The Sun.
London, England, 1840-10-19 00:00:00

,P, V 14114 IN 0 P.M.TIOX!.

xPlanations for possible contingencies. And, in
act, generally speaking, in this directness of
pur-
rse--this simple frankness in the explanation of
ieWS---consists the charm of Lord PA LM ERS-
-1°N)8 hitherto published diplomatic correspondence
with both Russia and France.

We have received Madrid papers of the 10th
:lfst•• No fewer than four Co-Regents were spoken
narnph•
ESPARTERO, the Infante DON
FRANCISCO DE PAULO, and Senors ARGUEI.LEs
444 FERRER. It was reported that Queen C
TINA Would never consent to a division of the
power of the Regency, and that, were it proposed
t 0 lier, she would quit Spain altogether. Accounts
01,
the death of General LATRE and the Duke of
.ttanq4t°ol•l had reached Madrid. The capital was
I
Five, per. Cents. '25 3-16ths for cash.

f en it was first proposed to blockade the port
Alexandria, as one of the most speedy and effi-
eines means of compelling the submission of ME-
eQmEr Au, it was announced indirectly, but not
th less unquestionably, by the Government here,
at the blockade would be strictly confined to the
munitions
of the export and import of the
I'6°ns of war, and in no way whatever in-
tellr-
'ere with the ordinary rights and privileges
,f
w.e°nmerce. The blockade, we were informed,
itc,uhl be carried on precisely after the ex-
rillePie of the blockade of the Calabrian coast,
w eicek Was wholly directed against the conveyance
o
feiillilitarY stores to Don CARLOS and his rebel
ts• °wet's. Our Evening Edition of The Sun of
eriaturdav contained a correspondence from Alexan-
xiat,' dated the 24th and 25th ult., which painfully
hiti:hlted the little regard that the Government has
14 "to had to the pledges thus made to the British
Merchants resident in Egypt. A blockade which
ela"auld have been much wiser never to have de-
tie ed at all, even in the way of expediting the set-
ri:rilect of the Eastern question, is enforced with a
I°:ur which threatens the ruin of our commercial
wrests on the banks of the Nile. Merchant ves-
with cargoes of British manufactures on board,
were forbidden to enter the harbour of Alexandria
bv
British
blockading squadron, by which means the
vitisli residents in that city were prevented from
t tttin
ii :, g the country with the merchandise already
eir warehouses.
°''‘' what object do the Four Powers propose to
kithltlselves by the blockade of Alexandria ? Surely
ttn 1%1 more than to prevent the VICEROY from
11,1,,kYing his fleet in the transport of reinforcements
pli4 stores to the army in Syria. And to accom-
sh this most effectually it was not necessary Co
Bice the r;
, s••peetest restriction on the entrance of any
otitisn vessel into the port of Alexandria. An-
ger
p consideration here suggests itself. The Four
re'rs never contemplated the absolute ruin of
tet:l"El' ALI. It was never their intention to
t° deprive him of the Pachalic of Egypt, or to
ricur in the sentence of his deposition pronounced
thY the Porte. Why then have recourse to empty
tore, _
ag
ainst such a man? Why proceed to the pul-
~15,(1°‘Nn of the Consular flags, and thus seemingly
I,h°'°e the fate of Egypt with that of Syria ?
tize Observer of yesterday intimates that if ME-
-10 ALI offer more than a passive resistance
4 the Four Powers in Syria, the execution of the
bllotence of deposition will be enforced. We attri-
lt.'e no such resolution to the English Cabinet.
„would, in fact, be to leave the question of
mtm,
rean peace or war to be disposed of accord-
hg to the pleasure of IBRArrim, and his renegade
ircther.in-arms, SOLIMAN PACHA. To indulge
4:°ll3tY threats against such a man as INIEHE-
III ALI, is at once dangerous and ridiculous.
fel! Pacha of EGYPT is not a person to be
e htened by mere menaces into concessions which
pallnot be wrung from him ; and though the Four
