The Sun.
London, England, 1841-03-03 00:00:00

THE SUN, LONDON, WEDNESDAY, MARCH 3,1841.

these respects may be had from parliamentary returns.
We imagine that the further information
~must con-
cern the definition of the franchise qualification.
H. ve the minority come to a sense of the r duty, cod
declared that they xi 1 administer the law ; as ic is
Mr. O'Connell and a few more
persons on the bench to convert the minority
choorpreudp, t b). placiug
into a majority? This, however, is triflirg—the postpone-
ment is a clear unequivocal confession of defeat—a di-tinct
abandonment of the Bill—a declaration that its only pur-
pose was to embarrass and retard the Bill of Lord Stanley
by chicane ry and vexatious delay, in the hope that that Bill
.may be evaded this year, as it was last year, by a ditatcry
process.
(From the Courier.)
To-morrow is the day fixed fur the second reading of
Mr. Emerson Tennent's Bill, called the 6' Designs
Cop)r'ght Bill," which, as it would seem on its face
disentangled from any mere party involvements, it may
be hoped rather than expected will escape not only the
direct opposition of Ministers, but that indirect and not
less efficacious, however paltering, hosti ity which
is shown by taking pains that a House shall not
tie made to entertain the question on its merits,
It may seem strange that, at this time of day, it
should bo found necessary to frame and pass laws for
securing to a certain class of artists or artisans the
light of property, for the iasignificant tern of one
year, in what is and should ba their (win by the most
sacred of all tit'es, for we know of no title so sasred as
that established by genius or ingenuity in the produce
and sole profit of its own inventions, discoieries, or im-
provements. It is, however, exactly of this most incon-
testable of all rights, that the calico printer or pattern
designer is defrauded by the present state of the law on
copyright in designs. The a.tist gifted with taste and
skill may, and does, from his humble studio, labo-
riously contribute in every way to the arts, elcgan-
cies, -and pleasures of refined society, as well as to
the enjoyments and comforts of more humble life,
by the magic creations of his pencil, and the
brilliant mad ever-varying combinations of his colours.
but he is not the labourer counted legally worthy of his
hire, but made rather the special mark f.r dishonest
dulness to copy, and unprincipled pirates to plunder
with impunity. The parsimonious protection dealt out
to the pattern designer and calico printer for the choice
productions of art and ingenuity extends to three
mont'as only, so that just when the arduous labours, anxiety,
and expenditure of many previous months shJuld
reap their reward in the commencing appreciation of
the public, their quarter's patent expires, and the
pirate who Las already been at woilt ii copying the
fashion stamped pattern, the sole hope of return profit
to the propriet,,r out of ye i :us designs, all, p.a..-
haps, but this unsuccasful, and in ;ha prepa-ation of large
stocks produced at the cheapest rates, si,,ce at no cost far
original designs and printing them on inferior epalities of
cl,,th, is enabled to overlay the market with his lower
priced imitation goods, and so despoil the skilful and en-
terprising calico printer and pattern int enter of the jus
fruits of his talent and industry,

