The Sun.
London, England, 1847-03-02 00:00:00

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LONDON, TUESDAY, MARCH 2, 1847.

The Lords met at Five o'clock.
Lord BROUGHAM brought in a Bill to amend the law
with respect to insolvent debtors, which was read a first
time.

The Marquis of LANSDOWNE, in answer to the Earl
o? RIPON, said that he would lay upon the table all the
papers relating to the affairs of the Punjaub.
After certain questions had been asked and answered,
The Marquis of CLANRICARDE moved the second read-
ing of the Llbouritig Poor (Ireland) Bill.
Lord BROUGHAM would not oprche this act of in-
demnity, but he thought it should have ben proposed

earlier.
Lord MoNTEAcLE would not oppose the motion, but
he thought the agreements for labour on farms should
he left to be voluntary between landlord and tenant.
After a few words from the Marquis of WESTMEATH
and the Earl of ELLENDOROUGH,
Earl FITZWILLIAM said that the people of England
did not properly understand this question, and their
present economy would turn out to be prospective ex-

travagance.
After a short speech from the Marquis of LANSDOWNE,
the Bill was read a second time.
Earl GREY brought in a Bill to amend the laws re-
specting transportation, and also a Bill to amend the
laws for the management of the Milbank and Park-
hurst Penitentiaries, which he proposed should be read
a second time on Friday.
Their Lordships then adjourned.
The Commons net at Four.
The New Zealand Bill was read a second time, and
ordered to be committed.

Lord Jons RUSSELL said that her MAJESTY had been
graciously pleased to order the Lords of the Council to
appoint a day of national fast and humiliation.

In answer to a question by Mr. SMITH O'BRIEN, it
was stated by Mr. LABeUCHERE, that in certain instances
in Sligo, Bd. a day had been paid to labourers on the
public works, who, having taken task work, were unable
to complete it ; but it should be remembered that the
average daily wages of labourers in the county of Sligo
was only 6d. a day.
Mr. ESCOTT, in answer to Sir R. INGLIS, said that the
Roman Catholic Relief Bill would be committed imme-
diatzly after Easter.

Lord Jour; Russrm. said that the grant for education
would be the same as last year.

Mr. BAILLIE defended certain Highland proprietors
from the charges which had been brought against them
of neglecting the poor.
Mr. ELLICE bore testimony to the great exertions of

the Government, who had done all that it was in the
power of any Government to do, to ward off the effects
of famine.

After a few words from Sir G. GREY and Mr. Ca.-
LETT, the subject dropped.
The House haring resolved itself into a Committee
of Ways and Means.
The CHANCELLOR a the EXCHEQUER detailed the ne-
gotiations into which he had entered for the pupose of
raising the loan of 8,000,0004 The parties bidding for
the loan were to bid so much money fur each 100/. Con-
solidated Stock. He had accepted one of 89/. 10s. for
each 100/. The Right Honourable Gentleman con-
cluded by moving the usual resolutions authorising the 1
raising the loan, which, after a short conversation, was
agreed to.
The House then resumed.

made by the Plenipotentiaries of Northern and Western
Eul'ope in 1815, those two great divisions have since
then perpetually regarded each other's movements
with jealousy and suspicion. As in a compact body
of water, wherever there is a depression on
done side there is a correspondent elevation
on the other, and the reverse ; so in the
political movements of Northern and Western Europe
there has been a continual oscillation. In those
movements, arbitrary and constitutional Governments
have incessantly striven to counteract the proceedings
of each other, though hitherto under the mask of
friendship, and the delusive guise of apparent
compensation. Never until the year 1846 had either
side perpetrated crimes so naked and enormous since
the termination of the Napoleonian wars. And the
cause of this open rupture is attributable to what ?
To what ?—The question is plain; the answer is still
plainer. The evils of this malign dissipation
of the peace of thirty-one years' duration is
solely, and wholly, and entirely attributable to
the French Government. Clothe these occurrences
with all that is specious in diplomacy, with all that
is wily in Ministerial casuistry, with all that is in-
genious in argument and dazzling in eloquence—
that is the one conclusion which can alone be arrived
at. To the guile, the selfishness, the avarice, and the
ambition of the French Government, the rupture of
this protracted peace is exclusively attributable.
And the lures which tempted that Government on to
the commission of this great legislative sin—what
were those lures ? Let us have a truce to all
the trumpery delicacies of speech in reference
to this odious breach of all that is ho-
nourably and really courageous. The French
Government has blown to the winds of
heaven the bonds of amity, the restrictions of justice,
and the spirit of that illu,trious charter which in
1830 was sealed with the blood of her heroic citizenp.
Let as then blow to the winds the paltry forms of
conventional politesse, and speak a language that can
be understood by all. Speaking that plain language—
the language of truth—we aver that the lures which
tempted the French Government on to the perpetra-
tion of this arch-sin against the constitutional liber-
ties of a free people, and against the peace of the en-
tire world, were these
VANITY OF CAJOLING THEIR ALLIES.
ll. THE CONSOLIDATION OF THB POWER OF THE
ORLEANS DYNASTY.
lII.—THE OPENING OF AN ENORMOUS MARRBT