:wels could crush him by a single blow, we
quit: the temper of France too well not to fee
Eur certain that such a blow would convulse all
diffi°Ple' France will probably consent without
Pett"Y to the restoration of Syria to the
teetite ; but while she has a ship afloat, or a regi-
\vitt- t° invade the frontiers of her neighbours, she
tire not Suer:IIEHEMET ALI to be deprived of
liadministration of the government of Egeyt•
ot
urwculd the deposition of the VICEROY be less
1`,4"°43 to the interests of England than those of
the tlce* MEHEmET ALI, with all his faults, is
titic'reatest and best ruler that Egypt has had
1:t. the
downfal of the Saracen power in the
tio,4. To destroy him would be, in fact, to ex-
N'ileo‘ish the nascent spirit of European civilization
hen, ,Egypt begins to exhibit in many of her
icstitutions. Moreover, on all occasions he
be shown a regard for thie country, and a wish to
11%04 the hest terms with its Government and
to ' which has proved exceedingly advantageous
'n our relations with the East.
Wet cur business is at present with the injury
the blockade of Alexandria must inflict on
in e eree, unless our Government take measures,
it 'l4cert with the other Great Powers, to confine
I.°t(itrii,ttlY to the terms originally set forth.
tllle ALMERsToer must be sensible by this time
tish ea great error was committed in leaving the Bri-
to mr:Pstil-General at Alexandria no discretion as
u'ing his flag, and thus all at once depriving
the residents in Egypt of that protection which
teeitlaw of nations secured to them so long as it re-
Ilkveti(i,leflYing• it was the interest of England to
Pelee pt the considerations of Egypt and Syria
tiltetthl distinct—a matter everyvvay compatible
1)4 Ce execution of the Treaty of London. It
that en stated, we know not on what authority,
Lei.(i tthe. blockade of Alexandria was suggested by
illdu °NsoNne-, to whom rumour attributes the
ALlT'ecce of a personal hatred of MEHEMET
of 411'1'11.10-i is often incompatible with the exercise
is th:°und discretion. If such be the case, there
Illtrt more occasion for extreme vigilance on the
def of Lord PALMERSTON and the other mem-
tt:f the British Cabinet, as the best statesmen
at ° Prone to gratify their individual resentments
\,,N; expense of moderation and justice.
vve have a right then to expect is, that her
'ESTY's Government will send orders to the
oeitadil
theeya hi 'g squadron before Alexandria, to confine
.
° eickade simply to the prevention of the con-
Porr,nee any reinforcements of troo
of p
artily in s, or the ex-
n:f any munitions of war to the Egyptian
resistyria• If MEHEMET ALI offer no forcible
:ii ri n
declaringietwigeetosuch blockade, the great end had in
it will have been accomplished
aye
h ut
viole"ee. The Allies, properly speaking,
ho
„
Ned
uothele
eat all to do with Egypt. They en-
to restore the Sovereignty of Syria to the
therte, and it is in Syria oniv they have to look for
eeete;
Lieu. winch at present retard such restora-
a ithei is Only in Syria that MEHEMET ALI is
tia; a in the eves of England, Austria, and Preis.
ejeetednd, in our opinion, if he cannot he forcibly
‘ve we,:iitl:;rthSeyria without an atti\ek upon Egypt,
of retai„. "t give a rush for tile SULTAN'S chance
Syrian sceptr e.
Tile alar. • MOW
excite. grog increase of railro ad accidents now
witte„,:tgeeral attention. Scarcely a day passes
or
°°°ther
some melancholy account from one quarter
which not on new lines only, but on those
dirge tor. gave been established for yoars, and if the
some
de cot .
the different Companies do not take
evilisiv_
tLe e effective measures; for abating the
f,rtuil'. shareholders will soon firm that the un-
The aft; passengers are not the tenly sufferers.
for Public will look to their own intere.st, and pre.
4ny
mode of conveyance to a raik 'ay, when

