The Sun.
London, England, 1847-03-27 00:00:00

THE Strisj", LONDON, SATURDAY MORNING, MARCH 27, 184;7

In our two noble inititutions, the Universities of
Oxford and Cambridge—Universities rendered illus-
trious by the glory of the minds which they have
cultured—we find the most appropriate channels
for the employment of the talents of our Princes
in a manner calculated to aid in the intellectual im-
provement of the people. Otherwise royal personages
are debarred from the opportunities of turning their
moral and mental endowments to the common ad-
vantage; otherwise the gifts conferred on them by
GOD are deteriorated by the very splendour of their
position ; they are rendered merely the ornaments of
a Court or the means of obtaining distinction in
the pastimes of the field. In times of feudality the
chieftains of the, nation acquired renown by partici-
pating in the fantastic chivalry of the crusades, or in
leading on their serfs to the conquest and spoliation
of adjacent states. In an age of civilisation, it is but
right that the Consort of the SOVEREIGN should be
enabled to acquire a somewhat more creditable dis-
tinction, by emulating the promoters of erudition, and
guiding the youth of England in the benignant cam-
paigns of scientific research and literary investigation.
With Cambridge and Oxford are peculiarly blended
the names and memories of our immortal country-
men. In a particular manner they are ren-
dered the sacred depositories of our national
genius, by the antiquity of their foundation
and the renown they have acquired. Before
the munificence of Cardinal WOLSEY had been
evinced towards Oxford, the sister Universities had
rendered themselves the particular objects of
monarchical and ministerial regard. Since that
period they have developed their powers in a ratio
proportioned to the advancing spirit of the times,
and consequently they are more than ever entitled to
the consideration of the State and to the benefits
arising from the intellectual capacities of our Princes.
Now, that his Royal Highness the Prince ALBERT
has been formally installed as the Chancellor of
Cambridge, he possesses the means of asserting the
enlightenment of his character, and of confirming
the accuracy of those rumours which have
mentioned him as a man of unusual endow-
ments. By the on dits which have become familiar
to the multitude, in spite of the impenetrable
secrecies of the royal household, Prince ALBERT is
reported to be profoundly versed as a classical
scholar, to be a proficient in living languages, to be
an ingenious artist, a skilful musician, and an un-
affected enthusiast in the natural sciences ; he is de-
scribed by those competent to form an estimate of his
capabilities to be familiarly acquainted with the various
departments of literature and the multiform phases of
philosophy. An opportunity is now afforded his
Royal Highness of employing those talents and ac-
quirements in a manner which may elevate him to
the dignity of being a promoter of education, a bene-
factor of the subjects of his August Spouse, and a
patriotic Prince of that England in which he can
never be regarded as a foreigner.

The affairs of Ireland continue to occupy the
almost undivided attention of the Senate, to the ex-
clusion of other matters. Each succeeding clause of
the Poor-law for that country is contested with a
desperate energy, and the propositions of the Govern-
ment on each point are opposed by the different
speakers, who, not satisfied with the :moderation and
justice of those propositions, a triumph being
given to neither party, desiare that their
own extreme views should be adopted. One
class contend that the area of taxation should be con-
siderably reduced, another that it should be extended.
One demands a townland, or at the utmost a
parochial rating, all the larger parishes
being divided into two or more divisions;
while others assert that great inconvenince
would arise from any system of subdivision, that the
rates should be charged on the whole body of the ,
union, and that there should be unison settlements, ,
and an uniformity of rating. One party objects to
the number of ex officio guardians, another desires
that every magistrate should be appointed. Mean-
while the Government pursue the even tenor of their
way, and are supported on each divisioi a by the most
decisive majorities. It is now perfectly manifest that
an effectual poor-law is necessary, not .merely for the
welfare of Ireland and the support of her people, but
also for the protection of English indlistry and the
national resources. The English people''r eely took upon
themselves the extraordinary charges re ndered neces-
sary for the support of the people deprive( 1 of their ordi-
nary description of food by the visitation 01 'PROVIDENCE.
They cheerfully assented to the propcisition that it
should be regarded as a national calam i ty, and that a
considerable portion of the expenditx,re should be
defrayed from the national exchequer.. They mur-
mured not at the burdens thereby entailed upon
them. All they required in return fn. these sacri-
fices was, that the Irish people shoulld try to help
themselves for the future ; that they should adopt
such precautions as would be taken by reasonable and
prudent men, who knew that they had only their own
exertions to depend on in order to prey, nit the recur-
rence of similar distress and destit u tion in their
unhappy land. This is a moderate a d reasonable
demand, which cannot be slighted or despised. A
further appeal to English sympathies would come
with a peculiarly bad grace from those, who by their
own apathy and negligence permitted the land to
remain fallow, and unproductive, and w e; re thus chiefly
responsible for the deficiency in a nation's food. The
time, however, is passing away and thee lands are still
left uncultivated and untilled, and ti iere is but a
scanty preparation for the coming ha r vest. What-
ever may be the causes of this unto ward state of
affairs, the proprietors and occupants oif the soil must
be the chief sufferers, if it be persevei ed in. The
real property of the kingdom must be .esponsible to
the utmost farthing for the maintenance ( ,f the people
belonging to it, and if it be not made available to the
utmost extent, if its capabilities are suffer ed to remain
latent and undeveloped, all those inter sted therein
may pay the penalty.
There is no want of sufficient means fc cr tilling the
land, save, perhaps, in the case of the c o ttier. The
occupiers of farms of 20 acres and up% Itrds are as
well able as ever to take all the necessary steps, and
to incur all the usual expense. The hit? h price of
corn and the fair amount of the crops fully • compen-
sated for the lamentable failure of the pot:2.N), which
fell with such crushing force upon the smaller
holdings. They have dispensed with the la-
bourers, to whom they were accustomed to