We insert to-day a long letter, headed " Small
Measures for Ireland," which was addressed
to us by a landlord in the county of Donegal. At
this painful and critical period for that afflicted
country—painful from the horrible destitution to
Ilia millions are hourly subjected—critical, inas-
much as, according to the nature of the measures of
a permanent character, which the Legislature may
pass during the present session, will either the wel •
fare of Ireland be placed upon a footing of progressive
regeneration, or her miseries become aggravated to
an almost irretrievable extent—at such a moment we
hold it desirable that those who, by their landed pos-
sessions, must feel deeply interested in all that is now
rivetting and absorbing the attention of every class
throughout the United Empire, and who have been
at the pains to consider what might tend to solve the
perplexities, political and social, of Ireland, should
have an opportunity of bringing their respective
views under the notice of the public. The author of
the letter in question, in the earlier portion of it,
passes a warm eulogium upon, and herein only renders a
simple act of justice to, a numerous body of Irish
lar.dlords, whose conduct, in these perilous
times, has entitled therd in every respect to
patriotic commendation. On the other hand,
the writer passes some very severe, and well-merited
strictures upon the past improvidence, folly, and
rapacity of an extensive class of Irish proprietors,
who have recklessly augmented and precipitated
" discontent, poverty, and outrage." He clearly in-
dicates that had their conduct beep regulated by the
philanthropic spirit of " Live and let live," the pre-
sent disastrous aspect of Ireland would never have
been witnessed. To the weak-minded and grasping
policy of extorting heavy fines, in the first instance,
from every moderate capitalist, who was inclined to
invest his means in the cultivation of a farm of de-
sirable dimensions, to the extravagant prices at
which the proprietary fixed their rents, is to be
mainly attributed the number of small holdings
into which estates have been gradually subdivided,
a system which, more than any other, has constituted
a prolific source of the agrarian evils by which Ire-
land has, for years, been discreditably characterised.
The farmer, in the vain hope of redeeming himself
from the thraldom of the incumbrances incurred by
the unreasonable terms which his landlord had im-
posed on his first taking the land, lent himself, in turn,
to exact conditions, proportionately harsh, from those
who agreed to take small allotments under him, till
at last the cycle of selfishness being completely run
through, nature is found in the end vindicating the
original infraction of the principles of justice,
and the deplorable result is evidenced of men
and land being involved in one common ruin.
Men, who might have been comparatively affluent, are
seen steeped in bankruptcy by the wholesale; and
the soil, which should have teemed with produce, lies
fearfully barren. Mr. TODD recommends an imme-
diate abandonment of the system of small
holdings. We have over and over again urged
the same counsel, and we believe that the measures
of the Government will be shaped with the view of
gradually eradicating the existing diminutive and
vicious division of land. Other suggestions are made
by the above-mentioned gentleman, which are con-
nected with questions of the utmost gravity,
and which would, therefore, demand considerable
space to expatiate upon them with 'the 'ampli-
tude they would require. The propriety of im-
posing a tax upon absentees is a question of this
nature. It is one that has been mooted with great
earnestness at different periods during the last three-
quarters of a century. Weighty objections have re-
peatedly been urged against the imposition of such a
tax. But what cannot be done in a direct, may be,

TO FRENCH MANUFACTURES ACROSS THE
PYRENEES.

On the motion of Lord J. RUSSELL, the House went
into Committee on the Poor Relief (Ireland) Bill, and
the Bill was ordered to be recommitted on Monday.
On the motion of Lord J. RUSSELL, the Committee on
the Landed Property (Ireland) Bill was, after a short
conversation, postponed to Monday next.
On the motion that the House go into Committee of
Supply on the army estimates,
Mr. HumE objected to the increase intended in these
estimates, for which he saw no reason whatever.
The House was then addressed by Sir DE LACY
EVANS, Lord GEORGE BENTINCK, Mr. WILLIAMS, and
Mr. BROTHERTON.
After which the House resolved itself into a Commit:
tee of Supply, when Mr. Fox MAuLE proposed the army
estimates. Several votes were agreed to, and the House
resumed.