MONEY MARKET and CITY NEWS

FROM THE MORNING PAPERS OF YESTERDAY.
CHRONICLE.—.A meeting of the Committee of Sou h
American Bondholders was held to. day to make arrangements
for the general meeting of the Chilian creditors, fixed to take
place on Wednesday. Printed statements will be ready by the
day of meeting, showing the proposals made by the Chilian
Government, with a comparative view of the finances of that
republic from 1833 to the present time.
We have received copies of a despatch, transmitted in the
month of October last by. her Majesty's Minister at Bogota,
along with a representation from Messrs. Fowles, Illing,worth,
and Co., the agents there for the Colombian bondholders
to the Government of New Grenada. Aso a copy of the
reply by the Minister of that Republic. From this cor-
respondence it appears that the Government of New
Grenada fully acknowledge that the revenues aris.,
ing from tobacco and the custom-houses, are spe
cially hypothecated to the payment of the interest
on aad redemption of the foreign debt. The Minister of New
Grenada stab s, indeed, that the funds destined to the payment
of the national debt have always been held sacred by the Exe-
cutive, and that the proceeds have been regularly remitted to
England from time to time, although, in consequence of the
political agitatioLs which have occurred during the last two
years, the amount has been much has than was expected, and
partly diverted from their legitimate application. Under no
circumstances, however, he states, will the legitimate autho-
rities sanction any misapplication of the funds hypothecated
towards payment of the interest on the foreign debt, and it is
announced to be the earnest desire of the executive to regu-
late, in a satisfactory manner, the foreign debt of the Re-
public, so soon as the political disturbances which afflict the
country have ceased ; and with that view the Minister expresses
an intention of the Executive t. propose a measure to
_Con-
gress at its first meeting useful and favourable to the bondhold-
ers, and which he says will enable the Republic to fulfil its en-
gagements. The subjoined letter on the subject of the internal
debt of Spain will be read with interest by the creditors of that
country :

'° Sir—ln your paper of Saturday I read a communication
from a gentleman in Brighton, in which, after alluding to my
statement respecting the Spanish foreign debt, he wishes to be
informed likewise of the amount and circumstances of the home
or internal debt.

"It is not in my power to gratify his wish by presenting a
similarly detailed document, but 1 think that the following one
will serve the purpose, which you will be good enough to pub-
lish, if you think it worth the attention of your readers

TOTAL AMOUNT OF THE SPANISH-11011E DEBT.
With Interest. Without Inter,
Five per Cent. Consolidated... 1,387,833,382
Four per Cent. Consolidated... 629,495,636

French claims...
Current debt
Vales non-consolidated
Debt without interest
Titulos not presented to the
liquidation in 1836
Titulos given after the said

liquidation
Titulos issued for the conver-
sion of interest overdue on

841,426

vales

347,041,6271
537.211,317
1,252,128,101

648,562,534

417,376,033

84,048,852

Titulos liquidated and recog-
nized, submitted to the ap-
proval of the Cortes ...

278,404,396

Reales vellon
.At 4s. 3d per dollar of 20
reales, equal to ..... £21,443,060 £37,875,686
" The above statement was presented to the Cortes by the
Minister of Finance in 1837, after the liquidation of all claims
had been completed. The amount will be diminished in pro-
portion as the purchasers of national property make gocd their
instalments in borids.

" I remain, Sir, your obedient servant,
" A SPANISH BONDHOLDER."
London, March 1, 1841."

TIMES.—Few persons who are in the habit of paying at-
tention to such matters can have forgotten the high tone
assumed in the early part of their career by the " Commissioners
for South Australia," the large funds to be attracted in aid
of their vast pi ojects, and the benefit to be derived from them
by the public at large, under cover of which they became
borrowers of money to a large extent, almost conferring
thereby an obligation on the lenders, of so superior a kind
was the security held out to them. But a sudden change, it
seems, has come over all these splendid prospects, and, if the
statements which are current in the Cityon the subject are correct,
the Commis ioners are now without funds to meet the draughts
made upon them from the colony. To an application with one
of their bills, presented at their office in Park-street, and re-
fused payment, the following Vt ritten answer, it is s'ated, has
been tetutxed, viz., " The Colonization Commissioners for
South Australia are not in possession of the necessary means
for meeting the pecuniary claims upon the public funds of the
colony, but it is the intention of her Majesty's Government to
t ring the question of the affairs of South Australia before Par-
liament without delay, with a view to such arrangements being
made for the soli:far:non of the claims of a2l cla ses of the cre-
ditors as Parliament may sanction."
:duce this occurred there has been an appointment, on the
motion of Lord John Russell, of a Select Committee to investi-
gate the affairs of the Commissioners :above referred to, but
probably without the cognizance of the House of Commons ge-
nerally, or of the causes which led to that motion. In plain
terms, however, it amounts to this, that the Commission is
bankrui t, and that the real point for the Select Committee to
report, and for the House of Commons to decide. upon, is,
how this great and favourite emigration and colonization
scheme is to be protected from total dishonour. Now
that the origin of Lord John Russell's motion and
of the appointment of the Select Committee is dis-
clo,ed, the public will no doubt look for that report and the
final issue of the whole affair with eager curiosity. Any one
who considers the matter carefully will readily come to the con-
clusion that the greatooint of con'est will be, whether the obli-
gation to meet these colonial draughts shall be thrown upon the
Commissioners for South Australia or her Majesty's Govlips-
ment. Certainly, until some issue is arrived at, the Conmits.,
sioners must be admitted to stand in a situation of no ordinary
peril, though the real pi.rty to suffer in the end by all this folly,
that is the pubic, cannot be very eoubtful.