The Senate of Frankfort has suspended the duty
upon the import of rice until September next. Most
of the other states of the Zollverein have already
taken the same measure.

A letter from Rome says—
" Monsignor Grassellini, Governor of Rome, had just
adopted a liberal reform for the police, of which he is Direc-
tor-General. The police is for the future to occupy itself
with actions, and not with opinions, and will thus have liberty
to the development of social life. M. Grassellini has also
occupied himself with prisons. He lately visited that of the
Palazzo Madama. On seeing its horrible subterranean cells,
he caused six prisoners who were confined in them to be set
at liberty, and then gave orders to put the prison in a better
state. Investigations are going on previous to the trial of
the persons accused of having taken part in the plots dis-
covered here, at Ancona, and at several other places. The
King of Naples, who was expected at Rome at the com-
mencement of Lent, has not arrived. This has caused some
disquietude, because it is supposed that Austria will endea-
vour to prevent the visit."

Letters from Ferrara state that the Legate, the
director of the police, and other employes, disliked by
the population, had taken their departure. It is also
stated that, in compliance with a summons from the
municipal authorities, the Austrian garrison had
quitted the Mura degli Angioli, of which it had taken
possession as an exercise ground.

1 The Levant mail brings advices from Constantinople
of the Bth, and from Athens of the 10th instant.
The differences between the Governments of
Turkey and Greece still continued. The English
and _French Ambassadors had remonstrated with the
Turkish Ministry against certain concessions which
they pi•oposed to make to Russia in the treaty of
commel•c!e which the Porte is at present negotiating
with the it power.
The ) sews from Athens announces the recovery of
King 0 IL HO from his late illness, and the capture of
several bandits—among others of the notorious
TuomA IMamassovA.

give employment in other years ; in many, indeed
we believe the majority of instances, the landlord's
rent has been withheld, while the deposits in the
savings' banks and the private hoards both of money
and corn have been considerably augmented. And
yet they still hang back, in the vain and ridiculous

expectation that the Government will not only supply
seed, but will also send men from the public works
. . _

to till the lands; while the occupiers, looking on in
listless indolence, will have every necessary preparation
for the harvest made for them without either labour

Madri cl. journals of the 19th have arrived.

or expense, and be permitted to reap where they have
not sown, to enjoy fruits for which they have not
toiled. That such has been the motive it is impos-
sible to doubt. An outcry has been raised against
the Government for employing the labourer on un-
productive works, and it has been asserted that a
sufficiency of labour could not be obtained by the
farmers for the necessary cropping of the lands—and
this notwithstanding the regulation that any farmer
requiring men could obtain them by making applica-
tion to the inspectors. A certain proportion of the
labourers have been discharged, in pursuance of the
recent Treasury minute. A new clamour is
excited for sending them away, while
there are such quantities of lands afford- .