IV.—THE CONSEQUENT EXTENSION OF THB VIRTUAL
DOMINIONS or Louis PHILIPPE.
V.—THE EFFECTING OF A MORAL REVENGE FOR
THE DISASTERS OF 1814 AND 1815, AND THE
FINAL CATASTROPHE OF WATERLOO.
VI.—AND, FOREMOST AMONG THE MISCELLANEOUS
ADVANTAGES WHICH MIGHT POSSIBLY RE-
SULT FROM THE SPANISH ALLIANCE, THE
OCCUPATION OF THE BALEARIC ISLANDS, AS
AMONG THE APPANAGES OF THE FRENCH
CROWN.

Talk as they may across the channel in extenua-
tion of the conduct pursued by the Cabinet of the
Tuileries, those are among the principal incitements
to the transaction. And it is entirely upon this
insane venture on the part of the French Government

The Consolidated Fund Bill was read a second time,

The Bill for limiting the period for enlistment in the
army was read a first time.

The House adjourned at Twelve o'clock.

that have resulted the rupture of the entente cordiale,
the dispersion of even all the appearances of cor-
diality, and the invasion of the Cracovian Republic.
One among the Liberal nations of 'Western Europe
has, therefore, for the gratification of its unholy lusts
aided in the development of the cause of Northern
Europe—a cause which is directly opposed to free-
dom and civilisation. To the French Government,
then, these things are alone owing; but will the con-
sequences be as disastrous as might have been at first
anticipated ? Our reliance upon the omnipotence
of the spirit of Liberty, and our conviction that civi-
lization has exceeded the bounds of barbarian con-
quest, assure us that they cannot ulti:nately prove
disastrous in diminishing the one and obliterating
the other. From the shameless proceedings of the
French Government may come a temporary shock to
the power of the people. Northern despotism and
eastern ignorance may at first be aroused to efforts
injurious to the great and sublime cause of civilised
nations ; but ultimately the reaction will produce
more than a merely brilliant compensation. Already
has that reaction incited the King of PRUSSIA to pay a
homage tothe intelligence of his subjects in a manner
unparalleled in ancient or modern history. And that
reaction is being marvellously aided by the liberalis-
ing innovations of Pope Pius IX., innovations which
must tend not merely to the subversion of Austrian
tyranny in her Italian possessions, but to the enlighten-
ment and regeneration of the more southern terri-
tories. Despotism can no longer embrace an entire
continent : its magical sceptre, like the wand of
PROSPERO, is broken.

A momentary retrospect as to the relative position
and complicated intrigues of the Continental Cabinets
cannot he altogether unprofitable. It may enable us
to accumulate some additional confirmation of our
original conjectures as to the motives which have
actuated the presiding geniuses of those Cabinets in

their nefarious and tortuous machinations. The time
which has elapsed since the first development and
final consummation of these occurrences is so far
advantageous, inasmuch as it will enable us to take
the matter into consideration in its totality. Our in-
tention is by no means to review the voluminous cor-
respondence laid upon the tables of the Legislative
Chambers of France and the Parliament of Great
t3ritain. The wrangling of hostile diplomatists has
no peculiar fascination for us at this moment ; neither
are we disposed to make any further commen-
taries upon the kidnapping of a Spanish
Princess, or the larceny of an avaricious despotism.
Already there have been sufficient observations upon
the invasion of popular rights in the incorporation of
the Cracovian territories with the enormous do-
minions of Austria, and upon the adroit interference
with the constitutional privileges and national

iberties of the Spanish population. So much has,
,ndeed, been written upon those infamous infrac-

tions of the treaties of Utrecht and of Vienna, that
we should be loth to refer to them again, otherwise
than as the media through which we may estimate the
future fortunes of Continental Europe. It is simply
and exclusively upon the consequences of these mea-
sures, therefore, that we are induced to take a retro-
spect of such an unattractive character. With the
consideration of those consequences is intimately and
inextricably blended the consideration of the inten-
tions of the principal actors in these strange and al-
most unprecedented transactions.
It is impossible to divest the mind of the notion
that the marriage of the Infanta and the seizure of
Cracow are bound together by a secret animus—that
the former was the incitement to the latter ; that the
latter was the compensation of the former. When
Lisbon was engulphed by an earthquake, the subter-
ranean convulsion produced by that catastrophe tra-
velled noiselessly under the ocean and bubbled up in
the hot-springs of Clifton. The almost simultaneous
ebullition of these internal commotions of the globe tes-
tified tohat there was an immediate connexion between
occurrence 3, that they were either the simul-
taneous results of the same latent motor, or that the
one was the exciting cause of the other. Precisely
upon the same species of evidence it is obvious, as
we have just observed, that the seizure of Cracow
and the marriage of the Infanta were either correla-
tive or sequential.

