank of Commerce 99
25 do Delaware and Hudson
120 do Vicksburg
30 do Canton Co ..... 304
50 do Mohawk RR.
225 do Harlem RR
20 do State Bank
31 do Boston and Providence RR.
15 do Ohio Life and Trust.
110 do N. A. Trust
25 do Stonington R. R
70 do Paterson R. R.
50 do New Jersey R. R
150 do Long Island R. R. s3i
SALES AT THE SECOND BOARD.
5,000 dollars Indiana Boads 59
30 shares United States Bank
50 do Farmers' Bank
25 do Stonington Railroad

MARKETS, JUNE
_5.

COFFEE.— Steady sales, but Without the slightest change in
price.
COTTON.—The market is very inactive—the last news from
Europe has checked sales.

Lord STANLEY, in his address to the electors
of the northern division of Lancashire, assumes
the livery of the Whigs. " I have ever been,"
he says, " a friend to civil and religious liberty,"
and then he enumerates the good measures he
supported while he was a very junior, but a
rising member of .the Whig party. He claims
the confidence of the Tories on account of his
Whig principles. He boasts of no present per-
formances, but of what he did before he forsook
his friends, and became an apostate, because he
had been bred a bigot.
"I cordially supported," he says, " the removal of
political disabilities on the ground of religious opinions,
whether of the Roman Catholic or of Protestant Dis-
senters."

That was in 1828 and 1829. Why has be
not since supported the claims of the
Dissenters to be relieved from Church-
rates? Why did he not support the attempt of
the Whigs, after cutting off under Earl GREY
ten Irish bishoprics, to give the Catholics a small
share of that national property intended for the
encouragement of religion and learning, which
was originally appropriated to all the people,
and from a share in which certainly Roman Ca-
tholics, who constituted the bulk of the nation,
were not excluded ? Why, if Lord STANLEY
has ever been, as he says, a friend to religious
and civil liberty, did he separate from the Min-
ters the instant they attempted to appropriate a
small portion of this property to the educa-
tion of the Catholics ? Surely it is inconsistent
with both civil and religious liberty to be com-
pelled to support a Church Establishment, which
men regard as not teaching the true religion.
But the Protestant Establishment in Ireland is
almost entirely supported by the labour and
property of Roman Catholics; and Lord EITANLEY,
lover of civil and religious liberty as he is, left
the Ministers because he insisted on extorting
that support from the Catholics, and would not
allow them the smallest share of it. Why was
Lord STANLEY so childishly inconsistent ? He
answers,

~ I never considered that the principles of religious
by the State,
Lights, were in-
of invidious
li-
berty were inconsistent with the maintenance,
of the national religion; nor that theof removaleeinvai
PPsutain integral,
support, uphold,
distinctions, and a perfect equality
compatible with a firm determination to
and strengthen the National Establishment
and most valuable part of the British Constitution."
both
In this passage the phrases " national.
reli-
gion," and " National Establishment,"
mean the Anglican Church, and Lord STANLEY
does not think it incompatible with civil and re-
ligious liberty to uphold that Establishment
against the will of a majority of the Irish. It is
not, according to his doctrines, a trespass on
civil and religious liberty, and civil and religious
rights, to make men pay for a Church which
they regard as unchristian. If Lord STANLEY
were a Roman Catholic, he would equally make
the Protestants pay for his petreligion. It is plain
that he has not a just conception of civil and re-
ligious liberty, and that he sacrifices both with a
view to secure political power and wealth to Lis
own sect. An inquisitor acts on the same prin-
ciple, but he carries it a little further than Lord
STANLEY can carry it in this country.
Lord STANLEY'S next boast is--

" I was of opinion, prior to 1830, that the lapse of
time had produced abuses in our representative system
which required to be corrected ; and I warmly sup-
ported the measure of Earl Grey, which aimed at sub-
stituting a real for a. nominal representation of the
people in the House of Commons."
And why does not Lord STANLEY'4IOW carry