TIIE NEW PUBLICATIONS.—The following
esti..g New Works have just been published by Mr.
Cc:lbw-a c f Great Marlborough-street and_may now.be
lud of all booksiellers:-1. -Ti.e Book Without a Name,
by Sir Charles and Lady Morgar, 2 vole. small 21s.
bound. 2. The Courts of Europe at the Close of the Last
Century, by the late Henry Swinburne, Esq., 2 vole. Bvo.,
with Portrait, 235. bound. 3. Society in by an In-
dian Officer, 2 vols. post Bvo. 21s. 4. The Spas a Eng-
land, by Dr. Granville, 1 vol., with Map and 30 Illustra-
tions, 153. bound. 5. The Lite and Letters of Beethoven,
Edited, with Introduction, Notes, &c., by Igoace Mos-
cl.e'es, 2 vols., small Bvo., with Portrait, &c., 21s. bound.
6. Lettcra illustrative of the Court crcal Times of William
111., by James Vernon, Esq., Secretary of State, Edited
by G. P. R. James, Esq., Authoi.of " Richelieu," &c., 3
vol.. Bvo., witk Portraits. J.vThe Sportsman in Franc.-,
by Frederic Tolfeey, Eq., 2 vols. small Bvo., with 12
Illustrations, 21s. bound. 8 The Hon. Mrs. Norton's
New Poetical Wo st, Second Edition, 1 vol., with Per.
trait, 103. 6d. nd. 9. TI e Comic Miscellanies, Me-
moirs, and L era of the late James Smith, Esq., one of
the Authors f" Rejected Addresses," &c., Edited by Ho-
race Smith Esq„Second Edition, with Additions, 2 vols.
small evo.; with Portrait', 21a. bd. 10. Lady Blessington'a
Idler in Italy, the 3d and Concluding Volume. 11. The
Art ot NEeedli ework, Edited by the Countess of Wiltoci,
2Sde Sec n d
Volumesdi .0 ofa ,t
the
evoNl .e,
New and
d6d.
Revisedbo und.
Editionl2 . l'hoef lAs tganneds
S!rickland's Lives of the Queens of England, price
10s. 6d. each, with Illustrations, bound.
A compliment, as unexpected as it is flattering
to the illustrious parsons interested, has just been conferred
on her Majesty and Pi ince Albert. A iepresentation hav-
ing bcea made of the railed taste her Majesty displayed
in music, and the Prince in musical composition, the coun-
cil of the celebrated academy of St. Cecilia at Rome, have
caused the names of her Majesty (La Regina d'lngbil-
errs) and Prince Allen (IL PrinciFe Albe'to) to be in-
scribed in its list of honorary members. This academy
was
funded in 1584, since which It has conferred honours
o loude
re
report similar to a
onupW uards of 3,000 distinguished
amliusiiicaliTs, and is ones)!
the most celebrated i
FRIGHTFUL EXPLOSION.—Monday, shortly
be fore 12 o'clock, the h
aablaitramnt,sionf
cthoensLegounednocn;rlifaad
thrown into the greatest
discharge of artillery; when it was
found that the
of the shop-window of lb. Hooper,
in
said) some chemical preparation. It is a perfect miracle
laylonle to atoms, by the explosion of (it is
thatsurg eecovne,rwidaslivbelosai
were not lost.