General SERRANO still remained concealed, and as
no steps Nave been taken to bring him to a court-t
martial, it was supposed the Ministry would let the
matter d. N qo if the General would abstain from inter-
fering in . politics. The QUEEN has signed several
decrees 1 vi rich have recently been presented to her
by the 1 1 aistry, and her MAJESTY and the President
of the 0 iu ncil appear to be on the most perfect terms
of intell; ge nce. Rumours, however, were still cur-
rent in 1 Is alrid of the probability of the speedy advent
to office 'of a Pacheco and Miraflores Ministry, al-
though th e friends of those gentlemen assert that
neither of them is at present prepared to take office.
In the, ',Chamber of Deputies, on the 17th, a long
discussi on ,took place relative to the decree prohibiting

fostered by the presidence of royalty; not but what 1 ing such ample occupation. 'We had hoped
individual eminence in the acquisition of classical that the decisive and energetic statement of the
lore, or in the mastery of the abstruser sciences, may Premier would have awakened the people from their
be attained without the interference of sovereignty. delusion so soon as it was fully promulgated; but it
The advantages which mast accrue to Cam- appears there is another ground which is not without
bridge, from the installation of his Royal , Highness its effect in keeping the land uncultivated. The
as Chancellor, are of a nobler character than that Of landlords are not willing to give a single shilling un-
less secured that the advance will be applied to the
merely establishing an immediate connexion between
contemplated purpose, and that they will be repaid
the college and the palace. Those advantages will
be of a kind similar to the benefits conferred upon the amount out of the produce, while the tenants hang
back lest the future crop may be made liable for the
the renowned universities of Continental Europe by
the patronage of enlightened rulers and the counte-
arrears of rent. The public generally cannot suffer
from these petty squabbles. The Poor-law will corn-
nance of patriotic dignitaries. The incitement con-
pel a maintenance from the land. The English will
sequent upon the supervision of any august per-
not again interfere to avert the destruction that is
sonage, particularly when that personage is so
directly associated with the head of the Constitution, actually courted, and both landlord and tenant wil
has invariably proved beneficial not merely to the be involved in one common destruction if these dis
cause of learning itself, but to the cause moreover of putes are not speedily and amicably arranged.
national education.

Sooner or later the force of public opinion gains
its righteous ends. There is, however, a body of
men, necessarily armed with considerable authority.
whose services are indispensable, from the nature of
the duties which they are called upon to perform, and
whose remuneration for the same constitutes a heavy
item of public expenditure, upon whom the weight
of popular censure, with respect either to the adminis-
tration of the system under which they are embodied,
or the personal delinquencies of which so many of
them have of late, from time to time, been proved to
be guilty, appears to produce but little impression.
We allude to the police force. Notwithstanding that,
in common with other journals, we have felt our-
selves constrained, from a regard to the liberty and
general welfare of the subject, to offer some severe
strictures upon the conduct of the police, in its
different grades—notwithstanding the sharpri:ebukes
which their grave errors have met with from
some of the magistrates, and even from the
judges themselves, the police authorities seem
to treat with consummate indifference the
just reflections which, from different influential
quarters, have been cast upon their abuse of the im-
portant functions with which they are entrusted.
We are, nevertheless, convinced that their obdu-
racy will be speedily mastered. We have recently
had an assurance in Parliament from the Master of
the Mint, that the reprehensible practice of remune-
rating policemen who give evidence on trials affect-
ing the coinage will be abandoned. We are indebted
to the Lord Chief Baron for this salutary alteration,
made in consequence of the sweeping condemnation
which ke passed from the bench upon the obnoxious
practice ; and there is a great probability that the
public will have reason to feel grateful to
Mr. Justice COLERIDGE for the relinquishment of
another practice of a most atrocious character.
AL- the Cambridge Assizes a man was indicted for
the crime of arson. An inspector of police came
forward to depose that, having listened outside the
cell, he had overheard the prisoner make certain
statements of an inculpatory character. Justice
COLERIDGE rejected the testimony—first, because
"such evidence as this ought always to be looked
upon with great distrust and jealousy by a jury, who
might well doubt the sources whence it arose."
Hereupon the inspector declared that he had fre-
quently been blamed by his superiors on former oc-
casions for omitting to obtain such evidence. The
Judge at once rejoined, "that, if that were so,
there was no wonder that remarks were 'made on the
testimony of policemen," and condemned the practice as
one which ought to be discontinued for the future.
Unless, indeed, the police authorities be desirous, as
it would appear they are, of acquiring the unen-
viable reputation of a VIDocQ, they had better lose
no time in profiting by this trenchant reproof of an
English Judge.
One word to the Chairman of the Surrey Ses-
sions. An inspector of the Guildford police
gave evidence, on Thursday, in support of an
indictment of precisely the same "eaves-drop-
ping" description with that to which we have above
referred. On this evidence the counsel for the prisoner
commented very severely, and read a report from the
Times of the refusal of Mr. Justice COLERIDGE to re-
ceive such testimony. The Chairman, in summing
up the case, " condemned the conduct of the counsel,
in producing a newspaper report for the purpose of
prejudicing the minds of the jury. He really con-
sidered there was too much liberty taken by some
of the Learned Counsel in that court, which
was not allowed in any other, and which took
up unnecessarily the time of the public."
In the first place, we must remark that we are infi-
nitely more inclined to take our lesson of what is
most conducive to the pure administration of justice
from the lips of Judge COLERIDGE than from those
of Mr. J. W. FRESHFIELD ; and in the next, we
must inform this gentleman that, in the Superior
Courts a reference to a newspaper report is not con-
sidered irrelevant or impertinent, where the case is of
so recent a date as to have precluded its appearance
in the usual professional reports of legal proceed-
ings. Under such circumstances, the newspaper
report is always received quantum valeat; and the
Judge, so far from taking umbrage at the reference,
feels indebted to counsel for inviting his attention to
the latest opinions of his Learned Colleagues. Where
the point raised happens to be one of an exclusively
legal character, and such as could not be well under