Notwithstanding the solemn engagements of amity

1/O_NDON, TUESDAY EVENING, MARCH 2, 1847.

to a great extent, effectuated in an indirect manner,
and we conceive that an efficient poor-law will ope-
rate advantageously in reminding absentees that pro-
perty has its duties as well as its rights, and in con-
vincing them that they cannot, with impunity, con-
tinue to neglect residing upon the estates from which
their incomes are derived. With respect to the Irish
fisheries, and a scheme of emigration, they are both
of them subjects under the consideration of the Go-
vernment. Emigration to the North American colo-
nies, or elsewhere, must be a work of time, before it
can be sufficiently encouraged to produce any sub-
stantial effect upon the surplus and unemployed
labouring population of Ireland. For the present we
must content ourselves with devising and pressing
on measures which will he more immediate in
their results. What is wanted in Ireland,
is rather a judicious migration within her
natural boundaries, than without. Reclaim
the waste lands, destroy the small holdings, and
transpose the tenants of the latter to become the
occupiers of the former, would savour far more of
sound policy, as well as be in better keeping with the
interests of patriotism. Besides, with regard to
emigration, it is ever found that those wbo are most
inclined to embark for distant lands, are of the class
the most desirable to retain upon their native soil.
The revenue police of Ireland is at once an expensive
and vexatious force. Happily, however, the develop-
ment of the principles of free trade renders the day
not far distant when England, equally with Ireland,
will be enabled to dispense with the necessity of
maintaining these Treasury sentinels : cessante ra•
tione, cessat lex.

The remarkable contest for the Chancellorship of
the Cambridge University was brought to a close on
Saturday, when Prince ALBERT was elected by a
majority of 116 votes over those given in favour of
the Earl of Fowls. From the vast number of votes
polled on either side, this memorable election must
be regarded as highly creditable, not less to the
nobleman who hts been placed in a minority than to
the distinguished personage who has gained the pre-
ference with the sons of Alma Mater. Nothing could
have been more graceful than the manner in which
the Prince declined, in the first instance, to give his
personal consent to be started as a candidate. It
was, however, notwithstanding, perfectly and fairly
open to those members of the Senate House to register
their votes for his Royal Highness, who conceived
that in the person of the Prince Consort they
discerned most eligible qualities for filling the highest
dignity which they are empowered to confer; and
now that their wishes have been consummated,
so far as the election is concerned, we
doubt not that Prince ALBERT will accept
the Chancellorship. The elevated and honorary office
will, under the circumstances, be presented to the
Royal Consort as a signal acknowledgment of his
public and private virtaes ; and can, at the same
time, be assumed by the Prince with satisfaction to
all parties, considering the extreme delicacy with
which he responded to the original requisition. The
attempt that was made to invest the election with
party and acrimonious feelings, has turned out to be
exceedingly futile. It may be that a spirit of colle-
giate rivalry animated a few, more or less, as to which
of the candidates they should support; but, we re-
peat, that a review of the contest, regarded in all its
elements, cannot, and ought not, to result in a
feeling of disappointment on either side. On the
one hand, the majority is sufficiently substantial to
engender sentiments of satisfaction to Prince ALBERT ;
and, on the other, the minority must be esteemed
highly complimentary to the Earl of Pow's, when,
apart from the private virtues which adorn the cha-
racter of his Lordship's illustrious rival, fair allow-
ance is made for the attractive influences derivable
from the enjoyment of the highest position which can
be occupied by a subject of these realms. When
public attention was first drawn to the proposal
for electing his Royal Highness Chancellor of
the University, we conceived there were some
public reasons why it would not be altogether de-
sirable that the Prince should be selected to fill the
vacant dignity, particularly as it appeared that the
election would not pass off with unanimity. But,
the contest having terminated in the mode to which
we have adverted, our minds are chiefly relieved from
the objections which we were originally disposed to
entertain, and upon which we are, therefore, not now
inclined to enter. It is sufficient to observe
that obvious advantages are likely to be
realised by both Alma Mater and the pub-
lic from the election of the Prince Consort
to the Chancellorship. His Royal Highness cannot
but feel a lively interest for the future welfare of
the University. Both Oxford and Cambridge require
to be extensively reformed in their academical insti-
tutions. The chief depositaries of learning in this
country, they necessarily exercise considerable in-
fluence with regard to the education of the highest
and most affluent classes of the community. For a
long period past the system pursued at the Univer-
sities has not been commensurate with the require-
ments of the age. In the ecclesiastical as well as
the secular culture of the human mind, in regard to
morals, in the extravagant expenditure of the
_youth
committed to their supervision and control, and the
needless cost at present incidental to a collegiate
career, the Universities have fallen far short of the
legitimate
and a just and dis-
cerning public will become restless, unless these be
efficaciously and promptly wrought. Personally
changes are anxiously looked for, expectations of the country. Organic
conversant with much, and, no doubt, by hearsay
with more, of the superior systems, intellectual,
liberal, and economical, which prevail in
Universities abroad, Prince ALBERT, as the
future head of Alma Mater, will become intimately
acquainted with the defects by which our own are
impaired, and, discovering them with feelings of re-
gret, as he assuredly will, may efficiently interest
himself in promoting the reformation desired. His
elevated station will contribute much to strengthen
his hands in so good a work ; and it is, therefore, in,
this light that we are exhilarated with the belief that
the consequences of the choice of Prince ALBERT for
their future
.Chancellor, will alike subserve to the
interestsapnedrmtahnoesentofthe c
ot of the University of Cambridge,
country at large.