' they find that there is no security on lines that are
conducted even with more than ordinary caution
and regularity. The Southampton line was consi-
dered one of that class, and we believe justly, yet
from all accounts that we have yet received,
the fatal accident, which occurred at the
Nine Elms station, on Saturday evening,
must be attributed to great negligence on the part
of the directors or their servants. The state of the
atmosphere can be no excuse. Fogs in London at
this season are proverbially frequent, and, therefore,
ought to have been taken into account in any regu-
lations made for the safety of the public, and the
security of the vast capital embarked in the under-
taking. We despair, however, of any great bene-
ficial result from the voluntary regulations of di-
rectors, or even those forced upon them by a
Government inspector, till the proprietors are con-
vinced by actions for damages that their first object
is the safety of the public. Self-interest is no
security, as the history of stage-coach travelling
sufficiently proves. Till within these twenty
years fatal accidents from the negligence or
incapacity of drivers were constantly occurring, but
since Judges and Juries found it necessary to levy
heavy damages and punish the proprietors for the
misconduct of their servants, a vast change has
taken place. A new class of men have been en-
gaged, either having a share in the concern, or so
well paid that it becomes for them an object of the
first importance to look to the safety of the passen-
gers. The same system must be applied to railroads,
and then the shareholders will admit that it was
good for them to be punished. As we have re-
peatedly stated, the salaries must be raised and a
new class of men appointed. Can anything be more
preposterous than to place two or three hundred
passengers at the mercy of a conductor whose ser-
vices are considered only worth 30s. a week ?

PARISH OF ST. PANCRAS.—We have given both
parties in this parish a fair hearing-, and are desirous for
the sake of general readers, that the correspondence
should come to a termination. Would it not be better
to appoint a grand field-day and fight the battle in the
Vestry? A plain statement of the proceedings on such
an occasion would do more to enlighten the parishioners
on the subject than fifty letters.
A Tory Contemporary, the Britannia, stated a week
ago, that Lord Arden died worth 800,0001. of personal
property, and that he received an appointment when
he was in his cradle worth from '20,000/. to 30,000/. a
year. This paper will be the death of its friends. In
the last number it has given an account of the property
amassed by another Tory, the late Bishop of St. Davids,
a relative of Lord Liverpool. " The personal property,"
it states, " of the deceased within the jurisdiction of the
Court of Canterbury, has been sworn to under the:value
of 70,000/., independent of property out of the jurisdic-
tion." What he left elsewhere is not stated. Could
there be a more severe satire than this on the hypocrisy
of those public iaen who, while they lament the spiritual
destitution of the people, are amassing princely fortunes,
either out of funds raised by the people, or set apart for
their religious and moral instruction ?

MONEY and COMMERCIAL NE WS

CITY, TWELVE O'CLOCK.
LIVERPOOL COTTON MARKET, SATURDAY.—The
transactions in Cotton are only to a limited extent.
The sales 3,500 bags at Friday's quotations.

The Lisbon Mail has arrived by the Braganza steamer,
sailed Oct. 12. The news she brings is of little im-
portance. It appears that the James Mattison, from
Bombay, was destroyed by fire, about 160 miles west
of the Azores. The crew took to their boats, and were
picked up by a barque from Newfoundland, and car-
ried into Lisbon. The captain and 14 of the crew
came passengers in the Braganza steamer. The pro-
ceedings in the Senate have not been without interest.
Count Villareal inquired of the Minister of Foreign Af-
fairs whether there was a chance of a commercial treaty
being adjusted with Great Britain, and his Excellency
gave the House to understand that the negotiations
were in very forward state.

The packet ships from New York of the 13th and
19th Sept. have arrived.
We have received Sydney Papers to the 15th of
June, but they contain no news of importance. Wheat
was selling at 14s. to 15s. per bushel, and the price
of all other sorts of Grain was declining.

We have received the Journal of Antulap of yes-
terday's date
BOURSE OF AMSTERDAM. OCT. 16.—The National
Funds have acquired more firmness by the rise at
Paris of Wednesday last, but some realizing has been
the cause that they could not maintain the opening
prices, which were 49 for the Integrales, and 159 for
the Actions of the Society of Commerce. Ardoin's re-
mained at 18.

Extract of a letter from Frankfort, October 9 :
The news from Paris brings us hopes that peace will
be maintained in Europe. The funds at our Bourse, ac-
cording to the French prices we receive, augment or
diminish. There prevails a great scarcity of money at
our Bourse, which causes discounts to get up to 51
per cent , to remedy this inconvenience, and to prevent
a further scarcity, the banks have concluded yester-
day a convention, by which the pieces of five francs
will be taken in payment for commercial purposes, at
two florins twenty-six krewtzers. The lists handed about
the Bourse to this effect was signed by all the bankers
and merchants.