stood except by those thoroughly conversant with the
law, none but a strictly professional report would
have much weight with the Court ; but, in the case
before us, those " who run may read," and it were
almost impossible for any one of ordinary capacity
to mistake the purport of Judge COLERIDGE'S obser-

vations. Mr. FRESHFIELD should remember that
" he is a wise man who speaks little."

Some disturbances, caused by the dearness of pro-
visions, took place at Prague on the 14th. The mob
broke into four bakers' shops, and plundered them.
Troops were ordered to be in readiness, in case of
their services being required, and the wealthier inha-
tants have taken measures for supplying bread to
such as may be in want.

tho exportation of corn. The Minister of Marine
il-f.nded the measure, by urging 11-at it. WaS nr^f,-
sary to adopt it, owing to the present situation of the
country and the alarm felt by the people. But he
hoped it would only be temporary, and he promised
that the Government would present a law on the
subject, A Deputy proposed a vote of censure on the
Government for having issued the decree, but the
Chamber decided against the motion by a majority of
142 votes to 40. On the 18th Senor CORTINA moved
that the petition of Senor,OLozAaa should be taken
into consideration. The Chamber, however, con-
tented itself with referring the petition to the Elec-
tion Committee.

The English Ambassador had an interview with
the QUEEN on the 18th. It was reported in Madrid
on the 19th that the Ministry intended to withdraw
the Bill for a new loan, on the assigned ground that
the state of the country is not such as to render any
new military expenditure necessary. There are per-
sons however who attribute this reported intention to
the distressed state of the public funds, which is de-
cidedly unfavourable to a new loan.

The prices of food in Madrid are every day in-
creasing, and it is said that very great distress exists
in the Balearic Isles.

A letter from Barcelona of the 16th says—
,. General Pavia took possession of his post on the 13th,
the day after his arrival, and received at once the felicita-
tions of the officers of the garrison at the palace of the Cap-
tain-General; General Breton was still residing there, to
whom the new Governor of Catalonia has always shown the
greatest deference. On the 14th the principal authorities of
the town, and the foreign Consuls paid a visit to General
Pavia, and took leave of General Breton. As the two
steamers, the Vulcano and the Blasco, which General Breton
was waiting for, in order to proceed to Port Venires, have
arrived at Barcelona, with troops, it is probable that he will
soon take his departure. General Pavia, on taking posses-
sion of his post, has addressed a proclamation to the Catelo-
nians. I have read this document, which appears to me
somewhat insignificant; it is, however, exempt from any
monstrous enactments, impossible to be carried into execu-
tion, and which, in threatening every one, cause apprehen-
sion to none."

MADRID BOLSA, MARCH 18.--.. The Three per Cents.
were done on the 18th at 31* for cash; the Five per
Cents. at 19; the Debt without Interest at 51; and the
Coupons at 17. The Bourse remained closed on the
19th, it being the feast of St. Joseph.

We have received the Paris papers of Wednesday.
It is evident from the following article in the
Debats that the split in the Conservative camp, as
indicated by the election of M. Luos DE MALLE-
VILLE to the Vice-Presidency of the Chamber, is of
a more serious nature than had been imagined.
" How will the debate on M. DUVERGIER DE
HAURANNE'S proposition end ?" asks the Journal des
Dibats.