terest, and wo shall have to pay both the principal and
the arrears."
The M. FORNARI alluded to above is the Pora's
Nuncio, the protector of the Jesuits, and the petted of
the Presse, who has just overruled the wishes of both
M. GUIZOT and the KING, and prevented the appoint-
ment of M. HEBERT to the Ministry of Justice. Is
France prepared again to see her Government taking
laws from the parti pretre, as in the time of the restora-
tion? It would seem as if the days of the Corbieres,
the Peyronnets, and Frayssinous, had returned.

M. DUVERGIER DE 11AURANNE has laid on the table
of the Chamber of Deputies a Bill for electoral reform.
He proposes that—
"l. Every Frenchman in the enjoyment of his civil and po-
litical rights, having completed the age of twenty-five years,
and paying 101 francs of direct contributions, shall be an
elector, if he fulfils the other conditions of the law. 2. If the
number of electors in an electoral arrondissement does not
amount to 400, that number will be filled up by adding the
names of those who pay the largest amount of direct con-
tributions under 100 francs. 3. Besides these, the following
to be electors ;—Members and correspondents of the insti-
tute, officers of the army and navy having pensions of 1,200
francs or more, judges of courts and tribunals, whether in
active service or retired, titular professors of the faculties of
law, medicine, and sciences, and those of the colleges of
France and the Garden of Plants ; advocates of five years'
standing, doctors of medicane after five years' residence
in an arrondissement, notaries and avows after five years're-
sidence ; members of the Chambers of Commerce, of the
councils of manufacturers, and of the councils efprudhommes,
and members of the municipal councils of the capital of the
arrondissement, or where the population exceeds 3,000. The
Chamber of Deputies to consist of 538 members, which is an
addition of seventy-nine to its present number. It is sup-
posed that the Government will oppose this proposition, ab
initio, and endeavour to get it strangled in the bureaux."

Orders hale been given to fit out the steam frigates
Vauban and Eldorado, at present in dot k at L'Orient,
with the utmost possible expedition. Two ships of the
line, the Friedland and the Jena, were to sail for Brest
from Toulon on the Ist inst.
The Moniteur Parisien states that the interest on
Treasury bonds is to be raised from the Ist instant to
3 per cent, on bonds which have from three to five
months to arrive at maturity ; to 3i per cent. on bonds
at from six to eleven months' date, and to 4 per cent. on
bonds at one year date.

The French Three per Cents. were done in the Passage de
l'Opera on Sunday, at 78f. 70c.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, MARCH 1.
East Indian, —Great Western Bengal, %—Luxembourg, 214—
Namur and Liege, 5 ex div.—• Northern of France, IVA—Paris and
Rosen, MN—Rosen and Barre, 27 —Sambre and hicust4 6N .