" Two days since the question would, we confess, have
caused us to smile. After the vote of Monday, it appears
doubtful. Those who have elected M. de Malleville re-
joice loudly over what they have accomplished. They as-
sume the airs of masters with the Ministry and the majority ;
they dictate their conditions; they menace to unite with
the Opposition to carry the resolution, as they coalesced to
carry the election of M. de Malleville, should the Ministry
not engage to grant them, before the conclusion of the pre-
sent Legislature, the • adjonetion des capacites (which would
give the members of the liberal professions the right to vote
at elections). This is their ultimatum. It is not, let it
be well understood, the adjonction des capaeites in which
they find an interest, but the desire they feel to increase
their importance, and to insure themselves the advantage of
a trifling success by compelling the Government and the
Chamber to pass under their Caudine Forks. They are not
20, and they pretend to impose their law on 200 Conserva-
tives We-are convinced, however, that neither the Minis-
try nor the majority will consent to suffer such a humlia-
tion. We must incur the risk; we must ascertain
whether we are at the mercy of twenty pretended Con-
servatives, who join our ranks for the purpose of betray-
ing us to the enemy. The Ministry would commit an
unpardonable fault, not 'only by entering upon such an
engagement, but by not refesing with -determination to
entertain it : the Ministers would alienate their dignity and
independence, and would deserve that all honourable men
amongst the majority should desert them. What, more-
over, would such an engagement signify but that our elec-
toral law requires to be reformed, and why, therefore, refuse
to take M. Duvergier de Hauranne's proposition into consi-
deration? If the breach is to be opened, why not to all
systems ? You have your ideas of electoral reform, but who
told you that we had not ours? Each person may sacrifice
his differences and his particular views to the necessity of
maintaining what exists; but if we destroy what is, each
person ought to possess the right of presenting his ideas, and
in that case the proposition of M. Duvergier de Hauranne
merits consideration as well as another. Is it because M.
Duvergier is not a Progressist Conservative ? Ask himself."
The number of seceders is, according to all ac-
counts, considerably underrated by the Debuts. They
have as their leader one of the most bold and reckless
of political adventurers, one of the most cunning of
Court intriguers, M. Ehtxt.s DE GIRARDIN, a gentle-
man not altogether unknown in the courts of justice,
the proprietor of the Presse, which, as the organ
of the new party, has put forth the following ma-
nifesto
The famoas cry of alarm of Unfortunate France! un-
fortunate King uttered by the Journal des Debuts, may
still be remembered. Yesterday the same journal sends
forth the following cry of distress not less plaintive. An-
other blow must not be waited for to awake, or perhaps it
will be too late.' What then has happened? Has M. Guizot
been sacrificed to Lord Palmerston, as formerly M. de
Chateaubriand to M. de Villele? Has M. Thiers, who is to
the Revolution of 1830 what the Prince de Polignac was to
the Restoration of 1815—the danger which threatened it—
been called on to form a new Cabinet ? No, nothing of all that
has occurred. What has happened is of a very different
gravity; M. Leon de Maleville has been elected President of
the Chamber, when opposed to M. Duprat ! That is not all ;
there have been found amongst the majority a certain num-
ber of undisciplined members, who refused to urge the spirit
of intolerance to the point of excluding systematically from
every committee all the Deputies of the Opposition. That
is still not all; three bureaux out of nine authorised the
reading of M. Duvergier de Hauranne's proposition, being
unwilling that the Conservative party could be reproached
with what it never fails to upbraid the Opposition, namely,
to have buried in 1840 the proposition of M. de Remilly. It
is easy to be seen, therefore, that the majority is dissolved,
that France is undone ! If any one doubts it, let him read
the article of the Debats. (Here the Presse gives the article
in question, and then continues.) But let that journal set its
mind at rest; if there is any danger to be feared for the ma-
jority, it is not an impartiality, but an intolerance. The im-
partiality which the Debats rallies so agreeably has swelled
the ranks of the majorities, but never dissolved them. What
ruined the Restoration was not an excess of toleration; if
the Restoration had been less exclusive, it would not have
given the Debats the triumph and the grief of beholding the
verification of its prophetic words—Unfortunate France
Unfortunate King!"
The Court, in the meanwhile, is steadily pursuing
its reactionary policy. One of the boasts of the
French nation was, that by the revolUtion of 1830
they had freed themselves from the yoke of the old
nobility. The King of the Barricades, however, is
preparing the way for the restoration of that yoke.
On this subject we find the following curious article
in the Constitutionnel:—
"Some time before the death of M. Martin (du Nord) it
was reported that he had been made a Count. It was even
supposed that this ennoblement was a consolation accorded
in extremis to the fallen Keeper of the Seals, for the loss of
health and power that he had sustained, a sort of plaything
given to the sick man to amuse him in his sufferings.
This supposisition was an error; it is now certain that M.
Martin had been a Count two years, but tbet he had not
dared to decorate himself publicly with his new We. That
is not all; it is said that there are at this mote at a great
number of counts, of marquises, and even of duk a, of more
or less recent creation, of whose existence no one dre tins.
All these nobles in petto await with impatience a formable
occasion to produce ostensibly their ridiculous time; but
public opinion does not yet appear to then/ sufficiently well
disposed, or rather without doubt the Government interdicts
them for some little time longer from giving themselves this
joy. They appear then in the world as simple roturiers,
having secretly the consciousness of their greatness, like the
princes of fairy tales, who live metamorphosed in beasts
during a certain time of trial. Thus no one is certain that
he has not among his friends some one of these nobles honteur
who have had the courage to demand a title of nobility in our
time, but who have not the courage to tell it to their friends,
who would blush at their ridiculous vanity, and dare not
dress themselves out in the tawdry ornaments they have
had the stupidity to make an object of ambition. And not
only do people become noble in these days, but they obtain
advancement in this hierarchy according to their merits. M.
de Salvandy, for example, glorified himself for a long time
on being a Count. All at once—on the very day on which
a Marquis entered his family—we saw his title of Count
disappear, and his signature affect everywhere a strange
simplicity. It is said that the explanation of this fact has
just been made—it is that M. de Salvandy has thought that
he could not have a Marquis for son, and remain only a
Count__he has been created a Duke, and impatienty awaits
the day on which he can produce this new parchment to
the open day of publicity. Such, at least, is what every
one said in the Chamber yesterday. We laughed the other
day at M. Lacave-Laplange, who stuck up so stoutly for the
title of excellency, and one called him Marquis du De-
ficit.' Who knows? M. Lacave-Laplange is perhaps also
a Duke of the recent batch At all events he certainly
deserves to be."

MONEY and .COMMERCIAL NEWS

The Journal des Dads has the following from the
Island of Bourbon :
" The colony of the Island of Bourbon has for some time
been in a state of anarchy. It has not been the blacks who
have risen in rebellion, or the mulattos and other men of
colour, always, according to the creoles, ready to bring fire
and sword into the country, who have taken up arms and
given the signal of revolt. No ! the example has been set
by the authorities; it was the colonial council which com-
menced the deplorable proceedings which render all govr
i n-
pent mpnssible. It had appeared that the colonies, not-
withstanding all the complaints they laid through their or.
gans, had resolved not to contend against the spirit of the
Government, but, on the contrary, to endeavour to act in con-
cert with it. Several symptoms indicated this disposition,
and particularly the modifications to which the colonial
councils subjected the composition of the councils of dele-
gates übich represented them in the Government, and which
are nominated by a plurality of votes. in France the new
nominations were favourably received, and we ourselves ex-
pressed the pleasure we felt in the election at Bourbon of M.
Sully Brunet, a man of sense and moderation, of enlightened
and conciliatory opinions, and who, after having before been
invested with the colonial representation, was deprived of it
because he was suspected of entertaining too liberal and pro-
gressive ideas. We hoped, however, to find in his renomi-
nation a pledge for a sincere return to right reason, and for
a renewal of a good understanding between the mother-
country and the colony. Unhappily our hopes have been
but too quickly disappointed, at least at Bourbon. Scarcely
recovered from a momentary stupor, the passions wore

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Par

INd.

3p 1 dis 2 p 1 dis
3 p par
par 4 p par
p
ONE CLOSING
FOREIGN FUNDS. O'CLOCK. PRICES.
Mexican Bonds, 1846, 8 per Cent .. 22
Spanish Bonds, 5 per Cent • • .. 22% 213 i
Ditto, Three per Cent • • .• 341,6 22%
341
Ditto, for the Account • • • • • • 34!,‘ 4
34%
DividendA on the above payable in London.
Dutch Two-and-;-half per Cent ~ 59
83
Ditto. 4 per Cent. Corti/totes .. 93 59