We understand that Prince Albert has signified his
intention of accepting the Chancellorship of the Univer-
sity of Cambridge, although the official communication
cannot be made till to-day.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
There was a quiet, but steady, market for Cotton at Li-
verpool 3 estcrday. Sales, 4,000 bales. American realised
to 7%d., and Surat 4%d. to 43/4d. per lb. Railway
Shares were firm, but not much was done.
However much we may regret the perhaps unavoidable
necessity which exists for a postponement of further reduc-
tions in import duties, but more especially in that upon Tea,
it is at least consolatory to find that there are some indica-
tions of the progress of our trade with China, despite the
difficulty at present existing in the obtainment of return
cargoes. According to the last advices received
by the overland mail, and which include a review
of the operations of last year, it would appear that
there has been a fair business done, and that there is a pros-
pect of an increase. , What it might be, however, under a
more liberal tariff on Chinese productions imported here, it
is needless to point out.
According to the most recent information upoa China, col-
lected by the late Colonial Treasurer at Hong- Kong, that
vast country produces tobacco, coal, saltpetre, skins,
corn, drugs, silks, salt, marble, indigo, gold, tin, rice, hemp,
sugar, copper, iron, tea, &c., and there is no doubt but that
a surplus of these articles, under fair encouragement, could
be obtained for exportation in return for British manufac-
tures. When we reflect that China has about the same
number of inhabitants to each square mile as England, and
that the most dense population is along the banks of the
great rivers, which would serve as the highway of com-
merce, it is impossible to over-estimate the future
importance of this market. Four hundred millions of
human beings must offer a field for the exten-
sion of imports, even though their resources were far
less than they are. From the returns made by the Secretary-
of the East India and China Association the arrivals of ship-
ping in the United Kingdom during the year 1846 exhibit
an increase from China of 4,792 tons, and the departures to
that country of 2,986 tons. With these facts before us there
is every room for sanguine anticipations.
The Stock market has been rather weaker to-day, but the
sellers have not got it altogether their own way. The
intelligence received this morning from Parts is considered to
be in favour of the maintainance of amicable relations be-
tween England and France, but there has been no effect pro•
duced upon the market by it. Consols have realised 90% %
for present transfer, and now are 904 to %. Time bargains
have been effected at 90% X, the present value being 90%
%. The New Scrip is at I% to 1% premium. Bank Stock
has been firm at 205%; East India Bonds have fallen to a
discount of 25.; and Exchequer-bills are very heavy at 2s. to
as. premium.
The Foreign Securities have been depressed, and there is
but littledoing in them. Spanish Five per Cents. are 2414.;
and the Three per Cents., 34% N. Mexican Stock is
at 22.
shares are rather quiet, but firm generally.
BRITISH FUNDS. ONE CLOSING
Bank Stock
O'CLOCK. PRICES.
.. .. • • • . .• 205% 205%
Three per Cent. Reduced Annuities
.. 91 61,4 90% 91% 91%
Three per Cent. Consols Annuities 903 %'4 90%
New Three-and-a-Quarter per Cent. Anus. 93 92% 93% 93
Gongong Annuities, Expire Jan. 5, 1860 .. 4IA
9%
Ditto, 30 years, Oct. 10, 1859 ..
250 9 7-16
India Stock .. . • • .• •• .. 250
India Bonds, 1,0001. .. .• .• • . 2 dis. 2 dig.
Ditto, under 1,0001. .. •• .. 2 die. 3 p 3 p
Console for Account, April 15 .. 90% % 00%
Consols, Scrip .. •'•• • • .• 134% p 1% p
Exchequer Bills. I%d. • 114 d.
1,0001... •• • • 23 -- pm. 4 p
5001. •• •• 3 Pm. 3 p
Ditto, Small- •... 24 pm. 4 p
Ditto, Advertised .• • • 3p 2 die. 2 p
ONE CLOSINt•
FOREIGN FUNDS. O'CLOCK. PRICES.
Grenada, 1 per Cent .. 19% 193
Mexican Bonds, 1846, 5 per Cent .. 22 22
Portuguese Four per Cent .• •• 34
Ditto, Small .. •• 3655/
Russian Bonds .. 1093¢ ex dlv 109%
Spanish Bonds, 5 per Cent •• ••
Ditto, for the Account -. .• 244
Ditto, Three per Cent .. 34N%
Ditto, for the Account 34% 4
Dividend.% on the above payable in London.
Dutch Two-and-a-Ban per Cent
Ditto. 4 per Cent. Certificates