awakened in all their former 'vividness, and, as their first
gratification, they determined to obtain the annulment of
Lt:e election of M. Sully Brunet. The memis of 4aaia-
ing this was to induce the Governor to dissolve the Colonial
Council, because the powers of the delegates cease with the
existence of the political body which nominates them. A.
redoubtable minority, consisting of 14 of the Council, un-
dertook to force the Council to this, and succeeded by sys-
tematically absenting themselves from the sittings. The
illness of two members of the majority rendered it impossible
for the labours of the Council to be continued, and the Go-
vernor was under the necessity of making a new appeal to
the electoral colleges. The accounts we have received fr,m
Bourbon come up to December 22d—the day after the new
session was opened by the Governor in person, M. Graeh.
They give us no hopes of seeing a speedy termination to this
crisis, or rather they make us fear that the anarchy will be
prolonged. Out of the thirty members of which the Council
is composed, fifteen have determined to give their votes for
M. Sully Brunet, and the other fifteen are as resolute in their
determination to oppose him. Where then is a majority to
be found ? Bat this is not all. It appears that, in imitation
of the example set by the minority which caused the dissolu•
tion of the last Council, the members of the two parties have
entered into an engagement with each other to do as has
a:ready been done, and by seceding from the Council render
all further proceedings by it impossible, in case their opinion
should meet with a check."
The Rtforme states that the prohibition of the ex-
portation of grain by land or sea from Spain had
created a panic throughout the south-western de-
partments of France. " Prices," it says, " imme-
diately rose at Bayonne, Bordeaux, and Toulouse.
In this last town the advance was 4f. to 6f. per
hectolitre. The wheat called bladette ' reached the
enormous price of 36f. to 37f. the hectolitre. In
ordinary years it sells for 18f. All that country
drew its supplies from Spain. The rise is conse-
quently general throughout the south. Lyons, where
a calm prevailed during the last month, receives no
longer any provisions from Marseilles, on account of
the shallowness of the Rhone. In the meantime
numerous purchasers from Auvergne, Burgundy, the
Jura, and the Vosges, allured by the comparatively
moderate prices, have repaired to that market, and al-
ready caused an augmentation of from lf. to 21. per
100 kilogrammes. The markets of Paris and its vi-
cinity continue calm. dour has fallen from 2f. to 3f.
per sack since Saturday."
In the north-western departments, however, prices
have fallen, and the price of flour fell 4 francs per sack
of 157 kilogrammes at the Paris market on Wed-
nesday.

The stockbrokers of Paris have divided among the
charitable boards of that capital the sum of 45,000 f.,
the amount of commission allowed them for the pur-
chase of Rentes made by the Emperor of RUSSIA from
the Bank of France.

Intelligence from Algiers of the 16th had been re-
ceived. Marshal BUGEAUD had suffered a relapse,
and his illness continued to increase in spite of the
most energetic treatment.
The Chevalier RUFFO has arrived at Marseilles on
a mission from the Bey of Tunis.

The Courrier de Marseille of the 20th says—" We
are enabled to state that the struggle which has so

long existed between the Marseilles and Trieste
routes is at last terminated. The English Govern-
ment has given orders that the steamer Ardent
which had been placed at the disposition of Mr.,
WAGHORN for his different trials, should return to
Malta, and it arrived there on the 15th. The Eng-
lish Government has definitively adopted the Mar-
seilles route."

The debate on M. DCVERGIER DE HAURANNE'S
proposition for electoral reform was resumed on Wed-
nesday, and had not concluded when the post left.
The Paine says—" The Duke DE GLUCKSDERG
has been appointed Minister Plenipotentiary at Ma-
drid, in spite of the opposition made to this choice by
Count BRESSON. This appointment has taken place
on the reiterated request of Queen CHRISTINA, and
according to the advice of M. IsTuarrz."
The Three per Cents. closed on the Paris Bourse on Wed-
nesday, at 79f. 10c.; the Five per Cents., 116 f. 95c.;
Orleans Railroad Shares, 1,275 f.; Rouen, 870 f. ; Havre,
668 f. 75c.; Great Northern, 628 t 75c.; Avignon, 807 f. 50c.;
Vierzon, 570 f. ; Bordeaux, 517 f. 50c. ; Boulogne, 405 f.;
Troyes and Alontereau, 290 f.; Basle, 205 E; Dieppe, 325 f. ;
Paris and Strasburg, 442 f. 50c. ; Tours and Nantes, 430 f. ;
Paris and Lyons, 445 E; Lyons and Avignon, 475 f.; Cette,
450 f.

LYONS, MARCH 22.—Paris and Rouen, 870 f.; Avignon
and Marseilles, 808 f. 75c. ; Northern, 625 f. ; Paris and
Lyons, 455 f.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, Alsacit 25.
Boulogne and Amiens, 16i—Central of France (Orleans and
Vierzon), 14 IA —Dutch Rhenish, 4 4—East Indian, % —Northern of
France, 13—Paris and Lyons, 5% —Paris and Rosen, 34k.

(From The Sun of last Night.)
The sales of Cotton at Liverpool yesterday were 10,000
bales, including 3,000 bales American on speculation, and 500
Egyptian for export. There was an active market, and
American sorts were 4d. to %d. per lb. higher than on
Friday last. In other kinds there was an advance of about
Yid per lb. The sales comprised 8,000 bales American, at
6!hd. to 75g, 1,200 Egyptian at 71/2d. to Bd., and 500 bales
Surat at 4%d. to sd. per lb. Railway shares were quiet,
but firm.
There was a fair business done at Messrs. Lamond and
Co.'s sale of Railway Shares to-day, and prices were steady.
The fallowing are a few of the principal sales:—
Great Western of Bengal £0 5 6
South Yorkshire, Doncaster, and Goole 2 3 0
Cornwall, Halves 1 10 0
Shropshire Union and Canal 1 0 0
North British Extension
East Indian ...
London and Manchester (Remington's) 0 5 6
Derby, Stafford, and Worcestershire .... 0 9 0
South-Eastern and Dover
Ambergate, Nottingham, and Boston
Eastern Counties, York Extension 5 3 0
London and Blackwell, No. 1
Northern Counties Union 0 17 6
Eastern Counties ...... . 19 17 6
Shrewsbury and Hereferd ......... .. 1 1 6
Shrewsbury and Birmingham (A) 4 7 .6
There is considerable attention paid still to the state of
affairs in Ireland, and the extraordinary features presented
by the somewhat contradictory accounts sent over quite be-
wilder City people. It is admitted that in parts of the sis-
ter kingdom the farmers are exhibiting not only apathy in
respect to the cultivation of the soil, but positive criminality
as regards the hoarding of money and food, which might be
made to yield a rich reward to themselves, and be productive
of blessing to those around them. Our capitalists look with
mauifest concern at such an anomalous state of things, and
stern as the necessity may be, the course of Government in
throwing the people on the land for employment is considered
to be the only one sanctioned by humanity or policy. Even
as matters are proceeding, the loan of eight millions would
soon be absorbed, and a recourse to increased taxation would
not only be excessively unpopular, but seriously detrimental
to the interests of commerce and the status of the money
market. Apart from Ireland, there is nothing that excites
particular uneasines in the mercantile world, and in the
exercise of firmness by the Executive, it is conceived that
there is more to be hoped for than in lavish expenditure.
Some remarks upon the currency by a party at Liverpool,
under the signature of " Tristram Trye," allude to the cir-
cumstance of the Bank of England holding a larger amount
of bullion than at any time previous to 1844, although, as he
remarks, with too much truth—
" The commercial fabric is at this moment shaken to its
foundations by the rumoured possibility of the reduction or
re-absorption of the circulation. The contingent fall in the
prices of all articles is a sufficient motive to the delay of
mercantile operations. Public assurance that arrangements
(of what kind soever) had been effected to keep up both the
stock of bullion, and the usual issues of the Bank of Eng-
land, would at once restore confidence. Business
would proceed without material curtailment or inter-
ruption; and the afflicting visitation of famine, instead of
being aggravated by supernumerary evils, would be almost
neutralised by an abundance of remunerative employment.
That things should at once take this course, is obviously the
interest of the general community. But in what direction
lies the interest of the Bank? Directly opposite. Its
private interest, just now, is, by means of contracting
the circulation, to enhance the value of money, and
raise the rate of discount. The loss of a few mil-
lions of bullion from its coffers, the mere possibility
strikes dismay into the hearts of all beside who have trade
or employment, or property to lose, is, paradoxical as it may
appear, the ripening of her golden harvest. To one who
complains, the answer is, The Bank is a private institution
merely;' which, of course, is the fact, whenever her private
interests is not parallel with that of the public; and being
under no public obligation to act otherwise, it would be about
as reasonable to expect that the Bank would exert herself to
prevent the increased value of money as it would be to count
upon a combination amongst the growers or importers of
grain to keep down the price of food."
To a certain extent there is force in these reflections, but
there is ever a difficulty in providing remedies. National
banks, connected with Governments, have frequently an in-
fluence working on them even stronger than private in-
terest, and it should always be remembered that the
directors of the Bank being themselves merchants,
and in many instances private bankers, cannot have
a permanent interest in shaking credit, or keeping
money at a higher rate than safe business will warrant.
They do err often in this respect, we admit, but not usually
from interest alone ; and the evil is, as the writer quoted
seems to imply, that the Bank is too powerful. We may
thank Sir Robert Peel, in part at least, for this.
There is a firm market for Consols, but there is very little
doing. Money bargains have been effected at 891/s to 3a, and
time operations at 8914 %. Exchequer-bills have realised
38. premium to ls. discount. East India Stock is worth
2471/ to 2481 ; and Bank Stock, 205%.
The Foreign Bonds are merely nominal. Spanish Five
per Cents. have been quoted 22%, and the Three per Cents.
341/8 to 344. Mexican Bonds have been quoted 22.
The Market for Railway Shares, although firmer, is still
dull. The French lines have been done at improved quota-
tions, except Paris and Lyons, which are down to 6 and
5%, owing to the increased capital required.
BRITISII FUNDS. ONE
O'CLOCK.
Three per Cent. Consols Annuities 8934 %
sib
Long Annuities, Expire Jan. a, 1860
Ditto, 30 yearsoTan. 5, 1860 .. • • 9 5-16 9 5-16
.. 248% 247% 24N
India Stock .. • • • • • • • • • -- -