.. 924% 9252
PRICES OF BUSINESS
PAID. DONE AT CLOSING
RAILWAY SHARES. ONE O'CLOCK. PRICES.
Aberdeen.. .. 25 .... 24 ••..•• • • .. 24
Amber., Notting., Boston, and
Eastern Junction .. • • • • 2% •• • • 2% 'X •••• • • • •
firming., Wolver., & Stour Valley 5 .. ........
Bristol and Exeter • • • • • •
fcckinghamshire • • • • 61. 4s. •• • • %% p•• •••
• • •
Caledonian .. .. 30 .... 28% 3.0 •X %•• • •
Ditto, Half Shares ....
Chester and Holyhead 2756 .... 24
Cornwall .. • • • • • • 7% •• • • 3%
Eastern Counties .. .. 20 .. 2131 %• • ......
Ditto, York Extension .. 4 .... 451
Eastern Ultion • •
East Lancashire .. • • • •
Ditto New .. •• •• 5, ~•• • • ./•• ••
-
Ditto, ditto New Scrip • • • • 1 •• • • /s •••• • • • •
East Lincolnshire .. .. • • • • 4 •• • • 1A , •••• • • • •
Edinburgh and Glasgow „. .. 50 .... 79% ......
Edinburgh and Northern .. 15 • ... -
Ditto, Newport .. .." ,„5 •
~ •••'4,•• • • • • • • • Ely and Huntingdon •• • • "72 ••'•"••• • • • • • • • -
Exeter, Yeovil, and Dorchester .. . •
Great Northern (London & York
Do., do (Direct Northern Regd.) 3N .... 4% •.• • • .....
Great Western .. 85 .•
Ditto, Half Shares 50 .... 69 ex • ... 69 x.d.
Ditto, Quarter Shares .. 12% .. 19 1851 ex div.. 1851 x.d.
Ditto, Fifths 2O .... 271 i ex div 2734 x.d.
Huddersfield and Manchester jg. 16 .... 19% ....... •• • 19%
Ipswich :tad Bury St.Edmunds 14 .. .. 12 .. • 12
Lancaster and Carlisle .. 150
Ditto, New • • • • • • • • • •
. „ „
Leeds and Thirek 22% .... 21% . 21%
Ditto, New .. 5 4% 5........ 5
Ditto, Preference 6 per Cent. ..
.... 51, • 514
London and Blackwell .. 161. 13s. 4d. 8%.
..........
Ditto, New, No. 2 1/. 13s. 4d. 114 p........ 114 p
London, Brighton, and S Coast.. 50 .56 55% x all .. 5514
Ditto, Guarant. Five per Cent. 9
.... 9% • 9%
London an North-Western —lOO • • 185% 186% 185% 186 186
Ditto, 401. Shares M. &B.• • 40 .... 72 ....... 72
Ditto, 10/. Shares M. & 12. (B) 5 .. • • 1134
London and South-'Western • • 411. 6s. 10d... 64% x d .•....64
Ditto, New Consol. Eighths
.. 40 .... .. ••• • • 43
Ditto, New .. . • 22%..., 25N x d...... 2534
Ditto, Scrip.. .. • • 5 .... 551..
Lynn and Ely . • 20 2214 „
Lynn and Dereham .. 15 .... 17 •••• • • • • 1634
Manchester and Leeds .. 82 •. ▪
5 •
•••• • • " • Ditto, Fifths ll 11
Ditto, Thirds (Reg.)„ 84s. .. • • 3 11•
Manchester arid Southampton .. 2 •••• • 1% •••"• • • • •
Midland
..100 .. • .•••• • • . • • 121%
Ditto, New •
.. 30 • . 35% ..•
••
35 %
Ditto, Birmingham and Derby 100 ..
• 96 96
Midland, Binning. & Gioucest.• .100 ....123%•. • ... 123%
Newcastle and Berwick .. •• 20 •• • 321 i % 33% • • 33%
Norfolk „ ..100 ...139 141 x dlr... 140
Ditto, Half Shares ..•
.. 10 •.. 13% x d ... • 1334
Ditto, Extenalon . • • • ••6••••6%• • • • • • • • • 6%
Northern Counties Union .. 2, .... 114 ••••• • • • • • 1%
North British 25 .. • • 35% .• • . 35%
Ditto, Half Shares .. • . 12% •17 16% ...... 16.4
Ditto, Quarter Shares ••••2%•• .. 4. • • • 4%
Ditto, Thirds ..
.. • • • • 1 .• • • 3% ..... 3%
Northern and Eastern .. .. 50 .... 58 58
North Staffordshire .. • • • • 5 •• • • 8% %••• • • • •
Oxford,lVorcest.,& Wolverhmptn. 17% .... 11% .. •• •• 11%
Preston and Wyre . • • •. 25 .... 35 3434 35% • • 35%
Ditto, half Shares (A) 6% .. •• 11 . 11
Reading, GuildfOrd, and Reigate 5.. • . % •• • 5
Sheffield, Rotherham & Goole .. 2%.... 2% ••••• • • • • • 2, ~..711
Shrewsbury andbirrilingham 3 .... 4% %••• • • •• ••• Shropahlrelinion 425... die ....
South Staffordahlie Junction
South Eistemand D nor .. • • 33%.... 39 38N ••• • • • :•'.94
bo., New (do. 15/.) .. No. 4. 3%.... 4% •• • • " 456
South Wales .. 10 .. •• 1351 • .... n
South Yorkshire, Doncaster, and
Sivans.& I4otighor & Cameron's.. 2 •• • • 3
Vale e-feeath _ • • • • ' • • 2 •• • • 4 •••• • • • •
Wattrtotd gig) Kilkenny .. • • 11 •• • • 4 "' .
West ItiApp pratan 425. •• • • 2P•••• • • • • • •
tolpti Names, &S. Western.. 425. • • • • . •• • • • • •• • •
York itlff•Neileastie 25 3614 .. • • • .....
Ditt4lStott.. .. ••• • " • 4
•
34
Ditfetr'rtererence • • •• • • "• • .86,7 .
York arid North Midlan.d. ..•• ro •,..,•••• 7" . .... •• •
Ditto, Extension
FOREIGN RAIL'S% AI S.
Boulogne and Amiens .. • • Is 149452.• •• ••
Louvain ala Sambre .. • • • • 6 •; ;
..
..
..
..
Northern of France • • • • • • 8 .
Rouen and Havre • • • • • •
S imbre and Meuse • • • • • •12 7,
MINES.

The King of BAVARIA has commissioned Prince
D'OETTINGEN WELLERSTRIN to form a new Ministry,
in the room of the Ministry which has resigned in con-
sequence of the determination of the KING to confer
Crown lands and the title of Countess on his latest fa-
vourite, the Spanish danseuse, LOLA MoNTEs. There
have been reports circulated that it is not improbable
the Crown Prince may be proclaimed Regent, and
the KING himself put under restraint as incapable of
managing his own affairs, and it must be confessed that
the KING has, throughout his whole career, exhibited
more eccentricity than wisdom.

Madrid papers of the 23d ult. have arrived.
The Minister of War has laid on the table of the
Chamber of Deputies a Bill authorising the Government
to raise 50,000 men whenever it may be deemed expe-
dient so to do ; and the Minister of Finance a Bill for
a loan of 2,000,0001., at 3 per cent., with liberty to allo-
cate any portion of the public revenue that may be
deemed expedient for payment of the interest.
MADRID BOLSA, FEB. 23.—The Three per Cents. closed
on the Madrid Stock Exchange, on the 23d, at 31 cash; the
Five per Cents., at 20 c,ash; Coupons, 17 cash ; Passive,
6% cash.

We have received the Paris papers of Sunday.
It appears that the differences between M. GUIZOT
and Lord NORMANBY have been arranged through the
intervention of Count D'APPONY, the Austrian Ambas-
sador, at whose residence they met on Saturday.
According to the National, this arrangement was
brought about by the intervention of the superior Powers.
" The superior Powers," says the National, " have in-
terfered, and it is said that the affair is to be arranged.
In the mean time Lord PALMERSTON pursues his course.
The SULTAN'S Envoy, commissioned to summon the
Bey of TUNIS to return to his allegiance, has arrived at
Malta, on board an English vessel It is probable that
an English
squadron will accompany him to Tunis. It
is now contemplated to act against Tunis as Egypt was
treated in the year 1841—that is, a new treaty of July
with the four Powers rgainst us. M. FORNARI has
brought us back to the restoration, and England to the
coalition. We are in a course of progress. Matters are
not more favourable in Spain. Carlist bands are be-
coming more numerous, and considerable anxiety pre-
vails at Madrid, where a general insurrection in the
name of the Pretender is every day expected. In order
that no doubt may remain respecting our isolation, Lord
PALMERSTON has announced to Count ST. AULAIRE
that the treaty of the quadruple alliance no longer
exists. The Montpensier marriage portion bears in-

2p
.3i p
36j
1 IN
834
87
37%

Real del Monte, Unrezistered •• • • 3!,i ••• • • • ...

104
13,g
134
27 ye
7%

•
MYSTERIOUS DISAPPEARANCE.— The farmer, Rafter,
whose mysterious disappearance we noticed on Wednesday
last, has not yot been found or heard of, notwithstanding
that the magistrates hold daily investigations into the matter,
and all the bogs, streams, and rivers in the neighbourhood
have been repeatedly searched and dragged. It would apperr
that the man was engaged in a family dispute about lane,
and it is suspected that he has come by a 'oul end. He has
left a wife and family, but they are in rather comfortable
circumstances,—KiMetiny Moderator.